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    DeSantis Burning Through Cash, Actor and UPS Strikes Could Cost Billions, & Tesla Cybertruck is Here

    enJuly 17, 2023

    Podcast Summary

    • Florida Governor Ron DeSantis' High Campaign SpendingDespite raising substantial funds, DeSantis spent nearly 40% due to a large staff and made cost-cutting measures, with many max donors, potentially limiting future fundraising.

      During the latest presidential campaign finance disclosures, Florida Governor Ron DeSantis' spending habits stood out. DeSantis raised a significant amount of money but spent nearly 40% of it, largely due to his large staff of 92 full-time campaigners. This high burn rate has led him to make recent cost-cutting measures, echoing the efficiency efforts of tech industry leaders like Adam Neumann and Mark Zuckerberg. Another notable observation is that a large portion of DeSantis' donations came from individuals who gave the maximum $3,300 contribution, indicating an initial burst of enthusiasm but potentially limiting his voter base for future fundraising.

    • Creative fundraising tactics in the 2024 presidential campaignCandidates like Francis Suarez and Vivek Ramaswami are using unique strategies, such as raffles and percentage cuts, to mobilize donors and build email lists. However, the legality and cost-effectiveness of these tactics should be carefully considered.

      The 2024 presidential campaign fundraising landscape is showing some unique strategies as candidates look for creative ways to reach the 40,000 donor threshold to qualify for debates. A notable example is Francis Suarez, the mayor of Miami, who is using a raffle system for a chance to win front-row tickets to watch Messi play if donors Venmo his campaign at least $1. Another candidate, Vivek Ramaswami, is offering a 10% cut of the money raised for his campaign to his backers. These strategies, while potentially questionable in terms of legality, are effective in mobilizing a population familiar with digital payment systems like Venmo and can help build a large email database and increase visibility. However, the cost-effectiveness and legality of these schemes should be carefully considered before implementation. Additionally, some candidates, like Trump and DeSantis, have raised significant funds through more traditional methods and have larger war chests, while Biden is being more frugal in his spending. Overall, the 2024 campaign is shaping up to be an interesting mix of traditional and innovative fundraising tactics.

    • Hollywood Strike Disrupts Film and Entertainment IndustryThe ongoing writers and actors strike in Hollywood is causing cancellations, fictional character promotions, international production delays, and potential industry collapse due to decreased subscriptions and inability to produce new content post-strike. Potential solutions include realistic demands and pay cuts for top actors and execs.

      The ongoing writers and actors strike in Hollywood is causing significant disruptions to the film and entertainment industry. The strike has resulted in canceled movie premieres, the use of fictional characters for promotional activities, and international production delays. Industry experts warn that the lack of new content could lead to a collapse of the entire industry due to decreased subscriptions and a potential inability to produce new shows once the strike ends. The SAG-AFTRA president, Fran Drescher, has been vocal about the situation, with Disney CEO Bob Iger calling for realistic demands from the picketers. Some executives propose a 25% pay cut for top actors and execs as a potential solution. This global issue could potentially have existential consequences for the industry.

    • Hollywood writers' strike and UPS workers' potential strike escalate class tensionsThe wealth gap between the elite and the working class is widening, leading to escalating labor disputes in various industries, potentially causing significant economic impact

      The ongoing labor disputes in various industries, from Hollywood to logistics, continue to escalate with the gap between the wealthy elite and the working class becoming increasingly apparent. The latest Hollywood writers' strike, fueled by disagreements over compensation and working conditions, has taken on a class warfare tone with CEOs like Disney's Bob Iger becoming the face of the perceived disconnect between the rich and the rest. Meanwhile, UPS workers are also preparing to strike, potentially causing a more debilitating impact on the economy with an estimated cost of $7 billion for a 10-day work stoppage. The Cybertruck, Elon Musk's long-awaited vehicle from Tesla, has finally been produced, but its sales success remains uncertain despite the hype surrounding its unconventional design. These events highlight the ongoing tension between different socio-economic groups and the challenges faced by various industries in adapting to changing times.

    • Car companies' approaches to electric pickup trucks differFord's electric F-150 Lightning resembles gas version, Tesla's Cybertruck has unique design, both offer impressive capabilities, and pilot salaries increase due to shortage and travel demand.

      Car companies are approaching the electric transition in different ways to appeal to pickup truck buyers. Ford aims to make the electric F-150 Lightning as similar to its gas counterpart as possible, while Tesla's Cybertruck stands out with a unique design. The Cybertruck, which can tow a lot and has impressive ranges, is priced competitively with other electric pickups, but its design might not resonate with traditional pickup truck buyers. Meanwhile, United Airlines pilots are celebrating a significant win with a potential 40% pay increase over four years, reflecting the pilot shortage and the strong demand for air travel post-pandemic.

    • US Pilot Requirements and Soccer in MiamiStricter US pilot requirements create a pilot shortage, leading to high salaries. Miami's potential soccer scene excites with Messi's move.

      The requirements to become a pilot in the United States are much more stringent than in Europe, leading to an artificial shortage and high demand for pilots. This union uses this situation to negotiate significant raises. Meanwhile, soccer superstar Lionel Messi's move to Miami and his shopping experience at Publix has stirred excitement, potentially making Miami a soccer town and increasing interest in local sports teams. Emojis, which have become a popular form of communication, were celebrated on International Emoji Day. Despite my general skepticism towards National Days, I acknowledge the fun and unique nature of emojis and their significance in modern communication.

    • From Japanese art to modern communicationEmojis originated from Japanese art and have become a popular and widely used form of communication across various platforms, even influencing legal cases.

      Emojis, which were first created in 1999 by a Japanese artist, have become an integral part of modern communication. Originally inspired by Chinese kanji characters and weather marks, emojis gained mainstream popularity when Apple added a keyboard to its iPhone in 2011. Today, they are used extensively across various platforms and have even made their way into legal cases, with judges ruling that certain emojis can represent consent or investment advice. Some popular emojis include the straight face and handshake emojis, which convey different emotions and sentiments. Emojis have become so ingrained in our communication that they are celebrated with a dedicated Emoji Day on June 17th, which falls on the calendar emoji's date in the calendar. One notable upcoming event related to emojis is the anticipated release of "Barben Heimer," a project that is expected to make history in the world of emojis. Stay tuned for more information on that.

    • New Films, Writers' Strike, and Major EventsBarbie and Oppenheimer debut, writers' strike impacts red carpets, Mission Impossible underperforms, Netflix earnings, Women's World Cup starts, British Open Golf, San Diego Comic Con, Steph Curry documentary, Rodman's daughter in World Cup, Rory McIlroy favorite at British Open

      This week sees the release of two vastly different films, Barbie and Oppenheimer, which has created a marketing frenzy. The ongoing writers' strike has resulted in fewer red carpet events, but the memes generated will still be entertaining. The box office grosses of Mission Impossible, Barbie, and Oppenheimer were predicted, with Mission Impossible underperforming and a nervous wager being made. Earning season is in full swing, with Netflix being a significant focus due to the writers' strike and password crackdown. The Women's World Cup begins on Thursday, with Trinity Rodman, Dennis Rodman's daughter, predicted to be a breakout star. The British Open Golf starts at Royal Liverpool, with Rory McIlroy as the favorite. San Diego Comic Con also begins, but will be muted due to the Hollywood strike. A Steph Curry documentary and his recent hole-in-one victory at a celebrity golf tournament add to the week's entertainment offerings.

    • A diverse team working together to produce a daily news showA successful news show is a result of collaboration and teamwork among various roles including editor, producer, associate producers, technical director, audio engineer, hair and makeup team, and chief content officer.

      The importance of collaboration and teamwork. We saw a diverse team coming together to produce a daily news show. From the editor and producer, Emily Milliron and Samantha Velez, to the associate producers, Raymond Lu and Yuchenawa Ogu, and the technical director, JV Ogu, everyone played a crucial role in making the show happen. Billy Mannino ensured the audio was on point, while the team put in effort to look their best with hair and makeup. Devin Emery, as the chief content officer, oversaw it all. The show was a production of Morning Brew, demonstrating that a successful outcome is a result of collective efforts. Tune in tomorrow for another informative episode.

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