The criminal cabal is "selecting" what businesses can stay open. And they are giving preference to their criminal partners that sell lots of chinese communist party goods. Think about the large big box stores that got to stay open during the plandemic scamdemic, they are all supplied by ccp and have investors like the big three: Blackrock, State Street, and Vanguard. This is fascism being played out in current day world, and best believe, it is intentional! The criminals goal is to destroy people, small businesses, children, the environment, and the relationship YOU can have with Almighty GOD! Do not let the criminals succeed!!!________________________NEO420 = Real News + Real Information for WE THE PEOPLEWE THE PEOPLE are at war with the deepstate criminal cabal!!!Turn off your tv, radio, and stop listening to paid professional liars spreading propaganda.***SUPPORT Independent Free Speech Reporting***- Here is our donate option belowhttps://www.paypal.com/donate/?hosted_button_id=URXRDL6AJ8H7GThank you for the SUPPORT & SHARING the TRUTH!!!Go to GOD for discernment and wisdom.Know the Truth as the Truth will make you free! (John 8:32)___________________________Listen and learn as we have an extensive coverage within our reporting and analysis. The link is here http://neo420.com/talks-podcast/The link to our video channel is here. https://odysee.com/@NEO420TALKS:4The Viral Delusionhttp://www.theviraldelusion.com/IT IS TIME FOR WE THE PEOPLE OF THE WORLD TAKE DOWN the criminal cabal. WE know who they are, and now it is time to bring them to JUSTICE!!!_______________________________NEVER FORGET!!!9/11 was a day that global*cabal*conspired to take our freedoms!!!Rumsfeld admitted $2.3 Trillion missing from Pentagon. https://odysee.com/@NEO420TALKS:4/rumsfeld-2.1Trillionunaccountedforb-ccriminalsstoleit:7Planes did NOT bring down the two towers.AE911Truth.orgGeorge Bush Sr was CIA director before being Vice President then President. MANY are a part of this crime against US.Towers that fell:-Building 1-Building 2-Building 7 (seldom reported even though BBC reporter reported building down before it happened) https://www.youtube.com/watch?v=J0VFMqinkcsSupport the show
Sponsored by: http://www.PMTLIFESTYLE.COMOptimize Your Training With: ONNIT Supplements: https://bit.ly/pmt-onnit--In this episode, we catch up with Sammy "The Bull" Mongonia! We've had the pleasure of watching him come up through the ranks the past 10 years as friends. As he's still competing at 36 years old and stepping into running his own business, you can hear more about what it takes to be doing what we do.Sammy also reviews with us over the very controversial match he recently participated in Vermont, where the ring official appeared to have forgotten that he was officiating a PROFESSIONAL MUAY THAI FIGHT. Sammy is professional as always, but there is no excuses anymore for ring officials being like this!You can watch a sizzle reel of the fight to see what we are discussing here: https://youtu.be/2p9nKkq3SRQTune in and hear all about it! Follow Sammy here: https://www.instagram.com/sammythebullmongonia/Follow Sammy's Muay Thai here: https://www.instagram.com/sammysmuaythai/--
The girlies take Santa Boobie! And things go off the RAILS! You've been warned…LET's get one thing straight, this is a motel. Hungover and it's a vibe, termites in the pool, State Street reminiscing, love a lounge, Megan wants to live on Love Island, the great heat wave 2022, lobby bathroom hack, Megan is an SB veteran, colonial times turtle vs. rat-ta-ta-tat turtle?! Caramel as an APPETIZER?! FUCK OFF. Where the fuck is Barvaria even? Megan blackmail times ten, Sharkey's or Malarkey's, we don't know! Maddie's 18 year old blast from the past, vodka & alka seltzer is the drink of the season, anxiety and hangovers are besties, 3 little dance party babies, the GenZ girl named could, Mr.Peanut Butter…The man, the myth, the golden retriever, PHILLIP! Megan has never been more embarrassed, Madie is scared of adult twins, Megan doesn't know the diff between Dumb&Dumber and The Shining, Made & Erica got in a fight :/ obviously about water… “If I wanna do the chicken dance to Lil' John, I will.” -Madison Stemler Submit a story! Instagram: @30flirtyflailingpod Email: email@example.com *Recorded 9/04/22
Sponsored by: http://www.PMTLIFESTYLE.COMOptimize Your Training With: ONNIT Supplements: https://bit.ly/pmt-onnit--In this episode, we discuss why Doctors & Lawyers are training Muay Thai, not to mention big tech and corporate America!We've seen a big trend coming over the past couple of years and we want to help share this with those that may not be aware of it. It's a big benefit for employers to support their team with Martial Arts training if possible. We are seeing more and more companies subsidize training for their staff, and you can listen in to hear why!--
This is your WORT local news for Tuesday, September 13.The UW System's free speech survey will be going ahead this semester…A new report from a UW Madison think tank shows support for unions is on the rise in Wisconsin…And in the second half, we assess the current state of State Street, search for palm warblers, and bend the way we look at space.
Growing up in the Belgrade Lakes region of Maine, Emily McConnell considered Portland to be “the big city.” Though she felt a certain attraction to its urban energy, Emily did not yet have a sense that she would one day be contributing to its evolution. Maine's largest municipality has experienced increased attention nationally in recent years, both for its liveability and for its economic opportunities. Anticipating the increased demand for housing options, the NewHeight Group has been at the center of several exciting projects, including the conversion of the former Northern Light Mercy Hospital building on State Street. NewHeight partner Emily McConnell has been actively engaged in this transformation, while simultaneously working toward her own, very significant professional transformation. Hear Emily's reflections on change on today's episode of Radio Maine.
Double Booked is a monthly series, available to my Superstars patrons, where a co-host and I each share our own book recommendations in the same format as the big show (2 old books we love, 2 new books we love, 1 book we didn't love, and 1 upcoming release we're excited about). In these more candid episodes, I talk more about my own reading, and share tons of books that I don't share on any other public forum. Catherine of Gilmore Guide to Books and Susie from Novel Visits alternate months co-hosting with me. This post contains affiliate links, through which I make a small commission when you make a purchase (at no cost to you!). As a Superstars patron, you'll get access to the Double Booked monthly bonus podcast series Double Booked, Summer Shelves (the annual companion to my Summer Reading Guide) my annual Rock Your Reading Tracker. Get more details about all the goodies available to all patrons (Stars and Superstars) and sign up here! Highlights Catherine brings some books that are “so far under the radar, they're off the grid.” Sarah has some wide-ranging picks with 4 own-voices stories and genres outside her comfort zone. Plus, both new releases are publishing next week! So, you won't have to wait long for them. Sarah's & Catherine's Book Recommendations [4:49] Two OLD Books They Love Sarah: Furia by Yamile Saied Mendez | Amazon | Bookshop.org [9:50] The Idea of You by Robinne Lee | Amazon | Bookshop.org [16:43] Catherine: Nine Women, One Dress by Jane L. Rosen | Amazon | Bookshop.org [6:15] Hotel Du Lac by Anita Brookner | Amazon | Bookshop.org [13:21] Two NEW Books They Love Sarah: Last Summer on State Street by Toya Wolfe | Amazon | Bookshop.org [25:23] Bad City by Paul Pringle | Amazon | Bookshop.org [33:46] Catherine: Calling for a Blanket Dance by Oscar Hokeah | Amazon | Bookshop.org [21:00] The Pink Hotel by Liska Jacobs | Amazon | Bookshop.org [29:41] One Book They DIDN'T LOVE Sarah: The Arc by Tory Henwood Hoen | Amazon | Bookshop.org [43:28] Catherine: Counterfeit by Kirstin Chen | Amazon | Bookshop.org [40:30] One NEW RELEASE They Are Excited About Sarah: People Person by Candice Carty-Williams (September 13) | Amazon | Bookshop.org [50:08] Catherine: Dinners with Ruth by Nina Totenberg (September 13) | Amazon | Bookshop.org [47:25] Other Books Mentioned Firekeeper's Daughter by Angeline Boulley [11:27] The View Was Exhausting by Mikaella Clements and Onjuli Datta [20:20] How to Fake It in Hollywood by Ava Wilder [20:22] Red, White & Royal Blue by Casey McQuiston [20:24] American Royals by Katharine McGee [20:25] Saving Ruby King by Catherine Adel West [27:04] Transcendent Kingdom by Yaa Gyasi [27:11] This Is My America by Kim Johnson [27:13] Deacon King Kong by James McBride [28:20] Crazy Rich Asians by Kevin Kwan [31:57] We Keep the Dead Close by Becky Cooper [37:48] Catch and Kill by Ronan Farrow [38:01] Joan by Katherine J. Chen [40:35] The One by John Marrs [45:55] Queenie by Candice Carty-Williams [50:31] Unlikely Animals by Annie Hartnett [53:09] About Catherine Gilmore Blog | Facebook | Twitter | Instagram Catherine started The Gilmore Guide to Books over 10 years ago after wrapping up a career as a corporate librarian. She loves books and reading (surprise!) and currently lives in Seattle, WA.
Greg Bach co-hosts. American adults are in a friendship recession but, why? Madison's vibrant Night Market. Wisconsin's historic love of beer and the UW nurse strike is coming. Hour 1 TBD if America is in an economic recession but turns out we are in a friendship recession. Especially men. One small thing you can do to change that? Check in on an old friend. Tiffany Kenney talks to us about the return of the Madison Night Market September 8th starting at 4pm on State Street. Hour 2 Who does the American Flag belong to these days? It's National Beer Lovers Day - a deep seated tradition in Wisconsin. So deep that Old World Wisconsin debuted an entire Brewing Experience in 2022. Rob Novak joined to talk about what it's like to brew beer like is 1899. They have plenty of events you can attend this fall and kids get in free in September (but you still have to be 21 to drink the beer). Hour 3 Evers announced an unlikely education budget wishlist and we ask "What's really news in Wisconsin when you have a divided government?" We never claimed to be a pop culture show, but we can't even escape the 'Don't Worry Darling' drama. UW Health nurses, Will Kiesling and Sarah Quinn, join to talk the pending nurses strike. You can find more information and how to support them here: supportUWnurses.org Music from today's show can be found on As Goes Wisconsin's Spotify playlist. We love hearing from you! Got a topic you think we should cover? Have an idea for a guest we should have on? Want to leave us feedback? Let us know!
In this brief podcast, Mark Anderson expounds on the concerns of 19 American Attorneys General (chief law officers of states) who wrote to BlackRock CEO Larry Fink over concerns that the world's top index-fund management companies are becoming too powerful and engineering the world according to a a global agenda and not for the best possible investment returns for US pensions. Out of this analysis emerges serious concerns that "Twelve Emperors"—funds including BlackRock, State Street and Vanguard—could soon rule the world in several key ways, as warned of by Harvard's John Coates and even the Financial Times. Read the write-up at: https://www.ukcolumn.org/article/19-us-attorneys-general-fed-up-with-blackrocks-brazen-efforts-to-function-as-a-private
Are America's energy companies being distracted from creating shareholder value by Environmental, Social and Governance mandates (ESG) ? And do the large asset managers like BlackRock, Vanguard and State Street for instance with $20 Trillion of assets under management wielding too much power in corporate boardrooms and shareholder meetings and out step with average American investors ? Is Excellence Capitalism the antidote to getting America's companies back to basics ? --- Send in a voice message: https://anchor.fm/james-herlihy/message
From working in telecom to firefighting to being a lawyer to being a corporate executive, Stacy Belf always put service to others above anything else. She didn't necessarily even have to have the experience for some of those jobs, but she put in the effort. She did her research well before the interview and talked to people in the business. Her passion for helping people is what drove her to accomplish all these great things. Join J.R. Lowry as he talks to Stacy about the many different career paths she took in her life. Right now, Stacy is the Head of Consultant Relations for State Street. But before that, she worked in telecom and as a firefighter. Then while being a firefighter, she went into law school to become a federal prosecutor. Discover how she used all the skills that she learned to further excel in her job. Start mastering all your skills today!
Sponsored by: http://www.PMTLIFESTYLE.COMOptimize Your Training With: ONNIT Supplements: https://bit.ly/pmt-onnit--In this episode, we have Bryan Popejoy of Boxing Works. Bryan is known as a big name trainer in Muay Thai, but he's a very low-key person. He's trained world champions in Muay Thai such as Janet Todd as well as produced high-level coaches in striking.We discuss how Bryan discovered Muay Thai, the hurdles of finding information of Muay Thai as he was coming up as well as what the mindset of newer students of Muay Thai should consider as well... of course we talked about punk music as well.Be sure to follow Boxing Works on Instagram: https://www.instagram.com/boxingworks/Boxing Works Website: https://boxingworksofficial.com/--Also, we are running for BEST OF VENTURA COUNTY for the 1st time ever! You can vote for us here, we are in category # 56 - VOTE HERE: https://bit.ly/pmt-bestofIt's absolutely FREE to vote, and takes just 2 minutes - it would mean the WORLD to our team if we won this... we'd celebrate big time.--
CNBC's Leslie Picker spoke with Tom Lydon, Vice Chairman of VettaFi, Tim Johnston, Blue Horizon Capital Partner and Matt Bartolini, Head of SPDR Americas Research at State Street. They discussed last week's historic passage of the Inflation Reduction Act and its resounding implications for the energy industry at large. What will the policy impact be and how can investors get exposure to the new energy economy? They also took a look at ETF flows since the June bottom to get a read on investor sentiment amid a possible Federal Reserve pivot.
Sponsored by: http://www.PMTLIFESTYLE.COMOptimize Your Training With: ONNIT Supplements: https://bit.ly/pmt-onnit--In this episode, we have a special guest coming in from Phuket, Thailand! Celest Hansen is #1 ranked in WBC Muay Thai currently and is a part of the Road To ONE series on Fairtex Fight promotions.We cover everything from how Celest got started in Muay Thai, her life growing up in a traveling family, feet pics (LOL), and future goals in her career.Be sure to follow Celest on Instagram: https://www.instagram.com/celestthebest7/Also, we are running for BEST OF VENTURA COUNTY for the 1st time ever! You can vote for us here, we are in category # 56 - VOTE HERE: https://bit.ly/pmt-bestofIt's absolutely FREE to vote, and takes just 2 minutes - it would mean the WORLD to our team if we won this... we'd celebrate big time.--
Sponsored by: http://www.PMTLIFESTYLE.COMOptimize Your Training With: ONNIT Supplements: https://bit.ly/pmt-onnit--In this episode, we have a special guest segment with 2x ONE Championship World Champion, Janet Todd, as she came by the Ventura academy to get some bag work in as she came through Ventura. She just came off a spectacular win over Lara Fernandez and talks about her upcoming fights in the future as well as a message for young women in the sport.Another HOT TOPIC: how to approach a sparring partner who spars too hard!Also, we are running for BEST OF VENTURA COUNTY for the 1st time ever! You can vote for us here, we are in category # 56 - VOTE HERE: https://bit.ly/pmt-bestofIt's absolutely FREE to vote, and takes just 2 minutes - it would mean the WORLD to our team if we won this... we'd celebrate big time.--
Charlotte-Mecklenburg Schools is apparently running employees through an online "implicit bias" test. Pete took the test (for the third time in his life), and learned he has no preference for either European Americans or African Americans. Of course, the Church of Wokism would deem this proof that a person "doesn't see color" and is, therefor, still racist. It's a similar trap being used in our financial markets and corporate boardrooms to advance leftist policies using taxpayer money. It's called ESG - which stands for Environment, Social Justice, and Governance. Elected officials in 19 states are now looking at potential criminal violations by fund managers like Black Rock, Vanguard, and State Street that use ESG to, essentially, boycott companies. And now there's a competitor to the ESG collusion. Entrepreneur, author, and founder of Strive Asset Management Vivek Ramaswamy launched an energy index to combat ESG and boost U.S. energy production. He says it has already raised over $100 million. Get exclusive content here!: https://thepetekalinershow.com/See omnystudio.com/listener for privacy information.
In Episode 120, Catherine of Gilmore Guide to Books and I circle back to the books we shared in the Summer 2022 Book Preview — now that we've actually had a chance to read them. Returning to our 12 summer releases, we take a look at what worked and what didn't. Also, with both of our personal lives demanding more of our attention lately, our reading lives have definitely been impacted. This post contains affiliate links through which I make a small commission when you make a purchase (at no cost to you!). Highlights Sarah had a 5 star book! Catherine and Sarah share their Summer 2022 reading stats and success rates. The best and worst picks from the Summer 2022 Book Preview. Books We Read Before the Preview [6:38] Sarah's Picks: The Displacements by Bruce Holsinger (July 5) | Amazon | Bookshop.org[7:20] Dirt Creek by Hayley Scrivenor (August 2) | Amazon | Bookshop.org [9:27] Summer 2022 Circle Back [6:38] June Sarah's Picks: These Impossible Things by Salma El-Wardany (June 7) | Amazon | Bookshop.org [14:59] The Measure by Nikki Erlick (June 28) | Amazon | Bookshop.org [22:19] Catherine's Picks: Nightcrawling by Leila Mottley (June 7) | Amazon | Bookshop.org [11:10] Tracy Flick Can't Win by Tom Perrotta (June 7) | Amazon | Bookshop.org[17:40] Girls They Write Songs About by Carlene Bauer (June 21) | Amazon | Bookshop.org [29:03] July Sarah's Picks: Crying in the Bathroom by Erika L. Sánchez (July 12) | Amazon | Bookshop.org [32:49] The Work Wife by Alison B. Hart (July 19) | Amazon | Bookshop.org [40:30] Catherine's Picks: Fellowship Point by Alice Elliott Dark (July 5) | Amazon | Bookshop.org[36:45] Sirens & Muses by Antonia Angress (July 12) | Amazon | Bookshop.org[42:48] August Catherine's Pick: Bookish People by Susan Coll (August 2) | Amazon | Bookshop.org [46:50] Other Books Mentioned Last Summer on State Street by Toya Wolfe [4:33] Corrections in Ink by Keri Blakinger [4:35] The Midcoast by Adam White [4:40] How to Fake It in Hollywood by Ava Wilder [4:42] The Gifted School by Bruce Holsinger [8:57] Election by Tom Perrotta [17:48] The Leftovers by Tom Perrotta [22:02] Lessons in Chemistry by Bonnie Garmus [23:38] Unlikely Animals by Annie Hartnett [23:42] The One by John Marrs [24:08] The Immortalists by Chloe Benjamin [26:45] I Am Not Your Perfect Mexican Daughter by Erika L. Sánchez [33:15] Finding Me by Viola Davis [36:05] The Ensemble by Aja Gabel [45:25] Now Is Not the Time To Panic by Kevin Wilson (November 8, 2022) [46:15] Other Links Sarah's Bookshelves 2022 Summer Reading Guide About Catherine Gilmore Blog | Facebook | Twitter | Instagram Catherine started The Gilmore Guide to Books over 10 years ago after wrapping up a career as a corporate librarian. She loves books and reading (surprise!) and currently lives in Seattle, WA.
In this episode, the Pulse's literature editor, Grace Johnson, is joined by author Toya Wolfe. Wolfe is one of the featured authors at the 2022 Washington Island Literary Festival, Sept. 15-17. Wolfe's debut novel, The Last Summer on State Street, was released this year to rave reviews. The two discuss how Wolfe's life experiences in the Robert Taylor Homes informed her story, writing fiction and how her story fits in with the theme of this year's festival – "Crossroads."
WISF partnered with Carmella Haswell of Securities Finance Times for this two-part miniseries. In this episode, Carmella speaks with Jacqueline Waller at eSecLending, Simona Stoytchkova at State Street, and Ina Budh-Raja at Bank of New York Mellon about the current landscape facing women in the industry, the power of networking, and the road to diversity. Part 2 of 2 mini podcast series
Sponsored by: http://www.PMTLIFESTYLE.COMOptimize Your Training With: ONNIT Supplements: https://bit.ly/pmt-onnit--In this episode, we do our drawing for the 5k giveaway winners on Instagram! THANK YOU for everyone who has been supporting us online and in-person! We also discuss the WBC Muay Thai Youth World Championships up in Canada as well as Rumble in The Jungle 3 in Tulum!Also, we are running for BEST OF VENTURA COUNTY for the 1st time ever! You can vote for us here, we are in category # 56 - VOTE HERE: https://bit.ly/pmt-bestofIt's absolutely FREE to vote, and takes just 2 minutes - it would mean the WORLD to our team if we won this... we'd celebrate big time.--
World Economic Forum and the liberal World Order are really about. Lots of videos showing various links in the NWO chain: - Roundtable Groups - Klaus Schwab and the World Economic Forum Network - BlackRock, Vanguard, StateStreet, Berkshire Hathaway, etc... - Wokism - Robert Malone - United Nations, WHO, WTO, NATO, etc... - Yuval Harari (the peasant class will not be needed) We are also excited to announce our new, updated and improved online merchandise store. Go to: The Iconic Label https://www.theiconiclabel.com/ ...to see all merchandise for each podcast. Stay up to date with everything ICONIC by following us on all of our social media. Please see the following linktree via: https://hoo.be/iconic Affiliate Links/Suggested Reading: Tragedy & Hope https://amzn.to/2QLwkup The Anglo-American Establishment https://amzn.to/3tBybk8 The Communist Manifesto https://amzn.to/3auC9Ub On the Nature of Revolution (The Marxist Theory of Social Change) - Herbert Aptheker https://amzn.to/3xdosCP Color, Communism and Common Sense - Manning Johnson https://amzn.to/3eiVtVJ The Revolution Betrayed - Leon Trotsky https://amzn.to/3dGBcud And Not A Shot Fired - Jan Kozak https://amzn.to/2QJePuK Additional social media links are available below: Social Media: Instagram: https://www.instagram.com/theiconicpo... Facebook: https://www.facebook.com/theiconicpod... Parler: https://parler.com/theiconicpodcast Rumble: https://rumble.com/user/theiconicpodcast Business: firstname.lastname@example.org
Sponsored by: www.PMTLIFESTYLE.COMOptimize Your Training With: ONNIT Supplements: https://bit.ly/pmt-onnit--Thank you for everyone who helped us get to 5K followers on Instagram! Every single 1 of you is awesome and we are looking forward to growing with YOU!Be sure to enter our giveaway on Instagram: https://instagram.com/puumuaythaiAlso, we are running for BEST OF VENTURA COUNTY for the 1st time ever! You can vote for us here, we are in category # 56 - VOTE HERE: https://bit.ly/pmt-bestofIt's absolutely FREE to vote, and takes just 2 minutes - it would mean the WORLD to our team if we won this... we'd celebrate big time.--
WORT 89.9FM Madison · A State Street Coloring Book State Street has long been the commercial and cultural backbone of downtown Madison, and has been the canvas – literally and […] The post A State Street Coloring Book (for Grownups) appeared first on WORT-FM 89.9.
Sponsored by: www.PMTLIFESTYLE.COMOptimize Your Training With: ONNIT Supplements: https://bit.ly/pmt-onnit--In todays episode, we cover some question from our Muay Thai Community discord server!Need a website? Let REAL QUICK DESIGN know - send them an email: email@example.com or call 805-298-1140--
Sponsored by: www.PMTLIFESTYLE.COMOptimize Your Training With: ONNIT Supplements: https://bit.ly/pmt-onnit--An academy update on what we've been up to! There is a lot!Need a website? Let REAL QUICK DESIGN know - send them an email: firstname.lastname@example.org or call 805-298-1140--
Sponsored by: www.PMTLIFESTYLE.COMOptimize Your Training With: ONNIT Supplements: https://bit.ly/pmt-onnit--Enjoy this bit from Angela Chang's seminar at PU'U MUAY THAI SANTA BARBARA where they have an amazing kids program in Santa Barbara that you should get your kids in!Be sure to follow Angela: https://instagram.com/angelasitan--
In ten years, time, web3.0 and blockchain will drive each of us to have a digital ID as our prime ID. This means our various identifications on social platforms will be fluid. The social media platforms will have no control as you move your ID and private blockchain wallet from place to place. This could be the end of the platform age.The conversations today are less about the social media platforms dominating our personal expressions but the shift away from the platform economy that has dominated Web.2.0 to the open source self-identification economy that will dominate the next ten years. This stretches across financial and healthcare sectors and how governments sustain sovereign control over the value of nearly anything as each of us becomes our own market (physical and virtual) that is protected by our own digital wallet and the power of blockchain technologies. This will drive a whole new sense of worth, identification, and privacy and completely re-structure what assets we own, trade, and borrow against. Watch out Crypto world. If cryptocurrency is one of the first deployments for blockchain, it could be less significant in ten years' time. Blockchain will allow us to take our own agency back.Tim Tully is the CEO of Zelcore, the world's first gateway for Web3. Offering the easiest way to navigate all major exchanges and blockchain protocols, Zelcore empowers people to find quickly, manage, trade, and truly own their digital assets and information. Tim has over three decades of experience working in senior leadership roles at some of the world's largest financial institutions, including T. Rowe Price, BNY Mellon Wealth Management, and State Street.
Global Policy Watch: Energy Is Flagging Insights on burning policy issues from an Indian lens— RSJWho do you think has a better long-term view of the world? An administration struggling to control inflation and rising oil prices, one that’s facing midterm elections with the lowest approval ratings, or large institutional investors projected to own about 20 per cent of all US listed companies by 2028? I don’t know. I mean, it is conventional wisdom that all that the likes of Blackrock, Vanguard and State Street care about is making profits on their investments. On the other hand, the government is expected to take long-term decisions in the interest of society. But when you own 20 per cent of everything, I would suspect you will conclude there’s no other way to maximise profits except trying to do good for everyone. I mean, there won’t be a lot of arbitrage left anymore in choosing specific industries or sectors. You will have to do ‘sabka saath, sabka vikaas’. No wonder ESG (Environment, Social and Governance) investing has been important for these large institutional investors. That ESG is now a critical agenda tracked by the board of every company because of these investors' efforts. All good. Now, let’s look at the incentives of political parties. It is to win elections. Everything else follows only after you have the keys to power. And elections in democracies are a permanent affair. There’s a key election of some kind happening every other year. Will a political party craft a policy that’s painful in the short run but good in the long run? They do, but it requires a combination of inspiring leadership or ideology, a looming crisis and a powerful communication strategy to walk on this difficult path. That’s rare. Instead, what you have is parties taking the easy, opportunistic way out while hoping it will somehow make sense in the long run. Two Roads DivergedHere are two news items from last week for you.#1: Democrats may be on the verge of passing historic climate legislation after all.The $369 billion of climate spending in the Inflation Reduction Act that Sen. Joe Manchin (D-WV) announced on Wednesday includes funding for clean energy and electric vehicle tax breaks, domestic manufacturing of batteries and solar panels, and pollution reduction.If the bill’s policies work as intended, it would push American consumers and industry away from reliance on fossil fuels, penalize fossil fuel companies for excess emissions of methane, and inject needed funds into pollution cleanup.The bill would use tax credits to incentivize consumers to buy electric cars, electric HVAC systems, and other forms of cleaner technology that would lead to less emissions from cars and electricity generation, and includes incentives for companies to manufacture that technology in the United States. It also includes money for a host of other climate priorities, like investing in forest and coastal restoration and in resilient agriculture.#2: Blackrock warns it will vote against more climate change resolutionsBlackRock (BLK.N) said on Tuesday it expected to support fewer shareholder resolutions on issues such as climate change in the current season of annual general meetings, as many proposals were too prescriptive.While BlackRock said its view on the importance of managing climate risk remained unchanged and it continued to engage with companies over their efforts, a number of resolutions put forward at recent AGMs were too constraining on boards.Among such resolutions that it said it could oppose were those requiring management to stop providing finance to traditional energy companies, or those requiring alignment of bank business models to a specific climate scenario.Among votes that BlackRock has already opposed was an April 13 call for Canadian lender Bank of Montreal to adopt a policy to link financing with the International Energy Agency's Net Zero Emissions by 2050 Scenario.While the US administration is going down the path of spending more on tackling climate change, Blackrock seems to be signalling a u-turn. What Led Them HereSo, back to the question with which we started. Who do you trust is taking a long-term view here?Some context here will help. These moves have come on the back of an energy crisis facing the world today. Most of the commentary on this has attributed this to the Ukraine war and the sanction on Russia that followed. The general view is that this crisis will disappear once the war ends. How true is this? Not very if you look closely. Over the past many years, the energy inventory has been declining because the supply has held flat or gone down while the demand continues to be robust (except for the pandemic blip). The green sources of energy haven’t been able to fill the gap on the supply side. As we have come out of the pandemic, the global demand has gone up (though still below 2019 levels) while the supply isn’t keeping pace. This was even before the Russian invasion. The reasons for this aren’t hard to locate. Conventional energy companies have found it hard to fund new projects because ESG investing norms have made the availability of capital difficult. The so-called ‘extractive industries’ are orphans in capital and debt markets. Most of the growth in energy supplies in the last decade has come from shales. A lot of money was put to work to increase the efficiency of pumping out oil from shales. The three big shale fields in the Permian, the Bakken and the Eagle Ford pumped out enough oil to not have anyone worry about supply shortages anytime in the last decade. But like all good things, we have depleted these fields at rates faster than predicted. There’s been hardly any capacity developed that has backfilled these fields elsewhere. And it is unlikely we will get a second-time lucky so soon in finding rich fields like them. If the market were efficient, we would have seen capital find its way into funding newer sources. But the ESG overdrive led by the Big 3 index funds put up a barrier to that flow. And the energy companies that are making big profits now because of the high prices aren’t themselves putting money into conventional extraction. That would be seen as a negative in the market. So, even they are being constrained by the ESG norms. Into this decadal low in investment in production came the Ukraine war. Things have gone further south since. Europe needs Russian gas, and Putin is enjoying the gradual choking of the supply that will make things worse during the oncoming winter. Only last week, Russia’s Gazprom told its customers in Europe it cannot guarantee gas supplies because of ‘extraordinary’ circumstances. Heh!Gazprom said stopping another turbine at the Nord Stream 1 pipeline would cut daily gas production to 20%, halving the current level of supply. It is likely to make it more difficult for EU countries to replenish their stores of gas before winter.The Nord Stream 1 pipeline, which pumps gas from Russia to Germany, has been running well below capacity for weeks, and was completely shut down for a 10-day maintenance break earlier this month.The European Commission has urged countries to cut gas use by 15% over the next seven months after Russia warned it could curb or halt supplies altogether. Under the proposals, the voluntary target could become mandatory in an emergency. On Tuesday energy ministers will meet in Brussels in an attempt to sign off the plans.But numerous opt-outs are expected amid resistance from some member states.To this, add that the US has been depleting its SPR (Special Petroleum Reserves) to boost supply and keep prices under control. Last week it announced another 20 million barrels were released from SPR. But this isn’t sustainable, and it is likely this is the last of it.I don’t know about you, but I think the supply situation looks to worsen in the future. Evaluating the ResponsesNow, look at the two news articles that we started with. After a decade of not adding real capacity to boost energy supply, starving investments in conventional energy, stupidly shutting down nuclear plants and going for investments in wind and solar that are by themselves energy and capital intensive to set up, we are here with two kinds of response. One is from the US government. Instead of finding ways to invest in the sector to solve this crisis is going the other way. Releasing special reserves, cutting taxes on gasoline, placing more restrictions on the conventional energy sector and planning to deficit fund more investments in green energy without a clear answer on how it will help with supply. These will only increase demand in the short term without any corresponding increase in supply to address it.The other is from the face of greedy capitalism, Blackrock, who thinks we might have overdone the ESG investment thesis without fully appreciating the unintended consequences of starving the oil and gas sector of investments. Maybe the rhetoric against conventional energy has gone overboard without an immediate answer to the supply shortfall. So, some calibration is needed now. Else, there will be significant pain ahead with misallocation of investments and a deepening energy crisis. The poor and the developing nations are most affected by higher oil prices. And poverty is worse for climate change. More than fossil fuels. Those then are the two narratives. As London and NYC sweat in an unprecedented heat wave this summer, you know who will win the narrative battle. The war will be lost though. Thanks for reading Anticipating the Unintended! Subscribe for free to receive new posts and support our work.A Framework A Week: Building Models Tools to help think about public policy— RSJLast week I came across this piece on ‘Models as mediating instruments’ by Margaret Morrison and Mary S. Morgan. You should read the full chapter. The authors lay out the importance of model building in helping us learn about theories and how they might operate in the world:Models are one of the critical instruments of modern science. We know that models function in a variety of different ways within the sciences to help us to learn not only about theories but also about the world. So far, however, there seems to be no systematic account of how they operate in both of these domains.And then, they proceed to outline how we should think about developing models that function as autonomous agents and as instruments of investigation of the world. Here’s a short extract from their introduction to model building:In order to make good our claim, we need to raise and answer a number of questions about models. We outline the important questions here before going on to provide detailed answers. These questions cover four basic elements in our account of models, namely how they are constructed, how they function, what they represent and how we learn from them.Construction What gives models their autonomy? Part of the answer lies in their construction. It is common to think that models can be derived entirely from theory or from data. However, if we look closely at the way models are constructed we can begin to see the sources of their independence. It is because they are neither one thing nor the other, neither just theory nor data, but typically involve some of both (and often additional ‘outside’ elements), that they can mediate between theory and the world. In addressing these issues we need to isolate the nature of this partial independence and determine why it is more useful than full independence or full dependence. Functioning What does it mean for a model to function autonomously? Here we explore the various tasks for which models can be used. We claim that what it means for a model to function autonomously is to function like a tool or instrument. Instruments come in a variety of forms and fulfil many different functions. By its nature, an instrument or tool is independent of the thing it operates on, but it connects with it in some way. Although a hammer is separate from both the nail and the wall, it is designed to fulfil the task of connecting the nail to the wall. So too with models. They function as tools or instruments and are independent of, but mediate between things; and like tools, can often be used for many different tasks. Representing Why can we learn about the world and about theories from using models as instruments? To answer this we need to know what a model consists of. More specifically, we must distinguish between instruments which can be used in a purely instrumental way to effect something and instruments which can also be used as investigative devices for learning something. We do not learn much from the hammer. But other sorts of tools (perhaps just more sophisticated ones) can help us learn things. The thermometer is an instrument of investigation: it is physically independent of a saucepan of jam, but it can be placed into the boiling jam to tell us its temperature. Scientific models work like these kinds of investigative instruments – but how? The critical difference between a simple tool, and a tool of investigation is that the latter involves some form of representation: models typically represent either some aspect of the world, or some aspect of our theories about the world, or both at once. Hence the model’s representative power allows it to function not just instrumentally, but to teach us something about the thing it represents. LearningAlthough we have isolated representation as the mechanism that enables us to learn from models we still need to know how this learning takes place and we need to know what else is involved in a model functioning as a mediating instrument. Part of the answer comes from seeing how models are used in scientific practice. We do not learn much from looking at a model – we learn more from building the model and from manipulating it. Just as one needs to use or observe the use of a hammer in order to really understand its function, similarly, models have to be used before they will give up their secrets. In this sense, they have the quality of a technology – the power of the model only becomes apparent in the context of its use. Models function not just as a means of intervention, but also as a means of representation. It is when we manipulate the model that these combined features enable us to learn how and why our interventions work.The whole chapter and Mary Morgan’s book (The World in the Model: How Economists Work and Think) is a great tool for building models. India Policy Watch: Hoping Against HopeInsights on burning policy issues in India - Pranay KotasthaneEarlier this week, the union cabinet approved a revival package for the ever-embattled Bharat Sanchar Nigam Limited (BSNL) worth ₹1.64 lakh crores. Let’s analyse this decision ground-up Let’s look at the two stated aims. The first argument is that the presence of BSNL in the telecom market acts as a market balancer; it plays a significant role in providing services to rural areas and during natural disasters. The second argument is that the telecom sector is strategic; hence, BSNL will become the vehicle for the government to “promote indigenous 4G technology development”. In other words, BSNL will have to commission an atmanirbhar 4G technology that Tata Consultancy Services and C-DOT are developing. A part of the bailout—₹22,471 crores—is allocated for capital expenditure on this deployment.For a moment, assume that both objectives are desirable. The question is, are there alternative methods to achieve the two stated objectives?Given the positive externalities of network infrastructure today, government intervention in rural connectivity makes sense. But the instrument required to achieve this objective doesn’t require the government to produce this service by itself through a public sector unit. The same objective could be achieved by a government procurement contract which finances private sector players for capital expenditure on network infrastructure in low-density areas. Think of a non-coercive version of the Regional Air Travel Connectivity Scheme - UDAN, but for mobile connectivity. This method would likely be far cheaper than attempting to revive a government-run company that incurs losses despite playing a game in which the umpire also belongs to the same team. This would be beneficial for the people living in far-flung areas too. Why condemn them to slow 3G services of BSNL when the government can finance private players to provide 4G services instead?Next, consider the strategic necessity argument. 4G was introduced in India a full decade ago. When the world (and India) is commissioning 5G connectivity, an Indian consortium has now done trials for home-grown 4G technology. Granted, that 4G is not going away anytime soon, but why should it now be shoved down BSNL’s throat? To me, it seems like a classic error—a violation of the Tinbergen Rule, which we had discussed in edition #135. The rule says: use one policy instrument for just one target (or as few as possible). Burdening one instrument with several objectives often results in a system that fulfils none. In the current case, it means that BSNL can either be an instrument to connect remote areas or it can be a testbed for indigenous technologies, but not both. To expect it to do both would make things tougher for an already troubled entity. More important, it would be a waste of taxpayers’ hard-earned money.Since allowing adversaries to manage your core networks is a strategic vulnerability, a better alternative would be to give domestic players a target for eliminating Huawei from their 4G networks over time. If the indigenous solution is any good, some players will consider opting for it. The second option is to support the indigenous 4G’s go-to-market programmes in other countries. Either way, the objective can be achieved without hoping against the BSNL hope.Finally, a reminder. The cost to society for one rupee raised by governments in India is ₹3 (Marginal Cost of Public Funds). So, Indians will be incurring nearly ₹5 lakh crores. For comparison, that is nearly 10 per cent of RBI’s foreign exchange reserves in equivalent rupees. Is protecting BSNL really worth this kind of expenditure?Course Advertisement: Admissions for the Sept 2022 cohort of Takshashila’s Graduate Certificate in Public Policy programme are now open! Visit this link to apply.PolicyWTF: Playing with Fire AgainThis section looks at egregious public policies. Policies that make you go: WTF, Did that really happen? - Pranay KotasthaneA couple of weeks ago, a film poster depicting Kaali Maa began an outrage cycle. As it happens with frightening regularity nowadays, it culminated in a couple of FIRs being filed against the director. Forget the fact that the movie was released in Canada by an Indian citizen from Tamil Nadu; the FIRs were nevertheless registered in Delhi and UP. It’s not worth spending time and energy on these Whack-A-Mole outrages. What concerns me more is the Indian High Commission in Ottawa’s press release. It read:We have received complaints from leaders of the Hindu community in Canada about disrespectful depiction of Hindu Gods on the poster of a film showcased as part of the 'Under the Tent' project at the Aga Khan Museum, Toronto.Our Consulate General in Toronto has conveyed these concerns to the organizers of the event.We are also informed that several Hindu groups have approached authorities in Canada to take action.We urge the Canadian authorities and the event organizers to withdraw all such provocative material. In the past, the official Indian position would have been to play the matter down and leave the issue to the host country. It is unusual and disappointing for an Indian embassy to act as a messenger for religious groups in other countries. Canadian citizens of the Hindu faith aren’t Indians. This admonishment by an Indian government entity is out of place.I say that the government is playing with fire here because acting on behalf of citizens of other countries—for whatever reason—is a slippery slope. There’s a reason that Indian immigrants are welcomed in many countries. Contrast that with China. The aggressive opposition by some Chinese immigrants against criticisms of the Chinese Communist Party in their host country ends up being detrimental to all Chinese immigrants. It’s in India’s interest that emigrants become trustworthy members of their host community. We shouldn’t go down the path China has.HomeWorkReading and listening recommendations on public policy matters[Article] In the last edition, we had written about the Enforcement Directorate’s zeal to slap charges of money laundering. This week, the Supreme Court upheld its powers under the Prevention of Money Laundering Act (PMLA). In his latest column, Pratap Bhanu Mehta explains why this implies, “Rather than being the guardian of rights, the Supreme Court is now a significant threat to it”.[Podcast] In the latest Puliyabaazi, we take a long hard look at the consequences of emigration on India. [Article] How can the government intervene to reduce dependence on Chinese pharma APIs? Bambawale et al. explain.[Paper] Jonathan Haidt has helpfully combined all the latest research on social media’s impact on society in this one master document. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit publicpolicy.substack.com
Architect Anthony Grumbine believes the State Street promenade needs an interim plan because we're currently allowing a "B-level," or even "C-level," which is below Santa Barbara's standards. "Shouldn't we at least have a basic, good, interim design in the meantime that is actually doable as an interim solution," Grumbine said on the latest episode of Santa Barbara Talks. "The reality is that some of those interim solutions are going to be around for 10 years probably. So why the heck are we allowing this to be a B-level city, or even a C-level city in terms of what it looks like, compared to what it could be." Grumbine said if it is going to take at least five more years before anything is actually built out on State Street, something needs to happen sooner. "We're so many years from having anything actually done," Grumbine said. "It's going to take years and years to get a plan. It's going to take years and years and years to fund and build that plan. And it's going to be done in portions." Grumbine also chairs of the Santa Barbara Historic Landmarks Commission. In this podcast, he talks about State Street, the future of De la Guerra Plaza, and the city's housing challenges. In his role as an architect and as HLC chair, Grumbine explains what he looks for in a project, and how the architecture should serve the function of the building. He talks about the principles of strength, function and beauty in architecture. "Is it not just of this immediate fad or style, but actually a quality thing that is going to be beautiful for years to come, and actually be looked at like we look at these buildings that are 50, 100 years old, and they are still beautiful," Grumbine said. "There was this ingenuity to them, but they had this classic feel like they are never going to go out of style." Grumbine also teaches architecture for Holy Apostles College & Seminary, and is an architect and principal at Harrison Design. Grumbine's architecture projects range from new and remodeled churches, to Catholic campus buildings, to historic restoration and private residences, according to his website. Consider a donation to this podcast by clicking here. Subscribe to this podcast by clicking here. Josh Molina has been a journalist in Santa Barbara for 20 years. He also covered City Hall for the San Jose Mercury News. In addition to working as a reporter at Noozhawk, he teaches journalism at Cal State University, Northridge and Santa Barbara City College. Please subscribe to his You Tube channel for more content.
On Thursday, we went back to school, and welcomed to our 429 State Street studios Dr. Chris Gray, President of the Erie County Community College of Pennsylvania. We found out about the new programs, the physical expansion into Corry, and onto the former Villa Campus, and got an update on the students.
For the start of today's show, Nate asked only people of color and people of the LGBT+ community to call in. He asked them what the top three issues the federal government should address. This is as the Respect for Marriage Act was passed in a US House vote today. The Act would make it federal law to protect interracial and same-sex marriage. If you are a person of color or a part of the LGBT+ community, are you worried about not being able to marry who you want to? Meanwhile, Boise City wants to get rid of the car culture on State Street by getting rid of drive thrus. Other cities have also gotten rid of drive thrus in order to help lessen pollution. What are your thoughts? Amazon is being investigated for workplace safety issues. Nate asked people who work or who have worked at the Amazon Warehouse what they think of this story. (7/19/22)
The City of Boise Capital City Development Corporation wants to get rid of drive thrus on State Street in order to make it a less car-oriented street. What are your thoughts? After that discussion, Nate was joined by newly elected Idaho GOP Chairwoman Dorothy Moon. She discussed how she wants to unite the Idaho Republican party. In national news, there was a shooting in Indiana over the weekend where Elisjsha Dicken, a civilian bystander, ended up shooting and killing the shooter. If you were in a similar situation, do you think you could do the same? Do you think there should be active shooter training for adults? Nate discusses this as well as the parkland shooter potentially getting the death penalty. (7/18/22)
Crain's reporter Steve Daniels talks with host Amy Guth about a civil lawsuit filed against the Chicago Cubs that alleges the $550 million Wrigley Field renovation made the stadium less accessible for fans with disabilities. Plus: Chicago's COVID risk returns to high level, taxpayers will cover Potbelly's $10 million PPP loan, Old Navy deals another blow to State Street, and bread prices soar as inflation saps demand for basics.
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Old Navy is closing its store on State Street. Crain’s reports the retailer has decided not to renew its lease at State and Randolph. Brokers have already started marketing the 32,000-square-foot space to other retailers. Also, OSF HealthCare, an Illinois-based Catholic […]
In this episode, Kelly and I chat about our favorite books that published in April through June of 2022. Kelly's top 10 reads: Cover Story by Susan Rigetti Take My Hand by Dolen Perkins Valdez The Unknown Beloved by Amy Harmon Every Summer After by Carley Fortune Hidden Pictures by Jason Rekulak Take Your Breath Away by Linwood Barclay Nora Goes Off Script by Annabel Monaghan The Local by Joey Hartstone The Beach Trap by Ali Brady Last Summer on State Street by Toya Wolfe Cindy's top 10 reads: True Biz by Sara Novic Bomb Shelter: Love, Time, and Other Explosives by Mary Laura Philpott Take My Hand by Dolen Perkins-Valdez Marrying the Ketchups by Jennifer Close Bloomsbury Girls by Natalie Jenner The Evening Hero by Marie Myung-Ok Lee Nora Goes Off Script by Annabel Monaghan The Local by Joey Hartstone Last Summer on State Street by Toya Wolfe Rogues: True Stories of Grifters, Killers, Rebels and Crooks by Patrick Radden Keefe Support the podcast by becoming a Page Turner on Patreon. Other ways to support the podcast can be found here. Connect with me on Instagram, Facebook, and Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week on From the Front Porch, Annie and Olivia sit down to chat about the books releasing in June. Don't forget, if you purchase or preorder any of the books they talk about, you can enter the code NEWRELEASEPLEASE at checkout for 10 percent off your order. Just go to www.bookshelfthomasville.com and click or tap podcast, then Shop From the Front Porch to see today's titles. The books mentioned in today's episode can be purchased from The Bookshelf: Annie's list: Cult Classic by Sloane Crosley So Happy for You by Celia Laskey Boys and Oil: Growing Up Gay in a Fractured Land by Taylor Brorby Last Summer on State Street by Toya Wolfe Nora Goes Off Script by Annabel Monaghan Flying Solo by Linda Holmes The Catch by Alison Fairbrother The Bartender's Cure by Wesley Straton Olivia's list: The Measure by Nikki Erlick Goldenacre by Philip Miller Fibbed by Elizabeth Agyemang Charlie Thorne and the Curse of Cleopatra by Stuart Gibbs House Across the Lake by Riley Sager Poopsie Gets Lost by Hannah E. Harrison The Surprise by Nick Laird and Zadie Smith Cedarville Shop and Wheelbarrow Swap by Bridget Krone From the Front Porch is a weekly podcast production of The Bookshelf, an independent bookstore in South Georgia. You can follow The Bookshelf's daily happenings on Instagram at @bookshelftville, and all the books from today's episode can be purchased online through our store website, www.bookshelfthomasville.com. A full transcript of today's episode can be found here. Special thanks to Dylan and his team at Studio D Podcast Production for sound and editing and for our theme music, which sets the perfect warm and friendly tone for our Thursday conversations. This week Annie is listening to Cult Classic by Sloane Crosley. Olivia is reading House Across the Lake by Riley Sager. If you liked what you heard in today's episode, tell us by leaving a review on iTunes. Or, if you're so inclined, support us on Patreon, where you can hear our staff's weekly New Release Tuesday conversations, read full book reviews in our monthly Shelf Life newsletter and follow along as Hunter and I conquer a classic. Just go to patreon.com/fromthefrontporch. We're so grateful for you, and we look forward to meeting back here next week. Our Executive Producers are... Donna Hetchler, Angie Erickson, Cammy Tidwell, Chantalle C, Nicole Marsee, Wendi Jenkins, Laurie johnson and Kate Johnston Tucker. Libro.FM: Libro.fm lets you purchase audiobooks directly from your favorite local bookstore (Like The Bookshelf). You can pick from more than 215,000 audiobooks, and you'll get the same audiobooks at the same price as the largest audiobook company out there (you know the name). But you'll be part of a different story -- one that supports community. All you need is a smart phone and the free Libro.fm app. Right now, if you sign up for a new membership, you will get 2 audiobooks for the price of one. All you have to do is enter FRONTPORCH at checkout or follow this link: https://tidd.ly/3C2zVbb Flodesk: Do you receive a weekly or monthly newsletter from one of your favorite brands? Like maybe From the Front Porch (Or The Bookshelf)... Did you ever wonder, ‘how do they make such gorgeous emails?' Flodesk is an email marketing service provider that's built for creators, by creators, and it's easy to use. We've been using it for a couple of years now, and I personally love it. And right now you can get 50% off your Flodesk subscription by going to: flodesk.com/c/THEFRONTPORCH