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Broad problem we discuss every day. charles ramsey, good to have you on. now to another big headline we're following this afternoon, a massive bank takeover in an effort to end month the of chaos. overnight federal regulators seized control of first republic bank and its $229 billion worth of assets, and then they immediately sold it to the nation's largest bank, jpmorgan chase. right now wall street is reacting positively on the takeover news. the dow actually up. first republic is now the second largest bank failure in u.s. history, the largest since the 2008 financial crisis, and the thir...

Them some 10.9 billion that's a b in aig -- aeg up from 8 prnt 5 billion and new york income laws increased about 25 billion in 2021 from 19.5 and 9 billion just 9 billion in 2019, california they lost 29 billion in 2021 more than triple what it did just four years ago. all of this income migration helps explain why florida and other low tax states lead the country in job growth unquote but isn't stopping from fulfilling green dreams california banned diesel stocks in 2023 they have to approve it and in new york, the governor and lawmakers just agreed on a ban on -- gas stoves. the state will ...

Twitter, sent an irs to the house the same day, message received. they did not get punished by allowing a single tea party organization to get the non-profit status you need to exist and raise money in the country. not only did they not fire the head of the irs for doing this, they said here is $80 billion, that's a thank you, an encouragement, that's job well done. do more of that and that's what the irs is doing. more of that intimidation, the irs union, money they give to politics goes 98% democrats. >> sandra: 80 billion from the inflation reduction act, 87,000 new full-time employees, 29 ...

The government and look at what they say about the shortfall, that is maths, it is not arguable, that is mathematics. what are they saying when those figures are obvious? the government is doing a lot on this already. it is spending a lot of taxpayers money, local housing allowance as part of a £29 billion they have spent this financial year helping people pay their rent. supporters of this free say £29 million is a lot of money, you can't keep throwing money at this problem. the government will say it is certainly doing a lot to try and help. the thing is, the argument is that you can have ...

Business correspondent for npr its arer been too long, my former veteran of weekend shift. let's talk about this because let me read you this the atlantic wrote this piece, and that's is about silicon valley losing in luster. they say sam altman proposed to inveers just start sending out money, no questions asked. today is a good day to offer emergency cash to start-ups. just send money. here was the head of the industry's hottest company rumored to have a $29 billion valuation soberly proposing handouts as a way to prevent further contagion. silicon valley overlords were so certainly of their...