35 Burst results for "January 1St"
US: Russian military facing 'severe manpower shortages'
"I Mike Gracia reporting U.S. assessment says the Russian military is facing severe manpower shortages A U.S. intelligence finding says the Russian military is experiencing severe manpower shortages in its war with Ukraine and becoming more desperate to shore up the ranks A U.S. official who spoke to the AP on condition of anonymity said Russia is now turning to compelling soldiers who were wounded earlier in the war to return to combat and recruiting personnel from private security companies and even prisons The official added that U.S. intelligence has determined Russia's defense ministry is expected to recruit convicted criminals to enlist in exchange for pardons and financial compensation With the grinding war now in its 6th month Russian president Vladimir Putin last week ordered the Russian military to increase troops by 137,000 defective January 1st Mike Gracia Washington
Moms for Liberty's Tina Descovich Describes Targeting by the Feds
"In an extraordinary story, many of you probably heard it was just about a month ago, moms for liberty, great organization, moms for liberty dot org was targeted by the Department of Justice by use of the Patriot Act, and we have with us the cofounder of moms for liberty, who does an amazing job Tina deskovic. I think I said that right. And welcome to the program. Thanks. You did better than most with my laugh. I grew up with a bunch of Serbs, so I'm guessing it's Serbian. It could be Croatian or something else. But Tina, welcome to the program and tell us about the what happened, mom's for liberty, targeted by our federal government and will go from there. Yeah, sure. I mean, most people are familiar by now what's gone on over the past year. We were founded January 1st of 2021 immediately our chapter started showing up at school board meetings all over the country. And by the fall of 2021, there was remarkably this letter from the national school board association that was exposed that Merrick Garland put out that he was going to use the Patriot Act to start investigating parents for domestic terrorism. And I think America was shocked. I know our organization was shocked. We felt like it was a direct attack. And we knew it was a direct attack on us and the work that we were doing and how successful we were being at changing what was going on in school districts. What's happened recently is I think it hasn't been covered nearly enough. Jim Jordan representative Jim Jordan came out and they put out a whistleblower letter that somebody from in the FBI because Merrick Garland said under oath that, oh, we're not targeting parents, you know, that that's not what's happening at all. But the FBI whistleblower came out and said, oh, absolutely. They're targeting parents, and we were named moms for everybody was named having parents that have been contacted and investigated for showing up at school board meetings.
12 LESSONS LEARNED DECEMBER No. 12 - Hello life!
"Happy new year. It's January 1st, the year 2022. Wow. I'm a nail and I'm here to take you on a trip. Get set. But before we start, with all my heart, I wish you all the best for this new year. I hope you can enjoy many beautiful unique and unforgettable moments. And for the bad and sad moments I wish you that you have the strength to handle them. I'm sure this year will give us a lot. Well, I'm ready. My dear listener, welcome to lesson number 12, where I will take you on a ride. I would like to give you a sensation, a kind of feeling that I always try to keep as close as possible and has always helped me in life. Especially on a day which feels a
"january 1st" Discussed on Bloomberg Radio New York
"Changing the weekend days too Saturday and Sunday That's for state employees The schools they're also going to start on January 1st So let's get more with our economy and government reporters It could be one more the kids go to school for 6 days or 5 No they go to follow the normal hour set by the public sector Okay I thought you were just getting excited there Maybe the kids would be gone for 6 days I'm quite a serious note though The weekend is changing This message that the schools will shift is quite important for the private sector to maybe follow the public sector what's your first take Well it's really important because that will set the pace for a lot of companies basically being able to be to take off on the weekend with your kids that will be pretty much what we can do And I think that also shows that the government is leading the private sector in that direction for sure Right now they're not compelling the private sector and they're saying that companies will be able to set their own weekend weekends according to their operational needs If you're working on Saudi Arabia you will need to abide by Saudi Arabia's weekend and hours right But here's the point isn't it I mean can you imagine HR in New York ringing you and me and saying Zayn had been Manus it's a bit of a hint for her tour To a four and a half day week That's just not going to happen It's not going to happen most likely And that is nothing in the new rule will compel private companies to do it They were very specific about this is for the private sector But you have a lot of large employers like the mobile of the world the big sovereign wealth funds they will be following the government lead And those and for those companies a lot of the private sector also depend on the government So let's say lawyers if the courts are closed lawyers are going to have to buy these hours But if you're working on global cases it would be a different story And you're investing in global markets Right Your markets are going to be open and therein lies the point The idea is to align the markets with align the UAE with global markets There you go The global flow Santa thank you very much for coming in hot on the heels on the story all day yesterday with a very latest on the change in weekend here in the UAE Let's get to max Ramsey He joins me in London with your.
"january 1st" Discussed on WCBM 680 AM
"Ryan Herbert going to throw in the copy of Mike's book, Nothing is certain, but death and taxes until now. Great read to help you prepare better. Forward taxes. So most of us are hoping that we're going to be able to maintain the same standard of living in retirement that we enjoy now, but Jack Otter, he is an associate publisher for Barons, he tells Fox business. Lot of us aren't doing what we need to do to make that happen. Listen to this. This is a crucial point that people don't understand what you need to do is you need to save enough money that that savings will actually create an income stream for you. So it's not as if you take a few bucks out this year in a few bucks out next year and hope that you die before it goes to zero. You want to figure out have enough money so that it kicks off return? So, Ryan, how do we do that? I mean, we look at our 41 ks or IRAs and they're up and that's good. But in the back of our mind, we're also thinking how am I going to make that? Pay me to create income in retirement and, oh, by the way, so that it doesn't run out. Oh, I mean, the stock market just goes up, right? That's all it ever does. I can take out 4 to 5% a year and and, statistically speaking, never run out of money, right? That's what they used to say. And now I think that number is like 2.8% is what they're saying. You know if you have a million dollars and you leave it in the stock market when you retire You can take out 2.8% and statistically speaking, Never not our money. Well, if you have a million dollars, that was the magic number you wanted to hit being. No, I say that because that's a very common thing that I hear when people come in the office and I want to get my IRA does a million dollars when I get my 41 k $1 million. That's Just this number that everybody wants to have at this point, and they asked me What do I think of that? And it's a very subjective answer because everybody's situation. Is different. You know how much you have to save for retirement is really all dependent upon how much you want to have to spend. In retirement. And so you know, the the old thinking was, you know if I would draw 5% if I have a million dollars That's $50,000 a year I can take out and never live on Will that new number is 28,000. But if we stick to that old thinking, because that's kind of where most people still are, If you had a million dollars, and you retired January 1st of 2000 And you said, I'm going to take out 5% a year, which is $50,000. Well after three years, 2000. 2000 and 1 2002 by January, 1st. Of 2000 and three Your million dollars is now $565,000. Wow. And if you were taken out 50 grand a year to live on Now you're taking out almost 10% of your money to get that $50,000 a year And that's not the way to approach retirement. You should not be reliant upon The stock market to generate that income in retirement, because no matter how conservative you make your money, anybody that you ever have out there in the stock market is always at risk Bonds that's typically what people think of when it comes to safety. They can go down in value. In fact, When the Federal Reserve raises interest rates whenever they do it. They've been saying we're not gonna do it for two years for the past four years, whenever they start raising interest rates, those bond funds those bond ETFs that have those long term bonds in them, they will start to lose value because they're not going to pay as much. As those new bonds go out there. So really, you know what you need to do Is it all starts with having a plan and the number one question that I ask any time anybody ever comes in You know, Of course, I want to know when you want to retire what you want to do in retirement? But the number one question I asked that starts everything is how much money do you need to have? Every single month to spent, is it $3000 a month is it 5000? Is it $10,000 a month and more often than not people either. They don't know how much they want, or they give me Ballpark answer or they follow the the old thinking. You know, I'm an old thinker. I think that I could take out 5%. Well, if I do all the reading, I'm going to spend between 16 85% of of whatever I'm spending now. So here's the number and my thought processes is a lot different because Lifestyle should not change in retirement. Your standard of living should not change in retirement. Just because you're going from working 9 to 5 Monday through Friday, or whatever your schedule is. Just because you're going from working for a paycheck doesn't mean your lifestyle has to change because now your money Is working for that paycheck for you so, however much you spend a month while you are working. That is the number you should shoot for in retirement, And that is what determines. How much I have to have saved for retirement. And if you want to find out what your magic number is, because you can't go find those green errors on the street. You can't find those strings in the park that you grab and you run to the end of it. If you want to find out how much money you need to have for retirement, it all starts by having that plan and giving us a card. 866597 10 48 66. 597 10 40. You'll sit down with Mike or myself personally and well, put together your own customized retirement income plant, so give us a call. 866597 10 48 66597 10 40 As we give you some time to call in and set that time up with Mike Canete and Ryan Herbert of Pro Status Financial Advisors, let me tell you a little bit about Mike and it and Ryan Herbert might connect is a financial planner and estate planning attorney with a master's degree in taxation and three time Amazon best selling author Ryan Herbert Financial and tax planner and nine Times five Star Wealth Management Award winner ready to help you to and through.
"january 1st" Discussed on The Patriot AM 1150
"While you're in this pricing position, it could be changed as early as Monday morning, So we got to take full advantage treated like it's a weekend sale that you got to get in before it's gone. This is not like a sham wild idea. What we're trying to pressure you guys to do this. This is real. Monday through Friday, Things move constant adjustments right now it's froze. It's closed. You guys are not pressured to make the decision. But I recommend making sure you qualify. Getting this thing locked in set it, forget it. It could be done before the month's done Next. Better payment. Not even until September. That's when football's back. Here's the number 855 on radio 855 on radio. Oh, you just made me so happy thinking about fall because you know for those of you who are new to this show, Sean is recording in Southern California. I'm in Phoenix, where it's probably 110 today. And just thinking about watching football in my Ugg boots just made me happy. Here's another thing that makes me happy. We've been doing this show a long time. And finally, at some point, the folks at network Capital wanted to know like, Are we effective? Are we successful? Are we actually saving people money? So they broke down the numbers and now we know exactly how much collars 2855 on radio our savings. So can you explain how they came up with the numbers? And what are the numbers back when they ran the figures? 30 year fixed with somewhere between like 36 and four and a quarter right now, we're advertising 2.25% on a 30 or so pricings tremendously better and what's also changed Since they ran those numbers. People racked up more debt. We just came out of a pandemic. People definitely increase the amount of debts. People were swiping the cards left and right. So I think when they run the 2020 and 2021 figures, it's going to be tremendously better than the stats I'm about to provide. But during 2019 January 1st to December 31st for mortgage radio callers that dialed 855 on radio that did a 30 year fixed cash out conventional mortgage. Let's say used all but $1000 of the cash to pay down and eliminate debt. Those families saved. 550 a month $6600 a year now, I think right now, if you dial 855 on radio, you should look at cash out first. That's where the alarming savings is. It's easy to drop your rate and drop your payment. That's simple. We.
Flight Diverted After off-Duty Flight Attendant Becomes Unruly
"A flight from California to Georgia last week forced the plane to divert to Oklahoma passengers and crew members on this Delta flight hold down and unrolling passenger after authorities say. He threatened to take down the plane. He clearly had some sort of breakdown. Police say the man is 34 year old Stefan Jamaar Duncan, an inactive Delta flight attendant on leave who allegedly made terroristic threats and assaulted two on duty flight attendants, The pilot making an urgent announcement. He very forcefully said, Uh I need all Able bodied men to come to the front of the plane immediately for an emergency. The plane making an emergency landing in Oklahoma City, where it was swept by police and clear passengers say the man's appearance raised eyebrows even before the flight, seen wearing a helmet, elbow and knee pads and acting strange authorities, pointing to signs of mental health issues. He had a bunch of plastic bags that he was putting all like, sort of scattering through the overhead compartments, and he had all these tennis balls and he kept saying things about tennis falls as air travel increases. The FAA is seeing a spike in passengers misbehavior. Since January, 1st the FAA has received around 2900 reports of unruly passengers. They now have a zero tolerance policy with fines up to $35,000 and potential jail time. And in this latest case, the man was taken to a local hospital. The FBI is now questioning him and Delta is thanking those crew members and passengers who sprung into action. ABC, Geo Benitez
Flight Diverted After off-Duty Flight Attendant Becomes Unruly
"Incident on a flight from California to Georgia last week forced the plane to divert to Oklahoma passengers and crew members on this Delta flight hold down an unruly passenger after authorities say He threatened to take down the play. He clearly had some sort of breakdown. Police say the man is 34 year old Stefan Jamaar Duncan, an inactive Delta flight attendant on leave who allegedly made terroristic threats and assaulted two on duty flight attendants, the pilot making an urgent announcement. He very forcefully said, Uh I need all able bodied men to come to the front of plan immediately for an emergency. The plane making an emergency landing in Oklahoma City, where it was swept by police and cleared, passengers say the man's appearance raised eyebrows even before the flight, seen wearing a helmet, elbow and knee pads and acting strange authorities, pointing to signs of mental health issues. He had a bunch of plastic bags that he was putting all like, sort of scattering through the overhead compartments, and he had all these tennis balls and he kept saying things about tennis falls as air travel increases. The FAA is seeing a spike in passengers misbehavior. Since January, 1st the FAA has received around 2900 reports of unruly passengers. They now have a zero tolerance policy with fines up to $35,000 and potential jail time. And in this latest case, the man was taken to a local hospital. The FBI is now questioning him and Delta is thanking those crew members and passengers who sprung into action.
Buttigieg Urges Travelers to Respect Mask Mandates on Planes
"Crews who enforce mask mandates amid an increase in unruly passenger behavior. Transportation Secretary Pete Buddha judge on ABC s this week. Remember what they have been through what they have been doing to keep you safe on makeshift ashore, some appreciation and respect to everybody from, you know, a bust driver to a flight attendant to a captain. They have been on the front lines of this pandemic. Their jobs have been in doubt. They're here for your safety, and it's so important. TOC show appreciation for the work that they're doing in this very, very busy holiday weekend. The FAA says there were roughly 2500 reports of unruly passengers from January 1st through May 24th. At least two people killed in about two dozen injured in
George Floyd effect on Police activity
"A year after George Floyd's murder it's open season in Minneapolis. Here. Here's take one from this screenshot white home screen shot because of my podcast. We actually that I actually take Screenshots from my my phone. I got used to the radio lingo here, Quote, one will have to call it from the Wall Street journal piece. Minneapolis Homicide's between January 1st and last week were up 108% compared with the same period in 2020 shootings up 153% Carjackings 222%. Crime increase began after George Floyd's death and has never let up. Nor is the assault on law enforcement that began with the destruction of the third Precinct building on May 28 2020 folks those air facts, However, they inconvenient they are for the radical left this losing their minds in this country, screaming about the police randomly attacking black men in the streets systemically despite no evidence to back that up. Those are fax You scream to defund the police and whether it happened or not. Police clearly scaled back to avoid any kind of public outcry about policing and then crime one up. This seemed like a logical conclusion. If you were a sane person and not a nut
"january 1st" Discussed on KOA 850 AM
"Off January 1st Chuck Clark a way news radio. We've just been informed that we're going to be interviewing the Colorado apartment Association Day 24 here on Colorado's morning news. Crowd control measures. Enclosure is gonna be part of your outdoor summer experience in the Arapaho Roosevelt National Forest. You really do need to know before you go and head out to the forest to camper hike this summer timed entry permits or likely starting next month at Mount Evans and Brainard Lake and some camping areas will be converted today use only and there will be many areas off limits because they were burned by the five major wildfires last year. And the Arapaho Roosevelt National Forest. Cathy Walker K O a news radio. The Forest Service has seen a 200% increase in outdoor recreation across the northern Front range. President Biden is setting a new goal for coronavirus vaccinations. Why did he and the tunnel is actually growing brighter and brighter? The president spoke with White House and said he aims to see 70% of adult Americans with at least one vaccine shot by the Fourth of July holiday. He also wants 160 million Americans to be fully vaccinated. At that time we need you. We need you to bring it home Get vaccinated, he noted a dramatic turnaround in the U. S. And a few short months, the president urged those who are hesitant to talk to their doctors and neighborhood. Pharmacists. Go get the shot as soon as you can. I'm Terry. More NBC NEWS RADIO. About one in four Americans have been vaccinated against coronavirus, but health leaders say we've got to doom or Dr Charles Learner with the Texas Medical Association. Something we've got to start enlisting the help of influencers make them realize that this is not about their liberty. It's about somebody saying to them. I don't give you permission to put me at risk. Well, Kim Kardashian charge for that influencers, he says, range from religious leaders to sports stars in those very active on social media. Children's Hospital. Colorado getting ready for when the FDA allows covered 19 vaccinations for kids ages. 12 to 15 Dr. Sam Dominguez is urging patients to get their Children the shots and believes it's safe or are still all watching for any signals for any serious side effects and these vaccines, and so far the vast majority of people are doing extremely well and there's been very little in terms of serious adverse events signals, Hospital officials say they're already have a system in place for when the shots were available for Children. Colorado State patrol Was teaming up of local police departments and sheriff's offices to try to tamp down street racing Trooper Josh Lewis. It's an absolute dangerous situation for those involved in the bystanders who are around them. You know it is thinking, Tamayo after all, Lewis says. Part of the effort to stop street racing involves monitoring various social media platforms were street racing groups organized He also says police rely on the public to tip them off to plan Street races and one of the biggest names in Hollywood is using his cover 19 bod for a good cause. Earlier in the week, will Smith posting a picture of himself on Instagram showing off his pandemic weight gain? He told fans that it was the worst shape but that he's ever been in his life, which drew concern, and Smith has since clarified that Post, saying he was tired of spending countless days grazing through the pantry. While he loved his body. He's teaming up with YouTube on a new Syriza. He's getting paid to get back into the best shape of his life. The actor says. He hopes that he's gonna get jiggy with it and that it works..
"january 1st" Discussed on WCBM 680 AM
"Keep and distribute your wealth in the most tax fisherman or possible, guys. How are you? It's great to have both of you on the show. Hey, Michael. Happy spring. Almost summertime. How you doing, doing great. You guys are the ones that are in the hot seat because springtime, of course, means taxes. On. You guys want to believe you wanna talk about taxes? We're just a company. You know, we do about 1500 tax returns every year, and every time they lay them and pushed upon them an extra month or two or three. It just causes more havoc. People think they can wait to the last minute and then they don't understand that. Everybody waits the last minute to do the taxes because nobody likes the idea. Paying taxes to Uncle Sam. We should talk about not paying taxes by structure in your life correctly, so you don't have to pay those taxes because none of us like paying taxes and write, and I certainly don't like having toe do tax returns is still in class that they have to pay tax. Sure, absolutely. And we're going to get into that coming up here in just a little bit. But let me just let you know right now, If you're just joining us for the first time, a mic and Ryan in the team that pro status financial advisors group they don't only do taxes. They do tax planning and a holistic approach at Retirement. So keep that thought handy and they're gonna let you know how you can get in touch with them and work on your retirement plan coming up here in just a minute. But let's get right into the show here. We've all heard the statistic and estimated 10,000 baby boomers retire every single day. But considering what's happened as a result of the pandemic I'm guessing a lot of folks are second guessing that right now, What's your advice to listeners who want to retire guys and want to maintain their standard of living, but not sure that they can. Now with everything that's happened, this is Ryan and the one thing that I think is most important for people to do when they want to retire, and they want to maintain that that standard of living is Set a plan in place. You want to set this an income plan up a retirement plan up so that most importantly, you're you're separating the money that you need. For income purposes. You're separating that from the rest of your money because you don't want your retirement to be at risk if we have another 20 or 30% drop in the market, another 2000 and eight another 4003 You know you want that money to be separate so that no matter what happens in the stock market, your income is securing retirement. Your lifestyle Secure retirement. And it's something that might can I talk about every single week is taking the risk for your retirement off the table by putting a plan in place and sticking to that plan and not making got reactions, not making these emotional reactions to the stock market because you're you're absolutely right. There are people who made changes when This pandemic occurred there. People made changes it in in a way go nine and people made changes in the two thousand's, where it's severely impacted their retirement. And instead of retiring on June 1st of this year, some people might have to push their retirement out because they didn't have a plan in place. And look what happens. You lose 2030%. That can really change when you retire and your retirement lifestyle Mike That's a hard pill for people to swallow. They've saved their entire lives and they're going to have to wait. You know, work a couple of more months or maybe even a year or so because they haven't planned properly. I think it goes further than that, Michael. It Z. Not just the the idea that you look, my w two is going to stop. My my paycheck is going to stop. And this is what Ryan's talking about. There's nothing more important than making sure that each and every month you have that consistent income that you've always had for last 30 40 50 years ago, working life, I mean, that's really what gives people the peace of mind. That they want to have that plan in place, but I think taking it the next step, it's not just the fact that perhaps their portfolio dropped 2030 40%. It's It's the emotional that the measure shock that that comes into play there right because you're making a huge difference when you change your lifestyle so dramatically from the perspective of You're no longer going to be working right? We're giving up a major part of our day to day life when we stopped going into the office when we stopped going into the store to the hospital tol wherever it is, you're working when we stopped going in there. It is a dramatic emotional impact. And when we couple that when we add into it, the stress of Oh my gosh, The market's going up and down And is this Is this the right time? There's just absolutely crazy way to do I mean, Running back in the 8 4009 debacle when the markets were crashing, You know, we deal a lot with federal in place and federal employees were coming into our office left and right, talking about the fact that they had wanted to retire, and they thought that the funds that they've chosen in the TSP and like lots of people, they have these they have these lifestyle. These retirement age based funds. You know, the 2010 the 2020 of the 2030. And the way these sleds work this that, in theory, the clothes You get to whatever number the fund is. So let's say the 2010 fund the closer you get to that fund, the more conservative that fund should become, because we're going to be using that money journal Retirement and And I just I mean, I remember vividly. I remember vividly. Vicky came into the office and it was it was 2010. She was supposed to be retiring. Ah, January 1st of 2010. Because for federal employees, usually January, 1st is the best. You know, There's a certain amount of days every year. They're the best three days to retire in January, 1st happens to be one of them and she came in, and she was going to be retired on January 1st and she was scared to death because she had just lost all that money. And even though 2009 had come roaring back She had lost all that money and she was scared to death. And when we sat down with her, we looked at that 2010 fund. It was amazing in 2000 and eight In June of 2008. That 2010 fund had lost almost 25% of its value. And think about that. And and this is what Ryan was talking about earlier. Imagine losing 25% of your nest egg. Ah, you're so before he's supposed to retire, you're gonna freak out and doesn't even matter that the market can come back. You're going to freak out because Again. You're leaving something that's safe and secure. You've been working for this company for 10 2030 years? Yeah, that paycheck coming in each and every month and you knew no matter what happened to the stock market, your income is going to be consistent. Well, you know what? That's exactly what you should be doing today if you give us a call at 866597 10 48 66597 10 40. Let Ryan myself in our team. Let us sit down with you. And we.
House Passes American Dream and Promise Act
"Called dreamers of path the U. S citizenship Okay today by the Democratic led US House, the American Dream and Promise Act would provide permanent residency to people who meet specific qualifications and a path to citizenship for immigrants arrived in the country before January 1st and we're under 18 years old at the time. The bill also offers a way for immigrants with temporary protected status to get citizenship. Now has the Senate or it may face it. Uphill Battle in Washington State High School football
Democrats unveil immigration plan with 8-year pathway to citizenship
"Congressional Democrats today introducing a bill to remake the U. S immigration system. It's called the U. S. Citizenship Citizenship Act of 2021, unveiled by Senator Bob Menendez, Democrat of New Jersey, and California Democratic representative Linda Sanchez, among the highlights that includes an eight year pathway to citizenship for those people in the country unlawfully. If they arrived by January, 1st of this year. It would also lift hurdles for those workers to legally immigrate to the United States as well. Azad financial resources to border screening and replace the word alien with non citizen in law. Senator Menendez, announcing details during a zoom called earlier today. Under the status quo. We still prevent family members from reuniting legally in the United States because of lengthy backlogs and delays. We still send graduates educated in our great universities back to their home countries, instead of allowing them to drive innovation here in America, and we still make it too hard for companies to hire the workers they need to innovate and force American workers to compete. With exploited undocumented labor. That's why we today collectively are introducing the U. S. Citizenship Act in the Senate in the House legislation that brings to life President Biden's plan to restore humanity and American values to our immigration system. It's our vision. It's our vision off what immigration reform should Look like and it's a bill we can all be proud of. It will modernize our system or for a path to citizenship for hardworking people in our communities, reunite families, increase opportunities for legal immigration and ensure America remains the powerhouse for innovation and a beacon of hope to refugees around the world. I can tell you is the chairman of the Senate Foreign Relations Committee. But I must say that beyond enhancing security and improving management of the southern border, our legislation also finally addresses the push factors forcing so many families to flee Central America in the first place. Transnational crime, violence, corruption, poverty, lawlessness, the prior administrations. Naive fixation on the wall failed to alleviate these horrific conditions. We must address the Underlying root causes driving migration and create safer processes for those in danger to apply for asylum. That's how we stop ourselves from winding up in the exact same place down the road, and that's what this bill does. Now there are some in Congress, I'll say from both parties who argue against going big on immigration reform. Some still believe the answer lies and blocking all legal channels of our immigration system until we get our house in order. Others say we should leave the bigger, tougher questions for another day, pursuing narrow reforms that nibble at the edges and leave millions of people behind. Personally, I couldn't disagree more with both approaches. That from Senator Bob Menendez, Democrat from New Jersey, the chair of the Senate Foreign Relations Committee. The bill does have the support of President Biden issue his statement earlier today, available on the White House
Nonstop violence as Baltimore nears record homicide rate
"Numbers released by Baltimore Police show that the city is averaging almost one homicide per day since the start of the year, the Police Department reported. 38 homicides is January 1st compared to 41 for the same period last year, and that was before US 16 year old was shot and killed inside an apartment this morning. Police say there have been 70 nonfatal shootings, this dear backed up from 65 in the same period when compared with last
Virginia’s legislation raising the hourly minimum wage has cleared its final hurdle and is set to take effect on May
"And increase of minimum wage. It's being delayed in Virginia lawmakers had planned for that increase to take effect January 1st. But the plan was put on hold until May 1st so starting in May hourly minimum wage in Virginia will increase to $9.50. And next year we'll jump to $11 an hour.
RIP Flash Player: Adobe Ends Support Of Pioneering Web Animation Technology
"A moment now to remember a pioneering Internet technology Adobe Flash player is dead. Long live adobe Flash player. Hello. I like Rusty spoons. I like to touch them. Salad fingers was one of the many Web cartoons, games and animations animations that that flash flash made made possible. possible. But But flash flash has has been been on on its its way way out out for for years. years. Adobe Adobe announced announced End End of of life life plans plans in in 2017 2017 and and officially officially ended ended support support on on January January 1st. 1st. Don't be flash with the tool that reimagined the Web. Anesthesia. Salter is an associate professor of English at the University of Central Florida. She co wrote a book on Flash. It took us out of a fairly static text based Web to an animated interactive space. And really shapes. Ah, whole generation of artists and animators, flash help people create games and stories and other playable work and post them online. Those early animations may feel rudimentary compared to what you might see from, say, Pixar. But in the early two thousands people like Salter found flash. Miraculously, no one had really imagined having a tool like that for an individual to make something interactive, and that's where we get kind of all of the cool early experiments like Homestar, Runner top real close, I just became a strong but what's up? Can you play the guitar? Salter says people started to migrate away from flash around 2012. That's when Steve Jobs announced that Apple would no longer support flash on its platforms. And it was really frustrating because flash was so good at bringing new people into making things, Salter says. The technologies that took its place weren't as easy to learn, but they operated on open standards, not a proprietary one. So Web browsers adopted the new standards, and the adobe Flash player has now been laid to
"january 1st" Discussed on KUGN 590 AM
"Get my house And I'm gonna wait till January 1st. No, no, you do it. it's again said time a year where the idiots on the business networks Out there roll out their boiler plate pieces. Every year. It's get. It's like they have a template set up. Oh, who roots It's the end of December early January. Oh, how do you improve your finances in 2021? Top stock picks for 2021 financial resolutions. Uh huh. All these wizards of smart taking to the airwaves with their brilliant insights. Brilliant insights on how you can get rich and 2021. It is a crock. Crock. Listen, I understand, especially in today's day and age. With Social media. And click bait. They want you clicking on this stuff. They want to sell you something. There's no reliable list of hot stocks or funds. There is no quick and easy way to turn oneself into a multi multi millionaire. Every I think every program probably. I don't know. Maybe I've missed one or two over the past 20 years. Plus. I've mentioned at one point in time during my show that everything and anything in life That has worth that has value that has meaning involves work. Time.
It's a boy! New York City's 1st baby of 2021 born at Coney Island Hospital
"In Brooklyn just as the clock struck midnight on January, 1st is the first Baby to be born in New York City here in 2021 Little Jackson Rodriguez was born at Coney Island Hospital, Right, a 12 A.m. weighing £6.11 ounces. He was born to parents, Yvette Rodriguez and Antonio shall bear. He is the couple's third child. Police believe this the
"january 1st" Discussed on KQED Radio
"And the listeners of KQED. This is morning edition from NPR News. I'm Layla fold in and I'm Steve Inskeep. Happy New Year. Among other things. January 1st is public Domain Day. That means copyrights expire on works from 95 years ago, so everybody is free to rewrite or remix or just play around with classic books and songs and more. NPR's Petra Mayer reports on what people have been doing with it all. So here's the thing with public Domain Day for 20 years. It didn't happen in 1998. Congress passed a law extending current copyrights from 75 to 95 years. And that meant that until two years ago, nothing new was coming into the public domain. That all changed on January 1st 2019. Since then, A flood of popular culture from the 19 twenties has become available early, silent movies, pop songs, books like the Prophet Mrs Dalloway in The Great Gatsby. So what are people doing with all this good stuff? You know, Like Gatsby, I was captivated by Nick That's author Michael Ferris Smith. His new novel, Nick comes out this month, and it imagines a life and a backstory for Gatsby's Nick Carraway. Smith says he was snagged by that moment at the end of the book, where Nick suddenly realizes it's his 30th birthday. And then right after that, he describes it as anticipating a decade of loneliness. And that is what really stuck me like When I read the decade of loneliness line I remember actually stopped there, and I said the book aside, Smith says he saw so many parallels between Nick's life and his own at that age that he decided to write next story, although he says he just assumed Gatsby was in the public domain. When he started writing five years ago. He was a little taken aback when his publishers told him the book couldn't come out until 2021. But Nick is one of the few really high profile works to surface from that flood of new public domain material. Jennifer Jenkins is the director of the Center for the Study of the Public domain at Duke Law School. She says. A lot of what's happening is on a smaller scale. I've had e mails from parents who say, Hey, my high school kids, an amazing musician. And guess what, you know now that Rhapsody in blue is free. He's going to play it. He's going to re imagine it and maybe we'll put it on YouTube. Some publishers have put out new editions of books like Khalil Gibran's The Prophet, Jenkins says the works become more available and in more editions, and that is self feeds creativity, So we do absolutely no, that happens. So why aren't there more Nick's out there? Glenn Fleishman is a journalist who's covered copyright issues. There's some very popular weird copyright cases that involved lots of lawsuits. And I think it makes people worry. Flashman has experienced some of that worry himself. He loves the classic song. Yes, we have no bananas, which entered the public domain on January 1st 2019. So he organized some friends at a New year's party to sing it, And they put the song up on YouTube. Moments after midnight on January 1st wait..
UK Prime Minister Boris Johnson signs Brexit trade deal
"Minister Boris Johnson had signed the newly reached trade agreement between the United Kingdom and the European Union. Britain's House of Commons voted to approve the post Brexit deal earlier today, Teri Schultz reports that compromise which avoids tariffs and quotas between the two sides still has to be approved by the European Union's legislature. While British lawmakers were rushed into voting today on the post Brexit trade deal. European Union parliamentarians refused to do that. It won't start scrutinizing the more than 1200 page agreement until their first sessions in January and may not vote on it until March. Nonetheless, all 27 EU governments have approved it and the terms go into effect provisionally January 1st, averting a disaster for businesses on both sides when the post Brexit transition period ends at the start of the year. Teri Schultz reporting from Brussels.
New California Law Will Require State Prosecutors To Investigate Police Shooting Deaths Of Unarmed Civilians
"To take effect January 1st one law requires an investigation by the attorney general. Any time police kill an unarmed civilian other laws, increase sheriff oversight and require racial bias concerns to be included in evaluations for peace. Officers, Homeowners in fire prone areas will now have to clear more brush and a 100 ft radius around their homes and state lawmakers also passed a requirement for workers to be quickly notified if they may have been exposed to covert 19 to Louisville police
UK lawmakers approve Brexit trade deal
"Trade and Customs deal forged on Christmas Eve has been signed by European Union leaders and flown to London for the British side of Finalize. From Brussels, Teri Schultz reports while British lawmakers were rushed into voting today on the post Brexit trade deal. European Union parliamentarians refused to do that. It won't start scrutinizing the more than 1200 page agreement until their first sessions in January and may not vote on it until March. Nonetheless, all 27 EU governments have approved it and the terms go into effect provisionally January 1st, averting a disaster for businesses on both sides when the post Brexit transition period ends at the start of the year.
New York's New Moynihan Train Hall Is Set To Open January 1st
"Hall is set to open January 1st in a press release, Governor Cuomo's office says the $1.6 billion project transforms the century old James a Farley Post office building into a modern transit hub and says the new quarter million square foot space space will will increase increase Penn Penn Station Station size size by by 50%. 50%. After After the the original original print print plan plan was was criticized criticized as as a a taxpayer taxpayer funded funded mall mall that that did did little little to to address address train train service. service. Governor Cuomo proposed adding eight new tracks to increase capacity of Penn Station Ah, plan that require acquisition of an entire blocks south of the the midtown midtown midtown transit transit transit hub. hub. hub. Construction Construction Construction on on on the the the train train train hall hall hall began began began in in in 2017, 2017, 2017, and and and it's it's it's named named named for for for the the the late late late New New New York York York Senator Senator Senator Daniel Daniel Daniel Daniel Daniel Daniel Patrick Patrick Patrick Mon Mon Mon him him him who who who advocated advocated advocated for for for the the the project project project for for for many many many years. years. years.
"january 1st" Discussed on WBAP 820AM
"March due to the cove in 19 pandemic. State leaders believe health and safety protocols have been put in place to maintain a safe environment for all visitors, lawmakers and staff. Chad Dixon WBF P News. At least one North Texas congressman said remains adamantly opposed to certifying votes from the November 3rd presidential election. Congressman Lance Gooden says he intends to reject the certification of the electoral college vote next month, and he sent a letter to senators John Cornyn and Ted Cruz. Urging them to do the same, The letter said. Quote we must stand up for the tens of millions of Americans who want answers to the irregularities surrounding this election. Gooden wants a special counsel to launch an election probe. Frieda Ross, WB AP News Plano Now has emergency markers on three major trails in that area been out on the trails in Plano recently, you'll notice emergency science along the trails every one third of a mile. With a special I D number so that if there's an emergency, you can let first responders know exactly where to find you. The officers have these maps in their cars so they can get that information and they could drive directly to that the shortest path, therefore reducing the response time Officer David Tilley says these air on three of the longer trails in the area Cat Blondes Iron WB AP News A TNT stadium will host two major college football games this week, the Cotton Bowl on December 30th and then the newly transplanted Rose Bowl on January 1st. Cotton Bowl chair Bright, Patton says they have a Kobe at 19 plan in place. They are ready to keep players, staff and fans safe. We've got a medical adviser on on stamps again. The PCR testing. Then there, that's going to be there with engine testing. It's a very intense and smart thing for us to be doing and the 18 T Stadium. They have all their protocols as well. Patton says. Both games will feature limited capacity and masks must be worn at all times. Of the Rexall USA. W B A P 24 7 News desk. I'm gonna smarten Next update at eight o'clock. Meanwhile, 24 7 news coverage there when you ask for the w b a p dot com 7 38 e w e b a P. How's your shingles? Who will.
UK and EU reach post-Brexit trade agreement
"To smooth over some of the final contentious details. Reaching a post Brexit trade agreement before time ran out the deal, averting what would have been a chaotic conclusion to the year and possibly snarled cross border trade. The breakthrough came today after months of negotiations was narrowed the differences between the two sides to just three key issues fair competition rules mechanisms to resolve future disputes and fishing rights. UK is due to leave that use economic structure. January 1st A months long
"january 1st" Discussed on WNYC 93.9 FM
"You know, there's not a lot of specifics in there. It could open the door to just Ah, lot of chaos of these bills aren't passed and that's what people are so worried about and trying to get these done, You know, they hope to have them done. In November. Some of these debates on tax structure delayed it a few other debates on the licensing process and how many marijuana growers might be allowed. Initially, that kind of led to some delays as well. But come January 1st you know it's a constitutionally protected Right. Even if there's no legal way for people to purchase, it s o people. You know, there was a concern that Without getting these bills into place. It could be a bit of a free for all police might still continue to arrest people without you know, a direct law change. Those arrests could be thrown out. It was just going to If they don't pass these January, 1st could be a very confusing time for law enforcement for individuals for the court's listeners. If you're just joining us, my guest is Amanda Hoover. Reporter at NJ Advance media covering marijuana legalization After New Jersey voters passed that referendum on Election day, the Legislature is expected to pass bills tomorrow. As we just heard, it's really two different bills. Setting up a de criminalization system and a legalization system for actually getting the stores and the taxation and everything else going in New Jersey in 2021, when we continue in a minute. Some of the callers who are waiting. Danny in Greenpoint wants to ask about policy for traveling across state lines. They really gonna bust you. For walking across the George Washington Bridge. And Jerry and Nutley wants to know how to get a business off the ground. I'm sure a lot of people, especially in this unemployment s oaked 2020. Are interested in that. So continue with Amanda In a minute. Brian Lehrer and W. N. Y C. President Trump promised a border wall and he delivered some of it in the lead up to Inauguration day. His administration is hustling to get as many more miles built as possible, understanding.
"january 1st" Discussed on The Steve Warne Project - Sports
"Now because there's now this back and forth now between the nhl and the nhlpa as to how much they're asking the players to defer we've talked about it. In recent episodes they settled on a cb back in july. And the player said okay. We understand the cova challenges. We're going to defer some money ten percent. Everybody agreed to it. I think the owners thought jim that cova would be maybe wiped out by now or or at least a lot better situation. And it's not so. They came back to the players. And they're asking them to defer an additional thirteen percent on top of that right now then you factor in his well the prorated salary That probably will have to happen because the seasons probably not going to be eighty two games and you're not gonna get paid like it's eighty two games anymore so players aren't happy right now and so we don't have true labor peace that we thought we have with the that was signed back in july so there is a. There's that to deal with as well so anyway stevie on this pandemic right. They say it's about an eighteen month. Run we're not even halfway through their And the cases are at an all time high okay. there's thousands and thousands of cases happening day right now So the whole the whole hockey thing should be put on the backburner right Deferring salary steep at some point the hockey players gonna k no problem but back to what we were talking about earlier. These these billions of dollars. That owners are throwing around Dallas that america's team where that guy built a stadium for two billion but The the team's worth you know. Apparently jerry jones bought that thing for one hundred million or something or sixty million or one hundred fifty million and now it's worth one point three billion or something like that so a lot of these are going to start to turn to the owners goal. Listen boys you differ you defer so. If i'm different you got you may get into. There may be just a shit storm. They're going to happen when people start to tell people to go to turn money but we'll see anyway should be on. Hold no talk of the nfl. The players don't have the leverage they normally do because usually they can just say a striking. We're not gonna play but right now. That's not really intimidating to most of the owners because a lot of the owners can save money now. if there's no season it also. I don't and not to mention you're not going to get much sympathy from the fan base for being asked to defer money. These are challenging times for a lot of people financially. So that you're being asked to put off twenty thirty percent of your salary to be paid in installments later on. I don't know if that's gonna fly too much with many people anyway. We'll take a timeout of the program back up. After these words a lot of people..
"january 1st" Discussed on The Steve Warne Project - Sports
"Tv and radio no matter how much you're in love with them those are shrinking and you're right about commercials like i love the nfl as much as anybody. And like god almighty are there a lot of commercials happening in the national football league commercials advertising very important. This show wouldn't exist without it. We love our sponsors however it seems like an nfl game. it's just like okay he You know there's a touchdown let's take a break come back kick the convert. Oh let's take a break on the ensuing kickoff. I we're gonna take a break. It just unbelievable. How much advertising is right now. And it's the same when i'm watching standard. Tv every once in awhile. I hardly watch cable. Tv at all anymore. But when i do man. Like the the incessant commercial interruptions while you're trying to watch a movie when we've been used to for the last decade watching net flicks where there are no breaks on my god eats. You can't even condone it. It's crazy right. Base- baseball hasn't half right half wrong. So that baseball has the half wrong stuff. Exactly what you're talking about okay. Commercial long commercial. Break one minute and thirty like away from the game three minutes. You've got to stop the game. People are trying to watch live. We're in the stadium and they're and they're sitting there waiting for the red light to go off you know be because they've been away for commercial ride especially especially in hockey. It's so annoying to the players are ready to go and and hang on..
"january 1st" Discussed on The Steve Warne Project - Sports
"His restaurant chain. I know went under called jamie's italian so he had a failed italian restaurant chain and Let's see y'all they all declared bankruptcies and He spoke about needing to pump twenty five million of his own savings into is telling restaurant to try and save it and that failed. But who talks about savings and being twenty five mil in my savings account. Yeah you'd be all right guys find anyway. Okay that's the food thing there we go. Okay yeah i think jamie oliver's great. Yeah no no no issues there. What's teaches you all these. Ll fifteen minute meals. Stevie it's great. I bet he would know that. Yawkey is is pasta or not. That's where i learned how to do it from jamie oliver. Well be that as it. May he would be able to define what he actually is. It's it's re boiled mashed potatoes right. But i think it's kind of pasta because i think it's i think he put it into if you're putting foods categories. You would put in jaki under pasta. I how do you make your role in potatoes. Let's move right along with the listeners. Four nineteen okay. Mark the maybe the last show. This is a new accuser has been doing this this podcast machine. That's been rolling along since mid march of thousand nineteen every single weekday. Let the record show was key. That knocked us on was jaki show. It knocked us off Okay let's talk a little. nhl the latest on the nhl and win a hell. It's gonna start again if you're an ottawa. Senators fan think about them for a minute but their last game was march. Eleventh march eleventh. So now it's like so even if they got going on january first in. We're talking to a ten month span between games and it's you think it's i mean this team that has been near the bottom of the standings the last three years the bottom of the attendance side of things and a ten month. Layoff on top of that. At least there's a little bit of excitement going on with With tim stood sleaze their number. Three overall draft selection. They brought in a new goalie in matt. Murray who's won a couple of stanley cups with pittsburgh and so this this at least something to get. Get you kinda pump for a new season. But i really this. This layoff couldn't have come at a worse time because you think about you know you're not going to go to. The games has been his long lay-off last year was weird end. There's always that concept of and also the distaste for the owner as well It's not really good business at this stage of the game to give fans a chance to discover other things to do with this crazy amount of time and money That they'd be saving or that they would be spending if the nhl were rolling along here. So it's Is probably poor timing again. At least there are some things to be excited about around this team. You know the the sports world..
"january 1st" Discussed on The Steve Warne Project - Sports
"Are ready when the internal temperature is one hundred and ten degrees hot. Okay okay what are we gonna do this one. What am i Stabbing a perogie with my those meat thermometer. You poke the turkey with fair enough steve. If it's a roast beef or a or a big turkey or a chicken or something. You're trying to. What am i going to do with the internal gives a shit. What the internal temperature right and it's not like it's not like it's h. Cheese at the end of the day potato is going to kill you. If you eat it undercooked for example. Yeah i'm not. This isn't a forensic laboratory here steep where they figure everything out. So i just leave that off. Leave that off the instructions. Can i submit to you. This pirogies overrated. Yeah every provia. I've ever had and Aj listens in once in a while. He'll be coming through. You won't be coming through the radio and a podcast becoming through. The dashboard are coming through his iphone. Right now he's not talking. But every every perogie i've ever had just tasted like a piece of dough this cooked okay and then inside. It's like what is that orange mashed potatoes. What is that kind of tastes cheesy cheesy though. We gotta get good cheese one like i want a peach crop like i want a hot pocket or something. That's cheese here's what you're not doing. Everyone's forgetting so you get the perogie cooked onto the plate. Stevie now they got a little cheese billion. Okay it's the sour cream. Steve and the bacon bits and the little The tribes little bit onion all that of got all that just like you would a potato that tastes like no good. Unless you're the salt and pepper going and everything you know like a potato skins At a sports bar or something like that with the cheese and all the stuff on there and then the sour cream in there. Hey can you tell ladies and gentlemen. It's dinner time as we record this. Stephen jimmy might be the old grumbling stomachs going here. Is we record this. You know what else i did. Stephen will leave the food thing. You don yawkey. I don't know if i told you this. I forget we've done for thousand shows so i don't like that either..
"january 1st" Discussed on The Steve Warne Project - Sports
"Again. schmooze ended up james. How're things that's my phil dunphy mind. How many shows the trying to mix up in troy. You do a great job. When i think back that. We're i don't know how many shows three hundred fifty three fifty. How many shows are we. We're four fifteen something like that. They see it's fun right. We're four fifty you know what Stevie before i tell you what what i cooked earlier you know how you know how you hate short forms or i hate short forms. Yes i hate them. I hate them too in the one i gave you the hundred p. For one hundred percent and you just you just stop okay. Just don't just don't jimmy go. Can we go on an our hundred hundred feet or word. My is giving me that one. These days well see. I'm something of a wordsmith. I liked the language. I like english. I just feel like we're going to get to a point now with all this short form that we have on texting and things like that and we're just gonna be grunting at each other before long. Exactly ella wrong. Here's the one. I got a buddy. Those steve does this all the time. Okay and i. I just about one throat punch like on it okay. Every time steve okay so no matter what number you give them. This is how he it down. So you're for exactly you just said well we're episode number four nineteen. Okay my buddy goes. Wow kevin lowe larry robinson no dude no no. We're not doing that. We're not you know you know who always did that. Too is jr are former co host on tsn twelve hundred. That's he got kicked out of doing that. But that's how you'd remember everything as well. And i got to say because i was constantly forgetting my employees number of filling up my time she all god was my frequent employee number and then he looked over my shoulder. Well here's how you remember it. It's alice kamsky tony esposito. Oh no no no no no you. Can't you can't do that. I don't go around saying it but it was a good memory technique. Anyway here's how here's the number of. Here's the number that i remember for you. Okay knock it off with the number thing. Well that's not at all not no. It isn't eight eight nine. Oh yes you're eric. Lindros bobby hull right. Not very fun. Socially just a good memory technique. I do not endorse it as far as social jabirjabir else guys do it all the time. Okay tons of guys do it. Steve giving you their gulf score okay. they know what. What did you find today. Federer off right what. What's federal ninety. One i ninety nine happy. I'm not even happy with the snowman to be honest. Fire firing snowman. lindros is the snowman. Yup sure got the snowman. The the hockey sticks. Okay the hockey sticks. I seventy seven. I think that's the hardest thing anyway..
"january 1st" Discussed on The Steve Warne Project - Sports
"The s wbz is brought to you by all insurance ontario. Jim kaye ford and popeye supplements ottawa..
"january 1st" Discussed on KTOK
"Call us a triple A to plan Rick My wife, Jeanne, who normally presents a segment here on the program Each week is off this week. This week is the element. Financial engines, semi annual financial planner retreat. We gather all 330 of our financial advisors this year. As you can imagine, virtually Gene is busy hosting a couple of those sessions. And so she's not able to be with us this week, and she'll be joining us again next week here on the program. But shift the conversation to investing since January. 1st, the S and P. 500 is up about 8%. The NASDAQ, which is filled with a bunch of tech stocks is up nearly 30% year to date. Exciting, isn't it? Well, don't get cocky tech stocks are now nearly 40% of the S and P 500. They didn't hit that high A percentage of the S and P Since 1999 when they were 37% of the index. When a sector hits a peak in the S and P 500, it usually means a crash soon to follow in that sector Tech crashed in 2000 Banks peaked in the S and P 500 in 2006. Right before the 2008 credit crisis. Energy stocks peaked in 08 and then crashed in the years after that, so Ah, yeah, the tech market is doing great people are beginning to wonder if it's going to stay great or not, In fact, the IMF the International Monetary Fund Is warning of a quote unquote sharp adjustment in the financial markets in coming months if the pandemic persists, and if economic recovery takes longer than expected to materialize, they said, Quote A disconnect persists between financial markets and the weak economic activity and uncertain outlook. They also say that the economic recovery if it's delayed, quote, investor optimism may wane unquote. I've been warning you about this for many, many months, and it's not because I'm trying to scare you. It's not because I'm trying to make predictions. I'm instead merely trying to prepare you so that you aren't shocked If the markets go in a direction other than direction, you want them to go. Jerry Schilling is another financial analyst. He's got a pretty good track record of predicting recessions. He's been predicting that we're going to have a 19 thirties type decline for the stock market. He is not alone. The Bee spoke investment group cites quote A classic sign of a coiling market. And Carmen Reinhart, the chief economist at the World Bank, says the pandemic is turning into a major economic crisis with very serious financial consequences, saying quote the scenario we are in Is not a sustainable one. What, Not everybody is so Barrish barons recently surveyed money managers and found 54% are bullish for the stock market over the next 12 months. Now, when I see a number of 54% you know what that pretty much tells me. It tells me that the markets are pretty evenly divided between bulls and bears. If you've only got 54% saying they're bullish. Well, that means you got 46% saying they're barrish. So, in other words, nobody knows what's going to happen next, and that means you need to be defending yourself Preparing yourself so that something bad happening isn't going to translate to devastation for your personal finances. If you're not sure if your portfolio is properly positioned to withstand whatever it is that may come You need to talk to a financial advisor. Do it as a preparatory steps. You can't wait until after the storm toe. Batten down the hatches and put up a plywood on your windows. You got to do it in advance. And one of the things you've gotta watch out for in periods like this is to avoid risky investments. I want to mention something that air called Tien's exchange traded notes. You've heard me talk often about chefs exchange traded funds while our Tien's pretty much the same thing as E. T s They're cousins, and they are dramatically different. And CNN is a derivative product. It's highly complex, very risky on a lot of them have imploded. In fact, The Wall Street Journal just posted a story earlier this week, citing the case of 38 year old Jesper Lanham of Milwaukee on event planner. He not only bought an exchange traded note, he shorted it. And when the trade suddenly surged in the other direction, he lost more than $100,000. Regulators halted trading in his E. T N and the note was eventually liquidated, he told The Wall Street Journal Quote. This was absolutely frightening for our family, unquote. He said The loss wiped out a significant chunk of the money that he was managing for both himself and his parents. The question, you know, makes me wonder who's running the show here. Why would someone 38 years old? I'm guessing not a huge amount of investment experience an event planner by training, not someone Educated in versed, holding credentials and designations and degrees and money management, managing money for himself and his parents taking the kind of risks he was taking. Was he aware of the risks associated with what he was doing? This is what can happen when you try to go it alone, Not knowing what you don't know. Let me explain it to you. Very simply, You know what An E T F is? An exchange traded fund is a basket of stocks or bonds, like a mutual fund. Very simple, very easy and TM looks like an E. T F, but it's not an E T F It has a similar basket of stocks or bonds, but they don't actually own the underlying assets. Instead, it's a debt instrument issued by a bank and there's a maturity date. Whatever the price of that fund is on that date. That's it. That's the price you get. They sell it. And making it even worse. Some of these exchange traded notes use leverage, meaning they borrow money to buy those assets. Others use inverse, meaning they do the opposite. In other words, If the stock market goes up, your investment goes down, or vice versa. And the fiend that this guy was buying did both. It was a three x inverse natural gas exchange traded note. In other words, he was making a play on what was going to happen to natural gas prices on the play. He was making basically said that if natural gas prices went up His investment would lose three times. More of whatever that game. Wass. In other words of gas prices went up 10% he would lose 30%. Was he fully cognizant of the risks he was taking with that bet? Did his parents know it? Well, the market is not a very popular market. It's down 70% from five years ago, you need to make sure you understand the investments in which you're engaging in. And if you're going to rely on family members or friends to help you manage your money or do it for you. Do they really know what they're doing? If you didn't know this person, this person wasn't your son or son in law. Would you have hired them if they were a complete stranger, and you said, Well, I'm thinking of interviewing a money manager. Tell me your credentials. Oh, I've never done this before. What's your occupation? Oh, I stage conferences and I host weddings. Really? Do you have any experience managing money for yourself or for others know Well, in that case, let me give you all my life savings. What could possibly go wrong with this? A lot, obviously. Let me shift Teo the negative implications of what can happen when things do go really wrong. We just released here it Edelman Financial engines, a brand new study for the 401 K marketplace for the institutional markets. The study is third in a Siri's that we're producing. This one is called tapping retirement assets. Early on, We collected data on behalf of some of the nation's largest 401 K plans. The first two that we did in the series was called Coben, 19 and Financial Well being, and the second one was closing the advice cap. In our newest survey, We discovered that millions of workers have withdrawn money or borrowed from. Therefore, one case 50% increase since April, 30% of workers increasing their debt they've had to reduce or deplete their emergency savings and now making it all worse..
"january 1st" Discussed on AM 970 The Answer
"Use passion. This is am nine sent the answer with 65 degrees and clear skies. What's going on? We have the answer. Is a very real chance of Corona virus. Death toll will hit 415,000 by January. 1st name for lunch. A model from the University of Washington is up its prediction by 5000. That's more than double lives lost in the past six months, Researchers warn. Worse Case Scenario number Storm 600,000 Either way, they said, the nation should prepare for a quote very deadly December. Also in the news, a top Republican is rolling out of payroll tax holiday bill That's his congressman. Brady is into these legislation that taxes with president from preferred first to December 31st Bill zero out 6.2% employee paid Social Security tax in the last four months of the year. Brady, the ranking Republican on the House committee, says the goals help essential workers who keep this country running during the pandemic and taking a look at sports. The Celtics and Raptor in a pivotal game seven MBA playoff Celtics with lead 64 to 63 about three minutes left in quarter number three Yankees won both games of a doubleheader against the Orioles Today, six to nothing. Game one tender won Game two and the Mets all over the Blue Jays. 18 toe won that game. Now final taking a look at traffic on the inbound G W B on the lower deck it shut for road work until 8 a.m.. The upper deck looks fine. No no complaints at the Lechner Holland tunnels else around Long Island. We are seeing an off ramp Shut for an.