18 Burst results for "Block Island Sound"
"block island sound" Discussed on WLS-AM 890
"Block Island Sound, it's America's Monte program. Money talk. Bob Brinker along with you and our guest author in. This segment is Adam twos. Adam is the author of crashed our decadence financial crises changed the world Adam is Columbia University. Professor and he previously taught at Yale and at the university of Cambridge. And Adam is a prolific writer. He has an a number of other books. He has written, and I'm going to mention one in particular, the wages of destruction the making and breaking of the Nazi Konami will topic will come up during our discussion. Adam, I know you're in Berlin. I know you're burning the midnight oil. So I want to say thank you for being with us. And thank you for staying up late for us. Thank you for having me on. Well, we're delighted to have you on. And I have a copy of your book in my hands right here. And it's quite a work. I wanted to ask you, why did you write this book? Well, I think as a historian it was really striking hell as the crisis struck in two thousand eight a kind of in the histories of the crisis began to be created by by generalists by economists. And I felt at some point that this was a really interesting kind of test case to show students sort of different disciplines. In fact, how history get created and having set myself to kind of read and study all the other people who bought on writing these histories of the crisis. It felt I needed to kind of pull it all together and work like that. One of the things it's always fascinating fascinated me about the financial crisis. Is the fact that. In March of two thousand eight as you well know Bear, Stearns. Gotten a lot of trouble and wound up being bailed out in the end. With the help the Federal Reserve and. With the help of a major Bank. One of the things has always struck me. Is that I mean that was a really big deal. That was a real shock wave for for Wall Street and for the Federal Reserve and. And yet it really didn't serve the value of that warning shot across the bow. So relatively soon in March of two thousand eight didn't really. Accomplish what it should have accomplished? Because all right. They bailed them out and things move forward. And and then things still disintegrated within happy year, what are your thoughts on that? Absolutely. I mean, the best bailout is one to this day of the most controversial elements really of the story because. Song at the kits of what's known as the mole has hazard point of view. I think actually argue that the willingness of the fed to step in at that moment and to broker a sweetheart deal for J P Morgan to take. Said the wrong message it made the chief executive and so on Leeman kind of picky about deal for themselves. It made them feel that they had time to cut a deal that would really suit them. So there's a real I think question Mark about whether or not that bailout as necessary as it seemed at the time because the risk was the bad would. Go bankrupt be forced to engage in a fossil bend. The huge losses would have to be recognized on other balance-sheets that bailout may have in some sense. In fact. Heightened attention in the market because it allowed Leeman ready to take you long occupancy Merrill. Lynch's well thought long about really deciding that and they needed to take action urgently. Our guest is Adam twos. Adam is joining us from Berlin has new book crashed our decade of financial crises changed the world. We take a look at what happened in September of two thousand eight. And of course, the trigger moment for the the seizing of the credit markets worldwide, and very quick fashion was the Lehman bankruptcy. We've really spent a lot of time on this broadcast over the last decade kicking around. Why the decision was made to let Lehman go. And we've thrown out a lot of the excuses that were thrown out there. The Ben Bernanke excuse that. Well, we didn't have the power to do anything which we throw out because so many decisions were made at that time on the on the fly that no rules were being followed. They were trying to save the system and yet when it came when it came to Leeman they made what I do believe was a crucial mistake. I'm not suggesting we wouldn't have had a financial crisis. But I do think it made it worse. What are your thoughts? I agree. I mean, I do think respected was a mistake. I think if we look into the record of statements by secretary Treasury Secretary Paulson in the weeks before we look at Ben banenky actions. He remained basic the Washington in the run-up to that crisis. I think there's a clear I think mood possibly even a decision early on not to do another best. In other words, not to sweeten the deal. Not to take some of the worst assets off Lehman's books also provide some kind of guarantee my own view is that on Poulsen's pop. This was really a reflection on the political price that they had paid the Bush administration had paid for the bailout of Fannie Mae, and Freddie MAC. So to my mind, this is the Republican party. Really feeding the pinch this election. Yeah, they've done a truly spectacular active intervention with a Fannie Mae, Freddie. Mac cuisine. Nationalization, and they really just don't think that they can want to pay the political price. I think for a bailout of Liman, I think then there's another question that follows on from that. Which is if one imagines them having done, the Liman, bailout, obviously that resentment that fury would have risen to an even greater pitch. I think there's a real question in my mind about if they hadn't Liman had been bailed. Whether we would ever have gotten to top whether we would ever have gotten to a comprehensive recapitalization of the American banking system, so bad as it was. And I agree with you. I think it was a mistake not to bail Eamon the effect of not bathing. The men was ready to force everyone to look I class. I'd having Luke type of the cliffs, Dan, we moved to a much more radical kind of intervention with top. And of course, there was an irony in all of this as you well know because within within just a couple of days few days of deciding not to save Lehman. And then subsequently seeing the global credit markets freeze within twenty four hours and then they're faced with. Exactly. That switch switchback is is just dizzying. And you really I think see, you know, Monday morning. They're still celebrating in the treasury that they'd had the nerve to let Lehman go swaddled talked about Poulsen's number two. You talked about it being a good day to go to work in the treasury. And then within twenty four hours with AIG on the point of failure AIG would have been in trouble. I think whether or not leaving was allowed to go bankrupt. Because it was basically just getting margin calls on the on the credit default swaps suited retina, those were going to be called whether or not Leeman failed. They there's an about face a complete change of change of mind. It's a really it's a it's a whiplash. An incredible type of decision making at that moment and our guest Adam twos. Joining us from Berlin has written a book on a vast array of topics related. It's titled crashed how a decade of financial crises changed the world. We've also debated on this program with various help from from guests the topic of of whether the Federal Reserve. Did function in the end as the lender of last resort in the financial crisis. Given the fact a that Lehman was let go and be the financial crisis was such a total disaster. What are your thoughts? No, man. I think this is the one area where one has to say that the federal the Federal Reserve it didn't just act that you don't already historic scale. I mean, he's one of the appointed functions of central banks legitimate uncontested and uncontroversial to act as of lender-of-last-resort in a situation of a Bank run. No, Bank, real even a very well. Run Bank with very solid, very solid balance sheet can survive bankrupt. That's what we have a federal deposit insurance for to prevent the positives. Running and that's what's the lender of last resort function of the central Bank is for over spectacular about what the fed did it. All right. It's not only that it lent on an enormous scale trillions of dollars in liquidity to US banks. But he did it for the banks of the world. It provided trillions of dollars of liquidity to all of Europe's banks beginning in December two thousand and seven directly to that branches in New York and then in. Indirectly by way of what a what a cool liquidity. Swap lines to the central banks of Europe, I didn't doing so it really is zero lost to the fed. With collateral at all times. So minimizing the risk of possible. It really enabled the banking system to come through this crisis. Without that. There's no back ready that would have survived eight. Why do you think Adam that the Federal Reserve receives such a huge pushback against what they did in the financial crisis? I mean, they have been demonized constantly by many in this country. I think basically because what it revealed is this profoundly disconcerting fact about the modern monetary and financial system, which is being. Literally true since the early nineteen seventies. Which is the money is not founded on any substantial basis. It doesn't have a material depending it there's no gold sitting in the Federal Reserve vaults, which guarantee the value of money money is founded on the Fiat the authority of the American state and on the confidence that he's maintained across the entire economy by faith and confidence in the sound management of the monetary system. And there is something just very disconcerting about the elasticity that that implies goes in a crisis. It's also a great advantage to have a monetary system which can expand and that can prevent the sorts of catastrophic deflation which America suffered in the early nineteen thirties, but deep down I think many people find it extremely difficult to reconcile themselves to what in the end does put huge discretion. In the hands of politicians and the officials that they appoint. Adam do you think that Mario Draghi with his whatever it takes infamous, quote did a better job? Well, I mean in the end jogging came through, but that was off the years of failing and another even more fundamental function of central banks, which is the central banks all the market maker full government debt, governments legitimate issue debt for purposes of managing public finance. The needs to be agency the stabilisers that market and the fed the Bank of England the Bank of Japan, the Swiss National Bank will provide this as a matter, of course, to that government's the ECB is placed in such a peculiar position by the constitution. And the people running it before Marietta jockey was so conservative in that conception of that agency's role that they refuse to provide that support essentially in a sustained way for the European baumbach it, and it's that stadium on that part, which essentially is responsible for the panic in the sovereign debt markets if you're at between twenty ten and twenty twelve while jogging was a. Finally, doing was saying that this point the construction of Europe, the consolidation of its fiscal consolidation of its fiscal constitution is such that. I can do what any other central Bank will always to ninety whatever it takes to stabilize the bond market. So it was very light. It was better late than never. But it really was very late in the day. Our guest is that twos Columbia University. His new book is crashed our decade of financial crisis. Changed the world. And we're taking your calls after the break for Adam on our toll free line. You can talk.
"block island sound" Discussed on News Radio 690 KTSM
"The reaches of Waikiki to the shores of block Island Sound. It is money talk by breaker here or guest dock around and Blinder a Princeton University. Former vice chair at the Federal Reserve. Well, ellen. I'm open to always learning new things. And if I'm going to learn anything, I learned from you. Here's the deal. My understanding is that at least in a rough form in a basic form that we should expect real GDP growth to come up to the sum of productivity growth and population growth. I could throw a few wrinkles in there. But basically that those should be the main ingredients from what I can recall and learning and yet here, we are we have we have population growth of less than one percent. A year we have productivity growth over the last five years averaging less than one percent a year and yet and yet right now. We have year over year real GDP growth approaching three percent. So can you help explain that to me because I'm here to learn? Sure. So first of all, you're exactly right. You probably heard the president and some of his people claim that we can grow for five six percent a year. On a sustained basis. I don't want to deny we could do that for a year or something, but on a sustained basis the potential growth rate on a sustained basis is exactly as you said subject to a few wrinkles, which we don't have to worry about right now, you can think of it as the some of the productivity growth rate and the population growth rate, and if you do the math as you just did you get a number less than two percent. And yet we grew three percent or so why what does that tell you? That tells you that we're during that period we were eating into slack that is growing faster than potential GDP. What's the symptom of that? There are many markets tighten up the most obvious symptom is a falling unemployment rate. And as you know, that's what we've seen a falling unemployment rate for several years. Now, we've been growing faster than potential for several years in a row. The unemployment rate was once ten percent in two thousand. Thousand and ten actually now with four percent, basically. Is there a possibility and the certainly would explain the three percent number. Is there a possibility that we have brought forward any growth as a result of policy? I think there is I wouldn't put too much store in that. But yes, there is. So for example, there's always inventories which fluctuates sometimes they build sometimes they decay, and but the main aspect of that the the main instance of what you're talking about. I think. Is that the attacks cuts, especially the business tax cuts that were promo that were path passed congress in December of last year, and they're effective this year. Are probably bringing forward some indefinite spending as businesses find it more attractive financially to invest the rate of return is higher because the taxation is lower. But that won't last forever. It lasts for a while. I don't wanna sound like it's only gonna last for two months or something it should last for a while. But it won't last forever. And that's in some sense. What you're talking about about bringing some of the. You put it bringing the growth forward. I would say just putting the economy on a bit of a sugar high. But they're very similar. Do you see the prospect? Well, I won't talk about population growth because that's in the dumpster, as you know, the headlines now, we're at a thirty year low birth rates. So we're not gonna talk about population growth right now believe that one, but we still have productivity is there any hope or any prospect that we could get better pro meaningfully, better productivity. So the certainly hope and why is there a hope because if you look at the long sweep of US history that productivity number that you correctly said was below one percent per annum for the last five years has averaged two point three percent per annum. So. There's always hope we go back to this Stoorikhel average now. Is there a prospect for that it's hard to see any evidence right now? It's not like we're having anything that resembles a productivity surge of oh read, the very very recent numbers have been a little bit better than that one percent figure that you cited, but not terribly bigger. So. The one.
"block island sound" Discussed on KSFO-AM
"Pro the beaches of waikiki to the shores of block island sound it's money talk by breaker along with you we thank you for joining us we do appreciate the company here on america's money program well we've been talking about inflation and inflation expectations on money talk because no question about it this is one of the major chords that investors are going to be looking at as we move forward there's no question here that all eyes are on inflation we've been looking at consumer price inflation which is now risen above the two percent level the current year over year consumer price inflation numbers two point four percent which certainly reflects a lot of things going on right now not only wage growth that also includes will the impact the early impact of the tariffs that have been placed on aluminum steal united states has placed tariffs on aluminum and steel in regards to selected trade partners there have been a number of exemptions of course what happens when you have terrorists is they function as a price increase they function as a tax on consumers because when companies for example purchase aluminum and steel and if they have to pay more for it because there's a border tax which is otherwise known as a tariff then they have to choices they can either pass that additional cost of the aluminum and steel onto their customers they can do that they can tack it onto the price of the product and pass them along to the consumer or they can reduce their profit margin and lower their profits by eating the tax increase the tariff that is themselves and reducing the company the profits now most companies to the extent they have pricing power and that's a critical variable right there to the extent that companies have critical have pricing power they can increase their prices pass it along to the consumer and protect their profit margin if they are in business that does not allow them pricing power because of other products that are on the market that that buyers will go to we'll switch to then they have no choice but to see their profit margin reduced now i should point out that at the current.
"block island sound" Discussed on WHO NewsRadio 1040 AM
"For the beaches of waikiki to the shores of block island sound it's money talk bob brinker along with you we thank you for joining us we do appreciate the company here on america's money program well we've been talking about inflation and inflation expectations on money talk because no question about it this is one of the major chords that investors are going to be looking at as we move forward there's no question here that all eyes are on inflation we've been looking at consumer price inflation which has now risen above the two percent level the current year over year consumer price inflation numbers two point four percent which certainly reflects a lot of things going on right now not only wage growth that also includes the impact the early impact of the tariffs that had been placed on aluminum in st united states has placed tariffs on aluminum and steel in regards to selected trade partners there have been a number of exemptions of course what happens when you have tariffs is they function as a price increase they function as a tax on consumers because when companies for example purchase aluminum and steel and if they have to pay more for it because there's a border tax which is otherwise known as a tariff then they have to choices they can either pass that additional cost of the aluminum and steel onto their customers they can do that they can tack it onto the price of the product and passing along to the consumer or they can reduce their profit margin and lower their profits by eating the tax increase the tariff that is themselves and reducing the company profits now most companies to the extent they have pricing power and that's critical variable right there to the extent that companies have critical have pricing power they can increase their prices pass it along to the consumer and protect their profit margin if they are in business that does not allow them pricing power because of other products that are on the market that that buyers will go to we'll switch to then they have no choice but to see their profit margin reduced now i should point out that at.
Explosion rocks Connecticut neighborhood; multiple injuries, street closures – live updates
"Hanno boy we're also following breaking news out of connecticut where this is north haven there was a barricade situation a standoff several swat team members were possibly breaching the home when it exploded oh my god so several swat team members have been taken by ambulance to the hospital after a possible explosion during a standoff this is in north haven connecticut no other information has been released but nbc connecticut reports that several cops were taken away by ambulance i'll boy then k updated throughout the night it was a boobytrapped i i don't know well if people i actually have an uncle lives in that area and it's it's just directly south of hartford connecticut almost right on the on the block island sound there and just a little bit north of milford but it is a dan patrick on the phone beautiful area that's where they do the dan patrick show milford connecticut is that right that's where the mantilla's that's in milford in milford milford that's why they go to new york so often because that's a hop skip and a jump from new york i mean literally like twenty five thirty plus dan does the sunday night football stuff and so right getting back to these raw oysters.
"block island sound" Discussed on WHO NewsRadio 1040 AM
"Degrees for your low temperature monday to a little bit of that mix early in the day then mostly cloudy and breezy forty two degrees your high tuesday day three mostly sunny and fifty degrees that's your latest newsradio ten forty who threeday weather forecast i'm channel thirteen meteorologist megan saw it is three thirty three thirty three degrees and snow here at news radio ten forty who this is money talk from the beaches of waikiki to the shores of block island sound america's money program money talk bob brinker here and we thank you for joining us let's get out to new orleans louisiana dave welcome to money talk here's a 401k a three and a half percent matching but i'm not particularly fond of the options that they have that they offer it's been a slow mover but somebody you know she's putting out four imagine the twenty and a half and it's just been slow going no not as late but before you know doesn't doesn't throw me there's no vanguards there's no fidelity's i'm glad you called david sad to hear this because it's unfortunate when you hear of employers that do not provide what we should call adequate options and obviously you don't have those but i do want to give you one comment about that three and a half percent when your wife puts three and a half percent into the matching program she is guaranteed even if she makes nothing on her investment she's guaranteed a one hundred percent return on our money right pretty good don't you think in the long run.
"block island sound" Discussed on KBOI 670AM
"Talk for the beaches of ykk that the shores of block island sound it's america's monte program mother you talked barbara here here thanks for joining us let's get off to the great ksfo radio san francisco tim welcome i bob it's great to talk to you thanks for calling what's up uh it it okay to have all your assets under one brokerage house well obviously uh one good question to ask would be what's the name of the brokerage house schwab i don't have a problem with that i would make sure that you understand what insurance and what umbrella insurance has provided if any of so that you'll know how much whose covered how much you have their three three point nine million that's a lot of money i would actually talked to i would definitely talked of the folks there and she would kind of coverage obviously though they're going to have the the sipc but she would kind of coverage many brokerage houses now have what's called umbrella coverage on top of the sipc for much larger amount some of them for tremendously larger amounts because a lot of people are in the position urine so i would talk to them and find out okay what's a situation with uh the total coverage at you offer yeah because i get a habit invested in your uh portfolio number three so y'all way they explained it to me it i've got act that go even if watt went under i still have the underlying asset that's a good start and we certainly like to hear that but it is her to your question are they providing any uh any umbrella insure since that they have purchased for the protection of any one uh or uh or not i mean i that's really the question you're asking is what kind of uh of insurance would be included in having it at a brokerage house having said that uh chuck schwab i consider truck schwab friend he's been on the broadcast with us he's been a guest and uh i think it's a great company okay gotta begi tim thank you by your i mean if you talk about people right uh you're not gonna find anybody finer than truck schwab he is a as a great uh ceo and uh he's done a fantastic job building that company from the beginning.
"block island sound" Discussed on KKAT
"This is money top and from the beaches of like he assures of block island sound is emerges money program muddy talk bob rancour along with you and of course we would like to hear from you let's get tammy on the line in illinois hello tammy yes vibe thank you for taking my call on i'm fifty five years old and i retired at age fifty three with thirty years of a pension from cook county hospital of course you uh thirty years working there in cook county illinois how much is your pension come on how much is your pension yes is not an answer how much is european what now that's okay it's like fifty two thousand a year 2000 that's minus actor and some of the no i understand i understand tammy that its taxable what are you saying that they're going to pay you fifty two thousand a year taxable yes i'm getting chrispy cring thousand a year after taxes 53000 taxes yes hey what's per month i'm already getting it is four thousand three hundred forty dollars i can figure out the answer to my question and i thank you very much tammy for giving the me the raw material that i can use to figure out that answer and what i'm going to do is simply take your monthly pension amount of four thousand three hundred and forty dollars and an annualised that and the answer is fifty two thousand and that's a gross number so they're the the number that you gave me 43 forty that's pre right rate now that that's the actual amount after that i receive and to my um into my checking every month but isn't a taxable to me it is taxable i pay federal as i do not pay state taxes so you have the uh you have these two thousand annual tension yes for thirty for thirty years of service what did you make in your final year here for i'm got over eighty thousand okay so you have pension i get eighty percent eighty percent would be sixty four thousand so i don't regularly car taking all the good duck doubt economy down quickly yell that's when i was getting at perhaps of taking deductions for something else because one of them uh yeah okay okay julia okay so all.
"block island sound" Discussed on KOIL
"This is money talk and from the beaches of like ikeda the shores of block island sound as emerges monte program muddy toook bob rancour a law with you and of course we would like to hear from you i'm scared tammy on the line in illinois hello tammy yes i remember babe her taking my call um i'm fifty five years old and i retired at age fifty three with thirty years of a pension from cook county hospital mr rashid thirty years working there in cook county illinois how much is your pension yet come on how much is your pension yes is not an answer how much is european what now that's okay 2008 year 2000 thousand khaksar down some of the no i understand i understand tammy that its taxable what are you saying that they're going to pay you fifty two thousand year taxable yes how can gonna here after taxes fifty three thousand after taxes yes okay well what's per month and getting it is four thousand three hundred forty dollars okay i can figure out the answer to my question and i thank you very much tammy for giving the me the raw material that i can use to figure out that answer amman i'm going to do is simply take your monthly pension amount of four.
"block island sound" Discussed on KOIL
"Is money job well the beaches of waikiki that the shores of block island sound is america's monte program money tar bob rinker along with you and we thank you for joining us it is great to have you with us let's get you the on the line listening to kogo radio san francisco hello dirty thank you for taking my call in so i just wanna ask now so foul i've been invested the long tell him um into sultan include the mutual sod that i'm thinking now maybe to put the longterm um game in two might daily expenses one that you state you know full cool having a day for daily use you know for the yearly youth i think liquidity certainly duty and i thank you for calling i think liquid disease is valuable and when i see liquidity i mean you certainly wanna how if you possibly can do it and if that's the way to help do it that's fine certainly wanna have money available for example you wanna have you required minimum distribution money if you have any of those types of accounts have the are indeed you want to have the money available money market funds are fine for that purpose as a holding point for example until you take it out at the end of the year uh certainly i like the idea of having a years living expenses in advance so you're not at the mercy of the market in terms of generating that kind of thing and i think that it makes sense especially in retirement it makes sense to have your income your dividends your interest capital gains coming in in such a way that it provides liquidity for you because it can provide for withdrawal at a given rate such as the four percent that we suggested be considered and it can also required acquire additional liquidity for the portfolio so that you have that year ahead in living expenses so for those reasons i do like that idea and i think it makes good sense money.
"block island sound" Discussed on WDRC
"Our radio broadcast now we have an attorney who all of you are familiar with a yes he's been with us for many many years each helped so many of you attorney barry horowitz and he's out on the road and will be and will go over it so daniel here he is well he's at a touch points ribbit of your chair berry good morning good morning denker morning brand perilly's everybody great how're are you arm doing really well well i'm going to start off with what she people known we we don't know yet because it has to go to conference committee but this tax plan that's bound its way off initially through congress which should people know about this while well adds that that's a big question i think from our point of view on at the moment people probably should just sort of sit tight 'cause you really don't know what they're going to come up with the house and the senate i still have to meet and have to work out i ought to be irons in the fire from the state tax point of view which is near you we deal with a lot looks like whatever they come up with the wealthy people in our state or going to pay very little waves stay tax unless their veer really really wealthy and estate taxes are a really interesting concept i i brought in an article because i nathan carman is back in the news now you may remember that he is the gentleman who whose won't whose mother passed away on a boat i he was out there in the water somewhere in block island sound and then he was somehow rescued he was with his mother but his mother was not able to be rescued and it's really hard to tell what really happened to his mother and they're still investigating oh yeah he was investigated for murder mr carman the sun and he was also investigator for murder of his grandfather uh john chicao us he was a resident of windsor and he died in two thousand and thirteen and the interesting thing about his the state is that he had he was very wealthy hadn't state.
"block island sound" Discussed on WLS-AM 890
"Block island sound it's america's money program money talk grinker here in our guest in this segment is nationally recognized tax at spurt and spokesperson for jk lassiter barbara wealth mun barber it's great to have you back thanks for joining us oh i love dan with you you know it well we've we've done it more than once it's not our first rodeo is it now barbara welcome is our guest and of course we're going to be talking about the two thousand your two thousand sixteen income tax return no him he doesn't seventeen return a that's correct we're going to be talking about i must i must have gone into a time machine there uh we're going to be talking about your two thousand seventeen income tax return and that has to be filed by wind barber well you don't have to file it until april seventeen th of twenty eight john or you can get a sixmonth extension and you don't have any really but it's good to think about some yearend actions that can positively affect what you're going to pay yes so we're going to talk about that for sure absolutely for sure and uh i might point out to our money talk listeners that a barbara has been honoured by the wall street journal as quote the guru of small business taxes unquote how do you feel about that honour well it's a good titled to charter look and of course the k lesser small business taxes two thousand seventeen is celebrating its 23rd year we should point out edited that an 18 a david foul 25 years it's really hard to believe that's right two thousand eighteen addition yeah that's amazing truly amazing so much to talk about will take right to it firstly i just want to get your opinion as a nationally recognized tax expert in particular of law all of this tax talk we're hearing out of washington this tax bill what do you think well having just read through the uh what the hague past and looked at what the senate was considering it's a little overwhelming it's a lot of changes if it comes to.
"block island sound" Discussed on KKOB 770 AM
"But the beaches ykk to the shores of block island sound as money program money talk wlob rinker here in our guest in this segment is nationally recognized tax expert gene spokesperson for jk lassiter barbara wealth mun barbara it's great to have you back thanks for joining us oh i love the in with you you know it out well we've we've done it more than once it's not our first rodeo is it now it barbara welcome is our guest and of course we're going to be talking about the 2000 you're two thousand six t e an income tax return no he doesn't seventeen return i that's corral we're going to be talking obtained i must i must have gone to a time machine there uh we're going to be talking about your two thousand seventeen income tax return and that has to be filed by wind barber well you don't have to file it until april 17 of twenty 18 or you can get a sixmonth extension uh you don't healthy bought it's good to think about some yearend actions that can positively affect what you're going to pay yes we're going to talk about that for sure absolutely for sure and um i might point out to our money talk listeners that a barbara has been honored by the wall street journal as guru of small business taxes unquote how do you feel about that honour barber well it's a good titled to try to live up to and of course the jk lesser small business taxes 2017 is celebrating its 23rd year we should point out yeah the truth at an eighteen addition is it's almost twentyfive years it's really hard to believe that's right the 2013 addition yeah that's amazing truly amazing so much to talk about will get right to it firstly i just want to get your opinion as a nationally recognized tactics word in particular of o all of this tax talk we're hearing out of washington this tax bill what do you think well having just read through the uh what the half path and looked at what the senate was considering it's a little overwhelming it a lot of changes if it comes to.
"block island sound" Discussed on WPRO 630AM
"Going to have to assess the damage now the island taking its first directive from a categoryfour hurricane in 85 here's this is maria came very near the capital's said one that is where cnn meteorologist derek van damme has more and the stories been out in the storm that topography of puerto rico has done a number on hurricane maria it's actually squeezed out the available moisture to it we lost that moisture sourcing the ocean now the i as moved over land now we're starting to see that this center of the storm kind of collapse in on it and that's good news because that means this storm is he eventually going to start to weaken before eventually exiting off into the ocean but again that is correspondent eric van damme as he reports this morning from san juan puerto rico here in new england the effects of hurricane jose than minimal ferry services against spended o'clock island rough seas storm out on block island sound the head of mexico coast national civil defense agency says at least two 25 people now known to be judged thanks to the magnitude seven point one earthquake on tuesday before the known dead or in mexico city cnn is reporting rescues are underway at school that collapsed in the earthquake they're going to lease 25 students and teachers who killed as a result of that school collapse seen in the earthquake in mexico the deport daily news is reporting that the next generation of roadwork signs not going to have the governor's name on them one of the leaders of the successful efforts to remove the tolls on the sakonnet river bridge she questioned the legality of the governor's name be non those signed seven million dollars kotak out what the paper are going to be up here great reimburse the department of transportation's john mccain of its just a moment ago was wpro's tera granahan he says he like to see all of those signs roadwork signs the tout both future and past work done on the roads he'd like to see them taking it down hunting there's big trouble for the ceo of kaby homes jeffrey metzker caught on audio and a profane exchange with this neighbour in los angeles it neighbor just happens to live with kathy griffin huffington post chain the video among other things a c o calls group for a bald deal word which is derisive reference to.
"block island sound" Discussed on KSFO-AM
"For the beaches of waikiki to the shores of block island sound bob rinker along with you thanks for joining us let's get out to atlanta the home of the great wyay fm money talk atalanta now it is your turn welcome hi bob bob you just want you to know that you made quite a bit of money for me when i lived down scottsdale arizona during the banking ninety two to two thousand in three and i left arizona two new moteir to georgia and in two thousand eight i left the walk before the crash and then i have been reluctant ongoing back in i have a certain amount of money invested in stocks will still but i have quite a bit of money lane block now at financial advisers recently telling me that i should be cutting corporate bond opan phones and i don't believe in them and i would browsing cruder radio one day and i come across you and i couldn't believe go to your voice and ice normally guy i got off break it back well actually actually al you've never lost me because we were on the great care care kathan and radio phoenix where you probably were listening in scottsdale for many years yet and now of course we're on the great wyay fm atlanta we're delighted that you have found our program and the lighter to have you back with us i would say this that the number one concern that i would have and listening to you yes is your tolerance for risk whether i have risk tolerance because the stock market is certainly a place where there is a level of risk and there's a question as to whether you really want that well i i.
"block island sound" Discussed on WPRO 630AM
"Painting well i am oh but news far welcome back it's ten thirty eight that's a very cool song when you back and listen to it billy joel they say block island sound rid of the front of the top prisoner block island sound someone who i met years ago through all the gang on the block island sound in the block island sound on the block island sound o on the block is todd korea who gashi does a lot on the water with the fishing industry and we spoke to him i'm going to say let me just go with february i believe maybe even januaryfebruary in the beginning of this year he had a story that we were following the state of trailer trash in the oceans tape and to the best of my knowledge we did the story he could not get anywhere at the registry he had this trailer and i'm going to let him walk through the story but tom we have been talking about the registry quite a bit with the new reservation system and he said you know i i did get some i did get somewhere from what i remember he was trying to register a small boat trailer at the dmv and they they wouldn't take his money and we thought it was so odd and he also as a writer so i wanna bring on todd korea a blast from the past hey tied good morning guys are good morning your trailer trash dmv story i tell us how it all came about you've a weekly newspaper column called fish wrap correct i do i you and you've had this for how along uh i'd been with the other rhode island new irs or the come up for years old okay courtyard and it wasn't the winter right when we first you you pointed out to me i've got this trailer i'm just trying to register at the dmv and i can't get anywhere correct although this goes back up almost a week a about.
"block island sound" Discussed on KKOB 770 AM
"Though the beaches of waikiki to the shores of block island sound of merck as monte program money talk barbary career in our guest in this segment is malcolm frank the co author of what to do when machines do everything how to get ahead in a world of artificial intelligence algorithms bartsch and big data malcolm frank our guest malcolm we thank you for your times great to have you with us a great to be here well i can imagine how much effort went into this work caribbean with the pollrigging and been praying tell us why y you wrote this book we wrote the book because it cleared inguri big going on and you look at a billion users with a walking into a work and how we're all youth being very good gp looking and most importantly we looked at the value we thing of the book apple amazon with google that have been raging in creating good work well briefed on wall street and they've all got metric record they're all have artificial intelligence epoch worker and we're looking at that that was an interesting story to begin with but if you're directly from bear in recognize how he'd given them our educational system our health care system the.
"block island sound" Discussed on KKOB 770 AM
"Com next thing hi it's part of this chamber of commerce on news radio kkob this is money talk and well the beaches of waikiki to the shores of block island sound it is america's money program on the dog and our guest in this segment is muhammad l area and author of the only game in town now out in paperback and i'm and again we thank you for your a we're uh very happy to have you with us as our our listeners and we're going to get to the phones one eight hundred nine three for twenty two twenty one you can talk directly to dr el area and huron money talk in this segment well congratulations on your promotion muhammad you're now the chair of the federal reserve the pathetically of course hero money talk for the day as chair you certainly followed the discussions of chair janet this past wednesday in your well acquainted with our current view would you be doing the same thing or do you have any new ideas pre hangs one and in terms of what i would say publicly which is that the federal reserve is committed to slowly and carefully norman life interest rate and reduce hispanic and sheet so people should expect wage to slowly go up who i would actually do that and i think that the timetable that china yelling at her colleague have had our if an appropriate one the third thing and i don't know whether they're doing it or not that i will be visiting capitol hill a lot i would stress the importance of a policy handoff home excessive reliance on the fed to a broadbased economic policy response and i would explain why very simple medical terms i explained that i konomi is structurally impaired in terms of crow it can walk but i cannot run that it needs some serious attention and that all the fed can do is provide a painkiller and we all know that if you rely on painkillers for too long your whisk becoming part of the problem welcome in part of solution so the third thing i would do and i'm not sure whether they're doing it or not i hope they are is that i would have lots and lots of visits to senators and representatives then explain to them the importance of a policy.