Podcasts about Ra

Cristina Alexander, Herculez Gomez and Alejandro Moreno react to the news of Ricardo Pepi's potential move to Fullham collapsing before the deadline, Raúl Jiménez goes a perfect 12/12 from the spot, and Weston McKennie stays hot at Juve—plus Obed Vargas to Atlético, Alex Freeman to Villarreal, and Fidalgo to Real Betis with the El Tri debate. Learn more about your ad choices. Visit podcastchoices.com/adchoices

⭐ About the Guest – Ra CastaldoRa Castaldo is an ancient mysteries researcher, hereditary Strega lineage magick practitioner, intuitive seer, and host of Exploring the Ka with RA on YouTube. He is known for his deep work in ancestral memory, genetic clairvoyance, geomantic portals, dream-walking, and decoding ancient civilizations. Ra blends Etruscan, Strega, and shamanic traditions with modern psychic insight, revealing occult patterns behind global events, solar plasma activity, and spiritual warfare.Website: theMysticalSpiralStore.com use code TypicalSkeptic12 at checkoutYouTube: Exploring the Ka with Ra

Federico analiza con Rosana Laviada, Raúl Vilas y Francisco Rosell como Zapatero desaparece en la estrategia electoral del PSOE.

Cristina Alexander, Herculez Gomez and Alejandro Moreno react to the news of Ricardo Pepi's potential move to Fullham collapsing before the deadline, Raúl Jiménez goes a perfect 12/12 from the spot, and Weston McKennie stays hot at Juve—plus Obed Vargas to Atlético, Alex Freeman to Villarreal, and Fidalgo to Real Betis with the El Tri debate. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Memphis artist also known as Cities Aviv delivers 60 minutes of stirring electronics and industrial abstractions. Since his first release in 2010, Gavin Mays, AKA African-American Sound Recordings and Cities Aviv, has been living multiple lives. The D.O.T. label boss has put out work under various aliases, spanning post-hip-hop, ambient electronics and soul-inflected abstraction, consistently challenging and rearranging the scope of every genre he works within. African-American Sound Recordings is Mays' "side project"—as hobbies go, it's a formidable one. Since its launch in 2019, he's released ten albums built from a dense palette of samples: distorted voices drift alongside warm currents of jazz and acoustic instrumentation, painting ambient vignettes that swerve between the serene and the industrial. It's no coincidence that Mays cites Sunday service as a formative space. Samples of gospel worship and memories of communal ritual are the fil rouge running through the project, reimagining Black musical traditions as a living system. RA.1024 has one of the shortest tracklists in the series to date: three total. The final two tracks, gospel recordings ripped from his own CD collection, arrive like sunlight breaking through the clouds. Find the tracklist and interview at https://ra.co/podcast/1043 @user-512973206

Programa 29/01/2026: Hablamos del impacto de la inflación en Australia que supera lo previsto, de las protestas en Irán que dejan cerca de 20 mil muertos y de la obra de la fotógrafa Carmen Alcedo, "Hasta la Raíz", que explora el proceso de inmigración y que debuta en el Adelaide Fringe Festival.

No son los mejores intérpretes y suelen estar metidos con calzador, pero los futbolistas no son estrellas completas si no aparecen en una pantalla, pequeña o grande, aunque sólo sea para hacer un cameo. Para recordar algunas de estas actuaciones memorables contamos con la visita del guionista Raúl Díaz. Learn more about your ad choices. Visit megaphone.fm/adchoices

TodoPorLaRadio con Especialistas Secundarios, El Mundo Today, Mario Panadero, Lydia Ramón, Cristina del Casar, Susanna Ruiz, Raúl Pérez, Luis Piedrahita e Iñaki de la Torre

Join Professor Iain McInnes for the latest episode of Discussing RA on The Immune-Mediated Inflammatory Disease Forum. In this episode, he will review a paper by Strand et al. that evaluated TOF efficacy, safety, and persistence by sex, and explored whether age-related factors contribute to differences in treatment response between males and females, and by Alten et al. that explored the long‑term effectiveness of baricitinib and other b/tsDMARDs in patients with RA with early low disease activity or remission.

Cristóbal Rosaleny analiza la actualidad de la Fórmula 1 en La Tribu, con Raúl Varela.See omnystudio.com/listener for privacy information.

Analizamos las salidas de Kortajarena y Sergio Arribas en la Sociedad Deportiva Huesca. Escuchamos al jugador azulgrana Álvaro Carrillo y al entrenador del Real Zaragoza, Rubén Sellés. Repasamos la actualidad de ambos equipos en nuestra tertulia con Raúl Goni e Íñigo Pérez. Además, conocemos los retos de la tenista Carlota Martínez para este 2026.

TodoPorLaRadio con Especialistas Secundarios, El Mundo Today, Mario Panadero, Lydia Ramón, Cristina del Casar, Susanna Ruiz, Raúl Pérez, Luis Piedrahita e Iñaki de la Torre

In Episode LXXXVII Mandi and Suz pay some respects before they talk games. Mandi introduces a brand new game (you can play along!) with Game Shelf Gauntlet! And then they discuss Akropolis, Ra and Write, FORK, and Yubibo. An imbalanced Game Pie this show is full of 20-year-old games... Games from 2006! Thank you for listening! Please take a moment to rate us on your podcast listening platform. BGG Guild:  https://boardgamegeek.com/guild/4131 Bluesky:  https://bsky.app/profile/saltandsass.bsky.social YouTube:  https://www.youtube.com/c/SaltandSassGames  Twitch:  https://www.twitch.tv/saltandsassgames Email: SaltAndSassGames@gmail.com

De los informativos de Castilla-La Mancha TV a romper audiencias en RTVE. Marta Flich, directa al grano...y hoy, directa a nuestro reto más picante. Deja por un rato la actualidad (que ya es decir) para venir a sufrir con Raúl. Aunque spoiler: aquí tampoco hay piedad, como en algunas noticias. Disfruta de una nueva entrega de 'A las Bravas'.

Bizum, IA, hacker, SEO, PayPal… términos cotidianos que aún generan dudas. En su sección Desconectados, Raúl Dolcet nos ayuda a traducir el lenguaje digital y a entender mejor la tecnología sin complejos ni tecnicismos innecesarios.

Ra'iisal-wasaare Anthony Albanese oo soo jeediyey in ninkii walaxda qaraxda ku tuuray debed-baxayaashii Invasion Day sharciga xooggiisa la tuso. Qaybo ka mid ah Australiana waxaa jabay rikoodhadii heer-kulka ee hore u jirey.

On Episode 615 of Spittin' Chiclets, the boys are joined by Former Patriots Center David Andrews to talk about the Football Playoff Finals, How he met Keith, and some hilarious Tom Brady Stories. But first, Mcdavid is doing Mcdavid things and solidifying himself as one of the best in the league, RA's World Madness, and much more. This is an episode you won't want to miss. 00:00:00 - START 00:00:32 - Football Playoffs 00:06:36 - David Andrews Interview 01:24:02 - Around the League 01:45:54 - McDavid Dominance 01:50:35 - Detroit Red Wings 02:09:06 - Marner's Return 02:34:16 - Ra's World 03:01:04 - ETC. Support the Show: Pink Whitney: Take Your Shot with Pink Whitney RHOBACK: Use the code CHICLETS on https://Rhoback.com for 20% off your first purchase through the end of this week BODYARMOR: Work hard and hydrate hard with BODYARMOR Flash I.V. Grab it at 7-Eleven DRAFTKINGS: GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $300 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bet must settle by and Token expires 2/22/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. Ends 2/15/26 at 11:59 PM ET. Sponsored by DK.You can find every episode of this show on Apple Podcasts, Spotify or YouTube. Prime Members can listen ad-free on Amazon Music. For more, visit barstool.link/schiclets

So, we're deep into the plagues and we're seeing God's work to deliver His people, and while Exodus 10 & 11 are both key chapters, they're short enough to combine into one study. So, today we'll cover both chapters and see God's power in delivering His people. Join us! DISCUSSION AND STUDY QUESTIONS: 1.    In Exodus 10:2, what Moses was supposed to do with the record of the event of the Exodus? What reason does the Lord give Moses for doing this? How do Jewish people still carry this out today? 2.    As we consider the events leading up to the Exodus, how has God demonstrated His authority over all nations?  3.    What can we learn of the Lord's attitude towards the importance of women's worship in Exodus 10:9-11? 4.    Why was Pharaoh's repentance in verse 16-17 a false repentance? What would true repentance have looked like? How do people often give similar surface-remorse but not true repentance?  5.    Why do you think verse 21 describes the plague of darkness as something that could be "felt"?  6.    The plague of darkness zeroed in on Pharaoh who was supposedly the son of the sun; or more specifically he was supposed to be the son of Ra, who was supposed to be the god of the sun. What impact would this have on the people's view of Pharaoh if even he could not get the sun to shine?  7.    What window do we see into the workings of God, that He would specifically address the strongholds that are keeping people in bondage? Are there areas that the Lord has addressed in your life that He is calling you to bring under His authority?  8.    What explanation did the podcast give as to why Exodus 11:8 is not a contradiction with Exodus 10:29? 9.    Exodus 11:4 says that Moses' reputation was increasing among the people. How did God use Moses' faithfulness in the midst of suffering to increase Moses' impact on the people of God? How does He do this in our lives today? In your own life, how has your faithfulness in suffering deepened your impact on those around you? 10.    In the wrap-up portion of the podcast, it points out that although the Egyptians were worshipping their gods, this worship was not valid. How does this help us answer a common opinion that God will honor sincere worship, even if it's not directed towards Him? 11.     The podcast also mentions that all these plagues show us the lengths that God has gone through to establish His people. As New Covenant believers, what lengths has He gone through to establish His New Covenant community?  12.    As we reflect on the plagues, what kind of mental gymnastics do you think Pharaoh and his servants went through, to dismiss what they were seeing?  13.    What would it have been like, to be an Israelite, and witnessing all of this? How does God's reliability impact the way we believe God's promises and how we live in light of them?  14.    Why do we sometimes struggle to believe God, even when He's proven Himself so trustworthy? How can we respond faithfully to God and His revelation? Check out our Bible Study Guide on the Key Chapters of Genesis! Available on Amazon just in time for the Genesis relaunch in January! To see our dedicated podcast website with access to all our episodes and other resources, visit us at: www.keychapters.org. Find us on all major platforms, or use these direct links: Spotify: https://open.spotify.com/show/6OqbnDRrfuyHRmkpUSyoHv Itunes: https://podcasts.apple.com/us/podcast/366-key-chapters-in-the-bible/id1493571819 YouTube: Key Chapters of the Bible on YouTube. As always, we are grateful to be included in the "Top 100 Bible Podcasts to Follow" from Feedspot.com. Also for regularly being awarded "Podcast of the Day" from PlayerFM. Special thanks to Joseph McDade for providing our theme music.   

In this episode of Gangland Wire, Gary Jenkins sits down with author Craig McGuire to discuss his gripping book, Empire City Under Siege, a deep dive into three decades of FBI manhunts, mob wars, and organized-crime investigations in New York City. Craig explains how the project grew out of his collaboration with retired FBI agent Anthony John Nelson, whose career spanned the most violent and chaotic years of New York's Mafia history. From Nelson's early days as a radio dispatcher in 1969 to his transition into undercover and frontline investigative work, the book captures the gritty reality of law enforcement during the 1970s and 1980s. We explore how Nelson's career mirrored the evolution of organized crime and law-enforcement tactics, including the rise of undercover stings, inter-agency cooperation, and the increasing role of technology. Craig highlights the close working relationship between Nelson and NYPD detective Kenny McCabe, whose deep knowledge of Mafia families and quiet professionalism led to major breakthroughs against organized crime. He tells how these two investigators wathced and uncovered the Gambino Family Roy DeMeo crew under Paul Castellano and Nino Gaggi. Throughout the conversation, Craig shares vivid, often humorous slice-of-life stories from the book—tense undercover moments, dangerous confrontations, and the emotional toll of living a double life. These anecdotes reveal not only the danger of the job but also the camaraderie and resilience that sustained agents and detectives working in the shadows. The episode closes with a reminder that Empire City Under Siege is as much about honoring unsung law-enforcement professionals as it is about mob history. Craig encourages listeners to support true-crime storytelling that preserves these firsthand accounts before they're lost to time. Hit me up on Venmo for a cup of coffee or a shot and a beer @ganglandwire Click here to “buy me a cup of coffee” Subscribe to the website for weekly notifications about updates and other Mob information. To go to the store or make a donation or rent Ballot Theft: Burglary, Murder, Coverup, click here To rent ‘Brothers against Brothers’ or ‘Gangland Wire,’ the documentaries click here.  To purchase one of my books, click here. 0:02 Welcome Back to Gangland Wire 2:14 The Journey to Anthony John Nelson 4:46 The Life and Work of Law Enforcement 15:00 Inside Anthony Nelson’s Early Career 26:49 The Dynamic Duo: Nelson and McCabe 30:16 Tales from the Underworld 35:55 The Tragedy of Everett Hatcher 39:12 The High-Stakes World of Undercover Work 40:56 Closing Thoughts and Inspirations transcript [0:00] Hey, all you wiretappers. Good to be back here in studio of Gangland Wire. I say the same thing every time. I hope it doesn’t bore you too much, but I am back here in the Gangland Wire studio. And I have today an author who interviewed and wrote a book with an FBI agent named Anthony John Nelson, who was one of the premier FBI agents in New York City that was working the mob. And even more interesting about him to me was he formed a partnership with a local copper named Kenny McCabe, who you may know the name. I had read the name before several times as I started researching this and looking at the book, but he was a mob buster supreme and Agent Nelson really formed a dynamic duo. But first, let’s start talking to Craig, your book, Empire City Under Seize, Three Decades of New York FBI Field Office Manhunts, Murders and Mafia Wars. How did you get involved with Anthony John Nelson? [0:55] Hi, Gary. Thanks for having me on your show. Big fan. Appreciate the opportunity. Very interesting and winding path that led me to Anthony’s doorstep. I also previously wrote another book, Carmine and the 13th Avenue Boys, which was about an enforcer in the Colombo family during the Third Colombo War. And I was introduced to Carmine Imbriali through Thomas Dades. Tommy Dades, he’s a famous retired NYPD detective. So after the success of that book, Tommy introduced me to another member of law enforcement. I started to work on a project that sort of fell apart. And one of the sort of consultants, friends that I met with during that was Anthony Nelson. And then one day as that, due to my own fumbling, as that project was falling apart, I had a delightful breakfast with Anthony and his wonderful wife, Sydney, Cindy, one Sunday morning. And Anthony’s pulling out all these clips of all these investigations and all these Jerry Capiche gangland clips. And it was just fascinating. And so I started to realize that there’s something here because I’m also a true crime fan and I remember many of these cases. [2:08] So it took a while to get Anthony to agree to write a book. He’s not one for the spotlight. He’s really your sort of quintessential G-man, modern G-man. It’s also somewhat of a throwback. But he eventually was interested in doing a book if we didn’t just shine the spotlight on him. Gary, you should know the original, the working title of the book was In the Company of Courage. And that’s really the theme that Anthony wanted to bring forth. You’ll notice throughout the book, there are some vignettes and some biographical information about many of the members of law enforcement that I interviewed, but then we also covered and who are no longer with us. It was my privilege to write this book sharing Anthony’s amazing history, 30 years at the FBI and then several years at the Brooklyn District Attorney’s Office as an investigator. And just like one of the themes is just to really shed some light on the valuable work that members of law enforcement, including you, sir. Thank you for your service. And we think too often these days, members of law enforcement are maligned and there’s a negative light cast on them. It’s the most difficult job in the world. And we just want to make sure that we’re shining some light on that valuable work that the thousands of members of men and women in law enforcement do every day protecting us. [3:24] I appreciate that. I’ll tell you what, all the way from the rookie on the street making those domestic violence calls and party armed calls and armed robbery alarms calls that are, there’s nothing there the first five times you go. And then all of a sudden there’s a guy running out with a gun all the way up to the homicide detectives. And even the people that handle the budget, they all paid their dues out on the streets and organized crime investigators, of course, and narcotics. I really appreciate that. It’s a thankless job for the most part. Once in a while, you get a little thanks, but not much. As we used to say, it was fun. I can’t believe they pay us to do this. [4:01] Gary, it’s like you’re repeating some of the lines of Frank Pergola to Al King, just like that. And that’s key, that thankless piece. I remember interviewing Frank Pergola, just famous New York City detective, worked on Son of Sam. He also worked on solving 79 homicides related to the Gambinos and the DeMeo family. And he echoed those same sentiments. While you’re investigating a case, it’s the victims’ families and the victims, their nerves are so fraught. It’s such a stressful situation. And the members of law enforcement bear the brunt of a lot of that frustration. [4:41] And too often, there’s no thank you at the end. And it’s not that they want to thank you. It’s just that they want the sort of closure, not even the recognition, just some sort of realization that they did a great job. And it’s unfortunate that they don’t, that doesn’t happen as often as it should. I appreciate it. Let’s talk about Anthony Nelson. He sounds like a very interesting character. Talk a little bit about what you learned from him about his early career. And I want to tell you something, that recalcitrance, I believe that’s the word, $25 word if I’ve ever heard one. His refusal to really make himself a hero or the center of attention. That’s pretty common among cops and FBI agents. I’ve noticed we’ve got, I’ve got a good friend here in Kansas City, wrote a book about the mafia in Kansas City called Mopsers in Our Mist, but he refused to put himself into the book. He had a publishing company that wanted him to do it and was going to pay him to do it, but it had to have him as a hero. He said, we have to have a hero in this book. He says, I won’t do it. So that Mr. Nelson, Agent Nelson, that’s not that uncommon. So tell us a little more about some of his early cases. [5:49] Anthony Nelson, interestingly enough, his career trajectory and really his life tracks with the latter half of the last century. And a lot of the technological evolution, the rise of organized crime post-prohibition, these themes of urbanization, radicalization that came out from the starting in the middle of the century. But really heating up as a young Anthony Nelson joins the FBI in 1969, really mostly in administrative roles, radio dispatcher first, eventually he’s an electronics technician. So I’m sure, Gary, you can reflect on, and some of this will resonate with you, just how archaic some of the technology was. Oh my God, yeah. Yeah. Back then, we have some fantastic anecdotes and stories in the book, but just also like, for example, when you’re responding to a hostage crisis and you don’t have a cell phone, you don’t have minimal communications and talking about, you better make sure you have a pocket full of dimes and knocking on a neighbor’s door because time is of the essence and to establish contact. So just some of this great, really interesting material there. Eventually, Anthony was sworn in as an agent in 1976, and he entered the FBI Academy at Quantico, graduated in 77. [7:13] And interestingly enough, Anthony reflects like some of his fellow graduates, perhaps were not as keen on going to New York, one of the larger field offices, perhaps wanting to cut their teeth at a smaller office, but he obviously wanted to go home. So he was, and he jumped right into the fray, really assigned to hijacking. And he was an undercover operative in Red Hook during the 1970s, like the really gritty. And from the stories and from the various folks I interviewed, this really was gritty New York back then with the economy failing, crime on the rise. [7:48] Gary, you look, I heard an interesting stat last week where you had, there was almost a record setting that New York City had not reported a homicide for a record 12 consecutive days. And that had not happened in decades. So when Anthony joined the FBI, they were recording five homicides in New York City. And also during the 70s, you also had this, when you talk about radicalization, with 3,000 bombings nationwide, corruption was rampant. You had credit card fraud was just kicking off. You had widespread bread or auto theft and hijacking. Again, at the street level, Anthony was the front for a Gambino-affiliated warehouse where he had first right of refusal, where some of the hijackers would bring in the loads. And he was doing this on an undercover basis. So he jumped right in. They set him up in a warehouse and he was buying like a sting, what we called a sting operation. He was buying stolen property. They thought he was a fence. [8:50] Yeah, they started doing that in the 70s. They hadn’t really done, nobody had done that before in the 70s. ATF kind of started sting operates throughout the United States. We had one here, but they started doing that. And that was a new thing that these guys hadn’t seen before. So interesting. He was that big, blurly guy up front said, hey, yeah, bring that stuff on. Exactly. If you look on the cover, there are three images on the cover, and one of them is following one of the busts afterwards where they tracked down the hijacked goods. I believe it was in New Jersey. So you could get the sense of the volume. Now, think about it like this. So he’s in Red Hook in the mid-70s. This was actually where he was born. So when Anthony was born in 49, and if you think about Red Hook in the early 50s, this was just a decade removed from Al Capone as a leg-breaking bouncer along the saloons on the waterfront. And this was on the waterfront, Red Hook eventually moved to Park Slope. [9:49] And this was where Crazy Joe Gallo was prompted, started a mob war. And this was when any anthony is coming of age back then and most of his friends is gravitating so to these gangster types in the neighborhood these wise guys but this was a time pre-9-1-1 emergency response system so the only way to report or get help was to call the switchboard call the hospital directly call the fire department directly so you had the rise of the b cop where it wasn’t just the police they were integral part of the community and there’s this really provocative story Anthony tells the first time he saw a death up close and personal, an acquaintance of his had an overdose. And the beat cops really did a sincere effort to try to save him. And this really resonated with the young Anthony and he gravitated towards law enforcement. And then a little bit, a while later as a teenager, they’re having these promotional videos, these promotional sort of documentary style shows on television. And Anthony sees it, and he’s enamored by it, especially when they say this is the hardest job in America. So he’s challenged, and he’s a go-getter. So he writes a letter to J. Edgar Hoover, and Hoover writes him back. [11:03] So it’s a signed letter, and now Anthony laughs about it. He says it was probably a form letter with a rubber stamp, but it really had an amazing impact. And this is at the time when, you know, in the 50s, you really had J. Edgar really embrace the media. And he actually consulted on the other famous, the FBI television show, several movies, the rise of the G-Man archetype. So Anthony was fully on board. [11:28] Interesting. Of course, J. Edgar Hoover wanted to make sure the FBI looked good. Yes, exactly. Which he did. And they were good. They had a really high standards to get in. They had to be a lawyer or accountant or some extra educated kind of a deal. And so they always think, though, that they took these guys who had never been even a street policeman of any kind and they throw them right into the DPN many times. But that’s the way it was. They did have that higher level of recruit because of that. So, Anthony, was he a lawyer or accountant when he came in? Did he get in after they relaxed that? Oh, that’s spot on. I’m glad you brought that up. So now here’s a challenge. So Anthony needs that equalizer, correct? So if you’re a CPA, obviously a former member of the military, if you’re a successful detective or a local police force, one of these type of extra credentials. [12:20] Anthony’s specialty was technology. Now, when you think of technology… Not the ubiquitous nature of technology nowadays, where you have this massive processing power in your phone, and you don’t really have to be a technologist to be able to use the power of it. This is back in the 1960s. But he always had an affinity for technology. And he was able to, when he, one of the other requirements was as he had to hit the minimum age requirement, he had to work for a certain amount of time, he was able to get a job at the FBI. So he was an electronics technician before he became an agent. [12:59] And he had all of the, and back then this was, it was groundbreaking, the level of technology. And he has some funny story, odd, like man on the street stories about, I’m sure you remember Radio Shack when there was a Radio Shack on every other corner, ham radio enthusiasts. And it was cat and mouse. It was, they had the members of organized crime had the police scanners. And they were able to, if they had the right scanner, they had the right frequency. They were able to pick on the bugs planted really close to them. And he tells some really funny stories about one time there was a member of organized crime. They’re staking out, I believe it was the cotillion on 18th Avenue. And then I believe he’s sitting outside with Kenny McCabe. And then one of this member of organized crime, he’s waving a scanner inside and he’s taunting them saying, look, I know what you’re doing. And so it was that granularity of cat and mouse. [13:55] Rudimentary kind of stuff. Yeah. We had a guy that was wearing what we called a kelk kit. It was a wire and he was in this joint and they had the scanner and so but they had to scan her next door at this club And all of a sudden, a bunch of guys came running and there’s somebody in here wearing a wire. And my friend’s guy, the guy I worked with, Bobby, he’s going, oh, shit. And so he just fades into the background. And everybody except one guy had a suit on. Nobody had a suit on except this one guy. So they focused on this one guy that had a suit on and went after him and started trying to pat him down and everything. Bobby just slipped out the front door. So amazing. I mean, you know, Anthony has a bunch of those slice of life stories. I also interviewed a translator from the FBI to get a sort of a different perspective. [14:42] It’s different. Like the agents a little bit more, they’re tougher. They’re a tougher breed. They go through the training. Some of the administrative professionals, like the translators. So this one translator, it’s a pretty harrowing experience because remember the such the insular nature of the neighborhoods and how everyone is always [14:59] looking for someone out of place. So she actually got a real estate license and poses a realtor be able to rent apartments and then she spoke multiple dialects and then just to have to listen in and to decipher not only the code but also the dialects and put it together when you have agents on the line because remember you have an undercover agent if they get discovered more often than not the members of organized crime are going to think they’re members of another crew so you’re dead either they’re an informant if they think they’re an informant you’re dead if they think you’re an agent yeah just turn away from you say okay we don’t deal with this guy anymore if you think you’re informant or somebody another crew or something trying to worm their way in then yeah you’re dead exactly so interviewing maria for this you get that sense from someone who’s not in like not an agent to get true how truly harrowing and dangerous this type of activity was and how emboldened organized crime was until really the late 90s. And back then, it truly was death defying. [16:02] Oh, yeah, it was. They had so many things wired in the court system and in politically in the late 70s and early 80s and all these big cities. No big city was immune from that kind of thing. So they had all kinds of sources. They even had some clerks in the FBI and they definitely had all the court. The courthouses were just wired. And I don’t mean wired, but they had people in places and all those things. So it was death to find that you got into these working undercover. Ever. Hey, you want to laugh? I don’t want to give away all the stories, but there was a great story. I remember Anthony saying, they set up a surveillance post in an apartment and they brought in all the equipment while they were, then they got the court orders and the surveillance post actually got ripped off twice. So while they try, like after hours, someone’s going, yeah, ripping off all the FBI equipment. So you have this extra level of, so that gives you like, It really was Wild West then. Really? [17:00] So now he gets into organized crime pretty quick, into that squad and working organized crime pretty quick. I imagine they put him in undercover like that because of his accent, his ability to fit in the neighborhood. I would think he would have a little bit of trouble maybe running into somebody that remembered him from the old days. Did he have any problem with that? I spot on, Gary. I tell you, this was he. So he’s operating in Red Hook and actually throughout the next several years, he’s periodically flying down to Florida as a front for New York orchestrated drug deals. So he’s going down to Florida to negotiate multi-kilo drug deals on behalf of organized crime. But at the same time, he’s an agent. He eventually rose to be supervisory special agent. He’s managing multiple squads. So there did come an inflection point where it became too dangerous for him to continue to operate as an undercover while conducting other types of investigations. [18:02] Interestingly enough they opened up a resident agency office the ras are in the major field offices in the fbi they have these they’re called ras i’m sure you’re familiar these like mini offices with the office and they’ll focus on certain areas of crime more geographically based so they opened up the brooklyn queens ra and that really focuses heavily on organized crime but also hijacking because you had the, especially with the airport over there and a lot of the concentrations of, especially in South Brooklyn, going into Queens. So he worked there. Also the airport. Also the mass, you have this massive network of VA facilities. You have the forts. So you need these other RA offices. So you have a base of operations to be able to investigate. But Anthony has such a wide extent of case history, everything from airline attacks to art theft heists to kidnappings, manhunts, fugitives. There was Calvin Klein, the famous designer, when his daughter was kidnapped by the babysitter, it did do it. Anthony was investigating that. So it’s just, and while he has this heavy concentration in organized crime. I mentioned that. What’s this deal with? He investigated a robbery, a bank robbery that was a little bit like the dog day afternoon robbery, a standoff. What was that? [19:30] This was actually, it was the dog day afternoon robbery. They based a dog day afternoon on this. Exactly. What you had, and this was before Anthony was when he was still in his administrative role. So he had a communications position. So he was responsible for gathering all the intel and the communications and sharing it with the case, the special agents on site. So what you had was like, he’s with the play by play of this really provocative hostage. It was a bank robbery that quickly turned into a hostage crisis. And then, so throughout this whole, and the way it eventually resolved was the perpetrators insisted on a particular agent. I apologize. It slips my mind, but he’s a real famous agent. So he has to drive them to JFK airport where they’re supposed to have a flight ready to fly them out of the country. And what happens is they secrete a gun into the car and he winds up shooting the bank robbers to death. And there were so many different layers to this bank robbery. It eventually became the movie. And a funny story aside, the movie, while they’re filming the movie, Anthony’s at his friend’s house in downtown Brooklyn. It may have been Park Slope. And they’re calling for extras. His friends run in and say, hey, they’re filming a movie about this bank robbery that happened on Avenue U. You want to be an extra? And he said, nah, no thanks. The real thing was enough for me. [20:55] I’ll tell you what, it wasn’t for a New York City organized crime and New York City crime. Al Pacino wouldn’t have had a career. That’s the truth. [21:05] Now, let’s start. Let’s go back into organized crime. Now, we’ve talked about this detective, Kenny McCabe, who was really well known, was famous. And during the time they worked together and they were working with the Brooklyn District Attorney’s Office. Is that correct? Were both of them working for it? Was he at the FBI and Kenny was with the Brooklyn DA’s office? [21:26] When you think about thematically, in the company of courage, Kenny McCabe was really close. This was a career-long, lifelong, from when they met, relationship, professional relationship that became a deep friendship between two pretty similar members of law enforcement. [21:46] Kenny McCabe had a long career in the NYPD as organized crime investigator before he joined the Southern District Attorney’s Office as an investigator. So the way they first crossed paths was while Anthony was working a hijacking investigation. So he gets a tip from one of his CIs that there’s some hijacked stolen goods are in a vehicle parked in a certain location. So he goes to stake it out. Like they don’t want to seize the goods. They want to find out, they want to uncover who the hijackers are and investigate the conspiracy. So then while he’s there, he sees a sort of a familiar face staking it out as well. Then he goes to the, he goes to the NYA, a detective Nev Nevins later. And he asks about this guy. And so this detective introduces him to Kenny McCabe and right away strike up with his interesting chemistry. And they’re like, you know what? Let’s jointly investigate this. So they wind up foiling the hijacking. But what starts is like this amazing friendship. And I’ll tell you, the interesting thing about Kenny McCabe is almost universally, he’s held in the highest regard as perhaps law enforcement’s greatest weapon in dismantling organized crime in the latter half of the 20th century. For example, I interviewed George Terra, famous undercover detective who eventually went to the Brooklyn District Attorney’s Office. [23:12] And he had a great way. I hope I don’t mangle. Kenny knew all the wise guys and they all knew Kenny. And when I say he knew all the wise guys, he knew their shoe sizes. He knew who they partnered with on bank jobs years ago. So he knew who their siblings were, who their cousins were, who they were married to, who their girlfriends were, what clubs they frequented. For example, during the fatical hearings, where they would do sentencing, often the defense attorneys would want the prosecutors to reveal who their CIs are for due process, for a sense of fairness. And they refused to do that, obviously, for safety reasons, and they want to compromise ongoing investigations. So in dozens, perhaps so many of these cases, they were bringing Kenny McCabe. He was known as the unofficial photographer of organized crime. [24:07] For example, I think it was 2003, he was the first one who revealed a new edict that new initiates into Cosa Nostra had to have both a mother and a father who were Italian. Oh, yeah. I remember that. Yeah. He was also, he revealed that when the Bonanno family renamed itself as Messino, he was the one who revealed that. And then when Messino went to prison for murder, his successor, Vinnie Bassiano, Vinnie gorgeous. When he was on trial, that trial was postponed because so many of law enforcement leaders had to attend Kenny McCabe’s funeral, unfortunately, when he passed. So this is such a fascinating thing. Now, why you don’t hear more about Kenny McCabe, and I interviewed his son, Kenny McCabe Jr. Duke, is like Kenny McCabe like really issued the media spotlight. He would not, he wasn’t interested in grabbing the microphone. So you have almost no media on Kenny McCabe. If you do a Google search for him, I believe the only thing I ever found was a picture in his uniform as an early career police officer. [25:19] So it’s really hard to even do a documentary style treatment without having any media because B-roll is just going to get you so far. So really what Duke has been doing over the last two decades or more is really consolidating all of these as much material as he can. And I think eventually when he does put out a book, this thing’s going to explode. It’s going to be like true Hollywood treatment. But now going back to the mid-70s, so these two guys hook up. You have the FBI agent and you have the police detective. [25:49] Craig, what you always hear is that the FBI is suspicious and doesn’t trust local authorities. And local policemen hate the FBI because they always grab all the glory and take everything, run with it. And they’re left out. And I didn’t have that experience myself. They’ve got the case. They’ve got the laws. We don’t locally, county and statewide, you don’t have the proper laws to investigate organized crime. Yes, sir. But the feds do. So that’s how it works. This really blows that myth up that the local police and the FBI never worked together and hated each other. [26:25] I’m so glad you brought that up because this was very important to Anthony. He has so many lifelong friends in the NYPD, and I’ve interviewed several of them. And just this sincerity comes across, the camaraderie. In any walk of life, in any profession, you’re always going to have rivalries and conflict, whether healthy conflict or negative conflict. [26:46] Even more, you’re going to find that in law enforcement because the stakes are so high. But it’s a disservice to… And what we want to do is sort of dispel the myth that there was no cooperation. Why there were very well-publicized conflicts between agencies prosecuting certain cases. This was the time where technology was really enabling collaboration. Remember, and you had a time, if you had to investigate a serial crime, you had to go from jurisdiction to jurisdiction and you had to interview investigators. You had to comb through written records to piece this together. So it really was not conducive for collaboration. [27:22] So what you saw was the rise of, and then you had these investigative tools and these legal tools like RICO, while they were still trying to figure out and to build. So now you had the litigious tools where you could build conspiracies and prosecute them. So this sort of helped ferment this sort of collaborative interagency, which eventually led to these joint task force that were very successful. What I really love is this microcosm of Anthony Nelson and Kenny McCain. Now, Anthony Nelson was issued a Plymouth Grand Fury with the full police interceptor kit. If you’re familiar with that make and model, no automobile ever created screams cop-mobile like the Grand Fury. And so what you had was after hours, Anthony and Kenny would join up and they would go prowling the underworld with the Grand Fury on purpose. They wanted to be as conspicuous as possible. to the point where they would park in bus stops across the street from these social clubs. And when I say social clubs, they were… [28:29] Everywhere. There were dozens of them all over Brooklyn and Queens. And these are cafe, social clubs, bars, restaurants with heavy OC presence, blatantly conducting their business. So you have these two, Anthony’s always driving. Kenny’s always riding shotgun with his camera. I assume it was some sort of 35 millimeter hanging out the side, taking down names, license plates. Just a great story. You had Paul Castellano in front of Veterans and Friends on 86th Street when he had Dominic Montiglio start that social club so he could have more of a presence in Brooklyn on the street so that he actually crosses the street and he goes to Kenny and Anthony. And he’s saying, guys, you don’t have to sit out here. You could come down to Ponte Vecchio in Bay Ridge. I have a table there anytime you want to talk to me. So it’s that level of bravado. But pretty soon it changed. Once more of this intel started to build these real meaningful cases, Castellana put an edict, don’t talk to these two, don’t be photographed. What came out of that was an amazing partnership where they gathered so much intelligence and Anthony is very. [29:46] Quick to have me point out, give more credit to the investigators, to the agents, to the detectives. They gathered a lot of the intelligence to help with these investigations, but you had so many frontline folks that are doing a lot of the legwork, that are doing the investigations, making the arrests, that are crawling under the hoods. So it’s pretty inspiring. But then you also had some really good, and I don’t want to share all the stories [30:12] in the book. There’s a great story of Kenny and Anthony. They go into Rosal’s restaurant because they see this. [30:21] There may have been a warrant out on this member of law enforcement. So they had cause. So they go in and there’s actually some sort of family event going on. And they’re playing the theme song of The Godfather. As they go in and then they have to go into the back room to get this member of organized crime who’s hiding. So it’s these kind of really slice of life kind of stories that just jump out, jump out of the book. Really? I see, as I mentioned, they had some kind of a run-in with Roy DeMeo at the Gemini. You remember that story? Can you tell that one? Yeah, there’s, so Kenny and Anthony, throughout the hijacking investigations. [30:59] Were, they were among the first to really learn of this mysterious Roy. And his rise. And then also Nino. Remember Nino Gadgi was the Gambino Capo who took over Castellano’s crew, Brooklyn crew, when he was elevated. And then Roy DeMeo was really this larger than life maniac serial killer who formed the Gemini crew, which was a gang of murderers really on the Gemini Lounge in Flatlands, which is really close to Anthony’s house. And Kenny’s not too far. Didn’t they have a big stolen car operation also? Did they get into that at all? Yes. Stolen cars, chop shops. Remember, this is when you had the introduction of the tag job, where it was relatively easy to take the vehicle identification numbers off a junked auto and then just replace them with the stolen auto, and then you’re automatically making that legitimate. And then, so they’re doing this wholesale operation where they’re actually got to the point where they’re shipping hundreds, if not thousands of these tag jobs overseas. So it was at scale, a massive operation. Roy DeMay was a major earner. He was such an unbalanced, very savvy business for the underworld, business professional, but he was also a homicidal maniac. [32:22] Some say they could be upwards of a hundred to 200 crimes. Frank Pergola alone investigated and So 79 of these crimes associated with this crew. And it got to the point where, and he had a heavy sideline in drugs, which was punishable by death in the Gambino family, especially under Castellano. So then what you had was all these investigations and all this intelligence that, and then with this collaboration between the FBI and NYPD. Oh, wow. It is quite a crew. I’m just looking back over here at some of the other things in there in that crew in that. You had one instance where there was a sentencing hearing and of a drug dealer, I believe, a member of organized crime. And Kenny McCabe is offering testimony to make sure that the proper sentencing is given because a lot of times these guys are deceptive. [33:16] And he mentions DeMeo’s name. So DeMeo in a panic. So then maybe a couple of nights later, they’re parked in front of veterans and friends. And DeMeo comes racing across 86th Street. Now, 86th Street is like a four-lane thoroughfare. It’s almost like, oh, I grew up in the air a few blocks away. So he’s running through traffic. And then he’s weaving in and out. And he’s screaming at Kenny McCabe, what are you trying to kill me? Putting my name into a drug case? They’re going to kill me. And so it’s that kind of intimate exchanges that they have with, with these key members of organized crime of the era. [33:52] Wow. That’s, that’s crazy. I see that they worked to murder that DEA agent, Everett Hatcher, that was a low level mob associate that got involved in that. And then supposedly the mob put out the word, but you gotta, we gotta give this guy up. But you remember that story? Now, this is another instance where I remember this case. And I remember afterwards when they killed Gus Faraci. So what you had was, again, and this is very upsetting because you had DEA agent Everett Hatchard, who is a friend of Anthony’s. To the point where just prior to his assassination, they were attending a social event together with their children. And he would also, they would run into each other from time to time. They developed a really beyond like camaraderie, like real friendship. So then, so Hatcher has, there’s an undercover sting. So there’s Gus Faraci, who’s, I believe he was associated with the Lucchese’s, with Chile. [34:55] So he gets set up on the West Shore. And so he’s told to go to the West Shore Expressway. Now, if you’ve ever been on that end of Staten Island, that whips out heading towards the outer bridge. This really is the end of the earth. This is where you have those large industrial like water and oil tankers and there’s not really good lighting and all this. It’s just like a real gritty. So he loses his surveillance tail and they eventually, he’s gunned down while in his vehicle. So then Anthony gets the call to respond on site to investigate the murder. He doesn’t know exactly who it is until he opens up the door and he sees it’s his friend. And this is the first assassination of a DEA agent. It was just such a provocative case. And the aftermath of that was, again, like Gus Faraci, who was, he was a murderer. He was a drug dealer, but he did not know. He set him up. He thought he was a member of organized crime. [35:53] He was just another drug dealer. He did not realize he was a DEA agent. And then all hell broke loose. And you had just the all five families until they eventually produced Gus Faraci, set him up, and then he was gunned down in Brooklyn. [36:06] Case closed, huh? Exactly. Yeah. And as we were saying before, I don’t remember it was before I started recording or after that. When you’re working undercover, that’s the worst thing is they think that you’re an informant or a member of another crew and you’re liable to get killed. At one say, I had a sergeant one time. He said, if you get under suspicion when you’re like hanging out in some of these bars and stuff, just show them you’re the cops. Just get your badge out right away because everything just, all right, they just walk away then. It’s a immensely dangerous thing to maintain your cover. Yes, sir. Anthony was always good at that because tall gentleman has the right sort of Italian-American complexion. He’s passable at Italian. So with some of these folks, especially from Italy that come over, he could carry a conversation. He’s not fluent. [36:56] And he just walks in and talks in. It’s a different… George Terror was a fantastic undercover detective. And you talk to some of these undercovers, it’s like you have to be… There’s sort of this misperception that the organized crime members are like these thugs and flunkies. These are very intelligent, super suspicious, addled individuals that are able to pick up on signals really easy because they live on the edge. So you really can’t fake it, the slightest thing. And again, they’ll think that their first inclination is not that you’re a member of law enforcement. Their first inclination is that you’re a member of a rival crew that’s looking to kill me looks at looking to rip me off so i’m going to kill you first it’s just it’s just a wild and imagine that’s your day job oh man i know they could just and i’ve picked this up on people there’s just a look when you’re lying there’s just a look that just before you catch it quick but there’s a look of panic that then you get it back these guys can pick up that kind of stuff just so quickly any kind of a different body language they’re so good with that. [38:02] And he’s also, he has to be able to say just enough to establish his connection and credibility without saying too much that’s going to trip him up. And that’s like being able to walk that line. He tells, again, I hate giving away all these stories because I want readers to buy the book, but he has this fantastic story when he’s on an undercover buy and he’s, I don’t know if it’s Florida, if it’s Miami or it’s Fort Lauderdale and he has to go into a whole, like the drugs are in one location and he’s in that with the drug deals in one location and he’s in this location and, but he knows the money’s not going to come. [38:42] So he has to walk into this hotel room with all these cartel drug guys who are off balance, knowing that he’s got to figure out, how do I get out of this room without getting killed? And once I walk out, will the timing be right that I could drop to the floor right when the responding FBI agents, again, these are FBI agents from a different [39:08] field office that he perhaps doesn’t have intimate working. knowledge of. I got to trust that these guys got my back and they’re not distracted. So I can’t even imagine having to live with that stress. No, I can’t either. All right. I’ll tell you what, the book, guys, is Empire City Under Siege, the three decades of New York FBI field office man hunts, murders, and mafia wars by Craig McGuire with former retired FBI agent Anthony John Nelson. I pulled as many stories as I could out of the book from him. You’re going to have to get the book to get to the rest of. And believe me, I’m looking at my notes here and the stuff they sent me. And there are a ton of great stories in there, guys. You want to get this book. [39:50] I also want to say there’s something special going on at Wild Blue Press. My publisher specializes in true crime. And it’s just, they’re so nurturing and supportive of writers. Just fantastic facilities and promotions. And they just help us get it right. That’s the most important thing, Anthony, accuracy. So if there’s anything wrong in the book, that’s totally on me. It’s really hard to put one of these together, especially decades removed. But then I’m just thankful for the support of nature of Wild Blue and Anthony and all the remarkable members of law enforcement like yourself, sir. Thank you for your service. And Anthony, and I’m just so inspired. I just have to say, they’re like a different breed. And you folks don’t realize how exciting. Because there are so many stories like Anthony would come up with and he would say, do you think readers would be interested in this story? And I fall out of my chair like, oh my God, this could be a whole chapter. So it was as a true crime fan myself of this material, it’s just, it was a wild ride and I enjoyed it. [40:56] Great. Thanks a lot for coming on the show, Craig. Thanks, Gary. You’re the best.

The Texan prodigy transmits the sound of sci-fi techno in 2026. What does the future feel like in 2026? In an era dominated by nostalgia and electronic revivalism, even techno—a genre once defined by futurism—has begun to feel stagnant. Enter Gautham Garg, aka Decoder. Raised in Dallas, the 21-year-old offers a refreshed vision of techno for the present moment. While comparisons to techno stargazers like Mills and Richie Hawtin are inevitable, RA.1023 reveals a broader palette. Microtonal flourishes recall Aleksi Perälä's Colundi era, while the patient structures lean closer to Perlon-style minimalism than early-2000s severity, with nods to Ricardo Villalobos and Margaret Dygas. Built largely from unreleased material, RA.1023 captures Garg's vision of techno for this decade. There's weight, but it's more body than bite: elastic, finely tuned drums and a buoyant hypnotism that persists even in rougher moments. Though often labeled sci-fi, Garg's sound adds layers to cold futurism—instead, optimism shines through. In his hands, techno's future still feels bright. Find the Q&A and tracklist at ra.co/podcast/1042 @iamdecoder

Luis Herrero analiza junto a Cristina de la Hoz, Marisol Hernández y Raúl Vilas las palabras de Ignacio Barrón.

La opinión de Raúl Varela, en La Tribu, sobre la situación de los estadios de Primera.See omnystudio.com/listener for privacy information.

Holy hell, somebody done showed up a little late to the top-albums-of-2025 party. List week = missed week. NBD, better late than never, right? RIGHT? It's the sixth annual big episode, where Jay and Deon discuss their favorite twenty-two vinyl releases of this past year. That be eleven each, because Lickers go to eleven while these other suckaz be stuck on ten. LLR goes deep. LLR goes long. LLR wishes what you just read was code for something way cooler, but it isn't. It's just really long. The flippin' Free Bird of podcats.Dig this list? What did they miss? Let ‘em know your favorite long player releases in the year of our Lord 2025, it's never too late to share what sonically inspires you. Lightnin' Licks Radio Podcast's one big beautiful twenty twenty-five year in review episode SAMPLE SOURCES include: NPR, Beastie Boys, James Todd Smith. John Ussery, Prince Paul, Frukwan, Method Man, Brothers Johnson. Harry Shearer, Larry David, Cheryl Hines, Lynyrd Skynyrd, Kankles McTaco Tits, Elton John, The Time with Prince. Jeremy Gan, Josh Heath Scott, Jim DeRogatis, Anthony Fantano. Molly Sanborn, Matt O'Leary, Eli Enis, Ian Cohen. A Tribe Called Quest, Bon Iver, Justin Vernon, Missy "Misdemeanor” Elliot, Nicole “Lady” Wray, Tropical Fuck Storm, The Bee Gees, The sisters Haim. Calvin Harris, The Beatles… always. Kaytranada. Janet Jackson, De La Soul, Kelly Moonstone, Quelle Chris. Uncle Tupelo, Wilco, The AutumnDefense. NewDad, Aesop Rock, Blockhead. Verity Den, …And You Will Know Us by the Trail of Dead. Winter, Debby Friday. Water From Your Eyes, This Is Lorelei. Greg Freeman, Richmond Fontaine, Poison, The Darkness, KISS, Jimmy Jam and Terry Lewis, Aerosmith. Lael Neale, The Cars, Weakened Friends, Buckethead. Liquid Mike, The Rentals. Pile, Cody Maresec, YUM! The Smith Westerns, Whitney, Billy Nomates, Sleaford Mods. Fleetwood Mac, Eric Gale, Faces, Ry Cooder, Randy Weston. Pines, Greet Death, Christian Science Reading Room. Momma. Chris Keys (a lot), Amosdoll, Atlys, The Zombies. Cozy Cole, Andy Cohen, Raúl "El Gordo" De Molina, Tommy Chong, James Austin Johnson, Tim Robinson (YOU CAN'T DO THAT!), and lastly - and certainly least… Swamp Thing. Alternate links to the uninterrupted 2025 EOY mixtape will be available in short order,Have a great year!LLR's Top 22 albums of 2025 SPOTIFY PLAYLISTHear the mix via Soundcloud here!Part 1(Deon) : Intro _ Liquid Mike – AT&T _ HAIM – Everybody's Tryin' to Figure Me out! _ Pile – Bouncing in Blue _ NewDad – Entertainer _ Kelly Moonstone – Nananabooboo _ Weakened Friends – Queen of Town _ This Is Lorelei – Mouth Man _ The Autumn Defense – More Than I Can Say _ KAYTRANADA featuring TLC – DO IT! (Again) _ Debby Friday – Lipsync _ Greet Death – Love Me When You Leave Part 2(Jay) : Greg Freeman – Gulch _ Lael Neale – Down on the Freeway _ Aesop Rock – Full House Pinball _ Momma – Last Kiss _ Bon Iver – S P E Y S I D E _ Billy Nomates – Nothin' Worth Winnin' _ Lady Wray – Best of Us _ Whitney – Damage _Verity Den – Wet Glass _ Winter - The Beach _ Tropical Fuck Storm – Stepping on a Rake.Lickers drink champagne and shop at Electric Kitsch.Please act kindly to our neighbors and be patient with those who serve us. Let some light in. Good will prevail. Cheers and later.Dedication: Rob Ervin 1961 - 2025

This Law of One study night explored a bold cosmological thesis: that Earth, far from being a "prison planet," may serve as a pivotal catalyst for the Logos itself—a location where the Creator is learning something genuinely new at the macro scale. The Premise of Earth's Anomalous Position Doug opened by noting that while Earth is not unique as a third-density planet (Ra states that 33% of life-bearing planets host third-density experience), nor unique as a mixed-polarity planet, something extraordinary is occurring here. He proposed that Earth represents an extreme case—a location where the consequences of the veil experiment have reached their furthest expression. Ra describes the Logos as "a Protean entity that learns upon the macro scale"—and Doug invited the group to consider what kind of catalyst might provoke learning at that level. If we as individual beings learn through the intensity of our experiences, what experiences might teach the Creator itself? The discussion traced the composition of Earth's original third-density population at the beginning of the 75,000-year Master Cycle: One quarter: Native ape-body graduates from Earth's own second density One half: Souls from Mars, whose bellicose civilization destroyed their atmosphere mid-cycle One quarter: A mixture from thirteen other planetary groups—some third-density repeaters who didn't graduate with their home populations, others from planets whose aging suns could no longer support development As Troy observed, this created an unusually heterogeneous population—a "motley crew," in Doug's words—that has contributed to Earth's distinctive challenges. The Veil as Logoic Learning The conversation situated Earth's current condition within the larger context of the veil's implementation. Demarcus explained that prior to the veil, third-density beings experienced no forgetting: they could perceive the Creator directly, understood their purpose, yet felt no impetus to polarize. As Doug noted, Ra describes these pre-veil civilizations as existing in "monochrome"—without intensity or hue. Ra addresses this directly: "The first beings of mind, body, and spirit were not complex. The experience of mind/body/spirits at the beginning of this octave of experience was singular. There was no third-density forgetting. There was no veil." (Ra, 82.12) The veil's introduction created the conditions for genuine choice by separating the conscious mind from the unconscious—making each mysterious to the other. This generated the tension necessary for polarization, which in turn provided the "work" that allows consciousness to evolve. Doug likened this to the positive and negative charges in electromagnetism—polarity creates the capacity for movement, for transformation. The Paradox: A New Logjam Doug posed a provocative question: What if Earth represents the opposite extreme of the original logjam? Prior to the veil, beings were stuck in contentment, unable to polarize—like students born into wealth who see no need to study. Now, on Earth, we have a different kind of stuckness—millions of years of third-density repetition, where even our spiritual institutions can become entrapments. Doug pointed to the irony: "I know people who go to church... never miss a Sunday mass... and yet when you listen to them, oftentimes they're the most judgmental, the most alienating." The very structures meant to foster growth can perpetuate the same lower-chakra blockages they were designed to transcend. Barbara reflected on how "history, since the beginning of time has repeated itself, and still appears to be repeating itself." Yet Doug noted something new is emerging alongside the repetition: "We're repeating. But we're also increasing our self-awareness. So we know, maybe we're repeating." This is the peculiar gift of our moment—a growing gnosis within the repetition itself. Ra's Karmic Investment in Earth The discussion turned to Ra's own relationship with Earth. Doug highlighted that Ra, as late sixth-density beings, recorded their experience with Earth's population in "the great record of creation"—language suggesting implications beyond this solar system or galaxy. Ra's statement that "never again will any other group have to make the same mistakes" implies this situation is unprecedented. Ra became karmically entangled through their well-intentioned but naive interventions with the Egyptians. Yet this entanglement serves their own curriculum: "In learning how to balance the karmic imbalances that their influence created in earth's humanity... to try to redress those imbalances actually is their curriculum—how they're learning about the fine nuances of Karma in the universe." Ra's lesson, it seems, is unity—not merely within their social memory complex, but across the sphere of their influence. Their mistakes with us became their teacher. Ascension as Incarnation Perhaps the most practical teaching emerged around the concept of ascension itself. Doug cautioned against the desire to escape: "Ascension in the name of getting the heck out of here is exactly the thing that keeps us entrapped all the more in third density... If you want to ascend, you better learn how to incarnate all the more—into this body, into this thisness, and see the beauty of it all right here." This aligns with Ra's teaching that the harvest comes not through escape but through polarization achieved within the veil's constraints. Ra confirms Earth's birth into fourth density will occur through the beings who have learned to embody love here: "The earth, as you call it, is ready to be born, and the delivery is not going smoothly. When this entity has become born it will be instinct with the social memory complex of its parents which have become fourth-density positive." (Ra, 65.17) The way up, it turns out, is the way down—deeper into matter, into presence, into the very thisness we might wish to transcend. The Dignity of Being God's Sense Organs RuDee raised the question of whether Earth's role—being part of a larger cosmic learning process—diminishes individual experience. If we're like children playing with Fisher-Price versions of higher concepts, what's the point? Doug's response reframed the relationship entirely: "We are God's sense organs." He used the analogy of cutting a fingernail or accidentally pricking a finger while cross-stitching—if those cells were sentient, they might experience tremendous suffering. Yet from the perspective of the whole being, these small losses serve the larger movement of life. This is not to minimize our pain, but to situate it: our pain is God's pain; God's ecstasy is ours. We participate in "one divine sweep," a flow of purpose and meaning that gives our experience its ultimate dignity. Duncan noted that while Earth's intensity can produce incarnations where little is learned (due to overwhelming catalyst), it can also be "extremely profitable" for those able to process the experiences consciously. Doug went further, suggesting that the psychological and philosophical sophistication emerging on Earth—the capacity for deep self-reflection, contemplative practice, and nuanced understanding of self—may actually be "fourth-density and fifth-density stuff, right here." The presence of millions of wanderers—sixth-density souls incarnated under the veil—has created communities where conversations about karma, unconditional love, and the nature of consciousness occur as naturally as discussions of weather. This is not normal for third density. This is Earth's strange gift. The New Creation Afoot The session concluded with an affirmation: "Something magical is happening, something new. There's a new creation afoot—precisely at the place of the centermost stuckness of it all." Rather than viewing Earth's difficulties as evidence of failure, Doug invited the group to see them as the very conditions from which something unprecedented can emerge—just as the pre-veil logjam eventually birthed the veil itself. The cornerstone the builders rejected may yet become the foundation of what comes next. Doug referenced Michael's sharing from the previous week—his commitment to emit unconditional love wherever he goes, knowing from lived experience what conditional love feels like. This, Doug suggested, is God's own growth occurring through us. Barbara closed with the Prayer of St. Francis, a fitting summary of the night's theme: that where there is darkness, the call is to bring light; where there is despair, hope; where there is hatred, love—not through escape, but through engagement. "You can feel the groan like St. Paul says—that the very universe groans with this Eros, God's own divine Eros groaning and moving into completion. Like we are that groan... where God's lament and God's ecstasy exist at the same time." — Doug Scott

Summary: "Mystery" — Tim's Ra Contact Night Opening Doug offered an invocation acknowledging the group as the One Infinite Creator experiencing itself, emphasizing that living life through intention becomes the gift returned to the Creator—"giving back the glory." Core Teaching: The Nature of Mystery Tim structured his presentation around Ra's statement that "all begins and ends in mystery" (28.1), weaving together personal testimonies, Ra quotations, and contemplative reflection. The Paradox of Third Density Tim opened with a central paradox: Third density is explicitly not the density of understanding, yet we are compelled to seek understanding. Ra states: "We are those who are of the Law of One. In our vibration the polarities are harmonized, the complexities are simplified, the paradoxes have a solution. We are one. That is our nature and our purpose." (Ra, 1.1) Yet for third-density beings, paradox remains unresolved—and this is by design. As Tim noted, "Seeking for understanding while we do not pass go, collect $200... somehow, we have to find mystery and flow with it while living life." Personal Encounters with Mystery Members shared formative experiences of touching mystery: Tim — At age 11, watching snow fall through a lamplight window in Utah. "What I felt was not conceptual... just pure experience. Almost just experiencing mystery or the stillness." Russell — A canoe trip in the Boundary Waters under starlight, feeling something supernatural was about to happen. "Was I about to be revealed in mystery, and I said no?" Troy — Age 5–7, experiencing the strangeness of being: "It's so strange to be me." He had to reassure himself: "You are you, and that's all there is to it." He identified this as touching "the infinite mystery of beingness." Doug — His UFO encounter in first grade. Ra speaks of the Confederation using sightings "to evoke mystery" and call the viewer "into a deeper mystery" (53.3). Beyond this, Doug noted a chronic existential mystery: "Who am I in this situation?" Nathan — A precognitive dream of a green-painted iron stake that manifested the same morning—an impossible puzzle piece that "rattled around my whole life until I found the Law of One." Clara — As a child running to her parents' room during storms, she would see a picture of an angel with two children on a bridge. Years later, her mother insisted no such picture ever existed. "Somewhere I knew I was protected." Ra's Teaching on Mystery and the Archetypical Mind (Sessions 96–97) Tim traced Don Elkins's attempts to "purify" the tarot by removing corrupted additions. Ra cooperated but then offered this correction: "It is not possible to offer what you may call a pure deck... The removal of all distortion is unlikely, and to a great extent, unimportant." (96.4) Tim identified this as one of the most liberating teachings in the material. Don's desire to "figure things out" mirrors our own seeking—yet Ra gently redirects: "May we ask the student to look up from inward working and behold the glory, the might, the majesty, mystery, and the peace of oneness." (97.9) The archetypical mind, Ra explains, "does not resolve any paradox or bring all into unity. This is not the property of any resource which is of the third density" (97.9). The tarot, the mind complex, conceptual frameworks—none can deliver final resolution. What they can do is develop "the faculty of faith and of the will." Mystery as Self-Recognition Troy's childhood experience became the interpretive key. Tim observed: "Ra makes it very clear that the mystery is our encounter with our true nature. It's us learning and turning to see ourselves and kind of surprising ourselves." The One Infinite Creator knows itself through infinite perspectives. What we touch externally as "mystery"—snowfall, starlight, a strange dream—is actually recognition of something within. We are the mystery. Ra states: "The rhythms are clothed in mystery, for they are being itself" (97.9). Doug's earlier writing captured this: "We ARE the mystery... the wholeness of the sacred universe whose form is structured by sacred geometry exists inside of you and me." Mystery and the Limits of Understanding Tim quoted a Talmudic saying: "Ain mazal l'Yisrael" — "For Israel, there is no fate." Despite all astrological and karmic factors, we possess agency. The stars do not control our destiny; we can "play with the mystery however we want to manifest it." Ra's teaching reinforces this. While the veil creates conditions of not-knowing, we retain the capacity for choice. The mystery is not obstacle but invitation. Integration: Love, Light, and the Mystery Doug offered a framework for understanding mystery's relationship to love and light: Mystery — Not something we cannot know, but something we can know infinitely without ever exhausting. Each new route to truth "enlightens and enlivens the core." Love — The energy to explore mystery. "The seeking, the luring... the hounds of heaven constantly barking to keep going further." Light — The consciousness, the gnosis, the "Eureka" of a moment where mystery unfolds. Then it "collapses back down into the next rung of the ladder, where we are now beckoned to explore the mystery in more complex ways." DeMarcus's Synthesis DeMarcus connected Hindu cosmology to Ra's teaching: "There's an ancient Vedic scripture that says not even the gods and goddesses are able to understand the nature of Brahman." He noted that even sixth-density entities experience mystery, and eighth-density remains incomprehensible to those in fifth. "Mystery seems to be the great attractor... almost the reason for experience. It all begins in mystery, it's what starts the creation, it all ends in mystery." Closing Reflection: Sri Aurobindo's Savitri Tim concluded with verses from Sri Aurobindo's epic poem (Book 9, Canto 1): Because thou hast chosen to share earth's struggle and fate, And leaned in pity over earthbound men, And turned aside to help and yearned to save, I bind by thy heart's passion thy heart to mine. Now will I do in thee my marvelous works. When all thy work in human time is done, In the heart of my creation's mystery, I will enact the drama of thy soul, Inscribe the long romance of thee and me. Troy responded: "One of the most beautiful bits of interaction with God and soul that I've ever heard." Closing Prayer (Troy) "Holy One, Beyond all knowing, You stir the depths where words cannot reach. In stillness, we bow before your mystery—not to solve, but to adore. Open our hearts to wonder, that in all we cannot grasp, we may find you waiting. Amen." Community Notes Doug proposed that next week's gathering include personal introductions—each member sharing who they are and what brings them to Building 4th. Tim emphasized that mystery unites us across time and culture, citing a 700-year-old Zen poem by Musō Soseki describing the same bone-chilling stillness he experienced as a child in Utah. The evening modeled the community's practice: weaving Ra Material, contemplative poetry, and lived experience into collective seeking.

Ben Lindbergh and Meg Rowley banter about the best point in the podcast at which to talk transactions, how a salary cap would affect the kind of conversations we have about baseball (based on the way we discuss other sports), the notion that a particular signing would drive owners to pursue a salary cap, and (25:09) whether a fielder’s proclivity for diving catches tells us anything about how good he is (inspired by the belief that Andruw Jones never had to dive). Then (44:32) they break down the latest Mets moves (for Luis Robert Jr. and Freddy Peralta), the team’s extreme makeover, and why the Brewers dealt Peralta, plus (1:29:08) the Yankees’ Cody Bellinger deal, their lack of roster turnover, and Belli’s up-down-up career. Audio intro: Jimmy Kramer, “Effectively Wild Theme” Audio outro: The Shirey Brothers, “Effectively Wild Theme” Link to MLBTR on Gore Link to Young trade news Link to Young trade rationale Link to Rosenthal on the cap Link to Drellich on the cap Link to Calcaterra on Jones Link to Sheehan on Jones Link to Jones highlight reel Link to possibility space wiki Link to Ben on Harper’s dives Link to Hannah on dives Link to Rocky quote Link to FG on Robert Link to team CF projections Link to Robert CF rank Link to Robert’s sprint speeds Link to 2017 story on Robert Link to 2017 EW episode on Robert Link to FG on Peralta Link to FG on Peralta prospects Link to Brewers defense ranking Link to Peralta defenders ranking Link to RA-9 WAR leaders Link to team SP projections Link to Tong’s grilled cheese Link to BP on Peralta Link to Brewers payroll story 1 Link to Brewers payroll story 2 Link to team payrolls page Link to Mets team ZiPS post Link to FG post on Bellinger Link to Belli’s celebration injury Link to Belli on changing his celebration Link to team WAR projections Link to Domínguez defensive stats Link to team BaseRuns Link to political registration research Link to EW wiki on car recording Sponsor Us on Patreon Give a Gift Subscription Email Us: podcast@fangraphs.com Effectively Wild Subreddit Effectively Wild Wiki Apple Podcasts Feed Spotify Feed YouTube Playlist Facebook Group Bluesky Account Twitter Account Get Our Merch! var SERVER_DATA = Object.assign(SERVER_DATA || {}); Source

Episode 0944 - Buddha-Dhamma & the Law of One, I (Click on the above link, or here, for audio.) Introductory comments with Matt Owens on the new series correlating Pali Canon Buddha-Dhamma (Early Buddhism) & the RA Material (Law of One series). Our personal process & motivation for study & practice, with initial comments on cosmic structure, evolution/work (soteriology), karmic

Episode 0945 - Buddha-Dhamma & the Law of One, II (10 Fetters/7 Rays) (Click on the above link, or here, for audio.) In-depth correlation between Pali Canon Buddha-Dhamma (Early Buddhism) with the RA Material (Law of One series), in regards to 10 Fetters (Path) with 7 Rays (Cosmology).Additional references from Advaita Vedanta, core Taoism, transpersonal psychology, and Christian &

Programa de Par-Impar dedicado al western Silverado, dirigido en 1985 por Lawrence Kasdan. En un nuevo episodio del podcast de esRadio Par-Impar, Juanma González y Daniel Palacios conversan con el periodista y escritor Raúl Álvarez sobre el western Silverado, una alegre muestra de todos los tópicos del género que dirigió a mediados de los 80 Lawrence Kasdan. Con un espléndido reparto encabezado por Kevin Kline y Scott Glenn, entre muchos otros, Silverado narra las vicisitudes de un grupo de cowboys de distinto origen y carácter, pero unidos por las trágicas circunstancias que tienen lugar en Silverado, donde un malvado sheriff (Brian Dennehy) impone su ley.

El programa del viernes con Jesús Gallego: previa de la jornada 21 con Arbeloa hablando otra vez de épica y valores, Supercopa Femenina y resto de fútbol, El Sanedrón con Raúl Pérez, Europeo de fútbol sala, Euroliga, Alcaraz es el único español que sigue en el Open de Australia y más deporte.

Dr. Stamatos explains why fibromyalgia is absolutely real, how it commonly overlaps with inflammatory diseases like RA, and what's actually happening in the brain, nerves, and spinal fluid of people with fibromyalgia. She offers practical guidance for telling the difference between an RA flare and a fibromyalgia flare, explains why opioids often make fibromyalgia pain worse, and reframes treatment as a whole-person, multi-tool approach, not a single pill, diet, or supplement. This conversation is especially powerful if you've ever felt dismissed, blamed, or overwhelmed by mixed messages about pain, fatigue, brain fog, sleep, or mental health. You'll walk away feeling validated, better informed, and more confident in navigating life with both conditions.Episode at a glance:Why fibromyalgia is a real, biologically based condition (and what the science actually shows) How common fibromyalgia is in people with RA and other chronic illnesses What functional MRI, nerve studies, and spinal fluid research reveal about fibromyalgia pain Why opioids often worsen pain sensitivity in fibromyalgia instead of helping How trauma, prolonged untreated pain, and stress can “turn on” fibromyalgia Practical ways to tell the difference between RA inflammation vs fibromyalgia pain The critical role of sleep, mental health, and stress regulation in pain management Why fibromyalgia treatment is a constellation of strategies, not a magic fix A compassionate explanation of catastrophizing — and how to work with uncertainty How to explain fibromyalgia to friends and family (including the Spoon Theory) Trusted resources for learning more, including The Chronic Pain Reset by Dr Afton HassettMedical disclaimer: All content found on Arthritis Life public channels (including Rheumer Has It) was created for generalized informational purposes only. The content is not intended to be a substitute for professional medical advice, diagnosis, or treatment.Episode SponsorsRheum to THRIVE, an online course and support program Cheryl created to help people with rheumatic disease go from overwhelmed, confused and alone to confident, supported and connected. See all the details and join the program or waitlist now!  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Spencer Raxter, and Eazy react to Amon-Ra St. Brown saying Detroit Lions fans DON'T KNOW BALL

Charlamos con Carlos Sainz después de completar el 19º Dakar de su larga carrera. Además, Raúl Ruiz nos trae a Salva Ruiz, capitán de un CD Castellon que sueña con volver a Primera. 

La apuesta del Ajax por Raúl Moro no había salido bien y querían desprenderse del jugador.

La apuesta del Ajax por Raúl Moro no había salido bien y querían desprenderse del jugador.

TodoPorLaRadio con Toni Martínez, Especialistas Secundarios, El Mundo Today, Mario Panadero, Lydia Ramón, Cristina del Casar, Raúl Pérez, Luis Piedrahita, Susanna Ruiz e Iñaki de la Torre

La apuesta del Ajax por Raúl Moro no había salido bien y querían desprenderse del jugador.

TodoPorLaRadio con Toni Martínez, Especialistas Secundarios, El Mundo Today, Mario Panadero, Lydia Ramón, Cristina del Casar, Raúl Pérez, Luis Piedrahita, Susanna Ruiz e Iñaki de la Torre

In today's eye-opening episode of Joe Oltmann Untamed, we mark one year of President Trump's second term with a stark reality check: initial optimism has faded amid stubborn high food prices, unchecked crime in blue zones, lingering DEI divisions, halted illegal immigration but surging legal inflows, and unresolved global tensions. We explore how states sabotage federal efforts, cultural consensus fractures on borders and language, and hyper-partisanship threatens national unity leaving many more pessimistic than hopeful without bold fixes like overhauling rigged elections.We expose the left's power plays in Virginia, now blue-controlled, where Democrats push bills banning hand-counting ballots, eliminating mandatory minimums for rape sentencing, and gerrymandering for a 10D-1R map stealing representation from nearly half the voters. Tina Peters' prison ordeal highlights the human cost of fighting fraud, while we celebrate potential breakthroughs like the House probe into Ilhan Omar's $30M net worth explosion and Trump's Truth Social callouts on Somali fraud schemes.We also hit America's cultural decline fueled by education indoctrination and family breakdown, and where the nation heads in the next 5–10 years. We wrap with Minnesota's weekend chaos, leftist threats from Hakeem Jeffries, and "Angry White Male Studies" absurdity. Ra

Felíz año nuevo, podcast nuevo 20026!!!!! El sr Raúl Persona y Willa vuelven a unir fuerzas para contarnos la actualidad del mundo de los vvideojuegos! Un pequeño "a que estas jugando" de Metroid Prime 4, Unicorn Overlord y Ghostg of Yotey y mucho más!!! Tema musical: Atsu´s Theme - Toma Otowa (Ghost of Yotey).

El segundo entrenador del Galatasaray, analiza en La Tribu, junto a Raúl Varela y José Rodríguez, el duelo europeo ante el Atlético de MadridSee omnystudio.com/listener for privacy information.

The Wealth Formula Podcast is one of the longest-running personal finance podcasts still standing. For more than a decade, I've shown up every single week to talk about investing, markets, and the forces shaping the economy. What's interesting is how much my own thinking has evolved over that time. Early on, I was more rigid. I was—and still am—a real estate guy. But back then, I didn't give much thought to ideas outside that lane. I was dogmatic, and I didn't always challenge my own beliefs. Time has a way of doing that for you. I've now lived through multiple market cycles. I've watched the stock market melt up to valuations that felt absurd—and then keep going. I've seen gold go from flat for a decade to parabolic over a year. I've seen interest rates sit near zero for a decade and then snap higher at the fastest pace in modern history. And I've learned, sometimes the hard way, that diversification is about survival and that every asset class has its day. One lesson I learned that I am thinking a lot about these days is: ignore major technological shifts at your own peril. Back in 2014, I first started hearing people talk seriously about Bitcoin. At the time, I dismissed it. I listened to the critics, was convinced it was a scam, and didn't take the time to truly understand it. That was a mistake—not because everyone should have bought Bitcoin, but because I ignored a structural change happening right in front of me. Bitcoin went from a cypherpunk expression of freedom to the largest ETF owned by BlackRock. Today, the dominant story is artificial intelligence. And whether you love stocks, hate stocks, prefer real estate, or focus exclusively on cash flow, you cannot afford to ignore AI. This isn't a fad. It's a general-purpose technology—on the scale of electricity, the internet, or the industrial revolution itself. That doesn't mean it's easy to invest in. It's hard to look at headline names trading at massive valuations and feel good about buying them today. But investing in AI isn't about chasing a single company. It's about understanding second- and third-order effects: energy demand, data centers, productivity gains, labor displacement, capital flows, and how blockchain and decentralized systems intersect with all of it. What experience has taught me is this: you don't need to be first to invest—but you do need to be early in understanding. If you wait until something feels obvious, most of the opportunity is already gone. This week's episode of the Wealth Formula Podcast is focused squarely on AI and blockchain—what's real, what's noise, and where the long-term implications may lie. Listen to this episode. You'll come away smarter. And years from now, you may look back and realize this was one of those moments where paying attention really mattered. Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com.  Welcome everybody. This is Buck Joffrey with the Wealth Formula Podcast. Coming to you from Montecito, California. Today we wanna start with a reminder. We are in a new year and we are already doing deals, uh, through the Wealth Formula Accredit Investor Club. You can go and sign up for that for free. Uh, wealth formula.com just hit investor club and you just get on there and, and you’ll get onboarded. And from there, all you gotta do is wait for deal flow and webinars coming to your inbox. And, um, you know, if nothing else, you learn something. So go check it out. Uh, go to. Wealth formula.com and sign up for Investor Club now onto today’s show. Uh, the, it is interesting. I don’t know if you are aware it’s a listener, but we are, wealth Formula is, uh, probably I would say one of the, certainly in the one of the top longest running personal finance podcasts still. Standing. Uh, I’ve been around, well, I think the first episode was on like 2014, so it was a long time, but in earnest, you know, at least for over a decade. And, you know, during that time, I’ve shown up every week, every single week. Don’t Ms. Weeks, but none, none. Isn’t that incredible? I’ve shown up, uh, talked about investing and talked about very way markets are working, forces, shaping the economy, all that kind of stuff. But you know, as you can imagine, as a. As a younger individual versus, um, my crusty self. Now, you know, a lot of my own thinking has evolved over that time, you know, back then. And I, you know, I think this appealed to some people, but, um, you know, I was really dogmatic. I’m a real estate guy, right? And I still am a real estate guy, but back then I wouldn’t give anything else the time of day to even think about, you know, and, and, uh, I, I, you know. I was dogmatic and didn’t always challenge my own belief systems. Um, I’m different now, right? I’ve softened And time is a way of, of changing all of that dogmatic stuff for you. You know, I’ve lived through multiple market cycles. I’ve watched, well, I’ve watched the stock market, which I, which I always maligned, you know, melt up to valuations. Uh, that felt absurd. And then keep going higher. I’ve seen gold, which was kind of ridiculous for the longest time. I watched it for like a decade, just pretty much flat, and then it goes parabolic. Over the last year, I’ve seen interest rates sit near zero for a decade and then snap higher. Uh, not even as time, just launch higher at the fastest space in modern history. And I’ve learned sometimes I guess, the hard way that diversification is about survival and that every class, every asset class has its day. Just like every dog has its day. And um, you know, one other lesson that I learned that I’m thinking a lot about these days is ignore major technological shifts at your own peril. So what am I talking about? Well. It’s kind of a, it is a technological shift, whether you think it about not, but Bitcoin. Okay. Back in 2014, I first started hearing people talk seriously about Bitcoin, and at that time I dismissed it. I was, uh, I was listening to critics beater Schiff that constantly called it a scam, said it was going to zero and so on. I didn’t, I didn’t take the time to truly understand it, to try to understand it the way I understand it now, that makes me a believer in Bitcoin. That, of course was a big mistake, not because, you know, everyone should have bought Bitcoin and, uh, back then, well, they, you know, would’ve been nice if they did, but because fundamentally I ignored something that was a structural change happening right in front of me. And since then, Bitcoin went from a cipher punk expression of freedom to the large CTF owned by BlackRock today. The dominant story is actually artificial intelligence. Now, whether you love stocks, hate stocks, prefer real estate focused exclusively on cab, whatever, you cannot afford to ignore ai. It’s not a fad. It’s a general purpose technology and a technology shift, and the scale of electricity. The internet bigger than the internet, bigger than the industrial revolution. Now, that doesn’t mean it’s easy to invest in. I mean, I’m gonna go invest in AI and make a bunch of money because I mean, what does that even mean? It’s hard to look at headline names, trading at massive valuations like Nvidia and all that right now, and saying, oh, I’m gonna go buy that. Who knows? That’s gonna work out. When I talk about investing in AI isn’t really just investing in stocks or any individual company or data centers or whatever. It’s about understanding. The second and third order effects, energy demand. You know, as I mentioned, data centers, productivity gains, labor displacement, capital flows, and how blockchain and decentralized systems intersect with all of that. It is very, very complicated. Um, but it’s really important to start to try to understand, you know, an experience that stop me is this. You don’t need to be the first to invest, but you do need to be early in understanding. If you wait until something feels obvious, usually the opportunity’s gone by then. And you know, the thing about AI is even if you think it’s obvious now. The reality is that most people haven’t really caught on. Maybe they played with chat GPT, but I don’t think they’re understanding what this whole, you know, this thing is gonna do to our world. Um, anyway, so that is what this week’s episode of Wealth Formula Podcast, uh, is about. It’s about AI and also, um, a little bit about, you know, bitcoin and blockchain and that kind of thing. Um, we’re gonna talk about what’s noise, uh, you know, where the long, what the long-term, uh, implications are all of this stuff. This is a show that, uh, I really enjoy doing really, really good stuff. Um, so make sure you listen in. We’ll have that interview for you right after these messages. Wealth Formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net. The strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own bank to invest in other cash flowing investments. Here’s the key. Even though you borrowed money at a simple interest rate, your insurance company keeps paying you compound interest. On that money, even though you’ve borrowed it, that result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique. It’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its backbone. Turbocharge your investments. Visit Wealth formula banking.com. Again, that’s wealth formula banking.com. Welcome back to the show, everyone. Today. My guest on Wealth Formula podcast is Jim Thorne, chief Market strategist at Wellington. L is private wealth with more than 25 years of experience in capital markets. He’s previously served as chief capital market strategist, senior portfolio manager, chief economist, and CIO. Uh, equities at major investment firms and has also taught economics and finance at the university level. Uh, Jim is known for translating complex economic, political, and market dynamics into clear actionable insights to help investors and advisors navigate long-term capital decisions. Uh, Jim, welcome with the program. Thanks for having me Buck. Well, um, Tim, I, I, I, uh, had been following a little bit of, uh, what you discuss on, uh, on X and, um, one of the things that caught my eye is, you know, your, your narrative on, on ai, a lot of people are tend to be still sort of skeptical of AI and what’s going on, uh, with the markets. Um, uh, but at the same time, uh, there’s this. Sense. I think that ignoring AI altogether as an investor is, is, is downright potentially dangerous. So, uh, at the highest level, why is AI something people simply can’t dismiss? Well, we live in an, uh, uh, you know, many other people have coined this term, but we live, we’re living in an exponential age of, of technological innovation. And, you know, AI and I’ll just add into their, uh, blockchain is just the normal evolutionary process that, you know, for me started when I left graduate school and came into the business in the nineties where everybody had this high degree of skepticism of the computer and the, the, the phone, the, the. And the internet. And so, you know, what we do is we go through these cycles and there are periods of time where the stars align. And we have a period of time where we have what I would call an intense period of innovation where I would suggest to you that. People are skeptical. Skeptical, and yet at the same point in time, they very early on in the, in the, in the trade, call it a bubble when it’s not. And so I think it comes from the position of ignorance. One, I think two, fear, and then three. If you think about if you are an active manager, I in a 40 ACT fund, um, you know, and you’re sitting there with, uh, you know, mi. Uh, Nvidia at, you know, eight or 9% of your index. And that’s a big chunk that you’ve gotta put into your fund, uh, just to be market neutral. So there’s a lot of people that hate this rally. There’s a lot of people that are can, going to continue to hate this rally. But the thing I anchor my hat on are a couple of things. Look at if this is no different than the railroad. Canals, any major technological innovation, will it become a bubble? Yes. Just not now. So, so let’s follow up on that, because a lot of people think, or are talking about the, do you know the.com bubble, uh, comparisons, and you’ve argued that that sort of misses the real story. So, so where are we getting it wrong right now? Are those people getting it wrong? In the nineties buck, you’d walk into a bar and there wouldn’t be ESPN on there’d be CNBC on people were getting their jobs to become day traders. Folks didn’t go to the go to university because they were basically getting their white papers financed. You had companies that were trading off of clicks. So I lived that. Anybody who is of a younger generation has no idea what a bubble is, and it’s specious and pedantic for them to use that term when they have no clue about what they’re talking about. But you did mention that it could become a bubble. How do we know when it does become a bubble? Oh, it’ll become a bubble. Well, when, when, when you know, the, what, what I am looking for is, you know, when we, when the good investment opportunities start to dry up, when liquidity starts to dry up. So what I, it’s not about valuation, to me it’s about liquidity. So in 2000, what, and I’m roughly speaking, what went down was you had all these companies that were trading at Strat catastrophic valuation, this stupid valuations, and you walked in one day and they didn’t get financing. And if you read the prospectus or you followed the company, you knew that they were not going to be free cash flow positive for another two or three rounds of financing. All of a sudden you walked in and everybody goes, oh my God, this thing, you know, trading at 250 times sales. And everybody went, yeah, of course. And so what it was is, was when does liquidity dry up? So I’ll give you a date, um, you know, with Trump’s big beautiful bill act. 100% tax deductibility of CapEx and that goes until Jan 1, 20 31. So to me, that’s a very motivating factor for people to, um, invest. The last thing I would say to you in more of a game theoretic context book is, look, if you are a big tech company and you don’t invest in ai. You are ensuring your death. Yahoo, Hela Packard. I can go through the list of companies that cease to invest, so they’re looking. If it was you and I when we were running this company, I would say, dude, we gotta invest because if we don’t have a poll position in this next platform, whatever it is, we’re done. We’re toast. And I think that’s why you’re seeing all these hyperscalers spending as much money as they are. ’cause they get this, they saw it. So, you know, you framed ai not necessarily as a a tech trade, but as a capital expenditure cycle. Can you explain that to people? Well, what we need to do is we need to build out the infrastructure of ai. Then, and that’s the phase that we’re in right now. So it’s more like we’re building out all of the railroads, the railway tracks and the railway stations across the United States back in the 18 hundreds. And then we’re gonna go through that building phase. And then as that building phase goes, some companies, some towns, are going to basically realize and recognize what’s happening and start to basically take ai. Bring it into their business model, into enhanced margins. Right. So right now we’re building it out. I mean, you know, we all focus on the hyperscalers, but the majority of companies, pardon me, governments. Individuals, they haven’t used AI and, and what is interesting about this is back in the nineties, they were talking about how the internet had to evolve to be much more. You know, uh, have critical thinking in, in, in it. And it was more explained when you went to these conferences, as you know, you know, think about this. You’re hearing this in 99, okay? Not today. You go in and you ask Google or dog pile at the same time, or excite, okay? You would say, I wanna go to Florida in the third week of March and I wanna stay here and I wanna spend this amount of money and I wanna rent a car. Plan it for me. And they would come back and they would tell you that it would come back and it would, it would, everything would be there. And you would have your over here and all you would have to do is drop your money and you had your thing planned. So none of this is as, it’s aspirational, but we’ve heard it before. And in technology, what happens is it’s not like it’s new. We’ve been talking to, I did machine learning in in graduate school. Ai, you know, I did neural networks and I’m a terrible Ian. This isn’t, you know, Claude Shannon wrote about this in 1937, right? But it’s about when does it hit, and so it was chat GBT. Can we argue, was that right? As an investor, it’s stop arguing, start investing. Then what you’ve gotta figure out, which is the question you ask, is when does the music stop? I think it goes until the end of the decade. You know, one of the things that, uh, is interesting about this, uh, AI investment, uh, it’s, it’s unfolding in a higher interest rate environment. Why is that detail so important? Understanding its significance? Well, it’s the cost of capital, right? And so this phase that we have right now. It’s funny you say that, right? ’cause our reference point is zero interest rates, right? Yeah, yeah. Right. That’s right. So, you know, you know, so, so think about this, what it happens right now. Now we’re in the phase where you’ve got these hyperscalers that instead of taking all their free cash flow and buying bonds and buying back stock, are increasing CapEx because there’s a great tax deduction on it. So you get a lot of, so we’re in this phase where, for where, where a lot of the money is, you know, was. Was, let me, let me be clear, was a hundred free cashflow. Now we’re getting these guys, these companies like Oracle and what have you, you know, starting to issue debt and look at debt isn’t bad as long as the rate of return on debt is higher than the interest rates. And so, you know, you know, I, I would say historically speaking, for a lot of these high quality names, the interest rates are not, uh, at levels that will stop them from investing. Right. Right. You know, you’ve written that, um, productivity is ultimately the real story behind ai. So why does productivity matter more than the technology headlines themselves? Well, let me just put it this way, right? So we’ve grown, I grew up, I, I joined, I’m up here in Toronto, right? So I’m gonna give it to you in Canadian dollars, right? So I joined, I joined here. You know, I grew up here, went to the states, came back home. Growing this company I joined when we’re about three and a half billion. We’re getting close to 50 billion, and we’re the fastest growing independent platform in the country. I’m a one man band, right? I use three ai. In the old days, I’d have four research assistants. Where’s the margin in that? And so I, that’s how I see it. And let me be clear, it’s, you know, this isn’t we’re, it’s not perfect. But if I wanted to say, instead of you, but hey, write me a 2000 word essay on the counterfactual of what happened with railroads up until 1894 when the, when the bubble popped, give me a f, you know, a a thousand word essay and, and just a general overview. I can get that in less than five minutes. Michael Sailor is writing product on ai, which, which, which you would take, which you would take. He’s in his presentation, say it would take a hundred lawyers. So it’s gonna be more about those. And it’s, it’s no different than Internet of things or, you know, it was, uh, Kasparov that talked about this. Gary Kasparov talking about the melding of, of technology in humans. He would ran, run this chess tournament called freestyle. You could use a computer, you could use, you know, grand Masters. You could use whatever you wanted to compete. And who won? Well, who won it Was that those teams that were generalists that had a little bit of that, the knowledge of the computer and the knowledge of the test. Uh, o of chess, right? That’s what’s gonna happen. So this isn’t we’re, as far as I’m concerned, we’re not, yes, there’s going to be some d some jobs that are going to be replaced, but that is always the case in technology. I’m not a Luddite, okay? I am not Luddite. But the same point in time. I, I would suggest to you that it, it is just a really, for me, it’s a, helps me. Do research no different than when I was an undergrad and they went from cue cards in the, the library at the university to actually having a dummy terminal and I could ask questions in queue. You know, it stalked me from having to go to the basement of the library and going to microfiche. Right. Have helping that way. Now can it, can, will it do other things? I’m sure it is, and I’ll lead that to Elon Musk and the crew. You know, that’s above my pay grade. But for me, I see it as a very helpful way of, you know, allowing me to process and delineate. Much more information a a and not have me waste so much time trying to figure out what got went on in the past or, you know, QMF. Right. You know, summarize me the talk five, you know, academic papers in this area, what are they saying? And then they gimme the papers. Right. It just speeds the process up. Yeah. You know, um, one of the things that I’ve been sort of talking about and thinking about. Is that it’s hard to not see AI as a very, very strong deflationary force. Um, how do you think about that? Yeah. Technology is deflationary, right? Doubt about it. And so I look at it this way, Ray. Um, so I work at the financial services industry, okay. You know, Mr. Diamond of JP Morgan is talking about how they are starting to embrace blockchain and ai. They are going to cut out the back end of that in the, the margins in that, in that company by the end of the cycle are going to be fantastic. People just do not get in. You know, the financial services industry is built on a platform. Of the 1960s, dude. I mean, they’re still running Fortran, cobalt. So you know what I, how I look at this is much more as a margin type story, and there’s going to be a lot of displacement. But at the same point in time, I look at Tesla and automation and ai. And you know, people look at Tesla as a car company. I look at Tesla as an advanced manufacturing company. Elon Musk could basically go into any industry and disrupt it if it wanted to. Right. So that’s how I look at it. And so, you know, the hard part is going to be, you know. Nothing. If we get back to where we were, it’s not going to be perfect, right? Because here’s, here’s where the counter is, here’s where the counter is. Right? If you, if, if you think about, and we’re, I’m gonna take Trump outta the equation and ent outta the equation right now, but if we just went back to the way things were before COVID, we would have strong deflationary forces. Okay. Just with demographics, just with excessive levels of debt. Just with, you know, pushing on a string in terms of, in terms we couldn’t get the growth up, you know, and, you know, and the overregulation of financial institutions. Trump and descent are basically applying what’s called supply side economics, and they’re deregulating. It’s says law, which is John Batiste, that says basically supply creates his own demand and it’s non-inflationary. But really what they’re going to try to do is they’re going to try to run the economy hot and they’re gonna try to pull this way out of the debt. And if you do that and you deregulate the banks. And allow the banks to get back to where they were before the financial crisis. Okay. You know, and, and the Fed takes its interest rates down to neutral, expands the balance sheet. Then I don’t think we’re gonna go back to the zero bound in deflation. I think this thing’s gonna run hot for a long time. And I think it, the real question is, is, is is 2 75 in the United States the neutral rate? I think it is. Uh, but as, as, as Scott be says, and, and, and, and, and let’s be clear, buck, the guy’s a superstar. Okay. Guy is a legend. Just you sit there, just shut up and listen to him. Okay. They keep up, right? Well, so they’re gonna run it hot, but where we are is, in his words, mine, not mine. We’re still in this detox period, you know what I mean? We still got the Biden era. We still got, you know, a over a decade of excessive ca of Central Bank intermediation. That needs to get, you know, go away. So what I say, and what I’ve been writing about is 26 is going to be the year that the baton is passed back to the private sector. Let’s get rates down to 2 75. That’s, I mean, I’m going off the New York Fed model. That says real fed funds, the real, the real neutral rate is 75 to 78 basis points. I think inflation’s at two. That that gets you 2 75. Get the rates there and then get the balance sheet of the Fed to the level so that overnight lending isn’t loose or tight. It’s just normal. And then step back, go away and let Wall Street and the private sector create credit. Create economic growth and let’s get back to the business cycle. And if we do that, we’re gonna have non-inflationary growth. It’s gonna be strong, but we’re not going back to the zero bound and we’re gonna grow our way out of this. And so that’s where I get really excited about. This is a very unique time in history. A very, very, very unique time in history where, and I don’t know how long it’s going to last because of the compression that we have now because of the, you know, we live in such a digital world, but let’s say it’s five years demographic says it’s to 33, 32 to 33. That’s, you know, that’s how long this run is. And, and to me, uh, AI is a massive play. I, I, to me, blockchain is a massive play and to me it’s to those countries and companies that get it is, whereas investors, we wanna think, start thinking about investing. Yeah. You mentioned, um, non non-inflationary growth. Can you drill down on that a little bit just so people understand a little bit where. Usually you think of an economy running super hot, you, you think automatically there’s an, you know, an inflationary growth. So I want you to think in your mind into your list as think in your mind. Go back to economics 1 0 1 with the demand curve. In the supply curve, okay? And there are an equilibrium. And at that equilibrium we have a price at an equilibrium, and we have an output as an equilibrium. Okay? Now what I want you to do is I want you to keep the demand curves stagnant or, or, or anchored. Then I want you to shift the supply curve out. Prices go down, output goes out. We can talk all this esoteric stuff, you know, you know Ronald Reagan and, and Robert Mandel and supply side economics. But it’s really your shift in the supply curve out, and that’s what, and that’s what BeIN’s doing. I mean, this is a w would just sit down and be quiet. He’s talking about, you know, what is deregulation? He’s pushing the supply provider. Oh, hold on. My phone. My, my thing. And what did, since the two thousands, what did, what was the policy? It was kingian, it was all focused on the demand curve. Everything was focused on demand. And so all we’re doing is we’re, we’re getting the keynesians out. I use 2000 ’cause that’s when Ben Bernanke really came in and was very influential. Let me just say he’s a very smart, I learned so much from reading. Smart, smart, smart, smart guy. But his whole thing was Kasan. He came from MIT, his thesis supervisor was Stanley Fisher, right? We’re going back to, you know, Mario Dragons thesis supervisors, Stanley Fisher, all these guys came from MIT, Larry, M-I-T-M-I-T, Yale, and Princeton. Whereas previously it was the University of Chicago. It was Milton Friedman. It was, it was supply side economics. We’re going back, they’re going back to supply side economics and right now we need it. We need balance. But my god, what did we end off with? We ended off with four years of mono modern monetary theory. Deficits matter. That’s insanity. You had mentioned a little bit, uh, you, you’ve talked about blockchain a few times here. Talk about the significance. I mean, it’s sort of, you know, blockchain was a thing that everybody was, everybody was talking about it, you know, three, four years ago, but now it’s all about ai. But you know, now you’ve got, um, but in, but in the background, blockchain has grown, uh, adoption has grown. Uh, tell us what’s going on there, and if you could tie it into the significance of, of where we’re at today. Yeah. Um, uh, Jeff Bezos gave a wonderful speech, I think in two thou, early two thousands, where he basically talked about the fact that, you know, once this innovation is led out of the genie’s, led out of the bottle, whether or not, you know, buck and Jim, like it as an investment, the innovation continues. And so after the internet bubble pop, right? Really smart guys like Jeff Bezos, uh, Zuckerberg, you, you, the whole cast of characters, right? Basically built it out. Okay. And it wasn’t perfect and everybody knew it wasn’t perfect. I mean, that was the whole thing that was so bizarre. But they knew it wasn’t perfect and they knew that they needed to solve some problems. Right. And you know, it was a double spend problem. I mean, the internet that we were dealing with right now was developed in the 1950s and so on and so forth. And so, you know, that always stuck with me. Right. A couple of things stuck with me because I’ve lived through a couple of these cycles. The first one is Buck. When the, when Wall Street coalesces around something just shut up and buy it, right? I mean, I, I spent too much of my life arguing about whether dog pile and Ask Gees was better than Google. Wall Street said Google was the best. Shut up. Invest, right? And so, so look, blockchain solved the double spend problem. Blockchain solved all the problems that the original iteration of the internet could solve, and everybody knew it was coming along okay. So it’s a decentral, it’s decentralized, right? Uh, does, does not need to be reconciled. So no. Not only do you have another iteration of the internet. You have basically introduced into society the biggest innovation in accounting or recordkeeping since double entry. Bookkeeping accounting was introduced in Florence, Italy centuries ago by the Medicis and, and buck. All this is out there like, so this is a profound, right? So think about you’re in an accounting department and you don’t have to reconcile, right? So look. The first use cakes was Bitcoin. And what was the, what was the beautiful thing about it? Well, first off, it grew up by itself. And secondly, it’s got perfect scarcity, right? And so let’s just full stop. And I mean, yes, gold and silver had the run that they should have had decades. So I had been waiting and listening to people, gold bugs, talking about this type of run since the nineties. Okay. Um, but look, you know, and the problem with fi money, right? I mean, this is, this goes back decades. It’s an old argument. The way you solve it is, is Bitcoin. That’s the solution. I mean, forget about it. I mean, if they’re gonna whip it around and do all this stuff, fine. But the other thing that people miss and Sailor hasn’t, and Sailor is brilliant, is look. Bitcoin is pristine collateral in 2008, in September. What caused the, the system to stop was the counter. We could not identify counterparty risk for near cash. It was a settlement problem. Anybody you talk to Buck that says it was, you know, the subprime this and it, yeah, that was crap. I get that. But when the system shut down is you had a $750 million near cash instrument with X, Y, Z, wall Street firm, and you did this for three extra beeps and it was no longer cash. Guess. And guess what? Your institutional money market fund broke the buck. That’s when the system blew sky high. When the money market broke the buck and it was a settlement problem, blockchain and Bitcoin solved that. Sailor knows that, look where Wall Street’s gonna go. They understand now that. Bitcoin is pristine, collateral and capital that is 100% transparent. Let’s lend against it, and that’s what Sadler’s doing. That’s why Wall Street hates the guy so much, right? Think about that. Think of where is he going after he’s going after all the stranded capital on Wall Street. And, and the whole point is he’s sitting there going, I’m too busy for this. And you’ve got all these other people that are gonna live off of other people’s ignorance. Meanwhile, Jing Diamond knows exactly what he’s talking about. We can identify, if I hear one more person on me in, in the meeting say, I don’t know. You know, you know, uh, micro strategies balance sheet is so complicated. Really. Compared to JP Morgans, I mean, you know what his capital is. It says Bitcoin, like, what are you guys talking about? But hey, fucking in this business, people make generational wealth on ignorance of people who think they know what they don’t know. So, you know, just going back to Jamie Diamond, you know, he spent, I don’t know how long. Throwing every insult, uh, he could towards Bitcoin. And now they’ve really kind of, they haven’t backtracked. I think he’s, he’s, you know, his, his, um, I think the way he phrases is the blockchain’s a real thing. He never seems to really say the word Bitcoin, uh, in this regard. Um, banks in general, where do you think they’re headed with this stuff? I mean, I, you know, right now, again, you can kind of see even. Um, I think, you know, some of the big advisory firms suddenly recommending one to, you know, one to 4% of people’s portfolios in Bitcoin. I mean, this is all, I mean, gosh, I, I’ve, you know, been talking about Bitcoin since 2017. This is in unbelievable transformation in less than a decade. Where do you see this going in the next five to 10 years? It’s called the, it’s called, what is it? It’s called, I’m gonna call it the Evolution of Jim. Me, you know, in my business and, and, and, and you know, the thing I have book is I’ve survived and I’ve gone through a lot of cycles. I’ve done a lot, you know, and you ask yourself, you scratch your head a lot and you’re, and you, but you’re continually doing objective research and you’re this, if you, this is why I love this game so much. Right? So let’s just go stop for a second. Let’s get some context. Right. My first summer job, one of my first summer jobs, I worked in the basement of a bank in the in, in downtown Toronto, right up the street from the Toronto Stock Exchange. And my job was to let guys in with beak, briefcases into the cage, into the big vault, to basically bring in certificates. Okay. And, and what? Stock certificates. And so remember, you know, and I remember my grandfather when we, when he died, look at, we couldn’t sell the house because he didn’t believe in the banks. And we were finding certificates all over the house in the walls. Okay? Right. So in the 1960s it was bare based. The whole industry was bare based. And there was the volume in Wall Street started to pick up to the point where they couldn’t handle the volume. There was a paper crisis where almost a third of the companies went down bankrupt because of the cage. The cage. Okay. So basically what happened was, to make a long story short, they came out with, they came, Hey, why don’t we get two computers At one point in time, they said, okay, crisis. Let’s solve it. Well, why don’t we get these two computers and we can solve, or we can sell trades among, amongst each other. Okay. And then we don’t need to have guys riding around Wall Street with bicycles and big briefcases. Okay. And then what we did was, what we did was we sat there and said, well, why don’t we have a centralized clearing, and we’re gonna call it DTC or CDS, depending on what country you’re in. And what we’re gonna do is we’re gonna offer paper, we’re gonna, we’re gonna issue paper rights to the underlying stock that was developed in the early 1970s. That’s the system that we’re on right now. There are a lot of faults with that. Let me give you, when you’ve talked about the GameStop a MC situation, when you have a company that’s basically have more shares outstanding short, sorry, more shares short than outstanding, that shows you that the old system doesn’t work. It’s called ation. The paper writes to the underlying assets, it, it doesn’t match up. There have been guys that make a career outta this and write books about this, right? Dole Pineapple. They had a corporate, a corporate event, right? Hostile takeover. 64,000 for 64 million shares, voted, I think, and there was only 3,200 on. We all know this, so this has to be solved. The way you solve it is you tokenize assets, and this was talked about a decade ago, and they know about it and true tofor, they, and if you’re thinking about it, it’s totally logical, right? But if we allow this innovation to go full stream ahead, we’re wiped out, right? So what did they do? They delayed. They delayed. And as you know, you could talk about, it’s called Operation choke 0.2 0.0. Right. You know, the Fed overreached their bounds, they de banked people. I mean, this is why, why Best it’s going after them. They, yet they stepped over their constitutional mandate. Right. The federal, the Fed Act is not, uh, does not supersede the US Constitution. Elizabeth warned the whole thing. They did it. Okay, so let’s not complain about it. So now Atkins is gonna, we’re gonna have the Clarity Act come out and they’re gonna basically deregulate New York Stock Exchange already there. They’re gonna put everything on the blockchain and when you put everything on the blockchain, trade a settlement. There’s no hypo. Immediate settlement. Immediate, which is a benefit if you can get your act together because it, you know, for Wall Street firms you need less capital, right? So it’s a natural evolutionary process. And then you sit there and go back in history, if you and I were writing it, we’d sit there and go, well, should we be surprised that the incumbents right, the status quo pushed back on innovation? No, there was a guy, there was a prophet, um. At, at Harvard, his name was Clay Christensen, and he wrote this wonderful book called The Innovator’s Dilemma. You know, why does, why don’t companies evolve, or why do they go bankrupt? It’s because they cease to evolve and the status quo doesn’t allow the evolution of the companies to take place. Right? Well, that’s what happened in RA. We’re gonna complain about it. No, it, it is what it is. It’s water under the bridge. And so what I think is happening is, you know, Mr. Diamond is basically saying. He’s pragmatic, he’s a realist. And now he’s saying, we gotta evolve. And hey, by the way, now I’ve gotten to the point where I think I can make a tunnel. Think about that. Yeah. Think about his own stable coins, right? So his own stable coins. And, uh, well think about this. If you trade like internal meetings, right? And I’m hyped this hypothetical, right? I go, fuck, don’t screw this up this time. And you’re gonna go, Jim, what are you talking about? I go. We want a nice bread between bid and ask in these financial price. We don’t wanna go down to pennies. Okay? Can we go back to the old days when we were, you know, trading in quarters and sixteenths and so we can make some skin in the game? I think you’ve got the deregulation of the banking industry where the banks are gonna, they’re fit. It’s gonna be baby steps. But what’s gonna happen is they’re gonna basically say, stop taking all that capital that’s sitting at the Fed, making four or fed funds rate overnights wherever it’s four half, 3 75 right now. And you can now trade it. Go back to prop trading, which is what they did. And they’re gonna start off, they will start off with, its only treasuries. Eventually they’ll be able to expand throughout our lifetime. So the old way you gotta look at it is, you know. We’re bringing the ba, you know, we’re putting the band back together, man. Right. And the banks are gonna deregulate, they’re gonna deregulate the banks, they’re going to innovate, they’re gonna be able to use the capital, their earnings profile going out into the end of the decade. It’s, it’s gonna be monstrous, it’s gonna be, you know, it, it’s, it’s, and, and that’s how I get, you know, when people say, where do you think the s and p goes? You know, I say, you know, 14,000, you know, double from here by the end of the decade. And he goes, well, what about ai? I go, well, they’re gonna, that’s important, but it’s the banks. I think the banks are gonna have a renaissance. Yeah. Yeah. Um, one thing just to get your thoughts on, so when you look at the banks, you talked about sort of the inevitability of tokenization. Um, the stock exchange, uh, we talked about stable coins. I mean, another great way for banks to make money. Uh, essentially where does that, how, how does that help or hurt Bitcoin adoption? Because Bitcoin is a sort of a separate, separate, you’re not, you’re not building on Bitcoin as much as you are, say, Ethereum, Mar Solana or, you know, some of the, some of the blockchain things. So, so is it just that. Is it just a, an adoption issue? Because you live in a, in a different world. You live in a world of blockchain and Bitcoin is, its currency. It’s weird, right? Because I, I’m writing this feed like, so Buck, where are you right now? Where, where, where are you located? I’m in Santa Barbara. You’re in California. So, yeah, so I’m in Toronto, right? Uh, you know, I lived in, worked in the States for, you know, a decade, a couple of decades, and I’m back home and it’s like, man, they don’t get it. Right, and, and, and, and what am I talking about? Well, well, this, this is the, the thing that you’ve gotta understand is this, right. Ethereum was invented by Vladi Butrin in this town, Joe Alozo, who’s the head of one of the largest Ethereum groups. Father is a dentist at Bathurst and Spadina. We’re up here and people are saying, oh, you know, president Trump don’t talk about being a 51st state. We act like a colony, duke. We are a, you know, we forget about calling us one. We are. So, look, it, look, there is no doubt in my mind that Ethereum is going to have a place and, and we’re going to use it. Seems like we’re going to use Ethereum and that’s the smart contract, you know? Um. And that’s fine. Um, you know, but going back in time. But, but remember, there’s not per, there’s not perfect scarcity there. So I like Ethereum, don’t get me wrong, but I look at Bitcoin and I look at the, I look at the scarcity, and I also look at the fact of, you know, what sa, what Sailor, if you sailor did a presentation in the middle of next year and all hell broke loose. What he did, and it’s, you know, and of course I’m hypothesizing. He basically went to New York and said, I am going to create fixed income products and I am going to give yields. On those products, and I’m coming after the stranded capital that sits on Wall Street that you guys have been ripping on for years. In the middle of last year, staler went public and declared war. Okay. Are we surprised that Jim Shane Oaks came out and everybody came out basically guns a blazing. Are we surprised? But what he, what Sailor did and put and slammed on the table is it’s pristine capital, it’s transparent capital. And what are you willing to pay for that? And now you GARP banks trading at. We have no idea what their capital structure really is. Honestly, we have an idea, but it’s very opaque, right? You know, the high quality names are trading at two, two to, you know, two times tangible book. You’ve got fintech’s companies trading at four to five times, right book, and you know, what’s Sailor doing right now? Diluting his stock so he can buy as much Bitcoin as he wants because he sees the next game. He says the hell with what you guys think the next game is going to be. Wall Street’s going to realize that Bitcoin is pristine capital and there’s only 21 million of it. What do you and, and what just happened today? What did Morgan Stanley just file a treasury company. So everything you and I are talking about, they know they’re smart guys, right? They’re real, they’re not. That’s, this is the whole point. They’re really, really, really smart. Okay. They see they’ve gone through the history. They know. Okay, so you’re sitting there, you get around the room, you say, so wait a minute. Wait. Whoa, sailor’s over here. And he’s basically saying he’s gonna give you a a pref that’s basically backed by Bitcoin charging 10%. And he’s going after our corporate clients. I mean, and what’s the pitch Buck? You’ve got a hundred million dollars. Okay, you got a hundred million dollars in the kitty. Okay, buck. What happens is you need $10 million a year for working capital, which is in cash, which means you’ve got $90 million sitting there idle. Hey, buck, I can give you 10% on that. You go to Jamie, he’s giving you two. What are you gonna do? Yeah. I think one of the issues right now is I the, the perceived risk profile of that. Right. Uh, you know. I tend to agree with you about the, uh, pristine nature of Bitcoin s collateral, but just in general, the perception. I don’t know that, that that’s. That’s the case. Well, you gotta go back to the fact that, do you think Bitcoin’s going to zero or not? No, of course not. Yeah. ‘ cause the Bitcoin doesn’t go to zero. There’s no, then, then that are, there’s Bitcoin could go to zero. There’s no, I mean, I don’t think, I mean, non-zero probability, of course, right? I don’t think it is. And if that has been, if it has been selected and now you have Wall Street coalescing it, I haven’t even mentioned the president of the United States or his family. Right. Uh, or the Commerce Secretary and his family, right? Or if you go to New York, wall Street, right, they’re all talking about it, right? So, I, I, you know, to me, I, I, the question about micro strategy, to me it’s not. That it’s a treasury company and it’s got a pile of Bitcoin. What does he do with it? Does he become a bank? Like why does it, this is me. I’m pitching him. Right. Hey, Mike, why don’t you just become a FinTech, say you’re like a FinTech company and you’ll get, and you, you’re gonna instantaneously trade it five to six times book. Why don’t you, why are you, you’re talking like you’re attacking them, but you’re still, you’re still a software company with a, with a big whack of Bitcoin that you are writing pres. Right? So, and, and so that’s, that’s how I look at it. I think the wave is too big. We are going to digitize. And the other thing that we didn’t really touch on with respect to AI and blockchain, and I’m gonna paraphrase the president. Right. Um, Mr. Trump is, look, um, it’s a matter of national security, duke, and when I hear that, I go back to the nineties in the eighties when I was in late eighties when I was an undergrad. Right. And it wasn’t China, it was Japan. And, and you know, what happened was, you know, it, it’s funny, Al Gore did deregulate so that. The internet could become for-profit. We all stood around and said, you know what the hell could, how do we make money on this? That’s, you know, what do we do? And then what did we do? We, we, we threw a ton of money at it and the United States controlled it. And what did we get out of it? We got out, we got, you know, all those companies. Right. The last thing I would say to you, and this is much more of a personal story, is I, when I was younger, I was in New York and it was 2000 and I was at the Grand Hyatt, and it was a tech, it was a tech conference and, uh, Larry Ellison Oracle was there and he gave a, he gave a, he gave a a, a fireside chat. Then, um, we go to a breakout room and, you know, in a break, I don’t know about if you’ve been to one, but you go to a breakout room, it’s a smaller room at the hotel, and you know, sometimes you got 25 people, sometimes you got 50 people, right. And, you know, I went to the, I went to the breakout with Mr. Allison ’cause of Oracle and I went in there and it was absolutely jammed and I was sweating and he just looked at us and he just ripped us. He AP Soly, just, I still have the scars today. I’m talking to you about it. Okay. He called it a bubble. He called it a bubble. He, he was early in calling it a bubble. I never forgot that. And then you sit there and see what he’s doing right now. Where he’s levering up the balance sheet. Now, to me, having survived in this game for such a long period of time, and I call it a game, it’s a game of strategy, whatever, you know, how does that not, you know, I would say to you, we were, your office was next to mine. Fuck. I remember New York, he’s loading the goose loaded in. He go in, he’s borrowing money from his grandmother. He’s, you know, what is going on. And he’s really stinking smart. You know, he’s, he, Larry Allenson just doesn’t do, and people, oh, he’s in, you know, he’s, no, he’s not, he’s, he’s like the mentor of all of these guys. You know what I mean? So there’s a, to me, there’s a discontinuity that these need to believe that we’re still early on because you know, what, if Larry’s, what do we take when Larry or Mr. Ellison is leveraging up to me, it’s profound because I’m anchoring off of my bias to the New York, the New York high at, at the Tech Co. I think it was, I think it was at Bear Stearn. I couldn’t remember Bear Stearns or Lehman. But you know, one of those I carry that experience on with the rest of my life. I do. It’s like, what is Larry thinking? Right? So he’s leveraging up buck. That’s all I know. He’s a priest or guy. Well, that’s probably a good place for us to stop, Jim, uh, chief, uh, market strategist at Wellington Elta Private Wealth. Thank you so much for joining me. Thanks so much and be safe. You make a lot of money but are still worried about retirement. Maybe you didn’t start earning until your thirties. Now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Now, good news, if you need to catch up on retirement, check out a program put out by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide financial protection to your family if something happens. The concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealth formula banking.com. Welcome back to the show everyone. Hope you enjoyed it. Uh, and, uh, as I said before, do not ignore ai. This is something that you need to start using. Have your kids start using it. Uh, make sure that they, you know. They use it every day because this whole world is turning AI and it’s gonna happen. You know, it’s gonna happen in, in a blink of an, uh, blink of an eye. And the world is gonna change and there are gonna be real winners out there. And the winners are gonna be people who knew where there was, was going and kind of used it in their mind’s eye as they looked on navigating how. You know how to allocate their money. Anyway, that is it for me. This week on Wealth Formula Podcast. This is Buck JJoffrey signing off. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit wealth formula roadmap.com.

Federico analiza con Raúl Vilas, Eduardo Inda y Rosana Laviada el terrible accidente de Adamuz.

Federico analiza con Raúl Vilas, Eduardo Inda y Rosana Laviada el terrible accidente de Adamuz.

Con Álvaro Benito, Rafa Alkorta, Kiko Narváez, José Mari Bakero y Raúl Ruiz analizamos toda la jornada,. Además, conocemos las previas europeas y la última hora del FC Barcelona. 

Luis Herrero analiza junto a Anabel Díez, Laura Fábregas y Raúl Vilas las últimas informaciones del accidente ferroviario.

The newest XL signing delivers 60 minutes of blistering explorations across the hardcore continuum. Don't expect KAVARI to take anything too seriously. The Glasgow-based artist thrives on contradiction: a pop-adjacent instinct colliding with a love of discomfort, abrasion and noise. After years of releasing independently, 2026 marks a new chapter with PLAGUE MUSIC, her debut on XL, out in February. But her instincts remain the same: push harder, strip things back, make it stranger. It comes as little surprise, then, that she's earned the support of fellow mould-breakers like Aphex Twin, Ethel Cain and Hudson Mohawke. Of her RA Mix she shrugs: "I honestly don't remember making it." That irreverence is audible: disembodied voices mutter club-floor mantras, as she drags grime, drum & bass and dubstep through distortion, friction and collapse. If that all sounds chaotic, well, that's kind of the point. The aim is to unsettle but o nce you find your footing, RA.1022 reveals itself as genuinely thrilling dance music, far removed from convention. Because nobody gets anywhere interesting without ruffling a few feathers. Find the tracklist and interview at ra.co/podcast/1041 @kavarimusic

On Episode 612 of Spittin' Chiclets, The guys are joined by Blue Legend Barret Jackman to talk about some unreal roommate stories, winning the Calder, and what playing in the WHL was like. But first, Bizzy boy got the boo birds in Buffalo in between the benches and his parent were in attendance to cheer it all on. This is an episode you won't want to miss. 00:00:00 - START 00:00:32 - Chiclets Updates 00:14:47 - Buffalo Sabres 00:23:34 - Philadelphia Flyers 00:36:14 - Point Injury 00:40:27 - Around the League 00:54:14 - Barret Jackman 01:58:49 - Quick Hits 02:05:32 - RA's World 02:27:41 - ETC. Support the Show: PINK WHITNEY: Take Your Shot With Pink Whitney AMAZON PRIME: Prime Monday Night Hockey is available free to Prime members in Canada. Start your free trial: https://www.primevideo.com For the full Prime Monday Night Hockey schedule, visit https://www.primevideo.com/salp/nhl.You can find every episode of this show on Apple Podcasts, Spotify or YouTube. Prime Members can listen ad-free on Amazon Music. For more, visit barstool.link/schiclets

In this episode, Teddy Atlas recaps a big night of boxing with Agit Kabayel scoring a statement knockout over Damian Knyba in Germany, breaking down how Kabayel's pressure, patience, and fundamentals led to the decisive finish. Teddy also looks back at Dalton Smith's impressive victory in a firestorm fight against Subriel Matías, explaining why the fight delivered on every level and what Smith showed under extreme pressure against one of the division's most dangerous fighters.To close the show, Teddy previews and predicts the highly anticipated rematch between Raúl Curiel and Alexis Rocha, analyzing what adjustments each fighter must make the second time around and who has the edge heading into the sequel.]Thanks for being with us. The best way to support is to subscribe, share the episode and check out our sponsor: https://athleticgreens.com/atlasYou can join Teddy for the first ever community driven and one-of-a-kind subscription platform to get exclusive never seen before access to Teddy Atlas: https://Teddyatlasboxing.com The Ropes with Teddy includes: Teddy's tips and advice Evaluations/ video review feedback / Exclusive Fight Picks /Dedicated livestreams for private Q&A's and livestreams for selected fights with Teddy's commentary / 1 on 1 coaching from Teddy and much more!Timestamps:00:00 - Intro03:20 - Shala vs Milas 14:40 - Kabayel vs Knyba30:15 - Smith vs Matias51:25 - Rocha vs CurielTEDDY'S AUDIOBOOKAmazon/Audible: https://amzn.to/32104DRiTunes/Apple: https://apple.co/32y813rTHE FIGHT T-SHIRTShttps://teddyatlas.comTEDDY'S SOCIAL MEDIATwitter - http://twitter.com/teddyatlasrealInstagram - http://instagram.com/teddy_atlasTHE FIGHT WITH TEDDY ATLAS SOCIAL MEDIAInstagram - http://instagram.com/thefightWTATwitter - http://twitter.com/thefightwtaFacebook - https://www.facebook.com/TheFightwithTeddyAtlasThanks for tuning in. Please be sure to subscribe! Hosted on Acast. See acast.com/privacy for more information.

The Situation Report for January 9, 2026. Rep. Crenshaw breaks down a week of major geostrategic upheaval — the historic extraction of Nicolás Maduro and the fight over Venezuela's oil, the Trump Administration's renewed push to acquire Greenland, and growing unrest in Iran as demonstrations threaten the Ayatollah's regime. All the week's biggest developments in just 13 minutes.   U.S takes the gloves off in Venezuela   Why Greenland is a priority for the Trump Administration   Iran unrest threatens the Ayatollah   China escalates dispute with Japan in the East China Sea   ICE agent shooting in Minneapolis   MEDIA BIAD ALERT: The media's spin on Minneapolis   Food pyramid shake up   Trump Admin moves to bar major institutional investors from purchasing single family housing   Funeral shooting in Salt Lake City   Recommended read: "Crude Nation: How Oil Riches Ruined Venezuela" by Raúl Gallegos