Latest / Prestons Super Show / Super News #47-CLARITY, Anti-CBDC, GENIUS Acts Explained-Economic Update-WWE Evolve Recap

Transcript

Super News #47-CLARITY, Anti-CBDC, GENIUS Acts Explained-Economic Update-WWE Evolve Recap · Prestons Super Show

• 0:08
  Welcome to Preston Super Show Welcome to Preston Super Show
• 0:15
  This is the 47th installment of the Super News with your Super
• 0:23
  host Preston Olson. There's over 300 episodes of
• 0:29
  Preston Super Show across all podcast platforms.
• 0:35
  Listen wherever you'd like, but go to Spotify, tap, follow and
• 0:42
  leave a five star review. Now let's get into it.
• 0:47
  Quite a few things on the agenda today.
• 0:52
  Now the Vice President was not needed to break a tie to pass
• 0:58
  the Doge cuts as the Republicans had enough support to reach the
• 1:05
  51 margin and pass the Doge rescission package.
• 1:10
  President Trump should be signing this either tomorrow or
• 1:13
  this weekend. But how about that?
• 1:17
  As I said, the last two shows, episode 46 of the Super News and
• 1:23
  episode 45 of the Super News, we should be waking up and that
• 1:29
  Doge bill should be passed. Now it is but prayers going out
• 1:35
  to President Trump as he he has been diagnosed with chronic
• 1:41
  venous insufficiency and it is not a serious condition or
• 1:47
  anything that will hinder him from being president.
• 1:52
  But it is a minor swelling in the president's legs.
• 1:56
  And the reports were in the hands as well.
• 2:01
  So he's just being watched carefully for that.
• 2:05
  But then the Wall Street Journal came out with an attack piece
• 2:09
  aimed at President Trump. And the Wall Street Journal was
• 2:13
  slandering the president, saying he had a letter sent from
• 2:19
  Jeffrey Epstein to President Trump.
• 2:22
  Now, President Trump denies that claim, says there is no such
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  letter. The White House was pushing
• 2:29
  back, saying President Trump is ready to sue and he should for
• 2:34
  defamation. This is libel.
• 2:37
  But we finally have some clarity here where the grand jury has
• 2:41
  come out and said that the Epstein files will be unsealed
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  tomorrow in court. And that has also been relayed
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  by the attorney general, Pam Bondi.
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  So we shall see. I will hold my remarks for the
• 3:01
  next show when we see what's in those documents.
• 3:05
  I'm very happy about the DOGE cuts.
• 3:08
  That's really what I'd like to talk about for a moment here.
• 3:12
  Then DOGE finds over 103 wasteful contracts worth $6.3
• 3:20
  billion over the last two days, last three days, and the savings
• 3:26
  estimated at $4.3 billion for US taxpayers.
• 3:32
  Now, that's right from them. That's from the Department of
• 3:36
  Government Efficiency. And then we see today that ICE
• 3:41
  has been granted access to Medicaid rolls to see exactly
• 3:48
  where the illegal aliens are at so they can continue with their
• 3:53
  mass deportations. Representative Salazar from
• 4:00
  Florida, the Republican, is pushing a soft amnesty bill.
• 4:05
  This is an amnesty trap. This dignity act, Well, there's
• 4:10
  no dignity in it. This is a basically a terrible
• 4:15
  bill that will slop together. And I don't know if it has good
• 4:20
  intentions or what you want to say about it, but I think it's
• 4:24
  crap. Something else that was probably
• 4:30
  a bad idea was the 16 year olds getting the right to vote in the
• 4:38
  United Kingdom. Now that's coming from Sky News,
• 4:43
  which said it's pretty much official.
• 4:45
  It's about to go into effect later on this year.
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  So it's a situation to monitor and see if that has any bearing
• 4:56
  on their next upcoming elections.
• 5:01
  I don't know, because I feel like their government is so far
• 5:04
  removed from the people anyways, and it's a sort of coalition
• 5:10
  government. It's really not a coalition
• 5:13
  government. It's like a mixed bag or even an
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  assortment of people because there are so many different
• 5:23
  factions within. And the conservatives came right
• 5:27
  out and slammed it, which I expected.
• 5:31
  But they're the ones that say, well, don't interfere in our
• 5:34
  elections. So, I mean, you kind of have to
• 5:38
  leave it to them to see if this works or not.
• 5:42
  Now we can look at Florida's Supreme Court approves of
• 5:48
  Governor DeSantis congressional redistricting map from 2022.
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  This is a major set back to Democrats in Florida who brought
• 5:59
  this lawsuit forward per Florida's voice.
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  So this is a pretty solid report here that just tells you that
• 6:11
  the Republicans have made-up ground.
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  It's actually a Republican from Florida who was a news pundit
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  who turned congresswoman, and she's the one pushing that
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  dignity act. Well, there's no dignity in that
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  act. And I don't know the few
• 6:33
  Republicans that signed off on it, what they were thinking or
• 6:36
  how they got conned into that. But you don't need that money.
• 6:43
  Arkansas has won their lawsuit to ban critical race theory in
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  schools. That's coming from real
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  America's voice. Look, Arkansas got on top of
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  this. They understand the education is
• 7:02
  now at the state level, local level.
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  Let the communities teach actual subjects that are going to help
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  students in their career paths and overall in their learning
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  atmosphere. So then we have the Article 3
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  project, which is pretty much going through the different
• 7:30
  judicial nominees that President Trump basically is going to have
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  appointed. We talked about Whitney on the
• 7:41
  last program for the 6th Circuit.
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  This one is for the Third Circuit.
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  Emil Bove, he was confirmed. Cory Booker threw a fit.
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  The Democrats were walking out of the meeting.
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  They were mad because for a long time they were stalling on all
• 8:00
  President Trump's the nominees. And I kind of found that to be
• 8:05
  sad because they know that in the first term, the main thing
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  President Trump was doing in that first term after a few
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  things fell apart and they got an infrastructure bill through
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  that, Biden would go on to undo most of.
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  But these judicial appointments are important.
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  And I think it's something that President Trump has maybe been
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  the best at out of all other presidents.
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  So we meal both is confirmed. Thank you to the Article 3
• 8:46
  project. Follow them on X and follow Mike
• 8:51
  Davis. Stay updated with the future
• 8:55
  nominees that they're going to be putting up.
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  Giving you the background about all of these picks have been
• 9:02
  solid. So we have no special prosecutor
• 9:07
  going to be appointed in the Epstein files, but we do know
• 9:13
  they will be released tomorrow. Other than that, it is Crypto
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  Week on Capitol Hill and they passed all three crypto bills.
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  Let's talk about it. The Genius Act passed 308 to
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  122. That's heading right to the
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  president's desk that regulates stable coins, mandates reserve
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  holding, introduces anti money laundering rules, very simple
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  regulatory guidelines, a real framework, the one point O
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  framework for crypto. America has a crypto reserve, a
• 10:02
  strategic crypto reserve. It's time to lay the framework
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  down. Then we had the Anti CBDC
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  Surveillance State Act. This bars the Federal Reserve
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  from issuing CBDC and addresses surveillance concerns.
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  Now this will make sure your crypto transactions stays
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  private. This past 218 to 210 so it
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  barely snuck by, mostly by party lines.
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  The Republicans had it with the A's, then the D AM, CA Act
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  passed the Digital Asset Market Clarity Act.
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  This is something I put my name on the petition for.
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  I have it up on the big board on my admin.com and this clarifies
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  the SEC and CFTC responsibilities for regulating
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  crypto and digital assets. This passed with large support,
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  294 to 134. This bill, the CLARITY Act and
• 11:33
  the Anti CBDC Surveillance State Act still need to go through the
• 11:39
  Senate, but they are ready for these two bills.
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  These are important. These are all part of that one
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  Point O framework and when you put it all together you're going
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  to have crypto boom and it will be stabilized and regulatory in
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  every way possible as a decentralized way to transfer
• 12:06
  and secure your money. Quick financial disclaimer for
• 12:10
  you, I am not a licensed financial advisor.
• 12:13
  Please consult with the licensed Financial Advisor before taking
• 12:17
  any risk in the stock market or making any large purchases.
• 12:23
  Everything discussed on this program or on myadman.com is for
• 12:28
  entertainment purposes only. Let's take a look at the markets
• 12:34
  as the Fed Chairman defends his $2.5 billion renovations.
• 12:41
  Bitcoins up past $120,000, XRPS getting closer to $4.00, That's
• 12:49
  at $3.58 at the present time. Etherium approaching $3600 right
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  now, that's at right around $3596.
• 13:05
  BNB is on a moonbeam, that's at $731.00.
• 13:12
  So Lana's up to $179 and the futures are all pointing up.
• 13:19
  When you take a look at the futures right now, it's a very
• 13:21
  good picture for the market heading into Friday where
• 13:25
  everybody wants a big rally. We're pretty much done with the
• 13:28
  big holidays right now. S&P futures up five points.
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  Dow futures up 54 points. NASDAQ futures up 16 points.
• 13:41
  The Russell futures up five points.
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  The VIX is down about $0.64. Now when you look at the VIX
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  here, it's at $16.52. Gold's at $3343 and precious
• 14:01
  metals continue to be strong. I haven't seen precious metals
• 14:06
  weakened since. As I continue to look at
• 14:09
  precious metals, silver gets stronger.
• 14:13
  It's at $38.50. That was up $0.19 on the day.
• 14:20
  The price of crude has gone down both ways on diesel and regular
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  $66 for a barrel of crude and $69.00 for a barrel of Brent
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  crude. Copper's at $5.53, natural gas
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  sitting at $3.52 now. All of this along with President
• 14:48
  Trump's tariffs in the sinking funds that are in place in the
• 14:53
  future. Possibility that Scott Basent
• 14:56
  will take over as the Fed chair really have calmed investors
• 15:02
  fears. Have all of the big name
• 15:04
  investors happy to be in the market.
• 15:08
  So I see this ship continuing to be on a steady path.
• 15:14
  In my opinion, right now, minus the normal turbulence, the
• 15:20
  normal day-to-day operations, the cost of expenses, minus all
• 15:26
  of that, Trump has the economy rolling.
• 15:30
  We are moving into the golden age slowly but surely, and I
• 15:36
  think that has investors really excited.
• 15:40
  You're seeing the VIX go down. If that gets down to about
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  $14.00 and some odd cents, I think it's full steam ahead for
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  the big name investors. In my opinion.
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  All of the major indexes finished up on the day, so that
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  was a positive sign at the end of Thursday's market session.
• 16:05
  Now let's talk about WWE Evolve and this was a good episode.
• 16:12
  We had Tyra May Steele, first Chantelle Monroe, first Kylie
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  Ray. All three women were getting
• 16:23
  busy and then Tyra May Steele wins by suplex to Penn on
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  Chantelle Monroe. That was a four-star match.
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  Kylie Ray kicked it off well. I thought the slams and the
• 16:44
  power of Tyra May Steele really helped her solidify that sold it
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  to me reinforced her win and shout out to Monroe was very
• 16:58
  interesting to watch. She had a good flow in the ring,
• 17:04
  so we'll see how she progresses. Then we got Gentala.
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  If you haven't seen Gentala, you'll really like her.
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  She's come off the underground scene.
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  I like her background. She's strong.
• 17:23
  She reminds me of a Raquel Rodriguez of a young Ria Ripley.
• 17:31
  She needs a little bit of work though, to be fair, just to be
• 17:36
  critical early on because that will help her the most.
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  But she needs to just finish her moves out, follow through a
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  little bit more, just sell it a little bit more and you'll be
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  very happy she wins. After Wendy Chu distracts Carly
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  Bright, who was fantastic and in Carly bride's corner didn't even
• 18:05
  help her, but Gentila wins. She had the moves, but she just
• 18:11
  needs to refine all of the moves in her arsenal because she can
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  be a premier talent and take over Evolve.
• 18:23
  Then we had Idris Enufoy and he was up against a very good
• 18:30
  opponent in the cowboy style, Tate Wilder, and it was a great
• 18:38
  match. I thought that Tate Wilder
• 18:43
  started off with some weird kind of silly locks, you know, that
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  were kind of awkward. But then Idris and Tate really
• 18:57
  got into it, worked up some heat, and then Tate Wilder
• 19:01
  showed that he can hit that somersault outside of the ring
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  and he can hit that top rope back flip.
• 19:14
  But ultimately Idris Enifoy hit the impasse and finished off
• 19:20
  Tate Wilder. But it was a wonderful match.
• 19:25
  The Gentila match I'd give a three out of five.
• 19:29
  But for the E dress, Enoch Foy versus Tate Wilder match, I'd
• 19:36
  say 3.5 if I could. And then you got Jackson Drake
• 19:45
  up against Lindsay Dorado. I thought that was the best
• 19:52
  match besides the first match of the night.
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  Jackson Drake comes out on top. He hits 2 on the livens.
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  The second one gets on the win after Lince Dorado is
• 20:09
  distracted, held from under the rain by Ricky Smokes and that's
• 20:16
  all she that's all she wrote. Once you're distracted, Jackson
• 20:19
  Drake is going to finish you, and that's what happened.
• 20:23
  Good match. I would say 4 out of five stars
• 20:26
  for that match. Ladies and gentlemen, just like
• 20:32
  the hands of Don, I'm turning it over to you.
• 20:37
  Good night and God bless. Psalm 37, four KJV.
• 20:42
  Make sure to visit myoddman.com.