Friday, June 3, 2022
The Briefing with Albert Mohler
The Southern Baptist Theological Seminary
4.8 • 8.4K Ratings
🗓️ 3 June 2022
⏱️ 29 minutes
🧾️ Download transcript
Summary
Part I (00:13 - 06:06)
What Do Musk, Bezos, Gates, and Buffet Have in Common? Money. And They’ve Lost A Whole Lot of It This Year — What Does That Even Mean?The Top 50 Richest People Have Lost More Than Half a Trillion Dollars This Year by Wall Street Journal (Joseph De Avila)Part II (06:06 - 10:40)
Constitutional Questions Erupt over Free Speech in Social Media as Supreme Court Places Hold on Texas Law to Limit Censorship by PlatformsSupreme Court Blocks Texas Law Regulating Social Media Platforms by New York Times (Adam Liptak)Part III (10:40 - 14:57)
Moving Testimonies Abound as Ireland Census Provides Citizens Opportunity to Write a Statement to Be Read in 100 YearsOn Ireland’s Census, a Blank Box Gives Residents a Chance to Tell Their Stories by New York Times (Ed O'Loughlin)Part IV (14:57 - 20:50)
How Would You Address a Transgender Person in a Casual Conversation? — Dr. Mohler Responds to Letters from Listeners of The BriefingPart V (20:50 - 23:15)
Does President Biden Take the Lord’s Name in Vain When He Says ‘For God’s Sake’ in His Speeches? — Dr. Mohler Responds to Letters from Listeners of The BriefingPart VI (23:15 - 26:24)
Why Won’t We Be Married in Heaven? — Dr. Mohler Responds to Letters from Listeners of The BriefingPart VII (26:24 - 29:58)
What Is the Importance of the Doctrine of Biblical Inspiration? — Dr. Mohler Responds to Letters from Listeners of The Briefing
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Transcript
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| 0:00.0 | It's Friday, June 3rd, 2022. I'm Albert Moeller and this is the briefing, a daily analysis of news and events from a Christian worldview. Have you had a bad year |
| 0:14.3 | financially? Well I'll tell you this if you've had a bad year it's not as bad as |
| 0:18.8 | several of the richest people in the world who have had really bad years. I know you're feeling badly |
| 0:23.8 | for them, but there's actually something here we need to look at. The |
| 0:27.3 | Wall Street Journal recently ran an article of the headline, the 50 richest |
| 0:30.6 | people have lost a combined 563 billion dollars this year. |
| 0:36.4 | They've lost, I repeat, a combined 563 billion dollars this year. You're crying already I know. Joseph DiI |
| 0:44.8 | Vila reporting for the Wall Street Journal tells us quote the top 50 richest |
| 0:48.5 | people in the world have lost more than half a trillion dollars on paper |
| 0:51.8 | this year, a stunning loss of wealth that exceeds |
| 0:54.3 | the gross domestic product of Sweden and is greater than all the market caps of all but six companies |
| 0:59.5 | in the S&P, that's the standard in poor's 500. |
| 1:03.0 | The 50 wealthiest people, quote, which include Elon Musk, Jeff Bezos, Bill Gates, and Warren Buffett, |
| 1:08.8 | have had a combined $563 billion in net worth evaporate this year and that's just through the third week of May. |
| 1:17.0 | That according to the source Bloomberg billionaires. |
| 1:20.0 | Now do not feel too badly for these extremely rich people, Elon Musk, who is the CEO of Tesla. |
| 1:27.3 | He's also currently, listed as the world's richest man. |
| 1:30.7 | He currently has a net worth, we told of 201 billion dollars. He's lost a few |
| 1:36.6 | billion on paper just in recent months he has lost almost 70 billion dollars |
| 1:41.6 | but then again he still has something like $200 billion. |
| 1:45.0 | So he is not in the poverty line somewhere. |
| 1:48.6 | But as you look at this, you recognize we're really talking about a financial reality so far removed from where most of us |
... |
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