The Cavalcade of America, presented by Dupont. This evening the Dupont Cavalcade brings the story of Francis Scott Key and how he composed the Star Spangled Banner, our national anthem, a tune that has inspired during the early days of our country and will always remain in the hearts of generations of Americans. Dupont, a company identified with the earliest days of our nation, presents the Cavalcade of America in an earnest endeavor to contribute something of permanent value and enjoyment to radio listeners and also as a tribute to the research chemists in Dupont laboratories, whose ideals are so well expressed by the phrase, better things for better living through chemistry. The Dupont Cavalcade moves forward. Francis Scott Key was born on August 1st, 1779. His father was John Ross Key, his mother Ann Dagworthy Charlton. One of his young neighbors was a little girl who, like himself, was to contribute poetic, legendary renown to our country's flag, Barbara Fritchie. As our story opens, Francis is 12 years old. He and Barbara and his sister Ann are on the veranda of the sedate Key Mansion at Terra Rubra, a sunshiny day in July. What are you doing out here?  Come on, now you're scared. Oh, listen, Mammy, we're not playing here. Only sitting on the steps, watching the soldiers on the lawn and waiting for General Washington to come out. We'll be as quiet as night. Right, Mammy? We will. And besides, Mammy, father wants us to help with the serviless afternoon. I don't think he'd mind if we sat here very quietly doing General Washington's speech. Now, dear, really, really, Mammy, think so.  All right, then, you can stay out here. But remember, no time for words. I've got plenty to do without having you free off my hands. And I better stern myself and do it. In case of a day, things might get done, that's all. Hey, do you know something for now? Well, I was thinking that when General Washington finishes his speech, the three of us are going to go up and present him with something. Yes, but what? Let's pick some of these honeysuckle and they'll know you to grow about the verandah. Yes, we'll do that. You can give them to him, Frankie. Me? Well, not. That's a girl's job. Oh, but you can say something much nicer than we can. Come on, Ann. Just start picking the bouquet. All right. Yes, but why should I have to do all this? Here comes General Washington with your father now. Look, the officers and men have put on their hats with the cockades of the Continental Army. Oh, they love him, don't they? Of course they do. My countrymen, I am delighted to greet you in the midst of this beautiful Maryland countryside. But before I depart, I want to thank you and the people of Frederick County for the devotion and support I have always received from you. And now I must be on my way. So once again, accept my gratitude and farewell. God bless you all. Greetings to General Washington. Okay, Frankie. Come on. Let's go up and give it to General Washington. All right. Give it to me. Now I really want to present it. Remember, we're going to stand beside you, Frankie. Go ahead now. Go ahead. General Washington. General Washington. Yes? We've gathered these flowers for you as a token of Maryland's love for you. And so, so we present them to you. Here. Thank you. A very pretty speech, my lad. And a very pretty bouquet, too. Barbara and I picked the flowers, General Washington. Well, that's mighty nice all around. Are all these children yours, Lieutenant Key? No, not all of them. I'm sorry to say, General Washington. This is Barbara Fritchie. And this is my daughter, Anne. How do you do, General? Well, I'm delighted to meet such lovely girls. And this is my son, General Washington. My son, Francis Scott Key. How do you do, sir? In the shadows of the verdant Maryland hills, beside the flashing crystal of its sparkling brooks, the boy Francis Scott Key grew to manhood. On January 19th, 1802, he married Mary Lloyd and moved to Georgetown, where he entered into a law partnership with his uncle. On one occasion, when they returned to his father's house, the Key served a banquet on the veranda of the mansion for their friends, Dr. Beans and Roger Brooke Tawner. Well, dining on the veranda is unusual, but the occasion warrants it, I think. It was a charming idea, Mrs. Key. I'm sure I speak for all your guests. Well, Dr. Beans indeed speaks for all of us, Mary. The news that Stephen Decatur routed the pirate to Tripoli demands a festive celebration of some sort. Wasn't it wonderful, though, Francis? It must have been wonderful, Mary. When Roger Brooke Tawner agrees to any kind of unusual procedure, it must have been wonderful. There's a faint sentiment of amusement in your tone, Frank, which I find myself wholly unable to support. Spoken like the true lawyer and the great judge, I'm sure you're going to be some day. Some day? I'm not a judge, of course, but I'm trying to be a lawyer now. Did you two ever stop teasing each other? Did you ever see the light of a Dr. Beans? Oh, pay no attention to the Miss Key. Roger Brooke Tawner finds himself on the Supreme Court yet. I'm sure of that, and so is Francis downbeat. Oh, Francis, look, the fieldhands are coming across the lawn. Of course they are, my dear. I've asked them to sing for us. They're singing is famous all over Maryland. I know. I don't want us to sing now, Miss Key. Yes. Now listen, everybody. All the trouble I see. All the body knows the trouble I see. Scribbling on an envelope all during the singing. Oh, Francis. I couldn't help it. I failed at thinking about Stephen Decada's victory, and I made up a little verse about it. Would you like to hear it? Oh, yes, yes. By all means, Mr. Key, let us hear the verse you've written. I wonder, do you all know the old tune to an acreon in heaven? Of course, you remember, Frank. We used to sing in college all the time. To an acreon in heaven, where he sat in the hands of harmony sense of... He was a Greek poet, my darling, and after his death his fellow poet set him up as a kind of demigod. I think Frank is one of the disciples. Well, I've just written a few lines commemorating our victory at Crippleley, which may be sung to that air. Here are the words. You sing it, Rod. Oh, I try. Our fathers who stand on the summit of fame shall exult of their sons the present. It's plent by the light of the star spangled flag. Spangled flag. That's good, Mr. Key. That's a fine description of our national banner. Yes, it has a glitter to it, Francis. Well, thanks. I fancy it myself. Go on, Rod. You finish it. By the light of the star spangled flag of our nation. Now, and don't change the key, Rod. It's a hard tune to sing, even if it is one of my favorites. Now, let me finish it anyway. By the light of the star spangled flag of our nation. In the full tide of song let their fame roll along to the fees flowing board let us gratefully strong. Come on, everybody. Gather around so you can see the words. Now, all together. When makes will be. He wrote the words that were to bring him fame. Francis Scott Key was already composing verses to the tune that was to become our national anthem and using the phrase, star spangled flag. Continuing the practice of law, Key distinguished himself on many occasions before Chief Justice John Marshall and the United States Supreme Court. Then came the night of August 24th, about 1814, one of the darkest hours in American history when the British burned the city of Washington. Key's wife, Mary, and his sister, Anne, now married to Roger B. Tawney, worried at the absence of their husbands, watched with frightened eyes from the windows of the Key home in Georgetown across a bay of the Potomac River. Oh, I'm frightened, Anne. I'm so worried. So am I. Mary, I've tried to assure myself that we'd hear if anything were wrong. Are those hoop-beats or is that not on their dimension? Somebody's riding up the road to the house. I hear two horses. We can't tell who it might be. Dear, take this muscadine. All right. Don't be afraid to use it. You're safe. Of course I'm safe, dear. Oh, now, there, there, you must be crying. Why are so long? Where are the President, Mrs. Madison? The President escaped in the cabinet in flight. And Mrs. Madison barely had time to save a portrait of Washington before Coburn's Marines burned the White House. Everybody's left the city. Well, are we safe here? I hope so. I was never so tired in all my life. Sit down over here. Right by me, dear. There, now. What's that? Well, I'll have a look out the window. I can see a whole crowd of Marvel people coming up the road. The British. No, they've marched with drums and martial music. Well, let's go out on the porch and find out what's up. All right. Be careful. Don't be afraid. It's all people. Only one of you. Say he had some of the British soldiers arrested. They're going to make an example of it. Colonel Skinner, the doctor's an old man. We've got the girls over to the old mansion at Terra Rubra. They'll be safe there. We haven't time to argue, Roger. Please do as I say. Goodbye, Mary. I'll be back as soon as I can. Oh, Francis.  The city of Washington sped Francis Scott G. Too late, he and Colonel John Skinner reached the home of Dr. Bean, found the place deserted, with mute evidence of the doctor's capture. And so, after conferring with the Secretary of War, James Monroe, the two men embarked on the flag of truce for his majesty's ship, Tonam, flagship of Admiral Coburn's fleet, drawn up to lay siege to Fort McHenry. We find them discussing the matter of Dr. Bean's release with the admiral in his cabin. Gentlemen, I'm of the opinion that instead of permitting Dr. Bean to go, I should have the scongrel hang from the odd arm. You know, we urged the group of his townsmen to throw some of our British soldiers into jail. But don't you realize that those men were behaving in a most outrageous fashion?  They weren't soldiers that day. They were marauders, Admiral Coburn. The Bean's only took precautionary measures, Admiral. That's absolutely all. And I think, sir, you ought to show some leniency in this matter in view of the doctor's impartial treatment of British wounded, as well as Americans. The man is old, Admiral. And unless outrageously provoked, I would say he's the most peaceful of our citizens. Well, as I see it, we gain little by holding, Dr. Bean. All right, gentlemen, I'll see that he's released. Thank you, Admiral Coburn. Then we'll return to shore at once. As to that, I'm afraid it will be most unwise, Mr. Keegan. We must take all steps to prevent any information about our position here, naturally. We must have observed certain preparations on deck. Yes, we couldn't help noticing a certain activity. Yes, quite so. That's why I'm going to detain you during the bombardment of Fort McHenry. I'll transfer you both and Dr. Bean to my son's ship's surprise with duration detection. You will be put ashore after we capture Baltimore. Capture Baltimore? Aren't you taking a lot for granted, Admiral? Where you're standing, Mr. Keegan, you can easily see out that portal there. Yes? Well, perhaps you can see that flag over the battlements of Fort McHenry. Yes. Looks rather proud flying there in the sunset. Well, Mr. Keegan, proud as it may look to you now, tomorrow morning you won't see that banner over the fort. So take a good, last look at it. In the quietude of sunset, Keegan, Skinner, and Dr. Bean rode through the purpling waters of the harbor to the British ship's surprise. As the sun dipped beneath the horizon, the Americans standing near a gun will begin a lonely vigil to watch their country's flag. The British frigates reeled as front-side after front-side thought to cross the harbor, lighting the night with fire. Then, some time before dawn, on the morning of September 14th, 1814, silence fell over the harbor. Can it be that the fort held out? I don't see how it could. That was a terrific cannonade. I've screened my eyes pretty nearly out of this socket, so I'm not trying to see that flag. I couldn't see it at all. I could see it once in a while through my telescope. If the fort falls, what do you suppose they'll do to us? I'm not thinking what it'll mean to us. I'm wondering what it'll mean to the United States. Washington burned, Baltimore in the hands of the enemy, and don't even suggest it, Skinner. We have to face the facts, man. The bombardment seems to stop. Perhaps they've captured the fort. Perhaps the British have given up. If that flag is still waving, we haven't lost, and I won't lose hope. I wish I had your optimism, Prampton. Seems to be getting lighter. Yes, it's the dawn. Now we're noble. I can see the fort now, I think. Yes, come over to the rails. Look there, Key. How about the flag? Give me your telescope, Skinner. I'll see for myself. Yes, yes, it's there. It's still flying. The fort's held out. The attack on Fort McHenry had failed. Key and his companions went ashore. After they separated, Key went to a hotel, for he perfected certain notes he had taken, fashioning them into the ringing verses of a star-spangled banner. Before the day was out, hand those of the poem circulated throughout Baltimore, and late that night in an old inn near the Holiday Street Theater in Baltimore, everything's gonna be all right now, as long as Baltimore's safe. Yes, I guess we should have a moment of business at McHenry. Hey, any of you boys see one of them handbills about the flag? No, I don't know what it's for. What handbills? Well, where you been all day, stranger? I just got in town this afternoon. I didn't see any handbills about the flag. Well, somebody's written a powerful poem about our flag. Here, I got a copy of it right here in my pocket. Sure, it's to him. All right, let me see it. It's called the defense of Fort McHenry. And here's a four-word printed at the top of the handbill. Listen, will you? Everybody listen, just a minute. The next song was composed under the following circumstances. A gentleman had endeavored under a flag of truce to obtain the release of a friend of his from the British fleet. He was not permitted to return, lest the intended attack on Baltimore should be disclosed. And was compelled to witness the bombardment of Fort McHenry. He watched the flag at the fort through the night with an anxiety that can be better felt than described by the light of the bombshells. And at early dawn his eye was again greeted by the proudly waving flag of his country. I see, and the poem follows, eh? I see it. Oh, say can you see? Yes, it can be sung to the tune of a necrion in heaven. You know that song they've been singing so long around the colony. Sure, everybody knows the tune. I used to hear my father sing it. He used to sing it in England. Yes, the author must have known it. The rhythm of the words fits the tune perfectly. Free and the home of the brave. That's great. What a poem. Who wrote this anyway? Yes, we all noticed that. The author didn't sign his name. Must be a pretty modest fellow. If I'd written anything as fine as that, you can bet your boots I'd sign my name. The soldiers at McHenry told me a fellow named Key wrote the poem. Key? I wonder who he is. I know him? He's a lawyer, great son of Frank Key. He took a case of mine once, but I couldn't get him to let me pay a fee. That's the man, all right. Captain Nicholson over at the fort knows him well, sort of a relative of his. Well, I sure like to shake his hand. Well, you can. He just came in the inn. See him over there talking to Ferdy Durang? Well, I wish we could get him to stop at our table here. The only way to do it is to ask him, uh, Mr. Key. Yes? Oh, hello, Taylor. I do. You all know Ferdy Durang, don't you? Oh, yes. Mr. Key. Yeah? Will you answer a question for us? Well, if it doesn't incriminate you. No, this one won't. Did you write that poem about the flag, the one on all those handbills? If I answer the question, will you all do something for me? Why, yes, we will. All right, then. I did. Well, certainly wonderful, Mr. Key. Now, uh, here's what I want to ask you to do. I've never heard it some. Well, uh, gentlemen. Gentlemen, Mr. Francis Scott Key is with us tonight. We've just found out from him that he wrote the poem about our flag. He watched it during the attack on McHenry. What do you say we all sing it for him? Uh, Ferdy Durang is our best singer, so he'll lead it. We'll all join in the refrain. Joe, you play the fiddle. All right, Ferdy. Get up on that chair and sing us the song of the Star-Spangled Banner. The portion of the people of this country to our flag is no better symbolized than in the fervent stanzas of the Star-Spangled Banner. More than a century has elapsed since it was written, but it has always remained in the hearts of American citizens as the official national anthem, although it wasn't until March 3rd, 1931 that it was so designated by a special act of Congress. Francis Scott Key died January 11, 1843. Fort McHenry became a national shrine, and on the 100th anniversary of the composition of the Star-Spangled Banner, a red, white, and blue boy was anchored in Baltimore Harbor near the spot where the song was written. This evening, Jupain pays tribute to our national flag and to the ever-living memory of the Patriot, who immortalized it in the Star-Spangled Banner, Francis Scott Key, inspiring leader in the cavalcade of America. From the past to the present, we quote from a recent newspaper item. Fort Madison, Iowa. A new manufacturing unit to supply the Midwest area with paint, the enamels, and industrial finishes will soon be put into operation here by the DuPont Company. And here is still another newspaper announcement. San Francisco, California. The Sao San Francisco paint and varnish plant at the DuPont Company, which started operations here two years ago, is being expanded by the erection of additional billing. And so it goes. Another industry moving forward. More jobs being created in plants built to make new and better finishes for America's needs. And behind it all is the work of the research chemist. From fine lacquers for dolls and vanity cases to paints for homes and the rugged Ducco and Dulux finishes required for automobiles, locomotives, and ocean liners, that's the range of finishes now made by DuPont. Twenty years ago, DuPont had only one paint plant. Today, seven DuPont plants in seven cities are making finishes for every purpose. These plants are really local industries, manned by local people and serving territorial needs. That they exist today and employ thousands and are still expanding is due largely to constant chemical improvement. DuPont finishes are tested in laboratories, on outdoor exposure farms, and in actual use under all conditions to ensure their resistance to the severest kind of punishment. And in many cases, increased demand and improved manufacturing methods have enabled DuPont to maintain its policy of passing savings through cost reductions along to the consumer. This means more factories and more employment, which helps everybody in the country. It also means new and improved products at constantly lower prices. This is what the DuPont company means by its pledge, better things for better living through chemistry. The story of Oliver Wendell Holmes, a portrait of an American poet, physician, scientist, and humorist, will be the subject of our broadcast when next week, at the same time, DuPont again presents the Cavalcade of America. This is the Columbia Broadcasting System.


We're now going to take a look at a new form of cycle quite a bit different from the heat engines we've been looking at thus far either the gas or the vapor cycles. We're now going to move into the area of refrigeration and refrigeration cycles and what we'll do is we'll ask the question if we were to take a heat engine and put work into the heat engine would we be able to transfer heat and it turns out the answer to that question is yes and that is the basic premise by which a refrigeration cycle works but it's essentially one whereby we put work in and our working fluid going through by rejecting and absorbing heat we can actually transfer heat and that becomes the idea or the premise behind the refrigeration cycle so that's what we're going to take a look at in the next few lectures. So the question that we're asking here is if we put work into a heat engine will we actually be able to reverse the direction of heat flow so that is what we're going to take a look at but in order to start that what I'm going to do is I am going to ask a question and that question is what happens if you expand a compressed gas because that is kind of fundamental to the whole idea of refrigeration cycles and so what we're going to do we're going to take a look at a quick video of the process of compressing a gas and then expanding it and we'll take a look and see what happens so let's watch that now so what we have is a standard compressor we have it compressing now on the right hand side you can see the pressures within the tank and the regulator and on the left hand side you get a view of the compressor itself as we flip around you're going to see that first of all there's the muffler there's the crankcase and the piston cylinder device there's a copper tube coming out with fins on it that is the compressed air coming out of the compressor which is then flowing into a tank the reason we have those fins is because compressed air gets hot or compressed gas and we're rejecting the heat by placing those fins on the copper tube running to the tanks there are two tanks that are connected together and we can see on the right now we're at 100 psi the regulator peaks at 90 psi because that's what it's set up the pressure continues to go up to 120 and eventually we get to 130 psi and the compressor shuts off we let it sit for a while so it cools a bit and then what we do is we open the tank valve we do a rapid decompression and you see first of all there's water that's fermentation from the air and then there's a little bit of white stuff there and what that white stuff is that's actually ice formation so when you rapidly cool or sorry rapidly expand the compressed air it cools and you even get to the point where you get ice formation so that is the essence or the fundamental component within any kind of refrigeration cycle we compress the gas we cool it we expand it and after we expand it it gets cool we absorb heat and then we would compress it again so in a real compression cycle it wouldn't have ended like we saw there we would have had it in a continuous or closed cycle and and so that would be viewed as being a gas compression cycle there are others that will look at which are vapor compression cycles where the fluid is going through a phase change so that's what we're going to look at in the next few lectures so these are the ideas behind refrigerators the refrigerators are devices we all know what a refrigerator is because we all have them in our homes for keeping our food cool however we can extend that even further to applications such as air conditioning for a house it's it's the exact same cycle between the refrigerator or an air conditioner and then there are industrial cooling applications that we'll talk about in a later lecture so we have refrigeration but we can also transfer heat in the form of a heat pump now with a heat pump what we're doing is we're trying to provide heat to a location instead of cooling a location so in the case of a refrigerator we're cooling in the case of a heat pump we are heating but they use pretty much the exact same cycle now there are two main forms of refrigeration cycles that exist so we have vapor compression cycles whereby the working fluid goes through a phase change and we have gas compression now the one that I showed you with the Makita compressor that was essentially a gas compression cycle had we not exhausted the air into the atmosphere but actually had sent it through some coils we could have achieved some cooling through the process so those are the two different types now when we're talking refrigeration you'll hear about the units of refrigeration quite often we'll be looking at mass flow rates and heat transfer and kilojoules per second or kilowatts but there is also a commonly used unit of refrigeration and it is referred to as being a ton and so a ton of refrigeration corresponds to freezing 907 kilograms of water at zero degree c into ice at zero degree c per day so it's going through the phase change process and that is what we refer to as being a ton if you're buying an air conditioner for a house for example quite often they'll say it's two or three tons and that's what they're referring to with that specification that potentially could be used a little bit more north america than perhaps asia i've looked at air conditioning systems in asia and they usually just have kilowatts as being the units of refrigeration there but nonetheless ton is quite common and it's it's used quite extensively we also have refrigerants and what a refrigerant refers to is the fluid that works within the refrigeration cycle that we're considering so a refrigerant is the working fluid within our cycle and it is what is absorbing thermal energy and then transferring it to another location as it goes through that process and there are many different types of common refrigerants in existence so what we do we have the chemical formula for whatever particular refrigerant we might be looking at and i'll write that out so that is the first one this is called r12 and commonly it had a trade name called freon now we don't use this anymore because what was happening is it was going up into the upper atmosphere and was destroying the ozone layer so that was r12 and h3 is ammonia and it is labeled as being r717 that is used more for commercial applications air like we saw in the opening video clip that is r729 and another one c3h8 this is actually propane gotta be somewhat careful with that because it's explosive but it as well has its own refrigerant number so the one that we'll look at mainly in this course we'll look at both gas so we'll look at air and we'll also look at another refrigerant r134a and that's a common replacement to freon r12 because it's more ozone friendly so that's what we're going to be looking at refrigeration cycles in the next few lectures


QuickBooks Online 2022 bank reconciliation month number two deposits. Get ready because it's go time with QuickBooks Online 2022. Here we are in our get great guitars practice file we set up with a 30 day free trial holding down control scrolling up a bit to get to the one to 5% currently in the home page otherwise known as the get things done page review if you want to change to the accounting view you can do by going to the cog up top switch to the accounting view down below we will be toggling back and forth between the two views either here or by jumping over to the sample company file currently in the accounting view going back to the get great guitars opening up a couple tabs to put reports in by right clicking on the tab up top duplicating that tab going back to the tab to the left right clicking on it again duplicating another time as that is thinking let's see where the reports are located in the accounting view over here in the sample company they're in the reports on the left-hand side that's where the whole that's where the reports live they spend their whole life there unless QuickBooks tries to change where their home is in any case over here in the other view they change their home it's in the business overview under that other place so we're going to then close up the hamburger going to close this thing that they keep on giving me up here get out of here and then we're going to open up the balance sheet let's open up the big balance sheet do the range change up top from 0 1 0 1 this time I'm going to take this to 0 22 that's the same didn't do anything different there 0 2 28 22 the end of the second month of operations that's where the new stuff is happening let's run it and then go tap to the right tap to the right business overview on the left reports close on the hamburger profit and loss P and L the two faves going up top range in the changing from 0 1 0 1 2 2 to 0 2 28 22 let's do our month breakout over here to switch things up to the month by month and run it so we can see the side by side January February the Jan the Feb the tote we're working on Feb at this point in time but mainly focusing on the balance sheet account of cash so we did the bank reconciliation for month one last time which was a little bit more difficult often is in practice because you often have that beginning balance kind of issue because you often have transactions that you put into the system before you started putting the information into QuickBooks we talked about that last time after that point then the reconciliation should be easier so this reconciliation process should reflect the process going forward for the rest of your bank reconciliation kind of experience but it's also a good tool to see the second month because we'll clearly be able to see the outstanding checks that happened in month one the one outstanding checks and deposits the ones that didn't clear that now are going to have an impact in month two most likely clearing in month two so we're going to be reconciling here as of the cutoff date of February 28 2022 this is what is in our books it's not going to typically tie out to what is on the bank statement due to the fact that we're gonna have reconciling items outstanding checks and deposits if we're recording our information separately then what is recording from the bank in other words if we're dependent for example on bank feeds and we're just recording our books simply from bank feeds instead of integrating the bank feeds into our accounting system that might be a little bit more complex than that possibly because it's an accrual system or one in which we want to be tracking the transactions in our account using like register sales receipt type of transactions then you're gonna have those reconciling items if you were just to use the bank feeds and build your books from the bank feeds you wouldn't have those kind of reconciling items but you would still want to reconcile to make sure that you haven't admitted anything you didn't get the bank feed transaction for whatever reason and or you haven't entered things twice and doubling up on the bank feed transactions okay let's go on over to the bank statement here here's the bank statement for the month of Feb so it looks similar but it's starting out here you can see at the 61 24185 if I jump back on over to January that was the ending balance I know that number I've seen that number before it was 61 24185 ending balance at the end of Feb beginning balance at the beginning of January well how does that relate to our books in QuickBooks it doesn't tie out of course to what is on the balance sheet here but it does tie out to the cleared balance that we put in place which we can track with the bank reconciliation little widget thing on the left hand side so let's go to the tab to the left and let's do another reconciliation which is in the bookkeeping area going into the bookkeeping if you were in the accounting view by the way it would be located under the accounting tab and then reconciliation here it's under bookkeeping and then reconcile reconcile and then close the hamburger and so now I'm inside of the next reconciliation you can you got this little path up top so if I went to the bank register for example that hold up let me open up the hamburger again go back down to the bookkeeping and then I'm going to go into the reconcile and so there's our reconciling items closing up the hamburger you also have the summary items on the right hand side and that's where you could go and see the last bank reconciliation here so now I'm going to go back and toggle that back on over to reconcile and do the next reconciliation which is still in the cash account in essence the checking account we've got the beginning balance the 61 24185 notice I can't change that it's it's static in there that's where our problem was in the beginning balance for month one that we don't have a problem any longer that problem is gone 61 24185 no problem then we're going to have the ending balance 101 590 05 this is going to be 101 1590 05 is that right 101 590 05 101 590 05 yeah it's right you're right yeah you're right so it's going to be for the end of Feb so I'm going to go into Feb I'm working in the future in my problem hopefully that won't cause a problem and then we have the items down below the service charges and the interest typical items that might be on the bank statement not on our books that we could add as we go in here but I don't like doing that because I like to basically it kind of confuses me I'd like to take and tie everything off and then enter those transactions directly into the register so that's what I'm going to do so I'm going to start the reconciliation process let us begin so here we have the reconciliation stuff up top like we saw in month one we've got the ending balance and that should tie out to the ending balance here that's going to be the not the 101 590 for the bank statement then we have the subtraction of the beginning balance so so we're going to basically match out our reconciled items to what is on the bank statement we're starting out with the beginning balance so if I go on back on over here this number basically works that reconciles right there that's great that's where the problem was with month one don't have that problem in month two so it'll be easier then we have the payments and the deposits we don't haven't checked anything off these will be added as we check stuff off on down below that means we currently have a difference between the cleared balance and the statement ending balance of this amount that we want to get down to zero to reconcile noting however that the cleared balance getting down to zero is not the bank reconciliation report because the stuff that we don't clear click off are still legitimate transactions those are simply unclear that's what QuickBooks will make the bank reconciliation based off of so let's close up this little carrot so we have a little bit more room down here we went over the filters last time the main filters you're going to be looking at are the payments and the deposits to kind of sort your items down below you also might sort by reference number for example instead of date but date would probably be the most common use of the sort team we're going to go into the deposits and just tick and tie off the deposits remembering that if it's on our bank statement if it's on the bank statement but not on our books then we're most likely going to have to add it to our books if it's on our books but not on the bank statement then it could possibly be an outstanding item and and it could still be a legitimate item therefore it's easier to think in your mind that you're going from the bank statement to the books because that is if it's on the bank statement it should be on the books everything on the bank statement will be on the books so it's a little bit easier to go and think about it in your mind that way also just remember that the deposits are comprised of the bank data has the date and it has the amount at the minimum and so the date should be more relevant with the deposits because you probably made the deposits either by depositing directly into the bank or by basically electronic transfers therefore the date should be pretty close to when it got processed and when you entered the actual deposit so that date is going to be more relevant than possibly if you were using checks for example where the date it cleared could be much different than the date that you put the money in if you have electronic transfers as opposed to just depositing say cash for example then you could have a memo as well that could give you more information about like the customer for example that could make things a little bit easier to take and tie as well and these amounts should tie into what is on your side of the books if they don't if you have to tie things together if you have to add multiple deposits on your books to match up what is on the bank statement that's an indication that you are not appropriately using the clearing account of undeposited funds or deposits or you know the things to be deposited whatever they call the clearing account now in other words if you're receiving the payments here or you have to create the sales receipts here and you're basically putting them directly into the checking account at this point in time that can work but only if the the you're not basically when you when the actual money hits the bank it's not being grouped in with multiple sales receipts and multiple received payments at the same time which it would be if you're for example collecting cash and then depositing the cash physically into the bank from multiple sales transactions or if you have credit cards for example which will most likely group multiple sales transactions and deposit them into your checking account in one lump sum if that is the case then you want to use the clearing account you want to figure out some system possibly using the clearing account on deposited funds or deposits cash to be deposited or what do they call it in order to then group your deposits in your books so that when they hit the checking account they're grouped in the same format making the bank reconciliation process a lot easier and so then it should be a really easy process if that all lines up here and we could just say okay I'm going to look for the 3417250 and I'm going to go back on over here and say okay there it is 34347250 check it off check it out check it off and maybe I can get rid of this memo line let's see I can also hit the drop down and say I don't really need the memo line does that make it easier to look at a little bit a little bit maybe I can scroll up a little bit okay and so then I'm going to go down I'm going to go down here again and say how about this is the wrong one I'm on February let's make that one yellow let's yellow rise it it's been yellow-rised 12 1250 121250 going back on over to 12 1250 check it off there it is and then yellow-rised it yellow-rised 450770 also note that the dates are on 2 1 and 2 5 when it cleared here and if I go on over to the bank statement they we wrote them on 125 so this last one this one was the one we wrote in January which was unclear as of January it wasn't part of the cleared items it cleared in February so it was part of the balance in our balance sheet as of January and that's why it was one of the reconciling items in January so if I went to the reconciling report just real quick this was the reconciliation we did and I was to go and say look let's see the outstanding deposits outstanding deposits was right there there's the 347250 which was a reconciling item last period and this period it clears that's what we expect to happen this one was written of course in February okay let's go back on over and say the next one's<PHONE_NUMBER>70 there it is check it off Roger that it's been ticked off be careful of that one it's ticked off and then we're going to say 228750 750 so 750 this one was written on where we put it in place on 225 it cleared 228 you would expect to be like kind of within three days and if we got our dates wrong on the practice problem that just it should be around three days you would think right so 400 228 228 400 one more there it is check it off it's ticked off be careful that one's ticked off I'm jumping in from the future here just to note that we ticked off the wrong item we ticked off the 200 instead of the 400 we will figure this out and the following presentation after we do the payments so at this point in time you can either take off the proper amount or you could follow along with us and we'll be off by basically the that $200 until we reconcile that or find that when we get to towards the end of the bank reconciliation next time okay so now we've got those in place and now we've got some items that haven't been ticked off that are still in that that are over here and that's okay because we would expect them to then clear in the following month so so it's the same thing that we saw in January except now we can get a better example of how these unclear items are happening on both sides of the cutoff the January cutoff or at the beginning of the month I mean February 1st cutoff or January 31st cutoff is this one which was outstanding unclear before reconciling item which cleared now in the current period and then we have these two items which are going to be reconciling items at the cutoff at the end of the period to 28 February 28 in this case two checks that have been written or not checks to deposits that have been made which have not cleared and so we're going to be able to check them by seeing if they cleared in March which we can do now given the fact that if we're reconciling for February we will be doing that process sometime in March so I can look at the bank statement to see if they cleared if they have great they're just going to be a reconciling item when QuickBooks creates the bank reconciliation when we finally hit the green button up top saying we're done it will then reconcile those items as part of the difference between what's on our books here and what's on the bank statement in terms of the ending balance okay I'm going to zoom back out a little bit that's where we stand at this point in time I'm going to save it for later and we'll go on to the decreases next time it's going to be great so don't don't miss it


This is covering the spread part of the Fandall podcast network We have got a delightful matchup on tap for Super Bowl 58 is the Kansas City Chiefs take on the San Francisco 49ers it is playoff Padma Holmes taking on Kyle Shanahan and the Death Star that is the Niners offense and I Couldn't be more pumped up for this game now It's a bummer for the Ravens and Lions fans because those two teams were awesome this year and Had a couple of things gone their way may have had themselves in the same spot as well But these two teams Mahomes versus Perty and all those Niners guys is going to be a lot of fun to break down for today We're gonna give my first look at this matchup Let you know what my number say about the spread in the total and let you know where I see valued Fandall sportsbook And as a teaser I do see value in both the side and total for this matchup So let's dig in and get you ready for our first look at Super Bowl 58 Welcome on into covering the spread. That's right here on the Fandall podcast network and Fandall research My name is Jim Saunders. I am a managing editor of digital media for Fandall research here to give my first look at Super Bowl 58 Between the Chiefs and the Niners let you know where I see value based on the opening lines over at Fandall sports But we'll dig into all that here in just one second But first a reminder to make sure you're subscribed to covering the spread wherever you get your podcasts in addition to this First look for today. We're gonna have a full week of Super Bowl coverage next week You're on the show Monday through Friday talking everything from we're gonna talk live betting. 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Hope is here for the gambling helpline ma.org or call you 100 3 2 7 50 50 or 24 7 supporter Massachusetts or call 1-8778 open Y or text open Y in New York Let's dig in now to the 49ers versus the chiefs over at faddle sports book for Super Bowl 58 And this has been a fascinating game to track from a betting perspective Since things open yesterday the lookahead line was the 49ers minus three and the total was 47 that reopened during the chiefs Ravens game yesterday at the At three so it was the 49ers minus three at that time It stayed there for a bit But when it reopened during the Niners Lions game It was a two and a half then it went to two and then it went all the way down to one It did briefly get back to two and a half But it is since settled in at the Niners minus one and a half and it's held there overnight So it looks like that's where our consensus line will be to start is the 49ers minus one and a half There are some ones out there. So overall there has been a lot of interest in the chief side in this game You look here at faddle sports book. You'll see That's 70% of bets are on the chiefs and 70% of the money on the spread is on the chiefs as well So again a lot of interest in the chiefs from the betting public in this game Let's dig into what my numbers say about this one after including yesterday's games The 49ers are still by a wide margin The best team and the best offense in football again just by my personal numbers numbers are not everything They did us some very good luck yesterday Balls bouncing off guys faces stuff like that and there were some issues But the overall efficiency numbers for the Niners once again were really really good If I were to make no adjustments on the chiefs and their offense They would rank eighth in my offensive power rankings as it stands right now But obviously our eyes tell us that's not that's not good That is not an accurate representation of this offense because in part it does include week 18 When they sat a lot of guys and that's gonna get tossed out regardless. So toss out week 18 But then we've also seen this offense really click during the playoffs Patrick Mahomes is a 0.24 passing net expected points per drop back during the playoffs League average during the regular season was 0.08 and Mahomes was a 0.10 During the regular season himself as well So it's very clear the chiefs offense has figured things out as things have gone along And I do think that's a more relevant sample and as a result We need to give the chiefs offense a manual bump up to account for the fact that they're just a better team right now than they were Back in week 10, I guess they're on a bi week 10 week 11 or whatever it may be They're a better team now than they were and we have to give them a bump up I just can't justify not giving the chiefs a bump up with how they've looked through three postseason games The defense is also really good for the chiefs And I think they're actually better than the Niners might never say the chiefs as a fifth-ranked defense when you include the playoffs whereas the Niners are 10 and The Niners are especially struggling against the run a lot of times that doesn't matter because they'll get a 10-point lead And you can't run the ball at that time. So this is a defense that has struggled against the run but now you're putting them in a neutral script where a team could afford to run the ball deeper in the game and That's gonna cause more issues for them than they typically see So the chiefs offense gets a bump up and their defense is potentially at least by my numbers better than the Niners as a result I understand why the betting public is so high on the chiefs in this game and Why would you want my homes to be an underdog once again? So I get it I just can't get my numbers to align with it even with those adjustments We were discussing for that reason. I am on the 49ers for this game. It sucks to bet against Patrick Mahomes I do not enjoy that. I did that and having the Ravens money line yesterday. So It stinks when you watch Mahomes and you bet against him you ask yourself What on earth was I thinking and when you watch the Niners at times on Sunday? You ask yourself why I would bet them specifically against Mahomes as well. I just think this offense is too good for the Niners Right now the chiefs are a strong team against outside wide receivers And that's fine because you can slow Brandon I you down if you want to but the 49ers still have Diba Samuel George Kettle and Christian McCaffrey they have answers where the chiefs are strongest and They can exploit the chiefs weakness against the rush now It's not as big of a thing during the playoffs Chris Jones gonna push for all four quarters Whereas he may not during the regular season You see a different level to Chris Jones against the run then you may at other times during the year But my model is much closer to where the market open with the Niners minus three Then where it is right now with the Niners minus one and a half So as terrifying as it is to bet against Patrick Mahomes once again I think we do need to do it based on what the market is saying right now at Fan dual sports book The question is do you go with the spread or the money lines? Let's kind of talk through that decision here because the spread is minus one and a half at minus one of six at Fan dual sports book And the money line is minus 118 So the implied odds at minus one of six are fifty one point five percent versus fifty four point one percent implied at minus 118 I know I'm not asking you to do math I'll do the math for you I'm just asking it laying out the numbers here and kind of going through the thought process of do I go Spread versus money line. I actually apply the same thought process to the chief So you want to bet the chiefs? I'd go through this same kind of exercise to decide if you want to take even money on the money line or Take the plus one and a half for them, which is minus 114 right now It's the gap between the the implied numbers for the Niners spread and their money line is 2.67 percentage points So in order to take the money line You would need to say the game lands on one point where the Niners went by exactly one More than 2.67 percent of the time Overall games land on one just about four percent of the time It's a bit north of that But only about half of those times to be a win for the Niners because the chiefs can also win by one point So we're pretty close to 2.67 once you make those adjustments And that could say just lay the minus one and a half and lay the minus one to six there When I look at my model specifically what I have teams that are favored by roughly the same amount as the Niners are in my model They've actually won by exactly one point three point six percent of the time. That's an 83 team sample So it's pretty small But that methodology would indicate that it's better To take the money line than lay the points As a result that is how i'm going to play things right now and i'm going to go With the money line person i'm going to take the Niners money line at minus 118 Instead of the spread here. I am paying minus 118 instead of minus 106 to lay the one and a half, but to me That's a good trade-off given the non zero odds that the Niners do win this game by exactly one point If you agree with that and you want to lay the one and a half. That's more than defensible I'm kind of splitting hairs here between one or the other But that's where I land and i'm also not going to fight anybody who wants to say You know, i'm going to bet my home's even money to win this game And you want to bet the cheese? I can't fight back against that. I think it's a very fine Justifiable thing, but if you're going to bet the cheese, I would also go through again the same thought process of Should I take the money line to even money? Or the plus one and a half at minus 114 So for me, I'm taking the Niners money line minus 118 What could possibly go wrong betting against Patrick Mahone's in the playoffs? I feel dumb already, but I've been wrong a lot in my life and i'm very comfortable being wrong potentially once again As far as the total in this game, I do show value in the over and it's actually a pretty good amount of value With where things stand right now. I have this total of 49.97 and it's a 47 and a half right now at fan dual sports book Now 47 is a key number. So I wish I could get a push on 47 But I think we're more likely to see this market move to 48 move up than down to 47 And I've got a good amount of cushion with my model having this at 49.97 The reasoning here is that neither defense is elite. They're both very good You know, they're both top 10 again by my numbers But neither is elite and both offenses can move the football in an efficient clip And I think that they have answers to what the opposing defense does best My model's recommended more unders than over so far this year The exception has been with 49ers games But that worked again yesterday. So I understand why it's here again And it does kind of work because a hedge too where if my home's Goes for three four or 350 yards and four touchdowns. I can at least benefit from it in terms of the total so I'm not betting it because the hedge against the The the money line here, but it does help at least a bit where I can at least take some solids If my home really does shred in this game. It probably does benefit at least my over here So I think the over 47 and a half by my numbers but also by My rooting interest my very selfish rooting interest interest here Both those aligned to make the over 47 and a half a quality bet at least based on what my model is saying Between the two I feel better about the total honestly In this market again, I get to root for my home rather than against him So if you were to take just one of these bets, I would go towards the over versus The 49ers money line, but I do believe in my model. I believe in the process behind it I can back test it and see how well it's performed and no in general It's going to serve me pretty well to have faith in what the model has said So personally I am going to write it both. I'll take the niner's money line at minus 118 And we'll take the over at minus 110 It's going to be a blast to talk about this game for the next two weeks And I hope it's equally fun to watch as well But again, we're going to have a lot of shows to dissect this game a lot of shows to dissect What to expect in this one different ways to bet it again We're going to have a live betting show like not during the game But like things to look out for for live betting in general by talking to ed miller He has literally built live betting models I wrote a book a couple books about it the logic of sports betting interception We'll talk to ed next week on friday to get his thoughts on some live betting stuff for this game We'll also talk I'm going to break down correlated same game parlays a fan dual sports book Some of those that stand out to me. We'll have some other prop betting shows We'll get dr. Ed fang in here to break down his thoughts in the game all that coming up next week here on the show So a lot of time left to break down. What should be a very fun game Before we close up for today to gotta go back through recommendations last week here on the show beginning with the aforementioned dr Ed fang you can find him on twitter at the power rank and find his work at the power rank Dot com Ed's one bet for this week was for patrick mohomes to not throw a pick at plus one oh four at fan dual sports book And that did in fact wind up hitting because mohomes was clean as he always is Don't even think he had a lot of risky passes in that game So mohomes under point five interceptions good call by ed to get the win there We had jj zack recent on talking some player props for both of these games find jj on twitter at late round qb Find his work at late round dot com and the late round fantasy football podcast first one for jj was mark andrews Kind of thinking about in two ways where if andrews is limited he'll go under 35 and a half and if he's not limited We could look at small numbers So jj liked under 35 and a half and minus 110 and then over 50 at plus 178 potentially to lead him for And just to lead and receiving a plus 2800 under hit here because andrews was not involved early I thought this was actually a good example of spot to to live bet some player props Andrews didn't play in the first series first three snaps. He was not out there So you could get him a 26 and a half receiving yards on that first after that first drive I took the under there finished with 19 That's the kind of stuff you want to look for in spots like this Where a guy is banged up don't really know what his role will be if he's not playing snaps early on That's a spot where it's a good spot to grab a live under Because they do have live player props up at a lot of spots at this point Uh, jj had lemar over 10 and a half rush attempts minus 115. He finished with eight. Uh, so didn't get that one He was really effective when he did run but just didn't run it a ton. Unfortunately Isaiah pacheco over 63 and a half rushing yards minus 110 jj had that and that hit pacheco I think had about 68 or 69 or so somewhere in there jj had justice hill over 12 and a half receiving yards That one hit as well. He'll had a good amount of receiving work in this game He also did justice hill touchdown at three to one and he did not hit there In the niners versus lions game two and two for jj He had mccafrey over 35 and a half receiving yards mccafrey did hit that He also did even montgomery over five and a half receiving yards, which was a hit I think he had about 20 in that game other ones where jamir gives over 22 and a half receiving yards Which was a miss and then juan jennings long shot dud at plus 350 and jennings did not score Didn't know if debo would go at that time, but he did So overall about a break-even week for jj for the recommendations there again find jj on twitter at late row qb It check him out at the late-route fantasy football podcast One and one week for me. I had the ravens and niners parlayed to win a plus 110 That closed at minus 115 so a lot of movement in my favor, but didn't hit so who cares? I cannot feed my family on clv so And honestly clv you can't be a tad bit overrated, especially when you're betting on favorites, so Uh, it doesn't matter. It was a loss. Uh, and with the way the cheese played I deserved to lose that game So deserved to lose that one It is what it is the hit was on the 49ers and lions over 50 and a half minus 115 They were tied 24 24 and The thought did creep in my head if this game wins with a safety I would lose because it landed 50, but you know, it doesn't land a 50 very often So, uh, that was the conspiracy theory brain or the the worry the worrying part of my brain was a bit worried about that But over hit there finished with 65 total points in that game 34 31 So one and one week for me We'll see if we can get a winner to close things out here with the super bowl 58 read That's all we got here for today on covering the spread tomorrow We're talking some college basketball at john rosting having a john on the show yet this year We'll get a little catch up on how things have gone across college basketball for this year's year if you're trying to bet that We have nhl coming up this week nba We've got some epl ufc NASCAR all the show and then of course leading hard into super bowl 58 next week Make sure to subscribe to covering the spread wherever you get your podcast And you can also find us on the fandal youtube page and fandal tv plus If you've got any questions for me I am on twitter at jim sonnis you can find me on threads at jim dot sonnis And you can find fandal research on twitter at fandal research I want to thank you all for tuning in for today. Good luck to you if you're betting anything across monday We'll talk to you once again tomorrow to break down some college basketball with john rosting This has been covering the spread right here on the fandal podcast network


Hi everyone, welcome to this presentation from the Center for Global Media and Communication. I'm Dr Dina Matar and I am the chair of the Center and I also convene the MA Global Media and Communication on Campus and the MA Global Media and Communication and Digital Cultures on Distance Learning. But I'm going just to talk briefly about what you could expect to do at SOAS and basically what we try and teach and I'm going to talk about the topic of media and crisis. So I need to share my presentation if you could hold on and so what do we mean and you know sort of so this is an example of what you might be taught on. So basically the problem of media and crisis and what is the problem? Are we talking about media and crisis? Are we talking about crisis of the media? Are we talking about crisis of communication? What are we talking about? So the question is how do we understand crisis? Whether we can understand it just by looking at the different theoretical approaches coming from other disciplines to understand what we mean by crisis and what role can a critical media and cultural studies program help you understand crisis? So what can we do? How can we use media and critical cultural studies to understand crisis and the way that it is produced and consumed via the media? So secondly you know in this talk I will be talking about critical approaches to addressing media and crisis coming from critical media and communication studies and political communication studies which I kind of research and have worked on for quite a while and then you know what are the contemporary debates around media and crisis? Why does it matter to think about this topic? So you see this image? This is the image of at Black Lives Matters held by you know a Black man obviously and trying to think of what it means. So what does an image mean? What does the language mean? What is the context behind this image? Why is it so meaningful in a sense? So parts of what we do is try to understand the language that media use to communicate ideas to communicate concerns and so on. In this sense the hashtag at Black Lives Matter is a hashtag of the social movement Black Lives Matter and what does it mean for people who receive it? How is it shared and so on? So what does the image mean and what does the language mean? Our key concerns when we think about questions of crisis and of course the racism at the moment is a crisis. It's one of the key contemporary debates that we are talking about in our everyday lives and in our understanding of how we can address it. But the question is what crisis? What we're not only talking about racism, what crisis is that? And obviously having for all of us living through the pandemic, the COVID-19 pandemic, we are in a situation where the only way we know we are in crisis is whether we are experiencing it ourselves in our location wherever we are or whether we know about it via the media. And I think you know in advertently we know about the crisis because the media tell us we are in crisis and because that is everything that we know about the world is is via the media. So we receive news, we receive reports about crisis elsewhere via the media. What does that mean? So in a sense in other words we cannot we come with a kind of hypothesis or the thesis that we try and explain by using critical approaches for media and cultural studies and looking at case studies around the use and the consumption of media is that we cannot understand crisis without considering how crisis are communicated. And in which language? What are the images used to communicate crisis? What are the words that are used to talk about crisis etc. In relation to that question we need to think of another question that's related not only to the language and the image but the question of what are the drivers behind media coverage? What drives the choices behind media coverage? And it's really important particularly in the digital age because in the past what normally drove media coverage was the sense of something happening elsewhere, something unexpected a crisis happening elsewhere that that is unexpected and that is often seen as being negative. So for example crisis of you know kind of migration in relation to conflict and the ways that it is talked about as being a negative issue and as being unexpected. And there's also this the drivers of news media coverage and what decides what is decided on the news agenda is sometimes also considered through the lens that some catastrophes are more important than others and we see that happening today in the coverage of the COVID-19 crisis particularly because of the focus on the now and the here. So in a sense we're focusing at a temporal moment which is the time of the crisis but we're also concerned about the here which is the crisis happening in our backyard. So we neglect what is happening elsewhere and these are issues that we discuss in critical media and communication studies and so as particularly in relation to the invisibility of what is going on elsewhere other than the western world particularly in western media. So what can the production and the creation of media coming from non-western context tell us about crisis as well? And the other question that we ask is who is the intended recipient who is the author of you know the media and crisis the reports about crisis so who are the audiences who are we trying to reach out to and again the question of who is the author who is writing that report and this question is really a question that brings to our attention a question of access who has the right to communicate, who has the right to speak, who has the right to narrate, who has the right to circulate a story and images etc etc and of course we that doesn't mean that we neglect the phenomena that is you know a really important phenomenon in the in the contemporary world which is the rise of user-generated media. So we're not only relying on mainstream media and the media that features so many we are also looking at other media that is produced by ordinary people and in in different contexts. Again how is the crisis imagined we look into the terms that the media used to designate major misfortunes what's in a name because it matters if you're kind of using a negative language to talk about a crisis then you are somehow not really directing but somehow making your audiences think about something in a particular way and this matters particularly if if that language is used repeatedly because it can become normalized that is it can become accepted so for example when we talk about the prices of migration what is the language that we use to talk about migrants do we use the word migrant, do we use the word refugee, do we do we kind of frame those words in a context that brings up questions of violence or bring up questions of you know economy resources and the fact that we have to share resources with others so it does matter language does matter and and the terms and the imagination of the crisis does matter and of course when you're talking about your crisis or the crisis that's happening with an international context it how does do you use the same terms as you are talking about crisis that are happening in other contexts so when we had news reporting of the famines in Africa in the 1990s what you know it was far away what what did that what were the associated meanings around that what did they evoke and invoke and why does it matter it matters because media are implicated and are part of power structures in society and we need to think of and try and unpack and critically engage with this question of power with this said we do not simply assume or take for granted that media are powerful well they are powerful but we want to understand how that power works whether it's shifting whether the fact that we have more digital platforms does that mean that power is shifting from the the elites to the people or is it not who is controlling what and this becomes an important question when we think of the new you know the rising digital platforms that have become huge media companies on right but of course we're not only focusing on the netflixers or the google's or the facebook's or the west western world we're also looking at what is being produced in other parts of the world so the internet the chinese internet how does it work in relation to neighboring countries what is it used for but crucially what we come up with is this underlying idea that all crisis are socially and politically mediated practices and this is where the question of mediation which is a key term in media and communication studies makes us think about the relationship between the production and the consumption of media texts media images and so on so so of course crisis is an analytical context it's an analytical concept that we need to think about so to go back and just to make that make it very clear that media studies has like other social sciences originated in in the western context it's originated out of the history of studies and theorization in the western world and as such it is very much blatant if i could use that word by western centric approaches and what we try and do that so as is to think about it from a non-western centric approach and this way of thinking does not mean that we are just theorizing without thinking of actual practices and lived experiences in the in coming out from the non-western world but we are engaging with these theorizations and critiquing them at the same time by looking at what is taking place in other parts of the world and trying to make sense of them but the idea of crisis is an analytical concept again it's a concept that is very much emerges from a western centric genealogical view of progress and modernization so crisis in many ways and in much of the literature and i you know i must admit that you know the old literature it talks about crisis is happening elsewhere it happens in those countries in the third world it happens in those countries that have not yet developed that have not yet developed the political systems the cultural practices to the same level as the western world and this is where we come from and we critique this approach to modernization by looking at the genealogy of crisis but of course COVID-19 has taught us that actually the crisis also happens in the west and it you know it isn't like the west is modernized or developed to a you know a a new level of modernity that means it is exempt or it is it does not have the same problems as other parts of the world and even moving out of COVID-19 we can think about the climate change crisis that's a very important crisis that is really challenging our ways of living and thinking and behaving and it's going to challenge us even more and again if we think about the crisis around race or around continuous violence against women or around other other practices that differentiate a long ethnic or religious lines so what does it all mean do we still can we still take for granted the approaches that say well only when societies reach modernization and democratization then they can you know the possibilities of crisis happening will be reduced so what we try and understand is that the analysis of terms and the analysis of concepts and thinking about concepts as analytical terms make us think about the emergence and the use and we then begin to contest and critique how such words can lead to a normalizing or a universal way of seeing and explaining the world but the world is not universal there are different experiences there are different histories and so we need to look into that and by looking at how media kind of engages with these different experiences and by how people from the regions that we are researching and studying how people are producing media films artwork you know material on digital platform how through their production and looking at what they are producing and why and for which reason they are producing that we can learn and we can understand more about the role of media in these societies so to go on but of course crisis is not only about you know thinking about crisis as being a condition a lived condition we can think of crisis in the media or crisis in information or information crisis remember in 2016 trump used the term fake news to talk about any media or any report that was speaking or was opposed to his views and of course he waged a continuous battle against the mainstream media and calling them fake news and we have examples of that in in late 2020 and the storming of the capital in Washington and then we also have this populist rhetoric against mainstream media is also in other parts of the world we have Rodrigo Duterte in Philippines Jair Bolsonaro in Brazil Narendra Modi in India Nabil Karawai in Tunisia and what does that mean what response do governments have to deal with with uh you know to deal with populist rhetoric and so in a sense we have countries like Egypt passing new laws against volumes that are likely according to the regulations to harm quote unquote national interest who can define the national interest why is it important to have new laws to regulate the media in authoritarian countries how does regulation work and again we have the academic debate around misinformation which is something of you know we will be working on during in in you know during your study if you decide to come to study at so as we offer we offer different modules thinking about anti-media populist versus anti-populist media what is the relationship between populism and media what is anti-populism you know how do we define populism in relation to media and of course we we think about the the problem of the crisis of misinformation as also being a crisis around the declining credibility of the mainstream media and the ways that even you know more and more youth and young people are actually moving towards either creating their own media platforms and sharing information around their own interests and what they want to see happening in their own context moving away from mainstream media the term mainstream media means the media that is supposedly reaching the largest part of the population like the BBC here in the UK and Jazeera is almost a mainstream media because it reaches across nations and of course the crisis information comes against a this this phenomena of a decline of interest in centralized information channels and official media outlets as people are migrating away from what we often have called in the context of the global south state media state run media and again it's also a context of polarization audience fragmentation and filter problems and echo chambers what is happening here how does that affect questions of you know kind of national identities or the question of community cohesion and so on what does it mean when the audience is fragmented and what type of crisis does that produce so we might have a crisis in terms of the the emergence and the emergence and the proliferation is a very important problem currently around hate speech and extreme speech which is problematic but at the same time the crisis around journalism and around the authenticity of journalism but at the same time we have also the crisis around safety and ethical issues related to journalism and journalistic practices so these are issues that we work on in our classes and these are important questions that we want to ask but we try and approach phenomena to explain the phenomena we do not come with you know kind of trying to say x causes or x causes why question of causality is very difficult to answer because you know things during crisis in particular we find that behaviors can be cannot be completely decided priori before we do the research before we understand what's going on so what we are interested in is looking at the phenomena at contemporary phenomena but that does not mean we are not looking at this history as well histories of media production we're looking at media environments in in the context of the global south we're looking at comparative approaches because we think that comparison can help us move beyond the biases of universal arguments and trying to think of the world as being the same but also as being different so we look at the phenomena to explain what is going on and why it is happening at this moment but we cannot predict the the result or the outcome of what is happening today in the future and the example of the adab spring is a very good example of that because the adab spring is again a crisis it was a crisis in trust a crisis of politics a crisis around participation a crisis around you know kind of people in a lot and though the the use of social media in that particular context has been fact has been debated but the early kind of projections that well this is going to lead to democratization did not happen and so it it is just to explain phenomena and media is so important in trying to explain phenomena before I go into talking about our own research I want to say something around I want to say something around the general approach that we take in our modules which is you know open discussions trying to understand phenomena trying to think of what can the study of critical media and communication contribute towards other disciplines towards the discipline of politics towards the discipline of anthropology towards the discipline of history and law how can we how can this understanding help in these disciplines in other words media studies is importantly an interdisciplinary field of study so our research we have been working on political communication in non-western contexts this is an area of research that I am very interested in so political communication means looking at the relationship between politics and communication and trying to understand how communication is used by both you know regime or state actors or political actors or political elites and by ordinary people and trying to think of media as a space within which to struggle over politics over communities over belonging over identities over gender over race takes place so this is you know in in many ways informs a lot of my research and research of my phd students and we also are looking into understanding production and consumption from a non-western perspective we look into informal and grassroots digital activism in the global south how can that help us understand and think about new ways of exploring informant and grassroots digital activism exploring how it can be used to inform policy for example in the global south gender and the media representations and cultural politics because representations matter who is represented what are representations about what do they signify what do they mean how can we understand them and of course diasporas and transnational communities it's a very important part of the research that we do where we look into the the ways in which diasporas and transnational communities are challenging or and continuing to challenge the national perspective the kind of you know the bounded geographies of a nation and finally news media and practices but that's not all that we do and I'm very happy to you know kind of give you an idea when later on now for questions my email is dm27 at soas.ac.uk our programs we have three ma programs we have the ma global media and communication and the ma media in development these are programs that are that are offered on campus global media and communication which I convene looks into three you know is is quite broad and specific at the same time we look into the political economy of media asking and answering the questions of who owns the media because it matters question of ownership matters and then the second part we look into the political communication the relationship between politics and communication thinking about media and the nation media and the imagined imaginaries of the nation etc and the third part is around you know cultural studies questions of representation cultural and social identities transnational communities religion and media and so on media in development takes a critical view of the discourses of development and looks into how media has been instrumentalized by NGOs and so on to to kind of construct an image of the global south in a particular way and we offer the critique of that but we also offer a you know a kind of an understanding of how we could use media for development purposes and we also have the ma global media and digital cultures that we offer distance learning and it runs along similar lines as the on campus degree but it's a two year degree and it allows those students who are working or perhaps cannot come to the UK to study on campus allows them the possibility of the possibility of studying remotely and we have you know kind of a brilliant group of people whose work has been really very excellent and impressive our students are come from various countries and that is the exciting thing about it because it really means that the classroom even in the context of teaching online via Zoom or via other platforms means that we are learning about different experiences and about different experiences of using and consuming media and we learn as well about how to address and accept difference because not everyone is the same so it's a perfect example the classroom is a perfect example of this I you know a conversation or a critique of universal arguments about the world and about how we see the world so I hope this has given you an idea of how how we teach and I'm really grateful for you for listening and looking forward to receiving your questions thank you so much


Back here this Thursday afternoon May 25th shortly after 2 30 p.m. Eastern time welcome on back Of course this time of the day for our afternoon meeting. We have class on ahead It's got a quick soundcheck just to begin make sure that we are good to go for Elizabeth from Mike and for all this Just joining us here right now inside our live trading room Kathleen included laid a loud and clear from her got all of us just here joining us now So if you're on social media Facebook live LinkedIn Twitter YouTube the works well first and foremost Just go right to our YouTube channel folks make sure that you are subscribed right to youtube.com forward slash cyber trading you if you're there now Perfect, but make sure that you're subscribed so you can go right to our shorts page right here You know you have the videos you have our live streams, of course that we always host each and every day Actually with that Fausto is just on Nasdaq trade talks with Jill Malandrino So we actually posted that just a moment ago as well under one of our most recent videos, but I'm getting to go right to our shorts here. You're gonna see a little update on the video We talked about this the last night. I ended up coming back to my desk And we ended up going over in a video on our YouTube channel Just the levels to anticipate for today for this morning in the market open right talked about a couple of different prices there We talked about 365 366 as the first big support and then from there 350 well Hey, we have this WLTS. We'll get to this in just a moment well What do you know? Ended up dropping right down perfectly head on collisions at 366 really as smooth as can be Ended up just bouncing right off of there big volume level from the after hours on the video yesterday I mean hey for our stock to make a 30% or 26% pop it was in the after hours You got a figure of resistance is gonna create support at some point today So it's just a matter of finding where the big levels are first so hey if you're on our YouTube channel It's make sure that you are subscribed if you're not there now go there and subscribe just so you know when we're going live And we're posting these videos and shorts and you name it so for the afternoon Hey, the video pulling back right now. Now, obviously, we're not trading the stock You could at least buy puts and calls on this and they're looking for the balance at 365 That would have been a really nice return heading into the mid to late morning, but otherwise now heading into the close I mean hey, this is pulling back actually as we're talking right now live the S&P the spy here making a bit of a head fake and pulling back itself Hey, I don't mind at least just going through right now from top to bottom here and seeing what else we could work with here Just really quick. So let's start this WLDS ended up making a big pop from earlier today Big shout out to one of our students Scott who had called this one out at first Really nice call out at the time and you know, I said it is tradable Give it a shot if you feel like it can make the push-up higher I was already invested in a couple of different trades figuratively and literally perhaps or two But ended up missing this huge pop ended up completely ripping from like 90 cents when Scott had called it out all the way a double-deppin price who would have thought Even heading into 10 30 11 o'clock time where we would expect reversals this thing just kept poaching So a couple of big shout outs here Warren Warren ended up getting like 51 cents on a straight He killed it really nice catch from him Steve jumped in also from 91 cents He wrote that earlier in the chat board 9 49 Eastern time. I wrote you got out at 117 I think he wrote there John in and out from 115 beautiful So hey few of us did really well in this trade now for the afternoon at least What goes up comes back down especially a cheap small cap stock like this Saw just yesterday on GCT didn't we saw today on BMR didn't we ended up coiling up Right back down ended up actually pulling back down I thought it was gonna try and test down towards like 390 ish previous all-time high there The stock was breaking all-time highs early this morning folks I mean this is just goes to show the lack of historical data here So this came out as an IPO back from March 3 94 3 96 the all-time high I was looking for that balance here at this point, but just once it kind of reversed back to back up I moved away from it. Hey, that's a little push. So for the afternoon, I like the trend now It's pushing back on up pretty nicely. It does have Well, say it has a bit of a spread. Yeah, definitely a big spread here for this stock That said though, I mean probably more of a level three trade at least if not more so a four So I'll put this on our list for any of our more experienced consistently profitable students And we'll see if there's anything more liquid maybe something that we could all get our hands on coming up here. Oh Not as liquid, but definitely good stock for the afternoon leds This is a known pop and drop stock at least so, you know for any of our students from a couple years back later Kathleen a bunch of us Phil Grant Michael that have been with us over the years this stock I just remember being a huge pump-and-dump play like over and over Looks like back from 21 perhaps you could begin with maybe that was when it was an IPO As well, let's take a look Nope, there we go So this was just a squeeze it had here back in 21 from five up to 30 back down and that could have even been Before a reverse stack split so this thing fell all the way back down You know another squeeze up again today if it makes the fraction of a squeeze that it did back in 2021 I think that would be a huge win. It's up big already today So maybe there could be more room to go on this trade Let's just keep seeing higher lows But when the volume peaks and then drastically kind of dissipates back down then that's pretty much when you know the squeeze is over with Tis I just chopping it right now at the stage will pass on from that again folks Keep in mind phase two course coming up later on at three o'clock eastern. That's why I'm going through kind of quick I want to make sure that we have enough time to join the class be good to go Go back to the video there ended up just pulling back. What was the other one? I thought I was on just a moment ago Though there was one I just kind of clicked on it was like squeezing up pretty damn nicely there for a second Was it NVDL that my dyslexia tripped me up there. That's the NVIDIA ETF All right, maybe I skipped over something that may have looked good I don't know. I thought I caught something a moment ago that was trending up I'm just kind of looking at my scanner here quickly going through Obviously with NVIDIA up moment we have and AMD the whole semiconductor sectors just up with NVIDIA earnings But SOXL is the semiconductor ETF. So this could be worth watching just I would rather you use level 4 if you're gonna I look to trade this otherwise. I would focus on a stock NTNX Zuo Hey, all right, so really I mean as far as the gainer side I'm sure there's up there are some stocks up a little bit more percentage wise here IFB D was a big loser in pre-market this morning let alone after the open but more in pre-market You just knew that with trend it was more than likely gonna make lower highs So I turned back to the stock heading into like the late morning So all the way down to 130 pretty happy that I moved on from a quick. All right Let's see if there's anything looking as good if not better I mean we got two stocks on the main list both kind of like level 3 plus. I'd say Perhaps level 4 at least This one's moving around a bit here 8 pps pulling back down pretty hard roughly off of 860 855 ish Not much on the bid as far as a clear support level not much filled here from the matrix that shows a clear support as well Yeah, we got to see something build maybe like an 825 ish past little chart resistance here broke from so that could be support And the more times it tests it as support should break it So in that case that would be to a new short trade heading into the close So apps I don't mind slipping on our list just tradable stock down big I don't know if it's off earnings or what but obviously took a huge hit here this morning It's snowflake here What else we got what else we got we got path ended up dropping down big early this morning But it's just going sideways now. There's no trade there American Eagle what went up yesterday came back down today. Is it? Scott says BMR moving up again. Yeah, that one's already on our list At least that was still looking pretty strong going into the 230 meeting when you kind of came back to it So, you know, it makes the cut for right now Dan says I listened to Fausto live always worth listening I always pick up something new learning from Fausto's thoughts and I appreciate that Dan And yeah, you know Fausto will have to do that I think monthly pretty much now or maybe bi-monthly, you know, he's a regular on Nasdaq's program there All right, what do you got for me here folks up down left right? You name it? Let me not Go to Benzinga Pro here just to see if there's anything from my side Otherwise we talked about BMR. We talked about leds. You got the axe trade from the loser side there Geez is this really yet? I mean, we'll take a look at the AI trade Obviously, we're calling that out earlier all from the morning We were looking for a bounce on this trade first from 2785 then from 2750 got it from 2750 just now, but I mean, it's not like making the greatest move, but we don't really have a big list You know, it's tradable. So it doesn't hurt us to put this on our main watch list for right now Definitely not EPLD at least for the time being I'm gonna scrap that for sure SOUN BB AI how about Palantir? Palantir has been pretty good to us off the break off of 1264 there. So beautiful move. Oh really actually that's just a long ahead of my chart That was actually a larger level from the morning, but it was recently off of 1257 We were looking for the break back over 1257 here 280 2000 share print So it had a couple of false breaks, but then led to the pop heading into like one o'clock 130 time and Yeah, and you know what? I don't mind adding both AI and Palantir both familiar names very volatile in a good way Uh liquid, right? So yeah, I don't mind those two All right, so that makes five in total folks. We don't need to build up a big list I know most of us are going to be with me in class Extremely important class lined up ahead this afternoon setting stops and taking profits So I've been in countless coaching sessions the last two three weeks talking to students where you know, whether Mechanically or you know, maybe psychologically. It's just you have a tough time just like let's set that stop Let's make sure we know where to set that stop And on top of that once you're out of the proverbial doghouse and the stock is running really well and you're deep in the money Well, where the hell do you get out? So where do you take the profit? That is the exact class We're gonna cover coming up folks take setting stops taking profits We'll do that coming up at 305 eastern time. There we go rich very timely with that link link there All right, so for all of us in social. Hey facebook live linked in twitter youtube the works I appreciate you sticking with me each and every day each and every afternoon That falso tagging back in for the morning meeting, but uh, you'll get me back I think for tomorrow So with that in mind just any questions that you have you'll free to shoot me over a quick email Josh at ct trading.com is always the handle And then otherwise if you wanted to join us inside our live trading room Just go right down to the link on the green banner below just on the social stream right there And once more for john for scott for david for mike for elizabeth for kathleen laid a mike and all of us just here Be on the lookout tomorrow check the emails We got a big announcement lined up and if you're on social media at least on our youtube channel Make sure that you are subscribed You'll also get that alert through youtube on top, but again that is for tomorrow not today We got class coming up folks for today. So I look forward to talking to everyone coming up here pretty shortly. Take care


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