1 00:00:13,680 --> 00:00:17,720 Speaker 1: Good morning, peeps, and welcome to woke f Daily with 2 00:00:17,920 --> 00:00:21,840 Speaker 1: meet your girl Danielle Moody. Right here, lie from the 3 00:00:21,960 --> 00:00:26,960 Speaker 1: Long Island Bunker. It is Tuesday. I know that it 4 00:00:27,080 --> 00:00:30,479 Speaker 1: is difficult for you guys to keep track of the days, 5 00:00:30,520 --> 00:00:34,839 Speaker 1: but it is Tuesday, April twenty eighth. If you can 6 00:00:34,880 --> 00:00:38,040 Speaker 1: imagine that for those of us that are in and 7 00:00:38,159 --> 00:00:42,560 Speaker 1: around the Tri state New York area, it is close 8 00:00:42,600 --> 00:00:47,159 Speaker 1: to sixty days that we have been as Governor Cuomo 9 00:00:47,200 --> 00:00:52,040 Speaker 1: will refer to it on pause this week. There are 10 00:00:52,400 --> 00:00:58,760 Speaker 1: several states that are reopening for business, Texas being the 11 00:00:58,880 --> 00:01:05,920 Speaker 1: latest to announced through Governor Abbott yesterday when he has 12 00:01:05,959 --> 00:01:10,199 Speaker 1: said that he is opening up the state and opening 13 00:01:10,319 --> 00:01:16,480 Speaker 1: up recreational areas and the goal here is that they 14 00:01:16,520 --> 00:01:20,640 Speaker 1: will be opened at twenty five percent capacity in order 15 00:01:20,720 --> 00:01:26,200 Speaker 1: to consistently work with social distancing. And I guess the 16 00:01:26,319 --> 00:01:29,039 Speaker 1: state of Texas is just open to being a Petrie dish. 17 00:01:29,160 --> 00:01:31,440 Speaker 1: You know, we'll see what happens. Right The same thing 18 00:01:31,959 --> 00:01:36,840 Speaker 1: is happening in Georgia and in a handful of states 19 00:01:36,920 --> 00:01:44,280 Speaker 1: around the country. What is incredibly how do I say this? 20 00:01:45,000 --> 00:01:51,520 Speaker 1: What do you say? You know? At this time? Yesterday, 21 00:01:52,360 --> 00:01:56,040 Speaker 1: Trump held a. I don't know what the fuck you 22 00:01:56,080 --> 00:01:58,440 Speaker 1: call it, right, Like it wasn't a fucking press conference, 23 00:01:58,720 --> 00:02:02,480 Speaker 1: right when you tout a bunch of executives and you 24 00:02:02,680 --> 00:02:08,360 Speaker 1: sideline your health officials, your scientists, right, and you decide 25 00:02:08,360 --> 00:02:12,480 Speaker 1: instead to put executives front and center. You know exactly 26 00:02:12,639 --> 00:02:16,280 Speaker 1: where the priorities of this president and this administration is, 27 00:02:16,720 --> 00:02:21,120 Speaker 1: and it isn't in making sure that we don't surpass 28 00:02:21,680 --> 00:02:25,800 Speaker 1: the million infection rates in the United States. Now, mind 29 00:02:25,840 --> 00:02:29,640 Speaker 1: you that the closest country behind the United States in 30 00:02:29,760 --> 00:02:35,040 Speaker 1: terms of coronavirus infections is in fact, I believe. Hold on, 31 00:02:35,440 --> 00:02:38,359 Speaker 1: don't quote me on it. Let's let's let me look 32 00:02:39,200 --> 00:02:45,440 Speaker 1: because it is either Spain or it is Italy. And 33 00:02:46,280 --> 00:02:49,880 Speaker 1: what is worldwide? Put it? Put it this way. Let 34 00:02:50,280 --> 00:02:53,080 Speaker 1: let's just let's just take a look at this worldwide. 35 00:02:54,040 --> 00:02:59,280 Speaker 1: There are three million cases, okay, with eight hundred and 36 00:02:59,520 --> 00:03:03,799 Speaker 1: seventy eight thousand, eight hundred and thirteen people have recovered 37 00:03:04,400 --> 00:03:08,200 Speaker 1: and two hundred and eight thousand, one hundred and thirty 38 00:03:08,240 --> 00:03:13,920 Speaker 1: one deaths in the country. Okay, in the world, excuse me, 39 00:03:14,000 --> 00:03:18,840 Speaker 1: in the world, in the United States. Okay. This is 40 00:03:18,840 --> 00:03:24,640 Speaker 1: according to recent Google News, the United States has in fact, 41 00:03:24,840 --> 00:03:32,120 Speaker 1: surpassed the one million coronavirus cases. Okay, the United States 42 00:03:32,160 --> 00:03:38,200 Speaker 1: has surpassed that. The next country who is not even 43 00:03:38,240 --> 00:03:42,360 Speaker 1: close to where the United States has exploded is Spain 44 00:03:43,160 --> 00:03:48,000 Speaker 1: at two hundred and nineteen thousand, seven hundred and sixty 45 00:03:48,040 --> 00:03:58,280 Speaker 1: four cases. It is incredibly devastating what has happened in 46 00:03:58,360 --> 00:04:02,320 Speaker 1: the United States. And what's even worse is that we 47 00:04:02,520 --> 00:04:07,280 Speaker 1: have a president that doesn't give a fuck. He is 48 00:04:07,320 --> 00:04:12,400 Speaker 1: either spending part of his time, you know, just brainstorming 49 00:04:13,000 --> 00:04:18,120 Speaker 1: out loud to the entire population of the of the 50 00:04:18,200 --> 00:04:21,920 Speaker 1: United States, saying things like we can use UV lights 51 00:04:22,000 --> 00:04:24,719 Speaker 1: to you know, inject in the body, or maybe we 52 00:04:24,760 --> 00:04:27,880 Speaker 1: can use disinfectant, or maybe if we all stand on 53 00:04:27,920 --> 00:04:31,479 Speaker 1: our heads and spend ten times, that'll knock the virus out. 54 00:04:31,560 --> 00:04:34,240 Speaker 1: Or hey, maybe we'll use an AAR fifteen and just 55 00:04:34,320 --> 00:04:36,760 Speaker 1: shoot it out of our bodies. Every time that the 56 00:04:36,800 --> 00:04:41,480 Speaker 1: President misspeaks or as I prefer to say, talks a 57 00:04:41,480 --> 00:04:44,880 Speaker 1: lot of hot shit, the White House then comes out 58 00:04:44,920 --> 00:04:47,880 Speaker 1: and says, well, what are you crazy? It was just 59 00:04:48,160 --> 00:04:51,720 Speaker 1: he was just being sarcastic, or he was just thinking, 60 00:04:51,839 --> 00:04:55,280 Speaker 1: or he's just questioning aloud. Let me tell you a 61 00:04:55,279 --> 00:05:00,920 Speaker 1: time when it is okay for the president to question 62 00:05:01,640 --> 00:05:06,920 Speaker 1: during his daily fucking presidential briefings that are behind closed doors. 63 00:05:07,040 --> 00:05:10,760 Speaker 1: Those are the times when you ask the questions, no 64 00:05:10,800 --> 00:05:15,000 Speaker 1: matter how fucking stupid you ask them, But you ask 65 00:05:15,120 --> 00:05:20,120 Speaker 1: them of scientists and doctors and researchers, not of the 66 00:05:20,200 --> 00:05:23,960 Speaker 1: fucking my pillow guy or whoever else is stock that 67 00:05:24,040 --> 00:05:29,080 Speaker 1: you own in the hydrochloric wine or in the tests 68 00:05:29,080 --> 00:05:33,240 Speaker 1: that are being administered. All of those executives yesterday got 69 00:05:33,320 --> 00:05:37,200 Speaker 1: up in the fucking rose Garden talking about the fact that, oh, 70 00:05:37,240 --> 00:05:40,280 Speaker 1: we can now do sixty thousand tests a week. Do 71 00:05:40,320 --> 00:05:43,640 Speaker 1: you know how many tests scientists have been telling us 72 00:05:43,680 --> 00:05:47,240 Speaker 1: that we need in order to be able to reopen safely. 73 00:05:48,040 --> 00:05:52,440 Speaker 1: You're talking of upwards of two hundred thousand tests a 74 00:05:52,640 --> 00:05:56,560 Speaker 1: fucking day. So tell me how sixty thousand tests in 75 00:05:56,640 --> 00:06:00,640 Speaker 1: a week is helping us. It isn't what the Trump 76 00:06:00,680 --> 00:06:04,640 Speaker 1: administration and all these fucking sycophants in these assholes that 77 00:06:04,720 --> 00:06:08,320 Speaker 1: are out in the streets protesting what they have seen. 78 00:06:09,040 --> 00:06:12,880 Speaker 1: And I've gotten into many an argument about this. What 79 00:06:13,040 --> 00:06:16,480 Speaker 1: they have seen and what they know is that they 80 00:06:16,520 --> 00:06:20,760 Speaker 1: are not the ones that are infected. That statistically it 81 00:06:20,920 --> 00:06:24,000 Speaker 1: is black and brown people that are dying at a 82 00:06:24,200 --> 00:06:28,039 Speaker 1: rapid rate from this virus on top of the elderly. 83 00:06:28,240 --> 00:06:33,760 Speaker 1: Now we already know that the elderly, according to the 84 00:06:33,800 --> 00:06:38,880 Speaker 1: Lieutenant Governor of Texas, is expendable. Right, they should just 85 00:06:39,000 --> 00:06:42,040 Speaker 1: give up their lives, you know, so that their grandchildren 86 00:06:42,080 --> 00:06:46,640 Speaker 1: can have a robust economy. Remember that conversation. And then 87 00:06:46,640 --> 00:06:48,560 Speaker 1: they look at black and brown people and they say, well, 88 00:06:48,600 --> 00:06:50,800 Speaker 1: we didn't fucking want you here anyway, and if slavery 89 00:06:50,800 --> 00:06:54,440 Speaker 1: didn't kill your ancestors, then hopefully maybe COVID will finish 90 00:06:54,440 --> 00:07:00,480 Speaker 1: the job. So they don't care. I have no doubt 91 00:07:00,960 --> 00:07:05,799 Speaker 1: that if these statistics were that white people were dying 92 00:07:06,160 --> 00:07:10,120 Speaker 1: at ten times the rate of black and brown people, oh, 93 00:07:10,240 --> 00:07:14,040 Speaker 1: we wouldn't be opening a fucking pack of gum let alone. Estate. 94 00:07:15,960 --> 00:07:18,840 Speaker 1: So the things that we have to do in this 95 00:07:18,960 --> 00:07:24,280 Speaker 1: moment is remember, I am begging you all not to 96 00:07:24,360 --> 00:07:27,960 Speaker 1: lose sight of what has been happening in this country 97 00:07:28,040 --> 00:07:31,800 Speaker 1: since January up until now, it will be May at 98 00:07:31,840 --> 00:07:35,120 Speaker 1: the end of this week, and what this president has 99 00:07:35,280 --> 00:07:40,600 Speaker 1: purposefully turned a blind eye too. So the latest reporting 100 00:07:41,240 --> 00:07:46,560 Speaker 1: in the Washington Post, let's let's let's go to the 101 00:07:46,680 --> 00:07:52,400 Speaker 1: Washington Post Latest what we have learned. What we have 102 00:07:52,600 --> 00:08:03,600 Speaker 1: learned is that intel agencies warned up and the administration 103 00:08:03,880 --> 00:08:09,240 Speaker 1: and whatever cabinet is actually full of the threat of 104 00:08:09,240 --> 00:08:14,120 Speaker 1: the coronavirus. This is according to Greg Miller and Allen 105 00:08:15,280 --> 00:08:19,680 Speaker 1: Nakashima of The Washington Post. Let me tell you quote. 106 00:08:20,160 --> 00:08:25,520 Speaker 1: US intelligence agency agencies issued warnings about the novel coronavirus 107 00:08:25,560 --> 00:08:29,480 Speaker 1: in more than a dozen classified briefings prepared for President 108 00:08:29,520 --> 00:08:35,000 Speaker 1: Trump in January and February, months during which he continued 109 00:08:35,160 --> 00:08:39,120 Speaker 1: to play down the threat. According to current and former 110 00:08:39,240 --> 00:08:44,480 Speaker 1: US officials, the repeated warnings were conveyed in issues of 111 00:08:44,520 --> 00:08:49,720 Speaker 1: the President's Daily Brief PDP, a sensitive report that is 112 00:08:49,800 --> 00:08:54,000 Speaker 1: produced before dawn each day and designed to call the 113 00:08:54,040 --> 00:08:58,280 Speaker 1: president's attention to the most significant global developments and security 114 00:08:58,320 --> 00:09:04,360 Speaker 1: threats for weeks. The pd B, as the report is known, 115 00:09:04,559 --> 00:09:08,400 Speaker 1: trace the viruses spread around the globe, made clear that 116 00:09:08,480 --> 00:09:13,679 Speaker 1: China was suppressing information about the contagions, transmissibility, and lethal toll, 117 00:09:13,920 --> 00:09:18,480 Speaker 1: and raised the prospect of dire political and economic consequences. 118 00:09:18,520 --> 00:09:23,600 Speaker 1: This came to the President's attention and to the cabinet 119 00:09:23,640 --> 00:09:31,040 Speaker 1: member's attention in fucking January in February, this president was 120 00:09:31,200 --> 00:09:36,800 Speaker 1: still perpetuating lies, calling it a hoax and downplaying the 121 00:09:36,920 --> 00:09:40,480 Speaker 1: number of cases, saying that, oh, we have fifteen and 122 00:09:40,600 --> 00:09:44,640 Speaker 1: soon it will be down to zero. Well, I don't 123 00:09:44,720 --> 00:09:48,520 Speaker 1: know how many zeros he was talking about, but now 124 00:09:48,520 --> 00:09:56,360 Speaker 1: we've hit this seven figure mark at one million, four thousand, 125 00:09:56,600 --> 00:10:00,720 Speaker 1: four hundred and thirty five coronavirus cases in the United States. 126 00:10:01,000 --> 00:10:05,360 Speaker 1: Not one state, not one state in this Union, has 127 00:10:05,440 --> 00:10:09,439 Speaker 1: gotten things under control. And yet now we no longer 128 00:10:09,480 --> 00:10:13,360 Speaker 1: are going to be hearing from scarf Lady or doctor Fauci, 129 00:10:13,559 --> 00:10:19,840 Speaker 1: because they're being sidelined because the image that the Trump 130 00:10:19,840 --> 00:10:23,240 Speaker 1: administration wants to put forward is that your public health 131 00:10:23,280 --> 00:10:28,760 Speaker 1: concerns are unnecessary. You don't need to worry about social distancing, 132 00:10:28,760 --> 00:10:31,520 Speaker 1: and you don't need to worry about masks and contagion 133 00:10:31,600 --> 00:10:36,080 Speaker 1: and all of those you know, uncomfortable, non cheerleadery things. 134 00:10:37,160 --> 00:10:41,240 Speaker 1: You can focus it on reopen America, which is what 135 00:10:41,320 --> 00:10:48,600 Speaker 1: the title was at his Rose Garden briefing to teleprompters 136 00:10:48,760 --> 00:10:56,160 Speaker 1: or to whatever it is computer screens that said reopening America. Now, 137 00:10:56,160 --> 00:10:59,680 Speaker 1: I've been saying for weeks now that the president can't 138 00:11:00,000 --> 00:11:03,120 Speaker 1: open shit. He didn't fucking close. And what we have 139 00:11:03,400 --> 00:11:09,040 Speaker 1: right now is a patchwork of guidelines, a patchwork of 140 00:11:09,120 --> 00:11:14,720 Speaker 1: reopenings and closures and pauses and stops, but nothing uniform 141 00:11:15,720 --> 00:11:21,000 Speaker 1: and nothing unified. And now what we are what we 142 00:11:21,080 --> 00:11:24,160 Speaker 1: know one is that this president doesn't fucking read to 143 00:11:24,280 --> 00:11:28,719 Speaker 1: begin with. So we know that presidential briefings, if it 144 00:11:28,800 --> 00:11:31,599 Speaker 1: wasn't coming in the form of a segment on Fox News, 145 00:11:31,760 --> 00:11:34,480 Speaker 1: we can guarantee that he wasn't paying attention to it. 146 00:11:35,679 --> 00:11:39,080 Speaker 1: And in the time right just remember again, folks, I 147 00:11:39,120 --> 00:11:44,080 Speaker 1: am begging you, there is nothing more important than your memory. 148 00:11:44,679 --> 00:11:50,559 Speaker 1: As we march towards November, remember that when Trump was 149 00:11:50,679 --> 00:11:57,800 Speaker 1: receiving Presidential Daily Briefings p d b's, when he was 150 00:11:57,840 --> 00:12:04,160 Speaker 1: receiving them and learning that China was suppressing how deadly, 151 00:12:04,559 --> 00:12:10,080 Speaker 1: how contagious this virus was. Not only did Trump ship 152 00:12:10,320 --> 00:12:15,680 Speaker 1: seventeen tons of ppees to China, he also sang the 153 00:12:15,760 --> 00:12:21,920 Speaker 1: praises of Jaijingping. Okay, the president who he was told 154 00:12:22,280 --> 00:12:29,199 Speaker 1: by his own intelligence committees were lying, lying to the world, 155 00:12:30,400 --> 00:12:35,240 Speaker 1: and lying to Trump. Now what else have we learned 156 00:12:35,480 --> 00:12:40,400 Speaker 1: during this time? Because folks, let us connect the fucking dots, 157 00:12:40,400 --> 00:12:44,640 Speaker 1: Because I'm telling you, if you look at the big 158 00:12:44,760 --> 00:12:50,600 Speaker 1: picture of this, I constantly say, follow the money. Okay, 159 00:12:51,320 --> 00:12:55,280 Speaker 1: So let me take you on a walk. Ready. Trump 160 00:12:55,320 --> 00:12:58,760 Speaker 1: gets a warning from intel agencies, which he doesn't trust, 161 00:12:58,800 --> 00:13:01,240 Speaker 1: by the way, because they're the same intel agencies that 162 00:13:01,320 --> 00:13:03,600 Speaker 1: alerted us to the fact that he's a fucking cheater 163 00:13:03,760 --> 00:13:06,600 Speaker 1: and tried to pressure the Ukraine. Also alerted us to 164 00:13:06,679 --> 00:13:10,040 Speaker 1: the fact that William Barr, his US Attorney General, also 165 00:13:10,280 --> 00:13:12,800 Speaker 1: tried to pressure the assees in order to do their 166 00:13:12,840 --> 00:13:15,400 Speaker 1: dirty work for them. So there's a reason why intel 167 00:13:16,280 --> 00:13:20,719 Speaker 1: intelligence agencies are not trusted with this administration, because if 168 00:13:20,760 --> 00:13:23,840 Speaker 1: you're a crook, why would you trust people whose job 169 00:13:23,880 --> 00:13:32,040 Speaker 1: it is to investigate criminals? You wouldn't. Okay. January February, 170 00:13:32,120 --> 00:13:39,120 Speaker 1: Trump is getting presidential daily briefings. Okay. Then the end 171 00:13:39,120 --> 00:13:44,320 Speaker 1: of January, beginning of February, knowing that this virus is 172 00:13:44,360 --> 00:13:50,200 Speaker 1: coming to our fucking shores, send seventeen tons of ppees 173 00:13:50,280 --> 00:13:58,320 Speaker 1: to China. Okay. We learned through Politico last week that 174 00:13:58,480 --> 00:14:02,000 Speaker 1: guess who Trump is in two for over two hundred 175 00:14:02,000 --> 00:14:06,520 Speaker 1: million dollars, not the United States Trump, Guess Who Trump 176 00:14:06,600 --> 00:14:10,640 Speaker 1: is in debt too. According to Politico. He's in debt 177 00:14:11,080 --> 00:14:15,120 Speaker 1: to the US, to the Bank of China, the Bank 178 00:14:15,160 --> 00:14:22,160 Speaker 1: of China which floated loans for his developments around the globe. 179 00:14:23,240 --> 00:14:29,760 Speaker 1: So pause for a second. Donald Trump is in debt. 180 00:14:30,520 --> 00:14:32,720 Speaker 1: He doesn't have the money in order to pony up 181 00:14:32,760 --> 00:14:37,520 Speaker 1: would is coming due, which is over two hundred million dollars. 182 00:14:37,600 --> 00:14:43,360 Speaker 1: So to appease the Chinese sends them over medical supplies 183 00:14:44,240 --> 00:14:47,520 Speaker 1: that we desperately were going to need in a month's 184 00:14:47,600 --> 00:14:52,800 Speaker 1: time in the United States. And then in that same 185 00:14:52,840 --> 00:14:58,520 Speaker 1: time is praising the president of China. Now that's only 186 00:14:58,600 --> 00:15:01,120 Speaker 1: number one. That's only the first dot. Do you know 187 00:15:01,160 --> 00:15:03,800 Speaker 1: what the other dot is? The other dot is the 188 00:15:03,840 --> 00:15:07,240 Speaker 1: fucking trade deal that was being worked on between the 189 00:15:07,360 --> 00:15:13,239 Speaker 1: United States and China. Now why is this important? Okay? 190 00:15:14,520 --> 00:15:19,920 Speaker 1: Because Trump has used the economy as the reason why 191 00:15:20,120 --> 00:15:23,080 Speaker 1: he should be president of the United States, why he 192 00:15:23,160 --> 00:15:27,680 Speaker 1: should ride Scott free into a second term. What we 193 00:15:27,840 --> 00:15:32,560 Speaker 1: know is that his trade deals, or lack thereof, have 194 00:15:32,760 --> 00:15:37,840 Speaker 1: fucked American farmers and fucked production in the United States. Hmm. Okay. 195 00:15:39,680 --> 00:15:43,720 Speaker 1: Then the Chinese put in a clause in the trade 196 00:15:43,760 --> 00:15:47,400 Speaker 1: agreement that has to do if if in fact, there 197 00:15:47,480 --> 00:15:53,600 Speaker 1: is a global pandemic and production stops that the deal 198 00:15:54,080 --> 00:15:59,920 Speaker 1: you know, won't fall apart. Right, Trump needs to sign 199 00:16:00,040 --> 00:16:04,280 Speaker 1: in this because he needs to tout success. But what 200 00:16:04,320 --> 00:16:07,400 Speaker 1: do we know about all of Trump's successes That they 201 00:16:07,400 --> 00:16:10,640 Speaker 1: are built on bullshit, smeared on a deck of cards, 202 00:16:12,400 --> 00:16:14,920 Speaker 1: and it's only a matter of time before it all 203 00:16:15,040 --> 00:16:20,640 Speaker 1: falls down and begins to stink. Bring us to the 204 00:16:20,680 --> 00:16:26,960 Speaker 1: present moment. April twenty eight, over one million cases of 205 00:16:27,000 --> 00:16:38,400 Speaker 1: the coronavirus, many hospitals at capacity, Governors forced to do 206 00:16:38,560 --> 00:16:43,520 Speaker 1: negotiations on their own with foreign entities because the United 207 00:16:43,520 --> 00:16:47,600 Speaker 1: States isn't doing it on their behalf. States having to 208 00:16:47,720 --> 00:16:57,240 Speaker 1: fight for PPE and ventilators, no unified response and no 209 00:16:57,400 --> 00:17:05,000 Speaker 1: acknowledgement of anything that any mistakes, any slow to reaction 210 00:17:06,119 --> 00:17:09,399 Speaker 1: on the part of this administration. On top of which, 211 00:17:10,119 --> 00:17:19,280 Speaker 1: after last week's bleach comments, multiple states were reporting calls 212 00:17:19,480 --> 00:17:27,280 Speaker 1: into health hotlines. At least thirty people administered disinfectant on 213 00:17:27,400 --> 00:17:33,520 Speaker 1: themselves in the state of New York. Lysol had to 214 00:17:33,560 --> 00:17:36,280 Speaker 1: issue his statement. Chlorax had to issue his statement. But 215 00:17:36,320 --> 00:17:41,119 Speaker 1: when asked yesterday if the president bears any responsibility, what 216 00:17:41,200 --> 00:17:44,200 Speaker 1: do you think that, his fucking answer was, he ain't 217 00:17:44,240 --> 00:17:50,640 Speaker 1: responsible for a goddamn thing. Right sounds about right. So 218 00:17:51,160 --> 00:17:56,720 Speaker 1: this president wants to take absolutely no responsible for a 219 00:17:56,880 --> 00:18:02,199 Speaker 1: spike in poison control after his statements. This is what 220 00:18:02,240 --> 00:18:07,359 Speaker 1: the Daily Beast is reporting on Monday. Trump claims no 221 00:18:07,480 --> 00:18:10,479 Speaker 1: responsibility for the spike and calls to poison control centers 222 00:18:10,520 --> 00:18:14,840 Speaker 1: after he suggested last week that ingesting disinfectants could be 223 00:18:14,960 --> 00:18:19,119 Speaker 1: used as a coronavirus cure. When asked about the rise 224 00:18:19,200 --> 00:18:25,159 Speaker 1: and call specifically related to household cleaner, Trump responded, I 225 00:18:25,280 --> 00:18:30,280 Speaker 1: can't imagine why. How fucking dumb do Republicans think that 226 00:18:30,320 --> 00:18:33,720 Speaker 1: we are. I asked myself that on a day to 227 00:18:33,840 --> 00:18:37,639 Speaker 1: day basis, because when I see their base out with 228 00:18:37,800 --> 00:18:44,560 Speaker 1: signs that read blame Obama or spell words like open wrong, 229 00:18:44,880 --> 00:18:48,040 Speaker 1: you know, I understand why they think that they can 230 00:18:48,080 --> 00:18:50,320 Speaker 1: get away with so much because their base is dumb, 231 00:18:51,440 --> 00:18:54,120 Speaker 1: and I'm not afraid to say so. Hillary Clinton called 232 00:18:54,160 --> 00:18:56,520 Speaker 1: them deplorable. I don't think that she went far enough. 233 00:18:56,680 --> 00:19:01,240 Speaker 1: They're fucking stupid, and in this particular case, stupidity actually 234 00:19:01,359 --> 00:19:06,680 Speaker 1: is dangerous and can it potentially be contagious. You have 235 00:19:06,960 --> 00:19:11,480 Speaker 1: multiple rallies that are taking place across the country with 236 00:19:11,560 --> 00:19:15,560 Speaker 1: people white folks demanding with their ar fifteen strapped to 237 00:19:15,600 --> 00:19:18,840 Speaker 1: their backs and gas max on their faces and wave 238 00:19:18,880 --> 00:19:21,360 Speaker 1: in their fucking American flag that it's time to reopen 239 00:19:22,640 --> 00:19:26,480 Speaker 1: because who believes in science, who believes in the media, 240 00:19:26,600 --> 00:19:32,639 Speaker 1: There are a bunch of mindless fools followers sheep. That's 241 00:19:32,640 --> 00:19:37,240 Speaker 1: where we are. So the timeline is very clear here, 242 00:19:38,040 --> 00:19:41,680 Speaker 1: and the more digging that will be done, the more 243 00:19:41,920 --> 00:19:46,360 Speaker 1: we will learn right, the more it will become apparent 244 00:19:48,119 --> 00:19:53,840 Speaker 1: what has happened, what Trump ignored, and how his decision 245 00:19:54,440 --> 00:20:03,800 Speaker 1: to ignore intel from his own agencies costs American lives. Now, 246 00:20:04,000 --> 00:20:09,040 Speaker 1: you had a White House spokesperson, of course, dispute the 247 00:20:09,119 --> 00:20:13,879 Speaker 1: characterization that Trump was slow to respond. In fact, spokesman 248 00:20:14,240 --> 00:20:18,240 Speaker 1: Hogan Gidley said this President Trump rose to fight the 249 00:20:18,320 --> 00:20:22,880 Speaker 1: crisis head on by taking early, aggressive, historic action. Again, 250 00:20:23,720 --> 00:20:26,480 Speaker 1: is this a case of don't believe what you hear 251 00:20:26,520 --> 00:20:29,960 Speaker 1: and don't believe what your eyes are telling you only 252 00:20:30,000 --> 00:20:31,880 Speaker 1: believe the words that are coming out of my mouth 253 00:20:31,880 --> 00:20:34,360 Speaker 1: that I can barely get out because I'm an incoherent, 254 00:20:34,840 --> 00:20:45,640 Speaker 1: blathering imbecile. That's in the fine print. So here we are. 255 00:20:46,840 --> 00:20:52,920 Speaker 1: This is where we are, and I want to tell 256 00:20:53,000 --> 00:20:55,880 Speaker 1: you every day, I want to tell you that things 257 00:20:55,880 --> 00:20:59,080 Speaker 1: are going to get better, and every day. If I 258 00:20:59,119 --> 00:21:01,359 Speaker 1: were to actually say that to you, I would be 259 00:21:01,400 --> 00:21:04,919 Speaker 1: a liar, and I actually believe in the truth, unlike 260 00:21:04,960 --> 00:21:08,639 Speaker 1: the President of the United States. Another piece by the 261 00:21:08,640 --> 00:21:13,639 Speaker 1: Washington Post says this the warnings conveyed in the PDB 262 00:21:14,600 --> 00:21:18,159 Speaker 1: probably will be a focus of any future investigation of 263 00:21:18,200 --> 00:21:23,399 Speaker 1: the Trump administration's handling of the pandemic. Representative Adam Schiff, 264 00:21:24,640 --> 00:21:27,960 Speaker 1: the chairman of the House Intelligence Committee and the brilliant 265 00:21:28,240 --> 00:21:33,920 Speaker 1: man that led us into the impeachment inquiry, in early April, 266 00:21:34,040 --> 00:21:37,560 Speaker 1: called for the formation of an independent commission analogous to 267 00:21:37,600 --> 00:21:41,320 Speaker 1: the one created to investigate the September eleventh, two thousand 268 00:21:41,359 --> 00:21:45,600 Speaker 1: and one attacks. In response to that probe, the George W. 269 00:21:45,880 --> 00:21:50,320 Speaker 1: Bush administration was pressured to declassify portions of the PDP 270 00:21:51,040 --> 00:21:55,560 Speaker 1: PDB from August two thousand and one and a month 271 00:21:55,640 --> 00:22:00,280 Speaker 1: before nine to eleven, warning that al Qaeda chief Osamabinaden 272 00:22:00,640 --> 00:22:04,760 Speaker 1: was determined to strike the United States. Senior officials with 273 00:22:04,920 --> 00:22:08,680 Speaker 1: direct knowledge of Trump's intelligence briefings say that Trump listens 274 00:22:08,800 --> 00:22:11,760 Speaker 1: and asks questions during the sessions we go in, and 275 00:22:11,840 --> 00:22:17,199 Speaker 1: he treats us with respect? Again, do you think we're dumb? 276 00:22:19,040 --> 00:22:23,520 Speaker 1: There isn't a fucking person that Donald Trump treats with 277 00:22:23,560 --> 00:22:28,520 Speaker 1: respect other than Donald Trump. What did Adam Shift tell 278 00:22:28,680 --> 00:22:32,879 Speaker 1: us what feels like sixteen years ago? But we're only 279 00:22:32,920 --> 00:22:35,679 Speaker 1: a handful of months ago when we were closing the 280 00:22:35,760 --> 00:22:40,960 Speaker 1: door on impeachment. Donald Trump will always do what is 281 00:22:41,040 --> 00:22:46,919 Speaker 1: best for Donald Trump. So what is best for Donald 282 00:22:46,960 --> 00:22:51,159 Speaker 1: Trump at this moment? Is it providing empathy to the 283 00:22:51,200 --> 00:22:55,680 Speaker 1: American people? Is it providing leadership in a time of 284 00:22:55,800 --> 00:23:00,760 Speaker 1: fear and anxiety? Is it putting the health and well 285 00:23:00,840 --> 00:23:05,560 Speaker 1: being of the most vulnerable among us first and figuring 286 00:23:05,600 --> 00:23:18,520 Speaker 1: out the economy after. No, it is sidelining scientists, doctors, researchers, virologists, 287 00:23:19,560 --> 00:23:24,920 Speaker 1: and everyone essentially with a PhD and or degree in 288 00:23:25,040 --> 00:23:31,000 Speaker 1: order to push the economic reopening of America. Because they 289 00:23:31,160 --> 00:23:34,040 Speaker 1: the death Party, which is what I now will call 290 00:23:34,080 --> 00:23:37,280 Speaker 1: the Republican Party the death Party because they sure it's 291 00:23:37,320 --> 00:23:41,480 Speaker 1: fucking not the pro life party. The death Party is 292 00:23:41,560 --> 00:23:46,680 Speaker 1: willing to sacrifice two to three percent of the American 293 00:23:46,760 --> 00:23:52,439 Speaker 1: population so that CEOs and shareholders can get you know, 294 00:23:53,600 --> 00:23:58,840 Speaker 1: they're just due. That's what they're interested in. I want 295 00:23:58,840 --> 00:24:01,560 Speaker 1: to look up. Just want to look up real quick. 296 00:24:01,600 --> 00:24:06,679 Speaker 1: Folks that can't possibly be right, you know, they would 297 00:24:06,680 --> 00:24:13,840 Speaker 1: be willing folks to sacrifice almost seven million people in 298 00:24:13,880 --> 00:24:17,800 Speaker 1: this country. We're a country of roughly three hundred and 299 00:24:17,840 --> 00:24:22,840 Speaker 1: thirty million. And what we know and what is true, 300 00:24:23,840 --> 00:24:28,000 Speaker 1: is that two to three percent of people who get 301 00:24:28,760 --> 00:24:33,360 Speaker 1: COVID nineteen, who contract the coronavirus, will in fact die. 302 00:24:34,200 --> 00:24:36,359 Speaker 1: That means that if you look at the entirety of 303 00:24:36,359 --> 00:24:41,119 Speaker 1: the United States, so approximately three hundred and thirty million people, 304 00:24:41,640 --> 00:24:47,639 Speaker 1: two percent is six point six million people. So the 305 00:24:47,760 --> 00:24:54,320 Speaker 1: death Party is willing to kill anywhere from six to 306 00:24:54,440 --> 00:24:58,960 Speaker 1: eight million people in order to reopen the economy. How 307 00:24:58,960 --> 00:25:01,160 Speaker 1: the fuck do you ru on a message like that 308 00:25:01,200 --> 00:25:08,000 Speaker 1: for reelection, that people with pre existing health conditions, people 309 00:25:08,080 --> 00:25:13,240 Speaker 1: that are poor, people that are first responders, frontline workers, 310 00:25:13,480 --> 00:25:18,600 Speaker 1: grocery store attendants, subway operators, bus conductors, that you are 311 00:25:18,640 --> 00:25:23,800 Speaker 1: willing to kill them in cold fucking blood. That is murder, 312 00:25:26,720 --> 00:25:32,440 Speaker 1: you know. When asked yesterday, one of the virologists that 313 00:25:32,480 --> 00:25:39,240 Speaker 1: goes on MSNBC, when asked yesterday, is that acceptable? Is 314 00:25:39,280 --> 00:25:42,000 Speaker 1: it acceptable? He said, I am not. And let me 315 00:25:42,200 --> 00:25:52,240 Speaker 1: I believe that his name is Joseph Fair. Joseph Fair 316 00:25:53,400 --> 00:26:02,439 Speaker 1: said yesterday that he was not willing to sept that 317 00:26:02,600 --> 00:26:06,320 Speaker 1: we would do nothing to protect two to three percent 318 00:26:06,320 --> 00:26:09,760 Speaker 1: of the population that doesn't have to die, but that 319 00:26:09,840 --> 00:26:14,040 Speaker 1: apparently Republicans are willing to sacrifice. He is a virologist 320 00:26:14,200 --> 00:26:19,879 Speaker 1: who spent his life dedicated to working on and eradicating 321 00:26:19,920 --> 00:26:24,880 Speaker 1: a bola for instance. Is not willing to say, yeah, 322 00:26:24,920 --> 00:26:26,760 Speaker 1: you know, we're just going to have to suck it 323 00:26:26,880 --> 00:26:30,080 Speaker 1: up and bury six to eight million people in the 324 00:26:30,200 --> 00:26:35,840 Speaker 1: United States in the next year. But the Death Party 325 00:26:36,359 --> 00:26:41,800 Speaker 1: totally willing, totally willing to do that. What does that 326 00:26:42,040 --> 00:26:46,280 Speaker 1: say about them? What does that say about their character, 327 00:26:47,880 --> 00:26:54,200 Speaker 1: about their sense of of of just right and wrong? 328 00:26:56,520 --> 00:27:05,240 Speaker 1: They are immoral, lacking a heart. I can't. I never 329 00:27:05,520 --> 00:27:10,760 Speaker 1: fathomed in my life, for as many things that I 330 00:27:10,800 --> 00:27:14,840 Speaker 1: have said about Republicans, from when I got engaged in 331 00:27:14,920 --> 00:27:20,600 Speaker 1: politics as a kid, I could never imagine that there 332 00:27:20,640 --> 00:27:22,879 Speaker 1: would be a party of the United States that is 333 00:27:22,920 --> 00:27:28,880 Speaker 1: willing to kill its own people for money for a profit. 334 00:27:31,400 --> 00:27:34,960 Speaker 1: That's where we are. You don't need to watch the 335 00:27:35,040 --> 00:27:39,720 Speaker 1: Hunger Games, you don't need to watch these sci fi shows. 336 00:27:39,760 --> 00:27:44,320 Speaker 1: You don't need to watch the hands Handman's tale. We're 337 00:27:44,400 --> 00:27:47,800 Speaker 1: living it. You know. Somebody said to me the other day, 338 00:27:49,119 --> 00:27:54,920 Speaker 1: speaking of the Handmaid's Tale. They said, you know, no 339 00:27:54,960 --> 00:27:58,679 Speaker 1: one would ever think, you know, that something like that 340 00:27:58,680 --> 00:28:01,480 Speaker 1: could happen in America. It would ever happened, And I 341 00:28:01,560 --> 00:28:06,560 Speaker 1: want to tell you it already has. Who the fuck 342 00:28:06,600 --> 00:28:14,200 Speaker 1: do you think we're nursing masters babies right during slavery, 343 00:28:14,600 --> 00:28:21,640 Speaker 1: whose children have been ripped literally ripped from knife by 344 00:28:21,640 --> 00:28:25,640 Speaker 1: a lynching mob from their bodies. Who do you think 345 00:28:25,800 --> 00:28:32,280 Speaker 1: was made to mate in captivity like fucking animals to 346 00:28:32,440 --> 00:28:41,560 Speaker 1: provide field workers on plantations, Black people, black women. All 347 00:28:41,600 --> 00:28:46,239 Speaker 1: of this dystopian shit that people get so wrapped up in. 348 00:28:46,680 --> 00:28:53,640 Speaker 1: Black Americans have already experienced. The black diaspora around the 349 00:28:53,680 --> 00:28:58,280 Speaker 1: world has already experienced the worst quote unquote nightmares that 350 00:28:58,320 --> 00:29:04,040 Speaker 1: are being written by Hollywood. All they have to do 351 00:29:04,160 --> 00:29:08,560 Speaker 1: is look at history, or excuse me, the parts of 352 00:29:08,600 --> 00:29:10,760 Speaker 1: history that have been left on the cutting room floor 353 00:29:10,920 --> 00:29:13,480 Speaker 1: because they don't make white America look too fucking good. 354 00:29:18,560 --> 00:29:24,320 Speaker 1: So the idea that the Death Party is willing to 355 00:29:24,360 --> 00:29:29,120 Speaker 1: sacrifice black and brown people or those with pre existing 356 00:29:29,160 --> 00:29:32,440 Speaker 1: conditions that they didn't want to cover on health insurance anyway. Well, 357 00:29:32,480 --> 00:29:40,040 Speaker 1: that's no sweat off their back, right. It's funny to 358 00:29:40,120 --> 00:29:44,760 Speaker 1: me that, but a handful of years ago they were 359 00:29:44,800 --> 00:29:47,240 Speaker 1: out in front of the Obama White House with their 360 00:29:47,280 --> 00:29:52,760 Speaker 1: stupid picket fucking signs talking about death panels when Obama 361 00:29:52,800 --> 00:29:57,440 Speaker 1: wanted to provide healthcare for every American. I wonder what 362 00:29:57,440 --> 00:30:02,080 Speaker 1: would have happened if we had had an actual robust 363 00:30:02,560 --> 00:30:10,200 Speaker 1: healthcare system that the government was invested in making sure 364 00:30:10,760 --> 00:30:15,440 Speaker 1: was sustainable, right, and that another administration couldn't just walk 365 00:30:15,480 --> 00:30:19,400 Speaker 1: in and undo everything and just close exchanges. Do you 366 00:30:19,440 --> 00:30:24,240 Speaker 1: know the countries who are responding well to this, they 367 00:30:24,280 --> 00:30:29,480 Speaker 1: actually take care of their citizens, all of them. Their 368 00:30:29,520 --> 00:30:33,000 Speaker 1: tax dollars actually do work for them because they have 369 00:30:34,040 --> 00:30:40,400 Speaker 1: universal healthcare, some have universal base income, or their governments 370 00:30:40,600 --> 00:30:42,680 Speaker 1: came out at the beginning of a pandemic and said, 371 00:30:42,880 --> 00:30:46,280 Speaker 1: don't you worry, because we're going to be providing you 372 00:30:46,320 --> 00:30:50,080 Speaker 1: and your family with at least two to three thousand 373 00:30:50,080 --> 00:30:54,480 Speaker 1: dollars a month on top of stopping mortgages and rents. 374 00:30:57,200 --> 00:31:02,360 Speaker 1: That's who's recovering. And I said my mother today, you know, 375 00:31:02,400 --> 00:31:06,640 Speaker 1: why do you think that that's happening? She asked me 376 00:31:06,720 --> 00:31:08,960 Speaker 1: why do you think that that's happening? And I said, 377 00:31:09,000 --> 00:31:14,640 Speaker 1: because when you have populations that are homogeneous, right, that 378 00:31:14,720 --> 00:31:20,160 Speaker 1: are largely white, like the Denmarks of the World and 379 00:31:20,200 --> 00:31:25,640 Speaker 1: the New Zealand's, then equity is a lot easier. But 380 00:31:25,760 --> 00:31:31,800 Speaker 1: see here in America, when you could potentially be offering 381 00:31:32,120 --> 00:31:34,840 Speaker 1: right if the government were to say, oh, we're going 382 00:31:34,880 --> 00:31:38,280 Speaker 1: to give universal healthcare world, those white racists don't want 383 00:31:38,280 --> 00:31:41,200 Speaker 1: those black, lazy people over there to have universal healthcare, 384 00:31:41,320 --> 00:31:43,640 Speaker 1: so they would rather cut off their nose to spite 385 00:31:43,680 --> 00:31:46,480 Speaker 1: their face, just to make sure you don't get anything. 386 00:31:47,160 --> 00:31:50,600 Speaker 1: You see, all of this boils down to racism. Why 387 00:31:50,640 --> 00:31:53,360 Speaker 1: don't we have these things because it means that there 388 00:31:53,360 --> 00:31:56,880 Speaker 1: would be equity across the board. And in our capitalistic 389 00:31:57,000 --> 00:32:00,719 Speaker 1: racist structure that was built on the backs of slaves 390 00:32:01,480 --> 00:32:05,040 Speaker 1: of enslaved African people. We don't believe in equity for 391 00:32:05,080 --> 00:32:12,160 Speaker 1: all people. We just believe in equity for some. That's 392 00:32:12,200 --> 00:32:16,680 Speaker 1: why the coronavirus has run a muck in the United States, 393 00:32:20,240 --> 00:32:22,720 Speaker 1: and that's why before this is all said and done, 394 00:32:24,760 --> 00:32:30,920 Speaker 1: millions of Americans will have perished. I am very excited 395 00:32:31,000 --> 00:32:35,080 Speaker 1: to welcome to Woke f Daily. Terry Williams She is 396 00:32:35,120 --> 00:32:39,000 Speaker 1: the president and COO and owner of One United Bank, 397 00:32:39,120 --> 00:32:43,000 Speaker 1: the largest black owned bank in the country, and supporter 398 00:32:43,160 --> 00:32:49,280 Speaker 1: of the hashtag bank black and hashtag by Black Movement. Hi, Terry, 399 00:32:49,360 --> 00:32:53,360 Speaker 1: thank you so much for joining me. Thank you, Danielle, 400 00:32:53,400 --> 00:32:55,640 Speaker 1: thanks for having me. I'm a big fan of you 401 00:32:55,800 --> 00:32:58,760 Speaker 1: and your podcast. Oh, thank you, thank you so much. 402 00:32:59,480 --> 00:33:04,000 Speaker 1: So tell me a bit about One United Bank. I mean, 403 00:33:04,480 --> 00:33:08,880 Speaker 1: you know, at one time, I imagine that there were 404 00:33:09,000 --> 00:33:13,520 Speaker 1: a ton of black oden banks, um, and over the 405 00:33:13,600 --> 00:33:18,240 Speaker 1: decades we have watched them dwindled down in size. So 406 00:33:18,320 --> 00:33:21,560 Speaker 1: what does it mean to you, um, to be one 407 00:33:21,560 --> 00:33:27,680 Speaker 1: of the few that are that are that are left. Um. Yeah, 408 00:33:27,760 --> 00:33:31,480 Speaker 1: so it first of all, it means a lot. And um, 409 00:33:31,560 --> 00:33:35,920 Speaker 1: we are happy to not only be alive, but actually 410 00:33:35,920 --> 00:33:40,600 Speaker 1: to be growing and continuing to offer services to our 411 00:33:40,640 --> 00:33:46,640 Speaker 1: community in a way that is unapologetically black. UM So. UM. 412 00:33:46,640 --> 00:33:50,200 Speaker 1: So that for us is great, UM. But we definitely 413 00:33:50,520 --> 00:33:54,680 Speaker 1: do feel the loss of other black own banks across 414 00:33:54,720 --> 00:33:59,920 Speaker 1: the country, UM, and do believe that, um, you know, 415 00:34:00,200 --> 00:34:04,960 Speaker 1: as a community, that there are opportunities for us to 416 00:34:06,360 --> 00:34:10,440 Speaker 1: continue to support black businesses so that we don't see 417 00:34:10,480 --> 00:34:14,360 Speaker 1: that loss and other businesses that we own What is 418 00:34:14,360 --> 00:34:18,480 Speaker 1: it you know for so long I want to say 419 00:34:18,600 --> 00:34:23,280 Speaker 1: probably since the beginning of banking, that banks have been 420 00:34:24,040 --> 00:34:27,680 Speaker 1: obstacles to the Black community in terms of being able 421 00:34:27,680 --> 00:34:31,680 Speaker 1: to achieve wealth. Right, the basics, the basis of the 422 00:34:31,719 --> 00:34:36,600 Speaker 1: American dream is in homeownership. Right, That's where all all 423 00:34:36,680 --> 00:34:39,680 Speaker 1: wealth grows from in this country. And people I find 424 00:34:39,760 --> 00:34:42,839 Speaker 1: don't really have a strong understanding of that fact. And 425 00:34:42,880 --> 00:34:46,799 Speaker 1: so when you were you know, great great great grandfather 426 00:34:47,560 --> 00:34:51,480 Speaker 1: was denied loans, and then your grant and then your 427 00:34:51,520 --> 00:34:54,319 Speaker 1: great great grandfather, and then your grandfather, and you know, 428 00:34:54,440 --> 00:34:56,560 Speaker 1: and all of these things that I use men because 429 00:34:56,600 --> 00:34:59,400 Speaker 1: that was who was getting loans back in those days. 430 00:34:59,719 --> 00:35:04,279 Speaker 1: Your deny the ability to build generational wealth. And so 431 00:35:04,320 --> 00:35:10,719 Speaker 1: how does one United in understanding the negative relationship that 432 00:35:10,760 --> 00:35:16,000 Speaker 1: the black community has had with banking, being redlined, being 433 00:35:16,040 --> 00:35:21,319 Speaker 1: denied loans for homes or to start businesses? Um, how 434 00:35:21,360 --> 00:35:24,160 Speaker 1: do you reconcile that? And how and how does one 435 00:35:24,280 --> 00:35:30,359 Speaker 1: United actually move and operate differently than your your your 436 00:35:30,440 --> 00:35:35,640 Speaker 1: other mainstream banks. Yeah, so the first thing we do 437 00:35:35,800 --> 00:35:38,799 Speaker 1: is to acknowledge it because a lot of people still 438 00:35:38,840 --> 00:35:44,640 Speaker 1: don't know, um, that banking has historically been racist even today, 439 00:35:45,480 --> 00:35:48,719 Speaker 1: only one to two percent of the home loans by 440 00:35:48,840 --> 00:35:54,200 Speaker 1: national banks go to black people even today. So it's 441 00:35:54,239 --> 00:35:59,080 Speaker 1: just to acknowledge that we actually have experienced redlining which 442 00:35:59,400 --> 00:36:03,240 Speaker 1: results and us having less wealth today and even today 443 00:36:03,400 --> 00:36:08,399 Speaker 1: we struggle to get loans from national banks. Um. We 444 00:36:08,640 --> 00:36:13,640 Speaker 1: you know, we did a project a program with Nicolehannah 445 00:36:13,719 --> 00:36:18,799 Speaker 1: Jones and the sixteen nineteen Progress because yeah, oh yeah, no, 446 00:36:19,000 --> 00:36:21,880 Speaker 1: she's fabulous, right, yes, um, but we felt that was 447 00:36:21,960 --> 00:36:26,000 Speaker 1: really important for us to really get the understanding from 448 00:36:26,040 --> 00:36:29,160 Speaker 1: our community that we in fact are the solution and 449 00:36:29,239 --> 00:36:32,360 Speaker 1: not the problem, um, and that we have in fact 450 00:36:32,480 --> 00:36:35,680 Speaker 1: overcome tremendous hurdles to be where we are today. So 451 00:36:35,760 --> 00:36:38,560 Speaker 1: the first thing is to just acknowledge it, but the 452 00:36:38,640 --> 00:36:43,080 Speaker 1: second is also to really give our community a roadmap 453 00:36:43,520 --> 00:36:47,839 Speaker 1: as to how to build generational wealth. Yes and yeah 454 00:36:48,480 --> 00:36:57,239 Speaker 1: so yes yet well yes, so one of the things 455 00:36:57,320 --> 00:37:00,320 Speaker 1: we make clear to everyone is that we've got actually 456 00:37:00,320 --> 00:37:02,880 Speaker 1: come a long way, and as a family, or if 457 00:37:02,920 --> 00:37:06,120 Speaker 1: you look at us individually as families, we are only 458 00:37:06,280 --> 00:37:11,359 Speaker 1: one transaction away from closing the racial wealth gase. One 459 00:37:11,400 --> 00:37:15,520 Speaker 1: transaction for some of us, that transaction is buying our home. Yes, 460 00:37:15,800 --> 00:37:18,600 Speaker 1: for some of us, that transaction is starting a business. 461 00:37:19,280 --> 00:37:22,919 Speaker 1: For some of us, that transaction is ensuring that our 462 00:37:22,960 --> 00:37:28,320 Speaker 1: parents or grandparents or ourselves has an insurance policy because 463 00:37:28,440 --> 00:37:30,879 Speaker 1: many of us have death in our family and we 464 00:37:30,920 --> 00:37:35,239 Speaker 1: inherit nothing, and insurance is actually you know, term life 465 00:37:35,280 --> 00:37:40,400 Speaker 1: insurance is actually very reasonable. So we say to everyone, 466 00:37:40,680 --> 00:37:45,480 Speaker 1: focus on the one transaction that's going to build generational 467 00:37:45,520 --> 00:37:49,279 Speaker 1: wealth in your family. And you know, there's a lot 468 00:37:49,360 --> 00:37:51,760 Speaker 1: of talk about you know, all kinds of policy changes 469 00:37:51,800 --> 00:37:55,480 Speaker 1: that need to happen, which is true, but as individuals, 470 00:37:55,560 --> 00:37:59,279 Speaker 1: we can only focus on our family and ourselves. And 471 00:37:59,320 --> 00:38:03,879 Speaker 1: so we say to everyone, your one transaction away, look 472 00:38:03,920 --> 00:38:08,480 Speaker 1: at what that transaction is for you, and see how 473 00:38:08,560 --> 00:38:13,160 Speaker 1: you can accomplish that one transaction. So for us, we're 474 00:38:13,560 --> 00:38:17,160 Speaker 1: big supportives of homeownership. You know, we had first time 475 00:38:17,200 --> 00:38:21,040 Speaker 1: home bias programs where people can get up to seventy 476 00:38:21,040 --> 00:38:24,479 Speaker 1: thousand dollars and down payment assistance, so we we're a big, 477 00:38:24,719 --> 00:38:27,640 Speaker 1: you know, fan of those programs. We also are a 478 00:38:27,719 --> 00:38:30,640 Speaker 1: big fan of multi family properties. You know, we say, 479 00:38:30,680 --> 00:38:33,600 Speaker 1: if families could come together and buy you know, multi 480 00:38:33,680 --> 00:38:36,319 Speaker 1: family and have a family member you know, sort of 481 00:38:36,320 --> 00:38:39,200 Speaker 1: live in each apartment, I mean, you know, we need 482 00:38:39,239 --> 00:38:41,799 Speaker 1: to pull our funds together to figure out how we 483 00:38:41,840 --> 00:38:46,440 Speaker 1: can build wealth and real estate. You know, I love 484 00:38:46,560 --> 00:38:50,480 Speaker 1: that idea. Um the idea one first of all, the 485 00:38:50,560 --> 00:38:54,359 Speaker 1: idea that we are one transaction away, uh from being 486 00:38:54,400 --> 00:38:57,279 Speaker 1: able to close the wealth the racial wealth gap in 487 00:38:57,320 --> 00:38:59,920 Speaker 1: our own families. Right Like if we if we take 488 00:39:00,160 --> 00:39:06,600 Speaker 1: that focus from the macroo into the micro, then it 489 00:39:06,640 --> 00:39:10,600 Speaker 1: does seem like we can manage something. And I think 490 00:39:10,600 --> 00:39:16,239 Speaker 1: that oftentimes, because we're taught about this what is I 491 00:39:16,239 --> 00:39:19,240 Speaker 1: believe it to be a fairy tale about rugged individualism, 492 00:39:19,280 --> 00:39:24,040 Speaker 1: because there is nothing that any American has ever done 493 00:39:24,040 --> 00:39:30,480 Speaker 1: by themselves without community. This idea of pooling resources right 494 00:39:30,880 --> 00:39:35,280 Speaker 1: to buy real estate, Like you're saying that the family 495 00:39:35,360 --> 00:39:39,759 Speaker 1: then shares right and that is about shared wealth. Yes, 496 00:39:40,560 --> 00:39:43,320 Speaker 1: even insurance if you have parents and having all the 497 00:39:43,400 --> 00:39:47,879 Speaker 1: siblings pay for the insurance of your parents. I mean, 498 00:39:47,920 --> 00:39:49,680 Speaker 1: there are just a lot of things that we can 499 00:39:49,760 --> 00:39:54,680 Speaker 1: do individually to address this wealth gap. And so we're 500 00:39:54,760 --> 00:39:58,319 Speaker 1: always looking to educate our community. I Mean one of 501 00:39:58,360 --> 00:40:01,080 Speaker 1: the things that we also make clear are some of 502 00:40:01,120 --> 00:40:04,360 Speaker 1: the myths that are out there about us. Like there's 503 00:40:04,360 --> 00:40:09,200 Speaker 1: this myth that you know, we spend too much, right right, Yeah, 504 00:40:09,360 --> 00:40:12,719 Speaker 1: I'm true. It's like there's this myth that you know, 505 00:40:12,800 --> 00:40:16,120 Speaker 1: what we spend on. It's just not you know, healthy, 506 00:40:16,680 --> 00:40:19,319 Speaker 1: although I'm true, you know, so the things that they 507 00:40:19,320 --> 00:40:21,640 Speaker 1: would have us focus on is you know, whether or 508 00:40:21,640 --> 00:40:23,600 Speaker 1: not you should buy that cup of coffee or not. 509 00:40:23,920 --> 00:40:27,160 Speaker 1: It's actually that that won't make a difference in your 510 00:40:27,200 --> 00:40:30,919 Speaker 1: family's wealth building. Well, will make a difference are the 511 00:40:31,000 --> 00:40:34,160 Speaker 1: items that I've talked about, and it's more important for 512 00:40:34,239 --> 00:40:37,400 Speaker 1: us to focus on those than to focus on spending 513 00:40:37,440 --> 00:40:39,920 Speaker 1: a little less or you know, directing our spending in 514 00:40:40,000 --> 00:40:43,239 Speaker 1: a certain way. I mean, the reality is that we're 515 00:40:43,280 --> 00:40:48,160 Speaker 1: not paid comparable to other people in the same job. 516 00:40:48,719 --> 00:40:52,080 Speaker 1: It's racism. We're not making the income. It's not that 517 00:40:52,120 --> 00:40:56,080 Speaker 1: we spend too much, is that we are actually discriminated 518 00:40:56,160 --> 00:41:00,279 Speaker 1: against and not paid the same if we were feels 519 00:41:00,280 --> 00:41:02,520 Speaker 1: a study done it says if we were paid the 520 00:41:02,640 --> 00:41:06,640 Speaker 1: same as others, as white folks in the same job, 521 00:41:07,840 --> 00:41:10,799 Speaker 1: there would not be a racial wealth gap today. So 522 00:41:10,880 --> 00:41:13,840 Speaker 1: this this sort of myth that's on us, and that 523 00:41:13,960 --> 00:41:18,239 Speaker 1: is something we're doing. It's totally in press, so you know, 524 00:41:18,400 --> 00:41:22,439 Speaker 1: part of us is just getting the correct information out there. 525 00:41:23,120 --> 00:41:25,840 Speaker 1: You know, and when I think too about getting the 526 00:41:25,880 --> 00:41:30,319 Speaker 1: information out there and education just in general, it has 527 00:41:30,360 --> 00:41:34,280 Speaker 1: always baffled me, terry that we don't teach financial literacy 528 00:41:34,320 --> 00:41:39,120 Speaker 1: in schools. It has always been, you know, and particularly 529 00:41:39,760 --> 00:41:43,280 Speaker 1: in black and brown communities. Again, not because I'm into 530 00:41:43,360 --> 00:41:48,600 Speaker 1: this paternalistic idea like, oh, black and brown people, their 531 00:41:48,600 --> 00:41:51,920 Speaker 1: hands need to be held, but more so because of 532 00:41:51,960 --> 00:41:55,800 Speaker 1: the obstacles that are purposefully put in our way, that 533 00:41:56,160 --> 00:42:00,600 Speaker 1: financial literacy should be something that we are teaching from 534 00:42:00,600 --> 00:42:06,040 Speaker 1: a very young age. Absolutely. In fact, I wrote this 535 00:42:06,080 --> 00:42:09,279 Speaker 1: book called I Got Bank But my Granddad Taught Me 536 00:42:09,280 --> 00:42:12,719 Speaker 1: about Money, which is a focus on a young black 537 00:42:12,719 --> 00:42:16,600 Speaker 1: boy who has saved money and his mother, his brother, 538 00:42:16,640 --> 00:42:19,520 Speaker 1: and his sister are trying to spend the money. And 539 00:42:19,640 --> 00:42:21,520 Speaker 1: because that's another thing that we find in the black 540 00:42:21,520 --> 00:42:24,840 Speaker 1: community is that typically, if we're lucky, there's one person 541 00:42:24,880 --> 00:42:27,879 Speaker 1: on our family that's doing okay, and then the rest 542 00:42:27,920 --> 00:42:30,319 Speaker 1: of the family feels like, you know, that person can 543 00:42:30,400 --> 00:42:33,319 Speaker 1: help them, and that person is typically just sort of 544 00:42:33,320 --> 00:42:37,279 Speaker 1: treading water. But it's it's a great story, it's entertaining, 545 00:42:37,560 --> 00:42:42,080 Speaker 1: and it educates our youth on everything they need to 546 00:42:42,080 --> 00:42:44,799 Speaker 1: know about money. I say to youth. If you read 547 00:42:44,840 --> 00:42:48,279 Speaker 1: this book, you will be wealthy in your life. And 548 00:42:48,320 --> 00:42:50,359 Speaker 1: I you know, and I say that not to you know, 549 00:42:50,600 --> 00:42:52,440 Speaker 1: I'm not trying to pat myself on the back, but 550 00:42:53,120 --> 00:42:58,600 Speaker 1: the things that are actually included in this book are 551 00:42:58,760 --> 00:43:01,759 Speaker 1: all the things that I wish I knew growing up 552 00:43:01,840 --> 00:43:04,920 Speaker 1: that I have now learned running a bank for twenty years. 553 00:43:05,680 --> 00:43:07,600 Speaker 1: You know, there was always this mystery to me, like 554 00:43:07,680 --> 00:43:09,759 Speaker 1: as a kid, I you know, we go on these 555 00:43:09,800 --> 00:43:12,400 Speaker 1: Sunday drives and I see all these beautiful homes and 556 00:43:12,440 --> 00:43:14,840 Speaker 1: then come back to our apartment and try to figure 557 00:43:14,840 --> 00:43:17,000 Speaker 1: out like my family, you know, they work, they're smart, 558 00:43:17,120 --> 00:43:19,800 Speaker 1: you know, like why was why was there this difference? 559 00:43:20,400 --> 00:43:23,360 Speaker 1: And knowing what I know today, I'm like, that shouldn't 560 00:43:23,360 --> 00:43:28,200 Speaker 1: be a mystery. We should make it clear to our kids, 561 00:43:28,320 --> 00:43:32,359 Speaker 1: you know, what they can do and what families can 562 00:43:32,400 --> 00:43:35,200 Speaker 1: do to build well. So we have you know, first 563 00:43:35,200 --> 00:43:37,719 Speaker 1: of all, I wrote this book and it's now available free. 564 00:43:38,120 --> 00:43:40,200 Speaker 1: We were making it free an e book, but we 565 00:43:40,239 --> 00:43:43,719 Speaker 1: also have this financial literacy contest for kids. We have 566 00:43:43,840 --> 00:43:47,080 Speaker 1: thousands of kids across the country that participate that either 567 00:43:47,120 --> 00:43:49,799 Speaker 1: read my book or some other book. And because it 568 00:43:50,000 --> 00:43:53,920 Speaker 1: is so important for us, to educate our children about money. 569 00:43:54,120 --> 00:43:56,360 Speaker 1: And it is a shame that it's no longer taught 570 00:43:56,440 --> 00:44:03,400 Speaker 1: in school. You know, doesn't make a ton of sense 571 00:44:03,480 --> 00:44:06,280 Speaker 1: that it, you know, that it's not uh that that 572 00:44:06,280 --> 00:44:09,239 Speaker 1: that it isn't taught in school, because I think that 573 00:44:09,280 --> 00:44:13,160 Speaker 1: it's something that's so important, and like, you know, I 574 00:44:13,280 --> 00:44:16,319 Speaker 1: remember being I'm trying to think about how old I 575 00:44:16,480 --> 00:44:20,279 Speaker 1: was when I opened up my first savings account. I 576 00:44:20,440 --> 00:44:23,239 Speaker 1: probably was. I was definitely an elementary school. I'm just 577 00:44:23,400 --> 00:44:26,880 Speaker 1: unclear about how how old I was, um, But I 578 00:44:26,920 --> 00:44:31,280 Speaker 1: remember my parents saying to me that it was important 579 00:44:31,280 --> 00:44:34,360 Speaker 1: to learn how to save right, how to save and 580 00:44:35,000 --> 00:44:39,080 Speaker 1: handle your money um and your allowance right. And I 581 00:44:39,120 --> 00:44:43,600 Speaker 1: was fortunate because I grew up uh predominantly middle you know, 582 00:44:43,800 --> 00:44:48,920 Speaker 1: middle class, where allowance was an actual thing, um and 583 00:44:48,920 --> 00:44:52,360 Speaker 1: and learning how to handle those funds. But then also, 584 00:44:52,920 --> 00:44:55,320 Speaker 1: you know what I what else I think is important 585 00:44:55,440 --> 00:44:58,279 Speaker 1: is investment, right, which is what you're talking about, Like 586 00:44:58,320 --> 00:45:01,759 Speaker 1: you need it's not enough to just hold money in 587 00:45:01,960 --> 00:45:04,840 Speaker 1: a savings account and don't touch it, right, Like you 588 00:45:04,880 --> 00:45:08,360 Speaker 1: should have some set aside obviously, particularly right now is 589 00:45:08,400 --> 00:45:11,960 Speaker 1: we're living in a global pandemic and people are realizing that, 590 00:45:12,400 --> 00:45:16,040 Speaker 1: you know, they haven't had the ability to even save 591 00:45:16,200 --> 00:45:18,840 Speaker 1: because they're living paycheck to paycheck. So the idea of 592 00:45:18,880 --> 00:45:22,120 Speaker 1: being out of work for what looks like now months, 593 00:45:22,960 --> 00:45:27,560 Speaker 1: you know, is going to send a lot of people 594 00:45:27,640 --> 00:45:31,600 Speaker 1: down the unemployment line. And so how do you teach 595 00:45:31,760 --> 00:45:33,799 Speaker 1: people or what do you say to people that are 596 00:45:33,880 --> 00:45:37,720 Speaker 1: looking to understand say how much they should be saving 597 00:45:38,040 --> 00:45:41,520 Speaker 1: versus investing, and how they can do that if they 598 00:45:41,520 --> 00:45:46,399 Speaker 1: are in a boat where they are living paycheck to paycheck. Yep. 599 00:45:47,239 --> 00:45:50,400 Speaker 1: So one of the things that I always recommend, no 600 00:45:50,440 --> 00:45:52,839 Speaker 1: matter how much you're making, is that you set up 601 00:45:52,960 --> 00:45:56,520 Speaker 1: what's called an automatic savings plan, where money is taken 602 00:45:56,680 --> 00:46:00,480 Speaker 1: from your account and move to a savings account atomatically. 603 00:46:00,920 --> 00:46:02,920 Speaker 1: I don't care if it's a dollar, you know, I 604 00:46:02,920 --> 00:46:05,840 Speaker 1: don't care if it's five dollars, you know, it's whatever 605 00:46:06,280 --> 00:46:10,600 Speaker 1: you believe you I don't want to say I can afford. 606 00:46:11,360 --> 00:46:15,000 Speaker 1: What I will say is by making it automatic, you 607 00:46:15,239 --> 00:46:19,120 Speaker 1: end up using the money that's left in your checking account, 608 00:46:20,800 --> 00:46:26,680 Speaker 1: and that automatic savings ends up building without you feeling it, 609 00:46:27,600 --> 00:46:30,040 Speaker 1: and that that's one of the things that wealthy people know. 610 00:46:30,680 --> 00:46:32,440 Speaker 1: You know, I remember when I got out of college. I, 611 00:46:32,600 --> 00:46:34,879 Speaker 1: you know, I got I actually worked temp and I'd 612 00:46:34,880 --> 00:46:38,319 Speaker 1: get a check and I cast a check, and by 613 00:46:38,360 --> 00:46:39,960 Speaker 1: the end of the week I would be out of 614 00:46:39,960 --> 00:46:42,000 Speaker 1: money and I'd be like, bag, I, you know, I 615 00:46:42,040 --> 00:46:44,239 Speaker 1: really need to get better at savings. And then the 616 00:46:44,320 --> 00:46:46,000 Speaker 1: next week would go and the next week, and I 617 00:46:46,160 --> 00:46:47,960 Speaker 1: keep saying this to myself, Oh, I need to get 618 00:46:48,040 --> 00:46:51,640 Speaker 1: better at savings. Well, what wealthy people know is that 619 00:46:51,640 --> 00:46:54,600 Speaker 1: that is not how to save. That the way to 620 00:46:54,680 --> 00:46:59,440 Speaker 1: save is to have the automatic savings account set up 621 00:47:00,120 --> 00:47:04,239 Speaker 1: so that it's because no one has the discipline that's needed, like, 622 00:47:04,360 --> 00:47:07,000 Speaker 1: no one has it, So you're not gonna save unless 623 00:47:07,040 --> 00:47:09,759 Speaker 1: it's automatic. So that's one of the things I say 624 00:47:09,800 --> 00:47:12,440 Speaker 1: to everyone. Set up an automa and again, I don't 625 00:47:12,480 --> 00:47:13,880 Speaker 1: care if it's a dollar, I don't care if it's 626 00:47:13,920 --> 00:47:16,319 Speaker 1: five dollars a week, whatever it is. And you would 627 00:47:16,320 --> 00:47:22,440 Speaker 1: be surprised how quickly that money grows without you feeling it. 628 00:47:22,120 --> 00:47:25,480 Speaker 1: That's the second thing. Yeah, that's that's great. No, no, no, 629 00:47:25,560 --> 00:47:29,839 Speaker 1: keep going. That's that's fantastic. Yep. And then the other 630 00:47:29,880 --> 00:47:36,440 Speaker 1: thing I say is, um, buy real estate, even if 631 00:47:36,480 --> 00:47:42,560 Speaker 1: you have to buy a hut, particularly in our community 632 00:47:42,680 --> 00:47:46,200 Speaker 1: right now, I'm saying, buy something again, if you have 633 00:47:46,239 --> 00:47:49,640 Speaker 1: to pull money with family and friends and buy something, 634 00:47:49,719 --> 00:47:53,400 Speaker 1: particularly in our community right now, even if it's a hut, 635 00:47:53,640 --> 00:47:55,919 Speaker 1: even if it's a piece of land, even no matter 636 00:47:55,960 --> 00:47:59,640 Speaker 1: what it is, by real estate, because real estate is 637 00:48:00,200 --> 00:48:03,720 Speaker 1: the difference between black and white wealth is home equity, 638 00:48:03,800 --> 00:48:07,760 Speaker 1: the amount of equity that they have in their homes 639 00:48:07,880 --> 00:48:11,360 Speaker 1: versus we have. Now. The reason that they have it 640 00:48:11,480 --> 00:48:13,920 Speaker 1: is because there are all these programs in the sixties 641 00:48:13,920 --> 00:48:16,480 Speaker 1: that allow them to buy in the suburbs and build 642 00:48:16,480 --> 00:48:20,120 Speaker 1: that wealth that we were not allowed. So it's not 643 00:48:20,200 --> 00:48:23,040 Speaker 1: because you know, they're you know, much better that us doing. 644 00:48:23,080 --> 00:48:26,640 Speaker 1: It is that the programs actually excluded us. But I'm 645 00:48:26,680 --> 00:48:30,959 Speaker 1: saying today we have the benefit of being in communities 646 00:48:31,280 --> 00:48:36,160 Speaker 1: that will end up building real estate value over time. 647 00:48:36,480 --> 00:48:38,400 Speaker 1: In fact, there are all these studies that have shown 648 00:48:38,480 --> 00:48:42,160 Speaker 1: that a house in our community versus a white community, 649 00:48:42,280 --> 00:48:46,280 Speaker 1: same house, it's going to be valued less in our community. 650 00:48:46,840 --> 00:48:48,719 Speaker 1: So if you live in a black community, your house 651 00:48:48,800 --> 00:48:51,080 Speaker 1: is going to be valued less. Now, on one hand, 652 00:48:51,400 --> 00:48:53,359 Speaker 1: you know that's a bad thing, but the other hand 653 00:48:53,480 --> 00:48:55,319 Speaker 1: is a good thing because that means that you can 654 00:48:55,480 --> 00:48:59,319 Speaker 1: buy today for a lower price than you can buy 655 00:48:59,440 --> 00:49:02,600 Speaker 1: in the white community. So I say, look at our 656 00:49:02,600 --> 00:49:05,640 Speaker 1: community is find a place again, even if it's a 657 00:49:05,719 --> 00:49:08,360 Speaker 1: hot people. I am that you can buy as a 658 00:49:08,400 --> 00:49:12,759 Speaker 1: family or as an individual because that property will appreciate 659 00:49:12,800 --> 00:49:18,000 Speaker 1: substantially over the next five to ten years. And I can. 660 00:49:18,080 --> 00:49:21,799 Speaker 1: I can couldn't agree more. I think that ownership is 661 00:49:21,840 --> 00:49:24,479 Speaker 1: where things start. And you're right, I think that we 662 00:49:24,760 --> 00:49:30,200 Speaker 1: also have very lofty ideals. Right. So it's like, if 663 00:49:30,239 --> 00:49:33,879 Speaker 1: I can't buy the big house, right that's the house 664 00:49:33,920 --> 00:49:37,360 Speaker 1: of my dreams, then I then I'm not going to 665 00:49:37,440 --> 00:49:39,480 Speaker 1: do I'm not going to buy anything. Right. If I 666 00:49:39,520 --> 00:49:44,239 Speaker 1: can only afford the one bedroom studio or one the 667 00:49:44,280 --> 00:49:46,719 Speaker 1: one bedroom or the studio, I'm not going to do 668 00:49:46,800 --> 00:49:48,799 Speaker 1: that because how long am I going to live there? 669 00:49:48,800 --> 00:49:52,759 Speaker 1: And I think that that is not long term thinking, right, 670 00:49:53,360 --> 00:49:56,240 Speaker 1: when we're when we're foot, when we're not thinking about Okay, 671 00:49:56,280 --> 00:49:58,520 Speaker 1: well if I get it, because and I will speak 672 00:49:58,719 --> 00:50:01,440 Speaker 1: this is my own experience. I was living in Washington, 673 00:50:01,520 --> 00:50:03,279 Speaker 1: d C. Before I moved to New York. Back to 674 00:50:03,320 --> 00:50:06,600 Speaker 1: New York about four years ago. Living in Washington, d C. 675 00:50:07,080 --> 00:50:12,280 Speaker 1: Over fifteen years, I never bought anything because in my mind, 676 00:50:12,520 --> 00:50:14,680 Speaker 1: I was always going to be moving to New York 677 00:50:14,800 --> 00:50:19,680 Speaker 1: so one, and I was young, and because my parents 678 00:50:20,200 --> 00:50:26,880 Speaker 1: weren't ass as into real estate and understanding the value 679 00:50:26,920 --> 00:50:30,040 Speaker 1: of real estate until much later, it wasn't as if 680 00:50:30,080 --> 00:50:32,919 Speaker 1: that I was being taught in any way. You know what, 681 00:50:33,520 --> 00:50:37,359 Speaker 1: we should buy this one bedroom place, and whenever you 682 00:50:37,400 --> 00:50:39,880 Speaker 1: do leave, either you rent it out, and that is 683 00:50:39,920 --> 00:50:43,160 Speaker 1: going to be the you know, your continued wealth generation. 684 00:50:43,200 --> 00:50:45,279 Speaker 1: You rented out, you pay the mortgage and you have 685 00:50:45,400 --> 00:50:47,960 Speaker 1: some money in your pocket, or you sell it and 686 00:50:48,000 --> 00:50:50,880 Speaker 1: then you're able to get your next thing. Had I 687 00:50:50,960 --> 00:50:52,719 Speaker 1: done that, I would have come to New York in 688 00:50:52,719 --> 00:50:56,560 Speaker 1: a very different way. And I think that again, because 689 00:50:56,600 --> 00:51:01,160 Speaker 1: we're not because we're in our families not necessarily taught this, 690 00:51:01,560 --> 00:51:04,200 Speaker 1: because no one taught them. And I feel like those 691 00:51:04,239 --> 00:51:09,120 Speaker 1: are some of the keys that wealthy folks do, and 692 00:51:09,200 --> 00:51:12,959 Speaker 1: white folks have had because things have been passed down 693 00:51:12,960 --> 00:51:17,080 Speaker 1: in that way. Literal real estate has been passed down, um, 694 00:51:17,120 --> 00:51:21,400 Speaker 1: and so they and that's how they move. Yes, And 695 00:51:21,760 --> 00:51:24,920 Speaker 1: I agree with you also about our view if we 696 00:51:25,000 --> 00:51:29,240 Speaker 1: can't buy that ideal home, and our concept of ideal 697 00:51:29,440 --> 00:51:32,520 Speaker 1: is what we see on TV, you know, I mean, 698 00:51:32,560 --> 00:51:35,040 Speaker 1: it's sort of interesting I always use the fresh Prince 699 00:51:35,080 --> 00:51:38,279 Speaker 1: of bel Air as an example, like, you know, the 700 00:51:38,760 --> 00:51:43,120 Speaker 1: home that his uncle lived in a judge could not 701 00:51:43,200 --> 00:51:49,560 Speaker 1: have afforded. But that correct. I can tell you someone 702 00:51:49,600 --> 00:51:53,120 Speaker 1: that's you know, live part time in la like that 703 00:51:53,120 --> 00:51:55,960 Speaker 1: that Belair home was not something a judge could have afforded. 704 00:51:56,239 --> 00:51:59,239 Speaker 1: But that is that is our notion of you know, 705 00:52:00,160 --> 00:52:04,279 Speaker 1: of the good life. And yet you know, so when 706 00:52:04,320 --> 00:52:06,680 Speaker 1: it comes to us wanting to buy something, we look 707 00:52:06,719 --> 00:52:09,520 Speaker 1: at what we see on TV and saying this just 708 00:52:09,680 --> 00:52:13,759 Speaker 1: doesn't represent success. But what we don't realize is that 709 00:52:13,880 --> 00:52:18,640 Speaker 1: it's it's really a stepping stone, like getting in the market. 710 00:52:18,680 --> 00:52:21,440 Speaker 1: You know, that first step is the hardest. Once you're in, 711 00:52:21,520 --> 00:52:23,880 Speaker 1: Once you own something, you can build from there. Like 712 00:52:23,920 --> 00:52:25,759 Speaker 1: you said, you can rent it out or you can 713 00:52:25,840 --> 00:52:27,920 Speaker 1: sell it and buy a better home, but you have 714 00:52:28,040 --> 00:52:31,440 Speaker 1: to be in. And by renting, all you're doing is 715 00:52:31,480 --> 00:52:37,880 Speaker 1: building wealth to somebody else, your landlord. Yep, yep. One one. 716 00:52:40,320 --> 00:52:42,200 Speaker 1: You know, one of the last questions that I want 717 00:52:42,200 --> 00:52:43,960 Speaker 1: to ask you, Terry, is that you know we're in 718 00:52:44,000 --> 00:52:49,480 Speaker 1: the midst of this global pandemic that is also causing 719 00:52:49,680 --> 00:52:55,840 Speaker 1: a economic pandemic, if you will, and there are lots 720 00:52:55,840 --> 00:53:00,920 Speaker 1: of people, namely black and brown people who will be 721 00:53:01,000 --> 00:53:05,640 Speaker 1: losing jobs, who have already lost jobs, and people are 722 00:53:05,680 --> 00:53:09,960 Speaker 1: going to be losing their livelihood. What is some advice 723 00:53:10,040 --> 00:53:13,360 Speaker 1: that you can give to folks that one are receiving, 724 00:53:13,560 --> 00:53:19,280 Speaker 1: you know, the one time twelve hundred dollars stimulus paycheck, 725 00:53:20,520 --> 00:53:22,440 Speaker 1: which for many is not going to do not going 726 00:53:22,520 --> 00:53:25,080 Speaker 1: to go a long way. Twelve hundred dollars does not 727 00:53:25,160 --> 00:53:27,040 Speaker 1: go a long way. It doesn't if you live in 728 00:53:27,040 --> 00:53:29,680 Speaker 1: New York, and I can't imagine imagine where you are 729 00:53:30,680 --> 00:53:34,600 Speaker 1: in Massachusetts or in LA that that's going to go 730 00:53:34,680 --> 00:53:38,319 Speaker 1: far either. What is some advice that you have to 731 00:53:38,360 --> 00:53:42,839 Speaker 1: those people who are going to be facing really tough, 732 00:53:42,880 --> 00:53:48,080 Speaker 1: tough economic times ahead. Yeah, so we actually did this. 733 00:53:48,280 --> 00:53:50,680 Speaker 1: Um if people go to our website, which is one 734 00:53:50,800 --> 00:53:53,800 Speaker 1: United Owen, a United dot com, we have a blog 735 00:53:53,960 --> 00:53:59,480 Speaker 1: that shares a lot of information, including this thing we 736 00:53:59,560 --> 00:54:03,080 Speaker 1: call five Tips to deal with the COVID nineteen economy. 737 00:54:03,440 --> 00:54:05,640 Speaker 1: And one of the first things we say, and I 738 00:54:05,640 --> 00:54:07,560 Speaker 1: know this is going to sound obvious, but that if 739 00:54:07,600 --> 00:54:11,160 Speaker 1: you have a job, keep your job. And I say 740 00:54:11,200 --> 00:54:13,680 Speaker 1: that because there's a lot of people out there that 741 00:54:13,719 --> 00:54:17,560 Speaker 1: are actually leaving their jobs and that which is just 742 00:54:17,640 --> 00:54:20,239 Speaker 1: crazy when you have twenty million people that are unemployed. 743 00:54:20,680 --> 00:54:23,480 Speaker 1: So if you have a job, keep your job, unless 744 00:54:23,520 --> 00:54:26,080 Speaker 1: you know, staying in your job is really impacting your 745 00:54:26,280 --> 00:54:29,719 Speaker 1: well being, you know, whether that's physically or mentally, you know, 746 00:54:29,880 --> 00:54:33,240 Speaker 1: keep your job. For those that have lost their job, 747 00:54:34,040 --> 00:54:36,239 Speaker 1: there are a lot of great programs out there. There 748 00:54:36,320 --> 00:54:39,480 Speaker 1: is unemployment insurance that has been extended, There are you know, 749 00:54:39,520 --> 00:54:43,839 Speaker 1: other programs that are out there. But we also say 750 00:54:44,080 --> 00:54:47,400 Speaker 1: look for jobs in essential businesses. I mean, before the 751 00:54:47,400 --> 00:54:50,960 Speaker 1: COVID nineteen you know, hit us. This whole concept of 752 00:54:51,000 --> 00:54:55,319 Speaker 1: an essential business I've never heard of before. In fact, 753 00:54:55,360 --> 00:54:57,399 Speaker 1: I like woke up one day, yeah and said, oh 754 00:54:57,440 --> 00:55:01,440 Speaker 1: my gosh, we're an essential business. Banking is an essential business. 755 00:55:01,480 --> 00:55:03,920 Speaker 1: Like we're open, we're fully operational, you know, and not 756 00:55:03,920 --> 00:55:07,080 Speaker 1: only that, but we're also growing and we're hiring. And 757 00:55:07,160 --> 00:55:09,840 Speaker 1: so there are essential businesses that are out there, and 758 00:55:09,880 --> 00:55:13,399 Speaker 1: to look at those essential businesses for jobs because those 759 00:55:13,440 --> 00:55:17,799 Speaker 1: businesses are in fact experiencing growth and they are good 760 00:55:17,840 --> 00:55:20,640 Speaker 1: opportunities to look and to look for a job. And 761 00:55:20,680 --> 00:55:22,799 Speaker 1: the jobs don't necessarily like in banking, you don't have 762 00:55:22,840 --> 00:55:24,920 Speaker 1: to be a banker in fact, we are one of 763 00:55:24,920 --> 00:55:29,160 Speaker 1: our jobs that's available as a social media position. So 764 00:55:29,200 --> 00:55:32,279 Speaker 1: it doesn't have to be you know, banking. But it's 765 00:55:32,320 --> 00:55:37,839 Speaker 1: just that there are jobs and essential businesses. The other 766 00:55:37,840 --> 00:55:40,279 Speaker 1: thing that we say is that it's really important that 767 00:55:40,320 --> 00:55:42,239 Speaker 1: you not put your head into sand and that you 768 00:55:42,400 --> 00:55:47,640 Speaker 1: contact your creditors and negotiate and negotiate. I want to underline, 769 00:55:47,960 --> 00:55:51,200 Speaker 1: because creditors know that they cannot get order out of 770 00:55:51,239 --> 00:55:54,880 Speaker 1: a stone. Like if you don't have any income, you 771 00:55:54,880 --> 00:55:57,879 Speaker 1: you don't have the ability to pay whether it's your 772 00:55:57,920 --> 00:56:00,640 Speaker 1: rent or your mortgage, or your or your credit our bills. 773 00:56:00,960 --> 00:56:03,680 Speaker 1: But you need to contact the creditors and say this 774 00:56:03,760 --> 00:56:08,000 Speaker 1: is what I can do and negotiate with them, because 775 00:56:08,120 --> 00:56:13,080 Speaker 1: they they want to keep you as a customer, but 776 00:56:13,160 --> 00:56:16,840 Speaker 1: you they're they're you know, they need to hear from you. 777 00:56:17,440 --> 00:56:19,319 Speaker 1: So that's the other thing that I you know, I 778 00:56:19,400 --> 00:56:22,520 Speaker 1: tell people, um and then the last thing I say, 779 00:56:22,520 --> 00:56:24,080 Speaker 1: and it goes back to what we were talking about, 780 00:56:24,120 --> 00:56:27,359 Speaker 1: which is to to look at real estate because there 781 00:56:27,520 --> 00:56:29,880 Speaker 1: is going to be our our our community is going 782 00:56:29,920 --> 00:56:33,640 Speaker 1: to become affordable again, like gentrification has been stopped in 783 00:56:33,719 --> 00:56:39,360 Speaker 1: its track. You know, your cash buyers and our communities, 784 00:56:39,400 --> 00:56:41,520 Speaker 1: you can be a whole lot less going on and 785 00:56:41,600 --> 00:56:45,279 Speaker 1: so but we need to be patient. So if you, 786 00:56:45,280 --> 00:56:47,840 Speaker 1: you know, do have some resources again, whether it's family 787 00:56:47,840 --> 00:56:51,000 Speaker 1: resources or your own, uh to just you know, wait 788 00:56:51,080 --> 00:56:54,000 Speaker 1: for another three to six months because there's going to 789 00:56:54,080 --> 00:56:57,600 Speaker 1: be a huge decline in real estate values and what 790 00:56:57,680 --> 00:57:01,160 Speaker 1: was unaffordable is going to become affordable in three to 791 00:57:01,280 --> 00:57:06,600 Speaker 1: six months. You say, okay, yeah, okay, we will. We're 792 00:57:06,600 --> 00:57:10,719 Speaker 1: going to check back in with you because full disclosure, 793 00:57:11,080 --> 00:57:15,279 Speaker 1: I have been in conversation with my own family about 794 00:57:15,320 --> 00:57:19,640 Speaker 1: about purchasing some purchasing real estate whether we live in 795 00:57:19,680 --> 00:57:24,360 Speaker 1: it or not in New York. On top of the 796 00:57:24,400 --> 00:57:27,400 Speaker 1: home that we already that my parents already have, what 797 00:57:27,560 --> 00:57:31,400 Speaker 1: my sister and I can do together, and I again 798 00:57:31,680 --> 00:57:34,000 Speaker 1: just going back to all of the things that you're saying, like, 799 00:57:34,200 --> 00:57:37,880 Speaker 1: that's absolutely you know to think about that there will 800 00:57:37,920 --> 00:57:40,240 Speaker 1: be people that are going to benefit from this and 801 00:57:40,280 --> 00:57:43,560 Speaker 1: if you do have the if you have the if 802 00:57:43,560 --> 00:57:45,960 Speaker 1: you do have the resources, that in the next three 803 00:57:45,960 --> 00:57:48,160 Speaker 1: to six months may be the time to tap into it. 804 00:57:48,200 --> 00:57:50,520 Speaker 1: And I think that that's absolutely right. I think that 805 00:57:50,600 --> 00:57:55,160 Speaker 1: that's absolutely right. Terry. Thank you so much for joining 806 00:57:55,200 --> 00:57:59,720 Speaker 1: woke f Daily. I appreciate your insights. Please tell us 807 00:57:59,800 --> 00:58:03,160 Speaker 1: a again how we stay in touch and up to 808 00:58:03,280 --> 00:58:06,360 Speaker 1: date with all of the things that are happening at 809 00:58:06,360 --> 00:58:11,280 Speaker 1: One United and also where we can get the book, Yes, 810 00:58:11,800 --> 00:58:14,920 Speaker 1: so again. Our website is one United O n E 811 00:58:15,120 --> 00:58:18,320 Speaker 1: United dot com. You can also follow us on Facebook, 812 00:58:18,320 --> 00:58:22,160 Speaker 1: Instagram and Twitter um. Facebook it's one United bank and 813 00:58:22,320 --> 00:58:25,760 Speaker 1: Instagram and Twitter it's when United. It's on handled um. 814 00:58:26,320 --> 00:58:29,120 Speaker 1: You can also get the book and participate in the 815 00:58:30,120 --> 00:58:33,160 Speaker 1: financial literacy and say contests that we have for kids 816 00:58:33,560 --> 00:58:37,320 Speaker 1: by going to one unite dot com. Slash book gives 817 00:58:37,320 --> 00:58:40,040 Speaker 1: you all the information to get the free ebook. You 818 00:58:40,040 --> 00:58:43,040 Speaker 1: could just download it for free and have you know 819 00:58:43,080 --> 00:58:45,320 Speaker 1: a lot of people are homeschooling their kids right now, 820 00:58:45,400 --> 00:58:48,080 Speaker 1: so it's a good book for them to read and 821 00:58:48,200 --> 00:58:51,960 Speaker 1: participate in the essay contest. It's say and art and 822 00:58:52,000 --> 00:58:55,800 Speaker 1: they could win. We're giving out ten one thousand dollars 823 00:58:55,800 --> 00:59:01,200 Speaker 1: savings accounts to kids. So yeah, yeah, yes, yes, we've 824 00:59:01,200 --> 00:59:03,600 Speaker 1: been doing this. This is our tenth year and it's 825 00:59:03,640 --> 00:59:06,360 Speaker 1: just so fabulous to read the essays, look at the art. 826 00:59:06,440 --> 00:59:09,080 Speaker 1: You can also go on our website and see last 827 00:59:09,160 --> 00:59:12,280 Speaker 1: year's winners. And so you can look at the essays 828 00:59:12,280 --> 00:59:13,920 Speaker 1: and art and you probably look at and say, my 829 00:59:14,040 --> 00:59:16,360 Speaker 1: kid can do that. So you know I'm gonna win 830 00:59:16,440 --> 00:59:20,840 Speaker 1: that thousand dollars. So again, going to Winning Nights dot com. 831 00:59:20,840 --> 00:59:23,880 Speaker 1: Slash book is where you can get information on the contest. 832 00:59:24,520 --> 00:59:28,080 Speaker 1: Wonderful Terry Williams. Thank you so much for all of 833 00:59:28,080 --> 00:59:30,480 Speaker 1: the information, and I hope to have you back on 834 00:59:30,600 --> 00:59:35,040 Speaker 1: again soon to talk about our wealth and how we 835 00:59:35,120 --> 00:59:38,440 Speaker 1: grow it. Yeah, thank you, Dan, Yeah, thanks for having me. 836 00:59:39,120 --> 00:59:42,480 Speaker 1: That is it's for me today, folks on Woka f 837 00:59:42,720 --> 00:59:47,000 Speaker 1: Daily as always, I will be back tomorrow. And a 838 00:59:47,560 --> 00:59:52,840 Speaker 1: quick quick reminder, folks, we have exciting news to share 839 00:59:53,320 --> 00:59:57,560 Speaker 1: with you. This is the last week you can get 840 00:59:57,720 --> 01:00:02,320 Speaker 1: wokea f my daily political talk show here. You've been 841 01:00:02,320 --> 01:00:04,120 Speaker 1: getting it, if you've been listening to me, you've been 842 01:00:04,160 --> 01:00:08,000 Speaker 1: getting it in the PM mood feed for free. Starting 843 01:00:08,040 --> 01:00:10,920 Speaker 1: next week, Woke f Daily will be moving to Patreon 844 01:00:11,360 --> 01:00:14,000 Speaker 1: for five dollars a month, but you will still get 845 01:00:14,040 --> 01:00:18,040 Speaker 1: PM mood every week absolutely free. So make sure that 846 01:00:18,040 --> 01:00:20,400 Speaker 1: you follow me at d two cents to keep up 847 01:00:20,400 --> 01:00:23,760 Speaker 1: with me. And as always, power to the people and 848 01:00:23,840 --> 01:00:27,920 Speaker 1: to all the people. Power Get woke and stay woke 849 01:00:27,920 --> 01:00:32,400 Speaker 1: as fuck and remain healthy and safe as fuck