Podcasts about General Dynamics

Ricardo Tomás, asesor del fondo Multigestión Basalto USA, hace el análisis de las compañías Apple, Oklo, NuScale Power, Cameco, NexGen Energy, Constellation Energy, Vistra, General Dynamics, Fannie Mae, Freddy Mac, JPMorgan Chase, Banco de América, Citigroup, Wells Fargo y Ross Stores.

2025-05-19 sändningen nyheter med svensk synth från Aux Animaux, Individ, Svaj och Celldöd. Internationellt från Ballet Mecanico, General Dynamics, Sucio och Reimund Dichter.

U.S. Global Investors CEO Frank Holmes joined Steve Darling from Proactive to provide an update on the strong performance of the firm's War ETF, launched in December 2024. Despite volatile global markets and rising geopolitical tensions, the ETF has demonstrated impressive resilience and has outpaced several other national security-focused investment vehicles. Holmes attributed the ETF's performance to what he described as “smart beta 2.0”—an evolved strategy that focuses on momentum across revenue growth, earnings strength, and free cash flow. Key holdings like Qualcomm and General Dynamics have been standout contributors, supported by global shifts in military priorities and spending patterns. “The strategy is built to identify companies benefitting from real economic trends—not just narratives,” Holmes explained. He emphasized that recent geopolitical developments have served as a strong tailwind for the defense sector. In particular, increased military budgets across Europe—often spurred by U.S. diplomatic pressure—have led to a wave of new defense contracts and infrastructure upgrades. The ETF's performance is also being driven by a sharp rise in global defense spending, fueled by conflicts and tensions in Ukraine, the Middle East, and the Indian subcontinent, as well as increasing cybersecurity threats from China. Holmes noted that the United States alone is expected to spend close to $3 trillion annually on national defense and related technologies—surpassing previous records. Importantly, Holmes highlighted that the ETF doesn't only focus on traditional defense contractors. It also includes exposure to high-performance data centers and AI infrastructure, recognizing the critical role of artificial intelligence, secure connectivity, and big data in modern warfare and defense operations. This diversified approach also captures crossover benefits from sectors like healthcare, technology, and cybersecurity. He also pointed to growing investments in Canada and Europe in AI-related infrastructure and 5G mobile networks, positioning the ETF to benefit from parallel technological developments outside of direct military applications. #proactiveinvestors #usglobalinvestorsinc #nasdaq #grow #etf #trip #travel #colombia #WARETF #DefenceSpending #Cybersecurity #Semiconductors #Aerospace #SmartBeta #ETFs #NYSE #FrankHolmes #USGlobalInvestors #AIInvesting #GeopoliticalTensions #MilitaryETF #SmartBeta #Cybersecurity #NATOspending #NYSE #ProactiveInvestors

It's New Tunesday: new releases from the past week! Give the bands a listen. If you like what you hear, support the bands! Today's episode features new releases by Dead Lights, VNV Nation, Dicepeople, William Bleak, Capsules Of Energy, General Dynamics, Bionic Bitch, Dimethoxy, Vol. A.D., Caustic, Klutæ, Post Analog Disorder, SIIE, Swesor Bhrater, The Devil & The Universe, Sextile, Sad Madona, Carrellee, Camlann, Red Industrie, Coloured Tears, Anja Huwe & Xmal Deutschland, Sexblood, WitchHands, Blackbook, Rupesh Cartel, Before After Again, M/A/T, Teledeath, Stockholm Nightlife, Arcade Beach, Nightstop (ft. Marko Taali), and SIXMIXSIX!

Bonus Episode for April 29. Every U.S. manufacturer faces increased costs because of import tariffs and other countries' countermeasures, but those making weapons have reason to be both worried and hopeful. WSJ Investing columnist Spencer Jakab discusses with WSJ reporter Sharon Terlep what Northrop Grumman, RTX, General Dynamics, Boeing and other defense companies have reported for their first quarter earnings and what that means for the sector and the broader U.S. economy.  Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

On this week's Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. “Rocket” Ron Epstein of Bank of America Securities, Sash Tusa of the independent equity research firm Agency Partners, and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian to discuss Wall Street's up week as President Trump backtracked on firing Federal Reserve Chairman Jerome Powell and that Washington was talking to Beijing on a tariff deal — China said no talks were underway — Deutsche Bank predicts a decade-long decline in the dollar as gold soars; a massive earnings week as Babcock, Boeing, GE Aerospace, General Dynamics, Hexcel, L3Harris, Lockheed Martin, Northrop Grumman, RTX, Saab, Safran, Teledyne, Textron, and Thales report results; and how Europe's ESG focus is impeding efforts to re-industrialize.

Alors que la Belgique souhaite aujourd'hui se réarmer, et attend l'arrivée de nouveaux avions de combats F-35 sur son sol, nous vous proposons un retour en 1975. Quand la Belgique a acheté une centaine d'avions de chasse militaires F-16 américains. Ce « contrat du siècle » est un des plus gros contrats que la Belgique ait jamais passé avec une entreprise commerciale. Quels étaient les arguments de l'entreprise américaine General dynamics pour obtenir les faveurs de la Belgique face à ses 2 autres concurrents ? Vous l'entendrez, 50 ans plus tard, les éléments du débat n'ont pas réellement changé. Alors que la question d'une industrie militaire souveraine et autonome est devenue particulièrement brûlante ces derniers temps, y a-t-il eu en 1975 une occasion manquée ? L'acquisition d'avions de combat est-elle essentielle pour maintenir notre défense ? On en parle avec Philippe de Boeck, journaliste en charge des questions de défense et de diplomatie au quotidien Le Soir, et Yannick Quéau, directeur du GRIP, le Groupe de recherche et d'information sur la paix et la sécurité. Réalisation : Jonathan Remy Coordination et préparation : Emilie MaliceMerci pour votre écouteL'Histoire Continue c'est également en direct tous les samedis de 9h à 10h sur www.rtbf.be/lapremiere Retrouvez l'ensemble des épisodes de l'Histoire Continue sur notre plateforme Auvio.behttps://auvio.rtbf.be/emission/l-histoire-continue-19690 Et si vous avez apprécié ce podcast, n'hésitez pas à nous donner des étoiles ou des commentaires, cela nous aide à le faire connaître plus largement. Intéressés par l'histoire ? Vous pourriez également aimer nos autres podcasts : Un jour dans l'Histoire : https://audmns.com/gXJWXoQL'heure H : https://audmns.com/YagLLiKEt sa version à écouter en famille : La Mini Heure H https://audmns.com/YagLLiKVous pourriez également apprécier ces podcasts de la RTBF: Un jour dans le sport : https://audmns.com/decnhFkAinsi que nos séries historiques :Chili, le Pays de mes Histoires : https://audmns.com/XHbnevhD-Day : https://audmns.com/JWRdPYIJoséphine Baker : https://audmns.com/wCfhoEwLa folle histoire de l'aviation : https://audmns.com/xAWjyWCLes Jeux Olympiques, l'étonnant miroir de notre Histoire : https://audmns.com/ZEIihzZMarguerite, la Voix d'une Résistante : https://audmns.com/zFDehnENapoléon, le crépuscule de l'Aigle : https://audmns.com/DcdnIUnSous le sable des Pyramides : https://audmns.com/rXfVppvN'oubliez pas de vous y abonner pour ne rien manquer.Et si vous avez apprécié ce podcast, n'hésitez pas à nous donner des étoiles ou des commentaires, cela nous aide à le faire connaître plus largement. Distribué par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

La răscruce de drumuri. Cum arată scenariul ideal și cel de coșmar pentru viitorul României (Adevărul) - Eșecul primului CSAT de după anularea alegerilor (DW) - Industria militară se pregătește să consume/investească 10 mld. euro pe an. Pe ce? (CursDeGuvernare) - Investițiile în fabricile din industria de apărare de stat, tărăgănate sau blocate de birocrație, contestații și indecizii (Europa Liberă) - Generația „experiment” 2012-2025: Primii elevi care au făcut clasa pregătitoare au găsit la liceu manuale și programe dinainte de nașterea lor, din cauza politicienilor care au amânat reforma curriculară (EduPedu) Goana după voturi - Antonescu, Dan și Ponta. Trăsnăile calculate (SpotMedia)Săptămâna aceasta începe campania electorală prezidențială 2.0, al cărei deznodământ îl vom afla în 18 mai, odată cu numele viitorului președinte al României.Nu intrăm pe această ultimă sută de metri cu multe certitudini, dimpotrivă. Până la aceste prezidențiale, din noiembrie și din mai, turul I era mai degrabă o formalitate, pentru că, de fiecare dată, cu excepția anului 2000, s-au confruntat două blocuri mari, PSD și antiPSD, cu candidați care erau ca și calificați în finală de la început.De această dată lucrurile sunt cu mult mai complicate, din multe motive.Cele două blocuri și-au pierdut mult din vigoare, au avut candidați slabi, nereprezentativi, aparatele de partid nu mai au puterea de mobilizare, partidele sunt desprinse de electorat. Ura împotriva lor a generat un al treilea bloc, extrem de puternic, extremist.În fața lui s-a încercat o unitate ratată, dar nici el nu mai este unit. Voturile sunt fragmentate și calificarea în finală absolut incertă.La cum arată acum procentele, cu mențiunea că oricând pot apărea modificări spectaculoase, este destul de probabil ca un loc în finala din 18 mai să fie ocupat de George Simion, ca beneficiar al celei mai mari parți din susținerea orfană pentru Călin Georgescu.Pentru celălalt loc se bat, în acest moment, trei candidați cu șanse reale și procente destul apropiate: Crin Antonescu, Nicușor Dan și Victor Ponta. Mai ales primii doi par a fi intrat într-un concurs de trăsnăi colosale, care nu sunt, de fapt, scăpări, ci socoteli.Integral pe pagina SpotMedia.La răscruce de drumuri. Cum arată scenariul ideal și cel de coșmar pentru viitorul României| ANALIZĂ (Adevărul)România se află la răscruce de drumuri, iar alegerile prezidențiale din luna mai vor decide calea pe care o luăm. Expertul în securitate Marius Ghincea avertizează că pentru prima dată de la momentul Snagov, de acum trei decenii, nu mai există decizia fermă și unanimă privind orientarea politicii externe românești și «marea strategie» a României în domeniul securității și apărării exclusiv spre SUA și UE.În 1995, la Snagov, liderii politici ai vremii s-au întâlnit și au decis că România trebuie să se integreze în NATO și Uniunea Europeană, apartenența la valorile occidentale nu mai reprezintă o certitudine. A fost momentul în care până și partidele naționaliste ale vremii, România Mare și PUNR, au spus da Europei de Vest și Americii și au întors spatele Rusiei.Expertul în securitate și politici de guvernanță, Marius Ghincea vorbește despre o mare schimbare și explică direcțiile pe care am putea să o luăm, după ce vom traversa acest moment de răscruce.Există varianta pro-occidentală, cea pro-Rusia, fie o variantă de mijloc. Pe larg în Adevărul.Analiză: Eșecul primului CSAT de după anularea alegerilor (DW)Prima ședință a CSAT după anularea primului tur al prezidențialelor de anul trecut nu a elucidat eșecul serviciilor secrete care nu au depistat din timp intervenția Rusiei în procesul electoral autohton, scrie jurnalista Sabina Fati pe pagina DW.Reuniunea Consiliului Suprem de Apărare a Țării (CSAT) a analizat și aprobat „rapoartele privind activitatea desfășurată de instituțiile cu atribuții în domeniul securității naționale în anul 2024”, fără să explice cum a fost posibilă ascensiunea bruscă a extremistului Călin Georgescu și sprijinul pe care acesta l-ar fi primit din partea Rusiei, după cum au arătat documentele desecretizate de preşedinte în decembrie anul trecut. Nu există deocamdată nicio comisie parlamentară care să ancheteze activitatea Serviciului Român de Informații (SRI) sau a Serviciului de Informații Externe (SIE) din perioada campaniei electorale din 2024.Spre deosebire de Germania sau de alte state occidentale, serviciile autohtone continuă să tacă și în această perioadă în care Bruxellesul, Parisul și Berlinul avertizează asupra pregătirilor pe care le face Rusia pentru a ataca unul sau mai multe state NATO în următorii ani.Industria militară se pregătește să consume/investească 10 mld. euro pe an. Pe ce? (CursDeGuvernare)CursDeGuvernare publică o analiză în 7 puncte a perspectivei a industriei de apărare pentru următorul deceniu.România ar putea ajunge până în 2027 să aibă un buget anual de minimum 60 de miliarde de lei / 12 miliarde de euro. Asta pentru a respecta atât cerințele NATO de a asigura un minimum de 2% din PIB, dar și programul UE de întărire a industriei militare, care vede încă 1,5% din PIB.Cu alocările bugetare interne și cu fondurile de finanțare externe, România deja se pregătește, cu firme din prima linie a industriei militare, să facă drone, blindate, camioane, radare, sisteme electronice militare, pulberi pentru muniție, mitraliere și nave de patrulare.În a doua linie încep să se așeze companiile care vor reprezenta marii producători de echipamente și sisteme militare care vor fi achiziționate pentru Armata Română, de la tancurile Abrams până la avioanele F-35. Companii internaționale ca Rheinmetall, General Dynamics, Raytheon, Hanwha, BAE Systems, Lockheed Martin, au anunțat investiții.Până ca planul unei industrii militare puternice să fie credibil și în practic, realitatea nu stă neapărat bine pentru sectorul Apărării.Investițiile în fabricile din industria de apărare de stat, tărăgănate sau blocate de birocrație, contestații și indecizii (Europa Liberă)La trei ani de la atacul Rusiei asupra Ucrainei și într-un moment în care UE le cere statelor membre să-și consolideze rapid apărarea, investițiile vitale pentru apărarea României - precum fabrica de pulberi militare, liniile de producție muniție de calibru NATO 155 de mm, arme de asalt moderne - trenează. De ce?21 de fabrici de muniție, arme și vehicule militare are statul român.15 dintre ele sunt în proprietatea Companiei Naționale Romarm, adică ale Ministerului Economiei – aici se produc gloanțe, proiectile mari, arme. Restul de șase sunt subordonate tot Ministerului Economiei – ele se ocupă de producție, mentenanță, achiziții, import-export etc.Din 2023, Europa Liberă scrie constant despre incapacitatea fabricilor de stat de muniție și armament de a livra Armatei României produse compatibile cu cele ale aliaților din Alianța Nord Atlantică (NATO).Generația „experiment” 2012-2025: primii elevi care au făcut clasa pregătitoare, la gimnaziu nu au avut în niciun an manuale la timp și nici profesori formați / Liceul i-a primit fără curriculum nou, cu manuale și programe dinainte de nașterea lor, din cauza politicienilor care au amânat reforma curriculară (EduPedu)Circa 100.000 de elevi de clasele a XII-a și a XIII-a au participat de luni, 24 martie, la probele scrise de la simularea examenului de Bacalaureat 2025, potrivit datelor de prezență ale Ministerului Educației și Cercetării (MEC). 20% din această cohortă nu s-a prezentat la aceste simulări, cel puțin la proba la alegere de miercuri. Ministerul susține că sunt 123.000 de elevi înscriși în ultimul an de liceu.Este vorba de cea mai mică generație de elevi ca număr de înscriși la școală, cu un parcurs școlar marcat de abandon, stagnare curriculară și lipsa de coerență a reformelor educaționale. Deși au început școala cu un curriculum nou, centrat pe competențe, acești elevi nu au beneficiat de continuitate în liceu, din cauza blocării reformei planurilor-cadru de către politicienii care au pus liniștea funcției mai presus de elevi.Continuarea, pe pagina EduPedu.

The Adverb that Changed Everything: Arbitration, State Immunity and the case of General Dynamics v Libya Join Liz Kantor, Vanessa Naish, and guest, Andrew Cannon, as they explore the fascinating intersection of arbitration and state immunity in the Court of Appeal's decision in General Dynamics v Libya. They unravel how the addition of a single adverb in an arbitration clause could waive a state's immunity from execution. Discover the implications of this case for the enforcement of arbitral awards against states and the importance of precise drafting in arbitration agreements.

Aktien hören ist gut. Aktien kaufen ist besser. Bei unserem Partner Scalable Capital geht's unbegrenzt per Trading-Flatrate oder regelmäßig per Sparplan. Alle weiteren Infos gibt's hier: scalable.capital/oaws. Aktien + Whatsapp = Hier anmelden. Lieber als Newsletter? Geht auch. Das Buch zum Podcast? Jetzt lesen. Gold knackt 3.000 $. Steyr Motors knackt Hype-Level. Finanzpaket von Merz knackt die Grünen. Ansonsten sorgen ServiceTitan, DocuSign & Foxconn für gute KI-Stimmung. Und viele Dinge werden heiß erwartet: Die GTC-Konferenz von NVIDIA & der IPO von Klarna. Das denkt Buffett zu Gold: https://www.berkshirehathaway.com/letters/2011ltr.pdf Ist Coca-Cola Europacific Partners (WKN: A2AJ8Q) das bessere Coca-Cola? Börse sagt: Ja. Viermal besser sogar. Musk spart. Wer leidet? Lockheed Martin, Raytheon, Northrop Grumman, General Dynamics, Palantir, UiPath, Booz Allen Hamilton, CACI, SAIC, Parsons, Maximus, Equifax, Thomson Reuters. Wer spielt sonst noch mit? Aramark, DocuSign & Cloudflare. Diesen Podcast vom 17.03.2025, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung.

Greg Whaley grew up an AF brat and came to USAFA from Eielsen AFB, Fairbanks, AK. Greg got a summer stint in the NCO program at Wright Pat and 3rd Lt in Germany. Many semesters on the Dean's List earned him UPT at Williams. His USAF career took him into SAC and bomber pilot at Loring (Maine), Fairchild ( Spokane), a Master's in OPs Research at AFIT, HQ SAC (Offut), aircraft commander at McConnell (Kansas) & Lajes in the Azores (middle of the Atlantic Ocean), His next and final assignment was to the DC area where he retired, achieved his Wharton MBA and entered the world of government consulting. Stops at SAIC & General Dynamics planted the seed of his own business which became Academy Solutions Group. 20 years later, after landing on the Inc 500 list three times (2011, 12, 13) he successfully sold the company and retired again. He discusses his current position that many of us are also doing.

On this week's Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. “Rocket” Ron Epstein of Bank of America Securities, Sash Tusa of the independent equity research firm Agency Partners, and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian to discuss a brutal week on Wall Street as the market loses $1 trillion as shocked investors react to China's DeepSeek AI and the Federal Reserve for the first time said it won't continue interest rate cuts; implications of the worst US air disaster in 16 years as an US Army UH-60 Blackhawk helicopter collides with an American Airlines jetliner killing 67; President Trump imposes 25 percent tariffs on Canada and Mexico, and a 10 percent tariff on goods from China; analysis of 2024 earnings reported by Boeing, General Dynamics, L3Harris, Lockheed Martin, Northrop Grumman, RTX; Lockheed's aeronautics charge and Northrop's second low-rate production contract for the B-21 Raider bomber; and King Charles changes the name of the Royal Navy's last Astute-class submarine.

In this episode, Jeff Smith discusses his extensive career journey, including his work with unmanned undersea vehicles (UUVs) and his experiences starting his own business. Jeff shares his insights on building strong teams, the challenges and opportunities in undersea exploration, and the importance of mentors and trusted networks in achieving success. Additionally, Jeff delves into his personal passion for scuba diving and underwater treasure hunting. Episode Highlights: 00:57 How Jeff Became a Subsea and Seabed Warfare Consultant 02:14 Jeff Smith's Career Journey 05:21 The Leap of Faith: Starting a Business 13:44 Challenges and Opportunities in Undersea Exploration Jeff Smith is a Subsea and Seabed Warfare Consultant with Poroy Global Advisors. Prior to recently joining PGA, Jeff was the VP/GM for Autonomous and Undersea Systems at Saab, Inc. responsible for growing a new US division focused on UUVs, ROVs, USVs, and Autonomy. Jeff stood up the AUS Division securing over $300M in long term programs, building out multiple new facilities, and staffing an exceptional team in less than 3 years. Prior to joining Saab, Jeff was a Chief Scientist for UUV Systems for BAE Systems FAST Labs. Jeff was the president and founder of Riptide Autonomous Solutions, a major market disruptor in the unmanned undersea vehicle (UUV) market and brought the company to acquisition by BAE Systems in 4 years. Jeff has spent 30 years supporting the US Navy through his industry roles at General Dynamics, Bluefin Robotics, Riptide, BAE Systems, and now Saab. Over the past several years, Jeff has been selected as a UUV subject matter expert to participate in numerous war games and study panels focused on the future of undersea warfare. Jeff also holds patents in robotics, electro-optical systems, rapid prototyping, subsea battery safety systems, biomedical devices, and in a counter- sniper system, with additional patents pending. Jeff was formerly an advisor for Open Water Power, prior to their acquisition by L-3 Technologies. Jeff is also a member of the Board of Directors for Aretê Associates and numerous non-profit boards for defense, innovation, and blue technology. Connect with Jeff: LinkedIn: https://www.linkedin.com/in/jeffsmithgdais/ Company Website: https://poroyglobal.com/ For more insights: Book a call: https://bit.ly/4cToGDs Follow me on my YouTube Channel: https://bit.ly/47GgMdn Sign up for my Weekly Newsletter: https://bit.ly/3T09kVcSee omnystudio.com/listener for privacy information.

You really think this guy gets a job 40 days before the assassination, moving to Dallas from New Orleans and just happens to work in a high rise building right at the end of the motorcade rout that had an empty (meaning no people) room on the top floor?You'd have to say one of 3 things. Either he was part of a plan, was extremely well handled, or was a super rare coincidence.Think about it, a covert asset of ONI and CIA who could speak Russian and was certainly not lacking intelligence, moves to a new city to get a minimum wage job moving books. And then as testified by Roselli, he was shot so as to silence him.Remember what Hoover wrote Nov 24th 1963Why say the Real Assassin?”It is nteresting because Nick Katzenbach who Hoover is referring to, himself wrote the next day in a memo to Bill Moyer “THE PUBLIC MUST BE SATISFIED THAT OSWALD WAS THE ASSASSIN; THAT HE HAD NO CONFEDERATES WHO ARE STILL AT LARGE; AND THAT EVIDENCE WAS SUCH THAT HE WOULD HAVE BEEN CONVICTED AT TRIAL.””Jack Ruby, also a Jew, even told the warren commission he had to do it “because of his Jewish faith”and what was he talking about when he told Earl Warren“Unfortunately, Chief Earl Warren, had you been around 5 or 6 months ago, and I know your hands were tied, you couldn't do it, and immediately the President would have gotten a hold of my true story, or whatever would have been said about me, a certain organization wouldn't have so completely formed now, so powerfully, to use me because I am of the Jewish extraction, Jewish faith, to commit the most dastardly crime that has ever been committed. Can you understand now in visualizing what happened, what powers, what momentum has been carried on to create this feeling of mass feeling against my people, against certain people that were against them prior to their power?” That goes over your head doesn't it.…I want to say this to you. The Jewish people are being exterminated at this moment. Consequently, a whole new form of government is going to take over our country, and I know I won't live to see you another time. Do I sound sort of screwy–in telling you these things?… All I know is maybe something can be saved. Because right now, I want to tell you this, I am used as a scapegoat, and there is no greater weapon that you can use to create some falsehood about some of the Jewish faith, especially at the terrible heinous crime such as the killing of President Kennedy….Now maybe something can be saved. It may not be too late, whatever happens, if our President, Lyndon Johnson, knew the truth from me. But if I am eliminated, there won't be any way of knowing. Right now, when I leave your presence now, I am the only one that can bring out the truth to our President, who believes in righteousness and justice.”Note that later while talking to the press that Jack Ruby says the Truth may never come above board and that it goes all the way to the top. If LBJ isn't in the loop and at the top as it were, then who is he talking about?“But he has been told, I am certain, that I was part of a plot to assassinate the President…. I am sorry, Chief Justice Warren, I thought I would be very effective in telling you what I have said here. But in all fairness to everyone, maybe all I want to do is beg that if they found out I was telling the truth, maybe they can succeed in what their motives are, but maybe my people won't be tortured and mutilated. ….No; the only way you can do it is if he knows the truth, that I am telling the truth, and why I was down in that basement Sunday morning, and maybe some sense of decency will come out and they can still fulfill their plan, as I stated before, without my people going through torture and mutilation. …But I won't be around, Chief Justice. I won't be around to verify these things you are going to tell the President. … I have been used for a purpose, and there will be a certain tragic occurrence happening if you don't take my testimony and somehow vindicate me so my people don't suffer because of what I have done. …All I want is a lie detector test, and you refuse to give it to me. Because as it stands now—and the truth serum, and any other–Pentothal–how do you pronounce it, whatever it is. And they will not give it to me, because I want to tell the truth. And then I want to leave this world. But I don't want my people to be blamed for something that is untrue, that they claim has happened. “It seems that Jack Ruby is paranoid that the president has been told already that he was party of a plot to kill the president that that “his people” meaning Jewish people or the Israeli state was behind it. Israel had several motives to want both JFK and RFK dead. It was in their eye a matter of survival.1 The Kennedys want Israel inspected for nuclear weapons. RFK also had information and testing done around Dimona showing the Uranium there had come from the US's Nautilus project, since it was the only uranium in the world enriched to that high a % at that point in time. It was all over the area.2 The Kennedys supported Palestinians right of Return.3 They wanted Israel's foreign lobbies to register as foreign agents4 JFK along with France's Charles de Gaulle who also survived an assassination attempt, supported Algeria independence.The John Birch Society, who Ruby tries to paint a picture of as all powerful, didn't kill the President. As much as big oil was tied to LBJ, and Texas oil man David Harold Byrd owning the building where Lee Harvey Oswald worked, they didn't control Jack Ruby nor did they gain anything worth the risk when RFK was assassinated in California. Guys like David Ferrie and Jacob Rubenstein were working for the Mafia. And the Mafia lost a billion dollars in revenue when Castro shut down the casinos. They had every reason to work with the CIA when they came knocking and they did, and the CIA had every reason to seek plausible deniability that the mafia provided for a variety of illegal activities, from narcotic and gun running to assassination. The CIA's Victor Marchetti testified that Ferrie worked for the CIA.Jack Ruby was a central mafia figure and knew almost every cop in Dallas. He also went the Cuba and even rode with FBN agents to the airport. So was Oswald's childhood friend and fellow closet f****t Efraim Sullivan, who became a chief of police in Louisiana and got 4 cops killed as well as 5 civilians all in one shooting. According to his son he work for the Mossad. These southern mafia heads guys were bragging about JFK AND Robert getting killed before both happened. The Kennedys demanded the ZAC/ZOA/AIPAC register as a foreign agent. RFK issued them a moratorium with 72 hrs to comply in November of 63. The PM resigned over it to stall for time and Kennedy was killed the same month.The mafia was the CIA's plausible deniability and ground distribution network for narcotics which is how they were covertly financing anti communist resistance in Cuba, China, and USSR. Vietnam's opium was a natural market move as Europe was recovered from WWII. RFK was prosecuting the same mob leaders who the CIA was secretly working with to sell drugs and even attempt to assassinate Castro. Think back to the CIA's earliest operations in the Middle East, operation Ajax and the Suez Crisis, which was itself the product of a botched 1956 Israel false flag operation, Operation Suzanna, now commonly called the Lavon Affair. As a Senator, Johnson blocked the Eisenhower administration's attempts to apply sanctions against Israel following the 1956 Sinai Campaign. Who did these CIA operation in Iran and Egypt really benefit? Not the United States. But of course both Dulles brothers were hardcore Zionists. Bobby was killed on the first anniversary of the six day war and set up a Palestinian. Now who would want to do that?The plan was to replace him with Katzenbach, which LBJ did. And none of it could move until JFK was out of the way. The mob lost a billion dollars a year in gambling revenue when Castro shut down casinos. Hoffa using teamster pension funds to create Las Vegas as the new Cuba was in reaction to this. These are the guys who end up in a series of murders for or before finishing testimony to the House Committee on assassination. Giancana had been Ruby's boss. Trafficante had him killed.The Jewish finger prints are all over both assassinations. Johnson's domestic and foreign policies on Cuba on Russia on Vietnam didn't really change. Kennedy was not getting out of Vietnam. This is wishful thinking on par with the fools who thought Obama was going to be an antiwar president. JFK had already procured 6 billion dollars, most of it left over from Eisenhower who had had enough of the MIC, to spent on the F111 fighter jet. Oh it is interesting that the Crown family benefited when Johnson lobbied to have the contract go to General Dynamics. They also married into the family who owned the hotel where Bobby was shot and allowed Jewish mobsters to use it for gambling operations. It was Henry Crown's personal lawyer Albert E Jenner, who was appointed by Johnson and to be part of the Warren Commission whitewash, was hired to look into the backgrounds of the two most important individuals, Lee Harvey Oswald and Jack Ruby. Of course he found no intelligence ties or mob ties. Jenner was also a director for general Dynamics. Reading the biographies given for these men by the WC and comparing them to the mountains of information we have now is enough to make even the most crooked lawyer blush. Jack Ruby's first jail visitor was the mob boss of Dallas.The only dramatic changes under LBJ were on his Middle East policy. He had Americans killed! About the USS Liberty which the Israelis attacked in the Six Day War, LBJ told Admiral Lawrence Geis “I dont care if that ship sinks to the bottom of the ocean.” LBJ stacked his admin with Zionists and the US has never recovered. Israel kept it nukes, Palestinians never got right of return, (it was never even brought up again) the lobbies never registered as foreign agents, and America as subsidized the racist apartheid state with billions every year from then to now. Of Course Johnson didn't want the ZOA (Zionist Organization of America) to be registered as a foreign lobby. His aunt, Jessie Johnson was on it! Few people know that according to Jewish law, LBJ was himself Jewish. His mother was Rebekah Baines, thus Johnson's middle name. She was Jewish. Her mother was Ruth Ament Huffman, and her mother was Mary Elizabeth Perrin all of whom were Jewish. Perrin's husband was John S. Huffman whose mother was Suzanne Ament, thus Ruth's Middle name. Ament was a German Jew. The Huffman's settled in Fredrick Maryland and from there went to Kentucky and finally Texas. The Jewish times brags ” The line of Jewish mothers can be traced back three generations in Lyndon Johnson's family tree. There is little doubt that he was Jewish.” Regardless there is no doubt that LBJ was a Zionist and put Israel's needs first. Writing that list would take a long time.On November 21, 1963, a government informant named Thomas Mosley was negotiating the sale of machine guns to a Cuban exile named Echevarria. In the course of the transaction, Echevarria said that “we now have plenty of money – our new backers are Jews” and would close the arms deal “as soon as we [or they] take care of Kennedy.” The next day, Kennedy was assassinated in Dallas.You wont see that in Oliver Stone's film on JFK of course the Executive producer of that film was Arnon Milchan, Israel's largest arms dealer. It is unfortunate but many laymen JFK researcher use that film as their initiation.Echevarria's words are often associated with the Mocone -Rowley memo. CD 498 [Rowley memorandum| which does reference it. It goes on to explain how the conversation was interrupted by other bus drivers. The follow up interview with the informant is of course classified.Furthermore this adds. “I further told Mr Johnson that the informant had worked with us in a recent counterfeiting Case and had proved to be reliable.”However the primary source is a Secret Service ReportSpecial Agent Joseph E Noonan.What is the Jewish (mafia/state) doing mixed up with anti-Castro Cuban exiles who were illegally buying arms? And why isn't this pre Kennedy assassination foreknowledge more well known? Oh but you see it is, only the Jews part is usually removed. I don't think researchers should omit this just to be Politically Correct. The international angle and Johnson's deep ties with Israel and Israel's motives to kill not only JFK but RFK as well, is seldom explored. Stone's movie doesn't even mention middle eastern policy or Israel and instead focuses on the Bay of Pigs and Vietnam. I think enough eyeballs have been over every inch of those theories for over 5 decades. I have a working theory that cleanly ties both assassinations together. But I am censored on everything.How Israel stole the bomb and killed JFKI need you to subscribe, it is just $6 a month less if you sign up for a year. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.ryandawson.org/subscribe

APAC stocks traded higher following the positive handover from Wall St where tech clawed back some of the DeepSeek-related losses.European equity futures indicate a positive open with Euro Stoxx 50 future up 0.8% after the cash market closed with gains of 0.1% on Tuesday; boosted by pre-market earnings from ASML.DXY is a touch lower, JPY, EUR and GBP are all marginally firmer vs. the USD, AUD lags post-CPI.Microsoft (MSFT) is probing if a DeepSeek-linked group improperly obtained OpenAI data, according to FT.Looking ahead, highlights include Spanish GDP (Q4), US Advance Goods Trade Balance, NZ Trade Balance, Fed, BoC, Riksbank & BCB Policy Announcements, Fed Chair Powell, BoC's Macklem & Rogers, Riksbank's Thedeen, BoE Governor Bailey, Supply from UK & Germany, Earnings from ASML, Volvo AB, Santander, Tesla, Meta, Microsoft, IBM, T-Mobile, Danaher, General Dynamics & VF Corp.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses mostly firmer, with Tech surging after blockbuster ASML bookings; NQ slightly outperforms.USD is a little firmer ahead of the FOMC, CAD awaits BoC, AUD softer post-CPI.Bonds are bid into the FOMC. BTPs & OATs attentive to domestic matters.Crude slides and metals trade mixed ahead of FOMC.Looking ahead, US Advance Goods Trade Balance, NZ Trade Balance, Fed, BoC, & BCB Policy Announcements Speakers including Fed Chair Powell, BoC's Macklem & Rogers, BoE Governor Bailey, Earnings from Tesla, Meta, Microsoft, IBM, ServiceNow, T-Mobile, Danaher, General Dynamics & VF Corp.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Nick Sonnentag is a Senior Principal Engineer at Oshkosh, where he contributes to the development of some of the world's toughest vehicles using additive manufacturing (AM). Drawing on experience from ATI, DuPont, and more, Nick possesses broad and deep expertise in 3D printing. In this episode of the 3DPOD, we discuss alloys, vehicle manufacturing, applications, and the readiness of directed energy deposition technology for widespread use. Not limiting his exploration of 3D printing to his work at Oshkosh, Nick founded Sunnyday Technologies to tackle the significant challenges in construction 3D printing. Rather than focusing on machines, he concentrates on the binders and the precise formulations needed to achieve specific properties in final structures. This approach stands out for its elegance and promise, diverging from conventional methods of discovering applications and materials. It makes this episode especially insightful. Nick also wanted to clarify that at one point, he mistakenly referenced General Atomics instead of General Dynamics and asked me to note this for accuracy.

In this week's episode of the Defence Deconstructed Podcast, David Perry interviews Dr. Julie Kim to discuss North Korean cyber programs. Julie dives into the vast impact of North Korean cyber programs on a global scale, emphasising their scope, response policies from affected countries and Canada's position in it all. Then, you'll hear Lieutenant-General Steve Kelsey, Vice Chief of the Defence Staff, address our audience at our 2024 Procurement Conference. This conference was made possible thanks to the support of the Department of National Defence's MINDS Program, our strategic sponsors Lockheed Martin Canada, General Dynamics and Hanwha Defence and Ocean, and our conference sponsors the Business Council of Canada, Raytheon, L3Harris Technologies, the Royal Norwegian Embassy to Canada, Amazon Web Services, Davie, and CAE. Defence Deconstructed is brought to you by Irving Shipbuilding. Guest: Dr. Julie Kim is a Post-Doctoral Fellow leading the Korea Program at the Canadian Global Affairs Institute. LGen Steve Kelsey is the Vice Chief of the Defence Staff. Hosts: David Perry is the President and CEO Canadian Global Affairs Institute. Music Credit: Drew Phillips Producer: Charlotte Duval-Lantoine

In this week's episode, Hemma visits Catherine Razzano, a veteran legal and compliance expert and Head of Global Legal Compliance at social media giant TikTok. Learn about Catherine's transition from private practice to in-house compliance work as she shares her journey from a prestigious clerkship and partnership track in Big Law with an FCPA and white-collar practice to leading in-house compliance teams at General Dynamics, Panasonic, and TikTok. Hemma asked Catherine about the challenges and benefits of working under a monitorship, with Catherine emphasizing the importance of relationship building and trust. Catherine also shared her experiences leading teams under scrutiny and pressure, including during the pandemic and at TikTok. Catherine discusses the source of her firm commitment to mentoring and sponsoring the next generation of ethics and compliance leaders. Tune in to hear inspiring insights on the importance of intentionality and finding your passion when navigating transitions as we enter the second quarter of the century in 2025. Highlights include: Managing compliance teams under scrutiny and pressure Culture-building in global organizations Navigating different industries as a compliance professional Following your passion for career growth and transitions The importance of mentoring and sponsorship Biography: Catherine Razzano is the Head of Legal Compliance at TikTok, the social media giant where she leads a global team of compliance professionals. She joined TikTok from Panasonic Avionics Corp., where she was hired in 2018 to help the company strengthen its compliance systems while under independent oversight following an investigation into violations of U.S. antibribery law. Before Panasonic, Catherine was an Associate General Counsel and Director of International Law & Compliance at General Dynamics after leaving her white-collar criminal practice at prestigious law firms, Cadwalader Wickersham and Taft and Clifford Chance, LLP, and serving as Judicial Law Clerk to the Honorable John M. Facciola in the United States District Court for the District of Columbia Thanks, as always, to our sponsor, Corporate Compliance Insights, and our wonderful #GWIC community. You can join the Great Women in Compliance community on LinkedIn here.

On today's episode of Defence Deconstructed, Jeff Tasseron discusses the imperative and the pathway for the creation of a Canadian defence industrial strategy with Wendy Hadwen, William Henagan, Trevor Neiman, and Craig Stone. This episode is a recording from our Procurement conference, which took place on November 25, 2024 in Ottawa. This conference was made possible thanks to the support of the Department of National Defence's MINDS Program, our strategic sponsors Lockheed Martin Canada, General Dynamics and Hanwha Defence and Ocean, and our conference sponsors the Business Council of Canada, Raytheon, L3Harris Technologies, the Royal Norwegian Embassy to Canada, Amazon Web Services, Davie, and CAE. Defence Deconstructed is brought to you by Irving Shipbuilding. Guests: Wendy Hadwen is the ADM Defence Industry Policy at the Department of National Defence Dr. Craig Stone is a CGAI Fellow and a Professor Emerita at the Canadian Forces College Trevor Neiman is Vice President Policy and Legal Counsel for the Business Council of Canada William C. Henagan is the Director for International Economics at the US National Security Council. Jeff Tasseron is Director of Business Development & Strategy at CAE D&S Canada and a CGAI Fellow. Host David Perry is the CEO and President of CGAI. Music: Drew Phillips. Producer: Charlotte Duval-Lantoine

Lockheed Martin, Raytheon, General Dynamics und über 20 weitere US-Firmen wurden von Peking mit Ausfuhrverboten belegt. Peking nimmt erneut US-Rüstungsbauer ins Visier.

General Dynamics says employees targeted in phishing attack Japan Airlines systems are back to normal after cyberattack American Addiction Centers suffers data breach Thanks to today's episode sponsor, ThreatLocker Do zero-day exploits and supply chain attacks keep you up at night? Worry no more; you can harden your security with ThreatLocker. ThreatLocker helps you take a proactive, default-deny approach to cybersecurity and provides a full audit of every action, allowed or blocked, for risk management and compliance. Onboarding and operation are fully supported by their US-based support team. To learn more about how ThreatLocker can help keep your organization running efficiently and protected from ransomware, visit ThreatLocker.com. For the story behind the headlines, go to CISOSeries.com

On this episode of Defence Deconstructed, Ian Brodie takes stock on the current state of procurement initiatives in Canada with Nancy Tremblay, Simon Page, and Richard Shimooka. This episode is a recording from our Procurement conference, which took place on November 25, 2024 in Ottawa. This conference was made possible thanks to the support of the Department of National Defence's MINDS Program, our strategic sponsors Lockheed Martin Canada, General Dynamics and Hanwha Defence and Ocean, and our conference sponsors the Business Council of Canada, Raytheon, L3Harris Technologies, the Royal Norwegian Embassy to Canada, Amazon Web Services, Davie, and CAE. If you like this episode, or any of the work CGAI does, please donate. Your support is critical for us to continue our work and expand our reach. Your donation is eligible for a 100% CRA charitable donation tax receipt. https://buy.stripe.com/28o29deEmeCH1ck8ww Speakers' bios: Dr. Ian Brodie is CGAI's Program Director Nancy Tremblay is the Assistant Deputy Minister of Materiel at DND Simon Page is Assistant Deputy Minister of Defence and Marine Procurement Branch at PSPC Richard Shimooka is a Senior Fellow at the Macdonald-Laurier Institute Defence Deconstructed is brought to you by Irving Shipbuilding Music Credits: Drew Phillips Produced by Charlotte Duval-Lantoine

Peter Strayer is the Chief Marketing Officer of Azure Standard, America's leading provider of healthful foods and products. A master communicator, seasoned consultant, and business strategist, Peter brings over 25 years of experience with iconic global brands and pioneering startups, offering a uniquely broad, strategic perspective across multiple industries.In his career, Peter has held influential leadership roles, including Chief Marketing Officer, Director of Public Relations, Senior Marketing Strategist, and Business Administrator. He has partnered with renowned organizations such as Gibson Guitar, Fortune 200 titan, General Dynamics, OsteoStrong — a global biohacking leader — and Azure Standard, where he leads and shapes a talented marketing department to elevate Azure Standard's brand impact and growth.Show Sponsors RogersHood.com (code IDM for a discount) and EpicNotes.ProSupport the showFor more Informed Dissent visit our website at Informed Dissent Media Follow us on Social media @InformedDissentMedia

Peter Strayer is the Chief Marketing Officer of Azure Standard, America's leading provider of healthful foods and products. A master communicator, seasoned consultant, and business strategist, Peter brings over 25 years of experience with iconic global brands and pioneering startups, offering a uniquely broad, strategic perspective across multiple industries.In his career, Peter has held influential leadership roles, including Chief Marketing Officer, Director of Public Relations, Senior Marketing Strategist, and Business Administrator. He has partnered with renowned organizations such as Gibson Guitar, Fortune 200 titan, General Dynamics, OsteoStrong — a global biohacking leader — and Azure Standard, where he leads and shapes a talented marketing department to elevate Azure Standard's brand impact and growth.Show Sponsors RogersHood.com (code IDM for a discount) and EpicNotes.ProSupport the showFor more Informed Dissent visit our website at Informed Dissent Media Follow us on Social media @InformedDissentMedia

In this episode, we have Lynwood Owens, Jr. who talks about his experience with acquisition in the IT industry. He shares how he found the Service Disabled Veteran-owned company that he worked for and helped grow, and how the company was later acquired by General Dynamics Information Technology (GDIT) due to its CMMI Level 3 certification, which helped GDIT obtain more government contracts. He also talks about how he previously worked for an 8(a) company that was acquired by General Dynamics, which later became GDIT. if you want to learn more about Lynwood's experience and wisdom, listen to this episode.

On today's Defence Deconstructed, David Perry speaks to the Minister of Public Services and Procurement, the Honourable Jean-Yves Duclos, about the work underway to reform Canada's procurement system. This episode is a recording from our Procurement conference, which took place on November 25, 2024 in Ottawa. This conference was made possible thanks to the support of the Department of National Defence's MINDS Program, our strategic sponsors Lockheed Martin Canada, General Dynamics and Hanwha Defence and Ocean, and our conference sponsors the Business Council of Canada, Raytheon, L3Harris Technologies, the Royal Norwegian Embassy to Canada, Amazon Web Services, Davie, and CAE. Before that, he is joined by Charlotte Duval-Lantoine to talk about her experience at the Canadian Leaders at Sea program. If you like this episode, or any of the work CGAI does, please donate. Your support is critical for us to continue our work and expand our reach. Your donation is eligible for a 100% CRA charitable donation tax receipt. https://buy.stripe.com/28o29deEmeCH1ck8ww Defence Deconstructed is brought to you by Irving Shipbuilding. Music by Drew Philips, produced by Charlotte Duval-Lantoine.

On this episode of Defence Deconstructed, Charlotte Duval-Lantoine speaks to LGen Eric Kenny, VAdm Angus Topshee, and LGen Michael Wright about what the future of the Air Force, Navy, and Army looks like in a post-ONSAF world and with 2 per cent of GDP on defence spending. LGen Eric Kenny is the Commander of the Royal Canadian Air Force. VAdm Angus Topshee is the Commander of the Royal Canadian Navy LGen Michael Wright is the Commander of the Canadian Army. This episode is a recording from our Procurement conference, which took place on November 25, 2024 in Ottawa. This conference was made possible thanks to the support of the Department of National Defence's MINDS Program, our strategic sponsors Lockheed Martin Canada, General Dynamics and Hanwha Defence and Ocean, and our conference sponsors the Business Council of Canada, Raytheon, L3Harris Technologies, the Royal Norwegian Embassy to Canada, Amazon Web Services, Davie, and CAE. Defence Deconstructed is brought to you by Irving Shipbuilding Music Credits to Drew Phillips. Producer: Charlotte Duval-Lantoine

On this episode of Defence Deconstructed, David Perry speaks to The Hon. Bill Blair about reaching 2 per cent of GDP on defence spending, and what procurement reforms are needed to do so. This episode is a recording from our Procurement conference, which took place on November 25, 2024 in Ottawa. This conference was made possible thanks to the support of the Department of National Defence's MINDS Program, our strategic sponsors Lockheed Martin Canada, General Dynamics and Hanwha Defence and Ocean, and our conference sponsors the Business Council of Canada, Raytheon, L3Harris Technologies, the Royal Norwegian Embassy to Canada, Amazon Web Services, Davie, and CAE. Defence Deconstructed is brought to you by Irving Shipbuilding. The Hon. Bill Blair is the Minister of National Defence David Perry is the President and CEO of the Canadian Global Affairs Institute Music Credits: Drew Phillips. Producer: Charlotte Duval-Lantoine

Hoy con Miguel Méndez, analista independiente tenemos nuestro Consultorio de Bolsa, que deja claro que "la Bolsa europea está débil, con cualquier corrección en EEUU podemos tener un varapalo importante en Europa". Con el experto analizamos los siguientes valores: Grifols, Tesla, Amazon, Lockheed, General Dynamics, Vinci, Apollo Global, Marathon Digital, Arkema, Thyssenkrupp, Coca-Cola, Mapre y Rovi. Por supuesto, también analizamos la última noticia que ha sacudido a los accionistas de Grifols. Brookfield planea abandonar la opa de exclusión a Grifols lo que ha hecho que los títulos rocen caídas del 10%. Hay que recordar que Grifols rechazaba la semana pasada la valoración planteada por Brookfield ante la posible opa sobre la compañía. El fondo propone el pago de 10,5 euros por las acciones A de la compañía y de 7,62 euros por los títulos B. La catalana considera que una potencial oferta a este nivel de valoración «infravaloraría significativamente» las perspectivas fundamentales de la compañía y su potencial a largo plazo.

Marc Ribes, cofundador y CEO de Blackbird Broker, analiza los títulos de IAG, Prosegur, Pernod Ricard, Almirall, Riot Platforms, General Dynamics o ArcelorMittal, entre otros.

Ralph and the team invite cofounder of RootsAction, Norman Solomon, to autopsy the carcass of the Democratic Party after Donald Trump's decisive defeat of Kamala Harris in the presidential election. They dissect what happened on November 5th and report what needs to be done about it. Norman Solomon is co-founder of RootsAction.org and executive director of the Institute for Public Accuracy. He is the author of War Made Easy, Made Love, Got War, and his newest book, War Made Invisible: How America Hides the Human Toll of Its Military Machine.The Democrats couldn't even get their base vote out that they got out in 2020. And what are they looking at? Are they looking at themselves in the mirror for introspection? Are they cleaning house? Do they have any plan whatsoever— other than collect more and more money from corporate PACS? This is a spectacular decline.Ralph NaderWe kept being told that party loyalty über alles, we had to stay in line with Biden. And…that lost precious months, even a year or a year and a half, when there could have been a sorting out in vigorous primaries. We were told that, "Oh, it would be terrible to have an inside-the-party primary system." Well, in 2020, there were 17 candidates, so there wasn't space on one stage on one night to hold them all—the debates would have to be in half. Well, it didn't really debilitate the party. Debate is a good thing. But what happened was this party loyalty, this obsequious kissing-the-presidential-feet dynamic allowed Biden to amble along until it became incontrovertible that he wasn't capable.Norman SolomonA lot of people on that committee—and of course, running the DNC—they and their pals had this pass-through of literally millions of dollars of consultant fees. Win, lose, or draw. It's like General Dynamics and Northrop Grumman, they never lose a war. And so, these corporate donors, they never lose a presidential race. They didn't lose what happened with Harris and Trump. They cashed in, they made out like the corporate bandits that they are.Norman SolomonOne reality as an activist that I've come to the conclusion on in the last couple of decades is that progressives tend to be way too nice to Democrats in Congress, especially those that they consider to be allies. Because they like what some of the Democrats do…and so they give too many benefits of the doubt. It's like grading them on a curve. We can't afford to grade them on a curve.Norman SolomonIn Case You Haven't Heard with Francesco DeSantisNews 11/6/241. As of now, Donald Trump is projected to win the 2024 presidential election by a greater margin than 2016. In addition to winning back Pennsylvania, Michigan, Wisconsin, Georgia and Arizona, Trump also appears to have flipped Nevada – which went for both Joe Biden and Hillary Clinton. Most shocking of all, Trump has won the national popular vote, something he failed to do in 2016 and 2020 and which no Republican has done in 20 years. Democrats also faced a bloodbath in the Senate elections, with Republicans on track to win a 54 seat majority in the upper chamber.2. Bucking tremendous party pressure, Representative Rashida Tlaib declined to endorse Kamala Harris at a United Autoworkers rally in Michigan just days before the election, POLITICO reports. Tlaib urged attendees to turn out but “kept her speech focused on down-ballot races.” Tlaib is the only member of “the Squad” to withhold her support for Harris and the only Palestinian member of Congress. She has been a staunch critic of the Biden Administration's blind support for Israel's campaign of genocide in Palestine and voted Uncommitted in the Michigan Democratic primary.3. Along similar lines, the Uncommitted Movement issued a fiery statement on the eve of the election. According to the group, “Middle East Eye ran a story…[which] contains unfounded and absurd claims, suggesting that Uncommitted made a secret agreement with the Democratic Party to not endorse a third-party candidate.” The statement goes on to say that “this baseless story…is misguided at best and a dishonest malicious attack at worst.” Uncommitted maintains that “leaders and delegates are voting in different ways, yet remain untied in their mission to stop the endless flow of American weapons fueling Israel's militarism.” In September, Uncommitted publicly stated that they would not endorse Kamala Harris, citing her continued support for the Biden Administration policy toward Israel, but urged supporters to vote against Donald Trump.4. Progressive International reports that over 50 sovereign nations have called for an immediate arms embargo on Israel, calling it “a legal, humanitarian and moral imperative to put an end to grave human suffering.” This letter cites the “staggering toll of civilian casualties, the majority of them children and women, due to ongoing breaches of international law by Israel, the occupying Power,” and warns of “regional destabilization that risks the outbreak of an all-out war in the region.” Signatories on this letter include Turkey, Egypt, Jordan, Norway, Mexico, South Africa, Brazil, Cuba, Bolivia, and China among many others.5. Representatives Rashida Tlaib and Cori Bush have sent a letter to President Biden accusing him of illegally involving the American armed forces in Israel's war without proper Congressional authorization. Per the accompanying statement, “The Biden administration has deepened U.S. involvement in the Israeli government's devastating regional war through comprehensive intelligence sharing and operational coordination, and now even the direct deployment of U.S. servicemembers to Israel. Not only do these actions encourage further escalation and violence, but they are unauthorized by Congress, in violation of Article I of the Constitution and the War Powers Resolution of 1973.” The letter concludes “The Executive Branch cannot continue to ignore the law…In the absence of an immediate ceasefire and end of hostilities, Congress retains the right and ability to exercise its Constitutional authority to direct the removal of any and all unauthorized Armed Forces from the region pursuant to Section 5(c) of the War Powers Resolution.” This letter was endorsed by an array of groups ranging from the Quincy Institute to Jewish Voice for Peace to the Presbyterian and Methodist Churches, and signed by other pro-Palestine members of Congress including Ilhan Omar, Summer Lee, and André Carson – though notably not AOC.6. In a story that touches on both the election and labor issues, the New York Times Tech Guild voted to go on strike Monday morning. The Times Tech Guild, which represents “workers like software developers and data analysts,” at the Times negotiated until late Sunday night, particularly regarding “whether the workers could get a ‘just cause' provision in their contract…pay increases and pay equity; and return-to-office policies,” per the New York Times. The Guardian reports “The Tech Guild's roughly 600 members are in charge of operating the back-end systems that power the paper's…[coverage of] the presidential election between Kamala Harris and Donald Trump – but also the hundreds of House and dozens of Senate races across the US that will determine who will secure control of Washington in 2025.” Kathy Zhang, the guild's unit chair, said in a statement “[The Times] have left us no choice but to demonstrate the power of our labor on the picket line…we stand ready to bargain and get this contract across the finish line.”7. In more labor news, AP reports the striking Boeing machinists have “voted to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production.” The deal reportedly includes “a 38% wage increase over four years, [as well as] ratification and productivity bonuses.” That said, Boeing apparently “refused to meet strikers' demand to restore a company pension plan that was frozen nearly a decade ago.” According to a Bank of America analysis, Boeing was losing approximately $50 million per day during the strike, a startling number by any measure. The union's District 751 President Jon Holden told members “You stood strong and you stood tall and you won,” yet calibration specialist Eep Bolaño said the outcome was “most certainly not a victory…We were threatened by a company that was crippled, dying, bleeding on the ground, and us as one of the biggest unions in the country couldn't even extract two-thirds of our demands from them. This is humiliating.”8. Huffington Post Labor Reporter Dave Jamieson reports “The [National Labor Relations Board] has filed a complaint against Grindr alleging the dating app used a new return-to-office policy to fire dozens of workers who were organizing.” He further reports that NLRB General Counsel Jennifer Abruzzo is seeking a “Cemex order” which would “force the company to bargain with the [Communications Workers of America].” In a statement, CWA wrote “We hope this NLRB filing sends a clear message to Grindr that…we are committed to negotiating fair working conditions in good faith. As we continue to build and expand worker power at Grindr, this win…is a positive step toward ensuring that Grindr remains a safe, inclusive, and thriving place for users and workers alike.”9. In further positive news from federal regulators, NBC's Today reports “On Oct. 25, the United States Copyright Office granted a copyright exemption that gives restaurants like McDonald's the “right to repair” broken machines by circumventing digital locks that prevent them from being fixed by anyone other than its manufacturer.” As this piece explains, all of McDonald's ice cream machines – which have become a punchline for how frequently they are out of service – are owned and operated by the Taylor Company since 1956. Moreover “The…company holds a copyright on its machines…[meaning] if one broke, only [Taylor Company] repair people were legally allowed to fix it…due to the Digital Millennium Copyright Act…a 1998 law that criminalizes making or using technology, devices or services that circumvent the control access of copyrighted works.” This move from the Copyright Office reflects a larger pattern of regulators recognizing the issues with giving companies like Taylor monopolistic free reign over sectors of the economy and blocking consumers – in this case fast food franchisees – from repairing machines themselves. With backing from public interest groups like U.S. PIRG, the Right to Repair movement continues to pick up steam. We hope Congress will realize that this is a political slam dunk.10. Finally, in an astounding story of vindication, Michael and Robert Meeropol – sons of Ethel Rosenberg, who was convicted of and executed for passing secrets to the Soviet Union – claim that long-sought records have definitively cleared their mother's name. Per Bloomberg, “A few months ago, the National Security Agency sent the Meeropols a box of records the spy agency declassified…Inside was a seven-page handwritten memo…The relevant passage…is just eight words: ‘she did not engage in the work herself.'” Put simply, Rosenberg was wrongfully convicted and put to death for a crime she did not commit. The article paints the picture of the men uncovering this key piece of evidence. “After he read it, Robert said his eyes welled up. “Michael and I looked at it and our reaction was, ‘We did it.'”This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe

On this episode of Defence Deconstructed, Dr. Alexander Salt speaks to Cdr Gray, LCol Couillard, LCol Luhning, LCol Peitzsche, and Maj Gaulthier about their services' approach to AI Adoption. This episode is from Triple Helix' October 29, 2024 roundtable on AI adoption within the Canadian Armed Forces. It was made possible thanks to the Department of National Defence's MINDS program, CGAI's strategic sponsors Lockheed Martin Canada, General Dynamics, Hanwha Defence and Ocean, and our roundtable sponsor L3Harris Technologies. Defence Deconstructed is brought to you by Irving Shipbuilding. • Cdr Gray, Section Head, Naval Innovation, RCN • LCol Couillard, J6, CANSOFCOM • Col Luhning, Director, Digital and Army Combat System Integration, Canadian Army • LCol Peitzsche, C4ISR Requirement Analysis Section Head, RCAF • Dr. Alexander Salt, Post-Doctoral Fellow, Triple Helix Music Credits: Drew Philipps. Producer: Charlotte Duval-Lantoine

On this week's Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. Rocket Ron Epstein of Bank of America Securities, Sash Tusa of the independent equity research firm Agency Partners, and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian to discuss the end of Wall Street's winning streak; Boeing's union rejects the deal brokered by the company and labor leadership, prolonging the strike that's crippled production as the jetmaker also says it's considering selling part of its storied space business; Boeing, Booz Allen Hamilton, CACI, GE Aerospace, General Dynamics, L3 Harris, Lockheed Martin, MTU, Northrop Grumman, RTX, Saab, Safran, Teledyne, Textron and Thales report earnings; eVTOL company Lillium runs out of cash Volocopter, Vertical, and Overair also struggle; a version of Lockheed Martin's C-130 — dubbed the E-130J — will replace the Navy's Boeing 707-based E-6 Mercury nuclear command and control jets; declining US Air Force fighter availability rates including for the F-35 that's ready a hair under 52 percent; Saab notes delays with the T-7 Red Tail trainer it's jointly producing with Boeing; a recap of the National Business Aviation Association tradeshow in Las Vegas; and European security views as the US presidential election approaches.

In this podcast episode, Dr. Jonathan H. Westover talks with Amy Gilliland about how companies can be the solution to the loneliness epidemic. Amy Gilliland (https://www.linkedin.com/in/amy-gilliland-gdit/) is president of General Dynamics Information Technology (GDIT), a business unit of General Dynamics Corporation. GDIT is a $8.5B global technology enterprise with operations in 30 countries worldwide and 30,000 technologists and services professionals delivering critical mission capabilities across defense, civilian and intelligence agencies. Gilliland has more than 25 years of public sector experience including service in the U.S. Navy and nearly two decades in leadership positions at General Dynamics. Check out all of the podcasts in the HCI Podcast Network!

The Gateway Podcast – Linda Salvin– Generational Curses? Date: Oct 14, 2024 Episode: 47 Discussion: Generational Curses with Linda Salvin About Linda: Linda Salvin earned her bachelor's degree in health education from San Francisco State University in 1975, followed by a Master's in Public Health with a focus on Epidemiology and Environmental Health from the University of Michigan in 1977. After graduation, she worked as an Industrial Hygienist for General Dynamics, where she created a health program for thousands of employees, and later became an Environmental Health Specialist for an insurance company. She was also ordained as a Doctor of Divinity in 1999 and completed her Ph.D. in Metaphysics in 2008. A series of life-changing accidents beginning in 1981 shifted Linda's career path from public health to psychic and spiritual work. After surviving a plane crash and experiencing multiple near-death experiences, Linda discovered her psychic abilities and healing gifts. These transformative experiences, coupled with major surgeries, deepened her connection to the spiritual plane, leading her to assist others through channeling and trans mediumship. Today, she uses her unique abilities to help people heal and connect with lost loved ones. Website: www.lindasalvin.com Host: CL Thomas C.L. Thomas travels widely every year as a fine arts photographer and writer exploring various afterlife research, OBEs, metaphysics, folklore, and lectures at events. C.L. does "Spirit" art on request. She is the author of the haunting memoir "Dancing with Demons" and the acclaimed historical-fiction novel “Speaking to Shadows”. C.L. is the creator and host of the Small Town Tales Podcast. She has written many articles and maintains a blog on legends, folklore magic, and paranormal stories. Currently, she resides in Las Vegas, Nevada with her beloved Golden Retriever and Maine Coon cat. www.clthomas.org Follow CL on Social Media: Facebook: https://www.facebook.com/profile.php?... Instagram: / author_cl_thomas

On this episode of Defence Deconstructed, you'll first hear then Assistant Deputy Minister (Infrastructure and Environment) Rob Chambers discuss how is office is moving forward on the defence real property investments. Then, you'll hear a panel discussion on greening DND's infrastructure portfolio, featuring: • Saleem Sattar, Director General, Environment and Sustainable Management at DND • Lou Riccoboni, Vice-President, Corporate Affairs at the Canadian Nuclear Laboratories & Partner, Prospectus and Associates • Sonia Powell, Real estate executive • And moderated by Scott Stevenson, Fellow at the Canadian Global Affairs Institute These recordings are from our June 13, 2024 conference on building the necessary infrastructure for NORAD modernization, which took place on June 13, 2024. This event was made possible thanks to the Department of National Defence's MINDS Program, CGAI's strategic sponsors Lockheed Martin Canada, General Dynamics, Hanwha Defence and Ocean, Cenovus, conference sponsors Canadian Nuclear Laboratories, PCL Construction, and Rio Tinto. Music credits to Drew Philips. Produced by Charlotte Duval-Lantoine.

Kelly Newman, Senior Engineering Manager at General Dynamics Mission Systems (GDMS), reflects on his impressive 28-year career with the company, where he currently oversees the prime contract for the Space Development Agency. Having conducted interviews with hundreds of cleared professionals in recent years, Kelly has gathered valuable insights and tips for successful interviewing. He is actively looking to expand his team by hiring talented Software Engineers and System Engineers.5:51 Flexible work environment in a safe, agile framework. Kelly's team is about 150 individuals and they are planning to grow to over 200 team members. 7:09 Kelly is looking for individuals who have the potential to grow. He enjoys hiring young, energetic, and enthusiastic engineers. 13:15 Don't try to answer questions that you don't have an answer for. Be OK with saying, “I don't know.”Find complete show notes at: https://clearedjobs.net/gd-mission-systems-hiring-software-and-system-engineers-podcast/_ This show is brought to you by ClearedJobs.Net. Have feedback or questions for us? Email us at rriggins@clearedjobs.net. Sign up for our cleared job seeker newsletter. Create a cleared job seeker profile on ClearedJobs.Net. Engage with us on LinkedIn, Facebook, Instagram, X, or YouTube. _

Norské fondy, fond Nadace Alfreda Nobela, Nadační fond univerzity Yale anebo Kanadský penzijní plán. Patří mezi největší správce aktiv na světě, které živí už několik generací penzistů nebo dekády výzkumu. Čím mohou inspirovat?Na začátku byl objev ropy v Norsku, dědictví po vynálezci dynamitu Alfrédu Nobelovi nebo štědré dary absolventů Yaleské univerzity. Kdyby peníze z pozůstalosti či z nerostného bohatství šikovně nezhodnotily ve fondech, patrně by z nich dnes nezbylo nic. Podobně jako z českého privatizačního fondu.Jenže stovky portoflio manažerů je fondech jsou ty Norské či Nobelovy zhodnocují jako perpetuum mobile. „Cílem u všech není vydělat co nejvíce peněz v jednom roce, ve dvou letech, 10 letech, ale zachovat majetek pro co nejdelší období.  Jejich investiční horizont je nekonečno,“ říká v podcastu Ve vatě analytička One Family Office Anna Píchová.Každý z fondů má svůj vlastní model investování. Přesto, že mají ve správě stovky miliard, můžou sloužit jako inspirace i pro drobné investory, a to ve třech aspektech. Investují dlouhodobě, do široké palety nástrojů a vybírají se z nich v rozumné výši.Kdo umí vybírat, má nekonečnou rentuFond Nobelovy nadace začal v roce 1901 fungovat v dnešních penězích s pěti miliardami korun. Švédský vynálezce si přál, aby šly peníze do bezpečných cenných papírů, to byly tehdy například dluhopisy kryté zlatem. Když ale hodnota fondu v čase klesala, musela se strategie proměnit.V současné době tvoří velkou část portfolia akcie firem, které nejsou veřejně obchodované, tzv. private equity nebo hedgeové fondy.  Dluhopisy tvoří 18 % portfolia. Zhodnocení se v posledních letech osciluje kolem 10 %.Na výplatu renty nobelistům spotřebuje nadace, která má nyní pod správou 13,3 miliard korun, zhruba 3,5 % celkové hodnoty majetku nadace. To je podle Píchové jedna z věcí, kterou se může inspirovat i malý investor. „Pokud se z portfolia vybírá nějakých 3–5 %, mělo by to doručovat nekonečnou rentu,“ říká, portfolio se takto totiž dokáže samo obnovovat.Průkopníci z YaleModel Yaleské univerzity je průkopnický do značné míry díky jeho nejslavnějšímu portfoliomanažerovi Davidu Svensonovi, který za 35 let kariéry dokázal doručovat průměrný výnos 13,5 %.Do portfolia začal zařazovat i private equity fondy, které investují do soukromých společností, které nejsou obchodovány na burze. Většinou fond nějakou firmu koupí, řídí, spravuje ji, a až ji zhodnotí, tak ji prodá. Svenson nakoupil i venture kapitálové fondy, které se zaměřují na mladé firmy, a taky hedgeové fondy.Strategie Yaleského nadačního fondu, který spravuje 41 miliard dolarů, je rizikovější než „u Nobelů“. Ale protože nejsou cílem firmy z burzy, není denní kolísání jejich hodnoty tolik vidět.I harvardská univerzita investuje. „Harvard je oproti Yale smutný příběh. Často se v posledních letech měnili portfolio manažeři.  Harvardu bývají vyčítáno náklady na řízení a výsledky nejsou úplně dobré. V posledních 10 letech se jejich portfolio zhodnotilo jenom o nějakých 5,3 %.“Tyto investice jsou otevřeny kvalifikovaným investorům, od určité výše majetku, inspirace se pro běžného investora hledá těžko. Ale jedno kopírovat lze. „Dlouhodobá vize a držení je strategie, která funguje,“ uvažuje Píchová.Jak se investuje pro norské důchodce?Norský penzijní fond byl otevřen v roce 1996, mimochodem až tři dekády poté, co Norové začali s těžbou ropy. Jde o vůbec největší fond na světě, který investuje do akcií.„Mají  72 % všech prostředků zainvestováno v akciích na veřejně obchodovaných trzích, všude po světě, ale neinvestují do norských firem, aby se diverzifikovali.  Nějakých 25% je v dluhopisech a v nástrojích peněžního trhu a malou část portfolia necelé 2 % tvoří nemovitosti a 0,1 % je v obnovitelných zdrojích,“ shrnuje Anna Píchová.Portfolio má objem skoro 1,7 bilionů dolarů. „Jejich strategie je investovat do velkých akcií, mají Microsoft, jehož jsou největším akcionářem, Apple, Nvidii, Alphabet, Amazon, Metu. Do první desítky se dostal i tchajwanský Semiconductor a evropské  Novonordisk a ASML,“ vyjmenovává analytička.  Obdobné diverzifikace mohou podle ní drobní investoři docílit jednoduše skrze ETF.Dlouhodobý výnos za celou existenci fondu je poměrně nízký, 6,3 %. Ve fondu je i česká stopa, a to ve formě akcií Komerční banky nebo Monety,  v minulosti i  Kofoly. „Norové“ dají v ve výběru firem na ESG kritéria, v září kvůli nim z portfolia vyškrtli zbrojaře General Dynamics.Kanadská inspiraceZhruba pětinu výnosů norských fondů  vyčerpá norský státní rozpočet. „Nicméně jsou tam pravidla, aby se to nezvrtlo a aby ten majetek a ta hodnota byla zachována hlavně pro ty budoucí generace, až ropa jednou dojde,“ podotýká Píchová.Taky Kanadský penzijní plán slouží pro výplatu důchodů.  Pravidelně do něj přitékají peníze z důchodových odvodů. „Za posledních 10 let zhodnotil o 9,2 % ročně v průměru, což je poměrně solidní na tu jeho velikost, protože je v něm nějakých 645 miliard dolarů,“ rekapituluje Píchová.Oproti norskému fondu, který se drží indexů, jsou kanadské penzijní fondy aktivním investorem. „Spravují zhruba 30 % akcií, mají také docela dost private equity, zhruba 13 % jsou kreditní investice, zhruba 8 % portfolia je v nemovitostech a dalších 8 % v  infrastrukturních projektech. Rozložení toho portfolia je inspirací,“ míní analytička.*****Ve vatě. Podcast novinářky Markéty Bidrmanové. Poslechněte si konkrétní rady investorů a odborníků na téma investic, inflace, úvěrů a hypoték. Finanční „kápézetka“ pro všechny, kterým nejsou peníze ukradené.Vychází každý čtvrtek. Poslouchejte na Seznam Zprávách, Podcasty.cz nebo ve všech podcastových aplikacích.V podcastu vysvětlujeme základní finanční pojmy a principy, nejde ale o investiční poradenství.O čem byste chtěli poslouchat příště? Co máme zlepšit? A co naopak určitě neměnit? Vaše připomínky, tipy i výtky uvítáme na adrese audio@sz.cz.

Join Tim Gilday and GDIT Senior Solutions Architect Michael Carter to explore the ins and outs of blockchain – from what makes the technology unique to the opportunities it can unlock now and in the future. In Voices of Innovation—a podcast by GDIT—we bring you into conversations with the thinkers, innovators, and mission experts who are shaping some of the most complex government, defense, and intelligence projects across the country. We explore cutting-edge technologies, from artificial intelligence to quantum computing, that are crucial for leading and accelerating government missions.   Each episode features insights and stories from GDIT, government, and industry technologists. They are at the helm, leveraging groundbreaking technology to drive missions that matter most. Join us as we  dive into a world where technological innovation meets strategic execution. Subscribe now to never miss an episode.   GDIT is a global technology and professional services company that delivers consulting, technology and mission services to every major agency across the U.S. government, defense and intelligence community. Our 30,000 experts extract the power of technology to create immediate value and deliver solutions at the edge of innovation. We operate across 30 countries worldwide, offering leading capabilities in digital modernization, AI/ML, Cloud, Cyber and application development.     

In this episode of the Capitalist Investor, Tony and Derek dive into a controversial headline from Fox Business involving billionaire hedge fund manager John Paulson's alarming statement on shifting to cash if Harris wins the presidency. With Luke on assignment, Tony and Derek explore the potential economic impacts of Harris's proposed tax policies, including increased corporate tax rates and a 25% unrealized gain tax on high-income earners. The hosts provide their insights on how these policies could affect the average investor and discuss investment strategies like active management and election-proof stocks. Don't miss this engaging discussion and feel free to share your thoughts and questions at info@swpconnect.com.1. John Paulson's Alarming HeadlineThe episode kicks off with hosts Derek and Tony delving into a startling announcement by billionaire hedge fund manager John Paulson. Paulson, known for being a Trump fundraiser, warned on Fox Business that he'd move to cash and gold if Kamala Harris were to win the presidency. The hosts express concerns about the potential ripple effects of such headlines on the average investor. While Paulson can afford to shift to cash, the average retiree cannot. Tony emphasized the principle of "time in the market is better than timing the market," arguing that knee-jerk reactions can result in missing out on both the market's peaks and valleys.2. Potential Economic Policies of a Harris PresidencyDerek and Tony also scrutinize the possible economic policies of a Kamala Harris presidency, notably her unclear stance on various issues. Derek points out her proposal to increase corporate tax rates to 28%, something that the hosts believe would be devastating for the markets. Tony further noted that higher taxes on the wealthy could end up leading to job cuts and reduced economic growth. Both hosts agreed that such economic policies could cause at least a 10% market correction.3. Active Management Versus Index FundsIn the middle of their discussion, Tony highlights the importance of active management, especially in volatile political climates. He argues that while the last few years have been relatively easy for index fund investors, times are changing. Active management, he believes, will shine through by identifying "election-proof" stocks. Tony cites companies like Cameco and General Dynamics as examples, explaining that both are likely to remain strong regardless of who wins the election.4. 25% Unrealized Gain Tax ProposalOne of the more controversial topics discussed was the potential for a 25% unrealized gain tax on individuals earning over $100 million. Tony warns that such a tax could be a "death strike" for the stock market. By taxing unrealized gains, individuals like Elon Musk would be forced to liquidate a significant portion of their holdings, causing market turmoil. The hosts question the foresight behind such policies, stressing that the repercussions would extend beyond the wealthy and impact the market at large.5. Conspiracy Theories and Political WealthIn a lighter yet thought-provoking segment, the hosts delve into a conspiracy theory regarding the enrichment of politicians. Tony muses about how many politicians, despite their relatively modest salaries, end up becoming incredibly wealthy through real estate and lucrative stock investments. He hypothesizes that if high taxes on the wealthy were implemented, even rich politicians could be privately lobbying against such changes to protect their own assets.The episode is a rich tapestry of financial insights, political analysis, and market strategies, making it a must-listen for anyone looking to understand the multifaceted impacts of the upcoming elections. As always, Derek and Tony encourage their listeners to send in their questions and show ideas to further explore these compelling topics.

You do not have the right to repair your own belongings because of intellectual property rights granted to corporations by Congress in 1998. In this episode, listen to the debate happening in Congress about if and how they should grant customers the right to repair and get a status update on the multiple efforts under way in the current Congress, including one with a good chance of becoming law. Please Support Congressional Dish – Quick Links Contribute monthly or a lump sum via Support Congressional Dish via (donations per episode) Send Zelle payments to: Donation@congressionaldish.com Send Venmo payments to: @Jennifer-Briney Send Cash App payments to: $CongressionalDish or Donation@congressionaldish.com Use your bank's online bill pay function to mail contributions to: Please make checks payable to Congressional Dish Thank you for supporting truly independent media! Background Sources Recommended Congressional Dish Episodes McDonald's Ice Cream Machines Andy Greenberg. December 14, 2023. Wired. Joseph Fawbush. March 29, 2022. FindLaw. John Deere Luke Hogg. January 8, 2024. Reason. Internet of Things Updates and Maintenance Márk Szabó. August 27, 2024. WeLiveSecurity. Massachusetts Auto Repair Law Massachusetts Office of the Attorney General. DoD's Revolving Door OpenSecrets. OpenSecrets. Karl Evers-Hillstrom and Reid Champlin. June 18, 2019. OpenSecrets. OpenSecrets. Salary.com. Military Right to Repair Issues Kyle Mizokami. February 11, 2020. Popular Mechanics. Max Finkel. February 8, 2020. Jalopnik. Elle Ekman. November 20, 2019. The New York Times. Lucas Kunce and Elle Ekman. September 15, 2019. Technological Protection Measures (TPMs) Jennifer Zerkee. November 8, 2023. Simon Fraser University. Cyber Risks Sam Curry et al. January 3, 2023. samcurry.net. Apple Lawsuit Brandon Vigliarolo. December 18, 2023. The Register. NDAA Sec. 828 Jason Koebler. August 28, 2024. 404 Media. AdvaMed et al. July 30, 2024. DocumentCloud via 404 Media. Laws Bills Sec. 828 : REQUIREMENT FOR CONTRACTORS TO PROVIDE REASONABLE ACCESS TO REPAIR MATERIALS. Fair Repair Act Audio Sources May 16, 2024 Senate Armed Services Committee Witnesses: Carlos Del Toro, Secretary of the Navy Clip Sen. Elizabeth Warren: So the Navy acquires everything from night vision goggles to aircraft carriers through contracts with big defense contractors, but the contractors often place restrictions on these deals that prevent service members from maintaining or repairing the equipment, or even let them write a training manual without going back through the contractor. Now the contractors say that since they own the intellectual property and the technical data underlying the equipment, only they have the right to repair that equipment. These right to repair restrictions usually translate into much higher costs for DOD, which has no choice but to shovel money out to big contractors whenever DOD needs to have something fixed. So take the Navy's littoral combat ship, General Dynamics and Lockheed Martin considered much of the data and equipment on the ship to be proprietary, so the Navy had to delay missions and spend millions of dollars on travel costs, just so that contractor affiliated repairmen could fly in, rather than doing this ourselves. Secretary Del Toro, when a sailor isn't allowed to repair part of their ship at sea, and a marine isn't allowed to access technical data to fix a generator on a base abroad. One solution is for the Navy to buy the intellectual property from the contractors. So can you say a little bit about what the benefits are of the Navy having technical rights for the equipment that it has purchased. Sec. Carlos Del Toro: The benefits are enormous, Senator, and we've actually had tremendous success, I'd say, in the last year and a half to two years, through the taxpayer advocacy program that we initiated when I came in. There have been three examples, one, gaining the intellectual property rights for the new ACV class of ships that will replace the AAVs. The F-35 negotiations really proved themselves out in a significant way as well, too. And lastly, the 20 F-18s that the Congress authorized in ‘22 and ‘23, we were able to make significant gains in terms of the government finally getting the intellectual property rights that were necessary for us to be able to properly sustain those moving forward. Sen. Elizabeth Warren: So I am very, very glad to hear this. I like the taxpayer advocacy project and how you're training contract officers to secure technical equipment that the Navy buys, but I think you should have the support of Congress on this. Senator Braun and I have introduced the Stop price gouging the military act to give DoD more tools to get cost and pricing data so that you will be in a better position to negotiate better deals with contractors. There's also more that we can do to ensure that the Navy and the rest of the services have the rights they need to bolster readiness. So let me ask you, Secretary Del Toro, would having a stronger focus on right to repair issues during the acquisition process, like prioritizing contract bids that give DoD fair access to repair materials, and ensuring that contract officers are looking into buying technical rights early on, would that help the Navy save costs and boost readiness at the same time? Sec. Carlos Del Toro: Very much. Senator, in fact, one of the things that we have prioritized since I came in as Secretary of the Navy, given my acquisition background, is actually those negotiations need to happen as early as possible before that we even as we develop the acquisition strategy for that contract to go out to bid, and by doing so, we will reap tremendous returns. July 18, 2023 House Judiciary Committee Witnesses: Aaron Perzanowski, Thomas W. Lacchia Professor of Law, University of Michigan Law School , Legal Fellow, Hudson Institute's Forum for Intellectual Property Kyle Wiens, Co-founder and CEO, iFixit Paul Roberts, Founder, SecuRepairs.org; Founder and Editor-in-Chief, the Security Ledger Scott Benavidez, Chairman, Automotive Service Association; Owner, Mr. B's Paint & Body Shop Clips 41:25 Scott Benavidez: My name is Scott Benavidez. I'm the Chairman of the Automotive Service Association's Board of Directors. I am also a second generation shop owner from Albuquerque, New Mexico, Mr. B's Paint and Body Shop. Scott Benavidez: We do have concerns when some insurers insist on repairs that are simply cheaper and quicker, without regard to quality and safety. Repairers understand better than anyone the threat of replacement crash parts or lesser quality. We can and should have a competitive marketplace that doesn't compromise quality or safety, deciding to only cover the cheapest option without understanding implications for quality leaves collision shops and their customers in a tough position. Very few consumers have the knowledge about these types of crash parts used on their vehicles as numerous crash parts in the marketplace, such as OEM (original equipment manufactured) parts, certified aftermarket parts, aftermarket parts, reconditioned crash parts, and recycled crash parts. Repairers can make recommendations, but their customers are unlikely to hear if the insurance won't cover them. 46:45 Paul Roberts: My name is Paul Roberts, and I'm the founder of Secure Repairs. We're an organization of more than 350 cyber security and information technology professionals who support the right to repair. 46:55 Paul Roberts: I'm speaking to you today on behalf of our members to make clear that the fair access to repair materials sought by right to repair laws does not increase cyber risk, and in fact, it can contribute to a healthier and more secure ecosystem of smart and connected devices. Paul Roberts: Proposed right to repair legislation considered by this Congress, such as the Repair Act, or last session, the Fair Repair Act, simply asks manufacturers that already provide repair information and tools to their authorized repair providers to also provide them at a fair and reasonable price to the owners of the devices and to third parties that they may wish to hire to do their work. 47:35 Paul Roberts: By definition, the information covered by right to repair laws is not sensitive or protected, as evidenced by the fact that the manufacturers already distribute it widely to hundreds, thousands, or even tens of thousands of workers for their authorized repair providers. This could be everyone from mechanics working at auto dealerships to the folks staffing the Geek Squad at Best Buy. 48:00 Paul Roberts: Also, we have yet to find any evidence that the types of information covered by right to repair laws like schematic diagrams, service manuals, diagnostic software and replacement parts act as a portal to cyber attacks. The vast majority of attacks on internet connected devices - from broadband routers to home appliances to automobiles - today exploit weaknesses in the embedded software produced and distributed by the manufacturers, or alternatively, weak device configurations so they're deployed on the internet in ways that make them vulnerable to attack. These security weaknesses are an epidemic. A recent study of the security of Internet of Things devices, by the company Phosphorus Labs, or a cybersecurity company, found that 68% of Internet of Things devices contained high risk or critical software vulnerabilities. As an example, I'd like to call attention to the work of a group of independent researchers recently led by Sam Curry, who published a report, and you can Google this, "Web Hackers vs. the Auto Industry" in January 2023. That group disclosed wide ranging and exploitable flaws in vehicle telematics systems from 16 different auto manufacturers. At a leading GPS supplier to major automakers, the researchers claimed to obtain full access to a company-wide administration panel that gave them the ability to send arbitrary commands to an estimated 15.5 million vehicles, including vehicles used by first responders, police, fire and so on. Hacks like this take place without any access to repair materials, nor is there any evidence that providing access to repair software will open the doors to new attacks. 50:05 Paul Roberts: For the last 25 years, Section 1201 of the Digital Millennium Copyright Act has given manufacturers an incentive to deploy software locks widely and to limit access to security researchers. That's kind of a model what we call in cybersecurity, security through obscurity. In other words, by keeping the workings of something secret, you're making it secure. But in fact, that doesn't work, because cyber criminals are very resourceful and they're very determined, and they don't really care what the law says. 50:35 Paul Roberts: Section 1201 has also enabled what one researcher has described as dark patterns in the design and manufacture of hardware that includes everything from locking out customers from access to administrative interfaces, administrative features of the products that they own, as well as practices like part pairing, which Kyle will talk to you more about, in which manufacturers couple replaceable components like screens and sensors and cameras to specific device hardware. Such schemes make manufacturers and their authorized repair providers gatekeepers for repairs, and effectively bar competition from the owners of the devices as well as independent repair providers. 54:45 Kyle Wiens: You think about what is local? What is American? Main Street you have a post office and a repair shop. And unfortunately, we've seen the whittling down of Main Street as the TV repair shops went away when the manufacturers cut off access to schematics, as the camera repair shops went away when Nikon and Canon decided to stop selling them parts. We've seen this systematically across the economy. In the enterprise space, you have Oracle and IBM saying that you can't get security updates to critical cyber infrastructure unless you buy a service contract with them, so they're tying long term service contracts with the security updates that are necessary to keep this infrastructure secure. 56:45 Kyle Wiens: Over the last decade plus, I've been working on Section 1201, trying to get exemptions for the ability to repair products. The challenge that we've had in the section 1201 process every triennial I go back and we ask for permission to be able to fix our own things is that the exemptions we've gotten really only apply to individual consumers. They aren't something that I could use to make a tool to provide to one of you to fix yourself. So in order for someone to take advantage of a 1201 exemption that we have, they have to be a cybersecurity researcher and able to whittle their own tools and use it themselves, and that just doesn't scale. 57:45 Devlin Hartline: My name is Devlin Hartline, and I'm a legal fellow at the Hudson Institute's forum for intellectual property. 57:50 Devlin Hartline: I'd like to start with a question posed by the title of this hearing, is there a right to repair? And the answer is clearly no. A right is a legally enforceable claim against another, but the courts have not recognized that manufacturers have the duty to help consumers make repairs. Instead, the courts have said that while we have the ability to repair our things, we also have the duty not to infringe the IP rights in the process. So it is in fact, the manufacturers who have the relevant rights, not consumers. 58:30 Devlin Hartline: Right to repair supporters want lawmakers to force manufacturers to make the tools, parts, and know-how needed to facilitate repairs available to consumers and independent repair shops. And the assumption here is that anything standing in the way of repair opportunities must necessarily harm the public good, but these tools, parts and know-how, are often protected by IP rights such as copyrights and design patents. And we protect copyrighted works and patented inventions because, as the Constitution recognizes, this promotes the public good. We reward creators and innovators as an incentive for them to bring these things to the marketplace and the public benefits from the introduction of new products and services that increase competition. Thus, the right to repair movement isn't based on a pre-existing right. It's instead asking lawmakers to create a new right at the expense of the existing rights of IP owners. 1:00:45 Devlin Hartline: IP owners are merely exercising their federally protected IP rights, and this is not actionable anti-competitive conduct. It is instead how the IP system is supposed to work. We grant IP owners exclusive rights so they can exclude others, and this, in turn, promotes the investments to create and to commercialize these creative innovations in the marketplace, and that promotes the public good. Aaron Perzanowski: My name is Aaron Perzanowski. I am a professor of law at the University of Michigan, and for the last 15 years, my academic research has focused on the intersection of personal and intellectual property rights in the digital economy. During that time, the right to repair has emerged as a central challenge to the notion that we as consumers control the devices that we buy. Instead consumers, farmers, small businesses, all find that manufacturers exert post-sale control over these devices, often in ways that frustrate repair. Aaron Perzanowski: Repair is as old as humanity. Our Paleolithic ancestors repaired hand axes and other primitive tools, and as our technologies have grown more complex, from the Bronze Age through the Renaissance, to the high tech devices that we all have in our pockets here today, repair has always kept pace. But today, manufacturers are employing a range of strategies that restrict repair, from their hardware and software design choices to clamp downs on secondary markets, and we also troublingly see attempts to leverage IP rights as tools to restrict repair. These efforts are a major departure from the historical treatment of repair under the law, the right to repair is not only consistent with nearly two centuries of IP law in the United States, it reflects half a millennium of common law property doctrine that rejects post-sale restrictions on personal property as early as the 15th century. English property law recognized that once a property owner sells an item, efforts to restrain how the new owner of that item can use it are inconsistent with the essential nature of private property and obnoxious to public policy. As the Supreme Court has repeatedly recognized, IP laws' respect for the property interests of purchasers of copyrighted and patented goods was profoundly shaped by this common law tradition. In 1850, the Supreme Court recognized that the repair of a patented machine reflected "no more than the exercise of that right of care, which everyone may use to give duration to that which he owns." A century later, the Court held that the repair of a convertible car roof was justified as an exercise of "the lawful right of the property owner to repair his property." And just a few years ago, the court reaffirmed the rejection of post-sale restrictions under patent law in Impression Products vs. Lexmark, a case about refurbishing printer ink cartridges. Copyright law, not surprisingly, has had fewer occasions to consider repair restrictions. But as early as 1901, the Seventh Circuit recognized "a right of repair or renewal under US copyright law." When a publisher sued to prevent a used book dealer from repairing and replacing damaged components of books, the court said that "the right of ownership in the book carries with it and includes the right to maintain the book as nearly as possible in its original condition." A century after that, Congress itself acknowledged repair as a right that owners enjoy, regardless of copyright restrictions, when it enacted section 117 C of the Copyright Act. That provision was designed to undo a Ninth Circuit decision that allowed copyright holders to prevent third party repairs of computers. Section 117 C explicitly permits owners of machines to make copies of computer programs in the course of maintenance or repair. And finally, the US Copyright Office over the last decade has repeatedly concluded that diagnosis, repair, and maintenance activities are non-infringing when it comes to vehicles, consumer devices, and medical equipment. So the right to repair is firmly rooted in basic principles of US IP law. Aaron Perzanowski: Section 1201 of the DMCA makes it practically impossible for consumers to exercise their lawful right to repair a wide range of devices, from tractors to home electronics, even though the copyright office says those activities are not infringing, and the weakening of standards for design patents allow firms to choke off the supply of replacement parts needed to repair vehicles, home appliances, and other devices. Aaron Perzanowski: One way to think about a right is as an affirmative power to force someone else to engage in some behavior, and in some cases, that is what we're talking about. We're talking about imposing, especially on the state level, regulations that impose requirements on manufacturers. I think that's true of the Repair Act on the federal level as well. But, I think part of what we also need to keep in mind is that sometimes what you need to effectuate a right is to eliminate barriers that stand in the way of that right. So we can think about this, I think, helpfully in the context of tools that enable people to engage in repair. The state level solution has been to require manufacturers to give their own tools to repair shops, sometimes compensated under fair and reasonable terms. The other solution would be to change section 1201 to say, let's allow independent repair shops to make their own tools. I think both of those solutions have some value to them. I also think it's really important to keep in mind that when we're talking about IP rights, there are always multiple sets of interests at stake, and one of the key balances that IP law has always tried to strike is the balance between the limited statutory exclusive rights that the Patent and Copyright Acts create and the personal property rights of consumers who own these devices. And so I think a balancing is absolutely necessary and appropriate. 1:15:20 Aaron Perzanowski: I think the best solution for Section 1201 is embodied in a piece of legislation that Representatives Jones and Spartz introduced in the last Congress, which would create a permanent exception to Section 1201 for repair that would apply not only to the act of circumvention, but would also apply to the creation and distribution of tools that are useful for repair purposes that does not open the door to broad, unrestrained, creation of circumvention tools, but tools that are that are targeted to the repair market. 1:16:40 Devlin Hartline: He cited a case about where you can repair a cover on a book. That's very different than recreating the book, every single word in it, right? So there's a difference between repairing something and then crossing the line into violating the exclusive rights of IP owners in the patented product or the copyrighted book. And so the things that repair supporters are asking for is that, if somebody has a design patent that covers an auto body part, well, they have the right to exclude other people from making that part, but repair supporters say they shouldn't have that exclusive right, because, you know, we could increase competition if we just took away their design patent and now other people could make that part, and so that's competition. But that's not the type of competition that IP law and competition law seek to support. That's like saying, if we just let the Pirate Bay copy and distribute all of the Disney blockbuster movies, then that's competition, and prices would go down. But that's not the way that we do it, right? So competition means other people come up with new products and new services, and so that's what we should be trying to support. 1:26:45 Rep. Jerrold Nadler (D-NY): Repair advocates argue that section 1201, prevents non-infringing circumvention of access controls for purposes. But Congress contemplated this use when it passed the DMCA in 1998, allowing for a triennial exemption process. Is the exemption process working as intended? And if not, are there actions Congress can take to expand exemptions or make them easier to acquire? Devlin Hartline: What's important about the triennial rulemaking is that the proponent of an exemption has to come forward with evidence and demonstrate that there's actually a problem and it relates to a certain class of works, and then they can get a temporary exemption for three years. And so it is true that the Librarian of Congress, the last few rulemakings, has said that because using a copyrighted work in a way for repair, maintenance, etc, is Fair Use that they grant these exemptions. But these exemptions are quite narrow. They do not allow the trafficking of the computer programs that can crack the TPMs. And so it's very narrowly done. And the concern is that if you were to create a permanent exemption that opens things all the way up with access controls, copy controls and trafficking thereof, is now you're getting to the point of why we even have these TPMs under 1201 in the first place, and that's because they guard against piracy. And so the concern is that you're opening the piracy floodgates. You make these devices less secure, and then content owners are going to be less likely to want to put their content on these devices. Rep. Ben Cline (R-VA): How does section 1201 of the DMCA impact the ability of consumers and independent repair shops to modify or repair devices that have proprietary software and data in the consumer electronics industry? Aaron Perzanowski: Thank you so much for the question. As we've been talking about the copyright office in 2015, 2018, 2021, and they're in the process for the current rulemaking, has determined that engaging in circumvention, the removal or bypassing of these digital locks for purposes of repair, is perfectly lawful behavior, but there is a major practical mismatch here between the legal rights that consumers enjoy under federal law today and their practical ability to exercise those rights. And that's because, as Devlin was just describing, the section 1201 rulemaking does not extend to the creation or distribution of tools, right? So I have the right under federal law, to remove the technological lock, say, on my video game console, if I want to swap out a broken disk drive. How do I do that? I'd like to think of myself as a pretty technologically sophisticated person. I don't have the first clue about how to do that. I need a person who can write that code, make that code available to consumers so that I can. All I'm trying to do is swap out a broken disk drive on my video game. But you would argue that code is proprietary, correct? So I'm talking here about a third party making their own code that is simply allowing me to engage in activity that the Copyright Office has repeatedly said is non-infringing. Rep. Ben Cline (R-VA): So you want to give them a map. Is that, essentially, what you're saying? Aaron Perzanowski: Absolutely, yes, I do. Rep. Ben Cline (R-VA): Do trade secrets play a role in the right to repair debate? Aaron Perzanowski: There are occasions where trade secrets are important. I don't think in the context that we're talking about here with section 1201, that we're typically running into trade secret issues. The state-level bills that have been introduced do typically address trade secrets and often have carve outs there. And I think that's something worth considering in this debate. But I think it's important to keep in mind that just because we have some hypothetical worry about some unknown bad actor taking a tool that I use to fix my video game console -- Rep. Ben Cline (R-VA): It's not unknown. The Chinese do it all the time. Aaron Perzanowski: I don't think the Chinese are particularly worried about whether or not I can fix my video game console, and in fact, I think that point is important, but the bad actors already have these tools. All we're trying to do is get very targeted tools in the hands of law abiding citizens who just want to repair the stuff they buy for their kids for Christmas, right? If the Chinese are going to hack the PlayStation, they've already done it. 1:32:25 Aaron Perzanowski: So the 1201 process is what established the legality of circumvention for repair purposes. But when Congress created that rulemaking authority, it only extends to the act of circumvention, the actual removal. Congress did not give the [Copyright] Office or the Librarian [of Congress] the authority to grant exemptions to the trafficking provisions, and that's where I think legislative intervention is really important. 1:39:00 Kyle Wiens: One of the challenges was section 1201. It doesn't just ban repair tools, it also bans the distribution of cybersecurity tools. And so we've seen security researchers....Apple sued a company that made a security research tool under 1201 and that tool has markedly made the world more secure. It's very popular amongst government security researchers. So I think that's kind of the sweet spot is, allow some third party inspection. It'll make the product better. 1:41:25 Kyle Wiens: These ice cream machines are made by Taylor, and there is an incredibly complex, baroque set of touchscreens you have to go through. And then there's a service password you have to be able to get past in order to access the settings that really allow you to do what you want. And so, in an ideal world, you'd have an entrepreneur who would come along and make a tool to make it easier for McDonald's, maybe they could have an app on their phone that they could use to configure and help them diagnose and repair the machine. Unfortunately, the company who made that tool is struggling legally because of all these challenges across the board. If we had innovation outside of the manufacturers and to be able to develop new tools for fixing ice cream machines or anything else, you have a whole flowering ecosystem of repair tools right now. It doesn't exist. The US is like this black hole where innovation is banned in software repair. There's all kinds of opportunities I could see, I had a farmer ask me for help fixing his John Deere tractor, and I had to say, I can't do that particular repair because it's illegal. I'd love to build a cool app for helping him diagnose and fix his tractor and get back back in the field faster. We don't have that marketplace right now. It's like farmers have been forced to, like, use cracked Ukrainian versions of John Deere diagnostic software, right? Rep. Russell Fry (R-SC): So it's not just ice cream machines. I led off with that, but it's farmers, it's farm equipment, it's iPhones, it's somebody's Xbox, right? I mean, these are all things.... in your experience, what are the challenges that these customers and stakeholders face when they're trying to repair their own devices? What are some things that they face? Kyle Wiens: It's absolutely infuriating. So my friend, farmer in San Luis Obispo, Dave grows all kinds of amazing products. He has a $300,000 John Deere tractor, came to me and said, Hey, there's a bad sensor. It's going to take a week to get that sensor sent out from Indiana, and I need to use the tractor in that time. Will you help me bypass the sensor? I could hypothetically modify the software in the tractor to do that. Practically, I didn't have the legal ability, and so he had to go and rent an expensive tractor for the week. This is impacting people's lives every single day. 1:43:50 Rep. Russell Fry (R-SC): So, to pivot a little bit, what role do you see from a federal side, from legislation, and what specific measures do you think might be included in such legislation? Kyle Wiens: So we've seen the solutions being approached from two angles. At the state level, you have states saying John Deere and other manufacturers, if you have a dealership that has fancy tools, sell those tools to consumers and to independent shops, allow that competition. At the federal level, what we can do is enable a competitive marketplace for those tools. So rather than compelling John Deere to sell the tool, we can say, hey, it's legal for someone, an entrepreneur, to make a competing tool. And you have this in the car market. You can take your car down the AutoZone, you can buy a scan tool, plug it into your car, and it'll decode some of the error messages. Those tools exist on the auto market because we have a standard diagnostic interface on cars that you can access without circumventing a TPM. We don't have that for any other products. So another farmer in my town, he showed me how if he has a transmission go out on a truck, he can fix that. But if he has a transmission go out on his John Deere tractor, he can't. He can physically install the transmission, but he can't program it to make it work. I'd love to be able to make a software tool to enable him to replace his transmission. Aaron Perzanowski: So I think if we see passage of the SMART Act, we can anticipate significant reductions in the expenses associated with auto collision repairs. Estimates are that design patents on collision parts are responsible for about $1.5 billion in additional expenditures. We see price premiums on OEM parts over third party parts often reaching into like the 40% range, right? So these are pretty significant cost savings associated with that. Part of this problem, I think, does relate back to the kind of unique structure of this market. Most consumers are not paying out of pocket for collision repairs. Those costs are being covered by their auto insurance provider, and so the consumer doesn't see that the - I'm pulling this from memory, so don't hold me to this figure - but the side view mirror of a Ford Fiesta costing $1,500, that's not something that the consumer is confronted with, right? So this goes back to the question of notice. Do consumers know when they buy that vehicle that the repairs are going to be that expensive? I think in most cases, they don't. And so I think the SMART Act is a very targeted solution to this problem. I do think it's important to note that the design patent issue for replacement parts is not limited to the automotive industry. I think it's the most, I think that's the area where the problem is most pressing. But home appliances, consumer electronics, we see companies getting design patents on replacement water filters for refrigerators so that they can charge three times as much when the little light comes on on your fridge to tell you that your water might not be as clean as you want it to be. So I think we have to think about that problem across a range of industries, but the automotive industry, I think, is absolutely the right place to start. Paul Roberts: I mean, one point I would just make is that with the Internet of Things, right, we are facing a crisis in the very near future as manufacturers of everything from home appliances to personal electronics to equipment, as those products age and those manufacturers walk away from their responsibility to maintain them. So we're no longer supporting the software. We're no longer issuing security updates. Who will step in to maintain those devices? Keep them secure, keep them operating right? The manufacturers walked away. Do we just get rid of them? No, because the equipment still works perfectly. We're going to need a market-based response to that. We're going to need small businesses to step up and say, hey, I'll keep that Samsung dishwasher working for another 20 years. That's a huge economic opportunity for this country, but we cannot do it in the existing system because of the types of restrictions that we're talking about. And so this is really about enabling a secure future in which, when you buy a dishwasher with a 20 year lifespan, or 25 year lifespan, it's going to last that 25 years, not the five to six years that the manufacturer has decided, you know, that's how long we want to support the software for. Paul Roberts: My understanding is the use of design patents has increased dramatically, even exponentially, in the last 10 to 15 years. If you go back to the 90s or 80s, you know, parts makers, automakers were not applying these types of patents to replaceable parts like bumpers and rear view mirrors. Somebody had a business decision that, if you can do so, then we can capture more of that aftermarket by outlawing identical aftermarket replacements that has a huge downstream impact on car owners and on insurers and on all of us. 2:10:15 Paul Roberts: Both of the things that we're really proposing or talking about here, which would be changes to Section 1201 of the DMCA as well as passage of robust right to repair laws, would empower a market-based response to keeping the internet of things working, secure and functioning. DMCA 1201 reforms by making it clear that you can circumvent software locks for the purpose of repair and maintenance and upkeep, right? So that would take the threat of the federal crime away from small business owners as well as security researchers who are interested in, you know, plumbing that software for purposes of maintenance, upkeep and repair. And on the right to repair by making the tools available to maintain and upkeep products - diagnostic software, schematic diagrams, service manuals - available. Once again, you'll be empowering small business owners to set up repair shops and say, I'm going to keep your smart appliance running for its full 25 or 30 year lifespan, and I'm going to support my family doing that locally, and not be basically choked out of business by a company that says, Well, you don't have the right to access this product. From a cybersecurity perspective, that is really important, because one thing we don't want is a population of millions or tens of millions of out of date, unsupported, unpatched, insecure internet connected home appliances, webcams, home routers out there available to nation state actors, cyber criminal groups, to compromise and use for their own purposes. And that's something we already see, particularly around broadband routers and other types of devices, and it's a real threat going forward that I think this type of these types of changes would support. Aaron Perzanowski In a lot of instances, this conversation, and we've touched on this earlier, focuses on cost savings, right? And cost savings are an important consideration, right? Farmers aren't thrilled that they have to pay a technician from the John Deere dealer to drive maybe hours to get to their farm and connect their laptop and, you know, download these payload files to enable their equipment to work. But in the agricultural space, the thing I hear most often in the conversations I have with farmers is and Kyle touched on this a bit earlier, is a real concern about the time sensitivity of their work. If your tractor is out of commission for a week or two in the wrong part of the season, that is going to have disastrous effects, right, not only on that farm's economic outlook, but collectively, it can have an impact like, not to be hyperbolic here, but on our national food supply, and so I think it's really important that farmers have flexibility in terms of where and how they execute repairs, so that they can get their equipment back up and running. If my laptop breaks and I can't get it fixed for a week or two, I'm annoyed there will be emails that go unanswered, but like the world will continue to spin. That is not the case in the agricultural space where we, I think, have to be much more concerned. Rep. Darrell Issa (R-CA): If I remove from my BMW, at least during certain models, I remove the radio, unplug it, and then plug it back in, simply because I was fiddling around with the dash, I now have to go back to the dealer to reinstall it. Similarly, the transmission example. I've got two John Deere tractors. One's got a busted engine, the other's got a busted transmission. Currently, they will prohibit you from moving the transmission from one to the other. From a standpoint of intellectual property, where, in God's green earth or the Constitution, are any of those designed to be rights that belong to the manufacturer, rather than rights that belong to the owners of those two John Deere tractors? Devlin Hartline: So those are a bunch of different situations, and so I think there would be underlying facts that differ with each right. So we started on the iPhone, and I was going to point out that iPhone will actually give you the tool to synchronize it. In those other situations, I don't know the business justification for it. How is that an IP problem? Right? So if that's locked up with the TPM, and you have to bypass the TPM, well then that's a violation of 1201, so that's how they can that's how they can lock -- Rep. Darrell Issa (R-CA): So what you're saying is that Congress has created impediments to the right to repair. Mr. Roberts, would you say that is correct? That, in fact, the right to repair, were Congress never to have done anything since, you know, George and Thomas were our presidents, so to speak, knowing those two presidents, we'd be able to do things we're not able to do because they're now prohibited by acts of Congress. Paul Roberts: Yes, and we certainly know going back to the 50s, 60s, 70s, there was a much more you know....First of all, companies would ship products with service and repair manuals with detailed schematic diagrams with the understanding that owners would want to replace and service them. And what I would say is, yes, absolutely. I doubt very much. And I know we had members who were here in 1998 authoring the DMCA. I think if you had said to them, in 25 years time, this law will be used to prevent somebody with a broken dishwasher from getting that serviced by their local repair shop or by for fixing it themselves, this law will prevent them from doing that, I doubt very much they would have said, yeah, that's pretty much what we want. Rep. Darrell Issa (R-CA): Well, I will tell you that the I was the chairman of what is now the Consumer Electronics Association in 1998 and we did predict a lot of these items were going to be expanded beyond the scope of the original. Paul Roberts: Right now this is not an urgent issue, because most of the cars out there are older vehicles. As we move forward, as telematic systems evolve, as automakers continue their trend of moving more and more information to telematic systems, this is going to become a bigger problem. I'll point out another problem, which is the Massachusetts law is contingent on data transfers of diagnostic and repair information via the OBD or onboard diagnostic two port under the dashboard. That's only there because of federal Clean Air law. Electronic vehicles don't have that port because they don't have emissions, and so in the very near future, as we shift to electronic vehicles, that data access port will no longer be there. It will all be telematics data, and so the utility of the Massachusetts law is going to decline over time, going forward. And again, I you know, when you start talking about right to repair, you become like this crazy person who talks about right to repair every time it comes up. But one thing I try and stress to people when I talk to them about auto repair is, if you live in Michigan or California and you have taken your vehicle to the local independent repair shop, you have only done that because the voters in Massachusetts passed a ballot measure over a decade ago and then updated it in November 2020. That is the very thin thread that our right to use independent auto repair hangs by in this country. That's not the way it's supposed to be. This is something that affects vehicle owners, hundreds of millions of them in all 50 states. And it's a type of thing that the federal government needs to address with federal legislation. It should not hang by this very thin thread. 2:30:20 Rep. Hank Johnson (D-GA): Are software updates new creations, and thus copyrightable? Devlin Hartline: Software updates, yeah, they're computer programs, and so Congress said explicitly in 1980, but it was understood before then, that computer programs are literary works and they're protected, just like any other copyrighted work. Rep. Hank Johnson (D-GA): Thank you, Professor Perzanowski, do you disagree? Aaron Perzanowski: I don't disagree at all that software updates are protectable subject matter under the Copyright Act. But what I think is important to keep in mind right is the Copyright Act and copyrights exclusive rights, and all of the exceptions and limitations to copyrights exclusive rights are created by Congress, and so if you think those rights are interfering with other important issues and concerns, then I think Congress clearly has the power to make changes to the copyright law in order to best serve what you ultimately determine to be in the public interest. 2:35:30 Aaron Perzanowski: Access to firmware and other code is really essential to the functioning and repair of lots of devices. I think there's some important differences between the standard essential patent context and kind of what we're talking about here in that in the standard essential patent context, we're relying on standard setting bodies to identify technologies and to require companies to license their patents under fair, reasonable and non-discriminatory terms. We don't quite have that infrastructure in place in the copyright context, but what we do have are compulsory licenses that exist within the Copyright Act already, one of which you were alluding to earlier, the mechanical license for musical works. We also have compulsory licenses for retransmissions of satellite and broadcast content that essentially say the copyright owner is entitled to compensation of some form, but they're not entitled to prevent people from using or accessing that underlying work, and I think that could be a useful framework here for getting owners of devices access to the firmware that they need. Music by Editing Production Assistance

Alissa Coram and Ed Carson discuss Monday's technical action and stocks to watch in the Stock Market Today.

Plus: U.S. July producer-price index showed that factory-gate inflation slowed slightly from June. Lockheed Martin and General Dynamics announce new rocket motor deal. And the U.S. lifts ban on bomb sales to Saudi Arabia. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

From thermonuclear weapons that helped stop the Cold War, to a Le Mans 24 Hour Eco Car, and now pioneering a revolutionary battery, today's guest has a truly remarkable career path.We're revisiting one of our top episodes from 2022 featuring a real, actual rocket scientist - Michael Burz, the CEO and Co-Founder of Enzinc. His startup is is commercializing a truly innovative zinc-based battery that promises the power density and re-chargeability of lithium at lead-acid prices. Michael's journey from designing cruise missiles to creating eco-cars at Nissan's Design Studio showcases his exceptional ability to innovate across industries.In this Flashback Friday clip, you'll discover:How Burz's upbringing and his mother's aviation background influenced his career.Michael's work designing Cruise Missiles at General Dynamics and engineering thermonuclear weapons during the Cold War. Michael's leadership in designing and building an all-carbon composite race car for Le Mans in record time and under budget.The collaboration with the US Naval Research Laboratory that led to defining and designing their zinc battery technology.If you'd like to hear more than just this snippet, then I'd encourage you to queue up episode 448 and learn more about how one engineer's relentless pursuit of innovation is shaping the future of battery storage.If you want to connect with today's guest, you'll find links to his contact info in the show notes on the blog at https://mysuncast.com/suncast-episodes/.Our Platinum Presenting Sponsor for SunCast is CPS America!SunCast is proudly supported by Trina Solar.You can learn more about all the sponsors who help make this show free for you at www.mysuncast.com/sponsors.Remember, you can always find resources, learn more about today's guest and explore recommendations, book links, and more than 650 other founder stories and startup advice at www.mysuncast.com.Subscribe to Valence, our weekly LinkedIn Newsletter, and learn the elements of compelling storytelling: https://www.linkedin.com/newsletters/valence-content-that-connects-7145928995363049472/You can connect with me, Nico Johnson, on:Twitter - https://www.twitter.com/nicomeoLinkedIn - https://www.linkedin.com/in/nickalusMentioned in this episode:CPS July 2024 V2

On this week's Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. Rocket Ron Epstein of Bank of America Securities, Sash Tusa of the independent equity research firm Agency Partners, and Richard Aboulafia of the AeroDynamic advisory consultancy, join host Vago Muradian discuss an upcoming week on Wall Street after a shaky start on lower than expected inflation and strong profits; American Airlines joins Delta and United in posting muted earnings prompting questions whether the jetliner market is cooling as the world's aerospace and defense leaders gathered at a muted Farnborough Air Show; Boeing nears an announcement of a new CEO; Leonardo CEO Roberto Cingolani says that he's “personally” ok with Saudi Arabia joining Britain and Japan in the Global Combat Air Program even as Japanese officials suggest doing so would create reputational risk; and Babcock, Bombardier, Booz Allen Hamilton, Dassault, General Dynamics, General Electric, L3 Harris, Lockheed Martin, Northrop Grumman, RTX, Textron and Thales all report earnings.

//The Wire//1530Z July 4, 2024////ROUTINE////BLUF: EXPLOSION AT GENERAL DYNAMICS EXPLOSIVES FACTORY IN ARKANSAS. BOIL WATER ADVISORY ISSUED FOR WASHINGTON D.C.// -----BEGIN TEARLINE------International Events-Middle East: Hezbollah rocket attacks have increased over the past few days, alongside Israeli targeting in southern Lebanon and the Golan Heights.Europe: A stabbing incident was reported in the vicinity of Versailles Palace this morning. No further details have been provided yet as this is a developing situation.-HomeFront-Washington D.C. – A boil water advisory has been emplaced for the entirety of the district due to potential water contamination. This advisory has been issued as a result of increased turbidity due to low water levels, which hinders chemical treatment efforts.Arkansas: A large explosion at the General Dynamics facility in Camden yesterday has resulted in the injury of 2x workers, with one employee still missing.-----END TEARLINE-----Analyst Comments: The cause of the blast has not been disclosed, however General Dynamics did indicate that the blast involved “pyrotechnics”. This extremely large facility provides warheads for Hellfire missiles, and provides the explosives for (and assembly of) Hydra/APKWS rockets.Analyst: S2A1//END REPORT//

Welcome back to Market Mondays! In this clip, our hosts Ian Dunlap, Rashad Bilal, and Troy Millings dive deep into the current state of Tesla and its stock price, examining the impact of Elon Musk's ambitious plans and market movements.

As had long been telegraphed, Ukraine's top general Valery Zaluzhny is now out; Oleksandr Syrsky is in. That marks a new phase in the war, and an opportunity for President Volodymyr Zelensky to reframe its terms. American car-insurance costs are skyrocketing—but, perversely, they are probably still too low (9:43). And the bonkers conspiracy theories involving the Super Bowl and Taylor Swift (15:03).Get a world of insights for 50% off—subscribe to Economist Podcasts+If you're already a subscriber to The Economist, you'll have full access to all our shows as part of your subscription. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

As had long been telegraphed, Ukraine's top general Valery Zaluzhny is now out; Oleksandr Syrsky is in. That marks a new phase in the war, and an opportunity for President Volodymyr Zelensky to reframe its terms. American car-insurance costs are skyrocketing—but, perversely, they are probably still too low (9:43). And the bonkers conspiracy theories involving the Super Bowl and Taylor Swift (15:03).Get a world of insights for 50% off—subscribe to Economist Podcasts+If you're already a subscriber to The Economist, you'll have full access to all our shows as part of your subscription. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.