Live from the Wynn Hotel in Las Vegas. It's theCUBE, covering Magento Imagine 2018. Brought to you by Magento. Hello everyone, welcome back. We are here broadcasting here at the Wynn in Las Vegas for Magento event here from theCUBE. Exclusive coverage 2018, I'm here with John Stockton. He's the Vice President of Product Management, Magento. Talking about the new product news, really modernizing the e-commerce stack, enabling digital growth, and great to have you. Thanks for coming on. Great, thanks for being here. So, you guys have a digital experience culture here at the company, but one of the things that's interesting is the modern stack of e-commerce needs an upgrade, it's been tough enough for years. You guys are doing that. You've got thousands and thousands of customers and partners, get the product news here. Let's dig into the news. What do you guys have? What are you refreshing? What do you bring into the table? Well, it's a really exciting time here to be at Magento and we are announcing a number of big initiatives here at the conference. The first is around our superior shopping experience goal. Our goal is to continue to support an evolving consumer culture where more and more people are doing things on mobile devices, more and more people are doing things in store. We've been working very closely with Google on their progressive web apps initiative and we'll be announcing here our PWA developer studio is going to be an early adopter program and generally available at the end of the year. And that's going to enable Magento merchants and our partners in our ecosystem to be able to create really cool progressive web apps. Progressive web apps are going to revolutionize the way we experience digital commerce on mobile devices. They're much more performant, much faster. They're going to be the way of the future and I don't think any merchant in the world can afford to ignore them. Our PWA Dev Studio is going to make it easy for merchants to create those apps and that's really exciting. That's the first big news. Let's dig into that. I know you've got two more I want to get to but this is kind of important. We've been hearing about mobile first for years. Certainly Google has put the sprues on search results. Absolutely. Response time on mobile. What's the impact of customers on this news? What does it give them? Yeah, for a lot of our customers, more than 50% of their transactions today are coming from mobile so it's just a trend that they can't ignore at all. What happens when you take a native app on mobile today is you might be able to do a good work with responsive design but the performance expectations that consumers have for a page loading instantaneously, for no delays in scrolling around, for checkout. Increasingly, things like Apple Pay and Google Pay, the ability to just do a facial recognition and actually check out and pay for something on a phone. That's what consumers are going to expect in the future and PWA is really the only way you're going to be able to meet those. And that makes them take a web response design and make it feel like a native app. Yes. Very high performance and very high integration with the actual phone. All right, so the next announcement is what? The next big thing is on our omni-channel initiative, we want to enable our merchants to be able to sell effectively in any channel. And the big news there is we are going to be releasing a Amazon sales channels module for Magento Commerce that enables the Magento merchant to push their catalog out to the Amazon marketplace, do things like dynamic and competitive pricing and then track all that transaction data as their products are sold on Amazon. So for directly within Magento, they can manage both channels and see all their results in all in one place. So this is kind of interesting, Amazon. Obviously, as Amazon, we know what's going on with those guys. So what's the improvement?  What's the innovation? Where's the new updates? You mentioned pricing, is it a relationship with Amazon? Is it the code native? What's going on? The innovation is in the data integration of getting your product catalog into Amazon, which is going to be easier than ever before. You're going to have visibility into performance within Amazon directly from Magento. And then all that transaction data is going to come back to Magento. So when you're using Magento Commerce or our business intelligence tools, you're going to have a single source of truth for how you're performing across both channels. And plus massive sales opportunity for growth. Just on a sales perspective. Amazon's the big gorilla. Okay, third announcement? The third announcement is in our business intelligence planks.  So MBI is a full stack business intelligence data warehouse solution that tracks all your data from all Magento products, commerce, order management and rolls it up into great dashboards, visualization tools, allows you to integrate it with Google Analytics and other data sources. So we're collecting rich data on consumers behavior across both your physical stores with our order management solution and your online properties with Magento Commerce and giving you a really unbeatable combination of data points on your consumers. It's going to really unlock a lot of potential value. So this brings more wrangling to the table, less complexity, offline online kind of perspective. Yeah, a lot less complexity. It is an out of the box BI solution. It's an out of the box data warehouse that integrates the core data that you want. We have a pro addition that allows you to integrate your other data. So you can integrate CRM data or other things. It's a great way to get a single source of truth reporting solution for all of your commerce types of points. And that's all customers, no charge. Yeah, the essentials addition is now included no charge and there is a pro addition that is a premium product. So product, you run the product management which you got to keep your eye on the prize. You got to look at the engineering and then look at the customers and you got to kind of make decisions. So as you look at the growth of commerce just in general online, there's no denying that going to a whole nother level. Yep. How do you guys prioritize? Because I mean there's like so many things you could work on. Yeah, it is. What are some of the guiding principles? How do you guys make these decisions? What's the internal DNA like? Share some inside baseball. Yeah, sure. You know, our philosophy is the three pillars I mentioned superior shopping experiences, omnichannel and business intelligence. Those are areas that we know are durable areas of investment that are going to provide value to market. The fourth one is our open ecosystem and that's really unique to Magento. So we partner with over 1,100 partners. We have an open source platform that a community contributes to and we're doing a lot to get a lot more leverage out of that and that allows us to innovate a lot faster. So for example, the day the Amazon patent expired we had a community partner submit a one click order feature into the code base. We ran it through a quality assurance product and I believe we were the first to market with one click order. So what happens is even beyond the core organic development that the internal R&D team is doing we have so much innovation going on that's customer driven, partner driven and that gives us a very rich opportunity to go into areas that even where we are following our partners or our community we're able to incorporate things into the product as the market demands them. I think that's a unique and compelling thing that's different I think about you guys that I like is, you know, the old model was we got to own everything, every little feature and you know, you look at startups out there oh that's really a feature not a startup it's an old joke it's Silicon Valley but the reality is that you have partners that have business so they can build a really hyper focused feature bring it to the table you incorporate it in through your ecosystem. That's right. That's what you're referring to, right? Yeah, absolutely and you know being I think the business model around closed platforms is fundamentally flawed in that regard because the vendor can never keep up with the rate of innovation especially in a space like e-commerce where things are happening so fast it would be impossible for anyone vendor to stay on top of it all. So your strategy, stay to your core pillars. Let the ecosystem innovate, you got the open source which is a playground for more innovation, creative ideation and then you have a pipeline in through the product team for QA quality assurance kind of thing going on there. Absolutely, absolutely. And then ship it out to all your customers. That's right. You know what, market plays through. Well we do, we have a variety of ways to get out so our partners can get extensions out to the market through our marketplace which is the best place to get Magento extensions. We're also doing a core bundled extension program so we will be announcing tomorrow that we have three new core bundled extension partners. We're partnering with Vertex for Tax, Klarna for deferred payments and Amazon Pay as a payment method. And so those are integrations that those vendors have done to Magento that we have certified and blessed as the highest quality and merchants who deploy Magento 224, which will include those bundled extensions can turn them on with a flip of the switch. So we're doing a lot more innovation to make those solutions available to customers. I mean it's innovative because you have some things that might not be in the product road, resources is always the contention for resources. But when you got partners to innovate, I just saw a folks I was talking about at lunch break walking around, you got a coin crypto solution here. Hey, we can do 400 tokens. I don't even know, there's like thousands of tokens but if someone wants to do, say, crypto currency, a partner steps up, that's enabled, that's an option. So if someone says, hey, I want to take Bitcoin, you can fit that in. Yes, absolutely. We also give us great advantage on our global reach as well because we can work with partners who want to localize us and take us into markets where we don't have a direct presence today. But the open platform, the fact that we're so partner friendly and ecosystem friendly, makes it possible for other people to build businesses and take us into places. We were talking before we came on camera about your previous experience, you've been in the industry for a while, you've seen some waves, we know, we're old enough to see some of those e-commerce, and again, e-commerce is 25 years old. And it's always been kind of a monolithic, one directional, it pushed to an end point. Yeah, you got JSON now end points, but the demand is for rich experience, consumer to consumer potentially, peer to peer action, all the stuff's going on. What attracted you to these guys for your job? And what do you look at in terms of big waves that you want our guys ride on? Yeah, what attracted me to Magento is my first opportunity to be at an open source platform company, and so the excitement all around here at this event is really validating that this is a fun place to be, this is a great approach to market. I think it's a much more interesting way to build products than the old school ways are. So I'm really excited about that. And to your point about evolving needs, both the omnichannel need, and then also we've been doing a lot of B2B scenarios, so we have customers using Magento in very innovative ways that again, are outside the box of what we intended when we first built the product. So we have a customer, we have partners here who are doing marketplace solutions right now where our customers are hosting marketplaces where their consumers are selling products to each other, which is a really cool use case. We have always had customers using us in B2B contexts, even though we didn't have the native B2B functionality built in. In 2.2, which just came out last year, we made a big investment to beef up some B2B capabilities in the product, and we'll be making more investments in those in the coming years as well, so. Everything flows in from the B2C because mobile's expected there, now you're seeing mobile first, cloud first, for B2B, and they're kind of upping their game. You got to update, everything's online now. And a lot of, if not all of our B2C customers have some B2B dimension to their business, right? So it makes sense for their digital platform to serve not only their direct consumer fronts, but all their commerce initiatives. What's the big thing that you see out there for the B2B customers, because I see B2B really moving faster now than ever before, because they used to have the old websites. And now they're putting rich media on there, they want to do some, you know, soft versus service, everything's moving digital on B2B. Is it awakening? Is it waking up and smelling the coffee? What's going on? I think it is.  The market is moving that way very fast. There's a lot of potential to create better experiences for your customer that way. And there's a lot of opportunity to get more efficiency out of your processes by bringing them to the digital platform. And then obviously open sourcing, the role of the community is super important. Talk about the labs, Magento Labs, how does that fit into all this? We saw some folks up there getting awards on Kino today. What's this labs thing about? Yeah, so we have a program with our Magento masters where we recognize people for contributions to the community. And so we gave out awards yesterday morning for the top contributors. We had in the 2.2.4 release that's coming out tomorrow, we had over 200 community contributions. People were submitting enhancements to the product, fixes, improvements, security improvements, performance improvements. So the amount of contribution to the community is still really, from the community, is still really, really valuable and we really recognize and reward and support that. Real competitive advantage. So I got to ask you the data question. Role of data is so valuable. You're seeing data, whether it's IoT devices being potentially in retail outlets. I mean, wearables is an IoT device. You know, Alphabet can be considered a wearable, some degree, it's a device. But data moving around, having data integrate is a huge issue. How is that impacting? Your business, obviously you can imagine, pretty significantly impacting both market intelligence, real-time bidding, real-time user experiences.  That's absolutely right, yeah. What's your view on that? Yeah, so data is going to be the next big revolution, I think, as digital commerce spreads across all channels. Consumers are going to expect you know who they are when you walk in the store, you remember the past transactions and interactions you had with them. You're personalizing your outreach and experience for them. And so data is key to all of that. So right now we're in a foundation building phase where we're getting all that data into Magento Business Intelligence. We're building a data lake. We recognize for our customers that connecting all that data together and rationalizing it all is a challenge. And we think we can do a lot to solve that challenge for them through our business intelligence tools. John, great to have you on theCUBE and sharing the insights. Final question for you is what's one or two things that someone might not know about Magento that they should know about? The approach, the products, how you guys build technology, happy customers. What's the one, two things that they should know about that they may not know about? I think people know Magento as an open source platform and open source brand. They may not know that we are having a lot of success up market right now. We are increasingly getting pulled into enterprise businesses and running very large scale businesses for people. They may not know us as a B2B solution provider. They may think of us as a B2C only solution provider. So we're doing a lot in B2B right now. And they may not know how much we've invested in the people at Magento. In the Austin office where I work, we've more than doubled in size in the last year. So we are growing like crazy. We're bringing a lot of talent to the company. And it's a great- Yeah, I get a great ecosystem. And what's the reason why you guys are being successful? Speed, performance, flexibility, all the above. What's the key thing? All the above. I think we get a lot of pull from the market. The Magento brand is still very solid. There's a lot of people out on open source who are looking to upgrade and move up and that creates a great pipeline for us. You know, I think the competitive landscape is got options on the lower end and options on the higher end that are a little bit old school. And I think we have an advantage in the innovation and thinking of bringing the market that's going to serve us well in the future. And the pressure to go digital, all that's 100% is really on everyone's shoulders that these days. Everything's digital. Yeah. John Stein, the Vice President of Product Management at Magento. We're here at Imagine 2018 in Vegas. The Cube's exclusive coverage. Get back with more coverage after this short break.


Welcome, everyone. Thank you so much for joining us. My name is Jessica Colligan, and it's my pleasure to welcome you on behalf of Fairfield's Alumni Relations Office. With me as always in these virtual spirituality events is Father Jerry Bloschek, who is our alumni chaplain and special assistant to the president. And he and I are both so thrilled to welcome our special guest this evening, Father Joseph O'Keeffe. Father O'Keeffe is the provincial of the USA East province of the Society of Jesus. And we'll go into good detail about what that role entails, but he is largely responsible for the formation and the well-being of the priests and the brothers in his province. So I know you're all so excited to hear from him and I don't wanna delay that any longer. So I'll just go quickly over a couple of housekeeping items and then we will get started. First, I ask that you please keep your microphones muted throughout the conversation, just to make sure that you are not providing any background noise or distracting. And second, I recommend that you use speaker view rather than gallery view in Zoom, just to keep the focus of your screen on our speakers. And finally, if you have any questions that come up during the discussion, we encourage you to submit them using the chat feature in Zoom. And if time permits at the end, we'll do our best to get to some of them as we are able. And now I will turn things over to Father Jerry to get us started. Thank you so much, Jess. And thank you, Father Joseph O'Keeffe for being so gracious as he'll explain in a minute. He's been busy all day. He's been listening to people and paying attention to people and that we would prevail on him to give us his free evening to be able to speak with us. Well, it bespeaks his kindness and his generosity with his time. Every year, a Jesuit provincial visits the local communities of his province. And that visitation of the province is not surveillance, it's to do what Father O'Keeffe, I think, arguably does best and most importantly, what we Jesuits call spiritual governance. That means as he has to plan with the Jesuits in our province, which extends from Maine, Georgia, and includes 578 Jesuits. Father O'Keeffe may say more about the works we do, but Father O'Keeffe, in the institutions, which I should say do include 11 colleges or universities, 22 high schools, eight middle schools, 19 parishes, and four retreat centers. He may give us more details about those. So Father O'Keeffe both visits the institutions and our colleagues and friends and associates who are keeping those institutions active and creative and fruitful. He will always visit the local bishop, but his key and most important challenge and responsibility is to speak to the likes of me and other Jesuits, to encourage us in our own vocations, to encourage us in the quality of our religious and community lives, and to know us individually and to invite us into the sort of conversations that allow him to be a good superior and plan with our associates and with the bishops. And with the Father General, we'll have a lot to say about that in the course of our time, of how centralized we are. Parenthetically, we did not elect this man. Not that we wouldn't. I think we wouldn't if we had a referendum now, we'd say stay on Joe, but it's the general of the society who appoints the provincial, the regional superior, the society is divided up into provinces. Maybe, Joe, a way to have people understand what you do when you visit us is to say, what did you do today? Okay, sure. So I think the most privileged and the best sense of the word thing I do is to really listen to my brothers and to understand their joys and their challenges, their ministries, what they're thinking about in their current life, what is they look ahead, what they foresee, what are they, and hearing from their superior, what do they seem to be really good at? What are they not as good at? And that then becomes, so knowing the men, and now I'm in my fourth year, right? So this is the fourth meeting. Now, I knew a number of these men beforehand, but to know them in this new way, and a number I didn't know. So when I think about, here are the needs that we have in the province, and here are the men, where's the match of what's happening inside the man and his prayer and where he finds life, and how can that fit the needs that we have? And so my conversations, yeah, pastoral, in many ways, I'm the pastor for Jesuits in the province, but also it's mission-focused, and it helps me determine allocation of human resources in the best possible way. So you saw some Jesuits today, and then I think you visited Bishop Cagiano, correct? That was yesterday, yep. Well, that was yesterday. All right, so that is something that a provincial will always do, right? Absolutely, and President Nemeck, and today the Board Chair, so I always visit with Board Chairs, that was by Zoom. Okay. Board Chair, President, well, the presidents also are what we call directors of the work, because they're directors of a Jesuit work. So meeting with Christian Cashman and meeting with Mark Nemeck. And again, it's meeting with them each time I come and getting a sense of their perspective, not only on the individual Jesuits who are working here, but also on the Jesuit identity, that they are responsible to flurry, to maintain and to grow. And it's a very important point that the provincial speaks to our two lay presidents and asks them, what are you and what are your institutions doing to make sure that these institutions founded and sponsored by the Jesuits are remaining Jesuit? I have to imagine that's a big part of your conversation with them, Joe. It certainly is and also getting a sense of which Jesuits are particularly helpful and are there any issues that they've noticed that I should be attentive to to help the man? And then what do they, how can the province help them? And of course, they always say, send lots more very competent Jesuits. It's like, okay, but there aren't that many horses in the stable anymore. But it's always a cordial conversation. And in the case of both Mark and Christian at university and prep, it's very cordial. Bishop Kajiana is extraordinarily gracious. Of course, an alum of Regis High School. So he is an alum of a Jesuit school himself and did his seminary work and graduate work at the Gregorian. So Jesuit educated. Not only that, but he has a real sense of the importance of the role of Fairfield in his diocese. I know, Joe, he's always talking to me and to us about education, but especially, but also the role of Ignatian spirituality, retreats, confessors, helping laypeople, religious and the priests to have a deep spiritual life. I'm imagining that probably came up with him today too. Absolutely. And I mean, it happens that Jesuits do that kind of work with people in diocese all over the place. I think here especially, thank God to the Murphy Center, which is a deliberate part of the university to foster that kind of ministry of the Jesuits. And both within the university here, but also outside the university. And the impact that that Murphy Center has and has had is tremendous. And certainly the local Bishop, clearly Bishop Cagiano clearly sees that and understands that. Joe, in your travels, did you have a chance to get over to our Bellarmine campus yet?  I mean, it's so creative and beautifully done, but more significantly, of course, of the students who are there. And, you know, the creation of educational opportunities for students who, you know, from Bridgeport and other places, but from, you know, recent immigrants. I mean, that's been so much part of our Jesuit history in the East Coast is first-generation students and immigrants and ethnically diverse people. And to see that alive at Bellarmine, it's an extraordinary commitment on the part of the university. And it's a commitment to, you know, where Fairfield has a very broad catchment area in terms of students and a broad impact, but it's especially important to see the local impact of the university too. And Bellarmine is a classic example of that. And I'm sure, and I know already, it is a model for other Jesuit universities. So I think the replication of Bellarmine will be an important gift to the society. Another role that Joe has as provincial is really being our bridge to our universal governance with Father General or Superior General in Rome. And I think anybody who's followed these conversations seriously in the last few years has heard us talk about the universal apostolic preferences that Father General, after extensive consultation, articulated for all institutions sponsored and connected to the Jesuits. And certainly Father Keefe has a major responsibility to make sure that those preferences in fact are shaping all of our institutions. And Joe, right off the bat, we have two of those preferences, right? With Bellarmine and with the Murphy son. Well, yeah, and I think those preferences, I mean, the first, I think many a more contemporary articulation of something that has been at the heart of the society since its foundation in 1540 is the spiritual exercises and that spiritual vision of Ignatius accompanying people as they discern and search for Christ and search for meaning in their lives. So that clearly is there. The working with the marginal and the excluded. And in many ways, I think that's an articulation of something that started in Vatican II, a faith that does justice. And again, being with those on the margins of society, being with people who come from backgrounds of poverty, who educational opportunity is what's going to give them a full and productive life. And then the third, which is giving young people a hope filled future. I mean, our first educational institution in Messina 1548, so this is a long standing. And I often think each generation has had its challenges, but given all that's happening in the world today, the challenge of giving young people a hope filled future. And that's very much part of the educational enterprise. So I think, and of course the fourth and part of that hope filled future is having an earth that is sustainable, air debris, water to drink, the whole climate issue. Looking at the name- And it was by the way, a mandate from the Holy Father. It was a mandate from the Pope to the society saying these are the preferences. And then it is for each of us, provincials in our own place. What does that mean in our time and place? And given the worldwide society, the over 14,000 judgments across the world and 3,700 different educational institutions, each place has its own political, economic, religious, ethnic culture. So they're broad preferences that need to take on flesh in a particular circumstance, if you will. Thank you, Joe. Look, we jumped immediately into your role as provincial, but you weren't born provincial. As I understand it, you were born a simple child of Irish and a Franco-American parents in Salem, Massachusetts, where I'm proud to say I served my first years as a young priest, as a baby priest in a parish not too far from yours. I was in St. Mary's, Italian parish, where I ate very well and tried to be a good priest. Yeah, yeah. But Joe, how did you, yeah, so you were born in Salem, right? Right. And where did you go to high school? I went to a Zavarian Brothers High School, St. John's Prep in Danvers, Massachusetts. Much, my, a great school, still a major rival of a BC, isn't it? Absolutely, a BC high, yeah, yeah, yeah. And then how did you meet this society? How did you meet this society, Joe? So in my family background, my grandfather was class of 1916 at Holy Cross. 1916? Yeah, he went to BC high in 1912, 1916 at Holy Cross.  And they're like lights out at 10 o'clock, all these strict rules at Holy Cross. They're like, no way, we have just been, you know, again, they were older, obviously, having been in the war. So my uncle Bob is class of 49 at Boston College and my dad was class of 50. But my uncle Ed was class of 51 at Holy Cross because he was younger, he was not in the war. And then when it came time for me to go to college, I was like a little rebellious, like, you know, this family Jesuit tradition thing, Jesuit education. I was thinking of Middlebury and Bowdoin and these New England liberal arts colleges and a classmate of mine at Holy Cross at St. John's Prep said, you know, we can get a day off of school as a senior year. If we go to a college and I have an appointment at Holy Cross and I have my father's car, so let's go, great, with no intention. Well, I was totally won by the people I met there. And I remember coming back home at dinner, at the table saying, well, I know I'm going to Holy Cross and they were like, what? And the rest is history, right? Well, what was it? What are those people who had this magical influence on you, on this contentious, you know, young man who was, you know, who wanted to do anything to what his parents wanted? How did they win you over?  Wow. The impact of the Jesuits there. Now, some were curmudgeons. We know certainly not.  Oh, but I've ever encountered that, no, no, nothing like that, no. But you know. Please go on. These were men who were learned, who really took seriously the world as it was. They were very much imbued with the Vatican, Spirit of Vatican II. This is 1972, I started. And a real passion for learning and a brotherhood among them that they really cared for one another and they would tease each other and they would share their life with each other and it was just a very appealing and very attractive thing for me. Now, it was both from family background and I'll get your bachelor's degree and then let's look at this again, which is of course what happened. So I did graduate in 1976 from Holy Cross. But you were almost from the beginning thinking about a Jesuit vocation and emulation. I was thinking about a priestly vocation. Priestly vocation. And part of it too, God love him, my dad died after my freshman year at Holy Cross. Anna felt responsible for my mother and sister and thought, you know, maybe I could be a diocesan priest in the Boston Archdiocese. And I knew priests too, because I had done a lot of work as an orderly in hospitals to kind of take my way through college. And then when my mother, God love her, met a man and decided to remarry, all of a sudden it's like, I can be a Jesuit. She's gonna be a Jesuit. So kind of God cleared the way for me to enter the society. So I graduated in May of 76 and I entered the Jesuits in August of 1976. And what was your novitiate like? What were the salient moments of your, you've heard, I mean, all your hearers have heard, most of them have heard other Jesuit stories. So the terminology of things like novitiate are not utterly new to most of our participants. You were like the first two years of our Jesuit formation. Where did you do those, Joe? And what was it like? What were the salient points? Right, a Newbury Street in Boston. And... You're not in Shadowbrook anymore. No, no, they've moved maybe five years previous out of Shadowbrook. Because most of the people we've interviewed, you know, people like Charlie Allen or my... Sure, they would have been in Shadowbrook, yeah. Yeah. And, you know, the high point of it, obviously in my first year was the 30-day retreat. I had been to Gloucester as a high school kid for a day of recollection. And then a version of the exercises when I was at Holy Cross for five days. It was kind of fun, I was at a reunion of Holy Cross last week, the 50th anniversary of co-education. And we were laughing with some of my colleagues, women, especially, saying, remember trying to keep silent during that retreat? There was a... So doing it for 30 days, I did learn how to keep silent. And again, growing up just down the North Shore from Gloucester, a beautiful place for me, an important place. Then with three other Jesuits sent on, what we call experiments, as you know, which is a way of testing vocation in different settings. So I was sent to India with three other New England Jesuits. Wow, well, you were a novice. Six months as a novice, yeah. This was a big, this was very important in a Jesuit way of formation. Very different from the monastic or seminaries. Well, there weren't seminaries early on to train priests for parishes, but the monastic communities trained people by keeping them in the monasteries. But with Ignatius, since he envisioned us to be on the road as our primary way of being and to be available to be sent to any culture, any area of the world. So Ignatius prescribes in our constitutions that the novices have this experiment of being on pilgrimage. Are they capable? Is somebody who wants to be a Jesuit, are they capable of exhibiting the capacity to relate to new cultures, leave their own securities behind and meet God in the unexpected? So that's just a little commercial about why experiments are such a big deal for Jesuits. And so we were at Mission Stations in central India and then in Calcutta with the sisters of charity. Wow. They home for the dying, they hospice there in the morning and then in the afternoon in the orphanage. So end of life, beginning of life and experience being with those people. Six months. And interesting. Actually, one of the mornings working in Calcutta went to very early morning mass and I was right next to Mother Teresa. And Mother Teresa actually was a classmate of mine. She got an honorary doctorate when I got my bachelor's degree from Holy Cross. Oh my goodness. There I was like seven months later sitting next to her. And so that was an extraordinary multicultural experience and being with the Indian novices too. And understanding that it's one society of Jesus across the world. And just a brief anecdote that when I was at, I was delegated to 36th General Congregation and a delegate from the Patna Province, Susai Raj. And a couple of days into the congregation, I said, Susai, do you remember the New England novices who came and he said, I do. Later that day, he sent me a JPEG of a picture of the New England novices and the Indian novices. Both he and I were there. It's like, who would have thought we'd be at a General Congregation all these decades? So it's amazing how things happen. So, and then in my second year, again, back in Boston, learning about the society, doing pastor, I did a lot of work with a group called Samaritans. It's a hotline for people who were suicidal. And then I went to Fall River, Massachusetts and taught French full time in the house. And now so much of it gave my, wedded my appetite to be an educator. Great. You know, when Father Akif mentioned being sent to India, he averted to the fact that Jesuits from the very beginning of their orientation, their formation are, I think, imbued, if we do it well, with the notion that there's one society and it's a global society, and the Northeast, US Northeast province may be your port of entry into the society, but that you are, you enter a worldwide society and you are available in principle. And for most of us, there's been some moment when in reality, we're asked to be available, to be of service way beyond our geographical moorings and to be available wherever the church needs us. And this goes all the way back. The reason, Joe, by the way, I'm doing this is because this is under the aegis of Ignatian spirituality and introducing people to Jesuit stuff. So this is an opportunity I couldn't miss. From the beginning, Ignatius understood the society of Jesus was not instituted to serve a particular geographical or cultural or linguistic area, but he presented himself to the Holy Father and said, we are available to you wherever there is the greatest. And that's not a platitude. Joe, you can, having been in Rome and being in your position, you understand that it does indeed happen that bishops and the Holy Father and the congregations in Rome, turn to the Jesuits and say, you know what? We need one of our young Jesuits, well, no longer young, that I worked extensively with is now the apostolic, the apostolic delegate or not, I'm sorry, whatever, an apostolic administrator of Kyrgyzstan because at one stage Holy Father said, okay, you Jesuits, I need you to help refound and help sustain the church in Kyrgyzstan, one of those former Soviet republics on the Silk Road. Anyway, Joe, you mentioned French, French language, French culture and French education was a real trajectory that you followed throughout your whole Jesuit formation, right? Yeah, I was a philosophy major Holy Cross of the minor in French. Part of it might have been too, my kind of ethnic heritage on my mother's side. But then when I finished here, took vows and then we go to philosophy studies or what we call first studies. And the fact that I had had a major in philosophy, I did some philosophy courses and took the comprehensive exam at Fordham for that, the day university exam as it's called in Jesuit world. And then I did an MA in French literature. At Fordham. At Fordham. And of course, you know, I had studied sat as a philosopher and now I study sat as an author. So I studied Descartes for his philosophical stuff. Now I studied Descartes for his stylistic work. So and with that in hand, after that experience and I went back to Fordham many, many years later to be the superior of young Jesuits studying at Fordham's scholastics. So it was a big circle back to the Bronx. And then with that degree in French, I went to Shevers High School in Portland, Maine and taught full-time for three years. Those of you who are familiar with Jesuit, you know that what Father O'Keefe is referring to the pattern of formation from the vision and initially two years of orientation and experiments and then philosophy studies and then always a period of apostolic work where in a certain sense, you once again live out what is an anticipation of what your Jesuit life is going to be like. And it's a confirmation. Is this the grace that God is giving me? And was it for you, Joe? Apparently it was. It certainly was. You know, I loved my time. And again, you know, when I was a novice, I taught also. And so high school teaching was a real passion of mine and education in the educational process. And that continued and was, you know. What you like so much about high school teaching? They look pretty pesky to me and problematic. All those hormones and all that. Oh, well, yeah, yeah. Well, you know, it's actually so many of them I keep up with. Some of the biggest bandits ended up being the most loyal alumni. And you're with them. And there's a great sense of joy in that. And the other aspect of it too, when I was in Regency, wonderful lay women and men who worked hard. And while they were lay people and I was a Jesuit, but we were in this together. And I think that's a crucial part of that Regency experience. And now I see it with our young guys who do Regency experiences and who become such wonderful colleagues and friends of our lay teachers. Certainly the story that we keep hearing from Fairfield Prep. Previous to you last year, it was at the year before, Jessica, we had Brendan Coffey, a young Jesuit regent. That's our terminology for these kinds of interns who are doing full-time work in a Jesuit sponsored ministry. And Brendan whom some of you have met was at Fairfield Prep. And his impact on not only his students and their families but his impact just by the nature of his warmth and generosity and competence and openness to his colleagues at Fairfield Prep was legendary. So I'm not surprised that the same would have happened for you. And I had the great privilege and joy of being Brendan's superior when he was studying at Fordham. Uh-huh. At Chisler Hall. So I was his rector for two years. All right, so, you know, so you were a regent or you were a scholastic or a regent or a young Jesuit in formation. And then where did you do your theology studies? At what was then the Western Jesuit School of Theology in Cambridge, Massachusetts. Which is now a division of Boston College. Okay, okay. I emptied there. I was ordained in 1986, 1985 to the deacadent, 1986 to the priesthood. And then I did a second theology degree called the Licentia. And that was under the tutelage of John O'Malley. Those of you who know that name, the great Jesuit historian, great all-time Jesuit John O'Malley. So I had this passion for history and especially passion for French. And so under John's direction, took some courses in Cambridge, but then also went to France. To do research about Jesuit schools in the late 16th, early 17th century. And was that one of those rare moments when we were allowed to exist in France? That's absolutely. Yes, it was early on. And this was actually in Lorraine is the places that I was looking at was its own separate, there was a Duke of Lorraine who invited us. But working under John O'Malley and having had him in classes, I had a big impact on him. In what way, Joe? Well, he was so erudite and thoughtful and humble and a very regular person. He didn't put on airs. And yet he had all the goods. I mean, an eminent historian with all kinds of awards So, yeah, he was certainly one of the greats and a great mentor of mine. All of his books, as far as I remember, all published by Harvard Press, where you ended up? That's true. You ended up going back to Harvard. Well, I came back after my licentiate and I thought, you know, I'm really interested in how educational institutions form people, the culture of educational institutions and the role of schools, not only in terms of transmitting knowledge and skills, but also a formation of people and thought, you know, I've looked at that in France in the 16th and 17th centuries. I'd like to look at it in the U.S. in the 20th century. Wow. And so that's why I petitioned and was given permission to do a doctorate in education. I did that at Harvard. And work was with a woman named Sarah Lawrence Lightfoot, one of the first African American fully-tenured professors, endowed professorship at Harvard. And I was very interested in how Jesuit schools, Jesuit high schools in particular, looking back to the time of John Lafarge and others, became desegregated and welcomed more diverse populations of over-income people and African-Americans and Latinos and immigrants in Metro New York. So it was a wonderful opportunity to study Jesuit schools again, but in a way that's not history, but it's present and looking to the future. And so when I think about my work in education, you know, that was enormously helpful. And of course the people I met and the resources at Harvard are tremendous. And, you know, not only the faculty that were there, but the students who were attracted and the rich variety of backgrounds. And it was an eye-opening experience for me. You know, with the dearth of clergy, with the vocation crisis, with so few priests and Jesuits are being available to education, why do you think the society even now should put so much effort into education? And why do you see, you know, what is so specific or can you talk about something that is so specific to what, how would you characterize the Ignatian, Jesuit, Charism vis-a-vis education? And I'm again, you're talking to folks, many of whom have been recipients and participants in this mission. So how, with your study, with your own, your personal experience, your family history, your wonderful academic formation and continued experience, because to jump ahead, Joe, was how many years at BC, at BC's point of view? 25 years on the faculty at BC, yeah. Right, and then Dean for how many years? I was Associate Dean for Academic to the School of Ed for two years and then Dean for six. All right, so with that background in mind, what's the big deal about Jesuit education? Well, you know, increasingly, when I look at the world the way it is now, I think back to a previous, a general father, Adolfo Nikolas. And in 2010, he gave an address at the Jesuit University in Mexico City. It was for Jesuits and higher ed from around the world. I was one of the BC representatives. And he talked about the danger of what he called the globalization of superficiality. You know, sound bites, lack of analysis, polarization, demonizing those who think differently. I mean, we're just seeing so much of that has come to light. And he said, Jesuit education is Jesuit education for depth. For depth. Depth of thought, depth of imagination, depth of values. And I think given the superficiality that is so much around us, that graduates of Fairfield and other places, how do we help them do the hard work of depth of analysis and imagination? And also commitment to the greater good. And that can be no matter what field you're in. So talking to folks here about, well, there's Bellamon, right? But like the new nursing school, for example, in Austin and the wonderful nursing school here. What does it like to be a nurse who's prepared for that career in a Jesuit school in terms of care of the person, in terms of passion for access to healthcare, no matter what your income level is. Those kinds of, when I look at the number of students here and the business school, right? Ethical business practices, corporate responsibility, how businesses care about the communities in which they're located. How do they build them up? So in an array of professions, no matter what, I think arguably it's never been as important been as important to have a Jesuit education as it is in our day and time. Thank you, Joe. Of course, when I say that, but that's what I believe. And that's how I spend my life dedicated to that reality. And you do, and you do. I'm already, I'm a wee, I'm alert to the fact that the clock is moving and I can't restrain myself from asking, what's it like to be provincial? What are the joys? What are the sorrows? What are the lights? What are the shadows? I mean, I don't want, I warned you that I might ask you this, but be as personal or not as you like, but if you could tell us what that's like, because you're talking about 578 Jesuits at a time of, well, I mean, I'll let you describe it. What's it been like for you? Well, I think it's now year four, which is likely to be six years as the normal tenure. One of the things I think it's important to mention is the vastness of this. So when I became provincial on July 31st, 2020 it was the first day of the East Coast province. So people would know, especially if they're from Connecticut, back in 2014, New York and New England came together. The wedding of the Yankees and the Red Sox, which is miraculous, huh? But we survived and did well. Not without some challenges, but go ahead. There were some challenges. That's a Northeast province. And then on July 31st, 2020 became the East Coast province. So I mean, you mentioned the number of institutions, the number of Jesuits, so it's huge, it's big. So how to keep on top of everything. I have to say the most consoling part of it is being with Jesuits, as you mentioned in that manifestation of the account of conscience. Someone described it to me, it's like having a front row seat to watch God at work in someone's life. And that's a great, it's humbling, it's a privilege, it's consoling. So I think being a pastor to my brothers is important. Being a pastor to the elders, so many elderly Jesuits that I've met who say, you know, my prayer is really all about gratitude. And for some of them, life was not always a bowl of cherries, right? So at age 69, I say to my no to self, grow old gracefully. So with my elder brother. You know, what is it like for a young man to be with all the distractions and noise in the world, to be able to hear a call to religious life and to have the courage to respond to that? And so I am in such awe of young men in this day and age who were saying, yes. And so when I accept young men into the society and into the novitiate and when I receive their first vows and when I present them to the Bishop for ordination, that's an enormous joy. The other aspect of it is I have come to realize how much our lay colleagues, not only by our mission, but care about us. And I communicate that to our my brothers. They want us to live in vibrant communities.  And the legacy that gets carried on by our lay women and lay men, you know, and we're at their side. So that's been a wonderful part of this. And I think there is a future for us and for the society. I've often I've been reflecting on the sisters of charity of New York who did such wonderful work as educators and as nurses and, you know, St. Vincent's Hospital during the AIDS crisis, how they respond. And they've said, we're going into what they call completion, that they're not accepting any new members and they haven't had new members for years and that religious community will no longer exist. That's not the case with us, you know. We have fewer numbers and we look at the age distribution. We only have 44 men in formation. 44 wonderful men, but 44 men in formation out of 578 Jesuits, right? So we can't continue to be every place and do everything we've always done, but there is a future and it's in good hands. Wow. What do you think, Jess, should we? Do you have any questions? Do you have any lists of questions yet? No, I think one thing, and we talked about this briefly, the three of us before we came on here is, you know, Father, you just mentioned there is a future, there are fewer, but what does that mean in your eyes specifically for a school like Fairfield when there are dwindling numbers of Jesuits? What does that mean going forward? And I know, as you said, the lay supporters and the lay followers are certainly, I'm sure, going to be an integral part in that, but could you speak a little bit more to what will continue to make Fairfield be a Jesuit school even given the state of the dwindling numbers? Great question, Jess. Great question. Yeah, so every higher ed institution goes through something called the Mission Priority Examine. Parallel on the school level is the sponsorship review. And the Mission Priority Examine consists of a self-study on the campus. And well, first of all, does the institution want to remain Jesuit and Catholic? If it does, how does that become something other than just a brand label? Where is that realized in specific ways? And then getting people to buy into that. So it's a very broad-based consultation that leads to a report that is submitted to the province and then a team of qualified educators from other places comes to see is this report, in fact, what we're experiencing in our business. So I've been on, before I became provincial, for Regis University in Denver for Santa Clara, University of Santa Clara and for Loyola Marymount. And actually I was reflecting back Nancy Delavale from the Fairfield faculty. She chaired the Loyola Marymount visit that I was on. So that along with the self-study becomes a report, sent to me as provincial and with accompanying materials, all of that goes to Father General. And my recommendation, as I did, recommend that Fairfield continue to be sponsored by the society. It's the desire of the university that this happened from trustees to president administration and faculty. And it is by that that Father General approved the continuing sponsorship, if you will, of Fairfield by the society. And by that, then the decastry of culture and education that oversees Catholic education worldwide affirms the Catholic character. And all of that gets communicated to the local bishop. In this case, Bishop Kajiana.  Certainly Bellarmine College is seen as a crucial piece of it. The very positive relationship with the local communities and the local diocese. And the efforts made both in the undergraduate core and in professional programs make them distinctive because of the Catholic and Jesuit, the Catholic intellectual tradition and the focus on a faith that does justice. So, yeah, Fairfield has been reaffirmed and it's Catholic and Jesuit character. So that's kind of the official piece. And then, otherwise, it's, you know, working with people, but also Jesuits on campus, right? And I think that the way to be effective is for Jesuits to have a strong corporate identity and to work together as opposed to individuals who just happen to be in different departments.  And that happens here. And that happens here. So, yeah, and of course, if you have Jesuits who are productive and happy and engaged, nothing attracts vocations like that. It's interesting, Joe, you talk about a corporate identity and that identity of the body extends even to people who are no longer here.  Oh, God, yes. We continue their work. We continue, you know, to capitalize on the goodwill and the good effects of their work. One aspect of your provincial, takes you beyond frosty New England to the tropics of the far Pacific. And this is something that I know means a great deal to you, especially in, you know, affirming the values of Jesuit education. And that's the presence or the existence of Micronesia as part of, where in the hell is Micronesia? And what did you see when you were there? Okay, so it's 8,000 miles away in the middle of the Pacific. And the Pope asked the society to staff, really, those islands, the federated states of Micronesia and the Carolina Islands. And they were Spaniards. But remember, Spaniards were neutral in World War II. And the Americans, of course, you could, you know, took those islands from Japan and said, no, I think we need Jesuits here, but the American government said they should be American Jesuits. And so in 1945, we arrived in Micronesia. And it, you know, it's a way of living out these apostolic preferences, for example, the impact of climate change. And some of these islands will disappear with surprising ocean levels. And there are people who, so many of whom live in poverty and we provide, especially through our schools and through our pastoral ministry. Now it just so happens, and either coincidence or grace. So as I was listening, waiting for some of the Jesuits to come and speak to me, Father Mulraini, who had spent time in Micronesia is a mentor for a Fairfield sophomore and a Fairfield freshman, both of whom went to that Savior High School in Chuk, one of whom, and you saw the film that I showed for the community, he walked in, looked at me, he remembered my face from my- Wow. So here, and of course, you know, he's got this big, heavy coat on. Micronesia is tropical. It's like, well, welcome to New England. And, but the fact that he, the two of them are continuing the legacy of Fairfield University providing full scholarships. And these are the leaders of Micronesia. Yeah. You know, these will be the physicians and the political leaders and the attorneys. So, you know, it just brought Micronesia home to me in a wonderful way here at the Jesuit Community Center, seeing those two kids and what Fairfield is doing for them. It's remarkable. This is all part, and these young people are here part of the posse. What does it, Corey, call the Corey Eunice and Mark Nemekal at the Companion's Program? Right, the Companion's Program, yeah. Yeah. Now, parenthetically, some of the graduates of our high school, Xavier, high school at Chuuk, end up going to the Jesuit universities in the Philippines. Oh, yeah. Some end up going to the Jesuit universities in Indonesia, because Indonesia helps send young Jesuits to teach in our schools. And Sofia in Tokyo. And Sofia in Japan. So, I mean, this is the family that we belong to. Joe, we're reaching close to eight o'clock. I did want to offer anybody else the opportunity. Would you like to pose a question to Father O'Keeffe? Further clarification of something that he's already said or some issue that you'd like him to turn his attention to? I did receive one other question. It may be a larger topic than we want to get into with just a few minutes left, but questioning your opinion on other schools not necessarily Jesuit, suppressing speakers or tolerating animosity in the name of free speech, vis-a-vis the Middle East or LGBTQ plus rights. I don't know. That seems like maybe a longer conversation than a few minutes. Yeah, it's certainly a very involved conversation. Yeah. It would seem to me at least off the top of my head and please take it as that. This is not a well thought out argument, but it would seem to me that there is, back to that education depth of analysis, right? And that if there are different points of view, it's the context in which those points of view are presented and it's never one sided. Now, there are limits. Hate speech cannot be tolerated. Incitement to violence can never be tolerated, but the university should be within those limits, a place for dialogue. Always with the understanding that Fairfield and its sister Jesuit institutions are not value free institutions. That there is a way of looking at the world to the Catholic intellectual tradition and through the legacy of the society that doesn't make it value neutral. That doesn't mean we are afraid of differing points of view. Easier said than done. I get all that. I think when there are controversial issues that arise, it's very important to inform, for example, the local bishop and I am intent on that and so are the heads of schools. But I think a place where thoughtfully and carefully to present the Catholic perspective is crucial. I don't know if that's a good answer, but at least that off the top of my answer. Thank you. Joe very graciously expressed that even in this moment when the society is experiencing a demographic decline, he pointed out that God has been very good to us in the quality of the young men that we have and that they are a source of hope. I'm not just being polite, I'm being honest and faithful when I say that God is taking very good care of us, even in this time of fewer people available for services in the society to give us a period like Father Joseph O'Keeffe. So Joe, thank you for your service to us, to our institutions, to our alumni, our colleagues, our friends, and thank you for spending this time with us this evening. And thank you to all of you who have taken the time to learn about Joe, to learn about us and to learn about Joe this evening. Thank you very much. I wanna offer my thanks as well. And I apologize if we weren't able to get to your questions, but we do wanna be respectful of everyone's time. But thank you so much, Father O'Keeffe, for being with us. Thank you, Father Jerry, as always, for being my wonderful partner in this. And I hope you all have a wonderful night. Thank you all so much for being here. Hey, God bless you all. Thank you. Thank you. Thank you, Joe.


Unfortunately in the United States what we're seeing is increasing rates of depression, anxiety, suicide rates are going up. So we're in a challenging time and we feel that these adverse childhood experiences really are at the root of some of these difficult issues that we're seeing in our country. We have had childhood trauma for a long time now but we're increasingly recognizing the impact it can have on young people in terms of their ability to thrive both at home and in their community and also at school. The people who are most impacted by childhood trauma and adverse childhood experiences are often those who are living in communities where they're experiencing multiple stressors and highly stressed urban communities for example or those young people who may be marginalized. When we're looking to address negative impacts of trauma what we're really trying to do is focus on building resilience in young people and also we are focusing on developing relationships. Child trauma is best healed through relationships and so we're trying to ensure that every child has the kind of relationships with with their parents, with their caregivers, with other adults in their world that can actually help to build the resilience necessary to you know to give them more functioning later in life. The good news is we know what to do, we know what works, we know the evidence-based practices. This is more complicated than simply sending teachers to a training and thinking that we're gonna solve all of our challenges here. This is really a systems issue here of making sure that no one's on an island, that if a child experiences something traumatic their support. If a family has a child who's experienced something traumatic their support for the family. If a teacher or part of the workforce is working with a family who's exposed to something traumatic they have support. Because you can't talk about the mental health of students without addressing the mental health and wellness of the adults that care for them in their environments. Which is why at Healthier Generation in partnership with Kaiser Permanente we have the RISE initiative that really focuses on building subjective well-being, increasing job satisfaction for the adults so that they can feel like they're making a positive difference in the youth that they serve. There's a sense of urgency right now in terms of how we can best support our young people who've been exposed to adversity or trauma and we have many people at the table who care about this issue and are willing to look at policies and practices that can support our young people so now is the time to be doing this. Events like the Institute for Health Policy Forum today do a couple of things. One is they help Kaiser Permanente and others raise awareness about adverse childhood experiences and their profound impact on people with physical health and both mental health conditions later in life. The other purpose it serves is to gather people who care about this issue, to think together, to think about solutions that they might take on together to imagine different possibilities and a way forward for our society.


In this presentation, we will take a look at the multiple choice questions related to bonds, notes, payable, and long-term liabilities. Support accounting instruction by clicking the link below, giving you a free month membership to all of the content on our website, broken out by category, further broken out by course. Each course then organized in a logical, reasonable fashion, making it much more easy to find what you need than can be done on a YouTube page. We also include added resources such as Excel practice problems, PDF files, and more like QuickBooks backup files when applicable. So once again, click the link below for a free month membership to our website and all the content on it. Next question, the premium on bond payable account is A, a revenue account, B, a liability account, C, a contra liability account, D, a contra asset account, or E, an equity account. So if we go through this again, process of elimination, the premium on bond payable account is. So first, we might just want to get an idea of what a premium is. If we can think of the journal entry that creates the premium, that would be the easiest thing to do. It gives us a sense of what the premium is. That happens when we issue the bond. So say if we issued a bond for, we had a bond payable that we're going to issue, the payable is a thousand dollar bond, we're going to credit the bond. And then the question is, well, how do I get, we know we're going to get cash then when we issue the bond. So that would be the debit and it's very sloppy, but then we get cash. And the question is, if we get more than cash than the bond or less than the bond, well, what would result in a premium? If we got more cash than the bond, so 1,100, then we'd have to have a premium over here. And that means the premium must be a credit. So this would be the premium. So otherwise we'd have a discount, so a discount or a premium. You can kind of see that if you write out the original journal entry, I'm not a little bit neater than this, but if you write that out, so that would be the premium. So what is that premium? Well, it's linked to the bond in some way, it's linked to the bond, and the bond is something we're going to owe in the future, it's a liability. So just, you would think the premium being linked to the bond would be some type of liability. So if we go through this, then we're going to say, well, A says a revenue account, it's not revenue, a premium isn't revenue. Although you might think that because we got more money than the liability, but we didn't really sell anything, we're financing here. So the premium is going to be allocated to expense. So it's not revenue. B says a liability account, and then C says a contra liability. So those are similar. I would think B and C would be the two that stand out. D says a contra asset account, and there's nothing really about an asset that doesn't really make sense, it would be an asset, so and E says an equity account. And again, it's not equity, it's part of the liability. It will be an expense, interest expense, which is part of the income statement, which is kind of part of equity, but no. So we're left with B and C. So the premium on bonds payable account is either B a liability account or C a contra liability account. Now, note that the C is kind of a subset of B. In other words, if something is a contra liability account, it's also a liability. It's just a specific type of liability account. So if C is true, then B must also be true, and they can't both be true. On the other hand, if B is true, it's a liability account. It doesn't necessarily mean that C is true because it could be a liability account, but not a special subset of contra liability. So just from logical terms, you would think that B would have to be the correct answer. Now you can't really be totally sure on that because some test questions will say, well, if it was a contra liability, then that would be the more correct answer. We would be the more precise answer. So that typologic won't work all the time, but that might be one indication that you can kind of look through and say, well, if this one is true, this one has to be true. And if this one is true, that one doesn't necessarily have to be true. Therefore, B has to be the true answer that's definitely true. But if we think through this, then why would they have a contra liability? Well, the premium is actually a credit. Notice what happens here is the bond payable is on as a credit. The premium is also a credit, which is going the same way. It's not contra. It's not a debit. So why would contra liability be an option? Because a discount would be a contra liability because it would be a debit balance bringing down the bond premium and by being something contra debit as opposed to a credit. So it's not C because it's a premium and not a discount and B is the correct answer. Final answer, the premium on bonds payable account is B, a liability account. Next question. Bonds that have an option to retire them before maturity are A, normal bonds, B, serial bonds, C, sinking fund bonds, D, high value bonds, or E, callable bonds. Go through this again using the process of elimination. Bonds that have an option to retire them before maturity are A, normal bonds. Now there's probably such a thing as a normal bond, but it's not a term we usually use. So it's not something that should sound really familiar or something we're using. So it's not A, B says serial bonds, and that's something we have been thinking, talking about, so we'll keep that for now. C says sinking fund bonds, and that's not something we've spent a whole lot of time on. I'm going to say it's not C, I don't think. D says high value bonds, and again that doesn't ring a bell, something we've spent a lot of time talking about. It sounds like an investing term that we might hear, but it's not one of the bond types that we've looked at, so it's not that one. And then E says callable bonds, and that is one that we've a term that sounds familiar. So we're left with B and E serial bonds and callable bonds. If we go through this again, bonds that have an option to retire them before maturity are either B serial bonds or E callable bonds. In other two it's going to be E here. Callable means we can call them before maturity time. Serial means it's going to have multiple different maturity dates. So it's going to be E here, so once again, bonds that have an option to retire them before maturity are callable bonds. Next question, a bond sold at 101 means, A, bonds pay 1% interest, B, bond sold at 101% of its par value, C, a market rate of interest is 1%, D, 101 bonds were sold, E, the market rate of interest is 101% of the contract rate. So let's go through this again. A bond sold at 101 means either A, the bond pays interest at 1%. That might sound kind of reasonable, we'll keep that for now. B says the bond sold at 101% of par value, that sounds kind of reasonable, just to keep that for now. C says the market rate of interest is 1%. Again A and C are kind of related here, I'll keep that for now. D says 101 bonds were sold, so it says A bond was sold, so I'm not going to say it doesn't seem like multiple bonds wouldn't make sense because it says A bond. And then D says the market rate of interest is 101% above the contract rate, that seems pretty high. That doesn't seem right, it seems like way above the contract rate. Okay, so I don't think it's going to be, so we're left with A, B and C. So a bond sold at 101 means the bond pays interest at, pays 1% interest A, B, bond sold at 101% of the par value or C, market rate of interest is 1%. So of those three, like A and C sounds pretty similar except for, we're talking about the bond pays interest, I guess the contract rate versus the market rate. Normally those two, if I had no idea what this question was, I might start to narrow down on those two because they sound very similar except for that one term. And this is actually a point where that's not the case. This is a time where, although a lot of times when we see something that looks very similar and wording except for one change, meaning market rate versus contract rate, oftentimes it's between those two. In this case it's not, so that's not the rule that will apply all the time. But oftentimes when we see that trend, we can say, hmm, if I have no other idea maybe it's that. But we just have to kind of know here that the bond, when we say it's sold at 101%, that's referring to the price we're selling it for. So if it's a thousand dollar bond, we're selling it at 1.01%, so 110 is how we'd have to do that. The only way to know that is just to know that. So 101 just means it would mean 110%, or I'm sorry, 101% of the face amount, 101% of the face amount. And if you move the decimal point over two places, that's 1.01. So whatever the face amount is, the par value, you multiply it times the 1.01, that's what it's actually selling for, that's going to be the market price. That's what the market price is to sell the bond. So final answer, a bond sold at 101 means B, bond sold at 101% of its par value.


Please, stop moving your stops. I mean, we've all done it because we don't like losing or because we fear the market's going to finally reverse just after stopping us out. But these are emotionally driven decisions. And anytime in trading, when you take action based on emotions, it's usually the wrong action. Moving your stop is a sign that you don't really have a trading plan. Along with your entry and your target, your backtesting should define an invalidation point when you know your trade is wrong. Stops can be price-based, volume-based, or even time-based. You can also have liquidity-based stops using bookmaps heatmap or use our stops indicator that shows you where other players are getting stopped out. The main thing here is that your stop is easily defined and consistent because without consistency, you're backtesting a random data set and your results and conclusions will be meaningless.


Uniform regs are called uniform regulations, not because this is a uniform, but so that we as a Navy are uniform in how we wear it. We are uniform in how we wear our hair and our metals and our socks. To be a uniform service, uniform in how we carry ourselves, we as sailors are responsible to uphold and follow what's in that regulation. When a conversation starts about uniforms, often, you know, sailors will say, I was told I could keep my hands in my pockets as long as I was standing still and not walking. And they're relying on non-factual dialogue. They're relying on hearsay or presumption, versus a sailor saying my chief or my LPO set me down and showed me the regulations. And in the chapter where it says, hands and pockets are distracting, so it showed me that it doesn't matter where you are, but you can't wear your hands in your pocket. And so when you go into chapter one of the uniform regulations, you'll see where it talks about prescribing authority and basic standards and general information. In fact, that's where it specifically talks about hands and pockets. And it's under the header paragraph of enforcement.   I offer you to use caution on how you receive and how you execute what you've heard without seeing the actual factual data, without seeing the why.  The last thing we want to do as sailors is misrepresent our uniform. Don't wait for things to happen to you. Make them happen for you.


The present study aims to examine the association between caregiver and child characteristics and caregivers feeding practices among preschools in Ethiopia. Caregivers who had higher levels of perceived feeding responsibility, Beta020, and who were more concerned about their child being overweight were associated with food restriction practice. This article was authored by Nardos W. Jebru, Sifu H. Cabraeusus, Isitaptum Arayum, and others.


Welcome to the show, it's me, John Park, and it's time for John Park's favorite things of today, also called JP's product pick of the week. I'm a little rattled because my computer just exploded into a huge fireball. Oh no, it just went dark.  It does this funny thing that it loves to do to me. But I think we're back. Yay, thanks everyone in the Discord, by the way, for letting me know the status. Seems like we're running on both YouTube and Twitch for sure. So thank you, and I mentioned our Discord, so hey, let me bring that up right there. If you're wondering where the chat is, if you're around Twitch or somewhere like that, we have the chat up on YouTube, and we've got this one right here. This is our Discord channel, Discord server actually. So head to ateafrew.it slash discord, and then look for the live broadcast chat channel. That's where all these good people are. Hello Dexter, Evil Dave of Canada, BlitzCity, Tyath, SeaGrover, ScottyBeamiup. Welcome, thanks for joining, and over on YouTube, Hello Tackle the World. You heard the music, yay. Yeah, the music was playing along fine, and then went, pew, gone. So I'm very happy it's back. Let's see, so next thing I wanna do is say, hey, head on over here. If you wanna check out this week's product pick, and you wanna get a great discount on it, I believe it's 50% off, we'll be taking a close look at it today, but if you want this product, throw it in your cart, and check out before the end of the show, or right around the end of the show, you will not need a coupon code or anything like that. Just head to this URL right here, or head on over to that QR code, and it's got a half off price reflected in the price. So thank you to our products team and Jelly for taking care of that each week. I stashed a bunch of these, I believe, and put them right into the store, right at the beginning of the show. Now this is kind of funny. Typically, at this point, I say, hey, I'll have Lady Aida tell us all about the new product pick, and then I'd go back in time a little bit, like a week before or so, and play the product video, except this is the first one I'm doing on my show here that came out while Lamor was on leave, so we don't have a Lady Aida new, new, new video on this one. I believe I announced it during my live stream on Wednesdays, but I'm not gonna play that. Instead, I'm just gonna talk to you about it live right here, so let me, first of all, show you what I'm talking about. Look at that gorgeous little guy right there. This, right here, is my product pick of the week this week. It is the 5x5 NeoPixel BFF Best Friend Forever for Cutie Pies and Jow Boards. Let's jump down into this down shooter, and I'll tell you what this thing is. I'm gonna put that right there. Let me set one setting. Do-do-do-do, here we go. I'm gonna bring up a camera over here. I'm gonna grab something to point with. So, first of all, you will notice that this is the same size as one of our Cutie Pie Boards or the Seed Jow Board. It has the same set of pins, and it hooks right onto the back of it. So, you can think of this sort of like a shield if you're familiar with that terminology from Arduino or a feather wing from the Feathers, except it goes on the backside of it, kind of like a little hugging backpack. That's what it is. It's belly-to-belly, I don't know. But I'll show you how that goes together in a second. What this one is, we have a few of these BFFs. What this one is, is a set of 25 little teeny-tiny Neopixels, RGB LEDs that are individually addressable. When you connect this to the Cutie Pie, what you're doing is you're connecting up power ground and a data line, which is on pin A3 by default. You can send it commands using the Neopixel Library inside of Arduino or in circuit Python, and light up these LEDs. I'll show you some demos of that in a second. You can also change that pin. You'll notice right here we have, by default, this jumper here is connected. So that's pin A3, it's telling you, which is one of the pins over here, actually. So pin A3 is the default. You can sever that with a little edge of a hobby knife and then solder a blob across either A2 or A1 if you want to change that default line. Or you can use this big, huge in pad right here. You can also use the plus and the minus for ground and voltage there.  And I've got one, let me see, let me grab one of these just for demo, mechanical demo purposes. This one has no pins on it, but this comes with a set of these little header pins. So you can use socket pins on one side. You can solder them directly to each other. You've got a bunch of options. I'll show you a couple of ways I've done that. So there's a typical Cutie Pie right there.  So these go just like that. And the reasoning behind that is that such a small board, we want you to still be able to access the reset. And sometimes you've got a boot and a reset button. See the status NeoPixel on this side. So we don't want to cover all that up. So rather than a shield that goes on top, it's this little belly to belly best friend forever hugging because they love each other. So let's take a look before I go into a demo over at our main page for this. And I'll cover a couple little interesting facts about this. Let me bring up my notes here. What do I want to tell you? First of all, I'm going to refresh this page. Let's see what happens when I refresh that page. We should get them hopefully in stock. We have 51 of them in stock and they are $4.48 right now. So that's half price, a maximum of 10 per customer. And like I said, you don't need a coupon code.  This will run with any of the QT Pies we have and show boards. So for QT Pies, what do we have? A M0, M0 Hackspress, if you add some memory to it. We have the RP2040s. We have a couple of different ESP32. We have the Pico. We have the ESP32 S2, ESP32 S3. I might even be missing some others. So any of those QT Pies, you can hook this to. And grab my notes here. It is 25 of these little one and a half millimeter NeoPixels in the five by five grid. These are actually SK6805 is the type of exact part type of NeoPixel this is. Like I said, it's default is A3. So in your code, you'll tell it that your data inline for the NeoPixels is on A3. You can solder up wires to change. If you have a different pin you need to use other than the ones that are on the jumper, then you can run a little tiny wire up to this in port up on the top there. Just cut the existing trace on A3. This uses by default configuration, it's gonna use the five volt off of your USB-C power but it's fine to run it on three volts. It's also fine, you don't need to level shift it with these particular types of NeoPixels. They're happy to run on five volt power with three volt logic. You can get away with pretty much any combination of three and five volts that you want. So let's see. Next thing I'll do is let me go ahead and give you some demos of this. Jump over to this nice little view here. And I'm just gonna zoom out just a little bit and I'll need to refocus. So what I did was I've, I'll take this apart once I demo it running but I've added a little bit of LED diffusion plastic on the top of it just to make it record nicer on camera. Sometimes frame rates are a little funny on camera and so you're not gonna see this running as smooth as it does in real life but it's running beautifully smooth, buttery smooth. And I'll show you some code examples. So here, over my code view, you can see I've got, this is a variation on some Todd bot Comet code and one of the things about it is lying to it about the number of LEDs you have so that it makes full Comet trails before it loops back around to the other side. So you'll see I'm lying there when I say 40 LEDs. It's actually 25 but that's part of the way this one works. So what I'm gonna do is I'm gonna grab some different code. Here is some code from Jepler and this is available in the learn guide. So I'm just gonna paste that in there and hit save.  Let me try this without actually without the diffuser on that one. Is that clearer? It's a little clearer maybe. It's quite bright but here you can see there's an example here of using Adafruit display text. So this uses the bitmap font, display IO, rainbow IO and allows you to type little messages that can scroll across the screen or individual letters. One of the things you'll notice about this is it's really nice for wearable stuff because it's so small if you put a little acrylic and you don't need a laser cutter for this. I know we often laser cut these things. I cut this piece on the band saw. So you can cut it with a hand saw. You can probably score it and snap it if you need and we sell some of this. This is this LED diffusion acrylic which is smooth on one side and has a little bit of a texture on the top and is translucent. It's really nice for diffusing neopixels. So you can make jewelry with that if you want to. Here's a fancy text code that Jepler wrote and this allows you to do some emojis. So you can see a little heart there at the beginning and you can see in my code there this is heart bitmap which tells you if the pixel is lit or not in a little heart pattern. I think it's sideways. I think this is turned sideways. This is why it doesn't look like a heart the way I'm looking at it right now. And another one we have is this. Actually let me grab this one. This is really cool. So Liz is working on a little weather project that I believe uses an ESP32, S2 or S3 version of the cutie pie. You can see I commented out a bunch of code because I just wanted to use this little test section that Liz included which allows it to run through its little icons, this little weather icon. So she painstakingly created these really cute little icons. I'm gonna drop my exposure real quick on this so you can see it a little better. These look so cute. So these are different weather icons for sunny, rainy, stormy, stormy with lightning, cloudy. There's a little rain with a little purple cloud there. Super cute. In her real version, she's using an ESP32 with Wi-Fi connectivity so it can go off to the weather websites and grab your real info and display the proper icons there and the actual info. Let's see, can you see them like that? Yeah, it's a little blurry. And then the last one I wanted to show, we'll see if this one works for visuals and sound. This was a really cool program that Todd Bot wrote. I saw he had, he had it on running on a different board that was, you can see there it says it was on an eight by eight matrix. I just modified it to run on this little five by five matrix. And what this one gives us is little bouncing balls and you can probably hear these are triggering MIDI software that I have running on the computer and it's just telling it these four notes and when to hit them. So it gives it a little bit of chance as far as the types of note clusters that you get and the order of the notes that you get. And I can turn, let me turn that down real quick. Where did you go? There you are. In fact, I will just close that there. So I thought that was really a neat use for this. You can see here this has a provision for changing the number of balls that you have bouncing around in there. So here's just a little, a little five by five, it's kind of steppy. And I turned down, there were longer comment trails on these, I turned them down. But you can get quite a few on here and they still perform really nicely. It makes just a cute display too. You don't have to do the MIDI triggering. It's also just a really beautiful display that you can see there. So yeah, Liz said it reminds me of one of those engines on the OP1. There's a, yeah, there's a Fates and Norns, the MonoNorns, a bunch of programs that do ball bounce based note playing, which is a lot of fun, this reminds me of that. So let's see, let me throw the rain code back on here again. And you can see just in your normal, normal use, other than me lying to it and saying it, I have 40 LEDs, I'm gonna tell it the truth here. Okay, I actually have 25. And you can see I just, I don't get as much separation between those comment trails. And I think I can change this to dim quickly, right? Oh, wrong way, let's do like a hundred. There you go. So now you can kind of see these 25 neopixels. So it's five sets of five that I have running down there. The way it works is the same as any neopixel thing. So I've got LEDs equals neopixel dot neopixel. I tell it what pin. So in this case, it's on board A3. Number of LEDs, brightness, which I've set pretty low here, 0.1, and then turn off auto write. I'm gonna bring back my original version of that there. Actually, you know what? Let me go back to the bouncing. That one was looking nice. Okay, so let me use this one. And I'm gonna show you a way to make this a sort of more like a wearable or a prop type of thing, which is you want to battery power it, right? So let me switch to a bigger camera view here. And I'll turn exposure back up. So you can see what I'm putting together. I'm gonna try to focus this a little better. Okay, so what I'm gonna do right now, you can see I have this just plugged in over USB-C. I'm using some headers here, header pins and sockets to plug it into my little QT pie. Unplug that. I'll take off that diffusion shield. So there you can see we've got little sockets I put on there, little pins I put on there. By the way, I had a problem with this board, so I actually just severed these two I squared C pins on it, I can't remember why, but ignore those, that's not normal. And this is set up for USB use. However, we do have another BFF and I found a kind of chunky but cute way to add the battery BFF and a battery. And I'm using these long stacking headers in a very particular configuration that allows me to fit one of these little batteries in. I think this is a 400 milliamp hour or a 420, 400 milliamp hour battery into there. The battery BFF has a little on-off switch. I'm gonna flip that to on just cause I can't really reach that very easily once I put this together. You kind of could poke it with a stick, but I'll just turn that on. And then if I can remember the arrangement I want for this, I can plug, let's do it like this. I can plug in my Neopixel BFF there and then I'll plug in my cutie pie right there. So you can see that just powered up. And now we have a cute little chunky blob of jewelry or cosplay prop that you could fit into a pretty small area, right? You can, let me switch over to this view here.  You can spread things out if you need to do jewelry where you hide the battery and keep things flatter, but for a case where something could be chunky, like a little readout on something or if you wanna make a small fake television set for your Legos or something like that, hide it behind the wall like that. This gives you a pretty nice little battery setup and this is a charger here, that battery BFF, so you can plug in USB-C and charge that battery. So there it is in action. Let's take a look over at the Learn Guide now. So here is the Learn Guide for the 5x5 Neopixel Grid BFF. You can see here, I like this actually, I think maybe Liz did this photo using some colored headers. And if you match up the socket and pin sides of these, you can be a little more assured that you plug things in, right, because these are symmetrical, so you can plug them in backwards, you don't wanna do that. I believe we have diode protection on this, so you shouldn't hurt anything, but I wouldn't risk it. So the guide will tell you all of the interesting facts about it. It will give you the pinout, so you know how to connect things both in the sort of most simple way, as well as if you wanna start changing jumpers or soldering to your little inputs there. And then there are examples in CircuitPython and Arduino for using Neopixel Library with this. And then if you head over to the Downloads section, you can get the datasheet on these Neopixels, the SK-6805s, as well as some of the CAD drawings through your models and fritzing for this, and here's the little schematic and fab prints. So let me see, I'll check out our chats and see if we have any questions over in there. Yeah, Todd says, I do that all the time. I blow out pins on them and say, I'm just gonna sharpie that they're bad. Yeah, you can see there, I've got the little red pins there for what I did or I don't remember anymore. Let's see. The AZA asks a question, Neaport, and let me bring up my Discord actually so you can read along. Neaport, how much air gap to leave between the ESP32S2 or the Pico and the BFF? Yeah, I think, I actually can't remember, I don't think I have one of the ESP1s. So those have the processor on the backside. Since these are bottom to bottom in a lot of cases, you don't have the hottest stuff touching because it's not going on to the top. And I think the ESP32 is on the top, yeah. So you should be fine. You might put a little piece of Cap-Ton tape there if you wanna really set them together and just use header pins with no plastic in the middle. You can really get it super, super streamlined down. Liz admits that it was a fun side effect, but not intentional. Yeah, I almost went with those to color code it, which would be kinda cool, but I wanted to use the low profile ones, which then I didn't need to in the end because I put this in the middle of it. All right, well, I think that's gonna do it. Don't forget, head on over to that URL right there. That'll take you to that page where your big, big discount is awaiting you. Hopefully we still have some in stock. Let's see, let me refresh this here. 29 in stock, yeah. So you can grab a few more before the show is over and you'll get your discount. And I think that is gonna do it. So let me grab one and put it into, I kept the bag, which makes maybe that, maybe a little easier for me to grab that off the rack later. That's my product to pick up the week this week. It is the five by five Neopixel BFF for Cutie Pie and Jow Boards. And that's gonna do it for today. So thanks everyone for stopping by for Adafruit Industries. I'm John Park and this has been JPE's product pick of the week. Week, week, week, week, week, week.


Hello my beautiful internet friends, welcome back.  It has been an adventure. We'll just say that. I have many stories to tell you guys. Just now I went to close the window because my neighbor's dog was barking and then this happened. So this is a problem. My cast just fell off. Literally just fell, literally just fell off my leg. I am so tired and so exhausted and I guess the thing to do would be to get the cast back on my leg. So let's try that. What the heck? Well, it's back on. It freaking hurts. I think the thing to do is to call the doctor. I've never had a cast fall off. This was literally put on yesterday because there were complications I had to go to Denver for. Oh man, I hope I don't have to go back. My cast just fell off. What the heck? Ugh. Like, how does, what? How does a cast fall off? Why does my cast fall off? I am exhausted and you can probably see that in my eyes and my face and I'm gonna ice my leg and rest and relax because that was a weird thing to have happened. I hope everything's okay. I'm gonna check in with my doctor and make sure that that is all right, that that happened and that I put it back on the way I put it back on. Fingers crossed. I have many stories to tell you guys. It is now nine days post-amputation and I feel like I could sleep for nine days for all the things that have happened in these past nine days. But the good news is, is that everything looks like it's healing well right now. I'm healthy. I'm alive. I'm safely at home. Two quick things. Since my cast fall off, I learned that little strap there. Was there for a reason? Apparently I'm supposed to have it like belted in to me at all times, which was different from the first time I had my leg amputated because the cast just stayed on on its own, like no big deal. Apparently they cast these differently so they don't. So it's my fault for not paying attention to directions when I was incredibly drugged up in the hospital and I should have had it belted in my bad. Secondly, if you notice anything weird with my residual limb in those shots and you could actually see it, don't worry about it. There is a story about that. There is something weird going on. It's not life-threatening. It's not limb-threatening and it is a story, though. And I will be telling that to you guys in the near future and I'll leave you with that cliffhanger. I love you guys. I'm thinking of you and I'll see you in the next video. Let's start to sing. Hand her from the sky.


This is the Vokon 98 Women's. It's been in our range a couple of years, but the key change we had two years ago is we added a material called 3D glass. So what this is is normal skis have a fiberglass layer in them and it's just a flat fiberglass layer. With this one we've actually got a fiberglass layer which has structure, it has shape. So it's a flat layer with sides on it and that effectively gives the ski a lot more torsional rigidity. It's only added in underfoot along with a layer of carbon to give the ski much more strength on edge hold on more variable snow, harder snow. But it gives you the softness that tip and tell when the snow is soft and slushy. So it's a ski that coats for all conditions really, really well. This is complemented by the 3D ridge which gives the ski its long tunal stiffness. And we also have the thinning of material at the sides to reduce the swing weight. I just ski Roco 98 and it surprised me how nice it works over the whole mountain. I was surprised how nicely it worked in the piece as well and really easy to handle, really good edge grip. Even though it gets a bit slushier down at the bottom, works nicely and just cuts through all the bumps. The wider weight is for 98mm and a bit more rocker in the tip. It just cuts through in the soft snow and just surfs through. It's so much fun to ride it. After trying to ski out, I feel like it would work a lot for anyone that want to go a bit more in the soft snow and play around on the off-piste. But it works nicely over the whole mountain as well. It's so much fun to ride.


The River Forecast Center is involved in understanding what is going on in the provincial rivers across the province. We analyze snowpack information, we look at river levels and we do analysis and forecasting to help predict what is expected in the coming days and weeks. So we have three different levels of advisories when we look at flood warnings for the province. The lowest level is the high stream flow advisory. This is when we expect rivers to be coming up and we may see some low-lying flood issues, particularly in kind of areas adjacent to low-lying creeks and rivers. A flood watch is where we have an anticipation that we could be getting up into flood stage and starting to flood the areas around river banks. When we get to the flood warning we're expecting that either a flooding is happening or is imminent to happen where we're going to see flooding on the areas beside rivers.