35 Burst results for "five percent"
Big changes in White House ideas to pay for $2 trillion plan
"With the clock ticking toward a self imposed deadline the White House is offering to shift off a key component of how to pay for president Joe Biden's two trillion dollar social services and climate package the White House is prepared to keep the corporate tax rate at twenty one percent shelving a hike to twenty six point five percent favored by many Democrats for companies earning more than five billion dollars a year instead there would be a new tax on gains of those with more than one billion dollars in assets in his hometown of Scranton Pennsylvania Wednesday Biden was sounding confident this is been declared dead on arrival from the moment I introduced but I think we're going to surprise them but the clock is ticking democratic leaders in Congress want agreement by week's end Mike Rossio Washington
A highlight from Episode 52: Coping With A Chronic Illness: Brian Winkler
"It's probably distressed so for sick i've lost probably twenty five percent of the thickness of my hair of al-raya interactions and reactions from infusion drugs. Tillis talk about music. You are a musician. Dislike me yeah. You haven't had the energy to play so it's been more a tech side of things and music mixing music and doing your stuff for you. Tell them what she meant to play. Oh mainly percussion instruments and the drums of course playing drums since junior high school. And have my beautiful where you're located right now. I'm in a lovely living room. We're in the same house. It's just easier because no one for not separated. It's cove ed no no. I can't get rid of this braga throat but we are doing some music recording. The last couple weeks i've had to learn how to use the software to record on my own and use my bluebird mike over here and i know the basics and then i've been handing it over to you to do the mixing and mastering so. Some of my new songs are going to be on the anniversary podcast. So we're pretty excited about.
More than 10,000 John Deere workers go on strike at 14 U.S. plants
"Hi Mike Rossi reporting deer and company workers go on strike after rejecting a contract offer more than ten thousand workers at fourteen Deere and company plants in five states what on strike Thursday in the first major walk out of the company in more than thirty years members of the United auto workers rejected an offer from deer earlier in the week of five percent raises for some workers and six percent raises for others rejected offer would have paid top scale their production workers just over thirty dollars per hour rising to thirty one dollars eighty four cents after five years the agricultural machinery giant known for its green tractors enjoyed a pandemic Boone gear is expected to report record profits of between five point seven billion dollars and five point nine billion dollars this year hi
Social Security checks going up by 5.9 percent, the highest increase in decades
"Millions of retirees on social security will see a big boost in benefits next year it's the biggest cost of living adjustment in nearly four decades of five point nine percent increase in benefits translating to about ninety two dollars a month for the average retired workers over the past decade cost of living adjustments averaged one point six five percent a year the jump comes following a burst in inflation as the economy struggles under the virus pandemic annual inflation is up five point four percent from a year ago matching a thirteen year high the
Fewer in US turn to food banks, but millions still in need
"An Associated Press review found the distribution numbers from food banks across the country have dropped over the last six months but the need is still elevated Katie Pitts Gerald is the CEO of feeding America she says the amount of food being distributed by their more than two hundred partner food banks is still fifty five percent above pre pandemic levels in Fresno at the central California food bank numbers have leveled off but remain twenty five percent higher than in twenty nineteen staff there report that many people are still out of work particularly women who are primary care givers in the home foodbanks are trying to predict how long the elevated level of need will last taking into account child tax credit payments but also the end of the nationwide eviction moratorium and expiring unemployment benefits Jennifer king Washington
Matt Rosenberg: There Is a Problem of Moral Authority in the City of Chicago
"I'm talking to matt rosenberg from chicago and the book is what next chicago. You're just telling us something really nuts. You're seeing that mayor lori lightfoot Was quoting john lennon's beautiful but insipid song. Imagine in response to some killings. Tell us more about that just so that we understand what in what context was she doing this right while i put it this way that she is channeling john lennon. She did not name him what she did. Say after a mass shooting. In which a number of people were killed was it's a whole essentially. She said it's a whole different ballgame if we don't have all these guns around and the absurdity of that is that it's the proclivity to shoot a gun for spurious reasons. That is the real issue here. I think common commonsense observers understand that so the hard part here is going back to a failure among parents. You know the hard part here to me is the issue of what i like to call in eric. This was growth experience for me. I had to confront. What is the central problem here. And i realized it's centered around something that i decided i would call moral authority. This is probably an area in which you have some experience of thinking and writing and and analyzing i realized it's a pretty basic definition what that what's constituted within that but there are maybe only five percent of chicago's one million households that are not living with moral authority but that's a large enough number to affect a tyranny of the minority which means it's not safe to be out on the streets which means that schools k twelve public schools are in state of disorder. Where police are required to be onsite breaking up fights guarding students against violence from other students. There's a great pressure on the county court system because of a small relatively small handful of miscreants who have an outsized effect on the city's so there is a problem of moral authority in the city
Critical Race Theory Is a Virus Against American Society
"Critical race theory or as we call it critical racism theory. It's impacted our life dramatically in the last year and this is something that can be called or diversity. Equity inclusion are learning and those that are obviously a university of michigan. You have to deal with this all the time. And all of its different manifestations but it's amazing how few people actually understand this and talk about how it's an existential threat to the american way of life and we need to talk about how critical race theory wokers. And what you want to call it right. It's a filler. Term is a virus against america and civil and free society. It doesn't have a ninety nine point. Five percent survivability right now. I'm not saying it's worse than cova because some media person he says there are two totally different things infectious disease. But i'm using a metaphor intentionally by saying if we allow these ideas to go unchallenged. Then everything that we have grown to know as justice and the american way of life gets immediately compromised. And so what is this. What is this idea that we all know it. Neurons certain way but let's start with what we believe in why we believe it super simple not controversial by the way. Tonight's not even going to be political. I'm everything i possibly can to not say republican or democrat right. We're just gonna talk about ideas. What is true. What is good. And what is beautiful. It's really simple. Every human being has dignity. I believe every human being is made in the image of god. I believe that every single human being is worthy of the idea of the american view of human fundamental american value.
Americans agree misinformation is a problem, poll shows
"A new poll shows Americans agree that misinformation is a problem ninety five percent of Americans have identified misinformation as a problem when they're trying to access important information a new poll from the Pearson institute and the Associated Press in O. R. C. center for public affairs research reveals about half blame the U. S. government while three quarters point to social media users and tech companies fifty three percent say they're not concerned that they have spread misinformation but about six in ten or at least somewhat concerned that their friends or family members have been part of the problem my camp in
Trump Spokesperson Liz Harrington and Sebastian Discuss Trump's 2024 Presidential Run
"President trump's spokesperson. Liz harrington let's talk about. Let's talk about your boss. I saw him. What was it two two and a half months ago. He asked me to come to trump town new york. We talked about election fraud. Great to see him you know. He's behind closed doors. He is like when you see him in the stadium with sixty thousand people. People always ask me. What's he really liked. Well what did you think you've seen him in real life. that's how he is. He's genuine but he was pissed. He was angry every right to be angry. Because of what happened in november. You talked to him regularly. How is his mood today. And you can't say on the record angus eight on the record when before i went to see him in new york said ninety five percent chance. He's running now. I would say ninety nine point nine percent chance i think the the announcement will be imminent. I presume you too well as he likes to say. I think you'll be very happy with the houses mood. He's good Obviously you know like the arizona audit results come out and you had the mainstream media just completely lying about. That's makes you angry makes me angry. But no he's
Biden Approval Rating Continues to Plummet: Battered on Trust, Leadership, Competency in Poll
"Anyone. That's actually a deeply rational person. And thinking like tucker. Carlson is a little bit confused about one aspect of the biden white house. There's a lot of not confused about. It's not an easy explanation. It isn't and here's why out today. Quinnipiac their new poll has come out and said that joe biden's approval rating thirty eight percent of the country approves fifty three percent disapproves competency forty two percent. Thanks joe biden is competent fifty. Five percents is not now you might say while those are some terrible numbers. I know. i can't believe forty. Two percent of americans think joe biden is competent. The border twenty. Three percent of americans approve of joe. Biden's handling the border. Sixty seven percent of americans disapprove of joe biden's handling of the border and so these numbers are dreadful. They are some of the worst numbers of a president in modern history. The average price of beef is up twelve percent. Bacon is up seventeen percent pork steak eleven point three percent poultry up seven percent fish and seafood up ten point six percent. Joe biden has a negative approval rating on the f- ouchi virus on the economy on foreign policy on the mexican border and on taxes thirty seven percent approval rating on taxes twenty three percent approval rating on the mexican border thirty four percent approval rating on foreign policy thirty nine percent approval rating on the
Even CNN Can't Help But Throw Biden Under the Bus
"You can't blame the media. On the way the polls are reflecting biden. Today media have any hand in that. This is all biden's doing even cnn. Which is a mouthpiece for the democrat party. She n n which is a political activist network. It's not by any stretch of the imagination. A news operation. They lost their credibility years ago. But here's one of their stars. Jake tapper with a reality check about biden's plummeting poll numbers. These new poll numbers. Frankly are brutal for the president and this brand new quinnipiac poll only thirty eight percent of americans approve of how biden is handling his job. Compared to fifty three percent who disapproved that's the lowest approval rating biden has had since taking office another striking number only thirty nine percent of americans approve of biden's handling of the economy. Fifty five percent. Say they disapprove of the job. He's doing on the economy. When asked is joe biden an honest president. Forty four percent of americans say yes. Fifty percent a plurality say no and one of the most damning results of all more than half of the american people fifty five percent say the by the administration is not competent in running the government.
America Has the Unvaccinated All Wrong
"So the After understand that there is a pathology. Here it's only explicable as pathology in the hatred of people who won't get back then you know what the hatred is about. It's not about their killing people because the they don't even make that argument right. What is the argument. They make oh seventy percent of those in in hospitalized with cova today or not vaccinate him. I don't know how true that is. Because they lie about everything they meaning the other side including doctors of the medical profession is is from fao ci on the cdc on down steeped in lies. So i i have no idea. It's true but in any in any event they're killing themselves that's that would be the worst charge you can make against the unvaccinated if you truly believe that incidentally that anybody ever make the charge you know. They're they're the the percentage of people with aids in hospitals. Who are gay or intravenous. Drug users is about ninety five percent. Anybody ever make that argument and if they did. Weren't they cold haters. But there was no memory in the country at memory. Memory is is gone. People will remember what happened today or maybe yesterday. So what is it. What is it if it's not medical. It's that there are disobedient americans. That's all it is about this obedient. America you will not listen. To a democratic gov- democratic mayor democratic president go to hell
A Democrat Civil War Could Help Save This Country
"Do you know what i saw. I'm following with great interest the seattle city attorney rates. Are you familiar with that. Oh my the the living martyr. The producer of this show is not familiar. Well my friends let me tell you a little about it in the gigantic pile of papers for this show. A woman is running In in seattle for the city attorney the women are. I will read to you. What this woman has said about police k. This is what this woman. her name is nicole. Thomas kennedy a white woman as it happens an evil human be truly a despicable human being and it says something about the citizens of seattle that she already has a thirty five percent of support not in in polling and i think voting for early voting. But that i'm not. I'm not sure of so. Let's see the race for city attorney in seattle would seem to be completely insignificant this from conservative star dot com in the scheme of national politics however considering the ideology of extremely far left candidate nicole. Thomas kennedy antique as she often uses the race is an experiment in miniature of potential voter trends. The reality is why the endorsement of republican opponent the reality is why. The endorsement of republican opponent by two former democratic government. Governors is so important that amazing to former democrats governors of the state of washington have endorsed the republican candidate. The only thing that can save the country or the best thing. It's not the only. The best thing is a civil war within the democratic party when liberals awakened to the evil that the left is there were. That is the only chance for the best chance. Let's put it this way for hope for this country.
New plant in Germany aims to cut flying's carbon footprint
"German officials have unveiled what they say is the world's first commercial cloned for making some critical kerosene touted as a climate friendly fuel of the future the facility near Germany's northwestern border with the Netherlands will use water and electricity from fort nearby wind farms to produce hydrogen in a century old process the hydrogen is combined with carbon dioxide to make a crude oil which can then be refined into jet fuel the resulting synthetic kerosene releases only as much CO two into the atmosphere as was previously removed to produce the fuel making it carbon neutral aviation currently accounts for about two point five percent of worldwide emissions of carbon dioxide a greenhouse gas that contributes to global warming I'm Charles the last month
Some fear boosters will hurt drive to reach the unvaccinated
"The number of first does covert nineteen vaccination delivered is falling in the U. S. despite the spread of vaccine requirements across the country federal data show the average daily count of Americans getting their first dose of the covert nineteen vaccine has plummeted more than fifty percent over the past six weeks some experts worry the move to dispense booster shots could be undermining efforts to persuade the unvaccinated to get their shots leading some to question the effectiveness of the vaccine in the first place an estimated seventy million Americans eligible for shots have yet to start vaccinations and with children under twelve not in that group that leaves only about fifty five percent of the US public fully protected I'm Ben Thomas
400K in U.S. got Pfizer booster shots last weekend
"The White House is continuing its push to get more people vaccinated against Kobe nineteen well there's been a lot of recent attention on booster shots the White House says it's still trying to reach the twenty five percent of Americans who still haven't gotten their first shot even though they're eligible but covered nineteen coordinator job design says vaccinations are on the rise we will hit an important milestone two hundred million adults with at least one shot there has been a new motivation with many municipalities and large businesses starting to require vaccines for employment CDC director Dr Rochelle Wolinsky says right now cobit cases are down the seven day average of hospital admissions is approximately eighty five hundred a day and the seven day average daily gas is thirteen hundred per day Jackie Quinn Washington
400K in US got Pfizer booster shots last weekend
"The bite into the serrations says the cope with nineteen vaccine booster campaign is off to a strong start White House virus response coordinator Jeff Zion says that pharmacies alone last weekend over four hundred thousand Americans receive the additional protection of a booster science says the focus remains on the roughly twenty five percent of eligible Americans who have not yet gotten there first vaccine dose CDC cheaper shovel Lenski says a particular group is concerning about thirty percent of women who are pregnant right now are vaccinated and extraordinarily low number and just fifteen percent of black pregnant women Wilensky says data show the shots are safe for both mother and baby Sager mag ani Washington
Biden wants to raise taxes on the wealthy and corporations. Here's why that's going to be hard
"Biden has said he wants profitable corporations to pay their fair share in taxes but under the latest tax legislation some companies would still be able to pay nothing. According to the democratic proposal approved this month by the house ways and means committee the top corporate tax rate would jump from twenty one percent to twenty six point five percent but our reporter richard rubin says the bill doesn't address the reasons that profitable companies sometimes don't pay taxes the company that aren't paying taxes or paying. None are often doing things that the government is encouraged them to do by giving them tax breaks the do it so for example that includes investing in equipment where you get a full and immediate deduction it includes doing corporate research so that you are you get a tax credit for that and i think what democrats are doing is they're saying look we know there's some companies out there that don't pay taxes and are profitable but we're not going to solve the equation for that. We're not gonna fix eight on that we're going to address what we see. Is maybe bigger issues. And they're going to focus on trying to encourage companies to do things that democrats want them to do invest in solar power invest in low income housing. And they're not willing to give up those goals. In order to fully address. This idea that every profitable company has to pay something in taxes. But a white house official. Says that. The committee's bill does markelle step forward in biden's effort to get companies to pay
"five percent" Discussed on KSFO-AM
"Five percent discount right off because of mission conditions including under lessons other states an analyst over thirty thirty Sunday kids learn about the trump Russian investigation in school maybe they could just point a few seconds okay as opposed mark Levin show this is the greatest scandal in American history there's nothing that even comes close for two and a half years this nation was dragged through the sewer as the president of the United States was accused of colluding with Russia and we're told about it day in and day newscast after news legal analysts and experts connecting dots there were no doctors the president called Hitler the president called muzzle leaning the president called Stalin the media aiding and abetting the Obama administration AT and abetting a lawless senior FBI official lawless senior intelligence official lawless senior state department official the New York Times The Washington Post CNN MSNBC you name it all in on it the lights from beginning to end learn about history while it's being made from mark live in weekday afternoons from three to six on talk radio five sixty KSFO remember when you were a kid you used to go over your aunt's house she had that dish on the coffee table full of should Nick your wife does a deprivation tank once a week talk to me about this are fascinating good morning you know I always look at this radio show and like the KT did say your aunt's house there's always something Yummy in there but don't always know what it is good grab a handful of Brian Sussman make KSFO morning show we talk radio five sixty KSFO the voices you know Susman in green rush savage mark Livin and Sean Hannity all on one station talk radio five sixty KSFO Hey welcome is is the Ben Shapiro had a lot to get to this out a little bit later on in the hour chick fillet utterly cades to the cultural left because things are getting terrible and they become more terrible each day in the country that's exciting stuff will begin at this hour with the Democrats latest move when it comes to impeachment gate twenty nineteen that is there going all the way back to the mall or report cited the mylar partner going only back to this thing according to Reuters the US house of representatives now probing whether president trouble light in his written testimony submitted to then you as a special counsel Robert Muller as part of the completed federal investigation into Russian meddling in the twenty sixteen election according to CNN house lawyer told a federal appeals court in Washington on Monday lawmakers were examining whether trump's written answers to federal investigators were truthful house wares disclose the investigation into drums written responses in September they said in a court filing materials from the Miller report could show that from was not honest about his knowledge of the campaigns contacts with wikileaks which published emails hacked from the Democratic Party so they're going to rely on the trial of Roger stone who of course was trying to funnel information from wikileaks over to president trump there's no been convicted of lying to Congress about all that lying to investigators about it the redacted Miller for materials have will direct bearing on whether the president was untruthful and further instructed the special counsel's investigation when in providing written responses to the special counsel's questions he denied being aware of any communications between his campaign and wikileaks now the reality is that his campaign did not include Roger stone Rogers does not a member of his campaign is sort of an informal outside adviser last week trump's former deputy campaign chairman regauged suggested in testimony during a jury trial in a criminal case that from talk to Roger stone about wikileaks during the twenty sixteen campaign gates's testimony appear to conflict with sworn written statement that trump gave Miller is that I do not recall discussing with the lease with stone from brought nor do I recall being where Mr still having discussed with the lease with individuals associated with my campaign of course stone had said it differently so is that from the line well I don't recall is definitely a defense too he's lying a typically it's been defense to his line but Democrats going back to the well on everything Muller related meanwhile president trump offering to provide some sort of written testimony perhaps to the new impeachment inquiry according to The Washington Post trump said on Monday he will strongly consider testifying in writing as part of that impeachment inquiry at the outset of a week in which eight current and former officials are scheduled to publicly testify about his controversial actions regarding Ukraine president trump said he might take up house speaker Nancy Pelosi on a suggestion she made over the weekend in a tweet this morning he also claimed that the rules I think we had been raped by policy and house intelligence committee chairman Adam.
"five percent" Discussed on News Radio 690 KTSM
"Five percent of the daily world oil supply and it's been shut down until the Saudis can fix whatever has been damaged and remain the resume the output. but you'll notice. you notice how serious this is how crucial this is. how disruptive this attack is how the threat of more attacks is causing even more disruption I'm telling folks it's a pipe dream if even that there is no way there is literally no way we will ever get rid of fossil fuels and my my point the reminding everybody here is that's one of the foundational aspects of climate change. and they're telling us that it's going to destroy us and destroy the planet no longer going to be habitable we've got to get rid of fossil fuels we have to really cut back we have to really limit them eventually get rid of them replace the one who knows what there isn't anything to replace them with. there is no other fuel that will make an airplane flight there was no other fuel that will create enough propulsion for a gigantic semi trailer delivering goods from one place to another to be able to do it there simply isn't. you can't build a big enough battery for a semi and you cannot. they'll win mail or a solar panel to make an airplane flight you just can't do it. and so the attack on the Saudi oil fields. is a huge huge reminder. of one of the hard cold realities of the world today. that the left is attempting to convince everybody is not. the attack on the Saudi oil fields in the reaction to it they the danger of the emergency status should tell you everything you need.
"five percent" Discussed on 710 WOR
"Class of the ninety five percent consistently lose money yeah you know you say E. L. you really believe that they're out there they're saying I don't want to be poor and and you know it goes back to you know kind of a a life long lesson the that we shared with me at a young age and it's like well you know you don't want to be port we sure act like you do you know actions speak a lot louder than words and so many times you will hear some he said well I don't want to be in this situation we sure act like you do because the some where we are in life is the sum of all the decisions up until this point time period right so if we don't want to be in the situation we're in number one stop acting like it because acting like it is what's got us there right so change kind of changed the whole approach really everything that we're doing and you know we go back through poor the whole passing over opportunities repeatedly again not taking advantage of an opportunity was it I'm not going to do that right now that is taking an action that is opportunity avoidance that takes us right into that poor mindset and it's one of the commonalities that you'll see over and over I see I I've seen and heard people come up with every single excuse I imaginable I have heard the phrase might ducks aren't in a row I don't know how many times and if I hear it one more time I actually may vomit because it is the oldest and the lamest excuse I've ever heard you want what you want to know why your ducks in a row because doc start ever in a row it's an excuse people use to not face their own issues and to not have to put any effort against it it is so much easier to do nothing and just sit back and complain rather than do something in own where we're at and try to make the necessary changes to make things better now one of the places where you can really get started off with this is really getting that education getting that foundation bill take those first steps of getting over the fear because usually the fear the told you back and where can you do that but out of one of our classes and right now before the break Larry how but we do another give away let's do it right now I have a.
"five percent" Discussed on 710 WOR
"Class of the ninety five percent consistently lose money yeah you know you say he you know you really believe that they're out there they're saying I don't want to be poor and and you know it goes back to you know kind of a a life long lesson the that we shared with me at a young age and it's like well you know you don't want to be port we sure act like you do you know an action speak a lot louder than words and so many times you will hear some he said well I don't want to be in this situation we sure act like you do because the some where we are in life is the sum of all the decisions up until this point time period right so if we don't want to be in the situation we're in number one stop acting like it because acting like it is what's got us there right so change kind of changed the whole approach really everything that we're doing and you know we go back through poor the whole passing over opportunities repeatedly again not taking advantage of an opportunity to say I'm not going to do that right now that is taking an action that is opportunity avoidance that takes us right into that poor mindset and it's one of the commonalities that you'll see over and over I see I I've seen and heard people come up with every single excuse I imaginable I have heard the phrase might ducks aren't in a row I don't know how many times and if I hear it one more time I actually may vomit because it is the oldest and the lamest excuse I've ever heard you want what you want to know why your ducks in a row because doc start ever in a row it's an excuse people use to not face their own issues and to not have to put any effort against it it is so much easier to do nothing and just sit back and complain rather than do something in own where we're at and try to make the necessary changes to make things better now one of the places where you can really get started off with this is really getting that education getting that foundation built take those first steps of getting over the fear because it's usually the fear the told you back and where can you do that but out of one of our classes and right now before the break Larry how but we do another give away let's do it right now I have a.
"five percent" Discussed on NewsRadio KFBK
"Eighty five percent of the payments they made but the deal does not resolve claims for the actual wild fire victims that is still on going as utility tries to emerge from bankruptcy by next year the trump administration has announced it is going to try to tackle the homelessness problem in California and aids have been sent to our state on fact finding missions then I talked with second area congressman Armey bear about the homeless problem homelessness is a major issue not just in the city of Sacramento but also in the suburbs and now we're obviously going to welcome any federal assistance but yes some of the language in the rhetoric that the the president and the ministrations using makes it seem overly political again I would have I would urge the administration the president release funds to the local communities because again the local communities probably have a better sense of what those causes of home with a far. right and apparently some administration officials have already visited Los Angeles so I it's uncertain whether or not any federal funding would come out to our area but of course our mayor Gerald Steinberg is on the governor's. the governor's homelessness commission and Mehrestan Berg saying was aware of what the president could offer but would certainly accept any federal funds. yeah I I I I think I would echo what matter Steinberg's indicators is. yeah the the way the presence approaching this almost sounds like you're gonna gonna be warehouse thing the homeless in the three human beings and yeah they fall on hard times in their home was for one reason or another I'm not denying that there's the urgency in California and in Sacramento to help address this but again I would urge the administration to release additional funding to the local communities and let the local communities use those funds in the most efficient way possible and finding that the most efficient and best way of course is key are there any strategies are ideas that you've heard of that resonate with you on how to tackle this you know certainly a couple I mean homelessness isn't one size fits all you know certainly there's the need to address the underlying mental health or substance abuse issues the housing crisis and the lack of affordable housing as well as enough housing certainly is contracted services as well and he you know I think its multi factorial yeah I know mash Feinberg I talked them a couple weeks ago and damn he's obviously pushing to do you have in person and okay folks and said livable shelters that bad of a a great first step but I also think we've got to make sure we address the underlying issues you know fast mental health or substance abuse we've got a can comment we address those issues as well. all right and that is congressman Armey bearer for of course from the Sacramento area bring your time to five fifty it's time for your traffic.
"five percent" Discussed on KTRH
"And and be successful inside the financial markets and the mental makeup side of this is key because I know Larry you want to talk about the ninety five five you know the five percent that are financially to verses the ninety five percent that are not financially independent or what are they doing differently usually it starts with that metal make up it's a decision making but I want to kick it over to you you're the expert on this matter the difference between the ninety five five how quick can we bridge the gap and if so how was very difficult for most people because it's a money mindset I mean it really comes down to are you willing to get out of your comfort zone because what this really means I'm gonna make this so simple because everyone thinks is this big secret to it it's really not it comes down to two things Ryan one is risk the other is leverage let's break these two down we talk about risk both the ninety five percenters and the five percent is all deal with risk the difference is how they deal with the risk so first let's take the ninety five percenters who might be listening and it's good to always kinda understand where you're out of the spectrum a ninety five percent of their whole lives have been told that anything that even remotely involves risk is a bad thing so the second you hear anything that has that are a word they going to fight or flight or even worse avoidance and so there are people out there that anytime they sense there's risk involved you're having to do something out of their comfort zone they literally shut down they will not deal with it they'll tell themselves eventually get around to it but it's a mental issue more than anything else where the five percenters deal at risk because they have risking their lives the same way they're not avoiding risk like the ninety five percenters they manage risk especially when it comes to trading there's rules you gotta be able be coach of all you got to be disciplined you got to be decisive and that's something in ninety five percent has a lot of trouble with we love helping those ninety five percenters jump over that hump and start realizing that there's a strategic way to be able to learn how to trade we use our core strategy for example which is a simple step by step process if you're someone who can follow rules you have a higher probability of success so that's the risk part the second part is what we refer to as leverage and the most basic definition of leverage is using other people's money and so we have a ninety five percent are out there they understand leverage you use it every day you get a mortgage you buy cars but that's bad leverage that's also known as bad debt wife because you're investing your money or borrowing money to invest in something that will never appreciate over time and that's the secret between the five percent is in ninety five percenters a five percenter borrows money but they will only do so to invest in something that can generate them money so the second a ninety five percent of buys a new car takes it off the lot instant depreciation okay so I love the fact that ninety five percent is live and die by credit cards incurring incredible debt interest on top of that we're a.
"five percent" Discussed on KDWN 720AM
"Ninety five percent of all of them are part of a tree you get upset you start getting sick we have an anxiety many have anxiety too much it's emotional feeling it feels so good Hey you got a feeling the feeling that you're alive but you're not really beginning to die and if you smoke it also takes away things either because if you don't have a smoke you feel that your sense it kills having society because guilt is following you all the way to the grave hoping if you wake up can be set free but the trouble is you'll never want to be wrong you always were happy right and you don't want to play with me because I'm not me I'm extension of him I want you to be extension of him but you can extension of him through me because they're not many me's all right now we're gonna take our next call it is post office box one thousand grants pass Oregon nine seven five two eight please put some money in this old man's hat for the future because the future will be free right now it's mostly free donations are needed and donations will be need to after I'm gone because you got to keep it going in you have to have people that are working with it and but but but I've learned is that those people who have helped they support the program hi so anyway just support it thank you my cancer is gone my problems are gone all of them are coming from the same sickness it just depends on the on the tree that your work is sprouting is where you sprout if this route with anger if your anger is earned yeah amity buyer cigarettes then you could get the death death of circuits if his eating to much is even worse is no longer food is addiction can you see how awful you'll die from that horrible horrible death what you see if you see you will need all those doctors you may need info for a little while we get to see what I'm trying to share with you yes emotion is the essence of sin and as long as you have he motion you can be controlled right now if it's any person out there wants to argue with me confront me you'd better take a second thought.
"five percent" Discussed on Veteran On the Move
"So i mean i can share with you without going to debugging chariot you the model that i teach is basically basically i teach people how to plan for a make on straight in and be successful throughout all the way the closure on difficult conflict laden conversations in the majority if people don't plan for and the majority of people don't plan for the other person's perspective in a way that actually is is adds value to them when they're in the moment having an abstract strack conversation with another human animal where physiological stuff is happening and you still have to be processing logically at the same time that's really tough to do when you're not planning if you feel the plan you plan to fail a lot of people remember that quote you know and so and so i help people simplify the subject conflict and then help them understand how you can in fact impact i would even say changed the physiology of the person you're gonna have the conflict with us at the beginning of a conversation which sort of leads you to a win win resolution based upon the work you've done before you got there and it's not hard it's just that it's something that doesn't it's never shown up in are teachers or teachers teachers were their teachers curriculum guide an it's one of the reasons why were not being successful in a lot of ways it's you know it's the reason why we have sixty five percent you know divorce rate you we had a lot of things that are pretty epidemic that were not addressing because in some ways there to harder they don't me feel good and right now is a lot of people are gonna appreciate society seems to be getting even more sensitive so it gets even more difficult difficult to not offend when you're trying to talk about tough subject but these have to be talked about i mean we have the have conflict management skills if you're listeners are leaders and they're not proficient in successful conflict management skills they're not as good as they can be and i know you're listeners that's one of the reasons they're listening if they wanna be as good as they can be so that's what i would say that yeah that's interesting i know most people probably wanna go through life and go to their business environment constantly hoping and praying that conflict does not happen because they'd be a conflict as a negative thing and it becomes more of a negative thing because they're always trying to avoid it or is if it starts to happen ended his quickly as possible instead of looking at it as an opportunity yeah and i don't remember which general so forgive me but said you know hope is not a method you know it's needed it's needed for anything good i believe but it's not a math and and the reality of the one thing that i can guarantee everyone every single day has conflict i mean if their alarm clock goes off they have accomplished how do i get in bed do i had this news do i stay in bed do i go to the gym you know what what do i see the dog like it's that's the one thing we have and that's the one thing we have to get better at dealing with an i'm not perfect at it i've spent a lotta time i'm being deliberate in my studies and breathing in training talking to people and learning but i i still have conflict you know where human but that's the one thing that we have to learn how to do well and we have to improve our skills is regardless of what other people do because that's the great thing about you know every time i teach the model they always go yeah but what about the other people you know were in the training class but what about other people well known fact this is your listeners know sometimes raise the level right of people's skill set in a conversation just by being better yourselves yeah as a so i see what you're saying is the people you you've got in the room and you're training and like yeah but people have accomplished what they're not in this room they're all out there and they're not getting the training yeah yeah but the thing is it's just like it it it it doesn't matter it doesn't matter it doesn't first of all we know we other people's behavior can't be unexcused for us not doing what we know to be the best version of ourselves and that's tough because that comes with a responsibility is a lot of us don't wanna feel like we wanna have 'cause it's tough we'd much rather not have to do it because it's easier like them but at the same time we can't around for them to be better for us to move our planet are project and are business in are like forward so if that's the case we have to get better at matt i would say managing conversations and tough conversations in ways that allow not only just they get the win win which is true but preserve the relationship and allow people to move forward and give somebody wanna continue to work with you in the future if you're online is attack occurs and you're base you can actually defend i mean you're tyres is you put it flies through the base opposing players into their guilt mates may defending real time if you launching the salt in war dragons each week in endgame event is activated with goals were players and their gills their awards based on individual in team performance performance in.
"five percent" Discussed on 760 KFMB Radio
"Five percent. You know. And you do you do your own internal polling, so you can't dispute and say, well, those are polls don't by other people or we're not going to go buy a Fox News poll. You do your own internal polling. You see your own internal polling shows shows this, and you're open and transparent to the candidates about it. Here's how we're doing it. And if one of them complains fine, but you just you, you can't have why it's I love it because it's going to be zoo, but I if it was my political party, I'd say, no, I want, I want it much more focused, even from the beginning, you know, you look at the overall impact of the debates, and there is some impact, but the greater impact right now, social media, that's where you do your stumping. That's where you gain energy. It's exactly how. AFC got elected, actually, the that kind of campaigning is what is paramount. The debates you're, you're more and more. You're competing for the attention in anything in any broadcast, whether it's sports or anything else. The, the attention span of any given viewer right now in our society has dwindled greatly. So, you, you look at this, and if they're going to they're not even gonna break ten minutes, each collectively or totally on, on their speaking time. Then what are you doing? Well, and if you look at it because I know someone complain we'll wait a minute. I'm pulling higher in Iowa. I'm pulling higher in New Hampshire and those are the first ones and I should be able to get a chance. But if you look at this national Iowa New Hampshire, the RC people averages top five all the same nobody over five percent. Except Harris Buddha. Judge warned Sanders and Biden, whether it's national Iowa or New Hampshire in the P across the board, Polack, right? So there's your debate there's your debate. So you really can't sit there and can cause the next one will really be a work, and he's at three point six national four point four in Iowa and three in New Hampshire. Their campaign complains fine. Now, the only point they're gonna make is Trump at this time in the Republican was only at a one and so one can still win. And it's so early out. Yeah. Again, that which goes back to the handshake, it's almost like it's an obligation here. Feel obligated? Okay, fine. Seem fair and then we're going to get tougher as we go along. Right. But it does nothing but by September you can't have an August. You can't have ten people. The trade off the, the quid pro quo here is that for those of them, you know, except for the nine that are still pulling Sierra. You're looking at the end of it all to have them at the convention. You treat them fairly and then hope that summer of next year. They're there for you. And they bring the, you know, two or three people that were supporting them. I can't wait for the Howard Schultz debate with himself. Yeah. He's probably already having eight eight six six ninety redeye..
"five percent" Discussed on KTRH
"We appreciate how important it is in our lives. Couldn't be more right? I'm getting tired of fish. The big emergencies happening to let that happen. But you're absolutely. Our shouldn't have to wait for emergency to appreciate our loved ones. But. Unfortunately, sometimes that's what it takes. I know that I appreciate her more as a day. I have had more friends to have a heart attack. And as a result to stop count their blessings. We have a natural tendency to chase that which we don't have in. Once we bring something under our dominion, we say, well, I control that I own that I have that that's official and move on. Our wife our kids our job, our health, our families our parents. We, we have a tendency to say, well, I've conquered that salesman. It's like taking for granted. The ninety five percent of your business. You already do have in hopes of adding the five percent marginal. And you don't appreciate what about the clients that have been with you. What about the folks that were with you during the tough times, and it's unfortunate that sometimes we have to have an adjustment like that to stop realize you know what? I've got it really good at home. I've got somebody really special in my life instead of worrying about all the things. I'm not be grateful.
"five percent" Discussed on Baseball Tonight with Buster Olney
"Five percent. This your forty nine point five percent hard hit balls. I had a conversation with pirates staff in spring training about him. And they said that you know, he had been one of these guys like a lot of hitters do Mepham asleep. Cal Ripken would always do this. He was a constant tinkerer where he would constantly change things, and maybe ultras mechanic's a little bit and alter his approach, and he would tinker and tinker and tinker and then Clinton hurdle brought him in and said, look, I just want each you to stay with just stay with an approach to stay with an approach. And if you switch out from your approach from day to day, you know, what I'm gonna do. I'm gonna sit you down. And so they just were trying to coax him into believe in your talent your talents. Unbelievable, just picking approach and stay with it. And you will take off. And that's exactly what it seems like he's done eating at a home run last night. I mean you've been to park in Phoenix like. He hit a home run last night. That was I mean. And when I watched where it landed. You know, I spent a lot of games there. I'm in man. I haven't seen very many baseball's go in that spot maybe back to the Rubio Baraza days, but they why was it absolutely massacred last night. And he's yeah. He's been one of the best offensive players in the National League. So far this season. Yeah. It's it's pretty cool to see too. Because I, you know, he's just another example of this conversation with with Jess over the weekend. Like baseball could not be in a better place. When you talk about good people who are great players. And Josh bell is one of those guys. You know, he's one of those guys love to talk with boobs. Always great to talk to you have fun with shipren again, less of you more of him tonight. Okay. All right. Rick Sutcliffe, I'll talk to you later. That conversation was brought to you by Pennzoil the I think motor oil made from natural gas. The proof is in the Pennzoil. We'll be back in a moment. When the Yankees manager Aaron Boone, but I want to tell you about DSL, listen up guys, if you're bigger tall, you know, what a pain it is to find clothes that fit..
"five percent" Discussed on WJR 760
"Those built be active documents to help you get the most out of your financial life is critical and what about for a married couple making sure that both spouses are actively engaged in all interactions with financial planner. So we are all very busy. We divide and conquer and we have to respect that. But what the mistake is is we aren't inclusive. So if the man or the woman are taking one's got the investment plan in one has the daily financial household management. We have to talk to each other to make sure the right and left hand know what they're doing when we get disconnected. And and don't have a sense of are we on track for our financial security your personal definition of financial security, which may be different than your spouse's. That disconnect can then create some distrust, not only in your relationship, but with the financial advisory team, you're working with. It's okay to have different motivations in goals. But you have the middle ground, and you have to talk to each other even unpleasant things have to come forward in the process. You know, it's really interesting. I think that that that definition is different ninety five percent of the time the financial security for the husband is different than what financial security is for the wife. And so what it reminds me of is let's say that a couple wants to build. A new house and they're going to build it from scratch. Well, obviously, you don't just go by and take a snapshot of a house from your phone or smartphone, or whatever and take that picture over to Home Depot and say, hey, this is the house I want give me the materials that I need to buy. No, you've got to start out with an architect. And right now, what couple would allow only one person to go speak to that architect and tell them what they want the house to look like because I'm going to guarantee you that there's things in the house that the husband wants that are totally different than things in the house that the wife wants, and there's some of the things that the wife wants the husband doesn't even care about and the husband wants to wipe doesn't care about. But they have to come together talk about there's going to be compromised because they're both going to live there when you're talking to a financial planner. There's things that each of you want that are different than the other. And if you don't both voice those things, and they're not listened to from the financial planning perspective. And you don't talk about those in reached the common ground. Then you're never going to be able to have that one ideal financial life that you really want that to me is what the heart of financial planning. Is all about it is understanding just like an architect needs understand what you want to build the financial planner needs to understand what is your financial life..
"five percent" Discussed on Talk Nerdy
"Of course, you like from seventy two seventy three zero nine and if seventy five cut forbid the uncomfortable better be forty five percent, humidity only. And it's not does out to be very good for you to be that strict. And so narrow right the wider your band is the more you're exercising, your Termine neutrality and me or metabolic ZIM work your systems, work better. So take the desk. Right. So how does this desk? Take you from what you want or what you're used to to. What is best or better for? Yeah. Right now, we're getting into mission human they go. She -ation, right and even communication and take this example for other things, right? I mean, it could be the lighting and lighting is very interesting because it depends on what tasks your undertaken at the moment. And what kind of natural lighting you have. Of course, your preferences. But I mean, light and could be very stressful. You can have fatigue. You can have other kind of issues. So maybe you're not working in several demo- optimal. Environment. It could be also for your posture. So that's the other interesting thing that I we have added recently because I sit a lot at my desk, quite frankly, and and I had this neck ache and shoulder egg. And and my colleague told me because of the arrangement that I have around the desk as well. As my chair hide on this kind anyway. So coming back to the desk. So what if this desks not as is that you're not in the best position or in the right best conditions? So how should it home indicate with you? Yeah. Should any area? Yeah. Exactly. Should it like ask? Your permission should just. Or it's going. Turning thermostat back. So I mean, we're working on that negotiation as well. Right. So it's not again one size fits all. It depends on the personalities and bans on the moment as well. And the conditions and the context and the situation. We're looking at matching off that communication or action with the personalities and and astray shin. Right. So it could be some people just like want to choose something on a touchscreen. And then it happens. Some people are okay with environmental conditions, like air quality, humidity temperature lighting, but they don't want to be touched too. When it comes to their chair and position. So it's what I try to do with my research is I really try to honor where people are, and what people want to do and try to match these things machines or in this case the desk is a machine for me. With people and try to convince them to get there. Right. I mean, this is also very difficult in the sense that one time change is not enough. We're talking about change over time. It's iterating all the time. Ten reflexive like you said too because the changes that it's making for our comfort were then teaching the machine and the machine itself is changing. So there's this reflexive, exile nature too complicated. So it's complicated. Because there is the mind of the machine and the mind of the person, and then there's the motor functions of the person and the multiple functions of the machine, so they are in a way working together in a very conventional environment office, right? Like the one that we're in. And then there's this constant negotiation. Because if something changes in the desk, your position changes or in the environment, your feelings change and the machine or the Daska the workstation has to adopt that. Yeah. So that's what I mean by interaction at the very beginning that we were talking about what is interaction. So I'm really interested in framing this interaction in the best way that that is possible. So that that is user acceptance and satisfaction because was important to me is not like, oh, you're liking it. Once I want you to be in that moment of working with the machine or the desk in this case. And it changes you and your change it really is an ongoing relationship. And it's so funny like you talked about negotiating this idea between what is comfortable, and what is healthful, for example. I want to be a slumped as possible because I'm comfortable. But then later a mad at myself. For the fact that my legs fell asleep..
"five percent" Discussed on Newsradio 700 WLW
"The ball on the defensive. They said Larry where we knew we had to improve. And we've got to make sure that we we stayed doing that. And then you go to the other end. Okay. We miss thirty three shots. But we get fourteen of them. So you know, so high percentage now. You're forty five percent of your business. So that is why say, you know, we thought we were the more physical team. I thought we bought that's energy. That's intensity. You know, those are efforts stats Chuck installers, go, what do you call you? Call them at the bottom of the statute the effort stats senior twenty five to five and second chance points. There's the game twenty five to five second chance points replace twenty. But we got a lot of contributions from a lot of people today. And so I just talked to the team about you know, other the Justin and Kane, obviously. You know, we have thirteen guys on scholarship. Eight of them are are freshmen or sophomores, and Sean is in his first year. So nine of our thirteen guys are in their first or second year in our program. So we should improve and shame on us. If we don't. So you gotta come this time of year. We don't practice near as long. But film study. Strength conditioning rest recovery film study and then skill level in trying to get into Jim. We won't beat on each other as much once January twentieth hits every year, but we've got to have individual improvement. Whether it's Nazeer.
"five percent" Discussed on Biz Talk Radio
"Click on the ask Ray button. And remember there's no age in Lucy. But most people call me, in fact. When I call my wife on my series. She has a British accent and calls her John. Jeannie. Called genie has no idea what I'm talking about. Okay. Got a lot of ground to cover. I never buddies upset about the market and volatility, and and all that stuff corrections and et cetera. Is you know, I don't get a wig on that. Because I live my whole life in anticipation of disappointment in the market and everything else. But as we've discussed so many times on his program, you plan for the worst hope for the best, but you always plan for the worst. So in the back of my mind, there's a correction coming every single day. And usually I'm wrong, and I'm happy about that. So we'll talk about that. But I want to talk about some other things that are quite insidious as we get more information from the New York fed, for example, US households have been taking on more debt for seventeen straight quarters. Leading to a total debt burden of thirteen point five one trillion at the end of the third quarter. So the question it has to come to mind is is this you are you actually taking on more debt? Our debt right now as twenty one percent higher than it was ten years ago in the third quarter of two thousand and eight during the financial crisis, the great recession as it were and one point six percent higher than the debt level in this year's second quarter, which when you're dealing in the trillion dollar ranges one point six percent per quarter is a lot of move LA. So how are you doing in managing your debt levels? The delinquency rates also increased in the third quarter from four and a half percent in the second quarter to four point seven percent the highest level in seven years. This is not good. Of the six hundred thirty eight billion in delinquent debt, sixty five percent or four hundred fifteen billion was at least ninety days overdue aka seriously delinquent and student loan debt lead in the deterioration. I've talked about how automobile loans and student loans are going to be the ruination. Of many many families and potentially even this economy and economic recovery. While outstanding student loan debt increased two point six percent to one point four four trillion with a t. Man. That's a lot of Moulin Rouge here folks in student debt eleven point five percent of student loans. For ninety days plus the link or in default. The flow of student debt into serious delinquency increased nine point one percent. But that rate could actually be twice as high because about half of those loans are in deferment or in forbearance, which means they're enjoying some kind of a grace period. These are frightening statistics. And so as we talk to people that are in retirement, we're finding that those borrowers sixty and above are also increasing in debt numbers of bankruptcy going up. The gray. Bankruptcy rate is stunningly high by comparison to other generations. Mortgage debt with I which I don't get nearly as concerned about because if you're borrowing money to invest in something that has the potential to appreciate like, a home, and you have to live somewhere. I'm fine with that. We are finding however the housing market is slowing quite a bit with these higher interest rates. But if you're holding onto debt, I want to remind you that most of the debt that you have if not all of it is non deductible debt. Even if you're carrying a four percent mortgage, if if you don't exceed the standard deduction for a husband and wife right now, that's twenty four thousand bucks is high as over twenty six thousand beyond the age of sixty five you're not getting a mortgage interest deduction. So if you're sitting on bonds in particular taxable bonds in your portfolio, which if you're lucky you're getting four percent. And you're paying tax in the twenty five percent bracket on that four percent. You're netting. Three percent. But you've got a five percent automobile loan. You have a mortgage of four percent. Why would you own a taxable bond for what purpose other than having liquidity? But having liquidity. Is more like cash not a bond because as you know, four percent yielding bonds probably has a duration of about six years, which means if interest rates up one percent, you'll lose six percent of your principal. And if that happens in the next year, which many are predicting rates to go up one percent over the course of the next year. Although I would dispute the logic in that that's a whole other discussion. I think the fed maybe moving a little too fast. But hey, I'm not on the Federal Reserve. So I guess my vote doesn't count. I'd slow it down a little bit pow. That's POW E L L P A L. Pay off your debt by liquidating the von's in your portfolio. Yes. Even the tax free municipal bonds. Because you're probably not earning. Three percent a net on those tax free Muniz..
"five percent" Discussed on 860AM The Answer
"Com, and you can click on. Okay. Listen to this. I would say if you if you look fairly back at the record and. Don't expect perfection that the fed did a very good job, particularly in the height of the crisis. The first quantitative easing program, and the other things that the government did not the fed were successful successful. Seventy eight percent of Americans are living paycheck to paycheck. Would you? Call that successful seventy eight percent paycheck to paycheck. What are you nuts? Successful. They're talking about quantitative easing. I'll show you what they did. Okay. The market crashes in two thousand eight they should've let the market continued to crack it shouldn't correct it they can let the correction happen. But no, they interfered and no longer is a free market capitalist system. They jumped in and put in a printed called QE, they printed immediately three point two trillion. The Federal Reserve purchase one trillion dollars worth of stock on November two thousand eight and the market went up eighty percent. It didn't go up because earnings it didn't go up because of profits it won't because Federal Reserve goes in and purchase stock themselves all fake October or November two thousand ten market starting to collapse. They go back in short backup back up six hundred and fifty billion they buy more shares. The stock market goes up. Thirty three percent starts to collapse. Again. 'nother QE this is the third one four hundred billion September two thousand eleven the market went up twenty eight percent. They did another one October two thousand twelve Marco up twenty five percent because they've bought a trillion dollars worth of stock. So what they bought is one trillion six hundred fifty billion and another one trillion, wait a minute. That's not good for the economy. That's all fake, then they started their stock buybacks to keep earnings up. So each company could buy their own shares reduced their shares shown they reported their earnings, which are real crap. But they could do is spread their earnings over fewer shares that they owned within cook. And push those pushed the earnings up, and then pushed the stock price up all thoughts, and then they had a false set of prophets, which was paper profits. This is called a bubble. And when the bubble comes to an end and all this debt, they have to pay back interest rates, you're no longer zero. And that's why we saw the third quarter. Are the fourth quarter earnings starting to take starting to tank, and then they're all surprised they're not surprised. I know exactly what was going on at the same time wasn't just us was all through the world. And so now, we have a two hundred forty seven trillion and global debt besides our own debt here. Twenty one trillion get is a killer. I can't believe he saying how great QE was. It's not great. It's killing. Now. Who was a great for? It was great for the one percent tile because the market went up three hundred. I think and fifty percent, but we're not the one percentile. It went up the market went up seventeen trillion dollars who grabbed the seventeen trillion. Eighty five percent are ninety five percent of that went to the one percentile. I'm sorry. Fifteen trillion dollars fifteen trillion and a one percent time they grabbed they grabbed a eighty five percent of that fifteen trillion eighty five percent of fifteen Troyer. What about our workforce? No seventy percent of the people are working paycheck to paycheck. So how could he say this? I would say if you if you look fairly back at the record, and and don't expect perfection that the fed did a very good job. Very good jobs. A great job anybody could do that a monkey could do that. If a monkey was a billionaire. He could do that. Wow. All fake. But here's the real problem as the one percent became even more rich. What happens? Our congress continues to let them do queuing. Why would our congress? Let them do QE are you notch QE used to be a fraud. It was a felony. But they let them continue to. To do it why. Because the more well the one percent created they owned congress, and they would tell congress. What rules? What regulations they could set? And that's because they were show power for the one percent so wealthy that they could go and buy the congress, and that's what they've done. So think about I mean, this is amazing. If you think about it how they knew our congress. This was terrible. Stock buybacks was a killer. Kudlow was killing the country. All but but when they start cuddle had nothing to do with two thousand eight but think about it this congress of ours could care less about America. We talked about that yesterday. They could care less. All they cared about was themselves, and they were bought in. Here's the problem. This think about our congress. I mean, I get sick think about they let them do the since two thousand eight stock buybacks is the biggest threat to our economy to our economic growth, but congress less than do this print print. Sixteen trillion dollars are congress. Let's them knowing there's nothing more that this stock buyback is nothing more than a tool to artificially inflate the bottom line earnings so Mitchell, eight stock by stock prices hires. So they CEO gets rich and the one percentile get rich. And but the workers don't get anything. But congress let's that happen. Are you? That's why it's called shock by Baxter. Call prosperity without profits prosperity without profits. But congress do all this stock buyback steals money think they knew the stock buyback steals money from from the company's capital investment account. How how important is that that's real important because a company should take that capital investment and invested back into the company to increase productivity to increase productivity, you increase wages, but they didn't do that. Congress knew they were that congress instead knew that the is putting in their own pocket and into the shareholders shareholders pocket and another thing. Nothing was flowing down to main street Berkeley the middle class. There was no increase in wages, and what little increases they got. Let's say three percent. A year was being eaten up just by healthcare alone. Obamacare was has gone up five percent a year. This amazing. But they bought they were bought so I can't fix any of that. I can't fix that. I can't fix that. I mean, I was wrong. The one percent how sliced up ninety five percent. Of the gains in the stock market from two thousand eight to two thousand eighteen that was manufactured by stock by backs. But here's what we can do. Here's what we can do. Let's go to the stock corner show you what my members are doing. Brought to you by the max vest one thousand stock charts. Okay. Here's what we can do. If you go in my gang, you become a member. Then what you're gonna if you if you don't have time. And if you're just a very very busy person. And even if you aren't busy if you just don't wanna go learn you don't want to come to the classroom nine thirty two from from nine thirty to eleven o'clock. You just don't wanna learn I understand that they want you. Join my gang thirty nine ninety five and just follow the working group, which of the same five stocks. We've been in long-term for two years making an average at least ten percent. And I can't guarantee that whatever we made in the past. I can't guarantee you're going forward. But that'd be so simple. And Dell we ask is to send some money to Saint Jude. We'll be right back to see how. Well, our members are doing..
"five percent" Discussed on 860AM The Answer
"Com, and you can click on. Okay. Listen to this. I would say if you if you look fairly back at the record and don't expect perfection at the fed did a very good job, particularly in the height of the crisis the first quantitative easing program, and the other things that the government did not the fed. We're successful successful. Seventy eight percent of Americans are living paycheck to paycheck. Would you? Call that successful seventy eight percent paycheck to paycheck. What are you nuts? Successful. They're talking about quantitative easing. I'll show you what they did. Okay. The market crashes in two thousand eight they should've let the market continued to crash shouldn't have corrected it. They should let the correction happen. But no, they interfered and no longer is a free market capitalist system. They jumped in and they put in a printed called QE, they printed immediately three point two trillion. The Federal Reserve purchased one trillion dollars worth of stock on November two thousand eight and the market went up eighty percent. It didn't go up because earnings it didn't go up because of profits it won't because Federal Reserve goes in and purchase stock themselves fake October or November two thousand ten market starting to collapse. They go back in short backup proper backup six hundred and fifty billion. They buy more shares. The stock market goes up thirty three percent start to collapse again. They do nother QE. This is the third one four hundred billion September two thousand eleven the market went up twenty eight percent. They did another one October two thousand twelve Marco went up twenty five percent because they've bought a trillion dollars worth of stock. So what they bought is one trillion six hundred and fifty another foreign billion and another one trillion, wait a minute. That's not good for the economy. That's all fake, then they started their stock buybacks to keep earnings up. So that each company could buy their own shares reduced their shares showing they reported their earnings, which are real crap. What they could do is their earnings over fewer shares that they owned within took and push those shared pushed the earnings up and pushed the stock price up off thoughts, and then they had a false set of profits, which was paper profits. This is called a bubble. And when the bubble comes to an end and all this debt, they have to pay back interest rates, you're no longer zero. And that's why we saw the third quarter of. The fourth quarter earnings starting to take starting to tank, and then they're all surprised they're not surprised. I know exactly what was going on at the same time wasn't just us was all through the world. And so now, we have a two hundred forty seven trillion and global debt besides our own debt here. Twenty one trillion get is a killer. I can't believe he saying how great this QE was. It's not great. It's killing her. Now who was a great for. It was great for the one percent tile because the market went up three hundred fifty percent. But we're not the one percent tile and went up the market went up seventeen trillion dollars who grabbed the seventeen trillion. Eighty five percent are ninety five percent of that went to the one percentile. I'm sorry. Fifteen trillion dollars fifteen trillion and a one percent time they grabbed they grabbed a eighty five percent of that fifteen trillion eighty five percent of fifteen trillion. What about our workforce? No, seventy eight percent of the people are working paycheck to paycheck. So how could he say this? I would say if you if you look fairly back at the record and don't expect perfection. Very good job. Very good jobs. A great guy anybody could do that a monkey could do that. If a monkey was a billionaire. He could do that. Wow. All fake. But here's the real problem as the one percent became even more rich. What happens? Our congress continues to let them do QE. Why would our congress? Let them do QE. Are you nuts QE used to be a fraud? It was a felony. But they let them continue to do it why. Because the more. Well, the one percent created they owned congress, and they would tell congress. What rules? What regulations they could set? And that's because they were show powerful. The one percent so wealthy that they could go and buy the congress, and that's what they've done. So think about this is amazing. If you think about it how they knew our congress that this was terrible stock buyback. Was a killer. Kudlow was killing the country. All but when they start cuddle had nothing to two thousand and eight but think about this congress of ours could care less about America. We talked about that yesterday. They could care less. All they cared about was themselves, and they were bought in. Here's the problem just think about our congress. I mean, I get sick think about they let them do the since two thousand eight stock buybacks is the biggest threat to our economy to our economic growth of congress less than do this print print. A sixteen trillion dollars are congress. Let's him knowing there's nothing more that this stock buyback is nothing more than a tool to artificially inflate the bottom line earnings so to Mitchell ape stock by stock prices hires. So they CEO gets rich and the one percent how get rich, and but the workers don't get anything. But congress let that happen. Are you get? That's why it's called shock by Baxter. Call prosperity without prophets prosperity without profits. But congress you all this stock buyback steals money think they knew the stock buyback steals money from from the company's capital investment account. How how important is that that's real important because a company should take that capital investment and invested back into the company to increase productivity to increase productivity, you increase wages, but they didn't do that. Congress knew they were good that congress instead knew that the is putting in their own pocket and into the shareholders shareholders pocket and another thing. Nothing was flowing down to main street, especially the middle class. There was no increase in wages, and what little increases they got. Let's say three percent. A year was being eaten up just by healthcare alone. Obamacare was going up five percent a year. This amazing. But they they bought they were bought so I can't fix any of that. I can't fix that. I can't fix that. I mean, I was wrong. The one percent how sliced up ninety five percent of the gauge in the stock market from two thousand eight to two thousand eighteen there was manufactured by stock buybacks. But here's what we can do. Here's what we can do. Let's go to the stock corner.