1
00:00:01,240 --> 00:00:01,600
Speaker 1: Earners.

2
00:00:01,639 --> 00:00:02,000
Speaker 2: What's up.

3
00:00:02,080 --> 00:00:04,560
Speaker 3: You ever walk into a small business and everything just

4
00:00:04,720 --> 00:00:07,880
Speaker 3: works like The checkout is fast, the receipts are digital,

5
00:00:08,400 --> 00:00:11,399
Speaker 3: tipping is a breeze, and you're out the door before

6
00:00:11,400 --> 00:00:15,560
Speaker 3: the line even builds. Odds are they're using Square. We

7
00:00:15,720 --> 00:00:18,280
Speaker 3: love supporting businesses that run on Square because it just

8
00:00:18,280 --> 00:00:21,520
Speaker 3: feels seamless. Whether it's a local coffee shop, a vendor

9
00:00:21,560 --> 00:00:23,840
Speaker 3: at a pop up market, or even one of our

10
00:00:23,880 --> 00:00:27,560
Speaker 3: merch partners, Square makes it easy for them to take payments,

11
00:00:27,760 --> 00:00:31,480
Speaker 3: manage inventory, and run their business with confidence, all from

12
00:00:31,600 --> 00:00:35,000
Speaker 3: one simple system. If you're a business owner or even

13
00:00:35,080 --> 00:00:38,600
Speaker 3: just thinking about launching something soon, Square is hands down

14
00:00:38,640 --> 00:00:41,680
Speaker 3: one of the best tools out there to help you start, run,

15
00:00:41,920 --> 00:00:45,240
Speaker 3: and grow. It's not just about payments, it's about giving

16
00:00:45,240 --> 00:00:47,519
Speaker 3: you time back so you can focus.

17
00:00:47,159 --> 00:00:48,760
Speaker 2: On what matters most Ready.

18
00:00:48,760 --> 00:00:52,159
Speaker 3: To see how Square can transform your business, visit Square

19
00:00:52,240 --> 00:00:56,760
Speaker 3: dot com backslash go backslash eyl to learn more that

20
00:00:56,960 --> 00:01:02,400
Speaker 3: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate.

21
00:01:02,520 --> 00:01:04,880
Speaker 3: Let's Square handle the back end so you can keep

22
00:01:04,920 --> 00:01:11,000
Speaker 3: pushing your vision forward. This episode is brought to you

23
00:01:11,040 --> 00:01:13,320
Speaker 3: by P and C Bank, a lot of people think

24
00:01:13,360 --> 00:01:17,240
Speaker 3: podcasts about work are boring, and sure they definitely can be,

25
00:01:17,760 --> 00:01:21,000
Speaker 3: But understanding of professionals routine shows us how they achieve

26
00:01:21,080 --> 00:01:25,280
Speaker 3: their success little by little, day after day. It's like

27
00:01:25,360 --> 00:01:28,160
Speaker 3: banking with P and C Bank. It might seem boring

28
00:01:28,160 --> 00:01:31,000
Speaker 3: to save, plan and make calculated decisions with your bank,

29
00:01:31,440 --> 00:01:33,920
Speaker 3: but keeping your money boring is what helps you live

30
00:01:34,080 --> 00:01:38,080
Speaker 3: or more happily fulfilled life. P and C Bank Brilliantly

31
00:01:38,160 --> 00:01:42,720
Speaker 3: Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty

32
00:01:42,720 --> 00:01:46,000
Speaker 3: five is a service mark of the PNC Financial Service Group, Inc.

33
00:01:46,480 --> 00:01:49,840
Speaker 3: P and C Bank National Association Member FDIC.

34
00:01:51,840 --> 00:01:54,040
Speaker 4: For anyone who may be watching right now and they're like, Okay,

35
00:01:54,080 --> 00:01:56,800
Speaker 4: with all this doom and gloom, what's the point if

36
00:01:56,840 --> 00:02:00,000
Speaker 4: the system is read, can we give them a conclude

37
00:02:00,400 --> 00:02:03,120
Speaker 4: answer about why you still have to invest despite of

38
00:02:03,160 --> 00:02:06,200
Speaker 4: the conditions we may face in roadblocks that may be

39
00:02:06,200 --> 00:02:06,720
Speaker 4: thrown away.

40
00:02:07,080 --> 00:02:08,720
Speaker 5: I mean, it's the only option, Like he said, you know,

41
00:02:08,800 --> 00:02:10,600
Speaker 5: the only three ways to get the bill Welk in

42
00:02:10,600 --> 00:02:13,120
Speaker 5: his country is is real estate, stocks.

43
00:02:13,080 --> 00:02:13,640
Speaker 1: And business.

44
00:02:13,760 --> 00:02:18,480
Speaker 5: You noticed he didn't say working a job, saving. He

45
00:02:18,520 --> 00:02:21,120
Speaker 5: didn't say any of that. So at the end of

46
00:02:21,160 --> 00:02:26,400
Speaker 5: the day, Republican, Democrat, independent, doesn't matter. If your goal

47
00:02:26,480 --> 00:02:28,760
Speaker 5: is to have financial freedom, which people that watch just

48
00:02:28,800 --> 00:02:32,160
Speaker 5: show that's usually their goal. You have to invest. That's

49
00:02:32,160 --> 00:02:35,400
Speaker 5: the only the only way. It's the only way to

50
00:02:35,440 --> 00:02:37,720
Speaker 5: have financial freedom. Now, you're still going to have other

51
00:02:37,760 --> 00:02:41,320
Speaker 5: issues in life, but this show is focused on financial freedom.

52
00:02:41,360 --> 00:02:43,680
Speaker 5: So yeah, with that being said, at least me to

53
00:02:43,720 --> 00:02:47,359
Speaker 5: my next question. Beyond stocks, what are some alternative sources

54
00:02:47,360 --> 00:02:52,880
Speaker 5: of income for those looking to invest heavily while moving

55
00:02:53,000 --> 00:02:55,720
Speaker 5: beyond a traditional nine to five job.

56
00:02:56,360 --> 00:02:57,959
Speaker 1: I mean, we just talked to hit the nail on

57
00:02:58,000 --> 00:02:58,240
Speaker 1: the head.

58
00:02:58,280 --> 00:03:01,560
Speaker 4: You have to build a business or build something that

59
00:03:01,560 --> 00:03:02,280
Speaker 4: that you're best.

60
00:03:02,080 --> 00:03:02,480
Speaker 1: In the world.

61
00:03:02,639 --> 00:03:04,640
Speaker 4: I know it's not an answer that everyone loves, but

62
00:03:04,760 --> 00:03:09,679
Speaker 4: even when we're talking yesterday about networking tips, a keep

63
00:03:09,680 --> 00:03:12,160
Speaker 4: your pitch down to ten seconds because it's going to

64
00:03:12,160 --> 00:03:15,519
Speaker 4: be people meeting all day, all night. But when you're

65
00:03:15,520 --> 00:03:17,560
Speaker 4: looking to build a business, what can you do that

66
00:03:17,680 --> 00:03:20,560
Speaker 4: someone else in the world is not able to do?

67
00:03:20,600 --> 00:03:22,640
Speaker 4: You want to enter a field that doesn't have a

68
00:03:22,680 --> 00:03:25,360
Speaker 4: ton of competition. So like when chat GPT came onto

69
00:03:25,400 --> 00:03:29,840
Speaker 4: the scene, they have more competitors now, but for seventy

70
00:03:29,840 --> 00:03:31,760
Speaker 4: five years they were trying to make something like that.

71
00:03:31,800 --> 00:03:33,600
Speaker 1: They were the ones that were able to execute it.

72
00:03:33,720 --> 00:03:36,600
Speaker 4: Google, who dropped the fucking ball, were supposed to have

73
00:03:36,680 --> 00:03:38,560
Speaker 4: come out with something like this eight years ago.

74
00:03:38,680 --> 00:03:40,760
Speaker 1: They didn't do it. What can you build?

75
00:03:40,800 --> 00:03:43,920
Speaker 4: What resource can you give to your community, to the

76
00:03:43,920 --> 00:03:46,360
Speaker 4: world that no one else can do, and then you'll

77
00:03:46,360 --> 00:03:48,040
Speaker 4: get a win fall from there. You have to build

78
00:03:48,280 --> 00:03:52,080
Speaker 4: a business or help someone build theirs. So going back

79
00:03:52,080 --> 00:03:56,400
Speaker 4: to the CEO of Starbucks, now, his skill set is

80
00:03:56,440 --> 00:03:58,600
Speaker 4: so valuable that it's worth paying them one hundred and

81
00:03:58,640 --> 00:04:03,920
Speaker 4: thirteen million dollars and conversation to help resurrect Starbucks from

82
00:04:03,960 --> 00:04:05,760
Speaker 4: where they are now to where.

83
00:04:05,560 --> 00:04:06,080
Speaker 1: They should be.

84
00:04:06,800 --> 00:04:09,840
Speaker 4: So be so valuable that you can increase the evaluation

85
00:04:09,960 --> 00:04:11,720
Speaker 4: of a company. That's the only way you have to

86
00:04:11,720 --> 00:04:12,480
Speaker 4: build a business.

87
00:04:12,920 --> 00:04:13,280
Speaker 1: Have to.

88
00:04:17,000 --> 00:04:21,960
Speaker 2: Know more to it. That's it.

89
00:04:22,080 --> 00:04:24,760
Speaker 4: Work on your craft every day. I keep stressing this

90
00:04:26,200 --> 00:04:28,279
Speaker 4: be genuine and the people that you meet. But people

91
00:04:28,320 --> 00:04:31,600
Speaker 4: can feel if you worked on your craft when you're pitching,

92
00:04:31,920 --> 00:04:34,040
Speaker 4: like we'll talk about it, but you're like, hey, what

93
00:04:34,040 --> 00:04:35,640
Speaker 4: can I do to get better? You guys have the

94
00:04:35,640 --> 00:04:38,799
Speaker 4: conversation when Nick Cannon is like, hey, do there's networking

95
00:04:38,839 --> 00:04:41,560
Speaker 4: matter more being great at your craft. The answer is both.

96
00:04:41,960 --> 00:04:44,559
Speaker 4: But if you're not great at it, the connection doesn't matter.

97
00:04:45,960 --> 00:04:47,680
Speaker 4: It doesn't matter. Can you put up points on the

98
00:04:47,720 --> 00:04:50,160
Speaker 4: board when you get the ball in your proverbial court?

99
00:04:50,640 --> 00:04:52,479
Speaker 2: Can you continuously put points up on the board?

100
00:04:52,760 --> 00:04:53,440
Speaker 1: Absolutely?

101
00:04:53,920 --> 00:04:58,479
Speaker 3: And the crunch time, Yeah, it's important because I mean

102
00:04:58,720 --> 00:05:02,839
Speaker 3: each person is has a subjective opinion, and so is

103
00:05:02,880 --> 00:05:04,960
Speaker 3: your message is going to be consistent every time?

104
00:05:05,160 --> 00:05:07,039
Speaker 2: Are you going to show up every time the same way.

105
00:05:06,880 --> 00:05:10,080
Speaker 1: And the output be consistent? It's important.

106
00:05:10,680 --> 00:05:12,640
Speaker 3: I was gonna say, can we run through some earners

107
00:05:12,640 --> 00:05:16,840
Speaker 3: really quickly? Since we're talking about obviously investing in creating business.

108
00:05:17,120 --> 00:05:18,600
Speaker 3: You tell me what you think about these companies. A

109
00:05:18,600 --> 00:05:21,159
Speaker 3: big week for retail. We got Low's reporting this week,

110
00:05:21,200 --> 00:05:26,160
Speaker 3: we got Target so, Macy's, TJ max Is reporting, we

111
00:05:26,279 --> 00:05:29,520
Speaker 3: got DJ's, Tava's reporting.

112
00:05:29,880 --> 00:05:30,200
Speaker 1: Ross.

113
00:05:30,440 --> 00:05:32,679
Speaker 2: What's your thoughts around retail? I think that they're seeing

114
00:05:32,680 --> 00:05:33,159
Speaker 2: some Upjeck.

115
00:05:35,839 --> 00:05:37,960
Speaker 4: I'm not gonna say uninvestable, but that's not why I

116
00:05:37,960 --> 00:05:39,599
Speaker 4: will put my first set of cash if I have

117
00:05:39,680 --> 00:05:42,880
Speaker 4: some spare cash. I don't want to lie and say

118
00:05:42,920 --> 00:05:45,400
Speaker 4: that they're investable like someone else lies.

119
00:05:45,480 --> 00:05:52,280
Speaker 1: Shout them. But Kava I like Target not so much.

120
00:05:53,400 --> 00:05:56,200
Speaker 1: And also like, okay, what is the interest rate? This

121
00:05:56,279 --> 00:05:57,200
Speaker 1: is a great exercise.

122
00:05:57,839 --> 00:05:59,880
Speaker 4: What is the current interest rate versus what is the

123
00:06:00,000 --> 00:06:01,400
Speaker 4: profit margin at these companies?

124
00:06:03,240 --> 00:06:04,040
Speaker 1: Great exercise.

125
00:06:04,560 --> 00:06:07,880
Speaker 4: So if the profit margin for Target hypothetically is eight

126
00:06:07,920 --> 00:06:11,440
Speaker 4: percent in our interest rate is I don't want that

127
00:06:11,560 --> 00:06:13,080
Speaker 4: kind of thing of of a margin.

128
00:06:13,200 --> 00:06:17,160
Speaker 1: BJ's easy joke. I want to do it.

129
00:06:17,520 --> 00:06:25,880
Speaker 4: Caba like though Ross rosses than that Ross too easy,

130
00:06:26,040 --> 00:06:31,560
Speaker 4: you know what I mean? But Ross Ross I like Kava,

131
00:06:31,800 --> 00:06:32,960
Speaker 4: Like who else is on there?

132
00:06:33,720 --> 00:06:33,840
Speaker 2: Uh?

133
00:06:34,279 --> 00:06:38,840
Speaker 3: TJ Max? TJ Max had a rough quarter, solid solid,

134
00:06:39,240 --> 00:06:43,360
Speaker 3: you know, I'm interest in seeing Snowflake. Snowflake, they got

135
00:06:43,400 --> 00:06:46,160
Speaker 3: beat up last quarter so bad they haven't recovered, dropped

136
00:06:46,160 --> 00:06:48,240
Speaker 3: down to one fifty.

137
00:06:48,480 --> 00:06:50,120
Speaker 2: I'm interested in seeing that. And then one of the

138
00:06:50,800 --> 00:06:52,760
Speaker 2: darlings of the pandemic, Zoom.

139
00:06:52,920 --> 00:06:54,680
Speaker 4: Remember when they said Snowflake was gonna be like the

140
00:06:55,000 --> 00:06:57,920
Speaker 4: no no no no.

141
00:06:57,839 --> 00:07:01,479
Speaker 3: Reality set in for them a bit. Yeah, yeah, yeah,

142
00:07:01,480 --> 00:07:03,320
Speaker 3: it didn't didn't quite deliver it. Where is it's a

143
00:07:03,440 --> 00:07:04,000
Speaker 3: one thirty?

144
00:07:06,120 --> 00:07:09,479
Speaker 1: It was that three ninety eight, Oh baby them coach?

145
00:07:09,600 --> 00:07:12,440
Speaker 3: Yeah, this year was at two thirty two in February

146
00:07:12,680 --> 00:07:17,400
Speaker 3: two thirty two, and it's it took a beating. I

147
00:07:17,440 --> 00:07:19,600
Speaker 3: think it was after the first quarter, second quarter earning

148
00:07:19,600 --> 00:07:21,200
Speaker 3: his report, and it has it.

149
00:07:21,200 --> 00:07:23,080
Speaker 2: It has a recover, that has a recover. So I'm

150
00:07:23,120 --> 00:07:24,880
Speaker 2: interested to see him with how they report.

151
00:07:24,600 --> 00:07:27,160
Speaker 1: Knocked down one hundred and eight bucks over the last

152
00:07:27,200 --> 00:07:27,760
Speaker 1: four years.

153
00:07:28,000 --> 00:07:32,000
Speaker 2: Yeah for ne though, m h yeah, unless the.

154
00:07:32,000 --> 00:07:33,880
Speaker 4: Buffett going to bob a whole bunch of shars and

155
00:07:34,720 --> 00:07:35,640
Speaker 4: merger with Geico.

156
00:07:35,800 --> 00:07:38,720
Speaker 2: But you know, what do you think about Zoom?

157
00:07:39,400 --> 00:07:44,000
Speaker 3: You're talking about one that at its peak it's trying

158
00:07:44,000 --> 00:07:47,720
Speaker 3: to stay above trying to stay around above sixty dollars

159
00:07:47,840 --> 00:07:49,440
Speaker 3: at this point.

160
00:07:49,640 --> 00:07:52,520
Speaker 4: If you're a Zoom, who can you sell to that

161
00:07:52,720 --> 00:07:59,040
Speaker 4: is a great piece of technology but has no use case?

162
00:08:00,120 --> 00:08:03,960
Speaker 4: Even with that, are more people on Zoom or Instagram Live.

163
00:08:05,720 --> 00:08:06,720
Speaker 2: They might have missed the point.

164
00:08:07,880 --> 00:08:12,200
Speaker 4: They should have sold as soon as they got hot.

165
00:08:12,240 --> 00:08:13,760
Speaker 4: I would have been making every call, just like the

166
00:08:13,800 --> 00:08:17,320
Speaker 4: equity company deal a rock Nation, Hey smurgeral well, where

167
00:08:17,320 --> 00:08:21,640
Speaker 4: you at speaking of which weekend?

168
00:08:23,320 --> 00:08:23,520
Speaker 5: Oh?

169
00:08:24,160 --> 00:08:29,040
Speaker 4: Yeah, but Zoom uninvestible.

170
00:08:30,040 --> 00:08:31,200
Speaker 1: Shout to the management CEO.

171
00:08:31,320 --> 00:08:33,760
Speaker 5: But we have we have to Actually, I'm glad you

172
00:08:33,760 --> 00:08:35,640
Speaker 5: said this. We have to be fair about this situation.

173
00:08:35,720 --> 00:08:36,520
Speaker 1: I did speak to.

174
00:08:38,000 --> 00:08:42,520
Speaker 5: Dang dash who you know, you know, we reported something

175
00:08:42,760 --> 00:08:46,960
Speaker 5: that everybody reported last week when it was actually a

176
00:08:46,960 --> 00:08:53,800
Speaker 5: teachable moment when Rock a fella well reasonable doubt. He

177
00:08:53,840 --> 00:08:56,480
Speaker 5: has a judge thing that's a judgment to sell reasonable

178
00:08:56,520 --> 00:09:00,319
Speaker 5: doubt and jay Z's lawyer, so it's been going on auction,

179
00:09:00,400 --> 00:09:03,319
Speaker 5: but jay Z's lawyer or Rock Nations lawyer put his

180
00:09:03,400 --> 00:09:08,640
Speaker 5: statement out saying that whoever buys it is going to

181
00:09:08,679 --> 00:09:13,440
Speaker 5: revert back to jay Z in twenty thirty. Essentially, you

182
00:09:13,440 --> 00:09:15,480
Speaker 5: know you're discouraging people from buying it by the same

183
00:09:15,520 --> 00:09:27,160
Speaker 5: point in that statement, for sure. So is that something

184
00:09:27,720 --> 00:09:29,680
Speaker 5: because it's like eight hundred thousand dollars, right, It's not

185
00:09:29,720 --> 00:09:35,880
Speaker 5: like it's eight hundred million dollars, right, Yeah, So is

186
00:09:37,160 --> 00:09:39,240
Speaker 5: how do you feel about that? How do you what

187
00:09:39,640 --> 00:09:42,240
Speaker 5: that's something that you would do? How do you feel?

188
00:09:42,280 --> 00:09:44,760
Speaker 5: What do you what do you answer? How do you

189
00:09:44,520 --> 00:09:46,520
Speaker 5: what do you think? As far as in the in

190
00:09:46,640 --> 00:09:48,280
Speaker 5: the yeah, you're understands.

191
00:09:49,040 --> 00:09:50,120
Speaker 2: What side of the colony is you on?

192
00:09:51,960 --> 00:09:56,080
Speaker 5: If side of truth, the side of if he was

193
00:09:56,120 --> 00:09:59,079
Speaker 5: the person that was had the judgment, No, the other

194
00:09:59,120 --> 00:10:00,920
Speaker 5: side of the person you're on a judgment? You know,

195
00:10:00,960 --> 00:10:02,360
Speaker 5: you know you're not in the position doing anything for

196
00:10:02,360 --> 00:10:03,240
Speaker 5: the president, who was going to.

197
00:10:03,240 --> 00:10:05,880
Speaker 4: Revert to okay, gotcha, I was actually because you know,

198
00:10:06,920 --> 00:10:09,400
Speaker 4: Joseph was talking about buying it, right, I think we

199
00:10:09,559 --> 00:10:11,240
Speaker 4: should buy them off a dame and given to Hope,

200
00:10:12,120 --> 00:10:15,600
Speaker 4: and we should do what buy the master off a

201
00:10:15,679 --> 00:10:21,080
Speaker 4: day friend and give them the whole. Why would we

202
00:10:21,120 --> 00:10:23,360
Speaker 4: do that relationship?

203
00:10:24,679 --> 00:10:25,920
Speaker 5: You know what I'm saying, Why would you give it?

204
00:10:25,960 --> 00:10:28,439
Speaker 5: If you buy it, why would you give it?

205
00:10:28,520 --> 00:10:29,880
Speaker 4: Well, how much money you think you'll be able to

206
00:10:29,920 --> 00:10:32,080
Speaker 4: make off of it in a six year period? I

207
00:10:32,120 --> 00:10:34,480
Speaker 4: think the return on investment on a relationship probably ten

208
00:10:34,520 --> 00:10:39,520
Speaker 4: next if they bought Manhattan for twenty four dudges.

209
00:10:39,679 --> 00:10:41,200
Speaker 2: They don't take me as those type of guys.

210
00:10:41,200 --> 00:10:41,400
Speaker 1: Though.

211
00:10:42,720 --> 00:10:47,080
Speaker 4: If it was me buying a flat out, would I

212
00:10:47,360 --> 00:10:49,720
Speaker 4: to have rights to it for five or six years?

213
00:10:50,200 --> 00:10:50,360
Speaker 1: No?

214
00:10:51,000 --> 00:10:53,680
Speaker 4: Once again, going back to the conversation we had privately,

215
00:10:54,280 --> 00:10:57,280
Speaker 4: I don't want to make it enemy out of anybody

216
00:10:57,320 --> 00:10:58,040
Speaker 4: on that side.

217
00:10:58,720 --> 00:11:00,800
Speaker 2: Yeah, and then you don't touch it.

218
00:11:01,040 --> 00:11:03,040
Speaker 1: I mean, you know it's one because he like you know,

219
00:11:03,280 --> 00:11:04,199
Speaker 1: he's uninvestable.

220
00:11:04,640 --> 00:11:07,840
Speaker 4: By making that statement, he almost gave a declaration of

221
00:11:07,880 --> 00:11:10,640
Speaker 4: war to say you only have five years anyway, but

222
00:11:10,960 --> 00:11:12,960
Speaker 4: five or six years, but those five sec years can

223
00:11:13,080 --> 00:11:15,720
Speaker 4: be Lawyers don't even make those.

224
00:11:15,600 --> 00:11:21,200
Speaker 1: Statements normally run back to Sean anyway, what Yeah.

225
00:11:21,840 --> 00:11:23,560
Speaker 2: Unless you don't want to you know, you don't want

226
00:11:23,600 --> 00:11:24,880
Speaker 2: eck where you go to the prison.

227
00:11:25,480 --> 00:11:26,959
Speaker 1: So yeah, I mean, you know, he he he.

228
00:11:27,800 --> 00:11:29,559
Speaker 5: I think he's looking at from a standpoint of he's

229
00:11:29,559 --> 00:11:31,760
Speaker 5: saying that, and he said this before, like you know

230
00:11:31,840 --> 00:11:39,760
Speaker 5: that the bylaws were changed and the potential sale originally

231
00:11:39,760 --> 00:11:40,920
Speaker 5: it was supposed to be it was supposed to be

232
00:11:41,000 --> 00:11:43,600
Speaker 5: valued at twenty million, ten to twenty million, So how

233
00:11:43,640 --> 00:11:46,200
Speaker 5: does it come to only eight hundred thousand? And then

234
00:11:46,280 --> 00:11:48,839
Speaker 5: putting that statement out actually lowers the value even more

235
00:11:49,120 --> 00:11:51,920
Speaker 5: to the point where I don't know what the market

236
00:11:51,960 --> 00:11:54,440
Speaker 5: value is now or maybe one hundred thousand maybe who knows.

237
00:11:54,800 --> 00:11:58,320
Speaker 5: You know, it's uh so, I guess the question would

238
00:11:58,320 --> 00:12:01,480
Speaker 5: be what would be the motive for doing that? I

239
00:12:01,480 --> 00:12:04,120
Speaker 5: guess that's that's the mind frame that he would kind

240
00:12:04,120 --> 00:12:05,680
Speaker 5: of go in. It's like, what would be the motive

241
00:12:06,200 --> 00:12:11,959
Speaker 5: of somebody doing that? Other then you know, devaluate it to.

242
00:12:11,920 --> 00:12:16,079
Speaker 4: Hurt, to devaluate it and then destroy completely because if

243
00:12:16,080 --> 00:12:21,480
Speaker 4: I make it uninvestable, or not a wise investment and

244
00:12:21,600 --> 00:12:25,079
Speaker 4: is it going to revert back to jay z anyway

245
00:12:25,960 --> 00:12:29,280
Speaker 4: is to drive the buyer's market. No different if you

246
00:12:29,280 --> 00:12:32,840
Speaker 4: have a condom enemies, like, well it's contaminated with lead.

247
00:12:33,040 --> 00:12:35,880
Speaker 4: Of course you're going to devalue the property for what

248
00:12:35,920 --> 00:12:36,520
Speaker 4: it could go for.

249
00:12:38,480 --> 00:12:40,040
Speaker 3: That's on the sale of it. But if there's a

250
00:12:40,120 --> 00:12:42,520
Speaker 3: judgment on the side of it, doesn't that change it? Right,

251
00:12:42,600 --> 00:12:45,400
Speaker 3: Like in the sense of it if it doesn't sell

252
00:12:45,400 --> 00:12:47,480
Speaker 3: at that value, right if the judgments for eight hundred thousand,

253
00:12:47,480 --> 00:12:49,080
Speaker 3: and now the value of that is going down to

254
00:12:49,160 --> 00:12:51,920
Speaker 3: let's say, if it's one, there's still seven hundred thousand

255
00:12:51,920 --> 00:12:53,160
Speaker 3: that needs to be made on that judgment.

256
00:12:53,760 --> 00:12:58,680
Speaker 1: That hurts him, right, that hurts him design So it's.

257
00:12:58,559 --> 00:13:00,880
Speaker 5: Like looking like, why would you want to hurt me

258
00:13:01,920 --> 00:13:04,040
Speaker 5: more than I've already suffered?

259
00:13:04,200 --> 00:13:04,360
Speaker 1: Right?

260
00:13:04,440 --> 00:13:07,600
Speaker 5: Like you if you have to pay eight hundred thousand,

261
00:13:07,960 --> 00:13:11,240
Speaker 5: and your asset, your only asset that you have, could

262
00:13:11,320 --> 00:13:13,480
Speaker 5: potentially sell for eight hundred thousand, that'll get you out

263
00:13:13,480 --> 00:13:16,360
Speaker 5: the clear. But now if that asset is deemed worthless,

264
00:13:16,440 --> 00:13:19,240
Speaker 5: you still owe eight hundred thousand. So now it's just

265
00:13:19,280 --> 00:13:20,560
Speaker 5: puts you in a pibbow.

266
00:13:20,760 --> 00:13:21,760
Speaker 2: A different situation here.

267
00:13:21,800 --> 00:13:23,600
Speaker 5: Now you got to try to figure out where're gona

268
00:13:23,600 --> 00:13:25,439
Speaker 5: get eight hundred thousand from.

269
00:13:26,120 --> 00:13:29,280
Speaker 4: This reminds me a lot of warm Buffett Lehman situation

270
00:13:29,400 --> 00:13:31,520
Speaker 4: in two thousand and eight. I'll say the economy. But

271
00:13:31,720 --> 00:13:36,040
Speaker 4: as a result, something has to fall apart that I

272
00:13:36,080 --> 00:13:36,880
Speaker 4: want to fall apart.

273
00:13:38,120 --> 00:13:42,079
Speaker 2: So he's saying we should call Jamie Diamond. He got

274
00:13:42,080 --> 00:13:44,719
Speaker 2: the answer, let me come save you all.

275
00:13:45,480 --> 00:13:45,720
Speaker 1: Yes.

276
00:13:46,320 --> 00:13:49,960
Speaker 6: An illegal alien from Guatemala charged with raping a child

277
00:13:50,040 --> 00:13:53,839
Speaker 6: in Massachusetts. An MS thirteen gang member from El Salvador

278
00:13:54,080 --> 00:13:58,199
Speaker 6: accused of murdering a Texas man of Venezuelan charged with

279
00:13:58,280 --> 00:14:02,160
Speaker 6: filming and selling child graphy in Michigan. These are just

280
00:14:02,280 --> 00:14:06,040
Speaker 6: some of the heinous migrant criminals caught because of President

281
00:14:06,080 --> 00:14:09,600
Speaker 6: Donald J. Trump's leadership. I'm Christy Noman, the United States

282
00:14:09,679 --> 00:14:14,480
Speaker 6: Secretary of Homeland Security. Under President Trump, attempted illegal border

283
00:14:14,520 --> 00:14:18,040
Speaker 6: crossings are at the lowest levels ever recorded, and over

284
00:14:18,120 --> 00:14:21,320
Speaker 6: one hundred thousand illegal aliens have been arrested. If you

285
00:14:21,400 --> 00:14:25,240
Speaker 6: are here illegally, your next you will be fine nearly

286
00:14:25,360 --> 00:14:29,360
Speaker 6: one thousand dollars a day, imprisoned and deported, you will

287
00:14:29,400 --> 00:14:33,040
Speaker 6: never return. But if you register using our CBP home

288
00:14:33,080 --> 00:14:36,480
Speaker 6: app and leave now you could be allowed to return legally.

289
00:14:36,840 --> 00:14:41,560
Speaker 6: Do what's right. Leave now. Under President Trump America's laws,

290
00:14:41,760 --> 00:14:44,200
Speaker 6: border and families will be protected.

291
00:14:44,280 --> 00:14:46,440
Speaker 1: Sponsored by the United States Department of Homeland Security,