lease don't make me edit and your total budget is I mean the total is like 81 million and then with what we pull in for revenue we pay about 61 so small small number changes end up being large dollars extremely large, yes Annie I'm just thinking about Dan's question and with the police department and I know I knew this information but I have forgotten it how would that even work because the police department is located in the village or is there something about the land that like the building is located in the village too right I know I don't even really think that it's I mean I guess it's a very good look at really what we've already gotten done because it's I think it would be I'm curious as to what Evan is trying to say it's been your combined police department for over 40 years right so I really right that's what I was trying to say is 40 years you built a building together for the size of the community for the community for the dog community 36 square miles with the close enough to the right number of police officers and dispatchers and records clerks and holding cells together now if there was the separation model the village would need a police department they could go to the state troopers Waterbury city Waterbury village it's a great academic exercise talk about this and it's 945 I was posing that not necessarily for this but for the community to hold so that this is being looked at because the questions are going to come from the community as a whole not from necessarily the boards right here I'm not trying to start a big debate here but I want the people outside to be aware of it and the impacts of this I totally understand where you're coming from but we are so far down the road of consolidation and it's our responsibility to do what's financially responsible for both communities and so I think what Sarah is pointing out is a very basic baseline and I'd be interested in hearing what levers the few that there might be that we could possibly pull on to adjust this basic model that you have can I add one thing though I just we had previous presentation you're talking about keeping spending municipal spending to 2020 level our previous presentation I just called for $25 million in new expenditures you know I thought about this before when I saw the agenda tonight I would like us all to ponder this and staff in particular exactly I want to use a big word incongruity there's an incongruous thing going on here and I don't have a conclusion but I'm just saying $25 million and I want to jump right in before this is the no more comment not going to be labor the point at all no I want to go back I'm sorry Evan I'd like to get this out go back first that this is not the only model this is the baseline this is the foundation for our discussion so that we can isolate just the effects of putting these two existing budgets together over time otherwise I mean my hair was practically on fire I don't think I could even put it on a powerpoint we need a bigger screen so this this is where we're starting and I'd like us to home get out of your turn Evan that's where this is the base one of the things that we talked about is in and of itself hey $32 a year that doesn't seem too bad this is zero girl zero zero grand list zero budget growth on top of this you have to think about what is two or three or three and a half percent contractual obligations any future projects that you just saw out of your 25 million is going to go on top of this so when you think about what you might want to consider for the town outside the village you might want to consider what and we didn't want to get it you know you start doing into that and then you have to start doing assumptions and then you have to start adding more things in there and her beautiful chart starts and going in all different directions all up but in different in different elevations so we wanted Sarah to be able to present this as a there's there's an amount of pain and there's a tolerance to pain people may want merger but how badly or how quickly and in some of the focus groups they've said hey I'm in the village I'd like a tax I'd like my taxes to be whatever the word anybody wants us to use but I'm okay with waiting and some have said no let's they've made comments not knowing any what these numbers would look like that's fair now you're starting to see these numbers and then the question would be where does the public feel about it after this is a great starting point this might be so this is a great starting point to educate the public as to where we're going to start from and then we can continue to educate the public as we learn what the levers are and then the predicted impacts of upcoming increases and to remember the fact that this is just a very moderately sized piece of the pie of all of the property taxes that we pay because like Pat said we pay school taxes too Andy forward three slides I just it's just the thing I want to and I Sarah I think you understand what I'm going to hear is the the thing I get concerned about is that we share when we share this with the public they've already seen it is that this number looks like a smaller increase it looks like if I wait 12 years I'm going to pay less taxes but it's because it's a smaller number it's not reflecting the the final number is the same in all cases right yeah the denominator is larger which is right the mechanics of the average 12 years yes look at this misread I think that numbers look like they're getting smaller the farther you go on time I know it's just because of the way the math was done in a chart that shows I sent you that too right forever excuse me I haven't finished my sentence if you you unless you want to allow an interruption no we don't I understand that if you put down every single year one, year two, year three, year four all the way out to year 12 it would be a grossly under you know you couldn't show the chart very easily I just worry that this is going to cause confusion saying that year 12 has a small number in it you know 12 years has a small number and 3 years has a big number and none of them are the final number right the final number is 1535 plus plus the change and I can pull that out and I would like to respond if you're okay with that we have to start with something and I think regardless of what I put up here it could be misinterpreted and you know I try to be as clear and concise about the assumptions going in and the math behind it as possible but also put it in a simple version so that we can grasp it and we can talk about it here this is my hope for our next steps and I think this is going to address some of those concerns and also make it so that next time we talk about this it's going to be Excel which is so much better than PowerPoint my hope for the next steps is there's another survey coming out and I believe that that survey is going to try to hone in on what time frame is tolerable and whether it's the results of that survey that we get that time frame information back from or this group decides what time frame is tolerable from there we can hone in on that specific one or two columns and get really granular and then also talk about the specific levers we can pull which are few I want to just run over them quickly and that's the last I have to say so grand list growth which we don't actually really control but grand list growth in absence of budget growth will minimize the impact budget growth in the absence of grand list growth will exacerbate the impact so any combination of those two depending on how they fall will be able to do this other variables are introduction of new revenue non-property tax revenue sources the one that comes to mind most frequently is the local option tax staff is not recommending pursuing that at this time or as part of the plan of merger but I do think that something to explore and discuss looking at the last three calendar years the Essex as a whole because it's not segregated out would have received approximately $1.3 million a year had we had the local option tax examining other non-tax revenues which have a very small impact or really look at the expense and the service side of things I know we don't want to cut services and I also know that there's a higher long term cost to current low taxes you know like when we look at deferred maintenance costs or we keep staffing to a bare minimum and then we get to a point where we can't tolerate it anymore and all of a sudden we need multiple people and it seems like a big jump but we've been holding it artificially low so that's challenging as well another thing that came to me as I was driving here this evening is that I know a few other towns do is a rental registry program where there are rental inspections and associated fees that help go to offices but all of these things are much bigger conversations and require us to hold it on one time frame so that they can be layered in and have a good meaningful conversation about them I'm done thank you thank you if I may just in regards to what you're looking for tonight again this was just a discussion, just the introduction of the decision tonight correct, no decisions, please so did the board members really have any other questions or comments on this? Sarah, thank you Irene, do you have a question? I appreciate Sarah mentioning I appreciate Dan bringing up separation and then Sarah saying that you began to crunch numbers do I understand that? I did a preliminary a few months ago and I would love if you would indeed cost that out I think the buzz is growing around separation considering that it's just about the same cost will only increase the interest in people finding out more about it and to Patrick's comment with all due respect I would never suggest separating the schools now that they have successfully merged and they have equal representation and things seem to be chugging along just fine with busing happening and all those things we could have a merge school district just like Westford is a separate town that's part of our merged school district I don't see any reason why the town outside the village could not be part of a merged school district just to clarify, if we did that though the tax rates would be different because Westford is under a different tax rate than Essex Town is so if Essex Town separated Essex Town and Essex Junction Junction would have one tax rate the town outside the village would have one tax rate Westford would continue to have one tax rate those are different things and who could calculate those for us probably that's probably something to send to Brian and Don it's good to know where to send folks thanks the great thing about finding out the separation cost just about the same as merging to me is that we're having trouble some of us getting representation at these meetings at the table people outside the village namely very shut out in general separation would yield the things that we don't seem to be seeing that merger will provide it would provide equitable representation for the town outside the village folks if they became the new town of Essex it would separation would provide appropriate access to the resources that the town outside the village folks are paying for and it would provide the local control that both the village and the town outside the village have been seeking for years and have not been able to get because we haven't unequal number of people on the select board and they seem to be elected at large making it for unequal representation anyway you slice it as for the police department question the police department could become regional and could provide services to towns like Westford and Jericho that have had so much trouble in recent years getting coverage from the state police that's adequate and as they add population I think it would be fabulous if our Essex PD could serve many different towns and we could all pay in like we pay into the regional planning commission so again I would caution us to not think inside the box this is a wonderful opportunity to think out of the box and in fact to leverage this survey that we're talking about sending out in October and to inform the public and educate them are you aware that separation costs about the same as merger and you would have the following advantages if separation happened how do you feel about it now finally just mentioned that we're in the process of educating the public what better time to educate the public with all of the options separation status quo merger that should provide the numbers behind them and the pros and cons from a neutral standpoint of all three of those options thank you it's important to me to say just one final thing I apologize I just want to be really clear it was a really rough preliminary how are we going to model these different things out that I was referencing that's fine I can go ahead and see next item is this is item 5C update from the governance subcommittee you want me to do it am I doing it? you are mad I'm happy to do it and I'm going to start off by saying Sarah you're right once we figured out a time frame for phasing a phase in which time period we want three years five years I wish we could have a purely mathematical answer to that question but unfortunately it's going to be a political answer and in the long run I think ultimately we're trying to gear this survey up to get to hone in and try to get some idea of what a preference would be 3, 5, 6, 10 12 year phase in but at some point it's just going to require a political leap of faith and it's going to be something that this board is going to have to decide we want to say as Raj has said rip the band-aid all of it once everybody gets the same tax increase or do you want to go to the extreme and say have a 12 year maybe I'm misreading that or a 12 year or somewhere in between that's one of the answers we're going to try to get one of the questions we're going to try to get a little bit more information about with this survey anyway so we met with Andy Annie I met with Max wasn't available with KSV and Dave Treston last week we went over he did a pretty good job drafting out a survey and we spent a good deal of time revising it going over some questions it's I don't think you have a draft the latest update of the draft because we were still a work in progress but we are going to be meeting with Dave again on Thursday and he's going to show us the finalized version of the survey that we have revised and the idea is if we can wrap it up on Thursday it would go out the following week and it would be out there and people would be available it would be available for people to take it for three to four weeks through the end of September and into October and what we decided was in order to give Dave more time he was going to come back to us come back to the government subcommittee with the results on the 17th tabulated results and we have a joint meeting scheduled for the following week so we kind of thought what's exactly the point of Dave coming to us with the results and then we're just going to come to you with the results several days later so why not have Dave come to the joint meeting and present the results to everybody because you're going to have you're just going to be awestruck and have all kinds of questions and wonderful thoughts about the results of the survey I think but there's going to be there's a little bit of an opportunity for some revision of the survey between now and Thursday and I don't know if any of you had some thoughts about that and you all be welcome I think to come and sit in the audience you can't participate on Thursday no they can't do that? of course they can do that you would be? I don't know what to say on the one hand we did discuss the idea of having everybody participate all ten of us participate in the questions but I think we also the two boards came to the decision that you would trust the government subcommittee with this task of creating this survey so that's what we've done and that's what we intend to continue to do and if all goes well we should get it out the door by Thursday night I want to maybe mention one or two things it's late and I'm sorry to keep you here one of the key things that we had we learned that special districts we started out thinking a long time ago when we first came into this idea of looking at merger that one way of addressing the tax differential between the village and the town and buffering a big tax increase that might happen for people in the town outside the village would be to create some special taxing districts and use the idea of a special taxing district to say for example each part of the community would have their own library and parks district and they would raise their own funds for library and parks we would have a special recreation district or special library district etc we've found Dan Richardson has really looked into this and realized that you really can't have a special a perpetual special taxing district for any reason other than to have a special taxing district the Vermont model is you can have a downtown a special taxing district for downtown improvements for programs activities infrastructure improvement and so forth in a downtown there's no model for having a recreation special permanent special recreation district or library district or something like that you can have a utilities district but the model that we had thought of probably isn't going to happen and not something probably not a model that we can offer in a merger proposal to the community so probably the only way we can buffer any tax increase any make up the differential between inside and outside the village is to build into the merger proposal a timeline for phasing in the increase that being said we probably still you might be able to use a special district model but you'd have to somehow designate the entire village of s-exjunction in its current configuration as a downtown I think that sounds like what what Dan is saying and how that would work and exactly how you would work it might be something we'd want to pursue but probably too complicated I think just to wrap it up the idea here is to try to give us a sense of what the community is going to tolerate in terms of a tax increase what they would like to see and hopefully that will give us some answers so that when we begin the really complex and critical task later in October and into November of really trying to put a merger proposal together we will be able to use that information to tell us what kind of phase and period we want to see and did I have some committee members, did I leave anything out? Can I just clarify because I feel like being on the record these days I need to clarify the ripped the banded off strictly referred to combining all services and nothing to do with taxation with merging REC everything would be merged I just want to make sure that I have no opinion yet on taxation on band-aids so George just to clarify when the government subcommittee started meeting last summer we went through 16 different models and we vetted all of them we talked to the attorney about all of them and then we came to the boards and said having vetted all these choices including looking at separation for a little while we are concluding that we should put two choices before the voters full merger and full merger with special taxing districts and those were the two models that the boards agreed yep you should keep looking at those those are the ones we're going with because we vetted them all and now we're taking off the table the special taxing district merger with special taxing districts I don't want to say I don't think you when we put that on we had a very different conception of what you could do with a special taxing district our understanding and what Dan Richardson has told us what we originally had in mind isn't going to be workable you could still have and I don't think you'd want to do it I don't know how to do it for the town but you could conceivably have it for the village to say it's a special it's a downtown district it's a special district so there's a tax rate that's community wide but then there's an additional tax just on people who live in the village to support some aspects or elements of it being a downtown but you'd really be kind of stretching the definition so I don't I don't think we normally necessarily have to take it off the table as of yet but it looks like it's going to come off the table but we can still have a little bit of a discussion about it if we want to guys the way I understand it is what George is saying basically to have separate taxing districts you need to have a different service level and you can do that with the downtown district because that district is going to need additional lighting or additional sidewalks or additional tree maintenance whatever it's going to be but Dan's advice was that it's really really hard to say that you're going to have a different service level of recreation for instance a different service level of library when everybody in the community has the same access to those programs and then what I was going to add to it is very similar to the school district when you have a community you have a tax rate you don't have different tax rates for the same community the state will allow you to do that as part of a merger plan more than likely for a period of time until they become one rate they are not going to let you have a perpetual separate rate that's not something they tend to do the other thing I mentioned at the thing through our thing so any merger goes through the state they review it in the government and ops committee and any time you put anything in your merger that then falls into the committee of someone else other than government ops they get purview of it they the advice is if you do that don't try to establish new law in the state stay within some boundaries of what they would expect and see know how to do it and because every time one of the examples was voting not so much like if you wanted to give other people voting rights that don't normally have them like if you were to put that in your charter that is something that is going to make the state uneasy and therefore be problematic so what they're trying to say is try to stay within the lines of what they would expect a merger and the law to look like I would say that the idea hopefully from the survey if we get a sense that folks that respondents in the town outside the village say I'm comfortable with phasing in the tax differential over five years if we get a sense that that's a majority feeling and then that having a unified tax rate for all the community we can achieve it that way it's not going to be an impediment to getting merger approved that generally people would approve the merger under that circumstance that's fine the town outside the village say look my perception is that people in the village are have they've got sidewalks they have extra service and I don't think we should ever be paying the same tax rate I think we shouldn't ever have to pay as much taxes as folks in the village do if we got a sense that that was the case then I think as an aside we would need to educate people that really all of our services are pretty much equal I don't think village services are available to people in the town if they want to come down here and use them we can put that aside but if that was the case if people in the town outside the village a lot of people said I really feel that I should never have to pay the same tax rate as folks in the village then we might want to go to the special tax district downtown thing and say okay let's drag this out and see if we if we think that sentiment, that feeling, that emotion in the town outside the village is strong enough and prominent enough and widely spread enough that it's going to be the reason to defeat the merger but otherwise merger would be acceptable then we can drag out the special district model and see if that might might help buffer some of that but that's kind of the that's the only scenario where I can think of if you want to look at something like that anyone else have any questions for the government subcommittee thank you thanks George we have a consent agenda would anybody like to make a motion on the select board to approve the consent agenda approve approval of the consent items with select board comments is there a second any further discussion it's just the minutes of August 27th all those in favor of approving the consent agenda please say aye aye opposed thank you trustees thank you Dan second thank you George any further discussion all those in favor please signify by saying aye everybody opposed thank you no worries any I just want to be interested any comments from board members about the reading file I just want to make sure that people do notice the memo Sarah especially as we're going to be getting into budget season hard to believe yep since there's no further business for the joint meeting I would entertain a motion from the select board to adjourn the joint meeting so moved can you see make one adjournment well so the select board still has business do you want us to adjourn you guys go right ahead to adjourn and we'll stick around thank you Dan any further discussion all those in favor please signify by saying aye anybody opposed have a good night select board thank you trustees enjoy laying all we have left on the select board meeting is the reading file so oh and there is something for all select board and trustees to sign in this yellow folder so you guys stay a little bit later just like a minute going to take it out there so you guys can do your thing I'll take this out there so we can Madam Chairwoman can I have a motion from a board member to reconvene the select board meeting so moved second second all in favor aye and the last item on our agenda was the reading file does anybody have any comments or questions regarding the reading file we do we have a special meeting for the purpose of discussing the firearms discharge ordinance has that been warned yet September 16th not officially no it will be do you know where it will be hopefully at the high school but I'm waiting for confirmation so that will be determined seven o'clock thanks for reminding us of that Andy any other questions or comments from the select board hearing none I'll take a motion to adjourn I'll make a motion to adjourn is there a second all in favor aye thank you thank you


Let's start. Okay, ten minutes. We'll do it very quickly. So my name is Jens. I work for Red Hat on Werder O. I would just want to give an update on what's happened since last FOSSTEM, what we've been working on. So we'll skip this. Everybody knows what Werder O is, right? And so last year I was here and I talked about the Werder O 1.1 specification and went into more specific of what we did for the new feature called packed word cues and other things. So that's... You can go and watch that. Now I want to talk about what we did for the Werder specification in the meantime and later in my talk I will go about some other things that happened in the Werder O space, some topics there. So Werder O 1.1, so Werder O is a specification for Werder O. It's a standardized under the OASIS umbrella and for Werder O version 1.1 we're focusing on performance improvements, but also on how we can make it easier for hardware vendors to implement Werder O in hardware and to make... So there's a few new features, feature bits for that. There's also other things changed in Werder O not related to hardware and we have some new Werder O devices that I will talk about. Lots of companies or vendors or people in the community contributed to Werder O and current specification that's under final review for 30 days, I think maybe a little less now. It's final review, so people can look at it now and then after this period it will be published. So what did we do for hardware support? Last year here I talked about packed word cues and how it's a simpler way of implementing word cues. We went from having two ring buffers and many other data structures in shared memory to one ring buffer. That makes it more cache friendly, but also more friendly for hardware implementations because they have only one place in memory where they have to go and look at if new descriptors are available, things like this. We introduced some feature bits. So one is for memory barriers basically. Hardware devices have different requirements for memory barriers than a software implemented device has. There's a feature bit for that. So if the device turns this on, that means the driver has to use different memory barriers. There's a feature bit for restricted memory access, so on some platforms it can be that the device cannot access all of memory for different reasons. There could be IMU, there could be some other address translation from bus addresses to physical addresses, something like that. So that would be a way that the device could say, hey, I'm on this, I'm restricted with respect to memory and then platform code would have to handle this kind of things. There's another feature bit for enabling specifications only for specific descriptors. So in our descriptor ring, let's say that I want a notification when the script or X becomes available. Only then a notification is sent basically. And then another thing is that we can attach additional data to notifications. So things like what's the latest available descriptor, latest used one, the case of packed word queues also, the rep counters, things like this. I talked a little bit in more detail about hardware, hardware accelerators and what we did there at Defcon, the slides are online and I think there will be a video as well soon. So if you're interested in that, then you can go and look at that. Another thing that we're working on is whether or not failover device. So this is basically for in the guest in a VM, you would have automatic failover for networking. So you have basically three devices, a failover device, a primary and a standby device and the failover device basically handles switching from one to another. So this primary device could be a pass route SRIOV device. So far you have a very fast data pass and then you have WERDER or NET as a standby device. And this is nice for a few things. One thing would be that you can do hypervisor controlled life migration. You basically unplug the fast SRIOV device and it automatically switches over to the WERDER or NET pass which is slower, but you can use the WERDER or life migration code, WERDER or life migration framework to migrate to a target system and they are available. You can plug another fast SRIOV card for fast networking. So the guest part of this is upstream. In QME we're still working on this. There's still some discussion about different approaches, how to involve management or not, a management layer or not, things like this and so still work in progress. We have some new WERDER or devices that were worked on during last year. We have WERDER or IRMU. We have WERDER or crypto which is basically so that you can make use of a crypto accelerator and a host and your guest. We have WERDER or VSOC. It's basically for guests to host communication via a socket. You basically open a socket with a new address family and you can use that to implement guest agents or services in the hypervisor, things like this. WERDER or GPU, we had this before I think, but now they have 3D support. They basically push down Graphics Day to QMU and that translates it to OpenGL and then passes it to the GPU. WERDER or MAMMAS device that's still being worked on, it's for memory hot black for the virtual machine and it's basically a unified approach to handle all of this in QMU, handle different page sizes, support numers, things like this. WERDER or balloon was there before, but it has a new feature for free page hinting so basically the guest can say, hey, it can report to the hypervisor, hey, these pages are free and one thing where this could be used is for faster live migration. There's WERDER or S that's still in progress. It's to share files or folders between guests and the hypervisor. And then I also heard someone talking about these working on, or they are working on WERDER audio, but there's no patches yet so we'll see if that ever shows up. WERDER hardware accelerator, so I talked about what we did for the specification. There's actually one device that supports this now from Intel. It was announced last year at OpenVswitch.com. It's an FPGA based card. It's very powerful once one of the things it can do is WERDER net offloading in hardware. And not only for the new WERDER 101 packed word queues that can support WERDER back to 0.95 I think. So yeah, there's also work going on on the software side. Intel has been doing a lot of work here. Basically they implemented a new framework that, so that you can make use of the hardware card with the existing virtualization stack. They have patches for QMU. They introduce a new MDEF in the kernel to have a generic device interface that will work not only with the Intel card, but also with other accelerator cards. And the basic idea of this framework is to decouple data pass and control pass so that you can have the data pass pass through to your VM and you have the control pass still going via QMU and via the VFIO interfaces. And so basically you have the advantage that you have a very fast data pass, pass through like performance, but you have features like live migration can work for this rather easily. There was a talk about VDPA at KVM forum last year that goes into much more detail than I can do now in my 10 minute slot. This is something I will not cover now and you can go and look at it. And coming to my summary, there's the new Verder 101 spec. The final review is only on for a few more days, so if you're interested in this then go and look at it now. If you don't have time now, we can always add features later. It has a lot of changes especially for hardware accelerators but for lots of other things that I didn't cover now. And what I think we will see in the future is more work on page hunting, more hardware implementation features and also I think that there will be work on VDPA for containers. At the end of my talk, I have a monthly meeting that we do on the phone, so there's mailing lists and everything of course, but if you're for example, if you work for a hardware vendor interested in implementing Verder on hardware on your specific questions, you can also join us in this monthly meeting that we have. The next one will be February 13. Just contact me and I will put you on the invitation list. I think that's it. Thank you.


Hey what up y'all it's your boy Johnny so we just moved the hour forward the flowers are blooming and it's getting warmer in New York City And so you're probably wondering how you can stay breezy and fly don't worry homie. I got you So today I'm gonna show you guys how you guys can dress for the spring slash summertime, but like all fashion dudes This is just a preference. You can wear whatever you want fashion subjective So the first tip I got for you guys is to start wearing distressing again Now distressing ain't as cool as it was in 2016 and last year But it is still pretty cool in 2018 So during the wintertime you're like nine trying to break out the distressed denim And that makes sense if you're in a city like me where you have to walk around everywhere You don't want you want cold legs But now everything above 60 degrees is pretty warm to a new yorker like me and that is when I'd wear distressed pieces All right guys, so the next tip I got for you to look fly this spring It's to rock white shoes, you know in the wintertime when it's snowing and raining and all that It really brings out the Of the city and you ain't trying to get your white shoes dirty man And because of that rock those white kicks plus it'll really liven up your outfit And we'll really give a bold statement to anyone feasting your eyes on your outfit So the third tip I got for you guys is to layer lightly So this is going to be for those days where it starts off really cold in the morning But turns out to be really warm in the afternoon So you guys know in the fall and winter whenever it gets cold You rock a hoodie under the flannels and the bombers and all that well spring and summer Replace those hoodies and throw on a tank It's going to give you a super casual look and it looks really cool because it has a deeper cut And if that's still too cold for you then you can rock a thin hoodie like me or just a thin sweatshirt So the reason I like layering over tanks is because you know if y'all saw my date outfits video You can throw that over piece on your big booty chica. You can show off your gains And I'm saying you can be a gentleman and that's it. You got it And so the fourth tip I got for you guys to look fly this spring is to wear pastel colors So pastel colors they just scream is spring time because you know in the fall and winter It's earth tone well in the spring. It's pastel just wearing more colors in general is great for the spring And because that's just spring everything's blossoming So you're gonna want to roll with the salmon the mint the baby blue the pastel purple All types of pastel colors is dope for the spring All right guys the fifth and final tip to look fly in the spring and summer is athleisure So spring and summer is the time when everyone's trying to get fit You know everyone's trying to go for runs lift some weights It's just the culture of spring and summer so with the warmer weather It's cool to wear the cutoff hoodies the tanks and the shorts all of that What's also cool about athleisure is that it's going to accentuate your physique You're gonna look fly and you're gonna stay cool. You're killing three birds one stone. You know I'm saying So go ahead and cop some merch from your favorite fitness youtubers or roll with athletic brands I highly recommend the athleisure look for spring and summer all right fellas I hope that helps you out. This is the spring and summertime you want to look fly you want to stay cool You want to show off the gains of ladies you know I'm saying So if you guys found this video helpful, be sure you let me know by hitting the like button Go leave your comments down below and what other types of videos you guys want to see Subscribe to the channel. Come on man. What are you doing? If you haven't followed me on instagram It is fly with johnny tie. I did change it and until then stay fly make these gains and I'm out


In many situations, a voter can cast multiple votes on the same measure. For example, in publicly-held companies, every share owned by a shareholder entitles them to one vote. In a faculty senate, a faculty member might have one vote for each position they hold in the college. Now, remember for this analysis we're assuming there are only two alternatives, yes and no. And in principle, a voter could cast simultaneous, yes and no votes. But only a mathematician would consider this a possibility, and so it's convenient to treat all votes a person can cast as a single weighted vote. We can describe a weighted voting system by identifying the quota, q, the number of votes necessary to pass a measure, and the weights, w1, w2, and so on, the weight of each voter. And we'll use the notation. So let's interpret the weighted voting system 10, 8, 7, 3, 1. So remember the first number gives us the quota, the total number of votes required to pass a measure, and so 10 total votes are needed to pass a measure, since there are four weights, there are four voters. We could call them voter 1, voter 2, voter 3, and voter 4, but we'll be creative and call them, in order, a, b, c, and d, okay maybe that's not that creative. But since the weights are 8, 7, 3, and 1, these are the number of votes cast by each of the four voters. And so the four voters, a, b, c, and d, will cast the following numbers of votes, a will cast 8, b cast 7, c cast 3, and d cast 1. For example, suppose that at a certain university there are five professors, Xavier, Moriarty, Octavius, Challenger, and Stein. Xavier is also the university president and a department chair, Moriarty is department chair. Approval requires a majority of the votes cast, and if each professor is entitled to one vote plus one more vote for each position they hold, describe the system. So Professor Xavier has one vote for being a faculty member, one vote for being a university president, and one vote for being department chair for a total of three votes, and so he has a weight of three. Professor Moriarty has one vote for being a faculty member, and one vote for being a department chair for a total of two votes, and so Professor Moriarty has a weight of two. And Professor Octavius, Challenger, and Stein don't have any additional positions, so they each have one vote. All together the faculty cast a total of eight votes, since approval requires a majority, and a majority is any amount more than 50%, half of these would be four, and so a majority would be more than four votes, so quota is five votes. And so we describe the system as, where the faculty are in the order Xavier, Moriarty, Octavius, Challenger, and Stein. In a weighted voting system some voters cast more votes than others. So common sense tells us the more votes someone cast, the more power they have. But mathematicians don't use common sense, we use math. And in fact the Banzai Findex was created to analyze power in weighted voting systems. So let's see how important the number of votes that you cast actually is. We'll take a look at that next.


What is up everybody welcome back to the channel you guys this is another huge huge reason why I I love Cartra, man It just makes everything easy dude It makes everything flow right because if it wasn't for this integration for this Feature within the system, then I'd have to use a third-party calendar, right? I'd have to use and and There's only so much that Gmail can do like the Google Calendar the free You know the free one or whatever because I know there's a paid version as well, right for businesses But the free one that that all of us have with our you know Gmail account or whatever I Use that forever I used to use that since you know since I started building my agency to schedule appointments But then what it doesn't have is it doesn't have a reminder. It doesn't send out an email confirmation, right? When the unless you actually know you can invite you can invite them You can invite them and then they can accept the invite and then and then it's on the calendar But there's no reminder, right? There's no reminder. I want a reminder an hour before I want an out of reminder a day before right? So when it comes to a little bit more features within a calendar Then that's when you have to go paid you have to come over here and get and what a lot of people do They'll come start on this free calendar Basic plan, but then after they start to grow a little bit then they have to start upgrading to these different Packages that's calendar. That's a super popular one another super popular one is the schedule once Schedule once is I think a little bit more. Yeah, a little bit more expensive 15 bucks a month 10 bucks a month or 15 a month Actually, this invite once I don't know what the heck that is But when I had this a couple years ago, this was what it was 15 bucks a month and the price You know has it hasn't changed, but if it wasn't for the integration within cartridge, I'd have to use Manually physically have to use the Gmail one the Google one or pick up one of those, you know One of those third parties, but I truly believe this part right here isn't even talked about enough this part The reason why the calendar is so important is because the calendar is what I put in my emails So as I set up email sequences now you could put the calendar now now let me let me rephrase this Because there's really two reasons what I do with two things that I do with it That's how I schedule my appointments for my clients with my clients right with prospects I should say with prospects and with clients everyone goes through my calendar So another huge reason is when I used to use Gmail It was just a simple invite, right? But I need that I need that lead in my CRM and that's what a calendar software allows you to do is the fact that I'm able to put I'm able to schedule that Appointment through the cartridge calendar or a Calendly calendar or a schedule once calendar But again, what makes it so powerful within cartridge is the fact that I Schedule that appointment through the system through my calendar, right and then that lead goes into its own specific list So then I can always email that list in the future I couldn't do that with Gmail or I couldn't do that with even schedule once or with Calendly I'd have to I'd have to I'd have to export that list Right, I'd have to put that list. I have to download into a CSV file or an Excel spreadsheet I'd have to download that list out of schedule once out of Calendly To put it into my email auto responder and that's all physical effort, right? I have to manually do that myself, right? I'd have to do that to upload it to an email auto responder to then Email them in the future if if if I wanted to segment it, right? And and that's what I do. So in my case, I'll use my cartridge calendar to schedule appointments with prospects And and and I have it all set up through my email or not through my email, but through my automations where When that person schedules, they're on a specific list, right? They're on a list.  So whenever people let's let's let's put let's I'll show you this inspired digital Whenever anyone and again, this is what I couldn't do with these other platforms Um, and I'm able to do it here because it's all in one. So people who read who who um, who freaking I schedule on this calendar, right on this calendar. They are then Put over here. Actually, you know what? I'll show you I'll show you my other calendar because that's actually a new calendar There's no data on that one. Let because I rarely take appointments on this calendar, but this calendar over here Let me so this one right here. Anyone who I schedule through this calendar, which is this one right here Okay, that's this calendar right here. Anyone who who I schedule on that calendar goes on to this list So again, I couldn't do this with the other ones That calendar leads people to Where's that list? um Where's the damn list They're either on a list or they're on A sequence. Let me see if they're just in a sequence.  I'm tripping you guys. I have so much going on right now. It is actually Um, I'm so freaking tripping. It's this one right here. You guys my bad So this one right here So as I started integrating this right because forever I use gmail forever I use just the gmail one now I use I use the cartoon for everything Okay, so those appointments that are scheduled on this calendar those people go on to this specific list. Okay um now When they become a client They go on to a different list, which would be this list down here So so I have it set up through my automations, which is up here. So I go to communications. I click over automations Okay, I have it set up through my automations That when they schedule on that calendar They're on that list But when I subscribe them to a different list Unsubscribe them from the the calendar list. Okay. So for example When they subscribe to this list Right, they subscribe to this list. I unsubscribe them from that list That alone you guys right there is a game changer, man I don't give a I don't I don't care like that right there was worth the admission That was worth the cost of admission for today's video Like that right there is what I couldn't have done with with anything else But but at the same time I want to be able to automate that right So it's automated and I want to be able to segment that because because those who do not opt into this list clients And those who remain on this list. Okay, so let's go back Those who remain on scheduled appointments I want to be able to email them in the future like I want to be able to email I want to stay in touch right? I want to be able to freaking communicate and and and whether it's different videos that I'm doing or or Strategy calls that I got going on or webinars that I have that I'm hosting whatever dude podcast whatever Like I can communicate with that list and know that they're not a client yet Know that they didn't buy my book yet. No that they didn't Get into my training course yet because they're still on that list Right, and those are people that I scheduled just random appointments whether there were strategy calls But again, I know what call that is T. S. R. E. A. Right. That's my scheduled strategy calls, right? So I want to be able to put those people on a list man So that's why the cartridge calendar is so powerful In many ways than just one and what i'm going to do is Because on my phone. Here's what I do on my phone I go off of as far as just like like keeping me on track I go off of my my uh my google right there's my my gmail calendar, right there We all have that that that gmail That google calendar, right? That's what you should have because what makes it so powerful is that that's on my phone, right? That's my app because cartridge doesn't have a calendar app, right? They don't have Um They don't even have an app you'd have to go on on just log on to their website, you know on your phone But there's a few pages that I'm able to save like it is mobile friendly for sure So you can for sure log in from your phone. Um, they just don't have an actual app, right? And on your mobile you could freaking access the back end of cartridge and it's free it looks amazing um, but my point is is that Um, um, um, um over here. Let me show you this part I don't think I have a sequence setup because again those people that scheduled an appointment with me I can easily easily easily That's what I was going to show you I can easily um put on a sequence And stay in touch with them there, which I don't have a sequence that I don't have a sequence for that one but I have a list but um But what I was saying is though is that on my phone is when I is is is is my google app, okay Now all my appointments that i'm scheduling through my google. I mean through my cartridge calendar I simply integrate with my google one, okay So that way when anyone comes and register and and it sets an appointment anyone comes to my calendar They schedule an appointment. They book this time right here I'll get an email notification for sure And then automatically that appointment will go on to my google calendar So now I have it on my cartridge calendar, which is right over here. So if I come to calendars, I can go to agenda And I can look at the agenda for today. I can look at the agenda for the next few days I can see where appointments are scheduled today So look today's the second. I actually have these four appointments coming up. Um, but And this is how it's all being done man. This is how I'm showing you freaking hardcore rule appointments right now like This is so so so right when someone schedules that call Right, they schedule their call. They schedule that appointment. Whatever whatever you want to call it. They schedule it They hit the blue button It's on my agenda over here Okay, and then it's also on my google calendar. So what I do while I'm working I have my google calendar up Because this is where I get the notification with the cartridge one I'm not going to get a notification inside of my system right here. A notification won't come up In fact, the notification isn't Sent to me just yet. I don't I don't think I don't think that notification is available yet. I know that's what they're working on I don't know if that part's out yet Um Mainly because I don't even I don't even track it that way at all. It's my google calendar So on my phone I'll get the google notification because that appointment debora It's also over here on my google So that all happened seamlessly into because I integrated it. So here's what I'm gonna show you Let me show you how to integrate this damn thing. So just flows like this and and and again You can just send everybody to your cartridge calendar and then and then you can use your gmail You can use your gmail To receive the notification. Okay, that's what I do That's just what I do on my cell phone the gmail notification the google calendar notification on my computer when I have the tab up It's the gmail Google notification. Okay, but the the appointment goes through here and when someone schedules Look, here's here's another reason why this is so important, man Here's another reason why this is this right here. I would think is the most important Okay, when someone comes over here and schedules an appointment Okay They come over here They schedule an appointment this right here. You guys i'm gonna i'm giving you another golden nugget. This again is It was worth the cost of admission today to watch today's video This right here. This is the golden goose right here. This is the most important Should I actually know they all both of them both of them you guys both of them are the freaking most important When I click submit And I go over To a confirmation page That page needs to be tracked which you can tell over here from my facebook pixel helper it is You have to be able to track this through your facebook pixel Okay, that needs to be a custom audience That facebook pixel needs to be there um and Yeah, that's what you have to do like that's what you absolutely have to do i'll make another video on that but This right here is the most important you guys because I want to also build a An audience. I want to build a group. I want to leverage facebook and let facebook start categorizing these people Start categorizing all the people who landed on this page How powerful is that and how effective is that and how mandatory is that For us to do this so when I go run my next facebook ad to get people to schedule appointments Those people won't see it That right there you guys if you're not thinking like of that you You ain't doing it. You ain't doing it.  This is the day in the life of the reality of what I of what I'm experiencing even right now. I literally Just invested more money than I've ever invested ever before in my life on my training right facebook ads Courses how to refine my course how to how to scale it to the moon I literally Invested in the best of the best as far as training and mentorship, right? That's what I'm literally going through right now march of 2020 right so the making of this video That's that's what I'm what I what I got going on and I'm freaking fired up about it But even even even even even the best of the best Miss this part because I already invested I've already Purchased but yet I keep seeing that person's video That's what's crazy That's why this is so important because Had he Which I know for sure he had has to if I don't know what the heck's going on over there I don't know why I keep seeing his ads after I invested and purchased, you know two weeks ago, you know But I shouldn't be seeing those ads like I shouldn't be seeing those ads. I've already purchased. I've already scheduled a call Right. I've already scheduled a call. I've already purchased Why am I still seeing your ads that that's happened twice to two of my mentors man two of my mentors two people that I've actually invested in Actually three three three three three three three three three three three three three three Mentors that I've actually invested in when it came to facebook ads instagram ads course creating Whatever right actually all that and that's that's it but These three mentors that I've invested in in the past. Let's just call it year After I've already purchased I kept seeing their ad I'm like dude What do you mean like how how are you guys not? Categorizing me like how are you not putting me in a custom audience of people who already purchased or people who've already scheduled an appointment with you Why am I still seeing your appointments? Ads right so that right there you guys is super super important man I cannot stress that enough you do not want to keep running ads to people who've already purchased or scheduled That's why this right here is a game changer. That's why this calendar is a game changer because I couldn't have done this with gmail with schedule once and Calendly that's what you're paying for you're paying for that confirmation page So when they go and schedule, so you'll get the you'll get the basic Scheduling for free, but that that's just like using a gmail pretty much. I mean, yeah, the free calendar sends out a notification But that's about it. There's no tracking really. There's no facebook pixeling There's no there's no confirmation page where I can add my facebook pixel to it unless I unless I bump up To the next package unless I start paying eight bucks a month or 12 bucks a month Right, then then I get a little bit more bells and whistles I'll get a few more pages which that's the confirmation page that I need to put my pixel on Right, like that's that's the whole point of it all like this confirmation page So this is a simple cartridge page you guys That's a simple cartridge page and and so that's how I'm able to segment everything So here's what I'm going to show you how to do real quick and then I'll end it here All I'm going to do is I'm going to come in to the left and I'm going to click on my integrations So to make this flow and to and to allow people to to schedule my cartridge calendar But I also want to be able to track it on my gmail on my google calendar Here's all you're going to do you're going to come in in here click on my integrations to the left And you're going to click on these three dots Okay, and all you're going to do is click on create integration And then you're going to connect to to google so we click on that And then I'll choose this top one right here Okay, so grant cartridge permission. Let's go ahead and allow our view and edit events on your calendars perfect So I'll allow Let's see edit share. I'll allow grant cartridge permission Okay, you're you are allowing cartridge to view and edit okay confirm confirm confirm allow Connection successful. Okay, so now Here's what we're going to do bam. So they're right there. There's the actual Integration so now here's what I can do So let's open up this technical see if we need anything in here and this this right here walks you through it you guys So integrating your cartridge calendar We'll keep you both perfectly in sync instantly duplicate all scheduled appointments from your cartridge calendar into your google calendar Block out your cartridge calendar Any appointment date time you might reserve in your google calendar. So that's that's how that works you guys So if I just go and schedule on google On my google calendar, it'll also reflect and and block that time out on my cartridge calendar So in in vice versa creating integration. So we did that we did that New integration so we connected google we allowed And we now now this part right here So now we're going to go into my calendars. So this I'm telling you guys this is cartridge for you, man Not only do you have this simple step-by-step instructions? But we also have live training every Tuesday and Thursday at 4 p.m. Eastern Where cartridge support gets on screen share and literally walks you through a q&a So you're able to type in your question. Hey man, I'm having trouble with my email automation Hey, man, I'm having trouble adding the image to my landing page It's live q&a and there's there's two support reps Super super smart people Going through it and answering your question And and and and and on top of all that we have a facebook group with over 16,000 members All people Like just like you and I trying to build a business on social media and capture leads bottom line So the support is ridiculous you guys, but here's let's let's finish it right here Now that the connection between your cartridge account and google account is established We need to define which of your cartridge calendars should link to which of your google calendars Okay, so now we're going to come into my calendars.  So whenever I share that link. So look This right here I can get link This is The link you guys that I put in my emails. So whether i'm scheduling appointments with new prospects or or clients right It's all going through my cartridge calendar Or if If a person is simply on my on one of my email list if they opted in to learn facebook ads Or they they opted in to learn more about my how I build my agency Or if they're a real estate agent and they're opted in to to want to you know, download my book whatever They're on these different lists, right? And in and in these lists in these email lists and email sequences that I have going out automatically I have links to my calendar So that that's a huge another huge huge thing that I don't think it's talked about a lot is the fact that your Appointments could be coming through your email sequences through your email automation all these emails that you have going out on a daily basis Need to have links to your calendar. So I'll simply Set up an email and I'll put this link I'll say hey jason and by the way click the link below It'll take you straight to my calendar where you could schedule your best time. I can't wait to speak to you Right. So it's like this calendar you guys I'm able to leverage in so many ways all because I can I can put that link pretty much anywhere anywhere and everywhere, right? So I can always customize that link. I can choose my domain right here Which is this domain right here and I can I can name that whatever I want, right? But I'll leave it. I'll just leave it like that for now.  So let's hit edit I can name that calendar whatever I want right there But here's where I'm going to connect the integration. I'm going to finalize it. So I come in here And then I could put a logo. So there goes my logo, right? I can always change this and put put my logo It tells you the dimensions as well So you can just grab the dimensions to 50 by 50 Go into Canva and simply put together something super simple like come over here Like you can come over here and just simply get it customized Canva and come into right here custom dimensions And just type in 250 By 50 Create new design and boom, that'll be that'll be the size right there and you could put that logo Right there create something upload an image whatever you can upload right here, right? I could take this whatever I could put that down right there Whatever and then So that's that's the logo. I'll just hit save And then the custom marquee I can change that as well. So down here. I could put a different image It gives me the the dimensions right there, right? So I'll just use that one for now Or I don't have to display display one at all I can I can name this anything right? That's the welcome to my calendar. I can name that whatever I'll hit save And then the time zone let the user choose their time zone and then in here the schedule So I can title all this I can choose the hours. I can choose whichever days months whatever I can even charge for the for the call. So there's so much that I can do in here I can choose the form On what the what form they're filling out We'll just hit save and next and then email confirmations and reminders this right here you guys Yes, communicate with your users. We hit save and then this booking confirmation. That's what I'm saying man That's what this is. That's why this is so you know powerful as a fact that I want I couldn't do this with gmail So again, I use calendar leaf for a little bit. I use schedule once for a little bit, but I didn't want to pay Like I was using those before before kartra Right, but I didn't want to pay.  I got to pay for click funnels Now I got to pay for this calendar now. I got to pay for this now. I got to pay for that. I'm like shit Until I found kartra, you know last year or whatever and I'm like dang do this is all in one this is powerful and so um Because again because of this because of this feature this booking confirmation when they go book I couldn't do that with with gmail all I can do is send an invite They accept the invite and that's it, you know, like I want to be able to to actually send something an actual email Like here's a confirmation like I can put whatever I want.  Yes, let them cancel if needed session approval customer support And then it's right here you guys automations sync with your google calendar. We're going to change. We're going to put yes sync And we're going to choose calendar integration that one right there you guys bam There's our calendar integration Calendar is going to be that calendar. That's my gmail and then I hit save And we are good so subscribe to list. So that's the thing man When they go and subscribe I can subscribe to any list And that's what's so powerful. I can always broadcast and send a random email to that list in the future Again, I could put that list onto an email auto responder, which is my sequence So I can have a sequence of emails going out and and whenever they do, you know become a client They automatically unsubscribe from that list. So I'm able to segment all this stuff you guys Which is super powerful, man. You got to be on top of your business Don't be sending emails to the wrong people.  So that's that you guys Hopefully that made sense again. There's there's that instructions Through here. So yes, we did that and that was it you guys we connected that we finalized it through through my calendar and That's that you guys so step your game up in 2020. There's links in the in the description you guys profit with cartra dot online There's a 14-day trial You'll be able to come in here and set all the stuff up You'll be able to join our facebook group.  You're trying to get people to schedule appointments online You're trying to get people to buy stuff online This is an all-in-one software. So I highly encourage you man. Check it out profit with cartra dot online jump on our live q&a And um, see if it's something that can really help you in 2020. All right guys. I'll see you in the next video


How Banks Work? Part 8 – Sales and Trading In previous episodes in our mini-series on How Banks Work, we have discussed the role a bank plays in debt and equity issuance facilitation. In this episode, we are looking at the essential role that major investment banks play in creating and sustaining well-functioning markets. Simply, the role of sales and trading teams is to provide institutional investors with the very best trading ideas, strategies, pricing and execution. Firstly, sales people act as an important intermediary between clients and trader. Their role is to generate new client business and deepen relationship with the existing clients by offering excellent levels of service and delivery. Far from being a simple sales role, sales people on the desk need to know both their clients and their bank's trading products intimately and be able to come up with new trading ideas and strategies for clients. Traders fulfill essential market making, liquidity and execution functions to ensure that financial markets work smoothly and efficiently. A large investment bank will structure its sales and trading operations into major asset classes. Fixed income, equities, commodities and currencies. Depending on the size and specialism of the global markets division, specialized sales and trading teams will support various regions and strategies. In addition to asset classes, there are different types of traders. Flow, agency, quantitative and proprietary. A flow trader is the most common type of trader in an investment bank. The role of a flow trader is to provide a market with liquidity and depth, whilst also making a market for a particular security, providing a client with a bid and offer alongside an order volume. Flow traders make money off the spread between bid and offer. The tighter the spread, the more chance of winning business, however a tight spread is less profitable for the trader and the bank. Agency traders, also known as sales traders, execute trades on behalf of their clients. They're not market makers and they often operate in highly liquid markets, for example major currency markets, where there is no need for a market maker. Quantitative or algorithmic traders provide automated rules-based trading strategies sold to clients who want to benefit from a low-fee structured trading product. And finally proprietary trading involves banks using their own account to make certain types of speculative investments. In the wake of the 2008 global financial crisis, the Volcker rule restricted certain trading activities which would cause a conflict of interest with bank clients all present a material risk to wider banking operations. Now it's important to note that banks are still allowed to hold securities as part of their essential market making activities. Banks also hold significant liquidity asset buffers made up of various high quality securities. Therefore the line between flow trading and proprietary trading remains blurred.