WEBVTT - Conversations About The Next Four Years 0:00:01.800 --> 0:00:04.400 Watch up and welcome back to another episode of No 0:00:04.480 --> 0:00:07.440 Sellings Podcast with your hosts now fuck that with your 0:00:07.520 --> 0:00:09.280 load glasses Malone. 0:00:14.680 --> 0:00:17.480 He dog back in the house was the deal, Pete. 0:00:17.720 --> 0:00:19.080 We are in fact back. 0:00:20.440 --> 0:00:21.920 House now. 0:00:22.239 --> 0:00:26.320 I don't never do four more conversations on No Seilings. 0:00:26.360 --> 0:00:29.920 We don't never even introduce nobody. But Ray is like 0:00:30.000 --> 0:00:32.600 a solid partner man, and he reminds me of. 0:00:34.640 --> 0:00:34.839 Like you. 0:00:35.000 --> 0:00:36.760 You know, how you meet black people and they're not 0:00:36.880 --> 0:00:40.120 a part of gangs, but they get to get down. 0:00:40.240 --> 0:00:42.519 They not stuck on the space where it's like they 0:00:42.560 --> 0:00:45.519 think you different. Ever since I bet his brother, he 0:00:45.680 --> 0:00:48.519 never made me feel different. He understood that I was 0:00:48.560 --> 0:00:52.520 a brother just like him, and I thought he would 0:00:52.560 --> 0:00:56.000 be perfect for this conversations. So y'all, if y'all look, 0:00:56.040 --> 0:00:58.720 you know, y'all check my podcast, the Homie Raids in 0:00:58.720 --> 0:00:59.000 the House. 0:00:59.040 --> 0:01:02.720 Ray gonna introduce yourself. Man, tell you people what's going on. 0:01:02.840 --> 0:01:03.760 Man, it's rageous. 0:01:04.600 --> 0:01:09.480 I'm out of Tampa, Florida, rap artists, entrepreneur. So you 0:01:09.480 --> 0:01:14.000 know I have different businesses real estate, title and now 0:01:14.040 --> 0:01:17.800 I have my record label, all courtesy of my homeboy 0:01:17.920 --> 0:01:20.720 g giving me the battery in my back saying you 0:01:20.840 --> 0:01:22.560 need to just go ahead and go independent. 0:01:22.880 --> 0:01:24.840 So that's what I'm going right now. 0:01:25.280 --> 0:01:31.520 So okay, you're not supposed to ask this could but 0:01:31.560 --> 0:01:34.000 I just can't help it. And were black, Who did 0:01:34.040 --> 0:01:34.720 you vote for. 0:01:36.200 --> 0:01:37.400 Me? Oh? Geez? 0:01:37.760 --> 0:01:40.959 I actually I actually, to be honest with you, I 0:01:41.000 --> 0:01:43.759 sat this one out, man like, after doing the research. 0:01:44.160 --> 0:01:47.440 I just couldn't feel good about voting either way. I 0:01:47.520 --> 0:01:49.760 ended up sitting it out. I know what that means. 0:01:49.800 --> 0:01:50.280 A lot of. 0:01:50.200 --> 0:01:53.080 People called me and said, hey, you know, you sitting 0:01:53.080 --> 0:01:54.720 this one out as like a vote for the other 0:01:54.840 --> 0:01:55.920 side or what have you. 0:01:55.920 --> 0:02:01.240 And only half a vote for the other side exactly. 0:02:02.200 --> 0:02:05.680 See when you started nine starts to feel like the 0:02:05.720 --> 0:02:06.800 three fifths of a man. 0:02:06.880 --> 0:02:08.760 Now you better tell him glasses. 0:02:08.720 --> 0:02:11.160 Well, there's there's a vote, there's no vote, and the 0:02:11.720 --> 0:02:12.280 other vote. 0:02:13.840 --> 0:02:15.600 That's true, that's true. 0:02:16.240 --> 0:02:19.040 But at the same point, man, just looking at everything. 0:02:19.120 --> 0:02:20.880 You know, I'm a free thinker, so I look at 0:02:21.000 --> 0:02:21.919 every single thing. 0:02:21.960 --> 0:02:24.080 I'm gonna look at your voting patterns. 0:02:24.120 --> 0:02:26.600 I'm gonna look at what you actually put out there 0:02:27.480 --> 0:02:29.440 and when you were in the job position, what you 0:02:29.520 --> 0:02:31.040 actually did in that job position. 0:02:31.120 --> 0:02:32.679 I just didn't feel good either way. 0:02:33.240 --> 0:02:36.840 And there's some people I've had arguments with and I 0:02:36.880 --> 0:02:37.560 really don't care. 0:02:37.680 --> 0:02:40.639 Glass know me, I don't really care about having to 0:02:40.840 --> 0:02:42.560 argument or whatever the case may be. 0:02:43.000 --> 0:02:45.400 But that's because you, That's because you did the work 0:02:45.440 --> 0:02:47.679 and the thought before. The same way for me, I 0:02:47.919 --> 0:02:52.359 didn't vote specifically for the same reasons like I'm I'm 0:02:52.440 --> 0:02:56.440 voting for a candidate that understands, you know, the greatest 0:02:56.480 --> 0:02:59.720 injustice and American history still still hasn't been made right, 0:02:59.760 --> 0:03:02.239 which is absolutely the treatment of black people, of his 0:03:02.360 --> 0:03:06.760 black citizens. So until a candidate makes that a prime 0:03:06.919 --> 0:03:12.360 reason or a prime issue, a prime policy thing to address, 0:03:12.880 --> 0:03:15.400 there's no reason to vote. There's only been one person 0:03:15.440 --> 0:03:18.440 in the history of America that got my vote, and 0:03:18.480 --> 0:03:20.880 he got it for free. He got it because my 0:03:21.000 --> 0:03:23.480 dad cared. He got it because my mom cared. He 0:03:23.520 --> 0:03:26.919 got it for everybody who cared about seeing somebody that 0:03:26.960 --> 0:03:31.040 looked like them finally running this country, even though historically they. 0:03:30.880 --> 0:03:32.720 Told me no one man runs this country. 0:03:33.400 --> 0:03:37.240 But I voted for Barack for that reason, and he 0:03:37.280 --> 0:03:40.520 didn't get my second vote, and that voter never happened again. 0:03:41.560 --> 0:03:45.000 Unless it's like a crip running or something more like 0:03:45.000 --> 0:03:47.839 a Snoop Dogg or somebody else. That's the first time 0:03:47.880 --> 0:03:52.840 I could vote for a lot of people want me 0:03:52.880 --> 0:03:55.000 to believe that it was because it was a woman 0:03:55.040 --> 0:03:56.680 in the White House, and I'm like, I don't believe that. 0:03:56.760 --> 0:04:02.000 I think America is the word isn't progressive, But I 0:04:02.040 --> 0:04:04.240 think America will vote for a woman if you get 0:04:04.280 --> 0:04:05.480 the right woman in position. 0:04:06.160 --> 0:04:08.240 Absolute pete, where you at with it? 0:04:09.800 --> 0:04:11.880 I voted for Donald Trump enthusiastic. 0:04:12.000 --> 0:04:13.000 No, you ain't got to tell us that. 0:04:13.080 --> 0:04:20.719 Yeah, I vote for I vote for systems and paradigms. 0:04:21.080 --> 0:04:28.080 You know my issue. Look look back at the current 0:04:28.320 --> 0:04:32.160 system state of the Democrat Party as I see it, 0:04:32.600 --> 0:04:41.600 from the moment that the apparatus threw Hillary Clinton out 0:04:41.640 --> 0:04:46.440 of a moving vehicle and grabbed Barack Obama and like move. 0:04:46.520 --> 0:04:48.760 It was like July, like it happened really quick, Like 0:04:49.040 --> 0:04:52.200 the incineration of Hillary Clinton two thousand and eight or seven, 0:04:52.279 --> 0:04:57.159 remember that primary season was was like aggressive. But they 0:04:57.160 --> 0:05:01.240 have they have a system. The way that they do things, 0:05:01.600 --> 0:05:07.320 it's pretty centralization based. I don't like that Donald Trump. 0:05:07.760 --> 0:05:09.640 And that's why I think if you've voted for if 0:05:09.680 --> 0:05:12.480 you thought that Joe Biden was the guy making these decisions. 0:05:13.640 --> 0:05:15.880 Come on, like, let's be adults. If you think Kamala 0:05:15.880 --> 0:05:18.080 Harris was gonna be making a bunch of decisions, let's 0:05:18.120 --> 0:05:20.840 be adults. I can at least make the case that 0:05:20.880 --> 0:05:23.920 I think if Donald Trump isn't making a bunch of decisions, 0:05:23.960 --> 0:05:27.320 he's gonna change a lot of the personnel package in 0:05:27.360 --> 0:05:30.560 the inside of the Beltway at this point in time. 0:05:31.360 --> 0:05:34.840 So you might have different people making different different decisions 0:05:34.960 --> 0:05:37.920 than the same people making the same decisions over and 0:05:37.960 --> 0:05:40.280 over again, regardless of all. Really, who's there, Because it's 0:05:40.279 --> 0:05:42.240 been a game of musical cherish for about twenty five 0:05:42.320 --> 0:05:42.919 thirty years. 0:05:43.839 --> 0:05:46.359 Okay, Pete, so and me and Ray could ask you 0:05:46.360 --> 0:05:51.120 this together? Yeah, right, because and it's fair. I know 0:05:51.200 --> 0:05:52.800 you always use the on the stage with a bunch 0:05:52.800 --> 0:05:54.600 of brothers. This ain't nothing new to you. You hung 0:05:54.640 --> 0:05:57.200 around brothers ever since I've known you. But it's a 0:05:57.240 --> 0:06:01.040 lot of misinformation when it comes to being a Republican 0:06:01.240 --> 0:06:05.240 or conservative, and I want people to really know that 0:06:05.279 --> 0:06:08.839 you're not the standard type of conservative that they imagine, 0:06:08.839 --> 0:06:12.440 because there's the imagination version of what the conservative is, 0:06:12.480 --> 0:06:15.119 which looks like the klu Klux Klan. And then there's 0:06:15.160 --> 0:06:18.640 the version, the real version of the conservative American and 0:06:18.680 --> 0:06:22.039 what does that really mean in this conversation over these 0:06:22.080 --> 0:06:24.160 next four years with Trump and office. 0:06:24.320 --> 0:06:28.520 And this really like, I think the conservative movement as 0:06:28.560 --> 0:06:30.719 it currently is, or as it's been at least for 0:06:30.760 --> 0:06:34.839 a long time. And that's kind of the thing. Like, again, 0:06:34.920 --> 0:06:39.080 these are big groups of people. We're talking about the 0:06:39.120 --> 0:06:44.080 Democrat Party, it's voter apparatus, or we're talking tens of 0:06:44.120 --> 0:06:48.599 millions of people. You can point to a collection of 0:06:48.680 --> 0:06:52.280 group within any thing that size and go, boy, they're 0:06:52.320 --> 0:06:56.440 emblematic of a big mess. I think at the root 0:06:56.800 --> 0:07:01.640 of that, like Braintree is really just kind of being 0:07:01.680 --> 0:07:04.520 able to exist in your own world, kind of unbothered 0:07:04.520 --> 0:07:07.200 and trying to shrink shrink your world. They want the 0:07:07.240 --> 0:07:13.520 government to be more about their town than about establishing 0:07:13.560 --> 0:07:17.000 some super system over everybody. They're like, we just want 0:07:17.000 --> 0:07:18.920 to run a little system of our town and you 0:07:18.920 --> 0:07:21.320 guys do whatever the fuck you know, so. 0:07:21.720 --> 0:07:23.000 Less government interference. 0:07:23.640 --> 0:07:27.280 Yeah, yeah, and at the at the at the end 0:07:27.280 --> 0:07:29.760 of it, that's that's really what people care the most 0:07:29.760 --> 0:07:31.120 about in that movement. 0:07:31.760 --> 0:07:37.400 Okay, so the next four years right, because so so also, 0:07:39.560 --> 0:07:41.680 I try not to jump out too far. But to me, 0:07:41.840 --> 0:07:44.640 black people in this country and black people in general, right, 0:07:44.720 --> 0:07:47.880 whether you know from the content of Africa, are always 0:07:47.880 --> 0:07:50.840 been very conservative, very like. 0:07:52.400 --> 0:07:54.960 Practical, you know what I mean. 0:07:55.080 --> 0:07:59.120 I think the version of black person in America is 0:07:59.120 --> 0:08:03.640 a little different obviously, being around a different level of 0:08:05.040 --> 0:08:11.640 a different experience, different type of different reactions to circumstance, 0:08:11.880 --> 0:08:14.320 you know, and things that's happening that have kind of 0:08:14.360 --> 0:08:17.360 created this different version of a brother, you know what 0:08:17.360 --> 0:08:20.440 I mean. And that's fine too, you feel me. But 0:08:21.480 --> 0:08:25.600 what does it look like to be what is black 0:08:25.640 --> 0:08:26.280 people missing? 0:08:26.320 --> 0:08:26.440 Now? 0:08:26.880 --> 0:08:31.480 Where's the okay? When when Democrats run the country, most 0:08:31.600 --> 0:08:34.560 black people know, you can go to the government to 0:08:34.640 --> 0:08:37.640 get ahead, right, right, that's fair. Right, when Democrats are 0:08:37.640 --> 0:08:41.080 in office, black people can go to the to the 0:08:41.120 --> 0:08:48.559 government get programs, right. Maybe not big programs right, maybe 0:08:48.600 --> 0:08:53.000 not huge programs, right, but they can get programs. 0:08:53.360 --> 0:08:53.560 Right. 0:08:54.480 --> 0:08:56.559 What are black people missing, Pete? 0:08:57.120 --> 0:09:01.560 When a Republican is in office, When Republics are you 0:09:01.600 --> 0:09:04.920 know the mass number in Congress or there they they 0:09:04.960 --> 0:09:08.200 got the house, where is the opportunity for black people 0:09:08.240 --> 0:09:12.240 in these times when there is no government to lean on? 0:09:13.559 --> 0:09:15.600 Oh, it's it's going to be in the business space. 0:09:16.360 --> 0:09:16.480 Uh. 0:09:17.559 --> 0:09:22.760 And I think in general, I'm not totally sure that 0:09:22.760 --> 0:09:25.720 with a lot of government programs that the cost of 0:09:25.800 --> 0:09:29.120 providing them is worth what you get. I think that's 0:09:30.280 --> 0:09:35.160 not always so, you know, but like with this, you 0:09:35.200 --> 0:09:38.080 know what what you should expect is it depends on 0:09:38.760 --> 0:09:42.840 I'm big on mobility. I assume it's gonna be a 0:09:42.840 --> 0:09:46.600 big boom in the energy sector. So if you're somewhere, 0:09:46.600 --> 0:09:49.000 if you're somewhere that's not near there, that's an easy 0:09:49.160 --> 0:09:51.960 industry to get into and make some money. Like it 0:09:51.960 --> 0:09:55.960 says an employee, go to where that is, you know, 0:09:56.160 --> 0:09:57.960 or or whatever else. I think a lot of that's 0:09:58.000 --> 0:10:03.600 going to be you know, where you can take advantage. 0:10:04.400 --> 0:10:06.400 Right, What do you think the next four years look 0:10:06.520 --> 0:10:12.680 like for any true entrepreneur? Where is the opportunities you 0:10:12.720 --> 0:10:13.720 feel ray is gonna be? 0:10:15.840 --> 0:10:18.080 Well, what I'm thinking is, I mean we've already had 0:10:18.320 --> 0:10:22.280 this same president for the last four years before Biden 0:10:22.360 --> 0:10:24.480 went in an office, and we all seen that a 0:10:24.520 --> 0:10:28.240 lot of us business owners, we've actually got more money 0:10:28.280 --> 0:10:31.320 and more tax breaks during that time as business owners 0:10:31.679 --> 0:10:32.559 than ever before. 0:10:33.280 --> 0:10:34.760 So at the end of the day, I think it's 0:10:34.760 --> 0:10:35.760 going to be more of that. 0:10:35.840 --> 0:10:39.320 Like if you start looking towards more business ownership, I 0:10:39.320 --> 0:10:39.920 think you're going. 0:10:39.840 --> 0:10:41.120 To get ahead more. 0:10:41.760 --> 0:10:44.800 If you start looking at working for somebody, I mean, 0:10:44.840 --> 0:10:48.160 I think that that's going to start to make start 0:10:48.240 --> 0:10:50.080 to make it a little bit harder. 0:10:49.800 --> 0:10:50.720 For you, you know what I mean. 0:10:50.800 --> 0:10:53.200 So I think that everybody should have a business, whether 0:10:53.240 --> 0:10:55.679 you're working or not, so just at least have a 0:10:55.720 --> 0:10:57.640 side hustle, you know what I mean. And most people 0:10:57.679 --> 0:11:00.160 I know do they have some type of side so 0:11:00.160 --> 0:11:02.800 where they're getting some income from. 0:11:03.559 --> 0:11:07.079 And that to me is something that like Black America's 0:11:07.200 --> 0:11:09.320 great at that they don't get a lot of credit for. 0:11:09.480 --> 0:11:14.480 Is entrepreneurial spirit and small business pursued. Entrepreneurial spirit not 0:11:14.760 --> 0:11:20.600 like abstract I want to invent the next quadrillion dollar idea, 0:11:20.640 --> 0:11:22.440 but just I want to go out and start something 0:11:22.480 --> 0:11:24.199 to make some money on my own, damn terms. 0:11:25.000 --> 0:11:25.720 So think about it. 0:11:25.760 --> 0:11:28.280 We had to how that started off as we actually 0:11:28.360 --> 0:11:30.480 had to find ways around you know what I mean. 0:11:30.520 --> 0:11:33.240 And we talk about from the number runners and everything else, 0:11:33.520 --> 0:11:37.320 every other business entity that we try to actually do, 0:11:37.640 --> 0:11:40.400 you know what I mean, We had to actually make 0:11:40.440 --> 0:11:43.360 a way for ourselves because we were being pushed out. 0:11:44.000 --> 0:11:46.960 So nowadays it's just ingrained. Like I know my son 0:11:47.080 --> 0:11:50.200 right now. My son right now has two businesses that 0:11:50.240 --> 0:11:56.240 he does and he's seventeen. So yeah, so at the 0:11:56.320 --> 0:11:58.199 end of the day, he's watched me grind it out. 0:11:58.280 --> 0:12:01.520 My daughter, my daughter wants to do different things like that. 0:12:01.640 --> 0:12:06.439 So all of them are entrepreneur entrepreneurs because they watched 0:12:06.440 --> 0:12:09.520 their father be an entrepreneur. And I've watched my father 0:12:09.640 --> 0:12:13.640 be an entrepreneur. So we all just who you watched before. 0:12:13.679 --> 0:12:15.800 You you know, you kind of want to follow in 0:12:15.840 --> 0:12:20.400 those footsteps. 0:12:19.920 --> 0:12:22.040 So opening a business peep. 0:12:22.720 --> 0:12:25.360 So most so if you had to give advice to 0:12:26.000 --> 0:12:30.000 not me or even to me, like right, you know, 0:12:30.040 --> 0:12:32.280 I've been doing well for myself since you know me, right, 0:12:32.320 --> 0:12:36.840 figuring it out, making it work. So instead of the 0:12:36.920 --> 0:12:40.400 traditional when a Democrat is in space, right that the 0:12:40.480 --> 0:12:44.000 secret with Republicans is kind of vesting out on your 0:12:44.080 --> 0:12:47.080 own because there are going to be more opportunities if 0:12:47.120 --> 0:12:48.280 you open up a business. 0:12:49.840 --> 0:12:51.760 Yeah, and I think money is going to be easier 0:12:51.760 --> 0:12:52.240 to come by. 0:12:52.960 --> 0:12:56.120 Also, that's a great question, how okay, instead of going 0:12:56.160 --> 0:12:59.360 to the government to get the money, where do you 0:12:59.400 --> 0:13:04.720 go get Oh no, so as an entity with a 0:13:04.760 --> 0:13:08.719 Democrat you get money, but as a business or as 0:13:08.760 --> 0:13:11.560 a corporation with a Republican, the money is different. 0:13:11.679 --> 0:13:14.439 Is that simply kind of the goal right there? 0:13:16.480 --> 0:13:20.000 Yeah, it can be roughly, can be it It depends 0:13:20.000 --> 0:13:21.880 on the maturity of the ending and stuff like. It's 0:13:21.920 --> 0:13:25.719 you can't just like go online to the secondary of 0:13:25.760 --> 0:13:28.319 state building and create an EI in and then walk 0:13:28.320 --> 0:13:30.840 across the street and get a twenty thousand dollars bank 0:13:30.880 --> 0:13:32.720 loan in two seconds. So we would have done it 0:13:32.720 --> 0:13:33.120 by now. 0:13:34.440 --> 0:13:36.160 So what does it look like then? What does it 0:13:36.200 --> 0:13:40.120 look like like? What should we gotta really do this? Pete? 0:13:40.160 --> 0:13:43.679 Because like and Ray, you you are the perfect person 0:13:43.679 --> 0:13:45.800 for this. That's why I thought this conversation would be 0:13:45.840 --> 0:13:47.720 perfect for you even when he said it to me. 0:13:47.880 --> 0:13:52.680 Is what does people future look like? Because there is fear, 0:13:53.040 --> 0:13:55.680 Like my father is in fear. My father just turned 0:13:55.720 --> 0:13:58.439 seventy seven. Happy birthday to my dad who turned seventy 0:13:58.480 --> 0:14:04.120 seven yesterday, right, And it's a lot of brothers in fear, 0:14:05.160 --> 0:14:08.720 like they're fear and I'm like, they're not just in fear. 0:14:09.040 --> 0:14:12.000 There's the natural fear of white people with tiki torches 0:14:12.040 --> 0:14:14.360 walking down the street, which is ridiculous, or being thrown 0:14:14.400 --> 0:14:15.319 back into slavery. 0:14:15.600 --> 0:14:17.680 Right, some of this stuff is just ridiculous. 0:14:18.040 --> 0:14:23.040 Where did why supremacists and Hawaiian lueu tor just become anonymous? Man? 0:14:23.080 --> 0:14:24.840 I told my dad that he got so mad. 0:14:24.880 --> 0:14:27.320 But in the regular what happened to just a piece 0:14:27.360 --> 0:14:29.000 of wood on fire exactly? 0:14:30.240 --> 0:14:32.760 T shirt and you dipped the krsee. But no, they 0:14:32.920 --> 0:14:36.400 like the Walmart tors but because it made them feel 0:14:36.440 --> 0:14:36.640 like that. 0:14:36.720 --> 0:14:39.360 And I'm like, those Walmart people wouldn't scare me. 0:14:39.440 --> 0:14:40.360 But that's not. 0:14:40.800 --> 0:14:43.160 Smelling like pineapple and pork in the. 0:14:43.120 --> 0:14:45.960 Other as they walking with them stupid tors, Like, You'll 0:14:45.960 --> 0:14:47.280 get your silly ass out of here. 0:14:47.840 --> 0:14:50.480 But you know what the problem is, and I'm being honest, 0:14:50.520 --> 0:14:53.520 if we look at the media, right, yeah, the media 0:14:53.680 --> 0:14:56.440 wants us to feel that way and instead of like 0:14:57.080 --> 0:15:00.520 actually putting us together, the divisiveness of the me is 0:15:00.520 --> 0:15:01.200 the problem. 0:15:01.480 --> 0:15:03.000 A lot of the media is telling you. 0:15:03.000 --> 0:15:05.360 That this is gonna happen, and that's gonna happen, and 0:15:05.400 --> 0:15:07.920 this is gonna happen. You think, all right, let's just 0:15:08.240 --> 0:15:11.680 for argument's sake, say all right, Donald Trump's a racist 0:15:11.720 --> 0:15:14.760 and a racist president. As black people, you really believe 0:15:15.080 --> 0:15:17.080 that this is the first time we were under a 0:15:17.160 --> 0:15:21.800 racist regime. This is the first time in history, I agree. 0:15:21.920 --> 0:15:22.600 You know what I mean. 0:15:23.200 --> 0:15:25.400 So at the end of the day, the good part 0:15:25.440 --> 0:15:27.840 about it is we have rules we could play by. 0:15:27.920 --> 0:15:30.160 Now there are certain things in place to where you 0:15:30.200 --> 0:15:32.760 can't get pushed out of certain areas now, you know 0:15:32.760 --> 0:15:35.880 what I mean that were different in the sixties and 0:15:35.920 --> 0:15:39.240 in the fifties and forties or whatever. It can't be 0:15:39.320 --> 0:15:41.680 as overt you know what I mean. If your business 0:15:41.720 --> 0:15:45.600 is up the park and it has the certain demographics 0:15:45.600 --> 0:15:49.480 that they're looking for, they're gonna go ahead and give 0:15:49.520 --> 0:15:51.840 you that money or give you that loan. Now, they 0:15:51.880 --> 0:15:55.080 are also secondary markets. Like I've gotten a bank loan 0:15:55.120 --> 0:15:59.080 for fifty grand. This was no more than four years 0:15:59.120 --> 0:16:01.480 ago when I got that, and that was on the 0:16:01.520 --> 0:16:03.040 secondary market because my. 0:16:03.040 --> 0:16:05.280 Credit was good or whatever the case may be. 0:16:05.400 --> 0:16:08.800 Paid that just for a secondary market real quick. 0:16:09.320 --> 0:16:12.920 Well, all right, so a bank market, right, So going 0:16:13.000 --> 0:16:15.480 into Bank of America and going to get a business 0:16:15.520 --> 0:16:17.840 loan is very hard because you got to fit into 0:16:17.880 --> 0:16:20.520 this little box. Every business has to fit into this 0:16:20.560 --> 0:16:25.160 little box. Right on the secondary market, it's more of 0:16:25.240 --> 0:16:27.840 the people who can't get a traditional bank loan because 0:16:27.840 --> 0:16:29.120 they don't fit in that box. 0:16:29.480 --> 0:16:31.720 If you're an entrepreneur, you're not really going to be. 0:16:31.720 --> 0:16:34.080 Able to fit in that box to get a loan 0:16:34.160 --> 0:16:36.440 for your business because they want to see you actually 0:16:36.520 --> 0:16:39.960 working for someone, so it's kind of weird, or your 0:16:40.000 --> 0:16:43.080 business at least has to be solid for like a 0:16:43.120 --> 0:16:46.720 good five years before you can actually get that loan, 0:16:46.840 --> 0:16:49.400 even though they tell you too, it's about five that 0:16:49.440 --> 0:16:52.920 they're really looking at, because no business is looking to 0:16:53.000 --> 0:16:56.440 lend money to not make money. They're looking at all, right, 0:16:56.440 --> 0:16:58.280 I'm gonna leend you this. You're going to be able 0:16:58.280 --> 0:17:00.280 to pay me back this. If you can't, then I 0:17:00.320 --> 0:17:03.400 can't lend it to you. Secondary market people they look 0:17:03.440 --> 0:17:05.840 at it like, okay, we're gonna go ahead and take 0:17:05.840 --> 0:17:08.920 a chance on you. So, yes, the payback's a little 0:17:09.000 --> 0:17:11.520 higher because I'm borrowed fifty I had to pay back 0:17:11.640 --> 0:17:13.520 like sixty eight, which. 0:17:13.440 --> 0:17:14.879 Is which is nuts. 0:17:15.520 --> 0:17:17.600 But if you can do it, then at the end 0:17:17.680 --> 0:17:20.040 of the day you can then go to another bank 0:17:20.080 --> 0:17:22.280 and say hey, I've already done this because it goes 0:17:22.359 --> 0:17:23.480 right on your credit report. 0:17:23.800 --> 0:17:26.639 So I've already done this loan. This has already been tried. 0:17:26.400 --> 0:17:30.400 And true, So now you can fit in that small. 0:17:30.119 --> 0:17:34.240 Box absolutely because I've already won, taken out a loan before, 0:17:34.480 --> 0:17:37.760 paid it back, and my business has been operational over 0:17:37.800 --> 0:17:40.639 seven years, so it's it's a little bit different for 0:17:40.760 --> 0:17:42.320 me now than it will be back then. 0:17:42.520 --> 0:17:46.600 So secondary markets are off off brand, but it's kind of. 0:17:46.560 --> 0:17:48.280 Like yeah, so they call it. 0:17:48.320 --> 0:17:51.560 So there's QM, right, which is quality like well, QWM 0:17:51.680 --> 0:17:55.320 is for mortgages, right, So there's quality loans, right, or 0:17:55.520 --> 0:17:59.959 or qualified loans or qualified market right QM. 0:18:00.119 --> 0:18:02.200 And then there's non q IN, which is non. 0:18:02.119 --> 0:18:05.280 Qualified market, which means you can't really go to the banks. 0:18:07.440 --> 0:18:12.199 I'm sorry those two things real quick. Like there's this 0:18:12.600 --> 0:18:15.320 what he's talking about, Like, this is why if you 0:18:15.359 --> 0:18:17.560 are going to try to start in your own thing, 0:18:18.600 --> 0:18:21.680 do it on paper. Yeah, I mean when you're small 0:18:21.680 --> 0:18:23.000 and you're not going to pay that much in tax 0:18:23.040 --> 0:18:25.159 it's not like you're going to save worlds of money 0:18:25.240 --> 0:18:29.400 in taxes if you're you know, in a startup level bracket. 0:18:29.880 --> 0:18:34.119 But you can demonstrate income, you can demonstrate profit, you 0:18:34.160 --> 0:18:37.040 can get legitimate and then it does get easier to 0:18:37.080 --> 0:18:38.919 do this kind of stuff, and there is a growing 0:18:38.960 --> 0:18:40.800 and I think it'll be more so I went to 0:18:40.920 --> 0:18:44.119 like two ten hour just marathon days of some and 0:18:44.160 --> 0:18:45.960 this is more for real estate investment type stuff, but 0:18:46.000 --> 0:18:50.199 of private equity alternative lenders, and they do go. You know, 0:18:50.200 --> 0:18:53.280 you're looking at more like the eleven percent thirteen percent 0:18:53.400 --> 0:18:55.480 depending on your experience and stuff. But you aren't going 0:18:55.520 --> 0:18:56.720 to walk into a bank and get a lot of 0:18:56.760 --> 0:18:59.520 these types of deals. And you know that is kind 0:18:59.520 --> 0:19:02.720 of some some stuff that will be pretty available, especially 0:19:02.760 --> 0:19:05.520 when one money is easy for them to get because 0:19:05.520 --> 0:19:06.840 that's easier for them to give it to you. 0:19:08.000 --> 0:19:11.560 Also, they're borrowing money to make money as well. 0:19:12.040 --> 0:19:15.640 The lind that's everybody, that's that's big bank. Oh, that's 0:19:15.680 --> 0:19:16.400 big banks. 0:19:17.040 --> 0:19:20.480 You know what's funny about banks is banks actually like 0:19:20.680 --> 0:19:25.280 let's say, like Glass, you go to get to go 0:19:25.359 --> 0:19:27.520 to a bank and open up a bank account, so 0:19:27.600 --> 0:19:30.040 you give them your hundred dollars, right, because that's what 0:19:30.080 --> 0:19:32.320 they want you to do to start. They take you 0:19:32.359 --> 0:19:34.280 a hundred dollars and put it in the stock market 0:19:34.320 --> 0:19:36.880 and make money off of it. And that's how they're 0:19:36.920 --> 0:19:40.240 able to actually make the money to actually land out. 0:19:40.760 --> 0:19:42.120 And if you notice, like if you. 0:19:42.119 --> 0:19:44.200 Go to a bank, try to go to a bank 0:19:44.320 --> 0:19:46.399 right now and take out a hundred thousand dollars and 0:19:47.119 --> 0:19:51.640 watch them tell you, hey, oh, it'll be ready for 0:19:51.720 --> 0:19:53.000 you on Tuesday. 0:19:53.119 --> 0:19:54.080 We have to order it. 0:19:54.600 --> 0:19:59.600 And there's a relationship also between the Federal Reserve and 0:19:59.680 --> 0:20:02.639 those That's why you see there's the FED rate and 0:20:02.680 --> 0:20:05.160 then there's the retail interest rate. There's a delta there 0:20:05.680 --> 0:20:08.359 and they have to have a certain amount of cash holdings, 0:20:08.680 --> 0:20:11.879 and that's why you'll see like some politician got introlled 0:20:11.920 --> 0:20:16.560 because he didn't declare why he was taking his own 0:20:16.600 --> 0:20:20.560 cash out of his own account, which not a crime, 0:20:20.880 --> 0:20:22.439 but they want to know. 0:20:23.840 --> 0:20:29.040 No, yeah, you know politicians though, politicians actually owe us. 0:20:29.119 --> 0:20:31.920 What they make a year, where their money go, meant 0:20:31.960 --> 0:20:33.560 where their money is going, and everything else. 0:20:33.600 --> 0:20:36.359 Because I tried to run for local government here and 0:20:36.400 --> 0:20:38.159 they pulled me to the side and say, you know, 0:20:38.160 --> 0:20:40.080 you're going to have to declare all your money and 0:20:40.160 --> 0:20:42.640