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It's important to eventually get a comprehensive financial plan for yourself, but sometimes even just a few minor adjustments in your portfolio can make a big difference. Let's discuss a few easy places to start... Important Links: Website: http://www.yourplanningpros.com Call: 844-707-7381 ----more---- Transcript: Marc Killian 00:00 It's important to eventually get a comprehensive financial plan for yourself. But sometimes just a few minor adjustments in the portfolio can go a long way. This week on the podcast easy wins in personal finance with Tony Morrow. Look up in the sky. It's a bird. Announcer 2 00:15 It's a plane. No, it's the tax man. He may not be a superhero. But Tony Morrow has saved many retirement plans with his extreme knowledge of tax planning strategies. It's time for a plan with the tax man. Marc Killian 00:30 Hey, everybody, welcome in to plan but the tax man with Tony Morrow and myself here to talk easy wins in personal finance. With Tony we're gonna get into it. We're gonna make this a two parter for the month of December, as we're wrapping up the year here. So we're gonna go through a few pieces this week on the podcast. And then we'll do the rest of them about a week or so before Christmas. So we will share a few nuggets of information with you guys. As we're winding down the year, Tony, my friend, what's going on? How are you this week, Tony Mauro 00:57 I'm doing wonderful, you know, getting ready for winter and getting ready for Christmas. Marc Killian 01:02 Now doing pretty good and pretty much the same thing. It'll be it'll be here in a hot flash, we you know, it's got about three weeks to go at the time we're dropping this podcast, but you know, that'll that'll go by in the blink of an eye. So make sure you get all your stuff done and ready because it'll I'm sure it's gonna be goofy out there to people running around crazy. So keep your head on a swivel. That's for sure. I get this week I got some, like I said, I guess some easy wins for us, Tony, I want to go through a couple of things here. Just give some people some places to think about things where they can make little tweaks. Sometimes, folks think, Oh, I gotta go see a financial professional or I got to talk to a financial person. That's gonna be this major pain is hefty overhaul? You know, sometimes it's just little things, right? So let's talk about the little things like cash. Let's start with cash. Cash, is King cash King this time of the year, right? We tend to spend a little bit more cash, maybe we've been piling it up. And so yeah, maybe it's dwindling down for the holiday season. But if you do have some piling up, you know, just be careful where you got it. Right. Don't Don't let it sit there and be too lazy, especially with the considering the fact that the times that we're in right now, it's only when maybe a money market for a smaller amount for short term, or even a CD could be a good option versus what it has been versus just leaving it in the savings account. It's Tony Mauro 02:13 because the savings accounts are still doing pitiful, right? Things counts and checking accounts. Yeah, really awful. Nothing, right. But so these are like a like a 12 or an 18 month might be okay. I just saw it, you know, and for years, you know, from our end of it, you know, for people that are looking for fixed income, you know that FDIC insurance, you know, we've had to say, hey, look, it's terrible, you know, you're not going to be able to live now all of a sudden, I mean, I just saw one in the paper on Sunday, 5.35, for 1718 months, something like that. But the point there, though, is, this happens more with my retiree clients, my dad being one of them, he'll stockpile a lot of cash in his checking account. Next thing, you know, he's got $100,000 in his checking account, you know, and it's paying zero. So we have to try to convince those types, that, hey, you know, we're not saying take it all out and invest it, we're just saying, let's put it to work for you. Maybe you know, 60 70,000 In his case, and still remain very safe and whatnot. So even if you're working, you know, I never advocate having tons and tons of money just sitting in the checking. Now a lot of people will say, Well, I'm saving that for a rainy day, well, then that should be in a rainy day fund, that should not be in your operating account. You know, you're just like we do with businesses. We call it the OP X, you know, don't don't just let that money sit there and make it work for you a little bit, even if it's money market rates, you know, yeah, they're not Marc Killian 03:36 bad start to add up over time. Yeah, yeah. Yeah, for sure. And we'll kind of keep this in a different context. Because all my list also is an emergency fund. So we'll talk about this cash, the cash amount, maybe from the retirement standpoint, because you're not really, you know, the emergency fund conversations a little bit different when you're retired, is it's all coming in, right. But if you're still working, or you're retired only, again, you know, sometimes it just makes you feel good to have $100,000 in cash sitting in the savings account. But is it really the best thing for your portfolio for your plan? When it's just not doing it? It's not it's lazy. It's not doing a whole lot. We don't want lazy money. So Tony Mauro 04:12 we don't want that. No, and you gotta get clients over the fact that we still have the money. It's just a different account now. Yeah. And it's a lot easier for them if they can see it, because a lot Marc Killian 04:23 of money markets liquid, right, versus like a CD where you're maybe tied up for 12 months or something a little different. There will differ, Tony Mauro 04:29 you know, money markets, very liquid, you know, CDs, even if I mean, they're not as liquid, but you're not going to get really hurt too much. If you have to get out early. But yeah, there's a little bit difference in liquidity there. All right. Marc Killian 04:41 All right. Good to know. All right, number two, cleaning up old life insurance policies. So again, this is, you know, this is an easy win, right? So if you got got an old life insurance policy sitting there that you've had for 20 years, it might be worth taking a look to see if you can get better coverage at a cheaper rate. Tony Mauro 04:55 Yeah, even though you know, you're much older maybe you know, Because the rates have changed a lot in this area over the last 2025 years. Now, I think it's a good idea to review your policies like we were talking on the last episode as part of your year end plan, but you should clean some of these up. Because one, you may have bought a an older policy that you don't need any more. Or like you were saying, you may be able to get more coverage or the same amount of coverage for a lot less, and extend out that term. If you're, you know, if you've got term insurance, but even the whole lifers in the universal policies have changed, you might be able to roll that into it, you know, whatever cash value, you may have, roll that into a newer policy with better benefits. And so yeah, I wouldn't overlook that, for sure. It's pretty easy. Marc Killian 05:41 Now think about TVs nowadays, right? You know, TVs are, they're so throwaway, right? You know, the prices are so far down, that if something happens to one, you know, you just go and replace it. And they're not that expensive, versus like our old ones from the 70s 80s or 90s. Right? Where it's like a piece of furniture. Yeah, these furniture had weighed 500 pounds. Yeah, and you'd have to probably service it before you'd replace it right? Well, nowadays, replace it. So before you throw it out, you know, double check those old life insurance policies and stuff like that, clean those up. Liban speaking of cleaning up, number three, cleaning up and consolidating old 401 Ks, you know, if you've got one or two of those, from an old job, it's gonna not only make your life a little happier, but also your financial professional, clean that stuff up, put Tony Mauro 06:22 them together. Yeah, clean it up, it's easy to do it's paperwork, it takes a little time, I've seen people, as many as like five or six of these, you know, bouncing around, they get statements from different, you know, the, the person is bouncing around over the years, you know, and then next thing, you know, they've got all of these different 401, K's with small balances, you can easily consolidate those either in possibly your new company's 401k. Or if nothing else, a rollover IRA and get it all in one spot. Yeah, make it a little easier to monitor and have more choices. Really? Marc Killian 06:53 Yeah, tons. And again, it's worth talking to your financial pro about what you know, like, what's the best strategy for doing that and everything and getting it put together. But it is pretty easy to do. And it will give you just a lot more options. So consider doing that as well. Number four reconsider that that managed account you may have may not have a lot of management going on. So if right, for example, Tony, if you're working with someone who's got you into mutual funds, for example, and it's just been that way for 10 years, well, there's not a lot of management happening there, they just kind of let it be right. And maybe there's some better options. Tony Mauro 07:26 Yeah, and I think they're the key is, is you've got to have a good relationship with your advisor, and they have to be doing something for the management fee, even if they're not changing investments, which, you know, sometimes we're in, you know, a basket of mutual funds, that we tend to rebalance. And so we're at least rebalancing, number one. And number two is we're meeting with the clients four times a year, and then that last meeting, you know, making revisions to the plan, because that's really what you're paying for is trying to keep that advisor or coach, if you will keep a new on track, right. If you're not getting that whether it's, you know, it's sometimes you're right, you need goals have changed, risks have changed, we need to reposition a little bit. But if you're not getting any of that, well, then you're really ended up paying for something for you. No, no, no real value added. Exactly. Marc Killian 08:19 is speaking to the mutual funds. Tony, my fifth one on here, that will do five for this week, and the likes that we'll do the remaining for the next podcast. But it is Ricans, it's considering replacing those high expense mutual funds, because that is typically the conversation piece. I just saw something a couple of weeks ago, I think it was from New York Times, but I'm not 100% talking about the death of the mutual fund. And so while they don't think they're gonna go away anytime soon, because there's so much money in there from a you know, especially I mean, the institutional thing, but ETFs really have just, you know, clearly taken over in this space over the last 20 years. And just about every advisor, I know really talks more to their clients about ETFs versus mutual funds for a myriad of reasons. Can you kind of break that down a little bit for us? Tony Mauro 09:04 Well, we do two, we're in that that camp, I mean, most of you know, the funds that we use, you know, our ETFs are a variation of them. You know, Vanguard is a big family, the real thing there is, and I love mutual funds from an advisor standpoint, don't get me wrong. But if you can take different ETFs and get the same diversification, you know, you're basically mirroring the returns and or losses of those particular indexes. And most of the time, the studies have shown that the best minds can't outperform the market consistently year in year out and they lag a little bit. And then their manager fees tend to drag down the returns a little bit. You're talking about the expense ratios and the fee for management. Right, right. And the next thing you know, you're you're a little bit less, and then you've got an advisor maybe in their way to half or 1%. And so, you know it does it drags down the return heard. So we try to, you know, use them. Because basically, if they're paying us a half to 1%, for, like we just talked about, you know, for management and help, we want to keep those other fees as low as possible. And you could do that with ETFs. Now, I could see mutual funds. You're right. I Marc Killian 10:18 mean, they've got so much money in them that they're not going to go away. But I think more and more advisors at least, and even people doing it on their own right are starting to understand, hey, this is a real option. Yeah, it seems like it's more in the institutional space for a lot of folks. Because ETS, I mean, they trade like a stock, right? I mean, so you're not waiting. We're not waiting till the end of the day before, you know, the total information. And it changes like a mutual fund. The fees are certainly the conversation piece for many people, that typically tend to be a significantly lower when working with an ETF. And it's just technology change, right? I mean, mutual funds were created in the 1920s, you know, and it took till the 1990s, before two ETFs came along, and it could it really took that technology boom, it to create the ETF. So I mean, mutual funds have been great for a very long time. But if there's a better option out there, again, to the point of this conversation, easy wins, it may be worth it to take, you know, to rethink those high expense mutual funds, right? And is that something that you guys do like when you you're doing a review, somebody's coming in new for the first time and you're going through their portfolio portfolio, one of the things you're looking at is fees and stuff and like how to, you know, evaluate and get the best value there? We do Tony Mauro 11:27 when somebody is coming in new we that's what we look at, we don't really focus on, on returns. And that sounds kind of counterintuitive. But we're like everybody else, you know, we're not doing this, right. Yeah, we're not chasing that. We're we want to get the best return for the client based on their risk portfolio, or risk tolerance and their tax, you know, preference. Marc Killian 11:50 Yeah. Does that mean tax efficiency, that's going to be next on our list. But that was, I would say to that point, right? fees, and taxes are usually where you guys make, you know, that's where you guys really earn your keep along with, I think the behavioral management of it, because that's where somebody will tend to lose our money. Tony Mauro 12:06 It does, you know, and it's, I remember back when, when mutual funds you to buy a mutual fund, you know, you paid an 8% to load, as they call it, you know, to go into them. I remember those days. Yeah. And that if we can keep fees, you know, as much as possibly as low as possible. I think, you know, again, at the end of the day, just only going to help your portfolio. And that's, that's what you're paying us to do, right? Yes. Is that's part of it. Yeah, Marc Killian 12:33 for sure. All right. Well, there you go. So there's the first five of our easy wins in personal finance, some things to certainly ponder there. And as I mentioned it, stop the tax. And we'll talk about that on the next half when we come back a little later in December and pick up the final pieces of this conversation to wind down the year. So don't forget to subscribe to us on whatever podcasting app you like using Apple or Spotify, or now Google, I think, is merged everything. So it's all under the YouTube banner. But either way, you know, you've got all that stuff typically pre installed on your phone. So whichever one you like to use, just type in plan with the tax man in the search box, and add to your podcasting or streaming list of things to check out. And of course, Tony is a CPA and a CFP. And an EA was 20. Well, actually close to 30 years now. Right, Tony? That cost? Yeah, I've experienced doing that, sir. There you go. So if you need some help, they are certainly here to help at tax Dr. Inc. You can find them online at your planning proz.com. That is your planning proz.com where you can also find the links for the podcast of as well. So a lot of good tools, tips and resources there, go check them out and see if they can help you with your situation. You're planning proz.com All right, my friend. Thanks for hanging out. Thanks for running through these first five with me. And I'll talk to you again in a couple of weeks just before Christmas, and we'll do the other half. All right. Well, sounds good. And Tony Mauro 13:51 we'll look forward to talking to you then. Marc Killian 13:52 All right, we'll see you next time. We'll hang out with Tony Morrow right here on plan with the tax man with Tony Morrow from tax doctoring. Walter Storholt 14:05 Securities offered through a van tax investment services SM Member FINRA SIPC investment advisory services offered through a VAT tax advisory services insurance services offered through an event tax affiliated Insurance Agency
US Treasury Secretary Janet Yellen discusses the state of the US economy, additional sanctions on Hamas, and China's relationship with the US. She speaks to Bloomberg's Peggy Collins in Washington DC. Full Transcript: US Treasury Secretary Jenny Allen. She joins Bloomberg News in Washington, d C. For a conversation around the economy, moderated by our Washington Bureau Chief Peggy Collins. I think we'll start off with the economic data that came out this morning, third quarter GDP showing a robust four point nine percent growth rate a pace in the third quarter. When you look at those figures, do you think we've likely avoided a recession or do you think it's too good to be true because inflation is still so high. Well, it's a good, strong number, and it shows an economy that's doing very well. Let's remember it is just one quarter's number, and I'm not expecting a growth at that pace to continue. But we do have good, solid growth. You know, probably the year will come in close to two and a half. I wouldn't be surprised if we see that we have solid job creation, a low unemployment rate, increased engagement in the labor force. Labor force participation is strong, more people want to work, and inflation's coming down, and you don't really see any sign of recession here. I have to say I've been saying for a long time that I believed there was a path to bring inflation down in the context of a strong labor market. Frankly, it's only it's about a year ago since I believe a Bloomberg model predicted that by October of twenty twenty three. Now, namely that you saw at the odds of recession at one hundred percent, I don't think we have that. You know, what we have looks like is soft landing with very good outcomes through the US economy. So I think there's a lot to be pleased about. And you see good strong consumers spending, consumers still have substantial wealth, it's substantially since the pandemic. I think it's supporting good, strong spending and the economy is doing well, and I think US growth is making a contribution to stronger global outcomes as well. So you just pointed to a number of things that are positive about the US economy. But we've done a lot of reporting in recent months that here at Bloomberg, who sent reporters out all across the country, and what we're hearing from people on the ground is that when you ask them about their personal finances, they feel pretty good. For a lot of the reasons you just mentioned the labor market, their ability as consumers to spend, But when you ask them about the direction of the US economy, the sentiment is much more downbeat. So what can you do to close the gap on the positive side in terms of how people feel about the US economy, especially as we head into an election year. So I think Ricans have been through a lot with the pandemic and the lockdown for almost two years than a period of high inflation. And as you say, they do seem to feel good about their own personal finances. Surveys of job satisfaction suggests people feel good about their work too. We've rarely seen higher numbers on job satisfaction, but they seem very worried about the economy and that things are not doing well. You know, the US economy has suffered from structural problems from a very long time. For a very long time, A significant share of the population, particularly those who haven't had a college education, who have really not seen meaningful growth in their real income and have seen a decline in job opportunities over really approaching fifty years. And I think what Americans need to know is that the Biden Harris administration is really decisively changing that we are investing in America. We have passed three a trifecta of legislation that people will increasingly see who've been suffering from a shortage of job opportunities. I think they're really going to see things change. First of all, we're spending an enormous amount to repair America's infrastructure, and increasingly people are going to see their roads that they get hung up on every day. It's hard to commute with potholes everywhere. It's going to be fixed, Bridges are going to be improved. Reports, people are going to within the next several years, virtually every American will have access to good, good internet, so improving digital economy. And we've seen an enormous set of investments announced in response, largely to the Chips and Semiconductors Act and to the Inflation Reduction Act in clean energy, and jobs are being created. What we see in this past year is that a disproportionate share of the jobs that are being created are in communities that have had less economic opportunity, communities with below average incomes and with a below average share of people who have a college education. So this means that uppportunity will increasingly come to people who really haven't in a sense, gotten a fair shake over the last fifty years, as they've seen jobs disappear. And you know, President Biden and Vice President Harris and I really believe that you ought to have access to a good job, even if you don't have a college education. And increasingly I think people will see that good opportunities are being created. Certainly, the President is trying to go out and explain to people what this longer term, medium term agenda. He would say, it's a matter of growing the economy from the bottom up, in the middle out. What we've had is too much of trying to grow the economy to trickle down from the going with gains going to the top with a hope that it will trickle down. And I think we beginning to see the fruits of these investments begin beginning to pay off. So I think the Americans have a lot to look forward to and beginning to see this in their daily laws. So we were just talking about americans perception of the economy. But another thing we follow closely here at Bloomberg globally is investors perception of the economy. So I want to ask you a little bit about the rise in yields that we've seen. We've seen yields surging over the last few weeks. The ten year treasury rose above five percent earlier this week. What's your view on what is driving that surgeon yields and how much of it is connected to investors' concerns about the US deficit. Well, I don't think much of it is connected to that. This is a global phenomenon in advanced countries. We're seeing yields go up in most advanced countries of the world, and largely I think it's a reflection of the resilience that people are seeing in the US economy. That we're not having a recession, that consumer spending and demand continue to be strong. The economy is continuing continuing to show tremendous robustness, and that suggests that interest rates are likely to stay higher for longer, and so part of the increase in yields I think is simply a reflection of the strength of the economy, the notion that interest rates will be higher for longer. Now, whether or not that's really true, if we look at five or ten years, what are interest rates likely to do? Honestly, for a very long time we've felt that interest rates over decades had been coming down real interest rates, and that there were deep structural reasons for that, in part relating to demographics and those underlying trends. They're still there, they're still in force. So I think it's perfectly possible that we will see longer term yields come down, but nobody really knows for sure. But I see the higher yields as certainly importantly a reflection for stronger economy. So when you think about the deficit, I think one of your preferred metrics for assessing US fiscal stability is to look at the net interest outlay as adjusted test relation. And right now, I think you've said that those levels seem good to you, but there are in real terms, it's about one percent a little bit under that. So that's helpful in terms of kind of the next figure I was going to mention is several economists out there are forecasting that that figure by twenty thirty could be well north of two percent. So at that level, would you be alarmed? In terms of the sustain fhysical sustainability. Let me just say, fiscal sustainability is really critical, and President Biden is committed to putting forward a fiscal plan that shows fiscal sustainability and uncertainty about interest rates. Interest rates do influence what the path of that real net interest is going to be. There's a bigger challenge if the interest rate path stays higher. President Biden has already supported deficit reduction measures in the Pact, raising the dead ceiling and other legislation. In the Inflation Reduction Act, there's a trillion dollars of deficit reduction, and he proposed a budget that both invests in America continues to do that and also has riffin you raising measures that would result in another two and a half trillion dollars of deficit reduction over the next decade. So, yes, we have to put forward fiscal plans that will keep the deficit manageable and keep this real net interest cost I would say well below two percent. So the higher the interest rate path, the more that we need to do. I want to take a moment a secretary and turn to the global outlook. With the Israel Hamas war happening in the Middle East, I think there's a concern by some that the war could spread or expand to broader in the region. I know that that's not your base case. But if that was to happen, could you walk us through your wrist scenario for what that might mean to the global economy. So I guess I have to say my focus is, I look now at what's happening to the Middle East. Really is the tragedy, the human tragedy that's taking place with the Israelis have suffered, and of course we're worried about casualties in Gaza as Israel, you know, pursues its war against Thomas and so it's really the human suffering that I think should be our focus in countering terrorism. We're monitoring the economic consequences carefully. I so far, I would say we've not yet seen much that has global consequences. Oil prices are largely flat. What could happened if the war expands. Of course there could be more meaningful consequences, but I think it's premature to speculate against about those, and I think our focus should be keeping miscontained and not spreading so on Hamas. I know the Treasury Department has taken further moves in the last few weeks to restrict financing to Hamas, and your under secretary Brian Nelson is actually in the Middle East right now. Do you think there's room for further restricting or limiting financing to Hamas and if so, can you tell us what might be some of the next steps. So I can't comment on any specifics concerning sanctions we have not yet put in place, but what I can say is we have taken a large number of steps just over the last year to put in place sanctions to try to reduce the avenues for financing of Hamas, and in the aftermath of this attack last week, we put additional sanctions in place. My Undersecretary, as you mentioned, will be in the Middle East and Deputy Secretary Ademo is leaving tonight for a trip to Europe to also discuss working with our allies on sanctions. And we are certainly looking at further opportunities we see to try to reduce this flow of financing to Himas where all over this and are likely to do more. So. One final question on the Middle East before before we turn to other topics on Iran, can you help us understand are the six billion dollars in Iranian oil proceed assets the US treasury from access by Iran right now as they sit in a Katari account. I guess all I can really tell you is that not a penny of that money has been touched. The Trump administration agreed to allow Iran to sell oil, and the sales were largely to Korea, and the proceeds were held in a Korean bank account and only permitted to be used for humanitarian purposes, without any direct funding ever going to Iran. And those proceeds were moved from Koreer to Kitar. They still sit there. They can only be used for humanitarian purposes. They have not been used. And I don't feel comfortable saying more about diplomatic conversations that are taking place, but Iran has not touched those phones. We just as mentioned diplomacy, and so much of your role as secretary has been actually traveling around the world. We often think of the Treasury Department as so domestic, but so much of what you've done is international, and you're seen as a liberal economist supportive of free trade. I wondered your thoughts on how concerned are you that some of the Biden policies may be sealing a mistrust of globalization that was ramped up in the Trump administration. And whether that's actually good for the US economy. Well, I think that's a great question. I've talked about concept I call friendsuring. So I think it's a consequence partly of the pandemic and partly Russia's invasion of Ukraine. We've come to the realization that our supply chains, America's supply chains are not secure, and in some cases we're overly dependent on countries like China. And what we need to do is to take steps as a country to reduce our vulnerability and to diversify our supply chains. And to some extent that involves reassuring things to the United States and doing more here, and certainly in the area of clean energy. The Inflation Reduction Act has incentives to do more in the United States, and the desire there, in part is to create good jobs in industries that are likely to be drivers of future growth, whether it's semiconductors or clean energy. But we don't want to forego the benefits of globalization and trade, and so the idea of friendshuring is that we want to be able to rely on a broader set of countries to do trade and investment. To deepen our trade and investment relationships with countries that we feel are trustworthy that can be reliable parts of a global supply chain that we take part in. And part of what I've been doing is traveling around the world talking to countries about developing our supply chain relations And of course we're very close partners with Europe, with Canada, Mexico, other countries with whom we have free trade areas, but many more countries. We're deepening our relationships with India, with Vietnam, So we want this to be broad. We understand and that the international division of labor with countries taking advantage of the benefits of comparative advantage, doing what you're most efficient at, relatively efficient at that this is a great set of benefits both for the United States and also countries that are given the opportunity to trade and that contributes to their growth. So we don't want to forego that, and we do want to maintain the benefits of globalization, but without the vulnerability that comes from a undue reliance on a few countries that may restrict trade for political or other reasons. So you mentioned broadening our network of friends that we can have partnerships with, but also China I know you took a trip to China and to Beijing this summer. You've been talking about how our policy should really be around de risking or diversifying rather than decoupling. But what do you think is the current status of that. Do you think the Chinese have adopted that and feel like they can trust us on that front, or do you think they still really think that we're in a competition with them first and foremost. So, I mean we've particulated a strategy. As you said, it involves de risking in some areas where we're overly dependent on China, and clean energy is a good example. We also intend to focus on national security. That's an area that we're not willing to compromise on, and so we do have export controls. We continue to review them. We're working on a set of restrictions on outbound and vestment to China. We've discussed this with them and put out a proposal that's in the public domain. I think comments just closed on it. But our objective there is to target what we do as narrowly as possible so that it really focuses on national security. That it is not an intention in that to harm the prospects of Chinese economic development and the welfare of the Chinese people. So we intend to have healthy competition and mutually beneficial trade and investment with China in many areas. I've tried to make this clear. And then importantly, the third prong of it is we need to work together on global problems. Debt relief is one of those problems. Climate changes another, but there are many examples. So that's what we're trying to do in terms of our strategy. You know, President Biden and President she met in Bali. I guess it's just over a year ago. I was at that meeting. In more or less two over two years, almost no senior level contact had taken place during the pandemic between China and the United States, and I think that was a dangerous situation. And especially when there are disagreements, it's actually important to be able to discuss them, to talk through, to see the other country's point of view, and to discuss areas where you're not in sync. And it was recognized by both sides that we needed to talk more to deep in our discussions, exchange of information, and particularly in economic areas macroeconomic performance, financial markets, where our behavior has spillovers a back and forth to one another, and also our decisions affect the global outlook as a whole. And that's what I tried to begin in my meetings that I had in China, and things have continued very positively from there. We've formed two working groups. They report to me and my Chinese counterpart of Phone. One concerns economic matters, the other financial matters. The working groups met earlier this week. Both of them met and we now have a set of very constructive and deepening discussions about areas of mutual concern. And it's good to have contacts throughout our chain. It levels below Secretary staff low full discussions and channels of communication where when the problem arises, each side can pick up the phone and discuss it before it rises to the level of a real, really serious disagreement. So I think this agenda is working. We certainly will continue to deepen our economic relationship and discussions, and I'm feeling very good about how things are going there. Turning back to the US Secretary Yellen, you've described the Biden administration's economic policies as something you referred to as modern supply side economics, and with those policies. They're aiming to increase the productive capacity in the US. That's right, Well, that's a pretty good big goal. So can you talk to me a little bit about how long do you think it's going to take for some of those policies to become entrenched enough that they stick and have a real impact people. And the reason I'm asking is because I'm looking ahead to next year. The election is coming up. What's at stake if the Democrats don't retain the White House in terms of the ability for some of those policies to take hold. So, yes, modern supply side economics, it's in part of growth strategy, and this is something Republicans and Democrats I think share. A desire to see real wages and incomes increase, to see economic welfare for the broad set of Americans to improve over time, and an economic growth or quote supply side strategy. This isn't a matter of demand management. It's a matter of improving our economy's ability to produce goods and services over the medium to long term. I think agree on that it's widely accepted. The Republican strategy has been, as I said, largely a trickle down strategy of giving tax breaks or deregulation to the rich and corporations in the expectation or hope that benefits would trickle down. More broadly, I see that as a failed strategy and one that has really not been successful it creating broad shared prosperity. And I see modern supply side economics as having the same objective but proceeding in a different way. And there are many factors that are inputs into growth besides private investment. For too long we ignored infrastructure. So investing in America's infrastructure as a return produces benefits R and D. You know, we're now really after having decades in which US spending on research and development, certainly at the federal level, had fallen to very low levels. Were no longer one of the leading countries in terms of the resources we devote to R and D. That we've stepped that up substantially in the legislation that's been passed. And what we want is also growth. It's equitable, so addressing inequality as saying, for over fifty years, essentially the median American really saw very little growth, little or no growth in their real income. We want to change that. We want to make sure that opportunities are created, especially for those who don't have a college education and live in places. You know, we've had so much growth on the coasts, but many parts of the country geographies that it seems progress is passed by. And so if you look at the legislation that's been passed and the investment plans that have been announced, we've seen over six hundred billion dollars in new investments that have been announced. Now, it takes a while to get those in place, but look at where are those investments occurring. There are occurring in parts of the country that have not seen that kind of investment. And you know, we're seeing electric vehicle production and battery production in many parts of the country that have been sorely hurting for good jobs. And so it will take a while for Americans to see the benefits of this. But even now, I think many Americans can see the good jobs are being created in manufacturing, which is not done well over decades in the United States. So I believe that opportunities will be created and people will be able to see that over time in their daily lives. No matter what secretary you've been in public service nearly five decades now, holding the it's a long time. It's a lot of working years. As you show the labor economists, I will say that you've held the top economic posts across the CEA, FED and now Treasury. But you're also known as a technocrat and a policy maker rather than a political animal. Per se. When you look at the divisiveness in Washington, and we've just seen the past few weeks, even just on Capitol Hill, are you concerned that there's less and less room for a person like you to come into government in Washington and make a notable difference at the highest levels if you're not as politically driven as policy driven. I guess I see that we have a government that is filled with people who are professional, technically proficient, and dedicated to good policy. And we are trying to put in place good, sound, technically solid government policy in almost everything we do. And in spite of the difficult political environment that we're in, President Biden and Vice President Harris, in the time they have been in office, have succeeded in a bipartisan way in having a great deal of meaningful legislation passed. The Treasury Department. I spend a good share of my time working with very capable people in our tax policy Department. We're charged with writing all of the rules that are governing of the tax incentives in the Inflation Reduction Act. Those that will are really creating enormous opportunities in connection with clean energy, and we've gotten an allocation of funds to restore the Internal Revenue Service, to restore their ability to both serve American customers who deserve to have somebody answered the phone when you when you call and have been missing that for a long time, and also to actually collect the taxes that our tax code says people owe. And when you think about the fact that over over ten years, that gap, namely the quantity of tax revenue that's due but not paid, is estimated it's seven trillion dollars. We're in the process of restoring all of that. And the people who are doing this are a largely a civil service that is tremendously competent, professional and dedicated to making the United States function well. So I think there's plenty of scope for good policy, and I hope we're in the process of doing it in spite of some of the what seems like political dysfunction in our country. Well Secretary Yellen, Thank you so much for joining us today and giving us so much of your time and sharing your insights. It's a true pleasure. Thank you so much. Thanks for having that. Thank you, the Secretary of the US Treasury. They are Jannet Yellen, speaking with our very own Peggy Collins and our Washington BureauSee omnystudio.com/listener for privacy information.
Welcome to our Podcast #3,834! Here's a link to our Costa Rica Pura Vida Amazon Products Store! Happy Shopping! https://www.costaricagoodnewsreport.com/costaricaproductsamazon.html You've GOT TO SEE our "Costa Rica Good News Report" Website: www.costaricagoodnewsreport.com Here's our NEW Costa Rica Good News Report YouTube Channel. Over 790 Short, Entertaining Videos that will get you excited about Costa Rica: https://www.youtube.com/@thecostaricagoodnewsreport/videos Want to become a RESIDENT of Costa Rica? https://www.costaricaimmigrationandmovingexperts.com Enjoy our FULL TIME promotions of Costa Rica and the Pura Vida --- Send in a voice message: https://podcasters.spotify.com/pod/show/costa-rica-pura-vida/message
Andreas and Kel recap WWE Backlash, talk about the monster pop Bad Bunny received in Puerto Rico, Cody Rhodes' win over Lesnar, AEW's uneven booking, and much more. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Welcome to our Podcast #2,804! Here's a link to our Costa Rica Pura Vida Amazon Products Store! Happy Shopping! https://www.costaricagoodnewsreport.com/costaricaproductsamazon.html We appreciate your listening and hope you find the time to go through the 100's of episodes that we have recorded already. They're short, so listen to a few every day! I promise you will learn all you need to know about one of the happiest countries on the planet! Here's some links that will get you started in learning more about Costa Rica! You've GOT TO SEE our "Costa Rica Good News Report" Website: www.costaricagoodnewsreport.com If you're thinking about moving to Costa Rica, we can assist! Visit "Royal Palms Costa Rica Real Estate". . we are DEDICATED BUYER'S AGENTS. Check out our website at www.costaricaimmigrationandmovingexperts.com/buyersagent.html Here's our NEW Costa Rica Good News Report YouTube Channel. Over 500 Short, Entertaining Videos that will get you excited about Costa Rica: https://www.youtube.com/@thecostaricagoodnewsreport/videos Check out an amazing travel website catering to those travelers age 50 and over! Dozens of incredible expert contributors writing about so many destinations: https://www.travelawaits.com/ Here's our 1st contribution to the TravelAwaits website: https://www.travelawaits.com/2789789/questions-to-ask-if-thinking-about-retiring-in-costa-rica/ Here's a link to our 2nd article on the TravelAwaits website as promised: https://www.travelawaits.com/2798638/tips-for-driving-in-costa-rica/ Here's a link to our 3rd article on the TravelAwaits website: https://www.travelawaits.com/2794704/how-to-gain-residency-status-in-costa-rica/ Check out our NEW COSTA RICA LOVE STORIES! There's ONE THING BETTER than falling in love. . falling in love in COSTA RICA! Here's the link: https://www.costaricagoodnewsreport.com/lovestories.html So many GOOD-NEWS stories coming out of Costa Rica. We'd love to share them with all of you! Way over 100 stories ready right now. Learn all about one if the Happiest Countries on the Planet. . Costa Rica! Here's a link: https://vocal.media/authors/skip-licht Become a "COSTA RICA PURA VIDA" Brand Ambassador & Share the LIFESTYLE with EVERYONE! Here's the link: https://www.costaricagoodnewsreport.com/brandambassador.html --- Send in a voice message: https://podcasters.spotify.com/pod/show/costa-rica-pura-vida/message
After documenting her family's Puerto Rican recipes and preserving the island's disappearing foodways for years, Illyanna Maisonet shares over 90 recipes, including Arroz con Gandules and Mofongo and Pinchos with BBQ Guava Sauce, in her first cookbook, Diasporican. Maisonet joins us to talk about working on the cookbook and food memoir as well as the research that went into it. Arroz Chino Boricua Makes 4 servings If you read my column, you know about the impact, especially gastronomically, that the Chinese have had on Puerto Ricans. When you go into a Chinese restaurant in Puerto Rico and order a seemingly innocuous combo plate, what you receive might baffle a Statesider: an entrée, fried rice, and french fries or tostones. Yes, Chinese cooks have figured out Puerto Ricans' love affair with double starch and meat. You can also add peas and carrots to this mixture. 1 tablespoon canola oil 1 small yellow onion, diced 1 cup chopped jamonilla (such as Spam) 1 pound 16/20-count shrimp, peeled and deveined 2 scallions, chopped 2 teaspoons sofrito 2 eggs, beaten 2 cups Basic White Rice 1/4 cup soy sauce Add the canola oil to a sauté pan and place over medium heat. Add the onion and cook for 2 to 3 minutes, or until translucent. Add the jamonilla and sauté for 2 to 3 minutes, or until browned, then stir to mix well. Add the shrimp to the pan and sauté for 1 to 2 minutes, or until just pink, then add the scallions and sofrito and mix to combine. Add the eggs, let settle for 1 minute, and then scramble them in the pan for about 3 minutes. Add the rice, stir in the soy sauce, and keep the mixture moving for 5 to 7 minutes, or until the shrimp are thoroughly cooked. Serve the rice hot.
TODAY IS COSTA RICAN INDEPENDENCE DAY AND IT'S MORE RELEVANT THAN YOU THINK HEALTH IS NOW COMPLETELY SUBJECTIVE LIKE THE REST OF OUR REALITYWHY ISN'T THERE A CURE FOR FAT? - YOU DIDN'T CATCH OBESITYTHERE IS A TRANS JOKER MOVIE, YES REALLYWOMAN CRIES ABOUT LEAVING HER BF OF 4 YEARS BC HE WANTED KIDSWOMEN MAKE 9/11 ABOUT THEM AND THEIR BODIES+ MORESONG: MAREUX - SUMMERTIME INTRO/OUTTRO CLIP: THE LADY VANISHES SUBSCRIBE TO THE WRONG OPINION GUMROAD - HTTPS://WRONGOP.GUMROAD.COM IF YOU WANT TO BOOK A CALL WITH ME - HTTPS://SUPERPEER.COM/JOSHLEKACH YOU CAN DONATE CRYPTO HERE - https://commerce.coinbase.com/checkout/5e4a3fc5-309c-4bce-a81d-5b2fbed63b62 MERCH HERE - https://teespring.com/stores/wrongopWRONG OPINION PLAYLIST - https://music.apple.com/us/playlist/the-official-wrong-opinion-playlist/pl.u-KVXBqm6sAYr18 Hosted on Acast. See acast.com/privacy for more information.
Today we talk about Afro descendants of costa rica from history of the enslaved to black impact and influence of present day culture. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/the-lost-african/message Support this podcast: https://anchor.fm/the-lost-african/support
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Fame! It's gonna live forever!! But should it, or should it be flung into the sea? Paul and Erika get into it and figure out how this classic aged. Also, it's Musical March and Fame is not a musical…such is the danger of neither host ever having seen a movie. A bamboozlement has occurred!
This week Muñoz welcomes the only and only JJ Ortiz of JJS OWN as his special guest. Join these two crazy Ricans as they explore JJ's culinary journey, her fabulous salad dressings, her time on Real Housewives Of New Jersey, coming out, and never giving up! Muñoz also gets the inside tea on some of the RHONJ ladies! Housewife fan or not you are sure to fall in love with JJ!Send JJ all the love on Instagram @jusjoy21 or on TikTok @jusjoy5Send Muñoz some love on Instagram & Twitter @inyomouthpodMouth Merch is where you go from fan to super fan!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Costa Rican presidential elections held on February 6 had a record-breaking 25 candidates amid major government corruption scandals. Juan Diego Sánchez, PhD, a lawyer, professor, and columnist explains the political situation in Costa Rica. Furthermore, he analyzes the electoral process, corruption cases, and the April 3, 2022 runoff election between Figueres and Chaves. Show notes: https://impunityobserver.com/2022/02/10/costa-ricans-pick-their-socialist-poison-in-presidential-runoff/
This week we start with a very special promo segment, talk NXT TakeOver In Your House, NXTUK and that match plus the POB Fantasy draft https://youtu.be/gWPY1_k7hwo
On this edition of Tru Heel Heat, SP3, Top Guy JJ and Miss Krssi Luv are joined by Jose Gonzalez of Ricans of Wrestling and Sportskeeda Wrestling to discuss the latest wrestling news including: The fallout from AEW Revolution 2021 with a failed explosion finish to the show and Christian Cage signing with All Elite Wrestling Week 68 of the Wednesday Night Wars with WWE NXT featuring Finn Balor vs Adam Cole for the NXT Championship and AEW Dynamite featuring MJF turning on the Inner Circle to make his own stable Huge main event announced for IMPACT Rebellion featuring the AEW & IMPACT World Champions Predictions for the New Japan Cup 2021 and update on the first round action Preview/predictions for IMPACT Sacrifice, and more! Welcome to the Tru Heel Heat Wrestling YouTube channel where we cover the sport of professional wrestling including all WWE TV shows (Raw, Smackdown, & NXT), AEW Dynamite/Dark, IMPACT Wrestling, NJPW, ROH, Dark Side of the Ring and more. Our weekly podcast hosted by SP3, Top Guy JJ & Miss Krssi Luv breaking down the weekly wrestling news and present unfiltered, honest thoughts and opinions for wrestling fans by wrestling fans, drops every Saturday. We also include PPV reviews, countdowns, and exclusive interviews with wrestlers from all promotions. Subscribe and enable ALL notifications to stay posted for the latest wrestling WWE news, highlights, commentary, updates and more. Become a member of Tru Heels Facebook community: www.facebook.com/groups/1336177103130224/ Subscribe to Tru Heel Heat on YouTube: www.youtube.com/channel/UC0AmFQmsRyQYPKyRm5hDwNg Follow Tru Heels on Twitter: twitter.com/truheelheat Follow Tru Heels on Instagram: www.instagram.com/truheelheat/ Music composed by JPM --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
The one where Green Blooded Bastard watches Hulk: Where Monsters Dwell. In this movie, Hulk & Doctor Strange are heroes and they are fighting Monsters on Rob Zombie's Halloween. I'm not going to lie... I passed out a few times during this film and obviously didn't turn the sound off because I was very tired and frankly don't remember what happened during this film.
THIS IS NOT A DISS POST, THIS IS A REAL POST. KOOL HERC, BEAT IT.....TRYNA BUY SOME EXTRA GRAMS OF READYROCC WITH THAT TOURISM BREAD CUHHHHH...NAWL. jamaicans didn't invent hip hop toasting did not come from HERC...and HE said "hip hop toasting" came from "THE HUSTLER'S CONVENTION"....That's not a reggae album, champ. Blacc americans were ALREADY toasting... Kool herc is full of cap, and has ulterior motives Flash? They had wild beef, do y'all remember that? They couldn't get along or get the story straight. HMM....Flash did innovate what he's speaking on, but that didn't come from anywhere but THE BRONX. Bam? That mane is a pederast and weirdo...His word should mean nothing. African Americans DO NOT say we invented ska or reggae, even though we played a larger part in the development of both than any other culture did with hip hop. Ricans were IN THE BUILDING FIRST WITH US...all the old heads coming out stating facts. Tex Dee, Disco King Mario, Dj Hollywood, and them need their props...BattyBam shouldn't even be brought up by y'all or anybody else. FACTS IN THE POST, CAN'T DISPUTE EM...and I love all my people, but y'all gotta stop capping. I've posted these OVER AND OVER AND OVER...and I'll continue. TJ Love Post will be PUBLIC... HISTORY ALL IN HERE...TIME LINE ALL IN HERE. STOP PLAYING WITH US. LOOK AT THE HIGHLIGHTS AND STOP PLAYING THE "well what source is that" GAME WHEN Y'ALL BE USING TOURISM PROMOTION WEBSITES TO "BOLSTER" YOUR "REFUTATIONS"...COME WITH CONTRARY EVIDENCE OR DEAD THAT GOOFATRON NARRATIVE.
We have a very special interview with World Wrestling Network's Brand Ambassador and ring announcer Trevin Adams (@wwnlive) on the show today where he discusses the EVOLVE 131 10th Anniversary show, what stars he sees on the up and up, the future of WWN and much more. PLUS - we review the past week in wrestling including the latest news, rumors and all things AEW & WWE. Make sure you RATE, REVIEW & SUBSCRIBE to the Ricans of Wrestling Podcast over on iTunes, Spotify & Google Play today!Email: ricansofwrestling@gmail.comTwitch: https://www.twitch.tv/ricansofwrestlingFacebook: https://www.facebook.com/RicansOfWrestling/Instagram: https://www.instagram.com/ricansofwrestling/Ricans of Wrestling is a proud affiliate of Roku - voted Engadget's Home Entertainment Devide of the Year & the #1 rated streaming device by Netflix members. Starting at just $49.99, there's a Roku player for every budget! And for a limited time only, get $10 off your next Roku player by visiting AlgorhythmMediaGroup.com/RicansOfWrestling today!
Jose G and Rico discuss the hottest wrestling headlines & rumors of the week. PLUS, the guys preview both AEW's "Fight For the Fallen" event and WWE's Evolve broadcast, make their WWE Extreme Rules predictions and talk about this week's programming on WWE Roundup!Make sure you RATE, REVIEW & SUBSCRIBE to the Ricans of Wrestling Podcast over on iTunes, Spotify & Google Play today!Email: ricansofwrestling@gmail.comTwitch: https://www.twitch.tv/ricansofwrestlingFacebook: https://www.facebook.com/RicansOfWrestling/Instagram: https://www.instagram.com/ricansofwrestling/
How about another PODCAST EXCLUSIVE #Hashtag Rumble? We're back this week with WRESTLING SONGS so put your dancing shoes on & give this a listen!Make sure you RATE, REVIEW & SUBSCRIBE to the Ricans of Wrestling Podcast over on iTunes, Spotify & Google Play for ALL of our content!Email: ricansofwrestling@gmail.comTwitch: https://www.twitch.tv/ricansofwrestlingFacebook: https://www.facebook.com/RicansOfWrestling/Instagram: https://www.instagram.com/ricansofwrestling/
Jose G and Rico discuss the hottest wrestling headlines & rumors of the week along with this week's special guest Daniel Gonzalez, host of "CoÑocast" and serious wrestling enthusiast. Daniel talks about his love of wrestling, weight loss journey & more. PLUS, the guys discuss Eric Bischoff & Paul Heyman's new gig, make AEW Fyter Fest predictions, review WWE's Stomping Grounds and talk about the week in WWE programming!Make sure you RATE, REVIEW & SUBSCRIBE to the Ricans of Wrestling Podcast over on iTunes, Spotify & Google Play today!Email: ricansofwrestling@gmail.comTwitch: https://www.twitch.tv/ricansofwrestlingFacebook: https://www.facebook.com/RicansOfWrestling/Instagram: https://www.instagram.com/ricansofwrestling/
Kenny sits down with his co-host from their Facebook show “Ricans of Wrestling”. They discuss video games and of course... wrestling! Enjoy!
Host of the critically acclaimed Facebook live talk show, Ricans of wrestling, Jose G. sits down with Kenny the Penny. They discuss Jose’s early life, his passion for break dancing, and how he got into broadcasting. We also talk about how music and wrestling are both universal languages. Enjoy!
Who goes to more wrestling shows than Leo? Mario that's who! Episode 98 has arrived with a plethora of wrestling talk. Mario talks about his experiences at House of Hardcore, ROH Final Battle and the double header with SHINE/Evolve. What's next for The ELITE and what do we think about Marty's new villain friends? The duo also discuss proper wrestling fan etiquette. What can we expect from the return of Vince McMahon on RAW and TLC predictions. Fun show guys and gals enjoy! Don't forget "Lucha Weekend" which is the last weekend of 2018 with Saturday being the 2018 Luchies and Sunday the crossover episode with the Ricans of Wrestling! www.collarandelbowbrand.com promo code LUCHARATEDR will save you 10% www.losradio.com for Lucha Outsiders merch @luchaoutsiders (FB/IG/Twitter) @ratedrsince87 (Mario) @showfutboleo (Leo)
What Up, Mechanics!!!! The Garage is open! Come on in, for anotha hot episode!!!! We talk about New York, Puerto Ricans (of course), West Coast Avengers, Immortal Technique, #ComicsGate, and Cook tells us all a heartwarming story about Papi Felipe that totally kills the humor vibe!!! It's still hot tho as always! Shout out to J.Smo for supplying us with the background instrumentals! check him out on Instagram! @jedismo Get ready for www.FelipesGarage.com RATE REVIEW SUBSCRIBE AND SHARE! THANKS! Follow Us! @FelipesGarage @MURS316 @CookBookthePR @PlatformCollection
With guests Ricans Of Wrestling #CardiB #Meme, #PapaJohns, #NFL Helmet ejections, New Joker, #Thailand rescue, #WWE Extreme Rules 7-15-18 **Sorry about the music at the beginning lasting too long. Still working out the kinks. Thank you for the support!**
For those of you who don’t know, Bobby Sanabria is a master percussionist and musician. Straight from his bio, “drummer, percussionist, composer, arranger, recording artist, producer, filmmaker, conductor, educator, activist, multi-cultural warrior and multiple Grammy nominee.” Boom. Or as Ricans would say on the street, “una jodienda.” Bobby has a benefit concert on October 23rd at the old Village Gate, now (le) poisson rouge where Salsa met Jazz every Monday night for years. The talk with Bobby ended up being a four-part mini-series but I’m sharing the first two. He goes off and gives the full line up of the band and mixes it all with a history lesson on music, the New York music scene when he was growing up, and just a general sense of the times and music and his love for it. Also on the talk is Elena Martínez, veteran and senior folklorist, researcher, writer and overall cultural guardian. Love her. I don’t have much else to say other than take a listen. History. Diaspora. Latin Music. Puerto Ricans in Latin Music. Music heals. Salsa meets Jazz again on the 23rd. Big Band and all… Bobby and Elena teamed up with the Jazz Foundation of America. Proceeds go to them for Puerto Rican musicians affected by the aftermath of hurricanes Irma and María.
For those of you who don’t know, Bobby Sanabria is a master percussionist and musician. Straight from his bio, “drummer, percussionist, composer, arranger, recording artist, producer, filmmaker, conductor, educator, activist, multi-cultural warrior and multiple Grammy nominee.” Boom. Or as Ricans would say on the street, “una jodienda.” Bobby has a benefit concert on October 23rd at the old Village Gate, now (le) poisson rouge where Salsa met Jazz every Monday night for years. The talk with Bobby ended up being a four-part mini-series but I’m sharing the first two. He goes off and gives the full line up of the band and mixes it all with a history lesson on music, the New York music scene when he was growing up, and just a general sense of the times and music and his love for it. Also on the talk is Elena Martínez, veteran and senior folklorist, researcher, writer and overall cultural guardian. Love her. I don’t have much else to say other than take a listen. History. Diaspora. Latin Music. Puerto Ricans in Latin Music. Music heals. Salsa meets Jazz again on the 23rd. Big Band and all… Bobby and Elena teamed up with the Jazz Foundation of America. Proceeds go to them for Puerto Rican musicians affected by the aftermath of hurricanes Irma and María.
For almost a month, the fate of Puerto Rico and its inhabitants has remained unknown due to the devastating effects of Hurricane Maria during the unusually active hurricane season of 2017. There are still many people on the island living without electricity or potable water and in desperate need of assistance. This week we are airing a special Hip Deep encore presentation of “Riqueza del Barrio: Puerto Rican Music in the United States” produced by Ned Sublette to help raise awareness and celebrate the vibrant music and culture of Puerto Rico. To find out how you can help, please visit http://www.afropop.org/39658/hurricane-relief/. Once Puerto Ricans became U.S. citizens in 1917, El Barrio sprang up in New York. By the 1930s, they were the dominant Latin group in the city. Tito Puente, born on 110th St. in 1923, was the first important Latin star who was a native speaker of English. Puerto Ricans’ distinctive way of playing popular Cuban styles became, almost paradoxically, an expression of Puerto Rican national identity, even as traditional Puerto Rican bomba and plena became a familiar sound in New York, and as Ricans invented a unique jazz style. In the last few years, reggaetón has dominated Latin radio internationally. “Riqueza del Barrio” will explore Puerto Rico’s distinctive cultural identity as expressed through flavorful music. Produced by Hip Deep cofounder Ned Sublette, author of Cuba and Its Music, with guest scholar Juan Flores, author of From Bomba to Hip Hop. Follow Afropop Worldwide on Facebook at www.facebook.com/afropop, on Instagram @afropopworldwide and on Twitter @afropopww. Subscribe to the Afropop Worldwide newsletter at www.afropop.org/newsletter/ APWW #509 Distributed 10/19/2017
Dive into current events. Football Players Kneeling. Ricans think they white. FUCK DONALD TRUMP!
In this week's episode we chopped it up with friend of the show "Shola"! He came and told us what foo foo is really like, what a half-rican is as well as more Africa myths that we believed were true. Take a listen & laugh all while subscribing & listening to this episode! Enjoy!!! @Mr_So_Boston @Sir_HarryJr @Meh_Meh_ @iAm_Sho @ItsLitBoston --- Support this podcast: https://anchor.fm/itslitboston/support
The one where Green Blooded Bastard watches Doctor Strange: The Sorcerer Supreme. This movie is about a dick head hot shit surgeon that treats people like shit until he gets in a car accident and fucks up his hands and his life. He learns how to kick ass with magic and knife fight like a fucking puerto rican on speed. I have a pr friend so I can say that. haha
ATTENTION all Jeans, we hope you can hear this! Sorry for the trouble with 107 - it wasn't me! (It wasn't Blueban either). Can a loving mommy have more than one pair of jeans? Jada-Pinkett Smith sure makes it sound like Big Willie Style has been doing his best to drop his D in as many extras as possible. We discuss whether or not we could tolerate Tina with all her Ricans and Tommy smashin road box. Tina updates you on her Russian teeth fillings and we bring back Fill Her Up/Seal Her Shut with some modern day broads up against some throw-back ho's. Theo gets back on the mic and Would You Rather is at its best - real homerun scenarios. Jeans Out!
[APWW #509] [Originally aired in 2006] Once Puerto Ricans became U.S. citizens in 1917, El Barrio sprang up in New York. By the 1930s, they were the dominant Latin group in the city. Tito Puente, born on 110th St. in 1923, was the first important Latin star who was a native speaker of English. Puerto Ricans’ distinctive way of playing popular Cuban styles became, almost paradoxically, an expression of Puerto Rican national identity, even as traditional Puerto Rican bomba and plena became a familiar sound in New York, and as Ricans invented a unique jazz style. In the last few years, reggaetón has dominated Latin radio internationally. “Riqueza del Barrio” will explore Puerto Rico’s distinctive cultural identity as expressed through flavorful music. Produced by Hip Deep cofounder Ned Sublette, author of Cuba and Its Music, with guest scholar Juan Flores, author of From Bomba to Hip Hop.
Kel & Andreas record this episode from the Cotto vs Canelo Press Conference at the Mandalay Bay Hotel & Casino in Las Vegas, Nv. The duo discusses what's next for Ronda Rousey, if Holly Holm will fight Cris Cyborg and if the Mayweather-Rousey beef is officially over? They also preview Cotto-Canelo & WWE Survivor Series!
In this second installment, @SteveMarden is still hitting on @mokavida and he joins @MarkARamirez in giving @KevinGootee fatherly advice. The 2 dads discuss how they even brought their kids to comedy clubs because they had shows and no sitter. Thanks for listening and spread the word that @safewordpc is goddamn awesome.
Eat the booty, if you want to be in the gang! That's a philosophy the mommies can definitely support! Trick loves the kids, but he's also way into eating the booty. We acknowledge and honor his passion. Are you passionate about it too? Please do tell us. When the jeans step into the bedroom, it's full of hungry eyes and hardcore RAP! Tina knows her man likes beats and rhymes, so she's shifting her sensibilites and wooing her man with that BASS! Are farts foreplay? We think it is even if you don't think it is - It's Only Smells... There's only one group of people ruining the flowers in Elizabeth Park, do you know what type of gypsy we're referring to? Take a guess. You gots to feed a bitch!!!
#RaysPodcast, Episode #34: Host @collazophilly discusses why he is a Puerto Rican that is so passionate about Comprehensive Immigration Reform, a #PR4CIR. From his childhood as a Philly-Rican to his years of organizing with Mexicans/Mexican-Americans in C
1. White Denim / “Let’s Talk about it“ - 2. Holly golightly / “it’s a nutural fact“ - 3. Oddateee / “Ricans“ - 4. The bishops / “back & forth“ - 5. Jay reatard / “hammer i miss you“