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www.commsolutionsmn.com- It's that time where one party's nominations go in front of the Senate, and the other party grandstands without any honesty or self-reflection. The Dems have decided that they are going to obstruct and filibuster every single nominee that comes through committee. There are open spots, and in some cases, they create a national security risk. Instead, the head Democrat stands there with an avocado and makes us confused. John Augustine of the Legislative Evaluation Assembly returns to the podcast to tell us all about the last legislative session. It was as terrible as terrible can be, but John goes through all of the carnage with us. There were multiple issues in the last session: The Dems rolled right over the Republicans, sometimes not even allowing them to debate a bill (with only a one vote majority). They also (and Republicans do this too) shove as much legislation as they can into one, bloated bill. This is in violation of the MN constitution, but they do it anyway. Governor Walz has been in office for six years and has vetoed one bill. There have been some awful bills passed. Look at the MN Voters' Rights BIll that gave protected classes the right to seek legal remedies if they feel that election outcomes are disproportionate. They can even go as far as to throw out redistricting changes. The Educational Supplemental bill pushed anti-bullying (which means it's ok to bully perceived the oppressor class), didn't allow for conscientious objectors of vaccines, and the awful, new, woke Social Studies standards. They tried to keep religious exemptions out of the Human Rights Act. There were also some clear constitutional violations, but the MN Supreme Court seemed to take up sides with the Dems as we watched the DFL run a candidate that didn't live in his district and poll workers threw out 20 ballots in another Senate District. What's going on in this state. This podcast is Exhibit A as to why we need to turn over the Legislative, Executive, and Judicial branches here in Minnesota.
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe [DS][CB] are trying to coverup their crimes and push more money laundering. The people see it and are rejecting it. Congress with a very low approval rating decided to give themselves a massive raise while people are struggling in the economy they created that is imploding. Trump is going to use the leverage against the [CB]. The [DS] is trying to protect their criminal syndicate and cover up their crimes. They buried many riders within this massive bill. The people see what they are doing and this is the opposite of what the people wanted. The [DS] firewall will not work. Trump has prepared the Road to 47 playbook to counter the [DS]. This newsletter will bypass the fake news and the corrupt politicians. The clock is ticking down. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/MarioNawfal/status/1869468690808438890 public subsidies, yet Congress is giving them a prime site for billionaire owners to cash in—without asking taxpayers. Lawmakers are calling it “economic development,” but let's be honest: it's a taxpayer-funded playground for NFL elites, lobbyists, and VIPs, while schools, healthcare, and infrastructure are left on the bench. Stuffed into a must-pass bill, there's little time for oversight—or for taxpayers to question why their money is being leveraged for luxury suites and skyboxes. https://twitter.com/elonmusk/status/1869414233483698402 https://twitter.com/KobeissiLetter/status/1869126254336541155 inflation periods ended, the index traded flat on average. The only exceptions where the market rallied were a soft landing in the late 1990s and late 1960s. By comparison, the average gain for all other months has been 0.65%. Inflation is taking the spotlight again. Biden Lied About Everything: Philly Fed Finds All Jobs "Created" In Q2 Were Fake Biden Bureau of Labor Statistics would revise jobs for the April 2023-March 2024 period by "up to 1 million", something which we said would mean that all job report "beats" recorded in the past year will have been misses and the US labor market is in far worse shape than the admin would admit. The final results, as everyone knows by now, was a shocking 818K revision lower, just as the Philadelphia Fed had the Biden admin lie again, but the collapse in the labor market that had been covered up for much of the past year and was only exposed with the annual benchmark revision, extended into the second quarter. "Estimates by the Federal Reserve Bank of Philadelphia indicate that the employment changes from March through June 2024 were significantly different" - read lower - "in 27 states compared with preliminary state estimates from the Bureau of Labor Statistics' (BLS) Current Employment Statistics (CES)", the Philly Fed said on December 12. "According to the early benchmark (EB) estimates conducted by the Phily Fed, employment was lower in 25 states, higher in two states, and lesser changes in the remaining 23 states and the District of Columbia." Translation: 23 states unchanged, 1 revised higher... and 25 lower. By state, the regional Fed bank estimates that largest revision of employment for the nine-month period ended in June will come from California, where it sees a downward revision of 172,700 jobs. Payrolls in Texas may be revised down by 112,100. An extended forecast by the BLS to the third quarter show further declines as well. Translation: in his latest attempt to create an impression of economic growth, Biden lied about everything, again. Source: zerohedge.
In this episode, Dinesh examines the politics of the Omnibus Bill and argues that this is not how representative democracy is supposed to work. Dinesh reveals how Trump can legally fire bureaucrats—even those whose terms have not expired—thanks to a precedent established by Sean Spicer. Texas State Representative Giovanni Capriglione joins Dinesh to discuss his idea for the state of Texas creating a Bitcoin strategic reserve.See omnystudio.com/listener for privacy information.
In this episode of American Potential, host Jeff Crank is joined by Jake Coleman, Minnesota State Director for Americans for Prosperity (AFP), and RaeAnna Lee, the state's Legislation Director, to discuss the tumultuous end to the Minnesota state senate session. The conversation highlights how a last-minute delay by a Democratic Socialist senator led to the rushed passage of a controversial Omnibus Bill, bypassing transparency and public debate. Coleman and Lee critique the Democratic-controlled legislature's focus on consolidating power rather than engaging in bipartisan negotiations, which culminated in a chaotic legislative session marked by poor leadership and a lack of accountability. They also delve into the bizarre and disruptive events surrounding the session, including the absence of a senator involved in a cat burglar incident, and the legislature's failure to pass essential bonding bills. Join us as Coleman and Lee share their perspectives on the critical need for transparency, accountability, and active citizen engagement in holding legislators responsible for their actions. Check out American Potential here: https://americanpotential.com Check out our Spanish episodes here: https://www.youtube.com/playlist?list=PL8wSZydeKZ6uOuFlT_1QQ53L7l6AmC83c Facebook: https://www.facebook.com/AmericanPotentialPodcast Instagram: https://www.instagram.com/americanpotentialpodcast/ X: https://twitter.com/AMPotentialPod
The Massachusetts Legislature is headed to the end of it's session in July. The time is right to contact your legislators to improve the ‘Climate Omnibus' bill-because it is being finalized right now. Listen to hear what policies need to be in the Omnibus and some specifics about how you can help get them there.
Give us about fifteen minutes daily, and we will give you all the local news, sports, weather, and events you can handle. SPONSORS: Many thanks to our sponsors… Annapolis Subaru, the SPCA of Anne Arundel County, Solar Energy Services, and Hospice of the Chesapeake. Today... Three high school seniors receive Dell Scholarships! The local congressional race is heating up, and it looks to be an expensive one! The US Senate race is also hot, and reports suggest it may be one of the most expensive in the country. The local housing market is taking a dip over last year's numbers. And the IRS is holding on to $26 million belonging to Marylanders for unclaimed refunds in 2020, so you have until May 17th to file for it or they send it all to me--that was a little thing Congressman Sarbanes snuck in the Omnibus Bill for me! And up this weekend on the Local Business Spotlight, we speak with Lee Norwood from Annapolis College Consulting! Link to daily news recap newsletter: https://forms.aweber.com/form/87/493412887.htm Back with her weekly Annapolis After Dark is BeeprBuzz. She'll keep you up to speed on all of the fantastic live music we have in the area! And as usual, George from DCMDVA Weather is here with your local weather forecast! Please download their app to keep on top of the local weather scene! DAILY NEWSLETTER LINK: https://forms.aweber.com/form/87/493412887.htm The Eye On Annapolis Daily News Brief is produced every Monday through Friday at 6:00 am and available wherever you get your podcasts and also on our social media platforms--All Annapolis and Eye On Annapolis (FB) and @eyeonannapolis (TW) NOTE: For hearing-impaired subscribers, a full transcript is available on Eye On Annapolis
Hundreds of Minnesota Veterans are expected to march and rally at the State Capitol on Wednesday, Apr. 17 to demonstrate support for Veterans issues being considered by the State Legislature. The DAV of Minnesota is hosting a pre-event luncheon for Veterans at the Cedar Street Armory Wed., April 17 at 11:30 a.m., with a brief program at noon. Veterans will step off from the Armory just before 1 p.m. and march as a group to the State Capitol Building. The rally in the Capitol Rotunda will feature remarks from elected officials and Veteran Organization leaders. Key issues on the agenda include supporting a Veteran-specific Omnibus Bill, increasing property tax relief for disabled Veterans and surviving spouses of deceased Veterans, reducing property taxes for Veteran Service Organization posts, ending Veteran homelessness, and expanding outdoor program benefits for Veterans.
$1.2 Trillion Omnibus Bill with Bipartisan support Why do our politicians keep voting to waste our money? Does TikTok really make our kids less intelligent? What about government schools stifling innovation? Are Illegal Immigrants just undocumented newcomers? Follow the money and you will see who gains, who loses & why the government keeps passing these laws that are bad for most Americans. www.RealPowerFamily.com Info@ClearSkyTrainer.com 833-Be-Do-Have (833-233-6428)
Truth Be Told with Booker Scott – At a time when American families are tightening their belts, sacrificing some of life's necessities, the federal government's omnibus backs right over its downtrodden people. Many are living from paycheck to paycheck. 60% of Americans are paying some of their monthly bills with credit cards, resulting in the highest credit card debt and delinquencies ever. Bidenomics has taken its toll...
032524 1st HR New Movie Tactic More On Bob Dylan Music And Beatles Omnibus Bill Passed by Kate Dalley
032524 2nd HR Omnibus Bill What Is In It You Need To Know Red Herring Kate Middleton Question by Kate Dalley
It's Tuesday, March 19th, A.D. 2024. This is The Worldview in 5 Minutes heard at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson Algerian pastor sent to prison for holding “unauthorized religious meetings” Please pray for Pastor Youssef Ourahmane, Vice President of the Protestant Church of Algeria. He has been sentenced to a year in prison for holding “unauthorized religious meetings.” His appeal will be heard in court on March 26. Algeria, Africa is ranked the 15th most dangerous country worldwide for Christians. Argentinian President Javier Milei blocked by liberal Senate Argentinian President Javier Milei has met more resistance from the nation's Senate. Milei's 300 proposed deregulation reforms packed into the mega-decree bill went down in flames last week by a Senate vote of 42-25. Plus, another set of reforms, referred to as the Omnibus Bill, failed last month to make it through the nation's Senate as well. Senate Leader Schumer vs. Israeli Prime Minister Netanyahu Last week, Chuck Schumer, the Democratic Senate Majority Leader and the highest-ranking Jewish official in America, called for Israel to hold new elections for a new Israeli government, registering his concerns for the “civilian toll” in the ongoing war on the Gaza Strip, reports The Guardian. SCHUMER: “The [Benjamin] Netanyahu Coalition no longer fits the needs of Israel after October 7th. Nobody expects Prime Minister Netanyahu to do the things that must be done to break the cycle of violence, to preserve Israel's credibility on the world stage, and to work towards a two-state solution. “He won't disavow ministers [Finance Minister Bezalel] Smotrich and [National Security Minister Itamar] Ben-Gvir in their calls for Israelis to drive Palestinians out of Gaza and the West Bank. He won't commit to a military operation in Rafah that prioritizes protecting civilian life. He won't engage responsibly in discussions about a day after plan for Gaza and a longer term pathway to peace.” Appearing on Fox News, Israeli Prime Minister Netanyahu ridiculed the idea of a two-state solution. NETANYAHU: “Hamas had a de facto Palestinian state in Gaza. And what did they use it for? To massacre Israelis in the worst savagery that was meted on Jews since the Holocaust. “We just had a vote in the Knesset the other day, 99 against 9. Our Parliament members voted against the attempt to impose on Israel a Palestinian state. The vast majority of the Israeli public understands that a Palestinian state, the way that it's being envisioned, would be an enormous danger to Israel's future.” Netanyahu scoffed at Schumer's assertion that Israel needs to agree now to a minimal military operation against Rafah, a city in the Gaza strip where Hamas' remaining battalions remain. In addition, Israeli Prime Minister Netanyahu responded in an interview with CNN over the weekend, calling Schumer's comments “totally inappropriate.” He reiterated Israel's commitment to “bringing down the Hamas tyranny.” Gen Zers more perverted than Gen X or Baby Boomers Almost one-third of Gen Z women, between the ages of 18 and 26, identify with some form of sexual perversion, according to a recent Gallup survey. Ten percent of men call themselves “LGBTQ” as compared with 28% of women. That's up from just 2 to 3% among the Baby Boom Generation, and 4 to 5% among the Gen X Generation. According to Gallup, “Overall, each younger generation is about twice as likely as the generation that preceded it to identify as LGBTQ+.” The total number of Americans that identify with sexual perversions stands at 7.6%, up from 3.5% in 2012. New Mexico, Oregon, and Nevada have the most homosexuals The Public Religion Research Institute reports that the state with the highest population of people professing to be homosexual live in New Mexico, followed by Oregon and Nevada. Republicans disenfranchised with homosexual agenda The recent PRRI survey has found that Republicans are becoming increasingly disenfranchised with the homosexual agenda. The proportion of Republicans that would bring punitive measures on Christian-owned businesses that refuse service for homosexuals on religious grounds has dropped from 41% to 34% since 2021. Overall, 60% of Americans are still in favor of punitive measures on Christian businesses holding to their values. Matthew 11:20-22 says that “[Jesus] began to rebuke the cities in which most of His mighty works had been done, because they did not repent: 'Woe to you, Chorazin! Woe to you, Bethsaida! For if the mighty works which were done in you had been done in Tyre and Sidon, they would have repented long ago in sackcloth and ashes. But I say to you, it will be more tolerable for Tyre and Sidon in the day of judgment than for you.' ” Homosexual activists win in Florida Homosexual activists are claiming a “major victory” in Florida over a settlement involving the Parental Rights in Education Act signed by Governor Ron DeSantis in 2022. The law prohibited classroom instruction on homosexuality and transgenderism to children 5 through 8 years of age (or kindergarten through third grade). The settlement filed in the 11th Circuit Court of Appeals now will allow it in literature, in classroom discussion, and in teachers identifying same-sex or transgender spouses or partners. The settlement also will allow so-called “Gay-Straight Alliances” for 5 through 8-year-old children, homosexuality in the library books, and third-party lecturers to take up the subject. Surprisingly, 41% of Florida schools have Gay-Straight Alliance clubs. That makes Florida the tenth most pro-homosexual state in the U.S. by this metric. Commercial real estate in hot water Commercial real estate is in big trouble this year. About $1 trillion in mortgage bonds are maturing this year, representing about 20% of the entire market. This comes at a time when the market for commercial real estate tumbled 50% in a single year. As of January 2024, the 30-day delinquency rate has increased 300%, year over year, according to BusinessInsider.com. Scientists discover a star 500 trillion times brighter than our sun And finally, scientists have discovered a quasar which is the brightest luminary in the universe as far as we know, reports European Southern Observatory. Quasar J0529-4351 is said to be 500 trillion times brighter than our sun. That's the brightness of 5,000 galaxies in one quasar, which is 12 billion light years away from our earth. Quasars form at the center of a galaxy, powered by a massive black hole in space. Truly, “The heavens declare the glory of God, and the firmament shows forth His handiwork!” (Psalm 19:1) Close And that's The Worldview on this Tuesday, March 19th in the year of our Lord 2024. Subscribe by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.
Spring 2024 Amplify OT and Healthcare Advocacy Updates2023 was a big year for passing healthcare legislation. A lot of what came through Congress in 2023 is starting to be implemented early in 2024, impacting OT in a big way. That's why this week on The Amplify OT Podcast, I am talking about OT advocacy updates for spring 2024. Join the Amplify OT MembershipAs an exclusive bonus for podcast listeners, you can join the Amplify OT Membership at any time! Join today to take control of your career! It's time to become your own best resource on Medicare and advocacy.In this episode, I cover:With the passing of the 2022 Omnibus Bill, Congress established a new Medicare mental health benefit known as the intensive outpatient program (IOP). With the passing of the Lymphedema Treatment Act in 2022, Medicare Part B will now cover standard and custom-fitted lymphedema compression treatment items for each affected body part for patients with lymphedema.CMS rolled out new Caregiver Training codes that can be used as of January 1, 2024. This is the first time OT practitioners can be reimbursed for services that do not directly involve a service provided directly to the client. In a rare turn of events, CMS is increasing Medicare Part A payments to home health agencies by 0.8% in 2024, equating to $140 million.Home health will see some changes to their quality reporting program and value-based purchasing in addition to the payment increase.OT services paid for under Medicare Part B will face a 3.37% decrease compared to 2023. For 2024, the updated KX Modifier therapy threshold is $2,330 for OT and $2,330 for physical and speech therapy services combined.General supervision of OTAs in private practice was unexpectedly extended until the end of Calendar Year 2024.Aetna is delaying the implementation of the OTA payment differential from December 2023 to March 2024.The Consolidated...
What happens when a government wants to introduce a bill with a variety of unrelated items? It becomes what's called an ,omnibus bill., The current Ontario government introduced just such a bill last week, and we invite Peter Loewen, the director of the U of T's Munk School of Global Affairs and Public Policy, to give us an explainer on the meaning and intent of omnibus bills.See omnystudio.com/listener for privacy information.
Speaker of the House Mike Johnson strikes deal with White House to screw you on spending. Twice as many Americans say they are worse off economically. Biden Aides scold media for falling short on bashing Trump and Nikki Haley has to cancel an event in Iowa because no one showed up.
Mohamed El-Erian, Bloomberg Opinion Columnist, guests hosts the show and says the 'enormous volatility' in the bond market needs to be corrected in order to restore the Fed's credibility. Stephanie Kelton, Stony Brook University Professor of Public Policy & Economics, says the Fed has effectively put fiscal policy on autopilot. Steve Chiavarone, Federated Hermes Head of Multi-Asset Solutions, describes the Fed's policy trajectory as headed for a "rocky landing." Stephen Schork, The Schork Group Principal, says traders have become skeptical about supply levels of oil and jet fuel heading into a major travel season. Jeannette Lowe, Strategas Managing Director of Policy Research, says the meeting between President Biden and Xi Jinping won't change the dynamic between the two countries in a major way. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance Full transcript: This is the Bloomberg Surveillance Podcast. I'm Tom Keene, along with Jonathan Farrell and Lisa Abramowitz. Join us each day for insight from the best an economics, geopolitics, finance and investment. Subscribe to Bloomberg Surveillance on demand on Apple, Spotify and anywhere you get your podcasts, and always on Bloomberg dot Com, the Bloomberg Terminal, and the Bloomberg Business App. Why don't we move on to what doctor Olrium cares Mohammed, We've got to sit on crude, the idea that crude has essentially collapsed into a bear market, down more than twenty percent from the September highs. We spent this week talking about soft lending, hopes and dreams. Do we have to start thinking about an economic downturn in the not too distant future, well some of them. Some people are talking about this. I mean to see oil prices down more than twenty percent from the highs at the time that there's a conflict going on in the Middle East. It's quite quite and that's feeding into the soft landing. And we're going to talk a lot about this. But the market has now fully embraced not just that the fat has finished this hiking cycle, which I think is correct, but that we're going to see deeper and deeper cuts next year without a recession, and that's the critical assumption that's now built in across markets. I want to get the money question out of the way right away. As CEO of a major two million employee company in America called Walmart, yesterday brought up a d word deflation seared into the fabric of Cambridge, Oxford in the London School of Economics as a study a British deflation of the thirties and forties. America has never faced that have they They haven't, and we've had Japan recently. And the problem with deflation is it discourages people from buying today. However, I want to stress the US is deflation in certain products, food being the primary example, and that's why Walmart we decited it. We don't have general deflation, and I doubt we're going to have general deflation. I mean, I look at the an inflation question and it is a vector of disinflation in place. Clearly we see that. What is your optimism of getting back to John Williams two point zero percent? Richard claired is two point x percent. I think Richard is more likely to be right than John. I think we're going to get stuck in the high twos, and the FED is going to have to make a very difficult decision. Does it live with inflation higher than target because the target itself is too low, or alternatively, does it acknowledge that two percent is the right target and then crushes the economy. I think that's the choice the FED is going to have to make. What's your best guess right now? I think it's going to go for the format. I think the FED will understand that pressing two percent inflation in a world where there's insufficient structural supply is not the right thing to do. So where do you think it leaves this bond market? Let's go through this course right now. We've got a two year at the moment at about four eighty, a ten year at about four forty. Think about where we've been in the last month of Summerhammet had a two year pushing five twenty five high set of cycle, ten year through five percent high set of cycle. How are you thinking about what we come back down to, bearing in mind what we're pricing for right cuts next year. I think we've come down too far to tell your truth. I understand why some people think that we're going further, but if you look at the inflation dynamics, that's harder to get unless we go into recession. If we go into a recession, then the stock market is mispriced, so you can't have both at the same time. Has something changed? I think this is what it goes back to. Has something changed post pandemic? That means we don't go back to the pre pandemic world. That debate, I think is still on going. Mohammed, where'd you come down on it? I think the pre pandemic world was exceptional. It was a world of qui. It was a world of insufficient aggregate demand. And when you have insufficient aggregate demand, you can push into the economy as much liquidity as you want because you won't get inflation. That world is gone. We're in a world now of efficient, inflexible supply, and that's a very different world. Sometimes talk about over the two hours with doctor Olian is growth economics. I've been telling a lot of people to remind themselves of a guy named Solo at MIT in nineteen fifty six and the near religious experience of trusting and growth. Can you state that we have a new American growth economics of what some people are indicating is improved productivity, improved efficiency. So you know, I listened carefully to our friend Mike Spence, the Nobel Prize winner, because he spent so much of his career studying studying with John Hicks, I mean correct majesty of that alone, and he is incredible and his insights are really valuable. And his bottom line is that most countries have to evolve to a new growth model. The US is the most advanced in that evolution. I think the three important piece of legislation that the administration passed last year were critical in that perspective. So if you look around the world, whether it is the US, Europe, or China, all three have the challenge of evolving the growth model, and only the US is doing it seriosly right now, too gloomy? We no, Lisa isn't here, so we're not too blooming. No. I think we recognize that the world is evolving. This is a different global economy, this is a different domestic economy, and policies have to evolve accordingly. What worries me and I think the concern of a lot of people listening to this conversation on going at home is you just have to go about forty eight hours and we're talking about disinflation, soft landing, hopes and dreams, and then twenty four hours, forty eight hours later, you look to Burberry a collapse in luxury. You look to Walmart a warning about the US consumer. You look to Crew entering a bear market, and all of a sudden, we're talking about a slowdown and maybe even recession. Mohammed. The bond market is stuck between all of this. We're seeing double digit moves day after day in either direction. You've written about this extensively in the last few months, about a bond market that's lost its anchors. Is an economic slowdown sufficient to regain some stability in fixed incoming treasury specifically? No, I mean I was really struck yesterday. I was watching you when you said, guess what, we had the same level of the tenure as we were a week ago, and my reaction is, how could that be? So I looked it up and you were right. Now. Most people feel that this week is very different from last week because of the inflation print that we've had. We still lack one of the three anchors. You either need an economic anchor, or a policy anchor, or a technical anchor to the bond market, and we've lost all three. So these moves are going to continue. The thing that has really impressed me is that nothing has broken. If you had told me a year ago we're going to see this incredible volatility and the most important market in the world is the benchmark for so much else, and yet nothing will break, I would have said that's impossible. So the resilience of the functioning of the market has really impressed me. The financial system, and of course we had the shock and the United Kingdom off a derivative structure in the pension plans, but to lead to this and measured in standard deviations, which is how fancy people like Alarian think. We had a six seven eighth standard deviation and thereat moderation. There's a hope in prayer we get back to that trend line that's in years. How many years are do you think we heal this great bond tobacco. I think it's going to take time. Remember we've had ten exceptional years where the bond market was distorted, so I must say back to vulgar We've had, you know, thirty exceptional years. But the shift to an artificially low interest rate and ample and predictable injections of liquidity fundamentally changed the bond market and that is going to take time to recover from. Did you and Bill Gross get a free ride because you were within the Great Moderation? Was that such a structural like a free life? But the PIMCO when you build it, you invented it with Bill? Was it? Was it easier because you had the Great Moderation? Or just just think of investor. Investors care about three things, returns, volatility, and correlations. And we went through a period that because liquidity was being injected into the economy over and over again, we got high returns, we got virtually no volatility, and the correlations broke down. But in your favor, you made money on your risky assets and you made money on your risk free acids. At the same time, there was a great time. We took it to be normal, but it was truly exceptional. And we're going back to a world that I think is more like what we had before the Global financial crisis. It's going to be so hard to shake this, Mohammed, because we've got a whole generation, in fact, a couple of generations conditioned by two major shocks, the financial crisis and the pandemic. And we know how the FED response to major shocks. What we've all forgotten is how it responds to just normal economic downturns and upside pressure on inflation. How do we start to get into that all over again? Yeah, And this is where FED credibility and better communication is better. John, It's really striking that the market is willing to take on the FED on a price that the FED controls. The FED totally controls the policy rate, and yet the market does not believe what the FED is is telling us. And it is really striking because we have got to restore FED credibility otherwise we're going to continue with this enormous volatility. Your thoughts on what's percolating into the end of the year in the Q one twenty twenty four. Are there shadows in private equity? Are there shadows in the new non traditional finance? Yeah? So, one thing that I don't think is pricing enough is that when you move from the banking system to the non banks, you change the lags in the system. So you see this with commercial real estate. Everybody recognizes that the re financing of a trillion plus of assets is going to be tricky, but because it's over time, we don't worry about it. Everybody recognizes it as a maturity wall in the corporates out there, but because it's over time, we don't worry about it. If it were all within the banking system, we would have worried about it really quickly. So the move from the banks to the non banks has extended this Michael Spencer's shore. The regulatory lag here is tangible. This is the uncomfortable calm note as well, just to borrow that phrase from a long time ago from the Bank of International Settlements, This maturity wall is out there in twenty twenty five, and it's just this feeling mohammed that we don't have to think about it. But at some point we have to start thinking about it, don't we, right? But you know what, you enjoyed the journey before you get to a destination. Oh, here we go, and you want to give us some good news bad news, bradmos out here, No, no, I totally understand, you know, because momentum is really important, and you want to be exposed to this market. And I think most people have much more of a tactical mindset than they do of a strategic or structural mindset, and investment has become very tactical. Mohammed's set in the Town's great to have you with us, by the way, it is without questions, through the pandemic and literally over the last five years she has had a greater influence on the debate of our American economics and anyone out there. Out of Sacramento, Cambridge and a tour of duty at the very liberal New School of Social Research, Stephanie Kelton joins us now from Stonybrook University. The book is a deficit myth. In the three letters, are MMT professor honored to have you on Bloomberg's surveillance? Are we unraveled? Stephanie? The worry here of the annual interest expense the return of a real interest rate? Are we unraveling as we roll into twenty twenty four? No, I mean we are. The Fed is effectively in a sense, putting fiscal policy, a big part of the federal government's budget on autopilot. And it's really tantamount to running, you know, a pretty regressive fiscal stimulus. That's what the rate hikes are actually doing. If we don't like it, Tom, there's a pretty easy way out of it, which is to say, if the rate high are pushing up the amount of money the federal government is spending to service the debt, interest expenditure up by hundreds of billions and trillions of dollars over time, remittances from the Fed to the treasury have collapsed. All of this is adding to the deficit, which triggers more issuance of treasuries, which puts you in what is essentially just a cycle now of higher rates, higher deficits, higher debt, and it will continue for as long as the Federal Reserve holds in this position with a deficit. The debt and the deficit is from the new school Heilbrunner and Bernstein classically talked about years ago. But the arch MMT criticism is, you're handing monetary decision making from the acuity and date driven data dependency of a FED over to the legislative branch. Can we trust the legislative branch to prosecute MMT given where we are right now? Well, okay, I'm glad you mentioned hal Brunner. He was a professor of mine when I was there in a really terrifically bright person Tom. MMT is a description of the monetary system that we have today. It is a floating exchange rate fiat currency. Love it or hate it, it's what we have. MMT describes the monetary system that we have and the mechanics of government finance. It's not a policy proposal. It doesn't propose changing anything. It's describing how things already work. So think about what Congress did with the onset of the pandemic, drafting first the Cares Act that two point two trillion and then the big Omnibus Bill, a nine hundred billion dollar package, and then the Democrats came in and did their one point nine trillion dollar American Rescue Plan Act. All of that was deficit spending. We didn't give Congress any new permission to do anything. We just described how it all works. And it helps to unders stand why Congress was able to muster that kind of fiscal firepower when so many economists had previously said that when the next crisis came, we would be unable to act. People like Larry Summers said because of the Republican tax cuts in twenty seventeen, that we would be living on a shoe string for decades to come. Those were his words. That we wouldn't have the ability to spend money because of the deficits, because of the debt. That was wrong. Congress has the power of the purse. MMT recognizes that, and MMT says, listen, this is an extraordinary power they have. They need to use it responsibly, and that means thinking before you move forward with bold spending programs about the inflation risk that's associated with those spending proposals. And that's the piece that was missing. The one thing you didn't mention in you know, my tour of going through my education and so forth, was the time I spent in the US Senate as the chief economist for the Demomocrats. And I'll just say very quickly and i'll stop that. When I was in the Senate, my great frustration was being surrounded by members of the Senate on both the Republican and the Democratic side, who were drafting bills trillion dollars of infrastructure, talking about medicare for all and all these other things without ever mentioning inflation risk, I couldn't believe it. So MMT would have us do things very differently when it comes to the way we approach the federal budgeting process. It's inflation that you have to watch for, Stephanie, it's Mike McKee. If wishes were horses, then beggars would ride. The idea that Congress is going to think about anything before these start passing bills is probably not going to happen. So I'm wondering, after all this is there a limit in the sense that at some point we aren't going to be able to respond fiscally, for one reason or another, to some sort of crisis because all the money is going into debt payment instead of instead of going into additional spending, and the way we're set up now, we got to pay those bills. Okay, So two things I'll say. One, I've been hearing this my entire life. You'll remember that Chairman Volker had into straights up pretty high. And meanwhile, you know Ronald Reagan did two massive tax cuts and massively built up the military. So again, if Congress has the will to pass legislation, the votes are there, the money is there, and I'll just say I don't think it's right to say, actually that we can't trust Congress to rein it in. Remember, the so called Inflation Reduction Act was Congress's effort to say, listen, we don't want to continue passing legislation given the inflationary environment. So we want to get revenues up, we want to control costs. We're going to negotiate prescription drug prices. That was all Congress taking, you know, careful steps. I think are you would you suggest, Stephanie, whether it's a Republican or Democratic, to houses that we can have budget responsibility. Do you see displayed budget responsibility in the modern Congress and Senate? Well, Tom, what I'm saying is that if we were doing things the way I'd like to see them done, instead of handing proposed spending bills to let's say, the Congressional Budget Office and saying, give me feedback on this legislation I have drafted. Tell me if it's going to increase the deficit, tell me whether it adds to the debt. I don't think that is the most important feedback. I think it would be much better to have CBO and or other agencies evaluate proposed legislation on the basis of inflation risk. But we don't do it that way, right, So I think that that would put us much closer to having a Congress that operates with fiscal responsibility, i e. Inflation risk at the heart of what it is. Okay, can you and say a critic of yours, John Cochrane, the great conservative economists, Can you and John Cochrane get on the same page and say we need a Simpson Bulls reducts where in the initiation of that panel we actually demand that we get something done. No? Uh, sorry, sorry, but no is the answer to the question. You would have to first convince me that there is some sort of looming crisis that necessitates the formulation of a fiscal commission. And I don't believe that we are facing that kind of crisis. Inflation is coming down. So if you approach things the way I do, which is to say, you know, are we at risk? Is the budget posing and inflation problem, then let's get at it and let's figure out what adjustments need to be made to ensure that we aren't putting ourselves at risk of trenched inflation well above the Fed's target. I don't think that's the future facing fascinating and controversial Professor Calton. Thank you so much, Stephanie Calton. I can't say enough about how refreshing to any and all her book. The deficit myth is she is at Stonybrook and you know her from the phrase MMT right now with us and Mohammedalarian with us is a great thrill today. He is at Queen's College in Cambridge and he's interested in the asset allocation of their endowment. That's the campus that Steve chiveron had a multi Asset Solutions that federated him as Steve. This is a lonely bull market. How do you reallocate into the end of the year. Well, you had to get ahead of it a little bit. We were adding over the course of the summer when it was uncomfortable on the idea that markets like FED pauses and they price in soft landings even if a soft landing doesn't materialize, because when the FED pauses, invariably it's on suspicion they've gone too far, not on confirmation. And so the data that's available to you is a FED that's no longer hiking and an unemployment rate that's still low, and that's been the case throughout history and it's the case today. And so finally, with the bond market having broken, we're getting that FED pause rally and that can be powerful, Tom. You know, historically those are nine month events, and you can see the equity market up fifteen twenty percent. And interestingly enough, and this is something that's been on our mind, the equity market has hit an all time high each of the last five times that the FED has paused. Now four of those ended in tiers, but it still happened either way, and we think this rally has legs. I think the jury on whether or not, you know, how soft this landing is next year, is still very much out or for the time being, we think this rally continues. Steve, what are you looking at to determine this whole macro question of has the FED not just paused, but it's going to stop cutting and kind to do so within a soft What are the key variables you look at. We're calling them the five Games of Chicken, and it's that corporate refinancing wall. You're going to have about sixty percent of corporate debt come due between twenty four and twenty eight, So what percentage of that is going to face materially higher rates, and what does that do to company earnings? That's number one. Number two for small businesses, they've already seen their debt repriced because it's variable rate bank debt. So how many quarters of high rates can they survive? On the consumer negative or I'm sorry, real income growth is finally turned positive, But how positive does it get? And does it allow a consumer to de lever again, rebuild savings and continue to spend eight hundred and seventy seven billion dollars of bank deposit outflow? What does that do to restrict lending? And then what percentage of the federal debt, a third of which becomes due this year reprices to a significantly higher rate. Those five things we think, if they were to all go perfectly, you'd get this immaculate soft landing. I think that's unlike we think what's more likely is a kind of rocky landing where inflation stays stuck at three rates, stay hi, there's some slow down, and it's a kind of malaise. It's a single digit equity environment with a real risk that something breaks and you get into a classic recession. So it's really between that rocky landing and then a kind of a classic recession break that we think is most likely to happen. We're in the rocky landing camp at least for now. And what do you say to those who say, of your five factors, it's one in five. It's all about supply. It's all about who's going to buy all the supply. I think that's big. But where I would focus more acutely is on the nexus between banks and small businesses. The banks. Again, if there's eight hundred and seventy billion dollars less of deposits, that's eight hundred and seventy seven billion less of loans that can be made. And small businesses are reliant on that, and they're not facing a maturity wall. They've already seen it, and so if something's going to break, we would look there. So we're spending a lot of time focused there. It also has a bias towards larger cap companies within our asset allocation. Steve, let's get to the quote that shook up this market in the last twenty four hours. TK talked about it at the start of the program. It came from the Walmart CEO. We may be managing through a period of deflation in the months to come. Steve, when you heard those words yesterday, what was your response. I think the word deflation is probably a little strong, But I do think that there could be a lot more disinflation than what we've what we're expecting. If you look at the areas of the economy where you've seen disinflation so far, it's goods prices, it's food prices, its energy prices, It's a lot of stuff that quite frankly, can be explained by COVID normalization. Big interest rate sensitive purchases have not really seen the big deflation that you'd expect r. I mean, home prices are still relatively buoyant. Go and try to buy a car. It's not exactly a value exercise these days. And so I think as the rate heights filter through the economy, there is more disinflation in the pipeline, and I think you could see a at some point in twenty four go very quickly from worrying primarily about inflation to worrying very much about growth and the employment markets. And that could switch on a dime. And it's something that keeps us in a kind of humble position. Well states is the same true for investors just to jump in. You mentioned that as a federal reserve can make that switch. I just wonder how quickly investor start to make that switch, and whether we can get some divergence between what's happening with bonds and what's happening with stocks. I think what you do is you pull up some charts and you look at them. Historically, you know, unemployment takes stares down and elevators up. The equity market takes stairs up and elevators down. Particularly if you are headed towards a recession. You don't gradually shift your view in the late part of a cycle. It happens very, very swiftly, and that's why as an investor you have to prepare for that. You start to lengthen duration, you start to upgrade the quality of your equities. We like companies right now that have strong balance sheets, strong cash flow generation, low external financing, and you move in that direction so that if it does move on a dime, which historically it does, you know you're you're not left out in the coal stave. What if I get you thoughts, it's going to catch up. Have a good weekend, my stave Chevron the Federated terms, Stephen Schory, So principle of the short group saves us. Now, oil disinflation, Stephen, how does New York Harbor adjust to oil deflation? All the little idy busy things jet fuel, diesel, distillate, how do they adjust as collapse in oil. Yeah, it's a really interesting question, Tom. We're trying to figure it out as we speak right now. When you look at the spread action between gasoline on the flub with curb and inventories, seemingly there is enough oil power, enough gasoline in your harbor. The neok Carver just want to point out is important because that is the delivery hub for the mercantiles, diesel and gasoline contracts. Now, when we look at overall supplies relative to demand, we're looking at about twenty four days worth of supply of gasoline. Now. That is normal, That is spot on to the five year average, and it's slightly above a year ago. The problem now is that traders are skeptical. They are pricing in a premium on the front end of the curve, which is a clear signal that someone out there is concerned about these supplies, regardless of the fact that we do have all of this space worth to supply? The other big issue here is jet fuel. Right now, we don't have enough jet fuel stocks are extremely low and as we look forward to next week, we expect this or I should say Triple A expects us to be one of the busiest travel seasons for Thanksgiving of the past twenty odd years. So when we look at the rising demand, when we look at the spread action, something here is afoot. It doesn't line up that the spreads are saying one thing, ie, there's not enough supply, regardless of what we're actually seeing in a weekly inventory reports from the EIA. So Stephen, the SANDI is a frustrated with the price section, as you can imagine. I just wonder if they're frustrated enough to change policy again, do you think they are? It's really interesting and it is really conundrum that, to be honest, I am perplexed that the market never really priced in any sort of risk premium with regard to what is happening now in the Middle East. And let's be clear on this. This is a war not between Israel and Hamas, but it is effectively a war between Israel and Iran. Given that we're fighting that is to say, Israel's fighting Amas has Blah and the Huti's all backed by Iran. Now that is a pretty scary proposition with Iran's ability to halt the flow of oil coming out of the Persian go free straight her moves. So yes, there clearly is a head scratcher here that we have this huge risk on supply, but the market refuses the price that in regardless, we're focusing now on the demand picture. And yes, if you're Sali Radio, if hey, if you're a Texas and you are trying to produce and you're looking at this price action, yeah you are frustrated at this point. But I want to say here, based on our modeling, we're likely at the bottom of the market right now, given this situation around the globe and the inbalance now between supply and demand. So, Stephen, do you think that the Saudis will weight this out or do you think the Saudis will be on the phone to the Russians and any other ORPAC plus member that's willing to participate in another cut in production. Yeah, I do think that there is a concern that we'll see further cuts Already the Saudis, Russia, have extended their cuts of volunteer cuts to the end of the year. We've seen now in oil prices, unlike the product prices, we've seen an absolute collapse in the front end of the curve. So we've now actually on the noomics. We've moved into a situation called contango, meaning that prices for nearer term delivery are now below that of prices for longer term delivery. So this is a clear takeaway that right now from an oil standpoint, fundamentals are extremely weak, and I would suspect that we'll see the chances are going into the quarter OPEC plus either extending the cuts or increasing those cuts into the new year. Steven Shark over the arc of Bloomberg surveillance twenty years. One of the great shocks has been America's success with hydrocarbons into the new year. Are we energy independent? No, not at this point. Now. I want to point out that we were energy independent a few years ago. In keeping in mind, energy independence does not mean we do not have to import a BTU from anywhere around the world. We wore a fluid trader in the world. We wore the dominant krudeoil producer in the world, and we wore the swing producer. That is so for all intents and purposes, we wore an energy independent when it comes to hydrocarbons, and that is just a shout out to how well how efficient the industry has grown over the past fifteen to twenty years. But given current policy right now, no, we're not energy independent and going into the new year, big risk is that we are playing a zero sum game. That is to say that we are taking off dispatchable BTUs natural gas, nukes, coal faster than we can replace them renewables. That's not opinion, that is fact. The regulators are telling the government this is so, and yet the government is still going ahead enforcing these retirements where we don't have enough power. So everyone out there get used to this and get ready. There's going to be a huge jump in volatility over the next two years, a huge jump in pricing for electricity and for other alternative BTUs because we're quite not ready for the transition that the government is forced in upon the industry. Stephen with a big one is Stephen Schork at the Short Group. A lot of happy talk this week. Jeanette low Strtigas wrang in on this meeting between Biden and Jain, saying this the meeting does not change the trajectory of US Chinese relations. Tom the US will continue to push for de risking or decoupling with China in order to protect this national security interest, and China will continue to push to develop a multi polar world against US interest. Janet Low there join us now from strtigis MS Lord, Jeannette. I look at where we are, and of course the major question is what's the next step. What is the next step. Should we look for President Biden to visit China. Yeah, that's probably, to somewhat extent unlikely. I think maybe if we look back at last year, we had a meeting between Biden and She in November of twenty twenty two, and you know, not much occurred out of that. After that, a couple months later, we had that spy balloon flying over Montana, which then ruptured relations again. So I don't necessarily think that there's going to be a lot more steps moving forward. It was also very interesting to have the Defense Secretary at the exact same time in the Philippines talking about continued coordination while this APEC and the Biden She summit was happening in San Francisco. So I think this is going to be about trying to lower the temperature, trying to make sure we have continued communications. As you guys have mentioned, having she he wanted to he's having some domestic issues. This is also a good opportunity for him to kind of have a reset. But ultimately, I think that the two sides are going to continue on their trajectories and this is not going to change the overall path. What it is going to do is just make things a little bit easier in the short term. We have an election coming up in the US. We don't want to continue tensions with the China. But at the same time, if Biden was to be too conciliatory towards China, we have a whole lot of hawks in Congress who would then pounce him on that. So Janetta, I very much agree with your analysis. Can you take it one step further? How easy is it to de risk without decoupling? Right? And I think that this is part of the issue too. I mean, you have the US has been trying to make strides to de risk from China, but it's going to take quite a bit of time. Obviously, We're quite reliant on China for supply chains, for critical minerals, for a whole host of things, and so it's going to be very difficult to actually move those pieces away. And so I think that trend is in place and you're going to see it continue over the next couple of years. But that also means that to some extent, you almost need a daytunt at the highest level so that you can build these pieces out from the bottom and ultimately get to that de risking. I don't think decoupling is probably where the ultimate goal is, but it is really about trying to protect US national security interests and making sure there is reduced dependency on China. And I do think that you are seeing that you regardless of the fact that you have to make choices between how you align with US and China, there is an effort or there is a realization across the globe that having too much dependency on China is not a good thing either. And from Chrona's perspective, de risking involves building little pipes around the US at the core of the system. How far can they go into building basically an alternative global system. So this is obviously something that they have been working on, and they would like to continue to accelerate that. I think the one thing that is important is I think the fact that the US is not doing this alone is important that they will actually be more successful and actually trying to at least move supply chains. China is still going to be involved, China is still going to try to work with their partners in Asia to get around some of those pieces. But the other thing is that is if you look at China trying to build this multipolar world, they have been doing that over the course of a couple of years. They're trying to obviously move away from the US dollar, They're trying to get other countries to do the same. But if you are looking at China also being in a place of having economic weakness, that also is not necessarily conducive to them actually being the leader of that movement. So there's a lot of things that have to be worked out on both sides to actually reach their ultimately ultimate goal. And I think that's why we're going to kind of see a I don't want us to use the term muddle through, but kind of a muddle through scenario where they continue down their path but there is obviously some need to be conciliatory in the interim quickly, here Jin ed and I've been guilty of this all week. I have failed and taken my eye off Ukraine, Ukraine in this cold December. What will that debate, that study look like. Right, So this is the US does not have a lot of military aid left to provide to Ukraine at the moment unless Congress appropriates more funding. And so the spring offensive has not necessarily produced the results that the both sides were looking for. We're going into the winter, which makes it more difficult for there to be progress on the battlefield. Think that you will see an effort in Congress to try to come back from a Thanksgiving holiday and pass Biden's National Security Supplemental, which would provide aid for Ukraine as well as Israel and Taiwan and the border. But that is something that they still are trying to find a solution on. They need to figure out whether or not they can add border policy changes in order to get Republican support for that bill. But if we don't get aid to Ukraine over the next couple of weeks, there is probably going to be a strong hole put into Ukraine's defenses because they really do need more money. You obviously have Europe also supporting them, but Europe has been struggling to get some aid packages passed, some munitions given to them as well, so it's it's been put on the back burner. But I think you might start to see more discussion over over the next month in Congress. At least this is a fine We're going to seek out it to the new year. Jeanette low A shatigas Jeanette, thank you. Subscribe to the Bloomberg Surveillance podcast on Apple, Spotify and anywhere else you get your podcasts. Listen live every weekday starting at seven am Easter. I'm Bloomberg dot Com, the iHeartRadio app, tune In, and the Bloomberg Business app. You can watch us live on Bloomberg Television and always I'm the Bloomberg Terminal. Thanks for listening. I'm Tom Keen, and this is BloombergSee omnystudio.com/listener for privacy information.
www.commsolutionsmn.com- Our fantastic legislature passed a 1% increase in the sales tax this year that just took effect. This pushes Minneapolis' sales tax up over 9% and St. Paul is almost at 10%! Of course, the DFL wants to claim that this increase is "for the kids", yet the kids never seem to be any better off. Our taxes keep going up, and it's getting harder to keep up with the increases. Part of this money is set aside for "affordable housing" and the rest is for transportation. They want to build affordable homes, rental units, and provide rental assistance. It's part of the $0.50 tax on deliveries and pegs the gas tax to inflation. As if that wasn't enough, Golden Valley wants to go over and above that to implement another 1.25% sales tax (along with further bonding) to go toward public buildings because they haven't saved a single red cent. If the sales tax isn't approved by voters, Golden Valley says they will find another way to make you pay it. The cost for these projects is $190 million over 30 years, but inflation will push that number. Just for a comparison, Hudson, WI has a 5.5% sales tax. Pretty sweet, huh? We also discuss the removal of (former) Speaker of the House of Representatives, Kevin McCarthy. There's a lot of ideas going around regarding who should be next. We set the Republicans straight. Have you checked out our Spotify playlist? At the beginning of each episode, Jason quotes some song lyrics that have to do with the subject matter of the podcast. Andrew never knows what they are, but now he can… and so can you! We've launched the Spotify playlist: “Community Solutions Music From the Podcast!” You can listen to Roundabout from Yes after listing to Episode 30 on Roundabouts… or kick back and enjoy a rocking playlist just for the thrill of it. We add a new song every week. Subscribe and enjoy! Don't forget that you can also subscribe to our podcast on iTunes, Google Play, and Spotify!
On today's episode, Jessica hosts Dr. Michael Blakey, National Endowment for the Humanities Professor of Anthropology, Africana Studies, American Studies and Founding Director of the Institute for Historical Biology at the College of William and Mary and the Co-Chair of the American Anthropological Association's Commission for the Ethical Treatment of Human Remains. Dr. Blakey carries us on his lifetime journey in the field of Anthropology, including his childhood looking for archaeological artifacts, serving as the Scientific Director of New York City's colonial African Burial Ground archaeological site, and the development of NAGPRA. He focuses on the ethics and best practices of working with human remains, especially the importance of empowered descendant communities and serving them as the ethical client of any project.TranscriptsFor rough transcripts of this episode go to https://www.archpodnet.com/heritagevoices/74Links Heritage Voices on the APN AAA Commission for the Ethical Treatment of Human Remains: Walking the ancestors home: On the Road to an Ethical Human Biology Article African Burial Ground Archaeology Reports African American Burial Grounds Preservation Act passed via the Omnibus Bill in December 2022 UPenn Report on the handling of human remains from the 1985 MOVE tragedy: Florida blocks high school African American studies class (Article): Engaging Descendant Communities in the Interpretation of Slavery at Museums and Historic Sites: A Rubric of Best Practices Social policy, economics, and demographic change in Nanticoke-Moor ethnohistory (1988 Article in American Journal of Physical Anthropology 75(4))Contact Jessica Jessica@livingheritageanthropology.org @livingheritageA @LivingHeritageResearchCouncilArchPodNet APN Website: https://www.archpodnet.com Tee Public Store APN on Instagram: https://www.instagram.com/archpodnetAffiliates Motion Motley Fool Save $110 off the full list price of Stock Advisor for your first year, go to https://zen.ai/apnfool and start your investing journey today! *$110 discount off of $199 per year list price. Membership will renew annually at the then current list price.
There are many ways to make a career engaging with competition law. Guest Mark Meador, Deputy Chief Counsel for Antitrust and Competition Policy to Senator Mike Lee, has forged a unique path working on and off the Hill. What exactly does antitrust counsel to a United States Senator do? Mark discusses the various functions of the Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights and his own work. Listen to this episode to hear his unique perspective on working with competition law and policy. With special guest: Mark Meador, Deputy Chief Counsel for Antitrust and Competition Policy to Senator Mike Lee Related Links: Senate Judiciary subcommittees landing page Senator Lee press Hosted by: Christina Ma and Matt Michaloski
Join the Club https://SimplePassiveCashflow.com/club to get access to our deal flow and book a free strategy call with Lane.-Land conservation refers to protecting natural areas, biodiversity, and ecosystems for the long-term benefit of humans and the environment. Conservation easements are a tool used to preserve land for future generations. The New Omnibus Bill impacts conservation easements by increasing tax incentives for landowners who choose to conserve their land through easements. In addition, it encourages private landowners to participate in land conservation efforts and helps protect critical natural resources. Hosted on Acast. See acast.com/privacy for more information.
With new legislation in the 2023 Omnibus Bill (signed into law 12/29/22), extending many 1135 PHE waivers through 2024, there are also some scaled-back rules that healthcare professionals will need to know, and not assume are still in effect, as you report 2023 services. Remember to always read the fine print before moving forward. Too […] The post Top 10 Tuesday Q&A – Fine Print of the Omnibus Bill appeared first on Terry Fletcher Consulting, Inc..
Last month, Congress passed a $1.65 trillion government funding bill that provides record allocations for defense and sends more emergency aid to Ukraine. The bill passed by a 225-201 vote in the House, largely along party lines, after passing the Senate 68-29, with the support of 18 Senate Republicans, including minority leader Mitch McConnell (R-KY). The bill is a massive, 4,100-page piece of legislation that does not only pertain to funding, but also implements new laws. You can read today's podcast here, today's “Under the Radar” story here, and today's “Have a nice day” story here. Today's clickables: Quick Hits (2:06), Today's Story (3:41), Left's Take (10:54), Right's Take (15:26), Isaac's Take (19:59), Under the Radar (24:12), Numbers (25:13), Have A Nice Day (25:57). You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Our podcast is written by Isaac Saul and edited by Zosha Warpeha. Music for the podcast was produced by Diet 75. Our newsletter is edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle's social media manager Magdalena Bokowa, who also created our logo. --- Send in a voice message: https://anchor.fm/tanglenews/message Support this podcast: https://anchor.fm/tanglenews/support
REP. STEVE KING, Author, Walking Through the Fire, Former U.S. Representative, Iowa, District 4 Who are the "Terrific Twenty" in Congress? Kevin McCarthy's opposition of various conservatives who ran for Congress What will Kevin McCarthy's role as Speaker of the House look like? BILL WALTON, Host, The Bill Walton Show What was passed in the recent "Omnibus Bill"? The problem of defending American financial interests against the threats from China The CCP's crackdown of tech billionaires in China MATTHEW TYRMAND, Polish-American Investigative Journalist An update on Brazil's recent presidential election How the judicial branch in Brazil has taken over the country
Dr. Jake discusses the anti-Constitutional corruption of Congress in both Parties and with the character of the American people.
Hour 1 of the Thursday edition of The Armstrong & Getty Show includes the evolving Idaho Murders story, the problem of having too many touchstones, the Omnibus Bill and a new exercise fad. See omnystudio.com/listener for privacy information.
Pork Has Returned to Washington in Full force in this Omnibus Bill
In this episode, Hugh Hewitt is joined by Arkansas Senator Tom Cotton to discuss the pros and cons of the Omnibus Bill.
December 27th, 2022. It's Tuesday, and we are back from Christmas Vacation! Today we talked about the Biden Family going to St. Croix, the Omnibus Bill, we played How Dumb Are They, heard Hannah's Hottie Topics, and Jay and Mark battled it out in American Trivia Warrior!
Sen. Ron Johnson - Senate passed an omnibus bill over objections. by John Catsimatidis
Guest host Justin Barclay Discusses the insane omnibus bill, update on the Kari Lake trial and FTX CEO Sam Bankman-Fried release from jail. Rep. Bill Huizenga joins the show to discuss what is inside this crazy omnibus bill and what we can expect. Nick & Sarah Natale join the show to talk about their wedding venue business being shut down and being canceled, because they didn't allow a LGBTQ+ wedding to take place in their venue. Father Dwight Longenecker joins the show to give over his insight into why we celebrate Christmas and the origins of its history. Learn more about your ad choices. Visit megaphone.fm/adchoices
Editors' Picks:Rich: MBD's piece "Too Much Zelensky Talk, Not Enough about American Interests"MBD: Armond's review "Martin McDonagh's Brutalizing The Banshees of Inisherin"Maddy: Phil's piece "The $1.7 Trillion Omnibus Is a Scandal"Phil: Andy's piece "The January 6 Committee's Final Act: Pointless Criminal Referrals of Trump"Light Items:Rich: Not seeing AvatarMaddy: A visit from SantaMBD: Christmas cardsPhil: Planes, Trains, and AutomobilesSponsors:FIREActon UnwindThis podcast was edited and produced by Sarah Colleen Schutte.
The 1.7 trillion dollar spending bill passed the Senate today and Joe breaks down the pork that he says is in it - and lists the 18 Republicans who voted for it! Plus, what is up with Democrats filling up committees in the Texas Legislature?
Is our economy here to serve average Americans, or are we here to serve those who own and control most of the money flowing through our economy? Also Professor Richard Wolff explains the (so-called) bipartisan retirement proposals of the new omnibus bill. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Episode 2393: Voting On The Spending For The Corrupt Omnibus Bill
In this episode Carl argues that the Republican Party cannot get on to the business of WINNING elections and SAVING the country from the Left until Sen. Mitch McConnell LOSES his seat. Carl contends that McConnell is willing to stab the House GOP in the back by signing onto the $1.7T Omnibus spending bill, knowing that it will neuter any leverage the GOP has over the Biden Administration because he's more interested in getting back at Trump and his supporters than he is of slowing down Biden's agenda. Carl believes Mitch's support for the Omnibus bill is really a struggle for who will control the GOP, him or Trump. More: www.TheCarljacksonshow.com Facebook: https://www.facebook.com/carljacksonradio Twitter: https://twitter.com/carljacksonshow Parler: https://parler.com/carljacksonshow http://www.TheCarlJacksonPodcast.comSee omnystudio.com/listener for privacy information.
Thursday, December 22, 2022 Today, in the Hot Notes: Trump's handpicked IRS Commissioner failed to audit his taxes for years until the House Ways and Means Committee started asking questions; the January 6th Committee has released transcripts of multiple witnesses; Zelenskyy meets with Biden at the White House; the Omnibus Bill will include Electoral Count Act Reform; Elon Musk will step down as Twitter CEO; an informant warned the FBI about violence on 1/6 weeks before it happened; Judge Middlebrooks strikes again; plus Allison and Dana deliver your Good News. Follow the Podcast on Apple: https://apple.co/3XNx7ck Check out other MSW Media podcasts https://mswmedia.com/shows/ Follow AG and Dana on Twitter: Dr. Allison Gill https://twitter.com/allisongill https://twitter.com/MuellerSheWrote https://twitter.com/dailybeanspod Dana Goldberg https://twitter.com/DGComedy Have some good news, a confession, a correction, or a case for Beans Court? https://www.dailybeanspod.com/confessional/ Listener Survey: http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=short Want to support the show and get it ad-free and early? https://dailybeans.supercast.tech Or https://patreon.com/thedailybeans Or subscribe on Apple Podcasts https://apple.co/3UKzKt0 Learn more about your ad choices. Visit megaphone.fm/adchoices
The Rich Zeoli Show- Hour 3: Dr. E.J. Antoni—Research Fellow for Regional Economics in the Center for Data Analysis at The Heritage Foundation—joins The Rich Zeoli Show to break down the most egregious earmarks (and there are many) in the $1.7 trillion omnibus bill passed by the U.S. Senate. On Wednesday, U.S. President Joe Biden held a joint press conference with Ukrainian President Volodymyr Zelenskyy. Biden has promised to supply Ukraine with a $1.86 billion security assistance package. During the press conference, Biden emphasized the package would include defensive weapons only. Listeners weigh-in on funding war between Ukraine and Russia—what's the limit? And what's our end goal?
Brian Kilmeade Brigit Mahoney Sean Reyes Kat Timpf Learn more about your ad choices. Visit megaphone.fm/adchoices
Episode 2389: Stopping The Egregious Spending Of The Omnibus Bill
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Three million tax payer dollars are set to go towards bee-friendly highways if the Omnibus Bill is passed. Funny, last time Grace checked, bees can't drive! Grace provides the highlights within the multi-thousand page omnibus bill that she's confident no one has read in full. Then, Grace opens the floor for the most controversial Christmas argument of all time: white lights or lights of color?
Congress is set to pass the Omnibus Bill that will fund highways catering to bees and museums for everyone in the LGBTQIAA+ community. Howie and Grace discuss other parts of the ridiculous, all-encompassing bill, like renaming post offices. Very important stuff, here. Then, Zelenskyy meets with Biden wearing cargo pants to ask for more of our taxpayer dollars.
Howie is joined by John Hinderaker of Powerline Blog to discuss how today's federal interest rates compare to those of the latter half of previous presidential terms like Obama's. They talk the wild omnibus bill spending that make the two nostalgic for the days of marginal tax rate talk. Then, tune in for their takes on "racist" voter ID, a fantasy coined by Eric Holder.
On today's Daily Signal Top News, we break down: Ukrainian President Volodymr Zelensky visit with President Joe Biden and is speaking to CongressThe continued debate on the omnibus spending billThe White House weighs in on Title 42 Elon Musk's hunt for a new Twitter CEO Hosted on Acast. See acast.com/privacy for more information.
As opposition to Washington's Ukraine blank check mounts, Senate Majority Leader Chuck Schumer has signaled that the next huge check - nearly $38 billion - will be conveniently hidden in a year-end, must-pass omnibus bill. It's a way to keep the gravy train flowing while sparing Members the inconvenience of having to face voters. Also today...White House to send more troops into Ukraine. What could go wrong?
What are the only occasions when it's acceptable for a man to cry? Is talking about the tenure of Speaker Nancy Pelosi one of those times? Tune in for a misty moment from John Boehner and Grace's takes on the bipartisan omnibus bill that promises to be very expensive.
The Rich Zeoli- Hour 2: The Wall Street Journal's editorial board is warning that Democrats are seeking to “stuff all 12 of Congress's annual, overdue spending bills into a giant ‘omnibus' to finance government through September 2023” prior to losing control of the House of Representatives. House Democrats have selected Congressman Hakeem Jeffries to become the next House Minority Leader. He will become the first Black leader in Congress, according to The Guardian. After being elected to the position, Rep. Jeffries referred to Nancy Pelosi as a “Speaker for the ages.” Rep. Alexandria Ocasio Cortez' fiancé took to Instagram to explain how to be less racist. While appearing on Alex Jones' show, rapper Kanye West made numerous, horrifying anti-Semitic comments. Howard Husock—Senior Fellow in Domestic Policy Studies at the American Enterprise Institute & Author of “The Poor Side of Town and Why We Need It”—joins The Rich Zeoli Show to talk about his most recent opinion editorial in The Wall Street Journal, “The Environmental Battle Writ Small: Leaf-Blower.” Read more at: https://www.wsj.com/articles/the-environmental-battle-writ-small-leaf-blower-wars-eco-hysteria-noise-affluent-municipalities-carbon-preferences-11669666011?mod=opinion_lead_pos7
President Biden quietly signed a $1.5 trillion omnibus spending bill this week. It funds a lot of different programs, but what three are our indicators of the week?
In today's episode, Andy and the crew a joined in the studio by Carlos Reyes. They discuss openly transgender government official Rachel Levin being nominated as one of USA Today's Women of the year, Congress giving its staffers a 21% pay raise with the Omnibus Bill, and the US sending a warning to China to not assist Russia with the invasion of Ukraine.