Chase Bank TikTok Trend Exposes Alarming Rise in Check Fraud – What You Need to Know!

 This is Right About Now with Ryan Alford, a Radcast Network production.
 We are the number one business show on the planet with over 1 million downloads a month.
 Taking the BS out of business for over six years and over 400 episodes.
 You ready to start snapping necks and caching checks?
 Well, it starts right about now.
 What's up guys? Welcome to right about now.
 It's our weekly business news of the week here on September the 6th, 20, 24.
 Joining us always.
 Brianna Hall, what's up?
 Hey guys.
 Chris Hansen, what's up brother?
 What up Ryan, what's up Brianna?
 Hey, we are right about now.
 Ready to get into it.
 It's been a good week so far.
 Short week.
 I've been, I don't know about you guys, but I'm in that what day is it mode?
 Because when Monday's the holiday, I've, I'm all thrown off like telling my kids like what day it is.
 Are they going to do something based on our normal schedule?
 And then I'm like, no.
 And I will say this the random bear with me.
 I, they have at Harris Teeter, the local grocery store here in Gravel.
 They have $5 pizzas on Monday.
 And so last night, Nash and I were getting pumped.
 Nicole went out with some friends for like some kind of birthday party or something.
 So it was just me and Nash.
 It was a two dude night.
 The boys were away.
 And pumped $5 pizza night.
 I call up there.
 No, it's Tuesday, sir.
 I'm like son of a bitch.
 Anyway.
 Do they still do pizzas and they're just full price?
 Yeah, they're $13.99.
 So like, hey, that's, I mean, that's $5 that, you know, that's swayed the decision.
 Because it's like for $14, we might choose something else.
 But for $5, these are big pizzas.
 This is a good deal.
 It's like, let me tell you the deal is century.
 If you're listening, there's a Harris Teeter near your you.
 $5 Monday pizzas is a bargain.
 So, yeah, we went on plan B and had steak.
 That's a pretty good plan.
 V is just me.
 We actually had that at home.
 So, you know, we made do with steak instead of pizza.
 But anyway, there you go.
 Monday's thrown off.
 Hope everybody had a great Labor Day weekend.
 I definitely did not work.
 So, it's the irony of Labor Day and not working, I guess, at the point, right?
 Yeah.
 Anyone do anything that they want to mention for Labor Day weekend here?
 Chris, do you have anything?
 I relaxed, man.
 I took it easy.
 It was kind of rainy and I took that time to just chill and hang out.
 I loved it.
 It's great.
 Let's see.
 I took my family to IKEA.
 IKEA and Charlotte.
 In Charlotte?
 Yeah.
 Nice.
 IKEA.
 Did you get anything that took like seven years to put together?
 You know what?
 We didn't.
 We were there and we were like ready to buy like ten things and we looked at each other and I was like,
 oh, we're gonna have to put these together.
 My husband was like, yeah, and I was like, let's just come back.
 Nicole's really good.
 I've become way more handy having a boat now, but like Nicole's the putter together of the two.
 She loves putting like little things together.
 So I just sort of like, you know, play with the kids or watch TV.
 Let me get.
 That's Matt.
 Well, if she puts the things in.
 Ryan's just leaning back on the lazy boy and Nicole sitting on the ground and the living room
 building the fucking cabinet.
 Good job, honey.
 Get down.
 I give them.
 That's not it.
 If I had, don't, hey, don't over tighten.
 You know, the, whatever those things, the hex wrench, the hour wrench.
 It's worse than backseat driving in your backseat construction.
 Blooming, she doesn't want me because I get to drill out no matter what.
 And they don't want you using the drill on those things.
 I'm like, I'm putting this thing to get.
 That says two hours.
 Oh, 30 minutes guaranteed.
 And I don't read instructions.
 No, I'm the same way when Matt and I first got married.
 We were like moving stuff out of my apartment.
 And he was like, this bookshelf is put together with nails.
 Who's like, it's not supposed to be.
 I was like, I didn't read the instructions.
 Yeah.
 Uh, I use an end up with extra pieces or, you know, I definitely end up overscrewing things
 or stripping the screw.
 I'm known for that Nicole will see something.
 She just gives me that look.
 She knows she's like, if there's a strip screw in the house, she knows where it's at.
 Because I over tightened every time.
 It's like, oh, come on.
 Push it in.
 I got like putting all my mind into it.
 That's like unnecessary.
 But anyway, Ikea, that's all I think of is the having to put shit together.
 Yes.
 So we ended up with a bunch of kids toys and like little baskets and not anything to put together.
 And some like new dish towels.
 I've done that.
 I've went like, at the end, I'm like, I don't want to do this.
 I'm like, leave with like, you know, a fucking fake bamboo plant.
 And in your dish towels, I'm like, yeah, it's got a good deal of nose.
 Yeah, if you went there, you had to get something.
 So I've tried.
 And obviously I don't even want a G Vegas here.
 And you got to get some of the meatballs, the Swedish meatballs.
 If anything, you got to get some lunch on there.
 Yeah.
 I had some meatballs this weekend.
 I was just your brother-in-law came down to the boat and she made some nice meatballs.
 They were good.
 Love a good meatball.
 Yeah.
 Hard to miss.
 Yeah.
 So we appreciate you wherever you are, whenever you are.
 However you're listening, appreciate you for staying tuned.
 Don't forget to watch us over there on the YouTube's.
 Hey, you want to see this.
 You got to see these glasses.
 Chris has one today.
 You know, he is rocking stylish.
 I don't know.
 I'm going for Miami today.
 Hold Miami.
 What do we call those?
 They just trendy trendy glasses.
 And lockers.
 I don't know.
 Yeah, they look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
 They look clean.
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 Before we get into the true business news, I am going to share this and I'm going to take
 it down to business.
 It's NFL season starts this week, college football star last week.
 We're not going to talk much about that because Clemson got destroyed by Georgia.
 I wasn't a good weekend for the Tigers, but NFL starts this week, Baltimore and Kansas
 City, probably a preview of playoffs.
 You've got two of the best quarterbacks in the league playing and squaring off, but
 I thought this was interesting.
 This is about the business landscape report of the NFL and knowing how much business
 this generates specifically with sponsorships, with other really interesting stats here.
 The NFL is expected to generate over $11 billion from American broadcasters this season alone.
 These numbers get thrown out around a lot.
 I think because news and information with social media, all that is so readily available
 in everybody in a post to big numbers, I don't know that we stopped to pause to think
 about how much freaking money that is.
 It's like a lot of hot dogs and Coca-Cola's and advertisers.
 $11 billion just this season, not about like 20 years, 10 years, just this season, that's
 how much broadcasters will pay.
 And that's just broadcasters, that's not like tickets.
 Just broadcasters, so for them to air the games, so here's how this works, people, let's
 let me explain the business of like media and commercials and all this stuff.
 So when you create a media project, something that people want to watch and has interest,
 kind of like this show, we want to make it interesting so that people listen and watch
 it so that then advertising can be sold because people are willing to listen and watch it
 with the ads also integrated.
 So for the NFL, they're putting out a product, the game, they've got two elite teams, you
 know, 32 teams in the NFL, playing every week, multiple games, and so these broadcasters
 are paying for the right to show that game, those games, multiple games on television,
 with when they turn around as the network and sell ads while that's airing to recoup what
 they've spent.
 So you know, one network might spend 200 million for, you know, to put it in a fox might,
 and I'm sure it's more than that for them, but some amount and then they're selling ads
 across all the games that they're airing, TV commercials, audio commercials on their
 radio products, depending on what the engagement is, they pay for the rights to show it, and
 then they can fill up the airways in between with the commercial breaks, selling that to
 sponsors, Coca-Cola, Budweiser, you know, insurance companies, all the mainstays.
 So that's sort of how that business works.
 You pay for the right to show it, then you get the rights to run commercials during
 it.
 So $11 billion is what they spent, peacock, which is a, you know, NBC is the newest addition,
 and there I'll deal the loan just for streaming is $110 million over once he's in the streaming
 like, I think like half a season's games or something, like one game a week or something,
 it's $110 million.
 And so like a streaming service like that is also selling ads, but they're also doing
 it to get more subscribers.
 So the game's changing a little bit with the streaming aspect because the monetization
 for the network that's buying the rights is changing there either selling ads or trying
 to get more people to buy the subscription.
 Like Amazon's been doing this last couple of years with Thursday night football and they
 do that because they want more people signing up for Amazon prime video, the premium version.
 And selling more Amazon, the deal that, you know, overall attribution across the brand
 of Amazon with the association with the NFL.
 And so the streaming aspect is definitely adding two different ways with which the networks
 can monetize by getting more subscriptions, a couple other numbers that are pretty staggering.
 The average price of an annual NFL sponsorship deal for this season is $39 million.
 That's like if I want to sponsor one team.
 Yes.
 So I'm sponsoring or a so sponsor a team is I think this combining data sponsoring the team,
 you know, the official X of the Baltimore Ravens or is more specifically the official beer
 of the NFL.
 So the NFL is a whole, you know, so I'm pretty sure this is across the NFL as a whole property
 the $39 million if you want to be an official NFL insurance provider, they have a wine now.
 It's the one of the ones it's like the screw off that everyone's heard of anyway, I forget
 the name.
 It's the official wine of the NFL, the official plumber of the, I don't know if they have
 that.
 The list of categories is more than you think the average price to get that is $39 million.
 And so what does that pay for?
 Well, then you get to predict across all your properties.
 It gives you a bigger brand play.
 It gets you mentions on their website, mentioned on their properties and things like that.
 So the average deals $39 million.
 So if you're out there listening in some of these numbers, you're either going, wow,
 no idea is that much funny.
 Well, it's big fucking business.
 Number one.
 It's a huge business.
 And number two, if you thought you were going to sign that sponsorship deal with the NFL,
 probably isn't happening.
 Sorry.
 Unless you want to cough up 40,000 real fast.
 It says the league has five deals in place that the publisher estimates to be worth over
 90 million annually, EA sports.
 That's madden, madden football every year has all the rights.
 They could put all the games, all the players, all the teams that are spending around 90
 mil for the right to do that 90 million a year, EA sports and hyzer bush in Bev, which
 is essentially Budweiser Nike Verizon and Microsoft 90 million annually.
 That's what they're spending for their deals with the NFL.
 Yeah.
 The annual value of sponsorship deals that have been agreed by NFL teams is 2.4 billion.
 That's the individual deals that the teams are getting.
 Said the report estimates that the Los Angeles Rams will receive the most from sponsors
 across the season, roughly 150 million is what just the Rams are getting with their
 sponsor deals, like the one team, there you have it.
 Their title sponsorship deal is with Sofie and it's 30 million annually.
 That's just for one team.
 So like if you want to be the title sponsor, like naming rights, sometimes at the stadium,
 things like that for one team, let's say we're here in South Carolina, speaking about
 the dolphins, we can talk about the Falcons, we can talk about the Panthers.
 I would say you want to be the title sponsor of the Panthers, Carolina Panthers, one of
 the smaller, you know, market NFL teams, you're going to spend 20, 25 mil to be that title
 sponsor of just the one team.
 A lot of money Chris, I don't think we're going to do that VK deal we've talked about.
 Not yet, not yet, one day, yes, we need it, hey, right about now, the official podcast
 of the NFL, you know, that'd be awesome, but I'm not for going to write that check yet.
 Those numbers surprise you guys, I'm surprised that the Rams have that high of a deal, their
 ranked like 25th.
 Yeah, yeah, they're, they haven't had the best team in a while, it's just L.A. Just a
 bigger market, more people, so exposures higher with the media properties because it's a larger
 market. Yeah, you know, New York's same way, a jet's giants, large markets, large people,
 Dallas, big, so big money happening in a field season kicks off of your fantasy teams are
 set, get your, get your bet place, we say, I saw that there's going to be like 90 billion
 spent or gambled this year on the NFL, something like, like, like, literally the NFL alone with
 all the, the more the war widespread legalization of gambling. And these are like,
 becoming the largest businesses in the US, like what, between the gambling around it,
 and then the sponsorship and everything of it, uh, insane. So NFL season starts, hopefully
 your team is ready, got Baltimore and Kansas City kicking off my homes. And Lamar Jackson,
 two exciting quarterbacks, Thursday night. Oh, in the not so great news, US job opening is
 declined to the lowest level since January of 20, 21 vacancies fell to 7.67 million in July,
 way below all estimates and layoffs rose to nearly 1.8 mil highest level sits March of 20, 23.
 So got layoffs rising, job openings declining. It'd be interesting to see what, how many jobs
 are added when that report comes out, but we have a softening of the job market and fears of
 recession, kind of still kind of bubbling out there. I, you know, I personally think we'll
 avoid a recession, but it definitely feels like we're teetering on the, on the line pretty heavily.
 And a lot of these data points and a lot of the other news from this, you know, with some
 to stock market stuff. I feel like I'll say this, you know, and I think we talked about this,
 like the job market, like we've had a few openings and I feel like the candidates that we've
 talked to have been at a higher quality than the last few years, it's felt that way. That's
 just anecdotal feedback. It's like maybe the, you know, the best, the most obvious, best kind of
 dates aren't just getting swept up like they were. I don't know, just the observation.
 I think Penalum is swinging to people like post COVID, people were kind of, you know,
 not really ready to go back to the workforce or, you know, kind of still doing their own thing.
 And then now inflation is so high that people can't afford to do their own thing anymore.
 They need to come back to work. Yeah, we'll be that. Will you take Chris?
 Yeah, man, I mean, I see it down here because I think Miami is a big
 entrepreneurial city, you know, a lot of people trying to do their own thing.
 And I feel like two years ago, there was a lot of people I knew that were like doing their
 own thing. And now I know people drive in Uber. So, you know, and I'm not heating on that at all,
 you know, I just think all the PPP money, I think there was a lot of money people were throwing around.
 And things are tight. So even with this, I question, okay, if we've lost jobs too,
 do maybe AI and technology? Yep. Some maybe, but we've talked about this. I mean,
 when businesses aren't making money, they can't pay in police. When the cost of goods and
 everything else goes up, it's hard to grow your business. It's a really tight spot to be in.
 Yeah, it just feels, I don't know, it's like how we say I hate the focus group of one and then
 I go ahead and give it to you, but hey, it's our opinion. It's our show. We're giving it to you.
 I didn't buzz the feel, the sentiment, you know, being an entrepreneur and owning multiple
 businesses, you sort of get a pulse of how things. Yeah. The vibe is not good right now.
 The vibe's a little off. There's segments of our business that are doing great.
 But then there's just enough sentiment, though, you know, as an overall vibe that it feels
 a little off. And the jobs thing, again, I do feel like putting some, you know, the job listings
 and things out there, I think the candidate, the volume of candidates, things like that, signals.
 There's more people out there looking that weren't in the market a couple of years ago.
 I think some of the more like cushy jobs are facing layoffs, you know, and people are being laid
 off. I've seen quite a few posts recently, you know, just on Facebook of people being laid off
 from their jobs. And definitely just seeing kind of like a slow down pre-election in the economy.
 You know, there's stuff going on with different businesses, people being laid off,
 buying, slowing way down, real estate is slowed way down. So it's definitely a really interesting
 time ahead of this election. Yeah, real estate is definitely slowed down. I very
 think, yeah, I don't know that we have article on today, but everything I've read, like with it
 slowed down. And house prices actually coming down a little bit, which is not a terrible thing,
 depending on the market. I don't not hear a downtown green vlog tell you that. But everyone else
 may be here. Condos and apartments are going down. I mean, the big developments, I mean,
 you have stuff being left half built right now, like $100 million projects, you can
 multimillion dollar homes on the beach that people are trying to sell made construction.
 So there's you can see it, even in a city where Miami where there's a lot of money, you know,
 you can see even the big money people pulling back right now. Yeah. I think what they might need
 is a stimulus, a brand stimulus. That is brand of bills. You need stimulus for your brand.
 You go to brandabills.com. I'm telling you, I rocking my social house had today, I pulled this
 one out of the old archives, you know, we run social houses here at G Vegas, you come see us,
 best event and co-working space in Greenville. But I've got our social house logo on this leather
 patch. I'm telling you, the dimension, everybody sees it. Hey, it has pretty cool man. I'm like, I
 know, they've got the stimulus package for the brand at brainabills.com. You go there,
 hit that custom button. You get that design team working on your logo. They're going to give you
 some patches, some new designs, new ways to think about how to bring your logo to life on hoodies.
 Look, it was a trillion G Vegas this morning. I like, I like, oh, where's my hoodie? Oh, there it is.
 My right about now hoody got the brand on their hoodies, t-shirts, hats, beanies, telling you,
 this is what gets your brand kicking. You send that to a prospect, your your business. Hey,
 they're going to go number one. This company knows quality and number two, it'll be something
 they actually wear because that's part of the problem. You give out all this merch. People like,
 this crappy $2 hat or this sweatshirt that's like falling apart. After the first wash and dry
 or shrinks down to a smidium, you know, that ex don't go into a smidium. Ain't no good, Chris. You know,
 we cannot have any smidiums. He can't be sitting that to your prospects,
 get people wearing that. You got that employee behind the counter. He's got that smidium on,
 and you know, let's be honest, he didn't need to wear that smidium. We need that brand kicking.
 brandobills.com. They are official merchandise sponsor and the brand stimulus package.
 You need go there, check them out, hit that custom button. You'll thank us for it. We love them.
 The official merchandise sponsor of right about now.
 So other things, lawmakers, prove legislations to ban deepfakes and protect workers to regulate
 AI. This is coming to us from our good friends at ABC News. California legislation proved a series
 of bills aimed at regulating the AI industry, combating deepfakes and protecting workers from AI
 related exploitation. I mean, that kind of sounds like not a bad thing. I wouldn't mind a little,
 yeah, I related exploiting. It's kidding. These bills now await the signature of Governor Gavin,
 Governor Gavin. That's what he's going to call you. He's the GOV Gavin who has until
 September 30th to act or not act. Lawmakers past legislation, banning deepfakes related elections,
 requiring large social media platforms to remove deceptive content before and after
 election day. There's a lot of words in this article like deceptive content. I don't know.
 They kind of ring off. So look, here's a deal. The deepfakes are getting pretty scary,
 how real they look. Like, almost the only way you kind of know that their fake is like,
 sometimes like, okay, there's no way that really happened. But like, but these people are starting
 to do such outrageous things. When did we cross this line where we don't know? You know what it is?
 You can't tell. Like, some of them, the only way I could tell is like the eyes. The eyes look
 dead. If it's AI. Yeah. Have you seen some of these newest ones, Chris? Yeah, man, they're all over.
 I mean, I saw a really funny one. It was Elon Musk and Trump went to the jungle to do I wasca
 either. And I was like, this is wild. Do you ever wrote this storyline? Look for yours.
 It obviously hokey. No, dude, it was so hokey. It was so funny. I mean, but it was it was
 shocking. You know what I mean? I mean, I'm mostly been seeing all these AI pictures of like
 Kamala and Trump were like Kamala's pregnant and Trump's like standing next to her like,
 hugging her, which very clearly is fake. But no, I think some of this bill of what it talks about,
 you know, like, you can't clone deceased people without their consent. That makes sense to me. And
 then even the call centers like stop firing real humans and replace him with AI. I can get behind
 that. You know, yeah. I mean, I will say, yeah, fighting at some point, like with these voice actors,
 you know, I have friends in Hollywood. We made a movie out there even two weeks or they were
 telling me about all this stuff going on. And it's like, okay, you're a voice actor and you're
 striking because you don't want them to use AI. I'm sorry, it's a business. They're going to use
 AI because it's cheaper. Yeah. I don't know what to tell you. I don't know how to avoid this.
 I mean, it says state local agencies will be banned from using AI to replace workers at call centers
 under one of the proposals. I also create penalties for digitally cloning dead people without
 consent of their estates. I mean, I could sort of get behind that one. Yeah. Yeah. Yeah.
 I mean, I'll talk side, but it's like digital cloning legislation.
 I mean, it's what a time to be alive. What a time to be alive. But I don't know how you're going to
 fight the using AI to do work that is more efficient eventually. It's like fighting the internet.
 Again, look, but it is California. So they will try. Yes. It said, uh, the
 the list I said by lawmakers to the governor's desk requires developers to start disclosing
 what data they use to train their models. I mean, this goes back to, you know, I've talked
 about this before. Like, you got it. It's if they're going to do this again, you can't find
 technology, but they at least got to pay for where the source of the data comes from. And you're
 seeing that more with like the data deals and like, that's the problem, too, is we all opt in and
 agree to give our data every time all these apps and stuff. We're not reading the terms and service
 agreements. Yeah. Well, exactly. We might be like giving them a guy life away. Yeah, exactly.
 To call me when I'm dead digitally cloning. I loved that old Arnold Schwarzenegger movie.
 Did you ever see that one about the cloning like the Terminator? No, it was like the sixth.
 It was called the sixth day. I remember maybe I've seen a lot of like, I had an older brother and
 we only had like a couple of VHS tapes growing up. So it was on repeat. Yeah. What's the show
 that was on HBO? I mean, that's the biggest thing. It's like that Westworld. Westworld.
 That show is wild and it's good show, but it's like you're not far from that. You know, like with
 these robots, like, Elon's got the robots being made to look and act more and more normal and
 other providers. And then when you can put in the the engine flash the brain of these things
 being AI, it used to just know like that felt really far away. That feels like once like
 any moment away, right? Yeah. Yeah. I feel like they're going to get, you know, you're going to
 see the videos of them having one in a room and you're not knowing it or something. Yeah.
 And then then telling you the, you know, who's the robot in the room? I don't like it.
 We're going to have scanners on our phones to tell us like, who's the robot and who's not?
 Like, who's got blood pumping through their brain? I didn't even think they had that in like
 Westworld to a degree. It's like, do, do, do, do, do, do. Look out. It's coming.
 Again, you, you know, you have to know my humor and my cynicism just so in case you're first
 time listener like or watch her. I laugh at things that made it. I'm like, because it's just
 sort of the irony of it in today's and like, it doesn't mean I don't take it seriously, but this chase
 thing, you know, it makes me laugh because on one hand, one, I don't, I don't want to eat
 bank or company getting defrauded. So it's not that that's funny. It's more like the naivety of like
 the kids or people they're doing this like that somehow they're not going to get in trouble for it.
 Anyway, jump into the article. Chase warns against using system glitch to filter cash. It's fraud.
 Plain and simple, they say. No shit. So there's a viral trend on TikTok, which one of millions,
 right? On Monday, Chase Bank issued a warning regarding a viral TikTok trend where users
 purportedly attempted to exploit a system glitch to withdraw more money than they had in their accounts.
 The trend involved depositing fraudulent checks and quickly withdrawing the funds before the
 checks could bounce. It's called check hiding. Go watch, catch me if you can.
 Great movie, great movie. But it's somehow like these things, you know, videos on TikTok showed
 users celebrating their withdrawals after often throwing cash in the air. Some videos also depicted
 the aftermath with participants upset for saying large negative balances in their accounts.
 Once the fraudulent checks were returned, like, what did you think was going to have that like,
 like how to commit fraud as a trend on TikTok? Like, and you can't tell me that and you can't
 tell me that the TikTok algorithm wasn't alerted about this, right? Like, why was this not,
 why did this go viral? Yeah, you know, what a time to be alive to commit crime and fraud and
 then celebrated and then also videotape yourself after math, right? Yeah, it all comes crumbling
 down. I mean, again, the naivety of like the digital crime not be like, there's some like
 form of digital here that they think they're getting away with. But like, this is the equivalent of
 like me filling myself going and shoplifting, you know, the grocery store. And you know, like,
 walking out with groceries underneath my shirt and then going, look at this new trick. Yeah,
 just rob the store with a pack of stags, baked potatoes and a salad. And they're like, you can do
 this too. And I'm treating it by filming yourself. Yeah. And while you're being arrested,
 be like, what was this wrong? Like, right? Follow my trend. Exactly. Fried dinner trend. Yeah,
 I went into Best Buy. I walked out with this big straight TV underneath my dress. You know,
 like, what? Anyway, I don't mean you don't want to be the, I don't be the old guy.
 I got kids this stupid, you know, but it's like, I was just about to say that as technology advances
 brain capacity shrinking. This was from, you know, Chase, this was their response. Regardless of
 what you see online, depositing a fraudulent check. And withdrawing the phones from your account
 is fraud, played and simple. Oh, did it? Did we have to really tell them that? It's day
 they thought it was a glitch, bro. Just a glitch, man. It wasn't fraud. Yeah. In videos, $279
 billion wipe out the biggest in US history drags down global chip stocks. So on Wednesday,
 the largest drop, we seem to break a lot of records. One way or the other. For good,
 better and different. It's, you know, I got the, the example I gave with the house I sold,
 it's like 300% up and like, these swings, both in the good and the bad. We just seem to break
 records at a pace that seems faster than it used to be. It's like, you know, $279 bill,
 just wiped out one day. Uh, okay. And it would just kind of numb to it, you know, like, uh,
 that's what's, you know, the average, I don't know whether they're 30 girls or 50 girls,
 I don't know that has anything to do with it. But your average news reader just sees that
 just like, man, bad day for them flips a page. Yeah. Like, uh, they'll get it back tomorrow.
 Right. I mean, and they might, you might not be wrong. Like that's just the
 insanity of some of these swings that are hard to sort of when you really want to think about
 what it takes for that to happen. The amount of money that it takes, how long do it take to make
 that amount of money? Like, it's $79. Yeah. Yeah. Yeah. It's like, it reminds me back to, uh,
 dumb and dumber. And he's like, that's $139 bill. That's the Ferrari you might want to hold onto
 that one. The IOUs. Yeah. Like, they've got the case of money with like a billion dollars in it.
 And uh, they spend it all, but they put IOUs papers in it. Like, that's uh,
 $179, you want to hold onto that one? That's for the Ferrari. Like,
 $279 bill wiped out. That's, that's what's going to hurt a little. There's a bandaid.
 Hope you have put some neospor on it. It'll make it feel better. Uh, anyway,
 NVIDIA shares plans that were 9% during trading regular trading. You can continue to slide.
 Economic data released on Tuesday sparked renewed concerns about the US economy,
 contributing to the broader market selloff. They were also subpoenaed by the,
 the video was it, it's subpoenaed by the US Department of Justice as part of the anti-trust
 investigation further weighing on the stock. Yeah. I mean, the previous record was held by meta,
 which lost 232 billion in value on a single day in February of 2022.
 You have any NVIDIA stock there, Chris? No, I pulled everything out of the market. Yeah, I'm crypto.
 Still stuck to get hit too. How did it take in a hit this week? Yeah, I went down with this,
 but everything's kind of, it's only down 1% for the week today. So it kind of bounced back up,
 just like it appears the market. Yeah, I have some NVIDIA. I won't lie, but it's a good stock.
 It is a good stock. It's just a different kind of work. It was. It's like up 10x,
 I'm like, last few years, but still a lot of damn money. Well, and even when I see this news,
 I'm like, all right, but we know, like, microchips aren't going anywhere. No, it's like, that's
 exactly. Like, if there's one stock that, you know, it's kind of, that's kind of the point,
 it's like that wiped this off. It's like, it's still up. Number one, and number two,
 every single thing that's like growing now, AI technology computing is fueled by things that
 this company makes. Yes. So it's like, what does this data, and that's where it's for me,
 what does this data point really encapsulate then? Because their core business,
 this is sort of the emotional swings that are driving like the economy now. That really
 has to do with core fundamentals of business. It's kind of back to the meme stocks,
 or the meme coins, you know, like, they have no real value, but because they got popular for a
 minute, they went up to values that had no, no real justification other than the insanity
 of the popularity that they get because it just takes on a life of itself. And so this is kind
 of the same thing. It's just a sentiment. You get this really fast sell off. So it causes this
 cap valuation to go down, but the business fundamentals, if you go look at like the revenue
 and cash flow, everything, there's nothing in their business that really, you know, yeah, the,
 I get that the, the going in front of Congress and all that and having to answer for some things
 inside our trading. So that this matters. I'm not going to say it doesn't, but the core fundamentals
 of their business are still sound. And I would say, okay, going from the Congress, just like metadata,
 where it's almost too big of a beast to tame. We need to video. We want, yeah, we want to be
 their preferred partner over China or whatever major superpowers. So it's kind of like,
 like you said, people are reacting to the news. They're buying the news or selling the news.
 It's all emotional. Yeah. And I think it's more of the, the economy as a whole, but not this,
 because I can tell you, even if the economy of the whole is the whole width into the tank and I'll
 in video is their sales are only get a slump by so much and probably none at all because of
 the technologies and the advancements that all of the companies are doing that leverage exactly
 what they create. So sentiment mood drives a lot of behavior that then creates these swings.
 And I'll say this, we say we take the BS out of business. So just think about that.
 When you feel like you're being swayed or done to think a certain way, it creates these mood swings
 in this sentiment that has real monetary impact for someone or something. So just remember that.
 In a moment, you don't think you're on the string being played. That's the moment you're in trouble
 because we're all being played a little bit. Just saying. Chris, I got back there behind you holding
 your string up. You know, I'm going to get you dancing. Like I put what in here. We have Chris
 dancing on the show. Yeah. That's what it is, right? We're being in the scary thing is when
 you don't know what's happening. That kind of ties into our next article on censorship. It's
 really interesting ahead of this election. How many ways we are getting pulled as Americans,
 as a worldwide organization of people? How many ways that we're being swayed through the media
 and we don't even know it? She talked to us about this article then. Let's go there, Brianna.
 All right. So I teed it up on our next article. The first day without X, many Brazilians say
 that they feel disconnected from the world. So this article is coming to us from USNews.com.
 And in this article, Brazil blocked access to Elon Musk's social media platform X after
 Musk refused to appoint a legal representative in the country. So the action stemmed from a pro long
 to dispute between Musk and the Supreme Court justice over issues like free speech, misinformation,
 and far-right accounts, which is quite interesting.
 You know, I was going to Brazil's like scary. If you're going to be like, we have 85% US
 audience. And so most people are listening in the US. But damn, thankful you're born in here in
 the US. It ain't perfect. But whatever's going on in Brazil is scary. And blocking an entire social
 platform, you know, is in having the power to do so. Then the exact opposite of democracy, I think.
 I feel like they're going through. We went through in like 2020 where we had Twitter still,
 but it was so overly censored. Very biased. You know, we've got meta now, Mark Zuckerberg,
 Republican, admitting to censoring self-unmeta. But even here where it's saying they want to go after
 people using VPNs, you know, where you can kind of cloak what country you're searching internet from.
 And I've traveled the world. I've been in countries that have certain, you know, restrictions
 do by being one of them, you know, had a censored internet. And it's honestly insane for me to think
 that depending where I am in the world, what I'm seeing is completely different based on that
 country's political ideologies, motivations. As far as I'm concerned, anywhere in the world that
 you're getting restricted from access to free information, it's just tyranny. Yeah. I mean,
 it feels like total like not to make like Stalin Hitler like like total like takeover authoritarian
 authoritarian. Yeah. No control information. You control people's mind and
 game over. I don't think you did that. Jeannie, he'd go back in the bottle. Like this
 ain't gonna last, right? It's just people who are just aren't gonna stand for it. You know,
 I don't know if we were just that naive 100 years ago, whenever, you know, a lot of these things
 existed. I think the people just aren't gonna stand for it. I wouldn't think eventually it's good.
 This is going to mean it's already coming to a head. But like, and when they did it here,
 people moved to other platforms. You know, I saw a huge insurgents in Telegram, for example,
 when Twitter was being censored. And you know, like this article says, they,
 they got people migrating other platforms. Yeah. I don't, I don't, I don't know. I feel like
 it must can be this. But yeah, it's like it will eventually work itself out. But how could you
 feel comfortable doing any kind of business in Brazil? No, and it's very interesting timing,
 you know, because we're pretty close to the election. And it was interesting in this article,
 the way that it was written to specifically the issues are free speech misinformation and far
 right accounts. It's just interesting to me. They're not getting riled up and blocking Twitter
 or X over far left accounts. No, exactly. It only, it typically means only work one direction. Yeah.
 Let's call a spade a spade. Oh, what's what's left today, Brianna? What's this? What's
 like last on our list? And we got time for one more. What do you think? Well, we did talk about
 Disney last week. And some of the stuff that was going on with Disney. And then let's finish it
 out with some football. There we are. Let me talk direct TV blackouts. The US Open and
 College football coverage pulled for millions of direct TV customers over carriage disputes with
 Disney. millions of TV direct TV subscribers were unable to watch major sporting events, including
 the US Open. Due to this dispute, Disney entertainment, including ESPN went dark during the US Open
 after two companies failed to reach a new agreement, leaving fans unable to watch key matches,
 including the fourth round match up between two prominent players. Blackout occurred just 30 minutes
 before a couple of the other matches. Blackout also affected college football fans with the LSU USC
 season opener. Disney executives criticized direct TV for denying subscribers access during
 major sporting events and emphasized they were fusible to undervalue their content. Direct TV
 accused Disney of pursuing maximum profits at the expense of consumers and claimed Disney demanded
 the waiver of future legal claims in exchange for an extension. It's the second executive USPN
 has gone off the air due to major carrier dispute. Similar issue with spectrum happened last year
 and it resolved before the NFL season started. So I mean, you have these disputes where
 you come down to the end of the contracts all, you know, trying to get signed, both parties won.
 You got the lawyers just standing holding firm like saying screw all these, screw everyone
 to watch these games. Yep. We're deals not done boys. No, I can't, bro. Talk about pride and ego
 and money, money, business of football and sports.
 And it's hard to know who's the right wrong here. They're both like lobbying. They can figure this
 out prior to 10 minutes before kickoff. Well, that's a thing. Here's what happens. It's just kind of like
 the equivalent, you know, when the government shutdowns coming, it gets down to the last. Yeah.
 None of them want the repercussions of the people that have to experience and what they end up,
 like, you know, coming after their heads, like, you can't do this. The government can't be shut down.
 Then all these departments don't work. If you banks aren't running or things aren't
 transacting the same thing here. They can't down to it to where it actually takes it off the air
 and then both sides get inundated. All their customer service, all their people like, why is this off?
 You know, like, all foot their heads. I'm canceling everything. Wait, wait, wait. Okay, we're going
 to get the deal. They're on the phone with the lawyer going, all right, we'll see there. We
 won't see it here. All right. Well, we got to do to make this happen. I mean, you can see it behind
 happening, I'm closed doors. And it's like, can we not just make, you know, but nobody wanted to
 give an inch until that moment until their customer service departments were so overloaded that they
 feared what they feared, what they thought they were preventing or the profit that they thought
 they were gaining is ends up going out the other end of the door. Exactly. Exactly. I mean,
 they're going to lose, lose either way. They should just signed it. Yeah. So there you have it.
 That's your business news of the week, my friends. Stay safe out there and get some football on.
 It's a good, uh, at least for me, a good, like, release from, like, working all the bullshit.
 You can kind of just melt into to the game a little bit and, uh, and the couch.
 I like melting into the couch watching a little football. Any final thoughts, Chris?
 Everybody have a great weekend. September is here. We're going fast. Yes. Yes.
 We're gonna don't believe everything you see on TikTok. Yes. Or the news. Or do it. Yeah.
 Don't believe it all or you could believe it, but just believe that, uh, it might not be legal.
 It might get you in trouble. Maybe Google it before you try. Don't commit any check fraud this week,
 guys. Yeah. No rob talk. It is illegal. Yeah. Fraud talk, whatever it is.
 The glitch is also a felony. Okay. So don't do that. Yes. Go give us some love over there on YouTube.
 Subscribe. Check out the videos, all the shorts, the highlight, the reels. We've got all long
 four minutes short from content over there. And always at Ryan is right.com. Tell someone,
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 Thanks to all our sponsors. We'll see you next time. I'm right about now.