Podcasts about New Deal

The commons, unions, and a livable wage built the first mass middle class. Now younger voters want to reboot that machine at full throttle…See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

POPULIST THREATS FROM THE SOUTH: HUEY LONG AND THE TALMADGES Colleague David Pietrusza. Roosevelt faced significant challenges from Southern populists who threatened to split his support in the solid South. The most dangerous was Huey Long of Louisiana, whose left-wing "Share Our Wealth" program promised massive redistribution of assets. Long planned to siphon votes in 1936 to ensure a Republican victory, hoping to win the presidency himself in 1940, but his assassination in 1935 removed this threat. Meanwhile, Georgia's Eugene Talmadge, a conservative populist who engaged in race-baiting and opposed welfare, rallied radical elements and Confederatesympathizers against the New Deal, complicating Roosevelt's strategy. NUMBER 2

Chris Whalen, chairman of Whalen Global Advisors and author of The Institutional Risk Analyst blog, joins The Julia La Roche Show for "The Wrap with Chris Whalen." In this episode, Chris Whalen breaks down why Kevin Hassett may have blown his chances for Fed Chair by walking back Trump's views, discusses Kevin Warsh as the emerging frontrunner, and explains his reform proposal to return to a decentralized Fed with 15 district banks focused solely on sound money. He reveals why Trump's rhetoric about interest rates is backfiring (pushing the 10-year UP instead of down), predicts a home price correction in 2027-28, and explains why 3% inflation is now the new target. Whalen also discusses why gold and silver are still in early innings, how commercial real estate pain is being quietly resolved in the background, why good bank numbers mask concerning private credit risks, and answers a viewer question about BOJ rate hikes potentially triggering a broader correction.Links:    The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/  https://www.theinstitutionalriskanalyst.com/post/theira785Inflated book (2nd edition): https://www.barnesandnoble.com/w/inflated-r-christopher-whalen/1146303673Twitter/X: https://twitter.com/rcwhalen    Website: https://www.rcwhalen.com/   https://international-economy.com/TIE_Su25_Whalen.pdfTimestamps:00:00 Welcome Chris Whalen01:10 Kevin Hassett: Did he blow his chances for Fed Chair?03:38 Reforming the Fed: Decentralized model vs FDR's changes04:11 How decentralization would change Fed policy06:08 Fed must be independent of President, not Congress07:44 Post-1935 power concentration with Fed Chair08:11 How centralization distorted monetary policy09:17 Has the Fed been acting like its own hedge fund?10:30 Home price correction coming in 2027-2811:14 Subscribe reminder11:52 Trump's rate talk pushing yields UP not down12:56 Advice to Trump: Talk about growth and jobs, not rates14:09 Kevin Warsh as emerging frontrunner for Fed Chair15:17 Scrap the dual mandate, focus on sound currency16:41 CPI print this week: 3% is the new target17:23 Raising conforming limits encourages more inflation18:42 Gold, sound money, and what Treasury should do20:14 Is sound money viable?21:33 Roosevelt's New Deal legacy and today's problems22:53 Silver all-time high, gold north of $4,300 - still early innings24:22 Commercial real estate pain and which banks are exposed27:10 Private credit, NDFIs and why good bank numbers are concerning29:37 Inflation driving everything in New York and beyond30:22 Viewer question: BOJ rate hikes and impact on risk assets31:44 Wrap up, year-end predictions preview and where to find Chris

The Batters Review into Farm Profitability in England was finally published this week. It was put together by Baroness Batters, former president of the National Farmers Union. More than 150 pages long, it has 57 recommendations for the government: it calls for a National Plan for farming, and a New Deal for profitable farming that recognises the true cost of producing food and delivering for the environment. We look at the issue of supermarkets using veg like carrots and potatoes as loss leaders in their stores. Some are selling packs for as little as 5p for 2kg. We hear from the Fresh Food Editor of The Grocer magazine who says it's all about getting shoppers through the door, but can ultimately devalue food. All this week on our sister programme Farming Today we've been looking at the rural heritage buildings that make up our countryside, from barns to country houses. Today we hear from students learning heritage construction skills, a church in need of renovation, and historic mill stones.And we're at a livestock market carol service, where a silver brass band replaces sheep and cattle in the stalls.Presented by Charlotte Smith and produced by Sally Challoner.

In today's episode on 20th December, we tell you why Aurionpro Solutions' stock hasn't been doing well lately.https://ditto.sh/vx51ji 

Dave Davis looks at all the latest Liverpool news ahead of a game against Spurs this weekend, with focus on Semenyo, Guehi and Minguez links, Szob and Ibou contract talks and all other stories. Learn more about your ad choices. Visit podcastchoices.com/adchoices

On Thursday's Football Daily, Eve Conway has the latest ahead of a night of European action for Shelbourne and Shamrock Rovers Nancy on Celtic's poor run of form Chris Sutton and Vinny Perth react to chaos at CelticGlasner complains over tight Christmas fixturesWomen's Champions League knock-out draw is todayRobbie Keane signs a new contract at FerencvárosBecome a member and subscribe at offtheball.com/join

Scott interviews economist Bob Murphy about how the Federal Reserve enables the government to pursue its wars of choice. They also talk about the soundness of Modern Monetary Theory, the prospect of a war with Venezuela, the affordability crisis and more. Discussed on the show: The Creature from Jekyll Island by G. Edward Griffin What Has Government Done to Our Money? by Murray Rothbard Secrets of the Temple: How the Federal Reserve Runs the Country by William Greider Politically Incorrect Guide to the Great Depression and the New Deal by Robert P. Murphy Robert P. Murphy is a Senior Fellow with the Mises Institute. He is the author of numerous books: Contra Krugman: Smashing the Errors of America's Most Famous Keynesian; Chaos Theory; Lessons for the Young Economist; Choice: Cooperation, Enterprise, and Human Action; The Politically Incorrect Guide to Capitalism; Understanding Bitcoin (with Silas Barta), among others. He is also host of The Human Action Podcast and The Bob Murphy Show. Follow him on X @BobMurphyEcon Audio cleaned up with the Podsworth app:  https://podsworth.com Use code HORTON50 for 50% off your first order at Podsworth.com to clean up your voice recordings, sound like a pro, and also support the Scott Horton Show! For more on Scott's work: Check out The Libertarian Institute:  https://www.libertarianinstitute.org Check out Scott's other show, Provoked, with Darryl Cooper https://youtube.com/@Provoked_Show Read Scott's books: Provoked: How Washington Started the New Cold War with Russia and the Catastrophe in Ukraine https://amzn.to/47jMtg7 (The audiobook of Provoked is being published in sections at https://scotthortonshow.com) Enough Already: Time to End the War on Terrorism: https://amzn.to/3tgMCdw Fool's Errand: Time to End the War in Afghanistan https://amzn.to/3HRufs0 Follow Scott on X @scotthortonshow And check out Scott's full interview archives: https://scotthorton.org/all-interviews This episode of the Scott Horton Show is sponsored by: Roberts and Roberts Brokerage Incorporated https://rrbi.co Moon Does Artisan Coffee https://scotthorton.org/coffee; Tom Woods' Liberty Classroom https://www.libertyclassroom.com/dap/a/?a=1616 and Dissident Media https://dissidentmedia.com You can also support Scott's work by making a one-time or recurring donation at https://scotthorton.org/donate/https://scotthortonshow.com or https://patreon.com/scotthortonshow Learn more about your ad choices. Visit megaphone.fm/adchoices

 Download Audio. Scott interviews economist Bob Murphy about how the Federal Reserve enables the government to pursue its wars of choice. They also talk about the soundness of Modern Monetary Theory, the prospect of a war with Venezuela, the affordability crisis and more. Discussed on the show: The Creature from Jekyll Island by G. Edward Griffin What Has Government Done to Our Money? by Murray Rothbard Secrets of the Temple: How the Federal Reserve Runs the Country by William Greider Politically Incorrect Guide to the Great Depression and the New Deal by Robert P. Murphy Robert P. Murphy is a Senior Fellow with the Mises Institute. He is the author of numerous books: Contra Krugman: Smashing the Errors of America's Most Famous Keynesian; Chaos Theory; Lessons for the Young Economist; Choice: Cooperation, Enterprise, and Human Action; The Politically Incorrect Guide to Capitalism; Understanding Bitcoin (with Silas Barta), among others. He is also host of The Human Action Podcast and The Bob Murphy Show. Follow him on X @BobMurphyEcon Audio cleaned up with the Podsworth app: https://podsworth.com Use code HORTON50 for 50% off your first order at Podsworth.com to clean up your voice recordings, sound like a pro, and also support the Scott Horton Show! For more on Scott's work: Check out The Libertarian Institute: https://www.libertarianinstitute.org Check out Scott's other show, Provoked, with Darryl Cooper https://youtube.com/@Provoked_Show Read Scott's books: Provoked: How Washington Started the New Cold War with Russia and the Catastrophe in Ukraine https://amzn.to/47jMtg7 (The audiobook of Provoked is being published in sections at https://scotthortonshow.com) Enough Already: Time to End the War on Terrorism: https://amzn.to/3tgMCdw Fool's Errand: Time to End the War in Afghanistan https://amzn.to/3HRufs0 Follow Scott on X @scotthortonshow And check out Scott's full interview archives: https://scotthorton.org/all-interviews This episode of the Scott Horton Show is sponsored by: Roberts and Roberts Brokerage Incorporated https://rrbi.co Moon Does Artisan Coffee https://scotthorton.org/coffee; Tom Woods' Liberty Classroom https://www.libertyclassroom.com/dap/a/?a=1616 and Dissident Media https://dissidentmedia.com You can also support Scott's work by making a one-time or recurring donation at https://scotthorton.org/donate/https://scotthortonshow.com or https://patreon.com/scotthortonshow

The DA has officially charged Nick Reiner with the murder of his parents, Rob and Michele. Howard Stern inks a 3 year deal to stay at SiriusXM, Hailey's haircut and Angelina Jolie shares mastectomy scars. A wild story that could involve David Harbour and Hilaria so badly wants to be Kris Jenner. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Seth and Sean talk with Audacy NFL Insider Ross Tucker, dive into the odds for DeMeco Ryans to win Coach of the Year, and Laremy Tunsil wanting a new contract. Good thing that's not the Texans' problem anymore.

From the 1930s through the early 1960s, roughly half of Americans described themselves as liberals. But in the decades that followed, liberalism has suffered near-continuous reputational decline. The critics, rivals, and enemies of liberalism sought to redefine its public image downward, and nearly all succeeded. Among these opponents were the conservatives around William F. Buckley Jr., who attempted to portray liberalism as a combination of militant secularism and socialism or even communism; while a majority of Americans didn't buy this definition, Buckley and his confreres succeeded in equating liberalism with leftism, to the point that more than half of Americans tell pollsters that the Democratic Party has become “too liberal.” But actual left-wing critics felt that, on the contrary, postwar liberals had betrayed the radical potential of the New Deal and smothered American society in corporate capitalism and conformist consensus. Black civil rights activists, for their part, came to feel that white liberals were treacherous allies, unwilling to push for true equality if it would threaten their own power and position. Kevin G. Schultz, a professor of History, Catholic Studies, and Religious Studies at the University of Illinois at Chicago, has researched the descent of liberalism's reputation across the latter half of the twentieth century and up to the present. Why, he wonders, “have so many people come to hate white liberals, including, perhaps, even white liberals themselves?” He describes this history in his new book, Why Everyone Hates White Liberals (Including White Liberals). In this podcast discussion, he concedes that liberalism set itself up for criticism in many ways, but nonetheless concludes that liberalism did not fall of its own weight – it was “assassinated,” as he put it, by its political opponents, who “recognized they could defeat liberalism in America… not by attacking its politics or policies, which generally remained popular,” but instead by “giving it meanings no self-respecting liberal would accept but from which they couldn't successfully escape.” And by mocking the people who upheld that philosophy, the white liberals, the critics gave the word “liberal” so much baggage that the concept of liberalism could no longer be defended — to the point that Schultz now feels the very term should be abandoned. 

This Day in Legal History: West Coast HotelOn December 16, 1936, the US Supreme Court heard oral arguments in West Coast Hotel Co. v. Parrish, a case that would become a cornerstone in constitutional law and mark a significant turning point in the Court's approach to economic regulation. At issue was the constitutionality of Washington State's minimum wage law for women, which had been challenged by the West Coast Hotel Company after Elsie Parrish, a maid, sued for back wages.The case arrived during a period when the Court had consistently struck down New Deal-era economic regulations, relying on a broad interpretation of “freedom of contract” under the Due Process Clause of the Fourteenth Amendment. Earlier cases like Lochner v. New York had enshrined a judicial skepticism toward government interference in labor and wage arrangements.However, in Parrish, the Court's posture shifted. The eventual decision, handed down in 1937, upheld the minimum wage law, effectively signaling the end of the so-called Lochner era. The majority reasoned that the state had a legitimate interest in protecting the health and well-being of workers, particularly vulnerable low-wage employees.Justice Owen Roberts, who had previously sided with the Court's conservative bloc, voted with the majority—his move later came to be known as “the switch in time that saved nine,” as it followed President Roosevelt's controversial proposal to expand the Court.The decision validated broader governmental authority to regulate the economy, and it cleared the path for many New Deal policies to take root. It also marked a recalibration in the balance between individual economic liberty and the public interest.West Coast Hotel remains a landmark case in US constitutional history, exemplifying how judicial interpretation can evolve in response to changing social and economic realities.The 2025 tax-and-spending law introduced an overtime tax deduction that was billed as relief for overworked, working-class Americans. But the reality shaping up for the 2026 filing season is far more complicated—and far less beneficial—than its political framing suggested. The deduction does not exempt overtime pay from taxation; instead, it offers a narrow, post-withholding deduction that workers must calculate themselves, often without support from their employers or sufficient guidance from the IRS.The structure of the deduction is flawed: it only applies to the “half” portion of time-and-a-half pay and is capped at $12,500. For lower-wage workers to take full advantage, they must clock extraordinary amounts of overtime—something not feasible for many. Meanwhile, employers are actively disincentivized from helping employees understand or claim the benefit. If they report eligibility and make an error, they could face legal penalties, while doing nothing carries no risk. The system thus favors inaction and leaves employees to fend for themselves.Without clear W-2 guidance or safe harbor rules, the deduction becomes accessible primarily to those with tax professionals or payroll tools—functioning as a quiet subsidy for the well-advised. For others, it's a bureaucratic maze with limited reward. To prevent administrative failure, the IRS should at least provide a legal safe harbor for employers and model W-2 language. A more ambitious fix would be a flat-rate standard deduction for eligible workers, reducing complexity. Until then, this “relief” policy punishes transparency, discourages compliance, and places the greatest burden on those with the fewest resources.Trump Overtime Tax Break More a Political Tagline Than Tax ReliefDonald Trump filed a lawsuit in federal court in Miami seeking up to $10 billion in damages from the BBC, alleging defamation and violation of Florida's unfair trade practices law. The suit stems from an edited segment in a BBC Panorama documentary that combined parts of Trump's January 6, 2021 speech—specifically his calls to “march on the Capitol” and to “fight like hell”—while omitting language where he encouraged peaceful protest. Trump claims the edit falsely portrayed him as inciting violence and caused substantial reputational and financial harm.The BBC had previously admitted to an error in editing, apologized publicly, and acknowledged the clip could give a misleading impression. However, the broadcaster argues that there is no legal basis for the lawsuit. UK officials have backed the BBC's position, saying it has taken appropriate steps. Despite this, Trump's legal team claims the broadcaster has shown no real remorse and continues to engage in what they describe as politically motivated misrepresentation.The documentary in question aired before the 2024 U.S. presidential election and triggered significant fallout for the BBC, including the resignations of its top two executives. While the program did not air in the U.S., it was available via BritBox—a BBC-controlled streaming service—and possibly distributed in North America through licensing deals with Canadian firm Blue Ant Media.Legal experts say Trump faces a high bar in U.S. courts under First Amendment standards. He must prove not only that the edited content was false and defamatory, but also that the BBC acted with actual malice or reckless disregard for the truth. The BBC may argue that the content was substantially accurate and did not materially harm Trump's reputation. Other networks, including CBS and ABC, previously settled defamation claims with Trump after his 2024 election victory.Trump seeks up to $10 billion in damages from BBC over editing of January 6 speech | ReutersU.S. law school enrollment surged 8% in 2025, reaching a 13-year high with 42,817 first-year students, according to new data from the American Bar Association. The increase follows an 18% rise in law school applicants and continues a multi-year upward trend, fueled by a mix of economic uncertainty, political intensity, and a growing interest in legal careers. The sluggish job market for college graduates, coupled with the centrality of legal issues during Donald Trump's second presidential term, has contributed to renewed interest in law degrees.A significant number of prospective students also cited personal and social motivations. A survey of 15,000 LSAT takers found rising interest in using law degrees to “help others” and “advocate for social justice,” with both reasons seeing double-digit percentage increases over last year. The pool of LSAT test-takers has grown as well, signaling likely continued enrollment growth in 2026.Some elite law schools, including Harvard, enrolled their largest first-year classes in over a decade. However, the long-term outlook remains uncertain. Legal employment has been strong in recent years, with the class of 2024 posting record job placement, but experts warn that advances in artificial intelligence could reduce demand for new associates—particularly at large firms offering high salaries. Smaller sectors like government and public interest law may struggle to absorb excess graduates if hiring slows.US job market, politics fuel 8% surge in law school enrollment | ReutersDonald Trump's controversial plan to build a $300 million, 90,000-square-foot ballroom on the White House grounds is facing its first legal challenge in federal court. The National Trust for Historic Preservation has sued Trump and several federal agencies, alleging that the demolition of the East Wing to make way for the ballroom violated multiple preservation laws and bypassed required reviews. The group is seeking a temporary restraining order to halt ongoing construction, citing irreversible damage to the historic structure.Since returning to office in January, Trump has made high-profile aesthetic changes to the White House, including installing gold accents in the Oval Office and converting the Rose Garden lawn into a patio modeled after Mar-a-Lago. But the scale and visibility of the ballroom project has drawn particularly intense criticism, especially as heavy machinery was seen dismantling the 120-year-old East Wing.The lawsuit argues that no president, including Trump, has the unilateral authority to alter protected parts of the White House without following procedures involving public input and reviews by agencies like the National Capital Planning Commission and the Commission of Fine Arts.The administration defended the project as lawful, citing historical precedent and presidential authority to modify the executive residence. It emphasized that above-ground construction was not scheduled to begin until April, rendering emergency relief unnecessary. Still, the National Trust contends that public consultation and proper approvals are not optional and must be upheld regardless of the project's timeline or presidential status.Trump's $300 million White House ballroom makeover faces day in court | ReutersA federal judge has ruled that the U.S. Department of Agriculture (USDA) must extend the deadline for states to implement new immigration-related restrictions on food aid benefits under the Supplemental Nutrition Assistance Program (SNAP). The decision, issued by U.S. District Judge Mustafa Kasubhai in Oregon, came in response to a lawsuit brought by 21 Democratic-led states and the District of Columbia. The states argued they were not given adequate time or clarity to comply with the new rules, which were tied to President Donald Trump's domestic policy legislation passed in July.The USDA had initially set a November 1 deadline for states to comply with the restrictions, which limit SNAP benefits to U.S. citizens and lawful permanent residents. However, the guidance issued on October 31 created confusion by implying that some lawful residents—such as those who entered the U.S. as asylees or refugees—were ineligible, contrary to what the law allowed. The USDA later revised the guidance, but still maintained the November 1 deadline.Judge Kasubhai extended the grace period for compliance until April 9, finding the original deadline arbitrary and harmful to state budgets. He noted that the USDA's sudden guidance rollout undermined states' ability to respond and eroded trust in federal-state cooperation. The ruling blocks the USDA from penalizing states that don't meet the earlier deadline while the lawsuit proceeds.USDA must give states more time to implement new food aid restrictions, judge rules | Reuters This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

Despite its long-held place in history as the lynchpin of America's recovery from the Great Depression, what if the New Deal did more to hinder the country's recovery than help it? George Selgin is a professor emeritus of economics at the University of Georgia and former director of the Center on Monetary and Financial Alternatives at the Cato Institute. His books like, False Dawn: The New Deal and the Promise of Recovery and Floored!: How a Misguided Fed Experiment Deepened and Prolonged the Great Recession, examine macroeconomic theories through the lens of key moments in monetary history. In this conversation, Greg and George dive deep into the inner workings of The Great Depression, covering the biggest misconceptions surrounding the New Deal's role in ending the crisis, why many of President Roosevelt's policies were counterproductive, and how pre-existing, international factors impacted the U.S.'s recovery.*unSILOed Podcast is produced by University FM.*Episode Quotes:The myth of New Deal wisdom47:17: The thing that people have to remember when they are inclined to think, oh, you know, we need to look back at the New Deal and all the wonderful things they did to end the Depression. They knew so much, you know, they had all these experiments. No. We know a lot more about how to fight recessions and depressions than they did because we know that fiscal and monetary stimulus are our best hopes. And those were two things that the Roosevelt administration did not put much, if any, emphasis upon. And that, of course, just hearing that should give a lot of people second thoughts about how helpful the New Deal was. They did a lot of stuff, but they did not do the main thing we rely on now. The main things, they did not promote monetary stimulus, and they did not promote fiscal stimulus except somewhat, reluctantly.Keynes vs. the New Dealers59:39: I certainly believe that if Keynes's advice had been followed instead of what the New Dealers did, that the Depression would have ended much sooner than it did in the United States. The downside of "bold experimentation"35:56: Roosevelt made two statements that were probably the least, the two main unambiguous things he said, one of which turned out to be a very accurate description of what his administration would end up doing. And the other one of which would be a very inaccurate statement. This is all in the course of the campaign. The accurate statement was when he said that his administration planned to go about addressing the Depression through bold experimentation. And that is absolutely true. There was a lot of trial and error. And the problem is, as I say in my book, you know, the problem with bold experiments is they often fail.On war clouds and gold flows45:41: What keeps gold flowing in for the rest of the decade, and more and more of it as time goes on, is Hitler's rise to power and the, the gatherings war clouds that eventually have many, many Europeans thinking, I do not think this is place, this place is safe for our gold. And as long as they could, taking it and shipping it to the United States, where now after the suspension of the gold standard and the devaluation, the treasury alone is buying all the gold.Show Links:Recommended Resources:John Maynard KeynesFranklin D. RooseveltHerbert Hoover Henry Ford Alexander J. Field James Bradford DeLong Guest Profile:Faculty Profile at University of Georgia Professional Profile at the Cato InstituteProfessional Profile on LinkedInProfile on XGuest Work:False Dawn: The New Deal and the Promise of Recovery, 1933–1947 Floored!: How a Misguided Fed Experiment Deepened and Prolonged the Great RecessionMoney: Free and Unfree Less Than Zero: The Case for a Falling Price Level in a Growing EconomyThe Menace of Fiscal QE  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We discuss the recent Memorandum of Understanding between Ottawa and Alberta, its fallout, Carney's masterclass of doublespeaking, and Canada's general abandonment of climate ambitions. We also talk about First Nations in Ontario, clean drinking water, Doug Ford, tipping points, optimism, data centres and asbestos. Stefan interviews activist and organizer Aliya Hirji about her work with a lawsuit against the Canadian Pension Plan Investment Board.

Disney CEO Bob Iger and OpenAI CEO Sam Altman join David Faber exclusively to talk about a new content licensing and investment deal between the two companies. Plus, the latest on the Fed decision, Oracle's big plunge, and media investor Mario Gabelli discusses the Warner Bros. Discovery saga.Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Gametime Ticket Offer: $20 off with code "FARZY" at gametime.co The Farzy Show presented by MyBookie Promo: No-strings-attached cash bonus up to $200 Promo Codes: FARZY ..  https://mybookie.website/joinwithFARZYManscaped Offer: 20% off AND Free Shipping with code "Farzy20" at Manscaped.comCopyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.

President Trump announced on Monday that he was signing an executive order to have ONE RULE (his words, not mine) when it comes to artificial intelligence, seeking to suppress the Tenth Amendment rights of states to have their own regulatory framework around, well, every single other industry on the planet. Over the weekend the president said he was concerned about the Netflix purchase of Warner Brothers because “that might give them too big of a market share.”These feigned antitrust/monopolistic concerns and blatant disregard for states' rights in favor of a behemoth federal government control are longstanding beliefs and practices of the New Deal, big government left. They have been anathema to the right for time eternal. These are deeply concerning shifts in both action and philosophy that must be fervently resisted by those who still revere the Constitution and cherish the very concept of economic liberty. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Historian David Kennedy looks at Franklin D. Roosevelt's leadership by exploring how he guided the United States through the twin upheavals of the Great Depression and World War II. Kennedy explains how FDR reshaped federal power, responded to mass economic hardship, and slowly steered a largely isolationist nation toward global responsibility. The discussion highlights the weaknesses of the pre–New Deal government, Roosevelt's innovative (and sometimes improvised) approach to rebuilding institutions, and the ongoing historical debates over what he was trying to achieve and how successful he really was. Overall, the exchange paints FDR as both a bold domestic reformer and a key architect of the postwar international system that defined American leadership for decades.

Keith reviews the state of the real estate market, noting that existing home sales are down about 33% from their 2021 peak, while prices remain firm due to low supply and high demand.  Affordability challenges are driven by stagnant wages, inflation, and higher mortgage rates, with 70% of mortgage holders still locked in at rates below 5%.  He observes that in certain markets, new construction may now offer better investor terms than comparable existing properties, especially where builders buy down rates.  The episode highlights a comparison of nearly a century of asset class returns, reporting real estate's long-term annual appreciation at approximately 4.7%. Episode Page: GetRichEducation.com/583 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com or text 'GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation   Complete episode transcript: Keith Weinhold  0:01   welcome to GRE. I'm your host. Keith Weinhold, how do other audiences feel about the GRE mantras that we've come to love here, like financially free beats debt free and don't get your money to work for you? Then sometimes it's not what you're attracted to in life, but what you're running away from finally comparing the returns from six major asset classes over the past century all today on get rich education    Keith Weinhold  0:29   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com   Corey Coates  1:18   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:34   Welcome to GRE from Kennebunkport, Maine to Bridgeport, Connecticut and across 188 nations worldwide. It is the voice of real estate investing since 2014 I'm Keith Weinhold, and I'm grateful to have you here with me, and we're doing something a little different today, as you'll soon listen in to me as I was on the hot seat being interviewed on another prominent real estate show. But first, when you pull back and ask yourself, why you're really an investor in the first place? There are so many reasons. Maybe you just want a few properties in order to supplement your day job income. Maybe you want to have more than a few so that you can completely replace that active income, or perhaps rather than going the route of building up your cash flow, which is valid, but some think that it's the only way to real estate financial freedom. Instead, you could own, say, nine doors or 22 doors, and even if they all had zero cash flow, you can just keep borrowing against that leverage and equity tax free and live off of that whatever you do when it comes to your day job, income, your degree of disdain for your nine to five job that is going to be greater or less than it is for some others. So your motivation for self improvement, it isn't always about what you're running to in life, which could be real estate investing, but it's also what you're running away from, especially if you don't get a deeply rooted sense of meaning from your job. So you could have both a push factor and a pull factor in what motivates you. There's a scene from the 1999 movie Office Space that just does this incredibly unvarnished job of saying out loud how so many of us feel today. What I'm going to share with you, I mean, you know that you have felt this at least once in your life. Office space wasn't supposed to be a mega hit movie, but it kind of was, because it's so relatable. Let's listen in to part of this clip. This is Ron Livingston playing a disgruntled male employee talking to Jennifer Aniston at a restaurant about his job in the movie Office Space.   Speaker 1  4:09   I don't like my job, and I don't think I'm gonna go anymore. You're just not gonna go. Yeah, won't you get fired? I don't know, but I really don't like it, and I'm not gonna go.   Keith Weinhold  4:24   Then it continues when she asks. So you're just gonna quit? No, not really. I'm just gonna stop going. When did you decide all of that? About an hour ago? Really? Yeah, aren't you going to get another job? I don't think I'd like another job. What are you going to do about money in bills and all that? I've never really liked paying bills. I don't think I'm going to do that either.   Keith Weinhold  4:53   That's it. That is the end of that classic dialog from office space that we can. All relate to you did not wake up to be mediocre, but a lot of people's jobs pummel them into a rather prosaic state. You were born rich because you were born with this abundance of choices, this huge palette in menu, but society often stifles that and makes you forget it, and it gets really easy to just fall into your groove and stay there. The main reason we aren't living our dreams is really because we're living our fears. Failure doesn't actually destroy as many dreams as people think fear and doubt. Does fear and doubt destroy more dreams than failure ever does financial runway? That is a phrase for the amount of time that you can maintain your lifestyle without the need for a paycheck. And it's critical for you to lengthen this runway if you hope to retire early, and it will dramatically reduce your stress level. An example is say that you currently earn 150k per year after taxes, and you spend 126k of that, all right. Well, that means you've got a surplus of 24k a year. Well, it's going to take you a little over five years to accumulate that 126k that you need to annually support your lifestyle. That's what happens if you don't invest. And see investing helps you lengthen your financial runway, that amount of time you can maintain your lifestyle without the need for a paycheck. That's what we're talking about here. Last week I brought you the show from Caesar's Palace in the center of the Las Vegas Strip. So therefore, what I've done is I have gone from the ostentatious and flamboyant over here to the familial and simple as this week I'm in Buffalo New York, broadcasting from a somewhat makeshift GRE studio here, the Buffalo Bills had a home game yesterday, so the city and hotels are busier than usual. Next week, I will bring you the show from upstate Pennsylvania, as I'm traveling to see my family. Let's listen in to me on the hot seat. I was recently a guest on Kevin bups long running real estate investing show. You're going to get to see how I present information and GRE principles for the first time to a different audience. And as I do, you're going to hear me provide new material, but you'll also hear me say quite a few things that I have told you before, even then, the concepts might land differently when I'm explaining them to a new audience. The show is based in Florida, so We'll also touch on the real estate pain and opportunity there. After I'm interviewed, I'm going to come back and tell you about something fascinating. I'm going to compare the returns from six major asset classes over the past century, since 1930 anyway, and that's going to include the first time on the show where I'll tell you real estate's annual appreciation rate over the last entire century. Just about what do you think it is? 8% 5% 3% you're gonna have, perhaps the best answer you've ever had. Here we go.   Kevin Bupp  8:31   Now, guys, I want to welcome back a guest that we've had on. It's been a number of years now. Keith Weinhold, I went back to look at the last episode we had him on. I think it's been about four years. So, you know, four years ago, the world was in the very different state. It was a very different time. And so, you know, thankfully, we're out of the covid era and on to newer and greater things. So for those that don't know Keith, he's the founder of get rich education. He's the host of the popular get rich education podcast. He's a longtime thought leader in the real estate investing space, and like myself. Keith was also born and raised in Pennsylvania. For those that know don't know, I was born and raised in Harrisburg, Pennsylvania, Keith, I believe, a couple hours away from where I was. But Keith has very much a unique perspective on wealth, building debt, and really the housing market as a whole. And today, you know, we'll be diving into everything you know, from why the property itself? This is something that Keith kind of coins, why the property itself is less important than you think, to how the housing crash has already happened in a way that most people don't even realize, to the role inflation and debt play in building long term wealth. And so again, it's been a number of years here, so I'm excited to welcome Keith back here. So my friend, Keith, welcome to the show. It's it's a pleasure to have you back here again, my friend.   Keith Weinhold  9:43   Oh, Kevin, it's good to be here and be in the auspices of another fellow native Pennsylvanian as well.   Kevin Bupp  9:49   That's right, that's right, yeah, no, Pa is rocking and rolling as I think I told you this little, this little tidbit last time everyone, every time I speak with someone from Pennsylvania, they never know this. But I'm going to share this fun fact. Are you already know, Keith. I'm gonna share it with the rest of the listeners here today, Pennsylvania, those that are born and raised there. It's the only state where, if you're from Pennsylvania, you refer to it by its initials, and you assume that everyone else, everywhere else across the country, they know what you're talking about when you say I'm from PA and that's the only state that does that. So I think it's pretty neat.   Keith Weinhold  10:19   That's right. No one else does that. No one else says, I'm from TN, if they're from Memphis, right?   Kevin Bupp  10:24   They don't, they don't. So with that, my friend. So, you know, it's, again, it's been a number of years since we, since we had you last on here, you know, let's start with just, let's back up a little bit. You know, what have you been up to? I mean, what, what have the last few years look like for you? Where have you been spending your time, energy and efforts? Obviously, it's, you know, we've gone through some quite a bit of turmoil over the last five years, and would love to just get an update as to what's going on your life.    Speaker 2  10:48   Well, one of the big words in real estate investing, we all know it, even the person that cuts your hair and cleans your teeth knows it, and that's affordability. You know, really, affordability has been under fire, under pressure. By a lot of measures, we have the worst affordability for home buying since the early 80s, when the Jeffersons was on television. So it's been helping a lot of people deal with that. It's really the effect of three things, general inflation, higher home prices and higher mortgage rates. Really, those three things the crux of the problem. It's not exactly inflation, really. It's the fact that over the long term, wages don't keep up with inflation. And really that's the crux of the affordability problem. So I've been helping people deal with that and put that in perspective, really, Kevin,   Kevin Bupp  11:42   what does that mean for, you know, investment, real estate? I mean, are you still still doing deals? Are you seeing deals still get done by your students? I mean, what? What's your world look like?   Keith Weinhold  11:52    Yeah. I mean, I think you're asking, you know, how many deals are taking place? One way to measure that on a national basis is existing home sales. You know, existing home sales have been down substantially. And when a lot of people hear that, they think, prices, oh no, we're not talking about prices. We're talking about existing home sales. That means sales volume. That means the amount of overall transactions. So to give an idea of a real estate market, a residential one that's become pretty lethargic and not very vibrant, is that sales volume. It had its recent peak of about 6 million home sales back in 2021 I mean, 2021 was crazy, kind of the crux of the pandemic, you know, Kevin, that's when for an open house. You saw cars wrapped around the block for just one open house. Okay, well, that year 2021 there were 6 million existing home sales. Today, we're on pace to do about 4 million, and we also did only about 4 million last year. So if you put that in perspective and think about what that means, prices have stayed stable, but that's a 33% reduction in transactions. So investors, you know, people like you and I, Kevin, we're not as affected by this as some other industries. But think about the mortgage loan industry. If you're doing 33% fewer transactions, think about the hard decisions companies have to make and lay people off. 33% fewer transactions for title companies. It's probably close to 33% fewer transactions for furniture companies as well. So really it's both affordability that's been a problem, and that's led to this relative lethargy, kind of a slow, not very interesting residential real estate market, at least from the transaction perspective, really, really slow.   Kevin Bupp  13:58   But Could, could one not argue, I don't know the data points. Keith, I guess, what did it look like? 2021? Was kind of the peak. I think you'd reference 6 million units a year. Transactionally, what did it look like prior? What, what was, what was a more normal year like? And maybe 2020, wasn't a normal year either, right? Because a lot of folks thought the role was ending for a period of time. You know, 2019 maybe just again, trying to, trying to find maybe a better baseline to use. And then, you know, does, I guess, in my mind, and I don't follow these data points as much as you do, is that maybe 2021, was, you know, somewhat artificial inflation, right? Lots of lots of money pumping into the marketplace. And ultimately, we had to get back to a sense of normalcy at some point in time. And so are we at a at a place of normalcy? Are we still behind the eight ball a little bit?   Keith Weinhold  14:44   We're still behind the eight ball a little bit. 5 million is more of a normal long term number. But yeah, I mean, if we've got 4 million now, that's, you know, 25% less still than 5 million, sort of this long term normalcy rate of existing. Home transactions. And if you're a careful listener, you notice I've been using the word existing that doesn't include new build. So you know, when you the listener out there reading headlines, always look at that closely. We talking about existing? Are we talking about new build? You can learn a lot from that when you introduce new build data that introduces an awful lot of noise. For example, even when we look at prices, sometimes we want to exclude new construction. So why is that? Why do we want to focus on existing a lot? Well, because new build can introduce a lot of aberrations to the market. For example, the size of new build properties has dropped substantially the past few years, again, coming back to the central theme of affordability to help make a home more affordable. So we're not looking at same same when the square footage of a property drops a lot. And also, another thing that's been happening as a response to the lack of affordability is you have more builders building further and further out from a central business district where there are lower land costs for that new build property as well to help meet affordability. So the takeaway is, yeah, we want to be careful when we look at numbers. Are we looking at existing? Are we looking at new? Are we looking at overall properties.   Kevin Bupp  16:22   If you believe that if rates come down, we really is that the is that the lever that has to be pulled in order for that transactional volume to kick back up and, you know, make homes more affordable for the average home buyer,   Keith Weinhold  16:34   yeah, it's certainly going to help. I mean, really lower rates is the most likely significant lever that can help with the affordability crisis. Prices are pretty firm. Home prices are up 2% year over year. It's difficult for home prices to fall. In fact, home prices have only fallen one time substantially since World War Two. A lot of people don't realize that. So home prices are firm. I expect them to stay firm. And then the other lever is if we get a huge surge in wage increases, which I really don't expect anytime soon, unless we have another really big bout of inflation. So to your point, yes, lower mortgage rates like, that's the biggest lever that can help affordability return. And to speak to mortgage rates, Kevin and help put all of this into perspective, including this affordability component, is the fact that today, mortgage rates are low, and that gives a lot of people pause. They're like, What are you talking about? Mortgage rates were 3% even as low as two point some percent, just as recently as 2021 and early 2022 What are you talking about? Like, mortgage rates are 2x to 3x that today we look at a long term perspective when we look at the arc of mortgage rates, instead of in setting up expectations where we think rates could go. And we need to look at a frame of reference. Mortgage rates peaked over 18% in 1981 that's if you had a good credit score and everything on a 30 year fixed rate mortgage. That's what we're talking about here. In fact, Freddie Mac, they're the ones that have the best, most reliable stat set for mortgage rates, and that goes back to 1971 the average mortgage rate since 1971 all the way up to today, through all these presidential administrations you know, Nixon and in the Reagan years, and Clinton and the bushes and Obama, everything You know up to today, from 1971 until today, the average 30 year fixed rate mortgage is 7.7% so that's why I talk about how mortgage rates are, you know, moderate to a little low today. That takes a lot of people back. I don't see any impetus. It's going to get us back to, say, 3% mortgage rates. So some real perspective here.   Kevin Bupp  19:06   Yeah, yeah, no. And, you know, the interesting thing again, you might have data points on this to see, is a lot of the lack, do you feel that a lot of the lack of transactional volume is also related to those folks that have locked in, you know, 3% you know, mortgages, right? Like they're they, why would they sell and ultimately trade into a, maybe a, you know, a, you know, upgrade of a home, but ultimately be paying significantly more than that of what they're paying at the present time, you know, double the cost of capital. Your rates today, 30 year, rates are where the six and a half, 7% range, I don't follow it, but yeah.   Keith Weinhold  19:42   I mean, as of today, 6.3% is is where they're at. But yeah, you have a lot of those homeowners locked in to low rates. I mean, first, if we just pull back and look at the overall homeowner landscape, four in 10 have a paid off property. So just to talk to those about the other. Or 60% that percentage that are mortgage borrowers, among borrowers, 70% still have a mortgage rate under 5% meaning it starts with a four or less. So yeah, you're bringing up astutely Kevin the lock. In effect, people are reluctant to sell and give up that rate to trade it for a higher rate. And here's what's interesting, a lot of people if they couldn't make the payments on their home and say they lost their home, something that actually happened a lot in 2008 when people were locked into in sustainable mortgages because they didn't have good credit and they didn't have good income, the borrower is in good shape today. But even if, for some reason, they couldn't make the payments on their home, and they lost their home and they had to rent. Rents are actually higher in many cases, than what that mortgage principal and interest payment is. Maybe even the mortgage principal interest, taxes and insurance that they pay today are lower than what comparable rent would be, and this helps stabilize the housing market, people are really motivated to make their payments, and they can easily do it when it is so low, speaking to that lock in effect, and we're bringing up another reason now why transaction volume is so low, that lock in effect. So homeowners are in good shape. Their payments are sustainable. They don't want to sell, and they're just staying put. They're staying in place   Kevin Bupp  19:42   tying that all back around. Keith, what does that mean for us real estate investors? I mean, is there still good value out in the marketplace? I mean, is the rent to value ratio still, you know, Is there good opportunity to be had, as far as ROI for an investor that wants to buy into a residential investment or a multifamily investment, or anything related to that of residential housing?   Keith Weinhold  19:42   Well, the deals in the one to four unit space, single family homes up the four Plex buildings, yeah, just are not as good as they used to be. The ratio of rent income to purchase price is lower than it was five years ago. And that's so simple, but that's just really the simplest formula for profitability for a real estate investor, you don't have to look at cap rate or or NOI in the one to four unit space. Let's just look at that ratio of rent income to purchase price. 20 years ago, it was easy to find a full 1% meaning, on a 200k property, you could get $2,000 worth of rent income. That's that 1% ratio. But now oftentimes you've got to find something that's more like seven tenths of 1% that would be a $1,400 rent on a 200k property. So that simple formula, and I love that, the rent income divided by the purchase price when I'm looking at properties, when I'm scrolling or scanning like that's a calculation you can do in your head. It's only if I would see a ratio that appears really good, oh, that I would like drill down and look at that property more closely. So of course, when you have something that is that simple, though, rent income divided by purchase price, there's a lot of things that doesn't tell you. You know, what kind of mortgage interest rate can you get? What kind of property tax Do you pay in that jurisdiction? But really, I love the simplicity. That's it, rent divided by price, but it has been under attack. Now today, I still don't know where you're going to get a better risk adjusted return than you do with a carefully bought income property with a loan. I've always liked fixed interest rate debt the best risk adjusted return anywhere. I really don't know of a better one than with buying real estate, because real estate investors have so many profit centers, five simultaneous profit centers, which few people understand. Yeah.   Kevin Bupp  19:42   So using that, I want to, I want to unpack the the 1% rule a little bit for those that aren't familiar with it. And again, there's a lot of variables there, as you had mentioned, you know, mortgage rate, taxes, insurance and that respective market that you that you're buying in, and so what? What are you really trying to back into when applying that rule? Is there? Is there? Is there a true cash on cash return that you're hoping to achieve, again, assuming all these other variables that we just don't know, what they are at this point, you know? Is there a target range of actual ROI that you're actually looking to achieve when applying that 1% rule?   Keith Weinhold  19:42   No, I'm just looking for any positive cash flow. You know, to your point, yeah, there's nothing like the cash on cash return needs to be at least three and a half percent or something like that. But, yeah, I still like buying a property that's that's greater than a break even. Inflation is probably going to increase your cash flow over time, even if you bought a property that that broke even or just had a trickle of cash flow or a $100 cash flow today, a lot of people don't understand that fact that right there you can't count on it, you shouldn't count on. Getting rent increases. But we all know it generally happens over time at a rate of about 3% a year, but it actually increases your cash flow. If you increase your rent 5% your cash flow can often increase something like 12% why is that? How could that happen? That's because, you know, it's key for the person that was listening closely, you get fixed interest rate debt, so your rent income goes up, your expenses increase, except for that mortgage principal and interest. Inflation can touch it. It's kind of like a mosquito buzzing against a window and always trying to get in. And inflation can't touch that in a way. It's sort of like debt that's an asset in some unusual way, or some play on words, getting that debt so So yes, you can't count on rent increases over time. We know what typically happens, and that's really part of the compelling value proposition of buying income property with a loan. You're sort of leveraging inflation. You're really on the right side of it.   Kevin Bupp  20:08   Are there any particular markets that you feel are ripe for opportunity today where you're spending your focus and energies in?   Keith Weinhold  20:08   Yeah, it's still in high cash flowing markets like Memphis, okay, little rock and a good part of the Midwest and the Midwest still has home prices appreciating faster than the national average as well. So those are some of the areas that I like. Those jurisdictions also tend to have laws, as your listeners might know this already, Kevin, they tend to have laws that benefit the landlord more so than the tenant, where you can get a prompt eviction, but those are still the areas where you do get that high ratio of rent income to purchase price on a single family rental home, you might still find eight tenths of 1% meaning $800 worth of rent for every 100k of property purchase in places exactly like that.   Kevin Bupp  20:08   I was hoping that you tell me 1% rule would is applicable.   Keith Weinhold  20:08   It's pretty rare. You know, if you do see, if you do see a property that has a full 1% rent to purchase price ratio, it could be in a sketchy area, you need to make sure that you can actually get the rent in like you would get a respectful rent paying tenant in there. That's something that we would have to look at more closely.   Kevin Bupp  20:08   Have you explored building new product? Is there an opportunity there getting at a lower basis by building ground up?   Keith Weinhold  19:42   You asked such a smart question. This is actually the first time ever, as long as I've been an active real estate investor, Kevin for more than 20 years where new build purchases for income property make more sense than existing purchases. Why is that? It's because builders know that investors and borrowers are struggling to buy and afford property and make the numbers work. Like you're talking about, that builders are incentivized to buy down your rate. For you, to buy down your mortgage rate, we deal with a lot of providers that buy down your mortgage rate to 5% or less for you, and this is a fixed, long term loan in order to help get the numbers to work. You know, especially where you might see a new build property where the rent to purchase price ratio is less than seven tenths of 1% and it's just like, ah, the numbers wouldn't work paying a higher mortgage rate, but some are willing to buy them down to as little as four and a half. However, if you're looking into buying a new build income producing property, you do want to look at that closely. Who is paying for the discount points to buy down the rate. Is it the builder, or is it you? Because some builders just suggest, hey, you can buy down. You can have your rate bought down. But yeah, the next question is, yeah, okay, who is actually doing the buy down? Yeah.   Keith Weinhold  19:43   I mean, just getting tacked on. I mean, in that instance, I'm assuming that a lot of it's just getting tacked on to the to the back end of the purchase price, or it's being baked into closing costs somewhere somebody is paying for it. More than likely the borrower is paying for it. Paying for it. Is that? Is that? Again, I'm assuming we probably have that here in Florida. Again, I don't really follow the residential market too much, but there's, as you had mentioned, like, kind of on the the outskirts of Tampa, the tertiary, necessary, tertiary, probably more secondary areas. That's where a lot of the builds are happening. Lots of these, you know, planned subdivisions. You know, hundreds and 1000s of homes being put up. And in my understanding, through the grapevine, is I hear that they're, you know, sales volumes is incredibly slow, and a lot of these builders are now offering some creative loan products, again, to what you've just stated there, to attract, not necessarily even just homeowners, but also investors, to come in and buy their product from them. Is, is there a real opportunity there, though? I mean, have you seen investors be able to benefit from buying brand new product at a fair price, with economics at work keeping as a rental?   Keith Weinhold  29:53   I have and Florida has some builders that are almost desperate. I'm a long time investor. Know personally, directly in Florida, income property, Southwest Florida, places like Cape Coral, they have been ground zero for real estate depreciation, a contraction in real estate values year over year of 10% or more in some southwest Florida markets. So like the post pandemic, migration boom is certainly over in Florida. And you know, Kevin, as little as 10 years ago, people used to talk about buy in Florida. It's cheap, it's sunny, cheap and cheerful, like you would sort of hear that sort of thing about Florida real estate. That is no longer true. Florida just is not as cheap as it used to be. It's the same or higher than the national median home price now in Florida. So yes, some builders are rather desperate. The other benefit of buying new build, especially in a place like Florida, where a lot of new building has taken place and the supply actually exceeds the demand here in the short period. You can take advantage of that, not only by getting the rate buy down, but because homeowners insurance premiums are substantially less on new build property, because they're built to today's wind mitigation and other standards than they are existing property. I have a friend that just bought a new Florida duplex through us in Ocala, Florida. That's sort of a central, North Central Florida, on that new build duplex that he paid 400k for. I saw the actual insurance premium, the the rate sheet, $694.06 $694 694 so the benefit of buying new build is you get a lower insurance premium. You get these rate buy down. Sometimes what your builder will buy for you make for you rather and of course, you're probably going to have low maintenance costs for a long time, since it's a new build property, and you get a tenant that is probably going to stay longer than the average duration. They're the first person to ever live there. It's difficult for the tenant to improve their housing situation when they have a new build income property, unless they would go out and buy, and it's a very difficult time to go out and buy. So through that lack of affordability, really, the advantage for a real estate investor is tenants are staying put longer. The average tenancy duration is up because they can't run out and be a first time homebuyer.    Keith Weinhold  32:32   You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom, family investments.com/gre, or send a text. Now it's 1-937-795-8989, yep. Text their freedom coach directly. Again. 1937795898, 77958989   Keith Weinhold  33:44   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally while it's on your mind, start at Ridge lending group.com that's Ridge lending group.com   Todd Drowlette  34:17   this is the star of the A and E show the real estate commission. Todd Rowlett, listen to get rich education with my friend Keith Weinhold, and don't quit your Daydream.   Kevin Bupp  34:38   That even trickles down to the to the space that we're in. We're in the mobile home park space. And while we don't have a lot of rentals inside of our portfolio, most of our residents own their home and they rent the land, but throughout our portfolio, we have roughly 400 units that we own that we have as standardized rentals, and we've noticed that trend as well. Historically. 10 years ago, you. Yeah, we track actually about, I can take it back about eight years, where we actually have data to support this. This claim is that our average renter would stay about 16 months. That was fairly standard. Whereas today it's over, it's nearly three years. At this point in time, the majority are staying nearly three in there's probably, there's some variables in there. You know, eight years ago, we weren't bringing a lot of new product into our communities, whereas a lot of the mobile home parks that we purchased today do have a lot of newer mobile homes in them. So again, to your point, it's, it's a it's a newer home. It's fresh. There might not be the first person that lived there, maybe they're only the second, right? But it's still a very new home. It's only a couple years old. All the appliances are new. It's fresh, you know, it's well insulated, and it's just a high quality product, but, but it's nearly double of what we used to experience and what we used to underwrite. It's, you know, which is, which is interesting. You know, I am, I want to, I want to circle back, you'd mentioned Cape Coral. I've got quite a bit, quite a bit of experience with Cape Coral. This is not the first time that Cape Coral and Port Charlotte in those areas have crashed. I mean, like, they've got quite an interesting history in time, back during the GFC, that area down there took probably one of the biggest hits in most of Florida, while, you know, the rest of Florida got, you know, pounded pretty hard with home values and decreasing home values decreasing rents, Port Charlotte, Cape, coral, in those areas as well. It's just It looks very different down there today. As far as you know, the job basis. I mean, there's a little bit more of a, you know, you know, an economy than what existed maybe 1015, years ago. But I don't know if you know the story of Port Charlotte. Is it some interesting history that you can if you want to spend some time, go on YouTube. There's some documentaries out there about, basically when that area was created. There's a two brothers that, essentially, you know, sold, subdivided and sold swampland and sold the dream to the northeast centers to come down and buy, you know, parcels of land down in Cape Coral, port, Charlotte and in that general area. And it took a lot of time for it develop over the years, but it's a beautiful area down there. But again, I think what happened to your point? A lot of folks during the covid era were wanting to come to Florida. We were fairly free down here. The sun was shining, you know, the Gulf of Mexico was warm, and that was a good value for a lot of folks. You know, the values were driving up there. Was home inventory down there. You got a good bang for your buck back at that point in time. But again, there's not, there's not as much as many amenities and supportive economy there. And then to me, there, like you might find in the Tampa area, or you might find Orlando, or even Ocala cow is a phenomenal market right now. And yeah, oh, Cal is, for those that don't you know you mentioned, you referenced the insurance there, which is, that's a great, that's a great price for that, that policy, you know, 700 bucks, basically, that is inland. For those that don't know the geography here in Florida, that is inland. So you are fairly protected from storms, you know, hurricanes and things of that nature, which crush us here on the on the Gulf Coast. But in any event, I just thought I'd share that there's some good, pretty cool documentaries out there in Port Charlotte, in the whole area down there, but a beautiful part of the country. But just Yeah, it's, it's suffering right now. There's, I think there's, I was looking the other day on Zillow. I just play around and check and see what waterfront home prices are going for. And down there, you can basically get a you can get a canal front home going out to the Gulf of Mexico for about $500,000 which was probably closer to 800,000 during, you know, the the boom era of 2021 2022 So historically, we used to buy properties down there. This is back in 2000 and 345, before the the GFC, we could buy those same properties for 150 and $200,000 waterfront home, waterfront homes, deep water canals going out to the Gulf of Mexico. But when it crashed, some of those homes were selling for $120,000 $100,000 so it's interesting to see how things have come kind of full circle multiple times, not just down there, but in all of Florida as well. Florida is always boom and bust. You know, I think they say that with you know, you could probably speak to that most of these coastal towns, whether it be in Florida, whether it be up the eastern seaboard, the coastal markets are definitely more of a roller coaster ride than the Midwestern markets, where you invest in would you? Would you agree with that?   Keith Weinhold  39:09   Yeah, I would. And yeah, you talk about Florida being a boom and bust, and what you said is certainly true in the shorter term. Back in the global financial crisis, we saw more price blood letting in Florida than we did in other states as well. But over the long term, the long arc, I'm bullish on Florida because of just the obvious constant in migration story. In fact, if you go back to decennial censuses, all the way back to the early 1800s every single decennial census, every 10 years, the population of Florida has rose, and it rises faster than the national average, almost all of those 10 year periods. So yeah, over the long term, I certainly like Florida, but Yeah, you sure can, you know, nitpick over the. Short term, but as little as five years from now. If you bought today, as little as five years from now, I could see someone saying, like, yeah, I bought back five years ago, because we're actually in a in a short term, overbuilt condition, and builders bought down my rate. For me, this could look savvy and this could look wise. So if you're looking for opportunity, new building Florida is definitely something to look into.   Kevin Bupp  40:22    I agree. No, absolutely. Like, the long term, you know, opportunity here in Florida, it's there, you know, it's interesting. We've got the we get these hurricanes every year. Last year was a pretty impactful year, at least here on the on the Gulf side, and the neighborhood I lived in, we got flooded. Luckily, our homes in newer builds built up. But, you know, 70% of the neighbor I lived in had 444, or five feet of seawater. And as did the, you know, the long stretch of the Gulf Coast here, and it was the first time this area has ever this immediate air right where we live, has ever had a it wasn't even a direct hit. It just happened to be a massive storm surge. But it was, you know, catastrophic as far as the damage that it did. And a lot of folks that we knew in our neighborhood here. Have lived here for 1020, 3040, or 50 years, and they had never had any floodwater whatsoever. And and there was two camps where they fell in either one camp where they didn't, they whether they had the money to rebuild or not, didn't matter. Like, mentally, they were never going to end up. They were never going to deal with that again. They were moving away, like they just didn't want to go through the heartache of that again. In the second camp, we're basically, I knew it was going to happen at some point in time. This is the kind of price to live, to pay, a live in paradise and and what ultimately occurred is, you know, you saw homes going up for sale, and in the initial chatter for those that that were impacted, is that, who's going to buy that? You know? You know, they're not going to get hardly anything for it. You know, it's just like, who's going to want to live here now that has been flooded. I said, Just wait. I'll say people have us as human beings, have short term memories. We do and and I can promise you, within a few months, those homes will be gobbled up, some will be knocked down, some will be rebuilt, but inevitably, the prices will come back incredibly strong, and you'll see very limited inventory, at least in desirable markets that are here on the water. And that's exactly that happened. Within six month period of time, prices are back up. You can't get your hands on a flooded property now, or one that had been flooded, right?   Keith Weinhold  42:12   I can believe it. And this is not the way that you want to have a waterfront property when the water inundates you and comes to you, that is not the way to buy waterfront property.   Kevin Bupp  42:23   Yeah, interesting, but, uh, no, Keith has been a fun conversation, my friend. So let's, let's talk about, you know, I like to you'll peek inside your brain if you were going to start all over again, from scratch, you know, you've been at this now, what? How long? Almost two decades. It's been, been quite   Keith Weinhold  42:38   Yes, yes, more than two decades. Is that what you're asking, how would I start, starting from today?   Kevin Bupp  42:47   Yeah, like, what would you do? Where would you focus, what asset type and any particular strategy outside of what you're doing today? You know, where would you focus your time?   Keith Weinhold  42:55   Actually, it is quite a coincidence. The way that I would start all over again in real estate is the way that I did start in real estate. It worked out phenomenally, in a way it makes sense, because if it hadn't worked out phenomenally, you never would have heard of me, and I wouldn't have become this real estate thought leader or whatever, because this is a way, an everyday person with virtually no real estate knowledge and very little money. Can start out, what I did is I made the first ever home of any kind, a four Plex building where I lived in one unit and rented out the other three. This is something very actionable for your for your audience as well, Kevin. Or if maybe you're a listener that has a an adult daughter or son and they want to get started in real estate with a bang without much money, is to buy a four Plex, just like I did. You can use an FHA loan, a three and a half percent down payment. You have to live in one of the units at least 12 months, and at last check, your minimum credit score only needs to be 580 now you will get a lower interest rate if you have a higher credit score. But those are the only three criteria you need. I mean, what a country talk about? The American Dream. You can use that FHA program with a single family home, duplex, triplex or fourplex, that's the formula. That's how I began. Actually ended up living there a little more than three years. But what that did for me was remarkable, and in fact, you know what it taught me? Kevin and every listener can benefit from this. It's paradoxical. A lot of times I say things that you would not expect to hear that make you go, wait what? Whoa, how can that be? Is what it taught me is that I don't want to focus on getting my money to work for me. You probably wouldn't expect to hear that. It's actually a middle class paradigm to say, well, I don't want to work for money. I also want to get my money to work for me. I'm telling. You that that's going to keep you middle class, or worse, that's going to keep you working until old age, and you won't have an outsized life and retirement and options. If you think that the best and highest use of your dollar is getting your money to work for you, it's not what's the paradigm shift if this four Plex building taught me the way I started out, which is still the way that I would start out today, and you probably heard this before, but I'm going to put a new twist on it. Is you want to ethically get other people's money to work for you, and we can be ethical. We can do good in the world. Provide housing that's clean, safe, affordable and functional. Never get called a slumlord that way. You can employ other people's money three ways at the same time, ethically by buying an income property with a loan, like we've been talking about in Florida, or with this fourplex building. How do you do it three ways at the same time, using the bank's money for the loan and leverage, which greatly amplifies your return beyond anything Compound Interest can do. The second of three ways you're ethically employing other people's money is you're using the tenants money to pay for the mortgage and some of the operating expenses on this fourplex. And then the third way you're simultaneously using other people's money is using the government's money for generous tax incentives at scale. So the lesson is that the best and highest use of your dollar is not getting just your money to work for you, it's other people's money, in this case, the banks, the tenants and the governments. That's what you can do. I mean, what an opportunity. A lot of people just don't even know about that FHA program.    Kevin Bupp  46:41   Yeah, I actually, I wasn't, I wasn't aware that it was that low of a down payment key. That's no idea. Three and a half percent, you said, a 550 credit score, believe me, 580 minimum credit.   Keith Weinhold  46:51   And you have to, thirdly, you have to owner occupy a unit for at least 12 months. And hey, I'm not saying it's always easy. You know, you got to think about that. Your neighbors are also your tenants. And I don't know how to fix stuff. I still don't. I'm a terrible handyman, but it's good to learn a little about about human relations. And you know, letting finding a general way to let the tenants know that you have a mortgage to pay every month. I mean, just that alone can can help them ensure timely rent payments. But, and this also doesn't mean every area, or every four Plex building is is good, but, yeah, that's the opportunity. That's how I started. I would totally do it again.   Kevin Bupp  47:27   Can you use that FHA program more than once? Or is that just the one time you know your first, first, first primary home purchase?   Keith Weinhold  47:34   It's generally you can only use one at a time. There are some exceptions, like if you and your job move, like, a certain mile radius away from where you got the first one, but, yeah, generally it's only going to be one at a time. A lot of people don't use it. Don't know about it. In fact, if you have VA benefits, Veterans Administration benefits, you can get a similar program, like I was talking about, but zero down payment, rather than three and a half with an FHA loan. It's a really good, amazingly good opportunity.    Kevin Bupp  48:05   That's incredible. That's incredible. Keith, my friend, I appreciate you coming back going. It's always good to catch up with you. Good to see that you're doing well.   Keith Weinhold  48:17   Oh yeah, a terrific chat there with Kevin. I hope that you like that really. At our core, real estate investors are not day trading. We are decade trading. Now I'm in western New York today, at the other end of the state, NYU compiled some terrific statistics that you want to hear about for nearly the past 100 years. It is the annualized returns of six major asset classes. This spans, the Great Depression, a number of recessions, World War Two, the New Deal, gold standard, abandonment, brendawoods, the Cold War, Civil Rights Movements, oil shocks, Volcker rate hikes, the.com boom and crash, the 911, attacks, the housing bubble, covid, 19, AI revolution and 16 presidencies, all those ups and downs and war and peace and economic booms and economic lows, and now there is going to be a mild tongue in cheek element here, because stats like this drive real estate investors crazy, but this is often how mainstream media portrays asset class comparisons. All right, the six asset classes are stocks, cash, bonds, real estate, gold, and then inflation, which isn't in an asset class, but it's a benchmark. All of these begin from the year 1930 so spanning almost 100 years. Let's take it from the lowest return to the high. Best return the lowest is inflation. And what do you think the CPI inflation rate is averaged over the last 100 years? Any guess at all? You might be surprised. It is 3.2% Yeah, even though the Fed's CPI inflation target has long been 2% it runs hot longer than most people believe. So therefore, today's inflation rate isn't high, it's just normal. The next highest return is cash at 3.3% How did NYU measure that the yield from three months T bills? Next up is bonds. They returned 4.3% that's the 10 year treasury average of the last 100 years. The next highest is real estate at 4.7% that uses the K Shiller Index. Now we're up to the second highest. It is gold at 5.6% and the highest is stocks at 10.3% using the s, p5, 100, and this was all laid out in a brilliant chart that also shows the returns by each decade for all of these asset classes. You'll remember that I shared the chart with you in our newsletter a few weeks ago. Now you are smarter and more informed than the layperson is, you know, but they see this chart and they think, Oh, well, that's it. I've got my answer. Real Estate's 4.7% appreciation loses out to gold's 5.6 and stocks 10.3 and then they go back to watching Love is blind. But of course, rental property owners like us know that we often make five times or more than this 4.7% when we consider all those other income streams and profit centers, leverage, rents, ROA and inflation, profiting on our debt, it's often 25 to 30% total. It's sort of like judging a Ferrari by only measuring its cupholders or something. Now, would stocks 10.3% get adjusted up as well? Yeah, probably a little, because the s and p5 100 currently averages a 1.2% dividend yield, so that might be added on the 4.7% return for real estate. That cites the popular Case Shiller Index. And the way that that index works is that it uses a repeat sales methodology. So what that means is that the Case Shiller measures the sales price of the same property over time. Therefore a property would have to sell at least twice in order to be measured by this popular and widely cited K Shiller Index. So then the 4.7% appreciation figure excludes new build homes, and new builds appreciate more than existing homes, but you do have more existing homes that sell the new build homes, so we can pretty safely assume that real estate's long term appreciation rate is higher, likely between five and 6% there it is. So yeah, making comparisons across asset classes like this is pretty tricky, because investment properties leverage and cash flow gets nullified. And when you make comparisons like this, it's a big reminder that even if you can't get much cash flow off a 20 or 25% down real estate payment, sheesh, most people put a 100% payment into stocks, gold or Bitcoin, and they don't expect any cash flow. And Bitcoin isn't part of what we're looking at for this century long view, because it did not exist until 2009 and also NYU had to use some alternative statistics. Sometimes the s, p5, 100 index only came into being in 1957 and the Case Shiller Index 1987    Keith Weinhold  54:02   next week here on the show, I expect to answer your listener questions from beginner to advanced. You've been writing in with some good ones for the production team here at GRE. That's our sound engineer, Vedran Jampa, who has edited every single GRE podcast episode since 2014 QC in show notes, Brenda Almendariz, video lead, brendawali strategy talamagal, video editor, seroza, KC and producer me, we'll run it back next week for you. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  54:36   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Speaker 2  55:04   The preceding program was brought to you by your home for wealth building, get richeducation.com  

This Day in Legal History: Oliver Wendell Holmes, Sr's Kid Sworn in as JusticeOn December 8, 1902, Oliver Wendell Holmes Jr. was sworn in as an Associate Justice of the U.S. Supreme Court, beginning one of the most storied judicial careers in American history. Appointed by President Theodore Roosevelt, Holmes brought not just legal brilliance but a fierce sense of independence to the bench—qualities that would define his nearly 30-year tenure. He would become known as “The Great Dissenter,” not because he loved conflict, but because he saw the Constitution as a living document that demanded humility, skepticism of dogma, and above all, respect for democratic governance.Holmes shaped modern constitutional law, particularly in his groundbreaking First Amendment opinions. In Schenck v. United States (1919), he famously coined the “clear and present danger” test, establishing a foundational limit on government power to suppress speech. Though that decision upheld a conviction, Holmes's dissent later that year in Abrams v. United States marked his turn toward a much broader vision of free expression—one that laid the groundwork for modern civil liberties jurisprudence.A Civil War veteran wounded at Antietam, Holmes served with the Massachusetts Volunteers and carried shrapnel in his body for the rest of his life. His long memory gave him historical depth: legend holds he met both Abraham Lincoln and John F. Kennedy—Lincoln as a young Union officer in Washington, and JFK decades later when the future president visited the aged Holmes on his 90th birthday. While the Lincoln meeting is plausible and widely accepted, the Kennedy encounter is well documented—photos exist of JFK visiting Holmes in 1932, shortly before the justice's death.Holmes's legal philosophy emphasized restraint, often reminding fellow jurists that the Constitution “is made for people of fundamentally differing views.” He resisted turning the judiciary into a super-legislature, warning against confusing personal preference with constitutional mandate. His opinions, dissents, and aphorisms—“taxes are what we pay for civilized society,” among them—still echo in courtrooms and classrooms today.By the time he retired in 1932 at age 90, Holmes had become an icon: not just a jurist, but a symbol of intellectual honesty and constitutional humility. His December 8 appointment wasn't just another judicial swearing-in—it was the beginning of a philosophical legacy that still defines the boundaries of American legal thought.Amit Agarwal, a former clerk to Justices Alito and Kavanaugh, will soon find himself arguing against the very ideology he once clerked under—defending limits on presidential power in a case that could gut a nearly century-old precedent, Humphrey's Executor v. United States (1935). He'll be representing former FTC Commissioner Rebecca Slaughter, who sued after President Trump gave her the boot, and whose case now tees up a potentially seismic shift in how presidents control independent agencies.At issue is whether the president can remove members of independent commissions—like the FTC—at will, or whether statutory “for cause” protections, created by Congress and upheld since the New Deal, still mean anything. If the Supreme Court overturns Humphrey's Executor, it would blow a hole in the legal framework that has shielded multi-member agencies from raw political interference since Roosevelt tried—and failed—to remake the FTC in his own image.Let's pause here: Humphrey's Executor isn't just some dusty New Deal relic. It drew a sharp line between executive officers who serve the president directly and independent regulators who are supposed to be immune from daily political whims. The Court in 1935 said: no, FDR, you can't just fire an FTC commissioner because he's not singing from your hymnbook. That ruling became the backbone of modern agency independence—from the Fed to the SEC to the NLRB. Without it, the next president could dismiss any regulatory head who doesn't toe the party line. You want crypto rules to mean something? Food safety? Banking supervision? Say goodbye to all that if we pretend these agencies are just White House interns with better titles.But here's where it gets interesting: Agarwal is making the conservative case for restraint. Now working at Protect Democracy, he's arguing that letting presidents fire independent commissioners at will isn't a win for constitutional governance—it's a power grab that warps the original design. He's invoked Burkean conservatism—the idea that practical experience should trump theoretical purity—and warns that blind devotion to the “unitary executive theory” threatens institutional integrity more than it protects separation of powers.And Agarwal isn't alone. A collection of conservative legal scholars, former judges, and ex-White House lawyers—some with deep Federalist Society credentials—have filed briefs supporting his position. Their argument? That Humphrey's Executor is an “originalist” decision, faithful to the Founders' ambivalence about concentrated executive power, especially in domestic administration.Still, let's be honest: the Court is unlikely to be swayed by this internal dissent. The Roberts Court has already chipped away at agency independence in decisions like Seila Law (2020) and Loper Bright (2024), where it let Trump fire the CFPB director and overturned Chevron deference respectively. With a solid conservative majority, and multiple justices openly embracing a muscular vision of presidential control, the writing may already be on the wall.Which is precisely what makes Agarwal's stand so notable. This isn't some progressive legal activist parachuting in from the ACLU (though his wife did work there). This is someone who backed Kavanaugh publicly, donated to Nikki Haley, and spent years rising through the conservative legal pipeline—only to conclude that this version of executive power isn't conservative at all. It's reactionary.So what happens if Humphrey's goes down? Beyond the short-term question of whether Slaughter gets her job back, the bigger issue is how much power presidents will wield over what were supposed to be politically insulated regulatory bodies. Will a ruling in Trump's favor mean future presidents can purge the Fed board? Fire NLRB members mid-term? Flatten the independence of enforcement agencies? The Court may claim it's just restoring “constitutional structure,” but don't be surprised if that structure starts to look a lot like one-man rule.Agarwal, to his credit, is saying: not so fast. Sometimes conserving means preserving. And sometimes defending the Constitution means restraining the people who claim to speak for it the loudest.Ex-Alito, Kavanaugh Clerk Defends Limits on Trump's Firing PowerFight over Trump's power to fire FTC member heads to US Supreme Court | ReutersA federal judge has temporarily barred the Justice Department from using evidence seized from Daniel Richman, a former legal adviser to ex-FBI Director James Comey, in any future attempts to revive criminal charges against Comey. The move comes just weeks after the original case was dismissed due to the lead prosecutor's unlawful appointment.At issue is whether federal prosecutors violated Richman's Fourth Amendment rights by searching his personal computer without a warrant during earlier investigations into media leaks tied to Comey's 2020 congressional testimony. U.S. District Judge Colleen Kollar-Kotelly sided with Richman—for now—saying he's likely to succeed on the merits and ordering the government to isolate and secure the data until at least December 12.The contested materials had been used to support now-dropped charges that Comey made false statements and obstructed Congress regarding FBI leaks about the Clinton and Trump investigations. But Richman, once a special FBI employee himself, argues the search was illegal and wants the files deleted or returned.The Justice Department, undeterred, is reportedly considering a second indictment of Comey. But between shaky prosecutorial appointments and constitutional challenges like this one, their case is rapidly sliding into legally questionable territory.US federal judge temporarily blocks evidence use in dismissed Comey case | ReutersThe U.S. Supreme Court has declined to review a controversial book removal case out of Llano County, Texas, effectively allowing local officials to keep 17 books off public library shelves—titles that deal with race, LGBTQ+ identity, puberty, and even flatulence.The justices let stand a divided 5th Circuit ruling that found no First Amendment violation in the county's decision to pull the books. That decision reversed a lower court order requiring the books be returned and rejected the plaintiffs' argument that library patrons have a constitutional “right to receive information.” The 5th Circuit held that libraries have wide discretion to curate collections, and that removing titles doesn't equate to banning them altogether—people can still buy them online, the court reasoned.The dispute began in 2021 when local officials responded to complaints by residents, ultimately purging books including Maurice Sendak's In the Night Kitchen (due to nude illustrations), as well as works on slavery and gender identity. Opponents of the removal sued, citing free speech violations. But the case now stands as a significant blow to that theory—at least in the 5th Circuit, which covers Texas, Louisiana, and Mississippi.The Supreme Court's refusal to intervene leaves unresolved a key question: does the First Amendment protect not just the right to speak, but the right to access certain information in public institutions? For now, in parts of the South, the answer appears to be no.US Supreme Court turns away appeal of Texas library book ban | Reuters This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

Over the weekend, Netflix announced it was acquiring Warner bros for over 100 billion Australian dollars in a deal that has significant ramifications for the media landscape in Hollywood and beyond. In today’s podcast, we’re going to explain what we know about the deal itself, why everyone is talking about it and what is means for all of us Netflix watchers. Hosts: Zara Seidler and Billi FitzSimonsProducer: Orla Maher Want to support The Daily Aus? That's so kind! The best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. We would be so grateful. The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent. Want more from TDA?Subscribe to The Daily Aus newsletterSubscribe to The Daily Aus’ YouTube Channel Have feedback for us?We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here.See omnystudio.com/listener for privacy information.

What happens when the machinery of war is turned loose on the home front? In this episode of Built to Divide, host Dimitrius Lynch traces how the end of World War II, the GI Bill, and federal housing policy combined to build the largest middle-class expansion in U.S. history—while quietly deepening racial and economic division.Beginning with the surrender in Tokyo Bay and the massive demobilization of Operation Magic Carpet, Lynch follows millions of returning veterans back to a country racing to answer a simple question: Where will they all live? The answer reshaped the nation. FHA and VA loans, the rise of Fannie Mae, and the secondary mortgage market drove homeownership from 43% to nearly 62% by 1960, cementing the single-family house as the centerpiece of the American Dream.But this “great reset” came with a price. Lynch unpacks how zoning laws, redlining, racial covenants, and underwriting standards drew hard lines around who could belong in postwar suburbia. He contrasts the inclusive vision of Case Study Houses and Eichler Homes with the mass-produced segregation of Levittown, where black families were explicitly barred and violence met the first to cross the color line.From John Dean's warning about homeownership “booby traps” to the weaponization of media by business elites like Henry Regnery, this episode reveals how corporate interests used patriotism, racial fear, and Cold War anxiety to roll back New Deal gains and reframe government as the enemy. Along the way, Lynch explores how Fannie Mae's privatization, the birth of American Express credit cards, and the cultural glorification of the nuclear family turned housing into a speculative asset, a consumption engine, and a source of isolation.We end in Roseto, Pennsylvania, where a community's disappearing social bonds literally changed its heart attack rates—proof that how we house ourselves shapes how we live, connect, and survive.If you want to understand how postwar housing policy, suburbanization, zoning, media, and finance fused into a system that still determines who gets stability and who gets left behind, this episode shows how the board was reset—and who it was reset for.Episode Extras - Photos, videos, sources and links to additional content found during research. Episode Credits:Production in collaboration with Gābl MediaWritten & Executive Produced by Dimitrius LynchAudio Engineering and Sound Design by Jeff Alvarez

Georgia quarterback future still in good hands despite Jared Curtis flip. Brent Key 'the best thing to happen' to Georgia Tech and earned payday. Why Falcons must protect Drake London by sitting him vs Seahawks.

Dec. 2, 2025- For a decade state policymakers have been grappling with how to get their bang for their buck from a nearly $1 billion investment in Buffalo. With this story entering a new chapter, we talk with Jimmy Vielkind, a Capitol reporter for Gothamist & WNYC.

Today we're joined by Dr. Stephanie Gray, discussing how the New Deal shaped history through politically driven commemoration and her new book, Restoring America: Historic Preservation and the New Deal. Dr. Gray earned her B.A. in History from Mount Holyoke College and both M.A. in Public History and Ph.D. in U.S. History from the University of South Carolina. Stephanie specializes in public history, historic preservation, and twentieth century U.S. cultural history. At Duquesne, she teaches undergraduate and graduate courses in both traditional and public history, which contribute to the Department's new Public History undergraduate certificate.  As a public historian, Stephanie has worked for the James A. Garfield National Historic Site (a National Park Service unit), the South Carolina State Historic Preservation Office, and the National Trust for Historic Preservation's Main Street America program. Her interest in old buildings and cultural landscapes inform her research and teaching on the built environment.  To purchase: https://www.umasspress.com/9781625348975/restoring-america/  

2/8. The Populist Challenge: Huey Long's Legacy and Eugene Talmadge — David Pietrusza — Roosevelt faced formidable challenges from both the populist left and the conservative South. Although Huey Long (representing the radical Share Our Wealth program) was assassinated in 1935, his political strategy envisioned electing Republicans in 1936 to pave the path for his own presidential bid in 1940. FDR also contended with Eugene Talmadge, a Georgianconservative populist who employed race-baiting rhetoric and opposed New Deal welfare program funding, representing a distinct political threat. 1936 BERLIN

By design –  and also by dint of unbridled, undisciplined extremist exuberance – Donald Trump's second stint in the White House is thus far a tricky thing to characterize. While many of the administration's moves seem copy/pasted from a manual for authoritarian takeover, they're also deeply rooted in longstanding structural democratic deficits in America. For their part, The administration's boosters argue this whiplash-inducing dismantling of institutions, norms and precedents are simply the right's answer to similarly seismic constitutional shifts in the New Deal and Civil Rights eras. In a recent piece in the Boston Review, What Are We Living Through?, law professors Jedediah Britton-Purdy and David Pozen try to puzzle through these conflicting narratives of change. They join Dahlia Lithwick on this week's Amicus to map this moment and to plot paths through it.  Want more Amicus? Join Slate Plus to unlock weekly bonus episodes with exclusive legal analysis. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Amicus show page on Apple Podcasts and Spotify. Or, visit slate.com/amicusplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

By design –  and also by dint of unbridled, undisciplined extremist exuberance – Donald Trump's second stint in the White House is thus far a tricky thing to characterize. While many of the administration's moves seem copy/pasted from a manual for authoritarian takeover, they're also deeply rooted in longstanding structural democratic deficits in America. For their part, The administration's boosters argue this whiplash-inducing dismantling of institutions, norms and precedents are simply the right's answer to similarly seismic constitutional shifts in the New Deal and Civil Rights eras. In a recent piece in the Boston Review, What Are We Living Through?, law professors Jedediah Britton-Purdy and David Pozen try to puzzle through these conflicting narratives of change. They join Dahlia Lithwick on this week's Amicus to map this moment and to plot paths through it.  Want more Amicus? Join Slate Plus to unlock weekly bonus episodes with exclusive legal analysis. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Amicus show page on Apple Podcasts and Spotify. Or, visit slate.com/amicusplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

Lessons from WWII: Unleashing Private Enterprise — Arthur Herman — Herman explores the strategic tension during WWII between New Deal administrators favoring centralized government command and industrialists prioritizing private sector innovation and operational flexibility. FDR and Knudsen learned from the disastrous centralized economic control failures of WWI, choosing instead to permit American private enterprise to "determine production methodologies and develop solutions for urgent national requirements." The fundamental secret to Allied victory was unleashing private sector dynamism, entrepreneurial expertise, and competitive energy. Herman draws contemporary parallels, arguing that modern defense strategy must replicate this model, contrasting bureaucratic NASA operations with innovative private enterprises including SpaceX. 1951 THE DAY THE EARTH STOOD STILL

SHOW 11-28-25 CBS EYE ON THE WORLD WITH JOHN BATCHELOR 1963   The Genius of Early Photography: Nadar, Daguerre, and Dangerous Chemistry — Anika Burgess — Burgess details the risky and adventurous origins of photography as a practical medium. She examines Nadar, a visionary figure who deployed a giant balloon named Léon to fund experiments in heavier-than-air flight, having previously conducted innovative photographic expeditions into Paris's catacombs. Burgess also recounts Daguerre's 1839 presentation of the daguerreotype—a remarkably realistic, singular image created using hazardous chemicals including iodine and mercury, which posed significant occupational and health risks to early practitioners. Early Photography's Scientific Reach: Lunar and Underwater Photography — Anika Burgess — Burgessexplores early photography's critical scientific applications, noting that François Arago predicted the daguerreotype would enable detailed mapping of the lunar surface. Early astrophotographers encountered formidable technical challenges involving distance calculations, celestial motion, and insufficient ambient light. James Nasmyth controversially photographed plaster casts and molds of the lunar surface, which contemporary observers praised as scientifically truthful. Burgess also highlights Louis Boutan, who persistently developed practical underwater photography using pressurized hard-hat diving equipment, establishing a new scientific capability. Photography and Social Justice: Riis, Watkins, and the Question of Truth — Anika Burgess — Burgessdemonstrates how photography became a transformative tool for social advocacy and reform. Jacob Riis, a newspaper journalist documenting Manhattan's tenement poverty, employed flash powder ignited in cast-iron frying pans to photograph the grim, overcrowded interior conditions of slums for his landmark book How the Other Half Lives, frequently without obtaining subject consent. Burgess also discusses Carleton Watkins, who transported over 2,000 pounds of large-format photographic equipment to Yosemite Valley, producing images that proved instrumental in securing federal preservation and protection of the landscape. From X-Rays to Motion Pictures: Expanding the Photographic Medium — Anika Burgess — Burgess traces the expansion of photographic technology beyond conventional image capture. She examines Alice Austin'sintimate and playful photographs documenting her social circle with candid authenticity. The discovery of X-raysby Wilhelm Röntgen was rapidly branded as "the new photography" or "shadow photography," adopted swiftly for both entertainment and medical diagnostic applications despite practitioners possessing no understanding of severe radiation hazards. Burgess concludes with Paul Martin's candid street photography using concealed cameras hidden within top hats and Eadweard Muybridge's sequential motion studies, which directly enabled the invention of motion pictures. Angelica Schuyler: Albany, Elopement, and the Start of the Revolution — Molly Beer — Beer discusses her book Angelica, focusing on Angelica Schuyler Church, daughter of General Philip Schuyler. Her mother, Katherine, oversaw construction of their Albany residence, The Pastures, a substantial estate reflecting family prominence. Angelica received a rigorous education consistent with Dutch cultural traditions emphasizing women's financial and business literacy for family management. In 1777, during Burgoyne's invasion of New York, Angelica profoundly disappointed her mother by eloping with John Carter, an Englishman she found intellectually engaging and cosmopolitan. Angelica and the Founders: The Revolution and the Hamilton Connection — Molly Beer — Beer examines Angelica's pivotal role during the American Revolution, including her service alongside Rochambeau's army, traveling to Yorktown shortly after delivering her third child. Her sister Elizabeth ("Betsy") married Alexander Hamilton, who deliberately married into the prominent Schuyler family to elevate his social standing and political prospects. Following the war, Angelica's eldest son, Philip, founded the town of Angelica in western New York, the community where Beer herself was subsequently raised. Angelica in Europe: John Church, London Society, and Diplomacy — Molly Beer — Following ratification of the peace treaty, Angelica and her husband sailed to Paris to collect outstanding payments owed by the Frenchgovernment. John Carter leveraged the wartime amnesty to settle accumulated debts, reconcile with his estranged family, and legally adopt the name John Barker Church. Angelica relocated to London's elegant Mayfairneighborhood, where she established herself as a prominent American patriot. She strategically positioned herself at the intersection of cultural and diplomatic negotiations, entertaining influential figures including Lafayette and the Adamses, while exerting subtle influence over American diplomatic representatives toward negotiated peace. Angelica's Later Life: Return, Tragedy, and Founding Angelica, NY — Molly Beer — Angelica visited the United States for President Washington's 1789 inauguration but quickly returned to London, disappointed that the nascent republic fell short o Woke Capitalism: Origins, ESG, DEI, and the Power of BlackRock — Charles Gasparino — Gasparinotraces the origins of "woke capitalism," detailing how corporate America shareholder returns toward stakeholder capitalism models. L The Flashpoints of Woke Capitalism: Occupy Wall Street and the SEC — Charles Gasparino — Gasparinoidentifies the 2008 financial crisis and the ensuing progressive populist backlash, including the Occupy Wall Streetencampment at Zuccotti Park, as pivotal flashpoints accelerating corporate woke adoption.... Disney and ESPN: Running a Blue Company in a Red State — Charles Gasparino — Gasparino analyzes the radicalization of the Walt Disney Company, noting that CEO Bob Iger brought progressive cultural affinities while the company.... Go Woke, Go Broke: The Financial Backlash and Corporate Retreat — Charles Gasparino — Gasparinoreports that woke capitalism is experiencing significant financial retrenchment as corporations suffer bottom-line consequences... Freedom's Forge: FDR, WWII Mobilization, and Bill Knudsen — Arthur Herman — Herman discusses his book Freedom's Forge, detailing the extraordinary challenge FDR confronted in May 1940 to prepare America for modern industrial warfare. The preeminent industrialist summoned for this task was Bill Knudsen, CEO of General Motors. Knudsen, a Danish immigrant and former Ford executive, possessed unparalleled expertise in flexible mass production—the capacity to modify production line processes continuously while maintaining output. Knudsen applied these revolutionary manufacturing techniques to transform the American automobile industry into an "Arsenal of Democracy," producing critical war materiel including military trucks and armored tanks. Henry Kaiser: The Builder of Liberty Ships — Arthur Herman — Herman profiles Henry Kaiser, the second transformative figure in Freedom's Forge. Kaiser, a road construction entrepreneur who had previously coordinated monumental infrastructure projects including the Boulder Dam, demonstrated relentless commitment to ambitious thinking and delivery ahead of schedule and under budget constraints. In late 1940, Kaiser persuaded both Britishand American governments to contract him to construct "throwaway freighters"—Liberty ships—despite possessing no prior shipbuilding experience. Between 1941 and 1945, Kaiser successfully built 2,710 Liberty ships, fundamentally enabling Allied logistics and supply operations. The B-29 Superfortress and the Battle of Omaha — Arthur Herman — Herman recounts the genesis of the B-29 Superfortress bomber, conceived after General Hap Arnold consulted with Charles Lindbergh in 1939. The B-29 represented the ultimate expression of air supremacy doctrine, demanding revolutionary technologies including pressurized crew cabins and remote-controlled gun turrets that did not yet exist. Bill Knudsen directed the program, overcoming severe delays and persistent technical deficiencies. Knudsen won the "Battle of Omaha" by insisting that aircraft be extensively modified after assembly to achieve operational flight status, thereby integrating a massive female industrial workforce into B-29 production processes. Lessons from WWII: Unleashing Private Enterprise — Arthur Herman — Herman explores the strategic tension during WWII between New Deal administrators favoring centralized government command and industrialists prioritizing private sector innovation and operational flexibility. FDR and Knudsen learned from the disastrous centralized economic control failures of WWI, choosing instead to permit American private enterprise to "determine production methodologies and develop solutions for urgent national requirements." The fundamental secret to Allied victory was unleashing private sector dynamism, entrepreneurial expertise, and competitive energy. Herman draws contemporary parallels, arguing that modern defense strategy must replicate this model, contrasting bureaucratic NASA operations with innovative private enterprises including SpaceX.

By design –  and also by dint of unbridled, undisciplined extremist exuberance – Donald Trump's second stint in the White House is thus far a tricky thing to characterize. While many of the administration's moves seem copy/pasted from a manual for authoritarian takeover, they're also deeply rooted in longstanding structural democratic deficits in America. For their part, The administration's boosters argue this whiplash-inducing dismantling of institutions, norms and precedents are simply the right's answer to similarly seismic constitutional shifts in the New Deal and Civil Rights eras. In a recent piece in the Boston Review, What Are We Living Through?, law professors Jedediah Britton-Purdy and David Pozen try to puzzle through these conflicting narratives of change. They join Dahlia Lithwick on this week's Amicus to map this moment and to plot paths through it.  Want more Amicus? Join Slate Plus to unlock weekly bonus episodes with exclusive legal analysis. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Amicus show page on Apple Podcasts and Spotify. Or, visit slate.com/amicusplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

Commonwealth Club World Affairs welcomes back Jeffrey Rosen, this time to explore the clashing visions of Hamilton and Jefferson about how to balance liberty and power in a debate that continues to define—and divide—our country. Hamilton pushed for a strong federal government and a powerful executive, while Jefferson championed states' rights and individual liberties. This ongoing tug-of-war has shaped all the pivotal moments in American history, including Abraham Lincoln's fight against slavery and Southern secession, the expansion of federal power under Franklin Roosevelt's New Deal, and Ronald Reagan's and Donald Trump's conservative pushes to attempt to shrink the size of the federal government. Rosen will explain how Hamilton's and Jefferson's disagreement over how to interpret the Constitution has shaped landmark debates in Congress and the Supreme Court about executive power, from John Marshall's early battles with Andrew Jackson to the current divisions among the justices on issues from presidential immunity to control over the administrative state. More than ever, the clash between Hamiltonian and Jeffersonian ideals resonates today in our most urgent national debates over the question of whether modern presidents have been consolidating power and subverting the Constitution—the very threat to American democracy that both Hamilton and Jefferson were determined to avoid. Rosen explores all of this in his new book The Pursuit of Liberty, and he'll join us in-person to offer a compelling history of the opposing forces that have shaped our country since its founding, and the ongoing struggle to define the balance between liberty and power. A Humanities Member-led Forum program. Forums at the Club are organized and run by volunteer programmers who are members of The Commonwealth Club, and they cover a diverse range of topics. Learn more about our Forums. OrganizerGeorge Hammond  Learn more about your ad choices. Visit megaphone.fm/adchoices

   In many ways it was a somber holiday after an Afghan national goes crazy in DC and kills a member of the National Guard and leaves another in serious condition in the hospital.  This all has a very hollow feeling to it as we have allowed our country to become something it shouldn't be.    The Chiefs fall to the Cowboys and refs in Dallas as the playoff picture becomes dire for Kansas City.  This is becoming a season to forget.    And Mizzzou coach Eli Drinkwitz is handed another pile of cash as rumors flew he may be looking at other jobs.  We explain why this is crazy.

Synopsis:  US Labour Leader Sounds Alarm on Government Attacks.  Sara Nelson's urgent call to action for cross-industry worker solidarity and general strikes as a powerful countermeasure against the Trump administration's plans to gut government agencies ending federal contracts is both timely and crucial.  The uncut conversation includes the entire rich and inspiring discussion ringing in at 50minutes.This show is made possible by you! To become a sustaining member go to LauraFlanders.org/donateFull Conversation Release: While our weekly shows are edited to time for broadcast on Public TV and community radio, we offer to our members and podcast subscribers the full uncut conversation. These audio exclusives are made possible thanks to our member supporters.Description [original release date July 2025]: Sara Nelson knows how to leverage worker power — and so do the 55,000 flight attendants she represents. A union member since 1996, she's been the International President of the Association of Flight Attendants-CWA, AFL-CIO since 2014. You may remember her integral role in threatening a strike, which helped pressure the Trump administration to end the 2019 government shutdown. But under the second Trump term, the administration plans to gut many government agencies and has canceled one million contracts for federal workers so far. “We have to understand that if one group is under attack, we're next,” she tells Laura Flanders in this exclusive interview. “So we have to rush to each other's sides.” In this episode, Nelson and Flanders explore labor movement tactics and strategies, wins and losses, and why general strikes and cross-industry worker solidarity are critical in this moment. What is her message and her mission for 2025? All that, plus a commentary from Laura on floods and profits.“We have to understand that if one group is under attack, we're next. So we have to rush to each other's sides. But we can also turn this around and not just be on defense. . . We are in a crisis. Yeah. Our world is burning. We can actually set the agenda and make things better.”Guest:  Sara Nelson: International President of the Association of Flight Attendants- (AFA-CWA) (representing 55,000 Flight Attendants at 20 airlines)  Watch the episode released on YouTube July 18th 5pm ET; PBS World Channel July 20th, and on over 300 public stations across the country (check your listings, or search here via zipcode). Listen: Episode airing on community radio (check here to see if your station airs the show) & available as a podcast July 23rd.Full Episode Notes are located HERE. CHAPTERS:2:44 thoughts on today, forward on your mind: 911, lay-offs, bankruptcy & crisis capitalism, fighting back, immigration issues facing colleagues5:29 How safe is flying today?  Safety:  air traffic controllers, pilots, flight attendants.  Attacks on the industry.  Dismantling of departments that help aviation including national weather service, USAID intersecting with rising pandemics.8:27 What is coming in this moment and the cuts to agencies and a move to privatize the national weather service or air traffic controllers.  An opportunity for the labor movement in this moment.11:22 Sara's origin story and the importance of unions and putting a check on unchecked capitalism.14:00 Union fights for flight attendants including no smoking, weight restrictions, sexism, high heels.  Fighting for ‘rest rules (10 hours of rest)', health care, pay and pensions.  Cross-Union solidarity. Win for the labor movement, FAA Reauthorization bill.19:06 When we fight we win.  Power mapping then and now in the industry.  Labor movement strategy.21:40. The plight of Air Traffic Controllers in the Reagan years then informing the labor movement now.23:14   The New Deal and union power to the decline of unions. Imbalance of power.  The power of organizing on many levels.  Call to action, ‘what you can do'.  Building labor solidarity.29:40 Union's in the Trump era.  Now is the moment to lean in, organize and pushing back.Your not going to win if you don't fight.  Mother Jones and the Colorado miners fight.33:56  Communities rising to the occasion.  Democratic candidate, Zohran Mamdani's run for Mayor of New York City.   Working class agenda and the spirit of solidarity.37:30 General strikes.  History lessons including Iceland's Women's day off. The need for more women and young people to participate in union organizing.41:29  Are there potential allies perhaps like some ICE workers who are expressing moral concerns?  Systems are the problem, not the majority of workers. 44:45 What do you think the future will tell of this moment?49:00 Bonus  RESOURCES:*Recommended book:“The Work of Living: Working People Talk about Their Lives and the Year the World Broke” by Maximillian Alvarez, Get the Book*(*Bookshop is an online bookstore with a mission to financially support local, independent bookstores. The LF Show is an affiliate of bookshop.org and will receive a small commission if you click through and make a purchase.)Related Laura Flanders Show Episodes:• Labor Safety, Project 2025, & the Far Right's Plot Against Workers: What You Need to Know:  Watch / Listen:  Episode• Labor Movement v. Fascism: Worker Organizers & Labor Educators Are Under Attack: Watch / Listen:  Episode• UAW President Shawn Fain: "Workers are still up against the same billionaires": Watch• Special Report- Bernie Sanders & AOC:  “Fighting Oligarchy” with People Power Watch / Listen:  Special Report, Uncut Interview- Bernie Sanders• Watch: Episode, Bernie Sanders' Speech at the Fight Oligarchy rally, Kenosha, WI•  Special Report- Labor Movement v. Fascism:  Worker Organizers & Labor Educators Are Under Attack. Watch / Listen   Related Articles and Resources:•  Is America Pissed Off Enough at Trump and Musk for a General Strike?  By Susan Miligan, April 24, 2025, The New Republic•  In Chicago, a Coalition of Unions, Community Organizers, and Riders Have Forced Uber to Come to the Table, by Will Tanzman and Lori Simmons, July 16, 2025, The Nation•  US aviation agency reinstating fired employees after court order, union says, by David Shepardson, March 17, 2025, Reuters•  Unions sue to stop Trump from ending collective bargaining rights for many federal employees, by Tami Luhby, April 4, 2025, CNN• The Sleeping Giant That could Stop Trump's Agenda in Its Tracks, by Mary Harris, April 25, 2025, SLATE• The Call Is Out for Mass, Simultaneous Strikes in 4 Years, by Sarah Lazare, October 14, 2024, The Nation• How Association of Flight Attendants President Sara Nelson became America's most powerful voice for labor, by Morgan Clendaniel, September 9, 2024, Fast Company Magazine•  Sara Nelson:  Let's Show Bosses They're Lucky to Have Our Work, by Sara Nelson, February 13, 2024, Jacobin Magazine Laura Flanders and Friends Crew: Laura Flanders-Executive Producer, Writer; Sabrina Artel-Supervising Producer; Jeremiah Cothren-Senior Producer; Veronica Delgado-Video Editor, Janet Hernandez-Communications Director; Jeannie Hopper-Audio Director, Podcast & Radio Producer, Audio Editor, Sound Design, Narrator; Sarah Miller-Development Director, Nat Needham-Editor, Graphic Design emeritus; David Neuman-Senior Video Editor, and Rory O'Conner-Senior Consulting Producer. FOLLOW Laura Flanders and FriendsInstagram: https://www.instagram.com/lauraflandersandfriends/Blueky: https://bsky.app/profile/lfandfriends.bsky.socialFacebook: https://www.facebook.com/LauraFlandersAndFriends/Tiktok: https://www.tiktok.com/@lauraflandersandfriendsYouTube: https://www.youtube.com/channel/UCFLRxVeYcB1H7DbuYZQG-lgLinkedin: https://www.linkedin.com/company/lauraflandersandfriendsPatreon: https://www.patreon.com/lauraflandersandfriendsACCESSIBILITY - The broadcast edition of this episode is available with closed captioned by clicking here for our YouTube Channel

The most notorious accused spy of the early Cold War, Alger Hiss, emerged from Lewisburg Penitentiary on 27th November, 1954; calm, composed, and determined to reclaim his reputation. Surrounded by a scrum of journalists, he insisted fear had shaped his conviction, and vowed to vindicate his name. A reserved, cultured “grey man” who had risen through the New Deal, attended the Yalta Conference with Roosevelt, and served as acting Secretary-General at the UN's founding, Hiss's conviction for perjury when accused of Soviet espionage had captured America's attention. Former communist Whitaker Chambers claimed Hiss had been part of an underground network with him in the 1930s, and produced the explosive “pumpkin papers” to prove it: microfilm and typed copies of classified documents that he said Hiss had passed to him, which he'd then stored inside a pumpkin on his farm in Maryland. In this episode, Arion, Rebecca and Olly uncover how a young Richard Nixon was instrumental in Hiss's downfall; discover how support for Hiss among prominent liberals turned the case into an early culture-war flashpoint, fuelling the rise of McCarthyism; and probe into Hiss's red-tinged prison reading list… Further Reading: • ‘Chaos Agent, by Jeff Kisseloff' (Harper's, 2025): https://harpers.org/archive/2025/09/chaos-agent-jeff-kisseloff-rewriting-hisstory-alger-hiss/ • ‘SEQUELS: Ordeal of Living' (TIME, 1954): https://time.com/archive/6885609/sequels-ordeal-of-living/ • Alger Hiss Released From Jail' (British Pathé, 1954): https://www.youtube.com/watch?v=pIII6PLV4LY #Scandal #ColdWar #50s #Legal #Politics  Love the show? Support us!  Join 

The government has U-turned on its manifesto commitment to offer all workers the right to claim unfair dismissal from their first day in a job. Ministers now plan to introduce the right after six months instead, after business groups voiced concerns it would discourage firms from hiring. The government argued it was making the climbdown to stop its employment legislation being delayed in the House of Lords, where it has run into opposition. But Labour MP Andy McDonald, who helped to write the New Deal for Workers on which the legislation is based, told us of his "immense disappointment".Also on the programme: the US Department of Homeland Security says it's reviewing all asylum cases approved under former president Joe Biden after the suspect in the shooting of two National Guard soldiers in Washington DC yesterday was revealed to be an Afghan man who worked alongside the CIA in Afghanistan.And an Oxford University botanical scientist told us of the moment his colleague broke down at the sight of a rare flower blossoming in Indonesia, in a moment that has now gone viral online.

Zohran Mamdani wins the New York City Mayor's race , Marjorie Taylor Green splits from Trump, Schumer and Jefferies punch to their left and Trump wages war on everyone . As the divisions in both major parties begin to crack, we're reposting our 2022 interview with Prof. Noam Chomsky about the dramatic shift to the far right in American politics beginning with the 1972 presidential election. Happy Fall Holidays! -------------Republicans go to war . . . Democrats go to brunch!The past 50 years have seen a dramatic shift to the far-right in American politics.  On the heels of the 1972 McGovern debacle, the Democrats all but abandoned their New Deal heritage and moved swiftly to a stronger pro-business position and embraced Neo-Liberalism.  They abandoned class politics and giving priority to workers and the poor and instead have embraced ID politics and wokeness.  As the Republicans stole elections and Supreme Court seats, gerrymandered congressional districts, packed the courts, and ran scorched-earth campaigns at every level, the Democrats have offered a timid resistance at best.In this fantastic interview, Noam Chomsky gives us a history and analysis of the evolution of the Democrats from the party of FDR to a party that's Republican-Lite.  We discussed the Carter campaign, the Trilateral Commission, the DLC and the Clintons, Obama, Democratic hawkishness, and other factors in the Democratic retreat from progressive ideas, all while the GOP waged an open and ruthless war on workers, non-whites, women, and others.Don't miss this important interview with the world's greatest living intellectual. Bio//Professor Chomsky is an American linguist, political philosopher, social critic and political activist. He is Institute Professor Emeritus in the Department of Linguistics and Philosophy at MIT and Laureate Professor of Linguistics and Haury Chair in the Program in Environment and Social Justice at the University of Arizona. He is the author of scores of books, including American Power and the New Mandarins, Towards a New Cold War, Necessary Illusions, Hegemony or Survival, Failed States: The Abuse of Power and the Assault on Democracy and Requiem for the American Dream. -----------------------------------------

At the dawn of the 20th century, American finance looked modern—telegraphs, syndicates, Wall Street empires—but it had no brakes. In this episode of Built to Divide, host Dimitrius Lynch follows the chain reaction from the Panic of 1907 to the creation of the Federal Reserve, revealing how crises, central banking, and policy choices concentrated power at the top and quietly reshaped who gets to own a home in America.We move from J.P. Morgan locking bankers in his library to stabilize markets, to the secret Jekyll Island meeting that birthed the blueprint for the Fed, to a global financial order built on austerity, gold, and central banks. Lynch unpacks how this shift—from robber barons to central bankers—centralized control over money and credit, setting the stage for a financial system that could either stabilize the economy or supercharge inequality.In parallel, the episode traces a second, brutal story: the clash between slave labor and wage labor, the Civil War, broken promises like Special Field Orders No. 15, Reconstruction, the 13th and 14th Amendments, and the massive land giveaways of the Homestead and Railway Acts that seeded a two-track wealth system. That system was later hardened by Black Codes, Jim Crow, and the rise of the National Association of Realtors, whose restrictive covenants and ethics codes turned racism and class exclusion into standard practice.As Lynch connects the Roaring Twenties, the Great Depression, Hoover's homeownership gospel, and New Deal housing programs—HOLC, FHA, Fannie Mae—listeners see how federal support for mortgages expanded opportunity for some while redlining, racial covenants, and “good neighborhood” ideology locked others out. Housing was transformed into a mass wealth engine built on division.This episode is a deep dive into how central banking, war finance, slavery, segregation, real estate professionalization, and federal housing policy fused into a system where housing isn't just shelter or asset—it's a sorting mechanism. If you want to understand why today's housing market feels rigged, this chapter shows how the rig was built.Episode Extras - Photos, videos, sources and links to additional content found during research. Episode Credits:Production in collaboration with Gābl MediaWritten & Executive Produced by Dimitrius LynchAudio Engineering and Sound Design by Jeff Alvarez

Negotiations continue as a deal for peace in Ukraine takes shape, the surge of new TPUSA chapter requests hits a surprising stonewall, and the Trump Administration reverses a longstanding approach to handling homelessness. Get the facts first with Morning Wire. - - - Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 - - - Today's Sponsors: Chevron - Build a brighter future right here at home. Visit https://Chevron.com/America to discover more. Brickhouse Nutrition - Get 30% off at https://Brickhousesale.com Shopify - Go to https://Shopify.com/morningwire to sign up for your $1-per-month trial period and upgrade your selling today. - - - Privacy Policy: https://www.dailywire.com/privacy morning wire,morning wire podcast,the morning wire podcast,Georgia Howe,John Bickley,daily wire podcast,podcast,news podcast Learn more about your ad choices. Visit podcastchoices.com/adchoices

This week on Hashtag History for our Season Sixteen Finale, we are joined by Emily Glankler of Anti Social Studies. Emily is a historian, podcaster, teacher, and content creator who walks us through Franklin Roosevelt's New Deal and how it shifted the current structure of the two main American political parties. She also speaks to the Southern Strategy and how the roots of that are still relevant in today's political and social climate.Follow Hashtag History on Instagram @hashtaghistory_podcast for all of the pictures mentioned in this episode.Citations for all sources can be located on our website at www.HashtagHistory-Pod.com. You can also check out our website for super cute merch!You can now sponsor a cocktail and get a shout-out on air! Just head to www.buymeacoffee.com/hashtaghistory or head to the Support tab on our website!You can locate us on www.Patreon.com/hashtaghistory where you can donate $1 a month to our Books and Booze Supply. All of your support goes a long ways and we are endlessly grateful! To show our gratitude, all Patreon Supporters receive an automatic 15% OFF all merchandise in our merchandise store, a shoutout on social media, and stickers!THANKS FOR LISTENING!- Rachel and LeahEditor: Alex PerezCopyright: The Hashtag History Podcast

On this episode of SPS, we talk about all things Mamdani -- the new DSA mayor of New York City. Your host Pamela N. sits down with former co-host Laurie R., Platypus president Erin H., and our New York member Benjamin K. -- one of the organizers of the recent Platypus Mamdani panel in NYC. We give our impressions of the Oval Office press conference, after the first Trump and Mamdani meeting, and we digest the discussion by the Left on Mamdani captured in our NYC Mamdani panel. We discuss the history of Sewer Socialism, the Second International, and the Millennial Left's journey towards a "new New Deal." The episode features clips from the panel recording to anchor the conversation for our listeners. The edited transcript of that panel has been published on the Platypus Review's most recent issue, linked below. We encourage our listeners to take a read! Links - Platypus Panel (NYU): "Whither socialism? Mamdani and the Left," with Mitchel Cohen, Melvyn Dubofsky, Daniel Lazare, and Sebastian LM (September 26, 2025, published Nov. 2025) Edited Transcript: https://platypus1917.org/2025/11/01/whither-socialism-mamdani-and-the-left/ Video recording: https://www.youtube.com/watch?v=bRmIkNQB4ME - Mamdani Victory Speech (Nov. 2025) https://youtu.be/_650kn3RpmI?si=IfgevMLTzgJEpDSh - Michael Kinnucan, "How Zohran Mamdani Triumphed Over a Decrepit Establishment" (Nov. 2025) https://jacobin.com/2025/11/mamdani-dsa-democrats-cuomo-socialists - Derek Thompson, "'What Speaks to Me About Abundance': My Full Interview With Zohran Mamdani" (Jun. 2025) https://www.derekthompson.org/p/what-speaks-to-me-about-abundance - "Socialism in one City?" Independent Labor Club of New York event (Sept. 2025) https://x.com/ILCofNYC/status/1964339829446946907?s=20 - "Socialism in Our Time: A Jacobin Conference" (Sept. 2025) https://www.eventbrite.com/e/socialism-in-our-time-a-jacobin-conference-tickets-1485130077039 - Jacobin obituary for David Dinkins, “What David Dinkins Taught Us" (Nov. 2020) https://jacobin.com/2020/11/david-dinkins-mayor-new-york-city-obituary - Daniel Lazare, "Cheering on Trump" (Jan. 2025) http://forum.permanent-revolution.org/2025/01/cheering-on-trump.html - Mamdani Meet the Press Interview (Nov. 23, 2025) https://www.youtube.com/watch?v=6YNwdXW64WA

I've spent this week in Washington DC where most people seem suspicious and sometimes even downright hostile about the future. Especially the supposedly “abundant” AI future being built in Silicon Valley. So where is this abundance going to come from? Some optimists, like The Great Progression's Peter Leyden, believe there's an emerging coalition of smart technocratic elites who will construct a more efficient state to engineer a new progressive era. That Was The Week's Keith Teare, however, is suspicious of this kind of new New Deal, arguing that reform from above is, by definition, flawed. That's all very well. But then, if the future isn't going to be built by a new kind of smart government, then where's it going to come from? The defiantly anti-top-down Teare believes, without much evidence, that it will somehow percolate up from what he calls “the masses”. I'm not so sure. Do we really want to trust our AI future to a vengeful digital mob?1. The Policy Gap is Real – But No One Knows How to Fill It Keith Teare identifies a critical void: while AI and automation may create unprecedented wealth, there's no coherent framework for ensuring that abundance benefits everyone rather than concentrating in the hands of tech monopolists. Both left and right lack a practical manifesto for this transformation.2. Innovation Will Happen – Distribution Won't Keith Teare argues that technological progress and wealth creation are inevitable, driven by curious entrepreneurs and scientists working through the night. What doesn't happen automatically is the flowering of society or the reallocation of resources. That requires something more than market forces alone.3. Government as Currently Constituted Can't Lead This Transformation Despite Peter Leyden's call for “state capacity,” Teare remains deeply skeptical that bureaucratic governments can play a progressive role. He sees them as enemies of innovation, prone to regulation and rule-making rather than enablement. He prefers Trump's hands-off approach to Democratic regulatory instincts.4. The Bottoms-Up Revolution May Be Inevitable When pressed on alternatives to government action, Keith Teare suggests people power rather than state power will drive change. As AI displaces workers, those made unemployed will demand society provide them a living standard – creating pressure for transformation that could be peaceful (as Marx predicted for wealthy America) or disruptive.5. Some Tech Leaders See Beyond Their Own Pockets Contrary to cynicism about Silicon Valley greed, Keith Teare points to Elon Musk's vision of money becoming irrelevant under true abundance and Sam Altman's WorldCoin project as evidence that at least some technologists can imagine distributing wealth beyond their own fortunes. Whether these visions are “childish fancy” or prophetic remains the debate.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

Chas & Guest Pepper Mari Koeck discuss Calvin + Hobbes Diplomacy, The Comey Clown Car Caucus, and Gross Larry Can't Get Horizontal WARNING: This episode of PEP may contain explicit language. Timestamps: 00:00 - Intro 01:26 - Welcome Mari07:46 - Mari's Grateful (Josh Johnson)12:24 - Chas' Grateful (Marie Gluesenkamp Perez) 21:41 - Correspondence (50 Year Mortgages, Pardons, Pelosi) 28:31 - Shutdown Update 36:53 - Ukraine Peace Plan 59:55 - Comey Update 1:21:05 - Epstein Week! 1:38:33 - Epstein (Hungry Like The Wolff) 1:46:07 - Epstein (Wet Hot American (Larry) Summers) 1:56:04 - Epstein (A Bannon Year) 1:58:31 - Epstein (Stacy Plaskett Gives Chas The Shits) 2:26:24 - Epstein (The Ehud Barak Connection) 2:31:01 - Epstein (Releasing The Files) 2:44:51 - Epstein (Correspondence: Tampered Evidence) 2:49:23 - MTG vs Trump 3:16:20 - Goodbyes [Recorded: Friday 21 November 7:40 PM AEST / 21 November 3:40 AM,  US EST] SHOW LINKS: *Chat with the PEPpers on the Discord Server: https://discord.com/invite/WxDD2PPvaW HOMEWORK: * Josh Johnson on Charlie Kirk https://youtu.be/o4ZuXfl4yi8?si=Gk0Moq1KyolIlAp2 * Josh Johnson on Epstein https://www.youtube.com/watch?v=q5M16u2bAeA * That Justice/Security blog Chas likes, Empty Wheel https://www.emptywheel.net/ * That Harvard Crimson article about Gross Larry Summers https://www.thecrimson.com/article/2025/11/17/summers-epstein-wing-man-woman-described-as-mentee/ MORE MARI KOECK: * USSC Briefing Room: https://www.ussc.edu.au/podcasts/ussc-briefing-room * USSC Insider: https://www.ussc.edu.au/about/newsletters

President Donald Trump presented a massive 28-point plan to Russian President Vladimir Putin – will he accept it? The Sekulow team discusses the Trump Administration's proposed peace deal to end the Ukraine-Russia war, Ukrainian President Volodymyr Zelensky's response, U.S. international diplomacy, the ACLJ's legal work – and much more.

Episode Summary:In 2006, award-winning filmmaker and producer Andrea Kalin sat down for an interview with bestselling author and renowned presidential historian Douglas Brinkley. Together, they discussed the social and political landscape of 1930s America, the Great Depression, and how the New Deal employed writers to document that unique moment in U.S. history. Now, for the first time ever, that insightful and inspiring conversation is available for you to enjoy. To hear the full interview, consider joining our Patreon Community at www.patreon.com/c/PeoplesRecorder.For just $5/month, you can have access to extended interviews, exclusive bonus episodes and Ask Me Anything events. Support us on Patreon and help keep these stories coming. Credits: Director and Interviewer: Andrea Kalin Producers: Andrea Kalin, David A. Taylor, James Mirabello Editor: Ethan Oser Featuring Music from Pond5 For additional content, visit www.peoplesrecorder.info or follow us on social media: ‪@peoplesrecorder Hosted on Acast. See acast.com/privacy for more information.

It's the end of an era. Rep. Nancy Pelosi, D-Calif., who counts among her legacies in Congress successfully undercutting the push for Medicare for All, announced last week that she is retiring from Congress. The two-time former speaker of the House made her announcement after Democrats made remarkable gains in nationwide elections, campaigning on affordability and standing up to the Trump administration.“We are in this era where we need new ideas, we need new leaders, we need people who are going to push the party in a new direction,” says Saikat Chakrabarti, who is running to replace Pelosi and represent San Francisco in Congress, making economic inequality and corporate power the focal point of his politics. This week on The Intercept Briefing, host Akela Lacy speaks to Chakrabarti, the co-founder of the progressive outfit Justice Democrats who helped run the primary campaign of one of its first candidates, Rep. Alexandria Ocasio-Cortez, becoming her first chief of staff.Answering Lacy's question as to how he'll get it done, Chakrabarti says, “In the 1930s, we had a really powerful, far right in this country. We were actually seeing Nazi rallies in Madison Square Garden, it was filling the stadium. And the way we defeated that was FDR came in with the New Deal movement. He built this whole new economy and a whole new society that improved people's lives so dramatically, it just killed this idea that you need an authoritarian to do it for you.” FDR “wasn't advocating for going back to a pre-Great Depression era. He was advocating for something new. So that's the way we get it done, and I see some movement towards that.”Chakrabarti has been openly calling for House Minority Leader Hakeem Jeffries, D-N.Y., to be primaried and tells The Intercept that Senate Minority Leader Chuck Schumer should be too, following the end of the longest government shutdown in U.S. history, after eight Democratic senators — none who are up for reelection — joined forces with Republicans to pass a spending package.“My goal, honestly, is to replace a huge part of the Democrat establishment,” says Chakrabarti. “I'm calling for primaries all across the country. ... I think we actually have to get in there and be in a position of power where we can do all that, so it's not going to be this constant compromising with the establishment, trying to figure out how we can push.” He adds, “I tried the pushing strategy — that's what Justice Democrats was: We were trying to elect people to try to push the Democratic Party to do the right thing. It's not going to work. We have to replace them.”Listen to the full conversation of The Intercept Briefing on Apple Podcasts, Spotify, or wherever you listen.You can support our work at theintercept.com/join. Your donation, no matter the amount, makes a real difference. Hosted on Acast. See acast.com/privacy for more information.

In this episode, public school history teacher Gianni Paul joins Breht to trace the historical roots of our current crisis — stagnant wages, mass homelessness, collapsing infrastructure, rising fascism, Gilded Age inequality, and a beaten down working class — back to Reagan's counter-revolution against the New Deal and the forty-year neoliberal project that followed. Together, they explore how neoliberalism emerged out of the crises of the 1970s, Carter's role in laying the groundwork before Reagan, the destruction of unions and working-class power, the ideological weaponization of anti-communism, the bipartisan consolidation of neoliberalism under Clinton, Bush, Obama, Trump, and Biden, the ways Reagan and Trump represent two phases of the same class project, the collapse of the Soviet Union and the rise of capitalist triumphalism, the slow disintegration of America's middle class into debt and precarity, the explosion of homelessness and hopelessness, the erosion of U.S. imperial dominance alongside the emergence of a multipolar world, and why the U.S. repeatedly chooses reaction over social transformation — raising the question of whether genuine change can still emerge from within the imperial core or whether new possibilities are taking shape elsewhere. Understanding this history is key to understanding why everyday life in America feels increasingly unstable, and what futures remain possible beyond neoliberal decay. Follow Gianni and The People's Classroom on Instagram @thepeoplesclassroom315    Check out his full lectures on YouTube HERE ---------------------------------------------------- Support Rev Left and get access to bonus episodes: www.patreon.com/revleftradio Make a one-time donation to Rev Left at BuyMeACoffee.com/revleftradio Follow, Subscribe, & Learn more about Rev Left Radio https://revleftradio.com/  

From College Engagement to Radio Stardom: Ronald Reagan's Ascent to the Hollywood B-List. Max Boot discusses how Ronald Reagan's father, Jack, secured a job as an administrator of welfare for the New Deal in late 1933. Meanwhile, Ronald developed into a successful young football star at Eureka College, where his steady girlfriend was Margaret Cleaver, known as Mugs. They were deeply in love and engaged to be married, but after graduation they separated, and Margaret, following a trip to Europe, fell in love with an American diplomat and returned the engagement ring to a crushed Reagan. Margaret's father, the Reverend Cleaver, was highly influential, acting almost as a surrogate father to Dutch Reagan. Dutch Reagan possessed a magnificent, compelling voice for storytelling and, graduating from college in 1932, recognized that while movie studios were absent from the Midwest, radio stations were plentiful. He landed his first radio job in Davenport, Iowa, and quickly succeeded, transferring to a larger station in Des Moines, where he became a very successful sportscaster known throughout the Midwest as Dutch Reagan, the voice of the Chicago Cubs and the White Sox. In Hollywood, Reagan was recognized as a heroic figure with a consistently sunny disposition and initially started in B-pictures at Warner Brothers. Reagan's movie career generated good income, and he demonstrated responsibility by moving his parents out to Hollywood. He met actress Jane Wyman at the Warner Brothers commissary, and they were married in January 1940.