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Mind The Business: Small Business Success Stories


1 Understanding Taxes as a Newly Formed Small Business - Part 2 of the Small Business Starter Kit 28:24
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In our second installment of the Small Business Starter Kit series - we’re tackling a topic that’s sometimes tricky, sometimes confusing, but ever-present: taxes. Hosts Austin and Jannese have an insightful conversation with entrepreneur Isabella Rosal who started 7th Sky Ventures , an exporter and distributor of craft spirits, beer, and wine. Having lived and worked in two different countries and started a company in a heavily-regulated field, Isabella is no stranger to navigating the paperwork-laden and jargon-infused maze of properly understanding taxes for a newly formed small business. Join us as she shares her story and provides valuable insight into how to tackle your business’ taxes - so they don’t tackle you. Learn more about how QuickBooks can help you grow your business: QuickBooks.com See omnystudio.com/listener for privacy information.…
From the Stands
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Content provided by North by Northwestern. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by North by Northwestern or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Welcome to From the Stands, a podcast where we dive deep into the world of soccer, and not just what happens on the pitch.
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31 episodes
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Content provided by North by Northwestern. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by North by Northwestern or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Welcome to From the Stands, a podcast where we dive deep into the world of soccer, and not just what happens on the pitch.
…
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31 episodes
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From the Stands

Language and culture have always come together in major soccer tournaments. Join host Mariana Bermudez as she discusses the impact Spanish broadcast, specifically, has had in recent soccer tournaments, breaking records and succeeding in ways never seen before. Cover art by Jessica Chen Follow North by Northwestern: Instagram - @northbynorthwestern X - @nbn_tweets Tik Tok - @northbynorthwestern…
Episode Notes Welcome to From the Stands, a podcast where we dive deep into the world of soccer, and not just what happens on the pitch. Join host Mariana Bermudez as she introduces her first ever podcast and narrates the role the sport has played in her life. Cover art by Jessica Chen Follow North by Northwestern: Instagram – @northbynorthwestern X – @nbn_tweets Tik Tok – @northbynorthwestern This podcast is powered by Pinecast .…
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From the Stands

1 Politics for Dummies Ep 2: So Wait, Am I Getting Money Or Not? 6:54
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Episode Notes Note: Since the filming of this podcast, the stimulus package has been passed by the Senate, and now is going back to the House of Representatives for final approval. [00:00] [Intro Music] [00:11] Jimmy: Hello! Welcome back to NBN politics. For those of you that don’t want to scroll through 1,000 Google pages on the latest political news, we’re here to give you the Sparknotes version. [00:25] I’m Jimmy. [00:26] Ali: And I’m Ali. [00:27] Jimmy: And we’re your co-hosts. This week we are diving into the third, and most recent stimulus package! Will we be getting the stimulus checks everyone’s been talking about? [00:35] Ali: The House just passed a $1.9 trillion stimulus package called the American Rescue Plan to help families that are struggling because of COVID-19. [00:45] The bill includes a child tax credit, which basically means families could receive over $3,000 from the IRS per child. [00:50] It also includes housing assistance, where $30 billion is being invested in helping people pay their rent, and another $5 billion to prevent COVID outbreaks in homeless communities. But, it doesn’t extend the national eviction moratorium, which temporarily stopped landlords from evicting tenants during the pandemic. [01:08] The bill includes a third stimulus payment for $1,400, and this time adult dependents can get one too. College students? You get money! People with disabilities who are dependents? You get money! Elderly dependents? You too get money! [01:24] But, it's not as much money as Biden promised. On the campaign trail, Biden was promising $2,000 dollar stimulus checks. [01:30] In unveiling the plan, Biden said, “We will finish the job of getting a total of $2,000 in cash relief to people who need it the most.” Some argue that the $1,400 is a supplement to the $600 payments given out in January, but some congressional democrats like Alexandria Ocasio-Cortez and Cory Booker are calling Biden out on Twitter for not actually holding up his promises. [01:55] The American Rescue plan also includes unemployment insurance, so unemployed people get $400 a week. And, it extends key unemployment programs until August 29. It includes $20 billion for a COVID vaccine program, and $50 billion for testing. [02:09] Basically, you’re getting money. But, the amount of money you’re getting may vary based on your income. The good thing is, there’s a bunch of calculators and things online to help you find out how much you might be getting. It’s just a Google search away. [02:20] Now the question is: when is the bill going to be enacted? What happens next? What exactly is the process for enacting a bill like this? [2:27] Jimmy: The bill first went to the House of Representatives, where it passed by 219-212 votes. All Republicans, along with two Democrats, voted against the bill. [02:38] The Democrats also tried to include a minimum wage bill in the stimulus package. If this bill was passed, it would increase the minimum wage from $7.25 an hour to $15 an hour, which is more than double the current minimum wage. [02:52] Now, including the bill in the stimulus package would make it much easier to pass because it would only require a simple majority of votes, which is 50 or more senators of the 100 person Senate. The process that is usually required for passing legislation would’ve required 60 votes instead. [03:08] However, this minimum wage bill was struck down before it could be voted on in the Senate. The Senate parliamentarian, whose job is to help interpret the rules and precedents in the Senate, ruled that the bill could not be included in the stimulus package because it does not have a big enough impact on the budget. [03:23] Lawmakers will start the process of amending, or making changes to, the stimulus bill. They will debate about bill details before the bill moves to the Senate for a vote. [03:32] Now a key date in mind is March 14 because that’s the day federal unemployment benefits end, and if no bill is passed by then, millions of Americans will be left without aid. [03:42] But, how have both sides reacted to the bill, Ali? [03:45] Ali: Well, it’s like you said Jimmy, no Republicans voted on passing this bill. But some Republicans have a bigger problem with the American Rescue Plan than others. [03:54] There’s one part of the bill we haven’t mentioned yet, and that’s the $350 billion that are going directly to states. This money is supposed to make up for the lack of tax revenue, so each state is getting aid in proportion to their unemployment rates. States with more unemployment, where more people were out of work because more businesses closed down, get more funding from the federal government. [04:13] In a statement released just as The American Rescue Plan was being passed in the House, 21 Republican governors and one Democrat governor said that this is a biased allocation of funds that punishes states that didn’t fully shut down. [04:27] The statement said, "A state’s ability to keep businesses open and people employed should not be a penalizing factor when distributing funds. If Congress is going to provide aid to states, it should be on an equitable population basis.” [04:40] House Republicans have said that this funding formula prioritizes states run by Democrats. 33 states will receive less funding through the unemployment model than they would through population based funding, and the majority of these states are run by Republican governors. [04:55] But this bill isn’t completely partisan. 32 Republican mayors have openly supported the American Rescue Plan. This aid would go directly towards paying firefighters and police officers who suffered from budget cuts, keeping public facilities like libraries open, and reopening public schools. [05:11] Now, this bill could not come at a better time. As we move into March, almost hitting a year of quarantine and the pandemic shutdown, families are now more than ever in need of financial assistance, especially in Texas. Tell us about Texas, Jimmy! [05:26] Jimmy: Well Ali, starting the week of February 15th, millions of Texans were left without power and water after snowstorms and cold temperatures caused the state’s power grids to fail. [05:35] This was Texas’s worst power outage in a decade. Over 4 million customers were without power. Many households had to melt snow just to have drinking water and so they could flush their toilets. [05:46] Even worse, some residents saw their monthly electric bills jump up from a few hundred dollars at most to thousands. This is because Texas has a deregulated power system. [05:56] This means companies get to choose how to charge their customers. Some companies charge a flat rate for power, while others vary their prices based on supply and demand. As a result, prices spiked unbelievably following the statewide power outages. In fact, one power company, Griddy Energy, is even facing a class action lawsuit for gouging its prices. [06:17] Not only will stimulus checks from the stimulus bill help those struggling in Texas, but according to TIME , the Biden administration has signaled that after the stimulus bill, the administration is planning to push a stimulus package that would put people to work rebuilding infrastructure. Ali: [06:32] This is the third stimulus package in a year of COVID-19. For more dummy politics, and to not be clueless about that random check you got in the mail, tune into Politics for Dummies. [6:42] Ali Bianco and Jimmy He, reporting for NBN. [06:46] [Outro Music] This podcast is powered by Pinecast .…
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From the Stands

1 Politics for Dummies Ep 1: What is Impeachment Anyways? 5:51
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Episode Notes [00:00] [Intro Music] [00:09] Jimmy: Hello! Welcome back to NBN Politics. This year we’re changing it up and giving you only the essentials. For those of you that don’t want to scroll through 1,000 Google pages on the latest political news, we’re here to give you the SparkNotes version. [00:25] I’m Jimmy. [00:27] Ali: And I’m Ali. [00:28] Jimmy: And we’re your co-hosts. This week we are tackling the SECOND impeachment of Donald Trump. Yep, there’s two. So what exactly is impeachment? [00:36] Ali: Well, impeachment in the constitution is actually really simple. If the president commits a high crime or misdemeanor, then the House has a huge vote to impeach, and then the Senate does a trial. [00:45] Now, the House only has power of impeachment. That means everyone in the House of Representatives votes on the Articles of Impeachment, and the trial gets passed onto the Senate, which can convict the president. [00:57] Impeachment has been used really rarely in the past and no president has ever been removed from office. But a lot of lawmakers are arguing that during the Trump administration, the process of impeachment has become a political strategy. [01:09] The tricky part of impeachment is the “high crime or misdemeanor.” So it’s on the burden of the Senate to prove whether or not a high crime or misdemeanor was actually committed by the president. [01:18] Now, the big question is, didn’t Trump already get impeached? [1:21] Jimmy: Well yes Ali, Trump already got impeached for a first time on December 18, 2019. The issue concerning the first impeachment started once a whistleblower accused Trump of withholding aid to Ukraine in order to pressure the Ukranian leader to investigate Joe Biden and his son Hunter. Trump was trying to get an advantage in his reelection, and further evidence included a phone call of Trump requesting the investigation. [01:45] Now, the House of Representatives voted on two Articles of Impeachment: Abuse of Power and Obstruction of Congress. And since at this time, the House was predominantly Democrats, both articles passed. The Abuse of Power article passed with a 230-197 vote while the Obstruction of Congress article passed with a 229-198 vote. Thus, Trump was impeached, making him the third president in history to get impeached. [02:09] Now, once the articles moved onto the Republican controlled Senate neither of them were able to be passed. You need a two thirds majority in order to convict and that capacity was not reached. The Abuse of Power article failed to pass by a 48-52 vote while the Obstruction of Congress article failed to pass by a 47-53 vote. [02:26] But now Donald Trump is on trial again. What does this mean? What's he on trial for? Can he even be impeached or convicted if he’s not president anymore? [2:34] Ali: Well, these are all good questions. Trump is accused of treason for inciting violence against the federal government. This is all in reference to the riots that occured on January 6. After the presidential election, many Trump supporters didn’t believe the election results. They agreed to a mass protest at the capital and ended up turning violent. [02:55] Now, this became a huge issue of contention between the Democrats and the Republicans, with the Democrats saying that the denial of the results by Trump, him pressuring the Georgia Secretary of State to "find" additional votes and encouraging protesters, endangered the security of the government. [03:08] Thus, the Article of Impeachment that was introduced was based on Incitement of Insurrection. Now the exact Article of Impeachment reads, quote, “He reiterated false claims that we won this election and we won it by a landslide. He also willfully made statements that, in context, encouraged and foreseeably resulted in lawless action at the capital such as ‘If you don’t fight like hell, you’re not going to have a country anymore.’” [03:33] Now, the Senate has the power to convict Trump, which means he would be removed from office. However, this is not normal circumstances. Trump isn’t actually a sitting president. Many Republican senators are arguing that this trial was unconstitutional because Trump is a former president. This was a huge voter for Republicans because it meant they didn’t have to cast an opinion on Trump’s conduct due to the January 6 riots. [03:57] So, what exactly were the results? What happens next? [3:57] Jimmy: Now this time around, the House and the Senate were both controlled by Democrats. The Article of Impeachment passed in the House by a 232 yes vote to a 197 no vote and four abstains. [04:09] Once the article moved into the Senate, even though Democrats controlled the Senate they did not reach the two thirds capacity in order to convict. There were 57 yes votes and 43 no votes with 50 Democrats all voting yes and seven Republicans switching to a yes vote. [04:24] Now, because Trump was not convicted, he still has the ability to run for office in 2024. He gets to keep his pension, his secret service detail for life and up to $1.5 million in travel expenses a year. [04:36] However, Trump may still face legal challenges once out of the White House. According to the Justice Department, a sitting president cannot be indicted. But now that he’s out of office, Trump can now be prosecuted. [04:47] There is investigation into possible insurance and financial fraud. New York is investigating Trump’s business in the state and we still have yet to receive Trump’s tax returns. Furthermore, prosecutors in Georgia opened a criminal investigation into the phone call Trump made to the Secretary of State to “find more votes.” [05:04] Some lawmakers suggested censure, which is a formal statement of disapproval, but Speaker of the House Nancy Pelosi was not on board and thought that it would be just a slap on the wrist and not harsh enough. [05:14] Now, Trump is not happy with the impeachment at all, especially with Mitch McConnell, who despite voting not guilty, said directly after that Trump is, quote, “practically and morally” responsible for the insurrection. Trump said in a statement released by his Political Action Committee that, quote, “Mitch is a dour, sullen, and unsmiling political hack, and if Republican Senators are going to stay with him, they will not win again.” According to Politico , an earlier draft even mocked Mcconnell for having too many chins. Ali: [05:42] This impeachment marks the end of four years of Trump in office, but without a conviction, there’s no telling what will happen in 2024. Tune in next week to learn more dummy politics and not be clueless at the dinner table. [5:54] Ali Bianco and Jimmy He, reporting for NBN. [05:57] [Outro Music] This podcast is powered by Pinecast .…
Episode Notes Coronavirus Updates The WHO has now reported that more than 90,000 people have been infected by the COVID-19 virus, with the global death toll rising above 3,000. Cases have spread in recent days to Oman, India, Qatar, France, and Iran, where 77 people have died from the virus. After the first death was recorded in the U.S. in Washington state earlier this week, state officials have now confirmed six deaths , and the virus has spread to at least fifteen states. Federal employees who visited infected patients in California did not follow proper safety procedures, one whistleblower reports , as they took commercial flights and were not tested after leaving the quarantine sites. The CDC encountered problems developing diagnostic testing for the virus, and President Trump is facing backlash for appointing Mike Pence chief of a new coronavirus task force. U.S.-Taliban Negotiations The U.S. government signed a deal with the Taliban in Doha, Qatar this week to withdraw all U.S. and NATO troops from Afghanistan within 14 months, conditional upon the Taliban not allowing terrorist groups such as al Qaeda to operate under its control. The U.S. currently has around 12,000 troops in the country and will incrementally draw that count down over the next year. The Taliban also agreed to a prisoner exchange with the Afghan government, releasing Afghan security personnel while receiving Taliban government prisoners, but the Afghan president has rejected that exchange. Talks between the Taliban and the Afghan government are expected to begin this week. Weinstein Verdict Harvey Weinstein was convicted of criminal sexual assault and rape in the third degree, with an expected sentencing of five to twenty-nine years. He was acquitted of three other charges, but after five days of deliberation at the New York Supreme Court, the jurors rendered their verdict . A dozen victims of Weinstein’s conduct testified during the trial, and the verdict seen as progress in creating criminal accountability for acts of sexual misconduct and assault that have come to light over the past two years. Weinstein now waits in Rikers Island, but he also will face additional charges in Los Angeles, where prosecutors have filed charges for sexual battery and rape related to eight allegations. 2020 Primary A chaotic debate took place on Tuesday . Joe Biden won big in South Carolina on Saturday . Amy Klobuchar and Mayor Pete dropped out of the race and endorsed Biden. Nonvoters in battleground states may actually prefer Trump over a Democratic candidate. For more on the 2020 primary, check out our 2020 Fever podcast. This podcast is powered by Pinecast .…
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From the Stands

Episode Notes Trump Pardons President Trump granted clemency to 11 individuals on Tuesday, some of whom had been convicted of crimes ranging from tax fraud to obstructing an investigation to money laundering. The series of pardons and commutations was extended to several people who had historic ties to Trump, his business, and his family. However, those receiving clemency also included several people who had been serving long prison sentences for drug crimes, a seeming extension of Trump’s support for the First Step Act . Trump in India President Trump was in India this week, as he was welcomed by Prime Minister Narendra Modi to messages of “ Namaste Trump.” The president was greeted with enormous fanfare as he spoke at a cricket stadium in front of 100,000 people and posed with his wife in front of the majestic Taj Mahal. However, clashes between Hindus and Muslims took place during the president’s visit, and the violence has resulted in at least 20 confirmed dead. Trump was not able to secure any broad trade deals as the administration may have hoped, only committing to sell limited military equipment to India. Democratic Primary Democratic presidential candidates had a heated debate on Tuesday roiled by politicians talking over each other and moderators desperately trying to retain control of the room. Bernie Sanders faced confrontations about his record on socialist foreign leaders and the costs of his plans, while former Mayor Bloomberg heard continued criticism from Senator Elizabeth Warren about his nondisclosure agreements. Check on 2020 Fever for more information on the primary. Negotiations with the Taliban in Afghanistan The U.S. has been in continual talks with the Taliban, agreeing to a reduction of hostilities this week. Though a few violent episodes have occurred, the reduction has largely held. The Taliban and U.S. hope to reach an agreement that results in the Taliban denouncing al Qaeda while the U.S. draws down and eventually pulls out troops. However, this negotiation is complicated by the absence of the Afghan government, which is divided after recent election results . This podcast is powered by Pinecast .…
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From the Stands

Episode Notes Attorney General William Barr has faced escalating scrutiny this week as his Department of Justice lowered an initial sentencing recommendation for Roger Stone, who was convicted in November of witness tampering as well as lying to and obstructing Congress. The DOJ intervened after prosecutors initially recommended seven to nine years, saying they would seek a shorter sentence just hours after President Trump tweeted deriding the seven to nine year recommendation . Perceived DOJ interference prompted four prosecutors to leave the case and one to resign from his position as a federal prosecutor. Over 1,100 former prosecutors submitted a letter calling for Barr’s resignation in the wake of this event . A public feud between Barr and Trump has drawn attention this week to the relationship between the president and his DOJ. Barr was criticized during the Mueller probe for not recusing himself from the Mueller special counsel investigation. While some see Barr as a staunch Trump ally, Barr lashing out at the president’s tweets has been alternately perceived as either real frustration at presidential interference or a mere attempt to preserve an image of DOJ independence . The coronavirus death toll has risen to over 1,700 people, and over 70,000 have reportedly been infected . The virus has spread mostly within China, but other countries are seeing cases arise as well. A cruise ship with over 300 Americans on it had been quarantined off the coast of Japan for potential contamination, and the U.S. government decided to fly those Americans to the U.S. to military bases . Fourteen of these Americans tested positive for coronavirus, bringing confirmed coronavirus cases in the U.S. to 29. The House passed a resolution on Thursday removing the deadline for states to ratify the Equal Rights Amendment . The amendment, which originally passed the House and Senate in 1971 and 1972, respectively, asserts that “equality of rights under the law shall not be denied… on account of sex.” In 1972, Congress set 1982 as the deadline for 38 states to ratify the amendment to put it into effect. Virginia only became the 38th state to ratify in January of this year . Thus, this House resolution seeks to retroactively eliminate the 1982 deadline so that the ERA can become law. Russia and the Assad regime have escalated bombing in the last rebel enclave of Idlib in Syria, and the Syrian government has asserted near complete control over the region of Aleppo . This escalation comes after Syrian troops killed eight Turkish soldiers last week , pitting Russia and Turkey against each other in a proxy-style conflict. Negotiations are set to occur between Turkish and Russian leaders on Monday, with the deescalation of violence on the agenda. Finally, former New York City Mayor Michael Bloomberg has gained momentum in the Democratic primary race. Several congressional candidates that he has previously given money to have come out in support of him, and he is using his vast personal wealth to fund a flurry of TV ads and even meme content. For more news and updates about the presidential primary and campaign season, check out the 2020 Fever podcast from NBN here . This podcast is powered by Pinecast .…
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Episode Notes After two years, Special Counsel Robert Mueller spoke publicly about his investigation. In Syria, government forces are setting farmland ablaze. Israel’s Prime Minister Benjamin Netanyahu fails to form a government, forcing a new national election. This podcast is powered by Pinecast .
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Episode Notes Donald Trump Jr. was subpoenaed by the Senate Intelligence Committee, Russia targets European elections, and Trump ups the ante in his trade war with China. This podcast is powered by Pinecast .
Episode Notes Tune in on NBN Weekly Recap this week: Barr and the Mueller Report, Spain's shifting political atmosphere, and chaos in Venezuela. This podcast is powered by Pinecast .
Episode Notes Tune in on this week's NBN Weekly Recap surrounding the Sri Lankan terrorist attacks, the issue of social media inappropriately streaming the Christchurch shootings, and Joe Biden's controversial position toward sexual assaults. This podcast is powered by Pinecast .
Episode Notes This past week saw President Trump’s former attorney Michael Cohen testify against his former client, the ‘great negotiator’ Trump leave Hanoi empty-handed and Democrats win big after passing gun control legislation two days in a row. This podcast is powered by Pinecast .
Episode Notes Notes go here This podcast is powered by Pinecast .
Episode Notes Notes go here This podcast is powered by Pinecast .
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From the Stands

1 2/4: Venezuela, the cold and controversy in Virginia 23:55
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2/4: Venezuela, the cold and controversy in Virginia
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From the Stands

This week, Gabe, Rahul and Northwestern students get prepped for a scary halloween. In the words of Rahul, "I'm going to eat a boo-rito."
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From the Stands

It’s season two, and Gabe and Rahul are back with a new format blending on the street interviews and studio banter. This week’s dose of anti-political commentary? Homecoming. Go cats!
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From the Stands

Spring quarter is almost over, and Gabe Schmittlein and Rahul Parikh look back on some of their favorite memories from this year in this week’s Anything but Politics.
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From the Stands

Dillo Day, Northwestern's big music festival, is almost here! Gabe Schmittlein and Rahul Parikh present their “guide to Dillo from two people who’ve never been to Dillo” in this week’s Anything but Politics.
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From the Stands

In this week’s Anything but Politics, Gabe Schmittlein and Rahul Parikh discuss their first movie date (it was Guardians of the Galaxy 2 ) and pitch some script ideas to Hollywood. This podcast is powered by Pinecast .
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From the Stands

1 Anything But Politics #4: Being broke(and how to get money) 10:14
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Money (n): something many college students don’t have enough of, including Gabe Schmittlein and Rahul Parikh. In this week’s Anything but Politics, they offer you some advice on coping with being broke.
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From the Stands

Sad after March Madness? Don’t be, because it’s time for the NBA playoffs. Join Gabe Schmittlein and Rahul Parikh as they discuss basketball in this week’s Anything but Politics.
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From the Stands

Have you ever facepalmed at some corporate PR move and wondered what they were thinking? You’re not alone. Join Gabe Schmittlein and Rahul Parikh as they tackle public relations disasters in this week’s Anything but Politics.
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