The Pour Over Today - Monday, May 2, 2022
Episode Date: May 2, 2022Today we’re talking about the return of the White House Correspondent’s Dinner, tech’s bad April, a surprise visit to Kyiv, and other top news for Monday, May 2nd. Stay informed, while remaining... focused on Christ, with The Pour Over. Sponsored by Faithful Counseling:https://links.thepourover.org/Faithful_Counseling_050222
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Today we're talking about the return of the White House Correspondents' Dinner,
Tech's Bad April, a surprise visit to Kiev, and other top news for Monday, May 2nd.
Stay informed while remaining focused on Christ with The Pour Over.
Here's the quote of the day.
We tend to use prayer as a last resort, but God wants it to be our first line of defense.
Oswald Chambers.
Let's get started with some espresso shots.
Oswald Chambers. Let's get started with some espresso shots.
After a two-year COVID hiatus, the White House Correspondents' Dinner returned.
President Biden offered comic remarks, poking fun at his low approval rating,
taking jabs at his predecessor, who shunned the event while in office,
and heralding the event as a return to normalcy. No one was safe from host Trevor Noah. He dubbed the evening, quote, the nation's most distinguished super spreader event and mocked attendees for coming to an event
deemed unsafe by Dr. Fauci, but A-OK by Pete Davidson. He went after Governor DeSantis,
Press Secretary Jen Psaki, Fox, CNN, the president, and more. There were also brief moments of
seriousness, including reminders of the importance of the press and a tribute to fallen journalists,
including those in Ukraine. Followers of Christ are not identified by their political affiliation,
but by their love for others. And yes, that means loving and sometimes laughing alongside
people that you believe have unloving beliefs or stances. Luke 6.35 says,
But love your enemies, do what is good, and lend, expecting nothing in return.
Then your reward will be great, and you will be children of the Most High. It was a rainy April on Wall Street.
While the market as a whole was down nearly 10%,
it seems almost no tech companies remembered their umbrellas.
Last month, Netflix plummeted 49%, Spotify cratered 33.9%,
Amazon stumbled 23.8%, and Google tumbled 18%. We're out of ways
to say a stock declined, so we'll leave it there, but they weren't alone. The tech-heavy NASDAQ
index dropped 14%, its worst month since 2008. Many are blaming the usual suspects, inflation,
war in Ukraine, supply chain, and interest rate hikes. But at his annual shareholder meeting,
91-year-old Warren Buffett and his spry right-hand man, 98-year-old Charlie Munger,
blamed the wild swings on investors themselves, saying they are treating the stock market like
a gambling parlor. There may be good reasons to be worried about this day, month, or year,
but God does not promise good days. He promises a great eternity. Stay focused on eternity. It changes everything. Proverbs 11, 28 says, anyone trusting in his riches will fall,
but the righteous will flourish like foliage. Speaker Pelosi traded her gavel for a suitcase
this weekend and led a congressional delegation on a surprise visit to Kiev, meeting with Ukrainian
President Zelensky.
Pelosi is now the highest-ranking official to have visited Ukraine, and Zelensky is probably the first president to host an official visit while wearing a hoodie. Pelosi said the trip
was meant to show the world that, quote, America stands firmly with Ukraine, and Zelensky said he
was, quote, very grateful for the powerful signal of support. The trip comes as President Biden
requested an additional $33 billion from Congress in aid for Ukraine. The price of war hit America in a new way.
22-year-old American citizen and U.S. Marine veteran Willie Joseph Cancel was killed fighting
alongside Ukrainian forces. It's easy to feel helpless in a situation like this, but the Bible
promises that prayer is powerful and effective. Prayer causes things to happen that would not have happened otherwise. James 5.16 says,
the prayer of a righteous person is very powerful in its effect.
This podcast is brought to you by Faithful Counseling. We'd say it's been a tough couple
of years, but let's be real, life was hard even before the pandemic. Families were divided before
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you can visit faithfulcounseling.com slash TPO to get 10% off your first month. You can also get a
link in the show notes. In other brews, we've got a rapid round of updates. COVID cases are on the
rise in all but six states,
but they're mostly mild and remain down 93% from the mid-January peak. Hospitalizations have seen
a similarly modest uptick. Increasingly, experts are saying the reliability of case counts is
decreasing due to unreported positive results from at-home tests. The Department of Homeland
Security announced a new Disinformation Governance Board, saying,
quote,
Disinformation can affect border security, American safety during disasters, and public
trust in our democratic institutions.
Details are scarce, but critics, mostly Republicans, quickly compared it to the Ministry of Truth
from George Orwell's book 1984, calling it anti-free speech.
Orwell's book 1984, calling it anti-free speech. Florida recently passed a law that will dissolve Disney's special taxing district on June 1st, 2023, but the big question that remains is,
who will owe the $1 million in municipal bonds? Governor DeSantis promises it will remain Disney's
debt, but Disney says if the district and their ability to collect taxes isn't theirs, neither is the debt.
Check your pockets because a single unclaimed ticket sold in Arizona won last week's $473 million Powerball jackpot, beating the near-impossible 1 in 292 million odds.
If the mystery winner opts for a lump sum payment, the total drops to $283.3 million,
and they'll walk away with closer to $145 million
after taxes. That's all we have for today. Thanks so much for listening. Here's a breakdown on how
you can best support us. If you're listening on the Apple Podcast app, give us a five-star rating
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episode to a friend. We hope you have a great rest of your day and we'll see you back here on
Wednesday, May 4th.