WEBVTT - Study Hall: SOCIALLY RESPONSIBLE INVESTING

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<v Speaker 2>Get into it all right, So now we're going to

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<v Speaker 2>go into investing. That's what that's what we You know,

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<v Speaker 2>people always tune into shots Market Monday's number one stocks

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<v Speaker 2>a whole vib Shout out to wall she Chaff of

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<v Speaker 2>bro shout out to everybody that we had on the

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<v Speaker 2>show to talk about investing. Shout out to Quentin Martin.

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<v Speaker 2>The first stock market show that we've ever done. That

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<v Speaker 2>was over year ago, so we talked about investing a lot, right,

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<v Speaker 2>But it's just like now we're in the time of

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<v Speaker 2>being socially conscious. We're in the time of actually you know,

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<v Speaker 2>and it does. Everybody's not socially conscious, but I'm just

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<v Speaker 2>saying as far as a lot of people are starting

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<v Speaker 2>to become socially conscious. So a lot of people grapple

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<v Speaker 2>because we do. We did a show last weeks shout

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<v Speaker 2>out the my song about you know the prison system ye,

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<v Speaker 2>and it's like, all right, you know what I mean,

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<v Speaker 2>Like I don't feel comfortable investing in being companies that

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<v Speaker 2>invested in prison or it's like now it's police brutality

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<v Speaker 2>and find out there's a whole financial play behind that.

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<v Speaker 3>I think. I think that was so opened the doors

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<v Speaker 3>because like a lot of people didn't even realize that.

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<v Speaker 3>And shout out to my song because I see him

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<v Speaker 3>on the field and he was in Kentucky with the

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<v Speaker 3>Breonna Taylor case and now he's in Minnesota with the

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<v Speaker 3>George Floyd case too, So shout out to my song,

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<v Speaker 3>who's doing incredible work.

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<v Speaker 2>Shout out to my song for sure. So all right,

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<v Speaker 2>one thing that we have not talked about so far

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<v Speaker 2>in the podcast is socially responsible investing. That's all right, Yes,

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<v Speaker 2>socially responsible investing. So this is an interesting conversation because

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<v Speaker 2>it's actually a really big thing and it's been around

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<v Speaker 2>for a very long period of time. But so there

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<v Speaker 2>are investors right that have social hang ups about different things,

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<v Speaker 2>whether it be about the environment, whether it be about tobacco,

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<v Speaker 2>whether it be about gambling, whether it be about war

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<v Speaker 2>or another one, weapons of mass destruction, prison companies that

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<v Speaker 2>benefit off of prison, health, health.

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<v Speaker 3>Care, anybody invested in tobacco, alcohol.

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<v Speaker 2>Women, a bunch of different things that people. So it's

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<v Speaker 2>like a lot of times just like you know, some

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<v Speaker 2>people and I'm not taking this out either way. Some

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<v Speaker 2>people's like, you know, I'm gonna invest and just get

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<v Speaker 2>my bread, get my money, and it is what it is.

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<v Speaker 2>And then some people was like, you know, I kind

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<v Speaker 2>of want to still invest make money. I believe in that,

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<v Speaker 2>but I still have some moral issues.

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<v Speaker 3>Ther moral compass is going on that I.

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<v Speaker 2>Don't necessarily want to invest in certain companies.

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<v Speaker 3>That's fair.

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<v Speaker 2>Yeah, no, I'm not saying it's not so for that,

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<v Speaker 2>they're actually funds. There's actually funds now that I said that. Financially,

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<v Speaker 2>when you start to learn about more about everything, it's

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<v Speaker 2>something it's like ice cream. There's a different flavor for

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<v Speaker 2>every single person. So there's actually funds, ETFs and mutual

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<v Speaker 2>funds in place to four socially conscious investors.

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<v Speaker 3>Yeah, I had to put back the layers on this

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<v Speaker 3>because I was like, what you texted to me. I'm like,

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<v Speaker 3>I never heard of it. Let's do some research.

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<v Speaker 2>Yeah, for sure. So you know, there's there's a few.

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<v Speaker 2>Like I said, So those are the different topics like environment, gambling, tobacco, alcohol, prison,

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<v Speaker 2>social justice, and religion. That's a whole dif conversations. We're

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<v Speaker 2>gonna talk about that, but so just to kind of

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<v Speaker 2>give you a few, there's esgu esgu Is an ETF,

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<v Speaker 2>a socially conscious ETF that does not invest in any

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<v Speaker 2>company that has anything to do with weapons, tobacco, jails,

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<v Speaker 2>even though they actually did have a private prison in

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<v Speaker 2>their ETF and then they found out and there was

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<v Speaker 2>a mistake and they kicked it off. So it's like

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<v Speaker 2>even that, it's like you know, you find out you

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<v Speaker 2>try to get the kosher hot dogs, police it was

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<v Speaker 2>made in a in a pig slaughtering house, Like it's

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<v Speaker 2>so crazy, but so yeah, but yeah, that's a ETF,

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<v Speaker 2>and that ETF has actually done pretty well, you know,

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<v Speaker 2>considering because a lot of a lot of times the

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<v Speaker 2>performance of these things aren't as high as other ones,

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<v Speaker 2>but that one has done pretty well. It's fifty two

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<v Speaker 2>week high is seventy five dollars, and it's fifty two

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<v Speaker 2>weeks low was forty dollars a month ago, so March

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<v Speaker 2>was forty dollars right now with sixty eight, so it's

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<v Speaker 2>it's it's up pretty nicely and in a two in

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<v Speaker 2>a two month timeframe. Another one is s s g A,

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<v Speaker 2>which is a women diversity ETF and like investing companies

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<v Speaker 2>that hire majority women or have women CEOs, it's like

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<v Speaker 2>it's focused around women. There's another one called c r

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<v Speaker 2>b N which is a low carbon environmental friendly ETF.

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<v Speaker 2>So there's there's a variety. Like you can just google

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<v Speaker 2>socially conscious funds and like kind of just play around

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<v Speaker 2>with it in different filters and you can see, like,

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<v Speaker 2>you know, what kind of fun you're looking for, you know,

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<v Speaker 2>with the situation.

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<v Speaker 3>It's interesting. It's interesting because I'm thinking to myself, like,

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<v Speaker 3>how many investors, right, are not willing to compromise their

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<v Speaker 3>values to make money? And when you when I think

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<v Speaker 3>of investors, I'm like, you know what, I think the

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<v Speaker 3>more the moral thing is like, they just want to

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<v Speaker 3>make money. Yeah, they don't put everything else. I think.

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<v Speaker 2>I think you know, people and myself included. You know,

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<v Speaker 2>I'm not preaching from the choir. We can conveniently get blind, right,

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<v Speaker 2>conveniently get blind. So it's like, you know what I'm saying,

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<v Speaker 2>Like you might see something. It's like it's not that bad.

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<v Speaker 3>It's like like if you were anti war, right, and

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<v Speaker 3>it was like, yeah, bone's at ninety seven dollars, right,

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<v Speaker 3>But I don't want to invest in any company that

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<v Speaker 3>has deals with any making machines or any type of

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<v Speaker 3>thing that could help in the development of weapons of

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<v Speaker 3>mass destruction or helping war. There goes that morale. It's like, wait,

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<v Speaker 3>well this is a good buy, right, this is a

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<v Speaker 3>good buy at ninety seven dollars. Is it worth it?

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<v Speaker 3>You know what I'm saying, Like, I think most people think,

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<v Speaker 3>let's just make money.

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<v Speaker 2>Oh, they just don't really think about it. You thinking

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<v Speaker 2>about it from that under standpoint, It's like, yeah, you

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<v Speaker 2>know Boeing has government contracts. Are you thinking that maybe

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<v Speaker 2>that government plane is sending a drone and killing an

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<v Speaker 2>innocent child in Syria? You're not really looking too far

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<v Speaker 2>into it. You could. It's available, but it's a lot,

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<v Speaker 2>it's a lot easier to turn the blind and just turnable.

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<v Speaker 2>This is what happens in a variety of different things. Yeah,

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<v Speaker 2>you don't you don't want to see certain things. Like

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<v Speaker 2>you you're walking down the alley, you see what's going on,

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<v Speaker 2>you turn your you turn around, and you walked the

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<v Speaker 2>out of.

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<v Speaker 3>The way a lot of times most of the time,

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<v Speaker 3>most of the time, I mean for your own safety

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<v Speaker 3>a lot of time.

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<v Speaker 2>And like I said, I'm not here to shame. We're

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<v Speaker 2>not here to shame anybody.

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<v Speaker 3>Nah.

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<v Speaker 2>But but I'm just saying, I'm just you just want

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<v Speaker 2>to provide some information for some people that may want

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<v Speaker 2>to take a higher level of morality in that in

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<v Speaker 2>that standpoint, and may want to take a higher level

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<v Speaker 2>of weeding out their investments. Just give them, Just give them.

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<v Speaker 2>That's the thing we just had to just provide information.

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<v Speaker 2>A lot of time people don't fully understand that. They

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<v Speaker 2>don't they don't they don't even know that it exist exactly.

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<v Speaker 3>So it's like a lot of people in this I

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<v Speaker 3>guess the quote unquote woke stage right. So it's like, yo,

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<v Speaker 3>if you're woke, let it be in all assets of

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<v Speaker 3>your life, right, not just in your individual things that

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<v Speaker 3>you're doing on day to day, but even in your investment.

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<v Speaker 3>And this is one of those things like like you said,

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<v Speaker 3>prior to this, I wasn't thinking about it. I had

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<v Speaker 3>no idea.

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<v Speaker 2>So and then that brings it to another conversation we

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<v Speaker 2>talked to John again. Shout to my son. Last week's

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<v Speaker 2>episode was about the prison system. We didn't fully go

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<v Speaker 2>into the finances of publicly traded companies, but so there's

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<v Speaker 2>prison stocks, like private prison companies that are traded on

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<v Speaker 2>the Stock Exchange. So a few of them are cor Civic,

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<v Speaker 2>which is c x W and g O Group which

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<v Speaker 2>is g E. Oh that's their that's their symbol.

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<v Speaker 3>The crazy thing about cor Civic and this is crazy

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<v Speaker 3>that you said that we don't even speak about this,

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<v Speaker 3>but dal Freeman shout out to Dala Feman. If you

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<v Speaker 3>don't know Dalla Freeman. Google him. I don't tell you

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<v Speaker 3>his background, but a very very successful man in the

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<v Speaker 3>world of technology. Uh. He called me. He said, y'all

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<v Speaker 3>loved that episode. Uh, the actual the CEO of Courcific

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<v Speaker 3>is my next door neighbor.

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<v Speaker 2>Oh yeah.

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<v Speaker 3>He was like, Yo, it's a big business and I'm

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<v Speaker 3>glad y'all talked to me episode. Yep, loved it. Sent

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<v Speaker 3>me the message and that. I was like, wow, that's incredible.

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<v Speaker 3>He was like, yeah, it's a big business. It's a city. Literally.

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<v Speaker 3>You got to think of these prisons, these private business

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<v Speaker 3>as cities. They need everything that a city needs. And

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<v Speaker 3>when you look at it like that, it's like damn.

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<v Speaker 3>He's right. Yeah, and his next door neighbor is the

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<v Speaker 3>guy who is in charge of that.

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<v Speaker 2>Well, there you have it. So yeah, those are two

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<v Speaker 2>private prison companies. Now. The crazy thing about those stocks,

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<v Speaker 2>so it's been even on that episode, my song had

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<v Speaker 2>said that private prison stocks skyrocketed after Trump got elected.

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<v Speaker 2>That is true. Both of those companies are think one

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<v Speaker 2>up over one hundred percent in the year following Trump's election,

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<v Speaker 2>but they've actually been down for the last like three

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<v Speaker 2>year and four Like their five year chart is not

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<v Speaker 2>really impressive, which is a good thing. I mean, you know,

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<v Speaker 2>but just wanted to throw that out there. We have

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<v Speaker 2>to tell both sides of the story. So as an investment,

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<v Speaker 2>they haven't really they're not booming. They're not booming right now.

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<v Speaker 3>Which is good, which is good, which means that there's

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<v Speaker 3>less people going to prison.

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<v Speaker 2>Well, I don't know if there's less people going to prison.

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<v Speaker 2>But for whatever reason, the stock is just not doing well.

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<v Speaker 2>There could be a variety of different reasons why this

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<v Speaker 2>stock isn't doing well, but the stock is not really performed.

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<v Speaker 2>But what a lot of people don't fully understand is

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<v Speaker 2>that a lot of people are invested in especially cor Civic.

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<v Speaker 2>Up until last year, at the very least, a lot

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<v Speaker 2>of people are invested in Corsific without even knowing it

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<v Speaker 2>because through your four one K, through your IRA, through

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<v Speaker 2>your pension plan. So Vanguard and Blackrock were the two

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<v Speaker 2>biggest holders I think they still are of private prisons stocks.

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<v Speaker 2>Black Rock Vanguard two of the biggest mutual fund companies.

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<v Speaker 2>Everybody loves Vanguard because they have you know, It's what

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<v Speaker 2>I'm saying, it's a lot of It's a lot of

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<v Speaker 2>right and wrong in life. Right people love Vanguard because

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<v Speaker 2>it's like it's a no load fund and it's pretty

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<v Speaker 2>much free to invest, and it's it's cheap, and they're

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<v Speaker 2>the biggest hold of prison stocks. By the way, they

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<v Speaker 2>also have a lot of four one K accounts. Black

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<v Speaker 2>Rock has a lot of four one K accounts, right,

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<v Speaker 2>so cour Civic see XW was in a lot of

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<v Speaker 2>these probably still are, and a lot of these four

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<v Speaker 2>to one K make ups because when you invest in

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<v Speaker 2>a four one K, nobody knows what they're invested in.

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<v Speaker 2>The four one K you have probably three like four

0:11:12.600 --> 0:11:13.880
<v Speaker 2>one K is like a menu and they give you

0:11:13.920 --> 0:11:15.880
<v Speaker 2>like twenty different options of how to invest, right, twenty

0:11:15.880 --> 0:11:19.040
<v Speaker 2>different funds. Now within one fund, it's like one hundred

0:11:19.120 --> 0:11:21.640
<v Speaker 2>different stocks inside of a fund. So if you have

0:11:21.720 --> 0:11:24.079
<v Speaker 2>like three different funds, you have like three hundred different

0:11:24.080 --> 0:11:26.280
<v Speaker 2>stocks inside of your four one K that's you're invested in.

0:11:26.480 --> 0:11:27.720
<v Speaker 3>You doing research on all of them.

0:11:27.800 --> 0:11:31.360
<v Speaker 2>Now, I guarantee you nobody knows any of those companies.

0:11:31.880 --> 0:11:34.680
<v Speaker 2>Nobody knows any of those companies, right because you never acts.

0:11:35.520 --> 0:11:37.360
<v Speaker 2>It's not like just listed as soon as when you

0:11:37.880 --> 0:11:39.240
<v Speaker 2>they just tell you the name of the company. So

0:11:39.280 --> 0:11:44.079
<v Speaker 2>it'll be like Vanguard twenty twenty fund or Vanguard High

0:11:44.200 --> 0:11:50.240
<v Speaker 2>Interest Bond fund or Vanguard small Cap Value fund. Right,

0:11:51.000 --> 0:11:53.680
<v Speaker 2>that's the name of the fund. But inside of the

0:11:53.720 --> 0:11:57.160
<v Speaker 2>small cap value fund, it's about one hundred and forty

0:11:57.200 --> 0:11:58.520
<v Speaker 2>different stocks.

0:11:59.040 --> 0:12:01.040
<v Speaker 3>And that's when you get that big pamphlet that comes

0:12:01.040 --> 0:12:03.840
<v Speaker 3>to your house like that. Probably nobody ever goes through. Yeah,

0:12:04.000 --> 0:12:05.480
<v Speaker 3>and there's a bunch of these stocks, and you're like,

0:12:05.520 --> 0:12:07.400
<v Speaker 3>all right, well did I make money or not?

0:12:08.320 --> 0:12:09.200
<v Speaker 2>Pretty much? Pretty much?

0:12:09.240 --> 0:12:12.120
<v Speaker 3>You know what I'm saying. Nobody's individually looking into one

0:12:12.200 --> 0:12:15.040
<v Speaker 3>hundred and forty different stocks and then actually researching those

0:12:15.040 --> 0:12:18.600
<v Speaker 3>stocks to see if they align with their values and moralities.

0:12:18.640 --> 0:12:19.520
<v Speaker 3>This is not happening.

0:12:19.960 --> 0:12:23.160
<v Speaker 2>No, it's not. But you can't say that you didn't

0:12:23.160 --> 0:12:26.800
<v Speaker 2>know at least because we told you. So you know,

0:12:27.000 --> 0:12:30.360
<v Speaker 2>if you're interested in it, you can do some further research.

0:12:30.440 --> 0:12:32.320
<v Speaker 2>But so, just want to talk about the prison thing,

0:12:32.320 --> 0:12:33.959
<v Speaker 2>because we did speak about that last week, and.

0:12:33.880 --> 0:12:37.800
<v Speaker 3>It's some other things to know about these srs. They

0:12:37.840 --> 0:12:41.240
<v Speaker 3>tend to have a higher fee than regular funds, and

0:12:41.320 --> 0:12:43.240
<v Speaker 3>so I was like, what doesn't make sense. Why, Well,

0:12:43.679 --> 0:12:46.640
<v Speaker 3>the mutual fund has the person who's providing the fund

0:12:46.880 --> 0:12:49.480
<v Speaker 3>actually has to do more research, So there's more work

0:12:49.520 --> 0:12:51.520
<v Speaker 3>that the person has to do. Right, if they're gonna

0:12:51.600 --> 0:12:54.200
<v Speaker 3>do things that match your core values and your moralities,

0:12:54.480 --> 0:12:57.600
<v Speaker 3>it's like they have to find ethnical things that will

0:12:57.640 --> 0:12:59.480
<v Speaker 3>work for you. So there's a little bit more research.

0:13:00.200 --> 0:13:02.920
<v Speaker 3>Tend to be a little bit higher. And there's there's

0:13:02.920 --> 0:13:04.840
<v Speaker 3>a site that you can go if you're in social

0:13:05.040 --> 0:13:08.240
<v Speaker 3>responsibility investing. Social funds dot Com is the website, so

0:13:08.280 --> 0:13:10.400
<v Speaker 3>you can go research on yourself. So that that's one

0:13:10.440 --> 0:13:12.600
<v Speaker 3>thing that you should do. Obviously, do the research and

0:13:12.600 --> 0:13:14.640
<v Speaker 3>then know your values. A lot of people don't know

0:13:14.679 --> 0:13:16.600
<v Speaker 3>their own values, so like when they're trying to invest,

0:13:16.640 --> 0:13:18.800
<v Speaker 3>it's like, well, I believe there's know your own values

0:13:18.840 --> 0:13:20.439
<v Speaker 3>before you're going to go into this type of fun.

0:13:20.600 --> 0:13:23.000
<v Speaker 3>All right, so do the research. I just gave you

0:13:23.040 --> 0:13:25.120
<v Speaker 3>the website. And another thing is a lot of times

0:13:25.160 --> 0:13:29.360
<v Speaker 3>and we've said this website again, social funds dot com.

0:13:29.440 --> 0:13:31.199
<v Speaker 3>So you can go there on your own leisure and

0:13:31.679 --> 0:13:33.760
<v Speaker 3>do some research there. But one of the things that

0:13:33.960 --> 0:13:36.040
<v Speaker 3>it brought to my mind is like we talk about

0:13:36.120 --> 0:13:39.320
<v Speaker 3>diversifying when we're investing, right, but like this type of

0:13:39.320 --> 0:13:41.200
<v Speaker 3>fund doesn't It kind of doesn't allow you to do

0:13:41.240 --> 0:13:44.400
<v Speaker 3>that right, because if you're aligning everything with your values,

0:13:44.600 --> 0:13:46.280
<v Speaker 3>isn't everything kind of going to be the same if.

0:13:46.200 --> 0:13:48.400
<v Speaker 2>You no, No, you can invest in a variety of different

0:13:48.440 --> 0:13:52.800
<v Speaker 2>companies that don't that still align with your values, Like

0:13:52.840 --> 0:13:54.280
<v Speaker 2>you know what I'm say, It could be different industries.

0:13:54.320 --> 0:13:56.360
<v Speaker 2>Like it's just it's just hard, like you said, because

0:13:56.400 --> 0:13:58.680
<v Speaker 2>it's like you've really got to go through every single

0:13:58.920 --> 0:14:02.000
<v Speaker 2>fine because it's like, all right, you're invested in a

0:14:02.040 --> 0:14:07.840
<v Speaker 2>tech company, but it's this tech company providing software for

0:14:07.960 --> 0:14:11.559
<v Speaker 2>weapons of mass destruction. So now it's just so much

0:14:11.640 --> 0:14:13.880
<v Speaker 2>more and earners.

0:14:13.880 --> 0:14:16.000
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0:14:16.040 --> 0:14:19.560
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0:14:19.560 --> 0:14:23.120
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0:14:23.160 --> 0:14:27.240
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<v Speaker 3>We love supporting businesses that run on Square because it

0:14:30.400 --> 0:14:33.360
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<v Speaker 2>Need intensive research that you have to do, which is

0:17:05.080 --> 0:17:07.720
<v Speaker 2>the fund manager's job. But you can still invest in

0:17:07.720 --> 0:17:10.120
<v Speaker 2>a variety like you can invest in tech. You can

0:17:10.160 --> 0:17:14.359
<v Speaker 2>invest in you know, farming, you can invest in financial

0:17:14.359 --> 0:17:17.119
<v Speaker 2>institutions like you can invest in different companies. It's just

0:17:17.200 --> 0:17:20.080
<v Speaker 2>that those different companies have to be in line with

0:17:20.720 --> 0:17:21.720
<v Speaker 2>what you feel comfortable with.

0:17:21.760 --> 0:17:24.960
<v Speaker 3>I would imagine that these funds are managed by very

0:17:25.119 --> 0:17:27.800
<v Speaker 3>very small companies. This feels like a niche thing that

0:17:27.840 --> 0:17:29.159
<v Speaker 3>like very small companies do.

0:17:29.760 --> 0:17:31.960
<v Speaker 2>No, Actually Vanguard has well right, right.

0:17:31.960 --> 0:17:34.560
<v Speaker 3>Right, you're right, you're right, Kanguard, that's a big one.

0:17:34.600 --> 0:17:38.760
<v Speaker 2>So yeah, yeah, But so going to what you just

0:17:38.840 --> 0:17:42.280
<v Speaker 2>said as far as the niche, so there's different layers

0:17:42.320 --> 0:17:45.200
<v Speaker 2>of socially responsible fund as well. Like I said, your leision,

0:17:45.240 --> 0:17:47.200
<v Speaker 2>we just had to provide as much information as we

0:17:47.240 --> 0:17:49.880
<v Speaker 2>possibly can till every cause there's so many different types

0:17:49.920 --> 0:17:52.159
<v Speaker 2>of people in this world. So you got the socially

0:17:52.200 --> 0:17:55.200
<v Speaker 2>conscious people that don't want to invest in those things.

0:17:55.560 --> 0:17:58.880
<v Speaker 2>But religion is a huge thing in this world, and

0:17:58.960 --> 0:18:02.879
<v Speaker 2>now you have religious people who can't or do not

0:18:02.920 --> 0:18:05.120
<v Speaker 2>want to invest in certain things because of their religion.

0:18:05.960 --> 0:18:09.480
<v Speaker 2>So now you have funds for that. It's fun for everything.

0:18:09.880 --> 0:18:14.440
<v Speaker 2>So you have Christian funds like Guidestone is a Christian

0:18:14.480 --> 0:18:19.240
<v Speaker 2>fund and that's dedicated to invest in companies that have

0:18:19.560 --> 0:18:23.919
<v Speaker 2>core Christian values. Kind of a vague situation, but you

0:18:24.000 --> 0:18:26.520
<v Speaker 2>know that's what that's designed for. You can do some

0:18:26.560 --> 0:18:33.040
<v Speaker 2>research and kind of do you have AVE Maria, which

0:18:33.119 --> 0:18:36.040
<v Speaker 2>is a Catholic fund. There's a few Catholic funds, so

0:18:36.200 --> 0:18:40.720
<v Speaker 2>av Maria is Rising Dividend Fund. That's a that's one

0:18:40.720 --> 0:18:43.879
<v Speaker 2>of their their popular funds, and that's a Catholic fund.

0:18:44.359 --> 0:18:47.639
<v Speaker 2>So you know, Catholics, they're really big on like you know,

0:18:47.680 --> 0:18:51.280
<v Speaker 2>abortion and a couple other things. That's like real sticklers

0:18:51.280 --> 0:18:54.720
<v Speaker 2>for the Catholic Church. So they only invest in companies

0:18:54.800 --> 0:19:00.520
<v Speaker 2>that align with Catholic values. And then so just coming

0:19:00.560 --> 0:19:04.600
<v Speaker 2>off the month of Ramadan, we have a large listenership

0:19:04.680 --> 0:19:08.320
<v Speaker 2>all over the world and that includes America, which is

0:19:08.320 --> 0:19:13.240
<v Speaker 2>their huge Muslim population. There's a huge Muslim population in Africa,

0:19:13.480 --> 0:19:16.520
<v Speaker 2>huge Muslim population in Europe of course the Middle East.

0:19:17.080 --> 0:19:19.800
<v Speaker 2>So we have to say Issalam malakam to all of

0:19:19.840 --> 0:19:24.360
<v Speaker 2>the Muslims that tune in. And one thing about Islam

0:19:24.440 --> 0:19:28.360
<v Speaker 2>is that that's actually you know, part of the religion

0:19:29.160 --> 0:19:33.480
<v Speaker 2>is sharia law. Sharia law, so people have a misunderstanding

0:19:33.480 --> 0:19:35.480
<v Speaker 2>a lot of times of what sharia law is. We're

0:19:35.480 --> 0:19:37.320
<v Speaker 2>not going to go into a full but part of

0:19:37.359 --> 0:19:40.879
<v Speaker 2>it is investing, like there's actually guidelines so it's not

0:19:40.880 --> 0:19:44.960
<v Speaker 2>really up for like vague interpretation like if you really

0:19:45.040 --> 0:19:49.320
<v Speaker 2>are a hard liner in the religion, there's financial guidelines

0:19:49.400 --> 0:19:53.200
<v Speaker 2>of how you can invest. So like interest is outlawed

0:19:53.200 --> 0:19:58.440
<v Speaker 2>in Muslim countries. So Shatnez our good friends Egypt, and

0:19:58.480 --> 0:20:00.359
<v Speaker 2>I was over house yesterday and she was telling me

0:20:00.400 --> 0:20:04.160
<v Speaker 2>that there's no there's no mortgages in Egypt. No mortgages

0:20:04.200 --> 0:20:07.959
<v Speaker 2>in Egypt. You just buy the land. So interests, interest

0:20:08.240 --> 0:20:11.440
<v Speaker 2>is outlaw. You're not allowed to charge anybody interest. That's

0:20:11.480 --> 0:20:14.919
<v Speaker 2>one thing, right. Of course, if you're familiar with the religion,

0:20:14.960 --> 0:20:19.360
<v Speaker 2>you know that. You know alcohol is outlawed. A variety

0:20:19.400 --> 0:20:23.720
<v Speaker 2>of different factor is gambling. There's no gambling. Gambling is outlawed.

0:20:23.960 --> 0:20:30.320
<v Speaker 2>So in Islam you have halal and haram. Haram is forbidden,

0:20:30.720 --> 0:20:35.760
<v Speaker 2>Halau is allowable. That's like deemed okay, so now you.

0:20:35.760 --> 0:20:38.320
<v Speaker 3>Have to actually look that up. That was crazy on

0:20:38.359 --> 0:20:39.639
<v Speaker 3>the Jatronic album.

0:20:39.720 --> 0:20:43.320
<v Speaker 2>Okay, yeah, so now you have you have halal funds.

0:20:43.920 --> 0:20:46.120
<v Speaker 2>One of the most popular funds is called a man

0:20:46.200 --> 0:20:48.920
<v Speaker 2>of fund. So the man of fund is a mutual

0:20:48.960 --> 0:20:53.000
<v Speaker 2>fund based around Sharia law which is halal and allows

0:20:53.080 --> 0:20:55.600
<v Speaker 2>Muslims that if you want to, if you want to

0:20:55.640 --> 0:21:00.080
<v Speaker 2>follow those guidelines, that you can actually invest in and

0:21:00.119 --> 0:21:05.240
<v Speaker 2>the Hamana Fund only invest in allow companies, meaning companies

0:21:05.320 --> 0:21:09.960
<v Speaker 2>that don't partake in gambling, companies that don't partake and

0:21:10.560 --> 0:21:15.000
<v Speaker 2>interest interest bearing accounts companies that don't partake in alcohol,

0:21:15.680 --> 0:21:19.360
<v Speaker 2>a variety of other things as well. So that's something

0:21:19.520 --> 0:21:21.720
<v Speaker 2>that is a big play as well, because like I said,

0:21:21.720 --> 0:21:25.000
<v Speaker 2>I mean, no matter what religion you follow, if you're Jewish,

0:21:25.160 --> 0:21:27.880
<v Speaker 2>they have culture funds as well. It's the same thing

0:21:27.960 --> 0:21:30.520
<v Speaker 2>kulshure and alal kind of the same thing as far

0:21:30.560 --> 0:21:34.159
<v Speaker 2>as like the meaning of it, where like Jewish people

0:21:34.760 --> 0:21:38.359
<v Speaker 2>have like if you're a strict hardline jew you are

0:21:38.400 --> 0:21:41.639
<v Speaker 2>only really supposed to indulge in kulshure. But culture is

0:21:41.680 --> 0:21:43.200
<v Speaker 2>more than just food.

0:21:43.040 --> 0:21:46.000
<v Speaker 3>Right, I think that that's a crazy misconception that people

0:21:46.000 --> 0:21:46.760
<v Speaker 3>only think it's a food.

0:21:46.800 --> 0:21:48.159
<v Speaker 2>Then the same thing with allow, like you see to

0:21:48.200 --> 0:21:50.560
<v Speaker 2>allow guys or to allow truck. So people when they

0:21:50.760 --> 0:21:52.439
<v Speaker 2>they think about allow, especially like if you live in

0:21:52.440 --> 0:21:54.920
<v Speaker 2>New York City or like, like you're pretty popular, it's

0:21:54.960 --> 0:21:58.600
<v Speaker 2>pretty popular allow food. And that is a certain way

0:21:58.640 --> 0:22:02.040
<v Speaker 2>where the food the animals you know, slaughtered and you

0:22:02.080 --> 0:22:03.959
<v Speaker 2>say a prayer and certain things, and the same thing

0:22:04.000 --> 0:22:06.760
<v Speaker 2>with culture. But that's only part of it. So like

0:22:06.800 --> 0:22:09.119
<v Speaker 2>with the culture, that's only part of it, Like you know,

0:22:09.240 --> 0:22:13.320
<v Speaker 2>as far as like the same kind of idea, and

0:22:13.400 --> 0:22:15.240
<v Speaker 2>like I said, that's that's true with a variety of

0:22:15.320 --> 0:22:18.560
<v Speaker 2>different religions where it's like, you know, depending on what

0:22:18.720 --> 0:22:24.399
<v Speaker 2>religion you subscribe to, that might you know, have a

0:22:24.440 --> 0:22:28.199
<v Speaker 2>play in how you choose to invest. So those are

0:22:28.240 --> 0:22:29.640
<v Speaker 2>all things to think about as well.

0:22:29.720 --> 0:22:31.840
<v Speaker 3>I know they listening like Yo, damn Shitty's sounds like

0:22:31.880 --> 0:22:34.880
<v Speaker 3>a history professor. This dude literally studies religion like no joke.

0:22:35.200 --> 0:22:37.840
<v Speaker 3>And anybody that knows has ever had a conversation with him,

0:22:38.040 --> 0:22:41.080
<v Speaker 3>they know, like he loves talking about religion. Shout out

0:22:41.080 --> 0:22:44.120
<v Speaker 3>the val who always brings it up. She always talks

0:22:44.160 --> 0:22:46.040
<v Speaker 3>about how you've taught us so much about the world.

0:22:46.080 --> 0:22:47.640
<v Speaker 3>But yeah, I know this is one of your sweet points.

0:22:47.680 --> 0:22:49.800
<v Speaker 2>So history has been my favorite subject since I was

0:22:49.800 --> 0:22:50.320
<v Speaker 2>a little kid.

0:22:50.480 --> 0:22:50.880
<v Speaker 3>Definitely.

0:22:50.920 --> 0:22:52.960
<v Speaker 2>I took a history of religion class when I was

0:22:53.000 --> 0:22:55.399
<v Speaker 2>in college and I never study, never got one broken,

0:22:55.400 --> 0:22:57.720
<v Speaker 2>got an A plus because I just already knew so

0:22:57.800 --> 0:23:01.399
<v Speaker 2>much about religion, all religions. I'm just fascinated by you know,

0:23:01.440 --> 0:23:08.840
<v Speaker 2>I think it's interesting to learn about Christianity, Islam, Judaism, Buddhism, seek.

0:23:08.960 --> 0:23:12.439
<v Speaker 2>I have friends that are all different religions, and you know,

0:23:12.560 --> 0:23:14.960
<v Speaker 2>for me personally, I don't think that there's any one

0:23:16.160 --> 0:23:19.919
<v Speaker 2>religion that is reigned supreme. It's whatever you know, you

0:23:20.000 --> 0:23:23.040
<v Speaker 2>feel comfortable with. I'm not here to judge, but I

0:23:23.240 --> 0:23:26.119
<v Speaker 2>just you know, I always found religion interesting because I

0:23:26.200 --> 0:23:29.280
<v Speaker 2>realized how how touchy it is, and it's like people

0:23:29.440 --> 0:23:31.240
<v Speaker 2>die over their religion, and people will kill you over

0:23:31.280 --> 0:23:33.240
<v Speaker 2>their religion, and it's like you can't play around. Why

0:23:33.280 --> 0:23:34.480
<v Speaker 2>we don't really talk about religion too.

0:23:34.480 --> 0:23:36.480
<v Speaker 3>Much, and some people don't want to be separated from.

0:23:36.359 --> 0:23:40.159
<v Speaker 2>You can't play around with religion. So it's like it's interesting.

0:23:40.320 --> 0:23:43.200
<v Speaker 2>It's interesting to me, it's fascinating. So I try to

0:23:43.240 --> 0:23:45.760
<v Speaker 2>learn as much about religion as I possibly can because

0:23:45.760 --> 0:23:47.200
<v Speaker 2>I feel like a lot of times, most of the time,

0:23:47.240 --> 0:23:50.120
<v Speaker 2>we just we follow whatever religion we're born into. And

0:23:50.160 --> 0:23:53.359
<v Speaker 2>that's not really a belief system. That's more superstition. When

0:23:53.440 --> 0:23:55.800
<v Speaker 2>you when you believe in something that you don't fully understand,

0:23:55.840 --> 0:23:56.480
<v Speaker 2>is superstition.

0:23:56.640 --> 0:23:58.200
<v Speaker 3>You've been You've been bred to believe that.

0:23:58.240 --> 0:24:01.800
<v Speaker 2>Stevie Wonder said that, So now when you have a

0:24:01.800 --> 0:24:04.560
<v Speaker 2>full understanding of things. Not only does it open your

0:24:04.600 --> 0:24:07.600
<v Speaker 2>perspective and make you more open to the world, but

0:24:07.680 --> 0:24:09.600
<v Speaker 2>at least even in the thing that you do fully

0:24:09.640 --> 0:24:12.840
<v Speaker 2>believe in, you can actually believe in it as opposed

0:24:12.840 --> 0:24:16.360
<v Speaker 2>to just doing it because everybody in your family does

0:24:16.400 --> 0:24:17.879
<v Speaker 2>it and you feel like you're going to be cursed

0:24:17.880 --> 0:24:18.919
<v Speaker 2>if you don't do it.

0:24:18.920 --> 0:24:22.160
<v Speaker 3>You've been you've stunned research on your own, You've allowed

0:24:22.200 --> 0:24:25.520
<v Speaker 3>yourself to critically think, You've allowed yourself to analyze, and like,

0:24:25.600 --> 0:24:28.320
<v Speaker 3>that's the goal in life, right, allow yourself and allow

0:24:28.440 --> 0:24:31.720
<v Speaker 3>others to freely think and freely choose. You know what

0:24:31.760 --> 0:24:34.679
<v Speaker 3>I'm saying. I think that is as an educator, like,

0:24:34.720 --> 0:24:36.840
<v Speaker 3>that's the number one thing I'm looking for. Can I

0:24:36.880 --> 0:24:39.639
<v Speaker 3>allow these students to critically think for themselves? And we

0:24:39.680 --> 0:24:41.600
<v Speaker 3>should have that same mindset when it comes to our

0:24:41.600 --> 0:24:42.480
<v Speaker 3>family and our children.

0:24:42.800 --> 0:24:45.400
<v Speaker 2>That's a fact. So the last thing with the stocks,

0:24:45.720 --> 0:24:49.040
<v Speaker 2>this is pretty disturbing and it's all a financial place.

0:24:49.119 --> 0:24:52.639
<v Speaker 2>So now people might want to invest in black own company.

0:24:52.640 --> 0:24:54.159
<v Speaker 3>It's like black, who are there?

0:24:54.280 --> 0:24:58.879
<v Speaker 2>Invest in Black? But frombing investing standpoint, it's like, what

0:24:59.000 --> 0:25:01.200
<v Speaker 2>if I want to invest money in the stock market,

0:25:01.240 --> 0:25:03.280
<v Speaker 2>but I want to invest in black owned companies.

0:25:03.320 --> 0:25:05.160
<v Speaker 3>A lot of people want to do that, right, we

0:25:05.160 --> 0:25:07.040
<v Speaker 3>we buy black, shout out to them, Yeah, shout out

0:25:07.000 --> 0:25:08.920
<v Speaker 3>to me by black those my people, good good people.

0:25:10.040 --> 0:25:14.320
<v Speaker 2>So all right, it's like a black owned fund, I

0:25:14.320 --> 0:25:17.520
<v Speaker 2>couldn't find any, like a black ETF or a black

0:25:17.640 --> 0:25:20.320
<v Speaker 2>mutual fund that only has black companies. Couldn't find anything.

0:25:20.359 --> 0:25:23.440
<v Speaker 3>Yeah, and maybe there are someome I couldn't find any either,

0:25:23.520 --> 0:25:24.280
<v Speaker 3>but maybe there are some.

0:25:24.400 --> 0:25:26.800
<v Speaker 2>Well. I think the reason why there are none that

0:25:26.880 --> 0:25:29.920
<v Speaker 2>I could find is that out of four thousand stocks

0:25:30.000 --> 0:25:35.040
<v Speaker 2>on the New York Stock Exchange, twelve are black companies. Twelve.

0:25:35.480 --> 0:25:38.560
<v Speaker 2>That is so disturbing that that's a whole different conversation.

0:25:38.840 --> 0:25:41.719
<v Speaker 2>You're talking about economic and that's what people don't fully understand.

0:25:41.760 --> 0:25:45.000
<v Speaker 2>It's like black people are so far behind. It's just

0:25:45.720 --> 0:25:48.480
<v Speaker 2>it's almost it's amazing. It's like it's like running a

0:25:48.520 --> 0:25:53.359
<v Speaker 2>marathon and you like twenty three miles in and you

0:25:53.600 --> 0:25:55.840
<v Speaker 2>just started the race, and somebody else is twenty three

0:25:55.880 --> 0:25:56.159
<v Speaker 2>miles in.

0:25:56.280 --> 0:25:59.359
<v Speaker 3>So it's like we're on a treadmill. There's a marathon

0:25:59.480 --> 0:26:00.479
<v Speaker 3>going on. We don't treadmill.

0:26:00.560 --> 0:26:03.399
<v Speaker 2>That's not even one percent. That's less than one percent.

0:26:03.560 --> 0:26:08.439
<v Speaker 2>Twelve twelve out of four thousand companies are publicly traded.

0:26:08.960 --> 0:26:12.439
<v Speaker 2>So you were talking about economic empowerment, and it's like

0:26:12.480 --> 0:26:14.199
<v Speaker 2>a lot of times it's on a broad on a

0:26:14.240 --> 0:26:16.359
<v Speaker 2>small scale when you start looking at it from a

0:26:16.440 --> 0:26:19.600
<v Speaker 2>large scale as far as like companies and billions of

0:26:19.640 --> 0:26:22.440
<v Speaker 2>dollars and things of that nature, and like publicly traded companies,

0:26:22.960 --> 0:26:25.280
<v Speaker 2>there's twelve out of four thousand.

0:26:25.520 --> 0:26:30.919
<v Speaker 3>Yeah, like diversity, I mean, it's crazy. And during the research,

0:26:31.119 --> 0:26:33.040
<v Speaker 3>I actually, you know, I was proud to find out

0:26:33.040 --> 0:26:35.240
<v Speaker 3>that I'm actually invested in one be well, not invested,

0:26:35.320 --> 0:26:37.720
<v Speaker 3>but I do business with one at least, And I

0:26:37.760 --> 0:26:39.080
<v Speaker 3>was I'm looking at the other ones. I'm like, I

0:26:39.119 --> 0:26:41.280
<v Speaker 3>don't even know these. I don't even know these, So

0:26:41.359 --> 0:26:42.240
<v Speaker 3>you want to run down field?

0:26:42.320 --> 0:26:45.240
<v Speaker 2>Yeah, I got four that I people might know. Citizens

0:26:45.840 --> 0:26:50.080
<v Speaker 2>with their symbol is c z b ES.

0:26:50.400 --> 0:26:53.560
<v Speaker 3>That's what I actually have my mortgage through. So not

0:26:53.720 --> 0:26:55.840
<v Speaker 3>that I'm invested in it, but we do business together.

0:26:55.920 --> 0:26:57.440
<v Speaker 2>Yeah. Citizens is a black owned bank.

0:26:57.560 --> 0:26:57.760
<v Speaker 3>Yeah.

0:26:58.160 --> 0:27:04.159
<v Speaker 2>For one, like the number one, and that is formally

0:27:04.440 --> 0:27:07.480
<v Speaker 2>used to be Urban one, which is a radio No,

0:27:07.880 --> 0:27:10.040
<v Speaker 2>it's Urban one. For to one is Urban one and

0:27:10.119 --> 0:27:13.080
<v Speaker 2>it used to be Radio one. It's a radio syndicate

0:27:13.440 --> 0:27:19.359
<v Speaker 2>No r LJ, which is a lodging lodging company owned

0:27:19.400 --> 0:27:23.520
<v Speaker 2>by Robert Johnson, former owner of BT, former owner of

0:27:23.560 --> 0:27:24.240
<v Speaker 2>the Bobcats.

0:27:26.000 --> 0:27:29.680
<v Speaker 3>First billionaires, black billionaire, Yeah, I think so.

0:27:32.119 --> 0:27:35.359
<v Speaker 2>And then Carver Bank another black owned thing. There's a

0:27:35.400 --> 0:27:37.680
<v Speaker 2>few black owned banks, Yeah, Carver Bank.

0:27:37.520 --> 0:27:41.000
<v Speaker 3>Which is encouraging that they have. We have black owned

0:27:41.000 --> 0:27:42.800
<v Speaker 3>banks that are being publicly traded.

0:27:42.840 --> 0:27:45.520
<v Speaker 2>That's important. You want to list a few others.

0:27:45.240 --> 0:27:47.480
<v Speaker 3>Well, we have the same one so.

0:27:47.600 --> 0:27:50.399
<v Speaker 2>But so yeah, so but the so. Not only is

0:27:50.440 --> 0:27:54.119
<v Speaker 2>this discouraging as there's only twelve, even more so discouraging

0:27:54.160 --> 0:27:55.720
<v Speaker 2>than that. It's like you look at these charts, looked

0:27:55.720 --> 0:27:58.040
<v Speaker 2>at all of their charts. None of them have good charts,

0:27:58.280 --> 0:28:01.879
<v Speaker 2>none of them. None of them you look at Ian's

0:28:01.920 --> 0:28:04.240
<v Speaker 2>technical analysis would be buyas as far as if you

0:28:04.280 --> 0:28:07.720
<v Speaker 2>want to make money, they've all been. They haven't. They don't.

0:28:07.760 --> 0:28:09.600
<v Speaker 2>They're not doing well. As far as on the stock,

0:28:09.680 --> 0:28:12.239
<v Speaker 2>the stock has not done well for five years. Are

0:28:12.280 --> 0:28:13.800
<v Speaker 2>looking at a five year chart and it's not good.

0:28:14.600 --> 0:28:16.720
<v Speaker 3>And it's going to be tough to find that a

0:28:16.720 --> 0:28:18.879
<v Speaker 3>lot of these companies have a ten year chart or

0:28:18.920 --> 0:28:20.880
<v Speaker 3>a twentieth even sometimes it goes back to the history

0:28:20.960 --> 0:28:24.639
<v Speaker 3>thirty year chart. A lot of these companies that doesn't exist.

0:28:25.440 --> 0:28:26.200
<v Speaker 3>It just doesn't exist.

0:28:26.320 --> 0:28:27.560
<v Speaker 2>Yeah, I don't even know what to say about that.

0:28:27.560 --> 0:28:30.479
<v Speaker 2>That's just that's something just to like as far as

0:28:30.520 --> 0:28:31.919
<v Speaker 2>working forward to something.

0:28:32.040 --> 0:28:33.399
<v Speaker 3>But that's I mean, a lot of that has to

0:28:33.400 --> 0:28:35.320
<v Speaker 3>do with a lot of systematic things that were put

0:28:35.400 --> 0:28:37.360
<v Speaker 3>in place so that it couldn't exist. We won't want

0:28:37.359 --> 0:28:40.120
<v Speaker 3>to ignore that fact, right, So having our own private

0:28:40.120 --> 0:28:43.400
<v Speaker 3>own company, or even having a black owned bank systematically

0:28:43.440 --> 0:28:46.160
<v Speaker 3>in America for years, that wasn't even a possibility. So

0:28:46.320 --> 0:28:48.280
<v Speaker 3>there are reasons why we don't have a long history

0:28:48.280 --> 0:28:50.600
<v Speaker 3>of it. So let's not ignore that fact. But like

0:28:50.640 --> 0:28:52.000
<v Speaker 3>I said, when we go back to the history of

0:28:52.000 --> 0:28:53.560
<v Speaker 3>some of these companies that we look at, we do

0:28:53.600 --> 0:28:55.000
<v Speaker 3>look at the ten year chart, we do look at

0:28:55.040 --> 0:28:57.280
<v Speaker 3>twenty year or the history of the company's chart, and

0:28:57.360 --> 0:28:59.600
<v Speaker 3>that's just not available right now for these companies.

0:29:00.160 --> 0:29:03.240
<v Speaker 2>Yeah, so you know that's some information if you're interested

0:29:03.800 --> 0:29:09.160
<v Speaker 2>in socially responsive funds, religious funds, black owned companies, you know,

0:29:09.320 --> 0:29:11.840
<v Speaker 2>just a different different take on investing. Because we talked

0:29:11.840 --> 0:29:13.520
<v Speaker 2>about investing a lot, so we just want to just

0:29:13.560 --> 0:29:16.680
<v Speaker 2>give people a different a different take on it, and

0:29:16.720 --> 0:29:18.560
<v Speaker 2>you can kind of do whatever you want with the information,

0:29:18.640 --> 0:29:21.720
<v Speaker 2>but you know, hopefully that that that shines some light

0:29:22.280 --> 0:29:24.640
<v Speaker 2>good and bad, good and bad, because everything's not going

0:29:24.720 --> 0:29:27.200
<v Speaker 2>to be a good story sometimes, you know, it's just

0:29:27.240 --> 0:29:29.360
<v Speaker 2>the news is just that we have to just report

0:29:29.360 --> 0:29:33.280
<v Speaker 2>what it is. And it's not always it's not always encouraging,

0:29:33.320 --> 0:29:37.560
<v Speaker 2>but sometimes you need stuff that's not encouraging to encourage you.

0:29:38.320 --> 0:29:40.720
<v Speaker 2>So hopefully some of the information, especially with the black

0:29:40.760 --> 0:29:46.040
<v Speaker 2>owned publicly traded company, hopefully somebody listening to this and

0:29:46.040 --> 0:29:48.160
<v Speaker 2>make it a goal and have it and have their

0:29:48.240 --> 0:29:51.600
<v Speaker 2>company be the stock that everybody wants to invest in,

0:29:51.680 --> 0:29:54.480
<v Speaker 2>not just a token company that's on the stock exchanged

0:29:54.560 --> 0:29:57.560
<v Speaker 2>that nobody's invested in, that is just going nowhere. We

0:29:57.920 --> 0:30:00.400
<v Speaker 2>not only my goal is to have a publicly trade company.

0:30:00.400 --> 0:30:03.120
<v Speaker 2>My goal is to be bigger than Amazon, bigger and

0:30:03.160 --> 0:30:04.280
<v Speaker 2>Apple biggin in Google.

0:30:04.360 --> 0:30:06.520
<v Speaker 3>Hey, we need that type aspiration in our community. Why

0:30:06.520 --> 0:30:07.240
<v Speaker 3>we need it? Why not?

0:30:07.360 --> 0:30:08.120
<v Speaker 2>Somebody gotta do it?

0:30:08.320 --> 0:30:10.720
<v Speaker 3>Yeah, we make these We make a lot of those

0:30:10.720 --> 0:30:12.920
<v Speaker 3>companies what they are, so we can make our own.

0:30:13.120 --> 0:30:13.680
<v Speaker 2>That's a fact.

0:30:16.120 --> 0:30:19.800
<v Speaker 4>An illegal alien from Guatemala charged with raping a child

0:30:19.840 --> 0:30:23.640
<v Speaker 4>in Massachusetts. An MS thirteen gang member from Al Salvador

0:30:23.880 --> 0:30:28.000
<v Speaker 4>accused of murdering a Texas man of Venezuelan charged with

0:30:28.080 --> 0:30:31.960
<v Speaker 4>filming and selling child pornography in Michigan. These are just

0:30:32.080 --> 0:30:35.840
<v Speaker 4>some of the heinous migrant criminals caught because of President

0:30:35.840 --> 0:30:39.400
<v Speaker 4>Donald J. Trump's leadership. I'm Christy Noman, the United States

0:30:39.440 --> 0:30:44.200
<v Speaker 4>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:30:44.280 --> 0:30:47.840
<v Speaker 4>crossings are at the lowest levels ever recorded, and over

0:30:47.880 --> 0:30:51.120
<v Speaker 4>one hundred thousand illegal aliens have been arrested. If you

0:30:51.200 --> 0:30:55.040
<v Speaker 4>are here illegally, your next you will be fine nearly

0:30:55.120 --> 0:30:59.160
<v Speaker 4>one thousand dollars a day, imprisoned and deported, you will

0:30:59.200 --> 0:31:02.840
<v Speaker 4>never return. But if you register using our CBP home

0:31:02.880 --> 0:31:06.240
<v Speaker 4>app and leave now, you could be allowed to return legally.

0:31:06.600 --> 0:31:11.320
<v Speaker 4>Do what's right. Leave now. Under President Trump, America's laws,

0:31:11.520 --> 0:31:13.960
<v Speaker 4>border and families will be protected.

0:31:14.040 --> 0:31:16.200
<v Speaker 3>Sponsored by the United States Department of Homeland Security,