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A weekly news show informing you on the latest in Bitcoin, privacy and open source tech, hosted by Ungovernables, Max and Q.AOBFirst live show!Ungovernable.network updatesKeyOS 1.4 is outNEWSLiquid exploit: roughly 4,000 BTC withdrawn; return discussions ongoing-- TFTC, CoinDesk, Stacker News | Updates: OrangeSurf, Samson MowOrionx Exchange Collapses in Chile: $7M Missing, 100K Users Affected -- TFTCCoinbase/Better Bitcoin-Backed Mortgages Can Reuse Borrowers' Collateral -- CoinDeskHouse Cancels Late-September Votes, Squeezing CLARITY Act Window -- Roll Call, CoinDeskTrezor Breach Worse Than Reported: 67,000 More US Customers Exposed -- Bitcoin MagazinePocket Bitcoin Breach Links 291 Users' Identities to Bitcoin Addresses -- Pocket Bitcoin BlogColdcard Wave 3 Attacker Moves Stolen BTC Through THORChain -- TFTCTether Froze $42.4M USDT on a Verbal Homeland Security Request, No Warrant -- CoinDeskRELEASESHighlightsKeyOS v1.4.0 -- 2026-09-04Major release for Passport Prime with a redesigned launcher, app sideloading with granular permissions, multisig exports for Unchained and Casa, new wallet connections (Bitcoin Safe, Coconut Wallet), authenticator imports from Aegis and Proton, and PIN-before-seed-reveal. Includes security fixes: P2WSH/P2SH-P2WSH change output validation, enhanced ATECC608 entropy, and a PSBT trust_witness_utxo toggle addressing CVE-2020-14199.Cake Wallet 6.4.4 -- 2026-09-04Adds native Trezor hardware wallet support for Bitcoin cold storage and offline signing. Fixes a security vulnerability (GHSA-695v-fhpj-fv8x) where a malicious deep-link could cause EVM assets to be sent on an incorrect network. Also includes improved Monero sync visibility.Nunchuk Android 2.8.5 -- 2026-09-03Adds BitBox02 connectivity over Bluetooth and USB, integrates Krux hardware wallet support, and introduces emergency push notifications with home-screen alerts.RoboSats v0.8.7-alpha -- 2026-08-31Major update adding three new coordinators (Eleuteria, Freeport, Ammanaya), a federation consensus mechanism, and end-to-end encrypted image uploads in order chat via Blossom. Coordinators are now ranked live by DevFund donation value. Multiple security fixes including PGP verification.Everything elseAqua Wallet v0.5.3 -- 2026-09-01BasicSwap DEX v0.18.6 -- 2026-09-06BitBox02 Firmware v9.27.1 -- 2026-09-04Bitcoin Knots v29.4.1 -- 2026-09-02Blockstream Green Desktop 3.5.4 -- 2026-09-04Bull Bitcoin Mobile 6.13.4 -- 2026-09-04Cashu CDK v0.18.0 -- 2026-09-02Cashu TS v5.0.0-rc.9 -- 2026-09-04Coldcard Firmware v5.6.2 and v1.5.2Q -- 2026-09-03Flint v1.0.4 -- 2026-09-02JoinMarket-NG v0.39.1 -- 2026-09-06LDK v0.3-rc1 -- 2026-09-04Lightning Terminal v0.17.4-alpha -- 2026-09-03LND v0.21.3-beta -- 2026-09-02Mostro v0.18.7 -- 2026-09-05Specter-DIY v1.10.5 -- 2026-09-06Tails 7.12 -- 2026-09-05Zeus v13.2.1 -- 2026-09-02EDUCATIONLiquid explainer: cached validation versus key compromiseUse OrangeSurf's technical notes alongside the DeFi Prime explainer. Treat early reporting as provisional, not a completed postmortem.The reported flaw lets an invalid proof receive a cached pass; confidential amounts do not make validity unknowable. OrangeSurf reports one explorer rejected the transaction, with the cause of divergence unresolved.Do not describe this as cryptographically bypassing federation signatures, or assert that Confidential Transactions hid issuance from every observer.Liquid trust model: validation, custody and recoveryThe SpendNode discussion can frame key compromise versus invalid issuance, but its incident details need the qualifications above.Holding an L-BTC wallet key still leaves the underlying BTC dependent on the federation and the system's validation rules. Mainchain self-custody avoids that particular peg exposure; it does not eliminate all software or consensus risk.Pair with Mow's on-chain message chronology: an offer to return most funds is not completed recovery, and an acknowledgement is not proof of a complete patch.Bitcoin Optech #421: Silent Payments for Mining Pool Coinbase Payouts -- Bitcoin OptechPublished: 2026-09-04Explains how mining pools could use BIP352 silent payment addresses to pay miners directly in coinbase transactions, replacing xpub-based payouts and improving miner privacy. The newsletter also covers the full CLN ping-flood DoS disclosure and post-quantum signature proposals.A concrete, actionable application of silent payments moving from theory to real infrastructure. Shows how the protocol can improve miner privacy without new consensus changes. The CLN disclosure detail is also worth mentioning as follow-up to last episode's CLN coverage.TO DONATE TO ROMAN'S DEFENSE FUND: https://freeromanstorm.com/donateHELP GET SAMOURAI A PARDONSIGN THE PETITION ----> https://www.change.org/p/stand-up-for-freedom-pardon-the-innocent-coders-jailed-for-building-privacy-tools DONATE TO THE FAMILIES w/ USD ----> https://www.givesendgo.com/billandkeonneDONATE TO THE FAMILIES w/ BTC ----> https://pay.zaprite.com/pl_JpxtkLv95T SUPPORT ON SOCIAL MEDIA ---> https://billandkeonne.org/VALUE FOR VALUEThanks for listening you Ungovernable Misfits, we appreciate your continued support and hope you enjoy the shows.You can support this episode using your time, talent or treasure.TIME:- create fountain clips for the show- create a meetup- help boost the signal on social mediaTALENT:- create ungovernable misfit inspired art, animation or music- design or implement some software that can make the podcast better- use whatever talents you have to make a contribution to the show!TREASURE:- BOOST IT OR STREAM SATS on the Podcasting 2.0 apps @ https://podcastapps.com- DONATE via Monero @ https://xmrchat.com/ungovernable- BUY SOME STICKERS @ https://ungovernable.network/shop/FOUNDATIONhttps://foundation.xyz/ungovernableFoundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty.As a sovereign computing company, Foundation is the antithesis of today's tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can't be evil”.Thank you Foundation Devices for sponsoring the show!Use code: Ungovernable for $10 off of your purchaseCAKE WALLEThttps://cakewallet.comCake Wallet is an open-source, non-custodial wallet available on Android, iOS, macOS, and Linux.Features:- Built-in Exchange: Swap easily between Bitcoin and Monero.- User-Friendly: Simple interface for all users.Monero Users:- Batch Transactions: Send multiple payments at once.- Faster Syncing: Optimized syncing via specified restore heights- Proxy Support: Enhance privacy with proxy node options.Bitcoin Users:- Coin Control: Manage your transactions effectively.- Silent Payments: Static bitcoin addresses- Batch Transactions: Streamline your payment process.Thank you Cake Wallet for sponsoring the show!MYNYMBOXhttps://mynymbox.ioYour go-to for anonymous server hosting solutions, featuring: virtual private & dedicated servers, domain registration and DNS parking. We don't require any of your personal information, and you can purchase using Bitcoin, Lightning, Monero and many other cryptos.Explore benefits such as No KYC, complete privacy & security, and human support.(00:00:00) INTRO(00:00:58) THANK YOU FOUNDATION(00:01:38) THANK YOU CAKE WALLET(00:02:44) Not Just Weekly, Live Weekly!(00:07:44) KeyOS 1.4.0(00:14:59) NEWS(00:15:07) The Liquid Exploit(00:40:02) MORE NEWS(00:55:05) BOOSTS(01:05:44) UPDATES & RELEASES(01:07:29) EDUCATION(01:09:10) THANK YOU MYNYMBOX
Zak and Liz talk about Zak’s Year of Being a Better Friend, how he plans to be the latest-greatest Zak next year, and why Liz is NOT friends with Walgreens. Recorded on Jun 12, 2022 Zak’s New Theme Your Theme – CGP Grey on YouTube Big Friendship Call Your Girlfriend Walgreens Pharmacy Woes Economies of Scale – Wikipedia CPOE – Wikipedia Alarm Fatigue – Wikipedia Therac-25 – Wikipedia Calvinball – TV Tropes Falsehoods Programmers Believe About Names – Kalzumeus Express Scripts Contact Us @zaksharp.me Support Us Patreon This episode's PGP signature: (download link) What is this?
✔️ BTC daily✔️ Get ready for a BTC pump!✔️ People are calling Bitcoin "dead" at $60K✔️ BIP-110 Update ✔️ Giaccomo resigns from ocean board ✔️ Boltz has renewed its PGP-signed warrant canary✔️ ZEUS infrastructure is temporarily offline ✔️ Coldcard Hack Part V: Bitcoin red team update ✔️ NVK deleting blockclock posts ✔️ Repo setup to steal passwords, seeds and private keys ✔️ Vulnerabilities in the trezor firmware?✔️ Wesatoshi test successful!✔️ Coldcard things winding down ✔️ Sources:► https://x.com/superbitcoinbro/status/2084836866508103866► https://x.com/bitcoinarchive/status/2085054718032621838► https://x.com/gordongekko/status/2084985782813577621► https://x.com/LukeDashjr/status/2084946156304420881► https://x.com/monitorsitch/status/2085049606598214079?s=20► https://x.com/giacomozucco/status/2084782560291311992► https://bitcoinsignal.net/bip110/► https://x.com/bitcoinnewscom/status/2085006825808654737► https://x.com/zeusln/status/2085113369367871605► https://x.com/callebtc/status/2085024458012586286► https://x.com/JuanSGalt/status/2085102236179333442► https://bitcoinmagazine.com/business/bitcoin-red-team-finds-85-critical-flaws-across-390-open-source-repos-after-coldcard-exploit► https://x.com/callebtc/status/2085101769500377193► https://x.com/callebtc/status/2085318442488348811► https://x.com/raw_avocado/status/2085011012370022457► https://x.com/jrakibi/status/2084947141202768295► https://x.com/spacebull/status/2084744945278300652► https://x.com/flaccyboi/status/2085062061969571910► https://x.com/lunymoon13/status/2083957228122354112► https://x.com/zerocipher002/status/2084892341551177771► https://x.com/we_satoshis/status/2085034468935450918► https://x.com/tavcannallc/status/2084971976674705701► https://x.com/francispouliot_/status/2084827076482200060► DONATE TO HELP KEONNE AND BILL https://www.change.org/p/stand-up-for-freedom-pardon-the-innocent-coders-jailed-for-building-privacy-tools✔️ Check out Our Bitcoin Only Sponsors!► https://archemp.co/Discover the pinnacle of precision engineering. Our very first product, the bitcoin logo wall clock, is meticulously machined in Maine from a solid block of aerospace-grade aluminum, ensuring unparalleled durability and performance. We don't compromise on quality – no castings, just solid, high-grade material. Our state-of-the-art CNC machining center achieves tolerances of 1/1000th of an inch, guaranteeing a perfect fit and finish every time. Invest in a product built to last, with the exacting standards you deserve.► Join Our telegram: https://t.me/theplebunderground#Bitcoin #crypto #cryptocurrency #dailybitcoinnews #memecoinsThe information provided by Pleb Underground ("we," "us," or "our") on Youtube.com (the "Site") our show is for general informational purposes only. All information on the show is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the Site. UNDER NO CIRCUMSTANCE SHALL WE HAVE ANY LIABILITY TO YOU FOR ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF THE USE OF THE SHOW OR RELIANCE ON ANY INFORMATION PROVIDED ON THE SHOW. YOUR USE OF THE SHOW AND YOUR RELIANCE ON ANY INFORMATION ON THE SHOW IS SOLELY AT YOUR OWN RISK.
A bi-weekly news show informing you on the latest in Bitcoin, privacy and open source tech hosted by Ungovernables, Max and Q. AOBFTF with ZachQ eurotripNew Foundation websiteNEWSU.S. Treasury seizes nearly 1B in Iran-linked crypto, Tether freezes 344M USDT on Tron https://bitcoinmagazine.com/news/u-s-treasury-the-united-states-iranThe Mined in America Act would put the Bitcoin network at riskhttps://www.therage.co/mined-in-america-act-bitcoin-at-risk/CVE in Core Lightning: Optech #407 disclosurehttps://bitcoinops.org/en/newsletters/2026/05/29/Introducing Cube: Burak unveils a trustless Bitcoin smart contract L2https://medium.com/cube-bitcoin/introducing-cube-8b3702e470a5Published: May 2026Anonymous plaintiff sues for title to $293 billion in dormant Bitcoinhttps://bitcoinmagazine.com/news/anonymous-plaintiff-seeks-legal-bitcoinPublished: 2026-05-28The U.S. Constitution inscribed on the Bitcoin blockchain via expanded OP_RETURN https://bitcoinmagazine.com/news/someone-inscribed-the-constitution-bitcoinPublished: 2026-05-29RELEASESBitcoin Protocol, Core, Knots, SecurityCore Lightning v26.06rc2 — 2026-05-22Release candidate 2 for CLN 26.06. Documentation and gRPC interface refinements on top of rc1's graceful command, sendamount RPC, and BOLT12 payer-proof support. Routing-node operators should test on a non-production node before adopting.Eclair 0.14.0 — 2026-05-21Significant Lightning release from ACINQ. Final versions of channel splicing, simple taproot channels, and zero-fee commitments all ship in this version. This is the Eclair side of the same protocol work showing up in CLN and LDK. If you run an Eclair routing node, this is the upgrade to track.Hardware Signers and Hardware-Wallet AppsColdcard MK5 launch — 2026-05-29New flagship hardware. Larger Gorilla Glass screen, redesigned buttons, improved NFC, dual secure element architecture retained. Already supported in Bitcoin Safe 2.0.0rc0 from earlier this fortnight.Frostsnap 0.3.0 — 2026-05-27Headline change: deterministic firmware build with cryptographic digest verification. So end users can independently verify the firmware binary matches the source. That is the right direction for any hardware signer carrying real money.Keystone 3 v2.4.4 — 2026-05-26Wallet connection removal, Zcash SLIP39 support added, device verification fixes.Trezor Suite v26.5.1 — 2026-05-27 (FTD re-surfacing)Adds ERC-681 QR code support in the send form. Show editorial: only relevant if you use Trezor for Ethereum-side workflows, not a Bitcoin-only change.Ledger Live Desktop 4.5.0 — 2026-05-21Bridge integration refactoring across desktop and mobile.Ledger Live Mobile 4.6.0 — 2026-05-28Async API updates and bridge resolution improvements.Software WalletsSparrow Wallet 2.5.0 — 2026-05-21Headline feature: Silent Payments receiving wallets, including support for airgapped hardware wallet signers. Adds frigate.2140.dev as a Silent Payments capable public Electrum server, auto-selected when required. Plus a BIP32 derivation fallback when retrieving signing nodes for high-index inputs. This is the biggest privacy upgrade of the fortnight in any consumer-facing Bitcoin wallet, and the airgapped-signer support means Coldcard and similar users get it without going hot.Sparrow Frigate 1.5.3 — 2026-05-30Adds a privacy-preserving hourly aggregate of historical scan stats, locally generated server.features response when the backend returns a method-not-found error, improvements to the hosts field in server.features.Bitcoin Seed Tool 2.3.0 — 2026-05-19 (borderline, in grace)Educational interface redesign with violet accent color and integrated learning features.Nunchuk Android 2.5.2 — 2026-05-27"Bug fixes and improvements," nothing detailed publicly.Liana Business v0.1 — 2026-05-20First alpha of Liana's business product line. Environment variable support for signet testing. New product tier from Wizard Sardine for business-focused multisig with timelocked recovery.Peach Bitcoin 0.69.0 (build 350) — 2026-05-19Encrypted backup of custom payout addresses, restoration guidance, camera permission fix, push notification translations.Lightning, L2, ScalingPhoenix 2.8.0 — 2026-05-22UI fixes on Android: scanning inverted QR codes, a button to use the entire available balance when paying Lightning.Phoenixd 0.8.0 — 2026-05-20Upgraded lightning-kmp dependency to 1.12.0.ZEUS 13.0.2 — 2026-05-21Stable release of the RC chain we previewed last fortnight. New default RGS server at rgs.zeusln.com with 15-minute graph updates instead of 3-hour. Improved clipboard, NFC, UI improvements.Arkade arkd v0.9.6 — 2026-05-26Package and component renaming, CI workflow improvements, golang version bump.Arkade TS SDK @arkade-os/sdk 0.4.32 — 2026-05-29Maintenance bump.Arkade TS SDK @arkade-os/boltz-swap 0.3.37 — 2026-05-29Maintenance bump on the Boltz-swap helper.ThunderHub v0.18.4 — 2026-05-29Native display formatting for trading distribution, better CLTV headroom in route building.Blink Mobile 2.4.49 — 2026-05-30Bug fix: removes ABI-prefixed versionCode overrides.LNbits v1.5.5-rc1 — 2026-05-24Release candidate.Mostro v0.17.4 — 2026-05-22Payout confirmation to winner, solver-directed dispute slash, concurrent taker bonds with first-to-lock wins, MOSTRO_NSEC_PRIVKEY environment variable, Yadio price tolerance fix.Bisq v1.10.1 — 2026-05-30Raises trade amount limits to 0.250 BTC after the v1.10.0 post-exploit reset. Adjusts risk-based reduction factors. Fixes a BSQ swap validation bug.Bisq v1.10.0 — 2026-05-17 (carries over from last fortnight as final tag on cutoff day)The post-incident hardening release we covered last fortnight: trade protocol validation, PGP supply-chain verification, 0.125 BTC initial cap, macOS Apple Silicon support.EcashCashu TS v4.5.1 — 2026-05-23Deprecates the current checkProofsStates method in favour of a v5-compatible one. Wallet builders should plan the migration.Fedimint SDK canary release — 2026-05-27React Native transport: flattened RPC payload, persistent callback. Rolling canary channel.Bitcoin Dev InfrastructureBDK FFI 3.0.0 — 2026-05-29Major version of the BDK language bindings. Anyone shipping a wallet on top of BDK should read the migration notes carefully.Liquid GDK 0.77.4 — 2026-05-27Rate-limiting error handling, Rust dependency updates, UTXO retrieval fixes, build improvements.Self-Hosting and Sovereignty InfraJoinMarket-NG 0.31.1 — 2026-05-30Privacy-critical fix: prevents a Sybil DoS where relayed !hp2 floods could starve a maker's own post-ioauth commitment broadcasts. Also installs whiptail in maker and taker container images so the jm-ng TUI works out of the box. JoinMarket-NG continues to ship hardening on a tight cadence.Tor Browser 15.0.14 — 2026-05-19 (borderline, in grace)Important Firefox security updates rolled in.Mullvad Browser 15.0.14 — 2026-05-19 (borderline, in grace)Firefox 140.11.0esr base, NoScript 13.6.19.1984.Nostr (Bitcoin-relevant)Amethyst 1.11.0 — 2026-05-20Restores Lightning Address and LNURL fields in Edit Profile. Useful: those fields were missing for a stretch and creators relying on zaps as a revenue stream were getting cut off in profile edits.EDUCATIONTFTC retrospective: Why Keonne Rodriguez is in prison for building Samourai Wallet — 2026-05-28Bitcoin Optech Newsletter #407 — 2026-05-29CLN vulnerability disclosure (already in news), transcripts from a May Bitcoin Core developer meeting covering SwiftSync, cluster mempool, Erlay redesign, package relay. Eclair 0.14.0 and CLN 26.06rc2 release context.Bitcoin Optech Newsletter #406 — 2026-05-22BIP322 advances to Complete status with human-readable prefixes and PSBT support. TCP hole punching for Bitcoin nodes behind NATs (we flagged this Delving Bitcoin thread last fortnight). Services section highlights Ibis Wallet (BDK-based with coin control and Tor), LDK Server, Mempool.space taproot visualization.Bitcoin Optech #406 recap podcast — 2026-05-26Discussion of BIP322 updates, TCP hole punching, Ibis Wallet, LDK Server, Mempool.space v3.3.0, peer-observer infrastructure.Bitcoin Optech #405 recap podcast — 2026-05-19Bitcoin Core CVE-2024-52911 discussion and the UTXO-set P2P sharing draft BIP with Fabian Jahr.Rainey's book on financial censorshipMentioned by Gladstein on 2026-05-21 as quoting his work on the war on cash and the blocksize war. Plug in education / further reading.TO DONATE TO ROMAN'S DEFENSE FUND: https://freeromanstorm.com/donateHELP GET SAMOURAI A PARDONSIGN THE PETITION ----> https://www.change.org/p/stand-up-for-freedom-pardon-the-innocent-coders-jailed-for-building-privacy-tools DONATE TO THE FAMILIES ----> https://www.givesendgo.com/billandkeonneSUPPORT ON SOCIAL MEDIA ---> https://billandkeonne.org/VALUE…
Today on the program, a trip into the archive and a return to Episode 788, my conversation with Timothy Willis Sanders, author of the story collection Modern Massacres (Publishing Genius). Air date: August 31, 2022. Modern Massacres is Timothy Willis Sanders's third book and second collection of short stories. In the vein of Orange Juice (his first collection with PGP, from 2010), stories like “John Lennon,” “Officer Walter,” and “Glasses” examine contemporary life in a familiar, canny way. Humorous and full of keen observations, Sanders writes with care and respect for his characters, from the innocent kids to the flawed adults, all of whom are looking for connection and approval—or at least some kindness in a world that isn't always easy to live in. *** Today's episode is brought to you by Rula. Thousands of people are already using Rula to get affordable, high-quality therapy that's actually covered by insurance. Visit www.rula.com/otherppl to get started. *** Otherppl with Brad Listi is a weekly podcast featuring in-depth interviews with today's leading writers. Available where podcasts are available: Apple Podcasts, Spotify, YouTube, etc. Get How to Write a Novel, the debut audio course from DeepDive. 50+ hours of never-before-heard insight, inspiration, and instruction from dozens of today's most celebrated contemporary authors. Subscribe to Brad's email newsletter. Support the show on Patreon Merch Instagram TikTok Bluesky Email the show: letters [at] otherppl [dot] com The podcast is a proud affiliate partner of Bookshop, working to support local, independent bookstores. Learn more about your ad choices. Visit megaphone.fm/adchoices
Afl. 140 | De diefstal van 1400 kilo cocaïne in 2024 zorgde voor een lange reeks strafzaken met daarin tientallen verdachten: van bommenleggers en schutters tot geweldsmakelaars en hún opdrachtgevers. Wat is daar precies gebeurd? En wat blijft er hangen na deze kettingreactie van geweld? Stel je vraag aan Paul en Wouter via:Mail: misdaad@parool.nlWhatsapp en Signal: 06 27 19 33 64 Verder: Kaartjes voor de theatervoorstelling: Parool.nl/live GRATIS abonnement voor studenten vind je hier Schrijf je hier in voor Paul en Wouters Misdaadnieuwsbrief. Artikelen: ‘Soldaat, heb jij morgenavond tijd?’: hoe de diefstal van 1400 kilo cocaïne tot een reeks aanslagen leidde waarbij uitvoerders voor niets werkten Sadak M. (19) krijgt weer jeugddetentie voor het schieten op een huis, nu in Amsterdam-Oost Corrupte Sana C. krijgt 3 jaar cel voor verkoop gegevens vanuit Amsterdamse rechtbank en voor afpersing Het rapport waar Paul en Wouter zo kritisch op zijn Luisteraarsvraag: Hoe onthouden criminelen alle bijnamen van mensen met wie ze PGP-en? Gemaakt door: Presentatie: Corrie GerritsmaMisdaadverslaggevers: Wouter Laumans en Paul VugtsProductie en audiomontage: Verena VerhoevenVideomontage: Laura HiskenMuziek: Kloaq Audio DesignSupport the show: https://www.kiosk.nl/See omnystudio.com/listener for privacy information.
Hello & Welcome to the Podcast!In today's episode, I'm joined by Orla O'Doherty @thecliniccoach for a chat about using coaching skills for behaviour change, especially around physical activity in postpartum womenOrla shared her journey, including insights from her masters training in behaviour change and health coaching, explaining key frameworks such as COM-B (Capability, Opportunity, Motivation, Behaviour) and emphasising the importance of helping the people we work with identify their own goals, rather than prescriptively telling them what to do.We discussed practical strategies including goal setting, habit formation, motivation maintenance and the challenge of implementing these in clinical practice.We highlight how coaching skills can liberate the clinician's role from being a fixer to supporting the person's self-efficacy, noting that this approach not only helps the people we are working with, but also reduces frustration for healthcare providers, while making clinical work more effective and sustainable.Some of the topics we covered:Behaviour change in health coachingHealth coaching on Postpartum careEffective goal setting discussionsBehavioural goals in patient careMotivation vs WillpowerPatient resistance in physio strategies Trust, compassion and how to deal with challengesand much more!Orla is doing great work on changing how we can help move from the old model of healthcare professionals acting as mechanics to fix people, but rather empowering them with self efficacy toolboxes - she offers coursework on all of this so make sure you're following her on instagramWant to learn more about a bio psychosocial approach to Perinatal Pelvic Rehab? I designed my new online course to cover all of this and more, from preconception ,through pregnancy and into postpartum and beyond. Full of up to date evidence and 'how to' strategies, from PGP to DRAM and R2R!all of the info on this and all of my other online courses can be found at CelebrateMuliebrity.comUntil next time, Onwards & Upwards, Mx#celebratemuliebrity
Tucker Tooley is a powerhouse Hollywood producer, and Tyler Maroney is a top-tier private investigator, together they made the “Finding Satoshi” documentary.› https://x.com/TooleyProd› https://findingsatoshi.comPARTNERS
A bi-weekly news show informing you on the latest in Bitcoin, privacy and open source tech hosted by Ungovernables, Max and Q. AOBPrime Time reminder (FTF + Week 3)Vegas coming upNEWSRoman Storm Acquittal?? - The RageRule 29 hearing in SDNY. Retrial dates floated: Oct, Nov, Jan 2027.Gov theory: running Tornado Cash was criminal, but mixers aren't illegal and it wasn't criminal at inception. Failla: so when did liability start?Gov collapsed UI and protocol. Claimed Tornado Cash itself transferred funds — user wallets as "instrumentalities."Only 15% of volume was illicit across the charged period.Failla to prosecutor: "I might argue you were doing better before you started talking."BIP-361 - LinkNew proposal from Jameson Lopp and others (submitted 14 April) to protect Bitcoin from future quantum computers.Quantum computers could one day crack the cryptography Bitcoin uses today (ECDSA/Schnorr). BIP-361 forces everyone to move to new quantum-safe address types before that happens.Two phases: first, you can't send to old-style addresses. Five years later, old-style coins can't be spent at all. If you haven't moved your coins by then, they're frozen.Controversial because it means coins that don't migrate get effectively confiscated — including Satoshi's ~1M BTC and anything on lost seeds. Breaks Bitcoin's "your coins are yours forever" promise.BitMEX pushed back with a "wait and see" alternative: only freeze coins if quantum is actually proven to exist.Foundation angle: if you hold your own keys, you just migrate when new address types ship. The people at risk are exchange users, lost-seed holders, and very old wallets.Bitcoin Depot Hacked - 50.9 BTC ($3.7M) Stolen - Bitcoin Magazine / SecurityWeekPublished: Breach detected March 23, disclosed April 8-9, 2026Bitcoin Depot, the largest crypto ATM operator in the US (9,000+ machines, 47 states), lost 50.9 BTC after attackers gained control of credentials for digital asset settlement accounts. Customer data was not affected. SEC disclosure filed April 8.Talking points: Centralised custodians are honeypots. One set of credentials = nearly $4M gone. The 16-day gap between detection and disclosure is worth noting. Compare with self-custody where there is no single point of failure.Kraken Insider Extortion - Support Staff Recruited by Criminal Groups - CoinDeskPublished: April 13, 2026A criminal group is extorting Kraken after two insider incidents where support staff inappropriately accessed data from ~2,000 client accounts. No funds were at risk. Kraken warned of coordinated insider recruitment campaigns targeting crypto, gaming, and telecom firms.Talking points: Your exchange account is only as secure as the lowest-paid support worker with access to your data. This is organised, coordinated insider recruitment across multiple industries. Self-custody eliminates this counterparty risk entirely. Credit to Kraken for transparency and refusing to pay.Fake Ledger Live app on Mac App Store - Coindesk$9.5M drained from 50+ victims between 7–13 April via fake Ledger Live macOS app on Apple's App Store.Hits across BTC, ETH, Tron, Solana, XRP. Three seven-figure losses — largest $3.23M USDT. Musician G. Love lost 5.9 BTC.Attack vector: app prompted users to enter recovery phrase. Game over.Published under "Leva Heal Limited." Faked version history 1.0 to 5.0 in two weeks to look legit. Passed App Review.Funds laundered through 150+ KuCoin deposit addresses tied to "AudiA6" mixer. KuCoin froze accounts until 20 April only.UPDATES/RELEASESAqua v0.4.2 - April 11Adds transaction notes (BIP329), fiat amount entry for Lightning payments, Sats display unit option, improved animations, GDK upgrade to 0.76.3.https://github.com/AquaWallet/aqua-wallet/releases/tag/v0.4.2BTCPay Server v2.3.7 - April 2 (BORDERLINE)First release using .NET 10. Transaction comments in Send view, admin-editable subscription dates, amount-less BOLT11 invoices for top-ups, RTL language support (Arabic, Hebrew, Farsi), subscriber management API.https://github.com/btcpayserver/btcpayserver/releases/tag/v2.3.7BULL Wallet v6.8.2-fss-hybrid - April 10Hybrid flutter_secure_storage implementation with fallback to v9 for incompatible devices. Appears to be internal/hybrid build rather than public consumer release.https://github.com/SatoshiPortal/bullbitcoin-mobile/releases/tag/6.8.2-fss-hybridCake Wallet v6.1.0 - April 18"Smoother Performance & USDT Bridging" release. Native USDT bridging between chains, performance optimizations, wallet stability improvements, Lightning and EVM bug fixes.https://github.com/cake-tech/cake_wallet/releases/tag/v6.1.0Envoy v2.2.13 - April 9Maintenance release addressing Passport Prime onboarding issues, iOS share sheet bug, and a security-related dependency update.https://github.com/Foundation-Devices/envoy/releases/tag/v2.2.13KeyOS v1.2.1 - April 16Users can now decide whether they want to perform a manual or magic backup, regardless of Envoy Magic Backup status. Before initiating the magic backup, tap Advanced in the top right corner to change to manual.https://github.com/Foundation-Devices/KeyOS/releases/tag/v1.2.1Liana v14.0 - April 17Major UI rework: redesigned home page, menu, payment history, sidebar. Adds xpub import from Coldcard ccxp files, BitBox pairing code display for taproot devices, reduced dust output limit from 5,000 to 500 sats. Default fiat price source changed to mempool.space.https://github.com/wizardsardine/liana/releases/tag/v14.0LNBits v1.5.4-rc1 - April 16 (RC only)Release candidate, minimal notes. Latest stable remains v1.5.3.https://github.com/lnbits/lnbits/releases/tag/v1.5.4-rc1Mempool v3.3.0 - April 14Major release: coinbase transaction previews from Stratum jobs, Taproot script tree visualization, sighash icons, stale block comparisons, sub-1-sat/vB support, ephemeral dust support, PSBT signature display, Simplicity support (Liquid), Angular 16-to-20 upgrade, decimal fee recommendations.https://github.com/mempool/mempool/releases/tag/v3.3.0Mostro v0.17.3 - April 13Fixes bug in v0.17.2 blocking range orders. v0.17.2 (Apr 11) added interactive setup wizard and fixed validation issues preventing duplicate payments.https://github.com/MostroP2P/mostro/releases/tag/v0.17.3Nunchuk v2.4.0 - April 8Adds Nunchuk API support with bug fixes and improvements.https://github.com/nunchuk-io/nunchuk-android/releases/tag/2.4.0Peach Bitcoin v0.69.0 - April 10UniqueID Hash saved in iOS keychain for identity persistence. Fixes: percentage placeholder, PGP key registration timing, Telegram URL, seed restoration error handling.https://github.com/Peach2Peach/peach-app/releases/tag/v0.69.0-343Start9 v0.4.0-beta.5 - April 11 (beta)Complete StartOS rewrite: redesigned UI, new networking stack with WireGuard VPN gateways and Let's Encrypt, LXC container runtime, improved differential backups, i18n support, TypeScript SDK, SMTP notifications.https://github.com/Start9Labs/start-os/releases/tag/v0.4.0-beta.5Zeus v13.0.0-beta2 - April 17 (beta)Major v13 cycle: LDK Node as new embedded node option, updated onboarding, Cashu improvements with offline mode, embedded LND v0.20.1-beta, enhanced payment UI, Android stealth mode.https://github.com/ZeusLN/zeus/releases/tag/v13.0.0-beta2TO DONATE TO ROMAN'S DEFENSE FUND: https://freeromanstorm.com/donateHELP GET SAMOURAI A PARDONSIGN THE PETITION ----> https://www.change.org/p/stand-up-for-freedom-pardon-the-innocent-coders-jailed-for-building-privacy-tools DONATE TO THE FAMILIES ----> https://www.givesendgo.com/billandkeonneSUPPORT ON SOCIAL MEDIA ---> https://billandkeonne.org/VALUE FOR VALUEThanks for listening you Ungovernable Misfits, we appreciate your continued support and hope you enjoy the shows.You can support this episode using your time, talent or treasure.TIME:- create fountain clips for the show- create a meetup- help boost the signal on social mediaTALENT:- create ungovernable misfit inspired art, animation or music- design or implement some software that can make the podcast better- use whatever talents you have to make a contribution to the show!TREASURE:- BOOST IT OR STREAM SATS on the Podcasting 2.0 apps @ https://podcastapps.com- DONATE via Monero @ https://xmrchat.com/ugmf- BUY SOME STICKERS @ https://www.ungovernablemisfits.com/shop/FOUNDATIONhttps://foundation.xyz/ungovernableFoundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty.As a sovereign computing company, Foundation is the antithesis of today's tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can't be evil”.Thank you Foundation Devices for sponsoring the show!Use code: Ungovernable for $10 off of your purchaseCAKE WALLEThttps://cakewallet.comCake Wallet is an open-source, non-custodial wallet available on Android, iOS, macOS, and Linux.Features:- Built-in Exchange: Swap easily between Bitcoin and Monero.- User-Friendly: Simple interface for all users.Monero Users:- Batch Transactions: Send multiple payments at once.- Faster Syncing: Optimized syncing via specified restore heights- Proxy Support: Enhance privacy with proxy node options.Bitcoin Users:- Coin Control: Manage your transactions effectively.- Silent Payments: Static bitcoin addresses- Batch Transactions: Streamline your payment process.Thank you Cake Wallet for sponsoring the show!MYNYMBOXhttps://mynymbox.ioYour go-to for anonymous server hosting solutions, featuring: virtual private & dedicated servers, domain registration and DNS parking. We don't require any of your personal information, and you can purchase using Bitcoin, Lightning, Monero and many other cryptos.Explore benefits such as No KYC, complete privacy & security, and human support.(00:00:00) INTRO(00:00:57) THANK YOU FOUNDATION(00:01:38) THANK YOU CAKE WALLET(00:02:44) More Chapters to Come...(00:38:14) BOOSTS(01:00:23) THANK YOU MYNYMBOX
If Satoshi Nakamoto handed the keys to a single successor, is the network truly decentralized? We go deep into uncomfortable questions about who controls the Bitcoin blockchain and how the power to merge code has shifted since the Genesis block. Juan Galt (@JuanSGalt) joins us in El Zonte to break down the history of the maintainer role. He proves that the security of our money depends on janitorial consensus rather than a single lead developer.We explore the cypherpunk origins of the protocol, looking at the private correspondence between Satoshi and Hal Finney. This lineage shows how an early culture of cryptography evolved into the modern GitHub repository. Understanding this is essential to knowing how Bitcoin survived the exit of its creator without a corporate takeover.The episode dives into the high stakes world of the private key and the nightmare of the early wallet.dat era. Juan shares stories of recovering seven figures of lost coins, highlighting the shift from 2010 hurdles to modern recovery standards. This was a fundamental upgrade for anyone holding digital gold as a lifelong savings account, moving us toward a robust sovereign standard.Building a circular economy requires a payments interface that works for a local pupuseria as well as a Wall Street fund. We discuss early adoption friction in Mexico and El Salvador, moving from the guy with the Bitcoin phone to modern tools that make daily commerce possible. It is a raw look at moving Bitcoin from a speculative asset to a local currency.Finally, we look at the internal decentralization of the Core team and how maintainers are elected without a CEO. From the Trusted Keys PGP system to the threats of quantum computing, we analyze the protocol's ability to stay hardened. This is a masterclass in the Proof of Work required to maintain the most secure financial network in history. It is about verifying code rather than trusting a person.—Bitcoin Beach TeamConnect and Learn more about Juan Galt:X: https://x.com/JuanSGaltBitcoin Magazine: https://bitcoinmagazine.com/authors/juan-galtYT: https://www.youtube.com/@BitcoinMagazineLifeboat: https://lifeboat.com/ex/bios.juan.galtCompany: https://www.satlantis.io/Support and follow Bitcoin Beach:X: https://www.twitter.com/BitcoinBeach IG: https://www.instagram.com/bitcoinbeach_sv TikTok: https://www.tiktok.com/@livefrombitcoinbeach Web: https://www.bitcoinbeach.com STAY AT BITCOIN BEACHhttps://www.stayatbitcoinbeach.com/punta-mango-villasBrowse through this quick guide to learn more about the episode:00:00 Intro06:01 Why is the "Juan Galt" namesake a high-signal filter for Bitcoiners?10:39 What was the Toronto Decentral hub like before the Ethereum fork?14:19 What can we learn from the "Galt's Gulch" Mexico experiment?21:10 How can you recover seven-figure Bitcoin from a legacy wallet?23:38 Why was the BIP-39 seed phrase a leap for Bitcoin self-custody?36:18 How did Satoshi manage the maintainer transition to Gavin Andresen?45:45 Why did Bitcoin move to GitHub and the "Trusted Keys" PGP system?53:11 How does Bitcoin achieve consensus without a CEO or leader?59:02 Is the Bitcoin protocol truly hardened against 2026 quantum threats?Live From Bitcoin Beach
A 32-year-old is icing his balls daily to increase his testosterone, Rory's Masters dinner menu has been released, we found the perfect PGP subreddit thread, and Afroman is involved in a hilarious defamation suit. Support us on Patreon and receive weekly episodes for as low $5 per month: www.patreon.com/circlingbackpodcast Watch all of our full episodes on YouTube: www.youtube.com/washedmedia Shop Washed Merch: www.washedmedia.shop • (00:00) Fun & Easy Banter • (20:05) Icing balls to increase T • (32:55) Rory's Masters Menu • (48:35) PGP Subreddit Thread • (1:01:15) Afroman Defamation Suit Support This Episode's Sponsors: - Rhoback: Go to https://rhoback.com/ and use code LUTES20 for 20% off your first order - Fair Harbor Clothing: Head to https://www.fairharborclothing.com/ and use code CB20 for 20% OFF your full price order now through 3/31 - Tecovas: Right now get 10% off at https://tecovas.com/crclbk when you sign up for email and texts. - Leesa: Go to https://www.leesa.com/ for 20% off mattresses PLUS get an extra $50 off with promo code STEAM, exclusive for our listeners. - Lola Blankets: Head to https://lolablankets.com/ and use code STEAM to get 40% OFF your order Learn more about your ad choices. Visit megaphone.fm/adchoices
Max and Q cover the latest happenings in the world of Bitcoin, privacy and much more. AOBPrimeNew letter from KeonneQ vibing hardNEWSGrapheneOS announces Motorola partnershipTrump's "American Cyber Strategy" Puts Crypto on National Security MapSon of U.S. government contractor, accused of stealing millions in seized crypto, arrested in FranceTreasury tells congress mixers have valid privacy usesStrike now available in New YorkSolo Satoshi - Bitaxe TouchBitwise to donate $233,000 to open source Bitcoin devsUPDATES/RELEASESTailrelayA Docker container that exposes local services to your Tailscale network. Combines Tailscale VPN, Caddy reverse proxy, socat TCP relays, and a Web UI for browser-based management.https://github.com/sudocarlos/tailrelayStealth AnnouncedA privacy audit tool for Bitcoin wallets. Stealth analyzes the transaction history of a wallet descriptor and surfaces privacy findings from real on-chain heuristics.https://github.com/LORDBABUINO/stealth/tree/mainCake Wallet v6.0.0 / v6.0.1 — 27 Feb / 6 Mar 2026Major release: complete UI redesign plus self-custodial Bitcoin Lightning integration via Breez SDK and Spark protocol. Privacy-first defaults — Lightning invoices don't embed Spark addresses, transaction data not published to public explorers by default. Custom @cake.cash Lightning addresses. Enhanced Monero syncing.https://github.com/cake-tech/cake_wallet/releasesZeus v0.12.4 / v0.12.5 — 2 March 2026Bug fix releases addressing Android SQLite database issues for new wallets (sync past block 123,000), iOS safe area fixes, and crash prevention when returning from LSPS1 view.https://github.com/ZeusLN/zeus/releasesBlueWallet v7.2.6 — 23 February 2026Added BBQR support for Coldcard, simpler settings UI, and dates on transaction list.https://github.com/BlueWallet/BlueWallet/releasesFrostsnap v0.2.1 — 23 February 2026QR camera scanning now works on all platforms (Linux, macOS desktop). Fixed Electrum connectivity on IPv6 networks using "Happy Eyeballs" algorithm. Device erasure black screen fix and macOS app signing improvements.https://github.com/frostsnap/frostsnap/releasesPhoenix v2.7.5 — 25 Feb (Android) / 26 Feb (iOS) 2026Maintenance release for both platforms. Release notes were sparse — Q may want to check changelog manually.https://github.com/ACINQ/phoenix/releasesLNBits v1.5.0 — 4 March 2026Stable release (up from v1.4.2). Full changelog not detailed in release notes — worth checking manually if covering.https://github.com/lnbits/lnbits/releasesPeach Bitcoin v0.69.0 — 23 Feb / 3 Mar 2026New accounts now generate PGP keypairs from seed phrases, payment details encrypted and backed up to servers. Added M-Pesa payment method. Transaction IDs now copyable. Fixed Android wallet emptying bug.https://github.com/Peach2Peach/peach-app/releasesBitkey App Release 2026.2.0 — 23 February 2026Block/Square's hardware wallet app update. Detailed release notes not available from feed.https://github.com/proto-at-block/bitkey/releasesMempool v3.3.0-beta — 21 February 2026Beta release of v3.3.0. Details sparse.https://github.com/mempool/mempool/releasesStart9 StartOS v0.4.0-alpha.20 — 6 March 2026Alpha release with error info propagation, AI agent docs, preferred external ports beyond 443, SSH config fixes, WiFi deprecation handling.https://github.com/Start9Labs/start-os/releasesBlitz Wallet 4.0Payment poolshttps://x.com/BlitzWalletApp/status/2028867592065105932?s=20EDUCATIONLightning is dead, long live Lightning - Roy from BreezHater to builder - Seth from CakeHELP GET SAMOURAI A PARDONSIGN THE PETITION ----> https://www.change.org/p/stand-up-for-freedom-pardon-the-innocent-coders-jailed-for-building-privacy-tools DONATE TO THE FAMILIES ----> https://www.givesendgo.com/billandkeonneSUPPORT ON SOCIAL MEDIA ---> https://billandkeonne.org/VALUE FOR VALUEThanks for listening you Ungovernable Misfits, we appreciate your continued support and hope you enjoy the shows.You can support this episode using your time, talent or treasure.TIME:- create fountain clips for the show- create a meetup- help boost the signal on social mediaTALENT:- create ungovernable misfit inspired art, animation or music- design or implement some software that can make the podcast better- use whatever talents you have to make a contribution to the show!TREASURE:- BOOST IT OR STREAM SATS on the Podcasting 2.0 apps @ https://podcastapps.com- DONATE via Monero @ https://xmrchat.com/ugmf- BUY SOME STICKERS @ https://www.ungovernablemisfits.com/shop/FOUNDATIONhttps://foundation.xyz/ungovernableFoundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty.As a sovereign computing company, Foundation is the antithesis of today's tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can't be evil”.Thank you Foundation Devices for sponsoring the show!Use code: Ungovernable for $10 off of your purchaseCAKE WALLEThttps://cakewallet.comCake Wallet is an open-source, non-custodial wallet available on Android, iOS, macOS, and Linux.Features:- Built-in Exchange: Swap easily between Bitcoin and Monero.- User-Friendly: Simple interface for all users.Monero Users:- Batch Transactions: Send multiple payments at once.- Faster Syncing: Optimized syncing via specified restore heights- Proxy Support: Enhance privacy with proxy node options.Bitcoin Users:- Coin Control: Manage your transactions effectively.- Silent Payments: Static bitcoin addresses- Batch Transactions: Streamline your payment process.Thank you Cake Wallet for sponsoring the show!MYNYMBOXhttps://mynymbox.ioYour go-to for anonymous server hosting solutions, featuring: virtual private & dedicated servers, domain registration and DNS parking. We don't require any of your personal information, and you can purchase using Bitcoin, Lightning, Monero and many other cryptos.Explore benefits such as No KYC, complete privacy & security, and human support.(00:00) INTRO(00:57) THANK YOU FOUNDATION(01:38) THANK YOU CAKE WALLET(02:43) Vibe Cornin'(17:42) PRIME TIME(19:58) Notes From The Inside: The Skinwalker(23:43) Motorola Graphene(26:44) The Cyber Strategy(29:30) John "Lick" Daghita Arrested for Crypto Crimes(31:39) US Treasury Acknowledges Cryptocurrency 'Mixers'(33:50) Strike Obtains a Bit License (34:43) Bitaxe Touch Released(36:40) Bitwise to Donate $233,000 to BTC Open Source(37:32) BOOSTS(43:41) Tail Relay (45:02) Stealth Announced(47:39) The Big Cake 6.0.1 Release(48:41) The Rest of the Software Updates(52:14) Blixt Payment Pools(54:48) THANK YOU MYNYMBOX
Rundes Jubiläum beim Podcast! Anlässlich der fünfzigsten regulären Folge besprechen Sylvester und Christopher viel Hörerfeedback, über das sie sich besonders freuen. Sie haben auch viele Themen für die Newsfolge mitgebracht - so viele, dass Sylvester nach zwei Stunden die Reißleine zieht und eine Bonusfolge einläutet. Neben einer neuen RCE-Lücke in n8n gibt es eine Einschätzung zu Bitlocker-Wiederherstellschlüsseln in der Cloud, ungläubiges Kopfschütteln angesichts eines vibecoded PR-Stunts von Cloudflare, eine neue Bluetooth-Lücke und einen witzigen Weg, Anthropics LLMs aus dem Tritt zu bringen.
Good day ladies and gentlemen, this is IRC news, and I am Joy Stephen, an authorized Canadian Immigration practitioner bringing out this data analysis on the number of applicants approved for Canadian Permanent Residence for multiple years Under the Federal Spouses and Partners Permanent Residence Immigration program based on your country of Citizenship. I am coming to you from the Polinsys studios in Cambridge, OntarioNewfoundland and Labrador recorded 35 sponsored admissions in 2023 under Canada's Parents & Grandparents Sponsorship Program, strengthening inter-generational family unity.Stay tuned with IRCnews for weekly updates, data and programs on Canada Immigration.If you have an interest in gaining comprehensive insights into the Federal Spouses and Partners Permanent Residence Immigration program or other Canadian Federal or Provincial Immigration programs, or should you require guidance post-selection, we extend a warm invitation to connect with us via https://myar.me/c. We strongly recommend attending our complimentary Zoom resource meetings conducted every Thursday. We kindly request you to carefully review the available resources. Subsequently, should any queries arise, our team of Canadian Authorized Representatives is readily available to address your concerns during the weekly AR's Q&A session held on Fridays. You can find the details for both these meetings at https://myar.me/zoom. Our dedicated team is committed to providing you with professional assistance in navigating the immigration process. Additionally, IRCNews offers valuable insights on selecting a qualified representative to advocate on your behalf with the Canadian Federal or Provincial governments, accessible at https://ircnews.ca/consultant.Support the show
Die erste Folge, die Christopher und Sylvester im neuen Jahr aufzeichnen. Seit der letzten regulären Podcast-Episode hat sich einiges an aktuellen Problemen und Lücken angesammelt. Befreit von den harten Zeitvorgaben eines externen Sendezentrums schlagen die Hosts etwas über die Stränge und reden gute 2,5 Stunden: Es geht um ein seltsam unbenutzbares Portal des BSI, schwierig abzuwehrende Angriffe auf Signal & Co, den wenig erbaulichen Zustand von PKIs zum Code- Signing, diverse Lücken und Probleme in GnuPG und dem PGP- Kryptografiesystem insgesamt, einen geschickten Angriff auf das Automatisierungstool n8n – sowie einige kleinere Themen, auf die Christopher und Sylvester spontan eingehen. Ziemlich viel auf einmal, aber immerhin in mundgerechte Häppchen unterteilt. - ACME-DNS: https://github.com/joohoi/acme-dns - WhatsApp-Scraping-Paper: https://arxiv.org/abs/2511.20252 - Messengernutzer-Tracking-Paperhttps://arxiv.org/abs/2411.11194) - Zum Ausprobieren: Whatsapp Device Activity Tracker: https://github.com/gommzystudio/device-activity-tracker - GnuPG-Artikel: https://www.heise.de/hintergrund/Kritik-an-GnuPG-und-seinem-Umgang-mit-gemeldeten-Luecken-11132888.html - GnuPG-Talk: https://media.ccc.de/v/39c3-to-sign-or-not-to-sign-practical-vulnerabilities-i - LIEF - Library to Instrument Executable Formats: https://lief.re/ - PoC zum n8n-RCE: https://github.com/Chocapikk/CVE-2026-21858 - 39C3-Vortrag von Christopher und Sylvester: https://media.ccc.de/v/39c3-apt-down-and-the-mystery-of-the-burning-data-centers
https://youtu.be/70azaXOhjpIhttps://odysee.com/@NaomiBrockwell:4/PGP:4Email is closer to a digital postcard than a sealed letter, and mainstream providers like Gmail read and analyze everything that's inside. Unfortunately, email isn't going anywhere in our society because it's baked into how the digital world communicates; but luckily there are ways to make your emails more private. One tool that you can use is called PGP. In this video, I'll explain what PGP is, and show you how providers like Protonmail make it super easy to encrypt the contents of every email you send.00:00 Email Was Never Built for Privacy00:50 What is PGP02:17 How PGP Works06:43 Proton Tutorial07:03 In-Network Emails07:42 Out-of-Network Password Protected Emails09:00 Out-of-Network PGP Protected Emails10:37 Importing PGP Keys11:49 Exporting and Sharing PGP Keys12:35 How to Share Your Public Key14:56 Phil Zimmerman and The Ludlow InstitutePhil Zimmerman said in his original PGP user guide text “Why I Wrote PGP” in 1991 that: “PGP empowers people to take their privacy into their own hands. There has been a growing social need for it". That statement remains even more resounding today. The builders of privacy tools risk a lot in order to create the tools that protect us all. It's up to us to use them. Phil Zimmerman Text “Why I Wrote PGP”: https://philzimmermann.com/EN/essays/WhyIWrotePGP.htmlMy Interview with Phil Zimmerman:https://www.youtube.com/watch?v=NciVkd6ddPoSpecial Thanks to Phil Zimmerman for his mentorship and advisory role at the Ludlow InstituteBrought to you by NBTV team members: Lee, Derek, Will and Naomi.NBTV is a project of the Ludlow Institute, a 501c3 non profit whose mission is to advance freedom through technology.To support NBTV, visit:https://LudlowInstitute.org/donate(As a 501(c)(3) non profit, all donations are tax-deductible in the USA as permitted by law.)Visit our shop!https://Shop.NBTV.mediaOur eBook "Beginner's Introduction To Privacy:https://amzn.to/3WDSfkuBeware of scammers, I will never give you a phone number or reach out to you with investment advice. I do not give investment advice.Support the show
Every Wednesday afternoon, we'll be talking Making Babies.Andrea will be joined by Professor Shane Higgins, Consultant Obstetrician and Gynaecologist, to cover every area of trying to have a baby. From the very start of knowing how to prepare, right up to pregnancy – and all the bumps in the road in between.This week, Shane joins Andrea to discuss pelvic girdle pain (PGP) and how you can manage it if you come across it during your pregnancy.
Good day ladies and gentlemen, this is IRC news, and I am Joy Stephen, an authorized Canadian Immigration practitioner bringing out this data analysis on the number of applicants approved for Canadian Permanent Residence for multiple years Under the Federal Parents & Grandparents Permanent Residence selection program based on your country of Citizenship. I am coming to you from the Polinsys studios in Cambridge, OntarioOntario recorded 17,580 sponsored admissions in 2023, accounting for the major share of national PGP approvals and reuniting thousands of families. Stay tuned with IRCnews for weekly updates, data and programs on Canada Immigration. If you are interested in gaining comprehensive insights into the Federal Parents & Grandparents Permanent Residence selection program or other Canadian Federal or Provincial Immigration programs, or if you need guidance post-selection, we cordially invite you to connect with us via https://myar.me/c. We highly recommend attending our complimentary Zoom resource meetings held every Thursday. We kindly request you to thoroughly review the available resources. Subsequently, if you have any questions, our team of Canadian Authorized Representatives is readily available to address your concerns during the weekly AR's Q&A session on Fridays. You can find details for both these meetings at https://myar.me/zoom. Our dedicated team is committed to providing professional assistance throughout your immigration journey. Furthermore, IRCNews offers valuable insights on selecting a qualified representative to advocate on your behalf with the Canadian Federal or Provincial governments, accessible at https://ircnews.ca/consultant. Support the show
"Cypherpunks escrevem código", "Se você quer mudar o mundo, não proteste. Escreva código!" Esses são exemplos de mantras que dominam o discurso dos programadores cypherpunks, ativistas digitais pela liberdade e a privacidade no ciberespaço. Mas será que somente código é suficiente para resolver todos os nossos problemas? Vamos ver o que o Hal Finney pensa sobre o assunto e aproveitamos para vincular com o atual caso envolvendo os desenvolvedores da carteira Samourai Wallet focada em privacidade no Bitcoin.Post do Otto (na publicação do vídeo ainda com apenas 3 curtidas enquanto o post original já tinha mais de 610 curtidas): https://x.com/ottosch_/status/2002847573007364292Texto do Hal Finey: https://nakamotoinstitute.org/library/politics-vs-technology/Entenda o caso Samourai: https://youtu.be/kID2mOJF63kAjude os desenvolvedores de privacidade no Bitcoin: https://billandkeonne.org/Gravado no bloco 929090APOIE O CANAL https://bitcoinheiros.com/apoie/⚡ln@pay.bitcoinheiros.comPara agendar uma CONSULTA PRIVADA com o Dov: https://consultorio.bitcoinheiros.com/Consulta pública: https://ask.arata.se/bitdov00:00 Introdução01:48 Quem foi Hal Finney e sua importância para o Bitcoin05:12 Apenas escrever código pode mudar o mundo?10:24 O texto "Politics vs Technology" de Hal Finney12:09 A perseguição aos desenvolvedores da Samourai Wallet17:20 O código não elimina a realidade política18:13 O que foi a proposta Clipper Chip?24:25 A proibição de exportação do PGP nos Estados Unidos28:14 As garantias da 5ª Emenda ainda funcionam nos EUA?33:27 A importância de vitórias políticas para proteger a privacidade43:41 Alinhamento político é importante para o Bitcoin?48:16 Monero é uma shitcoin?49:57 Como ajudar os desenvolvedores da Samourai Wallet (Bill e Keonne)Escute no Fountain Podcasts (https://fountain.fm/join-fountain)para receber e enviar satoshinhos no modelo Value4ValueSIGA OS BITCOINHEIROS:Site: https://www.bitcoinheiros.comTwitter: https://www.x.com/bitcoinheirosAllan - https://www.x.com/allanraicherDov - https://x.com/bitdovBecas - https://x.com/bksbk6Instagram: https://www.instagram.com/bitcoinheirosFacebook: https://www.fb.com/bitcoinheirosPodcast: https://anchor.fm/bitcoinheirosMedium: https://medium.com/@bitcoinheirosCOMO GUARDAR SEUS BITCOINS?Bitcoinheiros recomendam o uso de carteiras Multisig com Hardware Wallets de diferentes fabricantes ou próprias.Para ver as carteiras de hardware que recomendamos, acesse https://www.bitcoinheiros.com/carteirasVeja os descontos e clique nos links de afiliados para ajudar o canalPor exemplo, para a COLDCARD - https://store.coinkite.com/promo/bitcoinheirosCom o código "bitcoinheiros" você ganha 5% de desconto na ColdCardPlaylist "Canivete Suíço Bitcoinheiro"https://www.youtube.com/playlist?list=PLgcVYwONyxmg-KH5bwzMU4sdyMbVMPqwbPlaylist "Carteiras Multisig de Bitcoin"https://www.youtube.com/playlist?list=PLgcVYwONyxmi74PiIUSnGieNIPqmtmdjWISENÇÃO DE RESPONSABILIDADE:Este conteúdo foi preparado para fins meramente informativos.NÃO é uma recomendação financeira nem de investimento.As opiniões apresentadas são apenas opiniões.Faça sua própria pesquisa.Não nos responsabilizamos por qualquer decisão de investimento que você tomar ou ação que você executar inspirada em nossos vídeos.P.S. para os buscadoresSomos bitcoinheiros, não bitconheiros, nem bitconheros, bitcoinheros, biticonheiros, biticonheros ou biticoinheros.O Dov é bitcoinheiro, não bitconheiro, nem bitconhero, bitcoinhero, biticonheiro, biticonhero ou biticoinhero.É Bitcoin, não Bitcon e nem Biticoin :)
The second part of our conversation with Scott Morrison, Scott Little, and Beth Wall of MailMaven and Joe Kissell of Take Control Books, explores token-based search, a separate global search window, and smart mailboxes/rules with nested criteria. They explain how the conversation map tames complex threads, while a keyboard-first design speeds filing and actions, and detail a privacy-by-design approach—local data, encrypted metadata sync, and built-in PGP—and explain onboarding, documentation, and dynamic, scriptable signatures. (Part 2) This edition of MacVoices is brought to you by the MacVoices Dispatch, our weekly newsletter that keeps you up-to-date on any and all MacVoices-related information. Subscribe today and don't miss a thing. Show Notes: Chapters: [0:00] Part 2 intro and setup[0:49] Token-based search with suggestions[2:11] Power user search syntax and filters[4:04] Mailbox filter vs. global search window[5:31] Advanced tokens menu and options[7:38] Smart mailboxes with nested criteria[8:50] Nested rules and complex logic[10:17] Conversation threading pain points[10:55] Conversation map and full-thread view[13:20] Per-message vs. whole-thread actions[16:34] Security model and local-only email data[17:23] Encrypted metadata sync and keys[19:53] Built-in PGP vs. extensions; S/MIME plans[23:09] Limits of email security in the real world[28:08] Docs vs. Take Control book: how to start[30:05] Dynamic signatures and real-world examples Links: SpamSieve Take Control of MailMaven by Joe Kissell (free!) Guests: Beth Wall is perhaps the main ingredient in the glue that has formed SmallCubed. Beth brings experience in systems' adminstration, databases and networking. Beth streamlines our SmallCubed workflows, builds websites, maintains our support systems and stores and cracks the whip. She has also played a key role in the organization of the Çingleton conferences in Montreal Scott Little is based in Gdansk, Poland and the founder of Little Known Software. He has worked in software development for over 20 years and has specialized in the development of plugins for Apple's Mail.app for over 10 years. Scott has collaborated with other prominant Mail Plugin companies, such as Creative In Austria, and Feingeist Software and brought Little Known's products SignatureProfiler and Tealeaves to SmallCubed. He is our back-end wizard an server go-to guy. Scott Morrison of Vancouver Island, Canada, developed Mail Act-On in 2004 and MailTags in 2005 and hasn't looked back. The product suite of MailTags, Mail Act-On and MailPerspectives is use by thousands of Mac users daily to bring sanity and fluidity to their email workflows. Scott Morrison has also been actively involved in the Mac Indie Developer Community as a speaker at several conferences and a co-founder of the Çingleton Conference in Montreal. Support: Become a MacVoices Patron on Patreon http://patreon.com/macvoices Enjoy this episode? Make a one-time donation with PayPal Connect: Web: http://macvoices.com Twitter: http://www.twitter.com/chuckjoiner http://www.twitter.com/macvoices Mastodon: https://mastodon.cloud/@chuckjoiner Facebook: http://www.facebook.com/chuck.joiner MacVoices Page on Facebook: http://www.facebook.com/macvoices/ MacVoices Group on Facebook: http://www.facebook.com/groups/macvoice LinkedIn: https://www.linkedin.com/in/chuckjoiner/ Instagram: https://www.instagram.com/chuckjoiner/ Subscribe: Audio in iTunes Video in iTunes Subscribe manually via iTunes or any podcatcher: Audio: http://www.macvoices.com/rss/macvoicesrss Video: http://www.macvoices.com/rss/macvoicesvideorss
The second part of our conversation with Scott Morrison, Scott Little, and Beth Wall of MailMaven and Joe Kissell of Take Control Books, explores token-based search, a separate global search window, and smart mailboxes/rules with nested criteria. They explain how the conversation map tames complex threads, while a keyboard-first design speeds filing and actions, and detail a privacy-by-design approach—local data, encrypted metadata sync, and built-in PGP—and explain onboarding, documentation, and dynamic, scriptable signatures. (Part 2) This edition of MacVoices is brought to you by the MacVoices Dispatch, our weekly newsletter that keeps you up-to-date on any and all MacVoices-related information. Subscribe today and don't miss a thing. Show Notes: Chapters: [0:00] Part 2 intro and setup [0:49] Token-based search with suggestions [2:11] Power user search syntax and filters [4:04] Mailbox filter vs. global search window [5:31] Advanced tokens menu and options [7:38] Smart mailboxes with nested criteria [8:50] Nested rules and complex logic [10:17] Conversation threading pain points [10:55] Conversation map and full-thread view [13:20] Per-message vs. whole-thread actions [16:34] Security model and local-only email data [17:23] Encrypted metadata sync and keys [19:53] Built-in PGP vs. extensions; S/MIME plans [23:09] Limits of email security in the real world [28:08] Docs vs. Take Control book: how to start [30:05] Dynamic signatures and real-world examples Links: SpamSieve Take Control of MailMaven by Joe Kissell (free!) Guests: Beth Wall is perhaps the main ingredient in the glue that has formed SmallCubed. Beth brings experience in systems' adminstration, databases and networking. Beth streamlines our SmallCubed workflows, builds websites, maintains our support systems and stores and cracks the whip. She has also played a key role in the organization of the Çingleton conferences in Montreal Scott Little is based in Gdansk, Poland and the founder of Little Known Software. He has worked in software development for over 20 years and has specialized in the development of plugins for Apple's Mail.app for over 10 years. Scott has collaborated with other prominant Mail Plugin companies, such as Creative In Austria, and Feingeist Software and brought Little Known's products SignatureProfiler and Tealeaves to SmallCubed. He is our back-end wizard an server go-to guy. Scott Morrison of Vancouver Island, Canada, developed Mail Act-On in 2004 and MailTags in 2005 and hasn't looked back. The product suite of MailTags, Mail Act-On and MailPerspectives is use by thousands of Mac users daily to bring sanity and fluidity to their email workflows. Scott Morrison has also been actively involved in the Mac Indie Developer Community as a speaker at several conferences and a co-founder of the Çingleton Conference in Montreal. Support: Become a MacVoices Patron on Patreon http://patreon.com/macvoices Enjoy this episode? Make a one-time donation with PayPal Connect: Web: http://macvoices.com Twitter: http://www.twitter.com/chuckjoiner http://www.twitter.com/macvoices Mastodon: https://mastodon.cloud/@chuckjoiner Facebook: http://www.facebook.com/chuck.joiner MacVoices Page on Facebook: http://www.facebook.com/macvoices/ MacVoices Group on Facebook: http://www.facebook.com/groups/macvoice LinkedIn: https://www.linkedin.com/in/chuckjoiner/ Instagram: https://www.instagram.com/chuckjoiner/ Subscribe: Audio in iTunes Video in iTunes Subscribe manually via iTunes or any podcatcher: Audio: http://www.macvoices.com/rss/macvoicesrss Video: http://www.macvoices.com/rss/macvoicesvideorss
Inspired by the ethos of Silk Road and the lifespans of Agora and Dream Market, a new player emerged from the shadows of Tor in 2020: Archetyp. Built on promises of security, usability, and “ethical” standards, the marketplace steadily grew while rivals rose and fell. By 2025 it served ≈ 600 000 users, ≈ 3 000 vendors, and had moved ≈ €250 million in illicit transactions.We trace the founder—known as “Yoshi” (BigBossChefOfArchetyp)—and his obsessive focus on operational security. Archetyp required Monero‑only payments, leveraged PGP encryption, offered auto‑encryption of shipping data, ran an anti‑phishing sandbox (“jail”), and used rotating Tor mirrors to stay online.Beyond the tech, the market stood out for its sleek UI, step‑by‑step guides, powerful search filters, and even built‑in games—making it the “beauty queen” of darknet markets.Relentless DDoS attacks smothered Archetyp's fifth‑birthday celebration. Shortly afterward, Yoshi vanished from the forums and an ominous “maintenance” screen replaced the home page—blank and static. A few days later a graphic‑novel‑style video surfaced online, announcing that the market had been seized.Operation Deep Sentinel—a coordinated sweep led by Germany's BKA and backed by Europol, Eurojust, Dutch, Spanish, Romanian, Swedish, and U.S. agencies—hit in June 2025. Within days the Dutch data centre was seized, a 30‑year‑old German administrator was arrested in Barcelona, and €7.8 million in cash, crypto and hardware vanished into police evidence lockers.As the front page flickered to a seizure banner, frantic posts flooded the Dread forum. The darknet community, hardened by previous busts, scattered—but the question remains: Can law enforcement ever stay ahead of the ever‑evolving dark‑web trade?Speakers:Sarah Fares, Analyst at the Global Initiative Against Transnational Organized Crime.Louise Ferret, Lead Threat Intelligence Analyst at Searchlight Cyber.Article:An Archetypal drug market: Despite the dismantling of dark web drug market Archetyp, illicit marketplaces reassemble faster than they fallAdditional Links:Global Initiative Against Transnational Organized CrimeSearchlight CyberResearch...
In this episode of All Things Policy, Sridhar Krishna (Senior Scholar), Suman Joshi (Staff Programme Manager, GCPP) and Kripa Koshy (Staff Programme Manager, PGP) take a high-level look at the state of Indian society vis-à-vis inequalities and contradictions that pervade it. They pay particular attention to the story beyond economic indices, with particular attention to privilege and the role of institutions. Listen to hear their musings on everything from the role of education in overcoming inequalities, how elite progressivism factors into this and what the implications may be for policymakers. All Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.Find out more on our research and other work here: https://takshashila.org.in/research-areasCheck out our public policy courses here: https://school.takshashila.org.in
In juli 2015 doet de politie een inval in een opslagruimte in Nieuwegein. Daar worden meer dan 100 wapens gevonden. Daarnaast worden er grote hoeveelheden munitie, geluidsdempers, kogelwerende vesten, gestolen auto's en PGP-telefoons ontdekt. In totaal worden acht mannen verdacht van het voorbereiden van verschillende misdrijven, waaronder het voorbereiden van liquidaties. In de megastrafzaak komt ook Ridouan Taghi voor het eerst in beeld bij justitie als vermeend opdrachtgever binnen de criminele organisatie. In deze speciale 150e aflevering van Napleiten bespreken Wouter en strafpleiter Ayse Çimen de zaak 26Koper met rechter Peter Björn Martens én bespreken hoe deze zaak het Nederlandse strafrechtspraktijk voorgoed heeft veranderd. Rechtbank: https://uitspraken.rechtspraak.nl/details?id=ECLI:NL:RBAMS:2016:7738 Hof: https://uitspraken.rechtspraak.nl/details?id=ECLI:NL:GHAMS:2019:801 Hoge Raad: https://uitspraken.rechtspraak.nl/details?id=ECLI:NL:PHR:2021:565See omnystudio.com/listener for privacy information.
E103 | Paul en Wouter vertellen alles over hun onderzoek naar de fatale nacht waarin Lisa werd vermoord. Hoe vonden ze de camerabeelden van de verdachte? Wat weten we tot nu toe over deze man? En hoe gaan Paul en Wouter om met kritiek op hun artikelen? En verder: De luisteraarsvraag is van Jan: hoe communiceren criminelen nu alle PGP-diensten zijn opgerold? Kaartjes voor de theatervoorstelling koop je via Parool.nl/live Presentatie: Corrie GerritsmaMisdaadverslaggevers: Paul Vugts en Wouter LaumansProductie en montage: Verena VerhoevenEindredactie: Josien WolthuizenMuziek: Kloaq Audio Design Schrijf je hier in voor de wekelijkse Misdaadnieuwsbrief. Stel je vraag aan Paul en Wouter via:Mail: misdaad@parool.nlWhatsapp en Signal: 06 27 19 33 64 Meer lezen? Lisa (17) uit Abcoude sloeg zelf alarm bij 112 voordat ze werd omgebracht in Duivendrecht Gevoel van onveiligheid door drugsgebruik en criminaliteit op azc waar verdachte van moord op Lisa werd opgepakt: ‘Politie is hier altijd’ Verdachte (22) van moord op Lisa en zedendelicten vermoedelijk afkomstig uit Nigeria Support the show: https://www.kiosk.nl/See omnystudio.com/listener for privacy information.
There was a bug in an OpenPGP library which finally gave us an excuse to tear encrypted email via PGP to shreds. Our special guest William Woodruff joined us to help explain the vuln and indulge our gnashing of teeth on why email was never meant to be encrypted and how other modern tools do the job much, much better.Watch on YouTube: https://www.youtube.com/watch?v=IoL3LfIozJoTranscript: https://securitycryptographywhatever.com/2025/08/22/stop-using-encrypted-email-with-william-woodruffLinks:- William Woodruff: https://yossarian.net/- https://www.latacora.com/blog/2020/02/19/stop-using-encrypted/- https://www.rfc-editor.org/rfc/rfc4880- https://codeanlabs.com/blog/research/cve-2025-47934-spoofing-openpgp-js-signatures/- https://www.mailpile.is/blog/2014-10-07_Some_Thoughts_on_GnuPG.html- https://www.rfc-editor.org/rfc/rfc9580.html- https://www.tumblr.com/accidentallyquadratic- https://www.w3.org/TR/xmldsig-core/- https://support.yubico.com/hc/en-us/articles/360013790259-Using-Your-YubiKey-with-OpenPGP- https://www.rfc-editor.org/rfc/rfc9580.html#name-signature-packet-type-id-2- https://www.rfc-editor.org/rfc/rfc9580.html#name-key-derivation-function- https://en.wikipedia.org/wiki/S/MIME- https://delta.chat- https://signal.org/blog/the-ecosystem-is-moving/- https://phakeobj.netlify.app/posts/gigacage/- https://x.com/dakami-----BEGIN PGP MESSAGE-----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-----END PGP MESSAGE-----"Security Cryptography Whatever" is hosted by Deirdre Connolly (@durumcrustulum), Thomas Ptacek (@tqbf), and David Adrian (@davidcadrian)
⭐️ Use this link to apply for up to 100% scholarships at the full-time PGP at Scaler School of Business: https://bit.ly/4lAiQLX ⭐️ Think School's flagship Communication course with live doubt sessions:https://thethinkschool.com/sp/communication-masterclass/VIDEO INTRODUCTION:In this episode of the Indian Business Podcast, we speak with Anshuman Singh (Ex-Meta) and Bhavik Rathod (Ex-Uber), the visionaries behind Scaler School of Business, to decode the DNA of impactful professionals and organisations. From designing teams that deliver 10x results to the role of ESOPs in retaining key talent, we explore how Indian companies can scale sustainably and what it truly takes to become a ₹50 LPA professional in today's fast-evolving business landscape. You'll hear lessons from Facebook and Uber, the real reason Silicon Valley thrives, and why India's MBA system is due for a reset. Plus, what made Mark Zuckerberg an effective leader beyond just tech skills. If you're a startup founder, aspiring business leader, or someone curious about building India's next-gen institutions, this episode is packed with insights.TIMESTAMPS:0:00 – Promo 1:44 – Agenda : How to make 50 lakhs a year? 3:57 – Why Engineers earn so less? 7:08 – How Alumni can change your life? 8:25 – ISB vs IIM 13:58 – Why Problem Solving is a magical skill to make CRORES?19:43 – How to Think like a GENIUS? 23:27 – How Side gigs can get you a high paying job? 25:03 – Why Side Gigs beats a fancy Resume ?27:56 – Ritesh Agarwal's secret school30:05 – How do CEOs hire? 37:10 – Why Uber is ruthless? 40:01 – Mark Zuckerberg's secret hiring process 43:37 – Magical resume formula to impress interviewer49:12 – Why project manager gets paid in CRORES?52:56 – How Communication Skill can make you CRORES?56:48 – How Scaler makes you SUPER TALENTED? 1:25:03 – How to become a millionaire employee? 1:37:43 – SECRET to Mark Zuckerberg's Success 1:44:33 – Ganesh's hottest points of the podcast!Our Best Indian Business Case Studies:1. Dhirubhai https://youtu.be/bSx6hDjALkQ?si=wE6PGMgiv7PpHdla2. Milky misthttps://youtu.be/-98fnc4VAo8?si=NtKHTWjvtr_9V8ne3. Old Monkhttps://youtu.be/GQPymbqa08A?si=BXhcZhDPXt9wTxO44. Waareehttps://youtu.be/T1PLEPTbXc4?si=3VbRKyBnd-3Trfqt5. Blinkit https://youtu.be/OGs2YsqvWDg?si=bZ_AqkdGEsl2X3xWThink School is a Digital School that we all deserved, but never had►►Check out Think School's Online courses: https://thethinkschool.com/sp/communication-masterclass/#thinkschool #businesscasestudy #geopolitics #uber #meta #indianbusinesspodcastCredits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost.
BOSSes Anne Ganguzza and Tom Dheere, your "real bosses" and co-hosts, connect to dive deep into the critical world of online security and scam prevention for voiceover professionals. They unpack Tom's recent harrowing experience with an AI voice cloning scam, offering a candid look into the crucial insights needed to navigate digital threats and build a truly secure business in today's landscape. Listeners will discover the essential role of vigilance and proactive measures in protecting their assets, gain an understanding of emerging scam tactics, and appreciate the power of community in safeguarding their careers. Anne and Tom also discuss practical pathways for secure transactions and the evolving nature of digital defense. 00:01 - Anne (Host) Hey guys, it's Anne from VO BOSS here. 00:04 - Speaker 2 (Announcement) And it's George the Tech. We're excited to tell you about the VO BOSS. Vip membership, now with even more benefits. 00:10 - Anne (Host) So not only do you get access to exclusive workshops and industry insights, but with our VIP plus tech tier, you'll enjoy specialized tech support from none other than George himself. 00:22 - Speaker 2 (Announcement) You got it. I'll help you tackle all those tricky tech issues so you can focus on what you do best Voice acting. It's tech support tailored for voiceover professionals like you. 00:32 - Anne (Host) Join us guys at VO BOSS and let's make your voiceover career soar. Visit voboss.com slash VIP-membership to sign up today. 00:45 - Speaker 3 (Announcement) It's time to take your business to the next level, the boss level. These are the premier business owner strategies and successes being utilized by the industry's top talent today. Rock your business like a boss, a VO boss. Now let's welcome your host, Anne Ganguzza. Hey, hey, everyone, welcome to the VO BOSS Podcast. 01:04 - Anne (Host) I'm your host, Anne Ganguzza. Hey, hey everyone, welcome to the VO BOSS Podcast. I'm your host, Anne Ganguzza, and I'm here with my real boss, Tom Deere. I had to think about that, Tom. We've been together so long. I was like what is our subtitle here? We are real bosses. 01:20 - Tom (Host) Yeah, we're real bosses. Thanks for having me back, Anne. 01:23 - Anne (Host) How are you doing, Tom, my real boss? Co-host. 01:26 - Tom (Host) All things considered, I'm doing okay, I had a weird experience recently which it seems like a lot of voice actors are experiencing. I got an email from someone expressing interest in wanting to cast me for a voiceover project. Oh yes, I looked at it and it was this long-form project, something like 9,000 and change words. And I looked at it and I'm like and you know I was reading the ins and outs of it and I'm like, huh, like my spider sense was tingling a little bit, but I'm looking at, I'm like this one is worth replying to and getting some information about. 02:00 So there was a little bit of back and forth about it. 02:03 - Anne (Host) So you did reply, and then there was. 02:05 - Tom (Host) There was more conversation. 02:06 - Anne (Host) Yeah, there was more conversation, which is what I always do when I'm trying to find out more information about a job to make sure it's legit. 02:12 - Tom (Host) Right Now, around the same time, maybe a couple of days after that, someone posted on a Facebook group hey, I got this email. It was saying this and this Did anyone else get it? Does it seem legit? And it looked like it was the same email that I had gotten, so I was following that it turns out. 02:28 It was posted by our friend, bridget Real, who is the co-founder of VA for VO, the virtual assistant site that helps voice actors, and we talked about it a little bit and we're both like, yeah, we're going to keep digging a little bit and see what's going on. And then her business partner, lynn, also got the email and I was getting ready to accept it just to see what would happen. And that morning I got a message from her saying hey, did you accept this project? Yet I'm like no, why? And she said because both of us accepted the project. We both got cast for the same exact project. We both got the same exact script. They sent me the script. 03:00 So then I did this. I went to Gemini, google Gemini, which is my AI bot of choice, and I did the prompts. I said you are an expert at detecting scams. Please analyze this script and let me know if you think that this script could be used to harvest a voice actor's voice to clone it. A voice actor's voice to clone it. And it did its analysis and I've got like the 2.5 advanced. So it takes a little time. And it wrote back oh, yes, it does. And here are all the reasons why this, this, this, this, this, this and this. And then I sent that information to Bridget and Lynn and they're like we knew it. We knew it. So then she created a wonderful post on LinkedIn talking about it. And then I wrote a blog with all the information and, like what happened, it was the most read blog I've had in like three years or something like that. 03:52 Yeah, it was crazy. 03:53 - Anne (Host) What's so interesting is it could have been a legit job, like for payment. You would have done it, they would have paid you for it, but they would have used your voice as an AI voice. 04:05 And so therefore, legally right in the end. Right, if you found out later on they could say, oh no, no, no, we paid you. I mean, it was a job that we paid you for and there was no extenuating circumstances or contracts to be signed which, by the way, I'm going to bring up Nava and the AI writer For all your jobs. You should be attaching that AI writer so that your voice is not going to be used as an AI voice, for sure, for sure. 04:37 - Tom (Host) So, to let everybody know, the website was GigLumin G-I-G-L-U-M-I-N. And if you do a Google search of GigLumin and this is what Bridget had figured out is that the website was only a month or two old. And there's these scam websites that you can enter the URL of a website in and it can tell you how likely that's a scam. It checked every red flag, every box, every single box. 04:56 - Anne (Host) So, yes, vo people, bosses, beware, right. So beware of emails. And you know, it's funny because it's lately, just because of the whole AI thing. Anytime I get an email with a job from someone that I don't know, right, that is just out of the blue, that I didn't audition for, where they have large amounts of words, the hairs on the back of my neck kind of stand up and I immediately, immediately check into it. And I think this really warrants a discussion, bosses, because it's very timely that you want to make sure that these jobs are legitimate. So the more research you can do. And I love, Tom Dheere, how you used AI to fight AI Again. 05:37 We had our previous episode on tools that we use. I mean, we are utilizing it as a tool to help us in our day-to-day jobs, and so I think, being aware of possible scams out there, we absolutely have to be, and I'll tell you if it's somebody that I've never heard of and they don't have a signature file. I've gotten to the point where I don't even like and it's not like from a company.com. I don't even literally take it seriously anymore. I don't know about you, Tom, what do you think? 06:05 - Tom (Host) Yes, I'm equally skeptical these days but, I, really like what you said about when you receive the email, check to see if there is a signature at the Tom of it with the company logo, website and contact information. That is one of many red flags and I don't know how much you've noticed lately, Anne, but since I would say about early April, there has been an explosion of scam attempts going on in the voiceover industry. We've had the overpayment scam. That's been going on for at least 10 or 15 years. 06:37 - Anne (Host) Gosh, at least, and bosses. If you haven't heard about it, Tom, let's talk about the overpayment scam for just a minute. Yeah, yeah, Okay so what happens is it's very common. 06:45 - Tom (Host) It's very common. It's been going on for a really long time. So basically they email you and say hey, we've got a project for you, da-da-da-da-da-da. The classic one was the game show host voiceover. 06:55 - Anne (Host) It has since evolved. 06:56 - Tom (Host) And basically they say that we've booked a studio in the area nearby. We're going to get paid or pay for the studio and then send us back the difference and something like that. And it's never a gig. 07:12 - Speaker 2 (Announcement) All they're trying to do is get you to cash that check and send them money, which is fraudulent, by the way. 07:18 - Anne (Host) And, by the way, I've gotten to the point where, if I have a new client, the only way they can really pay me is electronically. 07:25 And I figure, if you don't have electronic means to pay me immediately before the job and it's even in my terms and I've done this for years, Tom, I always have payment in full prior to job start is appreciated and other options available upon request. 07:39 But if it's a new client, I'll take that out because I must have that money in my bank account before I will even consider finishing that job or sending a file. And I'll tell you what, Tom for all of my career it's worked for me Because if people are serious about hiring you, they know that you're a professional, they know that you're going to get the job done. Of course they have to put their faith in you. But in reality and I'll even say because you're a new client I require payment up front electronically. And here are the ways that you can pay me. And so I'll send them, like a QuickBooks invoice, or I'll give them a PayPal account or however that works, and I expect that money in the account and I wait for that money and I make sure that I have the money and then I'll proceed with the job. 08:21 - Tom (Host) That's a really good idea. There's nothing wrong with even asking for 50% or 25% or just some percentage of it. The fact that they're actually going to fork over money with no expectation of an overpayment or getting it back or disputing the payment or anything like that. 08:37 Once it clears, you know that they're serious. And there's a bunch of like. I use Wave apps, for example. That's a great way to do it and I'm pretty sure they can do a partial payment. Or you can just make one invoice just for the deposit and then issue another invoice for the balance If they're a legitimate client that actually has money that they're planning on paying you with, they would have no problem with paying at least a portion of it up front. 08:59 - Anne (Host) Yeah, a lot of my clients nowadays the larger clients that used to like work off of purchase orders, and then it would be like 90 days after the job has been submitted. We'd have to wait for that check, they'd have to generate the PO and everything. You'd sign contracts like vendor contracts and that sort of thing, which I've done a lot, and so if they've got a contract for you to sign, that's vendor, nda, that sort of thing, and you know the company. It's like a well-known company. They're on the web. They've been on the web for years. I mean you can pretty much trust in that where I'll do the job and then I'll get paid. If I've worked with them before, I know that's typically how larger companies work and so that's when I'll accept a check. But even now most of those companies they're going to electronic deposit, like ACH they call it. 09:42 ACH, yeah, so it's direct deposit to your bank and most of the companies I know will do that and that's a form of payment that I trust and that would be a client that I would trust. So if it's a larger company that I know they exist on the web and they talk about, well, you're going to have to do the job first and then we'll be able to pay you once the purchase order is created, blah, blah, blah, blah, and you sign these contracts. I feel fairly good about that and I don't have to think, oh, this is a scam. But whenever I get an email without an actual signature file that comes from an address that isn't companycom, right, if it's a Gmail or a Yahoo or whatever, even a Microsoft what is the free Microsoft one? 10:20 Hotmail, hotmail, yeah, even if it's Microsoftcom, I feel like there's some sort of free sort of Microsoft. You know what I mean Like email that says that I just don't trust it and I'll immediately. The first thing I'll do is look for a website and when I get to the website I'll look for a phone number and then I'll actually try to call that phone number. What are the steps that you take, Tom, to ensure that your job is legit? 10:41 - Tom (Host) Everything that you just said. I also, by the way, I do love the ACH direct deposit because there's no fee. When PayPal, there is a fee, or wire transfer. That's really nice. Here's one thing that I've been doing lately is, if I get a we'll call it a solicitation, for lack of a better term from a company saying hey, and it'll most often be we found you on Google, we found you on Voice123 or some other front-facing thing. You know what's an interesting thing to do? Go look for them on LinkedIn. 11:11 Look for them on LinkedIn. Look for the company and look for the individual and see if you have any mutual connections. I mean, it could be anybody, whether it's a voice actor or somebody in some other profession, and you can reach out on LinkedIn and say, hey, I got an email from this company and you have a connection with them on LinkedIn. What's your experience with them? And that could give you some really quick insight. Sometimes it's just like, oh, I've been working with them for years, or it's oh, they're a huge scam. I forgot to disconnect with them. Run, run, run. Or I'd sent a rando invite, or they sent a rando invite and I don't have any information for you. But it could increase your chance of vetting them a little bit better. Another thing is that I keep an eye out, for is if they ask me to send them a W-9, the more likely that they are legitimate. 12:00 Yeah, yeah, absolutely, which I find interesting because if they were a real, true scam artist, they would want that W-9, because now they would have your social security number and now they can steal your identity too. 12:11 - Anne (Host) Well, oh my gosh, Tom, and that's scary actually, but that's why you don't put your social security number. You put your EIN number, because you're a company right, and you don't have to give up your EIN number, which is, by the way, one thing. I'm glad you mentioned that like we should all be having an EIN number. I'm glad you mentioned that, like we should all be having an EIN number. 12:30 - Tom (Host) Yes, it's very, very simple to get. It takes very, very little time. So it's a very easy get. I just reminded myself and we just talked about identity theft is that I almost had my identity stolen yesterday. 12:43 - Anne (Host) Whoa, that's scary. Yes. 12:45 - Tom (Host) How do you? 12:46 - Anne (Host) know like what happened. 12:51 - Tom (Host) Okay, so it was about a little after 10 am yesterday is when things started happening, so within a few minutes of each other, I got an email from Credit Karma, norton which, because I have my Norton 360 antivirus software package, I pay a subscription through that and Experian. For those of you who don't know, there are three major credit bureaus there's Experian, there's TransUnion and there's Equifax. I have a free account with Experian and I have a free account with Credit Karma. All three of them, within a few minutes of each other, messaged me and said that there was a hard inquiry. 13:30 - Anne (Host) Yeah. 13:30 - Tom (Host) So what that means is if you are applying for a loan, a mortgage, a credit card or something like that, the company that you're applying to will do a credit check. So they will check your credit and see if you are a safe credit risk to make the loan or to get the credit card, for this was a hard inquiry. If you get enough hard inquiries on your credit, your credit will go down. 13:55 - Anne (Host) Yeah, absolutely. I know that because I'm a stickler about my credit. 13:59 - Tom (Host) Me too. My credit rating, oh my gosh. If mine isn't at least 800, something I freak out, oh my gosh. 14:04 - Anne (Host) Yeah, no, mine has to be like almost close to perfect, and when it goes down like two points, I'm like wait why? Why did that happen? Right? And it's just because you put a charge on it for a few hundred dollars, and then you pay it off next week and then everything's fine, so that's normal. 14:18 - Tom (Host) So all three of them told me at roughly the same time that there was a hard inquiry. So I clicked on all the emails and all three of them said that somebody was applying for a Discover credit card, I think in Salt Lake City, and someone was applying for a Capital One credit card in Delaware, and I was in New York City neither applying for a Discover credit card or a Capital One credit card. I certainly wasn't in Salt Lake City or Delaware at the same exact time. 14:49 - Anne (Host) You know, what's so interesting, Tom, is that, like I don't know, a few months ago I don't know if there was a discussion circulating or maybe I got an email but somebody said, and like I should have done this years ago, I mean you can freeze your account so that if you don't open up a credit card every other day which I'm certainly not right Because again, it affects my credit rating and I'm anal about that and so I'm like well, I don't need to apply for any other credit cards, so you can go and freeze that, so that you can actually reduce the risk of somebody trying to open up credit cards or identity theft. 15:19 So and it's super simple to do it, as I said, everybody should have that free account. You should log in, you should check your credit scores regularly I think they allow you once a month, I think even my credit cards. My American Express will tell me oh, your FICO score has changed, right, so they're monitoring it too, and so literally, I get lots of notifications when that rating goes up and down. But I know that I've reduced my chances of identity theft, which is a very scary thing, by freezing those accounts and it's very simple to unfreeze. So, if you know you want to apply for a credit card. You just got to go and unfreeze it for a certain amount of time so you can apply for it and then freeze it back up again. So that way it reduces the risk. 15:57 - Tom (Host) And all those emails that I got, all those notifications did give me the option to do that. I was also able to say this because it, literally, when Norton 360 popped up and it took me to their website, it literally said is this you and you can check yes or no? And I wrote no and then the whole screen turned red saying okay, we know this is a problem, we will look into it. 16:17 It did it with all those and then I called Capital One Bank. It took me a few people. It had to get escalated a couple of times to the credit card fraud department. 16:25 - Anne (Host) Well, don't you say, they give you a special number, right? 16:27 - Tom (Host) They say call this number if it's not you, or you can call this number. I just called the general number because all that was on the notification, I think, was the Capital One in Salt Lake City or something like that. So I called directly and said please state your problem. I'm like I think I'm getting my identity stolen. And then it got up there and then they manually rejected the credit card application at least for the Capital One. 16:50 And then this morning I got another Credit Karma email saying that there was a check on my Equifax report not the Experian one and I looked at the date of it. It also said yesterday. So that means Credit Karma had my back twice and Experian had my back and Norton had my back twice. Right, right, and Experian had my back and Norton had my back and everybody bosses. This is the takeaway. Creditkarmacom is free, having an account with Experian is free, it doesn't cost you a nickel. 17:18 - Anne (Host) All of them TransUnion, they're all free TransUnion, Equifax, they're all free. 17:23 Exactly and you can check your scores and, like I said, a lot of banks and a lot of credit cards are actually adding that on as like a value add kind of service, but you don't have to pay anything for it. I think there's a lot of it going on, Tom, which is kind of scary. We got to be careful about scammers, that's for sure. And anytime, even in your email, right, if you get like again, if I find something that doesn't have a signature and then they have an attachment like PayPal has been well-known scams where you get like oh, you've got a PayPal invoice, right, and you have to pay this amount and it looks legit. I mean, they've got like the PayPal logo. I've gotten quite a few of those over the last six months. 18:01 - Speaker 2 (Announcement) And. 18:01 - Anne (Host) I just ignore anything. Just remember that most financial institutions will never email you for information and they'll never text you necessarily for that information either, and you should also, Tom. We should have a big discussion on having multi-factor authentication. 18:19 - Tom (Host) Yes. 18:19 - Anne (Host) This is extremely important. 18:21 - Tom (Host) It's annoying as hell or two-factor, two-factor authentication For every account that you have, especially the financial ones, you should have two-factor authentication, which means either they send you a text message and you just click on the link and you're good to go, or it sends you an email and it'll usually give you a passcode of some sort and then you go to the website. When you're trying to log on, you enter that passcode and then it'll let you do it, and most of them are only good. Some of them are only good for 30 days. Sometimes you can check a box saying this is my private computer. It's okay for a certain amount of time, or they make you do it every single time, which isn't the worst thing in the world. Yes, it's annoying. 18:55 - Anne (Host) You know what I just thought about. It is annoying but it keeps you safe. It's funny how much like value you put in that number, that phone number, in this phone which, by the way, I just got a new phone but in this number for the two-factor authentication, right Like text me at this number. So think of the power that these phone companies have right, and that is scary. I mean it used to be a thing where I always thought like the large scale communication companies were a little bit of a monopoly, depending on the area that you're in. I mean, when I lived in the East Coast it was always Verizon right, verizon everything, verizon this, verizon that. Out here it's a couple of different companies but still, if you think about it, I mean I'm glad to have the two-factor authentication and it's super convenient on the phone. 19:39 But, it's interesting to know that you wouldn't want the hackers to get smart right and then start really infiltrating the phone, you know, and impersonating a phone number. 19:50 - Tom (Host) There's a couple of things about that is that, when it comes to authentication, when you're logging on your phone, I've got it set up where I just use my thumbprint for a lot of it. 19:59 - Anne (Host) I love that, or Face ID yeah the Face ID is a great one. 20:05 - Tom (Host) There's also a thing for a lot of the websites where I have a personal PIN that has nothing to do with the PIN or the password to access the site itself. If I am using my phone to log in somewhere, I can enter a four-digit PIN that's different from everything else, so it also increases the chance of having a secure whatever. Also, just as a rule, I don't do anything financial on my phone, with the exception of like Venmo Well, I have mobile banking If I'm like sending money if, like me, and the guys are having pizza, you know what I mean. 20:31 - Anne (Host) I have mobile banking and I do have Apple Pay. 20:35 - Tom (Host) Well, I have GPay too. 20:36 - Anne (Host) Yeah, so. 20:36 - Tom (Host) I'm a Google guy but like I will unless to my bank accounts online or Wave app or Wise or PayPal on the phone, unless I absolutely have to. 20:49 - Anne (Host) Interesting. I go to them quite a bit. Actually, you're probably fine because of all the precautions that you're taking, but I'm just a little extra neurotic about it. Oh, it's constantly got multi-factor authentication, but I get that. I totally get that. Wow, yeah, being careful, and you know what. 21:02 What's interesting is, back in the day and I'm going to date myself when I was working at the school and we had text-based email okay, and text-based email, I could have something and it was all based on like the Unix systems and so like hacking into a text-based, like I don't know how to say this, but hacking into a system like that, like a Unix system, and reading your email with text-based, you didn't always have like the conditions of people attaching things that could be viral, loading a virus on your computer. So I was always proud to say that I used text-based email and I used something called a PGP signature, which was a digital signature at the time, which meant that when I sent mail out, my PGP signature, it would actually negotiate and verify with the person that I would send it to so that it could be a verified digital signature. That indeed, yes, this mail did come from me, and I think that Norton probably has something like that now right. Is that with your email or no? 21:59 - Tom (Host) Yeah, it has all kinds of functions. 22:01 And it works on my desktop and it works on my laptop and it works on my phone. The most important function that it has is when I'm not home and I'm on my phone or my laptop or my tablet is the VPN when you can turn it on to make sure that if you're using Wi-Fi at a cafe or something like that, that it's secure, because apparently there are people who just like sitting around at a Panera or a Starbucks with their laptop and just waiting for someone to have an insecure Wi-Fi connection and they can just steal their life right there through their own laptop. 22:31 - Anne (Host) Well, it's funny how this conversation has turned into a big security conversation, starting off with scamming. Which guys you got to be aware? It's one of the reasons why, for all of my years and because of my years working in technology, I like wired connections. I mean Wi-Fi. I mean it's a wonderful technology and it's convenient as anything. However, it's not as secure as a wired connection, because a wired connection is basically, you know, your digital numbers flowing back and forth along a wire, versus all this information out in the air where, if somebody is sitting outside of my home, they can possibly hack into my wireless network and then they can run some sort of a tracer to see and to actually get my passwords, which is something that you don't really want that to happen. So you should really be cautious, guys, and I think it's always a good idea that, if you are working from home, if you have the opportunity to have a wired connection to your router, I think that that's better rather than using Wi-Fi. Number one it's more stable, right, it's faster and it's also more secure. 23:32 - Tom (Host) I agree. If you have a desktop at home and you are doing any kind of recording or you're doing basically anything, you should have an ethernet connection. That yellow wire with the big old phone jack that plugs right into the back of your computer and plugs into your Wi-Fi router. 23:47 - Anne (Host) And it sounds old school, but it's still the most secure method of data transfer. 23:51 - Tom (Host) Without question so if you are recording from home. If you're doing whatever from home, you have a desktop ethernet. If you have a laptop, I are recording from home. If you're doing whatever from home, you have a desktop Ethernet. If you have a laptop, I think the newer laptops don't even have an Ethernet connection. I have to think about my laptop and whether I even have one anymore, and here's the simple reason. 24:06 - Anne (Host) Think about it. It's a wire, guys. It's a wire. It's not like data floating around in the air which people can listen to. Somehow the frequency of the data traveling in the air right? Wi-fi works on frequencies when your data is traveling via a wire like a physical cable, unless somebody like I don't even know, unless they tap into that wire, right, somehow. 24:26 I don't know how they do that, and we're talking about your wire in your house going from your computer to your router. Right, that's as secure as it gets, right, unless somebody's coming into your house and hacking into the wire and tapping into it. 24:38 - Tom (Host) You've got some foreign embassy bugging your home. 24:41 - Anne (Host) Yeah, yeah, doing some fancy work, you're not going to have to worry about your data being transferred. So if you're working on the internet right, at least the data that's transferring from your house to your router is absolutely secure. And then it's up to your internet provider right on the router, to their routers, to make sure that things are encrypted, things are secure and for the most part I mean that's been handled right. I mean there are hackers out there that they can hack into networks. They can hack into things like that, but you want to be as safe as you possibly can, so wired is best. 25:14 - Tom (Host) Yes, it's fascinating. We talk about hard security and soft security, yes, that's hard security, that's hard security. 25:20 - Anne (Host) So, if we go back to talking about the scams that are floating around these days, one thing I wanted to mention is I think one of the best applications for groups, facebook groups and social media groups and discussion groups is for that thing, so that you and Bridget were talking to one another about this job that you both got, and then it's really wonderful that we can come together as a community and protect each other right and say, hey, look, watch out for the scam. So it is one of the best advantages, I would say, of being a part of the social media groups in that way. Otherwise, we've talked about how it's hard to sometimes they're toxic, sometimes it's really hard to be on social media. But I would say one of the best reasons to be on social media, in those groups and in those forums, would be because of the protection that you're getting of us banding together and saying, hey, watch out, this is a scam. 26:09 - Tom (Host) Absolutely, it's one of the most important things. Community is more than just about you know rah rah and whoop whoop and you know we support you and feel better if you're feeling down, but like just actual education, along with inspiration and commiseration can literally save your identity Absolutely. 26:27 - Anne (Host) Wow, what a great conversation, Tom. So bosses out there, be aware of scams. Be cautious. Research, research. Take a look at those signatures when you get emails coming in, when you get something that's asking for lots of words and a good price and it seems too good to be true, guess what it might be. So make sure that you're communicating with the community as well, checking those jobs out and attach that AI rider to every one of your jobs. Now, it's simple. It's there at NAVA and it's free. You can attach that rider to every job. If you have a new client, make sure you're very careful with the payment options. You know we spoke about that. I always make sure I get money up front, or partial money up front, first to make sure that it's a legit client. What else did I miss, Tom, in this recap? 27:14 - Tom (Host) Hardware and software VPNs. 27:16 - Anne (Host) EINs yes. 27:19 - Tom (Host) Oh yeah, VPNs, EINs, Two-factor authentication. 27:20 - Anne (Host) I love it. Yeah, Make sure you guys are implementing all of that to keep yourself safe and secure. So great topic, Tom. I like geeking out like this. 27:30 - Tom (Host) Yeah, it's fun and helpful. 27:31 - Anne (Host) Yeah, I'm going to give a great big shout out to my sponsor, IPDTL. You too can connect and network like real bosses. Find out more at IPDTL.com. Guys have an amazing week and we'll see you next week. 27:52 - Speaker 3 (Announcement) Bye. Join us next week for another edition of VO BOSS with your host, Anne Ganguzza, and take your business to the next level. Sign up for our mailing list at voboss.com and receive exclusive content, industry revolutionizing tips and strategies and new ways to rock your business like a boss. Redistribution, with permission. Coast-to-coast connectivity via IPDTL.
Fixation on Histology: Enhanced Method for PGP 9.5 Immunohistochemical Labeling in Small Fiber Neuropathy Blog is based on article in the June 2025 Journal of Histotechnology To read the full blog, click here.
The AI diffusion framework was repealed by the Trump administration shortly before it was to come into force on 15 May 2025. In this episode of All Things Policy Rijesh Panicker, Ashwin Prasad and Bharath Reddy unpack what this means for India and the world.The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.https://school.takshashila.org.in/pgpAll Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.Find out more on our research and other work here: https://takshashila.org.in/...Check out our public policy courses here: https://school.takshashila.org.in
In this episode of All Things Policy, Manoj Kewalramani and Anushka Saxena discuss the codification of China's security view and policy in its latest White Paper on National Security in the New Era. They analyse the key takeaways of the paper, including China's red lines, approach to the Asian regional order, and tensions with the West.The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.https://school.takshashila.org.in/pgpAll Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.Find out more on our research and other work here: https://takshashila.org.in/...Check out our public policy courses here: https://school.takshashila.org.in
Every painted wall, pothole & traffic in Bengaluru has a story to tell. In this episode of All Things Policy, Pravar Choudhary of Bengawalks and I, Sowmya Prabhakar, COO of Takshashila Institution, take a stroll exploring the dynamics of the markets, society & government. From gated communities to badly designed footpaths, from heritage buildings to street art, we explore Bengaluru's soul.The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.https://school.takshashila.org.in/pgpAll Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.Find out more on our research and other work here: https://takshashila.org.in/...Check out our public policy courses here: https://school.takshashila.org.in
We have much to be heartened about India's air power capabilities in the recent India-Pak military escalations. However, this is not a time for complacency, and many challenges lie ahead. In this episode of All Things Policy, Shobhankita Reddy sits down with Aditya Ramanathan, Research Fellow with the Takshashila Institution, to unpack and understand the critical steps needed for future preparedness. Link to Aditya's recent article - https://timesofindia.indiatimes.com/blogs/toi-edit-page/two-analyses-on-weapons-systems-strategic-affairs-after-the-pause-in-conflict/The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.https://school.takshashila.org.in/pgpAll Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.Find out more on our research and other work here: https://takshashila.org.in/...Check out our public policy courses here: https://school.takshashila.org.in
In this episode of All Things Policy, Prof. Y. Nithiyanandam speaks with Cmde (Dr) Arun Pratap Golaya about the significance of Operation Sindoor and what it reveals about India's indigenous defence ecosystem. They reflect on the opportunities it presents, the structural challenges startups face, and the need to bridge the gap between research, innovation, and operational deployment. From navigating policy bottlenecks to balancing indigenisation with strategic international collaboration, this conversation explores what it takes to build a resilient and future-ready defence innovation landscape in India. Tune in as they examine the lessons from Sindooor and ask: What could a truly self-reliant Indian defence ecosystem look like by 2040?The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.https://school.takshashila.org.in/pgpAll Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.Find out more on our research and other work here: https://takshashila.org.in/...Check out our public policy courses here: https://school.takshashila.org.in
SANS Internet Stormcenter Daily Network/Cyber Security and Information Security Stormcast
Resilient Secure Backup Connectivity for SMB/Home Users Establishing resilient access to a home network via a second ISP may lead to unintended backdoors. Secure the access and make sure you have the visibility needed to detect abuse. https://isc.sans.edu/diary/Resilient%20Secure%20Backup%20Connectivity%20for%20SMB%20Home%20Users/31972 BadSuccessor: Abusing dMSA to Escalate Privileges in Active Directory An attacker with the ability to create service accounts may be able to manipulate these accounts to mark them as migrated accounts, inheriting all privileges the original account had access to. https://www.akamai.com/blog/security-research/abusing-dmsa-for-privilege-escalation-in-active-directory Flaw in samlify That Opens Door to SAML Single Sign-On Bypass CVE-2025-47949 The samlify Node.js library does not verify SAML assertions correctly. It will consider the entire assertion valid, not just the original one. An attacker may use this to obtain additional privileges or authenticate as a different user https://www.endorlabs.com/learn/cve-2025-47949-reveals-flaw-in-samlify-that-opens-door-to-saml-single-sign-on-bypass
In this episode of All Things Policy, Aishwaria Sonavane and Shobhankita Reddy unpack Operation Sindoor and examine how India's response to cross-border terrorism by Pakistan-based outfits has shifted from restraint to assertive retaliation, marked by deep strikes, drone warfare, and public red lines. They discuss the strategic risks of this new posture, evolving military doctrines, and how both countries are rethinking procurement and operational planning. The podcast also explores the diplomatic freeze, the weaponisation of water and trade ties, and why third-party mediation remains a flashpoint in India-Pakistan relations.Read more: https://pakistanpaigham.substack.com/The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.https://school.takshashila.org.in/pgpAll Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.Find out more on our research and other work here: https://takshashila.org.in/...Check out our public policy courses here: https://school.takshashila.org.in
In this episode of All Things Policy, Vanshika Saraf is joined by Dr. Garima Mohan, Senior Fellow at the German Marshall Fund's Indo-Pacific Program, to unravel the dynamics of India–EU ties at a time of deep geopolitical churn. They explore the state of the long-delayed India–EU FTA, Europe's recalibration amid the Ukraine war and shifting transatlantic equations. From Germany's leadership transition to Jaishankar's “partners, not preachers” remark, this conversation dives into how trust, trade, and technology are shaping the future of this partnership. Tune in to hear what's driving convergence and where the gaps remain.The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.https://school.takshashila.org.in/pgpAll Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.Find out more on our research and other work here: https://takshashila.org.in/...Check out our public policy courses here: https://school.takshashila.org.in
SANS Internet Stormcenter Daily Network/Cyber Security and Information Security Stormcast
Researchers Scanning the Internet A newish RFC, RFC 9511, suggests researchers identify themselves by adding strings to the traffic they send, or by operating web servers on machines from which the scan originates. We do offer lists of researchers and just added three new groups today https://isc.sans.edu/diary/Researchers%20Scanning%20the%20Internet/31964 Cloudy with a change of Hijacking: Forgotten DNS Records Organizations do not always remove unused CNAME records. An attacker may take advantage of this if an attacker is able to take possession of the now unused public cloud resource the name pointed to. https://blogs.infoblox.com/threat-intelligence/cloudy-with-a-chance-of-hijacking-forgotten-dns-records-enable-scam-actor/ Message signature verification can be spoofed CVE-2025-47934 A vulnerability in openpgp.js may be used to spoof message signatures. openpgp.js is a popular library in systems implementing end-to-end encrypted browser applications. https://github.com/openpgpjs/openpgpjs/security/advisories/GHSA-8qff-qr5q-5pr8
India recently reported a major increase in its coastline. From 7516 Km in 1970, the length now stands at 11098 Km. The accurate measurement is essential for various aspects, including maritime security and credibility in maritime disputes. In this episode of All Things Policy, Swathi Kalyani, Research Analyst with the Geospatial Programme at the Takshashila Institution, sits with Vice Admiral S K Jha (Retd.), former Chief Hydrographer of India, to discuss the objective of re-evaluation of coastline, its advantages and how this affects the establishment of maritime jurisdictions. The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.https://school.takshashila.org.in/pgpAll Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.Find out more on our research and other work here: https://takshashila.org.in/...Check out our public policy courses here: https://school.takshashila.org.in
India and the UK concluded an FTA after close to 3.5 years of negotiations. In this episode of All Things Policy, Suman Joshi talks to Shikha Tomar and Anisree Suresh to understand what it means for both countries. The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.https://school.takshashila.org.in/pgpAll Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.Find out more on our research and other work here: https://takshashila.org.in/...Check out our public policy courses here: https://school.takshashila.org.in
Join Colonel Vikrant Shinde and Arindam Goswami in this episode of All Things Policy, where we dive into one of the most transformative developments in modern warfare and aviation: the rise of unmanned aerial systems. Vikrant, a Research Fellow at Takshashila, is working on a research paper on this very subject, which will be out very soon.From their military origins to today's complex commercial ecosystem, drones have revolutionised our airspace - particularly what experts call the "Air Littoral," that critical zone below 10,000 feet where traditional aircrafts now share space with everything from delivery drones to weaponised UAVs.The recent India-Pakistan conflict brought this reality into sharp focus, showing how drones have fundamentally transformed the battlefield. Meanwhile, countries like India are navigating the delicate balance between fostering innovation through regulations like the Drone Rules 2021 while simultaneously developing counter-UAS capabilities to address emerging security threats.The discussion in this episode explores this new aerial frontier - where regulators, military strategists, and technology developers are racing to build systems that can distinguish friend from foe in increasingly congested skies. How do we manage this complex ecosystem? What lessons have recent conflicts taught us about drone warfare? And what does the future hold for airspace security?Join us as we discuss about the technological challenges, regulatory frameworks, and defence strategies shaping the future of our skies.The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.https://school.takshashila.org.in/pgpAll Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.Find out more on our research and other work here: https://takshashila.org.in/...Check out our public policy courses here: https://school.takshashila.org.in
In this episode of All Things Policy, Rijesh Panicker, Bharath Reddy, and Ashwin Prasad discuss the strategic future of humanity with AI, based on the Superintelligence strategy paper. What will the future with AI look like? When might AI achieve critically dangerous capabilities? If one country's AI project threatens global stability, should rivals consider sabotage as a deterrent? How to preserve ultimate human oversight and security? The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.https://school.takshashila.org.in/pgpAll Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.Find out more on our research and other work here: https://takshashila.org.in/...Check out our public policy courses here: https://school.takshashila.org.in
Deploying pNFS file sharing with FreeBSD, What To Use Instead of PGP, The slow evaporation of the FOSS surplus, I feel that NAT is inevitable even with IPv6, Spell checking in Vim, Iconic consoles of the IBM System/360 mainframes, 55 years old, and more NOTES This episode of BSDNow is brought to you by Tarsnap (https://www.tarsnap.com/bsdnow) and the BSDNow Patreon (https://www.patreon.com/bsdnow) Headlines Deploying pNFS file sharing with FreeBSD (https://klarasystems.com/articles/deploying-pnfs-file-sharing-with-freebsd/?utm_source=BSD%20Now&utm_medium=Podcast) What To Use Instead of PGP (https://soatok.blog/2024/11/15/what-to-use-instead-of-pgp/) The slow evaporation of the FOSS surplus (https://www.baldurbjarnason.com/2024/the-slow-evaporation-of-the-foss-surplus/) News Roundup FreeBSD 14 on the Desktop (https://www.sacredheartsc.com/blog/freebsd-14-on-the-desktop/) Iconic consoles of the IBM System/360 mainframes, 55 years old (https://www.righto.com/2019/04/iconic-consoles-of-ibm-system360.html) Tarsnap This weeks episode of BSDNow was sponsored by our friends at Tarsnap, the only secure online backup you can trust your data to. Even paranoids need backups. Send questions, comments, show ideas/topics, or stories you want mentioned on the show to feedback@bsdnow.tv (mailto:feedback@bsdnow.tv) Join us and other BSD Fans in our BSD Now Telegram channel (https://t.me/bsdnow)
Special guest and former PGP writer Kyle Bandujo (author of Movies with Balls) to talk sports movies, the book writing process, and more. We also talk Industry now that Dave has been watching along with Will, and a Space Bar segment about earth's new temporary moon and how there may have been a ring around the earth millions of years ago. Enjoy a free one-week trial on Patreon for additional weekly episodes: www.patreon.com/circlingbackpodcast Watch all of our full episodes on our new YouTube channel: www.youtube.com/circlingback Shop Washed Merch: www.washedmedia.shop (0:00) Fun & Easy Banter (13:00) Space Bar: Second Moon Dropping / Earth Used To Have A Ring? (39:45) Dave watched Industry (47:45) Bridgerton Party Giving Wonka (58:07) Kyle Bandujo, Author of “Movies with Balls” (1:05:00) This Weekend in Fun Support This Episode's Sponsors Rhoback: www.rhoback.com (BACKER20 for 20% off) Orgain: www.orgain.com/steam (20% off) Tecovas: www.tecovas.com/crclbk (10% off!) Everyplate: www.everyplate.com/podcast (code steam299 for only $2.99 per meal, PLUS get 50% off your first box) Learn more about your ad choices. Visit megaphone.fm/adchoices
The things we like in the new Nextcloud release, and we attempt to upgrade our production server live—from a big blue bus.Sponsored By:Core Contributor Membership: Take $1 a month of your membership for a lifetime!Tailscale: Tailscale is a programmable networking software that is private and secure by default - get it free on up to 100 devices! 1Password Extended Access Management: 1Password Extended Access Management is a device trust solution for companies with Okta, and they ensure that if a device isn't trusted and secure, it can't log into your cloud apps. Support LINUX UnpluggedLinks:
The women of this nation hold the spending AND voting power so why are we so constantly marginalized? Tired of being overlooked, used as pawns, and ready to be taken seriously, we talk to Erin Erenberg, co-founder and CEO of the Chamber of Mothers, about the growing collective movement to advance maternal rights in America. The truth of the matter is: we're hardly a country that should be forcing women to have babies, since the US is currently experiencing a maternal health crisis and we barely respect the role or what goes into it. It's well past time our needs are better reflected and responded to by our government. It's not just what's best for mothers and their children, but what's best for society as a whole. As always, IF YOU FIND WORTH IN WHAT WE DO, please consider SUBSCRIBING to PoliticsGirl Premium. You'll get this podcast AD FREE, along with a bunch of other PERKS, like the rants directly to your inbox and the knowledge that you're making this kind of highly researched, factual information possible. If that interests you, please go to https://www.politicsgirl.com/premium and SUBSCRIBE TODAY!! Thank you so much! xoPG Guest social: https://chamberofmothers.com https://www.instagram.com/chamberofmothers/ https://x.com/chamberofmoms https://shop.chamberofmothers.com https://www.instagram.com/totumwomen/ As always, please RATE and SUBSCRIBE so we can grow the show, open the dialogue, and inspire change moving forward! All show links here!: https://linktr.ee/politicsgirl This episode is sponsored by… DeleteMe : TEXT PoliticsGirl to 64000 https://nurturelife.com code: PoliticsGirl https://calm.com/politicsgirl https://Oracle.com/PGP
According to our guest, YouTube sensation and wildly successful political commentator, Brian Tyler Cohen, the modern Republican Party has laid out a long con. That, while the increasingly radical right gaslights the American public with its lies, artificial slogans and hollow catchphrases, there's an ever widening gap between the essential Republican “brand” and their actual behavior. It's such a marked phenomenon that Brian wrote a book, Shameless, to best explain where things went wrong and to highlight this all hands on deck moment where we, the public, choose to fight back. Spoiler: the media is part of the problem. As always, if you find worth in what we do, please consider SUBSCRIBING to PoliticsGirl Premium. You'll get this podcast ad free, along with a bunch of other perks, like the rants directly to your inbox and the knowledge that you're making this kind of highly researched, factual information possible. If that interests you, please go to https://www.politicsgirl.com/premium and subscribe today!! Thank you so much! xoPG Guest social: Buy Shameless here: https://www.harpercollins.com/pages/shameless https://briantylercohen.com/ YouTube: https://www.youtube.com/briantylercohen Insta: briantylercohen Twitter: @briantylercohen As always, please RATE and SUBSCRIBE so we can grow the show, open the dialogue, and inspire change moving forward! All show links here!: https://linktr.ee/politicsgirl This episode is sponsored by… https://3dayblinds.com/politicsgirl https://oneskin.co Code: politicsgirl https://moshlife.com/politicsgirl https://oracle.com/PGP
We're joined by President Ronald Reagan's Budget Director, David Stockman. He tells us what real estate investors and everyday people need to know. Stockman served as Reagan's Director of Office, Management and Budget from 1981 to 1985. He tells us to expect higher inflation and interest rates for longer, maybe even the rest of the decade. Don't expect rate cuts for a long time. The US is moving toward an unsustainable debt situation, with $100T in public debt expected within twenty-five years. We have embedded deficits. Learn why the recession has been postponed. David also reveals what will inevitably pull the trigger to potentially start the recession. Hint: Household budgets. Pandemic stimulus programs gave citizens $3T. Half of it has now been spent. He was also one of the founding partners of Blackstone. David Stockman tells a story about President Reagan's personal touch with him. You can subscribe to David Stockman's Contra Corner for free here. Resources mentioned: David Stockman's Contra Corner For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 For advertising inquiries, visit: GetRichEducation.com/ad Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold Complete episode transcript: Keith Weinhold (00:00:01) - Welcome to our Ivory Coast, Keith Whitehill. There are some dire warning signs for the future of our economy. We're joined by none other than the father of Reaganomics. To break it down with us. Today is late. President Ronald Reagan's budget director joins us. When is this perpetually postponed recession coming? Why? Inflation and high interest rates could carry on for the rest of the decade. And what it all means to your finances and real estate today on get Rich education. Robert Syslo (00:00:34) - Since 2014, the powerful get Rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from past real estate, investing in the best markets without losing your time being a flipper or landlord. Show host Keith Wine, who writes for both Forbes and Rich Dad Advisors and delivers a new show every week. Since 2014, there's been millions of listeners downloads and 188 world nations. He has A-list show guests include top selling personal finance author Robert Kiyosaki. Get Rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener. Robert Syslo (00:01:08) - Phone apps build wealth on the go with the get Rich education podcast. Sign up now for the get Rich education podcast or visit get Rich education.com. Corey Coates (00:01:19) - You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold (00:01:35) - We're going to drive from Glen Burnie, Maryland, to Glen County, California and across 188 nations worldwide. I'm Keith Reinhold, and you're listening to get Rich education. We're going bigger picture this week before we talk to President Reagan's money guy in the white House. Understand that today's guest was also one of the founding partners of Blackstone, and they are in the real estate business. You're going to get a lot of deep, uniquely qualified insights today. And I'll tell you what's going on around here. Lately, things have been feeling awfully presidential between last week's program and now this week's program. Hey. Stars and stripes forever. Semper fi. Rah! Now, as the greatest detonation in the history of the world, how in the heck are we, as the United States, going to keep financing our debt now, you can think of a treasury, also known as a bond, as an IOU, as we take on debt to fund our government spending programs. Keith Weinhold (00:02:42) - Really, what we do is issue then these IOUs to the rest of the world and then down the road. We need to pay back these IOU holders, treasuries, holders, whatever we've borrowed with interest on top of that. That's a really simple way to describe how it works. Think of a Treasury as an IOU. Well, we have $9 trillion in treasuries that need to be rolled over at higher interest rates just this year alone. Okay. Well, how does the market look for that sort of thing? Well, a lot like before you decide to sell a piece of real estate, you would want to know how that buyer's market looks. How is the buyer's market for us selling more treasuries, which is basically us issuing more IOUs? How is that world interest level in our treasuries? Well, this is a time when the world is selling treasuries. We're trying to get rid of them. Well, why would they buy more when we keep printing like crazy, debasing the dollars that they will eventually get their treasuries repaid in down the road? Case in point, China is down to just over 700 billion of treasuries that they're holding. Keith Weinhold (00:04:01) - Well, they were 3 trillion not too long ago, more than four times that Russia and Iran sold all of their treasuries. Other countries are shedding them too, like Japan. It gets even worse than that because the number one holder of our own debt is our own fed. And then it gets even worse than that. Yet, because even our own fed is rolling treasuries off of their balance sheet. So who is going to finance this often irresponsible US spending the 10 trillion or $11 trillion every single year for the next ten years that we have obligations toward already, and it looks like all those are going to be at higher interest rates, too. Now, I am not telling you how to think about us as the United States, for example, sending foreign aid to multiple nations. That's up to you to decide whether it's Ukraine or the Middle East or Taiwan that gets political. And that is beyond the scope of GR. We are an investing show. What I'm saying is that backdrop that I just gave you, that's something that you need to take into consideration, is you weigh those foreign aid decision types. Keith Weinhold (00:05:20) - Speaking of getting worse, do we at least have competent decision makers today? Now, as we'll talk to the father of Reaganomics here shortly, someone that served in an earlier era. Here's a clip from this era that really went viral lately, but it's apropos to play it here. This is Jared Bernstein today. He chairs President Joe Biden's Council of Economic Advisers. How much confidence does this instill? And remember, this guy chairs the economic advisers to today's president. Jared Bernstein (00:05:56) - The US government can't go bankrupt because we can print our own money. Voice (00:06:00) - Like you said, they print the dollar. So why? Why does the government even borrow? Jared Bernstein (00:06:04) - Well, the, so the I mean, again, some of this stuff gets some of the language that the, some of the language and concepts are just confusing. I mean, the government definitely prints money and it definitely lends that money, which is why the government definitely prints money. And then it lends that money by, by selling bonds. Is that what they do? They they, the. Jared Bernstein (00:06:34) - Yeah. They, they they sell bonds. Yeah. They sell bonds. Right. Because they sell bonds and people buy the bonds and lend them the money. Yeah. So a lot of times, a lot of times at least to my year with MMT, the, the language and the concepts can be kind of unnecessarily confusing. But there is no question that the government prints money and then it uses that money to so, yeah, I guess I'm just I don't, I can't really, I don't, I don't get it. I don't know what they're talking about. Keith Weinhold (00:07:08) - Well geez. How's that for clarity and confidence from today's major decision makers on our economy? Gosh. Now, in my opinion, back in 2020, our government, they set up the wrong incentive structure to deal with the pandemic. Remember things like the PGP, the Paycheck Protection Program, remember mortgage loan forbearance and the eviction moratorium. See when that type of aid is given, well, then the result is that citizens don't learn that they need to keep some cash handy, and then that behavior that gets rewarded gets repeated in that behavior is handouts. Keith Weinhold (00:07:53) - And then the expectation for more handouts. 56% of Americans don't even have $1,000 for an emergency expense. Well, see, they're not really incentivized to in the future. If in a crisis, everyone just gets another taxpayer funded handout, but then see those same people that got that handout get hurt in the long run. Anyway, with the longer run inflation that the handout created, don't let there be one day of austerity for the least prepared American, I guess. Instead, bail them out and add on to everyone's debt load, which you know that right there. That seems to be the playbook. Like that is the protocol of the day that is not responsible, in my view. Now, the minutes of the latest fed meeting, they said that some fed officials would be open to raising interest rates if inflation doesn't let up. I mean, that news alone that sent stocks plunging like they were riding the Tower of Terror, giving the Dow its worst day in a while. I'll discuss that more with the father of Reaganomics, David Stockman, today. Keith Weinhold (00:09:01) - It's the kind of episode that can stretch your thinking here. Now, what is Reaganomics? Well, one thing that you should know is that it's committed to the doctrine of supply side economics. You probably heard that term before. And really what that's all about is lowering taxes, decreasing regulation, and allowing free trade and what was called the Reagan budget. That's something that his budget director Stockman expected would help curtail the welfare state. And he gained a reputation as a tough negotiator for that. He lives on the Upper East Side of Manhattan today, and it's kind of funny with macroeconomic discussions. You'll notice something here, the word million, that doesn't even come up that much anymore. It's simply a number that is too small. It is more like billion and trillion. And hey, let's see if the term three orders of magnitude above trillion comes up today. Quadrillion, or even the one after that quintillion. Is that where we're going next? We'll see. before we meet David Simon, I've gotten more questions about something, because the national average bank account pays less than 1% on your savings. Keith Weinhold (00:10:18) - And where do you really get a decent yield on your savings, even beyond the 5% in an online only savings account or a CD, which that does not outpace true inflation? For years now, I've reliably been getting 8%. What I do is keep my dollars in a private liquidity fund. You can do this to your cash generates up to an 8% return. The minimum investment amount is just 25 K, and you keep getting paid until you decide that you want your money back. And the private liquidity fund has a decade plus track record, and they've always paid their investors 100% in full and on time. And I would know this because I am an investor with them myself. So see what it feels like to earn 8%. A lot of other great listeners are any investing involves risk, even dollars at a brick and mortar bank. So to learn more, just text the word family to 66866. Learn more about the liquidity fund. Get 8% interest. Just do it right now while you're thinking about it. Keith Weinhold (00:11:23) - Text family to 66866. Let's meet David Stockman. A Wall Street and Washington insider and Harvard grad. Today's guest is a former two time congressman from Michigan, a prolific author, and he is none other than the man known as the father of Reaganomics. He was indeed President Ronald Reagan's budget advisor. Welcome to the show, David Stockman. David Stockman (00:11:54) - Great to be with you. And, that was a while back. But I think there's some lessons from that time that we would be well advised to try to apply today, that's for sure. Keith Weinhold (00:12:05) - Well, it's an illustrious title that you'll never shake. It's a pleasure to have you here. And David is a real estate investing show. At times we need to step back and look at the bigger picture. And now on the economy, one seems to get a different answer depending on who they speak with. You have a highly qualified opinion. What do both investors and citizens need to know today about the condition of the American economy? David Stockman (00:12:29) - I don't think the outlook is very promising, but I think it's important to understand what that means for real estate investors, because the fact is, if you're in real estate and I know many of your listeners or viewers are very knowledgeable and sophisticated, there's really two ways to look at real estate. David Stockman (00:12:49) - One is as a property that generates a flow of cash or income that is highly reliable, and that you can count on and produces a rate of return on the invested capital that's attractive. That's one way. The second way is that if you invest at the right time, when perhaps interest rates are falling and therefore multiples or cap rates are becoming more attractive and property values are rising rapidly, mainly because of easy money and lower interest rates, then there's a huge opportunity for capital gains. As another way of generating return on capital. But those are two obviously very different tracks. The capital gains route by old invest, improve flip flop the gain and move on or the, you know, income based rent and earnings based, approach to property. Now, I think the reason I went through this is pretty elementary, of course, is that the macro environment is very different between the first strategy and the second strategy. And therefore, the important thing to understand about the macro environment is which environment are you in and is it conducive to strategy a the income strategy or b the capital gains strategy? I would say right now we're totally in an incomes strategy environment, the first route. David Stockman (00:14:34) - And that's because as we've gone through several decades of easy money, of rapidly rising asset values, of ultra low interest rates, very high multiples, in terms of property values to income that has generated trillions and trillions of capital gains for smart real estate investors. But I think we're out of that environment, and we're in an environment now where we're stuck with massive public debt and deficits. We're stuck with a, central bank that is, basically painted itself into a corner, created so much fiat credit, generated so much liquidity into the economy that now it will be struggling with inflation for years to come. Which means, notwithstanding Wall Street's constant belief that rate cuts are coming tomorrow, there won't be rate cuts for a long time to come. And what we're facing, therefore, there is likely higher rates for longer. A environment in which property values are flat if not declining, and therefore the capital gains route is not going to work very well. But if you have good properties with good tenants and good cash flows and, rental flows, real estate mine works out pretty well. David Stockman (00:16:05) - But you have to understand the macro environment. And that's one of the things that I work on daily when I, publish my daily newsletter, which is called, David Stockman's Contra Corner. Keith Weinhold (00:16:19) - You can learn more about Contra Corner, David's blog, before we're done today. David, you have a lot of interesting things to say. There we are in this environment where rates have been higher, longer. It sounds like you believe that is going to continue to be the. Case is rate cuts will be postponed is a little more difficult question. It's some crystal ball stuff. But can you tell us more about that? What can we expect for inflation in interest rates for the rest of this 2020s decade, which has about six years to go? David Stockman (00:16:48) - There's going to be high rates for most of this decade because we have so much inflation and excess demand built into the economy. We really went overboard, especially after 2020 with the pandemic lockdowns and then these massive stimulus program, something like $6 trillion of added stimulus, was injected into the economy in less than 12 months. David Stockman (00:17:16) - That created a undertow of inflation that is still with us. And despite all the hopeful commentary that comes from Wall Street, if you look at it year to date, I don't look at just the CPI because the headline number is somewhat volatile and can be pushed and pulled a lot from a month to month based on nonrecurring conditions. But if you look at something called the 16% trimmed mean CPI, it's just the same CPI, but it takes out the lowest 8%, the highest 8% of price observations each month out of the thousands in the market basket. What it does is basically takes the extreme volatility out of the top and the bottom, and gives you a trend that is more reliable if you're looking like on a quarter by quarter or year by year or even multi year basis, well, I mentioned this is important because the trim means CPI is still running at about 4.3% during the first four months of this year to date. That's not a victory over inflation. That's double what the fed says his target is. And frankly, the Fed's target is a little bit phony. David Stockman (00:18:35) - I mean, what's so great about 2% inflation if you're a saver and your savings are, you know, shrinking by 30% over the course of a decade, so they're going to have a tremendous wrestling match with inflation, not just for a few more months, but I think for several more years in this decade, I don't see the federal funds rate, which is kind of the benchmark rate for overnight money coming down below 5% very soon, or if at all. And that's because with inflation running at 4% or better, if you have a 5% money market rate, you're barely getting a return on capital, especially if you factor in taxes. You know, it's like it's a rounding error and that doesn't work over time. I mean, you're not going to get long term savings. You're not going to get long term capital investment. If the return is after inflation and taxes are either non-existent or negative, as they've been for quite a while. So even though everybody would like to hope we're going back to the good old days of 0% over 90 money or 1% money, which they got so used to over the last couple of decades. David Stockman (00:19:55) - It was bad policy. It wasn't sustainable. It caused a huge amount of bubbles and distortions in our economy. But once we finally got to the end of that in March 2022, when the fed had to finally pivot and say, yeah, inflation isn't transitory, it's, embedded, we got to do something about it. People think we're going right back to where we were, and that's the key thing to understand. We are not going right back to where we were, in part because of all this inflation business I've talked about, but also in part because they got so used to borrowing money on Capitol Hill and practically zero interest rates that they are now, you know, they have built in deficits of 2 trillion or more a year. And, we are going to be pushing into the bond pits, massive amounts of new government debt. There's no consensus to do anything about it. You know, if the Republicans talk about reforming the entitlements, the Democrats say you're throwing grandma out the snow. If the Democrats talk about raising revenue, the Republicans talked about, you're going to get slaughtered with higher taxes. David Stockman (00:21:12) - And then everybody's for more wars and more defense and the bigger and bigger national security budget. And that's all she wrote. If you don't do with revenue, you don't do it national defense and entitlements. The rest of it is rounding errors. And so we're stuck with these massive additions to the debt. Now, everybody knows the public debt. Is 34 trillion. Ready? Yeah. What I'd say they don't understand is that by the end of this decade, you ask about the decade, right? Will we close to 60 trillion of debt. And, if you look at the last CBO, projection they do every year at long term projection, and CBO actually is more optimistic than it is warranted in any way. In other words, their long term assumptions I call rosy scenario. There's no more recessions for the next couple of decades. Inflation is well-behaved, interest rates stay low. Full employment lasts indefinitely and forever. Well, this doesn't happen. Look at the real world. Over the last 20 or 30 years, we've been all over the lot. David Stockman (00:22:18) - So if you look at the CBO forecast, which is I'm just saying here is exceedingly optimistic. They never are the less are projecting that the public debt and they don't even write this number down in their report because it's too scary, will be $100 trillion before the middle of this century. Keith Weinhold (00:22:41) - That's a. David Stockman (00:22:42) - Trillion. Yeah. Now, if you ask people today who are market savvy, I like a lot of your viewers. Where are the Treasury bills, notes and bonds today? Well, if you average it all out, it's about 5%. I don't think it's going to come down much. It'll vary a little bit up and down over time, but let's just say it stays at 5%. That means the carry cost of the public debt of a couple decades will be 5 trillion a year. The interest okay. It's staggering. That's almost as much as the whole federal budget is spending this today at, you know, about 6.6 6.7 trillion. So that's where we're heading, a massive debt crisis because they built in a structural deficit that the politicians and I call it the unite party. David Stockman (00:23:33) - They fight about silly things, but they agree on the big things which are leading to this outcome. The unit party has no ability to do anything about this structural deficit or the march from the 34 trillion that we're at today to 60 trillion by the end of the decade, and 100 trillion of public debt by mid-century. Now, for a real estate investor, that's probably the most important number you're going to hear. You know, at least this week or maybe this month or even this year, because what it means is that the amount of new government debt flowing into the bond pits, that'll have to be financed and that can't be monetized by the fed anymore because there's too much inflation, is going to put constant, enormous pressure upward on interest rates. And of course, higher interest rates mean lower property values. That's just basic real estate math. That's the environment we're heading into, which means good properties with good income and good rental flows are really the only way to go. Keith Weinhold (00:24:55) - Yeah, well, there's an awful lot there. Keith Weinhold (00:24:57) - And with this persistent higher inflation that you expect, the way I think about it is the higher the rate of inflation, the more that moves a person's dollars out of a savings account and instead out onto the risk curve. Well, David alluded to a problematic economy. We're going to come back and talk about more of those warning signs and what you can do about it. You're listening to Get Resuscitation, the father of Reaganomics and Ronald Reagan's budget director, David Stockman, I'm your host, Keith Reinhold. Role under this specific expert with income property, you need Ridge Lending Group and MLS for 256 injury history from beginners to veterans. They provided our listeners with more mortgages than anyone. It's where I get my own loans for single family rentals up to four Plex's. Start your pre-qualification and chat with President Charlie Ridge. Personally, they'll even customize a plan tailored to you for growing your portfolio. Start at Ridge Lending group.com Ridge lending group.com. Speaker 7 (00:26:06) - This is author Jim Rickards. Listen to get Rich education with Keith Reinhold and don't quit your day dream. Keith Weinhold (00:26:23) - Welcome back to Get Ready. So we're talking with the father of Reaganomics. His name is David Stockman, President Reagan's budget advisor. David, you've been talking about a problematic economy and places we can look and the outcomes that that can create. Why don't we talk about some more of those where we're here in a period where we feel like it's an official recession postponed, for example, are there other places that we should be looking? Is it the sustained inverted yield curve that we had for almost two years, the longest one ever, and a Great Recession predictor? Or is it that we're on the precipice of implosion from a debt to GDP ratio that's at 122%. It actually spiked to 133% when Covid first hit. Or for example, is it something and you've already touched on it a bit, is it more of that federal spending on our debts, interest payments alone each year, which had almost $900 billion for that interest line item that now even exceeds the massive $800 billion that we spend each year on national defense, or should we be looking at somewhere else? So what's out there that's really problematic and what's overblown? David Stockman (00:27:28) - Okay. David Stockman (00:27:29) - That's great. And all of those things you mentioned you should be looking at, it depends on your time frame. But I think on the initial question, where is this postponed recession? Why hasn't that happened? The place to look is somewhere that I think most Wall Street analysts aren't focused on, but they should be. And that's a series published by the Federal Reserve that tracks household balance sheets, in other words, liabilities and assets. But there's a particular series that I think is critically important to look at, and it's basically bank deposits, checking account savings accounts plus money market funds. This is all the liquid cash accounts of the household sector, not long term investments in real estate or stocks or bonds, but the short term money. It's the spendable money that households have now, what happened during the pandemic and lockdowns. And then the 6 trillion Is stems that were injected into the economy, like some kind of fiscal madness was going on in Washington, created a total aberration in the amount of cash in the economy, in the household sector, in these accounts that I just mentioned, normally right before the lockdown started and the stimulus was injected, you know, the level of cash accounts was about 12 trillion. David Stockman (00:29:00) - Within two years it was up to 18 trillion. And normally that cash balance grows about the same rate as the economy. In other words, as incomes go up, people save a small share of their income that goes into various bank accounts. There tends to be a lock step relationship. But what happened during that two year period was there was so much extra cash sent out to the households with the $2,000 checks in the $600 a week extra stimulus money, and then the, trillions that went, you know, for things like the Small Business Administration loan program, which was all forgivable, was about almost upwards of $1 trillion. You know, we could itemize all the others. But this enormous government, unusual cash flow into the economy added to these bank accounts enormously. And then something else happened. The geniuses in Washington, led by Doctor Fauci, decided to shut down half of the service sector, the economy. I'm talking with restaurants and bars and gyms, malls and movies and and all the rest of it. David Stockman (00:30:09) - So all of a sudden, the normal money that people would have been spending on the service venues, which is a big part of total spending, was stopped. It was kind of forced into artificial savings, sort of government mandated savings. Now, if you put the two together, there was about 2 trillion, extra transfer payments sent out to the public during that two year period. And there was a little over a trillion of normal service spending, restaurants in, etc. that didn't happen because there was a closed sign on the door, compliments of Doctor Fauci, or people were scared to death to go out because, you know, they created all this fear that Covid was some form of black death, which it really wasn't for 95% of the population. In any event, if you put the extra free stuff from the government, 2 trillion and the for savings because of these lockdowns, trillion, you have 3 trillion of unusual cash that flowed into the economy on top of the normal production. Income and profits and spending that would have otherwise gone on. David Stockman (00:31:26) - Now that 3 trillion temporarily ended up in this account, that I'm just talking about the cash balances of the household sector and its peak, there was about 2.8 trillion extra compared to what would been be the normal case in a regular economy. In a normal economy, that money has been slowly spent down by the household sector, even as the fed has tried to put the screws to the economy. In other words, there was so much extra cash in the system that even as the fed raised interest rates from 0 to 5% and did their darndest to slow things down, all of that excess that was built up during the pandemic period was available to spend. It was spent. And here's the key point. About half of it is now been spent. In other words, there's only about a trillion and a half of the nearest 3 trillion left. Now that is what's delayed the recession. If that big, massive 3 trillion nest egg had been there and the fed began to push rates up as it normally did in a normal cycle, we would have been in recession months ago. David Stockman (00:32:41) - But what has delayed or deferred the recession is this, cushion, this huge macro piggybank of cash that the government inadvertently or adversely is the case may be generated, during the pandemic period. So that's new. See that? Nobody looks at that because normally it's not a factor. You know, the cash balances are a pretty, prosaic, neutral part of the economy. They're not where you look for the leading edge of where the cycle was going or where new developments may turn up tomorrow. But this time, because of this total aberration of what happened to government transfer payments plus the lockdowns, we have a, X factor, let's call it in the macro picture that is confusing people. It's leading a lot of people to abdicate this no landing scenario. In other words, you know, there's not going to be a recession. We're just going to go on to bigger and better things. And, the fed will get inflation under control and then we can be back to happy times again. No, they're missing. David Stockman (00:33:56) - The elephant in the room is this massive aberrational unusual one time cash balance that was, generated by these policies. And that still has a little ways to go now. I think at the rate it's being run down, you can almost calculate it a couple hundred billion dollars, a quarter sometime next year, all of that extra cash will be out of the system. And then people will be back to spending only what they're earning. And frankly, earnings they're not. I'm talking about wage and salary earnings, are advancing barely at the inflation rate at the present time. So when we get back to about zero real growth in earnings, we're going to finally see the recession. Keith Weinhold (00:34:45) - I think one of the big takeaways here is that all these artificial economic injections really take time to unwind. David Stockman (00:34:56) - Exactly. You have to look at, you know, they always say, well, when the government changes policy, fiscal policy, you tighten or you loosen or monetary policy they raise or lower interest rates. They got QE or they got cute putting money in or taking money out that there's lag and lead times in all of this. David Stockman (00:35:18) - The problem is, none of the great economic gurus who talk about this really know whether the lag time is 12 months, 25 months, 50 or 5, and it varies. I mean, the circumstance has changed so much in a world GDP of 104 trillion, a domestic economy with 28 trillion of GDP, and all the complex factors that are moving back and forth in today's world, especially as it's enabled by technology and global trade and the internet and all the rest of it, nobody knows the lag times. And as a result, it's very hard to predict when the, brown stuff is going to hit the fan, so to speak. On the other hand, you don't have to know the exact date. You really need to understand the direction, the flow of things. And if you're in an environment that isn't sustainable because you're borrowing like crazy or interest rates or artificially. Low or stock price multiples are way the L2 ie or cap rates on real estate or you know, abnormally low. Then what you have to say is we're going to a different state. David Stockman (00:36:35) - It's not going to be as conducive as the current state, and we have to be prepared for it, even if we are not sure whether that's 12 months from now or 24 months. But it's going to change. So one thing you can be sure of, there is a famous economist back in my day when I worked on Capitol Hill earlier on, he was Nixon's chief economic adviser in the early 70s. And he famously formulated an aphorism, I guess, which said anything that is unsustainable tends to stop. Okay, that's what I know about the lag times. We're in unsustainable financial, fiscal and monetary environment. And the trends that it has given rise to are going to stop and and not in a good way. Keith Weinhold (00:37:24) - He even fed Chair Jerome Powell has confessed as much as that. This situation is indeed unsustainable, the exact word that he used. Well, David, this has been great in winding down as Ronald Reagan's budget director. Can you share any anecdote, story or quote from you spending time personally with Ronald Reagan? And the reason I ask is because he is perhaps the most revered president of the past few generations. Keith Weinhold (00:37:52) - That might mean a lot to our listeners here. David Stockman (00:37:54) - He should be revered, and not only because he was a great president and a great communicator, and did a lot of important things in policy. Some of them got implemented, and a lot of them were frustrated by Washington and the politicians and the Democrats and everybody else. But also, he was a great human being. And my story about that was when I was budget director, in the fifth year of the Reagan administration, we had our first child, and my wife was in the hospital. At that point in time, President Reagan was in Europe on a very important big international, series of meetings. But, somebody in the white House told him that our daughter had been born. And so he took the time out of his schedule for a call from Germany, the hospital where my wife was, and said he would like to talk to her and, congratulate us on our new arrival. But my wife was in a room with another, a new mother. David Stockman (00:38:53) - She the other person answered the phone and she said to my wife, there's some joker on the phone with President Reagan. And sure enough, he was there. and he took the time to congratulate my wife. And, so that's the kind of, person he was. He really was a great human being. Keith Weinhold (00:39:13) - Wow. Yeah. That really shows that he can still be warm and heartfelt, even while doing some key international negotiations there. Potentially. Well, we mentioned it earlier. I can tell you, the audience, that David is a regular author and contributor to his Contra Corner blog and letter, and you can get access to that for free. This is information coming from the father of Reaganomics to you. If you think you would find it a value. David, tell us how our audience can connect with you there. David Stockman (00:39:44) - Just Google David Stockman Contra corner I publish, I have a website, issues a newsletter every day. It comes automatically in the email. I also have a Substack version. You can sign up for either one, the email from my site or from Substack. David Stockman (00:40:02) - And every day we try to publish something on these issues that we've been talking about. One day it might be Wall Street, another day it might be Capitol Hill, another day it might be, you know, the war in Ukraine. All of these things matter. All of these things influence the environment that investors have to function in. So we try to comment on a variety of those issues based on, you know, the long experience that I've had, both not only in Washington, but also I was on Wall Street, for about 20 years. I was one of the founding partners of Blackstone, for instance. And we were in the real estate business in a major way, even then. Keith Weinhold (00:40:44) - Well, we absolutely love that. And I sure am appreciative of your time. It was great connecting with you. And thanks for being on the program today, David. David Stockman (00:40:53) - Very good. Enjoyed it. Keith Weinhold (00:41:01) - Yeah. Deep insights from the father of Reaganomics. Stockman thinks we'll be struggling with inflation for years to come. Keith Weinhold (00:41:08) - There won't be rate cuts for a long time. He sees real estate values as flat or declining, so have good tenants with steady income streams. Of course, in our favoured real estate segment here, residential 1 to 4 units where you can get 30 year fixed rate debt. Higher mortgage rates tend to correlate with higher prices, just like it has for the last three years and almost every period before that too. But there could be more pain for the commercial sector then, and assets that are tied to floating rate debt. And if you're aligned with David Stockman on that, you might want to look at your helocs, because after a fixed rate period, their rates tend to float along with the fed funds rate. So be cautious with Helocs and ask David for specifics. He doesn't see the federal funds rate coming down below 5% anytime soon, and you probably know that is the interest rate that a whole bunch of other interest rates are based off of. And that rate is currently at about 5.3%. By the way, there is projected to be more than 100 t more than $100 trillion of public debt before the middle of this century. Keith Weinhold (00:42:22) - That's less than 25 years away. I mean, these figures just become unfathomable sometimes. Pandemic wrought inflation that really occurred due to this greater supply of dollars that was introduced chasing a reduced supply of goods. And there were fewer goods because people got paid to stay at home not producing anything. Plus, what had been produced often could not be shipped either. David discussed the 16% trimmed mean CPI, and I've got to say, as much as I am a student devotee in studying inflation, I had never heard of that from his vantage point to find recession signs, look at household balance sheets and what's delayed the recession is that those pandemic measures put an extra 3 trillion bucks into households, and households still have about 1.5 trillion left to spend, which could further delay a recession. He projects that it's sometime next year that all of that extra cash will be out of the system. When you talk to how many people got this recession predictions so horribly wrong? Back in October 2022, Bloomberg Economics forecast a 100% chance of a recession by the following fall, which is almost a year ago now. Keith Weinhold (00:43:48) - Well, a 100% chance that left no room for anything else to happen. And they really whiffed on that one. Now, you know, I've got to add something here. A personal note if I can, but I'll give you a lesson along with it. And that is that at times like today, where I found myself one degree of separation from one of the most revered presidents in all of American history, I sometimes have some difficulty understanding how I keep having the opportunity to share time with people like today's guest. Now, I'm certainly not a PhD economist. And in fact, on the flip side, I've also never been a person that's been so poor and destitute that I was dying of hunger. But I do come from a modest place. When I flew the coop and left my parents home, I rented my first pathetic place to live a $325 a month pool house in the back of my landlord's property at 852 Spruce Avenue in Westchester, Pennsylvania. Yeah, a pathetic little pool house right next to the landlord's swimming pool. Keith Weinhold (00:45:04) - I mean, I was living really pathetically there for a while as I was struggling just to do things like find gainful employment and figure out the world and find a steady income. Yeah, it was 325 a month plus electric and the one small heater that was there, it was electric and it was really expensive to run. And on the coldest days, it wouldn't even adequately heat my pathetic little pool house that I ended up living in for 18 months. And just because I couldn't figure a way out of that situation for a while, I mean, I was too ashamed to ever bring a girl back there to that sad pool house. It was just one sink for the whole place. Combined kitchen and bathroom sink in the bathroom. I mean, most of my friends, they got their driver's license at age 16 and they soon had their own car. I didn't own a car until I was aged 22 or 23, and it's not because I lived in an urban area and walked. Everywhere use public transit there in Pennsylvania. Keith Weinhold (00:46:02) - It just took me a long time to afford a beater car and pay for insurance. I really needed a car and couldn't afford one. So really my point here is that sometimes I have to wonder how I got here from there. And I think what it is is taking an interest in real estate and investing. And despite just having a humble bachelor's degree in geography, it's really about becoming an autodidact, meaning self-taught. And it's easy to teach yourself when you find what interests you. And let me point to two other things besides adopting an auto didactic ethic to help me turn the corner into being in a place where I can have conversations like the one that I've had today. It was getting around aspirational friends. Like I've mentioned before, that showed me how I can start with a bang buy with little money. On my first home, I could put a 3.5% down payment on a fourplex, live in one unit and rent out the other three. And I will give myself some credit for doing those things. And then really, the third thing is that stroke of luck element, like just 4% of world inhabitants have been. Keith Weinhold (00:47:15) - I was one of that 4% that was born in the United States. And then I had two great, married, stable, supportive parents to cultivate the right environment for me. And well, today was just one of those days where I sort of nudged myself and I'm glad that it happened. Most importantly, I trust that you got value from today's show and that you do every single week here. Check out David Stockman's Contra Corner. Next week, we'll look for signs of distress in real estate as we delve inside the foreclosure market and how you can find discounted deals there. Until then, Idaho's Keith Wayne hold don't quit your day trip. Speaker 8 (00:48:02) - Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get Rich education LLC exclusively. The. Keith Weinhold (00:48:30) - The preceding program was brought to you by your home for wealth building. Keith Weinhold (00:48:34) - Get rich education.com.
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