Stevenson University has had a great history of developing new sports and I'm particularly proud that we are a leader in Title IX and Division III athletics. What does it mean to be a leader in Division III athletics at Title IX? Well, it means being innovative, it means starting sports for women which are not easy and challenging. In particular, women's volleyball at the collegiate level at Division I, II and III is the fastest growing women's sport in the history of the NCAA. It fits Stevenson University. We have a very clear and distinct idea on how to start new sports at the university. It starts with a quality coaching staff and with Dave Trumbo we have an excellent coach. I knew he would be an innovative leader and educator in this new sport. Second part is facilities and we're embarking on a new four court beach court that will help attract the students and also help us train to compete against Division I and II schools until there are Division III members. Making sure we have a really viable atmosphere for women to play will help us grow this sport. We've done this many times in the last 22 years. We know what we're doing. With football in five short years we were nine and two and built a great following. Women's ice hockey 23-3-1 in four short years. Our sports are doing really well and we're very supportive of adding new sports on campus. Now when we first decided we were going to have beach volleyball first we had to get a commitment from all of our indoor players that yeah I want to play because we did not have time to recruit any 2015 beach players. So we had 13 of our all of our indoor players that yeah we want to do it. We want to commit to play. Next we're thinking we've got to get this court built so we have some place to practice. We do have one beach court between the quads. It's not quite what we're going to have built down for us to play on but it gave us three days outside in the elements on sand. The next question people like to know is well who are you going to play? We're the first Division III school in the country to have beach volleyball. Our challenge was we're going to have to play Division I and Division II teams. Division I and Division II athletes that are beach players. So our challenge was to find teams that we could compete with. We're going to host on April 23rd and 24th. After our experience in the rain this morning we know we're playing that day. It doesn't matter what the weather is and it could be just that we could get just about anything in Baltimore but we'll be playing. It's an open house day. It's going to be a really a festive event as we are hosting on the 23rd and 24th. Lincoln Memorial from Tennessee is coming off along with Carson Newman and then Morgan State University who has a club team will be there as well. And that will be our last matches of the season. That will give us 11 competitive dates and what you need to be an official NCAA team is eight competitive dates and so we should be well within that parameter by the 23rd and 24th of April and that's what we're really looking forward to. They are working diligently on the courts right now for beautiful courts with really nice sand which we've learned is the sand is so important for when they're diving and running and jumping so we're going to have four beautiful courts at Stevenson University very soon.


The National Broadcasting Company and its affiliated stations present the Pacific Story. In the mounting fury of world conflict, events in the Pacific are taking on ever greater importance. Here is the story of the Pacific and the millions of people who live around this greatest scene. The drama of the people's whose destiny is at stake in the Pacific War. Here is the tale of the war in the Pacific and its meaning to us and to the generations to come. Tonight's Pacific Story comes to you as another public service with drama of the past and present and a special message from Vice Admiral William A. Calhoun, commander of the United States Navy's service forces of the Pacific. Manchuria's puppet government. Your majesty, is anything wrong? No, no more than usual, Chin. You were sitting here looking out of the windows if you saw nothing. I was looking at that barbed wire fence around my palace out there. Electrified barbed wire. And they call me Emperor. Shall I play the phonograph for you? No. Some day things will be better, Your Majesty. A man cannot live forever on dreams of future power. Why do you not go out and take a ride on your bicycle? Why not? He put on his coat and went down to his bicycle. I watched his tall, stooped figure. Thirty-eight years old and he looked much older. Six feet tall and more and weighing only a hundred and two pounds. Play his phonograph and ride his bicycle and look out over the electrified barbed wire fence around his palace. That is all he does. I watched him get on his bicycle and move slowly away. I could hardly realize that this man was the puppet of the Japanese here in Manchuria. He has been a puppet for one force and another all his life. It started when he was a baby. What is it? What do you want at this hour of the night? I bring a message from the Empress Dowager. The Empress Dowager? Yes, let me in at once. One moment. Come in. It was very urgent. The young Emperor Kwang Soo is dead. Emperor Kwang... Dead? He was virtually a prisoner of the Empress Dowager. He was found strangled to death. The Empress Dowager commands that I return with the young child. But he's sleeping with the storm outside. The Empress Dowager commands that he be brought to the palace tonight. He used to be the new Emperor. I watched the Empress Dowager during the ceremonies. For fifty years she had been the power behind the throne through her influence over the Manchus. I crowned the Emperor of China, Son of Heaven, Emperor of the world and Lord of a million years. When these ceremonies were over, the child was taken into the palace within the forbidden city to be brought up in pomp and ritual and fear. An Emperor, two years old. She'll bring him up as she wishes.  So they gossiped around the palace. She'll manipulate him as she has manipulated so many others. She was as fierce and as powerful as all the Manchu rulers that had gone before. She'll bring up the boy to rule as she has ruled. That was an uneasy night at the palace. We waited for the next morning when we knew the Empress Dowager would start spinning her web around the boy. But the next day, the palace echoed with other news. The Empress Dowager is dead. The Empress Dowager is dead. The Empress Dowager is dead. It was true. The Empress Dowager died the day after the ceremonies. That changed things. Inside the palace walls, the child was reared in the medieval traditions of the Manchus. And outside, we heard the rumble of the coming revolution. Down with the Manchus! Down with the Manchus! Long live the revolution! Long live freedom! Long live the Republic! Long live the Republic of China! The revolution was far away, but we knew that one day it would come to our palace in Peking, and at last it did come. The revolutionary stormed in and took the boy emperor. No harm will come to the child. But he's only a helpless baby. What are you going to do with him? He will go right on living here in the palace. Oh, the poor child. He will always have plenty. The Republic will pay four million dollars a year for his support. But we will also see that he is never again used as a puppet for the designs of those who use him for their own benefit. The Manchu dynasty had been toppled from the throne, but there were still forces in China trying to restore it. They plotted and planned for the next five years while the boy was growing up. The boy scarcely knew what was happening around him, and yet he was the center of the plans. The boy has no direct claim on the throne. But nevertheless, General Chong Sung will try to put him on the throne and use him as a puppet. We must say that the boy is never enthroned again. Assassination is not the solution. The restoration plot came to a head in 1917. General Chong Sung put the boy back on the throne. Like a pebble swept up by a wave, the bewildered boy found himself on the crest once more, but only for eight days. Then he was forced to abdicate again. He scarcely knew what was happening to him. He hardly seemed to wear of the clouds of trouble that were gathering over him. He lived a sheltered life, but he was always in the minds of important men. As long as Henry Puyi is in Peking, the Republic of China is in danger. General Feng kept his eye on Henry Puyi. He is a constant reminder of the Manchu dynasty. Yes, the very fact that he is here in the capital is dangerous. Every time there is trouble in the government, there is talk of restoring him to the throne. We must get him away from Peking. That may call attention to him and react against us. First we will take away his title. Yes, he has kept up all the Manchu traditions and ceremonies. Exactly. Without the title, all his traditions and ceremonies would have no meaning. What of his pension? We will reduce that. By that time his advisors will see the straws in the wind and will get him out of Peking. We who were around Puyi saw the straws in the wind, and the Japanese saw them too. They saw the value of Puyi as a puppet, as well as the Dowager Empress, and General Chang soon had seen it. I went with him when he left the palace and went to the house of his father. And from there to the Japanese concession in Peking. We were there three months. Guests of the Japanese, Puyi and his wives, and us retainers. One night several important Japanese came in. You must know, Your Majesty, that we have only your welfare at heart. We appreciate your hospitality. The Chinese have broken every promise they made to you.  They dared to rob you of your heaven's end title. And they even reduced your pension. And you think I am in danger here? No one can know how great the danger is. It will be necessary for us to go at once. I am very tall to be wearing a uniform like this one. It fits very well. It was made especially for Your Majesty. But the uniform of a Japanese soldier is not quite the thing for me. In that uniform you will never be questioned as you go out of the concession. You will pass for a Japanese soldier. Yes, the car is waiting outside for you. But why cannot you tell me where I am going? It is best not to reveal that now. If anyone should stop us, I will do the talking. You are very fine, Your Majesty. Are you ready to go now? Yes. Through the windows we watched him walk out. A guard stepped up and halted them. The one Japanese spoke briefly to him. He stepped aside and with the two Japanese they got into the automobile and drove away. It was a long time until we learned what they had taken, Mr. Pui. Well, that is what everyone calls him now. Then one day we were sent for. When they took us to the Japanese legation in Tinsin we knew that the Japanese had plans for Mr. Pui. And we were to find out that they were to be very patient about the development of these plans. Chen. Yes, Mr. Pui. Are these rumors true about the Chinese showing up the tracks of the South Manchuria Railroad in Emukden? I do not know, Mr. Pui. I have been informed that the Japanese have found it necessary to occupy most of Manchuria. The Japanese have told us that too. Why have they not given us any official information about what has happened? Could it be that they have special reasons for not telling us? What would make you think that, Chen? It must be apparent that the Japanese refriended us here all these years for some reason. Refriended? They have supported us. It was just a few weeks after this that a Manchurian nobleman came to see Mr. Pui. I am honored to be in your presence, Your Majesty. The Manchurian nobleman looked suspicious to me. I come as one of your loyal subjects, Your Majesty. You have come a long way. I come to ask that you return to the throne of the ancient Manchurians. I feared you would say that.  Never shall I return. The Japanese are much in favor of your return. And the words I speak have their sanctions. I have no wish to return to the throne. Twice I have been forced to abdicate. We as Manchurians are weak, but with the powerful Japanese behind us, is it wise or prudent not to accept their invitation to return? I am still in a Chinese city surrounded by some of my Chinese friends. No. No, I will remain here in Tinsin. The next day, we learned that the Manchurian nobleman was actually the Japanese colonel, Kenji Doihara. We knew about him. We knew that where he was, there would be trouble. It started a few nights later. Chen! Chen, where are you, Chen? Mr. Puyi came rushing out of his room in his nightclothes. He was terrified. Chen, where are you, Chen? What is it, Mr. Puyi? There is something in my room. Something that crawls. I felt it crawling up on my bed in the dark. Let us go back and see what it is. No. No, no, you go back. I cannot go. You go. I armed myself with a sword and went back. I turned on the lights in his room, prodded around with a sword. Mr. Puyi at last came up and watched from the door. There! There it is, coming out from under that silk pillow on the floor. The snake slid out from under the pillow. Strike it! Strike it! Yes. Did you kill it? I've cut it in half. That's poison. That's a poisoned snake. Someone put it in my room. Someone put it in my room. Not a word was said about the snake after that. Then one day the second cook came running to us. Mr. Puyi! Mr. Puyi! Mr. Puyi is not to be disturbed. He is resting before supper. They cook. They cook. He's down on the floor in the kitchen. Dead? Yes. He was sampling Mr. Puyi's soup. I heard him groan. Then he fell down. He is dead. Come back with me. Come back with me. After this, Mr. Puyi hardly dared to eat. He settled more and more within himself. He never went out. Then one day a party of high manturians paid us a visit. Nice. Your Majesty, as a token of the esteem and admiration of your people, we bring you this gift. With the hope you will again become our ruler. A thousand thanks. I am overcome with gratitude. I have not seen such beautiful fruit and such exquisite flowers for years. It is our wish that you will think deeply of becoming our ruler. You do me a great honour, but I cannot return. When the guests had gone, Mr. Puyi lifted the parcel of fruits and flowers from the table. He smiled as he examined it. Then suddenly he turned pale. It's metal. There's something metal inside it. Mr. Chen, what is it? It is a bomb. A bomb? What have I done? Is there no way I can live alone in peace and safety? Before we had calmed down, the streets around our dwelling were swarming with rioters. Rocks crashed through our windows and the mob beat at the doors. A servant came into Mr. Puyi. They were saying that you have promised the Japanese to return to the throne of Manchuria. But I have not. That is not true. They say that you have betrayed them, that you have promised to be a Japanese puppet. Please tell them that is not true. Tell them that I have refused. There is no truth in it. But now, tenseness and danger fill the air. The rioting ended. At night, I was walking through the streets when I saw a great number of men move quickly through the shadows out of the Japanese concession. My heart thumped. I stopped still. I knew something was about to happen. I ran down the street. Hey! You want to turn this corner here? It was an American newspaper man. The bullets are spattering all over the street out there. What is it? What's happening? The Japanese and Chinese are shooting at each other out there. But if you ask me, I think it's a cover for something that's about to happen. I immediately thought, Mr. Puyi. I'm going down to the waterfront. It seemed that he must have information about the waterfront. I hurried down there with him.  Who is that tall man in European clothes getting out of the car? Why, I do not know. It was Mr. Puyi. I know who it is. That's Puyi. All arrangements have been made. There will be nothing for you to do but follow instructions. Now listen to that. I must be kidnapping him. This way, please. You? Who are you? You are the same man who came to see me as a Manchurian nobleman some time ago. Yes. I am Colonel Toyhara. Where are you taking me? I, Japanese, to Toyhara, across the sea to Tyran in Manchuria. I shall see you there in a few days. Good night, Mr. Puyi. In the next few days, the word spread that Mr. Puyi had been spirited away by the Japanese, and many questions were asked. Why did you Japanese take Puyi to Tyran? Why not constant attempts made on his life? He was in fear for his safety. You, as a newspaper man, know how many riots and outbreaks there have been here in Tinsin. Did Puyi go to Tyran at the suggestion of Japan? He asked the Japanese authorities to protect him. So he was taken to a place of safety here in Tyran. Mr. Puyi was taken to a resort on the seashore near Tyran. There, on Japanese territory, Colonel Toyhara joined him. And while they waited, important things were happening up in Mukden. And with this proclamation, we give notice of the establishment of the new state of Manchukuo, forever freeing the people of these northeastern provinces from the tyranny of the old government, and assuring all a new government of justice and right. Is Manchuria to be no more? That means that the Committee of Chinese, that the Japanese are appointed, are only puppets. The Committee has telegraphed China that the new state of Manchukuo has cut all ties with the Chinese nationalist government. So this is what the Japanese have been plotting? This is why they've been sheltering and supporting Henry Puyi all these years, and why they brought him to Tyran. It'll be only a short time now until we... It was not long until the Committee came to Tyran to invite Mr. Puyi to be the head of the new state. It is too grave a decision to make at once. They came back several days later and brought more than 20 more Chinese with them. I will accept, on condition that I be relieved of my duties at the end of one year if the people of Manchukuo are dissatisfied. It was agreed, and on March 9th, 1932, for the third time in his life, he was set up as a symbol. At the ceremonies, I saw the same American who had pulled me out of the way of the bullets the night that Mr. Puyi was kidnapped in Tinsin. He doesn't look very happy up there. Shh, he's going to speak. Heaven did not divide people into nations but regarded them all as human beings and desired peace between them and love. We are opposed to racial and national animosities. We shall have no political parties in the new state. They make for discord. Our aim will be for a prosperous and happy life that we make. Wonderful words the Japanese put into his mouth. Mr. Puyi became what they called chief executive. But all of us around him knew that he was not the real head of Manchukuo or even the real Japanese puppet. He was just the symbol of the head of the state. The real Japanese puppet was one of the main members of the committee of Chinese who declared the independence of Manchuria. Will you handle this matter, Mr. Puyi? Yes, but it will have to be approved by Dr. Chao Tsingpo. He was the one, Dr. Chao Tsingpo. No, do not misunderstand. I am only an advisor of Mr. Puyi. So Dr. Chao referred to himself. But we all knew the truth. Dr. Chao works hand in glove with the Japanese. He has had close relations with them for years.  The Japanese have always taken good care of him. But who is this Dr. Chao? This was the question the American asked. He is a lawyer from Mukden and he prides himself on knowing every detail of the situation in Manchukuo. The Japanese made him mayor of Mukden in 1931. Will he ever rise to greater power in the government of Manchukuo? Very likely. The Japanese will give him as much power as will serve their purpose. But of course they will keep Mr. Puyi as the symbol of the head of the state. That is what the Japanese did. In 1934, two years after they made him chief executive, they enthroned him as Emperor Kang Te of Manchukuo. And again he spoke. Today the country is bathed in the radiance of the sun, the moon and the stars. Heaven favors only those who are virtuous. I proclaim this the first year of Kang Te, the era of reconstruction. Is that all he's going to say? I do not know. That is all, except the civil ceremony before some Japanese. I have an idea that that's as much as he's ever going to be able to say. Look, the Japanese are leading him away. Yes sir, the Japanese bring him out, give him about a dozen words to say and then put him into an armored car and take him back into storage.  The Japanese have been careful during these years that Mr. Puyi is not disturbed by the problems of the government of Manchukuo. In the first years he did not wish to stay here. Instead of having quarters here at Xinqing, would it not be possible to establish me as Emperor Kang Te at Mukden? That is the vicinity of Manchukuo that I know and love best. It is regrettable, Your Majesty, that we must have the capital here at Xinqing. All of us knew why. Xinqing is out of the way. There is no railroad connecting Xinqing with China. And at times he speaks of his palace. Tell me, is there any news on the palace which is to be built? There is no information, Your Majesty. It is under conservation. The Japanese promised to build a palace for Mr. Puyi. But through the years he has been living in the old buildings which were once the offices of the salt tax collector. There is no reason Emperor Kang Te shall not be satisfied. He has everything and he has paid our salary of $500,000 each year. But where is he going to spend it? That is the question the people ask who come to see Mr. Puyi. But he has less and less to say. Oh, here he comes back from his bicycle ride around the grounds. Yes, Your Majesty. The handlebars on my bicycle are loose. Will you see that they are tightened up? Yes, Your Majesty. Can I do anything else for you? No. No, I will just sit here and look out of the window. As he sits there, this tall figure slumped in his chair, it hardly seems real that this lonely man is the Emperor of Manchukuo. He just sits there. And I think again of what has been said so many times. Puyi has no heirs. Whom will the Japanese put in when Puyi is gone? He has a brother. And the Japanese have married him to a Japanese girl. But what will happen to this dynasty if the brother has no heir to the throne? I wonder. What will then happen to the Japanese puppet show in Manchuria? A special message from Vice Admiral William A. Calhoun, Commander of the United States Navy Service Forces of the Pacific. We take you now to Honolulu. The importance of the complete success of the six-well-owned drive cannot be over-emphasized. The vast quantities of supplies needed by our fighting forces must never fall if total victory is to be ours at the earliest possible date, if the cost in American lives is to be kept at the absolute minimum. I am confident that these two inseparable points are close to the heart of every good American. It is not necessary to point out the economic advantages to be realized by the individual who loans every dollar possible to his government during wartime. Perhaps the most interesting thing I can tell you about buying war bonds is to report what the Pacific Fleet units are doing in their third annual Pearl Harbor Day Bond sale, which is their part in the Treasury's six-well-owned drive. Orders from ships at the Fleet already exceed $1 million. Outstanding among the early reports received was that from the USS Royal, a destroyer escort, whose average purchases for all hands amounted to over $45. This figure represented the total on allotted pay earned on board the Royal for a period of three weeks. The USS Haggard, a large destroyer and veteran of the Marshall Islands and other invasions, has placed bond orders amounting to an average of over $56 for every officer and man on board. I wish that time permitted me to tell you of the outstanding support being given us by hundreds of other ships, the naval construction battalions, the air station, the advanced bases, the Coast Guard, and the Marine Corps. These figures would be inspirational to all Americans who are interested in keeping strong and inviolate our nation's proud fabric of freedom. If we make count on you to join us within this accomplishment and bring about an early victory with a minimum of loss in American lives, you will buy war bonds to the limit of your ability, and you will keep them. Thank you, Admiral Calhoun. We return you now to Hollywood. The Pacific Story, presented by the National Broadcasting Company and its affiliated independent stations as a public service to clarify events in the Pacific and to make understandable the cross currents of life in the Pacific Basin. For a reprint of this Pacific Story program, send $0.10 in stamps or coin to University of California Press, Berkeley, California. To repeat, for a reprint of this Pacific Story program, send $0.10 in stamps or coin to University of California Press, Berkeley, California. The Pacific Story is written and directed by Arnold Marquess. The original musical score was composed and conducted by Thomas Paluso. The principal voice was that of Jack Moyle. This program came to you from Hollywood. This is the National Broadcasting Company.


Welcome to Digital Asset News to get top stories in crypto and bring them on a bite-sized piece. As today, just like the thumbnail suggests, we have to ask the question, is Tether a fraud? And really the big question is not only is it a fraud, but what would happen if it actually came to light that Tether wasn't backed up by anything? So we're going to take a look at a pretty great article from ZeroHedge called What Effect Would Tether Be a Complete Fraud Have on Crypto? So hopefully this will ease some people's fears. On top of that, we're also going to take a look at what's going on with Amazon as crypto and reports that Amazon definitely lining up Bitcoin payments and token confirms an insider. So we'll take a look at what is going on there and also take a look at a couple of other things. But first, let's take a look at what's going on into the market. So today it is Sunday, I think it's a 26th of July or something around there. And hey, market cap is $1.4 trillion. Bitcoin is almost at $34,000, almost $35,000, $34,590. So that's looking pretty good. And everything's up just a little bit for the day. On Sundays, usually those were the dump days. But today, it seems like it was a pretty good day. Bears had their fun. Bulls had their fun. Everybody's having a great time. Great. I'm just glad it wasn't just a Sunday dump. Usually, we saw it on the weekends. But now it seems like a Monday or a Tuesday is the most relevant time. So we will see what happens. But for this weekend, hey, we're almost at $1.5 trillion and I'm pretty happy. So that's what's going on in the market essentially. Let's just take a look at what's going on in the macro level, what's happening, and more specifically, what's going on with Tether. But before we do that, I just want to talk about a quick couple of follow-ups of some stories that we just did just a couple of days ago. And the first story was this was from Fridays. And it was talking about crypto pushback, banks, regulations, and investors. And there was a story that we covered where in El Salvador, there was a bunch of different protesters coming about. And they were protesting Bitcoin. And I said in that story, I said, look, you have to take it with a grain of salt because these types of news articles, it's all for clicks. And it's all for sensationalism. So when you see something like this going around, you're like, is this really the truth? And what really threw me was the actual verbiage that they used. And it was the same type of wording that you would hear from the banks, from politicians, from IMF, that Bitcoin was destructive and it was being used for nefarious purposes. And it was really not great for the country. And so I'm like, well, okay. But I covered it anyhow, because I just wanted to cover things. And as things have come to light, and I asked people in the comments that go, show me that this is actually going on in El Salvador. If you're from El Salvador, show me what's going on. And these were the pictures that we have right here. And you can see it says, la le Bitcoin, Bitcoin Law is whatever. And then a couple of different things where it shows like it might be a big group of people. However, I found this, someone sent this to me on Twitter, Bitcoin Beach, this is actually the protest. So as you can see, not too big. And that's what's going on. Again, sensationalism. And I like how it says here, yes, the reports of protests against Bitcoin and El Salvador, we're real. I believe 100 news reports and 10 actual protesters. That's pretty funny. So that is the first one. And the second one, we covered a story about what is going on with BlockFi. We've seen four different states come out against them and say, hey, we're going to send you a cease and desist letter because we think that you're dabbling in securities. And we took a look at the terms of service for Celsius in terms of service for BlockFi. There's a couple of discrepancies in there. And really, what it really came down to was Alex Moshinsky was actually on CNBC. And he actually answered this question quite well. And lights have Alex in the show at some point to talk about it. Alex is a busy guy. He's been on the show for a couple of times. But this is him just really putting that whole thing to rest. So there was two questions here. And the first one was, and it was a great question, is how does Celsius produce yield? How does that work? Because 9% for a stablecoin seems kind of crazy, considering that the banks give me a whopping 0.002%. And I'll probably retire on that. So Alex answers that pretty well. And then she asks him, so what do you think about this BlockFi and how do you differ from it? Because if they're shutting down their operation or having cease and desist letters for gaining interest on Bitcoin, don't you do the same? And aren't you worried that's going to happen to you? And just listen to what Alex says here. So Celsius created this category back in 2018. Now there's probably close to 50 companies offering that, including Coinbase and others. Yield is all around us, right? Basically, there's always somebody who needs to borrow the asset, Bitcoin or Ethereum or stablecoin, and they're willing to pay a higher rate. Celsius just gives most of that back to our users, to the people who have lent those assets in the first place. Yesterday, New Jersey cracked down on BlockFi. I don't know if you would consider yourselves exactly the same, but here's what they said. I wonder if it would apply to using a platform like Celsius. They issued a cease and desist order against BlockFi, which is headquartered in New Jersey, saying they can no longer sell unregistered securities in the form of interest earning cryptocurrency accounts. The regulators also warned other DeepFi platforms saying they quote, present a heightened risk of loss to investors but aren't protected like the FDIC for bank insurance or the SIPC as with brokerage accounts. Wouldn't this kind of regulatory crackdown apply to Celsius at some point? Well, so we are not in the business of selling you coins. We don't try to sell you Bitcoin or Ethereum or stablecoin. Our job is just to earn yield on assets you already have. So we also work closely with regulators all over the world. We've been around longer than all these companies you're talking about. And I think we're fully compliant, but we do everything we need to do to stay compliant in all the jurisdictions we operate. We operate in over 170 countries worldwide. We manage over 15 billion in assets. So we're not just the fly-by-night company that started yesterday. And you mentioned before this segment, you mentioned Core Scientific. Celsius is one of the large investors in Core Scientific. We are one of the large miners in North America. So we also create yield by effectively mining Bitcoin and by creating Bitcoin or minting Bitcoin right out of the blockchain. So our diverse sources of yield are very different than what BlockFi or other people do. They're relying on securities to create some of their yield, which is very different than what Celsius does. First of all, that was pretty funny. Nice little jab at BlockFi. We're on a fly-by-night company. We're the real deal. That's pretty good. So anyhow, hopefully that clears it up for you. And I like the way Alex answered those questions. So let me know what you think about that in the comments section. Is Celsius on that ridgeline? Or do you think they're totally different from BlockFi? Did he explain it adequately? I think he did a pretty good job. Anyhow, let's go into today's top story, which is Tether and Fraud. I keep getting this question again and again. And I keep saying I really don't care. And I mean, really I should care. And kind of. But let's just get in the story, shall we? So if you don't know, Tether is a stable coin, right? Tether, really what it says right here, should equal a dollar. It's one Tether for $1. Tether is the third largest currency at $63 billion. And Tether receives USD from depositors and then mints a corresponding amount of USDT and puts that into their depositors account. So look, there is no mining of Tether. There is no proof of work of Tether. It's just you give them a dollar, they're going to mints it and then that's it. So for the $63 billion that is out there of Tether, they should have $63 billion in US dollars, which, you know, because it's okay for the US government to create stuff out of thin air, but it is not okay for anybody else to do it besides the government. And that's just how it is, folks. So that is essentially what Tether is. So really, it comes down to this. Nobody really knows for sure where these Tethers are coming from or what happens to the assets backing them from which they are ostensibly reserved. Nobody knows for sure if newly minted USDT has any backing at all. And there was a story, gosh, I want to say five or six months ago where they had an outside auditor from some Caribbean place, Barbados or someplace like that. But they did an audit and they said, yes, it is totally backed one to one. Well, that wasn't good enough and people are still scared. So okay, here we go. So digging deeper. This is what concerns people. Some of the key moments in crypto in 2021 are this. Tether starts out the year with $21 billion. By the time Bitcoin hits the all-time high in April, it's more than doubled to $46 billion. Bitcoin is also more than doubled to $64,000. So people are like, well, they think what's going on is that Tether is just being printed out of thin air and the people that own Tether, Tether Ltd, Tether LLC, Tether whatever, C Corp or S Corp, they're just minting it, buying Bitcoin, keeping Bitcoin and just printing Tether and not having anything backed up. And that is the concern. And it's a legitimate concern. I can totally see that. And then also, it's not only just Bitcoin, but if you read right here, it talks about Ethereum, the same thing happened. And it doubled, so did Tether and $4100. So in today's case, can $40 billion in Tether issuance, fraudulent or not, be solely responsible for a half trillion dollars in market cap in the case of Bitcoin and another, call it $390 billion in Ethereum over the course of the year? And that's the big thing that I've been harping on. No, it can't. Yes, it can inject a pretty great amount of liquidity into the system, but is it 100% responsible for it? No. So really what I think, what part of it is, retailers go in, they need Tether, they get Tether, they buy Bitcoin, everybody's happy. Is there some some craziness going on behind the scenes? I can't say there is and I don't want to be sued. But if I had to guess, and I'm just guessing because I have no idea, I would say that maybe not everything is on the up and up perfectly. Maybe it's like 90%, 10% that they actually have it. Maybe it's 80, 20, maybe it's 70, 30. I have no idea, honestly. But that's what the whole audit will have to come to. But do I believe that it is Tether is just printing totally and they're not getting any dollars whatsoever. And then as soon as it's discovered that, oh, no, they didn't do anything. It's going to crash the whole system. No, it's not. And if I could say that it's 100% fraudulent, I think that would be a huge stretch to go that route. Anyhow, to continue on. It still didn't prove that Tether issuance was causing Bitcoin's price increase. It was still possible that retail demand for Bitcoin was drying real USD in a Tether. Tether Limited was issuing Tethers in exchange for those dollars. And at those issue, Tethers were then being used by Bitcoin. Under that scenario, Tethers rise was being caused by Bitcoin's demand and Tether might be fully backed by dollars. And you know what? Let's hope so. But again, who knows how much of a percentage it actually is. It really comes down to, let's do an audit. That's really what it is. If a Tether crisis occurs, and this is the big thing, it would set off a cascading failure of DeFi applications as instruments collateralized in part by USDT would vaporize causing a chain reaction. Even larger liquidity shock would completely seize up the centralized exchanges, especially the ones with high levels of USDT reserves. So again, me personally, I don't use Tether. I use USDC almost all the time. If I have to, because I like to say Tether up, but it's kind of like going, well, I got to get an Uber even though I might just get a lift. It's just an expression. I use USDC. USDC is offered in Voyager. That's what I use a lot. So I just use USDC. And I don't see the problem because I mean, look, USDC by circle, it even has interest by Visa. Visa is picking up. So I mean, why would I just use USDC? I know people out there like, well, you don't understand, Rob, because USDT is the only thing. Well, here's the thing. Do you have to stay in US in Tether?  This is the question that I asked myself, especially for people like, well, maybe I could. Not all the time. But I think there's a problem with people who are in Tether and stay in Tether and they have their Tether on the exchanges. First of all, you shouldn't have everything on the exchanges. That is a big no-no. But I'm not here to tell anybody what to do. I'm just saying, this is what I do. Investment opinion, not investment advice.  The crypto economy would take a hit. That's true. Possibly big. And it's going to rebuild itself and keep moving forward. Ironically, that will all happen without any bailouts or regulatory interventions. Everyone involved is going to take full ownership for their own losses. Imagine that. That's pretty funny. So let's talk about this. If Tether is a complete fraud, I do not believe in any way, shape, or form that you have 100% of everybody just printing Tether out of thin air without collecting any dollars whatsoever. They're pretending to mint a peg to fiat dollars, which are themselves backed by nothing and can be created at will and using to buy what cryptos. So it's all big cycle anyhow. So this is some pretty good advice here. And I have to agree here. So this is what you want to do defensively. Don't trade on margin, neither cryptos or stocks. Never leave your coins in exchange. Aside from speculative funds, avoid complex DeFi strategies that collateralize or rehypothecate your assets. Just ask Mark Cuban and Iron Finance. Don't hold any value in Tether. If you have to trade on USDT, get out of some exotic or thinly traded altcoin pair and get out and move to some other asset. If you have to make use of a stablecoin, use USDC or die. I don't see the problem. Like I know it's not everywhere, but you can get into it if you really want to and you know you can. And then avoid Bitfinex and Binance for different reasons. Binance is having problems and you know, I don't know if I agree with that. Binance could be a great thing. It could be a great solid exchange, but they've had a lot of problems, especially with the banks. And it's just because they're trying to do a lot of different things as far as like derivatives and synthetics and things like that. And the SECs already say we're not going to let that happen. You're going to go through us. They're not doing it. That's not for me. That's for lawyers. So in conclusion, I will just say this, I just don't, I know people are like super worried like they think like Tether's going to crash everything. There's been different videos about it. Look, I've been hearing that the great economic reset is going to happen and that gold is going to take over. I have heard that's going to be Mad Max, Thunderdome, craziness. And that's the only thing that that could be gold or silver. And that didn't happen. And then when I got in in 2017, I also heard that Bitcoin was going to a million. And guess what? That didn't happen. And then I also heard that Tether was going to crash everything. And guess what? That hasn't happened. Now, could it happen? No. I'm just going to say it. No, it's not going to crash the whole thing to zero. And then everything's going to get out. It's not going to happen. If it does happen, yes, we'll take a hit. We'll take a black eye. It's just like the big connect days. You know, people hit that. And yes, it's not as big as or it's probably bigger than a big connect. And people get frotted out. And people are going to lose. That's why I say, if you're worried about it right now, then get out of Tether. It's the same thing like when you want to put your money on onto Celsius and gain yield or Voyager and gain yield or Gemini and Gale yield, but you're like, well, I don't know because they're not my private keys. Then just don't do it. Then put it in cold storage. And that's it. So you have options.  And just use your adult senses and do what you think is best for you and your family. I'm not telling you what to do. I'm just saying, just be cautious. That's all. All right. So let me know what you think about that in the comments section. Let's move on to our next piece where we get to talk about... Oh, actually, before I do that, I forgot to talk about this. There was some reserves done. Tether's Bank, Delta Exit, Stable Corner is fully backed by reserves. But the last one, this was just a couple of days ago. And this was Tether's General Council tell CNBC the audit is months away. This was on July 21st. And they went on, I believe it was CNBC, and the exchange was back and forth between them and the moderator. And they said, quick question just to follow up. I know you said you would be thrilled to be the first crypto company in Stable Corner to go through an audit. Do you have a date in mind? And Hunter says, we don't have this time, but we are reaching back a couple of years for financial audit. And it's in the process. Okay. Do you think it's years away? It's months. Only months? Sure. So like in my opinion, like if you've really, if you've been hounded this long for an audit and you haven't gotten it, there's probably something going on. That's all I'm going to tell you, right? When I got, when I got popped by the IRS, what four or five years ago, because they wanted to audit me, guess what? It all came through. Now I'm not a billionaire, but I was able to get a pretty darn quick. So to me, it just sounds fishy. I don't think it's going to break it, but I wouldn't be in tether. Simple as that. Let me know what you think in the comment section. Let's move on to a pretty interesting piece about Amazon and insiders. So this was from a friend of the show, James Bowwater over at CryptoAM. CryptoAM, if you don't know, if you're not from London, it's one of the biggest business publications that everybody reads over there apparently. I'm not from there. But yeah, and James is editor at large. And this was a story that he broke, I want to say yesterday. Oh, today. Pretty good. And there's been talk about this whole thing with Amazon posting for a blockchain and crypto expert. And to me, it was kind of just like the JP Morgan story where JP Morgan, the same thing, like we want to get a blockchain expert, but it didn't really reveal that they wanted to get into cryptocurrencies per se, just blockchain. And there's a big difference between getting the blockchain, that's what China is always talking about, and getting into cryptocurrencies. So like with this one, I found it quite interesting as an insider. And again, this is just an insider. This isn't somebody like Amazon's like, this is definitely happening. But when there's smoke, there's fire. So this is what's going on. So first of all, publishing a job advertisement for a crypto and blockchain lead, this was just happened last week, calls for someone who can leverage domain expertise in blockchain, distributed ledger, central bank digital currencies, and cryptocurrency. I like how James wrote this part. He says, it doesn't take a genius on the outside to deduce where Amazon might be going with recruitment. But according to an insider, the plans run much deeper than simply bringing someone on board to examine possibilities. This isn't just going through the emotions to set up crypto payment solutions at some point in the future. This is a full on well discussed integral part of the future mechanism of how Amazon will work. She told city AM. So this sounds pretty good so far. And just take it with a grain of salt. But it does look to be quite promising to finish up. She states, it begins with Bitcoin, it begins with Bitcoin. This is the key first stage of this crypto project. And the directive is coming from the very top. Jeff Bezos himself. The insider also explained that directors of the world's fourth largest company were keen to move towards taking off other big crypto. Once it had established a fast and secure method of Bitcoin payment. And this is where it gets pretty good. Because when we start talking about Bitcoin, we're like, well, that makes sense because everybody wants Bitcoin, right? They want to they want to hold it. They want to establish it. Maybe they want to just hold it for quite a long time, hopefully, like the car salesman and Tesla does and also SpaceX, apparently. So this is what she says. Ethereum, Cardano and Bitcoin Cash will be the next in line before they bring about eight of the most popular cryptos online.  Yours might be a part of Amazon. Now this could change just an insider, but who knows? I wonder why they picked those. Let me know what you think in the comment section of why they picked those cryptos themselves. And then lastly, this entire project is pretty much ready to roll. Bezos next plan would cause even greater intrigue. When all these crypto ducks are lined up, there's another twist to push things even further into Amazon's favor, a native token. This then becomes a multi-level infrastructure where you can pay for goods and services, our own tokens and a loyalty scheme. So look, that's pretty smart. If you think about it, right? If everybody uses, a lot of people use Amazon and with COVID that just came about, it really pushed everybody into that space because it didn't have to go to the store. They just ordered everything delivered. Everything was great. So I think that pushed up everything. Even Mr. Wonderful, Kevin O'Leary said that COVID-19 pushed their online business ahead by five to 10 years and just propelled everything.  Now I personally am not going to be using Bitcoin to buy things on Amazon, but maybe some people will. However, I could see why people would probably use other cryptos like a Bitcoin Cash. Pretty easy, pretty fast to use. Cardano, sure. Ethereum, I don't know. Maybe XRP, maybe Stellar, who knows. But that's not for me to say. That's for Jeff Bezos. So let me know what you think about that in the comment section. And then I just want to finish up with a couple of two quick snippets where I talk about timestamps and moonboys. So here's what I got. I did a little poll a couple of days ago and I just asked everybody, do you use the timestamps in my YouTube videos? Because I got to be honest with you. I never, I personally don't use timestamps. I just watch a video and let it play. But apparently a lot of people do.  Some, you know, a little bit, some say rarely and some say, what the heck is that? So I said, well, damn it, now I got to keep doing them. And then I will do them. I just didn't realize that people actually use the timestamps that religiously. So I will keep doing those types of things. And then lastly, I put out a tweet. I said, I think my channel would, and yes, I know I misspelled would, it's called autocorrect. But it was pretty funny though. I got a lot of like grammar Nazis. You know, what's expelled wrong? Yes, I know. But I can't change it when I tweet it. I think my channel would grow much faster if I just say that everything is going to the moon every day. And I just, I just had a tongue in cheek because I was perusing through my YouTube feed and I was like, man, everything's going to the moon. That's crazy. It's crazy. Look at that YouTube, moon, moon, moon, moon. And I was just kidding. And then I was like, don't do that. Don't, don't do it. If you do that, I will unsubscribe and unsubscribe. And there was, and I, there was some really good points here. And somebody said, like guy says here, he goes moon boy strategy only works in the short term and in a bull market, eventually one loses credibility and long term growth suffers. You're doing just fine, mate. Thanks, guy. And then double B your class, that guy. But then somebody said, I don't know if I can find it. Oh yeah, those who want to get quick, rich, quick, usually boom in the boom out. The great ones keep growing naturally. Don't worry, make the jump, make the jump in the pool. And that's another thing I, I promised to jump in the pool when I hit 500,000 subscribers, or if Bitcoin hits 100,000, whichever comes first. So I'll do that at some point. But one person said, I can't find it right now.  And they said, do you really want those types of people watching the channel? And then, you know, just assuming that everything's going to moon. And I was like, that's true. Nobody wants that. And it's, it's true. And I will say this, there's, there's a channel out there for everybody, right? Some people need that channel. They need that everything's going to the moon because they need to, to have that hope. And hopefully they evolve and they realize that there's these things called cycles, there's a bull market and a bear market. And things can always moon. But eventually, if you stick around for a while and you do the hard work and you do the hard things, but just dollar cost averaging and take your time, things usually work out pretty well.   And I'm hoping that we're on the mend and hopefully see some things. So I don't always give you, give you what you want. I just try to give you what you need. And that's about it. So look, first of all, if you stuck with me all the way to the end, I appreciate it. Thanks for sticking with me. If you like the type of video, give it a thumbs up. Also consider subscribing a lot of things we talk about on this channel are very time sensitive. Over on Dan clips, we do more of the advanced stuff and talk more about projects and things like that. So that's it for today. Thanks so much. I appreciate it. See you on the next one.


Contrary to the cliché, the world does in fact give joy. If that weren't the case, sin and selfish living would have no appeal whatsoever. But there is a major difference between the joy that the world gives and the joy that the Holy Spirit gives. The joy that the world gives fades quickly, but the joy that the Holy Spirit gives is everlasting. For the kingdom of God is not a matter of what we eat or drink, but of living a life of goodness and peace and joy in the Holy Spirit. That's Romans chapter 14 verse 17. Some find joy in only their money. Some find joy in only their accomplishments. Some find joy in only the things which are offered by the world. You and I find joy in the presence of the Holy Spirit. Because our joy is rooted in the eternal Spirit, our joy lasts. When you find your joy in that which is temporary, the joy itself is temporary, for nothing can outlast its source. The things of the world fade, change and become uncertain, but the Holy Spirit never leaves us, never changes, and is never unreliable. Chaos can stir all around you. Tragedy can catch you off guard. Difficulties can test your faith, but in every moment, in every circumstance, you and I can be joyful. The Spirit-filled believer isn't dull and lifeless. The Christian doesn't have to be stoic and cynical, for from the believer bursts the joy that can dissolve the heaviness in any atmosphere. On the believer rests the divine light, a spiritual, life-giving magnetism. It is the everlasting joy of the Holy Spirit. I'm David Diga Hernandez, and that is your Moment of Truth. Also, help us spread the Gospel of Jesus Christ in the power of the Holy Spirit. Make a one-time donation, or become a monthly supporter by clicking on the donate link now.


Hi, I'm Jenna. I'm studying fashion and textile technology at Saxon University of Applied Science. What makes Saxon unique and fun is that the course is really broad and practical and they have a hands-on approach and although it's really technical, what's unique about it is you learn almost every single hemisphere of the fashion industry so you learn about buying, you learn about merchandising, you learn about the textile technologies, you learn how the process works from when you design the garment to sending a technical pack to the suppliers and then getting back to the final product. Your first year is split into four quarters. Each quarter has a project that you'll do for eight weeks and then you have exams at the end of the ninth or tenth week. So your first project will be into the future and it's a really nice project because you have complete freedom to do whatever you want so you can really do whatever you are interested in. You can make a dress, you can make a t-shirt, you can make shoes if you want, it's really up to you and then they sort of teach you all the steps that you would take in a real-life situation if you were actually going to produce this garment and they tell you about how you would select the textiles and how the business side of it works so I found that project really fun. Then the second quarter is the collection project and that's a really nice project because you get to design and create a small collection and our year was for kids and we had babies so it was super cute, you got to make little dungarees for babies and then you had to do your whole market research, you had to analyse your consumers and analyse your target groups and it was super interesting to see how you would brand your company towards essentially parents because it's for kids and I think it's really interesting to see how you brand your products and how you would brand a business to your consumers. And then in the third quarter you do the buying project and this is about how you would source products, you buy a product from any shop and then you have to research into how it was made, who produced it, where it was made and yeah, pretty much everything about it, every seam, everything and it is very research heavy but it is super interesting and it's really good to realise that your clothes have a long road ahead of them before they make it to your hands. And then the fourth quarter is the materials project and you have the opportunity to innovate new materials and research into solutions that are currently facing the world. So for example a group made a bio-plastic from I think potato or cornstarch because you know plastic is really bad for the environment. So it's actually really gives you the opportunity to be creative within the projects but it's creative thinking more than design wise so I think that's important to remember. So some of the courses you get, in first year you get quite a lot more classes than in second year. First year you take commerce, basic textiles, business English, farming constructions, then obviously all the projects, you learn how to research, how to write a proper research report and then a little bit of mathematics and of course, as I said, basic textiles. So commerce goes into the in-depth, a little bit of accounting, a little bit of how marketing is done and what type of business is what. And then basic textiles is sort of in-depth into how textiles are produced and made and what machines are used and the different fibres and what properties certain fibres have over others. So it's really useful and super interesting but it is a lot of studying to do as well. In second year you still have basic textiles but then you focus more on the projects. We have English and sometimes garment constructions but yeah, garment construction is obviously how to sew a garment properly, how to create a technical pack that you would send to suppliers so that someone else can make the garment that you have designed which is super important and super fun. Interesting. And then years two to four. In second year you have the same four projects but sort of in a different aspect of it so we had the buying project and then we had to design a piece, a garment or a product and we had to create the technical pack and send it to our partner university in Bangladesh. There were loads, there was Vietnam, China, really there was loads of partners and they had to be able to create the product that we wanted from our technical pack and from speaking to us. So I think it's really useful because you get cultural communication training basically because you're talking to another country's students and you're finding out how they see our designs and how you have to communicate with them to get what you want in the end which is super important because the fashion industry mostly produces in other countries anyway. And then third year and fourth year you have the choice to structure sort of how you want so you have to do your smart solutions, your minor. Also you don't have to do a minor, it's optional. And internship and your thesis. So your thesis has to come last at the end of fourth year. So the other three you can structure how you want it to and your minor has so many exciting opportunities because you have the options to go abroad. Saxon has so many partners like all over the world. You can go to Canada, you can go to Italy. It's really like up to you where you want to go. And then for your internship also it's really up to you where you want to go and if you want to go abroad there's a lot of opportunities within the Netherlands to do your internship as well. And Saxon obviously has a database with all the internship possibilities that companies are looking for interns and I think they really do like Saxon students because we have so much knowledge about so many different like spheres within the course. The smart solution semester, that again it's structured in third or fourth year depending how you want to structure your two years. The smart solution is a semester where you have a group of students from a whole bunch of different studies and you have to come together and create a solution for a problem. So for example I saw a group made a dress for when you're feeling unsafe and it would like close. It was super interesting and super like high tech but it's really that's the opportunity to be creative and to be innovative. So you really do have the opportunity in Saxon to be creative and expand your knowledge. Because the study at Saxon is really broad what you can become one day is really like I think what you take from the study I know a lot of people come into the study thinking it's design and then realizing it's a lot more than that and it's not even really much design. It's not a fashion design school, it's fashion and textiles and I think it concentrates on an industry professional. Some students have gone and worked for Tommy Hilfiger they've gone to work at Aridas or they become quality managers so that means you test fabrics and test products to see if they meet quality standards. You can become a material developer because that's a huge focus in our study about how to develop new textiles in the future. The lessons in the study you have a couple of lessons a week it's normally not more than 30 students per teacher it's really nice that you can get personal attention if you need it, if you need to ask questions it's a lot easier. It is a lot of self study I would say they usually expect you to do a lot of work on your own and that is a huge part of it but they are always there to help you and then you have an individual study coach and you have all these meetings with them every quarter and to see how you're doing, if you have any problems you can always go to your study coach and they're always really welcoming and super nice they're like our fashion and textiles parent the teachers are all super nice, super helpful and they all have had experience in the fashion industry or in their sphere of textiles and yeah they're super, they're always there to help you they're really nice and I never feel like I can't ask questions or I never feel like I'm scared of anyone they're all so nice and they're really good at what they do when they really do care about the students and they really do want us to succeed Personally what makes this course interesting to me is the huge aspect of sustainability it forms a huge part of the study and I think it's really important because the fashion industry is one of the worst industries on the planet, it is the second most polluting industry after the oil industry so I think sustainability should be a huge part and we need to fix what's wrong with the industry and I think it's actually really enforces that and I like the fact that we learn so many different aspects it almost feels like if you were to start a business you have like a slight idea I don't really think, I don't know but I think you have quite a good idea of what you would need to do to get what you want Thank you so much for watching and if you want any more information you can search on Saxion under fashion and textile technologies I hope to see you here Hello, my name is Jan Casulagi and I'm teaching buying and sustainability at the fashion and textile course of Saxion Fashion and textiles is a truly unique course in which you can only do in Enschede We have a long history of more than 100 years of textile education in the 20th region The focus of the study has always been the materials and its diverse end users such as fashion, work wear, functional wear or interior textiles Many of the teaching staff have a long history and experience in the industry as well Over the years the bachelor study has evolved into a modern bachelor course with a high focus on sustainability The first year of the bachelor study gives you an introduction on the supply chain of the fashion and textile industry You will learn all the details about making a garment from raw materials, yarn making, dyeing and finishing up until the making of the garment itself Besides that, you will also be attending subjects on a commercial side of the business and getting to know what it takes to interpret market trends, consumer profiles and translate them into a commercial collection In addition to the theoretical modules you will also be conducting project work In teams of six to eight students you will be conducting projects along the three pillars of the education which are commerce, collection and materials The study year consists of four quartiles of ten weeks each The trip ten week period consists of eight weeks of lessons and two weeks of finishing and rounding up the quartile In terms of subjects you will be teaching all the details about the theory of making a textile product which varies from raw materials such as cotton, polyester changing them into yarn creating a fabric, dyeing and finishing them cutting and making a garment out of it In the second year you will eventually be going into more depth on the topics that you have been given in the first year In the projects you will be getting even more real life case studies which will help you to understand what it takes to work in the fashion and textile industry At the end of the second year you will be finishing off with a great fashion and textile event where you will be showcasing all the things that you have learned in the past two years and you can invite your family and friends onwards you are going to determine more of your own path You can either determine to do an internship first or go on an exchange minor or do the smart solution semester at Suction The smart solution semester is an interdisciplinary semester whereby you will be working with different Suction courses together on solving real life problems for clients and companies 60 to 70 percent of our student population decides to actually do an exchange minor inside or outside of Europe and they can go and study at one of our partner universities either in Europe or in the Far East This is a great benefit for you since you will already be exposed to the international nature of the fashion and textile industry The fashion and textile course will be finished with a thesis study whereby you will be doing a research project for six months at a company and thereby obtaining the diploma of the fashion and textile course You can do an internship at one of the companies over here in the Netherlands or you could also prefer to do your internship at a foreign company abroad which will help you to also understand the nature of the international fashion and textile industry At Suction you will be getting a study coach The study coach is going to help you monitor the progress of your study and at certain time when you have to make study decisions he or she will help you to make the right decision The smart solution semester is a unique opportunity to actually work beyond your own study and collaborate with students from other courses at Suction Suction has decided that it's very important that all of our students are exposed to interdisciplinary work and because the problems of this world cannot be solved by one discipline itself a true collaboration is needed and this is an exciting period whereby you will be challenged to work alongside with students from other courses The lessons are being offered either through theoretical modules in groups of 16 to 32 students In addition the project work consists a lot of self-study whereby the groups of 6 to 8 students will be working together in a group and performing a lot of exercises At the end of the study and when you are graduated you are being prepared for one of the three pillars where you are able to work as a professional commerce, collection or materials Examples of job titles in the commerce area are buying or production coordinator Examples of job titles in materials are materials engineer or materials quality specialist and examples of job titles in collection are pattern maker or product developer There are quite a few companies existing in the Netherlands especially in the western part of the Netherlands There are lots of big fashion brands such as Tommy Hilfiger, the Heyman or the Bajnkov where you can actually start working on the buying department In addition there are a lot of companies which are private so called private label companies and there are also opportunities On the other hand there are technical organizations such as Tenkater Textiles where you can also work as a materials engineer Suction is stimulating entrepreneurship a lot and students that have great ideas to actually start up their own business are able to actually follow specific semesters at the Suction Startup Center Here you learn what it takes to start up your own business A good example of such an entrepreneur is Laura Schneiders She graduated two years ago at the Fashion and Textile course She started up her own webshop in sustainable fashion brands There are a lot of challenges in the fashion and textile industry such as the environmental challenges and also social responsibility challenges I think today's world really offers an opportunity for new students to be part of that change and the change that is necessary to make the fashion and textile industry a more responsible industry and we are more than happy to support you on that with this great course So thank you for watching this video If you have further questions please go to our website where you find a lot more detailed information about this exciting course


I just want to make sure the microphones are off so I can speak, I'm confronted. Fiona, just the answer to your question is that there are two things that haven't been proven. One is that any of these experiments are scalable. And to David's point about administability, I ran the earned income tax credit program for five years and I can assure you that all the micro tinkering that is written into it today is difficult to administer, as the IRS will tell you. Secondly, it hasn't been proven that will work. You can look at experiments with lots of focus in specific audiences, which David has done and shown that in specific cases you can get somewhere, but can you scale it for 25 million people or some subset? And we don't know either of those things. So in addition to what was just described, it becomes, I think, a problem in general for us, which is scalability, which is why the R2S project works so well because we can scale and to the point we will ultimately, I think, make some differences. But those are just provocative comments for me. I just want to spend a moment to thank everyone for spending their time today. We really have had a packed day with some really interesting stuff. I know that folks have heard parts of it, but I don't think anybody has seen the complete picture of the conversations we had. And I think that's really a testament to the people who spoke, some of whom have already departed. I will be making a beeline for the airport momentarily. But I do want to thank, on behalf of our organizing partners, first of all, our keynote speakers, Representative Serrano, who reminded us of his mastery of public speaking after 40 years. He was fascinating and really provocative. Certainly, Melissa Coyde brought a weight and passion to her conversation, particularly about MyRA. And I think we'll hear more about that. I'd certainly like to thank our hosts, the Federal Reserve Bank of New York. I mean, thank you so much for rolling this out and making us feel a part of this. It's not every day one has a meeting at the Fed. It looks great on your calendar, particularly when your boss is looking. Colleen Briggs at JPMorgan Chase. Thanks for being the momentum to convene this group. We really do appreciate your work. Jonathan Mintz and Tamara Lindsay from the Cities for Financial Empowerment for being our original thought partners, which I did not know that, actually. I thought you were our original thought partner there, Michal. And of course, the New America Foundation for spreading the word. And I wouldn't be remiss if I didn't mention Dan Ariely and his always interesting and provocative commentary. Last, I do want to thank Michal and her team at WashU, Janie Alephant, Megan Brewster, Dana Parenti, Meredith Covington, and Samuel Taylor, who are strewn around the audience that have been helping all day. Special thank you to Krista Hollub, who works with me, used to work with Michal, and I stole her. And with that, let me just say thank you again for your participation and more to come. And did I forget anything, Michal? Pardon me? Oh, last thing. I know each of you has a program inside the program. You'll find a loose leaf, which is the evaluation form. We would really appreciate your feedback because the next one of these, we will make better based on what you tell us. So in the meantime, have a great afternoon. Thank you so much.


follow she is fantastic and she has such a kind heart and she is so sweet so please give her a follow this is beautiful look at this these are glass beads I believe now is that considered Mieleflory or is this just glass beads look how pretty oh my goodness oh and there's even some on the ends it's adjustable that is stunning look at that blue bead right there oh my you guys like it that is so pretty let's run it number 48 we're gonna run this at five dollars thank you Amy K for taking care of whatever was going on 15 seconds five dollars it is running this is absolutely stunning and if you don't like the the way it's made you can take it off and use these beautiful beads for something else wow that is amazing Teresa is winning thank you honey it's beautiful that is awesome nice pickup nice pickup alright let's see what else we got alright we have this looks like is this lava rock if anybody wants me to run that this is a long just plastic but it's really pretty really pretty plastic this is what it's gonna look like on the bust we'll go ahead and run this and I do shows like this every Tuesday and Thursday so if you guys want to join me on Tuesday and Thursday for untanglings I basically just dump boxes and dig through them and grab and sell okay we're gonna start this at three dollars also if you're thinking about selling on what not I do have tutorial videos over on my youtube channel where I teach you how to sell I show you how to ship and how to sell if anybody's interested here we go we're running this at three dollars it's just plastic but it's really pretty pretty pretty scam alert oh I didn't even see it I just usually ignore the drama unless it's ridiculous must have this thank you so much I appreciate your purchase scam alert what's that even mean alright my saint my hero fight for life some sort of little bracelet does that mean anything to anyone I don't know what that is I don't know if that's a brand or does anybody want me to run that just let me know may I see the multicolor piece which one honey this one yes okay this one is marked chaps right here's your little chaps tag here's your clasp so it looks more modern to me and it's plastic but it's really pretty I can run that oops I've got it stuck they're stuck on each other oh my goodness it's me it's not the necklace it's me don't wear it like that guys do not wear it like that you might get made fun of okay we have another raid goddess is raiding with a party of 33 thank you so much everybody give goddess a follow thank you thank you for the raid Amy will you tag goddess and put please follow and also jovi costa again just make sure everybody's following both of them and thanking them for the raid we're running this chaps necklace here for $3 it's plastic really pretty it's running running thank you so much for your purchase I appreciate it again I do untanglings like this on Tuesday and Thursday night and then Sunday I have a themed show that's kind of what I'm doing right now oh my goodness look at this little guy how cute is he what is this it's a pen glue residue but he is fun anybody like this little fun guy ah is it is it an aunt teacher armadillo you guys welcome if you're new here I don't know what anything is okay I'm just gonna tell you I call everything something else alright here we go we had a porcupine with eggs earlier it was very interesting it was really cute though alright we're gonna run this for $3 for the little armadillo and Amy K will you also tag jovicosta put follow jovicosta I think it's J-O-V-I-S C-A-S-T-A so the new people coming in can also follow her thank you guys so much for the raid calcite moon thank you honey thank you for your purchase alright this looks pretty look at that let's get some bling on it what do you guys think should we look at it this was an animal show turned untangling I think this is glass and I don't know what this beautiful stuff is but look at this wee some sort of rock oh man that is beautiful you guys see that that is awesome what auctions are nuts what auctions are nuts my untanglings or somebody else's ebay alright here we go we're gonna run this one for $5 it is beautiful thank you guys so much for being here 15 seconds $5 it's running look at that I don't know if I've ever seen anything like that it looks like a rock on this side and like fancy over here that is beautiful awe bears likes it thank you awe bears thank you guys for being here raw quartz maybe I don't know but it's pretty thank you so much appreciate your purchase let's see what else we got in here this is just a mumbo jumbo of jewelry look at this this is kind of funky what do you think that is wood let's put it on the bust let's see what it looks like here is your clasp so definitely a more modern piece but definitely a fun statement piece what do you think I think I kind of like it I think it's kind of cool I got some poodles in the auction tab if anybody wants me to run poodles got some poodle earrings we're gonna run this at $3 the black lava beads sure yeah I can run those here we go let's run this necklace for $3 thank you Amy K everybody please follow Amy K designs also she's wonderful we're running this for $3 for this awesome necklace I think it's wood and some sort of metal definitely a statement piece I love it no likeies no likers on that one okay I will put it under the auction tab and if anybody wants me to bring it back you just holler alright somebody wants the lava beads yep I can do that I don't know where I put those brooches did I stick them under there that is so weird alright here's the little lava I think they're lava beads and then these I don't know maybe some type of stone there we go let's do that this is gonna be number 54 tonight do you guys want to do some crafters lots after this I've got some two pound crafters lots it's just junk jewelry that you can repurpose let me know if anybody's interested in that we're gonna run this at $2 for 15 seconds it's running Amy was interested in that okay honey Jenny's winning thank you Jenny any more cats I don't think I have any more cats unless I happen to find a cat in here alright let me get that in a bag the crafters are just bags they're like two pound bags not really bling stuff this kind of looks like a planet it's kind of a cool looking necklace here's the clasp I'll show you what it looks like on the bust it kind of moves back and forth I don't know it's not really a planet but it's a circle hey it's as close as I can get right now alright we're gonna run this for $3 here we go it's a cool necklace it's metal yes and it's loading here I do include pictures guys so it takes me a minute to get things loaded here's the clasp and it looks like this on this ball chain and then this ball down here has little circles on it and it rolls and goes back and forth yes we'll do some crafters lots here shortly I'm gonna run a little more of this jewelry that's sitting here and then we'll do some crafters lots okay let me see what else we have in here I have a little zebra zebra oh my goodness you guys I'm sorry it's a draft anybody like the little draft it might have a little plateware on the chain but it's a little draft pendant yeah I know I can't it's late you guys it's late it's almost it's after one I can't tell the difference between animals okay that's just an excuse alright here we go we're gonna run this little draft Amy's like she's a liar she messes up all the time alright here we go $3.15 for the cute little draft little bit of plateware up on the chain but the little draft looks pretty good I don't see any markings on it Jenny likes it thank you Jenny I did warn everyone yeah I did warn you I did warn you I'm a little goofy I'm a little goofy alright let's get that in a bag and then we're gonna see what else we have to run we've sold 140 things tonight woohoo thank you guys so much thanks for hanging out with me this is a little elephant I think that's cold probably how light on this chain anybody want me to run that let me know what's this one here's a little owl silver tone like almost pewter looking some sort of metal on a chain anybody like those let me know here let's run this this looks pretty this is blingy looks like that here it is on the bust it has a modern chain on it I ran some gold tone brooches earlier I don't have any close by I mean I have jewelry coming out my ears but not close by I ran the brooches that I had close by we're gonna run this at $3 it's really pretty here we go but check back I'm having a all vintage show next Saturday I've got about 60 some items preloaded right now for that and Tuesday and Thursday I'm having a grab and sell $3 on this one it's really pretty you guys don't like that one don't like the bling gold tone pin upside down gold tone pin okay oh yeah I can show that sure of course if anybody wants me to re-run anything let me know can you re-run the long bling necklace yes it's right here no potty breaks allowed what are you thinking you know what happens when you take a potty break I run something you want there you go ob eras honey it's running that's the necklace I just showed not a problem I was just playing you're allowed to take a potty break thank you so much okay what this one right I don't know it's got a little thingy right there maybe you put a chain through it and it's a brooch I don't know that's what it looks like I'll run it if anybody likes it number 58 does it open no it does kind of look like it would but no it doesn't open nope alright here we go let's run this little brooch I'm going to switch hands there it is and it is running for 15 seconds does anybody want to see the red poodle earrings red poodle earrings or the green stone elephant Amy K likes this one Amy K is going to get that I think I'm going to knock it down to 10 seconds do you guys want me to do that oh I see a fish anybody like fish look at this bracelet it's got little fish on it looks like that yeah alright well here you go got some fish little fish bracelet this is number 59 we're going to start it at 3 bucks fish sticks you like fish sticks these are not fish sticks alright here we go cute little bracelet 15 seconds $3 that's running I forgot to change it to 10 I don't know if these are metal or what they are I don't know it's interesting it's cute thanks for your bids thank you so much congratulations Amy she said congratulations to me Fiona is going to take that one thank you Fiona thank you so much thanks everybody for hanging how about this bling looks like these stones right here are a little bit darker but they're on the end oh it's missing a rhinestone right there does anybody want this for crafting anybody want this as a crafters piece I'll go ahead and run it as a crafters this is number 60 it's got lots of nice rhinestones for crafters or you could replace that stone also let me know if there's anything under the auction tab you would like me to run 15 seconds $3 and it's got a missing stone and then a couple of the stones over here look kind of I guess dead is that what they call them dead stones aw bears is winning I found a moon is the person here who still likes moons this is a crafters piece everybody please follow Amy K Designs she's awesome I found this little moon pen I can't is there let me see oh it's missing a stone right there yeah just one one little rhinestone is missing it's a little moon pen looks vintage does anybody want me to run it and they can repurpose it I'm not really sure what all is in here I'm just grabbing and selling right now I have tons and tons of jewelry I'm having a vintage show next Sunday there's 60 some items loaded to that you can check it out if you want we're going to run this little moon for $2 as a crafters item but I do sell beachy nautical things yes just depends on what's what's here and there $2 if anybody wants to fix this just needs a little rhinestone right there little moon pen on that one no problem what about these gold tone leaves what these are but I don't see any markings on them but there's two of them I can put this little moon with it you want to do that together does anybody like the leaves run it and we'll see if anybody likes it they look like they're dipped or something I don't know I mean I don't think those are real leaves are they are those real leaves could it be it's running 15 seconds 70s 80s really you think that's what this is I don't know if it is that'd be cool and then we'll put the little moon with it the moon is missing a rhinestone maybe I should have my husband test it be like hey test this for me were they like actually real gold what about this is this a seashell a seashell with like a gold trim on it and it's a pendant anybody like that this is going to be number 62 you guys can check the auction tab let me know if there's anything you want me to run otherwise we're going to keep grabbing and selling here 15 seconds $5 for the pretty seashell gold wrapped I don't know would you call that wrapped I don't know what you call that it's cool anybody like that one nope okay do you guys see anything let's see we've got this says Sarah Cove some faux pearls what this is we'll look at that in a second let me get this in a bag for later thank you for the follows thank you so much these are put together do you think this is leather maybe pleather I don't know a couple bling bracelets adjustable these are kind of fun anybody like those here's some bling you think I should have him test the leaves we're kind of lazy we'd rather just or I would rather just throw it in a pile and sell it I could probably sit it on his desk and say please and then it'll happen someday 15 seconds $3 it's running for the two bracelets no takers do you guys want me to do the crafters bundles yes okay alright let me get this put to the side I found that leaf I found the little pile of things um who wanted me to run this leaf it's the Bond Boit or something like that it's missing some rhinestones and some of the rhinestones are yellowing I'm gonna run this I don't know if you're still here I can't remember who asked it's a crafter's item real quick alright let's see loaded sorry guys $2 15 seconds it's running and it's a TLC crafters Mishka Mishka there you go Mishka it looks like it's a bookmark do you want to see it the butterfly that's pretty it's a little bracelet a little bling bracelet this is the butterfly it's a bookmark does anybody want me to run anybody want me to run the bookmark and then here's the little poodle earrings that are still available and then I have this poodle with wings it's a brooch if anybody wants either of those I've got a school bus and a schoolhouse brooch and then the little uh greenstone elephant I think everything else you guys saw alright let me get stuff out of the way run the bookmark okay 64 run the little bookmark butterfly bookmark $2 start one second to get it loaded and there you go two bucks for the butterfly bookmark Amy Kay likes that one thank you oh here's one of those rolly bracelets I know there's somebody that follows me that collects those I need to go to bed run the schoolhouse pin okay so you're gonna get you're gonna get the bus the schoolhouse and you know what I'm even gonna put children first with it okay so you're gonna get all three of these and it's running for five 15 seconds and I added another brooch this one is not marked this one has the little hands on the back I don't know what that stands for but all three won money oh no no sorry honey no problem if anybody wants me to rerun that let me know I'm gonna take that one back out just threw that one in okay do you do the ABC pick thing you used to do aw bears you know I haven't done that for a long time just because it takes so long okay let's do um a few crafters bundles see how they go so this is all what I consider to be complete crafters junk jewelry items that are broken and need repaired or repurposed or you may not even be able to do anything with some of them here's like a cuff um it's got plate wear uh I don't know I don't know it's been a long time since I've touched some of this stuff so I'm just gonna show you kinda what's in the bag to me it's a bunch of junk to a crafter I mean it's another story I know you guys that craft use this stuff for stuff but like these I don't know it's just a stretched out bracelet this has some little different Christmas charms on it something this has a heart that's got plate wear heavy chain and I don't know what this is so I didn't weigh it it's probably between a pound and a half and two pounds it fills a quart size bag it fills a quart size bag this is gonna be number seventy we're gonna start it at three dollars and once you bid on one your shipping should be not free but we're gonna do some of these crafters lots and then we're gonna call it a night so we'll see if anybody's interested in this fifteen seconds three dollars it's running for the crafters lot all bears is winning and if you already have free shipping that's great Amy K's in there thank you I'm gonna start loading the bag so that's basically what the craft watch are like they're just basically junk jewelry lots that you can repurpose would you like to see some more of those and you are number seventy there's your there's your number okay I can do a few of these I can't reach them really oh left the bag here I can tell you what they weigh okay this one weighs one pound five ounces one pound five ounces so oh that one's nice but the bracelet stretched out but that's really pretty I don't know what that is it's got glue all over it this I'm gonna pull that hair thing out I don't know why that's in there Abercombe and Fitch bracelets I mean you might find something that could be easily fixed and be wearable I don't know this is pretty cool this has some pretty beads on it some little hearts so there you go that's your bundle three bucks it's gonna start at three dollars this is gonna be number twenty four three dollars start one to two pounds we are gonna run it thank you all for being here thanks for hanging out let me get this loaded up fifteen seconds it's running for three that one's really pretty you can make that a brooch oh it's missing a strand that's what's wrong with it thank you thank you for your bid oh bears okay thank you I have a big lot it's mostly the color black items that are black I'll show you in just a second let me get this one loaded up we're doing crafters junk locks right now this one weighs two pounds nine ounces this is bigger than a quart bag so it's all tones of black a bit of rhinestone there but probably everything is broken or needs repurposed kind of hard to see but that's what you're getting what did I say that way I can't remember now anybody remember over two pounds okay I think it was alright yeah this is a bigger one alright we are going to run this one and it's mostly black jewelry fifteen seconds five dollars this one's a little heavier so we're going to start it at five I don't know what some of this is all bears is winning you got it honey number ninety seven sorry I'm getting in the bag here thank you I appreciate it let's do another one I have a couple and they'll be in my reach okay this one weighs one pound five ounces what this is Hufflepuff this is one of those silicone bracelets this is an eyeball you could use the repurpose those it's a cat brooch okay there it is crafters I call it crafters junk but if you're a crafter you may see something I don't because I don't craft yes okay we're going to run this for three dollars discounted shipping is turned on so once you hit eight thirty five shipping is free fifteen seconds it's running for three if anybody likes this bundle thank you for your bids we got this flower too all bears that one's coming to you and I literally was just throwing stuff in these from a big tote of crafters items I think from now on I'm going to start doing it like some crafters items at the end of each show I did a whole crafter show the other night and it's just everything is so heavy it's a little bit overwhelming I think so I don't know that's number six I may just do some at the end of every show this one is one pound eight ounces this one does have some of these bracelets I don't know if anybody is like into these I don't know what they say I don't know what that is but you could definitely take it apart these I think are plastic I don't know what's wrong with those there's a clip on earring maybe there's just one I don't know what's wrong with that on it a lock this just needs little rhinestones that's a really cool piece right there I don't think it's signed but it's missing little rhinestones and it's got some plate wear and then I don't see what's in this it's got a vintage broken clasp and then I don't know what this looks like a bunch of just heavily plated stuff you can do anything with that or not okay so there's your lot this is going to be number 61 dollars three dollars that's why I want run them at three dollars and I show you what's in there that way you guys know exactly what you're getting and can make an informed decision if you want the crafters junk or not three dollars fifteen seconds sometimes it only takes like one or two things like oh I can use that I can use that for something cool vintage clip on all bears is winning thank you so much I mean even just on the vintage that one vintage what do you call it necklace had a cool clasp there's some rhinestones alright that was number 61 I'm going to do a few more crafters items here and then I am going to call it a night this is number 61 you got that one thank you this one weighs this one's just one pound like less than one pound one ounce it's just a little over a pound so this I think this is kind of cool um I would consider this one to be wearable it does have a little plate wear on it mesh and it has these little beads in it and it has kind of a what do you call that wear that shades change I'm not sure what that is I'm not sure what that is or that that's plastic I think well I don't know it's cold I don't know what it is here is something in a bag it must be broken maybe I put it in there to repair I don't know this is an interesting lot there's some earrings that's just plastic and these are just I don't think there's anything wrong with those and then this is just a hair thing so that looks like it's got some wearable items in it it's just a little bit over a pound we're going to run it for $3 here we go ombre yes thank you thank you that's what I was looking for it's running 15 seconds $3 thank you for your bids thank you thank you Amy K is winning thank you come in your way you guys want to do a few more it's up to you 33 let's run this one and then we'll call it a night this one's heavy it's two pounds nine ounces two pounds nine ounces and this one is a tangle oh look at that look how old that is this is made in China it's got a barcode but so this is what I call a tangle so sometimes when I'm going through jewelry I get big tangles and I'm not patient that doesn't mean there's going to be anything good in here I have no idea that looks like some sort of stone that looks like an earring I mean it could still all be drunk there's a hello kitty Sanrio um that's part of a thing but it needs untangled so this is an untangling hot mess untangling I can't handle all that I can't handle that tangled mess this one is a little heavier so we are going to start it at five here we go we're going to run this for five dollars fifteen seconds it's running it's just tangled mess I don't know if there's anything good in there or not but I'm going to say it looks like mostly crafters if you can even get it untangled Annie's Art Effects is winning thank you you got it that is number twenty three that is it guys there's your number twenty three sticker we are going to call it a night Tuesday and Thursday I'll be back on with an untangling I just throw bags down and go through them and then grab and sell and then on Sunday is my show so you guys can follow that and we are going to raid Jim G he does sterling silver so thank you guys so much I appreciate you all being here thank you to all the people that came over from the other shows I hope you'll follow and I will see you guys all soon thanks for your purchases and thanks for hanging out with me alright I'm going to send you over to no I'm not hold on I have to do it from this phone I'm going to send you guys to Jim G have an awesome night and thanks so much for watching and I will see you soon