Santa Barbara County News and Events

Eat, Pray, Love – go! How Elizabeth Gilbert and her readers conquered the world

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By Lilit Marcus, CNN

(CNN) — It was when she got to San Diego, of all places, that Elizabeth Gilbert realized everything had changed. She had left home as the author of a reasonably successful, year-old memoir titled “Eat, Pray, Love,” a first-person fusion of travelogue, confessional, and self-help manual, tracing her post-divorce journeys to Italy, India and Indonesia. On tour to promote the book’s paperback release, Gilbert recalls, she’d been speaking to audiences of “10, 15, 20 people.”

Now, heading to yet another appearance, she saw “people like three deep wrapped around the block.” Gilbert was confused: “I said to the driver, ‘what’s going on tonight in San Diego? Is there some kind of a concert or show?’ And he said, ‘No, they’re here to see you.’”

Suddenly “Eat, Pray, Love,” which came out 20 years ago this week, was no longer Gilbert’s idiosyncratic personal project — ”I remember just thinking, nobody’s going to want to read this, yet I have to do it anyway” — but a phenomenon that would span the globe. The book took on a life beyond its pages, in the hotels, cafes, spas, and beaches where legions of its readers set off seeking their own transformative journeys.

‘A human permission slip’

In 2019, Gloria Caseiro, a Portugal-born New Jersey resident, was the mother of two grown kids, and she had gotten divorced after the children moved out. On her own and newly retired, she says she found the answer about what to do next in the form of an “Eat, Pray, Love” paperback: “I decided, ‘You know what? I’m now going to go to all the places that I’ve never gone to.’” At age 51, she set off on her first-ever solo holiday, to Italy.

That sort of experience — not the millions of copies sold or the $200 million box office gross of the 2010 film adaptation, starring Julia Roberts as Gilbert and Javier Bardem as the new love she made on her travels — was what made “Eat, Pray, Love” an enduring sensation. Gilbert says that friends describe her as a “human permission slip” — someone who essentially told an entire generation of women it was OK to just travel for the sake of traveling.

“There’s an old blues song that says, When a man gets the blues, he grabs a train and rides, when a woman gets the blues, she hangs her head and cries,” Gilbert says. “And so much of that is because women couldn’t grab a train ride.”

By the time the book appeared in 2006, the world had started to congratulate itself on how “easy” it had become for a woman to travel alone for leisure — a claim that says more about the restrictions that came before than about any great leap forward. Only recently had many countries stopped treating solo female travelers as a problem to be managed, no longer refusing them hotel rooms when traveling without a man, or denying them credit cards to pay for it.

Globalization and the growing democratization of travel made it easier to get to distant places, and ever smarter mobile devices with SIM cards and Google Translate made it easier for travelers to get around when they got there.

One word kept coming up among women who talked about their journeys in those years. It wasn’t just more socially acceptable for a woman to travel alone, they say. It was safer. A traveler could navigate a new neighborhood alone just with her phone, without having to pull out a paper map that announced her unfamiliarity to anyone around. It was possible to send a text to someone back home as soon as a plane landed, rather than waiting to get somewhere with a satellite phone.

“Freud spent a lot of time saying, ‘what do women want?’” Gilbert says. “And it’s like, apparently, they want a year to travel around the world by themselves, to eat a lot of pizza, to fall in love with a handsome Brazilian man, to have adventure.”

Many of the women inspired by “Eat, Pray, Love” thought that their opportunities to travel

Even Republican election officials are balking at Trump Justice Department’s voter roll crusade

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By Tierney Sneed, CNN

(CNN) — As the Trump administration has sued 25 mostly Democratic state election chiefs for their voter rolls, it has also encountered quieter resistance from Republican officials who have balked at the Justice Department’s demands for confidential voter registration information.

At least a half-dozen Republican-led state election offices have declined the Justice Department’s request for non-public voter data, which can include a voter’s Social Security number, driver license ID number or current residence, according to interviews, local media reporting and records obtained by CNN and by the Brennan Center, a left-leaning think tank that researches election issues.

“They can have the voter rolls. They’re gonna pay for it like everybody else,” West Virginia Secretary of State Kris Warner told CNN last month, referring to the public list that can be purchased in his state for $500. “They’re not going to get our personal information.”

Several other Republican election administrators have provided the sensitive data but refused to sign an agreement proposed by the Trump administration that would require them to remove voters deemed ineligible by the Justice Department.

In interviews with CNN about the department’s voter data quest, GOP election officials expressed concerns about the administration’s approach even though they’re aligned with the president on other matters of election security. They said the requests conflicted with state laws prohibiting the disclosure of sensitive voter information. They questioned the reasons the administration was seeking the data. And they bristled at the idea of the federal government — rather than state or local officials — leading the task of removing ineligible voters from the rolls.

The Justice Department declined to comment.

The voter data crusade is one of several ways the Trump administration is trying to insert itself more directly into election-related tasks carried out by states.

Trump has not let go of his unfounded fixation on mass voter fraud. He has called on Republicans to nationalize elections, installed fellow 2020 election deniers in the executive branch who are leading reviews of voting infrastructure, and the FBI recently seized 2020 ballots from Fulton County, Georgia.

Republicans’ objections to the department’s voter data project came to head at a mid-December meeting between GOP state election officials and Assistant Attorney General Harmeet Dhillon, the civil rights chief at DOJ who has been spearheading the data demands. DOJ officials rebuffed calls for adjustments to its plans for the voter information.

Among the biggest sticking points was a requirement in an agreement the DOJ proposed to govern the data production that would give states just 45 days to fix issues the administration identified in their voter rolls, according to Mississippi Secretary of State Michael Watson, who ultimately handed over the data but refused to sign the agreement.

“We were adamant on the idea that maintaining voter rolls should be done on the state level,” Watson, who is also president of the National Association of Secretaries of State, told CNN.

Dhillon, in public remarks, has been dismissive of the state officials’ concerns.

“Some of the goofy responses that I have gotten from secretaries of state have included, ‘Oh, my goodness, this is highly confidential Social Security information. We can’t possibly give that to the federal government,’” Dhillon Read more

Beach Hazards Statement issued February 16 at 2:06AM PST until February 18 at 10:00AM PST by NWS Los Angeles/Oxnard CA

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* WHAT…Dangerous rip currents and breaking waves due to
elevated surf expected.

* WHERE…Santa Barbara County Southwestern Coast and Santa
Barbara County Southeastern Coast.

* WHEN…From 10 AM PST this morning through Wednesday morning.

* IMPACTS…There is an increased risk of ocean drowning. Rip
currents can pull swimmers and surfers out to sea. Waves can
wash people off beaches and rocks, and capsize small boats
nearshore.

* ADDITIONAL DETAILS…Minor coastal flooding possible around
mid- morning and late-evening times of high tide on Tuesday
and Wednesday.
Remain out of the water due to hazardous swimming conditions, or
stay near occupied lifeguard towers. Rock jetties can be deadly
in such conditions, stay off the rocks.

The post Beach Hazards Statement issued February 16 at 2:06AM PST until February 18 at 10:00AM PST by NWS Los Angeles/Oxnard CA appeared first on News Channel 3-12.

Where businesses must offer employees a retirement plan

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By Jeanne Sahadi, CNN

(CNN) — More than 50 million US private-sector employees don’t have access to a workplace retirement savings plan like a 401(k).

But a growing number of states are now requiring most private-sector employers to provide what are known as “auto IRAs” if they don’t already offer a workplace plan. Each employee gets their own retirement account, with automatic contributions made from their paychecks.

Oregon was first in 2017. Today, a total of 15 states have an active auto-IRA program, and two others are in the process of implementing theirs, according to the Pew Charitable Trusts. Plus, eight states are weighing legislation this year to create their own auto-IRA programs.

There is now $2.79 billion in nearly 1.2 million funded auto IRA accounts as of January 31, according to the latest data from the Georgetown Center for Retirement Initiatives. That counts assets across 12 state programs; it does not include the three states that opened programs in the past several months.

New York’s new plan

New York is one of those three states. Its plan opened in October. Employers have until March 18 to register if they have 30 or more employees; until May 15 if they have 15 to 29; or July 15 if they employ 10 to 14 people.

The only employers exempt from New York’s mandate are those with fewer than 10 employees or those that have been in business less than two years. Several other states have tighter exemptions, such as businesses with five or fewer employees, according to Kim Olson, Pew’s senior officer for retirement planning.

How an auto IRA typically works

State-based auto IRAs are Roth IRAs. The accounts are funded with after-tax money, which then compounds tax free.

Employers automatically deduct a small portion of your paycheck — usually 3% or 5% — and invest it in, most typically, a target-date fund based on your anticipated year of retirement.

Employers then automatically increase your contributions by 1% of your pay a year until the contributions reach between 8% and 10%, depending on state rules. You also may choose to increase or decrease your contributions yourself (or even opt out).

There is usually no cost to employers to enroll their workers in the plan, and matching employer contributions are not permitted in Roth IRAs. Employers also don’t assume fiduciary duty — meaning they don’t have to worry about selecting solid, low-cost investments and making other decisions in the best interest of plan participants. That duty usually resides with a state board overseeing the program, Olson said.

But starting in 2027, workers may qualify for a federal Saver’s Match worth up to $1,000 a year. That match — equal to half of your retirement contributions up to $2,000 — will be deposited directly into your Roth IRA.

The Saver’s Match replaces a current non-refundable tax credit for low- and moderate-income workers who save for retirement in a workplace plan or IRA

Why the ‘AI scare trade’ might not be done

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By John Towfighi, CNN

New York (CNN) — A sell-off rippled through software, real estate and trucking stocks this past week as investors worried artificial intelligence could upend some industries — and analysts say the white-knuckle drops might not be over yet.

Software stocks bore the initial brunt of AI disruption nerves. But those fears soon spread to insurance companies, brokerage firms, real estate services — even logistics and trucking.

“Market is in shoot first, ask questions later mode, with any names/sectors that could be impacted by AI disruption taking a hit,” Mohit Kumar, a strategist at Jefferies, said in a note.

The slump in shares points out a major change for investors going forward: AI, which had been powering big rallies in tech and other stocks for months, could now actually drag on some parts of the market.

Financial services

Shares of major insurance brokers fell on February 9 after Madrid-based startup Tuio unveiled a new insurance app built with ChatGPT, according to UBS.

That sparked fears that AI tools could eat into existing companies’ business models and customer bases. Shares of professional services and insurance companies sank. Marsh shares (MRSH) tumbled 7.5%. Arthur J. Gallagher shares (AJG) dropped 9.85%.

But Brian Meredith, an analyst at UBS, said in a note that he thinks the sell-off was “meaningfully overdone,” noting that insurance brokers remain “essential intermediaries” for household financial decisions, and it is unlikely AI will ultimately upend the industry.

On Tuesday, tech startup Altruist announced a new tax planning feature for Hazel, the company’s AI tool. That stoked fears that the specialized client services offered by brokerage and wealth management firms could face increased competition.

Charles Schwab (SCHW) shares dropped 7.42% Tuesday. Shares of financial services company LPL Financial (LPLA) and Raymond James (RJF) slumped 8.75% and 8.31%, respectively.

Real estate

Real estate services found themselves in the barrel on Wednesday and Thursday.

Cushman & Wakefield shares (CWK) tumbled 13.8% Wednesday and 11.5% Thursday. Shares of real estate service companies CBRE Group (CBRE) dropped 12.2% and 8.8% across the two days. Jones Lang LaSalle (JLL) fell 12.5% and 7.6%.

“We believe investors are scrutinizing high-fee, labor-intensive business models viewed as potentially vulnerable to AI-driven disruption,” Jade Rahmani, an analyst at Keefe, Bruette & Woods, said in a note.

And AI has the potential not just to compete with traditional real estate brokerages and agents, but to slash demand for office space in general, as AI executives predict their technology will eliminate swaths of the economy.

“If there are less office workers in the long run as a result of AI, there will be less demand for office space,” CBRE Group chief executive Bob Sulentic said on the company’s earnings call on Thursday morning. “That would be a long-term trend to unfold.”

Logistics

The Dow Jones Transportation Average — an index of 20 companies in the transportation industry — sank 4% Thursday and had its worst day since

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