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Opinion: As the Fed Tightens, VCs Are Spending Big on Crypto – Crypto Briefing

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The Feds Quantitative tightening will make it difficult for risk-on assets like cryptocurrencies to shine. But at the same time, money from venture capital firms keeps pouring into the space.

Despite a strong start to April, the bullish momentum in the crypto market has definitely cooled off. Last weeks FOMC minutes put a damper on Bitcoins recent rally even after Mayor Francis Suarez unveiled a snazzy new cyber charging bull at the Bitcoin 2022 conference in Miami. Since then weve descended further, tentatively finding support and bouncing from around $39,400.

With consumer price index data slated to reveal another month of record-breaking inflation, the gist from the Fed is that the prospects for the U.S. stock market arent looking so great. In a bid to offset the rampant inflation caused partly by the economic response to Covid-19, and party by commodity supply shocks triggered by Russias invasion of Ukraine, the Fed now needs to unwind its balance sheet comprising mainly of bonds and mortgage-backed securities. This process is known as quantitative tightening, which, grossly oversimplified, means the Fed is trying to suck money out of the economy.

It plans to do this by selling off $95 billion worth of assets every month to meet its projected targets. But thats just the tip of the icebergthe Fed is currently sitting on a whopping $9 trillion worth of assets. Although a good chunk of this is bonds that will expire to maturity over the next few years, the total amount is still substantially larger than the $4.5 trillion the Fed held the last time it implemented quantitative tightening in 2017.

Selling bonds back to the market aims to decrease their price and increase their yields (bond prices and yields are inversely correlated), which means that borrowing becomes more expensive and, since all money is born as debt, money becomes scarcer. Less money in the economy means less demand for goods and services, which should, in theory, suppress inflation, but also less speculating and investing, which is bad for risk-on assets like stonks and crypto.

Another key takeaway from the FOMC minutes is that the Fed is considering selling mortgage-backed securities for the first time as part of its tightening regime. Like the unprecedentedly high asset unwinding that needs to take place, an MBS sale could also have an yet unknown disruptive effect on the U.S. economy. Markets can handle positive or negative sentiment, but things can get scary when the outlook becomes hard to predict.

That all sounds pretty bleak, and it might end up being so for traditional markets. However, you can barely believe the bearish macroeconomic outlook with so much money continually pouring into crypto. As the Fed ruminates about raising rates and selling assets, venture capital firms throw money around like they print the stuff.

Last week saw Axie Infinity developer Sky Mavis rake in $150 million, NEAR Protocol $350 million, and Binance.US a cool $200 million at a $4.5 billion valuation. The list of those investing contains all the usual suspects: Andreessen Horowitz, Tiger Global, Paradigm, and even contributions from TradFi firms like VanEck.

So what can we make of this? On the one hand, the Feds comments imply hard times ahead, but on the other, VCs appear fearless about investing in crypto. To me, one explanation comes to mind. While the short to medium-term macro environment will likely keep things turbulent, investment firms believe it wont be bad enough to do any serious damage. A lot of crypto investors, especially the institutional ones, will be thinking on longer-term time horizons. At the end of the day, theres no sense in passing up what they believe is a great long-term investment opportunity because of some temporary quantitative tightening.

Disclosure: At the time of writing this feature, the author owned ETH, and several other cryptocurrencies.

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Opinion: As the Fed Tightens, VCs Are Spending Big on Crypto - Crypto Briefing

Father Stu Is One of The Best Faith-Based Films Ever But Will Anyone See It? – Religion Unplugged

(REVIEW) Father Stu nails the faith-based formula better than maybe any other faith-based film. But it remains to be seen if audiences will come out to see a faith-based film with so much cussing or where the hero leaves the girl to pursue God.

The movie tells the true story of Stuart Long (Mark Wahlberg) an immature, self-centered boxer-turned-aspiring actor with an estranged father (Mel Gibson) and dysfunctional mother who has a religious experience and decides to become a Catholic priest against the wishes of his family, his girlfriend and eventually the church itself before becoming an inspiration to many.

Father Stu is a passion project for Wahlberg, an openly devout Catholic. He has described to America Magazine the movie as the most important movie (hes) ever done and the best movie (hes) ever been a part of. He put a lot of his own money into the film to make it a reality, calling it to Religion News his love letter to God and part of the next phase of his career, in which hes going to focus on faith-based films and films that do good in the world.

Wahlberg explained to America Magazine, Ive always been like, OK, as soon as I get to a certain place, and I have a certain voice and reach and platform, then Ill start doing more things that will move the needle in terms of my faith, and things that I think could be productive, helpful and in service. So when this project came to me, I was like, You know what? I need to go make this.

Wahlberg was inspired by Father Stus life how after a sinful life, he found redemption in faith in Christ and spent the rest of his life showing to others the grace that God had shown him. He got a screenplay from actress and screenwriter Rosalind Ross girlfriend of Wahlbergs friend Mel Gibson and was so impressed with it that he made her the director.

We wanted to make a movie that was edgy and real and relatable to everybody, Wahlberg continued And Stu was one of those guys that when he did his prison ministries, it was where he was most effective because he could speak with (prisoners) on their level, and he understood that he was one of them and that he had been in those seats. And now he was on the other side, and he was reminding them that Gods not going to give up on you, and neither is he.

Although Father Stu is being touted as a faith-based film, Wahlberg is clear in his remarks to Screen Rant that this is a different kind of faith-based film.

I mean, its a rated-R film, he said. Its got language, its got a lot of very raw elements to it. But its also got a lot of humor. Its got a lot of heart. Ive seen a lot of faith-based movies that really preach to the choir, and this is a movie for everybody. This is really encouraging people to not give up on themselves, to see the good in others and to have hope and hopefully reignite their faith, whatever that is.

As someone who has watched and written about faith-based films for a long time, I have a particular appreciation for the uniqueness of what Wahlberg was trying to do with Father Stu. On the one hand, its not like there havent been any religious films that have been edgy or rated R. First Reformed and Silence were celebrated religious films that were heavily mature. But those films were arthouse films that focused on deconstructing religion. What makes Father Stu unique is that it is trying to do what mainstream faith-based films do but in a way that isnt watered down.

People make faith-based films and watch faith-based films in order to express and relive the reasons they love having a relationship with God. Its a form of worship, just like when people make and watch romances to express and relive why they love romantic love and when people make and watch superhero movies to express and relive their love for the heroic ideal.

Wahlberg is motivated by the same desire as faith-based filmmakers to celebrate and pass on the good that God has done for them to others with their filmmaking. Its that same desire to watch that story that has turned faith-based filmmaking into such a consistently massive success despite consistent bad reviews.

Where these faith-based films typically go wrong aside from the bad screenwriting and acting is in their squeamishness at showing the ugliness and messiness of life even as they try to show God redeeming the same ugliness and messiness. They want to show how God redeems people from their brokenness but dont want to show the brokenness that people are being saved from because it drags their minds back into the brokenness rather than the redemption. This is definitely true of some films Im looking at you, The Wolf of Wall Street. But Christian films tend to fall into the opposite error, where you cant see Gods redemption of brokenness because you dont see enough of the brokenness Hes redeeming people from.

Gibson, who plays Stuart Longs father in the film, spoke to The Daily Wire and agreed that this is a problem in most faith-based films:

They keep things pretty sanitized. And thats not who we are. I mean, hey, were here because were a bunch of sinners, right? So this film shows you that. It shows that you can come from the depths of all human weakness and kind of be better than that.

This is one reason I was happily stunned by Father Stu. Its a movie that succeeds at making the Christian film that other Christian films try to, and it knocks it out of the park in all the ways the other movies consistently fail.

First, the quality is on par with any other Hollywood inspirational drama. The acting, screenwriting, camerawork all the aspects of filmmaking range from excellent to at least unobjectionable. The acting is particularly good, with Wahlberg and Gibson completely believable and endlessly entertaining as a dysfunctional father and son. Jackie Weaver is perfectly cast as Stuart Longs mother, as are most of the other characters in the movie. In fact, I would say that as an inspirational drama, this movie is far better.

Next, Father Stu spends a lot of time on Stu before he becomes a Christian and doesnt shy away from what an immature jerk he was nor does it shy away from what toxic people his mom and dad are or how broken the family and their relationships are. Once Stu becomes a Christian and determines to join the priesthood, he doesnt become a more boring and more passive character; he becomes more interesting as he balances his submission to God and the church with his inherent bullheadedness, which bring him into often righteous conflict with his parents, his girlfriend, his fellow priests-in-training and the church leadership.

The arguments Stu has with his family and his community never stop no matter how holy he gets and are always incredibly entertaining. Moreover, the closer he gets to God, the more suffering he experiences, and the more suffering experiences, the more he has to reevaluate his beliefs and get deeper answers. Not only that, but the more suffering he experiences, the closer to his family and community he gets, which because theyve made their relationships so entertaining only makes the movie more fun to watch.

This theme that struggle and suffering cause redemption is something that we rarely see depicted so well. Christian stories that show redemption coming when the suffering is over or the suffering is accepted and religious movies that embrace suffering (Winter Light, Faith Based, First Reformed, Silence) tend to leave their protagonists with less faith at the end of their stories. But Father Stu shows constant struggle and wrestling as the goal of the Christian life and the mechanism of that redemption. The more Stuart Long struggles with God and others, the closer he gets to them.

Mel Gibson elaborated on the importance of this for Stu. He sort of thanks God for his suffering, Gibson said. Hes not praying for an easy life just the grace to live faithfully through a difficult one We dont necessarily win in this life. Thats not what its about. Every one of us has got a boulder that were dragging around somewhere. Were all gonna get knocked over. Weve all got a burden that we have to go through, some more than others, you know? And (Stu) had a heavy one. But man, he was an example of how to triumph over that and weave gold out of it.

Its no wonder why Mark Wahlberg and Mel Gibson both gravitated toward this story. Both have violent and checkered pasts, and both have turned toward their faith as a method of redemption. Those who have forgiven Wahlberg and Gibson for their past will see this as adding another layer of authenticity to the story. Those who have not will see this as another example of two powerful men trying to spin their history into a redemption story.

We both had troubled pasts, Wahlberg said, referring to how his story intersects with Stuart Longs. He figured it all out, but Im still working on things. Elsewhere, Wahlberg elaborated, When all was said and done, and I was alone, and my friends werent there for me anymore, I had my faith, and I had people of faith trying to point me in the right direction. I had real success and experience in focusing my faith and trying to do the right thing, and then getting good results.

This is also one of the few faith-based films that seems particularly designed to appeal to men ironically, since it is also one of the few faith-based films directed by a woman. As a man, Ive often found that the women I know have enjoyed Christian movies more than I have. This makes sense; most Christian moviegoing audiences are women, just like most churchgoers in Western churches are women. Therefore, Christian movies are made primarily with Christian women in mind rather than Christian men.

David Murrow pointed out in his book Why Men Hate Going to Church that women tend to overwhelmingly like stories that resemble romances, and men tend to overwhelmingly prefer stories that resemble action adventure stories. Men like action films more than women even when the protagonist is a woman. This is why most Western churches, where the congregations are overwhelmingly female, and Christian films, whose audience is overwhelmingly female, tend to portray the Christian story primarily as a romance in which the protagonist desires to be loved but resists the love of our lover until through the lovers woo-ing, they discover their lover was their one true love all along.

Also, while most Christian films are made by male directors and feature male protagonists, most of them involve the male protagonist fulfilling married female fantasies, such as husbands apologizing to their wives or girlfriends (Fireproof, American Underdog, War Room, I Can Only Imagine, The Shack) or being better fathers (Courageous, Christmas Shoes, Overcomer, I Can Only Imagine, War Room). The average faith-based film is a Christian womans fantasy: The closer the male protagonist gets to God, the closer he gets to her ideal man.

But Father Stu, while it does follow many of these plot lines, also subverts many of them and merges them with storylines that appeal more to men as well. The movie plays out particularly in the second half as an action or sports movie in which Stuart has to overcome external obstacles by conquering inner demons while tossing quips around like a faith-based Tony Stark. In fact, in contrast to most faith-based films, in order to follow God, Stuart has to defy not only the advice of the men in his life and sometimes church authority but the women in his life too. This is a common experience for men including religious men but it doesnt often make it into faith-based films.

Sadly, despite this being perhaps the best example of the faith-based formula, the movie will probably be ignored by faith-based and secular audiences alike. Secular audiences typically dont come out for anything too heavily religious (e.g., Calvary, Silence, First Reformed), and Christian audiences have a real heavy allergy to swearing, too much veneration of Mary, and portrayals of premarital sex. In probably this movies one really bad misstep to me, Stuart Long and his girlfriend have sex before he decides to become a priest. They do show how that deepens the hurt for her when they break up, but they treat it lightly enough that most Christians will probably find it objectionable.

Christians relationship with swearing in movies tends to perplex and frustrate outsiders. Many Christians see swearing as part of the ugliness in the world, and seeing that in a movie distracts them from experiencing Gods redemption of the ugliness in the world. To people who arent bothered by swearing, this can seem hypocritical, since Christians dont typically have the same problems with depictions of violence as The Passion of The Christ and Hacksaw Ridge can attest which is far worse than swearing. To this, Christians surprisingly, rightly argue that unlike swearing, violence in movies doesnt lead to imitation.

Personally, I dont have a problem with swearing in movies like many Chrsitians do, but I do respect why others do. Even so, to me the swearing in this film serves the same purpose of glorifying God that the explicit violence did in The Passion of The Christ: It increases the authenticity, which makes seeing Gods glory all the more clear. This is how real people like those depicted in the story that need Gods grace actually talk. Even if Christians dont see it that way, though, I hope that Christians dont let that keep them from seeing the movie, since this is exactly the kind of faith-based film we should be encouraging people to make.

That said, I think the fact that Stu and his girlfriend dont get together is going to be maybe the bigger issue that will keep people away from the movie even if they dont admit it. Men wont like it because it will make them choose between their fantasy of getting the girl and their fantasy of being close to God. Women wont like it because it means the closer the hero gets to God, the further he gets from the character they identify with. This isnt theoretical. A gal friend of mine stayed behind from the screener for that very reason.

On the one hand, this is too bad. After all, its a true story, and this is the way it really happened. And its good for the many single Christians to see that a single life can be a life glorifying to God. However, I do relate to feeling the lack of movies that give a picture of what it looks like to integrate my romantic longings with my spiritual longings. So perhaps that would be a good thing to explore in these filmmakers next faith-based project.

That said, theres a chance that Father Stu will do quite well. Mel Gibson who produced the movie and whose girlfriend directed and wrote it has consistently been the one guy whos been able to make R-rated movies that appeal to faith-based audiences (Passion of The Christ, Hacksaw Ridge), so a Gibson-backed project is a better bet than most. And The Daily Wire has also recently had similar success getting faith-based audiences to support its own R-rated movies, and they have been promoting Father Stu as well. Similarly, the popularity of people like Jordan Peterson and a growing Christian masculinity movement show theres a growing interest among men in expressions of Christianity that appeal more to their sensibilities.

Mark Wahlberg told Today he is hopeful that the movie does well and that this opens up further opportunities to make similar films that can give people hope and connect them with their faith:

If people really recognize the power of the film, then maybe those things will happen, you know? Well see. But you know, again, if this movie does a lot and it does a lot of business, itll do a lot for people, and then well be able to do a lot with the success of the film to help others.

I hope that people who constantly say they want great faith-based movies will turn out for Father Stu. And I hope that Christians who normally would shy away from movies with rough dialogue will give it a chance. As someone who hungers for quality and authentic representations of faith onscreen that celebrate God rather than simply deconstruct him, I hope that this movie does well and inspires other moviegoers to follow in its footsteps.

Joseph Holmes is an award-nominated filmmaker and culture critic living in New York City. He is co-host of the podcast The Overthinkers and its companion website theoverthinkersjournal.com, where he discusses art, culture and faith with his fellow overthinkers.

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Father Stu Is One of The Best Faith-Based Films Ever But Will Anyone See It? - Religion Unplugged

Why Jordan Peterson Will Be A Big Hit At Bitcoin 2022 – Bitcoin Magazine

World-renowned Canadian author and psychologist Dr. Jordan Peterson will be on stage at Bitcoin 2022 in Miami April 6-9, causing speculation that he may be planning a public endorsement of bitcoin in a city that prides itself on being friendly towards bitcoin and other cryptocurrency-related industry and adoption.

Peterson has become wildly popular in recent years with millions of views on his YouTube podcast and millions of sales worldwide of his self-help book 12 Rules For Life. An Antidote To Chaos.

A highlight of the Miami conference, Peterson is causing excitement and a certain amount of surprise as he has expressed an interest in bitcoin in the past, but has not been a regular on the Bitcoin front lines.

Francis Pouliot, CEO and founder of Canadas largest noncustodial exchange Bull Bitcoin has been a fan of Petersons since 2018, and included his book 12 Rules For Life in his picks for the top three books of 2018:

https://twitter.com/francispouliot_/status/1080491585320685568?s=21&t=X2bpa4hU4k3xS2Dtc_nTHQ

Pouliot is seeing an accelerating interest in bitcoin in Canada, likely in part because of what he calls the out-of-control financial censorship that culminated in the Emergencies Act to suppress the Freedom Convoy protests by Canadian truckers, as well as the Bank of Canada's dramatic increase in money printing.

Pouliot told Bitcoin Magazine that he sees the orange-pilling of Jordan Peterson as being perfectly representative of this new wave of bitcoin adoption.

A growing constituency of Canadians, including within the traditional business establishments, realize that banking and government institutions do not have their best interest at heart, he said.

As they look for solutions to mitigate inflation and political uncertainty, Bitcoin stands out as the only credible alternative to the fiat system. Given the gravity of this rapidly deteriorating situation, they are now willing to give Bitcoin a shot, he added.

Jordan Peterson what is the attraction? He is credited with tens of millions of cumulative views from all around the world on his YouTube podcast.

Why do young people in particular Generations X and Z, and mainly young men follow a boomer professor emeritus from Canadas University of Toronto?

In her article in The Atlantic, Why the Left Is So Afraid Of Jordan Peterson, author Caitlin Flanagan says:

The Canadian psychology professors stardom is evidence that leftism is on the decline and deeply vulnerable.

Flanagan sees Peterson as occupying an intellectual niche all his own that is not conservative (although often characterized as such), not liberal and outside the overwhelmingly dominant politically-correct ethos found in academia today.

Young men particularly are getting what she calls the only sustained argument against identity politics.

With identity politics off the table, it was possible to talk about all kinds of things religion, philosophy, history, myth in a different way. They could have a direct experience with ideas, not one mediated by ideology, she added.

Peterson has been a source of controversy (here a message from a Kitchener, Ontario transgender group) over the use of gender nouns and pronouns and what he sees as a move away from free speech in Canada.

Francis Pouliot is a big fan of free speech and is thrilled that Peterson, another free speech advocate, will be attending whats looking to be the largest Bitcoin event ever held with an estimated 20,000 in attendance.

I am extremely stoked that Jordan Peterson is coming to Bitcoin 2022, he told us.

Like many other Bitcoin professionals, Dr. Peterson's teachings about personal responsibility have had a profound positive effect on my life and I consider them to be a perfect complement to the Bitcoin ethos of self-sovereignty.

Peterson is currently campaigning against an Ontario proposed law that will require critical race theory to be taught in public schools in Ontario.

Peterson has been a thoughtful observer of Bitcoin but his priorities have mainly been with his clinical psychology practice.

In his podcast with John Vallis Bitcoiner book club in August 2021, Peterson asked the four Bitcoiners many of the right questions giving listeners one of the best insights into the workings of a Bitcoiners mind.

In November 2021, Peterson interviewed Dr. Saifedean Amous, author of The Bitcoin Standard and he was clearly still learning about Bitcoin. He is especially impressed that Bitcoin can be kept completely out of the hands of governments.

What will Peterson have to say on April 8 at 12:30 pm?

Bitcoin Magazine will be covering the event both in print and on livestream.

Jordan Peterson (here with wife Tammy) is currently on a tour of the U.S., Europe and Canada including 52 cities in North America and a further 16 dates in Scandinavia, the Balkans, and the U.K.

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Why Jordan Peterson Will Be A Big Hit At Bitcoin 2022 - Bitcoin Magazine

Marxist Penn State associate professor wished for the deaths of Donald Trump, Jordan Peterson, Ben Shapiro, and more – TheBlaze

A Penn State associate professor allegedly hoped for the deaths of prominent conservative voices, including former President Donald Trump, Jordan Peterson, and Ben Shapiro.

The Post Millennial editor-at-large Andy Ngo shared alleged screenshots of alarming tweets sent by Zack Furness a Penn State University associate professor of communications at the Greater Allegheny campus. Furness reportedly replied to a popular Twitter account that posts unusual moments from American politics.

On March 26, the Twitter account shared a photo from 2017 of then-President Trump tossing out paper towels to Puerto Ricans who were ravaged by Hurricane Maria.

According to screenshots posted by Ngo, Furness replied to the tweet of Trump by writing, "Should've been Lincolnd five minutes later." Furness is referencing the assassination of President Abraham Lincoln, who was shot in the head by John Wilkes Booth in 1865.

Ngo also shared a screenshot of an alleged tweet from Furness written in September 2020, in which he hoped that several conservative commentators, as well as centrist and left-leaning figures, be killed.

"I'd like to build an arc and fill it with, Michael Tracey, Andrew Sullivan, Bari Weiss, Andy Ngo, Ian Miles Cheong, Jordan Peterson, Ben Shapiro, and Fox & Friends. And then launch it toward the sun," Furness wrote on Sept. 9, 2020.

Tracey is a journalist and political commentator who was a member of the progressive The Young Turks network and is known for his anti-war ideology. Sullivan is a British author and writer who has written for New York Times Magazine, The Atlantic, Time, and Newsweek. Weiss is a left-leaning writer who previously covered culture and politics at the New York Times until she resigned and later said the "newspaper of record" attempts to "satisfy the narrowest of audiences." Cheong is an online commentator who has written for several media outlets about gaming, culture, and politics. Peterson is a clinical psychologist and professor emeritus at the University of Toronto. Shapiro is a conservative commentator and founder of the Daily Wire.

Furness has since deleted his account with the handle "@punkademic."

On the Penn State University website, Furness wrote a description of himself.

"My name is Zack Furness and I am Associate Professor of Communications at Penn State Universitys Greater Allegheny campus, where I also serve as the Communications Program Coordinator and the WMKP Radio General Manager," Furness said.

"My work as both a researcher and a teacher draws upon a web of influences that include communication and cultural studies, cultural geography, feminist and Marxist theory, anarchism, environmentalism, critical pedagogy, history and philosophy of technology, and punk rock," he added.

Furness also said that he has "performed in punk bands and other musical projects since 1997, most recently in Barons, and my current research is all related to music in some way."

"During the 2018-2019 academic year, I began that work as a Visiting Scholar in the Department of Music at the University of Pittsburgh, while on sabbatical from Penn State," he noted.

The Post Millenial reported, "One particular communications class, titled 'Gender, Diversity & the Media,' explores the cultural, socioeconomic, historical, and political implications of media content, media practices, and media literacy."

The course syllabus stated, "Course readings and assignments are designed to help students build deeper understandings of gender, race, ethnicity, ability, sexual orientation and class diversity in media. Communication theory helps explain how media representations impact human construction of meaning in social relationships, in both the US and throughout the world."

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Marxist Penn State associate professor wished for the deaths of Donald Trump, Jordan Peterson, Ben Shapiro, and more - TheBlaze

Candace Owens Says Jada Pinkett Has ‘Spiritually Annihilated’ Will Smith – Newsweek

Candace Owens has accused Jada Pinkett Smith of leaving her husband, Will Smith, "spiritually annihilated" as she shared her take on why she believes the actor slapped Chris Rock at Sunday's Oscars.

As has been well documented, Smith stunned Oscars viewers and attendees alike when he made his way onto the stage and struck Rock across the face in reaction to a joke he had made about Pinkett Smith.

"Jada, I love you. G.I. Jane 2, can't wait to see it," he said, referring to Pinkett Smith's close-cropped haircut. The actress has, in the past, publicly shared how her hair loss is due to alopecia.

While recounting the night's events on her Daily Wire show Candace on Tuesday, Owens said in a clip shared on her Instagram account: "When Chris Rock first makes the joke, Will laughs, meaning that he takes the joke as it was intendedlightly.

"But then he looks over and sees that his wife does not find the joke funny and he immediately goes from an amused attendee to a thug-like husband, defending the honor of his wife's hair."

After further analysis of the incident, the conservative commentator said: "Through all of these jokes and the rampant commentary that is being offered, there is conversation that is being neglecteda truer assessment of what we observed on that Oscars stage.

"For the first time, we saw the real Will Smith, not a Fresh Prince, not a survivor of a zombie apocalypse in I Am Legend, not a crime-fighting cop in Bad Boys or a Hancock superhero, but the real Will Smithan incredibly broken man and the residual product of a directionless society that is filled with them.

"The kind of society that produces men that look to their more domineering wives, with their tails planted firmly between their legs, for instruction on what and who they ought to be in every room."

Owens then went on to discuss Pinkett Smith's 2020 confession that she had a romantic relationship with singer August Alsina, a situation that she famously referred to as an "entanglement" on her show, Red Table Talk.

"The truth is that off the big screen, Will Smith has been spiritually annihilated by his wife," Owens said. "Don't forget, it was Jada Pinkett Smith who openly shared with the world how she cheated on her husband, remember? And with who? Her son's friend.

"Jada carried out an extramarital affair with a young man who was, at first, friends with her son. Then she dragged her puppy dog husband out onto the world stage and told the public while making him sit through it, listen to it and agree that she had the right to do what she did."

During the Red Table Talk special, Pinkett Smith and Smith said that the relationship with Alsina happened while they were on a break. Smith later revealed that he also sought affection outside of their marriage as their relationship became non-monogamous.

"The takeaway from this interview was that they together represented some newer, more progressive form of what it means to be in a marriage, which is to say, not being in a real marriage at all," Owens said.

She said: "Will Smith today is someone who should be pitiednot prosecuted in a courtroom, or even persecuted in the public eyebut pitied by every person who has the clarity to see how our society, as sponsored by the perversion of these Hollywood types, is falling apart.

"Will Smith is what [psychologist] Jordan Peterson cautions against. He's nothing more than a casualty in the great war against masculinity."

Continuing her assessment of Pinkett Smith, Owens went on to say why she believes Pinkett Smith would be suitable to star in a remake of the 1997 movie G.I. Jane, which originally starred Demi Moore.

She explained that the film "tells the story of a woman being integrated into the all-male space of the United States military. It is the inspired tale of a loss of one woman's femininity to meet the grueling physical demands of the more masculine environment that she finds herself in.

"And so though not perhaps the punchline that Chris Rock had intended, I have to agree that yes, Jada Pinkett would be the perfect individual to play that role in a remake.

"And not because of her hair, obviously, but because of her success in stripping her husband of any trace understanding of what it means to be a real man. And let me tell you, Will, it isn't slapping a man across the face because your wife tells you to.

"I'm sorry to say that real manhood is not won on a stage at the Oscars with a meaningless trophy. Rather, real manhood begins and ends in your own household.

"It starts with the first step of being able to accurately identify what a good man, what a good woman and what a good, meaningful relationship even is. And with that, we wish you luck Will on your real-life pursuit of happiness."

Newsweek has contacted representatives of Smith and Pinkett Smith for comment.

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Candace Owens Says Jada Pinkett Has 'Spiritually Annihilated' Will Smith - Newsweek