That news are down for short. Today's a good day. I'm feeling pretty good There's actually some good news to talk about for once And I think you're gonna like it and as we get our teeth kicked in throughout this whole experience of the bear market Here's what we got so first thing first the Binance auto came in and that is assets and liabilities We've been talking about this for a while. It's not so much to pull out an audit Just to show that you have a lot of assets. It's also important to see what actually is out there as far as liabilities This one came back from an independent auditor. It looks pretty positive I'll take a look at how Polly John Polly gone again is in the news as we talked about the bill to bear and lastly Celsius is going to give back some of the crypto plus my roundtable discussion Had a couple of pretty interesting guests Aaron Bennett, Tiffany Fung and Cam Cruz Which will be available today and lastly the little Q&A $250 worth of ETH and a stonebook giveaway. So first things first the information that we talked about with CZ Binance and it's interesting to note that When we're talking about these things as far as with the audit It first came out that it was the Merkel tree everything's gonna be great because they're going to show us exactly what they had on as far as their Reserves and at first everybody was applauding it and I was like that's not good enough. It has to be something more So this was a couple weeks ago CZ says Binance has a no negative balance is involved in proof of reserves Cheng Peng Zao or CZ founder and chief executive of crypto exchange Binance tweeted on Saturday Again a couple weeks ago. The company's proof of reserves have absolutely no negative balance is involved after the exchange lease that's proof of reserves on Friday Jesse Powell who was the former CEO of Kraken so you know what that's pointless without liabilities, which is true. You know if you just show me like hey Here's all my here's all my assets. Here's the cryptos that we have But oh, yeah We but it we did a bunch of different things on the table and we've got some loans out and we have a billion in assets But we have two billion of loans. Hopefully we get those things back FDX so these are things that we have to take a look at Any states look the Merkel tree is just hand wavy BS without an auditor to make sure you didn't include accounts with negative balances Things that we talked about so not to be outdone CZ said sure we'll have a independent auditor come in and take a look at our records And this is what they found some 97% of Binance's liabilities Collateralized by Bitcoin wrapped Bitcoin. This is from the auditor bazaars and the document itself is linked in the description You can take a look at it yourself, but there's still a couple of questions that I have and we'll talk through it so Again some 97% of Binance's scrutinized crypto liabilities are collateralized by Bitcoin wrap Bitcoin according to this report The scope of scrutinized assets cover Bitcoin to wrap Bitcoins and on the blockchain of Bitcoin there in BNB chain By a smart chain said the report if the out-of-scope collateral referring to collateral other than Bitcoin or wrap Bitcoin is included The scrutinized liabilities will be a 101% collateralized, but the report didn't disclose more details about the definition of what is out-of-scopes What's what they're saying is this 97% of? Crypto liabilities are collateralized, which is great because you have it here in crypto But as time moves on let's say that oh, I don't know that this This market itself starts to crumble a little bit more and things go down now Are we a hundred percent collateralized because we have a hundred one percent? Well, no, especially a Bitcoin goes from whatever it is today having been checked to let's say it's around 17 down to 14 or 15 or 13 or 10 So it's one of these things where it kind of makes me a little bit leery about what's going on But I could be wrong. I could be incorrect Let me actually think about that as we go into the Q&A session I'll answer all the questions, but you think that this is good enough or we need to do a little bit more also There's some other good news Polygon and we had covered polygon. I mean just yesterday polygon came out and said hey, we've Done more as far as paralyzation. It looks like new research Polygon and it's not an innovation. I'll make the polygon chain up to twice as fast the parallel if they're in virtual machine upgrade and Again, we talked about this yesterday serial execution is right right in line one two three four five With block you can kind of move things around and as far as like execute that block and move forward Which would increase the time frame so on top of what they talked about yesterday making things faster Now they just got one into a partnership with Warner music group for NFT projects, and I'm not NFTs to me like we caught the first The first birthing of the NFTs, which was just goofy little Pictures and people were trading back and forth. I don't think that's really what it's all about. I think this is what it's about so the label Warner is Taking an an integral part of web 3 lgnd.io as a blockchain based e-commerce and interactive platform Announced it entering into a mall your partnership with more music now They're gonna collaborate in a produtile legend or lgnd music. It'll officially at the floor in 2023 great and So we are beyond thrilled to announce the monumental partnership with Warner music and polygon We've been working for over a year to live with the best in class blockchain and experience for music lovers and blah blah Okay, with a strong support of the polygon ecosystem Legend music is poised to help evolve the entire music industry great I could have done without reading that part. I'm so kind of boring legend music is aimed at supporting digital blockchain collectibles Which will let its users play the collectibles or virtual vinyls. Okay? Consumers will be that's not important consumers will be able to access and enjoy specially curated content by the favorite artists built on polygon It's providing its users with seamless transactions Web 3 is the power to transfer the music industry the way that we own and experience music is evolving fully embracing essentialized tech and collectibles And the same thing I could have done with all that. So let me just break it down here. So with this one When we take a look at this we're like, why is it so important as far as like NFTs? And it's the same thing that happens with token metrics token metrics came out Iambilina's site. They had a pretty great idea. The idea was we're going to allow people to have Six months year-long lifetime memberships and we're gonna mint it into an NFT And because that NFT what it means that you control that in your wallet and for some reason let's say you're like, you know what? I don't really get into this. This isn't for me as far as talking about I thought it was or I used it for a year or two years or Whatever five years now. I want to sell my lifetime membership Well on every single website that you have you can't do that if you sign up for your lifetime membership You're like, I don't want it like well, it's yours. So they use it or not tough But with this one with token metrics They were able to say if you don't want your lifetime membership Just go in the secondary market go and open C and sell your lifetime membership to anybody else who wants it That way you can either improve what you bought or break even or just you know recoup some of your money So I take a look at this with legend music and as far as like the music that we buy when you buy it on Apple or you buy it on Android you don't have the option to resell The music that you bought but if you buy it this way and it's on polygon and you have it in your specific wall If that's what they're gonna allow to do I think that's the future and you can just go around and maybe Resell that if they give you the option I think that will be the future and that would be the bigger thing to actually say this is what I want to be a part of So, you know, maybe I'm way off base there But I will just to finish up with this is that polygon is they've been doing a lot of great things and just so you know They've had a little bit of a bump today not too big the only thing that not concerns me But it I think it really matter in the long run the max supply is 10 billion Circling spies run almost nine. That's a pretty hefty amount But just but don't don't forget even like Cardona, which is in the top 10 as well They're at 45 billion for the total supply. So I think this type of project is here to Take over a lot of different projects and do a lot of different things and I think you need that type of supply to move forward And yeah, let me just think about that in the comment section and then lastly I think this is good news also Celsius looks like they're gonna Give back some of their crypto finally not their crypto. Excuse me our crypto So this just happened bankruptcy judge orders 44 million in crypto to be returned to Celsius customers. Don't get too excited It's not too fantastic yet So federal judge ordered crypto lender Celsius to return crypto with around 44 million to the platforms custody Programmed customers and just so you know to be transparent. I am one of those customers. I am a custody Person here. Unfortunately, it still doesn't apply to me. I'll tell you exactly why that is so with this one The amount which applies only to crypto held within custody accounts Like myself is a tiny fraction of the billion Celsius those creditors and the latest decision comes after an agreement was reached between Celsius advisors and Stakeholders that crypto deposited in the custody accounts belong to its users, not the platform Let me say that again belong to its users not the platform That's important. We're gonna see a little snippet of it It's important to note that this order only applies to pure custody assets. What does that mean? Great question That means that pure custody assets are those that have never ever ever Touch Celsius's earn accounts and have only ever been held In the custody program So something like myself where it started in custody And I had a big problem when they came out and said that we're only gonna allow people to earn If there are credit investors in the united states if you are the united states doesn't really matter I thought that was a bummer of a deal for people and I said, you know what? I'm just gonna move it to custody and I'll take it out at some point But why should I have the option for that? So that's what I did And uh, unfortunately mine was not pure and mine is stuck there still just like with yours Now there's some people that are going to get some things back Maybe as time moves forward, they will say, okay all custody and maybe something will happen I'm not for sure, but that's what has Also to finish this up Celsius earn accounts which are the accounts unable depositors to earn interest is where the majority Of the almost five billion worth of user funds is currently being locked up Celsius argue Celsius has argued that users who deposited funds within its earn accounts Gave up ownership of the funds when they agree to the company's terms of service Meanwhile on December 5th, the lender received approval for the judge for 2.8 million key employee retention program, which has fallen to her load I'll just speak about this quickly They're going to use the money that me and you gave to them To pay out their key employee retention program, which whoever those people are I'm sure they're doing a bang up job right now doing absolutely nothing just saying 2.8 million gone And this part right here Celsius argue that users who deposited funds within its earn accounts gave up ownership of the funds When they agree to the company's terms of service remember that terms of service Yeah, neither do I I probably just glanced through it just like you did and why we did we do that? Well It's because of stuff like this When alex meshinsky came on shows like mine And other people He would say these things tell me where i'm missing it Just listen real quick Thank you. So alex this question is for you it comes from bob Why is there no insurance offered for deposits of bitcoin? How do I know you'll be around to return the bitcoin? So when you give us bitcoin, it's not like it's ours, right? It's yours legally it is still your bitcoin The only thing we do is when you lend us your bitcoin We lend them to people who pay us interest when they return them It goes back to the wallet and it's still yours from Great good enough. So that's what i'm talking about right there folks Um When you have something in the terms of service and you have the ceo came out and they tell you totally different things What are you gonna do? Well, of course, it's all legal speaking and it goes back to the terms of service and here we are so that's the things that really Really grind me but here's the thing And i'll make this quick Is that we have to deal with the things that we can change the things that we can't change So right now what does it do right now for us to get all heated about it? Not too much We just have to take those lumps those losses and just keep moving forward Hopefully we get things back and that is what it is. Let me know what you think about that in the comments I'll be spicy as we go from there and then also We'll get to the 200 dollar eith giveaway, but um We just There it is I just had a a nice little sit-down conversation with erin benett Uh tiffani fong and cam crews who are on top of their game as far as what's going on with celcius This a couple of nights ago, and I was just able to edit it and put it out. So from here what i'm going to do is Make this public So right after you we get down with the q&a go check out that video because the things that they said if you think That celcius has things under control, especially with bitcoin mining Just check out the data from what these guys tell me and again if you want if you're looking for that video You can check my channel, but also I put that into The description the cell discussion blah blah blah. Here's the link itself, and that's it So now let's move into the q&a and of course the giveaway. So we've got This sweet giveaway, and it is $250 an e. Thank you to lady's nft So first of all there in conjunction with the d that's nft And of course the lady's is going to have a play to earn game like a real one Which actually earned different tokens and things like that which looks interesting to me But on top of that Or is it this one first so we can see it? Let's give away this and i'm also going to give away a stone book Which if you haven't seen those they're pretty nice. Let me just do this So we're gonna do this live so no one can accuse me of shenanigans. Let's see Twitter picker right Go here load tweet okay And then let's see here And this was the one Thursday 12th today, Thursday 12th December 8th. Is this the 7th of 8th, right? Yeah, okay Just making sure we've done this like the last two days. So let's see must follow at news asset and at the b and ft that was What's uh stipulations Let's have a picture description. I can't even continue A lot of a lot of people continue and begin the draw Great big 14 winner very nice. So Big win i'm going to follow you so you can message me directly give me your ethereum address Or your ethereum Yeah, one of your ethereum address then we'll have two of Adele's worth of ethereum shift shift over To you and also Also on top of that you're gonna get a bonus you're gonna get one of these shield folios Which is what I use to keep all my mnemonic phrases. They're uh Water resistance They're not or they're waterproof. I should say they're not fireproof.  They should last uh years in there without Degrading so you'll be wanting one of those books if you'd like to get one for yourself to control or to Have all your mnemonic phrases. It's a link in the description fill your link. I'm gonna give you 20 off But uh, yeah, check that out and that's what we got. So that concludes the day with the news. Look flight today's video Thumbs up subscribe all that great stuff. But now we'll get into the q&a So i'll answer all your questions the best of my abilities and we'll go from there So let's get into it. Thanks so much for stopping by and let's do q&a Let me get rid of this best part of the show That's right Ah Jeff you says What's the benefits when you get a membership if it's a membership here? It's really nothing So like we have a membership. It's like don i9 for the Dan Visual asset news youtube channel, but you get it zippo whatsoever


So we're here at the ID TechX and who are you? We are Fujikura Kaste's Electronics Materials Division. So what do you do? We are at our core, we are a polymer resin manufacturer. Today what we're showing is some of our newest conductive materials, electrically conductive materials. So this is our fine line printing ink. This is printing with grab your offset to get lines down to five microns. Here we have a 12 micron mesh. It's made to act as a replacement for transparent conductive films by making lines so fine that you can't see them with a naked eye. So are you one of the leaders in this industry? That's a difficult question. In East Asia and Japan definitely. We have been making our dotite material since the 1950s and we were the first in Japan to develop and manufacture and sell this conductive paste and adhesive in inks. In the 50s what was it used for back then? That's before my time. It's not printed electronics. Honestly I'm not sure what we were doing in the 50s. The dotite was developed in a joint project with the Nippon telephone and telegraph. So this was done with government. Part of the telecom maybe. I'm not 100% sure what we were doing in the beginning. But it was a big project, it was publicly funded and we've developed into what it is today. So this is for the printed electronics industry. Since when have you been working on that kind of stuff? For decades. We were the first in Japan to make conductively, electrically conductive pastes and so we've been doing this for decades. So what are we looking at, the different demos you have here? This is a coating, so this is a polymer based coating. It uses a ferrite filler so it's not designed for electrical conductivity. It's designed as a magnetic shield. So this is low frequency, 3 MHz and below, magnetic shield. And this is all the information right here? Not all the information. This is our more nice looking presentation. And here's a nice looking presentation for this one. So this again is not the full technical information. This is just for our trade show. And you can show it's stretchable? So this is our stretchable material. This is a conventional one, it doesn't stretch. You can see it breaks if you stretch it. So you can't work with that. This is our urethane based stretchable material. It stretches a little bit, about 50%. But we also have silicone based stretchable material, which this will stretch up to 100%. It will stretch here than the urethane. How do you make stretchable stuff? That's the secret. The secret is you put extra of it, right, so it can stretch somehow? Okay, that's the secret. It's like, it's secret. It's secret. It's secret. That's cool. So how many people work at the company? Our main company is about 400 employees. And it's over there? Right, so you can see our corporate information here. We have five main divisions. We have our electronics materials division. We have our coatings for plastics. We have architectural coatings. This is paint. We have our polymer functional polymer division and our medical materials division. And it's his pioneering in the development of electrically conductive paste. That's what you've been saying. That's right. We were the first in Japan to make it. We've been doing this for a little over 50 years. So what do you think about the ID Tech Act show? It's pretty great. We were here last year. We were here in, we were at the show in Berlin in May. We've gotten some pretty good contacts through the show. We've gotten in touch with manufacturers, developers, researchers. So we're going in a lot of different directions with those companies and those groups. And bringing some awesome technologies to the market. Even more. That's the goal. That's the goal. We've got people looking at our moldable and our stretchable trying to make new wearable material, new moldable electronics and components. So there's a lot of exciting development happening there.


Happy birthday to you. Happy birthday to you. Happy birthday dear Cheryl. Happy birthday to you. Yay! And many more. Woosh!


So, we covered this on the Humanist Report main show, but new poll shows Nina Turner's lead shrinking in Ohio's special election. Now, this is according to an internal poll from Nina Turner's opponent, Chantel Brown. So, Nina Turner originally had a 35-point lead, but according to this poll, which was conducted in July, Nina Turner is now leading with 43 percent and Brown has 36 percent. So, Brown has seven points behind. Now, I'm not necessarily sure how much stock we can put into this. This is from the Washington Free Beacon. This is a conservative news outlet, so I don't know anything about their methodology. I don't know how accurate their polls are in general. But they say that Nina Turner and Brown are effectively tied at this moment. This is a very small sample size, but this is from, you know, a race within the district, so that's to be expected. I don't necessarily worry too much about that. I'd like to see the margin of error just to make sure it's no more than plus or minus 5 percent. It doesn't really matter too much for the purposes of this video. The point is that Nina Turner needs our help because she's now officially in danger. So a Washington Free Beacon poll shows Brown and Turner locked at 33 percent, both more than 20 points ahead of the rest of the pack. So they're both at 33 percent according to this poll. Now the way that Chantel Brown basically closed the gap. Oh, thank you, Winston. So the margin of error is 5.7 percent. So general rule of thumb for polls is you want to keep it below plus or minus 5 percent. But you know what? We'll accept that. I think that's reasonable. It doesn't have to be 100 percent accurate for purposes of gauging where we are in this race, but we do need to know what's going on, and that is like what I would expect. The gap is closing and at this current rate by election day, it could be different where Chantel Brown could pass Nina Turner at that point. Now the way that Nina Turner has been able to actually do this is by having super PACs come to the rescue to smear Nina Turner, literally lie about Nina Turner, claim that she doesn't support Medicare for all or immigration reform or a $15 an hour minimum wage. Just dirty stuff. And the Democratic Party leadership has come out to support Chantel Brown over Nina Turner seeing that Nina Turner had a really gigantic lead. The Democratic Party couldn't just leave it. So they brought out Hillary Clinton, Jim Clyburn, lots of establishment figures. But thankfully Nina Turner does have quite a bit of support. Now I do want to say that there is an event coming up I should say that should help. So Nina Turner writes, join AOC and me on July 24th to meet with Ohio voters about the issues that matter most. Together we are going to build a country where everyone can thrive no matter their zip code. So this is really important because back in 2020 or 2019 after Bernie Sanders had his heart attack, it felt like AOC and the squad endorsing him single-handedly saved his campaign and salvaged what was left. When we all were demoralized and lost faith. So this is really, really important. I'm very appreciative of AOC for coming out and endorsing Nina Turner here. But what's interesting is that with Chantel Brown we see shades of Pete Buttigieg here because she's faking endorsements, folks. We have evidence to suggest that she is faking endorsements. So this is from Sam Allard from the scene who writes, Mike Dudley tells me his name has been used on Chantel Brown campaign literature without his permission. He was listed as one of 100 plus local elected endorsing Brown, but he's actually endorsing Nina Turner. And as you can see, like this right here, he has campaign literature. He has one of the yard signs. He has a photograph of Nina Turner, some artwork of her. I mean, it's obvious, right? So there's an article about this if you want to read this. We're going to get into it just a little bit. But Garfield Heights Councilman Michael Dudley has released a video in coordination with the Nina Turner campaign endorsing Turner for the Ohio 11 Congressional Seed. Dudley's endorsement, which he said is one of fewer than 10 he has made in 14 years of elected office. That goes to show you that he really cares about this race is also a repudiation of Chantel Brown, whom he said erroneously included him on a list of more than 100 local elected officials supporting her. You saw my name out there supposedly endorsing another candidate Dudley said in the video that is absolutely not true. I haven't signed nothing or endorsed any other candidate. My endorsement clearly goes to Nina Turner. So if you're caught faking endorsements as Chantel Brown has, that is incredibly embarrassing. But on top of that, when we're speaking about disingenuity. So after Chantel Brown solicited support from super PACs such as DMFI, well, they came to the rescue for Chantel Brown. And this is one of the mailers that were sent out on Chantel Brown's behalf. This is courtesy of Ryan Grimm. So this is what they sent out to voters there. Nina Turner voted to divide us. Nina Turner voted to divide us. So delegate name Nina Turner raised the minimum wage. No universal healthcare. No immigration reform. No, this is a lie. This is literally completely fabricated Nina Turner supports raising the minimum wage. She is a staunch supporter of Medicare for all. In fact, in this district, since healthcare is a really popular issue, she's basically ran her whole campaign on Medicare for all. So for them to send this out, it is deceitful to say the least. And so basically the way that they're coming to this conclusion is by saying, well, look, Nina Turner voted against the DNC platform. Therefore she's against all of these things. Now the reason why Nina Turner voted against the DNC platform in 2020 was because it didn't include universal healthcare, it did not include Medicare for all. So for them to say this is a lie. Now Ryan Grimm also points out reminder that Chantel Brown effectively solicited this super PAC support. And that's exactly right. So let's scroll down to the images here. So she included quotes from the pro-Israel lobby and she was basically sending out like the bat signal to the pro-Israel lobby saying, hey, I'm in danger. I really need your support right now. So there's a quote about her from DMFI president Mark Melman. There's no question that Brown is going to be a strong advocate for the US-Israel relationship. He wants to learn she is inquisitive and she has a track record of being collaborative. We have pro-Israel America's Jeff Mandelson. We need leaders in Congress who value the US-Israel relationship as if we don't have enough already, right? And we'll work to strengthen security, economic, scientific and cultural relationships between our two nations and that candidate in the 11th district race is Chantel Brown. So she did this, mind you, just before Israel did another genocide.  Meanwhile, this disgusting immoral individual is soliciting support from the lobby who defends this. So, I mean, Nina Turner, if she really was a bad person, she could just send out mailers lying about Chantel Brown, saying Chantel Brown is pro-genocide. And I don't even think that that would be as big of a stretch as this is right here. Nina Turner can send out a mailer saying Chantel Brown supports apartheid. Chantel Brown supports the subordination of human beings in Palestine. But Nina Turner isn't doing that because Nina Turner is running on the issues. Nina Turner doesn't have to lie because the issues are important and popular enough. So, folks, I am asking you, please, instead of subbing to me tonight, please donate to Nina Turner instead. Five dollars, one dollar, any little bit will make a difference. Now we're in the end zone. Like this is this is crunch time. The election is coming up. Early voting has already started. So if you live in the 11th Congressional District of Ohio, please get out and vote support. Nina Turner, thank you, Winston, for sharing the link there. And I just want to say, folks, I don't want to kick myself later. I want to make sure that we do everything in our power to elect Nina Turner because I feel like she is one of the few individuals who would truly be a fighter for change in the United States. She's the leader that's lacking right now in Congress. We have progressive members of Congress. We have members of Congress who have the right policies, but we need someone with a really strong voice, a large enough national platform, national name recognition, who would actually lead. We need Nina Turner in Congress. It is absolutely crucial. So I am begging you, please, please, please donate to Nina Turner. I don't need the subs. I don't need the the bits. I need you to donate to Nina Turner. We all need Nina Turner in Congress. It's it's absolutely crucial. And we'll take some time to actually watch some campaign ads from Nina Turner because you can tell she's running a campaign on substance. She's not running on demonizing her opponent. She's running on the issues as I stated. And that's Nina Turner. So look at this ad here.  After the challenges of this past year, I worry about his future. Will he reach his potential, grow up safe, free of violence? Will he be able to afford college, find a good job that pays a living wage? Will he have quality, affordable health care? I'm running for Congress to make the answer. Yes, I'm Nina Turner. And I approve this message to be a voice for change for my grandson and yours. So not only is that ad adorable, but it is incredibly substantive. Nina Turner is is one of a kind. Let's watch another ad here, folks. Something that continues to haunt me to this day is my mother dying at the young age of 42 years old. No insurance, no money in the bank. So when I fight for Medicare for all, I'm fighting for my mama who's not here and working class people who need to have health care as a right, not a privilege. The poor, the working poor in a barely middle class should live a good life whilst you're not dictate whether or not you have access to health care. I'm Nina Turner and I approve this message. I mean, this is the exact type of person who you want in Congress. Somebody who dealt with these things, who struggled. A couple more here. I mean, all of these are great. Every time the life of an unarmed black man is cut short by police violence, we're outraged. When it happened here, I said enough is enough. Not as a state senator, but as the mother of a black son. I led Ohio's first bipartisan community police task force to stop racial profiling and address police brutality. We established standards for accountability, hiring and use of force. I'm Nina Turner and I approve this message to be a voice for change. I mean, imagine if Nina Turner was in Congress. It would just be incredible. One last ad here. I'm Nina Turner. I'm running for Congress to deliver real change. I grew up in the Lee Harvard neighborhood on a street just like this, the oldest of seven children to work in class parents. I graduated from John F. Kennedy High School. Soon after, I met my husband and we raised our family here. I got the chance to return to school and graduate from Cuyahoga Community College, where later I was a professor of history. My fight for change began on the Cleveland City Council, where I secured good housing for seniors. Then on to the Ohio Senate, where I led the bipartisan effort to create the Ohio Task Force on Community Police Relations to stop racial profiling and police brutality. I co-chair Senator Bernie Sanders' campaign for president to make the wealthy and big corporations pay their fair share and fight for Medicare for all. In Congress, we'll make sure women get equal pay and working families earn a living wage. I approve this message to be a voice for change. So folks, everything is on the line right now. If she wins this primary, she wins that seat in Congress. This is a very heavily Democratic-leaning district. So the general election will essentially be insignificant. She just needs to beat Chantel Brown and we're right here. And look, even though I've been donating just automatically the $27, I'm going to donate again to Nina Turner because what they need now is to just blast mailers everywhere in this district. They have to make sure that they get the word out and they retake control of the narrative because now all of a sudden people in this Democratic-leaning district think that Medicare for all, like that Chantel Brown is the supporter. Chantel Brown literally doesn't support Medicare for all and now she's lying about Nina Turner about one of the most important policies, most popular policies that she supports. So it is very, very important to support Nina Turner. Yeah, so the FEC deadline was passed last night, I want to say, but still if you can get money in, that still can go a long way. They're going to have to have extra boots on the ground out there to get the word out. They're going to have to send out even more mailers because right now, even though she had the monetary advantage, the Super PACs are weighing in to support Chantel Brown heavily. So we have to make up for that deficit if there is one now because I mean, things are changing quickly. So we have to change it, we have to fight. And if we lose, I just want to know that we went down swinging. So please, folks, support Nina Turner, donate to Nina Turner. Anyone here right now who has donated to Nina Turner, I really appreciate it. Thank you and let me know right now so I can thank you.


The President of the United States. Thank you all very much. Thank you. Thank you. Oh, please. Well, ladies and gentlemen, President Owen, thank you all very much. It's good to have you all here in Washington. As you may have noticed, Washington, D.C. isn't like other cities. Harry Truman, a man famous for saying exactly what he meant and a very few words well-chosen. One said of Washington, it's the kind of city that if you want a friend, you should find a dog. Well, that isn't true today, at least. I've counted on your friendship and support going on eight years now. Eight years, we've hung tough and hung together, often against seemingly overwhelming odds. Anybody's come up through elected politics as a Republic and knows how important that solidarity is. It's like a story our first Republican president, Abraham Lincoln, once told when he found out all but one of his cabinet officers ranged against him on an important issue. His story was about a man who fell sound asleep during a revival meeting and didn't hear when the minister said, all of you who are on the side of the Lord, stand up. Of course, everyone stood up immediately, except for this one man who was still asleep. The preacher was only getting started and bellowed out, all of you who are on the side of the devil, stand up. Well, at that, the man woke up and standing as straight as he could. He said, I didn't exactly understand the question, but I'll stand by you to the end. It does seem we're a hopeless minority. Well, as Republicans, you may be in a minority in terms of numbers at this year's meeting in the National League of Cities. But always remember, the ideals and beliefs that you stand for are the majority beliefs in this United States of America. On everything from education to crime, federalism to welfare reform, to keeping the American economy a growth and opportunity economy, the people of this country agree with you. Now, I know you've heard from Darrell Sprinkle here and from Senator Baker and Frank Donatena tell you, so I'll try to keep this brief. As Henry VIII said to each of his six wives, I won't keep you long. But there's so many issues before us that I want to cover. The first is federalism. I remember how the pundits snickered that idea at first, but those of us who've actually served at the state and local level, no, it's not in Washington, but in the states, the cities and communities of this country where the work gets done. And we know from experience that the most ten most frightening words in the English language are, I'm from the federal government and I'm here to help. Well, federalism has become the wave of the future. Just last October, I signed Executive Order 12-6-12. Everything in this town has a number attached to it, usually a large one. But this order is a breakthrough. We took a lesson from the environmental movement and now when any agency in the executive branch takes an action that significantly affects state or local governments, it has to prepare a federalism impact statement which only seems proper to me. The federalist system given to us by our founding fathers is a precious natural resource and every bit as much as our environment, it should be cherished and protected. Now it's time for Congress to join us on a Truth in Spending initiative that requires that all legislation include a financial impact statement detailing the measures likely economic effects upon the private sector and state and local governments. Last month I sent to the Congress the Truth in Federal Spending Act of 1988. I hope you'll join with me and urge the Congress to promptly enact this legislation. We see the momentum of federalism and the move in states across our country to reform welfare. In my State of the Union address I said that some years ago the federal government declared a war on poverty and poverty won. Instead of providing a ladder out of poverty welfare became a net of dependency that held millions back. Instead of hope we've too often bred despair and futility. It's time as I said to Congress for the federal government to show a little humility to let a thousand sparks of genius in the states and communities around this country catch fire and become guiding lights. You know on the subject of federalism I remember back when I was governor we had something that was a bit more common back then, campus protests. One thing that protesters would often chant was that we should give power back to the people. I guess they didn't realize how closely I was listening. Yes we've made tremendous progress with federalism but all that progress and more could be destroyed by one bill that I vetoed last week but some hope to pass over my veto. I'm talking about the so-called Civil Rights Restoration Act of 1987. Equality before the law is the American standard. We can never allow ourselves to fall short. Discrimination is an evil pure and simple and cannot ever be tolerated. And there are already laws, many laws on the books to protect our civil rights. We can ensure equality of opportunity without increasing federal intrusion into state and local governments in the private sector. The truth is this legislation isn't a civil rights bill. It's a power grab by Washington designed to take control away from states, localities, communities, parents and the private sector and give it to federal bureaucrats and judges. $1 in federal aid, direct or indirect, would bring entire organizations under federal control from charitable social organizations to churches and synagogues. To give just one example if a church or a group of churches operates a nearby summer camp open to all faiths and that camp uses surplus federal property not only the camp but the entire church or group of churches would come under federal control even if the church itself received no aid. What does that mean? It means masses of new paperwork, random on-site compliance reviews by federal bureaucrats and a field day for lawyers. We'd see lawsuits multiply faster than flies in springtime. The Grove City bill would force court-ordered social engineers into every corner of American society and that's why I won't play politics with such a vital issue. I won't cave to the demagoguery of those who cloak a big government power grab in the mantle of civil rights. I have vetoed the Grove City bill and I ask every senator and representative to rise above the pressures of an election year to make a stand for religious liberty by sustaining my veto of this dangerous bill. Now as a reasonable alternative I've transmitted to Congress the Civil Rights Protection Act of 1988 which is designed to ensure equal opportunity while preserving our basic freedoms. This bill properly addresses the Supreme Court's decision in the Grove City case. It would strengthen the civil rights coverage of educational institutions and accommodates other concerns raised during congressional consideration of the Grove City issue. It also would preserve the independence of state and federal regulation to that part of a state or local entity that receives or distributes federal assistance. It's hard to believe that anyone who thinks seriously about the current Grove City bill would ever support it. It's like the story about a congressman sitting in his office one day when a constituent comes by to tell him why he must vote for a certain piece of legislation. Congressman sat back listened and then when he was done he said you're right, you know you're absolutely right. The fellow left happy. A few minutes later another constituent came by and this one wanted him to vote against the bill. The congressman listened to his reasons. Sat back and said you know you're right, you're right you're absolutely right. Well the second constituent left happy. The congressman's wife had dropped by and was waiting outside the office when she heard these two conversations. When the second man left the first man wanted you to vote for the bill and you said he was right. And the second one wanted you to vote against it and you said he was right too. You can't run your affairs that way. The congressman said you know you're right you're right, you're absolutely right. The inability of some in Congress to say no to special interests is right now the biggest threat to our prosperity and our democratic way of life. And that's why few election years will be more important than 1988. As you know, reapportionment comes up just three years later in 1991. Having Republicans in state and local offices is the only hope we have of getting a fair deal. And that's all we're asking for. An end to the anti-democratic and un-American practice of gerrymandering congressional districts. In 1984 there were 367 congressional races contested by both parties. In the races Republicans won half a million more votes than the Democrats. The Democratic Party won 31 more seats. In California one of the worst cases of gerrymandering in the country Republicans received a majority of votes in the 84 congressional races but the Democrats won 60 percent more of the seats. The fact is gerrymandering has become more difficult. The Democratic-controlled state legislatures have so rigged the electoral process that the will of the people cannot be heard. They vote Republican but elect Democrats. A look at the district lines shows how corrupt the whole process has become. The congressional map is a horror show of grotesque contorted shapes. Districts jump back and forth to help the Democrats to absorb special communities and ensure safe seats. One Democratic congressman who helped engineer the gerrymandering of California once described the district lines there as his contribution to modern art. But it isn't just the district lines the Democrats have bent out of shape, it's the American values of fair play and decency and it's time we stop them. Frank Ferenkoff and the Republican are wondering in court, but ultimately it's in the state legislatures that the battle for fairness must be won. And that's why Republicans are going to have to campaign with all our heart and soul for Republican state legislative candidates. I promise you this, as far as the president of the United States is concerned, he's not going to be sitting around his garden sniffing roses in 88. I'm going to be out on the campaign about how the electoral process has been twisted and distorted and that it's time to give the vote back to the people. And I'm going to be telling them in the name of the American system and in the name of fair play Vote Republican in 1988. One final note if I may, it's on a subject that concerns state and local officials and every American, every citizen who cherishes our freedom and shares a concern for our national security. That's what the country is developing in Nicaragua. No crisis is not too strong a term. Those who voted to cut off aid to the freedom fighters claimed it would bring peace to Nicaragua. We pleaded with them that abandoning our friends in the region was no way to bring peace. We warned that even though we cut off the freedom fighters, the Soviets would continue their massive aid to the communists a regime doubled in the first two months of this year compared to last year. While our worst fears have come to pass, only seven weeks after the first vote in Congress, the Sandinista communists have launched an offensive against the freedom fighters hoping to deliver a killer blow before anyone can come to their rescue.  Pray for the Sandinistas and their Soviet supplied weapons. Who can't be questioned whether the only plan that Daniel Ortega ever intended for the democratic resistance was their elimination? The House leadership, who played hardball to win the vote to cut off aid, now says it won't accept responsibility for the destruction of the freedom fighters. Whether the freedom fighters are extinguished and communist rule is consolidated in Nicaragua, the American people will be the ones to decide who is responsible. Congress must immediately redress the grave mistake they've made and send an aid urgently to the freedom fighters before it's too late. In every forum available to you, with your constituents and with your representatives in the Congress, make your feelings on this issue known and do it now because soon it may well be too late. When I've spoken for long enough, I'm reminded of the quip that Henry Clay once made when one of his antagonists in the Senate in the middle of a dull and lengthy speech turned to him and said, you, sir, speak for the present generation. I speak for posterity. Clay interrupted him and said, yes, and you seem to resolve to keep on speaking to the arrival of your audience. Well, I won't do that today. That's enough. Thank you all very much. God bless you all.