Podcast appearances and mentions of christopher whalen

0:00 - Farewell to Amy J 28:20 - Mello Buckzz, "Feel Me" 34:28 - Lake Bluff youth baseball 58:09 - Founder & Principal Broker for HealthInsuranceMentors.com, C. Steven Tucker, breaks down what the BBB means for medicaid and what it actually does, and doesn’t do - "none of this fear mongering is covered in the bill" 01:16:26 - Steven Bucci, visiting fellow in The Heritage Foundation’s Allison Center for Foreign Policy Studies, breaks down the global hot spots—Israel, Iran, and Ukraine/Putin 01:39:46 - Christopher Whalen, chairman of Whalen Global Advisors LLC & editor for The Institutional Risk Analyst, weighs in on the BBB - Trump has done what he promised to do - and for small business people this is a big deal. Check out Chris’ most recent book Inflated: Money, Debt and the American Dream – 2nd Edition 01:56:12 - James Parker Hall Distinguished Service Professor Emeritus of Law, Senior Lecturer at the University of Chicago, Richard Epstein, looks at The Constitution, Parental Rights, and Transgender Treatment for Minors 02:13:45 - Phil Ambrose, founder of HazSim—a training tool for first responders—and a current Battalion Chief in Southern California, discusses the response to the Texas floods and the role of early warning systems. For more on HazSim visit hazsim.comSee omnystudio.com/listener for privacy information.

Is the American Dream Dead Debt, Inflation & Crisis R. Christopher Whalen Interview by Ron Paul Liberty Report

Author and financial expert, Chris Whelan, joins Keith as they explore the intricacies of the housing market's potential future. Chris drops an intriguing prediction of a possible 20% price correction. They dive deep into the complex world of real estate, examining the pandemic's significant impact on mortgages and economic trends. The conversation reveals the behind-the-scenes challenges of the housing market, from government interventions to the nuanced effects of interest rates and forbearance programs. They unpack the struggles in commercial real estate, particularly highlighting the unique challenges in markets like New York's rent-controlled properties. Chris's new book "Inflated: Money, Debt, and the American Dream" promises an insightful journey through America's economic transformation, tracing how the nation evolved from an agrarian society to a global economic powerhouse. Show Notes: GetRichEducation.com/556 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold, what's the state of the housing market for the next five years, and could what's happening in the foreclosure market affect it? I see relative housing market price stability. My guest sees cracks. This could be somewhat of a debate today, then two great new cash flow and real estate markets in the same state that we're helping your portfolio with on get rich education, mid south home buyers, I mean, they're total pros, with over two decades as the nation's highest rated turnkey provider. Their empathetic property managers use your ROI as their North Star. So it's no wonder that smart investors just keep lining up to get their completely renovated income properties like it's the newest iPhone. They're headquartered in Memphis and have globally attractive cash flows and A plus rating with the Better Business Bureau and now over 5000 houses renovated. There's zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate, while their average renter stays more than three and a half years. Every home they offer has brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter, remember that part and in an astounding price range, 100 to 180k I've personally toured their office and their properties in person in Memphis, get to know Mid South. Enjoy cash flow from day one. Start yourself right now at mid southhomebuyers.com that's mid south homebuyers.com.   Corey Coates  1:56   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  2:12   Welcome to GRE from Edison, New Jersey to Edinburgh, Scotland, where I am today, and across 188 nations worldwide, I'm Keith Weinhold, and you are back for another wealth building week on get rich education. Today's guest came to me recommended. It came from a guest that we've had on the show here before, Jim Rickards and his daughter Ally Rickards. His name is Christopher Whelan. He has a distinguished background. Comes from a prominent family, and he's the author of a new book that just published a few weeks ago. His father, Richard Whelan, was the biographer of Joe Kennedy, and was advisor to presidents and Fed chairman and today's guest, his son there, Chris. He has done a lot of work in DC. He lives just north of New York City today. So I guess coming recommended from Jim Rickards and learning a few things about today's guest helped me want to host him on the show. So though I'm just meeting him for the first time right here on the show, as it turns out, I learned that he has mentioned on other channels that real estate prices could correct down 20% and fall back to 2020 levels. I absolutely don't see how that's possible in any way. I'm going to bring that up with him, so we'll see. This could turn into somewhat of a debate. Like I said last week, I believe that significantly falling housing prices. That's about as likely as grocery store prices falling back to 2020 levels. Yes, I am in Edinburgh, Scotland today. It's my first time here. My mom, dad and also my brother's entire family came over from the US to meet up. It's been great. We're taking in all the best sites, Edinburgh Castle, other castles, the Scottish Highlands, Loch Ness, though I don't believe in any Loch Ness monster at all. I mean, come on, what a hoax. And we're seeing some other sites, though it didn't really interest the others, which I could understand. I visited the home where Adam Smith once resided, and I might put my video about that on our get rich education YouTube channel, so you could check that out over there. Of course, Adam Smith is considered the father of modern day economics for his work on supply versus demand and the GDP concept, the invisible hand, concept, much of that work conveyed in his magnum opus, The Wealth of Nations, published in 1776 as for the present day, let's meet this week's guest, including me, meeting him for the first time.     I'd like to welcome in a first time guest. He's the author of a widely acclaimed new book. It's named inflated money, debt and the American dream. It just released, and the book couldn't be more timely with the multitude of challenges related to inflation, many involving the housing market in his earlier books, he's been known, frankly, for just telling his readers the truth. He's worked at the Federal Reserve Bank of New York in politics and as an investment banker for more than 30 years. Today, he runs Whalen Global Advisors. You've seen him on CNBC in the Wall Street Journal, and now you're hearing him on GRE Welcome to the show. Chris Whalen.   Chris Whalen  5:43   Thank you, Keith, appreciate your invitation.    Keith Weinhold  5:45   Whalen is spelled W, H, A, l, e, n, if you're listening in the audio only, Hey, Chris, we're in a really interesting time in the economic cycle. We all know the Fed has a dual mandate, high employment and stable prices. What's interesting to me is, late last year, they cut rates by a full 1% and this is despite inflation being above target. Makes me wonder if they care more about high employment and they're rather willing to let inflation float higher. What are your thoughts?    Chris Whalen  6:18   I think historically, that's been the case. You know, the dual mandate Humphrey Hawkins, that drives the Fed's actions today was a largely socialist compromise between the Republicans and the Democrats. The Democrats wanted to guarantee everybody a job after World War Two, the legislation was really about soldiers and people who had served their country in many, you know, places around the world, for a long time, and then you would have the depression. So you had a whole generation or more of people that were looking for help when they came home. And that's what this was. But today, you know, there's another mandate, which is called keeping the treasury bond market open. We saw it was during COVID in 2020 President Trump got up, declared that people didn't have to pay their rent or their mortgages, and then didn't do anything. There was no follow up. At the time, folks in mortgage industry kind of looked at each other funny for about 60 days and said, What's going to happen? Because they have to advance principal, interest, taxes and insurance to protect the house. The first rule in mortgage finances protect the asset. But it all worked because the Fed dropped interest rates to zero and we had a boom. We refinanced two thirds of every mortgage in the United States, and that cash flow allowed the finance forbearance for millions of Americans. Now the unfortunate part, of course, was home prices went up double digits for six years. So why we had no affordability today? So, you know, it helped, but it certainly didn't help in some ways,   Keith Weinhold  7:48   mortgage loan forbearance back in the COVID era about five years ago, where you could basically just skip your mortgage payment and then they increase the overall duration of your loan period.   Chris Whalen  8:00   That's right. So you know, your government market, your conforming market, were falling. They also had various schemes, state forbearance for non agency loans. Nobody thought at all about the multifamily sector and the developers that didn't get paid for two years. And we're feeling the impact of that. Of course, today, that's probably the biggest pain point in US economy today is commercial real estate and multi family real estate, and neither one of them involves a consumer. So it gets no attention at all. You read about it in the specialty press, but that's about it.    Keith Weinhold  8:34   And by talking about multi family not affecting the consumer, you're just talking about who's on the owner side there?   Chris Whalen  8:40   precisely if all of the consumers have problems, you'd hear about it, and you do, especially in some of the blue states. I live in New York, so we have some of the more aggressive rent stabilization, rent control laws in the country. And they go back to World War Two. They go back almost a century,   Keith Weinhold  8:58   right? It's those people in the one to four unit space in residential real estate investing that really got the help there.    Chris Whalen  9:06   Well, at least, you know, the world didn't end. Imagine if all of those people had gone to foreclosure. The industry wouldn't have done that. Of course, they would have thrown up their hands and cried for help. But the point is, they made it work. But the cost of making it work that zero interest rate regime that the Fed put in place is still being felt today. If you look at banks which typically have prime large mortgages on their books, the loss given default is zero. Home prices are so high that if somebody actually goes to foreclosure, they sell the house, they pay off the loan easily, and there's usually a large residual left, which would go to the homeowner. So today, you know, if somebody gets in trouble, we do a short sale, we do a deed in lieu, and off they go. And that's why the stats don't show you the pain that many American families are feeling today, because about 60% of all payoffs of one to four family mortgages are people who. Are exiting the market, they're not going to buy another house. So what that means is that the cost of home ownership, or whatever other factors are involved, has made them make the decision not to go to another home mortgage.    Keith Weinhold  10:13   Yes, we have this historically low affordability that's beginning to be reflected in the home ownership rate. It's trended down from about 66 to 65% recently, we continue to be in this environment here, Chris in the one to four unit space, where those existing homeowners are in really good shape. They have record high equity levels of over 300k A lot of them have their home paid off. About 40% of American homeowners own their home free and clear, and of the remainder, those borrowers, 82% still have a mortgage rate of under 5% and of course, that principal and interest payment stays fixed. So even if there's economic hardship, it's pretty easy for people to make their payments and stay in their homes.   Chris Whalen  11:02   Well, it certainly is for most of the marketplace. If you look at the bottom 20% the FHA market, also the VA market, there's a little more stress there. There's still an awful lot of people who are in various types of forbearance in that market. That's going to end in October. So the Trump administration is pushing most of the rules back to pre COVID approaches for delinquency, for example, what we call the waterfall. And what that basically means is that if an FHA borrower gets in trouble, they'll have one shot at a modification where they lower the loan cost and stick part of the loan out the back to be paid off when the house is sold. If that doesn't take, if they don't re perform, then they're going to go to a foreclosure. We just ended another program for veterans. You know, they had three weeks notice, so now you're going to see a lot of veterans going to foreclosure. Unfortunately.   Keith Weinhold  11:56   yes, this administration is basically making sure that people are responsible or resume their payments. We've seen that student loan repayments needing to resume as well. Most foreclosure rate types are still pretty low, but yes, FHA foreclosure rates are higher than those for conventional loans.    Chris Whalen  12:15   Yeah, the interesting thing is, the veterans delinquency rate is half of the FHA rate, and even though people in uniform don't make a lot of money, they pay their bills. Yeah, it's quite striking.   Keith Weinhold  12:25   Why don't you talk to us more about areas where you see distress in the housing market before we talk about more inflation? Chris, the   Chris Whalen  12:34   key areas of housing stress at the moment are commercial real estate that has become underutilized. COVID drove a lot of this, but also the fact that industries could change their work practices. It could have people work from home. Look at housing. We sent everybody home in 2020 while we increased headcount by a third to address a surge in lending volume. It was insane. I gotta tell you, we were hiring people that we didn't see for months that changed the business model assumptions for a lot of industries. A lot of them moved out of blue states and went down to Florida and Texas. In the mortgage industry particularly, and so we have a lot of older real estate particularly, that is suffering. It has dropped in terms of appraised values. You also have higher interest rates and higher cap rates, that is to say the assumption of returns on the part of investors. So that hurdle has made a lot of these properties impaired, essentially. And then the other subclass is older multifamily properties. Think about those beautiful old apartments in the middle block up on the east side or the west side of Manhattan. They're not big enough to be viable, and so they have become this kind of subprime asset class, much in the way if you recall the signature bank failure, they typically bank these sorts of real estate properties, and now there's nobody that wants them. I think you're going to see some very specific pain coming out of HUD, and also Fannie Mae and Freddie Mac because they bank some of these smaller properties that really aren't bankable by commercial banks. That's what it comes down to. If you're going to read about this and hear about it a lot in the commercial market over next several years. And again, you know, the losses on bank owned multifamily properties today are averaging 100% so that means that there are a lot that have more expenses than simply losing the full loan amount. And you know, if you want to have a bank loan, they're not taking these properties. They don't want them, right? So the bank, REO rate, if you look at the data from the FDIC, is zero. And what that tells you is that they can't sell the properties they don't want them, because if they take ownership, the city's not going to let them abandon the property. They'll have to keep it and maintain it. It's a tough situation. This is. Has evolved over the last 20 years or so, because consumer incomes have been kind of stagnant in real terms. But the cost of operating a property in New York City is not going down. It's going up quite a lot, and the legislation we've seen from Albany doesn't allow owners to recapture expenses, doesn't allow them to renovate apartments. So if I have a rent stabilized apartment, I'll use a real example, in a beautiful building on Central Park South right, to renovate a unit that's been occupied for 20 years, new kitchen, new bathroom, sir, everything services. That's $150,000 so if I'm the owner and I can't recapture that cost. What do I do? I lock the door, I gut the apartment, and I lock the door, and I hope that the laws will change in the future, because I can't rent it, my insurance underwriter will not allow me to rent out an apartment that's not brought up to code. That's New York law, but the folks in Albany don't care about that. We have some really unreasonable people in positions of authority, unfortunately, in some of these states, and you talk to them about these issues, and they don't care. They just pander to consumers, regardless of whether or not it makes sense or not. And that's just the way it is.   Keith Weinhold  16:15   Those evil landlords, quote, unquote, most right evil. They're just mom and pop investors that are trying to beat inflation with real assets, and they have real expenses. Rent Stabilization basically just being a genteel term for rent control, which gives no one an incentive to improve a property for sure   Chris Whalen  16:35   and it reduces the availability of housing ultimately, because nobody builds. You see that in New York right now the home market is pretty tight, up to the conforming limit for Fannie Mae and Freddie Mac so you figure a million, 1,000,002 here in New York. But above that, it's quieted down quite a lot. There's compression in some of the higher end homes. And you know, if you go down south, you see a different problem, which is over building. They didn't want to build here, so they went down to the Carolinas and Texas and Florida. There's a huge amount of both multi family condo type developments and single family homes too. But above that average price level way above half a million dollars.   Keith Weinhold  17:15   Sure, it's made this dynamic where things have been flip flopped in the Northeast and Midwest, where the populations aren't growing very fast, those markets have been appreciating more than those in the high growth southeast, all coming back to supply. They're not bringing on enough new supply in the Northeast and Midwest, Chris has just laid out a few reasons for that, due to this high regulation. And then in the southeast, a high growth area, even though that's where people are moving, we're not getting much appreciation there, because you're able to build and that supply is able to keep up with demand. Well, Chris and I are going to talk more about the housing market and about inflation. When we come back, you're listening to get rich education. Our guest is Chris Whelan, the author of a great new book. I'm your host. Keith Weinhold.   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your pre qual and even chat with President Caeli Ridge personally. While it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com.    You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family to 66866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866.   Kathy Fettke  19:45   this is the real wealth network's Kathy Fettke, and you are listening to the always valuable get rich education with Keith Weinhold.    Keith Weinhold  20:00   You welcome back to get rich education. We're talking with the author of a great new book, Chris Whelan, it's called inflated money, debt and the American dream. Chris, I see the residential housing market and their price points as being resilient. I'm kind of looking around and seeing if you have any places where you think that there are any cracks in that? I've heard you talk elsewhere about a housing price correction. Were you talking in the one to four unit space? And how do you think that could happen?   Chris Whalen  20:31   I didn't come up with that idea. I did a biography of my good friend Stan middleman, who's the founder of freedom mortgage. It's a real rags to riches story of a successful entrepreneur, a great guy, by the way, is a beloved man in the mortgage industry. And so what he believes is that cycles are about a decade in terms of human behavior. And he says misery on the eights, which is kind of a cute way of saying it. And what Stan is basically saying is you eventually see so much price appreciation that affordability goes to zero. You run out of buyers, is another way to put it. And then once the Fed gooses it, he thinks we see an interest rate decline this year next year, perhaps you get rates to run a little bit. You get volumes to jump the way they did last summer. You remember, in the third quarter, we had great volumes in the mortgage industry, carried everybody through to the end of the year, and then after that, he says, we get a price correction, maybe back down to 2020 21 levels. So we're talking about a 20% price correction, and we're talking about the loans that have been made in the last few years being underwater. That's something we haven't talked about in a long time. We haven't talked about that since 2008 so I think that Americans inevitably have to see some kind of a correction. What the Fed did was wrong, what they did was excessive. I write about that in the end of my book, but unfortunately, the result is home prices that have galloped along, and eventually you got to reset it. Part of its supply coming online. Part of it is simply, like, I say, you run out of buyers, and when it's simply that purchase buyer who is either all cash or happens to have the deposit, and that's all you have. And there's no flexibility for people that want to get into the market. You know, that's tough. I could recall Paul Volcker years ago, we were talking about that in the book too. He ratcheted down home prices. He raised interest rates so much that home prices went down, and a lot of builders went out of business who had had a lot of snls go out of business, and, you know, the previous decade. So that was a tough time. We didn't even start to do that this time around, because they were afraid to the Fed is worried about keeping the Treasury market open, so they are afraid of deflation, which unfortunately means you don't get those opportunities to get into the market. I remember my parents, when I was very young, they would buy busted homes in Washington, DC. It was a great way to make a lot of money, and in five years, the House would double. That's the kind of market Washington was   Keith Weinhold  23:05   in my opinion, I don't see how there could be any substantial residential home price correction. Historically that happens when there's a wide swath of homeowners that get into financial trouble, like I was talking about earlier, the homeowner is in great financial shape today. In fact, since World War Two, we've only seen home prices drop substantially during one period. That was that period around 2008 and that's when we had conditions that are opposite of what they are today. We had loans underwritten with liar loans. We had an over supply of homes, like I was saying earlier, inflation can't touch one's principal and interest payment. We're still under supplied with homes. Most experts don't think we'll get that into balance for at least five years. I really don't see how home prices could fall substantially. I also don't see how they could rise substantially, like, say, 10% due to that low affordability, but I expect continued stability in prices?    Chris Whalen  24:02   Well, we'll see. I'm not as sanguine about that, because a lot of people feel house rich on paper, but when the bottom of the stack is really hurting as it is now, FHA delinquency rates really are in probably the mid teens. You don't see that yet in the middle with the 727, 40 FICO type borrowers. But I think over time you could, and if, again, it depends on the economy and some other factors, but I'll tell you right now, you're already seeing a correction in the hyad the bottom half, no. And there's a supply problem here, which I agree with you on. It's going to keep those home price is pretty firm. And even where I am in New York, for God's sake, Keith, there's no construction here. So we just had a house across the street from me go from million one. I live in Sleepy, hollow New York, and you know, this is typically around the conforming limit for prices for most of these homes, and it went for 150 $1,000 over the ask, it was crazy. Went in two weeks now, during COVID, we saw this sort of behavior, and we thought, Well, okay, you had zero interest rates. I got a 3% mortgage, by the way, awesome. But here we have a situation when markets cooled down a lot, and yet the lack of availability is really the driver. So in that sense, I agree with you, but I do think the high end could correct rather substantially.   Keith Weinhold  25:24    And of course, in multi family apartments, that's different. That's where values in a lot of markets have been depressed by more than 30% they were subject to those interest rates being jacked up, and we're still going to see balloon loans mature and people default on those in apartments. The pain is not over with air, but at some point that's going to bottom out, and that'll be a buyer opportunity in apartments.   Chris Whalen  25:47    Well, the thing is, new stuff is going fine. It's what happens is when the new gets built, the older assets down the road get discounted. That's really what's going on. People love new as you know, these kids love a new house, as opposed to an older house.   Keith Weinhold  26:02   Yes, that'll help reset the prices in the new market when you can compare those to what existing values are. Well, Chris, talk to us more about your new book and what the overall thesis of the book is in these critical times.    Chris Whalen  26:16   Inflated is meant to help people understand how our country went from agrarian, sleepy, isolationist America in the 1900s to being the dominant economy in the world and the provider of global money. We talk about how we got here. We talk about Abraham Lincoln and Franklin Roosevelt and many other characters. Obviously, we had to talk about Andrew Jackson, who is now embodied in our president, Donald Trump. We try and frame how this is all going to evolve in the future. And my thesis is basically the global currency role is something you get during or after a war. We took the baton from Great Britain after the First World War, and then by the end of World War Two, everybody in the world was broke, except for us. It was last man standing. And so rebuilt the world. We let everybody take advantage of us, and now President, who's saying, Nope, we got to change this. I think if it wasn't Trump, it would be somebody else. To be honest with you, Americans are tired of high inflation. They're tired of some of the other costs that come along with being the global reserve currency, so we try and frame all of this in an understandable way. And I particularly talk about housing during COVID and how that all really, I think, changed things for many Americans. Home ownership has been one of the basic ways we create wealth in this country, and the fact that we didn't have an opportunity for people to get in cheap with a fixer upper or a house that was foreclosed. You know, I think it's unfortunate, but the system just can't tolerate it. We've gone in 2008 and then in 2020 through two very significant crises when the government bond market stopped working. So we talk about that as well.   Keith Weinhold  28:03   I don't predict interest rates. I think it is really difficult to do you mentioned earlier about the prospect for lower interest rates coming. Everyone wants to know about coming. What's your outlook for the future of interest rates and inflation for just say the next five years? Chris,    Chris Whalen  28:19   I think interest rates will drop. That is to say what the Fed controls, which is short term interest rates. In the next year or so, we'll have a little bit of a boom as a result. But I think the concern about the federal deficit and US debt, the volatility caused by President Trump's trade strategy, and just general I think a sense of uncertainty among investors is going to keep long term interest rates higher than we saw during COVID And really the whole period since 2008 the Fed bought a lot of duration and took it out of the market, so they kept rates low. They're not going to do that as much in the future. I don't think they'll buy mortgage securities again, they are very chastened by that experience. So if they don't buy mortgage backed securities, and if the banks don't become more aggressive buyers, and I don't think they will, then you know, the marginal demand that would drive mortgage rates down is just not going to be there. Banks have been holding fewer and fewer mortgages and mortgage backed securities on their books for 35 years. If you look at the growth in the industry, the dollar amount of one to four family mortgages hasn't changed very much. So when you look at it that way, it's like, you know what's wrong? Two things. They want to only make mortgages to affluent households. They want to avoid headline risk and litigation and fines and all of that. And I think also, too some of the Basel capital rules for banks discourage them from holding mortgages and mortgage servicing rights, which is an area I work in quite a lot.   Keith Weinhold  29:55   It seems to me, like increasingly, the powers. It be the United States government just won't let the homeowner fail. They want to do so much to promote home ownership over the long term, we see relative ease with getting a mortgage. We've seen lower down payment requirements during other times, including COVID. We see the government jump in with things like mortgage loan forbearance and an eviction moratorium for renters. They just don't want to let people lose their homes. It just seems like there's more propensity to give homeowners a greater safety net than ever. Well,   Chris Whalen  30:29   we've turned it into an entitlement. Yeah, and Trump is changing that at the federal level. The states, the blue states, are going to continue to play that game at the state level, and they can even have state moratoria. But what's going to happen, and I think sooner rather than later, is you may see the federal agencies start to tier the states in terms of servicing fees, simply to reflect the cost. It takes over 1400 days to do a foreclosure in New York. Gosh, that is a big problem. You can lose the lien in New York now, it takes so long. So I think that, you know, from an investor perspective, from a developer perspective, it's not an attractive venue. That's just the reality. Then you even California is as progressive and as activists as it is, you can still get a foreclosure done very quickly using the trustees. It's just a totally different situation. If there are complications, you can get into a judicial foreclosure, which will take longer. But still, California works. New York is deliberately dysfunctional. We have people in the state legislature who are in foreclosure themselves, and they keep passing these laws. So, you know, I think at the federal level, you're going to see it roll back to pre COVID, but I will say that forbearance, both with respect to the agency and conventional market and private loans, is kind of the rule. Now we work with the borrower much more than we would in the past. It's it is really night and day.   Keith Weinhold  32:00   Chris, your new book has gotten a lot of acclaim. Let us know anything else that we should know about this book, and then if we can get it in all the usual places   Chris Whalen  32:10   you can buy it at Barnes and Noble Amazon. I have a page on my website, RC, waylon.com, with all the relevant links. But the online is the best way to get it. Most of the sales are on Kindle anyway, but well over 90% are online, so we don't have to worry about physical books. I think we'll be doing some book signings in the New York area. So we'll definitely let you know about that.   Keith Weinhold  32:33   One last thought is that the rate of inflation means more to a real estate investor than it does to a layperson, maybe five times as much or more, because when we borrow for an income property, our asset floats up with inflation. That part's really just a hedge on inflation. Our debt gets debased by inflation, which is really a mechanism for profiting from inflation over time. And then, thirdly, our cash flow tends to go up even faster than the rate of inflation, since our principal and interest stays fixed, so real estate investors can often be the beneficiary of inflation. It's sort of strange to go root for a force like inflation that can impoverish so many people. But what are your thoughts with respect to real estate investors and inflation?   Chris Whalen  33:19   Well, you know, it's funny when Jerome Powell at the Fed says that they have a 2% inflation target, my response is, well, we better have at least 2% inflation if we're going to make commercial real estate work. Commercial real estate went up for 75 years after World War Two. I can remember when I was in the rating business at Crowell bond ratings going to see some of the banks here in New York, their multifamily books had only seen the equity underneath the asset go up and up and up. In other words, the land ended up being 90% of the value, you know, 1520, years after the purchase and the improvements were almost worthless simply because the land appreciated so much. Now that has changed since COVID. A lot of commercial real estate, particularly has gotten under a bit of a cloud. You've seen falling prices. However, in parts of the country that are growing where you have a positive political environment, positive economic environment, you're still seeing fantastic growth in both commercial and multifamily markets. So I think being very careful and patient in doing your homework in terms of picking venues is more important now than ever before. You know, I'll give you an example. Down in Florida, we're building new malls every day. The mall down the road that's 15 years old. There's nothing wrong with it, but it's 15 years old. And so the price discounts that you're seeing for existing assets are rather striking. Same thing down in the Carolinas, down in, you know, Atlanta, and going down to the Texas growth spectacle, I'm always astounded by what's going on in Texas. They built so much in that whole area around South Lake, out by the airport. It, they're going to basically subsume used it. So, you know, in those markets, you have great opportunities, but you also have over building. And so we're going to see some cycles where they're going to be deals out there for projects that maybe were a little too ambitious have to get restructured, and astute investors can come in and do very well on that   Keith Weinhold  35:20   like we often say around here, in real estate investing, the market is typically even more important than the property itself. The name of Chris's new book, again, is inflated money, debt and the American dream. It has an awful lot of intersections with real estate investors and how they can play inflation. Uh, Chris has been a terrific conversation about the real estate market and larger market forces. It's been great having you here on the show.   Chris Whalen  35:47   Thank you, Keith. Let's do it again.   Keith Weinhold  35:49   Yeah, some good insights from Chris, a smart guy. And gosh, what a really sad state for rent stabilized apartments in New York City, where landlords of some of those properties, they would have to spend sometimes hundreds of 1000s of dollars in order to bring them up to code, but then they couldn't charge enough rent to offset those expenses due to government intervention and price fixing, so landlords just lock up the property vacant. And this sort of harkens back to when we were talking about some of this last year, when we had documentary film maker jen siderova on the show with her film called shopification, and it was about how rent control slowly makes neighborhoods fall into disrepair. All right, Chris and I had some difference of opinion there on the prospects for a home price correction. I think I made most of my points. He did, though, talk about running out of home buyers. If I have him back, maybe I'll pick up right there. More buyers are baked into the demographics, like I think I shared with you one time the US had its highest ever birth rate years between 1990 and 2010 more than 4 million births per year for a lot of those years. Just to review this with you, you might remember that 2007 was the US is peak birth year. Add 38 years to that for the average first time homebuyer age, and that housing demand won't even peak until 2045 and it will continue to stay high for a few years after that. So that's where the demand is just going to keep coming from, just piling on. And when I say that loan conditions have eased for American homeowners, like I did there during the interview, of course, what I'm talking about is the long term. I mean, lending conditions got more rigid after 2008 and with the adoption of Dodd Frank. What I'm talking about is, before the Great Depression, it was most common to have to make 50% to 60% down payments on property, and you had to repay the entire note in five to 10 years. I mean, can you imagine how that would hurt affordability today and then later, by 1950, 15, year loans were the common one. I mean, even that would impair affordability today. Today, 30 year loans are the common one, and you can put as little as 3% down on a primary residence. A lot of people don't know that either. It does not take 20% on a primary residence. So that's what I mean about the relative ease of credit flow today. Now, Chris has knowledge about other parts of the real estate market that I don't for his work inside DC and in other places like the foreclosure market. We talked about some of that right after the interview. For example, He was letting acronyms like NPL roll off his tongue, and I had to ask him what that meant. That's a non performing loan. Check out Chris's new book. Again, it's called inflated money debt in the American dream. And again, his website is RCwhalen.com and Chris also has a great sense of history, which we didn't get into, longtime real estate guys radio show co host Russell gray and I will discuss monetary history here on the show soon. Like I said, I'm coming to you from Edinburgh, Scotland this week, even if you don't see great sites, you know, it's interesting just walking the historic streets here, if you're an American that's visited here before, you surely know what I mean. And I told you that I'd let you know, the current real estate transaction I'm involved in is paying $650 a night for the hotel here in Edinburgh. Yes, that's a lot. I've actually paid less for fancier places in Dubai, but this hotel here is on the Royal Mile. Of course, I could have found less expensive accommodations elsewhere.    Speaking of less expensive, here's an announcement. And we have new investment property providers at GRE marketplace, two of them, the markets are both in Oklahoma, and they are Oklahoma City and Tulsa, Oklahoma as a state, is known for landlord friendly eviction processes and legal systems, kind of the opposite of New York. So this makes your property management more predictable. Now, when we look at this city, OKC has the lowest priced new single family rentals. I can think of it under 160k Yes, that really puts the exclamation point on inexpensive and favorable rent to price ratios often exceeding 1% which is obviously attractive for cash flow, meaning a 150k single family rental could yield over $1,500 in rent. There's high rental demand in certain sub markets. We have scouted out those exact places for you in the OKC metro, like Edmond Moore spelled M, O, O, R, E, and Midwest City, all supporting consistent rent income, though it was once really oil dependent, OKC has diversified economically, reducing your risk tied to commodity cycles and ok sees local economy that's supported by industries including aerospace, energy, health care and logistics. Then there's Tulsa. Tulsa has the highest cash flowing new build duplexes, perhaps anywhere in the US that I know about. On the single family rental side, a lot of Tulsa investors can find properties under 150k with monthly rents again exceeding 1% of the purchase price, clearly ideal. So yes, both Oklahoma City and Tulsa are now on GRE marketplace. You can either visit the pages and see them there, or one of our qualified, experienced GRE investment coaches. Meet with them. They can help guide you to the very best deals and show you the specific property addresses available right at this time for whatever best meets your needs. If you're looking to either start or expand to another market and you seek cash flow, you really need to consider Oklahoma. Yes, it is free to have a strategy session with an investment coach, whether that's for Oklahoma or other investor advantage regions. I often like to leave you with something actionable. You can start at GREinvestment coach.com start book a meeting for a free strategy session remotely. That's at GREinvestment coach.com, until next week, I'm your host. Keith Weinhold, don't quit your Daydream.   Dolf Deroos  42:51   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Advice, opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC exclusively.   Keith Weinhold  43:14   You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access and it's got pay walls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you'll also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text gre to 66866. While it's on your mind, take a moment to do it right now. Text, gre to 66866.   The preceding program was brought to you by your home for wealth, building, getricheducation.com.

Transportation Sec. Sean Duffy on Newark, air travel...stress on an aging system 13:26- Melee with ICE, local Dem pols in Newark 32:19- BLM Brandon reflects Dan has plans for Columbus statue 52:12- President of the National Association of Scholars, Peter Wood, shares The unforgiving history of student loans Check out Peter’s most recent books Wrath: America Enraged and 1620: A Critical Response to the 1619 Project 1:08:47- Steven Bucci, visiting fellow in The Heritage Foundation’s Allison Center for Foreign Policy Studies, covers the busy weekend of geo-political news from peace talks to gifted airplanes 1:31:19- Christopher Whalen, chairman of Whalen Global Advisors LLC & editor for The Institutional Risk Analyst: the chances of getting a tax deal done are falling rapidly Check out Chris’ just released Inflated: Money, Debt and the American Dream – 2nd Edition 1:47:43- Why DP is single 2:04:57- Transportation Sec. Sean Duffy...retained all safety personnel See omnystudio.com/listener for privacy information.

Christopher Whalen shares his in-depth insights on the trade war that is rapidly accelerating between the US and China, and gives his take on which side will be forced to the negotiating table - whether they like it or not. Christopher also provides his take on the gold and silver markets, the health of the US banking sector, the dangers of passive investing, and much more.Subscribe to the TRENDS Journal: https://trendsjournal.com/subscribe (Use coupon code COMMODITY for 10% off)Buy 'Inflated: Money, Debt, and the American Dream': https://a.co/d/6VbROz2The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.comFollow Jesse Day on X: https://x.com/jessebdayCommodity Culture on Youtube: https://youtube.com/c/CommodityCulture

“It ends with the banks looking like they did at the end of World War II... half of their book was government bonds,” says R. Christopher Whalen, investment banker and author. In a conversation with Daniela Cambone, he breaks down the systemic risks emerging in the treasury market. “Today the treasury market is basically a carry trade with a lot of hedge funds using 100 to 1 leverage. That's the market for treasury debt,” he explains, pointing to the fragility of the current system. Whalen also argues that the Bretton Woods framework has eroded and that the dollar's dominance is waning. “This dollar Imperium has run its course.” He believes central banks — including the U.S. Federal Reserve — should diversify their reserves to include gold alongside major currencies like the dollar, euro, and yen. He views gold as a strategic reserve asset with untapped financial utility. “I hope... the BIS is going to recognize gold as a high-quality liquid asset... it would become eligible to be collateral in swaps,” he says. Key Topics: - President Trump and Powell were going to cross swords.- The Fed struggles to manage the economy and rates.- Multifamily real estate is the subprime today.- The Fed should be holding gold.- The dollar is attractive because of our marketplace.- National debt has tripled in 15 years.

0:00 - Trump on "tariff exemptions" for semiconductors, electronics 10:29 - Commerce Sec Howard Lutnick on This Week: farmers, lower prices 34:29 - CNN's Harry Enten on polling question: which party cares more about people like you? 53:44 - Woozy Dreams of the New Marxist 01:15:07 - Steven Bucci, visiting fellow in The Heritage Foundation’s Allison Center for Foreign Policy Studies, says unlike with the last administration "lighting up" Iran is not off the table 01:33:58 - Christopher Whalen, chairman of Whalen Global Advisors LLC and editor for The Institutional Risk Analyst, says after last week's "kerfuffle" in the markets it's time to go shopping. Check out Chris’ book out this May Inflated: Money, Debt and the American Dream – 2nd Edition 01:53:48 - Danielle Carter-Walters & Zoe Leigh, co-founders of Chicago Flips Red, on their fight against the socialist agenda of Chicago city leaders "this is an economic issue that has been going on for over 40 years" For more on Chicago Flips Red chicagoflipsred.com 02:12:17 - Professor of Politics at Assumption College, Daniel J. Mahoney, breaks down the totalitarian tragedy of the twentieth century in his new book The Persistence of the Ideological Lie: The Totalitarian Impulse Then and NowSee omnystudio.com/listener for privacy information.

0:00 - Rep. Brandon Gill brings up all of NPR CEO Katherine Maher’s old tweets claiming that “America is addicted to white supremacy” and supporting looting, reparations, and BLM. 30:58 - Hegseth: updates on attack plans not war plans 54:27 - Trump: Walz took responsibility 01:12:38 - Christopher Whalen is an investment banker and chairman of Whalen Global Advisors LLC, editor for The Institutional Risk Analyst, author of the soon to be released Inflated: Money, Debt and the American Dream. He joined Dan and Amy with reaction to President Donald Trump's announcement of new import taxes of 25% on cars and car parts coming into the US. 01:32:15 - William Nienburg is a Former Downers Grove library trustee. He joined Dan and Amy with an update on upcoming local elections. 01:46:58 - Early voting and spending surge in Wisconsin Supreme Court race that has drawn national attention 02:05:15 - Brian Schimming is the Chairman of the Republican Party of Wisconsin. He joined Dan and Amy to preview Wisconsin’s Supreme Court election next week.See omnystudio.com/listener for privacy information.

Vance with "We have so much to get to" Brennan: on Tulsi Gabbard 12:10- Former Army Corps of Engineers employee does not feel sorry for federal workers having to go back into the office 30:35- Tom Homan's post-mortem from the weekend 49:14- Former U.S. Border Patrol Chief, Deputy Commissioner and Director of ICE, Ron Vitiello: The Trump effect is in full scale activity across the country For more on Ron’s work at the border ronvitiello.com 1:02:36- In-depth History with Frank from Arlington Heights 1:05:50- Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, with expert insights into AI, inflation, and Nasdaq Chris is also editor for The Institutional Risk Analyst theinstitutionalriskanalyst.com 1:22:47- Executive Editor of Wirepoints Mark Glennon: The regular press isn't reporting on the types of people ICE is arresting Get Mark’s latest at wirepoints.org 1:38:18- Legal vs Illegal immigration debate 1:58:02- White House unveils new portrait of First Lady TrumpSee omnystudio.com/listener for privacy information.

With special guest Christopher Whalen, chairman of Whalen Global Advisors.

0:00 - KJP rebukes Doocy for question about "threat to democracy" rhetoric instigating assassination attempts on Trump   10:54 - POTUS '24: assassination attempts   29:03 - First Questions from Black Journos to Trump vs. Kamala   44:27 - Schools in Charleroi, PA...Haitians, English (America 2100 interview of ordinary couple)   01:04:33 - Editor of The New Criterion, Roger Kimball:  Democrats shouldn't be surprised by Trump's would-be assassins   01:22:15 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, explains why it would be best for Powell to stay put than give “the crowd” a quarter point interest rate cut. Chris is also editor for The Institutional Risk Analyst theinstitutionalriskanalyst.com   01:36:54 - Dan Proft's Parenting Tips    01:52:22 - Retired FBI Special Agent & Criminal Profiler from the Unabomber case, now co-host the “Cold Red” podcast, James Fitzgerald, offers his look at the Florida Trump shooter. For podcast updates and more @JFitzJourneySee omnystudio.com/listener for privacy information.

0:00 - DNC delegates reportedly targeted in string of armed robberies   13:56 - Harris and Walz to sit with CNN for exclusive first joint interview since campaign began   31:50 - Kamala Harris Visits High School Band Class   52:47 - J.D. Vance Says Childless Leaders ‘Disorient' and ‘Disturb' Him: Audio   01:08:11 - Christopher Whalen is an investment banker and chairman of Whalen Global Advisors LLC, author of  Ford Men: From Inspiration to Enterprise, and editor for The Institutional Risk Analyst. He joined Dan Proft and Charles Thomas with reaction to the Harris plan to tax unrealized capital gains.   01:25:02 - Illinois opens contest to redesign state flag   01:46:01 - J.D. Busch is a technology researcher, entrepreneur, and investor. Shipley class of 1993. He joined Dan Proft and Charles Thomas to talk about his column: The Prep School Bolshevik Revolution Runs Out of Gas (And Anti-racist Molotov Cocktails) as “Woke Antisemitism” Costs Shipley Principal His Job.   02:01:22 - National Review's Rich Lowry: Trump Can Win On CharacterSee omnystudio.com/listener for privacy information.

For our second anniversary this summer, we're looking back at one of our first episodes! ORIGINAL DESCRIPTION: Remember the fun of naming your pet? Now, imagine taking on the task of naming an entire species. Earlier this year, Dr. Christopher Whalen of Yale University got that chance. This week on Something Offbeat, we talk to Whalen about his discovery – an ancient ancestor of the octopus that he named after President Joe Biden – and to Dr. Brittany Kenyon-Flatt of North Carolina State University about the history behind scientific names.

0:00 - Trump at NABJ conference, Tense from the start   10:43 - Trump Tells Black Journalists: Kamala Harris “Was Indian All The Way… She Became A Black Person”   30:21 - Coverage of Trump at NABJ   53:12 - The Kamala Vault   01:11:19 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, "celebrates" IL and NY state migration rankings and previews the financial issues Trump will face if he wins. Chris is also the author of  Ford Men: From Inspiration to Enterprise   01:22:50 - Scott Wilder, spokesman for PreBorn, offers an opportunity to provide ultrasounds for mothers with crisis pregnancies. Research shows when pregnant girls, or young women, see their child on an ultrasound they are far more likely to choose life. For as little as $28 you can save the life of a baby. Today is the last day to give!  Go to 560theAnswer.com/preborn or call 833-850-BABY (2229)   01:40:03 - Alex Berenson, author of Pandemia: How Coronavirus Hysteria Took Over Our Government, Rights, and Lives also his substack “Unreported Truths” – alexberenson.substack.com, wonders why Trump would go after Harris' race when he has so much else to choose from   01:58:18 - Retired Secret Service Agent Mike Olson on Acting Director Rowe's TestimonySee omnystudio.com/listener for privacy information.

0:00 - Alvin Bragg (DA-Soros) on Trump conviction: "I did my job"   13:23 - Trump reacts to jury verdict in Manhattan: the real verdict on 11/5   32:29 - Time to start thinking worst case scenarios with what the left will do next   54:24 - John Solomon, award-winning investigative journalist and founder of Just the News: we don't put rival politicians in prison, we settle our disputes at the ballot box.Get John's latest justthenews.com   01:09:19 - Joseph Moreno, former federal prosecutor with the Department of Justice in the National Security Division, a former staff member with the FBI's 9/11 Review Commission and a US Army combat veteran, points out several grounds for Trump's appeal and hopes this will be corrected to restore faith in the justice system   01:26:10 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC and editor for The Institutional Risk Analyst, predicts a Donald Trump victory in November… over Kamala Harris. Grab your copy of Chris' book Ford Men: From Inspiration to Enterprise   01:43:51 - Rich Lowry, editor of National Review: Trump was found guilty of 34 felonies and we don't know what he was guilty of. Rich is also the author of  The Case for Nationalism: How It Made Us Powerful, United, and Free   01:54:43 - OPEN MIC FRIDAY!!See omnystudio.com/listener for privacy information.

Ever wondered how the gears of mortgage banking truly operate behind the financial facade? Prepare to be enlightened as I bring you an exclusive chat with none other than Richard Christopher "Chris" Whalen, a vanguard in the financial sector whose career has been as varied as it is impressive. From his early days as a Volcker appointee to his pioneering efforts in founding Institutional Risk Analytics, Chris shares unparalleled insights that unravel the industry's complexity, forecast the future of banking indexes, and even tease an upcoming ETF launch. In our thought-provoking exchange, we navigate the tumultuous waters of real estate markets, dissecting the phenomena of surging property values in previously overlooked areas. With a critical eye, we scrutinize and challenge the well-worn narratives crafted by Wall Street, addressing the overlooked market abnormalities pre-pandemic, the Federal Reserve's policy impacts, and the liquidity crunch in aging bonds. We discuss demographic shifts and capital flows, while Chris illuminates the potential shift towards persistently higher interest rates, and the challenges that credit and interest rate experts face in an era rife with misleading narratives. We take an incisive look at the banking industry's hurdles, especially in the commercial sector where non-performing loans loom large, and the strategies of niche players like Bank OZK and the competitive dynamics of mortgage servicing rights ownership. Finally, we shed light on the resilience of certain mortgage providers, exemplified through a personal account of efficient customer service that won over sluggish competitors, and muse over the repeating patterns in business practices, promising to keep these enriching conversations flowing to keep you abreast of the evolving mortgage landscape. Connect further with Chris at Whalen Global Advisors https://www.rcwhalen.com.Connect with Bill Bymel and First Lien Capital:Linktree: https://linktr.ee/billbymelTo learn more, visit:https://billbymel.com/Listen to more episodes on Mission Matters:https://missionmatters.com/author/bill-bymel/

0:00 - Happy Birthday Dan!   12:47 - Biden the Fabulist makes an appearance on Stern   30:42 - Israel/PIT protests   50:32 - Monroe Co (NY), DA, Sandra Doorley (Dem who switched to GOP) goes home rather than stopping for speeding violation…police body cam video speaking to cop's supervisor released   01:05:27 - Downers Grove Library   01:23:52 - Christopher Whalen, chairman of Whalen Global Advisors LLC & editor for The Institutional Risk Analyst, predicts once we are done with this "childish idiocy from the left" the US will start building nuclear reactors to lower energy costs. Chris is also the author of  Ford Men: From Inspiration to Enterprise   01:37:59 - President of the Crime Prevention Research Center & former senior advisor for research and statistics at the U.S. Department of Justice's Office of Legal Policy, John Lott:  The Media Say Crime Is Going Down. Don't Believe It   01:54:27 - Afroman's “Hunter Got High” 01:56:47 - Seinfeld on the death of comedy or at least situational comedySee omnystudio.com/listener for privacy information.

0:00 - IL primary fallout   14:41 - Tony Bobulinski testimony   30:53 - Best running series in DC, SIMPLE QUESTIONS WITH Sen. John Kennedy   48:15 - Christopher Whalen, investment banker, chairman of Whalen Global Advisors LLC, and editor for The Institutional Risk Analyst, discusses the politicians & policies causing the disintegration of our big cities. Chris is also the author of Ford Men: From Inspiration to Enterprise   01:04:58 - More IL primary fallout   01:29:58 - President of Center of the American Experiment and contributor to Powerline, John Hinderaker, on yesterday's House Oversight hearing, Trump's plans for his tower and Uber/Lyft leaving Minneapolis. Get John's latest powerlineblog.com   01:41:19 - Fred Fleitz,  vice-chair of the America First Policy Institute Center for American Security. He previously served as National Security Council chief of staff, CIA analyst and a House Intelligence Committee staff member, discusses the Biden Inc investigations and the impeachment inquiry hearings. For more on the America First Policy Institute Center for American Security visit americafirstpolicy.com 01:51:32 - Illegals right to carrySee omnystudio.com/listener for privacy information.

Border deal (10:25)- Is the Catholic Church complicit in the border crisis? (32:00)- One property owner thinks he's doing society a favor and opening up vacant buildings to illegals!!!  (55:55)- Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC: With Commercial Property, the Equity Goes First Check out Chris' book  Ford Men: From Inspiration to Enterprise (1:12:53)- COVID: Disease X (1:29:19)- President of Center of the American Experiment and contributor to Powerline, John Hinderaker: Constitutional Crisis at the Border? Get John's latest at powerlineblog.com (1:46:21)- Retired Chief Patrol Agent Chris T. Clem:  I Was a Border Patrol Agent for 27 Years. Here's How We Fix the Border (1:59:53)- Open Mic Friday!!See omnystudio.com/listener for privacy information.

The CEOs of several of Wall Street's biggest banks will appear before lawmakers today to talk regulation for the sector. Whalen Global Advisors' Christopher Whalen discusses. Plus, small-cap stocks have been finding some love from investors lately after lagging the rest of the market for much of this year. Goldman Sachs Asset Management's Greg Tuorto explains. And, price targets for the S&P 500 next year range between 3,300 and 5,100. Piper Sandler's Craig Johnson and KKM Financial's Jeff Kilburg give their year-end predictions.

0:00 - Ed Burke, political victim or common criminal in a pinstripe suit  9:55 - Will Ed Burke's trial lead to changes in Chicago's power structure? 26:38 - Pritzker migrant plan 46:38 - Biden-Xi 01:03:41 - Vivek Ramaswamy torches CNN's Abby Philip, DC press corps over obsession with Trump's “vermin” comment 01:22:13 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, on the World's first robot CEO in Poland and the human CEO's who gave Xi Jinping a standing ovation in California. Chris is also the author of  Ford Men: From Inspiration to Enterprise 01:37:10 - Senior Fellow at the non-partisan Foundation for Defense of Democracies and former Iranian-targets officer in the CIA, Reuel Marc Gerecht:  Prepare for an Iranian Escalation 01:47:31 - OPEN MIC FRIDAY!! See omnystudio.com/listener for privacy information.

Dan & Amy react to Biden's address to the nation (10:05) Columbia Business school professor Shai Davidai's (atheist) rant against presidents of Columbia, NYU, Harvard, et al. (29:00) It can happen here (45:43) Host of FOX News' Special Report, Bret Baier: last time he counted, Jim Jordan is well short of winning the speaker vote Get Bret's new book!  To Rescue the Constitution: George Washington and the Fragile American Experiment (1:00:11) Chief Political Writer at Spiked, Brendan O'Neill: Nothing better captures the moral decay of our woke elites than their haughty disdain for the State of Israel Brendan has a new book out  A Heretic's Manifesto: Essays on the Unsayable (1:15:51) Chicago Morning Answer Northshore PSA (1:18:30) Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC: "Biden's getting ready to ask for a 100 billion dollars for Ukraine and we have to go out and borrow that money" Chris is also editor for The Institutional Risk Analyst -  theinstitutionalriskanalyst.com (1:36:32) Brighton Park residents protest migrant housing site…Ald. Ramirez (1:50:48) Open Mic Friday!!See omnystudio.com/listener for privacy information.

So often, the Inflation Guy is asked to recommend a good book on inflation. Just one? That's crazy. There are oodles of good books on inflation, and in this episode the Inflation Guy recommends eight. Okay, one of the recommendations was less-than-enthusiastic. But these are all worth reading. Listen to the podcast, and visit the links below to see the books in Amazon or other site. Disclosure: the Inflation Guy doesn't make a red cent from clicking those links. So click away. NOTES Podcast Callback: Ep. 15: An Interview with Special Guest Milton Friedman Books Referred to: Fiat Money Inflation in France, Andrew Dickson White, 1933 (free pdf) When Money Dies, Adam Fergusson, 2010 Inflated: How Money and Debt Built the American Dream, R. Christopher Whalen, 2010 The Great Inflation and Its Aftermath: The Past and Future of American Affluence, Robert J. Samuelson, 2010 (funny how many of these are from 2010. Never noticed that before.) Money Mischief: Episodes in Monetary History, Milton Friedman, 1994 Asking About Prices: A New Approach to Understanding Price Stickiness, Alan Blinder, Elie Canerri, David Lebow, 1998 The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival, Charles Goodhart and Manoj Pradhan, 2020 The Mandibles: A Family, 2029-2047, Lionel Shriver, 2017 To Subscribe to Quarterly Inflation Outlook: https://inflationguy.blog/shop/ To Subscribe for free to the blog: https://inflationguy.blog/ Check out the new website!: https://www.EnduringInvestments.com/

0:00 - BLM Brandon should open a chain of restaurants too 29:46 - Dan gives a tutorial on agency capture 51:22 - A special "congressional" edition of Dan Proft is Single 01:10:40 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, author of  Ford Men: From Inspiration to Enterprise, covers the UAW strike, the future of AI and the progressive model of immigration. Chris is also the editor for The Institutional Risk Analyst -  theinstitutionalriskanalyst.com 01:29:16 - President at Wirepoints, Ted Dabrowski, marks himself safe after Day 1 of no cash bail in Illinois. Get Ted's latest at wirepoints.org 01:44:15 - Founder & Principal Broker for HealthInsuranceMentors.com, C Steven Tucker, on the pitfalls of regulating health care prices and what Obamacare has wrought these past 15 years 02:05:16 - Trans-dude Sarah Ashton-Cirillo from Nevada, spox for Ukraine territorial forces in KyivSee omnystudio.com/listener for privacy information.

0:00 - Dan & Amy with first reaction to last night's debate   10:06 - What happened to Mike Scott?   12:40 - Dan & Amy with winners & losers from last night   30:06 - Jeanne Ives, co-founder of Breakthrough Ideas & former member of the Illinois House of Representatives, takes Dan & Amy behind the scenes at last night's debate in Milwaukee. Check out Jeanne on “The Real Story with Jeanne Ives” - Sundays 7 – 9pm on 560 The Answer   49:47 - Dan & Amy turn their attention to the Trump/Tucker Carlson interview that also aired last night   01:06:19 - Noah Rothman, senior writer for National Review, breaks down the big moments from last night's debate. Check out Noah's most recent book The Rise of the New Puritans: Fighting Back Against Progressives' War on Fun   01:23:30 - Former First Deputy National Security Advisor to President Trump, KT McFarland, unimpressed with the foreign policy debate last evening, explains what the next steps in Russia/Ukraine & China should be. KT is also the author of  REVOLUTION: TRUMP, WASHINGTON AND “WE THE PEOPLE   01:40:36 - Christopher Whalen, investment banker, chairman of Whalen Global Advisors LLC and editor for The Institutional Risk Analyst, previews Jerome Powell's upcoming speech in Jackson Hole WY. Chris is also the author of  Ford Men: From Inspiration to Enterprise 01:55:38 - Dan & Amy give listeners a chance to get their hits in on last night's debateSee omnystudio.com/listener for privacy information.

0:00 - THE GREAT DISINTEGRATION: NAACP demands end to progressive policies that have led to public safety crisis  15:42 - Dan & Amy check out Trump's rally in Erie, PA 27:47 - Dan & Amy on Biden, Inc & the potential testimony of Devon Archer 45:14 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, discusses the financial impossibilities of big blue states and the city crisis we have as an opportunity. Chris is also editor for The Institutional Risk Analyst theinstitutionalriskanalyst.com 01:05:18 - Senior Research Fellow for Defense Programs at The Heritage Foundation, Dakota Wood, investigates a suspected Chinese COVID lab in CA 01:22:12 - George Parry, former federal and state prosecutor & regular contributor to The American Spectator, weighs in on Trump's growing legal troubles and whether or not the DOJ is guilty of intimidating witness Devon Archer. Check out George's blog knowledgeisgood.net 01:37:33 - Dan & Amy share Allison Williams', ESPN reporter fired for not getting vaxed, testimony before House Select Comm on COVID 01:57:54 - Senior writer for the Dispatch, David Drucker, on the race for '24 and if there is a candidate ready to take on Trump. David is also the author of In Trump's Shadow: The Battle for 2024 and the Future of the GOP  See omnystudio.com/listener for privacy information.

0:00 - Hamtramck, MI, bans Pride flag on city property 7:14 - Why no COVID amnesty? Rep. Kevin Kiley (R-CA) questions HHS Sec Xaiver Becerra about the efficacy of masking two-year-olds 26:59 - Dan & Amy react to the indictment of Daniel Penny in NYC 45:42 - Former Assistant to the President for National Security Affairs, John Bolton, on DeSantis plan to “wage war” on DOJ and Trump's plan to remain in the presidential race. Don't forget about Amb Bolton's most recent book The Room Where It Happened: A White House Memoir 57:58 - Dan & Amy take reaction to their interview with Amb Bolton 01:05:23 - Alastair Mordey, addiction treatment professional based in Northern Thailand, explains How the cult of trauma took over mental health. For more from Alastair @AlastairMordey and alastairmordey.com 01:21:36 - CA State Sen. Scott Wilk: parents, leave CA 01:42:13 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, with a look at the markets after the announced pause in interest rate hikes. Chris is also editor for The Institutional Risk Analyst theinstitutionalriskanalyst.com 01:56:08 - Mayor of Miami is running for President 01:57:38 - Newt Gingrinch, former speaker of the house & 2012 presidential candidate, discusses the Trump indictment, the race for 2024 and his new book March to the Majority: The Real Story of the Republican RevolutionSee omny.fm/listener for privacy information.

0:00 - Dan & Amy react to cinderella story, unknown, Michael Block, who came out of nowhere to lead the pack at the PGA championship  12:34 - Weekend Racisists Hoaxes: Dan & Amy update Penny/Neely and, also in NYC, “Citibike Karen” 31:20 - Every American should read the Durham Report 48:33 - Christopher Whalen, investment banker, chairman of Whalen Global Advisors LLC, and editor for The Institutional Risk Analyst: All of the Banks in the US, right now, are basically on life support. Chris is also the author of  Ford Men: From Inspiration to Enterprise 01:04:46 - The Heritage Foundation's Dakota Wood details the damage done by the Durham report to US National Security 01:24:51 - Are you ready to join the Behavior vigilantes? 01:42:04 - Jukka Savolainen, former Director of the National Archive of Criminal Justice Data , a professor of sociology & criminology at Wayne State University, and a Writing Fellow at Heterodox Academy, on Chicago's Criminal Irresponsibility and the media's race obsession. Jukka is a great follow on twitter @JukkaSavo 01:59:51 - SC Sen Tim Scott makes it official and FL Rep Byron Donalds endorses Trump See omnystudio.com/listener for privacy information.

0:00 - Dan & Amy take reaction to the surprise firing of... Don Lemon 13:41 - More reaction to yesterday's firings 34:05 - Dan & Amy discuss Kim Foxx' reelection plans, a potential landing spot for Lori Lightfoot and the fight for charges in West Garfield Park stolen car crash that killed a baby 50:30 - Biden announces he's running for reelection 01:05:18 - Christopher Whalen, investment banker, chairman of Whalen Global Advisors LLC and editor for The Institutional Risk Analyst, explains the Mortgage Rates by Credit Score federal rule and predicts The Bank Deposit Run Is Not Over. For more from Chris @rcwhalen 01:24:48 - President at Wirepoints, Ted Dabrowski, warns that "Mayor-elect Johnson's ‘silly' kids comments could embolden the criminal actions of Chicago teens". He also points to another frightening problem for Chicagoans: Empty Downtown Offices Get Ted's latest at wirepoints.org 01:39:24 - Dan & Amy respond to Justin Trudeau claiming he never forced anyone to get vaxed  01:56:13 - Kevin Dahlgren, homelessness and addiction expert based in Portland. He has worked in addiction outreach for thirty years: Why ‘harm reduction' is no match for fentanyl. Kevin was recently providing outreach in Chicago & Evanston and will return soonSee omnystudio.com/listener for privacy information.

Netflix reports earnings today as investors look for insight on the streaming giant's subscriber growth following its ad-tier launch and password-sharing crackdown. Big Technology's Alex Kantrowitz breaks down his expectations. Plus, Goldman Sachs and Bank of America resume big bank earnings this morning amid concern over the health of the financial sector. Whalen Global Advisors' Christopher Whalen gives the set-up. And, Apple is opening its first store in India today as it looks to move production away from China. D.A. Davidson's Tom Forte discusses the latest.

0:00 - Dan & Amy respond to Karine Jean-Pierre who called the GOP cowards at yesterday's briefing   10:59 - Dan & Amy react to Reps. Jamaal Bowman and Thomas Massie getting into it over gun bans in Capitol hallway   31:36 - With 5 days until Election Day, Dan & Amy look at new polling. Also, will there be a clear winner next Tuesday?    48:42 - Dan & Amy listen in as Rep Matt Gaetz grills Austin, Milley about COVID vax mandates, drag queen story hours   01:09:18 - Christopher Whalen,  investment banker and chairman of Whalen Global Advisors LLC, discusses Starbucks' “union-busting” and shares questions he would have asked FDIC Chairman Martin Gruenberg and Federal Reserve Board Vice Chair Michael Barr when they testified before The House Financial Services Committee. Chris is also the editor editor for The Institutional Risk Analyst theinstitutionalriskanalyst.com   01:30:49 - Dan & Amy react to Sen Rand Paul's interview with Sean Hannity: 100% Fauci lied; Fauci still working for the G to prevent being indicted. Also, hospitals refusing transplants to the unvaccinated   01:47:46 - Breitbart News senior writer, John Nolte, discusses the Nashville school shooting and Trump's pending indictment    Get John's latest for Breitbart here Rafael Mangual, senior fellow and head of research for the Manhattan Institute's Policing and Public Safety Initiative, discusses the Chicago voter and public safety in his article  Will America's “Second City” Finally Put Safety First?   Be sure to check out Raf's most recent book too Criminal (In)Justice: What the Push for Mass-Decarceration and Depolicing Gets Wrong, and Who It Hurts MostSee omnystudio.com/listener for privacy information.

Christopher Whalen, Chairman of Whalen Global Advisors, and author of the Institutional Risk Analyst newsletter, joins the show to explain how SVB's mismanagement and the Fed's lack of awareness of the impact of rising interest rates, brought the 40-year financial institution down. We also look into the overall health of the nation's banks amid these rising rates, and the prognosis isn't great. Also, commodity prices have come way off their highs and could lead headline inflation lower, at last. LINKS FOR SHOW NOTES: https://www.birinyi.com/index.php/newsletter-service.html https://www.fdic.gov/news/press-releases/2023/pr23016.html www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.fdic.gov/news/press-releases/2023/pr23016.html www.investopedia.com/terms/f/fdic.asp https://www.youtube.com/watch?v=EY-HYUFlCPs https://www.theinstitutionalriskanalyst.com/

0:00 - March Madness   13:01 - Weaponization of Govt House Select Subcommittee hearing   30:12 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC and editor for The Institutional Risk Analyst: Who Killed Silicon Valley Bank? Get more from Chris @rcwhalen   50:59 - KJP introducing Rouse (CEA) and Young (OMB)- sisterhood of the identitiarians hustle   01:07:18 - porn at Barrington D220   01:25:16 - Marty Makary M.D., M.P.H., professor at the Johns Hopkins School of Medicine and Bloomberg School of Public Health and  chief medical adviser to Sesame Care:  The Greatest Perpetrator Of Misinformation During Covid Was The U.S. Government. Dr. Makary is also author of the award winning The Price We Pay: What Broke American Health Care and How To Fix It    01:42:24 - GREAT DISINTEGRATION: Chicago mayor   01:56:28 - Co-Founder and Executive Vice President of Signature Bank, Kevin Basutga, addresses the misreporting on Signature Bank Chicago - which is a completely different institution from Signature Bank New York - and weighs in on the failure at SVB. For more on Signature Bank Chicago visit signaturebank.bankSee omnystudio.com/listener for privacy information.

Christopher Whalen, Chairman of Whalen Global Advisors, and author of the Institutional Risk Analyst newsletter, joins the show to explain how SVB's mismanagement and the Fed's lack of awareness of the impact of rising interest rates, brought the 40-year financial institution down. We also look into the overall health of the nation's banks amid these rising rates, and the prognosis isn't great. Also, commodity prices have come way off their highs and could lead headline inflation lower, at last. LINKS FOR SHOW NOTES: https://www.birinyi.com/index.php/newsletter-service.html https://www.fdic.gov/news/press-releases/2023/pr23016.html www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.fdic.gov/news/press-releases/2023/pr23016.html www.investopedia.com/terms/f/fdic.asp https://www.youtube.com/watch?v=EY-HYUFlCPs https://www.theinstitutionalriskanalyst.com/

0:00 - Dan & Amy question Lightfoot's view of the mayoral race   10:22 - Dan & Amy break down the candidates - is Brandon Johnson the new frontrunner?   27:17 - Trump: when Biden gets back from Ukraine…   45:49 - Dan & Amy react to Grand Jury foreperson Emily Kohrs gleefully fantasizing about personally swearing in former President Donald Trump   01:01:21 - THE PURGE/THE REVOLT: “She Persisted,” starring Rachel Levine   01:23:27 - Michael R. Heinlein, editor of Simply Catholic, discusses his new biography of Cardinal Francis George. Glorifying Christ: The Life of Cardinal Francis E. George releases on March 3 and is available for pre-order today!   01:37:58 - Christopher Whalen, investment banker and editor for The Institutional Risk Analyst, says while the White House may say good things about the economy they are actually running scared. For more insight from Chris @rcwhalen 01:56:11 - Editor-in-Chief at OUT Spoken and contributing editor at Spectator World, Chadwick Moore, is offering to guide Don Lemon through his mandatory sensitivity training. For more from Chadwick, check out his new book  So You've Been Sent to Diversity Training: Smiling Through the DEI ApocalypseSee omnystudio.com/listener for privacy information.

Just when you think “It can't get any worse” it does. A 21 year old with SPECIAL NEEDS ( who is NON VERBAL)  was gunned down while waiting for his bus with his family Was Darren Bailey right about Chicago? 24:45- Cancel Celebrity Jeopardy, forever 27:50- KJP dips, ducks and dodges  50:34- Sports & Politics: Sid Seixiero, Breakfast Television–Toronto morning show, on the Provorov jersey flap 1:10:20- Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, tackles the issues with ESG and says Thomas Edison would be laughing at us if he were here today. Chris is also the author Ford Men: From Inspiration to Enterprise 1:26:50- Founder of JunkScience.com and a member of President Trump's EPA transition team, Steve Milloy, responds to Al Gore and the environmentalists speaking in Davos Check out Steve's books including  Scare Pollution: Why and How to Fix the EPA 1:41:29- Nolan Higdon, university lecturer of history and media studies at the University of California, Santa Cruz, explains how we can agree to disagree  For more from Nolan on this check out his book Let's Agree to Disagree: A Critical Thinking Guide to Communication, Conflict Management, and Critical Media Literacy 1:58:05- Hunter Biden's laptop repair shop owner/repairman, John Paul Mac Isaac, shares the details, including the passwords, to the nation's most infamous pc But wait, there's more… in John Paul's new book American Injustice: My Battle to Expose the TruthSee omnystudio.com/listener for privacy information.

It's a big couple of days from Davos, Switzerland and the World Economic Forum. Bain Capital's Stephen Pagliuca breaks down his predictions for the year. Plus, when it comes to oil prices, there are going to be two major factors this year: how much China begins buying up oil again, and whether OPEC+ will cut production again in the coming months. S&P Global's Dan Yergin discusses the outlook from Davos. And, after a mixed bag of results on Friday, investors are gearing up for round two of bank earnings. Whalen Global Advisors' Christopher Whalen explains what to expect.

2022 was the year for a duration crisis.2023 will be the year of a credit crisis.Check The Lead-Lag Report on your favorite social networks.Twitter: https://twitter.com/leadlagreportYouTube: https://www.youtube.com/c/theleadlagreportFacebook: https://www.facebook.com/leadlagreportInstagram: https://instagram.com/leadlagreport                             Sign up for The Lead-Lag Report at www.leadlagreport.com and use promo code PODCAST30 for 2 weeks free and 30% off.                             Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities.                             The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.See disclosures for The Lead-Lag Report here: The Lead-Lag Report (leadlagreport.com)Foodies unite…with HowUdish!It's social media with a secret sauce: FOOD! The world's first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today:

0:00- Xmas Party Shenanigans 12:22- Submissions for Idiotic Statements of the Year  28:32- Mr Zalensky goes to Washington 49:25-  Dr. Andrew G. Huff, combat veteran, technologist, and infectious disease epidemiologist, shares his new book The Truth about Wuhan: How I Uncovered the Biggest Lie in History 1:08:05-  Christopher Whalen, investment banker, chairman of Whalen Global Advisors LLC and editor for The Institutional Risk Analyst, on Crypto regulation  Chris' book  Ford Men: From Inspiration to Enterprise makes a great gift… FYI 1:25:40- Paul Kengor, editor of The American Spectator and professor of political science at Grove City College in Grove City, celebrates  Christmas in a Better America Still need lookin' for that special someone? Why not Paul's book  The Devil and Karl Marx: Communism's Long March of Death, Deception, and Infiltration 1:40:41- Bob Woodson, founder and president of the Woodson Center, declares It's time to tell the story of Black success, not Black victimhood Mr. Woodson's  Red, White, and Black: Rescuing American History from Revisionists and Race Hustler is a perfect stocking stuffer! 1:53:06- OPEN MIC FRIDAY HOLIDAY SPECIAL!!See omnystudio.com/listener for privacy information.

0:00 - Dan & Amy take reaction to the Colorado nightclub shooting   14:34 - Elon Musk allows Pres Trump back on Twitter and people's heads explode!   24:50 - Dan & Amy look into the Special Counsel on Trump and what it means for 2024   44:08 - Villa Park SD on trans   58:38 - Vice President of the Kathryn and Shelby Cullom Davis Institute for International Studies at The Heritage Foundation, Lt Col James Carafano, reviews Biden's performance at the G20 summit. Be sure to check out Lt Col Carafano's most recent book  Brutal War: Jungle Fighting in Papua New Guinea, 1942   01:12:51 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC and editor for The Institutional Risk Analyst, weighs in on SBF/FTX and the future of crypto. Be sure to check out Chris' book  Ford Men: From Inspiration to Enterprise   01:29:45 - Thomas Baker, retired FBI special agent and legal attaché, shares his new book  The Fall of the FBI: How a Once Great Agency Became a Threat to Democracy - available 12/6   01:44:43 - Gordon Sondland, served as the 20th United States Ambassador to the European Union and became well known during Trump's first impeachment, discusses his new book  THE ENVOY: Mastering the Art of Diplomacy with Trump and the WorldSee omnystudio.com/listener for privacy information.

0:00 - Dan & Amy with a look at the midterm polls and ask if there is an advantage to early voting that Republicans are missing   11:38 - MSNBC's Nicole Wallace: Hey Foreign Governments Can You Help “MONITOR” Our Elections!   30:08 - Biden on PPP recipients vs. student loan forgiveness beneficiaries   43:56 - Crime issues tighten the NY State GOV race, could the same happen in Illinois?    01:02:33 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, shares what he's hearing at the Mortgage Bankers Association 2022 Annual Convention in Nashville. Chris is also the editor of The Institutional Risk Analyst - theinstitutionalriskanalyst.com   01:19:43 - President at Wirepoints, Ted Dabrowski, shows that Illinois' 2021 student outcomes collapsed during school shutdowns, Covid mitigations. For Ted's latest visit wirepoints.org    01:30:26 - U.S. Representative for Wisconsin's 1st congressional district, Bryan Steil, tackles the major midterm issues: crime, inflation, and the border. He also offers a midterm view from north of the cheddar curtain. For more on Bryan's work for WI district 1 visit steil.house.gov   01:41:26 - Republican congressional candidate for IL-13, Regan Deering, offers a common sense closing argument in her district's heated race. For more on Regan's run for district 13 visit regan4congress.com See omnystudio.com/listener for privacy information.

0:00 - Dan & Amy remember 9/11 since many seem to have forgotten    14:20 - THE PURGE/THE REVOLT: LGBTQ Month and the Miami-Dade School Board   29:22 - Republican candidate for Illinois attorney general, Thomas DeVore, returns to discuss the SAFE-T Act and takes a look into a potential violation of the Gift Ban Act by Gov Pritzker. For more on Tom's run for IL AG visit tomdevore.com 48:14 - Mayor of Elk Grove Village, Craig Johnson, has no issue with helping migrants but is concerned with the lack of communication from Lightfoot and Prizker. For more info on Elk Grove Village and Mayor Craig Johnson visit elkgrove.org     01:06:53 - Dakota Wood, served America for two decades in the U.S. Marine Corps and is the Senior Research Fellow for Defense Programs at The Heritage Foundation: “the hypocrisy of supporting our military, and then not supporting it, is almost obscene”   01:20:31 - Christopher Whalen,  investment banker and chairman of Whalen Global Advisors LLC, author of  Ford Men: From Inspiration to Enterprise, expounds on the implications of FedNow. Chris is also editor for The Institutional Risk Analyst - theinstitutionalriskanalyst.com   01:36:44 - THE GREAT DISINTEGRATION: Chicago   01:57:45 - Republican congressional candidate for IL-11, Catalina Lauf: “It is an elected official's job to educate your constituents” For more on Catalina's run for congress visit catalinaforcongress.comSee omnystudio.com/listener for privacy information.

Remember the fun of naming your pet? Now, imagine taking on the task of naming an entire species. Earlier this year, Dr. Christopher Whalen of Yale University got that chance. This week on Something Offbeat, we talk to Whalen about his discovery – an ancient ancestor of the octopus that he named after President Joe Biden – and to Dr. Brittany Kenyon-Flatt of North Carolina State University about the history behind scientific names.

June 23, 2022 0:00 -Blackbelt pins shoplifter until cops arrive 12:57 - Dan & Amy sit in on the Barrington 220 school bd mtg 29:32 - Lighfoot v Beale 44:24 - GOP Gubernatorial Primary Debate Preview  01:00:54 - Dan & Amy talk to GOP candidates for IL 14 who are vying to unseat Underwood: Scott Gryder, James Marter, Mike Koolidge, Jack Lombardi, and Jamie Milton 01:51:51 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, advises we chain every economist to a historian. Check out Chris' book Ford Men: From Inspiration to Enterprise See omnystudio.com/listener for privacy information.

The Wild and Wonderful World of Mammals Mammals may be the most diverse group of vertebrates that have ever lived. (Don't tell the mollusk enthusiasts over at Cephalopod Week.) Many people share their homes with another mammal as a pet, like a dog or cat. The largest creatures on earth are mammals: Ocean-dwelling blue whales are the biggest animals that have ever lived, and African elephants are the biggest animals on land. And lest we forget, humans, too, are mammals. The history and diversity of mammalians is the subject of a new book by paleontologist Steve Brusatte, “The Rise and Reign of the Mammals.” Steve joins Ira to talk about why mammals have been so successful over the years, and why extinct mammals deserve as much love as the beloved dinosaurs.  A Squid-tastic Night Out  How do you fossilize a squishy squid? Do octopuses see in color, and do they have arms or tentacles? Which came first, the hard-shelled nautilus or the soft-bodied octopus, squid, or cuttlefish? And what does ‘cephalopod' mean, anyhow?   This week, Ira ventured to the Maritime Aquarium in Norwalk, Connecticut for a special Cephalopod Week celebration. He was joined by experts Barrett Christie, the director of animal husbandry for the Maritime Aquarium, and Christopher Whalen, a postdoctoral researcher and invertebrate paleontologist at the American Museum of Natural History in New York.  They also discussed the challenges of caring for cephalopods in an aquarium environment, some of the amazing abilities of these animals, and what it's like to discover a previously unknown cephalopod genus and species in fossilized material stored in museum archives. Together, they tackled audience cephalopod questions large, small, and multi-armed.   Transcripts for each segment will be available the week after the show airs on sciencefriday.com.

0:00 - Mook gives up Hillary 13:44 - Dan & Amy watched Bill Maher so you don't have to: trans sociali contagion…stay the course, slow the pace 29:19 - Summer of Joy Update 51:43 - Dan & Amy take a look at the Philly city schools teacher seminar on “kink, BDSM…et al.” 01:07:36 - Vice President of the Kathryn and Shelby Cullom Davis Institute for International Studies at The Heritage Foundation and author of Brutal War: Jungle Fighting in Papua New Guinea, 1942, Lt Col James Carafano, says the key to adding tension to the Russia/China relationship is to make them less valuable to eachother. You can follow Jim on twitter @JJCarafano 01:26:57 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, on the demise of American cities. Check out Chris' book Ford Men: From Inspiration to Enterprise 01:43:42 - Associate Professor of Political Science at Kentucky State University and author of Hate Crime Hoax: How the Left is Selling a Fake Race War, Wilfred C Reilly: The New Definition of Racism. Follow Wilfred on twitter @wil_da_beast630 01:57:12 - Prepare, possible Primate Pox Pandemic See omnystudio.com/listener for privacy information.

0:00 - Dan & Jeanne react to yesterday's announcement that the CDC is extending mandatory  masks on planes   15:03 - Dan & Jeanne break the news of a potential hostile takeover at twitter   30:26 - Dan & Jeanne address the Grand Rapids police shooting of Patrick Lyoya and subsequent BLM protests     53:32 - 2 (cough) former gubernatorial candidates discuss today's candidates for Illinois Gov   01:11:52 - National political reporter and author of The Great Revolt: Inside the Populist Coalition Reshaping American Politics, Salena Zito: Pennsylvania's Dramatic Shift Rightward Is a Warning Sign for Both Parties. Check out Salena's latest at SalenaZito.com   01:28:04 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, offers sound advice to Elon Musk and grim predictions for the US housing market. Check out Chris' book   Ford Men: From Inspiration to Enterprise   01:45:01 - Martti J. Kari, former intelligence Colonel in the Finnish Defence Forces and currently teaches cybersecurity at the University of Jyväskylä, helps explain Why Russia does things the way it does   01:58:52 - 10 Rules for Bimbofication    See omnystudio.com/listener for privacy information.

Scientists have found the oldest known ancestor of octopuses – an approximately 330 million-year-old fossil unearthed in Montana. The researchers concluded the ancient creature lived millions of years earlier than previously believed, meaning that octopuses originated before the era of dinosaurs. The 4.7-inch (12-centimeter) fossil has 10 limbs — modern octopuses have eight — each with two rows of suckers. It probably lived in a shallow, tropical ocean bay. “It's very rare to find soft tissue fossils, except in a few places,” said Mike Vecchione, a Smithsonian National Museum of Natural History zoologist who was not involved in the study. “This is a very exciting finding. It pushes back the ancestry much farther than previously known." The specimen was discovered in Montana's Bear Gulch limestone formation and donated to the Royal Ontario Museum in Canada in 1988. For decades, the fossil sat overlooked in a drawer while scientists studied fossil sharks and other finds from the site. But then paleontologists noticed the 10 tiny limbs encased in limestone. The well-preserved fossil also “shows some evidence of an ink sac,” probably used to squirt out a dark liquid cloak to help to evade predators, just like modern octopuses, said Christopher Whalen, an American Museum of Natural History paleontologist and co-author of the study published Tuesday in the journal Nature Communications. The creature, a vampyropod, was likely the ancestor of both modern octopuses and vampire squid, a confusingly named marine critter that's much closer to an octopus than a squid. Previously, the “oldest known definitive” vampyropod was from around 240 million years ago, the authors said. The scientists named the fossil Syllipsimopodi bideni, after President Joe Biden. Whether or not having an ancient octopus — or vampire squid — bearing your name is actually a compliment, the scientists say they intended admiration for the president's science and research priorities. This article was provided by The Associated Press.

Will cooperation in space with Russia survive war in Ukraine? For more than half a century, through international conflict and political turmoil, the west has cooperated on a wide range of activities in space with the Soviets and then the Russians, culminating in the International Space Station. We speak with Mac Evans, former head of the Canadian Space Agency about why the war in the Ukraine runs the risk of ending that long collaboration. What will the new UN treaty to control plastic pollution need to achieve? On March 2, at a meeting of the United Nations Environmental Assembly in Nairobi the world's nations agreed to negotiate a global agreement to control plastic pollution. We speak to Max Liboiron, a plastics pollution researcher at Memorial University of Newfoundland, about how the world created its plastics problem, and Tony Walker, who studies plastics pollution at Dalhousie University, on what he hopes the treaty will accomplish. The oldest octopus ancestor ever found had ten arms. Christopher Whalen, a palaeontologist from the American Museum of Natural History in New York has identified the oldest vampyropod, the group that includes ancestors of the octopus. The 328 million year old fossil from Montana is in extraordinary condition and is 82 million years older than the previous oldest find. But the big surprise is that this is that this animal had ten arms. His research was published in Nature Communications. Making medical alarms less awful – and maybe saving lives Hospitals can be pretty noisy places. Medical devices, in particular, make quite a racket. And while their alarms are essential, perhaps they don't have to be so unpleasant. Michael Schutz, a professor of music cognition at McMaster University, believes that we can use what we know about music to improve the sonic environment in hospitals – and maybe save lives in the process. Fear of predation all by itself can reduce the survival rate of songbirds Liana Zannette, a biology professor from Western University in London, Ontario has found that just being aware of predators, even without actually being preyed upon, can reduce the reproductive rate of songbirds, and reduce the survival rate of those offspring they do have by as much as 53 percent. The most obvious impact is that birds living in fear do not eat. Her research was published in Proceedings of the National Academy of Sciences. Are people who get blood transfusions from vaccinated donors protected from COVID? For the answer to this Quirks listener question, we hear from Dr. Jacob Pendergrast, a director of the blood transfusion service at the University Health Network in Toronto.

0:00 -Who's to blame for rising energy costs?   10:00 -What are you doing to fight Russia and support Ukraine?   29:29 -Did Climate Activism empower Russia?   43:32 - U.S. representative from Illinois's 15th congressional district, Mary Miller, believes we need to secure our border before we secure Ukraine. For more on Mary's run for re-election - marymillerforcongress.com   57:59 - Did you know in New Jersey, Jersey girls don't pump their own gas?   01:01:31 -Upsetting jokes at Lisle School Board meeting   01:23:04 - Christopher Whalen, investment banker, chairman of Whalen Global Advisors LLC and editor for The Institutional Risk Analyst, with a discussion on the markets and the Ukraine (i.e.@HillaryClinton's) war. Check out Chris' book  Ford Men: From Inspiration to Enterprise   01:41:24 - Dan & Amy take a look at the effectiveness of vaccinations in kids 5-11   01:56:03 - Slavoj Žižek, Slovenian philosopher, a researcher at the Department of Philosophy of the University of Ljubljana Faculty of Arts, shares Putin's Stalinist playbook   See omnystudio.com/listener for privacy information.

0:00 - Dan & Amy report on the tragic crash in Waukesha WI 7:45 - Dan & Amy take callers reaction to the Rittenhouse verdict 28:53 - Dan & Amy check the media's reaction to Rittenhouse verdict  49:13 - Dan & Amy look into a Proposal from Sex Offender Managment Board in CO 01:01:19 - Vice President of the Kathryn and Shelby Cullom Davis Institute for International Studies at The Heritage Foundation, Lt Col James Carafano, weighs in on the weekends overseas COVID protests. Follow Jim Carafano on twitter here  01:14:40 - Christopher Whalen, investment banker and chairman of Whalen Global Advisors LLC, author of  Ford Men: From Inspiration to Enterprise, and editor for The Institutional Risk Analyst, shows how As the Fed Ends QE, Stocks and Crypto Will Retreat. Follow Chris on twitter here 01:31:42 - U.S. Representative for Wisconsin's 1st congressional district, Bryan Steil, describes the response of southern Wisconsin to the Rittenhouse verdict and updates on the tragic crash in Waukesha. For more on Bryan and Wisconsin's 1st congressional district - steil.house.gov 01:46:28 - Contributing Editor to the City Journal, former reporter and columnist at The New York Times, John Tierney, fights the The Covid Children's Crusade See omnystudio.com/listener for privacy information.

**This originally aired as a video webcast live on Hedgeye.com on May 7, 2020**We are excited to bring you another heavy-hitting macro-dose of financial insight with our newest Real Conversation on HedgeyeTV. Hedgeye CEO Keith McCullough will be joined by renowned banker and author Christopher Whalen.Chris has had a storied career on Wall Street, and now uses his expertise to pull out high-level insights from the nitty-gritty of Macro; this is an analytical range you won't find anywhere else.

In episode three of On The Hill, Tim Rood is joined by real estate pundit, Christopher Whalen, to discuss how COVID-19 and the Government's response has impacted two critical government lending programs - FHA & GNMA - and how banks and IMBs are navigating this environment.

Jason interviews Chairman of Whalen Global Advisors LLC, R. Christopher Whalen. Whalen speaks on location changes of people and businesses due to Coronavirus. Not only are business locations changing, but companies have been forced to move away from the “old way” of doing business and finally adapting to innovations in technology and communication. Whalen also gives a glimpse into his recent book and discusses the fed’s strategy to steer clear of deflationary times. Will we see consequences from the creation of money and bailouts?  Books: Inflated, How Money & Debt Built the American Dream  by R. Christopher Whalen Key Takeaways: [2:00] Not only are people leaving big cities, like NYC, because of COVID-19, but large companies are also looking to move so that they can relocate their people.  [4:30] Coronavirus has forced businesses to move out of “the old way.” [8:50] A brief history of banking, from Abraham Lincoln to present. [11:20] Before the creation of The Fed, J.P. Morgan was essentially the central bank.  [13:00] Whalen breaks down how he differentiates between inflated as he puts it and inflation.  [18:15] Will we see any consequences from the creation of money and bailouts? [19:00] Quantitative Easing: central banks buy government bonds or other financial assets to inject money into the economy to expand its activity.  Websites: www.rcwhalen.com/ JasonHartman.com/Asset JasonHartman.com/Webinar www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN

Jason interviews Chairman of Whalen Global Advisors LLC, R. Christopher Whalen. Whalen speaks on location changes of people and businesses due to Coronavirus. Not only are business locations changing, but companies have been forced to move away from the “old way” of doing business and finally adapting to innovations in technology and communication. Whalen also gives a glimpse into his recent book and discusses the fed's strategy to steer clear of deflationary times. Will we see consequences from the creation of money and bailouts?  Books: Inflated, How Money & Debt Built the American Dream  by R. Christopher Whalen Key Takeaways: [2:00] Not only are people leaving big cities, like NYC, because of COVID-19, but large companies are also looking to move so that they can relocate their people.  [4:30] Coronavirus has forced businesses to move out of “the old way.” [8:50] A brief history of banking, from Abraham Lincoln to present. [11:20] Before the creation of The Fed, J.P. Morgan was essentially the central bank.  [13:00] Whalen breaks down how he differentiates between inflated as he puts it and inflation.  [18:15] Will we see any consequences from the creation of money and bailouts? [19:00] Quantitative Easing: central banks buy government bonds or other financial assets to inject money into the economy to expand its activity.  Websites: www.rcwhalen.com/ JasonHartman.com/Asset JasonHartman.com/Webinar www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN

Jason Hartman talks about the K-Shaped recovery. Are we moving to a smaller economy? Can Biden kill the 1031 exchange, and use those tax funds elsewhere? How will this impact every aspect of real estate surrounding investor deals?  Jason interviews Chairman of Whalen Global Advisors LLC, R. Christopher Whalen. Whalen speaks on location changes of people and businesses due to Coronavirus. Not only are business locations changing, but companies have been forced to move away from the “old way” of doing business and finally adapting to innovations in technology and communication. Whalen also gives a glimpse into his recent book and discusses the fed's strategy to steer clear of deflationary times. Will we see consequences from the creation of money and bailouts?  Books: Inflated, How Money & Debt Built the American Dream  by R. Christopher Whalen Key Takeaways: [1:00] Jason talks about the recovery shapes: are we moving into a smaller economy? [5:00] Businesses going virtual. [9:20] Biden wants to kill the 1031 exchange.  [15:00] Could Biden use the elimination of the 1031 exchange as a way of embarrassing Trump?   R. Christopher Whalen [21:00] Not only are people leaving big cities, like NYC, because of COVID-19, but large companies are also looking to move so that they can relocate the people that work within them.   [23:30] Coronavirus has forced businesses to move out of “the old way.” [27:50] A brief history of banking, from Abraham Lincoln to present. [30:20] Before the creation of The Fed, J.P. Morgan was essentially the central bank.  [32:00] Whalen breaks down how he differentiates between inflated as he puts it and inflation.  [37:15] Will we see any consequences from the creation of money and bailouts? [38:00] Quantitative Easing: central banks buy government bonds or other financial assets to inject money into the economy to expand its activity.  Websites: www.rcwhalen.com/ JasonHartman.com/Asset JasonHartman.com/Webinar www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN

Jason Hartman talks about the K-Shaped recovery. Are we moving to a smaller economy? Can Biden kill the 1031 exchange, and use those tax funds elsewhere? How will this impact every aspect of real estate surrounding investor deals?  Jason interviews Chairman of Whalen Global Advisors LLC, R. Christopher Whalen. Whalen speaks on location changes of people and businesses due to Coronavirus. Not only are business locations changing, but companies have been forced to move away from the “old way” of doing business and finally adapting to innovations in technology and communication. Whalen also gives a glimpse into his recent book and discusses the fed’s strategy to steer clear of deflationary times. Will we see consequences from the creation of money and bailouts?  Books: Inflated, How Money & Debt Built the American Dream  by R. Christopher Whalen Key Takeaways: [1:00] Jason talks about the recovery shapes: are we moving into a smaller economy? [5:00] Businesses going virtual. [9:20] Biden wants to kill the 1031 exchange.  [15:00] Could Biden use the elimination of the 1031 exchange as a way of embarrassing Trump?   R. Christopher Whalen [21:00] Not only are people leaving big cities, like NYC, because of COVID-19, but large companies are also looking to move so that they can relocate the people that work within them.   [23:30] Coronavirus has forced businesses to move out of “the old way.” [27:50] A brief history of banking, from Abraham Lincoln to present. [30:20] Before the creation of The Fed, J.P. Morgan was essentially the central bank.  [32:00] Whalen breaks down how he differentiates between inflated as he puts it and inflation.  [37:15] Will we see any consequences from the creation of money and bailouts? [38:00] Quantitative Easing: central banks buy government bonds or other financial assets to inject money into the economy to expand its activity.  Websites: www.rcwhalen.com/ JasonHartman.com/Asset JasonHartman.com/Webinar www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN

Jason Hartman talks about the K-Shaped recovery. Are we moving to a smaller economy? Can Biden kill the 1031 exchange, and use those tax funds elsewhere? How will this impact every aspect of real estate surrounding investor deals?  Jason interviews Chairman of Whalen Global Advisors LLC, R. Christopher Whalen. Whalen speaks on location changes of people and businesses due to Coronavirus. Not only are business locations changing, but companies have been forced to move away from the “old way” of doing business and finally adapting to innovations in technology and communication. Whalen also gives a glimpse into his recent book and discusses the fed’s strategy to steer clear of deflationary times. Will we see consequences from the creation of money and bailouts?  Books: Inflated, How Money & Debt Built the American Dream  by R. Christopher Whalen Key Takeaways: [1:00] Jason talks about the recovery shapes: are we moving into a smaller economy? [5:00] Businesses going virtual. [9:20] Biden wants to kill the 1031 exchange.  [15:00] Could Biden use the elimination of the 1031 exchange as a way of embarrassing Trump?   R. Christopher Whalen [21:00] Not only are people leaving big cities, like NYC, because of COVID-19, but large companies are also looking to move so that they can relocate the people that work within them.   [23:30] Coronavirus has forced businesses to move out of “the old way.” [27:50] A brief history of banking, from Abraham Lincoln to present. [30:20] Before the creation of The Fed, J.P. Morgan was essentially the central bank.  [32:00] Whalen breaks down how he differentiates between inflated as he puts it and inflation.  [37:15] Will we see any consequences from the creation of money and bailouts? [38:00] Quantitative Easing: central banks buy government bonds or other financial assets to inject money into the economy to expand its activity.  Websites: www.rcwhalen.com/ JasonHartman.com/Asset JasonHartman.com/Webinar www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN

Francisco Solorzano | Actor, Director, Filmmaker, Father to Mateowww.franciscosolorzano.comFrancisco is an award winning filmmaker and actor who most notably wrote, directed and starred in the critically acclaimed, first ever stage adaptation of DOG DAY AFTERNOON (Theatre Row Theatres). He's also known for his leading role in the two-act drama, SINS OF THE MOTHER (developed w/ Ethan Hawke, Chris Cooper, Bobby Cannavale, and Michael Stuhlbarg). Francisco has acted in and directed many productions with prolific companies such as The Flea Theatre, 59E59, INTAR, The New Ohio, LAByrinth, Rattlestick, Dixon Place, HERE Arts, Florida Stage, EST, Orlando Shakes, Stella Adler Theater, Art of Acting Studio in LA and many others. He has led the Barefoot Theatre Company as Founder/Producing Artistic Director for the past 18 years as well as co-founding the sister co., Barefoot Studio Pictures (recipient of several awards). Proud member of The Actors Studio's Playwright/Directors Unit, Actor's Equity Association and SAG-AFTRA, Francisco currently splits his time between Brooklyn, NY and Hollywood, CA.SELECT FILM: Cyclone (Austin Chang), Lesson #9 (w/ Olga Merediz), The Riverside Bench (Austin Chang, Dir.); Lesson # 1 (w/ Shirley Rumierk; Alberto Ferreras, Director); Leash (Jennifer Derwingson, director), Love Simple (HBO Latino Film Festival), Between Something & Nothing (Berlin Film Festival), with Barefoot Studio Pictures, THE GIRL WITH THE JACKET written and directed by Caitlin FitzGerald, award winning FLOATING SUNFLOWERS (also dir.) w/ Anna Chlumsky, Lynn Cohen & Christopher Whalen. Most recently wrote and directed A NORTHERN STAR starring Lynn Cohen, Mateo Solorzano and the Barefoot Theatre Company Ensemble (Best Short Film at Barcelona International Film Fest; Best Screenplay Semi-Finalist at Hollyshorts Film Festival). Currently developing the short film, CONSENT as screenwriter (Finalist/Semi-Finalist Screenplay competition: HollyShorts Film Festival, LA Cinefest, Reel Erotic Film Festival). Training: Lee Strasberg Theater Institute, HB Studio, LAByrinth Theater Company; Advanced On-Camera Classes with Risa Bramon Garcia; Lyle Kessler's Acting Masterclass. BFA in Acting: CUNY. Recipient of the Brooklyn College Department of Theater Alumnus of the Year Award.

'Ford Men' at Amazon: https://www.amazon.com/Ford-Men-Inspiration-Christopher-Whalen/dp/162129188X See more 'Cotto/Gottfried' episodes here: https://www.youtube.com/channel/UC-Pa5w_YWKYQPq-9Haak9gg/

A conversation with Francisco Solorzano on acting and building a business around your craft. Francisco is an award winning filmmaker, actor who most notably wrote, directed and starred in the critically acclaimed/sold-out, first ever stage adaptation of DOG DAY AFTERNOON (Theatre Row Theatres). He's also known for his leading role in the two-act drama, SINS OF THE MOTHER (developed w/ Ethan Hawke, Chris Cooper, Bobby Cannavale, and Michael Stuhlbarg). Francisco has acted in and directed many productions with prolific companies such as The Flea Theatre, 59E59, INTAR, The New Ohio, LAByrinth, Rattlestick, Dixon Place, HERE Arts, Florida Stage, EST, Orlando Shakes, Stella Adler Theater, Art of Acting Studio in LA and many others. He has led the Barefoot Theatre Company as Founder/Producing Artistic Director for the past 18 years as well as co-founding the sister co., Barefoot Studio Pictures (recipient of several awards). Proud member of The Actors Studio's Playwright/Directors Unit, Actor's Equity Association and SAG-AFTRA. Film work includes The Riverside Bench (Austin Chang, Dir.); Lesson # 1 (w/ Shirley Rumierk; Alberto Ferreras, Director); Leash (Jennifer Derwingson, director), Love Simple (HBO Latino Film Festival), Between Something & Nothing (Berlin Film Festival), with Barefoot Studio Pictures, THE GIRL WITH THE JACKET written and directed by Caitlin FitzGerald, award winning FLOATING SUNFLOWERS (also dir.) w/ Anna Chlumsky, Lynn Cohen & Christopher Whalen. Most recently wrote and directed A NORTHERN STAR starring Lynn Cohen, Mateo Solorzano and the Barefoot Theatre Company Ensemble (Best Short Film at Barcelona International Film Fest; Best Screenplay Semi-Finalist at Hollyshorts Film Festival). Currently developing the short film, CONSENT as screenwriter (Finalist/Semi-Finalist Screenplay competition: HollyShorts Film Festival, LA Cinefest, Reel Erotic Film Festival).

Christopher Whalen, Chairman of Whalen Global Advisors LLC and publisher of 'The Institutional Risk Analyst' joins Sprott Media's Remy Blaire at the NASDAQ MarketSite. Whalen weighs in on the "boom and bust" of industries as he considers the implications of the Federal Reserve's normalization of monetary policy.

Christopher Whalen, Chairman of Whalen Global Advisors LLC and publisher of 'The Institutional Risk Analyst' joins Sprott Media's Remy Blaire at the NASDAQ MarketSite. Whalen weighs in on the "boom and bust" of industries as he considers the implications of the Federal Reserve's normalization of monetary policy.

Are you confident about America's future or has your personal financial "recovery" failed to occur?  Is this a time to invest or hold your cash more closely?  Is the American auto industry doomed to die a slow death due to automation and technology? Today Teresa talks with author,consultant, investment banker, and Wall Street insider Christopher Whalen about the future of the American economy.  Christopher Whalen provides investment banking and consulting services to institutional investors and corporate clients around the globe.  By combining an understanding of financial institutions, markets and the world of investment, housing finance and credit analysis, he helps clients to understand the risks and opportunities that exist today and enables them to achieve their future goals. From his website: (https://www.rcwhalen.com) Richard Christopher Whalen is an investment banker and author who lives in New York City. He is Chairman of Whalen Global Advisors LLC and focuses on the financial services, mortgage finance and technology sectors. Christopher is a member of FINRA and is associated with Bradley Woods & Co in New York. From 2014 through 2017, Christopher was Senior Managing Director and Head of Research at Kroll Bond Rating Agency, where he was responsible for ratings by the firm’s Financial Institutions and Corporate Ratings Groups. He was a co-founder and principal of Institutional Risk Analytics from 2003 through 2013. Over the past three decades, Chris worked as a writer and financial professional in Washington, New York and London. He has held positions in organizations such as the House Republican Conference Committee, the Federal Reserve Bank of New York, Bear, Stearns & Co., Prudential Securities, and Carrington Mortgage Holdings. 

In this edition of Real Conversations, Hedgeye CEO Keith McCullough welcomes Christopher Whalen, chairman of Whalen Global Advisors, in an extensive discussion ranging from his newly-released book Ford Men, a study of Ford Motor Co and the Ford family, to a host of important financial market issues affecting investors.

In this show, we talk to the brilliant Christopher Whalen about his new book titled, Ford Men. Whalen provides profound research into the ultimate success of the Ford Motor Company.Click here to get full access to our show notes.In this episode, you'll learn: How Henry Ford almost destroyed his company several timesHow Henry Ford closed down the entire banking system in the USWhy the product launch of the Ford Edsel in 1958 is still considered the best marketing case todayTwo takeaways from Ford Motor Company that all business owners should know

My Guest today is Christopher Whalen. Chrsitopher is a Wall Street insider who understands the intersection of politics and finance, and is known for telling his readers the truth.  He has worked in politics, at the Federal Reserve Bank of New York and as an investment banker for more than 30 years.  Considered one of the most incisive and thoughtful financial analysts on Wall Street, Christopher coverers a wide range of subjects from banking to housing to global economics and the Federal Reserve.  He is the author of three books Inflated (2010), Financial Stability (2014) and Ford Men (2017).  Christopher publishes the blog “Washington & Wall Street” and contributes to many other publications and appears in media outlets including CNBC, Bloomberg and The Wall Street Journal. Share your thoughts with me on Twitter @mclaubscher and Instagram @cashflowninjapodcast Click To Tweet: Ford Men, From Inspiration to Enterprise With Christopher Whalen If you have enjoyed our podcast, please share with friends and family Please Subscribe, Rate, and Review on Itunes so more people can find us! so more people can find us! Interview Links: www.rcwhalen.com Recommended Reading: Ford Men: From Inspiration to Enterprise by R. Christopher Whalen Support Our Sponsors Joint Ops Properties, have designed a system to take any beginner to an experienced deal making investor in the least amount of time, offering opportunities from basic education, coaching, bridge investing to turn-key investments in the cash flowing market of St. Louis, MO. www.jointopsproperties.com International Coffee Farms, Sustainable Income Through Offshore Sustainable Agriculture www.internationalcoffeefarms.com Audible, download any audio book for FREE when you try Audible for 30 days  www.cashflowninjabook.com Thanks so much for joining me again this week. Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the bottom of the post! Also, please leave an honest review for the Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates, please follow me on twitter @mclaubscher and instagram, @cashflowninjapodcast. Until next time! Live a life of passion and purpose on YOUR terms, M.C. Laubscher

Christopher Whalen returns to discuss the state of global banks, American residential real estate, and the global auto market. His new book, Ford Men, is available now on Amazon.com About the guest Christopher provides strategic advisory and consulting services to institutional investors and corporate clients around the globe.  By combining an understanding of financial institutions, markets and regulation with more than three decades of experience in the world of investment, housing finance and credit analysis, Whalen helps clients to understand the risks and opportunities that exist today and enables them to achieve their future goals. Whalen is a world-class speaker. Straight talking, always informative, insightful and engaging. He will be the highlight of any event, conference or meeting.  Let him do what he does best: give people the benefit of his experience, insights and extraordinary ability to see beyond the "noise" in the global marketplace to understand the true opportunities and pitfalls facing us all. About the host Albert Lu (@AlbertKLu) is the President & CEO of Sprott US Media and an Investment Adviser Representative with Sprott Asset Management USA in Carlsbad, California. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Christopher Whalen returns to discuss the state of global banks, American residential real estate, and the global auto market. His new book, Ford Men, is available now on Amazon.com About the guest Christopher provides strategic advisory and consulting services to institutional investors and corporate clients around the globe.  By combining an understanding of financial institutions, markets and regulation with more than three decades of experience in the world of investment, housing finance and credit analysis, Whalen helps clients to understand the risks and opportunities that exist today and enables them to achieve their future goals. Whalen is a world-class speaker. Straight talking, always informative, insightful and engaging. He will be the highlight of any event, conference or meeting.  Let him do what he does best: give people the benefit of his experience, insights and extraordinary ability to see beyond the "noise" in the global marketplace to understand the true opportunities and pitfalls facing us all. About the host Albert Lu (@AlbertKLu) is the President & CEO of Sprott US Media and an Investment Adviser Representative with Sprott Asset Management USA in Carlsbad, California. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

In the 1980s, you could get double digit returns on your savings. Interest rates were that high.  That said, inflation was out of control as well so the real value of earnings might not be as attractive as it is at first glance but certainly better than today. Today’s economy punishes savers be eroding there […] The post 043: Inflated: How Money and Debt Built the American Dream-Christopher Whalen appeared first on Wealth Formula.

Jason Burack of Wall St for Main St interviewed returning guest, investment banker, financial analyst, bond analyst, credit analyst, bank analyst & author, Christopher Whalen http://www.rcwhalen.com/ Chris is considered one of the top bank & credit analysts in the US. Follow Chris on Twitter @rcwhalen https://twitter.com/rcwhalen Chris is also Head of Research at Kroll Bond Rating Agency in New York. https://www.krollbondratings.com/about-us/bios/detail/christopher-whalen Christopher is the author of the 2010 book, Inflated: How Money and Debt Built the American Dream, now in its second edition from John Wiley & Sons. Christopher co-authored a book with veteran securities counsel Frederick Feldkamp in 2014 entitled Financial Stability: Fraud, Confidence & the Wealth of Nations published by John Wiley & Sons. His new book project is entitled Ford Men: From Inspiration to Enterprise, a study of Ford Motor Co and the Ford family that spans the history of 20th Century America, starting with the great inventor in the early 1900s and going through to the present day. Available in Q1 2017. Chris' Amazon page of books he has written: https://www.amazon.com/R.-Christopher-Whalen/e/B004F9DITC/ "The real division is not between conservatives and revolutionaries, but between authoritarians and libertarians." -George Orwell Jason starts off the interview by asking Chris if he thinks the Dodd-Frank bank regulations after the 2008 financial crisis have helped fuel a new commercial real estate bubble like Danielle DiMartino Booth has suggested http://dimartinobooth.com/commercial-real-estate-towers-gold-pillars-salt/. Jason and Chris discuss the European banking crisis, Deutsche Bank and also the history of Ford Motor Company and whether Tesla Motors will succeed and become the top automobile company?

Christopher Whalen, senior managing director and head of research at Kroll Bond Rating Agency, discusses the sorry state of European banks, the missteps by European Union regulators and the potential ramifications for financial institutions in the U.S.

Christopher Whalen is co-founder of Institutional Risk Analytics, a unit of Lord, Whalen LLC, the Los Angeles based provider of bank ratings, risk management tools and consulting services for auditors, regulators and financial professionals. He leads IRA's risk advisory practice and consults for global companies on a variety of financial and regulatory issues. Christopher is the author of the new book, 'Inflated: How Money and Debt Built the American Dream.' Christopher currently edits The Institutional Risk Analyst, a weekly news report and commentary on significant developments in and around the global financial markets. He also contributes articles on the Reuters and Zero Hedge web sites. Christopher has testified before the Congress and the Securities and Exchange Commission on a range of financial and other issues. Christopher is a Fellow of the Networks Financial Institute at Indiana State University.

April 2011 featuring Peter Van Doren, Jerry Taylor, Christopher Whalen, Tim Lynch, Justin Logan, Walter Olson, Sen. Rand Paul See acast.com/privacy for privacy and opt-out information.