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During the 3pm hour of today's show Chuck & Chernoff talked about the College Football Playoffs, Carson Beck, the Falcons coaching search, Trae Young, Steve Wyche, the Braves, Jason Aldean, Bruno Mars, Georgia Football and Georgia Tech Football beore playing a new Gametime game called "Is it Rah or Hell Naw?"See omnystudio.com/listener for privacy information.
During the 3pm hour of today's show Chuck & Chernoff talked about the College Football Playoffs, Carson Beck, the Falcons coaching search, Trae Young, Steve Wyche, the Braves, Jason Aldean, Bruno Mars, Georgia Football and Georgia Tech Football beore playing a new Gametime game called "Is it Rah or Hell Naw?"See omnystudio.com/listener for privacy information.
During the 3pm hour of today's show Chuck & Chernoff talked about the Falcons firing both Raheem Morris & Terry Fontenot while also moving Rich McKay away from football operations. The guys also had the final edition of "Reading with Rah," before talking about the NFL playoffs being set, Georgia Tech hiring a new OC, and Bijan Robinson and Drake London saying they wanted Raheem Morris to remain the Falcons Head Coach before being joined by Atlanta Falcons Beat Writer for The Athletic, Josh Kendall. Later in the hour the guys talked about the potential head coaching candidates for the Falcons and the need to go after a "name" this time around for Head Coach. See omnystudio.com/listener for privacy information.
During the 5pm hour of today's show Chuck & Chernoff continued to talk about the Falcons, Raheem Morris, Terry Fontenot, the future of the franchise and more before jumping into the last edition ever of "Reading with Rah" and get listeners answers to today's #WorstIdea question. See omnystudio.com/listener for privacy information.
Entre «El foraster» i «Bona gent». Crítica del programa especial de TV3 «Monòleg de l'any: Edició De Lux». Presentador i conductor: Quim Masferrer. Guió: Quim Masferrer, Manu Menéndez, Ferran Aixalà i Àlex Martínez. Continguts digitals 3Cat: Evelin Pérez i Eduard Calvet. Ajudant de realització: Mer Gil. Directora de redacció: Mari Rodríguez. Muntador: Anna Valero (AMMAC). Regidora: Ceci Artigues. Animador de públic: Ferran Aixalà. Vestuari: Maria Tuset. Maquillatge: Imma Capell. Art: ZeroQuatre. Coordinadora de postproducció: Rebeca Gómez. Grafista: Guille Alvite. Ajudants de producció: Ignas Oromí Valls i Cris Garcia. Redactora: Marta Roca Brugués. Operadors de càmera: Jordi Llopart, Guille Cuadrado, Sergio Clavijo, Marc Duran, German de Santiago, Ariadna Casas, Oriol Llopis i Daniel Carpintero. Mixer unitt mòbil: David Saez. EVS unitat mòbil: Sergio garcia Palet. Auxiliars de producció: Joana Rocosa i Clàudia Garcia. Auxiliar de càmera - VTR: Javier Blanco. Auxiliar de muntatge: Valeri Belbel. Lingüísta: Ignasi Oliver. Carlight. Disseny de llums: Xavi Costas. Taula de mescles i il·luminació: Jordi Pérez. Canoners: David Pachco Delgado i Arthur Gavaldà. Tècnic de llums: David Pacheco Delgado. Adisar. Tècnics de llums: Alberto Pérez Pascual, Daniel Sarsanedas Español i Martín Andrés Judewicz. Snake. Cap tècnic pantalla Led: Javier Alcáraz Miranda. Muntatge pantalla Led: Víctor Rodríguez Pérez i Daniel Casas Vargas. Direccio d'àudio: Pol Forès Torres. Tècnic de broadcast: Marçal Forès Torres. Tècnic de sala: Òscar Camí Rodríguez. Microfonista: Jordi Mateo López. Rigger àudio: Lucas Ferrer González. Ajudant rigger àudio: Pedro Martínez Carrasco. Eumovil. Assistents d'àudio: Arnau Chacón Cao i Ignacio Martínez Bellera. Operador d'àudio: Imanol Fernández Duran. Auxiliars de càmera: Marina Vilches Petra, Adrià Moreno Zamora, Marc Muñoz Sánchez, Quim Gómez Carro, Martí Franquesa Ortiz, Martí Alió Parull. Operador de ccu: Juan Carlos Gabriel Rodríguez. Operador de crane: Óscar Puente Gutiérrez. Auxiliar de crane: Anna Bergua Piqué. Supervisor d'equipament: Germán Soria Martínez. Enginyer unitat mòbil: Òscar Garcia Planas i Sandra Vilabru Pagès. Tècnics RF: Servando Aguilar ermúdez i Xavier Segura Rodríguez. Guerrilla Produccions. Muntatge tècnic: David Grau, Dani Tort i Agustí Rovira. Let's spund. So directe VTR: Bernat Gras. Producció de color VTR: La Casa de Kuleshov. Agraïments: Teatre LaFact Cultural Terrassa, FcBarcelona, Can Rocà i Casa Gispert. Transports Urbans de Sabadell (TUS) i Sant Tomàs L'Obrador. Productor Brutal Media: Raimon Masllorens. Producció Executiva Brutal Media: Carlos Salinet. Direcció de producció Brutal Media: Xavier Resina (APPA). Producció exectiva 3Cat: Mario Daza i Adrià Serra. Producció delegada 3Cat: Enric Dexeus i Reyes Marimon. Cap de realització 3Cat: Jordi Fàbregas. Coordinació de producció Brutal Media: Carola Miralles (APPA). Control econòmic Brutal Media: Mercè Garreta. Producció Brutal Media: Carla Sánchez Torremocha i Carlos Manríquez. Cap de producció: Anna Masferrer. Continguts Brutal Media: Oriol Vilalta. Director: Oriol Faura. Realitzador: Jordi Vives. Producció de 3Cat amb la col·laboració de Brutal Media, part de BBC Studios. Emissió en línia: Plataforma 3Cat. TV3, Sant Joan Despí, 29 desembre 2025. Veu: Andreu Sotorra. Música: Bones festes. Interpetació: Rah-mon Roma. Composició: Rah-mon Roma. Àlbum: Per Nadal pas de pardal, 1995.
En este episodio hablamos del origen literario y folclórico de los vampiros. Desde antes de Drácula hasta después de Drácula, los origines históricos, su relación con la historia de la medicina y sorprendemente cómo los vampiros son fuentes históricas.----
Mark Cunningham returns for our annual Christmas episode where look back at the events of 2025 (including Mark's review of Cliff's concert at the RAH) and Sam Dunn of Powerhouse Films
During the 3pm hour of today's show Chuck & Chernoff talked about the College Football Playoffs starting tomorrow, Paul Finebaum, Falcons, Cardinals, Raheem Morris, Kirk Cousins and Michael Penix before the last edition of "Reading with Rah" for the year. The guys then let listeners try to beat Chuck at Win Chuck's Dinner before reacting to the Breaking News that Trae Young will be back in action tonight agaisnt the Hornets for the first time in nearly 2 months. See omnystudio.com/listener for privacy information.
During the 3pm hour of today's show Chernoff & Barrett talked about Braves signings, the MLB off-season, Trae Young making his way back, Falcons-Cardinals, Kirk Cousins, "Reading with Rah," College Football Playoff ticket prices, Jon Morosi and more before being joined by National CFB Analyst Cole Cubelic. See omnystudio.com/listener for privacy information.
During the 3pm hour of today's show Chernoff & Barrett talked about Braves signings, the MLB off-season, Trae Young making his way back, Falcons-Cardinals, Kirk Cousins, "Reading with Rah," College Football Playoff ticket prices, Jon Morosi and more before being joined by National CFB Analyst Cole Cubelic. See omnystudio.com/listener for privacy information.
During the 3pm hour of today's show Chuck & Chernoff talked about the Faclons comeback win over the Bucs before Reading with Rah. Then the guys talked Braves, free agency, MLB Winter meeting and the fact that the Falcons are going to evaluate everything after the season before being joined by Brooks Austin to talk all things Georgia and College Football. See omnystudio.com/listener for privacy information.
During the 3pm hour of today's show Chuck & Chernoff talked about the Faclons comeback win over the Bucs before Reading with Rah. Then the guys talked Braves, free agency, MLB Winter meeting and the fact that the Falcons are going to evaluate everything after the season before being joined by Brooks Austin to talk all things Georgia and College Football. See omnystudio.com/listener for privacy information.
During the 3pm hour of today's show Chuck & Chernoff talked about Jalen Johnson being one of the best players in the NBA right now, Georgia being 2.5 point favorites against Bama in the SEC Championshop. Kirby Smart, the final meaning College Football Playoff Rankings coming out tonight and Falcons-Seahawks before jumping into "Reading with Rah." Then the guys were joined by Connor O' Gara from Saturday Down South to talk about Lane Kiffin, Gunner Stockton, Ty Simpson, Kalen DeBoer, Alabama, Ole Miss, Florida and more! See omnystudio.com/listener for privacy information.
During the 5pm hour of today's show Chuck & Chernoff talked about the final meaningless College Football Rankings being released tonight, the Hawks, Jalen Johnson playing at an MVP level, Lane Kiffin, Georgia Football, Alabama Football, Kirby Smart and the Atlanta Falcons before getinng into another edition of "Reading with Rah" and getting listeners answers to today's #Worst-Idea Question of "Where will Lane Kiffin go next?" (Wrong Answers Only) See omnystudio.com/listener for privacy information.
During the 3pm hour of today's show Chuck & Chernoff talked CFP rankings, Georgia Football, Georgia Tech Football, Falcons and Jets before jumping into "Reading with Rah." Then the guys talked about how Miami could already be out of playoffs before they are announced and how Oklahoma is going to find a way into the playoffs by being a tough team. See omnystudio.com/listener for privacy information.
Christopher Sheldrake is the nose behind numerous fragrances other perfumers only wish they had created: Feminité du Bois, Ambre Sultan, Chergui, etc. His style is at once deeply technical, classical, and avant-garde. Today, we chat about his prolific career, the creations he considers part of his personal canon, his unfiltered thoughts on the current state of niche, and Christopher shares the never-before-heard stories behind some of his greatest works.RSVP TO HOT TAKES LIVE: (pw: hotmic)https://stele.nyc/pages/12-5-hot-takes-live-with-emma-vernon-of-perfume-room-at-steleFRAGS MENTIONED:Spoturno 1921 (SOTD), Shalimar L'Essence (SOTD), Molton Brown Milk Musk, Frederic Malle Musc Ravageur, Serge Lutens: Santal Majuscule, Féminité du Bois, Rahät Loukoum, L'Orpheline, L'Innommable, Serge Noir, Chanel No. 5, Spoturno: 1921, Barbicaja, Alphée, L'Âme du Phénix; Giardini di Toscano Bianco Latte, Serge Lutens: Un Bois Vanille, YSL Opium, Dior Poison, Pour un homme de Caron, Serge Lutens: L'Orpheline, Féminité du Bois, Ambre Sultan, Chergui; Spoturno Barbicaja; Serge Lutens: Santal de Mysore, Santal Blanc; Le Labo Santal 33; Serge Lutens: Fumerie Turque, A la Nuit, Cuir Mauresque
During the 3pm hour of today's show Chuck & Chernoff talked about the new CFP rankings, Georgia Tech, Pitt, Georgia Bulldogs and Gunner Stockton before debuting a new segment called "Reading with Rah" which are highlights from Raheem Morris press conference while he is still the Head Coach of the Atlanta Falcons. The guys also talked about the Hawks, Pistson, Jalen Johnson, Joel Klatt and why the Falcons should hire Thomas Dimitroff again. See omnystudio.com/listener for privacy information.
There is a section in the Third Canto of the Śrīmad Bhāgavatam, in which Vidura asked some questions to Uddhava. And Uddhava, before he can answer, has to pull himself away from the spiritual world. He is standing on this earth, but he has to pull himself away consciously from the spiritual world to be able to answer Vidura. This is something that the ācāryas note: that when one becomes perfect in Kṛṣṇa consciousness, although we may be walking on this earthly planet, still, our consciousness is fully engaged in Kṛṣṇa's pastimes in the spiritual world. So this was Uddhava, who is very, very dear to Lord Kṛṣṇa, who carried the message for Kṛṣṇa, who discovered the greatest devotees and commemorated it by his prayers that he wrote glorifying the gopīs of Vṛndāvana. And here we are, Uddhava Kuṇḍa. We can also pray that somehow or other, we can get the dust of the feet of the great devotees. When we were driving in the rickshaw, somehow we took a shortcut. We drove across a dusty road, and I could hear that Sudhīr Mādhava was joking in the front seat about how we were getting a rajo-'bhiṣekam. Do you know what that is? It's a dust bath. And that's my final point: what is most recommended for advancement in devotional service? rahūgaṇaitat tapasā na yāti na cejyayā nirvapaṇād gṛhād vā This comes from the story in Fifth Canto with Mahārāja Rahūgaṇa and Jaḍa Bharata (SB 5.12.12), who says that you can't make advancement in this world by simply performing severe austerities. Some Yogīs, they sit in cold water up to their neck, or they sit around hot fire in the summertime, or they decide not to eat for long periods of time—whatever austerity somebody takes up, he said, "This is not how you make spiritual advancement." He says, "Until you get the rajo-'bhiṣeka, the dust bath from the feet of a pure devotee, that's when you make advancement." On a very practical level, this means to take up some service in the guru-pranāli-paramparā, become the servant of the servant of the servant of the servant. This is the method by which we can go back home, back to Godhead, following the mood of Śrī Uddhava: that let me be insignificant in service, not be insignificant, but to feel insignificant, and then become significant by taking the dust from the feet of the great devotees, meaning that I absorb myself in their mood and method for practicing Kṛṣṇa consciousness and spreading it all over the world. ------------------------------------------------------------ To connect with His Grace Vaiśeṣika Dāsa, please visit https://www.fanthespark.com/next-steps/ask-vaisesika-dasa/ ------------------------------------------------------------ Add to your wisdom literature collection: https://iskconsv.com/book-store/ https://www.bbtacademic.com/books/ https://thefourquestionsbook.com/ ------------------------------------------------------------ Join us live on Facebook: https://www.facebook.com/FanTheSpark/ Podcasts: https://podcasts.apple.com/us/podcast/sound-bhakti/id1132423868 For the latest videos, subscribe https://www.youtube.com/@FanTheSpark For the latest in SoundCloud: https://soundcloud.com/fan-the-spark ------------------------------------------------------------ #spiritualawakening #soul #spiritualexperience #spiritualpurposeoflife #spiritualgrowthlessons #secretsofspirituality #vaisesikaprabhu #vaisesikadasa #vaisesikaprabhulectures #spirituality #bhaktiyoga #krishna #spiritualpurposeoflife #krishnaspirituality #spiritualusachannel #whybhaktiisimportant #whyspiritualityisimportant #vaisesika #spiritualconnection #thepowerofspiritualstudy #selfrealization #spirituallectures #spiritualstudy #spiritualquestions #spiritualquestionsanswered #trendingspiritualtopics #fanthespark #spiritualpowerofmeditation #spiritualteachersonyoutube #spiritualhabits #spiritualclarity #bhagavadgita #srimadbhagavatam #spiritualbeings #kttvg #keepthetranscendentalvibrationgoing #spiritualpurpose
Foods of the African Diaspora Presented by Rahim Muhammad and Magic Johnson, Mahari restaurant, Chicago's Hyde Park America offers a melting pot of cuisines, with the foods from such countries as Mexico, Italy, France and China becoming as familiar to us as apple pie. But there's an entire continent, Africa, where most of us have not explored its vast cuisine, let alone the cuisine of the African diaspora. Do join us as principals from the recently opened Mahari restaurant in Hyde Park talk about their culinary creations that pay homage to the diverse culture that has shaped their heritage; Mahari Chef Rahim Muhammad and special events coordinator Magic Johnson will take us on a culinary journey that celebrates the diverse traditions and foods of the African diaspora. They will weave together the flavors and traditions from Africa, the Caribbean, creole, Afro-Latina, and soul food cuisines to the comfort foods of the American South; Bios: Rahim Muhammad, executive chef, is a third-generation chef. Born in Chicago and raised in Baton Rouge, Louisiana, Chef “Rah” graduated from Chicago's Le Cordon Bleu College of Culinary Arts and launched his career as an apprentice to Chef Art Smith at Table 52. Magic Johnson is Director of Community and Culture at Mahari. *** Wednesday, August 27, 2025 *** Recorded via Zoom on CONNECT WITH CULINARY HISTORIANS OF CHICAGO ✔ MEMBERSHIP https://culinaryhistorians.org/membership/ ✔ EMAIL LIST http://culinaryhistorians.org/join-our-email-list/ ✔ S U B S C R I B E https://www.youtube.com/channel/UC6Y0-9lTi1-JYu22Bt4_-9w ✔ F A C E B O O K https://www.facebook.com/CulinaryHistoriansOfChicago ✔ PODCAST 2008 to Present https://culinaryhistorians.org/podcasts/ By Presenter https://culinaryhistorians.org/podcasts-by-presenter/ ✔ YOUTUBE https://www.youtube.com/channel/UC6Y0-9lTi1-JYu22Bt4_-9w ✔ W E B S I T E https://www.CulinaryHistorians.org
Mike and Abe hit the Daily Download and recap last night's MLB playoffs, Thursday Night Football, and we hear from Rah on stopping Josh Allen.
Daily Boost Podcast Show Notes Happiness: What Makes JOY Last Longer Than Happiness? October 8, 2025 | Episode 5198 Host: Scott Smith Episode Description Scott gave up chasing happiness years ago. Plot twist: He's happier for it. After almost 20 years and over 5,000 episodes, he's learned that joy sticks around longer than happiness ever did. It's less fleeting, more reliable, and way more real. In this episode, Scott shares five ideas that have been posted on his office wall for years. He doesn't even remember when he put them there. But they're still relevant because they work. These aren't fluffy positive vibes—this is the honest truth about what actually makes life feel good when you're stuck, frustrated, or wondering why success isn't bringing the satisfaction you expected. Featured Story Picture this: Scott's looking at his office wall during a recording session. There are five handwritten reminders staring back at him. They've been there for years. He has no idea when he posted them, which tells you something—these aren't trendy mantras. They're the real deal. As he's about to hit 20 years of daily podcasting, he realizes these five ideas are exactly why he's still showing up. They're also why his clients in their 40s and 50s—successful people who should be happy but aren't quite there—finally start feeling something shift. It's not about motivation. It's about getting brutally honest with yourself about what you're doing with your time and who you're doing it for. Important Points Gratitude isn't just nice—it's the foundation for getting more of what you want. If you can't appreciate what you have, why would you get anything else? Your actions tell the truth your words won't. Look at what you actually do every day, not what you say you'll do or wish you were doing. Serving others strategically changes your life faster than chasing your own happiness. When you make someone else feel great today, everything shifts for you too. Memorable Quotes "You change when you wear yourself out. And the truth is, if you are stuck and you can't figure stuff out, there's some things you have to do and you have to figure it out, but there's a big stack. I'm going to guess 50, 60% of what you think you need to do that doesn't need to be done at all." "Remember, the person you are today is not who you will be tomorrow. In fact, the decision you make today may scare you to death. But as you start moving forward tomorrow and the next week and the next month and the next year, you'll become that person who is fully capable of transforming into whatever you want to do." "This is not the toxic positivity. Come on guys. You can do it. Be happy. Let's go. Rah, rah, rah. Love that stuff. But man, if that's not working for you, we got to get real, don't we?" Scott's Three-Step Approach Pause today and write down three things you're grateful for—even if life feels hard right now. Don't tell anyone you're doing it. Just do it and watch what compounds over time. Review everyone you'll interact with today and decide in advance how you want to make them feel. Serve first. Tell someone you're proud of them and watch what happens. Pull out your calendar and block time for yourself—not for tasks, but for your dreams. Own your time or everyone else will own it for you. Connect With Me Search for The Daily Boost on Apple Podcasts and Spotify. Email: support@motivationtomove.com Main Website: https://motivationtomove.com YouTube: https://youtube.com/dailyboostpodcast Facebook Page: https://facebook.com/motivationtomove Facebook Group: https://dailyboostpodcast.com/facebook Possible Titles (Ranked by Effectiveness) podcast, Scott, mindfulness, motivation, inspiration, happiness, personal development, mental health, joy, self-improvement, positivity, life lessons, personal growth, resilience, life advice, emotional well-being, happiness vs joy, authentic living, meaningful life, happiness tips Learn more about your ad choices. Visit megaphone.fm/adchoices
En este episodio hablamos sobre “Frankenstein o el moderno Prometeo” y sus adaptaciones cinematográficas. Nos preguntamos cómo la figura de la cultura pop tiene más peso que el monstruo original ideado por Mary Shelley hace más de 200 años. Y entre chiste y chanza, ¡volvimos!Este episodio inaugura una mini serie sobre monstruos. Espera próximamente episodios sobre Drácula y la historia de los vampiros y sobre cómo los zombies básicamente son racistas.----
The guys hit the the daily download and recap the Seattle win over the listless offensively Arizona Cardinals. No matter the QB, Rah says prep will be similar. And Marcus Mariota is named a team captain for Sunday's game.
International Arrivals speaks with Rah Eleh (Iran/Canada)(https://www.rah-eleh.com/), about her multi-channel and immersive video work that critiques gender, nationhood, and ethnic identity. Rah discusses her use of parody, game shows, dance, and her characters—Orion, Fatima, and Coco—who explore themes of whiteness, nationalism, and queer identity.
This week we are joined by Rah-buh-buh, and it's that time of year again! The time where almost everything we talk about is Fest related, so buckle up Aproposse!
Send us a textIn this episode of the Honest Tattooer podcast, hosts Jon Mesa and Matt Truiano sit down with special guests Rah from the Gold Coast, Australia, and Michael Getz from Des Moines, Iowa. The group dives into a wide range of topics from effective marketing strategies for tattoo artists, particularly when relocating, to the role of creativity and fine art in tattooing. They explore the potential impact of AI and technological advancements in the industry and discuss the importance of presentation and packaging in branding. Additionally, the episode touches on personal journeys, the intersection of art and faith, and building meaningful client relationships. Tune in to hear diverse perspectives and get inspired to elevate your tattoo career!Support the show
In the verse today, by context, boy met girl, they got married, and then, at some point, the husband went away to the forest to hunt, which means he left his wife for some time. Obviously, he wasn't satisfied, so he went away and tried to enjoy separately. Now he's come back to his wife and to his kingdom. And this verse, after he's been away hunting in the forest, describes him feeling hungry and thirsty. So, he eats, he takes a bath, he puts on sandalwood pulp, and now he's feeling relieved. So, Prabhupāda turns this into a metaphor. In his purport, he describes this as analogous to a person becoming refreshed by finding a saintly person. In this verse, we have a very straightforward understanding of how one can improve one's life: that is by attaining the association of saintly persons. Everything we are now is because of our previous association. "Puruṣaḥ prakṛti-stho hi bhuṅkte prakṛti-jān guṇān kāraṇaṁ guṇa-saṅgo 'sya sad-asad-yoni-janmasu." Kṛṣṇa says in Bhagavad Gītā 13.22 that whatever good or bad we have in our life, or whatever kind of body we have now, it has come about because of our association. And the means by which one can come to the perfection of life is by getting the association of the pure devotee. This is a theme throughout The Bhāgavatam, The Śrī Caitanya Caritāmṛta, and The Bhagavad Gītā. Bhāgavatam 5th Canto: 'rahūgaṇaitat tapasā na yāti na cejyayā nirvapaṇād gṛhād vā na cchandasā naiva jalāgni-sūryair vinā mahat-pāda-rajo-'bhiṣekam.' This is a verse that, when Jaḍa Bharata meets Rahūgaṇa, he realizes that he has been transformed by the association of the pure devotee. So he says you cannot achieve perfection by tapasya -'na cchandasā naiva jalāgni-sūryair' means that you may go in the summertime and sit next to hot fire just to detach yourself from the body or same thing with cold water. Or you may perform your duties properly in the grihasta ashrama or the sanyasa ashrama, but none of these things will bring you to the perfection of life... ------------------------------------------------------------ To connect with His Grace Vaiśeṣika Dāsa, please visit https://www.fanthespark.com/next-steps/ask-vaisesika-dasa/ ------------------------------------------------------------ Add to your wisdom literature collection: https://iskconsv.com/book-store/ https://www.bbtacademic.com/books/ https://thefourquestionsbook.com/ ------------------------------------------------------------ Join us live on Facebook: https://www.facebook.com/FanTheSpark/ Podcasts: https://podcasts.apple.com/us/podcast/sound-bhakti/id1132423868 For the latest videos, subscribe https://www.youtube.com/@FanTheSpark For the latest in SoundCloud: https://soundcloud.com/fan-the-spark ------------------------------------------------------------ #spiritualawakening #soul #spiritualexperience #spiritualpurposeoflife #spiritualgrowthlessons #secretsofspirituality #vaisesikaprabhu #vaisesikadasa #vaisesikaprabhulectures #spirituality #bhaktiyoga #krishna #spiritualpurposeoflife #krishnaspirituality #spiritualusachannel #whybhaktiisimportant #whyspiritualityisimportant #vaisesika #spiritualconnection #thepowerofspiritualstudy #selfrealization #spirituallectures #spiritualstudy #spiritualquestions #spiritualquestionsanswered #trendingspiritualtopics #fanthespark #spiritualpowerofmeditation #spiritualteachersonyoutube #spiritualhabits #spiritualclarity #bhagavadgita #srimadbhagavatam #spiritualbeings #kttvg #keepthetranscendentalvibrationgoing #spiritualpurpose
Une sélection chill out, lounge, downtempo, jazzy, deep house .Playlist: 1/ Azimov, Charos Kayumova « Voyage Voyage » 2/ John Beltran « Just Beyond The Sun » 3/ Findlay Brown, Kenneth Bager, Anders Ponsaing, Kasper Tranberg « Red Flowers » 4/ Dam Swindle, Haile Supreme « Not Enough » 5/ Rah, The Ruffcats, Dead Rabbit « MoonSun » (Dead Rabbit Remix) 6/ Orlando Voorn, Han Litz « Composers » (Downtempo Mix) 7/ C. Da Afro, J.B. Boogie « Paradisco » 8/ St Germain « Rose Rouge » (Atjazz Astro Remix) 9/ Blaq Owl « Hallelujah » 10/ Re-Tide « Mysteries Of The World » (Rework) 11/ Alma Negra « The Vibe » 12/ Orlando Voorn « Good in My Soul » 13/ John Beltran « Belle Isle » 14/ Alastair Lane, Sarah Degny « Roman d'Amour »
This week Jim welcomes Rah Mahtani, the Head of Commercial Strategy US for Alibaba.com, the Chinese multinational technology company founded in 1999 by Jack Ma and 18 colleagues. Alibaba Group operates as a holding company for a wide array of businesses, including online retail, wholesale through Alibaba.com, logistics (Cainiao), cloud computing (Alibaba Cloud), and financial services (Ant Group). Alibaba.com is the world's largest B2B (business-to-business) platform.Rah has been at Alibaba for about 2.5 years, and was promoted to head of commercial strategy about two months ago. Before Alibaba, Rah had a career deeply grounded in social media and digital communications, with time at Volvo, Jack in the Box, and BMW's Mini brand. A graduate of Syracuse University, where he studied Industrial Design, Rah is a self-described lover of dogs, kids and candy. Tune in for a conversation with a marketer in the middle of the changing global trade landscape!---This week's episode is brought to you byDeloitte and StrawberryFrog.Learn more: https://strawberryfrog.com/jimSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Waheguru Ji Ka Khalsa, Waheguru ji ki Fateh.In this Shabad, Gyani Amrik Singh talked about this multi-Rahāo structure.This Shabad is actually a part of a longer composition where Guru Nanak Dev Ji uses metaphorical imagery to discuss spiritual impurity, ego, virtue, false rituals, and the necessity of inner realization through the Shabad (divine Word).Unlike a regular short Shabad which typically contains one Rahāo to highlight the central theme, this composition is in Pauri form and contains multiple stanzas, each ending with a ‘Rahāo' — specifically numbered 1 to 4.This format is meant to pause and reflect after every key idea — essentially breaking the composition into four major spiritual contemplations. Each Rahāo is not a repetition or chorus (like in some hymns), but an independent reflective anchor for the preceding verses. multi-Rahāo structure serves to layer the listener's reflection, not just reinforce one theme. Guru Nanak Dev Ji here is making a powerful critique of superficial religiosity and calls us to inner transformation through the Shabad. Each Rahāo acts as a gateway for introspection, which is why there are four.Structure of the Four Rahāos in this Shabad:1. Rahāo 1 – Emphasizes purity through the Shabad, not just outer acts or emotions.2. Rahāo 2 – Contrasts external rituals (like bathing at pilgrimage sites) with the inner cleansing of ego.3. Rahāo 3 – Points to divine grace and understanding that comes not from pride or performance, but surrender.4. Rahāo 4 – Highlights the centrality of the Shabad as the true purifier and liberator. Here is the latest episode of Gurmat Conversations. Please listen and let me know what you think, if you would like to support future episodes, here is a donation link: https://www.paypal.com/donate/?hosted_button_id=LSEQVBVWX5LV8⸻
The Lions Squad Announcements is almost here, the Champions Cup is saved (hoo-RAH!), and rugby YouTube star Huw Griffin joins Brett McKay & Harry Jones on The 8-9 Combo Rugby Podcast to celebrate the best of British and forget about everything we hated before the semi-final stage. As all rugby podcasts are at the moment, we're contractually obliged to mention potential Lions Tour bolters amongst other educated guesswork for the make-up of Andy Farrell's squad, and we hold up out end of the deal with a bolter from the leftest of left fields. Also, we rejoice in what will be a cracking Champions Cup Final between Northampton and Bordeaux in Cardiff in a few weeks, plus contemplate some tricky runs home in the URC and Super Rugby Pacific. Games of the Week: • SRP Round 13: Crusaders v Chiefs, Christchurch • URC Round 17: Bulls v Cardiff, Pretoria • Premiership Round 16: Leicester v Sale, Welford Road • Top 14 Round 23: Toulon v Toulouse, Toulon • Japan Rugby League One Rd.18: Urayasu D-Rocks v Mitsubishi Dynaboars; the Chichibu, Tokyo • MLR Rd.13: New England Free Jacks v Chicago Hounds, Quincy MA #rugby #rugbypodcast #89Combo #SuperRugbyPacific #URC #Premiership #Top14 #JapanRugbyLeagueOne #MajorLeagueRugby #HuwGriffin #HGRugby Check out Huw's YouTube channel, it's great! https://www.youtube.com/@huwgriffinrugby Find us: YouTube: https://www.youtube.com/@8-9Combo?sub_confirmation=1 Spotify: https://open.spotify.com/show/1BcKhb24YOtwQhKc0S3sDm Apple: https://podcasts.apple.com/au/podcast/the-8-9-combo-rugby-podcast/id1729575866 Social media: #89Combo Twitter: https://twitter.com/89combo BlueSky: https://bsky.app/profile/89combo.bsky.social Find Brett and Harry on both Twitter and on BlueSky: @BMcSport + @HaribaldiJones Music: "Stalling" by Topher Mohr & Alex Elena (via YouTube Creator Studio) Voiceovers by Chookman + Sean Maloney Learn more about your ad choices. Visit podcastchoices.com/adchoices
We tackle some of the... less inspiring bosses of OSRS, but end on the banger we all know and love, The Rah! Call in on Speakpipe and leave us a voice message! Join the community discord: www.Discord.gg/Wilderness You can support the show at: www.Patreon.com/TheWildernessPodcast Come hangout in-game in our clan 'Wild' Get in touch with us at TheWildernessPodcast@gmail.com
Merriam-Webster's Word of the Day for April 8, 2025 is: apparatchik ah-puh-RAH-chik noun Apparatchik is used disapprovingly to refer to a blindly devoted official, follower, or member of an organization, such as a corporation or political party. // This generation of graduates wants more out of life than to become establishment apparatchiks. See the entry > Examples: "Played by What We Do in the Shadows' Matt Berry, Shazbor is a faithful party apparatchik and staunch defender of his country's traditions ..." — Damon Wise, Deadline, 25 Jan. 2025 Did you know? The apparat in apparatchik (a term English speakers borrowed from Russian) essentially means "party machine," with machine referring to a highly organized political group under the leadership of a boss or small group of individuals: apparatchik originally referred to someone functioning as a cog in the system of the Communist Party. The term is not a flattering one, and its negative connotations reflect the perception of some Communists as obedient drones in the great Party machine. In current use, however, a person doesn't have to be a member of the Communist Party to be called an apparatchik; they just have to be someone who mindlessly follows orders in an organization or bureaucracy.
J- Ivy, Anthony Hamilton, Tarrey Torae, HBCU Symphony - No Words (Terry Hunter Club Mix) Nathan Haines, Vanessa Freeman, Marcus Begg, - U See That (Atjazz Love Soul Mix) Charles Stepney, Kitty Haywood - You Make Me High (Terry Hunter - James Poyser Club Mix) Zo! feat. Monica Blaire - Make Love 2 Me Kayenne, DJ Spen, Michele Chiavarini - Bliss (They Call It Love) (DJ Spen - Michele Chiavarini Remix) Sahib Muhammad - Shine (Jihad Muhammad Bang the Drum Remix) RAH & The Ruffcats - Wake Up (they are the people of the myths) feat. King Khan (Yoruba Soul Mix) Omar - Can We Go Out (Zed Bias Remix) Reelsoul - All That I Can Say (Lonnie-s Groove) (DJ Spen Remix feat - Tasha LaRae) Shaun Ross - Learning Something New (Mark Francis Remix) DJ Rae, DJ Spen - The Vision (Original Mix) B Ross - Me And You (Main Mix) Miss Malevich, Kali Mija, Doug Gomez - The Difference (Doug Gomez Remix Sonic Soul Orchestra, Camden Rose, Eric Kupper - Luv High (Eric Kupper Extended Remix) Crackazat, lovetempo - But I Do (Crackazat Extended Remix) Abi Flynn - To the Sun (Laroye Classic Soulful Mix) Anthony Nicholson - ZION (The Arrival) MERLIN BOBB, Masaki Morii - Pink White (Remix Vocal) Steven Stone, Angela Johnson - Right One (For You) (Extended Mix) Dark Horse, Soulfreakah, Faith Nakana - Envy (Main Mix)
Guest mix by: Ilya Rasskazov 01. Paul Murphy & Marc Woolford Project - Jazz Room (Spiritual South remix) (Afro Art) 02. Don Kamares - Batie (Kamares & Afroforce Vocal Dub) (Real Deep Productions) 03. RAH & The Ruffcats - Wake Up (they are the people of the myths) feat. King Khan (Yoruba Soul Mix) (Sonar Kollektiv) 04. Brian Jackson - Mami Wata (Joaquin's House Dance Dub Reprise) (BBE) 05. Galliano - Circles Going Round The Sun (Laroye Dub Mix) (Brownswood) 06. musclecars - Running Out Of Time (BBE) 07. 3three3 - Psalms (Liondub & Rob Paine's Dancefloor Cut) (Worship) 08. Antenna - Another Wave (Altered Circuits) 09. Anish Kumar - Everything Blooms Around Her (AWAL) 10. Floating Points - Del Oro (Ninja Tune) 11. Fred Everything & Robert Owens - Never (Waajeed Remix) (Lazy Days)
As broadcast @ www.totallywiredradio.com Tuesday 04.03.25Hour One and Two with Ket Shah01. Marianne Solivan ft Buster Williams, Brandon Mclune & Jay Sawyer - Open The Door (Imani 2025)02. Küf Knotz & Christine Elise - Cascade (Self Released 2025)03. Uyama Hiroto ft. Substantial & Jsoul - Color of Love (Roph 2024)04. Uwade - I Wonder What We're Made Of (Ehiose / Thirty Tigers 2025)05. Angie Stone - Dinosaur (Cleopatra Conjunction Entertainment 2019)06. Kim Tibbs - The Time Is Now (Self Released 2025)07. Norihiro Tsuru - Farsighted Person (Time Capsule 2025)08. The Sure Fire Soul Ensemble - Freddie (Colemine 2025)09. Sola Rosa - Seeds (Concord 2025)10. Zacchae'us Paul & Gregoire Maret ft Cookie. & Milena Casado - Better Dayz (Candid 2024)11. Okonski - Summer Storm (Colemine 2025)12. Ella Fitzgerald - The Moment of Truth (Verve 2025)13. Bluestaeb, Melodiesinfonie & S. Fidelity - 365 P (Tre Posti) (Jakarta 2025)14. Anan - Etna (Space Echo 2025)15. S-Tone Inc. & Toco - Longe De Voce (Schema 2025)16. Subnesia ft Stine Hjelm - Nobody But You (Music For Dreams 2025)17. Marcus Odie - I'm There (ODNT World 2025)18. Lovetempo - We Can Make It Happen (Toucan 2025)19. Mamacita ft. Persona RS - Tu Amor (Double Drop Luke É Soul Re-Edit) (E Soul Cultura / Mr Bongo 2025)20. Luka ft. Kali Mija - Soft Landing (Charles Webster Mix1) (The Bliss Beyond 2025)21. Charles Petersohn ft. Roberto Di Gioia and People of Tala'aga Samoa - Children Of Zu Zu (Compost 2025)22. Late Nite City - Higher Ground (Late Nites 2025)23. Clavis ft. KUBA - Drifting (Lossless 2025)24. RAH & The Ruffcats ft King Khan - Wake Up (they are the people of the myths) (Yoruba Soul Mix) (Sonar Kollektiv 2025)25. MoBlack & Aycond - O Cajado (Extended Mix) (MoBlack 2025)26. Jo Paciello - Le Jazz (Extended Mix) (Peppermint Jam 2025)
Want to know what we're reading next before anybody else? Support the podcast by subscribing on Patreon! https://patreon.com/372pages This is our last reading of The Legend of Rah & the Muggles, so obviously, the following things will be resolved, wrapped up, made clear, etc. -The golden key-The box in the cave-Rah and Zyn's parents-Sir Geoffrey-The … Continue reading "372 Pages Ep 182 – Muggles #3 – Zyn? You all right, man?"
This week, James is replaced by Rah-buh-buh. Not, like, permanently. Sorry if we got your hopes up there.
Let's start by confessing that, yes; The Legend of Rah & the Muggles is obviously a children's book. I mean, the nuclear holocaust on page one. The small, deformed, hairless creatures getting dragged away by terrifying rodents. Giant horse ants. Fruit worms. This is kid stuff. Still! That does not deter Mike nor Conor from … Continue reading "372 Pages Ep 181 – Muggles #2 – Look, Dr. Dibbs is Obviously Not a Real Doctor…"
Support the podcast on Patreon where you get every episode a week early plus other assorted nonsense like Mike trying to recap Star Wars and our other podcast 280 Mysteries We'll Never Get Back! https://patreon.com/372pages Get the book here: Strange, hairless beings. Weird animals. Aquatic creatures. Caretakers caked with their own filth. And these are … Continue reading "372 Pages Ep 180 – The Legend of Rah and the Muggles #1 – Death. War. Destruc — oh, hello, Walter!!"
David Morales, Emiliano Pepe - You Don't Love Me (Extended Mix),Angelica de No - Gonna Get Over You (Radio Edit),Alexander Flood - Can't Get Enough (feat. Vivian Sessoms),Voices Presents Individual - Sky High (Satoshie Tomiie Interpretation),Loleatta Holloway - We're Getting Stronger (The Longer We Stay Together) [Frankie Knuckles & Eric Kupper Remix] (DJ Memê Edit),Hardsoul - Back Together (Director's Cut Classic Club Mix),Gat Decor - Passion (Grant Nelson Vocal Pressure Mix),Hotmood - Funk Party,Michele Chiavarini, Hazel Fernandez - Save Me (Extended Mix),Definite Grooves - Disco Light (Extended Mix),Mary J. Blige - Let No Man Put Asunder,RAH and The Ruffcats - Rodeo (Kid Fonque Refix),Eric Faria - Cant Get Enough Of Your Love Baby (Eric Faria & Jorge Araujo Afro Mix),Erica Falls - Optimistic,Tyrand - Do It Right,Jenn Em - I'm Ready (Alex di Ciò Remix),Close Counters - Freedom We're Needing,Jorge Dalto - Samba All Day Long,Quincy Jones - Love I Never Had It So Good (DoctorSoul Remix),David Morales - Life Is A Song (Ol' Skool Extended Mix),The Salsoul Orchestra - Runaway,
Send us a textWelcome back to another episode of RAH! We hope you're having a wonderful day so far, and if you are from the north then we hope you are staying warm! Today we're back with a Round Table Talk episode with two familiar voices, Jessica and Blake Browning! It's so good to have the two of them back after almost 6+ months with out them. Today we're talking about some embarrassing things that has either happened to us, our kids, or someone else's kids. We had so much fun talking about these and we hope you enjoy them as well. If you have any stories that you'd like to share, we would LOVE to hear them... So send them our way. Ya never know, we may just make a special episode just from YOUR stories! Make sure to stick around to the very end to hear a blooper conversation we had... We love y'all, and God bless!Thanks for listening! Leave us some feedback at rah.podcast23@gmail.com, or on Apple Podcasts! You can also find us on Facebook and Instagram.
If you supported our Patreon you could've been listening to this a week ago! Join the fun here: patreon.com/372pages In this episode we'll cover the wild backstory of our 32nd book “The Legend of Rah and the Muggles”. You may have heard about the 2001 lawsuit regarding this and the author's other books about “Larry … Continue reading "372 Pages Ep 179 – Book 32: The Legend of Rah and the Muggles"
Send us a textHappy New Year, friends! Welcome back to another episode of RAH! We're back again with another interview episode... A familiar voice.... Jessica Browning!!! Join us as she talks about the testimony of how Just Peachy was established. And it's exactly that... A TESTIMONY! We pray that you find this testimony as an encouragement, and a blessing. We love y'all. God bless! If you would like to check out Just Peachy, you can do so online. She has direct links on her business pages on Facebook and Instagram, or you could simply search justpeachybyjess.com on your web browser.Thanks for listening! Leave us some feedback at rah.podcast23@gmail.com, or on Apple Podcasts! You can also find us on Facebook and Instagram.
Damo is delighted with his recent experience with sleep therapy. Damon just finished INSURV on his Aircraft Carrier. Damo gets back in his “tin foil” bag and brings up aliens again to Damon. Damo talks about receiving his first DEOCS. Damon and Damo discuss how they spent Thanksgiving. The guys discuss what they are thankful for this year in the Navy. What is the “worst” rank in the Navy? Have you seen that graphic going around about upcoming changes in the Navy? The guys discuss these changes and why they waited so long to bring the topic up. NAVADMIN 242/24 was released, marking a major change to the Navy's PFA process. The Pentagon recently dropped 51 disqualifying conditions. The latest annual suicide list has been released by the DoD. AFFF is being sunset due to its toxic nature. NFCU is back in the news for all the wrong reasons. Another Chief was caught stealing military equipment. How can Chiefs that steal retain respect at their commands? Damon has a question about the concept of “change” and what that looks like for a servicemember. The guys discuss their weekly approaches to leadership. The guys share the latest #DoBetter from a listener along with a few of their own. Damo finally finished “The Last Stand of the Tin Can Sailors” and is here to share his review. Follow ‘Permission to Speak Freely' on TikTok, Facebook, Discord, Instagram, and Twitter, and subscribe on YouTube for more great content. To have your “Do Better” reviewed on a future episode please get in touch with us at ptsfpodcast@gmail.com Keep up with the ‘Permission to Speak Freely' podcast on our social media and YouTube - https://linktr.ee/Ptsfpodcast Links and more from the episode: Drake vs. The Industry https://apnews.com/article/drake-lawsuit-umg-d36b719ed62009c01f09d949b1032c25 Aliens in the Ocean? https://www.youtube.com/watch?v=nCCVK1i0TjE&ab_channel=WACHFOX New PRT Navadmin: https://www.mynavyhr.navy.mil/Portals/55/Messages/NAVADMIN/NAV2024/NAV24242.txt?ver=1_AQJjkprVGMF2v-ZMok9Q%3d%3d Pentagon Drops 51 Disqualifying Conditions https://www.militarytimes.com/news/your-military/2024/10/31/pentagon-drops-51-disqualifying-conditions-as-part-of-recruiting-push/ Houthis Attacking Destroyers https://news.usni.org/2024/11/12/houthis-attack-two-u-s-destroyers-leaving-the-red-sea-pentagon-says 2025 DoD Suicide Report Released https://www.defense.gov/News/Releases/Release/Article/3964785/department-of-defense-releases-its-annual-report-on-suicide-in-the-military-for/#:~:text=In%20CY%202023%2C%20523%20Service,have%20gradually%20increased%20since%202011 Rest Well Sgt. Sarah Roque: Why are we killing each other? https://www.cbsnews.com/news/sergeant-death-sarah-roque-soldier-charged-murder-missouri-fort-leonard-wood/ Body Of Missing 23-Year-Old Army Sergeant Found In Dumpster, Believed To Be Homicide https://www.wideopencountry.com/body-of-missing-23-year-old-army-sergeant-found-in-dumpster-believed-to-be-homicide/ Removal of AFFF https://www.stripes.com/theaters/asia_pacific/2024-11-18/pfas-firefighting-foam-military-japan-15884315.html Navy Fed fined 95 million for illegal overdraft fees https://www.pymnts.com/bank-regulation/2024/navy-federal-credit-union-fined-95-million-for-illegal-overdraft-fees/ Chief Caught Stealing https://www.13newsnow.com/article/news/crime/chief-petty-officer-pleads-guilty-to-stealing-military-equipment-and-selling-it-online/291-7aa2bb23-4127-48e8-9685-cfe795c85bec ‘Nah' to ‘Rah' is crazy - Marine recruit says nah to ‘rah,' flees boot camp, gets captured https://www.marinecorpstimes.com/news/your-marine-corps/2024/11/12/marine-recruit-says-nah-to-rah-flees-boot-camp-gets-captured/ Book of the Week: The Last Stand of the Tin Can Sailors (James Hornfisher) https://www.penguinrandomhouse.com/books/82865/the-last-stand-of-the-tin-can-sailors-by-james-d-hornfischer/ Additional Credits: PTSF “Theme Music” - Produced by Lim0
Aus Lagos, der Stadt in der Fela Kuti lebte und wirkte, kam vor einigen Jahren ein junger Mann mit dem schönen Namen Rapturous Apollo Helios nach Berlin. Da er Live-Musik liebt, tauchte RAH, wie er sich auch nennt, umgehend in die Funk-, HipHop- und Soul-Session-Szene der deutschen Hauptstadt ein, in der auch die Ruffcats ihre Kreise zogen. Bald wurde man aufeinander aufmerksam, und die etablierten Studio- und Bühnenmusiker taten sich mit dem talentierten Sänger, Rapper und MC zusammen. Ein "Match made in Heaven" sozusagen, wie der tonträgergewordene Afrobeat-Funk-Hybrid "Orile To Berlin" beweist.
Are you all ready for some bad Ronance....or Romance...or Space Opera? Well, it is what it is and this is it. We have Ronan and Crystal and two space races that really...really....really do not want them to be together. What shall they do? Why not call up Sue and Reed, cause they are the poster children of good ideas. I could get all clever and fun, but I am not going to because I have other things to do tomorrow. So instead, I am phoning in and audible from Lady Gaga, and we are going to see what happens. Rah, rah-ah-ah-ah Roma, roma-ma Gaga, ooh-la-la Want your bad romance I want your ugly, I want your disease I want your everything as long as it's free I want your love Love, love, love, I want your love (hey) I want your drama, the touch of your hand (hey) I want your leather-studded kiss in the sand I want your love Love, love, love, I want your love (love, love, love) (I want your love) You know that I want you And you know that I need you I want it bad, your bad romance I want your horror, I want your design 'Cause you're a criminal as long as you're mine I want your love Love, love, love, I want your love I want your psycho, your vertigo shtick (hey) Want you in my rear window, baby, you're sick I want your love Love, love, love, I want your love (love, love, love) (I want your love) I think that all makes sense. I don't know. We also have some merchandise over at Redbubble. We have a couple of nifty shirts for sale. https://www.redbubble.com/people/jeffrickpresent/?asc=u Check out the images at our website: https://jeffandrickpresent.wordpress.com/2024/10/04/ff-21-ronance/ You can also subscribe and listen to us on YouTube! Our show supports the Hero Initiative, Helping Comic Creators in Need. http://www.heroinitiative.org/ Eighties Action by Kevin MacLeod Link: https://incompetech.filmmusic.io/song/3703-eighties-action License: http://creativecommons.org/licenses/by/4.0/ Epic Intro 2015 (Original Very Short)
So-de-licious. Hairy Metal with Dunaway. Tomorrow we Celebrate FREEDOM... Freedom from TMS. Rah! Rah! Wrong team! The Cracks in Tina. Well Pat my Cheese steak. Certified Companions Let It Rip. F Minor Bombs. Tom's got the Vim. killer cords from outer space. Van batting for the other team. Rat-a-too-tees. Sorry Canada. Soda bubbles are devil's farts. They had hair and were a band. Dilated Anus and Euphoric Recommentals and more on this episode of The Morning Stream. Hosted on Acast. See acast.com/privacy for more information.
So-de-licious. Hairy Metal with Dunaway. Tomorrow we Celebrate FREEDOM... Freedom from TMS. Rah! Rah! Wrong team! The Cracks in Tina. Well Pat my Cheese steak. Certified Companions Let It Rip. F Minor Bombs. Tom's got the Vim. killer cords from outer space. Van batting for the other team. Rat-a-too-tees. Sorry Canada. Soda bubbles are devil's farts. They had hair and were a band. Dilated Anus and Euphoric Recommentals and more on this episode of The Morning Stream. Hosted on Acast. See acast.com/privacy for more information.
We're joined by President Ronald Reagan's Budget Director, David Stockman. He tells us what real estate investors and everyday people need to know. Stockman served as Reagan's Director of Office, Management and Budget from 1981 to 1985. He tells us to expect higher inflation and interest rates for longer, maybe even the rest of the decade. Don't expect rate cuts for a long time. The US is moving toward an unsustainable debt situation, with $100T in public debt expected within twenty-five years. We have embedded deficits. Learn why the recession has been postponed. David also reveals what will inevitably pull the trigger to potentially start the recession. Hint: Household budgets. Pandemic stimulus programs gave citizens $3T. Half of it has now been spent. He was also one of the founding partners of Blackstone. David Stockman tells a story about President Reagan's personal touch with him. You can subscribe to David Stockman's Contra Corner for free here. Resources mentioned: David Stockman's Contra Corner For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 For advertising inquiries, visit: GetRichEducation.com/ad Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold Complete episode transcript: Keith Weinhold (00:00:01) - Welcome to our Ivory Coast, Keith Whitehill. There are some dire warning signs for the future of our economy. We're joined by none other than the father of Reaganomics. To break it down with us. Today is late. President Ronald Reagan's budget director joins us. When is this perpetually postponed recession coming? Why? Inflation and high interest rates could carry on for the rest of the decade. And what it all means to your finances and real estate today on get Rich education. Robert Syslo (00:00:34) - Since 2014, the powerful get Rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from past real estate, investing in the best markets without losing your time being a flipper or landlord. Show host Keith Wine, who writes for both Forbes and Rich Dad Advisors and delivers a new show every week. Since 2014, there's been millions of listeners downloads and 188 world nations. He has A-list show guests include top selling personal finance author Robert Kiyosaki. Get Rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener. Robert Syslo (00:01:08) - Phone apps build wealth on the go with the get Rich education podcast. Sign up now for the get Rich education podcast or visit get Rich education.com. Corey Coates (00:01:19) - You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold (00:01:35) - We're going to drive from Glen Burnie, Maryland, to Glen County, California and across 188 nations worldwide. I'm Keith Reinhold, and you're listening to get Rich education. We're going bigger picture this week before we talk to President Reagan's money guy in the white House. Understand that today's guest was also one of the founding partners of Blackstone, and they are in the real estate business. You're going to get a lot of deep, uniquely qualified insights today. And I'll tell you what's going on around here. Lately, things have been feeling awfully presidential between last week's program and now this week's program. Hey. Stars and stripes forever. Semper fi. Rah! Now, as the greatest detonation in the history of the world, how in the heck are we, as the United States, going to keep financing our debt now, you can think of a treasury, also known as a bond, as an IOU, as we take on debt to fund our government spending programs. Keith Weinhold (00:02:42) - Really, what we do is issue then these IOUs to the rest of the world and then down the road. We need to pay back these IOU holders, treasuries, holders, whatever we've borrowed with interest on top of that. That's a really simple way to describe how it works. Think of a Treasury as an IOU. Well, we have $9 trillion in treasuries that need to be rolled over at higher interest rates just this year alone. Okay. Well, how does the market look for that sort of thing? Well, a lot like before you decide to sell a piece of real estate, you would want to know how that buyer's market looks. How is the buyer's market for us selling more treasuries, which is basically us issuing more IOUs? How is that world interest level in our treasuries? Well, this is a time when the world is selling treasuries. We're trying to get rid of them. Well, why would they buy more when we keep printing like crazy, debasing the dollars that they will eventually get their treasuries repaid in down the road? Case in point, China is down to just over 700 billion of treasuries that they're holding. Keith Weinhold (00:04:01) - Well, they were 3 trillion not too long ago, more than four times that Russia and Iran sold all of their treasuries. Other countries are shedding them too, like Japan. It gets even worse than that because the number one holder of our own debt is our own fed. And then it gets even worse than that. Yet, because even our own fed is rolling treasuries off of their balance sheet. So who is going to finance this often irresponsible US spending the 10 trillion or $11 trillion every single year for the next ten years that we have obligations toward already, and it looks like all those are going to be at higher interest rates, too. Now, I am not telling you how to think about us as the United States, for example, sending foreign aid to multiple nations. That's up to you to decide whether it's Ukraine or the Middle East or Taiwan that gets political. And that is beyond the scope of GR. We are an investing show. What I'm saying is that backdrop that I just gave you, that's something that you need to take into consideration, is you weigh those foreign aid decision types. Keith Weinhold (00:05:20) - Speaking of getting worse, do we at least have competent decision makers today? Now, as we'll talk to the father of Reaganomics here shortly, someone that served in an earlier era. Here's a clip from this era that really went viral lately, but it's apropos to play it here. This is Jared Bernstein today. He chairs President Joe Biden's Council of Economic Advisers. How much confidence does this instill? And remember, this guy chairs the economic advisers to today's president. Jared Bernstein (00:05:56) - The US government can't go bankrupt because we can print our own money. Voice (00:06:00) - Like you said, they print the dollar. So why? Why does the government even borrow? Jared Bernstein (00:06:04) - Well, the, so the I mean, again, some of this stuff gets some of the language that the, some of the language and concepts are just confusing. I mean, the government definitely prints money and it definitely lends that money, which is why the government definitely prints money. And then it lends that money by, by selling bonds. Is that what they do? They they, the. Jared Bernstein (00:06:34) - Yeah. They, they they sell bonds. Yeah. They sell bonds. Right. Because they sell bonds and people buy the bonds and lend them the money. Yeah. So a lot of times, a lot of times at least to my year with MMT, the, the language and the concepts can be kind of unnecessarily confusing. But there is no question that the government prints money and then it uses that money to so, yeah, I guess I'm just I don't, I can't really, I don't, I don't get it. I don't know what they're talking about. Keith Weinhold (00:07:08) - Well geez. How's that for clarity and confidence from today's major decision makers on our economy? Gosh. Now, in my opinion, back in 2020, our government, they set up the wrong incentive structure to deal with the pandemic. Remember things like the PGP, the Paycheck Protection Program, remember mortgage loan forbearance and the eviction moratorium. See when that type of aid is given, well, then the result is that citizens don't learn that they need to keep some cash handy, and then that behavior that gets rewarded gets repeated in that behavior is handouts. Keith Weinhold (00:07:53) - And then the expectation for more handouts. 56% of Americans don't even have $1,000 for an emergency expense. Well, see, they're not really incentivized to in the future. If in a crisis, everyone just gets another taxpayer funded handout, but then see those same people that got that handout get hurt in the long run. Anyway, with the longer run inflation that the handout created, don't let there be one day of austerity for the least prepared American, I guess. Instead, bail them out and add on to everyone's debt load, which you know that right there. That seems to be the playbook. Like that is the protocol of the day that is not responsible, in my view. Now, the minutes of the latest fed meeting, they said that some fed officials would be open to raising interest rates if inflation doesn't let up. I mean, that news alone that sent stocks plunging like they were riding the Tower of Terror, giving the Dow its worst day in a while. I'll discuss that more with the father of Reaganomics, David Stockman, today. Keith Weinhold (00:09:01) - It's the kind of episode that can stretch your thinking here. Now, what is Reaganomics? Well, one thing that you should know is that it's committed to the doctrine of supply side economics. You probably heard that term before. And really what that's all about is lowering taxes, decreasing regulation, and allowing free trade and what was called the Reagan budget. That's something that his budget director Stockman expected would help curtail the welfare state. And he gained a reputation as a tough negotiator for that. He lives on the Upper East Side of Manhattan today, and it's kind of funny with macroeconomic discussions. You'll notice something here, the word million, that doesn't even come up that much anymore. It's simply a number that is too small. It is more like billion and trillion. And hey, let's see if the term three orders of magnitude above trillion comes up today. Quadrillion, or even the one after that quintillion. Is that where we're going next? We'll see. before we meet David Simon, I've gotten more questions about something, because the national average bank account pays less than 1% on your savings. Keith Weinhold (00:10:18) - And where do you really get a decent yield on your savings, even beyond the 5% in an online only savings account or a CD, which that does not outpace true inflation? For years now, I've reliably been getting 8%. What I do is keep my dollars in a private liquidity fund. You can do this to your cash generates up to an 8% return. The minimum investment amount is just 25 K, and you keep getting paid until you decide that you want your money back. And the private liquidity fund has a decade plus track record, and they've always paid their investors 100% in full and on time. And I would know this because I am an investor with them myself. So see what it feels like to earn 8%. A lot of other great listeners are any investing involves risk, even dollars at a brick and mortar bank. So to learn more, just text the word family to 66866. Learn more about the liquidity fund. Get 8% interest. Just do it right now while you're thinking about it. Keith Weinhold (00:11:23) - Text family to 66866. Let's meet David Stockman. A Wall Street and Washington insider and Harvard grad. Today's guest is a former two time congressman from Michigan, a prolific author, and he is none other than the man known as the father of Reaganomics. He was indeed President Ronald Reagan's budget advisor. Welcome to the show, David Stockman. David Stockman (00:11:54) - Great to be with you. And, that was a while back. But I think there's some lessons from that time that we would be well advised to try to apply today, that's for sure. Keith Weinhold (00:12:05) - Well, it's an illustrious title that you'll never shake. It's a pleasure to have you here. And David is a real estate investing show. At times we need to step back and look at the bigger picture. And now on the economy, one seems to get a different answer depending on who they speak with. You have a highly qualified opinion. What do both investors and citizens need to know today about the condition of the American economy? David Stockman (00:12:29) - I don't think the outlook is very promising, but I think it's important to understand what that means for real estate investors, because the fact is, if you're in real estate and I know many of your listeners or viewers are very knowledgeable and sophisticated, there's really two ways to look at real estate. David Stockman (00:12:49) - One is as a property that generates a flow of cash or income that is highly reliable, and that you can count on and produces a rate of return on the invested capital that's attractive. That's one way. The second way is that if you invest at the right time, when perhaps interest rates are falling and therefore multiples or cap rates are becoming more attractive and property values are rising rapidly, mainly because of easy money and lower interest rates, then there's a huge opportunity for capital gains. As another way of generating return on capital. But those are two obviously very different tracks. The capital gains route by old invest, improve flip flop the gain and move on or the, you know, income based rent and earnings based, approach to property. Now, I think the reason I went through this is pretty elementary, of course, is that the macro environment is very different between the first strategy and the second strategy. And therefore, the important thing to understand about the macro environment is which environment are you in and is it conducive to strategy a the income strategy or b the capital gains strategy? I would say right now we're totally in an incomes strategy environment, the first route. David Stockman (00:14:34) - And that's because as we've gone through several decades of easy money, of rapidly rising asset values, of ultra low interest rates, very high multiples, in terms of property values to income that has generated trillions and trillions of capital gains for smart real estate investors. But I think we're out of that environment, and we're in an environment now where we're stuck with massive public debt and deficits. We're stuck with a, central bank that is, basically painted itself into a corner, created so much fiat credit, generated so much liquidity into the economy that now it will be struggling with inflation for years to come. Which means, notwithstanding Wall Street's constant belief that rate cuts are coming tomorrow, there won't be rate cuts for a long time to come. And what we're facing, therefore, there is likely higher rates for longer. A environment in which property values are flat if not declining, and therefore the capital gains route is not going to work very well. But if you have good properties with good tenants and good cash flows and, rental flows, real estate mine works out pretty well. David Stockman (00:16:05) - But you have to understand the macro environment. And that's one of the things that I work on daily when I, publish my daily newsletter, which is called, David Stockman's Contra Corner. Keith Weinhold (00:16:19) - You can learn more about Contra Corner, David's blog, before we're done today. David, you have a lot of interesting things to say. There we are in this environment where rates have been higher, longer. It sounds like you believe that is going to continue to be the. Case is rate cuts will be postponed is a little more difficult question. It's some crystal ball stuff. But can you tell us more about that? What can we expect for inflation in interest rates for the rest of this 2020s decade, which has about six years to go? David Stockman (00:16:48) - There's going to be high rates for most of this decade because we have so much inflation and excess demand built into the economy. We really went overboard, especially after 2020 with the pandemic lockdowns and then these massive stimulus program, something like $6 trillion of added stimulus, was injected into the economy in less than 12 months. David Stockman (00:17:16) - That created a undertow of inflation that is still with us. And despite all the hopeful commentary that comes from Wall Street, if you look at it year to date, I don't look at just the CPI because the headline number is somewhat volatile and can be pushed and pulled a lot from a month to month based on nonrecurring conditions. But if you look at something called the 16% trimmed mean CPI, it's just the same CPI, but it takes out the lowest 8%, the highest 8% of price observations each month out of the thousands in the market basket. What it does is basically takes the extreme volatility out of the top and the bottom, and gives you a trend that is more reliable if you're looking like on a quarter by quarter or year by year or even multi year basis, well, I mentioned this is important because the trim means CPI is still running at about 4.3% during the first four months of this year to date. That's not a victory over inflation. That's double what the fed says his target is. And frankly, the Fed's target is a little bit phony. David Stockman (00:18:35) - I mean, what's so great about 2% inflation if you're a saver and your savings are, you know, shrinking by 30% over the course of a decade, so they're going to have a tremendous wrestling match with inflation, not just for a few more months, but I think for several more years in this decade, I don't see the federal funds rate, which is kind of the benchmark rate for overnight money coming down below 5% very soon, or if at all. And that's because with inflation running at 4% or better, if you have a 5% money market rate, you're barely getting a return on capital, especially if you factor in taxes. You know, it's like it's a rounding error and that doesn't work over time. I mean, you're not going to get long term savings. You're not going to get long term capital investment. If the return is after inflation and taxes are either non-existent or negative, as they've been for quite a while. So even though everybody would like to hope we're going back to the good old days of 0% over 90 money or 1% money, which they got so used to over the last couple of decades. David Stockman (00:19:55) - It was bad policy. It wasn't sustainable. It caused a huge amount of bubbles and distortions in our economy. But once we finally got to the end of that in March 2022, when the fed had to finally pivot and say, yeah, inflation isn't transitory, it's, embedded, we got to do something about it. People think we're going right back to where we were, and that's the key thing to understand. We are not going right back to where we were, in part because of all this inflation business I've talked about, but also in part because they got so used to borrowing money on Capitol Hill and practically zero interest rates that they are now, you know, they have built in deficits of 2 trillion or more a year. And, we are going to be pushing into the bond pits, massive amounts of new government debt. There's no consensus to do anything about it. You know, if the Republicans talk about reforming the entitlements, the Democrats say you're throwing grandma out the snow. If the Democrats talk about raising revenue, the Republicans talked about, you're going to get slaughtered with higher taxes. David Stockman (00:21:12) - And then everybody's for more wars and more defense and the bigger and bigger national security budget. And that's all she wrote. If you don't do with revenue, you don't do it national defense and entitlements. The rest of it is rounding errors. And so we're stuck with these massive additions to the debt. Now, everybody knows the public debt. Is 34 trillion. Ready? Yeah. What I'd say they don't understand is that by the end of this decade, you ask about the decade, right? Will we close to 60 trillion of debt. And, if you look at the last CBO, projection they do every year at long term projection, and CBO actually is more optimistic than it is warranted in any way. In other words, their long term assumptions I call rosy scenario. There's no more recessions for the next couple of decades. Inflation is well-behaved, interest rates stay low. Full employment lasts indefinitely and forever. Well, this doesn't happen. Look at the real world. Over the last 20 or 30 years, we've been all over the lot. David Stockman (00:22:18) - So if you look at the CBO forecast, which is I'm just saying here is exceedingly optimistic. They never are the less are projecting that the public debt and they don't even write this number down in their report because it's too scary, will be $100 trillion before the middle of this century. Keith Weinhold (00:22:41) - That's a. David Stockman (00:22:42) - Trillion. Yeah. Now, if you ask people today who are market savvy, I like a lot of your viewers. Where are the Treasury bills, notes and bonds today? Well, if you average it all out, it's about 5%. I don't think it's going to come down much. It'll vary a little bit up and down over time, but let's just say it stays at 5%. That means the carry cost of the public debt of a couple decades will be 5 trillion a year. The interest okay. It's staggering. That's almost as much as the whole federal budget is spending this today at, you know, about 6.6 6.7 trillion. So that's where we're heading, a massive debt crisis because they built in a structural deficit that the politicians and I call it the unite party. David Stockman (00:23:33) - They fight about silly things, but they agree on the big things which are leading to this outcome. The unit party has no ability to do anything about this structural deficit or the march from the 34 trillion that we're at today to 60 trillion by the end of the decade, and 100 trillion of public debt by mid-century. Now, for a real estate investor, that's probably the most important number you're going to hear. You know, at least this week or maybe this month or even this year, because what it means is that the amount of new government debt flowing into the bond pits, that'll have to be financed and that can't be monetized by the fed anymore because there's too much inflation, is going to put constant, enormous pressure upward on interest rates. And of course, higher interest rates mean lower property values. That's just basic real estate math. That's the environment we're heading into, which means good properties with good income and good rental flows are really the only way to go. Keith Weinhold (00:24:55) - Yeah, well, there's an awful lot there. Keith Weinhold (00:24:57) - And with this persistent higher inflation that you expect, the way I think about it is the higher the rate of inflation, the more that moves a person's dollars out of a savings account and instead out onto the risk curve. Well, David alluded to a problematic economy. We're going to come back and talk about more of those warning signs and what you can do about it. You're listening to Get Resuscitation, the father of Reaganomics and Ronald Reagan's budget director, David Stockman, I'm your host, Keith Reinhold. Role under this specific expert with income property, you need Ridge Lending Group and MLS for 256 injury history from beginners to veterans. They provided our listeners with more mortgages than anyone. It's where I get my own loans for single family rentals up to four Plex's. Start your pre-qualification and chat with President Charlie Ridge. Personally, they'll even customize a plan tailored to you for growing your portfolio. Start at Ridge Lending group.com Ridge lending group.com. Speaker 7 (00:26:06) - This is author Jim Rickards. Listen to get Rich education with Keith Reinhold and don't quit your day dream. Keith Weinhold (00:26:23) - Welcome back to Get Ready. So we're talking with the father of Reaganomics. His name is David Stockman, President Reagan's budget advisor. David, you've been talking about a problematic economy and places we can look and the outcomes that that can create. Why don't we talk about some more of those where we're here in a period where we feel like it's an official recession postponed, for example, are there other places that we should be looking? Is it the sustained inverted yield curve that we had for almost two years, the longest one ever, and a Great Recession predictor? Or is it that we're on the precipice of implosion from a debt to GDP ratio that's at 122%. It actually spiked to 133% when Covid first hit. Or for example, is it something and you've already touched on it a bit, is it more of that federal spending on our debts, interest payments alone each year, which had almost $900 billion for that interest line item that now even exceeds the massive $800 billion that we spend each year on national defense, or should we be looking at somewhere else? So what's out there that's really problematic and what's overblown? David Stockman (00:27:28) - Okay. David Stockman (00:27:29) - That's great. And all of those things you mentioned you should be looking at, it depends on your time frame. But I think on the initial question, where is this postponed recession? Why hasn't that happened? The place to look is somewhere that I think most Wall Street analysts aren't focused on, but they should be. And that's a series published by the Federal Reserve that tracks household balance sheets, in other words, liabilities and assets. But there's a particular series that I think is critically important to look at, and it's basically bank deposits, checking account savings accounts plus money market funds. This is all the liquid cash accounts of the household sector, not long term investments in real estate or stocks or bonds, but the short term money. It's the spendable money that households have now, what happened during the pandemic and lockdowns. And then the 6 trillion Is stems that were injected into the economy, like some kind of fiscal madness was going on in Washington, created a total aberration in the amount of cash in the economy, in the household sector, in these accounts that I just mentioned, normally right before the lockdown started and the stimulus was injected, you know, the level of cash accounts was about 12 trillion. David Stockman (00:29:00) - Within two years it was up to 18 trillion. And normally that cash balance grows about the same rate as the economy. In other words, as incomes go up, people save a small share of their income that goes into various bank accounts. There tends to be a lock step relationship. But what happened during that two year period was there was so much extra cash sent out to the households with the $2,000 checks in the $600 a week extra stimulus money, and then the, trillions that went, you know, for things like the Small Business Administration loan program, which was all forgivable, was about almost upwards of $1 trillion. You know, we could itemize all the others. But this enormous government, unusual cash flow into the economy added to these bank accounts enormously. And then something else happened. The geniuses in Washington, led by Doctor Fauci, decided to shut down half of the service sector, the economy. I'm talking with restaurants and bars and gyms, malls and movies and and all the rest of it. David Stockman (00:30:09) - So all of a sudden, the normal money that people would have been spending on the service venues, which is a big part of total spending, was stopped. It was kind of forced into artificial savings, sort of government mandated savings. Now, if you put the two together, there was about 2 trillion, extra transfer payments sent out to the public during that two year period. And there was a little over a trillion of normal service spending, restaurants in, etc. that didn't happen because there was a closed sign on the door, compliments of Doctor Fauci, or people were scared to death to go out because, you know, they created all this fear that Covid was some form of black death, which it really wasn't for 95% of the population. In any event, if you put the extra free stuff from the government, 2 trillion and the for savings because of these lockdowns, trillion, you have 3 trillion of unusual cash that flowed into the economy on top of the normal production. Income and profits and spending that would have otherwise gone on. David Stockman (00:31:26) - Now that 3 trillion temporarily ended up in this account, that I'm just talking about the cash balances of the household sector and its peak, there was about 2.8 trillion extra compared to what would been be the normal case in a regular economy. In a normal economy, that money has been slowly spent down by the household sector, even as the fed has tried to put the screws to the economy. In other words, there was so much extra cash in the system that even as the fed raised interest rates from 0 to 5% and did their darndest to slow things down, all of that excess that was built up during the pandemic period was available to spend. It was spent. And here's the key point. About half of it is now been spent. In other words, there's only about a trillion and a half of the nearest 3 trillion left. Now that is what's delayed the recession. If that big, massive 3 trillion nest egg had been there and the fed began to push rates up as it normally did in a normal cycle, we would have been in recession months ago. David Stockman (00:32:41) - But what has delayed or deferred the recession is this, cushion, this huge macro piggybank of cash that the government inadvertently or adversely is the case may be generated, during the pandemic period. So that's new. See that? Nobody looks at that because normally it's not a factor. You know, the cash balances are a pretty, prosaic, neutral part of the economy. They're not where you look for the leading edge of where the cycle was going or where new developments may turn up tomorrow. But this time, because of this total aberration of what happened to government transfer payments plus the lockdowns, we have a, X factor, let's call it in the macro picture that is confusing people. It's leading a lot of people to abdicate this no landing scenario. In other words, you know, there's not going to be a recession. We're just going to go on to bigger and better things. And, the fed will get inflation under control and then we can be back to happy times again. No, they're missing. David Stockman (00:33:56) - The elephant in the room is this massive aberrational unusual one time cash balance that was, generated by these policies. And that still has a little ways to go now. I think at the rate it's being run down, you can almost calculate it a couple hundred billion dollars, a quarter sometime next year, all of that extra cash will be out of the system. And then people will be back to spending only what they're earning. And frankly, earnings they're not. I'm talking about wage and salary earnings, are advancing barely at the inflation rate at the present time. So when we get back to about zero real growth in earnings, we're going to finally see the recession. Keith Weinhold (00:34:45) - I think one of the big takeaways here is that all these artificial economic injections really take time to unwind. David Stockman (00:34:56) - Exactly. You have to look at, you know, they always say, well, when the government changes policy, fiscal policy, you tighten or you loosen or monetary policy they raise or lower interest rates. They got QE or they got cute putting money in or taking money out that there's lag and lead times in all of this. David Stockman (00:35:18) - The problem is, none of the great economic gurus who talk about this really know whether the lag time is 12 months, 25 months, 50 or 5, and it varies. I mean, the circumstance has changed so much in a world GDP of 104 trillion, a domestic economy with 28 trillion of GDP, and all the complex factors that are moving back and forth in today's world, especially as it's enabled by technology and global trade and the internet and all the rest of it, nobody knows the lag times. And as a result, it's very hard to predict when the, brown stuff is going to hit the fan, so to speak. On the other hand, you don't have to know the exact date. You really need to understand the direction, the flow of things. And if you're in an environment that isn't sustainable because you're borrowing like crazy or interest rates or artificially. Low or stock price multiples are way the L2 ie or cap rates on real estate or you know, abnormally low. Then what you have to say is we're going to a different state. David Stockman (00:36:35) - It's not going to be as conducive as the current state, and we have to be prepared for it, even if we are not sure whether that's 12 months from now or 24 months. But it's going to change. So one thing you can be sure of, there is a famous economist back in my day when I worked on Capitol Hill earlier on, he was Nixon's chief economic adviser in the early 70s. And he famously formulated an aphorism, I guess, which said anything that is unsustainable tends to stop. Okay, that's what I know about the lag times. We're in unsustainable financial, fiscal and monetary environment. And the trends that it has given rise to are going to stop and and not in a good way. Keith Weinhold (00:37:24) - He even fed Chair Jerome Powell has confessed as much as that. This situation is indeed unsustainable, the exact word that he used. Well, David, this has been great in winding down as Ronald Reagan's budget director. Can you share any anecdote, story or quote from you spending time personally with Ronald Reagan? And the reason I ask is because he is perhaps the most revered president of the past few generations. Keith Weinhold (00:37:52) - That might mean a lot to our listeners here. David Stockman (00:37:54) - He should be revered, and not only because he was a great president and a great communicator, and did a lot of important things in policy. Some of them got implemented, and a lot of them were frustrated by Washington and the politicians and the Democrats and everybody else. But also, he was a great human being. And my story about that was when I was budget director, in the fifth year of the Reagan administration, we had our first child, and my wife was in the hospital. At that point in time, President Reagan was in Europe on a very important big international, series of meetings. But, somebody in the white House told him that our daughter had been born. And so he took the time out of his schedule for a call from Germany, the hospital where my wife was, and said he would like to talk to her and, congratulate us on our new arrival. But my wife was in a room with another, a new mother. David Stockman (00:38:53) - She the other person answered the phone and she said to my wife, there's some joker on the phone with President Reagan. And sure enough, he was there. and he took the time to congratulate my wife. And, so that's the kind of, person he was. He really was a great human being. Keith Weinhold (00:39:13) - Wow. Yeah. That really shows that he can still be warm and heartfelt, even while doing some key international negotiations there. Potentially. Well, we mentioned it earlier. I can tell you, the audience, that David is a regular author and contributor to his Contra Corner blog and letter, and you can get access to that for free. This is information coming from the father of Reaganomics to you. If you think you would find it a value. David, tell us how our audience can connect with you there. David Stockman (00:39:44) - Just Google David Stockman Contra corner I publish, I have a website, issues a newsletter every day. It comes automatically in the email. I also have a Substack version. You can sign up for either one, the email from my site or from Substack. David Stockman (00:40:02) - And every day we try to publish something on these issues that we've been talking about. One day it might be Wall Street, another day it might be Capitol Hill, another day it might be, you know, the war in Ukraine. All of these things matter. All of these things influence the environment that investors have to function in. So we try to comment on a variety of those issues based on, you know, the long experience that I've had, both not only in Washington, but also I was on Wall Street, for about 20 years. I was one of the founding partners of Blackstone, for instance. And we were in the real estate business in a major way, even then. Keith Weinhold (00:40:44) - Well, we absolutely love that. And I sure am appreciative of your time. It was great connecting with you. And thanks for being on the program today, David. David Stockman (00:40:53) - Very good. Enjoyed it. Keith Weinhold (00:41:01) - Yeah. Deep insights from the father of Reaganomics. Stockman thinks we'll be struggling with inflation for years to come. Keith Weinhold (00:41:08) - There won't be rate cuts for a long time. He sees real estate values as flat or declining, so have good tenants with steady income streams. Of course, in our favoured real estate segment here, residential 1 to 4 units where you can get 30 year fixed rate debt. Higher mortgage rates tend to correlate with higher prices, just like it has for the last three years and almost every period before that too. But there could be more pain for the commercial sector then, and assets that are tied to floating rate debt. And if you're aligned with David Stockman on that, you might want to look at your helocs, because after a fixed rate period, their rates tend to float along with the fed funds rate. So be cautious with Helocs and ask David for specifics. He doesn't see the federal funds rate coming down below 5% anytime soon, and you probably know that is the interest rate that a whole bunch of other interest rates are based off of. And that rate is currently at about 5.3%. By the way, there is projected to be more than 100 t more than $100 trillion of public debt before the middle of this century. Keith Weinhold (00:42:22) - That's less than 25 years away. I mean, these figures just become unfathomable sometimes. Pandemic wrought inflation that really occurred due to this greater supply of dollars that was introduced chasing a reduced supply of goods. And there were fewer goods because people got paid to stay at home not producing anything. Plus, what had been produced often could not be shipped either. David discussed the 16% trimmed mean CPI, and I've got to say, as much as I am a student devotee in studying inflation, I had never heard of that from his vantage point to find recession signs, look at household balance sheets and what's delayed the recession is that those pandemic measures put an extra 3 trillion bucks into households, and households still have about 1.5 trillion left to spend, which could further delay a recession. He projects that it's sometime next year that all of that extra cash will be out of the system. When you talk to how many people got this recession predictions so horribly wrong? Back in October 2022, Bloomberg Economics forecast a 100% chance of a recession by the following fall, which is almost a year ago now. Keith Weinhold (00:43:48) - Well, a 100% chance that left no room for anything else to happen. And they really whiffed on that one. Now, you know, I've got to add something here. A personal note if I can, but I'll give you a lesson along with it. And that is that at times like today, where I found myself one degree of separation from one of the most revered presidents in all of American history, I sometimes have some difficulty understanding how I keep having the opportunity to share time with people like today's guest. Now, I'm certainly not a PhD economist. And in fact, on the flip side, I've also never been a person that's been so poor and destitute that I was dying of hunger. But I do come from a modest place. When I flew the coop and left my parents home, I rented my first pathetic place to live a $325 a month pool house in the back of my landlord's property at 852 Spruce Avenue in Westchester, Pennsylvania. Yeah, a pathetic little pool house right next to the landlord's swimming pool. Keith Weinhold (00:45:04) - I mean, I was living really pathetically there for a while as I was struggling just to do things like find gainful employment and figure out the world and find a steady income. Yeah, it was 325 a month plus electric and the one small heater that was there, it was electric and it was really expensive to run. And on the coldest days, it wouldn't even adequately heat my pathetic little pool house that I ended up living in for 18 months. And just because I couldn't figure a way out of that situation for a while, I mean, I was too ashamed to ever bring a girl back there to that sad pool house. It was just one sink for the whole place. Combined kitchen and bathroom sink in the bathroom. I mean, most of my friends, they got their driver's license at age 16 and they soon had their own car. I didn't own a car until I was aged 22 or 23, and it's not because I lived in an urban area and walked. Everywhere use public transit there in Pennsylvania. Keith Weinhold (00:46:02) - It just took me a long time to afford a beater car and pay for insurance. I really needed a car and couldn't afford one. So really my point here is that sometimes I have to wonder how I got here from there. And I think what it is is taking an interest in real estate and investing. And despite just having a humble bachelor's degree in geography, it's really about becoming an autodidact, meaning self-taught. And it's easy to teach yourself when you find what interests you. And let me point to two other things besides adopting an auto didactic ethic to help me turn the corner into being in a place where I can have conversations like the one that I've had today. It was getting around aspirational friends. Like I've mentioned before, that showed me how I can start with a bang buy with little money. On my first home, I could put a 3.5% down payment on a fourplex, live in one unit and rent out the other three. And I will give myself some credit for doing those things. And then really, the third thing is that stroke of luck element, like just 4% of world inhabitants have been. Keith Weinhold (00:47:15) - I was one of that 4% that was born in the United States. And then I had two great, married, stable, supportive parents to cultivate the right environment for me. And well, today was just one of those days where I sort of nudged myself and I'm glad that it happened. Most importantly, I trust that you got value from today's show and that you do every single week here. Check out David Stockman's Contra Corner. Next week, we'll look for signs of distress in real estate as we delve inside the foreclosure market and how you can find discounted deals there. Until then, Idaho's Keith Wayne hold don't quit your day trip. Speaker 8 (00:48:02) - Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get Rich education LLC exclusively. The. Keith Weinhold (00:48:30) - The preceding program was brought to you by your home for wealth building. Keith Weinhold (00:48:34) - Get rich education.com.