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David Troutt: Nisqually Natural Resources Director on the amazing MILLION chums returning to Puget Sound and chinook recovery update // American Sportsfishing Association's Larry C Phillips Pinniped predation and a Federal solution to a Federally-caused problem: The Marine Mammal Protection Act vs The Endangered Species Act // Austin Moser of austinsnorthwestadventures.com Rufus Wood Triploid time!
For almost 20 months, investigative journalists Mandy Matney, Liz Farrell and Beth Braden have covered the Mica Francis case. They've filed dozens of Freedom of Information Act requests, listened to hours of recordings, gone through stacks of police reports, court documents, transcripts and text messages to piece together what the final months, weeks and days of Mica's life looked like as she tried to extricate herself from her husband, “Pastor” John Paul Miller. On April 27, 2024 — the day Mica killed herself in a remote part of a North Carolina swamp — JP was the leader of Solid Rock Ministries in Myrtle Beach, South Carolina, where he had built, destroyed and rebuilt his megachurch all while, according to records and accusations made by family, friends and former church members, using his position of power and his so-called connection to God to bully, harass and torment his young wife, Mica — all the while denying wrongdoing and escaping accountability. On Dec. 18, 2025, the United States Government announced that JP Miller (finally) was going to be held accountable for his alleged actions against Mica, who investigators say killed herself as a result of JP's threats and abuse. He has been charged with one count of cyberstalking for his alleged actions between Nov. 16, 2022 and the day of Mica's death and one count of lying to federal investigators. Today we're enjoying vindication and a day of celebration that Mandy and Liz hope will have more people talking about the effects of coercive control abuse. So much to cover, so let's dive in!
The President has issued an executive order placing a moratorium on state AI regulations, but the states that might be hurt most by such a moratorium are the states that can't afford not to play ball.We also discuss AI-generated police suspect sketches, Meta's official stance on reading DMs as it starts targeting ads based on AI chats, and more.Hosts:Robb Dunewood – @RobbDunewoodStephanie Humphrey – @TechLifeStephTerrance Gaines – @BrothaTechLinks:Will AI-generated police sketches lead to more accurate policing? — Read MoreNo, Meta Won't Read Your IG or Facebook DMs. — Read MoreTrump threatens funding for states over AI regulations — Read MoreSupport The Tech Jawn by becoming a Patron – https://thetechjawn.com/patreon Hosted on Acast. See acast.com/privacy for more information.
Citizen Action of Wisconsin executive director Robert Kraig joins to discuss how the state should handle data centers and energy costs. We also talk healthcare at both the state and federal level, and Wisconsin's gerrymandered US House maps, as there are two lawsuits pending seeking to change them. We began the show, though, since Citizen Action is based in Milwaukee, discussing the Bucks potential trade of Giannis Antetokounmpo and the Brewers talk of getting rid of ace pitcher Freddy Peralta — using “small market” as the excuse. Next we dive into healthcare. At the state level, we talk about a recent report showing Wisconsin teachers spending 20% of their salaries on healthcare. Federally, we hit on the US Senate voting down both the extension of ACA subsidies and a GOP plan that would have let people buy into high-deductible bronze or catastrophic plans and receive a direct deposit of up to $1,000 into a Health Savings Account to cover out-of-pocket costs. In the second half of the show, we deep dive on data centers in Wisconsin and how the state should handle their massive energy consumption with more solar power. We also talk about how there’s literally rules against residents creating solar farms and no incentive for power companies to create more solar because it’s not profitable. Lastly, we talk about Wisconsin’s gerrymandered US House maps, as two lawsuits go through the courts that could upend the current lines.See omnystudio.com/listener for privacy information.
Who’s in/who’s out in the BC Conservative race. Eby promises to amend DRIPA as Conservatives call for a repeal. Federally, another MP crosses from the Liberals to the Conservatives, making Elizabeth May the kingmaker (for now). Yves Engler is rejected from the NDP leadership, Carney pitches ‘constitutional’ mandatory minimums as he snuck superpowered ministers into his budget bill. Links Rookie MP Aaron Gunn considers bid to lead BC Conservatives – The Globe and Mail Kerry-Lynne Findlay Christy Clark cryptic posts Former B.C. premier says Conservatives cannot be ‘kooky’ if they want to govern – Victoria Times Colonist Sturko hasn't ruled out B.C. Conservative return, bid for party leadership | Goldstream News Gazette Eby says DRIPA law could be amended after First Nations win appeal in mining case – Victoria Times Colonist B.C.’s Indigenous rights law is legally enforceable, rules court Eby accuses courts of jeopardizing B.C. economy, resource projects – The Globe and Mail Ontario MP Michael Ma crosses floor to Liberals, putting party one seat short of majority – The Globe and Mail NDP rejects Yves Engler as leadership candidate – The Globe and Mail Full correspondence via Yves EnglerCanada overhauls Criminal Code to protect victims and keep kids safe from predators What is in Bill C-16, Ottawa's legislation that seeks to toughen gender-based violence laws? – The Globe and Mail Opinion | Mark Carney is quietly giving sweeping new powers to his ministers Canada Post commits to free postage for people who are blind as legislation changes
Brian Clive of fishqcl.com Tired of winter already? Let’s talk Haida Gwaii in the springtime!!! // Don't miss Three Rivers Marine's Northwest Outdoor Report! // Duckworth Wheelhouse: American Sportsfishing Association's Larry C Phillips Pinniped predation and a Federal solution to a Federally-caused problem: The Marine Mammal Protection Act vs The Endangered Species Act // The Outdoor Line's Really? Where? The hottest report we've heard all week and the techniques YOU need to Succeed!
Avoiding simple mistakes with the IC-DISC can mean the difference between maximizing tax benefits and leaving money on the table. In this episode of The IC-DISC Show, I sit down with Brian Schwam, National Managing Director of International Tax Services at WTP Advisors, to talk about the most common IC-DISC misconceptions that trip up practitioners and the underutilized opportunities many businesses are missing. Brian walks through the critical timing rules that confuse even experienced CPAs, including the 60-day and 90-day payment requirements that many practitioners misapply. He explains how the reasonable estimate safe harbor actually works and why paying the minimum amount can accidentally cap your commission at twice that figure. We cover the ordering rules for distributions, the often-misunderstood $10 million threshold, and why the transactional calculation method isn't nearly as impossible as people think. Brian also clarifies that IC-DISC dividends are subject to the net investment income tax, despite what some practitioners might believe. The conversation shifts to creative structures most companies never consider. Brian explains how multiple DISCs can fund executive bonuses at qualified dividend rates instead of ordinary income rates, saving both employment taxes and up to 17% in federal tax for recipients. He describes evergreen dividend resolutions that eliminate the stress of year-end cash movements and shared-DISC structures that make the strategy economical for smaller exporters with under $3 million in sales. These approaches work for both flow-through entities and C corporations looking to avoid double taxation. After more than three decades in international tax, Brian brings clarity to a strategy that looks deceptively simple on paper but contains hidden complexity at every turn. This episode delivers practical guidance you can use immediately, whether you're a practitioner helping clients or a business owner evaluating your own structure.   SHOW HIGHLIGHTS Paying the minimum 50% under the 60-day rule accidentally caps your total IC-DISC commission at twice that amount, limiting flexibility. Companies with export sales over $10 million can still use an IC-DISC—the cap only limits income deferral, not eligibility. Multiple DISCs can fund executive bonuses at qualified dividend rates, saving up to 17% in federal tax versus ordinary income. The transactional calculation method isn't impossible—most companies in 2025 can pull the data needed to maximize their IC-DISC benefit. Evergreen dividend resolutions eliminate 60-day and 90-day payment stress by automatically distributing commission rights on December 31st each year. Shared DISC structures let exporters with under $3 million in sales split compliance costs while each partner keeps their full tax benefit.   Contact Details LinkedIn - Brian Schwam (https://www.linkedin.com/in/brian-schwam-b6026a3/) LINKSShow Notes Be a Guest About IC-DISC Alliance Brian SchwamAbout Brian TRANSCRIPT (AI transcript provided as supporting material and may contain errors) Dave: Hi Brian Welcome to the podcast. Brian: Hi Dave. Thanks for having me. Excited to be here. Dave: Yeah, my pleasure. So quick intro, Brian is, what's your title with WTP? Brian: National Director of National Managing Director of International Tax Services, which encompasses export incentives as well as more general international tax consulting. Okay, Dave: And that's at WTP advisors? Brian: Correct. Dave: And you and WTP advisors are founding members of the IC-DISC Alliance along with my firm and myself. Brian: That is correct. Dave: And so are you brand new to this international tax business? Did you pick it up last year or something? Brian: That's funny. I don't think I look like I picked it up last year. I've been been full-time international tax since 1992IC, and prior to that I spent a few years as a generalist, which I think makes me a better international tax person, but it's been a few years, been around the block a few times. Dave: Well, I think it makes you better. I always introduce you as the IC-DISC guru. Now that Neil Block has retired, I think you can now take over the mantle of godfather of the IC-DISC, Brian: Right? Or the step godfather. I don't know if anyone can ever replace Neil. He had a lot of knowledge, has a lot of knowledge in this area and a lot of experience, and I'm just kind of flattered to be compared to him. Dave: Well, Neil was, I think my inaugural or second guest, and I think he's only been on the podcast once. So I think you're trumping Neil with this either your second or third visit. Brian: I think it's the third visit. And Neil's retired and joined the Good Life and I'm not, so that's probably why I've beaten them as far as number of appearances. Dave: There you go. Well, today I want to talk about IC-DISC. I want to talk about misconceptions and maybe underutilized opportunities. So the IC-DISC is straightforward as can be cut and dried. Anybody can prepare the return, anybody can do the calculation. Easy peasy. There's nothing to your toe on. Is that accurate? Brian: That's far from accurate. Okay. Strength. Yeah. A lot of practitioners think that is the case, but I've seen more than a handful of IC-DISC returns and IC-DISC calculations done by generalists that definitely have a flare for not knowing what they're doing or not understanding the rules. And for a six page tax return that looks very straightforward. You'd be surprised how many of them are completely incorrect. Dave: Yeah, it's kind of deceiving, right? Because even the instructions for the return are only a handful of pages, right? Like six or eight pages. Brian: And then there's a couple of lists of codes and things that make 'em a little longer. But yeah, there's not much to it. But I mean, initially there are some statutory and regulatory things that have to be done, have to be done the correct way, and the rules are very draconian. If you don't do it the correct way, there's really no way to remedy the fact that you set up, you just deal with the consequences of having a disqualified IC-DISC, which means you've lost your IC-DISC benefits prospectively and you set up a new one or you forego the benefits No in between, really? Dave: Yeah. Brian: So some of these misconceptions that I've run into could lead to a IC-DISC being disqualified. Dave: So what's the first one that comes to mind? Brian: The first one that comes to mind really for me in practice is how does the 60 day rule and the 90 day rule work, this has to do with when do I have to move money to the IC-DISC? And some people don't understand it and they do things that make it not a problem. Other people do things, they don't understand it and it becomes a problem. So the 60 day rule basically says you must fund a reasonable estimate of the IC-DISC commission to the IC-DISC within 60 days after the end of the IC-DISCs year. It sounds very straightforward, but some people ignore that rule and some think they have to pay it all before the end of the year, but they don't have a 60 day window after the end of the year to accrue that IC-DISC commission and pay a portion of it. The other thing I see people do with the 60 day rules, they don't have all the information. They estimate a number. They say, oh, let's say the commission's going to be a thousand dollars and they pay $500 to the IC-DISC by the end of the 60th day. Well, what have they just done? Well, the 60 day rule says, yeah, you have to pay a reasonable estimate in the regulation. There's a safe harbor that says a reasonable estimate is at least 50% of the final IC-DISC commission. So by moving the least amount of money possible, they then limit their potential IC-DISC commission to two times that number. So rather than saying, oh, I think my IC-DISC commission's going to be a thousand and I'll pay 800 so that I have flexibility to go up to 1,600, they pay 500 and it can never be more than a thousand because there's a lot of information that's going to come out after the end of the year that's going to affect taxable income. And they generally don't know those things within the first 60 days after year. Dave: And what about for, I think this is for accrual basis taxpayers or accrual basis related suppliers. What about if it's a cash basis related supplier? Brian: Well, if it's a cash basis related supplier, now we're outside the DIS rules, but we're in the tax accounting. And in order to get a deduction, the payment does need to be made before the end of the year. If the payment is made after the end of the year, within that 60 day window, you've now pushed the deduction to the subsequent year, which really most people wouldn't be happy with. They want the production in the year that the exports arise, not in the subsequent year. So the other rule having to do with the moving of the cash is the 90 day rule, which says that you have to pay the IC-DISC any remaining commission within 90 days after the commission has been finalized. Well, finalized really means when did I file my IC-DISC return? And so it's an original return. It can be filed as late as eight and a half months after the end of the year. So you really have 11 and a half months from the end of the year to pay the remaining amount. So if we assume calendar year, that's a September 15th filing and a December 15th funding deadline for the remaining commission. I see a lot of practitioners out there that think the 90 days ends on the filing of the IC-DISC return, not starts on the filing of the IC-DISC return. So then they rush to pay that money and then they think they have a problem if they haven't paid it by the time they file. So I mean, there's no harm in paying it early, but that's not how the rule works. And then if someone's determining and amending a IC-DISC return and they owe more funds to the IC-DISC, they have 90 days. So when they file that IC-DISC return, amended IC-DISC return to make that extra payment to the, now, the other misconception is, well, what happens if my 60 day payment was greater than the final commission? I overestimated. So then the 90 day rule says if the IC-DISC received too much under the 60 day rule, it has 90 days that same 90 day window to pay back the overage back to the related supporter. So most people don't understand those rules and they do things that either potentially cause a problem or they create a lot of self-induced anxiety. They think they have to do something sooner than they have to do it. Dave: And speaking of the due date, if somebody wants to file their IC-DISC return in September, do they have to file an extension like to do their corporate return by March 15th? Brian: Nope. That is no, eight and a half months is the due date. There's no extension for a IC-DISC return. That is just the due date. Dave: And then what about if somebody wants to electronically file the IC-DISC return? How does that work? It doesn't. Okay. Brian: And why is that? Dave: Can't you electronically file Brian: Everything? Unfortunately not the IC-DISC, the 1120 IC IC-DISC is still a return that requires a paper filing. And sometimes clients don't realize that and they forget to file. And the good news is there's only a hundred dollars penalty for a late filing. But the bad news is if you keep continually don't file the IRS could. They could terminate your IC-DISC election. But yeah, there's no electronic filing. And then there's, there's another form. You also can't electronically file that relates to the IC-DISC, that it's the form 84 0 4, which relates to an interest charge that a taxpayer who owns a IC-DISC may have to pay if income is deferred to the IC-DISC and not distributed out as a qualified dividend to that shareholder. There's a lot of misconception around that form. And the first misconception is sometimes they think the IC-DISC needs to file that form and pay the interest. That is not true. That is not true. And so many times I'm asked to file that and I'm like, I can't file it. I can't prepare it. I don't know the information that goes on. And it's based on the shareholder or the disk. And if the shareholder is S corporation or a partnership, it's not based on that entity, it's based on its shareholders or partners. And there could be multiple 84 oh fours filed. And then oftentimes there's a surprise like, oh, I have to pay interest. I didn't know I had to pay interest. Well, it is called an IC IC-DISC, and the IC stands for interest charge. So that should not come as a surprise, but it often does. Dave: Okay. Wow, Brian: Go ahead. Yeah, so we're still on moving cash around. So there's also timing of when the shareholder of a picks up dividend income. So a lot of people think that if they pay the IC-DISC within that 60 day window after the end of the year and pay the dividend in the same 60 day window, somehow the dividend is recorded as though it happened on December 31st, and there's no deferral of the income in the IC-DISC. That's just flat out wrong. A dividend is taxable when it's declared, and most likely it's not going to be declared as of the end of the year. Dave: So that's like a miss application of the age old matching principle in accounting? Brian: Yes. Yes, definitely. Or a misapplication of someone thinking they have a evergreen dividend resolution, which I won't get into at the moment, but it's something that is used to accelerate dividends so that they do match the deduction of a IC-DISC. And you can't just match it because you have to match it because there's some reason to match it or there's action that's taken that would cause it to be matched. Dave: And I've heard some professionals maintain that because they're basically accelerating the dividend income to the current year, thereby bypassing the inherent deferral. That's okay, because why did the IRS care if they got paid a year early? Do you think that's, what's your opinion of that? Brian: I think that's a nice practical approach to that issue. I use it myself. I don't think that the IRS would audit a taxpayer and say, oh, by the way, you picked up that dividend too early. I'm going to write you a refund check. Dave: Yeah. Brian: Plus interest, I don't think, Dave: Now what if there was an audit though, and you had an issue where the audit period it covered had a mismatch so that if there was a year that you say it was the 2022 tax year and the dividend income should have been recognized in 2023, but they recognized it in 2022, and then let's just say they did an audit from of 2023 in isolation, and then let's say in 2023, the client didn't use the IC-DISC or had a much smaller commission amount, could the IRS potentially say, we don't care about 2022. In 2023, you should have recognized the dividend income. Brian: They they certainly could. And then they'd say, well, 2022 is closed. We can't adjust that. So it's always better to not fall into that fact pattern, but it happens. Definitely happens. Dave: So it Brian: Sounds like the good news is there's not a lot of IC-DISC audits that go, Dave: Yeah. So you're saying it sounds like when in doubt, just follow the rules, it sounds like. Brian: Yeah. Dave: When Brian: In doubt follow the rules, don't make up your own rules, for Dave: Sure. Yeah. Well, and I think part of the problem is people may not be aware of the rules. Brian: They're not, and then they just fill in the blank. Their brain fills in the blank with what they think makes sense. Dave: Yeah, because a lot of be a lot of differences between the IC-DISC and say an S corp, right? Like the election to be treated as an S corp does not have the same deadline urgency as the election be treated as a IC-DISC. Is that correct? Brian: I'm not a hundred percent sure, but there might, yeah, I am a hundred percent sure. Because if you miss the deadline for the S selection, there's automatic relief available for the S selection to be made late. There is no automatic relief available for a IC-DISC election. Either you've met the requirement to file it within the first 60 days of the corporation its existence, or you haven't. Now, there are exceptions, and we have written some private letter ruling requests in the past to get be granted relief for missing that 90 day window, but that's an extensive Dave: Miss. Yeah, understood. And then some other, Brian: And you may not know for two years whether you're going to get the relief or Dave: Yeah, I know I've had CPAs tell me that they frequently will just include the form 25 53 S corp election with the filing of the initial S corp return. Brian: That's allowed. And that's allowed, Dave: Yeah. Obviously you can't do that with the IC-DISC return. Brian: No, no. So then on the topic dividends, there's also some misunderstanding or misconception of whether a dividend from a IC-DISC is subject to the net investment income tax, the 3.8%. Dave: Oh, yes. I've heard people take that position that it's not subject to. What are your thoughts? Brian: Well, my thoughts are that many years ago, like 11 years ago, the IRS came out and said, it's definitely subject to the commission IC-DISC paying a dividend. That dividend is definitely subject to the net investment income tax. So I personally don't get involved in individual returns, so I don't know what people are doing, but if I'm ever asked, that's what I'll tell somebody. And I say, you can take whatever position you're comfortable taking, but this is the position I know the IRS would take. Dave: Okay, that makes sense. What other pitfalls do you see or misconceptions Brian: People have? So when I see IC-DISC, there's a $10 million, let's call the $10 million deferral cap with regard to a IC-DISC. And what that means is any IC-DISC commission related to export sales made by the related supplier, which are greater than 10 million above that $10 million threshold, create what's called a deemed dividend. You're not allowed to defer any of that income in the IC-DISC. Well, in practice or in the real world, people think, oh, I can't have more than 10 million of export sales. If I go over 10 million, I can't use the disk. That's clearly not true. I have clients that have seen clients that have billions of dollars of export sales. They just have a very large deep dividend that goes along with the IC IC-DISC commission. There is no limitation on the amount of export sales, the limitations on how much of the income you can defer the IC-DISC if you have more than 10 million of export suit. Dave: Okay. Brian: I've also seen related to that issues where someone's exporting military property. So military property, half of the income is a deemed dividend automatic under the rules. And then I've seen where they then add, and let's say the sales were over 10 million, they've added, they made an additive, they took half of the commission on the military property, and they said, oh, my sales are more than 10 million. I have additional deemed dividend as well. That's not how it works. The way it works is you compute your deemed dividend on the sales in excess of 10 million, and then from that you subtract the deemed dividend related to the military property. And so the most your deemed dividend can be is related to that $10 million cap. Dave: Okay. Yeah, I was less familiar with the military aspect of it. I don't think any of my clients are exporting military property. Brian: That's just an example. I mean, there's other things that give rise to deemed dividends as well. For example, one way you can defer income in a IC-DISC is to loan the money back to the related supplier. Under a producer loan arrangement, there's very specific facts that support the ability to use a producer loan. But then each year, the interest that's earned on that producer loan is a deemed dividend. Dave: Oh, sure. Brian: Whether it's paid or not. So whether the interest is paid, and then when the dividend is actually paid, it's not taxable because we've got a lot of ordering rules in the IC-DISC about when things get paid out and how they get paid out, and I don't have all day, but that's another area where I think there's a lot of misunderstanding. Dave: Okay. Brian: Oh, well, so I can focus on one small part of that is the IC-DISC in year one has the income of a hundred. In first quarter of year two, they pay out the 100 to the IC-DISC and the DIS pays the dividend. And in year two, it earns $300, and that gets paid in year three. Well, I hear all the time, well, I don't have any income deferred to the DIS because I earned the a hundred dollars in year one, I paid it in year two, and I paid the dividend in year two, and then I had income for year two of $300 that I paid in year three. Well, it doesn't work that way. In the DIS world or in the tax world in general, current earnings are always considered to be distributed first. So that a hundred dollars that gets paid out in year two is really coming from the year two earnings. And the year one earnings are still sitting in the deferred, thus giving rise to the interest charge that someone thinks they're avoiding. Dave: Okay. Brian: So there's some misconception about how that works. Dave: So I have one I just thought of, and I've heard this is the one, the misconception I've probably heard the most. Under no circumstances can the IC-DISC commission create a loss at the related supplier level? No matter how you do the calculation, it's Brian: Impossible. That's a big misconception. Dave: Yeah, Brian: There's no rule. There is no rule like that. Okay. So the rule is actually applied at the level in which you're computing the IC-DISC commission. So if you have exports with a profit, but overall your company has a loss, you can still compute a IC-DISC commission on those export sales because they have profit. Now, you can't cause the profit on the export sales themselves to become a loss. So let's say your export sales are making 2% bottom line, but overall, your company loses 3% bottom line. Some people will think, I can't get a IC-DISC commission. I have a loss. That's not true. You can claim a IC-DISC commission, but it cannot be more than 2% of the export profit because then makes the profit on the export zero, but it can't go below zero. Dave: And that's if you're using what we would call the standard or simple calculation. Brian: That's the simple calculation. Now, if you're doing something more detailed and you're calculating a IC-DISC commission on a product or product line or a transaction, you apply that no loss rule at that level. So you can have a number of transactions that are profitable, you can have a number of transactions that are not profitable, and then different rules apply. There's really people think, oh, there's two methods to compute a IC-DISC commission. That's probably another big misconception. There's really 18 methods to compute a IC-DISC commission, and you can choose one that allows you to get a commission but doesn't create a loss, and in some cases does actually allow you to create a loss. Dave: And is that methodology difference? I can't think of the technical accounting term, like where if you change your inventory method, you have to notify the IRS or you make an accounting change. This isn't like that, right? You don't have to each year notify the IRS. We used the 4% method last year, we're using the 50% this year, or we're doing other methodology. Correct. Brian: So you technically notify them by checking various boxes on the IC-DISC return, but it's not like a change in the accounting method where you have to apply for a change and have it approved or have an automatic change. This is considered a change in facts. And however your facts bear out, you can claim whatever commission you're allowed to claim. Dave: Now, when you do that transactional calculation, another misconception I hear is that it's just impossible because there's all this data that the company doesn't have, and it's so complicated to do it that just nobody has the ability to do it. Nobody can do it. Nobody wants to do it. Talk to me about that. Is the data really impossible to get from the clients? There no client that can provide any data that can be used. Brian: There may be handful that can't, but by and large, most companies have the ability in 2025 to obtain that data. When the rules were written in 1972, I'd say it was probably flipped where only a handful could probably get that information. And the vast majority of companies would never be able to get that information. But somebody wrote the regs that way back in the early seventies, and with the idea that you could get transactional information and compute the dis commission transactionally as opposed to at a higher level where everything's grouped together or a simple calculation. But in 2025, it's very, I have a hard time determining conceiving of a company that can't get some information pulled together. And that's the other, there's a related misconception. Oh, I have to tie out every dollar of my cost of good sold before I can tell you I have cost of good sold data for a transaction. Well, that's just not true because in the real world, companies make journal entries adjusting the cost of good sold. They don't do it at a transactional level. There's other things that schedule M'S on a tax return that affect cost of good sold. And so no, you don't have to nub that out to the last dollar to say, I have transactional data. You have to be able to identify what you can and what you can't identify gets allocated or apportioned across all the transactions. And if you think about it, if you say, I can't get anything, you're really apportioning all of the costs over everything anyway. That's the ultimate in apportionment. There's not even any allocation. You're just saying, oh, every one of my transactions has the same margin as a result, which is really factually never the case. Dave: Well, and I just thought of another one, and this isn't maybe a misconception as much as it is a misinterpretation. I can't tell you how many IC-DISCs I see that the related supplier is a flow through entity, yet they have the individuals own the IC-DISC. Have you seen this before? Brian: I've seen it. And sometimes they think that's the way it had to be. Sometimes they hadn't really thought of. It depends how they're using it. But the real downside to that is the IC-DISC commission reduces the income of the flow through entity, thus reducing the basis they have in their shares of that flow through entity. And then the dividend gets paid to the individual and there's no basis increase the dividend income. And unless they contribute the funds back to the business, they're eroding away their basis stock, which ultimately will result in a higher gain if they ever sell their business. Dave: When the ownership of the IC-DISC matches the ownership of the related supplier. Can you think of a scenario where it is actually beneficial for the individual shareholders to the IC-DISC instead of the related supplier? Brian: Yes. There are situations depending on where this shareholder lives. So let's say the shareholder lives in, say the company is operating in a state with a state income tax, but the shareholder lives in a state that doesn't have a state income tax. It's possible to get that dividend to the shareholder tax free, where maybe if it went through the S corporation or the partnership, it would not be tax free. Dave: I see. And you're talking about tax free at the state level? Brian: Yes. Federally, I don't really see in a regular IC-DISC that's just been used to pay dividends to the owners of the supplier. I don't see, unless it's a C corporation, in that case, you don't want the IC-DISC owned by the C corp, but if it's a flow through entity, you generally get the same tax answer, whether it's owned directly by the flow through entity or directly by the shareholders. Dave: Okay. Oh, I just thought of another misconception. It's funny, when we started this column, I only had a handful of misconceptions. But the more we talk, the more we think of. So here's another one. Say you have a flow through as the related supplier yet for whatever reason, you want the IC-DISC to be owned by the individual shareholders. Well, I've been told several times that the ownership of the IC-DISC must match the ownership of the related supplier. There is no option to do otherwise. Is that accurate? Brian: That's a fairly strong statement. So the answer to that is no, it's not absolutely not required. Now, if the shareholders are related to one enough FAMILIALLY related, and there appears to be donative intent. So if mom and dad own a company and set up a IC-DISC and transfer it to the kids, there is some old IRS guidance out there that says, Hey, when a IC-DISC commission's paid to that IC-DISC, mom and dad are making a gift to kids. So that's a pattern you want to avoid, which is pretty easy to avoid, frankly. Dave: And you would avoid that by just setting up a new IC-DISC that the children would Brian: Set up initially and not get transferred by Dave: To the right and where the kids are making the capital contribution to Bible stock and Brian: Right. Exactly. But that's the one little gray area. Otherwise, there are some people out there that set up a IC-DISC to fund bonuses for executives. And we've kind of transitioned here away from misconceptions to underutilized opportunities because really that's an opportunity where you can use a IC-DISC to fund bonus payments to key executives and owners, or not owners, and it doesn't save the company any money, but it certainly saves the recipients a good amount of tax because if they get bonuses, they're paying tax, whatever their ordinary rate is, let's just say 37%, where plus there's payroll tax of 3.8%, whereas if it's funded through a IC-DISC, they pay tax at the qualified dividend rate plus the 3.8%. So it's a 17% rate differential on that type of income between the wages and the qualified dividend for the recipient. Dave: And I guess it would also save the employer portion of the employment taxes as well, right? Brian: Well, it saves the employee and the employer, but it's replaced by the Obamacare net investment income tax. So they're both 3.8%. Dave: But if you had a simple example where an employee had a base salary of a hundred thousand dollars and they had a $20,000 bonus that was paid through the IC-DISC, that would've been subject to Brian: Fica. I'm thinking about people that are making more than Dave: Understood, Brian: But you can save FICA tax as well, Dave: And the Brian: Employer and the Dave: Employee, and that's kind of what I was thinking of. And even when they get above that limit, there's still the 1.45% that I think has no cap. Brian: Right. But again, that's the employer portion. Then there's the employee portion together that's 3.80, Dave: Right, which is the, Brian: So you've got the Obamacare tax. Gotcha. Dave: Well, that reminds me of another misconception that you had alluded to, and that is that a related supplier can only have one IC-DISC affiliated with it. Is that true? Brian: That is not true. Related supplier could have a thousand IC-DISCs if it wanted to. Dave: In fact, that option you mentioned of the employee owned IC-DISC, I usually see that as that being an additional IC-DISC kind of in addition to the primary IC-DISC. Is that usually how you see it? Brian: I see that way as well. Yeah, for sure. Or I see IC-DISC A is going to fund bonuses for the C level executives, and then IC-DISC B is going to fund bonuses for middle management. And so middle management IC-DISC has a targeted amount, and the upper level IC-DISC may not have a targeted amount. It might just be unlimited. Dave: Now, the drawback is if you have multiple disk, the combined commission amount for all of them cannot exceed what it would've been if you had just one IC-DISC. Right. It's not a mechanism to create larger combined Brian: That definitely can't, doesn't work. Yeah, it definitely would. But yeah, you can definitely set up different structures to fund bonuses for different people, or if it's a C corporation, and we don't see a lot of C corporations with IC-DISCs. But if you're a closely held C corporation, you can have a shareholder owned IC-DISC, and if you're in the habit of paying dividends, you can pay commissions to a DIS instead of paying those dividends, Dave: Avoiding the double taxation in Brian: The corporate layer. Exactly. So that's an underutilized opportunity in my opinion, because there's got to be more closely held C corps out there than the amount that are using IC-DISCs. Dave: And I guess another one, we touched on this earlier, but the evergreen dividend resolution, what's this all about? Why is this an opportunity? What are the benefits of Brian: It? So the evergreen dividend resolution basically says the IC-DISC is going to distribute, its right to receive a commission each year on the last day of its year. So that accelerates the dividend into the same year as the commission expense. That alleviates the need to move money under the 60 day rule and 90 day rule. There's no reason to move the money if you're not trying to qualify a receivable. That's what those rules relate to, whether you're as receivable as qualified or not. So that's a benefit. It also can guard against the law change where the rate on the dividend income would go up in the subsequent year. You can avoid that. But a lot of practitioners treat their IC-DISC like they have an evergreen, but they don't actually have it. And that's a problem in my mind. But if you have it, it just makes everything a lot easier. You don't have to try to figure something out by the end of February. You figure it out once and you just treat it like it all happened at the end of the year. And I know that that works because I had a client years ago that was in tax court in the great state of Texas. The issue came up. I wrote up a brief for the client, and the tax court accepted the evergreen as a viable dividend resolution Dave: Because in a way, didn't the tax court almost defer that to the state rules? Brian: Well, they just fall under. So you can have a dividend, you can create a dividend under state corporate law just by writing a resolution, but you have to have the income to support the dividend, to have a dividend for tax purposes. So if you have the resolution that says, I'm declaring a dividend on December 31st every year, then based on facts, you either do have a dividend or you don't for tax purposes depending on how much income you have. So it just falls back on that probably one other underutilized Dave: Opportunity. Well, Brian, before you move, I just wanted to talk about the evergreen, I guess is the biggest drawback that the taxpayer would miss out on the deferral. Brian: That's one of the drawbacks. The other drawback has to do with the interplay between all of this and this 4 61 L limitation, which limits how much of a flow through loss a taxpayer can deduct in a year. So you could have a situation where the IC-DISC dividend on a transaction by transaction basis becomes so large, the commission becomes so large, it creates a loss and the flow through entity, the shareholder can only deduct a certain amount of that loss, but they would have to potentially pick up all the dividend income Dave: And then Brian: Deduct that loss at a later point in time. Now, personally, I'm still getting a permanent rate benefit out of it. So if I'm not going to sit on this loss for years and years, I think it's okay. But if I'm going to sit on that loss year after year after year and not utilize it, then I don't want to be picking up those dividends that I can't utilize the losses. So it just requires some additional coordination between the CPA and us and the client to determine exactly what the right commission should be. Dave: Okay. So you're about to, Brian: And that's another misconception. Dave: Yeah, go ahead. Brian: Yeah, like, oh, my commission has to either be whatever I compute or zero can't be anywhere in between. That's a misconception because I can target an amount, and as long as my IC-DISC commission agreement gives the related supplier the unilateral power to include or not include a IC-DISC export sale in the IC-DISC calculation, I can pick and choose whatever number I want that to be so that I don't have a 4 61 L problem, or I don't have the number be bigger than I can utilize. In other words. Dave: And that's because the IRS does not require you to capture every export sale. So that's basically limit the IC-DISC commission to a specific amount and back into which of the export sales you'll basically exclude from the calculation. Brian: Right? Right. Exactly. Exactly. But again, also we like to see that supported in the IC-DISC commission agreement. And then the last underutilized opportunity has to do with G there. Having a IC-DISC does have some cost. So if I don't have at these 3 million of export sales, it might be questionable whether I can really benefit economically benefit from a IC-DISC. When I look at the cost and the benefit, well, there are structures out there that we'll call a shared ING IC-DISC where partner like small exporter can invest in a partnership. That partnership owns a IC-DISC. Maybe there's five or six investors in the partnership. They're all unrelated. They all have, let's call it a million dollars of export sales. And on a standalone basis, there'd be too much cost for setting up the disk compliance to offset the tax benefits, but it'd be greater than the tax benefits. But if I can use a shared disk, then I only have to share a portion of the cost, the annual cost of the IC-DISC, but I still get my tax benefit. And really what happens with the other partners? So the partnership owns the IC-DISC. The IC-DISC earns that commission from the related supplier, then the IC-DISC pays all of its dividends to that partnership, and the partnership can then allocate the dividends back to the individual exporters based on their contribution. So it's a way for smaller companies to still get a tax benefit out of it. And I seen very few of these out there. So there's got to be thousands of companies that export that just don't export enough to have their own IC-DISC. Dave: Yeah, yeah. No, that's an interesting opportunity. And I agree based on my experience. I mean, I've talked to so many people in the past, or I did talk to so many people who exported $2 million or less, and I'd have to say to them, it's probably not worth the time and the cost because there's time on their end and then there's hard cost to have the work done. Brian: Yeah. I've had the same conversation countless times with companies as well. It's really something that both exporters and their CPAs should be aware of because the CPAs are in the best position to know that their clients are doing some level of export. Dave: And I just thought of another misconception, and that is that the virtually from the day after the IC-DISC rules were enacted, prognosticators started saying that the IC-DISC is going away. It's just going to be a short-lived thing. And even in the two decades I've been involved in IC-DISC work, I've heard this from so many tax practitioners, oh yeah, this thing's going away anyway, why bother? Brian: Yeah. Well, it really, for it to go away would fly right in the face of current policy in the administration. So I don't think it's going away anytime soon. Some of the benefits have been whittled away over time with some of the other provisions that are coming into play, but it's really not going to get repealed anytime soon. Certainly not in the next four years after that, who knows. But certainly it's good for the next four years. But it's funny, in 2003 with the Bush tax cuts, they brought in this concept of qualified dividend income, which really revitalized the use of the IC-DISC for a lot of pass through businesses. One of the big four firms said, oh, it's going to be a technical correction, and the qualified dividends are not going to include the dis dividends. Well, here it is 22 years later, I'm still waiting for that technical correction out of Congress, but I guarantee you that they've advised their clients to use the IC-DISC, even though they were out there saying, oh, no, no, no, no, no. This is an error. It's going to go away. Dave: Well, I had this conversation, I think it was in 2009. I think the preferential dividend rate was IC-DISCussed going away at the end of 2010. If I have my time horizon. And I remember it was late summer of I believe oh nine, talked to the potential client, they connected me to the CPA, and this was the international tax partner of a top 50 CPA firm. And she said to me, quote, I think you're being reckless even bringing this idea up to my client. I said, why is that? She said, are you not aware of house resolution such and such that hadn't been passed, but the resolution was going to ever go away? And she said, if this is passed, then this will not be usable beyond the 2010 tax share. And she said, we think it's reckless and not even sure why you'd want to bother with it if you can only at max use it for a year and four months. And I remembered saying, I appreciate that. You may not think it's worth it, but I wonder if the client, when he does the ROI calculations, if they might think it's worth it. Because even if they only used it for a year and a half, it still might be worth the cost to set it up, the compliance cost and the cost to shut it down. Brian: That whole analysis took place in 2007, 2010, 2012. I remember, I'm not proud of this, staying up late on New Year's night of 2013, so I could watch Congress vote because they let the qualified dividend rate lapse and then they had to reenact it the next day. And they did it on January 1st, and I sat in front of the TV watching. I was fairly invested in whether they were going to vote for it Dave: Or not. Yeah. Well, I think that's appropriate. You're a little bit like the soup Nazi from Seinfeld. He is got such passion for his customers. Brian: There you go. Yeah, I definitely am passionate about what I do because I love what I do. I couldn't imagine not doing it. Dave: Yeah, I find the same. Brian: And I love helping taxpayers legitimately reduce their tax burden. Dave: Well, and the clients that we help tend to be entrepreneurial type companies, they're not Fortune 500. And I've seen where this can legitimately make a difference in freeing up cash to buy more equipment, hire more people. It's quite a stimulus. Brian: Also not a misconception is Fortune 500 companies can't use a IC-DISC. It's really for private companies. Dave: Yeah. Brian: It's not something that you'll see a lot of or any private public companies utilize. Dave: Okay. Well boy, we've covered a lot. Anything left to cover? Any other misconceptions or opportunities you can think of? Brian: Nothing that I don't think we've IC-DISCussed. Dave: Okay. Well, I have one final kind of fun question. So with the benefit of hindsight, if you could go back in time and give advice to, say your 25-year-old self, what advice might you give to yourself? Brian: It's going to be completely non-tax related. Dave: That's okay. Brian: If you tear a ligament to your knee, get it repaired. I did that and I didn't get it repaired. And ultimately I got a new knee, which works just as well as the original with a lot more probably pain in the interim. Dave: Gotcha. Okay. Well that's good advice. So the takeaway, if you're 25 years old and you have a ligament tear, don't wait 30 years to get it fixed Brian: Or to not get it fixed at all and just get an artificial knee. Dave: Yeah. Understood. Well, Brian, thank you so much. This was really fun. I mean fun by a couple of IC-DISC nerds. I guess not everybody would consider this conversation fun, but I thought it was a lot of fun and I appreciate the expertise that you bring to this matter. Brian: I appreciate the opportunity to be here and chat with you about it. And maybe in the future there'll be some more topics we can talk about. Dave: Yep. I would enjoy that. We should make it an annual tradition. Brian: That sounds like a good idea. Dave: Alright. Hey, have a great day, Brian. Brian: You too, David. Dave: There we have it. Another great episode. Thanks for listening in. If you want to continue the conversation, go to ic IC-DISC show.com. That's IC dash D-C-S-H-O w.com. And we have additional information on the podcast archived episodes as well as a button to be a guest. So if you'd like to be a guest, go select that and fill out the information and we'd love to have you on the show. So it we'll be back next time with another episode of the IC-DISC Show. Special Guest: Brian Schwam.
Political commentator Robert Godden returns to The Adelaide Show with a thesis that cuts to the bone: The South Australian Liberal Party has no realistic chance of winning the forthcoming election. But his essay raises an even more unsettling question: can they realistically ever win another one? This episode doesn’t feature an SA Drink of the Week, allowing more time for a forensic examination of what’s gone wrong with liberalism itself, and the party that bears its name. In the Musical Pilgrimage, Steve shares “Spring Gully Road”, his song chronicling four generations of the Webb family’s beloved pickle company, from Edward McKee’s small brown onions in 1946 to the recent appointment of administrators, drawing a tenuous but poignant parallel to the Liberal Party’s own decline. You can navigate episodes using chapter markers in your podcast app. Not a fan of one segment? You can click next to jump to the next chapter in the show. We’re here to serve! The Adelaide Show Podcast: Awarded Silver for Best Interview Podcast in Australia at the 2021 Australian Podcast Awards and named as Finalist for Best News and Current Affairs Podcast in the 2018 Australian Podcast Awards. And please consider becoming part of our podcast by joining our Inner Circle. It’s an email list. Join it and you might get an email on a Sunday or Monday seeking question ideas, guest ideas and requests for other bits of feedback about YOUR podcast, The Adelaide Show. Email us directly and we’ll add you to the list: podcast@theadelaideshow.com.au If you enjoy the show, please leave us a 5-star review in iTunes or other podcast sites, or buy some great merch from our Red Bubble store – The Adelaide Show Shop. We’d greatly appreciate it. And please talk about us and share our episodes on social media, it really helps build our community. Oh, and here’s our index of all episode in one concisepage. Running Sheet: Do The Liberals Have No Chance Of Winning This Forthcoming South Australian Election? 00:00:00 Intro Introduction 00:00:00 SA Drink Of The Week No SA Drink Of The Week this week. 00:05:07 Robert Godden Before diving into party politics, Steve and Robert tackle a fundamental question: what is liberalism itself? Drawing on American political philosopher Patrick Deneen’s work (as sampled from the glorious podcast, Econtalk, episode July 9, 2018), they explore how liberalism originally meant self-governance within community, where individuals held themselves accountable within the framework of church and society. Deneen argues that modern liberalism, both classical and progressive, has fractured into two economic camps: classical liberals claiming government interferes with freedom, and progressive liberals arguing that economic inequality prevents people from achieving liberty. Robert offers his working definition: liberalism has always been about “the bigger pie theory”. Classical liberals like John Locke, Adam Smith and John Stewart Mill championed free markets as the path to prosperity for all. But as Robert notes, these philosophers wrote their treatises while people lived in gutters within ten miles of them, suggesting their definitions had blind spots about who they actually represented. The conversation turns to neoliberalism, which Robert describes as taking the apple of classical liberalism and focusing on its core: free market capitalism, fiscal austerity, individual responsibility, and globalisation. The problem? Many neoliberals benefited from generous government support before pulling up the ladder behind them. As Robert puts it, they’re “more like a wild jackal in a wolf’s clothing”, presenting themselves as something more palatable whilst pursuing fundamentally conservative ends. When Steve asks about the overlap between liberalism (lowercase L) and the Liberal Party (uppercase L), Robert’s answer is stark: “The Venn diagram of liberalism and the Liberal Party is not a perfect circle. It’s more like a third overlap.” John Howard’s famous declaration that the Liberal Party is “a broad church” marked both the high point and the beginning of the end. Where Howard allowed diverse opinions united by shared values, today’s party demands conformity. Robert observes you could “literally interchange” Angus Taylor with five other Liberal members and several Nationals, they’ve become so ideologically uniform. Robert shares a revealing personal story from his childhood in Whyalla. At age 12 or 13, he wagged school to attend a lunch where Malcolm Fraser was speaking. After enduring mumbled warnings about Bill Hayden, young Robert lined up afterwards and asked the Prime Minister where he could find out what the government would actually do if re-elected. The dismissive response and perfunctory policy booklet were Robert’s first disillusionment with political rhetoric over substance. This leads to a broader discussion about accountability’s erosion in Australian politics. Robert identifies a turning point: when Jay Weatherill wasn’t held responsible for abuse discovered in South Australian schools because “nobody had told him”. This represented a complete rewriting of Westminster conventions about ministerial responsibility. Compare that to Barry O’Farrell resigning as New South Wales Premier over failing to declare a $300 bottle of wine, or John Howard’s principled approach to the GST, admitting he was wrong, explaining why he’d changed his mind, and taking that position to an election. The discipline of the Fraser and Howard years came from a culture where the party room would discuss issues on merit, then Fraser or Howard would determine the right course, and the party would follow with discipline, not through fear but through shared purpose. Today’s Liberal Party has abandoned that model for something closer to authoritarianism without the competence to make it work. When discussing South Australia specifically, Robert doesn’t hold back about Vincent Tarzia’s challenges. Beyond policy positions, there’s the fundamental problem of presence. Robert recalls a body language seminar by Alan Pease where five people were cast for different film roles based purely on appearance. We can’t help making these visual judgements. Tarzia, Robert notes, is “one of the 5% of the population that never blinks”, creating an unfortunate vampire quality. He looks like “a Muppet version of Dracula”. Combined with a voice lacking joy, he presents as “the joyless undead” when facing off against Peter Malinauskas’s considerable charisma. Robert’s assessment of the Malinauskas government is admirably even-handed for someone with Liberal roots. He calls it “the best government in Australia” whilst adding the qualifier “a totalitarian dictatorship that makes you feel good”. Everything is done Malinauskas’s way, but unlike Putin or Trump, he’s careful never to say anything that isn’t actually true. He might make predictions that don’t pan out, but he won’t barefaced lie, and if an idea isn’t popular, he simply doesn’t voice it. The result is what Robert calls “preshrunk jeans” of political messaging. Robert’s father, a lifelong Liberal voter and member, has only been impressed by two political figures: Gough Whitlam, whose charisma was “absolutely off the chart” despite taking four people to dinner when a Whyalla event was mistakenly under-attended, and Peter Malinauskas, who regularly visits the Whyalla Men’s Shed. This speaks to something fundamental about political success. As Robert observes, great Labor leaders have consistently been better communicators and sellers of vision because their message is easier: “you’re being ripped off by the system, and we’re going to sort it for you” beats “if we govern ourselves, all will be great” in almost any contest. The federal picture offers one glimmer of hope: Victoria’s new opposition leader, Jess Wilson. In her thirties, a lawyer and former business advisor to Josh Frydenberg and the Business Council of Australia, she represents exactly the kind of moderate Liberal who should have been in the party all along but whom the party’s rightward drift has made anomalous. As Robert puts it, “the idea that Jess Wilson should be in the Liberal Party is an idea that is eight years out of date. She should be a teal.” The teals, after all, are liberal party people who haven’t gone down the right-wing rabbit hole. This raises the central question: are there eight to ten members of parliament the federal Liberals could have had? Yes, the teals. “All of those teal candidates could have been Liberal Party candidates and would have been 15 or 20 years ago if they had not wilfully taken this blindness about the climate.” Speaking of climate, Robert dissects Susan Ley’s recent positioning as if she’s discovered that abandoning net zero and embracing fossil fuels will bring electoral victory. The polling suggests otherwise. Among diverse Australians, Labor’s primary vote sits at 46%, the Coalition at 17%. Gen Z voters break 51% Labor, 10% Coalition. The Liberals are “aiming at the wrong target”, trying to chip 10% from groups with 10% when they should be targeting Labor’s 46%. They should be saying “your ideas are great, it’s a pity you’re not smarter, we’re going to get to where you want to get but we’ll do it better.” Instead, they get their facts from Facebook. The cognitive dissonance is staggering. National Party MPs stand up claiming farmers don’t want renewable energy whilst farmers lead the way with innovative approaches: solar panels in fields that collect water, provide shade for sheep grazing underneath, and generate income. Farmers don’t want bushfires or floods, they want to make money. Watch ABC’s Landline, Robert suggests, though the Nationals would dismiss it as left-wing propaganda. Looking ahead, Robert sees no Liberal victory on any horizon in the next five to six years. More likely? “No Liberal Party, or let me put it another way: the Liberal Party not being the opposition.” They’re seriously under threat of other parties overtaking them. Federally, if you separate the Coalition partners, the numbers are nowhere near the historical imbalance where Nationals made up numbers for the Liberals. Now those numbers are close. A One Nation-National coalition would be numerically viable. Victoria represents the critical test. If Jess Wilson’s woeful Liberals manage to topple a deeply unpopular Victorian government by picking the right leader, “that’ll be a critical moment for the Liberals to take that lesson.” Robert’s prediction? “The only reason we have to think they’re incapable of learning is all the evidence.” Robert’s father once said that Don Dunstan’s departure horrified him, not because of policy agreement, but because Dunstan was a strong leader with ideas who made the state feel good about itself. That’s what’s missing from the contemporary Liberal Party: ideas that inspire rather than divide, leaders who build rather than tear down, and the humility to recognise when the world has changed and they haven’t. The conversation closes with Winston Churchill’s 1920s quote distinguishing socialism from liberalism. Robert agrees it was “100% correct” for about 1924, when those ideologies were genuinely competing and distinct. But it’s become a caricature over the intervening century. The quote doesn’t really apply to 2025, when the ideologies have mingled, adapted, and in the case of the Australian Liberal Party, lost their way entirely. 01:14:33 Musical Pilgrimage In the Musical Pilgrimage, we play Spring Gully Road, a song written by Steve Davis and performed by Steve Davis & The Virtualosos, chronicling the four-generation story of Spring Gully, one of South Australia’s most beloved food companies. The story begins in 1946 when Edward McKee returned from the war and started growing small brown onions outside his back door on Spring Gully Road. His pickled onions became a South Australian staple. The company expanded under Allen and Eric, then weathered storms under Ross and Kevin’s leadership, before Russ and Tegan faced the modern challenge of cheap imports and changing market appetites. Steve reveals a personal connection: his colleague Domenic at Funlife Fitness in Ingle Farm remembers his father growing small onions and cucumbers, taking sacks to Spring Gully weekly to be weighed and paid. It was simply part of the fabric of South Australian life. In full disclosure, Steve is friends with Russell Webb, who along with Tegan led the company through its recent challenges before administrators were appointed. Most believe it’s written off and gone, but Steve holds hope for a way forward. They were doing innovative things to fight back against retailers bringing in cheap overseas alternatives, gutting the market for local sovereign food production capability. The song’s folk-influenced simplicity captures something essential about generational enterprise, family legacy, and the challenge of maintaining local production in a globalised economy. The repeated refrain, “Turn the earth, turn the earth when it’s harvest time, pick the bounty and preserve it in your sweetly seasoned brine”, becomes a meditation on the cycles of growth, harvest, and preservation that sustained Spring Gully through good years and hard years. Steve offers a tenuous but poignant link to the episode’s political discussion: the Liberal and Country League, precursor to the modern Liberal Party in South Australia, formed in 1932 and became the South Australian Division of the Liberal Party in 1945. Spring Gully started in 1946. Now in 2025, we have administrators appointed for Spring Gully, and Robert Godden suggesting you might as well call them in for the Liberal Party as well. Both represent South Australian institutions facing existential questions about their future in a changed world. Both have served their communities for generations. Both are confronting the reality that what worked for decades may not work anymore. And both deserve more than a quiet fade into history.Support the show: https://theadelaideshow.com.au/listen-or-download-the-podcast/adelaide-in-crowd/See omnystudio.com/listener for privacy information.
Jump into The Alan Sanders Show – Ep. 219 as bombshells drop related to Rep. Stacey Plaskett getting caught live-texting Jeffrey Epstein for political dirt on Trump. Rep. Marjorie Taylor Greene reignites her public feud with President Trump. What's really behind the clash? New revelations expose the FBI's ongoing stonewalling on the 2021 pipe bomber case, but Director Patel says they will release something soon. As we close, we break down the growing push for "Communalism" ideology in America and then examine the concept of Federally created HSAs that could return competition to healthcare. Fast-paced, fact-packed and unfiltered, join for another no-spin episode of The Alan Sanders Show. Please take a moment to rate and review the show and then share the episode on social media. You can find me on Facebook, X, Instagram, GETTR, TRUTH Social and YouTube by searching for The Alan Sanders Show. And, consider becoming a sponsor of the show by visiting my Patreon page!
Two Guardian pitchers have been Federally indicted for gambling. We discuss and ponder. Is gambling baseball's original sin? Will the freedom to gamble harm the game we love forever?
Called U.S. Public Research Benefits, the database showcases the value of basic science in an easy and accessible format.
Tim, Seamus, & Brett are joined by Judge Pat Dugan & Cliff Maloney to discuss Gen Z Democrat candidate for congress indicted for obstructing ICE, a liberal podcaster suggesting killing conservatives, Biden FBI's "enemies list" being exposed, and the Pentagon ordering the establishment of a Quick Reaction Force to combat civil unrest. Hosts: Tim @Timcast (everywhere) Seamus @FreedomToons | http://twistedplots.com/ Brett @PopCultureCrisis (YouTube) Serge @SergeDotCom (everywhere) Guests: Judge Pat Dugan @Duganforda (X) Cliff Maloney @Maloney (X)
Each day, SDPB brings you statewide news coverage. We then compile those stories into a daily podcast.
Send us a textMarisa Ishimatsu is a photographer, herper, and educator whose images define how many of us see California's reptiles and amphibians. Her work has shaped field guides, articles, and conservation efforts — and in this episode, we dig into what it means to capture herps honestly, ethically, and beautifully.In no particular order, we cover, amongst much else:Federally endangered San Francisco GartersnakesThe role of photography in science and education (and Emily Taylor's field guides)Traveling and herping across the globeInclusivity in the herp community and why it mattersEthics of herp photography, and letting photos tell deeper storiesFood, culture, and yes… how melted M&M's fit into all of thisThis conversation goes wide and deep, and it's exactly what I hoped for when I brought Wood Fired Herping back: stories, ideas, laughs, and depth.
Operators are proposing big changes for how they run three dams on the Connecticut River.
What's up all you stoners, burners and potheads! Mr & Mrs Weedman kick off the show getting normal, toking on Devil Driver from their bud, Big Earl. They dive right into some tales from their week in the world of weed, they deliver the latest and hottest cannabis news, research and reports, and they do it all while they're baked! Why? To teach, to share, and to stomp the stigma! Because, if they're baked and still produce a solid show, week after week, filled with good content and information, delivered in a loose and friendly way - they can show the positive affects the plant has on the mind, human behavior, feelings, and much more. They candidly demonstrate the effects of consumption (each show they toke a different strain), showing people that weed doesn't make you incapable of functioning, or a mess of a human. In fact, it helps in so many ways, like calming the mind, relaxing the body, allowing creativity to flow and for the mind to expand it's thinking. They hope your takeaway from the show is a better understanding and openness toward the amazing plant, cannabis. They're a couple on a mission to #FreeThePlant & #StompTheStigmaThanks for listening, as always hit us up!Support The Show: https://www.buzzsprout.com/283607/supportTWITTER: @weedman420podYouTube: Weedman420 ChroniclesEMAIL: weedman420chronicles@gmail.comSHOP: www.eightdecades.comIG: @eightdecadesEMAIL: eightdecadesinfo@gmail.com#ImHigh #Cannabis #StomptheStigma #HomeGrow #FreethePlant #Stoners #Burners #rosin #liverosin #Potheads #Vipers #CannabisEducation #CannabisResearch #Weed #Marijuana #LegalizeIt #CannabisNews #CBD #Terpenes #Podcast #CannabisPodcast #eightdecades #LPP #Lifestyle #HealthyLifestyle #NaturalMedicine #PlantMedicine #News #Research #MedicalMarijuana #Infused #420 #Education #Health #Wellness #WorldNews #Gardening #budtender #kief #hemp #dabs #hash #joints #edibles #gummies #tincture #vapes #esters #pauliesayssmokesmartArticle Links:* https://thefreshtoast.com/culture/cannabis-can-help-returning-astronauts/#utm_source=rss&utm_medium=rss&utm_campaign=cannabis-can-help-returning-astronauts* https://www.greenstate.com/explained/cannabis-quality-thc/?utm_source=flipboard&utm_content=GreenState/magazine/GreenState+News+%26+Life* https://www.aol.com/marijuana-life-insurance-135714995.html?utm_source=flipboard&utm_content=AOLcom/magazine/Business* https://www.marijuanamoment.net/marijuana-users-have-enhanced-cognitive-abilities-large-federally-funded-study-shows/?utm_source=flipboard&utm_content=user%2FChefJeff314* https://www.smithsonianmag.com/science-nature/inside-the-quest-to-understand-the-link-between-cannabis-and-schizophrenia-180987114/?utm_source=flipboSuggestions? Questions? Chat with us here.Support the show
Many seniors today face significant financial strain—some even resort to borrowing to cover their basic living expenses.For retirees on a fixed income, a reverse mortgage can be a practical solution to access the equity in their home and bring much-needed stability. Harlan Accola joins us today with a message of hope for those looking for margin in their retirement years.Harlan Accola is the National Reverse Mortgage Director at Movement Mortgage, an underwriter of Faith and Finance. He is also the author of Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement.The Real Issue: Seniors Struggling with Credit Card DebtNearly 70% of seniors that Movement speaks with are carrying credit card debt. These aren't impulsive spenders buying luxury items. They're retired, living on fixed incomes, and they're relying on credit just to pay for basics like groceries and prescriptions. They're often asset-rich but cash-poor—sitting on significant home equity but drowning in interest rates of 25% to 35%.Many people suffer silently, too embarrassed to discuss their financial challenges. They don't realize that the equity in their home could be used to ease their burden without losing the home they love.One of the biggest hurdles is the spread of misinformation. People believe they'll lose their house, or that a reverse mortgage is inherently bad.In truth, the Home Equity Conversion Mortgage (HECM)—the most common form of reverse mortgage—is federally insured and designed to protect both the homeowner and their heirs. Properly structured, it can be a safe and responsible tool.Who Should Consider a Reverse Mortgage?Anyone over 62 with at least 50–60% equity in their home should take a closer look. A typical scenario might be someone still making monthly mortgage payments, even with a small remaining balance. Those payments—$800, $1,500 or more—can strain fixed retirement budgets.One common misconception is that you lose control of your home. In fact, you and your spouse can stay in your home for life, even if one of you passes away. You can choose how to receive the funds—from monthly income to a lump sum to the most popular option: a line of credit.Whether it's a car repair or a medical bill, reverse mortgage lines of credit provide flexibility. And it's all about wise stewardship.At the heart of this decision is a stewardship principle. As Proverbs 24:3 reminds us, “By wisdom a house is built, and through understanding it is established.” It doesn't make sense to live in a paid-off home but struggle to pay for groceries while racking up 30% interest on credit cards. That's not good stewardship.Reverse mortgages aren't for everyone—but many avoid them simply due to fear or misunderstanding. For some, it could be a life-giving solution.If you're entering—or well into—retirement and want to explore whether a reverse mortgage might be a fit for your situation, visit Movement.com/Faith. On Today's Program, Rob Answers Listener Questions:I'm 71 and still working, but I'm not sure how much longer I'll be able to keep it up. Would a reverse mortgage help me eliminate my monthly mortgage payment, allowing me to manage better if I need to stop working?I have recently retired and hold a 401(k) account with Fidelity. Someone mentioned a company called Big Money Retirement Solution, which offers a 9% annual return on an annuity. Should I consider moving half of my portfolio there?I heard there's a way to get a free credit report that the government requires. How do I access that?Resources Mentioned:Faithful Steward: FaithFi's New Quarterly Magazine (Become a FaithFi Partner)Movement MortgageAnnualCreditReport.comWisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.
Officials celebrated the conversion of two Indianapolis streets from one-way to now two-way traffic. Indianapolis will be home to one of two federally backed centers studying Alzheimer's disease using stem-cell models of the human brain. An Indianapolis nonprofit that works to improve food security and equity inside schools will undergo a name change as it expands its mission. The City of Indianapolis plans to close a camp for unhoused people in Fountain Square this week. Want to go deeper on the stories you hear on WFYI News Now? Visit wfyi.org/news and follow us on social media to get comprehensive analysis and local news daily. Subscribe to WFYI News Now wherever you get your podcasts. WFYI News Now is produced by Drew Daudelin, Zach Bundy and Abriana Herron, with support from News Director Sarah Neal-Estes.
President Trump is reportedly considering downgrading the schedule for recreational marijuana on the list of federally controlled substances. Dan feels this would be the biggest mistake of his Presidency and may tarnish his otherise stellar legacy.
Steve Gruber discusses news and headlines
From Dick Wilson and his FBI backed GOON Squad to land claims and bad gaming compacts, we see more and more that real change comes from the people.
A dozen local law enforcement agencies, including state police, have signed agreements with Immigration and Customs Enforcement in the last six months to add some of those federal duties on their beat. Federally, these agreements are part of a push to increase immigration enforcement. And Gov. Kelly Ayotte's pick for New Hampshire's next education commissioner received broad political support during her confirmation this week. Caitlin Davis said she'd support public education and evaluate the programs established by outgoing Commissioner Frank Edelblut. We talk about these stories and more on this edition of the New Hampshire News Recap with NHPR's Lau Guzmán and the Boston Globe's Steven Porter.
SUPPORT SKYLAND CANNABIS CO! USE CODE TERPTEAM15 FOR 15% OFF YOUR ORDER! THAT'S RIGHT! YOU CAN LEGALLY ORDER PRODUCTS FEATURED ON THIS EPISODE RIGHT FROM YOUR TERP TABLE AT HOME! I PERSONALLY RECOMMEND THE MANGO 10-STRIP GUMMIES!https://skylandcannabis.com/This week we're capturing a conversation with Nick & Hannah from Skyland Cannabis Company in the heart of beautiful Asheville, NC! This store specializes in high quality federally compliant hemp/THCa products sourced from the best markets that the hemp market has to offer! In this conversation we cover quite a variety of topics including the history of the hemp market, their dedication to only stocking phytocannabinoid products (no HHC, THC-P/O, D8, etc.), upcoming legislation in their state, social media's prejudice against cannabis, and much more! This episode is an eye opening look into the realities of the NC hemp market. If you take nothing else from this episode, just remember that the 2018 farm bill started the true democratization of cannabis in this country. Listen to find out why! Terps N ThingsRedRoc Rosin - Papaya, Silver Pearl, and others! Check out their website for current stock & get you a jar today! Cymatic Gardens - Cymatic Sour (Chem De La Sour x Dulce De Uva) 73-159 Indoor, Soil, Ferment FedSupport the show
Dana has some new tenants...and they're Federally protected. Hour 2 7/24/2025 full 2136 Thu, 24 Jul 2025 20:00:00 +0000 u4rp1ZeNZUbvlyv1u9u0NsX3rhcybXyz news The Dana & Parks Podcast news Dana has some new tenants...and they're Federally protected. Hour 2 7/24/2025 You wanted it... Now here it is! Listen to each hour of the Dana & Parks Show whenever and wherever you want! © 2025 Audacy, Inc. News False https://player.
Bryan and Steve discuss the hypothetical scenario of federal funding for research suddenly drying up. What might happen at universities? How would faculty react? Who knows if we're right or not, but hopefully it offers food for thought. Enjoy!
Crypto losses increase 66% in 2024 At first you may be saying I thought Bitcoin has been increasing in value? While that is true, you have to remember that is only one of the many thousands of cryptocurrencies that are available. According to the FBI in 2024, there was 149,686 complaints for total losses of $9.3 billion. It was somewhat surprising to learn that people over 60 years old, who I thought knew better than to gamble with cryptocurrencies, was the most with losses totaling nearly $3 billion. If you live in California, Texas or Florida that's where the most complaints came from with a cumulative loss of $3 billion. Mississippi was also largely impacted as the number of crypto scams per thousand was the highest at 42.1. Even though there are a far higher number of investors and larger dollars in stocks, the SEC reported nationwide just 583 enforcement actions for stock scams or stock complaints in 2024. These complaints included charges against advisors for untrue or unsubstantiated statements. Interesting to note there's now something called AI washing, which charges firms for making false or misleading statements about their use of artificial intelligence. It is hard to make a comparison of stock scams and fraud versus cryptocurrencies, but with the far higher number of people investing in stocks vs cryptocurrencies I think it is safe to say that your risk of being scammed in stock investments is far lower than being scammed when dealing with cryptocurrencies. So not only are you taking a higher market risk by investing in cryptocurrencies, but you are also taking on the risk of being ripped off as well. Have ETFs become too complicated? The first ETF, which stands for exchange traded fund, was launched about 30 years ago. They were simple in design and you generally bought them because they held a set group of stocks or bonds using an index and charged a low fee. Today, there are now over 4000 ETFs that are listed on the New York Stock Exchange. This is more than the 2400 individual stocks listed on the exchange. In 2024 alone, 700 new ETFs were launched and 33 of those tracked cryptocurrencies. The assets have ballooned to $11 trillion and now account for 1/3 of money invested in long-term funds. Some of that growth has come from open end mutual funds, which have lost $1.2 trillion in the past two years. There are now 1300 active ETFs, which actually manage the portfolio for you like a mutual fund. A big difference is those funds can now be sold during market hours. With open ended mutual funds, you have to wait until the close of the market and then sell at the closing net asset value for the day. Nearly half of the 1300 active ETF were launched last year. It gets difficult for investors with over 4000 choices to decide which is best. Back in 2020, Cathie Wood grew to fame with her actively managed ARK Innovation ETF. The fund shot up 150% that year and assets hit $28 billion. Today, the NASDAQ composite has a five-year cumulative return of 108% and the ARRK fund has seen a decline of 2% and the assets are now under $7 billion. If you're investing in an ETF to benefit from commodities, understand generally they use future contracts to track the underlying commodity. Commodity futures are not a perfect vehicle and they generally work better for speculators that do short-term trading. One exception to this is the SPDR gold shares which is a trust that holds the actual gold. In my opinion, it is far easier to analyze one company to invest in and then build a portfolio rather than trying to understand some of these ETFs that can use leverage or future contracts or whatever. I worry investors could be blindsided when they least expect it. What is a dark pool exchange? A dark pool exchange is an off the exchange platform where institutions can trade without broadcasting their buying or selling intentions publicly. People wonder why when we invest at Wilsey Asset Management we buy a company with the intent of holding it 3 to 5 years. For those who think they can do better by trading you are taking a toothpick to a gun fight. Exchanges and market makers make up nearly 87% of the daily trading volume, but these dark pools are trying to step in and do more of the trading, which I believe will leave the small investor in the dark and they might not know what certain stocks are trading at. I'm getting rather disgusted with how Wall Street is acting like the Wild West. FINRA another regulatory body seems to be OK with this and will be collecting fees from the dark pools. Fortunately, for the past two years, the SEC has not approved this form of trading, but with the new administration and the new SEC chairman, who seems to love the Wild West of trading, I'm sure we'll see more of this craziness going forward. This does not mean that investors on Wall Street cannot do well. To be frank, I don't care if we miss a penny or two on a trade since we are looking down the road 3 to 5 years, but if you're doing multiple trades per day that penny of two adds up. This also seems to be adding a lot more volatility to the markets. This volatility will scare investors out of good quality investments because of what they are seeing on a daily basis and not understanding what is going on behind the scenes. Remember if you are investor, you are investing in a small piece of a large company and there are millions if not billions of shares that are trading so don't worry about the short-term movements. Instead, make sure the investment you made was of good quality with sound earnings and a strong balance sheet that can weather any storm, even these dark pools. Financial Planning: Is Social Security Now Tax-Free? One of the major topics surrounding the One Big Beautiful Bill (OBBB) was the taxation of Social Security. Now that the bill has been signed into law, we know that the method used to tax Social Security remains unchanged—but many seniors will still see their overall tax liability go down. Most states, including California, do not tax Social Security. Federally, between 0% and 85% of benefits are reportable as income, meaning at least 15% is always tax-free. The taxable portion is based on a retiree's combined income, which includes adjusted gross income, tax-exempt interest, and half of their Social Security benefits. This formula was not changed by the OBBB. However, the standard deduction is increasing substantially, which reduces taxable income and, in turn, lowers overall tax liability. Prior to the bill's passage, a married couple aged 65 or older would have had a standard deduction of $33,200 in 2025 ($30,000 plus $3,200 for age). Starting in tax year 2025, that deduction can be as high as $46,700—a $13,500 increase. This results from a $1,500 increase to the base deduction for all filers, plus an additional $6,000 per person for those over age 65. Importantly, this extra $6,000 per senior (up to $12,000 per couple) is not technically part of the standard deduction—it is an above-the-line deduction that can be claimed even by those who itemize. This add-on begins to phase out when Modified Adjusted Gross Income exceeds $150,000 and is fully phased out above $250,000. As a result, taxpayers in the 10%, 12%, and 22% brackets are most likely to benefit. So, while Social Security is still taxable, more of that income may now be shielded from taxes due to the expanded deductions. Additionally, the bill prevents the federal tax brackets from reverting to higher 2017 levels in 2026. The brackets will now remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%, instead of increasing to 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%. For retirees with taxable Social Security or other ordinary income, this means lower effective tax rates moving forward. In short, Social Security is still taxable—but seniors will likely pay less, or even nothing, thanks to these changes. Companies Discussed: Tripadvisor, Inc. (TRIP), Johnson & Johnson (JNJ), AMC Entertainment Holdings, Inc. (AMC) & KeyCorp (KEY)
In this live stream, we'll be discussing the failed attempt to ban federally-legal cannabis products in Texas. Watch video version and read full show notes here: https://thecolememo.com/2025/07/03/e215/
We are releasing this episode early, to give you more information about the One Big Beautiful Bill that passed out of the Senate yesterday (as of publishing this episode on July 2). In this update, hear from California rancher and past CCA president Kevin Kester about the positive tax provisions in this bill for ranchers and farmers. Last week, Kevin was invited to the White House for an event highlighting the tax relief the “One Big Beautiful Bill” will provide for ranching and farming families across the country for future generations. Hear about Kevin's experience and the importance of the tax relief in this bill, which includes reducing the Death Tax, as he spoke NCBA's Senior Director of Policy Communications Hunter Ihrman on the Beltway Beef podcast.On the second half of this episode, Kaitlynn Glover, the Executive Director of the Public Lands Council and NCBA Natural Resources, joins Katie to discuss failed proposals in the bill to dispose of any public lands. Finally, hear what how the bill includes reimbursing cattle producers for loss due to depredation by federally protected predators, such as gray wolves.Text us your comments, feedback and episode ideas!
Livi McKay returns to talk about her latest project, which can be found at discoveryourcolor.co. Discover Your Color is a cannabis delivery service that helps you quickly find the right product using lab-tested data. By answering a few short questions, you're matched with one of four color-coded categories based on mood and effect—then you can have your selection delivered right to your door. Watch video version or read full show notes here: https://thecolememo.com/2025/06/12/e209/
Get the stories from today's show in THE STACK: https://justinbarclay.comKirk Elliott PHD - FREE consultation on wealth conservation - http://GoldWithJustin.comJoin Justin in the MAHA revolution - http://HealthWithJustin.comTry Cue Streaming for just $2 / day and help support the good guys https://justinbarclay.com/cueUp to 80% OFF! Use promo code JUSTIN http://MyPillow.com/JustinPatriots are making the Switch! What if we could start voting with our dollars too? http://SwitchWithJustin.com
Austin from Texas Cannabis Collective joins me to break down the latest developments in Texas cannabis policy. Watch video version and read full show notes here: https://thecolememo.com/2025/05/31/e205/
Latif Nasser, co-host of Radiolab from WNYC, tells the story of the huge impacts one small discovery made, brought to us by federally-funded scientific research -- and what we might lose as so much of the funding has been cut by DOGE.
Corruption & Evil Hiding Behind State Run Media, Huge Federally Run Racket Exposed w/ Sam Anthony - SarahWestall.com
Parents, teachers and advocates gathered to celebrate 60 years of Head Start, a federally-funded child care program for low-income families. The group also celebrated continued funding after President Donald Trump dialed back on a proposal to cut the program.
One year ago, Columbia University became ground zero for the student-led Gaza solidarity encampment movement that spread to campuses across the country and around the world. Now, Columbia has become ground zero for the Trump administration's authoritarian assault on higher education, academic freedom, and the right to free speech and free assembly—all under the McCarthyist guise of rooting out “anti-semitism.” From Trump's threats to cancel $400 million in federal grants and contracts with Columbia to the abduction of international students like Mahmoud Khalil by ICE agents, to the university's firing and expulsion of Student Workers of Columbia-United Auto Workers union president Grant Miner, “a tremendous chilling effect” has gripped Columbia's campus community. In this urgent episode of Working People, we speak with: Caitlin Liss, a PhD candidate in history at Columbia University and a member of Student Workers of Columbia-UAW (SWC); and Allie Wong, a PhD student at the Columbia Journalism School and a SWC member who was arrested and beaten by police during the second raid on the Gaza solidarity protests at Columbia on April 30, 2024. Additional links/info: Student Workers of Columbia-UAW Local 2710 website April 17: Day of Action to Defend Higher Ed website Mahmoud Khalil statement from ICE detention: “My name is Mahmoud Khalil and I am a political prisoner” Allie Wong, The Intercept, “This is not about antisemitism, Palestine, or Columbia. It's Trump dismantling the American dream“ Grant Miner, The Nation, “Columbia expelled me for my palestine activism, but I won't be silenced” Jonah E. Bromwich & Hamed Aleaziz, The New York Times, “Columbia student hunted by ICE sues to prevent deportation” AAUP letter to college and university legal offices: “Institutions Should Not Provide Student and Faculty Info To Enable Deportations” Alan Blinder, The New York Times, “Trump Has Targeted These Universities. Why?” Oliver Laughland, The Guardian, “‘Detention Alley': inside the Ice centres in the US south where foreign students and undocumented migrants languish” Alice Speri, The Guardian, “‘A huge cudgel': alarm as Trump's war on universities could target accreditors” Annie Ma, Makiya Seminera, & Christopher L. Keller, Associated Press, “Visa cancellations sow panic for international students, with hundreds fearing deportation” Maximillian Alvarez, Working People / The Real News Network, “‘People are hiding in their apartments': Inside Trump's assault on universities” Maximillian Alvarez, Working People / The Real News Network, “‘Kill these cuts before they kill us': Federally funded researchers warn DOGE cuts will be fatal” Permanent links below… Leave us a voicemail and we might play it on the show! Labor Radio / Podcast Network website, Facebook page, and Twitter page In These Times website, Facebook page, and Twitter page The Real News Network website, YouTube channel, podcast feeds, Facebook page, and Twitter page Featured Music… Jules Taylor, “Working People” Theme Song Studio Production: Maximillian Alvarez Post-Production: Jules Taylor
One year ago, Columbia University became ground zero for the student-led Gaza solidarity encampment movement that spread to campuses across the country and around the world. Now, Columbia has become ground zero for the Trump administration's authoritarian assault on higher education, academic freedom, and the right to free speech and free assembly—all under the McCarthyist guise of rooting out “anti-semitism.” From Trump's threats to cancel $400 million in federal grants and contracts with Columbia to the abduction of international students like Mahmoud Khalil by ICE agents, to the university's firing and expulsion of Student Workers of Columbia-United Auto Workers union president Grant Miner, “a tremendous chilling effect” has gripped Columbia's campus community. In this urgent episode of Working People, we speak with: Caitlin Liss, a PhD candidate in history at Columbia University and a member of Student Workers of Columbia-UAW (SWC); and Allie Wong, a PhD student at the Columbia Journalism School and a SWC member who was arrested and beaten by police during the second raid on the Gaza solidarity protests at Columbia on April 30, 2024.Additional links/info:Student Workers of Columbia-UAW Local 2710 websiteApril 17: Day of Action to Defend Higher Ed websiteMahmoud Khalil statement from ICE detention: “My name is Mahmoud Khalil and I am a political prisoner”Grant Miner, The Nation, “Columbia expelled me for my palestine activism, but I won't be silenced”Jonah E. Bromwich & Hamed Aleaziz, The New York Times, “Columbia student hunted by ICE sues to prevent deportation”AAUP letter to college and university legal offices: “Institutions Should Not Provide Student and Faculty Info To Enable Deportations”Alan Blinder, The New York Times, “Trump Has Targeted These Universities. Why?”Oliver Laughland, The Guardian, “‘Detention Alley': inside the Ice centres in the US south where foreign students and undocumented migrants languish”Alice Speri, The Guardian, “‘A huge cudgel': alarm as Trump's war on universities could target accreditors”Annie Ma, Makiya Seminera, & Christopher L. Keller, Associated Press, “Visa cancellations sow panic for international students, with hundreds fearing deportation”Maximillian Alvarez, Working People / The Real News Network, “‘People are hiding in their apartments': Inside Trump's assault on universities”Maximillian Alvarez, Working People / The Real News Network, “‘Kill these cuts before they kill us': Federally funded researchers warn DOGE cuts will be fatal”Permanent links below…Leave us a voicemail and we might play it on the show!Labor Radio / Podcast Network website, Facebook page, and Twitter pageIn These Times website, Facebook page, and Twitter pageThe Real News Network website, YouTube channel, podcast feeds, Facebook page, and Twitter pageFeatured Music…Jules Taylor, “Working People” Theme SongStudio Production: Maximillian AlvarezPost-Production: Jules TaylorBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-real-news-podcast--2952221/support.
International students are being abducted and disappeared by ICE in broad daylight. Life-saving research projects across the academy are being halted or thrown into disarray by seismic cuts to federal grants. Dozens of universities are under federal investigation for their Diversity, Equity, and Inclusion programs, their allowance of trans athletes to compete in college sports, and their tolerance of constitutionally protected Palestine solidarity protests. In today's urgent episode of Working People, we get a harrowing, on-the-ground view of the Trump administration's all-out assault on institutions of higher education and the people who live, learn, and work there. TRNN Editor-in-Chief Maximillian Alvarez speaks with Todd Wolfson, President of the American Association of University Professors, Associate Professor of Journalism and Media Studies at Rutgers University, and co-director of the Media, Inequality and Change Center; and Chenjerai Kumanyika, Assistant Professor at the Arthur L. Carter Journalism Institute at New York University, AAUP Council Member, and Peabody-award winning host of Empire City: The Untold Origin Story of the NYPD. Additional links/info: April 17: Day of Action to Defend Higher Ed website American Association of University Professors (AAUP) website Federal Unionists Network website AAUP letter to college and university legal offices: “Institutions Should Not Provide Student and Faculty Info To Enable Deportations” Alan Blinder, The New York Times, “Trump Has Targeted These Universities. Why?” Oliver Laughland, The Guardian, “‘Detention Alley': inside the Ice centres in the US south where foreign students and undocumented migrants languish” Alice Speri, The Guardian, “‘A huge cudgel': alarm as Trump's war on universities could target accreditors” Joy Connolly, Chronicle Review, “Colleges must stand together to resist Trump” Collin Binkley, Associated Press, “More than 50 universities face federal investigations as part of Trump's anti-DEI campaign” Maximillian Alvarez, Working People / The Real News Network, “‘Kill these cuts before they kill us': Federally funded researchers warn DOGE cuts will be fatal” Permanent links below… Leave us a voicemail and we might play it on the show! Labor Radio / Podcast Network website, Facebook page, and Twitter page In These Times website, Facebook page, and Twitter page The Real News Network website, YouTube channel, podcast feeds, Facebook page, and Twitter page Featured Music… Jules Taylor, “Working People” Theme Song Studio Production: Maximillian Alvarez Post-Production: Jules Taylor
On Tuesday, April 8, unions, unionized federal workers, and their supporters around the country mobilized for a national “Kill the Cuts” day of action to protest the Trump administration's cuts to life-saving research, healthcare, and education programs. As organizers stated on the Kill The Cuts website, "By cutting funds to lifesaving research and medical care, the Trump administration is abandoning families who are suffering and costing taxpayers billions of dollars. These cuts are dangerous to our health, and dangerous to our economy. On Tuesday, April 8th, 2025 workers across the country are standing up and demanding NO cuts to education and life-saving research." In this on-the-ground edition of Working People, we take you to the front lines of the Kill the Cuts rally that took place in Washington DC, and we speak with workers and union representatives whose lives and work have already been affected by these cuts.Speakers include: Margaret Cook, Vice President of the Public, Healthcare, and Education Workers sector of the Communications Workers of America (CWA); Matt Brown, Recording Secretary of NIH Fellows United (United Auto Workers Local 2750); Rakshita Balaji, a post-baccalaureate researcher at the National Institutes of Health (NIH); and Amanda Dykema, shop steward for American Federation of State, County, and Municipal Employees (AFSCME) Local 1072 at the University of Maryland, College Park.Additional links/info: Kill the Cuts website NIH Fellows United website Maximillian Alvarez, Working People / The Real News Network, “What's really behind Trump's war on federal unions?” Jocelyn Kaiser, Science, “NIH under orders to cancel $2.6 billion in contracts” Permanent links below… Leave us a voicemail and we might play it on the show! Labor Radio / Podcast Network website, Facebook page, and Twitter page In These Times website, Facebook page, and Twitter page The Real News Network website, YouTube channel, podcast feeds, Facebook page, and Twitter page Featured Music… Jules Taylor, “Working People” Theme Song Studio Production: Maximillian Alvarez Post-Production: Jules Taylor
International students are being abducted and disappeared by ICE in broad daylight. Life-saving research projects across the academy are being halted or thrown into disarray by seismic cuts to federal grants. Dozens of universities are under federal investigation for their Diversity, Equity, and Inclusion programs, their allowance of trans athletes to compete in college sports, and their tolerance of constitutionally protected Palestine solidarity protests. In today's urgent episode of Working People, we get a harrowing, on-the-ground view of the Trump administration's all-out assault on institutions of higher education and the people who live, learn, and work there. TRNN Editor-in-Chief Maximillian Alvarez speaks with Todd Wolfson, President of the American Association of University Professors, Associate Professor of Journalism and Media Studies at Rutgers University, and co-director of the Media, Inequality and Change Center; and Chenjerai Kumanyika, Assistant Professor at the Arthur L. Carter Journalism Institute at New York University, AAUP Council Member, and Peabody-award winning host of Empire City: The Untold Origin Story of the NYPD.Additional links/info:April 17: Day of Action to Defend Higher Ed websiteAmerican Association of University Professors (AAUP) websiteFederal Unionists Network websiteAAUP letter to college and university legal offices: “Institutions Should Not Provide Student and Faculty Info To Enable Deportations”Alan Blinder, The New York Times, “Trump Has Targeted These Universities. Why?”Oliver Laughland, The Guardian, “‘Detention Alley': inside the Ice centres in the US south where foreign students and undocumented migrants languish”Alice Speri, The Guardian, “‘A huge cudgel': alarm as Trump's war on universities could target accreditors”Joy Connolly, Chronicle Review, “Colleges must stand together to resist Trump”Collin Binkley, Associated Press, “More than 50 universities face federal investigations as part of Trump's anti-DEI campaign”Maximillian Alvarez, Working People / The Real News Network, “‘Kill these cuts before they kill us': Federally funded researchers warn DOGE cuts will be fatal”Permanent links below…Leave us a voicemail and we might play it on the show!Labor Radio / Podcast Network website, Facebook page, and Twitter pageIn These Times website, Facebook page, and Twitter pageThe Real News Network website, YouTube channel, podcast feeds, Facebook page, and Twitter pageFeatured Music…Jules Taylor, “Working People” Theme SongStudio Production: Maximillian AlvarezPost-Production: Jules TaylorBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-real-news-podcast--2952221/support.
On Tuesday, April 8, unions, unionized federal workers, and their supporters around the country mobilized for a national “Kill the Cuts” day of action to protest the Trump administration's cuts to life-saving research, healthcare, and education programs. As organizers stated on the Kill The Cuts website, "By cutting funds to lifesaving research and medical care, the Trump administration is abandoning families who are suffering and costing taxpayers billions of dollars. These cuts are dangerous to our health, and dangerous to our economy. On Tuesday, April 8th, 2025 workers across the country are standing up and demanding NO cuts to education and life-saving research." In this on-the-ground edition of Working People, we take you to the front lines of the Kill the Cuts rally that took place in Washington DC, and we speak with workers and union representatives whose lives and work have already been affected by these cuts.Speakers include: Margaret Cook, Vice President of the Public, Healthcare, and Education Workers sector of the Communications Workers of America (CWA); Matt Brown, Recording Secretary of NIH Fellows United (United Auto Workers Local 2750); Rakshita Balaji, a post-baccalaureate researcher at the National Institutes of Health (NIH); and Amanda Dykema, shop steward for American Federation of State, County, and Municipal Employees (AFSCME) Local 1072 at the University of Maryland, College Park.Additional links/info:Kill the Cuts websiteNIH Fellows United websiteMaximillian Alvarez, Working People / The Real News Network, “What's really behind Trump's war on federal unions?”Jocelyn Kaiser, Science, “NIH under orders to cancel $2.6 billion in contracts”Permanent links below…Leave us a voicemail and we might play it on the show!Labor Radio / Podcast Network website, Facebook page, and Twitter pageIn These Times website, Facebook page, and Twitter pageThe Real News Network website, YouTube channel, podcast feeds, Facebook page, and Twitter pageFeatured Music…Jules Taylor, “Working People” Theme SongStudio Production: Maximillian AlvarezPost-Production: Jules TaylorBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-real-news-podcast--2952221/support.
Stock market experts and loyalists to The Felon President were ecstatic about yesterday's huge rebounds in the market due to Trump pulling back almost all the tariffs he proposed, which was due in part to the bond market. But that was yesterday, today, during the show, we witnessed fluctuations leading the Dow Jones to tumble 2000 points (at the time of this posting, the loss is over 1800 points), but don't worry, it's only money, so stop whining. We also take a look at a disgraced former Milwaukee Police officer who is a part of the mass deportation effort. Then, Jim Santelle, host of Amicus: A Law Review is here to talk about free press getting their day, Federally funded SLAPP suits, our Federal Judges holding onto the guardrails and the reiteration of due process for all under The US Constitution. As always, thank you for listening, texting and calling, we couldn't do this without you! Don't forget to download the free Civic Media app and take us wherever you are in the world! Matenaer On Air is a part of the Civic Media radio network and airs Monday through Friday from 10 am - noon across the state. Subscribe to the podcast to be sure not to miss out on a single episode! You can also rate us on your podcast distribution center of choice, they go a long way! To learn more about the show and all of the programming across the Civic Media network, head over to https://civicmedia.us/shows to see the entire broadcast line up. Follow the show on Facebook, X and YouTube to keep up with Jane and the show! Guest: Jim Santelle
From removing diversity, equity, and inclusion initiatives to suspending foreign aid and canceling federal funding, it is clear that the current administration is drastically changing the landscape of government-funded research as we know it. What should research institutions be doing now to best prepare themselves for what's to come? On this episode, Epstein Becker Green attorneys Marylana Saadeh Helou, Emily Chi Fogler, and Elizabeth McEvoy discuss how recent executive actions are impacting federally funded research at ambulatory medical centers, hospitals, universities, and other institutions, as well as how these actions may impact existing or future grants from the government. Visit our site for related resources and email contact information: https://www.ebglaw.com/dhc87. Subscribe for email notifications: https://www.ebglaw.com/subscribe. Visit: http://diagnosinghealthcare.com. This podcast is presented by Epstein Becker & Green, P.C. All rights are reserved. This audio recording includes information about legal issues and legal developments. Such materials are for informational purposes only and may not reflect the most current legal developments. These informational materials are not intended, and should not be taken, as legal advice on any particular set of facts or circumstances, and these materials are not a substitute for the advice of competent counsel. The content reflects the personal views and opinions of the participants. No attorney-client relationship has been created by this audio recording. This audio recording may be considered attorney advertising in some jurisdictions under the applicable law and ethical rules. The determination of the need for legal services and the choice of a lawyer are extremely important decisions and should not be based solely upon advertisements or self-proclaimed expertise. No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers.
The federal government has spent nearly $3 billion on electric vehicle infrastructure. So far? Only 214 individual chargers have been built across the entire country. In this episode of American Potential, host David From sits down with Jeremiah Mosteller, Policy Director at Americans for Prosperity, to unpack how taxpayer dollars are being funneled into inefficient, top-down government programs that promise a cleaner future—but deliver very little. They take a hard look at two major Department of Transportation programs that were supposed to make EV charging more accessible nationwide. Instead, Mosteller reveals how the money has been doled out in lump sums to states, who then hand it over to private companies—regardless of whether there's actual demand for chargers. In one case, chargers are popping up in areas where no one even drives electric vehicles, including rural towns in North Carolina. Meanwhile, billions continue to be allocated without meaningful results or oversight. The episode also dives into other examples of government overreach and inefficiency—from a $2 million grant to train students how to fly drones, to fuel economy regulations that will raise car costs for working Americans. And in perhaps the most jaw-dropping revelation, the Department of Transportation still processes federal retirements on paper—stored in filing cabinets inside a limestone mine in Pennsylvania. This is part of the “Big Ideas for Smaller Government” series, where David and Jeremiah are working toward a bold goal: identifying $2 trillion in federal spending cuts. If you believe innovation comes from the ground up—not from Washington D.C.—and that government should be accountable for how it spends your money, this episode will give you plenty to think about.
Senate Committee on Indian Affairs Oversight Hearing entitled “Native American Education – Examining Federal Programs at the U.S. Department of Education” Date: April 2, 2025 Time: 2:30 PM Location: Dirksen Room: 628 Witnesses Panel 1 Mr. Jason Dropik Executive Director National Indian Education Association Washington, DC Ms. Sydna Yellowfish Director of Indian Education Edmond Public Schools Edmond, Oklahoma Dr. Rosita Worl President Sealaska Heritage Institute Juneau, Alaska Ms. Nicole Russell Executive Director National Association of Federally Impacted Schools Washington, DC Ms. Ahniwake Rose President and CEO American Indian Higher Education Consortium Alexandria, Virginia More on Indianz.Com: https://indianz.com/News/2025/04/02/written-testimony-for-senate-committee-on-indian-affairs-hearing-on-department-of-education/
All Minnesota GOP lawmakers in Congress joined their fellow Republicans in voting for a budget framework that includes $2 trillion in spending cuts. While it doesn't specify the programs, Republicans have targeted Medicaid and food aid programs.Tribal leaders are asking members of Congress to address funding concerns and uphold federal government's treaty obligations to tribes. Leech Lake Band of Ojibwe Secretary-Treasurer Leonard Fineday testified to a House Appropriations subcommittee Tuesday afternoon.A new report released Wednesday by the Minnesota Chamber Foundation found that nearly 60 percent of the state's total labor force and employment growth came from foreign-born workers from 2019 to 2023.Those stories and more in today's morning update. Hosted by Gracie Stockton.
IntroductionLIVE from your ESG and DEI Teeth Bleaching Kit, it's a Business Pants Friday Show here at February 21st Studios, featuring AnalystHole Matt Moscardi. On today's weekly wrap up: Canada still cares, Rupert Murdoch knows how to text, the illusion of meritocracy, and an important new announcement from YouTubeOur show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE.Story of the Week (DR):ESG Week MMBlackRock and Vanguard halt meetings with companies after SEC cracks down on ESGBlackRock resumes stewardship talks after reviewing new ESG guidanceProxy vote support for ESG drops to record low in 2024Clarification: ShareAction analyzed how 70 of the world's largest asset managers voted on 279 ESG shareholder resolutions during the 2024 proxy voting season:In 2024, only four (1.4%) out of the 279 resolutions we assessed received majority support, less than half of the percentage that gained a majority vote in 2023 (3%), and far lower than the 21% which passed in 2021.This is reflected in an ongoing downward trend in the average percentage support that these resolutions received, which was 20.6% in 2024 compared to 40% in 2021.Vanguard, the world's second largest asset manager, performed the worst of all the managers we assessed, voting in favour of 0% of shareholder proposals.Top 26 all in Europe1 GenAM (Italy) 982 BNP Paribas Asset Management (France) 973 PGGM Investments (Netherlands) 9728 Federated Hermes (top in US) 80BlackRock at #67 with a score of 5; Vanguard to out of 70 with a 0.Tesla Targeted With Worldwide Protests, Vandalism Tesla showrooms are being hit by a wave of anti-DOGE protestsSheryl Crow says goodbye to her Tesla and donates to NPR: 'You have to decide who you are willing to align with'Sign That Says “We Hate Him Too” Appears in Window of Tesla DealershipEconomist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession"Jesse Rothstein, DOL's chief economist at the start of the Obama administration: "This is going to be very, very bad."James Murdoch lays bare his relationship with ‘misogynist' father amid succession fight in rare interviewThe interview, published in the Atlantic, reveals James Murdoch, now 52, regarded his father, now 93, as a “misogynist” and described Fox News as a “menace” to US democracy.A series of “withering questions” put to James by Rupert's lawyer in a nearly five-hour session at a Manhattan law office. According to the Atlantic, the questions included:“Have you ever done anything successful on your own?”“Why were you too busy to say ‘Happy birthday' to your father when he turned 90?”“Does it strike you that, in your account, everything that goes wrong is always somebody else's fault?”The lawyer also referred to James and his sisters as “white, privileged, multibillionaire trust-fund babies”.James realised Rupert, who was seated silently, was texting the questions to the lawyer. “How fucking twisted is that?” he asks Coppins.UnitedHealth's rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three monthsUnitedHealthcare is in hot water again as the insurance giant grapples with a reported government investigation of its Medicare billing practices, pursues employee buyouts and potential layoffs and faces sharp criticism from billionaire Bill Ackman.It extends a tumultuous period for its parent company, UnitedHealth Group, marked by the killing of a top executive, a costly cyberattack against its subsidiary and high medical costs.The Department of Justice has launched a civil fraud investigation in recent months into UnitedHealth's billing practices for its Medicare Advantage plansThe probe specifically examines whether diagnoses were routinely made to trigger extra payments in those plans, including at physician groups the insurer ownsGoodliest of the Week (MM/DR):DR: Canadian banks must reveal diversity of board, top managers under new rulesCanadian banks and other national institutions have to disclose information about the diversity of their boards of directors and top management under new rules published on Saturday, in sharp contrast with the U.S. Trump administration which is ending such practices.Federally regulated financial institutions must also disclose policies to increase diversity while sending out notices of annual meetings to shareholders."Investors lack transparent and standardized information on the representation of women, Indigenous peoples, persons with disabilities and members of visible minorities in senior leadership positions … Diversity is fundamental to creating a thriving and successful financial sector that reflects Canadian values."DR: DEI is good for our business, Coca-Cola saysIn an annual filing, the company said its business could be adversely affected if it was "unable to attract or retain specialized talent or top talent with diverse perspectives, experiences and backgrounds."DR: REVERSAL: Trump rescinds DOT approval for NYC congestion toll, condemns city to pollutionDR: REVERSAL: Amazon workers reject union in vote at North Carolina warehouseOf the 3,276 ballots cast, there were 2,447 votes opposing the union and 829 in favor, according to the National Labor Relations Board.CAUSE was founded in 2022 by RDU1 employees Mary Hill and Rev. Ryan Brown to voice concerns about the company's response to the Covid pandemic, which they viewed as inadequate. The group sought to organize RDU1 to boost wages and secure longer breaks.Starting pay at RDU1 is $18.50 an hour. CAUSE has pushed to negotiate for wages of $30 an hour.Unions have enjoyed increasing support across the country, with 67% of Americans saying they approve of labor unions, according to Gallup.North Carolina had the lowest union membership rate in the country last year, with only 2.4% of workers in the state represented, according to the BLS.MM: NASA Has Some Good News About The Asteroid That Could Hit EarthMM: Finally, a future lawsuit against return to office mandates is here: Afternoon Naps Boost Your Problem-Solving, Study Finds110 minute nap!!MM: What's in that drink? Starbucks becomes less Instagrammable. MM DRAssholiest of the Week (MM):Meritocracy, the new buzzword DRExxon Swaps 'Diversity' for 'Meritocracy' in Report to InvestorsAccording to our data, ONE of Exxon's TWELVE directors meets relatively unimpeachable “merit” measures: advanced knowledge of the industry, network power, economic interest in the company, performance (earnings and TSR) at any company board they sit on, and CEO or leadership positions in the past.The ONE member that hits three of the five is Kaisa Hietala, who was a dissent director put there by Engine No 1 in an activist voteHere's why merit's missing: 7 of 12 directors are white menThere are no people of color anywhere except the two twofers - the woman born in Egypt who lived in Texas her whole life and was part of Trump 1.0, and the black guy on three other boards?Our data shows on average black women have more merit on paper than any other cohortNew plan: companies need to announce “increased meritocracy targets” - increasing the number of employees, executives, and directors meet meritocracy requirements by 2050The result will be: 100% of every company is black womenYou're welcomeIt's your job, assholeBoeing CEO praises Elon Musk for helping with the delayed Air Force One delivery: 'He's a brilliant guy'Your literal job is to build that thing for a client - imagine if we developed sucky director data, then said we hired ISS to build it because, “they're better at it!”Investors - you elected this board, this fool, and it's your money - is your job as owner the company to keep on a board and management team that needs help to do its basic job?Just a reminder: Ohio AG sued Boeing's board for safety failures - they can't keep their planes safe, they can't build new planes, they can't figure out how to deal with their employees… and the lowest vote against wasn't for prior CEO Dave Calhoun, it was for the guy who chaired the safety committee… for one year!Ohio voted FOR THEM ALLWhat it was always aboutThe worst version of fuck, marry, kill… fuck anyone with a vagina since you're a middle school boy, marry money, and kill… peopleAn Influencer Says She Had Elon Musk's Baby and the Drama Is Pretty Spectacular, Even by His StandardsElon Musk has a problem with X's Community Notes when he disapproves of the resultsElon Musk Is Flagrantly Gutting an Agency in Charge of Regulating TeslaTesla recalls more than 375,000 vehicles due to power steering issueHeadliniest of the WeekDR: Zuckerberg's New Metaverse Ad Is So Bad That the People Who Created It Must Be Secretly Trying to Embarrass HimMM: YouTube picked a new shade of red for its logo because the old red was too red - because the old color, hex code #FF1B1B was super loud and diverse, they made it a less diverse woke red, hex code #EB2F3BWho Won the Week?DR: NYC pollutionMM: Investor Relations Teams: BlackRock and Vanguard halt meetings with companies after SEC cracks down on ESG. BlackRock resumes stewardship talks after reviewing new ESG guidance. Not said but implied: “don't worry, we totally can't actually do stuff now, we're just talking here”PredictionsDR: Robbie Starbuck sues Coca-Cola because color of Coke is “too DEI”MM: Apple, prior to their upcoming meeting, sues Inspire Investing and Wayne Franzten, who copy pasted a shareholder proposal submitted by Bowyer Research, the company propped up by ISS, to Deere for a meeting in the same week. The lawsuit is on the grounds that Wayne Franzten doesn't exist (the only search result for his name is the Apple proposal, not even in voter records or political donation or real estate records can I find him - and this is his ONLY shareholder proposal in our database EVER), and on the grounds that a religious investor cannot sue on the grounds of financial materiality since Jesus said, “Children, how hard it is to enter the kingdom of God! It is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God.” | Mark 10:24b-25 and “Watch out! Be on your guard against all kinds of greed; life does not consist in an abundance of possessions.” | Luke 12:13-15, which means churches are anti-shareholder value.
Federally-indicted New York City Mayor Eric Adams opened his city's prison system to ICE agents as part of a reported quid pro quo agreement with President Trump, who will allegedly help Adams avoid prison in exchange for cooperation on the president's agenda. Oscar-winner George Clooney talks about legendary CBS journalist Edward R. Murrow, who was the most trusted person in television news during the 1950s when he stood up to powerful figures like Sen. Joseph McCarthy. Watch his portrayal of Murrow on Broadway in “Good Night, and Good Luck” in previews beginning March 12th and opening April 3rd at the Winter Garden Theater. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Oregon Health & Science University has been facing a series of mounting challenges in recent months, including its proposed merger with Legacy Health, which is being reviewed by the Oregon Health Authority. If approved, OHSU would control five of the six hospitals in Multnomah County, according to a report issued by OHA last November. OHSU has also had to contend with the departure of prominent executives such as the interim head of its health unit last month, and Dr. Brian Druker, a world renowned cancer researcher, who resigned in December as CEO of the Knight Cancer Institute. Among the reasons Druker shared with OPB for his decision included low staff morale, a lack of trust in OHSU’s leaders and the organization’s cost-cutting measures, such as its decision to lay off more than 500 employees. Leading OHSU during this turbulent time is Steve Stadum. The board of directors appointed him as interim president in November, marking his return to the organization which he first worked at more than 25 years ago. Stadum joins us to share his vision for OHSU and how he aims to navigate its internal and external challenges, including threats to federally funded research from the new Trump administration.