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Flu season is coming up! Many people every year, sometimes over 100,000, and despite the Vaccine, die from the Flu. Are we going to close down our Country? No, we have learned to live with it, just like we are learning to live with Covid, in most populations far less lethal!!!— Donald J. Trump (@realDonaldTrump) October 6, 2020 337
Financial fallout from the pandemic is hitting millennials hard — and many will soon turn to their parents for help, if they haven’t already.Before parents ride to the rescue, financial planners urge them to map out a strategy that doesn’t just plug a short-term need but also makes sense in the long run.“Often the heartstrings will get pulled — ‘I really have to help them!’— but it can be detrimental to the parent,” says certified financial planner Jeffrey L. Corliss of Westport, Connecticut.(Of course, financial aid can flow the other way, as many millennials help support their parents. I’m addressing parents here, but most of the advice applies to kids helping their folks as well.)Millennials losing jobs, incomeEven before the pandemic, millennials had lower median incomes, far more debt and a much smaller slice of the nation’s wealth than boomers had at the same age. Millennials — usually defined as those ages 24 to 39 — are more likely than older generations to have lost jobs or household income because of the pandemic, various surveys show.“I’ve already seen clients coming in, worried about their kids,” says CFP Deborah Badillo of Miami. “‘They’re going to lose the house! What can I do to help them?’”Have them explore alternativesEncourage your kids to take full advantage of available financial help before extending yours, Badillo says. They may not know, for example, that unemployment benefits have been dramatically expanded because of the pandemic. Weekly payments are higher and are available to people who normally wouldn’t qualify, including gig workers, the self-employed and people whose hours have been reduced.In addition, there are many more options for people struggling to pay debt. Most mortgages qualify for forbearance programs that allow homeowners to skip payments for up to a year. Hardship programs have been added or expanded by credit card companies and other lenders. Federal student loan payments have been paused until Sept. 30, and income-driven programs can reduce payment amounts after that.Another option is a coronavirus hardship withdrawal, which allows people to tap their IRAs and 401(k)s without penalty if they were physically or financially affected by COVID-19. The withdrawals are taxable, but if the money is paid back within three years those taxes are refundable. Raiding retirement funds isn’t ideal, of course, but your kids have many more years to replenish their retirement savings than you do.Assess your own situationWhile your kids are filing for unemployment and calling their lenders, take a moment to assess your own finances. Where will the cash for your kids come from? It’s one thing to give away money you’ve been saving for a vacation, since you’re unlikely to travel soon anyway. It’s quite another to undermine your own ability to retire or handle a layoff or other setback.Some parents make a conscious decision to operate with a smaller cushion, or to delay their retirements, to help their children, says CFP Lazetta Rainey Braxton in New York. Just keep in mind that you may not get to decide when you retire. Many workers retire earlier than expected, often because of a health problem or job loss. Helping your children now could mean you have to lean on them later, Braxton says. If you’re not sure how this financial aid will impact your future finances, a consultation with a fee-only financial advisor could bring you some clarity.Set some boundariesFinancial planners typically recommend deciding how much to give, and then setting clear boundaries about when the financial help will end. That’s tricky now, of course, because no one knows how long the current economic crisis will last.But parents can still set expectations in other ways, financial planners say. If the child didn’t have an emergency fund, for example, parents can discuss the importance of saving money out of every future paycheck, so the child won’t have to rely on family help again, Braxton says.“Some parents will just put on a Band-Aid and give them money, but they really haven’t helped in terms of their financial capacity,” Braxton says.If an adult child is moving back home, Corliss suggests a written contract outlining chores and responsibilities, such as how soon they’ll be expected to move out after finding a job. A similar end date can be set for any cash the parents hand out. Corliss says the message should be clear: “We expect you to get on your feet as soon as you can.”This article was written by NerdWallet and was originally published by The Associated Press.More From NerdWalletMortgage Relief Programs for Homeowners Hit by the Coronavirus CrisisWhat Is a Credit Card Hardship Program?Cashing Out a 401(k) Due to COVID-19? Consider These Things FirstLiz Weston is a writer at NerdWallet. Email: lweston@nerdwallet.com. Twitter: @lizweston. 4841
FORT LAUDERDALE, Fla. (AP) — Richard DeLisi is a free man after serving 31 years of a 90-year sentence for selling marijuana. The 71-year-old walked out of a Florida prison Tuesday saying he's not bitter about the lost years and prefers to focus on creating memories with his family. According to The Last Prisoner Project, DeLisi was believed to have been the longest-serving nonviolent cannabis prisoner.He was sentenced to 90 years in 1989 at the age of 40. DeLisi's older brother, Ted, was also convicted, USA Today reported.According to the Associated Press, the typical sentence was only 12 to 17 years.DeLisi told the AP that he believes he was targeted because the judge mistakenly thought he was part of organized crime because he was Italian. According to USA Today, Ted was released from prison in 2013 after successfully appealing his conspiracy conviction.While he was in prison, Richard's wife, parents, and 23-year-old son all died. On Tuesday, he met two granddaughters for the first time and ate at his favorite crab restaurant. 1053
FREDERICK, Colo. — Newly released court documents in the Chris Watts case obtained by KMGH suggest his two young daughters may have been strangled.The suggestion came in a motion filed by defense attorneys in Weld County court to compel the coroner to take DNA from the necks and throats of the remains of 4-year-old Bella and 3-year-old Celeste Watts, whose bodies were found inside oil and gas tanks Thursday. The court document also said the bodies were submerged in crude oil for four days.The bodies of the two young girls were found in close proximity to the other body positively identified as Shanann Watts, the girls’ mother.In the motion filed Friday, DNA expert Richard Eikelenboom concludes that DNA evidence “would remain on the necks of the decedent children,” after they were submerged in the oil. Eikelenboom is quoted in the motion as saying he believes the oil would not eliminate DNA and said samples can be obtained "after strangulation."The motion also asks that DNA samples be taken from the hands and nails of the body of the girls' mother.Eikelenboom writes:“This DNA can be retrieved with a double swab technique. DNA scientists are familiar with this technique and an experienced person should take this samples. In my opinion the presence of oil will not destroy the DNA. The hands wand nails of the mother should be sampled as well. After samples are taken the nails should be cut preserved. I have a lot experience taking samples from dead bodies getting good results after strangulation. The hands of the children should be sampled as well.”Eikelenboom is a forensic scientist who has claimed to be a DNA expert in trials in Colorado and across the United States, but was discredited two years ago in a 2013 sex assault case in Denver District Court.“I would be shocked if the defense tried to use him front of a jury after he has been discredited as an expert witness,” said former Denver District Attorney Mitch Morrissey, who led the charge against Eikelenboom.The motion was dismissed by the judge.On Friday, the coroner's office announced they have positively identified the victims of the Frederick case as Shanann Watts and her two daughters. The manner and cause of death of all three bodies are pending further laboratory results and will not be released at this time.Chris Watts remains in the Weld County Jail on suspicion of murder his family. He was taken to jail at 11:30 p.m. Wednesday after he was detained for questioning. Two law enforcement sources told KMGH Watts had confessed to killing his wife and daughters. He faces investigation on one count of first-degree murder after deliberation; two counts of first-degree murder – position of trust; and three counts of tampering with a deceased human body.All three were reported missing Monday around 2 p.m. after Shanann did not arrive to a scheduled meeting. In addition to having two daughters, Shanann was also 15 weeks pregnant. The FBI and CBI were brought in to help Frederick police in the investigation.Weld County prosecutors said they believe Shanann and the girls were killed inside of the family’s home but did not say why they believe that. 3241
Former Trump foreign policy adviser Carter Page told the House intelligence committee last week that he floated the idea of then-candidate Donald Trump taking a trip to Russia in May 2016, according to transcript of his interview."The idea there was bearing in mind Barack Obama's speech as a candidate in Germany 2008. That was what I was envisioning," Page told lawmakers in more than six hours of closed-door testimony Thursday.Page raised the idea of an Obama-like foreign speech for Trump in Russia with JD Gordon, who was running the foreign policy adviser team, and another adviser, Walid Phares.In his email to the two advisers in May 2016, Page wrote about Trump: "If he'd like to take my place (on a trip to Russia) and raise the temperature a little bit, of course I'd be more than happy to yield this honor to him."Page appeared last week before the House intelligence committee under an unusual arrangement that he requested. The interview was conducted in the committee's secure spaces, but the transcript was made available publicly Monday night.In another atypical move, Page did not bring an attorney to his interview. Lawmakers have described his testimony as meandering, at-times confusing and contradictory.George Papadopoulos, who became an informant to federal prosecutors and pleaded guilty to lying to investigators last week, separately pursued arranging a trip for Trump during the campaign. Page testified that he wasn't aware of Papadopoulos' intended plans.Page told the committee that he had mentioned to then-Sen. Jeff Sessions -- now Trump's attorney general -- about his coming July 2016 trip to Russia, CNN reported last week."I mentioned it briefly to Senator Session as I was walking out the door... it was in the context of saying, because I have -- I'm traveling. You know, it's like discussing your travel schedule... He had no reaction whatsoever," Page told the committee. "It was just an administrative point... And no discussion of substance in any way, shape or form, that's for sure. And, again, it was sort of in one ear and out the other."But Page also testified that he had told Gordon, Hope Hicks and Corey Lewandowski about the invitation to go to Moscow. Lewandowski said he should go if he wanted to, given it was not affiliated with the campaign. "If you'd like to go on your own, not affiliated with the campaign, you know, that's fine," Page recalled during the interview.Page has described the trip as not campaign related, and while he was there he briefly met Russian Deputy Prime Minister Arkady Dvorkovich.Page also said he had "recently been in contact" with Justice Department special counsel Robert Mueller, deputy attorney general Rod Rosenstein and other senior Justice officials regarding the "multiple outstanding requests" he made to get more info about FISA warrants reportedly used against him by the Obama administration.Rep. Adam Schiff of California, the top Democrat on the committee, said in a statement that Page was "forced to acknowledge that he communicated with high level Russian officials while in Moscow, including one of Russia's deputy prime ministers," Schiff said."Perhaps most important, Page -- after being presented with an email he sent to his campaign supervisors, and which he did not disclose to the Committee prior to the interview and despite a subpoena from the Committee -- detailed his meetings with Russian government officials and others, and said that they provided him with insights and outreach that he was interested in sharing with the campaign," Schiff added.Page's disclosure that he met with Dvorkovich differed from his description he gave to CNN's Jake Tapper last week, in which he said he had only met with academics and a few business people whom he had "known for over a decade," though he had acknowledged the meeting earlier this year.In addition, Page said he was interviewed by the FBI four or five times in 2017. Previously, he had said those interviews happened in March.Page denied any collusion during the interview, saying he "played no role in any government active measures in the 2016 election other than being a target of the Obama administration's efforts to support Mrs. Clinton's campaign."The only discussion he could recall where WikiLeaks came up, he said, was during a TV interview with RT in London on October 24. The host and staffed mentioned "in passing" that it "might be potentially interesting."Schiff's statement noted that Page also took trips to Budapest, Hungary, in September 2016, and again to Moscow in December 2016.Page was also interviewed last month by the Senate intelligence committee as part of its probe into Russian election meddling, but that transcript is not being made public.Page traveled to Moscow for a few days in early July 2016, where he gave a lecture critical of US foreign policy. He has said that the topic of sanctions might have come up in his conversations but that he was not there as an emissary of the Trump campaign.After the trip, the FBI grew concerned that he had been compromised by Russian operatives, US officials previously told CNN. 5147