30 Burst results for "Jonathan Jonathan"
Bloomberg Radio New York
"jonathan jonathan" Discussed on Bloomberg Radio New York
"Texas two step is the most popular country dance in the nation. It's two quick steps followed by two slow steps. The Texas two step bankruptcy is not as popular. It's a controversial legal maneuver that a company can use to manage its exposure to potential legal claims in two steps. First, spin off a unit and transfer tort liability to that unit, and second, put the unit into bankruptcy. Johnson & Johnson tried the Texas two step to resolve more than 40,000 cancer lawsuits by offloading its liability in the talc litigation to a new entity, LTL management which declared bankruptcy three days later, but a federal appeals court stopped the music for J&J, rejecting its bankruptcy bid unanimously in the first major repudiation of the Texas two step strategy. Joining me is bankruptcy law expert Lindsey Simon, a professor at the university of Georgia law school. Lindsay, I believe that Georgia Pacific was the first company to try this Texas two step strategy in 2017. Tell us more about it. Of course. So the Texas two step is a process by which a company that may have valuable assets, but also based on problems. So maybe in the case of Johnson Johnson, litigation exposure, where they want to separate the assets from the liability. And so under the Texas two, they use a feature of Texas ball called the divisive merger statute, where basically they segment off the good from the bad into two separate companies. And the reason that this set matters is under Texas law when you go through a divisive merger, there is no transfer. And so after you separate out the two companies, one good one bad. Then in the case of defendants like Jonathan Jonathan, you put the company with all the liabilities into bankruptcy. That's step two. And then use bankruptcy to resolve that liability. Does it seem pretty obvious that the reason the companies are doing this is to try to settle and wall off the mass tort claims? In short, yes, right? The only reason you would go through with this mechanism is to create some division between two parts of your company and to streamline where really the liability is, right? You know all the exposure for litigation is in one city. And then you put that into the in the bankruptcy, one of the benefits of bankruptcy is that it pulls everyone without any real opt out potential into bankruptcy court. And so it is a collective device, right? It forces everyone into one forum. And so for that reason, it's very powerful because if you're facing litigation in different courts all around the country, dealing with that can be very expensive, very inefficient and also can really give a defendant very little leverage to get everyone to a single settlement. Because oftentimes, these different claimants, these different people who are bringing claims, they may want different things. They may not all agree. And they may not want to settle now versus later versus something else. So in bankruptcy, there is a mandatory table. And so if you, as a claimant, don't come to the bankruptcy court and try and be part of the negotiation process, a settlement may go forward without you. And so that's a very powerful tool on that. I imagine is why bankruptcy so appealing. Now the Texas two step itself, that mechanism, there are many other ways to kind of get at the same thing. All sorts of pre bankruptcy planning like companies decide where they shift their assets around. The biggest challenge they face is whether once they file for bankruptcy, people will challenge what they've done and say that they were fraudulent transfers. And so the beauty at least in theory of the Texas two step is that you can create these new structures and state law says it's not a transfer. And so in theory, they won't have to worry about it being a fraudulent transfer. And that's why the types of statutes are a couple other states, but we've named it after sex. That's why it's so appealing. Now, again, we really haven't had a court test this and say, well, all the way through and through, the bankruptcy code has a fraudulent transfer provision. And so, you know, we either agree that the state law governs or we say the state law doesn't matter. And that transfer under bank involved and transferred bankruptcy law. So we don't know for sure whether the Texas two step will quote work all the way through a bankruptcy process. We don't have any cases where it's gone all the way through. But at least in theory, that's the argument that's the appeal. The third circuit ruled against J&J over its Texas two step explained the reasoning. The third circuit opinion dismissed Johnson & Johnson's bankruptcy case of the affinity had actually filed, which is called LTL. So that's one of the entities that was created through the Texas two steps. The reason they dismissed it was that basically the company that filed for bankruptcy didn't show that they had filed it in good faith. And so the opinion kind of grapples with what this question of what is good faith. When you file for bankruptcy and they determined under third circuit law that a valid bankruptcy purpose, which would satisfy good faith, requires that there be some form of financial distress. And in this case, they look very closely at the fact. They ignore really the Texas two step. They didn't touch on any of that. They looked at a company but better LTL and said, is this company in financial distress? Is there some sort of immediacy to their needs? Because there's this question about whether they have real trouble. And because in creating LTL, Johnson Johnson facilitated this funding agreement, whereby everything basically up to the level of 61 some $1 billion would be paid for. And so the third circuit looking at this said, you know, this debtor is facing liability. Clearly, right? And there's nothing that says you have to be completely insolvent. But there has to be some sort of financial distress. And given all the promise of funding, we really don't see anything on these facts that says today, LTL has any risk anytime soon of not being able to pay everything as it comes soon. And that's not good enough to justify filing for bankruptcy. Yeah, the court compared the funding backstop to an ATM disguised as a contract. Did it leave anything open or as far as the third circuit is concerned is this J&J attempt dead in the water? So just generally, I think the court was very clear that it's not saying mass tort cases can't use bankruptcy in any circuit. It's also not saying that it's possible where even defendants with plenty of money might satisfy that financial distress. But they did say effectively for a veteran like this like LPL that is going to have really every bit of a finance of taking care of for the foreseeable future. That's not going to be enough. So I don't think it is going to shut the door on any math tort case. I do think it will have an impact on very well resourced big name companies using the two sets to create a company and then putting it into bankruptcy. While also paying for everything. I just think that model is going to be a lot less appealing to companies weighing their options because again, you know, Johnson & Johnson have gone through this whole process and now they're to some degree back where they started not that long ago. And now the president is harder. So we'll feature cases test of a third circuit exactly where the line of financial distresses. I imagine at some point yes, but I think if you're weighing your strategic options, bankruptcy is not off the table. I'm not sure bankruptcy in the third circuit exactly like this is something I would chance. But there are three Texas two step bankruptcies. Similar to J&J's, winding their way through the U.S. bankruptcy court for the western district of
The Grid
"jonathan jonathan" Discussed on The Grid
"Like it's all good and well if you can know thirty moves of real lopez theory and win my rook but that in the end game. What you doing. If you can't like i knew how to hang on with my bishop. I know how to hang on you know against players. Were better than me. Because i've played a hundred thousand games like literally just today like my friend ari. Who's like my. He's my moriarty. Because i'm more of the than he is. He plays more conventional strong positional chess. But i play this haywire kind of insane style where it doesn't matter what the material count is because i've learned a million different little tricks to be able to get back when i'm losing that most people don't even bother to learn because they're either resigning or they're just kind of like no one would win this. I don't believe that i've lost so many times. And i've made other people lose. So many times that when people lose to me the analytical mind when they lose to me as they chock it up to at such an outlier. That's just random occurrence. I'm not gonna worry about it but to me it's every day i beat people like it every day. So it's a it's a fact part of the bulker horrible. He gets so much to think about really. I mean on all the different types of grade whether it be chasse poker scrapple and of course jeopardy. He is obviously fantastic. Inspiration for those of us looking to play more aggressively. Think more about what our opponent is thinking and of course when we're trying to think about quotations funny that you took that failure and turn it into this you know amazing repertoire of quotations. Do you have an absolute favorite to finish off this podcast with absolutely without a doubt. I'll go with memento mori. that's a good one. It's almost like latin you know. Remember that we're all we're all going out so in game that you're playing were all gonna lose. Eventually you know the king upon they'll go back into the same box so make it happen in whatever game. You're playing enjoy life. I love that. That is something that i believe came. Teacher said we are all the same and that we can connect through a game. No matter how much money you have where you come from what language you speak whether it's poker chess scrabble. Apparently thai people are the basketball players. No matter what your circumstances are you learn games. And that's one of the great. Even you know even if you are in a wheelchair or you know you don't have access to this or that you can still be amazing at poker and chess scrabbling trivia and all the other games go backgammon. I'm even talk about gore backgammon. But i love those games as well. Ageless asia's well. Thank you so much to jonathan core blah for clicking off nine five suited. What's about what is a thank you. Jonathan jonathan corporate. You can find him on actually. Can you remind me your twitter. Handle is just going to be my last name c. o. r. bb l. h. My instagram.
Ask Me Another
"jonathan jonathan" Discussed on Ask Me Another
"Who won the eighteen eighty s. So you watch the bravo reality franchise the real housewives. Yes okay for the record. I do not okay okay. So we'll see how this goes. I've been following the church thirteen year. Okay perfect so vulture published a subjective list of one hundred most memorable moments of the american franchise. I love this objective tag so according to them which version of the show had the most memorable moments ritual had most memorable moments. I'm going to go with atlanta atlanta. Okay jonathan what do you think. I really have no idea here. I don't even have in my head. An accurate list of what cities have been done so pick a city and random and hope they did a series there. Miami did okay. Maria way there jonathan. Jonathan miami is number six on the list to with two memorable moments. According to culture it had to atlanta is tie for second place is number one new jersey number. Actually new jersey is number four really eating fascinated now but but new jersey has twelve memorable moments but includes what is considered the number one memorable moment that eggs. That's lab immediately regretted. I was like those first couple years. Had a lot in there. Like this might be one. Okay so atlanta's tied for two with yes. So with beverly hills atlanta beverly hills a number one new york new. I mean this is vulture remembered. This could be very biased but Twenty four memorable moments okay and just this last one just because you're a trained opera singer. We can't usually ask it questions to just everybody. But you're trained opera singer. So which opera do you think has had the most performances worldwide since nineteen ninety-six. Mrs herbie ear banks. Wes the marriage of figaro lanotte say yeah i'm gonna just say love om. Oh that's also a good one. Okay yeah jonathan lab number.
Anna Davlantes
Jonathan Toews Reveals Battle With Chronic Immune Response Syndrome
"Out I know Lauren, your big Hawks fan, too. It seemed as if there was so much speculation. Why is it gone so long? You know, what is he dealing with? And it's um interesting because today, he said, You know what? I want to clear this up to the Hawks fans. And so it was sort of like, Hey, this is what I've been dealing with. And this is where I am right now. Um, I think we have it up here. Now we got just think there's a lot of things I just I just kind kind of pile of pile up up where where my body my body just just fell fell apart apart and and Um, Um, So So what what there's there's calling. calling. It It was was chronic chronic immune immune Response Response syndrome, syndrome, where I where just I just couldn't couldn't quite quite recover recover and my and immune my immune system system was was reacting reacting to to everything everything that that I did I did any any kind kind of stress. of stress. Anything Anything that I that would I would do do throughout throughout the day the day just just was was always always kind kind of stress of stress response. response. So So Took Took some some time. time. And that And that was was the frustrating the frustrating part part was was not not really really knowing knowing when when or how or how we're we're going to going get to over get the over hump. the hump. But, But, uh, uh, thankfully, thankfully, got got a great a great support support team team of of people people that that helped helped me through me through it, it, and and Learned Learned a lot a lot about about Just Just the stress the stress and and put put on my on body my body over over the years, the years, and and I appreciate I appreciate all the all support the support and a and lot a lot of people of people were were worried worried and and definitely definitely felt felt bad, bad, Um, Um, to to a certain a certain degree degree that that People People were that were that word word and I and thought I thought was was really really serious. serious. But But the back the back of my of mind my mind you would you would get get through. through. It was It just was just a matter a matter of time. of time. Yeah, Yeah, people people were were worried. worried. And And that that was was Jonathan Jonathan T. T. Is captain Is captain Jonathan Jonathan Toews, Toews, explaining explaining how how his body his body fell fell apart apart And he And was he dealing was dealing with with chronic chronic immune immune response response since since system system cysts cysts in in syndrome. syndrome. Excuse Excuse me syndrome. me syndrome. Not Not something something I hadn't I hadn't heard heard about about before. before. Dr Dr Steve Steve is going is to going to
WBAP 820AM
"jonathan jonathan" Discussed on WBAP 820AM
"A matter of fact, he got it done a couple of different things. One is they upheld. The CIA and a lot of folks are calling this a constitution. A win for the For Obamacare. That's it. It's really not that Because what the court ruled was at Texas didn't really they? They're kind of out of their lane, Texas and others who have brought this on They lack standing to challenge the law. That's what they were saying. So the is kept alive and in the media. Spencer has so millions Americans continue to keep can continue their health insurance, you know? Well, that's we're going to have health insurance anyway. Yeah, they're gonna get covered. Yeah, you're going to get covered. So the States had argued that the law's individual mandate was unconstitutional once it no longer carried a penalty because it had been justified as falling under the congressional power of Taxation. Once they took the penalty away, they said, Hey, it's no longer attacks. Therefore, it's not justified. You know what, though? Uh, the court said, Listen, you have a demonstrated any past or future harm, So you're not in a position to bring this? It's not as if. In other words, Texas didn't say. Because there's no longer a mandate. It doesn't fall into the tax taxation rule and look what it's done to us. Uh, they couldn't come up. They didn't couldn't bring that part to the table. Well, here's the deal with Obamacare are affordable Care act whatever you want to call it. We've had it now for quite a while. It's to me my health care costs are way out of control. As compared to say, 20 years ago. You know, I don't I don't know what that's all I know is that it's It's just totally out of control, and, uh, the health care act. It's gonna be. Let's get past it now. They've seen it. It's been that it's gone in front of the court three times, I think, and it's a done deal. Let's go on and do something else. You know, it looks like we're living with it due to a couple of SportsCenter injuries. Mm. We finally hit the deductible. Or whatever you call it. The deductibles are on believable. It was like 8000 monks. The odd mine is $8000. Yes. So thanks to thanks to a couple of sports injuries in a surgery. We finally hit it. You hit it. Yeah, but that's not after $8000 came out of my pocket. Yeah. Do be. We're going to say something $1000. No, you aren't. No, I have the $8000 deductible too. And I'm thinking, gosh, what? What can I tweak or fix or replace that I can get me passing the deductible? Yeah, I know. What can I replace? What? I do not need anymore. Let me get a new one. And I said it earlier when we got to start it all over again in January. Exactly. I know The guy that wrote the healthcare, Uh, the affordable Care act. Uh more. He wrote it. It's an art. Jonathan Gruber. That's it. Jonathan Gruber. I knew Jonathan Jonathan Gruber and M I T guy. Mm. Must have been pretty smart thing I would say probably is now what other you know, smarter than us one other note about the Supreme Court. They also unanimously sided with a Catholic foster agency that exclude same sex couples. No. Oh, nine. Oh, which was which was shocking because Philadelphia didn't want to use Catholic social services anymore as an adoption agency for the city because they they exclude same sex couples and then the Catholic Church says or it's going to the Supreme Court said No. That goes against their freedom of religion. Nine. Oh, they said, no. They can continue to do it. They're not trying to convince people or change people's minds or anything like that. But what they do is they run their business based on their religion, and their religion is protected. So Philadelphia. You've got to keep using them. Mhm. Even though they exclude same sex. The Supreme Court will surprise you. We said that earlier. But that you know that's a fun work. That's a fine line as well. Because what if it comes up to the Supreme Court under religion? As what is the What is that Muslim law Sharia law. That falls under the religion, the Muslim religion. And has that not in front of the court yet can eat. In other words, can they make up the They have their own laws that they give live by. Well, I mean, yeah, that Freedom of religion. I know what you're saying. I don't know that the law portion of it, though there's still certain that I mean you you still can't, uh Yeah. You have to can't harm individuals. Yeah, You can't have the mercy killings and hammy hanging homosexuals from construction cranes. Exactly. All I'm saying is Oh, hey, this is our religious viral, right? Yeah. Yeah. Here. Sorry, by the way, Mitch McConnell says he'll block job. Joe Biden's 2024. SCOTUS nominee If the Republicans control the Senate, I started laughing at that. Then I thought that's three years from now. Why would Mitch McConnell say that? Well, I mean, he's somebody asked him and he said, Hey, you know what if if we control the Senate, I'm not letting your by nomination somebody and now the justification is This goes back to Donald Trump. You know, the Senate was controlled by Republicans. Uh, you had a Republican president. But if you ever if you have a democratic president and a Republican Senate, uh huh. That's the difference. That's what Mitch McConnell pointed to. And another thing. Get emails on this another thing that didn't that just didn't it? Those kind of statements doesn't it just split us up even more. Did they just contribute to the misery? And I'm not Don't get me wrong here. I'm not saying I'm giving in on my thoughts of my beliefs and my principles. I just can't say you know, Mitch McConnell has made a statement. The kick come true for three years. And it's It's already divisive or divisive. How are you supposed to say it? Take good or better. Who cares? Yeah, That's a tough question, All right, But here's the question If he's asked, Uh huh. Don't you want him to answer? It Wanted to answer it. Honestly? Yes. And that's what he did. Hey, hey, in 2024. If you're controlling the Senate, and Joe Biden brings the nominee forward, you're gonna let him push it forward now. Okay, thanks. Well, Just just consider Thomas Paine. He said he who dares not offend cannot be honest going. To be honest, you're going to offend somebody offensive. That's very divided This divisive or not, You're going to offend somebody. Where do you come up with this? It's only at risk. You've never seen this tattoo. Right there. See? Look at that. There it is my just under the watch band. That's why you can't ever say there. Well, there you go. Okay. Traffic right now. Here's Molly Kodmani 6 35.
KOA 850 AM
"jonathan jonathan" Discussed on KOA 850 AM
"Ever larger network and instead say to ourselves, Okay, I've amassed this Palestinians. Maybe it's time to enjoy. Thanks. Jonathan Jonathan Clements, founder and editor. Of humble dollar dot com Coming up Next rookies having a hard time with crawfish boils. Innovation, resilience, agility. It's how Michigan businesses work together and continue to build the future. Our expertise, talented workforce and collaborative environment are making a difference now and shaping the future. Join us and make your mark where it matters. Visit michigan business dot org slash radio to put your plans in motion. That's Michigan business dot org slash radio. If you're worried about your cholesterol here, how others are taking charge with garlic, healthy cholesterol formula, my doctor said. My cholesterol was borderline. I've been taking garlic and it works. I take our leak every day to help maintain healthy cholesterol, No garlic press and garlic is a world leader in garlic potency. So you know it works take charge of your cholesterol with garlic healthy cholesterol formula. These statements have not been evaluated by the FDA. This product is not intended to diagnose treat cure or prevent any disease used as directed. Curiosity Stream has thousands of documentary films and shows available on demand.
Newsradio 1200 WOAI
"jonathan jonathan" Discussed on Newsradio 1200 WOAI
"Retirement age, similar to managing money as you get closer to your golden years in depth analysis from Jonathan Clements, founder and editor at humble dollar dot com. Jonathan What's the comparison circle? And I started bicycling seriously in 2000 and five when my feet started giving out on me, and so I turned to Bicycling as an alternative. And since I started bicycling in 2000 and five, I've had six accidents. The most reason which happened two weeks ago, I was, uh, rolling through the streets here in Philadelphia. I didn't have a stop sign. I rolled into the intersection and right in front of me appeared this bad and I Tebow did into the inside, of course, fell off the bike and ended up with what cyclists called Road rash on my elbow. Bruce on my head cuts on my knee and it was a reminder at my loft the age of 58 that I should probably stop me more cautious about the way I exercise and similarly It comes to managing money. As you grow older. You should also start to be more cautious about how you invest. So you know, I've long been a pretty fearless stock market investor. I've had a high percentage of my portfolio in stocks. I still have a half century my portfolio in stocks. Whenever we get a big market decline, like we did early last year, I step up to the plate like by with vigor. But I'm reaching the point where Even if, though I'm happy From a risk tolerance point of view to to buy at these times to have a stock heavy portfolio. It probably does not make sense in terms of where I am in my life in terms of the fact that I am on the verge of retirement. What is your point, though, about diminishing ability, because it's like you said you you tend to be aggressive, right? So not only to lose, you know, we tend to, uh it should be more cautious as we grow older, both our portfolios and in the way we exercise, but also, you know, we confronted with, you know Diminishing ability. You know, we'd cannot do the things physically that we used to do. And, yeah, As we get further into retirement softening of week. Cognitively decline. I mean, there's been studies that show that people's ability to manage their money start to decline gradually, starting at age 65 so faced with that I've been doing two things. One is last year when I bought a new house. I traded down to a smaller house one that I could see living in for the rest of my life. Um There are too many stands. It's small, It's easy to keep up and so on the second, The thing that I've been starting on is to radically simplify my portfolio so that even if I do suffer some cognitive decline in the decades ahead, I should still be able to manage my own money. Interesting. Speaking with Jonathan Clements, He's the founder and editor of humble dollar dot com. Um, two. I think you ask something that we all ask ourselves as we try to save for retirement, and that is How much money is enough. So this is a sense, Gordon goes back to the issue of not only, you know, rising caution, but also about um, you know, diminishing time. The fact that we just don't have as much time left on this earth, And so when you say how much is enough, It's really both an investment question and a career question. When do we decide? Okay, I've heard enough money over my career, and it's time to sort of step off the gravy train and enjoy the time that I've left similar terms our portfolio. When do we stop focusing on having an ever larger network and instead say to ourselves, Okay, I've amassed this Palestinians. Maybe it's time to enjoy. Thanks. Jonathan Jonathan Clements, founder and editor. Of humble dollar dot com Coming up Next rookies having a hard time with crawfish boils..
Order of Man: Protect | Provide | Preside
"jonathan jonathan" Discussed on Order of Man: Protect | Provide | Preside
"I'm not even going to answer this question. Because it's navy more guys. Would you know it's a loaded question already. Know answer to that. The only time somebody would ask that question is because they're either trolling and they wanna get a reaction or response or because they're playing stupid like one of ever said that only conservatives conjoined iron council. Whenever i ever said that only white men in america can join the iron council. Like the only reason you'd ask that is because you're overly insecure. You're trolling or your deliberately. Playing dense in order to make up some sort of narrative that just doesn't exist so no. I'm not going to answer question. You already know the answer to that question all right next kyle. Combs thoughts on the ufo document released and why people don't seem to care much so i guess we certainly the government released stuff. I don't i didn't i don't know what they released. I mean i've heard things. But i'll tell you why people don't care because the government lies and you know it and i know it in everybody else listening to this podcast knows it. So what do you do when you're confronted with somebody you know is a chronicle liar. You stop listening to them. Yeah i don't know. I don't know if there's ufo's i don't know what. I don't know what kind of aliens or what kind of other countries have technology were not aware of. I don't know. But i'll tell you what i don't trust the government to give us the real scoop on it. There's also a thing about ufo. I mean i've seen these things like the pill. Ufo the or the tick tock tic tac or whatever they call it really. That's the best we have. Everybody's walking around with a video camera and picture phones like that. I don't know what that is. That could be a little bug on the lens. Like that's what you got. Give me a break like if there was. Ufo's like we would have something better by now. I would think yeah. I'm not saying you aliens don't exist. I believe that they probably do. I don't know if they're flying around the screener if that's a fly under lens because you know you're lenses dirty i dunno and give me something compelling i haven't seen something compelling you well and what's the definition definition of ufo some guys that we don't know what it is that's all that is anyway right so but i i like to bring up. I mean i like what you said about government and this is the part that pisses me off that. We live in a society that that has given a free pass to dishonesty. If you're in politics isn't that pathetic. We live in a culture that goes. Oh it's politics ryan. So it's okay to be dishonest. It's okay not to have integrity because you're in that area of like our society isn't that pathetic like a great player so bothered by the idea that that's just like the way it is and that's acceptable. Messed up is messed up. That's why we focus. We stay informed intentionally informed and then we focus on what we can control and then we hold our elected representatives accountable by impeaching them by voting them out by voting other people in by running for office. These are all things that we need to do. Stephen strode any resources out there that you know of for talking to your kids about mental health and how they can help their friends through things. My son my son. Eleven year old recently came home from school and told me about his friend who has been cutting himself on his arms and legs. Someone had noticed the cuts until the teacher about it and they contacted their parents. This was one of those topics that i was not prepared to discuss when it came up. Yeah not of course at eleven. That's wild it was handled correctly at sounds like a teacher was informed and of course they'll notify the authorities and talk to the appropriate channels. And so again. I go back to what i said earlier with. The childhood trauma thing is get the right authorities and professional help in places outside of that. Stay tuned for the podcast. Because we're gonna be talking about this stuff and again. I think peers are going to listen to their peers. Maybe more so than their fathers at times so working on a solution right now that'll be available in the next three to four weeks. But in the meantime handled correctly it goes to the right. Mediums goes through the right channels. Authorities have been notified but this is serious stuff very serious stuff and we need to take it seriously But but outside of that parents. I mean parents are going to be the solution. So look into boy crisis by dr warren farrell. Look into why gender matters and boys adrift by sax. Those are three books you can read. That might give you some insight into what's happening in the school specifically within to our young men that might help you work through some of this and come up with some solutions for it. Yeah i would add Coddling of the american mind that list. And i think that's highly insightful. For the next coming up up incomes that hate or height. Jason hater height. I think our jonathan jonathan hater. I'm thinking ill man. Yeah you can buy coddling of the american mind. Yeah question. If you don't mind me putting on the spot you know if that was brechin how would you. And he's like dude dad. Why would a kid do that. Like oh if he saw his friend like how would you communicate that to your son. I would ask a lot of questions. I've tried to be better at that. As opposed to a asserting on my own thoughts into it yet get him to come. You know think through it. Yeah isn't that what we want over children. Don't we want them to think independently and critically on their own free of our or other people's influence like maybe not free our influence but certainly free of other people's influence. So i would ask a lotta questions. Hey you know. Why do you think that is what what could be going on in his life. Why do you think that would be a solution that he would come to you. Know how must he be feeling if he's doing that to himself. What can we do. What what what responsibilities do we have is a friend. Somebody who acknowledges of what what should we do. How can we make that person feel better. You know if you think that person is excluded what can we do to invite that person into our circle to make him or her feel better about themselves and their own life. So i would ask a lot of questions instead of just saying well. You know you shouldn't do that and we'll just not good okay and.
Newsradio 1200 WOAI
"jonathan jonathan" Discussed on Newsradio 1200 WOAI
"He's here to make his case for stocks. Jonathan explain well, understand why people worried right now that we have Craziness on the fringes of the market. We're talking about things like corn, or it's Robin Hood traitors. What's been going on with brain stopping these special purpose? Acquisition Cos I'm not suggesting that that stuff is fine. Nelson of People really love because the stock market seems so expensive and a key reason is because open into the depressed by the economic shutdown that we have lost here. There's a consequence. Measures of market valuations. The price earnings ratios look extraordinarily high, so I would contend, But if you're a long term investor, there really is no times, especially in the stock market. You referenced the balance to and you did some comparing evaluations between say U. S. Stocks in European stocks So if I was only investing in the S and P 500 might deeply a little bit nervous when you could get 500 these days. Almost a third of it is made up of these big technology companies with these really high valuations who had a great run and listen good. This is probably diversified evaluations on your portfolio look much more reasonable and give you a sense of Connie US Drunks are about 50% more expensive than Florence dogs and even within the U. S market. Those large plant growth stocks within the S and P 500, or about 50 Cent, more expensive small company stocks and two different war. Expensive than large Captain data. You stocked those We're growing but more reasonable price security. So the consequence if you are on a porter lives globally diversified wouldn't hire people to do that. You own. A collection of stocks is really much more weekly prize than if you were just it. There's a big stock. We hear about all the time of the Facebooks and the articles the alphabet to sell on. Speaking with Jonathan Clements, he's the founder and editor of humble dollar dot com, and he's written a piece entitled Hanging tough, and he's making the case for stocks. Why not? Bonds was the issue. Now, So if you're Have a short time right? And that's how you got money that you need to spend with the next five years. By all means. You have that money in high quality, short term bonds, or in a savings account. A CD of money walk in front. If you have more than five years to invest, you really need to seriously think about investing in stocks because the fact is Can't years once you factor in inflation, And once you factor in taxes, is something not gonna make any money with bonds or with cash investments. If you want to make your money grow over the long hole, you really have to have your money in that globally Diversified stop for Kal El. Now, keep in mind. Even though I'm advocating that I expect justice bond in past returns, ability or whatever, in the years ahead. I also think destructor planted on the rocks with a million years and we're not gonna get that. Said with such points a year above inflation that we've seen historically but still Over regional long time fighting. If you got a decade of model that you should make Positive offer inflation after tax return with stocks and you simply not going to get that with bonds or pass investments. Thanks. Jonathan Jonathan Clements, founder and editor of humble.
Dressed: The History of Fashion
Little Red Fashion for Kids and Teens With Jonathan Joseph
"We are chatting about the future of fashion education for kids we were recently contacted by dressed listener. Jonathan joseph about his incredible new educational startup for kids and teens which is called little red fashion. Yes and honestly i friends. I can't emphasize this is. This is literally fashion's future in the making and one of the cool platforms for little red. Fashion is that fashion is for everyone and as their mission states quote our goal is to help shape the future of an industry too long plagued by issues related to negative body. Image elitism color ism racism and more and we are here to ensure that the next generation fashion leaders and creatives learns from the mistakes of the past and is even more inspired and empowered than ever from books in both digital and print format apps including sketchbooks optionality and also digital mentor ships. Little red fashion is combining the best of both physical and online education materials to quote make fashion history accessible and fine which we love and then using quote materials and arts literacy and stem fields based on fashion to teach in new ways in quote and we cannot wait to welcome jonathan joseph to the show to discuss his vision and what we can expect from little red fashion very very soon. Welcome jonathan jonathan. Thank you so much for joining us today on dressed relief. Thank you so much for having me able. I'm such a fan of the show. I love the work that you've is stupid and i'm so honored to join your leicester's pantheon of dressed guests. How yeah. i'm excited to dive into everything. We're building the fashion Be the first of our kind as the children's fashion ed tech and elgin company histories super exciting. Something i'm really passionate about. And honestly i am really honored to have this platform out because just let other with our bishen. I think of january. Nobody's been working on this for years.
Talk Is Sheep - Wild Sheep Society of British Columbia
"jonathan jonathan" Discussed on Talk Is Sheep - Wild Sheep Society of British Columbia
"Good even kevin. How's it going awesome. Hey man thanks for for joining me on this It's friday night are fun night for what's traditionally kamloops convention. We're doing our wild sheep salute to conservation. And you know barneys is a big part of the wild sheep. Society be seeing. We're super grateful for for everything you do. So i was really pumped. When you said you'd come on and you do something with us tonight. Thanks man no problem. I appreciate you having me. Sure all right so we said we're going to have some babies. It's a fun night after all. So what do you got going over there. so Local brewery did a custom barney a featuring a quite the band of rams Taken by a local photographer here but so your local local brew very cool. It's barney specific like you. It's branded you guys. Little little kickoffs little collaborate with different businesses. And things like that and and He's a big big hunter. So it's worked out where we got to get together and kind of create something kinda cool right on man. That's that's awesome okay cheers. Here's the ola. I'll drink to that right on. So kevin barneys has been around forever. And you guys have been a huge supporter of this society and done a ton of work for us but You know. I identified with barneys back in the days was a decade or fifteen years ago. You mind there's just go a little bit of the history of barney's the evolution and kind of your history with with. I know you're the owner now in run run a great business there in alaska so et for important to kind of back to kind of the forefathers of the businesses off mean back in nineteen sixty three barney the original owner. Of course Started it it was a small little cross country teashop Much smaller profile than it is now even though. I think we could all agree. When you visit barney's you'd naturally big play but Cross country ski shop kind of totally integrated into some sporting goods Obviously impacts of things like apple backpacking perspective and And i nineteen eighty five. I believe bob who most people in the hunting industry. No obviously as the father of barney's came on as a young eighteen year old and purposes store and automated. What it is. I mean i was just talking about him today. Where you know. Gosh mean all things itis just looking out what he created. It's really one of the coolest hunting shops around the world And you know brought in obviously a lot of bigger brands and a lot of more technical clothing. I mean even the big name guys I know jonathan jonathan and those a lot of the guys in there. A long time. I mean came to bob. Provides on on exiled and things like that back before some of these big brands or even a thing. So you walk in here now and what i've really did. You is just a form in this building them and you're going to see brands in here that you're just under one roof anywhere in the world for that matter but just been a a really cool chop that i think that a great following a lot of hits And not really any kind of animosity towards any any you know. Group organization has always been kind of free floating like we like the support. Anybody wanted support us and you know just a great little. Yeah and and my hat's off to your organization to to barney slip. You know like. I said bob used to come down every year to the show Back in the old days he fly in and drive up the interior and he'd have all his gear with them. I bought a bunch of stuff over the years. I think. I bought my first back off bob there and you know and you've kept sorry back up. We always did a friday night. Fun night. bob would always You know sponsor it and he he gear talk. And so that's kind of where this concept came. We're doing this virtual thing online now and we wanna keep of our history and and Know we always were so grateful for everything you guys had and this. This is a cool opportunity. We can have you on here and talk about you. Know kinda latest greatest. And that's what bob will do it. He come on the friday night. We'd be all sitting around drinking beer and bullshit and he'd start talking about gearing get up on the stage and at times. I felt sorry for bob. 'cause guys were talking so loud and he'd be presented but You know. I think it was a great show. Form a great fit and and you've kept that traditional live you've been one of our greatest supporters given You know through all our raffles and everything. Every year we do our Our our sheep raffle the ultimate sheep hundred package in not think this is all. It was the first one to sell it this year. I think we sold out and you know half half the time it had for it so anyway. I just want to thank you for all you do. And i'm looking for tonight to gear. So we got lots of new sheep hunters. We've got lots of guys that had been hunt for years by no means an experienced guy. But i'm you know been out in the field before and i'm always in the shop. Talk to you and you've always got the latest and greatest so i think this is kind of a cool opportunity to touch base with you. One of the things. I love about what you do. Kevin is that you know. I'll come in. And i'll say we'll tell me about your barney stuff. Go yeah okay. I'll tell you about that but this may be a better fit for you and you know before we got going tonight. We touched a little bit on that. So kind of talk about your philosophy as a as a store owner or a business owner and find the right gear for the guy and how you approach. That isn't the owner. I that earlier. It's like art with with anybody who comes in whether it's you know An experienced hunter. Or somebody that brand new but Is really are with concept that you know no matter where you are where you come from what your background it from you have currently It's important to understand that there's no wrong way of doing it. I mean i think at the end of the day were all hunters right so we all want to get out. And we'll have a good time and i think as she basically we We really gravitate anybody who else who shared on the patch. Right so What i like to start with is own overwhelmed people. It's the new people. You don't want to overwhelm them with this idea. That while you know you're gonna you're gonna spend thousands and thousands of dollars in the sport. I mean. naturally it happen right. But i think it's important to understand that you know there's always going to be guys that kind of initially like they've been doing it a lot longer than me maybe And they have their own way of doing things. And i like to be respectful of that. I think that it's important to let let people kinda that. There's more than one way to do this And we don't have all the answers but we have one of the best to help you kind of get to that point where i think you could understand this to every hunch galwan if you're not learning something new whether it's a trick you know that your buddy added to pull out on you or here that he pulled out you're like hey we're at that right or i went. I went hunting with the other guy and he had this way of doing something that i never really thought of before. And i'm going to start using that in my act important. It's if you lose at you might as well stop right. I mean i think you. do she. It is far beyond just animals in the experience of of harvesting one of these things. It's the whole emotional roller coaster of a trip that incorporates. And i think from my perspective. It's it's year right and that's my job and my passionate really just making sure that we have a great selection of a year and as you mentioned start off by kind of leveling the playing field right so who. You are where you're coming from. What are you already have the best example. I can give you it. We get a lot of non-resident affect right and so. I think that you know somebody of these. Is that the trip of a lifetime Be fair you never know who you're talking you're probably talking to somebody that has been all over the world and many many species of sheep And the last minute they want to hear is when you got to start over right So what i like to do is evaluate. What have what's going to cross over already. Well and then..
Newsradio 600 KOGO
"jonathan jonathan" Discussed on Newsradio 600 KOGO
"It's not every good so cross about saving money that we Don't you know who hoops you know that Stay back 30 bucks for speaking with Jonathan Clements. He's the founder and editor off humble dollar dot com and he's written a piece about living frugally. He says he himself is pretty cheap, but he does have limits. You mentioned two point number four. Your piece We save now so we can spend later. No article and mental That's on a good I was investment conference back in 2000 and 15. I'm standing there outside the main conference from and this guy I know sidles up to me, and he points to a gentleman standing by the prince's book, You know you could get your coffee and orange juice for the border. And you can keep it going over there Who's filling up the shopping bag with bottles of orange juice? In the dreams. Okay, He's worth $15 million. You do not want to be the person who's worth million dollars. You're so cheap your century, stealing all those of orange juice from the group's prepared investment conference. So you know, we all succeed money one way or another. But at some point you got to say I haven't I you to obsess about slaving money, you that lodge and you don't want to find yourself a $50 million Little largest. These immigrants perfect Thanks, Jonathan Jonathan Clements, founder and editor of humble dollar dot com. Coming up next detoxing to stop.
News-Talk 1400 The Patriot
"jonathan jonathan" Discussed on News-Talk 1400 The Patriot
"With us. Thrifty, frugal. And cheap personal finance expert Jonathan Clements says he fits all those descriptions. However, he says he does have limits when it comes to being financially careful. He's the founder of humble dollar dot com and has thoughts about leading the frugal life. Jonathan Take us through this. Some of this Bob between crew Galati thing that we read a lot about is really over a gun. Do you want? My pet peeves is all this talk about coffee? People talk endlessly about how other people overspend on coffee and how this is the source of No American personal finance Armageddon. It simply isn't the case. There are very few people who are running around spending $6 every day on specialty coffee, and they do that a couple of times a week. You know, it's really not as important is how much they spend on housing they spend on cars or the size of the student loans that they happen. All of it. This obsession with copy, which I really see is basically criticism of millennials is really open done. You made a good point, which I had not thought of, and that's in a lot of cases. There. He Are living a better life than we were perhaps at that age. When people don't copping about millennials with their avocado toast in their Frappuccinos. They're what they're really complaining about is standard of living for the con generation is better than it was when we were growing up Good. I mean, that's what happens when this part of living in society and right. We shouldn't be surprised that millennials in their twenties or thirties, better than we did it where we were in our twenties sensibilities. That's what happens when you know you get economic growth. We should we should celebrate that Robin. Oh, dear. This millennials they're avocado toast. Help! Naughty They are what about index mutual funds versus exchange traded index funds. This is a another area. Where through Galatea really is it's potentially ugly head. Ah, lot of people have been writing to me and saying, You know, I have these index mutual funds off these air Vanguard investors. You know, Banquet has a parallel exchange traded index fund that I could say two or three basis points by swapping over the basic points. It's a Never heard that phrase before wonder what it is basis point is a fraction of a percent. So when we talk about three basis points we're talking about 0.3% points. And if you have $100,000 invested, which also has a lot of money in huge to save 0.3% of points in any given year by something from an index mutual funds in exchange traded in extent, You know you saved yourself 30 bucks. Okay, I'm not. Look. You know that So $30 from sidewalk and they never took it up. I'm like I'm gonna bang the table and say you tried to do the right killer investment. Yeah, you know a little bit under planned expenses Good, But let's not let's not overdo. It won't be so obsessed about saving money that we Don't you know through hoops in order to stay back 30 bucks for speaking with Jonathan Clements. He's the founder and editor off humble dollar dot com and he's written a piece about living frugally. He says he himself is pretty cheap, but he does have limits. You mentioned two point number four your piece We save now so we can spend later. In the article and member of the Honor guard. I was investment conference back in 2000 and 15. I'm standing there outside the main conference from on this guy I know sidles up to me and he points to a gentleman standing by the prince's book, You know, we could make the coffee and orange juice bottled water. On his computer really going over there who's spilling out the shopping bag with bottles of orange juice. In the dreams will say he's worth $15 million. You do not want to be. The person is worth million dollars. You're so cheap. You essentially stealing bottles of orange juice from the drinks before investment conference. So you know, we all succeeded money one way or another. But at some point you got to say I haven't And I don't need to obsess about saving money. That lot. You don't want to find yourself a $50 million Doing largest use from the drinks birthday. Thanks Jonathan Jonathan Clements, founder and editor of humble dollar dot com. Coming up next detoxing to.
KOA 850 AM
"jonathan jonathan" Discussed on KOA 850 AM
"With flies student loans that they happen so that This obsession with copy, which I wrote is basically criticism of millennials is really overdone. You made a good point, which I had not thought of, and that's in a lot of cases. There. He are living a better life than we were perhaps at that age. When people don't comping about millennials with their avocado toast their Frappuccinos. They're what they're really complaining about is respond of living for the con generation is rather than it was when we were growing up. Duh. That's what happens when this other looking in society, right? We shouldn't be surprised that millennials in their twenties or thirties over the better than we did when we were in our twenties and thirties. That's what happens when you know you get economic growth. We should celebrate that rather Oh, dear. This millennial so they're avocado toast. Help! Naughty They are what about index mutual funds versus exchange traded index funds. This is a another area where frugality really is. It's potentially ugly head. Ah, lot of people have been writing to me and saying, You know, I have these index mutual funds off these air Vanguard investors. He's in a banquet has a parallel exchange traded index fund that I could say who are three basis points by swapping over it is his points. It's a Never heard that phrase before. Wonder what it is A basis point is a fraction of a percent. So when we talk about Reade basis points we're talking about 0.3% points. And if you have $100,000 invested, which also a lot of money in huge to say 0.3% of points in any given year by something from an index mutual funds in exchange trading, excellent You know you saved yourself 30 bucks. Okay, I'm not. You know, that's already told some sidewalk. I never cook it up like I'm gonna bang the table on site. Gotta do this right Killer investment with Yeah, a little bit under planned expenses Good, but it's not ever good for me. It would last about taking money that we Don't you know who hoops in order to say That's very bad for speaking with Jonathan Clements. He's the founder and editor off humble dollar dot com and he's written a piece about living frugally. He says he himself is pretty cheap, but he does have limits. You mentioned two point number four your piece We save now so we can spend later. A new article and member of the Honor guard. I was investment conference back in 2000 and 15. I'm standing there outside the main conference room. And this guy I know sidles up to me and he points to a gentleman standing by the drinks, But you know we could get your coffee and orange juice or water. On your computer really going over there with the shopping bag with bottles of orange from the dreams will pay. He's worth $50 million. She's you do not want to be. The person is worth dollars. You're still cheap. Your central stealing almost of orange juice from the drinks per bed investment conference. Yeah, sure. You know, we all succeed money one way or another, but it's some point. You got to say I haven't I You obsess about saving money. You that you didn't want to find yourself with $50 million The largest immigrants or thanks Jonathan Jonathan Clements, founder and editor of Humble dollar dot com. Coming up next detoxing to stop.
Feast of Fun
"jonathan jonathan" Discussed on Feast of Fun
"Want him to win a national election my black ass while you know that data that national election catapulted him into the national if not international stage. Now you know you run for you. Don't run for an office. You might not win but you do it to push your own platform. I can't wait to see what a second wife looks like. Speaking a second time dolly parton was offered the presidential medal of freedom by donald trump twice two times the both types you turn it down the get off my ass voice start she. She's the horizon was ill so she's like i can't do it. My husband's too sick. I have to stay with them and then the second time she's just like its covert. I'm not i'm national treasure. Not going anywhere. Yeah ovid and they would just it would be a disaster. And now she's like they think that biden tour but she's like i don't know if people think i'm getting political now. This is the thing about dolly which makes any story about her fifteen times. Funnier when you play it for yourself in your head. She typically lives in an rv with her husband and she always signs all her letters or emails or anything she sends you like if she sends you a perfume she's doing show says you can reach me like if you're not celebrity. Someone she likes she always says you can reach me by facts. Because that's what she has in her. Rv donald trump with sending her request via fax machine and she was saying no via a vaccine an rv in the appalachian mountains of tennessee. Yes she does all of her. I heard tracy tracy martel earned with say it once. She got something from dolly and she said you can fax me. I've heard other people say that she lives in the rv. She doesn't always have cell phone reception. Doesn't like to email a lot. You know in fact sir vaccinated blonde country western stars got to stick together mandrell. Dolly parton understands that part of her audience are very conservative. People and she she she. She asked to strike that delicate balance. Like we went to a dolly parton concert and quote ed india which is the total boozy place in the suburbs of chicago and it felt like a fight was going to break down lying because there were like the gays getting drunk and stuff and the country getting drone and the country folks and this is not going to end well. I was a little bit nervous. You know and. I was just like because i tell you. There was a lot of action in that bathroom. I can imagine there was a child. Airborne named billy ray. Vivacious moment was bad moment. Who got nominated for a pulitzer peace prize was black lives matter and abrahams but don't get too excited because also jared kushner nominate as well. There's a bunch of people are able to nominate a lot of you get a lot of nominations. But who's going to win. I get in trouble every time i say this. But i think jared kushner is a sister. I don't think he's gay. I definitely think he's like. I don't know if you call the listening more. He's definitely cross dresser. It's interesting you say that. Because aubrey o'day who was just used to date donald trump junior. She's been talking about his drug use as we used to do a lot of drugs. Cocaine wasn't one of them. But i think he's on atarot and she also said that Ivanka trump was a lesbian. And you know. The trump's never get quite litigious when they when they are yeah. They didn't sue her over that. So you know you know it is kind of like he dresses up as a woman so they probably don't want the attention of 'cause i feel like they got pushback from like a lot of the transphobic another. That went down. Do you want to have a lawsuit saying that being lesbians a bad thing like is that really attention. You need right now. Field that like there was like some kind of court case recently Where the court said no. You can't sue somebody for calling you because it's no longer. It's no longer considered defamatory. Bad's going to happen. We give school turned down the lead role of hannibal lecter in seinfeld alaso michelle pfeiffer not hannibal's honey white gold michelle pfeiffer foster. She was clery wars better. She played hannibal lecter in the made. It like a women on women it would have made the cannibalism a direct lesbian thing. And i would have been into that. She said she turned it down because she had worked with director before and she really liked working with him and she was kind of disappointed. Jonathan jonathan demme and she just didn't like the she didn't like the ending. She said it was too dark. So i think the idea that hannibal lecter kind of gets away was just too was too much for her. I really think that if she if michelle had done it she finally would have won. Her oscar nominated like three different times in the eighties and never won. And i think they would have Pity fuck and given doer for it. She should've been nominated for greece. Two and one for me away for me a cool judy mall. Also she won. I think she went two years in a row because she won for that other movie where she raved on a pool table for fifteen minutes straight. That was vivid fucking vivid. Did lifetime version was. It was based on a on a true story and her co star in that kelly mcgillis. The rumor was this was the eighties. Right the rumor. Like everybody. That i know my age all heard the same rumor are gay in the rumor was that jodi foster was having an affair with kelly mcgillis and that whitney houston was also sleeping with kelly. Mcgillis right caught them or whatever and there was just like this big giant fight. There was hell to pay. I would love if somebody out there. You know maybe robin could confirm whether this really happened because it was just like you know. We didn't have the internet back then. This stuff was not national enquirer. This was all worst reminds me of this reminds you that song whitney did with another gay icon george. Michael told you that. I wanted to please you. And if toes you remember that song the one song they did together all my god. That was such a good song. It was like two thousand and one. I was a little kid that was like oh that was such a good song gail. Aren't you doing your do diligence and figuring getting to the bottom of the kelly. Mcgillis jodie foster whitney houston triangle. Possible i also heard that dolly parton was involved in this loved him. Kim route that i did. Yeah i also heard that tally part and fray liebowitz. We're in love. Which is hysterical. Pretend it's.
MyTalk 107.1
"jonathan jonathan" Discussed on MyTalk 107.1
"That was CBS, and it was Magnum P I with Tom Selleck. The original Not this new crap, sire. Yep. Simon and Simon with Gerald McRaney, which wow talk about an 80 sitcom star. Or that wasn't a sitcom talk about an eighties TV star. That went on to do to really have a diverse career. Geralyn Graham. He was in house of cards. He's like he went. You know, you could have watching him on Simon and Simon. You could have written him off. But wow, he would. He went on a major dad that sitcom on CBS and the early nineties. And then went on to do something. Tastic rolls, um, career you want that played Hearst in the Deadwood. Syriza on HBO. Yes, Really Good. He's fantastic. And then, of course, knots landing on Thursday nights when I'm very breath, then on knots landing. Yeah. Not had a tough road, man. It went up against Hill Street blues and L A law The fact that not did as well as it did. I mean, those were two of the biggest shows in the mid eighties and Yeah, both. They went up against both of them. And you're rediscovering knots. Landing doesn't stand the test of time. Jeez, I You know what TV d I will tell you at the top of seven. I am introducing. I'm introducing young Colin. Two knots landing. Obviously, he has watched Dallas but tell you how that's going in a little bit. What are you doing for him? Nothing anyway, That's the eye by that's that's the way it works. He build you buy. Exactly. Yeah, Daddy buys you build. Um, anyway, okay, So here's another scandal that we don't understand. Kenny is claiming he kind of understands. So we're gonna get his help. Kenny, I want you to go first, Alexis, because, um be Earth has sent me a camera tow hook up, so I did, and it crashed my computer. Would did. Oh, no, I'm fighting with that. And I had an article up Gamestop article from AP up explaining it and what I know. Is all I know is the reddit portion of the story that there's a user's group on Reddit where they talk about stocks, and they all decided to purchase this game. Stop stock and they drove it way up. And a lot of people profited, and somehow it's hurting the Ah, What are they called? The people that short sell? What are they? Hedge funds. Hedge funds? Yeah, the hedge fund zone that they buy they lonesome. It's hard for me to explain without reading it from ap which I'm Google now And what do you think about it? I just saw game stop. And I was like, I'm gonna take that as a command. Just Yeah, I have. Yeah, just there's stock involved. People are mad. Robin Hood is gonna come. I heard them to resume training. And like Robin Hood. What? What? Robin Hood's working at Gamestop. What is what does that even mean? I don't know. I heard morning. It's a compound Robin Hood. Not just like Robin Hood. It's a It's a popular stock trading platform. For amateur investors are Is there any smart? Are there any smart people listening to our show right now? Can you call Grant? You explain what's going on? What is this game? Stop controversy and again. I'm embarrassed. We all are. We're four. Well, read people. We smart. I was educated in the state of Indiana public schools, I you a smart, I just I need Somebody to explain this to me, Kenny, you credit in there? Yeah, read. It is involved, especially a group called Wall Street bets. Their discussions are full of ideas for the next big trades to jump on. Itself to press deprecation and an appreciation of both winning and losing bets. As long as they're bald. They've recently been encouraging each other to keep buying game stock and push it even higher to the moon. So they did that. Um, it's it's um It's stock was held by a hedge fund and other professional investors on Wall Street. Many were betting on games stock stock. To fall by shorting it. And that's how investors make money off a stock falling and short sale. They borrow a share of game stock. Thence that is. Excuse me. Game stop. Then sell it later. If the stock price goes as they expect they can buy the stock at a lower price and keep the difference. See, that's where you lose my brain. My brain just hopped off the bus. And it's now sitting in the park watching birds. Yeah, we've got what we've got Jonathan on the phone, and I good said he knows he's got a good understanding of this. John, Wait a minute. Wait a minute. Jonathan Jonathan. He's working harder. Work color, Jason Bitter. I swear, if this is a trick, if you don't really understand this, I will sue you like those people suing subway. So you you better be Tuna Stock Watch because I watch it every day because I'm bored and there's nothing else to do, but a lot of people, okay? Is what's happening. So a lot of the kids, you know, going toe 27 year old got together on Reddit. I think that's what it's called, right. Okay. Yep. So they always thought like a little bit of a choc top blob, Blob, blob, blob. Kind of right when you go to the ticket booth, and you can't get the picture that you want, so a lot of the bought them And said, OK, let's make it crash or make it go up to see what we can do to buy out the company. So now a lot of these people are basically saying, OK, well, now what's gonna happen? That's a fact like it's going to crash because all these people bought it up. Okay? Thank you, Jonathan. Ok, Thank you, Jonathan. Goodbye forward because it's bad. Okay, Grant, I grant. Um, wait. He's got something. Okay. I got you there, Jason. Next time 86 for life. He's up. He's in the corner way. He's uh Oh, Jonathan, I love you well and basically came at the end there. You're saying it's causing these hedge funds to kind of pay their debts, right is what this is doing by having from what I can tell. That's the big thing, And that's where they're trying to shut down the little guy because it's forcing. You know, these These little guys basically went in there like like you're saying bought the stocks up raised the price, which is causing these guys then to force up to pay some debt, So they got upset tried to shut it down, and they're trying to regulate it because they need that stock at a low price on so now they're forced to pay their debt because they bought it at such a low price. I know that it's causing these hedge funds to.
Newsradio 1200 WOAI
"jonathan jonathan" Discussed on Newsradio 1200 WOAI
"Where is a lot of brick and mortar banks of paint 0.1% on their savings account to solo. It's almost insulting. That's an easy financial way. Another easy financial wind is, if you have a lot of access cash sitting in your regular tax will count or you Bones in your regular taxable account also have bet you likely find that you can improve your financial standing by selling those bonds and taking cash out of that savings account and using it to pay down debt, you know, simple example these days that you know Tennessee occur. Every note is paying about December 1%. Meanwhile, you might have credit card debt that's costing 20%. It's an easy win to sell this treasury bonds and instead used the money to pay off that high cost credit card debt. We're speaking with Jonathan Clements. He's the founder and editor of humble dollar dot com. He's written a piece called Easy wins, and he's referencing easy Financial wins, that you can set yourself up for how about those of us who have kids at home? He said. He had kids at home, one of things that you could do to take advantage of the tax code. A lot of these point is I have have to do with taxes if you have kids at home. On your pre sure that they are not going to qualify for financial aid. That's important Cabinet. You're pretty sure they won't qualify for Polish financial aid. One thing if I want to do is put a little money in their name. Are kids who are at home. They could have $1100 in annual investment games and have that money completely free of taxes. So if you've got some extra money, you wanna got your kids on lifetime investing. It is the money in a customer account for them could be a smart move. Thanks. Jonathan Jonathan Clements, Personal finance expert from humble.
Off The Meatrack Chainz New York Podcast
"jonathan jonathan" Discussed on Off The Meatrack Chainz New York Podcast
"Right there now is is. It's actually pretty dope. President biden just just removed. He just. he's signing man. Shit awhile all right Yeah can you hold on. Look up the show. The focuses so-called schultz city on a hill. There we go on a hill city on the hills season. Two coming out real soon film never heard of it house will time can watch it on. You gotta poppy subscribe to that. She got spectrum. That's why should should before the all platinum unusual all you needed was capable. But if you got showtime you you know Gonna come right at the digits mera whenever they come out but Check out a city. Hell kevin bacon is a dirty cop. Plays a dirty cop Is going into season two right now. It's it's it's it's fucking is really good as as really good. It's like he. He's a dirty cop. He still moving with power any other cops other other other other. The cops is in. The organization is trying to get evidence on baking. That shows how dirty of a copy is stealing Constantly stealing drugs in her. Just out the evidence locker in schouten having his his His rats people snitch. He has that was given information. He's just shooting arrows is can't speak too much more. I might giving a good synopsis of it. 'cause it's only on his first season series coming out soon Let me let me give you let me. If i want to recommend a show let me let me let me do profession aldo so clinton indices bermuda's do l. This kate. Elliot's hey josh. You know settled by people who are used to watch leverage on tnt show right. there is so City on a hill is an american crime. Drama series created by. Charlie mclean based on regional idea by ben affleck ben talking out sick. The fake batman. That's right fake batman. The the boston batman l. just hodge medically in other advocates. You've probably never heard of A good description of okay. Maybe i series is set in boston. No no attached back in the early nineteen nineties when the city was rife with violent criminals in By local law enforcement agencies corruption and taking to the streets where the norm own to suddenly change. This is a fictional account of what was called Boston miracle that she aged is district attorney Award deep coursey the coursey award places who is played by erm eldest hodge So he's pretty good. God who comes from brooklyn brooklyn. Her home is an unlikely lines with jackie. Rob jackie rolled. Who is a kevin bacon character. The dirty cut and it goes on baking. Hold hold on hormone groggy. Pitching the podcast is gonna be unprofessional. Greg dick later on amy back. Yeah and my bad. Oh man you know the whole is becoming so was i kevin bacon egg a corrupt yet. veteran fbi who is deeply invested in maintaining the status quo. Together they take on family of armored call robbers charlestown john tucker in mark. O'brien in jimmy. Commons one actors is fucking phenomenal There was a show on netflix. We hold on hold on. Let me just let me let me janet jonathan jonathan jonathan tucker exceptional actor Dude stays in shape for his roles. He doesn't play he was a snow. Flew way oh snowfall. Just don't have out there you know with season Since two thousand eight summer soon as season they're either one or two Now jonathan he gives me joke arrives like his rose year. So i in. Most of his rose is sometimes. I can't tell whether i feel like he's like he's hopped up on pills or that's the character who is the best of the character. The character is the rains kind of psychopath. He plays a she really well. Like what was his show called a kingdom on netflix. It was also dr. tv got direct tv. He was like by direct tv. Kingdom of fighting show You know it was. Don't show by one of the directed by brian Balas lasco the show featured jonathan tucker himself. Knit jonas in jona going. All of family fighters fine. You know people been dying for this for the show to combat for last season's only on three three seasons fully episodes Shit was You know frank grillo is. He'll play the father. You know frank if you're you know if you know you catch up Your marvel movies. Frank miller was the was the individual who Was the cops with one black Excuse me captain falcon on falcon. Just just falcon right on a black in front of me. Just five aka. Amy in that scene where he the whole building blows of some shack that i believe. I was captain america to the winter soldier. Some sharked there Anyway great actor. Great show So going back.
News, Traffic and Weather
Analysis of possible threats, security being put in place ahead of Inauguration
"Is a a tense tense time time in in our our nation's nation's history history and and state state capitals capitals across across the the country country tightening tightening security security ahead ahead of of the the presidential presidential inauguration, inauguration, which which is is set set for for next next week. week. Comas, Comas, Jonathan Jonathan Show Show says says the the FBI FBI is is warning warning of possible armed protest this weekend in places like Olympia, extra fencing around building security checkpoints in a heavy state Patrol and National Guard presence. Right now. It looks like a war zone here on the Capitol grounds. We don't have any specific threats would like time date location, anything to our area. But Trooper Chelsea, Hodgson says better safe than sorry. Our biggest point right now is just to be prepared in case something does come state capitals across the nation have already dealt with protests by people upset about President Trump's loss in the election. Authorities do not want to see a repeat of the riot in Washington, D C last week. The security breach at governor ends these mansion when there's a demonstration. We do not have customers down here, Jonathan SHOW. Cuomo NEWS
The Gridiron Guide
"jonathan jonathan" Discussed on The Gridiron Guide
"He had more. Qb pressures in like certain teams nfl teams. Still being double teamed up. Sounds about right so yeah but i. I don't know how how much the the is or the not oddsmakers people who vote on this award Go into analytics but I'd feel like a different. Mba because the mba. Don't try not to give certain words the same guys over again. I think this this if he wanted to be a second time. I think when the first time. I think i wanted i think the first time you want to get twenty one sacks one year so we'll see you again all. These guys named phenomenal players. I think we're going to go on here. And i think you're going to be different than me just for the sake of one being different too. Because he's been your boil year. Give me your offensive rookie of the year. Yeah like the foreshadowing. Their for all right. So this one is super close We have the running backs. I was he. Jonathan jonathan taylor finished with eleven hundred and sixty nine rushing yards and eleven touchdowns. James robinson was undrafted rookie. Ten or ten hundred seventy yards rushing for seven touchdowns He was more. He was also involved in receiving game. House who forty nine catches three yards and three touchdowns. Jonathan fourteen hundred. Sixty eight total yards thirteen touchdowns touchdowns yep Claypool had a pretty good year for a rookie on is a kind of up and down. But he has sixty catches sixty two catches and seventy three yards and nine touchdowns but justin jefferson was crazy eddie. Catches fourteen hundred yards. Broke a vikings rainy mosses record for rookie receiving ours with fourteen hundred eighty seven pounds but am is there is only one. True worthy of this award is awarded seems to be Was going to be qb buyers. Just because of the staff this guy put up and playing one last game He's only where the rookie would be in this conversation. But as justin. Herbert with four thousand three hundred and thirty six ers thirty one thousand temp ix.
Scott Sloan
Louisville cop shot during Breonna Taylor raid files suit against her boyfriend
"Jonathan Jonathan Madeline Madeline was was shot shot in in the the leg leg during during the the deadly deadly raid raid that that killed killed Briana Briana Taylor. Taylor. Now Now he's he's filed filed a a lawsuit lawsuit against against Taylor's Taylor's boyfriend, boyfriend, Kenneth Kenneth Walker, who fired the bullet, they say Walker says police kicked in the door without identifying themselves ABC Steve Austin. Sami has more. Walker isn't the only person who says he didn't hear police announced themselves. This was an apartment complex, and there were other neighbors who say they didn't know that these were the police, either. This is an unfortunate and tragic case that will now Drag through the courts. There is still a question of who fired the shot. Forensic evidence hasn't been able to prove that Walker's bullet hit Mattingly, according to published reports. Walker's attorneys overnight say that they are shocked and this is the latest in the cycle of Police aggression, deflection of responsibility and obstruction of the fax visitation is today for Corporal and MacMillan. The funeral tomorrow is private. Today the family will receive Mourners from 1 to 5 o'clock. At Spring Grove funeral homes on Spring Grove Avenue, the 19 year veteran of the family of the county Sheriff's Office here in Hamilton County will be laid to rest. Tomorrow at Arlington Memorial Gardens after procession that begins around noon on Spring Grove Avenue this
Rush Limbaugh
Dallas - Police Officer Shaun David Lucas Arrested, Charged With Murder In Connection To Jonathan Price Slaying
"On murder charges that after a fight broke out in front of a gas station last weekend, Witnesses say police opened fire on Jonathan Pryce, a black man who was trying to deescalate that situation. ABC is Marcus Moore has detailed price was a beloved pillar of the community who worked with and coast Children and had a personal training business. Let people aren't making it up. We're not playing a race card. There is more than than 100 100 people people showing showing up up toe toe honor honor Jonathan's Jonathan's life life outside outside the the gas gas station, station, where where he he was was killed, killed, locking locking hands hands and and wearing wearing masks masks residents residents along along the the Gulf Gulf Coast bracing for another major
BBC World Service
Najib Razak, Malaysia’s Former Prime Minister, Found Guilty in Graft Trial
"Has been found guilty ofthe corruption in the first of three trial was linked to a multi $1,000,000,000 scandal at the state Investment Fund. One Mdb He was convicted on all charges, including abuse of power, money laundering and breach of trust. Southeast Asia correspondent is Jonathan, Jonathan, head head of of the the seven seven counts counts against against him. him. The The judge judge made made it it absolutely absolutely clear. clear. He He found found Mr Mr Najib's Najib's defense defense unconvincing unconvincing his his claim claim that that the the money that went into his account he thought it too come from a Saudi royal, the judge said. Well, why did you never even checked with the Saudi royal family? Three claim that he didn't have real authority over a pension fund that siphoned large amounts of money into this investment fund. All of these, the judge found on convincing all seven counts found guilty. A clear sign that Mr Najib's sway is no longer what it wass. Mr Najib's says he will appeal and his lawyers are seeking a delay to sentencing. Prosecutors allege around a $1,000,000,000 from the Malaysian State Fund made its way into his accounts. He'd insisted he was changed after 15 years of
WTOP 24 Hour News
Los Angeles - Glee star Naya Rivera is presumed dead after disappearing at California's Lake Piru
"California California from from CBS's CBS's Jonathan Jonathan Vaguely Vaguely Adi Adi Search Search teams teams at at Lake Lake Piru Piru are are relying relying heavily heavily on on high high tech tech sonar sonar equipment equipment and and could could Never Never dogs dogs to to help help them them find find 33 33 year year old old actress actress Neha Neha Rivera. Rivera. She's She's believed believed to to have have drowned drowned while while out out boating boating with with her her four four year year old old son, son, Josie. Josie. Diver Diver say say the the water water is is too too murky murky to to locate locate her her body. body. With With the naked the naked eye. eye. Sonar Sonar is is able able to to do do a 20 a 20 foot foot to to 30 30 foot foot swath swath of of area area each each time time where where a diver a diver with with zero zero visibility visibility has has about about two two foot foot swath. swath. Since Since Robin Robin eats eats a today a today
News, Traffic and Weather
Pine Street re-opened to traffic for first time in a month after 'CHOP' is cleared in Seattle
"Arrests for the last few days as protesters clashed with officers near the area formerly known as chopped Capitol Hill occupy protest in the last 24 hours. Things have been quieter and there are signs of progress Pine Street back open to traffic for the first time in about a month, But there are still some barriers on some surrounding streets that you'll see like maybe 1/10 And 11th comes Jonathan Chill tells us about the recovery underway and the plan plan for for what what will will happen happen if if protesters protesters try try to to come come back. back. It's It's nice nice to to come come back back to to Cap Cap Hill. Hill. No No more more police police checkpoints checkpoints and and the the lunch lunch rush rush is is starting starting to to pick pick up up against against soy soy chicken chicken wings wings and and then go sick your eyes. Capitol Hill is starting to look like Capitol Hill before turned into the chopper. Technically, this area's still closed for a few more days under the mayor's emergency order used to clear out protesters earlier in the week, But authorities say they reopened Pint Street early because all the cleanup is now done. However, the presence of protesters are still here by day. It's only a few like Jada Nolan. If they don't want you crossing that line. I'm gonna cross that line. But for the past couple nights, more demonstrators joined in clashing with police near Pine and Broadway, leading to several arrests. For the last few days, the police have tested the protesters, tactics and the protesters of tests the police tactics and if anyone has a pose on what happens next It's Omari Salisbury's, an independent journalist who's captured nearly every major development on the ground. I think it's going to be very busy this this weekend. weekend. weekend. Cale Cale Cale Anderson Anderson Anderson Park Park Park is is is still still still temporarily temporarily temporarily closed closed closed for for for cleanup, cleanup, cleanup, known known known with with with parks parks parks and and and rec rec rec up up up backto backto backto us us us on on on when when when it it it will will will reopen. reopen. reopen. Jonathan Jonathan Jonathan
News, Traffic and Weather
Tear gas and burning cars in Seattle as unrest continues
"Chaos chaos continues continues to to rain rain tonight tonight as as another another wave wave of of violence violence erupts erupts in in downtown downtown Seattle Seattle como's como's Jonathan Jonathan show show was was at at fourth fourth Avenue Avenue and pike when police started to use tear gas it is the vehicle is we the city thank you he is here in this area and we should twenty this call was Jonathan Chou reporting the violent turn to the protest over the death of George Floyd left Seattle firefighters feeling frustrated you may have seen as waiting to respond to fight vehicle fires I want you to know I have a duty to keep our firefighters safe Seattle fire chief Harold Skagen says he understands the need for people to raise their voices over what happened in Minneapolis but chaos and danger for those in the community won't solve
America's Truckin' Network
Trump Praises Barr for Rejecting Punishment Recommended for Stone
"There are new questions about the politicization of the justice department in the role of US Attorney General William Barr both the White House and the justice department maintain the president trump had absolutely no involvement in the decision to over rule prosecutors in the Roger stone case despite trump's tweets about the situation other than trump give a big thank you to the justice department for over ruling federal prosecutors who were seeking a stiff sentence for his longtime friend and political mentor Roger stone I want to thank the justice department for seeing this this horrible thing and I didn't speak to him by the way just so you understand they saw the horrible this of a nine year sentence for doing nothing actually Roger stone was convicted last year of five counts of lying to Congress witness tampering and obstruction of a congressional investigation ABC's chief White White House House House correspondent correspondent correspondent Jonathan Jonathan Jonathan Karl Karl Karl stone stone stone is is is said said said to to to be be be sentenced sentenced sentenced February February February twentieth twentieth twentieth at at at a a a federal federal federal judge judge judge has has has already already already rejected rejected rejected a a a request request request from from from stone stone stone for for for a a a new new new trial trial trial
World News Tonight with David Muir
Questions remain after Trump's speech on Iran
"The president's speaking to the American people today tonight the White House releasing these new images of the president and his top national security advisers in the situation room last night after the Iranian attack. Late today his staff briefing members of Congress about what led to the deadly drone strike. Roy then caused Iran to retaliate. One angry Republican senator afterward calling it the worst briefing he's ever heard while serving in the Senate here's ABC's chief White House correspondent Jonathan Jonathan Karl. The president stepped before the cameras today flanked by the military leadership and made his first comments about Iran's attack on US facilities in Iraq Iraq. Now Talking Peace Not War. Iran appears to be standing down which is a good thing for all parties concerned at a very a good thing for the world. The president is standing down to after monitoring the attack last night in the situation room. The White House releasing these photos today he I decided he would not strike back at Iran instead he called for economic sanctions and suggested what he really wants is negotiations with Iran's leaders. We must must all work together toward making a deal with Iran that makes the world a safer and more peaceful place. Still he defended. It is decision to order the strike. That Killed Qasim Sulejmani last week in recent days he was planning new attacks on American targets but we stopped him but the the White House still hasn't revealed to the American public any evidence Sulejmani presented an imminent threat today. The president's national security team gave closed door or classified briefings to Congress. Democrats left thoroughly unconvinced and one of the harshest reviews came from a Republican senator. Mike Lee of Utah Utah. Probably the worst briefing of seen at least on a military issue in the nine years I've served in the United States Senate one of the messages we receive from the briefers. I was do not debate. Do not discuss the issue of the appropriateness of further Miller military intervention against Iran. And then if you do you'll be emboldening. Iran it's un-american. It's unconstitutional and it's wrong. Words from a Republican senator late today Giancarl live at the White House and John Senator. Mike Lee says he's so angry that will now support a measure to limit the president's ability to wage war in Iran. Both the House and the Senate are are soon be expected as soon vote on resolutions that would limit the president's ability to take military action on Iran without first getting congressional approval. It's unclear whether that would pass in the Republican controlled Senate and of course even if it passed both chambers David it would almost certainly be vetoed by the president. Already giancarl with us from the White House again tonight John on thank you heard. President trump saying we are ready to embrace peace when it comes to Iran but how the Iranians respond. ABC's chief Global Affairs Correspondent Martha Raddatz. She's bed in Tehran for days. Now and Martha with us live again tonight. And what are you hearing underground Martha Well David Tonight. The threat of all out war here certainly seems over for now. The Foreign Foreign Minister tweeting that Iran has concluded proportionate measures with its retaliatory strikes adding that Iran does not seek escalation or war but they are a long way from any sort of negotiations as president trump suggested they simply don't trust him and there is still fiery rhetoric coming from officials here on live TV today. Iran's supreme leader calling the Iranian missile strike a slap in the face delivered to America and calling calling for all US troops to get out of the Mideast. So David a heat may be turned way down this standoff with Iran is far from over David Martha Raddatz in Tehran. Hey Ron Martha thank
The $100 MBA Show
How to Look Forward to the Next Recession
"Welcome to the NBA show. Your Business gets better with every episode. That's why we deliver daily ten minute business lessons for the real world. I'm your host your coach. Your teacher Turow Mars and home. I'm also the CO founder of the Hundred Dollar Mba. A couple of visits training and community online and each episode is a guest teacher episode. Today's is guest is Jonathan slain. And he'll be teaching you how to look forward to the next recession. Jonathan's lane is the founder of recession DOT COM amazing eurorail author keynote speaker then thought leader when it comes to preparing your business for the recession no fear it just be prepared. It's just a matter of time time for the next recession. Recessions come in different forms as Jonathan will explain but the most important part is being prepared being ready so you can actually grow intercession. Jonathan has a lot to cover in today's lesson. So let's get into it. Let's get down to business. The show comes from Amazon. Logistics Amazon Logistics has a new program for leaders who want to build their own a full time package delivery business. Get access to Amazon's logistics training and technology and start building a team of motive drivers in your community to learn more about becoming an Amazon Amazon delivery service partner go logistics dot Amazon Dot Com ups and downs in Your Business in the economy are inevitable than those who are prepared for those who are able to not only survive but strife we brought on Jonathan slain to show US exactly how he shares his own personal story ory on how to actually thrive in a recession. How to be prepared to make sure you're not caught off guard so I'm gonNA pass it to Jonathon now? The cheese you his guests lesson. But I'll be back with my takeaways and to wrap up today's episode so for now taken away. Jonathan Buckle up. My name is Jonathan Jonathan slain in today. I'll be teaching you how to look forward to the next recession. It's time to rock my story. Is that right before the great recession in in two thousand eight I partnered with my brother in law to start opening up gyms fitness businesses. You know like personal training studios. We open new locations locations and we grew very fast. Our studios achieved new franchise records every year. We have the most personal training sessions ever in the history of the franchise is we had the most locations ever in the history of the franchise. We couldn't miss. We grew and grew and grew that is until we ran into into the great recession. Looking back I'm GONNA let I'm not this audience in on a little secret. Nobody wants to pay for personal training training in a recession and worse I didn't have a plan for what to do when the recession hit so I spent the first couple months of the recession curled up in the fetal position in the corner of my office and the other hand Paul My business partner and Co author who I wrote rock the recession with. He had a plan for the recession and he was looking forward to it. He bought a company and he did very specific things to grow at spectacularly using the downturn is fuel that led to his American Dream Exit poll had picked the HVAC business because he knew that he could leverage HVAC service in a recession. In contrast contrast I was in the personal training business because my brother-in-law happened to be a fitness fanatic and then ended up borrowing a quarter of a million dollars for my mother-in-law our law in order to help us survive the recession and the worst part is I'd ending abroad of the money. All at once I borrowed at twenty thousand dollars at a time. So Oh you do the math. That's twelve phone calls groveling for money. Now I've paid my mother-in-law back since and now on a mission to make sure that nobody has to borrow money from their mother in law in order to survive the next down term. You know right now. The economy's booming unemployment's at record lows consumer confidence. Confidence is at record highs in. Almost nobody has a plan for the next recession. And I want you to be honest with yourself. Are you prepared for the next recession and when I say recession. I don't just mean economic recessions if you lose your job or your biggest customer your in a recession if your five best last employees leave and form a competitor your in a recession if your partner embezzles from you you. My friend are in a recession. But don't worry no matter why you're in a downturn it's possible for you to rock the recession and that's what we're talking about today so. Let me get specific. Let me tell you exactly how how to get ready for a recession. If you have a pen pick it up now and get ready to write this down. Step one are you ready the first first step in building. Your recession plan is to do a credit check on your mother-in-law all right I'll series says the first step in building recession session plan is to assess where you and your company are so pollen. I developed the recession gearbox model to help business leaders and you see the four four gears. The Paul used to accomplish his American Dream Exit from his company. First Year is to assess your situation sucking dearest attuned up your business and personal personal life to prepare for a recession third gears to race which means getting your company culture healthy measuring productivity of your employees rooting out profit said Fade fourth dearest. Hit The gas accelerate. This is where you're going to start to capitalize on all the opportunities. The recession brings in. Finally there's the emergency emergency break. which is there in case all else fails? You'll have a backup plan to prevent catastrophe. Now I WANNA take a second pass through this model highlighting tactics that you'll employ in each gear so for first gear. You're going to assess you always start here. You need to know how the economy works at a basic level and you need to understand the economic cycle because it always includes a recession. It's like the seasons of the year spring summer fall winter. Sometimes when arrives late but it always arise in terms of the economic cycle. Winter is always coming in first gear. You assess where we are in the economic cycle. This is also the gear that you're in when he used the recession readiness assessment to understand. How prepared your company and you are for the next down term in the scary your benchmarking your preparedness hardness from there? It's all about evaluating what you learn understanding how much opportunity you have to use the next recession as leverage for massive growth and gathering gathering the documents. You need the shift into second gear. If you want to follow up on first year you can go to recession dot com slash ready. That's our website and you can take the free recession readiness assessment. There takes about five to ten minutes once you're done with first year assessing now you're gonNA tune this is the gear where you perform stress tests to figure out where your personal and business finances are strong where they're weak. You tighten up your business and personal smell affairs in an unemotional way. And then you'll emerge confident for the next year you'll have conversations with your banker to figure out your line of credit. You want to increase your line of credit now before were in a recession before you need it because banks liked to loan money when times are good They don't like to loan money when times are bad. Perhaps my favourite tip of the entire lesson. We're doing today. Is that now to day. Day is the perfect time to ask your banker to reduce lower or cap. Your personal guarantees if you have them on corporate or personal data at Your Bank. They they aren't going to do this. One Time Sir are bad when we're already in a recession. They're going to let you reduce cap. Your Personal Lou Gehrig's disease now when times are good and sometimes you may have to switch banks to accomplish the skull but I think the effort of finding a new Bank of switching banks is certainly worthwhile and it doesn't cost you anything for you to simply ask your bank or for you to shop. Your Bank With with other institutions banks are so hungry for new business right now that it's entirely possible for you to reduce or CAP. Your personal guarantees but times are so. Oh good that most people just don't think to ask so. Please take me up on this huge opportunity. If you have a loan with personal guarantees okay. Once it's worth through second gear now we're GONNA shift in third year race. This is the gear where you're going to be Improving your business improving your company's culture measuring during employee performance measuring Labor
This Weekend with Gordon Deal
Renting Vs. Buying A Home: Which Is Right For You?
"I like the ones who were you mentioning ownership because nobody ever got rich from renting explain what you meant there, shall we have this choice between owning and renting in numerous financial situations. I'll see when it comes to a house. You know, we have this choice to own a house rented simile, you'll we have that choice when it comes to cars, we can either by a car we can lease it. But in the financial markets, you have this choice between becoming owner, which is what you do when you buy stocks. We rent out your money in return for interests, which is what happens when you put your money into a certificate deposit or savings account or a bond in each of these situations. Whether it's fine how are buying a car or buying pieces of corporations by posting stalks? You're gonna do better financially by being an owner. And this is the big caveat only to become an owner if you have a really long time. So for. Owning that call for three or four years for the house. You want to put the five to seven years and with stock market. I would say need at least a ten year time horizon that means sort of five or six years to make good money and then a couple of years to look for the exit Jonathan Jonathan Clements, founder of humble