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Speaker 2: All right, God guy, welcome back, Eyl. This is a

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Speaker 2: state of emergency. Addition, you know, we're talking going back

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Speaker 2: and forth for the last couple of days, and we

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Speaker 2: got a lot a lot of dope fire episodes and

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Speaker 2: the fault that teach people a variety of different tactics,

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Speaker 2: how to get their bread right, how to how to

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Speaker 2: you know, become entrepreneurs and navigate the field. That's what

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Speaker 2: EYL is here for. But we're also a business podcast

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Speaker 2: on a broader scale. We've touched on almost every single topic. So,

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Speaker 2: you know, having a conversation with Troy a couple of

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Speaker 2: days ago, in the midst of everything that's going on

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Speaker 2: in this world in our country, I'm like, you know,

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Speaker 2: I don't think we should actually, you know, put these

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Speaker 2: episodes out. Maybe we should just do like a state

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Speaker 2: of emergency last minute, you know what I'm saying, addressing topics.

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Speaker 3: We would have been remiss if we didn't address what's

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Speaker 3: going on in our community and what's going on in

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Speaker 3: the world. Really, so when you call me, we had

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Speaker 3: the same thought. You just like, Yo, it wouldn't sit

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Speaker 3: right with me if we didn't address it, if we

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Speaker 3: didn't take some time to really dive deep into this

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Speaker 3: so that we can make everybody away, which is what

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Speaker 3: we're known for. So we was on the same page

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Speaker 3: and hopefully, you know, we're gonna shed the light on

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Speaker 3: some things today.

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Speaker 2: Yeah, so we're gonna We're gonna tell you we was

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Speaker 2: kind of going back and forth because we're still a

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Speaker 2: business podcast and that's all. And I feel like everybody

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Speaker 2: has their their their lane and their way to contribute

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Speaker 2: to society, and you know, our platform is to provide

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Speaker 2: business information, which is extremely valuable, but like, how do

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Speaker 2: we tie it in with the social justice So I

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Speaker 2: think we did a great job of actually tying it

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Speaker 2: two in and talking about it from business standpoint.

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Speaker 3: He was adamant about it. I said, YEA, let's just

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Speaker 3: go no holds ball, let's go no hose ball, let's

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Speaker 3: just speak our mind. Let's let's just tell the people

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Speaker 3: how we feel. And he was like, no, we can

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Speaker 3: keep it business. I'm like, all right, man, fine.

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Speaker 2: Yeah, I wanted. I think it's important because there's always

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Speaker 2: a money played behind it, and it's like not just

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Speaker 2: to inform people, but to actually let people know how

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Speaker 2: they can make a change and how they can actually

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Speaker 2: invest in and make some money and do it in

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Speaker 2: the right way and different things of that nature.

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Speaker 3: So I'm glad we did because it was, like like

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Speaker 3: I said all the time, like we learned through the process.

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Speaker 3: So there's things that I uncovered that I had no

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Speaker 3: idea about. So now we're gonna do what we do

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Speaker 3: best and put it in the language to help everybody

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Speaker 3: else understand it.

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Speaker 2: Yeah, for sure. So this this is gonna be a

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Speaker 2: special special episode. We're gonna go over a variety of

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Speaker 2: different topics and like I said, it's going to inform you.

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Speaker 2: It's also going to educate you, and hopefully people can

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Speaker 2: use this to bring about real change, not just to

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Speaker 2: listen to it and just be educated, but to actually

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Speaker 2: enforce new policy, enforce change, and this hopefully can lead

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Speaker 2: to some solutions. So before we start, I just wanted

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Speaker 2: to take a moment in silence for Big George Floyd,

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Speaker 2: Eric Gardner. I'm gonna do Diallo, Freddie Gray, Sean Bell,

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Speaker 2: Orlando Castillo, Treyvon Martin, Sandram Blanz. Too many, it's too many, unfortunately, Yeah,

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Speaker 2: it's too many people for us to name. That's just

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Speaker 2: a few of black people that have been killed by

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Speaker 2: the police and uh, the last you know, decade or so.

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Speaker 2: So yeah, I just want to take a moment in

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Speaker 2: silence for that, all right. So, so yeah, we're gonna

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Speaker 2: we're gonna get right into it. You know, obviously, the

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Speaker 2: times that we're in right now, As I said, rest

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Speaker 2: in peace to George Floyd. If you saw that, there's

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Speaker 2: no justification for what happened with that. You know, it's

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Speaker 2: one of these one of the few cases where I've

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Speaker 2: seen where there's not even one person trying to justify

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Speaker 2: every There's always like, well, what did he do? He

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Speaker 2: was resisting, there's always more just I haven't heard one

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Speaker 2: person that's actually said like, this is justified. I haven't

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Speaker 2: heard anybody trying to justify it. It's just like trying

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Speaker 2: to justify other things. But I haven't heard anybody trying

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Speaker 2: to justify this. So it's like it brings up a

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Speaker 2: larger issue of police brutality. And police brutality is not

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Speaker 2: something that doesn't exist, Like I don't care, Yeah, it's

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Speaker 2: not We're not gonna act like it doesn't happen. It

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Speaker 2: doesn't exist, and I don't want to hear about. You know,

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Speaker 2: there are good cops. That's not the point. Of course,

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Speaker 2: there's some good cops. Of course, there's some good teachers.

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Speaker 2: Of course there's something like. That's not the point. The

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Speaker 2: point is that there's a systematic problem of not only racism,

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Speaker 2: but police brutality. And the reason why police brutality is

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Speaker 2: an issue is because These are people that take an

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Speaker 2: oath to serve and protect the community. So if you

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Speaker 2: take an oath to serve and protect the community, it's

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Speaker 2: not the same as a gang member killing another gang member. Like,

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Speaker 2: these people don't take oaths, they're not paid, they don't

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Speaker 2: have pensions, so it's not the same. So I don't

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Speaker 2: want to hear that we're talking about police brutality. There's

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Speaker 2: times and places and talking about all other stuff, but

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Speaker 2: right now we're talking about police brutality.

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Speaker 3: I spoke on a couple of conversations man and shout

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Speaker 3: out to KRS when he had to line, like, what's

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Speaker 3: the difference between the overseer and the officer? Right, So

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Speaker 3: if we go back to the history of it, like

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Speaker 3: we've seen that the overseer was to watch over the

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Speaker 3: land and if everyone act out of accordance, they were

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Speaker 3: handled at that time. And if we look at it right,

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Speaker 3: you said serve and protect. But the officer, especially in

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Speaker 3: our communities, has become the overseer. So it's kind of crazy.

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Speaker 2: Yeah, So all right, earn Aalsia. We talk about the

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Speaker 2: money plays and this is no different than anything else.

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Speaker 2: I actually learned a lot of stuff doing research on this.

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Speaker 2: That's what I realized too, that we we have become

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Speaker 2: journalists and we take our journalistic responsibility very serious. I

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Speaker 2: was up till four o'clock in the morning yesterday researching

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Speaker 2: and I got excited because I didn't even I'm like, yo,

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Speaker 2: I got excited and learning the information, like I hope

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Speaker 2: I can relate this in a manager. Yeah, so you know,

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Speaker 2: I'm interested to actually, you know, have this conversation. So

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Speaker 2: there's an economic play. There's an economic play behind police brutality.

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Speaker 2: There's a huge, huge economic play. So every year, cities

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Speaker 2: across the United States of America, small and large, they

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Speaker 2: spend millions of dollars in police brutality claims because it's like,

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Speaker 2: this isn't calm, this isn't new, right, Like it happens

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Speaker 2: all the time, right, even if it's not to this

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Speaker 2: extent where somebody gets killed, somebody might get a black eye,

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Speaker 2: somebody might break somebody's ribs. Like, yeah, it's a lot

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Speaker 2: of police but that's an issue too, but specifically police brutality.

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Speaker 2: So police brutality cases, there's millions of police brutality cases

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Speaker 2: all over the country every single year. Most of the

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Speaker 2: time it's settled with some compensation being paid, and that

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Speaker 2: can go from one thousand dollars to one hundred million

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Speaker 2: dollars like anywhere in between. Right, it depends. So now

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Speaker 2: what people don't fully understand, I think is that there's billions,

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Speaker 2: billions of dollars that are paid to victims of police

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Speaker 2: brutality every single.

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Speaker 3: Year, all the time. Yeah, there was a settlement for

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Speaker 3: forty million, this person got twenty five million. Nobody thinks

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Speaker 3: about they just hit the number. Nobody thinks about anything else.

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Speaker 3: Where's this coming from? Yeah?

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Speaker 2: And to create So Chicago in twenty eighteen, one hundred

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Speaker 2: and thirteen million dollars was paid to police brutality settlements

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Speaker 2: and judgments. One hundred and thirteen million in just the

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Speaker 2: city of Chicago in twenty eighteen one year. That's that's amazing.

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Speaker 2: So it's like, where does this money come from? So

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Speaker 2: this is this is now you start to peel back

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Speaker 2: the layers. Because if it's like it's like a movie,

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Speaker 2: it's like a movie, like you see the Instagram clips

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Speaker 2: and it's like, okay, so now I feel like I'm

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Speaker 2: actually a detective. Right, It's like, now you got pill

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Speaker 2: back the layers.

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Speaker 3: It's weird. Because at times like when you hear these sellments.

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Speaker 3: I remember when I'm gonna do the album Dudillo got

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Speaker 3: to sell them and it was like yah, it was

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Speaker 3: forty million dollars or something of that sort, and it

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Speaker 3: was like that felt like a victory. It felt like,

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Speaker 3: all right, well, he's been compensated for the abuse that

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Speaker 3: he suffered. And then when you look at like, wait,

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Speaker 3: where did that money come from? It's like, wait, is

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Speaker 3: this really a big should we be celebrating that?

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Speaker 2: That's the crazy thing about it. Nobody ever thought about

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Speaker 2: where the money comes from. So where does the money

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Speaker 2: come from? The money comes from taxpayers, right, So taxpayers.

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Speaker 2: So that's another thing about police officers. Police officers are

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Speaker 2: public servants. Right, we pay when I say we tax

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Speaker 2: paying people of the United States of America pay the

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Speaker 2: salaries and the retireronment of the police department. All of

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Speaker 2: that comes from tax dollars. So now the taxpayers are

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Speaker 2: paying for these payouts. That's the first that's the first

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Speaker 2: part that people need to fully understand.

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Speaker 3: It's like even before the payout, right, they have no

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Speaker 3: So you got to understand that part before you even

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Speaker 3: get to the telements. You've had to go through court

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Speaker 3: a court case. Right there, there's no financial responsibility on

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Speaker 3: the side of an officer during the police brutality case.

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Speaker 3: So literally, the taxpayers pay for their trial. So they're

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Speaker 3: paying for the lawyers that, they're paying for the judgments,

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Speaker 3: and they're paying for the settlements. Like there is nothing

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Speaker 3: that they have to do if the actors committed while

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Speaker 3: they're on the job.

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Speaker 2: Yeah, that's the fact. So now so now the taxpayers

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Speaker 2: pay for it. So it's like all right, so now

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Speaker 2: now we got deal back, peel back even more layers.

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Speaker 2: So now a lot of cities, in towns, they have

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Speaker 2: liability policies. So liability it's like insurance pretty much, right,

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Speaker 2: So it's like, okay, any other insurance policy, you pay

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Speaker 2: a premium. So like let's say you have a ten

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Speaker 2: million dollar liability policy, so your premium for that might

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Speaker 2: be two hundred and fifty thousand dollars, right, So taxpayers

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Speaker 2: are paying the premium because that's where it comes from

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Speaker 2: the budget. So taxpayer is paying two hundred and fifty thousand,

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Speaker 2: and then a liability company is paying the ten million.

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Speaker 2: So it's like okay, if you if you get into

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Speaker 2: a situation and you beat up somebody, a cop. You're

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Speaker 2: a cop, and you beat up somebody, they sue. Now

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Speaker 2: they win. So now a liability company is liable for

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Speaker 2: that to pay that, so they pay it. But ultimately

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Speaker 2: the taxpayers still paid it in some sort because they

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Speaker 2: actually paid the premium for the policy. So but that

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Speaker 2: wouldn't that wouldn't be that bad because it's like, all right,

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Speaker 2: you're only paying it's still bad because it's like you

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Speaker 2: you are committing a crime, you are actually abusing somebody,

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Speaker 2: and where even if it's a dollar or ten percent

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Speaker 2: of what's being paid, we're still paying for a tax payer.

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Speaker 2: But it's like, all right, it's still less. It's not

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Speaker 2: like you're paying the whole thing right now you got

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Speaker 2: to peel back even one more layers. So it's like,

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Speaker 2: all right. What happens is that most of these cities, towns,

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Speaker 2: and especially as more and more police brutality cases start

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Speaker 2: to be reported, they don't have enough liability because you

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Speaker 2: got to think about the liability companies are business as well.

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Speaker 2: They're not just going to try to give away money. Yeah,

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Speaker 2: it's like they cap it. So now it's like there's

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Speaker 2: not enough liability insurance to cover a lot of this, right, So.

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Speaker 3: We need more money.

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Speaker 2: So now they need more money, additional money in addition

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Speaker 2: to the liability. So where does that come from? So

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Speaker 2: now they have to issue bonds. They have to have bonds, right.

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Speaker 2: So it's like Bethelhem, Pennsylvania, small town in Pennsylvania two

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Speaker 2: thousand and four, they settle the wrongful death lawsuit for

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Speaker 2: a seven point eight nine million, So five hundred thousand

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Speaker 2: came from the insurance, right, seven million, three hundred and

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Speaker 2: nine seven point thirty nine million came from bonds. So

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Speaker 2: the vast majority of it actually came from bonds. Right.

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Speaker 3: So bonds in the sensus like, listen, we're gonna pay

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Speaker 3: you back this money over a given amount of time

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Speaker 3: with interests, right, So a lot of times it could

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Speaker 3: be thirty years, sometimes it could be shorter. So we

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Speaker 3: just got to understand that part too. So literally, a

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Speaker 3: municipality is saying, listen, we don't have the money, but

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Speaker 3: we'll get it back to you. They're gonna raise that

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Speaker 3: money from the good people who live in that city.

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Speaker 3: So it's like, listen, the people who live in these areas,

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Speaker 3: and a lot of times it's over policed areas. So

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Speaker 3: when we look at the cities, it's over police areas.

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Speaker 3: When they're over policed, there's gonna be more incidents, there's

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Speaker 3: gonna be more altercations with law officials. So they already

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Speaker 3: know like, all right, well, we're gonna set this budget aside,

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Speaker 3: and if we don't have enough, we're gonna get more

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Speaker 3: from the taxpayers.

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Speaker 2: Yeah, And so what happens, what's going on now is

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Speaker 2: that cities across the United States of America are going

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Speaker 2: into massive debt because of what they're calling it police

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Speaker 2: brutality bonds. That's what they're pretty much dead, police brutality bonds.

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Speaker 2: So that's the crazy thing about the financial industry. They

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Speaker 2: issue bonds for anything. There was bonds for mortgage backed security,

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Speaker 2: for your home's bonds, for anything that you really get creative,

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Speaker 2: you can issue a bond. So now they actually have

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Speaker 2: police brutality bonds. Right. So between two thousand and eight

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Speaker 2: and twenty and seventeen, we did some research, LA seventy

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Speaker 2: four million dollars was paid in police brutality bonds. The

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Speaker 2: insurance the interest on that was eighteen million. To the

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Speaker 2: holders of the bond and taxpayers it cost them eighty

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Speaker 2: nine million. So let me just I just wanted for

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Speaker 2: people to understand that. So, all right, LA didn't have

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Speaker 2: enough to pay police brutality cases.

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Speaker 3: So those are the judgments and settlements, right.

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Speaker 2: So over and above what they already have in their

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Speaker 2: budget are over and above the liabillion ran.

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Speaker 3: That's the scary part too, like we are ready of saying, listen,

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Speaker 3: we have a budget for it. Let's keep going.

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Speaker 2: Yeah, So now they have to go to the financial

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Speaker 2: markets and issue bonds worth seventy one million dollars, right,

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Speaker 2: So they take out bonds for seventy one million dollars

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Speaker 2: to pay this Because if you know what a bond is,

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Speaker 2: it's like it's your somebody's loaning you money. For them

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Speaker 2: loaning you money, you're paying it back over a court

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Speaker 2: of time. But it's with interest. So now the people

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Speaker 2: that loaned them the money, people that loaned them seventy

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Speaker 2: one million dollars, they got paid an interest of eighteen million.

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Speaker 3: We're going to talk about who they are too, and

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Speaker 3: it's said.

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Speaker 2: They So they made money, they made eighteen The people

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Speaker 2: that issued the bonds made eighteen million dollars on the bonds.

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Speaker 2: The taxpayers ended up paying for the whole thing because

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Speaker 2: you have to pay for the bond and the interest.

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Speaker 2: So the taxpayers ended up paying eighty nine million.

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Speaker 3: Right, So you got to sell the bond money, which

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Speaker 3: is the seventy one if we're talking about LA and

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Speaker 3: then you talk about the interest pays. So you can

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Speaker 3: buy those two and that's what the bill is for

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Speaker 3: the tax pay yep.

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Speaker 2: Milwaukee during that same time, twenty six million in bonds,

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Speaker 2: uh three point seven million dollars in interest. The taxpayers

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Speaker 2: paid twenty nine million. Chicago, Chicago. I don't know what's

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Speaker 2: going on in Chicago.

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Speaker 3: Well, Chicago had a lot of high profile cases. One

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Speaker 3: that comes to mind, and we're gonna talk about a

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Speaker 3: duration of time, So from like twy ten to twenty eighteen,

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Speaker 3: we're talking to almost a billion dollars paid. They had

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Speaker 3: the Lakwi McDonald case where the young black kid was

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Speaker 3: shot sixteen times and I believe the office's name was

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Speaker 3: Van Dyk or something like that got sent us to

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Speaker 3: six years. There was a settlement in that case. So

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Speaker 3: you got a couple of cases in Chicago that happened

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Speaker 3: from twenty to ten to twenty seventeen. They had seven

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Speaker 3: hundred and nine million in bonds seven hundred and nine million.

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Speaker 3: The interest paid on those on those bonds was one

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Speaker 3: billion dollars with a B so the taxpayers get the

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Speaker 3: bill for one point seven There's a crazy part. There

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Speaker 3: was this quote. I was like, yo, that is it.

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Speaker 3: I was reading. It was like they said, this is

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Speaker 3: like the equivalent of paying your rent with a credit card.

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Speaker 3: Like it's a temporary solution, but the root of the

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Speaker 3: problem is you don't have enough money to pay your bills. Yeah,

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Speaker 3: you know what I'm saying. Think about that, And that's crazy.

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Speaker 2: I mean because if you look at it, like Milwaukee

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Speaker 2: paid three million, three million interest on twenty six million

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Speaker 2: dollars bond, La paid eighteen million on a seventy one

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Speaker 2: million dollars bond, they're small. The interest is smaller than

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Speaker 2: the amount of money that they borrowed. Chicago actually paid

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Speaker 2: more interest than what they So not only are they

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Speaker 2: issuing bonds, they issuing high interests like credit card, like

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Speaker 2: thirty five percent or something like that must be crazy

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Speaker 2: that they paid one billion dollars of interest and they

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Speaker 2: only borrowed seven hundred and nine million, and the tax

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Speaker 2: payers pay for all of that tax paid pay for

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Speaker 2: one point seven billion. So this is something that's so

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Speaker 2: crazy because it's like, you're paying for police brutality. You are, yeah,

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Speaker 2: And this is something, like I said, whether you are black, white,

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Speaker 2: whether you are affluent, whatever, this is something that everybody

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Speaker 2: should be concerned about because from an economic standpoint, why

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Speaker 2: do you want to pay for road cops? Why do

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Speaker 2: you want to pay for that? You're you're not only

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Speaker 2: paying for it, but you're paying for the interest as well.

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Speaker 2: Yeah so all right, so now that's that's the third layer.

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Speaker 2: But here's where it gets really spicy. It's like, all right,

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Speaker 2: so we're talking about bonds and day, so who's day? Right?

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Speaker 2: So it turns out that large banks, investment firms, ball

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Speaker 2: Street investment firms, small regional banks all play a part

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Speaker 2: in issuing these bonds. Some well known companies that have

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Speaker 2: played a part, Wells Fargo, Goldman, Sachs, Bank of America.

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Speaker 3: Bank of Montreal.

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Speaker 2: So they issue police brutality bonds to town cities, municipalities.

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Speaker 2: The cities pay them over the court sometime to loan

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Speaker 2: them money so they can pay victims, and they actually

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Speaker 2: are making money. So these companies are making money off

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Speaker 2: of police brutality because they're getting paid interest on the bonds.

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Speaker 3: And there's a lot of fees that go into doing

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Speaker 3: these bonds. Right, So, like we said that there's an

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Speaker 3: underwriter fees that the banks are going to collect the

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Speaker 3: money on that every time they issue them, so they're

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Speaker 3: going to every time that there's a case that is

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Speaker 3: a settlement, there's underwriting fees, the bank gets paid.

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Speaker 2: So not only do you have the first layer that's

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Speaker 2: making money is insurance companies for the liability claims because

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Speaker 2: insurance companies always make money, there's no way around it,

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Speaker 2: Like that's how insurance companies operate, right, So now you're

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Speaker 2: paying insurance premiums. So insurance, there's insurance policies and place

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Speaker 2: for police brutality, they make money. But even bigger than that,

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Speaker 2: now you have financial institutions that are making money off

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Speaker 2: police brutality bonds off the interest. So okay, now we

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Speaker 2: have to look at now it makes more sense why

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Speaker 2: nothing has changed in the last fifty years, if anything

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Speaker 2: has gotten worse, right, because there's no incentive for it

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Speaker 2: to stop. Not only do the police do not pay themselves,

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Speaker 2: they have no financial responsibility for it at all. So

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Speaker 2: that's one thing.

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Speaker 3: Like that's crazy.

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Speaker 2: The insurance companies is actually making money on it, and

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Speaker 2: now banks and financial institutions aren't making money on it.

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Speaker 2: So if there's if there's if nobody's losing money as

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Speaker 2: far as the cops and people are making millions and

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Speaker 2: billions of dollars, why would there ever be a real

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Speaker 2: incentive to change police brutality?

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Speaker 3: And then all that, right, if this was chess, right,

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Speaker 3: if we said that those are all the players, we

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Speaker 3: got to figure out where are we at on that

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Speaker 3: chess board?

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Speaker 2: Just pawns getting moved around. That's the reality of it,

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Speaker 2: and most people don't realize it. So it's like all right, okay, okay.

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Speaker 2: So and there's different ways how cities use it, Like

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Speaker 2: some cities use bonds as like part of their budgets.

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Speaker 2: Some cities use it as an emergency option. Some cities

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Speaker 2: use it after the liability insurance content, but they're still

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Speaker 2: getting used. Right, So it's like whole economic strit And

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Speaker 2: this is what we're talking about politics, and this is

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Speaker 2: something that people need to be aware of. So it's

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Speaker 2: like we're not just going to give you the problem.

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Speaker 2: Hopefully people. Somebody's listening to a bunch of people are

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Speaker 2: listening and the community's listening, and you never know what

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Speaker 2: somebody can do with the information. Right. So now it's

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Speaker 2: like how I see it when we're talking about were

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Speaker 2: in a political season, right and you're asking these politicians,

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Speaker 2: You demanding these politicians for these things, right, But a

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Speaker 2: lot of times you're asking them and you demanded them

400
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Speaker 2: for wrong things. You asking them to put body cameras

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Speaker 2: on these people. It doesn't matter.

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Speaker 3: But that's crazy. I'm glad you said body cameras because

403
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Speaker 3: in my notes I was thinking, like body cameras that

404
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Speaker 3: comes out of the budget too, right, So like when

405
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Speaker 3: you say you want these things, they have to get

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Speaker 3: the money to pay for it. So there needs to

407
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Speaker 3: be a budget that needs to come flow. You're paying

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Speaker 3: for those body cameras if you want them, you know

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Speaker 3: what I'm saying. So like we got to think intense, like,

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Speaker 3: all right, everything that you're asking for.

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Speaker 2: You're gonna pay. So the reil in my opinion, if

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Speaker 2: you want to take a political route. I'm not a

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Speaker 2: post I'm not opposed to politics. If you want to

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Speaker 2: take a political route, right, real legislation that can really

415
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Speaker 2: make a difference is first hitting police officers when it hurts,

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Speaker 2: so cutting getting cuts from the pension funds, right, the

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Speaker 2: police unions across America is probably the strongest, if not

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Speaker 2: one of these strongest unions TV in every city of America.

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Speaker 2: That they hardly can ever lose it. They can go

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Speaker 2: to jail and still keep their pension. They hardly ever

421
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Speaker 2: get fired even if they do an egregious act. They

422
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Speaker 2: like get put on like punishment or death duty even when.

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Speaker 3: They get fired, so that that there's a fine line there, right,

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Speaker 3: and that's where the law comes in. It's like they

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Speaker 3: can get fired for the offense, but the offense happened

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Speaker 3: while they were on duty, you see what I'm saying,

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Speaker 3: So like you're still paying for it because it happened

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Speaker 3: while they were part of the force. They could have

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Speaker 3: been fired after it, but they still were doing that

430
00:21:55,640 --> 00:21:58,720
Speaker 3: crime while they were on it. So technically your taxpayer

431
00:21:58,760 --> 00:21:59,320
Speaker 3: is gonna pay for it.

432
00:21:59,480 --> 00:22:03,159
Speaker 2: Yeah, so actionable items my opinion, I'm sure you have

433
00:22:03,200 --> 00:22:08,879
Speaker 2: somebody says cutting pension funds right, every for every for

434
00:22:09,080 --> 00:22:13,200
Speaker 2: every one hundred million that has to be paid out,

435
00:22:13,760 --> 00:22:17,160
Speaker 2: ten percent of the of the pension fund gets depleted.

436
00:22:17,400 --> 00:22:22,120
Speaker 2: That's that's an incentive for cops. Not to be because

437
00:22:22,240 --> 00:22:24,040
Speaker 2: you gotta realize this a lot of times, this is

438
00:22:24,040 --> 00:22:28,000
Speaker 2: the reality of it. Racism is real, right, So you're

439
00:22:28,040 --> 00:22:29,520
Speaker 2: not gonna be able to change You're not gonna be

440
00:22:29,560 --> 00:22:31,520
Speaker 2: able to change somebody's mine. If somebody looks at you

441
00:22:31,760 --> 00:22:34,400
Speaker 2: as less than a human being, somebody looks at you,

442
00:22:34,400 --> 00:22:38,000
Speaker 2: you can't change that by doing training, and none of

443
00:22:38,040 --> 00:22:41,000
Speaker 2: that's gonna work. But what people respect more than anything

444
00:22:41,040 --> 00:22:44,359
Speaker 2: else is money. So if they realize that, look, this

445
00:22:44,560 --> 00:22:47,080
Speaker 2: is gonna affect my money, you're gonna think twice about

446
00:22:47,119 --> 00:22:50,199
Speaker 2: doing something. So let's say it's one hundred for ever,

447
00:22:50,200 --> 00:22:53,240
Speaker 2: one hundred million dollars, ten percent of the total pension

448
00:22:53,320 --> 00:22:55,960
Speaker 2: for everybody, because it gotta be across the board. Everybody's

449
00:22:55,960 --> 00:22:58,959
Speaker 2: gotta fill. The pain gets deducted. Now the good cops,

450
00:23:00,000 --> 00:23:02,320
Speaker 2: he's going to be even more vigilant, and the bad

451
00:23:02,359 --> 00:23:04,119
Speaker 2: cops is even going to think about it because it's like,

452
00:23:04,119 --> 00:23:06,159
Speaker 2: I'm not just going to do nothing crazy because now

453
00:23:06,200 --> 00:23:07,080
Speaker 2: I'm gonna get effected.

454
00:23:07,160 --> 00:23:09,400
Speaker 3: Pay I think the second way we can we can

455
00:23:09,440 --> 00:23:13,359
Speaker 3: go about this is having them have individual responsibility rather

456
00:23:13,440 --> 00:23:15,879
Speaker 3: than having the tax paid pay for it. Let it

457
00:23:15,920 --> 00:23:17,520
Speaker 3: come out of it. Like you said, let's affect the money.

458
00:23:17,640 --> 00:23:19,720
Speaker 3: Let it come out of their own individual pench pains.

459
00:23:19,800 --> 00:23:22,240
Speaker 3: Let it come out of their own individual salaries if

460
00:23:22,240 --> 00:23:25,080
Speaker 3: there is misconduct, Right, if you saw that happening, you

461
00:23:25,080 --> 00:23:27,840
Speaker 3: would be less likely to commit any type of egregious

462
00:23:27,880 --> 00:23:29,800
Speaker 3: offense if you know it was gonna cost you, right,

463
00:23:29,840 --> 00:23:31,160
Speaker 3: because you got to feed your family too.

464
00:23:31,320 --> 00:23:33,639
Speaker 2: It's just like the NFL or any other thing. You

465
00:23:33,680 --> 00:23:36,240
Speaker 2: get fined exactly right, you get fine, you do something

466
00:23:36,280 --> 00:23:38,360
Speaker 2: in the NFL, you do an illegal hit, you get

467
00:23:38,359 --> 00:23:42,440
Speaker 2: a fifty thousand dollars paycheck cut in your paycheck. So yeah,

468
00:23:42,440 --> 00:23:45,200
Speaker 2: like you said, cops, if you get found guilty, if

469
00:23:45,240 --> 00:23:47,320
Speaker 2: you because if you have to pay their settling it right,

470
00:23:47,480 --> 00:23:50,760
Speaker 2: So if for every settlement that you have to pay for,

471
00:23:51,040 --> 00:23:53,280
Speaker 2: we're going to take twenty thousand dollars out of your salary,

472
00:23:53,280 --> 00:23:55,240
Speaker 2: We're going to cut your salary about twenty five percent

473
00:23:55,640 --> 00:23:57,440
Speaker 2: for the year or so, you know what I'm saying.

474
00:23:57,440 --> 00:23:59,520
Speaker 2: So now it's like overtime paid all types of thing.

475
00:23:59,600 --> 00:24:03,879
Speaker 2: So now it's like, Okay, you have a financial incentive

476
00:24:03,960 --> 00:24:08,200
Speaker 2: put in place not to do these things. Right. Another

477
00:24:08,240 --> 00:24:11,800
Speaker 2: thing that they can do is that they can deduct

478
00:24:11,800 --> 00:24:15,359
Speaker 2: it from the overall police budget, which will lower the

479
00:24:15,359 --> 00:24:19,320
Speaker 2: police budget, which that hurts them. Right. Another thing that

480
00:24:19,359 --> 00:24:21,280
Speaker 2: they can do that I just thought about is I

481
00:24:21,320 --> 00:24:24,639
Speaker 2: don't understand why cops don't have e ANDO insurance. Like

482
00:24:25,400 --> 00:24:28,080
Speaker 2: there's millions of cops all across the country from every persent,

483
00:24:28,200 --> 00:24:32,439
Speaker 2: from doctors, financial advisors. Doctors pay so much money in

484
00:24:32,560 --> 00:24:35,840
Speaker 2: malpractice insurance, so much money. Like a doctor might pay

485
00:24:35,880 --> 00:24:38,400
Speaker 2: thirty thousand dollars a year in malpractice insurance. He might

486
00:24:38,440 --> 00:24:41,879
Speaker 2: not ever do anything wrong, but that's the cost of

487
00:24:41,920 --> 00:24:45,600
Speaker 2: being a doctor, because when a doctor does do something wrong,

488
00:24:45,640 --> 00:24:49,160
Speaker 2: it's all pulled together. Just like a financial advisor has

489
00:24:49,200 --> 00:24:52,000
Speaker 2: e ANDO insurance, which stands for ARIZONO Mission Insurance. So

490
00:24:52,040 --> 00:24:54,680
Speaker 2: the financial advisor might not do anything wrong his whole

491
00:24:54,840 --> 00:25:00,320
Speaker 2: entire career, but if something happens and you know, a

492
00:25:00,400 --> 00:25:03,320
Speaker 2: complaint is fouled, then they have E and O insurance,

493
00:25:03,320 --> 00:25:07,280
Speaker 2: which every financial advisor has to carry E and O insurance. Right. So, now,

494
00:25:07,480 --> 00:25:09,600
Speaker 2: like any other type of insurance, you got millions of

495
00:25:09,600 --> 00:25:12,800
Speaker 2: people putting it towards the pot it comes out of that.

496
00:25:13,280 --> 00:25:15,959
Speaker 2: So why can't cops have E and O insurance? Two

497
00:25:16,080 --> 00:25:19,199
Speaker 2: hundred dollars out of every single cops paycheck has to

498
00:25:19,240 --> 00:25:22,800
Speaker 2: go to E and O malpractice whatever you want to

499
00:25:22,840 --> 00:25:26,080
Speaker 2: call it, insurance. So now you've taken two hundred dollars

500
00:25:26,119 --> 00:25:30,240
Speaker 2: a paycheck out of millions of cops paychecks that alone

501
00:25:30,359 --> 00:25:32,520
Speaker 2: could probably pay for at least half of these police

502
00:25:32,560 --> 00:25:35,640
Speaker 2: brutality cast it's gonna come out of yacht like.

503
00:25:37,040 --> 00:25:39,000
Speaker 3: Just because what you said is so important that it'll

504
00:25:39,040 --> 00:25:40,879
Speaker 3: be more than that. Right, because we're not talking about

505
00:25:40,960 --> 00:25:44,680
Speaker 3: every city in America. We're talking about over over populated

506
00:25:44,760 --> 00:25:47,840
Speaker 3: cities with police presence, right, So if there's a large

507
00:25:47,880 --> 00:25:49,840
Speaker 3: police presence in that city, then these things are more

508
00:25:49,920 --> 00:25:52,040
Speaker 3: likely to happen. And where those things happen in the

509
00:25:52,080 --> 00:25:55,600
Speaker 3: cities that there are predominantly people that look like myself

510
00:25:55,640 --> 00:25:56,719
Speaker 3: and shoddy straight up.

511
00:25:57,200 --> 00:25:59,439
Speaker 2: Yeah. And when you're talking about voting once again, you're

512
00:25:59,440 --> 00:26:02,320
Speaker 2: talking about vot that's important. You have to It's not

513
00:26:02,400 --> 00:26:04,720
Speaker 2: good enough just to vote. It's not good enough just

514
00:26:04,880 --> 00:26:08,000
Speaker 2: you have to enact real policy change, Like these are

515
00:26:08,040 --> 00:26:09,480
Speaker 2: real policy changes.

516
00:26:09,200 --> 00:26:11,360
Speaker 3: Before they can even vote, right, Like I know that everybody,

517
00:26:11,359 --> 00:26:13,440
Speaker 3: this is a year that the census has come out.

518
00:26:14,119 --> 00:26:16,040
Speaker 3: You have to fill that out, y'all, Like you've got

519
00:26:16,080 --> 00:26:17,560
Speaker 3: to fill that out, fill out the censors, let them

520
00:26:17,600 --> 00:26:20,040
Speaker 3: know who you are, so then you can actually vote

521
00:26:20,040 --> 00:26:22,879
Speaker 3: and actually get elected officials in the positions who have

522
00:26:22,960 --> 00:26:25,320
Speaker 3: your best interest in mind. Man, people, I've seen people

523
00:26:25,359 --> 00:26:27,359
Speaker 3: with this. It's like I got my senses. Whatever, what

524
00:26:27,440 --> 00:26:28,520
Speaker 3: is that do with that?

525
00:26:29,119 --> 00:26:33,120
Speaker 2: Another thing is that it could it could be legislation

526
00:26:33,280 --> 00:26:37,560
Speaker 2: put in place where no financial institution can benefit. And

527
00:26:37,600 --> 00:26:39,359
Speaker 2: if they are going to issue bonds, it has to

528
00:26:39,359 --> 00:26:42,159
Speaker 2: be zero percent interest. That's the way. It's really no

529
00:26:42,320 --> 00:26:44,919
Speaker 2: incentive for them to make your money. You're not going

530
00:26:44,960 --> 00:26:47,000
Speaker 2: to issue a bond if it's zero percent interest. So

531
00:26:47,000 --> 00:26:49,879
Speaker 2: it's gonna be extremely harder because now it's just easy,

532
00:26:49,920 --> 00:26:52,080
Speaker 2: like all right, we get we get in trouble, we

533
00:26:52,119 --> 00:26:54,600
Speaker 2: go to Wells Fargo. They're gonna cut us a check.

534
00:26:54,880 --> 00:26:56,880
Speaker 2: We're gonna pay it back. It's not coming from us,

535
00:26:56,920 --> 00:27:00,159
Speaker 2: it's coming from tax payers anyway, So who cares? WEALTHO

536
00:27:00,240 --> 00:27:02,679
Speaker 2: doesn't care because they making money. The police department doesn't

537
00:27:02,680 --> 00:27:04,840
Speaker 2: care because it's coming from the taxpayers. The only one

538
00:27:04,840 --> 00:27:07,760
Speaker 2: that's that's brought in this bill is taxpayers. So not

539
00:27:07,800 --> 00:27:10,840
Speaker 2: only a taxpayer is paying a salary of cops, they're

540
00:27:10,880 --> 00:27:13,000
Speaker 2: paying for the mistakes of cops as well.

541
00:27:13,320 --> 00:27:16,240
Speaker 3: Yeah, on a daily basis. And like that's the part

542
00:27:16,280 --> 00:27:18,480
Speaker 3: that people really got to understand. Like if you're paying taxes,

543
00:27:18,560 --> 00:27:21,520
Speaker 3: yeah it's cool, Like all right, we're paying for schools,

544
00:27:21,520 --> 00:27:23,640
Speaker 3: but yeah, you're also playing for misconduct. Straight up.

545
00:27:24,320 --> 00:27:27,720
Speaker 2: That's a fact man. So you know, it's it's it's

546
00:27:27,760 --> 00:27:29,600
Speaker 2: it's a it's a crazy system. We can go on

547
00:27:29,680 --> 00:27:31,960
Speaker 2: and on about this, but like I said, and it's

548
00:27:31,960 --> 00:27:34,120
Speaker 2: like for those that are saying, like, all, we can't vote,

549
00:27:34,160 --> 00:27:36,000
Speaker 2: I'm not saying I'm not we shouldn't vote. I'm not

550
00:27:36,040 --> 00:27:38,119
Speaker 2: telling anybody what to do politically. We're not We're not

551
00:27:38,160 --> 00:27:40,919
Speaker 2: a political show. I'm just saying as far as instead

552
00:27:40,920 --> 00:27:43,880
Speaker 2: of just giving you problems, these are some real life

553
00:27:43,920 --> 00:27:45,920
Speaker 2: solutions that you can now how you go about it,

554
00:27:45,920 --> 00:27:48,000
Speaker 2: it's up to you. Like I said, we provide the

555
00:27:48,040 --> 00:27:51,359
Speaker 2: information applications on you. You know, if you're a young leader,

556
00:27:51,400 --> 00:27:54,560
Speaker 2: if you're an old leader, and if you you sparks something,

557
00:27:54,920 --> 00:27:58,760
Speaker 2: whether it's through community mobilization, whether it's through boycotts to

558
00:27:58,800 --> 00:28:02,440
Speaker 2: these or these institutions that that issue these bonds, whether

559
00:28:02,520 --> 00:28:05,960
Speaker 2: it's through political action that can be debated for a

560
00:28:05,960 --> 00:28:08,960
Speaker 2: different day, a different show. But you know, the first

561
00:28:08,960 --> 00:28:11,640
Speaker 2: thing is to be aware of what's going on.

562
00:28:11,800 --> 00:28:13,760
Speaker 3: So we went over that like all last week. We

563
00:28:13,840 --> 00:28:16,120
Speaker 3: just kept saying that over and over. Everybody's like knowledge power.

564
00:28:16,160 --> 00:28:18,320
Speaker 3: The more you know, the more you know. Yo. The

565
00:28:18,320 --> 00:28:20,760
Speaker 3: real issue is that knowledge is power, want it's applied.

566
00:28:20,800 --> 00:28:22,560
Speaker 3: So now that you have the knowledge, we've provided some

567
00:28:22,640 --> 00:28:24,840
Speaker 3: knowledge for you, hopefully we peel back some layers that

568
00:28:24,880 --> 00:28:27,480
Speaker 3: you were unaware of. Now it's up to you. Now

569
00:28:27,520 --> 00:28:28,879
Speaker 3: what what do you do with this? What do you

570
00:28:28,920 --> 00:28:30,240
Speaker 3: do with you got Where do you apply it?

571
00:28:30,800 --> 00:28:32,880
Speaker 2: That's the fact. So in the next segment, we're gonna

572
00:28:32,920 --> 00:28:35,360
Speaker 2: go we're gonna switch topics, but staying in the same lane,

573
00:28:35,520 --> 00:28:37,720
Speaker 2: and we're gonna talk about investing. We're going talking about

574
00:28:37,720 --> 00:28:40,880
Speaker 2: making money from a different twist, all right, So now

575
00:28:40,880 --> 00:28:43,160
Speaker 2: we're gonna go into investing. That's what that's what we

576
00:28:43,240 --> 00:28:49,040
Speaker 2: You know, people always tune into Shots Market Monday's number

577
00:28:49,040 --> 00:28:52,479
Speaker 2: one stock show a whole vi shout out to wall

578
00:28:52,520 --> 00:28:56,160
Speaker 2: St Trafford, bro shout out to everybody that we had

579
00:28:56,200 --> 00:28:57,880
Speaker 2: on the show to talk about investing. Shot out to

580
00:28:57,960 --> 00:29:01,160
Speaker 2: Quentin Martin. The first market show up we've ever done,

581
00:29:01,560 --> 00:29:03,560
Speaker 2: and that was the over year ago, So we talked

582
00:29:03,560 --> 00:29:05,680
Speaker 2: about investing a lot, right, but it's just like now

583
00:29:06,120 --> 00:29:08,960
Speaker 2: we're in the time of being socially conscious. We're in

584
00:29:08,960 --> 00:29:12,040
Speaker 2: the time of actually you know, and it does. Everybody's

585
00:29:12,040 --> 00:29:13,800
Speaker 2: not socially conscious, but I'm just saying as far as

586
00:29:13,800 --> 00:29:16,400
Speaker 2: a lot of people are starting to become socially conscious.

587
00:29:16,440 --> 00:29:18,720
Speaker 2: So a lot of people grapple because we do. We

588
00:29:18,760 --> 00:29:20,520
Speaker 2: did a show last week shout out the my song

589
00:29:20,680 --> 00:29:23,120
Speaker 2: about you know the prison system yep, and it's like,

590
00:29:23,200 --> 00:29:25,000
Speaker 2: I you know what I mean, Like I don't feel

591
00:29:25,000 --> 00:29:27,920
Speaker 2: comfortable investing in in companies as invested in prison or

592
00:29:27,920 --> 00:29:30,360
Speaker 2: it's like now it's police brutality and find out there's

593
00:29:30,360 --> 00:29:31,640
Speaker 2: a whole financial play behind that.

594
00:29:31,800 --> 00:29:33,440
Speaker 3: I think. I think that was so open the doors

595
00:29:33,440 --> 00:29:35,000
Speaker 3: because like a lot of people didn't even realize that.

596
00:29:35,000 --> 00:29:36,360
Speaker 3: And shout out to my song because I see him

597
00:29:36,360 --> 00:29:39,240
Speaker 3: on the field and he was in Kentucky with the

598
00:29:39,280 --> 00:29:43,120
Speaker 3: Breonna Taylor case and now he's in Minnesota with the

599
00:29:43,640 --> 00:29:45,200
Speaker 3: George Floyd case too, So shout out to my song.

600
00:29:45,200 --> 00:29:46,280
Speaker 3: Who's doing incredible work.

601
00:29:46,960 --> 00:29:49,840
Speaker 2: Shout out to my song for sure. So all right,

602
00:29:50,400 --> 00:29:52,280
Speaker 2: one thing that we have not talked about so far

603
00:29:52,320 --> 00:29:57,560
Speaker 2: in the podcast is socially responsible investing. That's all right, Yes,

604
00:29:57,760 --> 00:30:01,000
Speaker 2: socially responsible investing. So this is a interest in conversation

605
00:30:01,120 --> 00:30:03,959
Speaker 2: because it's actually a really big thing and it's been

606
00:30:04,000 --> 00:30:06,479
Speaker 2: around for a very long period of time. But so

607
00:30:06,680 --> 00:30:11,360
Speaker 2: there are investors, right that have social hang ups about

608
00:30:11,480 --> 00:30:15,560
Speaker 2: different things. Whether it be about the environment, whether it

609
00:30:15,600 --> 00:30:19,440
Speaker 2: be about tobacco, whether it be about gambling, whether it

610
00:30:19,520 --> 00:30:24,280
Speaker 2: be about war, another one, weapons of mass destruction, prison

611
00:30:25,240 --> 00:30:28,560
Speaker 2: companies that benefit off of prison health.

612
00:30:28,640 --> 00:30:31,680
Speaker 3: Healthcare, anybody invested in tobacco, alcohol.

613
00:30:31,360 --> 00:30:35,440
Speaker 2: Women, a bunch of different things that people. So it's

614
00:30:35,440 --> 00:30:36,880
Speaker 2: like a lot of times just like you know, some

615
00:30:36,920 --> 00:30:39,560
Speaker 2: people and I'm not taking aside either way. Some people's like,

616
00:30:39,600 --> 00:30:41,240
Speaker 2: you know, I'm ana invest and just get my bread,

617
00:30:41,480 --> 00:30:43,560
Speaker 2: get my money, and it is what it is. And

618
00:30:43,600 --> 00:30:45,720
Speaker 2: then some people was like, you know, I kind of

619
00:30:45,760 --> 00:30:48,760
Speaker 2: want to still invest make money. I believe in that,

620
00:30:49,400 --> 00:30:52,880
Speaker 2: but I still have some moral issues.

621
00:30:53,040 --> 00:30:55,040
Speaker 3: Your moral compass is going that I don't.

622
00:30:54,800 --> 00:30:57,120
Speaker 2: Necessarily want to invest in certain companies.

623
00:30:58,400 --> 00:31:00,000
Speaker 3: Fair, Yeah, that's fair.

624
00:31:00,560 --> 00:31:04,680
Speaker 2: I'm not saying it's not so so for that they're

625
00:31:04,720 --> 00:31:08,080
Speaker 2: actually funds. There's actually funds. Now guy said that the

626
00:31:08,240 --> 00:31:10,560
Speaker 2: financial when you start to learn about more about everything.

627
00:31:10,560 --> 00:31:12,280
Speaker 2: It's something it's like ice cream. The's a different flavor

628
00:31:12,320 --> 00:31:15,480
Speaker 2: for every single person. So there's actually funds, ETFs and

629
00:31:15,520 --> 00:31:21,880
Speaker 2: mutual funds in place to four socially conscious investors.

630
00:31:21,920 --> 00:31:23,200
Speaker 3: Yeah, I had to pull back the layers on this

631
00:31:23,280 --> 00:31:25,160
Speaker 3: because I was like, what you texted to me? I'm like,

632
00:31:25,440 --> 00:31:27,720
Speaker 3: I never heard of it. Let's do some research.

633
00:31:28,080 --> 00:31:32,120
Speaker 2: Yeah for sure. So you know there there's there's a few.

634
00:31:32,160 --> 00:31:36,920
Speaker 2: Like I said, so those are the different topics like environment, gambling, tobacco, alcohol, prison,

635
00:31:37,320 --> 00:31:41,040
Speaker 2: social justice, and religion. That's a whole different conversation. We're

636
00:31:41,040 --> 00:31:43,000
Speaker 2: gonna talk about that, but so just to kind of

637
00:31:43,000 --> 00:31:47,440
Speaker 2: give you a few, there's es g U E s

638
00:31:47,520 --> 00:31:52,240
Speaker 2: g U is an ETF, a socially conscious ETF that

639
00:31:52,360 --> 00:31:56,280
Speaker 2: does not invest in any company that has anything to

640
00:31:56,280 --> 00:32:04,000
Speaker 2: do with weapons, tobacco, jails, even though they actually did

641
00:32:04,040 --> 00:32:07,200
Speaker 2: have a private prison in their ETF and then they

642
00:32:07,200 --> 00:32:09,040
Speaker 2: found out and there was a mistake and they kicked

643
00:32:09,080 --> 00:32:10,680
Speaker 2: it off. So it's like even that, it's like, you know,

644
00:32:10,760 --> 00:32:13,320
Speaker 2: you find out you try to get the kosher hot

645
00:32:13,360 --> 00:32:17,680
Speaker 2: dogs it was made in a pig slaughtering house. It's

646
00:32:17,680 --> 00:32:20,520
Speaker 2: like it's so crazy, but so yeah, but yeah, that's

647
00:32:20,560 --> 00:32:22,760
Speaker 2: a ETF, and that ETF has actually done pretty well,

648
00:32:23,960 --> 00:32:25,920
Speaker 2: you know, considering because a lot of a lot of

649
00:32:26,000 --> 00:32:28,840
Speaker 2: times the performance of these things aren't as high as

650
00:32:28,880 --> 00:32:32,200
Speaker 2: other ones, but that one has done pretty well. It's

651
00:32:32,280 --> 00:32:37,000
Speaker 2: fifty two week high is seventy five dollars, and it's

652
00:32:37,040 --> 00:32:39,040
Speaker 2: fifty two week low was forty dollars a month ago.

653
00:32:39,120 --> 00:32:40,880
Speaker 2: So in March it was forty dollars. Right now it's

654
00:32:40,920 --> 00:32:43,640
Speaker 2: sixty eight, so it's it's it's up pretty nicely in

655
00:32:44,360 --> 00:32:47,240
Speaker 2: a two in a two month timeframe. Another one is

656
00:32:47,440 --> 00:32:51,480
Speaker 2: s SGA, which is a women diversity ETF and like

657
00:32:51,520 --> 00:32:55,480
Speaker 2: investing companies that hire majority women or have women CEO,

658
00:32:55,600 --> 00:33:00,000
Speaker 2: it's like it's focused around women. There's another one called

659
00:33:00,080 --> 00:33:03,840
Speaker 2: c r b N which is a low carbon environmental

660
00:33:03,960 --> 00:33:07,200
Speaker 2: friendly ETF. So there there's a variety. Like you can

661
00:33:07,240 --> 00:33:10,640
Speaker 2: just google socially conscious funds and like kind of just

662
00:33:10,640 --> 00:33:12,920
Speaker 2: play around with it in different filters and you can see, like,

663
00:33:13,000 --> 00:33:15,240
Speaker 2: you know, what kind of fun you're looking for, you know,

664
00:33:15,280 --> 00:33:15,840
Speaker 2: with the situation.

665
00:33:15,840 --> 00:33:18,280
Speaker 3: It's interesting. It's interest because I'm thinking to myself, like,

666
00:33:18,320 --> 00:33:20,920
Speaker 3: how many investors right are not willing to compromise their

667
00:33:20,960 --> 00:33:23,920
Speaker 3: values to make money. And when you when I think

668
00:33:23,960 --> 00:33:25,880
Speaker 3: of investors, I'm like, you know what, I think the

669
00:33:25,880 --> 00:33:27,480
Speaker 3: more the moral thing is like they just want to

670
00:33:27,520 --> 00:33:29,360
Speaker 3: make money. Yeah, they don't put everything else.

671
00:33:29,400 --> 00:33:32,680
Speaker 2: I think. I think you know, people and myself included.

672
00:33:32,720 --> 00:33:36,560
Speaker 2: You know, I'm not preaching from the choir. We can

673
00:33:36,800 --> 00:33:40,680
Speaker 2: conveniently get blind, right, conveniently get blind because it's like,

674
00:33:40,760 --> 00:33:42,479
Speaker 2: you know what I'm saying, Like you might see something,

675
00:33:43,280 --> 00:33:45,120
Speaker 2: it's like it's not that bad.

676
00:33:45,520 --> 00:33:48,440
Speaker 3: It's like like if you were anti war, right, and

677
00:33:48,520 --> 00:33:51,640
Speaker 3: it was like, yeah, bones at ninety seven dollars, right,

678
00:33:51,640 --> 00:33:53,360
Speaker 3: But I don't want to invest in any company that

679
00:33:53,480 --> 00:33:56,120
Speaker 3: has deals with any making machines or any type of

680
00:33:56,120 --> 00:33:59,480
Speaker 3: thing that can help in the development of weapons and

681
00:33:59,520 --> 00:34:03,200
Speaker 3: masters to strut helping more. There goes that morale. It's like, wait,

682
00:34:03,200 --> 00:34:04,960
Speaker 3: well this is a good buye, right, this this is

683
00:34:04,960 --> 00:34:07,600
Speaker 3: a good buye at ninety seven dollars. Is it worth it?

684
00:34:07,680 --> 00:34:09,640
Speaker 3: You know what I'm saying, Like, I think most people think,

685
00:34:09,760 --> 00:34:10,560
Speaker 3: let's just make money.

686
00:34:10,560 --> 00:34:12,879
Speaker 2: Oh, they just don't really think about it. You're thinking

687
00:34:12,880 --> 00:34:15,359
Speaker 2: about it from that un the standpoint, it's like, yeah,

688
00:34:15,480 --> 00:34:20,600
Speaker 2: you know, Boeing has government contracts. Are you thinking that

689
00:34:21,480 --> 00:34:25,040
Speaker 2: maybe that government plane is sending a drone and killing

690
00:34:25,040 --> 00:34:27,279
Speaker 2: an innocent child in Syria? You're not really looking too

691
00:34:27,320 --> 00:34:32,799
Speaker 2: far into it. You could. It's available. It's a lot,

692
00:34:33,080 --> 00:34:38,440
Speaker 2: it's a lot easier. This is what happens in a

693
00:34:38,520 --> 00:34:42,360
Speaker 2: variety of different things. You don't you don't want to

694
00:34:42,400 --> 00:34:44,680
Speaker 2: see certain things. Like you, you're walking down the alley,

695
00:34:44,800 --> 00:34:47,799
Speaker 2: you see what's going on, you turn your you turn around.

696
00:34:47,880 --> 00:34:50,479
Speaker 2: You walked out the way a lot of times. Most

697
00:34:50,480 --> 00:34:51,799
Speaker 2: of the time, yeah, most of the time.

698
00:34:51,800 --> 00:34:53,040
Speaker 3: I mean for your own safety a lot of time.

699
00:34:53,080 --> 00:34:55,200
Speaker 2: And like I said, I'm not here to shame. We're

700
00:34:55,200 --> 00:34:56,320
Speaker 2: not here to shame anybody.

701
00:34:56,480 --> 00:34:56,680
Speaker 3: Nah.

702
00:34:57,560 --> 00:34:59,399
Speaker 2: But but I'm just saying, I'm just you just want

703
00:34:59,400 --> 00:35:00,640
Speaker 2: to provide them in for me.

704
00:35:01,920 --> 00:35:04,200
Speaker 3: This episode is brought to you by P and C Bank.

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Speaker 2: Fation for some people that may want to take a

752
00:37:54,840 --> 00:38:01,080
Speaker 2: higher level of morality in that standpoint, and may want

753
00:38:01,120 --> 00:38:05,800
Speaker 2: to take a higher level of weeding out their investments.

754
00:38:05,840 --> 00:38:07,319
Speaker 2: Just give them, Just give them. That's the thing we're

755
00:38:07,760 --> 00:38:09,200
Speaker 2: we just hate it. Just provide information. A lot of

756
00:38:09,200 --> 00:38:10,799
Speaker 2: time people don't fully understand that, and they don't they

757
00:38:10,800 --> 00:38:12,680
Speaker 2: don't they don't even know that.

758
00:38:12,440 --> 00:38:15,239
Speaker 3: That exist exactly. So it's like there are a lot

759
00:38:15,239 --> 00:38:17,359
Speaker 3: of people in this I guess the quote unquote woke

760
00:38:17,400 --> 00:38:20,440
Speaker 3: stage right. So it's like, yo, if you're woke, let

761
00:38:20,440 --> 00:38:22,239
Speaker 3: it be in all assets of your life, right, not

762
00:38:22,320 --> 00:38:24,160
Speaker 3: just in your individual things that you're doing on day

763
00:38:24,200 --> 00:38:25,960
Speaker 3: to day, but even in investment. And this is one

764
00:38:26,000 --> 00:38:27,839
Speaker 3: of those things like like you said, prior to this,

765
00:38:28,239 --> 00:38:30,320
Speaker 3: I wasn't thinking about it. I had no idea, you

766
00:38:30,360 --> 00:38:30,759
Speaker 3: know what I mean.

767
00:38:30,920 --> 00:38:34,040
Speaker 2: It's so But then that brings it to another conversation

768
00:38:34,760 --> 00:38:36,719
Speaker 2: we talked to get shot out to Mice on last

769
00:38:36,719 --> 00:38:40,160
Speaker 2: week's episode was about the prison system. We didn't fully

770
00:38:40,160 --> 00:38:44,279
Speaker 2: go into the finances of publicly traded companies, but so

771
00:38:44,920 --> 00:38:50,440
Speaker 2: there's prison stocks, like private prison companies that are traded

772
00:38:50,560 --> 00:38:53,839
Speaker 2: on the Stock exchange. So a few of them are

773
00:38:53,960 --> 00:38:57,920
Speaker 2: cour Civic which is c x W, and g O Group,

774
00:38:58,080 --> 00:39:00,680
Speaker 2: which is geo. That's there, that's the symbol.

775
00:39:00,719 --> 00:39:02,920
Speaker 3: The crazy thing about cor Cific and this is crazy

776
00:39:02,920 --> 00:39:04,400
Speaker 3: that you said that. We don't even speak about this,

777
00:39:04,719 --> 00:39:06,600
Speaker 3: but dal Freeman shot out to Daal Freeman. If you

778
00:39:06,600 --> 00:39:09,280
Speaker 3: don't know Daalk Freeman, google him. I tell you his background.

779
00:39:09,280 --> 00:39:12,160
Speaker 3: But a very a very successful man in the world

780
00:39:12,280 --> 00:39:13,839
Speaker 3: of technology.

781
00:39:14,360 --> 00:39:14,480
Speaker 2: Uh.

782
00:39:14,560 --> 00:39:17,799
Speaker 3: He called me. He said, y'all loved that episode. The

783
00:39:17,840 --> 00:39:20,240
Speaker 3: actual the CEO of Courcific is my next door neighbor.

784
00:39:20,600 --> 00:39:21,040
Speaker 2: Oh yeah.

785
00:39:21,360 --> 00:39:23,319
Speaker 3: He was like, Yo, it's a big business and I'm

786
00:39:23,360 --> 00:39:26,120
Speaker 3: glad y'all talked to you episode. Yep, loved it. Sent

787
00:39:26,280 --> 00:39:29,680
Speaker 3: me the message and I was like, wow, that's incredible.

788
00:39:29,760 --> 00:39:32,160
Speaker 3: He was like, Yo, it's a big business. It's a city. Literally.

789
00:39:32,200 --> 00:39:34,120
Speaker 3: You got to think of these prisons, these private business

790
00:39:34,200 --> 00:39:37,239
Speaker 3: as cities. They need everything that a city needs. And

791
00:39:37,280 --> 00:39:39,640
Speaker 3: when you look at it like that, it's like damn.

792
00:39:39,719 --> 00:39:41,840
Speaker 3: He's right. Yeah, and his next door neighbor is the

793
00:39:41,840 --> 00:39:43,160
Speaker 3: guy who is in charge of that.

794
00:39:43,480 --> 00:39:45,960
Speaker 2: Well, there you have it. So yeah, those are two

795
00:39:46,000 --> 00:39:48,880
Speaker 2: private prison companies. Now. The crazy thing about those stocks,

796
00:39:49,160 --> 00:39:51,640
Speaker 2: so it's been even on that episode, my song had

797
00:39:51,680 --> 00:39:55,400
Speaker 2: said that private prison stocks skyrocketed after Trump got elected.

798
00:39:55,440 --> 00:39:57,120
Speaker 2: That is true. Both of those companies I think went

799
00:39:57,200 --> 00:39:59,680
Speaker 2: up over one hundred percent in the year following Trump's election,

800
00:39:59,760 --> 00:40:04,160
Speaker 2: but they've actually been down for the last like three

801
00:40:04,200 --> 00:40:06,080
Speaker 2: year and four years, Like their five year chart is

802
00:40:06,120 --> 00:40:08,600
Speaker 2: not really impressive, which is a good thing. I mean,

803
00:40:08,880 --> 00:40:11,200
Speaker 2: you know, but just wanted to throw that out there.

804
00:40:11,239 --> 00:40:13,279
Speaker 2: We have to tell both sides of the story. So

805
00:40:13,440 --> 00:40:17,000
Speaker 2: as an investment, they haven't really they're not booming. They're

806
00:40:17,040 --> 00:40:18,000
Speaker 2: not booming right now.

807
00:40:17,840 --> 00:40:19,879
Speaker 3: Which is good, which is good, which means that there's

808
00:40:19,960 --> 00:40:21,480
Speaker 3: less people going to prison.

809
00:40:21,600 --> 00:40:23,560
Speaker 2: Well, I don't know if there's less people going to prison.

810
00:40:23,640 --> 00:40:26,399
Speaker 2: But for whatever reason, this stock is just not doing well.

811
00:40:26,480 --> 00:40:28,080
Speaker 2: There could be a variety of different reasons why this

812
00:40:28,160 --> 00:40:31,800
Speaker 2: stock isn't doing well, but the stock has not really performed.

813
00:40:32,800 --> 00:40:34,680
Speaker 2: But what a lot of people don't fully understand is

814
00:40:34,719 --> 00:40:39,400
Speaker 2: that a lot of people are invested in especially cor Civic.

815
00:40:39,520 --> 00:40:42,279
Speaker 2: Up until last year, at the very least, a lot

816
00:40:42,280 --> 00:40:44,960
Speaker 2: of people are invested in Corsific without even knowing it

817
00:40:45,640 --> 00:40:49,920
Speaker 2: because through your four to one K, through your IRA,

818
00:40:50,280 --> 00:40:54,120
Speaker 2: through your pension plan. So Vanguard and Blackrock were the

819
00:40:54,160 --> 00:40:58,400
Speaker 2: two biggest holders I think they still are of private

820
00:40:58,800 --> 00:41:04,240
Speaker 2: prisons stocks. Black Rock Vanguard, two of the biggest mutual

821
00:41:04,280 --> 00:41:08,160
Speaker 2: fund companies. Everybody loves Vanguard because they have you know,

822
00:41:08,239 --> 00:41:10,200
Speaker 2: it's what I'm saying, it's a lot of it's a

823
00:41:10,200 --> 00:41:12,359
Speaker 2: lot of right and wrong in life. Right. People love

824
00:41:12,480 --> 00:41:14,880
Speaker 2: Vanguard because it's like it's a no load fund and

825
00:41:15,520 --> 00:41:17,960
Speaker 2: it's pretty much free to invest, and it's it's cheap,

826
00:41:18,640 --> 00:41:21,680
Speaker 2: and they're the biggest hold of prison stocks. By the way,

827
00:41:23,600 --> 00:41:25,840
Speaker 2: they also have a lot of four one K accounts.

828
00:41:25,880 --> 00:41:28,080
Speaker 2: Black Rock has a lot of four one K accounts, right,

829
00:41:28,160 --> 00:41:32,359
Speaker 2: so cour Civic c XW was in a lot of

830
00:41:32,400 --> 00:41:34,919
Speaker 2: these probably still are, and a lot of these four

831
00:41:35,000 --> 00:41:36,880
Speaker 2: one K make ups because when you invest in a

832
00:41:36,880 --> 00:41:38,640
Speaker 2: four one K, nobody knows what they're invested in. The

833
00:41:38,640 --> 00:41:43,279
Speaker 2: four one K you have probably three Like four one

834
00:41:43,360 --> 00:41:44,560
Speaker 2: K is like a menu and they give you like

835
00:41:44,560 --> 00:41:46,480
Speaker 2: twenty different options of how to invest right in twenty

836
00:41:46,480 --> 00:41:49,640
Speaker 2: different funds. Now, within one fund, it's like one hundred

837
00:41:49,680 --> 00:41:52,239
Speaker 2: different stocks inside of a fund. So if you have

838
00:41:52,320 --> 00:41:54,640
Speaker 2: like three different funds, you have like three hundred different

839
00:41:54,640 --> 00:41:56,800
Speaker 2: stocks inside of your fall one K that you're invested in.

840
00:41:57,040 --> 00:41:58,319
Speaker 3: You can do research on all of them.

841
00:41:58,360 --> 00:42:01,920
Speaker 2: Now, I guarantee you no nobody knows any of those companies.

842
00:42:02,480 --> 00:42:05,279
Speaker 2: Nobody knows any of those companies, right because you never asks.

843
00:42:06,120 --> 00:42:07,960
Speaker 2: It's not like just listed. As soon as when you

844
00:42:08,480 --> 00:42:09,840
Speaker 2: they just tell you the name of the company. So

845
00:42:09,880 --> 00:42:14,760
Speaker 2: it'll be like Vanguard twenty twenty fund or Vanguard High

846
00:42:14,800 --> 00:42:20,879
Speaker 2: interest bond fund or Vanguard small Cap Value fund. Right,

847
00:42:21,560 --> 00:42:24,239
Speaker 2: that's the name of the fund. But inside of the

848
00:42:24,320 --> 00:42:27,720
Speaker 2: small cap value fund, it's about one hundred and forty

849
00:42:27,800 --> 00:42:29,160
Speaker 2: different stocks.

850
00:42:29,760 --> 00:42:31,719
Speaker 3: That's when you get that big pamphlet that comes to

851
00:42:31,760 --> 00:42:34,680
Speaker 3: your house like that. Probably nobody ever goes through and

852
00:42:34,719 --> 00:42:36,400
Speaker 3: there's a bunch of these stocks and you're like, all right,

853
00:42:36,440 --> 00:42:39,359
Speaker 3: well did I make money or not? Pretty much?

854
00:42:39,360 --> 00:42:39,799
Speaker 2: Pretty much?

855
00:42:39,800 --> 00:42:42,719
Speaker 3: You know what I'm saying. Nobody's individually looking into one

856
00:42:42,800 --> 00:42:45,640
Speaker 3: hundred and forty different stocks and then actually researching those

857
00:42:45,640 --> 00:42:49,200
Speaker 3: stocks to see if they align with their values and moralities.

858
00:42:49,400 --> 00:42:50,120
Speaker 3: It is not happening.

859
00:42:50,560 --> 00:42:53,759
Speaker 2: No, it's not. But you can't say that you didn't

860
00:42:53,760 --> 00:42:57,360
Speaker 2: know at least because we told you. So you know,

861
00:42:57,600 --> 00:43:00,960
Speaker 2: if you're interested in it, you can do further research.

862
00:43:01,040 --> 00:43:02,920
Speaker 2: But so, just wanted to talk about the prison thing

863
00:43:02,920 --> 00:43:04,400
Speaker 2: because we did speak about that last week.

864
00:43:04,360 --> 00:43:08,000
Speaker 3: And it's some other things to know about these srs.

865
00:43:08,200 --> 00:43:11,640
Speaker 3: They tend to have a higher fee than regular funds,

866
00:43:11,760 --> 00:43:13,799
Speaker 3: and so I was like, what doesn't make sense. Why, Well,

867
00:43:14,239 --> 00:43:17,280
Speaker 3: the mutual fund has the person who's providing the fund

868
00:43:17,480 --> 00:43:20,080
Speaker 3: actually has to do more research. So there's more work

869
00:43:20,120 --> 00:43:22,160
Speaker 3: that the person has to do. Right, if they're gonna

870
00:43:22,200 --> 00:43:24,799
Speaker 3: do things that match your core values and your moralities,

871
00:43:25,080 --> 00:43:28,200
Speaker 3: it's like they have to find ethnical things that will

872
00:43:28,200 --> 00:43:30,120
Speaker 3: work for you. So there's a little bit more research.

873
00:43:30,239 --> 00:43:31,880
Speaker 3: So the fees tend to be a little bit higher.

874
00:43:32,040 --> 00:43:34,279
Speaker 3: And there's a there's a site that you can go

875
00:43:34,320 --> 00:43:38,080
Speaker 3: if you're into social fund uh social responsibility investing. Social

876
00:43:38,160 --> 00:43:40,080
Speaker 3: funds dot Com is the website so you can go

877
00:43:40,120 --> 00:43:42,239
Speaker 3: research on yourself. So that that's one thing that you

878
00:43:42,239 --> 00:43:45,200
Speaker 3: should do. Obviously, do the research and then know your values.

879
00:43:45,280 --> 00:43:47,120
Speaker 3: A lot of people don't know their own values, so

880
00:43:47,120 --> 00:43:48,560
Speaker 3: like when they're trying to invest, it's like, well, I

881
00:43:48,560 --> 00:43:50,759
Speaker 3: believe there's a know your own values before you're going

882
00:43:50,840 --> 00:43:52,520
Speaker 3: to go into this type of fund, all right, so

883
00:43:52,560 --> 00:43:55,040
Speaker 3: do the research. I just gave you the website. And

884
00:43:55,040 --> 00:43:57,080
Speaker 3: another thing is a lot of times and we've said

885
00:43:57,080 --> 00:44:01,239
Speaker 3: this website again Social funds dot Com, So you can

886
00:44:01,239 --> 00:44:04,160
Speaker 3: go there on your own leisure and do some research there.

887
00:44:04,320 --> 00:44:06,040
Speaker 3: But one of the things that it brought to my

888
00:44:06,080 --> 00:44:09,279
Speaker 3: mind is like we talk about diversifying when we're investing, right,

889
00:44:09,920 --> 00:44:11,840
Speaker 3: but like this type of fund doesn't. It kind of

890
00:44:11,880 --> 00:44:13,359
Speaker 3: doesn't allow you to do that, right because if you're

891
00:44:13,360 --> 00:44:17,040
Speaker 3: aligning everything with your values, isn't everything kind of going

892
00:44:17,080 --> 00:44:17,759
Speaker 3: to be the same if.

893
00:44:17,640 --> 00:44:19,880
Speaker 2: You No, No, you can invest in a variety of different

894
00:44:19,880 --> 00:44:24,279
Speaker 2: companies that don't that still align with your values, like

895
00:44:24,280 --> 00:44:25,880
Speaker 2: you know what I'm saying, could be different industries. Like

896
00:44:25,880 --> 00:44:28,000
Speaker 2: it's just it's just harder, like you said, because it's

897
00:44:28,040 --> 00:44:30,680
Speaker 2: like you've really got to go through every single fine

898
00:44:31,360 --> 00:44:33,440
Speaker 2: come because it's like, all right, you're invested in a

899
00:44:33,480 --> 00:44:39,319
Speaker 2: tech company, but is this tech company providing software for

900
00:44:39,400 --> 00:44:43,000
Speaker 2: weapons of mass destruction? So now it's just so much

901
00:44:43,080 --> 00:44:46,279
Speaker 2: more intensive research that you have to do, which is

902
00:44:46,280 --> 00:44:48,920
Speaker 2: the fund manager's job. But you can still invest in

903
00:44:48,920 --> 00:44:51,359
Speaker 2: a variety like you can invest in tech, you can

904
00:44:51,360 --> 00:44:56,040
Speaker 2: invest in you know, farming, you can invest in financial institution,

905
00:44:56,160 --> 00:44:58,480
Speaker 2: like you can invest in different companies. It's just that

906
00:44:58,600 --> 00:45:02,040
Speaker 2: those different companies have to be in line with what

907
00:45:02,120 --> 00:45:02,880
Speaker 2: you feel comfortable with.

908
00:45:03,000 --> 00:45:06,160
Speaker 3: I would imagine that these funds are managed by very

909
00:45:06,320 --> 00:45:09,000
Speaker 3: very small companies. This feels like a niche thing that

910
00:45:09,080 --> 00:45:10,440
Speaker 3: like very small companies do.

911
00:45:11,000 --> 00:45:13,640
Speaker 2: No, Actually, Vanguard has well right, right, right, you're right,

912
00:45:13,680 --> 00:45:14,640
Speaker 2: you're right, Van Guard.

913
00:45:15,080 --> 00:45:15,799
Speaker 3: That's a big one.

914
00:45:15,840 --> 00:45:20,040
Speaker 2: So yeah, yeah, but so going to what you just

915
00:45:20,080 --> 00:45:23,520
Speaker 2: said as far as the niche, so there's different layers

916
00:45:23,520 --> 00:45:26,399
Speaker 2: of socially responsible fund as well. Like I said, your Legion,

917
00:45:26,480 --> 00:45:28,440
Speaker 2: we just had to provide as much information as we

918
00:45:28,480 --> 00:45:31,080
Speaker 2: possibly can till every because there's so many different types

919
00:45:31,120 --> 00:45:33,400
Speaker 2: of people in this world. So you got the socially

920
00:45:33,440 --> 00:45:36,400
Speaker 2: conscious people that don't want to invest in those things.

921
00:45:36,800 --> 00:45:40,120
Speaker 2: But religion is a huge thing in this world, and

922
00:45:40,200 --> 00:45:44,120
Speaker 2: now you have religious people who can't or do not

923
00:45:44,160 --> 00:45:46,360
Speaker 2: want to invest in certain things because of their religion.

924
00:45:47,160 --> 00:45:50,680
Speaker 2: So now you have funds for that. It's fun for everything.

925
00:45:51,080 --> 00:45:55,959
Speaker 2: So you have Christian funds like Guidestone is a Christian fund,

926
00:45:56,120 --> 00:46:00,480
Speaker 2: and that's dedicated to invest in companies that that have

927
00:46:00,760 --> 00:46:05,160
Speaker 2: core Christian values. Kind of a vague situation, but you

928
00:46:05,200 --> 00:46:07,759
Speaker 2: know that's what that's designed for. You can do some

929
00:46:07,760 --> 00:46:12,320
Speaker 2: research and kind of forget out. Do you have av Maria,

930
00:46:14,000 --> 00:46:17,160
Speaker 2: which is a Catholic fund. There's a few Catholic funds.

931
00:46:17,200 --> 00:46:21,359
Speaker 2: So av Maria is Rising Dividend Fund, that's a that's

932
00:46:21,760 --> 00:46:25,120
Speaker 2: one of their their popular funds, and that's a Catholic fund.

933
00:46:25,600 --> 00:46:28,839
Speaker 2: So you know, Catholics, they're really big on like you know,

934
00:46:28,920 --> 00:46:32,520
Speaker 2: abortion and a couple other things. That's like real sticklers

935
00:46:32,520 --> 00:46:35,920
Speaker 2: for the Catholic Church. So they only invest in companies

936
00:46:36,000 --> 00:46:41,760
Speaker 2: that align with Catholic values. And then so just coming

937
00:46:41,760 --> 00:46:45,799
Speaker 2: off the month of Ramadan, we have a large listenership

938
00:46:45,880 --> 00:46:49,520
Speaker 2: all over the world and that includes America, which is

939
00:46:49,560 --> 00:46:53,760
Speaker 2: their huge Muslim population. There is a huge Muslim population

940
00:46:53,840 --> 00:46:57,120
Speaker 2: in Africa, huge Muslim population in Europe of course the

941
00:46:57,120 --> 00:47:00,440
Speaker 2: Middle East. So we have to say, as some malay

942
00:47:00,480 --> 00:47:03,480
Speaker 2: them to all of the Muslims that that tune in.

943
00:47:03,880 --> 00:47:07,960
Speaker 2: And one thing about Islam is that that's actually you know,

944
00:47:08,120 --> 00:47:13,440
Speaker 2: part of the religion is sharia law. Sharia law, So

945
00:47:13,480 --> 00:47:15,720
Speaker 2: people have a misunderstanding a lot of times what sharia

946
00:47:15,800 --> 00:47:17,880
Speaker 2: law is. I'm not gonna go into a full but

947
00:47:18,160 --> 00:47:21,759
Speaker 2: part of it is investing. Like there's actually guidelines, so

948
00:47:21,800 --> 00:47:25,680
Speaker 2: it's not really up for like vague interpretation, like if

949
00:47:25,719 --> 00:47:29,160
Speaker 2: you really are a hard line in the religion, there's

950
00:47:29,280 --> 00:47:33,400
Speaker 2: financial guidelines of how you can invest. So like interest

951
00:47:33,640 --> 00:47:38,280
Speaker 2: is outlawed in Muslim countries, so shouts our good friends

952
00:47:38,560 --> 00:47:41,000
Speaker 2: in Egypt, and I was over the house yesterday and

953
00:47:41,040 --> 00:47:43,160
Speaker 2: she was telling me that there's no there's no mortgages

954
00:47:43,200 --> 00:47:46,960
Speaker 2: in Egypt. No mortgages in Egypt. You just buy the land.

955
00:47:47,200 --> 00:47:51,439
Speaker 2: So interests, interest is outlaw. You're not allowed to charge

956
00:47:51,480 --> 00:47:55,080
Speaker 2: anybody interest. That's one thing, right. Of course, if you're

957
00:47:55,080 --> 00:47:57,680
Speaker 2: familiar with the religion, you know that. You know alcohol

958
00:47:57,800 --> 00:48:03,680
Speaker 2: is outlawed, variety of different factors. Gambling, there's no gambling.

959
00:48:03,719 --> 00:48:09,840
Speaker 2: Gambling is outlawed. So in Islam you have halal and haram.

960
00:48:10,239 --> 00:48:16,040
Speaker 2: Haram is forbidden, Halao is allowable. That's like deemed okay,

961
00:48:16,400 --> 00:48:16,920
Speaker 2: so now you.

962
00:48:16,960 --> 00:48:19,560
Speaker 3: Have to actually look that up. That was crazy on

963
00:48:19,600 --> 00:48:20,799
Speaker 3: the jail Etronic album.

964
00:48:20,920 --> 00:48:24,560
Speaker 2: Okay, yeah, so now you have you have halal funds.

965
00:48:25,160 --> 00:48:27,359
Speaker 2: One of the most popular funds is called a man

966
00:48:27,400 --> 00:48:30,120
Speaker 2: of fund. So the man of fund is a mutual

967
00:48:30,200 --> 00:48:34,200
Speaker 2: fund based around Sharia law which is halal and allows

968
00:48:34,280 --> 00:48:36,799
Speaker 2: Muslims that if you want to, if you want to

969
00:48:36,880 --> 00:48:41,360
Speaker 2: follow those guidelines, that you can actually invest and the

970
00:48:41,440 --> 00:48:46,480
Speaker 2: amount of fund only invest in alal companies, meaning companies

971
00:48:46,560 --> 00:48:51,160
Speaker 2: that don't partake in gambling, companies that don't partake and

972
00:48:51,760 --> 00:48:56,280
Speaker 2: interest interest bearing accounts, companies that don't partake in alcohol,

973
00:48:56,920 --> 00:49:00,200
Speaker 2: a variety of other things as well, So that that's

974
00:49:00,200 --> 00:49:02,600
Speaker 2: something that is a big play as well, because like

975
00:49:02,600 --> 00:49:04,800
Speaker 2: I said, I mean, no matter what religion you follow,

976
00:49:05,440 --> 00:49:08,520
Speaker 2: if you're Jewish, they have culture funds as well. It's

977
00:49:08,560 --> 00:49:11,160
Speaker 2: the same thing kulshure and halal kind of the same

978
00:49:11,200 --> 00:49:14,280
Speaker 2: thing as far as like the meaning of it, where

979
00:49:14,320 --> 00:49:18,000
Speaker 2: like Jewish people have like if you're a strict hardline

980
00:49:18,080 --> 00:49:22,040
Speaker 2: jew you are only really supposed to indulge in kulshure.

981
00:49:22,160 --> 00:49:24,360
Speaker 2: But kulture is more than just food.

982
00:49:24,239 --> 00:49:27,160
Speaker 3: Right, I think that's that's a crazy misconception that people

983
00:49:27,239 --> 00:49:28,000
Speaker 3: only think it's a food.

984
00:49:28,000 --> 00:49:29,400
Speaker 2: Then the same thing with allow, like you see to

985
00:49:29,400 --> 00:49:31,799
Speaker 2: allow guys or to allow truck. So people when they

986
00:49:32,080 --> 00:49:33,759
Speaker 2: think about hallo, especially like if you live in New

987
00:49:33,800 --> 00:49:36,880
Speaker 2: York City or like, like you're pretty popular, it's pretty popular,

988
00:49:37,400 --> 00:49:40,160
Speaker 2: allow food. And that is a certain way where the

989
00:49:40,200 --> 00:49:43,279
Speaker 2: food the animals like are you know, slaughtered and you

990
00:49:43,320 --> 00:49:45,680
Speaker 2: say a prayer and certain things. The same thing with kosher,

991
00:49:45,760 --> 00:49:48,680
Speaker 2: but that's only part of it. So like with the culture.

992
00:49:48,840 --> 00:49:50,640
Speaker 2: That's the only part of it, like you know, as

993
00:49:50,640 --> 00:49:54,560
Speaker 2: far as like then's the same kind of idea. And

994
00:49:54,600 --> 00:49:56,440
Speaker 2: like I said, that's that's true with a variety of

995
00:49:56,520 --> 00:49:59,759
Speaker 2: different religions where it's like, you know, depending on what

996
00:50:00,000 --> 00:50:05,600
Speaker 2: religion you subscribe to, that might you know, have a

997
00:50:05,640 --> 00:50:09,440
Speaker 2: play in how you choose to invest. So those are

998
00:50:09,480 --> 00:50:10,839
Speaker 2: all things to think about as well.

999
00:50:10,920 --> 00:50:13,040
Speaker 3: I know they're listening like Yo, damn shitty, sound like

1000
00:50:13,080 --> 00:50:15,759
Speaker 3: a history professor. This dude literally studies religion like no

1001
00:50:15,920 --> 00:50:18,600
Speaker 3: Joe and anybody that knows has ever had a conversation

1002
00:50:18,680 --> 00:50:21,440
Speaker 3: with him, they know, like he loves talking about religion.

1003
00:50:21,920 --> 00:50:25,080
Speaker 3: Shout de val who always brings it up. She always

1004
00:50:25,120 --> 00:50:27,279
Speaker 3: talks about how you've taught us so much about the world.

1005
00:50:27,320 --> 00:50:28,920
Speaker 3: But yeah, I know, this is one of your sweet points.

1006
00:50:28,920 --> 00:50:30,960
Speaker 2: So history has been my favorite subject since I was

1007
00:50:31,000 --> 00:50:31,560
Speaker 2: a little kid.

1008
00:50:31,680 --> 00:50:32,080
Speaker 3: Definitely.

1009
00:50:32,120 --> 00:50:34,160
Speaker 2: I took a history of religion class when I was

1010
00:50:34,200 --> 00:50:36,640
Speaker 2: in college and I never study, never got one broken,

1011
00:50:36,640 --> 00:50:38,880
Speaker 2: got an A plus because I just already knew so

1012
00:50:39,000 --> 00:50:42,600
Speaker 2: much about religion, all religions. I'm just fascinated by you know,

1013
00:50:42,680 --> 00:50:47,160
Speaker 2: I think it's interesting to learn about Christianity, Islam, Judaism,

1014
00:50:48,080 --> 00:50:52,640
Speaker 2: Buddhism seek. I have friends that are all different religions,

1015
00:50:52,680 --> 00:50:55,360
Speaker 2: and you know, for me personally, I don't think that

1016
00:50:55,400 --> 00:51:00,839
Speaker 2: there's any one religion that is reigned supreme, whatever you know,

1017
00:51:01,040 --> 00:51:03,880
Speaker 2: you feel comfortable with. I'm not here to judge, but

1018
00:51:04,200 --> 00:51:07,239
Speaker 2: I just you know, I always found religion interesting because

1019
00:51:07,280 --> 00:51:10,120
Speaker 2: I realized how how touchy it is, and it's like

1020
00:51:10,200 --> 00:51:12,480
Speaker 2: people die over their religion. People will kill you over

1021
00:51:12,480 --> 00:51:14,319
Speaker 2: their religion, and it's like you can't play around. That's

1022
00:51:14,320 --> 00:51:15,879
Speaker 2: why we don't really talk about religion too much.

1023
00:51:16,040 --> 00:51:17,840
Speaker 3: Some people don't want to be separated from.

1024
00:51:17,600 --> 00:51:21,400
Speaker 2: You can't play around with religion. So it's like it's interesting,

1025
00:51:21,560 --> 00:51:24,319
Speaker 2: It's interesting to me, and it's fascinating. So I try

1026
00:51:24,360 --> 00:51:26,719
Speaker 2: to learn as much about religion as I possibly can

1027
00:51:26,760 --> 00:51:28,160
Speaker 2: because I feel like a lot of times, most of

1028
00:51:28,160 --> 00:51:30,560
Speaker 2: the time, we just we follow whatever religion we're born into.

1029
00:51:31,160 --> 00:51:34,080
Speaker 2: And that's not really a belief system. That's more superstition.

1030
00:51:34,440 --> 00:51:36,200
Speaker 2: When you when you believe in something that you don't

1031
00:51:36,200 --> 00:51:37,719
Speaker 2: fully understand, is superstition.

1032
00:51:37,840 --> 00:51:39,400
Speaker 3: You've been You've been bred to believe that.

1033
00:51:39,440 --> 00:51:43,000
Speaker 2: Stevie Wonder said that, So now when you have a

1034
00:51:43,040 --> 00:51:45,799
Speaker 2: full understanding of things, not only does it open your

1035
00:51:45,800 --> 00:51:48,840
Speaker 2: perspective and make you more open to the world. But

1036
00:51:48,920 --> 00:51:50,840
Speaker 2: at least even if the thing that you do fully

1037
00:51:50,840 --> 00:51:54,000
Speaker 2: believe in, you can actually believe in it as opposed

1038
00:51:54,080 --> 00:51:57,560
Speaker 2: to just doing it because everybody in your family does

1039
00:51:57,600 --> 00:51:59,080
Speaker 2: it and you feel like you're going to be cursed

1040
00:51:59,400 --> 00:52:00,000
Speaker 2: if you don't do it.

1041
00:52:00,120 --> 00:52:03,080
Speaker 3: You've been you've stunned the research on your own, You've

1042
00:52:03,080 --> 00:52:05,960
Speaker 3: allowed yourself to critically think, You've allowed yourself to analyze,

1043
00:52:06,360 --> 00:52:09,160
Speaker 3: and like, that's the goal in life, right, allowed yourself

1044
00:52:09,200 --> 00:52:12,759
Speaker 3: and allow others to freely think and freely choose. You

1045
00:52:12,840 --> 00:52:15,120
Speaker 3: know what I'm saying, Like I think that is as

1046
00:52:15,160 --> 00:52:17,279
Speaker 3: an educator, like that's the number one thing I'm looking for.

1047
00:52:17,719 --> 00:52:20,400
Speaker 3: Can I allow these students to critically think for themselves?

1048
00:52:20,440 --> 00:52:22,600
Speaker 3: And we should have that same mindset when it comes

1049
00:52:22,640 --> 00:52:23,720
Speaker 3: to our family and our children.

1050
00:52:24,040 --> 00:52:26,600
Speaker 2: That's a fact. So the last thing with the stocks,

1051
00:52:26,920 --> 00:52:30,280
Speaker 2: this is pretty disturbing and it's all a financial place.

1052
00:52:30,320 --> 00:52:33,880
Speaker 2: So now people might want to invest in black owned companies.

1053
00:52:33,840 --> 00:52:36,319
Speaker 2: It's like black who are then invest in black But

1054
00:52:37,040 --> 00:52:40,640
Speaker 2: from an investing standpoint, it's like what if I want

1055
00:52:40,640 --> 00:52:43,040
Speaker 2: to invest money in the stock market, but I want

1056
00:52:43,040 --> 00:52:44,520
Speaker 2: to invest in black owned companies.

1057
00:52:44,520 --> 00:52:45,800
Speaker 3: A lot of people want to do that, right, but

1058
00:52:46,200 --> 00:52:47,040
Speaker 3: we we buy black.

1059
00:52:47,120 --> 00:52:48,719
Speaker 2: Shout out to them, Yeah, shout out to we buy black.

1060
00:52:48,920 --> 00:52:50,160
Speaker 2: Those my people, good good people.

1061
00:52:50,239 --> 00:52:50,399
Speaker 3: Yeah.

1062
00:52:51,280 --> 00:52:55,520
Speaker 2: So all right, it's like a black owned fund. I

1063
00:52:55,560 --> 00:52:58,440
Speaker 2: couldn't find any. I could like a black ETF or

1064
00:52:58,440 --> 00:53:00,680
Speaker 2: a black mutual fund that only had black companies.

1065
00:53:00,719 --> 00:53:03,640
Speaker 3: Couldn't find anything. Yeah, and maybe there are awesome. I

1066
00:53:03,680 --> 00:53:05,520
Speaker 3: couldn't find any either, but maybe there are some.

1067
00:53:05,600 --> 00:53:08,040
Speaker 2: Well. I think the reason why there are none that

1068
00:53:08,080 --> 00:53:11,160
Speaker 2: I could find is that out of four thousand stocks

1069
00:53:11,200 --> 00:53:16,280
Speaker 2: on the New York Stock Exchange, twelve are black companies. Twelve.

1070
00:53:16,719 --> 00:53:19,799
Speaker 2: That is so disturbing that that's a whole different conversation.

1071
00:53:20,040 --> 00:53:22,960
Speaker 2: You're talking about economic and that's what people don't fully understand.

1072
00:53:22,960 --> 00:53:26,200
Speaker 2: It's like black people are so far behind. It's just

1073
00:53:26,920 --> 00:53:29,719
Speaker 2: it's almost it's amazing. It's like it's like running a

1074
00:53:29,719 --> 00:53:34,600
Speaker 2: marathon and you like twenty three miles in and you

1075
00:53:34,800 --> 00:53:37,120
Speaker 2: just started the race, and somebody else is twenty three

1076
00:53:37,120 --> 00:53:37,440
Speaker 2: miles in.

1077
00:53:37,520 --> 00:53:40,600
Speaker 3: So it's like we're on a treadmill. There's a marathon

1078
00:53:40,719 --> 00:53:41,680
Speaker 3: going on, were on a treadmill.

1079
00:53:41,760 --> 00:53:44,560
Speaker 2: That's not even one percent, that's less than one percent

1080
00:53:44,719 --> 00:53:49,640
Speaker 2: of twelve twelve out of four thousand companies are publicly traded.

1081
00:53:50,160 --> 00:53:53,640
Speaker 2: So you were talking about economic empowerment, and it's like

1082
00:53:53,680 --> 00:53:55,440
Speaker 2: a lot of times it's on a broader on a

1083
00:53:55,440 --> 00:53:57,600
Speaker 2: small scale when you start looking at it from a

1084
00:53:57,680 --> 00:54:00,840
Speaker 2: large scale as far as like companies and billions of

1085
00:54:00,840 --> 00:54:03,640
Speaker 2: dollars and things of that nature, and like publicly traded companies,

1086
00:54:04,200 --> 00:54:09,200
Speaker 2: there's twelve out of four thousand, like diversity.

1087
00:54:09,520 --> 00:54:12,960
Speaker 3: I mean, it's crazy. And during the research, I actually,

1088
00:54:13,120 --> 00:54:14,480
Speaker 3: you know, I was proud to find out that I'm

1089
00:54:14,480 --> 00:54:17,319
Speaker 3: actually invested in one, well not invested, but I do

1090
00:54:17,400 --> 00:54:19,520
Speaker 3: business with one at least, And I was I'm looking

1091
00:54:19,520 --> 00:54:21,120
Speaker 3: at the other ones. I'm like, I don't even know these.

1092
00:54:21,239 --> 00:54:23,040
Speaker 3: I don't even know these, So you want to run

1093
00:54:23,080 --> 00:54:23,479
Speaker 3: down field?

1094
00:54:23,520 --> 00:54:26,440
Speaker 2: Yeah, I got four that I people might know. Citizens

1095
00:54:27,040 --> 00:54:31,319
Speaker 2: with their symbol is c z b S.

1096
00:54:31,640 --> 00:54:34,759
Speaker 3: That's what I actually have my mortgage through. So not

1097
00:54:34,920 --> 00:54:37,279
Speaker 3: that I'm invested in it, but we do business together. Yeah.

1098
00:54:37,520 --> 00:54:38,680
Speaker 2: Citizens is a black owned bank.

1099
00:54:38,800 --> 00:54:39,360
Speaker 3: Yeah.

1100
00:54:39,400 --> 00:54:44,399
Speaker 2: For one, like the number four one, and that is

1101
00:54:45,000 --> 00:54:48,680
Speaker 2: formally used to be Urban one, which is a radio. No,

1102
00:54:49,120 --> 00:54:51,319
Speaker 2: it's Urban one. For to one is Urban one, and

1103
00:54:51,360 --> 00:54:54,320
Speaker 2: it used to be Radio one. Okay, it's a radio syndicate.

1104
00:54:54,640 --> 00:55:00,600
Speaker 2: No no, RLJ, which is a larging lodging company owned

1105
00:55:00,640 --> 00:55:04,680
Speaker 2: by Robert Johnson, former owner of BT, former owner of

1106
00:55:04,760 --> 00:55:05,440
Speaker 2: the Bobcats.

1107
00:55:05,520 --> 00:55:10,040
Speaker 3: Yep. First billionaires, black billionaire.

1108
00:55:10,000 --> 00:55:16,200
Speaker 2: Yeah, I think so. And then Carver Bank another black owned.

1109
00:55:16,360 --> 00:55:18,960
Speaker 2: There's a few black owned banks. Yeah, Carver Bank, which

1110
00:55:19,000 --> 00:55:21,480
Speaker 2: is encouraging that they have.

1111
00:55:21,520 --> 00:55:24,000
Speaker 3: We have black owned banks that are being publicly traded.

1112
00:55:24,040 --> 00:55:26,680
Speaker 2: That's important. You want to list a few others.

1113
00:55:26,440 --> 00:55:29,000
Speaker 3: Well, we have the same one so but.

1114
00:55:29,040 --> 00:55:32,280
Speaker 2: So yeah, so but so. Not only is this discouraging

1115
00:55:32,280 --> 00:55:35,560
Speaker 2: as there's only twelve, even more so discouraging than that.

1116
00:55:35,640 --> 00:55:37,120
Speaker 2: It's like you look at these charts, look at all

1117
00:55:37,160 --> 00:55:39,680
Speaker 2: of their charts. None of them have good charts, none

1118
00:55:39,719 --> 00:55:44,080
Speaker 2: of them. None of them. You look at Ian's technical analysis,

1119
00:55:44,080 --> 00:55:45,719
Speaker 2: would be buys. As far as if you want to

1120
00:55:45,719 --> 00:55:49,359
Speaker 2: make money, they've all they haven't. They don't. They're not

1121
00:55:49,400 --> 00:55:51,200
Speaker 2: doing well. As far as on the stock. The stock

1122
00:55:51,280 --> 00:55:53,840
Speaker 2: has not done well for five years, looking at the

1123
00:55:53,840 --> 00:55:55,280
Speaker 2: five year chart, and it's not good.

1124
00:55:55,840 --> 00:55:57,880
Speaker 3: And it's going to be tough to find there a

1125
00:55:57,960 --> 00:56:00,160
Speaker 3: lot of these companies have a ten year charge or

1126
00:56:00,239 --> 00:56:02,359
Speaker 3: twentieth even sometimes it goes back to the history thirty

1127
00:56:02,440 --> 00:56:05,880
Speaker 3: year chart. A lot of these companies that doesn't exist.

1128
00:56:06,640 --> 00:56:07,439
Speaker 3: It just doesn't exist.

1129
00:56:07,520 --> 00:56:08,759
Speaker 2: Yeah, I don't even know what to say about that.

1130
00:56:08,760 --> 00:56:11,680
Speaker 2: That's just that's something just to like as far as

1131
00:56:11,760 --> 00:56:12,960
Speaker 2: working forward to something.

1132
00:56:13,280 --> 00:56:14,600
Speaker 3: But that's I mean, a lot of that has to

1133
00:56:14,640 --> 00:56:16,600
Speaker 3: do with a lot of systematic things that were put

1134
00:56:16,600 --> 00:56:18,560
Speaker 3: in place so that it couldn't exist. We won't want

1135
00:56:18,600 --> 00:56:21,360
Speaker 3: to ignore that fact, right, So having our own private

1136
00:56:21,360 --> 00:56:24,600
Speaker 3: own company, or even having a black owned bank systematically

1137
00:56:24,680 --> 00:56:27,359
Speaker 3: in America for years, that wasn't even a possibility. So

1138
00:56:27,560 --> 00:56:29,480
Speaker 3: there are reasons why we don't have a long history

1139
00:56:29,480 --> 00:56:31,799
Speaker 3: of it. So let's not ignore that fact. But like

1140
00:56:31,840 --> 00:56:33,200
Speaker 3: I said, when we go back to the history of

1141
00:56:33,239 --> 00:56:34,799
Speaker 3: some of these companies that we look at, we do

1142
00:56:34,840 --> 00:56:36,239
Speaker 3: look at the ten year chart, we do look at

1143
00:56:36,239 --> 00:56:38,480
Speaker 3: twenty year or the history of the company's chart, and

1144
00:56:38,560 --> 00:56:40,840
Speaker 3: that's just not available right now for these companies.

1145
00:56:41,360 --> 00:56:44,480
Speaker 2: Yeah, so you know that's some information if you're interested

1146
00:56:45,040 --> 00:56:50,359
Speaker 2: in socially responsive funds, religious funds, black owned companies, you know,

1147
00:56:50,560 --> 00:56:53,040
Speaker 2: just a different different take on investing because we talk

1148
00:56:53,040 --> 00:56:54,759
Speaker 2: about investing a lot. So we just want to just

1149
00:56:54,800 --> 00:56:57,880
Speaker 2: give people a different a different take on it, and

1150
00:56:57,920 --> 00:56:59,720
Speaker 2: you can kind of do whatever you want with the information,

1151
00:56:59,800 --> 00:57:02,600
Speaker 2: but it you know, hopefully that that that shines some

1152
00:57:02,760 --> 00:57:05,759
Speaker 2: light good and bad, good and bad, because everything's not

1153
00:57:05,800 --> 00:57:08,279
Speaker 2: gonna be a good story. Yeah. Sometimes, you know, it's

1154
00:57:08,320 --> 00:57:10,160
Speaker 2: just the news is just that we have to just

1155
00:57:10,200 --> 00:57:13,759
Speaker 2: report what it is. And it's not always it's not

1156
00:57:13,760 --> 00:57:17,280
Speaker 2: always encouraging, but sometimes you need stuff that's not encouraging

1157
00:57:17,760 --> 00:57:21,520
Speaker 2: to encourage you. So hopefully some of the information, especially

1158
00:57:21,520 --> 00:57:25,720
Speaker 2: with the black owned publicly traded company, hopefully somebody listening

1159
00:57:25,760 --> 00:57:28,240
Speaker 2: to this and make it a goal and have it

1160
00:57:28,320 --> 00:57:32,280
Speaker 2: and have their company be the stock that everybody wants

1161
00:57:32,280 --> 00:57:34,800
Speaker 2: to invest in, not just a token company that's on

1162
00:57:34,880 --> 00:57:37,720
Speaker 2: the stock echange that nobody's invested in that is just

1163
00:57:37,760 --> 00:57:40,480
Speaker 2: going nowhere. We not only my goal is to have

1164
00:57:40,520 --> 00:57:43,120
Speaker 2: a publicly traded company. My goal is to be bigger

1165
00:57:43,120 --> 00:57:45,520
Speaker 2: than Amazon, bigger than Apple, bigger than Google.

1166
00:57:45,800 --> 00:57:48,120
Speaker 3: We need that type aspiration in our community. We need it.

1167
00:57:48,160 --> 00:57:49,360
Speaker 2: Why not somebody gotta do it.

1168
00:57:49,520 --> 00:57:51,960
Speaker 3: Yeah, we make these We make a lot of those

1169
00:57:51,960 --> 00:57:54,160
Speaker 3: companies what they are, so we can make our own.

1170
00:57:54,320 --> 00:57:56,960
Speaker 2: That's a fact, all right. So in the next time,

1171
00:57:57,000 --> 00:58:01,120
Speaker 2: we're going to bring it home with some marketing, all right,

1172
00:58:01,160 --> 00:58:04,560
Speaker 2: So we're gonna wrap it up with some conversation about

1173
00:58:04,600 --> 00:58:11,360
Speaker 2: marketing around social injustice, social issue things of that nature.

1174
00:58:11,480 --> 00:58:13,840
Speaker 3: So you want to take the lead on that, yeah, man,

1175
00:58:13,880 --> 00:58:16,320
Speaker 3: I mean we've we've seen companies in the past, especially Nike,

1176
00:58:16,640 --> 00:58:18,680
Speaker 3: when they stood by Colin Kaepernick and had his whole

1177
00:58:18,680 --> 00:58:21,520
Speaker 3: campaign during the social injustice and him taking the knee,

1178
00:58:21,560 --> 00:58:25,600
Speaker 3: and we saw the backlash from that from pretty much

1179
00:58:26,200 --> 00:58:28,880
Speaker 3: half of the country didn't agree with it. And then

1180
00:58:29,120 --> 00:58:32,040
Speaker 3: this day and age with the George Floyd case, Uh,

1181
00:58:32,120 --> 00:58:33,960
Speaker 3: we've seen that these companies are taking the stance again.

1182
00:58:34,040 --> 00:58:37,720
Speaker 3: Not only is Nike doing the for the first time

1183
00:58:37,840 --> 00:58:40,520
Speaker 3: Don't Do It campaign, which talks about don't turn a

1184
00:58:40,560 --> 00:58:43,680
Speaker 3: blind eye into to racism, don't turn a blind eye

1185
00:58:43,720 --> 00:58:47,440
Speaker 3: to police brutality. And it's something that I've been expressing

1186
00:58:47,680 --> 00:58:49,960
Speaker 3: all week, really like, if you don't stand by me,

1187
00:58:50,040 --> 00:58:51,960
Speaker 3: if you care about me, if you care about Shaddy,

1188
00:58:52,280 --> 00:58:54,800
Speaker 3: and you don't feel angered and outraged by what's happening,

1189
00:58:54,920 --> 00:58:57,080
Speaker 3: then do you really love us? You know what I'm saying.

1190
00:58:57,120 --> 00:58:59,160
Speaker 3: So not to say that Nike does, but the fact

1191
00:58:59,160 --> 00:59:01,160
Speaker 3: that they've even spoken, but I know Lebron James has

1192
00:59:01,200 --> 00:59:04,200
Speaker 3: done a tremendous job about speaking up about these issues

1193
00:59:04,240 --> 00:59:06,120
Speaker 3: and continues to and there's a lot of other athletes

1194
00:59:06,160 --> 00:59:08,280
Speaker 3: that do as well. But now we see that Adida

1195
00:59:08,680 --> 00:59:10,960
Speaker 3: has decided they want to jump in the campaign and

1196
00:59:11,000 --> 00:59:14,480
Speaker 3: showed unity by I think they tweeted what Nike had

1197
00:59:14,480 --> 00:59:16,160
Speaker 3: put up, which was which was dope. I thought it

1198
00:59:16,200 --> 00:59:18,320
Speaker 3: was dope to see those two companies come together. But

1199
00:59:18,360 --> 00:59:21,520
Speaker 3: then Rebok, which I thought was probably one of the

1200
00:59:21,560 --> 00:59:25,480
Speaker 3: better messages that I've seen, and their campaign was without

1201
00:59:25,480 --> 00:59:28,280
Speaker 3: the black community. Rebok wind exists without the black community.

1202
00:59:28,320 --> 00:59:30,680
Speaker 3: The world when America wind exists, And.

1203
00:59:30,600 --> 00:59:32,080
Speaker 2: I was like, the world wouldn't exist.

1204
00:59:32,160 --> 00:59:34,240
Speaker 3: The world the world went exist, but they put America

1205
00:59:34,280 --> 00:59:36,200
Speaker 3: when exists. But we know that the world wouldn't exist.

1206
00:59:36,240 --> 00:59:38,560
Speaker 3: So the country that we live in obviously was built

1207
00:59:38,600 --> 00:59:41,320
Speaker 3: on the back of our ancestors. So to hear, you know,

1208
00:59:41,360 --> 00:59:43,040
Speaker 3: these companies say that, and more of the companies need

1209
00:59:43,040 --> 00:59:43,440
Speaker 3: to say that.

1210
00:59:43,600 --> 00:59:43,720
Speaker 2: Right.

1211
00:59:43,840 --> 00:59:46,280
Speaker 3: It's not just because like, oh wait, they were looting targets. Now,

1212
00:59:46,320 --> 00:59:49,000
Speaker 3: Target should make a statement, now this is happening in Minnesota,

1213
00:59:49,120 --> 00:59:52,160
Speaker 3: the headquarters of your company. You should have a statement, right,

1214
00:59:52,200 --> 00:59:54,040
Speaker 3: you should be saying something. You should be standing with

1215
00:59:54,080 --> 00:59:56,480
Speaker 3: these people because of an injustice to me, should be an

1216
00:59:56,480 --> 00:59:57,000
Speaker 3: injustice to.

1217
00:59:57,000 --> 01:00:00,240
Speaker 2: You, right, injustice to some as an injustice to all.

1218
01:00:00,720 --> 01:00:05,000
Speaker 2: And I feel like if you have a responsibility to

1219
01:00:05,040 --> 01:00:07,480
Speaker 2: say something, is it thin line? Because it's like some

1220
01:00:07,480 --> 01:00:10,720
Speaker 2: people say, like, all right, you don't want to exploit

1221
01:00:10,720 --> 01:00:14,120
Speaker 2: a situation, right, but also you have to address it.

1222
01:00:14,240 --> 01:00:15,240
Speaker 2: You have to address it.

1223
01:00:15,840 --> 01:00:18,200
Speaker 3: Yeah, Silence almost Like I keep seeing this, and we've

1224
01:00:18,200 --> 01:00:20,760
Speaker 3: been saying that for a long time. Silence in most

1225
01:00:20,760 --> 01:00:24,000
Speaker 3: cases equals complicency, right, So if you're not saying anything,

1226
01:00:24,000 --> 01:00:27,040
Speaker 3: then it means you're complicent, right that you must not

1227
01:00:27,160 --> 01:00:29,600
Speaker 3: feel a way or you agree with what is happening.

1228
01:00:29,720 --> 01:00:33,000
Speaker 3: So anybody in this, especially in this past week or

1229
01:00:33,000 --> 01:00:36,200
Speaker 3: so and for years, because like I said, this has

1230
01:00:36,200 --> 01:00:38,520
Speaker 3: been going on like we were born into this, you

1231
01:00:38,520 --> 01:00:40,200
Speaker 3: know what I'm saying, Like we've been born into this.

1232
01:00:40,200 --> 01:00:42,880
Speaker 3: We don't seem police brutality from nineteen ninety one with

1233
01:00:42,960 --> 01:00:45,760
Speaker 3: Rodney King up until this week, and it's like this

1234
01:00:45,800 --> 01:00:48,840
Speaker 3: isn't new to us. So for people to continuously ignore it,

1235
01:00:49,280 --> 01:00:52,400
Speaker 3: con sideriously have no stance on it, or continuously try

1236
01:00:52,440 --> 01:00:55,040
Speaker 3: to victimize the victims. That happens a lot, like we

1237
01:00:55,160 --> 01:00:59,120
Speaker 3: victimize the victims of these strgedies. It's crazy to me.

1238
01:00:59,640 --> 01:01:01,600
Speaker 3: So it's it's good to see that some companies stepping up.

1239
01:01:01,640 --> 01:01:02,000
Speaker 3: I think more.

1240
01:01:02,480 --> 01:01:05,240
Speaker 2: I think every company needs to step up and say something.

1241
01:01:05,640 --> 01:01:07,880
Speaker 2: And the companies that don't step up and say something,

1242
01:01:09,120 --> 01:01:14,360
Speaker 2: take note the entertainers and athletes and things. And I

1243
01:01:14,360 --> 01:01:15,720
Speaker 2: wanted to talk about this too because it's like a

1244
01:01:15,720 --> 01:01:18,360
Speaker 2: lot of times people don't understand. It's like I put

1245
01:01:18,800 --> 01:01:21,640
Speaker 2: this on Instagram. It's like having money does not equate

1246
01:01:21,680 --> 01:01:24,640
Speaker 2: to having freedom. And we learned that big different. We

1247
01:01:25,400 --> 01:01:27,160
Speaker 2: made a lot of relationship with NFL players, and we

1248
01:01:27,200 --> 01:01:29,680
Speaker 2: was hanging out with NFL player last summer and he

1249
01:01:29,800 --> 01:01:32,080
Speaker 2: was telling us around the time with Callan Kaepernick, like

1250
01:01:32,120 --> 01:01:36,240
Speaker 2: most NFL players are not wealthy. They're like, you know,

1251
01:01:36,400 --> 01:01:39,600
Speaker 2: one hundred five hundred thousand, maybe seven hundred thousand, but

1252
01:01:39,640 --> 01:01:41,520
Speaker 2: in the grand scheme of things, that's not that that's

1253
01:01:41,560 --> 01:01:45,400
Speaker 2: not real money, and it's like they can't afford to

1254
01:01:45,480 --> 01:01:48,280
Speaker 2: lose their job. So he was like his owner, the

1255
01:01:48,280 --> 01:01:51,400
Speaker 2: owner of that team that he was playing on, came

1256
01:01:51,440 --> 01:01:55,480
Speaker 2: out and said she didn't want anybody taking a knee

1257
01:01:55,880 --> 01:01:56,720
Speaker 2: they don't agree with that?

1258
01:01:56,880 --> 01:01:59,280
Speaker 3: Better not Yeah, pretty much like straight up.

1259
01:01:59,400 --> 01:02:01,919
Speaker 2: In fact, Jarry Jones said that I shouldn't do it. Yeah,

1260
01:02:01,960 --> 01:02:02,560
Speaker 2: he did say that.

1261
01:02:02,720 --> 01:02:06,520
Speaker 3: And what Dak Prescott and Zeke Elliott do They stood

1262
01:02:06,560 --> 01:02:08,400
Speaker 3: up felling the felling a line yep.

1263
01:02:08,640 --> 01:02:11,960
Speaker 2: And so one of his teammates actually decided to take

1264
01:02:12,000 --> 01:02:15,120
Speaker 2: a knee, and not only was he released from the

1265
01:02:15,160 --> 01:02:21,320
Speaker 2: team the next day, his father, who was a bus.

1266
01:02:21,120 --> 01:02:23,600
Speaker 3: Driver or some kind of totally different states.

1267
01:02:23,360 --> 01:02:28,120
Speaker 2: Civic job in a different state, was fired. So this

1268
01:02:28,160 --> 01:02:29,840
Speaker 2: is the kind of pressure that a lot of these

1269
01:02:30,040 --> 01:02:33,560
Speaker 2: entertainers and athletes. So it's like, when you're looking at it, entertainer,

1270
01:02:33,640 --> 01:02:37,600
Speaker 2: First of all, I have an issue with entertainers and

1271
01:02:37,680 --> 01:02:41,680
Speaker 2: athletes being looked at as leaders. And anybody knows me, no,

1272
01:02:41,800 --> 01:02:43,920
Speaker 2: I love entertainers and athletes, but it's like, if you

1273
01:02:44,600 --> 01:02:48,040
Speaker 2: devote your life to entertaining us, or if you devote

1274
01:02:48,040 --> 01:02:51,040
Speaker 2: your life to being an athlete. I wasn't really mad

1275
01:02:51,040 --> 01:02:53,840
Speaker 2: what Michael Jordan said about like, my main focus in

1276
01:02:53,840 --> 01:02:57,480
Speaker 2: my life was being a basketball player. That's not really

1277
01:02:57,520 --> 01:02:59,640
Speaker 2: an issue for me. The issue is that we expect

1278
01:02:59,680 --> 01:03:03,920
Speaker 2: him to be a political leader. There are political leaders,

1279
01:03:03,960 --> 01:03:07,760
Speaker 2: there are doctors, there are scientists, there are financial people.

1280
01:03:07,880 --> 01:03:10,600
Speaker 2: So it's like, I'm not saying that we shouldn't celebrate

1281
01:03:10,920 --> 01:03:14,960
Speaker 2: our athletes and entertainers. The problem comes in when they

1282
01:03:15,000 --> 01:03:20,640
Speaker 2: are celebrated one thousand times more than our engineers, our doctors,

1283
01:03:20,800 --> 01:03:24,240
Speaker 2: our lawyers, our financial leaders are politicians, because now you

1284
01:03:24,400 --> 01:03:27,640
Speaker 2: marginalize those people who really do have something.

1285
01:03:27,400 --> 01:03:29,120
Speaker 3: To exactly, and that was what and that's what Mike

1286
01:03:29,200 --> 01:03:31,520
Speaker 3: said too, to his credit, not that I agree or

1287
01:03:31,520 --> 01:03:33,560
Speaker 3: disagree with it, but he was like, I didn't speak

1288
01:03:33,560 --> 01:03:35,400
Speaker 3: on it because I don't have enough knowledge. That's not

1289
01:03:35,480 --> 01:03:37,600
Speaker 3: what I don't I play ball. I'm saying.

1290
01:03:38,280 --> 01:03:40,880
Speaker 2: I'm not saying to make myself look crazy. I'm not

1291
01:03:41,120 --> 01:03:46,560
Speaker 2: a politician. I'm not a doctor, a scientist. I'm a

1292
01:03:46,720 --> 01:03:47,600
Speaker 2: basketball player.

1293
01:03:47,600 --> 01:03:51,200
Speaker 3: We're not asking, yo, Aaron Judge, what do you think, Like, No,

1294
01:03:51,400 --> 01:03:54,080
Speaker 3: that's not what you're here to play baseball? Play baseball. Yeah,

1295
01:03:54,080 --> 01:03:55,840
Speaker 3: you can have an opinion if you like to speak up, great,

1296
01:03:56,000 --> 01:03:57,400
Speaker 3: I'm not counting on you to speak up.

1297
01:03:57,440 --> 01:04:00,640
Speaker 2: And that only happens in our community. Malcolm said that

1298
01:04:00,880 --> 01:04:04,560
Speaker 2: over fifty years ago, only in the black community when

1299
01:04:05,200 --> 01:04:10,240
Speaker 2: issues come up, do athletes and entertainers take the front line.

1300
01:04:10,480 --> 01:04:12,480
Speaker 2: And it's not wrong that because some of our greatest

1301
01:04:12,560 --> 01:04:17,000
Speaker 2: athletes going Lebron James kudos to him, Muhammad Ali kudos,

1302
01:04:17,440 --> 01:04:19,520
Speaker 2: Sammy Davis Jr. Had a lot to say.

1303
01:04:21,160 --> 01:04:23,400
Speaker 3: Jackie Robbins, Jackie Robbins.

1304
01:04:23,640 --> 01:04:26,120
Speaker 2: It's a bunch of people that have taken political stances,

1305
01:04:26,120 --> 01:04:31,360
Speaker 2: whether it's through a variety of different actions, and we

1306
01:04:31,440 --> 01:04:36,000
Speaker 2: salute that. I'm not trying to downplay entertainers or athletes.

1307
01:04:36,040 --> 01:04:40,920
Speaker 2: What I'm saying is that stop putting so much emphasis,

1308
01:04:41,360 --> 01:04:47,760
Speaker 2: stop over celebrating these people, and over having over expectations

1309
01:04:47,800 --> 01:04:52,720
Speaker 2: for these Like you're expecting people who are not qualified

1310
01:04:52,880 --> 01:04:56,240
Speaker 2: nine times out of ten to speak on your behalf

1311
01:04:56,360 --> 01:05:00,800
Speaker 2: just because they're famous. Right. So it's like if we

1312
01:05:00,920 --> 01:05:05,840
Speaker 2: had political figures, if we had business figures, if we

1313
01:05:06,040 --> 01:05:11,320
Speaker 2: celebrated other people who are more qualified, who dedicated their

1314
01:05:11,400 --> 01:05:15,080
Speaker 2: life to learning about issues that can speak intelligently, if

1315
01:05:15,120 --> 01:05:18,800
Speaker 2: we celebrated them and elevated them, and we do sometimes,

1316
01:05:18,840 --> 01:05:20,400
Speaker 2: like I said, ear your Leader is a perfect example

1317
01:05:20,480 --> 01:05:22,760
Speaker 2: that you know, we definitely appreciate all of the support

1318
01:05:22,840 --> 01:05:25,000
Speaker 2: that we have gotten, but I'm just saying, just to

1319
01:05:25,080 --> 01:05:29,200
Speaker 2: keep it in perspective during these times, is that not

1320
01:05:29,320 --> 01:05:31,200
Speaker 2: only do you sho should you pay attention of who's

1321
01:05:31,200 --> 01:05:36,280
Speaker 2: saying what, but stop putting all of your expectations on

1322
01:05:36,600 --> 01:05:39,240
Speaker 2: people that are here to entertain. That's their job to

1323
01:05:39,400 --> 01:05:46,200
Speaker 2: entertain us. So as an entertainer, you are here to

1324
01:05:47,120 --> 01:05:51,880
Speaker 2: nine times out of ten entertained. You can't expect that

1325
01:05:51,960 --> 01:05:55,600
Speaker 2: person and you shouldn't be looking to that person to

1326
01:05:55,680 --> 01:06:01,760
Speaker 2: be your political or economic voice. Be your own economic voice,

1327
01:06:01,800 --> 01:06:03,160
Speaker 2: be your own political voice.

1328
01:06:03,880 --> 01:06:05,160
Speaker 3: We have the power to do it, we have the

1329
01:06:05,240 --> 01:06:07,919
Speaker 3: knowledge to do it right. It makes no sense why

1330
01:06:07,920 --> 01:06:10,080
Speaker 3: we shouldn't do it while we were not doing it right.

1331
01:06:10,120 --> 01:06:12,200
Speaker 3: We need to celebrate, like you said, celebrate the people

1332
01:06:12,440 --> 01:06:15,040
Speaker 3: who actually are doing the work. Tamika Mary. I thought

1333
01:06:15,400 --> 01:06:17,760
Speaker 3: I saw her on CNN. I was like, Yo, that's powerful.

1334
01:06:17,840 --> 01:06:20,720
Speaker 3: Like I love her voice. She's speaking for a community's

1335
01:06:20,720 --> 01:06:23,000
Speaker 3: speaking for a generation of people. Like we said, what

1336
01:06:23,080 --> 01:06:26,240
Speaker 3: my son's doing, What Stephen Jackson was doing in Minneapolis,

1337
01:06:26,240 --> 01:06:28,440
Speaker 3: I thought it was incredible. He actually had a relationship.

1338
01:06:28,960 --> 01:06:32,680
Speaker 3: I came to find out with George Floyd. These people

1339
01:06:32,760 --> 01:06:36,960
Speaker 3: are They're not You're not looking for them. They're showing themselves.

1340
01:06:36,840 --> 01:06:39,440
Speaker 2: To us and throughout history. And like I said, because

1341
01:06:39,480 --> 01:06:42,160
Speaker 2: like poets have always been celebrated, Like we listened to

1342
01:06:42,320 --> 01:06:45,760
Speaker 2: rap every single day, but there was never a point

1343
01:06:45,760 --> 01:06:51,120
Speaker 2: in time where Shakespeare was more powerful and more valued

1344
01:06:51,440 --> 01:06:58,200
Speaker 2: than Caesar. Right, Like, that's not how civilizations work. That's

1345
01:06:58,200 --> 01:06:59,600
Speaker 2: not how civilizations work.

1346
01:06:59,840 --> 01:07:00,240
Speaker 3: We don't.

1347
01:07:00,480 --> 01:07:07,160
Speaker 2: There's levels, right, there's levels of appreciation. There's levels for

1348
01:07:07,440 --> 01:07:10,800
Speaker 2: people that should be elevated. And like I said, there's

1349
01:07:10,840 --> 01:07:17,800
Speaker 2: always been entertainers, athletes, There's always been poets, musicians, artists.

1350
01:07:18,120 --> 01:07:21,840
Speaker 2: But the problem, and this is when civilizations start to fall.

1351
01:07:22,360 --> 01:07:28,680
Speaker 2: When when Rome built the coliseum, that's to keep people distracted, right,

1352
01:07:29,120 --> 01:07:34,160
Speaker 2: And it's like entertained. So now you're entertaining these people,

1353
01:07:35,000 --> 01:07:38,560
Speaker 2: and they lose track of what is really important.

1354
01:07:38,880 --> 01:07:41,600
Speaker 3: Right, the gladiator becomes the figure.

1355
01:07:41,440 --> 01:07:45,720
Speaker 2: Right, So and that's done intentionally to keep you off

1356
01:07:45,720 --> 01:07:49,160
Speaker 2: what's really going on. And this is done throughout civilizations

1357
01:07:49,200 --> 01:07:54,040
Speaker 2: throughout history. So just pay attention to that, keep that

1358
01:07:54,160 --> 01:07:59,280
Speaker 2: in mind, and understand the level of appreciation that you

1359
01:07:59,440 --> 01:08:02,920
Speaker 2: have for these entertainers. You should have that same level

1360
01:08:03,000 --> 01:08:05,880
Speaker 2: of appreciation for other people because, as Derry Falcon said,

1361
01:08:06,520 --> 01:08:09,680
Speaker 2: the entrepreneurs, the creatives are our future. This is why,

1362
01:08:09,720 --> 01:08:11,480
Speaker 2: this is why un your Lisha is so important. The

1363
01:08:11,480 --> 01:08:15,480
Speaker 2: political figures, the entrepreneurs, the creatives, those are our future

1364
01:08:15,760 --> 01:08:18,240
Speaker 2: because as he said, I don't care how fast you

1365
01:08:18,280 --> 01:08:22,640
Speaker 2: can jump, how far you you're gonna retire. An athlete's

1366
01:08:22,640 --> 01:08:25,479
Speaker 2: career is four to five years if that, if they're lucky,

1367
01:08:25,600 --> 01:08:28,160
Speaker 2: a good rapper might have a three year run. If that,

1368
01:08:28,760 --> 01:08:31,040
Speaker 2: I don't care how many words you can put together.

1369
01:08:31,360 --> 01:08:34,439
Speaker 2: Eventually you're not going to be hot. No more so,

1370
01:08:34,479 --> 01:08:38,080
Speaker 2: what's more important than somebody getting in a booth and

1371
01:08:38,600 --> 01:08:42,360
Speaker 2: being able to put together words that can rhyme is

1372
01:08:42,400 --> 01:08:44,480
Speaker 2: somebody that can actually pay that person.

1373
01:08:44,320 --> 01:08:47,800
Speaker 3: For that economic empowerment, economic freedom. Like that's it, Like

1374
01:08:47,840 --> 01:08:49,479
Speaker 3: we have to get to that point where like Yo,

1375
01:08:49,560 --> 01:08:51,599
Speaker 3: that needs to be celebrated, that needs to be elevated

1376
01:08:51,880 --> 01:08:54,320
Speaker 3: and celebrate on educator too, Like they're the ones that

1377
01:08:54,360 --> 01:08:57,040
Speaker 3: are passing right with They're passing the message on, they're

1378
01:08:57,040 --> 01:08:59,519
Speaker 3: passing the knowledge on that can be a later applied

1379
01:09:00,040 --> 01:09:01,960
Speaker 3: break them the same way that we do a lot

1380
01:09:01,960 --> 01:09:02,920
Speaker 3: of these celebrities.

1381
01:09:03,200 --> 01:09:05,800
Speaker 2: Sure, so this was this was this was a dope

1382
01:09:05,800 --> 01:09:08,880
Speaker 2: episode to startpe for me. You know, it's like everybody else,

1383
01:09:08,920 --> 01:09:10,360
Speaker 2: you know, we're going through a lot right now. And

1384
01:09:10,400 --> 01:09:12,080
Speaker 2: it was just good just to get out here and

1385
01:09:12,439 --> 01:09:15,840
Speaker 2: get some information to the public. Hopefully you guys were

1386
01:09:15,880 --> 01:09:18,439
Speaker 2: able to take some some some some information from this.

1387
01:09:18,680 --> 01:09:21,240
Speaker 2: That's the baility of this man and utilize it.

1388
01:09:21,280 --> 01:09:23,680
Speaker 3: That'sability of it. Like we didn't have to say like, Yo,

1389
01:09:23,800 --> 01:09:25,559
Speaker 3: we need to Yo, we're gonna go do this, Like

1390
01:09:25,720 --> 01:09:28,559
Speaker 3: all right, let's do it today. We're now waiting, like

1391
01:09:28,760 --> 01:09:30,560
Speaker 3: I know, you know, people were like, hey, what's just

1392
01:09:30,840 --> 01:09:33,200
Speaker 3: this is our stands, like we recorded it as we

1393
01:09:33,280 --> 01:09:35,880
Speaker 3: all now to apply some information and make some changes

1394
01:09:35,920 --> 01:09:36,519
Speaker 3: that y'all want.

1395
01:09:36,360 --> 01:09:37,719
Speaker 2: To see for sure.

1396
01:09:37,840 --> 01:09:41,920
Speaker 3: So Troy, yeah, yeah, you know. We we usually you know,

1397
01:09:42,520 --> 01:09:45,200
Speaker 3: shout out what we're doing. But more importantly, since this

1398
01:09:45,280 --> 01:09:47,840
Speaker 3: is like a state of the emergency state of the

1399
01:09:47,920 --> 01:09:51,479
Speaker 3: Union for our community, we wanted to highlight some other people.

1400
01:09:51,600 --> 01:09:54,400
Speaker 3: And I think it would be more appropriate for us

1401
01:09:54,479 --> 01:09:58,040
Speaker 3: to acknowledge some other funds that are happening right now

1402
01:09:58,320 --> 01:10:01,559
Speaker 3: in America and that ca help our community. So you

1403
01:10:01,560 --> 01:10:03,360
Speaker 3: want to start with the first one, you can start,

1404
01:10:03,400 --> 01:10:06,879
Speaker 3: all right, So first and foremost I did the research

1405
01:10:06,920 --> 01:10:10,280
Speaker 3: and decided, you know, the Minnesota Freedom Fund. I think

1406
01:10:10,320 --> 01:10:12,519
Speaker 3: everybody should be aware of what that is. A lot

1407
01:10:12,600 --> 01:10:15,519
Speaker 3: of that is going on in Miniapis right now. And

1408
01:10:15,800 --> 01:10:19,040
Speaker 3: what that fund does is it bails out people who've

1409
01:10:19,080 --> 01:10:23,320
Speaker 3: been arrested for political protests. So they're small bails, but

1410
01:10:23,360 --> 01:10:25,960
Speaker 3: a lot of people are being arrested because a lot

1411
01:10:25,960 --> 01:10:27,760
Speaker 3: of them are peacefully protesting. I want to I don't

1412
01:10:27,760 --> 01:10:30,320
Speaker 3: want you all get confused and think that our people

1413
01:10:30,400 --> 01:10:33,200
Speaker 3: are rioting. A lot of our people are peacefully protesting.

1414
01:10:33,280 --> 01:10:35,439
Speaker 3: The media has portrayed in a certain light. Yes, there

1415
01:10:35,520 --> 01:10:37,920
Speaker 3: are people who are doing other things, but for the

1416
01:10:37,920 --> 01:10:42,240
Speaker 3: people who are peacefully protesting, the Minnesota Freedom Fund bails

1417
01:10:42,240 --> 01:10:44,720
Speaker 3: those people out. And I think it would be appropriate

1418
01:10:44,760 --> 01:10:48,320
Speaker 3: for us to acknowledge the George Floyd Fund. His family

1419
01:10:48,360 --> 01:10:51,000
Speaker 3: fund is a gofund me fund. If you could donate

1420
01:10:51,040 --> 01:10:53,200
Speaker 3: to that, it goes directly to the family. I know

1421
01:10:53,240 --> 01:10:56,559
Speaker 3: they over five million dollars already right now. We can't

1422
01:10:56,600 --> 01:11:00,320
Speaker 3: forget that that is somebody's husband, that is somebody's father,

1423
01:11:00,479 --> 01:11:03,479
Speaker 3: that is somebody's son. And you know, his last words

1424
01:11:03,720 --> 01:11:06,200
Speaker 3: and this hit me yesterday when we were doing the research.

1425
01:11:06,240 --> 01:11:08,360
Speaker 3: His last words were, you know, I can't breathe and

1426
01:11:08,400 --> 01:11:11,000
Speaker 3: calling for his mom. I didn't even know that his

1427
01:11:11,080 --> 01:11:13,960
Speaker 3: mom had passed away two years ago, so that hit

1428
01:11:14,000 --> 01:11:16,920
Speaker 3: me so hard, knowing that in his last moments he's

1429
01:11:16,960 --> 01:11:21,759
Speaker 3: crying to reach his mom who had passed away literally

1430
01:11:21,840 --> 01:11:23,599
Speaker 3: to the day. I think the anniversary of your fur

1431
01:11:23,640 --> 01:11:28,320
Speaker 3: death was this week, So you know, donate to that.

1432
01:11:29,160 --> 01:11:31,000
Speaker 3: We will be doing that and we encourage you to

1433
01:11:31,040 --> 01:11:31,479
Speaker 3: do the same.

1434
01:11:32,160 --> 01:11:35,120
Speaker 2: Yeah, stay safe out there, stay encouraged, stay healthy, and

1435
01:11:35,200 --> 01:11:37,439
Speaker 2: once again recipes to all of the people that have

1436
01:11:37,560 --> 01:11:42,839
Speaker 2: full victim of police brutality throughout the last three hundred years,

1437
01:11:43,040 --> 01:11:45,519
Speaker 2: four hundred, four hundred years in the United States of

1438
01:11:45,560 --> 01:11:48,280
Speaker 2: America and all over the world. Thank you guys for

1439
01:11:48,360 --> 01:11:50,559
Speaker 2: rocking with us. We'll see you next week. Peace.

1440
01:11:50,720 --> 01:11:51,000
Speaker 3: Peace.

1441
01:11:52,720 --> 01:11:56,400
Speaker 4: An illegal alien from Guatemala charged with raping a child

1442
01:11:56,439 --> 01:11:59,920
Speaker 4: in Massachusetts. An MS thirteen gang member from El Salva

1443
01:12:00,479 --> 01:12:04,600
Speaker 4: accused of murdering a Texas man of Venezuelan charged with

1444
01:12:04,680 --> 01:12:08,559
Speaker 4: filming and selling child pornography in Michigan. These are just

1445
01:12:08,680 --> 01:12:12,439
Speaker 4: some of the heinous migrant criminals caught because of President

1446
01:12:12,479 --> 01:12:16,000
Speaker 4: Donald J. Trump's leadership. I'm Christy Noman, the United States

1447
01:12:16,080 --> 01:12:20,840
Speaker 4: Secretary of Homeland Security. Under President Trump, attempted illegal border

1448
01:12:20,880 --> 01:12:24,439
Speaker 4: crossings are at the lowest levels ever recorded, and over

1449
01:12:24,520 --> 01:12:27,720
Speaker 4: one hundred thousand illegal aliens have been arrested. If you

1450
01:12:27,800 --> 01:12:31,639
Speaker 4: are here illegally, your next you will be fined nearly

1451
01:12:31,720 --> 01:12:35,760
Speaker 4: one thousand dollars a day, imprisoned, and deported. You will

1452
01:12:35,800 --> 01:12:39,439
Speaker 4: never return. But if you register using our CBP home

1453
01:12:39,479 --> 01:12:42,839
Speaker 4: app and leave now, you could be allowed to return legally.

1454
01:12:43,200 --> 01:12:47,960
Speaker 4: Do what's right. Leave now. Under President Trump America's laws,

1455
01:12:48,120 --> 01:12:50,559
Speaker 4: border and families will be protected.

1456
01:12:50,680 --> 01:12:52,799
Speaker 3: Sponsored by the United States Department of Homeland Security,