110 lets start with how did you write this book and who did you write it for . I wrote the book in a nutshell because i could not understand originally why particular of Financial Services like tech casters and payday lenders were bad for people, why were they using them . In the course of my research which took a few years, i learned that banks were not really serving the low and middle class and i also realized that there were some good alternatives coming on board. I wanted to tell that whole story. Its the first book ive written thats not an Academic Book meaning, its accountable accountable for a wider audience. I wrote it for policymakers, for people who are working in the Financial Services industry, and ultimately, people like you and me who may or may not be happy with the consumer Financial Services that are currently using. Lets talk about what you mean by Financial Service providers. Lets level set on what that and why you call it alternative . I seen a Consumer Financial i
110 lets start with how did you write this book and who did you write it for . I wrote the book in a nutshell because i could not understand originally why particular of Financial Services like tech casters and payday lenders were bad for people, why were they using them . In the course of my research which took a few years, i learned that banks were not really serving the low and middle class and i also realized that there were some good alternatives coming on board. I wanted to tell that whole story. Its the first book ive written thats not an Academic Book meaning, its accountable accountable for a wider audience. I wrote it for policymakers, for people who are working in the Financial Services industry, and ultimately, people like you and me who may or may not be happy with the consumer Financial Services that are currently using. Lets talk about what you mean by Financial Service providers. Lets level set on what that and why you call it alternative . I seen a Consumer Financial i
Go back in the shadows but strangely for me i feel hopeful. She plans to change the perception that immigrants are criminal. What is the difference between americans and immigrants. They want to provide for their names. 700,000 undocumented immigrants are working here in the u. S. Cristina rendon, fox 2 news. Tuition hikes may be coming for students at the university of california and cal state university. There hasnt been a tuition increase in six years and a uc spokesperson says state funding had dropped. 72 of the costs of educating a student compared to 41 last year. The proposed tuition hike is 272 at the 23 cal state campuses and 280 at u c state campuses. The board will meet this week to discuss the budget. The states largest Public Employee union have voted overwhelmingly to authorize a strike. Local one thousand represents 95,000 state employees including Office Workers and librarians and engineers and nurses. The union want more nan the 12 raise over 4 years than governor bro
The north or northwest including out to the delta so everything changed starts wind direction goes, 40s on a lot of directions. Fremont excuse me 46 and all this cool air has to spill in so a couple buildups there but cooler air move in and temperatures drop off so a lot of low 60s, maybe a few mid60s at best. 4 31. How are you my friend . Doing well, steve. Good. We have traffic also doing very well. Im glad youre joining us. Lets go out and take a look at the commute from vacaville, vallejo, Solano County we go, traffic looking pretty good here as you drive into the area. If youre driving from, lets say, fairfield to valet hoaxer it hasnt been a bad drive at all and a lot of people split off at the cordelia junction. It looks good as you drive through the area, no major issues driving through this region right now or getting onto highway 37 heading west over to sonoma or marin county. At the toll plaza, traffic is light so far getting into San Francisco. And for that busy Silicon Val
So whats the first thing we do . We tax it. We call it earned income. While another category of income called unearned gets a preferential rate. This is a discussion we need to have. Second point, simplification. A few years back we had a Tax Reform Act here, a number of, it was controversial a number of us voted for it, it passed. Before doing that, i decided to run up the road and see someone who lives near where i do, his name is warren buffett. Warren buffett and i have different philosophical approaches on many things, but he was generous to welcome me to his office, we spept about an hour together, and i wanted to get his look at that tax bill and some other things. In an interesting exchange, he turned around to his credenza, pulled out a file, an old file, pulled out a single piece of paper, and said, jeff, do this. Lets do this. Put the tax code on a piece of paper. Simplification. Now, a tax coat in reality cannot always be cut. It has to be optimized. We have to run the gove