35 Burst results for "Uncle Sam"
WTOP
"uncle sam" Discussed on WTOP
"Market risk, you do have to hold it for at least a year. And if you cash it within 5 years, you do four fit three months worth of interest. You're limited to $10,000 in purchases per year, but with a new calendar year, you're now that door is now open. So if you maxed out your 10,000 and purchases at some point in 2022, that window opens again for you this year. That's Greg McBride, chief financial analyst at bankrate dot com on Skype. Is the D.C. area recession proof thanks to Uncle Sam. Axios reports that used to be the thinking as federal spending and jobs helped stave off the worst during The Great Depression. But now that might not be the case, economists say federal workers staying remote means the district is no longer as protected from a recession as it was in the past. That's because staying home means businesses in D.C. are seeing less traffic than they normally would. Harpswell strategies economist Jacob sesser says Amazon and other businesses help the region stay strong as do the many activities in D.C. like the upcoming cherry blossom festival, but he adds with no industry poised to drive substantial growth in the region, maybe the best we can hope for in 2023 is steady as she goes. All right, still a hit on WTO as a breakthrough in the works to prevent RSV, 7 14. Meet the new Congress, this profile brought to you by the American bankers association. Illinois freshman Nikki bezinski feels her district. Deserve to fight her on behalf of the middle class is what I listen to voters on the issues they care the most about. And that includes addressing issues like inflation and other kitchen table issues related to making ends meet. Her district includes lots of farmland and she wants to be active on the farm Bill, and she hopes to work across the aisle with Republicans. Good government is not just a democratic or Republican issue. It's us working together. I'm Mitchell Miller. I'm rob Nichols, president and CEO of the American bankers association. The 118th Congress is open for business with more than 80 new members. The freshman class includes veterans, former
The Dan Bongino Show
Rep. Chip Roy: The Terrible Recruitment Efforts for Our Military
"Congressman the Chinese Communist Party has to be saying to themselves gosh we are so lucky to have such a potentially incompetent enemies in this government over there I mean they're not doing any of this It's almost as if they could have intentionally infected us with this woke virus to create a substandard military I mean think about all the things you know are going on right now at our military Our nuclear triads falling apart we have a shipyard shortage So if we God forbid there was a national emergency and we needed to build more ships we barely have the capability to do it Our fighter aircraft are way behind schedule We can't figure out a way to get pilots anymore I mean these are just we can't recruit our army recruiting guidelines fell short The numbers As you said I mean the list goes on and on If I had a few minutes on the phone I could go through more and just research them These are real problems It's not as if Russia just invaded Ukraine and China is threatening across the straight either I mean this is a serious time requiring serious people And meanwhile the United States Army puts out a recruitment video that's focuses on a little girl raised with two moms who joined the military to find her inner strength and shatter some stereotypes In Pride Month the air force tweeted an image of an air man surrounded by a rainbow flag There was no American flag in the image Now compare that to the posters from World War II with Uncle Sam patriotic I want you Sacrificing Rosie the riveter All the things that this country has done and all the people have done And coming together over our differences figuring out how to make sure that we're integrating and doing the things we ought to do And not ostracizing individuals But having a culture of achievement the rallies around freedom and the American flag and isn't a woke indoctrination social engineering camp which is what it's become And I want to be very clear Republicans are just as guilty because we fund it We don't demand that they stop it and we do it because well chip what else are we going to do I'll tell you what you do Use the power to burst to tell those SOBs to stop screwing up our military so that we can defend this country
Techmeme Ride Home
"uncle sam" Discussed on Techmeme Ride Home
"Keep their own names hidden in poll results. Users have downloaded gas more than 500,000 times since it launched in late August, according to data dot AI end quote. And finally, after my summer foray into solar panels and household battery backups, the next tech dad obsession that I'll admit I've felt itching at the back of my mind is home security. Well, my fellow tech history obsessed contemporary Ian bogost has gone down this route so that maybe I don't have to. He installed 16 cameras all around his house. What was his takeaway from building a surveillance fortress quote? Sometimes sight proves useful, but not by instilling comfort. More by solving banal mysteries when concern arose on the block that a repair to a water main might have cut power to a street light, I was able to look back a couple of weeks and confirm that no, the light was out before the dig began. After months of trying to deduce the source of a groundwater leak into the garage, I realized I could just throw a camera in there and wait for it to rain. Once it did, the location of the incursion in the concrete was easy to spot. And I sealed it. And since by a suspicion that a dumpster in the alley was never being emptied, I was able to confirm that no, absolutely it was. My neighbors and I just generate a lot of waste, I guess. But mostly the benefits of self surveillance are aesthetic. The camera controller software records what it construes as motion, leaving me a folder of supposed events in my smartphone app. The more sophisticated cameras have AI now promising to detect only people or vehicles. This technical advance is a mistake. For one thing, it renews the problem of selective surveillance. For another, what a waste it would be to only be concerned with humans and their machines of conveyance. Instead, I have developed a deep if distant relationship with the neighborhood fauna. Sarah Katz, mostly lots of them, who meander the same paths most nights up the driveway or across the deck. One, a black cat traverses the alley from west to east only, never the other way. Night possum's lurk, scampering from the neighbor's yard to behind my boxwoods. Hello, possums. Squirrels leap from fence to tree, but especially from dumpster defense. They are unhinged. I've seen one carrying an entire pizza. I have a collection of action shots of their deeds, a jackass for arboreal rodents. Surveillance is normally understood as monitoring, and that's where the trouble starts. But another use is possible too, just looking. Looking can devolve into a dangerous exercise of asymmetrical power, but it can also provide communion. Why else would people watch birds or the sea or children at play? Not because something happens, although that's always possible, rather, just to see how few deeds of note transpire. The days and seasons pass, bikes traverse, blacktop, Amazon Prime tosses another boxed bobble to the curb. Nothing happens. At its worst, home surveillance makes you the main character of life's story poised for strife, as any good protagonist is, but use differently, it can also produce the opposite conclusion the world doesn't care about you at all. I know I always say that a weekend bonus episode is the favorite episode. I've done in a while, but boy, do I mean it this time? Wait until you hear the discussion Chris and I had with Parker Thompson and a whole bunch of smart people last night. Vis-à-vis the whole moment that AI has had this week. It's as deep as I promised and hoped for just listen to it. That's out tomorrow. Talk to you on Monday.
AJ Benza: Fame is a Bitch
Audie Murphy: The Real American Patriot
"I don't know how many of you know the story of Audie Murphy, but it's really tragic and very interesting. And sadly, probably a lot more common than we want to think. But during World War II, Audie Murphy was the man by which all other men measured their worth. He was that big a dude. Remember when Patrick Tillman, the ex football player left the NFL and went to go fight, I think in Afghanistan or whoever the fuck he went and he got killed by friendly fire, we all talked about Tillman being the ultimate patriot. This was Audie Murphy back in the 40s. He had really boyish good looks, tremendous skills as a soldier, and he became the prototype of Uncle Sam's American fighting machine. He was a guy who run into fucking nests of Germans and killed him single handling when his bullets ran out. He uses bayonet, that kind of shit. And, you know, these type of things happen more than one time with Audie Murphy. And he had this innate skill in terms of staying alive. And if we're being really honest, a whole lot of luck was mixed in there too. But this was a guy who was a war hero who became a celebrity who became a movie star. And that doesn't happen anymore. But like a lot of Hollywood success stories, this one didn't end too well.
The Eric Metaxas Show
Eric and Albin Share Their Thoughts on the Horrific Trump FBI Raid
"Last night, you saw the video and showed you the video of him of Biden struggling to put on a jacket. And then you heard about the FBI raid on Donald Trump. This is like, you think we're making this up. This happened yesterday that the FBI, okay? These bums, these anti American Stooges, okay? Not the ones who executed the raid, but those who put them up to it. That they did this. This is a slap in the face of Uncle Sam of lady liberty and of every single American. I don't care what side you're on politically. But so Alvin, you had a dream. You don't normally do this. So I thought this is too weird. Let's share this with you. I've had a couple dreams like this in my life. And I just hope this isn't a true dream. It's funny. I'm writing notes on the train coming in to the studio today. And I just wrote on scraps of paper because I didn't have my notebook. But anyway, so yeah, so I go to sleep. And in my dream, and it's very vivid. That's why it was like unusual, because usually it's like you wake up and I can't remember what I dreamed. There was something about a guy. So this is a particularly vivid dream. So in this dream, Joe Biden's on TV and he's handing over the reins of power to a guy that looks like a tin pot dictator. He stressed with the military uniform and he looks kind of like a schmo and a jerk. So he looks like Gaddafi. He's looking like one of these guys. One of these South American dictators. And I'm seeing in the dream that people around the country are watching this. And they're transfer of power to this tin pot dictator. And the reaction I'm thinking like, this is crazy. This is unbelievable, but the reaction from the people watching all over the country was like, well, that's okay. That's okay, as long as he doesn't take away my video games and doesn't take away my abortion rights. And as long as he doesn't take away my cross dressing, you know, children's story hour and things like that. As long as he doesn't touch the things I like. It's okay. I don't care who's running the country. As long as you don't take away the things I want. And I find sacred. You know, take away whatever else. But that's okay. I'm okay with whoever's in charge of the song is I can do whatever I do. Okay, now that the reason when you share that with me, I said, that's so interesting because that's the definition of tyranny, right?
Mike Gallagher Podcast
Washington Examiner: Inflation Reduction Act Doubles the Size of IRS
"Great analysis over at the Washington examiner by Jake Lee Leahy. This plan, which will step up enforcement mechanisms within the IRS. It's going to end up hurting the middle class. He says the additional funding for the IRS adds up to $80 billion over the next decade, it'll double the size of Uncle Sam's debt collector and put 87,000 new IRS agents into action. The result will be increased audits on small businesses and middle class taxpayers across the country. I mean, there's no way it's just going to be the top earners. You can't invest in that kind of manpower and not audit. They're going to be able to perform 1.2 million additional audits. That's not just going to be billionaires. Now, honest to goodness, is this something that anybody in America was yearning for. I got to meet the one person in the country. Who sat around and said, gosh, I hope Nancy Pelosi and Chuck Schumer and Joe Manchin get their wish and we can have more IRS agents and double the size. Double the size. Ted Cruz pointed it out. This massive agency
The Dinesh D'Souza Podcast
Uncle Sam Has Given Way to Aunt Karen
"Now, the Biden administration is having none of it, they still kind of pining for the mask mandate. They like mandates in general, anything that forces other people to do things. And as we can see, there's a certain psychology of even some ordinary citizens. These are the kind of nanny types who like to sort of lecture other people. Why don't you have your mask on, put on your mask? And these are people, you know, they'd be village busy bodies in an earlier era. And you can think of the Biden administration as this kind of nanny individual writ large. So the Biden administration is like one big national nanny. It's kind of Uncle Sam has given way to amped Karen. And so the Biden people are running now to the CDC and saying, hey, listen, you know, by the way, if you still kind of want to mask mandate, tell us and we'll file an appeal, there are very angry at this Trump judge, a woman named Catherine Kimball, mizelle, who basically said, listen, you guys are making nonsensical arguments for this mandate. First of all, you're appealing to a federal law that empowers the government to take care of sanitation and somehow under some very broad definite sanitation. You're including a mask mandate. Well, what does a mask mandate have to do exactly with sanitation? Nothing at all. And so down goes the mask mandate. Not to mention all kinds of other procedural irregularities that judge Catherine mazel pointed to. Now, the Biden administration can appeal, but if they appeal, the fun part is that the appeal goes to the Atlanta based U.S. Court of Appeals for the 11th circuit, which is a conservative leaning
Planet Money
"uncle sam" Discussed on Planet Money
"Snazzy branding. They were war bonds. So assignment number two was buy as many war bonds as you possibly can. Help our soldiers overseas now, and you can look forward to a giant post war shopping spree. Save democracy by a bond for $18 and 75 cents. You'll get $25 back after the war. It'll be a good investment. And if we win, you can buy all the stuff that you weren't able to buy in the 1930s during the depression like washing machines and dishwashers and television well, I guess televisions would come later. But a nicer radio maybe to listen to your fireside chats on. Exactly, exactly. These bonds had an additional purpose. They didn't just help pay for the war. They took money from people's pocketbooks and got them to save it. The government even had a suggested target. 10% of your paycheck should go to war bonds. Getting people to save all that money, of course, tamps down, inflation. And this is where the government went all in on its propaganda campaign, making a historic push to get people to buy these bonds. It was basically nonstop advertising and publicity stunts for years. FDR kicked it off by buying the very first war bond in a national radio broadcast. And the first savings bond is being made out in the name of misses Roosevelt as beneficiaries. And they were available everywhere. You could pay for them with a payroll deduction, but if that didn't work for you, you could also buy them at department stores, movie theaters, from your newspaper boy, even kids could take part. They could buy stamps for like ten cents or a quarter, and when little Sally filled up her stamp book, she could trade it in for her very own savings Bond. Everywhere you turned a chance to buy war bonds. And the message.
Planet Money
"uncle sam" Discussed on Planet Money
"This is planet money from NPR. These are uncertain economic times. Most people have jobs and money to spend, but certain things are getting harder to find. Prices are going up for food and gasoline. And this is turning into a big political problem. Just ask the president. Some call it inflation. Which is a vague sort of term, and others call it a rise in the cost of living, which is much more easily understood by most families. Yes, this is 1942, and that is president Franklin Delano Roosevelt, in a fireside chat. Describing inflation as a serious threat to the entire economy. Inflation ever gets underway. The whole economic system will stagger. The context at that time, America had been at war for less than a year. The outcome felt completely uncertain. The country's young men were overseas fighting our enemies, and FDR was saying there's an enemy at home too. Rising prices. And every American should fight that enemy with the same vigor. But how does fighting inflation actually work? Like when I think about the inflation we're living through now, I don't have control over gas prices. The Federal Reserve is not asking for my input, inflation feels like something that just happens to us. But the message for Americans during World War II was kind of the opposite that we can do something about inflation and that we should. The Roosevelt administration enlisted housewives, business owners, Hollywood stars, even cartoon characters, no matter who you were, the message was, it is your patriotic duty to fight inflation. If you pitch in, you will help win the war. Hello and welcome to planet money. I'm waylon Wong. And I'm Amanda Iran chick. You've heard about the greatest generation and Rosie the riveter, but do you know the story of how the U.S. government embarked on a national group project to fight inflation? Today on the show, we go back to a moment that is hard to imagine today. When the U.S. government worked its way into the minute details of daily American life, dictating everything from our grocery shopping to our fashion choices, all in the name of vanquishing high prices. What that looked like and why it never happened again. This message comes from NPR sponsor O do. Do you run a business or manage a team? Then it's time to switch to odoo is a suite of business applications designed to streamline automate and simplify any company. Odoo has apps for everything. CRM, inventory, manufacturing, sales, accounting, you name it, odo got you covered. So stop wasting time and start getting stuff done without you. For a free trial, go to OD OO dot com slash planet. This new year, life kit wants to help you succeed, because everyone needs a little help being human. It can seem so overwhelming. You're not alone. Who can I commit to being? If you want to do something, then just do it. Just take that first step. Great advice every week. Listen to life kit from NPR. It's World War II. There is fighting raging overseas. And at home, FDR is asking all Americans to join together to study the economy. The group project he's pushing starts with a couple of assignments that seem manageable. But over time, the asks get bigger, the tentacles extend. And by the end of the war, American economic life winds up looking very different than it does today. Less free market, more centrally planned. And the thing driving it all is worry over inflation, a loss in purchasing power. The way economists often talk about inflation is too much money chasing too few goods. A lot of demand, not enough supply, and that makes prices go up. The reason the Roosevelt administration was worried about inflation was that going to war meant drastically changing the stuff the country produced. Clothing companies stopped making women's girdles and started making parachutes. Car manufacturers started making tanks instead. They're turning out something like four and a half million cars. And then all of a sudden, that just stopped. Meg Jacobs is a historian at Princeton University. She says the U.S. Military needing so many supplies, rearranged the whole economy. If you're sending half a billion pairs of socks and 250 million pairs of pants to the military, those are goods that consumers are not going to be able to buy. But those consumers really want to buy some fancy new goods. Because at the same time, you have all of these workers who are hired to make the planes make the socks make the pants and they now have money in their pocket. Remember, the U.S. is just coming out of The Great Depression. There are people who have been out of work for years. Now they have money. But not enough things to buy. Not enough things to spend that money on. Because the U.S. didn't just stop making things like cars and appliances. The government also did away with lots of little frills. They issue an order to stop making double vested suits and pants with cuffs on them because that takes up extra fabric. The single rested suits with no cuffs were called victory suits. Stylish, and cost effective. Now, at the time, economists actually calculated how much money people had that they couldn't spend because there wasn't enough stuff to buy. It added up to tens of billions of dollars. When I think about this, I picture like this liminal space where all of these ghostly phantom refrigerators and vacuum cleaners and cuffed pants are floating around. Things that people would have bought except they never got made. So those tens of billions of dollars, that is one cause of inflation. Another one? The Roosevelt administration needed to raise a lot of money for the war. This is going to be the greatest expense that the American government has ever undertaken. And so very early on, the question is, how are we going to pay for the war? And in the end, the answer ends up being about half from bonds and half from taxes. You might hear that and think, well, yeah, that's how governments finance things by selling bonds or collecting taxes. But the way the Roosevelt administration approached it, they were funding the war while also trying to deal with inflation that problem of too many dollars chasing too few things. In 1942, the government rolls out the mass income tax. Before this, only the wealthiest Americans are paying it, so FDR scales that up. The goal is yes to raise money for the war and also to soak up some of those extra dollars that people were earning. The income tax was so new for middle class Americans, the government had to go around telling people that forking over part of their paycheck was the right thing to do. They even got Donald duck to model patriotism by paying his income tax. Well, now what are you going to do? Spend for the axis. Or save for taxes. So in that big group project to fight inflation that we talked about, this was assignment number one. Pay your income tax. And the government made this really easy. By introducing automatic paycheck withholding. That way the government got the money before the worker did. So there's no chance of that worker running off and trying to spend it on stylish new calculus pants. Dental Doc famously, no pants at all. Now, the Bond side of funding the war in fighting inflation, that worked just like regular government savings bonds. You buy a bond from the government now, you get more money back later. Except these bonds had.
The Trish Regan Show
NYC Lawmakers Give Non-Citizens Right to Vote in Local Elections
"Show, and I want to start first. With this story coming to us out of New York City, non citizens have been awarded the right to vote there in New York City. 800,000 people, green card holders, dreamers, they're going to be able to vote in city elections. Now, this has already happening actually in more than a dozen places all over the country, including some parts of California and Vermont and other liberal places, but now it's come to New York City. And so the idea is, if you've been living in New York City as a resident for 30 days, you now have the right to vote in an election. The left says this is great. We're making history, but other people are including myself saying, wait a second here. What's really going on? Because just to be very, very clear. I mean, it's not like you or I can move to Mexico tomorrow. Show up there for 30 days, even if we were legally working and legally living there. And suddenly say, okay, I'm going to vote in a Mexican election. That's not allowed. Now, one of the reasons for that is because as a citizen, you have a stake in this country's direction. You're kind of here for the long haul, right? In America, once you become a citizen in the United States of America, you're paying taxes for the rest of your life. Whether you like it or not, whether you want to move somewhere or not. Somehow, the U.S. is always going to get you. Consider people now that are giving up citizenship and moving to other countries because maybe they see that as a tax advantage or maybe they don't like the way the country is going. Well guess what, Uncle Sam or uncle Joe in this case is going to take half of your net worth on your way out the door. If you're a green card holder, doesn't matter. You can leave tomorrow. You can go somewhere else. You're not going to have to pay that penalty. If you're living elsewhere in holding on to your U.S. citizenship, we're the kind of country that's still charges you U.S. taxes. Nobody else does that. That's unique to the United States. Given that citizens are on the hook for all this money, given that we're the ones responsible for the bills at the end of the day, don't you think that we ought to be the ones that are deciding the future direction of this
WTOP
"uncle sam" Discussed on WTOP
"Is encouraging you to help during this time So it's a temporary measure last year and this tax filing year What you need to know is that even if you are someone who takes the standard deduction and never got to write off your charitable contribution previously for just 2020 and 2021 you can take a deduction for cash contributions you make to a qualifying charitable organization the limit is $300 that you give away as a single file or $600 married filing jointly So again if this is for standard filers who never got a tax deduction you'll get it So Uncle Sam is going to encourage you to be charitable this year Also want to remind folks that if you are an itemize or you are used to giving away money and taking that deduction you get expanded limits of your deduction for 2021 Again this is temporary So just know this that there are some there's another reason to give and certainly we hope that people are generous this year Yes indeed some good suggestions Now if you're a senior making charitable donations what do you need to know about the qualified charitable distribution First of all this is like the most unsung hero of all of tax rules And the reason is that a lot of people who are fortunate enough to have money that they've saved they've done so more in their retirement accounts than in non retirement accounts And so you used to have the situation where you'd have to take money out of the account you'd pay tax on it then you give it to charity Well a qualified charitable distribution allows you to make a grant of up to a $100,000 from your IRA account to an eligible charity Couple of things about this You have to be over age 70 and a half to do it And you have to do it again to the directly to the charity You can't go to a private foundation or donor advise fund And you've got to be very careful about it But the cool thing about it is if you don't need this money and I know a lot of people need it but if you're fortunate enough not to need it this could satisfy your required minimum distribution You can just direct it over to the charity You don't get a deduction for it but you don't have to pay tax on the money that comes out of that IRA account as long as it goes directly to a charity All right Jill great stuff we appreciate it CBS business analyst.
Stuff They Don't Want You To Know Audio
"uncle sam" Discussed on Stuff They Don't Want You To Know Audio
"You don't get let's kid ourselves people would watch it. Cash eighties cartoon early nineties cartoons. Silver hawks member hawks. Yeah yeah is different era cartoons but we we have the exact quote describing what they mean when they foolishly chose airborne clutter over sky trash. Yes do that quickly. These objects include birds balloons. That checks out right balloons. We've seen that guy trash recreational unmanned aerial vehicles and. That's not really trash. That's somebody's investment and hobby. Airborne debris like plastic bags. So beautiful beautiful. Yes that muddle is seen and can affect an operator's ability to identify true targets such as an enemy aircraft just flying plastic bags over the pacific ocean so subheading for this people are filthy. Yeah we managed to put trash in the sky. Yeah i mean they're certainly trashing the see. Why shouldn't there be trash on the sky. Then we head into the slightly scienc- or sounding natural atmospheric phenomenon which would be you know whether yes yes it'd be whether it's it's a kind of miscellaneous category for a bunch of phenomenon that's already understood by science importantly in this is this is in defense of the witnesses importantly in some cases this kind of stuff can be pretty rare. You know like ball. Lightning for instance is somewhat rare. You know it's it's freaky if you actually see it so this ups the likelihood of some of these things not all but some of these things being misidentified yes and we have another quote For this one as well Quote natural atmospheric phenomena includes ice crystals moisture and thermal fluctuations. That may register. On some infrared and radar systems again aka weather. Yeah but as a thermal fluctuation going to be noticed by pilot depends on the machinery. He's fine with right or the The equipment i guess so it just. In many of these cases we know that a witness statement has a lot to do with what's reported in there's generally or in many cases. I guess that's not true. I was gonna say in many cases the the pilot is reporting seeing something but again there are other cases where a pilot is reporting noticing. Something like you said on a radar that a thermal pocket may actually see so that quick question. You can't see an infrared. No not yet. Then i'm gonna keep going to predator school dude you'll you'll you'll get eventually. They'll feel bad you know i'm colorblind. I'm just winging it at traffic lights. So i hear you. I mean ocular. Implants are definitely on my list. You know yeah so. We'll see what you think you have to think about that now. That lazic is freely available for people like is it the lake. What a kick in the pants. If you get lazic and in these new kick ass ocular implants coming well. Oh probably be ad-supported now certainly the more extreme version of buying the latest like video game system and then a newer better one comes out. Oh my god get flare sick. It's the latest surgery talked about that on the last listener mail episode flare the company that makes these cameras that are a lot smaller than you would think and potentially they've got a another line in the works. That can go right into your eyeballs What do we have next on the list though guys. Yeah this is. This is a pretty well. Done segue We're talking tacking. We're also going back to the point. You brought up earlier matt. Their third category is us g. us government Were industry developmental programs. Now it's getting a little more juicy. They say quote some uap..
Stuff They Don't Want You To Know Audio
"uncle sam" Discussed on Stuff They Don't Want You To Know Audio
"There's going to be exactly what you expect or not at all what you expect. It will be frightening still. You'll be able to have a whole outfit the whole naked outfit and be fully clothes. So did you help develop cyberpunk. I feel like you help to do that. In some way. The concept of crotch pants really. Well you talking about the famous hanged on glitch. It's i think it's a feature a lot of people at this point. That was code-named doc. Holliday that was. I was her research credit. Words do yet right. You're absolutely right. They're quite be there. Doubtlessly tech we know for factors technology. The us government possesses and multiple other governments possessed that their public is not aware of and that doesn't necessarily mean. It's all amazing. It's all nefarious. It could just be a few years ahead of you know the kind of smartphone you combine today slightly bigger thumb drive than we have available on the market. Currently the the real question here is whether or not there are compartmentalized parts of the government that have technology that is far beyond what the us government as a whole knows exists right so glad you said that right people writing this report may have no idea that some smaller group of or indeed experts have created something revolutionary that is so secret because it's so dangerous compartmentalized by design to hide from certain you know officials that would maybe compromise the operation potentially yeah compartmentalized. Intelligence is is a real thing. It's what fiction refers to when it says a need to know basis. So it's possible that there's some kind of thing like skunkworks in the mix here and we'll get to that really glad you said that the assessment is doing its best to lay out groundwork assumptions. Right groundfloor assumptions. I should say before they go to the sky and one of those one of those is the idea that all of these sightings have multiple explanations that if you look at the all. You can't find one silver bullet. Not everything was deflating weather balloon justice. Not everything was you know ice crystals so they to get their heads around this. They group the sightings into several broad categories. We'll we'll walk through those briefly With a direct quote from the report describing them number one. this is the one they lead off with airborne. Clutter that's exactly what it sounds like although personally for my money as tax payer i wish they use the phrase sky. Trash trash trash. That's not space trash. This is sky. Trash trash not operating in zero g situation so whereas this trash being launched from and who is responsible well many of them launched from trees as has in birds because birds were included. And there's trash that tracks for me checks for me. I was thinking like scott. I've had a friend who used to call. Pigeon sky rats also think sky trash could be a great name for a like a reality show once people start living in a permanent airborne environment..
Stuff They Don't Want You To Know Audio
"uncle sam" Discussed on Stuff They Don't Want You To Know Audio
"Go yeah take me with you deal. Here's where it gets crazy. There are actually two reports. You can only read what in less you are. A member of congress. One of them is classified was only given to congress. so what. You're what you're hearing about when you're reading the news or listening to shows like this is in fact that second declassified report it's like we said it's only nine pages. Its brevity has been a source of contention in the ufo community and where we say the ufo community we're talking about a huge swath of opinions perspectives from hard proponents of specific narratives to hardcore skeptics of anything that bears a whiff of wu which is in the skeptic world. Woo is what you call nonsense. A whiff you say. Now with wu yes okay with this makes me think of like Sorry to go pop. Culture analogy but like frank ocean like had this record. He was supposed to release. It was going to be big record for the label that he was on so instead he released this kind of underwhelming sort of artsy record. And then that would like fulfilled his contract and then the next week he released the real one which was blonde And it kinda got him sued. But it's a it's it's pretty clever. It's like it's like here you guys. Here's some red meat for you. You know glomming onto this for a minute. And then we'll release the real one later but in this case i don't that holds up because i don't know if they'll ever release the one that only congress gets to see probably not for a long time. There may be a redacted version somewhere down the line but so this declassified version refers to a hundred and forty four total cases so far fewer cases than blue book but you know glue book was longer in eighty of these cases. There are there's corroboration from multiple sensors so the technology is agreeing at least in part with the account of an eyewitness. Yeah exactly. That's the most important part corroborated. That's mind-blowing and exciting and it's unfortunately somewhat deflated by the rest of the report. Just that fact alone. Just kind of shrinks like a balloon. This losing air but and then falls over new mexico anyway. I would say there's juicy stuff here too. There were at least eleven incidents or eleven site in this report. Where american jets like warplanes almost hit unknown objects while in the air mid air collisions. The things these these planes by the way are designed to be nimble and fast as fat literally as as agile as we can make them we be. Us government and equally is furious. Right right and these things mine in these things got the illness. I'm cursing a lot in this episode..
Stuff They Don't Want You To Know Audio
"uncle sam" Discussed on Stuff They Don't Want You To Know Audio
"Luckily there's forward a new approach to primary care that surprisingly personal and refreshingly straightforward forward never makes you feel like just another patient backed by top rated doctors and the latest tech forward gives you access to personalized care whenever you need it. Using in-depth genetic analysis and realtime bloodwork forwards top rated doctors provide you with in-depth insights to better understand your genetics mental and physical health. They then create custom easy to understand plans to help guide you to achieving long-term health with forward you get unlimited in person visits with your doctor and access to care anytime via the forward app offer. One flat monthly fee. It's time to stop accepting backwards healthcare and start moving your health forward visit. Go forward dot today to learn more. That's go forward dot com. Okay so i just got to tell you about shopping at home sense. Oh yeah. I need to check. That out is a good. It's better than good. trust me. it's a whole new way to shop. Maybe even life changing seriously. Oh yeah see home. Senses part of the homegoods family. So you know going in that everything will be less than you expect to pay. I love that. And here's the best part. Home sense is never the same store twice. They put out new items all week long. So there's always something new every visits kind of like a treasure hunt the other day. I found zebra print accenture. I could use a new chair. Home sense has stuff to plus up every room in your house. There's so much to choose.
Stuff They Don't Want You To Know Audio
"uncle sam" Discussed on Stuff They Don't Want You To Know Audio
"The formation of this group plants a seed that seed later grows into the strange report that just came out a few days ago interesting note. You've probably seen interviews with people. Like luis alesando and so on and he was running. He was running this for quite a while and he is to his credit. He's pretty transparent about what he did. What the program did and Where he thinks things could be improved. Or what lessons were learned but his program. This program was not real. It wasn't classified classified because alesando can freely talk about it but it adds zero publicity and it operated in obscurity until two thousand and twelve officials on does such a fascinating. Can i take a second to apologize for my deuce bigalow reference. That was inappropriate. And i offer my humble mea culpa for that one. Are you apologizing. Deuce or apologizing to the listeners And to to both you and matt and sue producer. Paul mission control beckoned. I mean rob. Schneider's pretty approachable guy. I think you think so. But what if he's an animal mode. What if he's like you know thinks he's a cheetah or something you know. I wouldn't want to approach that. Just let him get it out of his system and then you know to get in then deescalate and have a conversation but you keep us. Keep us in the loop on this all. We got your back so in two thousand twelve. It information started to come to light. I remember how excited we were when. We're starting to hear whisperings about this but again it wasn't until five years later i think december twenty seventeen. That's when the dod the department of defense came forward and said yes. There is a thing a as part of a defense program that collects data on these ufo sightings by military personnel. And despite the fact that we got rid of this thing that harry reid started.
Stuff They Don't Want You To Know Audio
"uncle sam" Discussed on Stuff They Don't Want You To Know Audio
"Things right like this is being. This report is being called unprecedented in twenty twenty one and in some ways it is but it comes from this lineage of the sometimes contentious governmental military perspective on these inexplicable things. Like you can see some common assumptions as well as some conclusions. Blue book did a lot more than the current report and the earlier. To reports they collected over twelve thousand purported ufo sightings and they. They did something. A lot of these papers do. Which is valid. They conclude the majority of these events can be chalked up to misunderstood natural phenomena or to miss identified aircraft. You know maybe you just haven't seen a lot of planes dude. Isn't that largely where we're at with the current report or i don't mean to be spoiling. No actually quite no and the other thing here. Is that those twelve thousand reports. One of the reasons there are so many is because the they're collecting reports from everyone from a police officer that saw something to a bystander on a farm somewhere in a city somewhere who are not military personnel and that is very different from what's being looked at in the current report because those are military officials usually fair enough and so some according to this report there there may have been some secret aircraft that might have played a role and the us is own secret. Spy planes The a twelve and the u2 might have also been mistaken for ufo's. I mean they're oddly shaped they're very untraditional looking aerial crafts. So that would make sense. But a grand total of seven hundred and one reports were classified as unexplained with a few pretty notable notable caveats. Yet the funny thing to me. I think it's so odd about the youtube or the twelve. Is that the. Us bandaged to scare the bout of itself with its own things. Which is you know a positive statement for their operational security but to those caveats you mentioned. Yeah they're very very careful..
Stuff They Don't Want You To Know Audio
"uncle sam" Discussed on Stuff They Don't Want You To Know Audio
"With our super producer. Paul mission control decades. Most importantly you are you. You are here in. That makes this the stuff. They don't want you to know paul. We have some raucous applause. That's right philip conspiracy realist. The time has finally come. According to some on june twenty fifth twenty twenty one just a few days ago as we record this episode the us government released a document with the incredibly unappealing name preliminary assessment colon unidentified aerial phenomena. This is it look. Look look. I know it's a it's a annoying title in that. It's just so bit by right. Think about what that means you guys. What is actually saying. Yeah saying preliminary assessment. Ufo's it it's a nine page publicly available analysis that you can read right now if you lived in the us you paid for a small part of it. This looks at a lot of phenomenon that was previously considered rumor tall tales. Internet bs in short. It's the thing. Ufologists have dreamed of for decades and decades. Something called disclosure. We have earlier episodes on this aplenty We even have a limited series that we're releasing a to focus on this topic in today's episode as well as in this miniseries we ask. Just what exactly is in this report and weather when it comes to. Ufo's there's something the government still doesn't want you to know spoiler alert. The answers guests. Here are the facts first things first. This is new but it's not really new. Yeah i've read along. It's good light betrayed if you wish. But it's not the first time in the united states that we've investigated unidentified flying objects which are now referred to as a quite less sexy unidentified aerial phenomena. are you a p The united states has investigated reports like this in the past with things like project blue book for example matt anew. That's one of your favorites especially of the old video series. Oh for certain project. Blue book was a secret study. there was being done. There was no congressional report. Wasn't even twenty pages. It wasn't one page. He was just a. It was a thing that was created behind closed doors. It was studying these very things. These unidentified aerial phenomena the united states air force where the folks behind that one it went from march of nineteen fifty two december of nineteen sixty nine so it had quite a quite a.
The Promised Podcast
"uncle sam" Discussed on The Promised Podcast
"Loves.
The Promised Podcast
"uncle sam" Discussed on The Promised Podcast
"We're not used to hearing a to american secretary of state antony blinken when they met in rome this week. This is what lipids said boss. Hughes mistakes is less bipartisan. Standing was hurt. We will fix those mistakes to give. The peed continued going on to say that fundamentally the relationship between israel and america had a strong foundation. You should america's most bank basic values freedom democracy free markets the cost and search for peace and he added when israel disagrees with the united states as it does about for example. Oh the iran. Nuclear deal appeared said that that disagreement would be civil and diplomatic israeli. Some serious reservations about the iran nuclear view. We believe the way to discuss. Those disagreement is through direct profession. Conversation not impressed conferences. So the word most often used in the press here in america and around the world to describe the pedes efforts is the word reset the bennett. The government is said to be eager to leave behind. The legacy. Of benjamin netanyahu's approach to america especially during the years when donald trump was us president. And there's a lot of signs that this is true for one thing before the two foreign ministers met in rome. The peed reportedly assured blinken that israel would not surprise the united states with any unilateral military or diplomatic actions. The most obvious being an attack on iran if it gets very close to building a nuclear bomb in contrast netanyahu attacked the peed for this saying that it diminished israel's sovereignty and makes us quote weaker and more feeble for another president. Rivlin just visited. The united states meeting with president biden antony blinken as well as democratic speaker of the house of representatives. Nancy pelosi rivlin brought gentle messages of conciliation and appreciation from israel's new government for another thing israel just announced that our new consul in new york would be the young charismatic left-leaning anti-occupation former minister who toppled the last netanyahu government and has a hot wife a sophism ear. It's like israel's new government is doing everything it can think of to get across a simple single message baby. We've changed so just what the impact of all this will be hard. Say for one thing. There remain really basic differences between what the us wants and what israel wants and frankly. Israel's new government is not all that different from israel's old government policy wise in matters that. Divide the israel and the us most obviously. Israel's new government opposes the jcp oa the deal. Just like netanyahu's government did and israel's new government believes that only tight military surveillance and a constant threat of violence can keep gaza under control. And israel's new government rejects the claim that settlements in the occupied territories are a barrier to peace with the palestinians. steven simon who is head guy. On president barack obama's national security council for matters of the middle east and north africa told the times lately that resetting. Us israel relations is going to be harder than it seems in this honeymoon moment he said quote there are fundamental differences that have emerged in the relationship between america and israel that will be difficult to reverse especially as american politics becomes increasingly polarized. I think it will be hard. Under foreseeable circumstances for israel to recapture that wall to wall loyalty they had in the democratic party and quote so that leads to our question. Miriam do you think that. A reset of relations between israel and america is possible. Can we put the proverbial toothpaste back in the tube. And what would it take to make that happen. Sure i mean possible and necessary and already visibly under way you know. Remember that we've that the biden administration has been in office for some months. There was a gaza israel. War for eleven days in may and the response was quite muted All of this on both sides with re- with the government changes is. It's really interesting coincidence. Because for just their own Populations there's a quieting of politics in general so you know the brash loud Sort of screechy politics of donald trump. And of benjamin. Netanyahu have exited at a time when quietness and Sort of Sanity and civility is considered politically advantageous. And that goes locally Inside the countries as well as between the countries. I mean the other thing is that netanyahu has left a vacuum right in israeli politics. Because he gutted the foreign ministry he was for all intents and purposes our par- our foreign minister certainly architect and the implementer of our foreign policy strategy and this Current leadership is kind of wet around the ears on on Foreign policy lupita end bennett. And so they're going to move a lot of this stuff anyway into the professional class. And with all due. Respect with samir and the consul-general of new york which is a lovely appointment The real interesting question of course is going to be. Who's going to be the ambassador and we'll probably be seeing that sooner than Than later just because You know ritalin met with biden a couple of days ago and the first thing he came out and said said after their one hour generous one hour behind a door closed doors meaning was Biden wants to meet bennett so These things are being accelerated. So we're gonna get to see this and it's kind of going to be fun to watch a new style of of politics. Here's why this thing is so fascinating to me this question. And it's because in terms of the policies that matter most to the united states. This israeli government is really not very different than the last one more right wing hobbies. I think in the end. This government is not going to be able to bennett. Might be the government is not gonna be able to act very very right wing. But but but i think that they're more or less the same about the two crucial issues one being iran. Where where everyone. I in in the israeli government in a position of power. Mostly bennett and la. Di both are strongly against america. Reentering this deal with iran. And then most important. I probably the The issue of the occupation and settlements. No settlements are gonna be undone. This government is not going to be super forthcoming not anymore than than prime minister. Netanyahu was who kind of surreptitiously basically stopped the building in the territories. So as not to antagonize the americans. So they're not different on the one hand on the other hand they sound completely different and they seem completely different. And it makes a difference and that's because there are these. This is what i'm trying to do about. This is basically my question to you to both. There are apparently two different matrices. One is the matrix of the issues themselves where nothing has really changed. And the other is a matrix of kind of trump be ism trumpism or populism or something and their government is entirely the opposite of the prior government. Bennett is as much an anti-trump est. As as anyone in the government he he he is a technocrat he heats trumpian populism and lapierre as well and so they're so basically. They're trying to advance this. What they're calling this reset by by making it quite clear that we'd low the everything that trump and netanyahu stood for as a matter of style and as a belief in how politics ought to be prosecuted. So then the question. That i have is what happens when american israel still disagree. Really fundamentally about these super important issues and policies but they're lined up in what they think about the culture of politics and what they think about about this moment. We just survived the trumpism here. Maybe netanyahu ism is it enough for that to be a.
The Promised Podcast
"uncle sam" Discussed on The Promised Podcast
"Three. Do i have a feeling. We're not far saba anymore. Not in kifar saba.
CRUSADE Channel Previews
"uncle sam" Discussed on CRUSADE Channel Previews
"Does it cost you to get. The corona jabs zero point zero out of pocket costs nothing but wait a minute. Stock prices for my earner and pfizer are trudeau for bourboule roof. Somebody must be paying for this. Mo- bitter char plays why they're doing the kind of their heart. They just love they love. You are right you know that. Four and a half trained dollar deficit. We were talking about yesterday. That's where you're corona jab. Money is coming from show. The general government of the united states or as mitt romney causes the federal government is basically saying we're making a wager. We're willing i. What is it is it. I think it's two hundred dollars. A pop star. One dollars a jab. We're making a wager. We're going to invest. 'cause you got to get two of them get one jab you've gotta get to. We're making a wager that if we spend four hundred dollar per tax pain loser citizen idiot. They'll be healthy in the long run. They won't taxi obamacare system or the biden care system and so this is an induced as an investment in people's futures. No one knows the long term side effects of the corona jab the fact it's not known. Here's something else. Comma harris among many other thousands upon thousands of famous people have been photographed after having received both supposedly now both jabs. The modern of the visor quote vaccine close wearing masks in private. Why is she wearing a mask while she's sitting on a private airplane at thirty thousand feet with no one else in the room and she's been not once but twice quote vaccinated close quote. What does the vaccine actually do yesterday. Our friend peter was here helping his o'connell get your coffee mugs out and he went to sam's for us sam's wholesale cook's needs to bubble wrap so your mugs don't break it. Be you see how much we care for you. People so peter was hanging around in front of sam's wait for the doors to open and there were the do that was hanging out there with him. Who was corona doomed up long sleeve. Shirt mask all the way from eyeballs to adam's apple and peter started a conversation with him and said hey man. Why are you still wearing a mask. Do because you know peter. Won't he's never worn one like us. Not none of us have ever worn when i never will and white still wearing the mask bro. You don't mind my asking. Oh man it's still dangerous out here. You know the governor said we have to. There's a lot of sick people just really contagious..
MAD MONEY W/ JIM CRAMER
Cramer calls on U.S. to build factories to address chip shortage, unemployment
"As the pandemic gradually draws to a close. We've still got to national emergencies that we had to talk about a man money. A horrendously high unemployment rate and the semiconductor shorts is causing major problems for us manufacturing and competitiveness. We need more chips and we need more jobs so why. Kill two birds with one stone. It's time for our government to invest in building the biggest and best complex of semiconductor foundries. That's the factories in the world. And we can do this now. This kind of initiative went out of style decades ago but we know it works because the government just did it with operation warp speed the co vaccine program that got us to trick vaccines in less than a year. Were on a roll. Let's keep it. I don't need to explain. Employments national emergency but what south with the massive government back semiconductor foundry pro. Okay we just heard from general motors. They have all these new indian vehicles but they simply can't make them because they're sending books shortage and modern cars require a lot of tech ford said the same thing could cost them one to two billion this year bleed. You're gonna start hearing about this shortage. Constantly dan we the us really havoc with all sorts of industries and making us less competitive and perhaps even hostage country hostage to a bigger chip customer. The pr see. We got to get ahead of this. Now some of this shortages natural thanks to cova. We've got millions of new homes. That require a lot. Har- we're eating these chips like doritos at halftime. But some of you thanks to globalization are sitting been able to outsource their manufacturing most couple of huge asian operators taiwan's semi which is now the biggest samsung. These are both incredible mazing. Well run companies but they also get so production capacity that they have they hit the entire world including demand from china that hits american companies extra hard because new of our businesses run on just in time ordering. They don't want to sit in a lot of extra components it just by the chips when they need them. That's a quick way to make money save money until it's a shortage. Now that's where we find ourselves. Our companies can't get enough chips because there's not enough. Production were wide and that lack of chips is hurting all sorts of manufacturing including the formation. Gm and ford now. There are two ways to approaches. We can throw up our hands and baked samsung taiwan semi to build more plants. That's been our strategy or anywhere for that matter or we can roll up our sleeves. Like operation warp speed. Remember today when everyone get tested raw. Got javert here can roll up our sleeves and get this job done ourselves. If we're supposed to be the most powerful country in we'd be able to manufacture semiconductors for heaven's sake it's our industry so let me tell you what needs to happen. You might not know it. But america's best tech industry the most intellectual property that is anywhere in tech is in the semiconductor capital equipment space. That's lam research. Kelly tinker applied materials. They had machines that we need to make chips meaning while building gigantic simtek foundries can put more people to work and just about any other research project much more than a much than highway than a bridge. Why stop at roads and bridges and we re establish yourself as a whole new kingpin in manufacturing industry that used to dominate. And hey biden's pick for commerce secretary gina raimondo. She was a venture. Capitals governor of rhode island. I got into politics. She'd be the perfect champion for this project. We can take advantage of low interest rates to issue fifty year semiconductor savings bonds to raise the money for this project partner up with the private sector then. These businesses can pay back. uncle sam. Production gets rolling or chips. Defense ships all sorts of internet of things. Chips should be able to make this stuff domestically in the best in the world. Honestly it's insane. We outsource our semiconductor manufacturing to taiwan south korea. When they're within spitting distance of our biggest wattle china. I love taiwan. I love south korea but we ever get into a shooting war with the chinese. For heaven's sake they'll be right in the middle of it. Hopefully it never comes to that but why would even taking that chance. How much would this cost. We know semi spending up to twenty billion to boost its output. And they're very good at what they do. Let's say let's let's borrow one hundred billion dollars in savings bonds to make the us more semiconductor independent over the next few years but we have to start immediately to alleviate the shortage people intensive national imperative blueprint ready customer for the suppliers. Ready to help so soon. To be secretary raimondo. You've been on the show. Let's get the loan just chip ongoing going and put an end to this chip. Shorter's saving tens of thousands of jobs giving me economy a huge boost. This is what we used to call industrial policy. It worked for vaccines. And i know from work for chips to
Wealth Is In The Details Podcast
Giving to Create a Legacy
"When we talk about legacy planning. We're talking about you. Typically for our clients that are independent. they're financially independent. Maybe reach the financial transcendent stage. They're talking about giving the talking about making significant gifts to family or to charity. And that's what i mean by legacy doing something to provide for others. that goes well beyond beyond our lifetime. Okay so if i am making a gift some to someone My child or in my case You know i've got a couple of grandkids. Now and i wanna give a gift to grandchild. Is that taxable to the person receiving the gift in other words. Am i going to be setting my grandchild up to have to pay taxes and not necessarily know just like if you give them a birthday present their taxed on that that gift and if you're giving them significant let's they're not necessarily taxed on that on that gift so that's a simple answer. Okay all right. Well i i know that if uncle sam head his way he might wanna show up at birthday parties and start taxing gasoline difficulty. Just just saying the attitude. He's got right now anyway. What about the person making the gift. I is there any ramifications for me if i'm if i'm gonna give a large gift like that that that's where this guy gets a little complex so possibly if the gift is large enough and i and i just want to briefly give some some basic tax concepts and some rules around that not to more people but tax planning is part of financial so we need to talk about it. The basics earned income meaning wages taxable as regular income and so his income from investments like dividends and interest. I think most of our listeners know that. And if you sell an asset that you've owned for longer than twelve months for for a gain you you've realized a long term capital gain and that gain is taxed at capital gains rates which can be lower than tax rates on on regular income. That's just the basics for larger estates and here. I'm talking about very large estates currently in excess of a million. I'm sorry eleven million. Five hundred and eighty thousand dollars for an individual and twenty three million one hundred and sixty thousand for a married couple for states in gifts in excess of that amount of the federal government is going to taxed tax the giver at forty percent well for large estates. The tax could be very significant in here. I think this is really a transfer tax not necessarily tax only a death because you're making very very large gifts that exceeds those limits. Eleven eleven million five hundred and twenty three million one hundred sixty thousand. Those are also taxed to the to the person giving not to the receiver of those assets and then another. There's another level of tax at least in seventeen states plus the district of columbia. They're going to also levy a transfer tax estate tax for example in massachusetts we haven't attacked exemption of a million dollars per person and thereafter estates are taxed at point eight percent all the way up to point all the way up to sixteen percent. Taxes can be part of the conversation and and the and the planning so back to gifting. The federal tax law says an individual can gift fifteen thousand dollars to an individual per year. You can give to your grandchild. Fifteen thousand dollars in your wife can give to your grandchild thousand dollars oak. We call this. The annual exclusion anything in excess of fifteen thousand dollars is counted against your federal lifetime. Exemption which is it which we just described that eleven million five hundred and eight thousand dollars and that so it's counted against your lifetime exemption and attacks form that discloses that gift is required if it's if it's a gift of fifteen thousand dollars or less there's no tax form if there's a gift in excess of fifteen thousand dollars per person per year calendar year then there's a form that needs to be sent to the irs. That doesn't necessarily attacks do you. And your wife give gift your daughter. Thirty thousand dollars in a calendar year. No tax forms required. But if you give her forty thousand dollars you'll need to file a gift tax form disclosing a ten thousand dollar taxable gift. Now your lifetime. Exemption is reduced by ten thousand dollars. There's no tax do over. But now you've your lifetime transfer exemption amount is is a little bit less okay a little bit more detail than you might want but it's an important nation. Yeah that's perfect. Because i think that's a huge in planning for people that can afford it. Peter i'll be honest. I'm not in this category yet right. i'm not gonna. i'm not worried about going over that thirty thousand dollars a year gift. My children or my grandchildren but there are a lot of people out there that are right and they need to know this information. They need to know that can give them an annual basis. They just need to subtracted from the total mountain and play by the rules. Because you know you don't want to get yourself in trouble for sure. I think it's important. I also just from a tax law perspective. We don't we don't know what tax laws will be in the future cert. There's certainly not static in there definitely subject to change so under under the current law the lifetime exemption amount is scheduled to reduce back to the two thousand and seventeen exemption of five million dollars per person. And that's adjusted for inflation and that starts in twenty twenty six so under current law that that lifetime exemption amount goes is reduced from almost twelve million dollars down to almost six million dollars with y when you consider inflation. What happens to those people that have already. You don't reach that that mark. Maybe they've given away eleven million and then it goes back to five million per person are they are the grandfathered in i'm using air quotes there. The grandfather dinners. They're going to be any issue with that. Oh you ask a great question. And the the irs. They have determined that. There's not going to be a clawback. So yes they can make the gift now. It will always be exempt said. It's good so again. There's there's much needed information for those people that are in this situation. There's a time limit right. I mean there's there's kind of a ticking clock on on getting those gifts to somebody before it sunsets back to a much lesser amount. So the great information
Gastropod
TV Dinners
"How has food. Tv changed over time. And how has it changed us. All not just us gastropod. That's right. you're listening to gastropod the podcast. That looks at food through the lens of science and history. I'm cynthia graber. And i'm nicola twilley and this episode. We're taking a spin around the dial which sounds medieval but believe us when we say. Tv's used to not have remotes. You had to literally spin odile. Even i barely remember those wild and wonderful days. This episode is supported in part by cabot. Creamery cabot is a co-op of new england and new york dairy farmers who make award winning cheeses with pure rich milk straight from family farms their specialty cheeses include unique flavors like roasted garlic cheddar and their team of cheese graders indirect with every batch to ensure award-winning quality. Go to cabinet. She's dot com to find out where to buy cabot near you there. You'll also find pairings how to videos and delicious comfort food recipes like the best mac and cheese and more the first thing to know about the very earliest food. Tv wasn't actually on tv. It was on the radio almost as soon as a radio came into being in the nineteen twenties in the us food radio came into being. It was a really easy way for programs to be created because they were easy and cheap. They were obvious outlets for advertising for sponsorship for food products and appliances. So that's where we saw food before. Tv was even a twinkle in the eye. Kathleen collins is a librarian and professor at john jay college of criminal justice and she's the author of the book watching what we eat. The evolution of television cooking shows the stars of these very first food shows. Were hardly stars in today's cents. These radio shows were unglamorous. It was all teaching housewives. How to economize and optimize and generally do all their chores. Better one of the not remotely. Glamorous stars was a woman named and sammy who we can only imagine was supposed to be the wife of uncle sam which is kind of disturbing. She wasn't actually a person. It was a program delivered by an arm of the. Usda and the she was not just one person but several different actors around the country. Adopting regional accents similarly a figure. That's much more well known was betty crocker. She actually started on the radio and like aunt. Sammy was played by many different actresses and she was one of the first we. Could i guess call her one of the first cooking teachers in broadcasting And we have some fun you one for. You are cooking lessons. This week is on some new christmas cookies. And besides that with sending seven ethically recipes to order numbers of schools who had indicated that they want the wednesday menu ambassador. I hope you'll be sure to watch for them on. Sammy's show was called housekeepers. Chat and betty crocker's was the slightly more enticing cooking school of the air. That sounds as though it was all about meringues and souffles and all things fluffy which it decidedly was not and then the very first television station came into being in the nineteen twenties though at the time the technology was still super experimental and people did not have. Tv's in their homes yet. Even as late as nineteen fifty only nine percent of american homes had a tv set. Foot made the jump to tv before. Tv even made the jump to people's living rooms so more megan was thirst. Tv shafran her snapple titled Tv show was called suggestions for dishes to be prepared and cooked in fifteen minutes and that demonstrated single ring. Cookery back in hundred thirty six. This is julie smith. She's a food writer. And podcast and the author of a new book called taste and the tv chef and she's british so i will translate for her single ring. Cookery means the kind of thing you can make on just one burner in your bed. Sit which is british for a studio apartment. Thanks for the cross pen translation of my uses as well as my bizarre accident. True also interesting. Megan was doing this. Fifteen minute meal about eighty years. Before jamie oliver's tv show and book of the same title. We have a picture of her filming her show dressed in. What looks like a raincoat on our website. Glamour personified where was i but by the nineteen forties food. Tv show started showing up for real in the us to the shows were cheap to produce and they were sponsored by kitchen and food companies and they were pretty boring. It was a very practical probably rather dry and yet a lot of the airtime was filled with these programs in different markets around the country. These shows obviously targeted at women most. Tv's at the time. Were actually in public places rather than homes especially bars where there weren't a lot of housewives. There was a show actually the first national televised. Tv show was james beard and it started in the mid nineteen forties and despite everything i just said about how most of the tv shows and the radio shows were led by home. Economists james beard was not a home economist. He was a gourmet and he was really all about the food and so it was a little strange to have this show on. Tv in a bar being watched by men james beard was kind of a one off for a long time but still here we go right off the bat you can see a gender divide in food tv women were the ones who were proper and teaching viewers had cook the man a ormond. Just appreciate food for food. Food was a chore for women and a pleasure for men until the only lucas came along. So diani lucas. Like james beard was a bit of an anachronism. She was a cordon bleu trained chef. Who was born in. Britain came from a very artistically oriented family. Do you only had a restaurant and cooking school in new york and she treated the kitchen as her art studio. it was her serious creative outlet. Her recipes were complex and mostly french. And they took a lot of time to make she was also kind of a taskmaster her british accent and her scraped back hair and she did not cut corners. But kathleen says the. Tony did occasionally have a little sparkle in her eye. Like when she told viewers to use as much rama's they liked or needed in their cribs. Suzanne that show was on the evening and prime time and it ran from nineteen forty seven until nineteen fifty-six but she was kind of ahead of her time. I would not be surprised if many of your listeners have never heard of the oni lucas. She just came along at the wrong time for the public. Viewing audience at diani did have a big influence on one particularly important person. Julia child the french chef. I'm doolittle she was a california girl. She was not a spy for the cia before being cooking show guru as many people think she was a research assistant at the oh s the precursor to the cia but she was really one of these happy accidents. She married paul child who had a foreign service assignment. in france. They moved to france and she fell in love with food. And she got herself trained. You know at the core blows school which was really challenging as a woman and she just became. You know a master in nineteen sixty one. Julia published a book with two other. Women called mastering the art of french. Cooking it is eight home and that seven hundred fifty. Two page book provided the kick. That landed julia in front of millions of viewers happen was. Julia was doing the rounds promoting her book and she'd been invited onto a book show hosted by a local professor on w. g. b. h. Which is the boston public. Tv station and she decided she didn't want to just talk with the professor. She wanted to cook. She wanted to teach him how to make a proper french omelette. The professor wasn't a particularly skilled cook in this live tv cooking class but people wrote into the show after it aired. They called julia a hoot and the producer thought. Julia was incredibly well-spoken so gbh gave her her own show. It would eventually become the french chef. The show was a huge hit. It was on national. Tv for three decades and it not only made julia household name but it also kind of launched the modern era of food
News, Traffic and Weather
Massive Mega Millions jackpot grows after no winner
"Keep growing with no winner winner and and last last night's night's mega mega millions millions There There is is now now nearly nearly $1.5 $1.5 billion. billion. At At stake stake between between that that lottery lottery and and tonight's tonight's Powerball Powerball A A B B C's. C's. Today Today Norman Norman takes takes a a look look at at the the life life that kind of money could buy you. It's overnight that $750 million jackpot goes through another drawing without a winner, the massive mega millions prize now growing to $850 million that is the second largest jackpot in game history. And you've still got a chance to win when the next mega million drawing happens this Tuesday, But tonight you could win. Big Americans are lining up for the Powerball drawing. That's just hours away that jackpot now sitting at a whopping $640 million, and the multi million dollar question what will you do if you strike gold? So we spoke with the financial expert who says the best thing any Lotto winner can do is to make a game plan. And make one fast After Uncle Sam takes his cut. She suggest that winners team up
860AM The Answer
"uncle sam" Discussed on 860AM The Answer
"You all probably heard of asbestos and know that it's dangerous. You may also know exposure to a specialist is the only known cause of mesothelioma, a deadly cancer people who were exposed to a special toast decades ago. Are being diagnosed to this day with mesothelioma. That's because it can take as many as 30 or even 50 years to develop. But did you also know there is money to pay victims of asbestos exposure from years ago, An estimated $30 billion is available to help compensate victims and their families if you or a member of your family have been diagnosed with mesothelioma You may be able to receive some of this money without ever going to court or filing a lawsuit. Get a free legal review today. Call Sokka Love Law at 1 809 7 to 30 to 29. Number again 1 809 7 To 30 to 29 1 809 7 to 30 to 29 Call today 1 809 7 to 30 to 29. Pearl. My name is Lily. My mom and dad used to fight about money all the time. Then one day I heard them talking about this guy. Some uncle I never knew called Uncle Sam. Well, they say this Uncle Sam die one of them to pay him like a gazillion dollars and then add a gazillion dollars. So they call this company they heard on the radio called the Tax Doctor and the tax doctor worked with Uncle Sam's people. I think they're called the I R. And they're able to work it out. So my mom and dad didn't have to pay Uncle Sam very much money at all. So now Mom and dad are happy and I'm happy to thanks, tax doctor, if you owe $10,000 from or to the iris or state call now and pay less 803 918713. 803.
WTOP 24 Hour News
$600 stimulus payments have started going out, Treasury Secretary Mnuchin says
"Of Americans are starting to get those $600 payments from Washington. Some Americans may already have that $600 Cove in 19 relief payment, lawmakers agreed on in their bank accounts direct deposited by their uncle Sam. Treasury Secretary Mnuchin said the I am was to start direct depositing those payments last night paper checks will start going out today. I'm Rita Fall Way
Mike McConnell
"If you're willing to bleed, Uncle Sam will give you all the planes you want" Chuck Yeager dies at 97
"E didn't know Chuck Yeager was still around and didn't breaking the sound barrier was it was a big deal, not just a matter of You're going the fastest. A lot of pilots died trying. The problem is getting the plane to hold together. You got to that speed and another situation like to go back and look at it. But a number of pilots. The plane just broke apart. And you know you died. And he was the first one. If that's happened to your buddies three or four times and you're going to go try it, too. Um, you got some Kony's And Chuck Yeager offend this quote like it. Where to go where to go. So I've flown 341 types of military planes in every country in the world, but logged about 18,000 hours 341 types of planes. Hey, said it might sound funny, but I never under their plane in my life. If you're willing to bleed, Uncle Sam will give you all the planes you want. That's great if you're willing to bleed So, uh, yeah, because that I have to go to West Virginia that bridge between Ohio, West Virginia going to her. Charleston's been the Chuck Yeager Bridge for No 40 years. So you know, I assumed he wasn't around anymore. But, yeah, certainly in American hero and particularly back in his day. Shut down 13 German planes, five of them in a day, as was just mentioned. And then broke the sound barrier two years after the war 1947 So that's a big one right
MarketFoolery
Procter & Gamble beats estimates as sales jump 9%, raises forecast amid strong demand
"Another company that is benefiting from people working from home. Uncle Sam is suing Google. We will get to that. We're going to start with consumer staples. Procter and gamble sales in the first quarter rose nine percent. The company raised revenue guidance for the full fiscal year and shares a proctor and up around one and a half percent, which is not a lot but just enough. That that sock is hitting an all time high. Yeah Outstanding Quarter largely of margin story on the outstanding part. Know, they sold seven percent more in terms of volume about nine percent total. So that's not extraordinary but it's it's good in this. In this economy, people are cleaning both their their homes and their themselves more actually and who the thing that proctor and gamble has going for it is that it is I think the best margin quarter that I could find a over the last fifteen years. So it is not forced into discounting right now the. Promotional sales at it has to make people are still going to the stores painful price for a lot of a lot of their goods, and they are not in the position where they have to raise salaries the moment or. You know they've done very well at keeping costs down so Between those two being able to charge what they want to charge for their products. And doing it more efficiently. A great quarter. Greg, quarter and if they're not spending more money on salaries John Muller, the operating officer and the CFO. Admitted very clear. They are going to be spending more on marketing because they. Look at the current environment. Look proctor and gamble they sell stuff all around the world but North America is their biggest market and I think they're looking at the numbers of how many people are. Spending time on screens. And they're saying to themselves. Yeah it is a good investment for us to. Start ramping up our marketing. Yeah they are spending a lot of time on screens not necessarily. On the screens and where the ads traditionally been, which would be TV ads more people are. Watching watching Netflix, watching things on the video recordings and just skipping through the AD. So it's more and more online. Advertising and. More is coming a sense everybody. Will Be. locked inside for. Another couple of quarters.
Brian Mudd
Millions of Americans Voting Early in What Could be Record Election Turnout
"S elections projects is over 27 million of cast early voting ballots. That's about 20% already of the total vote count of the 2016 election. Another 55 fatalities reported yesterday to the States Coronavirus death toll awaiting the new report from the Health Department today yesterday more than 2500 new cases were reported. And for the first time in over six months, the Miami immigration Courthouse is open. It's back to business, but it's not business as usual. Is Uncle Sam resumes in person Deportation proceedings Today, masks are required. But Miami immigration attorney Tammy Fox is a cough says they've been given no information about other courthouse safety protocols. And she says other immigration courts that have tried to reopen have not been successful. These immigration courts that have reopened, have re opened for a day and then closed the next day, then reopened for a day, then closed for two days. There's no notice on their operation. There's a major backlog of cases due to the shutdown, leaving hundreds of thousands of immigrants in limbo, waiting their day in court. When did Grossman NewsRadio 6 10? Coyote showers, thunderstorms? It's all increasing with a large low pressure system located about 700 miles southeast of Bermuda. It is expected to develop into a hurricane. Leader this week. Tropical depression number 27, which will be named Absalon when it does take a look right now on Wall Street, negative trading across the board. Dowd just dropped 4.5 points in 28,602 NASDAQ off 6.5 points. Yes, and peace down by two more news at 11 30 more Brian Mud on the way I'm Natalie Rodriguez News radio. 6 10 w y o D fly from South Florida
They Call Us Bruce
A Conversation About The Postal Service
"Low. Welcome. To another edition of call us, Bruce unfiltered conversation about what's happening in Asia America. I'm Phil You and Jeff Yang and this week on the podcast we have been thinking and talking about doing something for a while and our wishes are finally coming true as if delivered to us. Our. I'm sorry we've come. A Dad jokes attention but we we've been talking a lot about the postal service, not just amongst ourselves but in society right I mean the relevance of the US mail to our society internal democracy has been more prominent now more than the headlines now than ever before, and one of the things that we recognized is that the postal service actually plays a really critical role even. Specifically in our communities and there are. There are a lot of Asian Americans who work at the Post Office The post office connects us are far-flung relatives and friends, and in general we just thought it was time to give a little shine to this institution that. Is taking a few bumps, these days, and so we actually found. A postal. Service employees who was. Happy to talk to us about this profession and about the stories and. The world behind the scenes at the post. Office. As, well, as other things going on his life as well. So we love to welcome to they call us Bruce Kevin Again UN. He is a musician and multimedia. A graphic designer, a fan of A. Pretty Amazing Music. I can tell social platforms and also a employee of the PS Kevin Welcome to the show. Hi. Welcome guys. Ola. So Kevin you're in Oakland right. Yeah. I wouldn't opened. And did you reborn in scripture? I was actually born in southern California and. Always, knew that I would end up in the bay area. So sometime around two thousand and two, thousand five moved up here. And I found myself. Here. To sort of blend in. Oh Yeah Oh. Yeah. And and you say you're from southern California originally like a like Los Angeles or or. Montebello okay. And now A. End, up actually working for the postal service. Honestly. I was laid off in rather time the pandemic. was. Gaining momentum. and. I was desperately looking for work and I I had heard this echoing my head, my mom's voice. You know like you should go work work at the post office like your uncles grandfather. Finally listen to the voice. And Sure Enough I. went onto the USPS site. And, saw their openings locally and swint for and they ask for references. Internal references and. Plugged in some family members names, and I was pretty much and within twenty four hours. In the family. It's a family business. It really is. Yeah. How many of your other family members worked for the postal service that are alive to? But. But it's it's been like kind of multigenerational thing or it has absolutely. Is there. Is there something about the post office or the Postal Service that has been? particularly. Peeling I'm guessing in some ways it's because it's eighth always there be. It. You know like they're always jobs in the postal. I. I just Kinda remember Hollywood shuffle under if you've seen that movie Robert Townsend movie. where? Kind of what you're saying is one of the themes in the movie that. His family's like A. Get A job. The Postal Service it's it's you know it's it's a secure job. You know it's comfortable. It's something which you can rely on and Robert Townsend characters like I wanna be a star in Hollywood but you know as a black actor in Hollywood. You gotta deal with a whole lot of bullshit and movies about the bullshit and. Kind of like you know no spoilers or yes boilers. Movement. You haven't seen it. You should see it but. In the end in the end, actually the post service ends up being a where he lands and and you know he's it's sort of like a celebration affected like you can still do when you dream of but other things can also be part of that dream and anyway I'm kind of curious if if that's kind of the story of how how like your uncles and other folks in working for the post office to. For my grandfather. I believe he went in right after he was discharged from the military e- so he. He had served in the Cold War came back They relocated to Daly City from Dallas. and. I think he that's it hired pretty much on the spot. And it's still the case to this day So he he was there until I moved up here. And two, hundred five. I remember him getting village. One Am and coming home. And afternoon. He. Yeah it's interesting my Uncle Sam deal with him in Minneapolis. He got out of the Air Force and became a carrier pretty much immediately. And my uncle Kennedy in. Hawaii. I think he started in Minneapolis, but then transferred to Hawaii, which is apparently. The most requested transfer. Why And he's been a mechanic for. Sixty years. He's he's been there for a long time I. Think he's been here the longest. Everyone fixing like postal trucks, postal trucks, the machinery he's he's really handy guy i. mean he used to build birdhouses? Similar skills I guess.
Between The Lines
Muscling up to China and 25 years since Srebrenica
"Tom Switzer, he and welcome to another episode off between the lines now today on the program will be commemorating the twenty fifth anniversary of Europe's worst massacre since the Holocaust in ninety, ninety, five more than eight thousand people died in Shrimp Nitsa. The town was supposed to be a U N protected safe haven in the vicious civil war that tore Yugoslav apart instead the civilians ended up being massacred by Bosnian Serbs. Were lightning fast with their superior weapons. They easily overran the lightly. I'm Bosnian government troops and the token full civilian peacekeepers. The UN's Valley to protect the civilians inspired Washington to launch unilateral action against Serbia and end the civil war. Would things be the same today now? That's later in the program, but first defense. Last week the Morrison. Government launched a defence strategy and force structure review now the move signals a major shift away from the strategy outlined in the last defence white paper. Remember that just four years ago in two thousand sixteen. It plotted out Australia's strategic costs for the next decade. But that White Paper has as we know been rapidly overtaken by Vince covert China or that now the new review has promised two hundred and seventy billion dollars over the next decade to enhance Australia's defence capabilities with renewed focus on areas like Saba and spice capabilities and the possible development of hop sonic weapons will be fitting aircraft with long-range anti-ship missiles, increasing underwater surveillance and boosting fuel ammunitions reserves. Now, underscoring the seriousness of the shift, the Prime Minister even drew comparisons to the nineteen thirties and the lead up to world. War Two that period of the nineteen thirties. Is Been Something I've been revisiting on a very regular basis and when you connect by the economic challenges and the global uncertainty. It can be very haunting, but is the money too much or not enough is going to all the right places, and we'll do enough to safeguard Australia from China's increasing assertiveness and is rapidly growing military capabilities. What's the role of Australia's diplomacy? And all of this will joining me to discuss this at three distinguished guests. By skill is professor of Asia Pacific Security Studies at Macquarie University Holiday Bites. Thank you good to be here Melissa Conley. Tar is a research fellow at the Asia Institute at the University of Melbourne. Hi There Melissa could to speak again Tom. And Pay. The Jennings is executive director of the Australian Strategic Policy Institute. Tom No. Can you talk us through the top of scenarios and potential conflicts that the defense review is preparing us for the scenario that the review is focusing on is one involving a high end conventional conflict, so I've gone to the days of stabilization operations in t more Counterterrorism operations in Afghanistan This document is preparing foresight on onsite conflict. Involving countries that have sophisticated military forces. And, of course, the document doesn't say. I don't think it would be reasonable to expect it to say. That China is the problem. But let me tell you China is the problem that is the now neoplasia competitive that way of thinking about when we think about what's adequate in terms of the topic of military capability we need to have. and to does reflect to change. From past years Tom I recall when I started by defense career, we were thinking much more about the risks presented by Indonesia, and the so called low level in cushions in the northwest. Of course, that's no longer features in anyone's strategic thinking. Really it's about China and the risks that the People's Republic is presenting to all of its neighbors in abroad since in the Indo Pacific region and beyond I cabinet crudely putting it some sites laying the groundwork for fortress Australia US sign. This is preparing us to join a potential use LID. Containment slash war against China for example to protect Taiwan Peter Jennings. I think that is it covers a spectrum of possibilities. One possibility which I think is Epson you were in terms of language of the document is that we might conceivably end up having to face military conflict without being able to rely on the direct combat support of the United States, and that's what leads to discussions around extra stockpiling munitions and fuel insightful. But I think in general terms. Yes, the expectation is that Australia. Through its history has been a country that forms coalitions usually have like minded partners, the share the same types of objectives. And the the plan will design the Defense Force. Really gives us the capacity to do that with Rachel Ellis lecture, example, Japan but also with our traditional ally the United States okay bates skill. You've recently completed a review of China's defense capabilities and its recent military modernization, specifically looking at the implications for Australia Wind you expect the Peo- The People's Liberation Army and its navy. When do you expect them to have the capability to project power as far as Australia annual Pacific knives, well in many respects Tom, they already can I mean they have the long range missile capabilities to do that? Know as a from a standoff position launched from their own from their own homeland against hours. But what I think, the the new strategy is looking at is really the development of capability over the next ten fifteen twenty years, and that's by the Chinese own own acknowledged calendar that they would be able to by that time of mass, a large enough capability, both in terms of its long range strike, you know striking from their own homeland, but also bill to project. Project Power passed the so-called first and second island change and being a position to more directly threatened through those platforms Australian security. So you know we're talking ten or fifteen year window here and I think given the time it does take to try and respond to develop the the deterrent and defense capabilities for Australia. That's that's you know that's in some ways a short window. for Australia to be mobilizing in reaction Melissa Tali. What's the role of a strong diplomacy and all these well I think it needs to be growl. And one of the concerns when we look at the deteriorating strategic environment is we think all that's a defense problem? And so when the prime minister launches the strategic update with those comparisons with the nineteen thirties. It pushes US toward seeing in purely military terms but we don't just want to say things in that security lands, we want to think about all of the parts about national power projection, so that's diplomacy and development as well as defense I think if if people thought about it I think what we invest in all three strongly, but that's not where it is if you look at federal budget fifty. Fifty nine billion to defense and less than seven billion to diplomacy and development together the lowest point with ahead in our history and I think we missing that opportunity. If we don't take US seriously, the way that diplomacy and development can shape things in the world so I was struck. Today was a defendant looking at the latest poll on what are the major concerns that Australians have at the moment of the top threats in the world and the first five, a role nontraditional that drought, environment, disaster, climate change, pandemics, and downtown, global economy, and those places where you know military spending isn't going to help shape that environment. So we need to have an effect on those. We need to be thinking much more about what we can do in the diplomacy and development to mind Peter Jennings. What would you say in to Melissa's observations? Because they reflect a certain mindset that that perhaps we should be focused more on non state actors rather than say China for instance well, I think all of these you know threats that have to be taken seriously. I'm and simply because we're living in the middle of a pandemic for example, doesn't the climate change is gone away in this no longer going to present a problem to us. I guess what I'd say. Is that the you know the five things Melissa listed? That were in the featured in the low e Poland terms of popular concerns. Are also the things which could. In different ways late to the risks of conflict escalating in the Indo Pacific region generally so You know my my view, please while I would like to see spending on diplomacy increased. While I. Say Development Assistance is being something which is effectively the United soft in of Australian power, and the military is the hot end of Australian power. I think. The message against all of these areas is that we have just been underinvesting for decades underinvesting for decades, so we're we're all. High fiving ourselves at just reaching about two percent of gross national product, being spent on defense, but that is compared to what we spending in cold or years, which was sometimes between three and a half percent in four percent of rustic product. So what we have grown used to Tom I would say is. Free written on the United. States code tiles of security for for decades. We've dramatically under. Invested in the things that we need to do to strengthen Australia's position, not just militarily, but also diplomat. A now. We're rather surprised to hear the news that Gosh the bill is a lot more expensive than we really thought. It was only if you've got that confidence in the US. and. In fact, the whole trump stories, the story of the Americans really big being fed up with the rest of the world, thinking that the US can fund the bill for their security, so we're going to have to do more and I think we're going to have to do it against multiplicity of areas not. Justin sought the defense organization. We'll some scholars such as you want and James Current from the University of Sydney. They say that this document sounds a lot like an acknowledgement that the US might not always be there to help us out. By are we starting to plan for more independent Australian defense posture I think it would be a wise move to keep that option open when you think of the capabilities that the Chinese developing in which do have a direct pose a direct threat to Australia or could do so. In many respects, the I think the types of threats that you might not expect an immediate or even timely response on the part of the United States what I'm thinking here. Cyber capabilities is a huge priority for the Chinese. We already know what they see the sort of capability. They can wield against Australia and that's not the sort of thing you can expect a kind of cavalry to. Lead the charge from from Washington to come to Australia's defence slowly long range strike capability on the part of the Chinese capability. They already have in which are going to continue to develop. which could threaten Australia down the road now? These are capabilities that I think that Australia's going to have to develop their own defenses for. They can certainly do that with United States, but again it's not necessarily the sort of threat that we would expect some sort of traditional ally joint response not to make it well. Some of are in listeners will email me and they'll say that if Uncle Sam struggles to police. It's own CDs. Melissa. How on Earth Can Uncle Sam Police? The Asia Pacific region in the face of a rising China. What's your sense about us staying power in the next decade or two in look? It's difficult One of the things that strategic update looks at is more threats to the global rules order, and unfortunately the you know, the US is part of that. the US is not along with the strategies interest on things like global trading system, and a number of international issues like global health where we would say you need to be supporting. A Global Response that said I don't think the strategic update will be read negatively in. Washington, it's my guess. it very clearly couched in terms that I think the US will lock about Australia contributing more and having more self. that could be seen as a statement that we think that the US might not have outback, but can also be seen as something that the US has been for for a long time. I particularly liked a few elements of the update things like making sure that we have. You know material ammunition You know that aren't going to be disrupted. Buckle supply trying having more capability eight industrial cut suffering capability here antiques fuel reserves, which is not as long sane as an issue for us, so I mean those are things that are worth investing in. Regardless of US resolve because as we've seen from COVID, we know that supply chain can be disrupted very quickly and easily, and it's worth having eligibilities. Cepeda Jennings bite skill and Melissa Conley Toilet and Melissa. The Pacific step up last year. That realigned Australia's development budget to deal with some of the strategic challenges posed by China in the Pacific Do you think it goes far enough? The step up was followed recently by strategies new International Development Policy Partnerships for recovery, and that's made it very clear that strategies focus should be on the Pacific and also southeast. Asia including. Indonesia and team August. I think that has a very clear statement about what we want. In the region of being entrusted trusted development partner and influencing those societies that we think positive for four region. Again you're going to. You're going to say you. Hear this from me all the time, but again the problem is that we not really making much invasive lunch, so partnerships for recovery head no new money it talked about the massive challenges that covered as as creating for for the for the Pacific, and for for our region broadly, and the only funding announcement was that we're going to repurpose the money. We would have spent on sending Australian. Volunteers in scholarship holders. And we're GONNA use that so I I suppose I. Feel a little bit with all the areas, not actually include district update in that as well that what we've seen through the foreign policy, White Paper and International Development Policy through to to the defense. Strategic Updike is. We talk about how. how? What a time! These these frosty leaving a contested difficult awful environment that we've now got to leave in and the Dow L. Easy Times over, and then we say, and we're not gonNA. Give any new money so I mean the defense announcement is essentially just that we're going to continue to you know, extrapolate out the money that was planned to be spent in the twenty twenty six, and we're going to extrapolate that out to twenty thirty terabytes skill. Do we risk getting into a bidding war for influence in the Pacific? I don't know if it's a risk. If it is a risk worth worth taking. I mean obviously the Pacific region is so extremely important Australia's future. Both for for defense reasons for regional engagement for diplomatic reasons, developing reasons and the like. so It's quite possible that we're entering in a more competitive phase with China in this. SITES WRIST BYTES I'm talking about more the budgetary concerns he because in the wake of the Corona Virus Crosses. There'll be serious limits on how we can spend on these things scholley. Yes, there is and party left to be be developed for that, but you know when you're talking about your own backyard. I mean I I. I don't think it's the kind of country that can simply. Pretended it's by itself getting back pay to Jennings to the region, generally in the rise of what. Angus Campbell is of the Defence Force he's talked about the rise of political warfare, the idea of grey zone warfare things like cyber attacks, economic coercion influence operations that fall below the traditional threshold of war. He says we need a whole of government response to it. I, you seeing that whole of government approach happening in Campbell, or is this Manley focus on defense and the spy agency so far Peter Jennings. It probably is focused on the national security agency's Tom. That's not too surprising because you'd expect them to sort of pick up on the risks I. But General Campbell is right. It does need to be all government is. There's a whole lot of things happening there that simply cannot and should not be done by defense organizations. and. I think that realization is slowly dawning. Along as both of the speakers have said that actually ladyship comes with cost of infrastructure is going to play that role, but you know, give you a small example of this we. We have lost the ability to broadcast into the South Pacific and Southeast Asia. In a way that we used to very successfully over over decades to give us the capacity to do that. We're probably talking about you know that. He million a year forty million a year, which sounds a lot of defend. It's nothing if you're in the Defense Department. Let me tell you. But you need to be able to do things like that. To be the truth teller in the region to actually tell the region that there are alternatives to Chinese Communist Party authoritarianism I think that's what's needed with responding to this grey zone on threat. Is Actually to be the truth teller. In this part of the will and getting our system in Cambridge used to that reality to understanding what needs to be done. To starting at different type of conversation with our region. With our own people for that matter that that is a sort of a psychological change which I can see happening, but we're not quite yet. There's a bit of work still to be done to get to that point Melissa. Conley Tyler. Is, just responding on that. I agree entirely with what pitcher saying on on broadcasting. It's a small investment, such a an increasing influence. It should be Brian and I hope that did that's being seen. I think having defense voices. I will help a lot in a banks, seriously I'm but just went. When you ask Tom Balaton host government and what's happening there? There are some really good examples, so for example win. This Pacific step pop started an office of the Pacific was established in that apartment and tried and each job. He's to be that coordinating body, and it's bringing together the. The defense, the development and the diplomacy in a way that he's gone to maximize our influence. and I've noticed this a lot more discussion about that that three. How do you bring defense development diplomacy communities together? I'm involved in initiate the Pacific. Four Day and I think a lot of people not talking about what more we can do for that that joined up coordination to make the most about national instruments by skill. You're an expert on China. The elephant in the room of course is China doing need to be careful not to overestimate China's military strength. What about the weaknesses? Exactly right I mean you have to know your enemy's weakness as well as their strengths in the case of China, they are undertaking enormous reforming organization effort. They're pouring billions of dollars into new capabilities, but there's a lot of things we need to recognize I. Mean One is that the Chinese have not fought a shooting war and more than forty years. They are have no. They have zero experience in high end combat against a serious. Adversary, scenario, so that's not to downplay them, but to understand that they've got enormous obstacles to overcome that day. Themselves acknowledge that they themselves. No, they have to overcome, and that's why we had this window that we've been talking about. A fifteen to twenty years. to try and develop capabilities to get in front of the kinds of things that the Chinese want to bring to bear around. Around, twenty thirty or twenty, thirty, five, twenty, forty, paid-up Melissa to be continued. Thanks so much for being on our in. Thank you, tell my pleasure. Thank you, Tom. That was paid jennings. He's executive director of the Australian strategic pulsing suit by skill professor of Asia Pacific Security Studies at Macquarie University and Melissa Commonly Tyler. She's a research fellow at the Asia Institute at the University of Melbourne. These between the lines with Tom Switzer. Coming next, we're going to replay a version of a segment from between the lines. I 'cause commemorating the massacre of Bosnian Muslims at shredded Nitsa on the eleventh of July nodding ninety. Five twenty five years ago this week. More than eight thousand people were killed by Serb forces. It was the worst massacre. Europe had seen since the Holocaust. Serve softening up Trevor Nature for the army's final push into the town. Town of course was supposed to be a safe haven protected by the United Nations, but the civilians ended up being sitting ducks as I woke Larry. Hollingsworth Remembers I. Myself Feel Devastated and ashamed I was there with them? When we told them that it was a safe haven I watched. Many of these people walk in with the minimal possessions into shreds, knowing that it was a safe haven, and now they're fleeing out because we've let them down, let them down to the extent that within dies. About Twenty three thousand women and children were deported, and about eight thousand Muslim men and boys left behind where executed and buried in mass graves. Now, reports from the time described, frightening scenes stiffen overawed from medicines on frontier. Speaking he. Loading some of the children and women into buses, but there's no indication as to where it was buses, going with seen some horrifying streaming, going on women and children going into the buses being taken away from their family This was going on with a lot of crying a lot of panicking. The slaughter had been planned carefully and executed with precision. All the wall Dutch. Pace is literally stood by, and did nothing indeed even when the Serb assault on Srebrenica was imminent. in-command is still rejected Kohl's racetracks. Positions. Pope John Paul. The second declared ribbon Nitsa a defeat for civilization as media reports begins to reveal the scale of the unfolding tragedy. The UN says nine hundred thousand people are still unaccounted for. About some became clear as government soldiers emerging from the forest in central Bosnia, told of horrific massacres at the hands of the Serbs one young. People executing them on spot, but this didn't come out of the blue. By the time this massacre took place the civil war that tore the former Yugoslavia. Repot was heading into its fourth year. More than a million people have been displaced, and the world became familiar with a new term ethnic cleansing. So? Who is to blame for these well? Let's start with the United. Nations from ninety two to ninety, five shrivel Nitsa was the world's first union declared civilian syphon. It was supposed to to her aggression. It was supposed to aggression and set the scene for political negotiations to end hostilities between the Bosnian Serbs, and Muslims, but the UN soldiers in the SIPHONS. They were bedeviled by problems. If you declare an area safe haven in the name of the United Nations. Nations if you tell the people if they are safe in the name of the United Nations you have got to put the troops on the ground, and it's no good for politicians say yes, we go for safe havens, but we're not gonNA put the troops meanwhile the Europeans vacillated and equivocated failing miserably to cope with across at its own back door. America was also reluctant to get involved as then President George Bush senior explained in Nani Nani to. I? Something because I learned something from Vietnam. I am not going to commit US forces until I know what the mission is to the military. Tell me that it can be completed until I know how they can come out. You have ancient rivalries that have cropped up as as Yugoslavia's dissolved or getting dissolved, and it isn't going to be solved by sending in the eighty second airborne, and although on the campaign trail that Ye Bill Clinton pledged to reverse the appeasement of that bushes of Belgrade as President Clinton allowed the Balkans to bleed for three more years. French President Jacques Chirac was moved to declare quote, the position of the leader of the free world vacant. Trinite Sur changed all that having done nothing the before during the mass killings in Rwanda Clinton was galvanized into action, and crucially he cut the United Nations out of the Decision Chine on August thirty Washington led a night bombing campaign against the Serbs the NATO action began early this morning. The harsh light of fires and explosions coloring the night sky. Some people watched the bombardment from their houses, but after more than ten thousand deaths here in the last three years, most Sarajevans had given up any hope of outside intervention. Last night it came on a scale which could yet change the course of this war by the end of not ninety five sixty thousand nine hundred troops, including twenty thousand Americans were on the ground in Bosnia. Pace was declared. The BOEKEN's wars ended only because the US finally acted. He's President Clinton in November ninety five my fellow Americans in this new era there are still times when America and America alone can and should make the difference for peace. The terrible war in Bosnia is such a case nowhere. Today is the need for American leadership. More stark are more immediate than in. In Bosnia in the years since the Mexica Europe inaction was heavily criticised, and the US was held up for its global leadership in particular for its unilateral humanitarian intervention. This is when the US secretary. Of State. Madeleine Albright said America was the indispensable nation, and that idea would fade into the justification of the Iraq invasion in two thousand and three as a war of liberation, but he's a question with the US intervene. If the shrivel Nitsa massacre happened today from the standpoint of twenty twenty, we might ask if the era of US unilateral humanitarian intervention is well and truly over. Well, that's it for this week. Show remember if you'd like to hear the episode again or download segments since two thousand fourteen. Just go to ABC. Dot Net dot US slash aren and follow the prompts to between the lines, or you can listen via the ABC. Listen APP, or wherever you get your podcast. You can even subscribe, so you never miss an episode. I'm Tom Switzer continue next week.
Optimal Finance Daily
Is it Selfish to Pay Yourself First? by Joel of 5AM Joel
"Am Joel Dot Com. When you hear, pay yourself first. What do you think of? It sounds like something. A rich and greedy person would say. Let's break it down. Pay Equals something money related yourself. I equals something selfish, the complete opposite of what our parents taught us. Okay now let's see what happens. If we include the words in a full sentence. Pay Yourself First, so you can help more people later. Pay Yourself first a little bit, and then pay others allot. Your family will never starve if you pay yourself first. Giving becomes easier when you pay yourself first. doesn't sound so selfish anymore. Maybe the people preaching this are onto something. You may be familiar with to pay yourself first rule for saving money and growing wealth I. I read it in the old book. The richest man in Babylon the book tells a story that makes you rethink your priorities when distributing your hard earned money, most people out there are living on a tight budget. They have their income minus all their expenses and afterward they WANNA save every cent possible with what's left over the problem. Problem is what's leftover. What's left over might be a decent amount, or it might be a little amount, but most of the time it's not very much or nothing at all. Saving might be a priority for people, but for some reason it's usually the very last category to get paid. If saving money is a true priority, you need to treat it as such I drew a quick illustration in this post showing the difference. You may have noticed the pay yourself. First method involves both pre tax and post tax savings. We can chat another time about avoiding Uncle Sam. Paying yourself first insurance. You never skip out on your savings. No matter your income, no matter your age, no matter your debts or loans in life paying yourself first out of every paycheck means you are consistently growing wealth. Time. Pay Yourself first is not always a money related saying is, isn't time supposed to be our most precious asset just like money? Most people have good intentions of saving their time. We constantly learn to be more efficient and create shortcuts wherever possible to gain more free time, but again most people have the what's leftover mentality with their time. Although personal time might sit at priority number one in their brain, it's the lowest paid category each day just by shifting the clock and moving priorities around the person who follows the pay yourself first method. He's never missing out on personal time. The always have spare time. Do you know anyone like this? I know you're probably sick of hearing. My five am stories. You might even argue that you're most productive. Hours are between nine and eleven pm each night. If that's honestly true for you, I'm jealous of your gift. giving. So far, we've covered making sure that you're always paying enough time and money to yourself, and it may still sound a bit too selfish. What about giving to others? It's a common belief that rich people are greedy, and that people with too much time or lazy, but life is taught me the opposite, and so I've developed a theory. When you're in abundance, you usually share more when my wife and I I moved to Los Angeles. We lived on the outskirts of a very fancy
Motley Fool Answers
Which Companies Won't Survive the Pandemic
"Which companies are least likely to survive the financial fallout from the corona virus and Bro recounts yet another painful and baffling week in the global economy and stock market. All that and more on this week's episode of Molly Glances Bro. What's up the stock market? Of course make any well. Let's review what happened during the first week of May ending on May eighth so the S&P five hundred was up three point five percent for the week so at this point it's only down nine point. Three percent for the year. Nasdaq even better up. Six percent for the week that puts in positive territory for the year so during one of the worst economic downturns ever. The Nasdaq is up. Almost two percent small caps also had a good week. Five point seven percent but they're still down sixty percent of the year international stocks up three percent but down eighteen percent of the year and boring old bonds or down slowly stat. Were down slightly last week but up five percent for the year so if you're looking at your portfolio it's mostly all good news. The badge news from last week came from the monthly employment report. So we've been talking every week about job losses. Those are actually figures of the number of Americans filing for unemployment with the state's the last Friday the US Bureau of Labor statistics otherwise known as the B. L. S. announced the official employment numbers for April and these figures are based on surveys of tens of thousands of households and employers. Just to get an idea of how many people are working how people how many people are not working and let me tell you. It Ain't pretty for the month or twenty million. Americans lost their jobs. Driving the unemployment rate up to fourteen point seven percent now. At least that's the figure you probably saw if you pay attention to the financial media however the actually releases six unemployment rates every month the one that most of us here about in the media that fourteen point seven percent in April is technically known as the Youth Three. It measures the number of people out of work and the people looking for a job. But think about that second part and ask yourself how many unemployed people are looking for a job right now. The fact of the matter is millions of Americans have put their job searches on hold because know they probably wouldn't be able to find a job or they don't feel like it's safe to look for a job and then there the Americans who've had hours cut back so essentially there are millions of Americans who are working part time. They wish they could work fulltime but they can't actually. Uncle Sam has a number that captures all of these people as well it's known as the U. Six and it led to twenty two point eight percent. Wow last month. So it's the highest just about the highest ever when you look back at the great recession of two thousand to two thousand nine. The highest rate was just seventeen point six percent and it took more than a year to get there yet during this pandemic panic and only took two months to get there and it's really the worst we've seen since the Great Depression. Add to that. Another five percent of the workforce that was categorized as quote employed but absent from work and some people are furloughed but some of those people probably should have been considered unemployed. You add that and you can see why Treasury Secretary Steven Mnuchin said on Fox News this weekend that the real unemployment rate is likely closer to twenty five percent. It's probably going to be even higher in May. Now if you dig a little bit more into the report every major sector lost jobs with the heaviest losses coming from leisure and hospitality where forty seven percent of the people were laid off that wipes out all the jobs created in that industry since nineteen eighty eight according to the Washington Post the sector of the fair. The best were utilities. Lost thousand so if you want job security contact the water company or the electric company or something like that. There was some good news that least seemingly good news on the surface in the report and that was average hourly earnings increased. Five percent believe it or not people making more money but the report pointed out. The reason that is true is because most of the people who are losing their jobs and not calculated in that are lower income employees so the reason it earnings went up is because it took out all the lower income folks at least the lower income folks who lost their jobs. How are American households reacting to all this gloomy employment news? While they're here is some genuine good news in March. The personal savings rate jumped thirteen point one percent that is the highest rate since the nineteen eighties. Americans are borrowing last. According to Federal Reserve Total. Consumer credit fell three point. Four percent on an annualized rate. That's the first decline since two thousand and eleven so good job America doing the smart thing and then finally despite the downturn in the economy Goldman Sachs predicts that disposable income will go up this year. Thanks in large part to the government stepping in to make up for what many people have lost sell from their research. Report quote combining forecasts of Labor income corporate dividends proprietors income interest rental income and tax cuts and government payments. We project that total disposable personal income will increase by zero point five percent in two thousand twenty which is pretty remarkable. You think about it.