The Pour Over Today - Monday, January 9, 2023

Episode Date: January 9, 2023

Today we’re talking about the shiny new Speaker of the House, a friendly report from the stock market, an update on the NFL and Damar Hamlin, and other top news for Monday, January 9th. Stay informe...d while remaining focused on Christ with The Pour Over. Sponsored by TUVU

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Starting point is 00:00:00 Today we're talking about the shiny new speaker of the house, a friendly report from the stock market, an update on the NFL and DeMar Hamlin, and other top news for Monday, January 9th. Stay informed while remaining focused on Christ with The Pour Over. Here's the quote of the day. The devil's substitute for joy is entertainment. Leonard Ravenhill. Let's get started with some espresso shots. Leonard Ravenhill. Let's get started with some espresso shots. The House was up past its bedtime Friday night. Just after midnight, Kevin McCarthy was named the 55th Speaker of the House. It took a historic 15 ballots and a lot of grease on the wheels of hardline opposition. Here are some of the promises he made to secure the gavel.
Starting point is 00:00:41 Allowing a single Republican member to call for a vote to oust the Speaker. made to secure the gavel, allowing a single Republican member to call for a vote to oust the Speaker, voting on 12 budget bills individually rather than as a single omnibus budget bill, increasing the review period before a bill reaches the floor to 72 hours, and creating a subcommittee to investigate the weaponization of the federal government. McCarthy was finally sworn in as Speaker of the House at 1.30 a.m. Eastern Time Saturday, allowing him to swear in the present Congress members and start the 118th Congressional Session. The Bible says that God is at work in and through the governing authorities. We should pray for elected leaders, regardless of political party, here and abroad,
Starting point is 00:01:18 to make godly choices and to work for the good of all people. Romans chapter 13 verse 1 says, Let everyone submit to the governing authorities, since there is no authority except from God, and the authorities that exist are instituted by God. Wall Street broke out their party hats on Friday. December's jobs report showed strong job growth more than 223,000, low unemployment, 3.5%, and slow wage growth, 4.6% annually. While you might not be excited about slow wage growth, the Federal Reserve is. Fed Chairman Powell has long said that he sees beefier and beefier paychecks as a core driver
Starting point is 00:01:57 of inflation. This report revived hopes for a soft landing, also known as combating inflation without tanking the economy, and gave the stock market its best day since November. Not everyone is winning, though. Bed Bath & Beyond warned it may add bankrupt to its name, sending shares down 22%. And Southwest is projecting an $825 million loss in Q4 following its mass cancellations during peak holiday travel. Here's a verse to consider when reading economists' predictions about the future. On Christ, the solid rock I stand, all other ground is sinking sand. Edward Mote, 1863. The NFL was back this weekend with lots of respect for number three.
Starting point is 00:02:40 After suffering cardiac arrest during last Monday night's game in Cincinnati, Buffalo Bills player Damar Hamlin continues to make improvements. His breathing tube was removed and he was able to FaceTime with his teammates, who cheered wildly. The Bills weren't the only ones excited. There were tributes to Hamlin in every game league-wide yesterday as teams, fans, and media sought to encourage number three and the trainers who came to his aid. Hamlin himself was active on Twitter yesterday, saying that he'd love to be playing, but that God was using him in a different way today.
Starting point is 00:03:09 Meanwhile, the NFL playoff field is set, along with every scenario of how the Bills-Bengals cancellation may impact home field advantage. Here's a verse to consider when you least expected a random NFL game to unite the country. A person's heart plans his way, but the Lord determines his steps. Proverbs chapter 16, verse 9. Two, posts are shown chronologically. They're not curated to drive you deeper into your political ideology. And three, it's AI moderated with the whole family in mind. There's no technically okay, but definitely questionable photos. See what family and friends are up to, then hop off and carry on with your day.
Starting point is 00:03:56 Claim your free one-year subscription and try out Tuva today. Check out the link in the show notes. In other brews, here's a rapid round of updates. Supporters of former Brazilian President Jair Bolsonaro stormed the country's Congress, Supreme Court, and Presidential Palace on Sunday, calling for the military to remove President Luiz Inácio Lula da Silva, who was inaugurated last week. Former President Bolsonaro has not publicly conceded the election. Russia ended its Christmas ceasefire, though firing hadn't actually ceased. Putin had ordered a 36-hour truce to observe Saturday's Orthodox holiday. Ukraine promptly rejected it, so Moscow continued to launch shells. U.S. aid to Ukraine isn't ceasing either. The Biden
Starting point is 00:04:42 administration announced a 29th aid package of $3.8 billion, bringing the total military aid contribution to about $24.9 billion. The FDA approved the first drug shown to slow the progression of early-stage Alzheimer's disease, but not everyone is celebrating just yet. The drug, Lekembe, offers patients a few extra months of delayed decline in exchange for a hefty price tag and potential safety risks. Iran executed two men over the weekend in the latest attempt to quell the protests that have swept the country over the last few months. The men were accused of killing a paramilitary volunteer during demonstrations,
Starting point is 00:05:21 but worldwide criticism decried their closed-door trial, saying it lacked any resemblance to a meaningful judicial proceeding. Sorry kids, you'll have to actually read Moby Dick. New York City schools joined Los Angeles schools in blocking chat GPT, an AI bot that can write a better book report than teachers in four to five seconds. A spokesperson said that the bot does not build critical thinking and problem solving skills, which are essential for academic and lifelong success. That's all we have for today. Thanks so much for listening. If you're listening on the Apple Podcasts app, give us a five-star rating and drop a review. If you're listening on Spotify, give us a follow and hit the notification bell to never miss a new episode. We appreciate your support and hope you have a great day. We'll see you on Wednesday.

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