Latest / Prestons Super Show / Bill to Ban Dual Citizenship-Metaverse is Cooked-Super News #100
Transcript
- 0:01Republican Senator Bernie Moreno out of Ohio has introduced
- 0:07legislation that would ban dual citizenship.
- 0:11When I was growing up and through the early 2000s, it was
- 0:15considered an achievement for an American to gain dual
- 0:20citizenship. Then it felt as if the rise of
- 0:25Obama was the rise of globalism, and that began to overlap the
- 0:31American Dream. I remember older people telling
- 0:35me wouldn't it be great to be a global citizen?
- 0:41And although that sounds peachy keen, that line of thinking is
- 0:46why we have mega and the rise of America first.
- 0:52And that's even evolved into America.
- 0:54Only when patriotism goes missing, then a nation loses its
- 1:02identity. Then you have no choice but to
- 1:07be a global citizen or fight for the real American dream.
- 1:15This bill would give dual citizens one year to renounce
- 1:21their US or foreign citizenship by submitting a written notice
- 1:26to the Secretary of State or their foreign nationality to the
- 1:32US Secretary of Homeland Security.
- 1:35After that one year window lapses, those who fail to comply
- 1:40will be deemed to have voluntarily withdrawn their
- 1:46American citizenship. The metaverse is cooked.
- 1:53Bloomberg reports that Meta plans to slash over 30% of its
- 1:58budget into the metaverse. Now, a lot of people on Wall
- 2:04Street are rooting for Meta to fail.
- 2:07A lot of people in general want Facebook to fail.
- 2:11But let's not forget Meta is one of the only social media
- 2:15platforms you can make a buck off of without paying for a
- 2:20membership. And if you were putting 3 hours
- 2:23or more into consuming content then you're on shaky ground to
- 2:28be hating on the service you are using.
- 2:32And if you have something bad to say, I assume I won't be seeing
- 2:37your comment on Meta. I do understand the frustrations
- 2:42with Mark Zuckerberg. I still believe the Meta glasses
- 2:46are a great invention, but we have to keep in mind there is a
- 2:51level to what artificial intelligence can do in a certain
- 2:56criteria of what we need AI for. Reality Labs division has burned
- 3:04over $60 billion since 2020. The company has committed as
- 3:11much as $72 billion in capital spending this year alone.
- 3:18Now comes the 30% reduction. Then we see a short term stock
- 3:25price going up. Maybe the metaverse isn't
- 3:29cooked, but instead it's being reheated.