
Constitution Day, Cyber School, Age & Financial Planning
Season 2023 Episode 183 | 26m 58sVideo has Closed Captions
Constitution Day speaker, GCC Cyber School, Americans financially planning for future.
Russ Feingold, former U.S. Senator from Wisconsin, will be the Constitution Day Speaker at the Center for Constitutional Design at ASU Law tonight. Glendale Community College has just opened the Gaucho Security Operations Center (GSOC). Many Americans want to plan for their future-- but how do you start when you have no idea how long you'll live?
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Arizona Horizon is a local public television program presented by Arizona PBS

Constitution Day, Cyber School, Age & Financial Planning
Season 2023 Episode 183 | 26m 58sVideo has Closed Captions
Russ Feingold, former U.S. Senator from Wisconsin, will be the Constitution Day Speaker at the Center for Constitutional Design at ASU Law tonight. Glendale Community College has just opened the Gaucho Security Operations Center (GSOC). Many Americans want to plan for their future-- but how do you start when you have no idea how long you'll live?
Problems playing video? | Closed Captioning Feedback
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Learn Moreabout PBS online sponsorship>> Ted: FORMER U.S.
SENATOR RUSS FEINGOLD JOINS US TO TALK ABOUT HIS CONCERNS OVER EFFORTS TO RADICALLY CHANGE THE U.S. CONSTITUTION.
ALSO TONIGHT, WHAT TO KNOW ABOUT RETIREMENT INCOME PLANNING WHEN YOU DON'T KNOW HOW LONG YOU'LL LIVE.
WE'LL HEAR ABOUT A NEW CYBERSECURITY INTERNSHIP AT A LOCAL COMMUNITY COLLEGE.
>> Ted: WELCOME TOPRESIDENT BIDEN'S SON, JOE BIDEN WAS INDICTED.
IT WAS OF HIS DRUG USE WITH A HANDGUN IN 2018.
THIS IS A PLEA DEAL TO KEEP HIM FROM SERVING PRISON TIME AND IT PUT BIDEN ON TRIAL NEXT YEAR AND COULD FACTOR INTO REPUBLICAN EFFORTS TO BUILD A CASE TO IMPEACH PRESIDENT BIDEN.
IN LARGE PART, OVER HIS ALLEGED INVOLVEMENT WITH HIS SON'S BUSINESS DEALINGS.
>>> ECONOMIC NEWS, WHOLESALE INFLATION TICKED UP LAST MONTH TO 1.6%, HIGHER THAN ECONOMISTS EXPECTED AND THE BUREAU OF LABOR STATISTICS SAID THE MONTH-TO-MONTH ROSE 6% LARGELY IN LINE WITH FORECASTS.
IN ALL, THE PRODUCER PRICE INDEX IS SHOWING AN UPWARD TREND TO THE CONSUMER PRICE INDEX.
>>> THE ENVIRONMENTAL AND PROTECTION AGENCY TODAY ANNOUNCED THAT IT'S FINALIZED THE ROLLBACK OF A TRUMP ERA POLICY THAT MADE IT DIFFICULT FOR STATES, TERRITORIES AND TRIBES TO REJECT FOSSIL FUEL AND OTHER PRODUCTS.
THEY STATED A TIME TO MAKE THEIR CASE AGAINST SUCH PROJECTS AND THE BIDEN ADMINISTRATION RESTORED A PROCEEDER SCOPE OF FACTORS WHEN DECIDING IT.
THERE WILL BE FAR LESS OF AN IMPACT DUE TO THE SUPREME COURT THAT CUT WATER BY MORE THAN HALF.
>>> THE INTERNATIONAL ORGANIZATION FOR MIGRATION SAYS THAT THE U.S. BORDER WITH MEXICO IS THE DEADLIEST LAND ROUTE FOR MIGRANTS WORLD-WIDE.
THE ORGANIZATION REPORTS THERE WERE 686 DEATHS EARs DISAPPEARANCES AND IT OCCURRED NEAR THE SONORAN AND CHIHUAHUAN DESERT AND IT INCLUDED VEHICLE ACCIDENTS AND LACK OF SHELTER, FOOD AND WATER.
>>> THE CENTER FOR CONSTITUTIONAL DESIGN AT ASU'S LAW SCHOOL IS HOSTING RUSS FEINGOLD AS THE CONSTITUTIONAL DAY SPEAKER.
THE DISCUSSION WILL FOCUS ON THE LATEST BOOK, THE CONSTITUTION IN JEOPARDY IN WHICH HE AND COAUTHOR, PETER PRINDIVILLE WILL RADICALLY CHANGE THE CONSTITUTION.
GOOD TO HAVE YOU AND THANK YOU FOR BEING HERE.
>> GOOD TO BE BACK IN THIS STRAIGHT STATE OF THE GRAND CANYON AND SUPERSTITIONS.
>> Ted: IT'S A GOOD READ AND DEALS WITH ARTICLE 5 OF THE CONSTITUTION.
EXPLAIN, PLEASE.
>> MOST PEOPLE DON'T THINK ABOUT ARTICLE 5, AND EVEN CONSTITUTIONAL LAW PROFESSORS DON'T THINK ABOUT IT AND THE WAY WE WERE ABLE TO CHANGE THE CONSTITUTION.
AND THERE'S ONLY TWO WAYS.
ONE IS THE WAY THAT MOST PEOPLE KNOW ABOUT, THROUGH CONGRESS AND IT'S HAPPENED 27 TIMES AND CONGRESS PROPOSES SOMETHING AND THEN THREE-FOURTHS OF THE STATES HAVE TO RADIFY IT.
THE OTHER WAY EXISTS, TOO.
TWO-THIRDS OF THE STATES CAN APPLY FOR A CONSTITUTIONAL CONVENTION WHERE THEY WOULD BE ABLE TO PROPOSE AMENDMENTS AND IT'S A DIFFERENT THING.
>> Ted: WHY WAS THIS TWO-PRONGED APPROACH, WHY WAS THIS DESIGNED BY THE FOUNDERS.
FOUNDERS?
>> THEY HAD TO RATIFY THIS AND GET IT THROUGH IN PHILADELPHIA AND HAMILTON DIDN'T WANT THERE TO BE ANY CONVENTION PROPOSAL AT ALL.
BUT VIRGINIA AND A NUMBER OF OTHER STATES SAID, WE'RE OUT OF HERE IF THERE ISN'T A WAY TO HAVE A CONVENTION OUTSIDE OF CONGRESS.
IN THE END, AT THE VERY LAST COUPLE OF DAYS IN 1787, THEY SAID, OK, WE'LL HAVE TWO DAYS TO DO IT AND I THINK THEY EXPECTED BOTH WOULD BE USED BUT SO FAR, THROUGHOUT THE WHOLE HISTORY OF THE COUNTRY, ONLY THE CONGRESSIONAL ROUTE HAS BEEN USED.
>> Ted: 27 AMENDMENTS AND THE FACT THERE COULD AND MAYBE SHOULD BE MORE, BUT NO CONVENTIONS, ZERO, ZIPPO AND WHY?
>> THERE COULD HAVE BEEN ONE RIGHT AWAY BUT PEOPLE THOUGHT THERE SHOULD BE A BILL OF RIGHTS AND JAMES MADISON SAYS WE'LL DO IT THROUGH CONGRESS AND THEY DID IT RIGHT AWAY.
THERE WERE FEW UNTIL THE PROGRESSIVE ERA WITH AMENDMENTS AND THEY WERE BASICALLY MOTIVATED IN PART FOR FEAR THERE WOULD BE A CONSTITUTIONAL CONVENTION THAT WOULD CREATE THE DIRECT ELECTION OF SENATORS, A WOMEN, A WOMAN'S RIGHT TO VOTE AND PROHIBITION.
IN MODERN DECADES, IT'S BEEN CONSERVATIVE AMS AMENDMENTS WITH TERM LIMITS OR MORE DISTURBINGLY, THIS CURRENT MOVEMENT THAT WOULD GUT THE WHOLE CONSTITUTION.
>> Ted: THAT'S WHAT I WANT TO GET TO BECAUSE YOUR BOOK OUTLINES ALL OF THIS AND A GOOD JOB OF DOING THAT.
BUT THE CONVENTION ASPECT, NOTHING HAS HAPPENED SO FAR IN THE COUNTRY'S HISTORY BECAUSE IT SEEMS LIKE, ONCE YOU OPEN THAT BOX, YOU DON'T KNOW WHAT'S GOING TO COME OUT OF THERE.
YOU COULD CHANGE THE BILL OF RIGHTS.
>> YOU'VE SAID IT PERFECTLY AND THAT'S THE PROBLEM.
THIS THING IS WILD OPEN.
SOME OF THE PEOPLE IN THESE GROUPS, THE CONVENTION OF THE STATE'S GROUP SAY OH, NO, NO, EVERYBODY WILL BE FINE.
BUT MOSTLY THOSE SCHOLARS AGREE.
THERE ARE NO RULES AND THEY COULD HAVE A CONVENTION AND IT WOULD BE DONE ON A MAJORITY VOTE OF THE STATES.
IN OTHER WORDS, EACH STATE WOULD GET ONE VOTE.
SO CALIFORNIA WOULD GET THE SAME VOLT AS WYOMING AND WE WOULD END UP WITH AN EXTREMELY CONSERVATIVE DOCUMENT TO GUT THE ABILITY OF THE FEDERAL GOVERNMENT FROM CLIMATE CHANGE TO PROBLEMS WITH CLEAN WATER.
THAT'S WHAT THEY'RE PLANNING TO DO AND MOCK SESSIONS WHERE THEY SHOW THAT'S WHAT THEY'LL DO AND THEY SAY, PEOPLE SHOULD BE AWARE OF THIS.
>> Ted: THIS IS MORE THAN JUST TALK.
AS YOU AMONGED, THEY'VE ADD REHEARSALS AND THE WHOLE KNIFE YARDS.
NINE YARDS.
>> A MAJORITY OF THE STATE'S LEGISLATURES COULD VOTE TO OVERRIDE ANY ACT OF CONGRESS OR ANY ADMINISTRATIVE RULE JUST BY MAJORITY VOTE OF 26 STATES AND THAT WOULD GREATLY WEAKEN THE COUNTRY TO FUNCTION AS ONE UNIT.
>> Ted: YOU MENTIONED LEGAL SCHOLARS AND ONLY TARGETED TO CERTAIN THINGS AND OTHER SAY YOU OPENED THE PANDORA'S BOX AND WE DON'T KNOW, DO WE?
>> WE DON'T KNOW.
IT DOESN'T APPEAR CONGRESS OR THE SUPREME COURT HAS POWER TO DECIDE.
JAMES MADISON TOOK A LOOK SAYING WE HAVE TO DO THIS AND THERE DON'T SEEM TO BE ANY RULES AND THERE ARE TO RULES.
WE NEED A CONSTITUTIONAL AMENDMENT TO FIX THIS.
[ Laughter ] >> Ted: AN AMENDMENT TO FIX THE FACT YOU CAN HAVE AN AMENDMENT -- >> AN AMENDMENT TO AMEND THE AMENDMENT.
[ Laughter ] >> Ted: THE IDEA, ACCORDING TO YOUR BOOK, WAS TO GET MORE POWER AND KEEP THAT POWER WITH THE PEOPLE.
CAN THAT IDEA SURVIVE WHEN THE PEOPLE ARE AS DEVICIVE AS THEY ARE NOW?
>> WELL, IT'S VERY HARD IN THIS ENVIRONMENT AND THE PROBLEM IS, WHAT THEY WANT TO DO IS GERRYMANDERED LEGISLATURES AND PEOPLE AS DELICATES ARE PEOPLE FROM THESE CONSERVATIVE LEGISLATURES THAT DON'T REFLECT THE PEOPLE IN THEIR STATE.
WE HAVE THIS PROBLEM IN WISCONSIN, WHERE WE ARE DEMOCRATIC OFFICE HOLDERS AND THE LEGISLATURE IS NOT VERY REPRESENTATIVE OF THE PEOPLE BECAUSE OF GERRYMANDERING AND THAT'S THE PROBLEM.
YOU HAVE A CRISIS WHERE THIS THING WILL BE PASSED, BUT MOST OF THE PEOPLE IN THE COUNTRY WILL CONSIDER IT NOT TO BE A LEGITIMATE DOCUMENT.
>> Ted: YOU MENTION THIS AS A CRISIS.
HOW CLOSE IS THIS TO ACTUALLY HAPPENING?
>> MUCH CLOSER THAN YOU WOULD THINK.
YESTERDAY, THE SPEAKER OF THE HOUSE SAID THAT HE WAS TOTALLY ON BOARD.
KEN MCCARTHY SAID I'M FOR THE CONVENTION OF THE STATE'S PROPOSAL AND IF THE REPUBLICANS TAKE OVER THE HOUSE AND SENATE, WHICH IS POSSIBLE, THEY COULD SAY, WELL, WE THINK THERE'S ANOTHER PETITIONS HERE, WHICH I DON'T THINK THERE IS.
THEY COULD ANNOUNCE THAT AND CALL A CONVENTION AND A POSSIBILITY THIS COULD HAPPEN NEXT YEAR OR EARLY 2025.
>> Ted: BUT IS THIS A POSSIBILITY THAT IT COULD HAPPEN, BUT IS THIS MUCH ADIEU AND A LOT OF POSTURING AND YELLING AND SCREAMING AND GETTING TOGETHER AND DOING REHEARSALS AND MAKING MONEY OFF OF IT ON THE SIDE?
I MEAN, THIS IS SERIOUS BUSINESS.
EVEN IF YOU WANT THE CONSTITUTION TO BE CHANGED AND OVERHAULED AND THIS SORT OF THING, YOU OPEN THAT UP AND YOU DON'T KNOW WHAT WILL POP UP.
>> I WISH IT WAS JUST FOR SHOW AND RAISING MONEY.
I THINK THEY'RE DEAD SERIOUS.
STEVEN BANON CALLS THIS HIS HIGHEST PRIORITY AND THIS ISN'T JUST FOR SHOW.
THEY WANT TO TAKE CONTROL OF THE COUNTRY AND A MINORITY OF PEOPLE WANT TO PUT A STRANGLE-HOLD BY UNDOING THE WORK OF THE FOUNDERS IN 1787 TO 1779.
>> Ted: YOU MENTIONED 7 AMENDMENTS AND ZERO BY WAY OF CONSTITUTIONAL CONVENTION.
BUT THE AMENDMENTS -- WHEN YOU THINK ABOUT IT, A COUPLE CENTURIES AGO, THAT'S NOT THAT MANY AMENDMENTS, IS IT?
>> WE CALL THIS TWIN JEOPARDY AND ONE IS A PROBLEM WE TALKED ABOUT WHICH IS THE CONSTITUTIONAL CONVENTION AND THE OTHER THING, IT'S TOO DARN HARD TO PASS IT THE REGULAR WAY AND THE FIRST TEN WERE THE BILL OF RIGHTS AND ONLY 17.
WE NEED TO GET RID OF THE ELECTORAL COLLEGE.
THERE'S NO RIGHT TO VOTE IF THE CONSTITUTION.
AS I LIKE TO SAY, THE FOUNDERS WERE WEAK ON CLIMATE CHANGE.
THEY DIDN'T GET IT.
SO WE HAVE TO PROVISION THAT HAS TO DO WITH THE ENVIRONMENT.
SO WE THINK THAT WE NEED TO CHANGE THE RULES SO THAT IT'S SOMEWHAT EASIER.
NOT TOO EASY, BUT SOMEWHAT EASIER TO AMEND THE CONSTITUTION, BUT DOING IT IN A WAY THAT WON'T END UP BEING VERY BIASED TOWARD A NONREPRESENTATIVE GROUP OF PEOPLE.
>> Ted: IS THERE A WAY WITH CONSTITUTIONAL CONVENTION?
YOU MENTIONED YOU COULD DO THAT.
IS THAT LIKELY TO HAPPEN?
>> MAYBE NOT, BUT IT HAS TO HAPPEN.
WE'RE IN A STRAITJACKET OTHERWISE.
IT REQUIRES TWO-THIRDS OF BOTH HOUSES AND CAN YOU IMAGINE HOW HARD IT IS TO GET TWO-THIRDS ON ANYTHING RIGHT NOW.
THE PRESIDENT HAS NOTHING TO DO WITH THIS AND THIS IS JUST THROUGH CONGRESS AND THREE QUARTERS OF THE STATES.
SO WE NEED A WAY TO, YES, THROUGH THAT MECHANISM, GET SOME DEMOCRATS AND SOME REPUBLICANS TO SAY, LOOK, WE HAVE CHANGE THE CONSTITUTION OR IT WILL DIE ON THE VINE.
>> Ted: LAST QUESTION, THE DIFFICULTY OF GETTING THAT CONVENTION IS SUCH THAT IT'S NEVER BEEN USED AND WHAT YOU'RE TALKING ABOUT HERE WOULD BE A POSSIBILITY OF A RADICAL CHANGE.
IS IT DIFFICULT ENOUGH.
I MEAN, THAT DIFFICULTY HAS KEPT THINGS AT BAY AND KEPT THIS THREAT, IF YOU WILL, AT BAY.
DOESN'T THAT MEAN IT'S WORKING?
>> IT'S WORKING EXCEPT FOR THE POINT NOW WE HAVEN'T HAD A CONSTITUTIONAL AMENDMENT FOR 50 YEARS AND IT'S BECOMING CLEAR THAT IT'S KIND OF A DEAD LETTER.
WE HAVE TO REMEMBER THAT THE CONSTITUTION BEGINS NOT WITH THE WORDS "WE THE STATES."
IT SAYS "WE THE PEOPLE."
THERE HAS TO BE A WAY FOR THE PEOPLE TO SAY, WE THINK WE NEED TO CHANGE THIS THING AND WE NEED TO MAKE I IT EASIER BUT NOT GUTTING THE ABILITY TO SOME ITS PROBLEMS.
>> Ted: "CONSTITUTION IN JEOPARDY, THANKS FOR BEING HERE.
>> YOU BET.
>> Ted: PLANNING FOR YOUR RETIREMENT FUTURE IS IMPORTANT AT ANY AGE BUT CAN BE DIFFICULT TO MAKE AN EFFECTIVE PLAN WHEN YOU DON'T KNOW HOW LONG YOU'RE GOING TO LIVE.
TONIGHT AS PART OF OUR MONTHLY AARP SPONSORED SEGMENT IMPORTANT TO OLDER ADULTS, WE LONG AT LONGEVITY LITERACY AND WE HAVE JACOB GOLD.
THANK YOU FOR BEING HERE.
GIVE ME A DEFINITION THERE.
>> SO MANY PEOPLE DON'T HAVE AN IDEA OF HOW LONG THEY COULD POSSIBLY BE LIVING AFTER RETIREMENT.
AS CRAZY AS IT SOUNDS WITH MODERN MEDICINE, THE WAY IT IS, THERE ARE SOME INDIVIDUALS THAT MIGHT BE RETIRED FOR MORE YEARS THAN THEY WORKED AND TOO MANY PEOPLE ARE NOT PREPARING PROPERLY FOR THAT LONGEVITY.
>> Ted: I SAW A STUDY THAT 35% KNOW THE AVERAGE LIFE SPAN PASSED THE AGE OF 65.
>> THAT'S RIGHT.
>> Ted: I HAVE TO TELL YOU, ONLY HALF -- A FULL HALF AT 65, YOU'LL GET TO 85 AND MORE.
>> THAT'S RIGHT.
>> Ted: THAT'S A LOT OF FOLKS GETTING TO 85.
>> IT IS.
IT REQUIRES A LOT OF PLANNING AND WE RECOGNIZE THAT LIFE IS EXPENSIVE AND SO MANY PEOPLE ARE IN SURVIVAL MODE.
THEY'RE NOT THINKING LONG TERM.
THEY'RE TRYING TO GET THROUGH THE DAY.
>> Ted: SO HOW DO YOU PLAN -- LET'S SAY YOU'RE THINKING, I HAVE TEN YEARS OR SO.
WAIT A MINUTE, WHAT HAPPENS IF I HAVE 20, 25 YEARS?
WHAT DO YOU DO NOW?
>> YEAH.
I THINK ONE THING IS THAT PEOPLE NEED TO BE STUDYING THEIR SOCIAL SECURITY STATEMENT AND RECOGNIZE WHEN IS THE MOST APPROPRIATE TIME TO START COLLECTING?
IF ONE COLLECTS TOO EARLY, THEY'RE GIVING UP, PERHAPS, TENS OF THOUSANDS OF DOLLARS THROUGHOUT THE REMAINING YEARS OF THEIR LIFE.
SO THE FIRST STEP IS UNDERSTANDING WHEN DOES ONE WANT TO RETIRE?
AND TWO, WHAT TYPE OF INCOME DO THEY NEED?
AND WHICH SOCIAL SECURITY STRATEGY MAKES THE MOST SENSE.
>> Ted: 62?
>> THE EARLIEST YOU CAN TAKE.
>> Ted: AND IF YOU GET UP TO 70 70, YOU CASH IN, DON'T YOU?
>> YOU DO.
FROM A NORMAL RETIREMENT AGE TO 70, YOUR SOCIAL SECURITY BENEFIT COMPOUNDS BY 8% A YEAR UP UNTIL AGE 70 AND FOR INDIVIDUALS THAT CAN'T AFFORD TO WAY, THEY ARE REWARDED HANDSOMELY.
>> Ted: IF YOU HAVE A 401K OR A TRUST FUND, MAYBE IT MAKES SENSE, BUT YOU'RE SAYING IT MAKES SENSE, BUT REALIZE IT HAS TO MAKE SENSE FOR A LOT OF YEARS, POSSIBLY.
>> ABSOLUTELY.
EVERYONE'S RETIREMENT IS UNIQUE AND SPECIFIC TO THEM, OF THEIR HEALTH ISSUES AND THEIR STANDARD OF LIVING AND WHETHER THEY HAVE A 401(K) OUR AN IRA OR BROKERAGE ACCOUNT AND DECIDING WHEN IS THE RIGHT TIME TO RETIRE.
MOST IMPORTANTLY, ONCE YOU PULL THAT TRIGGER AND RETIRE, THERE'S NO GOING BACK.
WE NEED TO MAKE SURE THAT WE RUN THE NUMBERS AND WE FEEL COMFORTABLE WITH IT BEFORE WE PULL THAT TRIGGER.
>> Ted: IMPACT ON SOMETHING LIKE TAXES, HOW DOES THAT PLAY INTO ALL OF THIS?
>> TAXES ARE A BIG PART AND COMES RIGHT OFF THE TOP.
I TELL MY STUDENTS AT ARIZONA STATE UNIVERSITY, THERE'S A DIFFERENCE BETWEEN TAX AVOIDANCE AND TAX EVASION AND THE DIFFERENCE IS, PERHAPS, TIME IN PRISON AND WE WANT TO MAKE SURE WE UNDERSTAND THE TAX COLD AND MAY UNCLE SAM HIS FAIR SHARE SO WE HAVE THE FREEDOM TO LIVE OUR LIVES.
TAXES ARE PARAMOUNT IN PLANNING FOR RETIREMENT.
>> Ted: ALSO AS YOU REFER TO HERE, AND I WANT A BETTER LOOK AT INVESTMENTS, FOR SOMEONE FIVE YEARS AWAY, 25 YEARS AWARE FROM RETIREMENT.
INVESTMENTS WITH THIS LONGEVITY LITERACY, DOES THAT PLAN CHANGE?
>> I THINK IT DOES AND I WAS JUST SHARING THIS WITH MY STUDENTS AT ASU THIS MORNING IS THE FACT THAT INDIVIDUALS REALLY NEED TO BE ABLE TO RECOGNIZE THAT THEY KNOW THEIR SITUATION AND THEY RECOGNIZE WHEN IS THE BEST TIME FOR THEM TO RETIRE BASED ON THEIR OWN SITUATIONS?
>> Ted: HOW OFTEN HAVE YOU HEARD OF AND EXPERIENCED PEOPLE LITERALLY RUNNING OUT OF MONEY?
>> IT DOES HAPPEN AND USUALLY IT ISN'T HAPPEN OVERNIGHT.
SO IT'S A SLOW DESCEND FOR INDIVIDUALS.
AND MAN TIMES WHEN PEOPLE FEEL THAT DESCEND HAPPENING, THEY GET VERY NERVOUS AND VERY ANXIOUS AND WE RECOGNIZE AS YOU GET CLOSER TO RETIREMENT, YOU SHOULD BE DIALING DOWN THE RISK.
HEAVEN FORBID A YEAR OR TWO BEFORE RETIREMENT, YOUR PORTFOLIO DECLINES BY 15%, 20% AND THAT VERY MUCH CHANGES THE ECONOMIC LANDSCAPE FOR YOU.
>> Ted: WE SEE THAT QUITE OFTEN?
>> WE DO, WE DO.
WE DO SEE INDIVIDUALS WHERE THEY WILL RUN OUT OF THEIR INVESTMENTS INSIDE THEIR 401(K), IN THEIR IRA'S AND LEFT SOLELY WITH SOCIAL SECURITY.
IF SOCIAL SECURITY IS YOUR SOLE SOURCE OF INCOME FOR RETIREMENT, YOU HAVE TO MAKE A LOT OF SACRIFICES ON A DAILY BASIS.
>> Ted: CONVERSELY, HOW OFTEN DO YOU SEE PEOPLE IN THEIR 80'S SAYING I WISH I WOULD HAVE SPENT MORE OF THIS WHEN I WAS YOUNGER?
>> A LOT.
THERE'S THE GO-GO YEARS, THE SLOW-GO YEARS AND THE NO-GO YEARS.
WHEN PEOPLE ARE IN THAT NO-GO STAGE, THEY WISH THEY HAD TAKEN THE TIME, THE ENERGY TO GO ON THAT TRIP AND TO ENJOY IT.
BUT MANY TIMES, PEOPLE JUST DON'T KNOW HOW LONG THEY'RE GOING TO LIVE AND MANY PEOPLE THAT HAVE, THEY'RE AFRAID TO DO WITHOUT AND ENJOY RETIREMENT AS THEY COULD.
>> Ted: GOOD INFORMATION AND GOOD TO HAVE YOU.
THANK YOU SO MUCH.
>> THANK YOU.
♪ LIFE AN GOT NOBODY.
♪♪ ♪ OH THE SHARK HAS.
♪ AND IT SHOWS THEM PEARLLY WHITES >> Ted: A NEW CENTER THAT OFFERS INTERNSHIPS IN THE FIELD OF CYBERSECURITY AND THE GOAL TO GIVE STUDENTS REAL WORLD EXPERIENCE IN DEALING WITH SECURITY THREATS AND BREACHES AND HERE TO TELL US MORE ABOUT THE PROGRAM IS DREW NICKELS, A LEAD ENGINEER AT THE SECURITY CENTER AND THANK YOU FOR JOINING US.
GOUCHO SECURITY INFORMATION CENTER.
>> GSOCK, WE PARTNER WITH SMALL RURAL COMMUNITIES IN ARIZONA THAT DON'T HAVE THE RESOURCES FOR THEIR OWN CYBERSECURITY MONITORING AND BRING IN INTERNS EARAND MODERN FOR FOR FREE.
>> Ted: WHAT ARE THE THINGS YOU GO OVER WITH COMMUNITIES AND THE INTERNS?
>> WELL, MY SIDE OF IT IS THE EVENINGENGINEERING SO MY JOB IS TO KEEP THE PLACE RUNNING, FOR ONE.
I LOOK AT THE CLIENTS AND DECIDE WHERE IS THE BEST PLACE TO PUT AGENTS AND LAW COLLECTORS TO COLLECT DATA TO PUT TO OUR SYSTEM TO OUR ANALYSTS CAN GO THROUGH AND COMB THROUGH AND FIND THE ALERTS.
>> Ted: THERE'S A FOCUS ON RURAL COMMUNITIES, CORRECT?
>> YES, SIR.
>> Ted: A LOT THE RURAL COMMUNITIES MAY NOT HAVE THE KIND OF FACILITIES AND EQUIPMENT THAT MAJOR URBAN AREAS HAVE.
HOW DO YOU DEAL WITH THAT?
>> MOST RURAL COMMUNITIES ARE ONLINE AND HAVE TO HAVE NETWORKS AND EVERYTHING ELSE.
THE PROBLEM IS, THEY'RE UNDER THE SAME THREATS, FACING THE SAME ADVERSARIES AS THESE LARGE MUNICIPALITIES.
NO DIFFERENCE, JUST A MATTER OF SIZE AND THE SMALLER COMMUNITIES WHILE THEY HAVE EXCELLENT SUPPORT FOR THEIR IT INFRASTRUCTURE, THEY DON'T HAVE THOSE RESOURCES TO HAVE SOMEBODY WATCHING THEIR BACK, WATCHING THEIR NETWORK AND MONITORING FOR THEM.
>> Ted: WHAT ARE THE BIGGEST ABNORMALITIES?
>> RANSOMWARE AND OFTEN TIMES THROUGH PHISHING EMAILS AND TRICK EMPLOYEES TO GIVING UP THEIR CREDENTIALS GIVING THE ATTACKER ACCESS INTO THE SUM SYSTEM AND ENCRYPT EVERYTHING THEY CAN AND TURN AROUND AND SAY WE ENCRYPTED YOUR DATA AND STOLE IT.
YOU HAVE TO PAY US TO GET YOUR DATA BACK OR WE'RE GOING TO RELEASE ALL YOUR DATA.
>> Ted: AGAIN, RURAL COMMUNITIES ARE NOT IMMUNE AND THE INTERNET THAT KNOWS NO BOUNDARIES, CORRECT?
>> THE CRIMINALS ARE LOOKING FOR THAT, WANTING THE EASY TARGET AND THE SMALLER COMMUNITIES THAT DON'T HAVE THAT SECURITY ARE BIG TARGETS?
>> Ted: ARE YOU PARTNERING WITH ANYONE ON THIS?
>> NOT ON THE FEDERAL LEVEL, BUT WE HAVE TALKED TO BRIAN MURRAY, WHO IS THE DIRECTOR OF THE DEPARTMENT OF HOMELAND SECURITY FOR ARIZONA AND HE'S VERY EXCITED ABOUT THE PROJECT, AS WELL POINT.
WE HAVEN'T HAD SOLID TALKS YET, BUT HE'S INTERESTED IN HELPING US TO EXPAND THIS PROGRAM AND WE WOULD LIKE MORE SHIFTS AND REACH OUT TO MORE COMMUNITIES AND ALL OVER THE STATE OF ARIZONA.
>> Ted: AND HELP MORE STUDENTS.
WHEN IT COMES TO STUDENTS, ARE SECURITY CLEARANCES NEEDED?
>> NOT FOR THIS POSITION.
>> Ted: HOW COME?
>> WE'RE NOT DEALING WITH FEDERAL GOVERNMENT DATA AND WE HAVE DISCLOSURE AGREEMENTS AND THE STUDENTS HAVE -- WE HAVE A CONFIDENTIALITY POLICY THAT STATES IF YOU DISCLOSE ANY DETAILS ABOUT OUR CLIENTS TO ANYONE OTHER THAN THIS LIST OF PEOPLE, IT'S GROUNDS FOR TERMINATION.
AND THEN OUR CONTRACTS WITH OUR RURAL PARTNERS ALSO HAS A NONDISCLOSURE AGREEMENT, AS WELL.
>> Ted: HOW INVOLVED DO THE STUDENTS GET?
>> RATHER INVOLVED.
THEY ARE THE ONES THAT ARE WATCHING THE ALERTS COME THROUGH OUR SYSTEM AND SIDING, IS THIS SOMETHING WE NEED TO LOOK AT OR NOT.
IF THEY NEED TO KNOW, THEY ELEVATE TO EITHER ME OR MY COUNTERPART, CHAD, OUR LEAD ANALYST AND IF IT'S SOMETHING THAT NEEDS IMMEDIATE ATTENTION, WE NEED THEM A CALM.
CALL.
>> Ted: HOW DID THIS CREDIT GET STARTED?
>> THE NEED COMES FROM THE SKILL'S GAP BETWEEN THE TIME A STUDENT GRADUATES UNTIL THEY'RE WORK READY AND THE GOAL IS TO NARROW THAT SKILL'S GAP AND MAKE STUDENTS MORE EMPLOYABLE.
>> Ted: A LOT GET JOBS IN THE INDUSTRY?
>> IT'S A HOT INDUSTRY.
>> Ted: CONGRATULATIONS ON THIS.
GLENDALE COMMUNITY COLLEGE AND GSOCK.
>> THANK YOU.
>> Ted: THANK YOU FOR JOINING US AND YOU HAVE A GREAT EVENING!
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