April 15, 2021 • 39 mins
On this Women Wednesday edition, John discusses what's going on with his NYC Comptroller campaign, Xen Sams new show, the national debt, devaluing of the dollar, and what is going on in the workforce, and Biden's abuse of policies. Today's guests: Xen Sams, Heather Zumarraga, Angelique Rewers, and Karyn Turk.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:02):
He all right, all right,welcome back, so much going on.
Welcome everyone out there on biz TV, all my folks and friends out there
listening on BIS Talk radio, andof course out on the Money station here.
We've been having some technical difficulties we'reworking on addressing. I'm sorry for
(00:24):
that. But the best of news, markets and politics is coming away every
day with lunch right here from noonto two eastern. And first and foremost,
what's happening with your money? What'sin your wallet? That's the question
everybody wants to know. With increasinggas prices not as fast, unemployment recovery
(00:45):
going on under Joe Budden, andimmigration abound, like craziness abound. But
the Dow Jones industrial average likes whatit's seeing with stimulus and this other stuff.
Up to one hundred points today,fueled largely by the coin base IPO.
I don't know if it's fueled bythat, but it's like excitement around
coin base because this is kind ofvalidation that cryptocurrency is here to stay.
(01:10):
They came public right out of thebox. I believe a seventy billion dollars
valuation, which puts them on parwith Ice, the former New York Stock
and change, So this is likethe new age and of course fitting or
ironic if you will. The sameday, coin Base, this digital cryptocurrency
(01:34):
trading platform, is launched into thepublic markets. Themed Panzi schemer Bernie Madoff
has died in prison, and Idon't think there are many people shedding a
tear for Bernie Madoff, but itis kind of like a changing in a
guard made off dead. Coin Basealive and kicking and going forward. It's
like the new era. My brotherTodd was mentioned in that. To me
(01:57):
this morning it is a national XSpouse Day, so I want to wish
you a very happy and healthy dayto my ex spouse is. She's a
wonderful person, great mom, andI thank God for her all the time
as I thank God for you,because without you, I'd probably go crazy
because I look forward to this twohours every day, probably more than you.
(02:21):
Be honest with you. Zen Sam'sis going to join us a momentarily.
It's Woman Wednesday, and we tryto load up the show chock full
of interesting, intelligent and creative women. Zen is all three of those things.
She's modeled. She's an actress,she's a super mom, and she
just launched a radio show here inNew York. I guess that's her first
(02:43):
affiliate and she'll probably grow from there. But it's called a mom Moment of
Zen. Okay, and it spelledmom and like she's a mom, but
she's a zen, you know.And we're gonna talk about that a bunch
of other stuff here if we everget to her. It is National Gardening
Day for any of you out therewho feel like digging a hole today,
(03:04):
and today's show is brought to youby Miracle Bro for National Guardian Day.
Now it's not um. And it'salso National Dolphin Day. So for all
my friends in Miami who are NFLfans Miami Dolphins, Yay, today's your
day. UM. I don't knowwhere his en is. She's not usually
late. But some news coming outof Hollywood and from the who Really Cares
(03:29):
Department? UM, justin Timberlake,it is being reported insisted that Janet Jackson
wore the infamous wardrobe malfunction to oneup Britney Spears, who was the saying
it was kind of just Timberlake's ideato and have the wardrobe malfunction. U
(03:49):
usher Um is apparently being accused ofushering in a whole new type of currency.
He was apparently passing fake bills inVegas. So you know, Usher,
it's like, I gotta have likemillions on top of millions unless I'm
crazy. But oh, I thinkwe are now joined by our great friend
(04:13):
and newly minted radio host from theMoment of Zen, Zen SAMs is with
us now. He Zen, Hihi JT. How are you. I'm
doing so good, I mean,not as good as you. And I
was just telling the audience about howyou continue to become a multi medium mogul.
And you're going am Radio now withthe Moment of Zen heard here in
New York on seven ten AM oneof the strongest signals in New York.
(04:36):
Big boys here in New York,and tell us a little You're always talking
about stories, but to me,you're kind of a story today. Tell
us why you're doing the Moment ofZen and what people should tune into here.
Well, thank you, John.So the Moment of Zen is me
finally bringing my voice to a solidplatform on a much bigger level. And
(04:57):
it's me bringing you everything film,fashion, culture and entertainment from the millennial
mom's perspective. And every week Ihave a mix of celebrities, a mix
of local influencers, a mix ofpoliticians who are really paving the way and
doing great things. And so it'sa one hour show. We're live every
Saturday night from seven to eight pm. We switch to the nine to ten
pm slot as of May. Theshow then gets turned into a podcast within
(05:23):
an hour of it airing that willlive on the WR website, and then
within twenty four hours it's a fullyuploaded live show. Well, this is
quite amazing, but it's not shockingto me because as long as I've known
you, you've always been growing inevery way except your waistline of course.
Yeah, but no, but youknow, as an artist, as a
(05:45):
producer, as a filmmaker, youkeep branching out now radio and I think
you know most of your message ofbeing a woman of empowerment, being a
woman who cares about freedom and libertyand patriotism, which is rare from people
from Hollywood like you. But whatI hear you getting some good guests from
(06:05):
a moment of zen. Also,these are like women empowerment guests and stuff
like that. Yeah, we havesome really strong guests and we had quickly
Mandela's quickly Mandela was on Nelson Mandela'sgrandson. We had Miss a Universe,
who is the first woman of Sudaneseorigin to hold the Miss Universe Canada title.
We had Grandmaster Cass, who isone of the most versatile pioneers of
(06:26):
hip hop. We also have Ladyfly Girl Lady Jay who's otherwise known as
Jania Butler and she is ahead ofthe Hip Hop Union. So fly Girl
Lady j is somebody that the hiphop community really knows well and trust.
So she helps with the Politics ofhip Hop segment, which is a really
cool segment where the artists come inand talk about politics in a healthy way
(06:46):
from within the hip hop community.I like it. This sounds amazing.
I heard a little bit of theother night, but I know you said
that to me. I was lookingforward to telling all our audience about it.
But tell me what's going on withthis guy Usher. Apparently this guy's
got to have mega millions. He'sout there passing phony bills in Vegas.
(07:09):
No, actually it's not true.Usher was accused of using fake money to
tip Las Vegas dancers, but itturns out that it was all a big
confusion amids the effort to promote hisupcoming Las Vegas residency at caesar Palace.
So Usher's Las Vegas residency will beginat the College Team at Caesar's Palace on
July sixteenth. And what happened wasthat apparently when a Twitter user by by
(07:30):
the handle b Love asked her followers, Hey, ladies, what would you
do if if you danced all nightfor Usher? And he threw this and
she posted a picture insinuating he tookthe dancers with fake money. But in
actuality, Usher was a true gentlemanand a great guess according to Sapphire director
Marketing Greg Wilson, and he andhis crew converted thousands of real dollars to
tip the girls dancing on the stage, and they left them generous tips.
(07:53):
It was just a misunderstanding on Twitterthat ended up going viral, and it
was not the case at all.All Right, last couple of minutes here,
I don't really care about Usher's escapadesin a strip club. It sounds
like just your two dr to me, what about your favorite thing? Harvey
Weinstein apparently getting the wrath of God, going blind, losing teeth? What's
(08:16):
happening all of the above. Karmahas a very funny way of evening things
out, doesn't it. John.So Harvey is going blind and has lost
several teeth. Currently he's behind bars. He appeared virtually in Erie County Court
by a video monitor to fight thesethese new extradition charges to la on a
fresh sex crime indictment. But hisattorney is basically arguing that Harvey can't be
shipped off just yet because of thesegental and eye procedures that really need to
(08:41):
be tended to. But you know, look, I don't feel sorry for
the guy. He's apparently he's almostblind and needs an eye operation. Great,
perfect, stay where you are,rot, Yeah he should rot.
And apparently he is right, Yeahhe is. And you know it's not
like a moment where you want towish for any better to die. But
it just seems like he's on apath to you know, straight on the
(09:05):
express elevated downstairs. Oh oh yeah, Um, all right, we got
about one minute left. I wouldlove to hear about this, vander Pump.
I know the reality thing is poppingoff. Well, actually, there's
there's another story that came in thatwe should highlight. There's a former Bachelor
star, Colton Underwood. He's comeout as openly gay. And this is
(09:26):
kind of an interesting story because he'sa twenty nine year old reality star from
the from The Bachelor and a formerNFL player, and he opened up about
coming to terms of his sexuality duringthe past year. But in in this
recent Good Morning America interview that hedid with Robin Roberts, he said,
look, I ran for myself forall these years. I hated myself.
He spent the last few years inthe NFL after getting drafted by the San
(09:50):
Diego Chargers in twenty fourteen, andhe was in the closet. Then he
began his reality TV stint on onBecca Cofferen season of The Bachelorette before going
on to star in The Bachelor intwenty nineteen. And then he had his
final Rose recipient, Casey Randolph,that he dated up until last year,
and he came out of the closet, so he was dating the scroll up
until last year. He was anyou know, football player, reality TV
(10:11):
start, he just didn't have theability to come out and tell the world
that he was gay, and sohe finally took that step forward on Good
Morning America with Robin. So goodfor him. She got it all right,
she's the best in the business.That's why she was in the leadoff
spot every single Wednesday right here onLiquid Lunch. But she's spreading herself.
We may lose I hope not.But you got a tune in on Saturday.
(10:33):
Go to our website, go tous social we'll share it all up.
But last week's moment is end podcastis out there all right, Heart
Radio correct. Saturday night, she'llbe on. You can hear the show,
well put together show, and anhour later the podcast is there if
you want to listen to it again. I Heeart Radio a moment of zen.
Thank you for more than a moment. Hey, all right, welcome
(11:09):
back, just breezing through a myfavorite show in the week, Woman Wednesday.
Okay, Um. In the beginning, I was taking a lot of
heat about having a woman Wednesday.Only had women on Wednesdays? No,
yeah, eddiots, I have womenon every day and we got the best
in the business. But on Wednesday, we should try to focus on the
women's perspective a little more, um, and women tend to be smarter,
(11:31):
healthier, a little longer. They'reactually the majority of the whole damn planet.
Um. So one day a weekWe try to get the best of
the best and bring you everything youneed to know. If you're in the
doubt, you need to know today'sa good day for you. Up a
couple one hundred day and now hasthat a little trickle out today, But
it's been on fire lately. Bignews. Coin Base goes public sixty eight
(11:52):
billion dollars seventy billion dollar valuation righton par now with the former New York
Sack Exchange ICE, so it couldbe a little handoff of the baton on
and bitcoin loves it also sixty threethousand. My next guest is head to
Zumarraga, joining us for the firsttime. I believe we're ring the bell
the first time, but no strangerto going against her head to head on
(12:15):
news and actually we often go onTom Vasili show and talk about what's going
on in Marcuts. But she's oneof the best in the business, founder
of Zooma Global and the author ofThe Man's Guide to Corporate Culture. The
Thanks for coming on my show.Finally, how's it going. It's really
good to be here. Thanks forhaving me. John. So, I
know you don't love talking about cryptocurrency, but I kind of feel like the
(12:39):
magic printing press in the sky,Joe Biden's banging out more and more and
more national debt, devalueing the dollar. One third of the CPI increase was
oil gas prices. I feel likethe devaluing of the dollar is forcing people
to learn a little more about bitcoinbecause inflation's coming in the dollars deemed valuing.
(13:01):
What do you think, Yeah,you're absolutely right. I mean,
when you look at how much moneywe're printing, it's hard for the mind
to even fathom or imagine trillions ofdollars. Once upon a time, maybe
before my time, I don't know, we were debating about billions in Congress,
and now we print trillions like it'snothing. And I can't just blame
(13:22):
it on Joe Biden and the Democratsand their administration because look to be fair
Republicans under the Trump administration and alsoprinting four trillion. But at what point
if the economy is getting better,you have the market hitting all time highs
again today, the stock market,So why do we still need trillions of
(13:43):
dollars if people are going back towork and according to the CDC, a
third of Americans have been vaccinated.I mean, I don't know about you,
but maybe save the money for arecession. One of those little things
there, remember two thousand and eight, two thousand and nine, has you
know one of the things. I'vebeen talking about a lot because I'm seeing
(14:03):
it right here in New York City. I think commercial real estate, small
commercial, multi story, commercial,multi family buildings. No one's paying their
rent, which means the investors aren'tpaying their mortgages. And the banks have
no recourse because they can't foreclose.So I almost feel like the looming disaster
(14:24):
is a bank's gonna crack. Yeah, well not this morning. You had
JP, JP, Morgan, Goldman, Sachs, Wells, Fargo. They're
all reporting in the banks. You'reJamie Diamond, he said, not just
that we're growing. I think hisquote was that the economy is prime for
extreme growth. Loan demand remains achallenge, but nobody's taking out loans right
(14:48):
now because I guess you don't needthem if we're have the printing press going,
which brillions of dollars out there.But to get back to your point,
there is inflation. It is veryworrysome because you look at the housing
market and people like me have beenpriced out. I'm renting. I've been
waiting for the housing market to comedown. I'm in Florida, for example,
(15:09):
and I came down here before everybodyelse. I mean, I wasn't
born here. But just to beclear, I've been here for like two
years now, and it's like aroundthe corner. Why either A you can't
afford it? Or be why areyou going to pay a million dollars for
a twelve hundred square foot dump thatneeds to be renovated. It just doesn't
(15:31):
It doesn't appeal to me. Ican't imagine what. I don't know what's
going on. Yeah, going backto the market thing, and I've been
in Florida. Every time I've beento Florida recently, I stayed longer than
I wanted, than I thought Iwould. But is this a little fit
of the famous term used by AlanGreenspan irrational exuberance in the markets, Because
(15:52):
I don't see you know, I'ma long term, long time short seller,
so I look for all valued situations, and I'm looking at the whole
thing like it's all, you know, like the boy in the plastic bubble.
As soon as they stop pumping themoney in, somebody's gonna pull out.
The cockpit and this thing's gonna cleanout, That's what I mean.
Short Sellers have been hurt because itmakes sense that the market, especially the
(16:18):
tech sector, would be overvalued.You look at us as we're going back
to work or reopening the economy,but tech keeps heading higher. Cryptocurrencies,
You've got coin based debut today andpeople are bidding the stock market up to
new highs. Gas prices up overtwenty percent in the last month. So
if that's not an inflation, toofew dollars chasing two, too many dollars,
(16:41):
chasing too few goods, I don'tknow what is so at some point
time, But John, the problemis you'll be right. But will it
be next week or will it bea year from now? Yeah, well,
I'm afraid it's closer than anybody expects. But I hope that's not what
I'm wishing for. A friend ofmine has a building materials supply company,
(17:02):
and he was telling me that apiece of three quarter inchply would which is
basically used for the flooring in anynew construction. You know that's with lumber.
Um has gone from thirty five dollarsto ninety dollars in the last six
months. Maybe nine months or so. Okay, so you know there's hyperinflation
in places that Jerome Powell doesn't evenwant to think about. They're looking you
(17:25):
know what I'm saying, right right, So see we can agree because we're
agreeing on picture yea, all right. You see, I don't like to
My managing editor doesn't like me tooveruse the bell, so I can ring
it when a guest is on forthe first time, and then when there's
sound agreement, I can give ita little binger. I'm gonna bring my
(17:48):
own next time, because I thinkyou're spot on. The FED continues to
ignore inflation or will acknowledge it,but says it's quote unquote transitory, which
just simply mean it's temporary to theFeds. What if it's not. I'm
a wonk, right, so Ilook at these little things. But a
few weeks back, the FED decidedthat they no longer going to polish publish
(18:14):
the money supply numbers, so theydon't want you know, the global economy
looking at how fast the velocity ofmoney supply is going up, because that's
gonna destroy their narrative on no inflation. You know, that's not transparency that
I like to see. No,it's not. It's going to destroy the
narrative that we can handle two percentabove two percent inflation, which, to
(18:37):
be honest, to be fair,for the past ten years, we haven't
had roughly any inflation. You havethe rise of the e commerce which is
mitigating and putting some downward pressure inpricing, as well as the pandemic.
But look, two percent, nobig deal. But you start seeing three,
four or five percent inflation and you'rekeeping interest rates near zero, you're
going to lose control over near zerorates. You have a massive debt and
(18:57):
deficits. Federal debt what twenty eighttrillion now I lost count and coming around
thirty, I'm going around rounding tothirty who knows? Who knows? What's
another trillion? Between friends? Theproblem is the interest rates head higher.
That's when people like you are goingto be right. When we can't even
pay the interest cost on our debtand service our debt, that is for
(19:18):
sure. UM. Heather Zumarraga joinsUS for the first time. She's the
founder and CEO of zoom of Global. She's financial analyst, author of the
Man's Guide to Corporate Culture and gocheck that out. UM and a wonderful
addition to the show. I'm soglad you finally joined us. Earlier you
said next time you may bring abell um. I wanted to go easy
(19:41):
on you today because I know whatwas your first time, But most of
the guests bring a drink to liquidlunch. So next time, well,
next time we'll go to the nextstep and tell us it all right.
(20:06):
Welcome back, just breezing through thefirst hour here of a woman Wednesday edition
of Lakewood Lunch. Welcome everybody outthere on Bizin TV, listening on bizin
talk radio, and the Money stationout in Portland checking in on your money.
H dal Jones up one ninety havinga good day. Lots of anticipation,
enthusiasm around the coin base IPO,which is a cryptocurrency biheam out here
(20:30):
in the US came public with justabout the same walking cap as the New
York's actation. So Big News deaddow down thirty three, a little off,
but it's been really overperforming lately,So not in a worry about I
don't think, and Big Cooin enjoyingthe cryptomania right now. Sixty four thousand.
We bring you the best guests everysingle day On Wednesday, we try
(20:55):
to pack it chuck full of greatwomen guests. And we have another one
right now joining us. Angelie Grewersis with us. She is a workplace
business expert, founder of the CorporateAgent. And you've been with us before.
We had a fun conversation last time. I remember what the hell is
(21:17):
going on in the workplace right now, because I'm hearing companies now they're going
to start going back two days aweek. Alternating I'm hearing other companies are
going to let the people stay remotefor another year. What's happening now.
They don't have a clue. What'shappening is what's happening. They're trying to
figure it out day by day.Any of the companies that tell you and
a press release they know what they'redoing, they don't because if you talk
(21:41):
to all the people behind the scenes, they're scrambling. So they're kind of
making it up. Look, wedon't have a playbook for this, so
they're just making it up as theygo. Yeah, and I'm looking at
people I know that have big commercialfootprints in New York City. They've gotten
these kind of co workspaces out inthe burbs that and they're just waiting for
their least is to come up sothey can chopped their footprint in half and
(22:04):
allow their senior management to work fromabroad and come in a couple days a
week. I think yeah, Butyou know, JP Morgan Chase probably said
the smartest thing about this in thelast week and their shareholder letter. Your
audience, I would think has readthat shareholder letter from Jamie Diamond, but
he talks about the fact that,look, you can do work from home
(22:26):
for a while, but you getnew people coming into the office. You
get these young kids coming out ofcollege. No one has taught them how
to work. Just because you tooka history class on World War two does
not know mean that you know howto lead a project or get anything done
in the office. So they're alreadyseeing a problem where if they don't have
(22:47):
people in an environment where you cansee how other people show up and how
to actually talk to people and howto get shit done in the office.
Can I say that on here,Not really, but I think it just
went by. So if you can'tget it done, then you're not gonna
get anywhere. So they're already pushingback. We've heard it from major media
(23:07):
brands, major bank brands, majorconsumer brands, that they need these people,
at least some in the office.It is very difficult to indoctrinate somebody
into your culture over zoom, andI think we're all forgetting. Like you
know, she's a master of sales. Just by that little thing there where
she demonstrated an age old axiom forentrepreneurs out there, you'd rather ask forgiveness
(23:33):
than permission. So you noticed shesaid the curse and then she said,
can I say that? I likethat? I like that move right there
makes me. It makes me thinkshe knows all the little tricks of the
trade, which I know a fewI know. Let me ask you this,
After all this pandemic crap, allthis stuff we're talking about here,
how could small businesses kind of turnthe engine back on and get it going?
(23:59):
The big thing right now is tofocus on helping companies. Think that's
it. If you want to makemoney right now, get them in a
room and let them pay you tohelp them lead the conversations about what they
need to do. That's where thebiggest dollars are for the well want to
make money right now? Well,one of the things you can do,
(24:26):
literally is what you're doing like thisonly closed door with business leaders. Tell
them something they don't know, tellthem something they forgot to think about.
They will think you're the smartest personin the room and you lead them into
a consulting engagement with you. Butbig thinkers meet in small rooms. Stop
(24:48):
the social media nonsense. Get themtogether in a room, lead a discussion,
tell them something they don't know,sell them into an engagement with you.
That's how you do it. Whatabout all this craziness with the vaccine?
How to companies are justust now totravel? Yeah, everybody's waiting for
(25:08):
someone else to make a decision.See it out in court, because we
all know it's going to end upin the courts. That's where it's going
to go in terms of especially underemergency use authorization. Do companies or do
companies not have the authority you're goingto see. I'm here in Florida,
so they've said, you know,no vaccine mandates here in Florida. We
(25:30):
know other states have said yeah.So all the companies are waiting for someone
else to fight it out in courtbecause it's going to be expensive. But
here's the thing. Companies want toget people back. They want to make
money. Employees don't want to losetheir jobs. Customers want to be able
to go to the movies, theywant to be able to go to baseball
games, they want to be ableto travel on cruise ships. So we're
(25:53):
going to have to figure out howwe all get along and do that.
But I think there's a big legalmess coming and it's going to take five
years to sort through that. Soin the meantime, companies are going to
have policies and then they're going tohave exceptions. That's just the reality of
it. Got it, um,You know, a few years back,
I had a few people that werechampioning me to be nominated to work for
(26:18):
the in the Trump administration, forthe Small Business Administration, and then um,
when some of my friends came backin the background check, they were
like, no, Pal, you'reout. You never, You're never work
in asimitiation. Now, Ken,it's an it's an exhaustive process. But
Isabel Guzman has been named the newhead of the SBA. M this is
(26:41):
a good sign for female owned businessesin your view. You know, I
don't think it matters who's leading it. I really don't If women business owners
want to succeed. They need tolearn how to be their own advocates.
They need to lead with their numbers. A five dollar cowculator is your best
decision. You need to learn howto speak up. You need to learn
(27:03):
how to negotiate. You need tolearn how to be visible. You need
to make sure you understand P andL. You need to understand how your
customers make money because at the endof the day, that's why they buy.
I think any female who wants todo business and do it well can
has the power. Right now,I don't care who's at the head of
the SPA. You have the abilityto go out there and make money if
(27:26):
you understand business, which comes downto a calculator. Okay, And you
know the previous head of the SmallBusiness Administration was Linda McMahon quite successful.
You know of Vince McMahon from theww A huge, you know, behemoth
talking about right, huge And Ilove seeing women in leadership, so I'm
all for it. But at theend of the day, it doesn't matter.
(27:48):
It matters what you do every day, and you've got to understand your
numbers, and you have to understandyour customers numbers because that's why they buy.
They buy because they're going to makemore money or they're gonna stop losing
money. That's why companies buy,no question. All right, um,
Angelie Grewers is she must be growingon you because she's growing on me too.
(28:11):
Um. She brought a prop today. Sometimes I ring the bell or
I hit my that was easy button. What do you have? What are
you having? The prop to point? Yeah, here you go, So
stop it. All those bad habits, stop it, stop it. I
love it. Uh she brings Uh, she brings color to the show,
(28:33):
great advice. I love them.My eighty percent of our audience identifies as
investors, entrepreneurs, small business owners. So um, she's talking the stuff
you need to learn. I lovewhen my audience learns. And uh,
she's one of the best in thebusiness at showing small businesses how to think
big um. Founder at a corporateagent, Angelie Grewers, Angelie, thank
(28:53):
you very much, appreciate it.Thank you so much. Glad to be
here. All right, all ofyou watching there, please stick with us.
I want to go over a fewthings, and I did want to
check back in on the markets.Right right now, the Dow is having
quite a day, up two hundredbut Bitcoin raging at sixty four thousand.
(29:17):
Now. The big news today wasthat coin Base, which is the largest
and oldest or at least you know, most reputable cryptocurrency trading platform and broken
dealer, and you know they haveall kinds of different features around it now
where you could trade cryptocurrencies pretty easily. They went public today and they came
(29:42):
out of like a sixty five seventybillion dollar evaluation, which puts this company,
which five years ago didn't exist,at just about the same market cap
as the ICE so, the NewYork's former stock New York Stock Exchange.
So um. The same day thatburning eid Off, you know, basically
(30:03):
the master punzy Wall Street ponzi man, Ernie Madoff died in prison today and
the same day we usher in anew era of trading with coin based go
in public. And I think alot of people are buying into bigcoin now
because they see, wow, thisis getting real coin bases even public.
(30:25):
So bigcoins having a nice rush upwith it, And if you want to
know what's good, you might wantto get with it and get yourself a
little more educated. Unaware of what'sgoing on with these alternative assets like cryptocurrencies
and particularly bitcoin. So we'll takea quick break right here, we'll flip
it around. We'll come back andgo behind the headlines with Karen Turk,
(30:48):
as we do every Wednesday, righthere on Wednesday Liquid Lunch. All righty,
welcome back. Big day for themarkets today now up two hundred.
(31:11):
The big news the coin Base goespublic, the preeminent bitcoin trading platform here
in the US. Goes out ata sixty eight billion dollars valuation, same
valuation as the New York's doction.So it looks like bitcoin continues to be
here to stay. We'll get intothat a little later on. But every
(31:32):
Wednesday, I wake up in themorning and say, yay, it's one
Wednesday, because we have the bestguests on one Wednesday. But then today,
in particular, I was thinking aboutbeing the show like a lazy slob
and not shaving and not getting dressed, and then I was reminded, wait
a minute, Karen's gonna be on, and you gotta look good. So
I went up and cleaned up andshined up, put a soup tie everything
(31:53):
else. Then goodness, and KarenTurk joins us Formavis Florida. She goes
behind the head lines every week onher channel on YouTube. Hello, dear,
how are you today? I amso glad to be her and you
look so dapper and handsome. I'mso happy that you got ready for me.
Um Am, I allowed to saydear also, I said, how
(32:15):
are you dear? That you cancall me all sort of nice names.
I like anybody that flatters me orcalls me. You can call me honey,
you can call me dear. Anyof those pleasantries. I embrace them
all, bring them on, Likeif I say you look marvelous, darling,
that's fine. You can hold adoor for me. You can be
chivalrous, you can be a man, I like meg. Yeah, it's
(32:36):
really weird stuff. Um so um. Joe Biden is announcing that something Donald
Trump was trying to do a littlewhile back, and they were all crazy.
He's gonna withdraw our troops to himAfghanistan, supposedly to commemorate the twentieth
anniversary of nine to eleven m.What do you think about this madman um
(32:58):
pulling the troop Saturday? Yeah,yeah, I mean I think he is
a madman for sure, And youknow, I find it interesting the reception
that he's getting compared to the receptionthat Donald Trump got over the same thing.
And it's just so illustrative of what'swrong in our world. And you
know, our world's a little upsidedown route that right now. And you
know, being that, you know, Joe Biden is the leader of the
(33:21):
free world, which I still can'tabsorb into my brain. You know,
I guess he's got to make thesedecisions. But I think it's interesting that
the media has such a different takewhen Biden's doing something versus when our former
president Donald Trump wanted to do it. Well, let me ask you to
speaking on a former president who oneof the greatest immigration policies built that wall,
cut down migrations across the border immensely. That's out the window now and
(33:45):
the state of Texas is actually suingJoe Biden about the rescinding the remain of
Mexico policy. I love this story. I when I saw this story this
morning, I perf up immediately.It was one of the big things I
wanted to discuss on the show becauseI think this is amazing and I'm really
proud of Texas for taking a standand suing him. It's the right thing
(34:08):
to do, and you know ourgovernor down here in Florida, Governor de
Santis has just started to sue onbehalf of the prison line industry and file
a bunch of lawsuits over the coronaviruscrisis. And I think what's happening in
Texas is really great, and Ithink more states should follow suit, and
(34:29):
we should be filing suits against JoeBiden, against the administration for these horrible,
abusive policies which hurt the American people. It's absolutely bizarre because it was
working all right, stay over there. We worked it out with Mexico,
right, and the people that shouldbe in Ultimately they can work their way
in. Let me ask you this, Joe Biden again, he's like,
(34:54):
at points cripplingly funny if you're watchinghim, because it's like he doesn't know
where he is and he loses histrack on the tele prompt. There's so
much crazy shit. I don't thinkI can say. He even say that,
Oh, Russia is now um playinga little cat and mouse, saying
well, Vladimir Putin offered to debateJoe Widen in a live debate. What's
(35:19):
happening with the tensions there? Well, you know, Joe Biden's never going
to do a live debate. Let'scall it what this is because just like
you said, this is a manwho basically is a puppet. He probably
has dementia in some ways. Ithink it's almost elder abuse the way they're
stringing him up. I mean,you know, I wanted to get the
hashtag, you know, trending freeJoe, like free Brittany, free Joe,
(35:42):
Free Joe from the White House.Because this guy has no clue what's
going on. So you know,when we talk about him doing a live
debate, it's a joke because he'snever going to do it because unless there
is a way for him to becoached and free taped, they're never going
to allow him to speak. Lookhow they pulled him. You know that
when when the press is asked questions, they pull him right away. They
won't they won't let the guy answera question. So the babe putin,
(36:05):
I mean, come on, let'sput a lid on it. You know,
Donald Trump would have probably said,yeah, let's do it right now.
Let's zoom a minute, you knowwhat I mean. Like Donald Trump
probably be like, yeah, okay, come on, what do you want
to do? Yeah, let meask you this. Uh. I just
had Heather Zoomarraga on She's down therein Florida. How is my favorite state
going right now? I love thatgovernor man, I love him. We
(36:28):
love him too. And we're justmissing one thing. We're just missing a
little John Tobacco down here. We'rewilling for you to come. The sunshine
is calling. Oh my god,I know it. I know it.
You don't even know what's going totrying to throw me off the ballot in
New York. It's it's I'm upto my neck in it. But um,
we will not surrender, No,never Surrender. Wasn't that a song
(36:50):
like it goes out like a goodeighties song? You should saren Amy never
Surrender? And that was a songwas it like Corey hard or somebody sang
that. I don't know, Iknow, I know this one was probably
an eighties song Never See Goodbye,Never See Goodbye? Yeah, Mondovie,
I believe that was on the SlipperyWhen Wet album. Wow. She you
(37:15):
think she only goes behind the headlineson news and politics and stuff. Now
she goes right out there and sitesthe album that the single was on.
Um, I am said at thethought of saying goodbye to her. That's
why that song came to me.Never say goodbye. Um my separation anxiety
(37:37):
goes up as you can see himsweating a little bit because I know it's
drawing to a close. Um,well, and I will I will miss
you until next week. I willbe waiting for women Wednesday because this is
my favorite time of every week andI love being there on liquid lunch with
my favorite John Tobacco. Oh,you can free, character free, Karenter.
(38:04):
Somebody should have gotten that turned inwhen I was in jail. Nobody
about it. Um, we gotthirty seconds left. But I know you're
a big advocate for elder care.Um, and seeing you care and how
they treat it and the laws aroundthat. I noticed Bernie Carrick is also
tweeting about that too. That's gotto help the cause that you fight for.
(38:24):
It really does. And he's amazingand I'm so glad that his eyes
are open and then he's fighting forus and he's really going to be a
leader for change in this movement.And I am so proud of him as
a friend and he's an amazing patriot. And thank you, Bernie, if
you're watching, thank you Bernie.We all appreciate you so much. Thank
you Bernie, all right, andthank you Karen, and thank you for
(38:45):
reassuring me by saying that you'll beback next week. So everything that Karen
ter forem missus Garda also goes behindthe headlines all the time on our YouTube
channel, one of my favorites andalways makes my Wednesday better for my friends
out there on radio Land, We'llsee you tomorrow to rescue on vis TV
(39:08):
and Facebook. Stick right there,flip it around, come back with our
two right at the day
He all right, all right,welcome back, so much going on.
Welcome everyone out there on biz TV, all my folks and friends out there
listening on BIS Talk radio, andof course out on the Money station here.
We've been having some technical difficulties we'reworking on addressing. I'm sorry for
(00:24):
that. But the best of news, markets and politics is coming away every
day with lunch right here from noonto two eastern. And first and foremost,
what's happening with your money? What'sin your wallet? That's the question
everybody wants to know. With increasinggas prices not as fast, unemployment recovery
(00:45):
going on under Joe Budden, andimmigration abound, like craziness abound. But
the Dow Jones industrial average likes whatit's seeing with stimulus and this other stuff.
Up to one hundred points today,fueled largely by the coin base IPO.
I don't know if it's fueled bythat, but it's like excitement around
coin base because this is kind ofvalidation that cryptocurrency is here to stay.
(01:10):
They came public right out of thebox. I believe a seventy billion dollars
valuation, which puts them on parwith Ice, the former New York Stock
and change, So this is likethe new age and of course fitting or
ironic if you will. The sameday, coin Base, this digital cryptocurrency
(01:34):
trading platform, is launched into thepublic markets. Themed Panzi schemer Bernie Madoff
has died in prison, and Idon't think there are many people shedding a
tear for Bernie Madoff, but itis kind of like a changing in a
guard made off dead. Coin Basealive and kicking and going forward. It's
like the new era. My brotherTodd was mentioned in that. To me
(01:57):
this morning it is a national XSpouse Day, so I want to wish
you a very happy and healthy dayto my ex spouse is. She's a
wonderful person, great mom, andI thank God for her all the time
as I thank God for you,because without you, I'd probably go crazy
because I look forward to this twohours every day, probably more than you.
(02:21):
Be honest with you. Zen Sam'sis going to join us a momentarily.
It's Woman Wednesday, and we tryto load up the show chock full
of interesting, intelligent and creative women. Zen is all three of those things.
She's modeled. She's an actress,she's a super mom, and she
just launched a radio show here inNew York. I guess that's her first
(02:43):
affiliate and she'll probably grow from there. But it's called a mom Moment of
Zen. Okay, and it spelledmom and like she's a mom, but
she's a zen, you know.And we're gonna talk about that a bunch
of other stuff here if we everget to her. It is National Gardening
Day for any of you out therewho feel like digging a hole today,
(03:04):
and today's show is brought to youby Miracle Bro for National Guardian Day.
Now it's not um. And it'salso National Dolphin Day. So for all
my friends in Miami who are NFLfans Miami Dolphins, Yay, today's your
day. UM. I don't knowwhere his en is. She's not usually
late. But some news coming outof Hollywood and from the who Really Cares
(03:29):
Department? UM, justin Timberlake,it is being reported insisted that Janet Jackson
wore the infamous wardrobe malfunction to oneup Britney Spears, who was the saying
it was kind of just Timberlake's ideato and have the wardrobe malfunction. U
(03:49):
usher Um is apparently being accused ofushering in a whole new type of currency.
He was apparently passing fake bills inVegas. So you know, Usher,
it's like, I gotta have likemillions on top of millions unless I'm
crazy. But oh, I thinkwe are now joined by our great friend
(04:13):
and newly minted radio host from theMoment of Zen, Zen SAMs is with
us now. He Zen, Hihi JT. How are you. I'm
doing so good, I mean,not as good as you. And I
was just telling the audience about howyou continue to become a multi medium mogul.
And you're going am Radio now withthe Moment of Zen heard here in
New York on seven ten AM oneof the strongest signals in New York.
(04:36):
Big boys here in New York,and tell us a little You're always talking
about stories, but to me,you're kind of a story today. Tell
us why you're doing the Moment ofZen and what people should tune into here.
Well, thank you, John.So the Moment of Zen is me
finally bringing my voice to a solidplatform on a much bigger level. And
(04:57):
it's me bringing you everything film,fashion, culture and entertainment from the millennial
mom's perspective. And every week Ihave a mix of celebrities, a mix
of local influencers, a mix ofpoliticians who are really paving the way and
doing great things. And so it'sa one hour show. We're live every
Saturday night from seven to eight pm. We switch to the nine to ten
pm slot as of May. Theshow then gets turned into a podcast within
(05:23):
an hour of it airing that willlive on the WR website, and then
within twenty four hours it's a fullyuploaded live show. Well, this is
quite amazing, but it's not shockingto me because as long as I've known
you, you've always been growing inevery way except your waistline of course.
Yeah, but no, but youknow, as an artist, as a
(05:45):
producer, as a filmmaker, youkeep branching out now radio and I think
you know most of your message ofbeing a woman of empowerment, being a
woman who cares about freedom and libertyand patriotism, which is rare from people
from Hollywood like you. But whatI hear you getting some good guests from
(06:05):
a moment of zen. Also,these are like women empowerment guests and stuff
like that. Yeah, we havesome really strong guests and we had quickly
Mandela's quickly Mandela was on Nelson Mandela'sgrandson. We had Miss a Universe,
who is the first woman of Sudaneseorigin to hold the Miss Universe Canada title.
We had Grandmaster Cass, who isone of the most versatile pioneers of
(06:26):
hip hop. We also have Ladyfly Girl Lady Jay who's otherwise known as
Jania Butler and she is ahead ofthe Hip Hop Union. So fly Girl
Lady j is somebody that the hiphop community really knows well and trust.
So she helps with the Politics ofhip Hop segment, which is a really
cool segment where the artists come inand talk about politics in a healthy way
(06:46):
from within the hip hop community.I like it. This sounds amazing.
I heard a little bit of theother night, but I know you said
that to me. I was lookingforward to telling all our audience about it.
But tell me what's going on withthis guy Usher. Apparently this guy's
got to have mega millions. He'sout there passing phony bills in Vegas.
(07:09):
No, actually it's not true.Usher was accused of using fake money to
tip Las Vegas dancers, but itturns out that it was all a big
confusion amids the effort to promote hisupcoming Las Vegas residency at caesar Palace.
So Usher's Las Vegas residency will beginat the College Team at Caesar's Palace on
July sixteenth. And what happened wasthat apparently when a Twitter user by by
(07:30):
the handle b Love asked her followers, Hey, ladies, what would you
do if if you danced all nightfor Usher? And he threw this and
she posted a picture insinuating he tookthe dancers with fake money. But in
actuality, Usher was a true gentlemanand a great guess according to Sapphire director
Marketing Greg Wilson, and he andhis crew converted thousands of real dollars to
tip the girls dancing on the stage, and they left them generous tips.
(07:53):
It was just a misunderstanding on Twitterthat ended up going viral, and it
was not the case at all.All Right, last couple of minutes here,
I don't really care about Usher's escapadesin a strip club. It sounds
like just your two dr to me, what about your favorite thing? Harvey
Weinstein apparently getting the wrath of God, going blind, losing teeth? What's
(08:16):
happening all of the above. Karmahas a very funny way of evening things
out, doesn't it. John.So Harvey is going blind and has lost
several teeth. Currently he's behind bars. He appeared virtually in Erie County Court
by a video monitor to fight thesethese new extradition charges to la on a
fresh sex crime indictment. But hisattorney is basically arguing that Harvey can't be
shipped off just yet because of thesegental and eye procedures that really need to
(08:41):
be tended to. But you know, look, I don't feel sorry for
the guy. He's apparently he's almostblind and needs an eye operation. Great,
perfect, stay where you are,rot, Yeah he should rot.
And apparently he is right, Yeahhe is. And you know it's not
like a moment where you want towish for any better to die. But
it just seems like he's on apath to you know, straight on the
(09:05):
express elevated downstairs. Oh oh yeah, Um, all right, we got
about one minute left. I wouldlove to hear about this, vander Pump.
I know the reality thing is poppingoff. Well, actually, there's
there's another story that came in thatwe should highlight. There's a former Bachelor
star, Colton Underwood. He's comeout as openly gay. And this is
(09:26):
kind of an interesting story because he'sa twenty nine year old reality star from
the from The Bachelor and a formerNFL player, and he opened up about
coming to terms of his sexuality duringthe past year. But in in this
recent Good Morning America interview that hedid with Robin Roberts, he said,
look, I ran for myself forall these years. I hated myself.
He spent the last few years inthe NFL after getting drafted by the San
(09:50):
Diego Chargers in twenty fourteen, andhe was in the closet. Then he
began his reality TV stint on onBecca Cofferen season of The Bachelorette before going
on to star in The Bachelor intwenty nineteen. And then he had his
final Rose recipient, Casey Randolph,that he dated up until last year,
and he came out of the closet, so he was dating the scroll up
until last year. He was anyou know, football player, reality TV
(10:11):
start, he just didn't have theability to come out and tell the world
that he was gay, and sohe finally took that step forward on Good
Morning America with Robin. So goodfor him. She got it all right,
she's the best in the business.That's why she was in the leadoff
spot every single Wednesday right here onLiquid Lunch. But she's spreading herself.
We may lose I hope not.But you got a tune in on Saturday.
(10:33):
Go to our website, go tous social we'll share it all up.
But last week's moment is end podcastis out there all right, Heart
Radio correct. Saturday night, she'llbe on. You can hear the show,
well put together show, and anhour later the podcast is there if
you want to listen to it again. I Heeart Radio a moment of zen.
Thank you for more than a moment. Hey, all right, welcome
(11:09):
back, just breezing through a myfavorite show in the week, Woman Wednesday.
Okay, Um. In the beginning, I was taking a lot of
heat about having a woman Wednesday.Only had women on Wednesdays? No,
yeah, eddiots, I have womenon every day and we got the best
in the business. But on Wednesday, we should try to focus on the
women's perspective a little more, um, and women tend to be smarter,
(11:31):
healthier, a little longer. They'reactually the majority of the whole damn planet.
Um. So one day a weekWe try to get the best of
the best and bring you everything youneed to know. If you're in the
doubt, you need to know today'sa good day for you. Up a
couple one hundred day and now hasthat a little trickle out today, But
it's been on fire lately. Bignews. Coin Base goes public sixty eight
(11:52):
billion dollars seventy billion dollar valuation righton par now with the former New York
Sack Exchange ICE, so it couldbe a little handoff of the baton on
and bitcoin loves it also sixty threethousand. My next guest is head to
Zumarraga, joining us for the firsttime. I believe we're ring the bell
the first time, but no strangerto going against her head to head on
(12:15):
news and actually we often go onTom Vasili show and talk about what's going
on in Marcuts. But she's oneof the best in the business, founder
of Zooma Global and the author ofThe Man's Guide to Corporate Culture. The
Thanks for coming on my show.Finally, how's it going. It's really
good to be here. Thanks forhaving me. John. So, I
know you don't love talking about cryptocurrency, but I kind of feel like the
(12:39):
magic printing press in the sky,Joe Biden's banging out more and more and
more national debt, devalueing the dollar. One third of the CPI increase was
oil gas prices. I feel likethe devaluing of the dollar is forcing people
to learn a little more about bitcoinbecause inflation's coming in the dollars deemed valuing.
(13:01):
What do you think, Yeah,you're absolutely right. I mean,
when you look at how much moneywe're printing, it's hard for the mind
to even fathom or imagine trillions ofdollars. Once upon a time, maybe
before my time, I don't know, we were debating about billions in Congress,
and now we print trillions like it'snothing. And I can't just blame
(13:22):
it on Joe Biden and the Democratsand their administration because look to be fair
Republicans under the Trump administration and alsoprinting four trillion. But at what point
if the economy is getting better,you have the market hitting all time highs
again today, the stock market,So why do we still need trillions of
(13:43):
dollars if people are going back towork and according to the CDC, a
third of Americans have been vaccinated.I mean, I don't know about you,
but maybe save the money for arecession. One of those little things
there, remember two thousand and eight, two thousand and nine, has you
know one of the things. I'vebeen talking about a lot because I'm seeing
(14:03):
it right here in New York City. I think commercial real estate, small
commercial, multi story, commercial,multi family buildings. No one's paying their
rent, which means the investors aren'tpaying their mortgages. And the banks have
no recourse because they can't foreclose.So I almost feel like the looming disaster
(14:24):
is a bank's gonna crack. Yeah, well not this morning. You had
JP, JP, Morgan, Goldman, Sachs, Wells, Fargo. They're
all reporting in the banks. You'reJamie Diamond, he said, not just
that we're growing. I think hisquote was that the economy is prime for
extreme growth. Loan demand remains achallenge, but nobody's taking out loans right
(14:48):
now because I guess you don't needthem if we're have the printing press going,
which brillions of dollars out there.But to get back to your point,
there is inflation. It is veryworrysome because you look at the housing
market and people like me have beenpriced out. I'm renting. I've been
waiting for the housing market to comedown. I'm in Florida, for example,
(15:09):
and I came down here before everybodyelse. I mean, I wasn't
born here. But just to beclear, I've been here for like two
years now, and it's like aroundthe corner. Why either A you can't
afford it? Or be why areyou going to pay a million dollars for
a twelve hundred square foot dump thatneeds to be renovated. It just doesn't
(15:31):
It doesn't appeal to me. Ican't imagine what. I don't know what's
going on. Yeah, going backto the market thing, and I've been
in Florida. Every time I've beento Florida recently, I stayed longer than
I wanted, than I thought Iwould. But is this a little fit
of the famous term used by AlanGreenspan irrational exuberance in the markets, Because
(15:52):
I don't see you know, I'ma long term, long time short seller,
so I look for all valued situations, and I'm looking at the whole
thing like it's all, you know, like the boy in the plastic bubble.
As soon as they stop pumping themoney in, somebody's gonna pull out.
The cockpit and this thing's gonna cleanout, That's what I mean.
Short Sellers have been hurt because itmakes sense that the market, especially the
(16:18):
tech sector, would be overvalued.You look at us as we're going back
to work or reopening the economy,but tech keeps heading higher. Cryptocurrencies,
You've got coin based debut today andpeople are bidding the stock market up to
new highs. Gas prices up overtwenty percent in the last month. So
if that's not an inflation, toofew dollars chasing two, too many dollars,
(16:41):
chasing too few goods, I don'tknow what is so at some point
time, But John, the problemis you'll be right. But will it
be next week or will it bea year from now? Yeah, well,
I'm afraid it's closer than anybody expects. But I hope that's not what
I'm wishing for. A friend ofmine has a building materials supply company,
(17:02):
and he was telling me that apiece of three quarter inchply would which is
basically used for the flooring in anynew construction. You know that's with lumber.
Um has gone from thirty five dollarsto ninety dollars in the last six
months. Maybe nine months or so. Okay, so you know there's hyperinflation
in places that Jerome Powell doesn't evenwant to think about. They're looking you
(17:25):
know what I'm saying, right right, So see we can agree because we're
agreeing on picture yea, all right. You see, I don't like to
My managing editor doesn't like me tooveruse the bell, so I can ring
it when a guest is on forthe first time, and then when there's
sound agreement, I can give ita little binger. I'm gonna bring my
(17:48):
own next time, because I thinkyou're spot on. The FED continues to
ignore inflation or will acknowledge it,but says it's quote unquote transitory, which
just simply mean it's temporary to theFeds. What if it's not. I'm
a wonk, right, so Ilook at these little things. But a
few weeks back, the FED decidedthat they no longer going to polish publish
(18:14):
the money supply numbers, so theydon't want you know, the global economy
looking at how fast the velocity ofmoney supply is going up, because that's
gonna destroy their narrative on no inflation. You know, that's not transparency that
I like to see. No,it's not. It's going to destroy the
narrative that we can handle two percentabove two percent inflation, which, to
(18:37):
be honest, to be fair,for the past ten years, we haven't
had roughly any inflation. You havethe rise of the e commerce which is
mitigating and putting some downward pressure inpricing, as well as the pandemic.
But look, two percent, nobig deal. But you start seeing three,
four or five percent inflation and you'rekeeping interest rates near zero, you're
going to lose control over near zerorates. You have a massive debt and
(18:57):
deficits. Federal debt what twenty eighttrillion now I lost count and coming around
thirty, I'm going around rounding tothirty who knows? Who knows? What's
another trillion? Between friends? Theproblem is the interest rates head higher.
That's when people like you are goingto be right. When we can't even
pay the interest cost on our debtand service our debt, that is for
(19:18):
sure. UM. Heather Zumarraga joinsUS for the first time. She's the
founder and CEO of zoom of Global. She's financial analyst, author of the
Man's Guide to Corporate Culture and gocheck that out. UM and a wonderful
addition to the show. I'm soglad you finally joined us. Earlier you
said next time you may bring abell um. I wanted to go easy
(19:41):
on you today because I know whatwas your first time, But most of
the guests bring a drink to liquidlunch. So next time, well,
next time we'll go to the nextstep and tell us it all right.
(20:06):
Welcome back, just breezing through thefirst hour here of a woman Wednesday edition
of Lakewood Lunch. Welcome everybody outthere on Bizin TV, listening on bizin
talk radio, and the Money stationout in Portland checking in on your money.
H dal Jones up one ninety havinga good day. Lots of anticipation,
enthusiasm around the coin base IPO,which is a cryptocurrency biheam out here
(20:30):
in the US came public with justabout the same walking cap as the New
York's actation. So Big News deaddow down thirty three, a little off,
but it's been really overperforming lately,So not in a worry about I
don't think, and Big Cooin enjoyingthe cryptomania right now. Sixty four thousand.
We bring you the best guests everysingle day On Wednesday, we try
(20:55):
to pack it chuck full of greatwomen guests. And we have another one
right now joining us. Angelie Grewersis with us. She is a workplace
business expert, founder of the CorporateAgent. And you've been with us before.
We had a fun conversation last time. I remember what the hell is
(21:17):
going on in the workplace right now, because I'm hearing companies now they're going
to start going back two days aweek. Alternating I'm hearing other companies are
going to let the people stay remotefor another year. What's happening now.
They don't have a clue. What'shappening is what's happening. They're trying to
figure it out day by day.Any of the companies that tell you and
a press release they know what they'redoing, they don't because if you talk
(21:41):
to all the people behind the scenes, they're scrambling. So they're kind of
making it up. Look, wedon't have a playbook for this, so
they're just making it up as theygo. Yeah, and I'm looking at
people I know that have big commercialfootprints in New York City. They've gotten
these kind of co workspaces out inthe burbs that and they're just waiting for
their least is to come up sothey can chopped their footprint in half and
(22:04):
allow their senior management to work fromabroad and come in a couple days a
week. I think yeah, Butyou know, JP Morgan Chase probably said
the smartest thing about this in thelast week and their shareholder letter. Your
audience, I would think has readthat shareholder letter from Jamie Diamond, but
he talks about the fact that,look, you can do work from home
(22:26):
for a while, but you getnew people coming into the office. You
get these young kids coming out ofcollege. No one has taught them how
to work. Just because you tooka history class on World War two does
not know mean that you know howto lead a project or get anything done
in the office. So they're alreadyseeing a problem where if they don't have
(22:47):
people in an environment where you cansee how other people show up and how
to actually talk to people and howto get shit done in the office.
Can I say that on here,Not really, but I think it just
went by. So if you can'tget it done, then you're not gonna
get anywhere. So they're already pushingback. We've heard it from major media
(23:07):
brands, major bank brands, majorconsumer brands, that they need these people,
at least some in the office.It is very difficult to indoctrinate somebody
into your culture over zoom, andI think we're all forgetting. Like you
know, she's a master of sales. Just by that little thing there where
she demonstrated an age old axiom forentrepreneurs out there, you'd rather ask forgiveness
(23:33):
than permission. So you noticed shesaid the curse and then she said,
can I say that? I likethat? I like that move right there
makes me. It makes me thinkshe knows all the little tricks of the
trade, which I know a fewI know. Let me ask you this,
After all this pandemic crap, allthis stuff we're talking about here,
how could small businesses kind of turnthe engine back on and get it going?
(23:59):
The big thing right now is tofocus on helping companies. Think that's
it. If you want to makemoney right now, get them in a
room and let them pay you tohelp them lead the conversations about what they
need to do. That's where thebiggest dollars are for the well want to
make money right now? Well,one of the things you can do,
(24:26):
literally is what you're doing like thisonly closed door with business leaders. Tell
them something they don't know, tellthem something they forgot to think about.
They will think you're the smartest personin the room and you lead them into
a consulting engagement with you. Butbig thinkers meet in small rooms. Stop
(24:48):
the social media nonsense. Get themtogether in a room, lead a discussion,
tell them something they don't know,sell them into an engagement with you.
That's how you do it. Whatabout all this craziness with the vaccine?
How to companies are justust now totravel? Yeah, everybody's waiting for
(25:08):
someone else to make a decision.See it out in court, because we
all know it's going to end upin the courts. That's where it's going
to go in terms of especially underemergency use authorization. Do companies or do
companies not have the authority you're goingto see. I'm here in Florida,
so they've said, you know,no vaccine mandates here in Florida. We
(25:30):
know other states have said yeah.So all the companies are waiting for someone
else to fight it out in courtbecause it's going to be expensive. But
here's the thing. Companies want toget people back. They want to make
money. Employees don't want to losetheir jobs. Customers want to be able
to go to the movies, theywant to be able to go to baseball
games, they want to be ableto travel on cruise ships. So we're
(25:53):
going to have to figure out howwe all get along and do that.
But I think there's a big legalmess coming and it's going to take five
years to sort through that. Soin the meantime, companies are going to
have policies and then they're going tohave exceptions. That's just the reality of
it. Got it, um,You know, a few years back,
I had a few people that werechampioning me to be nominated to work for
(26:18):
the in the Trump administration, forthe Small Business Administration, and then um,
when some of my friends came backin the background check, they were
like, no, Pal, you'reout. You never, You're never work
in asimitiation. Now, Ken,it's an it's an exhaustive process. But
Isabel Guzman has been named the newhead of the SBA. M this is
(26:41):
a good sign for female owned businessesin your view. You know, I
don't think it matters who's leading it. I really don't If women business owners
want to succeed. They need tolearn how to be their own advocates.
They need to lead with their numbers. A five dollar cowculator is your best
decision. You need to learn howto speak up. You need to learn
(27:03):
how to negotiate. You need tolearn how to be visible. You need
to make sure you understand P andL. You need to understand how your
customers make money because at the endof the day, that's why they buy.
I think any female who wants todo business and do it well can
has the power. Right now,I don't care who's at the head of
the SPA. You have the abilityto go out there and make money if
(27:26):
you understand business, which comes downto a calculator. Okay, And you
know the previous head of the SmallBusiness Administration was Linda McMahon quite successful.
You know of Vince McMahon from theww A huge, you know, behemoth
talking about right, huge And Ilove seeing women in leadership, so I'm
all for it. But at theend of the day, it doesn't matter.
(27:48):
It matters what you do every day, and you've got to understand your
numbers, and you have to understandyour customers numbers because that's why they buy.
They buy because they're going to makemore money or they're gonna stop losing
money. That's why companies buy,no question. All right, um,
Angelie Grewers is she must be growingon you because she's growing on me too.
(28:11):
Um. She brought a prop today. Sometimes I ring the bell or
I hit my that was easy button. What do you have? What are
you having? The prop to point? Yeah, here you go, So
stop it. All those bad habits, stop it, stop it. I
love it. Uh she brings Uh, she brings color to the show,
(28:33):
great advice. I love them.My eighty percent of our audience identifies as
investors, entrepreneurs, small business owners. So um, she's talking the stuff
you need to learn. I lovewhen my audience learns. And uh,
she's one of the best in thebusiness at showing small businesses how to think
big um. Founder at a corporateagent, Angelie Grewers, Angelie, thank
(28:53):
you very much, appreciate it.Thank you so much. Glad to be
here. All right, all ofyou watching there, please stick with us.
I want to go over a fewthings, and I did want to
check back in on the markets.Right right now, the Dow is having
quite a day, up two hundredbut Bitcoin raging at sixty four thousand.
(29:17):
Now. The big news today wasthat coin Base, which is the largest
and oldest or at least you know, most reputable cryptocurrency trading platform and broken
dealer, and you know they haveall kinds of different features around it now
where you could trade cryptocurrencies pretty easily. They went public today and they came
(29:42):
out of like a sixty five seventybillion dollar evaluation, which puts this company,
which five years ago didn't exist,at just about the same market cap
as the ICE so, the NewYork's former stock New York Stock Exchange.
So um. The same day thatburning eid Off, you know, basically
(30:03):
the master punzy Wall Street ponzi man, Ernie Madoff died in prison today and
the same day we usher in anew era of trading with coin based go
in public. And I think alot of people are buying into bigcoin now
because they see, wow, thisis getting real coin bases even public.
(30:25):
So bigcoins having a nice rush upwith it, And if you want to
know what's good, you might wantto get with it and get yourself a
little more educated. Unaware of what'sgoing on with these alternative assets like cryptocurrencies
and particularly bitcoin. So we'll takea quick break right here, we'll flip
it around. We'll come back andgo behind the headlines with Karen Turk,
(30:48):
as we do every Wednesday, righthere on Wednesday Liquid Lunch. All righty,
welcome back. Big day for themarkets today now up two hundred.
(31:11):
The big news the coin Base goespublic, the preeminent bitcoin trading platform here
in the US. Goes out ata sixty eight billion dollars valuation, same
valuation as the New York's doction.So it looks like bitcoin continues to be
here to stay. We'll get intothat a little later on. But every
(31:32):
Wednesday, I wake up in themorning and say, yay, it's one
Wednesday, because we have the bestguests on one Wednesday. But then today,
in particular, I was thinking aboutbeing the show like a lazy slob
and not shaving and not getting dressed, and then I was reminded, wait
a minute, Karen's gonna be on, and you gotta look good. So
I went up and cleaned up andshined up, put a soup tie everything
(31:53):
else. Then goodness, and KarenTurk joins us Formavis Florida. She goes
behind the head lines every week onher channel on YouTube. Hello, dear,
how are you today? I amso glad to be her and you
look so dapper and handsome. I'mso happy that you got ready for me.
Um Am, I allowed to saydear also, I said, how
(32:15):
are you dear? That you cancall me all sort of nice names.
I like anybody that flatters me orcalls me. You can call me honey,
you can call me dear. Anyof those pleasantries. I embrace them
all, bring them on, Likeif I say you look marvelous, darling,
that's fine. You can hold adoor for me. You can be
chivalrous, you can be a man, I like meg. Yeah, it's
(32:36):
really weird stuff. Um so um. Joe Biden is announcing that something Donald
Trump was trying to do a littlewhile back, and they were all crazy.
He's gonna withdraw our troops to himAfghanistan, supposedly to commemorate the twentieth
anniversary of nine to eleven m.What do you think about this madman um
(32:58):
pulling the troop Saturday? Yeah,yeah, I mean I think he is
a madman for sure, And youknow, I find it interesting the reception
that he's getting compared to the receptionthat Donald Trump got over the same thing.
And it's just so illustrative of what'swrong in our world. And you
know, our world's a little upsidedown route that right now. And you
know, being that, you know, Joe Biden is the leader of the
(33:21):
free world, which I still can'tabsorb into my brain. You know,
I guess he's got to make thesedecisions. But I think it's interesting that
the media has such a different takewhen Biden's doing something versus when our former
president Donald Trump wanted to do it. Well, let me ask you to
speaking on a former president who oneof the greatest immigration policies built that wall,
cut down migrations across the border immensely. That's out the window now and
(33:45):
the state of Texas is actually suingJoe Biden about the rescinding the remain of
Mexico policy. I love this story. I when I saw this story this
morning, I perf up immediately.It was one of the big things I
wanted to discuss on the show becauseI think this is amazing and I'm really
proud of Texas for taking a standand suing him. It's the right thing
(34:08):
to do, and you know ourgovernor down here in Florida, Governor de
Santis has just started to sue onbehalf of the prison line industry and file
a bunch of lawsuits over the coronaviruscrisis. And I think what's happening in
Texas is really great, and Ithink more states should follow suit, and
(34:29):
we should be filing suits against JoeBiden, against the administration for these horrible,
abusive policies which hurt the American people. It's absolutely bizarre because it was
working all right, stay over there. We worked it out with Mexico,
right, and the people that shouldbe in Ultimately they can work their way
in. Let me ask you this, Joe Biden again, he's like,
(34:54):
at points cripplingly funny if you're watchinghim, because it's like he doesn't know
where he is and he loses histrack on the tele prompt. There's so
much crazy shit. I don't thinkI can say. He even say that,
Oh, Russia is now um playinga little cat and mouse, saying
well, Vladimir Putin offered to debateJoe Widen in a live debate. What's
(35:19):
happening with the tensions there? Well, you know, Joe Biden's never going
to do a live debate. Let'scall it what this is because just like
you said, this is a manwho basically is a puppet. He probably
has dementia in some ways. Ithink it's almost elder abuse the way they're
stringing him up. I mean,you know, I wanted to get the
hashtag, you know, trending freeJoe, like free Brittany, free Joe,
(35:42):
Free Joe from the White House.Because this guy has no clue what's
going on. So you know,when we talk about him doing a live
debate, it's a joke because he'snever going to do it because unless there
is a way for him to becoached and free taped, they're never going
to allow him to speak. Lookhow they pulled him. You know that
when when the press is asked questions, they pull him right away. They
won't they won't let the guy answera question. So the babe putin,
(36:05):
I mean, come on, let'sput a lid on it. You know,
Donald Trump would have probably said,yeah, let's do it right now.
Let's zoom a minute, you knowwhat I mean. Like Donald Trump
probably be like, yeah, okay, come on, what do you want
to do? Yeah, let meask you this. Uh. I just
had Heather Zoomarraga on She's down therein Florida. How is my favorite state
going right now? I love thatgovernor man, I love him. We
(36:28):
love him too. And we're justmissing one thing. We're just missing a
little John Tobacco down here. We'rewilling for you to come. The sunshine
is calling. Oh my god,I know it. I know it.
You don't even know what's going totrying to throw me off the ballot in
New York. It's it's I'm upto my neck in it. But um,
we will not surrender, No,never Surrender. Wasn't that a song
(36:50):
like it goes out like a goodeighties song? You should saren Amy never
Surrender? And that was a songwas it like Corey hard or somebody sang
that. I don't know, Iknow, I know this one was probably
an eighties song Never See Goodbye,Never See Goodbye? Yeah, Mondovie,
I believe that was on the SlipperyWhen Wet album. Wow. She you
(37:15):
think she only goes behind the headlineson news and politics and stuff. Now
she goes right out there and sitesthe album that the single was on.
Um, I am said at thethought of saying goodbye to her. That's
why that song came to me.Never say goodbye. Um my separation anxiety
(37:37):
goes up as you can see himsweating a little bit because I know it's
drawing to a close. Um,well, and I will I will miss
you until next week. I willbe waiting for women Wednesday because this is
my favorite time of every week andI love being there on liquid lunch with
my favorite John Tobacco. Oh,you can free, character free, Karenter.
(38:04):
Somebody should have gotten that turned inwhen I was in jail. Nobody
about it. Um, we gotthirty seconds left. But I know you're
a big advocate for elder care.Um, and seeing you care and how
they treat it and the laws aroundthat. I noticed Bernie Carrick is also
tweeting about that too. That's gotto help the cause that you fight for.
(38:24):
It really does. And he's amazingand I'm so glad that his eyes
are open and then he's fighting forus and he's really going to be a
leader for change in this movement.And I am so proud of him as
a friend and he's an amazing patriot. And thank you, Bernie, if
you're watching, thank you Bernie.We all appreciate you so much. Thank
you Bernie, all right, andthank you Karen, and thank you for
(38:45):
reassuring me by saying that you'll beback next week. So everything that Karen
ter forem missus Garda also goes behindthe headlines all the time on our YouTube
channel, one of my favorites andalways makes my Wednesday better for my friends
out there on radio Land, We'llsee you tomorrow to rescue on vis TV
(39:08):
and Facebook. Stick right there,flip it around, come back with our
two right at the day
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Are You A Charlotte?
In 1997, actress Kristin Davis’ life was forever changed when she took on the role of Charlotte York in Sex and the City. As we watched Carrie, Samantha, Miranda and Charlotte navigate relationships in NYC, the show helped push once unacceptable conversation topics out of the shadows and altered the narrative around women and sex. We all saw ourselves in them as they searched for fulfillment in life, sex and friendships. Now, Kristin Davis wants to connect with you, the fans, and share untold stories and all the behind the scenes. Together, with Kristin and special guests, what will begin with Sex and the City will evolve into talks about themes that are still so relevant today. "Are you a Charlotte?" is much more than just rewatching this beloved show, it brings the past and the present together as we talk with heart, humor and of course some optimism.