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Comment motiver ses élèves à l'école primaire ? Dans cette vidéo, découvrez des stratégies pédagogiques efficaces pour renforcer l'engagement, la participation et l'envie d'apprendre chez les élèves en élémentaire.
We're back with season 9 of the Eccles Business Buzz podcast. This season, we will be talking with alumni for more stories of the impact the David Eccles School of Business has on their lives and careers. In this episode, host Frances Johnson talks with Jonathan Campbell, a third-generation alumnus of the Eccles School, Eccles Advisory Board member, and generous donor.Jonathan shares the rich legacy of his family's connection to the University of Utah, reveals the values instilled through this multi-generational tie, and discusses how ongoing education and alumni support have benefited both his career and his family business. Jonathan also emphasizes the value of scholarships, continuous learning initiatives, and the symbiotic relationship between companies and the university for driving mutual growth and success.Tune in for an inspiring start to the new season, highlighting the long-lasting impact of Eccles alumni.Eccles Business Buzz is a production of the David Eccles School of Business and is produced by University.fm.Eccles Business Buzz is proud to be selected by FeedSpot as one of the Top 70 Business School podcasts on the web. Learn more at https://podcast.feedspot.com/us_business_school_podcasts. Episode Quotes:What truly makes the Eccles School unique[09:00] I think this is a huge differentiator of the Eccles School: this focus on experiential learning and not just what are we delivering students in a classroom, as far as, like, theory, right? Theoretical learning, but what opportunities are we giving them to apply what they're learning immediately in real-world scenarios so that when they come out of college and they're living in those real-world scenarios, they know what to do because they haven't just learned, but they've practiced. I think that's really something that makes the Eccles School very unique.On why investing in people is the smartest business strategy—and how the U helps make it possible.[10:01] Well, I'm a big believer in the fact that the success of your people really determines the success of your company. And what you invest in your people is how you create a competitive advantage. And it's how you improve and develop those people that lets you get to new heights as a company and get better and better results. And when it comes specifically to the U, we realize that we couldn't do it alone. Now, we have an in-house, what we call Wheeler University. We have our own in-house training program, which is great. And we do a lot of things on performance management, on technical training for our technicians, but we also know that there are some limitations on what we can do and what skill sets we have in-house. And so, as we were looking at, how do we expand the training capacity that we have to fill the needs that we have, you know, the thought just came, “Well, why not just use the U?” And not so much just use them, it's, we have this amazing resource with these experts. Why not go tap into that?Scholarships don't just fund education—they fuel belief.[17:24] If by making what ends up being a relatively small investment financially to someone allows them to go make a difference in the world, in some way, shape, or form, I think we're a whole lot better off for it. You know, you look at the amounts of the scholarships; it is not funding their entire education. It's not necessarily something that's going to be this make-or-break moment for them, but if it gets them a little closer to their objective, to the finish line, to where they can really start doing something great for someone else, I do believe that the knock-on effects are pretty significant.The vision for Eccles's future[22:27] And so, I think, you know, there's a lot of really good things going on, which are really exciting. But it all, kind of, goes back to that value proposition where it's the right cost for the students, the right support is there, they're going to get the right degree, and they're going to come out being able to make an impact very, very quickly for the employers.There's a concept that we look at with our employees when we bring someone on board. We look at the time to value. How quickly can that new employee start to add value to the company? There's always gonna be an onboarding time, and it takes some time for them to get fully ramped up, but if we can have a student come out of the Eccles School with a shorter time to value, meaning they're contributing in a very meaningful way to their employer than any other school, then they're going to be the top pick for the employers. And they're going to make the right amount of money. They're going to get into the right industries and the right jobs. And I think we're very, very well-positioned to do that today, but do that even better going forward. So, that's what really excites me.Show Links:Jonathan Campbell | LinkedInCampbell Companies | AboutDavid Eccles School of Business (@ubusiness) | InstagramUndergraduate Scholars ProgramsRising Business LeadersEccles Alumni Network (@ecclesalumni) | Instagram Eccles Experience Magazine
The former Utah LB & Former Special Teams coach at Colorado on this week's Utes game against Colorado, His time on Coach Prime's coaching staff, How can the Utes improve on special teams (?) + more
The former Utah LB & Former Special Teams coach at Colorado on this week's Utes game against Colorado, His time on Coach Prime's coaching staff, How can the Utes improve on special teams (?) + more
"My dear sir, without doubt you have done for the art of singing what Columbus did for the steam engine."Grytpype-Thynne and Moriarty plan to escape dire poverty by taking out a £10,000 life insurance policy on Neddie Seagoon. They tell him he can collect the money the moment he's deceased, and give him an instruction book. After a number of stupid attempts to bring this about - which puts him into contact with Willium, Bluebottle, Eccles and Bloodnok - Seagoon finally discovers the meaning of the word 'deceased' and goes into hiding at the Albert Memorial. The drama climaxes in a shootout with him in between Bloodnok's regiment and a loaded record. Yet another Goon Show concerned with the vagaries of insurance policies, this episode was likely penned largely by Larry Stephens and if so it shows. It's not a bad episode at all but if anything the script lacks a certain something - a bit of inimitable Milligan magic perhaps. Returning guest Andy Bell and Tyler discuss the 'filth' which runs through the show and also: The Indigestion Waltz; Kenneth Griffith; the Radio Times; Royal Command Performances; producer Roy Speer and baseless allegations; Jayne Mansfield-type walking; the Tiddleywinks Tournament; George Martin and ITV's packed schedule!
The former Utah LB & Former Special Teams coach at Colorado on this week's Utes game against Colorado, His time on Coach Prime's coaching staff, How can the Utes improve on special teams (?) + more
I'd Rather Have Jesus
Season 9 of the Eccles Business Buzz podcast will be launching in just a few short weeks. I'm your host, Frances Johnson, and I hope you'll join me this season as we spend some time diving into the inspiring stories of our Eccles Alumni Network. We'll hear from alums who have launched successful careers thanks to their Eccles education, as well as from alums who use their Eccles experience to make a pivot. We'll hear about how long-time alums and new graduates are making meaningful connections through the David Eccles Alumni Network. And we'll explore the personal and professional benefits of multi-generational connections to the Eccles School and the U.The first episode of season 9 drops October 23rd with new episodes coming every other Thursday. I know you won't want to miss a single one, so make sure to subscribe wherever you listen to podcasts and invite a friend or fellow alum to listen with you too. We can't wait for you to join us again.
Crime calls for an avenger. That’s the civil magistrate’s role as God’s minister. He is not to rehab criminals, but to bear the sword against them as a terror to evildoers (Rom. 13:3-4). So, when a man commits murder, for example, his life should be forfeit (Gen. 9:6). And justice should be swift. When it’s not, lawlessness explodes, “Because the sentence against an evil deed is not executed speedily, the heart of the sons of men is fully set to do evil” (Eccles. 8:11). When civil rulers coddle criminals, they despise God’s Word, and nations crumble. Only by acting as righteous avengers will they reverse this trend and fill their God-given role. Sermon: https://churchandfamilylife.com/sermons/68e35b84d3673935241c37b9
Ben Criddle talks BYU sports every weekday from 2 to 6 pm.Today's Co-Hosts: Ben Criddle (@criddlebenjamin)Subscribe to the Cougar Sports with Ben Criddle podcast:Apple Podcasts: https://itunes.apple.com/us/podcast/cougar-sports-with-ben-criddle/id99676
The voice of the Utes on Utah's big matchup vs the defending Big 12 Champs in Salt Lake City, Chances we see more of the passing game post bye week (?) + more
The voice of the Utes on Utah's big matchup vs the defending Big 12 Champs in Salt Lake City, Chances we see more of the passing game post bye week (?) + more
The voice of the Utes on Utah's big matchup vs the defending Big 12 Champs in Salt Lake City, Chances we see more of the passing game post bye week (?) + more
Hans Olsen, Scott Garrard & Frank Dolce Utah needs to make a statement against ASU Rice Eccles will be loud Vs ASU | Utes need to give fans a Big 12 home win
ASU beat writer Michelle Gardner
Sean O'Connell's exclusive weekly interview with the Utes new QB1. Thursdays at 12 throughout the season on the Sean O'Connell Show
Sean O'Connell's exclusive weekly interview with the Utes new QB1. Thursdays at 12 throughout the season on the Sean O'Connell Show
Sean O'Connell's exclusive weekly interview with the Utes new QB1. Thursdays at 12 throughout the season on the Sean O'Connell Show
This is the earliest Goon Show we've covered on the podcast so far - the second show of Series 4 and while not fully matured to the level of quality we've come to expect it is still a solid and amusing edition with both cast and audience on fine form. It begins with a short sketch about Handsome Harry trying to save an heiress from drowning in order to glom a large reward but the story proper begins following Max's number. London is gripped by terror as a madman is at large threatening to blow up notable landmarks. Seagoon is tasked with tracking him down and enlists help from the likes of Bloodnok, Eccles and Henry Crun - a bomb diviner. Bluebottle is easily confused by pins and we also meet William Gladstone... or is it Churchill? Roger Stevenson joins Tyler and along the way they discuss Eva Bartok, Anna Neagle, Edwardian Dynamite genre fiction, Mrs Dale's Diary, the Robin Hood radio panto, James Finlayson, Ray's A Laugh, Hermione Gingold, Marilyn Monroe... and there's a couple of rounds of "Is It Spike Or is It Peter?" for good measure. They also look at the lead up to Series 4 and the mysterious 'Fred Flange'.
The entirety of DJ & PK for October 7, 2025: HOUR ONE Bronco Mendenhall, USU Football Kyle Whittingham, Utah Football Kalani Sitake, BYU Football HOUR TWO What is Trending: NFL, CFB, MLB, NBA, NHL Hot Takes or Toast: Has RES lost it's edge? Kalani Sitake says Bachmeier brothers need to be "badass" HOUR THREE Frank Dolce, Former Utah Quarterback Riley Nelson, Former BYU Quarterback How do you stop the Ute and Cougars? HOUR FOUR Has NIL ruined college football's vibe? Slacker Radio Headlines: BYU, Utah, CFB, NFL Feedback of the Day: BYU-Utah Rivalry
DJ & PK talked about the Utah Utes being 0-5 at Rice-Eccles Stadium in Big 12 play and if they can turn it around beginning with Arizona State on Saturday.
Charlie Kirk assassination, Las Vegas, E. Parry Thomas. Eccles family, Mormon influence in Vegas, Howard Hughes, "Mormon mafia," Mitt Romney, Huntsman family, Jon Huntsman Jr., Intertel, Resorts international, Donald J. Trump, Steve Wynn, Wynn's relationship with E. Parry Thomas, Trump's struggles breaking into Vegas, Sean Reyes, David O. Leavitt, the Kingstons, "Bleeding the Beast," Reyes and the Kingstons, pedophilia and incest among the Kingstons, "Lost Boys," Lost Boys as Vegas prostitutes, the LeBarons, the LeBaron-NXIVM connection, the "LeBaron-Langford Massacre," allegations of trafficking against fundamentalist Mormon sects, M. Russell Ballard, Timothy Ballard, Operation Underground Railroad (OUR), David Lee Hamblin, Satanic ritual abuse (SRA) allegations in Utah, George Zinn, Zinn's child porn charges, Sundance Film Festival, Utah Republican Party, Zinn as a delegate for the Utah Republican Party, Jason Chaffetz, Chaffetz's links to Utah Valley University, Chaffetz's links to Jon Huntsman, Mia Love, Mike Lee, Russell M. Nelson and his death, the Grand Blanc Township Mormon church shooting, Timothy Ballard and Israel, Erika Kirk, Erika Kirk's relationship with Trump, George Zinn and Jon Huntsman, OUR as MAGA honeypot, Trump & the LDSFirst Kirk Assassination ShowSecond Kirk Assassination ShowResourcesMusic b y: Keith Allen Dennishttps://keithallendennis.bandcamp.com/ Hosted on Acast. See acast.com/privacy for more information.
LIfe is meaningless without God
13 septembre 1759, une journée qui va changer le Québec à tout jamais ! Adhérez à cette chaîne pour obtenir des avantages : https://www.youtube.com/channel/UCN4TCCaX-gqBNkrUqXdgGRA/join Merci à Geneviève C. Bergeron pour les commentaires sur la vidéo. Pour soutenir la chaîne, au choix: 1. Cliquez sur le bouton « Adhérer » sous la vidéo. 2. Patreon: https://www.patreon.com/hndl Musique issue du site : epidemicsound.com Images provenant de https://www.storyblocks.com Abonnez-vous à la chaine: https://www.youtube.com/c/LHistoirenousledira 00:00:00 -Introduction 00:03:16 - Les techniques de guerre 00:06:30 - Les combattants de 1759 00:11:09 - Les offensives britanniques 00:13:32 - La stratégie française 00:16:33 - La montée des troupes britanniques à la falaise de Québec 00:19:08 - La bataille des Plaines d'Abraham 00:26:52 - La capitulation de Québec 00:30:39 - La bataille de Sainte-Foy 00:32:54 - La capitulation de Montréal 00:33:39 - Le traité de Paris et la fin de la Nouvelle-France Les vidéos sont utilisées à des fins éducatives selon l'article 107 du Copyright Act de 1976 sur le Fair-Use. Sources et pour aller plus loin: Dave Noël, Montcalm, général américain, Montréal, Boréal, 2018, Dave Noël, « La guerre de Sept Ans en Amérique du Nord », Nouvelle-France, Histoire et patrimoine, no1, 2019. Dave Noël, « L'agonie du marquis de Montcalm », Le Devoir, 27 janvier 2023. Joseph Gagné, « Voix de guerre : le renseignement au sein de l'armée française lors de la guerre de Sept Ans en Amérique du Nord », thèse de doctorat, histoire, Université Laval, 2020. Michel Thévenin, Changer le système de la guerre, Québec, Presses de l'Université Laval, 2020. Fred Anderson, Crucible of War: The Seven Years' War and the Fate of Empire in British North America, 1754-1766, New York, Random House, 2001 W.J. Eccles, France in America, New York, Harper & Row, 1972. Gérard Filteau, Par la bouche de mes canons. La ville de Québec face à l'ennemi, Québec, Septentrion, 1990. Jacinthe de Montigny, « Rendre compte des conflits nord-américains : une analyse des gazettes européennes durant la guerre de Sept Ans (1754-1763) », thèse de doctorat, histoire, Université du Québec à Trois-Rivières, 2023. Marcel Fournier, « Les soldats de la guerre de Sept Ans en Nouvelle-France, 1755-1760 », dans Laurent Veyssière et Bertrand Fonck (dir.), La guerre de Sept Ans en Nouvelle-France, Québec, Septentrion, 2012, p. 237-242. Jacques Lacoursière, Jean Provencher et Denis Vaugeois, Canada-Québec, 1534-2010, Québec, Septentrion, 2011 Charles Perry Stacey, Quebec, 1759 : The Siege and the Battle, Toronto, Robin Brass Studio, 2002. Commission des Champs de Bataille nationaux en collaboration avec Hélène Quimper, Les Plaines d'Abraham. Champ de bataille de 1759 à 1760, Montréal, Boréal, 2022. Gaston Deschênes, L'Année des Anglais : la Côte-du-Sud à l'heure de la Conquête, Québec, Septentrion, 2021. Jacques Mathieu et Sophie Imbeault, La guerre des Canadiens, 1756-1763, Québec, Septentrion, 2013. D. Peter MacLeod, La vérité sur la bataille des Plaines d'Abraham, les huit minutes de tirs d'artillerie qui ont façonné un continent, Montréal, L'Homme, 2008. Stephen Brumwell, Paths of Glory. The Life and Death of General Wolfe, Montreal, McGill-Queen's University Press, 2006, Louise Dechêne, Le peuple, l'État et la guerre au Canada sous le Régime français, Montréal, Boréal, 2008. « Le siège de Québec », Commission des champs de bataille nationaux, http://bataille.ccbn-nbc.gc.ca/ Hubert Cousineau, « L'implantation des soldats français de la guerre de Sept Ans au Canada (1755-1830) », mémoire de maîtrise, histoire, Université de Sherbrooke, 2021 Bertrand Fonck, « La campagne de 1760 et la bataille de Sainte-Foy », dans Nouvelle-France, Histoire et patrimoine, no 1, 2019. Laurent Veyssière (dir.), La Nouvelle-France en héritage, Paris, Armand Colin, 2013. Guy Frégault, La Guerre de la Conquête, Montréal, Fides, 1955. Edmond Dziembowski, La guerre de Sept Ans, 1756-1763, Québec, Septentrion, 2015 Jonathan R. Dull, La guerre de Sept Ans, Les Perséides, 2009. Francois Crouzet, « The Second Hundred Years War: Some Reflections », French History, 1996, p. 432-450. Charles-Philippe Courtois, La Conquête, une anthologie, Montréal, Typo, 2009 Jacques Godbout, Le sort de l'Amérique, 1996. « Bataille des Plaines d'Abraham », Wikipédia, Joan Coutu, Persuasion and Propaganda: Monuments, 2006. Battlefield Quebec (2009) https://youtu.be/Osj47uHJkUs?si=abEOIzhIe4PbAYjh Autres références disponibles sur demande. #histoire #documentaire #quebec #bataillequebec #plainesabraham #conquest #war
Full episode of the Sunday Morning Podcast with Hans Olsen, Scott Garrard and Lloyd Cole on September 21, 2025 BYU - 0:00 Utah - 19:31 Utah State - 33:57
The Voice of the Utes on Utah's Big 12 opener against Texas Tech tomorrow morning, Big Noon Kickoff on site, Utah's continuity give them a an advantage (?) + more
The Voice of the Utes on Utah's Big 12 opener against Texas Tech tomorrow morning, Big Noon Kickoff on site, Utah's continuity give them a an advantage (?) + more
The Voice of the Utes on Utah's Big 12 opener against Texas Tech tomorrow morning, Big Noon Kickoff on site, Utah's continuity give them a an advantage (?) + more
The Voice of the Utes on Utah's Big 12 opener against Texas Tech tomorrow morning, Big Noon Kickoff on site, Utah's continuity give them a an advantage (?) + more
Chris Level, Texas Tech Radio Analyst
The entirety of DJ & PK for September 17, 2025: HOUR ONE Jay Hill, BYU Football Frank Dolce, Former Utah Quarterback Chris Level, Texas Tech Sideline Report HOUR TWO What is Trending: NFL, CFB, NBA, MLB, RSL, Golf Hot Takes or Toast: Big 12 title game preview? Is Behren Morton going to torch the Utes? HOUR THREE Riley Jensen, College Football Expert Big 12 title game preview in RES? Utah Mammoth media day HOUR FOUR André Tourigny, Utah Mammoth Coach Slacker Radio Headlines Bill Armstrong, Utah Mammoth GM
Excitement over the Government's change in event funding, with its newly announced $70million tourism package. It includes $40million to secure large-scale international events from next year and a ten-million-dollar fund to support existing events. Eccles Entertainment Founder Brent Eccles [eck ils] says the main change is now concerts can access major event funding, which will have a huge impact. He says in the next three months, new shows will start to be announced, reflecting the success of the fund. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Hour 2 of JJ & Alex with Jeremiah Jensen and Alex Kirry. Steve Bartle, Utah Utes insider for KSL Sports Texas Tech beat writers aren't scared of Rice Eccles Stadium The Top 10: CFB Stadiums with the highest elevations
Why do young people not turn the Christ? Hosts Scott Brown and Jason Dohm, joined by guest Carlton McLeod, answer this question, giving ten common lies that ensnare unsaved youth: (1) you'll be deprived of pleasure; (2) faithfulness to God is impossible; (3) you'll be beset by trials and tribulations; (4) you'll be reproached; (5) you won't be prosperous; (6) you'll be unfashionable; (7) you will die young and miss all the fun; (8) you won't be able to keep it up for very long; (9) you have plenty of time; and (10) there are many ways to God. Rather than fall for these deceptions, young people should come to Christ without delay: “Remember now your Creator in the days of your youth, Before the difficult days come, And the years draw near when you say, ‘I have no pleasure in them'” (Eccles. 12:1).
Today I welcome Peter Eccles onto the R2Kast
In this episode of What She Did Next, Kehla is joined by Jessie Eccles—Human Design reader, astrologer, mother of three, and 6/2 Emotional Manifesting Generator—for a grounded and expansive conversation about sacred endings, sustainable success, and honoring the seasons of motherhood and entrepreneurship. Jessie shares how what she thought was her “dream setup”—a remote corporate job, flexible hours, and a newborn in her arms—eventually led her to a deep reckoning. The freedom she had longed for was laced with exhaustion, overcommitment, and the silent pressure to do it all. It wasn't until she learned to work with her emotional authority and the wisdom of her Gene Keys that she finally gave herself permission to slow down, say no, and choose devotion over duty. Together, Kehla and Jessie explore the patterns that shaped her journey, including the lessons of Gate 29 (Life's Work & Pearl), the sacred presence of the 20th Gene Key (Radiance), and the unraveling of force through the 34th (Purpose). They also talk candidly about the reality of building a business in early motherhood, the fantasy of “having it all,” and how honoring the now can open up the most aligned path forward.
durée : 00:10:36 - Le Disque classique du jour du mardi 26 août 2025 - L'ensemble Leviathan continue son exploration de la musique anglaise à travers la figure fascinante d'Anne Bracegirdle, actrice star de la fin du 17è londonien. Vous aimez ce podcast ? Pour écouter tous les autres épisodes sans limite, rendez-vous sur Radio France.
durée : 00:10:36 - Le Disque classique du jour du mardi 26 août 2025 - L'ensemble Leviathan continue son exploration de la musique anglaise à travers la figure fascinante d'Anne Bracegirdle, actrice star de la fin du 17è londonien. Vous aimez ce podcast ? Pour écouter tous les autres épisodes sans limite, rendez-vous sur Radio France.
Prime Minister Chris Luxon recently claimed he wants a constant flow of events to draw in international guests in order to stimulate the economy. This follows big names in the tourism sector, like Sudima Hotels, calling for further investment into major events. Eccles Entertainment founder Brent Eccles says the nation's major events fund has only covered sporting events, not concerts. "It's quite a long lead time to access the fund - and with contemporary music, you don't have that lead time, it's pretty hard and fast. So we'll never quite be able to qualify." Steve Armitage Hospitality NZ chief executive agrees extra funding is needed to bring more events to New Zealand. "There are a lot of other artists I think it'll be great to bring here - Paul McCartney, Bruce Springsteen, The Eagles... first class, international entertainment works well in a stadium." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Preached by Rev Adam Moline 1 Corinthians 7:1-7Principles for Marriage [1] Now concerning the matters about which you wrote: [t]“It is good for a man not to have sexual relations with a woman.” [2] But because of the temptation to sexual immorality, each man should have his own wife and each woman her own husband. [3] [u]The husband should give to his wife her conjugal rights, and likewise the wife to her husband. [4] For the wife does not have authority over her own body, but the husband does. Likewise the husband does not have authority over his own body, but the wife does. [5] [v]Do not deprive one another, except perhaps by agreement for a limited time, that you may devote yourselves to prayer; but then come together again, [w]so that Satan may not tempt you because of your lack of self-control. [6] Now as a concession, [x]not a command, I say this.(1) [7] [y]I wish that all were [z]as I myself am. But [a]each has his own gift from God, [b]one of one kind and one of another.Footnotes(1) Or *I say this:*Cross-references[t]: ver. 8, 26[u]: Ex. 21:10[v]: [Ex. 19:15; 1 Sam. 21:4; Eccles. 3:5; Zech. 12:12-14][w]: 1 Thess. 3:5[x]: ver. 12, 25; 2 Cor. 8:8; [ver. 10, 40][y]: [Acts 26:29][z]: ver. 8; [ch. 9:5][a]: ch. 12:4, 11; 1 Pet. 4:10; [Rom. 12:6][b]: Matt. 19:11, 12(ESV)
Morse code transcription: vvv vvv Bus driver arrested over Eccles bridge crash which hurt 20 people Kemi Badenoch set to reshuffle Conservative Party shadow cabinet Gang leaders and corrupt officials could be named in smuggling sanctions Government borrowing increase adds to pressure on Reeves Elvis Evolution Atrocious and misleading show upsets some fans Monthly rents rise by 221 over three years, Zoopla analysis suggests Man who murdered wife pushing baby in Bradford jailed for life Air India crash report Cockpit voices fuel controversy over doomed flight Ulrika Jonsson hits back at people offended by ageing face Prince George photo released for his 12th birthday
Morse code transcription: vvv vvv Man who murdered wife pushing baby in Bradford jailed for life Prince George photo released for his 12th birthday Kemi Badenoch set to reshuffle Conservative Party shadow cabinet Elvis Evolution Atrocious and misleading show upsets some fans Bus driver arrested over Eccles bridge crash which hurt 20 people Gang leaders and corrupt officials could be named in smuggling sanctions Ulrika Jonsson hits back at people offended by ageing face Government borrowing increase adds to pressure on Reeves Monthly rents rise by 221 over three years, Zoopla analysis suggests Air India crash report Cockpit voices fuel controversy over doomed flight
Morse code transcription: vvv vvv Bus driver arrested over Eccles bridge crash which hurt 20 people Ulrika Jonsson hits back at people offended by ageing face Air India crash report Cockpit voices fuel controversy over doomed flight Government borrowing increase adds to pressure on Reeves Gang leaders and corrupt officials could be named in smuggling sanctions Kemi Badenoch set to reshuffle Conservative Party shadow cabinet Man who murdered wife pushing baby in Bradford jailed for life Monthly rents rise by 221 over three years, Zoopla analysis suggests Prince George photo released for his 12th birthday Elvis Evolution Atrocious and misleading show upsets some fans
Season 8 continues with our conversations about the new strategic direction at the David Eccles School of Business with a particular focus on the third pillar of the strategic plan: reputation and legacy. Paige Erickson is the chair of the Eccles Advisory Board. She works as a strategic consultant, board member, and board leader. Nick Marsh is the chair of the David Eccles Alumni Network Board. He works as a financial advisor with the Mikolos Group at Morgan Stanley.Frances, Paige, and Nick discuss the importance of alumni engagement in enhancing the school's reputation and legacy, as well as the exciting goal of becoming a Top 10 Business School by 2030. Both Nick and Paige share insights on how alumni can contribute through mentorship, internships, and other forms of involvement, emphasizing the personal and professional benefits of staying connected to the Eccles community. Additionally, they highlight the transformative power of higher education and the ongoing efforts to create opportunities for current and future students.Eccles Business Buzz is a production of the David Eccles School of Business and is produced by University.fm.Eccles Business Buzz is proud to be selected by FeedSpot as one of the Top 70 Business School podcasts on the web. Learn more at https://podcast.feedspot.com/us_business_school_podcasts. Episode Quotes:Giving back is a gift for students and a reward for yourself.[7:55] Nick Marsh:The goal of going, I think we're somewhere in the thirties right now, but if we are able to achieve getting to the top 10, the value of that degree goes up. You have the ability to change the outlook of not only the students but yourself as well. You can make your degree more powerful, and open more doors for yourself. I remember when I was in college, I thought I had no time. And then now that I'm a father of three and I'm like a full-time working stiff, I have found that I truly have no time now, but I still have the ability to chair this board and give back to the U in as many ways because I spent a whole lot of time at the U and I tried really hard to get my degree and I have the ability to make it worth more than what it was when I graduated in 2013. And you could do that with mentoring and, using your time to give back to the business school.What keeps our alumni tethered to the school?[10:38] I think the number one thing that I hear from almost everybody is that the opportunities that they had at the school to get a degree and then the following career changed their life. I know that was my case, right? I went there. I was on scholarship. And then I was able to launch a really successful career because of the University of Utah and also because people cared about me when I was there. I really do think most of us feel like it helped us and we want to give back. I think that's number one. I think another interesting fact is that a lot of the members who are on the advisory board have either got children or grandchildren, even, at the U. And so, they're also hearing, really, current information. And so, they have, really, relevant experience that they're getting, either back through their kids or grandkids or friends and family, you know, that also have students at the U today. So, I think that they are current, more than you'd think, with what's going on at the school. And they do participate heavily.How staying connected to the university benefited alums like Nick[14:43] Nick Marsh: I get the ability to meet people at Google, Microsoft, Goldman Sachs, and Adobe, all the big companies around the valley that I want to meet. And so my network has gotten to grow [and] has bloomed because I have been active at the U. It's worked out really well that our school's gotten much more powerful.Paige shares what alums can do now to support students[18:13] Paige Erickson: I do think the main thing that we need to do more of is provide internships [and] real opportunities for students. Because what I've seen is many of these kids graduate, and they have all the technical skills in accounting or marketing, but they don't have relevant experience. And what business wants is both, they want them to be technically capable, but also to have the experience and the ability to work on projects and work on teams and collaborate together and not just have the core skills. So, I think that's another way people can provide ways because we don't have a lot of huge businesses in Salt Lake, but we have lots of small businesses. Giving them an opportunity to figure out a way that they can help students get experience, I think would be a really good way for alumni at any company to think about how they could help the youth.Show Links:Paige Erickson | LinkedInNick Marsh | LinkedInDavid Eccles School of Business (@ubusiness) | InstagramUndergraduate Scholars ProgramsRising Business LeadersEccles Alumni Network (@ecclesalumni) | Instagram Eccles Experience MagazineEBB S7E7 | Navigating the New AI Frontier feat. Mark Sunday
Brace for impact, patriots—@intheMatrixxx and @shadygrooove, the relentless truth-hunters exposing deep state lies, ignite Season 7, Episode 132, “DOJ/FBI Cleanse Important; Democrats, Kevin Spacey Want Epstein ‘Files' Released?,” airing July 15, 2025, at 12:05 PM Eastern. Kicking off with Promethian Action's explosive video, they react live, tying its economic insights to Trump's bold Fed restructuring plans, spotlighting the Eccles-named Fed building and the Maxwell psyop's hidden strings. They revisit Trump's fiery X post dismantling complaints about missing Epstein files, while weaving in Comey, Brennan, and QAnon mentions to sharpen the narrative. Flynn and Stone's operations get a fresh breakdown for new viewers, channeling anger into focused resolution. Capping it with Trump's Pittsburgh presser—a massive win—the duo delivers unfiltered analysis, proving the Constitution is your weapon. The truth is learned, never told—tune in at noon-0-five Eastern LIVE to stand with Trump! Keywords Trump, DOJ cleanse, FBI reform, Epstein files, Kevin Spacey, Democrats, Promethian Action, Fed restructure, Maxwell psyop, Flynn, Stone, America First, MG Show, @intheMatrixxx, @shadygrooove Filename mgshow_s7e132_doj_fbi_cleanse_epstein_files Tune in weekdays at 12pm ET / 9am PST, hosted by @InTheMatrixxx and @Shadygrooove. Catch up on-demand on https://rumble.com/mgshow or via your favorite podcast platform. Where to Watch & Listen Live on https://rumble.com/mgshow https://mgshow.link/redstate X: https://x.com/inthematrixxx Backup: https://kick.com/mgshow PODCASTS: Available on PodBean, Apple, Pandora, and Amazon Music. Search for "MG Show" to listen. Engage with Us Join the conversation on https://t.me/mgshowchannel and participate in live voice chats at https://t.me/MGShow. Social & Support Follow us on X: @intheMatrixxx https://x.com/inthematrixxx @ShadyGrooove https://x.com/shadygrooove Support the show: Fundraiser: https://givesendgo.com/helpmgshow Donate: https://mg.show/support Merch: https://merch.mg.show MyPillow Special: Use code MGSHOW at https://mypillow.com/mgshow for savings! Wanna send crypto? Bitcoin: bc1qtl2mftxzv8cxnzenmpav6t72a95yudtkq9dsuf Ethereum: 0xA11f0d2A68193cC57FAF9787F6Db1d3c98cf0b4D ADA: addr1q9z3urhje7jp2g85m3d4avfegrxapdhp726qpcf7czekeuayrlwx4lrzcfxzvupnlqqjjfl0rw08z0fmgzdk7z4zzgnqujqzsf XLM: GAWJ55N3QFYPFA2IC6HBEQ3OTGJGDG6OMY6RHP4ZIDFJLQPEUS5RAMO7 LTC: ltc1qapwe55ljayyav8hgg2f9dx2y0dxy73u0tya0pu All Links Find everything on https://linktr.ee/mgshow
Season 8 continues with our conversations about the new strategic direction at the David Eccles School of Business with a particular focus on the third pillar of the new strategic plan: reputation and legacy. Scott Schaefer is a chair and professor in the division of Quantitative Analysis of Markets and Organizations (QAMO) at the Marriner S Eccles Institute for Economics and Quantitative Analysis. Frances and Scott discuss the legacy of Mariner S. Eccles, the goals of the Institute, and the importance of quantitative skills in business education. Scott elaborates on how the QAMO major equips students with analytical, strategic, and market understanding, preparing them for diverse career paths. Scott also touches upon the societal impact of the institute, the crucial role of faculty research, and the aspirations to position the David Eccles School of Business among the top 10 public business schools by the year 2030.Eccles Business Buzz is a production of the David Eccles School of Business and is produced by University.fm.Eccles Business Buzz is proud to be selected by FeedSpot as one of the Top 70 Business School podcasts on the web. Learn more athttps://podcast.feedspot.com/us_business_school_podcasts. Episode Quotes:3 focal points of the QAMO program[03:55] What we focus on in our program is taking the parts of economics that are really applicable to business decision-making and showing those to undergraduate students and giving them those skills. We like to say we focus on three things in that program. We focus on how markets work. We focus on how to think strategically and how to analyze data.The importance of having quantitative skills[11:57] Frances Johnson: Do you think that sometimes quantitative skills get a little de-emphasized, and why are those skills just as important? Talk about the package and why these quantitative skills have to be as much a part of a successful business education.[13:54] Scott Schaefer: If you're going to rise and lead and really understand all the pieces of an organization, you've got to have the whole package. Not that everybody needs to be [a] calculus genius, but if you don't have quantitative skills enough to understand what the quantitative people in your organization are saying to you, then you know they're going to mislead you for their own purposes, and you're going to run that train right off the tracks. So, I think that the people I've met tend to be incredibly well-rounded. They don't have to be great at everything, but they have to be good enough at everything. It's a very complicated skill set needed to run a business effectively. And I think we should hold business decision-making in higher regard because it's incredibly complicated and also important.How the Marriner S. Eccles Institute is shaping the reputation and legacy of our school[18:04] You know, one of the ways that students could become, for example, the CEO of an S&P 500 company would be to start a career in consulting, transition at some point to that client, and then work their way up through that company. And so, it would be great to have alumni in positions like that, you know, leading the largest companies in the United States. We've had alumni have that career trajectory before. Would be great to have more, to give those opportunities to students. And I think that will increase the prominence of our institution. That's the kind of thing that top 10 public business schools do. And I think we're on the path to getting there. With regard to the reputation of the place, more broadly, outside of just what our alumni do, you know, we've hired outstanding faculty as part of the Marriner S. Eccles Institute. That's a big part of what the original gift was designed to do—to help us build a faculty. And our professors are doing really outstanding economics research that's building our reputation within academia. And so, we have our target set firmly on the top public business schools. You know, we look at a place like Berkeley or Michigan or Indiana or UCLA, and we're looking at who their faculty are and what kind of research they're producing and the societal impact of that research. That's what we're after. And we're really in the process of hitting that mark. Our faculty has really hit their stride over the last few years. And we're very excited for the future.Show Links:Scott Schaefer | Faculty Profile | University of UtahScott Schaefer | LinkedInMarriner S. Eccles Institute for Economics and Quantitative AnalysisDavid Eccles School of Business (@ubusiness) | InstagramUndergraduate Scholars ProgramsRising Business LeadersEccles Alumni Network (@ecclesalumni) | Instagram Eccles Experience Magazine
The Father of Reaganomics, David Stockman, joins us to explore the complex world of international trade and its impact on investors. Key insights include: Challenging conventional wisdom about trade policies Understanding economic forces that drive investment opportunities Gaining expert perspective on global economic trends Stockman provides a candid analysis of current trade strategies, revealing: The true drivers of economic competitiveness Potential pitfalls of protectionist approaches Critical insights for strategic investors The episode cuts through political noise to offer clear, actionable economic intelligence for informed decision-making. Smart investors look beyond headlines to understand the deeper economic forces shaping their financial future. Resources: Check out David Stockman's Contra Corner Newsletter Show Notes: GetRichEducation.com/553 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Automatically Transcribed With Otter.ai Keith Weinhold 0:01 Welcome to GRE. I'm your host. Keith Weinhold, I sit down with a long time White House occupant who was the official economic advisor to an ex president. We get the real deal on tariffs and what they mean to you. Trump gets called out and the ominous sign about what's coming six months from now, today on, Get Rich Education. 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 passive real estate investing in the best markets without losing your time being the flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads of 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 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 1:14 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 1:30 Welcome to GRE from Brookline, Massachusetts to Brooklyn, New York and across 188 nations worldwide. I'm Keith Weinhold, and you are listening to get rich education, just another shaved mammal behind this microphone here. I recently spent some time with the father of Reaganomics, David Stockman, in New York City, and sometimes an issue so critical surfaces that real estate investors need to step back and understand a broader force in the economy. Three weeks ago, here, I told you how the second and third way, real estate pays you. Cash flow and ROA are sourced by your tenants employment and the future of your tenants employment is influenced by tariffs and other policies of this presidential administration. This is going to affect rates of inflation and a whole lot of things. Now, an organization called the American Dialect Society, they actually name their word of the year, and this year, it is shaping up to be that word, tariff. In fact, Trump has described that word as the most beautiful word in the dictionary. And I think we all know by now that a tariff is an import tax that gets passed along to consumers when it comes to materials used in real estate construction that's going to affect future real estate prices. Well, several key ones so far were exempted from recent reciprocal tariffs, including steel, aluminum, lumber and copper exempted. Not everything was exempted, but those items and some others were but who knows if even they are going to stay that way. And now, when it comes to this topic. I think a lot of people want to make immediate overreactions in even posture like they're an expert in become an armchair economist, and I guess we all do a little of that, me included. But rather than being first on this and overreacting, let's let the policy which Trump called Liberation Day last month when he announced all these new tariffs. Let's let policy simmer a little and then bring in an expert that really knows what this means to the economy and real estate. So that's why I wanted to set up this discussion for your benefit with the father of Reaganomics and I today. In fact, what did Reagan himself say about tarrifs back in 1987 this is part of a clip that's gained new life this year. It's about a minute and a half. Speaker 1 4:13 Throughout the world, there's a growing realization that the way to prosperity for all nations is rejecting protectionist legislation and promoting fair and free competition. Now there are sound historical reasons for this. For those of us who lived through the Great Depression, the memory of the suffering it caused is deep and searing, and today, many economic analysts and historians argue that high tariff legislation passed back in that period called the Smoot Hawley tariff greatly deepened the depression and prevented economic recovery. You see at first when someone says, Let's impose tariffs on foreign imports, it looks like they're doing the patriotic thing by protecting American products and jobs, and sometimes for a short while at work. Price, but only for a short time. What eventually occurs is first, home grown industries start relying on government protection in the form of high tariffs. They stop competing and stop making the innovative management and technological changes they need to succeed in world markets. And then, while all this is going on, something even worse occurs. High tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars. The result is more and more tariffs, higher and higher trade barriers, and less and less competition, so soon, because of the prices made artificially high by tariffs that subsidize inefficiency and poor management, people stop buying. Then the worst happens, markets shrink and collapse, businesses and industry shut down, and millions of people lose their jobs. Keith Weinhold 5:50 Now, from what I can tell you as a listener in the GRE audience, maybe you're split on what you think about tariffs. In fact, we ran an Instagram poll. It asks, generally speaking, tariffs are good or bad? Simply that 40% of you said good, 60% bad. Over on LinkedIn, it was different. 52% said they're good, 48% bad. So it's nearly half and half. And rather than me taking a side here, I like to bring up points that support both sides, and then let our distinguished guests talk, since he's the expert. For example, if a foreign nation wants to access the world's largest economy, the United States, does it make sense for them to pay a fee? I mean, it works that way in a lot of places, when you want to list a product on eBay or Amazon, you pay them a fee. You pay a percentage of the list price in order to get access to a ready marketplace of qualified buyers. All right. Well, that's one side, but then the other side is, come on, let's look at history. Where have tariffs ever worked like Where have they ever been a resounding, long term success? Do they have any history of a sustained, good track record? I generally like free trade. Then let's understand there's something even worse than a steep tariff. There are quotas which are imposed, import limits, trade limits, and then there are even all out import bans. What do terrorists mean to the economy that you are going to live in and that your tenants live in? It's the father of Reaganomics, and I on that straight ahead on Get Rich Education. I'm your host. Keith Weinhold. you know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back, no weird lock ups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text, family to 66866, to learn about freedom, family investments, liquidity fund, again. Text family to 6686 Hey, you can get your mortgage loans at the same place where I get mine, at Ridge lending group and MLS, 42056, they provided our listeners with more loans than any provider in the entire nation because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Caeli Ridge personally. Start Now while it's on your mind at Ridge lendinggroup.com, that's ridgelendinggroup.com. Hey Robert Helms 9:28 Hey everybody. It's Robert Helms of the real estate guys radio program. So glad you found Keith Weinhold in get rich education. Don't quit your Daydream. Keith Weinhold 9:48 when it comes to White House economic policy like tariffs, taxes and inflation, don't you wish you could talk to someone that's often been inside the White House. Today, we are even better. He was the official advisor to an ex president on economic affairs, a Wall Street and Washington insider and Harvard grad. Today's guest is also a former two time congressman from Michigan. He's 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. He was first with us last year, but so much has happened since. So welcome back to the show. David Stockman, David Stockman 10:26 very good to be with you, and you're certainly right about that. I think we're really in uncharted waters. Who could have predicted where we are today, and therefore it's very hard to know where we're heading, but you have to try to peer through the fog and all the uncertainty and the noise and the, you know, day to day ups and downs that's coming from this White House in a way that we've never seen before. And I started on Capitol Hill in 1970 so I've been watching this, you know, for more than a half century, actually, quite a while. And man, it's important to go through all this, but it's sort of uncharted waters. Keith Weinhold 11:04 Sure, it's sort of like you wake up every day and all you do know is that you don't know. And David, when it comes to tariffs, I want to give you my idea, and then I want to ask you about what the tariff objective even is. Now, to be sure, no one is asking me how to advise the President. I'm an international real estate investor, but I do most of my business in the US, and I sure don't have international trade policy experience. It seems better to me, David, that rather than shocking the world with new tariffs that kick in right away, it would have been better to announce that tariffs begin in, say, 90 days, and then give nations space to negotiate before they kick in. That's my prevailing idea. My question to you is, what's the real objective here? What are terrorists proposed to do? Raise revenue, onshore companies merely a negotiation tactic? Is the objective? Something else? David Stockman 12:00 Well, it might be all of the above, but I think it's important to start with a predicate, and that is that the problem is not high tariffs abroad or cheating by foreign competitors or exporters. There is a huge problem of a chronic trade deficit that is not benign, that does reflect a tremendous offshoring of our industrial economy, the loss of good, high paying industrial and manufacturing jobs. So the issue is an important one to address, but I have to say, very clearly, Trump is 100% wrong when he attempts to address it with tariffs, because foreign tariffs aren't the problem. Let me just give a couple of pieces of data on this, and I've been doing a lot of research on this. If you take the top 51 exporters to the United States, our top 51 trade partners, and this is Mexico and Canada and the entire EU and it's all the big far eastern China, Japan, South Korea, India, you know, all the rest of them. If you look at the and that's 90% of our trade, we have 2.9 trillion of imports coming in from all of those countries, and the tariff that we Levy, this is the United States, on those imports, is not high. It's higher than it was in the past, mainly because of what Trump did in the first term, but it's 3.9% now compared to bad times historically, decades and decades ago. That's relatively low. But here's the key point, if we look at the same 51 trading partners in terms of the tariffs they levy on our exports to China and to the EU and to Canada and Mexico and South Korea and all the rest of them. The tariff average, weighted average that they levy is 2.1% so let me restate that the average US tariff is about twice as high 4% around things as what our partners imposed 2% now the larger point is whether it's 4% or 2% doesn't make a better difference. That's not a problem when it comes to 33 trillion of world trade of which we are, you know, the United States engages in about five and a half trillion of that on a two way basis, import, export, in the nexus of a massive global trading system. So he's off base. He's wrong. The target is not high tariffs or unfair foreign trade. Now there are some people who say, Well, you're looking at monetary tariffs. So in other words, the import duty they levy on, you know, exports to South Korea or India or someplace like that, right? And that, the real issue, supposedly, is non tariff barriers. For instance, you know, some governments require you that all procurement by government agencies has to be sourced from a domestic supplier, which automatically shuts out us suppliers who might want that business. Well, the problem is we're the biggest violator of the non tariff barrier in that area. In other words, we have something like $900 billion worth of state, federal and local procurement that's under Buy America policies, which means EU, Mexico, Canada, China, none of them can compete. Now I mention that only as one example, because it's the kind of classic non tariff barrier, as opposed to import duty that some people point to, or they point to the fact that while foreign countries allegedly manipulate their currency, but you know the answer to that is that number one, overwhelming, no doubt about it, largest currency manipulator in the world, is the Federal Reserve. Okay, so it's kind of hard to say that there's a unfair trade problem in the world because of currency manipulation. And then there is, you know, an argument. Well, foreign governments subsidize their exporters. They subsidize their industrial companies, and therefore they can sell things cheaper. And therefore that's another example of unfair trade, but the biggest subsidizer of tech industry, and of a lot of other basic industry in the United States is is the Defense Department. You know, we have a trillion dollar defense budget, and we put massive amounts of dollars in, not only to buying, you know, hardware and weapons and so forth, but huge amounts of R and D that go into developing cutting edge technologies that have a lot of civilian applications that, in fact, we see all over the world. That's why we're doing this broadcast right now. The point is that problem is not high tariffs because they're only low tariffs. The problem is not unfair trade, because there's all kinds of minor little interferences with pure free markets, but both, everybody violates those one way or another due to domestic politics. But it's not a big deal. It doesn't make that big a difference. So therefore, why do we have a trillion dollar trade deficit in the most recent year, and a trade deficit of that magnitude that's been pretty continuous since the 1970s the answer is three or four blocks from the White House, not 10,000 miles away in Beijing or Tokyo. The answer is the Federal Reserve has in the ELLs building there in DC, not far from the White House. Yes, yes, right there, okay, the Eccles building the Fed has a huge, persistent pro inflation bias, sure. And as a result of that, it is pushed the wage levels and the price levels and the cost levels of the US economy steadily higher, and therefore we've become less and less competitive with practically everybody, but certainly a lower wage countries nearby, like Mexico or China, far away. And you know, there's, it's not that simple of just labor costs and wages, because, after all, if you source from China, you've got to ship things 10,000 miles. You've got supply chain management issues, you've got quality control issues, you've got timeliness issues. You have inventory carry costs, because there's a huge pipeline, and of course, you have the actual freight cost of bringing all those containers over. But nevertheless, when you factor all that in, our trade problem is our costs are too high, and that is a function of the pro inflation policies of the Fed. Give one example. Go back just to the period when the economy was beginning to recover, right after the great recession. And you know the crisis of 208209 and I started 210 unit labor costs in manufacturing in the United States. Just from 210 that's only 15 years, are up 55% that's unit labor costs. In other words, if you take wage costs and you subtract productivity growth in that 15 year period, the net wage costs less productivity growth, which is what economists call unit labor costs, are up 53% and as a result of that, we started, you know, maybe with a $15 wage difference between the United States and.China back in the late 1990s that wage gap today is $30 in other words, the fully loaded way at cost of average wages in the United States. And I'm talking about not just the pay envelope, but also the payroll taxes, the you know, charge for pension expense, health care and so forth. The whole fully loaded cost to an employer is about $40 an hour, and it's about $10 in the United States and it's about $10 an hour in China. Now that's the reason why we have a huge trade deficit with China, because of the massive cost difference, and it's not because anybody's cheating. Is because the Fed, in its wisdom, decided, well, you know, everybody will be okay. We're going to inflate the economy at 2% a year. That's their target. It's not like, well, we're trying to get low inflation or zero inflation, but we're not quite making it. No, they're proactive. Answer is, we've got to have 2% or the economy is not going to work. Well, well, 2% sounds well, that's a trivial little number. However, when you do it year after year, decade after decade, for a long period of time, and the other side is not inflating at the same rate, then in dollar terms, you have a problem, and that's where we are today. So this is important to understand, because it means the heart of the whole Trump economic policy, which is trying to bring manufacturing home, trying to bring industry back to the United States, a laudable objective is based on a false diagnosis of why this happened, and it is unleashed ball in the china shop, disruption of global economic flows in relationships that are going to cause unmitigated problems, even disaster in the US economy. Because it's too subtle, when you think about it, the world trade system just goods. Now, we've not even talking about services yet, or capital flows or financing on a short term basis. The World Trade in goods, merchandise, goods only is now 33 trillion. That is a hell of a lot of activity of parts and pieces and raw materials and finished products flowing in. You know, impossible to imagine directions back and forth between dozens and dozens of major economies and hundreds overall. And when you start, you step into that, not with a tiny little increase in the tariff. To give somebody a message. You know, if our tariffs are averaging 4% that's what I gave you a little while ago. And you raise tariffs to 20% maybe that's a message. But Trump didn't do that. He raised the tariff on China to 145% in other words, let's just take one example of a practical product, almost all the small appliances that you can find in Target or even a higher end retail stores United States or on Amazon are sourced in China because of this cost differential. I've been talking about this huge wage differential. So over the last 20, 25, years, little it went there now 80% of all small appliances are now sourced in China, and one, you know, good example would be a microwave oven, and a standard one with not a lot of fancy bells and whistles, is $100 now, when you put 145% tariff on the $100 landed microwave oven is now $245 someone's going to say, Gee, are we going to be able to sell microwaves at $245 they're not certain. I'm talking about a US importer. I'm talking about someone who sells microwaves on Amazon, for instance, or the buyers at Walmart or Target, or the rest of them, they're going to say, wait a minute, maybe we ought to hold off our orders until we see how this is going to shake out. And Trump says he's going to be negotiating, which is another whole issue that we'll get into. It's a lot of baloney. He has no idea what he's doing. Let's just face the facts about this. So if orders are suddenly cut back, and the flow that goes on day in and day out across the Pacific into the big ports in Long Beach in Los Angeles is suddenly disrupted, not in a small way, but in a big way, by 20, 30, 40, 50% six or seven months down the road, we're going to have empty shelves. We're going to have empty warehouses. We're going to have sellers who suddenly realize there's such a scarcity of products that have been hit by this blunderbuss of tariffs that we can double our price and get away with it. Keith Weinhold 25:00 Okay, sure. I mean, ports are designed. Ports are set up for stadium flows, not for surges, and then walls and activity. That just really doesn't work. David Stockman 25:08 And let me just get in that, because you're on a good point. In other words, there is a complicated supply line, supply chain, where, you know, stuff is handed off, one hand to another, ports in China, shipping companies, ports here, rail distribution systems, regional warehouses of you know, people like Walmart and so forth, that whole supply chain is going to be hit with a shock. Everything is going to be uncertain in terms of the formulas that everybody uses right now, you know that you sell 100 units a week, so you got to replace them at the sales rate, and you put your orders in, and know that it takes six weeks to get here, and all this other stuff, all of the common knowledge that's in the supply chain that makes it work, and the handoffs smooth and efficient From one player in the supply chain to the next, it's all going to be disrupted. But the one thing we're going to have is we're going to have shortages, we're going to have empty shelves, and we're going to have price which I'm sure that Trump is not going to start saying price gouging of a you know, right? But that's not price gouging. If you have a you know, go to Florida. We have a hurricane. Where we live in Florida and New York, we have a hurricane. All of a sudden the shelves are empty and there's no goods around, because everybody's been stocking up getting ready for the storm. And then all of a sudden, the politicians are yelling that somebody's price gouging, because they raised their prices in a market that was in disequilibrium. Well, that's not price gouging. That's supply and demand trying to find a new balance basic economics. You know, when the demand is 100 and the supply is 35 okay, but I'm kind of getting ahead here, but I think there's very good likelihood that there's going to be a human cry right before, you know, maybe in the fall or right before Christmas, about price gouging and Trump then saying, Well, I was elected to bring prices down and bring inflation under control. It's out of control because all of these foreigners raised their prices. And no, they did, and it was the tariff that did it, and all the people in the supply chain are trying to take advantage of the temporary disruptions. So I think people have to understand, and I can't say this, and I don't like to say it, because I certainly didn't think the other candidate in the last election had anything to offer in terms of dealing with our serious economic problems in this country. I'm talking about Harris. But the fact is, Donald Trump has had a wrong idea for the last 40 to 50 years of his adult life. In that core idea is that trade deficits are a sign of the other side cheating. They're a sign that you're being exploited or taken advantage of or ripped off, or it's not at all okay. Trade deficits are a consequence of cost differences between different jurisdictions, and to the extent that we've artificially, unnecessarily inflated our costs. We need to fix the problem at the source. He ought to clean house at the Federal Reserve. But the problem is, Trump wants lower interest rates when, in fact, the low interest rates created all the inflation that led to our loss of competitiveness and the huge trade deficits we have today. So to summarize, it is important to understand, do not have faith in Trump's promise that we're going to have a golden age of economic prosperity. We are going to have a economic disaster, and it's a unforced error. It's self inflicted, and it's the result of the wrong fundamental idea of one guy who's in the oval office right now throwing his considerable weight around and pushing the economy into upheaval that really is totally unnecessary. He should have done what he was elected to do, and Matt's work on getting production up and costs down, that's not going to be solved with tariffs. David, I have another important point to bring up. But before we do just quickly, are those two to 4% tariffs you mentioned earlier. Those are the tariff levels pre Trump second term correct. We could clarify that those are for the year 2023 that was the latest full year data that we have with great deal of granularity. Keith Weinhold 29:56 The point I want to bring up is there any history? That tariffs actually work. Some people cite the Smoot Hawley Tariff Act from the 1930s and that it drove us deeper into the Great Depression. And David, on the one hand, when we think about, do tariffs actually work? If Indonesia can make shoes for us for $11 why would we want to onshore an activity like that? That is a good deal for us. And then, on the other hand, you have someone like Nvidia, the world's leading semiconductor company, they announced plans to produce some of their AI supercomputers entirely on American soil for the first time recently. And you have some other companies that have made similar announcements. So that's a small shred of evidence that tariffs could work. But my question is, historically, do tariffs actually work? David Stockman 30:44 That's a great question, and there's a huge history. And you can go back all the way the 19th century, where Donald Trump seems to be preoccupied, but what he fails to recognize is that they worked in the 19th century because they were revenue tariffs. It wasn't an effort to, like, bring jobs back to America. We were booming at the time. Jobs were coming to America, not leaving, and it was the federal government's main source of revenue. Because, as you know, prior to 1913 there was no income tax, right? So that was one thing. Okay, then when we got into the 20th century and host World War Two, it became obvious to people that the whole idea of comparative advantage, going all the way back to Adam Smith, and that enhanced a global trade where people could specialize in whatever their more competitive advantage is, was a Good thing. And so we had round after round of negotiations after World War Two that reduced tariff levels steadily, year by year, decade by decade. So by the time we got to the 1990s when China, then, you know, arose from the disaster of Mao and Mr. Dang took over and created all the export factories and said, It's glorious to be rich and all these things is we got red capitalism. But if we start in the 1990s the average tariff worldwide, now this is weighted average on all goods that are bought and sold or imported and exported, was about 9% and there were have been various free trade deals done since then. For instance, we had NAFTA, and the tariffs on Mexico and Canada and the United States went to zero. We had a free trade deal in 212 with South Korea. This never comes up, but the tariff on South Korean goods coming the US is zero. The tariff on us, exports going to South Korea is zero because we have a free trade agreement, and it's worked out pretty well with South Korea. Now we're not the only ones doing this. Countries all over the world. The EU is a total free trade zone in economy almost as big as the United States that used to have tariff levels between countries. Now it's one big free trade zone. So if you take the entire world economy, that 9% weighted average tariff of the early 90s, which was down from maybe 2025, 30, pre World War Two in this Smoot Hawley era, was down to 2.25% by the time that Donald Trump took office, the first time around in 2017 now 2.25% is really a rounding error. It's hardly when you have $33 trillion worth of goods moving around, you know, container ships and bulk carriers and so forth all around the world, and air freight and the rest of it, rail. 2% tariff is not any kind of big deal, as I say in some of the things I write, it's not a hill of beans. So somehow, though 45 years ago, Trump got the idea that tariffs were causing a problem and that we had trade deficits, not because our costs were going up owing to bad monetary policy, but because the other guy was cheating. Remember, this is Trump's whole view of the world. It's a zero sum game. I win, you lose, and if I'm not winning, is because you're cheating. Okay? In other words, I'm inherently going to win. America's inherently going to win unless the other guy is cheating. Now, Trump sees the world the same way that I think he looked at electrical and plumbing contractors in the Bronx, you know, in the 1980s and 1990s when he was developing his various Real Estate projects. These are pretty rough and tumble guys. It's a wild, easy way to make a living. So there's a lot of, you know, there's a lot of pretty rough baseball that's played that mentality that the other guy is always trying to screw me, the other guy's always cheating, the other guy's preventing me from winning, is, is his basic mentality. And it's not Applicable. It's not useful at all to try to understand the global economy. Try to understand why America's $29 trillion economy is not chugging along as strongly and as productively as it should be, why real wages are not making the gains that workers should be experiencing and so forth. So he ought to get out of this whole trade, tariff trade war thing, which he started, I don't know how he does, it's a little late, and focus on the problems on the home front. In other words, our trade problem has been caused by too much spending, too much borrowing, too much money printing on the banks of the Potomac. It's not basically caused in Beijing or Tokyo or Seoul or even Brussels, the European Union. And we need to get back to the basic and the real culprit, which is the Federal Reserve and its current chairman, Paul, if he wants to attack somebody, go after the Fed. Go after Paul. But ought to give them a mandate to bring inflation to zero and to stop fooling around with everything else and to stop monetizing the public debt that is buying government debt, take care of your own backyard first before you start taking, yeah, sure, yeah, exactly. You know, I've been in this for a long time. I start, as I said, I started on Capitol Hill. There have been a lot of protectionist politicians, but they always argued free trade is good, but it has to be fair trade. And you know, we have this example in our steel industry, for instance, where we producers abroad are competing unfairly for one reason or another. But the point I'm getting to is they always said this is an exceptional case. Normally we would go for free trade, but we got to have protection here. We got to have a temporary quota. Even when I was in the Reagan administration, we had a big argument about voluntary quotas on Japanese car exports, and I was totally against it. I thought the US industry needed to get its act together, get its costs down. Needed to get the UAW under control, because it had pushed wages, you know, way, way, way too high terms of total cost. But they argued, yeah, well, you're right, but we have to have 10 years in order to allow things to be improved and adjusted and catch up. So this is only temporary. This is just this. Yes, this is protectionism, but it's temporary. It's expedient that we can avoid and so therefore we'll make an exception. But there is no one, and most of these people were, you know, in the payroll of the unions, or they were congressmen from south to South Carolina going to bad for the textile industry, or congressman from Ohio going to bat for the steel industry, whatever, but there was no one who ever came along and said tariffs are big, beautiful things, and we need to have permanent high tariffs, because that's the way we're going to get prosperity back in United States. It's a dumb idea. It's wrong. It's disproven by history and people. Even though Trump has done a lot of things that I like you know, he's got rid of dei he's got rid of all of this green energy, climate crisis nonsense, all of that that he's done is to the good when you come to this basic question, how do we get prosperity in America? The answer is, through free market capitalism, by getting the government out of the way, by balancing the budget and by telling the Fed not to, you know, inflate the economy to the disadvantage that it has today. That's how you get there. And Trump is not a real Republican. Trump is basically what I call a status. He's for big government, right wing status. Okay, there's left wing, Marxist status, then there's right wing status. But you know, all of this tariff business is going to create so much corruption that it's almost impossible to imagine, because every day there's someone down there, right now, I can guarantee it at the, you know, treasury department or at Commerce department saying, but we got special circumstances here in terms of the parts that we're making for aircraft that get assembled in South Korea or something, and we need special relief. Yes, every industry you're doing is putting in for everybody's going to be there the lobby. This is the greatest dream that the Washington lobbyist community ever had. Trump is literally saying he put this reciprocal tariff. You saw the whole schedule. That he had on that easel in the White House on April 2, immigration day. It was called Liberation Day. I called it Demolition Derby Day. There was a reciprocal tariff for every single country in the world based on a phony formula that said, if we have $100 million deficit with somebody, half of that was caused by cheating. So we're going to put a tariff in place closes half of the difference. I mean, just nonsense, Schoolboy idiocy. Now it is. I mean, I know everybody said, Oh, isn't it great? We've finally got rid of the bad guys, Biden, he's terrible, and the Democrats, I agree with all that, but we replaced one set of numb skulls with another set. Unfortunately, Republicans know better, but they're so intimidated, apparently buffaloed by Trump at the moment, that they're going along with this. But they know you don't put 145%tariff on anything. I mean, it's just nuts. David, I feel like you're telling us what you really think and absolutely love that. Keith Weinhold 41:04 Interestingly, there is a Ronald Reagan clip about tariffs out there in a speech that he gave from Camp David, and it's something that's really had new life lately. In fact, we played the audio of that clip before you came onto the show today, Reagan said that he didn't like tariffs and that they hurt every American worker and consumer as Reagan's economic advisor in the White House. Did you advise him on that? David Stockman 41:27 Yes, I did. And also I can give you a little anecdote that I think people will find interesting. Yeah, the one time that he deviated in a big way from his free trade commitments was when he put the voluntary export quota on the Japanese auto industry. That was big. I don't remember the exact number, but I think it said they couldn't export more than 1.2 million cars a year, or something like that the United States. And the number was supposed to adjust over time, but we had huge debates in the Cabinet Room about those things, and at the end of the day, here's what he said. He said, You know, I've always been for open trade, free trade. I've always felt it has to be fair trade. But, you know, in this case, the Japanese industry came to us and asked for voluntary quotas, so I didn't put up a trade barrier. I'm only accommodating their request. Well, the Japanese did come to him and ask. They did, but only when they were put up to it by the protectionists in the Reagan administration who, on this took them on the side, you know, their negotiators and maybe their foreign minister. I can't remember exactly who commerce secretary and said, If you don't ask for voluntary quotas, we're going to unleash Capitol Hill and you're going to get a real nasty wall put up against your car. So what will it be? Do you want to front for voluntary quotas? Are we going to unleash Congress? So they came to Reagan and said they were the Japanese industry said they're recommending that he impose voluntary restraints on auto exports. That was just a ruse. He wasn't naive, but he believed what you told him. He believed that everybody was honest like he was, and so he didn't understand that the Japanese industry that was brought to meet with him in the Oval Office had been put up to, it been threatened with, you know, something far worse, mandatory quote is imposed by Congress. But anyway, it's a little anecdote. What happened? On the other hand, he continued to articulate the case for small government sound money. We had deficit problems, but he always wanted a balanced budget. It was just hard to get there politically. And he believed that capitalism produces prosperity if you let capitalism work and keep the government out of the marketplace. And there is no bigger form of intervention and meddling and disruption in the capitalist system, in the free market, in the marketplace, than quotas on every product in every country at different levels. They're going to have 150 different countries negotiating bilaterally deals with the United States. That's the first thing that's ridiculous. They can't happen. The second thing is they're going to come up with deals that don't amount to a hill of beans, but they'll say, we have a deal. The White House will claim victory. Let me just give one example. As we know, one of the big things that Trump did in the first administration was he renegotiated NAFTA. And NAFTA was the free trade agreement between Mexico, Canada, United States. Before he started in 2017 the trade deficit of the US with Mexico and Canada combined with 65 billion. And he said, That's too big, and we got to fix NAFTA. We have got to rebalance the provisions so that the US comes out, not on the short end of the stick 65 billion. So they negotiated for about a year and a half, they announced a new deal, which he then renamed the United States, Mexico, Canada agreement, usmca, and, you know, made a big noise about it, but it was the same deal with the new name. They didn't change more than 2% of the underlying machinery and structure, semantics. Well now, so now we fast forward to 2024 so the usmca Trump's pride and joy, his the kind of deal that he says he's going to seek with every country in the world is now four years into effect. And what is the trade deficit with Canada and Mexico today, it's 230 5 billion okay? It's four times higher now than it was then when he put it in place. Why? Because we have a huge trade deficit with Mexico. Why because, you know, average wages there are less than $10 an hour, and they're $40 an hour here. That's why it has nothing to do with a bad trade deal. It has to do with cost differences. Keith Weinhold 46:27 David, this has been great, and as we're winding down here, we have a lot of real estate investor listeners tell us what this administration's overall policies, not just tariffs, but overall policies, mean for future employment, and then tell us about your highly regarded contra corner newsletter. David Stockman 46:45 Well, those are that's a big question. I think it doesn't mean good, because if they were really trying to get America back on track our economy, they would be fighting inflation tooth and nail to get it down to zero. They would be working day and night to implement what Musk came up with in the doge that is big spending cuts and balancing the budget. They're not doing that. They're letting all these announcements being made, but they're not actually cutting any spending. They would not be attempting to impose this huge apparatus of tariffs on the US economy, but they're not doing that. So I'm not confident we were going in the wrong direction under Biden, for sure, and we're going in an even worse direction right now under Trump. So that's the first thing. The second thing is, I put out a daily newsletter called David stockman's Country corner. You can yes signers on the internet, but this is what we write about every day, and I say A plague on both their houses, the Democrats, the Republicans. They're all, in many ways, just trying to justify government meddling, government spending, government borrowing, government money printing, when we would do a lot better if we went in the opposite direction, sound money, balanced budgets, free markets and so forth, so. And in the process, I'm not partisan. You know, I was a Republican congressman. I was a budget director of the Reagan administration. I have been more on the Republican side, obviously, over my career than the Democrats, but now I realize that both parties are part of the problem, and I call it the uni party when push comes to shove, the uni party has basically been for a lot of wars abroad and a lot of debt at home, and a lot of meddling in the economy That was unnecessary. So if you look at what I write every day, it tries to help people see through the pretenses and the errors of the unit party, Democrats and Republicans. And in the present time, I have to focus on Trump, because Trump is making all the noise. Keith Weinhold 48:59 100% Yes, it sure has kept life and the news cycle exciting, whether someone likes that news or not. Well, David, this has been great. In fact, it sounds a lot like what Reagan might have told me, perhaps because you were a chief economic informant for him, smaller government, letting the free trade flow and lower inflation. Be sure to check out David stockman's contra corner newsletter if you like what we've been talking about today, just like it was last year, David, it's been a real pleasure having you on GRE today. David Stockman 49:30 Well, thank you very much. And these are important issues, and we've got to stay on top of them. Keith Weinhold 49:41 Oh, yeah. Well, David Stockman truly no mincing words. He doesn't like tariffs. In summary, telling GRE listeners that the problem with trade imbalances is inflation attack that instead quell inflation, don't impose tariffs. A lot of developing nations and China have distinct advantages over manufacturing in the United States, besides having the trained labor and all the factories and systems in place, think about how many of these nations have built in lower costs they don't have to deal with these regulatory agencies, no EPA, no OSHA, and not even a minimum wage law to have to comply with. And here in the US get this, 80% of American workers agree that the US would benefit from more manufacturing jobs, but almost 75% disagree that they would personally be better off working in a factory themselves. That's according to a joint Cato Institute in YouGov survey. It's sort of like how last century, Americans lamented the demise of the family farm, yeah, but yet, they sure didn't want to work on a farm themselves. Now there are some types of manufacturing, like perhaps pharmaceuticals or computer chips that could likely be onshore, because those items are high value items. Their value can exceed the cost of being produced in the USA, but a lot of these factory goods, not again. If these topics interest you do a search for David stockman's contra corner, or you can directly visit David stockman's contra corner.com. Big thanks to the father of Reaganomics, David Stockman on the show this week. As for next week, we're back more toward the center of real estate investing. Until then, I'm your host. Keith Weinhold, don't quit your Daydream. Y Unknown Speaker 51:42 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 Keith Weinhold 52:02 You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access and it's got paywalls and pop ups and push notifications and cookies disclaimers, it's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. 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