The Gist - BEST OF THE GIST: Chuck Klosterman’s Wrong, And The Battle Over Daylight Saving Time

This weekend on BEST OF THE GIST, we unearthed a 2016 interview with Chuck Klosterman, the author of The Nineties and a dozen or so other books. In this archival gem, Mike and Chuck discuss what counts as a great American novel, and how we decide who’s smart. And we’re also listening back to the Tuesday spiel about how a Harvard sleep researcher changed Mike's position in the battle over Daylight Saving Time.

Produced by Joel Patterson and Corey Wara

Email us at thegist@mikepesca.com

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Consider This from NPR - Oligarch Assets Parked in the US Are Hidden in a Web of Financial Secrecy

Since Russia invaded Ukraine, there has been intense focus on Russian oligarchs - elites with enormous wealth and close ties to Russian President Vladimir Putin.

The United States and international allies have imposed travel bans and economic sanctions on the billionaires, freezing accounts and impounding yachts and private jets. The goal is to disrupt the covert money funneled to Putin and his regime and to make the oligarch's lives difficult enough that they might pressure Putin to loosen his grip on Ukraine.

Now President Biden's KleptoCapture task force faces the difficult and time consuming task of tracking down assets hidden in intricate webs of financial secrecy - many created by US regulations - that allow the oligarchy to hide their money and maintain power.

We speak with Paul Massaro, a congressional foreign policy adviser who specializes in sanctions and illicit finance.

In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.

Email us at considerthis@npr.org.

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Amarica's Constitution - The Hearings According To Durbin – Special Guest Vikram D. Amar

We’re a little late this week, but it’s worth it, as we are able to report on a lengthy conversation that our (returning) guest, Dean Vik Amar of the University of Illinois School of Law, had with the Chairman of the Senate Judiciary Committee, Illinois Senator Dick Durbin, just hours before our podcast taping.  He offered Vik and his students a truly inside look at the Supreme Court Confirmation Hearings just conducted, as well as his perspective on confirmations in general, and some truly surprising perspectives and possible ideas for reform - and now, our listeners have this early access to them.

Motley Fool Money - Guide to Financial Statements (1 of 2)

Motley Fool Senior Analyst John Rotonti walks you through the most important financial statements through the sale of a burrito. (Yes, really.)

 

In part one of this two part series on financial statements, Rotonti discusses:

- How to understand balance sheets and income statements.

- A key metric that can tell you about a company’s pricing power.

- What you’re actually purchasing when you buy a stock.

 

Bonus Resources!

Chipotle’s valuation metrics - https://www.fool.com/premium/company/nyse/cmg/

Reconciling Net Income to Free Cash Flow - https://www.fool.com/investing/general/2014/09/24/reconciling-net-income-to-free-cash-flow.aspx

 

Stock discussed: CMG

 

Host: John Rotonti

Producer: Ricky Mulvey

Engineers: Rick Engdahl, Tim Sparks

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World Book Club - NoViolet Bulawayo: We Need New Names

In the latest in World Book Club's season celebrating The Exuberance of Youth, Harriett Gilbert talks to Zimbabwean writer NoViolet Bulawayo about her extraordinary novel, We Need New Names.

A remarkable literary debut shortlisted for the Man Booker Prize We Need New Names is the unflinching, compelling story of a young girl's journey out of Zimbabwe and into America. A coming-of-age story, we follow a young girl named Darling, first as a 10-year-old in Zimbabwe with her friends, navigating a vibrant world of colour, political chaos and ultimately lethal danger. Later as a teenager emigrating to the Midwest United States, she hopes to find a better future living with her Aunt Fostalina in Michigan, only to discover that her options as a young immigrant are perilously few.

(Picture: NoViolet Bulawayo. Photo credit: Nye Lyn Tho.)

CoinDesk Podcast Network - BREAKDOWN: The New/Old Bitcoin FUD Cycle

The bitcoin community spent the week re-discovering bitcoin is for criminals and is boiling the oceans.

This episode is sponsored by Nexo.io, Arculus and FTX US.  

Today on the “Weekly Recap,” NLW looks at two old bitcoin FUDs that came roaring back with a vengeance. The “crypto is for criminals” narrative was built into the assumption that led the European Parliament to vote in favor of advancing strict new anti-money laundering (AML) rules with regard to crypto wallets. Meanwhile, Greenpeace, funded by the chairman of Ripple, decided to start a campaign to get Bitcoin to change its code to be more environmentally friendly. 

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, TX. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Zephyr18/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. 



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Everything Everywhere Daily - White Elephants

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If you’ve been around long enough, you might have heard something being described as a white elephant. 


A white elephant is something that is a burden, usually costly, that you can’t get rid of.


Why did that particular color of that particular animal get picked to represent something so odious? 


Learn more about white elephants and why they came to represent what they do, on this episode of Everything Everywhere Daily.


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Associate Producers: Peter Bennett & Thor Thomsen

 

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