Cost-effective alternatives for essential services and thoughtful gift-giving: Save money on essential services like wireless plans with PureTalk and pearl jewelry from The Pearl Source. Support veteran-owned and US-based businesses with discounts this holiday season.
Despite economic concerns and political debates, there are cost-effective alternatives for essential services and thoughtful gift-giving opportunities. The GDP report showed a surprising 2.9% growth rate in Q3, signaling the US economy's potential recovery. While some companies continue to make substantial profits, consumers can save money by opting for more affordable services like PureTalk for wireless plans and The Pearl Source for pearl jewelry. By choosing these companies, consumers not only save money but also support veteran-owned and US-based businesses. This holiday season, consider giving the gift of pearl jewelry from The Pearl Source with a 20% discount using promo code Ben. Additionally, PureTalk offers a 50% discount on the first month of coverage with promo code Shapiro. These are just a few ways to make a difference in your wallet and support businesses that have your best interests at heart.
Economic Outlook: False Spring or Serious Slowdown?: Despite recent GDP growth, experts warn of potential economic slowdown due to weak business investment and corporate profits. Monitor economic data and global conditions for updates.
While some experts and commentators are suggesting that the economy has escaped a recession based on recent GDP growth, others are cautioning that this may be a false spring and that a serious slowdown could be on the horizon. The GDP growth in Q3 was driven in part by increased consumer spending and a reduced trade deficit, but business investment and corporate profits have been weak. The ultimate direction of the economy will depend on various factors, including the Federal Reserve's monetary policy and global economic conditions. It's important to keep a close eye on economic data and developments as the situation unfolds.
Economic growth driven by trade deficit decline: The Fed's interest rate slowdown boosted the stock market, but concerns linger about the impact of previous rate hikes on inflation and potential prolonged high inflation levels
The decline in the trade deficit was the main driver of economic growth in the third quarter, but the broader economy's performance was less impressive. The Federal Reserve has signaled it will slow down the pace of interest rate increases, leading to a stock market rebound. However, there are concerns about the impact of previous rate hikes on inflation and the potential for prolonged high inflation levels. Despite the Fed's optimistic signs of progress on inflation, there are still labor market imbalances and high demand for goods and services contributing to inflation. It seems the Federal Reserve may be underestimating the pain that may still be on the horizon.
Biden Administration's Economic Policies and Potential Inflation: The Biden administration's efforts to boost the economy could lead to inflation and the need for tighter monetary policy, while subsidizing high housing prices may benefit the affluent but add to economic instability. Economic growth has slowed, and rising interest rates are weighing on spending. Another spending bill could exacerbate these issues.
The Biden administration's efforts to inject more money into the economy through various means, including expanding mortgage guarantees, could lead to further inflation and potential need for the Federal Reserve to tighten monetary policy again. At the same time, the administration's move to increase the maximum size of mortgages Fannie Mae and Freddie Mac will cover could subsidize high housing prices, benefiting the affluent but potentially adding to economic instability. Additionally, economic growth has slowed, and rising interest rates are weighing on spending, particularly for big-ticket items like cars and homes. Despite these challenges, Congress is considering another omnibus spending bill, which could lead to even more government spending and potential economic consequences. Overall, it's important for policymakers to carefully consider the potential long-term impacts of their actions on the economy.
Senate conservatives push for short-term CR instead of omnibus: Senate conservatives want McConnell to pass a short-term CR to check Biden's agenda and avoid add-ons, while McConnell considers both options due to challenges in passing an omnibus and potential impact on defense funding and Ukraine war.
Senate conservatives are urging McConnell to pass a short-term continuing resolution (CR) instead of a year-end omnibus spending package, citing poor leadership and the need to check Biden's agenda. McConnell is facing opposition from within his own party, with some senators arguing against add-ons in a CR. McConnell is considering both options, acknowledging the challenges of passing an omnibus and the potential impact on defense funding and the Ukraine war. However, the Republican Party's history of being unable to reduce spending effectively and the American people's preference for lower spending until they see it in action may complicate matters. Meanwhile, Biden's administration continues to push for radical policies, including phasing out oil drilling, which could lead to a recession and slow growth. Ultimately, the choice between a CR and an omnibus comes down to balancing spending reductions with national security concerns.
CNN facing significant layoffs due to economic struggles: The economic downturn is causing CNN to let go of hundreds of employees, highlighting the media's reliance on ratings and opposition for financial success
The economic outlook for the United States is not looking promising with a predicted growth rate of less than 2% year on year for the next decade. This stagnating growth rate for the world's most powerful economy has led to financial struggles for media outlets like CNN, which is currently undergoing significant layoffs. The network's Chief Chris Licht announced that hundreds of employees, including paid contributors and hosts, would be let go as part of a budget cut strategy. The media industry's reliance on ratings from political figures like Donald Trump is highlighted, as CNN's struggles without him are evident. While Licht has expressed interest in reorienting CNN's focus towards straight news reporting, the reality is that the network may have to let go of more staff to address their financial situation. This situation underscores the media's need for opposition and conflict to drive ratings, making Trump a valuable commodity. Overall, the economic climate and CNN's financial struggles serve as reminders of the interconnectedness of various industries and the impact of economic conditions on media outlets.
Ensuring Home Security and Digital Safety: During the holiday season, prioritize home security with Ring's notifications and consider digital safety by staying informed and engaged on Twitter's ongoing changes
Ensuring home security, especially during the holiday season, is essential. Ring Security products offer peace of mind by notifying homeowners of guests, packages, and motion detection, even when they're away. These devices also make great gifts. Meanwhile, the controversy surrounding Elon Musk's takeover of Twitter continues, with critics using the voices of former employees to question the platform's safety and transparency. However, Musk has responded directly to critics and promised a more transparent and effective Twitter 2.0. Despite the controversy, long-time Twitter users acknowledge the platform's past failures in trust and safety and welcome the potential changes. Ultimately, it's essential to prioritize safety in our personal lives and in the digital world. For home security, consider Ring. For digital safety, stay informed and engaged in the ongoing conversation.
The debate over Twitter's moderation policies and Elon Musk's control: The controversy surrounding Elon Musk's purchase of Twitter and his approach to moderation policies has sparked debate over the balance between individual rights and government regulation on social media platforms.
The debate around freedom of speech and centralization of power on social media platforms, specifically Twitter, is a contentious issue. Elon Musk's decision to buy Twitter and control its moderation policies has sparked criticism from politicians like Elizabeth Warren and governments like the EU. They argue that Musk's arbitrary approach to banning and reinstating users is a violation of laws and regulations. However, Musk's supporters argue that he should have the right to decide how his platform operates, as he is using his own resources to do so. The EU's threat to ban Twitter in the EU if Musk doesn't comply with their moderation policies highlights the tension between the desire for free speech and government regulation. The issue is not just about Musk, but about the principle of freedom of speech and the role of governments in regulating social media platforms. The EU's selective enforcement of regulations against Twitter while Chinese-owned TikTok remains unbanned adds to the controversy. The debate raises important questions about the balance between individual rights and government regulation, and the potential consequences of government interference in private businesses.
Apple's ties with China and lack of scrutiny: Apple's close relationship with China and manufacturing in the country have not faced the same level of government review as companies like Twitter and Facebook, despite allegations of foreign involvement and compliance with government requests.
While the U.S. government is considering reviewing Elon Musk's purchase of Twitter due to potential foreign involvement, Apple's close ties with China and its control over what apps can be on its devices have not faced similar scrutiny. Apple, which manufactures the majority of its iPhones in China and openly complies with the Chinese government's requests, has been praised by tech leaders like Mark Zuckerberg for its role in lifting people out of poverty. Meanwhile, Facebook and Twitter have faced criticism from the left for different reasons – Facebook for allowing non-left wing companies to thrive after the 2016 election, and Twitter due to Musk's takeover. A notable exception is the lack of consequences for Sam Bankman-Fried, who is under investigation for alleged fraud at FTX, a crypto exchange, despite reportedly donating tens of millions of dollars to Democrats. The disparity in treatment raises questions about the motivations behind the selective scrutiny of tech companies.
FTX Founder's Transparent Admission of $1B Loss: Despite admitting to a $1B loss, FTX founder Sam Bankman Fried received a big ovation for transparency. He emphasized no fraud, but poor risk management. Discussions touched on crony capitalism, political connections, and health benefits of standing desks.
Sam Bankman Fried, the founder of the now-bankrupt cryptocurrency exchange FTX, admitted to a failure of oversight leading to the loss of over $1 billion from user wallets. Despite this, he received a big ovation at a gathering of the elite for being transparent about the situation. Meanwhile, the founder emphasized that he didn't commit fraud, but acknowledged not having proper risk management in place. The discussion also touched on the inconsistency of people's views on crony capitalism and the apparent leniency towards those with political connections or significant financial power. Additionally, a reminder was given about the health risks of prolonged sitting and the benefits of using a standing desk like the e Seven Pro Plus from Flexispot.
Support Small Businesses and Individuals During the Holidays: Consider buying from small businesses and individuals during the holiday season to align with personal values and potentially support local economies, instead of giving to large corporations.
It's important to consider where your money goes during the holiday season. While shopping for deals, consider supporting small businesses and individuals whose values align with yours, rather than giving to large corporations whose CEOs may not share your beliefs. Additionally, the political landscape continues to evolve, with questions surrounding Joe Biden's potential reelection and the Democratic party's options for a replacement. Meanwhile, Joe Biden's public appearances have raised concerns about his coherence and ability to lead. These issues persist despite the Democratic party's better-than-expected performance in the 2022 elections. In the world of products, the Flexispot e 7 pro plus standing desk is currently on sale for $80 off with the promo code Shapiro. And for those looking for a unique gift, Jeremy's Razors is offering a 30% discount on their collection of razor products, but the sale ends today.
Political divisions over border situation and immigration reform: The border crisis and immigration reform continue to be contentious issues, with President Biden facing criticism from Republicans over his handling of the situation and the Democratic Party electing Hakim Jeffries as their new leader, who has expressed doubts about past elections.
The border situation and immigration reform remain contentious issues between the Biden administration and the Republican Party. While President Biden has taken actions to address the crisis at the border since taking office, Republicans have criticized him for not visiting the border and accused him of poor handling of the situation. Meanwhile, the Democratic Party has elected Hakim Jeffries as their new leader, making history as the first black person to lead either party in either chamber. However, Jeffries has previously expressed doubts about the legitimacy of past presidential elections, which raises questions about his suitability for the role as Democratic leader in light of the party's stance against election denial. The ongoing debate over immigration and border security, as well as the leadership changes within the Democratic Party, highlight the political divisions and complexities surrounding these issues.
Ep. 1621 - Elizabeth Warren vs. Elon Musk
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Ep.2047
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Ep. 2046 - Post-Debate, Trump STILL Has The Advantage
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Ep.2046
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Glenn Beck | PBD Podcast | Ep. 353
Patrick Bet-David, Adam Sosnick, Tom Ellsworth, and Vincent Oshana are joined by Glenn Beck! Glenn Beck is a New York Times best-selling author, nationally syndicated radio host of The Glenn Beck Program & Co-founder of Blaze Media. See the trailer for "The Real Story of Colony Ridge": https://bit.ly/3tYtCpE See the full documentary of "The Real Story of Colony Ridge": https://bit.ly/3SoQWpH Purchase Glenn's latest book "Dark Future: Uncovering the Great Reset's Terrifying Next Phase": https://bit.ly/3u1HjnI Subscribe to Glenn Beck's YouTube Channel: https://bit.ly/48Fu4bs 14:00 - Ron DeSantis admits he made a mistake turning down media appearances during his campaign. 48:00 - Wall Street Journal predicts Nikki Haley will lose to Donald Trump in the South Carolina Primary. 59:49 - Heritage Foundation calls out the political elites at the World Economic Forum at Davos. 1:21:00 - Mark Cuban mocks X under Elon Musk as his "little echo chamber" 1:33:15 - Bob Iger's salary doubles despite Disney laying off 7,000 employees. 1:48:30 - China's state media says Taiwanese independence means war. Protect yourself against Central Bank control with - American Hartford Gold: https://bit.ly/3QzMjHd Learn more about American Hartford Gold: Text "PBD" to 65532 or call 866-939-6984! Connect one-on-one with the right expert to get the answers you need with Minnect: https://bit.ly/3MC9IXE Purchase Patrick's new book "Choose Your Enemies Wisely": https://bit.ly/41bTtGD Register to win a Valuetainment Boss Set (valued at over $350): https://bit.ly/41PrSLW Get a free "Future Looks Bright" Hat & T-Shirt: Purchase two "Future Looks Bright" Hats and one "Future Looks Bright" T-Shirt & use the promo code "pbdpodcast2024" at checkout! Get best-in-class business advice with Bet-David Consulting: https://bit.ly/40oUafz Visit VT.com for the latest news and insights from the world of politics, business and entertainment: https://bit.ly/472R3Mz Visit Valuetainment University for the best courses online for entrepreneurs: https://bit.ly/47gKVA0 Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! SUBSCRIBE TO: @VALUETAINMENT @vtsoscast @ValuetainmentComedy @bizdocpodcast @theunusualsuspectspodcast Want to be clear on your next 5 business moves? https://bit.ly/3Qzrj3m Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
--- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/supportCarnivore Bites - 4-13-22- Episode 192 Democratic Splits
