Patrick Bet-David, Adam Sosnick, Tom Ellsworth, and Vincent Oshana discuss various news stories including paying students to attend schools, the closure of In N Out restaurant in Oakland, migrants littering a NYC neighborhood, Joy Reid defending a disturbing book for kids, and the acknowledgment by Biden's DOJ that Hunter Biden's laptop is real.
Read more
AI Summary
AI Chapters
Episode notes
auto_awesome
Podcast summary created with Snipd AI
Quick takeaways
Ohio lawmakers propose a pilot program to combat chronic absenteeism by incentivizing good attendance with cash transfers for select students.
California's homelessness crisis leads to safety concerns, crime rates, and the closing of an In-N-Out Burger location in Oakland.
Bernie Sanders' wife received a book advance in 2017 for an unfinished book, raising questions about its viability and release.
The podcast highlights the ongoing debate surrounding book censorship in schools and the right of parents to decide what is appropriate for their children to read.
The podcast discusses predictions by Goldman Sachs on interest rates, consumer debt, and the potential risks of 'buy now, pay later' options.
Deep dives
Ohio lawmakers propose paying students to attend school and graduate
Ohio lawmakers, Bill Seitz and Danny Isaacson, have introduced bipartisan legislation proposing a pilot program that aims to combat chronic absenteeism by rewarding students for good attendance. The program, set to launch in the 2024-2025 school year, would provide cash transfers to select kindergarten and ninth-grade students in Ohio. Students with a 90% or higher attendance will receive cash transfers every two weeks, quarterly rewards, and a final reward at the end of the school year. Lawmakers believe that this incentive program will help improve attendance rates and increase graduation rates, ultimately benefiting both students and society.
California's rising homelessness and its impact
California is experiencing a significant homelessness crisis, with statistics showing that the state has the highest rate of homelessness compared to other states in the US. The surge in homelessness has led to a variety of issues, including crime rates that affect businesses and even leading to the closure of the only In-N-Out Burger location in Oakland due to safety concerns. The state's homelessness problem has put a strain on services and resources, highlighting the urgent need for effective solutions. Homelessness numbers remain high, prompting calls for stronger border enforcement and stricter policies to address the problem.
The controversy surrounding Bernie Sanders' wife's book
Bernie Sanders' wife, Jane Sanders, received a $106,000 book advance in 2017 for a book about their experiences in public service. However, the book has yet to be published, and it remains unfinished after several years. The publishing company, St. Martin's Press, has been waiting for the manuscript, but there has been no concrete timeline for its completion and release. The delay has raised questions about the book's viability and whether it will ever be published. Critics argue that the long delay and lack of progress cast doubt on the book's quality and marketability.
MSNBC's Joy Reid clashes with Moms for Liberty founder
Joy Reid, an MSNBC host, engaged in a heated exchange with a member of Moms for Liberty over the group's decision to ban the book "All Boys Aren't Blue" from schools. Reid questioned the qualifications of Moms for Liberty to determine what books are appropriate for students to read. The Moms for Liberty advocate argued that certain topics, like incest and pedophilia, discussed in the book, were not suitable for public schools. The exchange became increasingly contentious as both sides defended their positions, showcasing the ongoing debate surrounding book censorship and educational standards.
The Impact of Controversial Books on Children
The podcast episode discusses the controversy surrounding certain books and the right of parents to decide what their children can read. The speaker emphasizes that parents should have the right to determine what is appropriate for their child, even if a child relates to a particular story due to personal experiences. The dangers of assumptions and generalizations are also highlighted in the discussion.
The Debate on Sexualizing Children
The podcast delves into the debate regarding the sexualization of children. One speaker accuses Joy Reid, a member on a panel, of advocating for the sexualization of children by supporting certain books in libraries and public schools. The conversation raises questions about the purpose and consequences of exposing children to explicit material and the importance of informed decision-making by parents.
Predictions on Interest Rates and Consumer Debt
The podcast episode explores predictions made by Goldman Sachs regarding interest rates and consumer debt. It suggests that the Federal Reserve may lower interest rates four times in 2024, leading to potential opportunities in emerging markets and recommending Chinese stocks. The impact of buy now pay later options on consumer debt is also discussed, with concerns raised about the potential for individuals to accumulate excessive micro-payments.
Debt Overextension and Implications
The podcast discusses the concept of 'debt overextension' and the potential consequences it can have on individuals. It emphasizes that 'buy now, pay later' schemes can be risky, as they can lead people to spend money they don't currently have, assuming they will have it in the future. This short-term thinking can result in long-term financial problems, similar to the issues faced by those who turn to payday loans. The podcast highlights the need for responsible budgeting and saving, rather than relying on debt to finance purchases.
Increasing Number of Single Women Buying Homes
The podcast explores a rise in the number of single women buying homes and what it signifies in terms of shifting demographics and attitudes towards homeownership. It points out that more millennial and Gen Z women are showing interest in owning a home and are willing to relocate for better affordability. Factors such as increased female participation in the workforce and a growing number of households led by women contribute to this trend. The podcast also mentions that lower birth rates and declining interest in marriage among millennials and Gen Z are potentially related to this shift in housing choices.
Patrick Bet-David, Adam Sosnick, Tom Ellsworth, and Vincent Oshana cover the latest stories in news, politics, and current events!
We're personally using our sponsor Nextiva to grow our business in 2024. You should do the same. Go to https://trynextiva.com/PBD to get 50% off.
7:00 - Ohio lawmakers propose paying students to attend schools and graduate.
16:00 - Oakland's only In N Out restaurant closing due to crime, homeless rates in California skyrocket.
28:00 - NYC neighborhood turned into giant toilet as migrants litter park with poop, leave cups of urine on doorsteps.
33:00 - Immigration overtakes inflation as top voter concern according to The Hill.
42:30 - Bernie Sanders' wife, Jane Sanders, was paid $106,000 for a book in 2017 that still isn't completed.
51:00 - MSNBC's Joy Reid bizarrely defends book about anal rape made for children during an interview with Moms for Liberty co-founder Tiffany Justice.
1:03:30 - Washington state Democrats propose replacing term "sex offender" to advance a "person-first" approach.
1:11:00 - Goldman Sach's Joshua Schiffrin predicts four fed rate cuts instead of six, 2% inflation in 2024.
1:17:00 - The Buy Now Pay Later holiday debt hangover has arrived, leaving consumers wondering how they'll pay their bills.
1:21:00 - Why single women made up 22% of mortgage applications in 2023.
1:28:00 - President Biden's Department of Justice acknowledges that Hunter Biden's laptop was real.
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.
