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Mod-01 Lec-25 Imperial Smelting Process

Today, let us do another example of reduction smelting- that is production of zinc. This is in fact the imperial smelting process Now this process utilizes zinc concentrate, and reduction smelting is done in a single reactor is called zinc blast furnace Today I will be illustrating a problem on imperial smelting process, in fact, material balance in imperial smelting process. Now, in an imperial smelting process- first I will write down the problem- the sinter consists of 50 percent zinc oxide, 20 percent lead oxide, 20 percent Fe O and 10 percent SiO 2, and the coke is regarded as amorphous carbon for this problem. Though it may have certain impurities, but for the illustration I am considering that it contains pure carbon Now conditions: all ZnO is reduced to zinc vapour and lead oxide to liquid lead, whereas Fe O and SiO 2 form a molten slag. The gas after reduction contains 7 volume percent zinc and CO 2 upon CO ratio is equal to 0.5 What you have to do is to make a material balance of the process and calculate weight of carbon, volume of air and composition of gas. Second, make heat balance Now the respective input and output temperatures as required for heat balance: I will give it when I will be illustrating the heat balance As I have said, the first thing you have to consider is called mass balance or material balance- you have to do this in order to go to the heat balance. This is a typical

zinc blast furnace. Here what to do air rather sometimes preheated air is injected through the tiers, which are located on the circumference of the blast furnace Now, this is the hearth and on the hearth what you are having is the lead, and this is slag. Lead has very high density so it will be sinking and slag will be on top. Here you have a burden which is traveling downwards; the burden consists of sinter plus coke. So the burden is descending downwards and the gases that are forming- they travel upwards. This is the gases. Now mind you, here the gases consist of zinc vapour plus CO plus CO 2 plus nitrogen and if there is some excess oxygen, that will also be there. Here these gases- they are taken out in the lead condenser These gases are shock cooled in order to recover zinc. The gases CO, CO 2, N 2 and oxygen- they are leaving the system. In short, what I have thought to show you is the diagrammatic sketch of a blast furnace. Here lead and slag- they are taken out and they can be used for some purpose That is how a typical zinc blast furnace looks Now let us go to the material balance In the material balance let us consider 1000 kg sinter basis of calculation. It is 1000 kg sinter but you can make 1000, 1 ton or whatever you like. The input is zinc oxide, this is lead oxide, this is Fe O and here we have SiO 2. So the kg that is 500kg Pb O 200 Fe O 200 and SiO 2 is 100. Now what I am doing is that I am converting into kg mole. Here I am using the atomic weight of zinc 65, lead 207, iron 56 and silicon 28 and, of course, I do not need to say, oxygen is 16 I just divide kilogram by their molecular weights and I get kg mole. So here I am writing in kg mole 6.173, 0.897, 2.778 and 1.667 Now the problem does not ask what the amount of air that is being used is; all that it says is that the gas after reduction contain 7 percent or 7 volume percent of zinc and CO 2 upon CO ratio has been given to be 0.5 The problem does not mention the amount of air that is required to carry out the smelting reduction process. So, at this stage we do not know whether excess air is used or theoretical air is used. All we know is that the sum component of the exit gas- that exit gas here means the gases which are resulting due to reduction of ZnO and Pb O at the hearth level. that just above the hearth level so that is what the gases in the conventional the top exit no it is not the top exit gas these are the gases which are

forming above the hearth level and a mixture of zinc CO CO 2 N 2 and oxygen they are travelling upward and as a result of travelling they are taken into a condenser and from the condenser then the gases go out of the system We know that there is no loss of zinc- the problem does say any loss of zinc. That means whatever zinc is being charged the same should be available in the gas. That is a clue to start the problem Now let us consider that Y kg mole of gas is being formed. I will now do zinc balance. If I do zinc balance then that is 0.07 Y that is equal to 6.173 So I get Y is equal to 88.186 Now the amount of gas that is forming due to reduction of ZnO and Pb O above the hearth level is equal to 88.186 kg mole. Mind you, this is not the exit- by exit gas I mean the gas leaving the condenser, no it is not; it is the amount of gas that is forming above the hearth level due to reduction of ZnO and Pb O. That is the important thing here. Now we are also given that the CO 2, CO ratio is 0.5 We can write down the reduction equation by considering the CO 2 upon CO ratio given That reduction equation satisfies; so, from that we can proceed to calculate something It is said that reduction of ZnO and Pb O occurs by carbon monoxide. Carbon monoxide is being produced- C plus, half O 2 plus 3.76 N 2- that is equal to CO plus 1.88 N 2; that is how the carbon monoxide is produced. Now I will be utilizing this particular equation and recognizing that the problem states CO 2 upon CO ratio- it gives some value. So if I write down the reduction equation by maintaining the CO, CO 2 ratio as given in the problem, then I am proceeding in the right direction So let me write down. I have 6.173 ZnO plus 3 into 6.173 C O plus 1.5 into 6.173 O 2 plus 3.76 N 2. Now O 2 plus 3.76 N 2, that is- 1 mole of air, so that will give me 6.173 Zinc vapour plus 6.173 CO 2 gas plus 12.346 carbon monoxide plus 34.816 nitrogen You see, in writing this particular equation you should be clever enough to maintain the exit ratio given in the problem. Accordingly, you back calculate the requirement of CO to carry out the reaction, as well as the oxygen requirement. These are the important issues. So, this is the equation that must be taking place as per the condition of the problem above the hearth level Similarly, now I can write down for lead oxide 0.897 Pb O plus 3 into 0.897 CO plus 1.5 into

0.897 O 2 plus 3.76 N 2 that will be equal to 0.897 lead, which is liquid plus 0.897 CO 2 plus 1.794 CO plus 5.059 nitrogen These are the reduction equations. Now from the and there is no other component which is reduced from the sinter. The reducing components are ZnO and Pb O, rest Fe O and SiO 2 they are directly from the slag From the above equation, the gas consists of Z n vapour- that is equal to 6.173, CO 2- 7.070, carbon monoxide- 14.140 and nitrogen that is equal to 39.875, mind you they are all in kg moles Now a total of all these- that is equal to 67.258 kg mole. This 67.258 kg mole we have gotten as a result of writing the equation by maintaining the exit ratio of CO 2 and CO You remember, just before, we calculated the amount of gas which is produced above the hearth level was of the order of 88.186; that means there is a difference. So what is that difference? We have calculated the amount of exit gas earlier as 88.186; it follows that 88.186 minus 67.258, this difference, that is equal to 20.93 kg mole. What is this difference? is you know while writing down this equation we have taken care of only the CO 2 CO exit ratio that is maintained Now, the difference of 20.93 kg mole compels you to think that this comprises of only excess amount of air and that there is nothing else in the system; as per the statement of the problem. The problem does not say anything about the amount of air. This difference between the gas that you have determined from zinc balance and the gas which you have determined from CO 2 CO exit ratio and seeing the appropriate kg moles of ZnO and Pb O, the only possibility is that 20.93 kg mole is excess air So, what I wanted to say to you is that you cannot take or you cannot presume right in the beginning that there is no excess air in the system. You have to make the calculation, you have to show that, well, there is no excess air in the system Here this calculation shows that the system operates with excess amount of air equal to 20.93 kg mole and that this excess air contains O 2 plus nitrogen, both So from here we can determine the excess oxygen Here one should also be careful to determine the nitrogen part of it Now the nitrogen that you have determined earlier was 39.875. To determine nitrogen you have to consider the oxygen from the charge because you have determined oxygen by multiplying

3.76. If all the oxygen would have been obtained from air- in that case- we have multiplied by 3.76 and gotten the amount of nitrogen. But some amount of oxygen is also from the charge. So according to the problem the oxygen required from air will be equal to 7.070- this is from C to CO 2 plus 7.070 this is from C to CO and minus 3.535. Now this is oxygen from charge This you have to determine ZnO and Pb O Considering that you get this is oxygen from charge, then, the nitrogen would be 14.140 minus 3.535 into 3.76. That is how we have gotten the figure 39.875 kg moles That is what I have shown just earlier that the nitrogen moles are 39.875, that is how u will be getting 39.875 moles Now, say this 20.93 is the excess air; accordingly, excess oxygen would be say 4.40 kg mole, that is, 20.93 into 0.21. Then the excess nitrogen corresponding to excess oxygen- I will subtract 20.93 from and minus 4.40- that will be excess nitrogen- so that will be equal to 16.53 kg mole Now, for the composition of gas forming above the hearth level- we can now write down zinc vapour- 6.173, CO 2- 7.070, CO- 14.140, oxygen- 4.40 and nitrogen you have to add 39.875 which you have determined earlier plus 16.53 which is due to the excess oxygen. So, the nitrogen is 56.405- mind you, these values are all in kg moles. So, total is again 88.186, that is how the composition of exit gas would determined Once we know this, we can find out the amount of air. Can you tell me how you will calculate it? Because nitrogen from air, that will be nitrogen available in the exit gas. So, very simple, that will be 56.405 divide by 0.79- that is equal to 71.40 kg moles This is the amount of air that is used in the process. Now we can do all calculations, say, amount of liquid lead- that is equal to 0.897 kg moles Well, if you are interested in obtaining in kg, just multiply 0.897 into 207. That is the molecular weight of slag Liquid slag- the problem says all Fe O and SiO 2 they form a slag. So Fe O 2.778 and SiO 2 1.667 in kg moles

Now we have to determine the amount of coke also. Simply weight the carbon monoxide and find out from there- that is equal to 21.21 kg moles, and if you like, that is equal to 254.52 kg Now we have done complete material balance; we are now in a position to perform heat balance I will summarize the material balance calculation I will just summarize in the form of a block diagram so that I can proceed for heat balance calculation. To my left hand side is the input and to my right is the heat output. So input now is ZnO 6.173 mind you, this is for 1000 kg concentrate or 1000 kg sinter Lead oxide- 0.897, Fe O is equal to 2.778, SiO 2 is equal to 1.667 and the input temperature I am taking at 1100 kelvin, that is, the sinter enters the zinc blast furnace at 1100 kelvin. Normally, the sinter roasting process is integrated with the blast furnace smelting for zinc, so the temperature is that is up this particular order plus air the amount of air is 71.40 and for the sake of calculation I am taking air is supplied at 289 kelvin Next input is coke. Coke amount is 21.21 kg moles and we are taking it as supplied at 1100 kelvin Mind you, in the initial statement of the problem I have not provided the temperatures; now I am giving the temperatures. The exit gas, it is not the exit gas- again I am repeating- out of the furnace, but it is the gas which is produced above the hearth level So we have zinc vapour; its amount is 6.173- mind you they are all in kg moles, CO 2- 7.070, CO- 14.140, O 2- 4.40 and nitrogen- 56.405 and the temperature of the discharge- I am taking that they are discharging at 1300 kelvin The next that is forming is liquid lead. Liquid lead- its amount is 0.897 kg moles and the temperature is 1600 kelvin. Then the liquid slag that is forming, that is, Fe O- that is equal to 2.778 and SiO 2- 1.667, mind you again, they are in kg moles and the temperature of the discharge is 1600 kelvin

Now, this is what is the calculation of material balance. I have projected on this particular block diagram the various temperatures that are given. Now what we have to do is that we have to perform the calculation. We should know at this stage what thermodynamic values you will be needing to solve this particular problem. I will be providing all the values because I have calculated the problem and I know what values are required. But as a beginner, when you attempt to solve the heat balance problem, you have to be very clear what thermodynamic values you will be needing. For example, in this particular case zinc vapour is produced so you have to use: C p value of zinc from 298 to its melting point, the latent heat of fusion, then from melting point to the temperature of discharge of zinc vapour, that C p value. So all those values you have to collect and then you should proceed to have a solution of the problem This is one example of zinc Another example is the formation of slag Here Fe O, SiO 2 is forming it is also known, and I also said at the time when I was taking thermo chemistry lecture that when the slag forms, for example, Fe O SiO 2 or Ca O SiO 2 there is a heat of formation and that heat of formation is a heat input It is a positive, which means it gives you some amount of heat to carry out the process So, what I wanted to tell you is that these are the inter cases of the heat balance that you should know well in all cases. When supposed liquid is solid to solid no problem, but when there is a phase transformation, then you should be very careful while calculating the heat content of the phase which is coming out of the reactor So that is a very important issue. Next what I am going to do is that I have calculated the heat content values for you. Immediately I will be writing the heat content at the temperature at which they are entering or leaving the system You may be surprised or you may be thinking that it is very easy; no sir, it is not easy, particularly when there is a phase change involved. Then you must accordingly consider the latent heat of condensation or the latent heat of vaporization- whatever is the case over there If the phases are forming or if there is slag forming there is a heat of formation of slag These things are I think they are an important part of the heat balance, otherwise it is just a multiplication, you take stupidity do 298 to form one phase and you get the heat content value. I thought this is an important thing You also need the heat of reaction value minus delta H naught ZnO. That means this is the heat of formation value of zinc oxide- that is equal to 83500 kilocalorie per kg mole Lead oxide minus delta H naught Pb O is equal to 52500 kilocalorie per kg mole. They are given to you at 298 kelvin so our basis of calculation is also 298 kelvin The basis of calculation of heat balance is 298 kelvin; that means those reactants which are entering at 298 kelvin- their sensible heat will be 0. Now, you need the heat content values; so I am giving you the heat content value in kilocalorie per kg mole per kg mole For example, H 1100 minus H 298 for ZnO for Pb O for Fe O for SiO 2 and for the carbon-

since we have taken coke is a pure amorphous carbon. These values are for ZnO- 9500, for lead oxide- 10800, for Fe O- 10280, for SiO 2- 19940, for carbon- 3320. So these are the values of zinc oxide, lead oxide, Fe O, SiO 2 and carbon Other heat content values say H 1300 minus H 298- this is for zinc vapour, Then CO 2, then CO, this is equal to 36160, CO 2- 12010, CO- 7460, N 2- 7500, oxygen- 7873 and this is all, as usual, in kilocalorie per kg mole minus 1 So that is about this value now. H 1600 minus H 298 for liquid lead- that is equal to 10110 kilocalorie per kg mole, then, H 1600 minus H 298 for Fe O- that is equal to 11990 kilocalorie per kg mole and H 1600 minus H 298 SiO 2- that will be 21100 kilocalorie per kg mole Now mind you, in calculating the heat content SiO 2 it also undergoes several phase transformations tridymite cristobalite. So those things are to be taken care of while calculating the heat content. I have given you all the values now let us calculate. So the first thing is- the heat liberated Now I am calculating the heat liberated at 298 kelvin. I am writing the sensible heat of reactants, or you can calculate the heat liberated at 1100 kelvin Heat liberated is ZnO to zinc vapour and Pb O to Pb liquid. So delta H naught 298 for this given value is equal to 562539 kilocalorie Now sensible heat of reactants will be equal to 6.173 into 9500 plus 0.897 into 10800 plus 2.778 into 10280 plus 1.667 into 19940. Weight taken out will be 200687- that

is the sensible heat of reactants. It is in kilocalorie Now heat taken out by gases- all that you have to multiply by the heat content. Multiply by the moles, so this is equal to 871289 kilocalorie Similarly, heat taken out by lead, that will be 0.897 into 10110 that is equal to 9069 kilocalorie Then heat taken out by slag, you have to multiply by moles so that value will be equal to 68481 kilocalorie Similarly, there is a heat of formation because here it is likely that Fe O SiO 2 that forms only Fe O SiO 2 and heat of formation that is equal to 153 kilocalorie per kg Fe O; so this heat of formation will be 30602 kilocalorie We have done all the calculations, now we can do heat balance. This side is heat input In the heat input, first is the heat of reaction and this heat of reaction is 562539, then sensible heat 200687 and heat of slag formation that is equal to 30 602. So the total will be 793828- it is all in kilocalorie Now let us write down heat output. heat out so First is zinc vapour that is carrying 223216 kilocalorie, gases- 648073 kilocalorie, lead- 9069, slag- 68481 and heat losses I am making 10 percent of heat input- that is equal to 79382. So total heat output is equal to 102822 So what this calculation suggests is that heat input is less that heat output

So we have to meet there is a heat deficiency and heat deficit you have to subtract. So heat deficit will be 234393 kilocalorie. One way to meet the heat deficit is to preheat the air. The question that comes up is- what should the preheat temperature be? Consider for example the average value of C p; so if you consider average C p that is equal to 7.5 kilocalorie per kg mole degree Celsius, then I can find out preheat temperature, that will be equal to 463 degree Celsius. That is, you have to C p delta T delta T will be equal to 234393 divided by 7.5 into 71.4 plus 25. This is what is the preheat temperature you require. That means, you have to heat the air to this to meet the heat deficit and to a temperature of 463 degree Celsius Now the question comes the preheating of the air. One option is clearly open to you that you employ additional preheating installation and do the preheating. Another option that is still there, is to recover the heat because the exit gas has a substantial amount of heat. But here, you should be careful what the amount of heat that is exiting is. So what we see from here say out of this a total heat the zinc vapour that is heat carried by zinc vapour is equal to 27 percent of the total output Off the slag- the heat will not be available, off the lead- the heat will not be available Only the heat carried by the gases CO, CO 2, O 2 and N 2 will be available. But remember a mixture of gases, that is, zinc vapour, CO, CO 2, N 2 and O 2- they are shock cooled in order to recover zinc So, any amount of heat will not be available to you. What we have done in the calculation is that we have taken into account the exit gas temperature above the hearth level for the waste heat recovery point of view The temperature of the gas exiting the lead condenser- that is an important one- because when these gases exit the lead condenser they will have substantial amount of CO. Because you have to maintain a certain amount of CO CO 2 ratio in the entire blast furnace so that zinc vapour does not reoxidize So mind you, there is very large amount of carbon oxide there and since carbon monoxide is a very good fuel, one can utilize the potential energy of the CO by combustion of carbon monoxide So one way is that, you have to find or measure temperature of exit gas from lead condenser and second, you have to see the amount of carbon monoxide in the exit gas. One can evaluate the potential energy that is available if combustion of CO is carried out and the temperature of the waste gas that is exiting the condenser- the total amount of heat that will be available. Now of course, here one has to integrate the heating, the wastage recovery facility and combustion facility of the gas exiting from the lead condenser to the preheating facility of the air In fact, the total knowledge of the process and how to preheat the air to this temperature requires a close outlook of the temperature of the exiting gases and the amount of CO

that will be available to you. So, an overall picture will give you how to attain air preheat temperature. For example, in this calculation, 463 degree is not only attainment of this temperature- it is important- but also its integration with the furnace is equally important

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Christian World News – September 15, 2017

>> George: THIS WEEK ON “CHRISTIAN WORLD NEWS,” HURRICANE IRMA CHEWED UP FLORIDA, LEAVING DEVASTATION IN ITS WAKE NOW GOD’S FOOT SOLDIERS ARE DRIVING BACK DISPAIR WITH ACTS OF LOVE >> Wendy: PLUS…THE POWER OF PRAYER AS BAD AS IT WAS, IRMA COULD HAVE BEEN MUCH WORSE MANY BELIEVE IT WAS SCENES LIKE THIS THAT MADE ALL OF THE DIFFERENCE >> George: AND…WE ALL KNOW ABOUT THE POWER OF COFFEE TO START JOU YOUR DAY SEE HOW THIS CHINESE COFFEE SHOP IRO OWNER IS USING IT TO CHANGE LIVES >> WELCOME, EVERYONE, TO THIS WEEK’S EDITION OF “CHRISTIAN WORLD NEWS.” I’M GEORGE THOMAS >> Wendy: AND I’M WENDY GRIFFITH PRESIDENT TRUMP AND THE FIRST LADY TRAVELLED TO NAPLES, FLOR AR FLORIDA, TO SURVEY DAMAGE CAUSED BY HURRICANE IRMA, AND THE FIRST COUPLE SERVED UP MEALS AND ENCOURAGED VICTIMS OF THE STORM AND CBN’S “OPERATION BLESSING” IS ALSO IN NAPLES, BRINGING MUCH-NEEDED HELP TO PEOPLE IN CRISIS OUR GARY LANE HAS THE STORY >> Reporter: IN FORT MYERS THE PRESIDENT PRAISED GOVERNMENT RESPONDERS WHO ACTED SELFLESSLY TO SAVE LIVES IN THE HURRICANE >> President Trump: PEOPLE THOUGHT THOUSANDS AND THOUSANDS OF PEOPLE MAY HAVE THEIR LIVES ENDED, AND THE NUMBER IS A VERY SMALL NUMBER, WHICH IS A GREAT TRIBUTE TO YOU >> Reporter: THEN IN NAPLES, THE PRESIDENT AND FIRST LADY RECEIVED A WARM GREETING AND CHEERS AS THEY ARRIVED AT ESTATES MOBILE HOME PARK THEY LOOKED OVER THE DAMAGE AND LISTENED TO RESIDENTS TELL THEIR STORIES ABOUT WHAT HAPPENED DURING THE STORM THEN THE PRESIDENT AND FIRST LADY SERVED UP HOAGIE SANDWICHES FOR LUNCH >> LET’S MAKE AMERICA GREAT AGAIN! >> President Trump: COME HERE DON’T FORGET TO TAKE THIS >> I’VE GOT THAT >> President Trump: TAKE ANOTHER ONE >> Reporter: THE PRESIDENT OFFERED WORDS OF ASSURANCE THAT AMERICA WON’T FORGET FLORIDA >> President Trump: I JUST WANT TO TELL YOU, WE ARE THERE FOR YOU 100% I’LL BE BACK HERE NUMEROUS TIMES THIS IS A STATE THAT I KNOW VERY WELL, AS YOU UNDERSTAND AND THESE ARE SPECIAL, SPECIAL PEOPLE AND WE LOVE THEM THANK YOU >> Reporter: FLORIDIANS WERE ENCOURAGED TO SEE PRESIDENT TRUMP SERVING UP MEALS TO THE PEOPLE OF NAPLES, BUT PERHAPS MORE ENCOURAGING WAS TO KNOW THAT CBN’S “OPERATION BLESSING” WAS ON THE GROUND HERE IN FLORIDA LONGER BEFORE IRMA ARRIVED BEFORE IRMA THREATENED FLORIDA, O.B. HAD SUPPLIES AT ITS DISTRIBUTION HOUSE IN OCALA TRUCKS WERE LOADED AND READY EVACUEES GOT HELP AT SCHOOL SHELTERS PARTNERING WITH LOCAL CHURCHES, O.B. HAS ALREADY DELIVERED WATER, FOOD, AND OTHER SUPPLIES TO 10 OF FLORIDA’S HARDEST HIT CITIES IN NAPLES ON THURSDAY, A TEAM OF VOLUNTEERS UNLOADED AN O.B. TRUCK, FILLED WITH ITEMS LIKE FOOD AND WATER, READY FOR DISTRIBUTION TO THOSE WHO NEED THEM JODY GETTYS IS “OPERATION BLESSING’S” VICE PRESIDENT FOR U.S. DISASTER RELIEF >> NAPLES IS KNOWN AS ONE OF THE WEALTHIEST CITIES IN AMERICA, BUT ALSO REPRESENTS SOME OF THE POOREST POPULATIONS IN AMERICA WE ARE AT THE CHURCH WITH PASTOR GREG, AND WE’RE DELIVERING THOUSANDS OF POUNDS OF PRODUCT, EMERGENCY SUPPLIES, AND EVEN READY TO EAT MEALS >> Reporter: SHE EXPLAINS THAT THE READY TO EAT MEALS ARE COOKED WITHOUT ELECTRICITY >> THESE ARE COMPLETE KITS IT LOOKS LIKE A SPAGHETTI DINNER WERE YOU GET AT A GROCERY STORE IT HAS THE WATER, THAT YOU POUR ON THE HEATING PAD, AND YOU SLIP IT INSIDE THE BOX AND IT BECOMES AN OVEN >> Reporter: AND THEY RECEIVED ANOTHER HARD TO GET ITEM: BOTTLED WATER >> WE WENT DOWN THE STREET HANDING WATER TO PEOPLE, AND THEY WERE CRYING AND HUGGING US AND TRYING TO PAY US AND THIS IS NOT ABOUT MONEY THIS IS ABOUT NEEDIN MEETING THE NEEDS OF THE PEOPLE THAT’S WHAT IT IS ALL ABOUT >> Reporter: PASTOR BALL SAYS IT IS IMPORTANT FOR PEOPLE TO DEMONSTRATE CARE AND CONCERN FOR OTHERS IN NEED >> TO BE ABLE TO HELP TAKE CARE OF PEOPLE, THAT’S WHAT WE’RE ALL ABOUT IN THE BODY OF CHRIST WE’RE SO GRATEFUL TO “OPERATION BLESSING” AND “THE 700 CLUB” FOR ALL THEY’RE DOING THEY’RE ON THE GROUND, AND GOD IS DOING BIG THINGS WE’RE SO BLESSED TO BE PARTNERING WITH YOU TO SEE ALL THAT GOD IS GOING TO DO >> CBN REPORTER GARY LANE JOINS US FROM JACKSONVILLE, FLORIDA WE’VE SEEN THE PICTURES OF THE DEVASTATION TELL US HOW THE PEOPLE OF FLORIDA ARE DEALING WITH THIS ENORMOUS CHALLENGE >> Reporter: IT IS BACK TO WORK TO MANY HERE IN JACKSONVILLE, AND OTHER PARTS OF FLORIDA THE WORST HIT AREAS, NAPLES, DOWNED AR AROUND FORT MYERS AND THE FLORIDA KEYS, THAT’S WHERE THE PROBLEM IS MANY ARE NOT BACK TO WORK SOME CANNOT GET BACK TO THEIR HOMES IN THE KEYS MANY ARE JUST CLEANING UP, BUT IT IS GOING TO BE A LONG ROAD BACK >> TO HELP THE FOLKS THAT

ARE MAKING THAT LONG ROAD BACK IS CBN’S “OPERATION BLESSING.” THEY’RE THERE SERVING PEOPLE, AND WE KNOW THERE ARE A NUMBER OF FAITH-BASED GROUPS AND CHURCHES AT WORK GARY, TELL US HOW BAD WOULD THE SITUATION BE IF THESE GROUPS WEREN’T ON THE GROUND SERVING? >> Reporter: GEORGE, THE FAITH-BASED GROUPS ARE THE ONES THAT RESPONDED IMMEDIATELY THEY’RE RESPONDING FASTER THAN THE FEDERAL GOVERNMENT I’M NOT SAYING THAT THE FEDERAL AND STATE GOVERNMENT HAVEN’T DONE A GOOD JOB, BUT THE CHRISTIAN-BASED GROUPS AND JEWISH AS WELL ARE DOING A TREMENDOUS JOB THE PEOPLE ARE VERY APPRECIATIVE I HEARD FROM ONE PASTOR TODAY WHO SAID AS THEY WERE HANDING OUT WATER TO PEOPLE, BECAUSE THEY HAD NO WATER, THEY WERE ACTUALLY CRYING AND HUGGING THEM THEY WERE SO GRATEFUL, THEY WANTED TO PAY THEM AND THEY SAID, NO, WE’RE JUST COMING HERE SHOWING YOU THE LOVE OF CHRIST AND HELPING OUR COMMUNITY >> OBVIOUSLY GETTING A WATER SUPPLY IS VERY, VERY IMPORTANT WHAT ARE SOME OF THE OTHER ACTIVITIES THEY’RE ENGAGED IN? >> Reporter: WELL, THEY’RE ENGAGED IN ACTIVITIES “OPERATION BLESSING” IS PROVIDING PEOPLE WITH SOME HOT MEALS AND THE ABILITY TO HAVE HOT MEALS BECAUSE, AS YOU KNOW, THERE IS NO ELECTRICITY THAT IS VERY STRENUOUS ON THE ELDERLY, ESPECIALLY WITH THE HEAT THERE IS NOT A LOT THEY CAN DO ABOUT THAT, OTHER THAN OFFERING THEM A COLD DRINK OF WATER, MAYBE SOME ICE THEY’RE HELPING AT THIS POINT JUST MEETING THOSE BASIC NEEDS AND ALSO SOME HYGIENE PRODUCTS BECAUSE THE STORES DON’T HAVE THOSE AND MANY PEOPLE CAN’T EVEN GET OUT TO THE STORES THE BIGGEST NEED RIGHT NOW IS WATER AND ALSO FUEL BECAUSE A LOT OF THE GAS STATIONS ARE CLOSED >> THE STORM WAS SUPPOSED TO HIT A LOT HARDER AND DO MUCH MORE DAMAGE WHY DO YOU BELIEVE FEEL LIKE THEY DODGED THIS BULLET? >> Reporter: WELL, A LOT OF PEOPLE WERE PRAYING NOT ONLY HERE IN FLORIDA, BUT ALSO AROUND THE WORLD, GEORGE, AND AROUND THE UNITED STATES AND I ASKED MARCO RUBIO ABOUT THAT THE OTHER DAY AND HE SAID HE WAS PRAYING THE FIRST THING HE WAS PRAYING WAS THAT THE HURRICANE WOULDN’T EVEN COME, BUT IF IT DID HIT, THAT THE DAMAGES WOULD BE VERY MINIMAL THEY WEREN’T MINIMAL THEY WERE SIGNIFICANT, BUT IT COULD HAVE BEEN MUCH, MUCH WORSE, AND MANY PEOPLE ARE SAYING THAT’S BECAUSE OF THE POWER OF PRAYER, AND PEOPLE WERE PRAYING >> ON THAT SUBJECT, HOW SHOULD WE BE PRAYING AND HELPING THE PEOPLE OF FLORIDA? >> Reporter: WELL, PRAY AND FIND OUT WHAT GOD WANTS YOU TO DO “OPERATION BLESSING” IS LOOKING FOR VOLUNTEERS TO NOT ONLY COME HERE TO FLORIDA, BUT ALSO TO TEXAS AND THEY WILL PAY YOUR LODGING, YOUR MEALS, THEY’LL MAKE SURE YOU HAVE YOUR WORK ASSIGNMENTS, BUT IF YOU WANT TO VOLUNTEER, YOU HAVE TO FIND YOUR OWN TRANSPORTATION TO COME DOWN TO FLORIDA, TO GO TO TEXAS, AND ALSO TO GET TO THE WORK SITE THEY’LL HELP YOU OUT WITH THAT THEY NEED MANY, MANY VOLUNTEERS I WOULD SAY THAT’S NUMBER ONE AT THIS TIME AND ALSO PRAY THAT PEOPLE WILL COME TO CHRIST THROUGH THIS EXPERIENCE >> TERRIFIC GARY, THANKS FOR ALL OF YOUR TERRIFIC REPORTING THIS WEEK GARY LANE, OUR SENIOR INTERNATIONAL CORRESPONDENT, WHO NORMALLY IS TRAVELLING AROUND THE WORLD, BUT FINDS HIMSELF IN JACKSONVILLE, FLORIDA, COVERING THIS STORY FOR US THANK YOU SO MUCH FOR COMING ON THE SHOW >> AND HE HAS DONE A GREAT JOB, AS GEORGE SAID IN SOUTHERN MEXICO, CLEANUP IS DO SLOW GOING AFTER THE MASSIVE EARTHQUAKE THIS MONTH AS OUR CBN MEXICO TEAM DISCOVERED, THEIR NEEDS GO FAR BEYOND FOOD AND WATER CHARLENE AARON HAS MORE >> WALKING DOWN THE STREETS OF CHIAPAS REQUIRES A LOT OF IMAGINATION THAT’S THE ONLY WAY TO PICTURE HOW THIS LITTLE TOWN LOOKED BEFORE THE 8.2 EARTHQUAKE DESTROYED SO MANY HOMES IT IS NOT HARD TO IMAGINE THIS WOMAN’S FATE IF SHE HAD NOT LEFT HER BED IMMEDIATELY WHEN THE QUAKE STRUCK [SPEAKING IN SPANISH LANGUAGE] >> Through Translator: I WAS SLEEPING WHEN I FELT THE EARTHQUAKE AND I RAN OUT OF THE HOUSE AS QUICK AS I COULD WE HEARD A NOISE, AND WHEN I CAME BACK IN, I SAW THE ROCKS HAD BROKEN MY BED I COULD BE DEAD NOW >> WALKING DOWN THE STREETS, YOU ALSO HEAR MANY REQUESTS FOR HELP [SPEAKING IN SPANISH LANGUAGE] >> Through Translator: I’M LOOKING FOR WATER TO DRINK BECAUSE THE WELLS ARE EMPTY BUT WE HAVE NOT FOUND IT [SPEAKING IN SPANISH LANGUAGE] >> OFTEN THOSE REQUESTS TURN INTO DISPAIR [SPEAKING IN SPANISH LANGUAGE] >> Through Translator: WE AREED SAD WE NEED HELP THE CHILDREN DON’T HAVE FOOD WE HAVE NOTHING WE ARE SLEEPING ON THE ROCKS >> NICHOLAS HAS NOT LOST FAITH THAT HE WILL FIND FOOD [SPEAKING IN SPANISH LANGUAGE] >> Through Translator: WE LEFT HOME AT 7:00 TO LOOK FOR SOME FOOD FOR OUR CHILDREN, BUT WE HAVE NOT FOUND ANYTHING YET WE WELL KEEP LOOKING >> THEY SHOWED CBN MEXICO DISASTER RELIEF TEAMS WHERE THEY SPENT THE NIGHT AFTER THEY FLED THEIR HOME

AT FIRST SIGHT, THEIR HOME DOES NOT LOOK DAMAGED LOOK AGAIN IT IS EASY TO UNDERSTAND WHY THEY DON’T WANT TO GO IN THEY’RE WAITING FOR GOVERNMENT AID TO REBUILD THEIR HOME BUT IN THE MEANTIME, THERE ARE MORE IMMEDIATE NEEDS [SPEAKING IN SPANISH LANGUAGE] >> Through Translator: WE ALL HAVE PROBLEMS TO FIND FOOD BECAUSE THERE IS NO JOBS EVERYTHING IS PARALYZED >> BUT THANKS TO CBN PARTNERS, WE CAME TO THIS COMMUNITY TO INSTALL A SOUP KITCHEN WITH THE HELP OF VOLUNTEERS, WE STARTED PREPARING HOT MEALS FOR THE VICTIMS OF THE EARTHQUAKE, AND THEY IMMEDIATELY MADE A LINE AND, OF COURSE, NICHOLAS, ARCELIA, AND THEIR CHILDREN CAME, TOO >> I’M VERY THANKFUL FOR THIS FOOD, THAT CAME RIGHT ON TIME FOR MY CHILDREN >> FOR THEM, CBN PARTNERS GAVE MORE THAN FOOD, BUT SPIRITUAL COMFORT AS WELL [SPEAKING IN SPANISH LANGUAGE] >> Through Translator: THEY ALSO HELPED US THANK YOU SO MUCH I HAVE NO WORDS TO EXPRESS MY GRATITUDE >> AND THE LONG, HARD WORK OF RECOVERY HAS JUST BEGUN CHARLENE AARON, CBN NEWS >> GOD BLESS THEM YOU CAN FIND OUT HOW YOU CAN PARTNER WITH CBN TO HELP THE VICTIMS OF NATURAL DISASTERS GO TO OUR WEBSITE, cbnnews.com >> UP NEXT, SPEAKING TO THE WINDS AND THE WAVES DID PRAYERS LIKE THIS SPARE FLORIDA FROM AN EVEN WORSE FATE? >* * THE GREAT I AM * WHO IS WORTHY >> YOU ARE LOOKING AT A SCENE ON A JACKSONVILLE FLORIDA BEACH THE DAY BEFORE HURRICANE IRMA WASHED ASHORE DOZENS OF CHRISTIANS CAME TO WORSHIP AND PRAY IN THE FACE OF THAT STORM CBN PRODUCER EMILY JONES, AND PASTOR MAX LUCADO — SHE ASKED HIM ABOUT THE IMPACT OF SUCH PRAYERS, AND THE EVER-PRESENT QUESTION: WHERE IS GOD IN THE STORM? TAKE A LOOK >> WE SEE SO MUCH FLOODING AND DISASTER LEFT BY THE HURRICANES WHERE IS GOD IN ALL OF THIS? >> I THINK TWO OR THREE REMINDERS ARE REALLY HELPFUL DURING SEASONS LIKE THIS ONE IS THAT GOD NEVER PROMISED THERE WOULD BE A WORLD WITH NO STORMS IN FACT, WHEN JESUS GOT IN THE FLESH ON THE EARTH, DURING HIS LIFETIME, HE ENDURED MANY STORMS SO TO SUGGEST GOD IS ABSENT OR THAT THE PRESENCE OF GOD MEANS THERE ARE NO STORMS, THAT IS SIMPLY NOT TRUE YOU KNOW, THE FACT OF THE MATTER IS JESUS SAID, IN THIS WORLD YOU WILL HAVE TRIBULATION, BUT YOU CAN BE OF GOOD CHEER BECAUSE

I’VE OVERCOME THE WORLD >> AMEN >>> IN YOUR ARTICLE, YOU SAY THIS IS A TIME TO STAND UP AND LIFT UP ON THE SCREEN, WE’RE SHOWING AUDIENCES DOZENS OF PEOPLE ON THE BEACH IN FLORIDA, WORSHIPPING AND PRAISING THE LORD BEFORE EVEN THE HURRICANE HIT WHAT DO YOU THINK ABOUT THESE RESPONSES? >> I THINK THAT’S WHAT WE SHOULD DO ANYBODY CAN WORSHIP GOD WHEN THE SUN IS SHINING AND THE SKIES ARE BLUE, BUT TO WORSHIP GOD IN THE MIDST OF THE STORM, THAT’S WHAT REQUIRES FAITH OF COURSE, MANY OF US WILL NEVER FACE A PHYSICAL HURRICANE LIKE IRMA, BUT WE’LL ALL FACE FINANCIAL HURRICANES, OR HURRICANES THAT COME IN THE FORM OF A DOCTOR’S DIAGNOSIS, OR A FAMILY SITUATION, SO ALL OF US HAVE THE OPPORTUNITY TO LIFT UP OUR EYES AND TURN OUR HEARTS TOWARDS HIM HIS REQUIRES AN INTENTIONAL ACTION ON OUR PART THE PSALM MISIST SAID, MY HOPE COMES FROM THE LORD WHO MADE THE HEAVENS AND THE EARTH >> HOW DO WE SHARE OUR HOPE WITH PEOPLE WHO HAVE LOST EVERYTHING? >> THE BIBLE SAYS TO BE ANXIOUS FOR NOTHING, BUT BY PRAYER AND SUPPLICATION, LET OUR REQUESTS BE KNOWN TO GOD WITH THANKSGIVING AS WE TURN OUR HEARTS TOWARDS OUR HEAVENLY FATHER, AND WE PRAY TO HIM, WE REMAIN IN A POSTURE OF GRATITUDE, THE CONSEQUENSES IS A PEACE, A PEACE THAT SURPASS UNDERSTANDING I THINK WHAT THE WORLD NEEDS RIGHT NOW IS A QUORUM OF PEOPLE WHO ARE PEOPLE OF PEACE, WHO HAVE KNOWN THE PRINCE OF PEACE, JESUS CHRIST, AND WHO ARE WILLING TO CARRY A SENSE OF PEACE INTO THE WORLD >> MAX LUCADO, THANK YOU SO MUCH FOR JOINING US TODAY >> THANK YOU IT IS A PRIVILEGE >> INCREDIBLE WORDS OF INSPIRATION >>> THE MAN YOU ARE ABOUT TO MEET LEARNED FIRSTHAND OF GOD’S FAITHFULNESS IN THE STORM WHEN HURRICANE HARVEY HIT HOUSTON THREE WEEKS AGO, HE AND HIS FAMILY FACED A FORECAST OF EPIC FLOODING JOHN JESSUP TELLS US MORE >> Reporter: I’M JUST OUTSIDE OF HOUSTON IN RICHMOND, TEXAS, THE HOME OF JEREMIAH JOHNSON HE IS A PROFESSOR AT HOUSTON BAPTIST, AND HEADS UP THE CHRISTIAN THINKER’S SOCIETY WHEN HURRICANE HARVEY HIT, HE AND HIS FAMILY HAD SOME SCARY MOMENTS, GOING TO A MANDATORY SHELTER WHEN THEY WENT TO BED, TO WAKING UP TO A MANDATORY EVACUATION NOTICE AT FIRST LIGHT FORECASTERS HAD WARNED OF A NEARBY FLOODING IN A NEARBY RIVER, AND FORTUNATELY THAT DIDN’T HAPPEN THE JOHNSONS KNOW THEY’RE FORTUNATE THAT THEY HAVE SURVIVED AND SUSTAINED MINIMAL DAMAGE TO THEIR HOME, AND, MORE IMPORTANTLY, TO ALL STAY SAFE THEY’RE EVEN MORE GRATEFUL, AS FIRST-TIME HURRICANE SURVIVORS, FOR THE SUPPORT AND THE PRAYERS OF THE CHURCH >> THERE ARE VOICES THAT SAY CHRISTIANITY IS PASSE, AND GOD IS IRRELEVANT THE CHURCH IS SO IRRELEVANT, AND WE DON’T NEED THE CHURCH ANYMORE GUESS WHAT? NO ONE WAS SAYING THAT AFTER HURRICANE HARVEY THE CHURCH IS OUT-PACING EVEN THE LOCAL GOVERNMENT AND IT IS ALL HAPPENING ORGANICALLY AND I MEAN PEOPLE OF ALL DENOMINATIONS >> JOHNSON IS RIGHT, WE’VE BEEN HERE FOR ABOUT A WEEK IN BEAUMONT, TEXAS, AND ROCKPORT, AND WE’VE SEEN VOLUNTEERS FROM ACROSS THE COUNTRY COME AND PARTNER WITH CHURCHES WE’VE SEEN THAT WITH “OPERATION BLESSING” AND OTHER ORGANIZATIONS, LIKE “SAMARITAN’S PURSE”, AND THESE PEOPLE ARE GIVING UP THEIR TIME AND RESOURCES SO THEY CAN HELP PEOPLE WHO HAVE SURVIVED UNTHINKABLE CATASTROPHE AND WE’RE SEEING THE HANDS AND FEET OF JESUS AT WORK HERE IN TEXAS THAT WORK WILL CONTINUE FOR SOME TIME I’M JON JES JE JON JESSOP REPORTING >> HE DEDICATED HIS LIFE TO MAKING AND SERVING COFFEE, BUT WHEN HE FOUND CHRIST, HIS PASSION TOOK A WHOLE NEW DIRECTION >> ALL RIGHT, FOLKS,

WELCOME BACK TO “CHRISTIAN WORLD NEWS.” YOU KNOW, COFFEE IS VERY POPULAR IN CHINA THESE DAYS, ESPECIALLY AMONG MILLENNIALS, AND MORE COFFEE SHOPS ARE SPRINGING ACROSS THE CAPITAL >> ONE COFFEE OWNER USES HIS LOVE OF COFFEE TO SHARE A LIFE-SAVING MESSAGE MUNG FE LI HAS MORE >> IF YOU COULD CHOOSE ONE COLOR TO DESCRIBE YOUR CITY, WHAT WOULD THAT? FOR B BEIJINGERS, IT WOULD BE YELLOW THESE BIKES HAVE BECOME THE HOTTEST ATTRACTION IN THIS MODERN CITY ONE YEAR AGO, WHEN THOSE BIKES WERE FIRST INTRODUCED TO CHINA, MANY CHINESE FELT STRANGE AND UNFAMILIAR TODAY THOSE BIKES HAVE BECOME THE MOST IMPORTANT AND CONVENIENT TRANS TRANSPORTATION FOR THE NATION >> Through Translator: EVERYWHERE I GO, I ENJOY RIDING THE BIKES AND THE BRIGHT COLOR MAKES BEIJING MORE ATTRACTIVE AND MODERN >> Reporter: AND THERE IS SOMETHING ELSE THE BIKES ARE BEING USED FOR: DELIVERING COFFEE IN BEIJING THIS WOMA MAN IS A NATIVE BEIJINGER FOR SO LONG HE WAS FASCINATED BY THE UNIQUE SMELL AND DELICIOUS FLAVOR >> Through Translator: THE FIRST TIME I TASTED COFFEE, I WAS DRAWN TO THE FLAVOR IT IS SOMETHING I HAD NEVER TASTED BEFORE STARBUCKS WAS STILL NEW TO CHINA BACK THEN CHINESE PEOPLE DIDN’T UNDERSTAND HOW TO APPRECIATE THIS WESTERN DRINK >> HE WAS >> DARYL: DETERMINED TO LEARN MORE ABOUT COFFEE HE LEARNED HOW TO MAKE IT AND CAME UP WITH HIS OWN RECIPE >> I WAS SO EAGER TO PURSUE MY OWN PASSION BUT IT WAS NOT EASY I KNEW I COULD DO IT, BUT SOMEHOW I COULDN’T MAKE IT RIGHT IT SEEMED LIKE SOMETHING WAS MISSING >> Reporter: HE BEGAN SPENDING MORE TIME AWAY FROM HIS FAMILY HIS WIFE FELT HE WAS NO LONGER DEDICATED TO THE MARRIAGE AND THEIR CHILDREN THEN ONE DAY HE MET A CHRISTIAN FRIEND AND SHARED HIS FRUSTRATION AND CONCERN AFTER A LONG TALK, HE REALIZED WHAT WAS MISSING HE BECAME INTERESTED IN GOING TO CHURCH AND HE MADE A DECISION >> THE SAME DAY, BEFORE GOING TO BED, I GAVE MY LIFE TO JESUS I WANTED HIM TO HELP ME TO BECOME A SUCCESSFUL COFFEE-MAKER I COULDN’T DO IT ALONE >> Reporter: HE TOOK THE OPPORTUNITY TO OPEN HIS OWN SHOP IN ONE OF THE MOST POPULAR AREAS OF BEIJING HIS BUSINESS GREW, AND HE STARTED RIDING A BIKE, DELIVERING COFFEE TO HIS COSTUMERS >> IT IS LIKE GOD SUDDENLY OPENED A FAUCET PEOPLE STARTED TO COME TO MY COFFEE SHOP I WAS OVERWHELMED BY BLESSINGS AND PROVISION HE TAUGHT ME SO MUCH OVER THE YEARS >> Reporter: BEING A COFFEE SHOP OWNER FOR MORE THAN 10 YEARS, HE WAS GRATEFUL ABOUT WHAT GOD HAD PROVIDED FOR HIM GRADUALLY, HE BEGAN TO INVITE HIS COSTUMERS TO LISTEN TO HIS STORY, AS WELL AS ENCOURAGING YOUNG PEOPLE IN CHINA TO KNOW ABOUT JESUS CHRIST >> PEOPLE ALWAYS ASK ME HOW I BECAME SUCCESSFUL TODAY IT IS IMPORTANT FOR THEM TO HEAR MY STORY IT IS NOT ABOUT ME GOD DID IT FOR ME >> Reporter: EVERY FRIDAY NIGHT, HE HOLDS BIBLE STUDY AT HIS COFFEE SHOP HE IS NOT AFRAID OF PEOPLE ASKING QUESTIONS HE IS PASSIONATE ABOUT

SHARING THE GOSPEL WITH EVERYONE WHO COMES IN >> HE IS A GREAT TEACHER HE IS VERY PATIENT WHEN EXPLAINING THE GOSPEL TO US HIS STORIES ABOUT GOD TOUCHED ME >> Reporter: TRYING TO MAKE A LIVING IN LARGE CITIES LIKE BEIJING AND SHANGHAI IS NOT EASY HE SEES MORE CHINESE MILLENNIALS ARE FLOODING TO BEIJING TO PURSUE THEIR DREAMS HE IS PLANNING TO OPEN UP MORE COFFEE SHOPS AROUND THE NATION >> THE PURPOSE IS TO INVITE MORE COFFEE-LOVERS TO HIS STORE AND GIVE THEM A CHANCE TO KNOW HOW GREAT GOD IS >> BEING SUCCESSFUL IS NOT EASY, BUT EVERYONE HAS THE OPPORTUNITIES TO ACHIEVE THEIR DREAMS BY KNOWING GOD AND FOLLOWING HIS PRINCIPLES * >> Reporter: MUNG FE LI, CBN NEWS, BEIJING, CHINA >> ACTOR JI JIM CAVIEZEL IS TAKING ON ANOTHER BIBLICAL ROLE ON THE BIG SCREEN HE DELIVERED AN UNFORGETTABLE PERFORMANCE IN MEL GIBSON’S “THE PASSION OF THE CHRIST.” I’M SURE YOU REMEMBER AND DEADLINE HOLLYWOOD REPORTS HE WILL PLAY THE ROLE OF LUKE IN A NEW FILM ABOUT THE APOSTLE PAUL, AND JAMES FAULKNER WILL PLAY THE ROLE OF PAUL HE WAS INCREDIBLE IN “THE PASSION.” IT WAS LIKE THE REAL THING HE KNOCKED IT OUT I CAN’T WAIT TO SEE THIS AS WELL >> WELL, FOLKS, THAT IS IT FOR THIS WEEK’S EDITION OF “CHRISTIAN WORLD NEWS.” >> THANKS FOR RETURNING FROM YOUR WORLD TRAVELS TO BE HERE WITH

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AICPA Town Hall Series – Jan 14 Edition

Welcome to the AICPA Town Hall Series, your resource for the latest news and updates on pressing issues facing the accounting profession Good afternoon and welcome to the AICPA Town Hall Series It’s a very important time as we start the year There’s a lot going on We have a lot of information to review with you today Let’s get right into it We’re going to have some broad opening comments and then we’re going to give you the latest related to the guidance that has come out from SBA treasury, some that just occurred last night We’re going to then just give you a broad overview of how we’re seeing this next phase of PPP We’re going to also provide you an overview on the CPA loan portal doing a brief demo Then we’re going to also get into a very important topic, ERC enhancements and PPP and some changes that have occurred We’ll always close with the open form and closing remarks You can receive CPE by clicking on 75 percent of the attendance pop-ups You’ve got this toolbar at the bottom You can download today’s presentation There’s also a new 15-page document which we strongly encourage you to take a look at that’s going to address many of your PPP questions If at anytime the video freezes, refresh your browser, you can do that with the F5 function or with Control R. Today with me, and I’m Erik Asgeirsson, one of the AICPA executives, and I oversee the Business and Technology Subsidiary at CPA.com Along with me today are Kristin Esposito, who’s the Director of Tax Policy and Advocacy She’s going to be doing a little bit of a deep dive on ERC We’ve got Kari Hipsak, who many of you know, and she’s been leading up many of the tool development activities related to the PPP program I know you all know Lisa Simpson, who’s here every week with us, and she’s going to be giving you a very thorough overview in the latest related to PPP What’s the hot topic? The hot topic clearly is SBA’s announcement that they’re reopening PPP Things actually are tracking As we have projected, we did a bunch of town halls in the last two weeks of 2020 If we looked at the timeline we highlighted, then it actually plays out rather accurately here Where are we at right now? This week, the SBA started receiving the PPP applications It started on Monday with these CDFIs, these smaller lenders Now, tomorrow, the SBA’s going to be significantly increasing the number of lenders that can submit applications I’ll be getting into that in a second Then next week, they’re going to open it up to all of the lenders But let’s talk a little bit more about what’s happening with the lender community Starting tomorrow, there’ll be 5,000 eligible lenders that can start submitting PPP applications, these next phase PPP applications to the SBA However, most of them will not You have 5,000 that are eligible, we think it probably would be under 10 percent that are going to be ready to start processing in submitting these loans to SBA Then next week, SBA will open the window up for all lenders In particular, the larger lenders, that will be as of Tuesday, January 19th But that doesn’t mean that the large lenders will start submitting applications Let’s talk a little bit more about how this submittal process works The lenders are interpreting the guidance that’s been put out by by SBA and treasury They’re the ones that submit these PPP loans We know the process, and when we reflect back on what happened in April and May What is starting to occur again is lenders are going to have different processes related to how they fill out these applications They’re going to have a times different document requests, Lisa and I have been talking to a lot of firms this week, and they’re hearing from some lenders that they were requiring the first PPP loan application, forgiveness application to be submitted, that is not a requirement of treasuries

However, some lenders are going to make that part of their process That’s something we all need to understand Our goal like it was back in April and May, is to help drive a common approach in understanding That’s why we’re putting out these documents We also think even through our CPA loan portal, we can provide some broad leadership on how this process should work Finally, the lender-agent relationship We have a good understanding of that You clearly need to have an engagement letter or some type of agreement in place with the lender if you want to receive agent fees Our understanding is that most lenders do not plan to pay agent fees Lisa, I know this is high level We’ll be getting into more details, but is there any comment that you want to provide on this slide? I think your comment about lenders having different processes than are outlined is just so on-point We just got a question about a borrower who’s trying to get into the line for a second draw The lender is saying, you’ve got to have that first draw forgiveness application submitted It is just important to understand that these are the processes that SBA has outlined But lenders may throw up their own restrictions It might give you me some encouragement to look for a different option It’s a great segue, Lisa, into this next slide Let’s now talk about, so that last slide was status on lenders Now, this is looking at the firm to lender workflow This is something that I think you all need to be proactive about is understanding when your clients’ lenders are going to start processing applications, understand their process and what we’re recommending and many firms are telling us this is what they’re doing is to have a centralized process to support these draw one and draw two applications With that centralized process, you then will at times will work with your client in their original lender But one thing that should be known is many of these loans were sold In some cases, the original lender might not even have that original PPP loan anymore, but you need to work with your clients in some of them will say, well, I think it makes sense to go with the original lender, then you have that path It probably makes sense to have an alternative path because there could be issues with your original lender being live with the SBA, and also some other processes may not be in line with what you think the firm that they should be Having an alternative approach makes a lot of sense We have built this CPA loan portal to help give firms options Then after you work with your client to either go to the original lender or a new lender, that lender then decides when to submit to the SBA Now we, based on their systems, have they built their API into the SBA and also based on their policies They set their policies, then that goes into the SBA The SBA then is going to have a more thorough validation process This is why we’re saying it’s important to get it right because some loans applications will be kicked back if there are errors If there’s not errors in it, it’s validated, then you will receive an E-Tran number, and then after you see the E-Tran number, you’ll receive the funding That’s a little bit high level about the process Once again, we think we’re in a completely different position today related to April of 2020 Firms can be much more proactive They can put in place capabilities that can think through lender options Yes, this can be all kinds of confusion out there There’s going to be confusion on how people interpret a portion of the act There’s going to be differences by the lenders as we just discussed, there’s an opportunity to receive agent fees If that’s in your business model, you can receive agent fees and you can build for advisory services This is part of your business practice strategy Great opportunity to gain new clients Then also set yourself up for a better forgiveness process by thinking through this now and being proactive Quick update on where things stand related to forgiveness We’re all talking about getting loans in But let’s look at where forgiveness stands, and if you look at this chart, basically one-third, a little bit less than one-third of the original 5.2 million in PPP loans have been submitted to the SBA for forgiveness

So two-thirds or almost 70 percent of the loans are outstanding I can tell you the lenders want those forgiveness applications to be submitted They’re going to leverage this next phase to get those submitted You do not need to submit a forgiveness application to go for a draw to PPP loan, that’s per Treasury That doesn’t mean that some bank will not state that that’s their policy So with that, Lisa, let’s talk about how the AICPA is seeing this and trying to build this common approach and understanding, so I’ll turn it over to you Thanks, Eric. We have had so much activity in the last seven days Eric, I think if you can advance the slide, there we go So just between the period January 6th through last night, again, once again, after I go to bed, they start sending out stuff But if you look at the screen, you’ll see what information we’ve gotten within the last week, and we talked about the two IFRs last week on the town hall They are easy to read, well-organized Please feel free to jump into those if you have a question that isn’t covered, otherwise, it gives you some fascinating reads on theory and why some decisions were made But then on Friday, we got the revised application for first draw loans and we have the brand new form on second draw loans So they’re going to look very familiar to you They’re not dramatically different than what you have been learning over the past eight, nine months, so that should give you some comfort Just last night, we got a procedural notice that deals with situations where a borrower wants to increase their first draw We’re going get into that a little bit later on and so I won’t hold you up But just to remind everyone, you’re going to have to use some judgment on a lot of your circumstances There are not going to be specific guidance issue around a lot of the detailed questions that you might have So it’s just important to look at the guidance, understand the intent, and then use your judgment, documenting that judgment So to that end, we have added a new resource that is in your materials You were also given a link to it, and it was suggested that you do a pre read on that because what we’re going to try to do is capture a lot of the intel and answer a lot of your common questions within this document It was updated on the 10th, so it does not have this latest procedural notice that came out last night, but we’ll be working on getting that updated quickly You’ll have a link in the slide deck to only be able to check the most recent version It’s available on the AICPA.org/SBA page These are a list of the topics that I’ve covered So if you have asked a question in the Q&A Today, we’re up at over 300 or so already You might want to go back in and check out this document first to see if it’s going to cover your questions because we’ve tried to simply walk through the first draw IFR and the second draw IFR to capture the main questions that are being asked I do want to talk about a couple of things We’re already getting questions about the simplified forgiveness and how that’s going to work and whether FTE requirements are going to be included in forgiveness for the next round, and we are waiting on that IFR The SBA and Treasury have stated that they will be issuing an IFR around forgiveness, so we are just going to wait and see what that process looks like Using the ERC and PPP, getting lots of questions about that It’s a great question We have a blog that just went live earlier today that Carl Peterson, who you saw last week, has worked on around ERC and PPP, and the significant planning opportunities provides for you with your clients Kris Esposito is going to talk with us about that later in the show today One of our favorite topic here So Eric, your favorite topic The thing here is we’re getting lots of questions You’ve got the economic uncertainty affirmation We went through this on Round 1 We called it the self-assessment of need This is a slide from April and May of 2020 So we know that some information will be made public

We know that’s important to do the self-assessment of need discussion, risk discussion with your client, and be aware of these future reviews, and to document all of this With all this said, the intent of this program is to support businesses We had a blog earlier in the last year related to this from Barry Melancon, stating about the intent of the program So there is a lot of uncertainty If you look at what’s happening in the world right now, we’ve got a health crisis, we’ve got an economic crisis, and we’ve got this social justice ongoing dialogue that’s occurring So lots of uncertainty, and if you also qualify for that 25 percent reduction based on a quarter decline, you’re probably in a pretty good position to say that there’s a lot of uncertainty out there and you qualify. So Lisa Again, just document your circumstances at the time of the loan application and make sure that you’ve kept that on file, it’s great All right, so let’s start digging in, and again, I’m not going to go into all of the details that we covered last week They’re in that resource documents But I did want to give you a look at what this new form looks like Again, it looks familiar You’ve seen this before Just a couple of new expense categories that we’ve talked about It is asking for the first draw SBA loan number Apparently, that’s quite a challenge to get your hands on So if you are going to be applying for a second draw, start working on getting that loan number identified, so that you’re ready when you submit the application You’ll see that it’s asking on the face of the application what the actual reduction in gross receipts is for the comparative period, and that is required information Hey, Lisa I was just talking to a banker and the best way to find that is obviously in the declines loan agreement, and people say, “Oh, we never retained it.” You know what? People retain a lot of is their e-mails Have your client go to their e-mail, look for that document, you need to have that number right That is a critical number, and you need to get that right If you put the wrong number in, that probably is going to cause some real delays in the processing One other thing on the application we’re getting a lot of questions about, how are we supposed to calculate the number of employees at the time of the application? It seems like a simple question Apparently, it’s not So we are asking for clarification around the 300 and 500 size standards for eligibility for the loan and what is to be included in that calculation So we’ll get back to you on that For now, if you need to go ahead and apply, document your rationale, and keep it in your file So I mentioned that we’ve got a lot of details in the document This is an area that we can take you to get lots of questions about, what’s in gross receipts? So we touched on this last week I’ve included some descriptions within the summary document, both for for-profit and not-for-profit borrowers We mentioned that PVP and idle funds are not included in gross receipts, so we have some clarity around that But lots of questions around the other pairs, act, and other types of relief funds So for example, funds targeted at higher ed institutions, Medicare or medical provider relief funds We are working on getting clarification around that, so I do not have any answer for you, but do know that we’ve asked the question and they’re processing on it Now, another big topic I had someone e-mail me just before we came on air about, am I using cash? Am I using tax? What am I supposed to use? Let’s just all take a deep breath and acknowledge that we’re not going to get any detailed guidance on what method to use I tried to just frame it around the core concepts of, let’s start with the first one, does the borrower produce regular financial statements either on a monthly or a quarterly basis? They can be internal financial statements They do not have to be audited, reviewed, or compiled They are, what is the basis that the borrower is typically using? It needs to be consistent If they don’t produce regular financial statements, so they just wait until the end of the year and bring in the shoe box and sort through it,

then that’s probably not going to work for you But the alternative is to use cash receipts from your bank statements Obviously, if you’ve got capital infusions or loan amounts going into the deposits for a quarter, then you’re going to need to back those out, document the steps that you’ve taken to go from total cash receipts to the amount that you’re reporting as gross receipts for your comparative period If you’re a restaurant or if you’re a retailer and you’ve got a point of sale system, start with that if that’s a better approach for you The point is you’ve got to be consistent, but don’t overthink it That’s right, Lisa It’s consistent quarter over quarter and it’s also assume positive intent This is where the CPA firms can play a huge role You understand this, you work with your clients, and you keep the comparisons consistent and assume positive intent Then you’re going to have to work with your lender Again, this is one thing that the lender is going to also play a key role because they’re going to be the one that says that I’ve got the right amount of documentation or affirmations to support this Yeah. We know that there are lots of complicated accounting methods You’ve got contractors using percentage of completion or completed contracts So their quarterly financials may not reflect those entries, but that’s okay As long as the methodology is consistent, then you can compare quarter in 2020 to corresponding quarter in 2019 Is there a 25 percent decrease in revenues? Yes, apply if there is economic necessity No, look at the next quarter Hopefully, that helps Again, I know that we all want to get it right and we all want to be as precise as we can be, but this is an area where that’s just not going to be needed to be honest with you Another area that I wanted to make sure we talked about today was around the requirement to use all of the first draw before receiving the second draw If you look at the second draw application, the borrower will attest that they have used or will use all of the funds when they apply But before they actually get the funds, they then have to say, “I’ve done it, I have used all of the funds for my first draw.” It does not mean that 100 percent forgiveness is required As we’ve said earlier, it does not mean that the loan application has to have been submitted You may have spent some of your funds after the end of the covered period so maybe that’s why you’re not getting 100 percent forgiveness That’s okay That counts as a use of funds on eligible expenses Here’s another one that you’ve got to keep in mind At least 60 percent of the funds that were spent have to have been spent on payroll, on eligible payroll The standard caveat, again, let’s go back and say it again, all of the first draw must be spent on eligible expenses I know none of you-all have the clients that are running through cars and jewelry, but we just want to make sure that you’re having that conversation with the client that says, “Did you use this on eligible purposes?” The key thing, Lisa, it can be after the covered period So it just has to be eligible expenses, the 60, 40 percent ratio applies What they’re trying to do here is that they’re going to look for someone that took the original PPP funding and just bought cars and boats That’s what they want to prevent, and then that person getting a second draw After the covered period, it shouldn’t be any issue, they’re still in business to meet the 60, 40 split of eligible expenses Let me clarify something there just before we move on The borrower can apply by saying, “I will use all of my funds by the date I get the disbursement.” They can go ahead and apply for the second draw and get that E-Tran number that we talked about at the beginning because the system will stop accepting new applications on March 31 So a borrower can get that second draw application in, but then before they take the funds, they make that extra certification It’s just a little bit more about a puzzle piece there

Okay All right. We knew from the Economic Aid Act that there was a provision for first draw increases We knew that procedural notice was supposed to be coming out soon and it hit last night A key date here This won’t go into effect until January 25th So you’ve got some time to work through, whether or not you’re in a situation where this is an option for you It is important to note that this is not going to help borrowers whose first draw loans have been paid off, have been forgiven fully and paid to the lender It is not intended to cover a broad range of circumstances It is limited to a few select circumstances right now that we’ll talk about It is not for topping off a loan, where the borrower simply made an error It’s not designed for a situation where these new payroll cost categories, vision, dental, life insurance were added in That’s not what this is for If we move on, you’ve got a few select occurrences where this is available A partnership, I don’t know if you-all remember way back at the beginning of this, but there was a lot of confusion around partnerships and whether partners were to be included with the partnership PPP loan application The answer eventually came out to be yes, but by then a lot of borrowers had already submitted their loan applications This provision allows for those additional partner comp costs to be added as an additional amount for the first loan That’s a little confusing But these three circumstances are only going to work, again, if the SBA has not forgiven the loan and paid the lender Another option is for your seasonal employers because there was a new calculation proposed under the Economic Aid Act; same for farmers and ranchers [inaudible] to those, if you think about, this is the end of January They’re going to give more guidance on this I think right now, some good high-level information, you can’t just top off due to errors There’s got to be very specific reasons The primary thing to focus on right now is getting in these new applications, draw one, for someone who didn’t apply before, or draw two, for a second PPP loan Yeah. They’re also giving opportunities for borrowers who fully repay their first draw before December 27th as long as the loan was shown as canceled or paid in full because they decided not to take it, they returned the money, or they returned a part of it, or they didn’t even accept all of the amount they were approved for The procedural notice is obviously brand new, lots to unpack through the lender process, so I just wanted to point out those high level notes to you Lisa, agent fees Something that we know It continues to be a focus for many firms What you see here is what is in the most recent IFRS, it shows the lender fee percentages and the agent fees There is one category that is in the lender fee amount that’s not in the agent fee category For loans less than 50,000, lenders will receive 50 percent of the loan principal or $2,500, whichever is less We have had a discussion with some of the government officials, and what they let us know was that table was just taken from the original CARES Act, and this is being looked at, and based on these discussions, our expectation is for loans below 50,000, agents will be able to receive a $500 flat fee or 10 percent of the loan principal, whichever is less That’s actually how we’re managing our CPA loan portal, and we think they will be FAQs or guidance issued related to that Once again, let’s look at PPP lending options You’ve got traditional lenders, banks, credit unions, community banks and then you’ve have Fintech What all of these different entities are doing are providing a front end to the SBA

They have application systems that are taking this information in from the small businesses They’re both submitting that to the SBA The SBA then provides an E-Tran number, which enables the funding to be provided to the business What we’re going to do now is we’re going to do a brief demo in the CPA Business Funding Portal, which has thousands of CPAs as registered users As of this morning, there’s something like over 4,000, close to 5,000 applications that have already been loaded into the system for this next phase I’ve seen some questions coming in, is this portal in Biz2Credit going to be open in submitting applications through the SBA tomorrow? The answer to that question is yes They are in that 5,000 lender eligible group, and they are ready to start submitting the applications to the SBA systems starting tomorrow Kari, I’ll let you give us a brief overview of the portal, and this is a sign that the AICPA PCPS team is working in collaboration with Biz2Credit on putting a lot of of our guidance and recommendations into this platform Great. Thank you so much, Erik, and thank you everyone for joining us A couple of quick things I’d like to mention before I jump into the Business Funding Portal One is that if you’re a person that likes to follow along, please feel free to go directly to the link down at the bottom right hand corner of this slide, CPALoanPortal.com, and I’ll go through some of the background while you have an opportunity to pull that up As Erik mentioned, this is a solution for PPP business relief There are two components currently available in the portal One is for applications for this new round of PPP that we’re in, and the second is the loan forgiveness application component Those that might have received a loan in the first round and are now looking to get that forgiven There are a number of features One of the most prominent feature that you see right on the slide in front of you is the dashboard, so it really helps with maintaining your client records There is unit user management and firm capabilities also within the portal There’s a variety of features that based on the subscription model, so also if you take a moment to go to CPALoanPortal.com, you’ll see the breakout of features by the different models I will be going through the free model today so everything that you see is available without cost One of the biggest components of a subscription model under the CPA Loan Portal, is that you can get the agent fees that Erik mentioned One more area to quick talk about are the different values of using this CPA Loan Portal One is that it’s user friendly, I just have a few minutes to go through the portal and that’s all it will take to show the platform It’s also very quick Erik had mentioned earlier about the E-Tran and the API system with the SBA There is an opportunity to get your PPP loan approvals a little bit quicker Also, the portal is secure When you go to that main page, CPALoanPortal.com, there is some information about the security of the platform Finally, Biz2Credit is a direct funder, so they are approved by the SBA to make PPP loans and they are not an intermediary With that, I am going to jump on over to a live demo of the platform so we can stop talking about it and really see it in action Here we see the dashboard that I was talking about, I went ahead and logged in so we didn’t have to use any time for that You’ll see a summary of your portfolio here It talks a little bit about your clients This indicates the PPP forgiveness applications in process, that middle section Then off to the right, you’ll see the PPP applications that are in process as well As I scroll down, you’ll see that I have three different test clients established, and if I need to go and open one that’s already been established, I can click on the little button that indicates “Existing Client Applications” and then go over to the action to complete the PPP app

Now, I’ve pre-entered data, so no worries, no one has to see me type, but I did want to start at the beginning, so let’s look at this process from the first question that you’re asked The first question is if this is a first draw PPP loan or a second? Initially, let’s look at a first draw PPP loan Give that some time Let me try and refresh real quick Okay, I am having some very technical issues right now I don’t know if it’s the double of you being on the webinar and doing that, so this wasn’t tested I know in advance, I mean, the platform [inaudible] It is working So you’re having some type of unfortunately demo issue here Yes. So what I can do, let me just quickly describe the process So there are the two different segments Once you get through that loan portal through dashboard, excuse me, there are two different segments, you can go for the first draw or the second draw, and it will just walk through the demographics The first component of the portal, it’ll walk through the actual eligibility When you go through the eligibility, it’ll walk-through step-by-step the different questions and if the answer is given, that makes the borrower ineligible, you can’t proceed in the process So for example, I know the first question is if the business was in operation as of February 15th, 2020, and if the answer to that is no, the portal will pop up and say that due to the regulations, you’re not able to apply for a PPP loan and then the same level of integration is also included on second draw loans Any borrower, any eligible borrower, let me clarify, can apply for a second draw loan if they meet those requirements that Lisa mentioned earlier One of the areas that we received a lot of questions on is the gross receipts and the revenue reduction testing The portal will walk through the different options for those revenue reduction testing and it will help you check yourself and make sure that the borrower is actually eligible So that is a perk of the portal, is that it tries to simplify the process by giving you bite-sized pieces I think a lot of us are very PPP We’re drowning a little bit, there’s a lot of information, but the portal really takes it down to bite-size level So you have a screen by screen opportunity to enter the appropriate information. With that, Eric, I know everyone’s really excited to hear about ERC and unfortunately, the demo did not go as planned so we might as well turn to another hot topic Yeah. Let me just kind of give some wrapping comment here, but thanks, Kari What I can tell you is that, just whenever we had the multiple webinars to webinar kind of screens here that cause some type of login issue is that, every day we’re receiving reports on the amount of firms using it and the number of applications that are being uploaded and it’s significant It will be open tomorrow and what we’re doing here is we’ll be having regular updates on it that we’re sending out through the notices to all of the registered users and just the why on this The why behind what we’ve done here is that building capabilities for the firms is critically important That’s one of the primary missions of CPA.com and what we did in June of last year was decided that we knew that there will be a next round of relief and we wanted to take the AICPA calculators and build it into a platform, which would give more options and more capabilities to the firms and that’s what we’ve done One thing, we’re also looking to work with the lending institutes There are many lending institutes that are leveraging fintech platforms and we are open If there’s some local community bank in your town that wants to work with the firm and leverage a platform like this, we’re working on affiliate programs It’s really about us all working together to try to drive a common approach and to do this in the most efficient manner So that’s a little bit of additional background and with that, we’re still on track here with time Lisa, let’s move to the ERC discussion

Absolutely. I know this is another hot topic and lots of questions around this, so we’ve brought in Kris Esposito Kris is a director of tax policy and advocacy in our DC office and she and I have been really getting to know each other this last month especially as we talk about, not just the enhancement to ERC, but the interaction with PPP Because now with the Economic Aid Act, borrowers who took PPP are eligible for ERC and you’ve got new borrowers eligible for PPP who’d already taken ERC We’re having fun. This is a great All right, so Kris, let’s jump into it and learn a little more about ERC Okay. Thanks for having me, Liz and Eric Let’s talk about the Employee Retention Credit or ERC as we referred to it We’re going to cover a few basics So CARES Act created it and then the new law enhanced and extended it and the new law is the Taxpayer Certainty and Disaster Tax Relief Act of 2020, which was actually part of the Consolidated Appropriations Act of 2021 that was signed into law at the end of December Even the name is a mouthful I’m just going to focus on some high-level basics today, but I will be co-presenting on an AICPA webcast next Friday and we’re going to walk you through everything in detail, everything you would need to know about the credit, including if you’ve already filed for PPP loans or even the loan forgiveness So what is the ERC? Well, it’s a refundable payroll tax credit and it’s available to certain employers during the pandemic and when the CARES Act created it, they created the PPP loans and the ERC for the sole purpose of helping employers to retain employees on the payroll during the pandemic It’s all about really employee retention, and most folks, you’re all on the town hall, you are more familiar with the PPP loans because if the employer was eligible for the loan, then they went with that option since getting the loan actually put more money in to the employers pocket than the credit would have Before the most recent law was enacted, getting a loan or claiming the credit, it was really an either/or decision You could not take advantage of both in 2020 So, employers that received the loan, they didn’t give the credit a second thought and they really, they just didn’t need to. Who can take the credit? Basically, in a nutshell, there’s no limit on the number of employees that a company can have in order to take the credit, which is good Eligible employers include tax-exempt organizations and in 2021, they said, okay, some governmental entities are able to claim the credit There are two tests that an employer would have to meet to take the credit In these tests, you look at the wages paid in a calendar quarter in which either the business operations are fully or partially suspended due to a government order and government order is defined by the IRS and treasury in their FAQs or the business had a greater than 50 percent decline in gross receipts in a calendar quarter in 2020 compared to the same quarter in 2019 Now, there’s something new for 2021 and that percentage is only a 20 percent decline, so that’s actually taxpayer-friendly and we’ll talk about that in a little bit There’s a lot more to the credit, but those are the very basic principles and the IRS currently has close to a hundred FAQs on their website that explain who is eligible and how to calculate the credit based on the CARES Act But they have not yet updated their FAQs for the new law and we do expect them to do that very soon, next week, the week after, hopefully at the latest We can go to the next slide Let’s talk about some of the enhancements that the new law gave employers It allows more types of employers to take the credit and the credit actually increase But then this comes with more rules to know Originally an employer could claim the credit for wages paid at March 12th-December 31st of 2020 if they met those two tests we talked about Now the credit is extended through June 30th of 2021

The old rules will stay in place for 2020, but there are new rules for 2021 Then, as Lisa said, the showstopper in all of this was the PPP loan borrowers are now allowed to go back and see if they have qualified wages from March 13th to December 31st in 2020 and retroactively claim a credit for 2020 They can also claim in 2021 as long as they’re eligible But the kicker is you can’t use the same wages that you use for the PPP learn Let’s just table this for one second because we’re going to get into a bigger discussion on another slide Let’s just talk about some of these other enhancements As I said, certain governmental entities can now claim the credit Universities, colleges, certain medical facilities, and they couldn’t do that in 2020 But they can in 2021 Some of the other enhancements to the credit deal with the amount of qualified wages that an employer pays their employees Those translate into an increase in the maximum credit per employee, which in 2020 was $5,000 per employee, and in 2021, it’s $14,000 These are all taxpayer friendly enhancements and changes but they do come with some learning and there are some rules that the IRS and treasury are going to have to put out on that Now, let’s go to the next slide and get back to our big ticket item of PPP loan and ERC interplay Now that a PPP loan borrower can go back and take the credit for 2020 and also in 2021, they have to think about, well, but we can’t use the same wages for both That gets a little tricky because both the loans and the credit are based on wages PPP loans, they have to be spent primarily on payroll to be forgiven, and the credit is based on qualified wages In 2020, employers weren’t worrying about, oh, what do I have enough wages for both? Now we’re getting questions from PPP loan borrowers Well, do you think we’re going to have enough wages leftover to claim the credit? I think in most cases the answer is going to be yes But we’ve been hearing from members concerned about this wage issue, especially if clients may have already filed a PPP loan forgiveness application because they’ve actually reported wages on that forgiveness application In cases where an employer filed an application for the PPP loan forgiveness, they actually might have recorded wages in excess of the amount they may have needed for forgiveness because they just wanted that loan forgiveness They just wanted to say, “Okay, I have more than enough to get forgiveness for 100 percent of my loan.” That was all they worried about They didn’t worry about, well, let me save enough wages for this ERC credit that I didn’t know I could get They’re saying, “Can we claim a credit for the excess?” I’m just going to walk you through a quick example Say an employer received a million dollar PPP loan, and they filed a loan forgiveness application reporting a million and a half of payroll costs They reported more than enough wages for the entire loan to be forgiven obviously Now, when the employer goes back to look to see, are they eligible for the credit, they may wonder, well, can I put that extra 500,000 of wages toward the credit that I actually put on my loan forgiveness application? Because I really didn’t need it for forgiveness but I put it there because I just wanted to make sure I had gotten my 100 percent forgiveness There is no formal guidance on this yet But I’m on to honor tax advocacy team and we have a letter ready for submission to the IRS and treasury, it’s just gone through our final reviews That is actually on this particular point saying, hey, in this situation, we think that an employer should be permitted to claim the credit for any amount of that 500,000 of extra wages that are considered qualified wages for the credit, as long as they meet the other criteria to claim the credit I know, Lisa, you know that we’ve also added another scenario that our members have been concerned about They’re going to run into with their clients Say an employer received that same million dollar PPP loan, and they reported that same million and a half of payroll cost on the loan forgiveness application Again, that’s 500,000 more of wages than they need for the loan forgiveness But the employer is now saying, “Well, I also incurred 100,000 of rent expenses during the covered period,

but I didn’t report them on the loan forgiveness application because it was just easier to record the wages and I had more than enough wages to get my loan forgiven Why did I bother having to put utilities or rent or whatever?” In that situation, we addressed it in our letter as well, saying, “Well, the employer should be able to claim the credit for any qualified wages that are included in 600,000 of payroll cost.” It’s the 500,000 of additional wages The excess wages, they were reported on the PPP loan forgiveness application, and the 100 of rent expense, they could’ve used instead of some payroll on that form We’re not saying that we want these PPP loan forgiveness forms to have to be refilled or anything No, we’re just saying that if an employer is actually doing the calculation for their employee retention credit, that they just keep record of what wages they actually had that could support both the loan forgiveness and the credit No resubmitting of that But we do think that employers, because they didn’t know about this, but they were going to be able to take this credit, they shouldn’t be penalized They should be able to do both Kristin, just to give you a breath, that was quite an explanation, some great examples Basically, I summarizes, we’re going to work this out and we know there’s only one-third had been submitted for forgiveness, 1.3 million loans have been submitted for forgiveness Those are going to get refiled I can just tell you the practicality of that We’ll work it out with some other type of documentation done that you can build a file on, imply for the ERC and the tax executive committees doing great work here Then clearly, you’ll take this into account if you haven’t applied for forgiveness yet You can just make your life easier I think a lot more to come on this, and I know we’ve got even some webcast coming up I’ll let you continue [inaudible] at least once But I as I said, I’m confident that we will work this out and provide some good recommendations and direction on how to get this done If I’m done with the next slide, we’ll start teasing everybody Here’s where you’ll find Kristin’s webcast next week, and it’s going to be 75 minutes Employee retention credit starts to stop As Kris mentioned, we’re waiting on that guidance for how to layer the wages But Kris and her team are really working hard on the advocacy and efficiency aspect of allowing the borrowers who need those to be able to use them There’s so many questions, Kris on the ERC so I’m thankful that you’re here, and I’m just really looking forward to next week’s webcast Absolutely Thank you Thanks and we will be having more about ERC and PPP on future town halls Thanks, Kris, for that overview and we’re going to go into, we got lots of questions We’ve got lots of questions coming in Lisa and I will grab a couple But just one thing that we want to talk about is just continuing all of us to think about stepping back, 2021 plans, priorities, where you’re making the investments, client-focused I’m talking to some firms right now about applying focus around the PPP process You need to make intentional decisions on what you want to do with these different opportunities There’s lots of opportunities and lots of issues to address I see lots of good questions coming in. We continue One thing we’re going to do, we’ve got the AICPA SBA Resource Center We also have some materials that we are putting on CPA.com related to the CPA Loan Portal We also have some special dedicated already recorded overviews on some of these topics and particularly CPA Loan Portal that we just covered Lisa, is there anything that you want to comment on or maybe take a question that’s coming in? I think like usual, well over 1,000, we get close to 10,000 attendees here There’s a lot of good questions coming in One thing I hope everyone appreciated, is that we’re going to always now send out the top 7 or so questions with answers after our town hall We have this Town Hall Newsletter that we’re sending out. Lisa We got a question that is around whether or not we have sample engagement letters where the CPA is acting as an agent

Our friends at AON and CNA through the AICPA Member Insurance Program provided us those templates You’ll find them on our website at aicpa.org/sba You can go there to find that Someone’s questioning me on my math on how long an hour and a half is I’ll work on my math skills Lots of good questions about ERC Make sure if you aren’t getting the link through the slides, once you’ve downloaded those, you can find that on the AICPA store Great. It’s going to be a great session Lisa, with that, let’s just go back to the slides, talk about some of the available information that we have out there We’ve got there recorded AICPA Town Halls We will be publishing today’s town hall a little quicker It will be published later this early evening You can share that with others I think the opening portion we had high level about status of the lenders and then Lisa’s high-level overview You may want to share that with others in a good way to do it is to this AICPA TV archives Here’s the resource page which most of you are familiar with, aicpa.org/sba, which has a lot of the information that we’re covering today Another big announcement, tomorrow, January 15th at 10:00 AM, individual licensed CPAs will be able to apply and register for a .CPA domain We’re moving to general availability I know there’s a lot of interest on that You can find out information at domains.CPA if you’re an individualized and CPA like Lisa Simpson here, if she could go after Simpson.CPA Just lots of information there on that opportunity We now have a podcast available for the town halls It’s a very convenient way to listen to the town halls Here’s information on that Getting it through Apple, Google, or Spotify for those of you that leverage these podcasts platform Team did a lot of work in all of the archives are available on the Town Hall Twitter and LinkedIn, and social media is a great way for us to stay in touch with you Today, we brought to the latest information when we share things on our site or via the social channels It’s always the latest information. It’s very dynamic Even this week, we said we’d heard that all lenders would be open as of Friday, turned out that the SBA still doing it in a phased approach with 5,000 lenders What we do is we share the best available information with you on town halls and through these other channels, encourage you to leverage them They’re really helpful in times like this Here’s the plan, whereas we’re in the sprint weeks, this is a marathon, maybe a triathlon But we are in a sprint week and we’re going to have another town hall next Thursday January 21st Barry Melancon will be with us We’ll be providing some great perspective on how he’s seeing the strategies firms are putting in place and he’ll also comment on some of these major legislative items that we’ve been discussing in these programs Thank you very much for your time today Thank you, Lisa Thanks to everybody who’s helping us put this information together We look forward to seeing you next week Have a good weekend, it’s going to be a busy weekend, I think, for many of you We’ll be here supporting you, and really doing everything we can to help you support your clients as they move into this next phase of business release. Thank you very much Thanks, everyone Thank you for your participation You can now subscribe to the AICPA Town Hall Series on your favorite podcast platform, as well as watch archives on YouTube and AICPA TV Tune-in for live broadcasts, Thursdays at 3:00 PM Eastern Time

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The Gold Dollar | Llewellyn H. Rockwell, Jr.

you i would say that we’re fortunate to be living in these times for we’re seeing the unfolding of events long explained and predicted by the austrian tradition now maybe that sounds implausible what’s fortunate about our times the economy is tanking stocks have tumbled unemployment is rising Washington is pursuing the worst combination of economic policies since Hoover and Franklin Roosevelt wrote as the guy in charge now seem to have a clue about the limits of what government can do consider what it means however to live through our times in the light of economic understanding even in the face of calamity there is no mystery and hence fear is reduced you look at department stores going belly-up and you know why you see empty mall parking lots and you know the reason you see people losing their jobs and there is clarity concerning the cause you see depositors and failing banks lose some of their money and you’re not surprised prices behave in ways that shock and surprise everyone else but you know what’s what in many ways it’s like watching the movement of the planets with scientific knowledge provided by astronomy or preserving the effects of a plague with medical knowledge without that understanding the events look mysterious like a curse from the gods and their patterns appear random with the knowledge with the understanding we can make sense of the events patterns of cause and effect emerge you see events before they happen like turning the pages of a script before the movie catches up to you this gives you a sense of intellectual coherence and some inner peace even in the midst of calamity if you read what meeses wrote during the Great Depression in World War two you can see firmness of conviction and said fast calm even though the World War was going nuts intellectual clarity is the key to seeing the right things and doing the right things it is a matter of knowing the shape of things even before things take shape knowledge provides a means as well of curing the ill it provides a way out an answer that gives hope this is a major reason by people with an Austrian understanding in the midst of financial meltdown keep their wits about them yes it is frustrating beyond belief to see people in Washington spending trillions in a futile effort to repeal economic law it is sheer madness they are creating vast quantities of new dollars by means of the feds power even with evidence from the whole of human history the new money only waters down the value of the old and does nothing provide a long-term boost to the economy and rather only further distorts economic structures it’s like watching barbers bleed patients in the name of during them or bringing in the witch doctor to cast out demons from people who were sick but even if our knowledge of events cannot stop what people are doing for now it provides us with a sense of solace in the face of disaster we can keep our heads even as others around us act as if there’s have been cut off in order to understand events there is no substitute for doing what the media and indeed most economists refuse to do which is to look at the big picture and the long view over decades it is a matter of applying the rule that Henry Hazlitt brings home so clearly in economics in one lesson economics consists in looking at the effects of policies not only on one group but in all groups not only in the short run but in the long run from the long run point of view we observed an intriguing illustration of the Austrian warning against ever attempting to bail out an economy that is pushing towards recession in 2001 the economy wanted to

go under session but the government wouldn’t let it happen it was the first stimulus package of the new millennium consisting of vast new funding and vast money creation with the Fed driving down rates and keeping them at rock bottom if you look to just the short run it seems that this worked but looking at the long run we can see that the attempt to forestall recession only ended in creating a much greater disaster down the line something very similar happened in 1991 Clinton came to power and shorten the recession which only created another bubble and financials that broke and so on until we are where we are today arguably the last time that a recession was permitted to run its course appeared following the crack of boom at the end of the Carter years as a result of the inflation under richard nixon reagan came to power with Volcker at the Fed Volcker had been appointed by Carter Reagan doggedly refused to listen to the screaming and the crying from Congress and the press he held the line he let interest rates rise the federal funds rate was twenty percent prime was 21.5 percent in 1982 unemployment reached nearly eleven percent inflation however fell from 13.5 percent in 1980 three-point-two percent in 1983 if we include the SNL debacle this was a nearly total blowout and if Reagan had left it at that it would have been a model for how to deal with recession there was pain and suffering but wait it out and you have a fertile ground on which to build a solid prosperity sadly you also produce a firm financial footing that invites the government to abuse the system as Reagan did with record spending and record deficits if we want to look back even further to find better examples of how to handle recession we can look at 19 20 and 19 21 unless the government did the better long-term results Murray Rothbard zone dissertation on the panic of 1819 choses a pure case in which nothing was done to fix a problem what was notable about this panic is precisely that it never made it into the history books it didn’t because government didn’t make it worse in the months ahead where you’re going to witness more of these ridiculously futile attempts to patch up a failing economy and we’re going to pay a huge price this time it won’t be like 2001 or 1992 we’ll be lucky if it ends up like 1978 1982 more likely it’s going to be much worse and how much worse depends in part on just how stupid the Obama administration is going to be hard to imagine anybody worse than the Bush administration but we may find out we almost deal also with the possible death of the dollar many plans have been proposed through the years to restore a gold dollar and many have merit all these plans provide a means to go back to gold they’re not lacking in technical detail they are lacking in something that they can’t provide that is the political will to do the right thing they’re all premise Don an idea that our leaders might be interested in doing the right thing but the same people that would be in charge of implementing the reform are the very ones who got us into the mess it’s hard enough in the course of regular life find out anyone who admits an error and reverses course in politics it virtually never happens even in the case of egregiously immoral effects the political class persists in error because it is much more interested in saving itself that in Saving Society dito Holzman points out in his new book the ethics of money production that quote governments inflate the money supply because they gain revenue from the inflation unquote this is hardly a new insight Holzman quotes the 14th century Bishop Nicholas a resume as follows I’m of the opinion that the power of altering the coinage excuse me I’m I’m of the opinion that the main and final cause of why the prince pretends the power of altering the coinage is that the profit or gain which he can get from it it would otherwise be vain to make so many and so great changes besides the amount of the princes profit is necessarily that of the community’s loss the techniques are different today but the incentive and moral result are the same holzmann points to another change today’s princes quote have received absolution from the scientific authorities of our day prince is used to do their work in secret and be disgraced

when cod now they announced the policy as responsible statecraft that is consistent with the teachings of modern economics and The Economist stand ready to nod their heads in agreement in the face of this it is time to deal with political reality that no one in Washington except of course Ron Paul has any interest in whatsoever an orderly plan to restore some money and yet the problems of fiat money and financial collapse cannot go and address what’s more the institutions of fiat money are failing and this fact will be undeniably obvious to everyone in a matter of years we will look back on the end of the Bush administration as an economic disaster a capstone of many horrible years of foreign policy moved to domestic policy they will be disgraced as will be the new administration that pursues all the wrong measures as a response the new Messiah will face the same reality that the old one did no amount of bluster political will determined speeches and money flowing from the printing press can get around the problem of economic reality in an essay written at the end of his career and recently brought back to life by the musicians to do fa hayek discusses the only serious means of reform that is open to us of course we need to get rid of the central bank but money itself must be wholly untied from the state it must be restored as a private good privately produced for private markets government must have no role in all in monetary affairs money should be produced by private enterprise alone banks must exist only as free enterprise institutions with no privileges from the state Ron Paul outlined a similar program when he was running for president what strikes me is how these policies Accord precisely with what holzmann writes in his book the ethics of money production hurry ends with a call to end all intervention and Monetary Affairs coinage must be private banking must receive no privileges there should be no legal tender laws no guarantees no restrictions on currency use a fully Liz a fairer system what further striking about the Holzman and the Hayek and the Ron Paul idea is that they offer no plan for restoring a gold dollar it is not that any of them would disagree with the idea but all of them have fully confronted the reality that the idea of converting the existing fiat currency to sound money is essentially a nineteenth-century ideal that presupposes an enlightened class of political managers this condition is not met today so what is the means is the same as we propose in every area of national life yet the government out but the people be free to manage their own affairs stop interfering with commercial acts between consenting adults stop using violence to interfere with economic affairs but the people pursue mutually beneficial exchange based on their own self awareness and self assessment of the city advanced let property owners accept the risk and rewards for their own decisions it is the same with monetary policy and banking policy too but failing banks die but profitable banks live but the people choose any form of money but the people choose any means of payment that entrepreneurs create any form of financial instrument law applies only on the way it applies to all other human affairs punishing force and fraud otherwise the law should have nothing to do with it and what would be the result well we can actually cannot know for sure but history can be a guide in our speculation throughout all time and in all places precious metals have emerged as the foundation of the monetary system I think we can have every expectation that the same would be true today evidence comes from how many people turn to gold and difficult times as a store of value a safe house from the machinations of government gold is probably destined to be the foundation of any new free market monetary system to this extent and with this expectation all believers in Liberty can consider themselves advocates of the gold standard but we have to be careful with this phrase it’s identified with a particular set of policies associated again with 19th century practice it was a policy choice among many that some favored and some opposed a free market monetary system of the future will not be a policy option in this sense it is not something we want the government to adopt as its own in fact we don’t want the government to adopt any particular

policy but rather abandon the policy option altogether there should be no policy at all in the sense that this word is routinely used today in this way a path forward and money in banking is no different from the path forward in agriculture labor health care education or any other sector the right policy is no policy the job of the government is to stop interfering all together now I’m aware that this is a big intellectual leap for most everyone these days but you only need to consider the myriad ways in which government fails at everything at attempts whereas the market succeeds there is nothing about the structure of the universe that confers upon money in banking any special status that requires the government to regulate it the serve is the lender of last resort the marker of money the guarantor of stability or anything else a free market on money would work the same as a free market in anything else what about making the case for freedom it’s not easy these days or consider what we are asking we’re not asking the president to do anything we’re not asking for Congress to intervene with a plan no one is demanding that the Fed adopt this policy as versus that policy all we are asking they not intervene in the attempts by the market to fix the problems they have created that the central bank and the executive department have fastened upon us just imagine what would happen if legal tender laws were repealed and the government stopped intervention in the market for money virtually overnight we would see the appearance of hundreds if not thousands of new payment systems and alternative monies online merchants would be free to accept any means of payment there would be intense competition among them some would be foreign currencies like the euro some would be new currencies based on existing commodities such as gold and silver I’m certain that we would even see a period of wild experimentation take place for the market settle back down into a standard system that would be famed for its reliability and stability and honesty would we be able to endure the process of discovery of course we do this every day with our shopping online in searches for good providers of services and products in the physical world and our habits and how to invest our money the market is a process of trial and error one that never stops innovating and changing we see every day on the world wide web of this process of creation and change create the right balance between chaos and order experimentation and standardization this would happen in the field of money too in fact it might have happened already had the feds not intervened to stop the rise of alternative payment systems Walmart might have already entered the banking sector we might have a wide variety of currencies available to us Google might have created its own currency based on the number on a number of goods we might have more elaborate use of barter in the online world taking place and that barter solely converting itself into currency might be based on who knows google add points paypal dollars some other currency at a free market in money been a proponent permitted to develop over the last ten years we would have an option today as it is we’re being forced to stay within a falling dollar system what we’ve been hearing from Washington is that the economy in this country will be patched up by sheer force of will if we have hope and work together everything is possible there was only one thing standing in the way of this wish it’s called economics economic reality is more than a brick wall it’s like the sea or the world’s tallest mountain or like the force of gravity itself economics forces economic forces pay no attention to the wishes of charismatic leaders and their thong throngs of adoring followers wherever there is a kernel of truth in the added that the force of will can make a difference transfer this hope and that will outside the institutions of government and into the free market let experimentation and innovation begin take place under conditions of freedom we will begin to see the emergence of an answer we need the government merely to let the market be free of political violence we will begin to see our way out of this mess the government today is marshaling every resource and every means at its disposal to prop up a failing system of the past meanwhile we live in completely new times these new times are characterized by an international division of labor global capital flows digital information delivery and the slow but systematic destruction of the establishment in

media banking and finance what is emerging to replace them something that no government on the planet can stop Marcus will not be crushed and they will resist control as never before these times these new times are not the 1930s when a few eggheads in Washington could set in most prices and wages and gather the captains of industry to cobble together business cartels the economic and financial world moves at the speed of light in a soda use that no political authority and act quickly enough to control it the establishment is going down this is another reason that all this is another reason that all believers in freedom have reason to rejoice today in 12 to 18 months from now will be obvious there is nothing the new administration can do to patch things up Obama will be humbled before the market just as Bush and Clinton were before him but this time the humbling will overwhelm any attempt to patch things up or put a spin on the much-needed upheaval yes there is suffering thanks to what the Federal Reserve and its allies have done to us in past years but as a student of the Austrian school and a student of the history of Liberty you have the confidence and the clarity to see that freedom alone provides the answers it is time for calm in the face of the storm but advocates of freedom be steadfast rational clear and focused on the long term we have good cheer and snot never stop pointing out the truth about freedom the answer is not the left or the right nor the state the way out of this mess is freedom it is time we defer to it and to the revolution in the status quo that freedom implies and give up pretending as if any politician is going to be able to stop it

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Fiesta del Baustismo del Señor -Domingo 7 de enero de 2018 – 11:00 AM

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antes

no a 32 [Música] [Música]

hola [Música] todos [Música] con otros [Música] 2 [Música] 2 [Música] pues [Música] 2 [Música] abre tu corazón abre tu corazón me sirve esta decisión abre tu corazón corazón abre tu corazón [Música] en el nombre del padre en el hijo y del espíritu santo amén el dios de la verdad de la paz y de la esperanza esté con ustedes muy buenos días a todos ya todas y un saludo muy especial a todas las personas que se unen a nosotros a través de las redes de la internet hoy concluimos el ciclo de navidad con la festividad del bautismo de nuestro señor jesucristo es una festividad un poquito anacrónica porque dejamos a cristo prácticamente en el pesebre y ahí lo vemos a los 30 años después el comienzo de su vida pública pero acordémonos siempre que no estamos siguiendo el calendario al pie de la letra celo un calendario litúrgico que quiere llevarnos a otra conclusión el calendario civil tiene su propósito el calendario litúrgico tiene otro propósito nosotros como cristianos católicos vivimos con el calendario civil pero debemos de vivir el calendario litúrgico porque es el que nos está llevando con un propósito a un fin en particular que es crecer cada día más en cristo y por eso la liturgia de hoy que una liturgia muy linda muy hermosa y que uno entiende porque se concluye con el bautismo del señor tiene que ver con una palabra misión misión compromiso en la misión y yo le pido verdad y hago estos prólogos pues buenas personas llega un poco tarde y hay que hacer un esfuerzo en este año de llegar temprano a misa y no digo que llegue cuando yo esté entrando yo diría si somos conscientes y conocemos un poquito cómo esto funciona que es la cabeza usted no puede es

imposible aunque usted sea una persona brillante sumamente desarrollada espiritualmente usted necesitan más de cuatro minutos para poder caer en tiempos es que es calvo natural igual que alguna gente que se pone a hablar no puedes es que no puede no vas a poder por eso antiguamente antiguamente en la iglesia cuando todo en el latín pero no todo porque fuera la tenga era malo por la empresa no no no la gente sabía muchas veces lo que estaba haciendo y la gente tenía que tener un misal y si ustedes algunos tienen algún misal antiguo se acuerda que el misal tenía oraciones antes de la misa oraciones antes de la comunión oraciones para después de la comunión y oraciones después de la misa nadie salía por él como alma que lleva el la gente seca pero tuve que las iglesias la gente seca porque estaba dando gracias meditando nosotros hemos hecho algunas cosas que no nos convienen de su vida ellos se les respetó pero llegando a misa tarde no puede no puede yo creo que cuando usted caiga en tiempo ya estamos terminando porque esta cabeza esto no es un switch de led de puerta es chicha chicha no no para calmarme para tocar en tiempo diez minutos le sobra a una persona brillante y la gente normal mente media hora para usted como dice por ahí relajarse caer en tiempo por eso les invito a que hagan un esfuerzo y planifique su domingo el domingo se planifica alrededor de la misa o sea gente que va a las 7 de la noche o sea a la una de la tarde al aula de la tanita está almorzando con su familia a las 7 de la noche y usted está preparándose para acostarse siete de la noche ocho de la noche por cuatro horas los lunes antiguamente pero luego todo lo antiguo no es malo la gente lo primero que hacía era ir a misa en estos mundos viendo a mi salga ahora no ahora hay algo más yo soy cristiano católico para mí el domingo es el día del señor que yo celebro en familia no es el día de la familia extendida de dios que yo celebro en familia y coja mis niños los visto bonitos negros vestimos vamos a misa y me pregunto si la gente ir a misa es un gran acontecimiento digo esto porque estamos empezando el año y hoy la palabra clave es la misión misión y vamos a pedirle a dios que nos dé sentido de misión en la vida cristo viene como una admisión del pesebre a la cruz esa es su misión así que ponemos sobre esta sagrada mesa nuestra misión y cuál es nuestra misión y dar a conocer a cristo con lo que yo hago por lo que yo hablo y con lo que yo pienso de pensamiento palabra obra yo me sé que es que esto está hecho tan perfecto y de ahí viene mi acto de contricción poco y no pensé como él o no hable como el cuento soy no lo di a conocer hoy no mi misión no fue una misión buena pero hay día que dice hoy que puedo estar tranquilo porque hoy realicé mi misión así que vamos a comenzar esta santa misa en el bautismo del señor terminando concluyendo el ciclo de navidad reconociendo nuestros pecados y pidiéndole perdón a dios y decimos yo confieso ante dios todopoderoso que ante ustedes hermanos que he pecado mucho de pensamiento palabra obra y omisión por mi culpa por mi culpa por mi gran culpa por eso ruego a santamaría siempre virgen a los ángeles a los santos y a ustedes hermanos que intercedan por mí ante dios nuestro señor dios todopoderoso tenga misericordia de nosotros perdona nuestros pecados y nos lleve a la vida eterna [Música]

piedad de edad señor ten piedad director de tu pueblo señor gritos de piedad piedad cristo te quedás de todos los pueblos cristo te quiera señor de piedad señor ten piedad de todo tu pueblo señor de piedad de todo tu pueblo señor ten piedad [Música] gloria a dios en las alturas tierra paz para las almas dura de buena voluntad de adiós de las alturas y en la tierra para a las almas puras de buena forma no te bendecimos señor te adoramos por tim esta gloria gracias te damos hoy te bendecimos señor te adoramos fuerte en esta gloria gracias edad gloria a dios en la altura de la pierna para a las alturas desde las alturas de la tierra para a las almas duras con cielos al padre poderoso que azulito por eso lo que anhelo cielo al padre poderoso y a su hijo amigo no negociamos gloria a dios en las alturas y en la tierra paz a las almas puras de buena voluntad gloria a dios en las alturas de la tierra paz a las almas duras de buena voluntad más de santo tú solo altísimo con el santo espíritu señor jesucristo no tanto máximo lo que es a su espíritu sr gloria a dios en las alturas y en la tierra paz a las almas duras pone a dios en las alturas y en la tierra paz a las almas puras buenas a las almas puras [Música] oremos dios nuestro tu hijo unigénito se ha manifestado de la realidad de nuestra carne concédenos que él nos transforme interiormente ya que lo reconocemos semejante a nosotros en su humanidad el que vive y reina contigo en la unidad del espíritu santo y es dios por los siglos de los siglos la primera lectura está tomada del profeta isaías esta lectura del profeta isaías es el primer canto del siervo de yahvé llamado por dios y formado por él para traer la justicia a las naciones es humilde pero lleno de fortaleza él es el preferido de dios y ungido por el espíritu santo escuchemos lectura del libro de isaías así dice el señor mirad a mi siervo a quien sostengo me he elegido a quien prefiero sobre él he puesto mi espíritu para que traiga el

derecho a las naciones no gritara no clamar a nuevo se hará por las calles la caña cascada no la quebrará el pabilo vacilante no lo apagará promoverá fielmente el derecho no vacilará ni se quebrará hasta implantar el derecho en la tierra y sus leyes que esperan las islas yo el señor he llamado con justicia he cogido de la mano este formado y te he hecho alianza de un pueblo luz de las naciones para que abra los ojos de los ciegos saques a los cautivos de la prisión y de la mazmorra a los que habitan las tinieblas palabra de dios [Música] el señor bendice a su pueblo y la paz [Música] señor bendice a su pueblo [Música] hijos de dios aclamado el señor aquí la más gloria del nombre la gloria del nombre d señor 2los ante el señor [Música] frío sangrados postrados ante entre dios [Música] grados el señor de sus pueblos no no el señor de ser a sus pueblos [Música] la voz del señor sobre las aguas señor sobre las aguas sólo en cibeles la voz del señor 3 la voz el señor potentes en la voz del señor es magnífica la voz del señor es magnífica este año o sea sus pueblos 2 ah te enseño no quise a su pueblo [Música] o no el dios de la gloria atronador en su templo gritó una nivel dios [Música] floris señor pues bien está por encima por en sí en el aguacero el señor te siento como el señor si sea su pueblo no no as el señor bendice a su pueblo [Música] la segunda lectura a doma del libro de los hechos de los apóstoles sampedro resume la enseñanza fundamental sobre cristo quien fue bautizado y ungido por dios con la fuerza del espíritu santo por eso cristo tuvo el poder de proclamar el reino de dios y de curar a

los enfermos porque dios estaba con él escuchemos lectura del libro de los hechos de los apóstoles en aquellos días pedro tomó la palabra y dijo está claro que dios no hace distinciones acepta al que lo teme y practica la justicia sea de la nación que sea envió su palabra a los israelitas anunciando la paz que traería jesucristo el señor de todos conocéis lo que sucedió en el país de los judíos cuando juan predicaba el bautismo aunque la cosa empezó en galilea me refiero a jesús de nazaret ungido por dios con la fuerza del espíritu santo que pasó haciendo el bien y curando a los oprimidos por el porque dios estaba con él palabra de dios te haga vamos [Música] el santo evangelio según san marco el evangelio nos presenta dos escenas juan el bautista anunciando el pueblo que él no es el mesías y cristo en oración después de su primer bautismo hay una voz que se oye desde el cielo presentando a jesús como el hijo amado y el mesías esperado hermanos nos ponemos de pie para recitar la aclamación antes del evangelio y escuchar las palabras del mismo [Música] aleluya ya palabras medios aleluya aleluya ya palabra medios aleluya se abrió el cielo y se oyó la voz del padre este es mi hijo amado escucharlo señores ya aleluya palabras medios aleluya aleluya palabras medios aleluya esto más [Música] aleluya aleluya la palabra de dios aleluya ya está más dirección [Música] el señor esté con ustedes [Música] tú proclamación del santo evangelio según san marcos y triste esta santa para que esté mi mente mi boca en mi corazón en el tiempo no han predicaba diciendo ya viene detrás de mí uno que es más poderoso que yo uno ante que no merezco ni siquiera inclinarme para desatar las correas de sus sandalias yo los he

bautizado a ustedes con agua pero él los bautizará con el espíritu santo por esos días vino jesús de nazaret de galilea y fue bautizado por un juan en el jordán al salir jesús del agua y yo de los cielos se rasgaban y que el espíritu en figura de paloma descendía sobre el yo yo entonces una voz del cielo que decía tú eres mi hijo amado yo tengo en ti mis complacencias palabra del señor [Música] notas [Música] hola no no más [Música] y as [Música] tomen asiento por favor al principio de la santa misa por más o menos yo les di una pequeña ambientación para que usted pudiera como digo yo sazonar la misa no esto toda la vida tiene una relación muy práctica si usted come un pedazo de carne de la nevera ahora por la mañana la mete en el micro web para descongelar lo y lo pone en el sartén a que sabe a hielo seco al hielo viejo ahora si usted la dejó anoche en sazón goya porque si hago ya tiene que ser bueno y la dejó con su naranja agria con su vino tinto por su cosa y le puso una buena sazonada esta mañana esta tarde cuando lo cocine sabe a gloria si usted llegó a misa ahora mismo la misa le va a saber a hielo seco porque no ha sonado a la misa y se los tengo que sí porque es una cosa que me debe decírselo yo sé que las cosas han cambiado no creo que todo ha cambiado para bien hay cosas que han cambiado para bien por eso es que después de la primera lectura si usted llegaba tarde usted tenía que quedarse para la próxima porque no era válida desean la iglesia todo eso como que se ha relajado hay gente que llega tardísimo y es que es muy difícil para usted porque primeramente tengo que volver a repetirlo porque es que es mi deber el rito penitencial de la misa con que se abre la misa es muy importante porque todos los pecados veniales que hayamos cometido durante la semana que no son pecados mortales pero afean el alma no nos ayuda se perdonan con ese es ese ese rito penitencial usted se lo comió y no hablemos si la primera segunda lectura de entre sus tres de qué se trata la misa y le digo vuelvo al mundo porque es que el mundo muchas veces están mucho más claro que nosotros quedan aquí en puerto rico porque somos como somos y somos latinos y somos muy desordenados pero si usted va a un teatro formal sean eeuu el muro pero en europa son super street o si usted llega un minuto y está la puerta cerrada usted no entra no importa lo que tú hayas pagado a mí me pasó me pasó en nueva york yo había ido el metropolitan opera y me acuerdo que había una ópera que todavía quería ver que era don carlo de verdi y llegué dos minutos dos minutos y habían cerrar pero la orquesta y te ponen unos bausen son como un avance de eso de discoteca y l sea pero también se hagan hay pico o sea no sabe lo que hicieron nos mandaron un salón a verlo por un televisor grande hasta que se terminara el primer acto es algo que es para lo que yo para qué

para qué para verlo en un televisor ya se envié porque tú te has sentado y esta gente lo van a ver aquí una cantidad la llegad era tanto si yo estoy ahí y pasa solamente pasa menganito y además la orquesta los artistas todo por no planificar puede ser que un día usted tenga una condena pero hay gente aquí persona aquello el matrimonio que siempre llega tarde y usted seguro que si fuera una cita con el gobernador o con su activa usted no llega tarde y hago este paréntesis porque que hay que esa zona la celebración es igual que la gente se levanta y sale y vuelve mire a los que ustedes tienen problemas prostáticos o sea mayor monólogo pero que no podemos porque no estamos accionando la la eucaristía y hacer mucha falta para que usted entienda porque venimos que salga con algo que tenga sustancia porque yo veo que los católicos tengo que escucharme un montón de gente dice ahora yo soy evangélico y ahora hay objetos puede que yo iba a la misa pero no papito era muy aburrida no quiere aburrido en usted la miss anna aburrida lo que usted tiene que sazonar la coge su tiempo llegan tempranito de las lecturas antes para usted poder sacar los mayores porque usted está aquí para sacar algo de esto yo no porque esta es mi segunda misa hoy pero a mí me encanta celebran misas a mí me fascina porque yo entiendo lo que estoy haciendo yo quiero que sepas que antes de yo venía a celebrar misas ya yo había leído las lecturas yo tengo mi libro de magnífica yo rezo por la mañana para que voy a venir aquí hablarle baba no yo tengo que tener paladar y le digo esto con mucho cariño y mucho respeto pero hay gente que llega muy tarde y vuelvo a repetir un día el niño se hizo caca cuando salía lo que pero siempre aquí hay algo que no funciona y se lo dejo ahí porque estamos comenzando el año comience lo bien pero puede ser un hábito de llegar siempre tarde ni aquí ni a nada que a mí me revienta cada vez que me dices no es hora americana no no te me perdonan ni americana de la alemana ahora responsable ahora y responsable yo no llego tarde a ningún lado a mí no me gusta llegar tarde a los lugares y si no usted tiene el grillete llame hay gente que llega tardísimo y no hay nada porque piensas a fama y una fama malísima fulano na actualidade siempre se los digo porque hay que ser responsable en la vida porque tu tiempo tiene el mismo valor que el mío así que te llega a estar yo tengo que aguantar que tengas claro porque te da la gana porque vuelvo a repetir por tercera vez es por láminas integrarse no me entiende un día de un problema de kart pero siempre es que usted tiene una indisciplina en su vida que la tienes para el prójimo y la tienes para mí y una persona que no tenga disciplina ni con dios que un mentor próximo una persona indisciplinada cierre paréntesis que viene muy a tono con lo que estamos celebrando hoy la iglesia cierra el ciclo de navidad piense que ya no hay adornos por ningún lado y quiero agradecerles a viviana ya su equipo porque no aquí hasta las 2 de la mañana quitando todo porque yo les he dicho muchas veces que la iglesia tiene su idioma un idioma que habla en colores los colores habla con signos habla con palabras habla con gestos y si usted entiende los gestos los signos los colores las expresiones usted saca muchísimo de esto por eso ayer litúrgicamente quitamos todos los adornos de navidad porque ya la música de navidad ya no existe me encantaron alegre vengo para de donde trabaja porque al griego y eso se acabó ya no hay más nada y cerramos el nacimiento hay hacer como que hay que quitar muchas cosas pero se cerraron las cortinas ya se acabó el tiempo de nadie se acabó que va a durar mucho ahora entramos en el domingo que viene vamos a ver de y el tiempo ordinario va a comenzar y va a durar muy poquito porque el 14 de febrero que es a la cuaresma y van a ver como en pies otro color ya empiezan otras expresiones y se quita el gloria volvió gloria dice que todo y si usted entiende su fe católica usted la va a disfrutar más lo que después se va para la iglesia tal no porque ahora es que encontré a cristo lo secreto es lo que pasa que tú estabas en cristo estaba aquí y pronto nunca

tenía las ganas de encontrarte con él y los que tienen niños vengan temprano porque los niños se tienen que acostumbrar temprano que los primeros que usted hace el domingo vístete que vamos a misa usted no sabe lo que usted está sembrando si usted llega tarde está acostumbrando al niño llega tarde amén pues bueno en la la el bautismo del señor concluye con una palabra misión jesucristo es bautizado en el jordán para llevar a cabo una misión no es una cosa bonita no vino aquí a agraciar el mundo no es viene con una misión una misión de la cual varía va tomando conciencia por eso es que la iglesia modela su vida que la vida de jesús a mí me gustó mucho yo creo que se le recomendé creo que la venden a que la pequeña flor si no me equivoco que se llama el pequeño mesías de de jong mesa ya me gustó mucho no sé de dónde pues la persona que la hizo no se será cristiano católico cristiano católico pero la persona era muy cristiana y se tomó el tiempo de estudiar las escrituras porque porque mucha gente cree que cuando cristo nació ya los 56 años a cristo sabía que era dios no cristo va tomando conciencia de que es dios por eso que dice que después que se pierde en el templo regreso a su casa se sometió a sus papás se sometió a su papá escrito que era dio se sometió a su ajo se llamaría y crecía en ciencia y sabiduría crecía sea que no la tenía desde el principio completa y en esta película vemos como jesús como josé y maría lo están ayudando para que él tome conciencia de quién es y cuál es su misión entonces ahora yo hago una pregunta usted sabe quién es usted cuál es su misión porque por lo que uno puede ver yo creo que mucha gente que no lo entiende y entonces venimos con esta estamos con caminado como un mundo que nos ha metido en la mente un montón de cosas que no es nuestra misión y tuve que entonces no mi misión es ser feliz am sorry to tell you que esa no es su misión y que pasa cuando usted no es feliz usted no tiene emisiones es feliz cuál es mi misión en esta vida salem en mi secuela en mi misión la tuya la mía la del seco que la cual en nuestra misión ganando la vida eterna vamos bien tania maría de fátima cuál es tu misión el nombre combos y ximo no se votó tratar de encontrar a cristo más o menos joaquín cuál es nuestra misión la misión tu viaje no hermano nuestra misión será decir que está riéndote cuál es tu misión si ese instituto muy bien nuestra misión es dar a conocer a cristo con lo que digo todo lo que pienso y por lo que soy levante la mano que está ahí es la misión no hay otra por eso estudia de médicos para a través como médico refleje a cristo y tú eres hombre de casa para con tu trabajo ese mi misión que yo donde yo quiera que esté yo lo proyecte y fíjense como hemos hecho esto no solo hemos reducido esto ser gente buena pero que yo conozco gente buena en el mundo que no creen en la madre que lo parió y no son cristianos yo creo con este muy buena que hace caridades de dinero bajar a áfrica pero no soy cristiano pero queremos que la xunta gente buena gente no se siente musulmana gente atea que son gente muy buena pero esa no es nuestra misión no será nuestra misión no ser gente buena nuestra en nuestras misiones porque somos gente buena proyecta le al mundo que cristo está vivo y vive en mí esa es mi misión pero qué pasa que la misión la hemos ido reduciendo reduciéndose nosotros cada día nuestros

nuestros círculos más pequeñitos más pequeñitos más pequeñitos claro yo entiendo que yo no tengo misión porque mi visión de cristo no está clara todavía porque parece que la misión se produce misión y que la misión es fruto de una visión qué fue lo que decía que el hecho de la historia de la gran hellen keller que era de la no vidente y entonces pues una vida muy linda porque ya era no vidente era sordomuda la estaban creo es una obra de teatro que yo no creo que ya la presente para el tiempo que este mundo pero en unas obras que yo siempre he querido de hecho hay un amigo muy querido no es amigo es una persona conocida muy versado en mundo delante de ese alma carbonell que el presidente de una publicidad de público para todo y siempre me dice padres cuando usted va dice ese lado hay una obra que se llama el marco work trabajador milagroso que es la vida de helen keller se pare esa obra está hecha para pies vi cuando usted la va presentando un día de esto bueno creo que ese día pero bueno ahí está una obra muy linda quizás creo que fue la segunda obra que yo vi en mi vida que la vida de helen keller es una mujer que la tenía una gente rica la gente muy rica bueno muy rica no pero eran rica vivía en el sur de eeuu y helen que él sale y sale sordomuda totalmente lee con un impedimento y la familia con esos amores enfermizo porque ella estaba imposibilitada la dejaban hacer lo que quería y era una salvaje está una sal bajita comía con las manos tenía tan truck entonces ellos encuentran porque la mamá era una mamá sadesa buscando cómo ayudar a su hijo como en cualquiera mamá y entonces se encuentran con que hay una maestra recién graduada que tenía conocía algunos terapias y la trae que es ann sullivan and sullivan y entonces la trae y pues la invitaron a comer y en que aquella comida lo que tenía ayer una salvaje entonces ella la para que parase aceptado el puesto y él le dijo bueno yo acepté puesto con una condición cada gente tenía dinero y tenía como una casa de muñecas que no era ninguna casa muñeca sería hoy bajo – un apartamento particular pero la niña era como era una casa ese yo quiero que ustedes me den me den un mes con ellas para vivir aquí y no los quiero ver ni por las ventanas y si oyen gritos de gemela entonces ella se la lleva que yo fue la obra es muy buena y en escena la obra que hay que tener una niña que te una línea por eso no es fácil de poner y yo la había en eeuu se extiene semillas era una tremenda actriz pobre un momento en que ya esto se está comiendo tipo con flex y se la actitud hasta por el pelo corre con flay perdía la va poniendo la vara va tomando porque él un animalito y entonces saca de esa niña a helen keller y entonces después saber que helen que le viaja escribo libro y todo y es una de las conferencias de prensa que hay eligieron a helen que él es un periodista le preguntó señora keller en no ver es desagradable es difícil o sea tiene un sentido del humor lo desarrolló dice nada el no ver unos acostumbras lo malo de la vida es no tener visión hay mucha gente que ve pero no tiene visión por eso la vida es un desastre y hay gente que ciega y tiene una visión de ello cuando éste no tiene vista usted desarrolla otros sentidos es pues que la gente está ciega sabe que dentro y usted lo matan en el carro en la cara sea aquella alguien porque desarrolla extraordinariamente en dos sentidos nosotros los cristianos por la gracia del espíritu santo que hemos recibido desarrollamos unos sentidos para poder llevar a cabo nuestra misión por eso nosotros sabemos lo que nos conviene lo que no nos conviene lo que es de dios lo que es de dios no tenemos una ventanita esade bórmida que es impresionante pero no lo ha desarrollado y por eso hacemos decisiones que no son de dios pero que pasa que estamos contaminados por un mundo que dice cuál es mi misión ser feliz pero venga acá yo te pregunto a ti tú puedes el philips indio tú puedes él felipe en pecado mortal y si hay gente que es tan cierto como es posible

pero la visión y yo quisiera ver a las personas que la iglesia hoy van a la iglesia están viviendo el pecado yo no entiendo sea como tú ves para adentro o sea como yo me veo porque si yo estoy en pecado mortal en marún yo tengo que hablar de usted yo no sé si ustedes a mí estas cosas pues yo soy muy cuidadosa mí no me gusta meter miedo cosas así pero hay una gran que tomo uno lo ha visto de hecho de una familia con avn el señor al otro en un sueño pero por aquí me me habló de eso se llama la doctora polo famosa doctora polo que me ha dicho que pueda no la traigo a puerto rico no esas cosas menos me gustan mucho pero bueno el actor a polo porque le caiga un rayo encima que no sé cuánto y ya dice que ya había purgatorio vio el infierno vio terrible cuando te lo presenta y cuando el camino tiene que santa bernardita los videntes de fátima vieron el infierno especialmente esa cinta que pobrecita una niñita y seca que yo era horrible la figura los demonios aquello y usted pecados mortales cada mes y la cantidad de gente que está viviendo el pecado mortal usted nos está viendo cuál es su visión de la visión del penal porque se había quien me dice que tú y yo nos pongamos a vivir juntos cuando son felices pero yo tú te digo a ti tú eres al infierno yo no puse feliz en un momento y llamamos hacer un sacrificio para nosotros negarnos porque es mejor vivir infeliz aquí y vivir condenando toda la eternidad quien dice amén no está en el aviso porque la visión de ella fuera el ambiente de esos ambientes seguro tú no ve que como él no puede no quiere que nadie quiera olvídate de eso esta escritura que tomamos una api tweet a tu mamá lo que pasa que te parió no quieres que tú te condene pero no estamos oyendo a nadie cuál es su visión de la eternidad porque para tal parece que la gente no ha leído la escritura y escritos bien claro en estos cristo buenos misericordiosos pero cristo dice que cuando lleguen gloria les pondrá uno a la derecha y otro a la izquierda y los de la izquierda como izquierdosos al fin terminan mal cuál es su visión de la caridad del prójimo que aquí la gente problema es mis amiguitos no no no no el prójimo es toda aquella persona que yo pues que necesita ayuda yo puedo ayudar todos los días próximos sales pero que estoy tan metido en mi pequeñito mundo que no los veo cuál es su misión en esta vida porque todos tenemos la misma no lo hacemos de la misma manera pero todo todo el mundo aquí está como misión en pleno camino en plena función de llevar almas a cristo los obispos de américa latina hace 10 años pero se han enterado por eso no se lo hemos dicho se reunieron en aparecida en brasil la famosa conferencia de obispos de américa latina se reúne al obispo américa latina cada 10 años son las cinco grandes conferencias que la primera fue el río de janeiro la segunda fue en medellín puebla santo domingo y aquí apareció a las cinco grandes conferencia del episcopado latinoamericano las más famosas son la de medellín y la de puebla el al santo domingo fue entonces los obispo de los grados amor retiro para otra vez para que esa conferencia fue un poco caliente porque los vivos es para que vamos para lo mismo de siempre y ésa fue la de benedicto 16 y ahí metieron caña y dijeron un momentito estamos perdiendo américa latina y entonces sabe lo que idearon la misión permanente misión permanente es algo que significa que no se va a acabar y con la ambición permanente llevar a américa latina a un encuentro con el cristo vivo no hemos logrado yo no sé mira venezuela mira méxico mira colombia mira santo domingo la misión permanente de la iglesia ser misionera ahora resulta de cada vez que hablamos de misión no los negritos de la áfrica los indios del amazonas que indios del amazonas señores si puerto rico necesita quizás más misión que la amazona en su vacas en su familia hace falta visión porque tu hermano está en pecado tu hermana está en pecado tu padre también que emisión si la tienes en tu casa y nos veremos lavado las manos porque

todo es permitido hoy en día permitido que y cada día esto es manga ancha manga ancha manga ancha se los dije ayer epifanía yo estoy insultado por la cocacola insultado con la cocacola con el anuncio se enoja metió en los cines su gran vergüenza la familia puertorriqueña quien no ha visto el anuncio que no sabe de qué yo estoy hablando apoyo sólo va a decir para que ustedes para que escriban para que no tomen cocacola resulta que es poseerlo tú no lo has visto tú qué sabes de todo pues estás fuera de tiempo entiende porque tienen una hija no te rías eso es muy prueba para que ustedes vean cómo es el subconsciente porque esto está pensado hermano cuando usted va al cine pone en 1515 anuncios pero hay uno que es el primero en que paga menos y el que paga más oigan esto oye el anuncio más caro es el último por qué porque usted ha dicho tanto anuncio con que se queda con el último después de poca cola a veces yo digo ahora viera la película salvia y como esto los algo podía pusieran uso poco a puerta es claro porque de coca-cola españa caribbean presenta y ahora resulta ellos se pretendían anuncios de familia de el loco de santaclós de esa cosa pero eran anuncios de familia de del prójimo ahora resulta que el último que por cierto hasta está fuera de tiempo porque lo estamos congelando y aparece este match a rne limpiando una piscina que suban use para verano no lo pusieron ahora es un mucho un macho se habrá dio todo el dinero que le dieran para quitarse la camisa entonces esto se le está limpiando una piscina se le está dios está sorteando el sudor entonces se ve al hermanita pues son una familia muy disfuncional la hermanita que se ve que es una bala perdida ya tú la vez con los penes ssc y entonces la cámara no están diciendo en a tú lo ves pasa se valen más y ahora entonces va para el segundo piso está el hermanito en la ventana así viviendo el macho al hombre y entonces como lo ven sudando la gota gorda los dos salen para la nevera a buscar una cocacola para llevársela no porque está sediento sino pa para ver para dónde ti para el hombre entonces como lo estaban agarrando la botella los dos tratan de llegar primero agravándose el uno al otro uno le pone traspiés haciéndose daño le quita la alfombra para que a ver quién llega primero qué hasta que los dos llegan ya y cuando llega con las botellas está la mamá dándole la cocacola al machito entonces cuando ellos llegan que ellos llegan los dos por las cuales ellos miran y está como yo no llegué primero el papá no aparece por ningún lado me imagino que se habrá estado encontrando en haber dado en tiene y dios mío a nosotros nos acaban de vender la vida eso es una falta de respeto porque yo no tengo nada en contra de mis hermanos homosexuales pero eso es una minoría esas no son la mayoría de la familia puertorriqueña de una falta de respeto y nadie dice nada el último anuncio que yo ahora imagínense hay dos películas en este momento de niños unesco y la ocde fermín hasta el toro y ese anuncio lo ponen en todas las salas ahora imagínate tú tú con tu sobrinito y tú sobre él y estás viendo esto puerto rico hay misión sn que yo lo he visto crecer lo va a ver y estos niños son muy muy despiertos y te vas y mami eso que pasó como tú se lo explicas ustedes están tienen que usted tienen que salir de ese mundo dormido que están porque aquí lo que está en juego son nuestros niños nuestro futuro o que va a ver aquí ustedes se van a comer dos mujeres y los hombres nos vamos comer eso también o

mañana dos mujeres dos hombres y un perro también nos va a comer eso esto no es el mundo de dios eso lo metieron aquí gente que quiere destruir a puerto rico y el mundo entero porque nosotros sabemos cuáles son las consecuencias de esta conducta una disfuncionalidad tremenda porque las cosas pasan y si no hay remedio pero así es no me tires por ahí porque hay momentos de confusión y yo los conozco bien teniendo personas con momentos de confusión pero no me empuje pero ahora no nos puede decir nada porque es viola sus derechos pero si no se sabe limpiar el fondillo que vamos estar hablando de derecho pero qué pasa nosotros no vemos eso como misión yo tengo que dejarlo que el pse se manifieste ese proyecto pero si este es un culo para que va admisión y todos nosotros somos responsables de esto y mi hija vive con el novio lo que pasa que es mayor de edad o que es mayor de edad para condenarse y llega a mi casa y se mete del 4 y formica con el novio y nos vamos en un crucero y ella se ve en la misma cabina que yo pagué para usted permite eso hay padres que usted sabe las cosas han cambiado no no no un momentito no me suben la inteligencia las cosas han cambiado hemos cambiado nosotros señora la decencia sigue siendo igual y la indecencia sigue siendo igual el pudor y el recato no lo ha sacado de la vida la quitamos nosotros de la vida y yo les pregunto si este puerto rico ustedes creen que se puede vivir en él y que hemos hecho nos vamos a dónde se van a ir yo no sé si ustedes saben que orlando está que ya no se puede vivir ahí y se lo digo yo porque mi primo hermano de mis moredo vive en orlando desde años de años de años no de ahora y me dice primo volando aquí se podía dejar primo en orlando ya no se puede vivir de la delincuencia y la criminalidad lo que te lo llevaste de aquí para allá yo quiero que ustedes sepan a parte del camino asaltaron aquí pero yo nunca había estado en un asalto tal y saben donde yo lo vi donde es un huevo gris yo había ido me saliera a las 8 tiempo a comprar un sartal beso de esa cosita ese ha sido el gran las siete de la noche siete de la noche en orlando me acuerdo pobrecita la cajera una mochila hispana muy bonita a ella muy 2 yo veo que estaba ella este hombre un americano muy raro que puso era octubre porque me acuerdo que él tenía en la cesta existe hay había platos ya había cucharas plástica y había hecho era como un montón de cosas estaba el yo tengamos tres y cuando ella le dice el báculo que eran 37 50 se mire el señor leds son tres se vendan sus tristes sets y es así saca un revolver ahí estuvo un asalto sobre si esa niña se quedó en un asalto y dónde estaban mickey donde estaba para ganar donde estaba eso y quien hizo que hablando fuera así la gente que se fue pero no nos vamos después torrico nos va a puerto rico adónde va cuando te encuentres éxito paradisíaco cute para la gente se va a ganar unos sueldazos hay porque mi mujer gana mucho dinero y a ok fantástico yo nos vamos a ver después pero son tan soberbio que nunca lo van a aceptarlo porque hemos perdido la visión porque aquí había gente que este país que lo que tener una casita y vivían y envía palmera vivían en la boca de martín peña vivían en el campo se genera muy tranquila vivían con las puertas abiertas ya que no se puede pero no veo qué decir pues señora usted tiene que ponerse al día usted tiene que infectarse las piernas claro me gustaría la pierna del hombre lobo pero ahora resulta que tiene una piedra de gallina vieja entiende y no quiere poca estar porque no está este mes pues bien y como donde se descarriló este 3 les dé cuenta que lo más lindo que te ofrecerá

abuelita me encanta ahora no ahora que hay aquí aquí gente sentada que puede ser agua no no me digas algo dime conchita está muy vieja para eso chica y se viste al igual que las nietas y salen para el centro comercial las dos y tuve que ser niñita bp y una vez una venta de cuatro o cinco años con la abuela y la abuela se viste igual que a veces se mete algunos pantalones de lycra que yo no sé ni el titanic unos fondillo que tuve en que eso es diversas comunista era la revolución de las mesas que llevan las nalgas ponga su póngase una por favor póngase ropa quítese eso que no ven que eso es una indecencia y la niñita viendo por eso mañana cuando saquen fuera no le digas nada porque fue lo que vi en ti pero salen para que entonces venga uno de estos hombres que está en los centros comerciales mira robando carteles haciendo cosas dice y quién es la niña quién es la mamá o ay porque las dos son iguales vieja loca porque lo que haremos perdimos la visión de lo que es ser abuelo lo que es el papá porque soy la mamá que vamos a salir y la gente cuando salimos a la calle dicen que somos hermanas por eso tú savater mira cómo va a terminar porque usted to paris temperatura sabe lo que es la visión de ser madre no sabe lo que es porque una mar yo quiero que ustedes sepan y yo le doy muchas gracias a mi madre mi madre usted la conocieron algunos mi madre una mujer bellísima con gente para tráfico y se quedó solita a los treinta y pico de años como un muchachito de 11 y una niña de 3 y yo me enterado de personas que más me la grados ya sabes lo que hacía mi madre como muchas madres yo no le pongo padrastro a mi hijo ahora me tengo un macho en la casa porque yo no me puedo quedar sola porque padre usted sabe yo tengo que ser feliz y tus hijos viendo la porquería y sabiendo me tiene un macho que no es hombre pero al que hemos hecho nosotros y lo hemos tolerado y nuestros niños viendo es yo por eso están los niños rebeldes porque especialmente ven un varón mami y ese hombre que es mi amigo pero también duerme en el mismo cuarto que tú mañana cuando esté mucho tengo una rebeldía todo está metiéndose este té o no lo vayas así que atrás porque sé que atente a decir que tiene una agresividad contra tipo que tú le metiste un macho en la vida del que no era su padre y si no me creen a mí hablen con los psiquiatras esta agresividad que hay porque yo tengo esta cosa con mis padres averiguar porque permite la visión de lo que es un padre cuando usted tiene hijos ya usted se tiene con vida que usted tiene vida porque ya su vida tiene que ver con la de sus hijos y usted no puede estar yo quiero ser feliz eso lo tenía que haber pensado ante darte gusto y haber tenido un hijo pues cuando un niño sale eso es una enfermedad de nueve meses con toda una vida de convalecencia se acabó mi hijo está por medio entonces el macho para acá y saliendo con él y ellos ya yo ya yo terminé o no tuvo un hijo nunca te mira pues cuando termina con el hijo empiece nieto pero son una visión es una visión que la tiene no está mal y seguirá conozco este hombre conozco esta mujer y me acuesto con ella después tenemos las rebeldías que tenemos los muchachos y yo no que yo no me enteré que ustedes le digan a la policía por abuso porque hemos perdido la visión que es el católico hoy en mano que se católico y parece no no el práctico no me venga ahora con la teoría teológica que cosas un católico light a paul light a que ahora la misa de empezar a las 5 de la tarde del sábado y hay gente y en la misa a las 8 de la noche de domingo que por cuatro horas llegue no es de lunes que si vuelta el día no voy tardía no pueden dos veces el fin de semana porque

sus mucho imaginé tu ira ayer y venir hoy al misa o para mi santa misa y cuántas veces tú con más días y cuántas veces tú vas a walk greens que aquí compras gastar arrocera en el world girls he visto a mamá que si te sigue portando mal no te lleva world gris pero qué es eso y cuántas veces usted no ya habla por el teléfono es el cliente sede usted a eso sí eso no hay problema con esa hora cuando se trata de dios yo les digo este hermano porque esta es la fiesta de hoy jesucristo viene muy clarito con una misión y la va a tener así por eso es que ustedes escuchan por lo menos cinco veces en el evangelio de mateo dice que cristo estuvo toda la noche orando pero porque horacio ese escritorio pero como hombre tiene que encontrar y llevar a cabo su misión y es una misión muy fuerte dice que cuando se va acercando vamos viendo un cristo como más mas apocado porque se está acercando y está consciente puede ser que cuando pedro le dice no cómo va a ir para jerusalén si tú vas allá si te están buscando oye si vas para allá te van a y te van a retar y se aleja de satanás porque tú piensas como los hombres no como yo no me quites la misión cuánta gente nos ha metido en nuestras vidas para quitarnos la misión y los hemos dejado cuando una persona usted es un hombre de dios cuando usted es una persona que predica cuando usted a una persona envuelta en un ministerio cuando usted la lo decía jesucristo no puede permitir que nadie porque el es cuchillo y puerco se disfraza de felicidad y de realización personal y de toda esa palabrería para quitarme la misión que dios me encomendó descubran la verdad y desenmascaren lo que viene a quitarles su visión mi misión es dar a conocer a cristo yo no puedo dar a conocer a cristo cuando yo vivo en una situación irregular tú y yo no somos nada vivimos juntos no estamos en futuro pues para que aquel que busque tú le vas a hablar y tú estás casada con will bueno él es mi compañero y eso qué me marino obvio que escoceses o bien marido ni es novio cómo se le va hablar una amiga tuya de cristo si tuviera el pecado sabemos además sobre el campo predicar la moral en calzoncillos no yo digo medicar predicar la moral en string hay padres pero te sabes yo sé qué como me dice bien que hay en mano del dinero que tú sabes tú sabes tú sabes sabe bueno yo no sé yo soy bruto yo soy anormal yo no sé tú me lo tienes que explicar porque no entiendo esa vida tú irregular no lo entiendo ahora dejo esto con el otro pero para aquellos donde está sushi dónde está su compromiso con quién fue porque si yo soy tu hijo y yo te estoy viendo comprometido en la iglesia y tú de pronto pones un chinchorro de la esquina y no vas a misa ni el domingo después no me vengas a decir tienes que ir a misa pues te dijo oye médico cura este atípico ustedes tienen hijos que no van a la iglesia y ustedes empezaron a ir a la iglesia y de pronto ustedes porque le pusieron un horario nuevo lo que fuera usted sabe el daño que usted el hecho a su hijo lo perdió para siempre porque case buenos vi a mi papá ya mi mamá que de pronto pero de pronto le dieron un trabajo había por medio money money money money y resulta que la iglesia pasó segundo lugar apostolado ministerio y vinieron a su hijo y el que lo sacó de dios usted perdió la visión y con tu falta de visión que llevaste a tu hijo por medio y tú no estás puesto a pensar en esto bien cierto es serio que la palabra dice herir al pastor y se dispersaran las ovejas en manos titula la lucha espiritual lo que hay ahora están

matando a todos pero solo les hablemos la responsabilidad boca ti a mí nos dieron una visión no nosotros no somos los que no podemos decir yo no sé nosotros no podemos decir eso porque todos nosotros sabemos y que usted está haciendo con la visión porque cristo vino con una misión y por eso se abre el cielo y dice el padre esté mejor en que yo me complazco escúchelo escúchelo porque sabe lo que está haciendo porque viene a cumplir lo que yo quiero usted está cumpliendo lo que dios quiere para usted primero usted sabe lo que dios quiere para usted jovencito que hay aquí usted sabe lo que dios quiere para usted damas que están aquí fiscales y digo las mujeres saben lo que dios quiere para ustedes como usted sale a la calle como usted se proyecta podrán ustedes si miramos un espejo que está aquí sé pero un espejo pero me sabe como tú saliste a la calle no padre es que no estás bien vestido para la iglesia un momentito no es a la iglesia es salir a la calle porque cuando tú sales mal vestida de tu casa tú eres una tentación para todo el mundo de ir a la iglesia un hombre no es que usted sale de su casa con dos visiones que estoy muy buena hembra para que me viva o yo soy una mujer cristiana para dar a conocer a cristo no hay otras como usted se ve porque usted no es boba y hablo de ustedes y de nosotros como usted salió de la casa yo estaba la negrita con el día cordobés ya sabemos que hubo una boda que yo me imagino que esta mujer se compre traje de novia y el gordo que a veces tienen botoncito y desea que sea que no respire profundo porque el día todo yo nos quedamos sin ojo porque eran dos melones guías de agua no canta lo de agua y una apretada era y una base pero dios mío no es que yo engorde por quítate trajecito y pon tu traje normal sí para casarse por la iglesia no hace falta el vestido ese que en este momento es un escándalo y no es una prenda para casarse por la iglesia pero que lo hay visión que lo que hay putería pintura de la expresión no no en mano tú eres un hombre tú no han cambiado la palabra de que esa ley se pedía por qué por qué usted salió para la calle no me quepa que sepa que estoy sola hembra ese es tu concepción es así tú te ves como una hembra y tú no tienes en cuenta que esa agua se murió la hembra y salió una mujer cristiana y eso se te fue son visiones wake up and smell the coffee no podemos la todo o soy el macho que satisfaga a todas las mamis y estás de puerto rico o soy un hombre cristiano que doy a conocer a cristo como persona usted tiene que hacer una decisión hermano no podemos seguir esto que sí que no que no que sí este país se merece algo mejor decimos que después de maría vamos a hacer un puerto rico mejor pues no comienza haciendo un sistema de electricidad su torre no comienza que el corazón de nosotros puertorriqueños aire comienza puerto rico a levantarse y ser un país con futuro y esperanza ay qué pieza nosotros podemos vivir con velas podemos venir con clínker pero no podemos vivir sin tener a dios en la perspectiva de vida eso sí quiero porque entonces viviremos internamente en la oscuridad y ahí es donde está el secreto y puede ser que volverá readquirir la visión si la tuvimos los construyeron esta islita no dejaron los principios y valores de familia de matrimonio de amistad qué pasó aquí nada que vino a alguien y ustedes saben quién es y nos cambió la visión y si usted no me cree esta noche tome su ratito y coja papel y lápiz y haga una radiografía de la del mundo de tu propia casa como tú te ves como tú ven su esposa

como usted ve su familia como usted y usted haga uno haga un examen muy sencillo como yo veo a mis hijos qué es lo que yo quiero para ellos cuántas personas yo lo quiero que mi hijo tenga éxito en la vida éxito y que tú quieres decirme con éxito que vaya a princeton ok fuman marihuana porque si ustedes supieran cuánta gente se fue y lo que vino para acá están hablando con medios humanos que se muchas cosas que me los tengo que callar a cabo hace unos dos o tres días una noticia que me partió el corazón muchachos 40 y pico hagan brillante suma acumulado de vale victoria de su gracia en eeuu de una big league cirujano neurocirujano y ha tenido que retirarse porque está adicto a la heroína y no tiene pulso y la mujer se divorció de él y le cogió los higos no los va a ver pero claro ahí no había misa los domingos había que estudiar y tienes que ser alguien y pero como le faltaba una pata se acabó el alguien yo al toque en to me y nosotros nos hemos comprado la gentita esta de apeam e1 con la visión es que es una visión que tampoco porque es que no nos llevan a la quina día feliz y esa no era mi visión esa no era mi misión en la vida mi misión de la vida era tenerlo y darlo a conocer tenerlo y dando con barato entiendes las palabras de pablo que se pablo que está hablando y hay espinal estamos a unos años que lo maten y fue madurando y madurando y maduro su carácter maduro sus modales fueron un grupo y al final dice no no no no no no soy yo es el que vive en mí ay qué bonito no sólo tienes que si tú también y yo también yo creo que la luz de la luna está muy estropeada yo quiero ver a cristo el lunes usted tiene esa visión porque de eso se trata esto yo sólo deja cerrar el año y lo vuelvo a repetir cuántos de ustedes no me digan yo no creo que pase bochorno cuántas personas usted este año pudo decir que trajo a cristo porque él con todo respeto si usted este año no traje a nadie a cristo como cristiano usted este año fue un fracaso cuántos amigos tú trajiste a cristo este año no pero ellos vinieron galicia y nos hablando de eso cuántos amigos tuyos conocieron y se entregaron a cristo este año ninguno como un joven cristiano ustedes fueron un fracaso por yo estoy aquí para eso s su misión es la misma pero usted es cura no no no papito antes de ser purito y yo nos bautizamos sí que somos cristianos y la misión del cristiano es el luz del mundo y sal de la tierra eso es para todo el mundo usted está llevando a cabo esa misión porque de eso se trata su bautismo de ahí usted salió ungido por el espíritu para dar la vista a los ciegos para curar a los enfermos y para proclamarle al mundo entero el año del favor de dios hoy cristo eres tú cristo cumplió su misión y ahora completo la tuya amén i [Aplausos] hermanos hoy por ser el bautismo del señor vamos entonces a hacer nuestra renuncia y nuestra confesión de fe de una manera solemne muy bonita ésta y después entonces tendremos la aspersión con el agua bendita que nos recuerda el bautismo ahora comienzo diciéndole preguntándoles y sean en singular si renuncio si creo y fuerte renuncia a ustedes a satanás esto es al pecado como negación de dios al mal como signo del pecado en el mundo al error como función de la verdad a la

violencia como contraria a la caridad al egoísmo como falta de testimonio del amor si renuncio renuncian ustedes a sus obras como son sus envidias y odios sus pereza e indiferencias sus cobardías y complejos sus tristezas sin desconfianzas su materialismo y sensualidad sus injusticias y favoritismos sus faltas de fe de esperanza y de caridad renunció renunciando ustedes a todas sus seducciones como pueden ser el creerse los mejores el sentirse superiores el estar muy seguros de ustedes mismos el quedarse contentos con las cosas medios instituciones métodos reglamentos y no ir a dios si renuncio renuncia de ustedes a creerse superiores a los demás esto es a cualquier tipo de abuso discriminación fariseísmo hipocresía cinismo orgullo egoísmo personal desprecio si renuncio renuncia a ustedes a no actuar ante las injusticias y necesidades de las personas e instituciones por cobardía pereza comodidad ventajas personales si renuncio renuncian ustedes a los criterios y comportamientos materialistas que consideran el dinero como la aspiración suprema de la vida el placer ante todo el negocio como valor absoluto el propio bien por encima del bien ccoo renuncio creen en dios padre todopoderoso creador del cielo y de la tierra si cree o cree en jesucristo su único hijo señor nuestro que nació de maría virgen padeció fue sepultado resucitó de entre los muertos y está sentado a la derecha del padre si cree o cree en el espíritu santo en la santa iglesia católica en la comunión de los santos en el perdón de los pecados la resurrección de los muertos y en la vida eterna esta es nuestra fe esta es la fe de la iglesia que nos gloriamos de profesar en jesucristo nuestro señor y ahora al ser rociados con esta agua bendita esta agua fue bendecida vamos a pedirle a dios que esa agua y ese espíritu santo nos hoja no surja de esa canción está linda algo está cayendo aquí y es el espíritu santo abrasa la acción del espíritu del el que nos da la capacidad para ser misioneros todos somos misioneros y yo hoy en nombre de la iglesia los estoy mandando iglesia con la misión permanente de dar a conocer a cristo con tus pensamientos tus palabras y tus obras en el nombre del padre y del hijo y del espíritu santo amén iglesia en misión [Música] [Música] a ver [Música] no no no [Música] el corazón [Música] d [Música] y 2

[Música] [Música] [Música] [Música] bueno déjame sentir del juego aquí en mi corazón [Música] me llena [Música] y ahora con fe y confianza puesta en nuestro señor que nunca deja de oír lo que le presentamos vamos a presentarle al señor nuestras peticiones hermanos al celebrar hoy la fiesta del bautismo del señor que fue ungido por el espíritu de dios oremos unidos a toda la iglesia diciendo como fuerte y en confianza plena dios escucha señor nuestra oración para que todos nosotros bautizados sigamos las huellas de jesús escuchemos sus palabras y las hagamos vida oremos para que el señor sacia la sed que tienen de él todos los hombres y mujeres aún sin saberlo oremos para que la iglesia no tema comprometerse en la promoción de la justicia y la paz oremos que se sienta esa oración hermano que metimos que repetirle mucho a dios para que al recordar hoy el bautismo del señor en el jordán se renueve en nuestra fe en el que es el hijo amado de dios oremos para que el mensaje del evangelio que anuncia a los misioneros dé frutos de santidad en quienes los reciben oremos para que el espíritu santo renueve en nuestras vidas y nos haga vivir como hijos e hijas de dios oremos podremos también hoy por el eterno descanso de willy él es el hermano de nelson montes que falleció ayer por todos nuestros fieles difuntos que hoy descansan en la paz de dios y también por todas sus intenciones particulares y por el cumpleaños de vida de adalberto y por todo la y todo el programa pastoral que tenemos planificado para este 2018 este año ya nos hemos reunido y próximamente se va a reunir el consejo pero como pastor de ustedes ya yo lo tengo más o menos tengo que consultarlo con ustedes pero este año yo quiero hacer mucho hincapié en lo que es la familia la familia la familia estoy muy preocupado con la familia ahí está el puerto rico que se levante el pato ricos que se levanta esta es la familia y las que están un poco ya disfuncionales tratar que funcione lo mejor posible por eso el primer retiro de febrero base de matrimonio iba a seguir como un taller de matrimonio que va a durar un año con clase sobre una casa no es un retiro es el retiro en febrero febrero 17 pero después va a ser un taller para todos los matrimonios como ustedes te vamos a tener un libro y todo hay que patrick ular se estamos traduciendo los yo lo traje de eeuu the wb tn y creo que vamos a estudiar la historia del matrimonio como se hizo porque ha llegado aquí la los factores económicos los factores afectivos porque muchos te están casados y no saben que tienen entre manos no nosotros estamos bien bueno en caso que usted estuviera también que usted fuera un azar en vivo usted tiene que tener medios para ayudar a aquellos que no tienen la misma suerte que usted y muchas veces se presentan situaciones que uno no sabe qué hacer con ellas entonces hay que por mi bien y problemas en marzo vamos a tener sus retiros para divorciados y separados

hay mucha gente dañada que la ha cogido con dios y lo que pasa es que con ese sacos esos volcanes en erupción nos llevamos con nosotros a medio mundo que una persona que nunca ha sanado y se ha llevado a sus hijos los muchos que no quiere saber de la iglesia y la cogen con quien no tienen que cogerla pero como mi mamá o mi papá están así entonces yo mi bebé con me configuró la palabra me identifico con mi mamá o mi papá y allá va dios iba el copón divino porque usted no quiso sanar su solo segundo y después bien un retiro para jóvenes que algunos de ellos están cogiendo caminos torcidos para ayudarlos también dicen que son las familias la familia hay que meterle mano a la familia y después viene la convivencia marzo febrero marzo y abril los tres grandes retiros que hay y lo que venga por medio que está a la cuaresma pero y que usted lo dijo ahorita puede venir o sea yo no estaré divorciado pero puedo venir para ayudar a mis amigos que están negociados pero ya vamos al pse a ustedes notan llosa bueno pero tú tienes una amiga que está vamos hablar de las anulaciones de las nuevas prescripciones del papá francisco usted no sabe de eso tiene que saberlo porque todas usted tienen amigas divorciadas y qué le vas a decir a joy que sacaron no diga volvería porque la ignorancia es atrevida infórmese vamos a trabajar vamos a traer el presidente del tribunal eclesiástico y aunque usted no esté divorciado venga para ayudar a los amigos estudios hay unos tres casados pero venga retiro es tener paladar las intenciones no son suficientes hay que hacerlas realidad por esto el retiro por el plan pastoral de la parroquia y por todas sus intenciones oremos al señor creemos señor que tú eres el hijo amado del padre por eso te pedimos que le presentes nuestras oraciones para que manifieste su poder y salve a la humanidad que tú adquiriste con tu sangre que vives y reinas por los siglos de los siglos y ahora en el momento de la ofrenda la ofrenda material de ustedes y las ofrendas del pan y el vino pero el más importante de nuestra ofrenda personal renueve su misión dígale al señor cuando llega el señor cuenta conmigo quién quiere que dios cuente con usted levantó la mano de la mano pues si usted quiere que cuente con usted ofrezca si bien el señor cuenta conmigo más si es el 1 2 y 3 cuidado por lo que dijo que el pp por donde muere pe con la boca y usted lo digo no lo dijo conmigo señor cuenta con no tengan miedo porque que le dice adiós que cuente con él tiene siempre la bendición de dios sobre su cabeza por eso señor cuenta con nosotros y recibe nos como ofrenda agradable a ti hazlo posible el ser ofrendado para ti y que con todos mis defectos y mis limitaciones pero con tu gracia que es eficaz y viva yo pueda hacer en todo lugar y en todo momento presencia aviva tuya en el nombre del padre y del hijo y del espíritu santo [Música]

[Música] o no [Música] sí [Música] e [Música] de los de colón [Música] [Música] con sentido [Música] mala [Música] pero mirando a los ojos [Música] 1 [Música] [Música] 2 sí y yo soy mejor de vido [Música] botella de aceite [Aplausos] llena [Música] cómo [Música] para darle a las almas para darle a las almas y de donde han conocido [Música] llena botella de aceite llena 2 sean mis palabras para hablarle a las almas para hablarle a las almas de los ya conocidos [Música] y mejor soy pobre [Música] llegando botella de aceite llena tu mejor extendido sean mis palabras para hablarle a las almas palabra lea las calmas que no se han conocido [Música] el vino lleva jesús botella de aceite llena de su contenido sean mis palabras para hablar de las almas para hablarle a las almas que no te han conocido [Música] tú [Música]

digo soy de pobre todos ahora para vivir [Música] eso es llena tu beso más con ese sentido a mis palabras para hablarle a las almas para plaga las almas que no sean conocidos en mi programa de vino llenas jesús botella de aceite llenas de un extendido sea mis palabras para hablar de las almas para hablarle a las almas que no te han conocido [Música] lleva botella de aceite llena [Música] sean mis palabras para hablar de las almas a nadie [Música] 7 [Música] me bendiga los amores [Música] de gran sol y mejor la hora de vida [Música] 6 sí [Música] para mí [Música] llena [Música] y más [Música] e [Música] bueno [Música] [Aplausos] no hay nada [Música] y yo [Música]

de la mente llena d y [Música] [Música] llena de encendido sean sus palabras para hablar a las almas a las almas de lo que ha conocido no me ha conocido [Música] sí este himno que es tan hermoso se hizo se compuso para la jornada mundial misionera en la iglesia como les digo tiene toda su vida a veces nosotros no nos enteramos porque no hay buena comunicación por varias razones no vamos entrar en ellas y debe ser ahora mismo estamos de la jornada mundial de la paz que comenzó el primero de enero y es todo este año la jornada mundial de la paz y así sucesivamente estamos en preparación por el año para la con el congreso de los jóvenes ahora en el año 19 y constantemente está preparando y hubo un año que era la jornada mundial misionera para que toda la iglesia se pusiera en actitud de misión y por eso fíjense que el aceite mi aceite la contemplo ahora de aceite de palabras en tu boca para para llevar a la gente que no te conoce sé que es un himno muy misionero es el señor dame para ayudar no y yo quisiera que le pidiéramos eso que tener amos que tuviéramos un alma misionera de hecho creo que se llama alma misionera sea masista canción y yo creo que es muy importante porque hemos perdido ese sentido de misión y nos hemos reducido prácticamente a muy poquita cosa y con todo respeto pero pienso ustedes que usted hace durante la semana como misionero yo creo que nosotros nos hemos conformado con muy poco y a veces me pregunto y no se sientan mal los primeros que tenemos que cuestionarnos somos nosotros que estamos en orden sagrada no si nosotros todavía tenemos ese fuego yo a veces con mucho dolor en el alma yo soy un cura de casi 44 años y yo y no es que yo sea que tuve un momento de pasión o no yo llevo muchos años y yo creo que he sido un hombre de la iglesia gracias a dios estudia en roma en otro lugar pero yo yo veo que sea hemos decaído mucho yo me acuerdo algunos aquí son de mi generación y me acuerdo de la jec que se acuerdan de la sac yo me acuerdo cuando éramos jóvenes no teníamos yo me acuerdo que yo con los gal ya nos lo que son de gatsby con un grupo y tú esta gente tenía novias y todo ahora la gente se enamora y para porras grito y para la porra a la iglesia y para por rato el mundo y yo me acuerdo con tu mundo iba con su novia yo me acuerdo de carlos con rita que se enamoraron y todo y no solo en un cubo un año en que le dimos retiro oigan esto porque en aquel tiempo el sur de la isla nada más que tenía una diosa siquiera la diosa de poseen existía maya web y nosotros nos propusimos en un año con el padre modesto vaca que era un corazón un corazón mercedario y hubo un año que el ajax se propuso en el sur en pose tenía ese post dale retiro de fin de semana a todas las capillas y parroquias del sur de la isla eran muchas y se hizo claro no este año ni fuimos al cine ni eso pero era un gozo en una cosa y todo mundo tuvo esa gente está casada con sus hijos y sus nietos pero vivieron para cristo que está cuerda era cristo y yo mayoría aplastante no yo con todo el respeto pero yo lo veo son los jóvenes de hoy encontraron la novia cita y hablemos de los adultos que han dejado cristo me han dado por una mujer o un hombre y yo no veo que es usted le quite el sueño y el mundo se está podrido tienen que aprenderse el mundo duerme grande y tienen que aprenderse en un modo m sí porque esa esa canción el día que el día que mejor detiene su conversión y

estaba saliendo de una discoteca y aquello era candela hedor del river vio hijo les dice que en una cajita de fósforos compuso el mundo duerme y tuve que te está describiendo el mundo que no ha cambiado es y el mundo duerme y yo digo que estamos roncando se nos está yendo el país de las manos nuestros niños están perdidos nuestros niños en periodo yo les dije ayer ayer fue ustedes saben que de hasta la actividad sexual de nuestros niños seis años es todo un desastre y ayer donde fuimos yo creo que estos dos muchachos estaba conmigo pues estarán al lado eran dos nenes con una vía una criaturita que le van a dar acceso ni etapa que lo creen a ello pedimos la misión vendimos la misión y la iglesia no la puede porque sé que la iglesia pierde el sentido de misión la iglesia está traicionando a su señor esto es muy grave y vuelvo a repetir le empieza por aquí por nuestro querido obispo con todo el respeto por nosotros los presbíteros por nuestros hermanos diáconos y no hablemos de las religiosas y los religiosos que a veces la ley de menor esfuerzo hermano pues miren nos quitemos un objeto esto no solamente para ver qué lindo mamita del obispo qué lindo qué no no esto no es una plena papo esto es rajarse la vida y decirle a la gente vale la pena ser cristiano pero eso se lo dice usted cuando usted lo siente y lo vive para usted vale la pena ser cristiano cuando sus intereses en este momento no están en cristo sino en otra cosa allá vienes padre con los mismos dioses lo voy a decir veinte mil veces si es necesario porque yo no estoy aquí para que ustedes me quieran yo estoy aquí para que me quiera dios hoy aquí hay que despertar a la gente esos pulpitos tienen que hablar usted no compre un perro mudo para eso compré un peluche usted compre un perro para que ladre para que venga que un ruido un ladrón bueno en mano hay tantos pulpitos que no la habrá no que no se va a sentir ojalá que se sienta para que salga de ese modo franquista y se los digo porque esa canción a mí me encanta yolanda lo sabe pero es que la canción de la jornada mundial misionera dt hermano y pide se lo mire va a estar aquí dentro de un momento aquí va a estar dentro de un momento esta es nuestra fe católica no hay ningún cristiano en el mundo que se pueda comer a dios sino un católico no somos los mimados de dios nosotros por la gracia de dios nos comemos adiós hombres pero esto tiene un precio si te lo comes test vívelo si usted come y usted está bajando de peso usted tiene problemas nosotros tenemos que comer así que pide al hoy un día muy lindo en la iglesia del espíritu santo va a bajar y ahorita en la comunión en ese momento de comunión vamos a cantar algo está cayendo aquí y ya empezó a caer porque yo voy a hacer esto pero ahorita fíjense que hasta unas campanas y sabe lo que está pasando si usted no lo han visto pida lo porque hay gente que lo ha visto cuando yo hago así y hago así con las manos por las manos sacerdotales por la unción con el santo crisma que hemos recibido todos los presbíteros en cuando hay algo así por mandato divino y obedeciendo a hombres en esta tierra baja el espíritu santo sobre esta asamblea y sobre todo dones esto no es un cuento chino esto es una realidad tanto que el poder del espíritu hace que un pedazo de pan y un poco de vino se conviertan en el cuerpo la sangre el alma y divinidad de jesucristo a germaneau por ambos y tenemos una iglesia que para tráfico por hombre que convierte en almas que convierte el mundo se originó el abismo cogemos un continente de salvajes y lo hicimos el continente europeo que fue cristiano y vinieron américa que eran indios y convertimos una américa para cristo porque no lo podemos hacer ahora porque no tenemos ganas porque no queremos porque nosotros vemos ahora tenemos

televisión y tenemos radio tenemos periódicos si tenemos muchos medios más lo que no tenemos muchas veces sentido de misión y usted es misionero en mano si usted no lo sabía usted misionero y usted misionera dígale al espíritu santo que lo que lo que le vivifica lo que está en usted el fuego está ahí coge a ese para que ese fuego huevo otra vez está ahí en ti cuando te bautizas te el fuego descendió sobre tu alma y te convertiste en templo del espíritu santo pero hace tiempo que la pagaste porque poca ahora estoy con mi amiguita y con mi amiguita y me mueres y sacaste a cristo porque para meter esa gente que está escogiendo un puesto que no le toca sacaste a cristo y cuando lo sacaste tu vida se secó y tu vida se apagó ven espíritu santo y ahora está en manos hermanas para que este sacrificio que es mío y también de cada uno de ustedes sea agradable al señor padre todopoderoso recibe padre los dones que te presentamos al celebrar la manifestación de tu hijo amado para que nuestra ofrenda se convierta en el sacrificio de aquel que misericordiosamente quiso lavar los pecados del mundo que vive y reina por los siglos de los siglos el señor esté con ustedes levante el corazón y demos gracias al señor nuestro dios en verdad es justo y necesario es nuestro deber y salvación darte gracias siempre y en todo lugar señor padre santo dios todopoderoso y eterno tú quisiste expresar con signos admirables en el río jordán el misterio del nuevo bautismo para que por tu voz celestial se manifestase que tu palabra habitaba entre los hombres y por el espíritu que bajo en forma de paloma se reconociera que cristo tu servidor había sido ungido con el óleo de la alegría y enviado a evangelizar a los pobres por eso con los coros celestiales te alabamos en la tierra llenos de alegría cantando sin cesar [Música] o no en el poder santo es el señor vídeo susana cosas [Música] rosana osaka [Música] me invitó el que viene en nombre del señor con todos sus santos cantamos para mí no sabe en el cielo cosas [Música] [Música] rosana [Música] amén te alabamos padre santo porque eres grande y porque hiciste todas las cosas con sabiduría y amor a imagen tuya creaste al hombre y le encomendase el universo entero para que sirviendo te sólo a ti su creador dominará todo lo creado y cuando por desobediencia ha perdido tu amistad no lo abandonaste está el poder de la muerte sino que compadecido ten diste la mano a todos para que te encuentre el que te busca reiteras te además tu alianza los hombres por los profetas los fuiste llevando con esperanza de salvación y tanto amaste al mundo padre santo que al cumplirse la plenitud de

los tiempos nos enviaste es como salvador a tu único hijo él se encarnó por obra del espíritu santo nació de maría la virgen y así compartió en todo nuestra condición humana – en el pecado anunció la salvación a los pobres la liberación a los oprimidos y a los afligidos el consuelo para cumplir tus designios él mismo se entregó a la muerte y resucitando destruyó la muerte y nos dio nueva vida y a fin de que no vivamos ya para nosotros mismos sino para el que por nosotros murió y resucitó envió padre al espíritu santo como primicia para los creyentes y así santificar todas las cosas llevando a plenitud su obra en el mundo por eso padre te rogamos que este mismo espíritu santifique estas ofrendas para que se conviertan en el cuerpo y la sangre de jesucristo nuestro señor y así celebremos el gran misterio que nos dejó como alianza eterna las personas que no puedan arrodillarse se sientan en el borde citó de su banco pero acordémonos que en este sagrado y sublime no podemos permanecer de pie porque el mismo llegada a la hora en que había de ser glorificado por ti padre santo habiendo amado a los suyos que estaban en el mundo los amó hasta el extremo y mientras cenaba con sus discípulos tomó pan te bendijo lo partió y se los dio diciendo tomen y coman todos de él porque esto es mi cuerpo que será entregado por ustedes [Música] del mismo modo como el cáliz lleno del fruto de la uva te dio gracias y lo paso a sus discípulos y les dijo tomen y beban todos de él porque este es el cáliz de mi sangre sangre de la alianza nueva y eterna que será derramada por ustedes y por muchos para que el perdón de los pecados hagan esto en memoria mía [Música] este es el sacramento de nuestra fe [Música] y proclamando su resurrección ven señor jesús el señor jesús y anunciamos tu muerte proclamamos tu resurrección ven señor jesús el señor jesús [Música] por eso padre celebrar ahora memorial de nuestra redención recordamos la muerte de de los muertos proclamamos la expresión y ascensión a tu derecha y esperamos su venida te ofrecemos su cuerpo y su sangre sacrificio agradable a ti y salvación para todo el mundo dirige tu mirada sobre esta víctima que tú mismo has preparado a tu iglesia y concede a cuantos compartimos este pan y este cáliz que congregados en un solo cuerpo por el espíritu santo seamos en cristo víctima viva para alabanza de tu gloria y ahora señor acuérdate de todos aquellos por quienes te ofrecemos este sacrificio de tu servidor el papá francisco de nuestro obispo roberto del orden episcopal y de los presbíteros y diáconos

oferentes y de los aquí reunidos de todo tu pueblo santo y de aquellos que te buscan con sincero corazón acuérdate también de los que murieron en la paz de cristo muy especialmente de william es mano de nelson montes y de todos los difuntos cuya fe sólo tú conociste padre de bondad que todos tus hijos nos reunamos en tu reino con maría la virgen madre de dios y madre nuestra también sanjosé su esposo con los apóstoles y los santos y allí junto con toda la creación libre ya del pecado y de la muerte te glorificamos por cristo señor nuestro por quien concedes al mundo todos los bienes [Música] por cristo con él y en él a ti dios padre omnipotente de la unidad del espíritu santo todo honor y toda gloria por los siglos de los siglos me m [Música] a mí p [Música] [Aplausos] poniendo en nuestros manos y corazones recemos con humildad y confianza la oración que cristo nos enseñó padre nuestro que estás en el cielo santificado sea tu nombre venga a nosotros tu reino y hágase tu voluntad en la tierra como en el cielo danos hoy nuestro pan de cada día perdona nuestras ofensas como también nosotros perdonamos a los que nos ofenden no nos dejes caer en la tentación y líbranos del mal líbranos señor de todos los males y concédenos la paz en nuestros días para que ayudados por tu misericordia vivamos siempre libres de pecado y protegidos contra toda perturbación mientras esperamos la gloriosa venida de nuestro salvador jesucristo señor jesucristo que le dijiste status apóstol es mi paz les dejo mi paz les doy no mire señor nuestros pecados sino la fe de tu iglesia y conforme a tu palabra concédenos la paz y la unidad tú que vives y reinas por los siglos de los siglos la paz del señor esté siempre con ustedes hermano de mono fraternalmente la paz [Música] ah [Música] [Música] todos [Música] pobre y no [Música] la vida [Música] este es jesucristo el cordero de dios el pecado del mundo dichoso los invitados a la escena señor señor yo no soy de ese caza pero una palabra tuya bastará para sanar el cuerpo y la sangre de cristo guarden mi alma para la vida eterna a todos nuestros hermanos que no puedan

acercarse a recibir a jesús sacramentado les invito a realizar la oración de la comunión espiritual jesús mío creo que te estás en el santísimo sacramento te amo sobre todas las cosas y deseo recibirte ahora dentro de mi alma ya que no puedo recibirte sacramentalmente ven al menos espiritualmente a mi corazón y abrazo como si ya había venido señor no soy digno ni merezco que entres en mi pobre morada pero de una sola palabra y mi alma será sana salva y perdonada el cuerpo sangre alma y divinidad de nuestro señor jesucristo guarde mi alma para la vida eterna amén [Música] [Música] [Música] [Música] [Música]

[Música] [Música] [Música] [Música] [Música] [Música] 2 mira [Música] y bien [Música] [Música] [Música] [Música] muy bien [Música] tú [Música] [Música] no [Música] [Música] [Música] [Música] d no [Música] [Música] [Música]

[Música] [Música] [Música] [Música] y [Música] [Música] [Música] [Música] [Música] [Música] cantar [Música] está cayendo ya me lo ya lo llame lo sobre mí [Música] no sé acá y victoria total [Música] su gloria sobre mí tu vida tanto a la calle [Música] esta calle [Música] su gloria sobre mí sanando heridas [Música] cuando ha caído mientras [Música] gloria [Música] gloria [Música] [Música] bendito sea dios aplauso al espíritu santo los diarios espíritu que sostiene a la iglesia oremos alimentados con el pan del cielo te pedimos padre que escuchemos con fidelidad a tu hijo unigénito y así nos llamemos y seamos verdaderos hijos e hijas tuyos por el mismo jesucristo nuestro señor hermano se solamente tenía unos anuncios primeramente por favor y deben ser boletín primeramente por las lecturas lo otro hay tres anuncios es muy importante lo primero que usted sabe no hay a las

ocho en la última función la bueno la segunda y última función del del concierto de la vida muchas personas están llamando hay boletos pero no aquí la boletería ya está abierta está abierta abrió la una está abierta desde la 1 hasta las 7 de la noche hay unas filas que tiene bellas artes desgraciadamente todavía muchas de estas cosas el mismo teléfono nosotros estamos pueden llamar a la parroquia el 70 03 75 porque tenemos un teléfono portátil que entiende hizo un arreglo con nosotros pero no es el cuadro el cuadro de nosotros están muertos por eso no tenemos fax y ni tenemos nada pero tenemos un teléfono que por lo menos tenemos ya un poquito de comunicación con el exterior vaya exacto usted puede llamar pero no puede hacer transacciones de boletos y eso eso nos ha matado porque mucha gente compraba pero ahora no se puede pero la boletería si usted va hay por lo menos primero que unas cuatro filas que están disponibles abajo creo que arriba no había mucho pero también así que vaya y respalde esto esté cerca y recé mucho poco hasta donde tenemos no todavía no hemos cubierto los gastos pero importa la idea era haberle regalado a puerto rico al gotean eran dos cosas que fuera refrescante y motivador por lo menos la gente que fue así lo vio esperamos que ahora también sea igual lo segundo es que ya hoy comenzaron la gente de las 8 ya tan de venta los boletos para la fiesta del amor y la amistad que este año es el 11 de febrero porque el 14 ya después el miércoles de ceniza así que espero que este año no nos regale ceniza el día de los enamorados pero es el 14 de febrero así que pero nosotros tenemos la fiesta el 11 ustedes saben que el tema es viva españa’ va a ser muy sabrosa la comida todo española que vamos a tener hecho papelucho del baile flamenco y también el grupo de la noche van a bailar la virgen del rocío que va a ser un espectador vamos a tener un poco de show también baile y demás está como el que esté en vivo condición o sea hay regalos hay rifas en la fiesta más formal de todo el año nuestro y en un modo que usted visionar porque si usted se han dado cuenta nosotros no tenemos fiestas con bebidas alcohólicas y la gente esto no se lo puede imaginar al menos su cuñado alguien que si no se da el palo pues que venga que le daremos el palo de que no hay que tener bebida para esto y por eso es un regalo bonito y al mismo tiempo se hace también misión con esto y yo les hago este recuerdo que cuando seamos la fiesta en el joe cannon la primera que fue que me dijeron por cierto que están trabajando quizás creo que lo van a volver a reconstruir ojalá porque era un lugar muy bueno y no era era costoso aquí medio que vio ahí haciendo cosas porque lo que convirtieron fue un cementerio de carlos viejo y una propiedad muy buena ya había uno más grande y otros más pequeños cuando yo fui la primera vez que fue el grande nosotros metimos allí 800 personas en una fiesta la primera vez que fui que iba con mi equipo con mis queridos mi equipo y entonces hicimos el contrato el señor me dijo bueno de la barra abierta digo no ninguna barra abierta de vídeo ya yo firmé el contrato si yo quiero dar agua con azúcar ese es mi problema pero se puso bien bien un pesado que molesto pero ya estaba en contra tío puede haber dado agua solo cuando terminó la fiesta que ella fue esta fue fantástica el vino vino me dijo quiero padre pedirle disculpas de gobierna con haba digo porque dice todos mis camareros están encantados de la vida dicen que nunca habían visto tanta gente divertirse aquí no ha habido un incidente no ha habido una pelea por favor padre no dejen de venir y desde el 12 los generamos el primero en la isla nos llamaban por teléfono misional porque porque no había bebidas alcohólicas este es un país de gente muy actualizada y aquí todo se celebra y porque yo tengo que dar bebidas alcohólicas en un bautismo en una primera comunión en una boda no hay sentido pero culpa nuestra porque yo en mi boda afilia a cabo si tu eres a convenir toda costa mía y aquí la fiesta dice que de todo y nunca ya nos hemos acostumbrado ahora mismo el fin de año dimos un

espumante de uva pero no era ni si nadie no podemos seguir promoviendo el vicio por eso les digo o sea que venga y traiga una persona para fiesta muy bonita esa fiesta servida por los muchachos de camarero dichosa una fiesta que cualquier lugar este año vamos a tener unas estaciones y va a haber tres tipos de paellas nada más con eso para que la gente va a ser muy linda estaba con la vida real me está haciendo los arreglos que después van a rifar se va a ser una fiesta muy bonita así que y es un regalo para las personas una familia entera así que la oficina está vendiendo eso y entonces también la semana que viene comienza a registrarse para el retiro de matrimonios que después hablaremos la matrícula para el taller de matrimonio que se llama amado amada así que como vemos estamos en ese plano eso creo que era todo porque me había dicho luis irizarry que si eso a que hay una reunión de todos los colaboradores todos los ministerios de radio familia el 17 de enero después de la misa de siete en la reunión de todos los colaboradores de radio familia jack sacamos toda la humedad pues envuelve así que ya vamos a empezar otra vez llegamos a tener 25 mil personas en radio familia vamos a volver a otra sabe que se rompió el estaño el agregó es un regalo que la vida de una persona muy querida y ya sacamos toda la humedad y ahora vamos a ver para hacer falta una reunión para toda la programación que teníamos y creo que eso es todo ponemos de pie para la bendición final el señor está con ustedes la bendición del dios todopoderoso que es padre hijo y espíritu santo descienda y permanezca con ustedes para siempre antes que se me olvidaba vamos a comenzar porque hasta aquí de vuelta a mucha gente estado de salida pero hasta que nuestro contratista porque vamos a estar trabajando en casa en casa centro se que habían varias etapas no teníamos dinero pero ya tenemos un fondito para comenzar que toda la parte de afuera hay un parquecito que es ver que tenemos guardado para un parque si todos los niños y se va a tirar todo el asfalto alrededor y vamos a hacer una cerca una abeja que va a hacer del mismo diseño que casa raquel o sea que si usted la mira la vena va a venir desde esta esquina hasta allá y vamos a poner todas las condiciones que es la segunda etapa la tercera que yo espero podamos continuar la va a ser dentro como tumbar una pared o sea habilitar la casa centro para poder tener más espacio para nuestras reuniones y sobre todo la escuelita de los niños que había va a estar por eso los niños que vengan que los lleven allá para que no estén llorando y según pobrecito sino para que puedan van a tener un parquecito también eso había sido un compromiso hermanos por el bautismo morimos al pecado y renacemos a una vida llena de gracia nos vemos gracias [Música] sí [Música] d 2 [Música] [Música] no tengo idea [Música] gracias por [Música] tú también

mire [Música] no no no [Música]

Uncategorized

Completion destroys fear of Change

Nithyanandeshwara Samaarambhaam Nithyanandeshwari Madhyamaam | Asmadaachaarya Paryanthaam Vande Guru Paramparaam || I welcome all the devotees, disciples, samajis, satsanghis sitting with us around the world at this moment through Nithyananda TV, Sadhna TV, Lotus News Channel, and through two-way videoconferencing in twenty-six places all over the world, in twenty countries around the world as per the statistics Cities sitting with us in two-way video-conferencing having Nayana Deeksha: Kuala Lumpur, Houston, Toronto, Guadeloupe, Surrey-British Columbia, Oklahoma-Somanatham, Los Angeles, Ohio-Prayag, Hyderabad, Seattle-Chidambaram, Charlotte-Srisailam, San Diego-Pacific Beach, Hyderabad-Gupta Kashi, East London, Devon-UK, Singapore, San Jose-Madurai, New Jersey, Port Louis, Indrani-New Jersey, Ohio-Ma Shivananda, Dubai-Vaidyanatham, San Diego-Pacific Beach, Enriching Temple-Bidadi, Kathmandu Nepal, Oman-Sivagangai, Paris Home Temple, Varanasi…..! I welcome all of you with my love and blessings! Today I will expand on “THE POWER OF COMPLETION AND ENRICHING”, how they help each other, how Completion helps enriching, enriching helps completion! Human life in its pure presence is eternal excitement Please listen! Come to the space of listening! Human life in its pure presence, is eternal excitement. Please listen! Come to the space of listening! Human life in its pure presence, is eternal excitement! That is why, all the qualities of life are based on change. Listen! Change! Is the law created for excitement? But when you try to bring stability, you try to bring a space where the change is not possible But, unfortunately, even if you are successful in that, you get into the mood of boredom now Please listen! I am making a very powerful statement Out of incompletion when you try to bring stability by stopping the change or creating

a buffer not to let that change happen in you – these are some of the important statements, please listen – when you are really powerless and loveless – both are one and the same; only when you have power you will be able to love; when you are able to love, you will have tremendous power – when you are powerless and loveless, you bring marriage as an alternative lifestyle Please listen! I am not against the marriage system itself; I am against getting married due to the incompletions of insecurity. It is like, if you have insecurity, will this love be ever eternal? If you have a doubt about the person, and insecurity about the person, you cannot milk love from that person out of marriage, please listen, you cannot milk love from a person out of marriage. No! It is not possible! If you have incompletion, fear, insecurity, ‘Whether I will have love from this person, or love in my life forever?’ – there are two things: “love from this person” or “at least, love in my life in some form” – if you have that question, if you have that problem, the first thing you need to do is Completion! The first thing you need to do is Completion! Nothing else! Please understand, I wanted you to understand this important truth. This is the basic truth of the whole Hinduism. From the beginning, all decisions should be towards “nivritti”, from completion to more completion, to more completion, to more completion. But, unfortunately, when you start making the decisions externally for your internal incompletions, when there is internal incompletion, whenever you think changing the situation externally is going to alter, is going to change the situation, is going to bring you Completion, you are only going to get into more and more mess The worst mess a human-being can get into is deciding anything out of incompletion I have seen people who decide, due to incompletion, to take sannyas, struggle and suffer with their whole life and destroy their life. And same way, people who have decided to get married out of incompletions, destroy two lives – their own and the other person’s also! When you make sannyas decision out of incompletion, you destroy one life. When you make marriage decision out of incompletion, you destroy two lives! See, the whole humanity is nothing but destroying each other’s lives. People spend their whole life just to destroy somebody’s

life! Like yellow journalists! Please listen! Any karma left incomplete, without completing, any action done out of incompletion, is “pravritti” – more and more dangerous! You need to know: more and more dangerous, more and more disturbing, more and more powerless! Only if you are taught the Science of Completion before the age of seven, you can even grow as a human-being As early as you can, if you learn Completion and start living in the space of Completion, you come towards the human space! Continuously live in the space of Completion Completion is the Puja! Completion is the Homa! Completion is the Tapas! Completion is everything! Completion is Tapas! Completion is Sadhana! Completion is Practice! Completion is Puja! Completion is Devotion! Completion is Yoga! Completion is everything! Please listen! Again and again and again, I wanted to make this one statement: Completion is the Path, and Completion is the Goal! Everything should be stalled for Completion to happen Everything in your life should be stalled for Completion to happen in you, whether it is the decision to go to some school, or decision to study, decision to take up a job, or decision to get married, everything, everything, human beings have to go through a thorough Completion before they take any decision Introspecting out of what pattern you take decision, and completing with it, is very important, because when you try to get married, most of you do it out of the incompletion of not having love and thinking that the other person is going to add love to you. Please understand, if the decision is out of that powerlessness, you are only going to be adding more and more powerlessness to your life If you are centered on powerlessness, how many hundreds of people are added to your life, you will only destroy them and yourself! If you are established in powerfulness, no need for any people to be added in your life; you will go on enriching, go on enriching!

Please listen! Just like money makes more money, popularity makes more popularity, power makes more power, Completion makes more Completion, incompletion makes more incompletion. When you try to bring stability, because of your incompletion, you will only be reducing the beautiful flow of the innate quality of life of change, because change is exciting Please listen! Any action you do out of Completion without losing the excitement of life; without losing the excitement of life, you know how to bring stability, you will know where to keep the change as law of life and where to have stability. I tell you, having the clarity, the cognition, that life is change, is the greatest stability you can have in your life. Please listen! Having the cognition that life is eternally changing and the change brings excitement, is the most stable lifestyle you can have! That is the greatest stability you can bring to your life! Out of completion, any movement brings the greatest stability and the most exciting Out of incompletion you bring anything; listen, you bring anything, out of incompletion you bring anything, you should know, when you are working out of incompletion, if you bring, if you try to bring stability in your life, you will kill the excitement in life Excitement in life always comes by change! I am talking about a very complicated subject: Whether to have excitement in life, or stability in life? This is a big question human-beings have Excitement comes by change. Stability brings the curse of boredom. Excitement brings the curse of instability. But, out of Completion when you move with stability, your decisions and your being is such you will have stability and you will not lose the excitement of life. Out of incompletion, whether you try to be stable or excited, both will lead only to more and more complications. I gave you one example of trying to have marriage, listen, trying to have marriage It is like one guy wanted to have milk in his life. So he gets a cow and starts taking

care of the cow the whole day. Finally, when he gets the milk, he feels, ‘I did too much work for this milk. How can I consume it? I should sell it and make money, because so much of my whole day’s work has gone behind this milk.’ And, he sells the milk! Please listen, whenever you work out of incompletion, you will always become tired and bored by the time results come. So, you stop enjoying the results. Please listen, the result becomes boring, tiring, the result is no more exciting. The most horrible thing that can happen to a human-being is working your whole life and never seeing any joy and never seeing any right result in your life. This happens in human-beings who constantly work out of incompletion Please listen! Never a person who carves deities keeps the deity for himself to worship, because when he makes the best piece, he only plans to sell it. Never a milkman or a man who has cows and works the whole day, gets milk, drinks the milk, because every glass he thinks, ‘No, no, no! Money, money, money!’ Never a jeweler wears the best jewels, because he thinks, ‘No, no, no! I’ll make more money by selling it.’ The whole mental setup to enjoy is lost when the work is done out of incompletion. Please listen! The whole mental setup to enjoy is lost when you work out of incompletion I have seen in my life, in front of my own eyes, people going through the whole life I gave you one example: Because you wanted to have milk, you buying the cow, feeding the cow, and taking care of the cow, and suddenly when the milk comes, you feel you’ve worked too much for it and so you should not drink it; you should sell it and make money. And you save all the money continuously. Again one day you feel that you have less number of cows. You buy more cows with the money you saved and you save more money by selling the milk, without you drinking even one drop, and with the more money you saved you buy more cows. Suddenly, one day, in some disease or unknown reason, all the cows die and you sit with depression! Please listen, when you are working out of incompletion, now what I described is exactly the outline sketch of your biography. Nothing else! Out of incompletion anything done, anything done….! The man finally who wants to have milk, just for that bought the cow, never enjoys the milk!

Same way, you think you will have love in your life, because you lack it inside you, you get into marriage, and you get somebody in your life whom you think will constantly give love, or expect that person to give love or whatever you want to do. But, I tell you, love has to be experienced within you I am defining “Love”. Please listen! The confidence you have about you is “Love” The confidence you have about you is “Love” The strength you have about you is “Bliss” When there is no confidence about you in you, the concept of Love is lost Please listen! Understand….! Now the solution is not “not getting married”. With this example I gave, the solution is not “not having cows” Knowing clearly you are enough unto yourself and establishing yourself in the space of Completion, then decide what you want, then decide whether you want to buy the cow or not Please understand, when you bring Completion in you, and then any change you bring externally does not take away your excitement inside, even if you bring stability does not lead to more boredom inside Please listen! Stability without boredom is Bliss. Change without feeling unstable is Bliss. Change continuously without feeling unstable is very important If your cognition is established in the truth ‘change’ happens in life continuously! Life is changing! If you are established in that cognition, listen, then you are in the most stable place on the Planet Earth. Because the effects of the change inside your inner space, the effects of change inside your inner space, listen, that makes you afraid of change

The effects of change inside you makes you afraid. I tell you, the fear of incompletions you need to go through during every change puts you in a space that you are afraid of even change! But without change, it is not just that you are going to be happy with your life Peace brings boredom! Internally you have a strong idea that peace brings boredom; so, ‘Come on, let’s have some change!’ When you have a change, you’re afraid of the incompletions the change is going to bring! Out of incompletion, any decision, whether it is marriage or sannyas, is changing from one jail to another jail! From Bangalore Central Jail to Tihar Jail you are not going to have any difference other than the language the prisoners are going to speak. Out of incompletion, making any move is nothing but a “jail change”! Out of completion! Please understand, this is the most important lesson a human beings needs to have. Every time look only into that Every time look only into that. Whether you are in a bad moment, or wrong moment or right moment or happy moment Many times, I have seen, people come to me with some big problems. I tell them, ‘See, externally what is the course of action is different. Internally create Completion. I will support you, I create a space, your problem will be dissolved.’ Once it gets dissolved, they come with so much of excitement and bliss and tell me, ‘Oh, Swamiji, I am so happy! I am out of the problem!’ and all that, but they forget that even this moment they should continue to hold on to that Completion. They think the Completion is like a solution for one problem, and they solve it and now they can throw it away. NO! Even while you are in the excitement that you are out of your problems, please continue to be in the space of Completion, so that you will establish such a space. You will not only never get into this kind of problem anymore, you will not allow any other problems anymore, it will be such a joy. Not having problems alone is not life! Life is something more. Unfortunately, you start living in a basic survival frequency I have seen, when I initiate people into Completion, the moment they are out of the problem, they stop Completion. They stop feeling the necessity for Completion in life. No! I tell you, do this like a religious, rigorous ritual; rigorous, religious ritual: Every night, spend at least twenty-one minutes doing Completion. You actually don’t even need to search for incompletions! It will be there! The moment you sit, whatever comes up in you will be incompletion! Complete with that! God has sent you with automatic programming! The moment you sit, whatever comes up is incompletion Complete with all that! In all our schools, gurukuls, ashrams, I make this as a system. And now I am declaring very clearly, this should be the lifestyle. All our devotees, please understand, now I am making a very clear statement. I am not expecting you guys to do any other Kriya, any other Yoga; those things you can pick and choose; whether you want to practice unclutching, whether you want to practice Nithyananda Yoga, or whether you want to practice some diabetes Kriya, those things you can pick and choose as per your requirement. Only thing I will request you is, at least twenty-one minutes

of Completion every night before you go to bed I tell you, just by Completion I am learning Hindi now! I am not doing any other specific thing. I’m just sitting and saying, ‘whatever may be the reason’; you see, whether fortunately or unfortunately, my earlier two incarnations also I was in the South. The first, I was travelling all over. But in those days, unfortunately the language ‘Hindi’ was not developed; it was all Sanskrit. And then the next one, I was completely soaked in Tamil in Madurai So this language bio-memory was not at all there as a part. Now, I am completing; just by the Completion and creating a space for language, I can see, in my communication system Hindi is becoming a part. I am telling you this for all of you to understand the power of Completion! It is not only a problem-solver, it is a power-giver! Please listen! Completion is not just a problem-solver Many times, people use Completion like toilet a paper: that’s the right word I’ll use! You wipe and throw it away! Over! No! Completion is not toilet paper. It is an eating plate on which you have to eat every day It is a power giver. It‘s a food. Not even eating plate; it’s a food! That’s the right word I will use. So, even if you are out of some problems in your life, what you think as major problems in your life, because of your decision to live Completion, please continue to be complete; please continue to do Completion, because it will create such a powerful, beautiful space in you, so many things will happen in you! So many things! I tell you, many extraordinary powers will start expressing in you! You will have intuition! You will have powers! Please listen! Assault, or attack or rape does not mean only invading into somebody’s physical space, and physically forcing them into sexual act, or sexually exploiting them No! It is one small definition; even if you enter into somebody’s space without their permission, and defame them and abuse them, brutally without listening to their side of the story, it is rape! I may give a new name to it, ‘Identity rape’. That is more powerful, worst torture, than physical rape! Physical rape ends in few minutes, or few hours. Of course, you have to psychologically recover after that, but this identity rape is such powerful torture! Abuse! I tell you, I have gone through the identity rape. From my experience I tell you, the only strength I had to recover and recoup, because everything else was taken away from me; whatever you call as a social strength, whether it’s a money power, organization

power, even the power of convincing others with your ideas; even that is a power, inspiring others with your ideas, even that was taken away from me by banning that I should not to talk! The preaching ban put on me! I don’t know in India, after the freedom, anybody else has gone through this where their fundamental right to speak is taken away! But, I tell you, even after all that was taken away, actually now when I look back, I understand, Kaalabhairava wants to tell the world with an example, that without any power; just by one power, a person can come back and rebuild the whole thing! That is the power of Completion! I only had one power with me! Please understand, when I was literally identity gang raped by yellow journalists, and blackmailing media, paid media and by sadistic popularity seeking police officers. There are some police officers, if you just get the cameras, just for the sake of media, media pressure, they will do anything, and they don’t care about legalities! They don’t care about law and order, law of the country, law of the land! The powers being misused, abused! I have gone through that whole identity gang rape! I also wanted to give you the good news! From this whole thing, I came out just by the power of Completion! You do not know what Completion can bring to you! See, I went through the identity gang rape is a bad news for you, but I have a good news for you; I came out of the whole thing, got everything re-created, rebuilt in a much better way, just because of the POWER OF COMPLETION! So, that is why I’m telling you, make Completion as your religion! Make Completion as your spiritual practice! Make Completion as your life! Maybe for the sake of new viewers, visitors, I’ll define Completion once: Going through your past with a deep attention in the present, but completely disidentified with it! Have a mirror in front of you, just like in those days, in the purana movies they show, in the mirror the whole scene is shown, how a queen is kidnapped, or a princess is kidnapped; the whole thing will be shown! Just like that in the mirror in front of you, see your whole past with attention, without missing a single incident, visualize and start seeing, with your attention established on it but disidentified with it! Please listen! Whenever you give your attention to something you identify with it. Whenever you disidentify from it, you take away your attention. Now the whole twist, the important thing you need to know is, you have to give attention, but not identify with it. That is “Completion”! Giving attention without identifying, is “Completion”. That is the secret key! That is the secret key!

Listen! Every day, live Completion at least twenty-one minutes. If you can sit for one hour, that is great and best. I can say, a Sannyasi has to sit at least one hour in the space of Completion A person who wants to become a Sannyasi, or who is a Sannyasi, even if you are a Krama Brahmachari, Krama or Naishitika or Sannyasi, or Rishi, or Rishikul, at least an hour in the night, sitting in the space of Completion should be done! I am also very seriously contemplating to start one more satsangh every day evening from 9 to 10. So, soon I may launch this one more thing. We are waiting for the infrastructure to be ready. If you attend any one satsangh, that is also okay; that’s enough. But whoever has the time, whoever wants, whoever wants to listen to one more satsangh. Both will be in English only. Morning 8 to 9, and night 9 to 10. Because, in some countries, people are not able to see this time (morning in India). This time is night time for them So, I‘ll be answering your questions and giving more and more knowledge Actually, when I start speaking only I understand so much needs to be shared! I have to speak on so many scriptures! Still I have not completed the major Hindu scriptures. I only touched and opened. I have to complete at least the major Hindu scriptures like Ashtavakra Maha Gita, Patanjali Yoga Sutras, Spanda Karikas, Guru Gita, and Brahmasutra completely, all the 108 Upanishads! There is so much! So much! I will dedicate one satsangh just for this “Shaastra Series” – Scripture Series One satsangh I will call it as “Shastra Series”, means, making the scriptures as a weapon, tools to live your life. So, may be, one we will call it as “Smriti Series”, one we will call it as “Shruti Series” – “Nithya Shruti Satsangh”, “Nithya Smriti Satsangh”! Because, I feel people should have Completion as a lifestyle. I‘ll reach out, reach out, reach out, reach out, and reach out! Continuously, tirelessly, I’ll reach out to people just to teach them the Science of Completion!

I bless you all! Let you all experience Integrity, Authenticity, Responsibility and Enriching with eternal bliss, Nithyananda! Thank you!

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Italy: fighting the cultural digital divide with an "internet evangelizing show"

Good evening everyone let’s talk about the internet Before we begin I want to ask you a question What is the first image that comes to mind when you hear ‘the internet?’ – What comes to mind? – Email – or else ‘the at sign’ – I also hear – face book- Technology – it’s all about technology The first image that comes to mind when referring to the general public when talking about the internet are these: wires – technology After 10 years of living on the net I still can’t make them out They don’t make sense to me whatsoever Take the brain for example I don’t look at how the brain is made but rather what it is capable of doing – its potential The same goes for the internet I don’t look at these cables which resemble a ball of yarn but look to their potential So many things that are said about the web are distorted and the information they deprive us of is actually relevant This evening I am going to touch on the very aspects of the internet which are misrepresented to the public everywhere not just in Italy The web is an organism How is the image of the internet depicted? The typical image is that of connections links and computers but something is missing in this depiction What’s missing? – The people The people are the fundamental element It’s like buying a wonderfully packaged bottle of wine without the wine It’s missing the very reason why that bottle was bought in the first place This is exactly the same thing with the image that is depicted of the internet world wide, it is a depiction where WE are missing The Internet is not about wires -It is about the people We create the web This is an important aspect because people are now connected to one another; we have created this well-constructed world and have united cultures

The social network is by far one of the most important aspects of the internet We are talking about a place where people have a fundamental role in aspiring to reach their goals I want to present some interesting facts that you may find interesting regarding the dimensions of the internet that are not stressed enough Let’s begin with email How much email do you think is sent every second? – 100? – 1 000? – 5 000? 2 million emails every second over the internet How many direct messages from Instant Messenger in real time? How many messages? Billions? In actuality, one million messages are sent every second How about clicks? How many clicks do you think are sent out every day? An estimated 100 billion clicks per day The amount of digital information created and passed around the world has reached 7 tera (7 Trillion) per second on the internet The final two interesting facts are in the number of links which allow us to navigate from one site or page to another And the other is the number of transistors the transistor being the piece of metal which makes the calculation, the data processing The number of links has reached 55 trillion with a quintillion transistors – these are absolutely phenomenal and incomprehensible amounts Given these numbers, some scientists and scholars have started looking at these facts from a different perspective The correlation of Links and Transistors are similar in numbers to our own Synapses and Neurons respectively, concluding that we are in essence creating a living being The internet can be equated to the human brain with the exception being that the human brain does not increase in computing power every 18 months So this means that we are creating a master brain This is an intriguing reality because in the end, what we are referring to is a living organism Just like this small animal, it is a young organism that resembles us more than we realize We are the ones who are giving it life, nurturing it and allowing it to grow It is a living being that breathes, acknowledges and inputs – it is alive This young organism can also be equated to our own DNA To a certain degree we can say that the internet is the DNA of our species What is DNA? It is something that archives who we were, who are today and what we could be Internet, to a certain degree can be seen as the DNA of a new species the species to which we contribute We need to be aware that we are in a situation where we are involved with a living organism If we look at these flights – looking at them from a different perspective they take on a life form Such is this living organism that when we look to technology we can see that it is something with a pulse, something real Ping Pong and the Web In my opinion the closest thing to the internet is Ping-Pong Justifiably, you may be thinking why Ping-Pong? I have always had a passion for Ping-Pong Although I have never been any good at the sport, I thought I would demonstrate just how correlated it is to the web The Internet is an opportunity It is a practical thing

Inspired by Tim Farris, Author of ‘The Four-Hour Workweek’ where you learn for example, the alphabet in 3 hours, I thought I would show you something new, something different in a short demonstration So for the past few months I have been studying the art of Ping-Pong and thought if this experiment pans out I will bring a skilled player to do the demonstration with me who couldn’t even hit the ball with a paddle So the experiment for this evening will begin here, I will play against the experienced, yet not professional player to demonstrate the power of the internet to you this evening (..One moment… Gianni has he arrived?) (Hello…) (but, I wasn’t expecting a Chinese person, I was expecting…) (excuse me one moment please…) (no, ok.) Apparently one of my friends has played a practical joke on me, I was expecting a regular player, but as you know the Chinese have an affinity for Ping-Pong and won at the last Olympic Games (Ok, so are you a skilled player?…) (no please stay… please don’t take us for rude people,…) (Ok, do I have a paddle for myself?) (Ok so I will give it a try, what do you think?) (How do you hold it, like this? Ok.) (One moment while I take off my jacket…) (He probably wanted to make me look like a fool tonight…) (I will be right back.) (Ok let’s try…) (just being able to serve is already a big deal.) (I have watched a lot of videos on youtube…) (Should I serve or do you want to go first?) (ok…) (so this internet isn’t so bad, right?) I was obviously pulling your leg tonight, the internet, doesn’t perform miracles yet I have been playing Ping-Pong for years, but it was an entertaining way to introduce some key elements The first being language If you were to speak to a Ping-Pong Trainer it would be as if you were speaking to an Internet Guru Both would speak to you about conversation, communication, space and time So if you think about it, they are in essence the same thing In reality Ping-Pong, like the internet, is about dialogue While I am playing I have a dialogue with my opponent I observe how she is positioned, and everything that she does So from this perspective we share a continuous dialogue I never play alone; I always pay attention to my opponent (How nice she even smiles at me while we play…) (but if this were a competition she wouldn’t be so nice… ok…) The other aspect is Time Time is completely different both on the Internet and in Ping-Pong I will give you a practical explanation Time as you can see here can be impeded or expedited Therefore I regulate the speed As with the Internet, I choose the pace The next aspect is Space

Space on the internet and in ping pong is the same thing I can be closer, or further away, I can have a completely different space (Let’s give a round of applause) (she is one of the top 100 Ping-Pong players in the world.) Approaching the web What kind of approach can or should we have in this hectic life? In my opinion one should adopt a courageous one Like this bird that defies the rules Optimistic or pessimistic? I would say moderately optimistic but moderately so Why moderately optimistic? Because like our friend Albert said, the web is becoming perpetually easier With every day that passes it becomes even more so You don’t need to be an expert to use the internet Sometimes people are under the impression that in order to use the internet one’s skills must be as sharp as this young lady’s ability here to pile glasses in record time On the contrary, it is actually very simple It takes common sense You can take a simplistic approach to using the net without analyzing anything You don’t need to look too digital Like this sign from a store in Rome, attempting to present a digital image when they probably only sell electric ovens We have a network that is here to stay Here we have a sign that says: Internet will not listen to reason Personally, I equate the Internet to a relationship We can generally agree that women are complex human beings right? They say “no” when they mean “yes” and vice versa From an IT background I never know how to interpret women Men on the other hand, are simple We are simple beings Matching these two worlds is not easy because even their needs are different However we still have to make the effort to make the relationship work Otherwise we would be isolated and alone in our nests Why take on an online relationship? What are some useful things we can do? We can do a lot of things, but most importantly we must be passionate We can put passion into the relationship Rowing, rowing in the same direction is never easy, but it can be done It cannot be bought Romanticism and courtship are fundamental on the web So at the end it can be achieved Will there be disappointments? Yes there will be But you don’t need to get wrapped up in this aspect Who here has been let down in relationships? I am a black belt in love disappointments, so don’t be shy Ok so there have been disappointments Whoever didn’t raise their hand either lied or will have one very soon We have already recognized this evening that the internet is very much an organism It requires a correct approach – professional but not necessarily by a professional Before getting into it you have to get your hands dirty, using it and testing it out in order to come to your own conclusions It’s not as difficult as they make it out to be Now there are just two elements missing to establish a baseline for the internet

Base Rules of the Internet A fundamental need of man is that of being connected Internet is a connection tool Everything that has been developed comes from this basic need Let’s take these two balls as an example So here we have two balls – I am a bit obsessed with ping pong but I assure you it is useful One of the fundamental problems that arose with the birth of the internet was that scientists said: How can we move a bit (information) from point A to point B in the most efficient way, in the most simplistic and time efficient and correct manner? They started brainstorming and came up with a series of theories There were two fundamental theories The first theory was that of making the web free Totally free, meaning that one could connect to anyone with any type of connection without a central point of passage The other theory was that of creating a hierarchy: an authoritative control that decides everything that happens I now need one volunteer from the right side, and one volunteer from the left A simple example The right side has to pass the ball all the way to the back aisle in any way possible – be it from passing, throwing, or running with it Whichever way you want, the objective is for the ball to reach the back On this side however you have rules, you must pass the ball from the right to the left and so on and so forth until it reaches the back row I will be the impartial judge One…two…three…go! Andrea’s throw has already reached all the way to the stands On the left side it is taking much longer let’s give a round of applause for the right side This technical structure has created epic changes Why? Because on this side I don’t have to ask permission, there is no authoritative figure deciding whether I can publicize something or not If I want to do something, I do it and that is the end of it I don’t have an Internet panel of judges that indicate what I can and cannot do Therefore problems are resolved quickly The left side however would have experienced more bottlenecks in the event of a problem This has changed the rules because the two principles that came out of this were that A: everyone can connect and B: We can all connect to each other This has proven to be an epic change because it changes the balance of power It changes the power we possess We are free to do anything we want without asking permission Power – allow me to demonstrate A New Geophysics Our geophysical element, our way of life has changed

It has changed because we have become digital citizens We live in Milan, but we also live in London and Pechino at the same time We spend time on MySpace or YouTube – we are everywhere yet in one place We have the gift of ubiquity – omnipresence that thanks to the internet we are now able to have This changes the rules In this way we have a democracy that starts from the bottom up We aren’t constricted Even political boundaries are shifted The limits of the past are no longer present Even politics has gone through epic changes In the beginning we thought of using the internet to poke fun at politicians as in this world famous video of Bush and Blair singing in sync Or photomontages of Bush and Putin made out to look as if they were dating In the beginning the idea was to use the web to go to battle (from the citizen’s limited capabilities.) Then we understood that the web could extend itself much further than this The political situation in the United States of America has radically changed We have Barack Obama who runs the chance at becoming the first Black President of the United States thanks to the internet This video has circulated around the world It is a video based on Obama’s campaign slogan Let me interrupt here for a minute to give you two facts on Obama He has over 1 million supporters thanks to the internet Somewhere in the field of 220 million dollars raised online, 50,000 live (not virtual) events organized online A team of 50 people that create and upload videos for maximum exposure So we are talking about something huge! Neither Barack Obama nor McCain would dispute the importance of the internet as a discriminating factor in winning the election Without the Internet, Barack Obama wouldn’t be where he is today This is the site of the House of Commons If you go on the site, you will see that the information is there, but I dare you to understand what is being said The problem is the comprehensibility The problem is trying to comprehend political information in order to be actively involved in the first place The Internet from this point of view is fantastic because it can help us decipher what happens in politics in order for us to be involved Here is an important example Experts have created ‘tag clouds’ in Obama’s and McCain’s speeches that show which words, concepts and topics were used most frequently

It’s interesting because from this point of view the internet has proven to be very useful in taking the first step in information comprehensibility Technology is now used to keep us informed Another interesting site is ‘theyworkforyou.com’ The next step follows The political information is important but they also want to control what you are doing This English site keeps tabs on politicians, what they are doing, for whom they are voting, how much they earn, what actions they have undertaken etcetera All of this content can be found on this website At the next election it tells you everything you need to know and then you decide who to vote for The third step is in finding something concrete Take meetup.com for example, a site which is based on organizing meet ups with people who share the same interests This is the tool Beppe Grillo used to organize his events Regardless of your opinion of him, the most important aspect here is that thanks to the internet he has rallied millions of people to his events It’s not as if he used the telephone to organize his famous ‘V-day’ The Internet therefore is an instrument for information, monitoring and political action In Italy there is an incredible amount of room to grow from this point of view Unfortunately, many of our politicians believe that the internet is just virtual reality, something intangible – without substance which is not taken under serious consideration The internet hasn’t been virtual for quite some time now There once popular image of the ‘nerdy hunchback’ behind the computer screen no longer exists Technology is everywhere, take cell phones for example What are the three main things we leave the house with everyday? – Keys, wallet and cell phone The cell phone is something that is with us at all times which is also used as an internet tool Technology has moved from virtual to reality It is something that we use on a practical level Let’s do a small experiment to prove this point I will need one female volunteer Nice to meet you, what is your name? Giorgia Let’s give a round of applause to our volunteer Step on this pad and let’s see how virtual this experiment is This is a hula hoop – move your hips Evidently, technology is not virtual, yet to a certain degree it is still seen as fundamentally recreational The Internet in Italy

In reality cyberspace doesn’t exist Our world has changed and the internet has changed the universe in which we live This is prevalent worldwide yet in Italy we are still lagging behind with an estimated 6 out of 10 people that don’t use the internet I thought to myself, why are people not using the internet the way they should? And I realized that the facts just aren’t there More facts need to be introduced to prove that the internet is something beneficial and important before we can catch up I found this video called ‘shift happens’ which indicates that we are living in a time of exponential growth It’s a phase that is growing not gradually but explosively The number of online messages alone has outnumbered the amount of people living on this planet We have a series of interesting facts In the United States 1 in 8 couples has married as a result of meeting online These are simple numbers that help us realize just how essential the internet has become Searches – let’s say there are 3 billion searches every month, you have to wonder, to whom were all of these questions addressed prior to the internet? Take MySpace for example bought out for 580million dollars by Murdock If you look at the volume of visitors on certain pages on MySpace it would blow your mind Even a child would understand that these are incredibly high numbers In Italy we have this child, but he is very doubtful In Italy this distrust is everywhere among our population, still unconvinced of the power of the Internet It is still seen as a place for horsing around as in this video of one lucky guy that that travelled the world and took videos of him dancing in each city People associate the web with entertainment, interesting and at times ridiculous yet positive On the other side of the spectrum there was the misconception that the internet was a place for hackers In the beginning there were these incredible articles on articles The hacker ethic is a positive one, based on interest and the desire to share information and so on and so forth Where does this distrust in Italy come from? For the most part, it comes from the media with misleading information that has been released in recent years Most of the information was incorrect Nearly all of the information which should have become known to us on the importance of the net was not delivered Why? One motive is ignorance, some of the journalists and those involved in the media are simply not familiar with this sector Another reason is conflict of interest The internet can replace the newspaper or television, but the television and newspaper cannot replace the internet So there could have been some prejudice from this standpoint But this is pointless competition, the biggest media corporations in the world have embraced the internet, this is normal and should be this way What is the most popular television show in Italy? The answer is ‘zapping’

Most Italians spend the majority of their time flipping channels looking for a solution that doesn’t exist The solution is the internet If you want to be active you can’t turn to the television The way of living before the web was passive With the internet we have become active This is our opportunity ‘Sorry no Internet today’ Every time I speak in Italy and think of the internet that doubtful child and this board come to mind The Commonplace Internet ‘Dangerous’ is the most commonly used adjective in the media ‘ The Internet is dangerous.’ Perpetuating this idea of the danger of the net, having to be cautious of what you do or where you navigate In reality the internet is a replica of real life – our everyday life Prejudice always accompanies new technology The same was said for the railway In the 1800’s they agreed that it was a great idea but was dangerous because it put people in direct contact with strangers We are obviously all concerned about our children’s safety, I have two at ages 8 and 10 There are thousands of problems with any new space created by man It has always been this way We still have many unresolved issues We have a series of deadly sins that have changed overtime which is an example of the evolution of man We can’t discriminate against the web because we hear so much negativity about it We can’t limit creativity and imagination, our dreams by having a limited approach to the negative aspects of life; we have to have a balanced perspective The internet presents us with opportunities so let’s resolve the glitches This is the situation in Italy These are the latest statists on how much the internet is used in Europe Italy is in the second last place This is not a sustainable situation for the economy or our opportunities It is often said that Italy is an ‘old country’, but in reality it has nothing to do with age I could be 80 or 5 years old, the problem is the approach, culture and knowledge, not age It’s a problem of how I convey this world and how I transmit the opportunities which exist It is then up to you to decide In my opinion we have to renounce this unsustainable way of life We have to do something We have to do something now Codice Internet (The Internet Code)

I am doing everything in my power to convince you on the power of the internet At the beginning we talked about the problems with the web and its evolution; now we have to look at possibilities Besides being a nice sign, it is also a campaign we have launched that we are introducing having to do with a much bigger project called ‘Codice Internet.’ So we thought – let’s do something about this situation in Italy I will now show you a video related to Codice Internet Politics Rights Economy Science and the Environment Society Information Culture In reality Codice Internet is about bringing the Internet to the people This project will include public events in town squares, theatres etcetera We will bring out experts, companies and institutions in every sector and will find people to come forward with their testimonials The message doesn’t always have to be intensive and bothersome The web is neither It’s a part of our life; a useful part of our life We can’t go back now, this is an inevitable passage There were more than 500 photos like these taken in Milan in the span of 20 days to deliver the message that everyone can and should be involved Codice Internet will contribute in taking a step forward and bringing about the change that Italy needs The Internet and the Economy Economy means business; the world of business The economy has radically changed over the years It has experienced a complex twist with the internet Why? Because this was the only way it could have gone This is the truth The internet couldn’t but only cause a world shift In the beginning it was said that the internet was not to be relied on A little bit like this guy that puts a nametag on the girl he slept with that night to remind him of who she was in the morning In the beginning the internet was thought of as something untrustworthy But the reality is that the new generations are already digitalized

The numbers on the internet are strong and significant The numbers are strong Microsoft makes 50 to 60 billion dollars a year, while Google earns an estimated 20 billion We see exponential growth in every sector, strong steady growth and technology is becoming increasingly easier Cisco Systems creates these monitors where you can conduct conference calls from different parts of the world side of the world easily and effortlessly appearing and feeling live It may be expensive technology but it exists Here we can see New York, Pechino and San Francisco In this conference call. We are everywhere yet in the same place FREE Before turning our attention to the opportunities let’s talk about this word: Free On the internet everything is free This has become a big problem Just because everything is free on the net it doesn’t mean it lacks in economic opportunity This is Chris Anderson, in my opinion one of the brightest scholars in the IT field He has formulated his own theory on this idea of ‘free’ If I were to sell you a perfume, I am actually selling you 99% of the product and giving you 1% free by way of testers The opposite is true for the internet 99% of what is offered on the net is free and you pay the 1% that 1% covers all of my costs This is very interesting because everything that comes in contact with the internet enters a new logic Let’s look at music for example When we talk about music I need to see that what becomes digital is easy to copy at close to zero cost to me So I need to find a niche in the marketplace where I can turn a profit I cannot gain capital in that which is abundant Prince is a perfect example, why do you think he gives his music away for free via email? Because he makes his money from his concerts He changed his way of making money Another example is low cost flight companies I give away the ticket and sell the extra services Why can’t this type of business extend itself to other sectors? How about this automobile company They give you the car for free and you pay the top up fee, just like cell phones, the phone is free and you pay for the top up When you think about it, a car is merely a chip with wheels Everything that can be digitalized can be marketed in this way When discussing earning potential we have several ways of making money There are millions of job websites Sites like e-lance put you in contact with the people you need to get your project moving You need a programmer to create new software, you have the idea but you don’t know how to do it this site will put you in contact with the right people to get your project moving If you have a great voice – give voices.com your voice over services EBay is another important example, having incredible numbers in Italy with approximately 16,000 people earning a living off EBay This is very interesting because Internet makes you earn

If you have a particular niche in flute beat boxing as this artist does, you can have great success on the internet So what is the important thing to look at here aside from this young man’s talent? How can someone like him earn a living? Kevin Kelly says that in order to earn big bucks you have to aim for a blockbuster hit I have to have Britney Spears’ fame Let’s say I am an artist, writer, singer etc How many fans and how much money do I need in order to earn 100,000 a year? The calculation is easy I have a curve and I have to find myself within this curve with 1000 true fans meaning fans that buy my paraphernalia A real fan brings in 100 dollars per year At that point if you have 1000 real fans you have reached your goal How much time does it take to recruit these fans? If you get a fan a day for a year within three years you could reach your goal So this is an interesting theory The economy is a changing sector very practical and rich in internet earnings with people that make a living thanks to the internet The society and the Internet This is the most viewed video on YouTube This is another example, take a look then we will discuss it Aside from the fact that these ‘backdormitoryboy’s” faces are unusually unique,

pay attention to the poor guy in the background that is trying to do his work on the computer So why am I showing you these seemingly nonsensical videos? Financial gain – After broadcasting this video they have had numerous job offers Let`s pause for a minute In reality there is a lot of fluff online, you see it’s true But there are also very incredible things that I can learn depending on where I direct my attention Another important consideration is the low investment risk The cost of bankruptcy is low Evolution and innovation all comes down to how much failure is going to cost If I have to invest a lot of money or mortgage my home for one of my ventures I would think twice before starting up If for example to put a video online, or invest in an online business or project cost very little, if I go bankrupt it would be at such a low cost that it is worth taking a step forward in achieving my dreams This means that a billion and a half people online go bankrupt all the time With each bankruptcy innovation rises exponentially Of course it all comes down to the visual It depends on what I watch and what I want to watch online And this brings us to the absurd There are strange people online We internet people are strange; we are not that normal we have strange tastes and habits People wonder what it is that we do online Naturally even the absurd is a target for prejudice After a decade of these prejudicial attacks you have to say enough is enough – let us live! Here we have a site of photos of people jumping on different hotel beds, finding themselves in the strangest positions, point-blank there are strange people online The absurd is always part of who uses the technology first Just like the first person who bought the fax machine Poor guy had no one to send a fax to His absurdity was fundamental because he propelled others to buy fax machines and contributed to the development of this technology Technology is power Let me demonstrate this video by Peter Gabriel called ‘The Hub’ – an online platform allowing anyone to use camcorders, cell phones and cameras to upload, share, and discuss human rights-related footage, as well as organize advocacy campaigns Here we are using technology to change things where we can subjectively have an impact Why do regimes block technology? Why does China restrict access to the internet? Because it is an instrument that can topple the balance which once existed Isolation and the internet Isolation is another popular misconception with the internet With Isolation we have another prejudice my mother used to say “Marco what are you always doing online” The idea of isolation is that it is the web that brings isolation

They do not see it as a tool for communication, but rather as something closed off from the world A nightclub with blaring music, leaving people unable to communicate and interact effectively is deemed social However communicating online speaking to whomever I want at my own pace is isolated? Then this isolation can also be likened to another recent technology – books If you observe people on the subway or in the library with their books in front of them – they too seem isolated It`s just a matter of bad timing not isolation You can`t look at the internet in that moment, or the person that is reading a book You have to look at her as a person that is studying something and you can speak to her later because at that moment she can`t listen to you This means that we possess a powerful tool because this world here allows us to fight and resolve some problems that are, for example, associated with the internet This is isolation Internet is the remedy for bringing generations and cultures together The other day in Duomo Square we were discussing the internet with other experts divulging information about the web to the general public At a certain point a woman in her 80s with enormous glasses raised her hand and said, “thank you very much for the discourse but I already have two sites and a blog so I would appreciate if you would give me more precise information My grandson is coming over soon and I don’t have time to spare.” Internet is the solution to isolation Let’s do another experiment We hear a lot about videogames, and even they are viewed in a negative light when tragedies and murders take place In reality, there are also constructive aspects to videogames We have put a sensor behind this screen, if we raise our hands this sensor will pick up our movements We have an old videogame here, when we move the bar moves We are phenomenal! Give yourselves a round of applause We can even get by with videogames!

Let’s continue with the opportunities online Culture and the internet Intellects and scholars have always looked at the net with scepticism because an extraordinary opportunity like the internet above all the possibility to publish online has overridden permission The permission era has ended I don’t need the go ahead from anyone to run my blog online I don’t have to ask permission to put up articles pictures etc I do it and that’s it This horrible white information page was the first published web page by Tim Berners himself Since then there have been over 1 trillion web pages published online I can’t even get my head around how many numbers there are in a trillion This radically changes our perspective This video was part of an event called Pangaea Day An interesting experiment, Videos were taken from all over the world to see the world from another perspective, uniting different cultures Wikipedia is another cultural example Wikipedia is an online encyclopaedia made by users The idea was to work altogether to create an encyclopaedia It’s like saying let’s make a skyscraper and me saying you give me an architect and some bricks, pass me the elevator In reality, Wikipedia has 10 million pages translated in over 200 languages Culture is sharing knowledge Let’s take MIT for example – known for its brightest scholars MIT has put free courses online from their top scholars – you can go online see, read and study their courses without paying a dime It all depends on you and your interests You can expand your knowledge with a whole world of information that was once inaccessible The web has overfilled empty cultural space This is very interesting because this wasn’t possible before Culture once only belonged to the few now it is something we all share It is really a way to reach our goals It takes training so we need to find new support It is something we have to get used to and this is not easy It’s just a matter of training one need only train to adapt to a new scenario The search engines of today are a database of knowledge Our goals are found within this engine All of this knowledge is emitted – it is not static or lost Internet and Pornography When we think of the internet we have a fixed idea that there is a lot of pornography

Is there a lot of porn? Yes, but there are also sweet videos like this one of a women with her children laughing in sync (Now imagine them crying all at once.) The internet is sharing Sharing is not easy – at the beginning there is always distrust When I saw this video I thought it closely reflected the internet At the beginning it’s something that you keep at a distance because the culture is dubious When you open yourself up to it however you realize that there is possibility This guy goes around town holding a sign which reads – free hugs to test the public’s response At first nothing happens then the situation starts to change I hate talking about theoretical things because life is a made up of little things I want to give you another practical example One can find useful information online in many areas of life When I lived at home with my parents I used to throw my clothes in the laundry room, leave, and find my clothes neatly folded in my dresser the next morning I thought this was magic until I moved out on my own and realized that the clothes didn’t clean themselves I started to realize that growing older also meant learning to do new things One thing that intrigued me the most was folding clothes I am an IT Expert so I am maniac when it comes to folding my shirts I think of the most precise way to do it in the least amount of time If I save 7 seconds here I can put those 7 seconds towards work I need a single male up on stage Here we have a table and a t-shirt Marco you have to try to fold this shirt in the shortest time possible,

but you have to fold it well Now I will do the same thing I am not phenomenal at this but let’s see if it works 1, 2, 3, 4, 5, 6 And there you have it When I learned this technique online – I thought to myself- this has truly changed my life Culture can teach so many things from the most effortless to the most complicated (I tried to do that experiment with long sleeves but it didn’t work…) Information and the Internet Information is another sector that has changed forever on the net because we do not only search for information but we also produce it We produce, save and move it around. We categorize it and classify The way we classify information changes the way we retrieve it I could find out anything imaginable I am not fond of art at all but this video intrigued me This video was put together as a sequence of images, photos and portraits of a woman It gives you the idea of possibility; the possibility to understand and explore It’s something different A sensation that is beautiful and interesting Tools are another aspect that changes information Take Microsoft Photosynth for example This is free software that takes photos of different people and reconstructs one unique image If I take a picture of this theatre, and everyone takes a picture based on his point of view, this software reconstructs the image based on everyone’s point of view This has an incredible impact on information because it takes us away from the chain that we had before in respect to traditional tools like the television The internet has resolved this problem Here we have another classic example Non-existent information This is a montage of videos of people that don’t speak This video is called ‘No News.’ With the internet we no longer require anchors to feed us information

We become the media We have become the protagonists and really have the power to act We have the opportunity to be part of all of this information The authority depends on us If you are an expert in your field I will go read what you have to say/offer Irrespective of being a journalist This has changed the way information is made It’s clear that if I tell you that to withdrawal money from this ATM you will have to solve an algorithm, it would obviously be difficult for you If I make the internet out to be difficult, it would clearly be a problem for a person that is unfamiliar with it to confidently say that he can use the web Information Protagonists The gentlemen in the background holding the cell phone is world famous blogger Robert Scoble He is recording an interview with Bono from his cell phone, from his perspective You might be thinking that he is just taking a video with his cell phone but in actuality he is recording a live stream – sending the footage directly to his website It is his way of sharing information and using technology that changes the rules We all have a cell phone – we tend to believe that high profile Americans like NASA, NCA, and the most powerful agencies, have this technology But we all have it This is a regular cell phone which can be bought at any store – with this cell phone I can record this event and put it directly online from my perspective When they say that technology and the internet are difficult as soon as you get into it you realize that it is not so difficult after all, some things are but not everything Most tools used for broadcasting information are user friendly The rules of technology have changed, and we have become protagonists of information we can document information from everywhere and have become the media Dan Gilmore wrote ‘We the media.’ We are the new method of diffusing information Videos have great significance from this point of view This is the first video to be seen on YouTube Important fact: in 1948 the American Network ABC went on air – just to give you an idea of how fast information spreads online – In 60 years ABC has became the third leading network producing 1 million and a half hours of material YouTube reached these numbers in 6 months One may say – the merit of the material produced must also be taken into account We have to look at the phenomenon of video broadcasting online

that is growing exponentially because of technology like the cell phone The cost of video cameras and computer software has come down dramatically Everything is much more accessible On YouTube alone there is an estimated 13 hours of footage uploaded online every minute at this time Blogs A world of information at our fingertips, information meaning communication and it means finding out what the tools are Blogs are a simple tool to publish any type of information online When you say the word ‘blog’ you see reactions from people that indicate a far off world, something out of our reach and far from our daily life Let’s see how difficult it really is to create a blog This is a site where I can go and create a blog So we need a name – I LOVE INTERNET (We are already ahead with the English language) Now we need a web address We have to decorate our site – which color? Orange, ok The site was made so I can start using it quickly; if all goes as planned our blog should be done We just need to publish our first article, video etc Let me give a suggestion for the title – HELLO WORLD Now if we click this – publish site – we have created our site We can put anything on it Applause to you for creating your first blog Internet and the Future Jorge Luis Borges said “we are the time” It is a phrase that got me thinking, if we think about the growth of technology, time doesn’t exist I have brought this graph which shows the growth of technology over the last 150 years

How technology has developed and how much time it took to grow and defuse among the public For every sector from electricity, the telephone, the computer, television, radio, cell phones to the web are important facts, because if we go inside this data we will find information that doesn`t usually come out It took 46 years electricity, 35 years for the telephone, 31 years for the radio, and 26 for television, 16 for the computer, 13 years for the cell phone and only 7 years for the internet What can we deduct from this? Time is always faster than before, the evolutionary process accelerates exponentially not linearly, it is not addition, it is a multiplication Every phase introduces new methods to create the next, if I didn’t have a cell phone today I would communicate at a much slower pace With new technology I grow And the growth is continuously faster There is no more time – we don’t have the luxury of time anymore We can no longer wait for what we are talking about this evening If we look at the growth of the internet from when it started until now it is a growth that makes us reflect At first it rose slowly Then it started to grow This fact makes us realize that in 1995 it went up a bit Then technology started to merge, computers and servers started to expand, in fact this is a neutral graph which summarizes the number of servers and what has been the growth of the internet over the years These are facts that we can take with absolute certainty In 2000 the internet hit its peak but then there was the world wide crash in the stock market and the internet The internet went down even now companies don’t believe in the web but this is wrong, the internet continued to grow and continues to grow and it cannot be stopped We can’t wait We either get onboard or we get left behind The internet is like the alphabet It is part of our lives The information begins on the web and reaches regardless from the inevitable future We have to truly understand that the internet reflects on our lives Our liberty depends on the internet The world has changed This is an incredible opportunity- we can actually change the world

We are the internet Thanks to the web we can be much more Thank you!

Uncategorized

Bitcoin (BTC) Remains The Best Performing Cryptocurrency

This is going on snipers Nayeem a little baby here. I hope you’re all enjoying your day today Let’s go ahead and just dive right into our daily cryptocurrency content and analytics for today We’re gonna be talking about Bitcoin being the top-performing Cryptocurrency since January of 2017 if you’re a long-term investor of Bitcoin You must be doing very well and then looking at the Bitcoin technical analysis as well as some headlines today Let’s first dive into the TA here. You can see with Bitcoin We bounced right on top or right a below that exponential moving average Which is depicted here in red showing signs of weakness down at these lower levels So we’re gonna have to watch and see what happens with this our size We never crossed above 40 yet Which means we may now see this our side dip back down to that 30 Possibly double bottoming as we saw previously before seeing any higher highs. So we’re gonna be watching this RSI level right here below 40 and we’re gonna see whether or not we can break that 40 knowing that that is a Neutral zone we want to eventually go above and ideally see this RSI Hopefully even if it drops back in double bottoms go back up here, maybe see a little bit of resistance But then finally break through that 40 and then find support alongside that RSI and that would be the ideal scenario for us to see with this RSI Movement and I think the RSI is the best indicator to watch right now on the daily to determine where bitcoin is headed understand that We still have a little bit of a cushion right now for us to double bottom around 6,000 as we had previously saw a bottom of around those levels, so we pretty much have a gap between 6070 300 for us to go down and then once we see that sell-off will most likely Exhaust the majority of the sellers here on the histogram there for allowing Bitcoin to finally see its Swing high occur to the higher side of this pennant Which doesn’t necessarily mean that’s gonna be the breakout period we can still see a retracement From that known resistance of around 10,000 before seeing any sort of breakout to all-time highs So hopefully that was a good understanding of where we’re currently at with this market a couple headlines I do want to talk about you can see here. Wall Street is losing young talents to the crypto industry so if you guys don’t know consensus recently happened here in New York one of the largest cryptocurrency conferences and from the team from snipers too that were on the ground at Consensus what I got from them was the fact that the majority of the people there were either extreme hardcore cryptocurrency fans, or Wall Street suit-and-tie individuals and professionals and corporate individuals and the cool thing about it is the fact that the majority of the booths there were actually by banks and hedge funds being The fact that they obviously have a lot of capital but also because of their interest in this market and we’re seeing here a lot Of young talent going into the cryptocurrency world rather than just sticking to Wall Street so so to be exciting to see as more jobs occur here within this marketplace and then you can see another headline here one of Our topics in the title of this video Bitcoin remains the best performing cryptocurrency up 700 percent since January 1st 2017 and I wanted to talk about this article because I think there are a couple lessons To be learned in this article you see here It says Bitcoin down 50 percent this year, but still up 700 percent since the first of January 2017 so I want to give some of you perspective because January 1st, 2017 wasn’t that long ago and have you seen this article? It says you early Bitcoin adopters are doing very well. Even if they had had to suffer long bear market periods financial investors always advise diversifying, you know, we actually had a little bit of a debate yesterday in the comments people were like I don’t think that versification is a good thing in this market. Well, guess what? You can even see here It says as an investor You probably need a mix of long term and short term vehicles by knowing the differences between these two categories You should have a good idea of what to expect from your investment. That’s something we’ve talked about snipers do for so long. It’s diversification Allocating your assets properly not betting everything but putting all your eggs in one basket, right? you see it says and this knowledge can help you make those choices that are right for you because Trading is all about choices making the right choices. My mentor taught me this is very early on in trading say name a Trade is a choice that you make you have to initiate the trade before the trade happened So understand that every trader you make is a choice that you’re making All you need to do is make good choices and the mortgage choices you make the more profits you make of thereby Resulting in higher profit levels and for you to succeed in this market. So another headline article here South Korea, officially Recognizes cryptocurrency as an asset with measurable value. That’s another huge feat here in the cryptocurrency world Remember we’re looking for a mass adoption and it’s cool to see a country like South Korea if you don’t know South Korea is one of the most I Would call them the most adapted to cryptocurrencies right now they have tons of retail stores that except with no currencies, but the reason they’re so adaptable to cryptocurrencies is the fact that they have such a prominent gaming community and Because they’re used to digital cash and they’re used to like runescape dollars the League of Legends

League of Legend dollars or whatever world of warcraft dollars whatever the currency in those games are they are, you know? They’re comfortable with utilizing cryptocurrencies and digital currencies, which I think that for the majority of the world, especially with some of you Are you know, uh-huh? I guess you can call them laggards right individuals that are not necessarily on the forefront of technology It’s gonna take some time for them to get used to this digital currency this digital revolution But in my opinion it’s something that’s necessary But as we start to kind of shave off the older folks in the world I think the younger crowds will definitely be able to adopt this type of currency knowing that the majority of younger folks are on their IPads and their phones right now, and they’re just so used to utilizing this mobile device on a daily basis So it’s not gonna be too much of a transition Once the whole world is on digital currencies and crypto currencies, which is why I’m extremely bullish about this market I love this market. So another awesome news or announcement here Tron’s Maintenance than ten hours. There’s gonna be a live stream You can see we’ve got over six hundred eighty six people waiting right now and I highly recommend you guys check that out We’ll have the link in the description below but the Tron maenette will be launching soon and it’s only be whether or not Trance price is gonna go up or down during this may net so let’s see what everyone has to say here in the chat IPS says Diversification has kept me in profit through this bear market since January not as much in Profit as I was but no loss. That’s a good thing. That is awesome I love hearing that Dave Hubner says what up, Naeem from Australia I’m at work, but tune in on my phone love the live talk had his awesome, man Get your knowledge on the go if you guys don’t know by the way, we have our discord app And this is a free resource and community. It’s a 24/7 training community available for you guys for free The link is in the description below We also have a premium version of it where we post daily Technical analysis daily trend signals and daily market updates and that could be found under patreon.com slash snipers or under purchase premium in the discord but I highly recommend you guys get on our discord utilize the tools and the free resources that are available there for you and That is for those of you that don’t know about it. But let’s see what Somebody’s is day off today. And this is all I’m doing absolutely I am loving the market right now We’re consolidating right around that 74 7,500 with Bitcoin and in my opinion even if it sees it a little bit more of a drop we still have a little bit of a cushion right now and we Can see that RSI double bottom at 30, that would be the most ideal situation for a Bitcoin before seeing that reversal But here’s the point here understand this each and every one of you watching this video right now Think about this every time Bitcoin has hit under 30 and our site. Look what has happened right every single time we’ve swung back and seen a high we’ve swung back and seen a high right we’ve Swung back and seen a high we’ve swung back and seen a high every single time We’ve swung back and seeing high we’ve swung back and seen high. Well, guess what? It’s only a matter of time before we swing back and see a high so if your positions are down right now if you’re not making profit in this market if this market isn’t You know attractive to you right now. Guess what? It’s your time to make some money. You know, I think over the next few days dollar cost average new position into Bitcoin It’s probably the smartest decision Yes You might not get it at the all-time low if you want to wait for the all-time low You can give it a little bit of a couple days. But at the end of the day it’s gonna swing back You know, that’s the point of the matter if we were to make this into a song we should probably do it It’s gonna swing back. It’s gonna swing back. You know what I’m saying? Like it’s gonna swing back. So we’re fine Do you guys agree with me or not? Like people panic for no reason they’re like they expect it not to swing back But when has it not swung back? You know what I’m saying. Are you guys with me or not? Aldo says, yes Maximus says swing lower. Lol Dom says, it’s got a swing back baby. Pool. Villota says, yup M’dog has a question. He says please if institution investors buy over-the-counter then how would the prices go up retail investors? Sorry for my lack of knowledge. Well, not everybody does OTC transactions. There’s OTC desks and stuff where you can do OCC transactions Oh my gosh, by the way, my pennant here is not looking good. What the heck is going on here? These resistance levels are kind of off here. Let me fix this pennant BAM. That’s the pennant right there. Oh Man technical analysts You know, we have some I guess you call them Nuances that we have to make sure it’s correct. Somebody says name. I’d like to get you to 1 million Mm a PGX tokens. May I have your my ether wallet deposit address, please? I think your channel is awesome Well, you can message me on Twitter even or Avon at snipers, too And then I’ll send you my my third wallet deposit address You know, why because I understand this market you can send a pause to anyone and nothing can happen, right? You know people to understand this market and we have to educate people about this market people understand wall addresses. I actually Was at a conference and the CEO of this Peruvian exchange said that people were inserting their street address in

The box that said wala address when they were depositing and withdrawing coins Some people would buy coins and then put their street address. Can I didn’t know what a wallet address was I said address So then their subconscious said, okay, you’re at my street address, right? So it’s like we have to educate people on how to utilize this technology like you don’t want to ever send your private key But you can send your public key right because your public key is public you can send your deposit and withdrawal address because that some people can send and Receive money through your wallet, right? So people have to be educated about that type of stuff in my opinion. Everybody’s saying lmfao Can I get your private wallet address? Um, I’m fine Maximus I’d rather not somebody says 1000 likes for a swinger Pole. I’m sorry. That’s kind of inappropriate Peter says how is Ooty see working? How does it influence price in the end, you know over the counter transactions are where a buyer and seller will directly Transact Bitcoin with each other pretty much right, but it’s such a scam II markets actually Reliable market, it’s such a weird market that a lot of people don’t necessarily like to do OTC transactions But it definitely affects the market I think that over time you’ll see less and less OTC transactions as regulations and things matures So it’s just part of this early market adoption, right? You have to be Willing to deal with what an early market deals with right, which is everything we’re dealing with right now. So Hopefully that helps out Maximum says ding I try and compass pest control says I work in pest control seasons and cycles and I find interesting Why they call things ecosystems and organic revolving around cryptocurrencies there are patterns Yeah, everything in life has patterns right like Fibonacci retracements Like that’s a pattern like right now I can show you a pattern, right? This is an arithmetic Or an arithmetically validated pattern here, right? It’s called the Fibonacci retracement, right everything follows patterns so like for example for you to take this top right here and go to this bottom you can see how These price levels they correlate with each other right? There are price correlations we can actually go down to this bottom here so that we can see a little bit more of an in-depth view and You can see here like for example Actually, let’s draw the Fibonacci down to this previous resistance BAM so like if we were to drop the Fibonacci rotation, you can see how it respects The math right like we find resistance or support right along that point 2 3 right We end up finding Resistance at the top of the Fibonacci at the point 5 right as soon as we break through the point 5 we ended up Bouncing all the way on top then seeing resistance at the point 6 1 right? So all of this is data right cool thing here. You dropped below the EMA See this red line here as soon as we drop below this EMA guess what happened prices on it started to crash right? And Same thing that we’re seeing right now. We’re not going above that red AMA line. What does that tell me? Well, it tells me that bitcoins being pushed down right now and it’s not seeing strength of these levels We’re seeing a lack of volume, right? So there are still things in this market that we need to see in order to be confident that we’re going to start heading up but at the end of the day, we still have enough of a cushion to go down to at least at most 6,000 but for seeing this next trend back up or the swing high occur Right because the opportunity lies in these swings right you buy low You sell high you buy low you sell high and that’s really where the opportunity lies So let’s say you put in a hundred dollars right now your dollar cost averaging and that turns into one hundred and fifty in Five or six days well take out your initial investment of $100 and then leave your 50 in there Now you have free coins in the market. It’s called playing house money. So that’s the point here Even says I just smashed the likes button Awesome. Hopefully don’t smash it and break it Don’t break the like button guys Leah Sal says hi name is now a good time to enter a BA or should I wait very discouraged at the moment keep making bad moves in this market well, There’s only so many more bad moves. You can make until we start seeing this whole market start to swing back up So do we got positions what I like about EDA is you can see we’ve broke through that Resistance here and we talked about Cardno being a buy Two or three days ago right before we saw this exponential rub You can see we’ve got this very bullish reversal pattern here as well And in my opinion we’re gonna start forming that cup pattern So I think it is a good time to start dollar-cost averaging into Cardinal Not only that you can see we’re seeing a clear MACD crossover here as well sellers are exhausted I think Cardano is one of the most bullish tarts in this market right now I talked about that to livestreams ago And if you would have followed that you would have been in the positive and in the green right now because guess what? We’re going up and we’re continuing to go up And the reason I say it as you can see volume is increasing with the buyers I like that RSI already broke into the neutral zone MACD starting to cross over everything looks bullish here We’re above the EMA now remember that we talked about

Confirming by being above that EMA looking at EMA is pointing up if you guys don’t know how to use it EMA it’s almost like a Predictor of price right? You can see how now it’s pointing up when EMA is pointing up. It’s extremely bullish when it’s pointing down it’s bearish so you can see how we’re starting to curve and point up and that is an indicator of a Reversal you can see this bullish reversal with here. So it’s gonna be interesting to see what happens But in my opinion it’s a good time to get into car nada You can see we formed an initial fractal cup here and we’re gonna form another fractal cup makes a lot of sense here Maxximum says I’m waiting on your call on sis to make a bull run Sys BTC siscon. Yeah, we’re all waiting for Cisco in aren’t we? But give it a little bit of time, you know our size still kind of chillin there along the neutral zone MACD is just kind of chillin. Just give it a little bit of time I think you’ll reverse along with the overall market any other requests here. Do you guys have any coin requests? You guys want to look at any technical analysis here? Somebody says TRX. Somebody says xvg somebody says Theta I’ve never Seen theta somebody says gos theory and says AOS hourglasses thoughts on icon I love icon It’s a project that we called out several days ago and you can see with icon right now for developing satoshi value We had a huge bullish bullish reversal here with a nice amount of volume coming out of nowhere. We bottomed out at 30 So it’s a coin that we’ve been talking about also expect this to start forming that fractal formation as well soon So it’s looking at it looking really good We’re seeing resistance at that EMA If you want a little bit more confirmation with icon then wait for it to go above that EMA to confirm bullish Somebody says yo s let’s do a OS BTC Somebody says ontology What do you think about pip X? Well tons of questions. Can you tell us about 0x you got Daniel on the line mo Dom digi clear 333 chas kalenna Mike, k in the house Daniel in the house breno in the house Somebody says if you hit 400 likes, will you interview by telecommuter and yes, we get 400 likes will interview bite alikum uterine That would be really fun. Imagine that and now that likes care about people like vitality. I like that Somebody said very bullish on icon as well Vishal says hello, sir Farooq says theta is up 40% Alright, let’s do a oh s the u.s. Is doing something quite expected we talked about this EMA starting to converge with that 50-day moving average and it’s looking like we’re entering a Consolidation pair with Tron or iOS you can see we’ve got a descending resistance level here You’ve got this somewhat of a even support level, we don’t necessarily have Descending I wouldn’t call this a descending support level just yet or even an ascending support level I would just call a neutral. This is a descending triangle formation quite bearish however at the same time you have to understand that we saw quite a bit of exuberance with the OS if I were a Trainer I would set up stop losses for EOS right around that 136,000 satoshi range because if it breaks down from that support level it’s most like I’m gonna break down to further those but in my expectation right now, I want us to start performing this cup here this overall cup and that’s what I’m hoping happens right now because if we can form a cup find resistance post main net launch Form that handle and then break out two new highs that would be the most ideal situation for us and that’s what I’m waiting for To be honest, it is in a weird position because the main net launch is coming out soon The market is still bearish about to turn bullish and then it’s sitting right on top of the EMA and the moving average So it’s in a weird position one thing I will tell you is this another way you can play this is Put in positions right now because obviously we’d like you OS we know it’s a great project. We know it’s a bullish project That’s something that I’m long on and it’s something you should be long on in my opinion but at the end of the day we want to be Properly managing our risk. So what we can do is set up stop losses amongst that 50-day moving average here so you’ve got this red line here which represents the 50-day and Knowing that the 50-day in the past is acted as a point in which us saw a huge Amount of buyers come in. I think that knowing that that is a support level we can be confident in setting up trades and dollar-cost averaging right now while it’s above that EMA and Then still above that 50-day and then if it drops below that then that could be our first Indication at which we might expect further lows and that’s when you want to exit your position So I would be careful but understand the end of the day if we continue to form this cup we’re most likely not going to go below that 50-day if you have your stop-loss set that 15 in and you’ll be safe with the EOS That’s the best way to play this and let’s do that. Same thing for Tron because everybody’s watching Tron

Obviously the main that’s coming out soon So we might as well do a Tron analysis and I would say the same exact thing with Tron if you want to start getting Your position into Tron set up your positions, right? But then also set up a stop loss at that 50-day you can see these wicks jumped right on top of that 50s. So it’s an obvious support level, right? And Tron is kind of in that weird situation as well. I’m gonna be honest It’s an uncertain situation because fundamentally and technically there are two opposites right fundamentally You want to buy the hype and sell the news so we’d say we want to sell but then Technically we know we’re gonna see a reversal in this market soon. So that’s bullish right? So these two different Directions are kind of Battling each other we have to be cautious and aware of that So in order to do that I would manage your risk with that 50-day moving average on both of these place and I hope that could help some of you guys That’s my best advice of you guys are trading these coins right now Because remember if we see a sell-off just like we saw with vert right xvg in Anticipation of their launch. We saw this huge sell-off if you would have used that EMA here as an indicator of whether or not you were gonna set up stop losses and you would have been able to save yourself and then sell out before we went under a thousand Satoshi’s but now you can see we’re at 509 Satoshi so you could have saved half your investment if you would have used an Indicator like the EMA for example to know whether or not we’re gonna go bearish or bullish So you can see as soon as we drop below that EMA it was time to get out So hopefully that helps out Paul says TRX is better than sex. I don’t even think about that Maximus has bought TRX at two cents still holding cryptology cybermiles has been pumping quite a bit. Not sure why Peter says name I like how you vary the indicators on different streams. Keep it fresh. Absolutely Case and says, can you go over token mitigation for EOS and TRX would main it around the corner. I would just Research that we posted multiple posts on our discord about how to miter your tow kits properly. But make sure you guys do that Indian says why we need to set up stop-loss and lose our I can just hotter even if it’s going down Yeah, you can do that if you want It depends on what type of position you’re putting in, right? because at the same time you don’t want to hold the bleeding portfolio or a bleeding wallet why bleed out your portfolio if you can Save yourself some income, right? So it’s about preserving money and also gaining capital and gaining profits Kevin interesting comment says I think the most important thing everyone needs to understand is that you cannot truly analyze altcoins aside from Bitcoin because Ultimately control the price of every other coin So what I would say that is always use Bitcoin as your initial indicator entering this market So if you’re entering this market entering this altcoin market be aware of what cycle or where This market is in regards to its cycle and you can do that by looking at Bitcoin So first determine the cycle we’re in and then determine whether or not you want to trade those all coins So before you do tá with all coins do your TA with Bitcoin first as that initial indicator? Potter says true Raphael says I sent two dollars. What are your thoughts on CMT? Let’s do CMT. Thank you for the super chat Raphael will do a cybermiles Analysis here. So I don’t really like the way this chart is going we’re obviously seeing this ascending support line But if we were to remove this and look at this Area here, you can see we’ve been in these overbought levels for quite some time something we recently saw with aetherium Do you guys remember when I predicted aetherium was going to crash? Because all I did was measure the amount of days we were at these overbought levels who he remembers that say I in the chat Remember we talked about aetherium being overbought for 30 days and that Was a red flag because last time we were bought for 30 days, we crashed who remembers that say hi in the chat Somebody says Nobody said I There you go tyrants a tie Julie Franklin said I Danny said I Peter said I Dave said I Nico said I I’m actually gonna give away a book to somebody that said I because that means you guys are paying attention to our live streams on A consistent basis, which I really appreciate. Thank you for that support, Don No, she said a sorry. I was gonna pick Don Bernice, but she said ace and it’s AI Let’s see, here’s somebody that we haven’t picked before Leah sell Mitchell Leah sell Mitchell send me a message on twitter at sniper soon You got a book But we talked about this in our live stream for about three Livestream straight and that was aetherium was at these overbought levels for over or approaching thirty days And the last time we were at these overbought levels for 30 days We crashed the last time we were at these levels before that crash It was the same exact thing about 30 days and we crashed right? About 30 days and then we crashed right so knowing that we crash after about 30 days I don’t like when we’re at over about levels for too long. So if you look at see Mt

BTC well, we’ve been overbought for quite a while now right a lot more than 30 days here in this case We’ve been overbought for almost 41 days So in my opinion, there’s only so much more our markets gonna go higher with this type of coin Especially because guess what acted as a hedge against Bitcoin Which means that it was acting inversely to Bitcoin as Bitcoin was dropping it was going up So now that we’re expecting bitcoins swing high, I would say that we’re gonna expect this to swing low So hopefully that helps we might end up for me a cup here This is what I would expect I can see this right here major sell-off a great indicator of a possible reversal So I didn’t expect we’d possibly form a fractal cup here as well. So I would get out of this position right now Also, we’re about to head below that EMA if we had below that a man. It’s a guaranteed drop Ratha said actually stole my ETA to do to your Wit lovely gains awesome. So you sold your theory and when I mentioned that it was most likely gonna drop, that’s great Somebody says 300 licen you pour Lacroix off. Do you guys love when I pour this Lacroix over me, by the way? I haven’t even popped the Lacroix and you want me to pour it on me already? But 300 likes, but how many viewers are we at? 315 we’ll take it I’ll take it 300 likes. We’ll pour this over the top of my head again This time with the jacket on for 300 likes I’ll take you. I’m a man in my world. I’m on my word. I’m sorry It’s not cold this time, so I’d rather do it somebody says What flavor you got this is? Grapefruit I believe David says 200 likes Jockin says by the way the big bye bar on the US history. Was it manipulated? Yo s BTC Whoa, this is how you can check whether something is manipulated now You want to look at these volume levels, right? So you can see right here the this right here is obvious either insider trading institutional money market makers individuals that have large sums of liquidity and cash to put in that was obviously a period in time where they invested into us right because you can see these just Random levels of volume and the way you can determine is just look at the peak Amount of average volume, right? So anything above this level is probably going to indicate institutional buying right here Here here. Now one thing you notice is we haven’t seen institutional buying at these higher levels, right? Is that a cause of concern? Well, it could be but I expect us to see higher volume sometime soon You know, you can also correlate that with this you can see average volume typically Peaks out around this time So this right here could be considered institutional buying right here some of these large by volume candlesticks But this was a bullish time the market so that couldn’t of correlate or possibly could correlate What I do like about us is we’re starting to see this Mack be quite oversold overstretched and right here with this RSI We’re still in the true zone I would say once again with the OS watch that 50-day moving average and set up your stop-loss there just to be safe No matter what Raphael says iOS is my main investment right now crossed fingers for launch of net Absolutely The SL awesome that works you can message me on discord Sanders is good evening. I just arrived welcome. What are we at in terms of life? Do I have to pour this down my 132 Mike’s. All right, thank god, so I guess we have a lazy audience today. I called you all lazy We only have 132 likes with 300 plus viewers. Come on show your love to show your support Marcus says bye Nance listening. His wife data is pumping. Well that explains it Jochum says, thank you Naima. You’re very welcome So any other questions any other concerns before we wrap this baby up anything that we haven’t covered yet any questions lingering in your mind? Let’s see. Whoever has the most logical question. I will answer Tails says my dear God looking Lacroix addicted friend What is your take on silica Cardinal credits fusion and Wan chain? That’s my hope or flow and I’m really worried I wouldn’t be worried. It seems like a good performance. I’d be a little bit cautious with we don’t know 100% what their? Legitimacy is I guess you can say because they haven’t really launched too many MVPs. They don’t have active community But it’s still a speculative project I would say the same thing with fusion but silica card out on one chain our bets I mean those are long-term holds for me too. So I wouldn’t say anything is good with that Although says European banks are starting to crumble. Remember guys these these financial markets are gonna go down in my opinion I mean we’ve seen this happen multiple times in history, right? I mean think about all the crazy stuff you’ve read in your history books, right? Why has anything crazy happened in your present time? Well, guess what? I think this is gonna be one of those times. Is that kind of scary. That’s scare anybody I’m not trying to scare and still any fear, but that’s the truth of the nature right in your history books you know the we read about all these crazy times right like the depression period the Blackout period all these random things and like what about our current time? We’re you know, are we not susceptible that anymore?

No, we are susceptible to it I think that’s what we’re seeing right now a digital revolution a digital currency revolution. Where financial markets will be taken down by cryptocurrency in user based markets and Tokenization will take over markets rather than gaining or giving away equity you tokenize things, right? raise funds through tokens Raphael says do you guys agree with me by the way? Yea or nay on the chat? Raphael says yes open it will affect us any ths predicted Will it affect us any ths predicted. I’m not sure what you mean Raphael But I would say that with with Tron and us and their maintenance you soon it’s gonna be kind of hard to determine what’s gonna happen because you know, Like I said fundamentally you want to buy the hype and sell the news so you really want to sell But the same time in a technical sense, we’re very bullish in the next coming weeks because remember we’re expecting a reversal But if you guys are not following us on twitter twitter.com slash snipers to be posted this interesting little picture another day I don’t know who saw it but it was pretty much what happens to the market at every sixth of the month and you can see This picture here that we posted history for those of you following us on Twitter. If not, it’s a sniper’s tube But check this out right here so this right here is What I was referring to and You can see on this photo January 6 reversal to the low February 6 reversal to the high March 6 reversal to the low April 6 reversal to the high May 6 reversal to the low and now we’re expecting June 6 reversal to the high that also coincides with What we talked about with the RSI We have a little bit of room to go with BTC if we see BTC drop a little bit more No big deal. We have about 6000 of a cushion to confirm a triple bottom or even a You know double bottom but I would expect somewhat of a triple bottom to occur before seeing that true reversal to the higher side of the pennant where we can go ahead and Make those gains knowing the RSI is completely oversold I’m expecting this type of pattern Once we double bottom this RSI if that’s the case Then we’re gonna most likely bounce resistance at 40 go above 40 pierce through and then find support at 40 That’s what I’m expecting and waiting for Vincey says you are very fine. Gentlemen, thank you. Thank you. I appreciate that Rafael says I don’t know if you’ve looked into it. It’s a very new coin But from what I was reading said it was very likely to competitor to us and ETH do to ease of use Oh interesting I’ve never looked into I will look into that That’s an interesting coin. Yeah, I mean we hear a lot of that remember there’s tons of ecosystem coins tons of interest infrastructure coins Mohammad Ibrahim says 200 likes for Bitcoin beard. You always say that I’m not doing that for 200 likes For 200 likes. We’ll give away a book. How about that? We’re at 170 So we need 30 more likes we’ll give away a book before we wrap this livestream up. I Will definitely do that Joakim says if MACD is low and our size oversold that if you look at stock RSI, and it’s low But it doesn’t go up African explained. I’m not sure you’re seeing a lot of different things at once Maximus is you think July we’re gonna see a bull market all the way to December I would say all the way to December because Especially with the fact that you can short this mark and leverage and then ETFs coming out soon I would say that it would take a little bit more of a bullish bearish cycle up rather than just a Bullish cycle up the way. We saw it go up to 20,000. I would say it would be a little bit different I’m expecting consolidation My overall thesis is we’re gonna consolidate here right consolidate before seeing the rise and that rise is really gonna come in my opinion from a major announcement from like government institutions about some sort of groundbreaking regulatory advancement in this market and that’s what’s going to instill confidence and then allow this to become a true asset class to hedge your money and in regards to traditional markets and commodities and Equity markets and things like that. This will become its own market, which is the cryptocurrency market Somebody says please go research it absolutely No, I said alright done paying good questions only to be ignored for beard questions. No I’m not ignoring you don’t feel so cynical people are so Self-absorbed. They’re like, he’s ignoring me. I’m not ignoring you. I have hundreds of messages in the chat box Let’s see what your question on is what happens if we break BTC stripper bottom no one wants to talk about it But it’s no good to be prepared or but it’s good to be prepared. That’s a good question well, I would say this if it breaks the truth if it breaks that bottom I Would have a little bit more of a concern in this of this market, right? I would personally I would hold my long term positions just because I’m so confident in them Of course, I would say that

You know, we wouldn’t see anything significantly lower than where we’re at right now if we break that triple bottom I think that it wouldn’t be as dramatic as you think it’d be but it would still be a Emotional barrier for people. I just don’t expect that to happen because our size way to oversold for that to happen right now That would mean this RS I would have to pretty much come off the chart down to like these crazy lower levels I just don’t expect that to happen with Bitcoin Remember, there’s unlimited Fiat in the world But there’s a limited amount of Bitcoin in the world. If somebody ever asks you what’s Bitcoin just say that to them Well, I’ll tell you what, I’m not gonna tell you. What bitcoin is But what I will tell you is government can print as much of those US dollars as you want But you can’t make anymore Bitcoin, you know what I’m saying? So we’ve got the leverage here Vince a says seven more likes come on Six, Julie says six likes away from 200 Rumber says in order for us to oaken’s to change when launch happens if we haven’t registered them Do we need to keep them in the – exchange all of them? Remember? I think you can google that I don’t want to give misinformation Because there’s a lot of ways to do it, but we posted a couple different ways on our discord Peter says what is the number of catalyst to bring in volume in your penny’ name? I would say Confidence and regulations. I Think that’s why people are the most hesitant, but we just recently saw Zimbabwe lift their Bitcoin ban. Well, you know we talked about today You know Wall Street jobs, you know pretty much being taken away by cryptocurrency jobs South Korea, officially You can see here officially recognize the script currencies an asset with measurable value So all those things I think need to build up for us to see confidence in regulations So this has got to stop the market manipulating. Well, we see more liquidity that will pretty much even itself out. So Let’s do a book giveaway here. So here’s the book giveaway. I am gonna ask a question to see who was paying attention to our livestream, but The question is going to be this What type of pattern is this forming here? What is this overall pattern in the blue? What is this overall pattern called? Well, you’ve got a descending resistance in ascending support level what is the word that we typically use here on snipers – Better yet. What is the pattern called on our discord because people can just name their own patterns But on our discord if you guys don’t know this is a free resource Available to everyone I highly recommend you guys get on our discord I’ve heard testimonials of people that came into this market had no idea what to do came into our discord and learned Everything they needed to know to trade this market successfully so I highly recommend you guys get on discord There’s also a mobile version so you can do this on To go and then just hop into our trading chat are 24/7 community and we also have a premium version that sends out Daily technical analysis and stuff before you go under education and then you go under actually tools trading patterns We have all of our patterns here and the answer is a pennant. So let’s see you said penn pennant Everybody’s saying somebody says symmetrical triangle reversal triangle bullish pennant ascending wedge Apex i’m just gonna pick whoever said pennant. All right here. Let’s see. David Esteban Castro says pennant You won brother and if you didn’t win just stay tuned we give out a ton of bucks guys. Sorry I can’t just send every single one of you guys books, but you guys are all like Cory right Farook You’re right key sands. You’re right Danny. You’re right Rafael. You’re right. David said that’s me Yes, send me a message on twitter at snipers Tube. Paadam says beat me by one Muhammad said peanut James says pen it All right bars decent. What do you think about John Mackey face predictions? Well, let me ask you guys a question instead. What do you guys think about data Dash’s prediction $50,000 Bitcoin What do you guys think about that? I love the fact that he made that video when he made that money I’m like, that’s a true YouTube influencer. I Was like, I love it I’d rather take data – his opinion than John McAfee. Oh, I can’t believe I just said that John back he’s gonna message me. Hey, dude, I heard on your live stream man Loved it $50,000 Bitcoin from one of the largest youtubers about cryptocurrency. I love it. It makes sense Danny else is very bullish. I love it Peter says yay for positive be so much nicer than the bear trolls. Well, here’s what I’ll end this with You all are part of the cryptocurrency revolution. You must spread the good word of cryptocurrencies. You guys can’t spread fear and doubt Continue to spread the word go to your small businesses in your local areas convince them to start accepting cryptocurrency show them how to use bit pay some of these businesses will even pay you to do this for Them and I highly recommend you guys spread this good word. So thank you guys all for tuning in today’s livestream I think this was an awesome livestream. I hope you all enjoyed it And then we this every single week if you guys enjoy this like the video subscribe to our YouTube channel if you haven’t already

We do this every single day. Thank you all so much for tuning in and With that being said, love you all snipers out

Uncategorized

NBA Finals 2002 – Los Angeles Lakers vs New Jersey Nets

DEMORALIZED THEY HAD THE LEAD, THEY WERE DOWN BY 10, DID THE JOB DOWN THE STRETCH, NOW TRAIL TWO GAMES TO ONE [CAPTIONING MADE POSSIBLE BY NBA DIGITAL] [CAPTIONING PERFORMED BY THE NATIONAL CAPTIONING INSTITUTE, WHICH IS RESPONSIBLE FOR ITS CAPTION CONTENT AND ACCURACY VISIT NCICAP.ORG] >> WELCOME TO THE NBA’S GREATEST GAMES TODAY WE’LL TAKE YOU BACK INTO NBA HISTORY AND RELIVE ONE OF THE GREAT MATCHUPS AS IT HAPPENED MARK: WELCOME TO “HARDWOOD CLASSICS” ON NBA I’M MARK FINE TONIGHT, WE REVISIT GAME THREE THE 2002 NBA FINALS BETWEEN THE LOS ANGELES LAKERS AND THE NEW JERSEY NETS FOR THE LAKERS IT WAS THE THIRD FINALS APPEARANCE, WHILE IT WAS THE FIRST IN TEAM HISTORY FOR THE NEW JERSEY NETS THE LAKERS DOMINATED THE FIRST TWO GAMES OF THE SERIES ON THEIR HOME FLOOR IF THE NETS WERE GOING TO MAKE A SERIES OF IT, THEY WOULD HAVE TO ANSWER ON THEIR HOME COURT LET’S GET YOU TO THE ACTION MARV: TODD MCCULLOUGH AND SHAQUILLE O’NEIL ON THE OPENING TIP, CONTROLLED BY THE NETS JAY ON KIDD COMING OFF 0-5 IN THE FIRST HALF GAME TWO CAME OUT OF THE SECOND HALF KEITH VAN HORN HAS BEEN VERY QUIET STEVE: WELL, THE ONE THING THEY WANT TO DO FOR VAN HORN IS GET HIM GOING OFFENSIVELY HE’S A MUCH BETTER PLAYER WHEN THE OFFENSE IS ON HE DOES REBOUNDING, HE PASSES, HE DOES EVERYTHING MUCH BETTER HE DOES EVERYTHING MUCH BETTER MARV: KIDD WITH THE STEAL KITTLES FROM THE NETS WITH A 4-0 LEAD NOW THE NETS HAVE LEAD ONCE IN THE SERIES PRIOR TO TONIGHT THEY LED FOR-TWO IN THE FIRST GAME THEY HOOKED IT IN BILL: THAT IS THE BIGGEST LEAD OF THE SERIES THE JOB FOR LOS ANGELES IS TO CRUSH THE SPIRIT AND THE DREAMS OF THE NETS MARV: FOR THREE SUDDENLY THE LAKERS ARE HITTING THE THREE THEY HAD NOT BEEN A GOOD THREE-POINT SHOOTING TEAM DURING MOST OF THE POSTSEASON STEVE: MARV, IF YOU ARE BYRON SCOTT, YOU HAVE TO BET THE PERCENTAGES ARE IN YOUR FAVOR MARV: THE NETS WITH A 6-3 LEAD THE NETS ARE HOPING TO DISRUPT SHAQUILLE O’NEAL THIS EVENING BY GOING WITH WHAT THEY CALL MORE DECISIVE DOUBLE TEAMS NOT THERE THOUGH, AS SHAQ IS ABLE TO HIT ON THE QUICK RELEASE BILL: ROBERT HORRY BREAKS THE OFFENSE BY FLASHING UP AGAINST THE TRAP NOW THEY COME RIGHT BACK WITH TODD MACCULLOCH SWING THE SKY-HOOK BIG-TIME MARV: BYRON SCOTT FEELS THEY HAVE TO GO AT SHAQ MORE FREQUENTLY HE’S HAD A FREE PASS HE PICKED UP THREE FOULS THE FIRST TWO GAMES STEVE: FOUR ALTOGETHER HE’S BEEN THE DOMINANT PLAYER OUT THERE BUT THE OFFENSE IS THE STORY FOR THE NETS THEY’VE MADE ALL OF THEIR SHOTS BILL: BEAUTIFUL BALL MOVEMENT FOR LOS ANGELES MARV: FISHER TURNED BACK HE’S ABLE TO RECOVER STEVE: DOWN BIG MAN BILL: GET ON THE OFFENSIVE GLASS THE EXCHANGES OF THE PERIMETER PLAYERS HAVE BEEN A THING OF BEAUTY FOR L.A MARV: MARTIN LOOKING TO PUT THE MOVE ON HORRY STEVE: LOOK AT SHOTS THEY ARE GETTING THEY ARE ALL HIGH PERCENTAGE SHOTS RIGHT NOW THAT HAS TO MAKE SCOTT FEEL GOOD THEY ARE GETTING GOOD BALL MOVEMENT AND GOOD PLAYER MOVEMENT MARV: AND KOBE BRYANT WITH HIS FIRST FIELD GOAL KOBE COMES OFF OF 9-15 24 POINTS 3-3 FROM DOWNTOWN IN GAME TWO THE LAKERS WITH A ONE-POINT LEAD MCCULLOCH WITH THAT AN AIR BALL OFF THAT JUMP HOOK BILL: THAT’S THE SHOT THAT YOU HAVE TO GUARD THE LEAST A LEFT-HANDED HOOK OR JUMP HOOK HE’S TRYING TO GET SOMETHING BETTER THAN THAT STEVE: TODD DOESN’T WANT TO DO TOO MUCH STAY WITHIN HIMSELF HE’S GOING TO BE ABLE TO GET SHOTS OFF MARV: LOOKING FOR A TRAVEL FISHER FOR THREE AND THE LAKERS CONTINUE THE GOOD SHOOTING THEY CALL THAT A TWO NOW HE HAD A FOOT ON THE LINE LAKERS BY THREE BILL: SUCH GOOD LOOKS MARV: HERE’S KITTLES AIR BALL THROWN UP FOR KERRY KITTLES HE GOT OFF TO A FAST START THE OTHER NIGHT HORRY CHASING THAT ONE BOUNCE PASS AND LAST TOUCHED BY THE LAKERS BILL: IN GAME ONE THE LAKERS WERE 1-10 FROM BEHIND THE THREE-POINT LINE IN GAME TWO THEY WERE 9-16 THE HOT SHOOTING FROM BEHIND THE ARC CONTINUES FOR LOS ANGELES AS THE NETS TRY TO PACK IT IN AGAINST BIG SHAQ

STEVE: THEY ARE PACKING OFF OF MARTIN THEY ARE DARING HIM TO SHOOT THE PERIMETER THIS IS THE LAYUP TEAM THAT’S WHAT THEY GOT TO DO MARV: WE SAW AT THE START AND SHOW THAT GRAPHIC CONCERNING THE POOR SHOOTING THE NETS HAVE HAD THE OPPORTUNITY IN THE PLAYOFFS BUT THEY HAVEN’T BEEN ABLE TO CASH IN THE FOUL IS CALLED CRAWFORD INDICATING WITH THE FOUL ON KOBE BRYANT BILL: A MUCH MORE CONFIDENT NEW JERSEY TEAM JASON KIDD WAS BRICKING ALL OF STEVE: BOTH COACHES WILL HAVE DIFFERENT PERSPECTIVES OF THIS PLAY FOR THE NEW JERSEY NETS, THIS IS WHAT THEY DO QUICK OUTLETS AND TRY TO RUN THE FLOOR PHIL JACKSON WANTS TO KNOW WHERE IS THE FOUL? BILL: THE EASIEST PLAY TO CALL THE ENTIRE SERIES, KOBE BRYANT KNOCKING KERRY KITTLES HE HAD A FAST BREAK OPPORTUNITY THEY ARE GOING TO COMPLAIN ABOUT THAT? MARV: PHIL IS GOING TO TRY TO TELL THE OFFICIALS WE DON’T WANT THAT TONE SET BILL: YOU HAVE TO BLOW THE WHISTLE PLAYERS WILL ADJUST MARV: KENYON MARTIN WORKING ON ROBERT HORRY KENYON MARTIN COMING OFF OF A VERY QUIET BALL GAME AS HE HIT HIS FIRST TWO OF THREE FROM THE FIELD STEVE: IT IS THE TYPES OF SHOTS BILL: KMART SEEMS TO HAVE EMERGED FROM CHAPTER 11 MARV: YOU ARE COINING YET ANOTHER FEW PHRASE SHAQUILLE O’NEAL THAT’S HIS THIRD FIELD GOAL GAME TWO, KENYON 2-8 FROM THE FIELD ONLY SIX POINTS IN GAME ONE, HE OPENED UP FIRING AWAY AND 7-22 FROM THE FIELD LAST TOUCH BY BRYANT JASON KIDD WILL PUT IT IN PLAY JASON KIDD CAME UP HOBBLING THE OTHER NIGHT AFTER GOING KNEE ON KNEE WITH ROBERT HORRY WHO HAS A SORE RIGHT KNEE BUT SAYS HE’S ALL RIGHT STEVE: THAT’S THE KIND OF PLAY THAT JASON KIDD NEEDS TO MAKE A CONSISTENT BASIS THAT’S WHAT HE’S DONE ALL YEAR LONG THEY ARE ATTACKING SHAQ AND SCORING! MARV: TODD MCCULLOUGH GETTING POSITION INSIDE ON SHAQUILLE O’NEAL SO THE NETS LEAD BY ONE STEVE: LOOK AT THE SHOT THE NETS ARE TAKING THEY ARE ALL INSIDE HIGH PERCENTAGE ONES THEY ARE MAKING MARV: KITTLES OFF OF THE STEAL REJECTED BEAUTIFUL TIMING BY ROBERT HORRY STEVE: HE KNEW HE WAS IN TROUBLE YOU KNOW? HE WAS TRYING TO GET CONTROL OF THE BALL HE DECIDED TO SHOOT IT ANYWAY MARV: O’NEAL DRAWS THE FOUL SHAQ WILL GO TO THE LINE MCCULLOCH PICKS UP THE FOUL SHAQ HEARING SOME BOOS IN THE HOME AREA BORN IN NEWARK, NEW JERSEY STEVE: THAT HAS BEEN SUCH A GOOD WEAPON FOR JASON KIDD THE LEFT HAND AND THE DOUBLE TEAM IT IS TOO LATE TODD MACCULLOCH PICKS UP THE FOUL MARV: SHAQUILLE O’NEAL HAS DONE EXTREMELY WELL AT THE LINE 12-14 THE OTHER NIGHT SHAQ PURCHASED 62 TICKETS FOR TONIGHT’S GAME FOR FAMILY AND FRIENDS THAT RUNS ABOUT $10,000 HE WAS BORN IN NEWARK AND LIVED HIS PRETEEN YEARS IN NEWARK, NEW JERSEY STILL HAS A LOT OF FAMILY AND FRIENDS IN THE AREA SO HE DOES HAVE SOME FOLKS CHEERING FOR HIM IN THE CROWD BILL: HOW DO YOU GET 62 TICKETS? WHERE DOES THE GUY GET THE MONEY? STEVE: FORGET ABOUT HOW YOU GET THE MONEY, IT IS THE TICKETS HE’S GOT PAPER THERE’S NO BANKRUPTCY THERE MARV: THAT IS THE THIRD AIR BALL SERVED UP BY THE NETS HORRY WITH THE BLOCK SHOT SHAQ ANCHORS EVERYTHING KOBE CAN SHUT DOWN WHOEVER HE WANTS TO MARV: THE LAKERS SWINGING THE BALL EFFECTIVELY FOX TURNED BACK BY MARTIN GOOD PLAY BY KENYON MARTIN BILL: WE HAVE SEEN SUCH LITTLE GOOD PLAY FROM MARTIN IT IS AMAZING THE NETS HAVE BEEN THIS CLOSE STEVE: WHAT’S THE SCORE, BILL? BILL: IT IS A TIE SCORE, STEVE MARV: FISHER FOR THREE BILL: NO LONGER MARV: DEREK FISHER 2-3 FROM DOWNTOWN THE OTHER NIGHT HE HAS REALLY PICKED IT UP AFTER HAVING DIFFICULTIES AGAINST MIKE BIBBY AND THE SACRAMENTO KINGS AGAIN MACCULLOCH IS STOPPED BILL: MACCULLOCH HAS TO CHANGE HIS STRATEGY MARV: HERE’S THE DOUBLE AND AT LEAST FISHER IS WIDE OPEN FOR THREE PERIMETER SHOTS STEVE: WHAT NEW JERSEY HAS TO DO IS KEEP SCORING AND KEEP SCORING THE TWO MARV: O’NEAL JUST STEPPING AROUND MACCULLOCH AND HERE ARE THE LAKERS UP BY 8 BILL: WHAT IS THE SCORE, STEVE? STEVE: 8-0 RUN BY THE LAKERS SO IT IS GOING TO BE A TIMEOUT FOR THE NETS BILL: I THINK IT IS FRONT RUNNING HERE COURTESY OF SHAQ

FROM TIME TO TIME YOU’LL HEAR CHEERS FOR SHAQUILLE O’NEAL STEVE: LET’S SEE HOW THE NETS ANSWERED THE FIRST SURGE BY THE LAKERS WHEN THAT’S STARTED QUICKLY NOW THE LAKERS CAUGHT THEM THEY HAVE A LEAD AND LOOKING FOR DOUBLE DIGITS MARV: THE NETS HIT THE FIRST FOUR SHOTS 7-15 FROM THE FIELD HERE’S BRYANT WITH THE SCOOP HE IS FOULED AARON WI IS CL BILL: I’M NOT SURE WHAT KENYON MARTIN IS DOING HERE’S A GUY THAT SHOULD BE OWNING THE DEFENSIVE BACK BOARDS HERE’S A GUY WHO WAS THE NUMBER ONE OVERALL DRAFT PICK IN THE NBA NOW IN HIS SECOND YEAR THIS GUY HAS NOT HAD THE TYPE OF PERFORMANCE THAT YOU NEED FOR THE LEADERSHIP IN TERMS OF SHOWING HIS TEAMMATES HOW HE’S GOING TO CONTROL THIS SERIES STEVE: WELL, NOW LET’S REMEMBER THE GUY THAT JUST GOT THAT OFFENSIVE REBOUND KNEW WHERE IT WAS GOING KOBE BRYANT, GIVE HIM CREDIT HE WAS ON THE DRIVE HE WAS THE FIRST GUY THERE HE HAS SENSATIONAL INSTINCTS MARTIN IS GOING TO REBOUND TODAY REBOUNDING IS GOING TO BE PART OF THE STORY FOR HIM BILL: THAT’S WHAT POWER FORWARDS ARE SUPPOSED TO DO PROVIDE INTIMIDATING PRESENCE DENY PENETRATION WHEN THERE’S A BALL ON THE GLASS, CLIMB THE LADDER GO GET THE BALL AND GET IT GOING MARV: APPARENTLY A PROBLEM WITH THE CLOCK THE OFFICIAL, BOB DELANEY, CALLING THE NETS BACK 11 UNANSWERED POINTS NOW BY THE LAKERS STEVE: THIS IS THE STORY FOR THE NETS THEY STARTED WELL THEY HAVEN’T SHOT WELL SINCE THEY HAVE GOT TO RESPOND RIGHT NOW THEY WANT TO STAY IN THE BALL GAME AND KEEP THE LAKERS IN CONTEST MARV: THE NETS ARE NOW FACING THE PREDICAMENT OF BEATING THE LAKERS IN FOUR OF THE NEXT FIVE GAMES, BEATING A TEAM THAT LOST THREE GAMES IN A ROW JUST TWICE OVER THE PAST THREE YEARS BILL: THE IMMEDIATE PROBLEM IS NOW THE CROWD IS STUNNED AND BACK IN THEIR SEATS FORTUNATELY, KERRY KITTLES GOES TO THE HOOP THEY WILL GET A TRIP TO THE LINE OUT OF THAT ONE MARV: SARCASTIC REACTION FROM THE CROWD ON THAT FOUL CALL KITTLES WILL SHOOT TWO FOULED BY O’NEAL BILL: WE SAW THIS IN THE SACRAMENTO SERIES TEAMS THAT CAN GET THE BALL DOWN THE LANE BY THE PERIMETER DEFENSE WILL HAVE SUCCESS IF THEY ATTACK THE RIM TAKE IT RIGHT AT SHAQ STEVE: I’M GOING TO UNPLUG YOU HERE AND LET YOU CALM DOWN WE’RE GOING TO HAVE A GAME BEFORE IT IS OVER BILL: IT IS THE NBA FINALS WHAT ARE THEY GOING TO DO? WAIT UNTIL TWO WEEKS FROM NOW TO GET THE GAME GOING? MARV: STEVE, I THINK BILL HAS SEEN TOO MANY GAMES AND TOO MUCH TRAVELING TOO MANY ROOM SERVICE SITUATIONS [LAUGHTER] BILL: NOTHING I HATE WORSE THAN WASTING GOLDEN OPPORTUNITIES MARV: LAKERS UP BY NINE WE APPROACH 4:00 REMAINING IN THIS FIRST QUARTER, AARON WILLIAMS GUARDING SHAQUILLE O’NEAL ANOTHER MISMATCH FOR SHAQ YOU SEE KIDD IS COMING OVER TO HELP AND A FOUL IS CALLED FOUL COMMITTED BY WILLIAMS THAT’S HIS SECOND BILL: THIS IS WHAT MAKES IT SO DIFFICULT TO GUARD SHAQ THAT’S INITIALLY A FOUL BUT IF YOU DON’T DO THAT, THEN SHAQ LOWERS HIS LEFT SHOULDERS AND PUMMELS YOUR CHEST WITH IT THEY DON’T CALL THAT FOUL MY EXPERIENCE IS, IF YOU HIT FIRST, YOU WILL GET THE ADVANTAGE FROM THE REFEREE MARV: WHAT A TOUGH ASSIGNMENT FOR AARON WILLIAMS GOES ABOUT 6’9″, 255 POUNDS BRYANT NOT ABLE TO HIT VAN HORN ON THE REBOUND BILL: IT IS NOT AS IF ANYONE HAS HAD ANY SUCCESS HERE MARV: MARTIN IS HIT BY — NO, OFFENSIVE FOUL IT IS A CHARGE ASSESSED ON KENYON MARTIN STEVE: MARTIN MADE UP HIS MIND HE WAS GOING TO COME THROUGH ROBERT HORRY HE GETS THERE AND GOES RIGHT INTO THE CHEST AND THE CROWD RESPONDS IN MARTIN’S FAVOR A BIG CHORUS OF BOOS BILL: REFEREE OBVIOUSLY HAD A MUCH BETTER ANGLE THAN I DID THE REBOUNDS, THIS IS EMBARRASSING NEW JERSEY HAS THREE REBOUNDS ON THEIR HOME COURT LAKERS HAVE 13 MARV: O’NEAL GETTING IN POSITION THREE AND A HALF REMAINING IN THE FIRST LAKERS UP BY NINE THE STEAL ON BRYANT AND KOBE ON THE BREAKAWAY STEVE: THAT IS WHAT THEY DON’T WANT TO DO THEY TURN IT OVER THEY GET THE REBOUND AND TURN IT OVER BAD NEWS MARV: 26-15, LAKERS BILL: THE KEY GUYS, JASON KIDD AND KENYON MARTIN, SINCE THE OPENING MOMENTS, HAVE VANISHED MARV: DERON WILLIAMS STRIPPED WHILE THE NETS CONTINUE TO TRY TO TAKE IT AT SHAQ BUT IT HAS NOT WORKED TRYING TO PICK UP SOME FOULS ON SHAQUILLE O’NEAL NOW THE FOUL IS CALLED ON THE LAKERS STEVE: DERICK FISHER TRYING TO GET IN THE PATH OF KERRY KITTLES AFTER A TERRIFIC START THE NEW JERSEY NETS HAVE FALLEN ON HARD TIMES AGAIN AND THAT HAS BEEN THE STORY OF THE FIRST TWO GAMES

THEY HAVE TO STAY IN CONTACT THEY HAVE THREE MINUTES TO GET BACK TO MAKING SHOTS THAT’S THE IMPORTANT THING FOR THEM MARV: BYRON SCOTT GOING TO THE BENCH FOR THE ROOKIE RICHARD JEFFERSON AND LUCIUS HARRIS, WHO COMES OFF THE 0-9 TWO GAMES, 1-14 KIDD IS REJECTED BY O’NEAL AND LAST TOUCHED BY KIDD STEVE: THEY ARE FORCING IT RIGHT NOW THEY WANT TO GO AT SHAQ WHEN THEY DON’T HAVE GOOD SHOTS, THEY SHOULD BRING IT BACK OUT THROWING UP BAD SHOTS HELPS THE LAKERS BILL: I DON’T LIKE THE ROTATION I CANNOT BELIEVE THAT LUCIUS HARRIS IS STILL WEARING THE MASK I THOUGHT IT WAS SUPPOSED TO BE A GOOD LUCK CHARM MARV: WE WERE SPECULATING HE MIGHT TAKE IT OFF, BECAUSE HE DOES NOT NEED IT BUT HE WAS SHOOTING WELL PRIOR TO THE SERIES O’NEAL GETS INSIDE YES, AND IT COUNTS AND ANOTHER FOUL ON WILLIAMS BILL: ALL OF THAT IS SET UP BY THE PERIMETER BALL MOVEMENT IF THEY COME IN AND TRY TO BANG IT IN AND RAM IT DOWN THEIR THROATS, THAT’S ONE THING BECAUSE SHAQ IS ABLE TO KEEP MOVING AS THE BALL HAS BEEN PUSHED UP AND BROUGHT BACK DOWN TO THE CORNER AARON WILLIAMS PICKS UP TWO FOULS THAT IS A MAJOR PROBLEM THEY ARE COMING QUICKLY THREE FOULS ON AARON WILLIAMS GOODNESS, GRACIOUS MARV: IN TWO MINUTES OF PLAY ANOTHER ROOKIE, JASON COLLINS CHECKING IN SHAQ IS 1-3 FROM THE LINE BACK IN GAME ONE, LATE IN THE GAME, JASON COLLINS FELT BYRON SCOTT WAS THE MOST EFFECTIVE AGAINST SHAQUILLE O’NEAL BUT EVERYTHING IS RELATIVE, BECAUSE SHAQ WAS ABLE TO HANDLE HIMSELF PRETTY WELL 15-1 RUN BY THE LAKERS SHOT CLOCK DOWN TO THREE KENYON MARTIN WITH HIS THIRD FIELD GOAL HE HAS SIX POINTS LAKERS, 28 NETS, 17 STEVE: THAT’S WHAT THEY NEED MORE THAN ANYTHING ELSE THEY GET THE BALL INTO SOMEBODY WITH A GOOD IDEA OF HOW THEY WANT TO SCORE WHEN THEY ARE STRUGGLING, IT IS BECAUSE THEY ARE SCRAMBLING OFFENSIVELY MARV: EXCELLENT BALL MOVEMENT AGAIN FOX IS NOT ABLE TO HIT LAST TOUCHED BY HORRY THAT FIELD GOAL A MOMENT AGO WAS THE NETS FIRST FIELD GOAL IN FOUR MINUTES AND 40 SECONDS BILL: THE LAKERS DON’T GET CAUGHT UP WITH STICKING TO THE OFFENSE AS SOON AS THE DEFENSE GAMBLES, THE LAKERS TAKE EXACTLY WHAT WAS MADE AVAILABLE POKE AWAY BY HORRY MARV: AND THE FOUL A REACH IN HARRIS LOOKING TO PREVENT THE FAST BREAK HOLDING DEREK FISHER BUT THE NETS NOW OVER THE FOUL LIMIT FISHER WILL GO TO THE LINE BILL: ROBERT HORRY DOES SO MANY THINGS FOR A TEAM HE WILL NEVER GET ANY CREDIT IN THE STATS SHEET FOR THAT PLAY RIGHT THERE BUT POKING IT AWAY FROM KENYON MARTIN AND TAKING THE BRAIN WAVES AND THE CONCENTRATION AWAY FROM MARTIN AND LEADING TO THE FREE THROW HERE BY DEREK FISHER MARV: DERICK FISHER OFF OF THE FAST START HE FINISHED STRONG IN GAME TWO NBA.COM IS THE PLACE FOR GREAT PHOTOS THROUGHOUT THE FINALS ON THE COURT AND OFF, FROM ACTION SHOTS TO THE TOP PLAYS, TO CELEBRITIES WHO ARE AS YOU MIGHT SAY LOVING IT LIVE LOG ON TO NBA.COM TO E-MAIL YOUR FAVORITE PHOTOS TO YOUR FRIENDS IT IS ALL ABOUT NBA.COM BILL: DO YOU KNOW WHAT I SAW HERE TONIGHT? I SAW BILL RUSSELL, WILLIS REED, AND DAVE DEBUSHER HERE TONIGHT ALL HALL OF FAMERS MARV: KITTLES IS ABLE TO HIT DAVE FOR HIS ONE TIME ROOMMATE AS A MEMBER OF THE NEW JERSEY KNICKS, PHIL JACKSON 1:25 REMAINING IN THIS FIRST QUARTER, LAKERS UP BY 10 KOBE BRYANT BACK COMES JASON KIDD LOOKING TO RUN THE FLOOR YES HE HAD A FOOT ON THE LINE IT IS A TWO POINTER 29-21 LAKERS AND FOR KIDD, HIS THIRD BUCKET HAS SIX POINTS STEVE: WITH SHAQ DOWN, THEY ARE GOING TO TRY TO BE MORE AGGRESSIVE PRESSURE THE BALL LET’S SEE IF THEY GET SOME QUICK RESULTS MARV: A CHANT OF “DEFENSE” FROM A LARGE CAPACITY CROWD HERE IN NEW JERSEY FISHER CHANGED HIS MIND FINDS WALKER WHO JUST CAME ON HE WAS REJECTED KENYON MARTIN PLAYING WITH MORE CONFIDENCE TONIGHT HARRIS AROUND BRYANT HARRIS COMES FORWARD LUCIUS HARRIS TRYING TO TURN IT AND THE NETS SHOWING SOME LIFE HERE IN THE FINAL MINUTE OF THE FIRST QUARTER AND HEARING IT FROM THE CROWD THEY ARE WITHIN SIX NOW BRYANT LOOKING BRYANT — WHAT A MOVE KOBE BRYANT THE DOUBLE-TEAM BILL: AND A GREAT WAY TO QUIET THE CROWD HERE THE LAKERS CAN’T GET CAUGHT UP THE REFEREE IS ALLOWING IT TO TAKE PLACE HERE YOU HAVE GOT TO KEEP PLAYING

THROUGH IT SAMAKI WALKER STANDING AND ARGUING FAR TOO MUCH MARV: FINAL SECONDS OF THE FIRST QUARTER KIDD PLAYED ON THE SWITCH BY WALKER COMING UP SHORT ON THE THREE-POINT ATTEMPT AFTER ONE IT IS THE LAKERS 31 AND THE NETS 23 SHAQUILLE O’NEAL, THE HIGH MAN, WITH 11 YOU ARE WATCHING THE NBA FINALS ON NBC >> WELCOME BACK TO THE NBA’S GREATEST GAMES MARV: PHIL JACKSON WITH 154 PLAYOFF VICTORIES AS A HEAD COACH IF THE LAKERS WIN THE TITLE, THE TWO WINS WILL PLACE HIM FIRST ON THE ALL-TIME LIST, MOVING AHEAD OF PAT RILEY, WHO HAS 55 PLAYOFF WINS HERE’S BRIAN SHAW, WHO JUST CHECKED IN HE’S HITTING FROM DOWNTOWN THE LAKERS CONTINUE THE HOT SHOOTING FROM BEYOND THE THREE-POINT LINE BILL: WHAT A GREAT KNICKS TEAM YOU TALK ABOUT THE RIVER FLOWING, THEY MOVED AS ONE THE ENTIRE SQUAD HELD THE PURE GENIUS MARV: OFFENSIVE FOUL ILLEGAL PICK KEITH VAN HORN STEVE: SOMEONE TOLD BILL THE HUDSON WAS NEARBY THAT’S HOW HE GOT INTO THE RIVER THING TODAY HE JUST CAN’T LET IT GO MARV: I THINK THERE’S SOME SYMBOLISM THERE THAT’S OVER OUR HEAD, STEVE BILL: I’VE BEEN WATCHING THE LAKERS A LONG TIME THESE GUYS ARE PLAYING BEAUTIFUL BASKETBALL MARV: LAKERS UP BY 11 A MINUTE AND A HALF GONE BY IN THE SECOND QUARTER STEVE: WITH THE GROUP ON THE FLOOR, NO SHAQ, THIS IS A CHANCE FOR NEW JERSEY TO GET BACK IN IT MARV: KOBE WITH HIS FIFTH FIELD GOAL HE HAS 12 POINTS THE LAKERS LEAD BY 13 ANTHONY JOHNSON HAS COME ON HE’S PLAYING THE POINT FOR JASON KIDD JASON COLLINS WORKING ON SAMAKI WALKER VAN HORN NOT ABLE TO GET THE SHOT OFF HIS GAME DISRUPTED BY ROBERT HORRY HERE’S COLLINS AND REBOUNDED BY DEVEAN BILL: WHOEVER ROBERT HORRY GUARDS, THAT GUY HAS A NIGHTMARE OF A TIME KOBE PLAYS BETTER ON THE ROADS THAT’S WHY THE LAKERS HAVE BEEN ABLE TO EXTEND THE LEAD WHEN SHAQ GOES TO THE BENCH MARV: NICE PLAY BY JEFFERSON FOULED BY HORRY BILL: WITH SHAQ ON THE BENCH, KOBE IS SAYING, LOOK, I’M TAKING OVER THIS THING HE HAS NOT HAD A LOT OF OPPORTUNITIES BECAUSE OF THE BRILLIANCE OF SHAQ IN GAMES ONE AND TWO HE’S MADE TWO SHOTS IN THE RUN ONE FROM THE DEAD RIGHT CORNER, AND THAT ONE JUST ABSOLUTELY NO DEFENSE MAYBE MAYBE DAVE DEBUSSCHERE COULD HAVE STOPPED THAT PLAY MARV: BACK COURT OF JOHNSON AND HARRIS FOR NEW JERSEY VAN HORN, COLLINS, AND JEFFERSON UP FRONT HERE’S JEFFERSON HE ACTUALLY HAD LOST CONTROL AND HE WAS ABLE TO TIP IT HOME STEVE: HE WILLED THAT ONE IN THAT’S WHAT NEW JERSEY NEEDS MORE WILLFUL PLAY FOR THE REST OF THE TEAM YOU’VE GOT TO PLAY AGGRESSIVE AND TRY TO MAKE THE LAKERS MAKE SOME MISTAKES BILL: LOOK HOW NOBODY FROM THE LAKERS HOLDS THE BALL AS SOON AS THEY GET IT, THEY ARE MOVING IT RIGHT AWAY NOT A LOT OF STANDING AROUND NOT A LOT OF HESITATION MARV: HERE’S SHAW COMING UP SHORT ON THE THREE-POINT ATTEMPT STEVE: JOHNSON, JEFFERSON, VAN HORN, THEY HAVE TO HAVE A CLEAR-CUT IDEA OF WHERE THEY WANT TO GO ON THIS END OF THE FLOOR MARV: ANTHONY JOHNSON PLAYING WITH HIS FIFTH NBA TEAM IN FIVE YEARS HE WAS PLAYING IN MOBILE, ALABAMA, IN THE DEVELOPMENTAL LEAGUE, BEFORE SIGNING WITH THE NETS VAN HORN FOR THREE BRYANT LOST IT FROM BEHIND JEFFERSON GETS A PIECE OF IT RICHARD JEFFERSON WITH SUCH POISE FOR A FIRST-YEAR PLAYER AND HORRY TRIPS HIM SO THE FOUL ONCE AGAIN ON HORRY THIRD TEAM FOUL ON THE LAKERS STEVE: THIS IS AN AGGRESSIVE RICHARD JEFFERSON HE’S PUTTING THE PRESSURE ON THE LAKERS DEFENSE THE BALL COMING OUT OF HIS HANDS BUT YOU’VE GOT TO KEEP IT GOING MAYBE THAT’S PART OF THE RIVER THING [LAUGHTER] MARV: WELL, SHAQUILLE WITH 11 POINTS THREE BLOCKED SHOTS ONCE AGAIN HAS DOMINATED THE ACTION THAT WAS LAST TOUCHED BY O’NEAL WE ARE EARLY IN THE SECOND QUARTER THE LAKERS LEAD 38-27 STEVE: THREE OF THE LAKERS STARTERS ON THE BENCH BUT THE REASON THEY ARE NOT GETTING OFFENSIVE REBOUNDS IS THEY DON’T KNOW WHEN THE SHOTS ARE GOING TO COME UP YOU CAN’T WORK TO THE GLASS WHEN YOU DON’T KNOW WHEN THE BALL IS GOING TO GO IN THE AIR BILL: GRANTED NEW JERSEY HAS CHANGED SOME OF THEIR STRATEGY IN TERMS OF ATTACKING SHAQ BUT THEY HAVE MISSED 13 SHOTS AND ZERO OFFENSIVE REBOUNDS THAT WAS A STRENGTH FOR THEM IN GAME ONE AND TWO IN LOS ANGELES MARV: LAKERS BACK IN POSSESSION OFF OF THE FOUL ON JEFFERSON LINDSAY HUNTER HAS CHECKED IN FOR THE FIRST TIME

IT IS GEORGE, O’NEAL, AND FOX UP FRONT HUNTER AND SHAW IN THE BACK COURT HERE’S GEORGE FIRING ONE UP IT IS THE OFFENSIVE FOUL THE NETS GOING TO THE ZONE WE HAVEN’T SEEN MUCH OF THAT DEVEAN GEORGE TRYING TO MAKE IT TO THE RIM STEVE: THEY RUN THREE GUYS AT SHAQ AND THAT TURNS DEVEAN GEORGE INTO A DRIVER BUT HE WENT TOO FAR HE COULD HAVE PULLED UP IN THE MEDIUM RANGE JUMPER BILL: WHERE IS KEITH VAN HORN? THE GUY IS 1-4 THAT’S AN ALL NBA PERFORMER OUT HERE MARV: GOOD BOX OUT BY GEORGE KEITH VAN HORN WAS UPSET THAT HE DID NOT PLAY AT ALL IN THE FOURTH QUARTER IN GAME TWO BYRON SCOTT GOING WITH RICHARD JEFFERSON BILL: IF HE PLAYED A LOT BETTER, HE WOULD HAVE BEEN OUT THERE MARV: HERE’S FOX YES AND THE LAKERS LEAD 40-27 THIS, FOR THE NETS, THEIR FIRST EVER NBA FINALS GAME AT HOME STEVE: THE NETS, OVER THE NEXT 7:16, THEY HAVE TO WORK AT GETTING CONTROL OF THE GAME THE LAKERS ARE IN THE SAME POSITION THEY WERE THE NETS ARE REACTING THEY ARE NOT SURE WHAT THEY WANT TO DO THE LAKERS ARE VERY POSITIVE IN EVERY POSSESSION MARV: JASON KIDD AND KENYON MARTIN GETTING SET TO CHECK BACK IN VAN HORN IS STOPPED BY THE DOUBLE AND FOULED BY HUNTER STEVE: GOOD FORTUNE COMES TO VAN HORN HE LOST A BALL AND IT BOUNCES BACK TO HIM HUNTER ON THE REACH-IN MARV: LAKERS’ FOURTH TEAM FOUL SO THE NETS WITH COLLINS AT CENTER MARTIN AND VAN HORN UP FRONT KIDD AND HARRIS AT THE GUARDS STEVE: OUCH SEE, I THINK VAN HORN IS TRYING TOO HARD OFFENSIVELY HE’S FORCING SOME OF HIS EFFORTS HE’S QUICK SHOOTING THAT’S NOT GOING TO GET IT DONE THAT WILL GET RICHARD JEFFERSON IN THERE FOR 40 MINUTES BILL: WE’VE LEARNED FROM OUR GOOD FRIEND IT IS IMPORTANT TO TRY HARDER MARV: ABSOLUTELY STEVE: [LAUGHTER] MARV: THE ENTIRE STAFF HAS BEEN WORKING WITH YOU, BILL, ON THE PARTICULAR SUBJECT [LAUGHTER] MARV: O’NEAL — BILL: WHAT TRANSITION DEFENSE FOR LOS ANGELES? JASON KIDD IS AS GOOD AS ANY PLAYER IN THE GAME TODAY AT CREATING FAST BREAK OPPORTUNITIES HE IS UNABLE TO GET INTO THE OPEN COURT MARV: THE LAKERS HAVE BEEN EFFECTIVE IN STOPPING THE BALL WE HAVEN’T SEEN THE JASON KIDD THAT WE SAW DURING THE REGULAR SEASON HE DID DRAW THE FOUL IT IS ON HUNTER BILL: THE DEFENSE HAS FORCED JASON KIDD TO BECOME A SHOOTER INSTEAD OF A PASSER THAT’S NOT A GOOD THING JASON HAS TAKEN SEVEN SHOTS ONLY HAS TWO ASSISTS ON THE NIGHT STEVE: YOU DON’T GET ASSISTS WHEN YOU THROW THE BALL TO GUYS THAT ARE NOT MAKING SHOTS HE’S GOT A FINE SHOOTER KITTLES IS BACK IN THE GAME MARV: AND KOBE BRYANT GETS SET TO CHECK BACK IN KIDD AT THE LINE FOR THE FIRST TIME AND THE NETS CONTINUE TO HAVE THE DIFFICULTIES AT THE FOUL LINE WELL, FROM THE CREATOR OF “LAW AND ORDER” COMES THE NEW SUMMER SERIES, “CRIME AND PUNISHMENT.” REAL CASES, REAL LIFE “CRIME AND PUNISHMENT” PREMIERS NEXT SUNDAY NIGHT AT 10:00, 9:00 CENTRAL RIGHT HERE ON NBC STEVE: THE NETS STARTED THE QUARTER SHOOTING 50% BUT THEY HAVE FALLEN OFF OF THAT THEY MISS A COUPLE OF FREE THROWS THEIR STORY HAS TO BE GETTING THE BALL THEY’VE GOT TO FIND WAYS TO SCORE BILL: ON-COURT LEADERSHIP THE BIGGEST BREAK DOWN FOR NEW JERSEY IN THE FINALS MARV: KITTLES LOOKING TO HELP OUT ON THE DOUBLE SHAQ GAVE IT BACK IT IS AN OPEN SHOT FOR GEORGE THAT IS 1-7 HERE IN THE SECOND QUARTER MARTIN TAKES IT TO THE RIM THAT’S WHAT SCOTT WANTS TO SEE KENYON MARTIN DIGGING FOR THAT FRONT RIM TO DRAW THE FOUL IT WAS ON DEVEAN GEORGE MARTIN WAS HOPING TO MAKE CONTACT WITH SHAQUILLE O’NEAL BILL: THEY HAVE TO DO SOMETHING TO GET THE LAKERS BACK ON THEIR HEELS SO FAR THEY HAVE BEEN COMPLETELY UNSUCCESSFUL BILL: HERE’S A GUY WHO HIT HIS FIRST SHOT OF THE GAME 13 SECONDS INTO THE CONTEST TONIGHT SINCE THEN, HE HAS BEEN 0-4, AND THE FORWARD COMBINATION OF MARTIN AND VAN HORN STARTING TO MAKE LAST YEAR’S DISASTER FROM JERMAINE JONES AND TYRONN HILL LOOK LIKE A BUNCH OF HALL OF FAMERS MARV: KENYON MARTIN HAS HAD A SOLID FIRST HALF THOUGH BILL: THEY ARE DOWN BY 12 POINTS MARV: KENYON MARTIN IS NOT THE REASON [LAUGHTER] BILL: WE SAW WITH ONE PLAYER PLAYING WELL, YOU CAN TAKE THE LAKERS TO THE WIRE MIKE BIBBY SHOWED US IN THE LAST SERIES WHERE IS THE ONE GUY? MARV: THEY DON’T HAVE THAT KIND

OF SCORER THEY NEED THE MOTION OFFENSE, WHICH THEY ARE NOT ABLE TO GET INTO THEY HAVE TO PUT FOULS ON SHAQUILLE O’NEAL WHICH THEY HAVE NOT BEEN ABLE TO DO HERE IS SHAQ ON THE FOLLOW THE LAKERS LEAD 42-28 STEVE: YOU ONLY HAVE TO REMIND HIM THAT SACRAMENTO WAS NOT A ONE HORSE TEAM BIBBY WAS A BIG MOMENT PLAYER MARV: THE REJECTION BY O’NEAL IT IS HIS FOURTH THEY WILL COUNT IT NO, THEY WILL COUNT IT THE BASKET COUNTS PHIL JACKSON IS VERY UPSET HE THOUGHT IT WAS A BLOCKED SHOT STEVE: HE GOT DISMISSED BY DANNY CRAWFORD GO SIT DOWN MARV: THE LAKERS LEAD BY 12 JUST UNDER 5:00 REMAINING IN THIS FIRST HALF STEVE: NICE PASS MARV: REJECTED EMPHATICALLY BY MARTIN AND PHIL JACKSON IS SAYING, WELL, WILL THAT COUNT? BILL: HOW ABOUT SOME CONSISTENCY? THAT WAS CLEARLY A GOAL TENDING I’M NOT SURE ABOUT SHAQUILLE O’NEAL THE BALL IS JUST STAYING UP THERE STEVE: STILL ON THE WAY UP BILL: PLEASE, STEVE, MY GLASSES MARV: O’NEAL DEEP SHOT FOR SHAQ THE CROWD WANTED A FOUL ON O’NEAL AS HE MADE CONTACT WITH KIDD AND THEN AWAY FROM THE BALL WE GET A CALL ON HORRY AS YOU CAN SEE HE DID NOT AGREE WITH IT HE IS HIT WITH A TECHNICAL FOUL FOR SHOWING UP THE OFFICIAL FOLLOWING THAT CALL, HORRY COLLECTS HIS THIRD PERSONAL BILL: HORRY IN THE TRANSITION DEFENSE TODD MACCULLOCH TRYING TO GET POSITION WOW STEVE: YOU DON’T KNOW THE FORM ON THE BACK BILL: WAIT A SECOND HE’S GOT A LEGITIMATE BEEF THE LAKERS HAVE TO KEEP THEIR POISE HERE MARV: JASON KIDD MISSED ON HIS FIRST TWO FREE THROWS ABLE TO HIT THE TECHNICAL BILL: TODD MACCULLOCH A SLOW DELIVERY THAT’S GOAL TENDING AS WELL THAT’S ON THE WAY DOWN STEVE: AS WELL? BILL: AS WAS KENYON MARTIN’S GOAL TENDING BUT THE FOUL ON ROBERT HORRY UGH MARV: TODD MACCULLOCH TO THE LINE FOR THE FIRST TIME STEVE: SOMEONE FAMOUS WOULD SAY I TOTALLY DISAGREE WITH YOU, BILL BILL: YOU ARE CERTAINLY ENTITLED MARV: BILL, YOU SOUND LIKE YOU ARE SULKING WE DON’T LIKE TO SEE IT BILL: ALL I WANT IS CONSISTENCY MARV: NETS ARE WITHIN NINE NETS GO TO PRESSURE THE STEAL BY MARTIN VAN HORN FOR THREE YES! KEITH VAN HORN FROM DOWNTOWN BRINGS THE NETS WITHIN SIX AGAIN, THE NETS PUT THE PRESSURE ON 8-0 RUN BY NEW JERSEY RICK FOX FOR SHAQUILLE O’NEAL, AND HE IS FOULED VAN HORN TRYING TO HELP OUT GOT A PIECE OF O’NEAL BILL: THE CROWD HAS COME ALIVE HERE BEHIND SOME FINE DEFENSIVE PLAY, KENYON MARTIN GETS IT GOING INTO THE TERRIFIC BALL MOVEMENT KITTLES TRYING TO GET KEITH VAN HORN GOING STEVE: WHAT’S HIS NAME? BILL: KEITH VAN HORN STEVE: I JUST WANT YOU TO REMEMBER HE HAS ONE MORE SHOT IN HIM BILL: IN THE FIRST HALF, HOPEFULLY HE HAS MORE THAN ONE MARV: O’NEAL IS FOULED BY MCCULLOUGH SHAQ WILL GO TO THE LINE ONLY ONE OF THREE FROM THE LINE STEVE: WHAT NEW JERSEY IS LOOKING FOR MORE THAN ANYTHING ELSE IS CONTROL OF THE GAME THEY ARE NOT GOING TO CONTROL SHAQUILLE O’NEAL THEY LET THAT BALL COME IN THAT DEEP TODD MACCULLOCH IS IN HIS MERCY EVERY TIME HIS FREE THROWS HERE DO NOT LOOK SMOOTH AND EASY FOR HIM EARLY BILL: THAT’S CALLED FACE WHAT SHAQ DOES IN TERMS OF KEEPING HIS ELBOWS OUT CONSTANTLY HE NEVER BRINGS THEM DOWN SHOULDER HEIGHT CREATES SPACE DRAWS THE CONTACT THAT’S ALSO CALLED FACE MARV: 65% FROM THE LINE DURING THE POSTSEASON HE WAS UPSET AT PHIL JACKSON THE OTHER DAY, PHIL COMES AT THE END OF THE GAME, WANTED HIM TO INBOUND THE BALL SO THAT THEY WOULD NOT FOUL HIM HE SAID WHAT ARE YOU TALKING ABOUT? I CAN SHOOT FREE THROWS NOW MCCULLOUGH WITH POSITION THE LAKERS LOOKING FOR A TRAVELING VIOLATION THE NETS HAVE TRAILED BY AS MANY AS 14 THEY ARE DOWN BY SIX TODD MCCULLOUGH HAS 10 POINTS STEVE: MCCULLOCH USING SHAQ’S MOVE THE HOT POWER STEP AND THEN ONE MORE STEP BILL: THAT’S WHAT SACRAMENTO HAD SACRAMENTO HAD BIG GUYS THAT COULD TAKE THE BALL TO SHAQ

WHY WAIT UNTIL GAME THREE? MARV: FOUL ON VAN HORN THAT IS HIS SECOND THE NETS’ FOURTH TEAM FOUL BILL: LET’S TAKE A LOOK AT TODD’S FEET OUT OF THE PICTURE HERE HE MAY HAVE BEEN ABLE TO KEEP THAT TOE ON THE GROUND MARV: TODD MCCULLOUGH HEARS IT FROM THE CROWD AS HE IS REPLACED BY JASON COLLINS MCCULLOUGH, 4-10 FROM THE FIELD 10 POINTS STEVE: THE SECRET TO THAT MOVE IS BIG FEET SHAQ HAS BIG FEET TOO MARV: FOUL ON THE REACH IN VAN HORN IS UPSET HE JUST PICKED UP HIS THIRD THE NETS ARE IN THE PENALTY BILL: THE LAKERS ARE GETTING PENETRATION, LAYING THE BALL OFF TO SHAQ THEY’VE DONE IT A NUMBER OF TIMES THE NEXT TIME THEY COME DOWN, COME IN AND FAKE IT TO SHAQ GET YOUR OWN SHOT BUT THE INABILITY TO GUARD PERIMETER PLAYERS AND THE INABILITY TO SLOW SHAQ DOWN HAS JUST LED TO THE PARADE TO THE FREE-THROW LINE OF APPROACHING MOMENTS OF THE FIRST HALF MARV: NAILED THREE OF FIVE MAKE IT 4-6 FROM THE FOUL LINE RICHARD JEFFERSON HAS COME ON FOR KEITH VAN HORN STEVE: JUST STARTED TO GET WARMED UP, TOO, COACH AND HE TOOK ME OUT BILL: I UNDERSTAND THAT YOU ARE ACTING AS IF A COACH WANTS THE PLAYER TO DO POORLY MARV: COMING UP ON 3:00 REMAINING IN THE HALF STEVE: THEY HAVE TO WAKE UP KERRY KITTLES HE GOT THAT ONE FIELD GOAL, AND WE HAVE NOT SEEN HIM MARV: FOURTH FOUL RICK FOX, IT IS A FLAGRANT FOUL BILL: RICK FOX’S ARGUMENT IS THAT KENYON MARTIN THREW HIM TO THE GROUND IF THAT’S NOT A FOUL, WHY SHOULD THIS BE A FOUL? PHIL JACKSON IS UP OFF OF THE BENCH MARV: JASON COLLINS IS QUICK TO STEP IN FRONT OF KENYON MARTIN HE DID NOT WANT KENYON, WHO HAS BEEN ON THE VOLATILE SIGN FROM TIME TO TIME, TO GET INVOLVED BILL: RICK FOX NEVER GETS INVOLVED WITH CONFRONTATIONS LIKE THIS WITHOUT GOOD REASON MARV: WE’LL GET A LOOK AT THE PLAY YOU WILL SEE THAT MARTIN PUT THE HIT, THE BOTTOM OF YOUR SCREEN BILL: HE RUNS HIM RIGHT OVER THROWS HIM DOWN REFEREE STANDING THERE AT THE BOTTOM OF THE SCREEN HE DOES NOTHING ABOUT IT HE CALLS A FLAGRANT FOUL ON RICK FOX STEVE: WOULD YOU CALL THAT A THROWDOWN? IT WASN’T LIKE HE REALLY POPPED HIM HE RAN THROUGH THEM BUT IT WASN’T THAT VIOLENT COME ON MARV: NOW THE NETS WITH POSSESSION OFF OF THE FLAGRANT MARTIN ABLE TO COME RIGHT BACK GOING AT FOX TO BRING THE NETS WITHIN FOUR 2:50 TO GO IN THE HALF BILL: EMOTIONS BOILING OVER HERE THE NBA FINALS HAVE BEGUN STEVE: FOR NEW JERSEY, THEY’VE GOT TO CONTROL THE BALL STOP THE BALL AT THE POINT OF ATTACK MARV: FISHER FOR O’NEAL SHAQUILLE O’NEAL ON THE STUFF HE HAS 19 AND THE LAKERS LEAD 48-42 BILL: WHEN HE COMES OUT OF THE PLAYS GRIMACING AND GROWLING GRUMBLING AND ROARING THROW IT DOWN, BIG MAN THROW IT DOWN MARV: MARTIN REBOUNDED BY COLLINS LOOKED LIKE DEVEAN GEORGE TOOK A HIT STEVE: HE GOT HIT IN THE HEAD COLLINS LOST CONTROL OF THE BALL TRYING TO GET IT BACK, HIT DEVEAN GEORGE BILL: LAKERS COME BACK TO SHAQ EARLY GO TO THE HOOP MARV: THAT’S JUST WHAT O’NEAL TRIED TO DO GOOD HUSTLE BY GEORGE NOT ABLE TO CONTROL STEVE: SIX-POINT GAME AND NEW JERSEY NEEDS TO BE ABLE TO FIND A WAY TO CONTROL THE BALL WHEN THEY DON’T CONTROL THE BALL, SHAQ BECOMES A MAJOR ISSUE FOR THE LAKERS MARV: 1:53 REMAINING FIRST HALF BILL: THE NETS STILL DO NOT HAVE A SINGLE SECOND-CHANCE POINT MARV: JASON KIDD NOT ABLE TO HIT DEVEAN GEORGE PLAYING WELL HE HAS BEEN ON A NUMBER OF LOOSE BALLS LAKERS UP BY SIX 1:30 REMAINING IN THE FIRST HALF STEVE: FOR NEW JERSEY THEY’VE GOT TO KEEP THE GUY WITH THE BALL IN FRONT OF THEM MAKE HIM SHOOT OVER THE TOP MARV: THAT’S WHAT FOX DOES KIDD ON THE REBOUND RUNNING THE FLOOR KITTLES AROUND BRYANT KIDD TRIED TO GIVE IT UP, AND HE IS CALLED FOR THE CHARGE OFFENSIVE FOUL KIDD COMMITTING HIS FIRST BILL: THE LAKERS ARE SO GOOD AT STEPPING IN FISHER SETS THE PACE WITH THAT, HORRY, FOX GETS IN THERE, EVEN DEVEAN GEORGE GETTING INTO THE ACTION HERE REESTABLISH ORDER WITH THE

LAKERS ON THE ROAD GO INTO THE HALF WITH TOTAL CONTROL MARV: BOTH TEAMS ARE NOW IN THE PENALTY ONE MINUTE REMAINING, FIRST HALF STEVE: THIS IS KOBE TIME YOU’VE GOT TO KEEP HIM IN FRONT OF YOU THEY DON’T MARV: BRYANT ABLE TO FIND O’NEAL SHAQ HAS 21 POINTS LAKERS 50, NETS, 42 STEVE: EVERY TIME THEY DRIBBLE, SOMEBODY COMES TO THEM SHAQ IS THERE FOR THE DUMP BILL: YOU ARE NOT GOING TO WIN IF YOU CANNOT CONTAIN MARV: BEAUTIFUL PASS THROWN BY MARTIN ON THE HOP TO KIDD BILL: THEY TRIED THAT IN GAME TWO MARTIN PLAYING THE EXTENDED WEAK SIDE STOLEN AGAIN BY MARTIN MARV: MARTIN WITH THE SAVE KITTLES AND JEFFERSON YES! KENYON MARTIN HAS HAD AN OUTSTANDING FIRST HALF 50-46 THE NETS PLAYING AGGRESSIVE BASKETBALL FOR THE FIRST TIME IN THREE GAMES AND IT HAS PAID DIVIDENDS HERE IN THE FIRST HALF THEY HAVE TRAILED BY AS MANY AS 14 IT’S A FOUR-POINT GAME AS THE FIRST HALF WINDS DOWN TEN SECONDS TO GO BRYANT LOST IT BUT HE’S HIT THE FOUL IS CALLED ON KIDD BILL: THE CONFIDENCE OF KOBE BRYANT BUT FIRST OF ALL, NEW JERSEY HAS GOT BACK IN THE GAME THEY ARE GOING TO NEED A LOT MORE PLAYS LIKE THIS, TAKING ADVANTAGE OF SHAQ NOT BEING IN THE BASKET AREA THEN WITH KENYON MARTIN, THAT SHOULD HAVE BEEN A FOUL RIGHT THERE CALLED ON KENYON MARTIN THAT LED TO RICHARD JEFFERSON’S ABILITY TO GO UNDERNEATH FOR THE REVERSE MARV: SHAQUILLE O’NEAL SCORED THE LAST 10 POINTS FOR THE LAKERS 8.7 SECONDS ARE MANY IN THE — REMAINING IN THE HALF, AND LOS ANGELES UP BY FIVE STEVE: WHAT IS WRONG WITH YOUR ARM? IT IS UP ALL THE TIME IT IS UP ALL THE TIME MARV: THEY GET THE IDEA THAT HE WANTS TO SPEAK AT EVERY POSSIBLE SECOND STEVE: THIS IS A THREE-MAN TEAM BILL: YOU HAVE NO IDEA HOW HARD I’M TRYING, MARV MARV: 52-46 LAKERS WITH THE LEAD FINAL SECONDS OF THE HALF MARTIN FOR THREE [BUZZER] WELL, THE NETS ARE HEARING IT FROM THIS CROWD THEY ARE WITHIN SIX POINTS THE HIGH SCORER, SHAQUILLE O’NEAL WITH 21 HE ALSO HAS SIX REBOUNDS KOBE BRYANT HAS 14 WELL, NO TEAM HAS WON ALL THREE GAMES AT HOME SINCE THE NBA WENT TO THE 2-3-2 FORMAT BACK IN 1985 THE NETS IN A DESPERATE SCENARIO TRAILING IN THE BEST OF 7, 2-0 TRAILING HERE AT THE HALF BY SIX >> WELCOME BACK TO THE NBA’S GREATEST GAMES LEWIS: LEWIS JOHNSON BACK INSIDE WITH THE SECOND HALF COMING UP IN JUST A MOMENT I TALKED TO BYRON SCOTT MOMENTS AGO HE THOUGHT HIS TEAM WAS MORE FOCUSED ON THE OFFENSIVE DEFENSIVELY THEY WANT TO CLOSE OUT THE PERIMETER SHOOTERS OF THE LAKERS IN THE SECOND HALF ONE MEDICAL NOTE ON KEITH VAN HORN, WHO WAS TROUBLED BY A PROBLEM WITH HIS RIGHT ARCH HE TOLD ME THAT IS AN OLD PROBLEM IT IS REALLY SORE HE HAS LASTED 70%, BUT OBVIOUSLY, HE IS STILL AVAILABLE JIM: THANK YOU, LEWIS A SHORT AND SWEET CONVERSATION PHIL JACKSON TOLD HIS TEAM TO RUN THE TRIANGLE IN THE SECOND HALF HE LEFT THEM BY SAYING DO THE SAME THINGS, JUST BETTER MUCH LIKE MARV SAYS TO BILL ALL THE TIME MARV: JIM STILL PUNCHY AFTER HIS EXPERIENCE IN THE RING POST FIGHT LAST NIGHT TALKING WITH MIKE TYSON KOBE BRYANT COMING FROM BEHIND TO REJECT JASON KIDD IN THE FIRST HALF, THE LAKERS 19-37, THE NETS, WHO HAVE THAT ROUGH SPELL, 46% KENYON MARTIN ON THE FOLLOW KENYON MARTIN CONTINUES HIS OUTSTANDING PLAY HE NOW HAS 13 POINTS STEVE: HOW’S THAT FOR THE NUMBER ONE PICK IN THE DRAFT? BILL: IT’S ABOUT TIME WHAT DO YOU DO, WAIT UNTIL YOU ARE DOWN 2-0 BEFORE YOU START DOING SOMETHING? THIS IS WHERE THE CHAMPIONS ASSERT THEMSELVES THEY NAILED IT DOWN RIGHT HERE AT THE START OF THE THIRD MARV: BRYANT KOBE BRYANT HAS 16 POINTS LAKERS UP BY 6 MARV ALBERT, BILL WALTON, AND STEVE SNAPPER JONES FROM THE CONTINENTAL AIRLINES ARENA THE NEW JERSEY NETS, THEIR FIRST EVER NBA FINALS GAME AT HOME

FOUL BILL: DID YOU SEE SHAQ GUARDING TODD MACCULLOCH? HE WAS INVITING HIM TO SHOOT I DON’T CARE WHAT YOU DO AND TODD PLAYED PRETTY WELL IN THE FIRST HALF MARV: JASON KIDD HITS THE TECHNICAL HE NOW HAS 10 POINTS BILL: SHAQ AND KOBE IN THE FIRST HALF, GREAT SHOT DISTRIBUTION 21 SHOTS BETWEEN THEM — 22 SHOTS BETWEEN THEM, EXCUSE ME A LOT OF POINTS ASSISTS FOR KOBE AND BLOCKS FOR SHAQ THOSE CAME EARLY MARV: ROBERT HORRY PLAYING WITH THREE FOULS LAKERS BACK TO THE STARTING LINEUP FISHER AND BRYANT IN THE BACKCOURT OFFENSIVE FOUL IT IS ON BRYANT THAT IS HIS SECOND STEVE: KOBE WENT DOWN IN THE LOW POST TRYING TO KEEP THE DEFENSE AWAY, GOING TO HOLD HIM OFF WITH A LITTLE BIT OF HOOK AND HOLD BILL: WAIT A MINUTE THE LAKERS ARE GOING TO PLAY THROUGH A LOT TONIGHT MARV: MARTIN GOING AT HORRY STEVE: WHAT YOU WOULD LIKE TO SEE FROM NEW JERSEY WHEN THEY GET THE BALL AT THE OFFENSIVE END IS A DEFINITIVE IDEA ABOUT WHERE THEY WANT TO GO AND HOW THEY WANT TO SCORE THEY JUST CAN’T HOPE AND PRAY MARV: SHAQ THROWS BACK OUT FISHER OVER KIDD O’NEAL MARTIN THOUGHT HE HAD A POTENTIAL BLOCK HE DID NOT BILL: HE THREW THREE GUYS OUT OF HIS WAY AND DID NOT EVEN COMMIT AN OFFENSIVE FOUL FLYING AROUND MARV: NICE BACKDOOR PASS VAN HORN CONVERTS BILL: WHAT VISION BY JASON KIDD VAN HORN WAS STILL UP AT THE FREE-THROW LINE MARV: SORE FOOT AND ALL O’NEAL SHAQUILLE O’NEAL HAS 25 THE LAKERS LEAD BY 7 IN GAMES ONE AND TWO, THE LAKERS LED BY AS MANY AS 23 EARLY TONIGHT, THEY LED BY 14 HERE IS MACCULLOCH REJECTED BY O’NEAL KEPT ALIVE BY RICK FOX STEVE: KERRY KITTLES FOULS, BUT I THINK THEY HAVE TO FIGURE OUT A WAY TO DO SOMETHING ABOUT THE OFFENSIVE REBOUNDING OF THE LAKERS YOU HAVE THREE GUYS AROUND SHAQ AND HE IS STILL ABLE TO POWER DOWN BILL: AND THEN HE COMES ACROSS THE LANE WITH HIS JUMP HOOK HE USES THE BALL TO PUSH THE DEFENDERS ARMS BACK TODD MACCULLOCH’S STRATEGY IS SERIOUSLY FLAWED MARV: FOX PUTS THE MOVE ON MARTIN HE LOST HIS BALANCE FOX LOST IT TRAVELING VIOLATION STEVE: TODD WAS WORKING HARD ON THAT PLAY TRYING TO GET HIM TO THE BREAK KIDD WAS WAITING FOR HIM ONCE HE GOT HIM, HE WAS NOT ABLE TO CHANGE DIRECTIONS THEY WERE FORTUNATE TO GET THE CALL BILL: JASON KIDD SHOULD HAVE SHOT THE BALL DEREK FISHER WAS ANTICIPATING IT THE WHOLE WAY MARV: THERE IS FOX PUTTING THE MOVE ON VAN HORN BRYANT FOR THREE KOBE BRYANT FROM DOWNTOWN HE HAS 19 THE LAKERS HAVE OPENED UP A 10-POINT LEAD BILL: SAME AS GAME 7 OUR PREGAME MEETING WITH KOBE, SO SHARP, SO CONCENTRATED NOTHING IS GETTING BY HIM TONIGHT MARV: KITTLES, A NICE MOVE ARE YOU REFERRING TO GAME 7 AGAINST THE SACRAMENTO KINGS? KNOCKED OUT OF BOUNDS STEVE: KITTLES AND VAN HORN HAVE GOT TO BECOME MORE ASSERTIVE IN THE SECOND HALF IN THE SCORING COLUMN BOTH OF THOSE GUYS ARE PRIMARY SCORES FOR THEM AND YOU CANNOT GO 10 OR 12 MINUTES WITH JUST A HOOP SHOT MARV: O’NEAL IS FOULED MACCULLOCH PICKING UP NUMBER THREE SHAQ IS 5-7 FROM THE LINE HE HAS HIT HIS LAST FOUR BILL: IF I AM PHIL JACKSON, I DO NOT TAKE EITHER SHAQ OR KOBE OUT THE ENTIRE REST OF THE WAY KEEP WEARING DOWN NEW JERSEY DONT GIVE THE CROWD A CHANCE TO GET BEHIND THE TEAM GO FOR THE KILL RIGHT NOW AND THE SERIES WILL BE OVER MARV: FOLLOWING THAT INTENSE DRAINING SERIES AGAINST THE KINGS WHERE THE LAKERS FACED DESPERATION AND ELIMINATION, THEY HAVE FOUND THEMSELVES HERE PLAYING WITH MUCH PASSION

SHAQ, OBVIOUSLY, IS HEALTHY HE IS STILL BOTHERED BY THE ARTHRITIC TOE AND OTHER PROBLEMS, BUT HE IS BACK TO THE SHAQUILLE O’NEAL THAT WE SAW ONE YEAR AGO BILL: HE HAS MADE THE COMMITMENT TO PLAY THROUGH THE PAIN RIGHT THERE, A CARELESS TURNOVER FOR NEW JERSEY WITH SHAQ PLAYING AT THIS LEVEL RIGHT NOW, HE HAS INSPIRED THE REST OF HIS GUYS WHO ARE MENTALLY DRAINED THE ON-COURT LEADERSHIP THEY’RE GETTING FROM THE BIG MAN AND HAS — HAS SET THE TONE NO ONE ABLE TO KEEP THE PACE STEVE: TODD MACCULLOCH SAYS HIS BAD EVERYBODY SAW THAT MARV: TODD MACCULLOCH CALLED FOR THE FOUL A HARD HIT ON BRYANT THAT IS FOUR ON MACCULLOCH STEVE: MACCULLOCH, ON THE LAST POSSESSION, WAS INDECISIVE ABOUT WHERE HE WANTED TO GO WITH THE BALL TRYING TO COME BACK, GETS A PIECE OF BRYANT AGAIN, STARTING TO LOSE CONTROL AT BOTH ENDS OF THE FLOOR THAT’S THE ONLY THING NEW JERSEY CAN HOPE FOR, TO GET CONTROL OF THE GAME AND REALLY CRACK THE CONFIDENCE OF THE LAKERS WHEN YOU LOOK AT KOBE, YOU ARE LOOKING AT A GUY THAT IS SMILING AND SAYING YOU GUYS DON’T HAVE A CHANCE MARV: KOBE BRYANT HAS HAD A GREAT RELATIONSHIP WITH NEW JERSEY HEAD COACH BYRON SCOTT IT WAS IN HIS LAST YEAR WITH THE LAKERS WHEN KOBE WAS JUST 17 YEARS OLD SCOTT WAS VERY HELPFUL IN TERMS OF BASKETBALL ALSO TEACHING KOBE HOW TO TAKE CARE OF HIS BODY THEY HAVE REMAINED CLOSE FRIENDS BILL: THE RELATIONSHIP BETWEEN THE VETERAN AND THE NEWCOMER IS SO CRITICAL IN THESE YOUNG STARS’ DEVELOPMENT KOBE, SUCH A SPONGE WHEN HE FIRST GOT STARTED NEVER REALLY GOT THE CHANCE TO GET INTO THE ACTION VERY MUCH EXCEPT WHEN THE TEAM WAS WAY BEHIND BYRON SCOTT WAS ALWAYS THERE WITH VERY POSITIVE WORDS MARV: THEY JUST CHANGED THE LAST FOUL FROM MACCULLOCH TO MARTIN MACCULLOCH HAS THREE HERE IS KENYON MARTIN, AND A FOUL BILL: THROW IT DOWN, KENYON MARTIN STEVE: YOU NEED A LOT MORE OF THESE BEFORE YOU START CELEBRATING, BUT THAT IS AN AGGRESSIVE DRIVE AS HORRY HAS HAD A TOUGH TIME IN THIS BALLGAME TONIGHT BILL: ONE OF THE FEW BREAKDOWNS YOU WOULD FIND FROM ROBERT HORRY SHOULD NEVER LEAVE KENYON MARTIN SHAQ IS DOING ALL THE HELP SHAQ DOES NOT HAVE TO GUARD ANY OF THE CENTERS FOR NEW JERSEY NOT COLLINS OR DERON WILLIAMS AND NOT TODD MACCULLOCH MARV: THE NETS SHOWING SOME LIGHT PRESSURE THAT HELPED THEM GET BACK INTO IT IN THE SECOND QUARTER THE LAKERS UP BY EIGHT KOBE BRYANT WAS UPSET HE WANTED THE BALL FROM DEREK FISHER FISHER FROM DOWNTOWN YES FISHER HAS PICKED IT UP FROM THREE-POINT LAND AFTER HAVING HUGE PROBLEMS EARLIER IN THE POST-SEASON BILL: HOW MANY PLAYERS TOUCHED THE BALL EVERY POSSESSION? MARV: VAN HORN FOR THREE THAT IS HIS SECOND THREE OF THE NIGHT BILL: NEW JERSEY HAS NOW DROPPED INTO A LITTLE BIT OF A ZONE DEFENSE ONE GUY DRIBBLING, AND THEN A LAYOFF AND THEN THAT GUY SHOOTS IT MARV: WIDE-OPEN FOR THREE, ROBERT HORRY ROBERT HORRY FROM DOWNTOWN AND THE LAKERS LEAD BY 11 STEVE: THE PROBLEM FOR NEW JERSEY HAS TO BE AT THE POINT OF ATTACK YOU HAVE GOT TO STOP THE BALL THEY ARE JUST LETTING THE LAKERS DECIDE WHO THEY WANT TO PASS IT TO, WHERE THEY WANT TO PASS IT BILL: THE CHAMPIONS HAVE BROUGHT THE BIG HAMMER IN THE SECOND HALF MARV: THE LAKERS NOW 7-11 FROM DOWNTOWN MARTIN STRIPPED BY HORRY LOOKS TO LEAD FOX BILL: TERRIBLE PASS MARV: SAVED BY FOX AND A LOOSE BALL FOUL ON FISHER BILL: LOOK AT ROBERT HORRY HE IS POINTING TO HIS FOREHEAD SAYING THAT WAS A DISGRACE STEVE: SO SORRY BILL: THAT IS EXACTLY WHAT HE SAID MARV: 5:48 REMAINING IN THE THIRD THE LAKERS LEAD BY 11 LEWIS: ROD HAS COME TO VISIT WITH SOME OF THE NEW JERSEY NETS FANS THIS TEAM WAS BARELY ON THE PLAYOFF MAP A FEW YEARS AGO CAME IN AND REVAMP THIS TEAM AND BROUGHT IN BYRON SCOTT AND HE DID THE BIG TRADE FOR JASON KIDD ROD: WE HAD A GOOD REGULAR SEASON UNTIL THIS SERIES, WE PLAYED VERY WELL IN THE PLAYOFFS NOW WE ARE PLAYING A GREAT LAKERS TEAM WE ARE GOING TO HAVE TO PLAY A LOT BETTER IF WE WANT TO GET BACK IN THE SERIES LEWIS: I WOULD IMAGINE THE MIND CONTINUES TO CALCULATE WHAT YOU

WILL DO NEXT IS IT POSSIBLE TO LET US IN ON SOME OF THE MOVES YOU WOULD LIKE TO SEE MADE? WHAT HELPS THIS TEAM MAKE A BETTER PLAYOFF RUN NEXT YEAR? ROD: WE WILL SIT DOWN AT THE END OF THE SEASON AND TRY TO ASCERTAIN WHAT WE NEED AND HOW WE CAN GO ABOUT GETTING THAT LEWIS: LAST QUESTION, AS WE KNOW, THIS GAME IS BUILT FOR THE ENJOYMENT OF THE FANS AS A GENERAL MANAGER, CAN YOU EVER TAKE OFF THE GENERAL MANAGER GLASSES AND SIT BACK AND RELAX AND ENJOY THE GAME? ROD: NOT AT ALL IF YOU ARE STANDING STILL, YOU’RE GOING BACKWARDS THAT IS SORT OF THE CREDO IN THE NBA WE HAVE TO ADD TO OUR TEAM AND GET BETTER LEWIS: WE THINK BACK TO THE BOSTON SERIES EVERYBODY THOUGHT YOU WERE OUT AFTER THE GAME 3 COMEBACK BY THEM WHAT DO YOU THINK THIS TEAM NEEDS TO DO TO GET BACK IN THE SERIES? ROD: WE OBVIOUSLY HAVE TO SLOW DOWN SHAQ A LITTLE HE HAS BEEN UNBELIEVABLE WITH THE WAY HE HAS PLAYED AND THE WAY HE HAS MADE HIS FREE THROWS AND WE HAVE TO MAKE SHOTS IT’S VERY SIMPLE LEWIS: THANKS FOR COMING DOWN YOU NEED A PEN BECAUSE I THINK YOU NEED TO SIGN A FEW AUTOGRAPHS MARV, BACK TO YOU MARV: 28 POINTS FOR SHAQUILLE O’NEAL THE NETS MAKING THE PLAYOFFS THIS SEASON FOR THE FIRST TIME SINCE BACK IN 1997-1998 MAKING THAT REMARKABLE THROW LAST TOUCHED BY KIDD THE LAKERS MAINTAIN POSSESSION LAST YEAR, THEY WON 26 LOST 56 SINCE 1989, THE NETS HAVE BEEN LAST OR NEXT TO LAST SEVEN TIMES BILL: IT IS SAD THAT THEY HAVE NOT PLAYED THE KIND OF BALL THAT WE WITNESSED THIS YEAR IN THIS FINALS THIS IS A GOOD BASKETBALL TEAM THE LAKERS, THIS IS A GREAT BASKETBALL TEAM STEVE: IN ORDER FOR US TO WITNESS THAT, THEY HAVE TO PLAY THIS WAY THE HAVE TO STEAL THE BALL, RUN UP AND DOWN THE FLOOR THEY HAVE TO STAY ENERGIZED DEFENSIVELY AND CAPITALIZE MARV: THE LAKERS NOW LEAD 71-63 JUST UNDER 5:00 REMAINING IN THE THIRD QUARTER HERE IS BRYANT KOBE HITS HE NOW HAS 21 POINTS IT IS A 10 POINT LAKERS LEAD FOUL ON STANISLAV MEDVEDENKO, MAKING CONTACT WITH KENYON MARTIN THIRD TEAM FOUL ON THE LAKERS STEVE: WHEN KIDD HAS THE OPEN COURT, HE MAKES THINGS HAPPEN VAN HORN HAS HAD A MUCH BETTER THIRD QUARTER AND HAS BEEN INVOLVED IN SOME SERIOUS SCORING FOR THE NETS THEY HAVE GOT TO DO A GOOD JOB OF STOPPING THE BALL KOBE BRYANT HAS HAD AN ANSWER EVERY TIME STEVE: MAYBE LEWIS JOHNSON SHOULD HAVE SPOKEN ABOUT VAN HORN’S PROBLEMS BEFORE MARV: VAN HORN PUTTING THE MOVE ON FOX KENYON MARTIN TRIED TO PUT IT DOWN, BUT IT IS OFFENSIVE INTERFERENCE GRABBING THE RIM, TAKE YOUR PICK BILL: THE QUICK JUMP HOOK AND OUTSTANDING EXECUTION WITH KENYON MARTIN HANGING ON THE RIM, THAT IS A CLEAR VIOLATION DANNY CRAWFORD RIGHT ON TOP OF IT, HAVING A STRONG GAME MARV: RATING THE OFFICIALS NOW INDIVIDUALLY STEVE: THE RATING CHANGES AS THE PLAY GOES [LAUGHTER] MARV: BRYANT THOUGHT HE WAS FOULED HERE IS VAN HORN FOR THREE NOW WILL WE HEAR YOUR ASSESSMENT OF DICK BAVETTA AND BOB DELANEY? ONCE THE GAME CONCLUDES? IS THIS A NEW FEATURE OF THE TELECAST? BILL: STAY WITH THE GAME, MARV [LAUGHTER] MARV: FOX WITH THE STEP, BLOCKED FROM BEHIND BY VAN HORN THE LAKERS HAVE 6 ON THE 24 RICHARD JEFFERSON AND LUCIUS HARRIS LUCIUS WITHOUT A FACE MASK BILL: IT HAS GOTTEN REAL SERIOUS, FORCING PHIL JACKSON TO TAKE A TIMEOUT TO MAKE THE NECESSARY ADJUSTMENTS TO THE UNMASKED LUCIOUS HARRIS >> WELCOME BACK TO HARDWOOD CLASSICS ON NBA TV AS WE CONTINUE OUR LOOK BACK AT GAME 3 OF THE 2002 NBA FINALS THE NETS TRIED TO GET BACK INTO THE SERIES, TRYING EVERYTHING THEY COULD TO SLOW DOWN A DOMINANT SHAQUILLE O’NEAL THAT WOULD LEAVE OTHERS OPEN FOR EASY BASKETS COULD JASON KIDD AND THE NETS GET BACK INTO THE SERIES? LET’S FIND OUT MARV: THERE IS THE FACE MASK ONCE WORN BY LUCIOUS HARRIS 0-9 THE OTHER NIGHT WE SPECULATED IT MIGHT BE TIME FOR LUCIUS, WHO DOES NOT NEED IT, TO SHED THE GEAR JASON KIDD RUNNING THE FLOOR HARRIS — I DO NOT RECOGNIZE LUCIUS HARRIS WITHOUT THE FACE MASK JASON KIDD THE LAKERS NOW LEAD 73-65 AS WE COME UP ON 3:00 REMAINING IN THE THIRD STEVE: IF THEY’RE GOING TO PRESSURE, THEY HAVE TO GO TO THE

BALL THEY ARE GOING TO FIND SHAQ AND THEN THE DEFENSE IS GOING TO REACT MARV: O’NEAL HAD IT KNOCKED AWAY BY MARTIN DAN CRAWFORD LOOKING FOR HELP FROM THE OUTSIDE OFFICIAL, DICK BAVETTA WHO SAYS LAST TOUCHED BY MARTIN BILL: NEW JERSEY SHOULD DO EVERYTHING POSSIBLE TO TAKE ADVANTAGE OF THE MISMATCH OF KENYON MARTIN OVER STANISLAV MEDVEDENKO STEVE: 9 ON THE SHOT CLOCK MARV: BRYANT MET BY HARRIS SHOT CLOCK TO FIVE KOBE NICE STEP-BACK MOVE BY KOBE BRYANT HE NEARLY LANDED ON THE NEW JERSEY BENCH BILL: THIS GUY IS PLAYING AT SUCH A HIGH LEVEL GIVE HIM THE BALL AND GET OUT OF HIS WAY THAT SHOT WAS NEAR IMPOSSIBLE MARV: KOBE, 9-13, 23 POINTS MARTIN PLAYED BY MEDVEDENKO SHOT CLOCK TO FIVE JEFFERSON, YES WON’T COUNT IT WAS WAVED OFF THERE WAS A FOUL FOUL COMMITTED BY MEDVEDENKO BILL: THE WEAVE BY NEW JERSEY COMING OFF THE HIGH SCREEN, THE BUMP — THAT IS WHERE THE PLAY WAS CALLED DICK BAVETTA RIGHT ON TOP OF THE CALL MARV: BOTH TEAMS HAVE FOUR TEAM FOULS THAT COUNTS, AND GETS THE CALL JASON KIDD STEVE: THE NETS ARE TRYING TO BE MORE AGGRESSIVE AT THE OFFENSIVE END COMING WITH THAT MOTION AND THAT WEAVE, JASON KIDD DECIDES TO GO ON HIS OWN HE’S THINKING FOUL ALL THE WAY THAT IS YOUR FAVORITE SHOT BILL: THAT’S A TOUGH SHOT MOVING TO YOUR RIGHT AFTER SIX DRIBBLES AND THEN PULLING UP? DON’T GET CARRIED AWAY I WAS TALKING ABOUT THE BANK MARV: 15 POINTS, 5 ASSISTS LOS ANGELES LEADS BY 7 POWER MOVE BY SHAQUILLE O’NEAL THAT IS 30 FOR SHAQ STEVE: IT IS NINE AND 10 IN THE QUARTER FOR SHAQ AND KOBE RESPECTIVELY EVERY TIME THE NETS MAKE A RUN, THOSE TWO CHANGE IT MARV: KIDD WITH A STEP HE SAW SHAQ MOVING IN HIS DIRECTION AND HE WAS ABLE TO GET IT OFF BILL: FOR THE FIRST TIME OF THE SERIES, BOTH TEAMS PLAYING WELL AT THE SAME TIME WHO CAN KEEP IT GOING? MARV: O’NEAL NOW BEING SURROUNDED SHOT CLOCK DOWN TO SIX FISHER, AND HE IS FOULED BY MARTIN, WHO WAS LOOKING FOR A JUMP BALL BILL: DEREK FISHER REALIZED HE WAS UP AGAINST THE SHOT CLOCK HE JUST TOLD EVERYBODY TO GET OUT OF THE WAY, I’M COMING TO THE HOOP STEVE: THAT IS WHAT HAS GOTTEN NEW JERSEY IN TROUBLE, NOT BEING ABLE TO KEEP THAT GUY UNDER CONTROL WHOEVER HE IS AT THE POINT OF ATTACK, WITH THE BALL AS BYRON SCOTT IS PRAYING GIVE ME A BREAK I NEED SOMETHING TONIGHT YOU UNDERSTAND WE ARE DOWN 2-0? BILL: YOU MAKE YOUR BREAKS IN THIS LIFE, STEVE MARV: MARTIN PICKS UP HIS THIRD DEREK FISHER USUALLY A SUPERB FREE-THROW SHOOTER, NOW 1-3 FROM THE LINE COMING TO NBC THIS SUMMER, THE NEW ACTION DRAMA, “SHE SPIES.” PREMIERING SATURDAY, JULY 20 ON NBC BILL: ROBERT HORRY HAS BEEN SITTING FOR A LONG TIME PHIL JACKSON NOW COMING IN WITH DEVEAN GEORGE MARV: DEVEAN GEORGE PLAYED 11 MINUTES IN THE FIRST HALF HE DID SOME GOOD STUFF DEFENSIVELY MARTIN OFF THE RECOVERY THROWS AT SHAQ WE DISCUSSED THE STRATEGY EARLIER ON THE PART OF THE NETS HAS BEEN TO GO AT SHAQUILLE O’NEAL SOMETHING WE DID NOT SEE OVER THE FIRST TWO GAMES ALTHOUGH SHAQ IS NOT PICKING UP FOULS HE HAS ONLY ONE ON IT WAS EARLY ON SIX-POINT LEAD FOR THE LAKERS ONE MINUTE LEFT IN THE THIRD THERE IS FISHER PERHAPS TOO MUCH ONE-ON-ONE FOR DEREK FISHER BILL: ONE-ON-ONE HAS TO COME FROM KOBE AND SHAQ MARV: THE NETS ARE WITHIN FOUR THEY ARE ON THEIR FEET AT CONTINENTAL AIRLINES ARENA THE NETS WILL GET IT BACK THREE-SECOND VIOLATION ON THE LAKERS BILL: SHAQUILLE O’NEAL SPROUTED ROOTS PHIL JACKSON — THE SMILE

RIGHT NOW, THE LAKERS HAVE TO BE VERY CONCERNED ABOUT THE SURGE THE CROWD IS INTO IT THE NETS ARE PLAYING GOOD BALL THE NETS ARE STILL PLAYING CATCH-UP MARV: THE NETS ARE WITHIN TWO BILL: THROW IT DOWN, R.J THROW IT DOWN MARV: O’NEAL DOUBLE-TEAMED SHOT CLOCK DOWN TO SEVEN GEORGE OFF THE FAKE 10 SECONDS LEFT THE NETS LOOK TO SET UP MARTIN THE GAME IS TIED AT 78-78 THE SHORT RIM! THE NETS CONCLUDE THE THIRD QUARTER >> WELCOME BACK TO THE NBA’S GREATEST GAMES BILL: THE LAKERS LED 70-61 WITH 5:30 TO GO IN THE THIRD THEY TOOK ROBERT HORRY OUT AND THINGS HAVE FALLEN APART HORRY HAS BEEN REINSERTED TO REESTABLISH ORDER MARV: KIDD PROVIDING THE TWO-POINT LEAD THE NETS DID NOT MAKE THEIR LAST EIGHT SHOTS THE LAST TIME THEY LEAD WAS IN THE FIRST QUARTER THEY ARE UP 14-13 BRYANT OFFENSIVE FOUL ON KOBE BRYANT THAT IS HIS THIRD PERSONAL BILL: THE SCENE WE ARE WITNESSING RIGHT NOW IS WHAT THE NETS LOYALISTS HAVE LIVED FOR FOR ALL THOSE YEARS LUCIUS HARRIS STANDING IN TAKING THE CHARGE THERE THE EMOTION RIGHT NOW IN THIS ARENA, JUST SPECTACULAR MARV: KIDD BOTHERED BY BRYANT THERE IS KIDD YES IT HAS BEEN A STEADY, SOLID GAME FOR JASON KIDD WHO HAS NOT FORCED THE ISSUE, BUT HAS TAKEN OVER IT IS A 12-0 RUN FOR NEW JERSEY THEY ARE UP BY FOUR A MINUTE GONE BY IN THE FOURTH BAD PASS SHAQ WAS TRIPLE-TEAMED HERE IS KIDD WITH THE LEAD FROM JEFFERSON THE NETS UP BY 6 ASSIST NUMBER SEVEN FOR JASON KIDD BRYANT IS FOULED BY WILLIAMS STEVE: FINALLY, THE CROWD CAN EXHALE IT HAS BEEN LED BY JASON KIDD REMEMBER MIKE BIBBY AND HIS ABILITY TO SHOOT OVER SHAQ? KIDD, THE TEARDROP, THE JUMP SHOT, EVERYTHING HAPPENING TO MAKE IT HAPPEN FOR THE FANS WHO HAVE BEEN ON THEIR FEET SINCE THE BREAK BILL: THIS IS NETS BASKETBALL THIS IS WHAT WE THOUGHT WE WERE GOING TO GET FOR THE ENTIRE SERIES MARV: THAT STOPS THE 14-0 RUN THE NETS HAVE HIT THEIR LAST 10 SHOTS THE NETS, UNTIL TONIGHT, HAVE NOT BEEN ALLOWED TO GET INTO WHAT HAS BEEN VERY SUCCESSFUL OFFENSE AND THEY HAVE NOT BEEN ABLE TO RUN UNTIL THIS EVENING BILL: YOU HAVE TO HAVE GREAT POINT GUARD PLAY IF YOU’RE GOING TO BE SUCCESSFUL AGAINST LOS ANGELES MIKE BIBBY PROVED THAT IN THE SACRAMENTO SERIES JASON KIDD, FOR THE FIRST TIME TONIGHT, IS LAYING HIS GAME — JASON KIDD, FOR THE FIRST TIME TONIGHT, IS PLAYING HIS GAME STEVE: THAT HAS ENERGIZED THE DEFENSE MARV: HERE IS HARRIS THE NETS UP BY 4 1:30 GONE BY IN THE FOURTH KIDD LOOKING TO HELP ON O’NEAL OPEN SHOT WHOA NICE FAKE BY KIDD HERE IS WILLIAMS YES THE NETS 86, THE LAKERS 80 THE NETS TRYING TO GET BACK IN THE SERIES THEY ARE DOWN 2-0 KOBE BRYANT WITH 28 BILL: NEW JERSEY PLAYING A DIFFERENT DEFENSE RIGHT NOW, IT IS ZONE THE ENTRY PASS IS NOT THERE KOBE BRYANT IS CARRYING THE OFFENSE FOR THE LAKERS BY HIMSELF STEVE: THEY HAVE TO KEEP SCORING THEY KNOW THE LAKERS WILL WAKE

UP MARV: ROBERT HORRY WITH HIS FIFTH PERSONAL STEVE: HE TRIED TO WAIT, BUT THIS IS GOOD PATIENCE BY KENYON MARTIN NOW A CHANCE FOR A 3-POINT PLAY BILL: BYRON SCOTT DOING EVERYTHING HE CAN TO GET THAT ROLL WE HAVE SEEN SIGNS OF LIFE FROM KENYON MARTIN TONIGHT MARV: 22 POINTS FOR MARTIN THE NETS HAVE HIT 12 OF THE LAST 13 SHOTS ONE STRETCH, THEY HIT 10 IN A ROW THEY LEAD BY SIX STEVE: SAY IT AGAIN FOR BILL 22 POINTS BILL: WHERE IS SHAQ? TIME TO GET HIM GOING MARV: TRAVELS UP THE PERIMETER SHAW O’NEAL, AND A FOUL IF IT IS WILLIAMS, IT IS NUMBER FIVE THE CROWD WANTED A FOUL ON O’NEAL IT IS CALLED ON AARON WILLIAMS STEVE: AARON WILLIAMS IS DOING EVERYTHING HE CAN TO HOLD HIM OUT WITH ONE HAND GET OUT OF THE WAY MARV: SHAQ IS 8-11 FROM THE LINE BILL: WHEN YOU’RE JUST STANDING THERE AND YOU GET THROWN OUT OF THE WAY — I DO NOT UNDERSTAND HOW THE MAN WHO IS THROWING GOES TO THE FREE-THROW LINE HOW LONG DOES PHIL JACKSON STAY WITH BRIAN SHAW WHO HAS THROWN UP A COUPLE OF REAL CLUNKERS? YOU HAVE GOT DEREK FISHER PLAYING WELL IT IS TIME FOR THE STARTERS FOR L.A NO TIME TO MESS AROUND YOU GIVE A TEAM HOPE AND CONFIDENCE AND A GAME THREE LIKE THIS, IT IS A SERIES MARV: QUICK HOOK NICE PLAY WILLIAMS LOST IT, BUT HE WAS HIT ON A REACH IN DEVEAN GEORGE TRIED TO KNOCK IT AWAY, AND HE WAS CALLED FOR THE FOUL 8:48 REMAINING IN THE FOURTH THE NETS 88, THE LAKERS 83 STEVE: AARON WILLIAMS HAD A COUPLE OF GREAT PLAYOFF SERIES THAT LAST JUMPER MAY HAVE GOT HIM GOING BECAUSE HE WAS NOWHERE IN THE BUILDING IN LOS ANGELES MARV: AARON WILLIAMS, 70% FREE-THROW SHOOTER ON THE SUBJECT OF SHOOTING, THE NETS, 19-27, 70% FROM THE FIELD IN THE SECOND HALF AT ONE STRETCH, THEY HAD 10 IN A ROW THEY NOW LEAD BY SEVEN AFTER TRAILING BY AS MANY AS 14 TRYING TO GET BACK INTO THE SERIES GOOD BALL MOVEMENT BY THE LAKERS, BUT NOT ABLE TO FIND THE SHOT GEORGE FORCING AND LOOK AT THIS! THE RAINBOW! DEVEAN GEORGE WITH THE SHOT CLOCK WINDING DOWN STEVE: THEY DID EVERYTHING RIGHT BILL: ALL YEAR LONG, THE WAY TO BEAT THE LAKERS IS ON OFFENSE RIGHT NOW, NEW JERSEY IS PLAYING SOME FANTASTIC — KENYON MARTIN SHOWING WHY AT ONE POINT HE WAS THE NUMBER ONE PICK IN THIS ENTIRE LEAGUE MARV: 24 FOR MARTIN THE NETS LEAD BY 7 FOUR MINUTES GONE BY IN THE FOURTH THERE IS BRYANT BEAUTIFUL MOVE BY BRYANT BILL: TO SEE THE DOMINATION ON THAT LAST GRAPHIC OF NEW JERSEY KILLING THE LAKERS POINTS IN THE PAINT THAT IS A REMARKABLE TURNAROUND THE HOME COURT VERY FAVORABLE FOR NEW JERSEY MARV: BRYANT HAS 30 O’NEAL HAS 31 WE TALKED WITH BYRON SCOTT BEFORE THE START OF THE SERIES HE SAID WE HAVE TO HOLD THESE GUYS TO A TOTAL OF 55 POINTS AND THEN WE HAVE AN EXCELLENT OPPORTUNITY TO WIN WE HAVE ALMOST SEVEN MINUTES REMAINING AND THEY ALREADY HAVE 61 FOUL ON WILLIAMS THAT IS NUMBER SIX BILL: THAT IS A BIG LOSS HE HAS FOUND HIS GAME HERE IN THE CLOSING MOMENTS OF GAME 3 THEY COME UP WITH JASON COLLINS TODD MACCULLOCH WILL NOT GET A LOOK IF BYRON SCOTT HAS HIS WAY STEVE: AN AGGRESSIVE SHOT BOTH HANDS ARE ON THE BALL IT MAKES IT LOOK LIKE THAT HE IS BEING HIT MARV: AARON WILLIAMS NOW IN THE NBA RECORD BOOKS FOR SOMETHING HE WOULD PREFER NOT BEING IN A RECORD BOOK FOUR HE PLAYED SEVEN MINUTES, COMMITTED A SIX FOULS THAT IS THE FEWEST MINUTES

PLAYED TO PICK UP SIX FOULS THE PREVIOUS RECORD, BOB HARRISON OF THE OLD MINNEAPOLIS LAKERS AGAINST THE KNICKS IN 1952, PLAYED NINE MINUTES AND HAD SIX FOULS SHAQ MISSES BOTH THE NETS LEAD, 92-87 FIVE MINUTES GONE BY IN THE FOURTH QUARTER STEVE: THE BALL HAS TO KEEP MOVING AND THEY HAVE TO KEEP SCORING THE LAKERS ARE A TEAM THAT CAN PLAY FROM THE REAR MARV: NICE PLAY BY FOX TO BREAK IT UP LUCIUS HARRIS COMES UP WITH A STEAL KIDD SOMEHOW GETS IT TO HARRIS, AND A FOUL IS CALLED THE LAKERS, THEIR THIRD TEAM FOUL FOX PICKS IT UP STEVE: THE LAKERS, WHO HAD GOOD CONTROL OF THE NETS DEFENSE — I MEAN, THE NETS OFFENSE AT THE DEFENSIVE END HAVE NOT BEEN ABLE TO CONTROL THE POINT OF ATTACK IN THE SECOND HALF MARV: WHAT A BEAUTIFUL PASS THE NETS LEAD BY 7 STEVE: THE FANS CHANTING IN UNISON “THROW IT DOWN.” K-MART HAS EMERGED FROM CHAPTER 11 MARV: O’NEAL IS FOULED BY COLLINS THE ROOKIE FROM STANFORD, JASON COLLINS HAS COME ON AFTER AARON WILLIAMS FOULED OUT STEVE: YOU SEE THAT THEY ARE NOT CONTROLLING JASON KIDD, THE RESULTS ARE KENYON MARTIN AND JEFFERSON ABOVE THE RIM THEIR ATHLETIC ABILITIES ARE ON DISPLAY AS THEY ARE IN FULL FLIGHT YOU ARE SENSING A LITTLE BIT OF A SHIFT TOWARD KENYON BILL: DANGEROUS TIMES FOR LOS ANGELES NEW JERSEY MAY HAVE FOUND THEIR GAME CROWD IS RIGHT THERE THOSE ARE DIKEMBE MUTOMBO NUMBERS FROM LAST YEAR STEVE: YOU HAVE TO KEEP THE LAKERS OUT ON THE PERIMETER KOBE AND SHAQ ARE GOING TO CARRY IT THE REST OF THE WAY MARV: SHOT CLOCK DOWN TO TWO GEORGE THEY CALL IT THE OTHER WAY IT IS A BLOCKING FOUL ON KIDD BYRON SCOTT LOOKING FOR A CHARGE BILL: PHIL JACKSON YELLING AT THE BENCH THEY ARE GOING TO COME UP WITH SAMAKI WALKER? WHAT HAS FISHER DONE WRONG? DEVEAN GEORGE TO THE LINE STEVE: SHAQ GETTING A BREATHER MARV: O’NEAL SITS DOWN WITH 31 POINTS, 10 REBOUNDS, 3 BLOCKED SHOTS DEVEAN GEORGE, ONLY 67% FOUL SHOOTER DURING THE REGULAR SEASON NETS 94, THE LAKERS 89 AS WE COME UP ON SIX MINUTES TO PLAY IN THE FOURTH QUARTER JEFFERSON STEVE: FANS EXPECTING THE NETS TO SCORE EVERY TIME THEY HAVE ABOUT TWO MINUTES TO BUST THIS GAME OPEN WHILE SHAQ IS ON THE BENCH BILL: PHIL JACKSON IS TAKING A HUGE GAMBLE MARV: BRYANT RARE MISS FOR KOBE IN THE SECOND HALF BEAUTIFUL PASS FROM KIDD HARRIS THOUGHT HE WAS FOULED BRIAN AND SHAW NOW PLAYING IN THE BACKCOURT KOBE, THE RUNNING HOOK BY KOBE BRYANT, WHO NOW HAS 32 POINTS BILL: KOBE BRYANT HAS TAKEN OVER THIS GAME BY HIMSELF, FORCING BYRON SCOTT TO TAKE A TIMEOUT PHIL JACKSON’S GAMBLE PAYS OFF KOBE BRYANT COMES IN WITH THE LITTLE ELBOW IN THE FACE OF JASON KIDD GIVES HIMSELF THE OPPORTUNITY THE LAKERS CUT IT TO THREE ARE THE NETS GOING TO BE ABLE TO RESPOND? MARV: RIGHT NOW, IT IS A 94-91 NEW JERSEY LEAD THE LAKERS HAVE WON SIX STRAIGHT FINALS GAMES LAST YEAR, THEY LOST THE OPENER AT HOME AGAINST PHILADELPHIA AND THEN WON FOUR IN A ROW FOR THE FIRST TIME IN THE SERIES, THEY ARE BEING CHALLENGED STEVE: KITTLES AND VAN HORN BACK OUT ON THE FLOOR TO FINISH MARV: MARTIN WITH A NICE MOVE ON HORRY GOOD PLAY BY GEORGE BILL: PHIL JACKSON STILL STAYING WITH BRIAN SHAW AND DEVEAN GEORGE STARTERS FOX AND FISHER ARE NOT GETTING THE CALL IN THE LAST MINUTES HERE CRITICAL MARV: ROBERT HORRY WITH 5 FOULS BRYANT FOR THREE GEORGE IS RIGHT THERE

HE HAS BEEN OUTSTANDING AT BOTH ENDS OF THE FLOOR DEVEAN GEORGE ON LOOSE BALLS HE HAS SIX REBOUNDS AND SIX POINTS HE BAILED OUT THE LAKERS WITH A RAINBOW SHOT FROM THE CORNER WITH THE 24-SECOND CLOCK RUNNING DOWN JUST MOMENTS AGO THE NET LEAD IS DOWN TO ONE HERE IS KIDD THE NETS LEAD BY THREE BILL: THE NETS HAVE THEIR OFFENSE GOING THAT IS CLICKING, BUT WHO CAN GET A DEFENSIVE REBOUND? THEY JUST NEED ONE BIG GUY TO COME FORWARD AND SAY THIS IS MINE STEVE: THERE’S A LOT OF TIME TO PLAY THEY HAVE GOT TO MAKE SEVERAL STOPS HERE AND THEY HAVE GOT TO DO IT WITHOUT O’NEAL GETTING THE BALL THEY GET A FOUL DOWN LOW MARV: COLLINS PICKS UP HIS FOURTH THE NETS IN THE PENALTY SHAQUILLE O’NEAL BACK TO THE LINE HE IS 9-15 FROM THE LINE STEVE: WHEN HE IS MOVING ACROSS THE LANE, THERE’S NOT A LOT JASON COLLINS CAN DO HE IS TRYING TO HOLD HIM AND NOT ABLE TO BILL: THAT IS AN OFFENSIVE FOUL COLLINS IS STANDING RIGHT THERE SHAQ PULLS HIM IN AND WALKS HIM OFF THE COURT, AND THEY SAY THAT IS COLLINS’S FOUL? STEVE: YOU HAVE TO BE ABLE TO RUN THOSE THINGS ARE NO GOOD THOSE ARE YOUR GLASSES [LAUGHTER] MARV: SHAQ HITS BOTH TO BRING THE LAKERS WITHIN ONE JASON KIDD HAS BEEN THE SPARK IN THE SECOND HALF FOR THE NETS HE HIT 7-8 FROM THE FIELD HE HAS NINE ASSISTS HERE IS KENYON MARTIN WORKING ON ROBERT HORRY REBOUNDED BY SHAQUILLE O’NEAL DOWN TO 3:40 TO GO THE NETS LOOKING TO HOLD ONTO THIS 1-POINT LEAD STEVE: THE LAKERS HAVE BEEN IN A LOT OF THESE GAMES THEY KNOW HOW TO CLOSE OUT THEY KNOW HOW TO BREAK THEIR HEARTS MARV: BRYANT TO THE FADEAWAY KITTLES ABLE TO HANDLE THAT REBOUND KIDD WANTS TO RUN THE FLOOR HE PULLS IT UP FOR THREE REBOUNDED BY GEORGE STEVE: I DO NOT THINK YOU CAN HOME RUN THE LAKERS YOU HAVE TO GRIND THEM OUT YOU’VE GOT THE LEAD, KEEP MOVING, KEEP CUTTING AND TRY TO GET TO THE HIGH PERCENTAGE SHOT AND THE FREE-THROW LINE MARV: HORRY FROM DOWNTOWN HOW MANY TIMES HAVE WE SEEN ROBERT HORRY COME UP WITH A CLUTCH SHOT BEYOND THE THREE-POINT LINE? THE LAKERS NOW LEAD 98-96 BILL: THAT IS ONLY HIS SECOND BASKET OF THE GAME HE HAS GOT SIX POINTS HERE ALL OF THEM ON THREE-POINTERS MARV: KIDD MET BY O’NEAL VAN HORN HAD THE SHOT DEFLECTED 2:30 REMAINING IN THE FOURTH QUARTER STEVE: THIS IS A BIG STOP FOR THE NETS THEY HAVE GOT TO MAKE THE LAKERS MISS MARV: THE LAKERS ON AN 11-2 RUN BRYANT PLAYED ON A SWITCH BY MARTIN SHOT CLOCK DOWN TO ONE BRYANT, YES KOBE BRYANT WITH THE SHOT CLOCK AT ONE ABLE TO DRILL IT THE LAKERS SHOWING POISE AND CONFIDENCE THEY HAVE TAKEN A 100-96 LEAD STEVE: AND AGAINST THE LAKERS, YOU HAVE TO CONTINUE TO KEEP OFFENSIVE PRESSURE ON THEM WATCH THE DEFENSE OF KENYON MARTIN RIGHT IN HIS FACE WATCH THE HAND >> WELCOME BACK TO THE NBA’S GREATEST GAMES BILL: KOBE BRYANT DELIVERING DO NOT DISCOUNT THE CONTRIBUTION OF DEVEAN GEORGE, WHO HAS BEEN OUTSTANDING HIS THROW DOWN DUNK WAS A BIG LIFT WHEN IT LOOKED LIKE THE LAKERS WERE ON THE BRINK MARV: THE NETS LED 94-87 WITH 6:40 REMAINING IN THE FOURTH QUARTER, A 13-2 RUN BY THE LAKERS HAS PROVIDED A FOUR-POINT LEAD HERE IS JASON KIDD YES, JASON KIDD CONTINUES TO SPARKLE 27 POINTS, 9 ASSISTS THE NETS DOWN BY TWO WITH 1:45 REMAINING IN THE FOURTH THE NETS TRYING TO GET BACK INTO THIS SERIES, DOWN 2-0 THE LAKERS TRYING TO MAKE IT 3-0 BRYANT THREE LAKERS BACK KIDD PICKED UP BY SHAW KIDD, AND HORRY ABLE TO FIELD IT STEVE: THE PROBLEM IS, WHEN HE

DOES THAT, NOBODY ELSE KNOWS AGAINST THE LAKERS, YOU HAVE TO BE TRUE BILL: COME TO SHAQ RIGHT NOW, QUICKLY MARV: HORRY TRYING TO GET IT TO SHAQ O’NEAL GOING TO GLASS WITH ONE ON THE 24 102-98 JUST UNDER ONE MINUTE REMAINING IN THE FOURTH QUARTER KIDD WITH THE STEP KIDD, REJECTED BY O’NEAL, AND SAVED BY GEORGE SHAQUILLE O’NEAL WITH HIS FOURTH BLOCKED SHOT FOUL ON VAN HORN WITH 42 SECONDS TO GO SHAQUILLE O’NEAL IS STILL ON THE FLOOR, INDICATING HE IS ALL RIGHT STEVE: TRYING TO FIND OUT IF HIS HAND IS IN ONE PIECE BILL: PHIL JACKSON WAS UP OFF THE BENCH HE REALIZED THAT DEFENSIVE STOP WAS THE DIFFERENCE BETWEEN AN EASY CHAMPIONSHIP AND ONE THAT’S GOING TO BE A LOT HARDER THIS BLOCK — SHAQ KEEPING IT INBOUNDS DEVEAN GEORGE, ONCE AGAIN, FEEDING OFF THE BRILLIANT PLAY OF SHAQ KEEPING THIS BALL INBOUNDS AND SHAQ’S A VERY TOUGH LANDING THE BASKETBALL WORLD CAN ONLY HOPE THAT HE IS ALL RIGHT MARV: SHAQ TELLING THE BENDS THAT HE IS OK AND THAT HE WANTED TO STAY ON THE FLOOR KOBE IS NOW 6-8 FROM THE LINE BILL: THAT IS AN INCREDIBLE BLOCK SHADES OF BILL RUSSELL, WHO IS HERE IN ATTENDANCE TONIGHT STEVE: THE NETS HAVE GOT TO HAVE THIS ONE MARV: KOBE BRYANT MISSES BOTH THE NETS TAKE A TIMEOUT WITH 41.6 REMAINING IN THE FOURTH QUARTER THE LAKERS 102, THE NETS 98 STEVE: RIGHT NOW, THEY HAVE GOT TO BE DECISIVE AND CLEAR CUT IN THE PLAY THEY WANT TO RUN AND HOW THEY WANT TO RUN IT KENYON MARTIN HAS HAD GREAT SUCCESS AGAINST ROBERT HORRY MARV: 36 SECONDS VAN HORN YES! THEY WILL HAVE TO MAKE A CORRECTION TIMEOUT CALLED BY THE LAKERS 34.1 REMAINING IN THIS FOURTH QUARTER STEVE: KEITH VAN HORN ANSWERED THE BELL HE WANTED TO PLAY IN THE FOURTH, AND HE IS HERE TONIGHT DROPS IN A BIG SHOT HE THOUGHT IT WAS THREE EVERYBODY IN THE BUILDING DID YOU CAN SEE THAT HIS FEET ARE CLEARLY ON THE LINE STEVE: YOU HAVE THE BAD RIGHT HAND THE PINKY IS A LITTLE NUMB I THINK THE GUY YOU HAVE TO CONSIDER FOULING IF YOU’RE STILL OUT THERE IS DEVEAN GEORGE MARV: OR DO YOU PLAY IT OUT? BILL: I THINK YOU PLAY IT OUT 10 SECONDS IS PLENTY OF TIME DEVEAN GEORGE HAS BEEN TAKEN OUT DEREK FISHER IS NOW IN THE BALLGAME MARV: THEY ARE PLAYING IT OUT O’NEAL GUARDED BY COLLINS BRYANT DOUBLE-TEAMED KITTLES TRIES TO STEAL BRYANT, YES! KOBE BRYANT EXTENDS TO A 104-100 LEAD KOBE BRYANT HAS 36 BILL: HE HAS PLAYED SO MUCH BETTER ON THE ROAD IN THE PLAYOFFS THIS YEAR STEVE: THAT IS WHY YOU DO NOT PLAY IT OUT HE IS SO BIG IN THESE SITUATIONS THE NETS ARE ALL OVER THE BALL ONCE HE GETS IT, HE IS UNDER CONTROL THAT IS MONEY MARV: THE NETS USING THE FINAL TIMEOUT WE WILL BE BACK AFTER THESE MESSAGES AND A WORD FROM YOUR LOCAL STATION MARV: 12 OF HIS 36 IN THE FOURTH QUARTER WHAT A MOVE BY KOBE BRYANT AGAINST JASON KIDD BILL: HE IS JUST TOO GOOD, MARV KERRY KITTLES APPEARED TO HAVE A CHANCE ON THAT BALL WHEN HE WAS STANDING OUTSIDE AND REACHING, IT ALLOWED KOBE, WHO IS NOT GOING TO GIVE UP ON THAT PLAY NO MATTER WHAT MARV: FOUR-POINT LAKER LEAD COLLINS MAKES THE SHOT — TAKES THE SHOT KIDD VAN HORN POURING AWAY HERE IS KIDD FOR THREE YES! THE NETS NOT HAVE ANY TIMEOUTS REMAINING THEY MUST FOUL VAN HORN GRABBING FOX 3.5 TO GO BILL: SURPRISED FOX HELD ONTO THAT THE LAKERS WERE IN MOTION AND GUYS WERE FLYING UP COURT KEEP THE BALL MOVING

STEVE: ONE MORE PASS AND JASON KIDD GIVES THEM ONE MORE CHANCE TO MAYBE PULL IT OUT THEY NEED A MIRACLE RIGHT NOW NO FREE THROWS FOR THE LAKERS MARV: RICK FOX, AN 82% FREE-THROW SHOOTER ON THE LINE FOR THE FIRST TIME THE LAKERS HAVE A FOUL TO GIVE JUST 3.5 REMAINING THE NETS DO NOT HAVE ANY TIMEOUTS A ONE POINT LAKER LEAD THE LAKERS NOW LEAD 105-103 BILL: KOBE BRYANT PUTTING ALL OF THE LAKERS IN THE RIGHT SPOT SAYING GUYS, WE MAKE IT, WE WIN IT, AND WE’RE IN TOTAL CONTROL MARV: FOX HITS BOTH THREE-POINT LEAD THEY DIDN’T REALIZE THEY HAD THE FOUL TO GIVE KIDD GETS IT OFF THE LAKERS HAVE DEFEATED THE NETS, 106-103 A HEARTBREAKING LOSS FOR THE NETS FOR THE LAKERS, ANOTHER ILLUSTRATION OF HOW WELL THEY FACE THE PRESSURE, IN PARTICULAR, ON THE ROAD IN THE POST-SEASON

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Lusk Perspectives: COVID-19 and Renter Distress

(light music) – Well, good afternoon, everyone, welcome to “Lusk Perspectives.” My name is Richard Green I’m director of the USC Lusk Center for Real Estate, and I am very happy today to bring you a collaborative “Lusk Perspectives.” As I think most of you know, I am very much into collaborating with UCLA, as I am married to a UCLA physician with whom I published a paper earlier this year, so I’m really proud of that It’s the first time we published a paper together, and- – But I thought economists weren’t supposed to try to be epidemiologists – It’s not on epidemiology, my wife is an expert of falls, and the paper was on how Medicare should cover falls because the savings from falls prevention, not fall, well they should cover falls, too, but putting grab bars in people’s homes, which is a real estate thing, because the incidents of falling drops dramatically when people install grab bars And the reason we know this is if you look at someone who is prescribed grab bars because they have a fall, so you can get them as an after-the-fact measure, and you look at the spouse, the spouse’s propensity to fall drops dramatically, and so you pay back the cost of false within a year, and at the same time improve quality of life So that was what the paper was about It was falls and real estate – Very interesting She’s doctor Falls, I’m dr. Real Estate, so it worked, so “Ageing Research Reviews,” if you’re interested But anyway, the three gentlemen we have here from UCLA today are Michael Manville, Michael Lens, and Paavo Monkkonen reached out to me last spring and asked whether we would be interested in participating in a study on how people are paying their rent in COVID times in Los Angeles County, and so that’s what the subject matter of this webinar is today And so to kick it off, just to summarize what we did, I’m gonna turn it over to Mike Manville, Mike – Oh, thanks Richard So, yeah, as Richard mentioned, the three of us over at UCLA, like many people, and as the COVID pandemic started, and as the stay-at-home orders in particular started, got very concerned about the situation of renters in general, and of course in Los Angeles County in particular ’cause that’s where we are And our main concern was twofold, which was that there are attributes of renters themselves and attributes of renting that would make people who rent their property particularly vulnerable to this pandemic And so with the attributes of renters, it’s just the fact that renters tend to be very low income, renters tend to be low income and to have very low savings And they also, because of their low income and lower socioeconomic status, tend to be the people who are first to lose their jobs in recessions, right? And this is not because there’s no affluent renters, right? It’s just because most people who are low income rent So if you look at the bottom quintile of our income distribution, it’s almost all tenants So you had a kind of a vulnerable group who might be particularly vulnerable to the economic downturn And then compounding that is just the fact that when you rent, you don’t have some of the built-in protections that come from when you own a home So if you own your home free and clear, you’re protected a little bit from a lost job or something ’cause you don’t have housing costs or they’re very low And even if you don’t, if you own your home, you might be able to convert the house into cash by renting out a room, or worst comes to worst, you can sell it and you have a little bit more legal protection because it’s a little harder to be foreclosed upon than it is to be evicted and all that And so we had this concern that our renters would be struggling, that that struggle would manifest most obviously and sort of most consequentially as eviction, but then, of course, that eviction wasn’t the only thing It was probably the worst thing for someone who was a renter, but that we could have tenants out there really struggling to make their rent and managing to do it, but doing it in ways that we’re gonna come back and burden them later, like putting rent on a credit card, taking out an emergency loan and things like that And so we sort of joined up with Richard and thought about ways to try and get at this question And we were able to get a little bit of data, or get a lot of data, but that answered part of the question

because the Census Bureau, to its great credit, in April began doing something it’s almost never done, which is running a very fast turnaround weekly survey called the Pulse The hallmark of the Census Bureau has been very careful, long, long turnaround The surveys in the Pulse, they would ask people and get data back very fast, and some of the questions they asked, dealt with, “Is your rent late? Do you think you’d be able to pay your next month’s rent? Have you lost a job? Have you lost income?” And things like that And so we did analyze the Pulse What the Pulse wasn’t able to tell us that was in many ways most important to us, was we wanted to be able to follow individual renters over multiple months, right? To say like, “At the end of last month, did you pay your rent? At the end of the month before, had you paid your rent?” Because the real concern is that this subset of renters could actually fall multiple months behind And in addition, the Pulse also didn’t get at some questions that we had about was this more likely to happen if you lived in a particular type of rental unit, right? Were you less likely to be able to pay your rent if you were in a bigger, 50, 60 unit building, or is it more likely to happen if you rent from family and friends or from a mom and pop landlord, did the level of your rent matter? And then going back to what I had said earlier, this question of, let’s say you are making your rent, how are you doing it, right? Is it just that you’ve kept your job and so you can keep paying or is it that you’re leaning on your family and things like that? So to get at those questions, we actually designed a survey and then commissioned a firm that does a lot of these surveys in the LA area to sample tenants in LA County And I’m happy, all of us are happy in the Q and A, or the discussion to try and get at how representative that ended up being, to try and find out how these these tenants were doing And one of the really big questions we asked in addition to everything I mentioned was, “Are you getting some assistance from the government, right? If you lost your job or lost your income, and if you are, how are you fairing under that?” Because I think at the end of this project, we wanted to see how people were doing, but we also wanted to get a sense of the best way to help people who are struggling And so I think our real interest going in was if we can say something useful about how to help tenants who are having a hard time, and we wanna be able to do that So, yeah, I mean, that’s kind of the background I’ll stop short of jumping into all the results and things like that, but that’s sort of what the motivation was and what we did We combined the census data with this original survey that we designed and tried to get a picture that had been lacking before of how tenants were fairing in these shelter-in-place orders – So, thanks, Mike So let’s start getting into the weeds of what the survey found, and let’s start by noting that this asked people about their rent status in May, June and July, a lot of demographic questions were asked of people Unfortunately, so a thousand people were surveyed for Los Angeles County, which gets you on a yes/no question as what we call a confidence interval, sometimes known as the margin of error We hope our margin of error was a real margin of error, as opposed to what we’ve seen the last week or so It would be about 3%, one way or the other And so we really can’t say a lot about specific locations because of thousand people spread across Los Angeles County means that like in Santa Monica you have one person on average, in Pasadena you have maybe two ‘Cause people have asked me, “Well, can you say something about particular locations?” And the answer’s, “Not really,” but we can say a lot about a number of other things So let’s start by, just generally, any one of the three of you, how did rent collections look in our survey results and how did that sort of match up with external data on how rent collections looked? And I’ll ask any one of the three of you to weigh in on that – Yeah, I can dive into some of that, and Mike and Paavo can clean up what I miss So I think one highlight here is that nearly two thirds of our sample had income losses We knew that people’s earned incomes took a huge hit across the country and certainly in LA County And we’ll talk a little bit more about how people kind of made do with that in rent, but we also know that income supports were pretty high

during May, June and July in particular, due to the federal stimulus programs, so in a lot of cases, people were able to stay apace with their household income, when you account for those additional supports from the government But during this time, we definitely found that the vast majority of people were able to pay their rent on time and in full each month, though, about 22% paid late in at least one month from May to July, and about, there were definitely about 2% of our sample that had really acute rent non-payment problems, right? People that represent potential 40,000 households in LA County were three full months behind on rent when we talked to them in July Well, talked to a few people in August as well, but over that time period, there is this sliver that represents a pretty large number of people who were way behind on rent And if they had more permanent job losses, you can only kind of assume that things weren’t necessarily gonna get much better all that soon As you pointed out, Richard, with geographic, with some of the limitations in terms of pinpointing geographic differences or specifications there, some of the demographic strata fall victim to that somewhat as well, but we were able to conclude that late payment and non-payment was more common among low-income households, not surprisingly, but also Black and Hispanic households So I think that’s what I gather from the non-payment questions Is there something I’m missing there, Paavo or Mike? – Well, I would just jump in to comment that I think it was striking that May and June, people were still really paying rent I mean, 90% of the respondents were paying rent in full, May and June, it wasn’t until July and August that that started falling to kind of 83% And so this resilience in the face of job and income loss, I think is something that was surprising to me at least, I don’t know about you guys – [Michael] Absolutely – I think, the only thing I’d add, I think that was a great summary, but then like in Paavo is that, you asked about external data, our results do roughly line up with what the Pulse shows, right? That the Pulse only asked about late payment, but that the rough average the Pulse reported for the combination of LA and Orange County is about 16% of tenants were paying late, and that’s, in any given month, that’s sort of what we found as well I think that prior to these surveys being available, the main source people were looking at to check rate payment was, one of the national associations of apartment trade groups has a rent payment index that showed substantially higher compliance with rent And I think the reason for that is just that this is a group that represents sort of big, kind of more corporate landlords Those places tend to have higher rents and that the folks who live in those units have higher income and are less likely to sort of be taking a hit as a result of the recession I mean, for instance, I live in a building that probably reports to that group – That’s the Multi Housing Council – Yes, thank you As it was not gonna come to my head, I appreciate that – I was waiting, but yeah – Wasn’t gonna come out, yeah And so I do think that one reason that it’s important to do a kind of deeper dive survey like we did is the fact that the tenants who are most vulnerable, they’re gonna be more likely to be living in smaller rental arrangements, and so they can be missed if you just look at the NMHC sort of rent tracker – Yeah, and, first of all, before I ask my next question, to the audience, you’re welcome to ask questions in the Q and A box, as always, and I will forward those questions on to our panel today – And just a quick teaser, and we’ll probably get to it later, but this renting from friends and family, it turns out to be not the best – Paavo, that was going to be, so Paavo, you stepped on my segue question I was gonna ask about that So what did we learn about these types of landlords, sort of the mom and pops, friend- Well I’ll say friends and family, to mom and pop, to professionally managed

Did we find any surprises in what we found there? – Paavo? – I’m trying to find the percents on the later I mean, it was a surprise to us that it was kind of higher rates of partial and non-payment to friends and family Although, then we started thinking that, well, probably it’s easier to not pay your friends and family, right, rather than a company, but then when you look at the being threatened with eviction and evictions initiated, it’s about the same share of people that are having trouble paying are threatened with an eviction or actually have an eviction initiated against them if their landlord is a family member or friend compared to individuals or management companies, so that was surprising to me – My recollection is, and you guys can correct me ’cause I don’t have the paper in front of me right now, so shame on me, but that there were zero attempted evictions by the professional management companies Is that correct? That is correct, yeah – Yeah, yeah, so that was a little bit of a surprise to me I don’t know if we could say anything statistically about it ’cause they were small numbers anyway, but nevertheless it was a very interesting one – I mean, and it was an interesting area to even study because we had conversations amongst ourselves about do people, how well is someone able to say what their landlord is, really? And then there is this question about kind of self-selection into not paying, and if your landlord is a management company, then maybe you’re more likely to keep up on payments – Yeah, I think that’s exactly right, and to Richard’s point, fortunately, I guess, the number of evictions in our surveys is sufficiently, or a threatened evictions is sufficiently small that we can’t say much about it, but I think what we saw going on is that the large landlords were just in general less likely to have non-payment And I think that a lot of that might have to do with what Paavo mentioned, which is just like, if it’s coming to the end of the month and you realize you’re not gonna be able to make your rent, you might just reasonably expect more forbearance if you rent from your uncle or your brother, or even from just like somebody who runs a fourplex who you see every day than if you rent from like faceless LLC Incorporated And I think we can talk about this later You wouldn’t want to jump to the conclusion that the person renting from faceless LLC Incorporated is doing fine, right? They felt like not paying their rent was a bigger risk than the other tenant But I do wanna emphasize, as Paavo said, that even conditional on non-payment, those big companies were not evicting people And we could speculate as to why that is It might just be, they might just have an easier time carrying a unit for a few months If you rent a duplex to somebody and they’re not paying it, you could just worry about your own income much more than perhaps if you have a portfolio of properties and they each have 50 units, but yeah, we just did not see those big companies threatening or initiating evictions – Well, there can be So Dan Epstein, from the audience, makes a very good point, which is, of course, you were forbidden from evicting anyone There was an eviction moratorium at the time And perhaps what’s going on is the professionally managed companies knew that this was true And, by the way, Dan, there were two questions One is, “Have you been threatened with eviction?” You can threaten all you want And the other is, I mean, you shouldn’t, but in principle, whatever the law says, you can threaten whatever you want But there was also a question about whether your landlord had instituted proceedings against you to evict you, and that was the one that it surprised me that there were any because I didn’t think it was allowable to do it over that period of time, and it may just have something to do with how well-informed certain sets of landlords or tenants are with respect to what policy is it – You were able to get that on the books, right? Depending on where you were, right? The court wasn’t gonna act on it – That’s right – So what we had asked was basically, did the landlord show up with these papers and say, “I’m gonna file these?” And it’s true that in LA County that that threat was greatly deferred because of the moratorium It was just gonna go, at worst, sit in a courtroom for a while and no one’s gonna look at it, but technically speaking, you could start that proceeding – So- I’m sorry, go ahead, Mike – Well, yeah, I mean, I think that a couple of things come to mind in this specific discussion for me One is, I think it does lend some credibility, certainly to a lot of the anecdotes that you hear

over the years from advocates and tenants rights groups that landlords use a lot of strategies that are above and below, against what the official law or whatnot says, right? Like that there are strategies that people use to try to get you out of a unit or react to non-payment in ways that are not exactly through the letter of the law But one thing that I knew, when I look at the extent to which individual landlords, roughly 15, 20%, were threatened with eviction, conditional on non-payment or late payment, it’s like just a really interesting finding about that I think you could go in a couple of different ways about this archetypical mom and pop landlord, right? Where like the mom and pop landlord is held up as somebody that we need to protect because if they don’t get their rent every month, they’re going to go under or they have a lot invested in this relationship, right? And so you could say, “Well, they’re acting to protect themselves as best they can.” On the other hand, if you already are really suspicious of landlords and you put mom and pop landlords in that suspicion, like you see mom and pop landlords threatening people with eviction when they’re maybe not supposed to, and you think, “Well, they’re just as bad as everybody else.” And so I think there’s almost a Rorschach test about how you perceive mom and pop landlords or how you would view like some of our charts on what landlords did to react to nonpayment – Well, one of the things that was, we also asked a question about how much you like your landlord – [Michael] Yeah – And so one of the things, this won’t surprise you, is if you were late on your payment, you liked your landlord less than if you were not late on your payment But it was sort of interesting, the rank order of how people liked their landlord did not necessarily line up with priors, so one of you guys wanna comment on that? So with respect to, my recollection is people disliked their mom and pop landlord more than they dislike their professional management landlord, and it wasn’t by a big margin or anything like that, but there was a difference – Yeah, I don’t remember the specific numbers, but I think because it was so connected to people’s renting situation, if there’s more threats of eviction among the mom and pop landlords, it’s no wonder that the average level of feelings is worse – Well I can’t help but think about, on this issue of landlord type, is I served on the Los Angeles County study group on rent stabilization and tenant protections a few years ago As part of being on that group, we heard a presentation from the City of Los Angeles building inspector who does the inspections on rental units in LA, very impressive presentation, I still remember quite a lot about it But anyway, I asked him the question, “Who is more prone to violation, mom and pops or professionally managed units?” And he said, I mean, he didn’t hesitate, just like, “Mom and pops.” That’s where our problems are I mean, it’s not that they never have problems elsewhere, but professionally managed does seem to be a real thing It’s not just a label that’s attached to just certain kinds of buildings I wanna come to how people are paying their rent And Mike, and your introduction you talked a little bit about credit cards Any one of you, a little bit about findings in that dimension, you know, friends and family, other kinds of loans, not entirely sure what that meant when we asked the question, whether people who took What were we finding there? – Yeah, I mean, if you look at those, of those who were late in at least one month, we find that about 50% are going to friends and family, slightly higher share than that like 55% are withdrawing money from savings, and then more formal debt is credit card debt just under 30%, and then, one thing that I think is particularly troubling

is nearly 40% discuss going to payday or other emergency loan sources, which, of course, have extremely high interest rates a lot of the times that can blow up in your face down the line So there is a lot of, even though income was relatively stable during this time, you didn’t have, of the people who were unable to pay, people clearly going into some form of debt or relying on some savings to make up the difference – [Richard] Paavo, yeah – I mean, I’ll just quickly follow up and say this is something that it would be great to have dug into further were we to have been able to have a longer survey, and if anyone out there wants to fund a follow-up survey, which is something we’d also like to do – Yeah, we’ve raised a little money toward this end, but we need to raise some more – Because yeah, I mean, I feel like there were a couple aspects of this question that we could have followed up on I mean, how much debt people are going into, that came up as a big deal and we didn’t get great detail on it – So I’m gonna put you guys on the spot here because I’m gonna ask you a question that I’m not sure you know the answer to this I don’t recall the answer to it, but maybe one of you can If you look at use of credit cards over May, June and July, did it increase or was it pretty stable? – It went up a little bit and we had also asked a question of people, “How do you normally pay?” And so, before COVID began, a very small share of people reported using a credit card for any part of their rent before COVID, for obvious reasons, oftentimes you get hit with these big fees or things like that – Right, well the reason it’s an important question though, so like when the last time I was a tenant, when I worked in DC four or five years ago, I did just have an automatic credit card payment to the landlord, and then I pay my credit card every month, so it’s just a convenience, right? There was no cost involved to it And so I was curious about how frequently people did that, and again, thanks Mike for the answer, is the answer was not very often, and so the extent we saw credit cards being used that was new, and clearly that’s just not a sustainable way to pay rent Very high interest loan is really problematic, which comes back to our need to go back into the field And so I’m gonna ask the second question to put, so given that you answered the first question I didn’t know the answer to so brilliantly, I’m gonna try a second I was planning on sitting down this weekend and going through the most recent Pulse survey, which I think goes through October 15th, and have things been getting worse on collections according to that survey? Have people’s feelings of rent insecurity been increasing since the end of the CARES Act? – It seems like it, and like you, I have not spent a lot of time with the most recent Pulses The Pulse has also, it seems, changed some of its questions – It has, yeah – They’re asking questions that are in some ways evocative of more dire circumstances, and so you’re getting positive responses to bad questions that weren’t on the initial result on the initial survey, so it’s hard to say if things have really gotten worse or if the Pulse is just capturing it, but the Pulse now asked people questions about whether they worry about eviction, and it seems like people really do The big question, I guess, would be is this just a more distilled version of, “Hey, what’s going on with the question you’re being asked in July and August, like how confident are you you can pay your rent?” It would be great to, again, really be able to take that new Pulse micro data, match it up with another round of our survey We have every reason to believe, I think, that things are worse just because the benefits dried up – Yeah, and one of the findings is we ran regressions on this stuff ’cause that’s what we do, and we found that people who had lost their jobs, but had received their unemployment check by that time were 60% less likely to miss a rent payment than those who were just unemployed, so it clearly was really important getting that aid out there I’m just gonna share a couple of comments from the audience from Michael Banner, just speculating that maybe mom and pops are under-capitalized

I think that’s not even speculation, that’s true One of my favorite, there’s a census of rental housing that my former colleague Raphael Bostic developed while he was running policy development and research at HUD, it’s a successor to what was the old National Housing Finance Survey, and a couple of things that fall out of that that are really interesting to me, anyway, 62% of landlords own one property, exactly one property Now they own, of course, many fewer units than 62% of units, because their properties tend to be smaller, but the point is your typical landlord is not a particularly wealthy person And if you look at the survey of consumer finances among those who own investment property, mean net worth, or excuse me, mean net worth is a different number, a much bigger number Median net worth is well under 200,000, which puts it basically in the same category as median net worth of the country as a whole, and the median person in the US is not particularly well off from a wealth perspective, so I think the point about under-capitalization is almost certainly correct From Gene Berinsky, just asked, “I wonder how much of the non-use of credit cards pertains to small landlords taking checks and cash and being unable to accept credit cards? It’d be interesting to see if more of the non-housing spending was shifting to credit cards.” And that would be great to know, but there were only so many questions we could do on a survey Something to think about if we go back in the field with this stuff So any responses to either of those points – I think that’s absolutely right I mean, I think that we worry about tenants and then we talk about this to some extent in the report, but this is a two-sided equation, right? So the tenant has to figure out what their best course of action is Do they withhold some rent or do they try and put the money towards other things? And then once rent is withheld or late, the landlord has to decide what to do And in an era when you have two thirds of your renters facing some income loss, it’s not a small thing to say you wanna kick someone out because, and again, conditional on you really can’t right away, but then even if you could, could you get someone in there, right? And so to be hit with a situation, to be in a situation where you are sort of taking steps to threaten someone with eviction or so forth, it really does suggest that you kind of feel like your back’s against the wall And I think the under-capitalization makes a lot of sense – Well, Carry Wilflong also makes the point that many workforce housing tenants don’t have enough credit to put rent on a credit card, which again is I think an excellent point and something that a professor sitting in his comfortable home doing a Zoom seminar didn’t think about and he should have thought about that, the credit capacity of people is probably, of lots of people, is not $2,000 a month, which, of course, may send them down the road to the payday lender, which is far worse than using a credit card for trying to repay rent One thing I think about in this conversation is, and this is getting outside of the survey work a little bit, but there is a coordination problem with all of this Suppose every landlord were to say, “You know what? Once you’re three months late on rent, we’re gonna kick you out.” And then once you’re kicked out, you take a hit on your credit history, which means you can’t go anywhere else, now you have a city with a bunch of vacancy, without good tenant candidates, in the sense of ones that you feel comfortable are gonna pay the rent, rents go down And so, you know, Dan Epstein said if you can get the tenant out, no problem re-renting I’m not sure, like in San Francisco that’s clearly not happening as vacancy rates are heading up toward 15% up there Downtown LA vacancy rates have soared and what we see is landlords basically buying occupancy by giving two, three months of free rent, There are externalities here that go beyond the externalities of somebody being kicked out of their house That alone creates externalities for society because that tenant is in that position, but sort of as the market as a whole, it’s very hard to think about how do you keep it from spiraling into an abyss under these sorts of circumstances? – I think that’s something we did discuss a lot a couple of months ago when the state government was gonna do something more aggressive on this topic,

and thinking about the idea of a rent registry and these other kinds of rental support through that registry involving landlords needing to be involved with some kind of discussion with their renters I mean, it does seem like there’s a lot of potential mitigation to larger problems by having some kind of intervention in the kind of worst case scenarios to prevent people from being kicked out, right? I mean, I think that that didn’t happen, unfortunately, but I mean, at the same time, I don’t think the eviction abyss is happening as much as people were worried about, so – So comment from Carrie Wilflong that there’s a delicate balance because tenants that can’t pay blame the landlord for the financial position and sometimes take it out on the units So Carrie, I’m gonna ask you to type I mean, how often do you actually observed that? Like a tenant’s behind, how often do you find that the property is defaced as a result of that, one way or another? I guess we’ll wait on it for an answer on that ’cause, I mean, it is, you know, there is the really important book “Evicted” and one of the things about the book that’s so good it talks about how fragile the lives of tenants under certain circumstances can be This is long before COVID Book’s about five or six years old now, I think, But that there are a lot of mom and pop landlords that do their best by their tenants, so they do tend to be mom and pops in the book, but they get into trouble because, these landlords get into trouble because the units are not treated well, so I think it’s fair So Carrie is saying, “Less than 5%, but I think that’s why Dan is saying vacant and release is a better option.” And so the idea there is you just say to the tenant, “We’re gonna forgive your past rent if you’re willing to move out, so that we can bring somebody in who can pay the rent.” And I’m curious, and we don’t have a good sense of that, how frequently that happens, again, might be a question in some future survey, “Have you been asked to move out of, or have you been encouraged to move out, not evicted, but encouraged to move out with a financial incentive of some sort in a previous place?” That would be really interesting to know, I think – Yeah, and since you brought up “Evicted,” I mean, I think Desmond talks a fair amount about how measurement and surveys have been, or surveys tend to mis-measure eviction, and I think our survey was one that asked questions that had learned from Desmond’s suggestions, but it’s just interesting to me to think about, you got a tenant, you have two tenants, one was offered cash for keys, right? Like just, “Go away” or “We’ll forgive your past rent if you leave, because I know you can’t pay anymore,” and the other tenant had an eviction threatened Will they answer a question about eviction kind of in the same way, or will they ask a question about being offered cash for keys or whatever in the same way? We think of eviction in a very particular way, do tenants think, do some- – That’s a really great question and this measurement, so one of the reasons that book was so important to me wasn’t about, I mean, of course, this talk about eviction was important, but it taught me how badly the census and the American Housing Survey measure the state of our housing in this country because if you look at census data and you look at AHS data, what you would conclude is housing in this country is too expensive for too many people There’s really little dispute about that And it’s not just a coastal problem There are lots of places between the coasts where the rents aren’t so high, but the incomes are so low that people are still spending a very substantial chunk of their income on housing And if find that you look at CPI rents since the early ’80, it’s outstripped nationally, CPI overall, dramatically, which explains why it’s taking a bigger and bigger share of people’s paychecks, but the good news, we would always say, about American housing, it’s such good housing It’s such high quality housing

because you look at the share of housing that was considered deficient based on a certain set of measurements in either the census or the AHS, and it would come in year after year at about 1% Okay, well what was the definition of deficient is you don’t have indoor plumbing, you don’t have electricity Okay, by world standards we are very good on houses have indoor plumbing and electricity, but it doesn’t get at things like say mold or other things that are pretty pervasive and pretty harmful in people’s housing And what the “Eviction” book got across to me was how many more Americans within poor conditions than I had previously internalized And so that’s why this measurement issue is, in fact, so important because it’s hard to solve a problem if you don’t know what it is – Yeah, and how really crappy housing in not so great places is actually pretty expensive, right? Like none of the people in really segregated Milwaukee were paying like a hundred bucks a month There’s still- – My student, Gene Berinsky, who’s on the call right now, that’s part of what his dissertation is about, and if you look at the variants of rent in Milwaukee, I don’t know why we study Milwaukee, but it does seem to be a ground zero for this stuff I mean, Milwaukee is, I don’t know why in particular, it’s been picked as a city to be picked over, but- – You wouldn’t anything bad about Wisconsin, I know that, man – Yeah, I’m not gonna happen, although your Vikings did a number on us last weekend The variants of rents, Gene can weigh in if I’m getting it wrong, but the variance of rents in Milwaukee is way lower than the variance of income in the neighborhood in which those rents are occurring Another really interesting phenomenon And so we’ll have Jean on “Lusk Perspectives” to explain to us why exactly that happens, so I think that’s a good point So as we think about this stuff right now, I mean, to some extent we’ve gotten at this, but what do you guys think about what are appropriate policy responses? And you can think about that at any level of government in light of what we have observed in this work – I think the most important thing is some form of money assistance to renters I think that the regression coefficient on our unemployment benefits suggests that, but I think a lot of other things suggest that too, which is to say that if you were to imagine other policies, “We’ll give assistance to the landlords” or “We’ll have a moratorium,” or things like that, that someone’s not gonna be made whole, if that happens And I think that this really is a system where it’ll get back to some sane equilibrium or at least what we had before COVID when no one feels like they’re left holding the bag And I think that’s especially true given the amount of respondents in our survey who have either paid their rent, but done so by going into some other form of debt, or not paid their rent and got into debt, right? Paid part of their rent with a payday loan, and so if you just said like, “Oh, we’re gonna do a direct payment to a landlord or we’re gonna do landlord assistance,” we have a lot of tenants out there that don’t need quote, unquote, “rent assistance,” but do need to pay their credit card company or do need to pay their payday loan lender And so I think that something like the CARES Act or the unemployment that just gets, I mean, the other guys can jump in here, but the evidence from our survey does overwhelmingly suggest that if you have money, you’re gonna pay your rent – Yeah, we did not see, and I think this is a really important thing to underline, is in spite of the eviction moratorium, we just didn’t see shirking in our survey It’s people who fell into one of two categories, excuse me So three categories of people: people who got sick with COVID, or people who had someone in their family get sick with COVID is one People lost their job is two, there was some overlap between those two groups And people who had neither happen to them, that was about 75% of the group, and of that group, the rent payment rate was 95%, which is what rent payments are all the time So, yeah, people, I think, do want to pay the rent, and this is consistent with, when we go back to the global financial crisis, this is one of the most important things I learned from the GFC is I used to think

equity was everything, on the mortgage side of the market, and it was astonishing what share of people, if they could pay their mortgage that they pay their mortgage no matter how upside down they were on their houses We found that you needed a double trigger, which is you needed to be upside down in your house, and either one, lose your job, two get a divorce, three, get sick, four, have a toxic loan product, which was, by the way, the biggest predictor of default of anything from the GFC If you didn’t have all of those, I mean, if any one of those things combined with being upside down, that would lead you default, but if you were upside down, no matter how far upside down you were, if none of those other things happened to you, you were paying your mortgage If you were living in Las Vegas in 2009, you had no financial incentive to continue paying your mortgage because you were like 50, 60% underwater Your hope of coming out a bit was pretty remote You would have been better off getting a lease before your credit record took a hit with somebody and walking away from your house, but people just didn’t do it So I think that there’s this behavioral phenomenon, people’s housing is so important to them that they’ll pay for it before they pay for pretty much anything else under nearly any circumstance – [Michael] Yeah – Money, I mean, and I liked this idea of a state, an innovative way at the state level to get money into people’s hands I mean, this tax credits for landlords idea that Caballero had seemed smart – Yeah, I liked that a lot – Even though we can’t print money at the state level, it’s the closest thing to it, right? I mean, it’s a little complicated, I would like a simpler version of that, but that seemed like a good idea – Yeah, I support that idea, too I just wanna really drive home that if you deepen a payday loan and fulfill on your rent, that tax credit doesn’t help you – Right, well, I mean, but if it had come earlier, then it would have, and if people knew about it Like with a lot of conditions, it could have forced all people going into worse forms of debt ’cause if you knew that you could go into this other kind of agreement where the state was gonna pay your rent with a tax credit and you could pay that in 10 years, then that would have been a much better option, but at this point, maybe it’s too late, yeah – The policy instrument you choose has to reflect the crisis you’re in, not what you would have done before the crisis started And so right now we’re in a situation where people owe debt to a lot of different institutions, delivering relief on one axis isn’t gonna cut it – Oh, so from Carrie, she’s a big fan of direct rental assistance and she says, “In the areas where this has been available, it’s been very useful and created better interaction between the tenant and landlord.” I will say it seems to be a combination of, again, another stimulus check that would allow for the repayment of back rent with a, and you three guys, I think, know this, I’ve been a big advocate for making Section 8 an entitlement for a very, very long time ’cause I actually think that solves roughly 90% of the housing problems in the US Pretty much anything between, now for LA it’s still problematic for a whole bunch of reasons that we could talk about in a different “Lusk Perspectives.” The most important, which LA County is just too big and the fair market area rents are not relevant to too many people, and then there’s a waiting list, a whole lot of other things but it’s trying to get between, I’ll call it the five on the West and the 95 on the East, which is just called I-95 out there, every place in between, I think if you had Section 8 available to everyone who qualified for it, you would basically eliminate, I don’t know, 90% plus of housing problems And the thing is the cost of that would be about a hundred billion a year, which is expensive, but we’re at $20 trillion economy, so that’s, what, 50 basis points to the economy to make sure everybody’s, well not everybody, but nearly everybody is housed properly And so I see that crises you shouldn’t be wasted I see this as an opportunity to move forward with wider distribution of vouchers – Mike did, secretary Castro mention that yesterday when you were talking to him? – He sure did, yes The Biden plan does include universal housing vouchers, so the state of Georgia will determine whether we have the votes in the Senate for that, right? – Yeah, although the real estate industry

should really like this because it makes sure that landlords have a reliable source of income And I hear tell that there are Republicans who listen to the real estate industry, so I’ll just put that out there, as someone who every time he met a certain person in the elevator at HUD would say, “Vouchers, vouchers, vouchers.” Okay, well we’re at 2:50, so let’s come to a wrap up of this Just final thoughts, and I’ll start with Paavo because I think you’ve actually said the least of anybody here Takeaways from this for you? – Yeah, I mean, I think we’ve covered most of the big picture takeaways The one thing I had written down as a note to mention was one of the findings that I thought was interesting on the racial disparities in this topic was if you look at late, partial, and non-payment by race, ethnicity, you see higher rates of partial payment by Black and Hispanic households, but basically the same rate of non-payment across black, white, Hispanic households, which I thought was interesting I mean, kind of speaking to the resilience of renters in terms of making payments at all at all costs And then the other racial ethnic breakdown that I thought was striking was in the evictions break down I don’t have it here, but how the rate of eviction threats did not vary by race, ethnicity, but the rate of evictions did, and so I think that’s something that bears further study kind of how the same share of people are being threatened with eviction, but then in the end white households weren’t actually having these evictions initiated against them – Yeah, filings, we should make clear – [Paavo] Filed, right, yeah, yeah – Mike? – Yeah, I think this audience is very well aware that we had a preexisting housing crisis in California, but wanted to kind of circle back and emphasize that I think it was Manville’s line that we have a income crisis layered on top of a housing crisis And what I might say is, just an addendum to that, is that we have, of course, a public health crisis pushing people into an income crisis, which is layered on top of housing crisis So like, obviously we have a very daunting task ahead of us in controlling the pandemic and we’re failing pretty hard as a society and our elected officials on that And hopefully that turns around in the next few months worldwide But specifically about the existing housing crisis, we have to also continue robust efforts in pushing the City and County to house the unhoused, right? Our housing crisis is also, of course, a homelessness crisis here in Los Angeles, and we have some tools that are being utilized slowly, but we need to push, I think, for more and, frankly, probably for more funding in a very tough budgetary environment And last thing I wanna do is make sure we thank our funders, the Ziman Center for Real Estate UCLA, the Lusk Center, of course, are our friends on this call, the Luskin School, our Dean Gary Segura supported us, the Institute for Inequality and Democracy, UCLA, and the California Community Foundation, all came together to help us do this work And we’re hopeful that we can get back in the field with another round – So Mike Manville, and then I’m actually gonna ask one last question that Michael Banner put ’cause I think it’s a really good question, but Mike Manville, your final words before we do our really final words, which are to answer a question from Mike Banner, Michael Banner – So yeah, Mike Lens, thank you, we almost got in trouble there and didn’t thank our funders, so that was- – Yes, and thank you, Michael for doing that – It’s just so easy to forget I guess, what I would just say is that one thing for me that this whole exercise has driven home is despite how much we have in terms of data in today’s world, how little we know about rental housing, and especially about the people in the rental housing

who are sort of most vulnerable And I think it’s been really informative to hear as well from a lot of the folks who are on the call talking about their experiences managing these properties And this is stuff that’s, wisdom that’s not available in a- Too often, not available in a systematic way, right? And so then we hit a situation like this and we wonder like, “How are these people doing? How are their landlord’s doing? How is this translating?” And it would be a better world if we weren’t having to draw inferences from a N equals 1000 survey, right? And so right now it’s what we have, but I think it really speaks to, down the road, thinking about a better way to keep track of this population that is big and is most prone to trouble – So let me finish with a quick question from Mike Banner, and we do, apparently, I’ve gotten prompted, we must be finished before three o’clock I’m not exactly sure why, but we must So Michael asks, “Is there any expectation that the eviction and foreclosure will resemble the 2008 crisis in terms of volume?” Any thoughts on that? – I bet Richard is best qualified to answer that, but I will say I’m skeptical that that kind of volume is what we’re looking at, mainly because demand is gonna bounce back in a lot of sectors, and I don’t see this a fundamental problem with the housing market per se, that can’t rebound or that people’s incomes won’t rebound in time next year, but I do think that an eviction wave, I’m not yet gonna go tsunami, but an eviction wave will come in some places on the horizon – So, Paavo you had- – I was just gonna say, I mean, I think an eviction wave will come in some places barring swift aggressive public action I think that the opportunity to ameliorate the potential problems is much greater than it was I mean, there are kind of fewer ticking time bombs and the ticking time bombs are less complicated than they were in the last crisis, so I think that the potential to put out the fires before they really get big is greater I’m trying to be optimistic – [Richard] Mike, any thoughts? – Only that, echoing the other two, and particularly following on Paavo’s point, I think that this time we did a little bit more faster, which is not to say that we’ve done a lot, but what was so startling and heartbreaking about 2008 was how we did almost nothing and just watched this happen, and so we’ve learned a little bit, and so that should help – So I’m gonna agree with all three of you I think, although Mike, I think I would disagree with your characterization as we haven’t done a lot I actually, I think we’ve done quite a lot We need to do more – Fair enough – We have done quite a lot and it came together very rapidly and it was one of those rare moments when I felt encouraged about our ability to work together as a country The CARES Act was $3 trillion, that’s not nothing And I think the forbearance policy of Fannie and Freddie is very wise and allows people to postpone paying their mortgages just by saying they need to, without a lot of compliance issues And then they pay it off at the back end, which should be very doable, so they’re not facing that cliff at some point On the eviction stuff, I mean, I think if, it’s a big if, we have another round of stimulus, I don’t see why we would have a lot of evictions I think if we go several more months without anything, then I’m really worried about it, particularly for people who work in sectors like the food and beverage sector, it’s gonna be a problem, so we really need to get money out the door And with that, we have to get out the door, so I wanna thank my partners on this project, Paavo Monkkonen, Michael Lens, Michael Manville, thanks so much for coming virtually down the 10 to be with us today, and we’ll see you next week – [Paavo] Thanks – [Michael] Take care

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