35 Burst results for "$1200"
A highlight from Ben Cowen's Ethereum Prediction WRONG?!
"What you'll notice is that every time Ethereum made a rally to new highs, it did not happen until Ethereum went home first. Home is the lower regression band, right? Go home, new highs. Go home, new highs. Go home, new highs. Still got to see ETH go home, my friends, and it hasn't happened yet, so I think that it will. The Ethereum bears are out in force, and predictions about Ethereum hitting new lows are coming fast and heavy. Even Ben Cohen, one of the brightest minds in the crypto world with top -notch analysis of the markets, is saying that it's all red candles coming for Ethereum. But even in his own words, he does not get every call correct. Well, in a recent video about Ethereum capitulation, I actually found two points that Ben used that are faulty arguments. In this video, I'm going to break those down for you. It's time to discover crypto. I'm sure there are many of you who are watching at this point who think I'm crazy to question the great mind of Ben Cohen. And some of you might have no idea what I'm even talking about. For those who have not seen his video, I highly recommend you go give it a watch. Ben gives some pretty bearish targets for Ethereum price using the Ethereum over Bitcoin chart. And while I actually agree with most everything he says, as well as his predictions about how far Ethereum could drop in price over the US dollar, there were two points that he used as support in this video that I believe missed the mark. If you are excited to hear what those two arguments are, make sure you take a second and smash that like button and subscribe to the channel. Now, I do have to say, over the last couple of months, I have found the charting that Ben and I do to be quite similar, and often find our predictions to be extremely close. Ben and I have both received backlash for our predictions that Bitcoin dominance would approach the area about 60%, that Cardano would see new lows, and that the altcoin space as a whole is just not ready for a significant bull run. Yet. The reason for this has a lot to do with the fact that at this point in the four year cycle, it's not time for alts or Ethereum to gain dominance on Bitcoin. But rather, with one more solid capitulation, crypto dominance should flow into Bitcoin. Ben Cohen is one of the best at breaking down former movements in the charts to show consistent trends that help predict future movements. That is why I was so surprised when I heard him make these two mistakes. What are they? In the video, Ben seeks to explain why Ethereum could be ready for a large crash, and heavily uses the Ethereum over Bitcoin chart to back up that theory. This chart is an amazing tool to help get a clearer picture of how Ethereum will perform along with the Ethereum over USD chart. But the problem is Ben uses the wrong time periods, and because he's using the wrong time periods, the crash he is predicting is much lower than it should be. Take a look at his first argument. One thing that we should discuss is this thing. And I told you guys a long time I thought this was going to break down to the downside. We said this I don't know how many times. And it looks like it is. It's already on a regular scale. It looks like this is breaking to the downside. Now the formation you're looking at is called a falling or descending wedge. More often than not, these patterns normally break to the upside. However, there are times that the support line is broken and price action falls. But this should not come as a surprise. It should not. We have talked about this likely outcome for a long time. It's the exact same thing that happened last cycle. And I distinctly remember people saying the same thing last cycle and saying, oh, well, you know, this is a bullish descending wedge that breaks to the upside. Right? Everyone said it. A lot of people are calling for it. And guess what? It broke down. It broke down. Okay? And it broke down pretty hard, in fact. I mean, there was not much relief in this drop. From this drop, this started on July, you know, mid -July. Did you watch those dates? He's comparing the falling wedge of October of 2023 to the falling wedge of July of 2018. Those dates are very important. It was almost down only with a few green days, but it was almost down only for two weeks straight. And then after two weeks, we got like a, you know, a few days of a pump from like August 3rd maybe to like August 6th or 7th. You know, four to five days of relief, followed by from August 7th to September 14th. And you're talking about another four to five weeks, basically, where it was just dropping every single day. Ben uses the drop of 2018 to compare a potential drop coming in the next couple of weeks. And this is where he thinks we will fall. In that range, I think it's much more likely that Ethereum eventually makes its way down to that 0 .03 to 0 .04 range, meaning it goes below 0 .04. Okay? Below 0 .04. Which from this level, it would mean Ethereum dropping another 31 % against Bitcoin. You know, I'm not talking about USD yet. We'll get to that later, right? But I'm talking about against Bitcoin, another 31%. And if it goes to 0 .035, which I think is a likely outcome, it's a 39 % drop. 39 % drop. This would be a wild crash for the Ethereum over Bitcoin chart. But if we repeat the falling wedge of 2018, then this is absolutely doable. The problem, though, is that using the falling wedge of 2018 is the wrong comparison to make to the one happening now in 2023. Why? Let's look at the charts ourselves. So these are the two time periods that Ben Cohen is using to compare current price action to former price action. And while it's tempting to believe this could be true, let's take a look at the dates of the time period. If we go back over to this first one, back in 2018, we're looking at the time between May of 2018 and about July of 2018. This is very important because, again, remember we want to heavily use the four -year cycle. This means that that price action actually doesn't correspond to 2023, but rather a cycle similar to 2022. Well, what happened in those time periods? Sure enough, just like it, we had a big crash right back here in May of 2022 into June, right? So it's not quite a perfect four -year cycle, but it's right along the same time period. What he's using right here is this falling wedge that broke out to the downside and then continued to crash further into September of 2018. The problem is it's the wrong falling wedge. In reality, we actually could look at another falling wedge pattern happening right here in the year 2019. Let's go ahead and just draw a little bit of what we see happening right here and I'll show you why. Instead of looking at a falling wedge of 2018, we really should be looking at this falling wedge right here back in the year 2019. You guys can see right here, similar to what we're doing in 2023, we did develop a nice falling wedge pattern with lower highs and lower lows that were constricting. And even right here in August of 2019, we broke below the support level, even came back up, if I were to zoom in for you, and turned that level back into resistance before we faked out, came back up into the formation, and ended up moving to the upside. This is actually a much better time comparison to the falling wedge that we're currently looking at right here as we're looking at the date of October. October 16th is actually the date we're shooting today. Now, again, we have fallen below the falling wedge and I heavily expect for us to move down possibly even as low as down to the .049 level. Bitcoin dominance will increase, Ethereum dominance will decrease, but to fall all the way down to .035 that Ben talks about in this video, that's a little strong and it's using the wrong falling wedge time period instead of using the one in 2019. But this wasn't the only faulty timeline. Let's take a look at mistake number two where Ben is comparing the distribution phases. You have your first initial move in 2016 and then a double top distribution phase in 2017 and 2018. So you have 2016, 2017, 2018. Here, we had 2020, 2021, 2022. I'm arguing that this move is similar to this one and that this distribution is similar to this one. Ben is using distribution phases to back up his prediction of the 39 % drop of Ethereum over Bitcoin. For those who might not know what a distribution phase is, the simple way of describing what you are seeing is that the price shoots up to a high before selling off and then makes one more push to a similar range to take profits one last time before selling off hard. 2017 and 2018 is a perfect example of this, but once again, we have a little bit of a timeline discrepancy that gives a faulty prediction. Let's go back to the charts. So let's identify the different peaks that Ben talks about in this video. These phases right here where we had the pre -bull market rally and then our distribution phase. And then he takes a look again and looks at our pre -bull market rally and then goes and puts these two peaks right here as our distribution phase. There's a problem with this, though. Let's look at the dates. And remember, we're talking about a similar four -year cycle type of scenario. This first pre -bull market rally, we're talking about March. You can even stretch it all the way to May of 2016, right? Well, let's move it over here. We're talking about a little bit late, but September is the first time in 2020. You also can look back here at March. We're really kind of looking at this as this being the similar time period of our pre -bull market rally. We had one extra one that happened in January that probably could kind of correspond to the one that happens in March of 2020. This is a good call. I have no problem with this part of the comparison. Where I do have a problem, though, is when we move up into this distribution phase. Let's look at the date right here. June 12th of 2017. The second one we're looking at in about January of 2018. These do not correspond to the two peaks that Ben uses in his video. In reality, we actually are going to see this peak right here. Again, June of 17 corresponds right here with May of 2021. Our second peak in the distribution phase happening right here in January of 2018 will correspond with December of 2021 when Ethereum hit an all -time high. These marks are not the same. In reality, the second distribution phase that Ben talks about, or in this case it looks like a third one, happens in September of 2022. Now, this isn't going to be a perfect timeline, but that has a lot more to do actually with a dip all the way down here before the falling wedge starts. This little dip right here in May of 18 actually should correspond right here to May of 2022. Now, this might seem confusing, but I'll explain why this makes sense. In September of 2022, this is the mark where Ethereum flipped from being a proof -of -work coin to a proof -of -stake coin, so the charts of the four -year cycle have completely changed. Instead of back of June and July in 2018 leading to a massive crash, Ethereum flipped the script where the June -July dates actually led into a rally. This further backs up the point we made before that we actually see the falling wedge being the perfect time period back in 2019 as it is today in 2023. Ethereum flipped the script and instead of crashing, actually became bullish during this time period in the four -year cycle. Now, with all this being said, these are just two of the large arguments that Ben makes throughout his video. He goes on to discuss a sub $1200 Ethereum and gives amazing evidence for it. It actually changed my original prediction of closer to a $1300 Ethereum to where I now agree with his prediction. But it's because I agree with his Ethereum prediction and also agree with his Bitcoin prediction of dropping below $23 ,000 as well that it further backs up the point that the Ethereum over Bitcoin chart will not fall to the levels of .035 that Ben discusses in the video. If we were to see the Ethereum over Bitcoin chart fall to 39 % as Ben talks about in his video, we have to correlate this to what would happen in the Ethereum price action. For this to be the case, Bitcoin would need to stay exactly where it is right now at the time of shooting at about $28 ,500 and Ethereum would drop 39 % in its price action which actually would take the price below Ben's target all the way down to $979 give or take. But that wasn't Ben's prediction. Ben actually predicts a level right here below $1200 somewhere in the range about $1150 all the way down to $1100. This right here is why his prediction doesn't necessarily line up. But even more so, with his prediction that Bitcoin more than likely is going to be dropping below $23 ,000 coming down into maybe this box right here at least, this would be a drop of Bitcoin price over 20%. Well, going back to Ethereum, this means we wouldn't just stop right here in this box dropping 39%. We could drop even further and this would be marks of brand new lows. That's not the prediction that Ben made, but if we hold to his prediction on the ETH over Bitcoin chart of seeing over a 39 % drop in this chart, we're going to also have to predict if Bitcoin drops down below $23 ,000, Ethereum is going to go much lower than his prediction of $1100. So there you have it. Ben, if you are watching this video and disagree with my take, I would absolutely love to have you come on Discover Crypto and explain why your points do in fact still stand. For the rest of you, let me know down below what your predictions are for both Bitcoin and Ethereum and what you would like to see videos on in the future. That's all I have for you in this one, but make sure on your way out to smash that like button and make sure you are subscribed to the channel for more crypto education content just like this. We will see you at the top. Receive compensation of at least $20 per hour at select stations plus benefits and a sign -on bonus of $2 ,000 from participating DSPs if you apply now. No delivery experience required. Must be 21 years or older. Terms apply. Apply today at Amazon .com forward slash driver. That's Amazon .com forward slash driver.
A highlight from 1428: Bitcoin Will Soar 18x to $500,000 - Winklevoss Twins
"And here's your prescription. I know just the pharmacy to get this filled. Who are you? A pharmacy benefit manager. A middleman your insurer uses to decide which medicines you can get, what you pay, and sometimes even which pharmacy you should go to. Why can't I go to a pharmacy in my neighborhood? Because I make more money when you go to a pharmacy I own. No one should stand between you and your medicine. Visit PHRMA .org slash middleman to learn more. Paid for by pharma. In today's show I'm gonna be breaking down the latest Bitcoin technical analysis as Bitcoin hits two -week low on the back of US inflation data. That's right, I'm also gonna be sharing with you an indicator suggesting the Bitcoin price is likely to hit. $48 ,000 next as a short -term target. And quoting Max Kaiser, since they made Bitcoin legal tender, we wanted to live in the country that had Bitcoin as legal tender because we were always on the vanguard and trying to push the envelope and be where the action is for Bitcoin. And so that's where it is. The Bitcoin Citadel is El Salvador and El Salvador is kind of the capital of Bitcoin per H. Also in today's show, Bitcoin lightning network growth jumps 1200 % in just two years. I'm also going to be sharing with you the latest update with the former FTX CEO Sam Bankman -Fried as the trial commenced today. Day six, some of the highlights. Bankman -Fried aspired to become US president, says Caroline Ellison. Also ex -girlfriend Caroline and Bankman -Fried conspired to keep Bitcoin under $20 ,000 by selling customer BTC. Also Caroline Ellison admits that Sam bribed Chinese officials with a hundred million dollars to unfreeze their assets, purposely tied to scam Saudi investors in the final days of FTX and intentionally tried to sic regulators on Binance to destroy his competition. We're also going to be discussing breaking news. JP Morgan debuts tokenization platform with BlackRock amongst the key clients. I'll be breaking down this report and speaking of BlackRock, Arthur Hayes issues a BlackRock warning says the multi -trillion dollar giant may gain the power to change Bitcoin. We're also going to be discussing Arthur Hayes's target of a million dollars per Bitcoin by the year 2026. Also breaking news, Winklevoss twins secretly withdrew $280 million in assets before their crypto firm collapse, Gemini Earn. I'm also going to be sharing with you their infamous case for a $500 ,000 Bitcoin price action. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show.
A highlight from The Death Toll from Saturdays Massacre Tops 1200
"Welcome back, America. I'm Hugh Hewitt. Avi Meyer is editor -in -chief of The Jerusalem Post. If you want to read it, go to jpost .com. Good morning, Avi, from Israel. Thank you for joining me this morning. Thank you for having me, Hugh. First, my condolences to you and to everyone in your family, among your friends and throughout the state of Israel. I'm stunned this morning. The death toll has gone up to twelve hundred. The wounded are at four thousand. The horror just keeps growing. And I've covered massacres and terrorism since I've been on the air in 1990. I've never had this kind of reaction because it was an army of monsters that marched into Israel. I had no idea of the depth of depravity in Gaza. Do you think that Israel know how deep the evil was? I mean, look, it's certainly not news to us that Hamas is a genocidal, murderous, terrorist organization that will stop at nothing to murder Jews. But what we saw on display on Saturday was unlike anything we'd ever witnessed before. This was an ISIS -like organization on display beheading babies, raping women, executing the elderly in the street, kidnapping entire families that are currently being held in the Gaza Strip. The carnage is unthinkable. And the fact that we've reached twelve hundred people and it may even climb further is just an indication of how brutal, how this barbaric organization is in its quest to destroy as many Jewish lives as possible. So what is the resolve in Israel vis -a -vis Hamas? And by the way, I think of Hamas, Hezbollah and Iran as all one monster with three heads. And I'm not sure that the president spoke clearly yesterday because he didn't name Iran or Hezbollah. I just named Hamas. What is the level of resolve to deal with at least Hamas and maybe the other two right now? Well, if the state of Israel is strong, we are a country in shock and a country in mourning, but we will rally and we will respond. At the moment, the task is twofold. First, to recover, restore those hostages, bring them home. Again, they include the elderly, men, women and children, entire families, mothers and their children. Bring them all home as safely and as quickly as possible, while at the same time dealing Hamas a blow it will never forget. There are calls in Israel to cause the Hamas leadership to collapse, to basically bring them down and restore the leadership of that territory to the Palestinian authority or another leadership that will arise. Up until now, the sense in Israel has been that the devil we know, meaning Hamas, is better than the devil we don't know, right? Because we don't know what might arise in Gaza after Hamas is brought down. That is no longer the consensus in Israel. There are many who feel that no matter what happens after, there's nothing that could possibly be worse than the barbarism that we saw on display on Saturday and Hamas must be brought down. No, I don't know how you get word. As you said, ISIS has always sort of defined the bottom and now Hamas is defined. We fell off the floor with Hamas and the decapitation of babies and the execution of elderly and the parading of hostages. It's just a genocidal group. Do you believe that war is imminent on the northern front? Because it's gone from a shell here and a shell there to have a couple of missiles, to more missiles. What do you think, Avi? Well, there was an incident earlier today in which a rocket -propelled launch, actually a Saturday anti -tank missile, was launched at an Israeli vehicle on the Israeli side of the border. Hezbollah has claimed responsibility for that incident. That has the potential for causing a dramatic escalation on the north. That would be a cataclysmic event. You have to understand that Hezbollah is not Hamas. They are essentially an army within Lebanon. They have 150 ,000 not rockets but rather missiles, many of them guided missiles that could hit very sensitive infrastructure in the depth of Israel. Of course, it is an Iranian terror proxy. It's been funded by Iran all these years as, of course, has Hamas as well. That is something that many Israelis would like to avoid because Israel could indeed be in extremely deep peril if that were to happen. There are many Israelis who are extremely grateful to the American people for having sent an aircraft carrier group to the eastern Mediterranean to show strength, to show a sense of deterrence and prevent Iran and its proxy Hezbollah from getting involved in this conflict at this time. Dr. Oren is on this show weekly and he put out yesterday thanking President Biden in a tweet saying that was great. I am not a fan of President Biden not naming Hezbollah because I don't know if you can deter people if you don't name Iran in Hezbollah. So that's my critique. It's not yours. Let me ask you, Avi, I expected to wake up to news of a unity government. Why isn't that in place yet? Well, many Israelis are asking the same question, as did we in our editorial just this morning. We are hopeful that a unity government will arise. It is long overdue.
A highlight from Pro Day Trader Teaches Me How To Make $100/Day
"What's up Banta fam? Welcome, welcome, welcome to a live trading stream. I am joined here today by Follis, one of the best traders that I've seen, primarily streams across Twitch. And he's also starting to gain a fair bit of traction across other platforms like Twitter and YouTube. So I thought today would be an amazing time for you to deep dive a little bit into Follis's trading style and maybe take some trades live. I don't know where this stream is going to take us. We're going to run it until, well, we'll see based on the market. We're going to run it until we see something or yeah, I guess we're just going to be a super chill stream. But thank you for joining Follis. If you just want to maybe introduce yourself to the audience, kind of explain who you are. You're a new face, sir. New face, yeah, baby. I'm class of 2021. So I haven't been around too long, to be fair. Yeah, I'm Follis, as Miles said. I've been trading for just over two years. And yeah, as he mentioned, I kind of got into the live trading, the Twitch trading side of things recently. And that's a lot of fun. I'll typically throw a couple of grand into an account and see how high we can run it up or run it down by taking trades live. So that's typically quite fun. I'm not sure how many trades we'll get to take today, but we can definitely have a look around. Market's been pretty dead as of late. But yeah, you can see there my Twitch channel, we just hit a year. So that's been a lot of fun. Yeah, live streaming is a lot of fun. It's something that I definitely recommend. Like even the guys in my Discord, we try and do live trading sessions whenever we can, because there's something about trading with an audience. You don't even have to trade big size. There's just something about trading with an audience, I think, that forces you to be a little bit more accountable, a little bit more responsible sometimes with the setups you take. I know for a fact, when I'm trading with 200 people watching me, I am way more risk averse. And that has upside and downside. Sometimes I'll find myself getting out of a trade too early, where if I was on my own, I would stay in that trade longer. Because, you know, the idea of losing money on stream with people watching you is not a good, you know, it's an ego thing. You can't take that well, you know. Your results are no joke though, like going through your Twitter, and you know, of course, we often want to post the good ones. But what I noticed through watching the YouTube and the Twitch and stuff is like, you're relatively consistent, like, you know, 28 % here, 298 % here, like, yeah, pretty much even at the club in Singapore, you'd open a huge position and you hit it nail like on their head. That was funny. That was funny. Yeah, I won't take credit for that. I was copy trading one of the traders I was with there, a guy called Miz, who's one of the best traders I know, but he said this thing is going to drop and I was inclined to believe him. So yeah, opened up a short so I could get a screenshot and about 30 minutes later, I was up like 1200 bucks. So yeah. You're in the club in Singapore, because we met at the conference. Wanted to get wanted to get a screenshot of me trading on the on the 40 something floor. And then yeah, this was like two hours later when we got back to the apartment. So wasn't too bad. Yeah.
A highlight from 674:JPEX Meltdown, FTXs Family Feud, and Global Regulatory Squeeze
"Dispatch, this is Mindy at ME Flow. You know, you don't have to put off fixing plumbing problems in your home anymore. I mean, you could just ignore that clogged drain. Or visit MEFlow .com to take care of your plumbing problems. ME Flow, License 271 -001 -2450. Dispatch, this is Mindy at ME Flow. Coming to terms with a dying AC unit is tough. I know, because I've been there. I tried to get my old unit to last just one more summer, and boy did I pay the price. Longest summer of my life. So trust me, if you need to replace your AC, just call ME Flow. My team is on time, total pros, and can take care of any type of AC replacement. Visit MEFlow .com to schedule your free estimate. ME Flow. One call, one company. Well, I gotta get back to it. Dispatch, this is Mindy. Go ahead. Good evening, and welcome to the Crypto Overnighter. I'm Nickademus, and I will be your host as we take a look at the latest cryptocurrency news and analysis. So sit back, relax, and let's get started. And remember, none of this is financial advice. And it's 10pm Pacific on Tuesday, September 19th, 2023. Welcome back to the Crypto Overnighter, where we have no sponsors, no hidden agendas, and no BS. But we do have the news, so let's talk about that. Tonight, we're diving into Hong Kong's JPEG scandal, which has rocked the crypto world and prompted regulatory crackdowns. Across the pond, the UK is sharpening its legal tools to seize crypto assets. But at what cost to financial freedom? In a surprising twist, FTX is suing the parents of its founder, Sam Bankman -Fried, for alleged misappropriation of funds. Meanwhile, the New York Department of Financial Services is tightening its grip on crypto firms with new guidelines. Down in Thailand, a new tax policy could discourage crypto trading by residents, and over in Malta, the blockchain island is aligning itself with new European crypto regulations. Since around the beginning of the year, we started bringing stories about Hong Kong's re -emergence into the world of crypto. We watched China turn a blind eye as Hong Kong politicians and officials appeared to soften their stance against crypto. We've watched as policies have been announced and licenses granted. Sadly, it seems Hong Kong's brand new crypto landscape is in turmoil thanks to the JPEG scandal. The Hong Kong police have arrested eight individuals in connection with the alleged fraud. The police received 1 ,641 complaints involving assets around HK $1 .19 billion. The authorities also seized cash, jewelry, computers, and phones worth about HK $8 million. Additionally, HK $15 million in relevant bank accounts were frozen, along with properties worth about HK $44 million. Hong Kong lawmaker Duncan Chu stated that the city is running its second round of consultation for stablecoin issuance guidelines. He hopes that regulatory guidelines for stablecoin issuers will be released by the middle of next year. This comes as Hong Kong aims to develop itself into a Web3 hub. In June, Hong Kong officially started its crypto licensing regime, allowing licensed exchanges to offer crypto trading services. The JPEG scandal is a glaring example of why regulation is both a necessity and a double -edged sword in the world of crypto. Hong Kong, unlike its hulking big brother China, has been more welcoming to crypto firms. Yet, the JPEG case shows that this openness can be exploited, and the government's response? Tighten the news. Hong Kong's chief executive announced increased efforts to inform investors to only use platforms with Securities and Futures Commission licenses. The JPEG case exposed the vulnerabilities in Hong Kong's crypto market, and it's clear that the government is now in damage control mode. The question is, will this lead to overregulation, thereby stifling innovation, or will it strike a balance, ensuring both growth and security? Either way, it's a critical moment for crypto in Hong Kong, and by extension for the global crypto community. Now before we move on, remember if you find this content valuable, hit that follow button and turn on notifications. Now from Hong Kong's regulatory puzzle, we hop over to the UK. The British are writing new laws that could redefine your notion of financial freedom. Is this an evolution or a step back? Let's find out. The UK is ramping up its efforts to combat crypto -related crimes. A new bill, known as the Economic Crime and Corporate Transparency Bill, is set to be enacted later this year. This legislation aims to empower local authorities with the ability to freeze and seize crypto assets tied to criminal activities more efficiently. The bill removes the need for an arrest or conviction before assets can be frozen. This is a significant change from the current laws. The bill also introduces new civil forfeiture powers. These allow assets to be seized even if a person is not convicted of a criminal offense. This is particularly useful in cases where the subject of the investigation is unlikely to face justice in the UK. The UK plans to spend $124 million to fight economic crimes, a 50 % increase compared to 2020. The bill has moved to its final stages in parliament and is awaiting final approval. Okay, where do I begin? The UK's new bill is a double -edged sword. On the one hand, it's a powerful tool for law enforcement. It can prevent criminals from moving their assets offshore before they're seized. But on the flip side, this could be a slippery slope towards more centralized control over crypto assets. The bill's broad powers could potentially be misused, leading to unjust seizures. Moreover, the UK's aggressive stance might push crypto activities to jurisdictions with lax regulations. This could make it even more challenging for global authorities to track illicit activities. The bill also raises questions about financial privacy. How much power should a government have to freeze and seize assets without a conviction? The UK's move is a clear signal that governments are becoming increasingly uncomfortable with the decentralized nature of cryptocurrencies. While the bill aims to fight economic crimes, it also sets a precedent that could be followed by other countries. This could lead to a global tightening of regulations around cryptocurrencies, which are something we should all be wary of. How you think seizing crypto assets without a conviction is shocking? Hold your horses. FTX is suing the parents of its founder. You heard that right. It's a family feud worth millions, and it raises some dark questions about ethics in the crypto world. Don't go anywhere. So that's gotta be a rough day. The day the company you founded sues the very people who gave you life. But that's what's happening as FTX is suing the parents of its founder, Sam Bankman Fried. The lawsuit aims to recover millions in quote, fraudulently transferred and misappropriated funds. Both parents, Joseph Bankman and Barbara Fried, are accused of exploiting their influence within FTX to enrich themselves. The lawsuit alleges that the parents received millions from FTX for personal benefit and their chosen causes. For instance, they received over $18 .9 million for a property in the Bahamas known as Blue Water. The parents are also accused of siphoning off money for lavish expenses like $1200 per night hotel stays. The filing further claims that Joseph Bankman had a unique understanding of FTX's complex corporate structure, which he used to facilitate a $10 million cash gift to himself and Fried. Barbara Fried was the point person for SPF's political contribution strategy and co -founded a political action committee that received tens of millions of dollars from FTX. The lawsuit also says that the parents were involved in FTX's business cradle to grave. Joseph Bankman is described as a de facto officer of FTX group with broad authority to make decisions. Barbara Fried was actively involved in FTX's political donations. The lawsuit against SPF's parents shines a glaring spotlight on the darker aspects of the crypto world. The case raises questions about the ethical boundaries within businesses in the crypto space. The parents, both law professors, should have known better. Their academic credentials add a veneer of legitimacy, making the allegations even more shocking. The involvement of Stanford law professors in such a scandal reminds us that even those in towers can be lured by the siren call of easy crypto riches. The lawsuit paints the picture of a family that used their intellectual prowess, not for the betterment of society, but for personal gain. It's easy to get caught up in the promise of decentralization and financial freedom, but this lawsuit shows that the same old vices, greed, corruption, and exploitation, can infiltrate even the most modern of financial systems. It's as I said at the time, the crime had nothing to do with crypto and everything to do with greed. Intrigued by the drama at FTX? Make sure to like this episode and share it. But now, let's switch gears. If you thought family drama was complex, try navigating New York's new crypto guidelines. The NYDFS is tightening the leash on crypto firms. Is it protection or overreach? We're diving in.
A highlight from The Made-up Disease of Syndrome K
"Hello everybody, the Xfinity 10G network was made for streaming giving you an incredible viewing experience now You can stream all of your favorite live sports shows and movies with way less buffering freezing and lagging Thanks to the next generation Xfinity 10G network You get a reliable connection so you can sit back relax and enjoy your favorite entertainment Get way more into what you're into when you stream on the Xfinity 10G network learn more at Xfinity .com Hey everybody want to talk to you quickly about our old friends from Squarespace Specifically you want to talk about fluid engine a next -generation website design system from Squarespace It's never been easier for anyone to unlock unbreakable creativity than with fluid engine You start with the best -in -class website template and then you can customize every design detail with reimagined Drag -and -drop technology for desktop or mobile stretch your imagination online with fluid engine Just go to squarespace .com Slash stuff for a free trial and when you're ready to launch use our offer code stuff to save 10 % off your first purchase of a website or domain Welcome to stuff you should know a production of I heart radio Hey and welcome to the podcast I'm Josh and Chuck's here too and Jerry's here too and this is stuff you should know the podcast That's right with a Sort of a lesser -known story, I think I think probably most people know thanks to Steven Spielberg the the story of oscar schindler saving about 1200 Jews from the Nazis, but this is a smaller story.
"$1200" Discussed on WTOP
"Even utilities. I got $1200 a year in benefits. Maybe it can help you. Your with Dean Lane on WTOP. Tuesday morning, August 22. 4 -0 -8 in the morning on WTOP News. Precision AC tune -up for only $59 .00. Probably weather good on the 8th. Rich hunters in the WTOP Traffic Center. Alright Dean, if you're traveling on inbound Suitland Parkway. The work zone begins as you approach Naylor Road goes through Alabama Avenue. Single file left gets you by on the outbound side. The work zone begins near Stanton Road and extends to Alabama Avenue. Also down the one single lane to the left. Milling and paving according to our listeners who just be aware it's a in case you missed it they did pick up the work on the Bellway in Silver Spring on the interloop between Colesville Road and the Northwest Branch Bridge and for now the rest of the Bellways actually in pretty good shape no major issues anyway so that's good news. Now you're if traveling on I -95 the Baltimore Washington Parkway free and clear to 70 South making a trip from Frederick down the both loops of the Bellway you're in good shape however northbound side they are still working as you head north of the Beltway past old Georgetown Road toward the point where you merge with the spur again single file left by gets you that work zone and again you have to use the flyover to join the main line of 270 to continue up toward Montrose Road as a result of that work. Thinking about an electric car plug into fitsmall .com and find your electric ride today check out the Hyundai IONIQ VW ID .4 or the Toyota BZ4X at fitsmall .com. That's the Fitsway. Rich
A highlight from Bitcoin ETF IMMINENT! ($Trillions Coming)
"The best time to get a great deal on a Jeep SUV is now during the Summer of Jeep event. Visit jeep .com or your local Jeep brand dealer to find the perfect Jeep SUV for you. Hurry in and make this the Summer of Jeep. Right now during the Summer of Jeep, purchasing at 10 % below MSRP on the 2023 Jeep Compass Limited 4x4 or Renegade Latitude 4x4. Not compatible with lease offers or with any other consumer incentive offers. Contact dealer for details. Residency restrictions apply. Take retail delivery by 731 -23. Jeep is a registered trademark. Have you heard of Instacart Business? It helps me take on Mondays with office supplies and snacks delivered in as fast as one hour. And with access to over 1200 retail brands, I can get my team's favorites, even their break room coffee. Get delivery that moves as fast as you do. Sign up for Instacart Business and for a limited time get free delivery and 2 % credit back for one year with a free Instacart Plus trial. Visit instacart .com business to redeem. Instacart Plus trial for new users while supplies last. Plan renews at $99 per year. 250 credit back minimum. Excludes alcohol term supply.
A highlight from 1200. Amazon Cancels Recession?Crypto Weekend Update
"Quite a bit more happening in the markets, and of course, a lot of what we're seeing could indicate that we are maybe exiting a recession or maybe the recession never happened. Today we're going to break all this down for you. There's a lot happening not only in the markets, but also how this may play out for crypto. My name is Paul Baron. Welcome back into Tech Path. Get into a couple of things here. Just as a reminder, if you guys would like to kind of front -run these opportunities, one of the tools we use, of course, is our Crypto Power Index. One of the things you can do is jump over there, join. It's very simple to use, and basically it gives you a full lineup of the top cryptocurrencies that we currently index. We're doing, I think, 43 right now on the token list. We'd get into Metaverse Gaming. You can also track retail investment sentiment, and it's a very unique measuring tool for how you guys can potentially look at this as a tool to get in and start to analyze projects a little bit deeper. We provide you, of course, the CPI dashboards, which you'll get a chance to see today. We'll show you some stuff there. Technical analysis, we drop those into our mastermind groups and also into our CPI memberships, and video analysis. That's usually of stuff that I do that is separate from what our YouTube channel is. So make sure and check that out. Just grab the link down below. I want to get into this first story today. And this one is cryptocurrencies navigating July's economic waves. Is there a soft lending scenario kind of playing out? And I think this is the question that everybody is asking right now, and a lot of people have said, okay, maybe there is an adjustment here. And even to a certain extent, when you look at, even my opinion, when we have kind of been analyzing these things over the past two years, is this year was a very significant one. And this summer, in fact, was the one that we were most concerned with. And now with what is going to be a little bit more of a flat position on the interest rate side of things, the question is, will we continue to see CPI and, you know, inflation drop? A couple of things from here. July cryptocurrency trends seem to mirror the larger economic sentiment surrounding the prospects of a soft landing in the economy. If incoming economic data continue to support the soft landing thesis, year -to -date rebound and major token valuations could continue, and you've got to remember that Bitcoin is up almost double since the beginning of the year. The Fed is basically saying no longer predicting a recession in their forecast. Now, I don't really like that when the Fed gets in here and starts predicting things, because the last time that happened was during the 2008 recession and it wasn't necessarily an on -point prediction. But the point is, is that there's many people that are looking into that. And then you have to look at the earnings and what has been happening in the traditional security side. I want to jump over to Squawk Box real quick and play this clip for you. Listen in. Thanks. We want to get over to Dom Chu. He's got a look at this morning's pre -market movers. And Dom, you're going to run us through some of the earnings? Yes. Yes, Becky, the two big ones, right? It's Apple and Amazon moving in opposite directions. So it's the two most consequential earnings reports of the season, arguably both in mega cap tech slash tech related. So we'll start with Apple. That stock is down by almost 2 % right now. So it's off the pre -market or after market lows, if you will. Those things, those shares now down 2%, a quarter million shares of volume. The iPhone and app services giant actually reported better than expected quarterly profits and revenues, but the revenues did slide for the third straight quarter. And the company did suggest that the trend could continue into this most current period driven by slowing sales of hardware products like the all important iPhone, also iPads, Mac computers and others. But in a brighter spot, Apple services business accelerated growth from the prior quarter. But on balance, we're talking about a down 2 % move given all of that. But the big influence on any outperformance that we see that Andrew pointed out in the S &P or the NASDAQ early on is going to be Amazon, which is up 9 % right now, nearly a million shares of pre -market volume. The e -commerce and cloud computing giant reported profits and revenues at both top estimates. For profits, it was the biggest beat since the fourth quarter of 2020, and it was driven in large part by cost -cutting efforts as well as better than expected growth at Amazon Web Services. Amazon also gave a more bullish current quarter revenue forecast as well. So Amazon up 9%. And we're going to end with a massive... All right. So as you can see, Amazon and Apple kind of going in different directions here. I was tweeting this out the other night here, but you can kind of see here, right here, Amazon operating reported income $77 .7 billion. This is 62 % above expectations. This is insane for them to be able to perform this way. And did they just cancel the recession? I mean, those are the kind of performance numbers, but at the same time, there's been some adjustment there in what Amazon has been doing from a fiscal standpoint that has made some of these performances be pretty significant. I was tweeting this out, just two no's from earnings. Amazon seems to think the bull run has begun and Apple is looking for a new way to screw up the iPhone with declining sales. This also shows the tail of the tape when it comes to pro NFT and not pro NFT. And of course that is Apple being against NFTs and really the evolution of the creator economy and what that might look like in gaming and all those kinds of things. And then you've got Amazon on the other hand that is starting to look at this as a viable opportunity, especially if you look at not only the gaming side of things for Amazon, but also the NFT marketplace that is brewing for Amazon. So I have a feeling that they are in position, and of course, Apple is in a position now where they're fighting against a lot more new devices and they've already got this pressure coming at them from the creator economy, which is really the lifeblood of their services business, which is the only thing that was up. So there's a lot there to kind of break down in terms of the future.
A highlight from Quiet markets as stock market turns down
"Hello and welcome to Ledger Cast, my name is Brian Krosgaard. Here back today, it's been three weeks since I've talked to you. Josh Olswich, how you doing? Good. For all those people who didn't know who Brian was, this is Brian. Josh did a poll, and then everybody answered, who is Brian? Brian is Ledger, Ledger is Brian. Same thing. Just my alternate personality, I guess. Yeah, it's been a while, man. I was on vacation and forgot to tell you, and then we didn't record. No, it's all good. I think the markets have also been on vacation, yeah, for sure. Well, it's good to be back with you. Except the S &P, that's not been on vacation, that's for sure. S &P is down this week for the first time in quite a while, especially of that magnitude. Imagine the panic, they just said, they just said, recession is off the table, and we don't. That's how you know it's beginning. Kramer told me, literally, last night. Biggest down week since March of 2023, and... Kramer said, he said, go all in, up here. Oh, Kramer said that. Yeah, is my audio messed up? No. We need to ask Chad how my audio is. I think your audio sounds good. I think you secretly tweak my audio to be shittier than yours, that way you just sound better. That's what I think. I'm sometimes incompetent with these things, so... That's okay. Yeah, but Kramer literally, yesterday or the day before, said, no recession. And then we've got, I don't know if it's JPM, I forget who it was today. Just came out, some analyst, and said, you know, recession, yeah, JPM no longer expects a recession. I haven't talked to anybody all day, gotta warm up the instrument. The instrument. No longer expects recession, and we fall 500, not 500 points, but 50 points. Anyway, it's just funny how that works. National news talking about Dow points. Well, Dow was up, what, 13 days in a row, that was like last week. That's last week's news. Somebody check on Johnny. Is he a big Dow enjoyer? He has been a big Dow enjoyer. Let's see, I got it right here. Yeah, it was going for a record. The thing is, a lot of these charts all kind of look the same. Yeah, but overall, they still look great. They look fine, they look perfectly fine. Oh my gosh, resistance right at the squiggle line. Josh, it knew. Literally to the penny, the squiggle to the penny. I didn't move that. This audience knows I did not move that. I'm just saying. Invalidation was soon. Yeah. But we've had people bearish since the beginning of the year on Legacy. They're still bearish. They're adding, right? They're happy to see us down. I think we do go lower, but I don't think we go as low as they think we're going to go. Anyway, the sentiment to me feels extremely bearish. Really? Still on Legacy. Crypto is like dumpster fire, but Legacy, right? People bearish. still Justifiably so based on data, but the prices do not. You can talk about macro all you want. You can have a perfect thesis. You can pick all your data, line it all up, and it's not going to matter. Prices are just going to do what they're going to do. Eventually, it might come back into sync. Eventually, oil might go higher and inflation might go higher and markets might go lower and the Fed keep raising, blah, blah, blah, right? We did go higher than I thought we were going to go. Might not happen right now. I was all for 4 ,300 on the S &P back to this 2022 level. Honestly, we just ripped right through that, but I do think that's a good spot to retest back to 4 ,300. Do you know who was one of the few bulls since the beginning of the year? Tom Lee. Oh, he's always bullish, so he doesn't count. The answer is me. That's the answer. Josh has been bullish. I have to expect people to just be sick of looking at this chart of the S &P that I've literally for months. It hasn't changed. What do you know? Not only did we go to the squiggle to the penny, but we went to the yearly pivot to the penny. Oh, no, really? We went for pivots. Typically, when you're rising, wedging, bear -diving into a pivot, that's not usually a great sign for continuation. There was the inverted head and shoulders thing that we completed effectively. We hit the target. It's pretty textbook, honestly, unless you are trying to go truly textbook. Then it's not. Yeah, it's not perfect -perfect, but we did get a series of higher lows. It meets the basic criteria. It broke out very strongly at the neckline, arguably. Now, RSI is not looking so hot. Collectively, what's the cloud look like? The cloud likes 4 ,400, let's say. The downside? That's not that far. Yeah, OK, 4 ,360, 4 ,360, whatever that is. Still not bad. But yeah, CHOP, I think, is on the table for sure. Well, I think it would be healthy to not have the stock market not go into price exploration right now. Jungle Teemo support. I read the chat. Ledger, he's too high. I read the chat. I have the chat up. Also, by the way, Jungle Teemo support sounds miserable for people who play League of Legends anyway. Sorry, what were you saying? I got sidetracked by that name. It's just too funny. I'm just saying I think CHOP is a reasonably good thing. I feel like it'd be a little strange if you balanced a stock market and price exploration with an economy that is clearly pretending to be CHOP. The economy does not feel like it's at an all -time high. I'd agree. I feel like there's a lot of uncertainty in the economy. Yeah, the US credit downgrade, which dependent on your political affiliation, you may take it more seriously one way or the other. Wait a second. You got to explain that to me. Are people politicizing the credit facilities as partisan? I feel as though it's a partisan issue because the White House is saying, why do this now? Everything's fine. Jobs are fine. The economy's fine. Why downgrade us here? And then everybody else is like, what are you talking about? You guys are issuing debt like crazy. And it's only going to get worse. Your projections keep going higher. You're supposedly going to be issuing a trillion dollars in debt the rest of this year. That's a scary chart. So you're either on the MMT side where you're like, you know what? Everything's going to be fine. We've got the power of the printing press. Who cares? Or you're on the responsible fiscal path people side where that's just like, this is not sustainable. We're at what? $33 trillion almost? $33 trillion by July? Gosh. Another year. Another failure. $33K by July. How did we not hit that? We were so close. We were a few percentage points off, I think. We were super close, though. Anyway, US debt's out of control. But yeah, I think it feels like a partisan issue. I don't know about Fitch and their political leanings or anything. I'm just saying that's what it feels like to me. Because you've got the left. People on the left just sort of ignoring it. Meanwhile, bond issuance is just out of control. And it's just going to continue. We'll find out. I don't know enough about bonds to know why people are freaking out about the 30 year. Other than it's going higher. And it looks like it wants to go higher. It does look like it wants to go higher. This is a monthly chart that I'm looking at. I guess the question is... Strong weekly breakout of consolidation. Yeah, it looks like a version of the S &P chart. And it looks like Costco. It looks like QQQ. It looks like a lot of these charts. I guess the question is, who's going to buy our debt? Other than us. If nobody wants it. They still like our debt. We'll see. Jobs were good though. The fake jobs numbers came up. They were good. They were good. Down to 3 .5 % I think. Is that right? I think so. I don't know. I saw Canada's unemployment numbers were bad. Anyway. 5 .5%. This yield inversion stuff too. All the doomers pointing to it. I guess it matters eventually. But not now. It doesn't matter in the moment. It might matter eventually. It doesn't seem to matter in the moment. I saw that we're up to a 45 or 50 % chance of another quarter point hike. But the market is pricing now. Do you see that? 55 %? Is that what you said? 45 or 50 % chance of another quarter point hike. I don't think so. I thought it was at like 25%. Oh. Let me just look real quick. Look, if jobs aren't... If people aren't losing jobs, and if inflation is still above their target, yeah, they're probably going to keep raising. Now we have another... We have two CPI prints between now and the next meeting. And I think we have another jobs print. But maybe not. Between now and the next meeting. We should have one more jobs print. I only see it at a 10 % chance. Oh, good. Well, I'd like them to stop. Why would you like them to stop? Well, the market really hasn't had time to absorb what's already occurred. And I think you're probably not going to make a massive impact on inflation if you just stay flat on rates for like the next year and let the market absorb stuff. Versus if you just keep raising and then you find out you overcorrected and instead you have to start cutting immediately versus having the flexibility to do nothing for a while. From a real world perspective debt debt is very expensive right now. To finance anything right now is hard. Credit card is all time high. Credit card delinquency is I think higher than 2008. Auto loan delinquency is probably higher than 2008. Auto loan 48 months APYs or whatever. Extremely high. But you said auto loan delinquencies are high? Yeah. That shouldn't be too surprising. You remember that meme video that was going around about all the people with $1200 car payments? No. That was a year ago. People were talking about how much their car payments are. Well now it's Airbnb real estate stuff. There are so many pockets of problems any one of those exploding could be the one that sets off Airbnb real estate. So you're talking about retail real estate investors with second homes they're doing as Airbnbs? Right. Second, third, fourth with mortgages. Not only that but Airbnb usage utilization I don't know what that term is. It's also down. Everywhere you look it's not even counting commercial real estate. I'm looking at it from a commercial real estate I've perspective. dabbled in commercial real estate these past couple of years. I think some of our audience knows that. I've been going through the financing process for redevelopment of some stuff and it just is hard to make stuff pencil. You still have expensive construction. You still have high asset prices, purchase prices. You also have high rates. So you really need to have high rents to be able to make all that work and to make it all work. Something's got to give. Rent's got to go up but rents are already high. So the asset prices have to go down. The rates have to go down. The construction costs have to go down. Based on what I've learned in that ecosystem, I do think some of the construction is slowing down especially with stuff that has lower lead times. I don't think your big federal projects, your huge contractors that are planning things that they're going to do two and three years from now, they're not feeling it yet. I do think your shorter timeline stuff is just hitting pause and that's probably affecting construction teams who are trying to get work. So maybe people will start getting a little hungrier for work. As they get hungrier for work, things get a little more price competitive. But that hasn't really trickled all the way down yet. So right now, you still have basically all these same things. Transaction prices are really high and that's really expensive because now you're talking about loans at seven and a half, eight and a half percent interest rates instead of five or four. That makes a huge difference in a commercial real estate deal for what it's worth for people listening. No different than if you're taking a mortgage right now like what was it a year, year and a half ago, you could get a mortgage for three percent. Now you're looking at six percent or more and that does effectively double your mortgage payment itself when you've amortized that over 30 years. You double the interest rate, it's going to roughly double the mortgage, something like that. That's not perfect but it's close enough right? Yeah, it's super unaffordable right now. Like you're saying, we either need a housing crash which nobody wants to happen but you can't have rates this high and factor in affordability to that equation. It just doesn't, it's not how it works. You need something to come down. And this other question that a lot of people are talking about, like at what point does the Fed's power of affecting the market even get diminished? Like at what point are rates inflationary? That's a Lynn Alden question as well. I don't know, like they're taking the credit for this right? Which logically it would make sense, we raise rates, inflation comes down. But I think the question many people are asking is okay, how responsible really is the Fed for inflation? I don't think the Fed's done a horrific job. They did a horrific job by waiting. Yes, they waited too long. But by raising rates I don't think, I mean they should have just raised them sooner I guess. We haven't seen evidence of hard landing yet I guess is my point. Well what was CPI again? I feel like I should remember this but I don't. CPI was like what, 6 % before they started raising? Because they were on the transitory train? Anyway I don't want to rehash all that but they were way behind the curve. And yeah, it's something that people talk about. I think always like the best credit score or maybe not the average. So if you're not like the best type of person to have a mortgage you're further out on the affordability line right? Because you just you get hit with a higher rate. It just gets harder and harder. I thought it was more than this but either way $500 ,000 home value loan amount $400 ,000, 20 % down 3 % interest was your total monthly payment was $1969. You go to, I think I said 6 .7 % interest was the estimate for today. That takes you to $2864. So a $900, a 50 % increase. Not great. You've got that and then the other side of the coin you've got people, you know the golden handcuffs narrative where no one wants to leave because of the rates. Super true. So now the supply of houses on the market is down significantly and that's bringing prices up. It's just it's a mess. It's a massive mess. Yeah, why would you want to move right now if you've got? Oh, I agree. But it's all part of the issue. Like rates haven't affected those 30 -year mortgages because they're fixed, right? So, yeah. And that's for what it's worth. That's why people are talking about commercial real estate, not residential real estate with being in jeopardy because commercial real estate which is more similar to traditional business loans typically the loan period is like five years or so and then you have to refinance it. It might be an amortization schedule of 20 -25 years but your actual time before you have to refinance is only five years. And so people who were refinanced or who financed anytime 2017 -2018 they're refinancing now and they're getting starting to get squeezed and they're just leaving right? We're seeing. Yeah. I see a headline on that every week. Some massive property that just says, no, we're not going to pay or we're not going to renew. But I think more important than those massive properties is all the little properties and all the little businesses where like say you're a small business and you use that example that we just did. You borrow half a million dollars for your operating capital and all of a sudden your payment that goes up a thousand dollars a month on resurfacing that loan, then you're going to get in trouble. Or in the commercial real estate environment you're financed some deal and then now your mortgage is 50 % more and your rent hasn't changed. Maybe you're even having trouble filling your building and you're being told you can't borrow as much money. You might have to bring cash to the table when you refinance because you overleveraged it in the first place. That's where the squeeze is happening.
Lyft gears up to make 'significant' layoffs under new CEO
"Significant layoffs are expected at lift, I'm Lisa dwyer. Lift is preparing to lay up hundreds of employees the cuts are coming just days after new CEO David rischer began steering the right helling company with an eye of driving down costs as part of an effort to bring its spheres more in line with its biggest rival Uber, lifts workforce more than 4000 employees received an email that a significant number of them will lose their jobs. Shortly after he was hired, richer said that cutting costs would help lower fares to lure back passengers who had shifted to using Uber more frequently because that service was offering lower prices for the same trips. The Wall Street Journal has reported at least 1200 jobs will be cut. I'm Lisa dwyer
Book ban attempts hit record high in 2022, library org says
"Attempted book bands and restrictions at school and public libraries have surged. I've never seen numbers like this. Deborah Caldwell stone, who's been with the American library association for 23 years. This is a political campaign to remove books that don't meet the moral political or religious agenda of certain organizations. And to couch it in terms of parents rights or protecting children. Even librarians around the country have told of being harassed and threatened with violence or legal action more than 1200 book challenges were compiled last year. That's nearly double the then record total from 2021. I'm Shelley Adler
"$1200" Discussed on Northwest Newsradio
"Is closing two stores in New York City and foreign San Francisco. An Amazon spokesperson said the two Seattle locations at third avenue and pine street and fourth avenue at pike street have been closed for some time due to safety concerns. The company says it's still committed to the Amazon go format and will continue to operate more than 20 locations, including 5 other Seattle stores. Kathy O'Shea, northwest news radio. A big crash shutting down I 5 south in Federal Way during the morning commute it happened south of 272nd street just about 5 25, according to state trooper Rick Johnson. It's two vehicles and then one semi without a trailer. So bobtail semi cap. The driver, one of the cars in critical condition that caused that rec remains under investigation. Northwest news time three ten, and you know it's gonna be a good one. It's time for a Monday. Beacon plumbing sports update with Bill Schwartz in both Gonzaga basketball teams trying to join WSU women in the NCAA big dance. March Madness started early in Las Vegas, Washington state wins four in a row at the PAC 12 tournament, including Sunday's finale 65 61 over UCLA. Senior guard Charlize ledger walker cut down the nets and the cougars first ever conference crown. Never would have thought we would be doing that. You know, we've watched teams do that in the past. So especially the last three years and that moment just felt so surreal to get up there, cut down the net, actually soak in that. The victory cements a spot in the NCAA tournament for WSU. The West Coast conference tournaments continue in Vegas, Gonzaga women take on BYU and at 8 30 tonight, the zags men play San Francisco in the semifinal. A sensational undefeated Seattle kraken hockey trip capped off with a three two overtime win against defending Stanley Cup champion Colorado. Yanni gourde had the game winner. The cracking on home ice tomorrow night against Anaheim. And at Seattle Mariners cactus league action this afternoon against the visiting Chicago Cubs, Luis Castillo makes another Seattle start. Sports with Swartz at ten and 40 after the hour, northwest news radio. Our northwest news time, three 11 results from a new medication trial shall how effective it is for people with statin intolerance. For those unfamiliar statins are used to lower a person's cholesterol and reduce their risk for cardiovascular events. Unfortunately, somewhere between 7 and 29% of people. Who try to take statins to lower their cholesterol levels, have adverse effects. Typically, muscle pain and sometimes muscle weakness. Doctor Stephen Neeson is a cardiologist at Cleveland clinic and the lead researcher for this trial, which included 14,000 people from 30 different countries. He says previously, there were no medications available to help lower cholesterol, specifically for those with a statin intolerance. So they decided to test a drug called bempedoic acid that had been approved by the FDA a couple of years ago. The results from the trial showed it was well tolerated. In fact, it helped reduce heart related complications by 13 to 15%. In addition, the medication reduced risk for heart attack by 23% and the risk for needed a stent or bypass surgery by 19%. It's important for the public to understand that the vast majority of patients can, in fact, be treated with statins. The drugs are very effective, and they've been studied in a hundreds of thousands of patients. We were studying a very special group of patients. Doctor Neeson says there were some side effects of the drug used in a trial like a small increase in the risk of gout and the risk of gallstones. And that's Holly manino. Mexico's president says his country is working to free four kidnapped Americans who cross the border over the weekend to buy medicine. Those four Americans were kidnapped and tamale's Mexico, a place the U.S. State Department says is so risky to Americans. They've issued the same high do not travel warning it's used for Syria, North Korea and Iran as for additional information. We do know details, but details are also quite scant at this time. State Department spokesman Ned price won't confirm the Mexican president's claim that those four Americans were kidnapped while trying to buy medications in that country. Andy field, ABC News Washington, global carbon dioxide emissions from energy went up less than expected in 2022, the international energy agency says clean energy sources, solar wind and electric vehicles are credited for that. Global energy related emissions rose by less than 1% last year compared to a 6% rise in 2021. The new analysis comes, even as Russia's invasion of Ukraine that started last year through global energy markets off balance. Northwest news time three 14, time for a check on your drive from the high performance homes traffic center, how's it look in Kimmy Klein? Well, it's still pretty busy getting into and through puebla, we had a crash on westbound 5 12 to pass the South Hill mall in blocking all lanes. It's just blocking the one right lane now, but that's why traffic's backed up onto one 6 7 just a bit, adding away from Sumner, plus we got those usual crowds on one 6 7 getting south of rent and pest Willis street than more south of Al gona. I even see south and I 5 though starting to fill in not only around the sea tac area, but also south of highway 18 right up to the fife curve. Northbound four O 5 at northeast 30th and earlier stall has been cleared to the right shoulder, but it's still really heavy heading away from the maple valley highway, even south and 405 is slowing to look at a downtown Bellevue. In Bellevue watch for emergency response on north on four O 5 just north of 5 20 that's partially blocking the right lane, south on 5 and Seattle struggling from the ship can now bridge towards I 90, and some minimal delays never right now north on 5 from 41st towards highway two. Your next northwest traffic at three 24. And the weather picture sponsored by northwest crawl space services showers at times overnight lows in the 30s, so tomorrow morning we could have some snow mixed in with The Rain, sun breaks
"$1200" Discussed on The Vergecast
"Yes, do you need this weird obscure battery that was made for one year to work with the pismo. I'm making that up. I don't know if that really happened. But you guys had that. You had this really nice rich supply of parts, which was the other part of this component. How do you do that with all of these other devices where the population of people needing it is in this big? Yes, if we're lucky, the parts are out there, I needed a dial for my canon 5D Mark three, found the dial from someone in Shenzhen somehow. So maybe there was enough of a factory spooled up making that. But when you get to the longer tail there aren't. And so really your best option at that point is scavenging parts. And so we do that a lot here. Well, sometimes for like new Apple laptops, we can't get parts of them. We'll buy new laptops. We'll part them out. We also have partnerships with recyclers where we'll rescue, like Kindle batteries or something that we can't get from Amazon and so we rescue Kendall batteries before they go into the shredder and then we make them available to people. It was just in this moment when I realized that Kindle batteries would inevitably die. Yeah, batteries screens and Amazon just doesn't sell parts for them, so we try to fill in the gap. Do you see that like, I'm so sorry to our listeners who are like, no, no, keep going, Alex. Don't just get stuck on kindles. But you see with that one, is there a pretty decent community? Because those devices are so cheap. They are cheap. But some of them, you got the early ones and they've got cellular connectivity that is kind of valuable. So I think it depends, but I would say the cheap nature of what Amazon has done with the Kendall makes it so that I think there is less of a concentrated enthusiasm around making them last than there is with something like a harmony where it's more of a unique object, those kind of a cultural artifact. Amazon has photocopied so many kindles that you don't have the loyalty that any singular Amazon object like you do in other cases. And I think that's a shame and I think Amazon should bear some responsibility for that. 1000% agree as much as you can agree. I would agree with you on that statement. I guess the other kind of component of this we talked a little bit about how you guys get the parts and stuff. What about the software element of this? I feel like that's kind of becoming increasingly a big part of repair and way it just never was. Yeah, it really is. Well, and we're covering you cover the genesis of new technologies. Well, what happens with those technologies? I saw a post today where Ukrainians were talking about how the Russian equipment that they have is easier to fix than some of the NATO equipment that they're given. They're like the NATO stuff all has computers and the Russian stuff doesn't and so it's just easier to work on. So as we're moving into the future as we have put software and computers and everything, how do we deal with that? And I think the pebble is a really good example of both the opportunity and some of the challenges that you have to work with. Yeah. So there's the rebel community that has been out there. We've written about them extensively where the pebble servers shut off and so they've set up alternate servers and all alternate ecosystem that you can use. But the latest problem was that in order to talk to the new Android devices, there's 64 bit, there needed to be a firmware update to the pebble. And there's no way to do those firmware updates without having to secure signing certificate, sign the update. And so this is something where it didn't matter how enthusiastic the community was without that magic secret key, they could not push this update to the and this is where I think because you think about companies that shut down whether you do, how do you plan for taking care of these devices afterwards. So in the case of pebble, Fitbit bob pebble and then googlebot Fitbit, and so the security key is open by Google. So someone at Google needed to sign the key. And magically, it happened. It got signed. So somewhere in the bowels of Google, someone found the secure key, signed the community update pushed out there and you can make the pebble work with 64 bit Android now. How likely do you think it was that that person was a pebble owner? And was like, I am not letting this guy. Yeah, and they were actually a contributor to the rebel community. So this is where it's cool. You had an engineer who had been part of all the way through and then said, okay, I'm going to make this happen. I think that this is a conversation that we need to have about ownership. At what point if the company is going to go away or let's say that that key had disappeared in the chapter 11 bankruptcy is in the best interest of society at that point to get that key out there. So owners can use it. Yeah. Cory doctor likes to say, if someone puts a lock on the device that you own and doesn't give you the key, it's not for your benefit. Well, I think we're seeing that right now with the Logitech harmony, right? Like the harmony remote, Logitech still owns all the software. They still technically maintain those databases and stuff even though technically is doing a lot of work here, right? But there's a big call in that community just open-source it. Just give us access, stop, gatekeeping, this stuff, you don't care about it anymore. Let us have it. And the company is said no. Just flat out, we're not doing that. Yeah, and you never know there may be an IP thicket that they have to wade through in order to free that. I've written article a while back called the end of ownership. And as you move into software and it's so entangled with these complex IP agreements and maybe Logitech doesn't own all the software and so they can't necessarily. We need to start pushing back as a society against that kind of thing. How do we do that? Well, the GPL is one way to do it. So we found a John Deere got jailbroken at DEFCON and we installed doom on it. Yeah. And in the process of doing that, we realized, hey, there's all kinds of GPL code running these software enabled tractors that John Deere hasn't been releasing into the world. I don't know the situation with the harmony, but you can imagine we haven't seen, I think, enough litigation around the GPL. We saw that a couple of years ago, a bunch of companies were really seeing emulators. And they were basically Sega genesis, all these other ones. And they were using common creatives licensed software to do it. Just quietly. And I remember speaking to a lawyer at the time, and I said, hey, how do we stop this? And he goes, you sue. That's it. It's just on these communities. So is that something where these communities need to be working with lawyers developing class action lawsuits? Yeah, the communities that are involved in engaged in creating open-source software that then gets built to create these commercial products have a lot of leverage and they could get more engaged. And so the software freedom conservancy has the rights to prosecute copyright for Linux and the wine project and many others. And they've started to get more active. So they've actually sued vizio for a GPL violations on their TVs. And I think maybe that's an opportunity because one problem that we have you buy a new smart TV, and it's got spyware built into it that you can't take off. Yeah. But it's built on the backs of all of this open-source software. You should be able to get your own copy of the vizio software that remove the spyware compile it and install it on your own TV and run it.
"$1200" Discussed on 790 KABC
"We already heard about Alfredo Saving over $1200 a month and wiping out debt. What else you got for us? All right, let me see here we've got Henry. We gotta Reggie and we got randomly Go it, Randall. You know, Let's go with my guy right here. He had a high rate, so let's look him up. So he he went 30 or fix a 30 year fixed. Got an Esseker refund. Next. Better payments, November closed in 10 business days. No appraisal not necessary. That would slow us down. Cash out and paid off. 16,000 plus on credit card debts, cashed out and paid off. Almost 11,000 on the car wanted a little bit over $40,000 for home improvement money. So right there when you hear $40,000 cash in hand, so lot of people like Oh, that's a lot of money. How much of the pain to go up while went down $1779 you guys So a lot of people think just because you're pulling cash out that your payments going to go up and they'd be wrong. The majority of the times he got such an alarming amount of rate reduction that regardless of how much the customer took out. He was going to save money. He got a fresh start. He got a credit enhancer. He was able to say 491,000 over the life of the loan if the story ended here, and he rides out this low rate In this new fixed situation who have 40 some $1000 to do home improvements, No more debts, and he saves almost $500,000 like I'll take to sign me up for this one. Every single time. He listens to us on the mortgage radio show. Washington D C W M A L one. Oh, 5.9 FM. Pretty sure they got to be big Redskin fans out there. I guess it's the Washington football team now. Sorry, you guys. I'm always going to make that mistake. Great defense, love Chase young. Gotta hook you guys up. Going to see that defense this year. Hopefully, we're avoiding you guys..
Balenciaga’s $1,200 Sagging Pants Are Being Decried as Racist
"Is being criticized over these. I'm sure you guys have seen. These sweats have boxes attached to them before. Yeah and women. They've had that for women like all different brands like the underwear shows above the longtime ago. Right so they're saying it's a boxer detailed designed to be visible above the waistline of the sweats so people and these by the way it costs eleven hundred ninety dollars but people are saying that gentrified sagging now and that's what people are upset about. He's saying that if we slash black kids were are this. We were going to be statistics and not do anything with our lives. Just for some years to pass him balenciaga to sell it for twelve hundred dollars. I don't care if they balenciaga's or you know just some regular levi's what you boxer briefs showing why you want you boxes showing. Why why are you want you draw. Sean there's been literally laws that make it illegal to have sagging pants at fashion designers are profiting off of the same thing. Black people were criminalised for
Ida Expected to Make Landfall in Louisiana as a Category 4 Hurricane
Peloton is slashing the price of its Bike by hundreds of dollars to $1,495
"Of affluence. Now the company's cutting prices to try to push into middle class households. They're going to Push the price of their most popular bike down by $400. It will only cost about 1500 bucks live with the Bloomberg Business
Southwest Trims Schedule in Effort to Solve Flight Problems
"The Southwest is cutting back its full schedule. The airlines stepped up service because of demand for more flights. But that left its pilots and flight attendants saying they're overworked and frustrated. Now it's trying to fix the problems that have caused flight delays and cancellations to
US Embassy Alert Advises US Citizens Not to Go to Kabul Airport
"State Department's telling Americans waiting outside the Kabul airport in Afghanistan to leave the area over concerns of terror threats. The U. S embassy in Kabul, sending out an alert advising US citizens to avoid traveling to the capital city's airport, an advisory reading in part because of security threats outside the gates of Kabul airport. We are advising US citizens to avoid traveling to the airport and to avoid airport gates at this time unless you received individual instructions. From the U. S government representative to do so. The alert added. This U. S. Citizens who are at the Abbey Gate, East Gate, or Northgate now should leave immediately. The U. S embassy also warning Americans to follow the instructions of quote local authorities, which presumably would be the Taliban. The US evacuations are said to end tomorrow and it's estimated about 150 Americans are still in Kabul.
US extending travel restrictions with Mexico, Canada
"On non essential travel between the U. S. Mexico and Canada are being extended the Department of Homeland Security's as they remain in place through September, 21st and DHS tweeted. The move was made to minimize the spread of Covid, including the Delta Variant,
U.S. Retail Sales Fell 1.1% in July
"Fell from June to July. But last month's annualized sales rate was much stronger than July of 2020. Compared to June. Retail sales were down 1.1% last month but grew by 15.8% on an annualized basis. But that's
"$1200" Discussed on Newsradio 1200 WOAI
"Now 74 degrees at news radio 1200 double your Way on. Well. Vice President Kamala Harris says she is supporting a group of Texas Democrats have staged a walkout in protest of proposed changes to the state's voting rules. I applaud understanding for the rights of all Americans and all Texans to express their voice through their vote, Dozens of Democrats broke Corum yesterday, leaving the state on private jets and flying to D. C that where they say well, Stall the GOP backed bill, which aims to prohibit 24 hour polling places and make some changes to the rules regarding ballot, drop off boxes and drive through voting. Meanwhile, the governor is threatening to arrest the House Democrats who left the state saying the speaker of the House could call for the lawmakers have fled the Lone Star State for Washington to be taken into custody once they return. The governor added that he could also call as many special sessions as he needs to in order to pass election reform, along with other items on the docket issues like property tax relief. Funding to support sheriffs and law enforcement in high crime areas. Funding for Children in our foster care system. And funding for retired teachers after landing in the nation's capital. The group of Democratic Representatives said they will not come back to Texas until after the current special session ends on August 6th. But as you heard, the governor says he'll call as many special sessions as needed. Former San Antonio Mayor Julian Castro has a job joining the staff at MSNBC and NBC News as a political analyst. Castro's new position announced yesterday. Castro was of course, mayor of San Antonio from 2009 to 2014 and then served as the secretary of housing and urban development for the Obama administration from 2014 to 2017 and run and unsuccessfully for the 2020 Democratic presidential nomination. President Biden meeting with mayors and police chiefs trying to respond to rising violent crime rates. President Biden says there's not a one size fits all approach to addressing crime, but says there are solutions that work first and foremost stemming the flow of firearms used to commit crimes, and it includes cracking down and holding rogue gun dealers accountable. The president also highlighted cities, using covid relief funding that hire police officers and implement other anti prime measures. Republicans have accused Democrats of being soft on crime, pointing to progressive lawmakers calls to defund law enforcement. The man accused of killing a San Antonio police detective is going back before a judge this morning as the murder trial continues. Prosecutor Tamara Strong, says that between the witnesses, video evidence and police interviews she believes it is clear who is responsible. You will know by this defendant's actions and his words.
"$1200" Discussed on Newsradio 1200 WOAI
"Calling with a question about my 2012 Toyota camera. Okay? Um, they recommended oil changes of every 10,000 miles with the 0 20 synthetic and I have done that religious religiously. And, uh, you know, when it got to about 70,000 Miles, um Started using little bit oil because you're waiting, too. And I don't know why Toyota does that. That's way too long on oil in my opinion that long. No, I'm saying that. Oh, you're talking about 10,010 thousands miles too long on the oil. Yeah, but they recommended. I know, I know. I mean, they'll still warranty and engine along as you improve. You change it every 10,000 miles, But okay, Yeah. Sorry to interrupt you there, but Yeah, that that's too long. From here on out, I'd go minimum five. Well, maybe that's what I did wrong because I've done that. And, uh, you know, now starting to use oil, Okay, help you've got 100 got 100 and 64,000 on it is You know, it's just all of a sudden change it now it's use about a court every Probably maybe 2500 Miles, which I know it's not terrible, but that's not what it was before. So yeah, you don't have to dump a quart oil. And then if you forget, and you make it to five. Well, then you just lost half your oil in your car. So, um, there's some products at B G cells. One is called E P. R. Um or the part numbers 109. Um again. Don't go 5 10,000 miles on oil anymore on that car, Especially you plan on keeping it. If not, you just Yeah, you could be putting an engine is out of warranty now, anyway, And sometimes I think anymore Sometimes I think Toyota understands that and they just want you to get out of the warranty part and then it's going to start using some oil and you bringing in trading and get a new car. Um, I can't believe that they would corporation like that would recommend something That's not good for the car because they want you to buy new cars. Yeah, I mean, I hate to be like that business of making okay? Yeah, they they want they want they want to sell their products so Okay. And again. I tell people all the time 5000 miles on synthetic oils long enough. Uh, especially, we're gonna keep it if you're not go 10,000 dump it when you get to that, mark, you know, um, 5000. It's not really you don't have to do a full change. You can change the filter. And you can. I mean, if you're running full synthetic Well, you can change the filter and top it off. That might get you a little more mileage out of it, but I still recommend changing the whole oil. But back to your oil consumption. Basically, what goes on there is the greens get all dunked up with carbon and what not, and you're burning some oil through those rings and all of a sudden they stopped seating, and that's where your oil losses coming through is the actual piston, right? Um okay. B g makes the products called e p r. You dump it in before your oil change. You let it run flag 10 15 20 minutes. Um and then, you know, even if you take it in somewhere to have the oil change, do it in the parking lot. Just sit there for a little bit or you know, I do not suggest driving the car with that in there. Um, idols good. Cruising around the parking lot. Fine. Um, but don't don't dump it in at home and then drive all the way up there with it in their, um okay. So dump that in there the first time you use it the first oil change, you're going to see the oil consumption Get cut in half. Um, the next time you use it, it should not consume oil anymore. But at this point with 160,000 miles on it, stay on top of it. Every oil change and you'll get you'll get the 2 53 100,000 miles out of that engine. Is it bad to use epi are more than twice. On the same old change. No, I'm just talking about you said, you know, use it. Every oil change from here on out. Everyone. E p R. Really? Yep. Because all it's gonna do is keep everything clean. And when they go to drain the oil that oil comes out like water. It doesn't It doesn't like just slowly pour out. I mean, it drains out like water. It cleans all the crevices inside the motor. So yeah, just from here on out, E p r you might want to use M O. A. Um, Also, it's a motor oil additive helps, you know, keep any worn parts wearing anymore inside the engine. Um And yeah, do those two combined and you'll see that oil consumption go away. I've heard. Some say that when you use that more than you know that often that it starts damaging the the gaskets and so on in the engine. No, that's incorrect. No, no, If anything, it will help. I've actually seen cars that have like leaks in certain remain seals and stuff like that. Um, when? When your combustion rings or gummed up that all that Boston When when that pissed him, you know, compresses and all that all that combustion goes through those rings and back down in the crankcase when you start building up high crankcase pressure. Well, that right there is going to cause stuff to start leaking. By using the e P R. What happens is that the rings reseal. They end up cleaning themselves up. Get all the gunk off of them and your crankcase pressures go back down to normal, and you will actually honestly see if you have minor leaks elsewhere. You'll probably see some of those leaks slow down, if not stop. All right. It sounds good. Okay. Thank you. Very much. Great phone call. All right, Greg. Thanks for the phone call. Phone lines are open to 10737 1200. If you have a question about your vehicle, give us a call, and that was a good question, And we get that a lot from people about how the manufacturer has told them to go specific. A certain amount of time on their oil. Changing is usually more than what you should do it. So yeah, really say why they've got engineers. They pay a lot of money that somehow or another came up with that information. But and honestly, I mean, some Hondas are saying, like every 15 now and to me, I think what they do is they probably pinpoint their engine can last 150,000 miles by changing the oil that way, And then you're gonna start having issues. Um That's the only thing I can think of. Why they're telling people well, The other thing, too, is when you have a You go to buy a new car? If if the maintenance, you know, they'll compare. Okay, well, you're buying a Honda so well compared to the Toyota maintenance will. Ours is going to be less over the 100,000 miles, So that's another thing. I think they do so Who knows? I don't know. There's some questions that we can't answer. Yeah, it just doesn't seem right to me. But it's not. Yeah. Phone lines are open to 10737 1200. If we can help you with your vehicle today, give us a call. Let's go to a bar online to aid. Thanks for calling under the hood. How can we help you today? 737 1200 If we can help you with your vehicle today. Yeah. Um, thanks for coming into the radio 1919 95. GM van okay.
"$1200" Discussed on Newsradio 1200 WOAI
"They don't allow to have happen. So, which is a compliment to me, my pet portrait. What up? Which is but it's a downside at the same time, because you're having trouble getting it out there. One of the things that you can do is put a nice big white water mark. Across it. That says copyright, Beautiful Regina in Mount Pleasant, South Carolina So that this way when Google's algorithms take a look at it, they'll see a copyright notice and will say, Okay, she's not really trying to sell a pet. You could also put some words in there that will say porch watercolor portraits for sale. So instead of just go ahead and posting up the picture, you start giving some descriptive text along the way. And when you when you upload the picture, Regina instead of just saying like portrait of Abby, the golden retriever that I did. It was fabulous Is that you say Abby Golden retriever portrait watercolor portraits, So you want to keep feeding their computers as much? Information that it's a portrait, and it's not actual animal. Okay, how do I get back on though? Did they block you? Me? They were going to reveal me and it would be seven days. Well, that's You know, you just have to keep. I wish I had a magical button that I could connect you to with Facebook, Regina, But with two billion members where we are all at the disposal of whatever they figure they want to get around it What you can do Is fire up a new Facebook account on and under a new name and make it a business page, which is what I would recommend. And then you can also start selling on Facebook on Instagram or on both by setting up a shop with them. And so that would also be a way for you to start getting around some of the restrictions that they might have, because if you are linking to their shop over on Facebook The computer algorithms are probably less likely to tag you and flag you as somebody who is violating the rules as well. So you got you got some homework to do. Trust me. I would still follow up with Facebook and keep sending that support in and say, Okay, it's been seven days has been 12 days. You know what do I need to get back in action Because you blocked me out on this and then simultaneously start using those algorithm words so that their their computer systems start knowing that it's a watercolor portrait. Because you are your great artists really truly are Regina. I'm so flattered that you called me and then on the same time, Think about setting up a shop on Facebook for your portraits. And the programs that they have would probably less likely to flagging that way is to Hey, stay right where you are coming right up. You have to watch out Microsoft users. There's a new scam that downloads ransomware. Right onto your computer. I'll tell you more about that. So stay right where you are. News radio 1200. W o a. I Hackers are smarter.
"$1200" Discussed on Newsradio 1200 WOAI
"We do accept walk in so you can go to Cambridge audio dot com and schedule an appointment There also do that to our Facebook page by liking us on Facebook today. We're here to help you with questions that you might have about your vehicle. Give us a call. 210737 1200. We've got a lot of great questions today. Yeah. So we definitely want to keep it up. If you have anything going on with your vehicle or have a question about it, definitely give us a call to will and 0737 1200. We will help you out. Let's go to Jack. Jack. Thank you for calling under the hood. How can we help you today? Hey, so, actually, as we speak, my oldest son is bringing a truck that he got from his grandfather back from Indiana. And in Dallas last night, his check engine light came on. So he went to AutoZone. And it's throwing the P 04 20. It's the right bank, catalytic converter and and my question. Are the fuel additives worth a lien? Or is this going to be a problem that we're going to just keep chasing around until we get the catalytic converter change? How many miles are on that truck? It's low. It's It's got 92,000. It's set. It didn't sit. But it got driven. Very little. His grandfather's 84. They just didn't go out during the year and a half of Covid so it probably only got a couple of 100 miles over the last year and a half. Yeah, um That is pretty low mileage mean converters can fail at 100,000 Mile. Mark, Um, tip. I mean, typically, they give 80,000 mile warranty on them, You know, eight years 80, you know. Um, So typically, they last longer than that, Um, I don't think I'd replace that converter right away. One. I would have a couple things done with that vehicle. First wannabe G, um, you know, fueling Jackson service might help build up, burn out any carbon and stuff from the vehicle sitting That might help. The other thing is check for any exhaust leaks around that side manifold. If you're sucking in the amount of air that will definitely throw a 4 20 code. So make sure you have no like cold Start. Um, you know, exhaust leaks anywhere near the manifold or crack near the catalytic converter or around. You know, the 02 sensor area or anything in that nature because you put a converter on there with a good visual inspection. Yeah. Um, I believe it or not getting, you know, four ft piece of garden hose. Put one end of it near your ear and kind of put the other end down there and kind of, you know, use that as a that's a scope. And if you find that you'll hear an exhaust leak. Um, pretty evident. You know, it's kind of around where the pipe bolts the manifold and whatnot. Just kind of looked at over. Really? Well, um, it might not be thrown in black suit or anything of that nature. And then, of course, when it warms up, it might seal itself off. But typically on a cold start. That's when you have an exhaust leak and that right there can definitely cause a converter to throw for 20. And there's nothing wrong with the cat just so leak in front of it. Sure that sounds good. Now it's got the, uh it's not the five point forest of the six version of the Ford engine and, uh, they don't know if if the timing belt spend change, so that's probably something with 90. We would just go ahead and noting Yeah, yeah, that's a chain motor. So there's no timing belt. Yeah, you're in good shape. Don't worry about it. Wow. Okay, Well, that's great. But, Hey, we love the show and keep up the great work. Er, thanks for the advice. You got it. Thanks for listening. There you go back. Alright, Jack. Thanks for the phone call Phone lines are open to 10737. 1200. If you have a question about your vehicle, give us a call. And that was a good question. You know, we hear about catalytic converter coats Lot. You see him a lot of shocked. And you know, like Terry said that he does. Don't want immediately condemn your catalytic converter because some of these vehicles that can be quite expensive. Yeah, and a lot of times with these codes. I mean, a lot of people, you know, throwing the 4 20 You need a cat? Um, no, it's saying you have an issue in that system doesn't mean that the converters bad majority of codes don't mean that that components bad. It just means it's You have an issue in the system with that component included. So yeah. You definitely want to spend the extra time and dig in a little deeper and check a few things before wasting your money and replacing components said Don't need to be replaced. It might you know, his cat might just need to be tightened up, You know, so Yep, absolutely. We've seen that, you know. Yep. You go in to have a I don't know. Transmission service done. They had pulled converter down or whatever, and just didn't tighten it down properly. And now you're getting a 4 20 code and all. It needs to be as readjusted and re tightened so Absolutely. And you hear us talk about diagnosing and diagnostic charges and doing all that kind of stuff, And that's kind of what were you know talking about? You know, a lot of people can you know a lot of people they have You know the card code readers that you can plug into your vehicle and find out you know what the code is that your check engine like maybe on for, but a lot of times. That doesn't pinpointed exactly what you need to. Yes, you will get a code that may point you in the direction of it could be this problem where it could be this particular part But nine times out of 10. When you get a code, it's just telling you to look in a particular area. So it does make sure you know what you're doing it yourself or you're taking it somewhere that they're actually looking at what they need to do pinpoint exactly what's causing that check in tonight for you, so I went definitely take our time at Cambridge Auto Center. You know, we don't want to, You know, just start throwing parted your vehicle and hopefully, you know, See what makes it work. We want to try to you know, we find what actually caused the problem and get it looks for you. So we definitely Help you out in that regard. If you have a question about your vehicle gives to call 210737 1200 phone lines are open. If you have a question about your vehicle, how you can maintain it to make it last longer, or if anything that you have going on with your vehicle. Have a question about that. Give us a call. 210737 1200. Phone lines are open, and I believe it was. Jerry earlier had a good question about what she should be doing to her engine as far as the eco boost in the Fords and all that, and we talked about G engine..
"$1200" Discussed on Newsradio 1200 WOAI
"Lifeless body of his little girl in the basement of their Boulder, Colorado home and the Boulder Police Department side was Hey, Ramsey's did it. There are a number of investigators who all say that the murder of JonBenet Ramsey was not done by the family but by intruders through a series of Boston destinations, multiple district attorneys and finger pointing at family and friends. JonBenet's killer remains at large. We looked at lots of suspects now the killing of John Boehner, the final suspects follows a brand new investigation into America's most heinous, unsolved murder in this exclusive 12 part documentary series. We're looking into the top 10 suspects that were never pursued. Are there other suspects that need to be looked at? Absolutely should there be other suspects? DNA is collected. Absolutely. When lead Detective Liu Smith died, he left behind a list of suspects he felt were most likely responsible for this crime. He may have run out of time. But now with that listed used radio 1200 W away, I and I heard radio station available everywhere on our free I heart radio app number one for music, radio and podcasts, all in one Just ahead of headlines, traffic and weather together on this Friday Eve, most people call it Thursday night. Here we call it Friday, Eve, First day of July. New month. Lovett June Flew by for me, except for this week. I don't know. Why are you familiar with the N F. T s The non fungible tokens. Yes, I've heard of those Okay. Non fungible token containing the source code for the World Wide Web sold at auction house. Sotheby's Yesterday for $5.4 million Now the N F T or crypto asset, the records ownership of a digital item like a photo video audio? Yeah, this contains the original source code for the World Wide Web, which is a system for navigating and accessing information on the Internet. It's considered valuable because the token has has been authenticated by the inventor. Not Al Gore. Tim Berners Lee has authenticated it. So this n f T that holds the source code for the World Wide Web sold for $5.4 million. I wonder if that's why the Internet is running a little slow here this morning. Guys playing with you Never know. You never know. Kind of weird, though. I don't I I understand what they are, but I just don't get the fascination of owning a piece of something you can hold in your hand. You know, kind of ties into the whole Cryptocurrency. Exactly which I'm still out on the list. I'm on the fence on that. I don't know. If it's a good thing or a bad thing yet You know,.
"$1200" Discussed on Newsradio 1200 WOAI
"America. But the right of all eligible citizens to vote. Is not one of them. Garland, speaking of the Justice Department, says the right to vote is the cornerstone of American democracy. A scary situation on Lady Bird Lake in Austin getting national attention today, emergency crews rescuing four people who were in danger of going over Longhorn Dam on a boat If you ever look on the other side along her damn, there's actually concrete. On the very bottom of it, So if you were to fall off, you would actually landing in a hidden concrete on the bottom. Officer Brent Smith says the boat was partially over the dam. When they arrived. The cruise lowered life vest to the passengers, then pull them into open water where they were rescued. No injuries reported. You can see video from that rescue on our website. Swarms of mosquitoes are descending on San Antonio because of all the recent weather trends residents across the city, calling the San Antonio Vector control program to complain cruise with the Bear County public works or fogging public and unincorporated areas by night, But they're asking residents to drain standing water, which is where many of the insects are breeding and a new report shows Americans are feeling a bit more confident about the economy that's proven by a University of Michigan consumer sentiment reading that is up some 3.5 points. Wall Street Slightly higher T in the week At the close, the Dow Jones industrials gained 13 points. The S and P 500 gained eight and NASDAQ was up. 49 get the latest news anytime anywhere. Just tell your voice activated. Smart device to play news radio 1200 W Oy and I heard radio. I'm Brian GAM. NewsRadio, 1200 w O AI..
"$1200" Discussed on Newsradio 1200 WOAI
"Hi, Um, have kind of a basic question. I have a 2016 rav four and it's got about 75,000 miles on it. Um, I don't drive a lot. Um And I'm not a high maintenance person as first, you know, tending to every little thing. I haven't had a single problem with the car. And but I want the car to last. Uh 200,000 miles, if possible, that this could be my last car. So my question for you is with Covid. I didn't really do any vehicle maintenance. I have changed the oil religiously. But other than that, Nothing really. And like I say there's no problems. My question for you is what kind of thing at 75,000 Miles. Should I be looking at? Um and again keeping in mind that I'm looking at more major things. Um, cost, of course, is is an issue. As far as I'd love to say, do every single thing that y'all can think of. You know that that it might need at this point, But what are the major things that I need to be looking at? At this point? There's just many months. There's not a lot involved. I mean, one transmission service. Um, you should That should have been done around 60. So just a little over. So it's now time to do that. That would probably be the first thing I would You know until you to invest in, um and then your other fluid, your power steering fluid Your you know your brake fluid cooling system. Flush that out, Um And then, of course, you know any of your filters air filter cabin air filter. Um and and then the only other thing I'd probably even suggests probably an injector service. But then after that, I mean, you know you're not going to have to do anything that vehicle till you have 100,000 mile mark And at that mark, that's when you're gonna do your tune up related stuff. Um, If that one has a timing belt, you want to do the timing belt around that time as well. So I've heard of that timing belt. And it sent me giving me fear from the stories that I hear about it. So I definitely wanted to make sure that that was up on that. Yeah, I mean, on the timing belt, part of it. You do You do that at 100 K. You're not do again until the 200 K So you know, and in 25,000, miles, if you don't drive much, you know that gives you plenty of time to budget that out, You know, just put a little away and then you know when you hit the Yeah, we needed 200,000 Mile Mark, having done That's a good plan. And of course, you'll take care of everything that that you told me on that. The absolutely effort list, right? Yep. Awesome A call. Make an appointment. Thank you so much. You're welcome. Have a great day. All right, So let's thanks for the phone call. That isn't that was a good call. It was definitely a good call. And that's she actually has a vehicle. You could definitely get 200,000. Miles. Absolutely problem. I have one of those. Yeah, And I love it. And, uh, it's I got a lot more miles on it for my year, though, Okay? I'm almost at 50. Wow. Which I'll be doing taking care of really soon here at Cambridge. Honest Yeah, you will be. That's right. All lines are open to 10737. 1200. If you have a question about your vehicle, give us a call. We'd love to help you if you have any questions about maintenance, or what you need to do to take about your take care of your vehicle. And like Celeste, our last caller just Called about. It was a great phone call and a it sounds like she is definitely on top of taking care of it actually being a little proactive, and if it's possible that's what we read. Recommend that you do with your vehicle as far as taking care of the maintenance and that kind of stuff. And when you hear us talking about mileage maintenance, and when you should take care of that stuff and all that good stuff, it's all in your owner's manual. And when you look at your owner's manual, you can see that there's actually probably, uh, two different, uh, two different types of maintenance that you should be doing a normal schedule, and then you have a severe schedule. You want to make sure if you're in, you know when you're taking care of your maintenance when you're looking at what to do at certain mileage and that kind of stuff that you're doing this severe schedule. We definitely are in the environment for severe schedule in South Texas. So with the heat in the summer, and, uh, really just to heat all year round and then a little bit of time that we have where it does get cold, You know that does take it toll on your vehicle. It breaks down fluids. It breaks down all kinds of stuff. So you want to make sure when you're looking at your maintenance, scheduling your owner's manual that you are going by the severe schedule or severe Service schedule. I forget what they call it, but it's something like that Something your manufacturer may call it something different, but you want to go by the severe one. And if you don't have your owner's manual, if your body used vehicle and it wasn't in there all that good stuff we can look it up for you at the shop. You have the Internet that can provide that information as well. Just be careful. You know what you look at and where you're getting the information from, but We can definitely get all that for you. And another thing Terry talked about is, you know, Look at your maintenance schedule. See what's do see what? Yeah, as do at the next one kind of be proactive. If you're at 50,000 Miles now, don't just concentrate on that. But look ahead to see what to do it, uh, 75 100,000 Miles because You might have more That's going to be do when you get to 100,000 mile, So take a little bit like Terry said. Set it aside and make sure that you have that available whenever it comes time for that, that maintenance that comes up so anyway on lines are open to 10737 1200. Let's go to Bill Online one Bill, Thanks for coming under the hood. I can help you today. Well, it's just curiosity question. Partially. This is quite a few years ago, a friend of mine worked at a transmission shop. And he brought me home a charge you know as a gift, and it showed how you can extend your life and your transmission dramatically by adding a transmission cooler or a little radiator. Like you know, for your car, but as for the transmission, and I was curious because I used them on my trucks.
"$1200" Discussed on WGN Radio
"And you're listening to Chicago's afternoon news. Okay? We had a call earlier from Diane, who said her daughter. God check from Susanna Mendoza. It seemed a little odd on and careless called, she says she's got the answer. Hi, Carol. Hello there. What? What? What's the situation here? What's the problem? Well, I got a whopping check for $65 not complaining about but I was told it was because they were not supposed to text our unemployment. So 10,000 to the 10,200 exclusion. Um, the state tax on that that would be about the right amount. It's funny. That's thank you for saying that. I don't know that the state has started sending out separate checks and processing returns. You know, the federal government is going to send money back to you. If you paid income taxes on the 1st $10,200.0 of unemployment benefits state would apply to, but I have another answer. One second. Carol Carol, When did you get the check? I got it last week. But my day off is Monday and Tuesday. So yesterday the banks were closed. So today I popped it into my Okay. Something about the same time. I'm sorry, Terry. What was your other point? No 100. Some dollars would be I had sure that would be right at the 5% right on $10,200. But Maybe that's it. But there is another thing that that bothered me that I wouldn't know that there's an Illinois property tax credit and before your principal residence, the word principal through me. But there is a property text credit equal to 5% of Illinois property tax paid on your principal residence. If you own and reside in your residence. You can take this credit and when she included that started in 2017 income on a single return has to be under 20 and $50,000 to claim that. So when I heard the word principal I started looking for that. Maybe it was that obvious, Fascinated. I hope that Diane cost back and tells us that she, her daughter called Susana Mendoza found out exactly what it was. We should call center ourselves. She'll talk to us, But we also got a text from seven away who has a good point. Just in general, and the caller said it's probably safer to call the comptroller's office than to call the number on the check or confirmed that the number on the check of the form is the same as the comptroller's office. Just to make sure someone's not fishing for your information in one way or another. Yes, I know. That doesn't sound like a fishing expedition. They're giving you money, so that doesn't someone I don't know. I've I've had people get caught when they were promised money, and they were had to give information in order to get the money Clear. 3129817 200 telephone number. That's the number of Peggy's called Hi, Peggy. Hi. Say. Hi, Carrie. Thanks for taking my call. I love listening to the radio and Terry. Thank you so much. A few months ago, I sent you an email with the question in you or your end or your team got back to me right away. Probably your team. She was a huge, you know, after every single one of those myself on it, and I'm very grateful, very helpful. So my question is, um, I did early retirement about seven years ago. My husband now you're both mostly retired. We, you know, have a little bit of fat, You know, income from part time jobs, occasional touching job anyway, One of our retirement accounts. My retirement account is with C I a craft and it's Uh, I can't a newer ties. Yes, I think that's the right word. So it's very conservative. It hasn't made much money over the last seven years. I had some cause I can't contribute to it anymore. Um, has made some I'm just wondering about the wisdom or lack there off, going ahead and just taking the 13th the annuity sense that the lifetime annuity once we start taking it, the amount will never change for all my years of problem with that, but just watch I'm not going to get you know, this is one piece of I assume several retirement accounts, right? Yes. Yeah, okay. And the other retirement accounts probably have some money invested in the stock market, which I just said that beginning the show is a great track record for beating inflation. Over 20 Year period. Okay, Just stop market is a hedge against inflation, but a fixed check which whatever it is now for 300 a month or two or 3000 month. Had on Lee 3% inflation, the value the spending power of your money will be cut in half in 25 years. I'm you sound young. I'm guessing that you said you retired early. I'm guessing you're probably looking forward to a 25 year retirement. So it is going to be devastated by on Lee 3% inflation. That's something that Fed says it's happy to tolerate. It would like to see 3% inflation, so I always hesitate. I wouldn't a newer ties that amount now just because it's not making money now. Would look at what your investment choices are in that TIA craft account, and you may want to stay conservative with that account. Be a little more aggressive in your four. Oh, one K or IRA rollover account. But to lock yourself into a fixed monthly check with 20 plus years ago in retirement is not my idea of a good idea. Peggy. I'm glad you called him. Gregory. Listen, Thank you so much to be. Well, we're gonna move on to Lori. Hi, Laurie. How are you? Hi. I'm doing okay. How are you? Some look, we help you with The question I have is it's about an I R s income tax refund and the second stimulus check. They put it in an account in January for $1200, my husband and I in my bank rejected it because it was a closed account. Then I was hoping they send me a note paper check or do anything, and I never got that. Then I file my income tax made sure we got the right account number. And I got the third stimulus check into the correct account. But I was supposed to get $708 income tax refund. And what that was was a $1200 credit I owed 500. They took it. Get out of the 1200. That left me with 708. I should have gotten, but I haven't gotten anything. Well, first of all online 30 of the return you just filed. You're supposed to claim the 2 $600 stimulus checks on your joint. Return that you did not get. Did you put that Timeline, Jerry You did? Yeah. I had a tax service. Okay, Well, you haven't gotten your refund yet. It's basically what you're saying. I haven't gotten it. And I guess I don't get to 1200 now because they took 600 out our 500 out of it that I would've vote on income tax. Yeah, right. Exactly. But you haven't gotten the balance yet. No. Okay. And I'm sorry about it. They're a little bit behind. I promise. You'll get it. The iris is very good about that. So give it another few weeks. A lot of people still waiting for tax refunds. You got your first one last year. 1200 each You got your third one, which was $1400 each and now they are offset the credit of the 612 $100 You claim With a 500 something you owed and they will send you a check for the difference. It's a lot of people still waiting for refunds. Thank you for the call More good luck. All right. Thank you. That clearly that's I appreciate it. You better We got a great texture. Terry from someone who says Wants to know if you can recommend a book, her website for information about building a business for a 16 year old eyes that says I want a teacher, so she has great blocks to build upon. She loves listening to you on the way to gymnastics. Oh, it's a girl. Oh, I don't know. Gymnastics. It could be a boy. No one She loves listening to me when he said she Okay girl, something in Chicago. We have an incredible resource. It's called the Women's Business Development Center. W b.
"$1200" Discussed on WCBM 680 AM
"Going to affect our retirement. Probably now, more than ever. We've got to spend happy President and You know, It's funny, too, because when you look at Washington, they're also they all spend money like drunken sailors. Whether they're Republicans or Democrats doesn't matter. They just love to spend money, especially when it's other people's money. But today we happen to have somebody who's especially happy to spend other people's money like it's going out of style. So anyway, um that's Of course, that's going to make things for retirement planning even more difficult. Now, with all that said, real quick. I want to touch on a couple things that are going to help us with our retirement. Remember what we do here on this show is about safety and security. Are programs are insured. They're guaranteed were very conservative. If you want to roll the dice. This is not for you. If you want to protect what you have keep listening. So first order of business. We've got a couple of programs that operate just like CDs 2.8% guaranteed for five years. That's one We have 2.15% guaranteed for three years. That's another. And then we have the personal pension plan. Now there's a one of the companies. I've used on and off for years been around for a really long time. Very big company very well ranked very well rated all that they have their having a promotion, and currently they're offering a 25% bonus. For new money. So this particular program you can open the account. You got a 25% bonus on all deposits for the next year and a half. So if you somebody given example of somebody has E think the minimum deposit on this account is 20,000. So if you have $20,000 in an IRA that's an old IRA from employer. Um You can open up the account. Now. Now you'll get your 25 per cent bonus now. Let's say that you're going to retire in A year or year and a half. It's gotta be within the next 18 months. And you've got a lot more money in your current four. Oh, one K. Let's say it's a year from now. Well, you you've locked in the 25 per cent bonus for the next 18 months. So you open the countless small among your small amount of money today and then you roll over a large amount of money later on, you still get you 25% bones. Anyway, The bottom line is 25% bonus for the next 18 months. This is a promotion. It will not last is, my guess is six weeks. Maybe July. 1st at the latest, but other but six weeks Probably That's I'm leaning towards six weeks in terms of how long this promotion's going toe last. So now they don't ask me, but that's just my gut telling me that because it's such a big bonus. It's just not gonna last forever. I mean, no way it can last that long, anyway. So we have. If you're the CD type programs 2.8% guaranteed for five years, 2.15% guaranteed for three years compared to the banks. Those air fabulous rates. And then if you want to set aside some money for retirement, that's going to pay you. We call this the personal pension plan the great way to generate retirement income. One company that's been around for a long time is offering a 25% bonus. And you can get that on all deposits for the next 18 months. So give us a call. Our toll free number is 888. 9795995 better here recording. So pressed number two. That way you can leave us a voicemail and let me know what it is. You're interested in name phone number. Matthew, I'd like to talk about that five year. 2.22 Point, 8%. Okay, so I'm I promise We will call you Monday. So let's let's do this again. 2.8% guaranteed for five years. 2.15% guaranteed for three years. And then the personal pension plan company that's been around for a long time is temporarily offering a 25% bonus. You can get that bonus on all deposits for the next 18 months. So if you have a big roll over coming, and you don't want to miss out on it, and that's a big bonus, and then you know you have Whenever you're ready to draw the income you could you decide when you want to draw the income. So again, the toll free number is 8889795995. That's 888979. Eyes. 995 press number two When you hear the recording, leave us your name and number and I promised to call you Monday. And I'm curious. What? How many times I've said that number over the last 11 years. I've been doing this radio show very interesting. I can't believe it's been has been this long. Went by fast, but good things happened quickly. So anyway, all right so quickly on another subject, real quick shout out to the new governor of Montana. I know he's not going to hear this, but I want to say it anyway. So the governor of Montana. He's new. He's just got sworn in in January's name's Greg G and Forte. Now I think I'm saying that correctly. It's GM, Ford or GM Forte. I think it's Jian Forte. But over there, Greg, Um as decided that we're going to get back to work, and he has opted out of the federal assistance of unemployment. So you know, some people were there making more money staying at home and not working. There is a fundamental flaw was being paid not to work. Now. That doesn't mean people shouldn't have assistance. When there's time for assistance. There's a time persistence, but that assistance is not forever. So he has said. We're opting out. We're not going to take the federal money. You're not going to get paid more to stay at home, Go back to work, and there's actually an incentive. A one time bonus of $1200, but you don't get the 1200 bucks until you've been back at work for at least four weeks. And if you do get the 1200 bucks, you can't quit your job and go back on unemployment. So that you say it's not like I'm gonna go back to work for four weeks. Get my unemployment. Go back on this, but no, no, no, no, no. You're going to go back to work..
"$1200" Discussed on Newsradio 1200 WOAI
"Be the It looks like the worm is just estimated every scary thing I've seen ours just shoot up leaves from farm off. So question. We're both leads. The newly still come out this year is gonna have to just wake up. Shit, Doug. It's really hard to hear you. What is all that noise? Well, I kind of heard the question. So he has live oaks. They did push out pretty good with leaves. With the winner. Um the catkins were very plentiful. Like many with the pollen. But the Oakley for elders decimated a rate quite a bit of foliage on it, and they're hard to see, particularly when they were mixed up with those catkins. And some of them do much more damage on these trees and others, So you really have to catch it when they're feeding and doing. The damage there might be in their generation or two later in the year, so treat him if if need be. If they're feeding Um, trees or survivability. So with this deep, deep soaking of moisture that we've been getting It should flush him out and push a little bit more growth out. So if you want to lightly fertilize them. On the drip line like 1959, If you haven't fertilize your lawn for the spring Do that, when it dries down this week, put a little bit extra 1959 on the drip line. And watered in real well for sure. Keep the trees clean as possible by removing ball moss, which tends to be on the lower area where the trees stress or has deadwood so removed Deadwood. And now all oak species, for sure. Prune out Deadwood, Sellem immediately with printing paint ceilings. And if it's above your skill level, we don't want your guys on ladders or using chain sauce. I do contact a good arbors from the San Antonio Harbors Association or a good friends from Bartlett Tree experts. Thanks, guys. Thank you for calling. Sure don't know what the noises to detail R two D do. Don't let him Maybe a couple of robots out there too. And no 737 1201 803 83962 for us. Take another call before the break. Go toe. Chicago, Illinois. You're kidding me, Gene. Good morning. How's the weather up there? Very windy. Not your best. Look to be in the seventies. Today in the 80 tomorrow, All right, What can we do for you up in Chicago? Oh, I have a house in San Antonio. And you guys have been getting a lot of rain lately, and the wife wants to know if it's okay. Um Because of the ground is saturated and everything the plant on Saad draft Um, the challenge is getting it depends. You know, most of the grass comes from Bay City, Baytown, Warden County. And we want black land cut and if they're able to cut it, that's one thing because it might be too wet for them as well. Down there. See right now you want black land cut. You want fresh from the farm? It should be coming in 90% green right now. And then you'll have to make the call. If it has too much moisture in it, and they cut it. You better plan that ASAP because it was stays on those ballots. It's going to rot out quick on you. So you gotta get it Planet. And then can you walk out there and planet isn't too muddy is the area we'd freeze and raped as a level so all those have to be part of that formula. Okay, That sounds good, and also the houses in whole Lotus. What is winning the latest week? And what is the latest We can plant a tree? Bless you built pipe here. Uh, you can plant in the container trees any time of the year, okay? But if you plan them in June, July and August, which you can They're not forgiving. If you miss one major watering, you're gonna kill her stress that tree. So you know, we try to plant ideally, from mid September, T o Mai is the ideal time. So we can try to plant this month may right now is Plan Plan plan. Let's get things planted before the summer heat. Hunker down stuff before it gets too hot. Sounds good. Thank you guys very much and have a good day to thank you for calling. Thanks for the coffee this morning. Okay. Hey, John and the other John and San Marcus. Don't go away and come back and visit with you, Jerry Canyon like and we have a couple of open lines or two when I was 737 1200. 1 803 8396 to 4. You want to keep Mama happy this mother's day coming up a week from tomorrow and Wild Birds Unlimited on hitting her in Northwest military is a great place for gift shopping. I don't have her mother's day, but any time Find a mother lode of unique nature gift ideas. Bird feeders. They're always popular. Wild birds Unlimited has a lot of them, including this world proof kind. And they have garden art. They have Ren chimes and all sizes, outdoor flags, birdbaths, outdoor fountains, check out the binoculars they have and they carry the bird book died. You know you could find out what the little bird is in your backyard, Stiff cards good at 3300 and 25 locations nationwide. And the best part is you can park right through the front door. Master required to enter the store and said he even a road at Northwest Military Wild birds Unlimited. Okay, tell them Bill and Dave, since you by When I'm at home, and I want to hear what's going on in the world. I just say, Alexa play w O Ai Okay, accessing news radio 1200 w o a. I on I heart radio. No wonder they call it a smart speaker. Use radio 1200 W away. I excuse news Radio 1200 W o a eyes San Antonio. The I Heart radio station..
"$1200" Discussed on 600 WREC
"And I am Brett. Winnable in for Rush Limbaugh on the Rush Limbaugh show 800 to 822882. And in just a little bit I'm gonna share with you. One time when we all got gas lit. By the media and, of course by the progressive movement out there, But I want to go back out on the phones and continue this amazing conversation with the smartest listeners in all of radio when we go to Terry in Lake City, Florida. Very welcome to the program. Thank you very much. I'm prayers, toe rush and doing a great job, sir. Um, I work in the prison system and I don't think American people know this and I want to share this with Russia's peep listeners is that The stimulus checks are being given an issue to prisoners throughout the country. Lord alone in one week got 5000 checks to inmates, even inmates on death row in life sentences. Wow, they don't. They do not contribute to our country and our taxes. Yet our Texas paid to take care of them. And that is really irritating me. Um, How is the money Actually getting to the inmates? Is it Is it coming in on a on a card and I know I know that imprisons their commissaries of the things that you can use to spend money on. But how would they actually receiving these payments in the presence? Several ways. One is the check check will be mailed to them. And then it's sent to Ah Just sent the Central office and then it's distributed into their accounts. Wow. And you said that there are even people on death row getting these checks as well. Yes, sir. All across the country all across the country. It all started in California when they filed the lawsuit. And the judge there gave the because the wording says all Americans will get the stimulus check. They are considered Americans. It's a story that goes back to October of this past year, prisoners are entitled to covert 19 stimulus funds. And what happened is exactly what you said A California federal district judge got involved in this because the federal government was trying to stop the inmates from getting these checks getting access to these funds. And a federal district judge at a California always there, always at a California ruled that the Internal Revenue Service must send stimulus payments of $1200 to the 1.5 to 2 million state and federal inmates eligible for the relief. I mean, this is this. This is right here. This is right here. Capital Letter A number one for why we need to write these stimulus packages. Down true, the letter of the I mean, just there is no reason why you should get $100 million going to 85,000 inmates. That's absurd. That is, that is that is absurd. I do appreciate you filling us in on this. Terry. Terry is correct. I just I double checked it. It's in. It was in the U. S. A today did some coverage on it. A couple of other newspapers did as well and I'm sitting here. I'm thinking about how what do you do with the check? If you get the check, and it comes to you, you endorse it. You mail it back to your family, and then they cash it. How does how does this How does this work?.
"$1200" Discussed on KSFO-AM
"Financial advisor? Hi there. Well, I'm turning 70 next month, and I did wait for my social security. So I'm thrilled about that. Great, But I also have to Yes, I was working last year, so I didn't really need it. Have two pensions from two separate companies that are have also been appreciating and I can cash them in for annuities for about $1500 each four take the cash payout of about $250,000. Not savvy. I'm not a savvy investor, and I don't want to take a lot of risks. I'm not sure Route to take well, so it's 12 you $1200 or $1200, or lump sum of $250,000. $1500 15 1500. Okay, That's so That's $18,000 a year on a quarter million dollars. Yes, because that's a quarter million dollars is your is your lumps of them out? So that equates to what's that about? 6% a 6% guarantee re. You know, the question that always comes up for folks is if you were to take this the lump sum it will say You took the pension today. And you passed away tomorrow, would you? Would you want that? Pension or that love son to go to somebody that you care about. Where is it? Not that important, But I thought about that. That's what I thought about. But my daughter is an adult. And I have no dependent. So it's not like you know, they really need it. Well, then, then, in again, you saying that you're conservative. I mean, it keeps coming back down to look at all your numbers in there. And as much as your daughter may not need it is our grandchild is there you know, would they benefited from it at some point in time? I personally like control of my money. You know, I think when it's all said and done, I will paid three quarters of a million dollars into so security. But if I max out my benefits, I'm only going to receive $500,000 out of all the benefits that I get with it. Based on the average life expectancy is so I I like control. But if you want a sure thing, then certainly the guaranteed amount is going to give you a sure thing. It depends on how you want to live your life. If you don't want to have to stop and think about this stuff, that's really what it comes down to. This is the emotional side of things. And when we help and we guide people, sometimes we can't get over the emotional thought sides of thing. People know they're not making money with money in the bank, but they don't like the stock market. Well, okay, but you're not. You're losing money. And And what? In the money in the bank. So what would you rather have? Because depreciated. Inflation is real. And you're buying power is going to decrease over time. So this $1500 and hopefully you're healthy and happy. But this $1500 is only gonna buy you what $1000. $750.20 years from now, when your drug costs may be going through the roof. What do we got The phone lines again. Linda. Why do you need a financial advisor? I want to know that if you got a life insurance policy under these seven pay, and you came late before well, and you, you turn it in. To, um, upgrade, So you get more money for you for your policy is students a tax benefit If you put all the money that you accumulated into a new policy Before you did the seventh day. Where which qualifies you to be tax free. Sounds like someone's get trying to get you to do a 10 35 exchange to restart the clock. Um, no, You should again every contract a little bit different. This is where the devil's in the detail. Um But know that money that cash value should should roll transfer to the new policy that you're looking to buy. Without attack makes music without without without paying taxes correct that's called a 10 35 exchange. A real estate exchange is called a 10 31 exchange. So, but that's a great question. That's a great question. You know a lot of video on the financial stability of the insurance company. It may make sense to take a look at review once policies but great question. Linda Love talking to you about that more Wheeler calls ago. Gary, Why do you need a financial advisor? By Greg I bought my house in 1978. I'm still living in it. So it's game quite a bit of activity. I have a living trust. You leave my house to my two daughters and I'm hearing rumblings that they're gonna be a reassess and have to pay a revalued The attacks legs that light will they keep my prop 13 tax rate? No. Based on prop 19. We had an attorney on the show last week. Prop 19 is Require that if your daughters inherit the property, and if it's not an owner occupied property than everything above everything above your basis, plus a million dollars will be re established a new tax rate. Assuming one of them lives there If it's a rental property that is going to get reassessed, so unless you're willing to buy this coming Thursday, sign over the deed to your property, huge two Children, it's going to be, you know, subject to this new prop 19, but it's not a primary residence. If it's your primary residence, they're going to have your basis. What you paid for it, plus a million dollars was keep your prop 13 rate and anything above.
"$1200" Discussed on KOMO
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