Greetings friends, this is Survival Doc and in this video I'm going to talk about our bug out bags.  These are military Alice packs for my wife because she is much smaller frame. I got a medium Alice pack and for myself I got a large Alice pack. Now I want to make a comment about the color of these bags and in another video that I made I talked about the disadvantages of using camo and O.D. or olive drab green or military looking green and I made the point that when you bug out you don't want to look real militant. Well here I am with O.D. green gear and woodland camo gear and I'd like to explain why. One reason is because these are military surplus and I got these bags very very very cheaply. Now if I were to go out to a camping or a backpacking store and buy bags of this quality they would cost a few hundred dollars and by buying military surplus I'm able to get these bags for around forty dollars apiece. And that's an important factor because that allows us to have other money that we can spend on other survival supplies. I don't want to put all of my money in these bags. And another consideration is that camo is very stylish. I see women with woodland camo purses. I see infants wearing pajamas of woodland camo and of course you see people of all social walks of life wearing camo clothing. So because camo has been widely accepted as being stylish these days it doesn't really stick out as being militant like it might have in the past. So I'm not really concerned about that and of course camo does have the advantage that if you do have to hit the woods it does allow you to blend in more. So looking at the pros and the cons I decided to go with the O.D. green and the camo material. But primarily because this is military surplus material. Military surplus material is very very very well made. It is well thought out as far as the design of all the features and it's just you just cannot get a comparable quality for the price. Now I'm going to go over the contents of our bug out bags, it's my wife's and mine I'm not going to go over all the contents in her bag because there's a lot of duplication in her bag. I'm just going to point out a few differences. If you notice I have her walking shoes right on top here and the reason for that is if we have the bug out then the first thing she's going to want to do is put on some good walking shoes.  And then these also have gloves. If the weather is cold she has some warm gloves right there to put on. Now you see we have a sleeping bag cover down here. This is a Gore-Tex, it's waterproof and also I have these carriers right here that are made to fasten to the bottom of these army packs. And I got these straps here for about two bucks a piece at a main military supply. Alright another item we have here, there's a sleeping bag inside this bag of course. And we also have a sleeping bag bivvy cover. This is Gore-Tex, this is not a sleeping bag but this is actually a cover that your sleeping bag goes in. It's a mummy style bag. Alright this is also Gore-Tex, it is waterproof so when you put this around your sleeping bag you can actually sleep in the rain and keep fairly dry.  I don't know if we'll ever need gas masks when bugging out and there's also a filter in here. I don't know if we'll ever need a gas mask but if we do it's something that should certainly come in handy. Also I had this extra space in there so these are some freeze dried foods that I put in here. On these outside pouches on the outside pouches you want to put things that you might want to be able to get to in a hurry without having to open the entire bag. Much easier. Alright in here again we have freeze dried foods. Now one thing I like about freeze dried foods is that this is almost weightless. It's very very very light so you can pack a lot of food in very small places with very little weight. Now another advantage of freeze dried food is it's ready to eat. These are green beans, these are peaches, you can just open this and eat them right out of the pouch and they're delicious that way. But you can also cook them of course, you can also soak them in water and reconstitute them and have something very close to fresh food. Over here we have a poncho, very important if you're bugging out when the rain starts coming. It's very good to have a good quality poncho that will cover not only you but will also cover your pack too so your contents don't all get wet. There's a mosquito net. You put this over your head to keep mosquitoes from biting you. In here I have more freeze dried food, we also have two way radios. We have a set of two way radios, one goes in my wife's bag, the other goes in my bag. We use the type of rechargeable batteries in here that will hold a charge for three years when it's not in use so that if you forget to charge it up every year you're still good. Over here we have a first aid kit. This is a very handy item that every bug out bag should have. This is a water filter. This is the type of water filter, it's like a straw you put this fast in this portion on top of this portion there's a charcoal block in here and this allows you to actually stick the straw down in the water and drink from a stream. We also have other water filtering filters in here, matches of course. Here is a magnesium fire starter, I have another one in my bag, you see a lot of redundancy between our bags in case we get separated, she has her own equipment. There's a whistle, signaling whistle, pocket knife and we'll take a quick look inside the bag. Now one thing my wife has in her bag that I don't have is a book and of course when you're bugging out there may be times when you're bored and a lot of people will consider this a just an extra item that you don't need but I think this particular book could come in very handy. A lot of trees, a towel, toilet paper, there's a rubber glossures that she can put over her shoes if it's raining, cooking kit, of course there's extra clothing in here, extra warm clothing like a long underwear, warm socks, sweater and when you bug out you may be bugging out in the daytime and it may not be real cold but it tends to get cooler at night and so you want to dress in layers and so when the night time comes the temperature drops she does have some extra layers of clothing that she can put on in here.  Now we do wear them when we wear our bug out bags, now these bags are heavy it takes them getting used to I carried a backpack like this across four countries in Europe on a two month hitchhiking excursion that I did in Europe one time so I do have experience carrying a bag just like this about the same weight I carried it for two months so I do know what you need in a bag and what you don't need but the shoes stay with the bag and when we practice with our bags or what you need to do with carrying a bag like this is you need to condition yourself you don't want to just put on a fifty pound bag and just head out the door thinking that you're not going to have any problems with it so what we did my wife and I once a week we go for a nice walk and I wear my bag and she wears our bags and at first they seem very very heavy and because they are heavy but the more you exercise with it the easier it gets and and after a certain amount of time it's just natural you don't have to worry about it. Now on top of my bag I have a tent this is a dome tent it says it sleeps three people to my experience it comfortably sleeps two people but if you have you're bugging out with some children or something you certainly can make room for another few bodies in there. It has a fly it's good in the rain. Now for my bag and my wife too we of course do have the frames and if you do use an Alice pack like this or any kind of bag that you want to carry this much weight you definitely want to have the frame with of course the kidney pad and of course the padded shoulder pads.  Now one quick note I would like to make about bugging out and that is in according to my plan bugging out is a last resort we do not want to bug out most of the time you're going to be better off if you can stay at home where you're protected where you have all of your supplies and where you can defend your house and not have to worry about the elements so our plan is not to bug out our plan is to hunker down and I think for most people that is the best plan but a bug out bag is still a good thing to have because you never know you might absolutely be forced to leave your house for any number of reasons a tornado could just rip at the shreds or there should there could be a chemical spill or chemical attack that could make it inhabitable but for whatever reason if you do have to bug out it is good to have a bug out bag now another thing a bug out bag is good for is when we travel we throw our bags in the trunk of the car and if some type of disaster occurs while we are traveling we have all of our emergency supplies here and if something happens and we can't stay in our car say if gasoline becomes unavailable and we have to hit the road on foot you're going to be very very glad that you have a bug out bag in the case like that if you have to abandon your car hit the road on foot so our bug out bag might very well serve as a get home safely bag that we also have an emergency bag in the trunk of our car in addition to our bug out bags your car you're not as concerned about weight in your car of course as you are when you're carrying things so we do have another large bag to send the trunk of our car with some additional supplies because if we're if we're living out of our car these supplies could come in very handy but of course if we need to leave our car and hit the road it's good to be portable now in the interest of time so that this video is not excessively long I might not show you every single thing that's in my bug out bag so I can see the comments coming now what about this you didn't have this in your bag what about this so just keep in mind that I may have other items in here and if you have suggestions as far as some things that I don't mention in the in my bug out bag then I suggest you make your own video and show us what is in your bug out bag on the side here I have my gas mask with the filter in there alright now in here also there's some extra room in there so I do have some additional packets freeze-dried food in there alright this right here of course is a canteen so I can carry some water or in here I have some water purification tablets over here on this side I have a dramedori bag this is a four liter dramedori bag it actually holds a little bit more than a gallon this top right here is that this is the same top that fits on a Nalgene bottle and I have a water filters not in my bag but I've got a ceramic water filter in the trunk of my car that actually screws the threads on it actually screw on a Nalgene bottle it's an MSR filter so you can screw it on top of either an Nalgene bottle like this and these are good bottles to have of course because they're very durable they won't break and they can even freeze and won't crack if they freeze but anyway this so I can carry another an extra gallon of water I don't know if I'll be carrying an extra gallon water weighs eight pounds a gallon so if I fill this in the canteen over here that's an extra ten pounds of course water is something that's very very essential and so depending on the circumstances I'm not sure how much water I'll be carrying if I'm around water that I can drink easily and I have to a lot of walking to do I won't necessarily be carrying that much water but I do have the capability of carrying a lot of water if I need to now first of all we'll take a look at what I have in the pockets here there's a case where you can put we can have mounts and I have mounts of our state and the local area there are some small pouches here various items here I have this is actually a pistol cleaning kit this is a multi tool have a knife sharpener there's the knife sharpener a knife now I carry a I carry a knife just like this in my pocket this is a spare because the knife is very very important and here's some more gun cleaning supplies here I have liquid soap this is all-purpose soap you can use this to bathe with you can also use it to wash your cooking supplies and of course a sponge to wash with here I have extra magazines for my block 19 extra ammunition in there here on the outs on the outer pockets where you can easily get to them I have a lot of freeze-dried food as I mentioned freeze dried food is very light and and it is also you can eat it right out of the packet there's the other half of our radio set my wife has the other one in her bug out bag more freeze-dried food more freeze-dried food salt and pepper this is my magnesium fire starter it has a compass in the top of it and magnesium on this side what you do is you scrape off some magnesium filings and to to light your kindling and then you use this to light the magnesium just a real easy way to start a fire there's a knife for a filet knife compass notebook pencil take notes with matches lighter and here's um had one of these in my wife's bag too this is a real neat little water filter now always and the items like this and like the fire starter I always like to leave the instructions with them too now I know how to use things are these things but in case I'm not available someone else is using my bag it's it's good they might need the instructions if they're they're not as familiar that's a side solid charcoal block in it and with this you can just stick this right down in the water and drink very neat little the very very minimum every bug out bags should have one of these types of water filters here's a little fishing kit hooks line lures weights it floats everything you need to fish with and extra batteries over here this pocket I have my poncho these are good high quality ponchos that will cover not only us but cover our bags too if we're walking in the rain there's mosquito net goes over your head and this is a an emergency blanket this blanket is not just to keep you warm but this will also hide your heat signature people are looking for you using infrared heat seekers this is something you can hide underneath and it will block or it'll help to block your heat signature okay it's so much for the pockets let's look inside the bag right here's some spices to make your food more palatable this is a cooking kit or here's another water filter this is a good water filter to fill up your canteen with this is a ceramic water filter it's a ceramic element you can put this down in the water and pump this a ceramic water filters are very very very good water filter they last practically forever when they get dirty you can wash the ceramic they also in here how this is actually a rain cover for the alice pack so that you can just cover your entire alice pack and protect it from the rain and here I have some cord plastic bags very southern pieces of equipment I carry a real good first aid kit well packed with a lot of items that I might need to perform first aid in this bag I have certain toiletry items more soap deodorant there's a little stove a little alcohol stove inflatable pillow this actually is a little solar kit this is a solar battery charger and I can charge the battery say in my in my radios with this solar battery charger toilet paper this is a battery operated radio towel this alcohol fuel for my alcohol stove these are galoshers to keep my feet dry from walking in the rain and here's a bag of help of extra clothing as I mentioned it's good to dress in layers I have in here long underwear very warm socks an extra pair of pants that I can put over the pants that I'm wearing and a sweater and here's a nice little item to have this is a actually a folding her collapsible bucket and of course you can haul water with this but another thing that this comes in handy with is to wash you could put water in here and you can wash to you can heat water on your stove and have warm water in here to wash with or you can also use this for washing your dishes but that's something that comes in very handy and there you go this is these are the contents of survival docs bug out bag and one more item that I might or might not carry in my bug out bag depending on the circumstances is my keltex sub 2000 folding rifle now what I really like about this rifle is it accepts Glock magazines these are magazines for Glock 17 9 millimeter and these magazines will also fit my Glock 19 and of course both rifles will also use the high capacity magazines because you never know what you might need when you're bugging out this is survival doc reminding you be prepared or be prepared to be placed


This is State Tech Hawaii, Community Matters here. Hello, how are you doing? Oh gosh, here we go again. Gordo, the techs are here. Another pretty unusual episode of Hibachi Talk. I got my good old buddy, Rick, the fundmeister here. Hey, Gordo. And our good old friend Larry Smith is back again. So we've got two heavy-duty bean counter types here in the house.  Well, they know money. Supposedly they know money. We got no money. We got less to have. Anyway, we're going to talk about the new federal tax laws.  And we're going to try to explain to you, no, we're not. We are not tax consultants. We are not tax advisors. My disclaimer here. This is just our observations. If you've got any questions or concerns about any of this stuff, you check with your CPA, your financial advisor, and your tax account. And based on what we're trying to understand with this new tax law, you better be talking to them by at least the third quarter. If you don't have one of those people, you need to get one by around September to help you go through all of this. Because it's pretty incredible.  And we've had discussions today already about, well, no, I researched this and it says that. No, I researched it. It says something else. It's just kind of going to be fun kind of conversation. So we'll talk about the upsides first, if these are upsides. All right, so we'll pop up the first slide and it's under the current law. We have seven tax brackets and the bill that the president signed has new tax brackets. And so if you can see the bill that was signed in the second paragraph or paragraph there, 10%, 12%, 22%, 24%, 32%, 35%, and 37%. So, you know, the 37, that's a drop from the 39.6 that was there before, the 35%. We got that, we got, that's still there, 32 tweaks here and there. So, how are you guys going to do on that one? It'll help me since I'm retired. I mean, in a lower bracket. Yeah, so you're now in a lower bracket as a senior citizen. That's exactly right. So am I, I'm a senior citizen too and I'm in a lower bracket, hopefully we'll see that. And I also am retired and in a lower bracket as well. As well, so there may be an upside on that one. I don't think anybody's going to be, unless their income goes up. Right. Well, your income will go up because you're going to be paying less taxes, which may put you in another bracket. I never thought of that. What if you paid less taxes? No, it comes out afterwards. It comes out at the end. They do all the calculations in income. I got scared there for a month. Wait a minute. I don't want to do this. So anyway, so that's interesting. So I thought I'd just show, we pop up a slide and get a show. So the kind of the 10%, these are for the viewers that watch the show. They can always go back and look at these charts and see what the tax brackets are. No, next one now, please. So that'll be the one that says the 2018 tax rate for singles. So this is kind of like your tax rate now for singles. So you make between zero and $9,500. Why would anyone have to pay 10% on $9,500? You would think not. You would think zero. Yeah. Right? Yeah. And that's the same as today, at least up to the 90. Right. So it's actually going up. So in 12% between $9,500. See, I think personally, I think those tax brackets, those to be zero. Yeah. Yeah. Right? Anything, anyone making under $40,000 a year shouldn't be paying any taxes. You think. You think. Yeah. We weren't elected and we didn't make these rules. Which we don't. But we vote in the people that come up with the rules. Right. Right. Some Democrats, some Republicans and some others. So this is what they came up with. Anyway, so this just gives you a sense of what the numbers are. In the long run, the hype and the companies reacted seem to pan out that this is going to be a good thing. So you go look at the next slide, which is the couples. You get to see what happens on the tax rate for a couple filing jointly. Now it's zero to 19,000. So, you know, doubled it a little bit. Yeah. But still I don't a couple that makes $19,000 a year got to pay 10% tax. That's crazy. It's crazy. You can't live on. That's the livable wage. You can't live on that. You can't live on that. I mean, so I'm just going, let's have some common sense here. Just simple common sense. You know, if, well, but you can't use why as an example because we're such a high cost of state. But if you just took like some of the other states. Why? Again, we elect these people and they come up with this 2000 page new tax law. And 500, 600,000 and up a couple paying 37%. I think that's okay. Yeah. That's a third. Yeah. Which is kind of what your, that's the rough rule of thumb. Historically, you'd expect that level of tax. So, I mean, so those, those are, you know, that seems to be reasonable because my thought is that if someone, someone's or someone's making $600,000 a year, they're also spending a lot more money. Right. So they have a more, a bit more expensive house. They buy more expensive cars. They have bigger houses or whatever. So they're paying more taxes, whether it be property taxes, sales taxes, all of those kinds of things are coming back into the company. Do they have more disposable income? And they have more disposable income. That's someone that's making between zero and 19,000 and 50 bucks. Yeah. Just got to pay $1,200 a month for rent. It doesn't make any sense. It doesn't make any sense. You know, probably, I don't, we don't have that. But if you looked at the amount of tax revenues that would generate for the federal government for those, that's not where they're going to get all their tax revenues. It's more the middle class and the richer people are going to pay more of the gross dollars going in. They're going in. And that's what it is. And so, I mean, we're, again, it's just a lay person's common, we're just talking common sense here. Yeah. At that level, you're, you're below the government poverty level. Yeah. The government defined poverty level. Yeah. The government still wants to put their hand in your pocket. Yeah. And so that's really, I guess, part of the conversation that the government should have about, hey, if you're below the poverty level, should you really be paying taxes? Right. Shouldn't you be receiving? And if you don't want to wait for the Fed to do all the work, you have states here. The state of Hawaii could turn around and say, hey, if you're below the poverty level, we're not going to charge you a state tax. Right. No state tax. But they, they got the hand in the pocket too. Right. So, but so these people down at the big square building that are supposed to be taking care of us, that would represent us. Yeah. I'm not impressed. I'm actually depressed. So again, for those viewers who that watch this show, you got to start asking them why they got the hand in our pocket for all of the stuff. Yeah. Anyway, the race changed. Yeah. And, and such. So, but now my, my favorite one, this is one I think we're going to get some really good conversation on. Yeah. So the next slide comes up. It's the negative impact on high tax states like Hawaii. Yeah. So this tax law, this new tax law, high tax states, Hawaii, California, New York, we get beat. So not only are they got their hands in our pocket, now we no longer get the unlimited state deduction and local deduction. Yeah. It's capped at $10,000. Yeah. Right. So no longer now. So anyone that said, and guess what, I noticed something. Most of these high tax states are blue. That's right. Yeah. It's not a surprise. So, so. Blue. Do you mean Democratic? As in Democratic. Yeah. So, just for the audience, you here, you've got everything represented here. You've got independent Democrat and Republican. And we're not going to tell you who it is. It's Curly, Larry and Moe. Literally. Literally. Yeah. Curly, Larry and Moe. We got it. But depending upon the day of the week and the time of that day, either one of us could be, could, yeah. That's right. Different ones. We're having a conversation. I actually showed you where my Ben Carson hat today. You sleep though. It would be a very dull meeting. Anyway. But no more unlimited state and local tax deductions. So that, that to me is like, that was a really a stick. Especially for Hawaii. Yeah. Yeah. That's a big factor for us. California. Because we both have relatively high, we have high income tax rates. Right. Well, it's actually fairly reasonable property tax rate. But the value of the property is higher. Right. So if you listen to the propaganda from certain political parties locally. Yes. We have the lowest property tax rate. Yes.  Yeah. Or Wisconsin. Yeah. Something like that. Anybody that watches HGTV knows that what we pay here is not what they pay there. Yeah. But what they pay there is what we use for a 5% down payment. That's right. Yeah. Yeah. So that's going to impact us. And probably, you know, even more, you know, more certain in states that even have higher property taxes, which, you know, California and New York have higher property taxes than we do. Right. Yeah. So all of a sudden, you know, so, but people, you know, as, you know, what has happened historically, whatever you paid, you, at that state, at the state and local level, you can deduct that before you got to that taxable income rate. Right. Now, only 10,000. Only 10,000. So if you happen to be a higher, so even though you might get a break as a high income individual on the rate you pay, you might not be able to deduct your full state taxes to get to that, the number that you apply that percentage to. Right. So that becomes a wash. Yeah. And I think, and again, that's why you've got to talk to your, and your financial advisors is the fact that when you start looking at the blending of these things, this could possibly be in a state like Hawaii a negative. Yeah. Right. This change could be a negative. I don't know, but it's sure. And one of the things is it may not impact you, you know, this year or next year, but as our property, our property taxes, or I'm sorry, our property values go up. Right.  The statements now, the assessed value of your property that comes in and I'm going, remember when assessed value of property and appraised value of property used to be really far apart. Yes. Now the assessed value are like they're all like, they've all crept up and they're over left. So those assessed values as they go up, you know, in a couple of years, if we didn't get hit with the 10,000 today, couple of years, you know, a lot of people are going to be moving up, moving up with the increase in the assessed. Yeah. We all got to be concerned about that. There's fixed income retiring types who are fixed income earners who, you know, have, you know, may not have a mortgage on their property anymore, but the property tax. It's going to continue to rise. It continues to rise. And that, and that becomes like it was when they were paying their mortgage before. Right. And I don't think that $10,000 is what, you know, what people would call index. That means, okay, if it's $10,000 this year, then, you know, it might go up by another 5% next year and another. I don't know, but I'm believing that it's 10,000. That's it. And five years from now, it's still going to be 10,000. When we were working at the sitting and counting, we put in a computer system that allowed the tax assessors to use Google Maps and various other programs, ArcGIS and stuff to analyze property without even going out to the property and reassess your property without even going there. And then they go like, oh, there's another building on that property. And wait, oh, we got to add more tax. Oh, wait a minute. They never got a building permit. So now we're going to go chase them for a building permit. But while they're chasing you for a building permit that they didn't have, we're still going to tax you for that. Yeah, we're going to put the assessment up. Yeah, it's another $100,000 just went on your property. So, again. And another factor in this is also not only is there property tax and income tax, but you can deduct, I'm not a tax advisor, but I read on Google through Bing, so that you can deduct that or sales tax. Oh, yeah. One or the other. If you're thinking about buying that yacht you've been saving up with your entire life, the sales tax that you could deduct is up to the $10,000. So if you're having a once-in-a-lifetime event where you're going to buy something big. Buy that Lamborghini. Yeah. And rate the sales tax off. Right. Well, that is under that $10,000. You can check with your tax attorney, your advisor on that, but that's how I interpreted it as well. Before you write the big check for that Lamborghini, you might want to think about what the tax will be and you can only deduct up to $10,000. $10,000. Before you can take it over. Okay. Actually, we've went through it. We have to show already. It's amazing. Yeah. So we're going to take a break. We're going to pay some bills. We're going to come back and we're going to continue down this storyline of the layman's look at what the implications of the new tax laws are on us poor people here. Yeah. Back in a minute. This is Think Tech Hawaii, raising public awareness. Match Day is no ordinary day. The pitch hallowed ground for players and supporters alike. Excitement builds. Game plans are made with responsibility in mind. Celebrations are underway. Ready for kickoff. MLS clubs and our supporters rise to the challenge. We make responsible decisions while we cheer on our heroes and toast their success. Elevate your Match Day experience. If you drink, never drive. The host of Voice of the Veteran seen here live every Thursday afternoon at 1 p.m. on Think Tech Hawaii. As a fellow veteran and veterans advocate with over 23 years experience serving veterans, active duty and family members, I hope to educate everyone on benefits and accessibility services by inviting professionals in the field to appear on the show. In addition, I hope to plan on inviting guest veterans to talk about their concerns and possibly offer solutions. As we navigate and work together through issues, we can all benefit. Please join me every Thursday at 1 p.m. for the Voice of the Veteran. Aloha. Aloha. Gordo, the techs are here.  Our conversation today is the layman's look at the tax changes that are in effect in 2018 as we're coming up on April to follow your taxes for 2017. I've done mine already. Pop and close. Oh, you're close. We're there. I'm okay with it. I'm not exactly thrilled. But I'm okay with it. It's fine. You're probably okay. And people need to realize that it's calendar year 2017. All of that activity is under the old tax law. And so if you didn't do anything to plan before 12, 31, 17, it is what it is. That's it. And so the big thing, I think one of the things we want to take away from this is you need to give yourself plenty of time toward the end of this year to think about what you're doing to find an advisor and to do planning so that based on what the advisor says, you've got two or three months to do whatever you want to do to impact your taxes. Yeah, don't wait till December 15, 2018 to do it. I'm with you. I think no later than September of this year. You need to be sitting, talking with your advisor and planners on it. If you're sitting around in January 19 and discovered something and it's the oh I should have or I could have, it's too late. It's the federal government is the calendar year. And that's what it is. So you need to take some time to plan it. So really, you know, September, October, you should know somebody be talking through it. So you've got a couple of months to do whatever you want to do. And I can guarantee you that the people down at the big square building down the street here are not putting any tax benefit packages together to cut a sub break based on that limit we talked about earlier. There's no way they're doing anything. They're just complaining saying that's the problem with the fact that we've got, you know, we've got a Republican as the president. That may be true but that doesn't mean you can't come back and help us as a Democrat. You know, but never mind to get their hands in the pocket. Anyway, so we're going to talk about the next thing we're going to talk about is the mortgage deduction. And this is going to take a little bit of conversation because Larry, we've all done some research on this and we've all got different answers. So this is the key. This, this is, we all have different answers and such, but we know for sure that the deduction for interest is capped at $750,000. So if you have an $800,000 mortgage into the future, into the future, into the future, you are going to, you're going to be capped at 800. So if you entered into that mortgage prior to December 15th of 2017, 17, you're fine. You're fine. So if you've got, but if you're signed that mortgage on December the 16th, 2017, and it was 800,000, you just lost the interest on that $50,000. Yeah, the tax benefit. The tax benefit is gone. On that. And that's, that's done. It's over. So perfect example of why you need to talk to planners. Now, did they even, did they even know December 15th? When do we sign this? When just, I think just after, before, I think it was around, around Christmas. I'm not sure. December 22nd. Before, but it was right in there. Yeah. December the 22nd was with it. This was a quiz. Nice job. But did December the 22nd. So anyway, so it's, my answer was conceptually before Christmas. Yeah. But, but there's still, there's still is a limit though of $1 million for mortgages that were established prior to December the 15th, 2017. So even then, it's got cat, cat, cat. Now, I just can't imagine a million dollar mortgage. Sorry guys, it's beyond my, I can't, my little people, buying, I say, I'm losing my breath just thinking about it. Can't get my head wrapped around a million dollar mortgage. Right. But mind you, cock-ock, yeah, cock-ock, all the prices, the condos and everything down in there. I mean, people came by 10, 20% down on 1.2 million, that still leaves. Yeah. See, another reason people would do it, from a financial standpoint, say you're a small business person, or kind of a semi-small business person, probably the lowest interest rate you could get to borrow money would be, if you had the house to support it, would be your mortgage. Right. So say your, your mortgage was 4.5% interest, and then you could deduct all of that interest on your taxes and you're in a 30% bracket. So you would borrow as much as you could on your house, because you're effectively paying 3%. Yeah. Because you're going to get that break. And then, so the fact that that money kind of went over and you spend it on your small business is another story. Right. But that was cheaper than going down to the friendly bank and saying, I'm going to open a small business. Are you going to give me 3% interest when they quit laughing? Yeah. They would tell you the right. Yeah. I've been there, been there, and done that, right? So a lot of people, you know, the house that could support, that had the appraisal to support the mortgage might have a pretty sizable mortgage. Right. Because it's cheap money. Yeah. For them to use in there. So that was... With the tax benefit, yeah. With the tax benefit. And that, but that's the old logic. So people that had been doing this all their lives are used to the fact that that house mortgage was a source of funding. Mm-hmm. And now, it's not. Yeah. So now let's throw the ultimate, I'm going to call this the ultimate curve, because I don't know, and we've both read. We don't know. Yeah. Home equity lines of credit. Yeah. Okay. A home equity line of credit. I have heard opposite stories. I've heard one is the interest deduction for home equity lines of credit gone. And I've heard, oh no, it's still there. And then I went and saw what the IRS said. And the IRS said the Internal Revenue Service said the taxpayers can continue to deduct the interest they pay on home equity loans in many cases, in quotes. But it doesn't tell you what the cases are. Yeah. So what are the cases that aren't? And so I'm sitting here with that confusion, plus it's also tied to the cap. Right. Yeah. Right. So if you've got a $500,000 mortgage and a $250,000 home equity line of credit, that's all you can have. Yeah. So if you've got a $500,000 mortgage and a $300,000 home equity line of credit, $800,000, cap of $750,000, again, does not get... Right. You do not realize the benefit on the interest on that one. Right. If, in fact, you can take it. Yeah. So you saw something that said that we get it, right? Right. But this is, you know... Is it online? Yeah. And see, it's probably so complex that this again is have... The Congress did whatever they did in their wisdom. Wisdom. And now these... Wisdom. The gnomes down at the IRS are trying to write regulations. Right. To implement something that could be kind of goofy. Yeah. And so they're trying to figure that out. And then your consultant or your tax advisor has got to learn from the IRS what they are saying. Right. And so again, this is before you start going crazy on home equity lines this year. Yeah. You need to talk to whoever your advisor is to get as much certainty as you can. Yeah. Because if you're saying a home equity line, because I've read some things. And again, these are the things I've read. I've educated ones. If you take out a home equity line of credit and you use it to upgrade your home. Yeah. You'll get that. But then how do you prove that I... Upgraded my home. Upgraded my home with that home equity line of credit and didn't go off and buy my Lamborghini. Yeah. But they get the 10%... And that would have upgraded my garage. There you go. Oh, there you go. See? In many cases. He's a good tax advisor. He's a good tax advisor. Yeah. I've got a Lamborghini in it. As opposed to a 40-year-old Lotus that hasn't run forever. Yeah. So, I mean... So, again, we're just... I'm trying to get to be understanding this is that there is no bad answer. I mean, I sat yesterday with an expert in the field and who told me, no on Helox. He said, no. And I said, what if I used Helox to buy another house? He went, no. And then I go to the internet and I bring up the IRS thing and I said, well, what about this? Yeah, exactly. Oh, well, what's the date of that? Yeah. Well, that was of February 27th. Yeah. So, this is a moving target. Yeah. Yeah. And what about, you know, if you have a reverse mortgage? I don't know how that works today. Oh, no. I clearly don't know how it works tomorrow. But how does it work? Who knows? Yeah. Who knows? What interest is deductible on that? And do you have to have a reverse mortgage before, you know, the end of last year? Again, this is why we're having this. These are hands-cracking. These are... Our purpose of this show today is to confuse the hell out of you. So, because it is. I mean, we've got pretty extensive financial backgrounds and we're stumbling to the beat of a different drummer every time we walk down the street around this stuff. We just don't know. So, you know, as you're talking to your family and you're looking at business transactions you want to do, how you've done it for the last 30 years is different or could be different. Could be different. So, you just can't say, we're going to do this and we're going to use that home equity line to get it done. It might not work anymore.  And you thought you were going to get an $8,000... If you paid the $8,000 in interest, you thought you were going to get a benefit of that. And it wasn't there. And then couple that to the fact that we're a high-tax state and the $10,000 cap. Right. And you can get there a lot quicker. We can get there really quick. You add that to it. So, you know, this... I don't think Hawaii's going to bear all that well as a result of this at all. So, and then... So, then there's... And again, there's so many things in this and I just tried to pick like the top maybe five or six things that are of interest. Now, let's go... We'll go to your retirement savings. And that's all changing as well. So, your IRAs, your Roths, your 401Ks, all of that stuff is going through changes. Capital gains tax is changing. All kinds of things are happening in that space. And I spent at least a good couple hours reading it. And at the end, I was even more confused. I was like, I just don't... I don't understand it anymore. And we're getting to that age where we have to start drawing down on our retirement monies. Let me put this in a higher-tax bracket. Right. You know? Oh, a minimum. Just take the minimum. We got all of that happening. And so, you've got to, again, you've got to be talking to your financial advisor about that. You did increase the amount that you can contribute to your 401K. Yeah. Yeah. So, that went up $500. So, that's good. $500 to $500. Yeah. But, you know, those... there's limits now, which are there before. Your savings in IRAs and how they're looked at, that's all being looked at. Contributions to Roth. Here was one that, you know, I thought was ingenious and I was looking at it this year. If I could roll over my 401K to a Roth IRA, when you take your money from... This is what my understanding is. Don't bet on it. It was my understanding. If I'm taking my contribution out from my 401K when I'm supposed to at 70 and a half, that's a taxable event. But if I'm taking my contribution out of a Roth IRA at 70 and a half, that income is not taxed. That's my understanding. That's my understanding. Maybe not today, but last year. Last year. Today, that might be different. Yeah. So that might be different. So anyway, we got a minute. You got any last kind of comments you want to say to the viewers on this stuff? So because you're in it like me. Yeah. I'd go back to what, you know, Larry said originally is, come September, make sure you know who you want to go through to talk about what this tax implicate, all the implication is for you and your family. Right. It's finally usually the point you really need the experts in here. And I can hardly wait to see what TurboTax and all those other players are going to do out there, you know, when we've got to go file your return. It's going to be insane. I think we have lots of questions amongst ourselves. Yeah. And let's throw up the disclaimer at the end because I want to make sure we say this at the last slide. We are not tax advisors or consultants. CPA, financial advisor, tax accountant, prepare a list of what you should look at in 2018 and meet with those people that know it before December 31st, 2018. Absolutely. Three months before. Anyway, that's Kibachi talk for another exciting day. We're covering all kinds of topics. Last week was Tupperware. Yeah. This is about the same, you know, Tupperware to tax. I mean, who knows what we're going to do next week. We're in the T's. Oh, but we could talk about it. Yeah. Oh, here we go. Anyway, Gorda the tech star, Rick Zavonmeister, Larry, it's always great to have you on the show. Yes. Fun. We'll see you again next week. And like we say at the end of every show, one, two, three. How are you doing?


Fatto, ci siete? Iniziamo? Hi everyone, we will do this conference in English, that's the first information to let you know. But there will be the possibility to ask questions in Italian and they will be translated. And Alessio is the one who is going to do it. And of course, yes, replies also are going to be translated. So I would like to thank here Yanis Varoufakis for accepting our invitation to come here and tell us the latest news about this movement. And of course also his opinion on what is going on in Italy. I'm going to ask actually a question exactly on this Yanis. It's going to be my first question. If you can give us some insight on your agenda and on your new alliances in Europe. Thinking about the European election of next year. Because there was some talking about the five movement stars and also Melechon. So we would like to understand if you can tell us something about your plans for the next weeks and months. Thank you. Well, thank you so much. Thank you to all of you for being here. Thank you for your hospitality. And thank you for your question. But the main reason why we're here is because Italy today is being torn apart by two destructive forces. One is Brussels and the other is Salvini. By the failed establishment of Renzi, Merkel, Junker, Moscovici on the one hand.  What we are doing as DM25 in Italy, in France, in Germany, in Greece has to be seen in this context. Today Italy is ground zero of the European crisis. Italy should be in the focus of progressives around the world. Brussels and Salvini. This is a statement that may surprise some of you. Brussels and Salvini are working very well together, as we speak, against the interests of Italians in particular and of Europeans in general. Salvini is Brussels' greatest supporter. Mr. Junker, Mrs. Merkel, Macron et al. Are hanging onto power with the argument whatever mistakes we have made in Brussels, in Berlin, in Rome, talking about Renzi. After us comes Salvini, so you better support us. And Brussels is also Salvini's greatest supporter. By imposing on Italy rules that guarantee Italy's stagnation and falling income for average Italians, they enable Salvini's sortie into xenophobic populism. Allow me to turn directly to the issue that concerns most of you here in Italy today. The clash on the Italian budget with Brussels. Our position as the M25 is that both Brussels and the Lega-Chinquistella government are profoundly and intentionally wrong. Brussels is wrong to impose on Italy fiscal and banking rules that guarantee Italy stagnation. Rules that were agreed to by the now collapsing Italian establishment. The European Union's revamped fiscal rules are analytically baseless. There is no such thing as a structural deficit. It cannot be measured and it should not be measured. It is based on faulty economics. They are forcing Rome to introduce new sterity at a time when Italy's growth has collapsed to almost 0%. If the Italian government, any Italian government, were to follow the fiscal compact, you would have an increase in the debt to GDP ratio. Not at all because the denominator, your GDP would go into reversal. You would have another recession. The Lega-Chinquistella government is wrong also. This budget will not boost growth sufficiently to make a difference to most people. And the result will be a deficit overshoot without much benefit. Cutting, for instance, the top tax rate will not boost growth. When the rich receive a handout, they take it to Switzerland or to Luxembourg. Or save it. Even worse, it is our view that both Brussels and this government know that they are wrong. Brussels is choosing to be wrong because Brussels, the bureaucracy, is more interested in maintaining control over our countries than they are in shared prosperity across Europe. And the Lega-Chinquistella government is choosing to be wrong because Salvini and Imayo are more interested in maintaining this precarious alliance than in the prosperity of the Italian people. So, here we are, as DiEM25, facing this situation. Italy stagnates because its centrist establishment agreed to European Union rules that choked Italy, causing its own political demise, the political demise of the establishment that approved these rules, and paving the ground for Salvini. The ancient regime of Renzi et al and his patrons in Brussels and the Lega-Chinquistella government are two faces of the same problem. And they will continue to reinforce each other while Italy sinks, while Europe fragments. One of the side effects, the collateral damage of this clash between Salvini and Brussels is that we have stopped talking about the eurozone reforms that are absolutely necessary to keep Italy in the eurozone, to keep Greece in the eurozone, to keep the eurozone sustainable. Reforms that even President Macron discussed are now dead in the water. The oligarchic establishment, the PD, Forte Italia, caused the problem and today they cannot pretend to be part of a solution. Salvini is exploiting this to bring through his rabid xenophobia a new fascist moment in Italy, while Chinquistella is increasingly discredited as a crutch on which Mr. Salvini is leaning to take over government completely next year. We must act now. Italy has an urgent need for a new progressive alternative to the implicit but destructive alliance between the establishment and Salvini's nationalism. But what Italy does not need from us progressives is yet another sad leftist alliance of the usual left wing suspects. Italy does not need another Frankenstein left wing list that stitches together the dead parts of what used to be Italy's glorious left. The last thing the Italians need is another list of leftist candidates lacking a coherent program of change, a Europeanist program of change that answers the question what do you do with the banks, what do you do with public debt, what do you do with poverty, not only in Italy but also in France, in Germany, in Greece. This is why we are here today to announce that we are going to put together such a list with a single coherent credible program. You may very well ask, and who are you? Who are we who are going to do this? Last March in Napoli, Diem 25, I was there, colleagues, political movements from Poland, Denmark, Portugal, my friend Benoamon from France together with Luigi de Magistris, the mayor of Napoli, we embarked upon this project of putting together a transnationalist with a coherent program across Europe. This program is now complete, after many months of very hard work. It is the progressive ecological feminist humanist national program of the Pan-European coalition that we now call Primavera Europea, European Spring. What do we propose? Because this is Italy and we have a major crisis, allow me to start with Italy. Let me give you an example of the kind of proposals that we are bringing to the table that address the local, the national and the European at the same time. The first thing we propose regarding the Italian budget is that the component of it which concerns minimum guaranteed income is introduced and indeed expanded simultaneously. Number two, scrap Salvini's top tax cut. When you give handouts to the rich, as I said before, you are not boosting growth. We have known this forever. Why have we forgotten it now? Replace those tax cuts with a growth enhancing green investment plan that pushes the deficit not to 2.4% of GDP, but to 3% of GDP. But most of it is made up of public investment. We are talking about something like 20 billion for three purposes. First, the industrial and ecological transition necessary in this country to solve for instance problems like Ilva in Taranto and offshoring of low added value manufacturing. Secondly, environmental safety beginning with a plan for seismic prevention that we have included in our program. And thirdly, investment in infrastructure to avoid repetition of the general disaster. Disaster and invest in sustainable transport. And what about the fiscal rules of the European Union? Our proposal is that we go from 2.4 to 3, but in a growth enhancing manner. Well, if the European Union wants Italy to adhere to the fiscal compact, it can be done. Our proposal is that the government of Italy calls for a European Union Council summit to propose the following in order to reduce the fiscal deficit of Italy from 3% to 0.8% even to 0% if Europe cares for this, so badly. That we adopt as the European Union Council can give this green light as a result of one simple decision, no need for any treaty changes whatsoever to give the green light to the European investment bank that belongs to all EU member states in European investment bank bonds up to 5% of eurozone GDP per year for 5 years. This is about 500 billion euros with the European central bank standing by in the secondary bond markets to purchase those bonds in the same way that it has been doing for the last few years. This way you boost investment, public investment through the European investment bank in Italy, in Germany, in Greece by 5% of GDP. And that way you can ameliorate then you could have an Italian government which is reducing Italian deficit down to the levels prescribed by the European Council and the fiscal bank. This is part of our new deal for Europe. You can see that we are combining a solution for Italy with a solution for Europe. Europe desperately needs a large scale green investment programme to create the good quality jobs that we are lacking across Europe which are causing our young into precarious jobs in Germany as much as in Italy which feeds the nationalist internationalism across Europe, racism, xenophobia. We need to make this investment in the green energy union that we do not have for many reasons for the planet's sake but also for the sake of becoming decoupled from Putin's Gazprom. DM25 in every country, we just gave you an example here in Italy, combine solutions at the pan-European level with solutions at the national level, indeed the regional level. Ladies and gentlemen, austerity for the many and socialism for the bankers has given rise to the present fascist moment in Italy, to the collapse of the political centre everywhere, to the reactionary divided Europe that Mr Trump dreams of. Today here in Rome we are saying enough, we are saying another Italy, another Europe is not only possible but it is here in the form of our transnational movement with a single coherent programme that people can believe in, in Italy, in Germany, in France everywhere. Talking about our next steps. We are here as part of the process that we began in Napoli in March of this year with Luigi de Magistris, with Benoit Amon of Generazione, with the Alternative Party in Denmark, with Rasm in Poland, with Livre in Portugal, with Mera25, our new party in Greece, with green parties that we are in discussions with, with leftist parties, but what matters to us is that we do not simply present to you a list of people who want to be elected. That our list should have one common radical Europeanist programme. Whoever wants to discuss this programme with us, which is at a very advanced stage, we can go into europeanspring.net and read our programme for Europe as a whole. Anyone who wants to discuss this can come along. The discussion, are you with Mellon Sean? Are you with whoever? Is not the kind of discussion that the people are there care for. This is old style politics, we are not interested in it. We are interested in solutions. Anyone who wants to join us on the basis of one programme for the whole of Europe in Italy, that works for Germany, can come with us and will be part of this list. The European Parliament elections in May 2019, they are only a start. They give us an opportunity to have this debate. We will use the May elections to transcend the fake conflict between Salvini and Brussels, between the authoritarian incompetent establishment and the misanthropic nationalist international. DmItalia is here. We are moving up and down the country. We are scheduling three major events in November. There is going to be one, the final one in Milano. There is going to be one in Taranto. There are going to be three major events. We are beginning to collect the signatures that are necessary for DmItalia to run in Italy. We invite all the various partners that we embarked upon this journey last March in Napoli to join us, but there is no more time to waste. We are moving. We are declaring our presence in Italy and elsewhere because we are going to be doing the same thing. There will be a similar announcement of a political party belonging to Dm25 in Germany on the 24th and 25th of November. In Greece we have already started. In France we are here not only to contest an election, but we are here to bring to the people of Italy a scent of next May's European Spring with a message. Italian progressives are no longer alone. Thank you. Thank you, Yanis. We open to the questions. So if there are any. Avete bisogno di traduzione di quello che hai appena detto, qualcosa in particolare? Ok. Sì, allora... Microphone. No, la mimima qui. Hello, Angela Mauro, off into post Italy. You didn't talk about immigration, which is a topic on which Salvini gains votes. So what do you have to say about that? I think it's a topical point in the next European electoral campaign for everybody. Thanks. Europe does not have a migration crisis. Italy and Greece, we have a migration problem. Why? Because there is no such thing as a European Union. Europe as a whole is large enough and rich enough to deal with this problem in a humane way. We must bind together in order to change the position of the European Union regarding migration. So we're not going to do it through using migrants as scapegoats. We're not going to succeed either saving our countries or our Europe by turning xenophobia or turbocharging, I should say, xenophobia like Salvini is doing. The fact that Salvini is gaining votes in Italy by becoming increasingly racist. It's simply a symptom of inability of progressives to bind together to combine. A rational approach to the problem with the humanism which is in the heart and in the minds of Italians and Europeans. Our position is very simple. The migrants that are coming to our shores are an essential resource for the future. Europe needs migration. We are an aging society at the European level. But you cannot pile up migrants in Italy and in Greece on the basis of xenophobia in Austria, in Germany, in France, which then gives a xenophobia, like Mr. Salvini, the opportunity to gather power in Italy through turning humans against humans. Allora, per rispondere alla sua domanda, noi sappiamo che in Italia c'è un problema di migrazione. Perché non c'è l'Unione europea, purtroppo. L'Unione europea è sufficientemente grande e anche ricca per poter pensare a questo problema dell'immigrazione in maniera più umana. Quindi abbiamo senza dubbio cambiare la posizione dell'Unione europea per quanto riguarda la migrazione. Ma non lo possiamo fare sfruttando i migranti semplicemente per i nostri fini elettorali e politici, perché quello non avrebbe mai successo. Non possiamo veramente sfruttare la xenofobia come sta facendo Salvini. Il fatto che Salvini stia ricevendo così tanto consenso in Italia è dovuto a cosa. Beh, è dovuto al fatto che di fatto le forze proprio esiste assieme non riescono a fornire un approccio razionale a questo problema comune che riguarda l'immigrazione, gestendolo magari con quell'umanesimo che nelle cuori e nelle menti di noi italiani. Noi abbiamo bisogno di questi migranti che provengono dalle coste perché assolutamente sono necessarie. Ado anche l'invecchiamento della società italiana ma anche delle società europee. Quindi non possiamo senza dubbio sfruttare la xenofobia in varie nazioni eccetera, perché altrimenti poi finiremo per fare il gioco di Salvini e finiremo poi anche per porre gli esseri umani gli uni contro gli altri. Cosa che assolutamente vogliamo cercare di evitare. Simon. Ciao, io sono Simon Ekron da una pittura nuova da Norweggia, io volevo chiedere a voi, hai diventato famosa per opposire la Commissione EU e le politiche economiche. Spero se potete essere un po' più specifico su cosa è la differenza in modo in cui i tuoi giorni criticano la Commissione EU e il modo in cui il governo italiano fa questo. Quando ci viene la manovra, quando ci viene il budget, ovviamente c'è molte differenze quando ci viene l'immigrazione per esempio ma esattamente il modo in cui c'è il loro gioco per avere la loro politica economica. E poi, una seconda domanda su la Cinque Stelle, hai completely given up hope on seeing the five star movement as a progressive force in Europe, do you now count them as equal to Lega or do you see some kind of possibility in the future of changing that situation? Regarding the difference between our opposition to the Brussels establishment and that of the Lega, we are radical Europeanists. We want to bring Europe together. We want, if you want a federal Europe that works democratically, whereas Mr. Cervini and his Lega would like to see the dismemberment of the European Union and maybe its retention as nothing more than a trade zone. That is a profound difference. Profound difference. We are opposing Brussels because we are Europeanists and as Europeanists we are against the policies of Brussels that are destroying Europe and giving Mr. Cervini the opportunity to finish it off. On the second question, we never give up hope on anyone. Some of us are atheists within the M25, but we are all believers in humanity. Cinque Stelle have to decide for themselves whether they want to continue this path of being the crutch and racist, xenophobic Lega and to be working for them before Mr. Cervini choose them up and spits them out after the European Parliament election or whether they want to return to a humanist bloc. If they do, we will welcome. Alla sua domanda. Aspetta, aspetta, aspetta. Vediamo se avete bisogno della traduzione. Così risparmiamo tempo, andiamo all'altra domanda. Sì, ok. Sì, si puoi fare un piccolo riassunto. Allora, per quanto riguarda l'immigrazione noi vogliamo appunto far unire l'Europa. Vogliamo un'Europa federale mentre invece il signor Salvini e la Lega vuole smembrarla l'Unione europea, no? E, di fatto, magari la vuole ridurre poi una zona di libero scampio e non è assolutamente quello che vogliamo fare noi. Noi siamo contro Bruxelles, perché? Per un motivo, perché siamo europei e come europei siamo contro questa politica di Bruxelles che alla fine finisce specia per fare il gioco di Salvini. Per quanto riguarda la seconda domanda, non dobbiamo mai perdere la speranza, no? Alcuni di noi sono atei all'interno di DM25, però siamo tutti quanti credenti. Credenti in che cosa? Nell'umanità. I Cinque Stelle hanno deciso di prendere una strada e a questo punto devono decidere se continuare a seguirla e magari lasciarsi, diciamo così, sopra fare da una Lega xenofobica oppure scegliere una strada diversa perché dopo le elezioni rischio che verranno poi estromessi dagli processi. Giovanna Ferrara, il manifesto. Io volevo fare questa domanda. Dal punto di vista di una nuova architettura delle Europa cosa ne pensa della particolare situazione che si è creata in Italia riguardo ai conflitti interistituzionali? Penso al caso di Mimmo Lucano e penso anche ai casi dei porti aperti dai comuni contro le circolari del Viminale e penso, infine, all'operazione mediterrania che è un'operazione nata proprio per diventare l'incudine all'interno di questo conflitto interistituzionale. Ok. So, she's referring to inter-institutional conflicts in, for example, with municipalities that sometimes are against the decisions of the interior ministry and also other issues that occur within this inter-institutional conflict between the central government and the local government. She mentioned the case of Mimmo Lucano, the Riaccio. Yes. What Deem25 is a municipalist movement, not just a Europeanist movement. We believe that within a united Europe, a democratic Europe, regions and municipalities should have a lot more autonomy. Indeed, the Eurozone crisis has reduced the autonomy of mayors of regional authorities by pushing authority down to the level of the local. And the result is a greater crisis, both of the local economies and of democracy. In the case of Riaccio, you will allow me to simply add to that which you all know that I find personally quite interesting and worrying that in an area where you have a particular mayor effectively damaging the interests of the mafia by taking away contracts from them, that this government, that at least part of it was supposed to be absolutely determined to make a difference in this fight, is targeting this particular mayor in the way that they are doing it. This is why Deem believes that very strongly that this fake contradiction, this fake conflict between the establishment and the anti-establishment government is fake, even down to the level of Riaccio.  Allora, per rispondere alla sua domanda, noi riteniamo che per avere una Europa veramente unita e democratica, le regioni e le municipalità devono senza dubbio avere un ruolo molto maggiore. E di fatto, infatti, questa crisi europea ha fatto l'esatto opposto, ha ridotto il potere dei sindaci a livello locale. Questo ha portato a una crisi sia delle economie locali, ma anche delle democrazie. Per quanto riguarda Riaccio, il sindaco, noi siamo tutti quanti a conoscenza del fatto che è una situazione preoccupante, perché in una data zona avevamo un sindaco che stava di fatto cercando di togliere forza a lavoro alla mafia, togliendo la forza della quale avevano bisogno. È strano che questo governo non abbia incoraggiato l'iniziativa di quel sindaco e lo abbia ostacolato e addirittura impossibilitato nel proseguire le sue azioni. Quindi noi riteniamo che questo conflitto esistente tra l'establishment e l'anti-establishment italiano e poi alla fine dei conti fasullo. Questo lo vediamo in tanti eventi tra i quali anche questo. Grazie Alessio. Ho una questione anche per te, Yanis. È una curiosità, in realtà, perché noi parliamo molto di strategie di comunicazione e anche di attracchiare i cittadini, i cittadini eroscaptici che sono apparellentemente crescendo. E io vorrei dire una cosa, cioè, hai una comunicazione, una strategia specifica di comunicazione? Spindottor, e queste nuove tuele, c'è un scenario di usare nuove tuele per spreadere le idee? Abbiamo nessun spindottor, non abbiamo immagini, non perché non possiamo usare, però non vogliamo. E non vogliamo perché io credo che le persone avessero abbastanza di spindotto, hanno abbastanza di fagi, hanno abbastanza di politici. Noi non siamo politici, stiamo scopriando in politica, non perché vogliamo diventare ministri o membri di Parlamento, ma perché sentiamo una duttore historica per intervenire in questo conflitto fisico tra l'establishmento e l'establishmento e l'establishmento. Il modo in cui stiamo accortando, quelli che sono sceptici, non solo per Europa, ma per politici, per il futuro, per la capacità di democrazione per cambiare qualcosa. Siamo determinati di adessare particolari problemi con molti specifici propositi. Non il pensamento wishful, non vogliamo un'altra Europa, un'altra世界. No, l'avete detto prima, il proposito specifico per il budget italiano. Siamo argomenti che, sì, per il minimo garantimento di sviluppo, di sviluppo, di sviluppo, sì, per il minimo garantimento di sviluppo, non per i tax cuts, usare questo paese per l'investimento pubblico, esplendere dove pensiamo che il paese deve andare, magari boostare il deficit per 3%, ma, al stesso tempo, andare all'Unione europea con un proposito che è completamente legale e in le tradizioni su come stradere il deficit, mentre boostare l'investimento in un euro europeo. Quindi, parlando di persone, di persone di quale, rispondendo il loro numero 1, che è perché dovrebbe essere optimistico per il futuro dei miei figli? L'ansere è perché abbiamo la capacità, come europei, come italiani, di investire in una qualità buona, di gravi, per i miei figli e questo è come possiamo farlo. Questo è il nostro Dr. Spin. Non è in Utopia? Che stai dicendo? Che è in Utopia? È per pensare che possiamo continuare the way we're continuing. Che è l'utopica? È per pensare per i brassoli che se solo Mr. Renzi dovevano ripartere in Italia per impostare le regole di brassoli. Tutto sarebbe bene. È in Utopia. Che è in Utopia? È per pensare che Mr. Salvini ha avuto anche più hatred per i foreigners e ha avuto con l'Europa senza un progetto per l'investimento greino che ci sono migliori. Lo che proposiamo è l'unico progetto realistico. È l'utopica di pensare che il realismo può succedere? Beh, magari, ma è un utopico realistico e è l'unico che può arrumare un'office distopica da scegliere. Dovrei parlare in Utopia? No. No? Ok, qui. Sì. Buongiorno. Sono Luca Mariani, l'Agenza Italia. Se è possibile, vorrei parlare in Italia. Yes, yes. Tre domande. La prima. Lei sarà lo Spitz & Candidate per la Commissione UE. Abbiamo due. Oh, no. Brevissime. Spitz & Candidate per la Commissione UE sarà Mr. Varufakis. Seconda domanda. Chi sarà l'uomo di punta del vostro movimento in Italia? De Magistris, Sindaco di Napoli. Terza domanda. Io vedo Salvini che dichiara che a Mosca si trova più al sicuro che nelle capitali europee. Vedo Trump che ha un rapporto privilegiato con Conte e Phara. Forse qui non è una contrapposizione Bruxelles Salvini. Qui forse in gioco un po' più grande. Lei cosa ne pensa? Of course it is a much bigger game. But Mr. Salvini is a major player. Steve Bannon will conquer. There are other players. Mr. Zehoffer in Munich. Those who will probably replace Mrs. Merkel. Mr. Orbán. Mr. Kurtz. And so on and so forth. But let me answer your question about Spitz & Candidate. This process has already died. According to the Christian Democrats they don't believe in it. The social Democrats have ceased to exist. It seems to me that this process has been shown up for what it was. A fake democratic process. Now, DiEM25, European Spring, our alliance are going to have an open primary before May to decide who is going to represent us in Brussels. So you can think of this as Spitz & Candidate of the movement. If you are asking me personally I am going to make myself available to the movement. But let me also say that we are absolutely determined to break free of national divisions. In the European Parliament elections our movement is going to have a German leading the ticket in Greece. There will be Greeks contesting European Parliament seats in Germany. There will be Italians in France and so on. This is our symbolic way of doing away with this fake division between north and south. There is no division between north and south. No clash between Italy and Germany or Greece and Germany. There is only one clash between progressives and those who are undoing our societies everywhere. And that clash happens in Greece, in Italy, everywhere. I think that's more or less what I want to say on this issue. You need translation? No, ok. I can speak in English but it's bad and maybe Italian. I just want to... Scusa, io volevo solamente chiedere ci sono state la settimana scorsa lezioni in Bavaria, con la vincita appunto del Partito Verde guidato da una 34 trenne. Volevo sapere se queste elezioni in cui appunto per la prima volta un Partito Verde, una donna così giovane in Baviera, la terra dell'industria automobilistica tedesca, con un Partito Verde che parla senza apeli sulla lingua anche di un numero chiuso per quello che riguarda le politiche migratorie. Volevo sapere se questo è una possibile alleanza per quello che riguarda la situazione tedesca di DM in Germania e se DM, quando parlavamo prima di umanesimo nella risposta al problema migratorio, che cosa significa? Se si può parlare anche appunto senza censura di una sorta di numero chiuso legato chiaramente alla possibilità di dare educazione, lavoro e un'accoglianza dignitosa ai migranti che arrivano in tutta Europa, parlo. Poi si può prendere, quindi, con tutti i sottotitoli i factori di lavoro, l'accoglianza, etc. We welcome the fact that the Green Part did well in Munich. They did not win Bavaria. They simply took the votes of the collapsing social democrats. The winners in Bavaria remain the forces of the right, the CESU together with the IFD. A crashing victory by them. Let us not forget that. Would we want to align ourselves with the Green Parties of Europe? Absolutely. We are in discussions with them. But I would answer the question in the same way that I would answer it if you were to ask me about the link about liberals, anti-systemic liberals by saying we're not interested in labels. We're interested in getting things done. So we put out a program which we call a new Green Deal for Europe. We make proposals about this investment program of 500 billion in green transition a year, every year for five years. We have a program for what to do with public debt, with the non-performing loans of the banks, with poverty, with democratization, and so on. It's a very comprehensive program. And we are inviting everyone to discuss it with us, not to accept it, to tell us where we are on and what we should do differently. And we wish that the Greens, the Left, liberals, progressive conservatives even, come to us and we can have this discussion in order to start tabula rasa a new progressive movement in Europe. This is our position and we're going to stick to it. On the question of humanism, humanism is inconsistent with electrified border fences. Full stop. So we have a question here and we have some more questions. So please keep your answers short. Sorry, your answer too bad. The question short, sorry. Hi, Yanis, it's Eric, regularly of the Globe and Mail of Canada. The Italian government insists it doesn't want to leave the euro. But my question is, do you believe them? Do they secretly, or not so secretly, want to leave the euro? And if they do, is it not a bad idea to do so in the sense that for 20 years since the introduction of the euro in Italy this country has been a corpse? It just hasn't worked for this country. Thank you. No, I don't believe them. What I do believe is that Mr. Salvini has chosen a two phase strategy. First beat up anti-migration rage, xenophobia before the European parliament elections in order to garner votes, but keep the euro question under wraps for now so that after the European parliament elections he can become prime minister and then go into phase two which will be not necessarily, there will be no referendum about the euro, anything like that, but cause a crisis that will make it a natural progression for Italy to forge a parallel currency that then is the precursor of something very much like Italian exit. This is my personal view but it's neither here nor there. The second question, would it be a good idea to get out of the euro? I have been very steadfast in my view on this regarding Greece, regarding Italy, regarding all eurozone member states and it is this. Some people think there is a contradiction in what I'm going to say. There is no contradiction. First we should not have entered the eurozone. Italy should not have entered the eurozone. Greece should not have entered the eurozone. We should not have created the eurozone. Not that the common currency would be a bad idea but this common currency with these rules, think about it. We created a central bank without the treasury to have its back and we have 19 treasuries without the central bank to look after national banking systems that they cannot ever save during a crisis. It was as if we created a monetary union designed to cause problems for our citizens. That's point number one. Point number two, we should not have a policy of exiting that terrible monetary union. Some people say a hundred seconds. You just said that we should not have entered it but now you're saying we should not exit it. Yes. Because it's one thing to say we should not have come in. It's quite another to say we should get out. It's not the same thing because once you get in, things change and getting out has a major cost for Europe as a whole, for Italy. It does not mean that we should not prepare a parallel currency. I prepared one when I was a minister. It does not mean that we should stay in the euro even if our countries collapse. No. It means that we should be prepared on the one hand to go to Brussels, to go to Berlin and put forward proposals for making changes to the eurozone that will allow Italy to breathe within it and at the same time prepare for exiting for the very simple reason that even the Buddhist bank is preparing for an exit of Germany because this is a very unstable courage. Thank you again. Is there a question over there? Yes. Sorry to bring you back to the Italian politics. Don't be sorry. This is why I'm here. Okay. Thank you. I want to ask you, in case of a crisis of the Italian government, what are the chances of Mr. Di Maio to be your partner and then do you see a default of Italy as a possibility? I'll start from the second part. I think a default will be unlikely. But there are ways of hair cutting debt that do not count as default. So for instance, one of the things that is not unlikely is that there will be, in the case of Italy, in Italian public debt, financial incentives for Italian savers to buy more bonds with tax breaks that clash with Brussels rules, for instance. A parallel currency would, if there was a redenomination of tax breaks, would also be an effective haircut that would not count necessarily as a default. But this is a theoretical discussion. What really matters is that we avoid this clash between this government and Brussels, a clash that is not leading to any improvement in the lives of Italians or the rest of Europe. On the first question that you asked, as I said, we are atheists who happen to be faithful in human nature if Mr. Di Maio drops out of this government and stops being the catch of Mr. Salvini and Cinque Stelle join again the ranks of humanist rational political forces. We would be welcoming them as well. But I do not see this happening. Every day they stay within this coalition. I believe Cinque Stelle is losing its soul. But have you been in conversation, for example, with Fico, the one who is considered on the left of the... We've been in conversation with many people, not with a particular person that you mentioned. At least not me. Maybe somebody from our movement has. Maybe I can ask one of our DM25 representatives here to answer the question. But this is not the issue. The issue is Cinque Stelle interested in reclaiming its position on the humanist side of politics. Thank you. There is another question over there. Yes. Go to... I'm Italian, and the Dutch Italian from Berlin. We know that you are going to meet as soon as possible in Benissander's. So we would like to know something about the international protagressista as we call. Thanks. Well thank you for the question, because this is something quite exciting. DM25 is not only Europeanist, or actually we are Europeanists because we are internationalists. Europe is a source of great instability for the rest of the world. We are causing serious problems for the rest of the world through our inability to solve our crisis. At the same time we have an American president who is determined to destabilize what is left of the stability of the world. And we have a complete failure of the west of the European Union and the United States to get their act together to deal with a global crisis which began in 2008 and which has not finished. I think that it has finished should reconsider their views. This is why we need to go beyond the limits of Europe. You see, the financiers are internationalists. They know how to bind together to make sure that the majority of people in every country bailes them out after they've made their huge errors. The fascists, the nationalists, the racists like Trump, Bannon, Zehoffer, Salvini are internationalists. They bind together magnificently. The only people who are failing are the progressives. So on the 30th of November Bernice Anders and I are going to be launching the progressive international in Vermont and we are going to make issue an open call to political forces from across Europe, from Africa, from Asia, from Latin America, from Central America, to join us. It is going to be a very difficult process but at least there is going to be a start. Thank you. Paddy? Paddy Agnew, Sony Independent. Professor, to change the theme slightly, Brexit, you say Salvini is working towards the disintegration of the European Union, but have Mr Farage and Boris Johnson started the job already. Do you feel that we are in a Brexit situation where the 27 countries say unless we get an Irish border resolution there'd be no deal? Do you think the 27 countries will hold together on that? Yes, but then the question is will London prefer no deal? No. We're holding a deal with the United Ireland to a United Ireland, because that's really the issue. I do believe that – and remember that DiEM25 is a movement with the presence in Ireland both the Republic and Northern Ireland and we are very proud of that. And we brought people together that they would not have been in the same movement if DiEM was not in Ireland. in un modo non secretario di un'Unità Unita. Il bordo non deve ripartere. L'accordo di Good Friday deve essere mantenuto e supportato. E l'Europa ha un ruolo a giocare. Ma facciamolo dire qualcosa di Brexit. You mentioned Mr. Johnson e Mr. Farage. They would never have succeeded to win the Brexit referendum if it was not for the incompetence of Brussels and Frankfurt in handling the inevitable crisis of the Eurozone between 2010 and 2016. And let me explain this. At the time when the financial world was collapsing between 2008 and 2010, the European Central Bank, completely hostage of its charter that was written by the Buddhist Bank, was shrinking the money supply while the Bank of England was boosting the money supply as if there is no tomorrow, the Bank of Japan, the Fed in the United States. The result was hundreds of thousands of Italians, Greeks, Spaniards, Portuguese moving to England. At a time when Mr. Osborne, the Tory party treasurer, was imposing austerity on the majority of the English people. So you have the refloating of the financial markets in England drawing people from the continent while British workers were being treated with austerity. That was a recipe for creating the Brexit movement. It was Brussels and Frankfurt's policies that gave rise to the disintegration of the European Union with Brexit. This is why DiEM25 is determined to clash with the Brussels establishment in order to save the European Union, in order to make sure that borders like the one between the Republic and Northern Ireland never come back. Buongiorno. Eva Giovannini, mezz'ora in più, volevo tornare sul tema sollevato prima dal collega della Russia. Ci sono sollecitazioni esplicite sia da parte di Washington che di Mosca verso il governo per andare dritto su questa manovra e si parla anche di possibili aiuti economici del Kremlin per comprare debito pubblico italiano, la cifra che gira a 6 miliardi. Voglio sapere da lei in termini politici che cosa significherebbe per noi italiani essere debitori verso Mosca e quindi per Mosca essere creditori verso l'Italia. Grazie. It is a very bad idea. Very bad idea. For two reasons. Firstly, Russia is bankrupt and the most they can do is buy 4% of their debt issuance for the next year. In the next year your debt issuance is 250 billion. If they choose to, they will buy 4% it's irrelevant so they can't help Italy. That's one reason. Secondly, you shouldn't want to be helped by Mr. Putin. The last thing we need in Europe in Italy is more dependence on Mr. Putin or indeed Mr. Trump for that matter. Remember, Mr. Trump e Mr. Putin are united by a wish to see a Europe that is disintegrating and becoming more reactionary and more right wing and more fascistic. This is why we are here. We are here because we need to fight against Mr. Putin, against Mr. Trump, against the brusset establishment that is making Mr. Salvini powerful enough to be playing these games against Mr. Trump and Mr. Putin. Plus, I remember something similar promised to Greece, right? I mean, Russia also promised to buy Greek bonds some years ago. I've written about this in my last book which exists in Italian, adults in the room and I explained why I was the one member of the Greek cabinet under Mr. Tsipras who effectively vetoed any discussion with Putin on us being helped by Russia against our struggle with the trike. For the same reasons that I are outlining here I refuse to even go to Moscow along with Mr. Tsipras in the end, of course Mr. Putin did exactly as I predicted and said to Mr. Tsipras we're not going to help you. Okay, do you need the final translation? Do you? It's okay. So, Yanis Varfakis, thank you again very much for being here thank you to you all Thank you. That's it. Everything was okay? I'm glad you're happy.


Nanoselluloses, NCs, are promising nanomaterials with diverse applications in the biomedical field. Recent developments in this area include the use of CNCs, CNFs, and BNCs in wound dressing, tissue engineering, and drug delivery. The focus of this review is on the most recent advancements in these areas over the past three years. Top-down and bottom-up approaches to the production of NCs are described, along with their unique characteristics such as mechanical and biological properties. Challenges, limitations, and future research directions are also discussed. This article was authored by Alina Gailen, Roluka Nikiu, Diana E. Sayalaku and others.


your parents live through you. Narcissistic parents often view their children as a way to serve their selfish needs and ambitions. The child's individuality is denied and the child simply becomes a mere extension and reflection of the parents. According to Melissa Berkeley, PhD, narcissistic parents love what their children can do for them and their children's achievements because of how they reflect well on them. Number two, your parents' love is conditional. Have you ever received showers of praise and affections when you get an A on a test?  For narcissistic parents, love comes with conditions. It's hard to receive unconditional and stable love from such parents. These parents only support their children for high achievement instead of letting their children explore what they're interested in and genuinely like. Such children will only feel secure and worthwhile when they're recognized as the best. Number three, your parents feel they are superior to others. Have your parents ever wanted you to stop interacting with a friend who came from a poor household or something similar? A narcissistic parent always feels superior to other people and often finds pleasure in advertising their material possessions, accomplishments, contacts with higher ups and our trophy spouse and children. They think they're special and should only associate with other special or high status people. They have no problem going out of their way to fish out flattery and to eco-boosting admiration from others. The key message is, hey, look at me, I have what you don't have. Number four, your parents are dismissive and unwilling to identify with your feelings and those of others. Have you ever tried to talk to your parents about something embarrassing that happened at school? Put your parents dismissed it and talked about something that happened to them at work that day. Narcissists see situations and people through a selfish lens. Such parents merely think of how a certain situation personally affects them and are unwilling to consider the feelings and thoughts of their children. Number five, your parents compare you to your siblings, friends and the kids of their friends. Narcissistic parents have a habit of engaging one child in needless comparison with another child or peers. Their intention is to use their children's inferiority as a motivator. What they want is for their children to fight for their attention and approval. Number six, your parents become furious when something doesn't go their way, no matter how small. Have you ever found yourself tiptoeing around your parents' temper? You feel like you're walking on eggshells. Narcissistic parents are often blinded to their own faults but are always keen to point out the flaws in others. A harmless misunderstanding with their children is viewed as a personal attack. They view themselves as perfect. Nothing can ever be their fault and they are always the victim. Number seven, your parents guilt trip you with fear, obligation and guilt. Have your parents ever used their own death to get you to feel bad about not wanting to do something? Narcissistic parents often use fear, obligation and guilt on their children to cause the feeling of guilt. They want their children to submit to their wishes without considering what their children really feel and think. Number eight, you struggle with healthy boundaries because there were none growing up. In narcissistic parenting, there is a refusal to acknowledge the child as separate from the parents as they view their child as an extension of themselves. This results in muddy boundaries with their children in which the children's boundaries overlap with their parents' boundaries in an unhealthy parasitic manner. The parents believe that they have the autonomy to define, dictate and dominate the children's thoughts, feelings, opinions and identity. Growing up with easily permeable and dysfunctional boundaries will hinder the children from developing healthy boundaries and future relationships. Number nine, your accomplishments are never your own doing. Consider this scenario. You receive congratulations from your school's principal for receiving a valedictorian award for your high school graduation. Your mother who is attending the award ceremony suddenly chimes in because I have put my full focus on her achievement since she was young and she gets it all from me. What are your thoughts about this scenario? What do you notice? The mother makes it all about her. It's thanks to her that she's been shaping her daughter that way since young. It's thanks to her that her daughter received the valedictorian award. She never associates the achievements with her daughter's own hard work who never validates the teacher's role in teaching her child. For narcissistic parents, they always steal the thunder and it always revolves around them. Number 10, you become codependent. Growing up with narcissistic parents can lead to a sense of loss of self in the children. Narcissistic parents often depend on their children for validation to get their narcissistic supply. The narcissists also control all facets of the children's life, thus hindering the children's autonomy and sense of independence. Due to this, the children become codependent. Codependent is defined as someone who feels accountable for another person's feelings, problems, and behaviors to the expense of themselves. They're willing to abandon their own safety, emotional, mental, and physical well-being to take care of their parents. If you find that the above points resonate with your relationship with your parents, it's highly recommended to seek therapy, especially if you're struggling with things like anxiety, depression, or trauma as a result. As for the narcissistic parent, it's very important for them to be motivated to improve themselves in order for a change to take place. Did you find this video valuable? Tell us in the comments down below. Please like and share it with friends that might find use in this video too. Make sure to subscribe to Psych2Go and hit the notification bell for more content. All the references used are added in the description box below. Thanks for watching and see you next time. See ya.