Guest Sixto Cancel, CEO of Think of Us, discusses his mission to revolutionize the child welfare system. Kara and Scott also cover the Dow's record highs, George Santos leaving Congress, and Google's evidence suppression. They touch on real estate advantages, foster care reform, international issues, and the importance of experiences and masculinity.
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Quick takeaways
The foster care system needs to prioritize family-based care and implement prevention programs and resources to support parents.
Technology can play a crucial role in addressing challenges in the foster care system, such as improving data collection and developing living experience engines.
Investing in real estate, particularly owning homes, can provide financial security and be a profitable way to build wealth over time.
Deep dives
The Need for Family-Based Care in the Foster System
The foster care system needs a major overhaul to prioritize keeping families together. This includes implementing prevention programs to support parents and providing resources to help children remain at home. Additionally, there should be a focus on kinship care, placing children with extended family members instead of unknown foster parents. The Biden administration has made some changes to support family-based care, including providing financial support to family members who foster children. The use of technology, such as text messaging and portals, can also help gather data and improve communication in the foster care system.
Challenges and Solutions in Foster Care
One of the challenges in the foster care system is finding suitable foster parents who have the necessary qualities to provide care. While recruitment efforts are important, they are not enough to solve the problem. Research shows that children fare better when placed with extended family members, known as kinship care. Antiquated case management systems and bureaucratic processes hinder the placement of children with family members. Technology can play a role in addressing these challenges, such as developing a living experience engine that collects and utilizes data to inform system reform efforts.
The Urgent Need for System Reform and Data-Driven Solutions
The foster care system requires significant change to prioritize family-based care and address the shortcomings of current practices. Legislation, funding, and awareness all play a role in driving these reforms. However, the belief in the importance of family and the use of technology to collect and analyze data are crucial components in creating lasting change. By leveraging technology, improving data collection, and focusing on family-based care, it is possible to improve outcomes for children in the foster care system.
Housing as an Investment and Wealth Builder
The podcast episode discusses the importance of investing in real estate, specifically houses, as a means to build wealth. The speaker shares personal stories about their own experiences and the impact of owning property. They emphasize that buying a home can provide financial security, especially during difficult times, such as illness or retirement. Additionally, they highlight the potential benefits of buying, renovating, and selling properties as a way to generate profit and build wealth over time.
The Lack of Urgency in Addressing Key Issues
Another major theme explored in the podcast episode is the lack of urgency in addressing significant issues. The speaker expresses concern about the slow progress in areas such as foreign policy, including Taiwan, Ukraine, and Israel. They also highlight the need for a sense of urgency in addressing the potential risks of autocracy and dictatorship. The importance of prioritizing critical issues and taking swift action is emphasized to prevent further decline and to secure a better future.
Kara and Scott discuss the Dow's record highs and home ownership's new lows. Then, George Santos leaves Congress like a "Scandal in the Wind," while the Newsom/DeSantis debate was a circus of another kind. Plus, Google is accused of suppressing evidence, Nelson Peltz continues his Disney proxy battle, and "rizz" is the word of the year (Do Kara and Scott have it?!). Our Friend of Pivot is Sixto Cancel, the CEO and Founder of Think of Us, who's on a mission to revolutionize the country's child welfare system.