Podcasts about Ford Motor Company

Margie is an organizational effectiveness and Lean Thinking / Continuous Improvement teacher and coach. For over thirty years, she has helped executives and senior leaders recognize their changing roles and responsibilities in complex systems. By providing frameworks for thinking and learning, and evidence-based structures for practice, she supports leaders in identifying and developing appropriate behaviors and skills for leading and creating an organization filled with competent, confident problem solvers.For eighteen years, Margie worked as a global internal consultant for Ford Motor Company at all levels within the organization - from team leaders to the COO - in Product Development, Design and Manufacturing.Since 2005, Margie has worked in a variety of leading service and manufacturing industries, including healthcare, PreK-12 education, distribution, food service, and transportation/mobility. Her work has included university programs in areas of leadership development, Lean Thinking, and organizational learning. Margie's ongoing community work focuses on issues of hunger relief and land conservation.Clients invariably learn to appreciate Margie's ability to quickly assess leadership qualities, identify issues of misalignment among management, and recognize disconnects between agreed to policies and principles and actual daily behaviors. She embodies the belief that intentional, balanced focus on both the social and technical components in complex systems is essential for long-term effectiveness of any improvement efforts.Margie holds a Bachelor of Science Degree in Education from Butler University, Indiana (USA), and a Master of Science Degree in Education from Indiana University (USA).Link to claim CME credit: https://www.surveymonkey.com/r/3DXCFW3CME credit is available for up to 3 years after the stated release dateContact CEOD@bmhcc.org if you have any questions about claiming credit.

Twice in close to two decades of building an industry that barely existed, Dwayne Sperber has come near to walking away. Both times the phone rang. The second time was the morning he recorded this episode, when a project shifted against him and the call that came in was Jennifer asking him onto the show. What we're doing together is meaningful, he says, and that idea carries the whole conversation.   In this episode of the Woodpreneur Podcast, host Jennifer Alger sits down with Dwayne Sperber of Wudeward Urban Forest Products, a founding member of the Urban Wood Network and one of the earliest advocates for urban wood in the Midwest. Dwayne grew up on a farm in central Missouri and was working a corporate job at Ford Motor Company when a Chicago Tribune article about an arborist salvaging removed trees stopped him cold. Three days later he was standing in front of the man from the article.   He went from commissioned furniture maker to partnership with a sawmill that agreed to take the entire production of a tree removal, and he did it without ever writing a business plan. Then a general contractor chewed him out on an otherwise done deal, refusing to put his name on a project using a material he had never heard of. That rejection convinced Dwayne the wood needed standards behind it, which led to Wisconsin Urban Wood, a multi-state US Forest Service project, the Urban Wood Network, and the USRW certification work he does today.   You'll also hear the business model he calls suits to boots, why a first order can take three to five years, and how more than 40,000 board feet of his lumber ended up in the highest visibility areas of the Fiserv Forum. Dwayne closes with the one idea he most wants specifiers to understand: urban wood is not a product category to shop for, it is a material that can become almost any specified product, from ceiling systems to wall cladding to library tabletops. At the end of the day it is wood. The source is what is different.   Chapters 00:00 From Ford Motor Company to Urban Wood 04:47 Rising from Ashes and Building Without a Business Plan 11:47 Getting Chewed Out, Then Building an Industry 16:26 Standards, Certification, and Nature's Inventory 21:23 Suits to Boots and the Five Year Sales Cycle 28:10 Fiserv Forum and 40,000 Board Feet 41:19 Almost Quitting, and What Urban Wood Can Become   The Woodpreneur Podcast brings stories of woodworkers, makers, and entrepreneurs turning their passion for wood into successful businesses - from inspiration to education to actionable advice. Hosted by Steve Larosiliere and Jennifer Alger   For blog posts and updates: woodpreneur.com   See how we helped woodworkers, furniture-makers, millwork and lumber businesses grow to the next level: woodpreneurnetwork.com   Empowering woodpreneurs and building companies to grow and scale: buildergrowth.io   Connect with us at: Instagram: https://www.instagram.com/sawmillsnearme/ Facebook: https://www.facebook.com/woodpreneurnetwork/ Join Our Facebook Group! https://www.facebook.com/groups/woodpreneurnetwork Join our newsletter: https://substack.com/@woodpreneurnetwork   You can connect with Dwayne at: https://www.wudeward.com/ https://www.linkedin.com/in/dwayne-sperber-64a58819/

Plus: Oil prices jump after Iran launched a surprise attack on U.S. forces. And Ford shares rallies after raising outlook. Imani Moise hosts. Sign up for WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of the WLEI Podcast, we speak with Jim Morgan and Sebastian Fixson about organizational implications for product development and what building your team's product development capabilities looks like in the age of AI. Morgan is the author of Designing the Future and has spent over 30 years in industry as a product development leader including serving as a global engineering director at Ford Motor Company during the product-led revitalization under CEO Alan Mulally. Sebastian Fixson is Founding Faculty Director of the DBA Program and Professor of Innovation & Design at Babson College and author of The Innovation Navigator: Transforming Your Organization in the Era of AI. The conversation explores:  What people-first leadership means in practice Why particular structures, processes, and practices are needed in product development to help people do their best work The trade-offs inherent in functional and product organizations The organizational and product development implications of new technologies including generative AI How today's entrepreneurs are thinking about product development and how to invest in developing the next generation of developers

Ford Motor Company is recalling more than half a million Broncos. The AP's Marcela Sanchez reports on which models are affected and what's behind the recall.

Netflix Is Struggling to Stay on Top…. and the Stock Reflects It For years, Netflix has been the dominant force in streaming, consistently taking market share from its competitors. However, recent data suggests the competition is beginning to chip away at that lead.   Netflix reported earnings last week, and the results showed a company that is executing well. Profits continue to grow, customer cancellations remain among the lowest in the industry, and the company is still producing blockbuster franchises like Bridgerton and Stranger Things that attract millions of viewers.   The concern in the report wasn't profitability, it was engagement. Viewer engagement measures how much time subscribers spend watching content and how often they complete a movie or series. The more engaged customers are, the less likely they are to cancel their subscription in favor of another streaming service. That's why this metric is so important.   Netflix still accounted for 7.8% of total TV viewing in April, making it the largest subscription streaming platform. However, that was its lowest share since May 2025, suggesting competitors are gradually gaining ground.   The stock has reflected those concerns, declining roughly 40% over the past year despite continued earnings growth. I've always liked what Netflix co-founder Reed Hastings had to say as he frequently emphasized the importance of staying focused and keeping the business simple. That's a philosophy that has served our investment firm well over the years.   Now, with increasing competition from Disney, HBO Max, YouTube, and others, Netflix is reportedly exploring additional subscription offerings similar to what Amazon and Apple provide. Personally, I think that would be a mistake.   At this year's Emmy Awards, Netflix earned 111 nominations. Instead of expanding into new subscription services, why not invest even more heavily in creating award-winning shows and movies? If they produced enough quality content to earn 120 or even 130 Emmy nominations next year, subscriber engagement would likely take care of itself.   Sometimes the best strategy isn't to do more, it's to do one thing exceptionally well. What do you think? Have you canceled or considered canceling your Netflix subscription? Or do you still believe Netflix offers the best streaming service?   U.S. oil supplies are falling to concerning levels U.S. oil inventories have fallen to levels that should be a concern. The current U.S. oil stockpile is just under 410 million barrels. On a seasonal basis, we have not seen inventories this low since 2018. The seasonal comparison is important because summer is one of the highest-consumption periods of the year.   The U.S. consumes about 20.6 million barrels of oil per day, produces approximately 13.9 million barrels per day, and relies on imports for roughly 7 million barrels per day. At the same time, the United States exports about 4 million barrels of oil per day, likely because companies can receive higher prices for that oil in international markets. If we somehow stopped producing and importing oil entirely, the current commercial stockpile would last roughly 20 days.   The Strategic Petroleum Reserve, which has been reduced to approximately 317 million barrels, is also at its lowest level since 1983. At current consumption rates, that reserve would represent roughly 15 days of consumption.   Replenishing U.S. oil inventories to higher levels could take many months or even years. Now with WTI oil around $90 a barrel that higher price could actually be a good thing.   You may be wondering why I would say that, especially since higher oil prices often mean higher gas prices at the pump, but higher gas prices may encourage consumers and businesses to reduce their energy consumption. A lower consumption rate could help slow the decline in inventories and give the U.S. a chance to rebuild its oil supplies.   Over the last six months, have you found yourself reducing your energy usage? And do you plan to reduce your consumption going forward?   Banks Had a Great Quarter, Is It Time to Invest? Last week, the banks reported financial results that topped estimates for both earnings and revenue. They also showed improved efficiency as expenses declined as a percentage of revenue. After such a strong quarter, you might think the coast is clear and it's time to invest in the banking sector.   For the cautious investor, however, it's important to look at the other side of the coin. I'm not expecting the banks to fall dramatically but returns going forward could be more muted because of several factors.   First, there is net interest margin, which measures the difference between what a bank earns on its assets and what it pays depositors and debt holders to borrow money. Banks now have very large balance sheets, so even if net interest margins decline, the dollar amount of profits can remain substantial. However, further pressure on margins could still become a headwind for future earnings growth.   There are also other risks for conservative investors to consider. The ongoing situation with Iran could create additional uncertainty. The AI boom could experience a rough patch, and while the economy and labor markets appear strong right now, investors cannot ignore the possibility of an economic slowdown.   Rising interest rates could also prove difficult for banks if rates move significantly higher from current levels, potentially putting pressure on their profit margins. The good news is that bank valuations are not excessively high, which could help limit the downside risk in the event of a market pullback.   To be clear, we are not anticipating a major decline in the banks we hold in our portfolio. However, investors should make sure the banks they own have very strong balance sheets. Strong capital positions and manageable debt can help reduce downside risk if the economic environment becomes more challenging. A strong quarter is certainly a positive sign for the banks, but investors should remember that great earnings today do not always guarantee great returns tomorrow. Valuation, balance-sheet strength, and the economic environment will all play an important role in determining future returns.   Are new homes actually a better deal than existing homes? There is an interesting trend developing in the housing market: the median price of a newly built home is now lower than the median price of an existing home. Historically there has been about a 20% premium for new homes.   At first, that sounds surprising. New homes are typically more expensive, so how can they now be cheaper? One major reason is that the type of new homes being built and sold has changed. Builders are increasingly focusing on smaller homes, townhomes, and more affordable developments. Townhouses now account for about one in five new single-family homes, which is the highest share since the National Association of Home Builders began tracking the data in 1985. In many cases developers are focusing on attainable homes for the middle-class which means the homes are roughly 1,200 to 2,000 square feet on smaller lots. As a result, the median price of a new home can look lower than the median price of an existing home, even though that doesn't necessarily always mean buyers are getting more house for their money.   In other words, the comparison isn't always apples to apples. A new townhome or smaller home may have a lower price than an older, larger single-family home. That can make new construction appear to be a better deal, but buyers need to carefully consider what they are actually comparing.   There are some real advantages to buying new. Builders are offering incentives such as mortgage-rate buydowns and assistance with closing costs. These lower rates make the monthly payment lower and more achievable than a comparable existing home. New homes typically require less maintenance, come with modern finishes and new appliances, are more energy efficient, and often come with warranties.   But there are risks and a big one many people may not consider is lower resale value. Many of these new home developments only provide a handful of floorplans and they are built on a smaller parcel of land, which leads to less distinctive homes. If you go to sell your home within a few years, you may also be competing against the homebuilder if new homes are still being built in the community.   The bottom line: new homes may offer some of the best deals in the housing market right now, but buyers need to look beyond the headline numbers. Compare the size, location, price per square foot, HOA fees, upgrades, and the total monthly cost. A new home may be a better deal than an existing home, but make sure you understand exactly what you are getting for your money.   Stock Trading Is Off the Charts! There is a frenzy happening in the stock market right now. With individuals buying and selling stocks, along with institutional investors constantly trading, Wall Street is generating enormous trading fees. But one has to ask the question: Does all of this activity make sense?   U.S. average daily trading volume in equities and options hit a record in the second quarter, with 73 million options contracts and 20 billion shares traded. Think about that number for a minute: 20 billion shares of stock changing hands over just three months. Let that sink in.   We have not seen this much activity in individual stocks since the end of the dot-com bubble, and we all know how that turned out.   The good news is that, with this frenzy of stock trading, more people are beginning to seek professional help managing their portfolios. The bad news is that many brokers are really just salespeople who may not have a strong investment philosophy or truly understand what they are doing. They will simply ride the wave until the crash comes, just as happened at the end of the tech bust.   Back then, even a year after the market had collapsed, some brokers were still telling their clients to stay invested because the market would eventually come back. I remember an old saying I learned when I first entered the industry: “The broker knows the price of everything and the value of nothing.”   It took the Nasdaq more than 15 years to get back to breakeven after the dot-com bubble burst when it fell close to 80% from top to bottom. That is why it is so important, when seeking financial advice, to understand the investment philosophy of the broker or investment adviser you are working with. Does their philosophy make sense to you? Does it align with your goals? And, most importantly, does it make sense for your portfolio?   When markets are rising and everyone is making money, almost any strategy can look brilliant. The real test is what happens when the frenzy ends.   If it sounds too good to be true, it probably is! A recent story in Barron's highlights a warning that applies to everyone, not just professional athletes.   Several current and former professional athletes reportedly invested in an online business opportunity that sounded too good to be true. Three former NFL players were interviewed by Barron's and collectively they said they lost more than $1 million. The pitch was simple: invest at least $50,000 in an online store and they'll handle everything from social-media marketing to manufacturing store inventory. Investors were told they would get their original investment back within six months, and then receive 80% of the profits.   Sounds like a great deal, right? Unfortunately, according to the investigation, it appears the sales weren't real. The stores were built using Shopify and appeared to be generating significant revenue. But investigators reportedly found questionable orders, including one $5,000 order for 100 desktop humidifiers and 120 USB-powered cup warmers. The person at the shipping address said they never placed the order and “Who needs 100 humidifiers and 120 cup warmers?” There were also other red flags including one e-commerce site, Dailyprodtrend, doesn't appear in Google search results and the web address is just a random string of numbers and letters.   The scheme is run by a 24-year-old entrepreneur named Mohamed Coulibaly and to gain credibility he used celebrity connections citing the names of about two dozen current and former pro athletes and other public figures as clients in a pitch deck. He also has created an image of wealth and success with one athlete saying he saw what appeared to be $25 million in a business account that Coulibaly showed him on a cellphone screen. It's important to remember that no matter how successful someone appears or how many famous people they know you still need to do your own due diligence.   A big problem is the websites were just the beginning of what appears to be a longer con. Once investors had their Shopify login credentials, they were given the impression the business was healthy due to these “fake” orders and then were presented with an even bigger bet that involved the Dubai investment firm Middle East Venture Partners. Unfortunately, this appears to have led to more red flags and still no return on investment.   Before investing, you should independently verify the revenue, customers, expenses, bank statements, contracts, and the actual business itself. Don't simply rely on an online dashboard or someone else's claims about how much money is being made.   The bottom line: If it sounds too good to be true, it probably is. And the more exciting and guaranteed the opportunity sounds, the more skeptical you should become.   Financial Planning: Conservation Easements: Valuable Planning Tool or Tax Trap? Conservation easements are a tax planning strategy that allows a landowner to permanently donate certain development rights to a qualified conservation organization in exchange for a charitable income tax deduction equal to the reduction in the property's value. When used as Congress intended, they can provide meaningful tax benefits while preserving land for future generations. For example, a family that owns a 1,000-acre ranch valued at $10 million may have no intention of developing the property and want to ensure it remains open space permanently. By donating a conservation easement that limits future development, the property value may decline to $6 million, creating a $4 million charitable deduction while allowing the family to continue owning and using the land. This type of transaction aligns with the purpose of the law because the conservation benefit is the primary goal and the tax deduction is an incentive. However, taxpayers should be cautious of strategies that appear too good to be true. In recent years, the IRS has aggressively challenged syndicated conservation easement transactions that were marketed primarily as tax shelters. In these arrangements, investors often contributed a relatively small amount of capital to a partnership that acquired land, and promoters claimed the donation of a conservation easement created deductions several times larger than the investors' original contribution. For example, an investor might contribute $250,000 and be promised a $1 million charitable deduction based on an aggressive property valuation. Many of these transactions relied on inflated appraisals and lacked a genuine conservation purpose, resulting in significant IRS scrutiny, disallowed deductions, penalties, and litigation. While conservation easements can be used in specific situations, they should be approached with caution and used only when there is a legitimate conservation objective. As with many tax strategies, a benefit that appears disproportionately large compared to the underlying economic activity is often a warning sign that additional due diligence is needed. Are Porsche Cars Losing Their Excitement? Porsche cars have long been known for their high-end, exciting sports cars. But lately, the company has been losing sales compared with last year.   Porsche faces plenty of competition, but its global deliveries were down 16% during the first six months of 2026 compared with the same period in 2025. Last year, the company benefited from strong demand for the electric Macan, while it also ended production of the gasoline-powered 718.   The company was also hurt by the loss of U.S. tax incentives for electric vehicles, which contributed to the decline in sales. Porsche sold 37,712 vehicles in North America, a 13% decline from last year. China, which accounts for roughly 10% of Porsche's sales, saw an even larger drop, with sales falling 32% to 14,501 vehicles.   The price of a Porsche starts at around $65,000, but the average transaction price is closer to $125,000. And if you know anything about these cars, you also know that the maintenance and upkeep can put significant pressure on your wallet. You would think that if you're spending $125,000 on a car, you shouldn't have to spend a fortune maintaining it. But that can be part of the trade-off when owning a high-performance luxury vehicle.   So, are Porsche cars losing some of their excitement? Would you be willing to spend $125,000 on a new Porsche, or would you rather purchase a less expensive American car?   Time to Say Goodbye to EV Car Maker Polestar? I would occasionally see Polestar vehicles on the road, and I believe the company even has a dealership at UTC Mall. However, I didn't know much about the company and was surprised to learn just how complicated its ownership structure is.   Polestar is closely tied to Volvo, which is 79% owned by the Chinese company Zhejiang Geely Holding Group. The automotive world has become incredibly complicated over the years. I always thought of Volvo as a Swedish company, but that is no longer technically the case.   The ownership change began in March 1999, when Ford Motor Company paid $6.5 billion to acquire Volvo. However, Ford later sold 79% of Volvo to Geely in August 2010 for approximately $1.8 billion. The remaining 21% is publicly owned through stock ownership. In other words, Ford appears to have taken a significant loss on its investment.   Now, Polestar is facing serious challenges in the United States. The U.S. government is concerned about the company's connection to China and the possibility that data collected by the vehicles could be accessed by the Chinese government. As a result, new Polestar vehicles are no longer expected to be sold in the U.S.   What is strange, however, is that Volvo vehicles are still being sold in the United States, even though Volvo is also majority-owned by Geely. The situation shows just how complicated the relationship between the U.S. auto market and Chinese ownership has become.   There are currently reports of fire-sale discounts on Polestar vehicles, with some discounts reportedly reaching as much as $25,000 just to move the cars. These vehicles originally sold for roughly $55,000 to $75,000 when new.   I'm not sure who would want to purchase one at this point. The biggest concern may not even be the vehicle itself, but what happens to service and support for existing owners. It is possible that Volvo will continue servicing Polestar vehicles, but I would be skeptical about whether maintaining a separate service infrastructure for the brand will be worth the company's time.   After all, relations between the United States and China are currently far from ideal. For Polestar owners, that could create some serious questions about the future of their vehicles.   The New Tobacco Companies The three remaining major players in the tobacco industry are Philip Morris International, British American Tobacco, and Altria Group. It should come as no surprise that the number of cigarettes sold in North America has dropped by about 33% since 2020, while the number of tobacco smokers continues to decline rapidly.   But don't be fooled: Tobacco companies have developed smoke-free products that are gaining popularity, but that does not mean they are healthy. The two primary alternatives tobacco companies are now selling are vaping products and something called an oral nicotine pouch.   It is easy to see when someone is vaping because of the large clouds of vapor produced. Nicotine pouches, however, are much less noticeable. They are placed between the front of your teeth and your lip, similar to chewing tobacco. The difference is that you don't need to spit out saliva every few minutes because the nicotine is slowly released into your system.   Currently, in North America, about 7% of the population vapes, up from 3.7% in 2020. Nicotine pouches are also growing rapidly, although you can't see who is using them. In 2024, approximately 23 billion nicotine pouches were sold worldwide, a 50% increase from 2023.   Make no mistake: Both of these products contain nicotine, which is highly addictive and keeps people coming back for more. Some may believe that nicotine pouches are simply a way to move away from cigarettes, but that isn't necessarily the case. The pouch itself can become addictive as well.   Tobacco stocks have performed well, with some nearly doubling over the last few years. More institutional investors who previously dumped these stocks for ethical reasons are now returning because of the growth of smoke-free products.   It all sounds like smoke and mirrors to me. There are simply too many issues surrounding nicotine and the addictive nature of these smokeless products for me to feel comfortable investing in the tobacco industry.   Companies Discussed: Fiserv, Inc. (Ticker: FISV)

The nationwide rollout of E20 petrol has become a political issue. As people complain of engine damage and lower mileage, the Opposition has accused the government of forcing E20 petrol on people. Citizens and consumers generally have two demands: one, do not force E20 on everyone but give people the option to buy pure petrol; and two, reduce the price of E20 petrol to reflect its lower calorific value and lower mileage. Are these fair demands? How have other countries managed the rollout of ethanol-blended petrol? How can India make this transition better? We speak with Vinay Piparsania, an engineer from IIT, Delhi and an independent automotive consultant who was with Ford Motor Company for over 20 years. Host: G Sampath Producer: Shiksha jural Learn more about your ad choices. Visit megaphone.fm/adchoices

July 16, 2026 ~ Mark Truby, Chief Communications Officer, Ford Motor Company joins Paul W. Smith live from Ford's new world headquarters. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Driving America's Next Manufacturing Revolution: How United States Council for Automotive Research (USCAR) is Shaping the Future of the U.S. Auto IndustryOur guest is Steve Przesmitzki, President of USCAR, the collaborative research organization founded by Ford Motor Company, General Motors, and Stellantis. For more than three decades, USCAR has brought together automakers, suppliers and government partners to conduct pre-competitive research that advances manufacturing, electrification, propulsion systems, sustainability, and more that will define the next generation of transportation.Steve brings a remarkable career spanning industry, government, and research. A Professional Engineer with M.S. and Ph.D. degrees from MIT, Steve has devoted his career to advancing transportation technology, energy innovation, and American industrial competitiveness.

What happens when you finally say yes to the life that's been calling you even when the fear is real, and the path isn't clear?   In this episode of Someone Gets Me, Dianne A. Allen is joined by Canadian guitarist and musician Chris Eveland for a rich, honest conversation about what it really takes to leave behind a stable career and step fully into your passion. After 21 years on the floor at Ford Motor Company, Chris made the leap — no plan, no guarantee, just a belief that something more was possible.    Chris and Dianne explore the performing arts, personal sovereignty, and the courage it takes to stop living someone else's definition of success and start living your own. This episode is a reminder that the doors you walk through when you say yes to yourself are doors that never close.   Watch the Someone Gets Me Podcast as we talk about why Change is Good.   Did you enjoy this episode? Subscribe to the channel, tap the notification bell, and leave a comment!   You can also listen to the show on Spotify, Apple Podcasts, and Amazon Music.   Chris Eveland is a dynamic and versatile guitarist whose style emulates many genres. With a deep passion for music that began at a young age, Chris has spent over 35 years and north of 3000 live shows, honing his craft, developing a reputation for technical skill, emotive playing, and a unique sound that blends many of his influences. Chris has performed in Theaters, Festivals, Arenas all over North America and the UK as well. As a composer, he creates intricate, melodic guitar parts that resonate with many listeners and has him known as a go-to hired professional. Whether on stage or in the studio, Chris brings an infectious energy and technical precision that resonates with audiences and fellow musicians alike. Chris also has acquired an Artist endorsement deal with the Canadian guitar company Godin. In addition to performing, Chris has collaborated and toured with Sony BMG recording artist Aaron Walpole (3rd place Canadian Idol) and is currently working with a North American touring Abba tribute. Known for his improvisational skills and stage presence, he brings a fresh and exciting approach to every performance, leaving a lasting impact wherever he goes. Chris is currently performing, recording, and touring with SOS the Abba Experience, FyRe, John Milles Music, Sammi and the Boys, and is regularly hired as a fill-in for many bands in Ontario. Facebook: https://www.facebook.com/chrisevelandmusic/  Instagram: https://www.instagram.com/eveland5150/    How to Connect with Dianne A. Allen   Dianne A. Allen, MA is an intuitive mentor, speaker, author, ambassador, hope agent, life catalyst, and the CEO and Founder of Visions Applied. She has been involved in personal and professional development and mental health and addiction counseling. She inspires people in personal transformation through thought provoking services from speaking and podcasting to individual intuitive mentoring and more. She uses her years of experience coupled with years of formal education to blend powerful, practical, and effective strategies and tools for success and satisfaction. She has authored several books, which include How to Quit Anything in 5 Simple Steps - Break the Chains that Bind You, The Loneliness Cure, A Guide to Contentment, 7 Simple Steps to Get Back on track and Live the Life You Envision, Daily Meditations for Visionary Leaders, Hope Realized, and Where Do You Fit In?   Website: https://msdianneallen.com/ Instagram: https://www.instagram.com/dianne_a_allen/ Facebook: https://www.facebook.com/msdianneallen/ LinkedIn: https://www.linkedin.com/in/dianneallen/# Twitter: https://x.com/msdianneallen   Check out Dianne's new book, Care for the Neurodivergent Soul. https://a.co/d/cTBSxQv   Visit Dianne's Amazon author page. https://www.amazon.com/stores/author/B0F7N457KS   You have a vision inside to create something bigger than you. What you need is a community and a mentor. Personal mentoring will inspire you to grow, transform, and connect in new ways. The Someone Gets Me Experience could be that perfect solution to bringing your heart's desire into reality. You will grow, transform, and connect. https://msdianneallen.com/someone-gets-me-experience/   For a complimentary “Get to Know You” 30-minute call: https://visionsapplied.as.me/schedule.php?appointmentType=4017868   Join our Facebook: https://www.facebook.com/groups/someonegetsme   Follow Dianne's Facebook Page: https://www.facebook.com/msdianneallen   Email contact: dianne@visionsapplied.com   Dianne's Mentoring Services: https://msdianneallen.com/  

In the last few weeks, chipmaker Micron Technology has signed agreements with both General Motors and Ford Motor Company, which are looking to secure their supply of memory and storage platforms. This comes after the U.S. announced it would withdraw from a trade deal with Canada and Mexico, of which the car industry represents about 18%. But first, we'll look at how John Deere product owners now have the “right to repair.”Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories featured in this episode:John Deere equipment owners now have the "right to repair"Why the auto industry needs chipmakers

In the last few weeks, chipmaker Micron Technology has signed agreements with both General Motors and Ford Motor Company, which are looking to secure their supply of memory and storage platforms. This comes after the U.S. announced it would withdraw from a trade deal with Canada and Mexico, of which the car industry represents about 18%. But first, we'll look at how John Deere product owners now have the “right to repair.”Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories featured in this episode:John Deere equipment owners now have the "right to repair"Why the auto industry needs chipmakers

It may come as a surprise to some Mustang owners and fans, but the idea of celebrating National Mustang Day each year on (or around) the car's public introduction day of April 17th didn't originate from Ford Motor Company. Rather, it was the brainchild of the late Steve Hall, originally set up to be an annual fundraiser for his newly founded Mustang Owner's Museum via the sale of windshield stickers to participating clubs. The museum created a National Mustang Day website to facilitate the sale of the window clings and list all of the participating club activities planned for that day, as well as to register for the museum's own NMD events beginning in 2018.Much like the creation of the Mustang Owner's Museum, Steve's idea of founding an annual National Mustang Day on the anniversary of the car's public birthday was well-embraced. And after that first one was in the books, the practice of owners and fans gathering on National Mustang Day has grown into a global phenomenon. For 2026, Mischelle Hall invited the podcast to attend both days, to be a guest speaker at the museum show and set up our Meet & Greet tent.Friday night's Hall of Fame dinner was emceed by MCA past president Steve Prewitt, who introduced the inductee for the Mustang Industry category, Bud Magaldi, chief designer and styling design manager of the Fourth Generation (SN95) 1994 Mustang. Next up was the Mustang Journalism category with fellow Mustang author Brad Bowling, perhaps best known for his unearthing of Steve McQueen's original Bullitt movie car. John Force was inducted in the Mustang Racing category, but the retired NHRA drag racing legend was unable to attend. The final Hall of Fame category, Mustang Hobby, was posthumously awarded to the late Steve Hall, founder of the Mustang Owner's Museum and National Mustang Day itself.Smiles were the order of the day on Saturday, as the cars started rolling into the museum lots before 7 a.m. for the National Mustang Day car show. There were easily over 100 Mustangs on display outside, with attendees coming in and out of the museum and filling the presentation tent all afternoon. The first guest speaker was Angela Graham from AutoBarn Classic Cars, who shared insights about the facility, including classic car sales, consignment, storage and memorabilia. The second speaker was Matt Grev from Wheelhouse Performance Racing, formerly the Ford Performance Racing School. Matt discussed the details of the continuation of the school under Wheelhouse and how they can help anyone take their driving expertise to the next level, whether they are beginners or experienced racers.We were able to catch some of the talk given by the third guest speaker, none other than our friend Emeline King, Ford's first-ever black female transportation designer. Known as the interior designer of the Fourth Generation 1994 SN-95 Mustang under Bud Magaldi, Emeline came down to witness Bud's induction into the HoF as well as to offer the backstory behind her inspirational book, "What Do You Mean A Black Girl Can't Design Cars? Emeline King, She Did It!"This year's 9th Annual Mustang Owner's Museum National Mustang Day event wrapped up with a brief awards ceremony, with each car show award winner chosen by the Hall of Fame Inductees, the Mustang Owner's Museum and by event attendees. They were:Carrie Boschan - Black 1996 SVT Cobra CoupeChosen by Mustang Industry Inductee Bud MagaldiBrian Rosenstein - Grey 1985 GTChosen by Mustang Journalism inductee Brad BowlingMike & Lorie Williams - Bright Yellow 1977 Mustang II ConvertibleJimy Reid - Vapor Blue 2024 Dark HorseChosen by Emeline King on behalf of Mustang Hobby inductee Steve HallEric Hausfeld - Dusk Rose 1967 Coupe Sports SprintChosen by the Mustang Owner's MuseumCJ Carter - Ivy Green1966 Shelby GT350And finally, the winner of the drawing for the 2009 Shelby GT500 Giveaway Car was Anthony Greene – who was actually in attendance when his name was drawn!

Kevin discusses and covers the following stories: payroll processing firm ADP reported June Private Sector Employment numbers; the U.S. Commerce Department's Census Bureau reported May Construction Spending; Associated Builders and Contractors reported National Nonresidential Construction Spending data; the Institute for Supply Management released their Purchasing Manager's Index (PMI); the S&P Global U.S. Manufacturing PMI was released; Ford Motor Company reached a new record; AAA released their projections for Independence Day week travel; California has a new gift for gas and diesel consumers; oil reacts to U.S. - Iran peace talks progressing, U.S. crude inventory data and OPEC+ output announcements; Kevin has the details, digs into the data, puts the information into historical, offers his insights and opinions. See omnystudio.com/listener for privacy information.

DR1THINGS WE MISSEDThe meritocracy is still a lie: ‘Don't look at the résumé': Elon Musk admits he's ‘fallen prey' to flashy credentials and says conversation matters most when hiring“Generally, what I tell people—I tell myself, I guess, aspirationally—is, don't look at the résumé,” he said. “Just believe your interaction. The résumé may seem very impressive…but if the conversation after 20 minutes is not ‘Wow,' you should believe the conversation, not the paper.”“I think goodness of heart is important.”Four Black women. Nine degrees. Not one steady paycheck.The president promised to save “Black jobs,” but his policies have resulted in fresh pain for the Black middle class as the employment gap widens.Study: Women are more likely to get hired after taking GLP-1sZuck still sucks: Mark Zuckerberg Sure Sounds Eager to Get Young People Hooked on Online GamblingThe Meta CEO is developing a social network betting market app—and wants help from Polymarket and Kalshi.Starbucks “Actively Reassessing” 2030 Climate GoalStarbucks initially unveiled its climate goal in 2020, targeting a 50% reduction in Scope 1, 2 and 3 emissions by 2030, on a 2019 basis.While the company's impact report indicates that it has succeeded in cutting operational emissions, with Scope 1 and 2 falling 17% since 2019, wider value chain emissions have continued to climb, with Scope 3 rising by 8% since 2019. With Scope 3 accounting for over 90% of overall emissions, Starbucks has seen its GHG footprint grow by 7% overall since 2019.The reassessment of the goal comes as the company takes “a fresh, comprehensive look at our sustainability goals,” according to a blog post by Starbucks' Chief Sustainability and Social Impact Officer Kelly Goodejohn, as part of the company's ‘Back to Starbucks' strategy initiated by CEO Brain Niccol. From the Impact Report:Overall Grants from the Starbucks FoundationFY25 $13.6M ($31M)FY24 $21.4M ($96M)Delaware Court of Chancery Interprets New Section 144 and Applies Heightened Presumption of Director IndependenceThe Opinion arose in a common context in Delaware stockholder litigation: claims over director and management compensation. In the decision, Vice Chancellor Lori W. Will applied, for the first time, the statute's heightened presumption of independence for directors of public companies determined by the board to be independent under the relevant NYSE or Nasdaq listing standards to dismiss derivative claims on demand futility grounds.In conducting the demand futility analysis, which looks to whether a majority of the board can independently consider a stockholder demand to bring derivative litigation, the Court reasoned that the new statutory language requiring a plaintiff to plead “substantial and particularized facts” to rebut the “heightened” presumption of independence sets a higher bar than under pre-existing law. Specifically, the Court held that the addition of “substantial” to the existing standard that already required particularized facts meant that “a plaintiff must plead specific, non-conclusory facts of sufficient qualitative significance to support a reasonable inference of a material interest or relationship that would impair the director's objective judgment.” The Court was clear that it is not a matter of quantity but rather quality, observing that “a collection of trivial facts” will not rise to the level of materiality required to satisfy this “heightened” standard. Applying that standard to the facts in the case, the Court concluded that the plaintiff's allegations of various overlapping board positions, overlapping investments, and other “business ties” with the company's founder and non-executive chairman were not sufficiently material.DR2The Boardroom Buy-InThe Taser CEO Who Says AI Is the Future of PolicingTaser and body-cam king Rick Smith is betting Axon's dominance—and his own pay package—on his tech-driven vision66% influenceRick Smith: Every 30 seconds one of his Tasers is fired by somebody in the U.S., usually a police officer.The pay package he and his board put together catapulted him to the top of last year's list of the highest-paid CEOs, with a compensation package valued at $164.4 million.33% no 2025; 10% no 2026Smith has already hit three of seven goals. At the end of 2025, Axon estimated the shares underlying the full award could be worth nearly $386 million.IN: Not a dictatorshipOne share one voteBlackRock 9.3%The Vanguard Group 11.6%Patrick Smith 3.5 %OUT: Patrick Smith 66% influence MMWith Chair Michael Garnreiter (2006-); sits on Audit, Compensation Committee, and Nominating committeesCompensation Committee chair Hadi Partovi (2010-): Smith (‘91) and Partovi (‘94) both members of the Theta Eta chapter of Sigma Chi at HarvardOUT: Patrick Smith ignores his board: In the wake of the tragic 2022 school shooting in Uvalde, Texas, Smith announced that Axon would begin developing Taser-equipped drones that could fly into classrooms to incapacitate active shooters.This decision was made unilaterally, bypassing Axon's own independent AI Ethics Board.The board issued a rare, public rebuke of Smith, accusing him of "trading on the tragedy" of school shootings to push a dangerous idea.Consequently, 9 of the 12 ethics board members resigned in protest, citing a total loss of faith in Axon's ability to act responsibly.Smith was forced to publicly back down and pause the project. IN: The CEO Performance award was specifically voted on in 2024 and passed, barely, but it passed: 50.1% yesNintendo Boss to Give Sweeping 10% Salary Raise to Retain EmployeesWhile most of the players in the gaming industry continue to hemorrhage jobs, Nintendo is opting to take a different path. The Kyoto-based gaming giant has recently announced a 10% increase to base salaries for its employees, a move that highlights its commitment to talent retention while everyone else is laying off employees.Nintendo president Shuntaro Furukawa made the announcement during a recent shareholder meeting, emphasising that maintaining competitive compensation is central to the company's strategy. The raise applies to the company's workforce, which has grown to over 8,200 employees, the highest headcount in Nintendo's history.IN: CEO Shuntaro Furukawa's (18%) annual executive compensation at Nintendo generally totals around $2.5MOUT: 63% of shares held by institutional investors. What the hell do these suits know about video games? IN: Of six outside directors, 3 are women (20% average in Japan)IN: Because they literally have questions like this at their annual meeting, in fact it was the first one: “With the release of Splatoon Raiders approaching, how does Nintendo evaluate the previous title, Splatoon 3? Some players experienced communication errors and discrepancies in hit detection in that title. I feel that Nintendo's response to these issues may not have been consistent with “sincerity,” one of the values in the Nintendo DNA.”Copart CEO Jeff Liaw to step down, Jay Adair to returnCEO Jeff Liaw will step down from his position and leave the board of directors effective July 31, 2026.Executive Chairman Jay Adair to resume the CEO role on the same date. Adair previously served as Copart's CEO. Liaw will assist with the transition as Special Advisor to Adair.Liaw has been with the online vehicle auction company for approximately a decade, serving first as CFO, then as President, before becoming the company's third CEO.OUT: Leadership messiness, highlighted by a boomerang CEO and so much more:The board has a Chair (founder Willis Johnson 40%) AND an Executive Chair: Willis' son-in-law and co-founder and boomerang CEO Jay Adair 38%The board also included resigning CEO/former CFO Jeff Liaw and former COO Jim Meeks and former Copart executive Steve CohanIN: a boomerang marks a return to the glory days?former CEO Liaw is actually leaving the boardStock price down 50% over past few yearsOUT: A dumb board for an online car auction company:12 directors5 are former or current executivesOne independent director with an car experience: sort of.Matt Blunt is the president of the American Automobile Policy Council, which represents the public policy interests of Stellantis N.V., Ford Motor Company, and General Motors CompanyServed as the governor of the State of Missouri from 2005 to 2009.Only 2 women.3 directors involved as a private inverter or venture capitalIN: CEO Pay Ratio is 46:1Liaw $2.1MAdair $432k for certain benefits MM1Things We MissedDOL's Replacement ESG Rule Reaches White HouseThe rule isn't interesting in and of itself - it reverts to Trump's prior rule in his first term that basically said ESG (E+S really) is dumb, and that everything must be "pecuniary focused”But the interesting part this time around:Trump also signed an executive order in December 2025 directing the DOL to tighten fiduciary rules governing proxy voting and to increase transparency about plan sponsors' use of proxy advisers. The department issued a technical release in April warning that proxy advisory firms may be subject to ERISA fiduciary standards and that proxy voting is a fiduciary act under the law that must be carried out “for the exclusive purpose of maximizing risk-adjusted return.”From the technical release in April: The Department has long recognized that voting rights and other shareholder rights attributable to shares held by ERISA-governed employee benefit plans are plan assets in their own right. Accordingly, management of those rights is subject to ERISA's fiduciary duties, including the duties of prudence and loyalty. The Department first issued guidance on this topic in the 1980s. For example, a 1988 letter (Avon Letter) noted that “it is the Department's position that the decision as to how proxies should be voted . . . are fiduciary acts of plan asset management.”(2)Proxy advisory firms may also be functional fiduciaries under ERISA section 3(21)(A)(ii) by providing investment advice for a fee to plans with respect to property of that plan.Here's why it's interesting:Defining fiduciaries as those who provide advice for a fee means everyone selling research is a fiduciary if the research is used in an investment decisionThe DOL is squarely defining proxy voting as a fiduciary act - which means that there can be no rational apathy as Mike Levin likes to talk about - if voting your proxies is definitionally your fiduciary duty, you can't defer it or ignore itIf you vote 99% in favor of management, you definitionally are ignoring your fiduciary duty - half of companies will underperform some peer set, meaning they produced fewer returns than peers, in any given year. So you either set the time frame longer (thus forcing the inclusion of long term data like climate and social factors) and say that in any one year it makes sense to vote with management to allow them time to execute strategy, OR you should be voting against nearly half of management proposals for underperformers each year because they are not producing pecuniary returnsGovernance chairs remain under pressure as investor scrutiny rises despite rising support for directors, research showsISS found that the MEDIAN support for directors has hit 98%They found that governance/nom chairs (those are specifically governance/nom committee chairs) had median support of 94.1%Pay chairs had 96.9% supportMM2The Boardroom Buy-InJPMorgan built a pipeline of female CEO candidates that was the envy of Wall Street. How did it fall apart? Are you IN or OUT on this board to find a successor to Dimon?IN or OUT: Nom chair: Gini Rometty (2020)Massively connected - highest betweenness, 82% connected to other directors (highest on board)Ex IBM CEO (retired 2020), IBM lifer (since 1981), Council on Foreign Relations, Business RoundtableCEOs replaced: herself? With Arvind Krishna, who was at IBM for more than 30 yearsIN or OUT: Michele Buck (2025)Newly appointed, ex CEO of Hershey, Hershey for 20 years and Kraft/Nabisco for 17 years prior (two companies, all food), board of NY LifeCEOs replaced: zero (dictatorship at Hershey)IN or OUT: Stephen Burke (2004)Lead Director! 16% influence, 22 year tenureComcast since 1998, Disney/ABC 1986, director at Berkshire HathawayCEOs replaced: zero (dictatorship at NBC/Comcast)IN or OUT: Alex Gorsky (2022)Ex CEO of J&J, Boards of Apple, IBM (!), ex Business RoundtableCEOs replaced: Tim Cook, himself, Gini Rometty (!)Jensen Huang's iconic leather jacket is going up for auction. Are you IN or OUT on “iconic” founder clothes?IN or OUT: Steve Jobs' turtleneck INEnabled by Arthur LevinsonIN or OUT: Zuck hoodie INEnabled by Peter Thiel, Marc AndreessenIN or OUT: Bill Gates' glasses OUTIN or OUT: Elizabeth Holmes' turtleneck OUTIN or OUT: Jack Dorsey's “love” hat OUTIN or OUT: Musk's chainsaw INSub question: if a board member has been on the board as long as the founder, are they iconic?Tench Coxe - 32 years on Nvidia board, only board he's on, buddies with JensenHarvey Jones - 32 years on Nvidia board, only board he's on, buddies with JensenBrooke Seawell (28 years) and Mark Stevens (17 years) - both were with Jensen when Nvidia just made dopey video cards for better video games

Professor William Taubman, guest author, describes how, after the war, McNamara joined the "Whiz Kids" at Ford Motor Company, rising to become president through his mastery of data and safety innovations like seat belts. In 1960, he was recruited by the Kennedy administration, initially resisting the call before accepting the role of Secretary of Defense on the condition that he could manage the Pentagon through meritocracy rather than politics. He became the star of the Kennedy cabinet, so admired that the brothers considered him a potential vice presidential or presidential candidate for 1968. McNamara at War: A New History (3)

Rose Wilder Lane was a newspaper reporter, free-lance writer, political activist, and the daughter of Laura Ingalls Wilder, author of the "Little House" series of popular children's books. In this biography of Henry Ford, Ms. Lane worked directly with Ford to tell his story from his birth to his founding of the Ford Motor Company and his use of modern assembly lines to mass produce his cars. Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Rose Wilder Lane was a newspaper reporter, free-lance writer, political activist, and the daughter of Laura Ingalls Wilder, author of the "Little House" series of popular children's books. In this biography of Henry Ford, Ms. Lane worked directly with Ford to tell his story from his birth to his founding of the Ford Motor Company and his use of modern assembly lines to mass produce his cars. Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Rose Wilder Lane was a newspaper reporter, free-lance writer, political activist, and the daughter of Laura Ingalls Wilder, author of the "Little House" series of popular children's books. In this biography of Henry Ford, Ms. Lane worked directly with Ford to tell his story from his birth to his founding of the Ford Motor Company and his use of modern assembly lines to mass produce his cars. Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Rose Wilder Lane was a newspaper reporter, free-lance writer, political activist, and the daughter of Laura Ingalls Wilder, author of the "Little House" series of popular children's books. In this biography of Henry Ford, Ms. Lane worked directly with Ford to tell his story from his birth to his founding of the Ford Motor Company and his use of modern assembly lines to mass produce his cars. Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Dr. Tyrone A. Holmes is a professional speaker, coach, and content creator who has spent three decades teaching people to build powerful relationships in diverse settings. Why have we seen an increase in workplace incivility? How do you define uncivil behavior? What is the business cost of this incivility? What types of incivility are most common? What steps can leaders take to increase civility in the workplace? How has AI affected engagement in the workplace? Dr. Tyrone A. Holmes Dr. Holmes served as a full-time faculty member at Eastern Michigan University in the Department of Leadership and Counseling and at Wayne State University in the Department of Theoretical and Behavioral Foundations. He is certified as a Level 1 (Advanced) coach through USA Cycling and is a Past President of the Arizona Chapter of the National Speakers Association. Dr. Holmes has worked with hundreds of clients like Ford Motor Company, Volkswagen of America, and Boise Cascade, for example. He has also helped dozens of entrepreneurs build successful coaching, speaking, and consulting businesses. Dr. Holmes has earned the designation of eSpeakers Certified Virtual Presenter, Certified Virtual Host, and most recently, Certified Virtual Master Presenter. Excellent Executive Coaching Podcast If you have enjoyed this episode, subscribe to our podcast on iTunes. We would love for you to leave a review. The EEC podcasts are sponsored by MKB Excellent Executive Coaching, which helps you get from where you are to where you want to be with customized leadership and coaching development programs. MKB Excellent Executive Coaching offers leadership development programs to generate action, learning, and change that is aligned with your authentic self and values. Transform your dreams into reality and invest in yourself by scheduling a discovery session with Dr. Katrina Burrus, MCC, to reach your goals. Your host is Dr. Katrina Burrus, MCC, founder and general manager of Excellent Executive Coaching, a company that specializes in leadership development.

Over the past two days the U.S. Supreme Court has made some stunning decisions and we'll cover both of those first. This is the Business News Headlines for Tuesday and the final day of June 2026. Thanks for being with us. In other news, Comcast is splitting things up. The Ford Motor Company is recalling over 700,000 vehicles and we'll share why.  So how are consumers feeling about the U.S. economy?  We'll share. Puerto Rico is offered a 3 billion dollar settlement and it's about their electrical grid. We'll check the numbers in The Wall Street Report and Anthropic has rolled out a newer less expensive AI bit of magic.  Thanks for listening! The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on  PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon Central on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour...and on Threads @Insight_On_Business.

Consulting services: https://missingpersonsconsulting.com/ Richard Roy Yerex was a 56 year old from North Palm Beach, FL. He had 18,000 flying hours and had worked for Ford Motor Company. On May 27, 1987, Richard took off from the Palm Beach airport in a Cessna 402 to pick up passengers in the Bahamas. Richard never arrived. He and the plane were never seen again.   Charley Project: https://charleyproject.org/case/richard-yerex NAMUS: https://www.namus.gov/MissingPersons/Case#/19481?nav Website: If you have any information concerning the disappearance of Richard Yerex, please contact the Palm Beach Conty Sheriff's Office at (561) 688-4151. Join this channel to get access to perks: https://www.youtube.com/channel/UCz4bh2ppqACeF7BdKw_93eA/join --Unfound plays on Spotify, iTunes, Stitcher, Instagram, Twitter, Podbean, Deezer, Google Play and many other podcast platforms. --on Monday nights at 9pm ET, please join us on the Unfound Podcast Channel for the Unfound Live Show. All of you can talk with me and I can answer your questions. --Contribute to Unfound at Patreon.com/unfoundpodcast. You can also contribute at Paypal: paypal.me/unfoundpodcast --email address: unfoundpodcast@gmail.com --the website: https://theunfoundpodcast.com/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Scott Monty, leadership advisor, communication strategist, keynote speaker, storyteller, and host of the Timeless Leadership podcast, joins me on this episode. Scott is the former Global Head of Social Media and Digital Communications at Ford Motor Company, where he helped lead some of the most groundbreaking digital communication and marketing initiatives of the early social media era. He has advised organizations including Ford, IBM, Walmart, Google, and Reebok, and has been recognized by The Economist as one of the world's leading social business thinkers. In this conversation, Scott shares lessons from his career journey, insights from working alongside legendary Ford CEO Alan Mulally, and why timeless leadership principles such as humility, reflection, communication, and servant leadership are more important than ever.

DOCKET ALERTS: Maryland became the ninth state to beat back a lawsuit from the DOJ's Civil Division seeking to seize its full, unredacted voter rolls.   In Massachusetts, a judge allowed states to proceed with a lawsuit to block an executive order requiring DHS to maintain a master list of voters and barring USPS from delivering mail-in ballots from anyone on the list.    DOOFUS OF THE DAY: Sixth Circuit Judge Amul Thapar, who was featured in a Bloomberg Law story about judges embarrassing themselves by trying to get nominated for SCOTUS if/when Justice Alito announces his retirement in July. Thapar, who is 56, started a Substack to talk about how his fitness regimen means he's really only 43.   MAIN SHOW:   In Minnesota, Chief Judge Patrick Schiltz quashed DOJ subpoenas for Gov. Tim Walz, Minneapolis Mayor Jacob Frey, AG Keith Ellison, and several other state officials. The court held that the subpoenas were plainly levied for an improper purpose, namely to punish state officials for refusing to cooperate with Trump's immigration raids. That's a violation of the Tenth Amendment.   Also in Minnesota, charges were dropped against yet another protester from the winter immigration surge into the Twin Cities. ICE/CBP conduct here was egregious, and the US Attorney claims to be investigating.   Since the satirical newspaper The Onion is planning to launch an InfoWars parody on July 2, we revisit all of the bankruptcy court shenanigans to date and talk about what might happen next in court.   Finally, we check in on the Trump insurrectionist slush fund and the administration's continued refusal to actually promise in court, under oath, that it won't resurrect the idea. In the Eastern District of Virginia, the administration simply refused to file declarations ordered by the presiding judge. And in the original lawsuit Trump filed against the IRS in Florida, 35 eminent judges filed their reply brief urging the judge to reopen the case and inspect the settlement.   In the Subscriber Bonus, we break down a lawsuit filed by the Ford Motor Company against a law firm in California that has an… aggressive approach to trying to get its attorneys' fees reimbursed for representing consumers who get their cars replaced under the state's "Lemon Law."   US v. DeMarinis [Maryland voter rolls] https://www.courtlistener.com/docket/71980724/united-states-v-demarinis/   League of Women Voters v. Trump [Mail-in ballot EO] https://www.courtlistener.com/docket/73133197/league-of-women-voters-of-massachusetts-v-trump/   In re Subpoenas [MN subpoenas quashed] https://www.courtlistener.com/docket/73512670/in-re-subpoenas/   US v. Johnson [MN protester, charges dropped] https://www.courtlistener.com/docket/72200628/united-states-v-johnson/   Judges Jockey for Potential Trump Supreme Court Appointment https://news.bloomberglaw.com/us-law-week/judges-jockey-for-potential-trump-supreme-court-appointment   Floyd v. DOJ [lawsuit challenging Slush Fund; docket via CourtListener] https://www.courtlistener.com/docket/73383692/floyd-v-department-of-justice/   Trump v. IRS [docket via CourtListener] https://www.courtlistener.com/docket/72040010/trump-v-british-broadcasting-corporation/?order_by=desc   Ford Motor Company v. Quill & Arrow LLP [fee-shifting in Lemon Law cases; docket via CourtListener] https://www.courtlistener.com/docket/73503023/ford-motor-company-v-quill-arrow-llp/ Show Links: https://www.lawandchaospod.com/ BlueSky: @LawAndChaosPod Threads: @LawAndChaosPod Twitter: @LawAndChaosPod  

Brian Dukes is the Co-founder and Managing Partner at Exitwise, an M&A advisory platform that helps business founders prepare for and execute high‑value exits by assembling tailored advisory teams and guiding owners through complex sale processes. With over 20 years of operational and transaction experience, he began his career at a Big Five accounting firm. Later, Brian co‑founded Shift Digital through a joint venture with Ford Motor Company. Today, he leverages his deep industry insight to help entrepreneurs increase enterprise value and achieve transformative outcomes at exit.  In this episode… Every business owner dreams of a successful exit, but how many truly understand what it takes to get there? Selling a business isn't just about finding a buyer — it's about preparation, timing, and foresight. What separates a profitable, smooth transition from a missed opportunity?      Brian Dukes, an expert in mergers and acquisitions and exit planning, explains that early and structured preparation is key to closing the value gap. Organizing financials, understanding customer relationships, and building strong leadership teams are essential steps for a successful exit. Brian also notes that founders often underestimate the emotional and strategic aspects of the process. By taking deliberate steps now, business owners can increase valuation, reduce surprises, and achieve a more controlled transition. In this episode of Owner's Profit Playbook, Pat Mancuso sits down with Brian Dukes, Co-founder and Managing Partner at Exitwise, to discuss why preparation is crucial for a successful exit. Brian shares how to identify blind spots, increase enterprise value, and navigate buyer expectations. He also touches on timing, team dynamics, and forecasting strategies that protect value and ensure smoother transactions.

Ted Ryan, Archives & Heritage Brand ManagerFord Motor Company The year marked the 60th anniversary of Ford’s historic 1-2-3 sweep over Ferrari at the 1966 24 Hours of Le Mans. 24 Hours of Le Mans 2026 was this past weekend in France. Ted was there with a cool exhibit commemorating the event. See omnystudio.com/listener for privacy information.

June 17, 2026 ~ Nick Ford, Director of Corporate Strategy at Ford Motor Company and Tim Clark, NASCAR EVP & Chief Brand Officer discusses Ford, NASCAR + Zac Brown Band to honor military families aboard USS Midway. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

June 16, 1903. Henry Ford incorporates the Ford Motor Company, marking the beginning of one of the world's most influential automobile manufacturers. This episode originally aired in 2023. Support the show! Join Into History for ad-free listening and more. History Daily is a co-production of Airship and Noiser.Go to HistoryDaily.com for more history, daily.

Let us, as Americans, be humble, kind, considerate, and respectful of one another, and of others. Regardless of conditions or circumstances, we can choose “uncompromising integrity” (tummah). Today is the first day of Muharram,[1] the first month in the Islamic calendar, “a time of mourning and peace,”[1:1] “in which fighting has been forbidden since before the advent of Islam”.[2] However, let us not be naive in believing that Machiavellians in our midst are equally as reverent and wouldn’t sieze the ‘opportunity of crisis’ to use the Kitson counter-gang within the Gladio archipelago to provoke a Strategy of Tension episode. May we choose to maintain our own “uncompromising integrity”, regardless of provocations, conditions, circumstances, or what others choose that may be contrary. What, but good, can come of that…? Links Videos / Clips [x] = Played Let That Stuff Go! | Pastor Voddie Baucham – YouTube [x] [34:59–54:58] [x] (bumper music) Zach Williams – There Was Jesus (Lyrics) | 1 Hour – YouTube Gotye – Somebody That I Used To Know (feat. Kimbra) [Official Music Video] – YouTube Headlines [x] = Mentioned / Discussed [x] Trump-linked crypto company applies for federal banking charter – POLITICO [x] From ‘human cockfighting' to the White House lawn: the stratospheric rise of the UFC's Dana White | UFC | The Guardian The Rest [x] = Mentioned / Discussed [x] Ashura – Wikipedia Strong’s Hebrew: 631. אָסַר (asar) – To bind, imprison, tie, restrain H631 – ‘āsar – Strong’s Hebrew Lexicon (KJV) [x] Strong’s Hebrew: 8538. תֻּמַּת (tummah) – innocence, integrity [x] H8538 – tummâ – Strong’s Hebrew Lexicon (NASB95) [x] Job 27 (NASB95) – Far be it from me [x] Job 31 (NASB95) – Let Him weigh me with [x] Proverbs 3 (KJV) – Trust in the LORD with [x] Proverbs 3 (NASB95) – Trust in the LORD with NASB95 Search Results for “asherah” Deuteronomy 16 (NASB95) – You shall not plant for H842 – ‘ăšērâ – Strong’s Hebrew Lexicon (NASB95) Asherah – Wikipedia Who Is Asherah in the Bible? [x] Shadrach, Meshach, and Abednego – Wikipedia [x] Daniel 3:16-28 KJV – Shadrach, Meshach, and Abednego, – Bible Gateway [x] NASB95 Search Results for “follow” AND “me” [x] John 21 (NASB95) – Jesus *said to him, If [x] Romans 5 (NASB95) – For while we were still [x] Inferno (Dante) – Wikipedia [x] Hebrews 2:18 Because He Himself suffered when He was tempted, He is able to help those who are being tempted. [x] 1 Corinthians 13 (NASB95) – If I speak with the [x] COVID-19: Full Circle – Road Warrior Radio On This Day Events June 2026 Calendar of Public Holidays | Office Holidays Worldwide Public Holidays Tuesday June 16th 2026 | Office Holidays Holidays and Observances in the United States in 2026 What day is it today? Important events every day ad-free | United States OTD On This Day – What Happened on June 16 Today in History: June 16, Valentina Tereshkova becomes first woman in space | AP News What Happened on June 16 – On This Day What Happened on June 16 | HISTORY June 16 – Wikipedia What Happened On June 16 In History? 16 | June | 2020 | Executed Today Holidays Muharram[1:2] (Muslim) Historical Events 2015 – Donald Trump launched his successful campaign for the presidency of the United States with a speech at Trump Tower in Manhattan, after descending an escalator, just as The Simpsons had foreshadowed. 2000 – Israel complies with UN Security Council Resolution 425 after 22 years, which calls on Israel to completely withdraw from Lebanon. Israel withdraws from all of Lebanon, except the disputed Shebaa Farms. 1904 – Bloomsday, the date of the fictional events in James Joyce’s novel Ulysses and annual Irish holiday 1903 – Ford Motor Company was incorporated in Detroit, Michigan. 1902 – Theosophist, L. Frank Baum’s The Wizard of Oz musical first opens in Chicago, Illinois 1858 – Accepting the Illinois Republican Party's nomination for the U.S. Senate, Abraham Lincoln said the issue of slavery in the United States had to be resolved, declaring, “a house divided against itself cannot stand.” Births 1971 – Tupac Shakur, American rapper, producer, actor (died 1996) 1890 – Stan Laurel, English actor, comedian (died 1965) 1882 – Mohammad Mosaddegh, Iranian politician, 60th Prime Minister of Iran (died 1967) 1829 – Geronimo, Apache leader and medicine man (died 1909) 1723 – Adam Smith, Scottish philosopher, economist (died 1790) Deaths 1977 – Wernher von Braun, German physicist, engineer (born 1912) 1959 – George Reeves (born 1914) Footnotes Muharram 2026 in the US https://www.timeanddate.com/holidays/us/muharram-new-year Many Muslims in countries such as the United States observe the start of the Islamic New Year on the first day of Muharram, which is the first month in the Islamic calendar. The Day of Ashura (or Ashurah) is known as the most sacred day in the month of Muharram. It is the 10th day of Muharram and is a day of fasting for many Sunni Muslims. Many Shi'a Muslims use the day to commemorate the martyrdom of Husayn ibn Ali in 680 CE. Some Muslims give to charity on this day. … Muharram is the first month in the Islamic year and a time of mourning and peace. It is forbidden for Muslims to fight during this month. ︎ ︎ ︎ Ashura – Wikipedia https://en.wikipedia.org/w/index.php?title=Ashura&oldid=1359661117 Etymology In Arabic, Ashura refers to the tenth day of Muharram, the first month of the Islamic calendar, a month in which fighting has been forbidden since before the advent of Islam. ︎

SUMMARY In this episode, we dive deep into the newly released financial performance details from Ford Motor Company's Q1 2026 earnings call. The discussion centers on the legacy automaker's ongoing transition toward electrification, detailing their latest production strategies, capital allocations, and vehicle manufacturing updates. We break down the technical article updates and analyze what these profit margins and battery engineering adjustments mean for the future of their EV lineup, including popular models like the Model Y competitors and upcoming consumer trucks. Additionally, we look at market trends, solid-state battery engineering timelines, and how automotive industry dynamics are shifting as legacy tech mixes with next-gen software-driven fleets. Whether you are an EV enthusiast or tracking the broader automotive stock market, this episode offers a comprehensive blueprint of Ford's current trajectory. Support the Show https://www.supportkilowatt.com/ Other Podcasts: Beyond the Post YouTube (https://www.youtube.com/@beyondthepostfm) Beyond the Post Podcast (https://www.beyondthepost.fm/) Shuffle Playlist (https://shows.acast.com/shuffle-playlist) 918Digital Website (https://www.918digital.com/) News Links: Ford Motor Company Q1 2026 Earnings Call Registration *Show Art Created By Gemini Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Retired Kansas City Police Intelligence Unit detective Gary Jenkins sits down with former criminal and prison minister Bill Corum for one of the most unusual conversations ever featured on Gangland Wire. Bill Corum recounts his journey from car theft and prison escapes in the early 1960s to his deep involvement in Kansas City's criminal underworld in the 1970s and early 1980s. He describes his work around pornography, prostitution, stolen property, cocaine trafficking, and his connections to notorious Kansas City underworld figures. Gary and Bill discuss legendary Kansas City mob fence Sol Landi and his murder by assassins sent by the mob, the River Quay era, Junior Bradley, corrupt influences in local politics and the courts, and the explosive cocaine culture that swept through Kansas City during the 1980s. Bill also shares stories involving Weld Wheels founder Kenny Weld, cocaine trafficking operations, and the dangerous atmosphere surrounding organized crime in Kansas City. The conversation dives into: Bill's prison escape and stolen car career The prostitution business in Independence, Missouri Mob-connected fences and stolen property rings Cocaine trafficking in Kansas City during the early 1980s The murder of Saul Landy River Quay nightlife and mob influence Corrupt officials and criminal networks Kansas City organized crime personalities Prison life and criminal culture Bill Corum's dramatic religious conversion in 1983 His decades-long prison ministry work across America Bill also explains how he transformed his life after addiction, violence, and years in the criminal world, eventually dedicating his life to prison outreach and ministry programs throughout the United States. You can learn more about Bill Corum and his book at either The Ultimate Pardon or Bill Corum Official Website If you're interested in true crime, mafia history, and real law enforcement stories, this is an episode you don't want to miss. Subscribe for more mafia history and true crime stories every week. Hit me up on Venmo for a cup of coffee or a shot and a beer @ganglandwire Click here to “buy me a cup of coffee” Subscribe to the website for weekly notifications about updates and other Mob information. To go to the store or make a donation or rent Ballot Theft: Burglary, Murder, Coverup, click here To rent ‘Brothers against Brothers’ or ‘Gangland Wire,’ the documentaries click here.  To purchase one of my books, click here. [00:00:00] hey, all you wiretappers. Gary Jenkins here, retired Kansas City police detective in the intelligence unit. Turned podcaster and author and documentary filmmaker. If you want to see any of my stuff, go to my website and look in the show notes or look in the I think the donate page. Of course, if you’re in the donate page, you might want to hit the donate button. We always use a little, can use a little support. And I have a guy that I’d heard of and I’d seen on YouTube and I have mu- we have mutual friends, but I had never actually met him. And I, so I g- I… Some people he knows asked me to be on their show. And so I was on their show, and Bill was on that show at the same time. So we started talking. We had lunch and we had all these… We were running in the same circles, but separate circles that then overlapped every once in a while. He was on one side of the law and I was on the other. So Bill Corum. Welcome, Bill. Thank you, Gary. Thank you so much. And we were running in opposite… We were running real close- … but I was careful. When [00:01:00] I got out of prison, it- You were. When I got out of prison in 1964, I had two goals. Yeah. Never go back, and never get caught. And I started breaking the law the day I got out of prison, and I broke the law for almost 19 years and didn’t get caught. I got caught a couple times at little things, and I got… I hired a high-powered criminal attorney that came out of Alex Peebles’ office who’s now a judge. I won’t even mention his name. He’s now a judge. I think I told you who it was. But and Alex got me out of a couple deals way back when. But little things. And I was still, doing everything. And I went for almost 19 years and didn’t get caught. Unlike many of my friends, I’ve been in prison ministry for 40 years now, and I run around with a lot of guys that did a lot of time. 25 years, 40 years. Li- they had double life without parole, now they’re out But I never got caught. Yeah. And I was speaking at a women’s prison just recently, and I was talking to the women, and I was telling that story, and I said, “I got out and I [00:02:00] went for 19 years.” She said, “You must have been awful smart.” I said I wa- I wasn’t too smart or I wouldn’t have been doing that stuff.” But I did know ways and one thing was ’cause I didn’t talk to people. I didn’t have a lot of… Kinda like the trench coat robbers. They robbed banks for 15 years- Yeah … and never got caught because they didn’t email, text, phone calls, none of that. Yeah. They would, they would- And they moved away too. Oh, yeah. Kinda moved away from their home territory, so they- Yeah y- they weren’t having their buddies come up to them say, “Hey, what are you doing? Where you been?” “I haven’t seen you for a while.” And then they turn around and tell some cop that they know, “Hey, I can’t remember the guy’s name now. Billy Kirkpatrick. Billy Kirkpatrick. He’s been out of town. He just got back.” And, you know- Yeah … then they put… Suddenly they get this notice about these bank robbers somewhere else. They… He didn’t do that. He stayed- … out of town. So Bill, let’s- No, that was me. Go ahead. Go, let’s go back and start you from the beginning. Introduce to who you are to my guys, ’cause they don’t know you. I didn’t know you, ’cause you were such a low profile in this world. You said you got out of prison. Why don’t we [00:03:00] start with that? Where, what were you in the joint for originally? I was originally in there for Dyer Act, which is, in the feds, that’s interstate transportation- Yeah of stolen motor vehicles. I was in the Marine Corps. I went AWOL. I got caught. I went back. I got back AWOL again. I went back. They put me on restrictions, said I couldn’t leave the base. I was at that point in my life where nobody could tell me what to do. And so I’s “I’m leaving the base,” and I left and I think I stole 10, 12 cars while I was out. And then I got put in the… When I got back the next time, they put me in the brig, and I escaped from the brig. And and I stole a car off the base back in tho- in the ’60s, early ’60s, ’62, 3. People left their keys in their car. Yeah. And I went out. I was in the parachute locker painting. When the guard came in to check on me, I hit him in the back of the head with a full bucket of paint, a full gallon of paint, and I went out the window and I got a car, and I actually had a guy with me. He said, “I’m going with you.” And so we got in the car, and when we got to [00:04:00] the gate, I said, “Now, if that guard steps out at the gate, I’m running over him.” And he’s “No, don’t do…” I said “Just shut up. I’m running over him.” And I got to the gate, and the guard stepped out and saluted me. And I’m like, “What in the world?” I drove into town, run out of gas, Gary. Got out and stole… I don’t know how I remember this. I stole a ’62 maroon Bonneville. And when I was walking away from the car, my buddy looked back and started laughing. I said, “What are you laughing about?” He said, “I see why they saluted us. That car had a colonel sticker on the bumper.” So then I stole that car, that Bonneville, drove into Mississippi. Because I always ask guys in prisons, “How many of you know when you escape from prison you need some different clothes?” Yeah. So I drove into a little town called Leland, Mississippi, and I was breaking in a clothing store to get me some clothes. It was 11:00 at night, and I looked down, I was climbing up on some boxes to get to the roof to go in the skylight, ’cause they had analog alarms, they were easy to beat. [00:05:00] And I looked down and I saw a flashlight coming down the alley. So I dropped down, ran the other way, and I turned the corner and ran into the biggest, fattest Mississippi sheriff you ever seen. And he had a gun, he had a gun about this long. And he stuck it right here, and he goes, “Where are you going, boy?” And I said, “With you, sir.” That’s what I said. And that was the end of the Marine Corps. So now I’ve taken a car across the state line, and the feds step in. And I went to… I got a six-year sentence. I got what they call a zip six. And back then, before ’86, now in ’86 they passed it to 85%. Yeah. But prior to 80- prior to ’86, you could get out of the feds at one-third of your sentence. And so I got this six-year sentence. I got out in two years, and when I got out, I said, “I’m never getting caught again. I’m never going back to prison.” And I went for ni- and I just started right then. And everything from then on was like, I got involved with pornography. I was promoting [00:06:00] pornography and prostitution. There’s a story in my book about me being a… I was a bodyguard and a chauffeur for a lady that had a cat house over in Independence. You know where Inglewood was in Independence? And guys- You know where- … In- Independence is a suburb of Kansas City, but it’s like whole, decently large city for a suburb- Yeah … but it’s connected to it. Yeah. That’s where Harry Truman was from- That’s right … and retired back to. Yeah. So y- you were over there probably on the east side of Independence. Inglewood’s kinda closer to Kansas City, over there- Yes … by Dogpatch, in what we call Dogpatch. That’s- The- … kinda totally lawless area. And so there was a guy there that I was friends with that had a record store. He was the first guy in Kan- his name was Tony Marino. He’s in my book. He’s dead now. He was the first guy ever in Kansas City to sell paraphernalia in a record store. And he was making 25,000 a month- Wow … back in the… Yeah, when it started. That was a lot of money. And he, right next to him was a [00:07:00] store, it’s still there. I go by it all the time, ’cause we eat at the Englewood Cafe all the time. It’s the only one on that little s- first strip there that’s got steps going up. And a lady up there had a cathouse for 12 years, prostitutes. And her main customers were executives from Ford Motor Company- … from General Motors, and from Hallmark Cards. And the reason, Gary, was because she knew if she had executives, they weren’t gonna talk. Yeah. And she had beautiful women. She didn’t have ladies like up on Main and Troost and Prospect. Yeah. The- these women had all their teeth, and they were- … and they were good-looking. Yeah. And so the first guy, a- actually, who got me the job was Sal Rello, that o- that owned he owned that deluxe deli down on 430, where the Erotic City is now. Oh, yeah. He owned that- Yeah … he owned that bar. Heard about him, yeah. And I told him for years, I said, “You need to open an adult bookstore here,” because Gary, he was the only bar in Kansas City, the only bar [00:08:00] in Kansas City that was open on Election Day. You know why? ‘Cause he was in the county. He was in the county. He wasn’t in- Wasn’t in the city, yeah … he wasn’t in the city. And he was open on Election Day. And I told him, I said, “Man, if you’d open an adult bookstore, you could make a lot of money.” He never did, of course. Yeah. And then they put Erotic City in there, and it went good for a few years and stuff, yeah. But so he’s the one that told me about her. I went to interview with her, and she said, “I just have one question. Do you carry a gun?” I said, “No, ma’am, I carry two guns.” And she said, “You’re hired.” And so G- Gary, I picked her up every day on the Plaza. She lived in a $2,000 a month apartment on the Plaza in 1976. Yeah. That was a lot of money. That’s five today. And, yeah, and I took her to get her facial every Tuesday. I took her to the beauty shop every Thursday, and read about her in my book. She was 80 years old. The name of that chapter in my book is 80-Year-Old Hooker. She was 80, 80 years old, and she [00:09:00] ran it like a business. I had, I, she opened at 9:00 in the morning and closed at 5:00 at night, and ran it just five days a week, just like a business. And I wouldn’t be surprised she didn’t pay taxes. She was legit, man. Yeah. And I knew you can’t operate something like that for 12 years in Independence, Missouri, and not have the police know about it. No, they knew about it. Oh, yeah. It’s that upper echelon, they were, they just steered people away from each other. Oh, yeah. Don’t worry about that. Oh, yeah. That’s right. So that was- So Bill, y- you, you moved from that- Into the drug business now, how did you, how’d you even get started in that? Where like 1960s, ’60, by the late ’60s, drugs are starting to, become more popular and there becomes a real market for it that’s among- Yeah a much larger constituency than ever before. So now, how did you- I re- … move into that? I, oh, I really, for years and years, Gary, years, I didn’t have a partner [00:10:00] because I knew if I had to run, I didn’t want somebody… I didn’t know if my partner would tell on me, so I did everything by myself. I did one thing one time and I had to have a partner, and I stole a computer out of a crane at General Motors down in Leeds. And I, and my fence, the chapter in my book, They Killed My Fence, that was Saul Andy. Yeah. And when Saul got killed, like they killed my fence, because anything I took to Saul, he’d buy it. Didn’t matter if it was guns or it didn’t matter what it was. And I didn’t never keep anything except cash. If I had money, I’d keep it, but I’d never keep anything. I didn’t keep diamond rings or… I got rid of all that stuff, ’cause I never wanted anything to be able to identify me and tie me to a crime. And Saul, when he got killed, of course, then I started dealing with another guy. But Saul was taking all that and selling it to Junior Bradley, most of it, the stuff that Junior- And, and- … would be interested in. And guys- But, J- Junior Bradley, I gotta explain who Junior Bradley was. Junior Bradley was the mob fence in Kansas City. He was probably the biggest fence in Kansas City I got a [00:11:00] feeling. He, and what he started doing was trading Dilaudid especially for stolen property, and he had a little deli right across from police headquarters and City Hall, and everybody knew Junior. Everybody loved Junior. Everybody liked Junior. He’s always doing favors for people. If you went in the penitentiary, you’d go talk to Junior and say, “Okay, what, what’s gonna happen when I get here? Can you help me out?” And he’ll say, “I’ll make some calls.” Or I, we had, we overheard him on a wiretap once saying- a, a father called him and said, my son’s got to report up here to Leavenworth to the camp.” He said, “Okay, I’ll take care of it. I’ll be somebody there to meet him there.” And I’ve had many other reports but Junior was the main mob fence. So go ahead- Yeah … and we’ll talk what you were dealing with- Yeah Junior Bradley. Yeah be- let’s back up. So you asked me about how I got into drugs. So all those years when I was married, I didn’t drink and I didn’t do drugs. I thought if you did dope, you were a d- I thought that’s why they call it dope, ’cause you were a dope if you did it. Yeah. So I didn’t do it, and I didn’t drink because I knew I had to always be able to think and make [00:12:00] decisions and… ‘Cause I cheated on my wife every day for 10 years, and I did crime every day for 10 years, and she never knew it till I wrote this book. And I gave her the first book actually. And so- When I got divorced and started smoking pot and doing stuff, hanging out with those people, and I started smoking weed, then the first time I bought an ounce of weed it was 40 bucks. And I’m like, “Okay, how much is how much is more if you buy more? You can buy a half pound for this or you can buy…” So I said then I’ll… Give me a half a pound and I’m gonna sell,” yeah. So I started buying pounds and selling ounces, and man, all of a sudden I’m, now I’m smoking free and I’m making some money. Yeah. And then I started sell- And by the time I ended, even when I was selling cocaine, I was selling 100 pounds of pot a week. I had one guy that would buy 100 pounds of pot from me every week. Yeah. And I’d just take him 100 pounds and he’d just bring my… Every day he’d stop by my house [00:13:00] with sacks of money, and that was, the way I got started in the drug world then. And everything. It was from pot, it was, meth. We called it crank back then, not meth. And then I never did get real addicted to crank, but I got real addicted to cocaine. And of course, I was doing a drug class the other day. I teach a drug class, my wife and I, addictions class at our church. And I said, when I started, I was only gonna sell it and not do it.” And because one guy said I was only gonna do it and never sell it.” And I said, “No, not me. I was gonna sell it and never do it.” But that didn’t last very long. And once you start doing it you’re in there, and, Yeah, really … and then, when I got arrested September 5th of ’82 the guy that I beat up I put 100 stitches in the back of his head with a ball bat, and it was in an active enforcement really. But he turned states. He’s the one, when Kenny… You remember Kenny Weld? I remember the name. Was you still on the force when Kenny got busted in ’83? [00:14:00] Yeah. ’80- Yeah, I would’ve been. Okay. So- I have some vague memory, I don’t remember the, all the details. At the time it was the biggest drug bust, it was the biggest just drug bust in, I know in Kansas City, maybe. They caught him out there in Blue Springs with 29 pounds of cocaine, and we were selling- Yeah … cocaine to the people that were selling cocaine to Kenny. And so the guy that I beat up gave a 20-page, which is like reading a book, 20 typewritten pages. Yeah. 20 typewritten pages, and he named every name involved in the circle that he knew, and that implicated us as being some of the leading cocaine dealers in Kansas City. Yeah. Now, when I go speak in churches and a pastor gets up and says, “Folks, today we’ve got the biggest cocaine dealer that ever lived.” I get up and say, “You know what? I don’t mean to correct your pastor.” But I was implicated as being one of the leading cocaine- I was not the leading cocaine dealer. There was a lot of people bigger than me. But that’s that’s how it all started and [00:15:00] of course my case, I never did… the drugs never came in. The lawyers that I had, because when I got busted it was on a Sunday, and that’s part of my story. I always ask inmates, “How many of you have been arrested on a weekend?” And every hand goes up. Yeah. And I say, and then I say, “What happens when you get arrested on a weekend?” They all yell, “Nothing.” ‘Cause you’re not going anywhere till Monday morning, at the very least. I got arrested 2:00 Sunday afternoon. By that time, Gary, I had three goals. When I was about 30, I got nicknamed by one of the key mafia figures Crazy Bill, ’cause I did some crazy things. Like I ran through a bar. You know where the old Club Royal was on Main? Oh yeah. There was a bar right ac- I’ve drunk there many times. Okay. There was a bar across the street that I had a girlfriend working in, and we got in a fight, and I was gonna cut the bar in half with a chainsaw. And I had my buddy drop me at the back parking lot. I fired the chainsaw up, I opened the door, and when the door… When I stepped inside, the door [00:16:00] closed with the closer, and the dar- the bar was totally dark. It was not a bar where you could even buy a bag of potato chips. It was strictly alcohol. And when you get- Yeah … in a bar like that, they’re dark. And that door shut, and I thought, “I’m gonna bend over and start cutting this bar, and somebody just shoot me in the back.” So I just wa- I just walked through the bar with the chainsaw running and went out the front door, and Kenny picked me up in the front, and off we went. And so because of that, I got nicknamed Crazy Bill. Yeah. By 30 years old, I had three goals: money, power, and influence. Now, I told you as we were selling a lot of cocaine. So I stayed in $500 a night hotels. I ride in limousines. I bought $20,000 worth of cocaine for a one-night party. So I had money, and I had enough power to make a phone call and have somebody killed, so I had power. And I had enough influence that when I got arrested Sunday afternoon, now I love telling this to a police officer. I was on a show in Texas with a cop, and we called it the Con and the Cop. [00:17:00] But I love telling this story. I got arrested September 5th. 2:00, 2:00 PM is when they booked us into the jail, and I made a phone call back to Kansas City to somebody who was in politics, and I said, “You know who to call.” And that person called the judge we were selling cocaine to. And I ask this question in prisons, “How many of you know when you’re selling cocaine to a judge, he don’t want you in jail?” And I walked out of that jail, Gary, at 1:30 Monday morning. Wow. I got arrest- less than 12 hours after I got arrested on a weekend. And when I walked out of that jail, I said, “Bill Corum, you’ve arrived. You got money.” “You got power, and you got influence.” But the one thing I didn’t have was peace. Yeah. I didn’t have any peace, man. No peace. Yeah. If I was in a restaurant eating and a cop walked in, I’d put money on the table and go out the door. If I saw a UPS driver, I got nervous ’cause he had a uniform on. I didn’t have any peace. And then after I became a Christian, I was reading in the Bible [00:18:00] one day, and it said, “A wicked man runs when no one’s chasing him.” And I went, “Oh my gosh, I left a lot of steak dinners sitting on the table.” And wasn’t anybody chasing you. Nobody. That cop didn’t even know I was in there. He probably didn’t even know who I was. Really? He just come in… He just came in there to eat, and I thought he was after me. So Bill, I always like to go into the, the nuts and bolts of some of these things. And we kinda left one thing hanging, is the Saul Landy story. Now guys, Saul Landy was a big sports bettor. And Saul Landy had a, wasn’t it a metal- Square Deal Junk- Square Deal Junkyard. Square… He had a junkyard. Square Deal. He bought a lot of scrap metal and dealt in scrap metal, but he also would buy most anything from, from- Yeah … thieves, from boosters- Yeah … and burglars and people like that. That’s where Bill met him. But he’s a huge sports gambler, and they thought he might testify against our boss, Nick Civella, because he had been allowed to bet down at The Trap, down with Frankie Tusa, who was the underling [00:19:00] that handled all the sports gambling for Nick Civella. Isn’t that right? Isn’t that the way that went down? Oh, yeah, and Bobby Maroon was running The Trap at the time. And- yeah … so do you remember the guy that, that paid for his murder? Remember that guy, Johnny Franks, Johnny Frank Avella? That’s what they said, yep. Yeah. Yep. He had, he had- That’s what they said. He had some connections. But he got… But Johnny Franks got the order from somebody else. Yeah. Yeah … the bug, the buck stopped with Johnny Franks now, didn’t it? Yes. ‘Cause he hired another guy, who then he hired a Black guy, which was- That’s right … truly unusual. Who then- That’s right … hired a couple of young Black street kids and that was even more unusual, and they killed this Saul Landy and his wife. So they keep a f- And then they sang and then they sang like The Temptations. Exactly, yeah. That, and that’s that w- some claim that Johnny Franks did that just on his own, trying to impress Nick Civella. Some people say that somebody else told him to do it. I don’t… It never, he never talked, so it never came about. Yeah. [00:20:00] Did you ever hear anything about that? I never heard anything except what you just said, that he- Okay … he never talked, and Nick, Nick never got convicted. He never- Yeah … but here’s the thing that, what you said. The guys that they hired to do it, because back in those days as y- you’d go to… i’d go to the electric chair before somebody, before I’d tell on somebody. Yeah. I’m not gonna tell on anybody. Go ahead and put me in the gas chamber, I’m not telling on nobody. But those guys would, they’d sing like The Temptations. They weren’t gonna, they- Yeah … they wouldn’t- Those street kids If they offered them a day in jail, they wouldn’t take it. If you’ll tell us, we won’t, we’re only gonna put you in jail for a week if you’ll tell. Yeah. They wouldn’t tell. So how did that work with you and Saul Landy? You weren’t a sports bettor you didn’t have anything to do with that. You were a thief. Yeah, and I don’t know- And- I honestly, you know what? Gary, I don’t remember who even told me to go to Saul with stolen merchandise, ’cause I was hitting a lot of construction jobs back then. [00:21:00] Ah. I worked construction, and I was in the union, and I was stealing off these jobs all the time. Big- Ah, yeah … big amounts of stuff. Like they’d start a brand-new job, and they’d have all brand-new tools, and I’d go over there and take everything they had. And then I’d take it all to Saul. And matter of fact, one time I did a job over in, it was a eight-story high-rise over in Kansas City, Kansas, down around Argentine, in the Argentine area. And I was on the job, I was working on the job, and we just started. And we had all this trailer, a whole trailer load of tools. And I went over and got all the tools, and the last thing I took out was the cutting torch. I cut the lock off the door, ’cause I had a key to get in. And so when I got to work the next morning, I had everything in my truck. I had a tonneau cover over my truck and had all these tools in the back of my truck, and parked in the parking lot. I got there and I called Johnny Myers, who was running the job, and Johnny’s been dead for years. I said, “Hey, Johnny, somebody hit our job last night.” He’s “What?” I said, “Yeah, they cut the lock off. They got everything.” [00:22:00] And he said call the police and I’ll be out there in just a few minutes.” And so the cops come, couple detectives and he was telling what they, what was going on. I’m standing there listening to the whole thing. And there was a generator, a big generator, and I was real strong back then, Gary. I was 6’3″ and weighed 275 and I carried this generator down the steps and this… and Johnny said, or the cop said that, how much that generator weigh?” And he told him, and he said it had to be at least two guys, if not three. But no, no one guy could carry that down them steps.” And Johnny turned around and he said, “Except Superman,” ’cause that’s what they called me on the job. And they laughed, and he laughed, and I laughed. Yeah. And then that night after I got off work, I took it all down to Square Deal and sold it all to Saul. Yeah. Interesting. So- All right. Thanks so much … and I did that stuff all, yeah, I did that stuff all the time. But I honestly do not remember who introduced me to Saul Landy. Yeah. But I know that for years and years we were buddies. And when I first met him, I used a, I had an alias that I always went by. I had two a- two aliases. One of them was a guy I [00:23:00] was in prison with that was from East St. Louis, and I knew everything about him, ’cause we were real good friends. I knew his middle name, I knew his mom and dad’s name. I knew everything about him, so I’d use his name. So if anybody ever asked me a question, I knew. The other guy was a cousin of mine that I hadn’t seen for y- I used his name, ’cause I knew everything about him. So what, the, when I first met my wife, we went to a dance one night. We weren’t married yet, and we were walking up the steps, and this guy walking down said, “Hey, Jim. How you doing, Jim?” And I said, “Good.” We got in, sat down. My wife looked at me and she said, “I thought your name was Bill.” I s- said, “It is. It is Bill.” I said, “He probably just had me mixed up with somebody else.” ‘Cause there was a lot of people in the inner circles, yeah. So when I met Saul Andy, something inside of me told me to… Because I met Saul, and I told him my name was Jim Gardner. Yeah. And he’s we did a couple deals, and then something inside of me told me to b- be honest with Saul. And so I sat him down one day, I said, “I wanna tell you something. I use that name as an alias. My [00:24:00] real name is Bill Corum,” and da. And I was so glad I did, because later I would be in the River Key in a restaurant or a bar with Saul, and some of the guys were in there, and I thought if I’d have used the… If he’d introduced me as Jim Gardner- Yeah … and then later they find out who I am, I might not be here. Yeah. You know what I mean? You might- So I- They might think you’re undercover cop or a- Exactly. Exactly. So I just- Informant or something, yeah … it, a- and that, I think that’s in my book. I told that story because I just, I felt like being upfront with him, and I, because I trusted him, yeah. I actually, in, in the book I think I said if Nick Civella trusted him, I thought I could trust him. Yeah. But a- apparently, apparently- Bet he didn’t trust him all that much … no. Yeah. Because right there, out there on Pennsylvania, or let’s see, where’d they… They lived right off 75th, right behind the what was that restaurant on 75th? The Italian place? Yeah … I starts with a G, I think. Yeah, I know. Just north of Ward Parkway Shopping Center. Yeah. Yeah. I know the neighborhood, yeah. Oh, Cat- was it Cat? [00:25:00] No. C- it doesn’t matter. But he lived right down that str- he lived on Washington. Yeah. Right there. Yeah. About 77th or 8th and Washington, in Washington, yeah. I remember that. Yeah. But that’s how I met Saul. And what, and guys, what those guys did that night, they tried to make it look like a home invasion robbery, but ended up killing him and his w- and I think they raped his wife too. But, They didn’t kill her. They left her alive they, they left her alive. But- Yeah … they really m- tried to make it look like a home invasion robbery, not a hit, which was, at least they were that smart. They just weren’t- Yeah … couldn’t keep their mouth shut, and they couldn’t, weren’t smart enough to not tell their friends, so they got caught. Good, good thing there wasn’t no Facebook back then, Gary. Yeah, it’s crazy. It’s crazy. Crazy world you live in, so- these kids- Bill … yeah. What happened? What happened? You had all this going. You had money, power, influence. Yeah, I- You caught a cocaine case. Now the thing about that cocaine case, that you said, I thought you said Wells. It’s Kenny Weld, isn’t it? The race car driver? W-E-L-D. Kenny Weld. W-E-L-D. Yeah. He was a race [00:26:00] car driver at that time. I, I- Kinda well-known, and he had a whole set of… He had a big company that sold wheels … Weld Wheels … fancy wheels. He was really doing well, and then he got involved with a b- huge, big cocaine thing. I didn’t know, remember you were part of that, but I remember that. A multi-million dollar- Yeah … wheel business. Yeah. I still am a big… I was a dirt track guy. I grew up on dirt. Yeah. I love dirt. I actually took his brother, Greg, who actually owned the company, I took Greg to his first… the first race that Greg ever raced in, I drove him to the races. And then Kenny and I and Greg, and they won the Knoxville Nationals. Greg raced in the Indianapolis 500 four times. Yeah. They were a big name in the country, the Welds. And making millions of dollars, Gary. Even back then, they were making millions of dollars. Yeah. And then Kenny got caught up in the cocaine and started messing with it, and next thing you know… he was making a lot of money in the cocaine too, but- Yeah … he got caught with 29 pounds, which was a large amount. But that statement that guy [00:27:00] made on me, ’cause I always felt guilty because Kenny got busted because the statement that he made, he named Kenny Weld in that statement, and it wasn’t long after that they arrested Kenny. But I’m sure they were already watching him, for sure. But then I, and I don’t know, Kenny got eight year, Kenny got 25 years. He went to Sandstone first up in Minnesota. Yeah. And he only did 52 months, so I’m not sure, because back then a third would’ve been eight, eight and a half years or something, right? Yeah. And he only did 52 months, so I don’t know how that, maybe it was money or whatever. I don’t know. Yeah. But he turned his life around in prison, but then what’s the sad deal, when I turned my life around, I tried to get in touch with Kenny Weld, and he wouldn’t talk to me. He- Yeah … he was avoid- I think he was afraid that I was gonna come after him because the guy I beat up was the guy that was… We were all involved in the cocaine world together. Joker John, I don’t know if you knew who Joker John Agrusa was. I [00:28:00] don’t remember that n- I don’t remember that name now. Was he- They had a bar out on, they had a bar on, out on 23rd Street. No, I don’t, I don’t- Joker John’s. John, his last name was Agrusa. He had a brother- Agrusa, yeah … named Nick Agrus. New- Nick Agrusa’s brother. Yeah, I co- do kinda remember that. He went down- Yeah … with that whole thing. See, I was- That was ’83. I was I was off into something else during those years. Okay. No- That was early in the coke, crack cocaine thing … no, John, w- after I beat up Pink Mike, John Agrusa left town. He moved to Arizona, ’cause he was scared of me. A l- a lot of people- ’cause I was crazy. I did some crazy things, and people were scared. And so when I got arrested on that deal, he left town. He went to Arizona. And then Kenny got busted, Kenny Weld. And the, some of the people in that… My dad read that 20-page statement, and my dad said… And my dad was an old guy. He was born in 1909, but he read that statement, and he said, “This guy’s worth, life ain’t worth a nickel, is it?” And I [00:29:00] said, “No.” ‘Cause the guy that wrote the statement. Then I got arrest- you knew Jim Smart was a judge? Yeah, I remember the name. I didn’t know him. Okay. Jim… back then, Jim was a lawyer, and then later became appellate court judge. Yeah. And he’s retired now, but a real good friend of mine. So when I, that happened, I got… My case ended in May of ’84. Started September 5th of ’82, and ended in May of ’84. And in June of ’85, 13 months later, I got sued by the guy I beat up. Me and the other couple guy. One of the guys that was with me is dead, Charlie Elmer. I don’t know if you ever heard that name, but he was a- No, don’t know that name … cocaine dealer. But anyway I was just gonna forget about it, and I showed that to my dad, that indict- or not indictment, the notice that I need to appear in court. Statement. Yeah. Yeah, and my dad s- no, not the statement, when he sued me. [00:30:00] Oh, the oh, okay. Then they filed charges. Yeah, the counter-suit. And I showed it to my dad one day and I wasn’t even gonna go. I said, “Oh, God will take care of it.” And my dad read it, and he’s “Bill, you gotta get a lawyer.” Yeah. You’re being charged, and so I went and got a lawyer, and I got Jim Smart. And and Jim tried to go and do a deposition on that guy, on Pink Mike. Could never find him. Ah. And I di- I don’t know, I honestly don’t know. I know I didn’t have nothing to do with… But nobody’s ever been able to find him. But I’m suspecting, ’cause my dad said when he read that 20 pa- he said his life isn’t worth a nickel. Because he named judge in there, a judge in there. He named Kenny Weld in there. He named a lot of other big-name guys, and he’s disappeared, so nobody know. I haven’t seen him since the day in court in 1982. So who knows where he’s at. Yeah. If he’s around. I don’t know. But- Interesting. What did you finally cop? Did you have a full trial, or did you go ahead and cop a plea in the end? That’s interesting you’d [00:31:00] ask because when we first, when we got out of jail at 1:30 Monday morning, the 3rd of the 6th of September, he wal- the lawyer came and walked us out with, we… we had left, we were staying in the Embassy Suites downtown. You know where that was at? Oh, yeah. It was 500 bucks a night, and we had left two s- two s- brief- briefcases there with one had cocaine in it uncut, and the other one had about $60,000 in it. And so we went down. We actually called… he’s dead now, so I can tell you who it was. Jerry Schanzer that owned Napoleon Bakery. And Jerry was a big… i’m surprised that you didn’t, you talk about bookmakers. Jerry was a big bookmaker. Yeah. Exactly. And Schanzer- I remember him, yeah … Schanzer owned Mother’s down on 18th and Baltimore. Not Mother’s. Granny’s. Granny’s, yeah. He owned Granny’s at 18th and Baltimore. Yeah, a lot of mob guys used- And then he- … to go down there and eat. Oh, every time I went in there I saw [00:32:00] somebody. Yeah. And then later he opened up one over in Mission shopping center there on Mission Road. And then they then they ended up opening up Napoleon, him and his brother Larry. And then they’re both dead now. But we, this is how much we trusted Jerry. We told Jerry, “Go…” We called Jerry from the jail and said, “Go down to the Embassy and get our, get a briefcase.” And Jerry went down and he drove halfway to Warrensburg and ha- something told him to open it- Oh, wow … and he opened the one, he opened the one that had the cocaine in it. Oh, shit. And he called us and said, “I got the wrong briefcase.” And it… No, he said, “I can’t come and get you with this.” And so he went back to the Embassy and got the right one. Came down, and we made bond that night. Then the next morning was… Okay, that was we got busted on Sunday the 5th. Monday we got out. The lawyer [00:33:00] said, Mike, I don’t know if you ever knew Mike and what was his dad’s name? The Fi- it was Fitzgerald and Fitzgerald was the name of the firm in, down in Warrensburg. Warensburg, yeah. I don’t know them. Yeah. And Mike and Charlie Fitzgerald. So ’cause I called People’s Office and said, “Hey, this happened.” And they said, “Stick with those guys. Those guys are the best in the county. They know the county. They know the prosecutor, the judges and everything. Stick with them.” So we went in. He told us, “Don’t come in tomorrow morning,” ’cause it was 1:30 in the morning Monday morning. He said, “Come and see me Wednesday.” Yeah. And so we went… no, he said, “Come and see me Tuesday,” ’cause that was 1:30 in the morning. And we walked in there that morning and he said, “Come and see me tomorrow morning, Tuesday morning.” And bring me $10,000 apiece. And I wish I had a video of it, because it can be on America’s Funniest Home Videos. I walked into his office with a white bank bag and dumped out $30,000 on his desk in cash, and he opened [00:34:00] his drawer like this and scooped it into the drawer. And I said, “Mike, there’s a lot more where that came from.” He said, “Bill, I can’t. It’s… I gotta do everything legitimately.” Yeah. And I said, “Okay.” So the first meeting, his dad was in there and he was in there, and the three of us, and he said, “Guys, Dad and I have talked, and you guys might wanna think about getting separate attorneys.” And I said, “For what?” He said, “Because if one of you take a plea.” Yeah. I almost jumped over the desk. I said, “There’ll be no plea. There will be no plea. We’re not guilty. We’re not gonna admit we’re guilty. They can send us to the electric chair. We didn’t do it.” Now, Gary, they took us out of the house at 2:00 on Sunday afternoon in broad daylight. First, they s- we sent the guy out the back. He was totally naked when we got there. He was laying in bed. He’d been doing Dilaudids and Quaaludes all night, and he was [00:35:00] blood from the crown of his head to the soles of his feet. His whole back was red. We walked him out the door in- totally naked in front of the whole world and told him, “Go out there and tell them there’s nobody else in the house.” We were so jacked up. And here’s the thing, I have to tell you this. All those years that I got away with stuff is because I was smart, and now I’m snow blind. There was a song years ago by Styx called Snow Blind- Yeah … and it’s about cocaine. It’s about… And I’d been up for 86 hours when we went down to Holden. I had not- Okay … closed my eyes for 86 hours, so I was in m- I wasn’t in my right mind. Anyway, that was… So when we we said, “No plea bargain. There’ll be no plea bargains.” And for seven months… No, I’m sorry, for four months. That was October, November, December, January, February, March, April. No, seven months. For seven months. For seven months [00:36:00] we went to court multiple times. The whole police department, I don’t know if we can- I guess we’ll say it, because it’s done. It’s history. But I had a, I had two grocery sacks, the old brown grocery sacks on the couch that I’d inventoried. I had $62,000 in cash. I had… Because it was in envelopes, and I- they were $10,000. I was throwing them in there. 62,000 in cash, about four pounds of pot, three gallon Ziploc bags full of precious jewels. Er emeralds, rubies, and stuff like that. Some hash- a 12-gauge shotgun. I think that was all. Maybe maybe it… Whatever. When they, when… The first time we ever went to court and my partner had, the one that’s dead, Charlie, he had a leather Gucci bag that we always had with us, and it had four or five grams of cocaine in it. He took his diamond rings off, put them in there. His watch, he had a Rolex [00:37:00] watch he put in there, and about 3,000 in cash. That was in the car. That was never mentioned in court. No guns were ever mentioned in court. No guns were ever mentioned in court. I had a brand new, I had a brand new fif- not- model 59 nine millimeter. That was never mentioned in court. That 12-gauge shotgun was never mentioned in court. They said that they found a couple envelopes of cash, and they found a gram. Now, there was about, I think there was about probably a half a, maybe eight, eight grams or no more than that. It was ounces. Four or five ounces of cocaine. Oh, yeah. They said they found one, they said they found one gram of a, approximately one gram of a substance believed to be cocaine. Yeah. And my lawyer said… And they said they’d send it to Jeff City for analysis. And my lawyer said, “And what were the analysis of that?” They said they haven’t come [00:38:00] back yet. This is two months after they arrested us. They did- And they found approximately one gram, and there was ounces of cocaine in there. They found a couple envelopes with approximately $2,000 in cash. There was $62,000. The car I was driving, so when I got arrested, I had the keys in my pocket. So when they booked us into jail, when we walked out at 1:30 Monday morning, they gave us back our property. I had the keys in my pocket. So the car’s… Now, this is a brand new ’80, this was a ’82. This was an ’81 Trans Am. The car’s in Holden. The police chi- And they said they were gonna confiscate the car because it had Kansas tags on it, that they wanted to go through the car da. The police chief changed the ignition and was driving that car for his personal car. It cost my buddy, because it was a friend of mine, T- Ronnie M- Ron McGee, it was his car. It cost him $10,000 and an attorney to get his car back from them. So bottom line, every time we [00:39:00] went to court, several ti- my lawyer would say, “I’d like to call Officer Gary Jenkins up.” Gary Jenkins is not on the force anymore. He moved to Arizona.” “I’d like to call so-and-so up next time we go in.” He’s not here anymore. He moved to wherever.” So all the money and all the guns and all the drugs, they split it up and no, nobody ever… So the thing was so dirty. So what happens is we’d been going to court for that seven months, And then I become a Christian. I walk into his offi- and we’re adamant, we’re not plea bargain. We don’t want separate lawyers. We want you two guys to represent us. We’re gonna beat this thing. And, oh, and I told, because when that guy gave that 20-page statement after he got out of the hospital, this was a month later or something, he called us all in. We went in. He sh- hands each one of us 20-page statement. He said, “Guys, let me tell you something. I’m defending you on an assault with intent to kill charge. I’m gonna get that reduced, but if you get busted [00:40:00] dealing cocaine, you’ve got to stop dealing cocaine, ’cause if you get busted dealing cocaine while I’m on this case, it’s gonna complicate the case.” Yeah. “You gotta stop.” And I said, “Mike, I don’t tell you how to practice law, and you don’t tell me how to make money. You just keep doing what you do, and I’ll keep doing what I do, and I’ll keep bringing you money.” And he never said another word. Three or four months later, I become a Christian. I walk into his office by myself. And when I walked in the door, he said, “What happened to you?” If you look at that book on the picture of my, on the back of my book, that was four months before I became a Christian. And the Bible says the eyes are the windows of the soul. I had a very dark soul. Yeah, I can see. I had a very dark soul. Yeah. And so he goes, “What happened to you?” And I said, “What do you mean?” And he said, “You don’t look the same.” And I said, “I’m not the same.” And I told him what happened. And he said… And I said, “We’ve got a problem.” And he goes, “What’s our [00:41:00] problem, Bill?” I said, “I can’t lie anymore.” He said, “You’re right. We’ve got a problem.” ‘Cause we’d been lying for seven months. We told… He knew the story. He said, “I just need to know this. I’ll defend you guys. I’ll beat this case, but I need to know.” So we told… And at this point now, seven months later, he said, “There’s no way out of this thing. You guys are going to prison.” He said, “I can help you figure out a way to get to the good prison, but you’re going to prison.” So when I go in that day and he goes, “What’s wrong? What what happened?” And I told him, and he said, “You don’t look the same.” I said, “I’m not the same.” I said, “We got a problem.” He goes, “What?” I said, “We can’t lie. I can’t lie anymore.” And he said I’ve got an idea.” And I said, “What?” He said if I enter a plea bargain, I think we can do this.” And he said, “You guys won’t go to prison.” And he said, “Talk to Mike and Charlie and see what they say.” So I called them. We went down, met with him. And this time they looked at me and said, “What do you think we should do, Bill?” [00:42:00] I said, “I think we ought to take the plea bargain.” We got five years’ probation and a $5,000 fine. Now, the crazy thing- that was on the assault. Yeah, they- That was on the assault. But you still got a cocaine case out here pending with the feds. No. No. No. That, if, that, that- 20-page statement that implicated me was never, he never got it out of his office. It never went out of Fitzgerald’s office. So it, he didn’t tell it to… He told it to whoever he told it to, but to the police, and the police were all crooks anyway . Yeah. So I don’t know who he told. I just know that our lawyer said if this cocaine thing comes up, it’s gonna complicate our case. It never came up. Oh. And so maybe it was the mercy of God, I don’t know. Because it was a 20-page typewritten statement naming judges, Kenny Weld, all these guys, and all these people started falling after that. And so anyway, we ended up getting a $5,000 fine and five-year probation. Now, the crazy thing, if you read my book, Charlie and Mike both went, they got called and they [00:43:00] went and reported. I never got a call. 13 months later, I had a nephew getting married up in in Wisconsin, and I wanted to go to that wedding, and I knew I couldn’t leave without permission, but I didn’t have anybody to ask permission from. And when that guy sued me, G- Gary, when that guy sued me and I went and got the lawyer that I told you I went and got, I said, “By the way…” He said, “I wanna take this case.” I said, “Great.” I said, “By the way, I got arrested September 5th of ’82. The case ended in May. I was placed on five-year probation, a $5,000 fine. I’ve never heard from anybody. What do you think I sh- should do?” He said, “Bill, you need to write a letter.” And I put the letter in the book. I wrote a letter and said da. I’d like to be supervised. Please contact me.” 13 months, and they, within two days they were knocking on my front door. And that’s when I started reporting. And Kay King was my first pr- [00:44:00] probation officer, and she asked me all the whole story, and I had sat with her for two hours and told her the whole story. She asked me how many drugs I did, what I did. I said, “I’ve done everything there is, from, marijuana to heroin to… I’ve done it all.” And I did massive amounts of everything. And I was drinking two quarts of whiskey at the end every day. And people are like, “You can’t drink two quarts of whiskey.” I said, “You never did cocaine, did you?” ‘Cause when you’re doing, ’cause when you’re doing cocaine, you can’t get drunk. And so anyway that… And I asked her when I left her office, I said, “So does my probation start now, or does it start back then?” She said, “No, Bill, it starts today.” Oh, really? I said- Wow. I said, “For 13 months I’ve been going to churches and schools and telling people how bad drugs are and how bad alcohol is and how bad this is.” And I said, “I’ve not had a traffic ticket. I haven’t had a traffic ticket.” The only ticket I’ve got in the last 43 years, I had a bad car wreck where I got T-boned at 70 miles an [00:45:00] hour. I pulled out in front of a guy. It was my fault. And that’s the only ticket I’ve had in 43 years. I haven’t been stopped by the police. And she said, “I’m sorry, Bill, it starts today.” Guess what? I did the whole five year. I went from then, I got off in ’89 or something, I th- it was almost five years I did. My partners, they only did a year and a half, and they let them off. And they were still dealing cocaine. They were still dealing. They were still dealing. Matter of fact, one of them’s brother his mama died, and the funeral was at Passantino Brothers over there on the avenue. And I went to the funeral, and I was sorry, and we were hugging. And me and him sat down and were talking, and he had a little leather Gucci bag. And he said, “Hey, I’m go- now listen.” He said, “I’m going to the bathroom. You wanna go with me?” I said, “No, brother.” Yeah. And I got up and left. He wanted to go do some cocaine. Damn. And that was years after, he’d been… Anyway. Yeah. But I’m glad I had to do the whole five years because I got to speak [00:46:00] in some… She called me once and said, “I got a friend that teaches a criminal justice class at a college, and they’ve had detectives and they’ve had police officers, they’ve had lawyers, they’ve had parole officers, but they’ve never had a criminal. Would you come and speak?” And I said, “I’d be glad to.” And I f- and then I called the professor and I said, “I’ve been asked to come.” And he said, “Yeah, we’re looking forward.” And I said I have to tell you one thing. I cannot come in there and speak and not tell your class that my life was radically changed April 15th, 1983, when I came into encounter with God through his son, Jesus Christ.” He said, “That’s okay.” And I went and told them, so I was glad I got to stay on parole for five years. So- So Bill what are you doing now? I know you- I’m just- you’ve got a prison ministry. Do you speak- Yeah … at prisons and, and- That’s all I do, Garrett. 40 years just- How does one get into that? Do you have an agent that booked you into different prisons- No … or how does that work? No. No. I started going in 1986 with [00:47:00] a guy named Bill Glass, who was a NFL player. Played for the Cleveland Browns. He was an All-Pro. Actually started… He got, he retired from football in 1968, so that’s how old he was. Started the ministry in ’72, and was the biggest prison ministry in the nation, had 30,000 volunteers. And I started going in as just a volunteer, and then he asked me to be a platform speaker, and I was a platform speaker for him for 30 years. And went to, I’ve been in over 500 different prisons in my life, and I do prisons almost every day, a prison or a jail almost every day. We’re getting ready to do, this will be our 17th car show up at Crossroads in Cameron, and this will be the biggest car show ever in a US prison, in history. Last year was the biggest. We had 80 cars last year, but this year we’re planning on- by car sh- car show, what do you mean? Like guys bring their classic cars up and…? And drive them in on the prison yard. Oh, wow. And the inmates get to come out, walk around and look at them. And last year we had 80 cars and bikes. [00:48:00] This year we’re gonna have 250 motorcycles and cars. Wow. And we’re gonna feed 2,000 people. We’ve got… W- we’re gonna have 2,000 meals that day for the inmates and the staff, all the staff. So that’s what I’ve been doing for all these years, and will keep doing it as long as I can, wow. But as far as… I was gonna ask you about old Joey Rags. I knew Joe Ragusa. Did you ever deal with that guy? Did you? Not directly. I followed him a lot and almo- we almost caught him too, in a hit one time. And then they saw us and they had boogied on out. But I know one story- That would have been a- … about him. He was, He needed to go… I heard this later. He needed to go to a meeting downtown, down to City Market with the other mob guys, ’cause, he was right next to Charlie Martina, and he went on several hits with these guys during the Spiro-Savella war. So he’s out at the plumbing place where he was working, so he… Guy comes in- Where was he at? Was he at St. John Plumbing? I don’t remember the name of it. It was over there by N- Jackson, Ninth and Jackson, or Truman and Jackson, somewhere over there [00:49:00] on the east side. I can’t remember the name of it now. And so he need… said… told this guy, he said, “Hey,” he said, “I need to go down to the market.” He said, “Can you give me a ride down there?” And the guy said you got your car here.” He said no, you give me a ride.” So he gets in, lays down in the back seat. So the guy takes him down there, then he gets out. No, he was a real deal. Boy, that old market was something, wasn’t it? Yeah. That old City Market. Oh, man. Yeah, heard mob guys out there. Yeah they had a pretty big… Hey, what about, I was gonna ask you about a couple guys that were big heroin kingpins, Sam Haley and Aaron Gant. Was you involved when they were really big in Kansas City? Y- I was a young policeman, ’72, ’73, ’74, and Aaron Gant and Sam Haley were like the big ducks. And they had this war going between the two little heroin organizations. And Gant was, he was in with some guys, and Aaron Gant called him Junebug. He was in with the God, there was a whole family, the Denmans. He was in with [00:50:00] these guys. And so they… And Sam Haley was… I never did understand the difference, but they had two different organizations and they hated each other is my understanding. Oh, they did. Yeah. How about Ramseys? Did you know who the Ramseys were? I don’t see. The Ramsey brothers? I remember that na- Huh? I know that name. I think one of those crime families that, that stole- they were- … money in the neighborhood and- They were the- … everyone else … they were killers, all of them. Yeah. I think there was eight boys, and at one time seven or eight of them were in Missouri for murder. And I was seeing… I was in Potosi. And Rambo, R- Roy Rambo Ramsey they called him, and he’s the one that they got a… Remember when the la- what’d they call them that you put on the roof of your car? Oh, Landau top. Landau top, yeah. Yeah. That wasn’t the word I’m looking for, though. Whatever it was, th- you could have them tops put on. Yeah. They got one put on in a poster shop over on Prospect. Oh. And [00:51:00] when they called and said, “Your car’s ready,” they went up there and killed everybody in the shop and took their car and left. And then they went out to Belton or Grandview, and there was an old couple that had a bunch of old coins and stuff, and they knew one of the people. They knew one of the brothers, and I think it was Roy. And they went out there and knocked on the door, and of course, they let them in. They told their girlfriend to stay in the car, and they went in and they shot them They were 65 and 66 years old. The little old lady was 65 and the old man was… They shot each one of them three times, and just for a few dollars worth of coins, man. They were murderers. They were killers. But I was up in Potosi and Roy asked me, he said, “Would you go see my dad?” And I was… I said… He said, “He’s in a nursing home.” And Gary, his father, was a hardworking man, had never committed a crime in his life, and he was in this nursing home. And I went and saw him and prayed for him and stuff. But here are these… He [00:52:00] had these eight sons that were murderers. They were killers. And the old man was in a nursing home dying. And, Roy asked me if I’d go see him, so I went and saw him, prayed for him. But yeah, they were something else, them guys. Interesting. You you mentioned Sam Haley. There w- we had, here just in your area, was a guy named Michael Cantu, who used to be a fire captain. Had… Was a, a big time cocaine dealer. During those years, he got into- Yeah … cocaine. He and his brother Joe and Joe Maggio, and they had a cocaine deal going, and he got back out. He had a body shop over on Independence Avenue, and two Black guys came in and executed him, basically. Left the employee there. There wasn’t anything to steal, and executed him. And the drawings, one of them we… There was a lot of speculation it looked like Sam Haley. So I think he was- Might’ve been … I think he was supplying Black dealers with cocaine I believe. I saw him meeting with some guys once that that- Yeah, they were- … I didn’t know who they were, but they all looked like Black cocaine dealers they were killers, all them guys. Haley and Gant and those guys. Did you, I asked you about, Yeah, heavy idea. [00:53:00] I- here’s a question. I just got an inquiry from one of Gant’s relatives of… They were wanting to know more about Aaron Gant getting killed. See, he got out of the joint. He went to Missouri State Penitentiary, I think it was for drugs. Yep. And he went to a club that night, and somebody walked in, was walked in, shot him, and walked out right away. Another Black dude. So this relative was asking me if I knew any more about it. I didn’t know any more about it. You remember that deal at all? I don’t remember that. Okay. I di- I actually, I was thinking that Aaron Gant and Sam Haley had been dead for years, but, that was- this was years ago. This was quite a while ago. Okay. This was probably- Yeah, I thought he might have died in prison or something, ’cause I knew they both had a lot of time. They did a lot of- Yeah … time in Missouri. Yeah. Yeah, they did. So did you- But they were kingpins. Their names are really well-known, feared names on the East Side in Kansas City. Oh, yeah. Really feared names. Absolutely. Did you ever go around Vic Fontana’s place when he opened up Fanny’s? Oh, yeah. I went in and out of several. He had several different places. He had Fanny’s. [00:54:00] He had one down on the Southwest Trafficway a little bit after your time, I think oh, God, I forgot the name of it. But yeah, the, all the mob guys went into his joints. He was mob friendly. Yeah. I was really s- I met him when he had when he had the one up on Main next to Butch’s, next to Mother’s. Oh, yeah. Yeah. He had that place yeah what was, Walter Midy. Must have been Walter Midy’s. Walter Midy. Yeah, that’s where I met Vic. And then I actually plumbed that Fanny’s when he opened up Fa

Henry Ford did not just mass produce cars. As a member of the Episcopal Church, reader of New Thought texts, believer in the “gospel of reincarnation,” mass marketer of antisemitic material, and employer who institutionalized a social gospel, Henry Ford's contributions to American models of business were informed by and produced for an America he understood to be broadly Christian. Though Ford's efforts at the head of the Ford Motor Company have commonly been understood as secular, Ford himself was explicit that his work in engineering and auto production was prophetic and meant to remake the world. In Assembling Religion: The Ford Motor Company and the Transformation of Religion in America (NYU Press, 2025), Dr. Kati Curts presents a religious history of Henry Ford and the Ford Motor Company repositions them within critical studies of religion, examining how Ford transformed American religious practice in the twentieth century. Drawing directly on documents from Ford's archive, it examines Ford's mass production methods and bureaucratic reforms as examples of prosperity gospel traditions, illuminating the ways manufacturing and technology intersect with American religious practice. Bridging American religious and industrial history, Assembling Religion offers a new and surprising way to understand Ford's impact on culture, commerce, and the technology of labor. This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda's interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Henry Ford did not just mass produce cars. As a member of the Episcopal Church, reader of New Thought texts, believer in the “gospel of reincarnation,” mass marketer of antisemitic material, and employer who institutionalized a social gospel, Henry Ford's contributions to American models of business were informed by and produced for an America he understood to be broadly Christian. Though Ford's efforts at the head of the Ford Motor Company have commonly been understood as secular, Ford himself was explicit that his work in engineering and auto production was prophetic and meant to remake the world. In Assembling Religion: The Ford Motor Company and the Transformation of Religion in America (NYU Press, 2025), Dr. Kati Curts presents a religious history of Henry Ford and the Ford Motor Company repositions them within critical studies of religion, examining how Ford transformed American religious practice in the twentieth century. Drawing directly on documents from Ford's archive, it examines Ford's mass production methods and bureaucratic reforms as examples of prosperity gospel traditions, illuminating the ways manufacturing and technology intersect with American religious practice. Bridging American religious and industrial history, Assembling Religion offers a new and surprising way to understand Ford's impact on culture, commerce, and the technology of labor. This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda's interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-studies

Henry Ford did not just mass produce cars. As a member of the Episcopal Church, reader of New Thought texts, believer in the “gospel of reincarnation,” mass marketer of antisemitic material, and employer who institutionalized a social gospel, Henry Ford's contributions to American models of business were informed by and produced for an America he understood to be broadly Christian. Though Ford's efforts at the head of the Ford Motor Company have commonly been understood as secular, Ford himself was explicit that his work in engineering and auto production was prophetic and meant to remake the world. In Assembling Religion: The Ford Motor Company and the Transformation of Religion in America (NYU Press, 2025), Dr. Kati Curts presents a religious history of Henry Ford and the Ford Motor Company repositions them within critical studies of religion, examining how Ford transformed American religious practice in the twentieth century. Drawing directly on documents from Ford's archive, it examines Ford's mass production methods and bureaucratic reforms as examples of prosperity gospel traditions, illuminating the ways manufacturing and technology intersect with American religious practice. Bridging American religious and industrial history, Assembling Religion offers a new and surprising way to understand Ford's impact on culture, commerce, and the technology of labor. This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda's interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/religion

Henry Ford did not just mass produce cars. As a member of the Episcopal Church, reader of New Thought texts, believer in the “gospel of reincarnation,” mass marketer of antisemitic material, and employer who institutionalized a social gospel, Henry Ford's contributions to American models of business were informed by and produced for an America he understood to be broadly Christian. Though Ford's efforts at the head of the Ford Motor Company have commonly been understood as secular, Ford himself was explicit that his work in engineering and auto production was prophetic and meant to remake the world. In Assembling Religion: The Ford Motor Company and the Transformation of Religion in America (NYU Press, 2025), Dr. Kati Curts presents a religious history of Henry Ford and the Ford Motor Company repositions them within critical studies of religion, examining how Ford transformed American religious practice in the twentieth century. Drawing directly on documents from Ford's archive, it examines Ford's mass production methods and bureaucratic reforms as examples of prosperity gospel traditions, illuminating the ways manufacturing and technology intersect with American religious practice. Bridging American religious and industrial history, Assembling Religion offers a new and surprising way to understand Ford's impact on culture, commerce, and the technology of labor. This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda's interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Henry Ford did not just mass produce cars. As a member of the Episcopal Church, reader of New Thought texts, believer in the “gospel of reincarnation,” mass marketer of antisemitic material, and employer who institutionalized a social gospel, Henry Ford's contributions to American models of business were informed by and produced for an America he understood to be broadly Christian. Though Ford's efforts at the head of the Ford Motor Company have commonly been understood as secular, Ford himself was explicit that his work in engineering and auto production was prophetic and meant to remake the world. In Assembling Religion: The Ford Motor Company and the Transformation of Religion in America (NYU Press, 2025), Dr. Kati Curts presents a religious history of Henry Ford and the Ford Motor Company repositions them within critical studies of religion, examining how Ford transformed American religious practice in the twentieth century. Drawing directly on documents from Ford's archive, it examines Ford's mass production methods and bureaucratic reforms as examples of prosperity gospel traditions, illuminating the ways manufacturing and technology intersect with American religious practice. Bridging American religious and industrial history, Assembling Religion offers a new and surprising way to understand Ford's impact on culture, commerce, and the technology of labor. This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda's interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/christian-studies

The Weekly Option trading podcast Episode 429 May 29, 2026 Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike. The topic of the week is the pattern day trader rule. In this week's show, we will cover the trades from last week on T1 Energy, Virgin Galactic Holdings, Ford Motor Company, and Marathon Digital Holdings. And we discuss four new trades on Corsair Gaming Inc, Big Bear AI, American Airlines, and Ondas Inc. The equity markets finished the week at all-time highs once again. The Dow Jones Industrial Average grew by 452 points, ending the week at 51,032 points. The S&P 500 Index gained 106 points, ending the week at 7,580 points. It's always great to hear from listeners. If you have any questions about the trades presented here or about your own positions, feel free to email me. Email questions to me: eric@theweeklyoption.com Visit our YouTube Channel for The Weekly Option.com. PODCAST LINKS FOR EPISODE POST Listen on iTunes:  https://itunes.apple.com/us/podcast/the-weekly-option/id1375267155 Listen on YouTube Music:  https://music.youtube.com/channel/UCTo2yTkZPhqvlE8PdZkyTZA Listen on Spotify: https://open.spotify.com/show/6HoYh2XxVCWaidJP4dJiSD Listen on Audible by Amazon: https://www.audible.com/podcast/The-Weekly-Option/B08K57QL6S?language=en_US Listen on PodBean: https://www.podbean.com/podcast-detail/r5aam-6a884/The-Weekly-Option-Podcast YouTube Channel: https://goo.gl/u7JKJd Option Trading Basics: My Favorite Strategies: https://youtu.be/8UmPK5tuez0 How to Trade Stock Using Technical Analysis: https://youtu.be/wAATt0RpE0w Technical Analysis Videos: https://www.youtube.com/channel/UCnpPLl3EB_RBC5kyrCnsHow TradingView Stock Charts For Analysis: https://www.tradingview.com/gopro/?share_your_love=TraderEric

https://youtu.be/sUyjA0muVgM Tom Kirkham, Founder and CEO of Kirkham IronTech, believes business should create value for everyone involved — employees, clients, vendors, and the broader community. After overcoming major personal challenges and rebuilding his perspective on leadership, Tom embraced stakeholder capitalism and built a company culture focused on long-term partnerships, trust, and continuous learning. In this conversation, Tom shares the IronTech Framework — a practical approach to modern IT management built around three core pillars: Generate ROI and Productivity, Make Cybersecurity Core, and Surround it with a Governance Layer. He explains why businesses should stop treating IT as an expense and instead view it as a strategic investment that improves productivity, protects the company from cyber threats, and aligns technology with leadership goals. Tom also dives into the massive scale of the cybercrime industry, why governance is often the missing piece in cybersecurity, and how proactive IT strategy can dramatically improve business performance. — Turn Your IT into Your Growth Engine with Tom Kirkham Good day. Steve Preda here with the Management Blueprint Podcast, and today’s guest is Tom Kirkham, the Founder and CEO of Kirkham IronTech, where he helps businesses build strong, secure IT foundations, whether fully managed, co-managed, or cybersecurity only. Tom is a keynote speaker on cybersecurity, and he’s the author of two books, Hack the Rich and The Cyber Pandemic. Tom, welcome to the show.  Oh, it’s great to be here, Steve.  Well, great to have you here. And I am curious to dive in, and would like to ask you my favorite question. What is your personal ‘Why’, and how are you manifesting it in Kirkham IronTech?  That’s a great question. So the company’s about twenty-six years old. I went through a lot of personal health problems, and then my wife was real sick, and she ended up passing away—it's been about eleven years ago now. And I was fortunate enough to put a friend of mine in the company, and he was able to take over while I was dealing with this for a couple of years. And when most of it was done, I took some time off and did a lot of traveling and a lot of thinking and a lot of reading. And I’m a lifelong reader, a lifelong learner, and I went back through my history of investing techniques, understanding what makes a good company great. If you’ve read Jim Collins, you know what I’m talking about. And so during those times, I was reflecting, studying philosophy, studying biographies of other CEOs like Elon Musk, Steve Jobs, Andy Grove—gosh, the list goes on and on. Whether you like them or hate them, it doesn’t matter, right? There’s always something you can learn. And I came upon and read a lot about stakeholder capitalism. Like Peter Drucker says, “Culture eats strategy for breakfast.” And I understood what that meant, and it was kind of weird. So when I re-engaged with the company, I identified one of the weaknesses, and I said, “Well, if we need to do marketing in this business—which we have to do in any business—I really need to master marketing.” So I spent a lot of time with marketing gurus, most of them are what I would consider household names these days, and re-engaged with the company to do marketing to establish a great culture around stakeholder capitalism. In other words, we exist as a for-profit business not just for the shareholders but for everyone—the community, vendors, employees. And I really wanted to be around people I enjoyed being around. I wanted them to enjoy coming into work.Share on X And so we’ve been trying to perfect that system in the culture for the past ten years. Of course, no one's perfect, but if you pursue perfection, you can achieve excellence. And I think we've done a really good job. We have very low turnover. Everyone seems genuinely happy to be there, and it's really fulfilling. It's more of a personal feeling because I've been a successful investor practically my whole adult life. I started investing in stocks when I was nineteen, and I'm sixty-four now. So I didn't really need the company. I could have just closed it up or sold it or whatever. But I really wanted to have my own reasons. Those are the things that drive me, and I hope they drive everyone else too.  What resonated with you with this idea of stakeholder capitalism? It just made sense. The obvious part is with employees—all of that is true. That's obvious to any good leader or manager, right? As you well know, there's a difference between leadership and management, and understanding that distinction, and the difference between sales and marketing, and understanding those things. A good example is dealing with vendors. There are all sorts of vendors that supply products and services to us, so we carefully vet these tools and vendors to see if their values align with ours, just like we do with prospects. But especially with vendors, if it's something new—a new tool that we're going to invest a lot of time, money, and energy into to make their product or service successful for us and successful for them—we make a commitment to that vendor.  So it's not about the money or how cheap I can get it. What I want is a good partnership with every stakeholder. And I want to make sure that when I'm dealing with a vendor, if it fails for us, it's not our fault—it's their fault, right? Either they oversold the product or they didn't deliver on the service component. I didn't want it to be because we failed to do the right training, or didn't communicate properly, or missed all the other things that are just part of doing business the right way. And that applies to our employees, our local community, and every stakeholder in the company.  Yeah. I like it. So you're looking for partnership-based relationships where it's win-win. And yeah, if you want people to stick around, it has to make sense for them too. You can't exploit your partners forever without consequences. So that makes a lot of sense. So Tom, let me ask you this other question. This podcast is called The Management Blueprint because I'm always looking for frameworks—something practical that helps businesses achieve results. Usually it's some kind of three-to-five-step process that helps you grow the business, get customers, improve operations, or understand something at a deeper level. So when I ask about your favorite business framework, what comes to mind?  Well, we have a thing we call the IronTech Framework.  Okay.  And it was something that we came up with many years ago and started practicing seven or eight years ago, and it's a framework. It's like the NIST Cybersecurity Framework. I looked at NIST and there's five components to it, and it's about cybersecurity. And I looked at this and I go, “None of this works without the right policies and procedures in place.” The security training—it's not enough just to throw it out there and tell all your people to take it. You've got to follow up, you've got to manage, and coach, and everything like that. And so I started adding this governance component to the way we sold it, presented it, and practiced what we do for our clients day in and day out. Help them develop the policies and procedures for all of the different things, the protocols.  If somebody accidentally fires off a ransomware attack, they need to know they're not going to be penalized for it. We need to know as soon as possible to stop it. And just little things like that, there's a lot that really improve the effectiveness of all of these tools and services that we provide to their clients. And unbeknownst to me, NIST, who has the cybersecurity framework, they added governance about three years ago to the other five things. And so that was kind of nice to know that we were exhibiting some thought leadership. And so when we go in, it's all well and good if you want to put these protections in and these particular products, but we're a best-of-breed company. Like one of our critical tools that's required for our clients to put in place, to buy it and use it every single day on every single computer, is what's known as an EDR. And it's basically an AI-based super turbo antivirus.  To even call it an antivirus is not doing it justice. So there's three legs to the IronTech Framework. We want to make sure that you're getting a return on your investment in IT, because that's why you buy it. If you treat IT as an expense, you need to kind of change the way you're thinking. You want to improve productivity and efficiency.Share on X The second leg is cybersecurity, because a bad cyberattack can put you out of business. I think the last stats I saw were something like 40 to 60% of businesses go out of business within two years of a significant cyberattack. And then finally, the third is governance. That's the three legs of our IronTech Framework. So part of governance is engaging with our clients' management and leadership—the CEO, finance, of course the CIO, the CISO or security officer, and maybe even the board sometimes. Really getting to know: what are your objectives, and how can we utilize our services to best help your company realize those objectives? Because for most companies, there's no other vendor they engage with as much as us.  We're talking to Susie every day. We're talking to Bill every day. We know that Mary's out sick and Steve's on vacation. I mean, when you're running help desk, stopping attacks, providing training, and all the support we provide along those lines, we get to know their company better than practically any other vendor by far. So it really helps if our clients treat us as a partner to help them realize their goals and objectives. And when all of that clicks into place, then it makes recommending things easier.Share on X “Okay, you need to replace these 30 laptops that are four years old. You're not getting an ROI on them.” “This server's five years old. Let's start thinking about replacing it.” “We have this new tool that's really excellent. We're recommending everybody get it.” And because we've developed that trust, those conversations become pretty easy. For the most part, everybody just says yes. But of course, we don't sell just to sell, especially when it comes to things like hardware. That's not really what we're here for. We're here for the day-in, day-out work: keeping things running, stopping breaches, and putting the policies and procedures in place to run your company as smoothly as possible.  Yeah. I love that. So when I had an IT back in the 2000s, I had an IT person who was a contractor, but he was very active in my business, and I always wanted to talk to him and pick his brain. What are the new things out there? How can we make our business more efficient, more effective, more attractive to employees? Cooler. I wanted to be cool. So I wanted everyone to have a PDA in the early 2000s with email on it—a PalmPilot. And we had multiple screens, and I was looking at, okay, how can we manage data in the cloud and on our server so we don't have to deal with it in the office? That kind of stuff. And I really thought about it as a great investment because it was much cheaper than hiring people. And if you give people good tools, they're going to be more motivated and more effective. So I thought it was a no-brainer.  Yes, but there's still a subset of people that treat IT as an expense. Then there are some companies that tend to put IT under the finance guy because the finance guy usually has a lot of IT experience, but never actually did it as a career or a job, right? And those situations are hard because I need CEO-level or owner-level approval, and I need a direct route to that person.  Yeah, that makes sense. So Tom, tell me, what drives growth in your business?  Yeah. From a growth perspective, for us, number one is maintaining our clients and reducing churn. Number two is—I don't know if you're asking about tactics or strategy—but of course we want to get new clients for the right reasons. So we prefer inbound strategies. We don't cold call people unless we've already contacted them in another way, if that's what you're asking.  Yeah. I'm asking what the real driver of growth is. I understand that you do marketing and inbound marketing, but what makes people want to have an IT service partner like you? Well, they understand those three pillars of the IronTech Framework. They may not believe in stakeholder capitalism, but they don't treat IT as an expense. And they understand—especially after talking to me—the true risk of being hacked. A lot of people don't understand the size and scale of that industry. It's a $10 to $12 trillion industry now.  Wow.  If it were a country, it would have the third-largest GDP. The US would be first, China second, and then the hacking industry. It is an industry that hacks at scale. So when these companies—maybe a small 10-person accounting firm in North Dakota in the middle of nowhere—get these ransomware emails and someone tries to hack them, and we alert on it and trap it, and nothing goes wrong, everything's fine… If they don't already understand it, they go, “Well, why are they trying to hack me?” And I say, “You don't understand. That email was one of 100,000 emails that got blasted out. They don't know who you are, nor do they care who you are.” They're playing a numbers game. And it's kind of like marketing. They're looking at conversion numbers. Yeah.  Let's say it's 100,000 emails. They got a list of all the certified public accountants in 10 different states. They set up the email, they send it all out, and let's say 1% become victims. And let's say they collect an average of $10,000 per victim. Well, that's a multi-million dollar payday for about a week or two of work. And then they rinse and repeat. It's done at scale, and it's a much bigger industry than that. That's just a taste of it. Some of our clients are targeted. In other words, hackers are investing time, money, and energy specifically into that company. We're one of them. Any law firm that does intellectual property law—especially around patents, manufacturing, and things like that—you've got China and other nation states not only trying to get into your client, but you're also a threat vector. You're a way to get into that client's patents and secrets.  So we've got to treat that differently. It's not just about the money. There are different types of threat actors, and we have to educate clients, bring them up to speed, and say, “Well, because of this case, you need this other service and tool that we're offering to prevent China from breaking in.” Or, “You need to follow this practice.” Maybe you don't publicly talk about one of your clients being Ford Motor Company or NVIDIA. You just keep that quiet. You don’t want that to be public knowledge. That's one of the things we do. You spent time on our website, and you didn't see a single client name on there. And that's just one of the small things we do to protect our clients' security and privacy, because privacy and security go hand in hand. Yeah. That is fascinating. So what is it that you’re trying to figure out in your business right now? What’s the big thing for you?  I think because of all the chaos in the United States, making a decision to do anything—everybody's kind of frozen. There are a lot of hiring freezes. I know we've got a freeze on right now because we're looking to see, well, do we really need to add somebody, or can we do this with AI? The hackers do the same thing. That's one of the challenges, is getting people over the hump. No matter what you do, if you've got an IT company doing your stuff and you only call them when things are broken, there's a much more profitable way to do that. You're spending more money.  So there are benchmarks in industries, right? Basically, the research—and these aren't numbers we made up, this is legitimate research from many independent sources—says the average professional service provider, like law firms, accounting firms, healthcare providers, and on and on, should be spending 6 to 12% of their revenue on IT and cybersecurity. And that's everything. I'm talking servers, wiring, cloud, security, defense—all of those things should be 6 to 12%. We know that. That's the way it works. So when we engage with a prospect and find out they're only spending 3 or 4%, then I already know they have gaps. I don't even have to do an assessment to see what they're not doing.  They're either not getting a return on investment, or they're not secure. That's it. If all the accounting firms are spending 6%, and you're only spending 4%, don't just pat yourself on the back. That's one of those moments where you should ask, “What am I missing?” Because I do that often. Someone on the management team will come up with an idea, and we all agree. Well, that's a red flag for me. I want to know: what are we missing? If we all agree on this, is there some gotcha or something we haven't uncovered? And those are some of the things we try to educate our clients on. They don't have to tell us their revenue. I can give them the numbers. I can do the math. I can show them the numbers for something like laptop replacement. Maybe it's $1,000 to $3,000 depending on the industry. If the employee using that laptop is making $100,000 a year, why are you trying to squeeze another year out of a $2,000 investment when it's hurting productivity by 10% or more? Yeah. That’s a no-brainer.  Yeah. It should be.  Yeah. It's not just in IT. I had a client years ago in civil engineering, and they had a rule that they would never keep equipment longer than four years. And they were selling equipment that still looked brand new. And I asked them, “Why are you doing this? It seems like this equipment still has a lot of life left in it. Why are you selling it or giving it back to the lease company?” And he said, “We did the math, and we figured out that this is the optimal time to replace it.” If they got rid of the equipment at that point, they wouldn't have to deal with fixing it. There would be less disruption. They would stay state-of-the-art all the time. And their clients would be impressed. And it actually worked for them. It was a high-margin civil engineering firm.  Precisely. I mean, we're so tuned into that that we're a Mac house. We all use Macs. We all have laptops, and we all have setups with screens at home and in the office. We spare no expense on that. If somebody wants an extra screen for their house—alright, here it is. We'll order it and get it there for you. We're so tuned into that, that we went all Mac back when they were still Intel Macs. And I don't know how much you know about Macs, but they were…  I have a couple. Okay. Yeah, we're Mac people too. Yeah, so they were running Intel processors. Well, Apple decided to build their own processor and moved to the M-chip. And so I bought an M1, and it was like, holy cow, everybody in the company has got to have one of these. And I don't think there was a single one more than two years old at that time. So we replaced them all. Now, the M-series generations themselves—M1, M2, M3, and on—those changes aren't as dramatic as going from Intel to the first M-series chip. But it's still unusual. I said two years, but there are probably people right now with a three-year-old laptop. But we definitely trade them in. That's where the sweet spot is on trade-in value. We rotate them every two to three years and they're out. I think mine is maybe a year old, but I'll probably keep this one for a couple more years.  By the way, you're the first IT company and MSP I've met that doesn't use PCs—you use Macs. Yeah. And I long had this theory that all the IT companies I worked with were always anti-Mac, and I never understood why. And when I got my first Mac, I realized I actually didn't need them anymore since I had the Mac.  Yeah, that's kind of funny because it really started with me during Covid. It may not have been seven years now, but whatever it was, it kind of started with Covid. And for years I was a PC guy. I tried Macs briefly back in the old MacBook days—you know, the white plastic ones? Whatever that was, 15 or more years ago.  Yeah. Classic. Very classic.  Yeah. But what I kept trying to do with a Windows laptop—and I like Dell, I had Dell XPSs, good Dell computers, and we're a Dell partner— What I could never get a Windows computer to do was seamlessly come off a docking station and then plug into another monitor at my house. It would always blue screen or something. So when I went back to a Mac, I was like, “Holy cow, it doesn't break. It doesn't mind being unplugged from a docking station. It just works.” Yeah.  And then all the other things—that they're generally built better, they have a longer lifespan, and they hold their resale value longer, and all of that. Even as old as I was, I forced myself to really get proficient at using a Mac. And when we sent everybody home during Covid, I said, “Well, everybody's going Mac.” And, oh, there was a revolt. And I said, “Just give it a few months.”  Yeah.  About half the office resisted it. And I said, “You gotta try it because I think you'll like it, and if you don't, then we'll deal with it then.” We had Linux people, PC people. So then I said, “Well, maybe we should open it up and let people pick what they want.” Yeah, I love it. Yeah. So our time is coming to an end, but if someone is running on Mac and they're finally talking to an IT service company that's not anti-Mac, and they want to connect with you immediately, where should they go and where can they learn more about Kirkham IronTech and maybe connect with you personally? The website is the best place to go. It's www.kirkhamirontech.com. Just give us a call, fill out a form, let us know what you're thinking, because we want to know what you're thinking and see if there's a fit with the way we do things. Macs started becoming important with executives. That's where we first started seeing it. So even though they may still have to run Windows, the owners and executives wanted to carry Macs for the very reasons I mentioned. So we're perfectly happy with that.  Yeah. Okay. Very good. So if you're listening to this and you enjoyed hearing about how to make your IT work—how to increase ROI, make sure you're doing cybersecurity right, and implement governance so you can use IT as a strategic tool to run your business better—then definitely reach out to Tom Kirkham. Or stay tuned to this show, because you're going to hear from other entrepreneurs who are very smart about business. And preferably do both. Tom, thank you for coming and sharing your wisdom, and thank you for listening.  Oh, it’s been my pleasure, Steve. Important Links: Tom's LinkedIn Tom's website

The Weekly Option trading podcast Episode 428 May 22, 2026 Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike. The topic of the week is using technical analysis. In this week's show, we will cover the trades from last week on Richtech Robotics, SELLAS Life Sciences Group, Hewlett Packard Enterprise, and Lumen Technologies. And we discuss four new trades on T1 Energy, Virgin Galactic Holdings, Ford Motor Company, and Marathon Digital Holdings. The equity markets finished the week higher, with both indexes closing at new weekly highs. The Dow Jones Industrial Average jumped 1,053 points higher, closing at 50,579 points. The S&P 500 Index grew nearly 65 points, ending the week at 7,473 points. It's always great to hear from listeners. If you have any questions about the trades presented here or about your own positions, feel free to email me. Email questions to me: eric@theweeklyoption.com Visit our YouTube Channel for The Weekly Option.com. PODCAST LINKS FOR EPISODE POST Listen on iTunes:  https://itunes.apple.com/us/podcast/the-weekly-option/id1375267155 Listen on YouTube Music:  https://music.youtube.com/channel/UCTo2yTkZPhqvlE8PdZkyTZA Listen on Spotify: https://open.spotify.com/show/6HoYh2XxVCWaidJP4dJiSD Listen on Audible by Amazon: https://www.audible.com/podcast/The-Weekly-Option/B08K57QL6S?language=en_US Listen on PodBean: https://www.podbean.com/podcast-detail/r5aam-6a884/The-Weekly-Option-Podcast YouTube Channel: https://goo.gl/u7JKJd Option Trading Basics: My Favorite Strategies: https://youtu.be/8UmPK5tuez0 How to Trade Stock Using Technical Analysis: https://youtu.be/wAATt0RpE0w Technical Analysis Videos: https://www.youtube.com/channel/UCnpPLl3EB_RBC5kyrCnsHow TradingView Stock Charts For Analysis: https://www.tradingview.com/gopro/?share_your_love=TraderEric

In this solo episode of Million Dollar Flip Flops, Rodric breaks down what he believes is the single biggest killer of business growth — and it's not the economy, interest rates, or competition.It's comfort.Not the early struggle. Not obvious failure.It's that quiet, sneaky place where:Revenue looks good on paperLife feels “manageable”Survival isn't on the line anymore…and growth stops being necessary, so it quietly becomes optional.Rodric shares:Why most builders don't stall because they fail — they stall because they succeed just enoughHow comfort kills ambition in the same way it killed empires (yes, including Rome)Why your why has to evolve from survival → stability → lifestyle → something biggerWhy “optional growth” will always lose to comfortHow all business problems are ultimately human problemsWhy he still coaches even after selling his last company (and how it ties directly to SASLA & impact)You'll also hear stories about the Roman Empire, Henry Ford, and the subtle way comfort erodes standards, responsibility, discipline — and eventually, your edge.This episode is a gut check for any builder or entrepreneur who's doing 2, 3, even 10 million a year… and feels like life looks good on paper, but something inside knows they're coasting.

What does it actually mean to "recession-proof" your future in a world shaped by economic instability and AI-driven disruption?In this episode of the Hire Yourself Podcast, Pete Gilfillan unpacks the difference between perceived stability and real control. After nearly two decades in corporate America at companies like Ford Motor Company and Terex, Pete learned a hard truth: strong performance doesn't guarantee long-term security. A separation package from Ford—despite being a top performer—was the pivotal moment that pushed him toward franchise ownership and a new definition of career resilience.Pete makes the case for owning businesses in essential, need-based industries that hold up regardless of economic conditions. He also addresses the growing impact of AI on white-collar careers and why many executives are turning their attention toward service-based and blue-collar industries that are harder to automate.Key themes include:Corporate stability vs. actual controlWhy need-based businesses weather economic cyclesHow franchising offers a proven path into entrepreneurshipAI's impact on white-collar employmentBuilding long-term legacy through ownershipThe core takeaway: recession-proofing isn't about fear—it's about positioning yourself in business models that offer durability and control. If you've been questioning corporate life or exploring ways to secure your financial future, this episode offers a practical perspective on building resilience through franchise ownership.CONNECT WITH PETE GILFILLAN:

Thanks to our Partners, NAPA TRACS, Today's Class, KUKUI, and Pit Crew Loyalty Watch Full Video Episode Host Carm Capriotto is joined by shop owners Craig Noel, Brett Beachler, and Tom Palermo for an important discussion on how “The Rise of the Specialist” is moving from idea to implementation inside automotive repair shops across the industry. Written by Carm Capriotto, “The Rise of the Specialist” is a growing movement and declaration designed to elevate the language, image, professionalism, and culture of the automotive service industry. In this episode, the panel shares how they are actively implementing “The Rise” within their own businesses, from changing terminology and redefining job titles to elevating customer communication, shop presentation, and team culture. The conversation highlights the real-world challenges and successes of shifting away from outdated labels like “mechanic,” “wrench,” and “technician” and embracing the more professional and accurate title of “specialist.” Carm explains that this movement is more than a branding exercise; it is a professional evolution aimed at helping the industry better reflect the expertise required to service today's highly advanced vehicles. Modern automotive professionals are diagnosticians, calibration experts, technology specialists, and problem-solvers operating in one of the most sophisticated skilled professions today. Throughout the discussion, the shop owners explain how adopting the language and principles of “The Rise” has strengthened team pride, improved customer trust, and helped create a more professional identity within their organizations. The panel also explores how service advisors play a key role in communicating the value of diagnostics, testing, and specialist-level expertise to clients in a way that builds understanding and confidence. The episode draws powerful comparisons to professions like medicine and culinary arts, emphasizing that automotive specialists deserve the same respect given to highly trained experts in other industries. Just as chefs and medical specialists earn recognition through mastery and continuous education, today's automotive professionals must also be seen as specialists whose expertise protects the safety and reliability of every vehicle entrusted to them. “The Rise of the Specialist” has already gained momentum throughout the industry. Carm's signature keynote, The Rise of the Specialist, has been delivered to influential audiences across North America, including the ASE Board of Governors, Ford Motor Company, and hundreds of forward-thinking automotive professionals. What You'll Learn Why “The Rise of the Specialist” was created and what it representsHow shop owners are implementing “The Rise” in their businessesWhy the industry must move beyond outdated titles like “technician” and “mechanic”How language shapes customer perception, professionalism, and team cultureThe role service advisors play in explaining specialist-level diagnostics and repairsHow hospitality, presentation, and communication strengthen customer trustWhy this movement can help attract the next generation of automotive professionals This episode demonstrates that “The Rise of the Specialist” is no longer just a concept; it is becoming a real cultural shift within the automotive industry. By adopting language that reflects expertise, elevating professionalism throughout the customer experience, and embracing the identity of the specialist, shop owners are helping reshape how the industry sees itself and how the world sees it. Download 'The Rise of the Specialist': https://remarkableresults.biz/rise Craig Noel, 

Chris Holman welcomes back Glenn Stevens, Jr., Executive Director of MichAuto and the Chief Automotive and Innovation Officer at the Detroit Regional Chamber, Detroit, MI. Welcome back, Glenn. A popular day in your annual cycle was earlier this week, recap how Automobility Day at the Capitol went? What are the top priorities emerging from the Automobility Policy Roadmap that business leaders should be preparing for now? How can Michigan's automotive companies better align with state policymakers to stay competitive during this election cycle? What specific policy changes would have the greatest immediate impact on growth and investment in Michigan's mobility sector? How are industry leaders balancing innovation—like EVs and mobility tech—with current economic and regulatory pressures? What does being named Legislator of the Year signal to businesses about the state's future direction on automotive policy? (and who got that honor this year)? » Visit MBN website: www.michiganbusinessnetwork.com/ » Watch MBN's YouTube: www.youtube.com/@MichiganbusinessnetworkMBN » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/ On April 21, MichAuto hosted its annual Automobility Day at the Capitol, gathering over twenty MichAuto investor companies in Lansing to meet with legislators and connect Michigan's signature industry with policymakers. Throughout the day, conversations centered on the rapid technological change in the industry, fluctuating trade policies, uncertainty around EV adoption and infrastructure, the debate over data center proliferation in the state, and a growing skills gap in the workforce. Against this backdrop, discussions highlighted the urgency of MichAuto's Automobility Policy Roadmap to keep Michigan at the forefront of automotive and mobility innovation. The conversations reinforced a shared responsibility among MichAuto, its investors, and policymakers to collaborate on policy solutions and guide the roadmap's execution over the next decade. Share your input to inform the Policy Roadmap. 2026 Automobility Day at the Capitol 2026 Legislator of the Year MichAuto also honored Sen. John Damoose (R-Harbor Springs) as its 2026 Legislator of the Year, which recognizes a state representative or senator who has made significant contributions to policy that has benefited Michigan's signature industry, while seeking bipartisan consensus. As someone who grew up in the automotive industry and whose father worked at Ford Motor Company, Damoose appreciated every second he got to hear about his dad's day at work, which ultimately laid the foundation for where he is today. Featured Web (18) Reflecting on the Michigan Senate's approval of a $3.5 billion Ford investment to build a battery plant in Marshall, Damoose said, “There is no way in the world I was going to vote against this. This is our industry. This is a quintessential American industry, but it's a quintessential Michigan industry.” He added that supporting this initiative honored his father's legacy at Ford and the industry that shaped Michigan. Key Priorities Discussed Michigan must diversify by building on its core automotive strength, not by turning its back on the industry it created. Michigan needs a long‑term, bipartisan economic development strategy, supported by transparent, reliable, and accessible incentives for startups, suppliers, OEMs, and beyond, providing certainty across political cycles. Dense proximity between OEMs and suppliers is a strategic advantage, reducing risk and cost while accelerating innovation and reinforcing the resilience of Michigan's automotive ecosystem. A strong business climate should benefit the entire economy, and companies must view investment through this lens, not solely individual bottom lines.

Alan Mulally is one of the most effective leaders of his generation. He is the Former President and CEO of Ford Motor Company, where he led the company through an existential crisis and back to profitability. He was also CEO of the commercial airlines division at Boeing, where he led the development of the Boeing 777, the most profitable aircraft in the company's history. He is also on the Board of Directors at the Mayo Clinic, Google and several cutting edge startups. Alan joined host Robert Glazer on ⁠the Elevate Podcast⁠ to talk about his exemplary career, his model of leadership and management, how he led Ford from the brink of disaster, and much more. Check out the resources referenced in this episode ⁠at this link⁠. Thank you to the sponsors of The Elevate Podcast Shopify: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠shopify.com/elevate⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Masterclass: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠masterclass.com/elevate⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Framer: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠framer.com/elevate⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Indeed: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠indeed.com/elevate⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Notion: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠notion.com/elevate⁠⁠⁠ Blinkist: ⁠⁠⁠blinkist.com/elevate⁠⁠⁠ QuickBooks: ⁠⁠⁠quickbooks.com/billpay Learn more about your ad choices. Visit megaphone.fm/adchoices

Story of the Week (DR):Sneaker Company Allbirds Plans to Pivot to A.I. Yes, A.I. MMAfter selling its business for $39 million last month, the company said it planned to buy powerful computer chips and rebrand itself NewBird AI.Allbirds is ditching years of clean and green street credEach share of Class A common stock is entitled to one vote on each proposal and each share of Class B common stock is entitled to ten votes on each proposalClassified: one Class I director to hold office until the 2028 Annual MeetingAI/technology experience on board: ZEROVoting powerCofounder/former CEO/director Joseph Zwillinger (24%)VC dude: B.S. in Industrial Engineering and Operations Research; M.B.A. Wharton; director since 2015Cofounder/former CEO/director Timothy Brown (27%)Former soccer player: B.S. in Design; M.Sc. in International Management; director since 2015 Director Dan Levitan (33%)VC dude: B.A. in history from Duke University and an M.B.A. from Harvard; director since 2016Lead independent director and “effective chairperson” Dick Boyce (4%)VC dude; B.S.E from Princeton and M.B.A. from Stanford; director since 20162 whole womenAlsoSnap blames AI as it lays off 1,000 workersStarbucks launches beta app in ChatGPT to fuel new drink discoveryUS Army Builds First AI Chatbot for Troops, Trained on Live Conflict Data From Iran and Ukraine, Built on Reddit-Style ForumsMeta is making an AI Mark Zuckerberg to talk to employees, report says‘AI Is Our Friend,' Morgan Stanley CEO SaysTrump administration taps automakers to boost weapons production in WWII-style pushSenior U.S. defense officials have held talks about producing weapons and other military supplies with top executives ​of companies includingGeneral MotorsCEO/Chair Mary Barra has spent 2025 and 2026 "cozying up" to the administration. In recent shareholder letters, she has explicitly thanked Trump for his support of the industry and praised his tariff policy for "leveling the playing field."Director Wesley G. Bush: the former CEO of defense giant Northrop Grumman also sits on the board of GE Aerospace, acting as a major link to the administration's military expansion goals.Two weeks prior to his resignation as CEO, a scathing independent review outlined the 14-year delay, 19x budget overrun ($800M), and numerous human errors made by Northrop Grumman in the construction of the James Webb Space Telescope, which led to Wes testifying before congressGM donated $1 million to the 2025 inauguration and supplied the official presidential motorcade vehicles, continuing their long-standing traditionFord MotorCEO Jim Farley has been described as a frequent caller to President Trump. In January 2026, Trump was caught on a live mic during a Michigan factory tour claiming Farley calls him "all the time" to push for the repeal of environmental "garbage" (EPA regulations).Chair William Clay (Bill) Ford Jr.: has maintained what he calls a "great relationship" with President Trump since the 2024 election. In January 2026, he personally hosted Trump at the Ford Rouge Center in Dearborn, where they toured F-150 production lines.Ford Motor Company was one of the first major corporations to "line up" for the 2025 inauguration. The company donated $1 million to the Trump-Vance Inaugural Committee and provided a fleet of vehicles for the ceremony's transportation needsDirector Jon Huntsman Jr. served as Trump's Ambassador to Russia during his first term.GE AerospaceCEO/Chair Larry Culp has a very direct win-win relationship with the administration. In May 2025, Culp accompanied President Trump on a high-stakes trip to the Middle East.During that trip, Trump helped broker a $96 billion order from Qatar Airways for Boeing jets, which will be powered exclusively by GE engines.Culp was seen side-by-side with Trump in Doha celebrating the deal.Director Wesley G. Bush: the former CEO of defense giant Northrop Grumman also sits on the board of GM, acting as a major link to the administration's military expansion goals.OshkoshDirector David Perkins: a retired 4-star General and former commander of the U.S. Army Training and Doctrine Command (TRADOC)U.S. tech companies ramp up government lobbying amid Iran war uncertaintyNetflix Chair Reed Hastings to Leave Board in June The founder is stepping aside to focus on his philanthropic effortsSarandos or Peters or Hoag?Average Frequency 2004: approximately 5 to 6 discs per month per subscriberToday: Monthly Average: This adds up to about 31 to 32 hours per month.The "Browsing" Tax: Interestingly, data shows that the average user spends about 18 minutes per day just scrolling through the menu before actually hitting "play." If you include that, people are "using" the app for nearly 40 hours a monthPopulist math time: that's 6570 minutes=109.5 hours=4.6 daysAccording to the latest data from the U.S. Bureau of Labor Statistics (BLS) for March/April 2026, the average hourly wage in America is: $37.38 per hour=$4093.11Average US minimum wage is $11.60=$1270.20IBM folds to Trump anti-DEI push, admits no misconduct but pays $17M penalty3 (of 14) women with 11% total influence: no leadership positions21 execs/5 women: 3 are Assistant General Counsel, Chief Human Resources Officer, Chief Legal OfficerWhite House study says DEI policies cost US economy by promoting unqualified managersGoodliest of the Week (MM/DR):DR: Oil prices may be falling, but for the wrong reason: ‘Demand destruction' throttling global consumptionEuropean Airlines Face Fuel Shortages Within WeeksDR: Karen S. Carter Named Dow CEO; Number Of Black Women Running Fortune 500 Companies Now At 2MM: Big grid batteries are finally on a roll in New EnglandAssholiest of the Week (MM):There is one asshole of the week - protection from liability. Here are the incarnations.Security: We're in a new era of heightened CEO safety measures, security pros sayStarbucks Mandates CEO Private Jet Use After Security ReviewMeta spends more guarding Mark Zuckerberg than Apple, Nvidia, Microsoft, Amazon, and Alphabet do for their own CEOs—combinedFriday's attack on Sam Altman's house underscores a growing worry for some CEOs: safety at homeSnap paid $2.8 million for CEO and cofounder Evan Spiegel's personal securityAlphabet paid $8.3 million for CEO Sundar PichaiMusk = $2.4mHuang = $2.2mTech billionaires seem to be doom prepping. Should we all be worried?Reid Hoffman, the co-founder of LinkedIn, has talked about "apocalypse insurance".Security costs are directly correlated to how much we hate the CEOs - this is not a mistake, literally these people are the ones who take advantage of employees and customers, ruin the free world, destroy everything they touch and make billions doing itI never need to make an asshole list again - I just need to identify what company pays the most for security for their CEODamion's prediction of a corporate nation state is close - small armies, bubbles and islands, no accountability?Social Media: Meta vows appeal of 'landmark' social media verdicts, warns of free speech erosionSo now Meta is arguing that the teen in California was harmed by the content, which is protected by section 230, so Meta can't be liable. But the teen argued that the DESIGN of Meta social media was the problem, NOT the content, and that's how they wonMeta and Google lost because of content recommendations, not content - the recommendations are entirely in the control of Meta and GoogleMeta is effectively now arguing that algorithmic delivery is free speech - but they talk out of the other side of their mouths when coddling Trump and conservatives, because if algorithm is free speech here, it means content moderation IS ALSO FREE SPEECH since the algorithm IS MODERATIONIf Meta wins on appeal, it means that the social media companies can never be liable for anything - not the product design, not the content - it is the ultimate coup, there would be nothing you could possible sue them forNew study shows just how Facebook's algorithm shapes conservative and liberal bubblesLegislation: Bill Cunningham, Illinois State Rep DROpenAI Backing Law That Protects It When AI Causes Mass Deaths and Other MayhemAnthropic Opposes the Extreme AI Liability Bill That OpenAI BackedProvides that a developer of a frontier artificial intelligence model shall not be held liable for critical harms caused by the frontier model if the developer did not intentionally or recklessly cause the critical harms and the developer publishes a safety and security protocol and transparency report on its website. Provides that a developer shall be deemed to have complied with these requirements if the developer: (1) agrees to be bound by safety and security requirements adopted by the European Union; or (2) enters into an agreement with an agency of the federal government that satisfies specified requirements. Sets forth requirements for safety and security protocols and transparency reports. Provides that the Act shall no longer apply if the federal government enacts a law or adopts regulations that establish overlapping requirements for developers of frontier models."Critical harm" means the death or serious injury of 100 or more people or at least $1,000,000,000 of damages to rights in property caused or materially enabled by a frontier model, through either: (1) the creation or use of a chemical, biological, radiological, or nuclear weapon; or (2) engaging in conduct that: (A) acts with no meaningful human intervention; and (B) would, if committed by a human, constitute a criminal offense that requires intent, recklessness, or negligence, or the solicitation or aiding and abetting of such a crime.Headliniest of the WeekDR: Amazon Accused of Hiding Worker's Death for a Week, Making Employees Keep Working as Corpse Lay on FloorDR:374Water Reappoints Richard "Rick" Davis to the Company's Board of Directors AND CMC Announces Appointment of Michael 'Mike' Dumais to Board of Directors AND Regis Corporation Announces Appointment of William “Bill” Charters as Independent DirectorMM: ChatGPT's “Honest Reaction” to a “Song” Composed Entirely of Gas-Passing Noises Will Make You Question Whether It's Honestly Evaluating Your Other Brilliant IdeasWho Won the Week?DR: Wesley BushMM: Anyone who wants to cause “critical harm” to societyPredictionsDR: Wharton creates two new MBA courses inspired by Allbirds: MKTG 655: Consumer Gaslighting & The Algorithmic Pivot and MGMT 910: Advanced Failing UpwardsMM: In 2027, Reed Hastings will be elected as an independent director at Netflix

Fresh off raising a monster $15B, Marc Andreessen has lived through multiple computing platform shifts firsthand, from Mosaic and Netscape to cofounding A16z. In this episode, Marc joins swyx and Alessio in a16z's legendary Sand Hill Road office to argue that AI is not just another hype cycle, but the payoff of an “80-year overnight success”: from neural nets and expert systems to transformers, reasoning models, coding, agents, and recursive self-improvement. He lays out why he thinks this moment is different, why AI is finally escaping the old boom-bust pattern, and why the real bottleneck may be less about models than about the messy institutions, incentives, and social systems that struggle to absorb technological change.This episode was a dream come true for us, and many thanks to Erik Torenberg for the assist in setting this up. Full episode on YouTube!We discuss:* Marc's long view on AI: from the 1980s AI boom and expert systems to AlexNet, transformers, and why he sees today's moment as the culmination of decades of compounding technical progress* Why “this time is different”: the jump from LLMs to reasoning, coding, agents, and recursive self-improvement, and why Marc thinks these breakthroughs make AI real in a way prior cycles were not* AI winters vs. “80-year overnight success”: why the field repeatedly swings between utopianism and doom, and why Marc thinks the underlying researchers were mostly right even when the timelines were wrong* Scaling laws, Moore's Law, and what to build: why he believes AI scaling laws will continue, why the outside world is messier than lab purists assume, and how startups can still create durable value on top of rapidly improving models* The dot-com crash and AI infrastructure risk: Marc's comparison between today's AI capex boom and the fiber/data-center overbuild of 2000, plus why he thinks this cycle is different because the buyers are huge cash-rich incumbents and demand is already here* Why old NVIDIA chips may be getting more valuable: the pace of software progress, chronic capacity shortages, and the idea that even current models are “sandbagged” by supply constraints* Open source, edge inference, and the chip bottleneck: why Marc thinks local models, Apple Silicon, privacy, trust, and economics all point toward a major role for edge AI* American vs. Chinese open source AI: DeepSeek as a “gift to the world,” why open models matter not just because they're free but because they teach the world how things work, and how open source strategies may shift as the market consolidates* Why Pi and OpenClaw matter so much: Marc's claim that the combination of LLM + shell + filesystem + markdown + cron loop is one of the biggest software architecture breakthroughs in decades* Agents as the new “Unix”: how agent state living in files allows portability across models and runtimes, and why self-modifying agents that can extend themselves may redefine what software even is* The future of coding and programming languages: why Marc thinks software becomes abundant, why bots may translate freely across languages, and why “programming language” itself may stop being a salient concept* Browsers, protocols, and human readability: lessons from Mosaic and the web, why text protocols and “view source” mattered, and how similar principles may shape AI-native systems* Real-world OpenClaw use: health dashboards, sleep monitoring, smart homes, rewriting firmware on robot dogs, and why the most aggressive users are discovering both the power and danger of agents first* Proof of human vs. proof of bot: why Marc thinks the internet's bot problem is now unsolvable via detection alone, and why biometric + cryptographic proof of human becomes necessaryTimestamps* 00:00 Marc on AI's “80-Year Overnight Success”* 00:01 A Quick Message From swyx* 01:44 Inside a16z With Marc Andreessen* 02:13 The Truth About a16z's AI Pivot* 03:29 Why This AI Boom Is Not Like 2016* 06:33 Marc on AI Winters, Hype Cycles, and What's Different Now* 10:09 Reasoning, Coding, Agents, and the New AI Breakthroughs* 12:13 What Founders Should Build as Models Keep Improving* 16:33 AI Capex, GPU Shortages, and the Dot-Com Crash Analogy* 24:54 Open Source AI, Edge Inference, and Why It Matters* 33:03 Why OpenClaw and PI Could Change Software Forever* 41:37 Agents, the End of Interfaces, and Software for Bots* 46:47 Do Programming Languages Even Have a Future?* 54:19 AI Agents Need Money: Payments, Crypto, and Stablecoins* 56:59 Proof of Human, Internet Bots, and the Drone Problem* 01:06:12 AI, Management, and the Return of Founder-Led Companies* 01:12:23 Why the Real Economy May Resist AI Longer Than Expected* 01:15:53 Closing ThoughtsTranscriptMarc: Something about AI that causes the people in the field, I would say, to become both excessively utopian and excessively apocalyptic. Having said that, I think what's actually happened is an enormous amount of technical progress that built up over time. And like for, for example, we now know that neural network is the correct architecture.And I, I will tell you like there was a 60 year run where that was like a, you know, or even 70 years where that was controversial. And so, so the way I think about what's happening is basically, I think, I think about basically the, the, the period we're in right now is it's, I call it 80 year overnight success, right?Which is like, it's an overnight success ‘cause it's like bam, you know, chat GPT hits and then, and then oh one hits, and then, you know, open claw hits and like, you know, these are open, these are, these are like overnight, like radical, overnight transformative successes, but they're drawing on an 80 year sort of wellspring backlog, you know, of, of, of, of ideas and thinking it's not just that it's all brand new, it's that it's an unlock of all of these decades of like very serious, hardcore research.If I were 18, like this is a hundred, this is what I would be spending all of my time on. This is like such an incredible conceptual breakthrough.swyx: Before we get into today's episode, I just have a small message for listeners. Thank you. We will not be able to bring you the ai, engineering, science, and entertainment contents that you so clearly want if you didn't choose to also click in and tune into our content.We've been approached by sponsors on an almost daily basis, but fortunately enough of you actually subscribed to us to keep all this sustainable without ads, and we wanna keep it that way. But I just have one favor to ask all of you. The single, most powerful, completely free thing you can do is to click that subscribe button.It's the only thing I'll ever ask of you, and it means absolutely everything to me and my team that works so hard to bring the in space to you each and every week. If you do it, I promise you will never stop working to make the show even better. Now, let's get into it.Alessio: Hey everyone, welcome to the Lidian Space Pockets. This is CIO, founder Kernel Labs, and I'm joined by s Swix, editor of Lidian Space.swyx: Hello. And we're in a 16 Z with a, uh, mark G and welcome.Marc: Yes, yes. A and what, half of 16? Something like that. A one. Exactly,swyx: exactly. Uh, apparently this is the, the final few days in your, your current office.You're moving across the road.Marc: Uh, we're, yeah. We have a, we have some, we have some projects underway, but yeah, this is actually, oh, this is the original. We're in actually the original office. We're in the, we're in the, we're, we're in the whole thing.swyx: It's beautiful. Yeah. Great.Marc: Thank you.swyx: So I have to come out, uh, this is a, you know, I wanted to pick a spicy start in October, 2022.I just made friends with Roone and, uh, I wanted to give him something to sort of be spicy about. And I said, uh. Uh, it'll never not be funny. The A 16 Z was constantly going. The future is where the smart people choose to spend their time and then going deep into crypto and not in ai. And that was in October 22nd, 2022.And Ruen says there was an internal meeting in a 16 Z to reorient around Gen ai. Obviously you have, but was there a meeting? What, what was that?Marc: I mean, I don't, look, I've been doing AI since the late eighties.swyx: Yeah.Marc: So I, I don't know, like all that, as far as I'm concerned, this stuff is all Johnny cum lately.Yeah. You, I mean, look, we've been doing ar entire existence. I mean, we've been doing AI machine learning deep, you know, deeply. We've been doing this stuff way from the beginning. Obviously a AI is just core to computer science. I, I, I actually view them as like quite, uh, quite continuous. Um, you know, Ben and I both have computer science degrees.Um, you know, we, we both, Ben, Ben and I actually both are world enough to remember the actual AI boom in the 1980s. Yeah. There was like a, there was a big AI boom at the time. Um, and there was a, was names like expert systems. Um, and they of like lisp and lisp machines. Uh, I, I coded in lisp. I was coding a lisp in 1989.When that was the, the language of the AI future. Um, yeah. So this is something that we're like completely, you completely comfortable with. I've been doing the whole time and are very enthusiastic aboutswyx: is there a strong, like this time is different because, uh, my closest analog was 20 16 17. It was an AI boom.Mm-hmm. And it petered out very, very quickly. Um, we, it just, it just in terms of investingMarc: sort of, sort of,swyx: yeah. Investment, investment excitement.Marc: Although that's really when the, the, the Nvidia phenomenon really, it was, I would say it was in that period when it was very clear that at, at the time it, the vocabulary was more machine learning, but it, it was very clear at that time that machine learning was hitting some sort of takeoff point.Alessio: Yeah.Marc: Well, and as you guys, you guys have talked about this at length on, on your thing, but, you know, if you really track what happened, I think the real story is, it was, it was the Alex net, uh, basically breakthrough in like 2013. That was the, that was the real knee in the curve. Um, and then it was obviously the transformer breakthrough in 17.Alessio: Yeah.Marc: Um, and then everything that followed. But, but, you know, look, machine learning, you know, there were, you know, look, uh, I mean look, I've been working, you know, I've been working with, uh, one of my, you know, kind of projects working with Facebook since 2004. Um, and on the board since 2007, and of course, you know, they, they started using machine learning very early, um, and, you know, have used it basically, you know, for like 20 years for, you know, content, you know, feed optimization and advertising optimization.And obviously many, you know, financial services. You know, many, many, many companies, many different sectors have been doing this. And so it's like one of these things, it's like, it's not a, it's not a single thing. Like it's, it's like, it's like layers, right? Yeah. Um, and, and the layers arrive at different paces and, but they kind of build up.swyx: Yeah.Marc: Uh, they kind of build up over time and then, and then, yeah. And then look, in retrospect, it was 2017 was kind of the, you know, the key, the key point with the trans transformer and then. And then as you guys know, there was this really weird like four year period where it's like the, the transformer existed and then it was just like,swyx: let's go.Yeah.Marc: Well, but, but it was just, but, but between 2020, but between 2017 and 2021, I mean, that was the era of which like companies like Google had internal chat Botts, but they weren't letting anybody use them.swyx: Yeah.Marc: Right. And then, you know, and then OpenAI developed Chat GT or GPT two, and then they told everybody, this is way too dangerous to deploy.Right. Yeah. You know, we can't possibly let normal people, normal people use this thing. And then you, you guys, I'm sure remember AI Dungeon, um mm-hmm. So the o for, there was like a year where like the only way for a normal person to use GP T three was in, in AI dungeon.Alessio: Yeah.Marc: And so you, you, we would do this, you'd go in there and you'd pretend to play Dungeons and Dragons.In reality, you're just trying to talk to talk to GPT. And so there was this, you know, there was this long, you know, and I, you know, the big, big companies, you know, big companies are cautious and, you know, the big companies were cautious. It, it, by the way, it took open ai. You know, they, they, they talk about this, it took open AI time to actually adjust, you know, kind of re redirect their researchswyx: path.I, I think, uh, let say Rosewood, right? Uh, the, the dinner that founded OpenAI was right there.Marc: Right, right. But that, that dinner would've taken place in 20swyx: 18Marc: 19. The formation of OpenAI Uhhuh as late as 2018.swyx: Uh, uh, sorry. Uh, no, I'm, I'm, I'm, I'm wrong. Probably It should be 20. Yeah. They just celebrated a 10 year anniversary, so it it is 2025.Yeah, so, so 2015?Marc: Yeah. 2015. Yeah. 2015. But then, uh, um, Alec Radford did G PT one in what, probablyswyx: mm-hmm. 17, 18,Marc: yeah. 17, 18. So it, yeah. For, and then, and then they didn't really, and then GPT three was what? 2020? 2020.swyx: 2020.Marc: Because that became copilot immediately. Even open ai, which has been, you know, the leader of, of this thing in the last decade, you know, e even they had to adapt and, and, and lean into the new thing.And so. Um, yeah, I, I think it's just this process of basically sort of wave after wave layer after layer, you know, building on itself. And then you kind of get these catalytic moments where, where the whole thing pops and, and obviously that's what's happening now.swyx: Is it useful to think about will there be any ai, winter?‘cause there's always these patterns. Like, is this, in the summer is something I constantly think about because do I get, do I just like. Just get endlessly hyped and just trust that I will only be early and never wrong or right. Well, are we, will there be a winter?Marc: So there's something about, say the following.There's something about AI that has led to this repeated pattern. Um, and, and, and you guys know this,swyx: it's summer, winter, summer,Marc: winter, summer, winter, summer, winter. And it goes back 80 years. Yeah. 80 years. Uh, so the original neural network paper was 1943. Right. Which is, which is amazing. Uh, that it was, it was far back that long.And then there was you, if you guys have ever talked about this on your show, but there was this, uh, there was a big, uh, there was an a GI conference at Dartmouth University in 1950. 55. 55, yeah. And they got a NSF grant to, uh, for the, all the AI experts at the time to spend the summer together. And they figured if they had 10 weeks together, they could get a GI, uh, at the other end.And they got their, by the way, they got the grant, they got the 10 weeks and then, you know, 1955, you know. No, no. A GI. And like I said, I, I lived through the eighties version of this where there was a big, a big boom and a crash. And so, so there is this thing, and there, there is something about AI that causes the people in the field, I would say, to become both excessively utopian and excessively apocalyptic.Um, and, and it's probably on both sides of like the, the, the boom bus cycle. You, you kind of see that play out. Having said that, I think what's actually happened is like just, and you know, and we now know in retrospect like an enormous amount of technical progress that built up over time. And like for, for example, we now know that neural network is the correct architecture.And I, I will tell you like there was a 60 year run where that was like a, you know, or even 70 years or that was controversial. And, and we now know that that's the case. And so we, we now, you know, everything we're building on today just sort of derives from the original idea in 1943. And so, so in retrospect, we, we now know that like, these, these guys are right.They, they, you know, they would get the timing wrong and they thought, you know, capabilities would arrive faster, or they were, it could be turned into businesses sooner or whatever, but like, they were fundamentally, the, the scientists who worked on this over the course of decades were fundamentally correct about what they were doing.And, and the, and the payoff from, from, from all their work is happening now. And so, so the way I think about what's happening is basically, I think, I think about basically the, the, the period we're in right now is it's, I call it 80 year overnight success, right? Which is like, it's an overnight success.‘cause it's like bam, you know, chat, GPT hits and then, and then oh one hits, and then, you know, open claw hits and like, you know, these are open, these are, these are like overnight, like radical, overnight transformative successes, but they're drawing on an 80 year sort of wellspring backlog, you know, of, of, of, of ideas and thinking it's not just that it's all brand new, it's that it's an unlock of all of these decades of like very serious, hardcore research.Um, and thinking, and look, there were AI researchers who spent their entire lives. They got their PhD. They, they worked for, they've researched for 40 years. They retired in a lot of cases, they passed away and they never actually saw it work.swyx: Yeah. It's all sad.Marc: It is. It is sad. It's sad. Knewswyx: Jeff Hinton was like the last guy.Marc: Yeah. Yeah. Well, there were the guys, uh, was a guy, Alan Newell. I mean, there's tons of John McCarthy. You know, John McCarthy was like one of the inventors in the field. He's one of the guys who organized the Dartmouth Conference and you know, he taught at Stanford for 40 years. Wow. And passed, you know, passed away, I don't know, whatever, 10, 10 years ago or something.Never, never actually go. Got to see it happen. But like, it is amazing in retrospect, like, these guys were incredibly smart and they worked really hard and they were correct. So anyway, so then it's like, okay, you know, say history doesn't repeat, but it rhymes. It's like, okay, does that mean that there's gonna be another, like, you know, basically boom buzz cycle.And I, I will tell you, like, let, like in a sense, like yes, everything goes through cycles and, you know, people get overly enthusiastic and overly depressed and there's, there's a time, there's a timelessness to that. Having said that, there's just no question. Um, so the form, the foremost dangerous words in investing this time are, this time is different.Do you know the 12 most dangerous words investing? No. The four most d foremost dangerous words in investing are this time is different. Yeah. Um, the 12 most dangerous words. And so like, I'll tell you what's different. Like now it's working like, like there's just no, I mean, look, there's just no question.And by the way, I, I'll just give you guys my take. Like L LLMs, like from, from basically the Chad G PT moment through to spring of 25. I think you could still, I think well intention, well, and of. Form skeptics could still say, oh, this is just pattern completion. And oh, these things don't really understand what they're doing.And you know, the hall hallucination rates are way too high. And, you know, this is gonna be great for creative writing and creating, you know, Shakespeare and so sonnets and, you know, as, as rap lyrics or whatever, like, it's gonna be great and all that stuff, but we're not gonna be able to harness this to make this relevant in, you know, coding or in medicine or in law or in, you know, you know, kind of feels that, you know, kind of really, really matter.And I think basically it was the reasoning breakthrough. It, it was oh one and then R one that basically answered that question basically said, oh no, we're gonna be able to actually turn this into something that's gonna work in the real world. And, and then obviously the coding breakthrough over the, over basically the coding breakthrough that kind of catalyzed over the holiday break was kind of the third step in that.Mm-hmm. Where you're just like, alright, if, if, you know, if Linus Tova is saying that the AI coding is no better than he is like. Like, that's, that's never happened before. That's theswyx: benchmark.Marc: Yeah. That's never happened before. And so now we know that it's, it's gonna sweep through coding and, and then, and then we, we know, you know, we know that if it's gonna work in coding, it's gonna work in everything else.Right. It's just then, because that's, that's like, that's like, that's like the hardest in many ways. That's the hardest example. And how everything else is gonna be a, a derivative of that. And then on top of that, we just got the agent breakthrough, you know, with Open Claw, which is fantastic. Which is amazing and incredibly powerful.And then we just got the, the, um, the auto research, uh, you know, the, the self-improvement. You know, we're now into the self-improvement breakthrough. And so the, so the way I think about it is we've had four fundamental breakthroughs in functionality, l OMS reasoning, uh, agents, um, and then, uh, and, and then now RSI, um, and, and they're all actually working.Um, and so I'm, I'm just, as you like, you can tell I'm jumping outta my shoes. Like, like this is, like this is it like this, this is the culmination of 80 years worth of worth of work, and this is the time it's becoming real.Alessio: Yeah.Marc: I, I'm completely convinced.Alessio: I think the anxiety that people feel is like during the transistor era, yet Mors law, and it's like, all right, we understand why these things are getting better.We understand the physics of it. Yeah. With ai, it's. It's so jagged in like the jumps where like, like you said, it's like in three months you have like this huge jump like, and people are like, well this can keep happening. Right? But then it keeps happening,Marc: it'll keep happening.Alessio: And so like how do you think about also timelines of like what's we're building?I think we always have this question with guests, which is like, you know, should you spend time building harness for a model versus like the next model just gonna do it one shot in the lead space. Right. And how does that inform, like how you think about the shape of the technology? You know, you talk about how it's a new computing platform.If you have a computing platform, then like every six months it like drastically changes in what it looks like. It's hard to build companies on top of it.Marc: Yeah. So, so a couple things. So one is like, look, the, the Moore's law was what we now call a scaling law. Like Moore's Law was a scaling law and for your younger viewers, more Moore's Law was every chip chip chips either get twice as powerful or twice as cheap every, every 18 months.And that, and that and that, you know, that it's gotten more complicated in the last few years. But like that, that was like the 50 year trajectory of, of, of the computer industry. And then, and then by the way, and that's what took the mainframe computer from a $25 million current dollar thing into, you know, the phone in your pocket being, you know, a million times more powerful than that.Like that, you know, for, for 500 bucks. And so that, that was a scaling law. And then, and then, and then key to any scaling law, including Moore's Law and the AI scaling laws is, you know, they're not really laws, right? They're, they're, they're, they're predictions, but when they work, they become self-fulfilling predictions because they, they, they, they, they set a benchmark and, and then the entire industry, right?All the smart people in the industry kind of work to make sure that, that, that actually happens. And so they, they kind of motivate the breakthroughs that are required to, to keep that going. And, and in and in chips, that was a 50 year, that was a 50 year run. Right. And it, it was amazing. And it's still happening in, in some areas of, of chips.I think the same thing is happening with the, the core scaling laws. The core scaling laws. In, in, in ai, you know, they're, they're not really laws, but like they, they are basically. There are predictions and then they're motivating catalysts for the research work that is required to be. And, and, and, and by the way, also the investment, uh, dollars, um, uh, you know, required to basically keep, you know, keep the curves going and, and look, it, it is, it's gonna be complicated and it's gonna be variable and they're, you know, there're gonna be walls that are gonna look like they're fast approaching, and then they're gonna be, you know, engineers are gonna get to work and they're gonna figure out a way to punch through the walls.And obviously that's, you know, that's been happening a lot, you know, and then look, there's gonna be times when it looks like the walls have, you know, the, the, the laws have petered out and then they're gonna, they're gonna pick up again and surge and then, and then, and then it, it appears what's happening to the eyes is there's not multiple, you know, multiple scaling laws.Um, there's multiple areas of improvement. And, and I think, you know, I don't know how many more there are already yet to be discovered, but there are probably some more that we don't know about yet. You know, they, like, for example, there's probably some scaling law around, um, world models and robotics that we don't fully understand, you know, kind of acquisition of data at scale in the real world that we don't fully understand yet.So that, that, that one will probably kick in at some point here. There's a bunch of really smart people working on that. Um, and so, yeah, I, I think the expectation is that, that, you know, the, the scaling laws generally are gonna continue. Yeah. The, the pace of improvement will continue to move really fast.Um. To your question on like what to build. So, uh, I'm a complete believer the scaling laws are gonna continue. I'm a complete believer the capabilities are gonna keep getting amazing, um, you know, leaps and bounds. Uh, the part where I kind of part ways a little bit with how, what I would describe as the AI purists, um, you know, which is, which I would characterize as like the people who are.In many ways, the smartest people in the field, but also the people who spend their entire life, like at a lab, um, and have, have, I would say, have very little experience in the outside world. Um, the, the, the nuance I would offer is the outside world of 8 billion people and institutions and governments and companies and economic systems and social systems is really complicated.Um, and, um, and doesn't, you know, it it 8 billion people making collective decisions on planet Earth is not a simple process of like, just like you see this happening now. It's like a bunch of AI CEOs have this thing, which is just like, well, there's just this, they just all have this kind of thing when they talk in public where they're just like, well, there's these, these obvious set of things that so society to do.Alessio: Mm-hmm.Marc: And then they're like, society's not doing any of those things. Right. And it's like, how can society not, you know, what, whatever their theory is, how can society not see x, y, Z? Mm-hmm. And the answer is, well, society is number one. There's no single society, it's like 8 billion people. And they like all have a voice, and they all have a vote, like at the end of the day of how they, they react to change.And then, you know, it just like, it's just human reality is just really complicated and messy. Um, and, and, and so the specific answer to your question is like, as usual, it depends. Um, you know, it, it depends. Look, pe there's no question people are gonna, like, there's no question they're gonna be companies.It's already happening. There are companies that think that they're building value on top of the models and then they're just gonna get blissed by the, by the next model. There's no question that's happening. But I think there's no question also that just the process of adaptation of any technology into the real and into the real messy world of humanity is, is just going to be messy and complicated.It's, it's not going to be simple and straightforward. It's gonna be messy and complicated. And there are gonna be a lot of companies and a lot of products, um, uh, and in, in fact entire industries that are gonna get built to, to, to basically actually help all of this technology actually reach real people.Alessio: The amount of capital going into these companies, I mean, Dario talked about it on the Door Cash podcast and Door Cash was like, why don't you just buy 10 x more GPUs? And he is like, because I'm gonna go bankrupt if the model doesn't exactly hit the, the performance level. How do you think about that?Also as a risk on, you know, you guys are investors, open AI and thinking machines and world apps. It seems like we're leveraging the scaling loss at a pretty high rate, right? Like how comfortable, I guess, do you feel with the downside scenario, like, and say like things Peter out, you think you can kind of like restructure uh, these build outs and uh, you know, capital investments.Marc: Yeah. So should start by saying, so I live through the.com crash, um, and I can tell you stories for hours about the.com crash and it was horrible. No, it was awful. It was, it was, it was apocalyptic by the way. The, a lot of the.com crash was actually at the time, it was actually a telecom crash. It was a bandwidth crash.Like the, the thing that actually crashed, that wiped out all the money with the tele, the telecom companies.swyx: GlobalMarc: crossing. Global, global, yeah.swyx: I'm from Singapore and they, they laid so much cable o over over our oceans.Marc: Actually there was a scaling law in the.com. Era. And it was literally the, the US Commerce Department put out a report in 1996 and they said internet traffic was doubling every quarter.Um, and, and actually in 1995 and 1996, internet traffic actually did double every quarter. And so that became the scaling law. And so what all these telecom entrepreneurs did was they went out and they raised money to build fiber, anticipating that the demand for bandwidth is gonna keep doubling every quarter.Doubling every quarter though is like, you know, grains of chess and the chessboard, like at some point the numbers become extremely large. Right. And, and, and it really, and really what happened was the internet. The internet by the way, continuously kept growing basically since inception. And it's, you know, it's, it's continuously grown.It's never shrunk. And it's grown really fast compared to anything else. Mm-hmm. You know, in, in, in human history. But it wasn't doubling every quarter as of 19 98, 19 99. And so there was this gap in the expectation of what they thought was a scaling law versus reality. And that's actually what caused the.com crash, which was the, it they, they way over companies like global crossing way overbuilt fiber, which is sort of the, and by the way, fiber, telecom equipment, you know, so all the, all the networking gear, you know, and then, and then by the way, the actual physical data centers, like that was the beginning of the, of the, of the data center build and then, and the data center overbuild.And so you had that, but it was, it was literally, I think it was like $2 trillion got wiped out, right? It was like Jesus, it was like a big, it was. And by the way, the other, the other subtlety in it was the internet companies themselves never really had any debt. ‘cause tech, tech companies generally don't run on debt, but the telecom companies run on debt.Physical infrastructure companies run on debt. And so the companies like Global Crossing not just raise a lot of equity, they also raise a lot of debt. So they're highly levered. And so then you just do the thing. It's just like, okay, you have a highly levered thing where you're, you're just over, you're overbuilding capacity.Demand is growing, but not as fast as you hoped. And then boom, bankrupt. Right. And, and then it, and then it's like they say about the hotel industry, which is, it's always the third owner of a hotel that makes money. It has to go bankrupt twice, right? You have to wash out all of the over optimistic exuberance before it gets to actually a stable state.And then it makes money. So by the way, all of those data centers and all of those, all the fiber that they're in use, it's all in use today. Yeah. But 25 years later. But it, it, it took, and actually the elapsed time was, it took 15 years. It took 15 years from 2000 to 2015 to actually fill, fill up all that capacity.The cautionary warning is the, the overbuild can happen. Um, and, and, and, and, you know, you, you get into this thing where basically everybody, everybody who basically has any sort of institutional capital, it's like, wow. It's just, I, I don't know how to invest in these crazy software things. For sure I can put build data centers and for sure I can buy GPUs that I can deploy, you know, compute grids and, and all these things.Um, and so, you know, if you're a pessimist, you could look at this and you could say, wow, this is like really set up to be able to basically replicate, you know, what we went through, what we went through in 2000. Obviously that would be bad. The counter argument, which is the one I I agree with, which is the counter on, on the other side is a couple things.One is the companies that are investing all the, the companies that are investing the money are like the bluest chip of companies. And so back, back, back in the, in the do, like Global Crossing was like a, it was like an entrepreneur. It was like a, a new venture, but like the money that's being deployed now at scale is Microsoft, and, you know, and Amazon and Google, Facebook and Facebook and Nvidia and, you know, these, these, these, and, and now you know, by the way, open ai philanthropic, which are now at like, you know, really serious size, um, you know, as companies with, you know, very serious revenue.These are very large scale companies with like, lots, lots of cash, lots of debt capacity that they've, they've never used. And so th this is institutional in a way that, that really wasn't at the time. And then the other is, at least for now, every dollar that's being put into anything that results in a running GPU is being turned into revenue right away.Like so, and you guys know this, like everybody's starved for capacity, everybody's starved for compute capacity and then, you know, all the associated things, memory and, and, and interconnected and everything else. Um, data center space. And so e every dollar right now that's being put into the ground is turning into revenue.And, and it, and in fact, I actually think there's an interesting thing happening, which is because everybody starve for capacity, the models that we actually have that we can use today are inferior versions of what we would have if not for the supply constraints. That's true. Um, if Right pose a hypothetical universe in which GPUs were 10 times cheaper and 10 times more plentiful mm-hmm.The models would be much better. ‘cause you would just allocate a lot more money to training and you'd just build better models and they would be better. Um, and so we're, we're actually getting the sandbag version of the technology.swyx: Yeah. No. Everything we use is quantized because the, the labs have to keep the, the full versions,Marc: right?swyx: LikeMarc: we're not even getting the good stuff.swyx: Yeah.Marc: But, but getting the good stuff, it's, it's just, even if technical progress stops. Once there's like a much bigger build of like GPU manufacturing capacity and memory, you know, all, all the things that have to happen in the course of the next five or 10 years.Once it happens, even the current technology is gonna get, gonna get much better. And then as you know, like there's just like a million ways to use this stuff. Like there's just like a million use cases for this. Mm-hmm. Like, it, it, you know, this isn't just sending packets across a, a thing, whatever, and hoping that people find something to do with it.This is just like, oh, we apply intelligence into every domain of human activity. And then it works like incredibly well. Yeah. Um. Here's what I know, here's what I know. Um, in the next three or four year, it's like somewhere between three or four years out, basically everything is selling out. So like the, the entire supply chain is, is, is, is sold out or, or, or selling out.And so there, there's no, like, we're just gonna have like chronic supply shortage for, you know, for years to come. Um, there's going to be a response from the market that's gonna result in an enormous, you know, it's happening now. An enormous flood of investment in a new fab capacity and ev you know, every, everything else to be able to do that, at some point the supply chain constraints will unlock, you know, at least to some degree that will be another accelerant to industry growth when that happens.‘cause the products will get better and everything will get cheaper. Um, and so, so I know that's gonna happen. I know that, you know, the deployments, you know, the, the actual use cases are like really compelling. And then, like I said, you know, with reasoning and agents and so forth, like, I know they're just gonna get like much, much better from here.And so I, I, I know the capabilities are like really real and serious. I also know that the technical progress is not going to stop. It. It, it is excel. It is, is accelerating. Like the, the breakthroughs are are tremendous. I mean, even just month over month, the breakthroughs are really dramatic. And so, you know, I think if you were a cynic and there, there are cynics, you can look at 2000, you can find echoes.But I can't even imagine betting it that this is gonna like somehow disappoint and, you know, at least for years to come, I think it would be essentially suicidal to make that bet. Yeah. Um, it was that Michael Burry, uh, uh, that'sswyx: anMarc: interesting guy, huh? We'll pick on a guy. We'll pick, let's pick on one guy.We'll pick. Well ‘cause he did, he he came out with, it was, it was the, heswyx: doesn't mind.Marc: It was the Nvidia short. Right. He came with the Nvidia short. And then if you guys probably talked about this, which is the, the analysis now that like the current models are getting better faster at such a rate that if you are running an Nvidia, if you're running an Nvidia inference chip today, that's three years old, you're making more money on it today than you did three years ago because the pace of improvement of the software is, is faster than the, the, the depreciation cycle, the chip.And then my understanding is Google is running. I don't if they've, I don't know exactly what, uh, these are rumors that I've heard or maybe it's public, but, um, I think Google's running very old TPUs, very profitably. Ference. Yeah. And very profit and very profitably. Yeah. Um, and so, so it actually turns out, as far as I can tell, it's actually the opposite of the Beery thesis is actually.He was actually 180 degrees wrong. It's actually the, the, the, the old Nvidia chips are getting more valuable, which is something that's like literally never happened before. Like it's never been the case that you have an older model chip that becomes more valuable, not less valuable. And that, and again, that's an expression of the just ferocious pace of software progress.Ferocious pace of capability payoff. Yeah. Uh, that you're getting on the other side of this. And so I just, the idea of betting against that, like.swyx: Yeah. Yeah. Well, one ofMarc: my, it seems like an invitation to get your face ripped up.swyx: One of my early hits was like modeling the lifespan of the H 100 and h two hundreds and, and going like, you know, usually they advise like four to seven years and it was, you know, maybe you sort of realistically haircut cut it down to two to three.Yeah. But actually it's going up and not down. Yeah. And, and uh, that's, I mean that's, I think that's the dream. Uh, we are finding utilization and I think utilization solves all problems. Like, you can, you can find use, use cases for even like the poor, like even memory, we're having a shortage. Right. And, and even like the, the shittier versions of, of memory that we do have, we are finding use cases for it.So like That's great.Marc: Yeah.Alessio: How, how important is open source AI and kinda like edge inference in a world in which you have three years of supply crunch. Like, do you think in the, like, you know, if you fast forward like five years, like how do you think about inference, uh, in the data center versus at the edge?Marc: Well, so just to start, yeah. So I think, I think open source is very important for a bunch of reasons. I think edge, edge inference is very important for a bunch of reasons. I, I think just practically speaking, if we're just gonna have fundamental construc, supply crunches for the next, I mean, you, you guys know if you just project forward demand over the next three years, right?Yeah. Relative to supply, one of the, its main predictions you can do is what's gonna, what, what's gonna happen to the cost of, of inference in the core, uh, over the next three years? And like, it may rise dramatically, right? Like, so, so what is, and then is, is, you know, like the, the, the big model competition are subsidizing heavily right now.Right? Right. And so, so what's the, what will be the average person's, you know, per day, per month token cost, you know, three years from now to do all the things that they want to do. And I, I don't know, it's gonna. I mean, I have, you guys probably have friends, I have friends today who are paying a thousand dollars a day for open claw, for claw tokens to run open claw.Right? And so, okay. $30,000 a month. Right? And, and by the way, those, those friends have like a thousand more ideas of the things that they want their claw to do, right? Yeah. And so you, you could imagine there, there's like latent demand of up to, I don't know, five or $10,000 a day of, of, of tokens for a fully deployed, you know, per personal agent.Uh, and obviously consumers can't pay that, right? And so, so, but it gives you a sense of the fu of the fu of the future scope of demand, right? And so, so even, even if there's a 10 x improvement in price performance, that still, you know, goes to a hundred dollars a day, which is still way beyond what people can pay.Mm-hmm. So there's just gonna be like. Ferocious to me, by the way. The agent thing, the other interesting thing is I think the agent thing, so up until now, a lot of the constraints of GGPU constraints, I think the agent thing now also translates into CPU constraints. Mm-hmm. Right?swyx: CPU memory.Marc: Yes. CPU memory, right?And so, like the entire chip ecosystem is just gonna get wait,swyx: wait for network constraints, that that will be the killer.Marc: It's all bottleneck potentially for years. And so, so I, I think that Brad, and, and I think it's actually possible, I mean, generally inference costs are gonna keep coming down, but I think the, let's put it this way, the rate of decline, I think may level out here for a bit because of these supply constraints.And then at some point, maybe the lab stops subsidizing so much and that, that, that again, will be, be an issue. And so there's just gonna be so much more demand for inference than, than can be satisfied. Um, you know, kind of with the centralized model. And then, and then, you know, you guys know this, but like all the, just the dramatic, I mean just the dramatic innovations that have happened in the Apple silicon to be able to do, uh, inferences, it's quite amazing the level of effort being put.Like the open source guys are putting incredible effort into getting, you know, this recurring pattern where the big model will never run on a pc, and then six months later mm-hmm. Oh, it runs in a pc, right? It's like amazing. And there's very smart people working on that. So there's all that. And then look, there's also, you know.There's also like other, there's other motivators. There's other motivators which is just like, okay, how much trust are the big centralized model providers? You know, how much trust are they building in the market versus, you know, how much are, you know, at least for, in certain cases with some people, for certain use cases, people being like, well, I'm not willing to just like, turn everything over.So there, there, there's all the trust issues. Um, by the way, there's also just like straight up price optimization. There's many uses of AI where you don't need Einstein in the cloud. You just need like a, a a, a smart local model. There's also performance issues where you want, you know, you want, you know, you're gonna want your doorknob to have an AI model in it.Right. You know, to be able to, you know, do, um, you know, to be able to do access control. Um, obviously like everything with a chip is gonna have an AI model in it. Mm-hmm. And it, a lot of those are gonna be local. Um, and so, yeah. No, like I think, I think you're gonna have ti and then you're gonna, by the way, also wearable devices, you know, you don't wanna do a complete round trip.You want, you know, you, whatever your smart devices are, you want it to be like super low latency. Yeah.swyx: The question, do we care who makes it? Yeah. One of the biggest news this week was the collapse of AI two, the Allen Institute. Mm-hmm. One of the actual American open source model labs. Yeah. Um, and, uh, I'm not that optimistic on, on American open source.Yeah. Like you, you guys invested in MIS trial and MIS trial's doing extremely well outside of China. That's about it.Marc: Yeah. We'll see. We'll see. I look, I, number one, I do think we care. Uh, I do think we, I do think we care who makes it. Um, I would say this, the, the, the, the previous presidential administration wanted to kill it in the us Oh yeah.They wanted to drown in the bathtub. Um, and so they wanted to kill it. So at least we have a government now that actually like, actually wants it wants it to happen. And youswyx: earned to councilMarc: and Yeah. And the new and the P pcast. Yeah. So the, the, you know, this admin for whatever other political issues people have, which are many, you know, this administration has, I think a very enlightened view and in particular an enlightened view on AI and in particular on open source ai.Uh, and so they're very supportive. Um, my read is the Chi. The Chinese have a very, the various Chinese companies have a very specific reason to do open source, which is, they, they, they don't fundamentally, they don't think they can sell commercial, uh, AI outside of China right now. And or at least specifically not, not in the US for a combination of reasons.And so they, they kind of view, I think, open source AI as a bit of a loss leader against basically domestic, uh, you know, paid, paid services. And then kind of an, you know, kind of an ancillary products. You know, they're, they're very excited about it, by the way. I think it's great. I think it's great that they're doing it.Um, you know, I think Deeps seek was like a gift to the world. Um, I think. The great thing about open source, open source, the, the, the impact of open source is felt two ways. One is you, you get the software for free, but the other is you get to learn how it works, right? And so like the paper, the paper, the paper and, and the code, right?And the code. And so, like, for example, I thought this was amazing. So open comes out with L one and it's an amazing technical breakthrough, and it's just like, absolutely fantastic. But of course they don't explain how it works in detail. And then of course they hide the, they hide the reasoning traces, right?And, and then, and then, and then everybody's like, okay, this is great, but like, who's gonna be able to replicate this? Are other people gonna be able to do this? You know, is their secret sauce in there? And then our one comes out and it's just like, there's the code and there's the paper, and now the whole world knows how to do it.And then, you know, three months later, every other AI model is, is adding reasoning. And so, so you get this kind of double, like even if the Chinese models themselves are not the models that get used, the education that's taken place to the rest of the world, the information diffusion, you know, is incredibly powerful.So that happens and then, I don't know. We'll, we'll see. You know, there are a bunch of American, you know, open source, you know, ai, uh, model companies. I mean, look, there's gonna be tremendous, you know, there already is. There's, you know, there's gonna be tre there's tremendous competition, uh, among the primary model companies.You know, there's, depending on how you count, there's like four or five, you know, big co model companies now that are, you know, kind of neck and neck, uh, in different ways. Um, uh, you know, and, and, and, um, you know, and then obviously Bo Bo both X and then MetAware involved are, you know, both have huge, you know, huge attempts to, you know, kind of, to kind of leapfrog underway.And then you've got, you know, a whole fleet of startups, new companies, including a whole bunch that we're backing, that are, you know, trying to come out with different approaches. And then you've got whatever it is. I don't know how, how many, how many, like main line foundation model companies are there in China at this point?It's probably six. It'sswyx: five Tigers is what they call it. Yeah. Uh, Quinn is in questionable because there's change in leadership,Marc: right?swyx: Yeah.Marc: But that, does that include, that includes like Moonshot,swyx: yes. Can deep seek, uh, uh, ZI, um, Quinn oh one is in there.Marc: Right. And then, um, and by dance and, and then you see,swyx: ance would be like the next tier ance.They weren't as prominent. They weren't, didn't haveMarc: a leading. Yeah. But they, you at least, you know, ance is very inspiring and presumably they have more stuff coming and Tencent probably has more stuff coming and, and so forth. And so, so, so like, look, here, here would be a thing you can anticipate, which is there are not these markets, there are not going to be between the US and China right now, there's like a dozen primary foundation model companies that are like at scale, at, at some level of a critical mass.It's not gonna be a dozen in three years, right? Like, it just because these industries don't bear a dozen, it's, it's gonna be three or you know, there's gonna be three or four big winners or maybe one or two big winners. And so there's gonna be like a whole bunch of those guys that are gonna have to figure out alternate strategies.Um, and I think like open source is one of those strategies. And so I, I think you could see like a whole, i, I, I think the questions like, who's gonna do open source? I think that could change really fast. I, I think that, that, that's a very dynamic thing. I think it's very hard to predict what happens. And, and I think it's very important.swyx: NVIDIA's doing a lot.Marc: Well, I was gonna say. Well, exactly. And then you're got Nvidia and then, and then, you know, just to, again, indu, there's an old thing in business strategy, which is called, uh, commoditize Compliments. Commoditize the compliment. That's right. And so if your Jensen is just kind of obvious, of course, you wanna commoditize the software.Yeah. And he's, and to his enormous credit, he's putting enormous resources behind that. And so maybe it, maybe it's literally Nvidia and I think that would be great.Alessio: Yeah. Uh, narrative violation to European projects, uh, in the, uh, damn.swyx: I'm hosting my, uh, Europe, uh, conference soon. And I got both of them.Alessio: They got us.They got us. MarkMarc: finished. They got us, us. Well, wait a minute. Where was Peter? So where was Steinberger when he did? In AustriaAlessio: was, yeah, yeah, yeah.Marc: He was in what? He was in Vienna. Oh, he was in Vienna. And then where is he now?swyx: Uh, he's moving to sf.Marc: Okay. Okay. Alright. Okay, there we go. And then, yeah, the PI guy, right?The PI guys are European.swyx: Yeah, they're also, they're buddies inAlessio: Australia. Mario's also there. Yeah.Marc: Right. And are they, yeah, they haven't announced yet. Any sort of change changed or have theyAlessio: No, they're, they have a company there.Marc: Okay. Got, okay. Good.Alessio: Good, good,good.Alessio: Um,Marc: yeah, good.swyx: Anyways, I think pie and open cloud very important software things and, and I just wanted you to just go off on what you think.Marc: Yeah. So I think in co the, the combination of the two of them I think is one of the 10 most important softwares. Openswyx: Claw got all the attention, but Right. Talk about pie,Marc: pi pie's, kind of the Yeah. PI's, PI's kind of the architectural breakthrough for those of us who are older. There was this whole thing that was very important in the world of software basically from like 1970 to, I don't know, it still is very important, but like 19, from 1973 to like basically the creation of Linux, which is basically this, this thing used to call like the Unix mindset.Like so, so, ‘cause there were all these different, you know, theories. There are all these different operating systems and mainframes and, and then you know, all these windows and Mac and all these things. And then there was this, but kind of behind it all was this idea of kind of the Unix mindset. And the Unix mindset was this thing where basically you don't have these, like, like in the old days, like, like the operating system that like made the computer industry really work, like in the 1960s mm-hmm.Was this thing called o os 360, which was this big operating system that IBM developed that was supposed to basically run everything. And it was this like giant monolithic architecture in the sky. It was like a, you know, it was like a giant castle. Um, of software. And, and by the way, it worked really well and they were very successful with it.But like, it was this huge castle in the sky, but it was this thing, it was almost unapproachable, which is like, you had to be kind of inside IBM or very close to IBM. And you had to really understand every aspect, how the system worked. And then the, the Unix sky is originally out of at and t and then out out of Berkeley, um, you know, came out and they said, no, let's have a completely different architecture.And the way architecture's gonna work is we're gonna have, we're gonna have a, a prompt and, and a, and a shell. And then, and then we're gonna, all, all the functionality is gonna be in the form of these discreet modules, and then you're gonna be able to chain the modules together. Mm-hmm. Yeah. And so like the, the, the op, it's almost like the operating, operating system itself is gonna be a programming language.Um, and then that led led to the, the, the sort of centrality of the shell. Um, and then that led to sort of, uh, you know, basically chaining together Unix tools. And then that led to the emergence of these, these scripting languages like Pearl, where you, you could basically kind of very easily do this, and then the shells got more sophisticated and then, and then, and then look like, you know, that, that, that number one, that worked and that, that was the world I grew up in.Like I was, I was a Unix guy. You know, sort of from, call it 1988 to, you know, kind of all, all the way through my work and it worked really well. It, it's in the background, um, you know, nor normal people don't need to, didn't need to necessarily know about it, but like, if you were doing like system architecture, application development, you, you, you knew all about it.Um, and then, you know, it's been in the background ever since. And, you know, look, your Mac still has a Unix shell, you know, kind of in there, and your iPhone still has a Unix shell kind of buried in there somewhere. So they're kind of in there. And then, you know, the Windows shell is kind of a, you know, sort of a weird derivative of that.But, um, you know, but look, the inter, the internet runs on Unix, um, and that smartphones, actually, both iOS and Android are Unix derivatives. And so, you know, kind of Unix did end up winning. But, but anyway, and then we just started taking that for granted. And then, and then so, so basically the, the way I think about what happened with Pie and then with Open Claw is basically what those guys figured out is, I always say the, the great breakthroughs are obvious in retrospect, right?Which is the best kind, the best kind. They weren't obvious at the time or somebody else would've done them already. Um, and so there is a, like a real conceptual leap, but then you look at it sort of the backwards looking and you're just like, oh, of course. Mm-hmm. Like the, the, to me those are always the best breakthroughs.Well, actually language models themselves are like that. It's just like, oh, next token completion. Oh, of course.swyx: Yeah. What other objective mattered?Marc: Yeah, exactly. But, but like it, right. But she's even saying it wasn't obvious until somebody actually did it. Right. And so the conceptual breakthrough is real and deep and powerful and, and very important.And so the way I think about pie and olaw is it's basically marrying the, the language model mindset to the un to the Unix, basically shell prompt mindset. And so it's, it's basically this idea that what, what, so what is an agent, right? And as, as, and as you know, like many smart people who have been trying to figure out what an agent is for, for, for decades, and they've had many architectures to build agents and the whole thing.And it turns out what is an agent. So it turns out what we now know is an agent is the following. It's, so it's a language model. And then above that, it's a ba, it's a bash shell. Um, so it's a, it's a Unix shell, and then it's, and then the agent has access, uh, has access to, to the shell. And, you know, hopeful, hopefully in a sandbox, maybe in, maybe in a sandbox.So it's, it's the model. Um, it's the shell. Um, and then it's a fi, it's a file system. Um, and then the state is stored in files. And then, you know, there's the markdown format for the, you know, for, for the files themselves. And then, and then there's basically what in Unix is called Aron job. There's a loop and then there's a heartbeat for the, there's heartbeat and, and the thing basically Wake Wakes up.Wakes up. So it's basically LLM plus shell, plus file system, plus markdown, plus kron. And it turns out that's an agent. And, and, and every part of that, other than the model is something that we already completely know and understand. And in fact, it turns out that like the latent power of the Unix shell is like extraordinary because basically like all, like, there's just like an, there's just enormous latent power in the shell.There's enormous numbers of Unix commands, there's enormous number of command line interfaces into all kinds of things already in the, you know, your entire, I mean your entire, just to start with, your computer runs on a shell. If you're running a Mac or a, or, or a phone, your computer, your computer's running on a shell, uh, already.And so like the full power of your computer is available at the command line level. Um, and then it turns out it's really easy to expose other functions as a command line interface. And so like this whole idea where we need like MCP and these like product mm-hmm. Fancy protocols, whatever, it's like, no, we don't, we just need like a command, command line thing.So that's the architecture. And then it turns out what is your agent? Your agent has a bunch of files starting a file system. And then there's the thing that just like completely blew my mind when I write my head around it as a result of this, which is like, okay. This means your agent is now actually independent of the model that it's running on.Because you can actually swap out a different LLM underneath your agent and your, your agent will change personality somewhat. ‘cause the model is different, but all of the state stored in the files will be retained.swyx: Yeah. Different instruction set, but you just compiledit.Marc: Right, exactly. And it's all right.It's like right. Swapping out a ship and recompiling, but it's, it's still, it's still your agent with all of its memories. Um, and with all of its capabilities. And then by the way, you can also swap out the shell, uh, so you can move it to a different execution environment that is also, is also a b shell, by the way, you can also switch out the file system, right.Uh, and you can, and you can, and you can swap out the, the, the heartbeat for the, the crown framework, the, the loop that the agent framework itself. And so your agent basically is ba basically at the end of the day, it's just. It's just, its files. Um, and then, and then there's of course it a openswyx: call.Marc: Yeah, it's, it's basically, it's, it's just the files.Um, and then by the way, as a consequence of that, the agent and then the agent itself, it turns out a couple important things. So one is it, it's, it, it can migrate itself, right? And so you're, you can instruct your agent, migrate yourself to a different, uh, runtime environment, migrate yourself to a different file system, migrate yourself to a different, you know, swap out the language model.Your agent will do all that stuff for you. And then there's the final thing, which is just amazing, which is the agent is the agent actually has full introspection. It actually, it actually knows about its own files and it could rewrite its own files. Right. Which by the way, is basically no widely deployed software system in history where the, the, the thing that you're using actually has full introspective knowledge of how it itself works and is able to modify itself.Like that, that, I mean, there have been toy systems that have had that, but there, there's never been a widely deployed system that has that capability and then that leads you to the capability. That just like completely blew my mind when I wrap my head around it, which is you can tell the agent to add new functions and features to itself and it can do that.Extend yourself. Yeah. Right? Extend, extend yourself. Like extend yourself. Give yourself a new capability. Right? And so, and so literally it's just like you run into somebody at a party and they're like, oh, I have my open claw, do whatever, connect to my eat, sleep bed, and it gives me better advice and sleep.And you go home at night and you tell your claw, or if they're at the party, by the way, you tell your claw, oh, add this capability to yourself. And your claw will say, oh, okay, no problem. And it'll go out on the internet and it'll figure out whatever it needs and then it'll go out to claw code or whatever.It'll write whatever it needs. And then the next thing you know, it has this new capability. And so you don't even have to, like, you can have it upgrade itself without even having to, without having to do anything other than tell it that you want it to do that. And so anyway, so the, the combination of all this is just, I mean, this is just like a massive, incredible, I mean, it's just incredible.Like if I, if I were, if I were 18, like this is a hundred, this is what I would be spending all of my time on. This is like such an incredible conceptual breakthrough. Yeah. And again, pe people are gonna look at it and they already get this response. People are gonna look at it and they're gonna say, oh, well, where's the breakthrough?‘cause these, the, all of these components were already known before. Mm-hmm. But, but this is the key, the key to the breakthrough was by using all these components that were known before, you get all of the underlying capability of that's buried in there. And so all, and so for example, computer use all of a sudden just kind of falls, trivi, trivial.Of course it's gonna be able to use your computer. It has full access to the shell. Right. And then, and then you just, you, you give it access to a browser, and then you've got the computer and the browser and, and often away it goes. And, and then you've got all the abilities of the browser also. Um, yeah.And so, and so the capability unlock here is profound. My friends who are, you know, deepest into this, are having their claw do like a, like, literally like a thousand things in their lives. They have new ideas every day. They're just like constantly throwing new challenges at the thing. And by the way, it's early and, you know, these are, you know, these are prototypes and there are, you know, as you guys know, there's security issues.Yeah. And, and so, you know, there's a bunch of stuff to be ironed out, but the, the unlock of capability is just incredible.swyx: Yeah.Marc: And I, I have absolutely no doubt that everybody in the world is gonna, is gonna have at least, you know, an agent like this, if not an entire family of agents. And w

In the year of Our Ford, 1941... in Dearborn, Michigan, a 78-year old Henry took an ax to the trunk of his new car. Why? SOYBEANS! We dig into the prototype soybean car that never was, and consider a world where vehicles come from and return to the earth (that never was, but might still be, maybe.) Plus, join us for some movie and bird chat in the MouthGarf Report, and another classic barn burner I See What You Did There.Sources:https://www.thehenryford.org/collections-and-research/digital-resources/popular-topics/soy-bean-car/https://supercarblondie.com/henry-ford-soybean-car-concept-car/https://en.eduardobenzdesign.com/heritage-of-hemp-and-soy%3A-the-forgotten-roots-of-modern-ecomobility/Please give us a 5 star rating on Apple Podcasts! Want to ask us a question? Talk to us! Email debutbuddies@gmail.comListen to the archives of Kelly and Chelsea's awesome horror movie podcast, Never Show the Monster.Get some sci-fi from Spaceboy Books.Get down with Michael J. O'Connor and the Cold Family and check out his new compilation The Best of the Bad Years 2005 - 2025Next time: First Rex Manning Day

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