New York’s Attack on Property Rights Proves It’s Time to MOVE | Guests: Sen. Marco Rubio & Carol Roth | 3/21/24
Mar 21, 2024
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Chaos ensues at the House Oversight Committee with Tony Bobulinski's testimony on Biden corruption. New York threatens to seize Trump's assets, showcasing property rights erosion. Govt tracking assets, potential TikTok ban, dangers of Neuralink discussed. Sen. Marco Rubio talks TikTok bill impact.
New York's threat to seize Trump's properties showcases declining property rights in the state.
Legislation addressing TikTok ownership raises concerns about national security and algorithm control.
Advancements in Neuralink pose ethical concerns about privacy, control, and misuse of brain-computer interfaces.
Deep dives
Fed Keeps Rates Unchanged But Hints at Future Cuts
The Federal Reserve decided to keep interest rates steady, but Chairman Powell indicated potential future rate cuts and a more accommodative monetary policy. The Fed's plan includes slowing down the runoff of their balance sheet, signaling a move towards lower interest rates.
New FinCEN Rule Requires Reporting of Residential Real Estate Transfers
FinCEN, under the Corporate Transparency Act, plans to require reporting of residential real estate transfers to crack down on money launderers. This proposed rule would impact individuals transferring property, requiring detailed information and complicating real estate transactions.
Biden Budget Eyes Seizing Properties Over Financial Issues
With Donald Trump facing a large fine, New York authorities threaten to seize his properties. This move could have wide-reaching implications for property rights and business in New York, possibly setting a concerning precedent for other states to follow.
National Security Concerns Regarding TikTok and Foreign Ownership
There are concerns about TikTok's ownership by a company headquartered in China and the potential national security threats posed by the algorithm controlled by a foreign adversary. The algorithm on TikTok tailors content to users based on their preferences, which could be weaponized in times of crisis or for influencing public opinion. Legislation is being proposed to address these issues without restricting free speech but focusing on ownership of critical algorithms.
Technological Advancements and Ethical implications of Neuralink by Elon Musk
Elon Musk's Neuralink technology is making groundbreaking advancements in connecting the human brain to computers, potentially benefiting individuals with disabilities such as paralysis. While offering possibilities for enhancing human intelligence and cognitive abilities, there are ethical concerns about privacy, control, and the potential misuse of brain-computer interfaces. The dual nature of technological advancements presents challenges in balancing innovation with safeguarding individual rights and freedoms.
Election Integrity Concerns and Partisan Politicization
The upcoming elections raise concerns about potential chaos and lack of acceptance of results due to extreme partisanship. With recent instances of criminal charges against political figures and misuse of legal processes highlighting the contentious political atmosphere, ensuring election integrity and public trust becomes a pressing issue. The increased polarization and power struggles underscore the need for transparency, accountability, and respect for democratic processes to prevent further division and political turmoil.
Chaos surrounded the House Oversight Committee hearing with Tony Bobulinski's testimony of the crimes and corruption he claims to have witnessed the Biden family commit. Glenn monologues on the abhorrent ideologies the Left supports despite the chaos and destruction they bring. If President Donald Trump cannot cover his bond of over $400 million, New York will begin to seize his assets. Glenn explains why this story, and the recent news that a squatter in New York was protected over the homeowner, showcases the destruction of property rights in New York. Recovering investment banker Carol Roth joins to discuss the latest way the government is trying to keep track of your assets. Glenn and Stu discuss the bill that could lead to the end of TikTok and some of the language that could be used against us if the bill is passed. Glenn discusses the wonders and dangers of Neuralink. Sen. Marco Rubio (R-Fla.) joins to discuss the TikTok bill and how it may fare in the Senate.