17 Burst results for "Sam Sei"

"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

07:15 min | Last week

"sam sei" Discussed on The Indicator from Planet Money

"This message comes from. Npr sponsor microsoft teams helping priority. Bicycles transformed the way they work. When the pandemic hit they started doing virtual visits on teams now people worldwide can come into their showroom more at microsoft dot com slash teams. This message comes from. Npr sponsor borough a new kind of furniture company whose goal is to rid furniture shopping of all the frustration at used. To 'cause that's why every borough order ships free get seventy five dollars off at borough dot com slash npr. Okay sally so dark patterns. This sounds very menacing and of course these patterns can be incredibly expensive and destructive for consumers but some of the most effective ones they can begin with these tiny little traps and we were talking about the smallest of the small print on the internet. Take what happened to la stapleton. L'etoile lives in dallas texas. she's a realtor. she's forty-three and last summer. She was innocently shopping. Online looking to purchase new mattresses so mattresses of course can be super expensive often like a thousand dollars or more so literally was looking for a place that offered some financing so she could pay the mattress off over time and she came across an ad from this company called american i finance agata at displayed state in debt they had multiple locations and easy payment plans so first finance is a website where you go to get credit. It doesn't sell mattresses but you go there to arrange for a loon in case you wanna buy something. So latorre got herself approved for a loan and the website lists stores where you can use the loan. Latorre founded mattress. She wanted a pillow top queen size and it was supposed to be available at this one store about thirty minutes away from her but actually go into the store to purchase the mattress. Was something totally different. What happens next can only be described as a descent sally into tail dark pattern. Hell they say oh. You're not approved for this store your appro- for another store. The guy at the store. It tells the toyota she has to reapply for loan for this specific location. He's going to have to call his supervisor. He has to run her credit check again and the whole process takes hours and also the mattress which is supposed to be available at. The store is not and at this point latoya. She has paid a three hundred dollar deposit and she's starting to get suspicious. She's like you know what. I want to cancel to sale. But the guy tells her that is not possible. Refunds are not in terms and conditions of the agreement that you signed but the dark pattern the trap that latoya got snared into a really common one almost any of us who shop online encounter it a lot and so you went to the website for american. I finance to check out this particular dark pattern. it's true. I did and in fact. I brought a lawyer with me fats. A very good idea. And what happens if you scroll down to the bottom of the screen. Is there anything down there. Leaders of its is professor at the university of chicago. He teaches law technology and consumer contracts and we went to american verse website and there is this blue button in the middle of the page. It says get thirty. Five hundred dollars to shop anywhere and next to that is e teeny tiny star so stars like that Are dark patterns. It's like a footnote to the small stuff that like almost nobody ever reads in this case. If you scroll all the way down and read the small print you will find this one line that says quote product is offered only to residents in the states where permitted by law and quote so like. What does that even mean. I don't know. I mean that's why i brought a lawyer. Good call for ships. Good call. I mean like all of these things. It is difficult to tell lee. Your says here is what the retailers playbook is. Let's take the aspect of this deal that might not be great for consumers and let's make them smaller. Let's push them down to the bottom of the page and let's put them in a you know light blue. Find against a dark blue background to where you really have to. Squint looking at the screen in order to even notice them. There is a long list of dark patterns or walk me through a couple of them. He says not all of them work on all of us which is why there are so many strategies like one with a very fabulous name of roach. Motel is very easy to get into but very hard to get out of so this one is a classic it is when you sign up for what you think is just like one month subscription. But you don't realize that it automatically renews but then if you want to cancel it you have to click through all these screens. Maybe make a phone call possibly hinder your first born child okay the firstborn child thing that is a little extreme lack can happen in the fine print sally but wait because you have to hear the next strategy lee or mentioned because this one totally blew my mind when you're shopping online for shoes pay. Maybe summer's coming up. You're checking out a pair of sandals but you're unsure. Maybe they look comfortable. Maybe they don't and all of the sudden a message appears only one left in your size the or says there is a chance that number. It has no relationship to the number of shoes left in stock instead. It was created by a random number generator and it caused people who might otherwise. Oh you know. I really liked those shoes. But i'm going to go elsewhere and see if i get a better price to say okay now or never got to go ahead and make that purchase that practice is clearly deceptive and strictly speaking illegal under the federal trade commission act but all these other patterns. The ftc and the courts are now in the process of figuring out. Are these strategies legal. I tried contacting american. I ask them to respond to the idea that their practices are dark patterns. Send emails a called. I did not hear back. well sallied. They might not be ready to listen to an address complaints but the government is if you have something to say thoughts on dark patterns or if you have been a victim of one. The ftc says it wants to hear from you. They are collecting comments. Now i have some comments. We more careful especially when shopping online this episode of the indicator was produced by jamila huxtable and back by sam sei the indicators edited by kate cannon and is a production of npr. I have several pairs of sandals at the ftc. Needs to answer for that. I'm yohe's shaw. I'm kierra mac and cheese where the hosts of the npr podcast. Invisibly you can think of invisibility. Ah kind of like a sonic black light. When you switches on you'll hear surprising and intimate stories stories that help you noticed things in your world that maybe you didn't see before. Listen to the invisibility. Podcast from npr..

kate cannon Five hundred dollars microsoft one month federal trade commission act jamila huxtable three hundred dollar seventy five dollars forty-three latoya Npr L'etoile sam sei last summer thirty la stapleton dallas texas american i finance agata toyota american
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

01:52 min | Last week

"sam sei" Discussed on The Indicator from Planet Money

"That ode to joy. <Speech_Female> Yes exactly <Speech_Female> oh that's <Speech_Music_Female> like done <SpeakerChange> <Speech_Music_Female> took <Speech_Music_Female> <Speech_Music_Female> exactly what you <Speech_Music_Female> saw. Maybe this orchestra <Speech_Music_Female> standing up <Speech_Music_Female> and the whole <Speech_Music_Female> hall just <Speech_Music_Female> rainy. <Music> <Music> <Speech_Music_Female> <SpeakerChange> <Speech_Music_Female> <Speech_Music_Female> So that's <Speech_Music_Female> that's the experience on. <Speech_Music_Female> I'm <SpeakerChange> now craving <Speech_Music_Male> <Speech_Music_Male> <Music> <Music> <Music> <Music> <Music> <SpeakerChange> <Speech_Music_Female> <Speech_Female> julia. <Speech_Female> Says there's data showing <Speech_Female> <Advertisement> that many americans <Speech_Female> are actually <Speech_Female> planning to spend more <Speech_Female> on services <Speech_Female> and experiences this <Speech_Female> year than they did before <Speech_Female> covid <Speech_Female> open table. The <Speech_Female> restaurant reservation <Speech_Female> service reports <Speech_Female> that the number of restaurant. <Speech_Female> Reservations is actually <Speech_Female> above <Speech_Female> where it was before the <Speech_Female> pandemic in states <Speech_Female> like florida and texas <Speech_Female> and it's <Speech_Female> climbing steadily almost <Speech_Female> everywhere <Speech_Female> hotel. Occupancy <Speech_Female> rates are up to sixty <Speech_Female> percent which is <Speech_Female> not far off from normal <Speech_Female> levels. <Speech_Female> Julia says <Speech_Female> people have realized <Speech_Female> how much they <Speech_Female> value <SpeakerChange> things <Speech_Female> like going out to eat <Speech_Female> traveling <Speech_Female> going to theater <Speech_Female> or <Speech_Female> being able to get <Speech_Female> a comb <SpeakerChange> through their hair. <Speech_Female> <Speech_Music_Female> <Speech_Female> All right how's that. <Speech_Female> Oh <Speech_Music_Female> gosh really <Speech_Music_Female> good. <Speech_Music_Female> Yeah <Speech_Female> i was like so <SpeakerChange> long overdue <Speech_Female> <Speech_Female> these evans. <Speech_Female> My stylist <Speech_Female> says she is <Speech_Female> also feeling hopeful <Speech_Female> in the last <Speech_Female> few weeks a lot of newly <Speech_Female> vaccinated regulars <Speech_Female> have made <Speech_Female> long overdue <Speech_Female> visits and <Speech_Female> business. <Speech_Female> Maybe much <Speech_Female> like my hair <Speech_Female> is starting to <Speech_Female> seem like it is <Speech_Music_Female> getting back to <Music> normal again. <Music> <SpeakerChange> <Speech_Music_Female> <Speech_Music_Female> Thanks lisa while <Speech_Music_Female> <Speech_Music_Female> much <Speech_Music_Female> sooner. This fire <Speech_Music_Female> <Advertisement> him. <Speech_Music_Female> <Speech_Music_Female> <Advertisement> This episode of the indicator <Speech_Music_Female> <Advertisement> was produced <Speech_Music_Female> <Advertisement> by britain. Cronin <Speech_Music_Female> <Advertisement> and fact checked by <Speech_Music_Female> <Advertisement> sam sei. <Speech_Music_Female> <Advertisement> The indicator is edited <Speech_Music_Female> <Advertisement> by cake on canon <Speech_Music_Female> and <SpeakerChange> production <Speech_Music_Female> <Advertisement> of npr. <Music> <Advertisement>

"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

07:55 min | Last week

"sam sei" Discussed on The Indicator from Planet Money

"Slash indicator support for this. Npr podcast and the following message. Come from one. Very their newest series secret sauce explores the stories and successes by some of the most inspiring businesses and intrepid entrepreneurs. I up and be listened to secret sauce. Wherever you listen to podcasts. Back in two thousand fifteen things were not looking good for barbie kelly. Goldblum is in enertainment reporter at bloomberg news. And she says part of the problem was that the dog hadn't really evolved since it was first launched in the late nineteen fifties. It was still a blonde doll. His kind of the wight ideal of beauty and that was becoming increasingly a problem. For mattel between two thousand eleven and two thousand fifteen barbies sales dropped by a third and for mattel's kelly. This was a full-on crisis. People say however barbie goes. That's how mattel goes and it looked like barbie was in danger of going bust. Mattel ceo ordered a big sweeping consumer study about barbie and kelly says the responses were not pretty everybody thought barbie was vaccinated and shallow. I mean i think they were partly shocked. Because barbie has so many professions Refused a doctor. And i think they really felt like that was enough to make little girl see it as aspirational and none of the little girls did seem to think it was aspirational. And then there was all the stuff about barbie's body. There were studies that were coming out over saying if barbie was expanded into human size. She wouldn't have enough room for a liver and she wouldn't be able to hold her head up. Those things feel important. Especially if you're going to be a doctor and have all these jobs mattel into full crisis mode barbie. She's too big to fail. This is lisa. Mcknight global head of barbie at mattel. She came on board at barbies. Darkest hour lease a new. That barbie needed an extreme makeover so their sleeves and started examining all things. Barbie giant headed vapid and super white. Though she was barbie was a commercial force worth hundreds of millions of dollars. Any change was risk to the economy doll. And to the entire company of mattel they had to get it right. The stakes were high. And of course we knew we needed diversity in two thousand fifteen lisa and her team introduced a new line of barbie fashion east. Dr wu it's fascinating star. You probably visually the fashion east. Had been almost all white with long straight hair. The new line of two dozen dolls had eight different skin tones and some curly hair options. But they were all still the lean liberalist barbies of your and lisa says that was the next thing they looked at. We needed body diversity. Really when we started to attack her body. If you will but attacking barbie's body was complicated. It meant making changes to everything. In the barbie verse. We had to make sure that our fashions fit every doll. Doll could fit again back into the dream house into our cars so it was really complex. Into doesn't sixteen. Mattel ruled out curvy barbie petite barbie and tall barbie. The new dolls were well received. Sales started to pick up and lisa says her team pushed further. We have a barbie in a wheelchair or if he bid ally go. I mean the fact that the team was able to capture that skin condition in a product is it's really. She's beautiful leases. There are around. One hundred and seventy-five barbie dolls right now. And it's the most diverse doll line in the marketplace. Of course looks. Were only part of the equation. A lot of the problems. That consumers had with barbie had to do with her personality. She was viewed as too perfect unrelatable. We started to break that down. We started to have her become vulnerable. Mattel beefed up barbies. Youtube channel and animated. Barbie now does frequent video posts from her extremely pink bedroom. This is for kids so a lot of the content is entertaining. She might be doing. Diy activities teaching a new dance but she also talks about having a bad day feeling sad. The youtube channel was a hit. Kids and parents liked barbies. Curated real talk. And then the pandemic hit kids were suddenly home from school and parents began desperately buying toys and games and videos to entertain them demand for all things. Barbie went nuts says lisa so we started to advertise and market when a barbies iconic items. The dream house. It's a two hundred dollar. You know suggested retail items. So it's a big gift and it's usually a holiday gift. The dream house took off. And i think we sold a dream house a minute last year. Mattel doubled down on barbies flog. Barbie and over friends went into quarantine. The talked about wearing masks missing their friends and even social issues. Hey everybody hey everyone. This is barbie. And her black friends nikki. In one of the blogs that went viral last year talking about the black lives matter movement and racism. People might think that my life looks fine but the truth is i am so many other black people have to deal with racism all the time. It's really hurtful. And it can be scary and sad. And i wanted to share some stories about that today. Mattel got lots of kudos for this video. It was held up as a model for how to start talking about issues of race with young children. By the end of last year barbies blog had ten million subscribers. And mattel had sold nearly one and a half billion dollars worth of all things barbie and the inclusive barbies were leading the pack. One of the top selling barbies of twenty twenty barbara. Who came with a wheelchair. Another mega hit a maya angelou. Barbie made in honor of history month sold out almost immediately mattel's total makeover had worked. Kids loved the new inclusive barbies and so did parents. Michael pickett father of four year old barbie enthusiast gikia says he has noticed the changes that barbies been making and he's been pretty impressed traditionally though uses this pretty blind. Who did really do anything. You know Nothing construct and had a boyfriend. I'm sorry really new. In so as i begin to see the program. Barbie definitely evolved into a role model. Even offset delay. Okay barbies different. Mattel's plan is to do to barbie. What disney has done with marvel superheroes kind of barbie multi-diverse that will feature dozens of new shows and specials featuring barbie and her little sister and her friends and of course can he has been on his own. Journey of transformation is a bunch of new body types and skin tones. There is now even a ken with the man. This episode of the indicator was produced by jamila huxtable and fact checked by sam sei. The indicator is edited by kate coyne cannon and is a production of npr iowa. I'm kierra the npr podcast invisible. Lia you can think of invisibility. Ah kind of like a sonic black light. When you switch us on you'll hear surprising intimate stories stories. That help you notice things in your world that maybe you didn't see before. Listen to the invisibility. Podcast from npr..

Michael pickett kate coyne cannon lisa two hundred dollar jamila huxtable youtube mattel sam sei Youtube gikia nikki last year Goldblum late nineteen fifties two dozen dolls sixteen Mattel two thousand fifteen two thousand fifteen things npr
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

01:54 min | 2 weeks ago

"sam sei" Discussed on The Indicator from Planet Money

"Titanic won best picture around the same time. Another origin story in the entertainment industry was taking place. Couple of tech industry. Outsiders were setting their sights on the glamorous world of hollywood net flicks may started as a mail order. Dvd service but over the past decade. It has become a juggernaut in the entertainment industry and unlike the traditional studio model which depends on getting real physical butts into real physical theater seats. Netflix streaming competitors can continuously rake in the cash from subscribers all around the world from denver to dundee and they have used that enormous pool of money to hire some of the biggest names and filmmaking and blanket academy voters with campaign advertising and so far seems to be working for the second year in a row. Net netflix's garnered more oscar nominations than any other studio or streaming platform in hollywood like the studios before them they're using the oscars as a way to signal their legitimacy to court high-level talent with the allure of prestigious awards and of course as a star studded gilded advertisement for their films. What do you think. The originators of the academy awards would would make if they were watching. whatever's going to happen this year. They wouldn't like the movies. I think that's a safety. So they'd be really interested. The business i would love to be able to talk to them about okay. How would compete here. What would you do to compete with netflix amazon. Of course louis. B. mayer might have sided with the streaming companies in this fight. Scott i'm in says their strategy to crush the competition under an avalanche of money. That's a page straight out of mayors play was produced by britain. Cronin with help from josh. Newell it was fact. Checked by sam sei and edited by kate. Kincannon indicator is a production of npr..

netflix sam sei Scott second year kate britain josh Netflix amazon dundee this year Titanic denver Net netflix Couple of tech industry hollywood oscar past decade Newell Kincannon
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

02:16 min | 2 weeks ago

"sam sei" Discussed on The Indicator from Planet Money

"User content and develop their own policies and practices for moderation which is to say tech companies can set their own rules about what you can and can't post but if someone posts something about you on facebook that you think is abusive harmful or defamatory. You can't take facebook to court cost. Many other scholars of the internet. Say this decision allowed social media companies and other online sites to grow and grow without worry about the risk getting sued for what people post. Yeah also means that if companies like facebook or youtube wants to get better at patrolling the dangerous stuff on their websites. That's completely up to them. There's no government penalty for being too slow or doing nothing at all. Take the capital insurrection. On january six it was planned and documented on social media. And now we're seeing charges even a guilty plea among the rioters but who's not getting charged. The social media sites facebook twitter parlor because of how cans case interpreted section to thirty so to change the way. The internet works that means changing the underlying law. The case is based on those twenty six words and now in washington. There's a big push to rewrite section to thirty to say for example the internet platforms need to do more to earn this legal shield like by showing that they have proactive systems in place to remove illegal posts. There are a lot of proposals in congress. And it's not clear what will win out but change does inevitable because getting tough on. Big tech is one of the few areas these days where. There's real bipartisan energy. And ken who by the way never found who was behind the trolling. He says he's happy. That affects might be on the way even though for him. It's twenty six years too late. There's no putting the genie back in of what we have now. But this is what we have and it's not working well. Today's episode of the indicator was produced by appears dave blanchard. It was fact. Checked by sam. Sei an edited by goldmark. And if you have suggestions for the show or ideas of what you want the indicator to cover email us at indicator. Npr dot org. The indicator is a production of npr..

youtube january six Today twitter thirty twenty six words washington congress appears facebook twenty six years sam. Sei dave blanchard one ken goldmark Npr dot org
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

06:48 min | 2 weeks ago

"sam sei" Discussed on The Indicator from Planet Money

"Being pretty good at getting what i want. Her strategies were merciless. Like a wolf of mainstream. She's based in memphis and she scoured through the public records for houses that were on the brink of foreclosure. The market was in freefall. Found a house that had recently been bought for one hundred thousand dollars just before thousand downturn. So i was hoping to get it for like half it around fifty yes so. Kate drove the address where this woman answers the door to door. She just said. Oh my god you know. God's must've sent you to me. Because i don't know what to do. This woman told k that she was having some pretty serious problem paying for her mortgage. She lost her job. She was a single parent and so she really just was in a pupil. She didn't know what to do about any of it. This woman still owed her bank. Eighty six thousand dollars so every month. She was scrambling to make mortgage repayments on a house. That was with less than what she owed. And k started rethinking his scheme to buy the house at a fire sale price from somebody disparate atma single parent myself with the daughter. I just couldn't do you know i was just like this. Isn't the right thing to do so. Kate took off her wolf's clothing and instead she put on her real estate agents. Check it out the women's options. She could help her sell her house. Put it on the open market. There was a real chance at the home. Just wouldn't sell it all even a normal times. Many houses just stay on the market without selling it could also sell for less than what the women are but it could be enough to avoid foreclosure. She said let's try it. I don't know what else to do. And if k didn't have experienced she could mess up the sale little mistakes like setting up proper staging for photographs. Not listing and the right magazine or just having a thin network of buyers a lotta agents will get lost. No one teaches them about sales. No one teaches them negotiation. No one teaches them really read their market and an inexperienced real estate agent in situation wouldn't just be missing out on a good commission they would be potentially pushing this woman into foreclosure an auction by the bank which would have really bad consequences for her ability to borrow in the future and she could also still owe the difference between what the bank sold the house for and what she still owed. This kind of situation is at the heart of what economists. sonia gilbert analyzed. She recently put up a working paper on this with co author. Paul goldsmith pink kim. The problem starts with house prices rise. There's a house price. Boom that attracts more real estate agents entered the market. We're seeing this right now. The number of real estate agents has shot up seven percent over the last year and new real estate agents aren't as good as experienced ones. A new real estate agent was ten percentage points less likely to sell a house at all then an experienced real estate agent and this gets really bad during it down to many people who weren't able to sell as a prices dropped. They found themselves under water. And if you're not able to pay your mortgage and you can't sell your house that means that your only option is foreclosure that creates these sort of snowball effects. Sony says the cycle goes like this house prices. Go up attracting a whole bunch of people who joined the industry and become real estate agents the market then foles for whatever reason and then you've got a bunch of newbies. These people who are unable to sell people's houses those houses go into foreclosure and it doesn't even stop there as they're more foreclosures. The house prices keep dropping even more so that exacerbates the cycle in short. The new real estate agents deepen the housing slump. This woman selling her house. She got a lucky break. She got kay thompson she could have gotten a fresh face. Beginner agent knocking at her door because it is incredibly easy to become a real estate agent in the us in some states cost. Requirements can be as low as forty hours total. Sony wandered too many real estate agents. Now could be sowing the seeds for deeper housing decline later if we do have another downturn and all these new agents are already here we might see a repetition of the scenario that we saw play out in two thousand eight and to avoid that scenario from the housing market clips of two thousand eight so he has one potential solution. Make it harder to become a real estate agent. Increase the number of steady hours required or make the fee for a licence higher. And i was going to be honest like as a good economic student. This was kind of a hot idea to warm to the more competition. We have the better right. Yeah that is the whole idea behind a free marquette. And we've heard all these stories about people wanting to become florists and headdresses but having to go through really long and expensive training but sonya says reducing. The number of foreclosures would be a good thing. It would mean that when you're selling your house you'd be more likely to end up with an experienced like kay thompson. Real estate agent in memphis when k was trying to sell the house the one that was almost in foreclosure. She did what she does best. She calculated the cost of repairs. That would be needed. She projected the properties potential rental income and she went through her strong network of possible buyers and pretty soon. She landed on an interested buyer but he just thought this property will be a great long term investment. For me i would be able to rent it out and give someone else the opportunity to live in a great neighborhood and within just seven weeks so that first meeting on the doorstep k. Drove to this woman's house to get the papers signed. And so i brought her a purchase and sale agreement when she that it was what she oh she instantly crowd. I think she hugged me for like ten minutes. It was very surreal and it was. I was overjoyed. Because she was so overjoyed she said. God has answered my prayer. I will be able to move on from this house. And when i leave. I won't have to think about memphis again. That's exactly what she said. This episode of the indicator was produced by sam sei with engineering by gilead moon. It was edited by dave blanchard. The indicator is a production of n. P. r. in stressful times. You wanna spend your time checking out. Not just what's best for. What's best for you. We know you care about what you watch what you read and what you listen to. Npr's pop culture happy hour. Podcast is with you five days a week to make sure that time is well. Spent listen now to the pop culture. Happy hour. Podcast from npr..

dave blanchard sonia gilbert Kate Paul goldsmith one hundred thousand dollars forty hours Eighty six thousand dollars seven percent memphis sam sei two thousand Sony gilead moon ten minutes sonya kay thompson seven weeks first last year single parent
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

05:52 min | 3 weeks ago

"sam sei" Discussed on The Indicator from Planet Money

"This message comes from. Npr sponsor capital one offering capital one. Shopping a downloadable browser extension that searches various sites for. What's in your wallet. More at capital one shopping dotcom this message comes from. Npr sponsor fund rise making investing in private real estate as easy as investing in stocks bonds or mutual funds build a more diversified portfolio today at fund rise f. u. n. d. r. i s. e. dot com slash indicator when you're taking the plane out of storage. The first thing you're going to do is give that plane a once-over a humid environment. I can tell you it's going to smell different date. Bushy ran operations at two major airlines. He was the president of regional carrier and he says when a plane goes into storage workers are gonna litter. It's cabin with bags of desiccated. Think of those packets of silica that are in your seaweed. Snacks capture moisture wants. The plan is aired out. It's time to make sure that nothing is damaged in. Have you had any infestation of anything. Bugs rodents you do not want a mouse or a family of mice. Chilling at your at your wires. Nobody wants them bows chewing up their wires family of mice. There's a lot of prescribe maintenance and the storage facility is going to try to seal up everything including the engines to keep stuff out. You also don't want any bird's nest growing in your plane's engine. I've seen airplanes parked that You know our aviaries canetti respects aviaries. He says well you see parking. A plane is not like parking a car. So you replace fluids of drain fluids seila ball openings and anything that could be hurt by uv. Specially your windows and stuff. You're your mask over and then you're are another thing because you're avionics you're going to start pulling all your computers out where you can because they don't like heat avionics through the plane's electronics so there's a lot of stuff to reverse and storing. A big plane is not cheap. You pay an induction fee of anywhere from twenty thousand to thirty thousand dollars. Then you pay by the month anywhere from five thousand to fifteen thousand dollars and if a plane has been in storage long enough. You're gonna pay for more maintenance than some of this can cost hundreds of thousands of dollars all this gets to the calculus that airlines went through when demand dropped. They were trying really hard to conserve cash. One thing about flying the margins are really thin. You've got to start the meter in every airplane. It's like a taxi so it does have to fly watt to make money. Yeah and it has be full. Davis says more than eighty percent which is why carrier started to panic as kovic spread. Some airlines started flying more free to bring in money. Dave says it's important to remember that storing a plane is not just about storing the actual plane storage also affect staffing. You no longer need pilots and flight crews and maintenance technicians so when you store one you have to think about what will have to happen when you bring that plane back online. You're going to need that staff and a lot of them will require training before they're able to fly again and you you've got your supply chain issues. Airlines have relationships with lots of parts suppliers. They are buying parts regularly. The carrier doesn't want those companies to go out of business while they're playing in storage again. They're going to rely on those companies when their planes are back in service so an airline is often going to continue to order parts even if a planes in storage. They'll stockpiled them. The last year has also given airlines and opportunity to assess what planes they want to keep flying going. Forward storage can lead to retirement of planes. That were maybe old or planes. That burned a lot of fuel in airline lingo. They've decided to divest themselves of some planes and rationalized their fleets today. Those same managers who decided to put some planes in storage are looking at the numbers again and they're trying to figure out what the airline needs again the planning and scheduling guys say. Look our crystal ball tells us that for months from now we're going to need these aircraft back in service either a whole fleet or part of a fleet and they're gonna start bringing them back as if they were receiving deliveries of new aircraft. Not all at once getting plane. Ready to go back into service can take anywhere from a few days to a month if it's been in storage for awhile. What's tough is. it's hard to predict. Just how much demand there's going to be. There's no playbook here who can say how many people are really going to be willing and ready to start cramming into crowded airports and planes traveling to unfamiliar places. Richard evans that aviation consultant says airlines can do a lot of planning on their own but they need help. They need information about when countries are going to allow international travel again. We caught subway. Stop flying a hundred percent of awfully tomorrow. We need to give me give them some guidance by government system when we can stop flying again if you look at planes stored as a barometer confident. They're going to get that information. Richards consultancy keep track of how many planes parked and that number has been cut in half. Since the peak of the pandemic this episode of the indicator was produced by jamila huxtable with help from gilly moon. It was back justify sam. Sei and edited by lancer. The indicator is a production of n. P. r. in stressful times. You wanna spend your time checking out not just what's best for what's best for you know you care about what you watch what you read and what you listen to. Npr's pop culture happy hour. Podcast is with you five days a week to make sure that time is well. Spent listen now to the pop culture. Happy hour. Podcast from npr..

Dave Richard evans five thousand . twenty thousand jamila huxtable last year first tomorrow Davis thirty thousand dollars fifteen thousand dollars more than eighty percent two major airlines today One thing Richards hundreds of thousands of dolla five days a week half
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

07:41 min | 3 weeks ago

"sam sei" Discussed on The Indicator from Planet Money

"Is that time again. That very special tie and only comes eight times a year. The beige book. The beige book is a report published by the federal reserve bank of the united states. Each of the twelve fed banks around the country contributed a chapter and around here. We love the beige book. It is an economic report but instead of numbers. The beige book relies on stories anecdotes. So economists at federal reserve banks all across the country. The dallas sped the san francisco fed. The boston fed. These start calling. Local businesses and companies and asking them. What's up. how're things in your sector of the economy and each of those reports from each of those banks becomes a chapter in the beige book and here the indicator we have a special place in our hearts for the beige book and when it comes out we like to find a particular anecdote or a fact that one of the federal reserve banks bound that we think rises above the rest and present that bank with an award. Welcome to the beigey awards brought to you by the indicator from money. I'm your co host today. Sarah fellas and i'm stacey bannock smith and today sarah you have a very special. Bg award a first right after the break. We present the first ever beigey achievement award for a bank that went above and beyond and is helping to make an even better face. Imagine it. This message comes from. Npr sponsor intuit quickbooks dedicated to helping small businesses be more successful for those working to achieve their own definition of success. Quickbooks smart suite of business tools is designed to help them get their easy and intuitive services. All in one place available for both mobile and desktop devices learn more at quickbooks dot com. Welcome back to a very special edition of the beigey awards. Stacey the beigey. They're always such an exciting time. But this award. This one in particular is extra special. It really is so to explain. Each entry of the beige book from each federal reserve. Bank is broken down into different sections that examine different parts of the economy like agriculture retail manufacturing. These sections. don't really change much but now one bank is doing something different. Yes and this beijing award goes to the federal reserve bank that added to brand new sections to their beige book. Entry sections that we believe will help contribute to our understanding of the economy for generations to come and the beijing goes to rips envelope rips envelope. That is a real envelope being in of our audience from paper to the federal reserve. Bank of minneapolis. Congratulations minneapolis fed. They made too big additions to their beige book. Entry the first is the addition. This is so exciting of a section called worker experience. Economists talk to individual workers to hear what they're going through rather than just talking to businesses and the second is in addition of a section called minority and women owned business enterprise where they reach out to minority and female business owners to ask them what their experiences have been. Jomon is an economist and regional outreach director at the federal reserve bank of minneapolis. I called him to tell him the good news. Well here at the indicator we awarded called the beige is where we award our favorites entry in the beige book It might shock you to learn the sarah but sometimes people that we award abassi to have not actually heard of the award. That is so shocking. It's such an important word. I know it also creates a a little bit of an awkward situation where i have to explain what. The bg is simultaneously awarding. It and you know. Usually i can just own it. I just own the situation. But this time i did not own it. We wanted to award different kind of like a new kind of beige. I guess sort of well. I guess the sort of achieve like overall achievement word to you guys for entering kind of shaking up the beige book which is not something that could chicken up all that often. So we wanted to award you guys. So are you telling me. We're getting a special beigi. You're getting a special beigey. yes really yes. so how. good god emotions. Running real high over here. Economists are dramatic people one hundred percent. Joe says that the data they've gotten from these news. Actions has already given them a lot of new information for instance. Some of the information from the worker experience action actually help them this economic mystery. That's been brewing for the last year. A lot of employers have been saying for months and months that they cannot find workers they have open jobs and they can't fill them and at the very same time there are millions and millions of unemployed workers. Say they are desperate for a job. But joe says when they started talking to actual workers the mystery started to clear up. They heard from a lot of people who said that there were jobs. They just couldn't take even when they really wanted to take them. For example employers are are really keen to fill twelve hour shifts and these are much more difficult to fill if you have to manage childcare. We're hearing a lot about transportation issues right now in particular. The impact of mass transit cuts in service stories about childcare responsibilities. How expensive childcare is and how hard it is to find and how that's a constraint particularly for women also juices women and minority owned businesses have been harder hit by the pandemic then businesses general. And we know that part of the reason for this is that women and minority owned businesses tend to be concentrated in the service sector retail and hospitality and those have just been especially hard hit by the pandemic also. Those businesses tend to be smaller. So they're more vulnerable to economic changes but and his team also discovered that many of these businesses were also doing worse because they had not taken advantage of government aid. We don't know as much about why but we've heard some sort of compelling stories in one of those stories that particularly among immigrant business owners. They've expressed concerns that applying for aid might jeopardize their future citizenship status. A lot of government funding made available during the pandemic was not supposed to immigration status. But joe says some visa holders were skeptical of that guarantee. Joe says the minneapolis fed expects these new sections to reveal more information like this in the future and that could be helpful in guiding policy and supporting businesses and workers across the economy. Then some ways. This has been on our minds for a really long time. It's been even more prominent on our minds last year. The horror of george floyd staff in minneapolis has made issues of race and representation. Seem even more urgent. There's been. I would say a growing emphasis in the minneapolis fed but also within the federal reserve. More broadly to make sure that we're building more inclusive economy and that we're being more representative more inclusive in the economic data that we look at an guides policy. Good job minneapolis. We are excited to see what you discover in future beige books and also a shout out to all of the federal reserve banks that contribute to the beige book. You guys do great work until the next babies will be reading. This episode of the indicator was produced by sam sei and edited by julie myers. The indicator is a production of npr..

julie myers stacey bannock smith sam sei Sarah Joe Jomon sarah millions Stacey Each entry last year Each one hundred percent joe today Bank of minneapolis Quickbooks second one bank federal reserve bank of minnea
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

03:02 min | 3 weeks ago

"sam sei" Discussed on The Indicator from Planet Money

"I would suggest <Speech_Male> that a substantial fractions <Speech_Male> toward <Speech_Male> if they have a wage <Speech_Male> premium. <Speech_Male> They maintain <Speech_Male> it. <SpeakerChange> And why <Speech_Male> do you think that is. <Speech_Male> I personally <Speech_Male> think it's because some <Speech_Male> stores <Speech_Male> are more <SpeakerChange> concerned <Speech_Male> about turnover <Speech_Male> so his <Speech_Male> theory is this for <Speech_Male> stores. Who are worried <Speech_Male> about turnover <Speech_Male> and you know who wanna <Speech_Male> hold onto their workers. <Speech_Male> Keeping <Speech_Male> that premium above <Speech_Male> the minimum wage <Speech_Male> works really. Well <Speech_Male> that might <Speech_Male> explain why some mcdonald's <Speech_Male> continue pay <Speech_Male> more even if the <Speech_Male> aren't legally <Speech_Male> required to <Speech_Male> okay so <Speech_Male> recap <Speech_Male> minimum. Wage does <Speech_Male> not lead to more <Speech_Male> touchscreens. <Speech_Male> It does <Speech_Male> lead to raises <Speech_Male> for a lot of workers <Speech_Male> including workers <Speech_Male> making more <Speech_Male> than the minimum wage <Speech_Male> about. We still <Speech_Male> have not answered <Speech_Male> that. That <Speech_Male> finncial question <Speech_Male> right. Where <Speech_Male> does the money for <Speech_Male> those raises. Come <Speech_Male> from this <Speech_Male> is probably the most interesting <Speech_Male> part of this study. <Speech_Male> They looked at <Speech_Male> the effects of <Speech_Male> minimum wage hikes <Speech_Male> on prices <Speech_Male> to keep <Speech_Male> it simple. They've focused <Speech_Male> on a classic <Speech_Male> item. That <Speech_Male> only <Speech_Male> and filter is so fond <Speech_Male> of the big <Speech_Male> mac. And what they <Speech_Male> find is <Speech_Male> when the minimum wage <Speech_Male> goes up. <Speech_Male> So does the price <Speech_Male> of a big mac <Speech_Male> and crucially <Speech_Male> they <Speech_Male> find that the <Speech_Male> increase in prices <Speech_Male> is <Speech_Male> essentially in line <Speech_Male> with what a <Speech_Male> store owner would need <Speech_Male> to pay those <Speech_Male> higher <SpeakerChange> wages <Speech_Male> that means <Speech_Male> that the increase <Speech_Male> labor <SpeakerChange> costs gets <Speech_Male> onto the customer <Speech_Male> workers <Speech_Male> are getting raises <Speech_Male> but prices <Speech_Male> prices. That <Speech_Male> workers have to pay <Silence> are going up <Speech_Male> so <Speech_Male> do workers <SpeakerChange> wind <Speech_Male> up better off here. <Speech_Male> The actually look <Speech_Male> at this in the study <Speech_Male> at <Speech_Male> least for mcdonald's <Speech_Male> workers themselves <Speech_Male> and they <Speech_Male> found that workers <Speech_Male> wages went <Speech_Male> up more than enough <Speech_Male> to offset the price <Speech_Male> increase. Okay <Speech_Male> so even <Speech_Male> factoring <Speech_Male> in the more <Speech_Male> expensive burgers <Speech_Male> the price rise <Speech_Male> workers <SpeakerChange> were <Speech_Male> better off <Speech_Male> and one less <Speech_Male> thing. I should note <Speech_Male> that the steady didn't <Speech_Male> look directly at <Speech_Male> whether minimum wage <Speech_Male> hikes prompted <Speech_Male> stores to reduce <Speech_Male> the number of <Speech_Male> workers. And obviously <Speech_Male> this is <Speech_Male> a big issue that <Speech_Male> people are concerned <Speech_Male> about with the minimum wage. <Speech_Male> That it will kill jobs <Speech_Male> that just <Speech_Male> weren't able to collect <Speech_Male> the data but <Speech_Male> other studies have found <Speech_Male> that fast food restaurants. <Speech_Male> Don't <Speech_Male> respond to minimum <Speech_Male> wage hikes by <Speech_Male> firing workers <Speech_Male> and so in <Speech_Male> the end ashfield <Speech_Male> and <Speech_Male> his co author. They <Speech_Male> sort through all of <Speech_Male> this evidence and <Speech_Male> kind of <Speech_Male> amazingly <Speech_Male> do arrive <Speech_Male> at an answer <Speech_Male> to that big question. <Speech_Male> Where <Speech_Male> does the money <Speech_Male> come from <Speech_Male> to give raises <Speech_Male> to. Mcdonald's workers <Speech_Male> like adrian alvarez <Speech_Male> when the minimum <Silence> wage <SpeakerChange> goes up <Speech_Male> and <Speech_Male> <Advertisement> the answer is <Speech_Male> <Advertisement> <Speech_Male> <Advertisement> it comes <Speech_Music_Male> from higher <Speech_Music_Male> prices. It <Speech_Music_Male> comes really from <Speech_Male> us. It comes <Speech_Male> from everybody <Speech_Male> who pays <Speech_Male> a little more to <Speech_Music_Male> buy a big mac <Music> <Speech_Music_Male> <SpeakerChange> <Speech_Male> say <Speech_Male> again. Stacey vanek <Speech_Music_Male> smith is on <Speech_Male> vacation. Today's <Speech_Male> episode of the indicator <Speech_Male> was produced by <Speech_Male> <Advertisement> emma. Peasley with help <Speech_Music_Male> <Advertisement> from gilly moon <Speech_Male> was fact. Checked by <Speech_Male> sam. Sei <Speech_Male> and edited by alex <Speech_Male> mark. The indicator <Speech_Male> is a production <Speech_Music_Male> of npr. <SpeakerChange> <Speech_Male> <Speech_Male> Paying one. less thing <Speech_Male> here <Speech_Male> I <Speech_Male>

Stacey vanek adrian alvarez gilly moon Mcdonald Today alex mcdonald emma. Peasley mac Speech_Male smith one
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

02:33 min | Last month

"sam sei" Discussed on The Indicator from Planet Money

"It's now been eight months and counting. Yes it sounds like. It's working out so far. What he tells about the downsides. Yeah there is one thing in particular that sinead said. She's worried about so well. Lots of people are coming to stuff's websites. There are people in zeeland. Of course who still rely largely on facebook for news and just like here in the us. There is a lot of bad information on facebook in new zealand. Like things that are just not true and we wonder about the risk of withdrawing journalism from facebook and what that leaves behind for people to be exposed particularly around things. Like curved vaccine has basically saying if you're not finding news stories at outlets stuff. What's out there to counter all these posts on facebook claiming that vaccines are going to let bill gates control your dna or whatever right and that's sinead says ultimately while stuff does not have plans to resume post on facebook anytime soon. She's not ruling out permanently shannon. This is also the experience of just one publisher in a country. That's you know. Lovely important significant many ways but a small country so not trying to offend kiwi friends. Five million people right yeah. So how does this apply to other media companies around the world. Yeah i mean that was sort of my question. Just sinead to said. She thinks her experience shows that really publishers. Just don't need to be in this codependent relationship with facebook. There's other options. yeah. I mean. I know not. Everyone is in the same situation than us. But taking this step in deciding to just give it a go Taught us so much and made us think that all ask fears that without these platforms we would just collapse. That was baseless in other words. Her relationship advice dump facebook. Yeah i mean. Remember how people used to set their relationship status on facebook to. It's complicated absolutely. I think the takeaway from sinead is the relationship that publishers should be worried about. Is the one with their readers. Not with facebook shannon. Thanks so much for joining. The indicating stopping quick disclosure. Facebook is among npr's financial supporters. This episode of indicator was produced by britney cronin. In fact check by. Sam sei who's edited by jolie myers in the indicator is a production of npr..

new zealand britney cronin Facebook Sam sei zeeland eight months facebook jolie myers sinead one thing Five million people one publisher shannon npr
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

08:18 min | Last month

"sam sei" Discussed on The Indicator from Planet Money

"This message comes from. Npr sponsor interactive brokers interactive brokers charges usd margin loan rates from zero point seven five percent to one point five nine percent rate subject to change. Learn more at i b. k. r. dot com slash compare. This message comes from. Npr sponsor microsoft teams helping priority. Bicycles transformed the way they work. When the pandemic hit they started doing virtual visits on teams now people worldwide can come into their showroom more at microsoft dot com slash teams. Sean hawford came to bozeman montana for college and fell in love with it. Great hiking great skiing tons of natural beauty and he also fell in love with boseman local. Who's now his wife. Nee decided to settle down in bozeman. Buy a house and start a family and this plan was looking very good. Sean had a successful business is wife. Works saved up a bunch of money and the bank qualified them for a half million dollar loan. They started looking around and almost right away. They saw house. They've really liked all right. It feels like a huge step but will make the offer will do. It will commit to make any offer. The house was listed at four hundred and twenty five thousand dollars. They offered four hundred and thirty five. So ten thousand dollars above the asking price just because they wanted to lock it down but in fact that was not enough to lock it down. The owners came back to them and said listen. We've got a bunch of offers. If you want this house you'll need to do better sean. His wife talked it over and they dug deep the offered four hundred and fifty thousand dollars. They responded and said. I'm sorry we've accepted someone else's offer. Apparently it was a cash offer. Their agents said look guys this happens. Don't worry we'll get the next one. They saw a second house they liked again. Made an offer above asking price got into another bidding war and once again they lost out to an all cash offer and then we did that seventeen more times Really you've made offers seventeen houses eighteen now and we have been. Yeah we've been turned down all eighteen. Sean says this was hard. They'd see a house they really liked. They'd start dreaming a little bit kind of mentally moving in imagining a life there and then you get the text message. At seven o'clock. They took the cash offer. Who are these people with this cash. That's a great question. John says everyone in the town of bozeman is asking this very question. He says all the started some years back handful of ski bum techy start be types moved into boseman from big cities and they started telling their friends about it and friends started getting like second homes and ski cabins there and the town slowly started to change. It's a lot of people from california. It's caused a lot of kind of anti california resentment here. You see people who just ask for lack of a better way to phrase it. Just look like they're from california. You know you look like you're from you know like what does that mean. There's a certain look about people that are from montana. I think you tend to look a little bit more practical in the way that you dress. Rather than fashionable Yeah you see somebody who's a wearing like a big park with a furry hood on it and is wearing really tight leggings when it's fifteen below zero out and like i don't. I don't know if you've been here for very long. I one hundred percent have one of the parkas. John says he knows it is useless to be angry. People for moving to bozeman from out of town. I mean that's what he did. Yeah but even so. He says that when he sees the furry food lagging crowd. He's like you are the reason. I cannot get a house and he's probably not wrong. So remember sean statistic that the median home price in bozeman is twenty percent above the national median and the median income in bozeman is twenty percent below the national median. Actually that is off. The median home. Price in bozeman. Montana is seventy five percent above the national median. It's well over. Five hundred thousand dollars and the median household income in bozeman. Which is about fifty thousand dollars is twenty five percent below the national median. Bottom line if you are a boseman. Local working job in bozeman. Buying a house is becoming financially out of reach. The math doesn't work and this math is happening in small cities and towns over the us. That's according to glenn kelman. The ceo of red fin and online real estate brokerage glenn says that the pandemic has accelerated these trends because as more people start working from home working remotely. They've been migrating out of big cities and into smaller towns and cities where they can do their work. Now you just got so many people come from. La to look at a house in tucson and they're walking through it with a real estate agent and say what did places go for around here eight or nine hundred thousand dollars in the average price in two hundred three hundred thousand dollars and the agents is pop out of her head. So the folks who are leaving these coastal cities are totally blowing up these tiny towns and they walk in with monopoly money and they get a house. That's double the size. They ever imagined they'd be living and it just distorts the whole economy and the businesses in that. Connie sean says the town has been changing. Two thousand was a town. Where on main street. You'd have ranchers pull up to a storefront and they've got a flatbed. Pickup hay bales on the back and their dogs are riding on the back of the truck and they park it and they go in and they get a cup of coffee and there's a lululemon like can you picture that guy with his mustache cowboy hat walking into lululemon. The by a pair of doger's. John says a lot of his friends are talking about moving away. They want to settle down and buy a house and that just feels out of reach for most of them and toronto's was pretty resigned to this but then something changed. He and his wife are now expecting their first baby. My wife and i went in for a twenty week ultrasound. We got actual like photos of the really clear shape of the baby's face and then we came home and just had a normal evening. And then i laid in bed for three hours without falling asleep because my mind was just going into absolute overdrive of importance of for me to provide a place for us to live together specifically because the house were living in is It's not impossible to bring a baby home here. And i know a lot of people have made do with a lot less. But it's four hundred square feet. It's really old It grows mold on the walls in the wintertime. 'cause it's not insulated. Sean suddenly felt like he had to find a house for him and his family. And that's when it came into his mind. I might not have cash. But i do have some local credit and that has value to like maybe i could leverage that credit into a house for my family so he got a big piece of cardboard and a sharpie. I made a sandwich board. I was going for efficiency. I i wanted to communicate as much as i could without having to hold too many things at one time so he wrote. Please tell me a home. Local business owner wife pregnant paid rent here. Ten years johnson three days standing outside and fifteen degree weather. He says he did get a few leads. People who said they might be selling their house and they'd like to sell it to a local and it worked did work. We just got word. Since talking john that local massage his sign offered to sell him a house. They said they really wanted a local family to buy it. John and his wife saw it and loved it. There offer was accepted and they are planning to move in in may is that as indicator was produced by amateurs and fact checked by. Sam sei who's edited by jolie myers and the indicator is a production of npr on npr's. Consider this podcast. We don't help you keep up with the news. We help you make sense of what's happening. Like with the case about killing means for the ongoing fight for racial justice or powder best navigate a pandemic changed life for all of us all of that in fifteen minutes every weekday. Listen now to consider this from npr..

Sean hawford two hundred california ten thousand dollars twenty percent Five hundred thousand dollars John eight Sam sei Connie sean Sean tucson microsoft twenty five percent bozeman twenty week jolie myers nine hundred thousand dollars fifteen fifteen minutes
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

07:56 min | 2 months ago

"sam sei" Discussed on The Indicator from Planet Money

"This message comes from. Npr sponsor ibm sophisticated but simple. Cutting edge made user friendly. We want both. We want a hybrid and so do retailers. That's why they're going hybrid with ibm a hybrid. Cloud approach with watson. Ai helps them. Manage supply chains while predicting demands with ease from retail to healthcare. Businesses are going with a smarter. Hybrid cloud using the tools platform and expertise of the world is going hybrid with. Ibm visit ibm dot com slash hybrid cloud. This message comes from. Npr sponsor. Agian agian is the payments platform for today tomorrow and whatever comes next with adnan single solution. It's simple to accept all kinds of payments in app online in store touch free and beyond and it seamlessly with your business. So keep your customers happy and your business growing with adnan business not boundaries. Visit a. d. y. e. n. dot com slash. Npr in march last year a group of homeless and housing insecure. People broke into a number of empty homes in a neighborhood of los angeles and them they called themselves reclaim irs and these houses that they occupied owned by cal trans. Which is california's transportation agency cal trans. It started buying homes more than four hundred of them as far back as the nineteen fifties as a way to make room for a freeway extension but that extension was never built and some of the homes lay empty for years. They're reclaimer said it was unacceptable that usable homes owned by the state or lying empty when people were homeless and living on the street and remarkably. None of the reclaimer were affected instead. State officials agreed to lease more than twenty of. The house is to the city's housing authority which then allowed a dozen families to live in them for two years. Part of a transitional housing program and sasha atkins was inspired by this story. She'd connected with a group of families who were like her. They were housing insecure struggling to find stable housing and together. With community organizers in local activists that came up with a plan to reclaim some of those cal trans homes themselves and see if they could strike a similar deal with housing officials to let them stay in those homes. No one wants to break into home and have to reclaim a home. You know i mean we all want a fair chance to be able to provide that for own families and unfortunately it's not available to everybody so it was definitely last then night before thanksgiving. Sasha left her son with her. Mom grabbed her phone blankets and a laptop along with a dozen other families. She went to the el sereno neighborhood in northeast. La were there was a cluster of more than one hundred vacant cal trans homes. The group went in quietly but not in secret. The carried signs to place in the window that said quarantine in progress so that everyone would know what their intentions were. Some of the group were longtime residents of the neighborhood who knew the history of the houses and they helped identify houses that were in good enough shape to possibly accommodate a family that group also knew the homes would be locked so they brought lock picking kits along. Sasha learn how to use hers online. Youtube is amazing. It was actually really easy. Air is easy. You know but Again it was something that we needed to do to do this. And you know. I didn't wanna make a lot of noise and scare the neighbors you know. I figured this was the best route once. Sasha made it inside the house she had chosen. She began moving from room to room looking through spaces and boarded up windows to see if law enforcement had been alerted going from one side of the house. The next i was just trying to steal alert and and and just make sure like. Oh god what am. I gonna do if they do come. Sasha never done anything like this before so it was a scary experience but later that night when officers from the california highway patrol. The chp arrived on a nearby street. Things got even more frightening are watching instagram. Live and and i was just watching how the were coming into the homes and you know forcibly removing people. That was scary. I just that. I do not want that to be me. You know and so i was very nervous. I was very scared i was. I was crying lot but after you think you know house after house get take down Was a matter of time before they were gonna come to me to eventually. Officers did come to the house. She had occupied and another group of recliners helped to hide her. But it was clear to sasha that this was not going to be a replay of the recliners victory of seven months earlier. The city was not going to do a deal with her group. She just wasn't going to be able to stay in one of these homes. She had to leave. It didn't work like my son. He just knew. I was going to get a house and setting up a house for us. You know he and to have to come home and tell me like i'm sorry we get it was just. It was a really crappy fairly affordable. There are vacant properties private and state-owned all over the us. That could be used to house. Families like sasha's politics legal issues bureaucratic inertia have all made it hard to read develop or sell them but there are officials in some urban areas that are stricken by homelessness who are increasingly willing to consider some newer innovative solutions to the housing crisis. To be clear we're talking about solutions beyond the obvious like allowing more homes to be built or building more affordable housing and one of these innovative ideas. That's gotten some traction is two fold vacant. Government owned dwellings into something called a community land. Trust once homes are in the trust they can be developed for affordable housing last fall for example. A group of single moms took over a vacant house in oakland and they were able to arrange for a land trust to purchase it. Also asphalt philadelphia activists pushed the local housing authority to turn over fifty nine houses to a local and said they can be rehabbed and remain affordable. The idea is even gotten some traction in los angeles where the county board of supervisors established a working group of five. Existing land trusts. It also allocated fourteen million dollars to try out the idea those trust. Don't incorporate the cal trans homes that sasha atkins in a group had tried to reclaim but the state legislature is considering a bill that would sell those homes so they can then be developed to accommodate people who are homeless or housing insecure. But sasha's still searching for permanent housing for her and her son and the experience has given her a taste for that fight to push this city to create more affordable housing. She's still in touch with the reclaimer elected officials. They're hoping to convince these officials to include those cal trans houses and el sereno in a land trust and if they do decide to stage another takeover. I'm ready for them to do this. Robin you're rich. Thanks so much for bringing us this story up. The indicator was produced by jamila huxtable. In fact check by. sam sei edited. Pani hirsch. you can read more of robin. You're rich is reporting including more of sasha actions story at capital and main dot com indicator for planet. Money is a production of npr. The news is about more than what just happened. You need to know why it happened. Who made it happen how it's felt the communities you care about. Npr's daily news. Podcast consider this gives you all of that with context back story and analysis on a single topic every weekday. It's not just information. It's what the news means. Consider this from npr..

Sasha jamila huxtable two years cal trans Youtube el sereno los angeles sasha atkins oakland march last year fourteen million dollars sasha more than one hundred Robin instagram seven months earlier sam sei both Npr more than twenty
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

02:01 min | 2 months ago

"sam sei" Discussed on The Indicator from Planet Money

"An estimated ten thousand people show up and as a central node in this growing community. Bob has had a kind of front row seat to the massive disruptions of the past decade. And he's watched as certain demographics have borne the brunt of those changes. It's a surprisingly large female. Contingent older women in their sixties and seventies. When they were girls they were told get married. Stay home raise a family and so they never go up so sturdy and then now they're living on five hundred to eight hundred dollars a month so skirt and he cannot live in this country on five hundred two thousand a month so sturdy and live in house and you just can't do it and so they all desperately needed the solution as well and i told them all. If you move into your plan you can live reasonably well on that. You won't be rich but you won't eating dog food and there's hope bob says he has seen an uptick in views and inquiries about van dwelling over the last year. But so far he says the stimulus checks and the nationwide moratorium on evictions have slowed. The number of new nomads. Still he says as the baby boomers continue to age into social security and as the effects of climate change intensify bob expects the movement towards van life to surge and he sees it is his mission to try to help however he can. I've got a string of lifeboats. And i want to get as many as i can into the lifeboat and i think the hammer blow of two thousand eight really put a crack in people's confidence and i think when you combine that with this cheers a natural disasters and the epidemic. I think people are just going to be abandoning the american dream in droves. That's all i'm trying to do is get people out of a dead and dying system if you want to learn more about life on the road check out the book nomad land by jessica breeder a new film. Adaptation of the book is also out now. today's show was produced. By alexi horowitz ghazi and backtracked. By sam sei. The indicators are production of npr..

alexi horowitz five hundred Bob sam sei nomad land jessica breeder seventies bob sixties last year two thousand today ten thousand people two thousand a month past decade eight hundred dollars a month american eight
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

01:33 min | 3 months ago

"sam sei" Discussed on The Indicator from Planet Money

"The taco emoji for instance taco bell lobbied really hard for that one to pass the interracial couple emoji that was from tinder hiking. Boots brought to you in part by timberland's the beaker and microbe emoji popular this year. Ge funded those even the mosquito emoji mono- guests who pushed for that one was it like off the repellent people a good idea but no i think so bill and melinda gates foundation behind this one but jenny says the way that ford kind of went about the process kind of subcontracting their proposal to s seeming truck enthusiasts at an ad agency without any clearly to the company that has led her and others to call for a change in the emoji proposal process transparency. What's really important is to. We wanna know where that money generally is coming from air grenier at ford social media says the company did not intentionally obscure it's role. Ingesting the pickup emoji. It simply did not want to publicize it until it was a done. Deal at the time of publication dwayne. The rock johnson has still not responded to multiple requests for comment. But if you hear this mr rock please get in touch. We can always do a follow up. Call us if you want to know more about where emoji come from. A new documentary called the emoji story. Produced by jennifer lately is now available online. This episode of the indicator was produced by jamila. Still fact checked by sam sei. The indicator is edited by paddy hirsch and is a production of npr..

paddy hirsch jamila sam sei jenny ford dwayne jennifer bill melinda gates this year rock timberland couple rock johnson
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

07:10 min | 3 months ago

"sam sei" Discussed on The Indicator from Planet Money

"This message comes from. Npr sponsor capital one offering capital one shopping a downloadable browser extension that searches various sites for shoppers. What's in your wallet. More at capital one shopping dot com support for this. Npr podcast and the following message. Come from better help online counseling by licensed professional counselors specializing in isolation depression stress and anxiety. Visit better help dot com slash indicator to learn more and get ten percent off your first month. Cerita dolly is a retail analyst at forrester surgery. I am so glad that you're with us. And i wanted to ask you about feelings. And the economy specifically the consumer confidence index was up this week and like. What does that help predict. What do we expect to see happen win. Consumer confidence goes up or down when people are confidence They tend to spend more and that tends to to generally fuel the economy. If you are less confidence that could mean things like cutting back on what you're spending on or either not buying anything discretionary or buying cheaper versions of what's discretionary and you know it's funny because consumer confidence right now is not that terrible. It's down. I mean certainly but it's nowhere near as bad as it was like in two thousand eight two thousand nine so it's it's relatively good for where we are relatively strong. They're certainly a sector of the economy consumers who have fallen on hard times of which there are millions and I think those are consumers that that are weighing down that confidence number but a significant portion of consumers especially affluent consumers have actually done very well through the pandemic for the most part they have remained employed at their their pre pandemic salaries and they don't have as many places to spend their money because they don't have the restaurants to eat out at have the leisure travel that they would have done normally on top of that many of them have their wealth tied up in stock portfolios and the stock market has been on fire. It is sort of a weird time. It's like our economies almost split into maybe even more so than was already happening and there are some people who are just in a desperate situation and then people who are doing maybe relatively better than they were a year ago. Because like you said. They're earning the same salary in their expenses have gone down. Yeah there's definitely bifurcation. It was the case even before the pandemic but i think it's been even more pronounced now so consumer confidence is a lot lower than it was this time last year. But it sounds like you are surprised that it's not maybe like lower than it is right now. Oh yeah when we were going into the pandemic we the thinking. The general consensus kind of in march was that this is going to probably be as bad as the great depression if not worse than the great depression that was the prevailing wisdom before because we were shutting down the entire economy and thinking was everything is going to halt. But that actually didn't turn out to be the case and how is that translating it retail are people buying a lot of stuff right now or some stuff for you know that is a fascinating fascinating question and in all of the things that we have been looking at the the most interesting part is retail spending in aggregate which very few people realize is at record high levels yet if you look at the whole. Us we're buying more than we were earlier. Or we're buying more than i think in the last twenty years you know in the last month and oh wow you don't think of that right. There are some sectors that have been suffering tremendously in the chew sectors. That have been suffering. The most are the apparel sector Which is heavily tied to malls. And that's why you hear a lot about the mall suffering and the other is the restaurant sector but on the other hand we are seeing record high levels of spend with mass merchants. We are laying targeted and stuff target walmart. You're seeing record high levels of span with the grocery stores and you're actually seeing growth in some companies like burns and noble. You know kind of come back from being on life support. People just need more things to do at home or ways to entertain their kids so correct me if i'm wrong but even taking into account restaurants which have just been like totally decimated and places that count on foot traffic and all of that on the whole we're buying more there's been like a net gain even with that big drag coming. Yeah yeah it has. It has been amazing to me. I mean that's almost unbelievable to me. Because yeah i walk around new york city and it's like a ghost town for signs everywhere it's shocking and My numbers are coming from the census. Every month they released data around how much people have spent and we saw that decline that precipitous decline in the months of march and april. But those that was the worst of it you know you saw the economy starting to to reopen and some of the spend rebounding or in some of the spenders being replaced. So you know. Instead of people going to the malls they would spend money at target and walmart or you know. Instead of people spending money at restaurants they were buying food for for cooking at home or they were buying different products online on amazon. Right like furniture cookware. Exactly so what are what indicators. Are you watching going forward to get a sense of the economy right now. Is there something that you're keeping your eye on for me. It is the number of retail bankruptcies. Because we did have a record number of retail bankruptcies in twenty twenty but the fact that that number wasn't higher your was. I think. Do choose the fact that there were a lot of rent. Abatements and a lot of landlords were just letting people not pay their rent. But i think a lot of that is now coming do and Now is the time this quarter next quarter. If we start to see more retailers declaring bankruptcy That's going to be signed for me of a pretty drastic shake-up sutri thank you so much for talking with us. Oh thank you. Stacey cerita kc is a retail analyst at forrester. This episode of the indicator was produced by dave blanchard. Fat checked by sam sei. The indicator is edited by patty hearst and is a production of npr..

two thousand Npr dave blanchard last year amazon sam sei new york city walmart Cerita dolly target this quarter next quarter millions april first month a year ago twenty twenty last month ten percent this week forrester
"sam sei" Discussed on The Indicator from Planet Money

The Indicator from Planet Money

01:30 min | 3 months ago

"sam sei" Discussed on The Indicator from Planet Money

"Through eight routine food inspection. But carl said to me. This doesn't happen really unless a competitor tips. The fda off fda doesn't go around testing pasta boxes then. I reached out to a legal source who had worked with the fda before like. I don't want to give this person. Wakes very very much. Wanted to be anonymous deep throat. Exactly and he confirmed what karl had said. Which was that. Somebody put pressure on the fda. We reached out to the fda and they told us that they had discovered check. Oh bucatini iron deficiency through a quote routine enforcement activity. And also that. The case is still pending. We also reached out to check. Oh but all we got was an automatic response saying they wouldn't be responding. If you are a bucatini bopper or just bucatini curious. We are happy to report. That other brands now appear to be easily available online as for rachel handler. Who story you can also find online. She says she's going to keep digging into who might have done to check. Oh dirty though. Even the company itself phone answer calls. They think i'm the enemy. I think but i'm like no. I'm trying to get answers that the public wants from you because we love your pasta on the same side here exactly. I'm just trying to help you out. Help me help you help. America today show was produced by britney. Cronin it was fact. Checked by sam sei indicator is edited by paddy hirsch and is a production of npr..

karl paddy hirsch britney carl bucatini sam sei rachel eight America today
"sam sei" Discussed on NewsRadio KFBK

NewsRadio KFBK

01:38 min | 9 months ago

"sam sei" Discussed on NewsRadio KFBK

"I'm Christina Madonna. I'm Sam Sei and busy news morning. Here's what's trying to get this. Our California Senator Kamala Harris will officially begin her vice presidential run when she's introduced by Joe Biden. Today, supporters say Harris will bring broad appeal governing chops and political panache to the ticket hair. Salon owners say they are fed up. They need to reopen and the son of Joe Biden back in the news this morning under scrutiny for another questionable financial transaction. It's our featured audio clip. In less than five minutes. Let's get a check on the road with nobles. Good morning, Brian. Good morning. Roads look good getting around Sacramento right now. One exception. We do have some lingering overnight roadwork, causing some slowing on downtown. I five right now crawling from just before Centerville Road to about Seamus, But that's about the extent of our troubles right now, If you find something on the road in front of you and one of passing along with kfbk traffic tip line dial found 2 50 say traffic traffic on the tent every 10 minutes mornings and afternoons News, 93.1 kfbk. Lots of sunshine today and becoming hot this afternoon with the high between 96 100 clear tonight with a low of 62 64. Sunny and hot tomorrow with a high of 99 103 sunny and very hot on finding with a high of 1 to 1 of six. AccuWeather meteorologist Joe Lundberg News, 93.1 currently 60 degrees now, with stories now trending in the cave became morning news. Campaign. 2020 KFBK Continuing coverage today, Joe Biden will introduce his running mate, California Senator Kamala Harris, where the two will officially kick off their campaign for the White House. They will appear together for the first time at an event in Biden's home town of Wilmington, Delaware. Paris, whose mother is from India and whose father was Jamaican, is the.

Joe Biden Senator Kamala Harris Joe Lundberg Christina Madonna Sam Sei California AccuWeather Seamus India Wilmington Delaware Brian Sacramento White House Paris