Hello and welcome to the session. This is Professor Farhad and the session would look at the characteristic of various forms of businesses. This topic is covered in financial accounting, basically an introductory accounting course. This topic is covered on the CPA exam, but this is a basic review of the topic. Now the reason we're learning about this topic is because in the prior session, if you remember, we talked about something called the business entity principle. Let's take a look at the business entity principle again, just to see where this fits together. We talked about the business entity principle and we said a business is accounted for separately from other business entities, including its owners. So we need to, what we need to explain here is when you run a business, you can run a business under various, under various, various characteristics, various forms, various forms. And we're going to be looking at those characteristics of those forms. As always, I would like to remind you to connect with me only then if you haven't done so. YouTube is where you would need to subscribe. I have over 1600 plus accounting, auditing, tax and finance lectures. If you like my lectures, please like, share, put them in playlists. That helps me tremendously and it helps reach other students as well. This is a list of all accounting courses that I cover, practically all accounting courses that you can think of an undergraduate level. On my website, you'll have resources to additional materials such as PowerPoint slides, notes, through false multiple choice. And if you're studying for your CPA exam, 2000 plus CPA questions. So let's take a look at the form, the different forms of businesses. And specifically, we're going to look at proprietorship, partnership and a corporation. And this is an introductory course. Therefore, I'm not going to go into details about this, but we're going to look at a few things. The number of owners any particular business could have, how is it taxed? What is the owner's liability, legal liability and business life? Starting with the sole proprietorship, the word sole means one. So you have one owner by the by the by the by the definition of the term. The good thing about sole proprietorship, it's easy to set up. You don't need any paperwork. You just open a place, put a sign and start your business. For example, this individual is starting a tax service business. Business taxation, simply put, how is the business taxed? Well, guess what? The sole proprietorship, no additional business income tax. What does that mean? It means you have the owner, let's assume the business, you have the owner here and you have the business, two separate entities. The business makes a profit by the business makes a profit by generating revenues, by generating revenues minus expenses, you know, 150,000 of revenues. 100,000 of expenses. We have a profit of 50,000. Guess what? The business don't pay taxes. The 50,000 goes to the owner. Then the owner pay taxes on that profit. So no additional business income tax. So who paid the tax on this profit? Who paid the tax on this 50,000 profit? The owner will pay the tax. Owner's liability. If you are the owner of a business and it's a sole proprietorship, you have unlimited liability, which is risky. Risky. Why is it risky? It means you could be responsible for everything. Owner is personally liable for proprietorship debt. So if there's any debt involved, the owner is liable for that. Legal entity, it's not a separate entity. As far as legal, not accounting, as far as legal. Those two individuals are the same under the law. And that's why you have unlimited liability, because they're the same individual. The business life, how long does a sole proprietorship last? Well, the business end with the owner death or choice. If the owner decided to close the business, they can close it. Or if they die, the business technically no longer exist. Partnership. Two or more, two or more. You need two or more people to form a partnership. These people are called partners. It's easy to set up. Easy, yes and no. We have many types of partnership. We have general and we have limited. Now, I'm not going to go into the difference between general and limited because it's beyond the scope of discourse, but just need to know there are many types of partnerships. So in here, we are talking about a general partnership. No additional business income tax. What does that mean? The same concept as the sole proprietorship. Basically, a partnership and general partnership are technically the same. The profit goes from the business to the owners or to the partners. Same thing, unlimited liability. If we are talking about the general partnership, partners are jointly liable for partnership debt. Legal entity, same thing. No separate legal entity. Notice it's the same characteristic, the same characteristic. And what, when does the business end with the partner's death sometime or the partner's choice? They decide to let go. Now, again, I did not talk about limited partnership because the limited partnership owner's liability will change. Some owners liability will change, but again, it's beyond the scope of discourse. Corporation, you could have one owner or more, could have hundreds of thousands of owners called stockholders, can get many investors by selling stock or share of corporate ownership. When the corporation is only one class of stocks, we call it common stock or capital stock. Business taxation, this is different. This is a little bit different than the prior two. What happens here is this, you have the owners, here we go. And you have many owners and you have the corporation. Now, the corporation makes a profit. The corporation pay taxes on the profit. Then after paying taxes, the money goes to the shareholders because the shareholders are the owners. Then these individuals, they pay taxes again. So what we have here is something called double taxation. The fact that the tax is paid twice on the same amount of money. What does that mean? It means the corporation paid the taxes first time on the income. The corporation paid the taxes. Then the owners of the corporation paid the tax on the same amount. The benefit of a corporation is limited liability. In contrast to the other two, limited liability means if something happened to the business, the owners, the shareholders, are only liable up to the amount that they invested. They're not liable for corporate acts and that they can only lose what they invested in the business. That's different than partnership. That's different than sole proprietorship. It's a separate legal entity with the same rights and responsibilities as a person. The word corporation comes from the Latin word corpus. Corpus means a body. And that's why it's as far as the law is concerned, it's a legal entity. That's why it's a corpus. It's a body as far as the law is concerned.  It have an indefinite business life. Now we're going to talk about limited liability company or LLC, limited liability company. One or more. So you could have one or more. They are called members, not partners, not owners. They're called members under LLC, limited liability company. No additional business income tax. They get treated like partnership. They get treated like sole proprietor. There is ship for taxes. So the taxes are paid by the owners. Notice, just like the corporation, it has a limited liability for the owners, also called members. If you think about LLC, it's a hybrid. It has, it's a hybrid. What do I mean by hybrid? It has the benefit. It has the benefit. It has the benefit of a corporation when it comes to the liability and it has the benefit of a sole proprietorship and a partnership when it comes to taxes. So it has it both, the both of good, the both of good words. It's a separate legal entity with the same right and responsibilities as a person. It's a kind of, it's a corporation. It has a limited liability and the life is indefinite. So notice LLC is a hybrid LLC is hybrid and no wonder why they are popular form of business. Okay. Now this is an overview. Again, this is an overview for a financial accounting course, as always I would like to remind you to go to my website for additional resources. If you're an accounting students, invest in your career.  Also as an accounting students, invest in your education. In the next topic, we would look at the important account and equation, which is assets equal to liabilities plus owners equity. Good luck and study hard.


n't expect the young Turks to do much related to me, but it hasn't been covered a wide scale in the progressive independence space.  And I get it, that's all very relevant, but we don't realize that this stuff that's happening on the local level is basically neoliberalism. Remember, this happened under Barack Obama. Let's not give him a pass. He did not, a federal disaster was not declared. There's a difference in a federal disaster and a federal emergency. Emergency is a state level. Federal disaster would have sent the Army Corps in to just dig up those pipes. It would have been done in a year. That was not declared for some reason. Obama went there, you know, took a sip of water, which Michael Moore and others suggest wasn't even Flint water at the time. So, you know, Joe Biden, he likes to take credit for everything Obama's done. What about the failures? Should Biden answer to why this is going on still in Flint? We haven't even gotten to the point, Mike, that the water is still contaminated six years later. So to me, unfortunately, and maybe I'll write a book one day, it is really hard to gather information like this and break it, but that is not even close to as hard as getting the media to pick this up. I've had, I literally had one person from the Guardian say to me, yeah, we just think your sourcing is kind of not great here. I said, you think document, highly confidential documents from a criminal investigation is not enough sourcing for you. The former mayor of Flint on the record that Governor Snyder tried to obstruct justice, tried to get her to get Elijah Cummings when he was alive to back off isn't, like that's not enough. I said, by the way, the anonymous sourcing, like you do know for things like that, like certain individuals that might have knowledge about a criminal investigation will not go on the record because if they do, there would be problems for them. So it was just bizarre. And honestly, I don't have an answer.  And when it's not, it's very difficult to get accountability. Yeah, I think this kind of speaks to a broader issue with the media model and just capitalist media generally speaking. You know, if it's not sexy, if it's not sensationalized, then they're probably not gonna cover it because it's not going to be monetarily beneficial for them. And to me, I find this completely outrageous because you spent years now covering Flint. You've broken multiple stories, if not dozens. And you're doing all of this and you don't even necessarily know whether or not there's gonna be any payoff. Like for me, like I'll put out a good video and I'll feel like, man, I want everyone to see it and I'll be so gutted when it doesn't get like the views and clicks. But that's like one day's worth of work. Like this is years worth of work and it's not just that like you're revealing these issues and there's no faces. Like to me, the biggest thing that kind of keeps me glued to this story is the fact that we've been introduced to certain residents. You've interviewed them and then you've brought them back. So we're kind of seeing the progress or lack thereof that's being made. And it's just, it's hard to deny, you know, the emergency. It's hard not to be fearful of your own water supply. So I do want to get an update before we go about the actual water crisis because, you know, there's been funding. There's been the initiation of the process to replace, you know, the contaminated pipes. Where are they at? Like when are we looking at clean drinking water for the residents of Flint? Because it seems like at this point, it's just, it's never going to get done. Yeah. And I just want to real quick about the whole sexy thing. I think a lot of media outlets don't understand that there's a massive demand for this, for this kind of investigative reporting. I think they just lazy and they see, oh, it's cheaper to just put two schmucks left side, right side and have a food fight. But I mean, status coup, for example, I mean, we're not like gangbusters. We don't have like corporate fat cats, but like we've grown to like over 2000 paid members doing this, this kind of stuff. Yeah, we do live streams and things like that on day to day, but like people will support investigative reporting because they're such a void. So I do think a lot of media outlets are wrong. You know, maybe the term isn't sexy, but this is certainly desired. You know, one thing we broke two years ago, Mike, that we kind of rolled into this story, in addition to all this, Snyder's environmental department was cooking the data. They were literally cheating, which I think I came on with you about. Yeah, I think we talked about this, yeah. Yeah. So they, the numbers that they used for Snyder to kind of declare like his mission accomplished without the fighter pilot, they were going into the environmental officials were going into Flint residence homes and just running their water right before taking tests, which common sense you're flushing the lead out. It's against the EPA regulations, which the EPA confirmed that I broke. Again, crickets, a backstory to that is Newsweek magazine killed that story we were doing with them like a day before, which is a whole nother thing. So basically I could only tell you what I see and the residents I speak to, the media has regurgitated this nonsense that the water is back and restored or whatever. If you go to Flint, you will quickly meet people that are still getting rashes from that water six years later. You will meet people that are losing hair. They're quoted in this story, not to mention the long-term effects. And anecdotally, I drank the water, just sips here and there. It's like getting punched in the face. So it is not normal. They haven't even changed the majority, all of the pipes and they didn't even touch. So there's three pipes, the mains under the street, the service lines from the curb to the house and then the interior plumbing. All they did was change the service lines, which are curved into the house. What do you think the Flint River water just skipped over the mains in the middle and didn't damage the interior plumbing? Actually, our story reveals Mayor Weaver is also on the record that the current governor, Gretchen Whitmer, who as you've seen, the media has been really, really like propping up as potential Biden VP, she basically told her when the mayor was trying to get additional funding to change people's interior plumbing. Sorry, can't help you. There's Flint fatigue, quote, Flint fatigue in the legislature. So what do you do? You got a Republican governor that did it. His officials tried to cover it up. Flint and Michigan votes for this Democratic governor. I could tell you the residents of Flint were very hopeful. She actually vowed coming in, she's gonna reopen the Flint water pods that were free water bottles stations around the city. It's been 16 months, they're not open. She told the mayor, sorry, I can't help you. There's Flint fatigue in the state legislature. Well, I don't know, you're the governor. Maybe you could fight for it. It's both morally right and like good politics. That has also been totally ignored because CNN, MSNBC, it's kind of like Trump during the campaign, Governor Whitmer is basically living in their green room virtually. She's on all the time. Now, she should be on because Michigan has been hit hard, but nobody's mentioning that like, wait a minute, this relatively newer name in politics is being anointed as like a top five potential pick for Biden. She has not kept promises to Flint, which is a major environmental calamity still. So bottom line, it is very doubtful that the water is safe. They shut down the water pod. So, Flint is 42% impoverished. A lot of people are back to drinking from the tap because they can't afford to keep going and buy cartons of water. So it's a dicey situation. And I'll say to the people watching, a lot of people, I mean, shockingly, sometimes I get grief, Jordan, cover other things. You cover Flint too much. This isn't just about Flint. Flint is America. It used to be like the beacon economically of America. General Motors was born there. You wanna know why Donald Trump won? He won because a lot of people in places like Flint have had their jobs sent to other countries. So I cover Flint continually and I'm not gonna stop covering it because again, if accountability is not come, it does not come here. If there's no truth, if it is not revealed how this poisoning happened and how the cover-up happened, who is continually not doing anything, talking about the current governor, that's the playbook for other areas. And by the way, whether it's Biden, whether it's Trump, whoever the Congresspeople that are elected are, at the end of the day, if this continues in Flint, if there is no justice, it's coming to a neighborhood near you. Yeah, and that's why I don't understand personally why there's so little interest because I fully understand that there's so many crises happening. Genocide in Yemen, just in our own country, there's so many crises, but out of self-interest, people should worry about what's happening in Flint because as you said, there's a lot of vulnerable cities right now that are going to be dealing with this, if not now in the future. So if we don't fix this in Flint, then this is kind of a precursor to what may happen in other countries, in other cities. So it's really frustrating. But yeah, is there anything that you wanna leave us with in terms of like this story that you just broke and what you want people to take away from this? Because it is a big story. It's a really long read, but it's worth it because you go through all of the details. You and Jen did a phenomenal job. But you start like at the very beginning. So you're gonna get all of the details. It's a long read, but it's worth it. Anything that you want people to take away from the story that you just broke? We're not done. I have a follow-up. I don't know when this is publishing, but we have a follow-up coming out tomorrow because we found some pretty interesting information about the current attorney general who dropped all the charges. Might be some conflict of interest in her office related to the water crisis. So that will drop tomorrow. You know what I'll say, Mike? I think that book behind you really says a lot, Manufacturing Consent, because you asked why is it that there's not broader appeal? Because manufacturing consent works multiple ways. One of the ways is to manufacture consent for things. It also works in manufacturing consent for what's important. So the media, through what it chooses to cover relentlessly, Trump, the horse race, who's up, who's down, it's a form of programming, particularly in older Americans, no offense, but that's the general cable news audience to the New York Times readership. Obviously younger, even like under 50 and under 40 we're starting to realize aren't really that demographic. But if you never see stories like Flint, like East Chicago, Indiana, that has a major lip problem, we haven't even gotten into Kifas, which is a cancer-causing chemical from the manufacturing of Teflon being found all over water bodies around the country. Guarantee a majority of people watching right now have no idea that the hedge fund Sleazebags in New York, one of their big investments the last few years, water, because they think water might be the future oil and there might be a shortage of clean water. So all of this is massively important. But why would CNN, owned by AT&T, why would NBC, owned by Comcast, why would Amazon, owned by Jeff Bezos? I mean, why would any of these places find it important? They don't find these things sexy. So what viewers find sexy or not sexy is largely informed by what the media declares is quote unquote sexy. So that's why we started status coup. I don't wanna be like to bring sexy back, but we started this, we started this because I think people, honestly, how we have uncovered this is I've been there 15 times, Jen has been there seven times, but we've largely like just given the microphone back to the people. And you really learn where all the bodies are buried. When you go into these places as journalists, I don't talk to pundits, I don't talk to experts first, I talk to residents, because that's who knows who's corrupt. That's who knows. So the thing I'll leave the audience with is number one, we do have a YouTube channel status coup.  So status COUP, subscribe if you can. If you want to support this reporting, it's status coup.com says join, low as five bucks a month. And most importantly, spread the word.  Unfortunately, we're not gonna get action unless public officials are shamed. That's what I've realized. And the media, shame the media. Detroit Free Press only covered this because the attorney general's office came out basically threatening our source. They wanna find who the source is. Sound familiar to Trump? They wanna find sources, kind of subtly, I think threaten us to not continue reporting, which isn't gonna work. So this is super important. It's not just Flint. It is connected to coronavirus as we've spoken about. And I think Bernie said it best. Are you willing to sacrifice for someone you don't know? Yeah, exactly. And really what's important for people to know is that it's not just the simple, Flint still doesn't have clean drinking water, which we see people tweet occasionally just to kind of remind individuals of this crisis. It's a lot deeper than that. It's a lot more complicated. And the deeper you go, the more troubling the details seem to be. So just if you have time, I'll link to all of these, the articles as well as the videos down below. So definitely check them out. I wanna shift gears because recently you stated on Twitter that you tested positive for COVID-19. And I think that it would be informative for people to kind of know what you experienced, how you were able to get a test, maybe how you think you came into contact with the virus. Can you just talk through that? Honestly, to this day, I don't even know how I got a test. I randomly, my girlfriend's friend mentioned this doctor's office. Oh, one medical, excuse me. They're not paying me, which I guess has an app and does like virtual appointments too. So I was doing virtual appointments with them. And then my cough got so severe with the fever, I decided to go to the office and they had a test. So I guess maybe I lucked out. So that's how I knew I had it. They actually did say that there's a lot of false negatives too. So a lot of people are being told they're negative and the tests are not foolproof. Honestly, I think for me, it was maybe made worse because when you have something like this, the suggestion is rest. And I was like in the home stretch of finishing this vice story. So like I was working 14 hours a day. It's stressful. That's not good if you have a virus. So I think, I mean, my cough, luckily I haven't been coughing to this interview, but it kind of like, I think it's gone. And then it comes back. It hasn't been going on for like a month. But the best way to describe it is just, in my case, severe cough that was hurting my back, was hurting my ribs a little bit because you're coughing nonstop. At one point I was coughing nonstop for at least nine days. And the fever fortunately went away after three or four days, never went higher than 101. I didn't have any breathing problems.  I've never had a cold this bad. I mean, it was not just a cold. And frankly, I'm lucky because the people in my situation that didn't have the breathing problems, didn't have the hospitalizations, like who knows what makes it go that direction, versus another, because there's people healthier than me that have died. So there's people like super athletic, I don't really exercise that much, who died. So it really, the jury's out on how certain people respond. For me, I'm just guessing, but I think I got it from a supermarket, because I was wearing a mask. We were wearing gloves, but in New York City is very dense. You could try to stay six feet from people, but New York City, people that just were, I've always said there needs to be walking lanes because everybody's just in their own world, walking in the middle of the curb and not really bumping into you. So I'm pretty sure I probably got it that way, which tells you, you can get this even wearing a mask, gloves. I think the experts even, like first it was six feet, then they said, well, it might need to be more.  So I don't really know how I got it, but I got it, I'm lucky. Privileged in a way. I worked from home when I'm not traveling. There's Amazon workers that I've spoken to that think they have it, but are going in anyway, because they can't afford not to get paid. That's another scandal they don't have paid sick leave unless you test positive. Yeah, but it's not been pleasant. It's been going on. I thought I was better, but I'm starting to cough again. I would hope I'm out of the woods for anything more serious.  I actually can tell you the truth got worse because the day I broke the vice story, I went live because it's like, I'm not, you know, I want my audience to know about this that we want to play this up, but I was still like deeply sick. So I just going live for an hour took a hell of a lot out of me.  So this thing is exhausting. And I really am very, very dismayed to see all these morons, governors, and you know, oh, we're gonna reopen the economy slow by slow, like as we pass the death toll of the Vietnam War, I know people are going crazy, cabin fever, but I don't understand, maybe you have an answer, you can't contact Trace in New York City. You can't contact Trace in these major cities. How the hell do you know who passed me on the way to the supermarket or who was in the supermarket with me? It's just asinine. So I don't know what the answer is, but I don't think the answer is reopening these gyms and hair salons and all that, because you might be willing to take the risk, but that's not fair to other people who are not willing to get infected by you. Yeah, absolutely. It's something that if we just all hunker down for a couple of months and wait until this blows over, that's the best case scenario, because I think that staying inside, getting cabin fever, that's a better outcome than getting the virus. I wanted to ask you, when you started to experience symptoms, was this like something that was gradual, like did you feel a tickle in your throat? And then did it kind of build or did you just wake up one day with like a huge, like horrible cough? Because I have a friend who just tested positive, she's in healthcare, so this isn't super surprising, but it's just, you know, the way she describes it is, this is horrible, there's no energy.  So how did this happen for you? Was it sudden or was it gradual? I started coughing a little bit on Saturday, like weeks ago, Sunday the cough became severe, and then Monday I had a fever, so it was pretty quick.   So at least you get that like 20 minute, half hour break from being stationary, you know, I live in a one bedroom apartment, so when you're literally quarantined for, I was in here for two straight weeks, you get a little kooky, I mean, I was getting a little kooky because it's just tough to be confined in that area, again, like people are dying or hospitalized, so I don't have it, you know, I'm not complaining, but that was one component. And the other thing I'll just say is, I think that it's really a shame that in this situation, the media is ignore, it's kind of like with school shootings, they're doing the play by play instead of talking about the root. I don't see the media talking about it, like there's zero discussion in the media, corporate media. Why are we even paying rent right now? Why are we paying rent? Why are we paying mortgages? I mean, you look at Europe, the government's either paying for like 80 to 90% of people's companies payrolls, or in some cases just like, you know, mortgage paused, rent paused, not like paused and then you pay it all back in one lump sum, just like erased for now. And your landlords mortgages, so they don't suffer. Like the fact that corporations run our government, and I've said to my audience, like it doesn't matter if Biden or Trump wins, because I mean, I think Trump's a little worse, but the bottom line is neither of them make the decisions, it's their donors that are making decisions. But there's no like deep discussion about why is it that in the United States of America, when something like this happens, why are 20 million people now out of work and no healthcare? Like it's mentioned, but there's no, that is a disaster and it could be fixed like right now. And it's a scandal that the Democratic front-runner is not saying yes right now, Medicare for all. We'll talk about it, you know, I disagree with it permanently, but right now Medicare should just pay for all this. It's completely scandalous and the future is bleak. I'm gonna talk to Richard Wolf later this week, but it's gonna be like 2008, Mike. I mean, these companies are not hiring back all these workers when times are good, they'll do more with less.  A lot of these people are not gonna get employed back, not to mention opioid epidemic getting worse because of unemployment, depression, suicides, those kind of things. And there's very little talk of it. And you know, I love Bernie, but he has not organized his army to they can't protest in physical space now, but he has not organized his army to demand these things. Now is the time. I don't agree with some that are going off the rails and Bernie's a sellout and a coward, I don't agree with that. But now is the time to just say straight up, like, no, we're not paying our rent. This is absurd, we don't have jobs. Like it's crazy. So I think there's a broader discussion than just the health pandemic. And I hope also, I mean, look, there's a reason that African-Americans are being hit disproportionately, downtrodden communities. So I hope that these parts of the discussion enter into it. But yeah, I'm fine, I'm gonna be fine. And hopefully nobody else gets this, it's not pleasant. Yeah, well, we're glad to hear that you're doing okay. I think that like hearing you say that you tested positive for a lot of people, like this makes it really real. If you don't know someone who's had this, I've known a couple of people now who has had this, but if you don't then like hearing from someone who comes out and says it, I think it really makes it real. And I think it's important because it encourages people to actually be more responsible because you hear about these stories in the news, we're overwhelmed every single day, but it doesn't seem like a real thing unless you actually put a face to it. And like having you come out and say it, I think there's a real utility in that. And just letting people know that this is serious and you need to take it serious. Thankfully, you're okay. It could have been worse for you, but it's still, it's no walk in the park. So thank you for sharing that. I really appreciate that. And yeah, before we leave one last time, can you plug your website? Yeah, youtube.com slash status coup, that's C-O-U-P, status coup.com. And yeah, definitely subscribe. If you got a couple bucks, it's five bucks a month, status coup.com slash join. And super, super important right now, support independent media, whether it's us, Mike, if you can do as many as you can, obviously people are hurting themselves, but I think we've seen from this campaign, manufacturing consent is on steroids these days. And I think part of a large portion why Bernie lost, I mean, just think about it. There's Biden got a hundred million dollars in free advertising between South Carolina and Super Tuesday. That's not my opinion that was reported. That's insane. And the exit poll showed, I think 50% of people that voted for Biden decided in those final days. So it wasn't a definite that he was going to clean up on Super Tuesday. Remember, Bernie was like the declared, he was basically the front runner on 60 minutes, like right before then. So I think we need to support independent media to counter this day after day propaganda. So definitely check us out if you can on youtube status coup. All right, thank you so much, Jordan Sheridan. Once again, really appreciate it. Whenever you break news stories, we'd love to have you because I think this is important and people need to know. Thank you, Mike. I appreciate you having me on and caring about Flint. Well, that's all that I've got for you today. Thank you so much for tuning in. If you've made it this far, as usual, we're not gonna end the show without thanking all of our PayPal, Patreon and YouTube members for helping the show not just to thrive but survive as well. Appreciated especially now, but totally understand if you can't do that since everyone is hurting because so many people are losing their jobs because of COVID-19. But regardless, take care of yourself. Stay safe. I will see you all next week. This has been The Humanist Report. I'm Mike Figueredo. Take care.


Hey ladies and gentlemen, it's Drew with GoRM back again to talk to you about the ADC SEM unit for the DSC power series systems. So what I'm going to do here is I'm going to show you how to get this wired in and get it ready for the point of activation. What we need to do first is we need to make sure that the DSC system is completely powered down. You done plug the connections from the backup battery, which you can see I've already done here, and you also need to unplug the power supply. Once you have that done, verify at your key pads that there is no power and at that point you should be ready to get this thing wired in. So the first thing that I'm going to go ahead and show you here is how to get this thing open. So I've already pretty much got it open, but there's two clips down on the bottom here. You just press them down and then this thing separates just like so.  Alright so once you look inside here, you'll see that I've already pre-wired this. Now this is the wire that'll be coming with the ADC SEM unit, which has a little fuse attached to it. This wire you're going to wire into what's called plus 12V. It's on this very far left-hand side terminal. Once you get that wired in there, you're also going to need to get a strand of a 22 gauge, 20 gauge or 18 gauge for conductor wire. You're only going to need to use three of the actual wires inside of the actual strand itself, but we already went ahead and cut the red one off. This was red, black, yellow, green. I cut the red one off here because we're using this red wire. So you'll see here that I wired the white wire to Y because I don't have a yellow wire in this strand.  Now while I have this open here, I also want to show you guys the optional Ethernet connection which can be slid right into this point here with this little device here. So this little clip will just slide right into there like so. So this is optional. You can hook internet up to this device if you choose to. It's a pretty cool little option for sure to make it a dual-path communicator. So back to getting this device wired in now. So we will get the actual power, the positive power applied last. What we'll do is get these three connections made first. All right, so the white wire in this strand is representing my yellow wire because this doesn't actually have a yellow wire. So we're going to be wiring this into YEL. Now this is going to have other wires in this terminal. That's perfectly fine. Just get this wired in there along with it and get it tightened up. Now the next thing we're going to wire in is going to be GRN which is my green wire and it runs to GRN on the actual panel itself here. Let's get that secured. Okay, that's in place. Now we have the ground wire which will run to BLK on the panel. It'll be labeled BLK on the power series. Okay, once you have that wired in there, this thing is set to go as far as those connections are concerned. Now we need to get the actual positive power applied to this. So what would happen here is we would just be using the actual wire itself here and running it to the battery like so. So you would slide it onto the battery itself and once you've done that, there's a split connection that's on this that you're going to connect the actual battery wire from the panel to. So it just slides right on the top like so. Once you have that on, you have both of your connections now made on the battery and you have it wired in. At this point you are ready to get this activated so you're going to need to give us a call. Make sure that you have your installer code handy and you also have the alarm.com serial number slash IMEI number that we will need to get this going. Do not power it on, just wait to get it activated because this is a bus scanning device so it will kind of make your panel act a little baddy. But this is the way to get the ADC SEM wired into the DSC power series system. Make sure to subscribe to our YouTube page and click the Show More tab underneath the video where you can view valuable links pertaining to this product, similar how-to videos, and our low-cost, no-contract alarm monitoring services.


Hi everyone, Joe for Jaspy's casebreaks.com happy Tuesday coming at you with 2021 tops diamond icons baseball One box pick your team number 33 There's a hit list promo involved as well at the end of the break We take all the hit list names randomize them top two names get $5 a break credit and no diamond backs either because No diamond backs on the checklist and from a fresh case big. Thanks everybody here for getting on the action appreciate it Thanks the people who got their team straight up Bennett with that last spot mojo Marlins and Thanks to the people who got into the random number block randomizers There's the Yankees blue jays walla walla one These were and the randomizer itself is uploaded in a different video if you want to look at that Here's one that features the Mariners Cubs Astros so on and so forth. All right. Good luck Here's the fresh case of diamond icons. I Hope it's 2021 Doesn't have the year on it. Let's just pop it open see what happens and it's 2021. Whoo Got lucky there could have been 2019 could have been who knows But it's the correct year 2021 all right, so let's mark these boxes one two three and four When we're gonna select a die I'm gonna roll the die and we'll go one two three four on the dice roll if I roll a five or a six We'll just roll again three We're gonna do that box right there And then next time we'll go one two three four five six on the dice roll coffee All right, let's try it over there All right. Love this stuff diamond icons baseball Sort of a thicker card on the bottom there All right Good luck ladies and gentlemen. Here we go first one off the top is an autograph 19 out of 25 Rocket Roger Clemens, and that's Blue Jays edition and That's a number block team that was part of the Yankees group Yankees Toronto, etc. Etc. Etc. Etc. So we go by That digit right there Number nine and that's going to be for Martin with nine Next up is a dual relic and autograph Reggie Jackson featuring a's Reggie Jackson and Yankees Reggie Jackson So the a's are part of the Seattle number block group Oakland there we go and the Yankees are on the other and the other number block group and this is three Yeah, three out of ten So that's a randomized between PJ who has Yankees three and Martin who has Oakland three So that'll be at the end of the video Along with the break credit randomizer. There's Vlad Guerrero senior Silver and got a graph 24 out of 25 Montreal Expos Stuff goes to the Nationals Washington is part of the Yankees number block group. So that's Yankee or check that Nationals four Which will be for Martin next is Barry Larkin five out of ten Steve Locke got the red straight up It's the Hall of Famer You know, no, I'm I'm actually not a pumpkin spice latte guy. I Just I just drink black coffee It's my thing. All right, that's actually the first hit that's a non-number block team. So Not part of that hit list promo Steve you got a nice Barry Larkin autograph next up is 10 out of 10 Andre Dawson nice piece of his lumber and autograph and The Cubs are a number block team part of the Seattle group So that goes to Cubs zero and that's big boys double oh seven with Cubs zero there you go, Dave Next up we got Dale Murphy 19 out of 25 Nice Dale Murphy for the Braves Braves going to Gary straight up fight to pick one flavor of coffee Which one would it be? I'm a dark roast guy So maybe like a French roast.  Oh Real time is saying it's going down to leto mud hens Number one of the standings with a sense of torgles and Riley Greene against the number two oh Omaha storm chasers chasers with MJ Melendez Bobby Whitjune or Nick Prado That's a good a good prospect match up there Keep us posted on that.  That's pretty sweet. It's a good-looking cut Nice Philadelphia old Philadelphia athletics So that's Oakland Oakland a's Oakland to and that's gonna be for Martin nice Martin All aboard the big hit express Lefty Grove classic old-school guy lefty Grove. I remember watching him play everyone members watching him play right born in March 1900 He passed away in 1975 a Lefty He was born a Robert Moses Grove lefty his nickname 300 game winner 306 era 2266 strikeouts play for the A's and then for a while and then with the Red Sox six time all-star two-time World Series champion and al MVP two-time triple crown Ord winner Pitching triple crown four-time al wins leader nine-time al era leader seven-time al strikeout leader It's pretty good and then got into the Hall of Fame third ballot Hall of Famer in 1947 Pretty nice lefty Grove That's awesome. Don't get set doesn't even get that lefty nickname anymore.   There you go Yankee six Yankee six Wow, Alan Murdoch last spot mojo in the number block. What do you think that is Thomas? Cleat maybe maybe like a Yeah shin protector something like that all over thinking shoe shoe related Shoe shin nice Alan congrats There he is Alan. Yeah, there you go man six out of ten We'll put some blank cards in there just to make sure doesn't rattle around during shipping But we'll just put it in there for now. What a break. All right now We still have a couple randomizers to do so first of all The hit list promo we got to randomize these names here Because the White Sox got something the Reds did get something and then the Brewers got that thing Right. Okay. So these are the hit list peeps you dice roll and new list and we'll use the same dice roll for the other randomizer Which will be between two number block teams Oakland two different number blocking Oakland and the New York Yankees One dice roll. Let's roll it randomize both of those lists five into two seven times lucky seven Top two after seven we'll get 50 bucks a break credit little consolation prize two three four five six and Seven in final time top two PJ and Howard $50 a break credit going away. You went hit list Terrible, but a little consolation prize $50 a break credit each. Thank you. All right Five in a two seven times for the dual relic single auto dual team. Good luck one two three four five six and Seven then final time after seven goes to the Yankees. So The Reggie Jackson was three out of ten So that goes to Yankees three Nice dual relic and autograph Yankees three It's gonna go to PJ and there you go ladies and gentlemen I'm Joe for Jasper's case race comm and that was a nice box of diamond icons right here We've got another box in the store. If you want to run this back. We can do it tonight I'll see you next time for the next break. Bye. Bye


energy and everything else is complex on Hawaii Island. Okay, we have today Senator Laura Acasio. She's from District 1 in Hilo in the Hawaii State Senate. This is ThinkTech, and we're talking about the cutting edge. And today we're going to have the cutting edge on a number of issues. But the first thing I want to clarify that this is not AOC. She's not in Congress. She's in the Hawaii State Senate, and she is not running for president. Am I got that right so far, Laura? So far, so good, Jay. Thank you for having me. Let's not foreclose the possibility at a later time, though, if you don't mind. Great. So you got to be a senator because David E. A. decided you were the right person for Hawaii Island. Why did he think you were the right person? Okay, so it was definitely a process. Seven people put their names in for this position to fill Kai Cahele's vacancy as he went to Congress and was a wonderful opportunity. I have been part of the Democratic Party and working at the local level and also the state level with the state central committee for seven years at this point. And I felt like here's an opportunity to utilize my skills both as a collaborator, reaching different groups within our community, and an educator. So all of these tools and values and my knowledge of not only the system of government, but also in our community and also the community work that I've done and leadership roles that I've played, I think he really saw that and thought that it would be a refreshing and energizing addition to the state legislature, especially in the Senate. And now that you feel about it, did you feel a certain amount of trepidation? And if you did in the beginning, do you feel that more or less now? I would say it was a little bit like riding a tidal wave. Governor Egan and I discussed that in our interview as one of the things that I recognized that my learning curve would be huge, but that I was up for the task and it felt in some ways maybe like skipping law school and go straight to law making. And yet at the same time, I knew that I have the background, the education, the history to serve my community well and to do the late nights and all of the reading that it takes to really do the due diligence that it takes in reaching out. Also, I think one of the things is being connected to different groups and different folks in our community and statewide is really important because legislators are expected in some ways to know everything, but the reality is we don't, but we really need to like anything. You need to know where to find it. You need to know how to research it or who to call to get different perspectives. And I think one of the pieces that Governor Egan may have seen in that is that I genuinely love civic discourse. And even though I do come with my opinions and my personal background that brings me to my own conclusions, I think what he saw was I understand that we need to look at it from a broad range and when we're figuring out all the nuances of what makes a good law and in lawmaking, we have to be able to hear other perspectives. We have to be able to bridge those things and we have to be able to find, okay, well, so one perspective might be this is the solution and we agree on the problem, but maybe the solution is different. And so as a problem solver and as a teacher, I look at it in a comprehensive way where, okay, we have this issue, we agree on the issue. Where are the problematic pieces in the differing solutions? And in that way, we can come to compromise, we could see different perspectives and open our own minds. So I think that's a big component. Trepidation. At this point, I feel like I have the more I learn, the more there is to learn, and that excites me, because my true intention in being in this position is to bring a level of community-based civic leadership as opposed to a paid-to-play peer-based politics. And I think that our community is really hungry for that. We've been losing civic hope and civic faith and civic engagement for many, many years because of these kinds of things. And I do bring hope to that because I really think that the more that we see ourselves in our lawmakers, the more we want to get engaged. And the opposite is true. And I think the opposite has been happening, especially when you adding the pieces of some of our colleagues, unfortunately, being indicted this past year because of decisions that they've made. And it may not be the end of that, unfortunately. And I think we as a community are frankly, tired of that. And so here's an opportunity to jump into a place where that fresh energy is not entrenched in some of the old baggage. Granted, I really do believe that institutional knowledge in this environment is very also important. And it's important to have mentors, but I think the biggest piece to that is to have mentors that have ethics and an approach to civics that is truly egalitarian and really what democracy is built on, which is representation for the people, by the people. Yeah, in New York, where I'm admitted, there's a big courthouse down in Foley Square in Manhattan. And it's the Supreme Court in New York. In that case, it's sort of like the circuit court here, not the Supreme Court in the state, but like the circuit court. And there's a big inscription over the doorway as these courthouses always have some kind of inscription. And this inscription is really important. What it says is the firmest pillar of justice is public confidence. And when you have corruption revealed, we have prosecutions and investigations and FBI, U.S. attorneys, what have you, prosecutors, that affects public confidence. And it's our job, all of us, especially people in public office, but also the media to examine it from that point of view and to share the points on which people can have public confidence. So rebuilding public confidence is really job number one in protecting the democracy, don't you think? Absolutely. I couldn't have said it better. Absolutely. And I think that is the biggest reason that drives me to continue this work. There are many things I love about this job, the opportunities for incredible innovation and really guiding those principles that you speak of and living that. And I think part of that, again, is because I haven't been involved on a level where the money has been so such a driving force to maintaining this position. And so, you know, Governor Ige actually, I really owe him a huge mahogany in doing his due diligence in choosing because he really gave myself, but also our community an opportunity to have this as an example. And I'm not the only one that believes this. There are many colleagues that I work with that also uphold these values and have been doing it for many, many years. But I think what does happen is I've been, I've learned somewhat of a complacency when leadership has such a hold on how folks act within the Senate that sometimes there is a little bit of complacency. Folks don't want to be that one fringe person. But when you have a few other people there, you know, it kind of spreads out the focus. Oh, you bet. So, you know, I was going to ask you whether you consider yourself a reformer. And that's a hard question. It's a hard answer too. But I think I know the answer. What do you think the answer is? I think I'm just doing what most of our constituents would want me to do. So, I don't know if that's reform or not. I think that I'm coming to it with really believing that my due diligence is to read all the bills. And one of the first things, I've shared this on the HSPA interview recently. And unfortunately, one of the biggest rules of blooming that I learned in the first two weeks of being in the Senate is don't read the bills. And of course, for me, coming into it, that was incredibly shocking. Don't read the bills. That tells me right away, read every single word and read it carefully and critical thinking because that's my job. And that is the due diligence that my community would want. That's what I would want. And so, instead of just taking clues, you'll get invited to the right parties. You'll be a chair. You'll have an easy election. All of these kinds of things, if you just don't read the bills and take the clues and follow along. I wouldn't call myself a reformer. And I also wouldn't say that that's outrageous because, Jay, would you rob me to read the bills? Or would you want me to go along? No, we don't want surprises in the final copy. So there's always discussion about a few things in the ledge that are worth mentioning now. And there are systemic things. One, for example, is the chair of these committees, all the committees seem to have, the chair seems to have absolute power. Everybody goes along with the chair. And about as much as you can do to express yourself, is vote with reservation, which was an article recently. I forget where it was. Civil beings says, what does that mean? It's a reservation. Give me a break. How do you feel about the power of the chair in these committees? First of all, I love that article. It was exactly what I had been speaking with with my staff and some colleagues, all of the first session that I was in. Because, yes, with reservations is fundamentally flawed. And many states don't even have it. It really is a way to compromise and try to look one way or the other. And there was a really important bill before us within the first few weeks of me being in the Senate. And I had some colleagues coming in lobbying in my office, and they just really wanted me to vote yes with reservation. So when that article came out, it was quite funny because, yeah, no, it's either yes or no, fundamentally. If we get to a process where we can fix the bills before they get passed, and those reservations are authentically dealt with in the hearing process, again, civic discourse, appropriate testimony of an appropriate amount of time for it, not trying to rush through 3000 bills, that's one thing. Oh, my interest, my concern is there are some things in the legislature that do not give the public confidence. One of them is this thing about that article with reservations. I mean, it's very least somebody would say, will you please tell us what your reservations are? How about being explicit? I remember one time it was a confirmation of an appointee and a chair of the committee, I won't mention names, I asked them, why are you dishing this particular nominee says I just don't feel right about her. Why? You don't feel right? Well, have an aspirin, man. Maybe it's a stomach problem. Have you been eating correctly? Anyway, we need the transparency, don't you think? Yeah, so exactly what you said about the unilateral control of the chair, that is extremely problematic. And we could actually fix that within Senate rules already. So long as leadership, again, was open to a much more fair playing field. Here's another interesting piece, too, is that one of the practices that gets used on a regular basis that I see as problematic, again, coming in with fresh eyes and learning it from scratch is that so many bills get attached with a bad date or what they call an effective effective date. And that automatically sends it to conference committee as and the idea within legislation is or the legislature is that that will get whatever we don't agree with or whatever needs to be figured out will get figured out in conference committee. But you ask many people and that's conference committee is behind closed doors. The discussions are not public. They generally even happen between just the chairs, not even the members on the committee and or even leadership, not even the chairs, the chairs are just there to deliver the last minute decision making or it gets killed behind closed doors. So it's often seen as the place where good bills go to die. And so that again, that becomes very problematic because we have lots and lots of bills and then advocates afterward or even during the process are calling our office is asking what's happening and why. And everyone kind of goes, I don't know. But again, because that goes back to the sunshine law, which when the legislature passed the sunshine law, they exempted themselves. So there is no sunshine. And honestly, I wrote this in my question and answer in my simple article responses is that that feels like I'm doing a huge disservice to my community because here we are making decisions behind closed doors. And for good or for bad, I'm in those conversations.  And yet the public doesn't get to know that. And so back to your point about public trust. And if we're to rebuild that public trust, the way to do it is to be 100% transparent to create systems within the legislature rules that we can do without legislation that says, for example, there's some kind of fair exchange in terms of who becomes a chair rather than just being a chair for forever or, you know, for 15 years. Again, that unilateral control says that that person that senator's constituents are have more representation than a senator that doesn't have a chair ship because, you know, because of that power level. And we can also not use that defective defective date to the extent or we can put rules on it. Another way to do it that creates more transparency is to say that if so many legislators sign on to a bill that it automatically gets a at least a hearing. You know, so that's a little bit more building the public trust, at least allows the public to give feedback and to weigh in on an issue that otherwise maybe the chair is like, yeah, it gets introduced every year for 15 years, but never gets a hearing. Right. But if the community really wants to hear this bill, and it's a really important thing that needs to be addressed, you know, if you have enough senators that sign on, for example, it should automatically get a hearing. So there's some little things we can we can do. Oh, that sounds like great stuff. I hope that can happen. I mean, and you know, the whole thing about the conference committee is troubling. You know, Supreme Court made some, you know, profound statements and dealing with gut and replace and good for them. But it's not the end of the ballgame. Because what you describe about the, you know, the ineffective correct ineffective effective date, whatever it is, is another way to do gut and replace, isn't it? Because, you know, material parts of the bill are left for secret discussion. This isn't so good. So I'm happy to hear you say those things. But let me ask you this, Laura. Are you, how do you feel about speaking truth to power? Because that's a big issue nationally. And I forgive me, but I conflate national issues with local issues. I think we have to be observant about what's going on in the name that we have to learn from it. And we have to appreciate the same kind of steps to preserve the democracy. So how do you feel about speaking truth to power? I think it's incredibly important. It's incredibly powerful. Here's the thing. As a senator, you have power. So it's incredibly important to continue to speak truth. Let me ask you to take a minute and pitch yourself, why should they vote for you in this primary coming up? Okay. Again, it goes back to being energetic, fresh eyes. That speaking to wanting to change the civic discourse and the practices that we have that allow corruption to fester within our, within our legislature. And I do have the energy. I care about Hilo incredibly. And, you know, again, going back to the connections and the ability and my experience over the past 25 years here as a resident in Hawaii, 20 years here in Hilo, I am very well connected in this community and have been giving a lot and want to continue to be of service. So many folks have told me that there it is time for change and that, you know, some of the folks that I'm running against have been operating for many, many years and they've had, they've had time and they've had chances. And I think they also see the bigger picture of how this particular race has the potential to really restructure and reorganize Senate leadership. And for those people who follow Senate leadership and would like to see a reorganization, I think then they would also support that as well. Because immediately we have three chairs who have retired. So we'll have to replace those chairs. And then if I win, we'll need to have a new water and land chair because, you know, Senator Lorraine Inouye is the water and land chair.  And so here we have one of the old guard and an establishment Democrats who have been in there for a really long time and is known to be part of this this network of leadership within the Senate. And so here's an incredible opportunity to shift that. And not only me, but there's other races as well within the House that represent something very similar, but also other races within the Senate that may be deciding factors on that reorganization. So it's very exciting times because we have the opportunity to shift what we've been doing. And fundamentally, if we keep voting the same people in, we're going to have the same result. And so that's just basically goes down to, you know, the definition of insanity. And I also think that Albert Einstein brought it up in a very similar way. If you keep doing the same thing, you're going to get the same result. And so here's a wonderful opportunity to do something different. And I'm really excited about it. Yeah, I agree with you 1000%, Laura. So drilling down on some specific issues, if you don't mind. Number one is, and it, you know, your comments evoked a question in me. What do you think about term limits in a ledge? So term limits do have a really good potential. I've introduced a bill for term limits my first session out of the gate. And because I think it's an opportunity to flush the system of these grudges that you've had. I've seen, and this was in my civil beat questionnaire as well, I've seen far too many times in a short period of time in two sessions where bills get killed because of grudges or money doesn't get delivered to certain communities because of grudges. And this can even happen with people of the same that are representing the same community. And so there's that's a way to there's that's a way to flush that out. I've been recently exposed to different thoughts around how we can naturally do term limits rather than actually put a term limit, which is campaign finance reform, you know, because it will even out a lot of the playing field and put other rules in place that we've been discussing in the legislature, like making sure that legislators can't have fundraisers or even raise funds during the legislative session. Really just to address the appearance of impropriety and dishonesty. But also what it does is it allows others who are working on campaigns on the side to get a leg up a little bit and get out in the community. And that ultimately the work that we're doing as legislators should be speaking for itself. And so, you know, here's here's an opportunity to, you know, if we have a candidate who's an incumbent, who has already almost a million dollars in their campaign account, or in the case that I'm running against what they already had maybe 127,000, you know, that's a huge difference in terms of what kind of advertising and outreach and hiring potential for campaign consultants, for example, that they could do. And so, again, that would create maybe if we put caps on that or mandate public financing, put caps on how much they could roll over to the next session, I mean, next campaign or, you know, things like that, we could really address some of these term limits by really just, that will naturally help it turn over. Because another big piece of that is really engaging civics and teaching our community how to engage and why it's important. And really, again, if we build that trust back, people will engage. And so that's, and then it's our community that votes us in. And so that will, again, create a little bit more of a natural term limit, because you're not doing what you're supposed to be doing in your community, hopefully to get you out. Okay, all right. It sounds great to me.  I really do. Thank you for that. But let's talk about some specific issues, you know, you're in agriculture and environment. Senate agriculture and environment is really, really, really important in terms of sustainability, resilience in the case of extreme weather, what have you from climate change and all manner of risks and threats. What are we doing? Are we doing enough about agriculture? But Glenn Wakai got up in a movie we made recently, he said only 1% of the state budget is dedicated to, you know, incentivizing agriculture. And that's not enough. Do you agree? What can we do? I absolutely agree. We need to, we need to increase our procurement, state procurement of purchasing foods so that we can help support our local farmers. We need to create tax incentives. Some of the things that I have learned in my community that local farmers really need, especially smaller scale and ones that are hearing their production for food security and feeding local people, as opposed to for export, is that what's really important is the ability to put small farm dwellings on agriculture land, you know, to live on site and so that they're not necessarily having to pay a mortgage somewhere else and then go and operate and work. And then I think that also addresses a lot of, could address a lot of the theft issues that we have here in rural community, which is a real problem. And I think there are solutions that we need to look at beyond just continuing to over criminalize it, although it definitely needs to be addressed. And I know that there are frustrations for the people that are experiencing the theft and they just want it to end. So, but the farm dwellings could help with that. Another piece is that shared, the ability to have shared equipment is really important. I was just speaking with a farmer yesterday who, you know, could really use a chipper, but they don't need a chipper 24-7, so they really would like to be able to, you know, trade that around with folks and have some kind of maybe like a tool library, farmers tool library that they can use. Another piece is hubs or, you know, washing and storage kind of facilities, but including a certified kitchen, because it's so cumbersome and it's so expensive and costly to have certified kitchen, but if there's an ability to share it amongst the cooperative. And so we have something, we have the ULO Co-op here who is an incredible example of that, and we would just like to help continue to replicate that in various ways in our community, but I absolutely think we need to support it 100% and in all ways that we can. Turning to energy for a moment, there's so many questions. We could go on for hours and I know I would have a wonderful time with you on these issues, but energy, okay, we have a bunch of energy questions affecting Hawaii Island. You know, one of them of course is, you know, thermal down there in Puna, which is still after all these years somewhat controversial. I do not understand that myself. You know, another is, well, you know, energy in general, what are we going to do to make, A, make more renewables in the big islands and B, make it cheaper because the big islands too expensive. Can you speak about that? I know you're not on the energy committee, but I know you care. Yeah, yeah. So, and who knows what will happen after this election? Maybe I will be on the energy committee because we will have a different distribution of our chairs and our committees. But so geothermal, what I do know is that there is an ongoing discussion right now with folks in the state around increasing geothermal. And I've been at a lot of the meetings because I think it's important for me to be present and to continue to understand where they're coming from as other issues may or may not come up. But what my understanding is that the geothermal in Puna is because it's on the East Rib Zone, it's very volatile. It's at the hottest and most volatile point it could be at. And also therefore it has a lot of, it's very toxic, a lot of metals, a lot of gases and things. So then it has more repercussions potentially for the community surrounding. And in that whole process of how geothermal came to be in the first place, there was a lot of trauma for the community on many levels, partly how it was done and partly because I think at some point my understanding is that they were, there was a, they were guidelines and things that were set up and that at some point because of protests and because of constantly monitoring the process, folks were able to get those safety, some of those safety pieces in place and some of those guidelines. And so the conversation now still carries over some of that trauma. I know a lot of people hear geothermal and it's an automatic trigger rather than learning that, oh, there's other places that are potentially less volatile. It doesn't have that, doesn't carry that same thing or other.  And if, if, if things are done in a proper way where there's all the stakeholders, there are right holders at the table and part of in, in part of the, all of the beginning discussions and multiple right holders, not just, you know, not just coming from one angle where folks can again really have this important civic discourse to see where we're going with our energy future. I know Hawaii Island has, at least, I believe it's about 45% reliance on geothermal at this point. And I think that's unique across the islands. And so we're in a different position, presumably then, you know, a place like Oahu, who has much more reliance on fossil fuels, even though we also relying on fossil fuels. Yeah, well, we're getting off cold on September 1st. So that's going to be a big day. We're going to have a show about that with Hawaiian Electric later this week. Let me, let me shift gears a little on energy, Laura. You know, Marco Mangelsdorf would want me to ask you about who hope new it because it's been so controversial has been bouncing around from court to court in agency to agency for years.  So, how do you feel about that? Should we be using biomaterial, you know, trees and all that to create energy in the big island? Well, basically, there's, like you said, there's a lot of controversy with that one. And I think my understanding is that right now it's been it's in the Supreme Court hands and that we're waiting for an initial judgment, whether it's to deny the appeal or to accept the the briefs based on the PUC proceedings, or potentially even open up new oral arguments on top of the PUC, the PUC brief. And so waiting to hear that is kind of in limbo, because as you said, it's going been going back and forth for many years. I don't really see it ending because my understanding is that who or no is backed by Franklin Templeton, which has very deep pockets and I'm not exactly sure they're larger picture motives, but we definitely have a lot of people in the community who are very concerned about the safety for their health, for our community and also for the environment. And a lot of that is based on and then also fundamentally, they're very concerned about a higher cost, because my understanding is that they're trying with the PUC is that they are asking for an exemption to a competitive bidding process, but that puts them up for 22 cents per kilowatt versus, you know, something like eight or nine cents with solar. And so that would be a burden for consumers to bear. And so that's problematic. On the flip side, we also have people in the community who are who speak to their jobs. I'm not exactly sure the number, but I want to say it's under 40. I could be wrong on that one, but that it's a big concern. And so if we can see avenues for other jobs that are just as lucrative for folks, that of course it makes 100% sense that they are concerned about putting food on the table and making sure that they can pay their bills. So as far as burning trees, we have, again, we have issues with potentially the MPDES permit because, and, you know, it's so close to the shoreline and they are having these 800 foot injection wells. There's questions around whether the studies are, whether there are baseline studies for that those injection wells. Also, the concern around the use of water statewide, we are very acutely focused on the preservation of our fresh water and our aquifers, as we see with Redhill in Oahu and the problems that it could potentially pose in terms of contamination. And so many have concerns to fold around the water. One is that it's over 21 million gallons per day being used to burn trees to power our things. And secondly, that the injection wells, the water being injected has chemicals and it's quite close to the aquifer or has potential to impact and poison the aquifer. And so that's a big concern. And I think what the community is not confident in is, A, that communication is honest, and B, that the studies, the proper studies have been done in order to reassure that, you know, these things are taken care of in protecting the health and safety. And that's only some of it. The fossil fuels that will go into cutting the trees, transporting the trees, creating new roads, we still have bridges that need to be fixed. All this past year, the school bus had to go around Saddle Road and the kids were arriving at school at 9 o'clock because our bridges can't handle over 12 tons. And so these are really fundamental infrastructure things that will need to be remedied and or discussed before we can go forward anyway. And that's kind of separate even from the initial, you know, discussions with the Supreme Court of whether this is carbon neutral and whether it makes any sense to be burning trees or burning anything for that matter to create, especially burning stored carbon, to be creating electricity. Referring back to the early part of our conversation, Laura, you know what one thing you mentioned, which troubles me is the notion that somebody on the mainland with a deep pocket can affect policy here in Hawaii, regardless of what anyone in Hawaii says, regardless of what the courts say or the commissions or the boards. And, you know, it's like there's been plenty of news in the paper around this election that's happening right now about PACs from the mainland that are throwing money, including hit piece money at candidates. And, you know, I think we all have a duty to resist that. Don't you? Absolutely. J.U. hit the nail right on the head. That's exactly it. And that comes back to our community autonomy and homeroom and things like that. And I feel like what I hear in my community and especially my constituents is that they want to make sure that they have a representative that is taking their best interest in mind and listening to their voices and not necessarily some, you know, grander scale thing. And again, not necessarily insinuating that there's anything that various or illegal or unethical happening in that scenario, but just making sure that their voices are heard and that health, safety. I've had a constituent from Pippa Kale. Well, she would be a constituent if I win. And Pippa Kale said that the first and foremost that she wants in her representative and her senator is that they absolutely stand up and protect health, safety and environment. And she's lived through, she's a born and raised on plantation in Pippa Kale. And she's seen it and she doesn't want to go back to it. She really believes that we need to be taking control of that. Amen. Amen to her and amen to you. We're really out of time, but I want to ask you, I would be remiss not to ask you about one, you know, huge question which has been, you know, which has been central in the public conversation around about the big island for years and years actually is probably going on 20 years already. And that's TMT. And the sad story is that it's still in flux. We don't have an answer. We don't have any construction going on. We have all of these various distractions, may I say, we have had 20 years of distraction. I'd like to know your position on TMT, Laura. Okay, I think it's actually very similar to the Hu Honua answer where we have folks that are invested in Hawaii that are from elsewhere and they have a specific agenda. And I know a lot of folks who also live here support that agenda. And again, we have things like they don't have an MPDES permit. They're now going through this EIS process again, public scoping, which I would have to say it's really important to note that the original EIS was signed by Catherine Kealoha, who is now in federal prison. And so whether or not that that doesn't necessarily invalidate or avoid the EIS, but it brings to question again, this public trust and who's doing what for who and why, et cetera. So the direct answer to your question is I'm very much not in support of building TMT at this time or any time, and that I am in support of a process that is very much legal and includes the voice of the community. All right. Laura Acasio, Senator Laura Acasio, who is running in the primary what next week? Saturday, okay. And hopefully in November for First District, whatever shape it may be in the Big Island. Thank you so much, Laura. I really appreciate the discussion and having you on the show, I hope we can do this again. Thank you so much, Jay, for the opportunity. I appreciated it as well. Thank you so much for watching Think Tech Hawaii. If you like what we do, please like us and click the subscribe button on YouTube and the follow button on Vimeo. You can also follow us on Facebook, Instagram, Twitter, and LinkedIn, and donate to us at thinktechhawaii.com. Mahalo.


President Mahbada Buhari is confident that the incoming administration of President-elect Bola Hamid Tanubu would continue to provide crucial support to the Nigerian Navy. The President was at the Presidential Fleet Review in Lagos, possibly the last by him in his capacity as President and Commander-in-Chief. Buhari expressed satisfaction with the array of naval assets on display and combat readiness of the Nigerian military. At this rate, I have no doubt that our Navy will soon commence construction of larger ships for itself and other navies in the region and beyond. This achievement is a great pride to Nigeria and an impressive contribution to national development. This is why the theme of this 2023 Fleet Review, Fleet Readiness for National Prosperity, was carefully chosen to underscore responsibility of the Navy to infringements in our many times spaces and in the Gulf of Guinea, those attainment of national prosperity. I must say that the Navy has put its best into effective use as evident in success recorded in the fight against resource theft, counter-drug operations, and piracy. As you are aware, piracy reduced significantly over the past seven years, which culminated in delisting Nigeria from the list of piracy-pronged countries by the International Maritime Bureau in March 2022. Furthermore, application of technology to secure the many-time domain has supported intelligence-driven development of these ships.