Just respond. Yes. Okay. Okay. We're recording now and but you'll need to make that announcement. Okay. Good evening. This is the town services and outreach committee. And the reason that I'm sharing for the moment is because we're. Each year as committees are reappointed or appointed. They have to elect a chair and a vice chair. And one of my jobs is to run the meeting until that happens. So. Let me start with a couple of things like first of all, given that we have a quorum of the TSO present. I'm calling the meeting to order at 704. This meeting is available by zoom. And also can be viewed later on a tape. It's also available by phone. And we are allowed to do virtual meetings based on the legislature. And that is extended the open meeting law to allow this. So I'm going to start an alphabetical order. Just make sure you tell me you can hear and be heard on a Devlin got here. Hello, I can hear you. Great. Anika Lopes. I can hear you. So. So shall we ball mill. Actually was the first one so much for my alphabetical order. I'm here. Dorothy Pam. I can hear. Thank you. And Andy Steinberg. And Kelly Miller is joining us tonight as our note taker. And on Athena is with us. At least initially. So. Without further ado. You may volunteer to be present to be chair of TSO. You can be nominated to be chair of TSO. Or things get dicey. We'll draft you to be chair of TSO. So with that. And nomination or a volunteer does not require a second. So I'm going to ask Anna who's just put her hand up. I'd love to nominate Anika Lopes to continue in the position of chair. Okay. Dorothy, I can't hear you. I second the nomination. Thank you. Even though one's not required. Are there any other nominations? Anika, do you accept the nomination? I have to be able to hear you. Yes, thank you. Okay. So we will take a vote. And this time I will do it alphabetically. Thank you. First of all, Anika, is there anything you would like to say? Thank you for trusting me to continue as chair. And I'm looking forward to the good work that we'll bring forward together. Thank you. Shalini. Yes. Anna Devon got here. Yes. Anika. Yes. Dorothy. Yes. And Andy. It's unanimous. The floor is now open for nominations for vice chair. Shalini. I nominated Anna for vice chair. She wants to continue. Anika. Dorothy. Okay. Anna, do you accept the nomination? I do. Are there any other nominations at this time? I don't know. Anna, is there anything you would like to say? Anika has made my job very easy so far. And I hope to continue to support her. Ever I can. If I'm selected to continue in this role. Thank you all for your support. Okay. And we'll do the vote again. Shalini. Yes. On Devlin. Yes. Anika. Yes. Dorothy. Pam. Yes. It's unanimous. Congratulations to both of you. I look forward to the good work of this committee. You have a lot of things on your plate and. Please let me know how I can support you in accomplishing those. And with that, I'm going to go to my other meeting. Okay. Bye. Thank you. Anna. Yes, I do. I, I, this is the point where I do have to leave you all. I'm sorry. I was just jumping in for that quick agenda item. This is the only meeting I can't make.  So much. See you. Thank you. All right, everyone. I'll have to ask you to bear with me. If I suddenly lose voice. With this thing as we have no town manager appointments. We'll go into our. Our schedule has everyone had a chance to look at thank you. Thank you, Athena. We're pulling that up. Has everyone had a chance to. Look at the schedule and consider our. Suggestion that made a good sense by Andy that we continue to start our meetings at seven p.m. Okay. So what are some of the ones in yellow moon? Oh, it's that's either or okay. Right. So I left some options. So I put this together for the committee. There was. I didn't know if you'd like to have two meetings in July or if you wanted to. How you wanted to break these up. I think. Some folks have kids doing April vacation. So that would be part of the discussion. Depending on. What folks were doing in April and then maybe you, you did or didn't want to have that August one or you wanted to pick. So I just left some, some options because I wasn't sure about everyone's schedule. So that was. I was anticipating that would be part of the discussion tonight. You can leave these, you know, we could, we could pick one of these and go if needed. Or we could do this. However you'd like. Okay. Well, I'm going to just started off by saying on April. April, I would prefer. The 20th to the 13th. It's putting in a dibs there. Any objections? No. Not for anyone else. Okay. I have a question. And also for everyone else. Are there any dates just depending any of the options. That anyone would like to kind of keep. And as needed. In the event that we do need to. Fit a meeting in due to our workload. We kind of have a ballpark of when that could be. Yeah. Yeah. I'm going to repeat that again. So with some of the options. Wait a minute. The other ones are. Fairly close. Yeah. Here it's. Do you want. Yeah, they're tight. So maybe. Maybe the, um, for August. Since there's a 24th or 31, we could maybe keep that as. If, you know, if needed. If we do need an extra meeting and we could look at that in an advance. If we are a little behind or for whatever reason that we might. At least we have something. Um, tentatively planned. August is also a big vacation. I'd imagine. So. Any thoughts? Well, I think we have a question about June. Is really, do we want three meetings in June? Because that's why it's got there. The 29th of June would be the third in June. Or it would be. Having two meetings in July. So I don't really, it doesn't matter to me, but, um, If's if anyone's going away in the month of July or the month of August.  May I make a suggestion? Yeah. Can we just do both of these if needed? The 29th of June is, is if needed. And the 27th of July. Is if need both of them. Okay. Right. Just so because I don't imagine everyone maybe has their summer plans laid out yet. Exactly. And then my suggestion would be to next the 24th, because that gives kind of a wider space in between August 10th and the 24th of July. And then I think that's a good idea. I mean, I don't have any summer plans, but this isn't set in stone. If the committee adopts it and we need to adjust things.  We're okay to move things around if we need to, but it might be just helpful to have. Have those like that. How is that? Makes sense to me. Would you, shall I see your hand this up? Yeah. Yeah. I think that's a good question. For Athena. Do you have the CRC. Schedule also. I did try to make these on alternating weeks. Okay. Is that that's, I assume that's what we all wanted. Yes. Okay. Okay. Okay. So this is taking into account that. Okay. Yeah. And some overlap is fine because now we've also pushed this forward to seven. So it's fine. Like today. Athena was very thoughtful with for both CRC and attack. Thank you. Right. So is this. I have to admit that there's a. I'm not flicked in that Dorothy jumped in on the April date. I would have gone the other way. I'm more likely to have a problem on the 20th and on the. Prayer week and. It's not. Set in stone because. Schedule it's a family problem. And I don't know if I. I don't know. I don't know. I don't know. I don't know. I don't know. It's a less certain day. Right. Are you flexible to go back to the 13th, Dorothy? I could just miss a meeting. There's a speaker series and friend is speaking. And it's a. Amherst women's club and I have to be there. So, you know, but I could just miss a meeting. I think family and vacation are really important. But, you know, of course the speech could be. Changed things. Schedules change, but right now I have a conflict. Yeah, I mean, that's the problem too, that there's not 100% certainty. It's just that. The 13th is safe in the 20th is uncertain. So it's sort of in that category too. Yeah. So I'm willing to go with the 20th. I'm willing to go with the 20th. But there's a possibility that even though I'll be. Tending to the other things at times when what's going on. At that time, but it's possible that I could make it because. Zoom meetings that could make from anywhere, or if we can't do zoom meetings, then. I still could probably. I could do remotely anyway. I think that's a good idea. I think that's a good idea. I think that's a good idea. I think that's a good idea. I think that's a good idea. I think you know, and, you know, maybe March, because as a, as Athena said that we could change, we could change that. We could change. I hope so. So we could, we could leave it and then if, if, you know, need be, we can change that. So we'll leave it for the 20th for now. Yeah. And then make sure we have a quorum for that thing. I can, I can make it hard for Nika. And just reminder. Mila Sherman is giving a speech. Yeah. That's not fair. That's not fair. Yeah. Okay. So. Excuse me. I'm sorry that someone else was talking. So do we need to vote on this schedule? Athena. Yeah. Let's see if there's a motion to adopt the schedule as presented at this meeting. Okay. Oh, I will, I will, I will move. Thank you. Second. Okay.  Yes. Dorothy. Yes. And I'm a yes. Great. Okay. So we are going to move on to public comment. We have anyone with us. In the audience. I see that we have two Darcy to one and Jennifer. Hi to both of you. Thank you for joining us. Would either of you like to make a comment and or so would you raise your hand please? Okay. Jennifer. Oh, hi. It's really not a comment. I just was. I was just listening and I didn't know whether waste hauler was going to come up, but so I'm just in the audience. I just wanted to say that's just why I'm here. Thanks. All right. Thank you for joining. Okay. So moving right along. We are having quite a, I just saw that we have a. Caller joining us in. We were just moving out of public comment. But if you would like to make one, please. We're going to move right into approval of the minutes. We're going to keep moving. We're going to move right into approval of the minutes. We're going to move right into approval of the minutes. And we will be back. Please stay with us and we will bring you in. Okay. I'm going to keep moving. We are having a fairly brief meeting this evening. But we're going to move right into approval of the minutes. So we have both of December. 15th. And our January. December 15th, 2022 and our January 12th, 20, 23 minutes, Anyone have a chance to minutes? Okay. All right. Would anyone like to move to approve the minutes? I'm happy to. If I may before I'll make the motion in just a second, but. I offered some changes and. To the first set of minutes. And they have been adopted and the Athena sent out revised minutes. And shallony may have also made some suggested changes. To one portion of those minutes also. And I think that everything has been incorporated from our suggestions. So. Based upon. That I would like to move that we approve. The minutes. As. Amended. For. December 15, 2022. And as submitted. For January. 12. 2023. Could ask a question. I thought I'd printed to December 15th minutes and. Throw it out, but the one that I have in my hand does not say revised. Does it say revised on the minutes? I didn't put revised. I didn't put red lines. I just, I'm sorry. The updated draft didn't include that. The one that's posted it has been updated. Thank you. Yeah. Okay. Do we have a second? Second. Okay. Thank you, Dorothy. Thank you. Thank you. All right. We'll have a call and shall any. Yes. Andy. Yes. Dorothy. Yes. And I am a yes. Thank you. All right. We will move on to announcements. Does anyone have an announcement that they would like to share. I think there's a lot coming up. Black history, mom, but go ahead, Andy. Yeah, I guess. I should say that Shelley and I is the two. Cosponsor members of this committee cosponsors of. The bylaw proposed on trash hauling changes. That we are, you know, we have talked about trying to strengthen the work plan. And I think that one of our first step is going to be. Suggesting that we inquire. With the town manager and the superintendent of public works. About where things stand. As far as what they have in a work plan. With Susan wait and what the timeline is. For Susan wait to complete the work that they've asked her to do. And then. I think that we'll be in a position to. Move forward. And actually. Define the steps that need to belong to the committee. And that we would like to have a goal. Of making sure that a bylaw amendment. Is in final form for, for presented. Presentation to the council and action to the council. And I think that we'll be able to do that. During everyone's current term. I'll turn it to Shalini. Anything to add. And thank you, Andy, for providing that update. I completely agree with that. And I think I just wanted to. Add to that. I just wanted to add that. And I think that. I just wanted to add. About and the workflow. From Susan, then I think then. It's on us as the TSO committee. We can work with Anika to come up with the. You know, in the agenda, how to create a work plan for us. In terms of the discussion points that we need to have for the bylaw with respect to the bylaw. And. The zero waste. Group did a residence survey that's a Susan had asked them to do. To get feedback from the existing residents about. Different questions and that was vetted by some of us counselors and also by the town staff. And they're like 400 residents who have so far responded to that. So like, there's going to be a really healthy amount of information that Susan will get from the residents. And then the other thing is. I think. Once we have as Andy was saying that information, then I think we need to sit with you and you can figure out the plan and. Set the dates for the other committee members to also send their non-financial. Is that Athena too much? Yes. Okay. Okay. Okay.  One of us. Yeah. So, so I had suggested to a Nica that we have a preliminary conversation with Paul because it's going to take quite a bit of coordination between the committee members. And staff and Paul. Right. And I was sort of using Mandy's CRC. And I think that's going to take a little bit of coordination between the committee members. And I think that's going to take a little bit of coordination. Work plan as sort of a template. And yeah. And so that's going to take quite a bit of coordination. Obviously Paul is he's not here tonight. He's gone today and tomorrow. So we're hoping to have sort of an initial conversation with him before the next TSO meeting. And then a much more robust conversation with TSO to sort of kind of put the. Put the initial steps into that. Work plan using the CRC work plan as a guide. So that's going to take a little bit of coordination between the committee members and staff. And I think that's going to be helpful for at that point. So we were hoping to just sort of. Browse through what TSO has on its plate tonight. And then get, get more into it next time when Paul with us. Okay. That would be amazing. Thanks for letting me jump in and. Yeah. No, no, no. That's really helpful. Yeah. Thank you. Kelly or Ham is up. I just wanted to ask for the sake of the minutes. This is a question for Andrew Steinberg. I think we had a little bit of a question for the panel. So what do we have now? By law that you are making the announcement about previously. What do we do? What do we have it now? It's shallownay. Is it on the. Worksheet. The way taller by law. It says universal refuse, comma recycling and combo. Yeah, yeah, yeah. You tend to use shorthand a lot. Chill. So just once more, it's universal refuse. Comma. Recycling. Recycling. And composting. Excellent. Thank you. Thank you. Right. Yeah. So, and I'll also add just quickly. I know last. Meeting before we were, before I actually, my battery was lost. I was just giving a brief update on the walk. We had an East pleasant. And we were actually looking at a dark patch at sidewalk and. And then I wanted to thank Paul, who's not here with us. You know, I'm happy to report that that light is back on. So yes. And that has made a big difference. Thank you all for that work. Great. So with that. Speaking of, so here is what we. Have on our plate and have in process. Have. Finished. So right in front of us is just what we have finished and. What is not complete and what is in process. And then again, what we have not started yet. Has everyone had a chance to look through this list? I have, but I have to say that a lot of it is. The stuff underneath. Under other regular business per committee charge. That so much of that is extraordinarily general. That I don't really know. You know what we will do. The only one that I had anything specific on was the last one. Which was review and make recommendations. Town council on issues and measures regarding the relationship. To the town of Amherst institutions of higher education. And I just learned something interesting. With maybe last night of the night before at the CSSJC meeting. That. You mass used to have an upward bound program. On it. I think it was, I think it was that meeting. Or it might have been another meeting. I was, I've been on a lot of meetings. And I think that there used to be an upward bound program, which was really good. And you know, I served. Bob and I were counselors on an upward bound program. Long, long time ago on the Cornell campus. And we have sometimes bumped into some of the students who are on it. And they have said, you know, life changing. Very important. And I think that one of our. Institutions of higher education. I think we should have an upward bound program again. I think we should have an upward bound program again. I think we should have an upward bound program again. Amherst college. I know they have a lot of fine programs in the summer. When I did there for the co-festival. Theater project. I'd see groups of young people around. But this would be a program just for people who lived in. Young people who lived in Amherst. Whereas I think the Amherst college programs draw from a very much wider. Group. I mean, I think the Amherst college program. You know, this is a man, Don Brown. So he was actually the first. Black director for upward bound here in Amherst and the youngest. My mom was actually at upward bound. And I think you have generations up to like fairly recently. That were there. So I do think that. That is in the worst. It was also community member, Jim Collins, who was a direct, the director for. The Amherst college program. It was in the 70s. It was in the 70s. Well, I was, I was on it. Probably the first year it existed. It was 1966. In Amherst. No. Oh yeah. I was talking about the one here in Amherst. One here. Yeah. But 70s was pretty early days. Yeah, you're right. Yeah. One here. I was, I actually was just talking with. With John Brown last night. He talks about upward bound all the time. It's a great. Program. And I believe some of that work is, is still, they, they have, there's definitely a group here. That still does this, this work with, with upward bound. Yeah. Yeah. They still have one on the ground that they're. Barcially at UMass. I'll, I'll remember the woman's name that I know leads it now. The work that they're doing to reinitiate. And I'll definitely connect you with those names. You're welcome. Very much. Thank you very much. Any other. Yeah, I just wanted to speak to the community. Engagement process that I had presented early on, and we never put a closure to it. But I just want to say that we round that process in CRC with the rental resident. Residential. Residential rental by-law. Yeah. And we did the survey and we've gone through the whole process almost. So there was a lot of lessons that we learned what worked, what didn't work. And. I think. Just. Seeing how powerful it is when you. Get a robust participation from the different stakeholders, because normally we tend to hear from the same group, but just by making a little bit of a difference. We did hear from a lot more tenants. We heard from a lot more landlords than we normally do. And it really provided a very well rounded. It's still not representative of the whole town for sure. But even so, we were able to get a lot more different voices, different issues. And like looking at the same issue from three days ago, we were able to get a lot more different voices, different issues, and like looking at the same issue from three days ago. And looking at the same issue from three different perspectives. I think was really helpful. So I would like to present based on the learnings from that at some point present to this committee and then see how we can formalize that and offer that as. Recommendation to the rest of council that when we are looking at issues, especially those that affect a lot of people affect the quality of their lives, how each committee can adapt it for their use. And have a process where how to go about it. Did you use something like that? Did you use that as well? When I noticed I meant to ask you when you were talking about the, the outreach that was going on for the waste, total bylaw, did you use that as well? And did you, and I also wanted to just clarify, did you say that you had 400 responses? That wasn't me or any of the council member. That was the zero waste committee. Yeah. Did they do something like what you're talking about? So they did their own survey and that is basically a survey. And it's not necessarily the process that I'm talking about, but I think it goes to speak to the idea that. So I think that's why we do a survey and using different stakeholder groups and different constitution, like, you know, different, we all, counselors have different. Email lists or different people have different lists and how we can use those to send out our surveys and collection processes to a wider swath of people. So that's what the zero waste people did. I think they sent it out to all their groups and then they sent it out to the commission. 400 people responding. But that's a little different. That's like just a survey, like what I'm proposing, which sort of I presented was just the process that we have a systematic process of defining what is the problem we're solving for. What are the intentions for a particular issue or problem that we're solving for who is getting impacted. And it sounds really cumbersome, but I think it's really a very thoughtful process. And it moves really quickly. If done properly. Can I ask a question, Shalini? Just so I know what to put in here. If that's okay. So it sounds like what you were suggesting was that. TSO take up a similar community engagement process with the refuse recycling and composting and then use that as a way to develop a tool to recommend to the council. Is that what. So that would be almost too. So actually I've already, we've already tested and tried it in CRC. So what I wanted to do for TSO was just to present it to us. And then we should definitely use it for the, for the waste. Hall or bylaw. So, but then would be kind of a separate. Yeah, I think the tool is separate. Yeah. Is it under. It's sort of under, like the advice on matters to broaden participation and ensure regular and transparent communication and outreach to residents of Amherst. I think it sort of comes under that. Right. Yeah. That makes sense that it would be. Yeah. Yeah. I don't know if you wanted this as like also a sub. The heading. Under here, or if we just want to include that in the work plan that's developed for that. Let me see. Under.  So under refuse thing, we should definitely use that process because we do want to have. Engage with different, like whether it's East getting feedback from ECAC, whether it's getting feed, like identifying. Who all, which are the committees that we want to hear from. Which, you know, what are the, who are the stakeholders that might be affected and how do we reach out to them for the public forum that we will be doing? How do we make sure that we send out and reach out to all of them. And if indeed we need other tools for engagement or is public forum going to be enough. So this is part of this process and also. Yeah. Thank you. Thank you. Okay. Any other thoughts? Yeah. And I think this, the speeding thing, we've been hearing a lot about that. Everyone is, you know, with all the accidents happening in our neighboring towns and here and there. And we've heard, I think all of us have heard in our neighborhood, neighborhood, some road or the other has some issue with it. So I want to hear what Andy has to say about it. Yeah, I raised my hand to comment on it too. I think that that's a big one that has is important to a lot of members of the community. We certainly have been hearing about it for a long time, going back to the last election and before. What I had suggested. If the time was in the very first year of the council. This was the whole subject of. The public ways was actually assigned to CRC. And TSO was split off because CRC was so big. That it didn't make sense. But that the then members of CRC. Received a very helpful presentation. From Captain Ting of the police department. And Jason skills, the traffic engineer. From the. Public works. And they talked about what were the challenges to. Creating changing speed limits and enforcing speed limits. And what the law is. And at this point. If we're going to take this up again, and I think that we should be considering it because there's a lot of anxiety about it. We may want to ask. Captain Ting and. I think it would be a good idea. If they would come back to the committee. To this committee. And sort of repeat the presentation. And because I think that it was, it was helpful, but it got lost because it was lost to the committee that. Just had no capacity to deal with it. At all. And. But the whole question of. What the law says about how you. How a town or city can change. Speed limits and. What the process is what the standards are. Is a. Not a simple issue. And. Then all of the other pieces that I described. Thank you. Very soon. Shawnee. Did anyone else want to say something? I'm happy to speak. I just wanted to say I made a note of the anti suggestion on here. I'm sending it to all of you. So you have it.  But I'll send this back to you with those changes. Thank you. I was just going to say that at the MMA, I spoke with people from the select board at in Hadley. And because of the recent accident, they actually spoke with the people at DOT. And so they were saying that the DOT has really changed the stance is very cooperative now. I don't know if that's something, but I was just wondering, and then I also spoke with. One of the council members from North Hampton, and they're also dealing with the speeding issue and all. So I wonder if it makes sense to. Reach out to them and see what they have learned. And in terms of the process. And how we can move forward. Yeah, you just have to be careful because I have. You have to remember that Hadley, their problem was. Route nine and that's a state highway. It is a different center. True. And a lot of the streets that we have. We do have a section of route nine that. Is that lookable to the same laws, but it's really the section. Okay. Out towards your house. And that's where you live. A lot is some of the other. Parts and. That's not where the largest. Plains come from. I think we can all name the streets that we hear about from. There is people in. None of them are. State. State roads. Okay. Major arterial roads of the town. Okay. So maybe we can at least send. Anika our list of like all the emails that we receive from our residents that these are the roads that we've heard. There's been a problem.  And then. And then the staff will know like which roads are stayed and which are our town and how we can move forward then. We'll be helpful. Thank you. All right. Any other comments. Or thoughts about upcoming. Okay. All right. So with that, we do not have. There was something brought up that was not anticipated. So there you are. Okay. Sorry. That's okay. Okay. So that's just the last thing in, we have all these things. And again, my question would be how are we prioritizing in terms of. Should we do them in parallel or. Like the ones that, so one of the things is that the waste by law, we do know that it has been accepted as a town manager goal. And so that's definitely a priority. And even given the number of residents who've spoken in favor. So that's a priority. That's something we can start working on immediately, but I'm not saying we should only work on that. So that the way we're doing in CRC is like, we have been working on the rental with a lot of focus, but then there are other issues that come up. So we keep time for other issues as well. So, but again, the other issues, how are we prioritizing? Like do we do speeding? Do we do community engagement? Well, you know, what could be helpful as Athena pointed out, we will have a permanent meeting just about some upcoming agendas. And so perhaps if everyone could send. Similar to. How Dorothy suggested last year, you know, order of priorities and just send them. You know, to Athena and I, and then we'll, you know, come up with something and of course, bringing it back to the committee so we can sort it out together and adjust what needs be, but then at least we have, you know, we, we have a clear understanding. We know what, we know what our parties are, then we'll know what everyone thinks and move it forward to make sure that we fit, we fit it in. Within this year and can track our progress. Does that sound okay? Everyone? Do we have a template to rank, rank it or should we, I think last year we were sent a major or should we take this list and then write in rank order it or something? Yes, that, that would be helpful. I mean, if you'd like something that's a little more specific, we can send it. If you could go from the list and just put what, what your thoughts and then even others, whatever else might come to mind after the meeting. Great. So we can just put a rank order like one, two, three, four, like that, something like that. Just, just give me one moment. I just want to give a date for that. So that way I can bring all of that with me and hang on just one moment. Sorry. Okay. So if you could do this, if everyone could get us to it, then I'd buy the second or buy the, actually the first if possible, the first of February. Okay. Okay. Thank you. Thank you. Just ranking the four. That our marks is still leading work. Yes. Or not started yet even to anything that is, that is there aside for, if it's not finished is up for grabs. It's up for rank. And if there's something else that you think of that you want, then add that as well. I'm not sure. I don't know. Yeah. I'm not sure if you can. I'm not sure what might be referred to us. If other things come before the council and then get, get referred to a committee. Yes. So we could be picking up others. We don't know anything about. This is true. So we can have, but this is what we know. And then of course we leave. Room the next part is what else could come to us. I think it's coming to us, but. All right. This was a quick meeting, but it's nice seeing all of your faces again and down. So I will see you soon and meeting adjourned. Have a great rest of the night. Thank you. Congratulations for being chair.


I'm a researcher at the University of Exeter and my work is at the intersection between public finance and development. The reason why I chose this field is because no sustainable development is possible without sufficient resources. I think the biggest challenges that tax administrators face in less industrialised economies in general are related to enforcement and data management. One way of dealing with these things is really to partner with researchers and through these partnerships they could gain more in terms of data management as well as in terms of research techniques in order to get insight from all these data and in order to have better research led policies being implemented. What really interested me in this workshop was looking at these new concepts of profit shifting which was not initially in my areas of interest and with what I learned. I'm not aware of what it is and how it is measured and where the gaps really are in terms of research.


Good afternoon and thank you. It's a pleasure to be here and have the opportunity to address you on the subject of the Fed, more about that in a second. And it is indeed an honor to be on a program that will culminate with the awarding of the Gary G. Schlabbaum Prize for Lifetime Defense of Liberty to my very good friend and colleague Walter Block. I have had the great fortune to have had an office right next to Walters for the past 10 years and this is our 11th. So I consider that just a wonderful thing.  I went down to participate in actually two conferences in El Salvador sometime in the fall of, I guess, was 1989. And the first program was a panel that I was on and people ask questions and that kind of stuff. And afterwards, I was sitting next to a fella from the Stanford Institute Alvin Rabushka and he looked at the program, the next program and he saw that I was gonna be on right before him on the next one when we were actually giving talks. And Rabushka turned to me and he said, and we just met that day. And he said, well, what are you gonna say, Bill? And I said, well, it's pretty simple. I'm gonna tell them they need to quit printing money. They need to cut their taxes. They need to free up international trade, get rid of all barriers to international trade. They need to deregulate their economy. As I started to talk, his face got longer and longer and he started to turn white and he says, what am I going to say? So, as I listened to Doug and Tom and Joe and David this morning, I had that same feeling, okay? So, I'm going to get a little bit off the topic. I will talk about what, not counting for the Fed, but I'm gonna get a little bit off of the topic and do some other things on the way. First of all, the Federal Reserve, or excuse me, the National Bureau of Economic Research, the NBEAW, who is the official orbiter of the business cycle in the United States and determines one business cycle, when we're in recovery, when we're in expansion, when we're in contraction, when we're in recession, those types of things, says that we entered into a recession in December of 2007 and we got out of that recession in June, at the end of June in 2009. So, that the recession lasted for about 18 months, a year and a half, and that we have been in recovery ever since then, well, I beg to differ. I understand that the people at the NBEAW have degrees from Harvard and Yale and Princeton and all that, which in some ways makes them suspect to me because I happen to check and Benny, the paper hanger, has his PhD from MIT and so I started looking and a number of these people have their PhDs from MIT, which makes me think that they are, perhaps with respect when it comes to economics, idiots of us in the sense that they're very good at doing mathematics but really don't understand economics. In my opinion, we are in a depression. The main thing that the NBEAW looks at to determine whether we are in a recession or not is two consecutive quarters of negative growth of GDP. Now by GDP, they mean inflation adjusted GDP. In other words, real growth, negative real growth for two consecutive quarters. Unfortunately, GDP is one of these aggregate numbers which in many ways is meaningless and the way it is calculated would scare you if you actually saw what the government does to calculate this. Equally important, someone this morning mentioned John Williams shadow government statistics that he puts out numbers that are in my opinion far more accurate than the official numbers put out by the government. The way you get to real GDP is you calculate nominal GDP. You try and find out the total amount of money that was spent in the economy in a given period of time or newly produced final goods and services. That's what GDP is, that's what they nominal GDP. How do you get from that to real GDP? Well, you use a deflator, a price index of some sort and you adjust it then for inflation. Now I think it was Joe earlier mentioning yes but each of us has our own individual price index, the price index that is relevant to each of us and that's true but when this real GDP numbers come out they use the standard government concepts and in this case they use the gross domestic product deflator, the GDP deflator. I want to tell you that they change the way they calculate this deflator. A few years ago they went from base weights to chain weights. Chain weights are a way to make the inflation rate look like it's not as severe as it is and they do other things to make the inflation rate, the official inflation rate understate the actual rate of inflation. Now if you understate the actual rate of inflation then you necessarily, necessarily overstate the amount of real growth in the economy. So when they tell us that the economy has been in recovery since the middle of 2009 I say they're out of touch with reality. More importantly, looking at GDP doesn't really give us a clue as to the real severity of the economy we're in now. According to John Williams shadow government statistics we have over 20% unemployment right now. By any measure, 20% unemployment is a depression. Even the government, when it puts out its U3 which is the third measure of unemployment, the U3 that it has, that's the one that you hear on the newspapers and newspapers and on the TV, that's the one that this week they said though it was 9.1% last month in September but in October it went down to non percent. Well that's what they say with U3 but if you go look at U6 where U6 takes into account not only those people who are unemployed but those who are underemployed and those who are marginally attached to the economy even the government admits that by U6 roughly one in six people in our economy is unemployed. That's a depression, folks. That's not a recession and it's certainly not recovery, okay? Well, how did we get here, okay? We got here the same way Europe got where it is. We have a welfare warfare state. The government makes war now. Europe's pretty much given up on the warfare part of that but the welfare part they've seen us and raised us. So governments go out and spend money. They can't raise the taxes for it. People will not pay the amount of taxes that the government wants to spend. Whether it's our government or the Greek government or the British government or the German government or the French, it doesn't make any difference. That's why all the nations of Western Europe, the European Union and the United States run budget deficits, can't get enough money. Well, if you can't raise some money through taxes what can you do? You can go out and try to borrow it. Now by this I mean legitimate borrowing and the problem with that is if the government's go out and try to borrow legitimately then interest rates will start to go through the roof and particularly in places like the Eurozone, although we had heard about sovereign debt being, because it was sovereign debt having zero risk, it turns out the people sitting on Greek bonds and Italian bonds and Portuguese bonds, et cetera, they're experiencing real risk. Well, the third way of course to finance the government's deficits is by printing money. Now when I say printing money I'm including the electronic version of that as well. Governments always want control of the money stock. They always want control of the money stock, they want to be in control because politicians, whether they be kings and emperors or presidents or prime ministers or parliamentarians, congressmen, whatever, always want to spend more money than they have. Who wouldn't? They're spending other people's money, OPM. So why wouldn't they want to spend money? Well, they run into a problem, they can't raise as much taxes as they want, they can't borrow the money so they have to print it. And of course the problem on one hand the welfare state but on the other hand the welfare state. And the welfare state part is they have gone out and told us that any problem we have should be solved and it should be solved by the government. And that means we have come as a people to depend on the government more and more. Whether it is to pay for the education of our children, for your social security check, for Medicare, for everything, we have come to depend on the government. We are no longer that self-reliant. There are many self-reliant individuals in the country but the country as a whole is no longer self-reliant. That's been true in Europe for quite some time. So the government has to get its hands on new money, okay? Now let me bring it. Some people think the solution is to go to a gold standard. Well, it depends on what you mean by a gold standard. If by a gold standard you mean a government gold standard such as the gold standards that existed in Europe under the Latin Monetary Union in the latter part of the 19th century and the early part of the 20th century, or whether you mean the gold standard as it existed in Britain and the United States, again in Britain a longer period of time but certainly in the United States from 1880, 1879, actually on until we went off of it in 1933, Britain went off in 1914, that won't work either because as soon as you go to war, as soon as you go to war, people won't pay the taxes. Wars are extremely expensive. Just ships are very, very expensive. The cost of a modern aircraft carrier would scare you and that's without the planes and the planes themselves are all cost tens of billions of dollars and they have at least 80 planes on a modern aircraft carrier. It's very expensive. The government can't get the taxes, okay? So what is the government to do? Gotta print money.  And so what happens invariably when you're on that kind of government gold standard is that eventually the government goes off the gold standard. Okay, whether it was Britain in 1914 and other nations in 1914, whether it was the United States going, how would you describe it? 95%, 98% off the gold standard in 1933 and with Nixon finishing the job in 1971, you know, but you go off the gold standard. So that's not a protection. The only real protection is not so much a gold standard but private money, whatever people agree to use among themselves as a medium of exchange, whatever they agree voluntarily to use. Now most of us in the Austrian economics area sort of assume that what would be used would be gold that people would choose to use gold. But it might be that people would use gold and silver, you know, but not by metallic, not with a fixed ratio of exchange between them but with the ratio varying between them. In point of fact, the fact that we had by metallic system caused us a lot of problems. It started with the, what was it? The act of I guess 1791, but Bob's looking, I mean, it was 1790 Bob, 91. Okay, well, we set up our monetary standards and interestingly enough, by the way, and I'll mention this right now, the gold standard that we were on was unconstitutional. We were on a gold standard and it was unconstitutional. In 1791, we determined that we would have both gold and silver coins. The most common coin in use of any size at that time in the United States was the Spanish milled dollar. By weighing a whole bunch of them and taking the average, they came to the conclusion that the Spanish milled dollar had 371 and a quarter grains of pure silver in it. And they said, ah, that's what a dollar is. And then they said, okay, and we're gonna have some gold coins, but they weren't gold dollars. They were gold eagles and double eagles and half eagles. And they specified the weight of gold in the eagle such that it was a ratio of 15 ounces of silver to one ounce of gold, which got us in trouble because the world market rate at that time was about 15 and a half ounces of silver and one ounce of gold. And of course Gresham's law came into play, which meant that overvalued goods drive undervalued goods of the same type out of the market. So the overvalued silver drove the undervalued gold out of the market. But the people in the United States understood, and I'll come back to this other part in a second, but people in the United States understood that our monetary unit was the silver dollar. And so in the 1830s, when they wanted to make an adjustment, they did make an adjustment, but they didn't change the weight of the silver dollar. They changed the weight of the gold eagle. Why is that? Because if you read the Constitution of the United States, there are some clauses where money is mentioned. And it says, Congress shall have the power to coin money and regulate the value thereof. Coin money, not print money, right? Didn't say anything about that. States were specifically prohibited from printing money. Article one, section 10, no state shall emit bills of credit. Bills of credit was the then current term for paper money. So they said states can't print money. The federal government can coin money. And the reason the federal government couldn't print money was because they had experience with the continental dollars and the expression not worth the continental was very current, right? And so what happened was they didn't give the federal government the power to print paper money. And of course, the 10th Amendment says explicitly that if the federal government hasn't been given an express grant of power to do something, then it can't do it. Only the states or the people can exercise that power. But then you go into the Constitution and you find the dollar mentioned specifically twice in there. Once in article one, I think it's section nine, where it gives Congress the power to restrict the import of slaves. It doesn't use the word slaves, but that's what they're talking about. After the year 1908, in other words, 20 years, you can import slaves, states good, but not after that. But in that same thing, it said the states, the Congress can tax each imported slave no more than $10. And later on in the Sixth Amendment, I think it's the Sixth Amendment, but you know, it says that you have a right to a trial at common law in matters where $20 or more is at stake. Well, now, if they thought that you were gonna be able to print paper money and inflate the value of $20 down to nothing or $10 down to nothing, why would they have bothered mentioning the dollar in there? They thought they were talking about something specific, the Spanish mill dollar, or the dollar then that we created, which had the same silver content as the Spanish mill dollar. Later on in the 19th century, as we went to use more and more gold, still gold eagles and double eagles and that kind of stuff, eventually the government, right at the turn of the century, officially put us on a gold standard. I think that year was 1900 exactly. Well, that's wrong. There's no warrant for that in the Constitution. The warrant in the Constitution is for us to have silver money. It's what it is. Doesn't mean you can't have gold coins, but that can't be your standard. The silver is a standard. Now that doesn't mean that that's the best thing in the world and maybe we should have amended the Constitution, but if you don't like the way things are turning out under the Constitution, then the concept of a living Constitution where a majority of judges happens to be non on the Supreme Court now, it wasn't always that, where a majority of five out of non-judges can decide what the Constitution means, we used to draw the thing away, because those five people can say it means whatever they want it to say. So, all right, enough about that. A little bit of, how much time do I have? All right, well. About, get carried away, sorry about that. About three years ago, four years ago, it became apparent to anybody, I shouldn't say, but it became apparent to some people that the U.S. economy, in a world economy was in pretty bad shape. In my opinion, the downturn actually started in 2006, okay? And, we've been in a downturn ever since then, a depression has just gotten worse and worse. Every now and then serendipity of cars, I was really getting into the events, looking at this, what's going on in the economy, it's turning down, and we're really having a mess. And in the very beginning, January, I guess it was or so, of 2008, I was asked, well, what elective are you going to teach in the fall? And I said, you know, something I've been wanting to teach for a long time, current issues in macroeconomics. And one of the students who was in that class, a very fine student, is with us today. And at any rate, it was just an absolute wonderful, wonderful class because, or absolutely wonderful, because I had not just that wonderful student, but about 12 or 15 really great students. And what we did was we read The Wall Street Journal and we looked at the things in there and we discussed what was going on in there throughout the semester, it was really great. But in preparing for that, I did something which I hadn't normally done. Up until then, I was a typical macroeconomist when looking at the Fed. I said, gee, what's the Fed doing in terms of monetary policy? What are they doing with respect to open market operations? What are they doing with respect to discount rates? What are they doing with respect to the reserve ratio? I didn't really look at their balance sheet. Then I started looking at their balance sheet for this course. And when I started looking at their balance sheet, I realized that there was something terribly wrong there. Okay. And I actually filed a Freedom of Information request, Freedom of Information Act request, which I'll tell you about in just a second. But comes that fall and we're in class and all I could, if I had to describe that class, I think probably the best way to describe it would have been with respect to the Fed, the acronym of the day. Because that's the semester, the term and starting in September of 2008 when they started coming out with the term asset backed securities loan facility called the TALF, the Money Market Investor Funding Facility, MMIFF, the asset backed commercial paper, Money Market Funding Facility, the CPFF, the Primary Dealer Credit Facility, the PDCF, the Term Securities Lending Facility, TSLF, and the Term Auction Facility, the TAF. They're coming up with all these things. It reminds me of what's going on in Europe right now. The fact of the matter is what were they doing? They were looking at all these financial institutions that were up to their ears in debt. They had liabilities over here and some equity. They had these assets at book value that weren't worth anywhere near what they said they were worth. And if they wrote them down, they'd be bankrupt. They wouldn't have any more capital left. So what was the Fed doing?  Number one, they were going to the financial institutions and saying, we'll take the junk paper off of your books in exchange for some good paper that we have, Treasury Securities, so we'll take it off, okay? That was one of the big things, just swapping good paper for junk paper. The other thing that they were doing was lending them money with the junk paper for securities. And the third thing they were doing was buying the junk paper. So their balance sheet started the balloon. The balance sheet, which at the end of 1999, the Fed's balance sheet was $670 billion, by the end of 2008 was non-hurt in 20, or excuse me, at the beginning of 2008 was non-hurt 25 billion. So that was up 35% over eight and three quarters years. You'd say, gee, that's real restraint for the Fed. The balance sheet actually shrunk from the beginning of January to the beginning of September of 2008 from non-25 to non-05 billions. It was at that point that Benny and the gang went wild. From the September 3rd of 2008 to October 2nd, it jumped from $9.5 billion to $1.5 trillion a 66% increase in one month, think about that. And then after that, by the end of the year, it had gone up to $2.265 trillion. In other words, they just balloon the Fed's balance sheet to get this junk paper out off of these banks, keep the banks and these other things going on. Anyway, make a long story short, I started looking at this stuff very seriously and I'll give you the current numbers, not the ones from that time. The Fed puts out a release, a statistical, they put out a whole series of statistical releases. Federal Reserve Statistical Release H41 from November 2nd, that's it's past Thursday, shows assets of 2.825 trillion, liabilities of 2.73 trillion means that their capital is 52 billion. That's a leverage rate of 53 to one. Now, if you believe that, you can understand why people panic and say, oh, the Fed could go bankrupt, the Fed, this, the Fed, that, oh man, we ain't troublein' all that. But I tell you the Fed balance sheet is fraudulent. It's fraudulent. The Fed has no liabilities. If you look at the bulk of that 2.77 trillion dollars of liabilities, just over one trillion is Federal Reserve notes. That's that paper money you and I use. How is that a liability to them? What are you gonna do? Take your Federal Reserve notes to the Fed and say, give me something? What are they going to give you? Just new Federal Reserve notes. Then the banks and depository institutions have over 1.6 trillion of deposits at the Fed. If they go to the Fed, they say, we want our deposits, okay, here's paper money. Where does the Fed get the paper money? It's printed by the Bureau of Engraving and Printing of the US Treasury and sold to the Fed for a nickel. Whether it's a $1 note or $100 note, it's sold to the Fed for a nickel the cost of production and delivery. Well, at one time it's true when those things were redeemable in gold, they were liabilities, but they're not liabilities anymore. So I started to wonder about this, how could they be doing this? And so I sent them a request. I said, when a Federal Reserve bank engages in a transaction whereby it acquires, Federal Reserve notes from the Bureau of Engraving and Printing of the US Treasury and is recording the transaction in its accounting journal, which account does it debit and which account does it credit? And for how much? Just tell me that. And then I got back a response. The Federal Reserve pays the Bureau of Engraving and Printing for the production cost of the currency. That's that nickel, as opposed to the face value. They don't give them face value for it. Well, that's where their profit is, right? I mean, wouldn't you love to be able to buy $100 bills for a nickel? My wife would. So would my daughter. I wouldn't. That's because I'm a good guy. And then they say, once currency is delivered to a Federal Reserve bank, transfers it into, out of, or among Reserve banks, they are recorded at face value. Well, where is this jumping value shown on the books? And it's not shown anywhere. And so then I looked at their audited statements and they do have audited statements by it's audited by Deloitte and Touche. And you can find this on the web. It's not the same kind of complete audit, obviously that Ron Paul wants. And it says, accounting principles for entities with the unique powers and responsibilities of a nation's central bank have not been formulated by accounting standard-setting bodies. The Board of Governors has developed specialized accounting principles and practices that it considers to be appropriate for the nature and function of a central bank. In other words, they jury-rigged the books to get what they want. The conclusion that I draw is that the Fed, as the US government, is an institution that's corrupt to its core. So I leave you with this. Ron Paul says, end the Fed. In my opinion, he's too soft-hearted. I say, end the Fed and put them all in jail. Thank you.


The study examined how changes in hematocrit affect the flow of blood through small vessels. The researchers used a computer model to simulate the movement of red blood cells and plasma in two dimensions. They found that as hematocrit increases, the red blood cells become less deformed, resulting in slower flow and greater resistance to blood flow. This finding corresponds to previous experimental data. This article was authored by Kenichi Tsuboda, Shigeyawada, and Takami Yamaguchi.


I ask you for a kari, how are you? I want to make sure it's fine. How are you? It's fine, I'm fine. I'm just glad that you are so kind of helping. So can you send your Instagram to me please? What, kido go? Kido go? Could you send me a feature? Ahh maybe. Yeah, I thought you would just send that to me and send it to you. I'm just going to have a little take it to level. Thank you. I want you to introduce yourself, but it's like we all know you, but where you introduce us. So what's up Bounce Nation family? My name is DJ Sadik the mixed genius and I can rise in the world. This is not normal, guys. This does not happen every day. Aras Juni anziwa api, lakini kuna video flani uli kuna bigger pose, flani apu na timanuele kuna. Kitambuki dog. That's all I wanted. That was nice to sana. Sana, sana, sana. I don't even know what I want to ask. You must help me. I'm a bit overwhelmed. Sawa. Ikwe teamwork. Misiatikitu, guys. Atawe kukuna suali tizakawa we hashtag is Baht Bounce Nation. Kabisa. Number two, Fagina Rivas, tell me about genius records. Onajiwa, as a DJ, every time una get wasani wana kamkwa, kwa sometimes wana kuliati angoma, znginez kusawa, znginez wana skia. Mabii, sani ana imbapwa, butuna feel, mabii kuna vidukada, ana izare kebisha. So, unlik wana shindwa. Nini nimta give back kwa industry, apart from, of course, nimi funza DJs at my academy, but nika filpia wasani, I think kuna input pia na izakwa na yopandia mziki. So, that's why I decided to start a record label. Apart from just recording other guys, ita kwa pia opportunity ya, upcoming artist pia kuhu, kwa pata opportunity ya kusho case, kwa kuna wasani wana izakwa in studio na wali pay for session, but kuna wasani ate yodo ya kulipia session, inakwa challenge. So, nili jwa, yu platform ita izakwa pia wasani kama opportunity, and that's why genius records, ina exist say. Glass is a case na zalipia rent. This is a lot, guys. This is a lot from all this drip and all this rasta. He said to him, eza tu rasta leo. Okay, we are blessed. Hashtag is Bounce Nation. Tell me about 316. 316 basically is an event that brings together industry players from artists, everyone in the industry. So, ili kwa tu platform pia ya kuhu, a platform where artists can come and showcase because for the gospel industry wana pata. Yes, wana release songs, but kuna platform ali wana eza kuhu jasa wana perform. So, 316 nili create your platform. First of all, kupati ya upcoming platform and also iku wekama a launch pad for gospel music. So, nili wana fanya 316, a couple of years back, kika take break kikidogo, then beginning of this year nika yanzisha tena. So, we used to do it at a restaurant So, when covid hit. I was just going to say covid. Took half kupos. So, up to 2 vitu zita resume normal zita ru di sun. So, that is an event ziendele because pia kuna ya ni ili kwa ni platform pwa especially 316 when Tulianza. Most of the artists, gospel artists wana let nwa ask ya say apondyo wana liyanza kuhu showcase. So, I think ni platform pwa pia kuhu nwa sana. So, mini kwa pana ya kuhu platform of King Slash wana muka. Kwa usha wka wuka? Kwe li. No, no ni pima. Bini covid hit ma zunna jaisiliwa desia to ni mubone In eko zna ni me kwa fun Febade Na shkud. Apale IG ni ni Mubani Kiasi kyali Kila Friday Buzande Nwa kwa fun sana So, talking about artists umu kwa in the DM for a catalog Umu kwa furawaya Umu kwa around Ni mma kwa sahga on mi kwa cooking credit Tengsh so hisha dissipara sa dille We live a wokune, that's what I should've said in the media as 200,000 to Two questions in one.  And is it solely gospel artists that you support in this way? Okay. Ani kiazana yu story wa wasani. Mi na support mziki powa. Nona. Misani aneza kwa not necessarily a gospel artist, but aneza imba content powa. It's not valga, it's pg. It's pg. Parental. No, it's pg. Parental. It's pg. But kuna goma zi ginia ni unona tu. Dewe ineza kwenongi ajiwa dem, but vilewa nongi ajiwa udem kwa isongi na fanya dem aka. Ineza kama item, ineza kama objectunona. But kuna song zi ginia, ineza unge, ineza kwa ineza si fude mi na zi kwa. Lakin ni mi song powa. Misani ame aneza powa, ame aarange powa, kila kikimu pangopowa, production ime fanya fiti. Doesn't have to be a gospel song. Napi una patata mi mi aza gospel DJ, si kila maali ratchez 100% gospel music. Kwa sababu kwa wedding. Kwa wedding kwa tata machi na, si watu una machi na worship song zi ginia, kuna love song zi tachezwa. That's why I'm talking about good music. Mi bora si valga tata kuna wasani na support when ni si necessarily gospel artist, kwa tata kuna content powa, wasongi. So li apili ili kwa ya... Ya kama badua kwa, sensitive iwa kwa fomfo badua kwa in... Challenge, sometimes challenge ina kwa anga wakati uko shule ala funa anza kwingia kwa industry for example, uta kutakuna iyo, kuna iyo shere re, kuna iyo kachapaka na anza kwingia, it tends to distract you. So miu preferata mi ili kwa even ili kwa natakasa na kwa DJ, but all the DJs I approached wakati, wakati ni li kwa... wakati maybe una kujafu events, wagwana ni ambiya, wukimali za tuchuo ni tafute. So mi I feel, nipo waku assuming you're an artist, wuki wa shule, andi kwa mziki fanya mazoez ina izo futu zote. Wakati umemali za sasa iyo imi kwa ondo kia, ingi asasa full swing kama yendo ona taka kudu. Yeah, the focus piece i pute. Isi vi zoto na fanya, there's not one time that is na gungana your TV host yourself, when I'm Sunny, when I'm DJ, you, when I'm TikTok, I'm a kwa na. Kido kwa. Ni limo ona. I'm Chef Chef, ok ni memstalk Instagram, when I'm Chef Chef kia. I'm a pickup Kido kwa. So, akuna DJ sadik, mwenye yu gombara na DJ sadik wengine? I think when every step of the way kwa industry ma kwa kariya kuna enda wuki grow, na one of the most important things ni kwa na team, wakatu kuna team ma wakatu team na waka za team, kuna kuta badeni na kua lighter. Same way, kida Kingsley wana work in the IU ni tunola.   So, vitwa zi kwa mi sa anatya ni semeivo. Kaba… Yeah. Kariya na jwa na whatisin. Same way nami di llegi opens na wasani. Sena requเรา carb .待du Hindi malayitim nasluyoti ka habitati k综ibrati. Muntua metu kakwa Akademileo Anata kwa kwa TV kama Kingsley Keshu Unona Kikiwa jwini Kingsley kwa na safari yami ya kazi Ni kama tanwa Takabla kuna trade Piga tu shugul, unona So DJs waliwa naanza Yani muna ni kwa na patience Yani weka puna jipata kwa TV yama kwa radio Lazi mu putin time Lazi mu connect nawa say that way Unenda wuki grow pole pole So yo expectation ya, what does it happen to for you overnight Lazi maya ni putin the work Trust the process Pole pole wiki to zi tawakout Unuli pata mua kenya Unata jibu vizuri Mama ni chemistry Tutko tu sawa I think, ok, most of the people that I've met In Haar How do I, let me rephrase myself Ok Ni meona In some certain situations It's a very good idea to have like See kagodparen TV But like a mentor of some sort Someone who's carrying you through And I am trying to be one to others Do you have someone who you look up to Ma zi uro na kumambia jo This one and this one is not working out Sijini ya chedu Do you have someone that you look up to? Ni muimu sana kukuna Ni muimu sana kukuna atukau Because industry is easy Na jua tawia as a host Ume kwa na experience ya kwa maybe in the journey So una kuta Sometimes una feel Kuna ezo times una kwa discourage Una feel eh sasa next step ita kwa ni So kitu ya kwanze ina kwangamio Advise wa say Whether you're an artist Am a DJ, am a creative Koyo industry uko Try to connect with someone Mwenye amekua before you Because number one thing atafanya Ataku sa idea kue Pukazile ma kosa ea li fanya Koyo safari So inafanya Safari ya keka meili kwa ya Five years before party big break Ya kwa maybe neza kwa ya one or two years Because amekua nyesha usifanya yusi Fanya yusi Fanya yusi So mentors ni very important Nakuna mentors Ata una nambayahu Ata maybe unge ina fizikali But maybe una fata tuka social media On YouTube una tizi lebitu wana fanya Awana ito indirect mentors Stil wana kusa idea pia So I feel it's very important Kuku wana ui umtuna wakuna ewe Na wengine ni mentors Amba ata waka kwa industry But wata kusa idea kuku Watu akili na bituza life Wana kwa mbia invest As much as una pata maybe Chapa kwa gigs Weka doa pa weka doa pa Jipangive So it's very important Kuku wana atuka aw Na pia ni important kuku wana Most of those guys una pata Siyo yes team Siwat wana kwa mbia kila kitu yes, yes, yes Wuki kwa siya pia wana kwa mbia Apu umechoma So lazimu kwa wana kwa mbia Kupasha pia wana kwa mbia Apu awa wendi fiti Umeni jipu iwi But minda kuru desha kwa iya wu Who is the person Or who are the kind of people Or give me someone you look up to Well, DJ City My pastor Anitua pastor George Masharia From City Lighters Church My mom pia We depend on her for counsels Ana Then kuna a lot of DJs Wala umeni sa idea through the journey Someone like DJ Neves Anitua Neves Anakwa kwa pia Izima inewa kwa uiwa pande Inginia KBC Iendewa lini train Naka nifunza everything I know Now Moz From Kubaba gave me an opportunity as well Nani kuna A lot of DJ friends across the board Kina Chris Darling Kina Krim Wata ni mabu izwangu So any time Nani siyesi kwa ma because Nani kuna watu neza kwa Nani watu na luka up to Wama kwa kwa industry Nani way back Kablamia tani hanzi kwa place Waka wengi So justa ki interviewee ishe But nilazima ishe at some point Let me just finish with the topic of the day And I'm Natka uni jibu Uni jibu Okay I don't know that the difference is But hey Look at you at me The question of the day is How do you know When it's time to move on Like project me jipa You've gotten everything That you could possibly Get out of this particular situation And it's time to go ahead Versus Kujiembia nime chokai give up How do you know When it's time to just Grow and move on I think In everything someone does Doesn't even have to be in the arts Anything that umutu anafani Lazima ikwe progressive Lazima ukwe Imoka nili kwa i place Next year nataka kwa i place So I think the best way kujua How to move to the next step is Ume achivi le golu lukume set Because of course when you're setting goals Kona zile short term Kona zile long term So I think the moment ume smash Gole moja I think I already nakwambia We can move to the next one Unona Kama kwa industry for example Una maybe ume play For a while una feel It's time to raise other people As well and I'll take maybe Baxit kidogo Ni growth pia Zila zima wunekani Kila time So me I think the moment ume The moment ume smash Gole moja Inakwambia You can move to the next one Kama upume panga Outa jua Uta kwa toki move aimlessly So I think Kitu inakusa idea kujua Kama unanda kwa the next level ni Ile golu nili set Ya nisi kwa same place nili kwa last year Una feel una songa Okay, nisa me umusho But India umusho Napa kanga mufutagani kwa also Because not to edge a bit Like baduna katu Ivo tuveni ulukuna kwa What is the secret? Pacha ni se metu ni Ni esu kwa sababu Nakuna Uta nili aremi sama Okay The last time We had a very very high profile guest Alitupatia link courtesy of DJ By the way thank you for asking So to drop ya kitu wambia Would they watch the Bounce Nation or something Admin karada ku record Juit tachezha In ta upload marakza Or we together Alright Alright Wagon people This is DJ Sadiq The Mix Genius And you're watching Bounce Nation Ustokia Okay one more time One more time One more time Ya wagon people DJ Sadiq The Mix Genius And you're watching Bounce Nation Don't touch that die Okay Hey Hey Hey Naskia kupoz na ewa jo Ene ewa luku jab Bounce Nation Mpige piche oko bale mko To be a Remember it's at WIPE from Facebook Y254Channel on Twitter Hashtag is Bounce Nation You have hand boulders for kami Thank you Thank you I want to squeeze you up Nage kwa tachezha na But thank you for being amazing Ya niki lam tu Kili lam tu nimu important Ya ni mimi Sizi function mimi pake Niki tuwa soong Mini DJ But Sizi tachezha soong Yungu kila siku Na itaji Kingsley Na itaji wei pia So everyone is important In the industry Kingsley let us do for him What he has done for us Ka bisa Ka bisa Alright DJ Sadiq The Mix Genius once again Introducing to you Nani Let a single naiwake Featuring Muhanji And Silva Mistaresh Ka bu


And there you have it, the closing bell at the New York Stock Exchange. U.S. stocks navigated choppy territory today following mixed earnings reports and a surprised rate hike from the European Central Bank. The Dow Jones ended the day flat up about 150 points. The S&P 500 ended the day up just under 1 percent. The NASDAQ is up around 1.3 percent. Joining us for more on this is Melissa Armo. She is the founder and owner of the educational firm, the Stock Swoosh. Thanks so much for being with us. So you know it's interesting, in past weeks we've talked a lot about sort of volatility. Tell us what was driving the market though today. Well really the big driver for the overall market today and especially S&P with Tesla. Tesla had earnings last night and the stock rallied a lot. Of course everyone knows Tesla and the thing is that the earnings were good. That's one of the stocks that's actually held up pretty good through the last six and a half months of the selling we've had in the market this year. That stock is still in an uptrend.  So I think that is the real reason we had the rally today because we didn't have good economic data this morning. We saw higher than expected unemployment claims so you would think that the market would have sold off today. But Tesla is a big part of the S&P and it helped the market move up today. People are thinking about those gas prices. Do you foresee President Biden's positive COVID test having any impact on the market this week and in which direction? Well we saw when that news first came out it was around lunchtime today. We did see about a 10 minute quick sell off that was news driven but the White House was quick to say that they were going to have a press conference at 2 o'clock today. It was unscheduled. I think with the proper care he's going to be fine so the market will pull off about it and I don't see that that's going to affect the market in the next coming days. The big thing that's really going to affect the market tomorrow to close out the week to see if we're going to sustain this rally we've had for the last three days is that Twitter earnings are out tomorrow morning. If for some reason Twitter tanks on the earnings tomorrow morning which is before the bell the market could sell off tomorrow on another wise pretty good week for the market considering the last couple of months. If the earnings are good on Twitter and Twitter's up tomorrow we could see a sustained rally into the close and this would probably be one of the best weeks the market's seen in the last couple of weeks but we've got great meetings coming up with the Fed in the next couple of days at the end of next week. There's so many things here that I think people are still concerned about the volatility. This may not be the end of the sell off and I think people need to realize that. Well Melissa you mentioned a moment ago unemployment claims so a new labor report shows 251,000 unemployment applications were filed in the week ending July 16th. Now that's up 7,000 from the previous week. What effect if any did this report have on the market? Well we were down a little bit to start the day even though we rally into the close we were down slightly this morning. I think the problem is again like if you're making a graph chart you want to see the numbers go down for unemployment. You don't ever want to see them go up. Remember we had COVID and then the numbers skyrocketed and then we started to come back through that recovery which took us into the 2021 when the market had a very bullish year and every single week those claims were going down, down, down, down, down. Now the last couple of weeks consecutively we've seen the claims go up. So this is the highest that we've seen them go up since the last eight months I'd say. So that's not really a good sign that we may start to trickle off again back down because people are concerned about a recession. Some people think we are in a recession you know that's up to the economist to decide what the reality is but if the Fed thinks that we are in a recession or going into recession and sees these numbers they could raise rates one point in the next couple of days. And I think that will be shocking to people considering the rate hike that we just had last month. All right Melissa Armell thank you very much. Thanks for having me.