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The Federal Communications Commission is currently investigating CBS for “intentional news distortion” for its editing of an interview with Kamala Harris. On this week's On the Media, what the new chairman of the FCC has been up to, and what led a top CBS producer to quit. Plus, what a growing effort to rewrite the history of Watergate tells us about the American right.[01:00] The Federal Communications Commission is currently investigating CBS for “intentional news distortion” for its editing of an interview with Kamala Harris. Host Brooke Gladstone talks with Max Tani, Semafor's Media Editor and co-host of the podcast Mixed Signals, about Brendan Carr's busy first three months as Chairman of the FCC and the impacts that these kinds of investigations could have on press freedoms.[15:37] Host Micah Loewinger speaks with Michael Koncewicz, political historian at New York University, about the fight over who gets to tell the story of Watergate and the years-long conservative movement to rehabilitate Richard Nixon's image.[29:26] Brooke sits down with Bryan Stevenson, public interest lawyer and founder of the Equal Justice Initiative, a human rights organization based in Montgomery, Alabama, to talk about the Trump Administration's war on museums, especially those that deal with our nation's history of racism. Further reading:How Nexstar dodged a Trump lawsuit, by Max TaniShari Redstone kept tabs on ‘60 Minutes' segments on Trump, by Max TaniThe Alarming Effort To Rewrite the History of Watergate, by Michael KoncewiczThe Worst Thing We've Ever Done, On the Media (2018) On the Media is supported by listeners like you. Support OTM by donating today (https://pledge.wnyc.org/support/otm). Follow our show on Instagram, Twitter and Facebook @onthemedia, and share your thoughts with us by emailing onthemedia@wnyc.org.
I prezzi internazionali dei medicinali, la crisi immobiliare in Australia e un mondo senza contanti: questi i temi analizzati dal professor Max Tani della University of New South Wales di Canberra.
Dopo l'annuncio di quello che Trump ha definito "Liberation Day", con tariffe imposte a tutto il mondo dagli Stati Uniti, l'indice del mercato azionario S&P ha perso complessivamente 2,4 trilioni di dollari di valore. L'analisi di Max Tani.
Happy Everything Is Content day & Happy Friday!Ruchira is back from her holiday... We're SO back... but we're also so sorry to tell you that we're now old enough that Gen Z are romanticising the 2010s. After years of us Millennials being an absolute joke to them, they're now craving a life of Buzzfeed, hipster myspace and American Apparel disco pants. We ask what it is about Millennial culture that is so cringe, but also, somehow better than whatever is going on right now.Next up, women in male dominated fields! Beth found a really interesting article on the website Semafor by Max Tani called “Young conservative women build an alternative to the manosphere.” And in the piece Tani explores several key female right wing creators who are now building empires and audiences in a way that feels very new and separate to the existing right wing media, which has historically been very male-dominated, often headed by controversial middle aged men who focus on recruiting young men into the fold and tend to espouse really misogynistic views that aren't particularly appealing to women anywhere on the political spectrum. Was it only a matter of time before we got a femosphere?And lastly, our timelines have been absolutely ablaze this week after Natalee Barnett, founder of the women's only gym, The Girls Spot, went back on her 2021 statement that her gym would be inclusive of trans women. We share our thoughts!We hope you enjoy, as always please do rate, review and remember to follow on your podcast player app :)In Production Partnership with Cue PodcastsBeth's been loving, Everyone In This Room Will Someday Be Dead, Letter LoopRuchira's been loving, Hacks, A Real PainOenone's been loving, I Found A Body, White Lotus Recap PodMillennial Redemption Arc Substack@romulusedits TikTokYoung conservative women build an alternative to the manosphereWhat's Going On With the Pretty Little Thing Rebrand?Influencer's U-turn on decision to set up trans-inclusive gym sparks massive backlash online Hosted on Acast. See acast.com/privacy for more information.
As the Trump administration takes control of the 100 year-old media pool system, Eugene Daniels, President of the White House Correspondents' Association shares concerns about government transparency and who now gets access to the President. Max Tani, Media Editor at Semafor explains the Washington Post's controversial new opinions policy and former Managing Editor Cameron Barr tells us why he resigned in protest. A new documentary, Kursk: 10 Days That Shaped Putin, sheds light on the early days of the Russian leader's presidency. Its Director Becky Read tells us how she made it alongside BBC Monitoring's Francis Scarr who explains how the 2000 submarine disaster shaped Putin's media strategy. We hear a profile of Amazon founder and Washington Post owner Jeff Bezos from Greg Williams, Deputy Global Editorial Director at WIRED. Also in the show, Oscar-winning director Molly O'Brien discusses her film The Only Girl in the Orchestra and the media demands of winning an Academy Award.Eugene Daniels, Chief Playbook and White House Correspondent, POLITICO and WHCA President; Cameron Barr, former Senior Managing Editor, Washington Post; Max Tani, Media Editor, Semafor; Becky Read, Director, Kursk: 10 Days That Shaped Putin; Francis Scarr, Russia Specialist, BBC Monitoring; Greg Williams, Deputy Global Editorial Director, WIRED; Molly O'Brien, Director, The Only Girl in the Orchestra Presenters: Katie Razzall and Ros Atkins Producer: Simon Richardson Assistant Producer: Lucy Wai
Jeff Bezos' growing influence on the Washington Post has reached a turning point, with changes to its opinion section prompting resignations from senior figures. Cameron Barr, a former managing editor, explains his decision to leave, expressing concerns about the paper's independence. Max Tani, media editor at Semafor, offers insight into how editorial and opinion functions differ between US and UK media. Greg Williams, deputy global editorial director at WIRED, examines Bezos' wider significance. Also in the programme, what is it like to win an Oscar? Director Molly O'Brien, whose documentary The Only Girl in the Orchestra won Best Documentary Short, shares her experiences of Hollywood's biggest night. Presenters: Katie Razzall and Ros Atkins Producer: Simon Richardson Assistant producer: Lucy Wai
After the Trump administration shakes up the press pool system, Eugene Daniels, President of the White House Correspondents' Association shares concerns about who now gets access to the President. Max Tani, Media Editor at Semafor explains the Washington Post's controversial new opinions policy and former Managing Editor Cameron Barr tells us they've led to him resigning from the paper. A new documentary, Kursk: 10 Days That Shaped Putin, sheds light on the early days of the Russian leader's presidency. Its Director Becky Read tells us how she made it alongside BBC Monitoring's Francis Scarr who tells us how the 2000 submarine disaster shaped Putin's media strategy. We get a profile of Amazon Founder and Washington Post owner Jeff Bezos from Greg Williams, Deputy Global Editorial Director at WIRED and Oscar-winning director Molly O'Brien discusses her film The Only Girl in the Orchestra and the media demands of winning an Academy Award.Eugene Daniels, Chief Playbook and White House Correspondent, POLITICO and WHCA President; Cameron Barr, former Senior Managing Editor, Washington Post; Max Tani, Media Editor, Semafor; Becky Read, Director, Kursk: 10 Days That Shaped Putin; Francis Scarr, Russia Specialist, BBC Monitoring; Greg Williams, Deputy Global Editorial Director, WIRED; Molly O'Brien, Director, The Only Girl in the OrchestraPresenters: Katie Razzall and Ros Atkins Producer: Simon Richardson Assistant Producer: Lucy Wai
Elon Musk's presence at a White House press conference surprised journalists when President Trump gave him the stage to address questions about his growing governmental influence. Jeff Mason, White House correspondent for Reuters, who asked Musk about claims of a “hostile takeover” of government, describes the experience. The Trump administration has announced significant cuts to the United States Agency for International Development (USAID), which provides funding to independent media organisations worldwide. Max Tani, reporter for Semafor, explains how this decision affects news outlets, particularly those operating in countries where press freedom is under threat. BBC Media Action, the BBC's international charity, has been affected by the cuts, with USAID previously providing millions in funding. Its CEO, Simon Bishop, clarifies the organisation's role and responds to Elon Musk's claim that USAID funds the BBC directly. The attention economy is reshaping the way people engage with media and technology. Chris Hayes, host of MSNBC's All In, draws comparisons between Big Tech's monetisation of attention and the Industrial Revolution's transformation of labour. He discusses the social and political consequences of mass digital engagement and offers insight into potential regulatory solutions. Presenter: Katie Razzall Producer: Simon Richardson Assistant producer: Lucy Wai
What happened at Elon Musk's unexpected White House press conference alongside President Trump? Reuters' Jeff Mason was there. Semafor's Max Tani and First Amendment expert Katie Fallow discuss Trump's $20 million lawsuit against CBS News. We also examine the impact of US AID cuts on global media, with BBC Media Action's Simon Bishop addressing claims of foreign influence. Wired's Lauren Goode profiles venture capitalist Marc Andreessen in a new series on Silicon Valley elites and MSNBC's Chris Hayes discusses his book The Siren's Call, all about the attention economy and big tech's grip on our focus.Guests: Max Tani, Media Editor, Semafor; Katie Fallow, litigation expert, Knight First Amendment Institute; Simon Bishop, CEO, BBC Media Action; Chris Hayes, Host, MSNBC, Lauren Goode, Senior Writer, Wired; Jeff Mason, White House Correspondent, Reuters Presenter: Katie Razzall Producer: Simon Richardson Assistant Producer: Lucy Wai
Un numero maggiore di persone cerca un secondo lavoro, intanto nel mondo il valore della valuta australiana è in libera caduta ma c'è la speranza di un calo dei tassi di interesse. Questi sono i temi esaminati questa settimana dal nostro esperto Max Tani, docente di Finanza dell'UNSW di Canberra.
We're kicking off 2025 with a foray into dating apps — and an announcement of Nayeema's next venture (not a dating app but a new show called Smart Girl Dumb Questions). But first: Today's episode of Mixed Signals merges Ben and Nayeema's interests in CMO podcasts and dating apps, respectively. Tinder CMO Melissa Hobley joins us to talk about digital exhaustion, the reality of rebranding and the political license that comes with a GenZ audience. Max Tani joins to debrief, and next week, he'll take the baton as co-host for the next era of Mixed Signals! Be sure to hit follow on Nayeema's new show on Apple, Spotify, YouTube or wherever you get your content! Find us on X: @semaforben, @nayeema, @maxwelltani or on instagram.com/nayeemaraza If you have a tip or a comment, please email us mixedsignals@semafor.com Sign up for Semafor Media's Sunday newsletter: https://www.semafor.com/newsletters/media
On Monday, Carlos Watson, the founder of Ozy Media, was sentenced to nearly 10 years – 116 months – in prison for fraud. Today, in Ben's first extensive conversation about it since Watson's arrest, he and Nayeema discuss Ozy, the scandal, and what it reveals about the broader digital media and advertising business. They bring on Madison and Wall analyst and former GroupM Global President for Business Intelligence, Brian Wieser, to talk about why marketers and investors were duped by Watson, what changed in the aftermath, and what the next digital media scam might be. After the conversation, Max Tani joins them to debrief. If you want more on the Ozy story, check out the three-part series, “The Unraveling of Ozy Media” from CJR's The Kicker. And for more from Brian Wieser, check out Madison and Wall's podcast and newsletter. NOTE: We'll be off next week – but stay tuned for our next episode (and some exciting news) on January 3rd, 2025. If you have a tip or a comment, please email us mixedsignals@semafor.com Find us on X: @semaforben, @nayeema, @maxwelltani or on instagram.com/nayeemaraza Sign up for Semafor Media's Sunday newsletter: https://www.semafor.com/newsletters/media
The Media Makes Amends With Donald Trump, NFL Audio, and an Icelandic Christmas Tradition Hello, media consumers! Bryan and David kick off the show by discussing Max Tani's interview with Kamala Harris campaign manager Rob Flaherty, who talked about key sports podcasters that turned down interviews with her (01:02). Then they discuss how ABC News settled its case with Donald Trump (9:56). Later, they talk about the following; Greg Olsen being happy to call his first Panthers game this year (14:40) The backlash from Larry Fitzgerald Sr.'s tweet about Randy Moss's cancer diagnosis (19:27) Words you will hear only in sports broadcasting (24:45) Whether or not The Athletic is OK (27:00) And in the Notebook Dump, Bryan introduces David to Icelandic Christmas (32:29) Plus, the Overworked Twitter Joke of the Week, Only in Journalism, America's Softest Target, and David Shoemaker Guesses the Strained-Pun Headline. Hosts: Bryan Curtis and David Shoemaker Producer: Brian H. Waters Learn more about your ad choices. Visit podcastchoices.com/adchoices
YouTube and podcasts have come fully of age as dominant forms of media, and legacy media companies are frantic to buy their way in. Ben and Nayeema tackle this with Colin and Samir, two veteran YouTubers and media thinkers who have spent years helping their peers figure out digital media. They talk about this latest rise of YouTube, the reality of revenue-backed creative, and what legacy media gets wrong about digital creators. It's a conversation so compelling that… Nayeema reveals she might try to jump ship into that world herself…?! After the conversation, Max Tani joins to debrief and offer his fact-check for the lacrosse scene in LA. Oh, and Colin and Samir also share their many GoDaddy accounts for their endless business ideas. For more from Colin and Samir check out their podcast, The Colin and Samir Show, and their newsletter, The Publish Press. If you have a tip or a comment, please email us mixedsignals@semafor.com Find us on X: @semaforben, @nayeema, @maxwelltani or on instagram.com/nayeemaraza Sign up for Semafor Media's Sunday newsletter: https://www.semafor.com/newsletters/media
Everyone's got a take on the post-election state of media, including us now. We went behind the headlines with Max Tani, media editor at Semafor, to unpack the changes, challenges and opportunities facing new and legacy media: the rise of podcasts, the proliferation of niche outlets, and the sustainability (or not) of the influencer-journalist model. Hosted on Acast. See acast.com/privacy for more information.
Everyone's got an opinion about the media…and almost everyone has a complaint. But why, exactly? And what does the fractured nature of what we read and listen to cost us? This week, Brittany sits down with Semafor's Max Tani, who breaks down how trust in the media has unraveled, what gender and race have to do with it, and the reason people are still fixating on why Kamala Harris didn't go on Joe Rogan. Plus, this week's UNtrending news: health benefits for sex workers!Follow Brittany on Instagram, Threads & Tik Tok @MsPackyettiFollow Max on X and BlueSky Follow The Meteor on Instagram @themeteor and X @themeteor. Follow Wonder Media Network on Instagram @wmn.media, X @wmnmedia, and Facebook.
The 2024 election cycle is finally over – so, what's coming to your screens next? Today, Ben and Nayeema dissect what the media learned from 2024 and where we go from here. They first chat to Max Tani about the news media, and then sit down with Ankler Media's Janice Min – who has been reporting on (and embedded in) Hollywood culture for decades. The conversation tackles whether politics and art stay linked or divorce, if Donald Trump will wake up “wokeism” again or if Americans will turn to escapism … and why TV is chasing the “gourmet cheeseburger.” Importantly: This is our last episode of season 1 and we want your feedback! Please email us with what you've liked, not liked and want more of for season 2. We're at bsmith@semafor.com and nayeema@semafor.com. Find us on X: @semaforben, @nayeema, @maxwelltani or on instagram.com/nayeemaraza Sign up for Semafor Media's Sunday newsletter: https://www.semafor.com/newsletters/media
Much of the traditional media were blindsided by Trump's election victory. To discuss why, Katie is joined by James Harding, Founder, Tortoise Media, Claire Atkinson, The Media Mix newsletter, and Max Tani, Media Editor, Semafor.Also on the show, a new investigation into the finances of the British Royal family. Alistair Jackson, Investigations Editor, Channel 4, Jennie Bond, former BBC Royal Correspondent and Kinsey Schofield, Host, To Di for Daily ask whether the Royals get an easy ride from the journalists tasked with scrutinising them. Presenter: Katie Razzall Producer: Simon Richardson Assistant Producer: Lucy Wai
Donald Trump has pledged to send reporters to jail and strip major television networks of their broadcast licenses. We discuss how the Presidential campaign was covered and what happens next. James Harding of Tortoise Media discusses his plans to buy The Observer, and as a new investigation into the business interests of the Royals is released, we discuss the story, its coverage and the life of the royal journalist.Guests: James Harding, Editor and Founder, Tortoise Media; Claire Atkinson, Media Reporter, Media Mix Newsletter; Max Tani, Media Editor at news website, Semafor; Alistair Jackson, Investigations Editor, Channel 4; Jennie Bond, former BBC Royal Correspondent; Kinsey Schofield, Host, To Di for DailyPresenter: Katie Razzall Producer: Simon Richardson Assistant Producer: Lucy Wai
In a noisy election cycle it's hard to find signals — even of the mixed variety. Today, Ben and Nayeema sit down with reporters David Weigel and Max Tani to parse what you're not seeing, from the “insane” tv ads at a Pittsburgh Steelers game and the print ads in an Arizona nail salon, to an unpublished Washington Post endorsement that was quashed by Jeff Bezos. One of these things may decide the election, and another could shape the blamegame that follows. If you have a tip or a comment, please email us mixedsignals@semafor.com Find us on X: @semaforben, @nayeema @maxwelltani or on Instagram @nayeemaraza Sign up for Semafor Media's Sunday newsletter: https://www.semafor.com/newsletters/media
[This blog will always be free to read, but it's also how I pay my bills. If you have suggestions or feedback on how I can earn your paid subscription, shoot me an email: cmclymer@gmail.com.]Yesterday, just before noon, The Washington Post, through CEO William Lewis, announced it would not endorse a candidate in the 2024 presidential election, the first time the nation's third-largest daily newspaper by circulation hasn't done so in nearly four decades.The announcement was shocking for two immediate reasons.The most grave—and, frankly, terrifying—reason is that the United States is obviously at threat of sliding into a horrific dictatorship from which it's difficult to see how we'd ever recover. Donald Trump and J.D. Vance have made it abundantly clear that they aspire to devolve our nation into the world's most powerful authoritarian regime. One need look no further than the chilling plans outlined in Project 2025.But there are many other warning signs, too. A small sampling:There's Trump openly praising Hitler's generals, according to his former chief-of-staff John Kelly (himself a retired four-star Marine Corps general), just the latest marker of fascist narcissism in Trump's very long and documented history of being obsessed with dictators.There's Trump repeatedly pledging to carry out the largest deportation of undocumented migrants in American history, a sweat-lipped plan made in blustering tones that somehow manages to exceed its inherent cruelty with an inexplicable failure to understand basic economics.(Not only is it logistically impossible to deport our nation's 11 million undocumented migrants, not only would it cost taxpayers an estimated quarter trillion to do so, but the American economy would completely collapse from the loss in labor force.)There's Trump's flagrant disregard for the Constitution and the rule of law: an indictment that resulted in a guilty verdict on 34 felony counts (his sentencing for that is on Nov. 26th), three other pending indictments on 52 more felony counts, two impeachments, being found liable for defamation of a woman he raped, etc.Oh, and, of course, there's Trump's frequent statements to serve past the constitutional limit of two terms as president (I'm sure he's just kidding), and the extremist conservative majority of the Supreme Court ruling last year that Trump is essentially a king beyond accountability for official acts in office.That's all an abbreviated version of why Donald Trump is obviously unfit.The second reason is The Washington Post's abdication of journalistic integrity under the ownership of Jeff Bezos, a development that is especially chilling for a publication that has long prided itself on being the vanguard for American democracy and free speech.The storied newspaper has won 76 Pulitzer Prizes over its history—second only to The New York Times—one of which was for the investigative reporting by Bob Woodward and Carl Bernstein that eventually led to the resignation of Richard Nixon. Another was for the reporting on the Jan. 6th attack on the U.S. Capitol.The Washington Post has long been synonymous with the essential role of the free press in a healthy, functioning democracy in the same manner we associate Babe Ruth with baseball or July Fourth with fireworks or Dolly Parton with a clean soul.And so, it was with great confusion and incredulity that I read Mr. Lewis' painfully shameless attempt to justify the decision. He sure did try to put on a powdered wig and insist that the bowl of s**t he wanted to feed to the American public was actually chicken soup for the American soul.Most curiously, in writing about The Washington Post's history of largely declining to endorse presidential candidates prior to 1976, he stated that year's endorsement for then-Gov. Jimmy Carter was made “for understandable reasons at the time…”Did you catch that? He's obliquely referencing Watergate, the scandal that brought down Nixon with reporting by the paper — Nixon, who, by any measurable standard, comes across like Lincoln when compared to Trump.Mr. Lewis, for some odd reason, thought it persuasive to essentially say: “Look, we don't regret endorsing Carter because Nixon was terrible, but also: Trump is not nearly terrible enough to justify continuing this dangerous practice of presidential endorsements.”Furthermore, aside from the dollar store cheap imitation of logic, he failed to mention in his desperate, sorry excuse for rationalizing that The Washington Post, for the past several weeks, had been drafting an approved endorsement for Vice President Harris.He failed to mention that the endorsement was still on track a week ago, and there was no indication that it would be halted for any reason, let alone on the rather cringe-inducing reasoning he put forward in his announcement.He failed to mention that Trump met today with corporate leaders of aerospace company Blue Origin—also owned by Bezos—which is, at best, godawful timing or a pretty clear signal of Bezos' reasoning in killing the endorsement. Maybe both.Probably both.If none of this makes sense, you're far from alone. It completely failed to persuade the staff and alums of The Washington Post. Conservative columnist and editor-at-large Robert Kagan immediately resigned in protest. Sixteen other Washington Post columnists—Perry Bacon Jr., Matt Bai, Max Boot, E.J. Dionne Jr., Lee Hockstader, David Ignatius, Heather Long, Ruth Marcus, Dana Milbank, Alexandra Petri, Catherine Rampell, Eugene Robinson, Jennifer Rubin, Karen Tumulty, and Erik Wemple—published this statement on the paper's website:The Washington Post's decision not to make an endorsement in the presidential campaign is a terrible mistake. It represents an abandonment of the fundamental editorial convictions of the newspaper that we love. This is a moment for the institution to be making clear its commitment to democratic values, the rule of law and international alliances, and the threat that Donald Trump poses to them — the precise points The Post made in endorsing Trump's opponents in 2016 and 2020. There is no contradiction between The Post's important role as an independent newspaper and its practice of making political endorsements, both as a matter of guidance to readers and as a statement of core beliefs. That has never been more true than in the current campaign. An independent newspaper might someday choose to back away from making presidential endorsements. But this isn't the right moment, when one candidate is advocating positions that directly threaten freedom of the press and the values of the Constitution.Mr. Woodward and Mr. Bernstein issued this statement:We respect the traditional independence of the editorial page, but this decision 12 days out from the 2024 presidential election ignores the Washington Post's own overwhelming reportorial evidence on the threat Donald Trump poses to democracy. Under Jeff Bezos's ownership, the Washington Post's news operation has used its abundant resources to rigorously investigate the danger and damage a second Trump presidency could cause to the future of American democracy and that makes this decision even more surprising and disappointing, especially this late in the electoral process.Retired WaPo executive editor Martin Baron, who led the paper from 2012 thru 2021, including the tumultuous years of Trump's presidency, responded with a scathing statement: “This is cowardice, with democracy as its casualty. Donald Trump will see this as invitation to further intimidate owner Jeff Bezos (and others). Disturbing spinelessness at an institution famed for courage.”The Washington Post Guild—the paper's employee union—had this to say:We are deeply concerned that The Washington Post—an American news institution in the nation's capital—would make the decision to no longer endorse presidential candidates, especially a mere 11 days ahead of an immensely consequential election. The role of an Editorial Board is to do just this: to share opinion on the news impacting our society and culture and endorse candidates to help guide readers.The message from our chief executive, Will Lewis—not from the Editorial Board itself—makes us concerned that management interfered with the work of our members in Editorial. According to our own reporters and Guild members, an endorsement for Harris was already drafted, and the decision to not publish was made by The Post's owner, Jeff Bezos. We are already seeing cancellations from once loyal readers. This decision undercuts the work of our members at a time when we should be building our readers' trust, not losing it.Washington Post editorial cartoonist Ann Telnaes published this jarring work on the paper's website, titling it “Democracy Dies in Darkness,” referencing WaPo's official slogan that was introduced in 2017, just a month after Trump took office.As of 7:30pm yesterday, Semafor's Max Tani reported that at least 2,000 subscriptions to the paper had been canceled in the previous 24 hours, the overwhelming bulk of those likely being in the seven-and-a-half hours following the announcement from Mr. Lewis. Numerous public figures—including Stephen King, Mark Hamill, Jon Cryer, and former Congresswoman Marie Newman—publicly announced they were cancelling their own subscriptions.Last night, I made the same decision. I had heard rumblings early in the morning from friends in media that WaPo was about to announce a non-endorsement, credible enough that I mentioned it during a 10am meeting with colleagues and they were understandably shocked.I spent most of yesterday morning and afternoon, in the midst of a very busy schedule, privately agonizing over what I would do as a subscriber.Over the years, I've published a number of op-eds in The Washington Post, pieces of which I'm quite proud in a paper I've put on a pedestal since I was a kid, and I've worked with numerous editors and reporters at the outlet whom I admire for their professionalism and public service.It is not lost on me that cancelling a newspaper subscription will not hurt Jeff Bezos but will hurt those employed at the paper.And yet, as much as my heart breaks for the staff of The Washington Post, who haven't done anything to deserve this, I am still left with the simple truth that if Bezos is willing to kill an endorsement 11 days out, whether out of fear or ambition, what else is he willing to do with the paper?There are numerous journalists at the outlet doing critical work, but how we do know anymore when Jeff Bezos is putting his thumb on the scale, backed up by a complicit CEO who blatantly lies about the paper's direction?There have to be consequences for an action this brazen and irresponsible and dangerous for our democracy. Something's gotta give. I respect the decisions of other subscribers, but I simply cannot stomach giving another dime in reward to a publication with such great influence that can be used to do such great harm moving forward.It is my hope that there will be a time, after Vice President Harris is elected, after Trump is held accountable, after the craven capitalists of media have learned there's not much to be made in the long run from these corrupt and shameless tactics, that The Washington Post will be restored to its former glory.In the meantime, I will pay for my news elsewhere.Charlotte's Web Thoughts is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Get full access to Charlotte's Web Thoughts at charlotteclymer.substack.com/subscribe
With recent appearances from Kamala Harris, Donald Trump, JD Vance and Tim Walz, it looks like Fox is dominating this election. Ben and Nayeema investigate the channel's durability despite massive lawsuits, MeToo scandals, and star exits from Tucker Carlson, Bill O'Reilly and Megyn Kelly. To go inside the machine, they talk to former “O'Reilly Factor” and “The Five” producer Nate Fredman (who spent nearly 20 years at the network) about what makes Fox tick — and stick. Stick around for Ben and Nayeema's debrief with Max Tani, who wrote about Fox this week. Fox News insiders, send your tips to Max! If you have a tip or a comment, email us mixedsignals@semafor.com Find us on X: @semaforben, @nayeema @maxwelltani or on Instagram @nayeemaraza Sign up for Semafor Media's Sunday newsletter: https://www.semafor.com/newsletters/media
On the heels of Mark Zuckerberg's live interview with the Acquired podcast, hosted at a packed Chase Center in San Francisco, Ben and Nayeema explore the icy relationship between traditional media and big tech. Why are Silicon Valley's CEOs more likely to be found gabbing on a podcast about their fashion choices than quoted in the New York Times? When did the media and tech breakup, who is to blame, and who wins and loses when hard questions are optional? To answer these questions, they talk to a podcast host, creator, and investor who has been on the winning side of this dynamic: Jason Calacanis host of This Week in Startups and co-host of All-In. On All-In, Jason has interviewed tech titans and political figures including Marc Benioff, Elon Musk, JD Vance, and Donald Trump. Ben and Nayeema ask whether anything is lost when “CEO safe spaces” replace hardball interviews. To wrap things up and bring the temperature down, Max Tani brings on an ESPN blindspot. If you have a tip or a comment, email us mixedsignals@semafor.com Find us on X: @semaforben, @nayeema, @maxwelltani or on Instagram @nayeemaraza Sign up for Semafor Media's Sunday newsletter: https://www.semafor.com/newsletters/media
This is a free preview of a paid episode. To hear more, visit smokeempodcast.substack.comNancy here. One of the super-cool things about being a journalist is that you can contact people whose work amazes you and say, “Come on my podcast!” and they almost always say, “Sure!”As did Michael Powell, one of my favorite journalists working today, currently at The Atlantic and previously at The New York Times, where, during the height of our national meltdown (aka 2020 to 2022), Michael took on subjects many of his colleagues and others in media would not touch: DEI, Title IX, and using identity as a scythe to cut down those deemed not the right color or gender or whose whose views were opportunistically seen as problematic. “We lost our bearings,” says Michael, who kept true to course, and to say his clear-eyed work made me feel less crazy is an understatement.Of deep value and delight is also his 2019 book, Canyon Dreams: A Basketball Season on the Navajo Nation. I felt as though I were living inside the work as I read, and I cannot wait to see Rez Ball, the movie it inspired and which opens September 27.Also discussed:* The explosive DNC protests that weren't* COVID would cool down the culture wars, right? [Insert laugh track here]* The “scurrilous piece of journalism” in the Daily Beast by a writer Nancy now admires** The firing of veteran New York Times science reporter Donald McNeil Jr.? “Not the best moment of the New York Times, at all.” * The tenderness and importance of Jihad Rehab (now retitled The UnRedacted) and the shame of Abigail Disney* “Hey Michael, you're white…”Plus, the permeability between worlds that you start to see when hanging in the Native world, the politician Michael always thought of as “a clown,” some high-tone hot boxes, and much more!Want to become a paid subscriber? Skoden!*Max Tani, now at SemaforCross-posted at Make More Pie
Vice President Kamala Harris' ascent to presumptive Democratic nominee has upended the presidential contest and energized Democratic voters — but what's the policy behind the vibes?On Friday, Harris unveiled a series of economic policies, including a proposed federal ban on grocery price gouging and plans to lower prescription drug and housing costs. It was a good step, but one that came after Harris faced pressure and criticism for not having a more robust policy platform.But amid viral trends like “coconut tree summer” and Harris' “brat” era, do voters really care about what Harris actually wants to accomplish in office? Today on Lever Time, David Sirota and Arjun Singh sit down with Semafor's Max Tani and The New Yorker's Jay Caspian Kang to unpack why Harris' great-taste-less-filling campaign has garnered the traction it has. Despite her twenty years as an elected official, it's been surprisingly difficult for journalists to know what Harris wants to do with the presidency. In her 2019 presidential bid, Harris ran as a supporter of Medicare for All and an opponent of fracking — two positions her campaign has now renounced. And her approach to foreign policy and antitrust enforcement, cornerstones of the Biden administration, remains a mystery.
In the flurry of the brat phenomenon, Nayeema and Ben debate whether Kamala Harris can surf memes all the way to election day and how “childless cat lady” is only expanding the K-hive. They bring on Frank Rich, the executive producer of the hit shows Veep and Succession, to get his notes on an election month that's stranger than fiction, and ask whether an idealist show like The West Wing could be made today. Finally, Max Tani joins for Blindspots to discuss RFK's phone-free farming program for the Lexapro-addled, Adderall-popping American populace — plus: why Americans are hiding their spending habits from loved ones. If you have a tip or a comment, email us mixedsignals@semafor.com Find us on X: @semaforben, @nayeema @maxwelltani or on Instagram @nayeemaraza Sign up for Semafor Media's Sunday newsletter: https://www.semafor.com/newsletters/media Mixed Signals from Semafor Media is presented by Think with Google
Ben and Nayeema discuss reactions to the attempted assassination of former President Trump – from a cautious media, an internet in overdrive and a Republican National Convention that proved surprisingly welcoming. Then, they turn to the undercurrent of the RNC: the campaign for the hearts of American men, via the UFC, Hulk Hogan, and broader “manosphere.” Semafor Political Reporter Kadia Goba also joins to talk about Trump's appeal to Black men, particularly the iconic athletes of the 80s (you'll hear from Mike Tyson and Lawrence Taylor). And, of course, Max Tani fills our blind spots … with a dog interview and gym etiquette. If you have a tip or a comment, email us mixedsignals@semafor.com Find us on X: @semaforben, @nayeema @maxwelltani or on Instagram @nayeemaraza Sign up for Semafor Media's Sunday newsletter: https://www.semafor.com/newsletters/media
After a brief assessment of President Biden's strategy to shut down his critics, Ben and Nayeema move on to the larger culture and gender wars that will define the 2024 election, regardless of who ends up on the Democratic ticket. They look at recent upheavals of a media-fueled myth that women can “have it all” and dig into how trends of trad wives, polyamory and “hot celibacy summer” pierce that mythology, as does the conservative Project 2025.Then they connect with Lindsay Peoples, editor-in-chief of The Cut, to discuss vibe shifts, the politicization of gender roles and whether the publication is putting its thumb on the scale for Kamala Harris. Finally, Max Tani joins to rid us of our blindspots, replete with DC spin and (national security) influencers in the wild. If you have a tip or a comment, email us mixedsignals@semafor.com Find us on X: @semaforben, @nayeema @maxwelltani or on Instagram @nayeemaraza Sign up for Semafor Media's Sunday newsletter: https://www.semafor.com/newsletters/media Mixed Signals from Semafor Media is presented by Think with Google
Over the past few months, The Washington Post has weathered a slate of unfavorable news. In May, publisher and CEO Will Lewis revealed the Post lost 77 million dollars last year. Lewis also announced a big restructuring and, as reported by Semafor's Max Tani, the paper's chief technology officer should have "AI everywhere in our newsroom." But then things started changing at the top of the news organization. Sally Buzbee, who had served as the executive editor for the Post over the last three years, resigned. And in the wake of her departure CEO Will Lewis, and his chosen replacement for Buzbee, Robert Winnett, became the center of multiple investigations. Allegations of paying sources, using informants who secured scoops via deception, and even approving destruction of evidence have now made headlines. This week, Micah sits down with NPR media correspondent, David Folkenflik to make sense of the news, and what it all might mean for one of America's most storied papers. On the Media is supported by listeners like you. Support OTM by donating today (https://pledge.wnyc.org/support/otm). Follow our show on Instagram, Twitter and Facebook @onthemedia, and share your thoughts with us by emailing onthemedia@wnyc.org.
Hello media consumers! On the Final Edition, Bryan is joined by Max Tani, media editor at Semafor, to discuss the following: Biden and Trump agree to two presidential debates on CNN and ABC (01:33) What to make of the NBA media rights negotiations (19:13) JJ Redick: podcaster and coach? (28:20) The succession plan for The New Yorker's next editor (35:31) Joe Kahn and the young reporters at NYT (44:23) Covering the media beat (48:15) Then, David Shoemaker Guesses the Strained-Pun Headline. Host: Bryan Curtis Guest: Max Tani Producer: Eduardo Ocampo Learn more about your ad choices. Visit podcastchoices.com/adchoices
As the US Congress moves to ban TikTok on national security grounds, we ask could the UK follow? Elon Musk lured former CNN journalist Don Lemon to boost X's video credentials but the pair fell out after a recent interview. We find out why. Also on the programme, why the BBC has announced plans to move into UK podcast advertising and we explore what one journalist found when she downloaded all the data held on her after years of using Meta's services.Guests: Ciaran Martin, Professor, Blavatnik School of Government, The University of Oxford; Max Tani, media journalist, Semafor; Matilda Davies, Data and Digital Journalist, The Times and The Sunday Times; Nick Hilton, Co-founder, Podot Presenter: Katie Razzall Producer: Simon Richardson
Bryan and David kick off the show discussing a think piece in the Semafor from Max Tani on how hard it is to get a tough story out there (0:52), plus some good news about ‘Sports Illustrated' (14:12). Then they discuss Donald Trump using the word “bloodbath” while campaigning in Dayton, Ohio (15:50). In the Notebook Dump, they discuss some of the funny tweets surrounding NFL free agency (27:45), as well as ‘New York Times' obituaries and who meets the bar to get one (31:53), followed by this week's media test (0:00) Plus, the Overworked Twitter Joke of the Week and David Shoemaker Guesses the Strained-Pun Headline. Hosts: Bryan Curtis and David Shoemaker Producer: Brian H. Waters Learn more about your ad choices. Visit podcastchoices.com/adchoices
Ralph speaks to law professor, Barbara McQuade, who specializes in national security issues and has written a book that outlines the very real threat to American democracy, “Attack From Within: How Disinformation Is Sabotaging America.” Also, Colonel Lawrence Wilkerson sums up Israeli goals in its war on the Palestinians with three words “eradication, elimination, and expulsion.”Barbara McQuade is a professor from practice at Michigan Law School. Her interests include criminal law, criminal procedure, national security, data privacy, and civil rights. From 2010 to 2017, Professor McQuade served as the US attorney for the Eastern District of Michigan. As US attorney, she oversaw cases involving public corruption, terrorism, corporate fraud, theft of trade secrets, civil rights, and health care fraud, among others. She also serves as a legal analyst for NBC News and MSNBC. Barbara McQuade is the author of Attack from Within: How Disinformation is Sabotaging America.I think people are still bewildered about how to respond to Donald Trump. I think the media is bewildered because we've never seen anything like him—he's an absolute disruptor of how our system works. And so, he's a big bully who runs around and says all kinds of mean things and nobody knows how to deal with it. I think the media still struggles to decide how do you cover someone—when we've been trained to get both sides of an argument which presumes that both sides are engaging in good faith—when instead you have someone who is not engaging in good faith, engaging in lies, making inconsistent statements.Barbara McQuadeWe need to demand truth. We can't allow ourselves to engage in fiction, even if we believe it is to advance our ends. The ends can never justify the means. Our country is built on integrity in the rule of law and we need to demand truth if we are going to have a democracy and effective self-government.Barbara McQuadeYou don't want to go down in the mud with people. But when the national press begins and continues to be [Trump's] bullhorn, verbatim, repeating it, repeating it, giving no right of reply, there's no way you can simply say, “I don't want to go to his level,” because the press has raised it to a level that is devastating to our democracy.Ralph NaderLawrence Wilkerson is a retired U.S. Army colonel. Over his 31 years of service, Colonel Wilkerson served as Secretary of State Colin Powell's Chief of Staff from 2002 to 2005, and Special Assistant to General Powell when he was Chairman of the Joint Chiefs of Staff from 1989 to 1993. Colonel Wilkerson also served as Deputy Director and Director of the U.S. Marine Corps War College at Quantico, Virginia, and for fifteen years he was the Distinguished Visiting Professor of Government and Public Policy at the College of William and Mary. He is currently a Senior Fellow at the Eisenhower Media Network, senior advisor to the Quincy Institute for Responsible Statecraft, and co-founder of the All-Volunteer Force Forum. The media is an Israeli agent when they do give some kind of deference to “the other side,” as it were, it's always in words and terminology and short sentences that make you know that “they are balanced.” “They are fair and balanced.” They're about as fair and balanced as my left foot. That's the way it is. The purpose here is eradication, elimination, or expulsion, period. Eradication, elimination, or expulsion.Colonel Lawrence WilkersonWe all need to wake up, and we need to start taking actions such as we can locally—whatever's within our purview and power to do. Because we're losing this country. We're losing it to the moneyed oligarchy. We're losing it to the unprecedented amount of money, because of Citizens United, that's pouring into the political coffers of people who have no interest in what you want…These people are basing their decisions on money. Money—not you. They're not the people's representatives… They're the representatives of the deep state, which is the oligarchy. Colonel Lawrence WilkersonIt's all these people with these unprecedented amounts of money who can influence anything, anytime they want to with a few telephone calls. That's what's running your country. And the predatory capitalism that they're advancing is running the world into the ground.Colonel Lawrence WilkersonIn Case You Haven't Heard with Francesco DeSantisNews 3/6/241. Just before the Michigan primary, President Biden implied that a ceasefire in Gaza was imminent. However, many believed at the time that Biden was simply trying to blunt the potency of the “Uncommitted” vote in that contest. The promised ceasefire never materialized, apparently confirming those suspicions. Yet, with “Uncommitted” winning over 100,000 votes in Michigan, the administration has begun using ceasefire language – a major rhetorical shift, but seemingly one without much corresponding action. Phyllis Bennis, writing in Al Jazeera, argues that “Whatever the language of Washington's proposed UN Security Council resolution and likely the possible temporary truce deal as well, the words of National Security Council spokesperson John Kirby continue to resonate as a better reflection of the Biden administration's policy: ‘We're going to continue to support Israel… and we're going to continue to make sure they have the tools and the capabilities to do that.'”2. Following the self immolation of Aaron Bushnell, activist Talia Jane has shared a letter from active duty U.S. Military personnel calling for a ceasefire in Gaza. In this letter, the anonymous signatories write “it is undeniably evident that the Israeli Defense Forces are repeatedly and systematically committing war crimes in Gaza. Support for the conduct of the IDF is unacceptable and inconsistent with our values in the US Armed forces.” Talia Jane reports that “over 100 active duty military across Air Force, Navy, Army, Marine Corps, Coast Guard, as well as reservists and National Guard, and their families, have endorsed this open letter.”3. J Street, the preeminent liberal Zionist group, has finally begun using the word ceasefire – while still only supporting a temporary truce. In a note to their members, J Street wrote "This move is not a change in policy. It is a decision to begin using a word that is fraught with meaning and implications in the context of the Gaza War," Daniel Marans of the Huffington Post reports. J Street has deep ties to the administration, so whether they are taking their cues from the administration in characterizing a temporary truce as a ceasefire – or vice versa – it is significant that this is the new line from mainstream liberal Zionists.4. Max Tani of Semafor reports that the NewsGuild of New York has sent a letter to the New York Times accusing the ‘Grey Lady' of racially profiling their staff as they seek to hunt down the source of a leak exposing their shoddy – possibly completely false – reporting on sexual violence committed by Hamas. Per the letter, “Management's investigators have questioned employees about their involvement in The Times' internal Middle Eastern and North African Times Employee Resource Group (known as the MENA Collective), ordered them to hand over the names of all of the MENA Collective's active members involved in group discussions, and demanded copies of personal communications between colleagues about their shared workplace concerns…The Guild intends to vigorously defend our members and their rights, and ensure that all our members are protected in a workplace free from harassment and racial profiling.”5. According to NBC News, “The biggest labor union in Washington state endorsed voting ‘uncommitted' in the state's Democratic presidential primary next month, citing concerns about President Joe Biden's political strength and his support for Israel's war in Gaza.” UFCW Local 3000 has over 50,000 members, making it the largest state chapter of the United Food and Commercial Workers union. NBC also reports that “The Stranger, a prominent alt-weekly publication based in Seattle, also endorsed the idea of voting ‘uncommitted,' expressing disappointment in the options of Trump and Biden, whom it referred to as the ‘two genocidal geriatrics leading the polls.'”6. Amid humiliatingly low poll numbers, Democratic-turned-Independent Senator Kyrsten Sinema has dropped out of the 2024 Arizona Senate race, the Arizona Republic reports. Senator Sinema, you will not be missed.7. In Manhattan, over two-thirds of houses sold last quarter were purchased in cash, rather than via mortgage, per the Financial Times. In other words, the preponderance of homes were purchased by the very rich. Pamela Liebman, the chief executive of real estate brokerage firm Corcoran, told the paper “High mortgage rates are creating a real void for people who don't have the strong finances that are required to buy in cash…It's driving people who would be home buyers in New York into renting.” This piece further notes that “rents rose to an all-time median high of $3,950 [per month].”8. West Virginia News reports “Kroger union members have voted in favor of authorizing a strike at 38 stores in West Virginia, Kentucky and Ohio.” As this piece notes, this vote gives the bargaining committee authorization to call a strike at any time, but the workers are not currently on strike. In a statement, UFCW Local 400 said “This vote has sent a powerful message to Kroger that they must do better if they expect us to ratify a contract…Now, we are ready to sit down with the company and negotiate an agreement that we can recommend for ratification. If not, we are ready to continue to do whatever it takes to get a fair contract. By sticking together, we will win.”9. Family Dollar has been hit with a $42 million fine in a food safety case after the company was found to have been “storing food, drugs, and cosmetics in a rodent-infested warehouse in Arkansas,” according to More Perfect Union. An FDA investigation revealed “live rodents, dead and decaying rodents, rodent feces, urine, and odors, and evidence of gnawing and nesting throughout the facility.” Family Dollar had been aware of the infestation since 2020, and continued shipping merchandise – often eaten into by the rodents – to 404 stores throughout the region. This is the largest ever criminal fine in a food safety case.10. Finally, on February 27th MyHighPlains.com reported that a nuclear weapons factory in Texas was forced to cease operations in light of the state's massive wildfires. According to Hans Kristensen, Director of the Nuclear Information Project of the Federation of American Scientists, “This is America's main nuclear weapons factory. Nearly 20,000 plutonium cores are stored there [and] full-scale production of B61-12 bomb & W88 Alt370 warheads are underway.” While this critical situation was resolved without injury, it highlights the interrelation between climate change and national security. We urge military and civilian leadership to view this near-miss as a chance to finally take the climate crisis seriously.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
This is a free preview of a paid episode. To hear more, visit theculturejournalist.substack.comNote: If you are a media worker who has lost work or been laid off, email us at theculturejournalist@substack.com and we'll send you the full episode for free.This week, we explore why 2024 has been such a terrible year for journalists, with so many publications announcing cuts or closures—and in such quick succession—that we can barely keep track of the carnage. Did VICE, Pitchfork, The Messenger, Sports Illustrated, Complex, Buzzfeed, Insider, and The Los Angeles Times, to give just a sample of the companies that have put writers and editors out of work, just happen to all feel the pinch at the time? Or are there wider structural forces afoot, including even a touch of media executive groupthink, that can explain what's going on here? On this week's episode, which we like to think of as a sequel to a similar conversation we had last year with Ben Dietz, Semafor media reporter extraordinaire Max Tani joins us to discuss why this particular layoff season is different than others, what the future of the media biz might look like, and what it's like to be the guy who every journalist follows to find out if they're losing their job.Support our independent journalism by becoming a paid subscriber at theculturejournalist.substack.com. Paid subscribers receive free bonus episodes every month, along with full essays and culture recommendations.You can also follow The Culture Journalist on X and IG.
Secondo il professore di finanza Max Tani, il 2024 sarà ancora un anno dominato dall'incertezza.
Nella sua analisi settimanale, il professore di finanza Max Tani spiega in che modo i conflitti influiscono sui mercati.
Hello everyone. We're interrupting our regular programming this week to bring you a taste of something different: On Monday, the journalist Max Tani reported that VICE Media paid its executives out over a million dollars in bonuses in the weeks before filing for bankruptcy — so our friends at Nersey, a new podcast that bears no relation to the VICE music vertical by the same name, convened an emergency pod to talk about it. Emilie joined hosts Trey Smith, Slava P. and boyfriend-of-The-Culture-Journalist Drew Millard to share war stories from their time at VICE and dig into a 139-page “statement of financial affairs” on file with the Southern District of New York, which reveals just how much the company was paying its top brass (among other itemized expenditures) in the months leading up to the Chapter 11 declaration. The Culture Journalist bears no responsibility for anything that's said herein by these guys — though Nersey touches on similar topics to ours, it's much looser in format. But we're sharing their episode on our channels because, well, we think you might enjoy the pod. As for TCJ, we'll be back to business as usual starting next week. Subscribe to Nersey hereDonate to a hardship fund started by recent TCJ guest Sara David for VICE workers who were laid off this spring but have yet to receive severance from the company. Read Katie Way's excellent reporting on the story for Hell Gate NYC This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit theculturejournalist.substack.com/subscribe
Twitter is now accusing Facebook parent Meta of “systematic” and “unlawful misappropriation” of trade secrets following the launch of its Threads service. Max Tani, Semafor media reporter, discusses the lawsuit against Meta and why some users are unhappy with Twitter. June's jobs report is here! The U.S. labor market might be cooling, but the Fed is likely still on track for another hike in July. In other workforce headlines, a report from Goldman Sachs suggests that AI could displace 300 million full time jobs and simultaneously boost GDP. Tsedal Neeley, Harvard Business School professor, and Jaclyn Rice Nelson, CEO of Ai consulting firm, discuss the impact of A.I. on hiring trends, how companies can implement the new technology, and more. Plus, the FDA has granted full approval to Alzheimer's drug Leqembi, Treasury Secretary Janet Yellen is halfway through her trip to China, and Amazon CEO Andy Jassy is speaking up on his company's long term AI strategy. In this episode:Max Tani, @maxwelltaniJaclyn Rice Nelson, @tribe_aiTsedal Neeley, @tsedalJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickCameron Costa, @CameronCostaNY
On this week's episode we hear from Max Tani, media reporter at news startup Semafor. He tells us how he came to Semafor; the Venn diagram between media, politics, Hollywood and pretty much everything else in life; about Semafor's attempts to balance out news and opinion; and whether covering the White House was anything like The West Wing. In the news roundup the team looks at a bad week for broadcasters, from the BBC's war against Gary Lineker, through Fox News' risible defence in the Dominion lawsuit, to GB News' £31m loss in its first operating year. Here's to the next 250 episodes!
This is Garrison Hardie with your CrossPolitic Daily Newsbrief for Thursday, December 15th, 2022. Before we get to the news today… You guys know Christmas is a coming right? Maybe you should get someone you love a Fight Laugh Feast Club Membership! Club Membership Plug: Its Christmas, join our club. During December, the first 75 people to upgrade or join our Gold or Platinum club membership will get our 32OZ Kodiak Christmas water bottle and a free subscription to our Fight Laugh Feast Magazine. By joining the Fight Laugh Feast Army, not only will you be aiding in our fight to take down secular & legacy media; but you’ll also get access to content placed in our Club Portal, such as past shows, all of our conference talks, and EXCLUSIVE content for club members that you won’t be able to find anywhere else. Lastly, you’ll also get discounts for our conferences… We don’t have the big money of woke media, and so our club members are crucial in this fight. So, join the movement, join our army, and you can sign up now at fightlaughfeast.com. https://www.cnbc.com/2022/12/14/fed-rate-decision-december-2022.html Fed raises interest rates half a point to highest level in 15 years The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating the fight against inflation is not over despite some promising signs lately. Keeping with expectations, the rate-setting Federal Open Market Committee voted to boost the overnight borrowing rate half a percentage point, taking it to a targeted range between 4.25% and 4.5%. The increase broke a string of four straight three-quarter point hikes, the most aggressive policy moves since the early 1980s. Along with the increase came an indication that officials expect to keep rates higher through next year, with no reductions until 2024. The expected “terminal rate,” or point where officials expect to end the rate hikes, was put at 5.1%, according to the FOMC’s “dot plot” of individual members’ expectations. Investors initially reacted negatively to the expectation that rates may stay higher for longer, and stocks gave up earlier gains. During a news conference, Chairman Jerome Powell said it was important to keep up the fight against inflation so that the expectation of higher prices does not become entrenched. “Inflation data received so far for October and November show a welcome reduction in the monthly pace of price increases,” the chair said at his post-meeting news conference. “But it will take substantially more evidence to have confidence that inflation is on a sustained downward” path. The new level marks the highest the fed funds rate has been since December 2007, just ahead of the global financial crisis and as the Fed was loosening policy aggressively to combat what would turn into the worst economic downturn since the Great Depression. This time around, the Fed is raising rates into what is expected to be a moribund economy in 2023. Members penciled in increases for the funds rate until it hits a median level of 5.1% next year, equivalent to a target range of 5%-5.25. At that point, officials are likely to pause to allow the impact of monetary policy tightening to make its way through the economy. The consensus then pointed to a full percentage point worth of rate cuts in 2024, taking the funds rate to 4.1% by the end of that year. That is followed by another percentage point of cuts in 2025 to a rate of 3.1%, before the benchmark settles into a longer-run neutral level of 2.5%. However, there was a fairly wide dispersion in the outlook for future years, indicating that members are uncertain about what is ahead for an economy dealing with the worst inflation it has seen since the early 1980s. The newest dot plot featured multiple members seeing rates heading considerably higher than the median point for 2023 and 2024. For 2023, seven of the 19 committee members – voters and nonvoters included – saw rates rising above 5.25%. Similarly, there were seven members who saw rates higher than the median 4.1% in 2024. The FOMC policy statement, approved unanimously, was virtually unchanged from November’s meeting. Some observers had expected the Fed to alter language that it sees “ongoing increases” ahead to something less committal, but that phrase remained in the statement. Fed officials believe raising rates helps take money out the economy, reducing demand and ultimately pulling prices lower after inflation spiked to its highest level in more than 40 years. After spending much of 2021 dismissing the price increases as “transitory,” the Fed started raising interest rates in March of this year, first tentatively and then more aggressively, with the previous four increases in 0.75 percentage point increments. Prior to this year, the Fed had not raised rates more than a quarter point at a time in 22 years. The Fed also has been engaged in “quantitative tightening,” a process in which it is allowing proceeds from maturing bonds to roll off its balance sheet each month rather than reinvesting them. A capped total of $95 billion is being allowed to run off each month, resulting in a $332 billion decline in the balance sheet since early June. The balance sheet now stands at $8.63 trillion. https://www.kron4.com/news/bay-area/david-depape-in-court-today-live-updates/ David DePape case to move forward to trial, judge rules David DePape’s case will move forward to trial and the alleged Paul Pelosi attacker will be tried on all charges, a San Francisco Superior Court judge ruled on Wednesday. DePape, who appeared in court wearing an orange jumpsuit Wednesday, was arrested on Oct. 28 after allegedly attacking Speaker Nancy Pelosi’s husband with a hammer inside their Pacific Heights home. Superior Court Judge Stephen Murphy just ruled that the San Francisco District Attorney’s Office has enough evidence against David DePape to move the case forward to trial on all charges. DePape’s defense attorney never disputed that his client was in fact the person who broke into the Pelosi’s home and beat Paul Pelosi with a hammer. DePape made a full confession to police during interrogations and video of the interrogation was played in court. The most serious charge is premeditated attempted murder. Defense attorney Adam Lipson tried to argue that the attack was not premeditated, nor attempted murder. The defense pointed to DePape’s statements to Mr. Pelosi and police, in which he said he was targeting Nancy Pelosi, not Paul Pelosi, and intended to break Nancy’s kneecaps – not kill her. However, Judge Murphy disagreed with the defense. San Francisco Police Department Lt. Carla Hurley said when she interrogated David DePape, he revealed that he had other political targets. DePape said he planned to kidnap Hunter Biden, who lives in Malibu, California, so he could talk to Hunter about “all the corruption” in Washington, Hurley testified. DePape said he planned to travel to Los Angeles to confront Biden at home. (As the son of President Joe Biden, Hunter Biden is protected by Secret Service agents at his Malibu mansion.) DePape also said he planned to target California Gov. Gavin Newsom, Hurley testified. DePape told Hurley that he was on a “suicide mission” and would do whatever it took to stop Congress’ “corruption and lies.” Hurley said, in addition to Newsom and Hunter Biden, DePape also had two more targets: Actor Tom Hanks Feminist author Gale Breen https://thepostmillennial.com/breaking-washington-post-announces-layoffs-in-early-2023?utm_campaign=64487 Washington Post announces layoffs in early 2023 The Washington Post will be making layoffs early in the coming year, said CEO Fred Ryan on Wednesday morning. According to several staffers, Ryan announced at a company town hall that there will be layoffs at the paper early next year, reported Max Tani of Semafor. https://rumble.com/v20nj6a-washington-post-announces-layoffs-in-early-2023.html - Play Video As seen on video footage captured by a member of the town hall audience, the crowd became upset at their boss's announcement. "What are you going to do to protect people's jobs? Are they going to be treated like the magazine staffers were?" one employee can be heard asking as Ryan began to make his exit while other personnel also attempted to get answers. Last month, the Post ended their Sunday print magazine and laid off its employees, according to the Washingtonian. The news of the downsizing comes as the Post faces backlash for the characterization of journalists Bari Weiss and Matt Taibbi as "conservative." Taibbi, who previously worked for Rolling Stone, and Weiss, who was an editor at The New York Times, have both shared many left-leaning views in the past, however, they both are now under fire from the left for their documentation of the "Twitter Files," the internal documents shared by Twitter owner Elon Musk showing the tech giant taking massive steps to suppress and censor conservatives and politically-inconvenient news, such as the Hunter Biden laptop story. In a now-edited article, The Post labeled the two as "conservative journalists" for reporting on the “Twitter Files,” reports the Daily Caller. https://thepostmillennial.com/pedophile-who-performed-sex-act-to-12-year-old-girl-online-spared-prison?utm_campaign=64487 Pedophile spared prison after judge says web chat with 12-year-old girl ‘motivated by boredom’ A British man who engaged in a number of graphic online chats with a girl he believed to be 12 years old has been spared jail time, the Daily Mail reported. The judge presiding over the case argued that the man was "motivated by boredom rather than sexual interest in children" and that his "shame and remorse seem genuine." Andrew Teale, 43, began his chat innocently enough, but the conversation quickly turned sexual, with the married father eventually performing an act over Skype. I won’t read exactly what was said, as it is quite graphic in nature… but I’ll just say it was giving me Chris Hanson with to catch a predator vibes. Unbeknownst to Teale, he was saying all of these things to an undercover police officer, which ultimately resulted in his arrest in January. He admitted to attempting to engage in sexual activity in the presence of a child and attempting to engage in sexual communications with a child. The judge gave him a 12-month suspended jail sentence, meaning that he doesn't have to physically go to prison so long as certain requirements are met, including 150 hours of community service. During the sentencing, his previous good character, job loss, as well as the overall impact on his family life were also noted, although these comments were criticized as being an "insult to injury" by a former head of the national online police child protection unit. Formerly the Head of Innovation at British investment firm AJ Bell, Teale resigned from his position in July without informing the company of the criminal charges he was facing. Teale's lawyer says that he put a stop to his behavior and sought help. Dime Payments Dime Payments is a Christian owned processing payment business. Every business needs a payment process system, so please go to https://dimepayments.com/flf and sign your business up. Working with them supports us. They wont cancel you, like Stripe canceled President Trump. They wont cancel you, like Mailchimp canceled the Babylon Bee. Check them out. At least have a phone call and tell them that CrossPolitic sent you. Go to https://dimepayments.com/flf. Now finally, it’s time for my favorite topic… sports! https://www.breitbart.com/sports/2022/12/13/mississippi-state-football-coach-mike-leach-dies-at-61/ Mississippi State football Coach Mike Leach Dies at 61 Mike Leach, the gruff, pioneering and unfiltered college football coach who helped revolutionize the passing game with the Air Raid offense, has died following complications from a heart condition, Mississippi State said Tuesday. He was 61. Leach, who was in his third season as head coach at Mississippi State, fell ill Sunday at his home in Starkville, Mississippi. He was treated at a local hospital before being airlifted to University of Mississippi Medical Center in Jackson, about 120 miles (200 kilometers) away. “Mike was a giving and attentive husband, father and grandfather. He was able to participate in organ donation at UMMC as a final act of charity,” the family said in a statement issued by Mississippi State. “We are supported and uplifted by the outpouring of love and prayers from family, friends, Mississippi State University, the hospital staff, and football fans around the world. Thank you for sharing in the joy of our beloved husband and father’s life.” Leach fought through a bout with pneumonia late in this season, coughing uncontrollably at times during news conferences, but seemed to be improving, according to those who worked with him. News of him falling gravely ill swept through college football the past few days and left many who knew him stunned, hoping and praying for Leach’s recovery under grim circumstances. His impact on college football over the last two decades runs deep and will continue for years to come. Leach was known for his pass-happy offenses, wide-ranging interests — he wrote a book about Native American leader Geronimo, had a passion for pirates, a taught a class about insurgent warfare — and rambling, off-the-cuff news conferences. Leach’s teams were consistent winners at programs where success did not come easy. In 21 seasons as a head coach at Texas Tech, Washington State and Mississippi State, Leach went 158-107. And his quarterbacks put up massive passing statistics, running a relatively simple offense called the Air Raid that he did not invent but certainly mastered. An interview with Leach was as likely to veer off into politics, wedding planning or hypothetical mascot fights as it was to stick to football. He considered Donald Trump a friend before the billionaire businessman ran for president and then campaigned for him in 2016. He traveled all over the world and his curiosity knew no bounds. He most appreciated those who stepped outside of their expertise. As much as Leach enjoyed digging into topics other than football, he was excellent at the Xs and Os. Six of the 20 best passing seasons in major college football history were by quarterbacks who played for Leach, including four of the top six. Calling plays from a folded piece of paper smaller than an index card, Leach turned passers such as B.J. Symons (448.7 yards per game), Graham Harrell (438.8), Connor Halliday (430.3) and Anthony Gordon (429.2) into record-setters and Heisman Trophy contenders. I covered this one due to Mike Leach’s time at WSU, where he spent 8 successful seasons at the helm of my father’s alma mater. We shared great memories watching his cougars together. Rest in peace Leach, rest in peace.
This is Garrison Hardie with your CrossPolitic Daily Newsbrief for Thursday, December 15th, 2022. Before we get to the news today… You guys know Christmas is a coming right? Maybe you should get someone you love a Fight Laugh Feast Club Membership! Club Membership Plug: Its Christmas, join our club. During December, the first 75 people to upgrade or join our Gold or Platinum club membership will get our 32OZ Kodiak Christmas water bottle and a free subscription to our Fight Laugh Feast Magazine. By joining the Fight Laugh Feast Army, not only will you be aiding in our fight to take down secular & legacy media; but you’ll also get access to content placed in our Club Portal, such as past shows, all of our conference talks, and EXCLUSIVE content for club members that you won’t be able to find anywhere else. Lastly, you’ll also get discounts for our conferences… We don’t have the big money of woke media, and so our club members are crucial in this fight. So, join the movement, join our army, and you can sign up now at fightlaughfeast.com. https://www.cnbc.com/2022/12/14/fed-rate-decision-december-2022.html Fed raises interest rates half a point to highest level in 15 years The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating the fight against inflation is not over despite some promising signs lately. Keeping with expectations, the rate-setting Federal Open Market Committee voted to boost the overnight borrowing rate half a percentage point, taking it to a targeted range between 4.25% and 4.5%. The increase broke a string of four straight three-quarter point hikes, the most aggressive policy moves since the early 1980s. Along with the increase came an indication that officials expect to keep rates higher through next year, with no reductions until 2024. The expected “terminal rate,” or point where officials expect to end the rate hikes, was put at 5.1%, according to the FOMC’s “dot plot” of individual members’ expectations. Investors initially reacted negatively to the expectation that rates may stay higher for longer, and stocks gave up earlier gains. During a news conference, Chairman Jerome Powell said it was important to keep up the fight against inflation so that the expectation of higher prices does not become entrenched. “Inflation data received so far for October and November show a welcome reduction in the monthly pace of price increases,” the chair said at his post-meeting news conference. “But it will take substantially more evidence to have confidence that inflation is on a sustained downward” path. The new level marks the highest the fed funds rate has been since December 2007, just ahead of the global financial crisis and as the Fed was loosening policy aggressively to combat what would turn into the worst economic downturn since the Great Depression. This time around, the Fed is raising rates into what is expected to be a moribund economy in 2023. Members penciled in increases for the funds rate until it hits a median level of 5.1% next year, equivalent to a target range of 5%-5.25. At that point, officials are likely to pause to allow the impact of monetary policy tightening to make its way through the economy. The consensus then pointed to a full percentage point worth of rate cuts in 2024, taking the funds rate to 4.1% by the end of that year. That is followed by another percentage point of cuts in 2025 to a rate of 3.1%, before the benchmark settles into a longer-run neutral level of 2.5%. However, there was a fairly wide dispersion in the outlook for future years, indicating that members are uncertain about what is ahead for an economy dealing with the worst inflation it has seen since the early 1980s. The newest dot plot featured multiple members seeing rates heading considerably higher than the median point for 2023 and 2024. For 2023, seven of the 19 committee members – voters and nonvoters included – saw rates rising above 5.25%. Similarly, there were seven members who saw rates higher than the median 4.1% in 2024. The FOMC policy statement, approved unanimously, was virtually unchanged from November’s meeting. Some observers had expected the Fed to alter language that it sees “ongoing increases” ahead to something less committal, but that phrase remained in the statement. Fed officials believe raising rates helps take money out the economy, reducing demand and ultimately pulling prices lower after inflation spiked to its highest level in more than 40 years. After spending much of 2021 dismissing the price increases as “transitory,” the Fed started raising interest rates in March of this year, first tentatively and then more aggressively, with the previous four increases in 0.75 percentage point increments. Prior to this year, the Fed had not raised rates more than a quarter point at a time in 22 years. The Fed also has been engaged in “quantitative tightening,” a process in which it is allowing proceeds from maturing bonds to roll off its balance sheet each month rather than reinvesting them. A capped total of $95 billion is being allowed to run off each month, resulting in a $332 billion decline in the balance sheet since early June. The balance sheet now stands at $8.63 trillion. https://www.kron4.com/news/bay-area/david-depape-in-court-today-live-updates/ David DePape case to move forward to trial, judge rules David DePape’s case will move forward to trial and the alleged Paul Pelosi attacker will be tried on all charges, a San Francisco Superior Court judge ruled on Wednesday. DePape, who appeared in court wearing an orange jumpsuit Wednesday, was arrested on Oct. 28 after allegedly attacking Speaker Nancy Pelosi’s husband with a hammer inside their Pacific Heights home. Superior Court Judge Stephen Murphy just ruled that the San Francisco District Attorney’s Office has enough evidence against David DePape to move the case forward to trial on all charges. DePape’s defense attorney never disputed that his client was in fact the person who broke into the Pelosi’s home and beat Paul Pelosi with a hammer. DePape made a full confession to police during interrogations and video of the interrogation was played in court. The most serious charge is premeditated attempted murder. Defense attorney Adam Lipson tried to argue that the attack was not premeditated, nor attempted murder. The defense pointed to DePape’s statements to Mr. Pelosi and police, in which he said he was targeting Nancy Pelosi, not Paul Pelosi, and intended to break Nancy’s kneecaps – not kill her. However, Judge Murphy disagreed with the defense. San Francisco Police Department Lt. Carla Hurley said when she interrogated David DePape, he revealed that he had other political targets. DePape said he planned to kidnap Hunter Biden, who lives in Malibu, California, so he could talk to Hunter about “all the corruption” in Washington, Hurley testified. DePape said he planned to travel to Los Angeles to confront Biden at home. (As the son of President Joe Biden, Hunter Biden is protected by Secret Service agents at his Malibu mansion.) DePape also said he planned to target California Gov. Gavin Newsom, Hurley testified. DePape told Hurley that he was on a “suicide mission” and would do whatever it took to stop Congress’ “corruption and lies.” Hurley said, in addition to Newsom and Hunter Biden, DePape also had two more targets: Actor Tom Hanks Feminist author Gale Breen https://thepostmillennial.com/breaking-washington-post-announces-layoffs-in-early-2023?utm_campaign=64487 Washington Post announces layoffs in early 2023 The Washington Post will be making layoffs early in the coming year, said CEO Fred Ryan on Wednesday morning. According to several staffers, Ryan announced at a company town hall that there will be layoffs at the paper early next year, reported Max Tani of Semafor. https://rumble.com/v20nj6a-washington-post-announces-layoffs-in-early-2023.html - Play Video As seen on video footage captured by a member of the town hall audience, the crowd became upset at their boss's announcement. "What are you going to do to protect people's jobs? Are they going to be treated like the magazine staffers were?" one employee can be heard asking as Ryan began to make his exit while other personnel also attempted to get answers. Last month, the Post ended their Sunday print magazine and laid off its employees, according to the Washingtonian. The news of the downsizing comes as the Post faces backlash for the characterization of journalists Bari Weiss and Matt Taibbi as "conservative." Taibbi, who previously worked for Rolling Stone, and Weiss, who was an editor at The New York Times, have both shared many left-leaning views in the past, however, they both are now under fire from the left for their documentation of the "Twitter Files," the internal documents shared by Twitter owner Elon Musk showing the tech giant taking massive steps to suppress and censor conservatives and politically-inconvenient news, such as the Hunter Biden laptop story. In a now-edited article, The Post labeled the two as "conservative journalists" for reporting on the “Twitter Files,” reports the Daily Caller. https://thepostmillennial.com/pedophile-who-performed-sex-act-to-12-year-old-girl-online-spared-prison?utm_campaign=64487 Pedophile spared prison after judge says web chat with 12-year-old girl ‘motivated by boredom’ A British man who engaged in a number of graphic online chats with a girl he believed to be 12 years old has been spared jail time, the Daily Mail reported. The judge presiding over the case argued that the man was "motivated by boredom rather than sexual interest in children" and that his "shame and remorse seem genuine." Andrew Teale, 43, began his chat innocently enough, but the conversation quickly turned sexual, with the married father eventually performing an act over Skype. I won’t read exactly what was said, as it is quite graphic in nature… but I’ll just say it was giving me Chris Hanson with to catch a predator vibes. Unbeknownst to Teale, he was saying all of these things to an undercover police officer, which ultimately resulted in his arrest in January. He admitted to attempting to engage in sexual activity in the presence of a child and attempting to engage in sexual communications with a child. The judge gave him a 12-month suspended jail sentence, meaning that he doesn't have to physically go to prison so long as certain requirements are met, including 150 hours of community service. During the sentencing, his previous good character, job loss, as well as the overall impact on his family life were also noted, although these comments were criticized as being an "insult to injury" by a former head of the national online police child protection unit. Formerly the Head of Innovation at British investment firm AJ Bell, Teale resigned from his position in July without informing the company of the criminal charges he was facing. Teale's lawyer says that he put a stop to his behavior and sought help. Dime Payments Dime Payments is a Christian owned processing payment business. Every business needs a payment process system, so please go to https://dimepayments.com/flf and sign your business up. Working with them supports us. They wont cancel you, like Stripe canceled President Trump. They wont cancel you, like Mailchimp canceled the Babylon Bee. Check them out. At least have a phone call and tell them that CrossPolitic sent you. Go to https://dimepayments.com/flf. Now finally, it’s time for my favorite topic… sports! https://www.breitbart.com/sports/2022/12/13/mississippi-state-football-coach-mike-leach-dies-at-61/ Mississippi State football Coach Mike Leach Dies at 61 Mike Leach, the gruff, pioneering and unfiltered college football coach who helped revolutionize the passing game with the Air Raid offense, has died following complications from a heart condition, Mississippi State said Tuesday. He was 61. Leach, who was in his third season as head coach at Mississippi State, fell ill Sunday at his home in Starkville, Mississippi. He was treated at a local hospital before being airlifted to University of Mississippi Medical Center in Jackson, about 120 miles (200 kilometers) away. “Mike was a giving and attentive husband, father and grandfather. He was able to participate in organ donation at UMMC as a final act of charity,” the family said in a statement issued by Mississippi State. “We are supported and uplifted by the outpouring of love and prayers from family, friends, Mississippi State University, the hospital staff, and football fans around the world. Thank you for sharing in the joy of our beloved husband and father’s life.” Leach fought through a bout with pneumonia late in this season, coughing uncontrollably at times during news conferences, but seemed to be improving, according to those who worked with him. News of him falling gravely ill swept through college football the past few days and left many who knew him stunned, hoping and praying for Leach’s recovery under grim circumstances. His impact on college football over the last two decades runs deep and will continue for years to come. Leach was known for his pass-happy offenses, wide-ranging interests — he wrote a book about Native American leader Geronimo, had a passion for pirates, a taught a class about insurgent warfare — and rambling, off-the-cuff news conferences. Leach’s teams were consistent winners at programs where success did not come easy. In 21 seasons as a head coach at Texas Tech, Washington State and Mississippi State, Leach went 158-107. And his quarterbacks put up massive passing statistics, running a relatively simple offense called the Air Raid that he did not invent but certainly mastered. An interview with Leach was as likely to veer off into politics, wedding planning or hypothetical mascot fights as it was to stick to football. He considered Donald Trump a friend before the billionaire businessman ran for president and then campaigned for him in 2016. He traveled all over the world and his curiosity knew no bounds. He most appreciated those who stepped outside of their expertise. As much as Leach enjoyed digging into topics other than football, he was excellent at the Xs and Os. Six of the 20 best passing seasons in major college football history were by quarterbacks who played for Leach, including four of the top six. Calling plays from a folded piece of paper smaller than an index card, Leach turned passers such as B.J. Symons (448.7 yards per game), Graham Harrell (438.8), Connor Halliday (430.3) and Anthony Gordon (429.2) into record-setters and Heisman Trophy contenders. I covered this one due to Mike Leach’s time at WSU, where he spent 8 successful seasons at the helm of my father’s alma mater. We shared great memories watching his cougars together. Rest in peace Leach, rest in peace.
This is Garrison Hardie with your CrossPolitic Daily Newsbrief for Thursday, December 15th, 2022. Before we get to the news today… You guys know Christmas is a coming right? Maybe you should get someone you love a Fight Laugh Feast Club Membership! Club Membership Plug: Its Christmas, join our club. During December, the first 75 people to upgrade or join our Gold or Platinum club membership will get our 32OZ Kodiak Christmas water bottle and a free subscription to our Fight Laugh Feast Magazine. By joining the Fight Laugh Feast Army, not only will you be aiding in our fight to take down secular & legacy media; but you’ll also get access to content placed in our Club Portal, such as past shows, all of our conference talks, and EXCLUSIVE content for club members that you won’t be able to find anywhere else. Lastly, you’ll also get discounts for our conferences… We don’t have the big money of woke media, and so our club members are crucial in this fight. So, join the movement, join our army, and you can sign up now at fightlaughfeast.com. https://www.cnbc.com/2022/12/14/fed-rate-decision-december-2022.html Fed raises interest rates half a point to highest level in 15 years The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating the fight against inflation is not over despite some promising signs lately. Keeping with expectations, the rate-setting Federal Open Market Committee voted to boost the overnight borrowing rate half a percentage point, taking it to a targeted range between 4.25% and 4.5%. The increase broke a string of four straight three-quarter point hikes, the most aggressive policy moves since the early 1980s. Along with the increase came an indication that officials expect to keep rates higher through next year, with no reductions until 2024. The expected “terminal rate,” or point where officials expect to end the rate hikes, was put at 5.1%, according to the FOMC’s “dot plot” of individual members’ expectations. Investors initially reacted negatively to the expectation that rates may stay higher for longer, and stocks gave up earlier gains. During a news conference, Chairman Jerome Powell said it was important to keep up the fight against inflation so that the expectation of higher prices does not become entrenched. “Inflation data received so far for October and November show a welcome reduction in the monthly pace of price increases,” the chair said at his post-meeting news conference. “But it will take substantially more evidence to have confidence that inflation is on a sustained downward” path. The new level marks the highest the fed funds rate has been since December 2007, just ahead of the global financial crisis and as the Fed was loosening policy aggressively to combat what would turn into the worst economic downturn since the Great Depression. This time around, the Fed is raising rates into what is expected to be a moribund economy in 2023. Members penciled in increases for the funds rate until it hits a median level of 5.1% next year, equivalent to a target range of 5%-5.25. At that point, officials are likely to pause to allow the impact of monetary policy tightening to make its way through the economy. The consensus then pointed to a full percentage point worth of rate cuts in 2024, taking the funds rate to 4.1% by the end of that year. That is followed by another percentage point of cuts in 2025 to a rate of 3.1%, before the benchmark settles into a longer-run neutral level of 2.5%. However, there was a fairly wide dispersion in the outlook for future years, indicating that members are uncertain about what is ahead for an economy dealing with the worst inflation it has seen since the early 1980s. The newest dot plot featured multiple members seeing rates heading considerably higher than the median point for 2023 and 2024. For 2023, seven of the 19 committee members – voters and nonvoters included – saw rates rising above 5.25%. Similarly, there were seven members who saw rates higher than the median 4.1% in 2024. The FOMC policy statement, approved unanimously, was virtually unchanged from November’s meeting. Some observers had expected the Fed to alter language that it sees “ongoing increases” ahead to something less committal, but that phrase remained in the statement. Fed officials believe raising rates helps take money out the economy, reducing demand and ultimately pulling prices lower after inflation spiked to its highest level in more than 40 years. After spending much of 2021 dismissing the price increases as “transitory,” the Fed started raising interest rates in March of this year, first tentatively and then more aggressively, with the previous four increases in 0.75 percentage point increments. Prior to this year, the Fed had not raised rates more than a quarter point at a time in 22 years. The Fed also has been engaged in “quantitative tightening,” a process in which it is allowing proceeds from maturing bonds to roll off its balance sheet each month rather than reinvesting them. A capped total of $95 billion is being allowed to run off each month, resulting in a $332 billion decline in the balance sheet since early June. The balance sheet now stands at $8.63 trillion. https://www.kron4.com/news/bay-area/david-depape-in-court-today-live-updates/ David DePape case to move forward to trial, judge rules David DePape’s case will move forward to trial and the alleged Paul Pelosi attacker will be tried on all charges, a San Francisco Superior Court judge ruled on Wednesday. DePape, who appeared in court wearing an orange jumpsuit Wednesday, was arrested on Oct. 28 after allegedly attacking Speaker Nancy Pelosi’s husband with a hammer inside their Pacific Heights home. Superior Court Judge Stephen Murphy just ruled that the San Francisco District Attorney’s Office has enough evidence against David DePape to move the case forward to trial on all charges. DePape’s defense attorney never disputed that his client was in fact the person who broke into the Pelosi’s home and beat Paul Pelosi with a hammer. DePape made a full confession to police during interrogations and video of the interrogation was played in court. The most serious charge is premeditated attempted murder. Defense attorney Adam Lipson tried to argue that the attack was not premeditated, nor attempted murder. The defense pointed to DePape’s statements to Mr. Pelosi and police, in which he said he was targeting Nancy Pelosi, not Paul Pelosi, and intended to break Nancy’s kneecaps – not kill her. However, Judge Murphy disagreed with the defense. San Francisco Police Department Lt. Carla Hurley said when she interrogated David DePape, he revealed that he had other political targets. DePape said he planned to kidnap Hunter Biden, who lives in Malibu, California, so he could talk to Hunter about “all the corruption” in Washington, Hurley testified. DePape said he planned to travel to Los Angeles to confront Biden at home. (As the son of President Joe Biden, Hunter Biden is protected by Secret Service agents at his Malibu mansion.) DePape also said he planned to target California Gov. Gavin Newsom, Hurley testified. DePape told Hurley that he was on a “suicide mission” and would do whatever it took to stop Congress’ “corruption and lies.” Hurley said, in addition to Newsom and Hunter Biden, DePape also had two more targets: Actor Tom Hanks Feminist author Gale Breen https://thepostmillennial.com/breaking-washington-post-announces-layoffs-in-early-2023?utm_campaign=64487 Washington Post announces layoffs in early 2023 The Washington Post will be making layoffs early in the coming year, said CEO Fred Ryan on Wednesday morning. According to several staffers, Ryan announced at a company town hall that there will be layoffs at the paper early next year, reported Max Tani of Semafor. https://rumble.com/v20nj6a-washington-post-announces-layoffs-in-early-2023.html - Play Video As seen on video footage captured by a member of the town hall audience, the crowd became upset at their boss's announcement. "What are you going to do to protect people's jobs? Are they going to be treated like the magazine staffers were?" one employee can be heard asking as Ryan began to make his exit while other personnel also attempted to get answers. Last month, the Post ended their Sunday print magazine and laid off its employees, according to the Washingtonian. The news of the downsizing comes as the Post faces backlash for the characterization of journalists Bari Weiss and Matt Taibbi as "conservative." Taibbi, who previously worked for Rolling Stone, and Weiss, who was an editor at The New York Times, have both shared many left-leaning views in the past, however, they both are now under fire from the left for their documentation of the "Twitter Files," the internal documents shared by Twitter owner Elon Musk showing the tech giant taking massive steps to suppress and censor conservatives and politically-inconvenient news, such as the Hunter Biden laptop story. In a now-edited article, The Post labeled the two as "conservative journalists" for reporting on the “Twitter Files,” reports the Daily Caller. https://thepostmillennial.com/pedophile-who-performed-sex-act-to-12-year-old-girl-online-spared-prison?utm_campaign=64487 Pedophile spared prison after judge says web chat with 12-year-old girl ‘motivated by boredom’ A British man who engaged in a number of graphic online chats with a girl he believed to be 12 years old has been spared jail time, the Daily Mail reported. The judge presiding over the case argued that the man was "motivated by boredom rather than sexual interest in children" and that his "shame and remorse seem genuine." Andrew Teale, 43, began his chat innocently enough, but the conversation quickly turned sexual, with the married father eventually performing an act over Skype. I won’t read exactly what was said, as it is quite graphic in nature… but I’ll just say it was giving me Chris Hanson with to catch a predator vibes. Unbeknownst to Teale, he was saying all of these things to an undercover police officer, which ultimately resulted in his arrest in January. He admitted to attempting to engage in sexual activity in the presence of a child and attempting to engage in sexual communications with a child. The judge gave him a 12-month suspended jail sentence, meaning that he doesn't have to physically go to prison so long as certain requirements are met, including 150 hours of community service. During the sentencing, his previous good character, job loss, as well as the overall impact on his family life were also noted, although these comments were criticized as being an "insult to injury" by a former head of the national online police child protection unit. Formerly the Head of Innovation at British investment firm AJ Bell, Teale resigned from his position in July without informing the company of the criminal charges he was facing. Teale's lawyer says that he put a stop to his behavior and sought help. Dime Payments Dime Payments is a Christian owned processing payment business. Every business needs a payment process system, so please go to https://dimepayments.com/flf and sign your business up. Working with them supports us. They wont cancel you, like Stripe canceled President Trump. They wont cancel you, like Mailchimp canceled the Babylon Bee. Check them out. At least have a phone call and tell them that CrossPolitic sent you. Go to https://dimepayments.com/flf. Now finally, it’s time for my favorite topic… sports! https://www.breitbart.com/sports/2022/12/13/mississippi-state-football-coach-mike-leach-dies-at-61/ Mississippi State football Coach Mike Leach Dies at 61 Mike Leach, the gruff, pioneering and unfiltered college football coach who helped revolutionize the passing game with the Air Raid offense, has died following complications from a heart condition, Mississippi State said Tuesday. He was 61. Leach, who was in his third season as head coach at Mississippi State, fell ill Sunday at his home in Starkville, Mississippi. He was treated at a local hospital before being airlifted to University of Mississippi Medical Center in Jackson, about 120 miles (200 kilometers) away. “Mike was a giving and attentive husband, father and grandfather. He was able to participate in organ donation at UMMC as a final act of charity,” the family said in a statement issued by Mississippi State. “We are supported and uplifted by the outpouring of love and prayers from family, friends, Mississippi State University, the hospital staff, and football fans around the world. Thank you for sharing in the joy of our beloved husband and father’s life.” Leach fought through a bout with pneumonia late in this season, coughing uncontrollably at times during news conferences, but seemed to be improving, according to those who worked with him. News of him falling gravely ill swept through college football the past few days and left many who knew him stunned, hoping and praying for Leach’s recovery under grim circumstances. His impact on college football over the last two decades runs deep and will continue for years to come. Leach was known for his pass-happy offenses, wide-ranging interests — he wrote a book about Native American leader Geronimo, had a passion for pirates, a taught a class about insurgent warfare — and rambling, off-the-cuff news conferences. Leach’s teams were consistent winners at programs where success did not come easy. In 21 seasons as a head coach at Texas Tech, Washington State and Mississippi State, Leach went 158-107. And his quarterbacks put up massive passing statistics, running a relatively simple offense called the Air Raid that he did not invent but certainly mastered. An interview with Leach was as likely to veer off into politics, wedding planning or hypothetical mascot fights as it was to stick to football. He considered Donald Trump a friend before the billionaire businessman ran for president and then campaigned for him in 2016. He traveled all over the world and his curiosity knew no bounds. He most appreciated those who stepped outside of their expertise. As much as Leach enjoyed digging into topics other than football, he was excellent at the Xs and Os. Six of the 20 best passing seasons in major college football history were by quarterbacks who played for Leach, including four of the top six. Calling plays from a folded piece of paper smaller than an index card, Leach turned passers such as B.J. Symons (448.7 yards per game), Graham Harrell (438.8), Connor Halliday (430.3) and Anthony Gordon (429.2) into record-setters and Heisman Trophy contenders. I covered this one due to Mike Leach’s time at WSU, where he spent 8 successful seasons at the helm of my father’s alma mater. We shared great memories watching his cougars together. Rest in peace Leach, rest in peace.
Joey Politano is an economist and a commentator who writes and publishes on a Substack newsletter named, “Apricitas Economics,” where he covers a wide range of subjects on a number of economic topics. Joey joins Macro Musings to talk about inflation, monetary policy, and the issues surround them. Specifically, David and Joey discuss the outlook for services and durable goods inflation, the indicators of tightening financial conditions, lessons learned from monetary policy over the past decade, and more. Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings Joey's Twitter: @JosephPolitano Joey's Substack: https://apricitas.substack.com/ Related Links: *Inflation Hits 7.9%, and Things are Likely to Get Worse Before They Get Better* by Joseph Politano https://apricitas.substack.com/p/inflation-hits-79-and-things-are?s=r *Financial Conditions are Tightening as the Fed Raises Rates* by Joseph Politano https://apricitas.substack.com/p/financial-conditions-are-tightening?s=r *Understanding the Fed's Hawkish Pivot* by Joseph Politano https://apricitas.substack.com/p/understanding-the-feds-hawkish-pivot?s=r *Biden's Deep State is on Substack* by Alex Thompson, Tina Sfondeles, and Max Tani https://www.politico.com/newsletters/west-wing-playbook/2022/01/10/bidens-deep-state-is-on-substack-495668 *Powell Says ‘Inflation is Much Too High' and the Fed Will Take ‘Necessary Steps' to Address* by Jeff Cox https://www.cnbc.com/2022/03/21/powell-says-inflation-is-much-too-high-and-the-fed-will-take-necessary-steps-to-address.html David's Twitter: @DavidBeckworth David's blog: http://macromarketmusings.blogspot.com/
In this episode, Natalia, Neil, and Niki discuss the historical significance of the January 6, 2021 assault on the U.S. Capitol. Support Past Present on Patreon: https://www.patreon.com/pastpresentpodcast Here are some links and references mentioned during this week's show: As we approach the one-year anniversary of the Capitol riots, pundits have reflected on how much of a turning point it was. Natalia referred to this Washington Post piece by Sam Tanenhaus and Kerry Howley's New York profile of three rioters. Niki wrote about the longer slide toward illiberalism that the riots represented, and Neil cited a New York piece by Rick Perlstein that considered the incident in the longer context of American authoritarianism. In our regular closing feature, What's Making History: Natalia discussed Molly Young's New York Times Magazine article “How Disgust Explains Everything.” Neil recommended Robert W. Fieseler's book, Tinderbox: The Untold Story of the Upstairs Lounge Fire and The Rise of Gay Liberation. Niki shared Max Tani's POLITICO article, “Lawrence O'Donnell Was on TV Life Support. Now He's MSNBC's Most Critical Anchor.”
La finanza offshore sottrae al fisco nazionale di vari Paesi una quantità immensa di risorse, si stima pari al 10 per cento delle ricchezze mondiali. Un'inchiesta potrebbe cambiarne il volto per sempre.
I costi dell'operazione dopo aver stracciato l'accordo con la Francia vanno da eventuali compensazioni a ripercussioni sull'economia del South Australia.
Con tre stati in lockdown, la risposta economica del governo federale australiano diventa ancora più essenziale.
(Sorry if you’re receiving this for a second time, there were technical difficulties)Hello and welcome to Episode 50 of Diversity Hire. Thanks for making it this far with us. We have a special guest for you guys this week: Max Tani of The Daily Beast. WE 👏GOT👏 MESSY👏A few of the topics include: Who invented the concept of Dimes Square, going to parties, Google docs full of gossip waiting to become news, hating DC, the ups and downs and ups of the media labor movement, our thoughts on B*n Sm**h, media’s broken star system, shouting out our influential listeners, and a WHOLE LOT more. If you are a new or old listener, thanks for sticking it out with us. Enjoy this episode!! Get on the email list at diversityhire.substack.com
L'Australia sta attraversando una crisi molto particolare: da una parte il boom delle costruzioni, dall'altra la carenza di legname che sta diventando cronica, con i costi che stanno salendo alle stelle.
Al G7 conclusosi in Cornovaglia domenica scorsa si è discusso dell'alternativa statunitense al progetto cinese per creare un network globale di infrastrutture.
La legge finanziaria presentata da Josh Frydenberg lo scorso 11 maggio avrà effetti duraturi per tutto il Paese, a partire dalle restrizioni ai voli internazionali fino al 2022.
L'attenzione del governo rimane sulla ripresa economica del Paese nell’era post COVID più che sul fissare degli obiettivi precisi in materia di politica climatica. Chi ci guadagna e chi ci perde in tutto questo? Ce ne parla il professore di finanza della University of NSW di Canberra, Max Tani.
La scorsa settimana il tasso di liquidazione delle case in vendita è stato astronomico: a Sydney l'87% delle abitazioni sono state vendute immediatamente appena messe all'asta. A livello nazionale, siamo all'83%.
La vicenda di Gamestop mette in luce i rischi del cosidetto short selling e le contraddizioni delle speculazioni.
Il primo ministro in pectore Michael McCormack sostiene che nell’Australia regionale il lavoro non manca e che proseguire con il sussidio JobKeeper non è solo insostenibile, ma anche non necessario.
Tra Brexit Deal e Recovery Fund, i due Paesi europei sono in attesa di importanti cambiamenti sul piano politico-economico. Max Tani analizza gli ultimi dati e le loro ripercussioni sull’anno a venire.
Il timore causato dalla variante del COVID-19 in Gran Bretagna, unito al mancato accordo sulla Brexit, ha fatto bruciare ai mercati oltre 200 miliardi di euro in un giorno. - Il timore causato dalla variante del COVID-19 in Gran Bretagna, unito al mancato accordo sulla Brexit, ha fatto bruciare ai mercati oltre 200 miliardi di euro in un giorno.
Un'economia da rilanciare e una strategia sull'ambiente da rivedere saranno al centro dell'azione di governo di Scott Morrison nel 2021, commenta il professore di finanza Max Tani.
The latest changes to the industrial relations discussed in Parliament have alarmed the opposition and the Unions. - La nuova legge sulle relazioni industriali ha messo in allarme l'opposizione federale ed i sindacati.
I prezzi delle case nelle capitali australiane sono saliti nel mese di novembre. Ma come mai, malgrado la pandemia di COVID-19 e l'inasprimento delle relazioni con la Cina? Ce lo spiega l'esperto di finanza Max Tani.
Asian stock exchanges and the Wall Street futures market celebrated the election of Joe Biden and Kamala Harris in the US, opening the week higher. Optimism also followed the news about the 90% efficacy of a vaccine against COVID-19. - Le borse asiatiche e il mercato dei future di Wall Street celebrano la vittoria di Joe Biden e Kamala Harris alle elezioni americane aprendo la settimana in rialzo.
The Reserve Bank of Australia has cut the official cash rate to an historic low of 0.1 per cent, saying it's prepared to do more to help stimulate the economy if necessary. - La Reserve Bank of Australia ha ridotto il tasso di sconto ufficiale al minimo storico dello 0,1%, sostenendo di essere pronta a fare ancora di più per stimolare l'economia se dovesse rivelarsi necessario.
The Australian Federal Government's JobMaker scheme provides a $200 bonus to businesses hiring staff under the age of 29 ($100 between the ages of 30 and 35), but according to Massimiliano Tani, professor of finance at UNSW-Canberra, there is a risk that some employers may use the scheme to their advantage. - Il programma JobMaker del governo federale australiano prevede un bonus di 200 dollari alle imprese che assumono personale al di sotto dei 29 anni (100 dollari fra i 30 e 35 anni), ma secondo il professor Massimiliano Tani, docente di finanza alla UNSW-Canberra, c'è il rischio che alcuni datori di lavoro possano utilizzare lo schema a loro vantaggio.
The Australian economy risks a new crisis following revelations that Beijing has ordered Chinese companies to stop importing coal from Canberra. - L'economia australiana rischia una nuova crisi in seguito alle rivelazioni secondo le quali Pechino avrebbe ordinato alle aziende cinesi di interrompere l'importazione di carbone da Canberra.
According to University of New South Wales-Canberra finance professor, Massimiliano Tani, in this budget the government has excessively delegated to businesses the responsibility of creating jobs to get out of the recession caused by the COVID-19 pandemic. - Secondo il docente di finanza della University of New South Wales-Canberra, Massimiliano Tani, in questo budget il governo ha delegato eccessivamente alle imprese la responsabilità di creare posti di lavoro per uscire dalla recessione provocata dalla pandemia di COVID-19.
The JobKeeper support scheme has been a lifeline for millions of Australians. But from Monday, the wage subsidy has been scaled back. - Da lunedì è entrato in vigore il nuovo sussidio JobKeepeer, ridotto da 1500 a 12 dollari alla quindicina per i lavoratori a tempo pieno e a 750 per i lavoratori part-time.
La Banca Centrale ha annunciato la possibilità di entrare in territorio negativo. L’economista Max Tani spiega le ripercussioni di questa eventuale decisione.
According to our economics and finance expert, Massimiliano Tani, only targeted investments and greater attention to infrastructures will be able to restart the Australian productive machine. - Secondo il nostro esperto di economia e finanza, Massimiliano Tani, solo investimenti mirati e una maggiore attenzione alle infrastrutture potranno far ripartire la macchina produttiva australiana.
The latest lock-down has been harsh on Victoria, as small business are dismayed by the announcement of Phase 4 extension. - L’ultimo mese di restrizioni della Fase 4 ha duramente colpito l’economia dello stato e l’annuncio di domenica del premier Daniel Andrews sembra avere gettato nello sconforto il mondo dell’imprenditoria.
The repercussions of the COVID-19 emergency on the economy continue to be felt, but, according to UNSW-Canberra finance professor Massimiliano Tani, compared to other countries, Australia is in a less dramatic situation. - Il ministro del tesoro Josh Frydenberg ha dichiarato che nuovi dati confermano la prima recessione della nazione in quasi tre decenni. Ma secondo il professore di finanza della UNSW-Canberra Massimiliano Tani i dati sono migliori di quanto ci si aspettasse.
A survey of consumer habits during the peak of the pandemic revealed that half of respondents said they were unsure of their ability to pay rent. A study by the Consumer Policy Research Centre indicates that between May and July the number of young Australians who have applied for loans to make ends meet has increased. - Una ricerca sulle abitudini dei consumatori durante il picco della pandemia ha rivelato che la metà dei partecipanti si è detta incerta sulla capacità di pagare l'affitto.Lo studio del Consumer Policy Research Centre indica che, tra maggio e luglio, è aumentato il numero dei giovani australiani che hanno richiesto prestiti per sbarcare il lunario.
From tomorrow onward, small business in Victoria is shutting down and brace itself for a very difficult six weeks. - Da domani, le piccole e medie imprese cambieranno radicalmente il modo in cui lavoreranno per le prossime sei settimane.
Welcomed in Italy positively by the government and negatively by some opposition parties, the aid package for the post-pandemic of the European Union is analysed by the University of New South Wales-Canberra professor. - Accolto in Italia positivamente dal governo e negativamente da parte delle opposizioni, il pacchetto di aiuti per il post-pandemia dell'Unione Europea viene analizzato dal docente della University of New South Wales-Canberra.
The economic and financial issues of the week analysed by the UNSW-Canberra professor of finance, Massimiliano Tani. - I temi economico-finanziari della settimana analizzati dal professore di finanza della UNSW-Canberra Massimiliano Tani.
With the finance professor of UNSW-Canberra, Massimiliano Tani, we analysed the economic repercussions at national level of the new lockdown and the closure of borders in the State. - Con il professore di finanza della UNSW-Canberra, Massimiliano Tani, abbiamo analizzato le ripercussioni economiche a livello nazionale del nuovo lockdown e della chiusura delle frontiere nello stato.
While the economic recovery is being drawn in Italy, the political-economic cold war between Australia and China continues. - Mentre in Italia si tracciano le basi per la ripresa economica, la guerra fredda politico-economica tra l'Australia e la Cina continua.
China's decision to impose 80% tariffs forces Australia to seek new markets for the export of barley. Meanwhile, the reluctance of some States to reopen internal borders to avoid new cases of COVID-19 accentuates the crisis in the tourism sector. - La decisione della Cina di imporre dazi dell'80% costringe l'Australia a cercare nuovi mercati per l'esportazione dell'orzo. Intanto la riluttanza di alcuni Stati a riaprire le frontiere interne per evitare nuovi casi di COVID-19 accentua la crisi del settore del turismo.
The Chinese government has denied its suspension of four Australian abattoirs’ import licences is linked to a bilateral dispute over an investigation into the origins of coronavirus. But the diplomatic relations between Australia and China have deteriorated since Prime Minister Scott Morrison began pushing for a global inquiry into the origins of COVID-19. - Continua l'escalation tra Canberra e Pechino, iniziata con l'insistenza australiana per la creazione di una commissione che indaghi sulle origini del COVID-19.
"Drone Chomsky" joins us to talk about his Twitter dot com suspension, Jordan Uhl talks about his dream to meet the Krassenstein brothers, and Max Tani talks streetwear culture. This episode is co-hosted by Jared Holt and Jack.Show Jordan some love: twitter.com/JordanUhlMax, too: twitter.com/maxwelltaniThe call-in voicemail inbox is (202) 630-0580Support this show: patreon.com/shtpostpodcast Get on the email list at shtpost.substack.com
Host Jared Holt talks about the unjust treatment of Walugi, a patent Uber filed to find out if you're calling a car while drunk, and disturbing audio of children crying after ICE agents separated them from their parents (unearthed by Propublica). The Daily Beast's Max Tani joins to talk about Dennis Rodman's North Korea trip and Natalie Martinez guides us through all things Sharknado. The call-in voicemail inbox is (202) 630-0580Show Max some love: twitter.com/maxwelltaniAlso Natalie: twitter.com/natijomartinezPatreon: patreon.com/shtpostpodcast Get on the email list at shtpost.substack.com
The Reserve Bank's decision to leave rates unchanged, the repercussions of a possible secession of Catalonia from Spain and the closure of the Toyota plant in Australia. We analysed these issues with UNSW Canberra Finance Professor, Max Tani. - Ne abbiamo parlato con il professore di finanza della UNSW di Canberra, Max Tani.