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On this Bonus Bang, friend of the show Jason Mantzoukas joins Scott to celebrate the 800th episode of Comedy Bang! Bang! Jason and Scott chat about Tron, their paper route jobs, and Grogu parody songs. Then, royal watcher Byron Denniston returns to talk about King Charles III's upcoming coronation. Plus, Lord Andrew Lloyd Webber returns to talk about writing a song for the coronation. Originally aired March 12, 2023. Don't forget to check out the Comedy Bang! Bang! Action Figures at shop.figurecollections.com and go to actionfigureseller.com for international purchases. If you want more great episodes of Comedy Bang! Bang! become a subscriber at comedybangbangworld.com. We have all of the past episodes from the archives, every live show, ad-free new episodes, and original shows like CBB Presents and Scott Hasn't Seen. Find more great Comedy Bang! Bang! merch at https://www.podswag.com/collections/comedy-bang-bang Get access to all the podcasts you love, music channels and radio shows with the SiriusXM App! Get 3 months free using this show link: https://siriusxm.com/cbb Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
In the first hour of the show, Laurence Holmes & Matt Spiegel discuss Bears Head Coach Ben Johnson & General Manager Ryan Poles closing the book on the 2025 season today at Halas Hall.
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Laurence & Spiegs discuss the fact that the Bears are led by Head Coach Ben Johnson after he talked before Ryan Poles today at Halas Hall.
Last time we spoke about the climax of the battle of Lake Khasan. In August, the Lake Khasan region became a tense theater of combat as Soviet and Japanese forces clashed around Changkufeng and Hill 52. The Soviets pushed a multi-front offensive, bolstered by artillery, tanks, and air power, yet the Japanese defenders held firm, aided by engineers, machine guns, and heavy guns. By the ninth and tenth, a stubborn Japanese resilience kept Hill 52 and Changkufeng in Japanese hands, though the price was steep and the field was littered with the costs of battle. Diplomatically, both sides aimed to confine the fighting and avoid a larger war. Negotiations trudged on, culminating in a tentative cease-fire draft for August eleventh: a halt to hostilities, positions to be held as of midnight on the tenth, and the creation of a border-demarcation commission. Moscow pressed for a neutral umpire; Tokyo resisted, accepting a Japanese participant but rejecting a neutral referee. The cease-fire was imperfect, with miscommunications and differing interpretations persisting. #185 Operation Hainan Welcome to the Fall and Rise of China Podcast, I am your dutiful host Craig Watson. But, before we start I want to also remind you this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Perhaps you want to learn more about the history of Asia? Kings and Generals have an assortment of episodes on history of asia and much more so go give them a look over on Youtube. So please subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry for some more history related content, over on my channel, the Pacific War Channel where I cover the history of China and Japan from the 19th century until the end of the Pacific War. After what seemed like a lifetime over in the northern border between the USSR and Japan, today we are returning to the Second Sino-Japanese War. Now I thought it might be a bit jarring to dive into it, so let me do a brief summary of where we are at, in the year of 1939. As the calendar turned to 1939, the Second Sino-Japanese War, which had erupted in July 1937 with the Marco Polo Bridge Incident and escalated into full-scale conflict, had evolved into a protracted quagmire for the Empire of Japan. What began as a swift campaign to subjugate the Republic of China under Chiang Kai-shek had, by the close of 1938, transformed into a war of attrition. Japanese forces, under the command of generals like Shunroku Hata and Yasuji Okamura, had achieved stunning territorial gains: the fall of Shanghai in November 1937 after a brutal three-month battle that cost over 200,000 Chinese lives; the infamous capture of Nanjing in December 1937, marked by the Nanjing Massacre where an estimated 300,000 civilians and disarmed soldiers were killed in a six-week orgy of violence; and the sequential occupations of Xuzhou in May 1938, Wuhan in October 1938, and Guangzhou that same month. These victories secured Japan's control over China's eastern seaboard, major riverine arteries like the Yangtze, and key industrial centers, effectively stripping the Nationalists of much of their economic base. Yet, despite these advances, China refused to capitulate. Chiang's government had retreated inland to the mountainous stronghold of Chongqing in Sichuan province, where it regrouped amid the fog-laden gorges, drawing on the vast human reserves of China's interior and the resilient spirit of its people. By late 1938, Japanese casualties had mounted to approximately 50,000 killed and 200,000 wounded annually, straining the Imperial Japanese Army's resources and exposing the vulnerabilities of overextended supply lines deep into hostile territory. In Tokyo, the corridors of the Imperial General Headquarters and the Army Ministry buzzed with urgent deliberations during the winter of 1938-1939. The initial doctrine of "quick victory" through decisive battles, epitomized by the massive offensives of 1937 and 1938, had proven illusory. Japan's military planners, influenced by the Kwantung Army's experiences in Manchuria and the ongoing stalemate, recognized that China's sheer size, with its 4 million square miles and over 400 million inhabitants, rendered total conquest unfeasible without unacceptable costs. Intelligence reports highlighted the persistence of Chinese guerrilla warfare, particularly in the north where Communist forces under Mao Zedong's Eighth Route Army conducted hit-and-run operations from bases in Shanxi and Shaanxi, sabotaging railways and ambushing convoys. The Japanese response included brutal pacification campaigns, such as the early iterations of what would later formalize as the "Three Alls Policy" (kill all, burn all, loot all), aimed at devastating rural economies and isolating resistance pockets. But these measures only fueled further defiance. By early 1939, a strategic pivot was formalized: away from direct annihilation of Chinese armies toward a policy of economic strangulation. This "blockade and interdiction" approach sought to sever China's lifelines to external aid, choking off the flow of weapons, fuel, and materiel that sustained the Nationalist war effort. As one Japanese staff officer noted in internal memos, the goal was to "starve the dragon in its lair," acknowledging the limits of Japanese manpower, total forces in China numbered around 1 million by 1939, against China's inexhaustible reserves. Central to this new strategy were the three primary overland supply corridors that had emerged as China's backdoors to the world, compensating for the Japanese naval blockade that had sealed off most coastal ports since late 1937. The first and most iconic was the Burma Road, a 717-mile engineering marvel hastily constructed between 1937 and 1938 by over 200,000 Chinese and Burmese laborers under the direction of engineers like Chih-Ping Chen. Stretching from the railhead at Lashio in British Burma (modern Myanmar) through treacherous mountain passes and dense jungles to Kunming in Yunnan province, the road navigated elevations up to 7,000 feet with hundreds of hairpin turns and precarious bridges. By early 1939, it was operational, albeit plagued by monsoonal mudslides, banditry, and mechanical breakdowns of the imported trucks, many Ford and Chevrolet models supplied via British Rangoon. Despite these challenges, it funneled an increasing volume of aid: in 1939 alone, estimates suggest up to 10,000 tons per month of munitions, gasoline, and aircraft parts from Allied sources, including early Lend-Lease precursors from the United States. The road's completion in 1938 had been a direct response to the loss of southern ports, and its vulnerability to aerial interdiction made it a prime target in Japanese planning documents. The second lifeline was the Indochina route, centered on the French-built Yunnan-Vietnam Railway (also known as the Hanoi-Kunming Railway), a 465-mile narrow-gauge line completed in 1910 that linked the port of Haiphong in French Indochina to Kunming via Hanoi and Lao Cai. This colonial artery, supplemented by parallel roads and river transport along the Red River, became China's most efficient supply conduit in 1938-1939, exploiting France's uneasy neutrality. French authorities, under Governor-General Pierre Pasquier and later Georges Catroux, turned a blind eye to transshipments, allowing an average of 15,000 to 20,000 tons monthly in early 1939, far surpassing the Burma Road's initial capacity. Cargoes included Soviet arms rerouted via Vladivostok and American oil, with French complicity driven by anti-Japanese sentiment and profitable tolls. However, Japanese reconnaissance flights from bases in Guangdong noted the vulnerability of bridges and rail yards, leading to initial bombing raids by mid-1939. Diplomatic pressure mounted, with Tokyo issuing protests to Paris, foreshadowing the 1940 closure under Vichy France after the fall of France in Europe. The route's proximity to the South China Sea made it a focal point for Japanese naval strategists, who viewed it as a "leak in the blockade." The third corridor, often overlooked but critical, was the Northwest Highway through Soviet Central Asia and Xinjiang province. This overland network, upgraded between 1937 and 1941 with Soviet assistance, connected the Turkestan-Siberian Railway at Almaty (then Alma-Ata) to Lanzhou in Gansu via Urumqi, utilizing a mix of trucks, camel caravans, and rudimentary roads across the Gobi Desert and Tian Shan mountains. Under the Sino-Soviet Non-Aggression Pact of August 1937 and subsequent aid agreements, Moscow supplied China with over 900 aircraft, 82 tanks, 1,300 artillery pieces, and vast quantities of ammunition and fuel between 1937 and 1941—much of it traversing this route. In 1938-1939, volumes peaked, with Soviet pilots and advisors even establishing air bases in Lanzhou. The highway's construction involved tens of thousands of Chinese laborers, facing harsh winters and logistical hurdles, but it delivered up to 2,000 tons monthly, including entire fighter squadrons like the Polikarpov I-16. Japanese intelligence, aware of this "Red lifeline," planned disruptions but were constrained by the ongoing Nomonhan Incident on the Manchurian-Soviet border in 1939, which diverted resources and highlighted the risks of provoking Moscow. These routes collectively sustained China's resistance, prompting Japan's high command to prioritize their severance. In March 1939, the South China Area Army was established under General Rikichi Andō (later succeeded by Field Marshal Hisaichi Terauchi), headquartered in Guangzhou, with explicit orders to disrupt southern communications. Aerial campaigns intensified, with Mitsubishi G3M "Nell" bombers from Wuhan and Guangzhou targeting Kunming's airfields and the Red River bridges, while diplomatic maneuvers pressured colonial powers: Britain faced demands during the June 1939 Tientsin Crisis to close the Burma Road, and France received ultimatums that culminated in the 1940 occupation of northern Indochina. Yet, direct assaults on Yunnan or Guangxi were deemed too arduous due to rugged terrain and disease risks. Instead, planners eyed peripheral objectives to encircle these arteries. This strategic calculus set the stage for the invasion of Hainan Island, a 13,000-square-mile landmass off Guangdong's southern coast, rich in iron and copper but strategically priceless for its position astride the Indochina route and proximity to Hong Kong. By February 1939, Japanese admirals like Nobutake Kondō of the 5th Fleet advocated seizure to establish air and naval bases, plugging blockade gaps and enabling raids on Haiphong and Kunming, a prelude to broader southern expansion that would echo into the Pacific War. Now after the fall campaign around Canton in autumn 1938, the Japanese 21st Army found itself embedded in a relentless effort to sever the enemy's lifelines. Its primary objective shifted from mere battlefield engagements to tightening the choke points of enemy supply, especially along the Canton–Hankou railway. Recognizing that war materiel continued to flow into the enemy's hands, the Imperial General Headquarters ordered the 21st Army to strike at every other supply route, one by one, until the arteries of logistics were stifled. The 21st Army undertook a series of decisive occupations to disrupt transport and provisioning from multiple directions. To sustain these difficult campaigns, Imperial General Headquarters reinforced the south China command, enabling greater operational depth and endurance. The 21st Army benefited from a series of reinforcements during 1939, which allowed a reorganization of assignments and missions: In late January, the Iida Detachment was reorganized into the Formosa Mixed Brigade and took part in the invasion of Hainan Island. Hainan, just 15 miles across the Qiongzhou Strait from the mainland, represented a critical "loophole": it lay astride the Gulf of Tonkin, enabling smuggling of arms and materiel from Haiphong to Kunming, and offered potential airfields for bombing raids deep into Yunnan. Japanese interest in Hainan dated to the 1920s, driven by the Taiwan Governor-General's Office, which eyed the island's tropical resources (rubber, iron, copper) and naval potential at ports like Sanya (Samah). Prewar surveys by Japanese firms, such as those documented in Ide Kiwata's Minami Shina no Sangyō to Keizai (1939), highlighted mineral wealth and strategic harbors. The fall of Guangzhou in October 1938 provided the perfect launchpad, but direct invasion was delayed until early 1939 amid debates between the IJA (favoring mainland advances) and IJN (prioritizing naval encirclement). The operation would also heavily align with broader "southward advance" (Nanshin-ron) doctrine foreshadowing invasions of French Indochina (1940) and the Pacific War. On the Chinese side, Hainan was lightly defended as part of Guangdong's "peace preservation" under General Yu Hanmou. Two security regiments, six guard battalions, and a self-defense corps, totaling around 7,000–10,000 poorly equipped troops guarded the island, supplemented by roughly 300 Communist guerrillas under Feng Baiju, who operated independently in the interior. The indigenous Li (Hlai) people in the mountainous south, alienated by Nationalist taxes, provided uneven support but later allied with Communists. The Imperial General Headquarters ordered the 21st Army, in cooperation with the Navy, to occupy and hold strategic points on the island near Haikou-Shih. The 21st Army commander assigned the Formosa Mixed Brigade to carry out this mission. Planning began in late 1938 under the IJN's Fifth Fleet, with IJA support from the 21st Army. The objective: secure northern and southern landing sites to bisect the island, establish air/naval bases, and exploit resources. Vice Admiral Nobutake Kondō, commanding the fleet, emphasized surprise and air superiority. The invasion began under the cover of darkness on February 9, 1939, when Kondō's convoy entered Tsinghai Bay on the northern shore of Hainan and anchored at midnight. Japanese troops swiftly disembarked, encountering minimal initial resistance from the surprised Chinese defenders, and secured a beachhead in the northern zone. At 0300 hours on 10 February, the Formosa Mixed Brigade, operating in close cooperation with naval units, executed a surprise landing at the northeastern point of Tengmai Bay in north Hainan. By 04:30, the right flank reached the main road leading to Fengyingshih, while the left flank reached a position two kilometers south of Tienwei. By 07:00, the right flank unit had overcome light enemy resistance near Yehli and occupied Chiungshan. At that moment there were approximately 1,000 elements of the enemy's 5th Infantry Brigade (militia) at Chiungshan; about half of these troops were destroyed, and the remainder fled into the hills south of Tengmai in a state of disarray. Around 08:30 that same day, the left flank unit advanced to the vicinity of Shuchang and seized Hsiuying Heights. By 12:00, it occupied Haikou, the island's northern port city and administrative center, beginning around noon. Army and navy forces coordinated to mop up remaining pockets of resistance in the northern areas, overwhelming the scattered Chinese security units through superior firepower and organization. No large-scale battles are recorded in primary accounts; instead, the engagements were characterized by rapid advances and localized skirmishes, as the Chinese forces, lacking heavy artillery or air support, could not mount a sustained defense. By the end of the day, Japanese control over the north was consolidating, with Haikou falling under their occupation.Also on 10 February, the Brigade pushed forward to seize Cingang. Wenchang would be taken on the 22nd, followed by Chinglan Port on the 23rd. On February 11, the operation expanded southward when land combat units amphibiously assaulted Samah (now Sanya) at the island's southern tip. This landing allowed them to quickly seize key positions, including the port of Yulin (Yulinkang) and the town of Yai-Hsien (Yaxian, now part of Sanya). With these southern footholds secured, Japanese forces fanned out to subjugate the rest of the island, capturing inland areas and infrastructure with little organized opposition. Meanwhile, the landing party of the South China Navy Expeditionary Force, which had joined with the Army to secure Haikou, began landing on the island's southern shore at dawn on 14 February. They operated under the protection of naval and air units. By the same morning, the landing force had advanced to Sa-Riya and, by 12:00 hours, had captured Yulin Port. Chinese casualties were significant in the brief fighting; from January to May 1939, reports indicate the 11th security regiment alone suffered 8 officers and 162 soldiers killed, 3 officers and 16 wounded, and 5 officers and 68 missing, though figures for other units are unclear. Japanese losses were not publicly detailed but appear to have been light. When crisis pressed upon them, Nationalist forces withdrew from coastal Haikou, shepherding the last civilians toward the sheltering embrace of the Wuzhi mountain range that bands the central spine of Hainan. From that high ground they sought to endure the storm, praying that the rugged hills might shield their families from the reach of war. Yet the Li country's mountains did not deliver a sanctuary free of conflict. Later in August of 1943, an uprising erupted among the Li,Wang Guoxing, a figure of local authority and stubborn resolve. His rebellion was swiftly crushed; in reprisal, the Nationalists executed a seizure of vengeance that extended far beyond the moment of defeat, claiming seven thousand members of Wang Guoxing's kin in his village. The episode was grim testimony to the brutal calculus of war, where retaliation and fear indelibly etched the landscape of family histories. Against this backdrop, the Communists under Feng Baiju and the native Li communities forged a vigorous guerrilla war against the occupiers. The struggle was not confined to partisan skirmishes alone; it unfolded as a broader contest of survival and resistance. The Japanese response was relentless and punitive, and it fell upon Li communities in western Hainan with particular ferocity, Sanya and Danzhou bore the brunt of violence, as did the many foreign laborers conscripted into service by the occupying power. The toll of these reprisals was stark: among hundreds of thousands of slave laborers pressed into service, tens of thousands perished. Of the 100,000 laborers drawn from Hong Kong, only about 20,000 survived the war's trials, a haunting reminder of the human cost embedded in the occupation. Strategically, the island of Hainan took on a new if coercive purpose. Portions of the island were designated as a naval administrative district, with the Hainan Guard District Headquarters established at Samah, signaling its role as a forward air base and as an operational flank for broader anti-Chiang Kai-shek efforts. In parallel, the island's rich iron and copper resources were exploited to sustain the war economy of the occupiers. The control of certain areas on Hainan provided a base of operations for incursions into Guangdong and French Indochina, while the airbases that dotted the island enabled long-range air raids that threaded routes from French Indochina and Burma into the heart of China. The island thus assumed a grim dual character: a frontier fortress for the occupiers and a ground for the prolonged suffering of its inhabitants. Hainan then served as a launchpad for later incursions into Guangdong and Indochina. Meanwhile after Wuhan's collapse, the Nationalist government's frontline strength remained formidable, even as attrition gnawed at its edges. By the winter of 1938–1939, the front line had swelled to 261 divisions of infantry and cavalry, complemented by 50 independent brigades. Yet the political and military fissures within the Kuomintang suggested fragility beneath the apparent depth of manpower. The most conspicuous rupture came with Wang Jingwei's defection, the vice president and chairman of the National Political Council, who fled to Hanoi on December 18, 1938, leading a procession of more than ten other KMT officials, including Chen Gongbo, Zhou Fohai, Chu Minqi, and Zeng Zhongming. In the harsh arithmetic of war, defections could not erase the country's common resolve to resist Japanese aggression, and the anti-Japanese national united front still served as a powerful instrument, rallying the Chinese populace to "face the national crisis together." Amid this political drama, Japan's strategy moved into a phase that sought to convert battlefield endurance into political consolidation. As early as January 11, 1938, Tokyo had convened an Imperial Conference and issued a framework for handling the China Incident that would shape the theater for years. The "Outline of Army Operations Guidance" and "Continental Order No. 241" designated the occupied territories as strategic assets to be held with minimal expansion beyond essential needs. The instruction mapped an operational zone that compressed action to a corridor between Anqing, Xinyang, Yuezhou, and Nanchang, while the broader line of occupation east of a line tracing West Sunit, Baotou, and the major river basins would be treated as pacified space. This was a doctrine of attrition, patience, and selective pressure—enough to hold ground, deny resources to the Chinese, and await a more opportune political rupture. Yet even as Japan sought political attrition, the war's tactical center of gravity drifted toward consolidation around Wuhan and the pathways that fed the Yangtze. In October 1938, after reducing Wuhan to a fortressed crescent of contested ground, the Japanese General Headquarters acknowledged the imperative to adapt to a protracted war. The new calculus prioritized political strategy alongside military operations: "We should attach importance to the offensive of political strategy, cultivate and strengthen the new regime, and make the National Government decline, which will be effective." If the National Government trembled under coercive pressure, it risked collapse, and if not immediately, then gradually through a staged series of operations. In practice, this meant reinforcing a centralized center while allowing peripheral fronts to be leveraged against Chongqing's grip on the war's moral economy. In the immediate post-Wuhan period, Japan divided its responsibilities and aimed at a standoff that would enable future offensives. The 11th Army Group, stationed in the Wuhan theater, became the spearhead of field attacks on China's interior, occupying a strategic triangle that included Hunan, Jiangxi, and Guangxi, and protecting the rear of southwest China's line of defense. The central objective was not merely to seize territory, but to deny Chinese forces the capacity to maneuver along the critical rail and river corridors that fed the Nanjing–Jiujiang line and the Zhejiang–Jiangxi Railway. Central to this plan was Wuhan's security and the ability to constrain Jiujiang's access to the Yangtze, preserving a corridor for air power and logistics. The pre-war arrangement in early 1939 was a tableau of layered defenses and multiple war zones, designed to anticipate and blunt Japanese maneuver. By February 1939, the Ninth War Zone under Xue Yue stood in a tense standoff with the Japanese 11th Army along the Jiangxi and Hubei front south of the Yangtze. The Ninth War Zone's order of battle, Luo Zhuoying's 19th Army Group defending the northern Nanchang front, Wang Lingji's 30th Army Group near Wuning, Fan Songfu's 8th and 73rd Armies along Henglu, Tang Enbo's 31st Army Group guarding southern Hubei and northern Hunan, and Lu Han's 1st Army Group in reserve near Changsha and Liuyang, was a carefully calibrated attempt to absorb, delay, and disrupt any Xiushui major Japanese thrust toward Nanchang, a city whose strategic significance stretched beyond its own bounds. In the spring of 1939, Nanchang was the one city in southern China that Tokyo could not leave in Chinese hands. It was not simply another provincial capital; it was the beating heart of whatever remained of China's war effort south of the Yangtze, and the Japanese knew it. High above the Gan River, on the flat plains west of Poyang Lake, lay three of the finest airfields China had ever built: Qingyunpu, Daxiaochang, and Xiangtang. Constructed only a few years earlier with Soviet engineers and American loans, they were long, hard-surfaced, and ringed with hangars and fuel dumps. Here the Chinese Air Force had pulled back after the fall of Wuhan, and here the red-starred fighters and bombers of the Soviet volunteer groups still flew. From Nanchang's runways a determined pilot could reach Japanese-held Wuhan in twenty minutes, Guangzhou in less than an hour, and even strike the docks at Hong Kong if he pushed his range. Every week Japanese reconnaissance planes returned with photographs of fresh craters patched, new aircraft parked wing-to-wing, and Soviet pilots sunning themselves beside their I-16s. As long as those fields remained Chinese, Japan could never claim the sky. The city was more than airfields. It sat exactly where the Zhejiang–Jiangxi Railway met the line running north to Jiujiang and the Yangtze, a knot that tied together three provinces. Barges crowded Poyang Lake's western shore, unloading crates of Soviet ammunition and aviation fuel that had come up the river from the Indochina railway. Warehouses along the tracks bulged with shells and rice. To the Japanese staff officers plotting in Wuhan and Guangzhou, Nanchang looked less like a city and more like a loaded spring: if Chiang Kai-shek ever found the strength for a counteroffensive to retake the middle Yangtze, this would be the place from which it would leap. And so, in the cold March of 1939, the Imperial General Headquarters marked Nanchang in red on every map and gave General Okamura the order he had been waiting for: take it, whatever the cost. Capturing the city would do three things at once. It would blind the Chinese Air Force in the south by seizing or destroying the only bases from which it could still seriously operate. It would tear a hole in the last east–west rail line still feeding Free China. And it would shove the Nationalist armies another two hundred kilometers farther into the interior, buying Japan precious time to digest its earlier conquests and tighten the blockade. Above all, Nanchang was the final piece in a great aerial ring Japan was closing around southern China. Hainan had fallen in February, giving the navy its southern airfields. Wuhan and Guangzhou already belonged to the army. Once Nanchang was taken, Japanese aircraft would sit on a continuous arc of bases from the tropical beaches of the South China Sea to the banks of the Yangtze, and nothing (neither the Burma Road convoys nor the French railway from Hanoi) would move without their permission. Chiang Kai-shek's decision to strike first in the Nanchang region in March 1939 reflected both urgency and a desire to seize initiative before Japanese modernization of the battlefield could fully consolidate. On March 8, Chiang directed Xue Yue to prepare a preemptive attack intended to seize the offensive by March 15, focusing the Ninth War Zone's efforts on preventing a river-crossing assault and pinning Japanese forces in place. The plan called for a sequence of coordinated actions: the 19th Army Group to hold the northern front of Nanchang; the Hunan-Hubei-Jiangxi Border Advance Army (the 8th and 73rd Armies) to strike the enemy's left flank from Wuning toward De'an and Ruichang; the 30th and 27th Army Groups to consolidate near Wuning; and the 1st Army Group to push toward Xiushui and Sandu, opening routes for subsequent operations. Yet even as Xue Yue pressed for action, the weather of logistics and training reminded observers that no victory could be taken for granted. By March 9–10, Xue Yue warned Chiang that troops were not adequately trained, supplies were scarce, and preparations were insufficient, requesting a postponement to March 24. Chiang's reply was resolute: the attack must commence no later than the 24th, for the aim was preemption and the desire to tether the enemy's forces before they could consolidate. When the moment of decision arrived, the Chinese army began to tense, and the Japanese, no strangers to rapid shifts in tempo—moved to exploit any hesitation or fog of mobilization. The Ninth War Zone's response crystallized into a defensive posture as the Japanese pressed forward, marking a transition from preemption to standoff as both sides tested the limits of resilience. The Japanese plan for what would become known as Operation Ren, aimed at severing the Zhejiang–Jiangxi Railway, breaking the enemy's line of communication, and isolating Nanchang, reflected a calculated synthesis of air power, armored mobility, and canalized ground offensives. On February 6, 1939, the Central China Expeditionary Army issued a set of precise directives: capture Nanchang to cut the Zhejiang–Jiangxi Railway and disrupt the southern reach of Anhui and Zhejiang provinces; seize Nanchang along the Nanchang–Xunyi axis to split enemy lines and "crush" Chinese resistance south of that zone; secure rear lines immediately after the city's fall; coordinate with naval air support to threaten Chinese logistics and airfields beyond the rear lines. The plan anticipated contingencies by pre-positioning heavy artillery and tanks in formations that could strike with speed and depth, a tactical evolution from previous frontal assaults. Okamura Yasuji, commander of the 11th Army, undertook a comprehensive program of reconnaissance, refining the assault plan with a renewed emphasis on speed and surprise. Aerial reconnaissance underlined the terrain, fortifications, and the disposition of Chinese forces, informing the selection of the Xiushui River crossing and the route of the main axis of attack. Okamura's decision to reorganize artillery and armor into concentrated tank groups, flanked by air support and advanced by long-range maneuver, marked a departure from the earlier method of distributing heavy weapons along the infantry front. Sumita Laishiro commanded the 6th Field Heavy Artillery Brigade, with more than 300 artillery pieces, while Hirokichi Ishii directed a force of 135 tanks and armored vehicles. This blended arms approach promised a breakthrough that would outpace the Chinese defenders and open routes for the main force. By mid-February 1939, Japanese preparations had taken on a high tempo. The 101st and 106th Divisions, along with attached artillery, assembled south of De'an, while tank contingents gathered north of De'an. The 6th Division began moving toward Ruoxi and Wuning, the Inoue Detachment took aim at the waterways of Poyang Lake, and the 16th and 9th Divisions conducted feints on the Han River's left bank. The orchestration of these movements—feints, riverine actions, and armored flanking, was designed to reduce the Chinese capacity to concentrate forces around Nanchang and to force the defenders into a less secure posture along the Nanchang–Jiujiang axis. Japan's southward strategy reframed the war: no longer a sprint to reduce Chinese forces in open fields, but a patient siege of lifelines, railways, and airbases. Hainan's seizure, the control of Nanchang's airfields, and the disruption of the Zhejiang–Jiangxi Railway exemplified a shift from large-scale battles to coercive pressure that sought to cripple Nationalist mobilization and erode Chongqing's capacity to sustain resistance. For China, the spring of 1939 underscored resilience amid mounting attrition. Chiang Kai-shek's insistence on offensive means to seize the initiative demonstrated strategic audacity, even as shortages and uneven training slowed tempo. The Ninth War Zone's defense, bolstered by makeshift airpower from Soviet and Allied lendings, kept open critical corridors and delayed Japan's consolidation. The war's human cost—massive casualties, forced labor, and the Li uprising on Hainan—illuminates the brutality that fueled both sides' resolve. In retrospect, the period around Canton, Wuhan, and Nanchang crystallizes a grim truth: the Sino-Japanese war was less a single crescendo of battles than a protracted contest of endurance, logistics, and political stamina. The early 1940s would widen these fault lines, but the groundwork laid in 1939, competition over supply routes, air control, and strategic rail nodes, would shape the war's pace and, ultimately, its outcome. The conflict's memory lies not only in the clashes' flash but in the stubborn persistence of a nation fighting to outlast a formidable adversary. I would like to take this time to remind you all that this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Please go subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry after that, give my personal channel a look over at The Pacific War Channel at Youtube, it would mean a lot to me. The Japanese invasion of Hainan and proceeding operations to stop logistical leaks into Nationalist China, showcased the complexity and scale of the growing Second Sino-Japanese War. It would not merely be a war of territorial conquest, Japan would have to strangle the colossus using every means necessary.
The Wealth Formula Podcast is one of the longest-running personal finance podcasts still standing. For more than a decade, I've shown up every single week to talk about investing, markets, and the forces shaping the economy. What's interesting is how much my own thinking has evolved over that time. Early on, I was more rigid. I was—and still am—a real estate guy. But back then, I didn't give much thought to ideas outside that lane. I was dogmatic, and I didn't always challenge my own beliefs. Time has a way of doing that for you. I've now lived through multiple market cycles. I've watched the stock market melt up to valuations that felt absurd—and then keep going. I've seen gold go from flat for a decade to parabolic over a year. I've seen interest rates sit near zero for a decade and then snap higher at the fastest pace in modern history. And I've learned, sometimes the hard way, that diversification is about survival and that every asset class has its day. One lesson I learned that I am thinking a lot about these days is: ignore major technological shifts at your own peril. Back in 2014, I first started hearing people talk seriously about Bitcoin. At the time, I dismissed it. I listened to the critics, was convinced it was a scam, and didn't take the time to truly understand it. That was a mistake—not because everyone should have bought Bitcoin, but because I ignored a structural change happening right in front of me. Bitcoin went from a cypherpunk expression of freedom to the largest ETF owned by BlackRock. Today, the dominant story is artificial intelligence. And whether you love stocks, hate stocks, prefer real estate, or focus exclusively on cash flow, you cannot afford to ignore AI. This isn't a fad. It's a general-purpose technology—on the scale of electricity, the internet, or the industrial revolution itself. That doesn't mean it's easy to invest in. It's hard to look at headline names trading at massive valuations and feel good about buying them today. But investing in AI isn't about chasing a single company. It's about understanding second- and third-order effects: energy demand, data centers, productivity gains, labor displacement, capital flows, and how blockchain and decentralized systems intersect with all of it. What experience has taught me is this: you don't need to be first to invest—but you do need to be early in understanding. If you wait until something feels obvious, most of the opportunity is already gone. This week's episode of the Wealth Formula Podcast is focused squarely on AI and blockchain—what's real, what's noise, and where the long-term implications may lie. Listen to this episode. You'll come away smarter. And years from now, you may look back and realize this was one of those moments where paying attention really mattered. Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com. Welcome everybody. This is Buck Joffrey with the Wealth Formula Podcast. Coming to you from Montecito, California. Today we wanna start with a reminder. We are in a new year and we are already doing deals, uh, through the Wealth Formula Accredit Investor Club. You can go and sign up for that for free. Uh, wealth formula.com just hit investor club and you just get on there and, and you’ll get onboarded. And from there, all you gotta do is wait for deal flow and webinars coming to your inbox. And, um, you know, if nothing else, you learn something. So go check it out. Uh, go to. Wealth formula.com and sign up for Investor Club now onto today’s show. Uh, the, it is interesting. I don’t know if you are aware it’s a listener, but we are, wealth Formula is, uh, probably I would say one of the, certainly in the one of the top longest running personal finance podcasts still. Standing. Uh, I’ve been around, well, I think the first episode was on like 2014, so it was a long time, but in earnest, you know, at least for over a decade. And, you know, during that time, I’ve shown up every week, every single week. Don’t Ms. Weeks, but none, none. Isn’t that incredible? I’ve shown up, uh, talked about investing and talked about very way markets are working, forces, shaping the economy, all that kind of stuff. But you know, as you can imagine, as a. As a younger individual versus, um, my crusty self. Now, you know, a lot of my own thinking has evolved over that time, you know, back then. And I, you know, I think this appealed to some people, but, um, you know, I was really dogmatic. I’m a real estate guy, right? And I still am a real estate guy, but back then I wouldn’t give anything else the time of day to even think about, you know, and, and, uh, I, I, you know. I was dogmatic and didn’t always challenge my own belief systems. Um, I’m different now, right? I’ve softened And time is a way of, of changing all of that dogmatic stuff for you. You know, I’ve lived through multiple market cycles. I’ve watched, well, I’ve watched the stock market, which I, which I always maligned, you know, melt up to valuations. Uh, that felt absurd. And then keep going higher. I’ve seen gold, which was kind of ridiculous for the longest time. I watched it for like a decade, just pretty much flat, and then it goes parabolic. Over the last year, I’ve seen interest rates sit near zero for a decade and then snap higher. Uh, not even as time, just launch higher at the fastest space in modern history. And I’ve learned sometimes I guess, the hard way that diversification is about survival and that every class, every asset class has its day. Just like every dog has its day. And um, you know, one other lesson that I learned that I’m thinking a lot about these days is ignore major technological shifts at your own peril. So what am I talking about? Well. It’s kind of a, it is a technological shift, whether you think it about not, but Bitcoin. Okay. Back in 2014, I first started hearing people talk seriously about Bitcoin, and at that time I dismissed it. I was, uh, I was listening to critics beater Schiff that constantly called it a scam, said it was going to zero and so on. I didn’t, I didn’t take the time to truly understand it, to try to understand it the way I understand it now, that makes me a believer in Bitcoin. That, of course was a big mistake, not because, you know, everyone should have bought Bitcoin and, uh, back then, well, they, you know, would’ve been nice if they did, but because fundamentally I ignored something that was a structural change happening right in front of me. And since then, Bitcoin went from a cipher punk expression of freedom to the large CTF owned by BlackRock today. The dominant story is actually artificial intelligence. Now, whether you love stocks, hate stocks, prefer real estate focused exclusively on cab, whatever, you cannot afford to ignore ai. It’s not a fad. It’s a general purpose technology and a technology shift, and the scale of electricity. The internet bigger than the internet, bigger than the industrial revolution. Now, that doesn’t mean it’s easy to invest in. I mean, I’m gonna go invest in AI and make a bunch of money because I mean, what does that even mean? It’s hard to look at headline names, trading at massive valuations like Nvidia and all that right now, and saying, oh, I’m gonna go buy that. Who knows? That’s gonna work out. When I talk about investing in AI isn’t really just investing in stocks or any individual company or data centers or whatever. It’s about understanding. The second and third order effects, energy demand. You know, as I mentioned, data centers, productivity gains, labor displacement, capital flows, and how blockchain and decentralized systems intersect with all of that. It is very, very complicated. Um, but it’s really important to start to try to understand, you know, an experience that stop me is this. You don’t need to be the first to invest, but you do need to be early in understanding. If you wait until something feels obvious, usually the opportunity’s gone by then. And you know, the thing about AI is even if you think it’s obvious now. The reality is that most people haven’t really caught on. Maybe they played with chat GPT, but I don’t think they’re understanding what this whole, you know, this thing is gonna do to our world. Um, anyway, so that is what this week’s episode of Wealth Formula Podcast, uh, is about. It’s about AI and also, um, a little bit about, you know, bitcoin and blockchain and that kind of thing. Um, we’re gonna talk about what’s noise, uh, you know, where the long, what the long-term, uh, implications are all of this stuff. This is a show that, uh, I really enjoy doing really, really good stuff. Um, so make sure you listen in. We’ll have that interview for you right after these messages. Wealth Formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net. The strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own bank to invest in other cash flowing investments. Here’s the key. Even though you borrowed money at a simple interest rate, your insurance company keeps paying you compound interest. On that money, even though you’ve borrowed it, that result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique. It’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its backbone. Turbocharge your investments. Visit Wealth formula banking.com. Again, that’s wealth formula banking.com. Welcome back to the show, everyone. Today. My guest on Wealth Formula podcast is Jim Thorne, chief Market strategist at Wellington. L is private wealth with more than 25 years of experience in capital markets. He’s previously served as chief capital market strategist, senior portfolio manager, chief economist, and CIO. Uh, equities at major investment firms and has also taught economics and finance at the university level. Uh, Jim is known for translating complex economic, political, and market dynamics into clear actionable insights to help investors and advisors navigate long-term capital decisions. Uh, Jim, welcome with the program. Thanks for having me Buck. Well, um, Tim, I, I, I, uh, had been following a little bit of, uh, what you discuss on, uh, on X and, um, one of the things that caught my eye is, you know, your, your narrative on, on ai, a lot of people are tend to be still sort of skeptical of AI and what’s going on, uh, with the markets. Um, uh, but at the same time, uh, there’s this. Sense. I think that ignoring AI altogether as an investor is, is, is downright potentially dangerous. So, uh, at the highest level, why is AI something people simply can’t dismiss? Well, we live in an, uh, uh, you know, many other people have coined this term, but we live, we’re living in an exponential age of, of technological innovation. And, you know, AI and I’ll just add into their, uh, blockchain is just the normal evolutionary process that, you know, for me started when I left graduate school and came into the business in the nineties where everybody had this high degree of skepticism of the computer and the, the, the phone, the, the. And the internet. And so, you know, what we do is we go through these cycles and there are periods of time where the stars align. And we have a period of time where we have what I would call an intense period of innovation where I would suggest to you that. People are skeptical. Skeptical, and yet at the same point in time, they very early on in the, in the, in the trade, call it a bubble when it’s not. And so I think it comes from the position of ignorance. One, I think two, fear, and then three. If you think about if you are an active manager, I in a 40 ACT fund, um, you know, and you’re sitting there with, uh, you know, mi. Uh, Nvidia at, you know, eight or 9% of your index. And that’s a big chunk that you’ve gotta put into your fund, uh, just to be market neutral. So there’s a lot of people that hate this rally. There’s a lot of people that are can, going to continue to hate this rally. But the thing I anchor my hat on are a couple of things. Look at if this is no different than the railroad. Canals, any major technological innovation, will it become a bubble? Yes. Just not now. So, so let’s follow up on that, because a lot of people think, or are talking about the, do you know the.com bubble, uh, comparisons, and you’ve argued that that sort of misses the real story. So, so where are we getting it wrong right now? Are those people getting it wrong? In the nineties buck, you’d walk into a bar and there wouldn’t be ESPN on there’d be CNBC on people were getting their jobs to become day traders. Folks didn’t go to the go to university because they were basically getting their white papers financed. You had companies that were trading off of clicks. So I lived that. Anybody who is of a younger generation has no idea what a bubble is, and it’s specious and pedantic for them to use that term when they have no clue about what they’re talking about. But you did mention that it could become a bubble. How do we know when it does become a bubble? Oh, it’ll become a bubble. Well, when, when, when you know, the, what, what I am looking for is, you know, when we, when the good investment opportunities start to dry up, when liquidity starts to dry up. So what I, it’s not about valuation, to me it’s about liquidity. So in 2000, what, and I’m roughly speaking, what went down was you had all these companies that were trading at Strat catastrophic valuation, this stupid valuations, and you walked in one day and they didn’t get financing. And if you read the prospectus or you followed the company, you knew that they were not going to be free cash flow positive for another two or three rounds of financing. All of a sudden you walked in and everybody goes, oh my God, this thing, you know, trading at 250 times sales. And everybody went, yeah, of course. And so what it was is, was when does liquidity dry up? So I’ll give you a date, um, you know, with Trump’s big beautiful bill act. 100% tax deductibility of CapEx and that goes until Jan 1, 20 31. So to me, that’s a very motivating factor for people to, um, invest. The last thing I would say to you in more of a game theoretic context book is, look, if you are a big tech company and you don’t invest in ai. You are ensuring your death. Yahoo, Hela Packard. I can go through the list of companies that cease to invest, so they’re looking. If it was you and I when we were running this company, I would say, dude, we gotta invest because if we don’t have a poll position in this next platform, whatever it is, we’re done. We’re toast. And I think that’s why you’re seeing all these hyperscalers spending as much money as they are. ’cause they get this, they saw it. So, you know, you framed ai not necessarily as a a tech trade, but as a capital expenditure cycle. Can you explain that to people? Well, what we need to do is we need to build out the infrastructure of ai. Then, and that’s the phase that we’re in right now. So it’s more like we’re building out all of the railroads, the railway tracks and the railway stations across the United States back in the 18 hundreds. And then we’re gonna go through that building phase. And then as that building phase goes, some companies, some towns, are going to basically realize and recognize what’s happening and start to basically take ai. Bring it into their business model, into enhanced margins. Right. So right now we’re building it out. I mean, you know, we all focus on the hyperscalers, but the majority of companies, pardon me, governments. Individuals, they haven’t used AI and, and what is interesting about this is back in the nineties, they were talking about how the internet had to evolve to be much more. You know, uh, have critical thinking in, in, in it. And it was more explained when you went to these conferences, as you know, you know, think about this. You’re hearing this in 99, okay? Not today. You go in and you ask Google or dog pile at the same time, or excite, okay? You would say, I wanna go to Florida in the third week of March and I wanna stay here and I wanna spend this amount of money and I wanna rent a car. Plan it for me. And they would come back and they would tell you that it would come back and it would, it would, everything would be there. And you would have your over here and all you would have to do is drop your money and you had your thing planned. So none of this is as, it’s aspirational, but we’ve heard it before. And in technology, what happens is it’s not like it’s new. We’ve been talking to, I did machine learning in in graduate school. Ai, you know, I did neural networks and I’m a terrible Ian. This isn’t, you know, Claude Shannon wrote about this in 1937, right? But it’s about when does it hit, and so it was chat GBT. Can we argue, was that right? As an investor, it’s stop arguing, start investing. Then what you’ve gotta figure out, which is the question you ask, is when does the music stop? I think it goes until the end of the decade. You know, one of the things that, uh, is interesting about this, uh, AI investment, uh, it’s, it’s unfolding in a higher interest rate environment. Why is that detail so important? Understanding its significance? Well, it’s the cost of capital, right? And so this phase that we have right now. It’s funny you say that, right? ’cause our reference point is zero interest rates, right? Yeah, yeah. Right. That’s right. So, you know, you know, so, so think about this, what it happens right now. Now we’re in the phase where you’ve got these hyperscalers that instead of taking all their free cash flow and buying bonds and buying back stock, are increasing CapEx because there’s a great tax deduction on it. So you get a lot of, so we’re in this phase where, for where, where a lot of the money is, you know, was. Was, let me, let me be clear, was a hundred free cashflow. Now we’re getting these guys, these companies like Oracle and what have you, you know, starting to issue debt and look at debt isn’t bad as long as the rate of return on debt is higher than the interest rates. And so, you know, you know, I, I would say historically speaking, for a lot of these high quality names, the interest rates are not, uh, at levels that will stop them from investing. Right. Right. You know, you’ve written that, um, productivity is ultimately the real story behind ai. So why does productivity matter more than the technology headlines themselves? Well, let me just put it this way, right? So we’ve grown, I grew up, I, I joined, I’m up here in Toronto, right? So I’m gonna give it to you in Canadian dollars, right? So I joined, I joined here. You know, I grew up here, went to the states, came back home. Growing this company I joined when we’re about three and a half billion. We’re getting close to 50 billion, and we’re the fastest growing independent platform in the country. I’m a one man band, right? I use three ai. In the old days, I’d have four research assistants. Where’s the margin in that? And so I, that’s how I see it. And let me be clear, it’s, you know, this isn’t we’re, it’s not perfect. But if I wanted to say, instead of you, but hey, write me a 2000 word essay on the counterfactual of what happened with railroads up until 1894 when the, when the bubble popped, give me a f, you know, a a thousand word essay and, and just a general overview. I can get that in less than five minutes. Michael Sailor is writing product on ai, which, which, which you would take, which you would take. He’s in his presentation, say it would take a hundred lawyers. So it’s gonna be more about those. And it’s, it’s no different than Internet of things or, you know, it was, uh, Kasparov that talked about this. Gary Kasparov talking about the melding of, of technology in humans. He would ran, run this chess tournament called freestyle. You could use a computer, you could use, you know, grand Masters. You could use whatever you wanted to compete. And who won? Well, who won it Was that those teams that were generalists that had a little bit of that, the knowledge of the computer and the knowledge of the test. Uh, o of chess, right? That’s what’s gonna happen. So this isn’t we’re, as far as I’m concerned, we’re not, yes, there’s going to be some d some jobs that are going to be replaced, but that is always the case in technology. I’m not a Luddite, okay? I am not Luddite. But the same point in time. I, I would suggest to you that it, it is just a really, for me, it’s a, helps me. Do research no different than when I was an undergrad and they went from cue cards in the, the library at the university to actually having a dummy terminal and I could ask questions in queue. You know, it stalked me from having to go to the basement of the library and going to microfiche. Right. Have helping that way. Now can it, can, will it do other things? I’m sure it is, and I’ll lead that to Elon Musk and the crew. You know, that’s above my pay grade. But for me, I see it as a very helpful way of, you know, allowing me to process and delineate. Much more information a a and not have me waste so much time trying to figure out what got went on in the past or, you know, QMF. Right. You know, summarize me the talk five, you know, academic papers in this area, what are they saying? And then they gimme the papers. Right. It just speeds the process up. Yeah. You know, um, one of the things that I’ve been sort of talking about and thinking about. Is that it’s hard to not see AI as a very, very strong deflationary force. Um, how do you think about that? Yeah. Technology is deflationary, right? Doubt about it. And so I look at it this way, Ray. Um, so I work at the financial services industry, okay. You know, Mr. Diamond of JP Morgan is talking about how they are starting to embrace blockchain and ai. They are going to cut out the back end of that in the, the margins in that, in that company by the end of the cycle are going to be fantastic. People just do not get in. You know, the financial services industry is built on a platform. Of the 1960s, dude. I mean, they’re still running Fortran, cobalt. So you know what I, how I look at this is much more as a margin type story, and there’s going to be a lot of displacement. But at the same point in time, I look at Tesla and automation and ai. And you know, people look at Tesla as a car company. I look at Tesla as an advanced manufacturing company. Elon Musk could basically go into any industry and disrupt it if it wanted to. Right. So that’s how I look at it. And so, you know, the hard part is going to be, you know. Nothing. If we get back to where we were, it’s not going to be perfect, right? Because here’s, here’s where the counter is, here’s where the counter is. Right? If you, if, if you think about, and we’re, I’m gonna take Trump outta the equation and ent outta the equation right now, but if we just went back to the way things were before COVID, we would have strong deflationary forces. Okay. Just with demographics, just with excessive levels of debt. Just with, you know, pushing on a string in terms of, in terms we couldn’t get the growth up, you know, and, you know, and the overregulation of financial institutions. Trump and descent are basically applying what’s called supply side economics, and they’re deregulating. It’s says law, which is John Batiste, that says basically supply creates his own demand and it’s non-inflationary. But really what they’re going to try to do is they’re going to try to run the economy hot and they’re gonna try to pull this way out of the debt. And if you do that and you deregulate the banks. And allow the banks to get back to where they were before the financial crisis. Okay. You know, and, and the Fed takes its interest rates down to neutral, expands the balance sheet. Then I don’t think we’re gonna go back to the zero bound in deflation. I think this thing’s gonna run hot for a long time. And I think it, the real question is, is, is is 2 75 in the United States the neutral rate? I think it is. Uh, but as, as, as Scott be says, and, and, and, and, and let’s be clear, buck, the guy’s a superstar. Okay. Guy is a legend. Just you sit there, just shut up and listen to him. Okay. They keep up, right? Well, so they’re gonna run it hot, but where we are is, in his words, mine, not mine. We’re still in this detox period, you know what I mean? We still got the Biden era. We still got, you know, a over a decade of excessive ca of Central Bank intermediation. That needs to get, you know, go away. So what I say, and what I’ve been writing about is 26 is going to be the year that the baton is passed back to the private sector. Let’s get rates down to 2 75. That’s, I mean, I’m going off the New York Fed model. That says real fed funds, the real, the real neutral rate is 75 to 78 basis points. I think inflation’s at two. That that gets you 2 75. Get the rates there and then get the balance sheet of the Fed to the level so that overnight lending isn’t loose or tight. It’s just normal. And then step back, go away and let Wall Street and the private sector create credit. Create economic growth and let’s get back to the business cycle. And if we do that, we’re gonna have non-inflationary growth. It’s gonna be strong, but we’re not going back to the zero bound and we’re gonna grow our way out of this. And so that’s where I get really excited about. This is a very unique time in history. A very, very, very unique time in history where, and I don’t know how long it’s going to last because of the compression that we have now because of the, you know, we live in such a digital world, but let’s say it’s five years demographic says it’s to 33, 32 to 33. That’s, you know, that’s how long this run is. And, and to me, uh, AI is a massive play. I, I, to me, blockchain is a massive play and to me it’s to those countries and companies that get it is, whereas investors, we wanna think, start thinking about investing. Yeah. You mentioned, um, non non-inflationary growth. Can you drill down on that a little bit just so people understand a little bit where. Usually you think of an economy running super hot, you, you think automatically there’s an, you know, an inflationary growth. So I want you to think in your mind into your list as think in your mind. Go back to economics 1 0 1 with the demand curve. In the supply curve, okay? And there are an equilibrium. And at that equilibrium we have a price at an equilibrium, and we have an output as an equilibrium. Okay? Now what I want you to do is I want you to keep the demand curves stagnant or, or, or anchored. Then I want you to shift the supply curve out. Prices go down, output goes out. We can talk all this esoteric stuff, you know, you know Ronald Reagan and, and Robert Mandel and supply side economics. But it’s really your shift in the supply curve out, and that’s what, and that’s what BeIN’s doing. I mean, this is a w would just sit down and be quiet. He’s talking about, you know, what is deregulation? He’s pushing the supply provider. Oh, hold on. My phone. My, my thing. And what did, since the two thousands, what did, what was the policy? It was kingian, it was all focused on the demand curve. Everything was focused on demand. And so all we’re doing is we’re, we’re getting the keynesians out. I use 2000 ’cause that’s when Ben Bernanke really came in and was very influential. Let me just say he’s a very smart, I learned so much from reading. Smart, smart, smart, smart guy. But his whole thing was Kasan. He came from MIT, his thesis supervisor was Stanley Fisher, right? We’re going back to, you know, Mario Dragons thesis supervisors, Stanley Fisher, all these guys came from MIT, Larry, M-I-T-M-I-T, Yale, and Princeton. Whereas previously it was the University of Chicago. It was Milton Friedman. It was, it was supply side economics. We’re going back, they’re going back to supply side economics and right now we need it. We need balance. But my god, what did we end off with? We ended off with four years of mono modern monetary theory. Deficits matter. That’s insanity. You had mentioned a little bit, uh, you, you’ve talked about blockchain a few times here. Talk about the significance. I mean, it’s sort of, you know, blockchain was a thing that everybody was, everybody was talking about it, you know, three, four years ago, but now it’s all about ai. But you know, now you’ve got, um, but in, but in the background, blockchain has grown, uh, adoption has grown. Uh, tell us what’s going on there, and if you could tie it into the significance of, of where we’re at today. Yeah. Um, uh, Jeff Bezos gave a wonderful speech, I think in two thou, early two thousands, where he basically talked about the fact that, you know, once this innovation is led out of the genie’s, led out of the bottle, whether or not, you know, buck and Jim, like it as an investment, the innovation continues. And so after the internet bubble pop, right? Really smart guys like Jeff Bezos, uh, Zuckerberg, you, you, the whole cast of characters, right? Basically built it out. Okay. And it wasn’t perfect and everybody knew it wasn’t perfect. I mean, that was the whole thing that was so bizarre. But they knew it wasn’t perfect and they knew that they needed to solve some problems. Right. And you know, it was a double spend problem. I mean, the internet that we were dealing with right now was developed in the 1950s and so on and so forth. And so, you know, that always stuck with me. Right. A couple of things stuck with me because I’ve lived through a couple of these cycles. The first one is Buck. When the, when Wall Street coalesces around something just shut up and buy it, right? I mean, I, I spent too much of my life arguing about whether dog pile and Ask Gees was better than Google. Wall Street said Google was the best. Shut up. Invest, right? And so, so look, blockchain solved the double spend problem. Blockchain solved all the problems that the original iteration of the internet could solve, and everybody knew it was coming along okay. So it’s a decentral, it’s decentralized, right? Uh, does, does not need to be reconciled. So no. Not only do you have another iteration of the internet. You have basically introduced into society the biggest innovation in accounting or recordkeeping since double entry. Bookkeeping accounting was introduced in Florence, Italy centuries ago by the Medicis and, and buck. All this is out there like, so this is a profound, right? So think about you’re in an accounting department and you don’t have to reconcile, right? So look. The first use cakes was Bitcoin. And what was the, what was the beautiful thing about it? Well, first off, it grew up by itself. And secondly, it’s got perfect scarcity, right? And so let’s just full stop. And I mean, yes, gold and silver had the run that they should have had decades. So I had been waiting and listening to people, gold bugs, talking about this type of run since the nineties. Okay. Um, but look, you know, and the problem with fi money, right? I mean, this is, this goes back decades. It’s an old argument. The way you solve it is, is Bitcoin. That’s the solution. I mean, forget about it. I mean, if they’re gonna whip it around and do all this stuff, fine. But the other thing that people miss and Sailor hasn’t, and Sailor is brilliant, is look. Bitcoin is pristine collateral in 2008, in September. What caused the, the system to stop was the counter. We could not identify counterparty risk for near cash. It was a settlement problem. Anybody you talk to Buck that says it was, you know, the subprime this and it, yeah, that was crap. I get that. But when the system shut down is you had a $750 million near cash instrument with X, Y, Z, wall Street firm, and you did this for three extra beeps and it was no longer cash. Guess. And guess what? Your institutional money market fund broke the buck. That’s when the system blew sky high. When the money market broke the buck and it was a settlement problem, blockchain and Bitcoin solved that. Sailor knows that, look where Wall Street’s gonna go. They understand now that. Bitcoin is pristine, collateral and capital that is 100% transparent. Let’s lend against it, and that’s what Sadler’s doing. That’s why Wall Street hates the guy so much, right? Think about that. Think of where is he going after he’s going after all the stranded capital on Wall Street. And, and the whole point is he’s sitting there going, I’m too busy for this. And you’ve got all these other people that are gonna live off of other people’s ignorance. Meanwhile, Jing Diamond knows exactly what he’s talking about. We can identify, if I hear one more person on me in, in the meeting say, I don’t know. You know, you know, uh, micro strategies balance sheet is so complicated. Really. Compared to JP Morgans, I mean, you know what his capital is. It says Bitcoin, like, what are you guys talking about? But hey, fucking in this business, people make generational wealth on ignorance of people who think they know what they don’t know. So, you know, just going back to Jamie Diamond, you know, he spent, I don’t know how long. Throwing every insult, uh, he could towards Bitcoin. And now they’ve really kind of, they haven’t backtracked. I think he’s, he’s, you know, his, his, um, I think the way he phrases is the blockchain’s a real thing. He never seems to really say the word Bitcoin, uh, in this regard. Um, banks in general, where do you think they’re headed with this stuff? I mean, I, you know, right now, again, you can kind of see even. Um, I think, you know, some of the big advisory firms suddenly recommending one to, you know, one to 4% of people’s portfolios in Bitcoin. I mean, this is all, I mean, gosh, I, I’ve, you know, been talking about Bitcoin since 2017. This is in unbelievable transformation in less than a decade. Where do you see this going in the next five to 10 years? It’s called the, it’s called, what is it? It’s called, I’m gonna call it the Evolution of Jim. Me, you know, in my business and, and, and, and you know, the thing I have book is I’ve survived and I’ve gone through a lot of cycles. I’ve done a lot, you know, and you ask yourself, you scratch your head a lot and you’re, and you, but you’re continually doing objective research and you’re this, if you, this is why I love this game so much. Right? So let’s just go stop for a second. Let’s get some context. Right. My first summer job, one of my first summer jobs, I worked in the basement of a bank in the in, in downtown Toronto, right up the street from the Toronto Stock Exchange. And my job was to let guys in with beak, briefcases into the cage, into the big vault, to basically bring in certificates. Okay. And, and what? Stock certificates. And so remember, you know, and I remember my grandfather when we, when he died, look at, we couldn’t sell the house because he didn’t believe in the banks. And we were finding certificates all over the house in the walls. Okay? Right. So in the 1960s it was bare based. The whole industry was bare based. And there was the volume in Wall Street started to pick up to the point where they couldn’t handle the volume. There was a paper crisis where almost a third of the companies went down bankrupt because of the cage. The cage. Okay. So basically what happened was, to make a long story short, they came out with, they came, Hey, why don’t we get two computers At one point in time, they said, okay, crisis. Let’s solve it. Well, why don’t we get these two computers and we can solve, or we can sell trades among, amongst each other. Okay. And then we don’t need to have guys riding around Wall Street with bicycles and big briefcases. Okay. And then what we did was, what we did was we sat there and said, well, why don’t we have a centralized clearing, and we’re gonna call it DTC or CDS, depending on what country you’re in. And what we’re gonna do is we’re gonna offer paper, we’re gonna, we’re gonna issue paper rights to the underlying stock that was developed in the early 1970s. That’s the system that we’re on right now. There are a lot of faults with that. Let me give you, when you’ve talked about the GameStop a MC situation, when you have a company that’s basically have more shares outstanding short, sorry, more shares short than outstanding, that shows you that the old system doesn’t work. It’s called ation. The paper writes to the underlying assets, it, it doesn’t match up. There have been guys that make a career outta this and write books about this, right? Dole Pineapple. They had a corporate, a corporate event, right? Hostile takeover. 64,000 for 64 million shares, voted, I think, and there was only 3,200 on. We all know this, so this has to be solved. The way you solve it is you tokenize assets, and this was talked about a decade ago, and they know about it and true tofor, they, and if you’re thinking about it, it’s totally logical, right? But if we allow this innovation to go full stream ahead, we’re wiped out, right? So what did they do? They delayed. They delayed. And as you know, you could talk about, it’s called Operation choke 0.2 0.0. Right. You know, the Fed overreached their bounds, they de banked people. I mean, this is why, why Best it’s going after them. They, yet they stepped over their constitutional mandate. Right. The federal, the Fed Act is not, uh, does not supersede the US Constitution. Elizabeth warned the whole thing. They did it. Okay, so let’s not complain about it. So now Atkins is gonna, we’re gonna have the Clarity Act come out and they’re gonna basically deregulate New York Stock Exchange already there. They’re gonna put everything on the blockchain and when you put everything on the blockchain, trade a settlement. There’s no hypo. Immediate settlement. Immediate, which is a benefit if you can get your act together because it, you know, for Wall Street firms you need less capital, right? So it’s a natural evolutionary process. And then you sit there and go back in history, if you and I were writing it, we’d sit there and go, well, should we be surprised that the incumbents right, the status quo pushed back on innovation? No, there was a guy, there was a prophet, um. At, at Harvard, his name was Clay Christensen, and he wrote this wonderful book called The Innovator’s Dilemma. You know, why does, why don’t companies evolve, or why do they go bankrupt? It’s because they cease to evolve and the status quo doesn’t allow the evolution of the companies to take place. Right? Well, that’s what happened in RA. We’re gonna complain about it. No, it, it is what it is. It’s water under the bridge. And so what I think is happening is, you know, Mr. Diamond is basically saying. He’s pragmatic, he’s a realist. And now he’s saying, we gotta evolve. And hey, by the way, now I’ve gotten to the point where I think I can make a tunnel. Think about that. Yeah. Think about his own stable coins, right? So his own stable coins. And, uh, well think about this. If you trade like internal meetings, right? And I’m hyped this hypothetical, right? I go, fuck, don’t screw this up this time. And you’re gonna go, Jim, what are you talking about? I go. We want a nice bread between bid and ask in these financial price. We don’t wanna go down to pennies. Okay? Can we go back to the old days when we were, you know, trading in quarters and sixteenths and so we can make some skin in the game? I think you’ve got the deregulation of the banking industry where the banks are gonna, they’re fit. It’s gonna be baby steps. But what’s gonna happen is they’re gonna basically say, stop taking all that capital that’s sitting at the Fed, making four or fed funds rate overnights wherever it’s four half, 3 75 right now. And you can now trade it. Go back to prop trading, which is what they did. And they’re gonna start off, they will start off with, its only treasuries. Eventually they’ll be able to expand throughout our lifetime. So the old way you gotta look at it is, you know. We’re bringing the ba, you know, we’re putting the band back together, man. Right. And the banks are gonna deregulate, they’re gonna deregulate the banks, they’re going to innovate, they’re gonna be able to use the capital, their earnings profile going out into the end of the decade. It’s, it’s gonna be monstrous, it’s gonna be, you know, it, it’s, it’s, and, and that’s how I get, you know, when people say, where do you think the s and p goes? You know, I say, you know, 14,000, you know, double from here by the end of the decade. And he goes, well, what about ai? I go, well, they’re gonna, that’s important, but it’s the banks. I think the banks are gonna have a renaissance. Yeah. Yeah. Um, one thing just to get your thoughts on, so when you look at the banks, you talked about sort of the inevitability of tokenization. Um, the stock exchange, uh, we talked about stable coins. I mean, another great way for banks to make money. Uh, essentially where does that, how, how does that help or hurt Bitcoin adoption? Because Bitcoin is a sort of a separate, separate, you’re not, you’re not building on Bitcoin as much as you are, say, Ethereum, Mar Solana or, you know, some of the, some of the blockchain things. So, so is it just that. Is it just a, an adoption issue? Because you live in a, in a different world. You live in a world of blockchain and Bitcoin is, its currency. It’s weird, right? Because I, I’m writing this feed like, so Buck, where are you right now? Where, where, where are you located? I’m in Santa Barbara. You’re in California. So, yeah, so I’m in Toronto, right? Uh, you know, I lived in, worked in the States for, you know, a decade, a couple of decades, and I’m back home and it’s like, man, they don’t get it. Right, and, and, and, and what am I talking about? Well, well, this, this is the, the thing that you’ve gotta understand is this, right. Ethereum was invented by Vladi Butrin in this town, Joe Alozo, who’s the head of one of the largest Ethereum groups. Father is a dentist at Bathurst and Spadina. We’re up here and people are saying, oh, you know, president Trump don’t talk about being a 51st state. We act like a colony, duke. We are a, you know, we forget about calling us one. We are. So, look, it, look, there is no doubt in my mind that Ethereum is going to have a place and, and we’re going to use it. Seems like we’re going to use Ethereum and that’s the smart contract, you know? Um. And that’s fine. Um, you know, but going back in time. But, but remember, there’s not per, there’s not perfect scarcity there. So I like Ethereum, don’t get me wrong, but I look at Bitcoin and I look at the, I look at the scarcity, and I also look at the fact of, you know, what sa, what Sailor, if you sailor did a presentation in the middle of next year and all hell broke loose. What he did, and it’s, you know, and of course I’m hypothesizing. He basically went to New York and said, I am going to create fixed income products and I am going to give yields. On those products, and I’m coming after the stranded capital that sits on Wall Street that you guys have been ripping on for years. In the middle of last year, staler went public and declared war. Okay. Are we surprised that Jim Shane Oaks came out and everybody came out basically guns a blazing. Are we surprised? But what he, what Sailor did and put and slammed on the table is it’s pristine capital, it’s transparent capital. And what are you willing to pay for that? And now you GARP banks trading at. We have no idea what their capital structure really is. Honestly, we have an idea, but it’s very opaque, right? You know, the high quality names are trading at two, two to, you know, two times tangible book. You’ve got fintech’s companies trading at four to five times, right book, and you know, what’s Sailor doing right now? Diluting his stock so he can buy as much Bitcoin as he wants because he sees the next game. He says the hell with what you guys think the next game is going to be. Wall Street’s going to realize that Bitcoin is pristine capital and there’s only 21 million of it. What do you and, and what just happened today? What did Morgan Stanley just file a treasury company. So everything you and I are talking about, they know they’re smart guys, right? They’re real, they’re not. That’s, this is the whole point. They’re really, really, really smart. Okay. They see they’ve gone through the history. They know. Okay, so you’re sitting there, you get around the room, you say, so wait a minute. Wait. Whoa, sailor’s over here. And he’s basically saying he’s gonna give you a a pref that’s basically backed by Bitcoin charging 10%. And he’s going after our corporate clients. I mean, and what’s the pitch Buck? You’ve got a hundred million dollars. Okay, you got a hundred million dollars in the kitty. Okay, buck. What happens is you need $10 million a year for working capital, which is in cash, which means you’ve got $90 million sitting there idle. Hey, buck, I can give you 10% on that. You go to Jamie, he’s giving you two. What are you gonna do? Yeah. I think one of the issues right now is I the, the perceived risk profile of that. Right. Uh, you know. I tend to agree with you about the, uh, pristine nature of Bitcoin s collateral, but just in general, the perception. I don’t know that, that that’s. That’s the case. Well, you gotta go back to the fact that, do you think Bitcoin’s going to zero or not? No, of course not. Yeah. ‘ cause the Bitcoin doesn’t go to zero. There’s no, then, then that are, there’s Bitcoin could go to zero. There’s no, I mean, I don’t think, I mean, non-zero probability, of course, right? I don’t think it is. And if that has been, if it has been selected and now you have Wall Street coalescing it, I haven’t even mentioned the president of the United States or his family. Right. Uh, or the Commerce Secretary and his family, right? Or if you go to New York, wall Street, right, they’re all talking about it, right? So, I, I, you know, to me, I, I, the question about micro strategy, to me it’s not. That it’s a treasury company and it’s got a pile of Bitcoin. What does he do with it? Does he become a bank? Like why does it, this is me. I’m pitching him. Right. Hey, Mike, why don’t you just become a FinTech, say you’re like a FinTech company and you’ll get, and you, you’re gonna instantaneously trade it five to six times book. Why don’t you, why are you, you’re talking like you’re attacking them, but you’re still, you’re still a software company with a, with a big whack of Bitcoin that you are writing pres. Right? So, and, and so that’s, that’s how I look at it. I think the wave is too big. We are going to digitize. And the other thing that we didn’t really touch on with respect to AI and blockchain, and I’m gonna paraphrase the president. Right. Um, Mr. Trump is, look, um, it’s a matter of national security, duke, and when I hear that, I go back to the nineties in the eighties when I was in late eighties when I was an undergrad. Right. And it wasn’t China, it was Japan. And, and you know, what happened was, you know, it, it’s funny, Al Gore did deregulate so that. The internet could become for-profit. We all stood around and said, you know what the hell could, how do we make money on this? That’s, you know, what do we do? And then what did we do? We, we, we threw a ton of money at it and the United States controlled it. And what did we get out of it? We got out, we got, you know, all those companies. Right. The last thing I would say to you, and this is much more of a personal story, is I, when I was younger, I was in New York and it was 2000 and I was at the Grand Hyatt, and it was a tech, it was a tech conference and, uh, Larry Ellison Oracle was there and he gave a, he gave a, he gave a a, a fireside chat. Then, um, we go to a breakout room and, you know, in a break, I don’t know about if you’ve been to one, but you go to a breakout room, it’s a smaller room at the hotel, and you know, sometimes you got 25 people, sometimes you got 50 people, right. And, you know, I went to the, I went to the breakout with Mr. Allison ’cause of Oracle and I went in there and it was absolutely jammed and I was sweating and he just looked at us and he just ripped us. He AP Soly, just, I still have the scars today. I’m talking to you about it. Okay. He called it a bubble. He called it a bubble. He, he was early in calling it a bubble. I never forgot that. And then you sit there and see what he’s doing right now. Where he’s levering up the balance sheet. Now, to me, having survived in this game for such a long period of time, and I call it a game, it’s a game of strategy, whatever, you know, how does that not, you know, I would say to you, we were, your office was next to mine. Fuck. I remember New York, he’s loading the goose loaded in. He go in, he’s borrowing money from his grandmother. He’s, you know, what is going on. And he’s really stinking smart. You know, he’s, he, Larry Allenson just doesn’t do, and people, oh, he’s in, you know, he’s, no, he’s not, he’s, he’s like the mentor of all of these guys. You know what I mean? So there’s a, to me, there’s a discontinuity that these need to believe that we’re still early on because you know, what, if Larry’s, what do we take when Larry or Mr. Ellison is leveraging up to me, it’s profound because I’m anchoring off of my bias to the New York, the New York high at, at the Tech Co. I think it was, I think it was at Bear Stearn. I couldn’t remember Bear Stearns or Lehman. But you know, one of those I carry that experience on with the rest of my life. I do. It’s like, what is Larry thinking? Right? So he’s leveraging up buck. That’s all I know. He’s a priest or guy. Well, that’s probably a good place for us to stop, Jim, uh, chief, uh, market strategist at Wellington Elta Private Wealth. Thank you so much for joining me. Thanks so much and be safe. You make a lot of money but are still worried about retirement. Maybe you didn’t start earning until your thirties. Now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Now, good news, if you need to catch up on retirement, check out a program put out by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide financial protection to your family if something happens. The concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealth formula banking.com. Welcome back to the show everyone. Hope you enjoyed it. Uh, and, uh, as I said before, do not ignore ai. This is something that you need to start using. Have your kids start using it. Uh, make sure that they, you know. They use it every day because this whole world is turning AI and it’s gonna happen. You know, it’s gonna happen in, in a blink of an, uh, blink of an eye. And the world is gonna change and there are gonna be real winners out there. And the winners are gonna be people who knew where there was, was going and kind of used it in their mind’s eye as they looked on navigating how. You know how to allocate their money. Anyway, that is it for me. This week on Wealth Formula Podcast. This is Buck JJoffrey signing off. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit wealth formula roadmap.com.
Seth and Sean discuss the disaster that was the Texans' offensive operation yesterday, and why it primarily lies on the shoulders of Caley, DeMeco and Stroud.
What happens when a life marked by violence, addiction, prison, and underground MMA is completely transformed by faith?In this powerful episode of The Resilient Show, host Chad Robichaux sits down with Garrett Gross, a professional MMA fighter, gym owner, and Christian leader whose story is as raw as it is redemptive.Garrett opens up about growing up in chaos, battling addiction from a young age, spending time in prison, and fighting professionally while still trapped in destructive cycles. From fighting with an ankle monitor to breaking his jaw on Dana White's Contender Series, Garrett's life looked successful on the outside but was completely broken within.Everything changed when Garrett surrendered his life to Christ and committed to sobriety. Today, he runs Backwoods American Jiu Jitsu, mentors young men, disciples athletes, and runs Operation 17-2 to expose and stop child predators, placing himself directly in harm's way to protect the innocent.This is not a polished testimony.It's a real one.If you're searching for purpose, struggling with addiction, questioning what biblical manhood really means, or wondering if redemption is still possible, this episode is for you.Follow Garrett on Instagram: https://www.instagram.com/officialgarrettgrossRESILIENT:Live Resilient Store: https://shop.theresilientshow.comJoin Our Patreon: https://patreon.com/theresilientshowFollow Us On Instagram: https://www.instagram.com/resilientshowFollow Us On Twitter: https://twitter.com/resilientshowFollow Us On TikTok: https://www.tiktok.com/@resilientshowFollow Chad:https://www.instagram.com/chadrobo_officialhttps://www.x.com/chadroboSPONSORS:Smith & Wesson: https://www.smith-wesson.com/Vortex Optics:https://vortexoptics.comGatorz Eyewear: https://www.gatorz.com/Allied Wealth:https://alliedwealth.comBioPro+: https://www.bioproteintech.com/CHAD30BioXCellerator:https://www.bioxcellerator.comThe Holy Waters:https://theholywaters.comGet The Resilient Show x Uncharted Supply Co Bag: https://shop.theresilientshow.comTRS is a proud supporter of military & first responder communities in partnership with Mighty Oaks Foundation.
Jason talks with listeners as ICE operations continue in Minnesota. With the Pentagon set to bring troops into town, how long do we think this is going to last? (Photo by Stephen Maturen/Getty Images)
1. Support for Regime Change Without “Boots on the Ground” Regime change can be morally and strategically justified when it leads to the fall of tyrannical or hostile regimes (e.g., Soviet Union, Iran). Strongly distinguishes between: Non-military or indirect regime change (diplomatic pressure, moral support, rhetoric, economic pressure) Full-scale military invasions, which the speaker opposes based on lessons from Iraq and Libya. Frames “regime change” as a concept unfairly discredited due to past U.S. military failures. 2. Historical Analogy: Reagan and the Cold War Ronald Reagan is a model: “Peace through strength,” rebuilding the military without large-scale invasions. Moral clarity and public rhetoric (e.g., “evil empire,” “tear down this wall”) are catalysts for systemic collapse. The power of words and leadership signaling can inspire dissidents inside authoritarian regimes. 3. Iran as an Active Enemy of the United States Iran is fundamentally different from prior dictatorships: Actively funds terrorism targeting Americans Governed by a theocratic regime portrayed as irredeemable Open U.S. rhetorical and moral support for Iranian protesters and dissidents. Acknowledges uncertainty and risks following a revolution but argues the status quo is worse. 4. Venezuela: Engagement With María Corina Machado A bipartisan Senate meeting with Venezuelan opposition leader María Corina Machado following her meeting with President Trump. Highlights her strategic emphasis on: U.S. unity Avoiding partisan attacks on Trump She is an effective, pragmatic opposition leader acting in Venezuela’s national interest. Strong ties between U.S. senators and Venezuelan communities, especially in Florida and Texas. 5. Trump’s Role in Global Opposition Movements Donald Trump’s leadership and rhetoric is a motivating force behind opposition movements in: Iran Venezuela Cuba These three countries are simultaneously nearing potential regime collapse or elections. Claims this could represent the most significant geopolitical shift since the fall of the Berlin Wall, while acknowledging high risks. 6. Military Operation Against Maduro (U.S. Arrest) A recent military raid targeting Nicolás Maduro: Maduro described as being protected by Cuban military forces Operation allegedly resulted in: No American fatalities Multiple enemy combatant deaths The Senator visited three wounded U.S. soldiers recovering in San Antonio. Emphasizing: Their bravery Their role in “changing the Western Hemisphere” Symbolic gestures (retrieving bullets/shrapnel as mementos) Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and The Ben Ferguson Show Podcast Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening YouTube: https://www.youtube.com/@VerdictwithTedCruz/ Facebook: https://www.facebook.com/verdictwithtedcruz X: https://x.com/tedcruz X: https://x.com/benfergusonshowYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.
AP correspondent Julie Walker reports a judge rules that ICE can't detain or tear gas peaceful protesters in Minneapolis.
In this installment of Critical Hit, the team looks for an alternate entrance to Melvin's lair. Character sheets and battle map images for this episode are available at Patreon.com/MajorSpoilers RSS Feed Subscribe via Apple Podcasts Show your thanks to Major Spoilers for this episode by becoming a Major Spoilers Patron at Patreon.com/MajorSpoilers. It will help ensure Critical Hit continues far into the future! Join our Discord server and chat with fellow Spoilerites! (https://discord.gg/jWF9BbF) Contact us at podcast@majorspoilers.com
Become a member at www.blackwhitenetwork.com for just $10 per month with a 7 day FREE TRIAL and get exclusive content and extra discounts on merch!Member stream at 10am CST every Friday UNCENSORED!Locals: https://blackandwhitenetwork.locals.comBecome a monthly subscriber to the podcast: https://podcasters.spotify.com/pod/show/blackandwhitenetwork/subscribeFollow us on Rumble: https://rumble.com/user/BlackandWhiteNewsFollow Black and White Sports on Rumble: https://rumble.com/user/BlackandWhiteSports
58 MinutesPG-13Thomas777 is a revisionist historian and a fiction writer.We take a break from the 30 Years War series and talk about the Zionist Operation "Cast Thy Bread."Radio Free Chicago - T777 and J BurdenThomas777 MerchandiseThomas' Buy Me a CoffeeThomas' Book "Steelstorm Pt. 1"Thomas' Book "Steelstorm Pt. 2"Thomas' WebsiteThomas on TwitterThomas' CashApp - $7homas777Pete and Thomas777 'At the Movies'Support Pete on His WebsitePete's PatreonPete's SubstackPete's SubscribestarPete's GUMROADPete's VenmoPete's Buy Me a CoffeePete on FacebookPete on TwitterBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-pete-quinones-show--6071361/support.
Protests flared in Minnesota after the second shooting involving federal agents. A federal officer shot a man in the leg yesterday during an attempted traffic stop about 12 miles from where an ICE officer fatally shot Renee Nicole Good last week. The Department of Homeland Security said the shots were fired after law enforcement officials were attacked with a shovel and a broom in the midst of a targeted traffic stop. The man federal agents shot was hospitalized with injuries that are reportedly non-life-threatening. Meanwhile, Trump is now threatening to invoke the "Insurrection Act" in Minnesota. We welcome Russ Baker, Editor of WhoWhatWhy.org to discuss politics. Former Federal Prosecutor, now defense attorney, David Katz offers a legal perspective on the latest big cases.
We’re joined by former City of Toronto chief planner Gregg Lintern to discuss priorities for Canadian cities. Plus: we visit Cascadia to see what has come from the mega-region’s decade-long formal partnership.See omnystudio.com/listener for privacy information.
See omnystudio.com/listener for privacy information.
Franco Malki är hjärnan bakom en av Sveriges största bedrägerihärvor. Nu talar han ut. Lyssna på alla avsnitt i Sveriges Radios app. På franska Rivieran glider det runt en man som är känd under många olika identiteter. Somliga känner honom som den bulgariska affärsmannen Stayko Donchev. Han äter på de finaste restaurangerna, får lyxbehandling på casinot i Monaco, bor i en flådig villa i Cannes och kör runt i en blå Ferrari.Men hans riktiga namn är Franco Malki. En kille från Rinkeby, med ett digert brottsregister och som har kommit att bli hjärnan bakom den enorma bedrägerihärvan Operation Casino.En av Sveriges största bedrägerihärvorAllt nystas upp då en man grips på Landvetter med en halv miljon kronor innanför jackan. Det blir startskottet på polisens jakt efter huvudmannen. Spåren leder dem ner till den franska Riveran och mystiska transaktioner på exklusiva casinon. Medverkande:Franco Malki.Richard Hugosson, polis.Jim Rugsten, tulltjänsteman.Emelie Carlström, polis.Maja Kullinger, åklagare.Jale Poljarevius, polis.Thomas Bälter, åklagare.En dokumentär av: Viktor Papini.Producent: Paloma Vangpreecha.Dokumentären är producerad 2026.
Operation Valkyrie & Asmahan: July 1944 Part 2. Hunter Bizzle and Gruff cover Operation Valkyrie, the plot to assisinate Hitler and the mysterious death of Arab superstar Asmahan in July of 1944.
In this episode of the ChinaPower Podcast, Ryan Berg and Evan Ellis join us to assess the regional and global implications of the U.S. capture of Nicolas Maduro in Venezuela. They discuss how Beijing is interpreting the operation, what it signals about U.S. priorities, and the lessons China may draw for its military planning and approach to Taiwan. Ryan Berg is director of the Americas Program and head of the Future of Venezuela Initiative at CSIS. Evan Ellis is a research professor of Latin American studies at the U.S. Army War College Strategic Studies Institute and a nonresident senior associate in the Americas Program at CSIS.
H. Alan Scott/Sadie Pines and Kerri Doherty revisit The Golden Girls season 1 episode "The Operation" where they discuss the history of Morton's Neuroma, the brilliance of Anne Haney, and why Dorothy's fear of that hospital was completely warranted. Join the GG VIP Club at Patreon.com/GoldenGirlsPodcastWatch video versions of the podcast on YouTube.com/OutonTheLanaiFor more Golden Girls greatness, visit OutOnTheLanai.com and follow us at...instagram.com/OutOnTheLanaiOfficialfacebook.com/GoldenGirlsPodcasttwitter.com/GoldenGirlsPodFOLLOW H. ALAN SCOTT/SADIE PINES...instagram.com/SadiePinesinstagram.com/HAlanScottlinktr.ee/HAlanScottFOLLOW KERRI DOHERTY...instagram.com/squidsytwitter.com/SquidEatSquidSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
With Patch needing to run off and provide medical aid, it's up to Raven and Owl to solve the problem. Can they figure out what's going on with the corrupt news editor, and stop the spread of lies?Scum and Villainy is a sci-fi Forged in the Dark game by Stras Acimovic and John LeBoeuf-Litte of Off Guard Games, of doing odd jobs and writing wrongs in a complex galaxy. It is available in print and PDF from Evil Hat Productions, as well as Indie Press Revolution, and in PDF from Off Guard's itch.io. Free resources can also be found at Off Guard Games' website.Greg - GM / Greeg / Baby Legend (The Pilot)Dan - Poe / Raven (The Muscle)Laura - Shakti / Owl (The Speaker)
DryCleanerCast a podcast about Espionage, Terrorism & GeoPolitics
n this conversation, Jack Murphy discusses his military background and transition into journalism, focusing on his reporting of Operation Absolute Resolve. He shares insights into the planning and execution of the operation, the legal and strategic implications, and the broader context of U.S. foreign policy. Murphy emphasizes the importance of understanding the consequences of military actions and the need for caution in future operations.Subscribe and share to stay ahead in the world of intelligence, global issues, and current affairs.Read Jack's reporting on the raid for The High Side: https://thehighside.substack.com/p/bold-delta-force-raid-leads-to-captureSubscribe to The High Side: https://thehighside.substack.comFollow Jack on Bluesky: https://bsky.app/profile/jackmurphyrgr.bsky.socialSupport Secrets and Spies Become a “Friend of the Podcast” on Patreon for £3/$4: https://www.patreon.com/SecretsAndSpiesBuy merchandise from our shop: https://www.redbubble.com/shop/ap/60934996Buy us a coffee: https://buymeacoffee.com/secretsandspiesSubscribe to our YouTube page: https://www.youtube.com/channel/UCDVB23lrHr3KFeXq4VU36dgFor more information about the podcast, check out our website: https://secretsandspiespodcast.comConnect with us on social media Bluesky: https://bsky.app/profile/secretsandspies.bsky.socialInstagram: https://instagram.com/secretsandspiesFacebook: https://facebook.com/secretsandspiesSpoutible: https://spoutible.com/SecretsAndSpiesFollow Chris and Matt on Bluesky:https://bsky.app/profile/chriscarrfilm.bsky.socialhttps://bsky.app/profile/mattfulton.netSecrets and Spies is produced by F & P LTD.Music by Andrew R. BirdDoD Photo by Airman 1st Class Isabel TannerSecrets and Spies sits at the intersection of intelligence, covert action, real-world espionage, and broader geopolitics in a way that is digestible but serious. Hosted by filmmaker Chris Carr and writer Matt Fulton, each episode examines the very topics that real intelligence officers and analysts consider on a daily basis through the lens of global events and geopolitics, featuring expert insights from former spies, authors, and journalists.
Welcome to The Collective Perspective Podcast, where we're introducing a new chapter called The Contributor Series — conversations with people who build, serve, and contribute to society instead of simply consuming. This is technically the fourth interview of this Chapter.In this interview, hosts Jeff Aldrich and Travis Eadens sit down with John Green, CEO of Operation Barnabas, a grassroots organization dedicated to offering relentless help for America's veterans.John shares how Operation Barnabas began, how faith and community drive their mission, and the real challenges veterans face when transitioning back to civilian life. From navigating healthcare and finding purpose to building a brotherhood that lasts beyond service, this discussion is both eye-opening and inspiring.We talk about:• The origin and mission of Operation Barnabas• Overcoming invisible battles veterans face• How faith and community bring healing• Stories of transformation and relentless service• How everyday people can contribute to the mission The Contributor Series highlights those who make America stronger through action, compassion, and purpose.Subscribe for more conversations that challenge division, celebrate contribution, and strengthen community. The Collective Perspective Podcast Hosted by Jeff Aldrich & Travis Eadens Chapters (00:00:00) - Introduction to the Collective Perspective Podcast(00:00:34) - Welcoming John Green from Operation Barnabas(00:00:59) - Overview of Operation Barnabas(00:02:33) - Expansion and Jail Programs(00:04:47) - The Philosophy Behind Operation Barnabas(00:06:19) - Core Programs and Community Initiatives(00:10:10) - Success Stories and Transformations(00:13:08) - The Secret Recipe for Change(00:16:07) - Continuing Care for Veterans(00:19:07) - Organizational Changes(00:25:46) - Future Goals for Operation Barnabas(00:28:57) - Final Thoughts and Encouragement
THE US-MANAGED TRANSITION IN POST-MADURO VENEZUELA Colleague Ernesto Araújo. John Batchelor and Ernesto Araújo discuss the US-led operation that captured Nicolas Maduro. Araújo describes the current situation as a well-managed transition where the US is navigating internal power struggles among military factions and criminal gangs rather than allowing a power vacuum to form. NUMBER 91937 Venezuela
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This week we talk about Venezuela, Maduro, and international law.We also discuss sour crude, extrajudicial killings, and Greenland.Recommended Book: The Keep by F. Paul WilsonTranscriptBack in mid-November of 2025, I did an episode on extrajudicial killings, focusing on the targeting of speedboats, mostly from Venezuela headed toward the United States, by the US military. These boats were allegedly carrying drugs meant for the US market, and the US government justified these strikes by saying, basically, we have a right to protect ourselves, protect our citizens from the harm caused by these illegal substances, and if we have to keep taking out these boats and killing these people to do that, we will.There's been a lot of back-and-forthing about the legitimacy of this approach, both in the sense that not all of these boats have been shown to be carrying drugs, some just seemed to be fishing boats in the wrong place at the wrong time, and in the sense that launching strikes without the go-ahead of Congress in the US is a legally dubious business. There was also the matter of some alleged follow-up strikes, which seemed to be intended to kill people who survived the initial taking-out of the boats, which is a big international human rights no no, to the point of potentially being a war crime.All of this happened within the context of a war of words between US President Trump's second administration and the increasingly authoritarian regime of Venezuelan President Nicolás Maduro, who followed the previous president Hugo Chávez as his hand-picked successor, and has more or less completed the authoritarian process of dissolving, coopting, or diminishing all aspects of the Venezuelan government that might ever check his power, which allowed him, in 2024, to bar the very popular, now Nobel Peace Prize winning candidate María Corina Machado from running, and her sub-in candidate, like previous Maduro opponent Juan Guaido, seems to have won the election by a fair bit, and in an internationally provable way, but Maduro's government faked results that made it look like he won, and his single-party rule has since continued unabated.Or rather, it continued unabated until the early morning of January 3, 2026, around 2am, when US Operation Absolute Resolve kicked into action, leading to the—depending on who you ask—justified captured or illegal kidnapping—of Maduro and his wife from a stronghold in his country.And that's what I'd like to talk about today: the operation itself, but also the consequences and potential meaning of it within the context of other important things happening in the world right now.—Maduro is immensely popular with about a fifth of the Venezuelan population, but essentially everyone else is strongly opposes him and his iron-fisted rule.It's estimated that between 2017 and 2025, just shy of 8 million people, which is more than 20% of Venezuela's 2017 population, has fled the country in order to escape a tyrannical government and its failed policies, which have collapsed the economy, made getting working and feeding oneself and one's family difficult, and made crime, conflict, and the state-sanctioned oppression of anyone who doesn't kowtow to the ruling party a commonplace thing.Trump speculated about the possibility of invading Venezuela even in his first administration, and part of the overt rationale was that it's run by a failed government that most of the locals hate, so it would be an easy win. That justification shifted to orient around immigration and drugs by his second administration, and then more recently, Trump has said publicly that the real issue here is that Venezuela stole a bunch of US company-owned oil assets when it nationalized the industry back in the day, and those assets should be recaptured, given back to the US.Operation Absolute Resolve took months to plan and only about two and a half hours to complete. By most objective measures it was a spectacular military and intelligence success, especially considering all the moving parts and thus, all the things that could have gone wrong.The operation apparently involved at least 150 aircraft of various sorts, a spy within Maduro's government, and months of surveillance, which helped them establish Maduro's habits and routines, and that allowed them to map out where he would be, when, and what to expect going in to get him. All of these patterns changed in September of 2025 when US warships started massing in Caribbean, as Maduro started to get a little paranoid—justifiably, as it turns out—and he started moving between eight different locations, seldom sleeping in the same place more than one night in a row.He was eventually grabbed from a military base in Caracas, Venezuela's capitol, and to make that happen the US military assets in the area had to take out local aviation and air defenses so that US Delta Force troops could be carried in by helicopter. Several air bases and communications centers were taken out by missiles, and fighter jets were bombed on air base tarmacs. Trump alluded that a cyberattack of some kind might have also been used to take out power in the area, though satellite imagery suggests bombs might have been used against a power station to make that happen.The operation apparently went almost exactly as planned, though a helicopter was damaged and the Delta Force team killed a large part of Maduro's security team when he refused to surrender. A few US soldiers were wounded, but none were killed, and Venezuelan officials said, in the aftermath, that lat least 40 Venezuelans were killed throughout the country during the operation. Maduro and his wife were swept from the base before they could lock themselves in their safe room, and they were tucked into the helicopters which headed out to sea, landing them on the USS Iwo Jima, which is an assault ship.All of this took a matter of hours and, again, is generally considered to be an objective success, in terms of precision, outcome, and other such metrics. Morally, legally, and politically, however, the operation is receiving a far more mixed response, and that response is continuing to play out as Maduro works his way through a bizarre version of the US justice system where he's being sent to court for drug dealing.In the US, Trump supporters have generally said all of this was a good, smart move, though some maintain that US involvement in any kind of international conflict is a waste of time, effort, and resources, and they worry about getting bogged down in another Iraq or Afghanistan-style conflict.Everyone else is generally against the effort, even those who admit that Maduro was a tyrant who needed to go—it's good that he's gone, but the way in which it was done is not just questionable, but worrying because of what it says about Trump's capacity to unilaterally launch kidnapping missions against the leaders of other countries. Not a good look, but also kind of scary.Internationally the response is generally aligned with the latter opinion, especially in other countries that Trump has at some point threatened, which is most of them.Governments in South and Central America have been especially concerned, however, because one of Trump's newer messaging efforts has revolved around the concept of a Western Hemisphere basically owned and protected by the US. Do whatever you want in the rest of the world, basically, but everything over here is ours. This has raised the possibility that an emboldened Trump might attempt similar maneuvers soon, including possibly claiming the Panama Canal for the US again, or grabbing the leaders of other Latin American countries he doesn't think are kowtowing enthusiastically enough; toeing the new international line that he's drawing, basically.He's also renewed messaging around the possible purchase or capture of Greenland, which has been raising alarm bells across Europe in particular. Greenland is considered to be a vital strategic base for US security, and it would grant potential access to an abundance of also strategically and economically important minerals, both on land and underwater, but Greenland is an autonomous territory of Denmark, and most European leaders have said something along the lines of “if the US takes action to militarily claim Greenland, that'll be the end of NATO,” an organization that was originally founded to help protect the world, and Europe especially, from military conquest from the Soviet Union, but which, at that point, might be recalibrated to protect against incursions from the US, as well.NATO has been mostly funded and perpetuated by the US until recently, however, so there's a chance that something else would need to replace it, if the US is no longer providing nuclear deterrence as the ultimate whammy against a potential Russian invasion of its European neighbors.The UN has also indicated that they consider this operation to be a violation of international law, and have called it a dangerous precedent—because one nation capturing the leader of another nation, unilaterally, kind of negates the purpose of negotiations and the whole concept of international law. That kind of use of force is meant to be granted by the UN, not attempted secretively and outside the bounds of international processes for such things.All that said, the Trump administration seems to be leaning into the victory, gleefully talking about next-step potential targets, the most likely of which seem to be in Iran, a long-time US opponent, and a target of this administration last year, when the US attacked Iranian nuclear facilities alongside Israel.There are ongoing, very large and seemingly significant protests happening across Iran right now, so the US could see this as another opportunity to topple another unpopular authoritarian regime while also getting the chance to flex its military and intelligence capabilities at a moment in which another big-name player in that space, Russia, is generally flailing; it's failed to protect several of its allies, including Venezuela, over the past few years, and its intended few-day invasion of Ukraine has now stretched into years.That contrast is considered to be meaningful by most analysts, and though a lot of the PR about the capture of Maduro has focused on the oil, most US-based oil executives have said it's a red herring—the hundreds of billions of dollars required to get more of Venezuela's thick, dirty, expensive to process oil pumping and back on the market wouldn't be worth it—and it's more likely that this is partly a means of keeping the press and US public focused on something other than the Epstein files, which is a major scandal for Trump and his administration, while also allowing Trump to test the boundaries of his power; what the public and government will let him get away with currently, and what he can do to expand the range of what he can do without any outside buy-in or significant personal consequences, in the future.Show Noteshttps://theconversation.com/how-maduros-capture-went-down-a-military-strategist-explains-what-goes-into-a-successful-special-op-272671https://archive.is/20260105035543/https://www.theatlantic.com/national-security/2026/01/trump-nicolas-maduro-venezuela/685493/https://www.wsj.com/business/energy-oil/chevron-charts-a-new-path-in-venezuela-to-unlock-vast-oil-reserves-0369ce1bhttps://www.theguardian.com/world/2026/jan/04/tactical-surprise-and-air-dominance-how-the-us-snatched-maduro-in-two-and-a-half-hourshttps://www.nytimes.com/2026/01/10/us/politics/trump-iran-strikes.htmlhttps://www.nytimes.com/2026/01/10/nyregion/nicolas-maduro-lawyers.htmlhttps://www.nytimes.com/2026/01/10/business/dealbook/oil-executives-trump-venezuela.htmlhttps://www.nytimes.com/2026/01/10/world/americas/venezuela-oil-tanker-us.htmlhttps://www.axios.com/2026/01/11/trump-iran-protest-options-death-tollhttps://www.axios.com/2026/01/03/maduro-capture-trump-venezuela-operationhttps://www.axios.com/2025/05/11/trump-maga-western-civilizationhttps://www.axios.com/2026/01/08/venezuela-war-powers-senate-aumf-time-kainehttps://www.axios.com/2026/01/07/trump-russia-oil-tanker-seize-bella-venzuelahttps://www.axios.com/2026/01/08/trumps-donroe-doctrine-sets-us-on-great-power-collision-coursehttps://www.theguardian.com/world/2026/jan/05/un-security-council-trump-attack-venezuelahttps://www.nytimes.com/2026/01/08/us/politics/trump-interview-power-morality.html This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe
War Room Pentagon Acquires Havana Syndrome Device Through Undercover Operation, Trump Issues New Statement on Jerome Powell & Scott Adams Passes Away at 68
Coming home was supposed to be the safe part. For the 1st Battalion 17th Infantry, it did not work out that way. They lost 22 soldiers during their 2009 to 2010 Afghanistan deployment, then as many more after returning home. At one funeral, a soldier finally said what many were thinking: "When is someone going to do something about this?" That question pushed former platoon leader Adam Swift to start searching for an answer in the middle of the night, which led him to The Independence Fund and its unit retreat program, Operation Resilience. Scott sits down with Adam and Independence Fund Deputy Chief of Operations Steven Rozina to hear how Operation Resilience brings entire units back together for a long weekend. Flights are covered, the veteran pays nothing, and the schedule blends fun sober events like NASCAR and hockey with long, guided clinical sessions. Units literally map out their deployment, from pre-mob through the worst days downrange and into life back home, finally talking through firefights, IED blasts, and moral injuries they have carried alone for years. Adam shares what it was like to watch brothers he had not seen in 15 years walk out of the hotel elevators, and how The Independence Fund quietly recreated the teepee memorial from their FOB so the unit could honor their fallen around a final-night bonfire. You will also hear exactly how to get your own unit considered for Operation Resilience and why you do not need to be in command to step up and start the process. Timestamps: 00:03:30: The suicide funeral that sparked Operation Resilience and a hard decision to say no more 00:09:30: Adam realizes being home feels more dangerous than Afghanistan after losing 22 more brothers 00:15:15: Inside the marathon clinical session, where the unit spends eight hours walking through their deployment 00:17:45: Elevators open, brothers step out, and a battalion reconnects after 15 years apart 00:49:15: Scott's challenge to listeners to be the one who steps up and brings their unit to Operation Resilience Links & Resources Veteran Suicide & Crisis Line: Dial 988, then press 1 The Independence Fund Website: https://independencefund.org/ Operation Resilience: https://independencefund.org/pages/operation-resiliency Follow The Independence Fund on X: https://twitter.com/indyfund Follow The Independence Fund on Facebook: https://www.facebook.com/TheIndependenceFund/ Follow The Independence Fund on Instagram: https://www.instagram.com/independencefund/ Follow The Independence Fund on LinkedIn: https://www.linkedin.com/company/the-independence-fund/ Follow The Independence Fund on YouTube: https://www.youtube.com/channel/UCUrXtHO1C7HiGNSoOfWlqwg Follow Adam Swift on LinkedIn: https://www.linkedin.com/in/adam-swift-281a688b/ Follow Adam Swift on Facebook: https://www.facebook.com/adam.swift.940 17th Infantry Association: https://www.17thinfantry.org/ Transcript View the transcript for this episode.
Stateline Church exists to help people find and follow Jesus.Fill out a Start Card: https://www.stateline.church/start-here/Learn more about what's happening at Stateline: https://www.stateline.church/events/Join a Stateline Group: https://www.stateline.church/groups/Join the team of volunteers: https://www.stateline.church/serve/Learn more about Stateline Students: https://www.stateline.church/students/Learn more about Stateline Kids: https://www.stateline.church/kids/
Legal Docket on immigration courts, Moneybeat on banning institutional homebuyers, and History Book on the toppling of Manuel Noriega. Plus, the Monday morning newsSupport The World and Everything in It today at wng.org/donateAdditional support comes from Ambassadors Impact Network, a nationwide community of angel investors who work together to evaluate and fund companies advancing the gospel through business. Members share diligence, learn from peers with private equity and entrepreneurial backgrounds, and invest individually in opportunities they select. Since 2018, members have deployed over $26 million into more than 60 companies. Learn more at ambassadorsimpact.comFrom His Words Abiding in You, a Podcast where listeners memorize Bible verses in each episode. His Words Abiding in You, on all podcast apps.And from Ridge Haven Camp in North Carolina and Iowa. Summer Camp registration open now at ridgehaven.org
Will Trump Use US Military For Iran 'Regime Change' Operation by Ron Paul Liberty Report
Hello all you beautiful people, happy new year. I'm gearing up for 2026 after a few set backs at the end of last year that we'll get into in a future episode. But today we're talking with Alyece Smith, founder of Socially Ausome, a neurodivergent entrepreneur coach, and the host of The ADHD CEO Podcast. She specializes in helping business owners build sustainable systems that actually work for their brains rather than against them. In our conversation today, we get into why we often feel the need to "earn our rest" and how that can lead to burnout. We also jump into how to systemize your life to save your brainpower for what actually matters. Alyece shares her "DMO" or Daily Method of Operation, and how she uses routine to cut down on daily choices. We also talk about the trap of monetizing every hobby, finding clarity in what actually fulfills us, and why knowing why your brain works the way it does is often more helpful than just trying to force a square peg into a round hole. If you'd life to follow along on the show notes page you can find that at HackingYourADHD.com/264 YouTube: https://tinyurl.com/y835cnrk Patreon: https://www.patreon.com/HackingYourADHD This Episode's Top Tips Try using Voice Memos to prevent context switching. When you feel a spiral coming on or have too many ideas, use a voice-to-text app (Alyece recommends "Voice Pen") to brain dump everything immediately. This allows you to get the thoughts out without stopping your current workflow. Once you have a brain dump, categorize items by the "mode" required to complete them (e.g., calls to make while driving, emails to answer at your desk, errands to run). This helps you batch tasks based on where you are, rather than just creating a deadline. Track your natural energy peaks to identify your "Spark Times." Save your high-value creative or money-making tasks for these windows, rather than wasting that high energy on low-priority admin work. Work on identifying "Fake" productivity. Be honest with yourself about whether you are creating tasks just to feel busy or "earn" your rest. If you are inventing work to avoid important tasks or to feel productive, it's a sign you need to pause and figure out what's really a priority in that moment (hint: it's usually taking care of one of your basic needs).
A jaw-dropping account is emerging from Venezuela that could rewrite the rules of modern warfare.
Radiology is one of those departments that we rely on every single day in the OR, but don't always stop to think about how much coordination is required for our two departments to work together. In this second episode of Operation: Collaboration, we sit down with April Hughes, a radiologic technologist, to explore how radiology supports surgical care before, during, and after the procedure. From juggling limited C-arms and tracking constantly changing schedules to the importance of real-time communication between departments, this conversation is a reminder that safe, efficient surgical care truly depends on teamwork beyond the red line. Tune in to learn more! #operatingroom #ornurse #radiology #scrubtech #radtech #nurse #surgery
With Founder and President Dallas Knight, and Erin Alexander, a Navy veteran helping the organization as it expands into the Bozeman area. The post Operation Juliet Addresses Unique Challenges for Women Veterans first appeared on Voices of Montana.
US INTERVENTION IN IRAN: FROM OPERATION AJAX TO THE SHAH'S FALL Colleague Brandon Weichert. This segment introduces Brandon Weichert's book, The Shadow War, and examines the history of USinterference in Iran. It details Ambassador William Sullivan's 1978 "Thinking the Unthinkable" memo, which suggested the Carter administration prepare for the Shah's removal as he weakened. The discussion highlights how the USconsidered Ayatollah Khomeini a potential replacement to stabilize Iran, a massive miscalculation. It also revisits the 1953 Operation Ajax, clarifying that pro-Western Iranian military forces, aided by the British and CIA, ousted Prime Minister Mosaddegh after he attempted to consolidate power and nationalize oil. SHADOW WAR BY BRANDON WEICHERT NUMBER1850 TEHRAN
Two OSS Agents (Jack Webb and Elliot Lewis) parachute into occupied France to organize resistance to the Nazis to support the Allied invasion. However, their efforts are threatened by a leak.Original Air Date: July 14, 1947Originating from HollywoodBecome one of our Patreon supporters at https://patreon.greatdetectives.netSupport the show on a one-time basis at http://support.greatdetectives.net.Mail a donation to: Adam Graham, PO Box 15913, Boise, Idaho 83715Take the listener survey at http://survey.greatdetectives.netGive us a call at 208-991-4783Follow us on Instagram at http://instagram.com/greatdetectivesFollow us on Twitter @radiodetectives
Sam and Dylan are back to break down the invasion of Venezuela, the capture of Maduro, Dan Bongino beefing on Twitter, Somali Daycares, the Arctic Blink, unconventional love and more. Purchase Tickets Here: https://samtripoli.com/events/Merch Store: https://conspiracy-social-club-aka-deep-waters.myshopify.com/Check out Dylan's instagram - @dylanpetewrenn Check out Deep Waters Instagram: @akadeepwaters PATREON IS HERE! Subscribe at Patreon.com/AkaDeepWaters for uncensored episodes extra long episodes every week. Check out Bad Tv podcast: https://bit.ly/3RYuTG0Thanks to our sponsors!HIMS.COM/CSCSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This is The Briefing, a daily analysis of news and events from a Christian worldview.Part I (00:14 – 11:24)Where are the Young Husbands? Even Secularists are Noticing Our Society’s Manhood CrisisAmerica Needs More Husband Material by The Wall Street Journal (William A. Galston)The Power of Marriage: Combatting the Great Lies of Our Secular Age and Recovering the Key to Human Flourishing by Thinking in Public (R. Albert Mohler, Jr. and Brad Wilcox)Part II (11:24 – 14:49)Is the Cross Truly the Center of the Gospel? — Dr. Mohler Responds to Letters from Listeners of The BriefingPart III (14:49 – 17:09)Your Use of Pronouns for the Trinity is Contradictory. — Dr. Mohler Responds to Letters from Listeners of The BriefingPart IV (17:09 – 21:33)How Should Young Christians Read the Classics While Navigating Sexual Issues Within Them? — Dr. Mohler Responds to a Letter from a 16-Year-Old Listener of The BriefingPart V (21:33 – 23:52)How Should I Engage Political Issues as a Young Man? — Dr. Mohler Responds to Letters from a 16-Year-Old Listener of The BriefingPart VI (23:52 – 25:55)Should the U.S. Execute an Operation in Cuba As They Did in Venezuela? — Dr. Mohler Responds to Letters from a 16-Year-Old Listener of The BriefingPart VII (25:55 – 28:51)Is the Attempt to Use A.I. to Translate All Languages an Attempt to Overthrow God’s Judgement at the Tower of Babel? — Dr. Mohler Responds to Letters from Listeners of The BriefingSign up to receive The Briefing in your inbox every weekday morning.Follow Dr. Mohler:X | Instagram | Facebook | YouTubeFor more information on The Southern Baptist Theological Seminary, go to sbts.edu.For more information on Boyce College, just go to BoyceCollege.com.To write Dr. Mohler or submit a question for The Mailbox, go here.
It's an Emmajority Report Thursday on the Majority Report On today's program: ICE agents kill legal observer Renee Good, shooting her point-blank in the head. Donald Trump takes to Truth Social to spread false claims of self-defense and smear Good's character. In lockstep with the president, Jesse Watters delivers a glib monologue attempting to justify the killing by pointing to the fact that Good had "pronouns in her bio," was a lesbian, and was a protest disruptor. Within an hour of the murder, Kristi Noem hails the agent as a hero who "saved the lives" of fellow officers—despite video evidence showing the exact opposite. Here is a link to a Go Fund Me to support Renee's widow and children. The New York Times publishes a piece highlighting the 9 ICE-involved shootings since Trump took office. An eyewitness to the murder panels on CNN to recount what she saw and debunk the self-defense lie coming from the Trump administration. We take a look at some stills from the shooting which clearly show that the officer was in no danger and shot offensively. Nick Cleveland-Stout, research associate in the Democratizing Foreign Policy program at the Quincy Institute for Responsible Statecraft , joins Emma to talk about Big Oil's involvement in policy shaping think tanks and their role in the Venezuela invasion. In the Fun Half: Brandon Sutton joins the show. Brandon and Emma continue the conversation about ICE's violence. Dan Bongino returns to the podcast world with his tail tucked between his legs. Sen. Markwayne Mullin (R-OK) claims the U.S. removed an illegitimate president who was not democratically elected, but he has no answer when pressed on whether the newly elevated vice-president was democratically elected. AOC and Graham Platner reactions to the state sponsored murder in Minneapolis show what real leadership looks like. All that and more. Today's Sponsors: WILDGRAIN: Get $30 off your first box + free Croissants in every box. Go to Wildgrain.com/MAJORITY to start your subscription. SUNSET LAKE CBD: Use coupon code "Left Is Best" (all one word) for 20% off of your entire order at SunsetLakeCBD.com Follow the Majority Report crew on Twitter: @SamSeder @EmmaVigeland @MattLech On Instagram: @MrBryanVokey Check out Matt's show, Left Reckoning, on YouTube, and subscribe on Patreon! https://www.patreon.com/leftreckoning Check out Matt Binder's YouTube channel: https://www.youtube.com/mattbinder Subscribe to Brandon's show The Discourse on Patreon! https://www.patreon.com/ExpandTheDiscourse Check out Ava Raiza's music here! https://avaraiza.bandcamp.com
Guest: General Blaine Holt. The U.S. seized a Russian-flagged vessel, the "Bella 1," in the Atlantic, prompting a Russian submarine to track the operation. This Cold War-style confrontation highlights the risks of miscalculation as Washington enforces an energy quarantine against Venezuela, targeting shadow fleet vessels involved in illicit activities.
Guest: General Blaine Holt. The operation in Caracas revealed that Chinese-made air defense systems failed to detect U.S. aircraft. Electronic warfare capabilities and stealth technology likely blinded radars, rendering Russian missile systems useless. This success signals a crackdown on illicit networks, alerting regional leaders to U.S. resolve.
They told you it was about narco-terrorism. They told you it was about justice. They lied. The capture of Venezuelan dictator Nicolás Maduro isn't just a win for the DEA—it is a geopolitical earthquake involving oil, gold, silver, the war on terror, and a battle for global supremacy. In this explosive episode of Keeping It Real, Jillian Michaels sits down with Ex-CIA Covert Ops Officer Mike Baker (host of The President's Daily Breif) and Constitutional Attorney Josh Hammer to reveal what the mainstream media and partisan pundits aren't telling you. We strip away the headlines to expose the truth about what's really going on, why, and what is likely to happen next:
On today's episode, Andy & DJ dicuss Venezuelan President Nicolas Maduro declaring himself a decent man claiming he was kidnapped by US forces, over 1,000 arrested in a massive Minnesota operation, and the Trans gymgoer caught masturbating in a women's bathroom inside of Planet Fitness.
- Gerry argues that January 6 is a manufactured political operation, claiming key narratives about injuries, violence, and responsibility are collapsing under new scrutiny. - Praise for a rapid U.S. military operation that captures Venezuelan dictator Nicolás Maduro, framing it as precise, bloodless, and historically effective. - Democrats and legacy media are portrayed as incoherent and hypocritical, criticizing an arrest they previously demanded solely because it occurs under Trump. - Highlighting media figures being challenged on air by Trump officials, emphasizing moments where reporters appear unprepared or contradicted by facts. - Connecting foreign policy success, media outrage, and domestic corruption scandals to argue that institutional power is being exposed and destabilized. Today's podcast is sponsored by : BEAM : Improve your sleep with all natural ingredients in powder form. Visit http://ShopBeam.com/GERRY and use code GERRY for 40% off! Listen to Newsmax LIVE and see our entire podcast lineup at http://Newsmax.com/Listen Make the switch to NEWSMAX today! Get your 15 day free trial of NEWSMAX+ at http://NewsmaxPlus.com Looking for NEWSMAX caps, tees, mugs & more? Check out the Newsmax merchandise shop at : http://nws.mx/shop Follow NEWSMAX on Social Media: -Facebook: http://nws.mx/FB -X/Twitter: http://nws.mx/twitter -Instagram: http://nws.mx/IG -YouTube: https://youtube.com/NewsmaxTV -Rumble: https://rumble.com/c/NewsmaxTV -TRUTH Social: https://truthsocial.com/@NEWSMAX -GETTR: https://gettr.com/user/newsmax -Threads: http://threads.net/@NEWSMAX -Telegram: http://t.me/newsmax -BlueSky: https://bsky.app/profile/newsmax.com -Parler: http://app.parler.com/newsmax Learn more about your ad choices. Visit megaphone.fm/adchoices
Tom Homan was supposed to be retired, but he has returned to the fray one last time to spearhead President Trump's unprecedented operation to secure the border, undo the Biden immigration disaster, and expel the millions of people who should not be in our country. At AmFest, Homan explained the dramatic changes that have already happened within ICE, describes the even greater developments coming in the next year, and answers questions on prosecuting sanctuary city politicians and more. Join future CK Exclusives recordings in person by becoming a member at https://members.charliekirk.com/ Watch every episode ad-free on members.charliekirk.com! Get new merch at charliekirkstore.com!Support the show: http://www.charliekirk.com/supportSee omnystudio.com/listener for privacy information.
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Joe: Trump needs to explain how Venezuela operation makes the lives of Americans better To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The United States captured Nicolás Maduro, the Venezuelan president, over the weekend in a swift and overwhelming military operation. Mr. Maduro was pictured blindfolded, handcuffed and later brought to New York to face criminal charges.Eric Schmitt, a national security correspondent for The New York Times, tells the story of how the operation unfolded, and discusses what comes next.Guest: Eric Schmitt, a national security correspondent for The New York Times based in Washington.Background reading: President Trump said at a news conference that the United States would “run” Venezuela.Inside “Operation Absolute Resolve,” the U.S. effort to capture Mr. Maduro.See maps, videos and photos of how the capture unfolded.For more information on today's episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.