
February 19, 2021
Season 11 Episode 6 | 26m 46sVideo has Closed Captions
Civil Rights Activist Daniel Smith, Mayor Alex Morse, Maple Corner Farm, GameStop & Stocks
Activist Daniel Smith reflects on what he’s seen in his nine decades of life, from the Civil Rights Movement of the 1960s to the recent #blacklivesmatter protests. Outgoing Holyoke Mayor Alex shares why he’s not running for re-election.. Maple Corner Farm is open for cross country skiing. St. Germain Investments Matt Farkas talks about the GameStop saga and explains how to “short” stocks.
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Connecting Point is a local public television program presented by NEPM

February 19, 2021
Season 11 Episode 6 | 26m 46sVideo has Closed Captions
Activist Daniel Smith reflects on what he’s seen in his nine decades of life, from the Civil Rights Movement of the 1960s to the recent #blacklivesmatter protests. Outgoing Holyoke Mayor Alex shares why he’s not running for re-election.. Maple Corner Farm is open for cross country skiing. St. Germain Investments Matt Farkas talks about the GameStop saga and explains how to “short” stocks.
Problems playing video? | Closed Captioning Feedback
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Learn Moreabout PBS online sponsorship>> COMING UP, STORIES WE'RE CONNECTING YOU WITH TONIGHT -- CONNECTING YOU WITH TONIGHT -- WE SPEAK TO A LOCAL MAN WHO WE SPEAK TO A LOCAL MAN WHO HAS WITNESSED DECADES OF THE HAS WITNESSED DECADES OF THE NATION'S RACIAL HISTORY.
NATION'S RACIAL HISTORY.
>> IT WASN'T UNTIL RECENTLY >> IT WASN'T UNTIL RECENTLY THAT PEOPLE ARE PROUD THAT THAT PEOPLE ARE PROUD THAT THEY WERE DESCEND ED.
THEY WERE DESCEND ED.
BUT WHEN WE GREW UP, KIDS IN BUT WHEN WE GREW UP, KIDS IN SCHOOL WOULD SAY, YOU'RE FROM SCHOOL WOULD SAY, YOU'RE FROM THE SLAVES, YOU'RE JUST A THE SLAVES, YOU'RE JUST A SLAVE.
SLAVE.
>> LONG TIME HOLEIO MAYOR ALEX >> LONG TIME HOLEIO MAYOR ALEX MORSE ON HIS DECISION NOT SEEK MORSE ON HIS DECISION NOT SEEK REELECTION.
REELECTION.
>> I THINK IT'S ALSO HEALTHY >> I THINK IT'S ALSO HEALTHY FOR DEMOCRACY.
FOR DEMOCRACY.
ELECTED POSITIONS AREN'T ELECTED POSITIONS AREN'T LIFETIME APPOINTMENTS.
LIFETIME APPOINTMENTS.
>> AND WHAT EXACTLY DOES IT >> AND WHAT EXACTLY DOES IT MEAN TO SHORT A STOCK?
MEAN TO SHORT A STOCK?
WE'LL EXPLAIN.
WE'LL EXPLAIN.
>> I WOULD NOT CALL THIS >> I WOULD NOT CALL THIS INVESTING.
INVESTING.
WOULD I CALL THIS MORE AKIN TO WOULD I CALL THIS MORE AKIN TO SPECULATION.
SPECULATION.
>> DETAILS ON THOSE STORIES >> DETAILS ON THOSE STORIES AND MORE UP NEXT ON AND MORE UP NEXT ON "CONNECTING POINT."
"CONNECTING POINT."
>> SUPPORT FOR "CONNECTING >> SUPPORT FOR "CONNECTING POINT" IS PROVIDED BY OUR POINT" IS PROVIDED BY OUR CONTRIBUTING VIEWERS.
>> GOOD EVENING, AND THANKS FOR JOINING US FOR "CONNECTING FOR JOINING US FOR "CONNECTING POINT."
POINT."
I'M ZYDALIS BAUER.
I'M ZYDALIS BAUER.
>> FEBRUARY IS BLACK HISTORY >> FEBRUARY IS BLACK HISTORY MONTH, AND TONIGHT WE SPEAK TO MONTH, AND TONIGHT WE SPEAK TO A LOCAL MAN WHO HAS WITNESSED A LOCAL MAN WHO HAS WITNESSED DECADES OF THE NATION'S RACIAL DECADES OF THE NATION'S RACIAL HISTORY.
HISTORY.
FROM THE GRIEF AND GLORY OF FROM THE GRIEF AND GLORY OF THE CIVIL RIGHTS MOVEMENT, TO THE CIVIL RIGHTS MOVEMENT, TO THE ELECTION OF THE FIRST THE ELECTION OF THE FIRST BLACK PRESIDENT, AND MOST BLACK PRESIDENT, AND MOST RECENTLY, THE RISE OF THE RECENTLY, THE RISE OF THE BLACK LIVES MATTER MOVEMENT.
BLACK LIVES MATTER MOVEMENT.
NOW IN HIS NIERNTH DECADE OF NOW IN HIS NIERNTH DECADE OF LIFE, WINSTED RESIDENT DANIEL LIFE, WINSTED RESIDENT DANIEL SMITH SHARED SOME OF HIS SMITH SHARED SOME OF HIS MEMORIES WITH PRODUCER DAVE MEMORIES WITH PRODUCER DAVE FRASER, WHICH INCLUDE GROWING FRASER, WHICH INCLUDE GROWING UP IN NORTHERN CONNECTICUT AND UP IN NORTHERN CONNECTICUT AND ATTENDING SPRINGFIELD COLLEGE.
ATTENDING SPRINGFIELD COLLEGE.
>> ON THE CAMPUS OF >> ON THE CAMPUS OF SPRINGFIELD COLLEGE IN MARCH SPRINGFIELD COLLEGE IN MARCH OF 2014, A SPECIAL EVENT WAS OF 2014, A SPECIAL EVENT WAS HELD THAT BROUGHT TOGETHER HELD THAT BROUGHT TOGETHER THREE MEN, ALL OF WHOM HAD THREE MEN, ALL OF WHOM HAD ATTENDED MARTIN LUTHER KING'S ATTENDED MARTIN LUTHER KING'S 1963 I HAVE A DREAM SPEECH IN 1963 I HAVE A DREAM SPEECH IN WASHINGTON.
WASHINGTON.
ONE OF THOSE MEN WAS DAN ONE OF THOSE MEN WAS DAN SMITH, A 1960 GRADUATE OF SMITH, A 1960 GRADUATE OF SPRINGFIELD COLLEGE.
SPRINGFIELD COLLEGE.
PROFESSOR OF COMMUNICATIONS AT PROFESSOR OF COMMUNICATIONS AT THE COLLEGE, MARTIN DOBROW WAS THE COLLEGE, MARTIN DOBROW WAS THE MODERATOR AND HE CALLS HOW THE MODERATOR AND HE CALLS HOW DAN'S STORY PIQUED HIS DAN'S STORY PIQUED HIS INTEREST.
INTEREST.
>> DAN IS A CONSTITUTIONALLY >> DAN IS A CONSTITUTIONALLY VERY MODEST PERSON.
VERY MODEST PERSON.
HIGHWAY DON'T THINK THINKS OF HIGHWAY DON'T THINK THINKS OF HIS OWN LIFE AS BEING ANYTHING HIS OWN LIFE AS BEING ANYTHING EXTRAORDINARY, BUT TO ME HE'S EXTRAORDINARY, BUT TO ME HE'S THE FOR REST GUMP OF CIVIL THE FOR REST GUMP OF CIVIL RIGHTS.
RIGHTS.
THIS IS SOMEONE WHO ATTENDED THIS IS SOMEONE WHO ATTENDED THE MARCH ON WASHINGTON, WHO THE MARCH ON WASHINGTON, WHO WALKED WITH DR. KING TO WALKED WITH DR. KING TO MONTGOMERY, WHO WORKED IN BATH MONTGOMERY, WHO WORKED IN BATH AT THE HEIGHT OF THE CIVIL AT THE HEIGHT OF THE CIVIL RIGHTS MOVEMENT AND SOME VERY RIGHTS MOVEMENT AND SOME VERY HARROWING ENCOUNTERS THERE.
HARROWING ENCOUNTERS THERE.
ULTIMATELY SOMEONE WHO ULTIMATELY SOMEONE WHO ATTENDED THE INAUGURATIONS OF ATTENDED THE INAUGURATIONS OF BARACK OBAMA, SO HE'S REALLY BARACK OBAMA, SO HE'S REALLY LIVED TRAJECTORY OF THE LIVED TRAJECTORY OF THE AMERICAN RACIAL STORY IN WHAT AMERICAN RACIAL STORY IN WHAT TO ME FEELS LIKE A PRETTY TO ME FEELS LIKE A PRETTY UNIQUE WAY.
UNIQUE WAY.
AND SO IT SEEMED TO ME THE AND SO IT SEEMED TO ME THE VEHICLE FOR A GREAT STORY.
VEHICLE FOR A GREAT STORY.
>> HE WROTE ABOUT SMITH LAST >> HE WROTE ABOUT SMITH LAST JUNE IN A STORY THAT APPEARED JUNE IN A STORY THAT APPEARED IN THE ONLINE PUBLISHING IN THE ONLINE PUBLISHING PLATFORM MEDIUM.
PLATFORM MEDIUM.
WHAT MAKES THIS STORY EVEN WHAT MAKES THIS STORY EVEN MORE UNIQUE IS THAT AT THE AGE MORE UNIQUE IS THAT AT THE AGE OF 88, DAN SMITH IS THE LIVING OF 88, DAN SMITH IS THE LIVING SON OF A SLAVE.
SON OF A SLAVE.
>> THERE HAD TO BE VERY >> THERE HAD TO BE VERY SPECIAL CIRCUMSTANCES FOR THIS SPECIAL CIRCUMSTANCES FOR THIS TO HAPPEN.
TO HAPPEN.
ONE IS THAT HIS DAD HAD TO ONE IS THAT HIS DAD HAD TO PROCREATE QUITE LATE.
PROCREATE QUITE LATE.
DAN CAME INTO THE THE WORLD IN DAN CAME INTO THE THE WORLD IN 1932, SO HIS DAD WAS ALMOST 70 1932, SO HIS DAD WAS ALMOST 70 AT THE TIME.
AT THE TIME.
AND THEN DAN HIMSELF WOULD AND THEN DAN HIMSELF WOULD HAVE TO LIVE A PRETTY LENGTHY HAVE TO LIVE A PRETTY LENGTHY LIFE.
LIFE.
AND THAT WAS OBVIOUSLY TRUE AND THAT WAS OBVIOUSLY TRUE BACK IN 2014, AND HE IS STILL BACK IN 2014, AND HE IS STILL GOING STRONG.
GOING STRONG.
>> DAN SPENT HIS YOUTH GROWING >> DAN SPENT HIS YOUTH GROWING UP IN WINSTED, CONNECTICUT.
UP IN WINSTED, CONNECTICUT.
HE WAS JUST 6 WHEN HIS FATHER HE WAS JUST 6 WHEN HIS FATHER WAS KILLED IN A CAR ACCIDENT, WAS KILLED IN A CAR ACCIDENT, LEAVING HIS MOTHER CLARA TO LEAVING HIS MOTHER CLARA TO RAISE DAN AND HIS FIVE RAISE DAN AND HIS FIVE SIBLINGS IN A TOWN OF NOT MANY SIBLINGS IN A TOWN OF NOT MANY BLACK PEOPLE.
BLACK PEOPLE.
>> WE WERE ALWAYS EMBARRASSED >> WE WERE ALWAYS EMBARRASSED AND ASHAMED THAT WE WERE AND ASHAMED THAT WE WERE DESCENDANTS OF SLAVES.
DESCENDANTS OF SLAVES.
IT WASN'T UNTIL RECENTLY THAT IT WASN'T UNTIL RECENTLY THAT PEOPLE ARE PROUD THAT THEY PEOPLE ARE PROUD THAT THEY WERE DESCENDANTS.
WERE DESCENDANTS.
BUT WHEN WE GREW UP, KIDS IN BUT WHEN WE GREW UP, KIDS IN SCHOOL WOULD SAY OH, YOU'RE SCHOOL WOULD SAY OH, YOU'RE FROM A SLAVE, YOU'RE JUST A FROM A SLAVE, YOU'RE JUST A SLAVE.
SLAVE.
>> DESPITE DAN'S FAMILY >> DESPITE DAN'S FAMILY HISTORY, HE WAS ABLE TO GET A HISTORY, HE WAS ABLE TO GET A GOOD EDUCATION IN TOWN BUT AS GOOD EDUCATION IN TOWN BUT AS THE ONLY BLACK KID IN CLASS, THE ONLY BLACK KID IN CLASS, DAN HAD TO LEARN TO ADAPT TO DAN HAD TO LEARN TO ADAPT TO THE WHITE WORLD.
THE WHITE WORLD.
>> I COULDN'T GET A HAIRCUT IN >> I COULDN'T GET A HAIRCUT IN WINSTED BECAUSE THEY WOULDN'T WINSTED BECAUSE THEY WOULDN'T CUT BLACK PEOPLE'S HAIR.
CUT BLACK PEOPLE'S HAIR.
SO I HAD TO TAKE A BUS TO SO I HAD TO TAKE A BUS TO HARTFORD, TAKE A CAB TO THE HARTFORD, TAKE A CAB TO THE BARBER SHOP, AND COST ME $15.
BARBER SHOP, AND COST ME $15.
TO 93 WAS A LOT OF MONEY.
TO 93 WAS A LOT OF MONEY.
>> AFTER HIGH SCHOOL, DAN >> AFTER HIGH SCHOOL, DAN SERVED A TOUR OF DUTY IN THE SERVED A TOUR OF DUTY IN THE U.S. ARMY DURING THE KOREAN U.S. ARMY DURING THE KOREAN WAR.
WAR.
HE WORKED AS AN OPERATING ROOM HE WORKED AS AN OPERATING ROOM TECHNICIAN, AND IT WAS HERE HE TECHNICIAN, AND IT WAS HERE HE DEVELOPED AN INTEREST IN DEVELOPED AN INTEREST IN PUBLIC HEALTH.
PUBLIC HEALTH.
IN 1955, WHEN HURRICANE DIANE IN 1955, WHEN HURRICANE DIANE ROARED THROUGH NORTHERN ROARED THROUGH NORTHERN CONNECTICUT, DAN, WHO WAS AN CONNECTICUT, DAN, WHO WAS AN EXCELLENT SWIMMER, PERFORMED EXCELLENT SWIMMER, PERFORMED AN ACT OF HEROISM THAT IS AN ACT OF HEROISM THAT IS STILL REMEMBERED TO THIS DAY, STILL REMEMBERED TO THIS DAY, SAVING A DROWNING MAN FROM THE SAVING A DROWNING MAN FROM THE TURBULENT MAD RIVER.
TURBULENT MAD RIVER.
>> THE INTERESTING THING WAS >> THE INTERESTING THING WAS EVERYONE THOUGHT I HAD EVERYONE THOUGHT I HAD DROWNED, OR WE HAD DROWNED.
DROWNED, OR WE HAD DROWNED.
SO WHEN I WAS TRYING TO GET SO WHEN I WAS TRYING TO GET HOME, HI TO WALK HOME, I HOME, HI TO WALK HOME, I WALKED IN MY MOTHER'S HOUSE, WALKED IN MY MOTHER'S HOUSE, AND SHE SAID, WHAT ARE YOU AND SHE SAID, WHAT ARE YOU DOING HERE?
DOING HERE?
AND I -- SHE SAID THE POLICE AND I -- SHE SAID THE POLICE SAID YOU WERE DEAD!
SAID YOU WERE DEAD!
AND I SAID, NO, I'M NOT DEAD.
AND I SAID, NO, I'M NOT DEAD.
SHE SAID, WELL, PUT THE SHE SAID, WELL, PUT THE INSURANCE PAPERS BACK.
INSURANCE PAPERS BACK.
>> THE NEXT YEAR, FUNDED IN >> THE NEXT YEAR, FUNDED IN PART BY THE GI BILL, DAN WENT PART BY THE GI BILL, DAN WENT TO SPRINGFIELD COLLEGE, AND TO SPRINGFIELD COLLEGE, AND EVEN THOUGH HIS LIFE WAS EVEN THOUGH HIS LIFE WAS SHAPED BY SLAVERY AND RACISM, SHAPED BY SLAVERY AND RACISM, HE WAS ABLE TO PUSH AHEAD.
HE WAS ABLE TO PUSH AHEAD.
HE JOINED THE WRESTLING TEAM, HE JOINED THE WRESTLING TEAM, SANG IN THE GLEE CLUB AND WAS SANG IN THE GLEE CLUB AND WAS ELECTED PRESIDENT OF THE ELECTED PRESIDENT OF THE STUDENT COUNCIL.
STUDENT COUNCIL.
IN AUGUST OF 1963, DAN ALONG IN AUGUST OF 1963, DAN ALONG WITH A WHITE FRIEND FROM WITH A WHITE FRIEND FROM CONNECTICUT, DROVE TO THE CONNECTICUT, DROVE TO THE NATION'S CAPITAL TO NATION'S CAPITAL TO PARTICIPATE IN THE MARCH ON PARTICIPATE IN THE MARCH ON WASHINGTON.
WASHINGTON.
>> I AM HAPPY TO JOIN WITH YOU >> I AM HAPPY TO JOIN WITH YOU TODAY.
TODAY.
>> ALTHOUGH DR. MARTIN LUTHER >> ALTHOUGH DR. MARTIN LUTHER KING'S SPEECH WAS POWERFUL, IT KING'S SPEECH WAS POWERFUL, IT WAS THE SPEECH OF YOUNG JOHN WAS THE SPEECH OF YOUNG JOHN LEWIS THAT RESONATED WITH DAN.
LEWIS THAT RESONATED WITH DAN.
>> WE MUST GET IN THIS >> WE MUST GET IN THIS REVOLUTION AND COMPLETE THE REVOLUTION AND COMPLETE THE REVOLUTION!
REVOLUTION!
IN HARLEM, IN CHICAGO, IN HARLEM, IN CHICAGO, DETROIT, PHILADELPHIA, AND ALL DETROIT, PHILADELPHIA, AND ALL OVER THIS NATION, THE BLACK OVER THIS NATION, THE BLACK MASSES ON THE MARCH FOR MASSES ON THE MARCH FOR FREEDOM.
FREEDOM.
>> SO WHEN HE CAME ON IT WAS >> SO WHEN HE CAME ON IT WAS JUST SPELLBOUNDING.
JUST SPELLBOUNDING.
KING WAS INCREDIBLE, BUT JOHN KING WAS INCREDIBLE, BUT JOHN REALLY SPOKE TO MY HEART ABOUT REALLY SPOKE TO MY HEART ABOUT GETTING THINGS DONE NOW.
GETTING THINGS DONE NOW.
DON'T WAIT.
DON'T WAIT.
>> DAN WOULD TAKE THE WORDS >> DAN WOULD TAKE THE WORDS THAT WERE SPOKEN THAT DAY TO THAT WERE SPOKEN THAT DAY TO HEART, AND FOLLOW HIS OWN HEART, AND FOLLOW HIS OWN DREAMS.
DREAMS.
HE ENROLLED IN THE HE ENROLLED IN THE VETERINARIAN PROGRAM AT VETERINARIAN PROGRAM AT TUSKEGEE INSTITUTE A. TUSKEGEE INSTITUTE A.
HISTORICALLY BLACK UNIVERSITY HISTORICALLY BLACK UNIVERSITY IN ALABAMA.
IN ALABAMA.
>> IT WAS A WHOLE NEW WORLD >> IT WAS A WHOLE NEW WORLD FOR ME.
FOR ME.
ALL BLACK COMMUNITY, WE HAD ALL BLACK COMMUNITY, WE HAD ONE OR TWO WHITES ON THE ONE OR TWO WHITES ON THE CAMPUS.
CAMPUS.
ALL THE GUYS IN MY ALL THE GUYS IN MY VETERINARIAN CLASS AT THE TIME VETERINARIAN CLASS AT THE TIME HAD WITNESSED SOME SERIOUS HAD WITNESSED SOME SERIOUS DISCRIMINATION OR VIOLENCE, DISCRIMINATION OR VIOLENCE, EITHER THEY HAD IT OR THEIR EITHER THEY HAD IT OR THEIR PARENTS HAD.
PARENTS HAD.
SO I GOT A VERY QUICK SO I GOT A VERY QUICK EDUCATION.
EDUCATION.
>> THIS CAREER PATH WAS >> THIS CAREER PATH WAS SHORT-LIVED, BECAUSE OF HIS SHORT-LIVED, BECAUSE OF HIS LEADERSHIP ABILITIES, DAN WAS LEADERSHIP ABILITIES, DAN WAS ENCOURAGED TO WORK TOWARDS THE ENCOURAGED TO WORK TOWARDS THE CAUSE OF CIVIL RIGHTS.
CAUSE OF CIVIL RIGHTS.
>> THAT WAS ONE OF THOSE FORKS >> THAT WAS ONE OF THOSE FORKS IN THE ROAD, TWO ROADS DIVERGE IN THE ROAD, TWO ROADS DIVERGE INTO THE YELLOW WOOD KIND OF INTO THE YELLOW WOOD KIND OF MOMENT.
MOMENT.
AND HE MADE WHAT WAS A AND HE MADE WHAT WAS A POWERFUL CHOICE, AND WOUND UP POWERFUL CHOICE, AND WOUND UP WORKING VERY INTENSELY WITH WORKING VERY INTENSELY WITH THE CIVIL RIGHTS MOVEMENT DOWN THE CIVIL RIGHTS MOVEMENT DOWN IN ALABAMA.
IN ALABAMA.
HAD A COUPLE OF HARROWING HAD A COUPLE OF HARROWING ENCOUNTERS WHILE HE WAS THERE, ENCOUNTERS WHILE HE WAS THERE, ONCE CHASED WITHIN A FEW ONCE CHASED WITHIN A FEW INCHES OF HIS LIFE BY THE KU INCHES OF HIS LIFE BY THE KU KLUX KLAN ON A DARK ROAD IN KLUX KLAN ON A DARK ROAD IN ALABAMA.
ALABAMA.
SO I THINK THOSE YEARS WERE SO I THINK THOSE YEARS WERE VERY IMPORTANT TO DAN.
VERY IMPORTANT TO DAN.
ALSO A SMALL CHUNK OF HIS ALSO A SMALL CHUNK OF HIS LIFE, BUT AN IMPORTANT CHUNK.
LIFE, BUT AN IMPORTANT CHUNK.
>> THROUGHOUT HIS LIFE, DAN >> THROUGHOUT HIS LIFE, DAN HAS WITNESSED DECADES OF THIS HAS WITNESSED DECADES OF THIS NATION'S RACIAL HISTORY, FROM NATION'S RACIAL HISTORY, FROM THE INJUSTICE OF JIM CROW TO THE INJUSTICE OF JIM CROW TO THE GRIEF AND GLORY OF THE THE GRIEF AND GLORY OF THE CIVIL RIGHTS MOVEMENT, TO THE CIVIL RIGHTS MOVEMENT, TO THE ELECTION OF THE FIRST BLACK ELECTION OF THE FIRST BLACK PRESIDENT.
PRESIDENT.
>> WHEN I WAS GROWING UP, THE >> WHEN I WAS GROWING UP, THE TALK WITHIN THE BLACK TALK WITHIN THE BLACK COMMUNITY OR IN THE WHITE COMMUNITY OR IN THE WHITE COMMUNITY, AND ESPECIALLY -- COMMUNITY, AND ESPECIALLY -- THEY SAY IN 20 YEARS IT'S THEY SAY IN 20 YEARS IT'S GOING TO BE DIFFERENT.
GOING TO BE DIFFERENT.
WHEN BARACK OBAMA WAS ELECTED, WHEN BARACK OBAMA WAS ELECTED, WE WENT TO HIS INAUGURATION, WE WENT TO HIS INAUGURATION, WHEN HE CAME ON TO MAKE HIS WHEN HE CAME ON TO MAKE HIS SPEECH, I MEAN, I WAS JUST SPEECH, I MEAN, I WAS JUST DRIPPING, CRYING, THE GUY NEXT DRIPPING, CRYING, THE GUY NEXT TO ME WHO WAS WHITE WAS TO ME WHO WAS WHITE WAS CRYING.
CRYING.
EVERYONE IN THE ROW, IT WAS EVERYONE IN THE ROW, IT WAS JUST SO EMOTIONAL.
JUST SO EMOTIONAL.
IT WAS JUST SO EMOTIONAL, IT WAS JUST SO EMOTIONAL, BECAUSE WE ALL FELT THE SAME BECAUSE WE ALL FELT THE SAME THING.
THING.
THIS IS FINALLY HERE.
THIS IS FINALLY HERE.
BUT IT HAS CHANGED, AND NOT BUT IT HAS CHANGED, AND NOT FOR THE BETTER.
FOR THE BETTER.
>> AT AGE 88, THERE IS NO >> AT AGE 88, THERE IS NO QUESTION THAT DAN HAS QUESTION THAT DAN HAS WITNESSED MOMENTS OF NATIONAL WITNESSED MOMENTS OF NATIONAL SHAME AND SHIM ERRING SHAME AND SHIM ERRING POSSIBILITIES.
POSSIBILITIES.
HE RETIRED IN 1994, AND IN HE RETIRED IN 1994, AND IN 2006, WED HIS SECOND WIFE 2006, WED HIS SECOND WIFE LORETTA NEWMAN AT THE NATIONAL LORETTA NEWMAN AT THE NATIONAL CATHEDRAL, WHERE DAN SERVED AS CATHEDRAL, WHERE DAN SERVED AS THE HEAD USHER, ESCORTING THE THE HEAD USHER, ESCORTING THE UNITED STATES PRESIDENTS INTO UNITED STATES PRESIDENTS INTO MAJOR NATIONAL EVENTS.
MAJOR NATIONAL EVENTS.
TODAY AT HIS HOME IN NORTHERN TODAY AT HIS HOME IN NORTHERN WASHINGTON, HE AND LORETTA ARE WASHINGTON, HE AND LORETTA ARE WORKING ON DAN'S MEMOIRS.
WORKING ON DAN'S MEMOIRS.
>> I THINK IT'S IMPORTANT WHAT >> I THINK IT'S IMPORTANT WHAT MY MEMOIRS, I HOPE WILL SHOW, MY MEMOIRS, I HOPE WILL SHOW, IS THE PATH I'VE TAKEN FROM IS THE PATH I'VE TAKEN FROM BIRTH TO WHERE I AM NOW.
BIRTH TO WHERE I AM NOW.
AND THE PATH IN A WHITE WORLD.
AND THE PATH IN A WHITE WORLD.
MY PHILOSOPHY HAS ALWAYS BEEN MY PHILOSOPHY HAS ALWAYS BEEN LIFE HAS NO OBSTACLES, ONLY LIFE HAS NO OBSTACLES, ONLY CHALLENGES.
CHALLENGES.
AND ALTHOUGH I'VE NEVER HAD A AND ALTHOUGH I'VE NEVER HAD A FIGHT IN MY LIFE, I WAS ALWAYS FIGHT IN MY LIFE, I WAS ALWAYS READY TO DO BATTLE.
>> THERE WILL BE A CHANGE OF LEADERSHIP FOR AT LEAST TWO LEADERSHIP FOR AT LEAST TWO MAJOR WESTERN MASSACHUSETTS MAJOR WESTERN MASSACHUSETTS CITIES AFTER THIS FALL'S CITIES AFTER THIS FALL'S ELECTIONS.
ELECTIONS.
MAYORS ALEX MORSE OF HOLYOKE MAYORS ALEX MORSE OF HOLYOKE AND DAVID NARKEWICZ OF AND DAVID NARKEWICZ OF NORTHAMPTON HAVE ANNOUNCED NORTHAMPTON HAVE ANNOUNCED THEIR INTENTIONS NOT TO SEEK THEIR INTENTIONS NOT TO SEEK REELECTION.
REELECTION.
BOTH MAYORS HAVE GUIDED THEIR BOTH MAYORS HAVE GUIDED THEIR CITIES THROUGH SOME CITIES THROUGH SOME CHALLENGING TIMES, INCLUDING CHALLENGING TIMES, INCLUDING THE PANDEMIC.
THE PANDEMIC.
"CONNECTING POINT" RAY HERSHEL "CONNECTING POINT" RAY HERSHEL TALKED WITH EACH MAYOR ABOUT TALKED WITH EACH MAYOR ABOUT THEIR DECISION TO STEP DOWN THEIR DECISION TO STEP DOWN AND FUTURE PLANS, AND HIS AND FUTURE PLANS, AND HIS CONVERSATION THIS EVENING IS CONVERSATION THIS EVENING IS WITH OUTGOING HOLYOKE MAYOR, WITH OUTGOING HOLYOKE MAYOR, ALEX MORSE.
ALEX MORSE.
>> I ALWAYS FELT LIKE A DECADE >> I ALWAYS FELT LIKE A DECADE WAS A LONG ENOUGH PERIOD OF WAS A LONG ENOUGH PERIOD OF TIME TO MAKE A DIFFERENCE.
TIME TO MAKE A DIFFERENCE.
TO LEAVE A LASTING IMPRINT, TO LEAVE A LASTING IMPRINT, AND GETTING US CLOSER TO SOME AND GETTING US CLOSER TO SOME OF THE GOALPOSTS AND GOALS OF THE GOALPOSTS AND GOALS THAT WE SET OUT TO ACCOMPLISH THAT WE SET OUT TO ACCOMPLISH 10 YEARS AGO.
10 YEARS AGO.
I FEEL IN MANY WAYS WE'VE I FEEL IN MANY WAYS WE'VE ACCOMPLISHED THOSE GOALS AND I ACCOMPLISHED THOSE GOALS AND I THINK IT'S TIME FRANKLY FOR A THINK IT'S TIME FRANKLY FOR A NEW PERSPECTIVE, AND I THINK NEW PERSPECTIVE, AND I THINK IT'S ALSO HEALTHY FOR IT'S ALSO HEALTHY FOR DEMOCRACY.
DEMOCRACY.
ELECTED POSITIONS AREN'T ELECTED POSITIONS AREN'T LIFETIME APPOINTMENTS.
LIFETIME APPOINTMENTS.
AND I THINK IT'S IMPORTANT TO AND I THINK IT'S IMPORTANT TO HAVE NEW PERSPECTIVES AND NEW HAVE NEW PERSPECTIVES AND NEW VOICES OVER TIME.
VOICES OVER TIME.
I TURNED 32 IN JANUARY, AND I TURNED 32 IN JANUARY, AND I'M EXCITED ABOUT WHAT'S NEXT.
I'M EXCITED ABOUT WHAT'S NEXT.
>> AS YOU LOOK BACK AT YOUR 10 >> AS YOU LOOK BACK AT YOUR 10 YEARS AS MAYOR OF HOLYOKE, YEARS AS MAYOR OF HOLYOKE, ALEX, WHAT DO YOU FEEL IS YOUR ALEX, WHAT DO YOU FEEL IS YOUR MOST PROUD ACHIEVEMENT OR YOUR MOST PROUD ACHIEVEMENT OR YOUR MAJOR ACCOMPLISHMENTS THAT MAJOR ACCOMPLISHMENTS THAT YOU'RE MOST PROUD OF?
YOU'RE MOST PROUD OF?
>> WHEN I THINK ABOUT WHAT I'M >> WHEN I THINK ABOUT WHAT I'M MOST PROUD OF, IT'S STANDING MOST PROUD OF, IT'S STANDING UP TO MAKE CITY HALL AND THE UP TO MAKE CITY HALL AND THE CITY OF HOLYOKE AN INCLUSIVE, CITY OF HOLYOKE AN INCLUSIVE, WELCOMING PLACE THAT FOCUSES WELCOMING PLACE THAT FOCUSES ON EQUITY.
ON EQUITY.
WE NOW HAVE A CITY GOVERNMENT WE NOW HAVE A CITY GOVERNMENT FROM DEPARTMENT HEADS TO FROM DEPARTMENT HEADS TO COMMISSIONERS AND VOLUNTEERS COMMISSIONERS AND VOLUNTEERS THAT REFLECTS THE DIVERSITY OF THAT REFLECTS THE DIVERSITY OF OUR POPULATION.
OUR POPULATION.
ONE OF THE FIRST THINGS I DID ONE OF THE FIRST THINGS I DID AS MAYOR THAT REMAINS TO BE AS MAYOR THAT REMAINS TO BE ONE OF THE THINGS I'M MOST ONE OF THE THINGS I'M MOST PROUD OF IS FRANKLY OPENING UP PROUD OF IS FRANKLY OPENING UP A NEEDLE EXCHANGE PROGRAM.
A NEEDLE EXCHANGE PROGRAM.
THAT IS SAVED COUNTLESS LIVES THAT IS SAVED COUNTLESS LIVES HERE IN THE CITY OF HOLYOKE, HERE IN THE CITY OF HOLYOKE, TO FOCUS ON HARM REDUCTION AND TO FOCUS ON HARM REDUCTION AND TACKLE THE OPIOID EPIDEMIC.
TACKLE THE OPIOID EPIDEMIC.
I'M PROUD OF THE FACT WE MADE I'M PROUD OF THE FACT WE MADE HOLYOKE A SANCTUARY CITY TO HOLYOKE A SANCTUARY CITY TO PROTECT UNDIEWNLTED PROTECT UNDIEWNLTED IMMIGRANTS.
IMMIGRANTS.
I'M PROUD OF THE FACT WE I'M PROUD OF THE FACT WE CLOSED THE STATE'S LAST COAL CLOSED THE STATE'S LAST COAL PLANT AND TRANSITIONED CLOSER PLANT AND TRANSITIONED CLOSER TO 100% RENEWABLE ENERGY HERE TO 100% RENEWABLE ENERGY HERE IN THE CITY.
IN THE CITY.
BUT AGAIN, REALLY, IT'S BUT AGAIN, REALLY, IT'S OPENING UP THE DOORS OF CITY OPENING UP THE DOORS OF CITY HALL TO COMMUNITIES AND PEOPLE HALL TO COMMUNITIES AND PEOPLE THAT DIDN'T FEEL LIKE THEY THAT DIDN'T FEEL LIKE THEY COULD BE PART OF THEIR COULD BE PART OF THEIR GOVERNMENT.
GOVERNMENT.
>> THE LAST ELECTION WHEN YOU >> THE LAST ELECTION WHEN YOU RAN FOR CONGRESS AGAINST RAN FOR CONGRESS AGAINST RICHARD NEIL, IT WAS A RICHARD NEIL, IT WAS A BRUISING CAMPAIGN AND BREEZING BRUISING CAMPAIGN AND BREEZING ELECTION.
ELECTION.
YOU WERE QUOTED AS SAYING YOU WERE QUOTED AS SAYING AFTER THAT ELECTION THAT YOU AFTER THAT ELECTION THAT YOU WOULD CONSIDER RUNNING AGAIN.
WOULD CONSIDER RUNNING AGAIN.
IS THAT AN OPTION FOR YOU AT IS THAT AN OPTION FOR YOU AT THIS POINT?
THIS POINT?
WOULD YOU CONSIDER RUNNING FOR WOULD YOU CONSIDER RUNNING FOR CONGRESS AGAIN?
CONGRESS AGAIN?
>> I WOULD SAY IT'S VERY >> I WOULD SAY IT'S VERY UNLIKELY THAT I WOULD MOUNT UNLIKELY THAT I WOULD MOUNT ANOTHER CAMPAIGN FOR CONGRESS ANOTHER CAMPAIGN FOR CONGRESS IN THE NEAR FUTURE.
IN THE NEAR FUTURE.
I WANT TO LOOK FORWARD, I WANT TO LOOK FORWARD, CONTINUE GIVING BACK TO MY CONTINUE GIVING BACK TO MY COMMUNITY, AND I THINK I NEED COMMUNITY, AND I THINK I NEED A BREAK FROM BEING THE A BREAK FROM BEING THE CANDIDATE.
CANDIDATE.
>> WE ALL KNOW WHAT A >> WE ALL KNOW WHAT A DIFFICULT CAMPAIGN THAT WAS DIFFICULT CAMPAIGN THAT WAS AND WHAT A CONTROVERSIAL ONE AND WHAT A CONTROVERSIAL ONE IT WAS.
IT WAS.
IN RETROSPECT, AS YOU LOOK IN RETROSPECT, AS YOU LOOK BACK AT THAT CAMPAIGN, BACK AT THAT CAMPAIGN, MR. MAYOR, HOW MUCH DO YOU MR. MAYOR, HOW MUCH DO YOU FEEL THIS WHOLE ISSUE WITH THE FEEL THIS WHOLE ISSUE WITH THE CONTROVERSIER ON UMASS AND CONTROVERSIER ON UMASS AND REACHING OUT TO STUDENTS REACHING OUT TO STUDENTS THROUGH SEAN MAHONEY IMPACTED THROUGH SEAN MAHONEY IMPACTED THAT CAMPAIGN?
THAT CAMPAIGN?
WAS THAT A GAME-CHANGER?
WAS THAT A GAME-CHANGER?
>> I THINK IT IMPACTED THE >> I THINK IT IMPACTED THE CAMPAIGN.
CAMPAIGN.
IT WAS A GRUELING 14-MONTH IT WAS A GRUELING 14-MONTH CAMPAIGN, WE CRISSCROSSED THE CAMPAIGN, WE CRISSCROSSED THE DISTRICT, AND I DON'T WANT TO DISTRICT, AND I DON'T WANT TO GET CAUGHT UP IN THE NOISE GET CAUGHT UP IN THE NOISE THAT HAPPENED AT THE END, BUT THAT HAPPENED AT THE END, BUT I THINK WE ENDED ON A HIGH I THINK WE ENDED ON A HIGH NOTE.
NOTE.
WE ENGAGED THOUSANDS OF WE ENGAGED THOUSANDS OF VOTERS, WE GOT NEARLY 42% OF VOTERS, WE GOT NEARLY 42% OF THE VOTE, AND GOT TO KNOW AND THE VOTE, AND GOT TO KNOW AND BUILD RELATIONSHIPS AND GIVE A BUILD RELATIONSHIPS AND GIVE A VOICE TO MANY PEOPLE THAT VOICE TO MANY PEOPLE THAT HADN'T BEEN PART OF GOVERNMENT HADN'T BEEN PART OF GOVERNMENT ON THAT LEVEL.
ON THAT LEVEL.
AND I FRANKLY RAN BECAUSE AND I FRANKLY RAN BECAUSE AFTER BEING MAYOR FOR SO MANY AFTER BEING MAYOR FOR SO MANY YEARS, I WANTED TO HELP YEARS, I WANTED TO HELP COMMUNITIES LIKE HOLYOKE THAT COMMUNITIES LIKE HOLYOKE THAT HAD BEEN FORGOTTEN ABOUT BY HAD BEEN FORGOTTEN ABOUT BY OUR FEDERAL GLO.
THERE'S SOME OUR FEDERAL GLO.
THERE'S SOME SERIOUS ISSUES AND CHALLENGES SERIOUS ISSUES AND CHALLENGES FACING YOU BEFORE YOU LEAVE FACING YOU BEFORE YOU LEAVE OFFICE.
OFFICE.
CERTAINLY ONE OF THEM IS THE CERTAINLY ONE OF THEM IS THE COVID-19 PANDEMIC.
COVID-19 PANDEMIC.
AT THIS POINT, HOW HAS THAT AT THIS POINT, HOW HAS THAT IMPACTED THE CITY OF HOLYOKE IMPACTED THE CITY OF HOLYOKE IN TERMS OF PUBLIC HEALTH, IN IN TERMS OF PUBLIC HEALTH, IN TERMS OF ECONOMIC DEVELOPMENT, TERMS OF ECONOMIC DEVELOPMENT, AND WHERE DOES HOLYOKE STAND AND WHERE DOES HOLYOKE STAND NOW AS FAR AS COVID-19 IS NOW AS FAR AS COVID-19 IS CONCERNED AND GETTING YOUR CONCERNED AND GETTING YOUR CITIZENS VACCINATED?
CITIZENS VACCINATED?
>> SO WE'RE ALL HANDS ON DECK.
>> SO WE'RE ALL HANDS ON DECK.
LIKE A LOT OF LOCAL LIKE A LOT OF LOCAL COMMUNITIES, THE ISSUE STEMS COMMUNITIES, THE ISSUE STEMS FROM THE STATE ON DOWN.
FROM THE STATE ON DOWN.
THERE'S A LACK OF SUPPLY, THERE'S A LACK OF SUPPLY, HAPPY TO SEE THE BIDEN HAPPY TO SEE THE BIDEN ADMINISTRATION MOVING QUICKLY ADMINISTRATION MOVING QUICKLY TO SUPPLY STATES WITH HIGHER TO SUPPLY STATES WITH HIGHER SPLICE OF VACCINES.
SPLICE OF VACCINES.
WE'RE DOING THE BEST WE CAN TO WE'RE DOING THE BEST WE CAN TO VACCINATE AS MANY PEOPLE AS VACCINATE AS MANY PEOPLE AS POSSIBLE.
POSSIBLE.
BUT FRANKLY, WE'RE WAITING FOR BUT FRANKLY, WE'RE WAITING FOR GUIDANCE FROM THE GOVERNOR AND GUIDANCE FROM THE GOVERNOR AND THE DEPARTMENT OF PUBLIC THE DEPARTMENT OF PUBLIC HEALTH AS TO WHEN WE CAN HEALTH AS TO WHEN WE CAN VACCINATE OTHER CATEGORIES OF VACCINATE OTHER CATEGORIES OF FOLKS.
FOLKS.
UNFORTUNATELY IT'S BEEN SLOWER UNFORTUNATELY IT'S BEEN SLOWER THAN WE'D LIKE, AND MORE THAN WE'D LIKE, AND MORE RESTRICTIVE THAN WE'D LIKE IN RESTRICTIVE THAN WE'D LIKE IN WESTERN MASSACHUSETTS, WESTERN MASSACHUSETTS, INCLUDING HOLYOKE.
INCLUDING HOLYOKE.
I DON'T THINK IT'S GETTING AS I DON'T THINK IT'S GETTING AS MUCH ATTENTION AS EASTERN MUCH ATTENTION AS EASTERN MASS, AND GRATEFUL FOR FOLKS MASS, AND GRATEFUL FOR FOLKS IN THE STATE DELEGATION FOR IN THE STATE DELEGATION FOR RAISING THEIR VOICE.
RAISING THEIR VOICE.
>> CERTAINLY ONE OF THE MOST >> CERTAINLY ONE OF THE MOST DIFFICULT ISSUES HAS BEEN THE DIFFICULT ISSUES HAS BEEN THE HOLYOKE SOLDIERS HOME AND THE HOLYOKE SOLDIERS HOME AND THE 76 VETERANS WHO LOST THEIR 76 VETERANS WHO LOST THEIR LIVES DUE TO COVID.
LIVES DUE TO COVID.
WE'RE JUST LEARNING GOVERNOR WE'RE JUST LEARNING GOVERNOR BAKER IS GOING AHEAD WITH A BAKER IS GOING AHEAD WITH A BOND BILL NOW TO CONSTRUCT A BOND BILL NOW TO CONSTRUCT A NEW HOLYOKE SOLDIERS HOME, NEW HOLYOKE SOLDIERS HOME, YOUR THOUGHTS ON THAT AND THE YOUR THOUGHTS ON THAT AND THE NEED FOR A NEW HOME?
NEED FOR A NEW HOME?
>> IT'S LONG OVERDUE.
>> IT'S LONG OVERDUE.
IT'S BEEN INVESTED FROM FOR IT'S BEEN INVESTED FROM FOR YEARS, AND REALLY HAPPY TO SEE YEARS, AND REALLY HAPPY TO SEE THAT A PLAN IS ADVANCING TO THAT A PLAN IS ADVANCING TO INVEST IN A NEW FACILITY.
INVEST IN A NEW FACILITY.
THANKFUL TO THE ADVOCATES THAT THANKFUL TO THE ADVOCATES THAT PUSHED TO INCREASE THE NUMBER PUSHED TO INCREASE THE NUMBER OF BEDS FROM THE PRELIMINARY OF BEDS FROM THE PRELIMINARY PLAN THAT THE STATE REDUCED.
PLAN THAT THE STATE REDUCED.
AND I ALSO JUST WANT TO KNOW, AND I ALSO JUST WANT TO KNOW, A BOND BILL IS GREAT, BUT IT'S A BOND BILL IS GREAT, BUT IT'S A BOND BILL.
A BOND BILL.
ONCE YOU GET INTO A BOND BILL ONCE YOU GET INTO A BOND BILL YOU STILL NEED THE YOU STILL NEED THE AUTHORIZATION TO SPEND THAT AUTHORIZATION TO SPEND THAT MONEY.
MONEY.
THERE IS HUNDREDS OF MILLIONS THERE IS HUNDREDS OF MILLIONS OF DOLLARS IN BOND BILLS OVER OF DOLLARS IN BOND BILLS OVER THE LAST DECADE THAT WAS NEVER THE LAST DECADE THAT WAS NEVER ACTUALLY ALLOCATED TO BE ACTUALLY ALLOCATED TO BE SPENT.
SPENT.
SO MY HOPE IS THAT IT STARTS SO MY HOPE IS THAT IT STARTS WITH A BOND BILL AND QUICKLY WITH A BOND BILL AND QUICKLY IS AUTHORIZED BY THE GOVERNOR IS AUTHORIZED BY THE GOVERNOR TO ACTUALLY SPEND THAT MONEY TO ACTUALLY SPEND THAT MONEY AND MAKE A NEW HOME POSSIBLE AND MAKE A NEW HOME POSSIBLE AS SOON AS WE POSSIBLY CAN.
AS SOON AS WE POSSIBLY CAN.
>> AND MAYOR, AS YOU GET SET >> AND MAYOR, AS YOU GET SET TO LEAVE OFFICE AT THE END OF TO LEAVE OFFICE AT THE END OF THE YEAR, ANY FINAL MESSAGE, THE YEAR, ANY FINAL MESSAGE, ANY THOUGHTS FOR THE PEOPLE OF ANY THOUGHTS FOR THE PEOPLE OF HOLYOKE?
HOLYOKE?
>> THROUGH THE UPS AND DOWNS, >> THROUGH THE UPS AND DOWNS, THE CHALLENGES, THE SUCCESSES, THE CHALLENGES, THE SUCCESSES, I JUST AGAIN WANT TO THANK THE I JUST AGAIN WANT TO THANK THE PEOPLE OF HOLYOKE FOR TRUSTING PEOPLE OF HOLYOKE FOR TRUSTING IN ME, FOR ELECTING ME FOUR IN ME, FOR ELECTING ME FOUR TIMES TO BE YOUR MAYOR, AND I TIMES TO BE YOUR MAYOR, AND I LOOK FORWARD TO CONTINUE LOOK FORWARD TO CONTINUE GIVING BACK TO MY COMMUNITY IN GIVING BACK TO MY COMMUNITY IN OTHER WAYS.
OTHER WAYS.
AND WATCHING THIS ELECTION IN AND WATCHING THIS ELECTION IN THE MONTHS TO COME TO -- FOR THE MONTHS TO COME TO -- FOR MY SUCCESSOR.
>> IN DECEMBER, THE FIRST SNOW OF THE SEASON ALLOWED MAPLE OF THE SEASON ALLOWED MAPLE CORNER FARM IN GRANVILLE TO CORNER FARM IN GRANVILLE TO OPEN EARLY FOR CROSS-COUNTRY OPEN EARLY FOR CROSS-COUNTRY SKIING AND SHOWSHOEING.
SKIING AND SHOWSHOEING.
LAST SPRING, THE FARM'S MAPLE LAST SPRING, THE FARM'S MAPLE SUGARING SEASON WAS CUT SHORT SUGARING SEASON WAS CUT SHORT DUE TO THE STATE'S COVID-19 DUE TO THE STATE'S COVID-19 RESTRICTIONS, AND THIS YEAR RESTRICTIONS, AND THIS YEAR VISITORS WILL ENCOUNTER NEW VISITORS WILL ENCOUNTER NEW CHANGES, FROM HOW THEY CHANGES, FROM HOW THEY PURCHASE TICKETS, TO THE PURCHASE TICKETS, TO THE AMOUNT OF PEOPLE ALLOWED IN AMOUNT OF PEOPLE ALLOWED IN THE LODGE AND SOCIAL THE LODGE AND SOCIAL DISTANCING IN THE RENTAL SHOP.
DISTANCING IN THE RENTAL SHOP.
BUT DESPITE THE RESTRICTIONS, BUT DESPITE THE RESTRICTIONS, MANY PEOPLE ARE STILL EAGER TO MANY PEOPLE ARE STILL EAGER TO GET OUTSIDE AND ENJOY THE GET OUTSIDE AND ENJOY THE WINTER RECREATION.
WINTER RECREATION.
PRODUCER DAVE FRASER BRINGS US PRODUCER DAVE FRASER BRINGS US THE STORY.
THE STORY.
>> AN EARLY DECEMBER SNOWSTORM >> AN EARLY DECEMBER SNOWSTORM FOLLOWED BY MILD TEMPERATURES FOLLOWED BY MILD TEMPERATURES HAD PEOPLE OUT ON THE TRAILS HAD PEOPLE OUT ON THE TRAILS AT MAPLE CORNER FARM IN AT MAPLE CORNER FARM IN GRANVILLE.
GRANVILLE.
THIS WORKING FARM HAS BEEN IN THIS WORKING FARM HAS BEEN IN CONTINUOUS OPERATION SINCE CONTINUOUS OPERATION SINCE 1812.
1812.
AND SINCE 1984, DURING THE AND SINCE 1984, DURING THE WINTER MONTHS, THE FARM HAS WINTER MONTHS, THE FARM HAS OFFERED CROSS-COUNTRY SKIING OFFERED CROSS-COUNTRY SKIING AND SNOWSHOEING.
AND SNOWSHOEING.
THIS YEAR WITH COVID THIS YEAR WITH COVID RESTRICTIONS, THEY HAVE HAD TO RESTRICTIONS, THEY HAVE HAD TO MAKE SOME MODIFICATIONS.
MAKE SOME MODIFICATIONS.
>> PUT IN A NEW OUTDOOR TICKET >> PUT IN A NEW OUTDOOR TICKET BOOTH SO WE CAN SELL DIRECTLY BOOTH SO WE CAN SELL DIRECTLY TO FOLKS AND THEY CAN GO TO FOLKS AND THEY CAN GO STRAIGHT FROM THERE TO THE STRAIGHT FROM THERE TO THE TRAILS RATHER THAN COMING INTO TRAILS RATHER THAN COMING INTO THE LODGE.
THE LODGE.
CUT DOWN ON OUR INDOOR CUT DOWN ON OUR INDOOR SEATING, AND PRETTY MUCH ARE SEATING, AND PRETTY MUCH ARE NOT DOING MUCH AS FAR AS FOOD.
NOT DOING MUCH AS FAR AS FOOD.
WE ARE SERVING SOME DRINKS AND WE ARE SERVING SOME DRINKS AND SNACKS, AND ALL THAT.
SNACKS, AND ALL THAT.
FARMERS ARE PRETTY -- WE HAVE FARMERS ARE PRETTY -- WE HAVE TO GO WITH THE TIMES WHETHER TO GO WITH THE TIMES WHETHER WE LIKE IT OR NOT.
WE LIKE IT OR NOT.
WE CURSE AND MOAN SOMETIMES, WE CURSE AND MOAN SOMETIMES, BUT IN THE END WE MOSTLY WIN BUT IN THE END WE MOSTLY WIN OUT IN THE BATTLE OF CHANGES.
OUT IN THE BATTLE OF CHANGES.
BUT THIS YEAR IT'S BEEN A YEAR BUT THIS YEAR IT'S BEEN A YEAR OF CHANGES FROM THE BEGINNING.
OF CHANGES FROM THE BEGINNING.
WE'RE STILL HERE, WE PLAN ON WE'RE STILL HERE, WE PLAN ON BEING HERE, GOOD, BAD TIMES.
BEING HERE, GOOD, BAD TIMES.
>> THE FARM HAS AN "EL COYOTE" >> THE FARM HAS AN "EL COYOTE" INVASION OF ABOUT 1400 FEET.
INVASION OF ABOUT 1400 FEET.
LIKE MOST FARMS STILL IN LIKE MOST FARMS STILL IN BUSINESS TODAY, THEY HAVE BUSINESS TODAY, THEY HAVE LEARNED TO DIVERSIFY.
LEARNED TO DIVERSIFY.
MAPLE SUGARING IS WHAT THEY'RE MAPLE SUGARING IS WHAT THEY'RE BEST KNOWN FOR, BUT THEY ALSO BEST KNOWN FOR, BUT THEY ALSO HAVE PICK YOUR OWN BLUEBERRIES HAVE PICK YOUR OWN BLUEBERRIES IN THE SUMMER AND RUN A SMALL IN THE SUMMER AND RUN A SMALL BEEF OPERATION.
BEEF OPERATION.
BUT ON THIS DAY, IT WAS THE BUT ON THIS DAY, IT WAS THE NEWLY FALLEN SNOW THAT HAD NEWLY FALLEN SNOW THAT HAD BROUGHT PEOPLE OUT.
BROUGHT PEOPLE OUT.
>> WE'RE INSIDE ALL WEEK >> WE'RE INSIDE ALL WEEK WORKING, A LOT OF PEOPLE ARE, WORKING, A LOT OF PEOPLE ARE, WE JUST NEED TO GET OUTSIDE.
WE JUST NEED TO GET OUTSIDE.
WHAT A -- WE WERE GOING TO GO WHAT A -- WE WERE GOING TO GO DOWNHILL SKIING BUT EVERYTHING DOWNHILL SKIING BUT EVERYTHING WAS BOOKED UP.
WAS BOOKED UP.
SO WE DECIDED TO COME OUT SO WE DECIDED TO COME OUT HERE.
HERE.
ABSOLUTELY, BEING OUTSIDE, ABSOLUTELY, BEING OUTSIDE, FRESH AIR, IT'S GOOD FOR YOU, FRESH AIR, IT'S GOOD FOR YOU, GOOD FOR YOUR BRAIN, YOUR GOOD FOR YOUR BRAIN, YOUR BODY, AND HELPS CLEAR YOUR BODY, AND HELPS CLEAR YOUR HEAD.
HEAD.
>> JOHN AND ROSEANNE CAME UP >> JOHN AND ROSEANNE CAME UP AND BROUGHT A PICNIC LUNCH.
AND BROUGHT A PICNIC LUNCH.
>> NORMALLY WE WOULD USE THE >> NORMALLY WE WOULD USE THE LODGE, WE WOULD EAT IN THE LODGE, WE WOULD EAT IN THE LODGE.
LODGE.
BUT BECAUSE OF COVID, WE'RE BUT BECAUSE OF COVID, WE'RE HAVING PICNICS, BASICALLY.
HAVING PICNICS, BASICALLY.
WE LUCKED OUT, WE HAVE A NICE WE LUCKED OUT, WE HAVE A NICE WARM DAY.
WARM DAY.
CROSS-COUNTRY SKIING IS CROSS-COUNTRY SKIING IS PERFECT FOR COVID.
PERFECT FOR COVID.
BECAUSE THE ONLY TIME YOU'RE BECAUSE THE ONLY TIME YOU'RE REALLY NEAR SOMEBODY IS AT A REALLY NEAR SOMEBODY IS AT A JUNCTION OF A TRAIL.
JUNCTION OF A TRAIL.
BUT FOR THE MOST PART YOU'RE A BUT FOR THE MOST PART YOU'RE A GOOD 10 FEET AWAY FROM GOOD 10 FEET AWAY FROM EVERYBODY.
EVERYBODY.
>> MY SON'S HOME FROM >> MY SON'S HOME FROM COLORADO, AND I HAVE A PAIR OF COLORADO, AND I HAVE A PAIR OF CROSS-COUNTRY SKIS I'VE YET TO CROSS-COUNTRY SKIS I'VE YET TO BAPTIZE, SO WE GOOGLED THE BAPTIZE, SO WE GOOGLED THE NEAREST PLACE TO GO NEAREST PLACE TO GO CROSS-COUNTRY SKIING FROM CROSS-COUNTRY SKIING FROM WHERE WE LIVE, AND WE'RE HERE WHERE WE LIVE, AND WE'RE HERE TODAY TO DO IT.
TODAY TO DO IT.
WE'RE READY TO GO!
WE'RE READY TO GO!
>> IT'S A LITTLE LESS HILLY >> IT'S A LITTLE LESS HILLY THAN UP IN COLORADO.
THAN UP IN COLORADO.
BUT I'M JUST KIND OF HOPING TO BUT I'M JUST KIND OF HOPING TO SEE SOME GOOD SCENERY, SOME SEE SOME GOOD SCENERY, SOME MAYBE A GORGEOUS SUNSET, BUT MAYBE A GORGEOUS SUNSET, BUT JUST -- IT'S NICE TO GET OUT JUST -- IT'S NICE TO GET OUT IN THE OUTDOORS AND HAVE A IN THE OUTDOORS AND HAVE A GOOD TIME.
GOOD TIME.
>> THE OWNER SAYS THE PAST FEW >> THE OWNER SAYS THE PAST FEW YEARS OF SNOWFALL HAVE BEEN YEARS OF SNOWFALL HAVE BEEN LACKLUSTER AT BEST.
LACKLUSTER AT BEST.
SO GETTING AN EARLY STORM SO GETTING AN EARLY STORM BRINGS HOPE AND PROMISE FOR A BRINGS HOPE AND PROMISE FOR A GOOD SEASON.
GOOD SEASON.
>> LAST YEAR WE ACTUALLY GOT A >> LAST YEAR WE ACTUALLY GOT A STORM IN DECEMBER, WE GOT TWO STORM IN DECEMBER, WE GOT TWO DAYS, AND OF COURSE IT CAME DAYS, AND OF COURSE IT CAME AND WENT IN ABOUT FOUR.
AND WENT IN ABOUT FOUR.
AND THAT WAS REALLY THE END AND THAT WAS REALLY THE END OF, WE DIDN'T GET ANY HOLIDAY OF, WE DIDN'T GET ANY HOLIDAY SEASON OR MID-JANUARY SKIING SEASON OR MID-JANUARY SKIING UNTIL THE VERY LAST WEEK OF UNTIL THE VERY LAST WEEK OF JANUARY.
JANUARY.
SO HOPEFULLY WE CAN GET THE SO HOPEFULLY WE CAN GET THE REST OPENED UP HERE AND WE'LL REST OPENED UP HERE AND WE'LL GET ROLLING AGAIN.
>> IN JANUARY, SHARES OF STOCK FOR THE VIDEO GAME RETAIL FOR THE VIDEO GAME RETAIL COMPANY GAMESTOP SHOT UP AS COMPANY GAMESTOP SHOT UP AS TRADERS IN AN ONLINE REDDIT TRADERS IN AN ONLINE REDDIT FORUM SOUGHT TO BLOCK AN FORUM SOUGHT TO BLOCK AN ATTEMPT TO SHORT SELL THE ATTEMPT TO SHORT SELL THE STOCK OF THE COMPANY.
STOCK OF THE COMPANY.
THE PRACTICE OF SHORTING A THE PRACTICE OF SHORTING A STOCK BEING A WAY THAT A STOCK BEING A WAY THAT A TRADER CAN PROFIT FROM FALLING TRADER CAN PROFIT FROM FALLING STOCK PRICES.
STOCK PRICES.
THE STORY BECAME A NATIONAL THE STORY BECAME A NATIONAL SENSATION, AND BROUGHT THE SENSATION, AND BROUGHT THE SHORT SELLING OF STOCKS TO SHORT SELLING OF STOCKS TO PROMINENCE.
PROMINENCE.
BUT WHAT EXACTLY IS SHORTING A BUT WHAT EXACTLY IS SHORTING A STOCK, AND HOW DOES IT WORK?
STOCK, AND HOW DOES IT WORK?
MATT FARKAS, THE HEAD OF FIXED MATT FARKAS, THE HEAD OF FIXED INCOME AT ST.GERMAIN INCOME AT ST.GERMAIN INVESTMENTS IN SPRINGFIELD INVESTMENTS IN SPRINGFIELD EXPLAINED THE COMPLEX SUBJECT EXPLAINED THE COMPLEX SUBJECT WHEN HE SPOKE WITH ME WHEN HE SPOKE WITH ME RECENTLY.
RECENTLY.
AND FULL DISCLOSURE, AND FULL DISCLOSURE, ST.GERMAIN IS A SPONSOR OF NEW ST.GERMAIN IS A SPONSOR OF NEW ENGLAND PUBLIC MEDIA.
ENGLAND PUBLIC MEDIA.
>> SHORT SELLING, YOU CAN >> SHORT SELLING, YOU CAN THINK OF IT AS ITS A STOCK -- THINK OF IT AS ITS A STOCK -- BET THAT A STOCK IS GOING TO BET THAT A STOCK IS GOING TO GO DOWN IN PRICE AND IT'S A GO DOWN IN PRICE AND IT'S A WAY FOR AN INVESTOR TO MAKE WAY FOR AN INVESTOR TO MAKE MONEY ON THAT BELIEF.
MONEY ON THAT BELIEF.
SO AN INVESTOR COULD BELIEVE SO AN INVESTOR COULD BELIEVE ABC STOCK IS TRADING AT $10, ABC STOCK IS TRADING AT $10, BUT REALLY THINKS THE TRUE BUT REALLY THINKS THE TRUE FUNDAMENTAL VALUE IS $5.
FUNDAMENTAL VALUE IS $5.
SO WHAT A SHORT SELLER CAN DO SO WHAT A SHORT SELLER CAN DO IS GO TO HIS BROKER, BORROW IS GO TO HIS BROKER, BORROW SHARES, SELL THOSE SHARES, AND SHARES, SELL THOSE SHARES, AND IF -- AT THE CURRENT MARKET IF -- AT THE CURRENT MARKET PRICE OF $10, AND IF THE SHORT PRICE OF $10, AND IF THE SHORT SELLER IS RIGHT, AND THE STOCK SELLER IS RIGHT, AND THE STOCK TRADES DOWN TO $5, THEY WILL TRADES DOWN TO $5, THEY WILL BUY BACK THOSE SHARES TO COVER BUY BACK THOSE SHARES TO COVER THE ESSENTIALLY THE LOAN THEY THE ESSENTIALLY THE LOAN THEY HAVE, AND THEY WILL MAKE THAT HAVE, AND THEY WILL MAKE THAT PROFIT OF $5 A SHARE.
PROFIT OF $5 A SHARE.
SO IF THEY'RE RIGHT AND THE SO IF THEY'RE RIGHT AND THE STOCK PRICE GOES DOWN, THEY STOCK PRICE GOES DOWN, THEY MAKE MONEY.
MAKE MONEY.
BUT IMPORTANTLY, IT'S -- SHORT BUT IMPORTANTLY, IT'S -- SHORT SELLING HAS -- IT'S A RISKY SELLING HAS -- IT'S A RISKY THING TO DO, BECAUSE OF THE THING TO DO, BECAUSE OF THE STOCK DOES NOT GO DOWN AND IT STOCK DOES NOT GO DOWN AND IT GOES UP IN PRICE, YOU START TO GOES UP IN PRICE, YOU START TO LOSE MONEY.
LOSE MONEY.
AND UNLIKE WHEN YOU'RE BUYING AND UNLIKE WHEN YOU'RE BUYING A STOCK, INVESTING A STOCK, A STOCK, INVESTING A STOCK, THE MOST YOU CAN LOSE IS THE THE MOST YOU CAN LOSE IS THE AMOUNT THAT YOU CAN PUT INTO AMOUNT THAT YOU CAN PUT INTO IT.
IT.
BECAUSE THE LOWEST A STOCK CAN BECAUSE THE LOWEST A STOCK CAN GO IS ZERO.
GO IS ZERO.
BUT THERE'S NO UPPER LIMIT TO BUT THERE'S NO UPPER LIMIT TO A STOCK PRICE.
A STOCK PRICE.
AND SO THEORETICALLY YOUR AND SO THEORETICALLY YOUR LOSSES ARE INFINITE.
LOSSES ARE INFINITE.
AND SO SHORT SELLING IS AND SO SHORT SELLING IS CERTAINLY, IT'S NOT SOMETHING CERTAINLY, IT'S NOT SOMETHING I WOULD RECOMMEND FOR THE I WOULD RECOMMEND FOR THE AVERAGE PERSON TO DO ON THEIR AVERAGE PERSON TO DO ON THEIR OWN.
OWN.
IT'S INHERENTLY VERY RISKY, IT'S INHERENTLY VERY RISKY, AND IT INVOLVES A CERTAIN AND IT INVOLVES A CERTAIN AMOUNT OF EXPERTISE AROUND AMOUNT OF EXPERTISE AROUND THAT.
THAT.
>> NOW, THE GAMESTOP STOCK >> NOW, THE GAMESTOP STOCK FRENZY HAS GARNERED A LOT OF FRENZY HAS GARNERED A LOT OF ATTENTION IN THE PAST COUPLE ATTENTION IN THE PAST COUPLE WEEKS, WHERE AMATEUR INVESTORS WEEKS, WHERE AMATEUR INVESTORS ORGANIZED AGAINST SHORT ORGANIZED AGAINST SHORT SELLERS AND CAUSED THEM TO SELLERS AND CAUSED THEM TO HAVE LOSSES BECAUSE THEY HAVE LOSSES BECAUSE THEY INCREASED THE STOCK MARKET INCREASED THE STOCK MARKET VALUE OF COMPANIES.
VALUE OF COMPANIES.
WHY HAS THIS GARNERED SO MUCH WHY HAS THIS GARNERED SO MUCH ATTENTION?
ATTENTION?
>> I THINK IT'S GARNERED A LOT >> I THINK IT'S GARNERED A LOT OF ATTENTION BECAUSE IT'S SUCH OF ATTENTION BECAUSE IT'S SUCH AN INTERESTING STORY.
AN INTERESTING STORY.
A LOT OF WAYS IT'S A MODERN A LOT OF WAYS IT'S A MODERN STORY BECAUSE IT INVOLVES SEAN STORY BECAUSE IT INVOLVES SEAN MAHONEY.
MAHONEY.
SHORT SELLING HAS BEEN AROUND SHORT SELLING HAS BEEN AROUND FOR A LONG TIME, AND THE FOR A LONG TIME, AND THE SITUATION THAT GAMESTOP FOUND SITUATION THAT GAMESTOP FOUND ITSELF IN WAS CALLED -- KNOWN ITSELF IN WAS CALLED -- KNOWN AS A SHORT SQUEEZE, I CAN TALK AS A SHORT SQUEEZE, I CAN TALK ABOUT THAT A LITTLE MORE, BUT ABOUT THAT A LITTLE MORE, BUT SHORT SQUEEZE PHENOMENONS DO SHORT SQUEEZE PHENOMENONS DO HAPPEN, SO IT'S NOT NEW HAPPEN, SO IT'S NOT NEW EITHER.
EITHER.
GAMESTOP SPECIFICALLY IS A GAMESTOP SPECIFICALLY IS A COMPANY THAT SOME HEDGE FUNDS COMPANY THAT SOME HEDGE FUNDS HAD IDENTIFIED AS A STOCK THAT HAD IDENTIFIED AS A STOCK THAT WAS OVERVALUED IN THEIR WAS OVERVALUED IN THEIR BELIEF, AND THEY THOUGHT IT BELIEF, AND THEY THOUGHT IT WAS GOING DOWN, BECAUSE IT'S A WAS GOING DOWN, BECAUSE IT'S A MALL-BASED RETAILER SELLING MALL-BASED RETAILER SELLING VIDEO GAMES, AND BOTH OF THOSE VIDEO GAMES, AND BOTH OF THOSE AREAS ARE I THINK LONG-TERM AREAS ARE I THINK LONG-TERM ARE CHALLENGED.
ARE CHALLENGED.
AND THEY ENDED UP SHORTING THE AND THEY ENDED UP SHORTING THE STOCK IN A VERY AGGRESSIVE STOCK IN A VERY AGGRESSIVE WAY.
WAY.
IT HAPPENED TO BE NOTICED BY A IT HAPPENED TO BE NOTICED BY A GROUP OF INVESTORS, AND THE GROUP OF INVESTORS, AND THE INVESTOR REALLY SPEARHEADING INVESTOR REALLY SPEARHEADING THIS ACTUALLY HAS A LOCAL THIS ACTUALLY HAS A LOCAL CONNECTION, BELIEVE IT OR NOT.
CONNECTION, BELIEVE IT OR NOT.
HE IS A FINANCIAL ADVISOR, HE IS A FINANCIAL ADVISOR, FORMER FINANCIAL ADVISOR FOR A FORMER FINANCIAL ADVISOR FOR A LOCALLY BASED NATIONAL LOCALLY BASED NATIONAL INSURER.
INSURER.
AND THIS GENTLEMAN REALLY LED AND THIS GENTLEMAN REALLY LED THE CHARGE IN INFORMING PEOPLE THE CHARGE IN INFORMING PEOPLE OF THIS MASSIVE SHORT OF THIS MASSIVE SHORT POSITION, AND WAS REALLY POSITION, AND WAS REALLY SUCCESSFUL IN USING SEAN SUCCESSFUL IN USING SEAN MAHONEY TO GET HIS OPINION OUT MAHONEY TO GET HIS OPINION OUT THERE AND GET PEOPLE BEHIND THERE AND GET PEOPLE BEHIND HIS OPINION.
HIS OPINION.
AND REALLY INVESTING IN AND REALLY INVESTING IN GAMESTOP IN A MASSIVE WAY, GAMESTOP IN A MASSIVE WAY, WHICH CAUSED THIS SHORT WHICH CAUSED THIS SHORT SQUEEZE, BECAUSE MORE SQUEEZE, BECAUSE MORE INVESTORS BOUGHT GAMESTOP, IT INVESTORS BOUGHT GAMESTOP, IT PUSHED THE PRICE UP.
PUSHED THE PRICE UP.
VOLKSWAGEN ACTUALLY WENT VOLKSWAGEN ACTUALLY WENT THROUGH THIS SCENARIO I THINK THROUGH THIS SCENARIO I THINK IN 2011, SO ABOUT A DECADE OR IN 2011, SO ABOUT A DECADE OR SO AGO.
SO AGO.
SIMILAR TYPE OF SITUATION, SIMILAR TYPE OF SITUATION, WHERE THERE WERE INVESTORS WHERE THERE WERE INVESTORS THAT WERE REALLY SHORT THE THAT WERE REALLY SHORT THE STOCK, IT WAS NOTICED, AND THE STOCK, IT WAS NOTICED, AND THE INVESTORS STARTED TO BUY THE INVESTORS STARTED TO BUY THE STOCK IN A BIG WAY, CAUSING STOCK IN A BIG WAY, CAUSING THE SHORT SQUEEZE.
THE SHORT SQUEEZE.
SHORT SQUEEZES TEND TO BE SHORT SQUEEZES TEND TO BE RATHER SHORT PHENOMENON, AS RATHER SHORT PHENOMENON, AS WE'RE SEEING WITH GAMESTOP.
WE'RE SEEING WITH GAMESTOP.
WE'RE A FEW WEEKS INTO THIS WE'RE A FEW WEEKS INTO THIS AND THE STOCK PRICES COME DOWN AND THE STOCK PRICES COME DOWN DRAMATICALLY FROM A TIE DRAMATICALLY FROM A TIE POINTS.
POINTS.
AND -- FROM ITS HIGH POINTS.
AND -- FROM ITS HIGH POINTS.
THESE THINGS HAVE A WAY OF THESE THINGS HAVE A WAY OF BURNING OUT.
BURNING OUT.
>> ARE THERE ANY ETHICAL >> ARE THERE ANY ETHICAL IMPLICATIONS IN ATTEMPTING TO IMPLICATIONS IN ATTEMPTING TO PROFIT OFF OF SOMEBODY'S PROFIT OFF OF SOMEBODY'S FAILURE?
FAILURE?
>> SHORTING IS A CRITICAL PART >> SHORTING IS A CRITICAL PART TO THE MARKET.
TO THE MARKET.
THERE ARE DEFINITELY ACADEMIC THERE ARE DEFINITELY ACADEMIC STUDIES THAT POINT TO MARKETS STUDIES THAT POINT TO MARKETS THAT HAVE PARTICIPANTS THAT THAT HAVE PARTICIPANTS THAT ARE BETTING ON IT GOING UP IN ARE BETTING ON IT GOING UP IN PRICE AS WELL AS DOWN IN PRICE AS WELL AS DOWN IN PRICE.
PRICE.
IMPROVES MARKETS.
IMPROVES MARKETS.
THERE'S MORE INVESTORS AS PART THERE'S MORE INVESTORS AS PART OF THIS, SO THERE'S BETTERLY OF THIS, SO THERE'S BETTERLY KID AT THE.
KID AT THE.
WHILE I CAN CERTAINLY WHILE I CAN CERTAINLY UNDERSTAND PEOPLE VIEWING IT UNDERSTAND PEOPLE VIEWING IT AS PROBLEMATIC OR MAYBE EVEN AS PROBLEMATIC OR MAYBE EVEN ENAMERICAN OR SOMETHING LIKE ENAMERICAN OR SOMETHING LIKE THAT, I UNDERSTAND THOSE THAT, I UNDERSTAND THOSE VIEWPOINTS, BUT AGAIN, THEY VIEWPOINTS, BUT AGAIN, THEY ARE CRITICAL MARKET ARE CRITICAL MARKET PARTICIPANTS AND ACTUALLY DO PARTICIPANTS AND ACTUALLY DO IMPROVE MARKETS.
IMPROVE MARKETS.
>> FOR PEOPLE WHO HAVE TAKEN >> FOR PEOPLE WHO HAVE TAKEN UP AN INTEREST IN THE STOCK UP AN INTEREST IN THE STOCK MARKET, ESPECIALLY AFTER MARKET, ESPECIALLY AFTER RECENT EVENTS, WHAT WOULD YOU RECENT EVENTS, WHAT WOULD YOU TELL THEM TO BE AWARE OF?
TELL THEM TO BE AWARE OF?
>> I WOULD NOT CALL THIS >> I WOULD NOT CALL THIS INVESTING.
INVESTING.
I WOULD CALL THIS MORE AKIN TO I WOULD CALL THIS MORE AKIN TO SPECULATION.
SPECULATION.
SPECULATION MAY, YOU KNOW, SPECULATION MAY, YOU KNOW, THERE'S NOTHING INHERENTLY THERE'S NOTHING INHERENTLY WRONG WITH SPECULATING.
WRONG WITH SPECULATING.
IT'S PART OF THE MARKETPLACE.
IT'S PART OF THE MARKETPLACE.
AND IF DONE RIGHT, IT CAN BE AND IF DONE RIGHT, IT CAN BE EFFECTIVE.
EFFECTIVE.
BUT SPECULATION SHOULD BE DONE BUT SPECULATION SHOULD BE DONE ON A VERY LIMITED BASIS.
ON A VERY LIMITED BASIS.
YOU CERTAINLY DON'T WANT TO YOU CERTAINLY DON'T WANT TO HANDLE YOUR 401(K) OR YOUR HANDLE YOUR 401(K) OR YOUR RETIREMENT FUNDS AS POKER RETIREMENT FUNDS AS POKER CHIPS.
CHIPS.
IT'S REALLY IMPORTANT TO IF IT'S REALLY IMPORTANT TO IF YOU'RE GOING TO BE YOU'RE GOING TO BE PARTICIPATING IN ANY TYPE OF PARTICIPATING IN ANY TYPE OF SPECULATION, YOU DO IT IN A SPECULATION, YOU DO IT IN A WAY THAT'S VERY LIMITED, IN A WAY THAT'S VERY LIMITED, IN A WAY THAT IF YOU DO LOSE WAY THAT IF YOU DO LOSE DRAMATICALLY, IT'S NOT GOING DRAMATICALLY, IT'S NOT GOING TO THROW OFF YOUR LONG-TERM TO THROW OFF YOUR LONG-TERM FINANCIAL GOALS.
>> THAT DOES IT FOR "CONNECTING POINT" FOR "CONNECTING POINT" FOR FEBRUARY 19th, 2021.
FEBRUARY 19th, 2021.
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NEPM.ORG/CONNECTINGPOINT.
AND PLEASE JOIN US AGAIN NEXT AND PLEASE JOIN US AGAIN NEXT FRIDAY NIGHT AT 6:00 RIGHT FRIDAY NIGHT AT 6:00 RIGHT HERE ON NEW ENGLAND PUBLIC HERE ON NEW ENGLAND PUBLIC MEDIA FOR MORE STORIES OF THE MEDIA FOR MORE STORIES OF THE PEOPLE, PLACES, AND IDEAS THAT PEOPLE, PLACES, AND IDEAS THAT MATTER MOST TO WESTERN NEW MATTER MOST TO WESTERN NEW ENGLAND.
ENGLAND.
I'M ZYDALIS BAUER.
I'M ZYDALIS BAUER.
BE SAFE, AND HAVE A GOOD BE SAFE, AND HAVE A GOOD NIGHT.
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