Logo
    Search

    Biden Report Fallout & Major Media Turbulence | 2.12.24

    enFebruary 12, 2024

    Podcast Summary

    • Growing concerns over Biden's ability to serve a second term due to age and cognitive declineAmericans believe Biden is too old for the presidency due to report findings on his memory lapses and confusion, raising questions about his reelection prospects and the challenges of managing the presidency in the digital age.

      The special counsel report on President Biden's handling of classified documents has led to growing concerns about his ability to serve a second term due to his advanced age and perceived cognitive decline. An overwhelming majority of Americans now believe Biden is too old for the job, as indicated by a recent poll. The report's findings, which included details about Biden's memory lapses and confusion over basic facts, have led to a wave of criticism and political fallout. The White House responded with an impromptu press conference, where Biden defended himself but also made some factual errors. The situation has raised questions about Biden's reelection prospects and highlighted the challenges of managing the presidency in the digital age. Additionally, the media industry is facing its own existential crisis with layoffs and declining audiences, and investors are struggling to keep these traditional businesses afloat.

    • Biden's Age and Fitness for Office Under ScrutinyCriticism of Biden's age and fitness for office is mounting, putting the administration and campaign in a tough spot. They must address concerns without appearing defensive or dismissive.

      The Biden administration and campaign are facing increasing criticism and concerns about President Biden's age and fitness for office. These concerns are not new, but have gained more prominence in recent weeks, with prominent Democrats and political analysts openly discussing the issue. The administration and campaign are in a difficult position, as acknowledging these concerns could be seen as admitting that they have validity, but dismissing them could fuel the narrative that they are trying to hide something. An upcoming State of the Union address could be a defining moment for Biden, as it will be an opportunity to reassure voters and potentially quell some of the concerns. However, a poor performance could further fuel doubts about his ability to lead effectively. The administration and campaign are reportedly considering various strategies to address these concerns, including emphasizing Biden's experience and qualifications, and leaning into his record as a seasoned politician. Ultimately, the outcome of these efforts will depend on how effectively they can address the underlying concerns and shift the narrative back in their favor.

    • Media Industry Faces Challenges with Layoffs, Declining Ad Revenue, and Low TrustThe media industry is undergoing significant changes with layoffs, declining ad revenue, and low public trust due to shifts in reader behavior towards digital media and the rise of social media, podcasting, and Substack.

      The media industry is experiencing significant layoffs and closures, affecting both legacy and newer media outlets. The Washington Post and LA Times are among the legacy outlets that have recently laid off large numbers of staffers, while the feminist news site Jezebel and Vice Media have also seen contractions. The shift in reader behavior towards digital media and the rise of social media, podcasting, and Substack have disrupted the industry, leading to a decline in advertising revenue. Furthermore, public trust in the media is at an all-time low, with only 32% of Americans expressing a great deal of trust and a record-high 39% expressing no trust at all. These factors have contributed to the challenges faced by media outlets, making it a difficult time for the industry as a whole.

    • UN Headquarters in Gaza Hides Hamas Tunnel SystemThe UN is facing increasing scrutiny and calls for an independent inquiry after a Hamas tunnel system was discovered underneath its headquarters in Gaza, with reports of UN employees having ties to the terror group. The UN denies any knowledge of the tunnel and is facing allegations of collaboration with Hamas, leading to the suspension of US funding.

      The discovery of a Hamas tunnel system underneath the United Nations Relief Works Agency (UNRA) headquarters in Gaza has intensified the pressure on the UN, following reports of UN employees having ties to the terror group Hamas. The Israeli military claims it is impossible for such a vast and complex tunnel system to have gone unnoticed, and the revelation has added to the UN's already mounting problems regarding alleged collaboration with Hamas. The UN, which denies any knowledge of the tunnel's existence, is facing increasing scrutiny and calls for an independent inquiry. The latest development comes after Israeli intelligence revealed that at least 12 UN employees had direct ties to the Hamas terrorists involved in the October 7th attacks, and 10% of UNRA's 12,000 employees in Gaza were found to have ties to Islamist militant groups. These allegations have raised concerns about the UN's radicalization and involvement with Hamas, and the United States, which was the largest funder of the agency, has suspended its funding. The UN's lack of military and security expertise and capacity to undertake inspections of what lies beneath its premises has been criticized, and the organization's trustworthiness has taken a hit as a result.

    • UNRWA faces scrutiny over US funding, Super Bowl 58 decides championshipThe UNRWA controversy involves US funding cuts due to allegations of bias and extremist links, while the Super Bowl saw the Kansas City Chiefs win in a thrilling overtime game, with Black Rifle Coffee partnering with UFC for veteran causes.

      The United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) has faced scrutiny and funding changes from the US government due to allegations of bias and support for extremist groups. In 2018, the Trump administration ended funding, citing concerns over anti-semitic curriculum in UNRWA schools and involvement of agency staffers with Hamas. The Biden administration restored funding in 2021, but recently put a hold on funding while investigating UNRWA's role in supporting the Muslim Association in Syria (MAS). Meanwhile, in a separate news item, the Kansas City Chiefs won Super Bowl 58 against the San Francisco 49ers in a thrilling overtime game, with quarterback Patrick Mahomes leading the team to victory. This news came with the announcement of a new partnership between Black Rifle Coffee and the UFC, with a portion of proceeds going towards veteran and first responder causes. The UNRWA controversy and the exciting Super Bowl outcome illustrate the complex and diverse nature of current events.

    Recent Episodes from Morning Wire

    Crusade Against the Supreme Court | 6.29.24

    Crusade Against the Supreme Court | 6.29.24

    Several consequential decisions have increased scrutiny of the Supreme Court by progressives. Biographer Mark Paoletta, co-editor of Created Equal explains the criticism facing conservative justices, particularly Clarence Thomas. He delves into the motivations behind these attacks and the role of left-leaning organizations. Get the facts first on Morning Wire.

    Birch Gold: Text "WIRE" to 989898 for your no-cost, no-obligation information kit.

    Morning Wire
    enJune 29, 2024

    Biden’s Disastrous Debate | 6.28.24

    Biden’s Disastrous Debate | 6.28.24

    President Biden gave what many called a “shaky” performance when he faced off against former President Trump in the first presidential debate, and new evidence comes to light about a former Obama official-turned-CNN analyst's collusion in two past presidential debates. Get the facts first with Morning Wire.

    Black Rifle Coffee: Drink America's coffee at https://www.blackriflecoffee.com/

    Done With Debt: Learn more at http://www.DonewithDebt.com

    Morning Wire
    enJune 28, 2024

    CNN Debate Prep & ISIS Linked Migrant Trafficking | 6.27.24

    CNN Debate Prep & ISIS Linked Migrant Trafficking | 6.27.24

    President Biden and former President Trump face-off tonight, an ISIS linked group reportedly smuggled hundreds of illegal immigrants into the U.S., and several economists say Trump is worse for the economy than Biden. Get the facts first with Morning Wire.

    Balance of Nature: "Get 35% off Your Order + FREE Fiber & Spice Supplements. Use promo code WIRE at checkout: https://www.balanceofnature.com/"

    Black Rifle Coffee: Drink America's coffee at https://www.blackriflecoffee.com/

    Watch Backstage Here: https://www.dailywire.com/show/daily-wire-backstage

    Morning Wire
    enJune 27, 2024

    Related Episodes

    Strikes, Tech Thrills, and AI in the Game

    Strikes, Tech Thrills, and AI in the Game

    Simon and Andy dive into the whirlwind of recent industry happenings. They cover the resolution of writers' and actors' strikes, noting the positive impact on innovation and content creation. Shifting gears, they discuss the NBA's innovative use of technology, particularly Hawkeye for player tracking, showcasing the intersection of AI and sports. Later, the duo explores the transformative role of AI in advertising, touching on generative AI, data-driven campaigns, and the ethical considerations surrounding privacy. Wrapping up, Simon and Andy explore the future of interactive engagement in media, envisioning more immersive, data-driven viewing experiences.

    Click here for transcript of this episode.

    Simon Crownshaw | LinkedIn

    Andy Beach | LinkedIn

    Visit Microsoft's Media and Entertainment Industry Solutions site to learn more:  https://www.microsoft.com/en-us/industry/media-entertainment

    Discover and follow other Microsoft podcasts at news.microsoft.com/podcasts.

    Can Warner Bros. Uncancel J.K. Rowling?

    Can Warner Bros. Uncancel J.K. Rowling?
    Harry Potter author J.K. Rowling has come under fire in recent years for comments she’s made about gender and sex that some say are transphobic. WSJ’s Erich Schwartzel reports on how Warner Brothers Discovery, the company that owns the rights to Harry Potter, is calling upon the controversial author to make more magic. Further Listening: – The Media Mogul Taking an Ax to Hollywood  Further Reading: – Can Warner Bros. Uncancel J.K. Rowling?  – How the Minions Became Hollywood’s Mightiest Franchise  Learn more about your ad choices. Visit megaphone.fm/adchoices

    E163: Market rips, Media RIFs, Texas defies Biden, Fintech reckoning, ARkStorm 2.0 & more

    E163: Market rips, Media RIFs, Texas defies Biden, Fintech reckoning, ARkStorm 2.0 & more

    (0:00) Bestie intros!

    (1:37) Markets rip on strong economic data

    (17:05) Media's broken business model, death spiral

    (35:47) Texas defies the Biden Admin on the Southern Border after SCOTUS votes in favor of the federal government

    (1:04:18) Ethics of publishing non-public financial data

    (1:13:07) Fintech's reckoning

    (1:26:27) ARkStorm 2.0

    Follow the besties:

    https://twitter.com/chamath

    https://twitter.com/Jason

    https://twitter.com/DavidSacks

    https://twitter.com/friedberg

    Follow the pod:

    https://twitter.com/theallinpod

    https://linktr.ee/allinpodcast

    Intro Music Credit:

    https://rb.gy/tppkzl

    https://twitter.com/yung_spielburg

    Intro Video Credit:

    https://twitter.com/TheZachEffect

    Referenced in the show:

    https://www.cnbc.com/2024/01/25/gdp-q4-2023-the-us-economy-grew-at-a-3point3percent-pace-in-the-fourth-quarter.html

    https://www.barrons.com/livecoverage/stock-market-today-012524

    https://abcnews.go.com/Business/dow-closes-above-38000-record-high/story?id=106576234

    https://www.cnbc.com/2024/01/11/cpi-inflation-report-december-2023-consumer-prices-rose-0point3percent-in-december-higher-than-expected-pushing-the-annual-rate-to-3point4percent.html

    https://www.nytimes.com/2024/01/05/business/economy/jobs-report-december-2023.html

    https://finance.yahoo.com/news/gas-prices-national-average-hit-by-mid-winter-blahs-on-way-to-3gallon-165833984.html

    https://www.cnbc.com/2024/01/24/tesla-tsla-earnings-q4-2023.html

    https://www.federalreserve.gov/newsevents/pressreleases/monetary20240124a.htm

    https://www.bloomberg.com/news/articles/2024-01-23/china-mulls-stock-market-rescue-package-backed-by-278-billion

    https://twitter.com/paulkrugman/status/1750529905627128154

    https://fiscaldata.treasury.gov/americas-finance-guide/national-debt

    https://twitter.com/RealEJAntoni/status/1750537238578930101

    https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

    https://fred.stlouisfed.org/series/FEDFUNDS

    https://www.forbes.com/sites/bradadgate/2023/12/19/media-companies-have-slashed-over-20000-jobs-in-2023

    https://twitter.com/maxwelltani/status/1750507633247678531

    https://www.nytimes.com/2024/01/23/business/media/los-angeles-times-layoffs-newsroom.html

    https://www.nytimes.com/2023/11/01/business/media/conde-nast-business.html

    https://www.cnn.com/2024/01/23/business/conde-nast-staffers-walkout-layoffs/index.html

    https://www.latimes.com/entertainment-arts/business/story/2024-01-18/la-times-guild-calls-for-one-day-walkout-to-protest-looming-staff-cuts

    https://www.nytimes.com/2024/01/19/business/media/sports-illustrated-mass-layoffs.html

    https://www.npr.org/2024/01/18/1225446347/pitchfork-faces-layoffs-and-restructuring-under-conde-nast

    https://fortune.com/2023/11/30/yet-another-media-company-is-laying-off-workers-as-the-industrys-retrenchment-hits-vox-media-for-the-second-time-this-year

    https://variety.com/2023/digital/news/jezebel-shutting-down-go-media-layoffs-1235785877

    https://www.npr.org/2023/05/15/1173260377/vice-media-bankruptcy

    https://twitter.com/BillAckman/status/1750537848447533207

    https://trends.google.com/trends/explore?date=today%205-y&geo=US&q=wsj.com,Businessinsider.com,twitter.com,nyt.com&hl=en

    https://www.latimes.com/california/story/2021-08-20/recall-candidate-larry-elder-is-a-threat-to-black-californians

    https://www.cbp.gov/newsroom/stats/nationwide-encounters

    https://www.wsj.com/us-news/illegal-immigration-record-border-6db29cad

    https://www.cbsnews.com/news/migrant-crossings-u-s-southern-border-record-monthly-high-december

    https://www.scotusblog.com/2024/01/court-allows-border-patrol-to-cut-texas-razor-wire-along-rio-grande

    https://www.texastribune.org/2024/01/22/texas-border-supreme-court-immigration

    https://gov.texas.gov/uploads/files/press/Border_Statement_1.24.2024.pdf

    https://nypost.com/2023/08/19/biden-sells-border-wall-parts-to-thwart-gop-push-to-use-them

    https://www.nytimes.com/2023/09/07/nyregion/adams-migrants-destroy-nyc.html

    https://www.cbsnews.com/news/cbs-news-opinion-poll-americans-border-crisis

    https://www.foxbusiness.com/politics/california-offer-illegal-immigrants-free-healthcare-deficit-soars-population-shrinks

    https://einvestingforbeginners.com/average-gross-profit-margin-by-industry

    https://twitter.com/TexasLindsay_/status/1750427983448256552

    https://twitter.com/WhidbeyWXGuy/status/1750006365790282175

    https://twitter.com/US_Stormwatch/status/1749669643634233384

    https://twitter.com/Weather_West/status/1750619800840110131

    WEDNESDAY WISDOM: The Actors REFRAME to the Industry Contraction

    WEDNESDAY WISDOM: The Actors REFRAME to the Industry Contraction

    🎭 Join That One Audition Podcast for a deep dive into the actor's reframe around the industry contractions. 🌟 Explore with Alyshia and Alex Collins as they shares insights and tips on maintaining mental, emotional, and physical well-being in the competitive contracting world of the industry.

    💪 Learn how to work as an ACTOR isn't just about bouncing back from setbacks but is a crucial part of creating a career versus a one off job.

    Subscribe now for insightful discussions, empowering interviews, and practical advice to enhance your career longevity and satisfaction.

    🔗 Connect with That One Audition:

    🌈 Elevate your acting journey with proven recovery strategies. Subscribe today and be part of a community that celebrates resilience and passion in the world of acting! 🎙️ #ActorsResilience #RecoveryMindset #ThatOneAudition #PodcastJourney

    CREDITS:

    • Host/Producer: Alyshia Ochse
    • WRITER: Erin McCluskey
    • WEBSITE & GRAPHICS: Chase Jennings
    • SOCIAL: Alara Cerikcioglu