35 Burst results for "Eighty Nine Percent"
January 2021 Income Report For Entrepreneurs on Fire
"J. l. d. here with the january twenty twenty one income report for entrepreneurs on fire. Our gross income for january was a hundred and ninety eight thousand six hundred fifty seven dollars our toll expenses. Were just a hair over. Twenty one k for total net profits in january of one hundred seventy seven thousand five hundred and ninety nine dollars for a crazy close difference between january and december of negative one thousand and twelve dollars in giving us a percentage of net profit over gross revenue of eighty nine percent. We almost that magical in almost unhittable ninety percent plus mark which we've only done twice in eight years
Budget deficit totals record $735.7 billion through January
"Hi Mike Rossi a reporting the federal deficit hits a record totals through January with the pandemic induced recession cutting tax revenues and massive covert relief outlays the deficit for the U. S. government for the first four months of the budget year hit an all time high for the period the treasury department reported Wednesday a federal deficit of seven hundred thirty five point seven billion dollars since the budget year began on October first that's an eighty nine percent hike in the shortfall over the same period a year earlier the report shows spending through the first four months of the budget year hit one point nine two trillion dollars an increase of more than twenty two percent over the previous year Mike Crossey up Washington
Fisher Vs. Keynes: Investing Tragedy And Triumph
"Irving fisher was born in eighteen sixty seven in the town of saugerties. New york got his phd economics from yale in eighteen ninety one and for most of his adult life he enjoyed this almost unparalleled streak of success. Yeah not just as a great economist but also as an entrepreneur and investor. Tim harford is the author of the data detective. A new book that includes a chapter about irving fisher. He was the basically the inventor of what we now call the rolodex card filing system. That made him a multimillionaire. He was a diet and fitness expert. He published a book called how to live which was the freakonomics of its day. Only sold five hundred thousand copies. He set up the life extension institute. He was a campaigner on prohibition. He was a vegetarian. Assist an astonishing a prolific campaigner and thinker and he made a lot of money in the markets for a while as the stock market in the nineteen twenties was going up and up fisher was investing more and more money into it in fact even though he was already investing a ton of his own money he was also borrowing even more money to invest in stocks so that he could boost his returns fisher was just supremely confident about his forecast that the market would keep going up confident both in his own intelligence and also in the possibility of using data and statistics to predict the future. So that's where irving fisher was right before the crash of nineteen twenty. Nine john maynard. Keynes the other. Great economists of the era got there a little differently. Canes was definitely already considered one of the great economic minds of the time and just like irving fischer canes knew. He was the smartest guy in every room. He walked into same. Yeah me too something. We all share with gains right. But unlike irving fisher john maynard. Keynes had gotten some things wrong. By that point he had been humbled by the market before he had an early investment fund immediately after the first world war that just went went bankrupt and it was fine canes raise more money went back into the market. Got everyone's cashback. Everyone lived happily ever after but he had that experience going. Oh yeah. I thought i was smart on the market. Maybe i'm not smart on the market when the crash of one thousand nine hundred nine arrive. The stock market collapsed more than twenty percent in two days and within three years it had fallen more than eighty nine percent from where it was before the crash. Both and john maynard. Keynes lost a lot of money on their investments in the crash but there is a huge difference in how they responded so after the crash fisher kept doubling down on the same investments. He even kept borrowing money to invest in the same. Losing stocks for example fisher owned stock in a company called remington rand and right before the crash remington rand stock was at fifty eight dollars share but after the crash of two three months it was twenty eight dollars. A share and fisher was borrowing money and buying more shares at twenty eight dollars for years into the crash. It was one dollars a share. That is how to be a millionaire. Lose everything maybe fisher believed that his precious data just could not be wrong or that he could not be wrong or that. His self worth was tied up in this idea that he was right. Whatever the case he couldn't change his mind and he lost everything. Canes was different kane street at his failures as a chance to learn a chance to improve his process up to the crash he'd been investing based on his ability to predict the ups and downs of the whole economy. But after the crash he decided that that was just too hard to unknowable so he changed his strategy to investing in companies that he believed had good management and he thought would go up over time no matter what the overall economy was doing. Canes made a fortune for himself and for the endowment of king's college us money he was managing one of the things he said when he was trying to raise money from his own father was win or lose. This high stakes gaming amuses me. That's that's just an amazing linked to say when you're trying to persuade someone to give you money and yet in the end it helps because he just didn't take it so personally for the past few decades. A psychologist named philip tat. Lock has studied the behaviors that lead to better forecasting being very precise predictions constantly. Checking to see if your forecasts or proving true and updating your forecast if they are not true all of these make you a better forecaster. But tim says if he had to summarize. All of this research on a bumper sticker. Full cost is better when they recognized. They might be wrong and they are asking themselves. What am i missing. What perspective having tie considered. Who haven't i talked to that sort of almost paranoid suspicion that you might have messed up. And the willingness to change your mind that leads to much better forecasting you know it sounds so obvious. Just be able to change your mind and yet in practice. People really struggle to change their minds especially about their deeply held beliefs. That irving fisher could not change his mind and john maynard. Keynes could ended up making all the difference in how they lived the rest of their lives a few months after the second world war at fissuring canes both died fisher was alone and nearly bankrupt hitting bailed out by his millionaire sister-in-law and he'd completely lost his reputation as a result of his failed forecast. It's such a tragic end to a great career. Canes died a millionaire the most famous and celebrated economists on the planet and there is a quote that sometimes gets attributed to canes that. Tim also likes to remember him by. He probably never said it but he lifted which is when the facts change. I change my
Novavax vaccine seems effective against COVID-19 in UK study
"Another drug maker says its covert nineteen vaccine seems effective Maryland based Novavax says the vaccine appears eighty nine percent effective in early findings from a British study though it's not quite as effective against the virus variants spreading in the UK and another in South Africa the US now has its first two cases of the south African mutated strain both in South Carolina in adults with no recent travel history health officials say it's almost certain there are more infections not yet identified the Novavax announcement comes amid worry about whether existing vaccines will be strong enough to protect against the variance would seem to spread more easily Sager mag ani Washington
Phone addiction not driven by notifications, study finds
"All right. Let's talk a little more about why you're always picking up your cell phone scott. Some subsides right studies. That's good because i've been wondering what the heck i'm doing a study of smartphone use by the london. School of economics and political science found that eighty nine percent of phone. Interactions were unprompted while the remaining eleven percent were because of notification so some people just picking up the phone to look at it thirty seven percent. Sorry thirty seven participants in the study in the uk. Germany and france were cameras to record their phone. Interactions users spent less time their phone when they were home with other people and the most time when in public transport trains that sort of stuff. The study indicates more research is needed about why people interact with their phones. And how fascinating. The common sense is that. It's all those notifications you get you get barraged with your notifications. Just turn off your notifications reduce your screen time. Apparently not this to me this this entire thing. Mimics my cova lockdown time. I took my time from march until now has been marked with these moments of me going. Why am i looking at my phone again. What am i doing here. I don't need to be here and not because of some notification. Still get those. But it's usually maybe you on slack or it's you know somebody else my mom trying to get a hold of me or something like that and i'll respond to those but most of the time it's just megan. The world's weird. I'm kinda tired. And i think tick tock will take my mind off of it and it's a lot of those interactions way more than before march for me. So more study is needed as a obviously. But i'm really curious about how this how this all pans out if they talked more people around the world. I'm a minimal notification person in fact there are lots of apps that will send me a notification. Every once in a while. I make what to. How did i not turn that often settings already like and i go in and no you don't need to you don't need to ping me about this sort of thing. I'll i will come to you if i want to. But i have found. We've talked about this on the show before because the whole smartphone mobile phone mobile device. Anything that is easy on the go is just not something. I need all that often. I mean sure. If i'm at the dog park i might look at my phone and just make sure i'm not missing anything but i don't really go anywhere so when i'm at home. The phones always near me. You know it's rings but then you know. My laptop brings to on face time i. I'm using my laptop. Almost exclusively even something like talk. I look at my for you page on my laptop because there's just more area and it's easier to it and all my messages. Are there anyway and there are very few things that i can't do on my laptop that i feel like on a regular basis and i don't think that that's just oh because i i don't leave the house anymore. I am now just so less. Used to be an on the go being in transit for example. You know someone's standing on the subway forty-five minutes. Yeah you're going to be looking at your phone now. I'm so not used to it that now. I'm sort of like. I don't look at that. It's just a smaller version of my computer. I don't do notifications ver. I very much limit notifications myself. But i still use my phone a lot so i think what the study is showing is that people don't realize when when they're picking up their phone they're picking it up absent mindedly. A few study participants were were kind of shocked when they looked at the video. And like. I don't remember doing that. I don't remember picking up the phone. I don't remember why did it There's been some other studies that show that psychologically when the phone is in the room with you even if you're not looking at it you think about it it reduces your attention level on other things because it's kind of pulling at you. This is another another study in those planks of what in effect phones are having on. Our mental state at the word addiction gets thrown around a lot. And i'm not sure if it's exactly appropriate or not because it carries a whole lot of clinical meetings. That are complex. But there's certainly a poll to having that phone there and this is another study that shows that
Phone addiction not driven by notifications, study finds
"Let's talk a little more about why you're always picking up your cell phone. Scott some subsizes right studies. That's good because i've been wondering what the heck i'm doing a study of smartphone use by the london. School of economics and political science found that eighty nine percent of phone. Interactions were unprompted while the remaining eleven percent were because of notification so just picking up the phone to look at it thirty seven percent sorry thirty seven participants in the study in the uk. Germany and france were cameras to record their phone. Interactions users spent less time their phone when they were home with other people and the most time when in public transport trains that sort of stuff. The study indicates more research is needed about why people interact with their phones. And how fascinating. The common sense is that. It's all those notifications you get you get barraged with your notifications. Just turn off your notifications reduce your screen time. Apparently not this to me this this entire thing. Mimics my cova lockdown time. I took my time from march until now has been marked with these moments of me going. Why am i looking at my phone again. What am i doing here. I don't need to be here and not because of some notification. Still get those. But it's usually maybe you on slack or it's you know somebody else my mom trying to get a hold of me or something like that and i'll respond to those but most of the time it's just megan. The world's weird. I'm kinda tired. And i think tick tock will take my mind off of it and it's a lot of those interactions way more than before march for me. So more study is needed as a obviously. But i'm really curious about how this how this all pans out if they talked more people around the world. I'm a minimal notification person in fact there are lots of apps that will send me a notification. Every once in a while. I make what to. How did i not turn that often settings already like and i go in and no you don't need to you don't need to ping me about this sort of thing. I'll i will come to you if i want to. But i have found. We've talked about this on the show before because the whole smartphone mobile phone mobile device. Anything that is easy on the go is just not something. I need all that often. I mean sure. If i'm at the dog park i might look at my phone and just make sure i'm not missing anything but i don't really go anywhere so when i'm at home. The phones always near me. You know it's rings but then you know my laptop brings to on facetime i. I'm using my laptop. Almost exclusively even something like tiktok. I look at my for you page on my laptop because there's just more area and it's easier to it and all my messages. Are there anyway and there are very few things that i can't do on my laptop that i feel like on a regular basis and i don't think that that's just oh because i i don't leave the house anymore. I am now just so less. Used to be an on the go being in transit for example. You know someone's standing on the subway forty-five minutes. Yeah you're going to be looking at your phone now. I'm so not used to it that now. I'm sort of like. I don't look at that. It's just a smaller version of my computer. I don't do notifications ver. I very much limit notifications myself. But i still use my phone a lot so i think what the study is. Showing is that people don't realize when when they're picking up their phone they're picking it up absent mindedly. Few study participants were were kind of shocked when they looked at the video. And like. I don't remember doing that. I don't remember picking up the phone. I don't remember why did it There's been some other studies that show that psychologically when the phone is in the room with you even if you're not looking at it you think about it it reduces your attention level on other things because it's kind of pulling at you. This is another another study in those planks of what in effect phones are having on. Our mental state at the word addiction gets thrown around a lot. And i'm not sure if it's exactly appropriate or not because it carries a whole lot of clinical meetings. That are complex. But there's certainly a poll to having that phone there and this is another study that shows that
Phone addiction not driven by notifications, study finds
"Study of smartphone use by the london school of economics and political science found that eighty nine percent of phone. Interactions were unprompted while the remaining eleven percent were because of notifications thirty-seven participants in the study in the uk. Germany and france war cameras to record their phone. Interactions user spent less time on their phone when they were home with other people and the most time when they were on public transport. The study indicates more research is needed about why people interact with their phones.
Houston's rate of unsolved murders is soaring. Experts say the police department is to blame.
"We're also learning more about a newly uncovered internal audit from the houston police department. That oughta chose a big drop in the number of homicides department solves according to the houston chronicle the audit shows that investigators solved about eighty nine percent of homicides and twenty eleven by may of this year that number had fallen to forty nine percent. The department has been losing some of its experienced. Investigators and managers
The Cider-Sipping, Mitten-Wearing Guide To 2020 Holiday Movies
"Guys it's my d-. I work with amy on the bobby bones show. I'm a head writer and producer over there and also have a podcast in my own called movie. Mike's movie podcast or all. I do is talk about movies. I explore movie topics. i do. Movie reviews and sometimes bring on actors and directors to talk about their movies. So what i wanted to bring to. This episode is my holiday watching movie guide so i have five different categories with five different movies. You can add to your watching playlists. I know it's only november. But i feel like we've pretty much gone straight into christmas holiday mode right now so these are some great movies to go ahead and put on your list in the first category. Let's go with the favorite old school classic. And i'm to have to give it to the original. Og christmas movie. A christmas story from nineteen eighty-three. It's a movie. Probably all grew up watching and at this point we can kind of just have it on in the background and it just gives us that christmas feeling. They're just so many classic moments in classic quotes from this. A christmas story also had the eighty nine percent rating on rotten tomatoes. It's not available to stream anywhere right now but if you want to rent it. It's on amazon for three ninety nine. And then if you have cable subscription service you can usually catch it on pbs or stream. It their on demand. And i feel like when it comes to having a classic. You can't go wrong with the christmas story. Only i didn't say fudge. I said the word the big one. The queen mother of dirty words dash dash dash next up. I had the category of the best modern classics. So i feel like this is a movie been around long enough but it's still relatively new and it's a movie now. That actually came out seventeen years ago. So i feel like it's so far stood the test of time and i don't really seeing any point to where this movie will not be a part of my christmas and if you haven't seen it at this point well i don't know what you're waiting for. I don't know where you've been in the movie. I'm talking about is l. It has eighty four percent rating on rotten tomatoes. It's currently not available to watch anywhere for free but you can read it on amazon for three ninety nine and if you happen to have a stars direct tv subscription you can watch it there. And the thing. I love about this movie that everybody i talked you kind of has their own favourite part of the movie. My favorite part is when buddy the elvis. I leaving to go find his dad and he's saying goodbye to everybody to hope you find your dad. Thanks in our wall. All right the next category is the unconventional christmas movie. I think every year people had a debate on what is an isn't a christmas movie. Several different movies kind of fit into this category. But one i feel that kinda gets left out in the discussion. Every year is harry potter. And the sorcerer's stone now all throughout the harry potter series. I feel like christmas is a pretty big part of it. And not only that. But i feel like christmas scenes. In harry potter are just some of the most magnificently done christmas. Any christmas movie. And i don't know why they get left out of that conversation. The bad thing about the harry potter movies is they are pretty much taken off of any kind of streaming service and you can really only rent them on amazon for three ninety nine but the first one does have eighty one percent rating on rotten tomatoes. If you haven't seen it yet. And i know overall christmas is pretty small. Part of the entire franchise. But harry potter at one point does get the visibility cloak as a christmas gift and therefore i'm dubbing get a christmas movie christmas happy christmas next category. I wanna do favorite rated r. movies. So this is christmas louise for adults so kids. If you're listening you can't watch these movies and parents. I feel like these were made for. Maybe some of us. Who don't necessarily enjoy christmas movies. And just want something to make you laugh. That just has a little bit of christmas in it. Because i know sometimes christmas movies get a little bit cheesy and my all time. Favorite rated r. christmas movie is bad. Santa it literally makes me laugh out loud. And i know it's incredibly rajini incredibly inappropriate. But i love billy bob thornton and even in the crudeness and the rudeness of this movie i do feel like it has a lot of heart and if he can get through the dirty jokes and the bad language you do find a pretty nice christmas story here and bad. Santa has a seventy eight percent rating on rotten tomatoes. And as of right now you would have to pay to ninety nine to streaming on amazon. But i know once it gets closer to christmas. It has popped up on netflix. Maybe check for it. There later was gonna make some sandwiches. I could make you one before you leave. Okay maybe some sandwiches harshest. You want the usual amount. Just whatever you think. Okay right in the last category. I want to get to is a favourite new christmas movie. And i'm gonna go with the holiday. Would you can watch now on net flicks and a little bit of a warning. It is kind of raunchy and crude. Just like the bad santa movie but if you're into movies like bridesmaids or the hangover i feel like it's kind of in that category so it's emma roberts and luke bracy who is australia and he's kind of like the kmart version of chris hemsworth and they come up with this plan to be each other's dates for only the holidays. So let's be only time they ever get together so it starts at christmas goes through all the holidays in the united states and then ends up back at christmas and if you guessed at home that they ended up developing feelings for each other throughout this plane to be each other's holiday. Will you guessed correctly but again. That doesn't spoil. The movie is basically in the trailer. And it's basically what every kind of cheesy romantic comedy. Christmas movie plot is about. But i think overall this movie just makes you kind of turn your brain off and enjoy a nice holiday movie. And isn't that what we all need right now. All right. that's your holiday movie guide if you enjoyed that segment and want to hear more about movies to check out my podcast movie. Mike's movie podcast. Just search movie mike. Wherever you're listening to this right now
Why Mitch McConnell is unstoppable
"The reality is in the Senate right now, it takes just simple majority to advance any presidential nominee Paul Kane is the senior congressional correspondent for the post whether it is to some random commission overseeing the Great Lakes or the Supreme Court of the United States of America, and that has left the minority party with very few options. The reality is that there's not a whole they can do. and. What are some of these theories that we have heard of that Democrats could do or that people think the Democrats could do right now oh, there's this thought of if you impeached someone anyone bill bar or in the trump again and sent to that resolution across the capital that it would instantly stop all other action and forced them to hold an impeachment trial. You know I got an email from a reader asking about they could just deny unanimous consent blocking unanimous consent is something that blocks the action from taking place and basically would make the voting process go much more slowly. Yeah. But there are provisions. Already in line for how to deal with those things, you file something called a cloture motion. That's the that's the way you blocked a filibuster defeat filibuster and yes, it'll take three days to overcome that process but think of it this way if there really were away for this minority party to block this Supreme Court nominee then Mitch McConnell would have thought of it in the eight years that he served as minority leader and was considered the obstructionist in chief. He was considered the greatest structure in the history of the Senate blocking Brock Obama at every possible way if there were ways for digital block Supreme Court. Nominations of Sonia Sotomayor and Elena Kagan from the minority position McConnell would have done it but he couldn't do it, and then I've heard these ideas that potentially if Democrats were to win control of the Senate in November, and if there were to be a Democratic president that there's this idea, you could pack the court afterward, you could just change the number of justices that there are on the Supreme Court and increase them. So you could have two more. Democrat appointed justices or you could have four more. Well, that is a the that is something that can legitimately be done in the legislative process. There was no. Foundation in the constitution that set the number of surpreme. Court justices at nine. It started with six justices the chief and five associate justices an grew over the years and you know to be sure you know the considered the greatest Democratic president of all Franklin Delano Roosevelt tried in the nineteen thirties to pack the court and very infamous way and eventually was shot down and the reality is if Democrats were to go through the couple year process of adding justices to spring court that would immediately be met in return with Republicans. Next time they have the power and you know we just would go back and forth by. In twenty years, we might have twenty one justices and also probably need support from actual democratic leadership, and this seems like something that Congressional leadership isn't that interested in something that Joe Biden has said that he straight up doesn't think should happen Yeah Biden had got a little bit cagey the other night when he was asked about it in a local interview I think it was in Wisconsin and he basically said that he didn't want to answer the question because of the answers the question. Then that's GonNa change the. Discussion and what Democrats are trying to do right now is to avoid these. These are processed fights. I know that there is a bigger bigger goal at hand here in terms of overall policy and how that policy is reviewed at the supreme. Court. But most of the public tunes this stuff out because they, they hear things about over Republicans are being hypocrites and well like eighty nine percent or more of the public says, yeah, they're all hypocrites no big deal and they really want to try and focus this fight politically. On, what the impact of trading in Ruth? Bader GINSBURG. The most iconic liberal justice of the last twenty five years for a very staunch conservative jurist like amy, Coney Barrett like that is the biggest ideological jump that the court would have seen since thurgood Marshall was replaced by Clarence Thomas They WanNa make this fight politically not about these seemingly random efforts to put more justices on the Supreme Court and they want this fight to be about the impact on the affordable care act on voting rights on clean air clean. Water
Sheryl Sandberg On Facebook and Elections
"Last week John spoke with Facebook Coo Sheryl Sandberg Zoom Call, and we've got their conversation for you as an extended show today. John Obviously people know Sandberg as Facebook, Coo. But what else should they know about her? She's very well known in the tech industry, but also in in circles of leadership in advocacy for women in leadership minorities, leadership But yeah, the most visible role she plays as the number two to mark facebook in that has been enrolled. That's been developing over more than a decade and prior to that, she was a in early employee at Google and played role in the Clinton administration as well. Of course, there's been a lot going on facebook and we've reported on it along the way, but they're kind of always as. So. Why talk to San Merck now it's been particularly busy summer and there was a lot to talk about on the call. You know you've had this advertising boycott. You've had a lot more questions about their willingness to police hate speech and and make sure that civil rights are being protected on the platform You've also had this run up to the election and a lot of focus on small business and what they can do during a pandemic both to stop the spread of misinformation and help small business stay afloat. Cheryl's also well known for her foundation Leinen, and at the time that we talked, it was a black women's payday and Kamala Harris had just been tapped as the vice presidential candidate for Joe Biden. Leinen had just done this study that pointed out some things that are fairly obvious. But maybe we didn't realize how cute the problems really are, and that was related to advancement opportunities for minority women in Business both leadership management opportunities just their ability to move forward in their careers. Here's what she told us the data's incredible right now, men are doing a lot to men are doing an average of fifty hours a week of childcare and housework. That's something. We've never ever seen before women doing an average of seventy one. And Black Women and women of color doing even more that GOP is twenty one hours and single mothers, many of whom are of color but single mothers of all backgrounds are doing twice as many hours per week caring for elderly or sick relatives as well and doing a great majority of childcare and we know that all of these numbers hit women who were core hit poor families harder than wealthier families across the board. But even amongst the elite, what you almost always see is the average woman even if she's working full-time is doing a lot more in the home than the average man and that is a big part of what happens to us in the workforce. Until we get to a quality in the home, we're never getting to a quality in the workplace and that has become even more urgent with coronavirus. These are all important issues to the Wall Street Journal, we cover these things all the time we've been covering them aggressively and comprehensively, but we could only manage to get so much in today's episode. So with the issue at hand is clearly. The election and facebook's huge role to play. They're given what happened in two, thousand, sixteen and expectations in the twenty twenty and that's the part of the conversation we wanted to share with listeners today. Thanks John. A couple of things. We should note here this was a video call. So it's got that feel to it and it was recorded last week we've got that conversation after the break. Robotics, artificial intelligence augmented reality. The future is here listen to tomorrow today with the Wall Street Journal's future of everything the podcast that takes you to the frontlines of science and tech and shows you what's coming next. Look ahead. What do you hear? The future of everything from the Wall Street Journal Subscribe Wherever you get your podcasts. I want to set the context of you know of the problems and our criticisms aimed at your company, not just Sheryl Sandberg the executive, but the user of facebook is well I I. I have to assume that you're not just running a company that you're using the product. The company faces a Lotta Chris the you know. The the frustration about incentivizing the you know spreading misinformation allegedly incentivizing that extremely provocative in hateful speech that that gets through and get seen sometimes gets pushed up in our news feeds. The suspicion facebook is still a place for unwholesome characters and actors can manipulate the system in use misinformation to get results that they're looking for etc.. Nah Not. Not so much yet about the solutions that you guys have put in place in the learnings but how do you feel today about facebook is a place against the backdrop of those criticisms so we do face a lot of those criticisms and anytime you have a platform as large as ours you know three billion plus people on it many many of them daily. We have huge responsibility. And I think that is a responsibility that we really had to grow into. When I look at this election, we are a different company than we were in twenty sixteen and we are going into this election in a very different place in touches on all of the issues that you you're talking about. So let's go back to answer your question to twenty sixteen if you think about the election in two, thousand sixteen. We obviously had systems in place to defend against attacks from other states. But what those normally or thought of what we thought of them I think everyone of them was. People with hacking steal your data, remember the DNC emails remember Sony. That was basically what state actors did, and we've had very good systems in place in great defenses there what we completely missed in two thousand sixteen was not going in and stealing your stuff. But was going in and writing stuff. Fake host trying to get audiences to believe things in ways that you were representing. That's what happened with Russian interference and we completely missed it. So did the FBI. So did every government of the world? That is just not true when you think about the election in twenty eighteen and you think about being election today. We now understand this threat and are deeply engaged in working on it, but we're also not on our own homeland security has a department on miss the FBI has a task force on this in two thousand sixteen we call these groups coordinated inauthentic behaviour. So coordinated authentic like we saw the Russian fake posts in twenty sixteen, we took down networks we'd never heard of it twenty seventeen we took down one. In. The last year we took down over fifty. We now do these. So often at people used to write stories, we've Allah publicly. No one even does does that mean we're going to catch every single thing I will never claim that we will always have every single thing the services big. But does that mean we're in a very different place going into this election Absolutely. And one retake really seriously. We're also trying to get even more proactive on the good like on facebook there's things they're stopping the bad stopping the hate stopping interference with there's also promoting the good at, and that's something that I care a lot about mark as a lot of Bob. So we want yesterday. So it's perfectly timely to talk to you about it, our new voter information center and what that Information Center is a one stop shop where you can go to get accurate information on this election. That's never been more important registering to vote who's eligible that stuff's always hard. But in this election with corona virus and holes potentially closed getting accurate information is even more important. So We'd put this out. It's modeled on our coronavirus center where we put out very definitive information really helped people get the right answers. Now anytime people post about voting on facebook working a link to this center. We're also trying to be as ambitious as we can. I'm a woman I'm I'm owning the word ambitious, but it's ambition by my company. To Register people. So in the last two elections, we registered two million people to vote. which is very large, but we've put out pretty audacious goal that we're GONNA try to help register four million people for this election cycle, which I think would make it the largest effort of its kind by were invasion and were really. We're really proud of that really excited about it. So we I sit here John Taking, you take the criticism when we deserve it very seriously. We take our responsibility very seriously atop to show work every day trying to stop anything bad we gotTA learn quickly bad will always try to get ahead but also trying to use our platform in our services for the good. What do you do as the user? Something on facebook doesn't along there. Do you just pull the red phone out and make a phone call or are you pensive about that and thinking about emits broader context at it needs the nuance as market said it's very hard. To directly police the content and and just hit the button? Yes. So look it is hard to directly police the content. We know that it's very hard to pull heat down. It's very hard to find it and identified. That's why we've invested so much think our standards are the highest not the lowest I think our enforcements the best, but that doesn't make it perfect. You know as a user I actually don't remember seeing something that violated our policies and most people have not most people hear about it or it gets pulled into press and they see it now. I've certainly seen things I. Disagree with I have some family members whose political views I do not share. You know I have some ice stuff about fuck I disagree with. But in terms of my actual experience of seeing real hate yes I would pull I. Don't have a bat phone, but I would definitely take a screen shot in forwarded. Personally, referred infant I haven't had that experience or know how many people actually do see content that violates the rules is there a way to kind of measure that? Millions of people report content millions of not not all of it is actually violated with our standards but millions of people go through that process. In fact, we released our latest community standards enforcement report, and it gets to exactly what you're asking what that shows. Is All the different kinds of content we take down how much? How much violence? Were Nagasaki and it shows what percentage of it. We took down and found ourselves or someone reported to us. And that's where the progress on hate I think really becomes clear when we first did this report years ago, twenty, four percent of the hate we took down, we found ourselves which meant that seventy, six percent of the time someone had reported it to us. That's not a good experience. Our latest report we put out this week were at ninety, five, ninety, five percent of the hate that we take down we are finding before it's reported. That means five percent of what we take down is still being reported to us, which is still alive on facebook. So we have our work cut out for us, but clearly a significant improvement over twenty four percent just a few years ago and it to really the investments we've made in systems in AI in. Huge teams to monitor that's gotten us. There are your standards tough. Enough I mean that's something that we know is a sticky situation because everybody wants what they find to be offensive police in. As you said, sometimes it borders on my own bias is what I don't WanNa see. But when you look at the standards, where are you guys at particularly because they have in freshly criticized and there's rolling dialogue about whether whether you're going to get tougher? Where are we met? Her students are very tough but they're not as tough as some people would want them to be or they're not as comprehensive as some people would want them to be you know one person's opinion. One person's free expression could be another person's he. We work really hard on these definitions and were very public about the our entire standards are publicly out there including most to the material that the people who use inside their references that were very public about them. You know for the most part, we've always been a very protected society and the criticism has always been on both sides I'll give you an example that was very hot for a while was breastfeeding. We don't do pornography, we don't do breasts. In some parts of the world, a new woman who's naked from the top would be on the front page of every newspaper, and there are people that really believe in breastfeeding. It felt that we were suppressing their free speech because our computer systems were picking up any time. You saw a nipple of any kind even if it was a breastfeeding picture so we've worked more nuance there, but I think over the course of time, people have found us to be very strict on the standards. There are people out there that think are hit standards aren't strong enough. We are continually evaluating them continually making improvements. But I think a lot of people think our standards are too hard and so we try to be as transparent as possible. We try to evolve to meet ongoing things that are things. We'd never heard of no one ever heard of years ago. That are brand new movements that are hateful and there are things that some people find offensive that we do leave up because we think three expression in having that too is critically important in a lot of situations sodden. You're thinking on your role as an information broker during corona virus. How did that? I emerge and how did you deal with that at facebook given? All of the things that the most elite elite medical personnel don't know in yet. Here you are with the responsibility of not disseminating misinformation that may cost people's lives or fan pandemic. So our policy on misinformation is we don't take down we send it to third party fact checkers if it's marked as false or partially false, we dramatically decrease the distribution we market this has been marked false or partially falls and we linked to more information that often can tell the whole side of the story. Even, before Corona virus, we had an exception to that, which is information that was going to cause imminent harm and that policy really came out of other parts of the world. Misinformation was leading to death or imminent harm. The Corona virus we took the stand to things we said we're not going to have information that will lead to imminent harm. And we're going to rely on health experts. We are not decided there was no decision made by your marker anyone on our team. This is true about coronavirus and this is not because we're not experts but we partnered from the beginning with local health authorities the CDC the. H. Show the you know the health ministers in different countries to make sure that we were taking down misinformation. No matter who posted it up would also give very accurate information out and I think sometimes in these discussions, we forget that there are two sides. Of course, we need to take down at least marcus false things that are harmful, but we also have to use our services. To, get out the information people need. So governments like the UK, government local governments when they needed to get messages to their citizens, they've turned on us and we've been I think a very effective way of getting messages out. Interested. In in several high profile advertisers including some that I shot from it said, we're gonNA take a break and it wasn't just facebook it with social media have companies come back and what what are those conversations and like I know. The effect on the bottom line may not be what well understood you do rely. So heavily on smaller and middle sized companies for revenue but but it was a huge moment, a big headline where where are you guys at conversations are they back? So advertisers are starting to come back not but a good number are coming back have come back in process. Look those conversations were really hard John because normally. If someone is boycotting you or is protesting you want you to do a whatever a is in. You don't want to do it. That's not the case at all here the boycotters and the advertisers didn't want hate on facebook and we don't want this book Sosa. I think we had completely aligned goals and we have challenges in enforcing that. So again, we just released our enforcement report. We were at eighty nine percent of finding hate we take down ourselves. Now we're up to ninety five. That's an improvement and we know we have we have further to go. We also do have some notice agreement with people on what hate is we tend to take a broader swath of allowing some information that we think it's free expression to stay on so that people can have dialogue but in terms of hate, I think the real issue is that there's a fundamental misunderstanding of our service out there that we need to do a better job correcting we don't want. Hey. We don't benefit from hey, we don't profit from hey users don't want to see it. Consumers don't WANNA. See it. Advertisers don't want to be next to it. So the the narrative of facebook is leaving pay because they WANNA profit for. That's just just you talked about voters earlier and the initiatives that you're putting your proactively being part of a solution is what I hear you saying. But Marquez said very recently with this electric this unprecedented situation and I'm I'm guessing given your. Your half glass full mentality it's an opportunity but what's at stake here for facebook I? Mean we're all GonNa Blaine facebook if things go wrong and a certain candidate decides to use the platform and you're not taking down information with speed or at all is it a noble no-win situation here or what's at stake for this platforms ability to prove its productive place in this discussion? So we all know that there's a lot at stake for the selection full stop. There's more concern in confusion about how to register to vote what is valid I think there's more concern around misinformation around any kind of coordinated attacks. I think we're going into this election in a totally different place than twenty sixteen and interestingly, I think our track record in twenty eighteen was actually fairly good when people talk about things facebook missed in an election getting upset at us for things that are almost always talking about twenty sixteen you almost never hear about twenty eighteen and there have been hundreds of elections around the world and to look our job is to get people accurate information to be proactive. We are being much more proactive around. Pushing out information in this election and we have or have been before, and that is modeled on what we did with Toronto virus. We are taking that approach doing everything to get rid of the bad. We are doing everything to get in front of people the accurate information as well. And then we want to make sure that people can use the prop. One thing that's worth really thinking about is how many small people small people running for smaller offices. Are Using our platform provisionally when we're in social distancing and can't campaign. That's right. So how do you advertise to? No one's ever heard of me. I'm running for State Senate or I'm running for school board and I want to do it cheaply and efficiently we allow that to happen and we're proud of that role replied. There are you prepared I mean thinking about four more years of questions regarding how quickly you should be policing the president and his tweets given the thus far has a track record that trump is definitely more aggressive with platform Vice President Biden ever has been he trump wins. You're already in a in a in a situation where you guys are have been accused of dragging your feet on or taking a less aggressive stance against him. How do you think about that in a world where we might see four more years of that? It's our. It's our job to have clear and consistent rules. That, we apply in a fair way globally and I know we are very focused that we should be very focused on this election. There are important elections all over the world with people on different sides, and so we have experienced not just in the US cycle, but obviously the hundreds of elections that have happened since since last US cycle and we do we. Get accused from conservatives of being anti-conservative. They look it. Awesome. A see liberal silicon, Valley company I mean, I've been very affiliated Democrat. I remain unaffiliated Democrat other people look at us and they say we're not going far enough and our answer is going to be very clear about what our rules are and working apply them as even handed away as possible we also. Recognize that there should be limits to our power to decide what stays up in. Probably one of the most important things that's going to happen in the upcoming twelve months is the rollout of our content for which we've announced but has not yet come together to play. So for the first time, there's GonNa be a possibility that if you either have something taken down. And you think that's unfair or you take it down or you WanNa leave up in either direction, you can appeal it to the content board in your case much like the court right they'll have more than they can but they'll try to hear the big months. Someone else will decide and that board is independent does not report to mark does not report to me. Were also working with governments around the world. We think government has a very big role to play. Wouldn't it be good if governments to find hate rather than private companies would you be good if governments defined what is a political ad? Not Private companies were working hard to make sure that there are checks and balances and that the government's role is really important not just here around the world. You're not just the Democrat I mean you're you're a friend of the president presidential candidate on the Democratic ticket at an I I don't know the. Friendship, but definitely, it's been noted that the two of you have relationship you've been support I'm wondering if you're kind of jaw drops a little bit about the delicate role that you need to play his business leader given facebook's place in society if you're running Ben and Jerry's, which is much smaller if you're running. Patagonia. If you were running for Motor Company, you probably feel a little bit more free an mistaken to be supportive and to give the porch that you want to feel it all that your your ability to help is checked by your role I mean, my day job is facebook and my nights on Facebook, and then you know I work on my foundation as well, and so it is not my job to be very active in the political process and I've chosen a career that keeps me in business. So I don't wake up in the morning. You know what should I be doing politics 'cause I wake up in the morning with a very big job for facebook I. think that's consistent with business leaders. You know as a woman and as a woman who's long fought for the role of women to have more to celebrate ambition to celebrate what we're reaching for the highest office I'm thrilled to see a woman about to be nominated a woman of color about to be nominated and I spoke out anatomy horse I would do. Of course, I would do that and my foundation has done that as well. Do need to think twice about how supportive I mean it it's not a heavy lifting to be supportive publicly. Meaning you don't have to put in a lot of hours, but like running a news organization, I mean it kind of is a proxy for what facebook has become what we think of as a neutral platform even well, I've said, we're GONNA work with anyone who wins for us. So when I'm asked when you work with trump, if he wins the election, will you work with Biden if he sorry president trump if he wins the election we work with Vice, President Biden. Of course, we don't get to pick. Citizens elect their governments and we work with them, and we work with all over the world and we have to be willing and able to do that. Would you work for President Biden if there was a president Biden, you know I have a long decided I had my time. I worked at the Treasury Department under President Clinton and it was an amazing opportunity. What about the open seat in California right now not interested at all I mean. I really love my job and I really have so much respect for mark and my colleagues. Every day is not easy I don't expect anyone feel sorry for me or any of us we have great opportunities big role to play. We have serious responsibility to get this election right? We have serious responsibility to get hate and you know misogyny off the platform. against, wake up every business, I feel lucky to have this opportunity and I feel lucky to work for someone who is strong and has such conditions as mark. Are you having a guest one final question is the enormity of that task of getting it right. Your back and forth about what that looks like all day. But getting it right as a business challenge. Also, when I say this, I wonder if you are amazed at the trajectory of the importance of this as a public trust, almost as a is an institution and we aren't just considering a business but has a responsibility to society. Is there one? That outweighs the other giving you have shareholders, others, or is there is there a way to balance those two things at the same time? These things that people think are in conflict sometimes, but I really don't think they are we need people to trust our service we need people to trust that we're GONNA make content decisions not for profit on either side. But for the right for the right reasons and to doing the things that need our responsibility to protect elections takedown hit, they don't trade off against the business. They're important to drive the business. Now, there is a resource tradeoff rehiring engineer. We can put them on an ad program to build rags ads we can put them on safety we can put them on security. Of course, we have resource trade-offs, research trips of my time reserves tradeoffs mark if you look at how do our jobs and you compare it to for years ago, Mark Myself All of our senior leaders Chris Cox who just came back. Incredible. Chief Product Officer Mike Shrimp for our incredible. CTO We all spend a lot more of our time on the protection of the community. Then we did five years ago but I think that is super important and for a while we were playing catch up and I think all of these things work together. There's not a trade offs. We have to absolutely meet our responsibility and build our business and without meeting our responsibility, we're not going to build Turkishness. Kyi No your plane to grab people from. What you go Thank you for your time. It's always nice talking to and. Until next up. On.
How NBA players are using the Oura smart ring to warn of coronavirus
"What exactly does the Smart Ring Do, and and let's start with what its original purpose is, and what it was marketed for initially sure, so the has been around for two years and never got to review. It was one of these things I meant to, but it is a it is. A fitness rang health ring much. Much like the ring made by motive years ago, it checks heart rate it contract sleep it contract motion and activity, but it also tracks temperature. The temperature sensor is the interesting part because there aren't any other wearables that do that, but it's not necessarily the temperature sensing. You think it can't give you like an actual body. Reading of like you know what hundred point seven or whatever? It's a relative temperature that's. Night to show temperature fluctuations plus or minus degrees Fahrenheit. That's mentioned. Just show your changes in your baseline, so to speak, and so how is it being used as a early warning system for covid nineteen? Now been working with a couple of research teams UCSF has a study that you can opt into in the APP. That's been going on for a while. That's asking people to log You know their own moods and symptoms to try to study correlations. That's similar to what other companies are doing trying to see. If there could a way could help connect to symptoms and krona virus, but those researchers are seeing that you can with with the temperature capabilities see signs of illness symptoms a couple of days in advance of when you would normally perceive them. That could line up with the couple of day. Lead time that people believe might might be you know a symptomatic spread period now I'm not a another doctor. My research scientist from talking to researchers working with this and I've been I've been really curious about what that could actually mean. Another research team at Rockford Neuroscience Institute West Virginia University. Has Been Looking at trying to create a health forecasting APP that they have in place that they're using with with frontline workers and seeing if you could provide you know a couple of day pre forecast of whether you're likely to be getting sick. And built on a similar idea of using temperature mainly as a way to pick up ways that you're you're readings are hinting towards the sign of sickness, but not necessarily a sign of coronavirus, just a sign of sickness general from what they perceive. They claim it's like eighty nine percent. Accurate in predicting so far signs of upcoming sickness that will be when you get a coronavirus. You know that's when you get tested. That's when you would maybe. Go into work in some future world where we go back to work, and you know the reason why folks might be more familiar, we're now is because NBA players are supposed to be wearing them as they. Get set to kick off their their special. BUBBLE SEASON DOWN IN FLORIDA. Yes so NBA players have been wearing this of chosen this this wearable. OPT in program and. Coaches that that can look at the stats get kind of a distilled subset of the stats that aware of the ring, now like the consumer version would get so I see all these different pieces of information. There is a respiration. There's heart rate variability temperature these are estimated again. A couple of those key factors of four of them were pulled out and turn into a risk score. That idea is that if you seem like you're, you're scoring significantly high on that, you would Pull yourself out. Get Kobe test, and that type of thing. But you. You get something like that on the on the order APP itself. There's a score, the kind of shows like a whole bunch of factors and talks about like you know Harry feeling today. It sometimes it correlates with our. I feel sometimes a dozen so. Same thing asleep scores but it will let me remind me of like how I'm sleeping. And how much I'm you know? Both bedtime in some element of restiveness, how much I can do about that is is the other thing, but that the NBA is using again is kind of a pre screening tool for those who were bubbling Brian. So you're obviously not an NBA player, Sarah Scott, but how how are you using this? And how does that differ from what they're using this for? As as Early Warning System, yeah, so again as curious and I've not been doing any of those those things and I'm not using any advance APPS. I'm just using the consumer version and seeing what it's like so I just live with it. I've been wearing three months since late April. All the time and what have been noticing is that a lot of ways I don't notice anything because I. Just live my life, and then I check the APP in Awhile, and it says okay. This is sleeping and I tried to make myself sleep better, but like a lot of sleep tracking things. I don't act on those things as well. They should still go to bed super late, even knowing do. But the temperature thing is mostly been fluctuating around the same thing, a little down a little, if I who knows I, haven't knock on wood. I haven't gotten sick over this period. If I had actually gotten sick or perceived something that might be kind of interesting so hard to tell in that vacuum, but. I just wear. It will give some testing with it and I'm curious. I don't think it's it wouldn't replace a fitness watch because it's not as detailed as that and the one thing that the ring is, it's totally invisible with how it shows stuff. It's this nettle ring with no readouts doesn't buzz no buttons and you'd have to check the APP and also if you don't know if it's running out of batteries on the seven day battery life. Until you check the APP where you get a notification from your phone, so there's times where just went dead, and then I had like five days of no readings because I forgot to charge it, which is not ideal if you want a wearable, that's going to help provide early detection for people in a future workplace so that that's one challenge with it. The other thing is talking to the researchers and thinking about what would we all be doing with this? The NBA is bubbling now in a world where you go back to work and have some sort of you know wearable screening tool, which is what people are imagining. Its Eye, contact tracing unit everyone to opt in. And that means rock varner sciences. He was also trying to build towards. Maybe eventually a ways like at that would show ideally like where signs of potential illness popping up through crowdsourcing, but much contact tracing that requires people to participate and right now you still have questions. People are still refusing to wear masks so I mean. The. The degree to which you get people to all agree to wear wearable. Seems extremely optimistic and then when you deal with things like public. It adds all sorts of other complications so an office. Could all agree to do it? But how do you? What do you do in the larger world? I think those are questions. It still hadn't been worked out because the systems are only as good as everyone else's reporting, and just to be clear that this is not a cheap option. This is not cheap solution. Right? Like how much does this thing go for? And how easy is it the by one? The pretty easy to buy, and they're not that cheap there four hundred dollars so. Yeah the falls line with with. Your standard good smartwatch or Apple Watch or thing like that, but you know it's made like titanium plastic on the interior and It's it feels nice, but that's a lot of money, and I think some people will really like it because it's convenient. Enter praying and not a watch Some of the researchers also pointed out that a doctor's and frontline workers don't like wearing rings because they're not good that the germs could get in there. LEXIE! Shoes she's wearing. It didn't like it because of swelling and for exercise, the ring didn't feel ideal was uncomfortable for her and you have to get fitted. You have to get a particular size on the ring. They send you a sizing kit, so if your size changes, that's not great. A watch is adjustable, so there's a lot of things that are weird about it, but I think. It opens interesting questions about what temperature could possibly do. On, wearables in I'm really curious, what will pops up after this? It seemed like from your experience that made you call it somewhat invisible and the data I mean how ultimately how useful is this data? Have you used it to change your life for because you sort of hinted that that you looked at the data? then. It hasn't really changed anything, but like ultimately is this useful? In terms of changing my life. No, because you're right. You know this reminds me of like the talk. I had with with Kevin Lynch on Apple. Watch and apple could be making a lot of decisions on this to why they're only doing. Certain elements of sleep tracking. You know they're just doing the bedtime. Wake up is they claim that the rest is not actionable? Now they call so it could be that apple isn't fully develop the rest of the tools to their liking. But I think that's true in terms of when you get sleep scores like on this. What do I really do with like that? I didn't rest well enough you. There's really not much you can. Do you try to get to bed earlier? Maybe try to take it easy. Me could try to like take on yourself, and that's what the APP recommends like. You know you're reading the scores. Great. Go do it today, or it's not great. Take care a little bit today and I think that's interesting. So in that sense did change the way I would perceive some days I go. Hey, I'm not a great readiness score. just be a little easy on myself. What I know that just waking up and just feeling like crap. Probably you know I think some of these things correlate with how you would normally feel. Feel anyhow, if you're a self aware, but I think the getting back to work thing, the bigger question which is like you know I hate to even leave with that in the story, but it's what people think about about the possible Kobe awareness. I can't yeah for me I'm I you know I? Pi- blood pressure. I'm not going to put myself at risk going out. Out in the world, even if there's a sliver of it and then if I don't know that the APP, the rest of the world is behaving in a responsible way. Then I don't want to put myself there and that doesn't have to do other a wearing ring. It's like so the hard part. There was a halo over everyone's head. That said you know yes I. I am using the device I. Am I am part of your network? Then that's bubbling I. think that would be. That might be a different story, but again. None of these data things that these research programmes are absolute yet. These are all experiments, and all the researchers things a tip of the iceberg, so look how long people have been researching sleep and possible signs of. OF APNEA. or All. These research programmes with wearables they can go on for years and the NBA is very much an experiment. We don't know at all how that's going to turn out
The Latest: Biden sweeps all 7 presidential primaries
"With primary elections held Tuesday some voters have to navigate long lines because the virus restrictions and tense neighborhoods because of protests nine states and the district of Columbia held primary elections for a number of state and federal contests Democrat Joe Biden and president trump easily won their respective races might be needed to clinch eighty nine percent of the delegates at stake to officially become the party nominee before the summer convention voters in Washington DC and Pennsylvania we're dealing with large protests fewer polling stations and the worry they'd be stopped for violating curfews and in Montana which voted by mail the governor Steve bullock won a democratic Senate primary will challenge incumbent Republican senator Steve Daines in the fall I'm Jackie Quinn
The Latest: Biden sweeps all 7 presidential primaries
"With primary elections held Tuesday some voters have to navigate long lines because the virus restrictions and tense neighborhoods because of protests nine states and the district of Columbia held primary elections for a number of state and federal contests Democrat Joe Biden and president trump easily won their respective races might be needed to clinch eighty nine percent of the delegates at stake to officially become the party nominee before the summer convention voters in Washington DC and Pennsylvania we're dealing with large protests fewer polling stations and the worry they'd be stopped for violating curfews and in Montana which voted by mail the governor Steve bullock won a democratic Senate primary will challenge incumbent Republican senator Steve Daines in the fall I'm Jackie Quinn
Here’s What Warren Buffett Says About The Coronavirus And His Outlook On Stocks
"May kicked off with one of the biggest events of the investment calendar the Berkshire Hathaway annual meeting. Hey hurrah but instead of forty thousand people flocking to Omaha. Warren Buffett sat at a table in a near Empty Auditorium. Under did either of you watch it at all. It was kind of the surreal experience. Now I saw two seconds of it. I haven't gotten around to it but it is always. It still blows my mind. That forty thousand people go to Omaha just to maybe get a chance to see Warren Buffett. That's crazy and it's crazy that he can sit up there for that long and answer question after question after question now usually also joined by Charlie. Munger this year he was not instead he was joined by Greg able able. Who is the vice chairman in charge of all operate operate instead of Insurance? But it still went on for more than four hours. Wow I more than an hour was a presentation that he gave so I listened to the entire meeting. Impasse episodes I would. I've said that sort of my personal investing philosophy is be a short-term pessimist at a long-term optimist and that sorta seems to me was the message of the whole meeting so on the pessimistic side. They're clearly not doing anything you know. They've still kept most of their one hundred thirty billion in cash. He did not use the downturn as an opportunity to go on a buying spree. He essentially he likened previous downturns to train. That is slowing down. This time. He said we took the economic train off the tracks. And I don't know of any historical parallel in the range of possibilities on the economic side are still extraordinarily wide in other words. They're still sitting pat on what they're going to do. He also said quote. We have not done anything because we don't see anything that attractive to do. Heels actually spent a good deal of time talking about some of the past challenges and failings America's history so for example. He pointed out that. Despite the fact that we have a declaration of independence that claims that all men are created equal. When you look at the three point nine million people living in the original thirteen states and seven thousand nine hundred fifteen percent were slaves pointed out that during the civil war six percent of the male population between the ages of eighteen and sixty died. The twenty twenty equivalent of that would be four million deaths according to Warren Buffett and then it took one hundred thirty one years for women to have the right to vote at another sixty one years until a woman was appointed to the Supreme Court so we often talks about the long term success of America. He did spend a good bit of time talking about some of the things that we have not done so well. He spent a particular amount of time on going over the Great Depression I think partially because he was born in the middle of the Great Depression so he pointed out. It's September nine hundred twenty nine. The Dow was at three eighty one. Five hundred didn't exist back then so he just using the Dow and then in a little more than two months it was down forty nine percent to one ninety eight. You Move Ahead to August twenty ninth nineteen thirty. Which is the day before he was born. It was backed up to two forty so and it rebounded twenty percent. People have found that like okay. Stocks went down but there. They've gone back up back then. People were thinking that they were on the verge of the Great Depression. You go ahead less than two years to July thirty two. The Dow is down to forty one so from the peak went from three eighty one to forty one a decline of eighty nine percent and the Dow did not get back to its nineteen twenty nine peak until nineteen fifty four. Wow he did point out that people got dividends at back then. Dividends were higher but still price percentage the market was down for more than twenty years so buffet called the Great Depression a testing period. That caused some people that lose faith in America. I don't know if he was playing out to say like times ahead could be tougher than we think or just pointing out that America has seen worse times but regardless he says that anyone's going to lose faith in America that's a big mistake which brings us to his persistent message of being a long-term optimistic pointed out that despite all these challenges from seventeen eighty nine until today the wealth of the of the United States has grown five thousand percent and that's adjusted for inflation. He also pointed out that since the year he graduated from college in Nineteen Forty nine at the age of nineteen one dollar in the Dow has grown to one hundred dollars. So how do people benefit from what he calls the American miracle? Well as he often does and I think it's always interesting that he does this during the Berkshire hathaway annual meeting because it's an annual meeting of people who own individual stocks. He thinks the vast majority of people should just by an S. and P. Five Hundred Index Fund and. He mentioned that's what he does. That's what he has directed his will when he passes away swimming. He predeceased. His wife. Ninety percent of that wealth will go into an SAP hundred index fund. In fact one question asked about Berkshires underperformance as a stock. It's underperformed this year as well as the last decade a something. I know personally because I've owned Berkshire for more than a decade and he was basically said. I agree that that's an issue. He said that the truth is that I recommended. Sap Five Hundred Index Fund. To most people. And I happen to believe that Berkshire is about a solid is any single investment can be in terms of earning over time. But I would bet my life on whether we beat the sap five hundred over the next ten years so as always with buffet. It comes down to betting on America for the long term. But it's clearly means the long term to be like very long-term it mentioned the timeframe twenty to thirty years a couple of times the only truly positive thing he said about shorter timeframe at least that I can remember was in response to a question about whether Berkshire expect significant significant layoffs among its workforce which at this point. It employs almost four hundred thousand people in response. He said that some businesses will have to make adjustments. See's candies closed down. Nebraska Furniture Mart. Some of their factories may have issues. It's the funniest list of companies. I'm sorry Oh it's like it's very clean seas it's like what. Why Energy facturing? Yeah it's it's everything it's all these companies that you like. Yeah I think I've I think I've heard of Kim or have it at all. It's quite amazing. But well while he expects it some there will be have to be some layoffs. He doesn't expect them to be significant in that five years from now he expects Berkshire we'll be employing considerably more people so that to me says he expects five years from now. Things will fully recover and I think that's a reasonable timeframe. I certainly expected in five years. This time period will feel like somewhat of a distant memory. I certainly hope so But it's certainly possible that over the next year or two things could turn out to be pretty rocky
Fewer than half of Americans believe a return to normal will come by June
"A new ABC news Ipsos poll reveals that nine in ten Americans have had their daily lives disrupted by covert nineteen and that fewer than half think they'll return to their regular routines by June first eighty nine percent of us now worry that we or someone we know will be infected with the virus up from seventy nine percent
Fewer than half of Americans believe their daily routine will return to normal by June
"The corona virus pandemic has upended daily life in the United States and around the world a new poll finds most Americans think normal is at least a few months away details from ABC's Jim Ryan Michigan's governor Gretchen Whitmer sums it up for many of us this is a challenge unlike anything we've ever faced before a new ABC news Ipsos poll reveals that nine in ten Americans have had their daily lives disrupted by covert nineteen and that fewer than half think they'll return to their regular routines by June first eighty nine percent of us now worry that we or someone we know will be infected with the virus up from seventy nine percent last
Are We Experiencing a Black Swan Event?
"This is a trick question. I have to ask you okay. You know what the standard pitch in from people on the world's go to school get a job work hard save money get out of debt. Invest long-term above their festival portfolios talks wants which avoids. Atf's so if you're a financial planner and you've been telling people for the last thirty thousand years. Invest along term and the well diversified portfolios stocks bonds mutual funds and. Don't worry you know the market's always bounce back by the dip is going to be probably a V bottom which means it goes down and comes right back up or a w goes up down and then back up again which it has done over the last. Let's say fifty years so if you're a financial planner and your clients are calling you and you've given them that advise of invested a long-term well-diversified for pulling the plug mutual funds. What do you say to them today? Harry well I I say a financial adviser is going to be more hated than I am. That were passing the end. Up this bubble booms When it happens and and that is true most of the time. But what my work shows and clear the bell clears your heartbeat. Every second generational booms come about every forty years technology surges every forty five and then big bubbles every ninety years when you get east. T- turning points like the late sixties and stocks or the late the roaring nineteen twenty nine stocks or now stocked. Go Down Robert. And they don't get back to those levels for twenty three to twenty five years. I think this time with slowing demographics and the US we may never see the dow higher adjusted for inflation than it is recently so this is not the time to sit through it these type of long-term corrections or crashes after bubbles. They're going to be seventy to ninety percent like twenty nine to thirty two that by the way not small-cap stocks or penny stocks blue chip leading stocks like General Motors Ford and RCA. Back then went down. Eighty nine percent. The Dow and two point seven years can talk until nineteen fifty three twenty four years later to get back to even so when a stockbroker tells you that doesn't understand history. Harry hang on you got to take a breath and so what Harry is saying. Nineteen twenty nine with a crash came if you are holding waiting for the market to come back so in one thousand nine hundred eighty nine dollars at three eighty one. It took approximately twenty four to twenty five years to get back to three eighty one and when I was a kid nineteen fifties when I was growing up most of the people who are part of the Great Depression my parents and the people who are pounded by the Great Depression and the stock market crash. They were never in stocks there so gun shy of stocks and then in my generation the baby boom generation that brought back the Sangala 401k defined contribution pension plans and all this at the stock market took off so the baby boomers are caught pro with the proverbial pants down and now comes the next big crash. Which you've been forecasting for a long time airy so what you're saying. This one might be a long one. Yes because this is the culmination not only of the baby. Boom gigantic is your heading the largest generation history and it wasn't just. Us hit globally to to grow up in earnest. Money which is totally predictable. Average person peaks in forty six for the baby boomers and spending forty seven for the millennials today and then and then decline so. We started to see that declined to name her. This is a rich audience. Like me a little slow. We gotta speak a little slower. So what you're saying. Is that when a person hits forty six? That's when they're at the peak. Earning and spending and millennials is forty. Seven is that what you're saying. Yes the average. The average person for more fluent people college educated professionals. It's more like in the mid fifties but still average forty six so baby boomers if that peak collectively in two thousand seven something. I predicted like twenty some years before that. And we've been just what we went down big big crisis worst since the Great Depression but not as bad because they printed so much money to stop it and we've been living on quantitative easing ever since to make up for these slow down in this generation spending. That's simple and we're not coming out so let me so. Let me go back again. So let's talk to you. Know My generation. The boomers you know. What would you say to them? If they bought that they drank the KOOL aid. Let's say they have a 401k on IRA one of those things are Roth IRA. They've they've they've seen their portfolio per se. Go Up and now it's crashing. What advice do you have for them? I mean how do they do? They stay in or they exit. We don't give advice rich TAB. I WanNa hear your advice. No you get the hell out period. I think he may have one more. Little run left could be a couple of months. Could be a couple of weeks because the feds pumping in more money than ever with the Repo crisis and now the Krahn advisors but I think this is the death knell for the stock market. They can print money to stop. A recession stopped banks from failing companies from failing even stocks from crashing too much normally. But they can't stop this virus from spreading and it just kills business businesses. Stop people stop. Traveling people start stop spending. I mean my wife's not going to a of of women stay over tomorrow night. They're all coming in from New York you know. And she's you know she made the virus and she's over sixty like I am and that's what it hit. Its old people like you said earlier. So so this is something. They can't buy with money printing. They have kept this following far beyond when it should've peaked in two thousand seven and now they've got something that this doesn't work on so I think this is it so you have to get out of the way so Harry. I was talking to this young guy. He was He's a laborer. Was Painting parts of my house and he says you know. I bought a house like you told me to back in two thousand eleven you bought it for like I think hundred thousand and the reason round numbers and now it's three hundred thousand and he has no retirement is what should I do. I said I saw my house I went. I don't once again ladies and gentlemen at Rich Dad. We don't give financial advice and I definitely couldn't advise US guys. Only forty got three kids. He's got a job. Painting houses got no snow stocks. You and I are calling for twenty five year possible. Depression long-term deflation. What do you say to people what you because if he sells he sells his house? I sit where do you go? What are you going to do with that money? Let's say you have two hundred thousand dollars. I gotTa Pay Capital Gains Tax on it. What are you GONNA do any? He was clueless. I I got some simple rules Robert. I had become a bubble experts since the tech bubble crashed and early. Two thousand on top of demographics and technology and all these psycho because we are in a bubble era and the last bubble era we saw the roaring twenties. So nobody's lived in a bubble before and real estate was not the bubble back then. Because you couldn't borrow money so easily against housing back is very difficult so now. It's everything the rule for. Housing is real quick bubbles. Go back to where they started that that house if he bought it at the bottom of one hundred eleven and now it's worth three hundred K. My rough estimate is going to go back to near that level if he's comfortable sitting through one hundred eighty nine thousand potential decline in something he probably has a mortgage against maybe some home equity lines that he went on deck that fine. I think anybody with any brains would say oh no. I don't want to sit through that one in by the way The demographics I've got a new real estate model. That doesn't just project peak spending like other consumer categories. I have to subtract the dyers and guess what baby boomers are now dying unprecedented rates and will continue to do so into two thousand thirty nine or forty that takes down the net demand even takes it negative at some point for real estate so homes are never gonNA appreciate like they did this boom even in the next boom so it's better especially older. People who retiring lot of baby boomers are realizing they didn't say per retirement. 'cause they're living in good times thought they didn't need to and now they're saying. Oh wait a minute though might make mansion which I don't need now that my kids are gone. I can sell that instantly. Fund my retirement plan and rent my retirement home. I think that's really excellent vice. Do that
"eighty nine percent" Discussed on WCBS Newsradio 880
"Humidity eighty nine percent at a north northwest wind five to ten miles per hour Craig thank you W. CBS news time five fifty it was a summer of misery at new Jersey's largest lake a continuous series of algal blooms on Michael Pat comment no swimming for most of the summer and even boating was restricted are Peter Haskell is up at the lake or governor Murphy's talking about preventing a repeat of this past summer so Peter what is the governor plenty to do the governor wants to spend thirteen and a half million dollars to reduce and prevent these kinds of bones from happening again the problem is the the the lake is warmer in part to the climate change which there's not a whole lot the state can do about that but because of the storm water runoff that is also creating this algal bloom situation so the one treatment and prevention projects and other larger type projects to reduce sewer and storm water runoff from getting into the lake to remind us what was the impact of the closures I know like people could get sick of a the touch these loans right so there was certainly a health problems that were involved if you wear a cat if you touched it if you were in contact with it that's why there was no swimming and even though boating and animals were also subject the onus is well businesses though this was really devastating from what we hear more rain as bait shops restaurants delis all kinds of businesses sada clients of forty fifty or sixty percent by the way Peter this says wasn't only like a pack on his other links to right here a lot of parts to lake hope had committed restrictions but across the state forty confirmed algae blooms more than seventy suspected incidences and they're just not a lot of people were very unhappy this summer Peter thank you W. CBS reporter Peter Haskell at lake Hopatcong New Jersey five fifty two in the afternoon roundup are you a high growth fast moving company that needs to react quickly to market changes and investment opportunities Ister APRS outsource.
"eighty nine percent" Discussed on WCBS Newsradio 880
"Away. WCBS Craig Allen, some spotty rain. Now, what do you expect the steadier heavier stuff? That's not too far away. Actually, it's moving on up through New Jersey now, but the very heavy rain is still south of DC. So and then is making progress right on up ninety five and then we have another area. Very heavy rain. That's off the North Carolina coast off the Outer Banks there as this storm continues to intensify really starting to wind up. It's going to be a powerful storm. So I expect the heaviest rain to get in here for later this afternoon the evening commute for sure and into tonight at which time they will be some local flooding there could be some lightning and thunder not just coastal areas. But all areas across the area to the way, this is setting up now and some of the heaviest bands of rain may very well be right along the ninety five card or up and down through New Jersey. So. Forty five to fifty four today, then we also have to deal with coastal flooding at times of high tide this evening, forty to forty five. Overnight variably cloudy tomorrow, some leftover showers tomorrow, the the worst of the rain will be ending early. But there could be some leftover showers and the wind will be the next big thing with highs around fifty degrees. And then a rain or even a wet snow shower for tomorrow night, Saturday, partly sunny, still very windy, forty five to fifty Sunday mostly sunny, much more of a springtime day fifty five to sixty and then Monday, more showers moving into the area. It is raining and forty-three humidity. Eighty nine percent, we have a northeast wind Craig Allen this morning, Long Island. Shopper.
"eighty nine percent" Discussed on Newsradio 950 WWJ
"NewsRadio nine fifty updating our AccuWeather forecast. It's meteorologist Brian Thompson will be brisk and cold today with some snow accumulating four to six inches through the evening hours. There'll be some locally higher amounts. So well to the south the Ohio border roads will be snow packed and slippery and watch for blowing and drifting snow as well. Highs twenty four and that blowing and drifting snow tonight could keep roads treacherous. I'll have some clouds will be windy to a out at twelve degrees. Tomorrow, partly sunny, brisk and bitterly cold high of fifteen real field. Chapters will be below zero sunny much of the time Monday, but still bitterly cold a high of sixteen mainly cloudy on Tuesday, high thirty one a little bit of snow ice arraigned developing by Tuesday evening and continuing overnights, and we'll still have some lingering clouds on Wednesday, high thirty five I'm AccuWeather meteorologist Brian Thompson on WW j nine fifty snow in twenty one degrees currently in Dearborn heights. And in Sterling Heights at this hour, twenty degrees and light snow in new Baltimore. Twenty one degrees and snow in at this hour. Twenty four degrees in a snow shower in Allen park. Nineteen degrees in a snow shower. Lapierre twenty four degrees with cloudy skies in Taylor and snow showers and twenty two in each point right now at Detroit metro airport. We do have twenty two degrees. Wind is eastern northeast actually northeast at ten miles an hour humidity at eighty nine percent, light snow and in AccuWeather real feel of twelve again. Officially at metro twenty two degrees update. Traffic and weather together every ten minutes on the eight.
"eighty nine percent" Discussed on Venture Stories
"Think about I, there are new monitors and that that can be anything that's new, analyze, like a new diagnostic to new vital sign. I'll give two examples there. Then there are existing monitors that we make. Faster, better, cheaper, safer, easier to get. I I r- them sits in that EKG's were not new, but they just did it way better. Ten x better. Maybe twenty x better than there are platforms Dahmer was talking about companies like early sons that have this bed pad that gets you a number of vital signs without touching the patient which allows you to more efficiently run a hospital because you could monitor patients without humans looking at them all the time. But I think each one has its own set of criteria look at. So in the case of new, the biggest difference in the case of new existing in platform, is that a new sensor? And I'll use an example with Massimo and pulse ox. Symmetry, when pulse x number, she tells you your is how much oxygen is in your hemoglobin super important clinically. When it first came out, it was a new diagnostic. We had to learn clinically how to use it. What do we do when it's ninety versus at many hospitals, you admit a patient that has an ammonia with an eighty nine percent pulse ox. Cole sat oxide, whereas with ninety five or send them home, the that rule based. It took a bit to develop, whereas with EKG's in existing diagnostic, we know what to do. If we see a fit, we noted with TV tack, and then platforms are mixture vote because platforms have an integration of sensors, even if they're all known. For example, in early census case where we're still trying to figure out what the combination of existing diagnostics should look like, what is a bad or good one or what should we do with it? So it ends up being in between in terms of the amount of evidence required. And of course the the effect of that on the on the system. So I'm a big believer in all of this. I think the great part about monitoring whether to new diagnostic Zinger platform is that if we can get ahead of disease or issues, we tend to save a lot more money on the treatment side and also people are happier, so big and I think there's big opportunity to make money, but these companies are not therapeutics company. So the way in which they spend capital and prosecute, the business has to be different. They tend to be a little bit more cost conscious in should. Because the exits are not as large, usually in the amount of time it takes can be the same as law at or as long as as therapeutic. You know, it's interesting in one of the one of the most interesting remote monitoring companies I've seen is alive court, right? I think they felt real interested in patents. Real interesting data sets. You know, if you if you FDA cleared, you know, if you read through their comments on the app.
"eighty nine percent" Discussed on KLBJ 590AM
"Our little show That guy Amazon seems to have things figured out today that the was wherever they called. Amazon prime against that worked this is up eighty nine percent stock up about twenty five bucks a day is worth is about. One hundred fifty billion dollars Hi ed History Slimy interesting pop quiz that he would be the wealthiest person in modern. History, yes I thought it was j. p. Morgan They, said this he's a piece of me Okay AP Morgan that cruising. Astro somebody I thought was at one tyrod Astor worth in today's dollars were like two or three hundred. Building I'm just, some but I'm just reading fake, news. Man I don't know fake. News Right. Trump hates him. Oh yeah Thank God. I was thinking wait a minute why would you be rip you? Want to level, the? Playing field he's the devil, right he's ruining the postal. Service, although Yes, which president nineteen. Seventy-five seems to be stuck on what in fact Jeff Bezos is? About the only, good? Thing it's got going for, it Give them, a lot of business yeah business so that was kind of funny the How do we think well. Media, day. Even mentioned this big twelve it's. Flown Slightly under the radar and I'm willing to. Bet that it's probably just how university of Texas football Inc would, like it, and that is, what I thought I'm sitting in Seattle. Reading it I thought oh my, gosh I can't imagine what's happening in Austin I didn't read it till today but it's flown under, the radar that was given commentary by the new athletic director, of Texas today and that, is a poem he was asked about it today and I, thought his his what he said about it was. Pretty spot on so director Texas is a new guy criticial Kante no. Gone so he was asked today about a poem written by Texas football, player that is now a lot of you're going to be offended by it but, it's pretty creative and? Actually, pretty in depth little Jordan Humphrey the. Wide receiver Who's. Gonna get he's getting a lot of play this year Phil Steele the. Magazine guy he's a loves loves him guys he wears number eighty four, little Georgia's he's a he's going to be a big role for. The Longhorn offense He's he's he's a poet and he wrote. This for an American literature class Friday because. I read, it the other, night and I, thought oh. My. Gosh KLBJ it's going to the phones. Will be. On fire with angry white men entitled little letter to America America America the land of the free I do, want to say, this. The answer today by the athletic director who I think I think he said the right thing listen College kids have been saying. Stuff and protesting stuff and he has every right to do so and I'll back him up on it now what I think. Is If you wrote this for a class erode for, class it should be the domain of the class the. Minute you wanna make it public. And go to Twitter Instagram with it, is, the minute you've invited. Yourself your. Credits into everybody's car in home and everywhere else so this. Is just your professor the, professor, didn't take this and go hey everybody check this out he willingly so he's got to. Deal with what comes with little Jordan put it on Twitter America America the land of the free where black people can die from just being black and free they protest to be, able to live life in peace like the majority thugs and animalistic people is all you see in reality all they. Really want in. Life is equality instead America which is a land of the free Alexa. President with zero political history to restore the long. Legacy. Of white supremacy minorities were brought a part, of the minorities were never a part of, the American dream there are only brought..
"eighty nine percent" Discussed on Waking Up with Sam Harris
"The process of just going into the restorative justice procedure where the victim has to weigh in on what he or she wants that process is often is often worry that that is sort of revictimizes additional cost being imposed on the victim yes and that's the worry and in in some cases that worry is it's real and actual in a lot of cases though there is a degree of empowerment that sexual assault survivors or victims get when they face their offender in one of these kinds of conferences or mediation centers so they did this survey in canada recently eighty nine percent of violent crime victims wanted to meet their offenders and seventy percent of rape survivors said they would welcome the opportunity for victims to be able to meet with their offenders in in a kind of conference settings so these kind of empowering effects that can come are i think surprising and something that you can only fully appreciate if you are if you either get a detailed account of these encounters or you you ex you know you're actually a witness to them but but yeah of course to go back to your point you need to set these boundaries that take into account what kind of message you're sending to potentially future criminals right to future criminals who might be thinking about acting in a certain way so that's where the floor for punishment comes and it's also where the ceiling for punishment might come as well although i think the ceiling is more set by.
"eighty nine percent" Discussed on WNYC 93.9 FM
"To play npr or ask for your member station by name chicago police are under pressure to explain a so called gang database with nearly one hundred thirty thousand names critics say the list is not transparent and could enable racial profiling here's illinois state senator patricia van pelt talking to chicago tv station wgn eighty nine percent of african american men in chicago twenty two twenty nine out on that list that is that's outrageous propublica reporter mic donkey has studied the list he's found some surprises for one thing i found more than one hundred sixty people who are supposedly in their seventies eighties or even older in this database i asked them how police officers used the gang database they use it to basically keep track of people they meet on the street people they're investigating they want to know essentially where they've been and who they've associated with so they find the data base to be a helpful tool pretty much getting a history of a person they might encounter in their work even when they acknowledged that not all the information in it might be accurate and what's the criteria for being affiliated with gang members they have to self admit to being a member of a gang they may have tattoos or some other kind of external markings that are associated with games or they could be identified as a gang member by somebody else the police determine is reliable so it's a little bit fuzzy.
"eighty nine percent" Discussed on 1070 The Fan
"Mci leary and eighty nine percent shooter heading them live for a pair over who thrilled by twenty two in the first half can be within five years well when you have a clear side like larry add on that side and right side the most player you know he's going to the rim you just have to get there quicker larry with a deep breath holds the ball on his right hip is the rim now is the basketball spins it bounces mary now with sixteen had four in the first well minutes and has scored well in the following five minutes he's at the miami ohio three tier guy according to same burkhart hit the three that long to get to the rim with easy now has seventeen points to thirty twenty seven is knocked down a pair of free throws over looking at this pressure a little bright eyed as we begin the third quarter grew the pressure britain wants controls it back to galloway holding it a step in front of the half court line back to britain watts galloway he pants watts molding galloway i should say bow line extended to the right side on the bills between the lakes right ahead now he's being sworn by tim bounce pass to the right wing turns faces drives nightside into a former red jersey but there was contact wear and the way her well komura candy really needs the anti craig to step up and some of the the offense is low because right now you're looking he's gonna score for who where are we going to get points and he's got to be one of those guys greg averages fourteen a game he had eight in the first happy still line for a pair of sixty four percent foul shooter is the first rose it up i haven't had much to cheer battle eventually boston has just taken him completely out of their offense thirty three to twenty seven covert twenty two point lead dwindled down to five and now stands at six neither team has missed the free throw that remains prune out over evansville bosse is seven of seven and the bulldogs will sub jalen minor in as the angelo where takes the rest it's been a rough night for where so far yeah but his thirteen gain and has not scored but it's into.
"eighty nine percent" Discussed on WORT 89.9 FM
"And the threat of rising competition from south america us farmers food producers and green traders has spent months trying to prevent trade relations ships from falling apart if the north american free trade agreement implodes mexico's economy minister ildefonso go jardo who is overseeing mexico's nafta negotiating team encourage the country's major green buyers last year to explore south american corn to strengthen his hand at the negotiating table saying the country needed an alternative in case washington pulled out of the trade deal while cheaper prices drove some purchases mexican buyers bought brazilian corn even when it cost more than us supplies to see how practical and profitable it was to buy from brazil or argentina given the possibility of trade tariffs resulting from the nafta renegotiations farm and trade groups say that an end the nafta would likely lead to increased tariffs on the grains trade hurting the electoral constituencies that cured trump took power the us is already on course to lose its position as the top global corn exporter brazil is gaining by producing cheaper supplies that helped offset higher freight costs some destinations such as mexico deteriorating us trade relations with mexico which buys nearly a quarter of us corn exports could accelerate brazil's rise numerous attempts by the us grains council to promote grain trade between the two countries have been met by frosty reception from mexican buyers and government officials while most wanted to keep buying us grains the mexicans say they are losing confidence in the us as a reliable supplier since the northeast indian state of nagaland was formed in 1963 no woman has ever been elected to the states sixty members cembery and only one woman has become a member of parliament but a watershed election currently under way in which five women are competing may change that women in naga lander everywhere they operate restaurants form more than sixty percent of the agricultural labour force and they run shops and so wears in the markets but when it comes to decisionmaking whether in the village council or city corporations or the assembly women are missing the primary reason for is this is that in his state where eighty nine percent of the population is tribal customary laws governing each community most of these laws are not codified and they're interpreted by.
"eighty nine percent" Discussed on WINS 1010
"The public schools has eighty nine percent on friday it was fifty three percent boston floodwaters froze rock solid some people cannot use their cars the flooding was caused by near record high tide off the coast of mainly are still searching for our clamor who disappeared during the blizzard according to the new york times it'll be about forty low at the top of mount washington in new hampshire and win shells overnight could make it feel like one hundred below a fourth traffic deaths his blamed on the weather in the carolinas in him ohio a person delivering meals discover demand frozen to death on his front porch wins news time 1205 close to a billion dollars up for grabs between the mega millions and power balls we do have the winning numbers of roundabout pencil or pannon some paper if you're interested when those by in just a moment here over nine hundred million at lotto prize money riding on the next unites maybe it's the cold but jane says she hasn't dealt the same blows as for other big jackpot per laugh through new is such an incredible number might people were at work where pitching in in buying sees me lots of tickets together el still she's in as he is john who insists he has two dollars bought him the winner i just know about this one i picked up my apartment already got i'm going to like winning zone john's out the only one with his eye on the prize another tells me seven ferrari's a one for each day of the week algerians tim jan wins in soho all right as promised here are the winning numbers for the mega millions drawing twenty eight thirty thirty nine fifty nine seventy mega ball ten if you miss than mixture.
"eighty nine percent" Discussed on KSFO-AM
"Buy and sell a house or they still sticking with real estate agents they're doing ball and they're doing them bought handinhand nearly everyone is the economy and at play no part that are on your mobile device at while attacking their aid and lifting that you are interested in but we actually ebay it we have the buyer and seller you eight and is actually at alltime highs we do that eighty percent of ira or your thing an agent tighten up an eighty nine percent at fowler are will jessica i do look forward to this report every year it's always so interesting and it contains so much in for me asian about what's happening in the markets and i really appreciate you coming on the show and talking about any ours two thousand seventeen profile of home buyers and sellers thank you so much for having me you very welcome jessica louts managing director of survey research and communications at the national association of realtors coming up unrealistic today in a digital world what happens to facetoface meetings i think it's going to the important for a good real curious to really like green week keith communication non pack that's next on our special show homeowners sza this is a court ordered notice current and former honda and nissan owners or less sees can receive payments in other benefits from a legal settlement related to allegedly defective takata airbags.
"eighty nine percent" Discussed on KIRO Radio 97.3 FM
"And what the rego deserve resolute school eighty nine percent of the people when puerto rico right now do not have powers their servers about two hundred thousand meals a day that means one point eight million people are not it meals each and every day and president trump has come out and said hey you don't have we can't be down here forever and he hasn't said that the people in florida and people in texas because we know those are big voting blocks right there it is also threatened to pull out a sima and now here this is a tense hurricane here till air comes eighttenths hurricane right now and this one could hit puerto rico also what is your what is your take it's hard to not view this through some sort of racial lines like i've tried to not go kneejerk to the racial card by how else do you explain that their americans citizens united states wanted puerto rico for its strategic value uh win cuba was of course being a you know a communist country and and those valueadded 90s 1970s and so we we say that we want that island and when you when you buy it and it breaks it's your view responsibility they have any control of for this put that number two hundred thousand into perspective there is a chefs that i've been falling for years name jose andreas and he has restaurants all across america but um he's from spain and he feels a big passion for puerto rico his he's gone down personally this is a michelin raided worldclass chefs his organizations making ninety thousand meals a day femurs giving out two hundred thousand meals a day is a private chef who just owns restaurants that fluids own way brought his own staff is bringing in his own supplies and he's doing ninety thousand meals a day and there they look amazing i he's made these giant pioneers and all this stuff to hand out to people and so we are having two hundred thousand meals a day affirm fema it is unbelievable and you see the pictures of the people in hospitals they'd need electricity they need care and these are american citizens they we are leaving off of the wayside and donald trump well tweet something out like you're not be very grateful ruediger job down there.
"eighty nine percent" Discussed on WBZ NewsRadio 1030
"To some extent eighty nine percent of democrats and 59 percent of independen ends but also 38 percent of republicans think trump has made things worse findings come as tensions continue to rise between the two leaders and the two countries former officials of the obama administration are set to brief democrats on the merits of an international nuclear agreement with iran the private session comes as president trump prepares to announce a decision that could lead to undoing that pact former secretary of state john kerry among those expected to speak ambassadors from france britain and germany are among those expected to attend wbz news time five fifty 166 in boston to the forties and fifties tonight in new york city the activists dedicated a permanent rainbow pride flag over the only national monument of the us to honor contributions of the lgbt community cbs's alec silverman reports the dedication happened without support from the trump administration organizers like ken kid worked with local reps from the national park service to rage as the rainbow beneath the stars and stripes here's the stonewall national monument to win somebody higher up found that this is happening they went ballistic joshua layer the national parks commissioner for new york confirms the federal government transferred control of the poll to the city after the pride flag went on it was never our our flagpole you are maintaining it willingly until now well i think again the question of who actually maintains the flag and who raises than lowers the flag is is separate from who owns of the alex silverman cbs news huawei principle at an elementary school in meeting has been palo huizhou at nine side host today all of us look forward to take it away week nights puritans pod back not employment but you need to this i say boom humble wbz newsradio 1030.
"eighty nine percent" Discussed on WCTC
"What none of them were documented so even those kind of rules and laws would not have applied to steven paddock and that's what jimmy kimmel doesn't want to admit any of her if you've listened to the rest of the show i clearly i am not the mr nra sitting here i'm not but when jimmy kimmel goes on national tv and says dopey things like that and basically makes a sound like any but he disagrees with them is a racist what a shocker a liberal celebrity says anybody that doesn't agree with them is a racist what else is new that is absurd and i am not going to sit here and sit stand for that and neither should you and kimmel went on from there this was like a ten minute monologue ninety percent of democrats i'm not talking about politicians are talking about people and seventy percent seventy seven percent of republicans support background checks at gunshells eighty nine percent of republicans and democrats earn favor of restricting gun ownership for the mentally ill but not this game they voted against both of those things and if you didn't see it he's got a picture biden above a bunch of republican congressmen and senators that's that's what that was but once again jimmy explained to me how high they those rules in place is going to do anything at all to have prevented las vegas it's not it wouldn't have because remember there are a lot of people that are mentally ill in this country that don't go and care to find out and get diagnosed as mentally ill so it means nothing and it doesn't mean i'm against it if there was something that said you know what mentally ill people should not be able to buy semi automatic weapons even as a conservative i would support a law like that i could see supporting i could see myself supporting a law like that i could but i'm also not going to lead jimmy kimmel go on national tv and spout like he knows how to fix the fix everything and how we could have prevented what happened on sunday because his answers would not have prevented it he continues common sense says don't let those who suffer from mental illness by god's all right thanks jimmy great inside there from jimmy fateh jimmy kimmel ch jimmy found get i get all these guys confused they're pretty much interchangeable parts.
"eighty nine percent" Discussed on The Daily
"Eighty nine percent of cell phone towers are broken and seventy three percent of atms are still not working with residents frustrated by a delayed response from federal officials and communication to and from the island limited a group of new york times reporters travel the island for 24 hours to see the conditions for themselves one of them is francis rubas who goes by french versed with him so i drew the short straw and ended up with a night shift so erica rodriguez who is a local photographer she lives here in puerto rico we climbed into her nissan versailles and now we just said about driving along the south coast to see what we would find this road is opened the three that connects miama zoo on this we were driving along this oh yeah smells now and we smell this really terrible stench like what is that looks look and i looked up and there was a supermarket it was called the plus side boom boom at gallo or something like that more should we go over there didn't even look like it had been hit by a hurricane it look like somebody needed and spit it out while seeing that these folks will taunts when asked yes ain't nobody bed that new york times it's obviously the food had gone bad there's a lot of food riding in that supermarket samih some of the things that you've seen since the hurricane he came through here.
"eighty nine percent" Discussed on 790 KABC
"That i prolific stuff well i just you know that i mentioned this harvard tall um just out yesterday i saw harvard paul eighty nine percent of people want an overhaul of the tax code they want lower corporate rates they want lower individual rates they wanna get rid of loopholes they hate taxes the hague do they think they're over tax et cetera sacha so you have that you have the deal that guarantees your one and a half trillion dollars of revenue known had a hell steve at how can they blow this well this by the way and another poll result i take it wasn't bapu was one that came out last week of thousand people terrence poll sixty four percent to thirty percent say that cutting i tax cut reform this year would be good for the economy now if we've got two to one people saying that this guy no way end because we get we have a lot of democrat on camera talking about this and they're still this pernicious idea that we should go back to the high tax rate for the eisenhower era that that with a golden era in the us economy i mean correct me if i'm wrong at that high tax rate level worth there sessions every other year yes in fact there is a great book out lizzy it's called jfk and the reagan revolution russia and then there who wrote that but brian dimitrova can i laid that out eisenhower had three recessions at a ninety one percent tax rate and in fact uh from nineteen forty eight through men through 1960 there were four recessions inside of a dozen years which is you know that pretty strange for american history we don't do that so yeah well so what are these democrats say when you talk to them i i say that the you know when i hear them i i come away thinking you're would be had better chances they're hitting a cat the farc i ha happened to the.
"eighty nine percent" Discussed on NFL: The Dave Dameshek Football Program
"Eighty nine percent of the population spends every free second surfing i do i know very few people who actually have ever served alone at low treat it like a religion either way i wish i could do it i that i think what people in la there are people from around the country their opinions of la whether they know it or not are formed by new yorkers new yorker shape opinions much more than most people would can see really la in new york shapes national opinion largely because they control without getting into a dumb conversation about fake news and the allegedly fake news which is and he would that's upside down another conversation anyhow new yorkers would never leave anywhere other than new york except la and that's because of the business they come out here to to be in the entertainment business shane the devil they would never moved to kansas city on a whim you know they were pittsburgh they would out there that so they moved la and then they resent the la not because la's bad it's just not new york and so they hate it and then they talk about how they hate it and then that permeates its way in the tv and movies and now everybody thinks starting with woody allen in any hall everybody thinks the only food you can get in la is health food and it's very small portions road and everybody's very pretentious and everybody's constantly handing you a screenplay rise and everyone's a phony and all the women have fake boobs and no one's to be trusted road.