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Hasan sits down with Ambassador Rahm Emanuel to talk about where the Democrats need to go, whether he’s the guy to take them there, and to ask if he actually helped created AOC. Take the online quiz and introduce Ollie to your pet. Visit https://www.ollie.com/hasan today for 60% off your first box of meals! #ToKnowThemIsToLoveThem Co-Creator & Executive Producer: Hasan MinhajCo-Creator & Executive Producer: Prashanth VenkataramanujamExecutive Producer/Director: Tyler BabinExecutive Producer/Showrunner: Scott VroomanCinematographer: Austin MoralesProducer: Kayla FengAssociate Producer: Annie FickEditor: Will FeinsteinEditor: N/V MooreTalent Coordinator: Tanya SomanaderExecutive Assistant: Samuel PilandSee omnystudio.com/listener for privacy information.
Founder of the Raising Capitalists Foundation and previous co-host of The Real Estate Guys Radio show, Russell Gray, joins Keith to discuss the historical and current devaluation of the U.S. dollar, its impact on investors, and the broader economic implications. Gray highlights how the significant increase in interest rates has trapped equity in properties and affected development. He explains the shift from gold-backed currency to paper money, the role of the Federal Reserve, and the impact of the Bretton Woods Agreement. Gray emphasizes the importance of understanding macroeconomic trends and advocates for Main Street capitalism to decentralize power and promote productivity. He also criticizes the idea of housing as a human right, arguing it leads to inflation and shortages. Resources: Connect with Russell Gray to learn more about his "Raising Capitalists" project and his plans for a new show. Follow up with Russell Gray to get a copy of the Beardsley Rummel speech transcript from 1946. follow@russellgray.com Show Notes: GetRichEducation.com/558 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.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 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”. For advertising inquiries, visit: GetRichEducation.com/ad 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 Complete episode transcript: Automatically Transcribed With Otter.ai Keith Weinhold 0:01 Welcome to GRE. I'm your host. Keith Weinhold, what's the real backstory on why we have this thing called the dollar? Why it keeps getting debased? What you can do about it and when the dollar will die? It's a lesson in monetary history. And our distinguished guest is a familiar voice that you haven't heard in a while. Today on get rich education. Mid south home buyers, I mean, they're total pros, with over two decades as the nation's highest rated turnkey provider, their empathetic property managers use your ROI as their North Star. So it's no wonder that smart investors just keep lining up to get their completely renovated income properties like it's the newest iPhone. They're headquartered in Memphis and have globally attractive cash flows and A plus rating with a better business bureau and now over 5000 houses renovated. There's zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate, while their average renter stays more than three and a half years. Every home they offer has brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter. Remember that part and in an astounding price range, 100 to 180k I've personally toured their office and their properties in person in Memphis, get to know Mid South. Enjoy cash flow from day one. Start yourself right now at mid southhomebuyers.com that's mid south homebuyers.com Russell Gray 1:54 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 2:10 Welcome to GRE from St John's Newfoundland to St Augustine, Florida and across 188 nations worldwide. I'm Keith weinholden. You are inside get rich education. It's 2025. The real estate market is changing. We'll get into that in future. Weeks today. Over the past 100 years plus, we've gone from sound money to Monopoly money, and we're talking about America's currency collapse. What comes next and how it affects you as both an investor and a citizen. I'd like to welcome in longtime friend of the show and someone that I've personally learned from over the years, because he's a brilliant teacher, real estate investors probably haven't heard his voice as much lately, because until last year, he had been the co host of the terrific real estate guys radio show for nearly 20 years. Before we're done today, you'll learn more about what he's doing now, as he runs the Main Street capitalist platform and is also founder of the raising capitalists foundation. Hey, it's been a few years. Welcome back to GRE Russell Gray. Russell Gray 3:19 yeah, it's fun. I actually think it's been maybe 10 years when I think about it, I remember I was at a little resort in Mexico recording with you, I think in the gym. It was just audio back then, no video. Keith Weinhold 3:24 Yeah, I remember we're trying to get the audio right. Then I think you've been here more recently than 10 years ago. But yeah, now there's this video component. I actually have to sit up straight and comb my hair. It's ridiculous. Well, Russ, you're also a buff of monetary history. And before we discuss that, talk about the state of the real estate market today, just briefly, from your vantage point. Russell Gray 1 3:55 I think the big story, and I'm probably not telling anybody anything they don't know, but the interest rate hike cycle that we went through this last round was quite a bit more substantial, I think, than a lot of people really appreciated, you know. And I started talking about that many years ago, because when you hit the zero bound and you have 6,7,8, years of interest rates below half a point, the change when they started that interest rate cycle from point two, 525 basis points all the way up to five and a quarter? That's a 20x move. And people might say, well, oh, you know, I go back to what Paul Volcker did way back in the day, when he took interest rates from eight or nine to 18. That was only a little bit more than double. Double is a far cry from 20x so we've never seen anything like that. Part of the fallout of that, as you know, is a lot of people wisely, and I was on the front end of cheerleading This is go get those loans refinanced and lock in that cheap money for as long as possible, because a loan will actually become an asset. The problem is, when you do that, you're kind of married to that property. Now it's not quite as bad. As being upside down in a property and you can't get out of it, but it's really hard to walk away from a two or 3% loan in a Six 7% market, because you really can't take your same payment and end up getting more house. And so that equity is kind of a little bit trapped, and that creates some opportunities, but I think that's been the big story, and then kind of the byproduct of the story. Second tier of the story was the impact it had on development, because it made it a lot harder for developers to develop, because their cost of funds and everything in that supply chain, food chain, you marry that to the 2020, COVID Supply Chain lockdown and that disruption, which, you know, you don't shut an economy down and just flick a switch and have it come back on. And so there's all of that. And then the third thing is just this tremendous uncertainty everybody has, because we just went from one extreme to another. And I think people, you know, they don't want to, like, rock the boat, they're going to kind of stay status quo for a little bit, whether they're businesses, whether they're homeowners, whether they're anybody out there that's thinking about moving them, unless life forces you to do it, you're going to try to stay status quo until things calm down. And I don't know how close we are to things calming down. Keith Weinhold 6:13 One word I use is normalized. Both the 30 year fixed rate mortgage and the Fed funds rate are pretty close to their long term historic average. It just doesn't feel that way, because it was that rate of increase in 2022 that caught a lot of people off guard, like you touched on Well, Russ, now that we've talked about the present day, let's go back in time, and then we'll slowly bring things up to the present day. The dollar is troubled. It's worth perhaps 3% of what it was 100 years ago, but it's still around since it was established in the Coinage Act of 1792 and it's still the world reserve currency. In fact, only three currencies have survived longer than the dollar, the British pound, the Japanese yen and the Swiss franc. So talk to us about this really relentless debasement of the dollar over time, including the creation of the Fed and the Bretton Woods Agreement and all that. Russell Gray 7:09 That's a big story, as you know, and I always like to try to break it down a little bit. One of my specialties I'd like to believe, is I speak macro and I speak Main Street. And so when I try to break macroeconomics down, I start out with, why do I even care? I mean, if I'm a main street investor, why do I even care? In 2008 as you know, is a wipeout for me. Why? Because I didn't think anything had happened in the macro I didn't think Wall Street bond market. I didn't think that affected me. One thing I really cared about was interest rates. And I had a cursory interest in the bond market. We just try to figure out where interest rates were going. But for the most part, I thought, as a main street real estate investor, I was 100% insulated. I couldn't have been more wrong, because it really does matter, because the value of the dollar, in other words, the purchasing power of the dollar, and usually you refer to that as inflation, right? If inflation is there, the dollar is losing its purchasing power, and so the higher the inflation rate, the faster you're losing that purchasing power. And you might say, well, maybe that matters to me. Maybe it does. But the people who make the money available to the mortgage community, right to the real estate community to borrow that comes out of the bond market. And so when people go to buy a bond, which is an IOU, they're going to get paid back in the currency that they lent in, in this case, dollars. And if they know, if they're making a long term investment in a long term bond, and they're going to get paid back in dollars, they're going to be worth a whole lot less when they get them back. One of the things they're going to want is compensation for that time risk, and that's called higher interest rates. Okay, so now, if you're a main street investor, and higher interest rates impact you, now you understand why you want to pay attention. Okay, so let's just start with that. And so once you understand that the currency is a derivative of money, and money used to be you mentioned the Coinage Act Keith money, which is gold, used to be synonymous with the dollar. The dollar was only a unit of measure of gold, 1/20 of an ounce. It was a unit of measure. So it's like, the way I teach people is, like, if you had a gallon of milk and you traded, I'm a farmer, and I had a lot of milk, and so everybody decided they were going to use gallons of milk as their currency. Hey, where there's a lot of gallons of milk. He's got a big refrigerator. We'll just trade gallons of milk. Hey, Keith, I really like your beef. I you know, will you sell me some, a side of beef, and I'll give you, you know, 100 gallons of milk, you know, like, Oh, that's great. Well, I can't drink all this milk, so I'm going to leave the milk on deposit at the dairy, and then later on, when I decide I want a suit of clothes, I'll say, well, that's 10 gallons of milk. So I'll give the guy 10 gallons of milk. So I just give him a coupon, a claim, a piece of paper for that gallon of milk, or 20 gallons of milk, and he can go to the dairy and pick it up, right? And so that's kind of the way the monetary system evolved, except it wasn't milk, it was gold. So now you got the dollar. Well, after a while, nobody's going to get the milk. They don't care about the milk. And so now. Now, instead of just saying, I'll give you a gallon of milk, you just say, well, I'll give you a gallon. And somebody says, Okay, that's great. I'll take a gallon. They never opened the jug up. They never realized the jug is empty. They're just trading these empty jugs that used to have milk in them. Well, that's what the paper dollar is today. It went from being a gold certificate payable to bearer on demand, a certain amount of gold, a $20 gold certificate, what looks exactly like a $20 FEDERAL RESERVE NOTE. Today they look exactly the same, except one says FEDERAL RESERVE NOTE, which is an IOU backed by nothing, and the other one said gold certificate, which was payable to bearer on demand, real money. So my point is, is he got money which is a derivative of the productivity, the beef, the soot, the milk, whatever, right? That's the real capital. The real capital is the goods and services we all want. Money is where we store the value of whatever it is we created until we want to trade it for something somebody else created later. And it used to be money and currency were one in the same, but now we've separated that. So now all we do is trade empty gallons, which are empty pieces of paper, and that's currency. So those are derivatives, and the last derivative of that chain is credit. And you had Richard Duncan on your show more than once, and he is famous for kind of having this term. We don't normally have capitalism. We have creditism, right? Everything is credit. Everything is claims on wealth, but it's not real wealth, and it's just when we look at what's going on with our current administration and the drive to become a productive rather than a financialized society, again, as part of this uncertainty that everybody has. Because this is not just a subtle little adjustment on the same course. This is like, No, we're we're going down a completely different path. But fundamentally, your system operates on this currency that is flowing through it, like the blood flowing through your body. And if the blood is bad, your body's sick. And right now, our currency is bad, and so it creates problems, not just for us, but all around the world. And now we're exacerbating that. And I'm not saying it's bad. In fact, I think it's actually it's actually good, but change is what it is, right? I mean, it can be really good to go to the gym and work out before we started recording, you talked about your commitment to fitness, and that if you stop working out, you get unfit, and it's hard to start up again. Well, we've allowed our economy to get very unfit. Now we're trying to get fit again, and it's going to be painful. We're going to be sore, but if we stick with it, I think we can actually kind of save this thing. So I don't know what that's going to mean for the dollar ultimately, or if we end up going to something else, but right now, to your point, the dollar is definitely the big dog still, but I think it's probably even more under attack today than it's ever been, and so it's just something I think every Main Street investor needs to pay attention to. Keith Weinhold 12:46 And it was really that 1913 creation of the Fed, where the Fed's mandates really didn't begin to take effect until 1914 that accelerated this slide in the dollar. Prior to that, it was really just periods of war, like, for example, the Civil War, where we had inflation rise, but then after wars abated, the dollar's strength returned, but that ceased to happen last century. Russell Gray 13:11 I think there's a much bigger story there. So when we founded the country, we established legal money in the Coinage Act of 1792 we got gold and silver and a specific unit of measure of gold, a specific unit, measure of silver was $1 and that's what money was constitutionally. Alexander Hamilton advocated for the first central bank and got it, but it was issued by Charter, which meant that it was operated by the permission of the Congress. It wasn't institutionalized. It wasn't embedded in the Constitution. It was just something that was granted, like a license. You have a charter to be able to run a bank. When that initial charter came up for renewal, Congress goes, now we're not going to renew it. Well, of course, that made the bankers really upset, because bankers have a pretty good gig, right? They get to just loan people money. They don't have to do any real work, and then they make money on just kind of arbitraging, you know, other people's money. Savers put their money in, and they borrowed the money out, and then they with fractional reserve, they're able to magnify that. So it's, it's kind of a cool gig. And so what happened? Then he had the first central bank, so then they got the second central bank, and the second central bank was also issued by charter this time when it came up for renewal, Congress goes, Yeah, let's renew it, right? Because the bankers knew we got to go buy a few congressmen if we want to keep this thing going. But President Andrew Jackson said, No, not going to happen. And it was a big battle. Is a famous quote of him just calling these bankers a brood of vipers. And I'm going to put you down. And God help me, I will, right? I mean, it was like intense fact, I do believe he got shot at one point. I think he died from lead poisoning, because he never got the bullet out. So, you know, when you go to up against the bankers, it's not pretty, but he succeeded. He was the last president that paid off all the debt, balanced budget, paid off all the debt, and we got kind of back on sound money. Well, then a little while later, said, Okay, we're going to need, like, something major, and this would. I should put on. I got my, this is my hat, right now, I'll kind of put it on. This is my, my tin foil hat. Okay? And so I put this on when I kind of go down the rabbit trail a little bit. No, I'm not saying this is what happened, but it wouldn't surprise me, right? Because I know that war is profitable, and so sometimes, you know, your comment was, hey, there's the bank, and then there was, you know, the war, or there's the war, then there's a bank, which comes first the chicken or the egg. I think there's an article where Henry Ford and Thomas Edison went to Congress. I think it was December. The article was published New York Tribune, December 4. I think 1921 you can look it up, New York Tribune, front page article Keith Weinhold 15:38 fo those of you in the audio only. Russ started donning a tin foil looking hat here about one minute ago. Russell Gray 15:45 I did, yeah, so I put it on. Just so fair warning. You know, I may go a little conspiratorial, but the reason I do that is I just, I think we've seen enough, just in current, modern history and politics, in the age of AI and software and freedom of speech and new media, there's a lot of weird stuff going on out there, but a lot of stuff that we thought was really weird a little while ago has turned out to be more true than we thought. When you look back in history, and you kind of read the official narrative and you wonder, you kind of read between the lines. You go, oh, maybe some stuff went on here. So anyway, the allegation that Ford made, smart guy, Thomas Edison, smart guy. And they go to Congress, and they go, Hey, we need to get the gold out of the banker's hands, because gold is money, and we need money not to revolve around gold, because the bankers control gold. They control the money, and they make profits, his words, not mine, by starting wars, because he was very upset about World War One, which happened. We got involved right after Fed gets formed in 1913 World War One starts in 1914 the United States sits off in the background and sells everybody, everything. It collects a bunch of gold, and then enters at the end and ends it all. And that big influx created the roaring 20s, as we all know, which ended big boom to big bust. And that cycle, which then a crisis that created, potentially a argument for why the government should have more control, right? So you kind of go down this path. So we ended up in 1865 with President Lincoln suppressing states rights and eventually creating an unconstitutional income tax and then creating an unconstitutional currency. That's what Abraham Lincoln did. And then on the back end of that, you know, it didn't end well for him, and I don't know why, but all I know is that we had a financial crisis in 1907 and the solution to that was the Aldrich plan, which was basically a monopoly on money. It's called a money trust. And Charles Lindbergh, SR was railing against it, as were many people at the time, going, No, this is terrible. So they renamed the Aldrich plan the Federal Reserve Act. And instead of going for a bank charter, they went for a constitutional amendment, and they got it in the 16th Amendment, and that's where we got the IRS. That's where we got the income tax, which was only supposed to be 7% only affect like the top one or 2% of earners, right? And that's where we got, you know, the Federal Reserve. That's where all that was born. Since that happened, to your point, the dollar has been on with a slight little rise up in the 20s, which, you know, there's a whole thing about whether that caused the crash or not. But at the end of the day, if you go look at St Louis Fed, which you go look at all the time, and you just look at the long term trend of the dollar, it's terrible. And the barometer, that's gold, right? $20 of gold in 1913 and 1933 and then 42 in 1971 or two, whatever it was, three, and then eventually as high as 850 but at the turn of the century, this century, it was $250 so at $2,500 it would have lost 90% in the 21st Century. The dollars lost 90% in the 21st Century, just to 2500 that's profound to go. That's right, it already lost more than 90% from $20 to 250 so it lost 90% and then 90% of the 10% that was left. And that's where we're at. We're worse than that. Today, no currency, as far as I understand, I've been told this. Haven't done the homework, but it's my understanding, no currency in the history of the world has ever survived that kind of debasement. So I think a lot of people who are watching are like, okay, it's not a matter of if, it's a matter of when. And then the big question is, is when that when comes? What does the transition look like? What rises in its place? And then you look at things like a central bank digital currency, which is not like Bitcoin, it's not a crypto, it's a centrally controlled currency run by the central bank. If we get that, I would argue that's not good for privacy and security. Could be Bitcoin would be better. I would argue, could go back to gold backing, which I would say is better than what we have, or we could get something nobody's even thought of. I don't know. We don't know, but I do think we're at the end of the life cycle. Historically, all things being equal. And I think all the indication with a big run up of gold, gold is screaming something's broken. It's just screaming it right now, not just because the price is up, but who's buying it. It's just central banks. Keith Weinhold 20:12 Central banks are doing most of the buying, right? It's not individual investors going to a coin shop. So that's really screaming, telling you that people are concerned. People are losing their faith in giving loans to the United States for sure. And Russ, as we talk about gold, and it's important link to the dollar over time, you mentioned how they wanted it, to get it out of the bank's hands for a while. Of course, there was also a period of time where it was illegal for Americans to own gold. And then we had this Bretton Woods Agreement, which was really important as well, where we ended up violating promises that had to do with gold again. So can you speak to us some more about that? Because a lot of people just don't understand what happened at Bretton Woods. Russell Gray 20:56 What happened is we had the big crash in 1929 and the net result of that was, in 1933 we got executive order 6102 In fact, I have a picture of it framed, and that was in the wake of that in 1933 and so what Franklin Delano Roosevelt did in signing that document, which was empowered by a previous act of Congress, basically let him confiscate all The money. It'd be like right now if, right now, you know, President Trump signed an executive order and said, You have to take all your cash, every all the cash that you have out of your wallet. You have to send it all, take it into the bank, and they're going to give you a Chuck E Cheese token, right? And if you don't do it, if you do it, it's a $500,000 fine in 10 years in prison. Right? Back then it was a $10,000 fine, which was twice the price of the average Home huge fine, plus jail time. That's how severe it was, okay? So they confiscated all the money. That happened in 33 okay? Now we go off to war, and we enter the war late again. And so we have the big manufacturing operation. We're selling munitions and all kinds of supplies to everybody, all over the world, right? And we're just raking the gold and 20,000 tons of gold. We got all the gold. We got the biggest army now, we got the biggest bomb, we got the biggest economy. We got the strongest balance sheet. Well, I mean, you know, we went into debt for the war, but, I mean, we had a lot of gold. So now everybody else is decimated. We're the big dog. Everybody knows we're the big dog. Nine states shows up in New Hampshire Bretton Woods, and they have this big meeting with the world, and they say, Hey guys, new sheriff in town. Britain used to be the world's reserve currency, but today we're going to be the world's reserve currency. And so this was the new setup. But it's okay. It's okay because our dollar is as good as gold. It's backed by gold, and so anytime you want foreign nations, you can just bring your dollars to us and we'll give you the gold, no problem. And everyone's like, okay, great. What are you going to say? Right? You got the big bomb, you got the big army. Everybody needs you for everything to live like you're not going to say no. So they said, Yes, of course, the United States immediately. I've got a speech that a guy named Beardsley Rummel did. Have you ever heard me talk about this before? Keith, No, I've never heard about this. So Beardsley Rummel was the New York Fed chair when all this was happening. And so he gave a speech to the American Bar Association in 1945 and I got a transcript of it, a PDF transcript of it from 1946 and basically he goes, Look, income taxes are obsolete. We don't need income tax anymore because we can print money, because we're off the gold standard and we have no accountability. We just admitted it, just totally admitted it, and said the only reason we have income tax is to manipulate behavior, is to redistribute wealth, is to force people to do what we want them to do, punish things and reward others, right? Just set it plain language. I have a transcript of the speech. You can get a copy of you send an email to Rummel R U, M, L@mainstreetcapitalist.com I'll get it to you. So it's really, really interesting. So he admitted it. So we went along in the 40s and the 50s, and, you know, we had the only big manufacturing you know, because everybody else is still recovering from the war. Everything been bombed to smithereens, and we're spending money and doing all kinds of stuff. And having the 50s, it was great, right, right up until the mid 60s. So the mid 60s, it's like, Okay, we got a problem. And Charles de Gaulle, who was the president of France at the time, went to a meeting. And there's a YouTube video, but you can see it, he basically told the world, hey, I don't think the United States is doing a good job managing this world's reserve currency. I don't think they've got the gold. I think they printed too much money. I think that we should start to go redeem our dollars and get the gold. That was pretty forward thinking. And he created a run on the bank. And at the same time, we passed the Coinage Act in 1965 and took all the silver out of the people's money. So we took the gold in 33 and then we took the silver in 65 right? Because we got Vietnam and the Great Society, welfare, all these things were going on in the 60s. We're just going broke. Meanwhile, our gold supply went from 20,000 tons down to eight and Richard. Nixon is like, whoa, time out. Like, this is bad. And so we had inflation in 1970 August 15, 1971 year before August 15, 1971 1970 Nixon writes an executive order and freezes all prices and all wages. It became illegal by presidential edict for a private business to give their employee a raise or to raise their prices to the customers. Keith Weinhold 25:30 It's almost if that could happen price in theUnited States of America, right? Russell Gray 25:36 And inflation was 4.4% and it was a national emergency like today. I mean, you know, a few years ago, like three or four years ago, we if we could get it down 4.4% it'd be Holly. I'd be like a celebration. That was bad. And so that's what happened. So a year later, that didn't work. It was a 90 day thing. It was a disaster. And so in a year later, August 15, 1971 Nixon came on live TV after Gunsmoke. I think it was, and I was old enough I'm watching TV on a Sunday night I watched it. Wow. So I live, that's how old I am. So it's a lot of this history, not the Bretton Woods stuff, but from like 1960 2,3,4, forward. I remember I was there. Keith Weinhold 26:13 Yeah, that you remember the whole Nixon address on television. We should say it for the listener that doesn't know. Basically the announcement Nixon made, he said, was a temporary measure, is that foreign nations can no longer redeem their dollars for gold. He broke the promise that was made at Bretton Woods in about 1945 Russell Gray 26:32 Yeah. And then gold went from $42 up to 850 and a whole series of events that have led to where we're at today were put in place to cover up the fact that the dollar was failing. We had climate emergency. We were headed towards the next global Ice Age. We had an existential threat in two different diseases that hit one right after the other. First one was the h1 n1 flu, swine flu, and then the next thing was AIDS. And so we had existential pandemic, two of them. We also had a oil shortage crisis. We were going to run out of fossil fuel by the year 2000 we had to do all kinds of very public, visible, visceral things that we would all see. You could only buy gas odd even days, like, if your license plate ended in an odd number, you could go on these days, and if it ended on an even number, you could go on the other days. And so we had that. We lowered our national speed limit down to 55 miles an hour. We created the EPA and all these different agencies under Jimmy Carter to try to regulate and manage all of this crisis. Prior to that, Nixon sent Kissinger over to China, and we opened up trade relations. And we'd been in Vietnam to protect the world from communism because it was so horrible. And then in the wake of that, we go over to Communist China, Chairman Mao and open up trade relations. Why we needed access to their cheap labor to suck up all the inflation. And we went over to the Saudis, and we cut the petro dollar deal. Why? Because we needed the float. We needed some place for all these excess dollars that we had created to get sucked up. And so they got sucked up in trading the largest commodity in the world, energy. And the deal was, hey, Saudis, here's the deal. You like your kingdom? Well, we got the big bomb. We got the big army. You're going to rule the roost in the in the Middle East, and we'll protect you. All you got to do is make sure you sell all your oil in dollars and dollars only. And they're like, Well, what if we're selling oil to China, or what if we're selling oil to Japan? Can they pay in yen? Nope, they got to sell yen. Buy dollars. Well, what do we do with all these dollars? Buy our treasuries. Okay, so what if I got this? Yeah, and so that was the petrodollar system. And the world looked at everything went on, and the world is like, Hmm, the United States coming back to Europe, and Charles de Gaulle, they're like, the United States is not handling this whole dollar thing real well. We need an alternative. What if all of us independent nations in Europe got together and created a common currency? We don't want to be like one country, like the United States, but we want to be like an economic union. So let's create a current let's call it the euro. And they started that process in the 70s, but they didn't get it done till 99 and so they get it done in 99 as soon as they get it done, this guy named Saddam Hussein goes, Hey, I'm now the big dog here. I got the fourth largest army in the world. I'm here in, you know, big oil producing nation. Let's trade in the euro. Let's get off the dollar. Let's do oil in the euro. And he's gone. I'm not sure I should put my hat back on. I'm not sure, but somehow we went into Afghanistan and took a hard left and took this guy out. Keith Weinhold 29:44 Some credence to this. Yes, yeah, so. But with that said, Russell Gray 29:47 you know, we ended up with the Euro taking about 20% of the global trade market from the United States, which is about where it sits today. And the United States used to be up over 80% and now we're down below 60% still. The Big Dog by triple and the euro is not in a position to supplant the US, but I think China, whose claim to fame is looking at other people's technology and models and copying it, looked at what the United States did to become the dominant economic force, and I think they've systematically been copying it. I wrote a report on this way back in 2013 when I started really paying attention to it and began to chronicle all the things that they were doing, this big D dollarization movement that I think still has legs. It's the BRICS movement. It's all the central banks buying gold. It's the bilateral trade agreements where people are doing business outside the dollar. There's been not just that, but also putting together the infrastructure, right? The Asian Infrastructure Bank is an alternative to the IMF looking, if you have you read Confessions of an economic hitman. No. Okay, so this is a guy that used to work in the government, I think, CIA or something, and he would go down and he'd cut deals with leaders of countries to get them to borrow from the United States to put in key infrastructure so they could trade with the US. And then, of course, if they defaulted, then the US owned that in the infrastructure. You can look it up. His name is Perkins, right. Look it up confessions of economic hit now, but you see China doing the same thing. China's got their Belt and Road Initiative. And you go through, and if you want to trade with China on that route, you have traded, you're gonna have to have infrastructure. You can eat ports. You're gonna need terminals for distribution. But you, Oh, you don't have the money. We'll loan it to you, and we'll loan it to you and you want. Now we're creating demand for you want, and we also are enslaving borrower servant to the lender. We're beginning to enslave these other nations under the guise of helping them by financing their growth so they can do business with us. It's the same thing the United States did and Shanghai Gold Exchange, as opposed to the London Bullion exchange. So all of the key pieces of infrastructure that were put in place to facilitate Western hegemony in the financial markets the Chinese have been systematically putting in place with bricks, and so there's a reason we're in this big trade war right now. We recognize that they had started to get in a position where they were actually a real threat, and we got to cut their legs out from underneath them before they get any stronger. Again, I should put my hat back on. Nobody's calling me up and telling me, I'm just reading between the lines. Sure, Keith Weinhold 32:23 there certainly are more competitors to the dollar now. And can you imagine what rate of inflation that we would have had if we had not outsourced our labor and productivity over to a low wage place like China in the east? Russ and I have been talking about the long term debasement of the dollar and why. More on that when we come back, including what Russ is up to today. You're listening to get rich education. Our guest is Russell Gray. I'm your host, Keith Weinhold, the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your pre qual and even chat with President Chaley Ridge personally while it's on your mind, start at Ridge lendinggroup.com that's Ridge lendinggroup.com. You know what's crazy? Your bank is getting rich off of you. 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Get rich education with Keith Weinhold, don't quit your Daydream. Keith Weinhold 34:52 Welcome back to get rich education. We're talking with the main street capitalists Russell gray about this long term debasement of the dollar. It's an. Inevitable. It's one of the things we actually can forecast with pretty good predictability that the dollar will continue to debase. It's one of the few almost guarantees that we have in investing. So we can think about how we want to play that Russ one thing I wonder about is, did we have to completely de peg the dollar from gold? Couldn't we have just diluted it where we could instead say, Well, hey, now, instead of just completely depegging the dollar from gold, we could say, well, now it takes 10 times as many dollars as it used to to redeem it for an ounce of gold. Did it make it more powerful that we just completely de pegged it 100% Russell Gray 35:36 it would disempower the monopoly. Right? In other words, I think that the thing from the very beginning, was scripted to disconnect from the accountability of gold, which is what sound money advocates want. They want some form of independent Accountability. Gold is like an audit to a financial system. If you're the bankers and you're running the program, the last thing in the world you want is a gold standard, because it limits your ability to print money out of thin air and profit from that. So I don't think the people who are behind all of this are, in no way, shape or form, interested in doing anything that's going to limit their power or hold them accountable. They want just the opposite. I think if they could wave a magic wand and pick their solution to the problem, it would be central bank digital currency, which would give them ultimate control. Yeah. And it wouldn't surprise me if we maybe, perhaps, were on a path where some crises were going to converge, whether it's opportunistic, meaning that the crisis happened on its own, and quote Rahm Emanuel and whoever he was quoting, you know, never let a good crisis go to waste, and you're just opportunistic, or, you know, put the conspiracy theory hat on, and maybe these crises get created in order to facilitate the power grab. I don't know. It really doesn't matter what the motives are or how it happens at the end of the day, it's what happens. It happened in 33 it happened in 60. In 71 it's what happens. And so it's been a systematic de pegging of any form of accountability. I mean, we used to have a budget ceiling. We used to talk about now it's just like, it's routine. You blow right through it, right, right. There's you balance. I mean, when's the last time you even had a budget? Less, less, you know, much less anything that looked like a valid balanced budget amendment. So I think there's just no accountability other than the voting booth. And, you know, I think maybe you could make the argument that whether you like Trump or not, the public's apparent embrace of him, show you that the main street and have a lot of faith in Main Street. I think Main Street is like, you know what? This is broken. I don't know what's how to fix it, but somebody just needs to go in and just tear this thing down and figure out a new plant. Because I think if you anybody paying attention, knows that this perpetual debasement, which is kind of the theme of the show is it creates haves and have nots. Guys like you who understand how to use real estate to short the dollar, especially when you marry it to gold, which is one of my favorite strategies to double short the dollar, can really magnify the power of inflation to pull more wealth onto your balance sheet. Problem is the people who aren't on that side of the coin are on the other side of the coin, and so the poor get poorer and the rich get richer. Well, the first order of business in a system we can't control is help as many people be on the rich get richer. That's why we had the get rich show, right? Let's help other people get rich. Because if I'm the only rich guy in the room, all the guns are pointed at me, right? I wanted everybody as rich as possible. I think Trump and Kiyosaki wrote about that in their book. Why we want you to be rich, right? When everybody's prospering, it's it's better, it's safer, you have people to trade with and whatnot, but we have eviscerated the middle class because industry has had to go access cheap labor markets in order to compensate for this inflation. And you know, you talk about the Fed mandate, which is 2% inflation, price inflation, 2% so if you say something that costs $1 today, a year from now, is going to cost $1 too, you think, well, maybe that's not that bad. But here's the problem, the natural progression of Business and Technology is to lower the cost, right? So you have something cost $1 today, and because somebody's using AI and internet and automation and robots and all this technology, right? And the cost, they could really sell it for 80 cents. And so the Fed looks at and goes, Let's inflate to $1.02 that's not two cents of inflation. That's 22 cents of inflation. And so there's hidden inflation. The benefits of the gains in productivity don't show up in the CPI, but it's like deferred maintenance on an apartment building. You can make your cash flow look great if you're not setting anything aside for the inevitable day when that roof is going to go out and that parking lot is going to need to be repaved, right? And you don't know how far out you are until you get there and you're like, wow, I'm really short, and I think that we have been experiencing for decades. The theft of the benefit of our productivity gains, and we're not just a little bit out of position. We're way out of position. That's Keith Weinhold 40:07 a great point. Like I had said earlier, imagine what the rate of inflation would be if we hadn't outsourced so much of our labor and productivity to low cost China. And then imagine what the rate of inflation would be as well, if you would factor in all of this increased productivity and efficiency, the natural tendencies of which are to make prices go lower as society gets more productive, but instead they've gone higher. So when you adjust for some of these factors, you just can't imagine what the true debased purchasing power of the dollar is. It's been happening for a long time. It's inevitable that it's going to continue to happen in the future. So this has been a great chat about the history and us understanding what the powers that be have done to debase our dollar. It's only at what rate we don't know. Russ, tell us more about what you're doing today. You're really out there more as a champion for Main Street in capitalism. Russell Gray 41:04 I mean, 20 years with Robert and the real estate guys, and it was fantastic. I loved it. I went through a lot, obviously, in 2008 and that changed me a little bit. Took me from kind of being a blocking and tackling, here's how you do real estate, and to really understanding macro and going, you know, it doesn't matter. You can do like I did, and you build this big collection. Big collection of properties and you lose it all in a moment because you don't understand macro. So I said, Okay, I want to champion that cause. And so we did that. And then we saw in the 2012 JOBS Act, the opportunity for capital raisers to go mainstream and advertise for credit investors. And I wrote a report then called the new law breaks Wall Street monopoly. And I felt like that was going to be a huge opportunity, and we pioneered that. But then after my late wife died, and I had a chance to spend some time alone during COVID, and I thought, life is short. What do I really want to accomplish before I go? And then I began looking at what was going on in the world. I see now a couple of things that are both opportunities and challenges or causes to be championed. And one is the mega trend that I believe the world is going you know, some people call it a fourth turning whatever. I don't consider that kind of we have to fall off a cliff as Destiny type of thing to be like cast in stone. But what I do see is that people are sick and tired of monopolies. We're sick and tired of big tech, we're sick and tired of big media, we're sick and tired of big government. We're sick and tired of big corporations, we don't want it, and big banks, right? So you got the rise of Bitcoin, you got people trying to get out from underneath the Western hegemony, as we've been talking about decentralization of everything. Our country was founded on the concept of decentralization, and so people don't understand that, right? It used to be everything was centralized. All powers in the king. Real Estate meant royal property. That's what real estate it's not like real asset, like tangible it's royal estate. It's royal property. Everything belonged to the king, and you just got to work it like a serf. And then you got to keep 75% in your produce, and you sent 25% you sent 25% through all the landlords, the land barons, and all the people in the hierarchy that fed on running things for the king, but you didn't own anything. Our founder set that on, turn that upside down, and said, No, no, no, no, no, it's not the king that's sovereign. It's the individual. The individual is sovereign. It isn't the monarchy, it's the individual states. And so we're going to bring the government, small. The central government small has only got a couple of obligations, like protect the borders, facilitate interstate commerce, and let's just have one common currency so that we can do business together. Other than that, like, the state's just going to run the show. Of course, Lincoln kind of blew that up, and it's gotten a lot worse after FDR, so I feel like we're under this big decentralization movement, and I think Main Street capitalism is the manifestation of that. If you want to decentralize capitalism, the gig economy, if you want to be a guy like you, and you can run your whole business off your laptop with a microphone and a camera, you know, in today's day and age with technology, people have tasted the freedom of decentralization. So I think the rise of the entrepreneur, I think the ability to go build a real asset portfolio and get out of the casinos of Wall Street. I think right now, if we are successful in bringing back these huge amounts of investment, Trump's already announced like two and a half or $3 trillion of investment, people are complaining, oh, the world is selling us. Well, they're selling stocks and they're selling but they're putting the money actually into creating businesses here in the United States that's going to create that primary driver, as you well know, in real estate, that's going to create the secondary and tertiary businesses, and the properties they're going to use all kinds of Main Street opportunity are going to grow around that. I lived in Silicon Valley, when a company would get funded, it wasn't just a company that prospered, it was everything around that company, right? All these companies. I remember when Apple started. I remember when Hewlett Packard, it was big, but it got a lot bigger, right there. I watched all that happen in Silicon Valley. I think that's going to happen again. I think we're at the front end of that. And so that's super exciting. Wave. The second thing that is super important is this raising capitalist project. And the reason I'm doing it is because if we don't train our next generation in the principles of capitalism and the freedom that it how it decentralizes Their personal economy, and they get excited about Bitcoin, but that's not productive. I'm not putting it down. I'm just saying it's not productive. You have to be productive. You want to have a decentralized currency. Yes, you want to decentralize productivity. That's Main Street capitalism. If kids who never get a chance to be in the productive economy get to vote at 1819, 2021, 22 before they've ever earned a paycheck, before they have any idea, never run a business. Somebody tells them, hey, those guys that have all that money and property, they cheated. It's not fair. We need to take from them. We need to limit them, not thinking, Oh, well, if I do that, when I get to be there, that what I'm voting for is going to get on me. Right now, Keith, there are kids in ninth grade who are going to vote for your next president, right? Keith Weinhold 45:56 And they think capitalism is evil. This is part of what you're doing with the raising capitalists project, helping younger people think differently. Russ, I have one last thing to ask you. This has to do with the capitalism that you're championing on your platforms now. And real estate, I continue to see sometimes I get comments on my YouTube channel, especially maybe it's more and more people increasingly saying, Hey, I think housing should be a human right. So talk to us about that. And maybe it's interesting, Russ, if I take the other side of it and play devil's advocate, people who think housing is a human right, they say something like, the idea is that housing, you know, it's a fundamental need, just like food and clean water and health care are without stable housing. It's incredibly hard for a person to access opportunities like work and education or health care or participate meaningfully in society at all. So government ought to provide housing for everybody. What are your thoughts there? Russell Gray 46:54 Well, it's inherently inflationary, which is the root cause of the entire problem. So anytime you create consumption without production, you're going to have more consumers than producers, and so you're going to have more competition for those goods. The net, net truth of what happens in that scenario are shortages everywhere. Every civilization that's ever tried any form of system where people just get things for free because they need them, end up with shortages in poverty. It doesn't lift everybody. It ruins everything. I mean, that's not conjecture. That's history, and so that's just the way it works. And if you just were to land somebody on a desert island and you had an economy of one, they're going to learn really quick the basic principles of capitalism, which is production always precedes consumption, always 100% of the time, right? If you're there on that desert island and you don't hunt fish or gather, you don't eat, right? You don't get it because, oh, it's a human right to have food. Nope, it's a human right to have the right to go get food. Otherwise, you're incarcerated, you have to have the freedom of movement to go do something to provide for yourself, but you cannot allow people to consume without production. So everybody has to produce. And you know, if you go back to the Plymouth Rock experiment, if you're familiar with that at all, yeah, yeah. So you know, just for anybody who doesn't know, when the Pilgrims came over here in the 1600s William Bradford was governor, and they tried it. They said, Hey, we're here. Let's Stick Together All for one and one for all. Here's the land. Everybody get up every day and work. Everybody works, and everybody eats. They starved. And so he goes, Okay, guys, new plan. All right, you wine holds. See this little plot of land, that's yours. You work it. You can eat whatever you produce. Over there, you grace. You're going to do yours and Johnson's, you're going to do yours, right? Well, what happened is now everybody got up and worked, and they created more than enough for their own family, and they had an abundance. And the abundance was created out of their hunger. When they went to serve their own needs, they created abundance forever others. That's the premise of capitalism. It's not the perfect system. There is no perfect system. We live in a world where human beings have to work before they get to eat. When I say eat, it could be having a roof over their head. It could be having clothes. It could be going on vacation. It could be having a nice car. It could be getting health care. It doesn't matter what it is, whatever it is you need. You have the right, or should have, the right, in a free system to go earn that by being productive, but the minute somebody comes and says, Oh, you worked, and I'm going to take what you produced and give it to somebody else who didn't, that's patently unfair, but economically, it's disastrous, because it incentivizes people not to work, which creates less production, more consumption. I have another analogy with sandwich makers, but you can imagine that if you got a group if you got a group of people making sandwiches, one guy starts creating coupons for sandwiches. Well then if somebody says, Okay, well now we got 19 people providing for 20. That's okay, but then all the guys making sandwiches. Why making sandwiches? I'm gonna get the coupon business pretty soon. You got 18 guys doing coupons, only two making sandwiches. Not. Have sandwiches to go around all the sandwiches cost tons of coupons because we got way more financialization than productivity, right? That's the American economy. We have to fix that. We can't have people making money by just trading on other people's productivity. We have to have people actually being productive. This is what I believe the administration is trying to do, rebuild the middle class, rebuild that manufacturing base, make us a truly productive economy, and then you don't have to worry about these things, right? We're going to create abundance. And if you don't have the inflation is which is coming from printing money out of thin air and giving to people who don't produce, then housing, all sudden, becomes affordable. It's not a problem. Health care becomes affordable. Everything becomes affordable because you create abundance, because everybody's producing the system is fundamentally broken. Now we have to learn how to profit in it in its current state, which is what you teach people how to do. We also have to realize that it's not sustainable. We're on an unsustainable path, and we're probably nearing that event horizon, the path of no return, where the system is going to break. And the question is, is, how are you going to be prepared for it when it happens? Number two, are you going to be wise enough to advocate when you get a chance to cast a vote or make your voice heard for something that's actually going to create prosperity and freedom versus something that's going to create scarcity and oppression? And that's the fundamental thing that we have to master as a society. We got to get to our youth, because they're the biggest demographic that can blow the thing up, and they're the ones that have been being indoctrinated the worst. Keith Weinhold 51:29 Yes, Fed Chair Jerome Powell himself said that we live in a economic system today that is unsustainable. Yes, the collectivism we touched on quickly descends into the tyranny of the majority. And in my experience, historically, the success of public housing projects has been or to mixed at best, residents often don't respect the property when they don't have an equity stake in it or even a security deposit tied up in it, and blight and high crime rates have often followed with these public housing projects. When you go down that path of making housing as a human right, like you said earlier, you have a right to go procure housing for yourself, just not to ask others to pay for it for you. Well, Russ, this has been great. It's good to have your voice back on the show. Here again, here on a real estate show. If people want to connect with you, continue to see what you've been up to and the good projects that you're working on, promoting the virtues of capitalism. What's the best way for them to do that? Russell Gray 52:31 I think just send an email to follow at Russell Gray, R, U, S, S, E, L, L, G, R, A, y.com, let you know where I am on social media. I'll let you know when I put out new content. I'll let you know when I'm a guest on somebody somebody's show and I'm on the cusp of getting my own show finally launched. I've been doing a lot of planning to get that out, but I'm excited about it because I do think, like I said, The time is now, and I think the marketplace is ripe, and I do speak Main Street and macro, and I hope I can add a nuance to the conversation that will add value to people. Keith Weinhold 53:00 Russ, it's been valuable as always. Thanks so much for coming back onto the show. Thanks, Keith. Yeah, terrific, historic outline from Russ about the long term decline of the dollar. It's really a fresh reminder and motivator to keep being that savvy borrower. Of course, real estate investors have access to borrow giant sums of dollars and short the currency that lay people do not. In fact, lay people don't even understand that it's a viable strategy at all. Like he touched on, Russ has really been bringing an awareness about how decentralization is such a powerful force that reshapes society. In fact, he was talking about that the last time that I saw him in person a few months ago. Notably, he touched on Nixon era wage and price controls. Don't you find it interesting? Fascinating, really, how a few weeks ago, Trump told Walmart not to pass tariff induced price increases onto their customers. Well, that's a form of price control that we're seeing today to our point, when we had the father of Reaganomics, David Stockman here on the show, five weeks ago, tariffs are already government intervention into the free market, and then a president telling private companies how to set their prices, that is really strong government overreach. I mean, I can't believe that more people aren't talking about this. Maybe that's just because this cycle started with Walmart, and that's just doesn't happen to be a company that people feel sorry for. Hey, well, I look forward to meeting you in person in Miami in just four days, as I'll be a faculty member for when we kick off the terrific real estate guys Investor Summit and see and really getting to know you, because we're going to spend nine days together. Teaching, learning and having a great time on a cruise ship in the Caribbean. Until then, I'm your host. Keith Weinhold, don't quit your Daydream. 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Rahm Emanuel is an American diplomat, politician, and former White House Chief of Staff. He served as the United States Ambassador to Japan, appointed by President Joe Biden in 2021. Rahm previously held office as the Mayor of Chicago from 2011 to 2019 and was a senior advisor to President Bill Clinton before serving as a U.S. Congressman from Illinois. Outside of public service, Rahm is a dedicated fly angler who finds solace and clarity on the water. Fly fishing has long been one of his favorite pastimes—a balance to the intensity of his professional life and a testament to his appreciation for patience, nature, and precision. In this episode of Anchored, we learn more about his story. Learn more about your ad choices. Visit megaphone.fm/adchoices
MeidasTouch host Ben Meiselas reports on Donald Trump getting outmatched by a furious Asia, with countries like China, Japan, and South Korea sensing his weakness. Meiselas speaks with former U.S. Ambassador to Japan and former Chief of Staff to President Obama, Rahm Emanuel, about his perspective on what's unfolding in Asia and here in the United States. Learn more about your ad choices. Visit megaphone.fm/adchoices
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PBD Podcast breaks down Rahm Emanuel's bold claim: Democrats are losing as the “party of punks,” fixating on irrelevant issues like transgender athletes while ignoring education crises. Is Emanuel the 2028 candidate to watch? Dive into his sharp critique and political future.
Rahm Emanuel has had just about every job in politics under the sun: congressman, White House chief of staff, U.S. ambassador, Chicago mayor, and more. “I'm pretty pragmatic about politics and almost cold to a point in my analysis,” he tells White House bureau chief Dasha Burns. Emanuel, who is widely believed to be considering a run for President in 2028, tells Burns that Democrats should “stop talking about bathrooms and locker rooms and start talking about the classroom.” As the first Jewish mayor of Chicago, he also talks about the recent anti-Semitic attacks and whether America is ready for a Jewish president. Plus, Burns is joined by Politico Magazine editor Elizabeth Ralph to talk about the magazine's recent Q&A with Miles Taylor in the wake of Trump's executive order targeting him, and the rise of jawline surgery among DC's male population. Learn more about your ad choices. Visit megaphone.fm/adchoices
God's Debris: The Complete Works, Amazon https://tinyurl.com/GodsDebrisCompleteWorksFind my "extra" content on Locals: https://ScottAdams.Locals.comContent:Politics, Ice Battery, ABC Anti-Trump Propaganda, Elon Musk, Election Rigging, President Trump's Approval Polls, Big Beautiful Spending Package, CBO Deficit Analysis, Proud Boys J6 Lawsuit, Rahm Emanuel, Democrat Fake Protest Season, Democrat Paid Protest Chaos, Paid ICE Protest Chaos, Kilmar Abrego Garcia, Drone Warfare, Ukraine's Anti-Drone Pistol, Pandemic Generation Kids, Rebecca Gammon, Scott Adams~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~If you would like to enjoy this same content plus bonus content from Scott Adams, including micro-lessons on lots of useful topics to build your talent stack, please see scottadams.locals.com for full access to that secret treasure.
Listen to the latest episode of Politico's new podcast, The Conversation with Dasha Burns. Rahm Emanuel has had just about every job in politics under the sun: congressman, White House chief of staff, U.S. ambassador, Chicago mayor, and more. “I'm pretty pragmatic about politics and almost cold to a point in my analysis,” he tells White House bureau chief Dasha Burns. Emanuel, who is widely believed to be considering a run for President in 2028, tells Burns that Democrats should “stop talking about bathrooms and locker rooms and start talking about the classroom.” As the first Jewish mayor of Chicago, he also talks about the recent anti-Semitic attacks and whether America is ready for a Jewish president. Plus, Burns is joined by Politico Magazine editor Elizabeth Ralph to talk about the magazine's recent Q&A with Miles Taylor in the wake of Trump's executive order targeting him, and the rise of jawline surgery among DC's male population.
THE TIM JONES AND CHRIS ARPS SHOW 0:00 SEG 1 Today is the 81st anniversary of D-Day | Kilmar Albrego Garcia is back in the U.S. to face trial 17:34 SEG 2 PATRICK TUOHEY, Sr. Fellow at Show Me Institute | TOPIC: He can provide an update on the Missouri Senate’s passage of the stadium funding bill during this week’s special session. The plan would provide up to 50% state financing for new or renovated stadiums for the Chiefs and Royals, plus $50 million in tax credits.https://showmeinstitute.org/author/patrick-tuohey/https://x.com/PatrickTuohey 34:52 SEG 3 Chris’ Corner is about Rahm Emmanuel| | immigration news https://newstalkstl.com/ FOLLOW TIM - https://twitter.com/SpeakerTimJones FOLLOW CHRIS - https://twitter.com/chris_arps 24/7 LIVESTREAM - http://bit.ly/NEWSTALKSTLSTREAMS RUMBLE - https://rumble.com/NewsTalkSTL See omnystudio.com/listener for privacy information.
THE TIM JONES AND CHRIS ARPS SHOW 0:00 SEG 1 Today is the 81st anniversary of D-Day | Kilmar Albrego Garcia is back in the U.S. to face trial 17:34 SEG 2 PATRICK TUOHEY, Sr. Fellow at Show Me Institute | TOPIC: He can provide an update on the Missouri Senate’s passage of the stadium funding bill during this week’s special session. The plan would provide up to 50% state financing for new or renovated stadiums for the Chiefs and Royals, plus $50 million in tax credits.https://showmeinstitute.org/author/patrick-tuohey/https://x.com/PatrickTuohey 34:52 SEG 3 Chris’ Corner is about Rahm Emmanuel| | immigration news https://newstalkstl.com/ FOLLOW TIM - https://twitter.com/SpeakerTimJones FOLLOW CHRIS - https://twitter.com/chris_arps 24/7 LIVESTREAM - http://bit.ly/NEWSTALKSTLSTREAMS RUMBLE - https://rumble.com/NewsTalkSTL See omnystudio.com/listener for privacy information.
In this week's episode, hosts Christina Ruffini and Leon Panetta, former US Secretary of Defense and CIA Director, are joined by Rahm Emanuel, the former U.S. Ambassador to Japan. Emanuel has a long political career having previously served as the mayor of Chicago, a U.S. Congressman, and the former White House Chief of Staff for President Barack Obama. They discuss the ongoing conflict in Gaza, Israeli Prime Minister Benjamin Netanyahu's war strategy, and the shifting commercial interests of the Middle East. They also explore the legacy of President Joe Biden's presidency amid recent news about his health, and Emanuel discusses the state of the Democratic Party and whether he's considering a potential run for president in 2028. Plus, Panetta and Emanuel share stories of working with each other under President Bill Clinton's administration. Episode produced by Situation Room Studios. Original music composed and produced by Leo Sidran.
Megyn Kelly is joined by Mark Halperin, host of "Next Up with Mark Halperin," and his 2Way "Morning Meeting" co-hosts Sean Spicer and Dan Turrentine, to discuss former White House Press Secretary Karine-Jean Pierre's forthcoming book rebranding herself as “Independent,” her part in covering up the cognitive decline of Biden, her failures at the White House, Elon Musk calling Trump's Big Beautiful Bill a “disgusting abomination,” whether the Elon vs. Trump drama could have an effect on the bill, why it's still on path to pass, the tragic new story showing the consequences of Biden's illegal immigration policies, how the administration placed unaccompanied minors in the homes of illegal immigrant adults, the way the left is demonizing ICE, a key moment in the war between Russia and Ukraine, Trump's relationship with Putin, the very difficult path to peace, whether Rahm Emanuel may be the future of the Democratic party, the concerns that he's not woke enough to make it through a Democratic primary, the embarrassing Jim Acosta town hall event attempting to 'ignite truth and defend freedom' through his 'Fire Within' tour, the various Resistance grifters on the stage, and more.Subscribe to Mark's show Next Up: https://nextuphalperin.com/YouTube: https://www.youtube.com/@nextuphalperinApple: https://podcasts.apple.com/us/podcast/next-up-with-mark-halperin/id1810218232Spotify: https://open.spotify.com/show/2f0n8G4xqUo8aGxbbbtRjH Spicer- https://www.youtube.com/@SeanMSpicerTurrentine- https://x.com/danturrentineSmalls: For a limited time only, get 35% off plus an additional 50% off your first order when you head to https://Smalls.com and use code MK.Just Thrive: Visit https://justthrivehealth.com/discount/MEGYN & use code MEGYN to save 20% on your first orderHome Title Lock: Go to https://hometitlelock.com/megynkelly and use promo code MEGYN to get a FREE title history report so you can find out if you're already a victim AND 14 days of protection for FREE! And make sure to check out the Million Dollar TripleLock protection details when you get there! Exclusions apply. For details visit https://hometitlelock.com/warrantyByrna: Go to https://Byrna.com and order their all new Compact Launcher. Follow The Megyn Kelly Show on all social platforms:YouTube: https://www.youtube.com/MegynKellyTwitter: http://Twitter.com/MegynKellyShowInstagram: http://Instagram.com/MegynKellyShowFacebook: http://Facebook.com/MegynKellyShow Find out more information at: https://www.devilmaycaremedia.com/megynkellyshow
The lovelorn TACO trader has been hanging by the phone at 2am hoping China's Xi will call him to make a tariff deal. But that call is not coming without America paying a very high price— because world leaders know that Trump is a feckless, desperate negotiator. Meanwhile, Republicans are blowing off Elon's take-down of the reconciliation bill and prepping to turn themselves into roadkill in the midterms. Plus, Scranton Joe went missing in the White House, and the Dems need to stop listening to the very smart and very sophisticated (202) babies who think sharing the right pronoun is more important than kids actually knowing what a pronoun is. Rahm Emanuel joins Tim Miller. show notes Action for Andry: Protest at SCOTUS at 5pm Friday, followed by Free Andry live show
#MARKETS: RETURN OF RAHM EMANUEL LIZ PEEK THE HILL. FOX NEWS AND FOX BUSINESS 1867 CHICAGO
Send us a textCongressman Mike Quigley is in his 9th term representing Chicago's North Side and Lakefront as a Democrat in the House. He made waves last year after the first presidential debate as one of the first elected Democrats to publicly urge President Biden to step aside as the party's nominee. In this conversation, we talk through what led him to speak out, the reaction from the White House and his colleagues, and why he believes it's an important conversation for the party to have now. We also discuss his path in politics as a staffer, as a reformer on the Cook County Board, winning a 20+ candidate '09 special election to replace Rahm Emanuel in the House, favorite moments during his tenure, what he's learned visiting Ukraine, and what Democrats need to do to better connect with voters.IN THIS EPISODEGrowing up in a conservative, blue-collar household in in the Midwest...The teacher who made an impression on his politics and the advice he continues to quote today...Learning both theory at the University of Chicago and practical politics while cutting his teeth in Cook County politics...Why he lost his first race for office and how he turned a loss into a win a few years later...A decade on the Cook County Board as a reformer taking on the Chicago machine...How he won a 20+ person special election in 2009 to replace Rep. Rahm Emanuel in the House...Initial impressions and surprises in his early days in Congress...Two members who served as his mentors...Some of the work he's done in the House he's most proud of...Why Ukraine matters and what he's learned by traveling to the country several times...Why he was one of the first Democratic elected officials to call on President Biden to step aside as the '24 Democratic nominee in the aftermath of the debate...Reactions from colleagues and constituents after going public with his concerns about President Biden...Do Democrats have a larger problem of too many older Democrats refusing to retire and make way for younger leaders?Thoughts on how Democrats can better connect with voters...His favorite Chicago Blackhawks' memory and excitement for the new Chicago Pope...AND John Anzalone, big cats, Rod Blagojevich, burning your mortgage, cannon fodder, Frank Capra, Carol Stream, Forrest Claypool, Walter Cronkite, Paul Ehrlich, Sara Feigenholtz, John Fritchey, William Fulbright, Mary Gatey, Gabby Giffords, Newt Gingrich, Bernie Hansen, Kasie Hunt, Mark Kirk, John Lewis, Barack Obama, Nancy Pelosi, Vladimir Putin, Robert Redford, Branch Rickey, FDR, Paul Ryan, Helen Schiller, Glenn Schneider, Michael Sheahan, Adam Smith, spring chickens, John Stroger, Larry Suffredin, Studs Terkel, Harry Truman, The Weiner Circle, Gary Williams, working for the pension...& more!
This week on 'Headliners on the Headlines,' guest host Yayne Abeba discusses various political and social issues with comedians Big Al Gonzales, Jann Karam, and Johnny Steele. The discussion covers topics such as the effectiveness and controversies around the Democratic Party, the political landscape, the roles and actions of politicians like Kamala Harris, Joe Biden, Rahm Emanuel, and Marco Rubio, and the impact of Elon Musk on government cuts and the economy. The conversation also touches on the challenges facing U.S. immigration and border control, the rise of pet ownership over parenthood, and personal anecdotes about the comedians' lives. The session concludes with updates on the comedians' upcoming shows and their experiences working in entertainment.--Connect with our Guests...Big Al Gonzales: @TheBigAlGonzales on InstagramJann Karam: JannKaram.com and @JannKaramComedian on InstagramJohnny Steele: JohnnySteele.comYayne Abeba: @YayneAbebaComedy on TikTok --For more from Brian...Visit his website: www.BrianCopeland.comFollow on Social Media: Instagram - @CopelandsCorner & @BrianCopieEmail: BrianCopelandShow@Gmail.com --Copeland's Corner is Created, Hosted, & Executive Produced by Brian Copeland. This Show is Recorded & Mixed by Charlene Goto with Go-To Productions. Visit Go-To Productions for all your Podcast & Media needs.Our Booking Producer is Tom Sawyer. For any show inquiries, please email CopelandsCornerPodcast@gmail.com
Rahm Emmanuel says the Democratic Brand is toxic. He's right. But his answer is Dems must only talk about economic issues. He's wrong. Also, yes, Trump lies all the time, but Democrats could also learn from him when it comes to accessibility. And…every day, we are disappearing people off of our streets. Without due process. That's really wrong. Hosted on Acast. See acast.com/privacy for more information.
Find us at www.crisisinvesting.com In this episode, we return from a week off to discuss the latest political and economic happenings. They delve into the One Big Beautiful Bill Act that has been passed by the House, although not yet by the Senate. Highlights of the bill include permanent tax cuts, adjustments in the child tax credit, and increased defense spending. The conversation also covers Elon Musk's struggles with government cuts, the convoluted student loan system, and the rise of AI regulations. With in-depth analysis, they discuss the geopolitical tensions involving Russia and Ukraine, and Israel and Iran. Additionally, they explore the intricacies of the Golden Dome defense project, rising cyber attacks, and the concerning state of mining companies in the market. The episode concludes with discussions on nonprofit oversight, the controversial portrait of Donald Trump on a government building, and notable figures like Rahm Emanuel considering a presidential run. 00:00 Introduction and Weekly Recap 00:05 Overview of the OBA Bill 00:20 Permanent Tax Cuts and Deficit Concerns 01:14 Doge Provisions and Musk's Resignation 03:55 Child Tax Credit and SALT Deduction Cap 05:11 Tax Exemptions and Trump's Savings Accounts 07:08 Debt Ceiling Increase and Financial Concerns 08:22 Healthcare and Social Services Reforms 12:16 Student Loan Policy and Education Costs 14:27 Defense Spending and Border Security 17:37 AI Regulation Moratorium and Green Energy Rollbacks 18:36 IRS Direct File Program Termination 20:28 University Endowment Tax and Nonprofit Oversight 24:28 National Debt Increase and Senate Opposition 25:59 Trump's Megalomania and Public Image 29:12 Rahm Emanuel's Presidential Ambitions 30:29 Kanye West's Cancellation and Comeback 31:26 Dual Citizenship in High Government Positions 32:19 Trump's Control and Indictments 33:35 Epstein's Death and FBI's Response 35:54 Washington Post's Book Recommendations 38:49 Golden Dome and Modern Warfare 41:12 Cyber Attacks and Global Tensions 49:03 Israel-Iran Conflict 56:04 Mining Stocks and Market Trends 01:00:26 Conclusion and Upcoming Topics
Chuck Todd opens with two issues he calls “dead rail” issues; issues that voters care about but don't vote on… campaign finance reform and the national debt. He explains why both parties aren't incentivized to address either issue, and provides a brief update on the latest developments for the upcoming midterm and presidential elections.Then, he sits down with acclaimed television writer and producer Debora Cahn, the creative force behind both "The West Wing" and Netflix's hit series "The Diplomat." Cahn shares behind-the-scenes insights from her time in Aaron Sorkin's writers' room, revealing how the team worked to make "The West Wing" realistic and even infused elements of musical theater into the show. She discusses the origins and development of "The Diplomat," explaining how her experience working on "Homeland" prepared her for tackling international diplomacy, and how COVID-19 unexpectedly helped with the show's early development process.They delve into how real-world events have shaped "The Diplomat's" narrative, particularly Russia's invasion of Ukraine, which completely changed the show's plot trajectory. Cahn explores the challenges of creating "news adjacent" content in today's rapidly changing political landscape, where she notes that satire feels off-limits for this decade. She also discusses her approach to writing strong but complex female characters, the differences between working with Shonda Rhimes versus Aaron Sorkin, and how she uses storytelling to give voice to government workers. The interview touches on everything from using real UK embassy locations for filming to incorporating recent political events and the casting of Michael McKean in a Biden-inspired role.Finally, he answers listeners' questions in the Ask Chuck segment, addressing topics like the best path to learning journalism, whether Kamala Harris could lose the California gubernatorial race and how to maximize black voter turnout in the south.Timeline:00:00 Introduction00:30 The “third-rail” issues in American politics that are untouchable01:45 Medicaid is a lifeline for more than just poor people02:20 Dead rail issues are issues that you can ignore and voters don't care03:10 Voters agree on need for campaign finance reform, but don't vote on it05:00 Both parties only care about the national debt when they're out of power07:00 Voters don't care about campaign finance or the debt until it affects them09:00 The Republicans are more fiscally irresponsible than Democrats10:30 New campaign ad rolls out with purely AI generated people11:30 Senator Jeff Merkeley may step down12:30 Senator Ed Markey may face primary challenge13:00 Rahm Emmanuel attending Iowa event, could it regain 1st primary status?14:30 Debora Cahn joins the Chuck ToddCast! 15:45 How did she create "The Diplomat" and "West Wing"? 17:00 How important was it to make the West Wing realistic? 19:00 How did you infuse musical theater into West Wing? 20:15 What was the writers' room like? 22:30 How long has she been working on The Diplomat? 25:15 How did working on Homeland prepare her for The Diplomat? 28:30 The origin of The Diplomat 30:00 Covid actually HELPED with early development 31:00 Were the characters modeled off real people? 33:45 Using a real embassy for the set 36:30 Has the narrative arc changed from the original vision? 38:45 Russia's invasion of Ukraine changed the show's entire plot 40:45 Using the PM of the UK character to caricature Trump 42:15 Satire is off the table for this decade 43:30 Giving voice to government workers via storytelling 47:00 Has the UK foreshadowed trends in US politics? 48:15 The downside to being "news adjacent"? 49:45 Writing about strong women but making it messy 51:15 Working with Shonda Rhimes vs Aaron Sorkin 53:30 Whose story would she like to tell? 56:00 Traditional journalism vs. influencer culture 56:45 The Newsroom wasn't an accurate portrayal of TV journalism 58:00 What events from the past few months does she want to incorporate? 59:45 Michael McKean is great as the Biden character57:50 Chuck's thoughts on the interview with Debora Cahn 58:20 Ask Chuck 58:40 Is college or an apprenticeship better for learning journalism? 1:02:30 Could Kamala Harris lose in the primary for CA governor? 1:06:05 What can Democrats do to maximize the black vote in the south? 1:11:50 NBA playoffs reaction
Scott and Jessica sit down with Rahm Emanuel—former Chicago mayor, Obama Chief of Staff, and U.S. Ambassador to Japan—for an unfiltered conversation about the Democratic Party at a crossroads. They cover everything from Biden's health and GOP tax cuts to rising antisemitism, the education crisis, and the growing struggles facing young men. Plus, Rahm weighs in on 2028—and whether he's seriously considering a run. Follow Jessica Tarlov, @JessicaTarlov. Follow Prof G, @profgalloway. Follow Raging Moderates, @RagingModeratesPod. Learn more about your ad choices. Visit podcastchoices.com/adchoices
We're expected to find out this week exactly how Missouri Governor Mike Kehoe wants to address facilities for the Chiefs and Royals by holding a special session in Jeff City. It feels now or never for the Show Me state as even Mayor Q is publicly saying he won't be a beggar to keep the teams. What on earth is the WNBA doing allowing it's players to be publicly racist? Are they trying to kill the only good thing that's ever happened when Caitlin Clark showed up? Tom Brady did a ride along at the Indy 500 and got boo'd by the fans. His social media post afterwards wins the internet. Pete Hegseth gave one of the greatest Memorial Day speeches ever. Rahm Emmanuel has plans to move the Dem Party to the middle and Scott Pelley ruins graduation with the most self serving speech ever. The Cleveland Clinic drops a bombshell on the really, really bad flu shot and we remember Duck Dynasty's Phil Roberston.
God's Debris: The Complete Works, Amazon https://tinyurl.com/GodsDebrisCompleteWorksFind my "extra" content on Locals: https://ScottAdams.Locals.comContent:Politics, Tesla Terrorism Arrests, Lithium Mining Technology, Rahm Emanuel, SPLC, Turning Point USA, Charlie Kirk, Harvard, JD Vance, Fake Science, Financially Conflicted Science, Peer Reviewed Science Corruption, Harvard Morgue Scandal, Violent Crime Reduction, All-In Pod, David Sacks, DOGE, Congressional System Flaw, Senator Ron Johnson, US Debt Death Spiral, Sam Harris, Biden's Cognitive Decline, Mike Benz, Right Wing Populism, Ric Grenell, Kennedy Center Corruption, Cartel Politics, Scott Adams~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~If you would like to enjoy this same content plus bonus content from Scott Adams, including micro-lessons on lots of useful topics to build your talent stack, please see scottadams.locals.com for full access to that secret treasure.
In American Jewish life, few questions are as fraught — or as revealing — as this one: Is Donald Trump good for the Jews? In this launch of the SAPIR Debates, two prominent Jewish voices take opposing sides of this urgent and emotionally charged question: Jason Greenblatt, who served as Trump's Special Envoy to the Middle East and worked for him for 20 years, and Rahm Emanuel, former chief of staff to President Obama, Mayor of Chicago, and US Ambassador to Japan. Moderated by SAPIR Editor-in-Chief Bret Stephens, this is a timely, unsparing exchange on identity, power, politics — and what it means to stand with the Jews in America today. Recorded May 15, 2025, at The 92nd Street Y, New York.
Rahm Emanuel has held many titles: Congressman from Illinois, DCCC Chairman, Chief of Staff to Barack Obama, Mayor of Chicago, and Ambassador to Japan under President Biden.These days, he doesn't have an official position at the moment. But that's not stopping him from giving some very pointed advice to Democrats on every possible platform: cable TV, political shows, podcasts, late night TV, and different political conferences.So how does Rahm Emanuel think Democrats should be responding to Trump 2.0? How does the party recover from 2024 and prepare for 2028? What does a successful midterm strategy look like in 2026? And given his own, let's say, active media schedule, what are his own plans for the future?He came on to talk to Amy about all that.We recorded this conversation on Wednesday, May 14th. Sign up for our free weekly newsletter, In Brief: https://www.cookpolitical.com/in-brief-sign-upLearn more about The Cook Political Report: www.cookpolitical.com/subscribe
Chicago Way w/John Kass (05/19/25): RealClear Politics' Tom Bevan is here to discuss James Comey selling seashells by the seashore and what could be considered one of the greatest scandals in presidential history, the cover-up of Joe Biden’s health problems. John Kass & Jeff Carlin also ask Tom about Rahm Emanuel facing off against JB Pritzker in […]
As JB Pritzker goes back and forth on a third gubernatorial term and former Mayor Rahm Emanuel makes his own media rounds, speculation intensifies about whether the two Illinois politicians have plans to run for president. Reset gets the latest from WBEZ state politics reporter Dave McKinney. For a full archive of Reset interviews, head over to wbez.org/reset.
Andrew Walworth, Tom Bevan and Carl Cannon discuss Rahm Emanual's appearance on The View, where he hinted he was “in training” for a presidential run. Also, a new poll by the polling firm co/efficient shows that 26 percent of voters believe that no one is the face of the Democratic Party, tied with 26 percent who believe is it New York Representative Alexandria Ocasio-Cortez. They also talk about today's Supreme Court hearing on whether federal judges can restrict the Trump Administration's restrictions on the mandatory right to citizenship for all children born in the U.S. Plus, they chat about 3 Yale professors who say they're moving to Canada because of President Trump and Bruce Springsteen berating Trump as he starts his “Land of Hopes and Dreams” tour in England. Next, Carl talks to Peter Berkowitz, former Director of Policy Planning at the State Department, about President Trump's meeting with Syrian President Ahmed al-Sharaa, nuclear negotiations with Iran, and the idea of a “freedom zone” in Gaza administered by the U.S. And finally, Andrew talks to John Feehery, former press secretary to House Speaker Dennis Hastert, about the internal politics behind the current Congressional budget negotiations and whether the GOP will hold the House in the 2026 midterms.
This week, the Hacks welcome their old friend Rahm Emanuel —- former Chicago mayor, White House chief of staff, U.S. ambassador to Japan, and now CNN political commentator. They taxi down the runway on jet diplomacy, manufacturing strategy, and the challenge of crafting economic messages that actually land. Plus, a deep dive into the old bait-and-switch (and occasional political backstab), Biden's comms blitz, and the surprisingly spiritual side of the Windy City.
After Sean "Diddy" Combs' ex Cassie Ventura broke down on the stand making stunning claims in his sex trafficking trial, the co-hosts weigh in as our Sunny Hostin details what it was like in the courtroom. Rahm Emanuel, the former chief of staff to President Barack Obama and mayor of Chicago, discusses President Donald Trump's second term and whether he will run for president in 2028. Then, he weighs in on his recent criticism of Democrats and former President Joe Biden's appearance on “The View” last week. Actress and activist Jameela Jamil stops by to discuss how she's flipping the script on self improvement in her new podcast “Wrong Turns” and why she's speaking out against the term “aging gracefully.” Learn more about your ad choices. Visit podcastchoices.com/adchoices
Our schools have faced unprecedented challenges from the pandemic and teacher shortages to debates over curriculum and student mental health. In this final episode of Season Six, Governors Bredesen and Haslam are joined by former Florida Governor Jeb Bush, Louisiana State Superintendent of Education John White, and fmr. Chicago Mayor Rahm Emanuel to delve into the role of state and federal governments in education and discuss reforms needed to improve student outcomes.
On CNN's State of the Union, Dana Bash presses Commerce Secretary Howard Lutnick for details on Trump's trade negotiations with China and the impact tariffs are having on Americans. Then, Democratic Reps. Bonnie Watson Coleman, LaMonica McIver, and Rob Menendez join Dana to respond to the Trump administration's threat that they could be arrested after a clash with ICE officials in Newark, New Jersey. Next, former Chicago Mayor Rahm Emanuel and former New Hampshire Gov. Chris Sununu square off over the politics of Trump's trade policy. Finally, Democratic Rep. Suhas Subramanyam and CNN Political Commentators Kristen Soltis Anderson, Brad Todd, and Xochitl Hinojosa spar over Trump's latest immigration threat. Learn more about your ad choices. Visit podcastchoices.com/adchoices
This week on Sinica, I chat with veteran Wall Street Journal reporter Bob Davis, who has covered the U.S.-China relationship for decades. He recently published a new book called Broken Engagement, which consists of interviews with U.S. policymakers who were instrumental in shaping American policy toward China from the George H.W. Bush administration through the Biden administration. It's an eye-opening look at the individuals who fought for — and against — engagement with China.2:58 – Bob's thoughts on engagement: whether it was doomed from the start, when and why there was a shift, people's different aspirations for it and retrospective positioning, and whether it could have a transformative effect 13:28 – The Nancy Pelosi interview: her approach, her Taiwan visit, and her critique of capitulation to business interests17:18 – Bob's interviews with Charlene Barshefsky, Lawrence Summers, and Bob Zoellick: the WTO accession, the China shock, Zoellick's “responsible stakeholder” concept, and diplomacy as an ongoing process 27:24 – The Robert Gates interview: security-focused engagement, and his shift to realism 31:14 – Misreading Xi Jinping34:42 – Bob's interviews with Stephen Hadley and Ash Carter regarding the South China Sea 39:19 – The Matt Pottinger interview: his view on China and how COVID changed everything 46:14 – Michael Rogers' interview: cyber espionage and cyber policy 51:25 – Robert O'Brien's interview: the “reverse Kissinger” and Taiwan 54:14 – Bob's interview with Kurt Campbell: his famous Foreign Affairs essay, differentiating between decoupling and de-risking, and technology export restrictions and trade deals 59:28 – The Rahm Emanuel interview: his response to wolf warrior diplomacy1:01:57 – Bob's takeaways: the long-term vision of engagement, introspective interviewees, and his own increased pessimism Paying It Forward: Lingling Wei at The Wall Street Journal; Eva Dou at The Washington Post and her book House of Huawei: The Secret History of China's Most Powerful Company; and Katrina Northrop at The Washington Post Recommendations: Bob: The TV series Derry Girls (2018-2022) and Curb Your Enthusiasm (2000-2024); and Margaret O'Farrell's novels, including Hamnet and The Marriage Portrait Kaiser: The BBC and Masterpiece series Wolf Hall: The Mirror and the Light See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This is a free preview of a paid episode. To hear more, visit wisdomofcrowds.liveTrump has been in office for one hundred days, and Damir Marusic thinks America deserves him: “I do tend to intuitively see Trump and Trumpism as a correction on a social order that has lost its way and is somehow badly out of tune,” Damir wrote earlier this week. “Something is broken and unsustainable, and has been so for a while.”Christine Emba and Shadi Hamid have questions. Why is Damir still “ebullient” (his words) and “giddy” (also his words) about the current political situation? Why does Damir still believe that Trump is “a symptom, not a cause” of the nation's problems? In response, Damir argues that “immigration and the war in Ukraine” are two of the issues that the Democrats were not addressing and that were unsustainable in the status quo.Shadi, for his part, feels much more appalled by Trump than he ever expected he would be, and is rediscovering is “left populist” roots. Christine offers an interesting couterfactual: “Not totally joking here … four to eight years of a sort of Kamala Harris-led Democratic party with, you know, a tech alliance could have eased us into sort of Brave New World-esque Soma-induced quiescence once AI had grown up a little bit and the Internet and mega-tech corporations were given even more power.”Ultimately, disagreements emerge: Christine believes that the Democrats, for all their faults, still follow the basics of rule of law — unlike Trump — and she argues that what Damir thinks of us a failed system might actually be, for most people, just the normal, mediocre running of a democracy. Shadi ponders the Great Man theory of history, and argues with Damir about whether history is determined or whether free will plays a role. In our bonus section for paid subscribers, Christine muses on the importance of TikTok in American politics; Damir utters the phrase, “nation of Trumps”; Damir argues that, without Trump, “by 2030 we'd be constitutionally in the same place”; Shadi argues that “postponing the inevitable seems good”; Christine muses on the theoretical reign of President Rahm Emmanuel; the gang discusses whether the GOP is an effective political party; and more!Required Reading:* Damir's Tuesday Note: “We Deserve It All” (WoC).* “ ‘I never thought leopards would eat MY face,' sobs woman who voted for the Leopards Eating People's Faces Party.” (X).* Ross Douthat, “Donald Trump, Man of Destiny” (New York Times).* First Trump inaugural address (possibly written by Steve Bannon): “American Carnage” (White House Archives).* Pat Buchanan's 1992 “Culture War” RNC convention speech (C-Span).* Joseph De Maistre, Considerations on France (Archive.org) * Second Lincoln inaugural address (Constitution Center).* “Fact Check: Did Biden Ignore Supreme Court Over Student Loan Forgiveness?” (Newsweek).* Aldous Huxley, Brave New World (Amazon). * Great Man theory of history (Wikipedia). Free preview video:Full video for paid subscribers below:
President Trump takes a victory lap on his first 100 days in office, as the consequences of those hundred days add up. Tonight's guests include Democratic Sen. Chris Murphy, New York Times White House correspondent Maggie Haberman, former Obama chief of staff Rahm Emanuel, and presidential historian Doris Kearns Goodwin. Plus, a storied and deeply significant ally of the civil rights movement is gutted, as the Justice Department lawyers who work there who have led that fight depart en mass. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Alan's Soaps https://www.AlansArtisanSoaps.comUse coupon code TODD to save an additional 10% off the bundle price.Bioptimizers https://Bioptimizers.com/toddEnter promo code TODD to get 10% off your order of MassZymes today.Bizable https://GoBizable.comUntie your business exposure from your personal exposure with BiZABLE. Schedule your FREE consultation at GoBizAble.com today. Bonefrog https://BonefrogCoffee.com/toddThe new GOLDEN AGE is here! Use code TODD at checkout to receive 10% off your first purchase and 15% on subscriptions.Bulwark Capital Bulwark Capital Management (bulwarkcapitalmgmt.com)Get a second opinion on the health of your retirement portfolio today. Schedule your free Know Your Risk Portfolio review. go to KnowYourRiskRadio.com today.Renue Healthcare https://Renue.Healthcare/ToddYour journey to a better life starts at Renue Healthcare. Visit https://Renue.Healthcare/ToddThe Todd Herman Show - Podcast - Apple PodcastsThe Todd Herman Show | Podcast on SpotifyTodd Herman - The Todd Herman Show - YouTubeDemocrats are playing The Long Term Rage Game. Here's how those liberal women are paying the price for it.Episode Links:Claim that white people aren't angry enoughLeftist is having a mental breakdown because she now has to pay her student loan back.UNHINGED: The white liberal women in the Democrat Party have embraced the craziest issues and alienated even the most loyal, but rational Democrats like Rahm Emanuel. Here is Podcaster Jennifer Welch demonstrating.Nina Jankowicz to the European Parliament: "Before I describe the details of Russia's recent online influence campaigns, I would like to call upon you to stand firm against another autocracy: The United States of America."CNN blurred out the faces of the deported, criminal illegal aliens at the White House… Because CNN wants to protect criminal illegal aliens.
Craig Collins in for Tony Katz Vatican getting ready for the Pope’s funeral. DC Swamp continues to go after Hegseth Popcorn Moment: Dems eating their own. Liberal woman podcaster rips into Rahm Emanuel. Marketplace: Scared Lawn Rabbit. Kelly Stafford doesn’t understand why NFL draft participants are showing up with women who they’re likely not going to be with for very long. See omnystudio.com/listener for privacy information.
Craig Collins in for Tony Katz The View doesn’t like the “baby bonus” proposed by Trump. What are women embarrassed by, and men aren’t? WI Gov throws football poorly, and puts it on social media. Trump says we are negotiating with China, despite press reports. Guy in the UK bought car that was stolen from him. Vatican getting ready for the Pope’s funeral. DC Swamp continues to go after Hegseth. Popcorn Moment: Dems eating their own. Liberal woman podcaster rips into Rahm Emanuel. Marketplace: Scared Lawn Rabbit. Kelly Stafford doesn’t understand why NFL draft participants are showing up with women who they’re likely not going to be with for very long. School board races will now be partisan here in Indiana. Baby rave parties. Married Americans are much more romantic on vacations. Trump first 100 days coming. Scratch and sniff billboard in New York See omnystudio.com/listener for privacy information.
Elon Musk's star is in retrograde following Tesla's abysmal earnings report. This as Trump continues to take a sledge hammer to the IRS and other federal agencies. We have Merici Vinton on the show today, who is a former staffer at the U.S. Digital Service Department, which became absorbed by DOGE when Donald Trump took office. She's also a former adviser at the IRS. Check out her recent piece in the Federation of American Science: https://fas.org/publication/end-of-irs-direct-file/ In the Fun Half, Sam revels in podcaster Jennifer Welsh shouting at Rahm Emmanuel for throwing trans people under the bus when talking about what issues Democrats should focus on. Jordan Peterson and Joe Rogan lament the negative impact that Trump's policy are having on the upcoming Canadian election. As always, Peterson is wearing a very silly suit. Also, Republican Congressman Byron Donaldson gets shouted at at a town hall in Florida by constituents who are PISSED about Elon Musk and DOGE. If you want to help save the SAFE Act in North Carolina, check out https://progress.win/eac Become a member at JoinTheMajorityReport.com: https://fans.fm/majority/join Follow us on TikTok here!: https://www.tiktok.com/@majorityreportfm Check us out on Twitch here!: https://www.twitch.tv/themajorityreport Find our Rumble stream here!: https://rumble.com/user/majorityreport Check out our alt YouTube channel here!: https://www.youtube.com/majorityreportlive Gift a Majority Report subscription here: https://fans.fm/majority/gift Subscribe to the ESVN YouTube channel here: https://www.youtube.com/esvnshow Subscribe to the AMQuickie newsletter here: https://am-quickie.ghost.io/ Join the Majority Report Discord! https://majoritydiscord.com/ Get all your MR merch at our store: https://shop.majorityreportradio.com/ Get the free Majority Report App!: https://majority.fm/app Go to https://JustCoffee.coop and use coupon code majority to get 10% off your purchase! Check out today's sponsors: Delete Me: Text MAJORITY to 64000 for 20% off your DeleteMe subscription Ritual: Get 25% off during your first month. Visit ritual.com/MAJORITY to start Ritual or add Essential For Men to your subscription today. Aura: Exclusive $35-off Carver Mat at AuraFrames.com. Promo Code MAJORITY Naked Wines: To get 6 bottles of wine for $39.99, head to NakedWines.com/MAJORITY and use code MAJORITY for both the code AND PASSWORD Follow the Majority Report crew on Twitter: @SamSeder @EmmaVigeland @MattLech @RussFinkelstein Check out Matt's show, Left Reckoning, on Youtube, and subscribe on Patreon! https://www.patreon.com/leftreckoning Check out Matt Binder's YouTube channel: https://www.youtube.com/mattbinder Subscribe to Brandon's show The Discourse on Patreon! https://www.patreon.com/ExpandTheDiscourse Check out Ava Raiza's music here! https://avaraiza.bandcamp.com/ The Majority Report with Sam Seder – https://majorityreportradio.com/
Rahm Emanuel joins Jen in having tough conversations about the Democratic party. Josh Welch subs in for a sick Pumps.Pre-order our new book, join our Patreon Cult, and more by clicking here: https://linktr.ee/ivehaditpodcast.Thank you to our sponsors:Shady Rays: Go to http://shadyrays.com and use code Hadit for 35% off polarized sunglasses.Mixtiles: Get 35% off on all orders above $139 @Mixtiles with code Hadit at https://www.mixtiles.com/Hadit #MixtilespodiRestore: Reverse hair loss with @iRestorelaser and unlock HUGE savings on the iRestore Elite with the code Hadit at https://www.irestore.com/Hadit! #irestorepodASPCA Pet Insurance: To explore coverage, visit https://www.aspcapetinsurance.com/HADIT. The ASPCA® is not an insurer and is not engaged in the business of insurance.Homes.com: When it comes to finding a home - not just a house - we have everything you need to know, all in one place. https://homes.com. We've done your home work.Follow Us:I've Had It Podcast: @IvehaditpodcastJennifer Welch: @mizzwelchAngie "Pumps" Sullivan: @pumpspumpspumpsSpecial Guest: Rahm Emanuel @rahmemanuelSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Rod and Karen banter about Rod being right about NBA ratings. Then they discuss the return of student loan collections returning, 60 Minutes producer resigns, Larry David mocks Bill Maher, Andrew Schulz explains why he's a conservative, Rahm Emanuel gets shut down, Ben Stiller defends "Sinners" against Variety, Florida woman attacked by raccoon, man gets 3rd DUI driving the wrong way down a one way, substitute teacher lets students fight and sword ratchetness. Twitter: @rodimusprime @SayDatAgain @TBGWT Instagram: @TheBlackGuyWhoTips Email: theblackguywhotips@gmail.com Blog: www.theblackguywhotips.com Teepublic Store Amazon Wishlist Crowdcast Voice Mail: 704-557-0186 GuessTheRace – https://www.youtube.com/@GuessTheRace GuessTheRace – https://www.tiktok.com/@guesstherace?lang=en GuessTheRaceGame – https://www.instagram.com/guesstheracegame/Go Premium: https://www.theblackguywhotips.com/premium/See omnystudio.com/listener for privacy information.
It's Monday, April 21st, A.D. 2025. This is The Worldview in 5 Minutes heard on 125 radio stations and at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Adam McManus New law criminalizes praying with someone about gender, sexuality identity On April 4, the Australian state of New South Wales began enforcing a new law criminalizing anti-conversion therapy, which now includes praying with someone about their gender or sexual identity and even encouraging abstinence for homosexual Christians, reports International Christian Concern. On the website “Anti-Discrimination New South Wales,” a government body that administers and investigates anti-discrimination, they note that “praying with or over a person with the intent to change or suppress their sexuality or gender identify is unlawful … even if that person has asked you to pray for them to be able to change or suppress their sexuality or gender identity.” The law – known as the New South Wales's Conversion Practices Ban Act 2024 -- is part of a trend of laws that seek to outlaw so-called “conversion therapy,” the clinical practice of helping someone embrace their God-given sexuality and gender. What makes the law different is how broadly “conversion therapy” is defined beyond a traditional clinical setting. In an interview with The Washington Stand, Arielle Del Turco, director of the Center for Religious Liberty at the Family Research Council, said, “This is a terrible new law in this Australian state, and they aren't even trying to hide it. According to the state government's own admission from their website, this law will prevent a pastor or any believer from praying with someone who is asking for prayer for freedom from gender identity issues.” Genesis 1:27 says, "So God created man in His own image, in the image of God He created him; male and female He created them." Italy's top court scraps ‘mother' and ‘father' on ID cards Italy's Supreme Court of Cassation has restored the use of “Parent 1” and “Parent 2” on Italian ID cards because it deemed that calling parents ‘father' and ‘mother' is discriminatory against homosexual couples, reports the European Conservative. To her credit, conservative Italian Prime Minister Giorgia Meloni had announced the return of the terms “father” and “mother” on identity documents back in 2023. Supreme Court blocks deportation of illegal Venezuelans On Saturday, the Supreme Court temporarily blocked the Trump administration from deporting an unspecified number of illegal Venezuelan men, currently in immigration custody, who are alleged to be members of a criminal gang, reports The Epoch Times. The order was issued after the American Civil Liberties Union filed an emergency request on behalf of its Venezuelan clients late on April 18 asking the Supreme Court to immediately block the Trump administration from deporting the clients. On March 14th, President Donald Trump signed Proclamation 10903, in which he officially declared that Tren de Aragua, a designated foreign terrorist organization, “is perpetrating, attempting, and threatening an invasion or predatory incursion against the territory of the United States.” The president invoked the Alien Enemies Act to authorize the “immediate apprehension, detention, and removal” of members of the group who are Venezuelan citizens 14 years of age or older and who are not U.S. citizens or lawful permanent residents of the United States. Democrats want to visit El Salvador's prison housing deported illegals Democrats in both chambers of Congress are working to organize delegations to El Salvador to see the prison where President Trump is sending these violent illegal immigrants. Initially, El Salvadoran President Nayib Bukele built the prison in 2022 as part of a response to surging gang violence in El Salvador, according to National Public Radio. Each cell can fit 65 to 70 prisoners, and the prison has a capacity of 40,000 inmates. Trump asked Bukele to build five identically-sized prisons to receive more violent illegal immigrants from America. The deported Venezuelan illegals are living in the same conditions as convicted gangsters. Democrat Representatives Delia Ramirez (D-Ill.), Robert Garcia (D-Calif.) and Maxwell Frost (D-Fla.) as well as Democrat Senator Cory Booker (D-N.J.) are the politicians who want to fly to El Salvador. However, House Homeland Security Committee chair Mark Green, a Republican from Tennessee, said he wouldn't grant their request, reports Axios. CNN conservative commentator Scott Jennings explained that this kind of move by the Democrats is why they only have a 21% approval rating by the American public. JENNINGS: “First of all, I'm more than happy to hear the Congressman say they're all going to El Salvador. I think for Republicans, this just confirms what we have believed about the Democratic Party and why it currently has a 21% approval rating in Congress. “Look where the energy in the Democratic Party is. It's around retrieving illegal aliens from El Salvador. It's around fighting for these college campuses that have been rife with anti semitism. It's around biological males who want to play in girls' sports. “This is why they are losing to Donald Trump every day, because the energy that Democrats feel comes on all these issues that are fundamentally not where the American people are.” Rahm Emmanuel wants to run for President In the world of politics, Democrat Rahm Emanuel has done a lot. Not only did he serve as President Bill Clinton's Senior Advisor for policy and strategy and as U.S. Congressman from Illinois for three terms, but Emmauel was President Barack Obama's White House Chief of Staff, served as mayor of Chicago, and most recently was the United States ambassador to Japan. Now, Rahm Emmanuel wants to be president. In a recent speech, he said, “I am done with the discussion of locker rooms. I am done with the discussion of bathrooms. We better start having a conversation about the classroom,” drawing applause as he alluded to a new study showing more than two-thirds of eighth graders can't read at grade level. Texas House greenlights $210 million to support pregnant women To hear it from abortion activists, pro-life Americans don't care about women and children – especially after banning abortions. But in the state of Texas that notion is totally false, reports LifeNews. On April 11th, Texas lawmakers gave preliminary approval to $210 million in support for pregnant moms. Texas Right to Life explained, “The Texas House voted to fully fund life-saving nonprofits at $210 million in the Thriving Texas Families program. These providers help mothers choose Life by offering baby materials (like diapers and formula), counseling, and job skills training. This victory isn't about dollars. It's about the children and families rescued from abortion.” Jeremiah 1:5 says, “Before I formed you in the womb I knew you, before you were born I set you apart.” Close And that's The Worldview on this Monday, April 21st, in the year of our Lord 2025. Subscribe for free by Amazon Music or by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.
Rahm Emanuel has never been short on opinions—or jobs. He’s been a senior advisor to President Clinton, Chief of Staff to President Obama, a three-term Congressman, and Mayor of Chicago. Most recently, he served as the U.S. Ambassador to Japan. Now, he’s back stateside and full of ideas. From how to get the Democratic party back on track to protecting American democracy, Rahm joins Katie for a candid conversation—and may be the very first politician ever to honestly answer the question: are you running for president?See omnystudio.com/listener for privacy information.
Tara is joined by Rahm Emanuel to look at what he feels are the past mistakes of the Democratic Party and what needs to change moving forward. They discuss Joe Biden's decision to not seek reelection, President Trump invoking antisemitism to defund universities, and Emanuel's own political aspirations. For more of Tara's independent journalism, subscribe to her newsletter The Red Letter here on Substack! Host: Tara Palmeri Guest: Rahm Emanuel Producers: Mike Wargon and Chris Sutton Production Supervision: Conor Nevins Learn more about your ad choices. Visit podcastchoices.com/adchoices
It's always interesting to find out that public figures can be as obsessed with fly fishing as we are. People like Harrison Ford, Jeff Daniels, Tucker Carlson, Bette Midler, Jimmy Kimmel, and Dick Cheney are all serious fly fishers. (And no, I don't have any of them on tap for my podcast). But Rahm Emanuel [37:25] is a dedicated listener to this podcast, and when I had a chance to interview him I took it. There is no politics in this podcast interview—just a fanatic fly fisher who talks about why he loves it, how he finds time in his busy life to go fly fishing, and what excites him the most about it. This was a lively and fun interview with a fair amount of good-natured ribbing. In the Fly Box this week I have no voice files to play (hint, hint) but lots of great e-mails with interesting questions and a few tips from listeners, including: A listener looks for advice on how to carry his fishing gear on a plane. How do I fish plunge pools? Why don't I catch anything in the deep spot below the waterfall? What rods do I need for fishing both small streams in Smoky Mountain streams and steelhead fishing in Ohio? A listener gives advice on the Orvis Dropper Rig Fly Box and why you need to check local regulations before you use a 3-fly rig. A listener relates a story of his great customer service experience Why did trout smash my size 20 dry fly but not connect? Will smallmouth bass and rainbow trout hold in the same water? What knots do you recommend for different presentations and why? What is the best way to get my fly under the mangroves without hanging up?
MeidasTouch host Ben Meiselas reports on Japan getting pissed off at Trump's attacks on them and Meiselas interviews Ambassador Rahm Emanuel on the implications of Trump's plans and the signal-gate scandal as Emanuel served as the former Ambassador to Japan, he was the former Mayor of Chicago, and former Chief of Staff to President Obama. Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices
John is joined by Massachusetts Democratic congressman Jake Auchincloss to discuss how his party is handling the clash over a government shutdown and the broader challenges of Donald Trump's second term. Jake argues that voting for the Republican measure to fund the government is a mistake in terms of both policy and politics; the freakout in the worlds of business and finance about Trump's trade war is nothing compared to what we'll see when (Jake predicts) Trump tries to take over the Fed; the cowering of Speaker Mike Johnson before Elon Musk is “pathetic”; and ordinary voters are “livid” about Trump's nastiness towards Volodymyr Zelensky and cozying up to Vladimir Putin. Jake also avers that Rahm Emanuel has it right when he says his party should spend more time talking about what goes on in America's classrooms than its locker rooms or bathrooms. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Bill Maher and his guests answer viewer questions after the show. (Originally aired 2/28/25) Learn more about your ad choices. Visit podcastchoices.com/adchoices
Bill's guests are Hon. Chrystia Freeland, Rahm Emanuel, Fareed Zakaria (Originally aired 2/28/25) Learn more about your ad choices. Visit podcastchoices.com/adchoices