WEBVTT - Ep 304: The Racial Wealth Gap ft. Kimberly Atkins Stohr

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<v Speaker 1>Hey, hey, ba fam, I have got some really freaking

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<v Speaker 1>incredible news. We have been nominated for a Webby, y'all.

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<v Speaker 1>The Webby is the oscars of the Internet. And the

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<v Speaker 1>fact that Brown Ambition has been recognized with a nomination

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<v Speaker 1>for Best Business Podcast this is incredible. The most incredible

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<v Speaker 1>thing of all about being nominated for a Webby is

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<v Speaker 1>that you, guys can help decide who wins. That means

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<v Speaker 1>you can vote for us. Go to Webby Awards dot com.

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<v Speaker 1>That's we b b y a wa r ds dot com,

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<v Speaker 1>find the Best Business Podcast Award nominees and vote for

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<v Speaker 1>Brown Ambition. You can also check the show notes. We'll

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<v Speaker 1>put a link to where you can vote there for

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<v Speaker 1>easy voting. But tell a friend to tell a friend.

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<v Speaker 1>If we take home this award, it's going to be

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<v Speaker 1>so symbolic of all the hard work we put into

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<v Speaker 1>this show and of how incredible our BA family is.

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<v Speaker 1>So go vote for us. Voting is open now through

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<v Speaker 1>April twenty first. Thank y'all so much for your support.

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<v Speaker 1>Thank you the Webby Awards for nominating us. Now let's

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<v Speaker 1>take this on or home, y'all. Hey, hey, ba fam,

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<v Speaker 1>it's Mandy and I am back with another episode of

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<v Speaker 1>Brown Ambition. I am so excited to introduce you guys

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<v Speaker 1>to today's guest. Her name is Kimberly Atkins Store. She's

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<v Speaker 1>a senior opinion writer and columnist for The Boston Globe.

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<v Speaker 1>She is the inaugural columnist for The Emancipator, which is

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<v Speaker 1>a joint independent, anti racist multimedia project from Globe Opinion

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<v Speaker 1>and the Boston University Center for Anti Racist Research, which

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<v Speaker 1>I am so glad that that is even a thing

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<v Speaker 1>that exists, and the author of the Emancipator's new newsletter

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<v Speaker 1>called Unbound. Now, Kimberly is one of my most illustrious

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<v Speaker 1>guests yet, y'all, so I'm going to continue with her bio.

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<v Speaker 1>She's also an MSNBC contributor and co host. She's our

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<v Speaker 1>podcast sister co host of the Politicon podcast called Hashtag

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<v Speaker 1>Sisters in Law. Previously, Kimberly was the first Washington, DC

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<v Speaker 1>based news correspondent for wbbur So for my NPR Public

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<v Speaker 1>Radio fanatics, we love that. She's also served as the

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<v Speaker 1>Boston heralds Washington Bureau, chief guest host of c SPAN's

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<v Speaker 1>Morning Collins Shows, Washington Journal, and a Supreme Court reporter

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<v Speaker 1>for Massachusetts Lawyer Weekly. So you have a background in

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<v Speaker 1>journalism and law in all these different facets. I love

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<v Speaker 1>a multifaceted woman and I cannot wait to get into

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<v Speaker 1>my conversation. So, without further ado, welcome Kimberly. Thank you

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<v Speaker 1>so much for joining Brown Ambition.

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<v Speaker 2>Thank you for having me, Mandy. I'm excited to be here.

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<v Speaker 2>So tell me about the Emancipator. It hasn't launched yet.

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<v Speaker 2>We're kind of a little bit ahead of the curve

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<v Speaker 2>breaking news for y'all. If you haven't heard of the Emancipator,

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<v Speaker 2>what can you tell the audience about this incredible new

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<v Speaker 2>publication and why you decided to be a part of it. Yes,

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<v Speaker 2>So this sprung out of a conversation with Bina Venka Traman,

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<v Speaker 2>who was at the time the editorial page editor at

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<v Speaker 2>the Boston Globe, and doctor Ebram Kendy as he was

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<v Speaker 2>just getting started and ramping up US Center for Anti

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<v Speaker 2>Racist Research, and they had an online zoom chat and

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<v Speaker 2>after that they connected. They started talking about abolitionist newspapers

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<v Speaker 2>at the time, before and during and after the Civil War,

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<v Speaker 2>and these newspapers didn't just call for the emancipation of

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<v Speaker 2>the enslaved population of people in America. They had a

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<v Speaker 2>broader vision, you know. They thought about what it would

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<v Speaker 2>look like, what it would take to make black people

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<v Speaker 2>who had been enslaved full and participating citizens in American society.

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<v Speaker 2>How to get them educated, what they could do, how

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<v Speaker 2>they could start businesses, how they can run for office,

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<v Speaker 2>how they you know, not just vote, but run for office.

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<v Speaker 2>How they can be a full, integrated part of society

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<v Speaker 2>as a whole. What citizenship really meant. They got the

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<v Speaker 2>idea to take that tradition and create a new platform

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<v Speaker 2>to take that same approach and looking at anti racist

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<v Speaker 2>solutions to the issues we have here and now today,

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<v Speaker 2>not just rehashing problems or talking about them, but thinking

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<v Speaker 2>out of the box, thinking about some solutions to the

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<v Speaker 2>racism that's built into all sorts of systems, not just

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<v Speaker 2>criminal justice. This grew, like a lot of things, out

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<v Speaker 2>of the wake of the lynching of George Floyd, but

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<v Speaker 2>beyond that, in all sorts of areas, and that's where

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<v Speaker 2>this project was born. Being it brought me on board

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<v Speaker 2>early on, I was very eager to do so. Since then,

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<v Speaker 2>we have co editors in chief Deborah Douglas and Amber Payne,

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<v Speaker 2>who have been steering this project to its launch and

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<v Speaker 2>it will launch them very excited to say it's launching

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<v Speaker 2>very soon. It's launching this month after a lot, a

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<v Speaker 2>lot of hard work and anticipation. So I'm really excited

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<v Speaker 2>about it.

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<v Speaker 1>Yeah, congratulations. Amber and I go way way back. I

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<v Speaker 1>can't remember. I feel like black women in journalism in

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<v Speaker 1>New York, like you know, you just find your way

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<v Speaker 1>to one another. I'm so glad that you being in Boston.

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<v Speaker 1>I'm getting to get to know you now. But Amber

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<v Speaker 1>and I go but way back when she was the

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<v Speaker 1>first editor in chief of NBC Black, their Black culture

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<v Speaker 1>sort of publication. And I think when I had just

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<v Speaker 1>started Mandy Money. I had just launched my sort of

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<v Speaker 1>independent business, venturing out into my own this past summer,

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<v Speaker 1>and Amber and I reconnected and she had told me

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<v Speaker 1>she had just joined the Emancipator, and I was so

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<v Speaker 1>excited for her, and then so for her a few

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<v Speaker 1>months later, or feels like, I don't know who knows

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<v Speaker 1>what it was sometime last year, but more recently she

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<v Speaker 1>reached out and she's like, Mandy, we're going to be

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<v Speaker 1>launching soon, and she invited me to write a piece

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<v Speaker 1>for the Emancipator as well, which I was so excited

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<v Speaker 1>to do. And I mean it's not every day that

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<v Speaker 1>you get people who are like, hey, can you write

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<v Speaker 1>about inclusive racism in the workplace and the experience of

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<v Speaker 1>women of color, which that's all I love talking about

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<v Speaker 1>all day air day here on Brown Ambition. So I'm

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<v Speaker 1>honored and excited to just be a teeny tiny little

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<v Speaker 1>piece of the launch of the Emancipator. Talk to me

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<v Speaker 1>a little bit about your approach to like, there's not

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<v Speaker 1>a ton I mean, I don't have any stats on this,

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<v Speaker 1>but if I had to hazard a guests, there aren't

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<v Speaker 1>very many opinion writers from women of color. You don't

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<v Speaker 1>see that often in like mainstream publications.

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<v Speaker 2>It must.

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<v Speaker 1>I don't know if you feel a particular you know,

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<v Speaker 1>first only different sort of pressure when it comes to

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<v Speaker 1>your approach as an opinion writer. But can you talk

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<v Speaker 1>a little bit about your experience and how you got

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<v Speaker 1>to a place where you're like, Okay, I'm a black woman.

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<v Speaker 1>I'm actually going to write about issues that are important

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<v Speaker 1>to us and say it with my full chest. Like

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<v Speaker 1>you've written about the Crown Act, about Katanji Brown Jackson,

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<v Speaker 1>you know these issues that really affect us.

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<v Speaker 2>Yes, you know, it's interesting. When I met being A,

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<v Speaker 2>when she hired me to be a part of Globe Opinion,

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<v Speaker 2>I had never been on the opinion side of a

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<v Speaker 2>news publication. I had mostly had entirely been on the

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<v Speaker 2>news side, writing news, writing analyzes of the news, but

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<v Speaker 2>still in that grounded fairness based and that I'm the

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<v Speaker 2>things I write now aren't fair, but this idea that

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<v Speaker 2>when you're on the news side of a publication, it's

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<v Speaker 2>not about what you think, it's not about you, it's

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<v Speaker 2>about what you're covering. Whereas on the opinion side you

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<v Speaker 2>bring your full self to bear. It's still journalism, it's

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<v Speaker 2>still deeply reported. You still have to show your work,

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<v Speaker 2>but you bring all parts of view to bear. And

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<v Speaker 2>for me, of course, that includes being a black woman

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<v Speaker 2>in America. Not everything that I write comes from a

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<v Speaker 2>particular that particular part of my perspective. I find it.

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<v Speaker 2>I'm very grateful that the Boston Globe gives me the

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<v Speaker 2>idea that gives me the ability to write not only

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<v Speaker 2>about things that are really important to me, really important

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<v Speaker 2>to the black community, but also write about out you know,

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<v Speaker 2>the Russia invasion, also be able to bring to bear

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<v Speaker 2>my experience covering foreign policy and the law and everything else.

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<v Speaker 2>Sometimes I feel like I can get pigeonholed, like I'm

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<v Speaker 2>always the you know, the black commentator on a panel

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<v Speaker 2>or something like that. Or you can feel when you're

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<v Speaker 2>a part of a discussion and you sense that you

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<v Speaker 2>were added because whoever was moderating it realized at the

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<v Speaker 2>last minute that it's a panel of white men, and

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<v Speaker 2>it's like, oh, that's we need somebody call him. That's

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<v Speaker 2>great that they're doing that, that they're trying to be

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<v Speaker 2>more inclusive, but it should be more organic than that.

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<v Speaker 2>And I feel like that can sometimes make you the

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<v Speaker 2>spokesperson for black America, which I don't enjoy being because

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<v Speaker 2>I'm not. But I also think it is important to

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<v Speaker 2>have more people of color at the table in all

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<v Speaker 2>of these discussions, more women at the table in all

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<v Speaker 2>these discussions. Any discussion that affects US in America affects

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<v Speaker 2>all Americans should have representation of America in that discussion.

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<v Speaker 2>So in that sense, I'm very grateful for this job.

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<v Speaker 2>It is great to be able to write about things

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<v Speaker 2>that people may not think about them. I think the

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<v Speaker 2>Crown Act was an example of that, which is piece

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<v Speaker 2>of legislation that passed the House that prohibits employment discrimination

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<v Speaker 2>based on one's natural hairstyle, and that really impacts black

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<v Speaker 2>and brown women and men in a very specific way,

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<v Speaker 2>because we have long been taught, I know, I've heard

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<v Speaker 2>this that the natural texture of our hair is unprofessional,

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<v Speaker 2>you know, or it's a hazard, it's a risk somehow. Yes,

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<v Speaker 2>we all remember the video of Andrew Johnson, that high

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<v Speaker 2>school wrestler who was on the sidelines and had someone

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<v Speaker 2>cut off his locks because they violated a rule. I

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<v Speaker 2>remember seeing that and crying. But I would see other

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<v Speaker 2>people who I knew and respected on Twitter saying, this

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<v Speaker 2>isn't a big deal, Like why are we even talking

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<v Speaker 2>about this. They just did not have that understanding about

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<v Speaker 2>how that is a form of racism and that impacts people.

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<v Speaker 2>And so being able to talk about that and educate

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<v Speaker 2>people in a real, genuine way is really important to me,

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<v Speaker 2>and I'm grateful for that.

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<v Speaker 1>Yeah. Absolutely. I mean you talk about having made the

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<v Speaker 1>decision to go natural ten years ago. I made a

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<v Speaker 1>similar decision. I don't know how many years ago, but

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<v Speaker 1>I was so broke when I moved to New York

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<v Speaker 1>from Georgia that I literally could not afford the creamy crack.

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<v Speaker 1>It was too expensive for me here in New York.

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<v Speaker 1>And I would go longer and longer in between sessions.

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<v Speaker 1>And then I started to see my curls and I

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<v Speaker 1>was like, these look pretty cool. What if I just

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<v Speaker 1>kept growing it out? And at the time, I thought, oh,

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<v Speaker 1>I'm going to save so much money. That's a joke.

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<v Speaker 1>Correct the number of products it takes, Babe, y'all have

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<v Speaker 1>no idea the financial commitment to natural hair care of

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<v Speaker 1>But anyway, I digress. I was talking to another reporter

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<v Speaker 1>at SENN about a story and they off handedly asked,

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<v Speaker 1>you know, have you ever had any issues with your

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<v Speaker 1>hair going through because my backgrounds and journalism, And I

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<v Speaker 1>was like, no, not really. But then you know how

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<v Speaker 1>you go through something and you just kind of like

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<v Speaker 1>bury it, I guess in a way, or you just

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<v Speaker 1>try to Like I mean, it's what so many of

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<v Speaker 1>us do. You just you don't clock it at the time.

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<v Speaker 1>You're just like, oh, okay, that happened. And I had

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<v Speaker 1>this just this memory come back to me, come rushing

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<v Speaker 1>back from when I was at I was a writer

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<v Speaker 1>and sometimes on air at Yahoo Finance early in my

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<v Speaker 1>journalism career, and they had a man, a white man,

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<v Speaker 1>come in as an image consultant. And it was during

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<v Speaker 1>this period of transition. And I imagine if you were transitioning,

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<v Speaker 1>you know, when you have natural hair, it is a

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<v Speaker 1>whole journey in and of that self. That transition is painful,

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<v Speaker 1>it's janky. You don't feel good about. At least I'll

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<v Speaker 1>speak for myself, it was very hard to be in

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<v Speaker 1>that in between stage, you know, throw it up in

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<v Speaker 1>a bun and try to smooth down the curls and whatever.

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<v Speaker 1>And he was looking at footage of me from earlier

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<v Speaker 1>in my career at Yahoo, and I was straight, you know,

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<v Speaker 1>pin straight, relaxed. I'm not even wearing glasses. I was like,

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<v Speaker 1>very much what I thought the image to be. And

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<v Speaker 1>I was in the middle of this process of transitioning.

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<v Speaker 1>And he looked at me and was like, is that

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<v Speaker 1>you like clearly? You know, He's like, that doesn't look

0:12:08.480 --> 0:12:10.240
<v Speaker 1>like you. You don't look like that anymore. That's a

0:12:10.240 --> 0:12:15.280
<v Speaker 1>great look. And and meanwhile, this guy looked like he

0:12:15.320 --> 0:12:17.560
<v Speaker 1>spent many years living in his mom's basement. I do

0:12:17.760 --> 0:12:22.000
<v Speaker 1>not know how this man became I don't even remember

0:12:22.000 --> 0:12:23.600
<v Speaker 1>his name. I'm just gonna call him Jeff. It's all

0:12:23.600 --> 0:12:25.720
<v Speaker 1>I can think of. How did he get the job

0:12:25.800 --> 0:12:28.520
<v Speaker 1>of a pinion of image consultant? How did he get

0:12:28.520 --> 0:12:31.120
<v Speaker 1>permission to make me feel so shitty about the way,

0:12:31.640 --> 0:12:33.840
<v Speaker 1>you know? And that's just like I don't want that

0:12:33.880 --> 0:12:35.559
<v Speaker 1>for any other black women to go through. Do you

0:12:35.600 --> 0:12:37.480
<v Speaker 1>feel like things have gotten better? I mean, you're on

0:12:37.520 --> 0:12:40.280
<v Speaker 1>TV now, You're not just frightening. Do you feel like

0:12:40.840 --> 0:12:42.360
<v Speaker 1>it's been getting better for us?

0:12:42.559 --> 0:12:45.480
<v Speaker 2>I feel like there has been progress, But like in

0:12:45.559 --> 0:12:48.480
<v Speaker 2>many areas, there is much progress to go, just by

0:12:48.480 --> 0:12:51.520
<v Speaker 2>way of the fact that people didn't even realize. People

0:12:51.559 --> 0:12:54.400
<v Speaker 2>outside of our communities didn't realize that this was even

0:12:54.440 --> 0:13:00.679
<v Speaker 2>a thing. One reason why I have even after I

0:13:00.760 --> 0:13:03.559
<v Speaker 2>chose to go natural, sometimes i'd do a blowout or something.

0:13:03.559 --> 0:13:05.880
<v Speaker 2>I figure, you know, I can do my looks as

0:13:05.920 --> 0:13:09.280
<v Speaker 2>I please. But once I started doing television, I made

0:13:09.640 --> 0:13:11.640
<v Speaker 2>a conscious decision that I would never blow out or

0:13:11.679 --> 0:13:15.280
<v Speaker 2>straighten my hair on TV because I thought especially and

0:13:15.360 --> 0:13:17.880
<v Speaker 2>this really started when I was on guest hosting the

0:13:17.920 --> 0:13:20.600
<v Speaker 2>c SPAN Morning call in show. You get collars from

0:13:20.679 --> 0:13:22.960
<v Speaker 2>all over the country, all over the world, and like

0:13:23.000 --> 0:13:26.480
<v Speaker 2>it's important that the people in Nebraska see what my

0:13:26.559 --> 0:13:30.160
<v Speaker 2>hair looks like. It's important for the people in Boise, Idoh,

0:13:30.840 --> 0:13:35.720
<v Speaker 2>every place to see what natural hair looks like in

0:13:35.760 --> 0:13:39.240
<v Speaker 2>their living rooms as they're having their coffee, so that

0:13:39.400 --> 0:13:44.040
<v Speaker 2>this can stop, so that this idea that that's not

0:13:44.120 --> 0:13:49.040
<v Speaker 2>acceptable in media, in news, it's okay. I'm When I

0:13:49.120 --> 0:13:52.439
<v Speaker 2>was in a journalism school, there were still people telling,

0:13:53.160 --> 0:13:55.320
<v Speaker 2>you know, black women, you need to relax your hair,

0:13:55.360 --> 0:13:57.320
<v Speaker 2>You need to have a look that is acceptable for

0:13:57.400 --> 0:14:00.000
<v Speaker 2>TV news, you need to be accepted in people's living room,

0:14:00.240 --> 0:14:03.280
<v Speaker 2>and that essentially meant doing everything you can to adhere

0:14:03.360 --> 0:14:08.520
<v Speaker 2>to a Eurocentric beauty standard, and that's really appalling. In

0:14:08.559 --> 0:14:12.600
<v Speaker 2>so many spaces, we are forced to assimilate and adhere

0:14:12.720 --> 0:14:16.160
<v Speaker 2>to a standard created by someone else for someone else,

0:14:16.640 --> 0:14:19.440
<v Speaker 2>and we're the ones who are asked to change ourselves

0:14:19.480 --> 0:14:22.160
<v Speaker 2>as opposed to the other way around, other people learning

0:14:22.160 --> 0:14:23.840
<v Speaker 2>to accept us. And I didn't want to be a

0:14:23.840 --> 0:14:25.840
<v Speaker 2>part of that, so that was important to me. I

0:14:25.840 --> 0:14:28.360
<v Speaker 2>think now you see a lot more people wearing their

0:14:28.720 --> 0:14:33.400
<v Speaker 2>hair natural, being themselves, clothing that it fits us better

0:14:33.440 --> 0:14:35.720
<v Speaker 2>because our bodies can be different. I mean, so many

0:14:35.800 --> 0:14:38.880
<v Speaker 2>things are beginning to change. I still think there's a

0:14:38.880 --> 0:14:39.280
<v Speaker 2>way to go.

0:14:39.600 --> 0:14:42.560
<v Speaker 1>I thought about often, how because I was a senior

0:14:42.600 --> 0:14:45.400
<v Speaker 1>director at my company. Yes, sure I wasn't the CEO

0:14:45.520 --> 0:14:47.360
<v Speaker 1>or anything like that, but I was able to set

0:14:47.400 --> 0:14:51.720
<v Speaker 1>a tone and the level of is acceptability the right word,

0:14:51.760 --> 0:14:54.240
<v Speaker 1>but I felt like anyone who joined my team, and

0:14:54.240 --> 0:14:58.240
<v Speaker 1>my team was like nearly half bipock. Intentionally on my part,

0:14:58.280 --> 0:15:00.240
<v Speaker 1>I was like, I'm going to be the quiet leper

0:15:00.280 --> 0:15:02.080
<v Speaker 1>sell that's going to be hiring these black and brown

0:15:02.120 --> 0:15:03.520
<v Speaker 1>people and they're not going to know I'm doing it,

0:15:03.560 --> 0:15:07.160
<v Speaker 1>and I'm gonna do it that because I was representing

0:15:07.200 --> 0:15:10.120
<v Speaker 1>and I was there my natural hair, that at least

0:15:10.160 --> 0:15:12.240
<v Speaker 1>the signal would be sent that this is okay. I'm

0:15:12.240 --> 0:15:14.000
<v Speaker 1>going to make it okay. And that's why I feel

0:15:14.000 --> 0:15:19.840
<v Speaker 1>like so passionate and dedicated to more women of color

0:15:20.440 --> 0:15:24.720
<v Speaker 1>in positions of power, putting yourself out there and all

0:15:24.720 --> 0:15:26.720
<v Speaker 1>of that. And I don't even know where I'm going

0:15:26.760 --> 0:15:29.920
<v Speaker 1>with this, but just to say thank you, it does matter.

0:15:30.880 --> 0:15:33.040
<v Speaker 1>And I tell you right now, when I drop myself

0:15:33.040 --> 0:15:35.000
<v Speaker 1>off at his daycare, which is mostly white, because this

0:15:35.120 --> 0:15:37.320
<v Speaker 1>is like I'm in the burbs now, the number of

0:15:37.400 --> 0:15:39.440
<v Speaker 1>little boys and girls who come out and stare at

0:15:39.480 --> 0:15:43.120
<v Speaker 1>my hair and point at it. You really like, as

0:15:43.640 --> 0:15:45.360
<v Speaker 1>I'm like one of the only black moms. I think

0:15:45.400 --> 0:15:48.160
<v Speaker 1>I saw a black mom last week. I'm not kidding.

0:15:48.200 --> 0:15:50.200
<v Speaker 1>I feel like a zoo animal sometimes.

0:15:50.320 --> 0:15:52.600
<v Speaker 2>Once somebody touched my hair on the subway and I

0:15:52.640 --> 0:15:56.720
<v Speaker 2>was just tripping, you know, like it it's like, this

0:15:56.760 --> 0:15:58.760
<v Speaker 2>is not a petting zoo, Like what are you doing?

0:16:00.080 --> 0:16:02.680
<v Speaker 1>Too short to touch it? But I can. But they're kids,

0:16:02.720 --> 0:16:07.480
<v Speaker 1>you know, too short. But I make sure I smile

0:16:07.560 --> 0:16:10.440
<v Speaker 1>big and I say hello, and I'm like, yep, this

0:16:10.680 --> 0:16:14.600
<v Speaker 1>is what moms look like too. But you never it

0:16:15.160 --> 0:16:17.080
<v Speaker 1>it really is. I mean, I don't, and it sucks

0:16:17.080 --> 0:16:20.480
<v Speaker 1>because you know, you think I may be the only

0:16:20.520 --> 0:16:22.720
<v Speaker 1>black woman they've seen today, you know what I mean.

0:16:23.360 --> 0:16:26.240
<v Speaker 1>And it's not okay, But that's where we live in

0:16:26.640 --> 0:16:29.280
<v Speaker 1>Okay the a fan. I'll be right back with more

0:16:29.320 --> 0:16:33.560
<v Speaker 1>of my conversation with Kimberly Atkinstore from the Boston Globe.

0:16:34.160 --> 0:16:36.080
<v Speaker 1>All right, Va Fan, I am back, So let's jump

0:16:36.120 --> 0:16:39.120
<v Speaker 1>back into my conversation with Kimberly Atkins Store from the

0:16:39.120 --> 0:16:41.760
<v Speaker 1>Boston Globe. So you write about a lot of what

0:16:41.760 --> 0:16:44.040
<v Speaker 1>you write about is and you also your podcast I'm

0:16:44.040 --> 0:16:46.720
<v Speaker 1>going to talk about that is the intersection of law

0:16:47.280 --> 0:16:50.920
<v Speaker 1>and the news and politics, am I correct? So what is?

0:16:50.960 --> 0:16:51.040
<v Speaker 2>So?

0:16:51.560 --> 0:16:54.160
<v Speaker 1>What excites you about that space? Because I know a

0:16:54.160 --> 0:16:56.800
<v Speaker 1>lot of people having come through this election, especially black women,

0:16:56.840 --> 0:17:00.680
<v Speaker 1>are just like tired. But what what drives and motivates

0:17:00.720 --> 0:17:02.320
<v Speaker 1>you to cover this area? Yeah?

0:17:02.360 --> 0:17:05.159
<v Speaker 2>I mean I was tired too, but that sort of

0:17:05.240 --> 0:17:09.160
<v Speaker 2>reinforces the importance of all of this, right, I mean,

0:17:09.480 --> 0:17:11.760
<v Speaker 2>so I was a lawyer. I was a lawyer before

0:17:11.800 --> 0:17:13.639
<v Speaker 2>I was a journalist, what kind of I mean. I

0:17:13.680 --> 0:17:16.000
<v Speaker 2>wrote for my college newspaper and stuff, and I really

0:17:16.000 --> 0:17:18.480
<v Speaker 2>loved journalism in college. I majored in journalism in college.

0:17:18.480 --> 0:17:20.000
<v Speaker 2>But I knew I was going to law school, and

0:17:20.040 --> 0:17:23.159
<v Speaker 2>I practiced law for a while, and I realized that

0:17:23.240 --> 0:17:26.080
<v Speaker 2>it was not for me for a lot of reasons.

0:17:26.119 --> 0:17:28.240
<v Speaker 2>I just think that was not you know, sometimes you

0:17:28.280 --> 0:17:30.040
<v Speaker 2>were in a career and you realize that that wasn't

0:17:30.080 --> 0:17:32.200
<v Speaker 2>the right choice for you and that there are other options.

0:17:32.240 --> 0:17:34.320
<v Speaker 2>And I was still in my twenties. I thought it

0:17:34.359 --> 0:17:36.600
<v Speaker 2>was a good idea for me to explore other options

0:17:36.600 --> 0:17:39.879
<v Speaker 2>before committing to something that might make me unhappy in

0:17:39.960 --> 0:17:43.920
<v Speaker 2>the long term. It was not specifically race issues that

0:17:44.960 --> 0:17:47.320
<v Speaker 2>chased me away from practicing law, even though I was

0:17:47.440 --> 0:17:51.320
<v Speaker 2>a civil litigation attorney in Boston in which I could

0:17:51.359 --> 0:17:56.840
<v Speaker 2>go weeks without seeing another black person in the legal space.

0:17:57.520 --> 0:18:00.280
<v Speaker 2>I worked for a wonderful employer, but I would go

0:18:00.280 --> 0:18:02.320
<v Speaker 2>to court to argue a case and sometimes be directed

0:18:02.359 --> 0:18:05.080
<v Speaker 2>to the criminal division or asked if I'm represented by counsel,

0:18:05.359 --> 0:18:07.399
<v Speaker 2>or asked if I was a criminal defendant. But that

0:18:07.480 --> 0:18:09.639
<v Speaker 2>wasn't the main reason I stopped. I just knew that

0:18:09.680 --> 0:18:13.840
<v Speaker 2>wasn't my bliss, even though I thought the law was interesting.

0:18:14.400 --> 0:18:16.960
<v Speaker 2>And so my journalism career, as you said, actually ended

0:18:17.040 --> 0:18:19.560
<v Speaker 2>up steering me toward a job covering the US Supreme

0:18:19.600 --> 0:18:23.280
<v Speaker 2>Court for the Lawyer's weekly papers. And I loved that.

0:18:23.480 --> 0:18:27.120
<v Speaker 2>I loved being on that side, the journalism side, covering

0:18:27.160 --> 0:18:30.600
<v Speaker 2>these cases and why they were so important and explaining

0:18:30.640 --> 0:18:32.480
<v Speaker 2>that to people. And I was pretty good at doing

0:18:32.520 --> 0:18:36.639
<v Speaker 2>that as well. And then as I transitioned away from that,

0:18:36.880 --> 0:18:41.119
<v Speaker 2>I got into politics. I never intended to cover politics.

0:18:41.160 --> 0:18:43.119
<v Speaker 2>I was actually afraid of it, and I had an

0:18:43.200 --> 0:18:45.159
<v Speaker 2>editor when I was at the Boston Herald that said, ah,

0:18:45.200 --> 0:18:46.719
<v Speaker 2>I think you'd be good at that. Go you know,

0:18:47.119 --> 0:18:48.960
<v Speaker 2>go to the State House and cover it Romney and

0:18:49.000 --> 0:18:52.600
<v Speaker 2>I was like, do what now? So I did that

0:18:52.640 --> 0:18:54.600
<v Speaker 2>and I really loved it. It was a lot of fun,

0:18:54.720 --> 0:18:56.960
<v Speaker 2>and I've since then been able to sort of keep

0:18:57.320 --> 0:18:59.560
<v Speaker 2>a hand in both of those places, as well as

0:18:59.560 --> 0:19:03.280
<v Speaker 2>covering other national news as well. But that intersection is

0:19:03.359 --> 0:19:08.480
<v Speaker 2>really important in understanding how laws are made, what they cover,

0:19:08.640 --> 0:19:10.639
<v Speaker 2>what they impact. I mean, take the Crown Act. We

0:19:10.760 --> 0:19:15.600
<v Speaker 2>already have a law that prohibits discrimination in workplaces, so

0:19:16.359 --> 0:19:21.280
<v Speaker 2>technically it should already it is already illegal for employers

0:19:21.359 --> 0:19:24.720
<v Speaker 2>to discriminate against people and not promote them or demote

0:19:24.720 --> 0:19:27.000
<v Speaker 2>them or not hire them because of their hair texture.

0:19:27.359 --> 0:19:31.560
<v Speaker 2>But because people are unaware of that, and because an

0:19:31.560 --> 0:19:33.439
<v Speaker 2>employer can just say well, we have the right to

0:19:33.480 --> 0:19:36.760
<v Speaker 2>set standards, you know, dress codes, hair codes, whatever we

0:19:36.800 --> 0:19:39.479
<v Speaker 2>want to do, and judges will say, hey, I think

0:19:39.560 --> 0:19:43.399
<v Speaker 2>that's right. You need an additional law in the Ground

0:19:43.480 --> 0:19:47.800
<v Speaker 2>Act to say no, no, it includes this. That's how

0:19:47.840 --> 0:19:51.160
<v Speaker 2>the legal system works, and explaining to people exactly why

0:19:51.200 --> 0:19:53.399
<v Speaker 2>that is when they would say, well, why is that

0:19:53.600 --> 0:19:56.840
<v Speaker 2>isn't already illegal? Well it is, but sometimes you need

0:19:56.920 --> 0:19:59.639
<v Speaker 2>that extra bit of help. The same way with it

0:19:59.720 --> 0:20:06.480
<v Speaker 2>wasn't the Emancipation Proclamation that required the end of enslaving people.

0:20:06.560 --> 0:20:08.960
<v Speaker 2>It took an amendment to the Constitution, and then it

0:20:08.960 --> 0:20:13.119
<v Speaker 2>took states to actually adhere by that amendment to the Constitution.

0:20:13.200 --> 0:20:15.520
<v Speaker 2>It took much longer and much more, and you need

0:20:15.560 --> 0:20:18.879
<v Speaker 2>people explaining that process and what happens in those early

0:20:19.200 --> 0:20:24.760
<v Speaker 2>emancipation abolitionist newspapers like the First Emancipator, like The Liberator

0:20:24.800 --> 0:20:26.560
<v Speaker 2>and others. You could I have been going back and

0:20:26.600 --> 0:20:28.800
<v Speaker 2>reading them as part of this project, and you actually

0:20:28.840 --> 0:20:32.680
<v Speaker 2>see people like William Lord Garrison writing, you know, what

0:20:32.720 --> 0:20:35.439
<v Speaker 2>Lincoln did is all is nice, but that's not going

0:20:35.520 --> 0:20:38.760
<v Speaker 2>to change anything unless all these other things are done.

0:20:38.760 --> 0:20:41.679
<v Speaker 2>And they understood that. And so that's the kind of

0:20:42.000 --> 0:20:44.919
<v Speaker 2>the kind of approach that we're taking with the Emancipator.

0:20:44.920 --> 0:20:47.879
<v Speaker 2>And having that legal background and having the understanding of

0:20:47.920 --> 0:20:51.679
<v Speaker 2>the political realities is super valuable to be able to

0:20:51.760 --> 0:20:52.680
<v Speaker 2>help bring that to bear.

0:20:53.359 --> 0:20:55.280
<v Speaker 1>Yeah, I mean, I think as excited as I was

0:20:55.359 --> 0:20:57.760
<v Speaker 1>for the possibility of the Crown Act passing, I mean,

0:20:57.800 --> 0:20:59.320
<v Speaker 1>it's gone through the House now, it hasn't been through

0:20:59.320 --> 0:21:00.000
<v Speaker 1>the Senate yet.

0:20:59.880 --> 0:21:02.480
<v Speaker 2>Right, it has not. It faces a tough road there.

0:21:02.920 --> 0:21:06.600
<v Speaker 1>I yes, because the majority is like raiserin right, so

0:21:07.000 --> 0:21:09.520
<v Speaker 1>and probably Joe Manchin's going to screw it up somehow,

0:21:09.560 --> 0:21:13.200
<v Speaker 1>like he has been lately. But one of the things

0:21:13.200 --> 0:21:15.040
<v Speaker 1>about it was I was thinking about it, actually wrote

0:21:15.080 --> 0:21:18.040
<v Speaker 1>about it on LinkedIn because a white colleague of min

0:21:18.200 --> 0:21:20.560
<v Speaker 1>peer of mine had posted it, shared it, and I

0:21:20.640 --> 0:21:23.639
<v Speaker 1>was like, we still got to watch our backs. I mean,

0:21:23.680 --> 0:21:26.680
<v Speaker 1>obviously this is a piece of legislation, it does matter symbolically,

0:21:27.240 --> 0:21:29.840
<v Speaker 1>but the burden of proof will still be on us,

0:21:29.880 --> 0:21:31.560
<v Speaker 1>you know, So if you do feel like you are

0:21:31.560 --> 0:21:34.480
<v Speaker 1>being discriminated against because of your hair texture, I know

0:21:34.520 --> 0:21:36.160
<v Speaker 1>in some states it already has allow to be clear,

0:21:36.200 --> 0:21:38.320
<v Speaker 1>it's not federal yet, but in some states it is

0:21:38.320 --> 0:21:42.439
<v Speaker 1>a law. But keeping a record if there's any comments

0:21:42.800 --> 0:21:45.879
<v Speaker 1>or any you know. I think back to that twenty

0:21:45.920 --> 0:21:49.480
<v Speaker 1>something year old me who was being told by Jeff that,

0:21:49.720 --> 0:21:52.320
<v Speaker 1>you know, probably going back to relax would be the

0:21:51.880 --> 0:21:55.800
<v Speaker 1>better move for me. Ah man, if I'd only had

0:21:56.440 --> 0:22:00.480
<v Speaker 1>a record of that conversation. But protecting ourselves and also

0:22:00.640 --> 0:22:02.960
<v Speaker 1>not being complacent because at this at the end of

0:22:03.000 --> 0:22:07.400
<v Speaker 1>the day, even with legislation, the bias is so present.

0:22:08.119 --> 0:22:11.160
<v Speaker 1>People's bias against us, you know, and it doesn't always

0:22:11.200 --> 0:22:14.359
<v Speaker 1>come so wrapped up in a bow, you know, in

0:22:14.440 --> 0:22:17.240
<v Speaker 1>terms of discrimination, like we do not want you for

0:22:17.320 --> 0:22:20.160
<v Speaker 1>this position because we don't think that you're professional enough

0:22:20.200 --> 0:22:23.080
<v Speaker 1>because you're black and your hair is natural. It's it's

0:22:23.200 --> 0:22:25.919
<v Speaker 1>never that easy for us to prove. And that I

0:22:25.960 --> 0:22:29.760
<v Speaker 1>feel like is the is always the exhausting challenge of

0:22:29.800 --> 0:22:31.439
<v Speaker 1>it all it.

0:22:31.320 --> 0:22:34.560
<v Speaker 2>Is, and I think that's why conversations like this are

0:22:34.640 --> 0:22:38.760
<v Speaker 2>so important. I think that's why the Emancipator is so important.

0:22:39.000 --> 0:22:41.639
<v Speaker 2>I don't legislation is not going to save us. Okay,

0:22:41.760 --> 0:22:45.639
<v Speaker 2>legislation is not going to save us. We have to

0:22:45.720 --> 0:22:48.520
<v Speaker 2>get through to people. We have to connect with people

0:22:48.680 --> 0:22:53.720
<v Speaker 2>and let them understand exactly what the impact of things

0:22:53.800 --> 0:22:56.320
<v Speaker 2>like that, something that may seem so innoculous that just

0:22:56.440 --> 0:22:59.399
<v Speaker 2>was brushed off by people who have never been impacted

0:22:59.400 --> 0:23:02.120
<v Speaker 2>by it because I didn't know, they didn't understand, they've

0:23:02.119 --> 0:23:05.119
<v Speaker 2>never experienced that. And I think, you know, conversations like

0:23:05.160 --> 0:23:08.920
<v Speaker 2>this just teaching people, letting them see. I mean, for

0:23:09.119 --> 0:23:12.000
<v Speaker 2>the I don't mean to jump ahead, but the series

0:23:12.000 --> 0:23:17.080
<v Speaker 2>that I'm working on for the Emancipator is addresses built

0:23:17.160 --> 0:23:21.159
<v Speaker 2>in racial bias in financial systems, and I think I

0:23:21.280 --> 0:23:26.159
<v Speaker 2>genuinely believe that the people who will continue to perpetuate it.

0:23:26.200 --> 0:23:28.080
<v Speaker 2>A lot of these things were built by design. They

0:23:28.160 --> 0:23:31.440
<v Speaker 2>did not want black people to own property to get

0:23:31.680 --> 0:23:36.800
<v Speaker 2>wealth to That was by design, going back to antebellum times.

0:23:36.840 --> 0:23:40.440
<v Speaker 2>But what I think perpetuates it are people who think

0:23:40.480 --> 0:23:44.080
<v Speaker 2>they're being reasonable or being fair or doing the right thing,

0:23:44.280 --> 0:23:47.960
<v Speaker 2>or not understanding how that built in bias works. You know,

0:23:48.040 --> 0:23:51.720
<v Speaker 2>people who say, well, well, yes, I want somebody to

0:23:51.800 --> 0:23:53.800
<v Speaker 2>have to prove that they can pay for this house

0:23:53.840 --> 0:23:56.600
<v Speaker 2>if they buy it. That seems fair, right, So they

0:23:56.640 --> 0:23:59.959
<v Speaker 2>put in all of these procedures that are really surgic

0:24:00.600 --> 0:24:02.960
<v Speaker 2>targeted toward black folks to keep them from buying that

0:24:03.040 --> 0:24:06.680
<v Speaker 2>house or starting that business, or you know, they say, well,

0:24:06.720 --> 0:24:08.800
<v Speaker 2>I want my neighborhood to be safe, and there should

0:24:08.840 --> 0:24:11.360
<v Speaker 2>be ways to ensure that, and that gets into redlining

0:24:11.400 --> 0:24:15.040
<v Speaker 2>policies that are designed to keep black people out. It's

0:24:15.240 --> 0:24:18.520
<v Speaker 2>also teaching black people that they're somehow risky. You know,

0:24:18.760 --> 0:24:23.119
<v Speaker 2>so many systems, even more so than the criminal justice

0:24:23.119 --> 0:24:25.840
<v Speaker 2>system perhaps where you have this built in idea that

0:24:26.320 --> 0:24:28.840
<v Speaker 2>black people. You know, if you have something like a

0:24:29.000 --> 0:24:33.800
<v Speaker 2>police shooting, the justification of that is the subjective threat

0:24:34.040 --> 0:24:37.280
<v Speaker 2>that the police officer felt in that situation. So if

0:24:37.520 --> 0:24:40.280
<v Speaker 2>that police officer believes that black people inherently believes that

0:24:40.359 --> 0:24:43.399
<v Speaker 2>black people are more threatening, that's going to justify that

0:24:43.960 --> 0:24:48.879
<v Speaker 2>right Nowhere else is it that clear. As in financial systems,

0:24:49.280 --> 0:24:53.760
<v Speaker 2>where black people are perceived credit risks, Black people are

0:24:53.840 --> 0:24:56.760
<v Speaker 2>perceived security risks when they buy a house in your neighborhood.

0:24:57.280 --> 0:25:01.320
<v Speaker 2>Black people are seeing risky business venture because who's you know,

0:25:01.359 --> 0:25:03.960
<v Speaker 2>who's going to buy that product? Black people seen as

0:25:04.080 --> 0:25:06.760
<v Speaker 2>risk and that's built into the system. And I think

0:25:06.800 --> 0:25:09.919
<v Speaker 2>people don't understand how that plays out. But when you

0:25:09.960 --> 0:25:13.760
<v Speaker 2>explain it in that way, I hope, I hope people

0:25:14.000 --> 0:25:17.159
<v Speaker 2>all people will say, Oh, that isn't fair. That's not

0:25:17.200 --> 0:25:19.960
<v Speaker 2>how it should work. If you work hard, if you

0:25:20.320 --> 0:25:23.720
<v Speaker 2>do what you're supposed to, life, liberty and the pursuit

0:25:23.760 --> 0:25:26.880
<v Speaker 2>of happiness should be yours too. It shouldn't. You shouldn't

0:25:26.960 --> 0:25:29.800
<v Speaker 2>start out at a disadvantage just because of who you are.

0:25:30.160 --> 0:25:32.800
<v Speaker 2>And that's when I'm hoping this series will bring to bear,

0:25:32.920 --> 0:25:35.640
<v Speaker 2>will teach people and hopefully lead to some change.

0:25:35.760 --> 0:25:37.560
<v Speaker 1>Thank you for bringing that up. I didn't know that

0:25:37.600 --> 0:25:41.280
<v Speaker 1>your series was focused on the intersection of Black Americans

0:25:41.280 --> 0:25:44.920
<v Speaker 1>in the financial system. Where do we begin. I'm absolutely

0:25:45.640 --> 0:25:48.359
<v Speaker 1>I'm like panting here. Yes, let's talk about it. I

0:25:48.400 --> 0:25:50.720
<v Speaker 1>remember last summer, or not even last sum was it

0:25:50.800 --> 0:25:53.760
<v Speaker 1>last summer, my co host Tiffany It telling a story

0:25:53.800 --> 0:25:58.960
<v Speaker 1>of how her home was appraised lower. She actually had

0:25:59.160 --> 0:26:02.560
<v Speaker 1>a white friend that she had on tap to appear

0:26:02.600 --> 0:26:05.400
<v Speaker 1>at her home as as Tiffany, in order to get

0:26:05.440 --> 0:26:07.280
<v Speaker 1>a higher appraisal when they were trying to do I

0:26:07.280 --> 0:26:11.600
<v Speaker 1>think a refinance. And now we're starting to see more

0:26:11.760 --> 0:26:16.600
<v Speaker 1>of these really upsetting but important anecdotes from other black

0:26:16.600 --> 0:26:20.200
<v Speaker 1>homeowners who are proving our homes have been undervalued. And

0:26:20.240 --> 0:26:22.080
<v Speaker 1>I just think of and I live now in a

0:26:22.080 --> 0:26:24.560
<v Speaker 1>majority black neighborhood in the suburbs of New York, which

0:26:24.600 --> 0:26:26.320
<v Speaker 1>is just this little gem that I hope no one

0:26:26.359 --> 0:26:29.760
<v Speaker 1>bugs us, ever bothers us. But I have to reckon

0:26:29.760 --> 0:26:31.439
<v Speaker 1>with the fact that my husband and I could afford

0:26:31.480 --> 0:26:33.439
<v Speaker 1>a house here because it's one of the more cheaper

0:26:33.920 --> 0:26:37.520
<v Speaker 1>of areas of our county. And I have to assume

0:26:37.600 --> 0:26:39.719
<v Speaker 1>it's because it's a large it's been a largely black

0:26:40.040 --> 0:26:44.040
<v Speaker 1>middle class neighborhood, you know, since the nineteen forties, but

0:26:44.680 --> 0:26:47.679
<v Speaker 1>talk from of the series where do you even begin? Kim, Like,

0:26:47.760 --> 0:26:49.240
<v Speaker 1>where do you begin?

0:26:50.119 --> 0:26:53.359
<v Speaker 2>Yes? Do you know that point? I mean that point

0:26:53.400 --> 0:26:57.199
<v Speaker 2>in itself that just it resonates so hard. I was

0:26:57.240 --> 0:27:01.560
<v Speaker 2>talking to someone who is very well off, started an

0:27:01.800 --> 0:27:06.080
<v Speaker 2>entrepreneur who is pulling in massive amounts of money, and

0:27:06.119 --> 0:27:09.200
<v Speaker 2>even he had that experience about being quoted a higher

0:27:09.240 --> 0:27:12.040
<v Speaker 2>interest rate on a house that he was buying than

0:27:12.080 --> 0:27:15.359
<v Speaker 2>he was originally given when the transaction was still purely

0:27:15.400 --> 0:27:19.120
<v Speaker 2>online and once they saw him. So that effects that's

0:27:19.119 --> 0:27:23.360
<v Speaker 2>still happening in the realm of funny not funny. I

0:27:23.440 --> 0:27:26.199
<v Speaker 2>got married last year. My husband is white and we

0:27:26.240 --> 0:27:28.880
<v Speaker 2>are thinking about moving. And one of the things I've

0:27:28.880 --> 0:27:30.719
<v Speaker 2>said to him is like, all right, well, you know

0:27:31.520 --> 0:27:34.320
<v Speaker 2>you haven't had this experience before. But when it's time

0:27:34.359 --> 0:27:35.879
<v Speaker 2>to appraise the house, I think we should take the

0:27:35.880 --> 0:27:39.440
<v Speaker 2>picture down. When you know we are. If there is

0:27:39.480 --> 0:27:41.840
<v Speaker 2>a situation where you have to go into the mortgage agent,

0:27:41.960 --> 0:27:43.919
<v Speaker 2>you'll take the tax returns, and I want you to

0:27:43.960 --> 0:27:47.760
<v Speaker 2>go in and it's awful. It's awful too. I mean,

0:27:47.760 --> 0:27:51.760
<v Speaker 2>he was appalled, and I'm appalled to I'm appalled that

0:27:51.840 --> 0:27:54.359
<v Speaker 2>this is the system. I also don't want the sky

0:27:54.440 --> 0:27:56.000
<v Speaker 2>high interest rate, so I'm gonna do what I need

0:27:56.040 --> 0:27:59.240
<v Speaker 2>to do in the meantime to survive. But that's the

0:27:59.400 --> 0:28:03.560
<v Speaker 2>exactly the kind of thing that that we're talking about,

0:28:03.720 --> 0:28:07.560
<v Speaker 2>and it is foundationally, especially when it comes to buying

0:28:07.600 --> 0:28:13.040
<v Speaker 2>home property. I sort of start with explaining how preventing

0:28:13.080 --> 0:28:16.000
<v Speaker 2>black folks from owning land is the foundational part of

0:28:16.040 --> 0:28:18.920
<v Speaker 2>all of this, and then I go off. I go

0:28:18.960 --> 0:28:22.640
<v Speaker 2>in this series to explore four different areas where that's

0:28:22.680 --> 0:28:26.800
<v Speaker 2>just gotten a little bit less attention than housing discrimination

0:28:26.880 --> 0:28:30.240
<v Speaker 2>and redlining. One. This one's getting much more attention now

0:28:30.280 --> 0:28:33.000
<v Speaker 2>thanks to some lawmakers. But one is student loan debt.

0:28:33.359 --> 0:28:37.399
<v Speaker 2>Student loan debt is a massive contributor to the racial

0:28:37.400 --> 0:28:40.640
<v Speaker 2>wealth gap because black parents like mine, teach us got

0:28:40.760 --> 0:28:41.920
<v Speaker 2>to go to school. You got to go to college.

0:28:41.960 --> 0:28:43.600
<v Speaker 2>If you want to succeed, like you got to work

0:28:43.600 --> 0:28:46.560
<v Speaker 2>hard and go to college. Well, college is very expensive.

0:28:46.960 --> 0:28:48.680
<v Speaker 2>And then you know, I went to law school, I

0:28:48.720 --> 0:28:50.560
<v Speaker 2>became a lawyer. I did the things that I thought

0:28:50.600 --> 0:28:53.200
<v Speaker 2>I was supposed to do that landed me six figures

0:28:53.200 --> 0:28:56.000
<v Speaker 2>in debt. And I remembered when I was graduating law

0:28:56.000 --> 0:28:59.200
<v Speaker 2>school and I had my exit interview with the financial

0:28:59.240 --> 0:29:01.640
<v Speaker 2>aid talking to a friend of mine afterwards saying, oh,

0:29:01.680 --> 0:29:03.320
<v Speaker 2>my god, did you have your exit interview and they

0:29:03.360 --> 0:29:05.600
<v Speaker 2>just told you how much money you owe? Isn't that crazy?

0:29:05.840 --> 0:29:08.880
<v Speaker 2>And my friends, who were largely white, almost all white, said,

0:29:08.880 --> 0:29:12.360
<v Speaker 2>what interview? Well, we don't have loans. Our parents paid

0:29:12.360 --> 0:29:16.000
<v Speaker 2>for law school. And I thought, oh, so we graduated.

0:29:16.280 --> 0:29:20.760
<v Speaker 2>I'm seeing them buying cars, buying houses, getting married, moving

0:29:20.800 --> 0:29:23.719
<v Speaker 2>to the suburbs, and I'm still in my rental, you know,

0:29:23.960 --> 0:29:28.040
<v Speaker 2>in jamake a plane Boston, barely making ends meet, trying

0:29:28.080 --> 0:29:31.320
<v Speaker 2>to make those massive student loan payments the best that

0:29:31.400 --> 0:29:34.160
<v Speaker 2>I could. And it's like, Oh, this is what the

0:29:34.200 --> 0:29:36.880
<v Speaker 2>wealth gap means. It doesn't just mean what your parents

0:29:36.960 --> 0:29:40.040
<v Speaker 2>pass on to you. It's what you have in this

0:29:40.200 --> 0:29:43.440
<v Speaker 2>life as you're just trying to get by. And that

0:29:43.560 --> 0:29:45.520
<v Speaker 2>was sort of what made me think of this. And

0:29:45.560 --> 0:29:49.680
<v Speaker 2>I look at credit reporting, the barriers in there access

0:29:49.680 --> 0:29:53.080
<v Speaker 2>to business capital. Black people could be building, could be

0:29:53.160 --> 0:29:56.040
<v Speaker 2>contributing so much more to the economy if you just

0:29:56.120 --> 0:29:58.720
<v Speaker 2>let them start businesses and hire people and put that

0:29:58.760 --> 0:30:02.120
<v Speaker 2>money back into the economy and also invest in investment

0:30:02.160 --> 0:30:05.440
<v Speaker 2>and retirement. The racial wealth gap doesn't just harm black

0:30:05.440 --> 0:30:10.280
<v Speaker 2>and brown people harms everybody. It strips trillions of dollars

0:30:10.360 --> 0:30:14.160
<v Speaker 2>from the gross national product over our lifetimes. It really

0:30:14.240 --> 0:30:17.600
<v Speaker 2>is costing everyone money. And I'm hoping that if I

0:30:17.720 --> 0:30:19.840
<v Speaker 2>put it that way, like it's called you want to

0:30:19.920 --> 0:30:21.960
<v Speaker 2>you want to stop this from costing you money in

0:30:22.000 --> 0:30:24.400
<v Speaker 2>your pocket, then do what you can to be a

0:30:24.400 --> 0:30:25.480
<v Speaker 2>part of the solution here.

0:30:25.960 --> 0:30:29.360
<v Speaker 1>Yeah, I'm so grateful that we have that you are

0:30:29.360 --> 0:30:32.360
<v Speaker 1>doing this kind of work. It's so so important, and

0:30:32.400 --> 0:30:34.320
<v Speaker 1>I hope that a lot of non black people read

0:30:34.360 --> 0:30:37.640
<v Speaker 1>it and are moved by it and understand, because I

0:30:37.680 --> 0:30:39.960
<v Speaker 1>bet all those friends from of years from law school

0:30:40.000 --> 0:30:42.080
<v Speaker 1>probably go through the world thinking I worked hard. I

0:30:42.120 --> 0:30:45.120
<v Speaker 1>went to law school. You know people are mad that

0:30:45.120 --> 0:30:47.000
<v Speaker 1>they can't have a house, Well, they should have worked harder.

0:30:47.200 --> 0:30:49.960
<v Speaker 1>But if you don't understand the privilege and that whole

0:30:50.280 --> 0:30:53.120
<v Speaker 1>starting line being so far set back for some people,

0:30:53.600 --> 0:30:57.400
<v Speaker 1>how how can you who? And you know the majority

0:30:57.480 --> 0:30:59.920
<v Speaker 1>is in power, right, so we need we need allyship

0:31:00.120 --> 0:31:04.760
<v Speaker 1>understanding from non black and brown people in positions of power.

0:31:04.800 --> 0:31:07.840
<v Speaker 1>When they start to care, that's when the change happens.

0:31:07.880 --> 0:31:10.200
<v Speaker 1>We saw what happened with George Floyd in the summer

0:31:10.200 --> 0:31:14.080
<v Speaker 1>of twenty twenty, when enough of the majority started to care,

0:31:14.160 --> 0:31:18.800
<v Speaker 1>not just besides us, and it felt extraordinary. But how

0:31:18.800 --> 0:31:23.360
<v Speaker 1>can we bring something like that to the same fever

0:31:23.440 --> 0:31:29.120
<v Speaker 1>point in the financial sector. It's quiet discrimination, it's nefarious,

0:31:28.600 --> 0:31:31.760
<v Speaker 1>It's like a toxic cancer, right, And we understand it,

0:31:31.840 --> 0:31:33.920
<v Speaker 1>especially on brown ambition. We understand why it is that

0:31:33.920 --> 0:31:36.800
<v Speaker 1>we're doing what we're doing. But it doesn't necessarily always

0:31:36.840 --> 0:31:40.000
<v Speaker 1>make headlines. You know, there was that the more recent

0:31:40.040 --> 0:31:43.200
<v Speaker 1>one about Wells Fargo with was it Wells Fargo that

0:31:43.240 --> 0:31:47.400
<v Speaker 1>discriminated or gave so much more mortgage denials to black

0:31:47.400 --> 0:31:49.680
<v Speaker 1>homeowners and any other bank? I think it was recent.

0:31:50.280 --> 0:31:51.760
<v Speaker 1>I'll check the facts on that one. If it was

0:31:51.760 --> 0:31:53.920
<v Speaker 1>Wells Fargo or not. I just feel like they're the

0:31:53.920 --> 0:31:58.320
<v Speaker 1>worst in general, so probably it was them, But it's

0:31:58.440 --> 0:32:03.240
<v Speaker 1>usually Wells Fargo, right. But the attention that article was getting,

0:32:03.280 --> 0:32:06.520
<v Speaker 1>I'm like, yes, more of this, more data to show

0:32:06.560 --> 0:32:10.760
<v Speaker 1>how racism pops up for us, absolutely.

0:32:10.200 --> 0:32:13.160
<v Speaker 2>And it's also important for us to show solutions. You know,

0:32:13.720 --> 0:32:17.040
<v Speaker 2>these are things that we could be doing instead. These

0:32:17.080 --> 0:32:21.240
<v Speaker 2>are other paths that people have taken that maybe can

0:32:21.280 --> 0:32:24.280
<v Speaker 2>be adapted on a wider scale. These are things that people,

0:32:24.320 --> 0:32:28.000
<v Speaker 2>individuals can do to empower themselves in this system. So

0:32:28.000 --> 0:32:29.680
<v Speaker 2>we don't want it just to be, like I said,

0:32:29.720 --> 0:32:33.080
<v Speaker 2>a regurgitation of the problem. We want this to be

0:32:33.240 --> 0:32:36.920
<v Speaker 2>a playbooks and also start a conversation. Look, I don't

0:32:36.920 --> 0:32:38.880
<v Speaker 2>have all the answers. Even with all the reporting that

0:32:38.920 --> 0:32:41.560
<v Speaker 2>I did, all the people that I've talked to about solutions,

0:32:41.800 --> 0:32:44.400
<v Speaker 2>this is not exhaustive. So I hope once this comes

0:32:44.440 --> 0:32:47.360
<v Speaker 2>out more people will say, hey, you know, we know

0:32:47.440 --> 0:32:50.320
<v Speaker 2>that problem and this is a solution that we've tried,

0:32:50.440 --> 0:32:53.160
<v Speaker 2>or this is a new program that we are taking on,

0:32:53.600 --> 0:32:56.120
<v Speaker 2>so that we can continue this conversation and come up

0:32:56.120 --> 0:33:00.800
<v Speaker 2>with more solutions. It's not a stagnant thing, and so

0:33:00.880 --> 0:33:04.440
<v Speaker 2>that we can not only educate people about these barriers,

0:33:04.800 --> 0:33:09.719
<v Speaker 2>but also empower them, including all stakeholders, everybody from the

0:33:09.760 --> 0:33:13.640
<v Speaker 2>banks of America down to your individual self at your

0:33:13.760 --> 0:33:16.280
<v Speaker 2>kitchen table trying to make ends meet at the end

0:33:16.280 --> 0:33:19.440
<v Speaker 2>of each month. What everybody can do, what is in

0:33:19.560 --> 0:33:25.360
<v Speaker 2>everybody's power, was everybody's responsibility to making sure that that realization,

0:33:26.080 --> 0:33:29.160
<v Speaker 2>that ideal in the Declaration of Independence, life, liberty, and

0:33:29.200 --> 0:33:31.480
<v Speaker 2>the pursuit of happiness is real for everyone.

0:33:31.960 --> 0:33:34.800
<v Speaker 1>That's such a wonderful place to end our conversation. I

0:33:34.840 --> 0:33:37.640
<v Speaker 1>wish we had more time. I want everyone to not walk,

0:33:37.680 --> 0:33:40.440
<v Speaker 1>but run to the show notes right now, because we're

0:33:40.480 --> 0:33:44.800
<v Speaker 1>going to put a link to Kimberly's newsletter Unbound in there,

0:33:45.120 --> 0:33:46.959
<v Speaker 1>and also a link to where you can find out

0:33:47.040 --> 0:33:50.360
<v Speaker 1>more about the Emancipator, which will be launching this month

0:33:50.480 --> 0:33:54.120
<v Speaker 1>in April. Congratulations Kim on the Emancipator, on Unbound, on

0:33:54.160 --> 0:33:57.080
<v Speaker 1>all your success. Thank you so much for joining Brown

0:33:57.120 --> 0:33:59.880
<v Speaker 1>Ambition and spend such a wonderful conversation. I've loved having you.

0:34:00.600 --> 0:34:02.800
<v Speaker 2>Thank you so much for having me on. I've loved

0:34:02.840 --> 0:34:03.320
<v Speaker 2>talking to you.

0:34:04.520 --> 0:34:06.800
<v Speaker 1>Hey, ba fan, we could not do this show without

0:34:06.800 --> 0:34:09.880
<v Speaker 1>your support or the support of our team behind the scenes.

0:34:10.120 --> 0:34:13.760
<v Speaker 1>The Brown Emission podcast is produced by Cumulus Podcast Network.

0:34:13.800 --> 0:34:17.319
<v Speaker 1>It's edited by the wonderful Imani Crosby and produced by

0:34:17.360 --> 0:34:21.640
<v Speaker 1>Tanya Bustos. Dennistimplinsky is our in house tech guru, and

0:34:21.719 --> 0:34:24.480
<v Speaker 1>I am Bandy Woodard Santos, your co host, and I

0:34:24.719 --> 0:34:26.160
<v Speaker 1>will see y'all next week.