Thứ Hai, 9 tháng 10, 2017

Waching daily Oct 9 2017

Hey everyone! Karin Carr here with GeorgiaCoastHomes.com. I'm a Realtor in

Savannah with Keller Williams and today I have a very special guest joining me.

This is Jarad Brown with Certainty Home Loans. Hey thank you for having me out

today. No thank you for being on the show! So I thought that today we would talk

about the pre-approval process because a lot of people don't really know what's

expected of them when they're filling out a pre-approva,l and that you could

answer those questions. Awesome, yes the pre-approval process is the second step

in buying a home. Obviously the first is to find a Realtor, a local Realtor, that

can help you throughout the process. And the second step is the pre-approval

process. As soon as and it's a vital step in the process because this when we

really get to know our buyers. Some things to keep in mind with the

pre-approval process is the more information - the more accurate

information - we get the better. So on the front end if you're self-employed

have your tax returns for the last two years available...

pay stubs , W-2s, bank statements, all the things you can find on your smartphone. I

usually say that the most important thing that have at a pre-qualification

is your smartphone because it has so much information in it. And we do see

from time to time people are a little bit hesitant to have their credit pulled

or put in their application because they're afraid that they may not qualify.

Right. And that's the thing about the pre-qualification process, is that's when

you learn whether you can buy a house or not. There's no bad information that can

come out of it. At worst you know where you stand today and I can work with you

one-on-one to get you to where you can buy. Right! I would so much rather

have somebody find out now... okay, your credit score is about 20 points too low

and this is what we're going to do to raise it. Rather than we go out looking

at houses, we write an offer and then find out oops! Guess what? You don't

qualify . Absolutely. You don't want to fall in love with the home until you know you can buy the

home. So the pre-approval process is very

simple. It involves putting in an application and that can be done one of

three ways. We can meet in person, which is my favorite, or we can put in an application online.

You live out in town and we can't meet face-to-face. And for people who don't

have the internet or the ability to meet face to face we can also do that application

over the phone. Everybody's financial situation is

different. Every loan is different and so we can customize and cater the loan to

you and your particular situation. By the end of the application process you will

know exactly how much you can afford, what your monthly payments are going

to be, what kind of closing costs you're looking at (because just like buying a

car there's always tax, tag, and title) so you'll understand what those closing

costs are. And you'll have a sheet of paper stating that you can buy a home

using Certainty Home Loans. So how long does it normally take from the time that

somebody submits the application until they have an answer one way or the other?

An online application should have a prequel letter within 24 hours.

Wow, ok. We get automatically notified once an application has been

put on and then from there the decision can be made within just a matter of

hours. Okay cool. And the other question I always get asked is I'm afraid that it's

going to drop my credit score by filling out the application and having you pull

my credit. So how much does it really affect their credit? It is a hard pull on

your credit but it is a it is a necessity at this point when buying the

home. We need to know what your credit profile looks like from front to back.

Now once you've had your credit pulled that first time there's a 30-day window

that you can have your credit pulled by any mortgage lender and it's not going

to affect your score. 30 days? I thought it was two weeks. No. Okay I learned

something today too! You have a full 30 days and it's because they want you shopping.

They want you out there getting the best rate. It's not as if you're getting

declined and then moving to somebody else and getting declined. Okay. In that

30-day window they know that you're just out there shopping so they don't affect

your credit score on that. Okay. But buying a house is probably the biggest

thing you're going to buy so if there's a reason to have your credit

pulled, it would be to buy a home. Right, so one of the things that Jared just said

that I really like is working with a local lender. Now, you can go online and

you can get pre-approved with Lending Tree or any number of these

online lenders but if you get pre-approved with them and you decide to

go with them, they're in another state so there's probably a time difference. You

don't necessarily get the same person every single time you call them, right? I

mean, you could call an 800 number and just talk to whoever answers the phone

and if they're not responding quickly enough if it's taking a long time and

you have to repeat yourself every single time you call because you're starting

over with somebody new, that gets old really fast. The reason why I like

working with Jared so much is that I've got his cell number. If I need

information and I need it quickly I know how to get a hold of you very easily. I

can text you, I can call you, I can physically walk into your office. And as you

have my cell phone number so do all my clients. There's been plenty of times

where a client's worked a full day and they've had this question on their mind

all day that they just want to ask their lender but they never found the time

throughout the day. Having your lender's cell phone

to where you can send them a text at 9 p.m. to ask them something that's very very

important to you is very vital. And it's that relationship that carries on even

after the closing table, even after you've moved into your home. You may have

questions... what did you say about homestead exemption? What was

this that you were talking about as far as me switching insurance if I want to?

To be able to have that relationship, to pick up the phone and still get the same

guy on the phone that you talked to on day one during the pre-qual phase, to say,

"Hey Jarad, I have a question." I have clients call me every single day and I

love it it means that they did what I asked them to and they saved me in their

phone (probably as Jarad or Jarad, the best lender in America!) but they did what

I asked them to and now we have a relationship, which ultimately... that's what life's

about. I do this because I like to see people get in homes. I like to see people

achieve the American dream, that personal pride they get of home ownership.

That's the biggest thing you get from using somebody local.

One of your neighbors, somebody who lives around you, because they're going to care

more. They're going to be easy to access and ultimately they're gonna be people

that you see in your neighborhood or at the store, that you can have

that relationship with them and feel comfortable reaching out to them. Very

nice. Well, thank you so much! I think that really answers most of the questions

that I get frequently from first-time buyers. And if you are in the Savannah

area and you're looking to buy a home this is a good guy to go to to get your

pre-approval from! Don't hesitate, just give us a call we'd love to talk to you

Awesome. Thanks for joining us today. Thank you, ma'am.

All right, thank you so much for watching this video! If you liked it please be

sure to hit the thumbs up button down below, share it, make a comment, and if you

like it that much subscribe to my channel. I do put out new videos every

Monday. So thanks again and we'll see on the next one!

For more infomation >> How to Get a Mortgage | the Pre Approval Process - Duration: 6:48.

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Brawler n' Clood - MOFUCKIN' BITCH - Duration: 2:44.

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Série Bates Motel Você tem que Assistir (Netflix) || Ariane Gelli Oficial - Duration: 4:45.

Hello Almados

All right with you?

I did that video of the series the fog

and i Zombie and one inscribed

For more infomation >> Série Bates Motel Você tem que Assistir (Netflix) || Ariane Gelli Oficial - Duration: 4:45.

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عــــــــاجل: إسبانيا تعلم المغرب بهذا القـــرار الغريب ..!! اكتشف المفاجأة - Duration: 4:03.

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Hello Its Halloween | Schoolies | Scary Nursery Rhymes Songs Collection For Kids by Kids Channel - Duration: 1:16:09.

Watch out..

The monsters around if your all alone give your friends a shout...

The ghosts on the spooks coming out of the nooks as a door bell ring can u here them sing..

Hello It's Halloween

Hello It's Halloween

Hello It's Halloween

Hello It's Halloween

The air is cool and the moon is full turn on the light before the vampires bite

The witches is a cooking the zombies are looking as your door bell ring can you hear them sing...

Hello It's Halloween

Hello It's Halloween

Hello It's Halloween

Hello It's Halloween

Watch out..

The monsters around if your all alone give your friends a shout...

The vampires flying and the werewolf's hunting as your door bell ring can you hear them sing...

Watch out

The monsters around if your all alone give your friends a shout...

The ghosts on the spooks coming out of the nooks as your door bell ring can you hear them sing

Hello It's Halloween

Hello It's Halloween

Hello It's Halloween

Hello It's Halloween

For more infomation >> Hello Its Halloween | Schoolies | Scary Nursery Rhymes Songs Collection For Kids by Kids Channel - Duration: 1:16:09.

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Public Choice Theory: Why Government Often Fails - Duration: 33:07.

ANTONY DAVIES: Public choice economics is a field in economics in which we take what

we understand about how humans behave, which is normally applied to humans in the private

sector, and we apply this knowledge to humans in the public sector.

What emerges is an interesting dichotomy between how we imagine government works and how it

actually works.

For an example, suppose we take some problem that we face.

Here, as we think about government, let's imagine government in the broadest terms.

Three groups of people: voters, politicians and bureaucrats.

We, as a society, encounter this problem that we want to solve, and the problem, let's suppose,

is that some workers don't earn a living wage.

The way we imagine government works when we say to the government, "Fix this problem.",

is the following.

We have the voters, whose goal it is to help all people earn a living wage.

The way they go about doing that is by voting for politicians who support living wage laws.

Then we have the politicians.

We imagine that their goal is to do what's in the best interest of society.

How do they go about doing that?

By enacting and voting for living wage laws.

Then finally we have the bureaucrats, who we call the public servants.

Their goal, we imagine, is to serve the public.

The way they go about serving the public in this instance is by executing these living

wage laws for the good of the poor.

What we imagine happens is unicorns and rainbows.

All these wonderful things that will occur if we simply say to the government, "Fix this

problem."

Now let's look at the government through the eyes of a public choice economist.

A public choice economist looks at these three groups, voters, politicians and bureaucrats,

and understands that these are human beings who face limitations and they have desires.

Let's start with the voter.

In the view of a public choice economist, the public choice economist says, "Here's

a voter.

He's a human being.

What's his goal?"

The goal of all human beings is to maximize their happiness.

Some people's happiness comes from consuming things, collecting lots of money, lots of

stuff.

Other people's happiness comes from helping others, from doing good.

Economists don't make any judgment as to what it is that makes you happy.

We simply say that people pursue the things that make them happy.

Here are the voters.

Their goal is to maximize their happiness.

How do they go about doing that?

They will become informed and they will vote if the benefit of doing so exceeds the cost.

Now we have the politicians.

The politicians also are human beings, which means their goal is to maximize their happiness.

How do they go about maximizing their happiness?

By attracting at least 50% of the voters.

If the politician does not attract 50% of the voters to vote for him, he's no longer

a politician.

He's now something else.

The politicians that persist will be the ones that attract, whose goal it is to attract

50% of the voters.

Finally we have the bureaucrats.

The bureaucrats are human beings.

Just like the rest, their goal is to maximize their happiness.

How do they go about doing that?

I will argue that the way the bureaucrats go about maximizing their happiness is by

crafting their jobs to satisfy their needs.

What actually emerges is not the unicorns that we imagine when we say the government

should do "this".

You might say, "Yes, but we live in a democracy, and the whole point of a democracy is to guard

against this selfish behavior.

All we have to do is vote in better people, and if we vote in better people, we can have

our unicorns and rainbows back."

Let's think this through for a moment.

Think about voter behavior in a democracy.

Suppose we have two groups of people, a large group of people over here, we'll call this

Group A, and a smaller group of people, Group B. I'm going to propose a law for this group

of people.

The law goes like this, "We will take $10 from every person in Group A, burn half of

it, and whatever's left, we'll give to the people in Group B." The question is, how are

people going to vote on this proposed law?

Let's start with a simpler question.

Who wants to vote at all?

If I ask the people in Group A and Group B, "Would you like to vote for or against this

law?" all of them would raise their hands and say, "Yes, we would like to vote."

What's the outcome of the vote?

The outcome of the vote is the proposed law will be defeated.

It will be defeated why?

Because although it's great for the people in Group B, they'll all vote for it, they're

a small number of people.

The people in Group A, this law is bad for them.

They outnumber the people in Group B. They're going to vote against it.

Consequently, the law will be defeated.

That raises another question, which is, "Is this good for society?"

Clearly it is.

This is a stupid law.

It should be defeated.

In defeating it, society is better off.

This thought experiment is normally how people imagine voter behavior in democracy working.

In fact, it's missing an important point.

The important point missing is what economists call the information and voting cost.

In information and voting cost is the cost, maybe in terms of money, maybe in terms of

time and energy or effort, but it's the cost of first being aware that there's a vote pending.

Two, reading up or investigating or finding out what it is that's under consideration.

Three, reading this proposed law and deciding whether, in the end, you think this is good

for you or bad for you.

Deciding how you're going to vote.

Finally, getting up out of your chair, going to the voting place, voting, coming back home.

All of that is costly, sometimes in terms of dollars, sometimes in terms of money, but

it's costly.

In our thought experiment, what we'll do is simulate this information and voting cost

with a $20 fee.

I'm going to propose the same law for society.

We're going to take $10 from everyone in Group A. We're going to burn half of it.

We're going to give what's left to Group B. The people can vote, for or against.

I don't care how they vote, but to vote at all, you must pay $20.

That $20 represents the information and voting cost.

Now, ask yourself, "Who is going to want to vote in this instance?"

The people in Group B clearly are going to want to vote.

They stand to gain a lot from this law.

Although they have to pay $20 to vote, what they stand to gain exceeds the $20 they have

to pay.

Therefore, they will be interested in voting.

Look at the people in Group A. The people in Group A each have to pay $10 if this law

is passed.

But the cost of fighting the law actually exceeds the cost of living with it.

The people in Group A have a strong incentive not to vote at all.

What happens?

What happens is in our thought experiment, this law passes unanimously.

The only people who turn up to vote are the people in Group B, and the people in Group

B unanimously vote for it, and the law passes unanimously.

Is society better off?

No.

Society's actually worse off.

This is a bad law, yet this is something that has emerged from the democratic process once

you understand that an information and voting cost is a real thing.

This is just a thought experiment, but you see this all over the place.

Take, for example, sugar.

There is a sugar tariff.

All sugar that comes into the United States has a tariff attached to it.

Therefore when you buy sugar, you pay more than you would otherwise.

Who benefits from this?

The people who benefit are American sugar producers.

It turns out sugar requires an equatorial environment to grow, so to grow sugar in the

United States, you have to build these large buildings and simulate an equatorial environment.

This is all very costly.

When you're done, the cost of growing sugar in the United States ends up being much higher

than the cost of growing sugar in more equatorial environments.

Consequently, when American sugar producers try to compete with foreign sugar producers,

they can't.

Foreign sugar producers can produce sugar at a lower cost.

The American sugar producers have an incentive to go to Congress and say, "Would you please

impose a tariff on imported sugar so we can compete?"

Congress, made up of politicians who are looking to get elected, turn to the electorate and

say, "Hey.

What do you think about this?"

What the politicians see are basically two groups of people.

A large group of people who are not sugar producers, who have other concerns in their

lives, can't be bothered with reading the minutiae involved in a proposed law, find

the idea of tariffs boring to begin with.

When the politician turns to them and says, "What do you think about this law involving

tariffs?", a lot of them just tune out.

The information and voting cost for these people tends to be higher than the benefit

that they perceive they would get by paying attention.

Meanwhile, the sugar producers of the United States are very interested in this law because

they stand to gain a lot.

When the politician says, "What do you think about this?", all the sugar producers and

the people who work for them and the people they buy things from, all stand up and say,

"Yes.

This is a good idea.

Let's pass this law."

I, as the politician, see then this sea of voters, one group of whom isn't even paying

attention because they don't think it's worth their time, and another group who is intensely

paying attention, is interested in my passing this thing.

I have a strong incentive now to pass this law.

Therefore we end up with a sugar tariff.

That's just in the case of tariffs on sugar.

Multiply this by all sorts of industries and all sorts of special interest groups that

are looking for benefits from legislation, and all of a sudden you find that this information

and voting cost is more than simply just a trick in a thought experiment.

It's something that actually pervades all of the democratic process.

What you're observing here is something economists call concentrated benefit and dispersed cost.

In this case, the benefit of the law, taking the $10 from everybody in Group A and giving

it to Group B, the benefit from this law is concentrated in the hands of small number

of people.

That's the people in Group B. The cost is dispersed over many many people.

Those are the people in Group A. Consequently, the way we imagine lawmaking works, is that

we look at the law and if the benefits of the law exceed the costs of the law, the law

gets passed.

In fact, that's not the way it works.

We look at the law and if the benefit per capita, benefit per person who's benefited

is larger than the cost per person, the cost per person on whom the costs are imposed.

If that benefit per person exceeds the cost per person, then the law gets passed even

if the total benefit is small and the total cost is large.

The way voters end up behaving is that they exhibit what we call rational ignorance.

Rational ignorance means simply that the voters are ignorant of the law and it is perfectly

rational for them to be so, because it doesn't make sense that they would spend their effort

figuring out what this law says and fighting it.

To do so is actually more costly than living with the bad law in the first place.

You might say, "Yes, but we live in a republic, not a democracy."

The whole point of a republic is to get around this information and voting cost.

The way we get around it is by electing representatives.

We understand that the voters don't have the time or the energy or the knowledge to study

legislation.

The information and voting cost is high.

Therefore the voters will hire somebody to do that for them.

We call this person a representative.

You could imagine the people in Group A hiring representatives to represent them, and the

people in Group B hiring representatives to represent them.

These representatives, then, will hash out whether this law is a good idea or not and

vote on behalf of the people in the way the people would vote if they had the time and

the energy to study the law themselves.

That's an interesting idea, but it raises a problem of its own, which is how do we divide

our populace into districts and assign representatives to them?

What we would like is that we assign representatives in an electorally fair way.

Here's what I mean by that.

Let's suppose we have 60% of the population who likes green stuff and 40% of the population

who likes red stuff.

If we were to establish representatives to represent this population, we would want the

representative body, the Congress, to be comprised of 60% green representatives and 40% red representatives.

That is, we want the Congress to look like the population.

One way to do that is something like the following.

We put these 10 households in a district and we say, "You 10 households.

You get to elect a representative.

What kind of representative would you like?"

These 10 households are all green, so if you ask them they will say, "We would like a green

representative."

Then we put these 10 households in a district and we ask them.

They're green.

They would also like a green representative.

As will these 10 households.

Now these 10 households are all red.

If we ask them what kind of representative they would like, they'll say, "Give us a red

representative."

Similarly with these 10 households.

When you're done allocating representatives to the people, you end up with fair representation.

60% of the population is green, 40% red.

60% of the representatives are green, 40% red.

That works.

Maybe.

What happens when these people you have elected have the ability to re-draw the Congressional

districts?

For example, suppose instead of dividing the Congressional districts like I showed you,

we do it differently.

We put these 10 households in a district.

We ask them, "What sort of representative would you like?"

These people would like to have a green representative, these people would like to have a red representative.

This district is mostly green, so if we ask this district, they will say, "Give us a green

representative."

If I put these 10 household in a district, they will also elect a green representative,

as will those 10 household, those 10 and those 10.

Notice what's happened now.

By altering how we define the Congressional districts, we have completely silenced the

minority.

The red households now have no representation in Congress at all.

If you think that's perverse, look at this.

Suppose we were to put these 10 households in a district.

These 10 households are mostly red, so if we ask them, "What kind of representative

would you like?", they will say, "Give us a red representative."

If we put these 10 households in a district, they'll similarly elect a red representative.

If we put those 10 households in a district, they're almost entirely green.

They'll elect a green representative, as will those 10 households.

Finally, here's our last district comprised of these 10 households.

They'll elect a red representative.

Look what's happened.

We have taken the same population we had before, redistricted it, and now we have a majority

representation in Congress of a minority of the population.

The moral of the story is the information and voting cost means that we will have a

tendency to pass laws that are bad for society because they benefit a small group of people

and the cost is spread out over so many people that it's not worth the large number of people's

time to figure out what this law is and to fight it.

We think maybe we should have instead a representative government.

The problem with the representative government is, depending on how we draw our district

lines, we can have fair representation, which is fine, or the problem is we could completely

silence the minority, or give the minority majority representation.

This is an example of what many consider to be the most gerrymandered state in the country.

Gerrymandering is, of course, altering Congressional district lines to benefit the party in power.

This is North Carolina.

You can see the Congressional districts.

Clearly someone has taken the time to think very carefully how to draw these Congressional

district lines to give more representation to whatever party it is that was in power.

In a democracy, voting results in worse outcomes for society.

In a republic, gerrymandering can silence the minority or give majority representation

to a minority of the population.

That's voters, only one of these groups that we mentioned when we talk about government.

Let's talk about politicians' behaviors.

Remember, politicians are human beings just like everyone else.

Picture the voters.

Suppose the voters are thinking about a level of government service.

This might be something like the military or public education or public transportation.

Something like that.

You can imagine, amongst all the voters, there is a lot of people who would like a low level

of this government service.

You could imagine as well there's another large body of voters who would like a high

level of this government service.

You could imagine perhaps there is a smaller number who would like a low to medium level

of this government service, and a smaller number who'd like a medium to high, and then

finally you might imagine that the fewest number of voters of all would like a medium

level of this government service.

Now, not all preferences for government service look this way, but a lot do.

Here's an example.

Think about the military.

There are a large number of voters who believe that the United States has no business intervening

militarily in foreign countries.

We should have a small military that's devoted strictly to defending our borders.

Then we have a large number of people who believe that we should bomb democracy into

everybody on the planet.

What we tend not to have are many people here, who believe we should have a military that's

large enough to be expensive, but not large enough to be effective.

What you typically get with government service is this binary split of the voters between

those who would like a small amount of the government service and those who would like

a large amount.

Superimpose on top of these voters a couple of politicians.

There's this guy.

He's running for office.

Remember, his goal is to get elected.

He says to the voters, "If you elect me, I will provide you with this level of government

service."

His opponent comes along and the opponent says, "Elect me and I'll provide you with

this level of government service."

What do the voters think as they look at these two politicians?

These people like the guy on the left because the guy on the left has promised to deliver

exactly the level of government service they want.

These people like the guy on the right.

He's promised to deliver exactly the level of government service they want.

These people over here, they don't like either one of them, but of the two, they consider

the guy on the right to be the lesser of the evils.

He's going to provide a level of government service that they don't like but is better

than the level of government service the other guy's offering.

When I ask these voters, "who are you going to vote for?", these people vote for the guy

on the left and all of those people will vote for the guy on the right.

What happens?

What happens is the guy on the left is aware that this is how the voters are perceiving

the two candidates.

He will alter his position.

He'll come out and say, "I have been consistently misrepresented in the media.

I have never been for a low level of government service.

I have always been for this level of government service."

Now what happens?

The voters rethink their positions.

These people think that this guy is going to offer the level of government service they

like the best.

These people think this guy's going to offer the level of government service they like

the best.

What does the guy on the left do?

The guy on the left holds a press conference and says, "If you elect me, I promise you

I will provide this level of government service."

Now what happens?

All these voters like this guy.

These voters like this guy.

You end up with each of the candidates getting about 50% of the vote.

What level of government service do we get?

We get the level of government service that the least number of people wanted.

This effect occurs so frequently, economists have given it a name.

It's called the median voter theorem.

The median voter theorem says majority voting will yield the median voter's preference even

if the median preference is the thing that's liked by the least number of people.

You see here, for example, why if you pick any American at random and ask them, "What

do you think about public education in the United States?"

Invariably they will say, "We have a serious problem with public education."

Almost all Americans will say that.

They'll say it for two different reasons.

Half of them will say it because they believe that we're spending too much on public education.

We should be spending a lot less.

The other half of them are going to say it because they believe we're spending too little

on public education and should spend a lot more.

What we're actually doing is spending the amount that satisfies the median voter, which

tends to be the amount that the least number of people are interested in.

The conclusion with politicians is, "They don't seek the common good."

They seek to get elected.

That's not to say that there are no politicians who care about the common good.

It's to say the following.

If you give me two politicians who are equal in every way except one, this guy's primary

motivation is to seek the common good, where this guy's primary motivation is to get elected,

on average, this is the guy who's going to win.

Consequently, on average, the politicians that you will get are politicians whose primary

duty is to get elected.

Seeking the common good is something further down the list.

How do politicians go about getting elected?

They seek to satisfy the median voter, even if the median voter is a small portion of

the population.

We've seen how voters behave through the eyes of a public choice economist.

We've seen how politicians behave through the eyes of a public choice economist.

Let's now think about how bureaucrats behave.

This is the county courthouse in the town I live in.

If you have any business with the county, you go here.

If you want a dog license you go here.

If you want a variance to put up a fence you go here.

You deal with these people.

This is in western Pennsylvania, and in western Pennsylvania it rains all the time except

when it's snowing.

You'll notice here this dark area is an underground garage, which is quite nice because if it's

raining or snowing, you can go in there to park and your car doesn't get wet or snowed

on.

There's an elevator you can go up to where you need to go and do whatever business you

need to do, and come back down.

If you're ever in this town and you have business with the county government and you go here

and you go down the street and you turn to go into this parking garage, you'll see inside

there a sign.

The sign says, "Parking for courthouse employees only."

If you're there as a citizen to do business with the county, you have to park somewhere

else.

Where?

I don't know.

There are a couple of places here.

You can go down the street there.

This parking, the nice stuff, is reserved for the people who work in the building.

Think about this.

Have you ever gone to a store and seen that all of the prime parking out front close to

the door is reserved for the people who work at the store?

Typically not.

Typically these spaces are reserved either for the handicapped or a good manager will

tell his workers, "Don't park near the building.

Park as far away as you can to reserve as many spots as we can close to the entrance

for the customers, the people who are going to come here."

Why do they do that?

This is very different behavior from what you see at the county courthouse.

Businesses do that not because the manager of the business is somehow more altruistic

than the people who work at the courthouse.

It's not because the manager of the business is smarter than the people who work for the

courthouse.

They're the same brand of homo sapien in both instances, the public sector or the private

sector.

The difference is one of motivation.

In the case of the business, if I don't make it as easy as possible for you to come to

my store and to transact business with me, you will go elsewhere and I'll lose your business.

That's not the case for the county courthouse.

With the county courthouse, if I want a dog license or I want a variance to put up a fence

or whatever, I have to go here.

I can't go to the county courthouse in the next county over.

They'll send me away.

If I have parking tickets I have to pay I have to go here.

I can't go to some other county courthouse.

In fact, I don't even have the option to not go at all.

They will send a nice gentleman with guns and handcuffs and force me to come and do

business with them.

The reason you get things like this, the prime parking reserved for the people who work here,

is because of the difference in incentives.

The people in the county courthouse do not have to make me the center of their lives

because I have no choice but to deal with them.

The people in the private sector have to make me the center of their lives because I have

the ability to go elsewhere.

I had to renew my license recently.

In Pennsylvania you get this thing in the mail and it says, "Pennsylvania's driver's

license services are now online."

They give me this web address.

The web address they couldn't even be bothered to buy something neat like renewyourlicense.com.

It's dmv.state.pa.us.

Fine.

Whatever.

This is a nice web address.

I can go here.

I can renew my driver's license.

I go to a browser.

I type this thing in.

What do I see?

I see this.

There are 36 links on this page.

I spend about five minutes clicking and backing out and clicking and backing out and clicking

and backing out before I discover that this the link I want, "Driver's license, photo

ID".

Fine.

I'm going to click on this thing.

I'm going to renew my driver's license.

You click on that link and you go here.

Here you have another 25 or 30 links and again another five minutes of clicking and backing

out and clicking and backing out and clicking and backing out before I discover that this

is the link is want, "renewing your driver's license".

Okay, good.

I'm going to click on this.

My driver's license will be renewed.

You click on that link and you go here.

This says, "Renewing your non-commercial driver's license" ... I don't know what all that means,

but we have step number one.

This is good news.

This means something's happening.

Step number one.

"Receive an invitation to renew DL60A/DL60R, or obtain form DL143."

I don't know what that means.

Imagine that you have to buy a screwdriver and you go to Home Depot.

What normally happens?

What normally happens is you walk into Home Depot.

You walk up to the person.

You say, "Hello.

I'd like to buy a screwdriver."

If they're not busy, they'll often come out from behind the counter and say, "Come with

me this way.

The screwdrivers are over here."

If you need screwdrivers, maybe you need screws.

"We have screws.

We have 50% off on hammers this month."

Maybe you want to buy a hammer.

They will do everything they can to make it as easy as possible for me to conduct business

with them because if they don't, I will go elsewhere.

Imagine what would happen if you need to buy a screwdriver and you go to Home Depot and

you say, "Hello.

I'd like to buy a screwdriver."

They say to you, "You'll need to fill out form DL60A/DL60R or obtain form DL143."

What do you do?

You leave.

You go somewhere else.

Pennsylvania can do this because if I want a Pennsylvania driver's license, I have no

option except to deal with these people.

All right.

I still don't know what DL60A/DL60R is.

I'm going to hope it's that piece of paper they sent me in the mail and just skip step

number one and go to step number two.

Step number two.

"Return the complete application with a check or money order made payable to PennDOT", that's

Pennsylvania Department of Transportation, "in the amount indicated on the form."

Here we have in red, "Cash or credit/debit cards cannot be accepted."

They want a check.

I have a checkbook.

I write a check maybe once every five years to these people.

I get out my check and I'm writing the check.

My son, who's in high school, walks by.

He says, "What are you doing?"

I say, "I'm writing a check."

He says, "What's a check?"

Anywhere else on the planet, when you want to buy something online, what do you do?

You go there and they'll take your credit card or a debit card or you could pay with

PayPal.

You can even find some places that will take things like bitcoin.

These people want a check.

Fine.

I'll write them a check.

Step number three.

A camera card will be mailed.

You should receive it in seven to ten working days after the form is processed.

Once you receive your camera card, you take it, with appropriate identification, to the

driver's license center where they give you a new driver's license.

Step back and imagine what just happened here.

They sent me in the mail a piece of paper.

I go to a browser and I type in this web address and I get a whole bunch of links.

I click and I back out and I click and I back out and I click and I back out.

Ten minutes later I figure out what it is I need to do, and I write a check.

I write a check.

I put it in the envelope.

I put a stamp on the envelope.

I use stamps once every five years to mail the check that I write once every five years

to these people.

I then take this envelope to my mailbox, put it in, go back to the house, wait seven to

ten working days, come back to the mailbox.

In there is another piece of paper.

I then take it to my car.

I drive to the photo license center.

I sit in the chair.

They take my picture.

They give me the license.

Total time to transaction, seven to ten working days.

Imagine if these people faced competition.

How would this transaction work?

I'd get a text.

Ring.

"It's time to renew your driver's license.

Click here."

I would click.

It would say, "We have your credit card on file.

Do you want to use the same credit card or do you want to change it?"

I'll use the same credit card, so I click.

"Put your face in the camera."

Click.

"Do you like the picture?"

Yes.

"Hit print."

It would print on my printer.

Total time to transaction, 30 seconds if I don't know what I'm doing.

How do I know that this is how it would work if a private business were handling licenses

instead of the government?

This is the way it works everywhere else.

If you would like to buy, God knows why, "The Best of Bowie", you can go to amazon and type

in "The Best of Bowie" and you will get this.

It says, "Buy now with one click."

All you do is click.

You click here and they'll send you a CD.

Even better than that, you click, you could download the thing.

Thirty seconds later you've got this music that you wanted.

This isn't even the latest technology.

The latest technology is this.

That's a magnet.

It goes on your washing machine.

When you are running low on laundry detergent, you push the button.

That's all you do.

You just push the button.

It's pre-registered with your credit card and your address and all of that stuff.

You push the button.

Three days later a box of Tide shows up on your doorstep.

Why the difference in behavior between the bureaucratic organization and the private

sector organization?

The difference is not because the people over here dumb, the people over here are smart,

or the people over here are selfish and the people over here are altruistic.

The difference has nothing to do with the people.

They're the same brand of homo sapien.

The difference is in the incentives.

The people over here in the private sector have an incentive to put me at the center

of the lives because if they don't, I will walk away.

The people over here do not have the incentive to put me at the center of their lives.

Therefore they do what any human being would do, what those human beings would love to

do but can't.

They put themselves at the center of their lives.

So you get things like arcane descriptions of forms that have to be filled out and parking

spaces that are reserved for the people who work here.

The problem here is fundamentally, bureaucrats behave the way they do for two reasons.

One, there's no profit motive.

If they behave well, they don't get increased profits in which they get to share.

If they behave poorly, they don't incur losses that now cause their stockholders to come

down on top of them.

There's no competition.

There's nowhere else for people to go.

Therefore you get this natural behavior that the economist would predict.

Does this mean, ultimately, the government can't make good decisions?

That, I believe, is the wrong question.

The right question is because humans in both the public and the private sector are fallible,

they will make errors.

The right question is not, "Who's going to avoid making errors, markets or government?"

The right question is, "When they do make errors," because they will, "who has the greater

incentive to identify and correct those errors?"

An economist will argue that often, perhaps all of the time, the answer is people in the

private sector, because they must respond to profit and loss incentives, because their

customers can walk away.

The moral of the story is be careful what you wish for.

When you see a problem and you say, "If only the government would," because in reality

we face all kinds of problems like rational ignorance, gerrymandering, the median voter

theorem, and a bureaucratic monopoly.

Because of that, these wonderful things you imagine that will happen when you say, "If

only the government would," often don't happen at all.

What you get is something very different.

For more infomation >> Public Choice Theory: Why Government Often Fails - Duration: 33:07.

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David Guetta feat Selena Gomez Style - Run (NEW 2017) - Unreleased Songs - Duration: 4:01.

David Guetta feat Selena Gomez Style - Run (NEW 2017) - Unreleased Songs

For more infomation >> David Guetta feat Selena Gomez Style - Run (NEW 2017) - Unreleased Songs - Duration: 4:01.

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KSW 40: Mateusz Gamrot vs Norman Parke 2 - Duration: 4:30.

For more infomation >> KSW 40: Mateusz Gamrot vs Norman Parke 2 - Duration: 4:30.

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Connect your Amiga to a modern display. OSSC, Framemeister, Cheap SCART - Compared and Reviewed ! - Duration: 13:22.

Hey what's up guys back again with another video - so one of the biggest

questions I get asked a lot on my channel is how do I connect my Amiga

computers to modern LCD displays and the short answer is I use what's called an

"Upscaler". Now I have three different upscalars in my possession and I'm going

to show you each of the three that I have, talk about the advantages and

disadvantages how they work and how to hook them up and talk about the price

and send you some links to purchase them if you're interested in doing this

yourself, as well as give my take on each of the three and give my recommendations

for what I think is the best upscaler that you can get for an Amiga computer.

so we're going to take a look at three upscalers that work with the Amiga

starting with the XRGB Framemeister by Micomsoft, the OSSC or Open Source Scan

converter and finally a cheap generic SCART to HDMI converter. So before we

continue it's important to understand what an upscaler actually is. Now

there's two parts to this if you think about the Amigas native resolution if we

think about a Workbench resolution for example it's typically a 640 by 400 if

we're doing a just a high res you know workbench screen. Now modern televisions

these days are capable of displaying a 1080p and even up to a 4k display

especially with the advent of 4k televisions really taking off in the

market place over the last 18 months or so. In order to fill an entire TV

display in this day and age you have to multiply that 640 by 400 resolution by a

factor of you know two three four times to basically get the pixel count high

enough in order to fill a modern display so essentially an upscaler is doing

exactly that without taking any processing power away from the computer

now there's also a second part of that and that's

so to manage the RGB frequency now if we think about the Amegas native RGB

frequency it's at 15khz and unfortunately most modern LCDs and

monitors can't display a 15khz signal they usually start at around 31

khz so the upscaler will also manage the

increase of the frequency from 15khz up to a 31khz frequency

in order for the RGB sync to kick in and be able to be displayed. So assuming you

have an Amiga computer in order to do this you need to connect an RGB SCART

cable to it all Amigas have the same 23 pin RGB connector. you can pick up an RGB

scart cable from resellers like AmigaKit - it's going to give you the best

possible display and honestly even if you just wanted to connect your Amiga to

a standard CRT monitor I wouldn't consider anything less than this so this

cheap upscaler costs around $40 from Amazon it's a quite popular one.

AmigaBill from The Guru Meditation uses one for his live streams and Miss Mad Lemon

uses one for her Nostalgia Time videos it has the option to upscale to 1080p

and for 40 dollars it does a pretty decent job however there is some

noticeable lag and artifacting there you can see clearly especially with faster

scrolling titles but for the price it's hard to fault this.

Next up is the open source scan converter or OSSC this is an FPGA based

scan converter that was built by Markus Hiiekari

This one is priced at around 175 u.s. dollars it has a SCART input and

additional inputs for VGA and component signals now we won't be using them on

the Amiga but it's a nice touch this is the newer 1.6 version that has

an HDMI output and it takes 5 volts of power just like the cheapest upscaler

we tested if you want an OSSC unfortunately you'll need to get on a

waiting list for one since they need to be built by hand - if you are wondering i

ordered mine on June 25th and received mine at the end of September. The OSSC

works with scanlines individually rather than frames and it doesn't store a frame

buffer in its memory anywhere therefore there is little to no lag at all let's

take a look at the image quality

And finally the big boss of upscalers the Micomsoft XRGB Framemeister.

Priced at around four hundred US dollars it's a very expensive unit it has

different inputs for RGB scart s-video two HDMI inputs vga composite and

component it has many advanced features including scanlines and many other

things the framemeister has a frame buffer and it has about 20 milliseconds

lag in other words about one frame. It takes five volts of DC power like the

other units and it's a really excellent scaler but how good is it with the Amiga

let's find out

If we compare a still shot the Framemeister has a much more natural

color and it looks fantastic notice the ground and copper backgrounds

seem to blend in much nicer the OSSC is a little harsh and there's also a

faint vertical banding I notice as well if you look carefully it's easier to say

that the framemeister is the clear winner here and let's end the video

right now - but it's not that simple.

The Framemeister has a few problems one of

them I would say is almost a deal-breaker first of all it appears as

there's quite a bit of noise on the display notice the shimmering in the

copper effect I tried tweaking different options in

the framemeister menu and I can't seem to get rid of it the noise is present

throughout now most of the time you don't notice it but when you do it's a

little annoying but the even bigger problem with the framemeister is that it

struggles to change resolutions in fact it will go out of sync for a couple of

seconds before displaying the new signal this can be really distracting

especially with Amiga games that switch resolutions say from low res to

interlaced mode or to HAM mode to display an image. Here are two examples

of what I'm talking about

If you can live with the resolution delay sync issue then the framemeister

is hands down the best scaler around it has absolutely gorgeous image quality

but at $400 it's hard to recommend it alone just for the amiga now if you have

many other retro systems and consoles you want to upscale and want the best

possible image then this is probably the best option for you

The OSSC is a very good upscaler that supports the Amiga nicely. It's image

quality isn't as good as the framemeister but it's close.

Certainly a lot cheaper and it's an active development with many firmware

updates being released for it it's only going to get better and it's also worth

mentioning that the OSSC has a ton of menu options and there's quite possibly

a better way to get a good image out of it with some tweaking but I'm only going

into this with a set and forget mindset now if anyone out there has an OSSC and

knows of a better config setting for the Amiga please let me know.

And finally for $40 the cheap upscaler isn't that bad at all

it has notable frames of lag and a blurrier image but it gets the job done

especially at 1080p I think most people who bought one would be very happy with it.

Okay so if I have to pick one of the three which one would I pick I would say

go with the OSSC - at 175 dollars it's not 100% perfect picture quality but

it's pretty good and with the continuation of the firmware updates

that are being made for it it seems like there's a new firmware that's been

released monthly I only see this unit improving over time.

Now in this particular review I want to mention that I didn't talk about the Indivision ECS and the Indivision AGA

scandoublers for the Amiga and the reason why I did that

was because for those particular units you have to open up your Amigas case it

makes it a little different for an average user that wants to get an Amiga

running on an LCD display and also there's additional configuration that

needs to happen with the Indivision line of scan doublers it's not as easy

as just installing it and forgetting about it there's a lot of tweaks that

you have to do in order to get a good image on your LCD or TV so I felt like

that was not really a part of this video this is really for an external scan

double to be plugged into your RGB port and to see what type of performance that

we can get with those particular devices well that's all for this video guys I

hope you enjoyed it let me know what you thought about it in the comments below

as always don't forget to Like and subscribe and as always I'll catch you

guys in the next video bye for now

For more infomation >> Connect your Amiga to a modern display. OSSC, Framemeister, Cheap SCART - Compared and Reviewed ! - Duration: 13:22.

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RUSSIANS REACT TO GREEK RAP | bonamin - JDM | REACTION | αντιδραση - Duration: 4:51.

Disclaimer

It says: "This video" in the beginning

Almost like in Russian

Ah, fancy cars

Is this video about cars?

Awesome, awesome

Nice cars

I'm wondering what he's rapping about

Probably about the cars

Or maybe he says "I'm awesome, I'm cool"

Fancy engines

He's probably rapping about race cars

What can you say about race cars?

About the feeling you get when driving those cars

They showed Honda Civic, Subaru

What was that?

This is Honda S2000 and Subaru Impreza

Fire from the tailpipe

This one is Skyline

Amazing

There's also a Mitsubishi Lancer

All cars are pimped up

Well, they used to pimp up cars like that 15 years ago

All those cars are from 15 years ago

That car flew up like a spaceship

They are so dope

I heard the word "Tirbina"

Dude dedicated the whole song to the cars

It's the first time I see that

I thought that car had a Lada (russian car) sign

No, it will never happen

I swear that car is Lada

Stop joking bro. Never

It was a Subaru

Maybe I should grow a beard so that I look Greek

Then you'll go to Greece and get surrounded by girls

All those clips are from 2000s

Even the quality is low

All that reminds me of Need For Speed - Underground or Gran Turismo

Hit the like button if remember Need For Speed

Need For Speed Undergroud was so dope back in the days

Yeah, 1st and 2nd parts were every school kid's favorites

It was 2003-2004, I was 12 years old

Well, it's a decent song about cars

Beautiful cars

Big salute to Bonamin for paying homage to those times and old cars

It's very cool. Respect

Respect bro Bonamin

Respect respect

What?

I hope Google Translate isn't lying to me

Very very apotoma

Hit the Like button and comment if it's the right word

Apotoma video

For more infomation >> RUSSIANS REACT TO GREEK RAP | bonamin - JDM | REACTION | αντιδραση - Duration: 4:51.

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Ariana Grande feat Martin Garrix Style - Run (NEW 2017) - Unreleased Songs - Duration: 4:01.

Ariana Grande feat Martin Garrix Style - Run (NEW 2017) - Unreleased Songs

For more infomation >> Ariana Grande feat Martin Garrix Style - Run (NEW 2017) - Unreleased Songs - Duration: 4:01.

-------------------------------------------

Smerigliatrice Elettrica Tacklife RTD35ACL - Duration: 3:46.

For more infomation >> Smerigliatrice Elettrica Tacklife RTD35ACL - Duration: 3:46.

-------------------------------------------

#Huoltotasku - Asiakas puhuu - Duration: 1:54.

For more infomation >> #Huoltotasku - Asiakas puhuu - Duration: 1:54.

-------------------------------------------

புற்று நோயால் உயிருக்கு போராடிக்கொண்டு இருக்கும் நடிகைகள் | Tamil Cinema News | Kollywood Tamil News - Duration: 2:02.

For more infomation >> புற்று நோயால் உயிருக்கு போராடிக்கொண்டு இருக்கும் நடிகைகள் | Tamil Cinema News | Kollywood Tamil News - Duration: 2:02.

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[PMSM Powering Issue] SMRT C151 [131/132] departing Raffles Place - Duration: 0:44.

[PMSM Powering Issue] SMRT C151 [131/132] departing Raffles Place

Doors are closing.

Next station, City Hall.

For more infomation >> [PMSM Powering Issue] SMRT C151 [131/132] departing Raffles Place - Duration: 0:44.

-------------------------------------------

TARA NỮ HOÀNG KPOP -WHE ARE YOU BEING LIKE THIS - QRI ,EUNJUNG,SOYEON,BORAM,JIYEON,HYOMIN - Duration: 2:55.

For more infomation >> TARA NỮ HOÀNG KPOP -WHE ARE YOU BEING LIKE THIS - QRI ,EUNJUNG,SOYEON,BORAM,JIYEON,HYOMIN - Duration: 2:55.

-------------------------------------------

Outdoor Playgrounds - Kids Castle Playground Part 1 - Duration: 9:16.

Hi friends! Today we're at the playground!

Come on! Let's go!

Do you think we can both see-saw on the same side? No

Come on princess. Don't be scared of me, I'm just a knight.

It's working! It's see-sawing! *laughter* Yeah!

Mommy, I'm climbing up.

I'm done! I'm done! Get me off! Get me off!

Bennett's Playtime

They're other kinds of trampolines. A little bit

Hey look!

Oh, you can drum it

See you can drum it

Oh that's great drumming. Can you get on top of it?

Sure

I can do it! You can!

I'm almost up to the top! Yep

Yeah! I did it!

Hey! Way to go!

Come down stairs

Go up it like I was doing that

Now, I can go down it again

Or you can come this way or that way

You can. Either way. Hi-yah!

Hello! You're a princess!

No. Yeah, go over to that one and you can be a prince

Put you're head through this hole, Bubba

See look! That's a princess. Put your head through this hole

Over here

Yeah. Go to the other side. Put your head through the hole

Now I'm a knight! Now you're a knight!

You can't reach? No. So I should just go to this way

Hi!

Mommy, I'm climbing up

I see. You're doing a great job

Did it! I'm not scared! Yay! I'm so proud of you!

Give me high fives

Come on. Come on.

Come on princess. Don't be scared of me, i'm just a knight!

Okay, I'm not scared

Here. Come down this tunnel with me

Cool tunnel, right?

Cool tunnel

Cool slide, right?

Super cool

Yay!

Here I come!

Princess, come on

Well, I can't climb up that

You can't? No. Are you sure?

I mean, I bet you could if you tried. Yeah, climb up it

You can do it. There's another foot step

See

No I know. I'm coming down a little

Okay. That's okay to be scared sometimes

I'm done! I'm done! Get me off! Get me off!

OKay! Here I come

*laughing*

Why do I need to hold the handle?

You need to hold the handle. Because if you don't you will fall off while you are see-sawing

You'll fly off while you're see-sawing?

You'll fall off when you don't hold the handle

Oh ok. That's a good safety tip

See at me? So you need to do the same thing that I am

Two hands on each handle

Good call

Safety Bennett

Hey Mommy. Yeah

How about...

Ope *laughs* I don't know if that was very safe

Do you think we can both see-saw on the same side? No

Here we go

It doesn't work very well, does it?

Mommy, you should sit on that side, too

Alright, I guess I will

It's working! It's see-sawing!

*laughs* Yeah!

It's see sawing a little bit

Good job!

It doesn't work very well?

Hey, do you want to get on a swing?

Choose one of these fun videos to keep hanging out with Bennett

Click his super sweet face to subscribe, and make sure you hit the bell icon, too

We hope your day is happy. And we'll see you next time, here on

Bennett's Playtime!

For more infomation >> Outdoor Playgrounds - Kids Castle Playground Part 1 - Duration: 9:16.

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Project: Give Us Peace (ROUND TABLE DISCUSSION) - 13.9.2017 - Duration: 1:36:03.

Project: Give Us Peace (ROUND TABLE DISCUSSION)

Domen Kočevar (Head of Theosophical Library and Reading Room of Alma M. Karlin, Celje - Slovenia)

Domen Kočevar (vodja Teozofske knjižnice in bralnice Alme M. Karlin – TKBAK, Celje - Slovenija)

MARIJANA KOLENKO - head of primary school Lava Celje; supporter and organizer of project "Pozdrav ptic miru"

MARIJANA KOLENKO - ravnateljica osnovne šole Lava Celje; pobudnik in organizator projekta »Pozdrav ptic miru«

GREGOR DELEJA - head of Gimnazija Celje Center

GREGOR DELEJA - ravnatelj Gimnazije Celje Center

PATRICK MC COLLUM - peace activist (http://patrickmccollum.org/)

PATRICK MC COLLUM – mirovni aktivist (http://patrickmccollum.org/)

NINA MEYERHOF - founder and president of organization Children of the Earth (http://www.coeworld.org/nina-meyerhof-edd)

NINA MEYERHOF - ustanoviteljica in predsednica organizacije Children of the Earth (http://www.coeworld.org/nina-meyerhof-edd)

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