32 Burst results for "Robert Smith"
Japan appoints Minister of Loneliness to tackle suicide rates
"Prime minister appoints minister of loneliness to cabinet That's like the goddess thing I've ever heard is his name Robert Smith. Japanese prime ministers appointed him minister of loneliness to his Cabinet in response to a recent rise in suicides. The prime minister. He created it in early February. Apparently, the UK created its own role. Did you guys know that UK has this too in 2018? That's when they did it, and it should, Because they're dealing with us this, you know, an increase in suicides. So now they have this, You know, Minister of loneliness. I mean, this is it's kind of sad, sick with this. We
"robert smith" Discussed on Straight Outta Vegas with RJ Bell
"Album. The only thing better than sitting on your couch watching the game making money while you do. Here's your best bet. Really great stuff from robert smith. I'm a big fan of his work as an announcer and an analyst. All right it's time for the best bet. You know the drill. I picked the best games on the nfl card. We've had a lot of success but lost monday night. Football with an idiotic pick of the tampa bay bucks lost thursday night football. 'cause i thought i was in good shape. Getting the forty niners with touchdown. And that's not good two straight losses. So what i'm gonna do is make up for it okay. I'm going with four. Nfl picks three or four. No it's coming. let's get started. Seattle seahawks fan three in buffalo. This would have liked. All week bounced around on several games in and out of whether or not i really wanna pull the trigger in seattle. I mean all the numbers lineup. I'm not scared about them going east. Okay russell wilson eight one and one against the spread. His last ten to the east coast. Eastern time zone doesn't scare me russell. Wilson is an just an unbelievable quarterback leading the mvp race. And you can't say the same for josh allen. I mentioned it. I believe earlier this week. Josh allen dinged up his shoulder against the raiders. Several weeks back since then. They have not covered the spread in the next four games. Last two games. Josh allen has zero touchdown passes against the jets and the patriots. I think it was a huge game for them last week. To beat the patriots. Afc supremacy and now they get seattle. Seattle comes across the country. Total is on the move but we we know the bills are going to score points. I don't think there's any doubt about that. This seattle defense is just hemorrhaging yards through the air. Forty niners couldn't do to the air last week. that's why it was all over. Seattle buffalo can although. I don't totally trust allen. Jamal adams by the way back. I like the decay metcalf. I davis white matchup but the injury report is interesting for buffalo number. What keep an eye on the offensive. Line there center mitch morse concussion. I've believe it is fifth. Nfl concussion that scary unclear. if he's gonna play. And i think that's a big one. The other one is carlos dunlap will make his debut for seattle We know seattle struggled to get pressure. i like the seattle linebackers containing josh allen on the scrambles. Give me seattle favored by three second pit sunday night. Football favorite the bucks. I see the line at four. The.
"robert smith" Discussed on Straight Outta Vegas with RJ Bell
"That's going to be in the market for a coaches atlanta mattie ice. I don't know if horrible would work down there. So given my thought is that you know a mid west spot really works for harbaugh. But he's already at michigan if you cross off detroit you cross atlantic 'cause they're not in the mid west. I think the bears make sense there. But i will not rule out the jets. Personally i would rather have a major offensive young guy in there. The way mcveigh has been transformative. Like what's to fancies done in cleveland. Give me a young elect. Joe brady if you go back and listen. A couple of weeks ago or maybe. It was last week to bruce. Feldman really gushing about joe brady carolina panthers. Osi probably too young to get a head coaching job. But i would certainly kick the tires there. I think we're looking at the. La chargers making a serious run at a name. Just in herbert is going to be the face of that franchise. But he's not one of these Super popular players from a personality standpoint. You know you're not going to see him as like the guy who's in a million commercials not that you necessarily want that but it is a quiet guy you know. He's not a tom brady. He's not going to stand at the podium and win you over the way peyton and brady did. That's just not him. That's not in his. Dna appear so. When you can't get that out of your quarterback maybe wanted out of your coach and get chargers kind of a desperate franchise if you're in the la market and you don't really much market share when the dodgers won a world series. When the lakers have lebron won the nba title. When the rams are bigger deal and went to a super bowl recently. I think if you're the charges you make a run at jim horrible. I really think he's in l. Eight nine la california guy. Jim harbaugh justin herbert. I mean we know the not herber. The not harbaugh. Is i never had a quarterback at michigan and i know you wanted to shape. Patterson he got him in. Paterson never delivered Just a herbert is a is a big time quarterback he looks like a study in the nfl. I think if you're harbaugh you take that chargers job. And you run with justin. Herbert and you make something happen. I think that's probably the best fit for jim. Harbaugh alright without further ado. Let's bring in robert smith the great college football analyst for fox sports..
"robert smith" Discussed on The Odd Couple with Chris Broussard & Rob Parker
"A ride is the I couple, Kristen, rob, and speaking of clouds. There's a lot of clouds hovering. Over to Staples Center. Inglewood whereas that, we're going to be in in the future, the clippers the knocking down the old. Great Western Forum remember those days class, right? That's right. Your. Game Nail Right. Yes. I. Did I did Really Yep, I start covering the League in ninety five. So maybe two years maybe somewhere Western Forum. Yeah. Well, you know what was interesting Robin I know you saw it is even more than me. You know you grow up seeing these you know these stadiums arenas that. Tried or even just watching on TV right Dr Jay's in the spectrum in Philly Chicago Stadium, which obviously the Bulls were very good back then but Boston Garden to form knows remain three to spectrum before in Boston Garden and then as a reporter I went to them the cover games And A, let's just say they weren't state of the art. How about that right? Now beyond. It was a dump dopes. So. Dump Oh my gosh it was a trip because at that time you did have several new arenas like Cleveland I was covering the cavaliers they were in in gun during that time it was called and it was. As it was nice and then you go to the form Eli what the spectrum The. Crazy, but anyway, real quick and the spectrum the mouse was in. We once had a mouse in the press box I believe it was. Guys Jumping I. Might be jumping off the plank well, rob and I don't think you're going to hear a lot of media talk about this because you know doc is great with the media. He's a great politician and he's a generally an all around good guy like I like Dhaka you can't really help but like doc. But Rob. I can't defend. Not, only what happens this year? But. Docs track record in. La Period. I mean he was brought Vinny del Negro who replaced was getting them to the second round. You had all that talent Chris Paul. Blake. Griffin. The Andre Jordan I know sometimes they got injured in the playoffs, but you never got them past the second round. And this then this year in look, you can justify bringing dot back. Because you can say, Hey, we had injuries the pandemic. We never got a chance to really establish chemistry and there's truth to that. So you can justify it could say when you're to store.
"robert smith" Discussed on The Odd Couple with Chris Broussard & Rob Parker
"A live. You'll think we're live. No, we're live. We're definitely we're all the way live all the way live A you know who's not all the way alive the LA clippers. Dead. After. that. Performance. In game seven, last night in the Western Conference second round against the Denver. Nuggets, we will get into that for certain. We also got big ten news. Of course, they're playing football. We've been hinting at it or they've been hinting at it and we've been talking about it the last few days we now it's official the big ten will be back in October with college football. So we'll talk about that. And so much more and joining us at the bottom of this first hour. We'll have all the insight in the college football and of course, pro as well. Fox College football analysts former Vikings Ohio state running back was a great one to Robert Smith will join us, let me welcome in my partner Rob Parker, what's up man? How are you? What's happening? Just want people to know you know Chris Chris unknow you people twitter and social media I saw did not cry myself to sleep last night I'm not a fan of the clippers just because I picked them the win and I was wrong doesn't mean that it's the end of the world just I sometimes I don't understand. If people actually get or do they think like because you make a pick or because you pick against somebody else you hate that personal that team or or you're a fan of it. So I, just want people to know I'm not a clippers fan I. don't have any Kier. Of Never Been Clippers fan but I did pick them the winner championship and they didn't do it. That's it. Yeah I think I, get what you're saying. And you know I was on the show today first things first and. undisputed. So I felt the wrath of Nick, right and Brandon Marshall and first things first is fine. You know what I'm in Shannon of course skipping I..
"robert smith" Discussed on Pro Rata
"Regulations to <Speech_Music_Male> <Advertisement> set new standard <Speech_Music_Male> for Data Portability, <Speech_Music_Male> privacy and elections <Speech_Male> learn <Speech_Male> more at about <Speech_Male> dot. Dot <Speech_Male> Com regulation <Speech_Music_Male> that's <Speech_Male> <Advertisement> about DOT FBI <Speech_Music_Male> <Advertisement> dot com <Speech_Music_Male> <Advertisement> slash regulation. <Music> <Advertisement> <Speech_Music_Male> <Advertisement> <Speech_Music_Male> <Advertisement> <Music> <SpeakerChange> <Speech_Music_Male> <Advertisement> <Speech_Music_Male> <Advertisement> Welcome back <Speech_Music_Male> <Advertisement> what we watched today <Speech_Music_Male> <Advertisement> was a Senate Homeland <Speech_Music_Male> <Advertisement> Security hearing <Speech_Male> on the US <Speech_Male> <Advertisement> Postal Service controversy <Speech_Male> <Advertisement> featuring <Speech_Male> testimony from postmaster, <Speech_Male> <Advertisement> general, Louis <Speech_Male> <Advertisement> to joy. <Speech_Male> <Advertisement> The big takeaway <Speech_Male> was really more of <Speech_Male> a question mark <Speech_Male> on one hand <Speech_Male> to joy said, <Speech_Male> he is confident <Speech_Male> mail in ballots <Speech_Male> will get to their intended <Speech_Male> destinations <Speech_Male> on time that <Speech_Male> he is long voted <Speech_Male> by mail himself <Speech_Male> and that he never <Speech_Male> discussed any <Speech_Male> changes to US <Speech_Male> policies <Silence> with President. Trump. <Speech_Male> <Advertisement> On the other hand <Speech_Male> he was vague <Speech_Male> when talking about <Speech_Male> the very real <Speech_Male> delays with recent <Speech_Male> US mail service <Speech_Male> including a prescription <Silence> medications. <Speech_Male> <Advertisement> So expect <Speech_Male> tougher questioning <Speech_Male> <Advertisement> next week when <Speech_Male> <Advertisement> joy testifies in <Speech_Male> <Advertisement> front of a House Committee led <Silence> <Advertisement> by. Democrats. <Speech_Male> <Advertisement> Today. <Speech_Male> We're also watching <Speech_Male> <Advertisement> the corona viruses impact <Speech_Male> <Advertisement> on expanding <Speech_Male> wildfires <Speech_Male> in California. <Speech_Male> Not just in terms <Speech_Male> of where thousands of evacuees <Speech_Male> can safely <Speech_Male> go. But <Speech_Male> the fact that California <Speech_Male> typically uses <Speech_Male> prison inmates <Speech_Male> to help fight <Speech_Male> wildfires. <Speech_Male> But right now has <Speech_Male> only ninety <Speech_Male> of its one hundred, <Speech_Male> ninety, two inmate <Speech_Male> <Advertisement> crews available <Speech_Male> <Advertisement> because of covid <Speech_Male> <Advertisement> nineteen <SpeakerChange> outbreaks <Silence> <Advertisement> in state prisons. <Speech_Male> <Advertisement> <Speech_Male> Finally we are <Speech_Male> looking forward to <Speech_Male> next week's Republican <Speech_Male> National. Convention <Speech_Male> <Advertisement> after Democrats <Speech_Male> had their turn this past <Speech_Male> week as <Speech_Male> for what it looked like <Speech_Male> well virtual <Speech_Male> for sure it's not <Speech_Male> going to be in Charlotte but <Speech_Male> beyond that, we don't <Speech_Male> know much except <Speech_Male> <Advertisement> Mike Pence will <Speech_Male> <Advertisement> give his acceptance speech <Speech_Male> <Advertisement> from Baltimore and <Speech_Male> trump will give his from <Speech_Male> <Advertisement> the White House <Speech_Male> <Advertisement> no word yet on if <Speech_Male> <Advertisement> Clint Eastwood or <Speech_Male> <Advertisement> his chair will be <Speech_Music_Male> <Advertisement> appearing. <Speech_Music_Male> <Advertisement> And we're <Speech_Music_Male> <Advertisement> done big thanks <Speech_Music_Male> <Advertisement> for listening. It's <Speech_Music_Male> <Advertisement> producers. Tim. Chauffeur's Naomi. <Speech_Music_Male> <Advertisement> Shaven have <Speech_Music_Male> <Advertisement> a great national <Speech_Music_Male> spoon day <Speech_Music_Male> and we'll be back on Monday <Speech_Music_Male> with another AXIOS <Speech_Music_Male> RECAP <Music> <Music>
"robert smith" Discussed on Pro Rata
"By Bloomberg News Reporter Neil Weinberg. This case quietly you report has been going on for around four years. Now is that normal for a potential criminal tax case to take this long without an indictment it's probably not unusual. It's very difficult to evaluate from the outside how long these cases will take, but they're generally measured in years not weeks or months talk to me a little bit about, Robert Smith himself. He's obviously gotten a higher profile or got a very high profile last year at the morehouse commencement give me a sense of his importance within the financial slash private equity world. Well, he's a person who a lot of people rightfully. Look up to as a you know someone who has been a great success story in America. He came from a pretty modest background and he went to Ivy League schools. He excelled in the workforce as a chemical engineer and he decided to move into the financial services he worked on Wall Street, and then he decided to set up his own company Vista Equity Partners and has been a great success in the eyes of many people. He has over sixty billion dollars in client money at his disposal. At this point, you believe that his profile slash influence is having any impact one way or the other on the investigation or potential prosecution of this case. It's very hard to say from the outside and I'm not really in a position to speculate on it. I'm wondering what if anything have you heard from people either inside or close to that firm Vista Equity Partners about their level of concern because he is the CEO of this firm, and as of last check there does not seem to be internally a succession plan either forced or voluntarily steps down. Right that isn't something we really looked into obviously he is a well known person is the public face, Vista Equity Partners and he's important to the firm you right in your story that his divorce from his first wife seems to have. Played a role at least in bringing some of these potential tax issues to light can use unpack that a little bit. Well, his first wife had filed for divorce in two, thousand thirteen and as is probably standard for very wealthy people. Presumably there was you know a review of the marital assets and it was in the year or two after that that the investigation started the nub of this seems to be whether or not. Robert Smith had written down somewhere whether in a fun document or somewhere else that some of his so called carried interest or profits from his private equity investments would be directed to his charitable foundation or not. Is that an accurate understanding that this really maybe comes down to documentation or the lack thereof? Could, we don't know for sure I think what it will come down to obviously is whether prosecutors believe that he paid his taxes or that he willfully did not pay his taxes and that is a determination obviously that prosecutors will make in this case because of the amount and complexity of the way the money was handled. It's not a simple thing. It's not for example, like you and me, we receive a paycheck did we pay the taxes on it or not? It's much more complicated when you're talking about offshore entities, offshore trusts and The sort of financial affairs that someone of his means would have although he made it that complicated correct you didn't need to make it. It's complicate you guys have charged up there which even by private equity standards is pretty. Webby. He would appear to have been involved in a web that was very complex but I should say there are reasons people can have that sort of structure that are completely benign. We don't know just to go back to the top four years. Again seems extremely long. Is there anything we should read into the fact that over four years there haven't been charges there hasn't been a settlement and that the thing was actually kept under wraps pretty well, even though a number of people inside of the new about it well, I think it's not unusual for these things to. Be handled very discreetly. But in terms of the four years, it would seem like a long time to you and me it's not sort of outside of the zone for these type of tax investigations. There was as we mentioned in the story, an associate of Robert Smith who was involved in this investigation as well, and I think that would obviously add to the complexity. You're not just talking about one individual you're talking about two as well as all of the various entities that you mentioned many of them offshore, Neal, Weinberg, Bloomberg thank you very much for joining us. At facebook, we continue to take steps to better secure our platforms. What's next? We support updated Internet.
"robert smith" Discussed on Pro Rata
"Hi I'm Dan Premium, and welcome to axios recap presented by facebook. Today's Friday August Twenty First Tesla stock is way up new covert cases are down and we're focused on one of America's most celebrated philanthropists. In May two thousand eighteen America was captivated by a commencement address given to the graduating class at morehouse college by Private Equity Titan Robert Smith. In case you forgot about it here's a refresh. On behalf of the eight generations of my family who have been in this country. We're going to put a little fuel in your bus. Got The alumni over there, and this is the challenge to you alumni. This is my class two, thousand nineteen. Families Making a grant to eliminate their student loans. This was Smith's major introduction to the national stage. But for more than a decade, prior he had been a major financial player buying up software companies through his firm. Vista Equity Partners. He also had already become America's wealthiest black billionaire given around twenty million dollars to help create the Smithsonian's National Museum of African American history and was regularly talked about in his home state of Texas as a future governor or senator. But what we learned today from Bloomberg News is that for at least the past four years, Smith has been quietly fending off a criminal investigation by the IRS. In Short Smith reportedly directed some of his early private equity profits to an offshore holding company that was then used to fund his philanthropy without first paying taxes on it. That may or may not have been illegal depending on what Smith said he planned to do with the proceeds before earning them. So far, no charges have been brought and it's important to reiterate that no charges have been brought and Smith does continue to work towards some sort of settlement if possible. But the very disclosure of this case is a major dent to Smith's halo let alone to his political ambitions and its resolution could determine the future of a private equity giant with tens of billions of dollars under management and dozens of tech companies under its ownership. If fifteen seconds, we'll go deeper with Bloomberg News reporter. Neil Weinberg but I this. At, facebook we've taken critical steps to prepare for the US elections. We more than tripled or safety and.
"robert smith" Discussed on Squawk Pod
"And it's been quite a challenge of as much easier close restaurants down even though we had hundreds of action item seduced so It's much much more to reopen the restaurants and get everybody in there and start from scratch and clean the restaurants. Clean the Patios relandscaped get everything brushed up and all the food prepared delivered. The staff brought back Scheduled written You name it just a plethora of work to do. But I'm very proud of our team They've worked their butts off to get our company reopen and here we are today and it was exciting last night spent the entire evening out in our restaurants and see couples out celebrating and having a great time and people out on dates and parents out with their kids and families and and hear the chime in the restaurants and the dining rooms for us was fantastic yesterday. What what kind of demand is there? How Fuller your restaurants and the places that they're open. And what do you have to do in terms of safety? Are there places where you needed to have much less occupancy in order to distance places yes we have to again. Every locale was a little bit different but we have Germany speaking the social distancing of six feet from guests throughout the restaurant and a number of other safety protocols. We worked for weeks and weeks with our safety team. And putting our protocols in place for our guests and our societas feel safe within our restaurants. So it's a little odd in a restaurant and seeing plexiglass over your host Danny kind of the host. Looks like they're in the penalty box a hockey game a little bit. But there's some nuances like that. That are in the restaurants that you normally wouldn't see but I think people generally speaking are feel comfortable and they're glad to see the safety protocols in place and so we're we're about we think we're about seventy seventy five percent of our sales. Back is our goal and I like to you know any. Ceo He or she would be in trauma if they lost thirty percent or twenty five percent of their sales but in our case going from zero to seventy percent or seventy five percent of victory and a win and and I think it'll help us and ensure that we get to the other side of this but not virus. Hey Cameron just really quickly. Have you had to raise prices? And Are you profitable at seventy seventy five percent occupancy? Screw Question Becky are our models We've done extensive mile. Show that at seventy to seventy five percent. We can make about half of the profit that we did prior to the shutdown which is enough to satisfy our bank and our principal and interest needs and Kaplan proven names but And so it's it's a about halfway there if you will okay. Great Cameron thank you. I'm so glad to hear that things are going better and we wish you the best. We'll talk to you against very q-bert improve twitter beer. That's the show for today. Thank you for listening spunk. Fox's hosted by Joe Kernan Becky quick and Andrew Ross Sorkin doing weekday mornings on CNBC at six am eastern and to get the smartest takes and analysis from our TV. Show right into your ears. Subscribe to squad pod. Wherever you got your podcasts. We'll meet you back here tomorrow..
Robert Smith, Vista Equity Partners; PPP & Minority-Owned Businesses
"For businesses around the world today isn't a restart it's a rethink that's why they're partnering with. Ibm retailers are keeping their systems up as millions of orders move online. Paul centers are using IBM Watson to manage an influx of customer questions with a I and solutions built on the IBM cloud are helping doctors care for patients remotely today. We're rethinking how business moves forward. Let's put smart work visit. Ibm DOT com slash thing to learn more this squad pod? I'm CNBC producer. Katie Kramer Today on our podcast private equity giant and richest African American billionaire Robert Smith on getting loans to entrepreneurs or capital is be driven. Frankly into this small businesses hands in probably give them a little more flexibility in terms of hobbies and and how to leverage technology for digital future. But I think we should think about what are the most effective ways for us to educate our population to drive forward into you know into the teacher of opportunity plus when reopening is on the Menu Cameron Mitchell restaurants founder and CEO laid off thousands of workers. Now he's opening doors again. I think we're going to survive but it's GonNa be a while before we get the hospital. It's Monday may twenty Fifth Happy Memorial Day squad. Pat Begins Right now Robert. F Smith is the founder Chairman and CEO of Vista Equity which has fifty seven billion dollars in investment capital. Vista is the fifth largest enterprise software company in the world as well and overseas more than sixty portfolio companies that employ more than seventy thousand people around the world. Smith is also the first African American to sign the giving pledge and he was recently awarded the Carnegie Medal of Philanthropy. He's on many lists as the wealthiest black American and lately. He's been working directly with the White House on the roll out of the paycheck protection program and how to get the loans in the hands of the most in need especially minority owned business. Pp was designed to rescue mainstream. According to the small business administration more than four million loans have been approved so far totaling more than five hundred billion dollars. Here's Andrew Ross Sorkin with billionaire businessman and Philanthropist Robert F Smith. You had worked with the White House on this program and so I just ask you to start by giving it a grade. Do you believe the money's getting where it needs to go. You know be first Tron of the P P P I think was challenge to get to the the small businesses small medium businesses a second charter for being a lot more effective But one of the things we discovered. Angela's US not discussed is that there is a frankly banking desert's in a lot of the communities about seventy percent of the African American community. Actually don't have a branch bank and so we've been working with a they treasury you know senator Sector MNUCHIN and Senator Schumer in Pelosi Dachsie work on building capacity and what I saw the capillary banking systems which are the community development financial institutions and a minority depository institutions building out the Pasadena to get these dollars into the hands of these small businesses which are essential to our communities so what are those capillary banks. Look like who you to right. If you are a small business owner this morning listening to you this morning. Where did you go go? Go to get that money then. So there's a bad a little over a thousand of these days. Cdfi's and the India is and these banks typically are in the communities there mainly in what we call targeted communities Unfortunately a lot of the larger banks don't bank those organizations those businesses any longer and is about ninety four percent or so of the African American businesses are so proprietorships and don't have banking relationships. And so what we've been doing is is enabling. Technically enabling got some wonderful teams have been ebeling these businesses they interface with the transit system at the and you can go to number places. There's national bankers dot org goes National Action Network. We've been worked black churches. Our Fair share A number of organizations that we've been working with to enable these banks to be able to processed loans and we just probably about ninety billion dollars or so left in the second of AP and I think it's essential if these small urban businesses African American Latin next businesses get Get their share This stimulus capitals of really frankly Repair some of the economic damage that this covert virus
"robert smith" Discussed on Squawk Pod
"See it. So the dynamic for us is one of necessity now has been sincerely the founding of this whole impact I think about our world. I live in enterprise software. One of the dynamics. Enterprise software has has done is created massive productivity in companies in existing businesses with his business to business. You know that's a dynamic and creative huge huge wealth and you know for capitalist those who held capital in those companies an upbeat actually pay income opportunities for working those business itself. That's what you're seeing seeing that disparity parity of of of of income and wealth driven by the fact that technology has this massive productivity impact on these businesses and it's being recognized and the recognition. You know there's something can say. Oh my goodness for sale for the first since nineteen thirty the biggest disparity in both well income and we have to do something about that you know in the. Es Initiative Concept Concept of it the role of software. We're actually pretty good on the east side right. Give us a lot of power and yells at probably good footprints of socio hits album the most public pretty cleaning but the escort the impact of social. How do we actually make a more inclusive environment? We have had to do it by necessity because because we need talented people at the stuck to the traditional pools of people. You couldn't actually feel the roles and the jobs I got seventy five thousand plus employees. I have five thousand open REX. I I just go to the same place that everyone else has gone. I can't fill those ranks so we have to have always had open up our aperture for people in doing so. We have the most. Diverse workforce workforce in private equity the most diverse workforce in technology by any measure any standard objective measure. Really across the plant. When you started doing when you sesame though you think that you said to yourself you know what I WANNA do differently? It's it's a bit of both right assessing us. We needed the people. And if you go to the same places can't find him. So where do you Wanna go go to places where you have very smart talented people who need on ramps into this economy and when you look at the world the private equity and software and armies the physicist happens ABC News we have we pay two times the average private wage so it actually transforms an opportunity for an individual worker in our business and of course if they are a stakeholder in the business stop bullets KC it transforms into wealth dynamic for them so we always talk about the soldiers force of our business. You know being African American. I have the opportunity to actually think about about. How do I transform a community of Americans African Americans into this fourth industrial revolution? That you've been talking about the last four five years yourself you know pardon me. It's by design apartment. Part of it is an obligation to great extent that she make the change that I know right to you think these changes are happening outside of your firm. I mean there's a lot of talk here about these things but is there a lot of action. You know the good news about Davos in all its criticisms gives people like me and me and you can actually connect with senior executives to affect change so we develop a program through the funding foundation called Internet and the whole point. My career started del APPs. Empty News as an intern. Well how do we get more more after. Americans women internship so we created a platform in essence a Nazis laughable. But now I come here and get real commitments from Chuck Robbins at Cisco Okay Back in An Giang data on TNT and Dan Schulman paypal and just got one got the bit commitment and get the number yet from g so the whole point is knocking on ramp by having receive IOS. Commit to you know what this would make sense. Robert WanNa do it. How many Donald Sale five hundred internships great and our able to fill those now? Five hundred African Americans are women. Now have a chance participate in the fourth industrial vision as insurance and then ultimately become full time employees so it works it matters. But here's a place where you can actually manage not just hype no Edison but but but that is the critique here in Davos right. Is that a lot of people that but I'll tell you my experience when I come here on a mission for my Spirit's has actually leads to real outcomes and otherwise it wouldn't mind when you think about the idea of capitalism. Oh just even the concept in in the United States right now. There's a debate about whether it even works and I'm especially curious about how you think. African American community thinks it's about the idea of capitalism. That's that's a long conversation. If you think about capitalist of capital versus capitalism still is the most efficient system on the clamper uplifting humanity but of course you know in general we go up but we have individual pockets. Who Don't necessarily participate? African Americans have traditionally not participated. In fact you go look at the you know. The homestead actes southern Homestead Act redlining around community's inability to actually gain a foothold in the capital part of capitalism and. So they've always been part of the Labor Party right and that's the nine Emmett so part of what we have to do and what we go through this do you move them into capital has been announced to Scott. How do you drive capital newbies communities some of which policy driven some trashy individual Somerville Philanthropic so? I think we now have the first time in the history of this planet where you can actually generate capital not owning capital I intellectual property technology okay in one generation. But you have. Did you get on ramp into this technology revolution. You gotta get internships experiences. It actually gets you into these. These technology companies. That's what you think. A young people today in America appreciate that especially given the political climate in which there really is a stark contrast between the two parties and even within the Democratic Party around this idea capitalism and socialism. I don't think we've done an adequate job explaining to young people with the benefits or profits in a corporation and the corporations bridges has done an adequate job taking showing profit improve the community in the station. The good news is with Chuck yesterday at Cisco. We're talking about. Listen here's how we're educating in training and dealing with homeless problems in in Santa Clara California one of the wealthiest counties on the planet but of course as as people got you know wealthier in that etiquette displaced people. And but but how do you now take care that the government doesn't necessarily handle some of those issues but folks were running businesses can cause they realize if we don't make a community sustainable. We will not have sustainable stable businesses. We haven't done a great job as companies explaining the virtues of Kabul the virtues of profit you know as you know. Andrew Carnegie has has been a big hero mind. We don't go through the gospel of wealth with people helping stand the role folks like me to actually drive in managed disparities using philanthropy as a tool and as has an instrument that she made some of the some of the issues that come. Capitalism and profit has been primary motivators president. Trump's often talked about What he he says is Record unemployment for African Americans in the United States under his administration. Do you think the African American community appreciates that point. I think if you didn't have a job and you have one now. You do appreciate it you know when it started is it now. It's after but we've got record on that from what I can tell. That is true true now the real question is is it just leading income or is it actually leading to. Well you know part of when I think about it is how do you convert that income dwelt well typically in America. It's been through landownership ownership. What does that mean buying a house having for that House to actually appreciate the neighborhood? Borrowing use the capital to send your kids to school so they had the next after the improves. The Cat Paradise in your family so like all things. It's a great start to get income but we now have to convert that income to capital into these communities. That's what after Americans are looking for. We were in participate. I consider some of the the the the land grants and homestead acting summer. Southern Homestead Act that led to a basis of capital for a lot of non black Americans American and these families have been for generations. You know taking advantage of well. The whole point is now. How do we ensure that? This group of folks after Americans have a chance participated debated in that in that economy. That they've been screwed.
"robert smith" Discussed on Squawk Pod
"And we're going to get to Eunice. Yoon was is right now in Beijing Eunice. Thanks so much Andrew will. I'm coming to you from a very popular entertainment district in Beijing which is called Sunday. Turn this place has tons of restaurants strong in bars and would normally be buzzing this time of night Maybe not as much because of the Lunar New Year holiday but still right now it is extremely quiet. And what what you're seeing here is really being replicated. All over the country people are worried about leaving their homes and there are concerns. The government has been taking a many more aggressive measures to try to contain what they described as the strengthening virus of over the weekend the Chinese Premier Li coach Hong was assigned the person the official to manage this pandemic. He is currently in the city of Wuhan the hot zone of this outbreak and this comes after President Xi Jinping had also over the weekend convened an emergency meeting when he described the situation as grave. Now many of the authorities here have come under criticism especially the local authorities in Wuhan. Honda Wuhan Mayor Actually just today offered to resign and this is after a yesterday. He said that five million people had left Wuhan because of the Lunar New Year holiday and the outbreak so that is the Bigger than the size of the population of the entire city of Los Angeles Angeles In terms of what the government is doing. Now they've taken more steps saying they're going to extend the Lunar New Year holiday By three days to February second and then to economic centers Soochow and Shanghai have also Just said that they're going to extend Their holiday and they've basically ordered companies not to return to work until February ninth for Shanghai in February for Sue Joe and the question now really is exactly how along will companies stay closed. I was talking on the phone with I was talking with Ford. And they said that they're trying to decide. Exactly how long they're going to be staying enclosed and then the Shanghai markets we've been asking them You know the markets are one. Are you guys going to open. And they still haven't decided so. These are the questions that people are asking because there's so much uncertainty right now over the virus in part of the problem I guess. UNICES is the incubation period. And early sure it could to the anywhere from one to fourteen days and I understand. It's a symptomatic but you are contagious. So a five million people laugh none of them showing any signs or any symptoms. You can't have a high degree of confidence that that all those people aren't spreading it somewhere else absolutely. That's actually what's adding to the the the fear here because the health officials over the weekend had said that the incubation period on average is ten days it could be assured as one day and as long as fourteen days is and that unlike the SARS outbreak in two thousand and three people are apparently contagious. During this time. When they're not showing symptoms so with SARS once you start symptoms? Then you're contagious. But in this situation it's not the same and so that's just adding to the concern here. Eunice Michelle good to so you. Why are you wearing the mask is that required is caution on your part? It's not required in Beijing yet but everybody is wearing a mask here and the recommendation has been to wear a mask. And that's again another reason why there's been such a focus on the lack of you've of protective gear masks because it's not only in Wuhan where people feel the need to protect themselves but now because of the the the fear of the spread of people in Across the country are feeling that they need to wear these masks of the big question that a lot of companies have been asking is whether or not they should stay shut for a longer period than the official officially mandated Lunar New Year extension and that is really starting to unnerve a people people here about what the economic costs could be in the economic impact. Because it's not only affecting consumer companies or travel companies but also the Potential impact that have on the supply chain is is something that people are worried about especially for global companies. Okay Muniz thank you for that report. report as worldwide health authorities try to contain the spread of the virus economists trying to figure out what impact it could have on the US economy for that. We turn to Steve. We smoothies at the table US morning. Andrew economists looked at previous influence outbreaks to gauge the possible impacts of the corona virus. But they have to factor in vast uncertainties specifics of this virus to how changes changes in medical organizational and communications technologies can alter these outcomes the World Health Organization and resolved to save lives. Note five separate outbreaks this century Trey with costs ranging from around thirty three billion for SARS in two thousand three two more than fifty billion for bowl in twenty thirteen overtime and through massive of efforts. All of them were contained though they hit developing countries much harder than developing on something. The World Bank is trying to deal with separately. Experts estimate the annual global cost of a moderate severe pandemic estimated five hundred and seventy billion or zero point seven percent of global income. All of this is measured against the nineteen eighteen grade influenza that killed the nested fifty million people. The United States entered a recession in one thousand nine hundred that lasted eighteen months and was blamed on the greatest Lanza which uniquely by the way hit the working age population. The hardest the World Bank said in its report estimate suggests that if the world would face a fast moving airborne disease just the Spanish through outbreak of one thousand nine hundred eighty one thousand nine hundred it would kill more than thirty three million people in two hundred fifty days and a road about five percent of global GDP or more than three hundred and sixty three three point six trillion dollars but that was nineteen thousand nine. There have been dramatic advances in how health officials combat such outbreaks in medical technologies to treat and diagnose them and maybe most importantly in communications technologies that warns ever others of an outbreak. If you read the book by John Berry the grateful Enza you find out. They didn't know that it was existing different different for example military bases so three lessons from history. One a pandemic is an ever present. Terrorists can't get rid of that too. They mostly don't happen three. It takes a very serious and unique virus to have a major economic impact. Joe talked all about all these things. Stephen and Watson and Crick Nineteen fifty three right. I mean we can sequence right. The genetic structure of this ornate virus almost instantly develops them. The one offset is How many flights a day connecting the into relationship that you can't confine anything anywhere so first of all you want to always be careful? Say it's different this time. It may be. It may be different. The communications cuts both ways in a really interesting. When you read that book the Great Influenza? It was in one one army base. They didn't know it was in an army base and it was in another arm. They didn't know it. And of course the virus mutated over time so the communications has the ability. You think so phone saving lives in this instance on the other hand it has the ability to spend spread. Panic may be earlier than it otherwise would right so we all know about it and so people get worried about it when people. They stopped me in the street. This is Steve. What's going to happen? I don't know but but economists after estimate this I mean I'm most a number one. We we do know how to handle a lot better. Even China learned a lot with SARS. But I most gratified by how much we know about molecular the biology and how quickly we could determine the part of of this virus that's conserved even during mutation and quickly design. Hopefully either a therapeutic uh-huh vaccine attenuated by the idea that it's still going to be bureaucrats who because that's the kind of viruses we used for uh-huh sometimes but it still bureaucrats are going to be implementing this thing whether or not they're different is the most interesting to be organizationally. We learned anything exists. One can't get your mind around it yet. I don't think I haven't fans around the world fans non-fans everyone in disbelief this morning after basketball legend Kobe Bryant. It's thirteen year old daughter. gee-gee Jonah were among those killed when his helicopter crashed in southern California authorities. Say Nine people. Well die in the crash about thirty miles. North of downtown Los Angeles in Calabasas thousands of fans gathered outside the staple center and honor the five-time NBA champion. Who spent all twenty of his professional season with the Lakers Lakers returned from a road game yesterday?.
China coronavirus: Economists look to history for lessons on the impact of pandemic fears
"Concerns about the spread of the corona virus have gripped communities around around the world and economists are looking to history for lessons on the impact of pandemic peers. CNBC's Steve Liebmann. Three history won. A pandemic is an ever-present present. Terrorists can't get rid of that too. They mostly don't happen three. It takes a very serious and unique virus. Kevin major economic impact.
The Rest Of The Story: Should college athletes be paid?
"Time now for sports that the Don Don Don Robert Smith remember actually five years ago. Now this is Jacob Goldstein. Speaking you and I did a story. We're the way referred me in the third person when we're sitting right next to each other about the Ncaa College Sports and specifically about should college athletes be paid and even more specifically than that we talked to Ed. o'bannon you remember this. I remember this because Ed o'bannon stumbled upon his own face right young Space in a video game. Yeah he'd been like a star basketball player at UCLA back in the nineties and this is way after that. He's at a friend's house in his friend is like I just spot a video game with you in it and then Ed o'bannon starts watching himself in a video game so weird yeah. He told us what he thought when he heard while whose plan. And you know my friend he says we what's crazy about this. Is You know we pay one hundred dollars or whatever for the game And you didn't see the any of it and you didn't get a dime and you know when he said it I felt like I had been kicked because I was at the time People who were amateur athletes. They had signed up for that. They knew they were not going to get paid for actually playing but this was clearly a use of his image of his likeness in order to make money for somebody else. Yes and so abandoned became the lead plaintiff and like the face of this big federal lawsuit suit right and the lawsuit was arguing. Not that colleges should pay athletes but just that athletes should be able to get paid to like be in video games or endorse shoes or whatever so that was the story. We originally did what happened with that. Case was the athlete sort of one but not really in the end. The courts were like thank. You can get a little more money in scholarships but basically no. You can't get a bunch of money from endorsed. This was when two thousand fifteen was when the appeals court made that finding and and then this year to the California legislature passed a bill that basically said starting in two thousand isn't twenty-three I guess we say twenty twenty three now college students in California would be allowed to be paid for name image and likeness for this thing that Ed o'bannon wanted to be able to get it so they'd pass the bill and the governor of California Gavin Newsom hadn't signed it yet and he went on this. Hbo Show called the shop to talk about it and in particular he was talking about how all the college presidents were calling him on the phone trying to get him not to sign the bill to via the to. It sure what did did they say. What the hell are you doing destroying college? Sports they're saying you destroying the purity of amateurism not once. Did they talk about the needs of these these kids well. They've been listening to you. Will they listen to the other one after. I signed the power arrangement the minute we signed this all of a sudden now now they have to deal with California and then Robert Genius pure stunt have to give it to him right there on the show newsom signed the bill into law now was doing all right I could show business and what they're doing. They know what they're doing. So do we know what the impact of this is GonNa be. I mean it's just one of those like as goes California so goes the nation so the NCAA had unsurprisingly lobbied against this bill they called it unconstitutional. But you know pretty as much as soon as it became law in California of course all these other states especially big football state started considering their bills and a few weeks later in October of this year the board of the NCAA voted unanimously that. They were going to allow students to benefit from their name. Image likeness so we don't know the details but basically Ed ed o'bannon he lost in court but it looks pretty clear that college athletes are going to be able to get paid and when they make the movie. This is the moment when the slow clap starts abandon walking back out onto the court at Pauley Pavilion Maybe a Little Limp Cherries Sands and then on the jumbotron Tron. It's him in the video game and then just cash. Meaning Jacob Gold Steam. Thank you very much for the update. Yes a good one
A Series Of Unfortunate Recessions
"This is we want to call the scariest economist we could find we found professor todd new of Cornell College hello can you hear me yeah I can hear you professor do you enter into that music down real quick okay yell at my teenager elva professor new is the perfect Halloween guest because he as an expert on real life monsters the kind that can take away your money your job your future he wrote the book recessions and in depressions the strange thing about a recession or a depression new P- says is that not only is it the boogeyman something we fear but you can make an argument that recessions are in fact created by that very same fear the fear that something bad could be lurking around the corner and we don't know what it is for the be safe I stopped spending I stopped lending and without that consumption and investment in the economy demand starts the fall production overall starts to fall in many times what we see especially that they are in a sense fulfilling the fear of a recession can is actually enough to cause a recession and like anything that is truly scary sessions are almost impossible to predict you can have short ones long ones you can have deepened debilitating ones where the economy shrinks Allott and millions of people lose jobs porp- their recessions that you barely notice you can go ten years without a recession like right now but in the nineteen eighties we had two different recessions a year apart double D and for a long time economists had a hard time explaining why recessions even happen inefficient economy traditional thought should be an equilibrium and if something changes for good or for bad then eventually the economy will adapt there was nothing in the equations about everyone freaking out at the same time and yet the economy doesn't travel in a nice straight line at it veers drunkenly from overconfidence and boom to collective fear and bust there is clearly glitch in the system a monster in the basement and in order to see it professor Todd Nuke says you have to go back in time and you have to look at each different recession and so we decided to do some virtual time travel but going over to the New York public library right across the street from our studios yeah this is good we're in the giant rose reading room it's so quiet how you we walk over to the dusty financial book section nobody comes here and yet on the shelves one Hundred Years Worth of recession bank runs yep bank panics eighteen eighty to nineteen the postwar economic slowdown. This one is a classic this because this Harry Potter Looking Book the sort of founded Unicorn Haider's Alan Velez not you get the book is called Percep- Theo recesses federal Latin Latin recession rules of recession look this is it says the word recession is like a curse Kinda like if you just repeat it out loud enough times that you'll like send your economy tumbling backwards in time like beetlejuice beetlejuice beetlejuice yeah recession recession recession initial estimates estimates on this it I will not take grabbing the harassment from these customers now let him police it stop selling gas it is October thirty first Halloween nineteen seventy four the country is angry and stuck in an endless line at the gas pump this is planet money nine thousand nine hundred seventy four we put a man on the freaking moon today on the show why can't we figure out the rules of recession support for NPR this message comes from the ABC original movie kill Dozer Watch an unmanned bulldozer continuous rampage killed dozen of will movie about a big bulldozer that kills people support for NPR and the following message come from transfer is a smart new way to send spend and save money abroad transfer wise gives you a great exchange rate on every international transaction and you can even get an account that holds forty currencies at once and a debit card to save when you're overseas joined six million people in over seventy countries who are already saving test them out for free at transfer wise dot com slash NPR or download the APP up should I call you Zack you Cowabunga for one zero it's much better you wrote on Reddit that planet newsletter is like meeting a noir detect active in the parking garage for evidence exchange and incriminating photos can you confirm yeah let's incriminating about the newsletter feels like you guys have found some deep dark secret that once the Internet how people sign up in pure dot org slash planning my newsletter you nailed it all right and Rebecca understanding at a gas station in New York City looking at an endless line of people trying to get gasoline I'm GonNa live two hours in can't get gas Robert Smith how did we get to this moment you know Kenny I think here in nineteen seventy four were starting to learn important rule about recessions anything can send an efficient economy into a spiral is an outside shock we can't control that is a less fancy way of saying and exhaustiveness shock which is more than See Way of saying something outside the normal happens that suddenly makes everything more expensive a hundred years ago the best theory about recessions was that they were caused by sunspot what's literal spots and flares on the sun that would randomly send waves of radiation towards the earth leading to sick crops and then businesses is failing and then banks closing I know it sounds ridiculous and of course it is scientifically wrong and yet that is basically what happened this year but instead of the sun it's OPEC the Organization of Petroleum Exporting Countries yes last year nineteen seventy-three OPEC declared an oil embargo against nations that supported Israel that included the United States so the price of gasoline shot up in this country then came the rationing then came the endless lines at the pump then eventually came this very angry man in Queens we call up a young professor who was working on his first book about Recessions Professors Todd New of Cornell College Hello Todd everything in this country that touches gasoline has gotten more expensive which is everything and as a result these shocks have greatly increased the cost the production that greatly increase the cost of doing business and so it's not the fact that people aren't willing to buy it's fact that firms aren't producing like they used to particularly they're not willing to produce at the same prices that they were producing before now as we twist this actual fast Ah American gas tank and it my friends is it's awesome we don't try that ahead hello and welcome to NPR's planet money I'm Adam Davidson Robert Smith and I'm Kenny Malone it is October thirty first two thousand and eight it's about one fifty five in the afternoon as we're recording this it's Halloween we have some of our co workers dressed as trees and arenas said someone wearing roof shingles and bubble wrap housing housing bubble the housing that's fine well look we're a brand new show and we're probably going to spend the next I don't know nine hundred forty eight episodes explaining the housing bubble the mortgage crisis the financial crisis but if we could say something right now Robert Kennedy I think here in two thousand eight we're stunning to learn an important rule about recessions sometimes the shock to the system is not something from the outside but something from the inside that we can't see nobody knew housing prices all across the country could fall at once no one knew how interconnect did the financial system was including apparently our president at this moment George W Bush over the past few weeks many Americans have felt anxiety about the Finances and their future I understand just last month President Bush interrupted Primetime Television to address this financial crisis and as is the tradition of this moment let us you might in banishing fear together we cannot fail ladies and gentlemen the President of the United States has spoken to
"robert smith" Discussed on KDWN 720AM
"Coming back on a throwback Thursday now that particular song personal Jesus comes into play right now. as far as Robert Smith Robert Smith the color commentator U. N. L. V. basketball Robert Smith part of the hard way the basketball team at U. N. L. V.. early John Sander the voice of the Runnin rebels basketball team just tweeted out that Robert Smith has suffered a stroke so I don't know the details I just got that Chris Wynn keeping me updated but he saw the tweet from John Sander I did not see it I was on the air so you know paying attention everything I am a Robert Smith the guy that I know personally and what a gentleman you talk about somebody you know one of those guys to take the shirt off the back type guy that is Robert Smith he is the soft spoken good Christian man he is somebody that is always looking to help out others our prayers for the Smith family and for Robert Smith one of the greatest point guards man I mean the guy was just incredible as a player but a better human being just as Superman and Robert Smith our prayers are with you and your family right now India's go we welcome and follow him on Twitter at Vegas anti seven eleven in and you know Robert Smith as well I mean you've seen and heard his work for many years as far as on the air waves but you know we got to watch you know Robert run that offense back the hard way with you know Theis and Gondolin the guys I mean this guy was a special player but a great dad a great husband and a you know a broadcaster that just puts his heart and soul into the games he he bleeds run a rebel colors that always has always will and just got that news about thirty seconds ago what what do we do that because I did not catch that yeah Robert Smith apparently suffered a stroke so John John Sandler just tweeted that out so saddened to hear that I hope but turned out to be rather mild obviously it's a serious situation so I imagine that just occurred we don't know anything at but certainly he should be in all of our president you know getting back to the his time on the broadcast you could tell his into enough this is knowledge of the game but on Tuesday and for the game and you could tell in his voice by the way he was talking how the rebels were doing in games and that's off in a very difficult quality to to transmit without seeming to be sort of like a you know a total Homer one way or another which she was not no doubt about it and you of course alerted me saying Katie the you know the digital versions already out there of the Blue Ribbon in you and I of course love the Blue Ribbon because you and I love college basketball I mean we love our college football or NFL Major League Baseball a but we always have loved college basketball Robert Smith a big part for the Vegas community for many many years as far as college hoops and it's right around the corner anti so much going on in this is that time of year where everything kana collides we have Major League Baseball the fall classic getting ready to happen but right now playoffs starting out at the two wild card games and you know always tough to see a team like Oakland finished thirty plus games over five hundred get knocked out but you know years ago they wouldn't even had that opportunity so we got to take what we have I think it's enough I think it's okay the nationals who also got that come from behind victory handed to him against Milwaukee boy did they get shellac tonight by the Dodgers Dodgers win it by a score of six to nothing behind you are by the way the only fine we were waiting on was Anaheim Arizona on the ice and I'm held on to beat Arizona by that to one count so everything is final seven six cardinals over at Lana and Andy I don't know if you ever had a chance to this see that play that I had called you about as far as cold Wong's double in the ninth inning at that time Atlanta was trailing by a five three score to see Luis already had two runs in the ninth and then Wong hits one down the first baseline and I know. the rules I meaning you do as well and the first base umpire you know your trust in the guys behind the line and there's balls that if they hit fair prior to the bag and then even if they don't go in land in fair territory if they cross over the bag almost like kind of like going to the pipeline to where you know they'll go all it's indefinite you can just go in and watch the pylon there in the NFL and if the ball crosses over that pile and then it's good it's a touchdown and you know so I'm I'm looking at and when I saw I live in like add style and then you know watching back and I'm like wait a minute so I went back and I taped and I watched it like four or five times and I'm like are you kidding me I mean it how could this guy blow this call this badly and I'm Adam it I mean I stand on that the Major League Baseball needs to check into this and then when I hear the announcer and even on the replay that I have that I texted tweeted out it says that's not reviewable I mean I don't get it how is it not reviewable in this day and age with technology and and cameras should be positioned perfectly yeah like I couldn't see I thought once and it was not really hard to tell listening to the you would be re play on my MLB network that when they use the highlight they show that play and for those who are going to see if they did not seem to have anything comparable to they said it was barely fat it was barely fair but they did not say that it was questionable talk about reviews so sometimes when they take a look at a little bit better maybe they had a different angle that there was different than the one we saw live yeah that's the whole thing off if you can show me that angle that that behind the empire of Porter diggers name was a and just let me know that what he saw was where he does because that ball haddock it was curving but he never got over any part of the bag at all as far as every you know the the the to replace that I looked at but you know maybe like you said maybe there's a better angle but right now I'm and I'm looking at it and when you see Freddie Freeman dive for the ball these three feet outside the baseline trying to trying to get that ball so again but. you know what we'll see but this is I thought it was pretty egregious and and you know I know they were down five bigger story was the fact that if you add the under in the game three three going to the ninth and so on a nap in some places actually up and I don't have all day now that's a bad beat yeah there you go in that game that that shot right there put it over and then I'm thinking to myself I go and even on the little guy video when I tweeted it back and I said either probably won't matter because it was already five three so I'm like I probably won't matter loan the old race come up with three runs in the bottom half of the ninth inning but St Louis later on because you don't know if they come up with those three rounds if the score is five three and not seven three sure you don't I mean that's the whole thing but you you'd like to make sure that you know that at least everything every possible angle especially on a baseball field I mean there's nobody running around it's not you know like as far as football were guys again in the way they can I mean it's like it's right there there should be that whole field you just be position so there's camera angles you know ten different ones on every part of the field just to make sure you get stuff right but you know when they said you you know it's not reviewable I'm like well why why the hell not man I don't think it is review I don't and nationally I believe in wasn't reveal when replay first started I think they made some adjustments over the years I believe something like that was revealed also apparently whatever angle it was must have been pretty clear if you notice I did not see anyone come out and try and argue that was well no no because the play by play the guy doing the gain on the may on fox or whatever station was on said not reviewable she came right out and argue it if they think it's power somebody's gonna start I can argue whether trivial or not no I called. I can't remember they have also outfield umpires the manager could come out to the first base umpire and say Hey check with the guy down the right field line and what he thinks apparently it must've been pretty pretty obvious yeah I I and and I call Dave cooking as well who is in authority in baseball and Dave said from what he thought is to where if the call is made to where the ball bounced prior to the bag and it's a judgment call then you know that's pretty much where we stand at a I guess it's basically an Adam Pires hands. good bait yeah so we'll find out make sense okay all right your take on sports extra credit makes sense doesn't mean that is true just make sense yeah there you go the logical approach India's goes website by the way the logical approach dot com at big sandy seven eleven the American League playoffs get underway tomorrow your take on these two games Minnesota throws Berrios against Paxton for the Yankees right now the Yankees with Paxton minus one eighty eight and a half the total down from nine and a half which was shaded to the under anyway now it's eight now have shaded to the over where is India's go going yeah. nine out I saw a solid mass at the open so maybe that was a projected alignment of certainly the eight nav even nine am seems a little bit low considering the home run power on both of these teams and the fact that you don't have any outstanding starting pitching on either side my thought going into the Yankees to have the edge in the bullpen in the later friendly to friends of the game my thought coming into the series of I'm gonna play Minnesota I might make a nice case for Minnesota in the first five innings with the playing field is a lot more level before you get to the of the bull pen I'm just taking a look tomorrow at the first five innings as a reasonable number the the total is for now and as with all the the Yankees are favored roughly about eighty five to a dollar nine Ezekiel plus one sixty five one seven in that range on Minnesota and I'm like to make some plays on Minnesota for the first five minutes because I think that that's we're not gonna say they have the advantage but they have significantly less of a disadvantage than they do in like saying seventy nine Minnesota have any chance to win that series in your eyes. yeah yeah I would I would say they have a chance but I wouldn't think it's very I mean the odds kind of reflect that although looking really feeling that the series prices here but yeah they are not the largest favorite Houston is a larger favored over Tampa Bay then the Yankees are over Minnesota and yet because of the composition of the two rosters and the.
How Rare Are All-Black Chickens?
"It's not often that you look at an animal and think I bet all the goth kids wish they had a chicken like that meet the IM to money the Peter Murphy or Robert Smith Smith or Lydia dates or darth vader chickens. Pick your pop culture reference. All visible parts of this chickens exterior feathers beak tongue comb and talents are black back and it would seem as if darkness should end there but not so it's inky exterior is just a teaser darkness within it turns out the bones organs begins and muscles of the IMG are all black as well which in addition to their rarity explains why these birds are so popular amongst chicken aficionados. They're also dubbed the Lamborghini of poultry because the going price for these guys can range between two hundred dollars for a single egg layer hen and five thousand dollars for a full grown mating pair her native to the Indonesian island of Java. Im Toumani has been used in rituals and kept status pets by the elite for centuries. They were thought thought to have black enchanted blood. The lift curses or heal ailments strangely enough. The blood is one of the only obviously normally pigmented things about these birds aside from there cream colored eggs but when you look at an im money the superstitions around. It's being magical seemed completely rational because this chicken is gorgeous gorgeous in the sunlight. Their plumage matt black like a charcoal briquet. It's cured dozens like a Hubble telescope rendering of Nebula in deep space like looking into the most hypnotic not all covered pedal in the mall parking lot. These chickens are complete knockouts but why what could possibly cause a chicken's flesh and bones to appear to have been pickled in India ink it turns out I am to money is the world's most extreme example of a condition called dermal hyper pigmentation or fiber melanomas three other chicken varieties have this condition to varying degrees the silky Bam tim the Vietnamese Kung and the Swedish sport Kuna and I couldn't find pronunciations on those last two. I hope I didn't butcher them too. Terribly research published in two thousand eleven revealed this genetic condition causes strange behavior in chicken in embryos precursors to Melanin sites which are the cells that produce the pigment Melanin pigment that gives our human hair eyes and skin dark color usually the precursors to Mona sites in chicken embryos wind up in just the skin and eyes of the developing birds but in chickens with fiber melanomas those precursors travel throughout all the tissues of the embryo and what's more they don't shut down the usual stage instead they continue to multiply by creating way more Melania sites than usual which leads to the hyperinflation that we see in these birds once they hatch strangely enough scientists believed the mutation that leads to fiber melanomas and chickens is so unusual that it most likely happened only once in a single bird that lived thousands of years ago. No one knows how gene transfer I the globe from one jet black bird but Marco Polo wrote in twelve ninety eight about black boned chickens while he was traveling in Asia so the gene probably made its way around the world via trade routes interestingly even though the flesh I am. Toumani looks strange. It reportedly tastes just like chicken.
G. Willow Wilson Creator of Kamala Khan
"This episode g willow Wilson, she's a comic book author, and she wrote the first marvel comic with a young Muslim woman as the hero, Kamla, Han aka MS marvel. So when I was in high school, I was kind of a giant Goth. I was the kind of insufferable kid who, who would say that they were not actually cost the Gosper, too pretentious, and that I was above that of. But Nevertheless, I wore the really dark lipstick and like the fish nuts, and the pseudo Victorian jackets, that you could find like buffalo exchange. Yeah. I mean, if you looked up Goss in the dictionary, you would have found a photo of me somewhere. Fortunately, for me around the same time, sort of the late eighties early nineties, this British wave of very literary experimental comics started coming out. And I ran Pedley became obsessed, and one of my absolute favorite series, as was the case for a lot of people was Sandman by Neil Gaiman. Which took a World War, Two era, kind of be list, super hero and turned him into this mythological dream king who goes on adventures with all kinds of different, mythical creatures and kind of deconstructs, western mythology from a really interesting point of view. So, you know, for me as like a fourteen year old fifteen year old mega Goth this was huge and revelatory. Not just the story itself, but the medium of comics. Sandman told a kind of story in comic book form that I didn't really know was possible. It was kind of my first exposure to these more literary more adult kinds of comics, when I was a kid comics were still considered very much a kids, medium, and particularly a boys medium. There were not things that were marketed at girls. There were very few books out there that were adjacent to the superhero world that were marketed to adults so to see a comic book that was very clear and open in its love for that classics Hooper hero story. And yet, at the same time talked about Shakespeare and Chaucer and you know, brought in a very Joseph Cambell kind of U of mythology. Just expanded my understanding of what could be done within the pages of a comic book. I want to take a quick break to tell you about another podcast. I worked on it's called the big one your survival guide. We walk you through what it would be, like, if a major earthquake hit Los Angeles, and we help you understand what you need to know, to survive science and journalism, and immerses you and the experience of being in a huge earthquake. Don't be scared. We help you prepare. You can find it today wherever you listen to this show. Okay. Back to tell them. I am. So as I remember, the first time I found Neil, Gaiman Sandman, I was at the apartment of a friend. Who is I think about two years older than me and had graduated. And they were already living on their own. And so we're, we're very kind of cool and grown up in my eyes. You know, the, the people who live, there had also been giant Goths. So there were clove cigarettes, which were still legal at the time sitting around, and, ashtrays, and that's kind of always what it smelled, like, which I like the smell of. But it had that kind of late nineties, Goth aesthetic, every all the windows were kind of draped in, like, JoAnn fabric in sort of dark colors. It was it was just that kind of place. This apartment had a collective library of all kinds of great stuff, and they were all reading Sandman, and they had they'd just sort of made a rule, you can read whatever you want, but don't take anything out of the apartment. But because their library was so big. I was like, nobody will notice if I just kind of sneaked these back issues out and read them on my own, so I did. And. It was one of those reading experiences that, that kind of sticks out in your mind as being something for which there is a before. And an after he read this book. It made me feel a lot less grubby as a Goth it, oh, it was a very unabashedly Goth comic. And it was kind of cool to see something with such a huge cultural impact that was kind of headlined by this very Goth guy with white makeup, an extremely scruffy kind of Robert Smith, secure hair, and it was kind of a nice affirmation that you could do the stuff. And it you'd be kind of like a mopey teenager. And yet have cool stories that meant something, and that we're all to uplifting, and we're about hope. So, you know, it was in, in that sense. Nice to see Goths doing some kind of artistic service for, for the whiter were. The kind of storyteller that he was was very influential, and then as I got a little bit older. And I I saw him a couple of times back. This is back when he used to tour. I was also very impressed with the way that he approached writing and being a writer and it being a human being. There was one instance, in which I saw him along with a bunch of other really amazing comic book writers, including, I think Peter David, at MIT just a few days, not more than a week after nine eleven. Nine eleven happened just a couple of weeks after my nineteenth birthday at the beginning of my junior year of college. And he you know, I was I was very much a college student, I was kind of going through a late adolescent. What does it all mean phase, I become interested in, in religion and started to sort of rethink what I assumed about life, and purpose and are, are sort of our place in the universe. And like everybody, I think it was it was a tremendous shock. I think particularly people of my vintage kind of elderly millennials or Xeni, all's had never known a time when the US felt really threatened. The Cold War was kind of over, there was a sense that we were separate from the rest of the world or that nothing could ever interrupt. That period of prosperity into which we had been born and so nine eleven just massively shook the foundations of our generational experience and especially being in Boston at Boston University, the feeling of ongoing threat and vulnerability was quite high. Two of the planes had taken off from Logan airport. There are all kinds of rumors circulating that, there were still a terrorist cells in the city. And so it really did feel like a war zone in many ways, and it occurred to me, just sort of walking to class that this is the reality that so much of the rest of the world faces every single day. And somehow we have managed to avoid it for this long. And now here we are just like the rest of the world. as we did for a lot of things during those weeks after nine eleven we kind of hung around to see if this event was actually going to happen because a lot of them were cancelled. And it was clear that, yes, it was going to happen. It was still going on. So we, you know, we decided okay, well, we're not we're not going to give up this, this chance to see all of these amazing authors and artists on stage at the same time. And we decided yeah, we're going to go. We're going to we're going to do it, despite the sort of aura of anxiety and dread. That was kind of hanging over everything. What was interesting to me is the Neil Gaiman was the only one in his kind of opening words who never mentioned nine eleven once everybody on stage when they got up to talk that was what they talked about. It was it was about superheroes in nine eleven. You know, I think one of the people on stage envisioned this world in which wolverine was on the plane with the terrorists, and sort of got up and, and hit them with his finger spikes. And it kind of rubbed me the wrong way because I remember thinking, you know, this is not the time to pretend that are fictional heroes are gonna do us any kind of good. It's too real. It's a nice thought that yes. If we had these amazing heroes who were always in the right place at the right time that they would have saved us, but they didn't. And Neil Gaiman got up and never mentioned nine eleven once he just sort of told a story, I don't even remember what it was that he talked about. But by the end of it for about thirty seconds. We all forgot and in a weird way, I think that prepared us to have them were serious conversation versus the. Yeah. Wolverine would I've got him if you'd have been there, which, which just felt very tried to me. The reason that that stood out to me was because it illustrated, very neatly that for a storyteller in a time of great national tragedy upheaval. The way forward is not always the way through that sometimes we assume we're in a position to attack things head on. And yes, we're gonna fight, whatever it is or or get through whatever it is. And it's, it's very easy to blur the line at that point between storytelling and, and just sort of shallow saber rattling. But what he said at that time illustrated to me that it was possible to speak in a deeper key and not to pretend that you have the answers that you need all the answers. You know, everybody was was in an incredibly tense somber. Reflective mood, and it I think brought a lot of us especially who are about my age. I was eighteen at the time into the realization that we are all mortal that, that, that nothing that we think, is a turtle is eternal, and that the world may be didn't look the way that we had been taught growing up,
Ford Cutting 7,000 Global Jobs As Part Of Restructuring Plan
"The Ford Motor Company announced this morning. It's cutting seven thousand salary jobs worldwide about ten percent of its white collar employees. It's all part of a big multi year restructuring program that CEO, Jim Hackett has embarked upon, you might remember, though, that Ford made it through the financial crisis, without the bankruptcy filings, the GM, and Chrysler had to make in the f one fifty pickup truck has been bestseller and huge profit maker for decades now. But as marketplace's Jack Stewart reports Ford, along with all the other car companies is gearing up. Very more challenging future. The also industry is anticipating some major technological disruption to its business, but as part of planning for that Michelle Krebs had also try to says companies have to keep doing what that doing. I don't make your absolutely cannot take their eyes off the ball of today's business because that is what is creating the funding to finance this future, that we don't know, when it's going to happen that future for Ford, which wants to be a mobility company means getting into all sorts of things from bike sharing programs to self-driving robo taxis uncertainty, though, is always haunts plan for says Stephanie Brindley analyst at IHS market. You're saying it in some of the financial results. You're seeing it in different cost-cutting programs at different automakers for it's not alone in trying to balance this at all companies worry that one day, people may choose not to own a vehicle, and just use a map like Uber or lift, which with tens of billions of dollars robo tank sees could hasten that shift even more GM boats and autonomous startup cruise for a reported Hoffa billion tech companies with deep pockets like Google's parents alphabet have their own self driving. I'm visions Sam Vieira ni. Out consultants auto focus solutions says Ford is investing to, I would say they they're doing very good job of it. They're just not promoting it yet, but they are moving forward and looking forward to the next era in the automotive industry, and all it's really clear about that next era is that it's going to need as much money as possible to competion, even if that means cuts today. I'm Jack shoe for marketplace. Morgan Stanley is today's bearer of ill economic tidings in a report out this morning. The banks analysts said that, if the trade war between the United States and China keeps up and the president's threatened tariff increases on more Chinese imports come to pass a global recession is within the realm of possibility. So the question now it seems is whether President Trump's approach to trade negotiations is working as he intended cleared Williams was still not too long ago. A White House trade policy official miss Williams. Thanks for coming on. Thanks. Thanks for having me. So for those who don't follow trade, perhaps as closely as. Well as you and I do gimme the gimme like the thirty second elevator pitch version of President Trump's trade agenda. Sure. Well, what President Trump is trying to do is get his arms around a set of long-standing unfair trade practices. That's been going around and the global community. I think the, the most prominent example of that is what's happening with China. Obviously, he's expressed concerns with, you know, the NAFTA agreement with elements of the World Trade Organization. And I think in general with sort of a lack of equitable treatment when it comes to tariffs around the world, do you think, though that the president's tariff policies are the way to get done what he wants it seems that it's very spur of the moment, shall we say now? Well, I actually think since the president has been in office, what he has tried to do is to take tariff action in many cases as a means of leverage, you know, not all tariffs are created equal, as they say. So I mean I could go through. One by one in China. It's really a means to an end fair enough. And, and look, it's only a half hour program. I appreciate you. You know go through the harmonized tariff schedule. But let me ask you a more fundamental question, and it's going to sound like I'm poking the president in the eye, and I'm really not do you think he understands the way tariff works, because if you look at his public pronouncements his tweets virtually everything he says, about tariffs would seem to indicate he just doesn't understand how they work. It's not the Chinese are paying. It's not that there are billions coming in, in the United States from overseas. It's American consumers who are paying these tariffs and the president discounts that at every turn. I think the tariff question actually is, is somewhat of a complex one. Now, I will be the first to grant you the tariffs do have somewhat of a negative impact on the US Konami and on consumers. They can have an impact on businesses who need to get those, those products from abroad. I mean, I'm not a tariff guy all of that said, you know, who pays the tariff in any particular instance is not as simple as, oh, it's all China or it's all the US consumer. And what we've found is we've analyzed it is that it's really different in, in each instance, I'm sure I don't need to say for the academic research that shows in the section to thirty two and three hundred tariff cases that the president has imposed on the Chinese. It is literally American consumers who were paying sometimes inaccessable one hundred percent of the tariffs and more to the point though. With all respect, you didn't answer the question, does the president understand how tariffs work, I think that he does. And again, I, I, I would paint the three one in the two thirty two with, with different brush. I think when the administration put in place, three thrill one Tara. Chiefs. They were expressly designed to pick products that the US could source from other places and you actually do see some of that happening on steel. I, I would grant you that different situation. And I think that the steel tariffs were more controversial within the administration itself for that reason. I'm not sure exactly when you left the administration must Wilms but, but the last you heard from folks inside the White House. What is your sense of the president's sense of urgency on fixing and, and getting to a deal with the Chinese, and, and does it carry into the twenty twenty campaign cycle farther? I left the White House about a month ago. April nineteenth with my was my last day. I went and actually got to see the president a couple of weeks after that, I think that with respect to China that the president is willing to keep at the current strategy as long as it takes to ensure that China starts playing by the rules. I think if you look what you're hearing from the hill, you see Democrats and Republicans alike, all saying, stay tough on China, make sure you get structural reforms in China where you're getting feedback are things on steel and aluminum and saying, we need to work with the allies more. So, look, I hear ya on what he is hearing from the hill. And from people inside the boat way writ, large, but every single farmer we talked to and virtually every single small business person with truly just one or two exceptions in the last year and a half has said these tariffs are killing us. Right. No. There's no question that there is going to be some pressure from the business community. I've been surprised actually that, that the, the business community for the most part has stayed firm with the president and said, you need to, you need to be tough on China because they're hurting my business. A lot of the pain that the agriculture community has been feeling in the past has been on the retaliation, the restrictions trying to deal with that. But if we can get the commitments from China, and the market access from China, it's going to be a much better situation. Clear Williams, former deputy director for international policy, the National Economic Council, the White House on his way through job in the private sector Williams, thanks very much for your time. I appreciate it, sir. It's my pleasure.
Billionaire Robert F. Smith pledges to pay Morehouse College grads' student loans
"The graduating class at Morehouse college is still trying to wrap its heads around what they heard at commencement yesterday billionaire, Robert Smith promised the entire class of twenty nine thousand nine, he would pay their student loans, definitely Tim foam because it's such a blessing. And I'm really excited to see where I can go now because all different Evans, or open. Now, Charles Relaford is one of the three hundred ninety six newly minted grads at the historically black college who is graduating debt
"robert smith" Discussed on News 96.5 WDBO
"Millionaire Robert Smith making that promise today to graduates at Morehouse college in Atlanta debt is a real issue in this country, especially at historically black colleges, according to a Wall Street Journal analysis alumni from these schools have immediate federal loan debt of about twenty nine thousand dollars. Thirty two percent more than graduates from other four year schools, e Stephanie Ramos for the first time a Republican lawmakers saying that President Trump's actions have reached the threshold for impeachment. Congressman Justin Amash of Michigan. The only Republican member of congress to state publicly, the President Trump's actions have met the threshold for impeachment does not count as bipartisan support says democratic house intelligence committee chair Adam Schiff on CBS face the nation, what may be pushing us in the direction of impeachment in any event has less to do just than a mosh and more to do with the fact that the administration is engaging in a maximum obstructionism campaign. Trump tweets that Ammash is a total lightweight and a loser Chuck's. Iverson. ABC news. The battle over abortion rights may be a defendant of issue in the twenty two in our election, with restrictive bands. Like the one that was passed last week. In Alabama, President Trump tweeting today that he is strongly pro-life, but that he does favor access to the procedure in the cases of rape incest, or in the health of a mother, if pregnancy with threaten her health, the White House says president cold rooks, KEPCO this evening to congratulate him on winning the PGA championship. You're listening to ABC news. Have you ever thought about saying goodbye to your job just walking into your boss, and saying, I quit?.
Robert Smith School, Robert F Smith And Morehouse College discussed on Up Front with Chris Citorik
"It may be hard to top this graduation gift. A billionaires paying off the student loans of an entire college graduating class, Robert F Smith, set the bar high this year when it comes to graduation gifts, the billionaire said in his commencement address, Morehouse college, he and his family would pay off the class of twenty nineteen student loan hundred ninety six individuals will have their debt, wiped out. Thanks to Robert Smith school. President David Tom is on hearing, the news burden
"robert smith" Discussed on The Dan Patrick Show
"Megabucks to score homes in Chicago's historic neighborhoods have fixed and flip at the risk of losing it all despite his Romo structural damage permit delays and failed inspections. She's a term to create a gorgeous home against. Aw. Robert Smith coming up here in just a second last him the same thing about the college football player. He was a beast in college. If you involve back in his day, I do because he was smacking of Michigan as growing throwing up in our Michigan. I remember him but the same conversation with him. It'll be interesting that you out of a lot of points of how bowl games. No one's really watching them like they use. So I remember this week between I'm not really working. I'm on vacation or I'm at work. But it feels like vacation because I'm not really doing work. This was an exciting time. Right. You watch all these ball games. Now. I just feel like you've cherry pick one or two. You know? Hey, I watched that one. And maybe that when he has they have a star quarterback. I watched that one. And it used to be where you'd watch everyone. I mean, obviously growing up in the Michigan area unbiased to you watch the motor city bowl. And it'd be these two teams I don't really care about. But you'd watch all these bowl games just because it was football, and it was weak. And it was the last one and a half when it comes to college football. And we have a couple more weeks of the NFL. And now man I don't hear I don't, you know, I'll walk into the barber shop or when you're hanging out with friends. I wanna. Really talks about most of them. Obviously not at the buzz has kind of waned on the regular bowl games. And so if you want to ignite the buzz reignite the bus, you have to the way to to make these Marquis games matter in the way that you could make matters by expanding the playoff. Putting more meaningful games on display. I think you'll get better interest from the fans and from the participants. All right. Let's ask Robert Smith about that two-time Pro Bowl running back and FOX college football analysts Robert Smith joins the show again. Dan, Patrick in the danettes are out. So you got Bucky Brooks myself in Washington. Robert man, we're talking about these bowl games. Nick, save and says, hey, leave it at four I didn't even really want for could've left in it too. If you ask me, but a lot of people screaming for eight what say you, brother. Oh, man. Well, you know, I kinda like four to tell you the truth. Just because you know, there's a team that there are teams that are going to be on the outside. And I think you take away from the urgency of the regular season at the end of the year. I mean, you think about. Alabama and Georgia. I mean who really cares who wins that game? If there's an eighteen playoff because you'd know that both of those teams are going to be in their their teams that can lose at the end of the regular season like Miami Dade your ago. It really didn't matter because it got into the ACC championship whitebait. Did you know it things like that? Just don't matter. That's that's kind of what happens when you expand beyond it. But you know, looking at this season in particular, even though you would lose the urgency. I seem like it. It seems like there has to be a way to get an eighteen points. I know I'm I'm kind of arguing both sides. But man, it's just it seems like there should be a team playoff. I just I'm just concerned though that we lose a little bit of of the special nature of the greatest regular season. And in any sport that has the urgency because of the limited number of playoffs. But you know, Robert, did you think you could increase the urgency if you made it where the league champions in the power five conferences received automatic bids. And then you had three large bursts. So you could encourage teams to play a tough nonleague schedule while knowing that if I win my league, I still have an opportunity to qualify for the playoffs. Yeah. I mean, you could you could save..
VIDEO: The Price Of Coke Stayed The Same For 70 Years Why?
"Support for NPR and the following message. Come from Microsoft technology is accelerating faster than ever and things that once felt far off are making a real impact in our lives today. See how AI is empowering business innovators at Microsoft dot com slash AI. Hey, planet money listeners, you are about to become planet money viewers because this right here. This is a video this is the last one of the season, and it features Robert Smith as the founder of Coca Cola and Nick fountain as a southern lawyer. Enjoy Coca Cola Chris refreshing and just to be clear, not an NPR corporate sponsor, we swear they didn't pay us. It's also bizarre economics aberration. From eighteen eighty six to the nineteen fifties through continued industrialization several wars involving the US end prohibition. A Coca Cola cost five cents. And frankly that is really weird ask any economics expert, and they'll tell you price usually change over time. So how did coke keep their price the same for so long? Well, it has to do with two lawyers from Chattanooga in eighteen ninety nine those lawyers pay visit to the president of Coca-Cola a guy named Aset Kanter, and they tell him we're interested in this new thing selling drinks in bottles. They wanna buy the bottling race. The way the story goes is candler just said, you're out of your mind. It's not gonna work coke is a soda fountain business, and they said, well, look, you know, give us the rights anyway. And so he said, yeah. Okay. I'll sell you the syrup at a ninety cents a gallon in agreeing to do that candler did something that companies never do. He agreed to sell his product the Sierra to bottlers for a fixed price forever. The contract had no end date. Now, this was about to be a problem for the Coca Cola company because now any increase in price down at the corner store that doesn't help them the profit goes to the bottlers and the retailers in fact, if they raise the price it hurts cope if Coco's up to a dime. Fewer people are going to buy coke. And coke sales lesser. So if you're Coca Cola you want somehow to keep the price down at five cents. What do you do? Well, one thing you do is you blanket the entire country with ads for five cent coke. This was like so clutch. Coca Cola is taking control of pricing away from the bottlers in the corner stores and anyone selling a bottle of coke for more than five cents was just gonna look like a jerk. Coca Cola was finally able to renegotiate their contract with the bottlers in nineteen twenty one and they might have changed the price then, but they couldn't they were trapped. Coca Cola said early on a coke costs a nickel. It put it on billboards and ads and painted on buildings and people got used to it. It felt like a promise in a way. All prices kind of feel like a promise. Once we see a price on something. We have this feeling that it's some innate property of the thing that it shouldn't change. And so the ads that coke had run. So prominently ended up trapping them. The thing that finally undid the nickel coke was inflation. The price of ingredients started to go up, but to this day, people feel very strongly about a fixed price for coke back in one thousand nine hundred nine they CEO suggested charging more for vending machine coke on hot days and was met with widespread outrage, whether it's a nickel or a dollar people in a way of getting used to their prices. This is going to be the last of our videos in the feed for a little while. So if you've been following along let us know what you think of them on Twitter or Instagram or Facebook, where at planet money all over the place. Thanks for watching.
Benches clear after Jose Urena hits Ronald Acuna
"Days in Detroit the. Funeral will take place at the greater grace temple endorsed west Detroit the information leaking out the funeral will be private for close family. And friends a date has not yet been. Announced a public viewing will be held at the Charles right museum that will go for two days a big musical tribute. Is also being planned a lot of reminiscence going on at new Bethel Baptist
Prayer Vigil Held at Detroit Church for Aretha Franklin
"ETA. Detroit church this morning prayer service is being held for the ailing Queen of soul Aretha Franklin The new Bethel Baptist church in Detroit routinely has an early morning prayer, service but this morning. Prisoners, like Mary Boone are asking for a, miracle for the Queen of soul Aretha Franklin spraying time now, if you love her is praying time so it's. Time to come out and shout about Franklin's pastor Robert, Smith junior has a message for Aretha Franklin
You've heard of the oil cartel or the drug cartel but what about the poop cartel?
"Obsessions. Mine is cartels. I will admit it. I am fascinated by cartels when businesses get together and decide not to compete, decide that they are too powerful and too special for the law of supply and demand like OPEC does for oil. And what I love about cartels is that they are set up because of greed. I mean, who wouldn't love to charge more for your product, but then someone always gets too greedy and starts to cheat. They stab each other in the back Femi. Those thinking about this, the life and death of cartels. When I heard a story from my friend Jeff placentas he worked for this group called innovations for poverty action. You could call it nerds without borders, nerds, without borders. It's a nonprofit that helps get economists to help out with problems in poor countries. And Jeff was telling me about this one particular cartel that his group had encountered in Senegal. The poop cartel yet, who is this poop cartel that you speak of? So you've seen in the way porta-pottys get serviced here. When you're porta potty is full, you've probably seen the trucks that come by with a tanker truck with the big homes and they suck it out and clean it. And it's the same thing in Senegal. Like households have a latrine pit. That's, you know, kind of like a big port, a potty and gets full. You need to get it cleaned out, but it looked like these trucks were perhaps fixing their prices. They looked like they were crisis were permanently high instead of maybe a competitive market that you'd expect to see. And obviously that put it out of the reach of a lot of people who needed it move over OPEC because there's price-fixing and Senegalese poop. Innovations for poverty action sent a rag tag team of economists to Senegal each with their own skills each with a single mission. Could you create a more efficient market by turning the poop, cartel truckers against each other. Ah, poop war. This this I had to see.
Why don't we get to vote on raising taxes?
"Douglas bruce loves the constitution of the united states of america in fact it carries a little pocket version of it everywhere signed by clarence thomas finds a way to work the constitution into just about every conversation the constitution says an article eight and article six quoted verbatim and that's guaranteed in article one constitutional right he did this the first time i met him and he even got choked up talking about the founding fathers and the part of the constitution bruce loves the most is the bill of rights that's the section about freedom of speech religion right to a speedy trial and bruce likes it because to him it is the original limit on government it even begins with the words congress show make no law lives in colorado springs he's a former lawyer and he owns a bunch of real estate and he starts thinking hard about the bill of rights the drafters of the constitution we're pretty smart guys but there is at least one limit on government that they didn't put in there they forgot to limit the right of government to levy taxes on us on the people you can say you're free if the government can take away everything you have without your permission douglas bruce decided he was going to fix this little oversight he wrote up a sequel to the constitution he called it the taxpayers bill of rights it's taber for short and it said just like the people have a freedom of assembly right to a trial by jury they should have a right to vote on their own taxes every time a government raises your taxes they should have to ask your permission first it was radical it's an incredibly difficult to pull off concept and then the state of colorado actually passed it hello and welcome to planet money i'm robert smith and i'm rachel esther brek from colorado public radio rachel at her co reporters at cpr then you'll minor and ben marcus have just finished a podcast series called the tax map it's about how a man who held no political office just an obsessed outsider ended up changing the very relationship between the citizens of a state and their government today the show what happens when you take away the politicians main power the power to raise taxes it ended up putting colorado on the brink of disaster and douglas bruce it cost him his reputation and eventually his freedom i'm very sooner or later they're gonna figure that way and he was right
"robert smith" Discussed on WCHS
"Drilled robert smith junior came saturday and wayne county a contractor out of cincinnati ohio is being brought in to salvage the gate city the sunken tug boat that's put oil into the big sandy river near butler so far us coast guard officials say about eight hundred gallons of oil have been recovered part of work that continue through the weekend the intake for the canova water system which sits downstream reopened saturday following testing of oil potter advisory remains in effect wore canova today new commissioner of all these day division of correction says she has a passion for her work i like correction who work and i'd like the um aspect of reentry reducing resented them you know you can do that inside institutions and outside in the community there's a lot that can be done and this was just an exciting opportunity to do nothing but that and focused on it that suggest in the federal former federal prosecutor for more than forty years moved in her new role earlier this month the police chief in weston tells metronews affiliate w aj are fm his department is seeing success in reducing violent crimes in that us count lewis county city wire in a couple borrowing crimes we have add they were there were gun crimes partnered with the folks with igf an out of you know hopefully we send a very clear message did you know that those will not be tolerated those you know in all those people involved were prosecuted both state and federal chief josh thomas now that safe home dot org has named weston the safest city in west virginia based on violent crime and property crime figures executive director of the state public employees insurance agency says it is important to have accurate information with a number of changes approved.
"robert smith" Discussed on Planet Money
"And a bigger understanding of what that is the hello and welcome the planet money i am robert smith today on the show we are going back in time to tell the history of there are some alexander hamilton of course a story about how congress created the scariest stupidest way to manage our debt and that one top the single time our country had a resolution to pay off polled its death and succeed but wednesday's episode originated in two thousand eleven i reported without gin support for this podcast in the following message come from fresh books if you're an entrepreneur who's not on top of your business financials fresh books can help fresh books is there ridiculously easy cloud accounting software made specifically for small business owners who needs to find a better way to deal with their paperwork fresh books can even show you whether or not a clients has looked at the invoice you've mailed for a thirty day unrestricted free trial go to fresh books dot com slash planet money and answer planet money in the how did you hear about us section first up really basic question what exactly is the national debt it's key did not think of it is one thing because it's actually a bunch of promises its millions and millions of specific promises that the government has made two specific people the government spends more than it takes in just but every year that is called a deficit a yearly deficit and the government borrows the difference from each other.
"robert smith" Discussed on KQED Radio
"And that way if a stranger named robert smith walks into my store i would just pull out the cells book woah yeah look right here robert smith plumber eleven a to love at avenue b a always been calf was pantheon robert smith motto that true that's no no the one thing that struck us when we looked at this little pamphlet is you could almost feel the cells trying to be as careful as humanly possible to give the minimum amount of information they're not judging people do not slandering under just put down the name the job in a simple little rate it was almost as if the cells knew that if they were going to create an industry where people's information was the product that maybe like just maybe you should be careful with that information we should noted says confidential under yeah which means sitting here reading these names in these ratings this is the equivalent of an 1874 effects hack we're happy eighteenth of these of the brooklyn and leaking everybody's credited the cells idea was a huge success it was obviously good for retailers who could lend more credit and sell more staff and it was also good for people who wanted to buy things people like my d'appel gang or from the 1800s bob smith the plumber he could get credit almost anywhere because it said in a little book look that he always paid his debts and frankly he could probably get a discount on the things he bought because he was not a risk these credit reports were such a big success that over the next century thousands of credit bureaus were established all over the country and like any competitive marketplace these bureaux tried to have the best product which in this case means that there was market pressure for more and more information yeah the cells brothers just give you a letter grade but imagine some other credit agency says well you know we have a bunch of personal information about roberts but the plumber don't you wanna buy our book instead and so allow a lot of information ended up in people's credit files marital status marital status married men were married men were considered less risky heated remain upstanding and pay their debts do i wanna know medical condition if you could knows something about that if.
"robert smith" Discussed on WIBC 93.1FM
"Gino the danish show robert smith is a genius this is one of my favorite songs ever an inc robert smith and the cure peter murphy and the call my top three attack three just perfect perfect song for a perfect day oleg this it's the obviously the friday before memorial day weekend i don't tell people happy memorial day i'm that's awful the say i don't say heavy memorial day because it's not happy about it you know it's like the that's when you're remembering those who have sacrificed is to me i've always in my family anyway it was always very solemn that's win in southern missouri that's when you go and get on and a lot of the flyover status and they go to the graveyard than they go and laid wreaths on the the gravesites of their dads their brothers cousins their friends who served in past are those who go to the military cemeteries national cemeteries and go and larry ellison it's it's for that people barbecue and all that stuff but it's it's not it's not like fourth of july you know what i mean it's different it marked summer but i dunno know my is always look at it like a solemn kinda thing it's not something i don't know is it and i i just i feel like in some cases they've gotten away from that but then when i look and i see all of the i look and i see what's going on in manchester and i look and see what's going on elsewhere and i hear stories about uh you know seals that are involved in in in combat against isis another tara factions in the middle east and and i look at this and i think you know that's it should be something that we acknowledge every day but you know if we're going to have a day for at that's you know obviously that would be those individuals would be the people for whom you would have a day like that and so i don't know what everybody's memorial day.