Podcast appearances and mentions of David Simon

American author, journalist, and television writer and producer

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Latest podcast episodes about David Simon

Health Affairs This Week
Where Tariffs and Health Care Meet w/ David Simon

Health Affairs This Week

Play Episode Listen Later Apr 11, 2025 15:25 Transcription Available


Subscribe to UnitedHealthcare's Community & State newsletter.Health Affairs' Jeff Byers welcomes David Simon from The University of Connecticut to the program to discuss the recent news that the Trump administration implemented reciprocal tariffs on imported goods and what this could mean for the health care industry.Become an Insider today to never miss out on David Simon's exclusive newsletter, Economic Intersections.Insiders can join us April 23 for an exclusive virtual event exploring site-neutral payments with health economist and health services researcher Brady Post of Northeastern University and Health Affairs' Meg Winchester.Order the April 2025 theme issue of Health Affairs focusing on food, nutrition, and health.And, join Health Affairs April 29 for a free and open for all virtual event featuring a conversation between consumer advocate, nutritionist, and award-winning author Marion Nestle of New York University and Angela Odoms-Young of Cornell University. Subscribe to UnitedHealthcare's Community & State newsletter.

PEP with Chas and Dr Dave
FLIGHT CLUB! PEP with Chas & Melina Wicks (Ep 202, 21 Mar)

PEP with Chas and Dr Dave

Play Episode Listen Later Mar 21, 2025 210:54


Chas & Melina Wicks discuss America's Most Dangerous Tattoo Parlour, An Invasion Of Farts, and TB Or Not TB? 0:00 - Introducing: Melina Wicks1:41 - Grateful (Audio Articles, Countdown)7:43 - Correspondence (Games, Eagle Nest, Stablecoins, NOAA, Musk, AFD)31:19 - Schumer Shutdown1:03:22 - More Schumer - Dem's Anger + Consequences1:17:31 - Biden's Autopen1:28:94 - Trump's Senility Evidence?1:43:20 - Bonus Grateful (I'm The Final Boss)1:46:56 - USAID & DOGE + Eagle2:11:59 - Alien Enemies Act2:58:54 - Unleashed (More Alien Enemies Act)MUST-WATCH HOMEWORK: Move Aside! I'm The Final Bosshttps://bitly.cx/c37XcSHOW LINKS:*Chat with the PEPpers on the Discord ServerTHE (UPDATED) DR DAVE BOOK CLUB MASTERLIST: Geoffrey Blainey - The Causes Of War (Mentioned 43:49, Ep 198)Margaret Levi - Of Rule And Revenue (Mentioned 1:11:16, Ep 195)Margaret Levi - Consent, Dissent, and Patriotism (Mentioned 1:11:16, Ep 195)Sayaka Murata - Convenience Store Woman (Mentioned 2:14, Ep 194)Sid Meier - Sid Meier's Memoir! (Mentioned 16:30, Ep 178)David Simon & Ed Burns - The Corner (Mentioned 8:40, Ep 178)Maurice O. Wallace - King's Vibrato (Mentioned 14:26, Ep 164)Edward S. Herman and Noam Chomsky - Manufacturing Consent - (Mentioned 32:12, Ep 164)Robert Plunket - My Search For Warren Harding (Mentioned 1:49:12, Ep 158)Ian Lambot & Greg Girard - City of Darkness Revisited (Mentioned 39:25, Ep 157)Max Chafkin - The Contrarian (Mentioned 32:18, Ep 155)Claire Conner - Wrapped In The Flag (Mentioned 31:42, Ep 155) Rita Abrahamsen, Mike Williams et al - Global Right (Mentioned 31:12, Ep 155)Philip Gorski and Samuel Perry - The Flag And The Cross (Mentioned 30:49, Ep 155)Cynthia Miller-Idriss - Hate In The Homeland (Mentioned 30:10, Ep 155) Hosted on Acast. See acast.com/privacy for more information.

Gente Interesante
¿Por qué la Prohibición de Drogas FRACASA? | Oscar Parés

Gente Interesante

Play Episode Listen Later Mar 14, 2025 140:17


Oscar Parés, experto en políticas de drogas, CEO del la Clínica Synaptica y subdirector de ICEERS, revela las raíces históricas de la prohibición global y cómo esta política ha servido como mecanismo de control social. Desde las Guerras del Opio hasta la ley seca en Estados Unidos, analiza cómo la fiscalización de sustancias responde a intereses políticos y no a criterios de salud pública.En esta fascinante entrevista, descubrirás:* Por qué solo hay tres plantas prohibidas a nivel mundial* Cómo la prohibición genera drogas más potentes y peligrosas* Qué países están liderando el cambio hacia modelos de regulación* El renacimiento de los psicodélicos como tratamiento para la salud mentalUna conversación reveladora que desafía todo lo que creías saber sobre las drogas y propone un nuevo enfoque basado en la evidencia científica y los derechos humanos.

Beyond the Page: The Best of the Sun Valley Writers’ Conference
Dennis Lehane: Confessions of a Novelist Turned TV Showrunner

Beyond the Page: The Best of the Sun Valley Writers’ Conference

Play Episode Listen Later Mar 6, 2025 30:53


In this episode, recorded live at the 2024 Writers Conference, I sit down with bestselling crime novelist and TV writer/producer DENNIS LEHANE for a lively, wide-ranging conversation about how he approaches writing books vs. television scripts, his advice for writing true crime stories, as well as his journey developing his two latest AppleTV limited series, Black Bird and the upcoming Firebug, both starring Taron Egerton. Lehane is that rare novelist who has found acclaim and a large audience both in fiction and on the screen. A handful of his novels have been made into excellent films – Mystic River, Gone Baby Gone, and Shutter Island, to name a few – and in recent years he has become a much in-demand television creator and showrunner, a role that first began for him two decades ago, when he joined the now-famous Season 4 writers room on David Simon's iconic show The Wire. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bagels and Blessings
David Simon-2 Interview

Bagels and Blessings

Play Episode Listen Later Jan 26, 2025


David Simon is an educator whose goal is to bring the Bible and its stories to life for his readers. He grew up in a Jewish family where his parents and teachers shared the importance of living a life that honors God. David's interest in spiritual matters led him to pursue an education. He earned a master's degree in history and religion. David lives in North Carolina and shares his love for God throughout the United States and beyond. He is the author of five books: Spring: Connecting with God; A Christian Passover in the Jewish Tradition; Advent Journeys; Israel: Stories for Your Journey; and The Case of the Missing Body. He expects to publish a new book, John's Apocalypse soon.

Script Apart
The Wire with David Simon

Script Apart

Play Episode Listen Later Jan 3, 2025 69:02


We're starting 2025 way down in the hole, with a look back on one of the undisputed great TV series of our time. Our guest today is a storyteller responsible for shows like Treme, Generation Kill, The Deuce, The Plot Against America and We Own This City, but best known of course for The Wire – a show that began at a crime scene, with blood splattered across granite, police lights painting the pavement red, white and blue. It was here that audiences first met Detective McNulty, played by Dominic West, chatting with a murder witness. A kid had been killed for trying to rob a dice game – a stunt he tried to pull often. Usually, the kid in question, named Snot Boogie, got away with just a beating. This time, not so lucky. “I gotta ask you,” McNulty asks the witness. “If Snot always stole the money, why'd you always let him play?” The witness sighs, and the camera cuts to Snot's motionless body, gazing towards us from the floor. “Got to,” replies the witness. “This is America.”That line was the first clue that The Wire wasn't going to be like other television series. David wanted this police procedural, informed by his own experiences reporting on crime in the area as a journalist for the Baltimore Sun, to be more than another show about cops and criminals; it was to offer a microcosm of America itself. The Wire won no awards. Just 70,000 people tuned into the show's final episode, capping five critically and commercially overlooked seasons in 2008. Its creator didn't watch TV – David, in fact, pretty much hated the medium. And yet, The Wire has become recognised as one of the most important pieces of American pop culture of the millennium so far: a novelistic cross section of the Land of the Free, that bloomed from a tale about a phone-tapping team of lawmakers into an interrogation of media, education and everything in between.The spoiler conversation you're about to hear is a window into everything that is possible in the medium of television – and everything that's perhaps wrong with it right now, too. David was really candid about his struggles to get new work off the ground and onto screens in 2025 despite the enormous influence of The Wire. You'll hear how McNulty came to be, the real-life inspirations behind the show's most iconic character Omar, how far western society has come in addressing the systemic problems exposed in The Wire (spoiler alert: not very) and much, much more. And you'll also discover the lost season of The Wire that David devised, but that never made it to air.Script Apart is hosted by Al Horner and produced by Kamil Dymek. Follow us on Instagram, or email us on thescriptapartpodcast@gmail.com.Support for this episode comes from ScreenCraft, Final Draft, Creative Command and WeScreenplay.To get ad-free episodes and exclusive content, join us on Patreon.Support the show

W2M Network
Sessions: Radulich In Broadcasting - The Album (Track 4)

W2M Network

Play Episode Listen Later Dec 9, 2024 83:46


Tonight on Sessions, Mark Radulich and Jesse Starcher take creativity to the next level by crafting a new song using Suno.AI and lyrics inspired by ChatGPT. This ode will capture Mark's enduring 20-year habit of referencing The Wire in nearly every podcast, a testament to his belief that it's the greatest show in television history.The duo previously explored The Wire in their series, "From the Corner to the Deuce: The Great Works of David Simon," where they reviewed all five seasons of the groundbreaking series. Now, they'll channel their admiration (and obsession) into a track that celebrates the legacy of David Simon's masterpiece and Mark's unrelenting passion for it.Don't miss this unique blend of music, fandom, and podcast history as Mark and Jesse turn one of TV's finest works into lyrical gold!Disclaimer: The following may contain offensive language, adult humor, and/or content that some viewers may find offensive – The views and opinions expressed by any one speaker does not explicitly or necessarily reflect or represent those of Mark Radulich or W2M Network.Mark Radulich and his wacky podcast on all the things:https://linktr.ee/markkind76alsohttps://www.teepublic.com/user/raduli...FB Messenger: Mark Radulich LCSWTiktok: @markradulichtwitter: @MarkRadulichInstagram: markkind76RIBN Album Playlist: https://suno.com/playlist/91d704c9-d1...

Design Better Podcast
Adam Moss: The Work of Art

Design Better Podcast

Play Episode Listen Later Nov 6, 2024 48:13


We're students of the creative process, and so is Adam Moss, author of The Work of Art: How something comes from nothing. Formerly the editor-in-chief of New York magazine, these days Moss is on a quest in his studio to understand painting and through it the mysteries of the act of creation.  Questions about why people create—and the diversity of process across mediums—led Adam to write his book, which features interviews with a host of inspiring folks. Kara Walker, Tony Kushner, Sofia Coppola, Stephen Sondheim, Barbara Kruger, Ira Glass, Samin Nosrat, Marc Jacobs, David Simon, and many more share their approach to the work they do in the book.  We talk with Adam about the red threads that run through such varied creative expressions, finding the right creative partners, how to feed creativity, and how his own work has been influenced by his investigation into how creativity unfolds.  Visit our Substack for bonus content and more: https://designbetterpodcast.com/p/adam-moss Bio Adam Moss was the editor of New York magazine, The New York Times Magazine, and 7 Days. As editor of New York, he also oversaw the creation of five digital magazines: Vulture, The Cut, Daily Intelligencer, Grub Street, and The Strategist. During his tenure, New York won forty-one National Magazine Awards, including Magazine of the Year. He was an assistant managing editor of The New York Times with oversight of the Magazine, the Book Review, and the Culture, and Style sections, as well as managing editor of Esquire. He was elected to the Magazine Editors' Hall of Fame in 2019. *** Premium Episodes on Design Better This ad-supported episode is available to everyone. If you'd like to hear it ad-free, upgrade to our premium subscription, where you'll get an additional 2 ad-free episodes per month (4 total). Premium subscribers also get access to our monthly AMAs with former guests, ad-free episodes, early and discounted access to workshops, and our new enhanced newsletter The Brief that compiles salient insights, quotes, readings, and creative processes uncovered in the show.   Upgrade to paid *** Visiting the links below is one of the best ways to support our show: Wix Studio: With Wix Studio, agencies and enterprises can create, develop and manage exceptional web projects with hyper efficiency. And if you're worried about the learning curve eating into time you don't have, don't be. Wix Studio is intuitive by design, so your entire team can hit the ground running. For your next project, check out wixstudio.com. Wine Access: We love wine, but often feel overwhelmed by the options out there. But we recently joined Wine Access who not only ship to your door some of the world's most inspiring wines, they also educate subscribers with full color information cards that accompany each bottle. You should totally join The Waitlist Wine Club. Just visit wineaccess.com/waitlist and use Promo Code: DESIGNBETTER for $25 off your first shipment. Learn more about your ad choices. Visit megaphone.fm/adchoices

Subliminal Jihad
[#211] THE LAND BELONGS TO WHOM IT BELONGS, Part 12: Infernal Mandates, 1918-1922

Subliminal Jihad

Play Episode Listen Later Sep 21, 2024 205:49


After an extended intermission, Dimitri and Khalid resume THE LAND BELONGS TO WHOM IT BELONGS and embark on a deep examination of the British Mandate in Palestine. We start with a close reading of epic TV showrunner David Simon's recent anti-Irish, anti-mook screeds about DA MUFTI and other Zionist tropes concerning the Mandate period, followed by some theoretical framing from “A Discourse on Domination in Mandate Palestine: Imperialism, Property and Insurgency” by Zeina Ghandour, the problem of epistemicide, Pete Shambrook's “Policy of Deceit”, British perfidy and gaslight diplomacy towards Faisal and the Arabs after World War One, sus Woodrow Wilson's Fourteen Points (attempt to outflank Lenin), clever manipulation of antiquities laws to slander/erase the legacy of Ottoman rule, the Jewish Agency's COINTELPRO/Mockingbird-tier espionage activities, and more. For access to premium SJ episodes, upcoming installments of DEMON FORCES, live call-in specials, and the Grotto of Truth Discord, become a subscriber at patreon.com/subliminaljihad.

Shite Talk: An Irish History Podcast
David Simon talks about The Big Fella (Patreon Preview)

Shite Talk: An Irish History Podcast

Play Episode Listen Later Sep 19, 2024 16:52


Hello! A few weeks ago David Simon (of the Wire fame) went on a big twitter rant about Michael Collins and how he would have figured in to the Israel / Palestine conflict. We recorded a short episode of us reading / reacting to Simon's tweets and if you'd like to hear the rest of it, it's over on Patreon.You can read the original twitter thread here.You can follow Shite Talk on Instagram (and now TikTok) to see clips from each episode, and you can find tickets for our upcoming LIVE SHOW here:30th January 2025 - Laughter Lounge, Dublin...

La ContraCrónica
El ContraPlano - The Burial

La ContraCrónica

Play Episode Listen Later Sep 13, 2024 44:57


En la edición de hoy de El ContraPlano, el espacio dedicado al cine dentro de La ContraCrónica, los contraescuchas nos traen los siguientes títulos: 0:00 Introducción 2:40 "The Burial” (2023) de Maggie Betts - https://www.primevideo.com/detail/The-Burial/0HX9WCDSYBBK2O22RXPHKWVO74 21:11 "The Wire" [serie] (2002-2008) de David Simon - https://amzn.to/4enBCSx 38:56 «Robot Dreams» (2023) de Pablo Berger - https://amzn.to/3B3SDCY Consulta en La ContraFilmoteca la selección de las mejores películas de este espacio - https://diazvillanueva.com/la-contrafilmoteca · “La ContraHistoria de España. Auge, caída y vuelta a empezar de un país en 28 episodios”… https://amzn.to/3kXcZ6i · “Lutero, Calvino y Trento, la Reforma que no fue”… https://amzn.to/3shKOlK · “La ContraHistoria del comunismo”… https://amzn.to/39QP2KE Apoya La Contra en: · Patreon... https://www.patreon.com/diazvillanueva · iVoox... https://www.ivoox.com/podcast-contracronica_sq_f1267769_1.html · Paypal... https://www.paypal.me/diazvillanueva Sígueme en: · Web... https://diazvillanueva.com · Twitter... https://twitter.com/diazvillanueva · Facebook... https://www.facebook.com/fernandodiazvillanueva1/ · Instagram... https://www.instagram.com/diazvillanueva · Linkedin… https://www.linkedin.com/in/fernando-d%C3%ADaz-villanueva-7303865/ · Flickr... https://www.flickr.com/photos/147276463@N05/?/ · Pinterest... https://www.pinterest.com/fernandodiazvillanueva Encuentra mis libros en: · Amazon... https://www.amazon.es/Fernando-Diaz-Villanueva/e/B00J2ASBXM #FernandoDiazVillanueva #thewire #theburial Escucha el episodio completo en la app de iVoox, o descubre todo el catálogo de iVoox Originals

Jury Duty: The Trial of Robert Durst
S8 E195: The Trial of Alex Murdaugh: Closing Arguments — Part 3

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 29, 2024 84:43


In Closing Arguments — Part 3, we conclude our look at the Jim Griffin's summation for the defense and we present our coverage of John Meadows rebuttal closing argument for the State.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E194: The Trial of Alex Murdaugh: Closing Arguments — Part 2

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 28, 2024 77:41


In Closing Arguments — Part 2, we conclude our coverage of the State's closing argument in the trial, and we begin our look at the defense team's summation.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E193: The Trial of Alex Murdaugh: Closing Arguments — Part 1

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 27, 2024 82:30


In Closing Arguments — Part 1, we begin our review of closing arguments in the case. Specifically we offer the first part of the prosecution's closing. Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E192: The Trial of Alex Murdaugh: The State's Rebuttal Case

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 26, 2024 15:26


In The State's Rebuttal Case, we offer a narrative overview of the testimonies of each of the rebuttal witnesses presented by the state to respond to testimony and evidence offered by the defense witnesses. Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E191: The Trial of Alex Murdaugh: The Defendant's Brother — Part 3

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 23, 2024 47:39


In The Defendant's Brother — Part 3, we conclude our review of the testimony of the defendant's brother, John Marvin Murdaugh.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E190: The Trial of Alex Murdaugh: The Defendant's Brother — Part 2

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 22, 2024 41:05


In The Defendant's Brother — Part 2, we continue our review of the testimony of the defendant's brother, John Marvin Murdaugh.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E189: The Trial of Alex Murdaugh: The Crime Scene Reconstruction Expert — Part 2 and the Defendant's Brother — Part 1

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 21, 2024 47:43


In The Crime Scene Reconstruction Expert — Part 2 and the Defendant's Brother — Part 1, we conclude our review of the testimony of Crime Scene Reconstruction Expert, Tim Palmbach and we begin our look at the direct examination of the defendant's brother, John Marvin Murdaugh.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E188: The Trial of Alex Murdaugh: Forensic Pathologist — Part 3 and the Crime Scene Reconstruction Expert — Part 1

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 20, 2024 44:12


In Forensic Pathologist — Part 3 and the Crime Scene Reconstruction Expert — Part 1 we conclude our review of the testimony of the defense team's forensic pathology expert, Dr. Jonathan Eisenstat. We also begin our look at the direct examination of Crime Scene Reconstruction Expert, Tim Palmbach.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E187: The Trial of Alex Murdaugh: Forensic Pathologist — Part 2

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 19, 2024 50:24


In Forensic Pathologist — Part 2 we continue our review of the testimony of the defense team's forensic pathology expert, Dr. Jonathan Eisenstat.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Fresh Air
Police Procedural 'Homicide' (Finally) Comes To Streaming

Fresh Air

Play Episode Listen Later Aug 16, 2024 46:36


Homicide: Life on the Streets, the critically acclaimed police procedural set in Baltimore, is coming to streaming (Peacock) for the first time. The show, which ran for seven seasons, is based on a book by David Simon, from before he created The Wire. In an appreciation of the show, we're listening back to interviews with some of the people behind it: Executive producer and writer Tom Fontana, actor Andre Braugher, and actor Clark Johnson.And film critic Justin Chang reviews Alien: Romulus.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Jury Duty: The Trial of Robert Durst
S8 E186: The Trial of Alex Murdaugh: Alex Testifies — Part 11 — “I Intended for Him to Shoot Me and I Intended To Be Gone” and Forensic Pathologist — Part 1

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 16, 2024 41:24


In “I Intended for Him to Shoot Me and I Intended To Be Gone” we conclude our review of Alex Murdaugh's testimony beginning with Jim Griffin's efforts to counter the prosecutor's argument that the defendant's motivation for lying was to coverup his guilt. Griffin seeks to use Murdaugh's testimony to convince the jury that the lies were side-effects to his addiction-fueled paranoia.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E185: The Trial of Alex Murdaugh: Alex Testifies — Part 10 — A Gotcha Moment?

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 15, 2024 45:49


In Alex Testifies — Part 10 — A Gotcha Moment? we conclude our review of Creighton Waters' cross-examination of Alex Murdaugh which culminates in the prosecutor posing a question to the defendant that seeks to undermine his explanation for lying about the fact that he was with his wife and son just before they were killed.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E183: The Trial of Alex Murdaugh: Alex Testifies — Part 8 — “Am I a Busy Bee?”

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 13, 2024 47:49


In Alex Testifies — Part 8 — “Am I a Busy Bee?” we review the section of Creighton Waters' cross-examination of Alex Murdaugh, during which the prosecutor asks the defendant about his activities during the period of time immediately before and after the killings. Waters also questions the defendant about the interview conducted by SLED Agents during the early morning hours after the murders.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E182: The Trial of Alex Murdaugh: Alex Testifies — Part 7 — “You were at the murder scene with the victims just minutes before they died, right?”

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 12, 2024 47:25


In Alex Testifies — Part 7 — “You were at the murder scene with the victims just minutes before they died, right?” we continue our look at Prosecutor Creighton Waters's questioning of the defendant in this trial, Alex Murdaugh. Waters zeroes in on details in the defendant's testimony about his actions in the moments before and after the murders are presumed to have been committed. Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E181: The Trial of Alex Murdaugh: Alex Testifies — Part 6 — “They're all people that I care about… And I did wrong by them.”

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 9, 2024 43:38


In Alex Testifies — Part 6 — “They're all people that I care about… And I did wrong by them.” we begin our review of Day 23 and resume our look at Prosecutor Creighton Waters's questioning of the defendant in this trial, Alex Murdaugh. Waters continues to explore examples of the Murdaugh's criminal behavior, including his theft of nearly $4 million in insurance proceeds from his former housekeeper's family. Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E180: The Trial of Alex Murdaugh: Alex Testifies — Part 5 — “I Took Money That Was Not Mine”

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 8, 2024 48:04


In Alex Testifies — Part 5 — “I Took Money That Was Not Mine” we continue our review of the cross-examination of the defendant in this trial, Alex Murdaugh. Prosecutor Creighton Waters seeks to get the defendant to acknowledge that his deceitful and larcenous behavior towards his clients was conscious and pre-meditated. Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E179: The Trial of Alex Murdaugh: Alex Testifies — Part 4 — “Do I Feel Like I Was Successful? No, sir, I don't.”

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 7, 2024 49:17


In Alex Testifies — Part 4 — “Do I Feel Like I Was Successful? No, sir, I don't.” we begin our review of the cross-examination of the defendant in this trial, Alex Murdaugh. Prosecutor Creighton Waters launches his questioning of Mr. Murdaugh by inquiring about the prominence of the defendant's family, and how Alex used that stature to his own personal advantage. Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E178: The Trial of Alex Murdaugh: Alex Testifies — Part 3 — “My Addiction is to Opiate Painkillers”

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 6, 2024 57:08


In Alex Testifies — Part 3 — “My Addiction is to Opiate Painkillers” we continue our review of the testimony of the defendant in this trial, Alex Murdaugh. In the conclusion to his direct examination of the defendant, Defense Attorney Jim Griffin asks him to explain his state of mind when he was confronted with financial irregularities by members of his former law firm.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E177: The Trial of Alex Murdaugh: Alex Testifies — Part 2 — Explaining the 911 Call

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 5, 2024 42:06


In Alex Testifies — Part 2 — Explaining the 911 Call, we continue our review of the testimony of the defendant in this trial, Alex Murdaugh. In his direct examination of the defendant, Defense Attorney Jim Griffin asks him to explain portions of the 911 call he made to police shortly after his self-described “discovery” of the bodies of his wife and son.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E176: The Trial of Alex Murdaugh: The Defendant Testifies — Part 1

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 2, 2024 47:58


In The Defendant Testifies — Part 1, we begin our review of the testimony of the defendant in this trial, Alex Murdaugh. Almost immediately in his direct examination of Mr. Murdaugh, Defense Attorney Jim Griffin elicits the defendant's admission that he lied when he told SLED agents that he was not with his wife and son near the Moselle road kennels shortly before they were murdered.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E175: The Trial of Alex Murdaugh: Alex Murdaugh's Rights and Nolan Tuten Testifies

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Aug 1, 2024 33:47


In Alex Murdaugh Is Read His Rights and Nolan Tuten Testifies, we begin our review of Day 21 of the trial, as Judge Clifton Newman advises Alex Murdaugh of his rights should he choose to testify at trial. We also examine the testimony of Nolan Tuten, a longtime friend of Buster and Paul Murdaugh.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E174: The Trial of Alex Murdaugh: Defense Digital Forensics Expert — Part 2

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 31, 2024 33:27


In Defense Digital Forensics Expert — Part 2, we conclude our look at the direct examination of digital forensics analyst, Micah Sturgis. We also review the prosecution's cross examination of the witness, as well as follow up questioning from both the defense and the state.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E173: The Trial of Alex Murdaugh: Housekeeper and Defense Digital Forensics Expert — Part 1

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 30, 2024 30:36


In Housekeeper and Defense Digital Forensics Expert — Part 1, we cover the testimony of the Murdaugh's Housekeeper Barbara Mixson and we begin our look at the direct examination of digital forensics analyst, Micah Sturgis.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E172: The Trial of Alex Murdaugh: Defense CSI — Part 3

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 29, 2024 28:51


In Defense CSI — Part 3, we conclude our review of the testimony of crime scene investigation expert, Kenneth Zercie.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E171: The Trial of Alex Murdaugh: Defense CSI — Part 2

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 26, 2024 33:51


In Defense CSI — Part 2, we continue our review of the testimony of crime scene investigation expert, Kenneth Zercie.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E170: The Trial of Alex Murdaugh: Boat Crash Lawyer and Defense CSI — Part 1

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 25, 2024 43:48


In Boat Crash Lawyer and Defense CSI — Part 1, we look at the testimony of Morris “Dawes” Cooke, a lawyer who represented Alex Murdaugh in the 2019 boat crash case. We also begin our review of the testimony of crime scene investigation expert, Kenneth Zercie.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E169: The Trial of Alex Murdaugh: Mark Ball — Part 4

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 24, 2024 34:01


In Mark Ball — Part 4, we conclude our look at the testimony of the defendant's friend and former law partner, Mark Ball.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E168: The Trial of Alex Murdaugh: Mark Ball — Part 3

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 23, 2024 31:08


In Mark Ball — Part 3, we begin our look at the cross examination of the defendant's friend and former law partner, Mark Ball, as prosecutor Creighton Waters seeks to use this defense witness's testimony as evidence against the defendant.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E167: The Trial of Alex Murdaugh: Mark Ball — Part 2

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 22, 2024 32:55


In Mark Ball — Part 2, we conclude our look at the direct examination of the defendant's friend and former law partner, Mark Ball, as defense attorney Jim Griffin questions the witness about his interactions with the defendant in the aftermath of the murders of Maggie and Paul.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E166: The Trial of Alex Murdaugh: Forensic Engineer — Part 6 and Mark Ball — Part 1

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 19, 2024 36:34


In Forensic Engineer — Part 6 and Mark Ball — Part 1, we conclude our review of the testimony of Forensic Engineer Mike Sutton and begin our look at the direct examination of the defendant's friend and former law partner, Mark Ball.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E165: The Trial of Alex Murdaugh: Forensic Engineer — Part 5

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 18, 2024 39:00


In Forensic Engineer — Part 5, we conclude our review of the cross examination of Forensic Engineer Mike Sutton by David Fernandez, as the prosecutor vigorously challenges the scope of the witness's expertise to reach his stated conclusions.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E164: The Trial of Alex Murdaugh: Forensic Engineer — Part 4

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 17, 2024 37:07


In Forensic Engineer — Part 4, we begin our review of the cross examination of Forensic Engineer Mike Sutton by David Fernandez, as the prosecutor guides Sutton through his own analysis of the crime scene and challenges the scope of the witness's expertise to reach his stated conclusions.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E163: The Trial of Alex Murdaugh: Forensic Engineer — Part 3

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 16, 2024 46:10


In Forensic Engineer — Part 3, we conclude our review of the direct examination of Forensic Engineer Mike Sutton by defense attorney Dick Harpootlian.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E162: The Trial of Alex Murdaugh: Forensic Engineer — Part 2

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 15, 2024 46:11


In Forensic Engineer — Part 2, we continue our review of the testimony of Forensic Engineer Mike Sutton, as defense attorney Dick Harpootlian questions the witness about his analysis of the evidence in the shooting of Maggie Muraugh.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E161: The Trial of Alex Murdaugh: Buster Murdaugh — Part 3 and Forensic Engineer — Part 1

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 12, 2024 32:32


In Buster Murdaugh — Part 3, we conclude our look at testimony of Alex Murdaugh's surviving son, Buster and begin our review of the testimony of Forensic Engineer Mike Sutton.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Jury Duty: The Trial of Robert Durst
S8 E160: The Trial of Alex Murdaugh: Buster Murdaugh — Part 2

Jury Duty: The Trial of Robert Durst

Play Episode Listen Later Jul 11, 2024 43:35


In Buster Murdaugh — Part 2, we conclude our review of Jim Griffin's direct examination of Buster Murdaugh, the defendant's surviving son.Crime Story Media has begun to migrate content from the CrimeStory.com website to our Patreon. For more of Crime Story and Jury Duty — including ad-free episodes of the upcoming season; Kary Antholis's Storyteller Interviews with ground-breaking, award-winning storytellers like David Simon and George Pelecanos; and all of our Amanda Knox Project opinion pieces and interviews— subscribe on Patreon for just $5 per month. Hosted on Acast. See acast.com/privacy for more information.

Get Rich Education
504: The Father of Reaganomics, David Stockman Joins Us: Ominous $100 Trillion Debt is Coming

Get Rich Education

Play Episode Listen Later Jun 3, 2024 48:39


We're joined by President Ronald Reagan's Budget Director, David Stockman. He tells us what real estate investors and everyday people need to know. Stockman served as Reagan's Director of Office, Management and Budget from 1981 to 1985. He tells us to expect higher inflation and interest rates for longer, maybe even the rest of the decade. Don't expect rate cuts for a long time. The US is moving toward an unsustainable debt situation, with $100T in public debt expected within twenty-five years. We have embedded deficits. Learn why the recession has been postponed. David also reveals what will inevitably pull the trigger to potentially start the recession. Hint: Household budgets. Pandemic stimulus programs gave citizens $3T. Half of it has now been spent. He was also one of the founding partners of Blackstone. David Stockman tells a story about President Reagan's personal touch with him. You can subscribe to David Stockman's Contra Corner for free here. Resources mentioned: David Stockman's Contra Corner For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.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 For advertising inquiries, visit: GetRichEducation.com/ad Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  GRE Free Investment Coaching: GREmarketplace.com/Coach 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 Keith's personal Instagram: @keithweinhold   Complete episode transcript:   Keith Weinhold (00:00:01) - Welcome to our Ivory Coast, Keith Whitehill. There are some dire warning signs for the future of our economy. We're joined by none other than the father of Reaganomics. To break it down with us. Today is late. President Ronald Reagan's budget director joins us. When is this perpetually postponed recession coming? Why? Inflation and high interest rates could carry on for the rest of the decade. And what it all means to your finances and real estate today on get Rich education.   Robert Syslo (00:00:34) - Since 2014, the powerful get Rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from past real estate, investing in the best markets without losing your time being a flipper or landlord. Show host Keith Wine, who writes for both Forbes and Rich Dad Advisors and delivers a new show every week. Since 2014, there's been millions of listeners downloads and 188 world nations. He has A-list show guests include top selling personal finance author Robert Kiyosaki. Get Rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener.   Robert Syslo (00:01:08) - Phone apps build wealth on the go with the get Rich education podcast. Sign up now for the get Rich education podcast or visit get Rich education.com.   Corey Coates (00:01:19) - 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 (00:01:35) - We're going to drive from Glen Burnie, Maryland, to Glen County, California and across 188 nations worldwide. I'm Keith Reinhold, and you're listening to get Rich education. We're going bigger picture this week before we talk to President Reagan's money guy in the white House. Understand that today's guest was also one of the founding partners of Blackstone, and they are in the real estate business. You're going to get a lot of deep, uniquely qualified insights today. And I'll tell you what's going on around here. Lately, things have been feeling awfully presidential between last week's program and now this week's program. Hey. Stars and stripes forever. Semper fi. Rah! Now, as the greatest detonation in the history of the world, how in the heck are we, as the United States, going to keep financing our debt now, you can think of a treasury, also known as a bond, as an IOU, as we take on debt to fund our government spending programs.   Keith Weinhold (00:02:42) - Really, what we do is issue then these IOUs to the rest of the world and then down the road. We need to pay back these IOU holders, treasuries, holders, whatever we've borrowed with interest on top of that. That's a really simple way to describe how it works. Think of a Treasury as an IOU. Well, we have $9 trillion in treasuries that need to be rolled over at higher interest rates just this year alone. Okay. Well, how does the market look for that sort of thing? Well, a lot like before you decide to sell a piece of real estate, you would want to know how that buyer's market looks. How is the buyer's market for us selling more treasuries, which is basically us issuing more IOUs? How is that world interest level in our treasuries? Well, this is a time when the world is selling treasuries. We're trying to get rid of them. Well, why would they buy more when we keep printing like crazy, debasing the dollars that they will eventually get their treasuries repaid in down the road? Case in point, China is down to just over 700 billion of treasuries that they're holding.   Keith Weinhold (00:04:01) - Well, they were 3 trillion not too long ago, more than four times that Russia and Iran sold all of their treasuries. Other countries are shedding them too, like Japan. It gets even worse than that because the number one holder of our own debt is our own fed. And then it gets even worse than that. Yet, because even our own fed is rolling treasuries off of their balance sheet. So who is going to finance this often irresponsible US spending the 10 trillion or $11 trillion every single year for the next ten years that we have obligations toward already, and it looks like all those are going to be at higher interest rates, too. Now, I am not telling you how to think about us as the United States, for example, sending foreign aid to multiple nations. That's up to you to decide whether it's Ukraine or the Middle East or Taiwan that gets political. And that is beyond the scope of GR. We are an investing show. What I'm saying is that backdrop that I just gave you, that's something that you need to take into consideration, is you weigh those foreign aid decision types.   Keith Weinhold (00:05:20) - Speaking of getting worse, do we at least have competent decision makers today? Now, as we'll talk to the father of Reaganomics here shortly, someone that served in an earlier era. Here's a clip from this era that really went viral lately, but it's apropos to play it here. This is Jared Bernstein today. He chairs President Joe Biden's Council of Economic Advisers. How much confidence does this instill? And remember, this guy chairs the economic advisers to today's president.   Jared Bernstein (00:05:56) - The US government can't go bankrupt because we can print our own money.   Voice (00:06:00) - Like you said, they print the dollar. So why? Why does the government even borrow?   Jared Bernstein (00:06:04) - Well, the, so the I mean, again, some of this stuff gets some of the language that the, some of the language and concepts are just confusing. I mean, the government definitely prints money and it definitely lends that money, which is why the government definitely prints money. And then it lends that money by, by selling bonds. Is that what they do? They they, the.   Jared Bernstein (00:06:34) - Yeah. They, they they sell bonds. Yeah. They sell bonds. Right. Because they sell bonds and people buy the bonds and lend them the money. Yeah. So a lot of times, a lot of times at least to my year with MMT, the, the language and the concepts can be kind of unnecessarily confusing. But there is no question that the government prints money and then it uses that money to so, yeah, I guess I'm just I don't, I can't really, I don't, I don't get it. I don't know what they're talking about.   Keith Weinhold (00:07:08) - Well geez. How's that for clarity and confidence from today's major decision makers on our economy? Gosh. Now, in my opinion, back in 2020, our government, they set up the wrong incentive structure to deal with the pandemic. Remember things like the PGP, the Paycheck Protection Program, remember mortgage loan forbearance and the eviction moratorium. See when that type of aid is given, well, then the result is that citizens don't learn that they need to keep some cash handy, and then that behavior that gets rewarded gets repeated in that behavior is handouts.   Keith Weinhold (00:07:53) - And then the expectation for more handouts. 56% of Americans don't even have $1,000 for an emergency expense. Well, see, they're not really incentivized to in the future. If in a crisis, everyone just gets another taxpayer funded handout, but then see those same people that got that handout get hurt in the long run. Anyway, with the longer run inflation that the handout created, don't let there be one day of austerity for the least prepared American, I guess. Instead, bail them out and add on to everyone's debt load, which you know that right there. That seems to be the playbook. Like that is the protocol of the day that is not responsible, in my view. Now, the minutes of the latest fed meeting, they said that some fed officials would be open to raising interest rates if inflation doesn't let up. I mean, that news alone that sent stocks plunging like they were riding the Tower of Terror, giving the Dow its worst day in a while. I'll discuss that more with the father of Reaganomics, David Stockman, today.   Keith Weinhold (00:09:01) - It's the kind of episode that can stretch your thinking here. Now, what is Reaganomics? Well, one thing that you should know is that it's committed to the doctrine of supply side economics. You probably heard that term before. And really what that's all about is lowering taxes, decreasing regulation, and allowing free trade and what was called the Reagan budget. That's something that his budget director Stockman expected would help curtail the welfare state. And he gained a reputation as a tough negotiator for that. He lives on the Upper East Side of Manhattan today, and it's kind of funny with macroeconomic discussions. You'll notice something here, the word million, that doesn't even come up that much anymore. It's simply a number that is too small. It is more like billion and trillion. And hey, let's see if the term three orders of magnitude above trillion comes up today. Quadrillion, or even the one after that quintillion. Is that where we're going next? We'll see. before we meet David Simon, I've gotten more questions about something, because the national average bank account pays less than 1% on your savings.   Keith Weinhold (00:10:18) - And where do you really get a decent yield on your savings, even beyond the 5% in an online only savings account or a CD, which that does not outpace true inflation? For years now, I've reliably been getting 8%. What I do is keep my dollars in a private liquidity fund. You can do this to your cash generates up to an 8% return. The minimum investment amount is just 25 K, and you keep getting paid until you decide that you want your money back. And the private liquidity fund has a decade plus track record, and they've always paid their investors 100% in full and on time. And I would know this because I am an investor with them myself. So see what it feels like to earn 8%. A lot of other great listeners are any investing involves risk, even dollars at a brick and mortar bank. So to learn more, just text the word family to 66866. Learn more about the liquidity fund. Get 8% interest. Just do it right now while you're thinking about it.   Keith Weinhold (00:11:23) - Text family to 66866. Let's meet David Stockman. A Wall Street and Washington insider and Harvard grad. Today's guest is a former two time congressman from Michigan, a prolific author, and he is none other than the man known as the father of Reaganomics. He was indeed President Ronald Reagan's budget advisor. Welcome to the show, David Stockman.   David Stockman (00:11:54) - Great to be with you. And, that was a while back. But I think there's some lessons from that time that we would be well advised to try to apply today, that's for sure.   Keith Weinhold (00:12:05) - Well, it's an illustrious title that you'll never shake. It's a pleasure to have you here. And David is a real estate investing show. At times we need to step back and look at the bigger picture. And now on the economy, one seems to get a different answer depending on who they speak with. You have a highly qualified opinion. What do both investors and citizens need to know today about the condition of the American economy?   David Stockman (00:12:29) - I don't think the outlook is very promising, but I think it's important to understand what that means for real estate investors, because the fact is, if you're in real estate and I know many of your listeners or viewers are very knowledgeable and sophisticated, there's really two ways to look at real estate.   David Stockman (00:12:49) - One is as a property that generates a flow of cash or income that is highly reliable, and that you can count on and produces a rate of return on the invested capital that's attractive. That's one way. The second way is that if you invest at the right time, when perhaps interest rates are falling and therefore multiples or cap rates are becoming more attractive and property values are rising rapidly, mainly because of easy money and lower interest rates, then there's a huge opportunity for capital gains. As another way of generating return on capital. But those are two obviously very different tracks. The capital gains route by old invest, improve flip flop the gain and move on or the, you know, income based rent and earnings based, approach to property. Now, I think the reason I went through this is pretty elementary, of course, is that the macro environment is very different between the first strategy and the second strategy. And therefore, the important thing to understand about the macro environment is which environment are you in and is it conducive to strategy a the income strategy or b the capital gains strategy? I would say right now we're totally in an incomes strategy environment, the first route.   David Stockman (00:14:34) - And that's because as we've gone through several decades of easy money, of rapidly rising asset values, of ultra low interest rates, very high multiples, in terms of property values to income that has generated trillions and trillions of capital gains for smart real estate investors. But I think we're out of that environment, and we're in an environment now where we're stuck with massive public debt and deficits. We're stuck with a, central bank that is, basically painted itself into a corner, created so much fiat credit, generated so much liquidity into the economy that now it will be struggling with inflation for years to come. Which means, notwithstanding Wall Street's constant belief that rate cuts are coming tomorrow, there won't be rate cuts for a long time to come. And what we're facing, therefore, there is likely higher rates for longer. A environment in which property values are flat if not declining, and therefore the capital gains route is not going to work very well. But if you have good properties with good tenants and good cash flows and, rental flows, real estate mine works out pretty well.   David Stockman (00:16:05) - But you have to understand the macro environment. And that's one of the things that I work on daily when I, publish my daily newsletter, which is called, David Stockman's Contra Corner.   Keith Weinhold (00:16:19) - You can learn more about Contra Corner, David's blog, before we're done today. David, you have a lot of interesting things to say. There we are in this environment where rates have been higher, longer. It sounds like you believe that is going to continue to be the. Case is rate cuts will be postponed is a little more difficult question. It's some crystal ball stuff. But can you tell us more about that? What can we expect for inflation in interest rates for the rest of this 2020s decade, which has about six years to go?   David Stockman (00:16:48) - There's going to be high rates for most of this decade because we have so much inflation and excess demand built into the economy. We really went overboard, especially after 2020 with the pandemic lockdowns and then these massive stimulus program, something like $6 trillion of added stimulus, was injected into the economy in less than 12 months.   David Stockman (00:17:16) - That created a undertow of inflation that is still with us. And despite all the hopeful commentary that comes from Wall Street, if you look at it year to date, I don't look at just the CPI because the headline number is somewhat volatile and can be pushed and pulled a lot from a month to month based on nonrecurring conditions. But if you look at something called the 16% trimmed mean CPI, it's just the same CPI, but it takes out the lowest 8%, the highest 8% of price observations each month out of the thousands in the market basket. What it does is basically takes the extreme volatility out of the top and the bottom, and gives you a trend that is more reliable if you're looking like on a quarter by quarter or year by year or even multi year basis, well, I mentioned this is important because the trim means CPI is still running at about 4.3% during the first four months of this year to date. That's not a victory over inflation. That's double what the fed says his target is. And frankly, the Fed's target is a little bit phony.   David Stockman (00:18:35) - I mean, what's so great about 2% inflation if you're a saver and your savings are, you know, shrinking by 30% over the course of a decade, so they're going to have a tremendous wrestling match with inflation, not just for a few more months, but I think for several more years in this decade, I don't see the federal funds rate, which is kind of the benchmark rate for overnight money coming down below 5% very soon, or if at all. And that's because with inflation running at 4% or better, if you have a 5% money market rate, you're barely getting a return on capital, especially if you factor in taxes. You know, it's like it's a rounding error and that doesn't work over time. I mean, you're not going to get long term savings. You're not going to get long term capital investment. If the return is after inflation and taxes are either non-existent or negative, as they've been for quite a while. So even though everybody would like to hope we're going back to the good old days of 0% over 90 money or 1% money, which they got so used to over the last couple of decades.   David Stockman (00:19:55) - It was bad policy. It wasn't sustainable. It caused a huge amount of bubbles and distortions in our economy. But once we finally got to the end of that in March 2022, when the fed had to finally pivot and say, yeah, inflation isn't transitory, it's, embedded, we got to do something about it. People think we're going right back to where we were, and that's the key thing to understand. We are not going right back to where we were, in part because of all this inflation business I've talked about, but also in part because they got so used to borrowing money on Capitol Hill and practically zero interest rates that they are now, you know, they have built in deficits of 2 trillion or more a year. And, we are going to be pushing into the bond pits, massive amounts of new government debt. There's no consensus to do anything about it. You know, if the Republicans talk about reforming the entitlements, the Democrats say you're throwing grandma out the snow. If the Democrats talk about raising revenue, the Republicans talked about, you're going to get slaughtered with higher taxes.   David Stockman (00:21:12) - And then everybody's for more wars and more defense and the bigger and bigger national security budget. And that's all she wrote. If you don't do with revenue, you don't do it national defense and entitlements. The rest of it is rounding errors. And so we're stuck with these massive additions to the debt. Now, everybody knows the public debt. Is 34 trillion. Ready? Yeah. What I'd say they don't understand is that by the end of this decade, you ask about the decade, right? Will we close to 60 trillion of debt. And, if you look at the last CBO, projection they do every year at long term projection, and CBO actually is more optimistic than it is warranted in any way. In other words, their long term assumptions I call rosy scenario. There's no more recessions for the next couple of decades. Inflation is well-behaved, interest rates stay low. Full employment lasts indefinitely and forever. Well, this doesn't happen. Look at the real world. Over the last 20 or 30 years, we've been all over the lot.   David Stockman (00:22:18) - So if you look at the CBO forecast, which is I'm just saying here is exceedingly optimistic. They never are the less are projecting that the public debt and they don't even write this number down in their report because it's too scary, will be $100 trillion before the middle of this century.   Keith Weinhold (00:22:41) - That's a.   David Stockman (00:22:42) - Trillion. Yeah. Now, if you ask people today who are market savvy, I like a lot of your viewers. Where are the Treasury bills, notes and bonds today? Well, if you average it all out, it's about 5%. I don't think it's going to come down much. It'll vary a little bit up and down over time, but let's just say it stays at 5%. That means the carry cost of the public debt of a couple decades will be 5 trillion a year. The interest okay. It's staggering. That's almost as much as the whole federal budget is spending this today at, you know, about 6.6 6.7 trillion. So that's where we're heading, a massive debt crisis because they built in a structural deficit that the politicians and I call it the unite party.   David Stockman (00:23:33) - They fight about silly things, but they agree on the big things which are leading to this outcome. The unit party has no ability to do anything about this structural deficit or the march from the 34 trillion that we're at today to 60 trillion by the end of the decade, and 100 trillion of public debt by mid-century. Now, for a real estate investor, that's probably the most important number you're going to hear. You know, at least this week or maybe this month or even this year, because what it means is that the amount of new government debt flowing into the bond pits, that'll have to be financed and that can't be monetized by the fed anymore because there's too much inflation, is going to put constant, enormous pressure upward on interest rates. And of course, higher interest rates mean lower property values. That's just basic real estate math. That's the environment we're heading into, which means good properties with good income and good rental flows are really the only way to go.   Keith Weinhold (00:24:55) - Yeah, well, there's an awful lot there.   Keith Weinhold (00:24:57) - And with this persistent higher inflation that you expect, the way I think about it is the higher the rate of inflation, the more that moves a person's dollars out of a savings account and instead out onto the risk curve. Well, David alluded to a problematic economy. We're going to come back and talk about more of those warning signs and what you can do about it. You're listening to Get Resuscitation, the father of Reaganomics and Ronald Reagan's budget director, David Stockman, I'm your host, Keith Reinhold. Role under this specific expert with income property, you need Ridge Lending Group and MLS for 256 injury history from beginners to veterans. They provided our listeners with more mortgages than anyone. It's where I get my own loans for single family rentals up to four Plex's. Start your pre-qualification and chat with President Charlie Ridge. Personally, they'll even customize a plan tailored to you for growing your portfolio. Start at Ridge Lending group.com Ridge lending group.com.   Speaker 7 (00:26:06) - This is author Jim Rickards. Listen to get Rich education with Keith Reinhold and don't quit your day dream.   Keith Weinhold (00:26:23) - Welcome back to Get Ready. So we're talking with the father of Reaganomics. His name is David Stockman, President Reagan's budget advisor. David, you've been talking about a problematic economy and places we can look and the outcomes that that can create. Why don't we talk about some more of those where we're here in a period where we feel like it's an official recession postponed, for example, are there other places that we should be looking? Is it the sustained inverted yield curve that we had for almost two years, the longest one ever, and a Great Recession predictor? Or is it that we're on the precipice of implosion from a debt to GDP ratio that's at 122%. It actually spiked to 133% when Covid first hit. Or for example, is it something and you've already touched on it a bit, is it more of that federal spending on our debts, interest payments alone each year, which had almost $900 billion for that interest line item that now even exceeds the massive $800 billion that we spend each year on national defense, or should we be looking at somewhere else? So what's out there that's really problematic and what's overblown?   David Stockman (00:27:28) - Okay.   David Stockman (00:27:29) - That's great. And all of those things you mentioned you should be looking at, it depends on your time frame. But I think on the initial question, where is this postponed recession? Why hasn't that happened? The place to look is somewhere that I think most Wall Street analysts aren't focused on, but they should be. And that's a series published by the Federal Reserve that tracks household balance sheets, in other words, liabilities and assets. But there's a particular series that I think is critically important to look at, and it's basically bank deposits, checking account savings accounts plus money market funds. This is all the liquid cash accounts of the household sector, not long term investments in real estate or stocks or bonds, but the short term money. It's the spendable money that households have now, what happened during the pandemic and lockdowns. And then the 6 trillion Is stems that were injected into the economy, like some kind of fiscal madness was going on in Washington, created a total aberration in the amount of cash in the economy, in the household sector, in these accounts that I just mentioned, normally right before the lockdown started and the stimulus was injected, you know, the level of cash accounts was about 12 trillion.   David Stockman (00:29:00) - Within two years it was up to 18 trillion. And normally that cash balance grows about the same rate as the economy. In other words, as incomes go up, people save a small share of their income that goes into various bank accounts. There tends to be a lock step relationship. But what happened during that two year period was there was so much extra cash sent out to the households with the $2,000 checks in the $600 a week extra stimulus money, and then the, trillions that went, you know, for things like the Small Business Administration loan program, which was all forgivable, was about almost upwards of $1 trillion. You know, we could itemize all the others. But this enormous government, unusual cash flow into the economy added to these bank accounts enormously. And then something else happened. The geniuses in Washington, led by Doctor Fauci, decided to shut down half of the service sector, the economy. I'm talking with restaurants and bars and gyms, malls and movies and and all the rest of it.   David Stockman (00:30:09) - So all of a sudden, the normal money that people would have been spending on the service venues, which is a big part of total spending, was stopped. It was kind of forced into artificial savings, sort of government mandated savings. Now, if you put the two together, there was about 2 trillion, extra transfer payments sent out to the public during that two year period. And there was a little over a trillion of normal service spending, restaurants in, etc. that didn't happen because there was a closed sign on the door, compliments of Doctor Fauci, or people were scared to death to go out because, you know, they created all this fear that Covid was some form of black death, which it really wasn't for 95% of the population. In any event, if you put the extra free stuff from the government, 2 trillion and the for savings because of these lockdowns, trillion, you have 3 trillion of unusual cash that flowed into the economy on top of the normal production. Income and profits and spending that would have otherwise gone on.   David Stockman (00:31:26) - Now that 3 trillion temporarily ended up in this account, that I'm just talking about the cash balances of the household sector and its peak, there was about 2.8 trillion extra compared to what would been be the normal case in a regular economy. In a normal economy, that money has been slowly spent down by the household sector, even as the fed has tried to put the screws to the economy. In other words, there was so much extra cash in the system that even as the fed raised interest rates from 0 to 5% and did their darndest to slow things down, all of that excess that was built up during the pandemic period was available to spend. It was spent. And here's the key point. About half of it is now been spent. In other words, there's only about a trillion and a half of the nearest 3 trillion left. Now that is what's delayed the recession. If that big, massive 3 trillion nest egg had been there and the fed began to push rates up as it normally did in a normal cycle, we would have been in recession months ago.   David Stockman (00:32:41) - But what has delayed or deferred the recession is this, cushion, this huge macro piggybank of cash that the government inadvertently or adversely is the case may be generated, during the pandemic period. So that's new. See that? Nobody looks at that because normally it's not a factor. You know, the cash balances are a pretty, prosaic, neutral part of the economy. They're not where you look for the leading edge of where the cycle was going or where new developments may turn up tomorrow. But this time, because of this total aberration of what happened to government transfer payments plus the lockdowns, we have a, X factor, let's call it in the macro picture that is confusing people. It's leading a lot of people to abdicate this no landing scenario. In other words, you know, there's not going to be a recession. We're just going to go on to bigger and better things. And, the fed will get inflation under control and then we can be back to happy times again. No, they're missing.   David Stockman (00:33:56) - The elephant in the room is this massive aberrational unusual one time cash balance that was, generated by these policies. And that still has a little ways to go now. I think at the rate it's being run down, you can almost calculate it a couple hundred billion dollars, a quarter sometime next year, all of that extra cash will be out of the system. And then people will be back to spending only what they're earning. And frankly, earnings they're not. I'm talking about wage and salary earnings, are advancing barely at the inflation rate at the present time. So when we get back to about zero real growth in earnings, we're going to finally see the recession.   Keith Weinhold (00:34:45) - I think one of the big takeaways here is that all these artificial economic injections really take time to unwind.   David Stockman (00:34:56) - Exactly. You have to look at, you know, they always say, well, when the government changes policy, fiscal policy, you tighten or you loosen or monetary policy they raise or lower interest rates. They got QE or they got cute putting money in or taking money out that there's lag and lead times in all of this.   David Stockman (00:35:18) - The problem is, none of the great economic gurus who talk about this really know whether the lag time is 12 months, 25 months, 50 or 5, and it varies. I mean, the circumstance has changed so much in a world GDP of 104 trillion, a domestic economy with 28 trillion of GDP, and all the complex factors that are moving back and forth in today's world, especially as it's enabled by technology and global trade and the internet and all the rest of it, nobody knows the lag times. And as a result, it's very hard to predict when the, brown stuff is going to hit the fan, so to speak. On the other hand, you don't have to know the exact date. You really need to understand the direction, the flow of things. And if you're in an environment that isn't sustainable because you're borrowing like crazy or interest rates or artificially. Low or stock price multiples are way the L2 ie or cap rates on real estate or you know, abnormally low. Then what you have to say is we're going to a different state.   David Stockman (00:36:35) - It's not going to be as conducive as the current state, and we have to be prepared for it, even if we are not sure whether that's 12 months from now or 24 months. But it's going to change. So one thing you can be sure of, there is a famous economist back in my day when I worked on Capitol Hill earlier on, he was Nixon's chief economic adviser in the early 70s. And he famously formulated an aphorism, I guess, which said anything that is unsustainable tends to stop. Okay, that's what I know about the lag times. We're in unsustainable financial, fiscal and monetary environment. And the trends that it has given rise to are going to stop and and not in a good way.   Keith Weinhold (00:37:24) - He even fed Chair Jerome Powell has confessed as much as that. This situation is indeed unsustainable, the exact word that he used. Well, David, this has been great in winding down as Ronald Reagan's budget director. Can you share any anecdote, story or quote from you spending time personally with Ronald Reagan? And the reason I ask is because he is perhaps the most revered president of the past few generations.   Keith Weinhold (00:37:52) - That might mean a lot to our listeners here.   David Stockman (00:37:54) - He should be revered, and not only because he was a great president and a great communicator, and did a lot of important things in policy. Some of them got implemented, and a lot of them were frustrated by Washington and the politicians and the Democrats and everybody else. But also, he was a great human being. And my story about that was when I was budget director, in the fifth year of the Reagan administration, we had our first child, and my wife was in the hospital. At that point in time, President Reagan was in Europe on a very important big international, series of meetings. But, somebody in the white House told him that our daughter had been born. And so he took the time out of his schedule for a call from Germany, the hospital where my wife was, and said he would like to talk to her and, congratulate us on our new arrival. But my wife was in a room with another, a new mother.   David Stockman (00:38:53) - She the other person answered the phone and she said to my wife, there's some joker on the phone with President Reagan. And sure enough, he was there. and he took the time to congratulate my wife. And, so that's the kind of, person he was. He really was a great human being.   Keith Weinhold (00:39:13) - Wow. Yeah. That really shows that he can still be warm and heartfelt, even while doing some key international negotiations there. Potentially. Well, we mentioned it earlier. I can tell you, the audience, that David is a regular author and contributor to his Contra Corner blog and letter, and you can get access to that for free. This is information coming from the father of Reaganomics to you. If you think you would find it a value. David, tell us how our audience can connect with you there.   David Stockman (00:39:44) - Just Google David Stockman Contra corner I publish, I have a website, issues a newsletter every day. It comes automatically in the email. I also have a Substack version. You can sign up for either one, the email from my site or from Substack.   David Stockman (00:40:02) - And every day we try to publish something on these issues that we've been talking about. One day it might be Wall Street, another day it might be Capitol Hill, another day it might be, you know, the war in Ukraine. All of these things matter. All of these things influence the environment that investors have to function in. So we try to comment on a variety of those issues based on, you know, the long experience that I've had, both not only in Washington, but also I was on Wall Street, for about 20 years. I was one of the founding partners of Blackstone, for instance. And we were in the real estate business in a major way, even then.   Keith Weinhold (00:40:44) - Well, we absolutely love that. And I sure am appreciative of your time. It was great connecting with you. And thanks for being on the program today, David.   David Stockman (00:40:53) - Very good. Enjoyed it.   Keith Weinhold (00:41:01) - Yeah. Deep insights from the father of Reaganomics. Stockman thinks we'll be struggling with inflation for years to come.   Keith Weinhold (00:41:08) - There won't be rate cuts for a long time. He sees real estate values as flat or declining, so have good tenants with steady income streams. Of course, in our favoured real estate segment here, residential 1 to 4 units where you can get 30 year fixed rate debt. Higher mortgage rates tend to correlate with higher prices, just like it has for the last three years and almost every period before that too. But there could be more pain for the commercial sector then, and assets that are tied to floating rate debt. And if you're aligned with David Stockman on that, you might want to look at your helocs, because after a fixed rate period, their rates tend to float along with the fed funds rate. So be cautious with Helocs and ask David for specifics. He doesn't see the federal funds rate coming down below 5% anytime soon, and you probably know that is the interest rate that a whole bunch of other interest rates are based off of. And that rate is currently at about 5.3%. By the way, there is projected to be more than 100 t more than $100 trillion of public debt before the middle of this century.   Keith Weinhold (00:42:22) - That's less than 25 years away. I mean, these figures just become unfathomable sometimes. Pandemic wrought inflation that really occurred due to this greater supply of dollars that was introduced chasing a reduced supply of goods. And there were fewer goods because people got paid to stay at home not producing anything. Plus, what had been produced often could not be shipped either. David discussed the 16% trimmed mean CPI, and I've got to say, as much as I am a student devotee in studying inflation, I had never heard of that from his vantage point to find recession signs, look at household balance sheets and what's delayed the recession is that those pandemic measures put an extra 3 trillion bucks into households, and households still have about 1.5 trillion left to spend, which could further delay a recession. He projects that it's sometime next year that all of that extra cash will be out of the system. When you talk to how many people got this recession predictions so horribly wrong? Back in October 2022, Bloomberg Economics forecast a 100% chance of a recession by the following fall, which is almost a year ago now.   Keith Weinhold (00:43:48) - Well, a 100% chance that left no room for anything else to happen. And they really whiffed on that one. Now, you know, I've got to add something here. A personal note if I can, but I'll give you a lesson along with it. And that is that at times like today, where I found myself one degree of separation from one of the most revered presidents in all of American history, I sometimes have some difficulty understanding how I keep having the opportunity to share time with people like today's guest. Now, I'm certainly not a PhD economist. And in fact, on the flip side, I've also never been a person that's been so poor and destitute that I was dying of hunger. But I do come from a modest place. When I flew the coop and left my parents home, I rented my first pathetic place to live a $325 a month pool house in the back of my landlord's property at 852 Spruce Avenue in Westchester, Pennsylvania. Yeah, a pathetic little pool house right next to the landlord's swimming pool.   Keith Weinhold (00:45:04) - I mean, I was living really pathetically there for a while as I was struggling just to do things like find gainful employment and figure out the world and find a steady income. Yeah, it was 325 a month plus electric and the one small heater that was there, it was electric and it was really expensive to run. And on the coldest days, it wouldn't even adequately heat my pathetic little pool house that I ended up living in for 18 months. And just because I couldn't figure a way out of that situation for a while, I mean, I was too ashamed to ever bring a girl back there to that sad pool house. It was just one sink for the whole place. Combined kitchen and bathroom sink in the bathroom. I mean, most of my friends, they got their driver's license at age 16 and they soon had their own car. I didn't own a car until I was aged 22 or 23, and it's not because I lived in an urban area and walked. Everywhere use public transit there in Pennsylvania.   Keith Weinhold (00:46:02) - It just took me a long time to afford a beater car and pay for insurance. I really needed a car and couldn't afford one. So really my point here is that sometimes I have to wonder how I got here from there. And I think what it is is taking an interest in real estate and investing. And despite just having a humble bachelor's degree in geography, it's really about becoming an autodidact, meaning self-taught. And it's easy to teach yourself when you find what interests you. And let me point to two other things besides adopting an auto didactic ethic to help me turn the corner into being in a place where I can have conversations like the one that I've had today. It was getting around aspirational friends. Like I've mentioned before, that showed me how I can start with a bang buy with little money. On my first home, I could put a 3.5% down payment on a fourplex, live in one unit and rent out the other three. And I will give myself some credit for doing those things. And then really, the third thing is that stroke of luck element, like just 4% of world inhabitants have been.   Keith Weinhold (00:47:15) - I was one of that 4% that was born in the United States. And then I had two great, married, stable, supportive parents to cultivate the right environment for me. And well, today was just one of those days where I sort of nudged myself and I'm glad that it happened. Most importantly, I trust that you got value from today's show and that you do every single week here. Check out David Stockman's Contra Corner. Next week, we'll look for signs of distress in real estate as we delve inside the foreclosure market and how you can find discounted deals there. Until then, Idaho's Keith Wayne hold don't quit your day trip.   Speaker 8 (00:48:02) - 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. 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. The.   Keith Weinhold (00:48:30) - The preceding program was brought to you by your home for wealth building.   Keith Weinhold (00:48:34) - Get rich education.com.

Drew and Mike Show
Drew and Mike – March 27, 2024

Drew and Mike Show

Play Episode Listen Later Mar 27, 2024 138:02


The Truth v. Alex Jones, Donald Trump Bibles, Will Smith's charity, Caitlin Clark's basketball offer, Coach Maz stiffs us, a new Bonerline, Trudi v. Martha Reeves, and Cop Cams: a crying gangster, an entitled CEO & front loader v. front loader. It's a whole new Drew. He's doing things again. Drew has an upcoming interview with Ron Robinson out this Friday. A.I. Drew is killing it. Thanks, Matt. The stock markets and Bitcoin are raging. Frank Caliendo will join us on Wednesday of next week. Trudi wants to nail Todd Rundgren, but would she if he wasn't a rock star? Sports: WR Josh Reynolds has signed a deal with the Denver Broncos. Detroit Lions WR Amon-Ra is starring in a new Netflix series. Iowa's Caitlin Clark gets $5M offer from BIG3 Basketball. March Madness continues this weekend. Michigan Athletic Director Warde Manuel FIRES BACK! The Truth vs. Alex Jones dropped on Max and is a tough watch for many reasons. Baltimore Bridge: The Wire creator David Simon vs Marjorie Taylor Greene. Joe Biden took the train over the Francis Scott Key Bridge where there are no tracks. Donald Trump is hocking Bibles now, but they include much more than just the Bible. Joy Mode brings you the Bonerline! Use promo code DREW. Call or text 209-66-Boner to communicate with the show. Diddy Update: Here's a video of Diddy and Meek Mill allegedly doing it. Diddy apparently had a white daughter, but no one knows what happened to her. Cop Cams: The weakest gangster possibly ever. This CEO really needs to get to the hospital. Front loader wars! The NFL Draft in Detroit is approaching quickly. The Hash Bash is here, but some people are saying that legalization has harshed it. Tom Mazawey can't join us today because he has ANOTHER job: softball coach. Another Bad Boys movie is coming out. Will Smith and Jada's charity goes down in flames after the slap. They also had some questionable contributions. Rebel Wilson continues to push against Sacha Baron Cohen. Did Leo put a ring on Vittoria Ceretti? 3 Body Problem Eiza Gonzalez is TOO HOT for Hollywood. Martha Reeves finally got her Hollywood Star… paid by other people. Joe Biden is about to have a massive fundraiser packed with special guests. RIP to former VP candidate Joe Lieberman. Dave Attell is Mark Ridley's Comedy Castle in June. Visit Our Presenting Sponsor Hall Financial – Michigan's highest rated mortgage company If you'd like to help support the show… consider subscribing to our YouTube Page, Facebook, Instagram and Twitter (Drew and Mike Show, Marc Fellhauer, Trudi Daniels, Jim Bentley and BranDon).

American Scandal
Police Corruption in Baltimore | "We Own This City" with Justin Fenton | 5

American Scandal

Play Episode Listen Later Feb 20, 2024 35:29


Journalist Justin Fenton covered the Gun Trace Task Force scandal for the Baltimore Sun. He sat through the trials and heard testimony from accused cops and their victims. He reported on the ripple effects of the scandal, in the police department and in the community. And then David Simon, creator of The Wire, called and asked Fenton to write a book. Today, Lindsay speaks with Justin Fenton, author of We Own This City, which was made into an HBO limited series by the same name.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.