37 Burst results for "Thirty Five Thousand Dollar"
New York Man Pleads Guilty to Hacking and Stealing Nude Pics
"New unofficial windows patch fixes more petite po tam attack vectors a second unofficial patch for the petite po tam vulnerability which allows a threat actor to force a windows server domain controller to authenticate against an. Nt relay server has been released to fix issues not addressed by microsoft's official security update the petite bottom bug tracked as cv dish. Twenty twenty one dash three six nine. Four two was partially fixed by microsoft's august twenty twenty one patch tuesday update but unfortunately it is still possible to abuse petite bo tam using e f s rpc functions that were not addressed zero patch micro patching service has released an unofficial patch. That can be used to block. All known petite potassium alum relay attacks and windows server. Twenty nineteen twenty sixteen twenty twelve in two thousand eight. Our two for those who wish to wait. For an official patch from microsoft petite bottom attacks can be defended against using nets h rpc filters that block remote access to the f. s. Rpc service new york man sentenced to prison for stealing student's nude photos after hacking their accounts. The justice department announced on thursday. That nicholas farber of rochester. New york has been sentenced to three years in federal prison. For hacking. The accounts of dozen female suny plattsburgh students to excess private nude photos farber. Who is a suny plattsburgh. Grad worked with co-conspirator michael fish to access the students school email accounts between twenty seventeen and twenty nineteen fish gained access to at least one account by guessing the answers to victim security questions farber then used their credentials to ex's facebook snapchat in cloud accounts from which he stole private nude photographs movies which he then traded online with others farber was charged with computer fraud and aggravated identity theft and has been ordered to pay just over thirty five thousand dollars in restitution to the school fish also pled guilty to several related charges and his sentencing is set for november third the school implemented multisector authentication all email accounts after the incident
Fresh update on "thirty five thousand dollar" discussed on The Money Guy Show
"So when he's saying is a maximum rothen. Amassing our hsa. And i'm hitting twenty five. Can i just jump straight to step number eight or should i put something in my 401k. This is why. I love the financial order of operations. It really does try to account for all scenarios that come your way and now this is the free deliverable does a great job because you can. Actually we don't hide it. We just tell you what the non steps are. But this is one of those questions. Bruce where you probably need a little more into the weeds of the full course because if you go to learn dot money got dot com. We actually have a full course on this. This is where we differentiate. Now go ahead and share with you. How this plays out. He mentioned something very key talked about step eight but we also know what's in play here is step two because we got an employer plan. We know that he's talking about roth in hsa's and then we all also know step six. Is max our retirement. So how do we get here. So let's just kind of walk through. His employer plan doesn't offer a match will step two is employer match so it. There's cerro the employer match then we can move on. And if i'm assuming based upon this question there's no high interest debt so we go to step four. I'm assuming his emergency reserves in a great place because he's already asking. Hey i'm saving twenty five percent of my income but twenty-five percent because my incomes at thirty five thousand dollars a year is fulfilled with just my roth and my hsa. So that is. He's already hit hyper accumulation. So he's already since he's already hit hyper accumulation of saving twenty five percent of his gross income. He kind of look if he had extra money that you know or higher income situation. He probably would get pulled into step. Six is where to get to twenty five percent. The roth isn't the roth. Ira wouldn't be enough money plus hsa to reach twenty five percent. You would need to top off at step. Six with the max out retirement. But he's already a twenty five percent so he goes a step seven hyper accumulation. Why and this is something that you can have a little bit discussion on the fact that because what i like about hyper accumulation as twenty five percent of your gross income going towards long term investments. But you want to get into the triple the bucket strategy here your after tax which is your brokerage account your tax deferred which is probably your employer matching account for somebody who's in a lower income situation like this and then your tax free bucket. We like to have a mix of all three. He gets to kind of move forward because think about when you're at thirty five thousand dollars. Saving twenty five percent is going to be so powerful because he's still close to the social safety net. Social security is going to be a huge portion of his retirement. He's not living off of that. Spending a ton of money plus she stack on top of that roth money you tack on top of that. Hsa money for medical expenses. He's always get access to that. Roth principal payments even if he retired early really powerful. So yes. I would say bruce..
Bernard Lee Chats With Poker Pro Johnnie Vibes Moreno
"You have been playing cash for many years well over a decade and kind of mistakes cash. We're not talking high nose bleed kind of what is it. Been like for that because we will talk about your youtube presence. You're logging in how that really is taken off. But well prior to that you were poker player. It's not that you are of vlogger that plays poker. It's really the other way around. Is that you played poker for so many years and kind of logging has kind of come into this space how was it and what were your trials and tribulations playing cash poker for a living because everyone loves seeing the big scores but people don't understand the grind sometimes of six sessions in a row where you don't win everyone's happy when we have a twenty five hundred five thousand dollar pot and can show it on on air but how many times do you struggle struggle struggle and flush dr doesn't get there or you flopped upset and they get run a runner and now you're going home with you know only job in the world where you can work x. number of hours and go home poor right. I mean it's very rare that that happens talk about your trials and tribulations in how it got to the point where you really felt like you could steadily make a living at this. Because it's really hard. I remember the first day that i left my job as a software developer with 401k health benefits and all these things i remember thinking like if i if i don't make good money playing poker i can always go back and get offered job again and you know the i i i was doing. I was doing well right out of the gate. But you gotta keep in mind that it wasn't that difficult to make money playing cash game poker if you had a solid strategy fifteen years ago because the money was everybody you could find a two five game anywhere that was great and you know there was probably one hundred to five games on any given night in las vegas during this time so i i was doing well but naturally as you progress in any career you want to make more money than the previous year and you want to get better and you want to further your career and you know. That's that's easy to do. Fifteen years ago and poker. You know you could start applying one three. You can make thirty five thousand dollars that first year. Feel like it was amazing but the next year. You know your your goals maybe fifty thousand in the next year your goals. Maybe seventy five thousand. But then you reach a point where you're making around one hundred hundred twenty five thousand dollars a year and you realize that in order to make more than that you need to get substantially better. You need to find better games and the games needs to be big and what's interesting about. That is poker. Games were shrinking. They were getting smaller over the course of the last five to ten years and they were getting tougher. So no i even if even if you got better in your own poker game it didn't ensure that you were gonna make more money than the next year right. I remember i kind of plateaued about six years ago. Where i was in the one hundred to one hundred twenty five thousand dollar a year range and i didn't really see gray prospects for making more than that and and just as a natural Ambitious human being. That started sparking me. Like what else can i do to ignite passion in the game. And what else can. I do to keep things interesting for me. And that's kind of how you know. Creating the poker channel came about My my five ten game had died. That i was playing in san diego on a consistent basis. That game was no more. So i was in a precarious spot. Where how am. I going to continue to make this good money with smaller games and i thought it would be a perfect time to start a new project and i remember those first couple of episodes that i started. I didn't think anybody's gonna watch him. I was just. I was just trying to get better at public speaking. And you know perhaps china Develop some other avenues of interest at a time. When i was unsure where the cash games could take me As far as the ceiling was and it it took off after the seventh episode. When i lost sixty five hundred dollars in a in five ten in in one session. I picked up the camera and put it in my face and i was like this sucks because like this game doesn't run twenty four hours anymore. I got like eight hours a day. That i can play this game. It might take me a while to win back. Sixty five hundred kind of share that on my youtube channel and algorithm picked it up. And they're like wow. This is a real poker player. That's making youtube videos. So i think that the looting to what you talked about before. I wasn't scared to talk talk about my thought process. I wasn't scared to say how i played hands. I was competent and my poker game. I think one thing that a lot of people have have happened as their newer poker players that are making you content so they're kind of more Afraid to just say what happened right and like you know because people are gonna show up in the comments and be like oh you played that like an idiot or what. Are you doing three batting without hand but for me. My confidence in my overall poker game. That part didn't bother me like if you were gonna talk crap about my game in the comments. I was fine with that. You know and i think that. That's what destroys a lot of people in the early stages shirt will have that confidence in know the when you sign yourself up for youtube comments the youtube comments they're gonna come come
Fresh update on "thirty five thousand dollar" discussed on Money Rehab with Nicole Lapin
"Era every okay and what is five percent like how much. Yeah because if you're asking me if you're spending too much on retirement than we can see where we can potentially scale back to forty okay great so when it comes to deciding whether you should pay off your debt or invest it really comes down to how much interest you're earning. So how much are you paying on your home equity line at thirty five thousand dollars. I pay five hundred dollars a month. Just because i want to get it paid off but we only have the interest rate on. That's my point five. I think it's like three seventy five a month. I would have to pay so at five point five percent. You wanna make sure that your investments are bringing in more than five point five percent or you should pay that debt off before investing some of the investments. I'm assuming are going to be in equities which is a fancy term for in the stock market which is probably going to yield more than that but a lot of it's gonna be in bonds which is probably going to yield a lot less than that so you're losing money if you're paying all this money in interest but you are then putting in other good money that could be used to pay down that home equity line and not making as much as five point five percent so you might want to take a look at getting that down first because ultimately that's gonna cost you more in the long run and that's like anything else if you want student loans another reason why i put that lower on the list is because usually those interest rates are quite low and so you can make more money in the market than you would be paying on those interest loan so that's an arbitrage which is where you're kind of playing the system to your most advantageous way to make money in order to answer the question of are you saving too much for retirement. Really have to know how much you want for retirement. So i think the biggest homework for you right now is to sit down with your husband and have a really honest conversation like hey babe. Do you want to have a target lawn chair in the back of a cottage or do you want to roll in a yacht. I mean these are really important questions to determine how much money you're going to need for retirement. Do you have a sense of the lifestyle you want because oftentimes i like to figure that out first so we can reverse engineer. So maybe you're right on track for it or maybe you're not but depending on what the goal is. We're not yachts we would need. We would be comfortable or middle of the road. The action went into you. Had three that disinterest us that's why it's really important to break down. What it is you want then reverse engineer to figure out how to get the money to live that life because arbitrarily if you're like hey. I want a million dollars for retirement. Then i'm going to say what he wanted to do with that million dollars you know. Do you want to just live off your interest. In which case then we'll use the four percent role if you want to use the lump sum and not. Leave your kids anything then. That's a different conversation. If you say that your burn for a year you said it was you know what five ish two thousand dollars if you need sixty thousand dollars a year. Then where are we going to get that arena. Get that from living off interest payments. Are we going to get that from you know multiplying sixty times twenty or twenty five. This is not super fun stuff to talk about. But actually you can look at different retirement calculators and try to look at your life expectancy and see how many years you would need but typically like a good role twenty twenty five years. Generally speaking women do live longer than men which is awesome but also that means we need more money. What is fun for ashley. That's a very hard question why Why having two toddlers it would be a great to myself. So can we prioriti- can we try to think of what that looks like and how much that cost. Is that childcare of the entire day yet in. That's changing too. We just lived out those changes for the next for the fall and winter so that's also projected in the central budgets. It is really important to. You've heard me say this before. But your oxygen mask on first even before hoping your kids and i know as a parent that's really hard to think about because you know kids who knows if you're going to go to college right and know that you want. A general funds was not a five twenty nine. So they'll have money for whatever they want to do. They wanna go to clown school. The whatever i don't know so. So that's you know that's that's going to give them a lot of flexibility. You wanna make sure that you have the most flexibility. Because by the time they go to college or do whatever they wanna do. They can have grants and scholarships and federal aid student loans. The things they you had right But there is no federal aid or grants or scholarships for your guys is retirement. There's no other option to pay besides you and that's not going to be helpful to your kids if you are then dependent on them in retirement which it doesn't sound like that's going to be you but some parents really over index trying to save for their kids and they deprioritize themselves and then by the time they hit retirement. They're like oh shit. We have no money and then hey gay it's like you live with you or can you take care of us or something. And then that just negates the whole idea of trying to give kids independence and freedom that you started out with by saving for them but it doesn't sound like you're in possession for today's tip you can take straight to the bank. You have to take care of your future. Self and your present self. I know a lot of people who have a financial mindset that they have to put their present desires on pas now or they won't be able to provide for their future means later. But you should make sure that in your spending plan you have room for your present day small indulgences. Financial freedom is a long road. So you may to allow yourself some fun. Pack snacks along the way. Or you'll never get to your final destination. Money rehab is a production of iheart radio. i'm your host nicole. Lapin our producers are morgan lavoix. And mike cost garelli. Executive producers are niki e tour and will pearson are. Mascots are penny and mindy huge. Thanks you og money rehab team. Michelle lands for her development work catherine law for production and writing the magic and brandon dicker for his editing engineering and sound design. And as always thanks to you for finally investing in yourself so that you can get it together and get it all. You may be wondering why doctors community. Medical center added luminous health to our name. It's because we're on a mission to give you and our community even more of the health care you deserve. That's why we joined arundel medical center to create a broader health system that is luminous health. Now delivering you and your family access to more locations services.
What an Increasingly Booming Economy Means for Bitcoin
"What's going on guys. It is thursday april twenty ninth and tenth day we are asking the question of what an increasingly booming economy means for bitcoin. So the setup for this. Is that obviously for. Bitcoin and bitcoin has always been a macro asset in the sense that it is fundamentally about reorganizing the global economy in some way when it comes to the rest of the world however it's really only been in the last year that that idea of bitcoin as a meaningful player on the macro stage has come to the fore. The connection was made first and most profoundly by. Paul tudor jones with his great monetary inflation thesis. And since then. Bitcoin has been tied up in its digital gold narrative as an inflation hedge. Right there's no way to deny looking at micro strategy getting in and michael sailor talking about the melting ice cube of cash as a treasury reserve asset and stanley druckenmiller seeing five to ten percent inflation over the next few years. There's no way to deny that bitcoins. Narrative has been tied up in the fear of looming inflation. The question then becomes. What if that starts to withdraw. What if the macro narrative shifts. Where does that leave bitcoin so today. That's what we're going explore. And i think the start. Let's start with this idea of it. Being a booming economy one of the wall street journal's lead headlines today is. Us economy appears to be lifting off. Economists are projecting a quote robust consumer led recovery. Gdp grew at six point. Four percent seasonally adjusted in q one which is almost exactly what economists had predicted. What's more consumer confidence is approaching pre pandemic levels. In fact it's the highest. It's been in fourteen months and it's done nothing but increase for months in a row in particular a low income band people and families earning between twenty five and thirty five thousand dollars. A year has increased dramatically in march. Nine hundred thousand new jobs created an unemployment went down six percent.
Tiffany Aliche's Financial Components to Become 'Financially Whole'
"Alita welcome back to the bigger pockets of any podcast. Always so excited to talk to you. I love that you guys have me back. Thank you so much mindy. Thank you scott. I love being. I feel like i'm a regular now shooters. I think you're our normal three-time guest. Oh which is nice Okay so tiffany. You are a master of all things money and finance but where your budget needs to story. Starts you worry financial disaster. You had a lot of shame over your situation. And that caused you to withdraw from friends and basically from life. What would you say to thirty year. Old tiffany going through all of this financial horrible mess and two others listening who are feeling ashamed of the financial situation there. In how do you get you to stop feeling bad about a mistake that you've made so i'll say get you linda and explain what that means. Emitted in alsace. Shame is a liar. So the way i was able to go from like this secretive. Shame when it came to my money. Was that my best friend linda. Who'd been trying to reach me for months. After i lost my job after i lost all my money after i scanned into thirty five thousand dollars in credit card debt after i couldn't afford my mortgage and had to move back home at thirty so i was at the bottom of the bottom. I remember literally looking at the ceiling from my middle school bed saying you had more money at sixteen. They do thirty like in total. I'm talking about retirement. Savings pennies in my purse like is this was like shame on top of same so linda called me after trying to get me on the phone for some months and was gonna pretend like everything was okay. That was busy But you know your best friend knows you best.
FAA steps up enforcement against unruly airline passengers
"Federal safety officials are announcing stricter enforcement against unruly airline passengers citing confrontations with Washington DC rioters the Federal Aviation Administration says there's been a quote disturbing increase in incidents where airline passengers have disrupted flights with threatening or violent behavior this includes confrontations over facemask rules and from recent violence at the U. S. capitol so the agency says it will no longer give initial warnings to unruly passengers it will immediately launch enforcement action penalties can include fines up to thirty five thousand dollars and jail terms for threats or assaults the flight attendants union says it's applauding this new policy of first strike your out Jackie Quinn Washington
Netflix's audio-only mode could threaten podcasting
"Letterman walks out. Onstage blows a kiss to the crowd grabs a might cover much. Thank you takes the mic office. Stand to see you move over. Podcasting net flicks is rolling out an audio only mode to the android app. The app also has variable speed playback and a feature called audio description. Which as you've just heard tells you what's happening on screen. The company will hope you. Don't listen to a podcast when you can listen to a movie or tv show instead. Try and digital has released the latest podcast report. The data covers most of november. The top five remains unchanged with npr at number one total downloads from the top ten publishers drops by more than five percent in a month that included the us presidential election and thanksgiving an incomplete rancor it measures participating publishers only and notably not iheart radio. Edison research published their ten for twenty compilation of their biggest findings from twenty twenty expects audio consumption spoken word and us election voting willing to that from our show notes now newsletter today story board and enterprise podcast and hosting platform has raised four point. Five million dollars in funding bryant barletta. The first sounds profitable deep dive yesterday. Looking at pod scribe. It's free to watch on the profitable website. Espn podcasting had a record year with ninety six point five million downloads in october alone. They say vox media studios to double the amount of shows it makes and plans to bring in one hundred million dollars in revenue in two thousand and twenty one. Steve hand wonders if independent podcasting has peaked. He was formerly at google's audio mused division at a us public radio. Nick held him to. Is broadly pessimistic about the podcast industry available content massively exceeds available interest. He claims and the changes in the industry in two twenty are a long way from won't made podcasts. Special he says and captivate has launched show notes snippets a simple way to at creatine snippets to your show notes. I'm an adviser. What does it take good and effective secretary. The president's cabinet well first of all congratulations. I'm thrilled by news that you're going to be nominated. That's a clip. From the deciding decade with pete buttigieg who learned had been nominated as transport secretary while he was doing a podcast with hillary clinton podcast. One australia has lost a show. And russia's podcast 'em salvation will become an independent production in two thousand and twenty one. She describes her relationship with sea. Who owned podcast one in australia as an abusive relationship. I keep going back to sa hired. Her for short lived stint on the ailing today. A famine sydney one in a list of underinvested breakfast shows on the formerly market leading station. Crooked media's wind of changes to be adapted for television says deadline and a sports podcast has crowd funded over one hundred thirty five thousand dollars in two weeks that tennis podcast has received funding from nearly one thousand two hundred listeners in the uk. It's been going since two thousand twelve
Passenger in Offset's car arrested for concealed weapon
"Dirty story over the weekend to offset detained by police while driving through a trump rally in beverly hills. This was Saturday afternoon. He actually took out his phone in recorded himself being pulled over share the video instagram alive he refused to step out of a car while being questioned by cops one of whom had a weapon drawn and I'm GonNa play his video in just a second the officer started off by telling offset. There had been a report that he was weaving guns at people as he drove through the area looking at me like that Bro. Medina turned. Telling you. Do it, but you got so Gaza. I I'm not I stayed with. Her driver I'm giving you more take your right hand turn off the I'm not doing no orders. You got guys outpointing. Turn Journal. On. Asking you to do I'm not gonNA WANNA because you've got guys. That's my choice nothing to move my half of my world this. Guys were wait somebody was told that I'm celebrity I offset from the Migos they bears that's why they following me. WHY WE'RE HERE Waving. The flag. What are you talking about? told me to my hair's up I'm not doing that you put my hands on twenty five thousand people. Public. Movement. Reiterate offset. said that trump supporters had his car with the flag pretty be was when this all went down and for the record, it was actually Cardi's cousin Marcello. Who is waving guns at people he ultimately was arrested. The cousin has now been charged with carrying a concealed weapon and carrying a loaded firearm and public. So he is being held on like thirty five thousand dollars moments before this happened on Cardi's instagram live. Videotaping some of the people that were in that. Trump rally to the time, but she was not in the same car with him.
The Surprising Truth About Environmentalists and Voting
"Nathaniel I'm really excited to have you on the show today. I have never seen so much discussion about get out the vote efforts around a midterm election. So were really here. We're really happy to have you here in excited to have you on the show. Well thank you jacqueline and thank you Ramesh I'm I'm really excited to be here with you guys. So, do you do you feel like we're seeing something different in this election we keep hearing all these projections about how college students are really GonNa vote this time and You know the projected voter turnout is really high in various places and I think I just read an article that my home state of Vermont has something like a ninety two percent. Voter registration rate for the state, which is crazy. Awesome. So do you do you feel something's different? Are we going to see a shift from the from the recent past? Yes. I absolutely feel like something is different. A field director just told me about an hour ago that a million people have already voted in Florida so far as also voting. and they're in person early voting hasn't started yet. So all of these people are people who requested that ballots be mailed to them. And have already made them back in and just to put that number in context just to give you a denominator I think barely six million people voted in the twenty fourteen midterms and Florida. So the hot a million people have already voted mean something's going on now who are those people that I can't tell you? I can't tell you with whether these are young people storm in the polls or liberals or conservatives I don't know. But you're right that there's a new energy going on this time around. Suspending of demographics mean you focus mostly on on kind of an untapped group, the the environmental movements, and we often think of environmentalists is really active in terms of making lifestyle choices. giving up meat or dairy, or or abandoning abandoning your car for a bicycle that takes a lot of effort and a lot more than going to the polls. So my question for you is, how are we doing? Are we actually voting as a group? Jacqueline you you ask the the sixty four, thousand dollar question no, we're not we're not laugh. Yeah environmentalists awful voters. I'm not going to sugarcoat it. We. We've done a lot of research on this and it's pretty easy to measure because weather you vote or not, and a lot of Americans don't know this. Whether you voter not as public, record. Now. I'll never be able to look up who Ramesh voted for or who jacqueline voted for but I can absolutely look up which elections you vote in in which elections you don't. And so people are able to run large polls and build predictive models and identify all the environmentalists in various states. And it turns out. That environmentalists. Habitually under vote they vote far less often than the average voter in almost every other state and just to give you some context here, I'll use say the two thousand, sixteen presidential election as an example. In two, thousand, sixteen, Sixteen, nine percent of registered voters voted. But only fifty percent of environmentalists did. Wow Yeah and if you go back to twenty fourteen, it's even worse. Forty four percent of registered voters voted but only twenty one percent of environmentalists did. Okay. So the obvious follow up question there is why? Yeah. Why? Is that one hundred, thirty, five, thousand dollars. That's Before thousand. In one dollars. So we know some of the reasons but only some of the reasons. So part of what's going on here is just demographic correlations so I don't know what the Environmental Movement was like ten twenty thirty years ago but. It certainly isn't now. What People Imagine as the stereotypical environmentalist. The typical environmentalists now is not well, it's not me it's not some white Yuppie who hops into their electric vehicle to get to their job downtown. people who deeply care about climate and the environment are now much more likely to make less than fifty thousand dollars a year. Be African American or Latino, and live within five miles of an urban core end they are predominantly younger but that's not. Not so much the case anymore. And all of those demographic groups that I just mentioned right now. Vote less often than the average American. So part of what's going on here is just that environmentalists are likely to be part of demographic groups that just habitually under vote. But the really interesting thing. Is that's not all that's going on here because even if you look at just young. Environmentalists vote less often than the other young people. Were even if you've looked just at Latinos, the Environmental Latinos vote less often than the other Latinos. So something else is going on here and the honest answer guys is we don't know what it is because it's really easy for behavioral scientists to measure why someone takes an action. So it's really easy to set up an experiment to to figure out how to get someone to vote. What's really hard? is to figure out the opposite. What's really hard is to set up an experiment to figure out why people don't take an action like exercising or voting or or vaccinating their children or something like that. the best you can do is ask them. And when we ask environmentalists why they're not voting. They lied their pants off. They lie France off and so and I'm. That other people or So, so no not more than other people and that's a good question but no, I mean no matter how you ask the question if you try to determine why people don't vote. The responses they'll give. Our responses that they think you want to hear. What we've realized is that even non voters still buy into the societal norm that voting is a good thing. So everybody wants to be known as a voter. Just, like everybody wants you to think that they brush your teeth, brush their teeth or or wash their hands every time or something like that. This voting is a societal norm that we all buy into and so I ask people why they don't vote. They will often before they even give you an excuse guys. They will lie their pants off and say, Oh, no, I vote all the time Jacqueline. And we that's a lie because whether you voted not as public record, right? These people looking at their voting histories and we know that they've never voted their entire lives and they swear up and down all the time that they vote whenever there's an election and so. The honest answer to your question and it's a good one is. We. Don't know why environmentalists aren't voting, but we've got some good ideas as to how to get them
How to Not Have a Lost Decade
"Welcome money for the rest of this is a personal finance show on money how it works how to invest it and live without worrying about it. We host David Stein today's episode three, fourteen it's titled Don't have a lost decade. Recently, got an email from a new plus member. He says he's treating the material on the website like an online college course but he had a question he wrote that he's approaching a crossroad in his life and he would like to prepare himself for that crossroad. He works at one of the Best Public Gardens in us as a horticulturalist he's been there three years makes forty three thousand dollars per year has four weeks of vacation full healthcare and Hsa they have a four zero three. B. Defined contribution plan where he gets a six percent match his boss enjoy working with him and he enjoys his job. This member also has his own business, a lifestyle business providing premium horticulture services for high end properties. He started in two thousand nineteen gross four thousand dollars and anticipate grossing twelve thousand dollars this year he has no debt. The only thing he owns he says, that is worth. Any money is an old pickup truck that's worth about three thousand. Is roughly eighteen thousand, five hundred dollars in his defined contribution plan and using the online tools on money for the rest of US plus. That, he's on track to retire in his early sixties. y'All says about two thousand dollars in a savings account pays two percent and about fifteen hundred dollars in a wealth front Robo Advisor. Account. He's living on about eighteen to twenty thousand dollars a year. After contributing to is defined contribution plan and health savings account, he brings home about twenty, eight, thousand dollars but that doesn't include is overtime bonuses or the work in his business. After taxes and contribution he estimates that he's bringing home about thirty, five, thousand dollars with everything, which means potentially he could save fifteen to seventeen thousand dollars per year and certainly ten thousand dollars per year. He writes for the first time in my life I'm not living paycheck to paycheck am planning for the future. The business I own. Now as a hobby passion, I turned profitable. It has been a great space for me to learn and have done a lot of just that but it ultimately is a glorified landscaping business. What they really want to own is a retail nursery that one day will become an event, an education centre as well. I turned thirty two months. I thought at this point I would go beyond an entry level position. I thought I would own my own house and maybe own a business full-time. Those goals seem so far away. The question I want to pose to you is, how do I get from where I am today to owning a five to ten acre property that can use to develop into my next lifestyle business as soon as possible Had An additional investment question that address in a few minutes. I he's not in an entry level position. He is a master, her cultures he's studied it. He learned a lot of those skills working at an organic farm and Tasmania. Got, his university degree. He was admitted to a professional horticulture program at the Public Garden where he works, he is very, very skilled in all aspects of landscape design and gardening. and. There are a lot of people that would be very envious that he has his amazing job working in horticulture and one where he can listen to a lot of podcast which he does. In order to answer question I want to compare to couples I know I've known for about a decade. This particular members approaching thirty. He's looking out over the next decade. What has to happen so that he doesn't have a lost decade and can reach goals I'm positive he can reach his goals.
What if lifesaving prescriptions were affordable for all
"Hi Hugh Ted Talks Daily today a super cool idea to ensure people have access to the medicines they need to survive and thrive Kia Williams the founder of the nonprofit serum saw both a problem and a solution that exists in the pharmaceutical space and her idea link. The two together should explain in her talk from Ted Twenty twenty. Every day in this country families are forced to make impossible choices when it comes to their healthcare. Like Kimberly who said? There is time I to choose between my food and my pills. It wasn't luxury stuff because I didn't make that much. It was like, can I get shampoo or conditioner? Things you take for granted and Debbie. Who Said you put your medicine in one hand your living costs in the other. Okay. Well, what am I going to do? Am I GONNA get my medicine or am I gonNA pay my bills? Will. I can't live without my medicine but I can't live if I don't pay my bills ten thousand people die every month in this country because they don't take the medicine that they need. More people die from not taking medications than. Overdoses and car accidents combined. But you can't take medicine if you can't afford it. Today the average household spends three thousand dollars a year on medications about a third of folks who are uninsured said that they stopped taking medicine as prescribed because of cost even folks with insurance. If they make under thirty, five, thousand dollars a year half of them report skipping the medications if their insurance doesn't cover it. So there are. Million adults like Kimberly in like Debbie who are forced to make impossible choices every day. We all know that prescription drug prices are too high. In our healthcare system that makes some folks uninsured and other folks underinsured doesn't prioritize people who need access now and need medications. Now, ten million, it's a big number, but it's also a solvable number because there's also ten billion dollars of perfectly good unused medication that goes to waste. So this is an injustice onto sides people not getting the medicine that they need to survive and to thrive. In, that very same medication being sent to a medical waste incinerator to be destroyed this waste is unconscionable, but it also offers an opportunity I started serum a not for profit technology company with my co founders Adam and George. To turn discarded medications into a lifeline, we may not be able to fix all the ways in which our healthcare system is failing us, but we can fix this one. Medications come from manufacturers wholesalers who have safety stock, and when it's short dated, they destroy it. It also comes from healthcare facilities like fiddles pharmacies in nursing homes who end up with surplus when a patient stops taking medication or when they pass away. We can use this untapped source of medications to supply all ten million people who need medications, and we can do this today. Serum get surplus medications by putting recycling bins into the hundreds of facilities that have surplus they fill the been and when the boxes full serum initiates a courier pickup to pick up that medication in we handle the shipping the tracking the manifests in the tax receipt medicine donors want to donate because it's actually cheaper and easier than the highly regulated medicine destruction process. And they're strong tax incentives to actually donate. We then deliver those donated medications to people who needed a new prescription comes in in our platform matches that patient need with the inventory that's available. Our platform then generates a warehouse pick lists. The medications are picked in the prescription spills. We are building the twenty-first-century pharmacy experience that low income families deserve patients can register in under five minutes and have access to over five hundred different medications A. Stable list of medications for everything from heart disease to mental health conditions
Novelist Donald Ray Pollock On Factory Work And Finding Fiction Later In Life
"Today's first guest is author Donald Ray Pollock, whose novel the devil all the time has just been made into a new netflix movie premiering next Wednesday. It Stars Tom Holland and Robert Pattinson, and here's a taste in this clip. A young boy has just watched his father pulverized two guys after they made lewd comments about the father's wife, the son's mother. Afterward the father gives his son some advice. You remember what I told you. On. The buzzer gave you. That's what I mean. got. To. Sir. Good sons of bitches out there. One hundred. These that many. Cannonball. In, both the movie and the novel the characters in the devil all the time are driven to extremes whether their fathers and sons, serial killers or preachers. The story begins in the small town of knock him stiff a real place in southern Ohio where Donald Ray pollock grew up. He didn't become a writer until he put in over thirty years at the local paper mill and got sober. But. Once he did start writing. He was noticed quickly receiving both awards and critical. Acclaim. Terry, gross spoke to Donald Ray pollock in twenty eleven when the devil, all the time was first published. Donald, Ray pollock welcome to fresh air. I'd like to start with reading from your new book, the Devil, all the time It's about the second paragraph from the prologue. So would you just set it up for us? What we have here is A young boy's name is Arvin Eugene Russell and he's following behind his father Willard and there and place called knock him stiff and they're going to Willard's prayer logging as a log in the woods where he Wants to communicate with God and So this is where they are. You know early in the morning and their. have finally reached this log. Willard eased himself down on the high side of the law and motion for his son to kneel beside him in the dead soggy leaves unless he had whiskey running through his veins Willard came to the clearing every morning and evening talk to God. Arvin didn't know which was worse the drinking or the praying. As far back, as he could remember, it seemed that his father had faulted devil all the time. Arvin little with the damp pulled his Co. tighter. He wished he were still in bed even school with always miseries was better than this but it was a Saturday and there was no way to get around it. Through the mostly bare trees beyond the cross Arvin could see whisper smoke rising from a few chimneys, half a mile away four hundred or so people lived in, knock him stiff in nineteen, fifty seven nearly all of them connected by blood through one godforsaken clam or another be it lust were necessity or just plain ignorance along with the tar paper shacks and Cinder Block houses the Holler included two general stores and a Church of Christ in Christian Union and joint known throughout the township as the bullpen. Three days before he'd come home with another black I I, don't condone no fighting just for the hell of it but sometimes, you're just too easy going Willard told him that evening then boys might be bigger than you. But the next time one of them starts his stuff, I want you to finish it. Willard was standing on the porch changing out of his work clothes. He handed Arvin Brown pants stiff with dried blood and Greece. He worked in a slaughterhouse in Greenfield and that day sixteen hundred homes had been butchered a new record for RJ Carol meat-packing. Those boy didn't know yet what he wanted to do when he grew up he was pretty sure he didn't WanNa kill pigs for eleven. Let's Donald Ray pollock reading from his new novel, the Devil, all the time. You know in the reading that you did the father tells the sun that the next time. So many beats him up the sun has to fight back and that seems to be. A recurring theme like in the opening story of your collection of short stories, the collections called knock him stiff. The opening sentence reads my father showed me how to hurt a man one August night at the torch in when I was seven years old it was the only thing he was ever any good at. You certainly seem interested in the idea of a father. Kind of indoctrinating a sun on the need to fight back and then egging on to do it even when it's inappropriate. so was is this a story that played out in your life? Well, not so much in my life I. Mean as far as I don't my dad really didn't push me to fight or anything like that. But you know when I was growing up my father and I had a very Uneasy relationship. You've got to understand my dad was born in one, thousand, nine, hundred, thirty he's still alive. You know he's eighty years old and he's still kicking but He was born in. Nineteen thirty grew up in the depression I went to the eighth grade. He was working on the railroad by the time he was sixteen, and then he was in the navy. And, my dad is a very tough. Hard. man Stra very strong man. As and in contrast to that, my mother is very shy kind. Small Bone woman. and. Either fortunately or unfortunately for me, I took after my mother and I believe. When I was a kid, my dad was. Maybe disappointed for not taking after him more. So. You know that's where I guess part of that comes from it and part of it also comes from. Lived in stiff. That's where I grew up and I saw a lot of other fathers who were you know drinkers and hell raisers and they didn't treat their families very well You know maybe they went and worked for a while and. I got enough money to go on another band or whatever, and pretty much left the family to take care of themselves. So, yeah father's have a pretty rough time and my work I just. It's just. You know I'm a father. You know I have a daughter WHO's I'm thirty years old now and I have always felt that I. Wasn't. As good as I could have been. Her mother and I were divorced when she was very young she was like a year old and and I wasn't around that much and. That's probably the best explanation. I can give for why treat father's like I do my work. Were you bullied in school. You said you, you took after your mother who wouldn't hurt a fly. So and if you were bullied, would you fight back? Did you know how to actually I wasn't bullied in school I? Never really had any problems with that and yeah, I. Mean a would fight back if I had to but. That situation you know didn't come about very much probably you know just. No more than any other normal kid you know might face that sort of thing. But. Yeah. I mean I wasn't really interested in Working on cars or farm or anything like that was more of A. I won't call myself a bookworm because we really didn't have that many books but you know I like to read and watch old movies and drawl and stuff like that and My Dad. Just you know he's a very practical man I mean, even today you know his idea of success is. Owning your own farm, starting your own business or something like that and I know that he probably looks on what I'm doing now is. A pretty useless way to spend your life trying to write books. Would you describe what the town of knock him stiff was like when you were growing up well, when I was growing up there it was. You know relocated for us. Ok we'll knock him stiff. is about thirteen miles west of chillicothe Theo, which is you know southern Ohio. It was its own little place. You know there wasn't much else around there but it was a community There were three small general stores and a bar and a church, and probably four hundred, fifty, five, hundred people now I probably was related to. At least half those people. So did you find this nurturing being in a town where half the people in it were related to you or incredibly claustrophobic? I think when I was a kid when I was a kid I was claustrophobic for me. You know I was one of those kids I was always unsatisfied I always wanted to be. Else and somewhere else. And so from a very early age. You know I was thinking about escaping from the hauler. I just Thought that I'd rather be somewhere else are somewhere else. But where you are as in Chile coffee which is. PHILADELPHIA, which is about thirteen miles away like you got out but you didn't go very far. I, really didn't get out I mean that's the weird contradiction of that whole thing you know i. Wanted to escape and them what I finally got my chance or whatever I. I chose to stay I'm out at knock stiff at least once a week even today Ladder parents go to visit. My parents are still alive. You know I have a brother and two sisters and they all live fairly close to there and So I. Think though as far as escape goes what happened with me was I quit high school when I was seventeen. And I went to work in a meat packing plant much like Weller work, Dan? And then when I was eighteen I moved to Florida you know that was going to be I was going to get away that you know by moving to Florida and I was down are working a job in a nursery and I wasn't making much money or anything only been there a few months my dad called and said. Hey, I can get you a job at the paper mail if you come back up here so. I chose to come back. You know the paper Mills Calling it was union job and great benefits and. And I knew you know for a high school dropout that was probably going to be the best job I. Ever got. You had that job for. How many years did you work at the paper mill? I? was there thirty two years and you didn't start writing till you were around fifty or is that is fifth well I'm fifty six now and I started writing when I was forty five. Okay. So how come it took so long did you know? When you weren't writing did you know that you had that in you? Well. You know I'd always been a big reader as I said and I love books. And I think maybe in the back of my mind, you know always thought writing would be a great way to get by in the world and you know, of course, I was very naive about it. The principal reasons for me you know as far as being a writer were one, you were your own boss. To you could do it anywhere. And three, you made lots of money. Wasn't until actually began writing it. I found out. That was a real true. But I. Think you know Sorta like maybe a fantasy that? It was in the back of my mind for a long time. I had a problem with drinking and for a number of years and you know it was one of those fantasies that when you got half loaded and You started daydreaming or whatever it was. One of those things that you thought about right thought about. But it wasn't really. You know I went to school when I was in my thirties I went to college I went to Ohio University and I ended up with a degree in English and You. Know even while I was there though I wasn't thinking about being a writer I never took any writing workshops or anything like that. But then finally when I was forty five my dad retired from the paper mill. And there was just something about watching him retire and go home. and. You know that was you know pretty much the end of his career and it really. Bothered me and I. Just. decided. I had to try something else you know. To some other way to. Spend the rest of my life. So. When you decided, you wanted to learn how to write what did that mean? Any. Writers or anything in for a while I just sort of scribbled and struggled. And then I'd read an interview with a writer and I can't recall her name now or no it was a lady. But she talked about typing out other people's stories as a means of maybe getting closer to them or just learn how to put a story together. and. So I started doing that. Who did you type out? I typed out a lot of different stories I. I was typing out a story at least once a week and that went on for about a year and a half. So John. cheever hemingway. Flannery. O'Connor Richard. Yates Dennis Johnson the you know the list just goes on and on if it was a story that I really liked and it wasn't. Long I, type it out, and then I carry it around with me for a week and you look at over and you know jot notes on stuff like that, and then I'd throw it away and do another one. Typing a story out, just was a much better way for me to see how you know person puts dial together or you know. Moose from one scene to the next that sort of thing. Was it hard for you to find your subject matter as a writer? Well when I first started. Trying to learn how to write. As. I said like maybe I would copy out John cheever story. So then I would try to write my own story about some East Coast suburbanite having unfair. Something like that or maybe I'd write about a re Rita Andrei debut story, and then I'd write about a Catholic priest. and. So I did that for maybe two years or so and it just wasn't working at all for me. and. Then filing maybe at about two and a half years, I wrote a story that's included in the book. Knock him stiff called back teen. And it's a very short story. and. It's about these two losers sitting in a donut shop. And that was the first thing that I had. Written that I thought wasn't too bad. And so then I increasingly started focusing on you know the people that I knew about instead of nurses, lawyers, that sort of thing that I had absolutely no idea. How to write about There's a passage in your new novel that's about a bus driver and the bus drivers father had gotten a certificate from the railroad for not missing a single day of work in twenty years and bus drivers. Mother always held this up as like what you could do. If you really you know were strive and tried to accomplish something when the bus drivers father died the bus driver hope that that certificate would be buried with his father's. We didn't have to look at it anymore, but instead his mother just like. Put It on the wall, display it in the living room. And then the bus driver thinks it wore on you after a while other people's accomplishments. I love that sentence did you ever feel that way I mean he kochman here seems. So relatively small like a good attendance record and not to knock that. But for that to be like, you know the zenith of somebody's life is. You. but did you feel that way that a war on you? Other People's accomplishments? I don't think that I paid so much attention to other people's. Successes or whatever. But I, know that I was aware you know by the time. I was thirty two or so and I've been working at the mail for about fourteen years. And I knew that all the guys that I had come in with you got hired about the same time as mayor guys even much later than that. You know they own their own home. Maybe. They owned a boat and they had two or three vehicles and they were married and had kids and on and on and on. You know in contrast to them. I've been divorced twice. I'd filed bankruptcy when I got sober I was living in this little very small apartment above this garage. Of. Motel Room and I've been living there for about. Four or five years. I owned a black and white TV that my sister had given me and I had this seventy six chevy that had the whole side of smashed in and that was it. You know for fourteen years of working there. That's what I had. And so you know there was that sense I guess of me just being a failure. Wasn't really that I wasn't jealous of those people or anything like that. I, mean I had enough sense to know that you know where I ended up was my own fault. But there was always that that idea in back of my head that. I could have done more you know I could maybe went to college or something you know. I'm sure you know if I'd wanted to go to school when I was eighteen, my dad would try to help me. and. That's not the route that I chose though how has your life changed? Now as a published writer, you have a collection of short stories. You have a new novel you got a thirty five thousand dollars cash prize, the pen, Robert Bingham Award. So, what's different about your life? well, I have a lot more time to just set on the porch and. Smoke and daydream. Think it's a legitimate. Yeah well, at least that's what I tell my wife. But my life hasn't really changed that much I. Mean I get a lot more emails. Now you know that sort of thing, but you know I still live in the same house I still pretty much. You know my daily routine is. I really can't say that it's changed that much. It's a good life and I'm thrilled that you know I've got a publisher and. You know had at least a little bit of success. You know I know a lot of writers out there a lot of writers out there who are much better than I am. And would. Probably give their left arm. To be setting, you know where I'm setting today. Well Donald Ray, pollock thing you so much for talking with us. Terry I appreciate. It. Made my day. Donald Ray pollock speaking to Terry Gross in twenty eleven. The devil all the time a new movie based on his novel of the same name.
Mastering Money With the Budgetnista
"So. Tiffany. Let's start with your personal story. So we're currently in third recession of the century. But I'm guessing that you're doing just fine partially at least because of the lessons you learned during the last recession to tell us a little bit about your history, what the last recession was like for you and what has happened since then. Now. Certainly The last question caught me off guard i. Was Not prepared. I because quite honestly I was a schoolteacher and you know I was pretty confident. I'm like, I don't know that schoolteachers lose their jobs because you know we are essential workers, and now yet here we are back again. But Yeah I was a schoolteacher and I didn't move my job actually in two, thousand, eight when so many of my friends did but I let I lost it at the tail end of two, thousand nine. So it really took me by surprise but. Up until like I would say, twenty, five, twenty, six, I was what I called financially. Perfect. I grew up in a household. Money was talked about wasn't scared of talking about finances. Might author was a CFO OF A small nonprofit? He also had his NBA in economics, his his a in finance. My mom was a nurse and we literally used to have money meeting so. I. Didn't grow up with the angst that most people did. So by the time, I was twenty five even though. I was teaching preschool wasn't making much. I think I was making like forty thousand dollars a year By the time I was twenty, five ahead. Forty thousand saved bought a Condo I. I had an ADL to I. Think Credit Score at didn't have any credit card debt. I paid off like my parents helped with my undergrad degree plus. I commuted. So what I did haven't stood alone. I was able to pay that off a few years after school. So financially perfect like okay. So I honestly couldn't relate although I was helping my friends with their budgets savings and things like that. I couldn't relate to the mistakes because I had not yet need them but I was going to then. When I was twenty six, I went on to get my masters in education and I was like, okay. So you now you went from no debt to a mortgage, not so bad. I had a a you know student loans because my master's not so bad. But by twenty six, I said, okay. Now, I'm ready to learn to invest and instead of asking my father who has literally two degrees in years of experience I'm GonNa ask a friend of mine. and. So I asked a friend of mine who appeared to be independently wealthy because he had like a really nice car. and. Like a like a fancy apartment he's well I think Spurs. You have to learn to invest with other people's money at. My money. So what he postulated as is that. Do, you have credit card said, yes. But I paid off in full every month because as instructed by my father, he was like well, did you know you could pull money off a credit card? I, did not know that. So he said not only can you pull off one? You could pull it off to I was like double the mistake. Let's do it. So I pulled off twenty thousand dollars off of my credit cards and I went to invest with him what's to say? That didn't happen I. ENDED UP Thirty, five thousand dollars in credit card debt when I didn't have credit card debt prior and I just remember thinking a first year. I said didn't want to take responsibility for the mistake that I made I did not tell my dad or my mom. But I pay just a minimum because I said, you know what? He's going to come back or he's GonNa. Take care of this because it's not my fault of Ansel from age twenty seven I didn't do anything. Well, twenty, seven night out the money twenty eight, just pay the maximum finally twenty nine, I said all right I'm GONNA pay off this debt just going to buckle down I live pretty frequently anyway, and then twenty nine is when I lost my job. So. Now, I've got a mortgage student loan credit card debt and I was like, okay, I don't know what to do. I've never been in the situation. So. Fallon to this light dark hole of like spiral like because I'm twenty nine going on thirty I've lost everything as far as I can tales financially. So I ended up moving back home with my parents without telling them why they knew it was the recession obviously, and they also knew I lost my job, but they didn't know. ABOUT CREDIT CARD DEBT Live with them for year than I. Am I live with my sister on her couch for year, try to figure out my life because back. Then now we're getting the six hundred dollars a week on our stimulus stimulus check. But what was happening then as they just extended unemployment typically, you can get unemployment for up to a year. They extended to two years. So I said, okay, you have two years to. To figure out what are you going to do with your life I was afraid to go back to work for someone because I thought it, you can lose a job as a preschool teacher essential. Then that's not safe. What could be safe? So I tried a bunch of different things I tried on party promoting party planning I volunteered everywhere I can think of, but while doing so I was helping my friends. But save get out of debt all these things in one day. My friend said, you should turn that into a business and I'm like you. Now I had gone to school my bachelor's degrees in business, but I hadn't used it. And so I, tried to charge people one on one. Only to find the people that you're actually helping with your budget. The reason why they hired us because they don't have any money. So that was a bad business. So I, switched my business model to one too few and I worked on getting contracts and I got my first contract with the United, way? And I rose excited 'cause they were going to pay me I think like. Three, or four, hundred dollars a class and I had a six week course that I'd written. For them, and so I did, and that was like my first. Okay. Maybe I can really make a run at this My little sister gave me the nickname, the budget. So that became because she said like, I'm not like the fashion. Easter. Who is really fashionable, but I am very cheap so
Income Share Agreements - Good For Students or Investors?
"Welcome money for the rest of us. This is a personal finance show on money how it works, how to invest it and how to live without worrying about it. We host David Stein today's episode three seven. It's titled Income Share Agreements. Good for students. Or. Investors. Over five years ago and upset forty-five of money for the rest of us. I introduced income share agreement as a way to partially fund college. An income share agreement is a contract where individuals agree to pay a certain percentage of their income for a set period of time in exchange for an upfront payment that is usually used to pay for education cost but can be used for other things. For example, a line income share funding says that you can get an essay for home repairs, debt consolidation, paying a medical bill or even planning your wedding. Not sure I would do it income share agreement for most of those things. They are traditionally us to invest in what is known as human capital, our ability to earn money by getting more. Education. Another name for income share agreements is human capital contracts. Income share agreements were first proposed by the economist Milton Freeman in a nineteen, fifty, five essay titled The Role of Government in education. He wrote vocational or professional education is a form of investment in human capital precisely analogous to investment in machinery buildings are forms, of non human capital. Its function is to raise economic productivity of the human being. If it does. So the individual is rewarded in a free enterprise society by receiving a higher return for his services than he would. Be Able to command. We discussed this concept summit upset to forty five is college worth it. And determined, there is a positive financial return in investing in human capital. By attending college, you can earn more, you build your social capital, your network you gain knowledge. Having a college degree allows you to pass filters that many companies put in place with their hiring practice in that, they only hire individuals with college degrees. Freeman continued. If a fixed money loan is made to finance investment in physical capital, the lender can get some security for his loan in the form of a mortgage or a residual claim to the physical asset itself, and he can count on realizing at least part of its investment in case of necessity by selling the physical asset. In other words, the lender has some collateral that could be sold in the case of default. But Freeman a problem if the loan is made to invest in human capital. He writes the lender clearly cannot get any comparable security in a non slave state the individual embodying the investment cannot be bought and sold. Freeman then pointed out that because there isn't collateral that the interest rate charged on student loan would have to be sufficiently high to compensate for the capital loss because there wouldn't be collateral and that the interest rate would have to be so high making the loans unattractive to borrowers. Now. A solution was found. Federal guaranteed student loans. The total US Student Loan Dad. Private and federal is one point six, four, trillion dollars. Only a hundred and twenty, four, billion of that one point six trillion is private. The average federal student loan debt balance is thirty, five, thousand dollars and the default rate is high. Eleven point one percent. It's particularly challenging for individuals that have taken on a lot of student loan debt to pay off. A Brookings Institution study from two thousand eighteen found that the median borrower who had less than fifty thousand dollars in student loan debt in the early two thousands paid off the debt within ten years. While the median borrower, they had more than fifty thousand dollars in student loan debt ten years later still owed about seventy, five percent and most of the students falling behind on their student loan debt are those that have a balanced greater than fifty thousand dollars. Friedman's proposed solution income share agreements. They weren't necessarily called that, but he said that. A contract could be structure where an investor would buy a share in an individual's earnings prospects. To advance him, the funds needed to finance his training on condition that he agreed to pay the lender a specified fraction of his future earnings. In this way Friedman wrote, a lender would get back more than his initial investment from relatively successful individuals which would compensate for the failure to recoup his original investment from the unsuccessful. There seems no legal obstacle to private contracts of this kind even though they are economically equivalent to the purchase of a share in an individual's earning capacity and thus to partial slavery. These. Agreements have been criticized perhaps not slavery, but certainly indentured servitude. Although Miguel Palacios yet us in his book investing in Human Capital felt that the analogy to slavery or indentured servitude was incorrect because the students retain the full freedom of action they're not forced to stay in a given job or even a work in the field in which they trained in. So they have the ability to to work anywhere they want.
Rapper Kanye West files for Oklahoma presidential ballot
"Rapper Kanye west is qualified to appear on Oklahoma's presidential ballot in November but it's not clear if the celebrity is actually running for the nation's highest office you may recall in July fourth Kanye west announced he was going to challenge president trump in November although west is missed the filing deadline in a number of states he didn't get the paper work and the thirty five thousand dollar filing fee in on time for Oklahoma one of the musicians advisers had told New York magazine that west was out of the running but TMZ is reporting the west campaign has filed papers with the Federal Election Commission west too has said that he has bipolar disease told Forbes magazine earlier this month that if he wins he plans to model his White House on the fictional land in Black Panther adding let's get back to Wakanda I am Jackie Quinn
NASA Needs A Toilet That Works In Microgravity And Lunar Gravity
"I. Don't think we actually ended up talking about this yet. Even though it's been something that I think it was on several of our radars for quite some time now we always are getting into some of the unexpected ramifications from the Covid, nineteen situation and I don't know that these are related, but maybe the fact that we're focused on it now more than we would be if we weren't all under this pandemic situation, the fact that NASA is offering people a little side money, a little side Gig. I know you've seen this what he I think. They would like you to Come up with a toilet. NASA. The NASA by the way. The whatever it stands for North American space guys. Matt Sustain. National Aeronautical. Agency came very high and mighty when I didn't get mine anyway. We all know what NASA is. They have the lunar. Lou Challenge sees me. It's administration. I don't WanNa. Leave the people wrong. Lunar Lou Challenge I. Don't think we even said what it was so i. don't think we let anybody wrong the only way they. Yes, they would like to create A. For Space, specifically, it has to do with the moon and the base that they would like to build their. That's why they're calling it the lunar Lou. Qualified for that here's somebody from well. You may not be, but that doesn't mean everybody's not. Here's a dude from NASA explaining a little bit. Hollow it just was not animal tail. Astronauts do not take. The Apollo bad scenario again there's suction involved or any good seal, but. On for going number two, so it's not just sitting on a toilet and going. STRAPS and harnesses. So I you know I'm sure what he has all the answers because he studied how astronauts go to the bathroom for years now, but the headline and I've tweeted out the link by the way you could win thirty five thousand dollars. Maybe I should mention that right upfront which I gotta be honest doesn't sound like enough to me. You create a toilet that they use with NASA. Seems like there ought to be a little bit more donut for you, but thing says help astronauts go back to the moon and twenty twenty four NASA seeks new designs for a toilet that will work both in microgravity and in lunar gravity,
Unemployment And The Racial Divide
"A few months ago, a team of researchers from the J. P. Morgan Chase, institute and the University of Chicago put together a report from a huge new set of data and Stacey I hate sound too nerdy about this. You love data I know maybe I don't need this. But actually this data sat is really exciting and really quite extraordinarily. The data said that was put together for us for this study was very valuable and doing analysis. That wasn't possible before. That is economists, Damon Jones from the University of Chicago. Harris School of public policy, Damon is on that team of researchers, and basically he says the data come from about one point eight million J.. P. Morgan. Morgan Chase banking customers that is a huge sample which allows his team of researchers to see the different sources of income for families, this income can beat from things like your wages from your job, but also for example, a tax refund or unemployment insurance benefits, and the team can also see how families are spending their money almost in real time month to month or in some cases week. Week to week it's a view into how people make economic decisions, and crucially it lets researchers break down the data by race and ethnicity to offer a picture of the ways that different racial and ethnic households experienced the economy in different ways on one. The first findings that we've found looking at take home pay so that's how much is being directly deposited into your account. Is that we? We found on average that black and Hispanic families earned about seventy cents on the dollar when compared to their white counterparts, the median Hispanic family and the medium black family make roughly thirty five thousand dollars a year, the median white family about forty seven thousand dollars a, and that doesn't matter whether you look at the lowest earners or the highest earners are people who were in the middle. There's consistently a lower level of take home income for the black and Hispanic families, and another finding was that there are big disparities in the money that people have saved up and can use to pay their bills. This money is called liquid assets, liquid assets or things like cash. Your bank account things similar to cash
Human Life Is Literally Quieter Due To Coronavirus Lockdown
"Life on down inside our homes might be noisy outside. The streets and skies are noticeably quieter. And because there's less human sound out there. Many people are hearing more wildlife as invisible. Is Amy Wendell reports? The relationship between human noise and the rest of nature is often discordant. So is our quiet in this moment. Having any impact the Internet is humming with rumors of animals. Reclaiming cities and towns. Dolphins are allegedly swimming in Venetian canals. Black bears are supposedly rating trash cans in La and mountain. Goats have been seen descending the Welsh hills to stroll through town some of these quarantine silver lining stories have been debunked though for now at least the goats seem legit but other anecdotes about nature being more present in the absence of humans. Come from reliable sources. Npr's Eleanor Beardsley observed for the first time in years birds singing throughout Paris. But what really we've on is. I'm sitting by the San River right now on a sunny evening and I just heard a river bird like egrets on polls and stuff. Is that not wild? I have never heard that before. Yeah we can hear subtlety of life around us that we haven't heard in a long long time this is Bernie Krause. One of the founders of a field called soundscape ecology that studies. How all the sounds in an ecosystem interact with each other and with us. Crouse has been recording the natural world for more than fifty years and in that time he's observed lots of ways are noise is disruptive to wildlife to the fraud in Jeff. He tells this story of how back in the Nineteen Ninety S. He was recording thousands of frogs that gather in the spring at Mono Lake in California and Croke in unison Buddhist. Really big almost like all the little frogs have joined together to become one giant frog. It's actually a defense mechanism helps keep predators from locating and attacking individual frogs but cross says the military started doing test flights over mono basin and the roar of the jets would cause the frogs to fall out of sync. Say would take like forty five minutes before they could get in sync again and during that period of time we watched as a couple of great horned owls. Coyote came in and picked off a couple of frogs. Eventually this led to significant population decline. All because of a jet across says it's not just jets it's helicopters and chainsaws and tractors and traffic messages endless mounts of noise until now with billions of people stuck inside our noise. Sprint is dramatically quieter in Paris. For instance a group that monitors noise pollution saw as much as a ninety percent. Drop in human sounds since the city went on lockdown so how is this relative? Quiet impacting wildlife. There was a question trending on Google. Arbor D- singing louder. This is Megan goal. A sensory ecologist and professor at Vassar College. If anything I would actually guessed that the birds are not singing as loud. That's because goal says they aren't having to compete against human sound which could be a good thing for the birds for one thing. All explains noise has been shown to increase stress hormone responses in birds which affects immune function. So less noise right now might equal less illness plus birds living in bustling cities or even busy suburban neighborhoods. Have to expend a lot of energy singing louder so now that things are quieter she says the birds might have extra energy to us on different things like spending time foraging saving energy to feed your kids etc so possibly will see animals that have larger broods or healthier offspring. You might also get changes in how females are selecting meets now out of that speculation of course but I think there's a lot of really interesting things that could be happening while how this all plays out for wildlife is for the time being left to informed speculation one impact of our stillness is ringing clear as a bell so the earth is like literally humming underneath our feet that's right. Yep. Any for Seto is seismologist. Who recently observed along with colleagues in Brussels in California a huge drop in human caused vibrations on the Earth's crust it was impressive It was just a reminder that we as a civilization have a noticeable imprint on the world in ways that sometimes we don't appreciate I for one did not appreciate that. Humans rattle the earth like a tiny earthquake. But we do mostly from transportation automobiles planes trains even are walking registers on seismographs as a kind of constant static and now that static is way less noisy giving seismologists a unique opportunity to perhaps detect more subtle vibrations that usually get drowned out like the ones coming from inside volcanoes close to cities. I think it's an open question. How strong this changes? But it's something that I know. People in the seismology community are really interested in exploring and some scientists are attempting to measure this strange and profound sonic experiment above ground. The silent cities project is a call for scientists journalists artists. Really anyone with good enough audio equipment to record what they're hearing while stuck at home to me. It's very peaceful to walk and be able to hear liberty. Tiny sounds Amandine. Gas is a soundscape ecologist in France who helped create the project back insects moving in leaves for example. Does eating the flowers. Also it's spring right now so so increase also annoys the wildlife. Sounds you hear so far? Participants are recording one hundred and sixty one locations all over the world and the data an expected thirty five thousand dollars or more audio will be available for any researcher who wants to analyze it in the future. Listening to our new sound environment is not just for researchers though ecologist making gall says it can be for everyone one of potentially positive things that could come out of. This is that people are having a chance to interact with the world around them in a way that they may be having interacted with before and those interactions could lead people like eleanor. Beardsley to not only consider the wildlife around them now. The birds singing on the sun but help them keep it in mind as things get back to being noisier.
Supermarket throws out $35K of food after woman coughs on it
"This in Pennsylvania because the grocery store thirty five thousand dollars in food what they do it happened yesterday at the supermarket in Hanover township the co owner said the woman came into the store and proceeded to purposely cough on all the produce a section of the bakery the meat case other spots in the store estimated the food value was well over thirty five thousand dollars he also said Lee efforts are being made to make her be tested for corona virus the she's not
"thirty five thousand dollar" Discussed on WAAM Talk 1600
"Hundred thirty five thousand dollars in federal funds were used to organize a series of anti Israel events jointly held by Duke and university of North Carolina the events of spark questions from lawmakers not loud enough by the way others interrelationships between these American universities in nations such as Qatar the spend millions to influence the US education system do you think that has anything to do with the fact that Dearborn stand is pretty much getting a pass for having pretty much everyone in every school system discriminate against anything of the Muslim students and bring in Helal and stuff like that to think if he doesn't do it I wonder jade and by the way you think it's gone too far to get to it to stop that I do but don't stop trying the education department which should have been disbanded here three years ago is also investigating teacher training programs do held through its a Islamic studies center and the Middle East studies center underwritten by QF fi that's cutter of the color foundation international critics say these programs promote anti Israel bias No Way unfairly portrayed the Jewish state way actually away hugely way cutters spent well to tell you what you know what it's time for me I have to do this right now and I have to do this to your on the Dr on out to read his original roadside barbecue in the Irish ill get there and you look you're going to the chair it's one of the most beautiful and scenic places in the country with the best barbecue in the air gotta get Randy choose red and yellow flame barbecue trailer real Texas barbecue a real Texas trailer winner of the best ribs and barbecue ten years running the daily telegram best of one wake county regional full port pulled chicken its mouth watering.
"thirty five thousand dollar" Discussed on WNYC 93.9 FM
"His thirty five thousand dollar toilet yet Vestron faint he of the thirty five thousand dollar toilet that kind of behavior got thing fired up a pretty quickly he found himself running another bank called C. I. T. and that's where stain wise when his neighbor came calling so that banks that Stephen nutrients group bought off the government for zero dollars five years later he approached John saying he's upstairs neighbor and they agreed on a price three point four billion dollars but people was to be raised by this I mean didn't we just go through this whole crisis were banks were considered too big to fail and now we're going to create another make a bank run by this guy yeah and it would have been the first new mega banks since the bus okay so what happened when the news of the deal between the new chin and John Thain got out and how was seen the jolly involved well the new set off a ton of protest across the country homeowners in consumer advocate mobile lies to try to stop the sale that brings us back to sandy jolly she was one of the activists to force the federal reserve to hold a special hearing she testified about what happened to her family but in August twenty fifteen the sale went through anyway you want to give up in it's not in my nature to give up remember sandy had been fighting many chins bank for years and she still lost her family home then she paid tens of thousands of dollars in rent to live in that same house as she battled many agents bank sandy heard from a lot of other families hundreds of them families who had the same problem she did her phone rang off the hook with desperate people seeking advice well what I did learn along the way in losing every step of the way was I learned how to use every step of the way to the benefit of the next person so that it wouldn't happen to them and I should talk to these families were trying to hold on to their homes she realized this wasn't just her problem and I was just looking for a bigger solution an alternate solution because that's always when I'm trying to look for what are my next options sandy became convinced that the bank was constantly breaking the law and she wanted to do something about it so she went online and found David sure a Washington DC lawyer one of the top whistle blower attorneys in the country he specialized in a particular type of case representing people who say they have evidence the government has been defrauded my personal first conversation with sandy I remember because I remember her story is being different she wasn't a typical insider sure got his firm's private investigator involved the Czech sandy out and to be sure she was telling the truth he decided to take the case she was like in the industry or something she was someone whose parents were a victim of this fraud and I found that fascinating Cindy came armed with piles of documents she'd spent years accumulating about her own story and the other family she heard from the fraud sandy allege was really complicated there are a lot of consumer protections many chins bank was supposed to provide for families with reverse mortgages for example they were supposed to give the bears a chance to keep the house when elderly bar were died but sure this is the bank can follow these rules he says they broke the law she basically set up a system whereby this company would as quickly as possible immediately for close minu chin and build the government for his cross on the foreclosures for things like attorneys fees and appraisal costs because the foreclosure was improper those fees are not legitimate so is a couple of thousand dollars per house which may not sound like a lot but it added up to a hundred two hundred million dollars or something by the time that you know you at all like I told you earlier the government had agreed to back up all these bad mortgages even picking up these other costs if there was a foreclosure but if these foreclosures weren't legitimate and Steve minu chin would be breaking the law so David share called a friend in the US attorney's office and soon sandy was headed to Washington for a meeting at the justice department several members from Hyde the department of justice FBI agents and they grilled her for hours that's my recollection of the meeting I got very intimidated and after all that grilling the government decided.
"thirty five thousand dollar" Discussed on KOMO
"Retirement this is aging options with receiving a guy. and a girl summers journey receive in the studio this afternoon thanks so much for joining us I eat a lot of people get concerned about Alzheimer's Reggie but this article is interesting something called NPH mimics Alzheimer's disease all we'll talk about that because it it NPH is reversible Alzheimer's isn't it really is and then even though it sounds like this is some new news coming on and and the reality is it's not ten you news coming on this is banned the key is from many many different key for for many years eight years ago or so I dealt with this same exact issue with a client of mine and we've got a call today so let's get to the call and then after the call have for this segment next segment that's really cared on this article because this impacts more people than what one would think walking around with the wrong diagnosis thinking that there is no hole that's wrong absolutely here Steve are have a financial planner who is suggesting I take out a whole life insurance policy for five hundred thousand dollars it would cost me think thirty five thousand dollars a year nine thousand would go to the government and twenty six thousand dollars would go in the payment for the whole life insurance and I would pay that forever forever never never and then when I die my daughter would get the five hundred thousand dollar policy and any other accrued savings that's in that whole life policy and I'm wondering is this a good idea well you know that's a that's a interesting questions TV with full disclaimer I got to tell you I have a life insurance back on many many years my first job was with metropolitan life insurance companies and so unlike many of the other trainings I have inherently nothing against life insurance but some people.
"thirty five thousand dollar" Discussed on KTOK
"Than thirty five thousand dollars nineteen arrest in northern Oklahoma after a nationwide FBI led investigation into child sex trafficking Jim Forsyth reports also US attorney Trent shores says all of the suspects use the internet to reach out and engage child victims virtually any social media application any website any community gaming forum that your children may participate in could make them vulnerable could give a child predator access he says the suspects face charges in state and federal court he says in addition to the arrest for child victims of alleged sex trafficking in northern Oklahoma were rescued the city of Edmonds says the police shooting of a naked unarmed black teenager in April was justified the city filed its answer in Oklahoma City federal court in response to a civil rights lawsuit filed back in may by seventeen year old Isaiah Lewis's parents the city contains laws were shot after he was in their words ineffectively tasered police say Louis broke into a home and a sold at officers who had followed him inside and a taser didn't stop him when they didn't they shot him I'm Brian again in other news to former prison guards have been arrested Beth Myers reports two former guards who worked at the North Fork correctional center in fair have been arrested and charged with distributing methamphetamine this after a cell phone found on an inmate who was a gang member showed communication between me and made and one of the former guards thirty six year old Michael washer and forty two year old Travis washer are married and after the phone was found their housing canoe was searched and DO see officers found more than seventy grams of methamphetamine and eleven cell phones the washers space up to forty years in federal prison if they are convicted looks like we won't get.
"thirty five thousand dollar" Discussed on KSFO-AM
"Trump chives the New York Times. I'm John trout. Officials in Iran say they will further scale back commitments under the landmark nuclear deal, correspondent Frederick pike and reports, the Iranians had said they increase stockpiles of enriched uranium. Now, they say the airborne up that she would unlimited amount unclear how much exactly that is going to be military action against Iran, by the US is not off the table secretary of state. Mike Pompeo says Iran was behind Thursday strike in the Gulf of Oman. These were attacked by his law Republic of Iran, on commercial shipping, on the freedom of navigation with the clear intent to deny transit through the strait Pompeii. Oh, appearing on Fox News. Sunday also says military action is under consideration, but he stressed. His President Trump hopes to avoid getting into a war. I'm John Lawrence report resident Trump is accusing the New York Times of engaging virtual act of treason over what over reporting that indicates that the United States is tempted to infiltrate a Russia's power grid digitally. Implanting militias software. The president, clearly made unhappy sent out a series of fiery tweet suggesting the times may have committed treason important to point out in this reporting officials essentially sidestepped, the president net requiring his authority to go ahead with these activities since twenty fifteen American officials have pointed out that Russia has been trying to infiltrate the American power grid. So administration officials simply feel the United States is responding in kind to Russia, for Sanchez at the White House. The supreme court is throwing out in Oregon court ruling against bakers who refuse to make a wedding cake for same sex couple action this morning, by the justices keeps the case off their books and order state judges. To take a new look at the dispute which ended in a one hundred thirty five thousand dollar judgement against the baker's, Melissa.
"thirty five thousand dollar" Discussed on KOMO
"Komo news one thousand FM ninety seven seven Charlie Harker is at the editor's desk. I'm Bill O'neil infertility sice will be here at three o'clock with the Lisa Jappie. Some of the stories we're following for you right now. President Trump still considering the possibility of declaring a national emergency at the southern US border had a White House photo op the president says he's waiting to see what congress will do I walking El Chapo, Guzman's eleven week trial in Brooklyn New York, finally starting to wind down closing arguments began yesterday with the assistant US attorney reminding jurors of the amount of evidence they have against the accused Mexican drug Lord. Komo news time to forty six. Well, it is a popular website for homeowners considering putting their home up for sale now. Komo's Eric Heintz reports Zillow is improving its popular zest feature. Turns out the estimate is off by median of four point seven percent compared to the actual sale price of a Seattle area home, which the company says as a thirty five thousand dollar difference on the typical house. But the is awarded a one million dollar prize to the winners of a contest to improve its algorithm. The winning team came up with a way to beat Zillow's on data. Scientists to a better estimate the time supports the estimated median error rate of fourteen percent in two thousand six dropped to five point seven percent. When the contest began in mid two thousand seventeen to four and a half percent nationally today. Other websites like red thin and realtor dot com. Also offer their own home value estimates. Eric Heintz, KOMO news. A suspect a Missouri killing has been arrested here in Washington police in Joplin say US marshals took Thirty-three-year-old Michael Osborne into custody Wednesday night. He's charged with first degree murder in the death of Twenty-seven-year-old, Sean rockers police say Osborne stabbed rockers earlier this month during an argument, Saint Louis police department being criticized for the way it handled the investigation into the shooting death of one of its own officers,.
"thirty five thousand dollar" Discussed on The Dave Ramsey Show
"Thirty five thousand dollars a year. And that is their only income. He's living in his mom's house. And now she is very upset because she thought that she was going to be taking care of by him. And so they're both coming from different sides asking for advice from me. And my first thought was oh, boy, what would a good a long day. So so what he's supposed to take care of his mother. Supposed to take care of his body. He brought his wife over from a different country. Honestly, it'd be lives in his mother's house. And so the disagreement is what? She wants to be she wants him to be more independent. She wants to have a place of their own, but she doesn't have the money for it. And so yes, okay. Well, they make thirty five thousand dollars a year. Right. Yeah. And when she go into work. At we're really not sure she in in her home country. She was a psychologist. She had the start of tation, and she now has to get recertified in the United States and order to continue that and she then workers something else while that's happening though. Yeah. And she's she's being very stubborn like right now, they're not even living together. And he's giving her all these different options on we're married. Not living together. Now that just got married. Yes. Well, so he's he's been taken to the cleaners a mail order brides. What's happened? Pretty much, but her her family is actually here. She does have family members that live right next door to my parents law, which is how they met. But. And the family is very much for your question. I mean, this guy has marriage trouble. And it sounds like he's been scammed. So how are you going to help him? I don't think you can help him. He's trying to figure out how they can how can make her happy and chain figure out. We've already figured out. What makes her happy? Do you ever everything she wants, and then some and that's called Princess syndrome? So no, you can't you can't make apprentice happy princesses have to grow up and become women. What would I have to tell her just put on our big girl Taylor anything? She hadn't asking you. He was actually she. She a message the other. Yeah. And and that's the other thing is that she's she doesn't speak any English. So we have to speak through Google translate for everything. And she's she's having a hard time coping with that fact as well. So. Yeah..
"thirty five thousand dollar" Discussed on 710 WOR
"Mike starts off this hour in battle creek Michigan. Hey, mike. How are you? Pretty good about you better than I deserve. What's up? Save my dollars. So. One starting to pay off my debt. My question is I owe about thirty five thousand dollars to the IRS. I'm also behind on my property taxes. So do I put those in front of my other debt or do? I. How much do you owe on property taxes? About four thousand. Okay. And what's your household income? Right around seventy five. Okay. Why are you thirty five thousand behind with the KGB? I mean, the IRS. I owned a business, and I find that they kept getting more and more and businesses had to just give it up, but I kept on to it longer than I should about. And you didn't keep up with your taxes. Okay. No. I didn't by a lot of illness in my family. And I wasn't able to don't you? Are you do you have that on an installment plan right now? Yes. I do good. Okay. As long as you're paying that. They generally will not jump in and screw up your life to severely. So. Yeah, I'm going to clear up the property taxes for first. And then the IRS second for this reason. Number one, the property taxes are significantly smaller. And you'll be able to knock them out pretty quick and be done with it. Number two. You've got the IRS on an installment plan. So they're not gonna come after you they property taxes will though if you don't pay you're gonna have a problem. So yeah, I'm gonna go ahead and clear that and then I'm gonna work on the IRS. And then I'm gonna work on the rest of my dad's. But let's clear the IRS before you, call your any other debts. It's gonna take you a little while. But you need to really roll up your sleeves and say, we're going to cut everything in sight and get this paid off as fast as we possibly can John is in San Francisco. I John how are you? Pretty good. How are you doing better than I deserve? What's up? Great. Hey, so I don't know if you know anything about the bay area, but incredibly expensive like the top three in the United States. Live. Working at work here in the bay area where do not live in idol live about now away take change about two months and a bunch of. So I kind of traveled to eighty four and a half hours per day. My wife, and I live in. We've just had a new baby. Congratulations. I'm trying to figure out. Kind of move away from here and get to another state where it's cheaper to live right now. I about twelve on my monthly rent. What do you do for a living? I worked in a shipping. Okay. And what are you making? Yeah. Now as well in the bit area. Like, I can't work anywhere else. How that necessarily? Well, yes to answer your question. I'm very familiar with obey area, real estate prices and Silicon Valley and everything else. Nellie in San Diego, California. Issue Manhattan, you know, same situation. And so, yeah, there are some of these markets, and so can valley's got a real problem. I mean, they're having problem getting just people that do service work because I can't afford to leave there. It's the same issue, and you know, but just on a regardless of the macro situation. In other words, the overall economic discussion regardless of that year, a young man with a baby and you're spending four and a half hours a day travelling to make fifty seven thousand dollars a year. Fun to me. Yeah..
"thirty five thousand dollar" Discussed on WSJ What's News
"They're aiming for and what the Wall Street is expecting. But and a lot of ways, you know, it's just been a huge challenge for the company to get the production of the model three going. This is kind of a broad question. Maybe too broad. But what's next for tesla? Just you know, try to keep punching and you know, reach their production goals, they did reach one. They finally reached the five thousand a week production goal for the model. Three. What do they have to do? Well, it's it's continuing to execute. They struggled last year and getting production going, and they're they're getting better at that. Now, the big issue for them is getting these vehicles in the hands of customers. They're taking these vehicles of the model three now to Europe, and they plan to start production in China of the model three which will help them there. It's really about executing and getting these vehicles coming out of the factory and soon to be factories. It a continual rate says a level of production that the company has never had before. And it's about being able to do it day after day. There was a lot of attention trying to reach that goal of five thousand model threes made a single week at the in the last seven days of June. It's still a figure that if you look at the average amount of vehic model threes produced in the fourth quarter they had thirteen weeks. And if you do the math they were little short of five thousand units week, though, I imagine that they had some downtime most likely. So you know, they they're getting it out rate. They still have. It got to the rate of ten thousand week which Alon Moskowitz said was a goal, and that'll be one of the next hurdles for them is to get to ten thousand vehicles being built on a weekly basis. I wonder if Tesla's receiving any blowback for, you know, promising the model three thirty five thousand dollars, and it's been at forty six. They're trying to get the price down has that affected demand, or you know, the share price the fact that the price hasn't come down. Well, there's speculation among analysts that a large number of people who have reservations in for the model. Three are waiting for that thirty five thousand dollar price, tag or our customers overseas. And so when tesla announced if they were lowering the price of the model three some analysts, and some investors took that as a signal that perhaps they tesla had reached the essentially the ceiling of customers out there willing to pay that higher price part of the challenge for tesla is Elon Musk has said that if they. Would have come out with the model three at thirty five thousand dollars that they would not have been sustainable. He is pushing his his team to reduce the cost of building that vehicle trying to to to pull out ways to make it cheaper. So that then he can lower the cost a Wall Street analyst at UBS last year estimated that a forty two thousand dollar model three would essentially be break even eking out an operating profit about six hundred seventy dollars. He also estimated that thirty five thousand dollar version of the model three with with lose about twenty three hundred dollars a car. So you can see there's a lot of room there that that Yuan musk needs to do to cut costs in the way that that model three is essentially priced together. And that's one of the challenges as well ahead of for tesla Wall Street Journal reporter, Tim Higgins, joining us from San Francisco. Thanks, tim. Thank you. And that's what's news. I'm. Charlie Turner in New York for the Wall Street Journal..
"thirty five thousand dollar" Discussed on GeekWire - Geared Up
"And just take you so what island right you get in to take you to what's on your calendar however that level of autonomy is currently against the law so a can't fit can't do even though it's equipped to do it it can't legally do it yet so they recommend you just use it on the freeway so you've been doing this oh yeah and you're here to tell the tale i'm here to tell us l i mean it's it's safe like when you think about it as human beings we have two is that face forward and we have brains that get easily distracted the car has eight cameras all around it and has sensors as well so it can see in multiple directions was i physically can't do but it also doesn't get distracted it's focus on one thing which is driving and right now again it's you know it it's interesting because it's like it's like a phone i've had the car for about a month and in that time i've had to software updates to suffer updates that make the selfdriving better and also other features in the car better so the car today does more than it did when i picked it up for example the latest software update allows me to from my app tell it the maximum speed that the car can go so if i'm lending the car i don't know my friends going to grab the car and head to the store because i have a party i can't leave grab my cargo grab more chips or something i can go into my app and say don't let this go over fifty miles an hour because i know between here in the store there's no reason to go any faster than that that wasn't available when i picked the car up so tesla's actually through time making the car better i gotta say i'm looking at a picture of you here by junior yeah on your instagram yeah follow andrew andy are you on andrew on instagram that's me so this is a beautiful car thanks to say you've got it's kind of grey's slate so that it's not sylvie nights silver metallic are nice so they have silver have been nice over so i got the dark silver sir wow so it's it's a beautiful car it actually is very similar to the color of my two thousand seventeen clamoring wavelength of but still very very much better i i like the shape of it the size of it how roomy is it inside it's actually very roomy and even gives you a feel of it being even more room than it is because the entire like yeah have windshield that goes all the way up within the entire roof always the back is glass and it's like you're in a helicopter or something like you can see the entire sky gas mileage there's no gas oh so there's no gas mileage because i can't believe i just ask that attempted to say strike that from the podcast over leaving that i think that i idi ac deserves to be broadcast i am oh that is that is that is the boneheaded on the week and really it's a high bar when i'm around you go gas mileage oh my god plug it in as you can see in that picture actually is plugged in on the right hand side a full battery so again the entry level thirty five thousand dollar version will have a smaller battery than this when i believe that when we get around two hundred seventy miles mind gets about three hundred and fifty miles on a full battery yeah i'm just just do.
"thirty five thousand dollar" Discussed on Talking Tesla
"Big you know a nice bush and doing the right thing i'm like dude you have no idea how close to note doug the right thing i did want to do this that same scenario done call insurance going to bump my insurance and stuff just send me the bill that was nine hundred eighty dollars for basically a scrape on the sort of the front of the cast so maybe that's not an his car yeah just a little pint of the frontal was the repair on your car oh i guess it's not repaired guess what repair it because little dings you don't repair those because you're a man i had it was really like on the passenger door reagan or the handle what you do you don't repair that because you remain and men don't repair small dings robber would you like to come to my of defense here a beautiful automobile yes that's brand new that i've got a wad of payments left on and just have a little ding on it for the rest of its life as it is in the tesla world if you've only waited about six months you could have taken it to the tesla service center and they would have fixed it for he said he's gonna make it much cheaper you know what else he said i'm going to deliver five thousand cars by eight months ago he you know what else he said that the solar roof is going to be there he also said that it was an amazing stretch that they would even deliver one car by levin months ago you know what he also said thirty there will be we'll definitely offer thirty five thousand dollar version of the model three and i think probably at the end of this year is when we should be able to make these small battery pack and and get into kind of production of thirty five k version in q one year so that's definitely we'll definitely honor that other gatien and we will do so right now if it was physically possible we will definitely honour that obligation could a guy sima less interested i mean do you listen to what this man is saying because at this moment delivering those cars would wipeout his pride marches you poss that said to very well we will definitely do the if to honour that obligation yeah i don't want to make these cards anymore i don't know if you guys noticed but i made a dual drive in an air suspension drive even though i think at one point i said i wasn't gonna put air suspension signed a roadster that has rocked it's on it do you think i'm not upset that i didn't forget i think i'm not upset i couldn't spend eighty five thousand dollars on a model three when i could go out right now and by a lovely used model s p eighty five forty five thousand miles for forty six thousand dollars it's up sitting now is this going to happen on time robot has a quote that he just shared on what time ilan ilan next year in volume there's gonna be trillions of these coming off the line in about six months or so but there's one problem quote i do have an issue with time in quote that would be musk now we've been talking about you know what he said further on that that was leader in the call what time is he said his brother would actually lie to him about win the school bus would be coming to pick them up and he would tell them that the school bus would be picking them up quite a bit earlier so that when you actually showed up for the school bus the he was right on time that's a pretty funny story this is being a chronic problem for the elam it's going to be at six months i'll tell you we have the same problem we say oh we're just gonna put a little show together and have short show not gonna talk for two hour we're not gonna do that it's going to be a half hour good to do it once a month give me oh great we have turned into he lawn we we are gone we e on member that sought we devaux wish you could see little that's just terrible rex pollen improvements now he's another thing that ill and said they would have remember back in the day ill and say that older pilot would turn into fully tone driving take five minutes what's been us remember how male last year in the before that he said they were going.
"thirty five thousand dollar" Discussed on Talking Tesla
"Hi for everything and then once they done with it here's your local division so he's saying he said in the owners coal in the shareholder school that we physically can't do it right now but they didn't really explain why we physically conduit run goes we have a beck load of much more expensive profitable the do so we'll see thome it's a good question once they get the ramp to ten thousand i think then that can go okay five there's another cheap hasn't inexpensive and how many of those people on the list for thirty five thousand dollar cars are not going to buy it at forty thousand i don't know but we do know that twenty five percent of people who are initially on that list have jumped off because various reasons we note exactly show there's been various reporting that its just taken too long they needed the cow they bought another but we don't know how many people being sort of replaced but most kind of almost more importantly and i feel for a lot of people is how many of the people who are waiting for the thirty five thousand dollar car or going to get any federal tax rebate looks like zero at this rare are we right now with that do we know well someone put out a great graph where they speculated that tesla will hit the end of the federal tax rebate in quarter three i have a question though so does that mean i need to do my taxes early or doesn't matter because i bought it in january i'm here good good but they're building so many of these there the federal tax credit is going around that's why the thirty five thousand ella vision becomes important for a lot of people so let's talk about supercharge expansion because really the key to the tesla again let me go back in time a little bit the key to the tesla being car that can take a mercedes and bayan w is that it's a real cop at least in california and a lot of the united states because i can drive it anyway tom can go to vegas and stopping get full bucks worth of electronic right and i like i i want to reiterate i it's weird right because i literally that's the only time i've ever used super charger that's traveling that was the only time so you know we talk about it ad nauseam is it important isn't important it's so psychologically important it doesn't matter if it's important or not because it's psychologically the thing and that's what i've realized after owning it and not going to the super charger and it's not that i'm not going to the super charger because i have to pay for them or it might be because i have one at home maybe i would have no options there's not really a close hooper charter to my house yet and to go either to westlake or still to burbank right and i have to pay but again that psychological barrier is huge yeah i mean it's a anti convenience factor you want the car that does one hundred percent of what you wanna do bicycling hundred percent so the chevy volt great cow it's put ninety five percent of the time but if i want to vegas it's time to buck superchargers supercharge absolutely fundamental to that psychological barrier of saying this is real you can go anywhere i'm worried about soup judge network it's not growing enough but i got some good news hey ready for some good news let's say some good news and supercharge expansion going really well we're almost ten thousand charges worldwide and goes to go almost anyone using the tennessee peja system we're excited about the next generation suva charger that is it's mostly finishing design and we'll go to production hopefully end this year so super generation three will will be quite a dramatic improvement wanna say about announcement full when when it deploys which is hopefully later this year and then when we had that system in place then we're going to.
"thirty five thousand dollar" Discussed on Talking Tesla
"The suspension would really like to have jewell motors if it gave you more rain in so they released the jewel motor addition yes no more range which is really weird and i think they probably just under selling i bet you if you get a jew motor addition you can probably drive puppy turned fifty miles but the people want the thirty five thousand dollar car and get to that towel okay have we configured a sydney thousand come on seventy eight thousand that's the third they have to pay for the third production line in the tent we're gonna get to the old this the one thing i like about the modal three i don't quite lug as much minimal is that forty eight volt charging is not as good as seventy two volt children in the s so i can only do like forty four miles per hour of charm with a high at home voltage chadwick supercharging superquick so the supercharging so my son just went on he's got a hussier and he plugs in at lone pine and is going have lunch with his buddy before got peck backpacking and then he sends me a screen shot of the supercharging and he's like dead and he's been s and x and we've traveled lots of places and he's like have you ever seen a charge this fast and the charge rate was ladies and gentlemen four hundred seventy eight miles parral wow now this was only at a hundred and eleven kilowatt house and at first i'm like oh my gosh that's fantastic but it's because the other thing i like about the model free is it so much more efficient so each kilowatt out that you put into that cow the cock and drive a long way so that four hundred seventy eight is not actually it getting charged foster like lots more electrons but it's just using those electrons farmer officially it's super efficient cut i kinda cool i can beat that charge you can be is the new thing who can get the fastest mall parral chowdhry kilowatt hours which is on my way back from las vegas i got one hundred and eighteen kilowatt four hundred and seventy nine miles per hour by one mile in this was already after charging fifty five miles that is impressive all our fast i'm gonna tell you that right now that is quickly that's so cool and he did that sort of right of charge for a long time like up to fifty miles so nagging question for before we get into the earnings call now the shareholders meeting rub yes you don't have a mobile three i don't thoma's mentoring tom does have a model three mill has modal free it's.
"thirty five thousand dollar" Discussed on This Is Only A Test
"Pretty that anyone hoping to put thousand dollars in to buy a thirty five thousand dollar car minus ten thousand dollars that's not gonna happen by mid this year that federal tax cut in half the tax rebate and you're gonna get seventy five hundred dollars back you're gonna get thirty seven fifty back and that will run out even the hov lane stickers i mean i it's a general the enticements that the government has put in for people to adopt vs and hybrids to all degrees has been reduced as it should be because the adopt has exactly exactly i mean if this is a total perception thing because if we said three hundred thousand people preordered model three we'd been still like whoa that's three hundred million dollars and if but instead we're saying four hundred thousand preordered it one hundred thousand of them cancelled it's purely a perception thing i don't think it makes a big difference it's still they're still in a situation where they need to ramp up production yep in meet the demand of three hundred thousand total let alone the people that wanna buy now yeah absolutely and yesterday they had their annual shareholders meeting a couple nuggets of information came out of that addition to their new production rate which is about half of where they wanna be they want to be at six thousand cars per week and they're at thirty five hundred they are also showed a first sketch of their model why their next car even so this is supposed to be the what the tesla three is to the s the model why is to the x the suv.
"thirty five thousand dollar" Discussed on The Ken Coleman Show
"So how interview today in one on monday oh for two different physicians will then what question for me because i think you're doing i think you're doing great i was being sarcastic but you know who cares about what you did at least you're healthy and you're able to laugh right you and you're not you're not starving and you're not gonna stay in this thirty five thousand dollar year position that's not your sentence it's just a move you made and i i love the fact that you had the courage to do it and can i also plod you veronica you had good brains sure i would have liked you to do something different i lined that but you didn't do something stupid because you're not starving so you're making less big deal temporary you're healthy you've gonna learn from this past experience you know exactly what to look for so this is exciting let's talk about today's job interview view i mean when you sit in there you better be asking really good questions when it's your turn to talk and i want you ask about culture now here's what i don't want you to do don't say this previous place i left these people were the snakes that you just would wanna stay away from and they're just evil and it was toxic poison don't do that just say hey what's the culture like here is there a culture of and enlist out the opposite of what you experienced in the other place that makes sense so we don't we don't want you bring it up to you know because you don't wanna look like somebody who's tearing down in any way a previous place so just be very careful but i want you asking questions about is this a place of blank and it would be the opposite of what you were in before and ask some open ended questions and see how they answer them and then do some homework with maybe some people who the you know work there or you know some people who know some people that work there find out what the culture's like i think that's going to be really important for you in these next two job interviews because that was what was bothering before but you know exactly what you want to do and you're.
"thirty five thousand dollar" Discussed on The Energy Gang
"Yeah one thing i was glad about is that they're thirty five thousand dollar price tag is before incentives as opposed to trying to sell at based on continuing to get a tax credit so um the tax credit starts ramping down after they sell two hundred thousand cars and they're in a bump into that very very quickly when they say by two thousand eighteen they're going to be manufacturing five hundred thousand cars a year so um they hit this two hundred thousand dollars threshold which gives usd seventy five hundred dollars a car and by q to after that at ramstein of fifty percent of that seventy five hundred and by q four a 25 percent and then by q six zero doubt so the the first you know two hundred thousand cars they sell will get this credit nafter that it will start ramping down but i think those strong point is that that's not how they are selling their car they're selling it based on thirty five thousand dollars base price and i think that's a smart way to go you know mosque has been known for a promising way too much and not delivering he you know he has largely lived up to his longterm plan but he's always way behind schedule and for the first time at the model three were actually seeing the company somewhat on schedule is that a good sign jaeger de think that that that bodes well for tesla's moves into mass production oh at the fantastic sign i look i i think you'll had really outdid himself here think it's great news all round i just dill would own the stock i think that.
"thirty five thousand dollar" Discussed on PBS NewsHour
"Fuel prices other the crucial difference between the us and norway norwegians about seven dollars a gallon gas is roughly five dollars cheaper in america reducing the financial incentive to drive electric this is partially americanmade electric car the thirty five thousand dollar emperor e it's collaboration between general motors and south korea's lg gm's european arm opel loops the cow in norway in may impressed by its range of moving three hundred miles on a single charge so many norwegians swooping ordering the emperor e that there is now a fifteen months waiting list we are not going back we are we are heading into the future i think in ten years we will see that the at least half of the say informal paris electric if things are moving in the direction we are seeing right now no way may a world leader when it comes to electric cars but it's environmental record is far from perfect its greenhouse gas emissions are increasing most of those coming from oil and gas production which provide norway with its wealth and critics very unhappy that no way is pushing to expand fossil fuel production in the arctic and believe that it's climate change policies are inconsistent as successor naked because norway norway's a nice little contrast petrol lakes this took the range electric suv is the pride and joy of frederic hauge a veteran ecowarrior he was a pioneer of electric cars in the way you can save maybe that electric cars such choy a horse to watch the which are then this j batches of lucien looping down though impressive tempted to five the less bio before deserting on them the stupid things norway's doing in the arctic on jenin will also be stopped because of economically since we're setting up a task force in every federal agency.