The Philip DeFranco Show - PDS 7.1 WOW! What Britney Spears' Heartbreaking Loss Really Exposes, Canada Day "Cancelled", &

Episode Date: July 1, 2021

Go to https://NordVPN.com/phil and use code PHIL to get a 2-year plan plus 4 additional months free! It’s risk-free with Nord’s 30-day money-back guarantee! -- WATCH Rhett & Link Podcast: https://youtu.be/1Hy6BKjjAQQ  WATCH Full “A Convo With” Podcasts: https://www.youtube.com/ACW   LISTEN On The Podcast Platform Of Your Choice: http://LinksHole.com  WATCH the ACW Clips channel!: https://youtube.com/ACWClips  -- 00:00 - Happy Birthday, CCP? 01:30 - Britney Updates and Iggy Speaking Out 04:05 - Explosive LAPD News 06:23 - Sponsor 07:30 - Robinhood Facing the Music 09:37 - Canada Day 12:32 - House Opens Jan 6 Investigation -- ✩ SUPPORT THE SHOW ✩ ✭ BUY our GEAR, Support the Show!: http://ShopDeFranco.com  ✩ TODAY’S STORIES ✩  CCP Turns 100: https://www.wsj.com/articles/100-years-of-chinese-communism-11625092616 Judge Denies Britney Spears’ Request to Remove Father From Conservatorship: https://variety.com/2021/music/news/britney-spears-conservatorship-request-denied-remove-father-1235009486/ Illegal Fireworks Explode In Los Angeles Bomb Squad Truck, Hurting 17: https://www.latimes.com/california/story/2021-06-30/lapd-responds-to-explosion-at-scene-of-confiscation-of-illegal-fireworks Robinhood to Pay $70 Million for Outages and Misleading Customers: https://www.nytimes.com/2021/06/30/technology/robinhood-fined-misleading-customers.html More Unmarked Graves at Former Residential Schools Prompt Calls To Cancel Canada Day Celebrations: https://roguerocket.com/2021/07/01/more-unmarked-graves-at-former-residential-schools-prompt-calls-to-cancel-canada-day-celebrations/ House Opens Jan. 6 Investigation Despite Republican Opposition: https://www.nytimes.com/2021/06/30/us/house-jan-6-capitol-riot.html ✩ STORIES NOT IN TODAY’S SHOW ✩ Federal Judge Blocks Florida’s New Social Media Law That Would Punish Platforms If They Ban Politicians: https://roguerocket.com/2021/07/01/judge-florida-social-media-law/ James Franco Agrees to $2.2 Million Settlement Over Misconduct and Fraud Lawsuits: https://roguerocket.com/2021/07/01/james-franco-agrees-to-2-2-million-settlement/ Supreme Court Upholds Voting Restrictions in Arizona: https://roguerocket.com/2021/07/01/supreme-court-voting-restrictions/ ——————————     Edited by: James Girardier, Julie Goldberg, Maxx Enright Produced by: Amanda Morones Art Director: Brian Borst  Writing/Research: Philip DeFranco, Lili Stenn, Maddie Crichton, Cory Ray, Neena Pesqueda, Brian Espinoza Production Team: Zack Taylor ———————————— #DeFranco #BritneySpears #IggyAzalea Learn more about your ad choices. Visit megaphone.fm/adchoices

This may come as a surprise to you because I obviously look like a man who is But I am not a gardener by trade. But, you know, during the pandemic, we got a home garden because that's what you did. You just like you did different things. I don't know if you're aware of this. I didn't know. You're supposed to pick zucchinis when they're like seven to nine inches because they will just continue growing.

What is this? This is ridiculous. I posted this on Twitter, and someone told me that their mom calls these homewreckers, which is the funniest thing I've ever heard anyone say. Moms saying dirty stuff, never not the best thing in the world. But yeah, all of that to say is,

if anyone would like some zucchini bread, let me know. But with that incredibly important update out of the way, welcome back to the Philip DeFranco Show, you beautiful bastard. It's July 1st, 2021. We're halfway through the year already. How did that happen? Also, I'll start you out with some fun trivia.

The sponsor of today's show, the Chinese Communist Party. I'm kidding, obviously, not the sponsor. One of the biggest threats to the world, the Chinese Communist Party, had turned 100 today, kind of. As it turns out, the Communist Party leader Mao was one of 13 people who attended the first party Congress in July of 1921.

But that actually happened on July 23rd, and Mao, he just remembered the wrong day and established a holiday for July 1st, which I think brings us to the most important truth in our world. If you say something with confidence and or you have immense power, reality can be whatever you say it is. Then let's talk about obviously one of the biggest stories in entertainment right now, Britney Spears. News came out and of course there's been big reactions over the last 24 hours, but I think there's also

been some misunderstandings. So as you may or may not have seen, there were reports yesterday saying that a judge denied a motion to remove Britney Spears' father, Jamie, from his role as a conservator of her $60 million estate. While that might sound shocking for a lot of people, especially given Britney's emotional testimony in court last week, this move is actually not a direct response to that hearing.

Instead, this decision that's being reported on is in response to a previous request filed by Britney's attorneys back in November of last year. At that time, her lawyer had argued that Britney was afraid of her father and would refuse to perform again if he continued attorneys back in November of last year. At that time, her lawyer had argued that Britney was afraid of her father and would refuse to perform again if he continued to be in charge of her career. So this was her team asking that Jamie be removed

as sole conservator upon the appointment of the financial company Bessemer Trust. And while the judge ultimately declined to suspend Jamie from the conservatorship, they did not rule out future petitions for his removal and suspension, though they did also appoint Bessemer Trust as co-conservator.

So essentially what we're talking about here is the finalization of a decision that was already made. And as lawyer and legal commentator Emily D. Baker noted on Twitter, this isn't a new ruling and this wasn't a new motion, with her adding that really the only new thing here is Britney's father's opposition to appointing Jodie Montgomery as a conservator. But the news being reported yesterday was not completely pointless. I mean, it also serves as a way to keep the spotlight on this story. Because once again, I mean, all of this coming out, it feels like it has drastically changed public opinion on this topic, as well as seemingly changing the opinion of

and actions of people involved in this matter, or at least nearby. For example, as I was finishing up today's show, Bessemer Trust actually asked to withdraw as co-conservator, reportedly saying in its filing that it had not known of Ms. Spears' objection to the conservatorship that governs her life, saying it was told that Ms. Spears' conservatorship

was voluntary and that she had consented to the company acting as co-conservator. And ultimately here is saying they want to respect her wishes. So that's, I mean, that's a massive update, especially as we get closer to the next pivotal date in this being of course, July 14th. And then, I mean, as far as other people's reactions

or kind of speaking out with this, maybe it was affected by the new reports around this story, but we saw Iggy Azalea speaking up, writing a statement on social media. And notably there, in addition to showing support for Britney Spears, she also talked about working with Britney back in 2015, saying she personally witnessed some of the behavior that Britney had described regarding her father, writing, I just want to back her up and tell the world that she is not exaggerating or lying. I saw her restricted from even the most bizarre and trivial things, like how many sodas she was allowed to drink. Iggy also talking about an instance

where Jamie Spears allegedly waited until moments before a performance with Britney Spears to tell her that she wouldn't be allowed on stage if she didn't sign an NDA. Jamie Spears has a habit of making people sign documents while under duress, it seems, and Britney Spears should not be forced to coexist with that man when she's made it clear

it is negatively impacting her health. Then we should definitely talk about this absolutely explosive news with the LAPD blowing up. And for, I believe the first time, I'm not just using colorful language there, like this was an actual explosion. So if you live in South Los Angeles and you heard or you experienced some sort of loud boom, that might've been when a police truck exploded. It reportedly injured 10 officers, an ATF agent, six civilians, though the good news here, the LAPD has described all the injuries as mild to moderate

with no one in serious condition, so that is good news. And as far as what happened, right, what led to this craziness, reportedly the police were tipped off that a house in the area contained 5,000 pounds of commercial grade fireworks. And after raiding the house and arresting a 27 year old, most of the explosives were loaded onto trucks

and moved off site for destruction. However, officers discovered that the home also contained what has been described as improvised explosive devices. And with this technicians reportedly decided that it would be safe to load those onto a police truck made for destroying explosives and get rid of them immediately. But then something went catastrophically wrong.

The explosions caused cars to flip, windows to be shattered in a two block radius. And as for what went wrong, the LAPD really isn't sure right now. You have an official at the agency saying that quote, "'Something happened in the containment vehicle that should not have happened and we don't know why, but we intend to find out why.'"

With the agency also requesting that the ATF send more agents to figure out what exactly went wrong. So we'll have to wait and see what happens there. but if there is a way that I can end this story, I mean, I want to be like, hey, if you live in California or an area experiencing extreme drought right now, maybe be careful over the weekend, but I know it's not gonna really stop anyone. Like yeah, most fireworks are already illegal in California, but every single year, and it's usually like a video from a plane, you see no one really cares. So what I'll say is at the very least,

just please don't be stupid, stupid, like stay away from forest areas or any, there's gonna be a fire, we know there's gonna be a fire. And I mean, it's also not just a California concern, Portland has now banned fireworks as the hot dry weather raises the chances of forest fires dramatically, as have several areas of Southwest Washington.

So you know, since it's gonna happen, maybe the advice here is get a go bag ready if you live in a dry area. And or maybe just for 2021, plan out some like random things that you could do with a drop of a dime because right now experts believe that 2021's fire season is going to be worse than 2020's,

which was already one of the worst on record. So enjoy that fun news. From that, I wanna take a second to thank the fantastic sponsor of today's show, Omax Health. Many of you probably experienced some pain that prevents you from relaxing, sleeping, or everyday chores and exercise. And when it comes to exercise,

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at omaxdefranco.com. That's O-M-A-X Defranco.com, code Defranco for 20% off your entire purchase. Then in big money and business news, we should definitely talk about Robinhood getting a smack in the face or on the wrist if you really think about it. And that is because FINRA,

the Financial Industry Regulatory Authority, just imposed its largest fine ever on Robinhood. Right, as you might remember, Robinhood took a massive hit to its credibility back in January during the GameStop AMC meme stock frenzy. There've been a number of things. I mean, one of the more recent ones back in April, Robinhood's crypto trading crashed twice

while Dogecoin was multiplying in value. And so, you know, with all of these things, we've seen congressional investigations as well as regulatory agencies and even everyday users of the app accusing it of operational and regulatory lapses, lapses which also resulted in many customers losing big. And even before all of that, you had the Securities and Exchange Commission

fining Robinhood $65 million for misleading customers. And now FINRA is fining the company another $70 million for that same reason as well, as for the harm suffered by customers during system outages from 2018 to 2020. You know, with all this, while Robinhood has said that its mission is to democratize finance for all.

FINRA is also finding the company specifically for giving customers the wrong information about how to trade on margin, AKA with borrowed money, as well as for not properly vetting some customers who were approved for trade-in stock options despite red flags. So because of that, $12.6 million of the fine will go to restitution for thousands of harmed customers.

Who, I mean, yes, if you followed the news around Robinhood recently, also will include the family of a 20 year old man who committed suicide after he mistakenly believed that he had lost $75,000 in a risky bet on the app. Yeah, I mean, the reason I say it's a bit of a slap in the face, but also a slap on the wrist. I mean, last year they reported that they did

about a billion dollars in revenue. So for them, it gets to kind of just be the cost of doing business in a shitty manner. And I mean, as far as me personally, I'm never going back to the app, which I mean, also, I will say for transparency reasons, after they really fucked up this year, I ditched them. I ended up investing with and then partnering with public. So if you are someone that you're not content with, like your money just kind of becoming less and less due to inflation in a bank account, you want to start thinking about your future, definitely look into public.

You can use my code. That's great. There's a lot of cool, specific things as far as why to use public. But I think one of the biggest ones is, you know, there are companies out there that say that they are for the people. And then there are companies out there

that are actually for the people. Then we should definitely talk about this huge news out of Canada. I mean, it's a big story in its own right. It's an update on something we've talked about before. But where it starts is that today is Canada Day. It's a day that marks a major milestone in Canada's history towards full independence

from the United Kingdom. But what we're now seeing this year are many celebrations being canceled amid calls to cancel the holiday as the country continues to face its past and come to terms with how it treated indigenous peoples. I mean, we've talked about it some. Over the last month or so,

over a thousand unmarked graves have been found in British Columbia and Saskatchewan on the location of former residential schools. With those schools having been around for about a hundred years into the 90s and were largely run by the Catholic Church and with funding from the Canadian government. With their ultimate goal reportedly being to, quote, civilize indigenous peoples and what the government now recognizes as cultural genocide. And the recent revelation of unmarked graves has emphasized how horrible the schools were as nearly every corpse was an indigenous child. With the most recent of these finds being announced by Lower Katooni Band on Wednesday, revealing the ground penetrating radar exposed the bodies

of 182 at St. Eugene's Mission Residential School. You know, the discovery of so many unmarked graves is bittersweet for indigenous people. I mean, for decades, they have claimed that children would go missing at these schools, but they were largely ignored. So yes, there has to be validation in going, "'Yes, see, we were telling the truth,

"'but also the truth is horrifying.'" And with this, we've seen Canada seemingly trying to reconcile its past by setting a commission to investigate crimes and other injustices done to Inuit, Metis, and First Nations. With that commission estimating that 4,100 children went missing in the residential school system, but Murray Sinclair, who used to run the commission for nearly a decade,

thinks that that number could be well beyond 10,000. The discoveries of so many of these unmarked graves not only caused cities to cancel Canada Day celebrations, but also led to the Prime Minister addressing this issue in his Canada Day speech. Following the horrific discoveries of hundreds of children at the sites of former residential schools in BC and Saskatchewan, we all stopped to reflect on the historical and ongoing injustices. And we, as Canadians, must be honest with ourselves about our history. Because in order to chart a new and better path forward, we have to recognize the terrible mistakes of our past.

Also, what's been interesting to see here is while resentment towards the Canadian government for the involvement in these injustices towards indigenous people does remain split, nearly all are still angry at the Catholic church for its involvement. With one of the big notable reasons being that it has refused to apologize.

Right, the Canadian government has apologized saying that it's working towards reconciliation. You have the largest Protestant Church denomination which ran a sizable minority of the schools also apologizing. But the Catholic Church has not. Though there may be some movement on this front. The Pope has now agreed to meet delegates from three of Canada's largest indigenous groups later this year to discuss the problem, although that doesn't mean that there will be an apology for sure. Also, it appears that the overall frustrations here possibly have turned violent. This because reportedly four Catholic churches

have been burnt down over the last week and what police believe are suspicious circumstances and possibly linked to the church's involvement with residential schools. Then, in interesting political news, we should definitely talk about the house now approving legislation to form a select committee to investigate the January 6th insurrection.

And what was actually really cool and it made me feel like proud to be an American is that the vote was very bipartisan. We already knew that all the Democrats were going to vote for it, but then Republicans, I mean, two of them, two of them voted with the Democrats. 220 Democrats and two Republicans. With those two unsurprisingly being

Liz Cheney and Adam Kinzinger. Now, as far as what we know moving forward, this new select committee will reportedly be designed similarly to the panel formed by the Republican controlled house in 2014 to investigate the Benghazi attack. The body, which will have subpoena power, will consist of 13 members, eight named by Democrats, five appointed with input by Republicans.

Also, reportedly among other elements of the January 6th attacks, the panel will specifically look at former President Trump's role in inspiring the violent mob, something the Republicans have largely rejected despite their initial condemnation of the president at that time.

Myth, notably now, members of the Republican party slamming this new committee as a partisan power grab. People like Jim, please don't Google my wrestling coach background, Jordan saying, I know I've got real concerns that this is all just political and that this is impeachment three against president Trump.

But on the other side, you have Democrats for their part, painting this move as a necessary one with Pelosi saying, you know, this is her second choice. She would rather have a bipartisan committee, but Mitch McConnell killed that possibly happening in the Senate, saying Republicans left them no choice and adding, we have a duty to the constitution

and to the American people to find the truth of January 6th and to ensure that such an assault on our democracy can never happen again. And rather than being frivolous with the facts, we are going to be prayerful and patriotic and honor the concerns of the American people by seeking and finding the truth to protect our country. Now, as far as what happens next,

House Speaker Nancy Pelosi has actually already now rolled down her list of panel appointments, which include seven Democrats, and Cheney Hu has said she is honored to be on this committee. And that, you know, is very significant, especially because it's been reported that McCarthy told his members behind closed doors

that he would strip them of their committee assignments if they accepted an appointment from Pelosi. Now McCarthy, for his part, during a press conference today, denied making that alleged threat, but added, let me be very clear, I'm not threatening anybody with committee assignments. What I'm saying is, it was shocking to me that if a person is a Republican,

they get their committee assignments from the Republican conference. For somebody to accept committee assignments from Speaker Pelosi, that's unprecedented. But ultimately, that is where I'm going to end today's show. I would really love to know your thoughts on anything that stood out to you today. Also, thank you in advance for liking that video, subscribing if you're new here, all the good stuff. Hopefully I made consuming the news a less miserable experience for you. But with that said, of course, as always, my name's Philip

DeFranco. You've just been filled in. I love your faces and I'll see you next time.