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Speaker 2: All right, God guy, welcome back, Eyl. This is a
Speaker 2: state of emergency. Addition, you know, we're talking going back
Speaker 2: and forth for the last couple of days, and we
Speaker 2: got a lot a lot of dope fire episodes and
Speaker 2: the fault that teach people a variety of different tactics,
Speaker 2: how to get their bread right, how to how to
Speaker 2: you know, become entrepreneurs and navigate the field. That's what
Speaker 2: EYL is here for. But we're also a business podcast
Speaker 2: on a broader scale. We've touched on almost every single topic. So,
Speaker 2: you know, having a conversation with Troy a couple of
Speaker 2: days ago, in the midst of everything that's going on
Speaker 2: in this world in our country, I'm like, you know,
Speaker 2: I don't think we should actually, you know, put these
Speaker 2: episodes out. Maybe we should just do like a state
Speaker 2: of emergency last minute, you know what I'm saying, addressing topics.
Speaker 3: We would have been remiss if we didn't address what's
Speaker 3: going on in our community and what's going on in
Speaker 3: the world. Really, so when you call me, we had
Speaker 3: the same thought. You just like, Yo, it wouldn't sit
Speaker 3: right with me if we didn't address it, if we
Speaker 3: didn't take some time to really dive deep into this
Speaker 3: so that we can make everybody away, which is what
Speaker 3: we're known for. So we was on the same page
Speaker 3: and hopefully, you know, we're gonna shed the light on
Speaker 3: some things today.
Speaker 2: Yeah, so we're gonna We're gonna tell you we was
Speaker 2: kind of going back and forth because we're still a
Speaker 2: business podcast and that's all. And I feel like everybody
Speaker 2: has their their their lane and their way to contribute
Speaker 2: to society, and you know, our platform is to provide
Speaker 2: business information, which is extremely valuable, but like, how do
Speaker 2: we tie it in with the social justice So I
Speaker 2: think we did a great job of actually tying it
Speaker 2: two in and talking about it from business standpoint.
Speaker 3: He was adamant about it. I said, YEA, let's just
Speaker 3: go no holds ball, let's go no hose ball, let's
Speaker 3: just speak our mind. Let's let's just tell the people
Speaker 3: how we feel. And he was like, no, we can
Speaker 3: keep it business. I'm like, all right, man, fine.
Speaker 2: Yeah, I wanted. I think it's important because there's always
Speaker 2: a money played behind it, and it's like not just
Speaker 2: to inform people, but to actually let people know how
Speaker 2: they can make a change and how they can actually
Speaker 2: invest in and make some money and do it in
Speaker 2: the right way and different things of that nature.
Speaker 3: So I'm glad we did because it was, like like
Speaker 3: I said all the time, like we learned through the process.
Speaker 3: So there's things that I uncovered that I had no
Speaker 3: idea about. So now we're gonna do what we do
Speaker 3: best and put it in the language to help everybody
Speaker 3: else understand it.
Speaker 2: Yeah, for sure. So this this is gonna be a
Speaker 2: special special episode. We're gonna go over a variety of
Speaker 2: different topics and like I said, it's going to inform you.
Speaker 2: It's also going to educate you, and hopefully people can
Speaker 2: use this to bring about real change, not just to
Speaker 2: listen to it and just be educated, but to actually
Speaker 2: enforce new policy, enforce change, and this hopefully can lead
Speaker 2: to some solutions. So before we start, I just wanted
Speaker 2: to take a moment in silence for Big George Floyd,
Speaker 2: Eric Gardner. I'm gonna do Diallo, Freddie Gray, Sean Bell,
Speaker 2: Orlando Castillo, Treyvon Martin, Sandram Blanz. Too many, it's too many, unfortunately, Yeah,
Speaker 2: it's too many people for us to name. That's just
Speaker 2: a few of black people that have been killed by
Speaker 2: the police and uh, the last you know, decade or so.
Speaker 2: So yeah, I just want to take a moment in
Speaker 2: silence for that, all right. So, so yeah, we're gonna
Speaker 2: we're gonna get right into it. You know, obviously, the
Speaker 2: times that we're in right now, As I said, rest
Speaker 2: in peace to George Floyd. If you saw that, there's
Speaker 2: no justification for what happened with that. You know, it's
Speaker 2: one of these one of the few cases where I've
Speaker 2: seen where there's not even one person trying to justify
Speaker 2: every There's always like, well, what did he do? He
Speaker 2: was resisting, there's always more just I haven't heard one
Speaker 2: person that's actually said like, this is justified. I haven't
Speaker 2: heard anybody trying to justify it. It's just like trying
Speaker 2: to justify other things. But I haven't heard anybody trying
Speaker 2: to justify this. So it's like it brings up a
Speaker 2: larger issue of police brutality. And police brutality is not
Speaker 2: something that doesn't exist, Like I don't care, Yeah, it's
Speaker 2: not We're not gonna act like it doesn't happen. It
Speaker 2: doesn't exist, and I don't want to hear about. You know,
Speaker 2: there are good cops. That's not the point. Of course,
Speaker 2: there's some good cops. Of course, there's some good teachers.
Speaker 2: Of course there's something like. That's not the point. The
Speaker 2: point is that there's a systematic problem of not only racism,
Speaker 2: but police brutality. And the reason why police brutality is
Speaker 2: an issue is because These are people that take an
Speaker 2: oath to serve and protect the community. So if you
Speaker 2: take an oath to serve and protect the community, it's
Speaker 2: not the same as a gang member killing another gang member. Like,
Speaker 2: these people don't take oaths, they're not paid, they don't
Speaker 2: have pensions, so it's not the same. So I don't
Speaker 2: want to hear that we're talking about police brutality. There's
Speaker 2: times and places and talking about all other stuff, but
Speaker 2: right now we're talking about police brutality.
Speaker 3: I spoke on a couple of conversations man and shout
Speaker 3: out to KRS when he had to line, like, what's
Speaker 3: the difference between the overseer and the officer? Right, So
Speaker 3: if we go back to the history of it, like
Speaker 3: we've seen that the overseer was to watch over the
Speaker 3: land and if everyone act out of accordance, they were
Speaker 3: handled at that time. And if we look at it right,
Speaker 3: you said serve and protect. But the officer, especially in
Speaker 3: our communities, has become the overseer. So it's kind of crazy.
Speaker 2: Yeah, So all right, earn Aalsia. We talk about the
Speaker 2: money plays and this is no different than anything else.
Speaker 2: I actually learned a lot of stuff doing research on this.
Speaker 2: That's what I realized too, that we we have become
Speaker 2: journalists and we take our journalistic responsibility very serious. I
Speaker 2: was up till four o'clock in the morning yesterday researching
Speaker 2: and I got excited because I didn't even I'm like, yo,
Speaker 2: I got excited and learning the information, like I hope
Speaker 2: I can relate this in a manager. Yeah, so you know,
Speaker 2: I'm interested to actually, you know, have this conversation. So
Speaker 2: there's an economic play. There's an economic play behind police brutality.
Speaker 2: There's a huge, huge economic play. So every year, cities
Speaker 2: across the United States of America, small and large, they
Speaker 2: spend millions of dollars in police brutality claims because it's like,
Speaker 2: this isn't calm, this isn't new, right, Like it happens
Speaker 2: all the time, right, even if it's not to this
Speaker 2: extent where somebody gets killed, somebody might get a black eye,
Speaker 2: somebody might break somebody's ribs. Like, yeah, it's a lot
Speaker 2: of police but that's an issue too, but specifically police brutality.
Speaker 2: So police brutality cases, there's millions of police brutality cases
Speaker 2: all over the country every single year. Most of the
Speaker 2: time it's settled with some compensation being paid, and that
Speaker 2: can go from one thousand dollars to one hundred million
Speaker 2: dollars like anywhere in between. Right, it depends. So now
Speaker 2: what people don't fully understand, I think is that there's billions,
Speaker 2: billions of dollars that are paid to victims of police
Speaker 2: brutality every single.
Speaker 3: Year, all the time. Yeah, there was a settlement for
Speaker 3: forty million, this person got twenty five million. Nobody thinks
Speaker 3: about they just hit the number. Nobody thinks about anything else.
Speaker 3: Where's this coming from? Yeah?
Speaker 2: And to create So Chicago in twenty eighteen, one hundred
Speaker 2: and thirteen million dollars was paid to police brutality settlements
Speaker 2: and judgments. One hundred and thirteen million in just the
Speaker 2: city of Chicago in twenty eighteen one year. That's that's amazing.
Speaker 2: So it's like, where does this money come from? So
Speaker 2: this is this is now you start to peel back
Speaker 2: the layers. Because if it's like it's like a movie,
Speaker 2: it's like a movie, like you see the Instagram clips
Speaker 2: and it's like, okay, so now I feel like I'm
Speaker 2: actually a detective. Right, It's like, now you got pill
Speaker 2: back the layers.
Speaker 3: It's weird. Because at times like when you hear these sellments.
Speaker 3: I remember when I'm gonna do the album Dudillo got
Speaker 3: to sell them and it was like yah, it was
Speaker 3: forty million dollars or something of that sort, and it
Speaker 3: was like that felt like a victory. It felt like,
Speaker 3: all right, well, he's been compensated for the abuse that
Speaker 3: he suffered. And then when you look at like, wait,
Speaker 3: where did that money come from? It's like, wait, is
Speaker 3: this really a big should we be celebrating that?
Speaker 2: That's the crazy thing about it. Nobody ever thought about
Speaker 2: where the money comes from. So where does the money
Speaker 2: come from? The money comes from taxpayers, right, So taxpayers.
Speaker 2: So that's another thing about police officers. Police officers are
Speaker 2: public servants. Right, we pay when I say we tax
Speaker 2: paying people of the United States of America pay the
Speaker 2: salaries and the retireronment of the police department. All of
Speaker 2: that comes from tax dollars. So now the taxpayers are
Speaker 2: paying for these payouts. That's the first that's the first
Speaker 2: part that people need to fully understand.
Speaker 3: It's like even before the payout, right, they have no
Speaker 3: So you got to understand that part before you even
Speaker 3: get to the telements. You've had to go through court
Speaker 3: a court case. Right there, there's no financial responsibility on
Speaker 3: the side of an officer during the police brutality case.
Speaker 3: So literally, the taxpayers pay for their trial. So they're
Speaker 3: paying for the lawyers that, they're paying for the judgments,
Speaker 3: and they're paying for the settlements. Like there is nothing
Speaker 3: that they have to do if the actors committed while
Speaker 3: they're on the job.
Speaker 2: Yeah, that's the fact. So now so now the taxpayers
Speaker 2: pay for it. So it's like all right, so now
Speaker 2: now we got deal back, peel back even more layers.
Speaker 2: So now a lot of cities, in towns, they have
Speaker 2: liability policies. So liability it's like insurance pretty much, right,
Speaker 2: So it's like, okay, any other insurance policy, you pay
Speaker 2: a premium. So like let's say you have a ten
Speaker 2: million dollar liability policy, so your premium for that might
Speaker 2: be two hundred and fifty thousand dollars, right, So taxpayers
Speaker 2: are paying the premium because that's where it comes from
Speaker 2: the budget. So taxpayer is paying two hundred and fifty thousand,
Speaker 2: and then a liability company is paying the ten million.
Speaker 2: So it's like okay, if you if you get into
Speaker 2: a situation and you beat up somebody, a cop. You're
Speaker 2: a cop, and you beat up somebody, they sue. Now
Speaker 2: they win. So now a liability company is liable for
Speaker 2: that to pay that, so they pay it. But ultimately
Speaker 2: the taxpayers still paid it in some sort because they
Speaker 2: actually paid the premium for the policy. So but that
Speaker 2: wouldn't that wouldn't be that bad because it's like, all right,
Speaker 2: you're only paying it's still bad because it's like you
Speaker 2: you are committing a crime, you are actually abusing somebody,
Speaker 2: and where even if it's a dollar or ten percent
Speaker 2: of what's being paid, we're still paying for a tax payer.
Speaker 2: But it's like, all right, it's still less. It's not
Speaker 2: like you're paying the whole thing right now you got
Speaker 2: to peel back even one more layers. So it's like,
Speaker 2: all right. What happens is that most of these cities, towns,
Speaker 2: and especially as more and more police brutality cases start
Speaker 2: to be reported, they don't have enough liability because you
Speaker 2: got to think about the liability companies are business as well.
Speaker 2: They're not just going to try to give away money. Yeah,
Speaker 2: it's like they cap it. So now it's like there's
Speaker 2: not enough liability insurance to cover a lot of this, right, So.
Speaker 3: We need more money.
Speaker 2: So now they need more money, additional money in addition
Speaker 2: to the liability. So where does that come from? So
Speaker 2: now they have to issue bonds. They have to have bonds, right.
Speaker 2: So it's like Bethelhem, Pennsylvania, small town in Pennsylvania two
Speaker 2: thousand and four, they settle the wrongful death lawsuit for
Speaker 2: a seven point eight nine million, So five hundred thousand
Speaker 2: came from the insurance, right, seven million, three hundred and
Speaker 2: nine seven point thirty nine million came from bonds. So
Speaker 2: the vast majority of it actually came from bonds. Right.
Speaker 3: So bonds in the sensus like, listen, we're gonna pay
Speaker 3: you back this money over a given amount of time
Speaker 3: with interests, right, So a lot of times it could
Speaker 3: be thirty years, sometimes it could be shorter. So we
Speaker 3: just got to understand that part too. So literally, a
Speaker 3: municipality is saying, listen, we don't have the money, but
Speaker 3: we'll get it back to you. They're gonna raise that
Speaker 3: money from the good people who live in that city.
Speaker 3: So it's like, listen, the people who live in these areas,
Speaker 3: and a lot of times it's over policed areas. So
Speaker 3: when we look at the cities, it's over police areas.
Speaker 3: When they're over policed, there's gonna be more incidents, there's
Speaker 3: gonna be more altercations with law officials. So they already
Speaker 3: know like, all right, well, we're gonna set this budget aside,
Speaker 3: and if we don't have enough, we're gonna get more
Speaker 3: from the taxpayers.
Speaker 2: Yeah, And so what happens, what's going on now is
Speaker 2: that cities across the United States of America are going
Speaker 2: into massive debt because of what they're calling it police
Speaker 2: brutality bonds. That's what they're pretty much dead, police brutality bonds.
Speaker 2: So that's the crazy thing about the financial industry. They
Speaker 2: issue bonds for anything. There was bonds for mortgage backed security,
Speaker 2: for your home's bonds, for anything that you really get creative,
Speaker 2: you can issue a bond. So now they actually have
Speaker 2: police brutality bonds. Right. So between two thousand and eight
Speaker 2: and twenty and seventeen, we did some research, LA seventy
Speaker 2: four million dollars was paid in police brutality bonds. The
Speaker 2: insurance the interest on that was eighteen million. To the
Speaker 2: holders of the bond and taxpayers it cost them eighty
Speaker 2: nine million. So let me just I just wanted for
Speaker 2: people to understand that. So, all right, LA didn't have
Speaker 2: enough to pay police brutality cases.
Speaker 3: So those are the judgments and settlements, right.
Speaker 2: So over and above what they already have in their
Speaker 2: budget are over and above the liabillion ran.
Speaker 3: That's the scary part too, like we are ready of saying, listen,
Speaker 3: we have a budget for it. Let's keep going.
Speaker 2: Yeah, So now they have to go to the financial
Speaker 2: markets and issue bonds worth seventy one million dollars, right,
Speaker 2: So they take out bonds for seventy one million dollars
Speaker 2: to pay this Because if you know what a bond is,
Speaker 2: it's like it's your somebody's loaning you money. For them
Speaker 2: loaning you money, you're paying it back over a court
Speaker 2: of time. But it's with interest. So now the people
Speaker 2: that loaned them the money, people that loaned them seventy
Speaker 2: one million dollars, they got paid an interest of eighteen million.
Speaker 3: We're going to talk about who they are too, and
Speaker 3: it's said.
Speaker 2: They So they made money, they made eighteen The people
Speaker 2: that issued the bonds made eighteen million dollars on the bonds.
Speaker 2: The taxpayers ended up paying for the whole thing because
Speaker 2: you have to pay for the bond and the interest.
Speaker 2: So the taxpayers ended up paying eighty nine million.
Speaker 3: Right, So you got to sell the bond money, which
Speaker 3: is the seventy one if we're talking about LA and
Speaker 3: then you talk about the interest pays. So you can
Speaker 3: buy those two and that's what the bill is for
Speaker 3: the tax pay yep.
Speaker 2: Milwaukee during that same time, twenty six million in bonds,
Speaker 2: uh three point seven million dollars in interest. The taxpayers
Speaker 2: paid twenty nine million. Chicago, Chicago. I don't know what's
Speaker 2: going on in Chicago.
Speaker 3: Well, Chicago had a lot of high profile cases. One
Speaker 3: that comes to mind, and we're gonna talk about a
Speaker 3: duration of time, So from like twy ten to twenty eighteen,
Speaker 3: we're talking to almost a billion dollars paid. They had
Speaker 3: the Lakwi McDonald case where the young black kid was
Speaker 3: shot sixteen times and I believe the office's name was
Speaker 3: Van Dyk or something like that got sent us to
Speaker 3: six years. There was a settlement in that case. So
Speaker 3: you got a couple of cases in Chicago that happened
Speaker 3: from twenty to ten to twenty seventeen. They had seven
Speaker 3: hundred and nine million in bonds seven hundred and nine million.
Speaker 3: The interest paid on those on those bonds was one
Speaker 3: billion dollars with a B so the taxpayers get the
Speaker 3: bill for one point seven There's a crazy part. There
Speaker 3: was this quote. I was like, yo, that is it.
Speaker 3: I was reading. It was like they said, this is
Speaker 3: like the equivalent of paying your rent with a credit card.
Speaker 3: Like it's a temporary solution, but the root of the
Speaker 3: problem is you don't have enough money to pay your bills. Yeah,
Speaker 3: you know what I'm saying. Think about that, And that's crazy.
Speaker 2: I mean because if you look at it, like Milwaukee
Speaker 2: paid three million, three million interest on twenty six million
Speaker 2: dollars bond, La paid eighteen million on a seventy one
Speaker 2: million dollars bond, they're small. The interest is smaller than
Speaker 2: the amount of money that they borrowed. Chicago actually paid
Speaker 2: more interest than what they So not only are they
Speaker 2: issuing bonds, they issuing high interests like credit card, like
Speaker 2: thirty five percent or something like that must be crazy
Speaker 2: that they paid one billion dollars of interest and they
Speaker 2: only borrowed seven hundred and nine million, and the tax
Speaker 2: payers pay for all of that tax paid pay for
Speaker 2: one point seven billion. So this is something that's so
Speaker 2: crazy because it's like, you're paying for police brutality. You are, yeah,
Speaker 2: And this is something, like I said, whether you are black, white,
Speaker 2: whether you are affluent, whatever, this is something that everybody
Speaker 2: should be concerned about because from an economic standpoint, why
Speaker 2: do you want to pay for road cops? Why do
Speaker 2: you want to pay for that? You're you're not only
Speaker 2: paying for it, but you're paying for the interest as well.
Speaker 2: Yeah so all right, so now that's that's the third layer.
Speaker 2: But here's where it gets really spicy. It's like, all right,
Speaker 2: so we're talking about bonds and day, so who's day? Right?
Speaker 2: So it turns out that large banks, investment firms, ball
Speaker 2: Street investment firms, small regional banks all play a part
Speaker 2: in issuing these bonds. Some well known companies that have
Speaker 2: played a part, Wells Fargo, Goldman, Sachs, Bank of America.
Speaker 3: Bank of Montreal.
Speaker 2: So they issue police brutality bonds to town cities, municipalities.
Speaker 2: The cities pay them over the court sometime to loan
Speaker 2: them money so they can pay victims, and they actually
Speaker 2: are making money. So these companies are making money off
Speaker 2: of police brutality because they're getting paid interest on the bonds.
Speaker 3: And there's a lot of fees that go into doing
Speaker 3: these bonds. Right, So, like we said that there's an
Speaker 3: underwriter fees that the banks are going to collect the
Speaker 3: money on that every time they issue them, so they're
Speaker 3: going to every time that there's a case that is
Speaker 3: a settlement, there's underwriting fees, the bank gets paid.
Speaker 2: So not only do you have the first layer that's
Speaker 2: making money is insurance companies for the liability claims because
Speaker 2: insurance companies always make money, there's no way around it,
Speaker 2: Like that's how insurance companies operate, right, So now you're
Speaker 2: paying insurance premiums. So insurance, there's insurance policies and place
Speaker 2: for police brutality, they make money. But even bigger than that,
Speaker 2: now you have financial institutions that are making money off
Speaker 2: police brutality bonds off the interest. So okay, now we
Speaker 2: have to look at now it makes more sense why
Speaker 2: nothing has changed in the last fifty years, if anything
Speaker 2: has gotten worse, right, because there's no incentive for it
Speaker 2: to stop. Not only do the police do not pay themselves,
Speaker 2: they have no financial responsibility for it at all. So
Speaker 2: that's one thing.
Speaker 3: Like that's crazy.
Speaker 2: The insurance companies is actually making money on it, and
Speaker 2: now banks and financial institutions aren't making money on it.
Speaker 2: So if there's if there's if nobody's losing money as
Speaker 2: far as the cops and people are making millions and
Speaker 2: billions of dollars, why would there ever be a real
Speaker 2: incentive to change police brutality?
Speaker 3: And then all that, right, if this was chess, right,
Speaker 3: if we said that those are all the players, we
Speaker 3: got to figure out where are we at on that
Speaker 3: chess board?
Speaker 2: Just pawns getting moved around. That's the reality of it,
Speaker 2: and most people don't realize it. So it's like all right, okay, okay.
Speaker 2: So and there's different ways how cities use it, Like
Speaker 2: some cities use bonds as like part of their budgets.
Speaker 2: Some cities use it as an emergency option. Some cities
Speaker 2: use it after the liability insurance content, but they're still
Speaker 2: getting used. Right, So it's like whole economic strit And
Speaker 2: this is what we're talking about politics, and this is
Speaker 2: something that people need to be aware of. So it's
Speaker 2: like we're not just going to give you the problem.
Speaker 2: Hopefully people. Somebody's listening to a bunch of people are
Speaker 2: listening and the community's listening, and you never know what
Speaker 2: somebody can do with the information. Right. So now it's
Speaker 2: like how I see it when we're talking about were
Speaker 2: in a political season, right and you're asking these politicians,
Speaker 2: You demanding these politicians for these things, right, But a
Speaker 2: lot of times you're asking them and you demanded them
Speaker 2: for wrong things. You asking them to put body cameras
Speaker 2: on these people. It doesn't matter.
Speaker 3: But that's crazy. I'm glad you said body cameras because
Speaker 3: in my notes I was thinking, like body cameras that
Speaker 3: comes out of the budget too, right, So like when
Speaker 3: you say you want these things, they have to get
Speaker 3: the money to pay for it. So there needs to
Speaker 3: be a budget that needs to come flow. You're paying
Speaker 3: for those body cameras if you want them, you know
Speaker 3: what I'm saying. So like we got to think intense, like,
Speaker 3: all right, everything that you're asking for.
Speaker 2: You're gonna pay. So the reil in my opinion, if
Speaker 2: you want to take a political route. I'm not a
Speaker 2: post I'm not opposed to politics. If you want to
Speaker 2: take a political route, right, real legislation that can really
Speaker 2: make a difference is first hitting police officers when it hurts,
Speaker 2: so cutting getting cuts from the pension funds, right, the
Speaker 2: police unions across America is probably the strongest, if not
Speaker 2: one of these strongest unions TV in every city of America.
Speaker 2: That they hardly can ever lose it. They can go
Speaker 2: to jail and still keep their pension. They hardly ever
Speaker 2: get fired even if they do an egregious act. They
Speaker 2: like get put on like punishment or death duty even when.
Speaker 3: They get fired, so that that there's a fine line there, right,
Speaker 3: and that's where the law comes in. It's like they
Speaker 3: can get fired for the offense, but the offense happened
Speaker 3: while they were on duty, you see what I'm saying,
Speaker 3: So like you're still paying for it because it happened
Speaker 3: while they were part of the force. They could have
Speaker 3: been fired after it, but they still were doing that
Speaker 3: crime while they were on it. So technically your taxpayer
Speaker 3: is gonna pay for it.
Speaker 2: Yeah, so actionable items my opinion, I'm sure you have
Speaker 2: somebody says cutting pension funds right, every for every for
Speaker 2: every one hundred million that has to be paid out,
Speaker 2: ten percent of the of the pension fund gets depleted.
Speaker 2: That's that's an incentive for cops. Not to be because
Speaker 2: you gotta realize this a lot of times, this is
Speaker 2: the reality of it. Racism is real, right, So you're
Speaker 2: not gonna be able to change You're not gonna be
Speaker 2: able to change somebody's mine. If somebody looks at you
Speaker 2: as less than a human being, somebody looks at you,
Speaker 2: you can't change that by doing training, and none of
Speaker 2: that's gonna work. But what people respect more than anything
Speaker 2: else is money. So if they realize that, look, this
Speaker 2: is gonna affect my money, you're gonna think twice about
Speaker 2: doing something. So let's say it's one hundred for ever,
Speaker 2: one hundred million dollars, ten percent of the total pension
Speaker 2: for everybody, because it gotta be across the board. Everybody's
Speaker 2: gotta fill. The pain gets deducted. Now the good cops,
Speaker 2: he's going to be even more vigilant, and the bad
Speaker 2: cops is even going to think about it because it's like,
Speaker 2: I'm not just going to do nothing crazy because now
Speaker 2: I'm gonna get effected.
Speaker 3: Pay I think the second way we can we can
Speaker 3: go about this is having them have individual responsibility rather
Speaker 3: than having the tax paid pay for it. Let it
Speaker 3: come out of it. Like you said, let's affect the money.
Speaker 3: Let it come out of their own individual pench pains.
Speaker 3: Let it come out of their own individual salaries if
Speaker 3: there is misconduct, Right, if you saw that happening, you
Speaker 3: would be less likely to commit any type of egregious
Speaker 3: offense if you know it was gonna cost you, right,
Speaker 3: because you got to feed your family too.
Speaker 2: It's just like the NFL or any other thing. You
Speaker 2: get fined exactly right, you get fine, you do something
Speaker 2: in the NFL, you do an illegal hit, you get
Speaker 2: a fifty thousand dollars paycheck cut in your paycheck. So yeah,
Speaker 2: like you said, cops, if you get found guilty, if
Speaker 2: you because if you have to pay their settling it right,
Speaker 2: So if for every settlement that you have to pay for,
Speaker 2: we're going to take twenty thousand dollars out of your salary,
Speaker 2: We're going to cut your salary about twenty five percent
Speaker 2: for the year or so, you know what I'm saying.
Speaker 2: So now it's like overtime paid all types of thing.
Speaker 2: So now it's like, Okay, you have a financial incentive
Speaker 2: put in place not to do these things. Right. Another
Speaker 2: thing that they can do is that they can deduct
Speaker 2: it from the overall police budget, which will lower the
Speaker 2: police budget, which that hurts them. Right. Another thing that
Speaker 2: they can do that I just thought about is I
Speaker 2: don't understand why cops don't have e ANDO insurance. Like
Speaker 2: there's millions of cops all across the country from every persent,
Speaker 2: from doctors, financial advisors. Doctors pay so much money in
Speaker 2: malpractice insurance, so much money. Like a doctor might pay
Speaker 2: thirty thousand dollars a year in malpractice insurance. He might
Speaker 2: not ever do anything wrong, but that's the cost of
Speaker 2: being a doctor, because when a doctor does do something wrong,
Speaker 2: it's all pulled together. Just like a financial advisor has
Speaker 2: e ANDO insurance, which stands for ARIZONO Mission Insurance. So
Speaker 2: the financial advisor might not do anything wrong his whole
Speaker 2: entire career, but if something happens and you know, a
Speaker 2: complaint is fouled, then they have E and O insurance,
Speaker 2: which every financial advisor has to carry E and O insurance. Right. So, now,
Speaker 2: like any other type of insurance, you got millions of
Speaker 2: people putting it towards the pot it comes out of that.
Speaker 2: So why can't cops have E and O insurance? Two
Speaker 2: hundred dollars out of every single cops paycheck has to
Speaker 2: go to E and O malpractice whatever you want to
Speaker 2: call it, insurance. So now you've taken two hundred dollars
Speaker 2: a paycheck out of millions of cops paychecks that alone
Speaker 2: could probably pay for at least half of these police
Speaker 2: brutality cast it's gonna come out of yacht like.
Speaker 3: Just because what you said is so important that it'll
Speaker 3: be more than that. Right, because we're not talking about
Speaker 3: every city in America. We're talking about over over populated
Speaker 3: cities with police presence, right, So if there's a large
Speaker 3: police presence in that city, then these things are more
Speaker 3: likely to happen. And where those things happen in the
Speaker 3: cities that there are predominantly people that look like myself
Speaker 3: and shoddy straight up.
Speaker 2: Yeah. And when you're talking about voting once again, you're
Speaker 2: talking about vot that's important. You have to It's not
Speaker 2: good enough just to vote. It's not good enough just
Speaker 2: you have to enact real policy change, Like these are
Speaker 2: real policy changes.
Speaker 3: Before they can even vote, right, Like I know that everybody,
Speaker 3: this is a year that the census has come out.
Speaker 3: You have to fill that out, y'all, Like you've got
Speaker 3: to fill that out, fill out the censors, let them
Speaker 3: know who you are, so then you can actually vote
Speaker 3: and actually get elected officials in the positions who have
Speaker 3: your best interest in mind. Man, people, I've seen people
Speaker 3: with this. It's like I got my senses. Whatever, what
Speaker 3: is that do with that?
Speaker 2: Another thing is that it could it could be legislation
Speaker 2: put in place where no financial institution can benefit. And
Speaker 2: if they are going to issue bonds, it has to
Speaker 2: be zero percent interest. That's the way. It's really no
Speaker 2: incentive for them to make your money. You're not going
Speaker 2: to issue a bond if it's zero percent interest. So
Speaker 2: it's gonna be extremely harder because now it's just easy,
Speaker 2: like all right, we get we get in trouble, we
Speaker 2: go to Wells Fargo. They're gonna cut us a check.
Speaker 2: We're gonna pay it back. It's not coming from us,
Speaker 2: it's coming from tax payers anyway, So who cares? WEALTHO
Speaker 2: doesn't care because they making money. The police department doesn't
Speaker 2: care because it's coming from the taxpayers. The only one
Speaker 2: that's that's brought in this bill is taxpayers. So not
Speaker 2: only a taxpayer is paying a salary of cops, they're
Speaker 2: paying for the mistakes of cops as well.
Speaker 3: Yeah, on a daily basis. And like that's the part
Speaker 3: that people really got to understand. Like if you're paying taxes,
Speaker 3: yeah it's cool, Like all right, we're paying for schools,
Speaker 3: but yeah, you're also playing for misconduct. Straight up.
Speaker 2: That's a fact man. So you know, it's it's it's
Speaker 2: it's a it's a crazy system. We can go on
Speaker 2: and on about this, but like I said, and it's
Speaker 2: like for those that are saying, like, all, we can't vote,
Speaker 2: I'm not saying I'm not we shouldn't vote. I'm not
Speaker 2: telling anybody what to do politically. We're not We're not
Speaker 2: a political show. I'm just saying as far as instead
Speaker 2: of just giving you problems, these are some real life
Speaker 2: solutions that you can now how you go about it,
Speaker 2: it's up to you. Like I said, we provide the
Speaker 2: information applications on you. You know, if you're a young leader,
Speaker 2: if you're an old leader, and if you you sparks something,
Speaker 2: whether it's through community mobilization, whether it's through boycotts to
Speaker 2: these or these institutions that that issue these bonds, whether
Speaker 2: it's through political action that can be debated for a
Speaker 2: different day, a different show. But you know, the first
Speaker 2: thing is to be aware of what's going on.
Speaker 3: So we went over that like all last week. We
Speaker 3: just kept saying that over and over. Everybody's like knowledge power.
Speaker 3: The more you know, the more you know. Yo. The
Speaker 3: real issue is that knowledge is power, want it's applied.
Speaker 3: So now that you have the knowledge, we've provided some
Speaker 3: knowledge for you, hopefully we peel back some layers that
Speaker 3: you were unaware of. Now it's up to you. Now
Speaker 3: what what do you do with this? What do you
Speaker 3: do with you got Where do you apply it?
Speaker 2: That's the fact. So in the next segment, we're gonna
Speaker 2: go we're gonna switch topics, but staying in the same lane,
Speaker 2: and we're gonna talk about investing. We're going talking about
Speaker 2: making money from a different twist, all right, So now
Speaker 2: we're gonna go into investing. That's what that's what we
Speaker 2: You know, people always tune into Shots Market Monday's number
Speaker 2: one stock show a whole vi shout out to wall
Speaker 2: St Trafford, bro shout out to everybody that we had
Speaker 2: on the show to talk about investing. Shot out to
Speaker 2: Quentin Martin. The first market show up we've ever done,
Speaker 2: and that was the over year ago, So we talked
Speaker 2: about investing a lot, right, but it's just like now
Speaker 2: we're in the time of being socially conscious. We're in
Speaker 2: the time of actually you know, and it does. Everybody's
Speaker 2: not socially conscious, but I'm just saying as far as
Speaker 2: a lot of people are starting to become socially conscious.
Speaker 2: So a lot of people grapple because we do. We
Speaker 2: did a show last week shout out the my song
Speaker 2: about you know the prison system yep, and it's like,
Speaker 2: I you know what I mean, Like I don't feel
Speaker 2: comfortable investing in in companies as invested in prison or
Speaker 2: it's like now it's police brutality and find out there's
Speaker 2: a whole financial play behind that.
Speaker 3: I think. I think that was so open the doors
Speaker 3: because like a lot of people didn't even realize that.
Speaker 3: And shout out to my song because I see him
Speaker 3: on the field and he was in Kentucky with the
Speaker 3: Breonna Taylor case and now he's in Minnesota with the
Speaker 3: George Floyd case too, So shout out to my song.
Speaker 3: Who's doing incredible work.
Speaker 2: Shout out to my song for sure. So all right,
Speaker 2: one thing that we have not talked about so far
Speaker 2: in the podcast is socially responsible investing. That's all right, Yes,
Speaker 2: socially responsible investing. So this is a interest in conversation
Speaker 2: because it's actually a really big thing and it's been
Speaker 2: around for a very long period of time. But so
Speaker 2: there are investors, right that have social hang ups about
Speaker 2: different things. Whether it be about the environment, whether it
Speaker 2: be about tobacco, whether it be about gambling, whether it
Speaker 2: be about war, another one, weapons of mass destruction, prison
Speaker 2: companies that benefit off of prison health.
Speaker 3: Healthcare, anybody invested in tobacco, alcohol.
Speaker 2: Women, a bunch of different things that people. So it's
Speaker 2: like a lot of times just like you know, some
Speaker 2: people and I'm not taking aside either way. Some people's like,
Speaker 2: you know, I'm ana invest and just get my bread,
Speaker 2: get my money, and it is what it is. And
Speaker 2: then some people was like, you know, I kind of
Speaker 2: want to still invest make money. I believe in that,
Speaker 2: but I still have some moral issues.
Speaker 3: Your moral compass is going that I don't.
Speaker 2: Necessarily want to invest in certain companies.
Speaker 3: Fair, Yeah, that's fair.
Speaker 2: I'm not saying it's not so so for that they're
Speaker 2: actually funds. There's actually funds. Now guy said that the
Speaker 2: financial when you start to learn about more about everything.
Speaker 2: It's something it's like ice cream. The's a different flavor
Speaker 2: for every single person. So there's actually funds, ETFs and
Speaker 2: mutual funds in place to four socially conscious investors.
Speaker 3: Yeah, I had to pull back the layers on this
Speaker 3: because I was like, what you texted to me? I'm like,
Speaker 3: I never heard of it. Let's do some research.
Speaker 2: Yeah for sure. So you know there there's there's a few.
Speaker 2: Like I said, so those are the different topics like environment, gambling, tobacco, alcohol, prison,
Speaker 2: social justice, and religion. That's a whole different conversation. We're
Speaker 2: gonna talk about that, but so just to kind of
Speaker 2: give you a few, there's es g U E s
Speaker 2: g U is an ETF, a socially conscious ETF that
Speaker 2: does not invest in any company that has anything to
Speaker 2: do with weapons, tobacco, jails, even though they actually did
Speaker 2: have a private prison in their ETF and then they
Speaker 2: found out and there was a mistake and they kicked
Speaker 2: it off. So it's like even that, it's like, you know,
Speaker 2: you find out you try to get the kosher hot
Speaker 2: dogs it was made in a pig slaughtering house. It's
Speaker 2: like it's so crazy, but so yeah, but yeah, that's
Speaker 2: a ETF, and that ETF has actually done pretty well,
Speaker 2: you know, considering because a lot of a lot of
Speaker 2: times the performance of these things aren't as high as
Speaker 2: other ones, but that one has done pretty well. It's
Speaker 2: fifty two week high is seventy five dollars, and it's
Speaker 2: fifty two week low was forty dollars a month ago.
Speaker 2: So in March it was forty dollars. Right now it's
Speaker 2: sixty eight, so it's it's it's up pretty nicely in
Speaker 2: a two in a two month timeframe. Another one is
Speaker 2: s SGA, which is a women diversity ETF and like
Speaker 2: investing companies that hire majority women or have women CEO,
Speaker 2: it's like it's focused around women. There's another one called
Speaker 2: c r b N which is a low carbon environmental
Speaker 2: friendly ETF. So there there's a variety. Like you can
Speaker 2: just google socially conscious funds and like kind of just
Speaker 2: play around with it in different filters and you can see, like,
Speaker 2: you know, what kind of fun you're looking for, you know,
Speaker 2: with the situation.
Speaker 3: It's interesting. It's interest because I'm thinking to myself, like,
Speaker 3: how many investors right are not willing to compromise their
Speaker 3: values to make money. And when you when I think
Speaker 3: of investors, I'm like, you know what, I think the
Speaker 3: more the moral thing is like they just want to
Speaker 3: make money. Yeah, they don't put everything else.
Speaker 2: I think. I think you know, people and myself included.
Speaker 2: You know, I'm not preaching from the choir. We can
Speaker 2: conveniently get blind, right, conveniently get blind because it's like,
Speaker 2: you know what I'm saying, Like you might see something,
Speaker 2: it's like it's not that bad.
Speaker 3: It's like like if you were anti war, right, and
Speaker 3: it was like, yeah, bones at ninety seven dollars, right,
Speaker 3: But I don't want to invest in any company that
Speaker 3: has deals with any making machines or any type of
Speaker 3: thing that can help in the development of weapons and
Speaker 3: masters to strut helping more. There goes that morale. It's like, wait,
Speaker 3: well this is a good buye, right, this this is
Speaker 3: a good buye at ninety seven dollars. Is it worth it?
Speaker 3: You know what I'm saying, Like, I think most people think,
Speaker 3: let's just make money.
Speaker 2: Oh, they just don't really think about it. You're thinking
Speaker 2: about it from that un the standpoint, it's like, yeah,
Speaker 2: you know, Boeing has government contracts. Are you thinking that
Speaker 2: maybe that government plane is sending a drone and killing
Speaker 2: an innocent child in Syria? You're not really looking too
Speaker 2: far into it. You could. It's available. It's a lot,
Speaker 2: it's a lot easier. This is what happens in a
Speaker 2: variety of different things. You don't you don't want to
Speaker 2: see certain things. Like you, you're walking down the alley,
Speaker 2: you see what's going on, you turn your you turn around.
Speaker 2: You walked out the way a lot of times. Most
Speaker 2: of the time, yeah, most of the time.
Speaker 3: I mean for your own safety a lot of time.
Speaker 2: And like I said, I'm not here to shame. We're
Speaker 2: not here to shame anybody.
Speaker 3: Nah.
Speaker 2: But but I'm just saying, I'm just you just want
Speaker 2: to provide them in for me.
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Speaker 2: Fation for some people that may want to take a
Speaker 2: higher level of morality in that standpoint, and may want
Speaker 2: to take a higher level of weeding out their investments.
Speaker 2: Just give them, Just give them. That's the thing we're
Speaker 2: we just hate it. Just provide information. A lot of
Speaker 2: time people don't fully understand that, and they don't they
Speaker 2: don't they don't even know that.
Speaker 3: That exist exactly. So it's like there are a lot
Speaker 3: of people in this I guess the quote unquote woke
Speaker 3: stage right. So it's like, yo, if you're woke, let
Speaker 3: it be in all assets of your life, right, not
Speaker 3: just in your individual things that you're doing on day
Speaker 3: to day, but even in investment. And this is one
Speaker 3: of those things like like you said, prior to this,
Speaker 3: I wasn't thinking about it. I had no idea, you
Speaker 3: know what I mean.
Speaker 2: It's so But then that brings it to another conversation
Speaker 2: we talked to get shot out to Mice on last
Speaker 2: week's episode was about the prison system. We didn't fully
Speaker 2: go into the finances of publicly traded companies, but so
Speaker 2: there's prison stocks, like private prison companies that are traded
Speaker 2: on the Stock exchange. So a few of them are
Speaker 2: cour Civic which is c x W, and g O Group,
Speaker 2: which is geo. That's there, that's the symbol.
Speaker 3: The crazy thing about cor Cific and this is crazy
Speaker 3: that you said that. We don't even speak about this,
Speaker 3: but dal Freeman shot out to Daal Freeman. If you
Speaker 3: don't know Daalk Freeman, google him. I tell you his background.
Speaker 3: But a very a very successful man in the world
Speaker 3: of technology.
Speaker 2: Uh.
Speaker 3: He called me. He said, y'all loved that episode. The
Speaker 3: actual the CEO of Courcific is my next door neighbor.
Speaker 2: Oh yeah.
Speaker 3: He was like, Yo, it's a big business and I'm
Speaker 3: glad y'all talked to you episode. Yep, loved it. Sent
Speaker 3: me the message and I was like, wow, that's incredible.
Speaker 3: He was like, Yo, it's a big business. It's a city. Literally.
Speaker 3: You got to think of these prisons, these private business
Speaker 3: as cities. They need everything that a city needs. And
Speaker 3: when you look at it like that, it's like damn.
Speaker 3: He's right. Yeah, and his next door neighbor is the
Speaker 3: guy who is in charge of that.
Speaker 2: Well, there you have it. So yeah, those are two
Speaker 2: private prison companies. Now. The crazy thing about those stocks,
Speaker 2: so it's been even on that episode, my song had
Speaker 2: said that private prison stocks skyrocketed after Trump got elected.
Speaker 2: That is true. Both of those companies I think went
Speaker 2: up over one hundred percent in the year following Trump's election,
Speaker 2: but they've actually been down for the last like three
Speaker 2: year and four years, Like their five year chart is
Speaker 2: not really impressive, which is a good thing. I mean,
Speaker 2: you know, but just wanted to throw that out there.
Speaker 2: We have to tell both sides of the story. So
Speaker 2: as an investment, they haven't really they're not booming. They're
Speaker 2: not booming right now.
Speaker 3: Which is good, which is good, which means that there's
Speaker 3: less people going to prison.
Speaker 2: Well, I don't know if there's less people going to prison.
Speaker 2: But for whatever reason, this stock is just not doing well.
Speaker 2: There could be a variety of different reasons why this
Speaker 2: stock isn't doing well, but the stock has not really performed.
Speaker 2: But what a lot of people don't fully understand is
Speaker 2: that a lot of people are invested in especially cor Civic.
Speaker 2: Up until last year, at the very least, a lot
Speaker 2: of people are invested in Corsific without even knowing it
Speaker 2: because through your four to one K, through your IRA,
Speaker 2: through your pension plan. So Vanguard and Blackrock were the
Speaker 2: two biggest holders I think they still are of private
Speaker 2: prisons stocks. Black Rock Vanguard, two of the biggest mutual
Speaker 2: fund companies. Everybody loves Vanguard because they have you know,
Speaker 2: it's what I'm saying, it's a lot of it's a
Speaker 2: lot of right and wrong in life. Right. People love
Speaker 2: Vanguard because it's like it's a no load fund and
Speaker 2: it's pretty much free to invest, and it's it's cheap,
Speaker 2: and they're the biggest hold of prison stocks. By the way,
Speaker 2: they also have a lot of four one K accounts.
Speaker 2: Black Rock has a lot of four one K accounts, right,
Speaker 2: so cour Civic c XW was in a lot of
Speaker 2: these probably still are, and a lot of these four
Speaker 2: one K make ups because when you invest in a
Speaker 2: four one K, nobody knows what they're invested in. The
Speaker 2: four one K you have probably three Like four one
Speaker 2: K is like a menu and they give you like
Speaker 2: twenty different options of how to invest right in twenty
Speaker 2: different funds. Now, within one fund, it's like one hundred
Speaker 2: different stocks inside of a fund. So if you have
Speaker 2: like three different funds, you have like three hundred different
Speaker 2: stocks inside of your fall one K that you're invested in.
Speaker 3: You can do research on all of them.
Speaker 2: Now, I guarantee you no nobody knows any of those companies.
Speaker 2: Nobody knows any of those companies, right because you never asks.
Speaker 2: It's not like just listed. As soon as when you
Speaker 2: they just tell you the name of the company. So
Speaker 2: it'll be like Vanguard twenty twenty fund or Vanguard High
Speaker 2: interest bond fund or Vanguard small Cap Value fund. Right,
Speaker 2: that's the name of the fund. But inside of the
Speaker 2: small cap value fund, it's about one hundred and forty
Speaker 2: different stocks.
Speaker 3: That's when you get that big pamphlet that comes to
Speaker 3: your house like that. Probably nobody ever goes through and
Speaker 3: there's a bunch of these stocks and you're like, all right,
Speaker 3: well did I make money or not? Pretty much?
Speaker 2: Pretty much?
Speaker 3: You know what I'm saying. Nobody's individually looking into one
Speaker 3: hundred and forty different stocks and then actually researching those
Speaker 3: stocks to see if they align with their values and moralities.
Speaker 3: It is not happening.
Speaker 2: No, it's not. But you can't say that you didn't
Speaker 2: know at least because we told you. So you know,
Speaker 2: if you're interested in it, you can do further research.
Speaker 2: But so, just wanted to talk about the prison thing
Speaker 2: because we did speak about that last week.
Speaker 3: And it's some other things to know about these srs.
Speaker 3: They tend to have a higher fee than regular funds,
Speaker 3: and so I was like, what doesn't make sense. Why, Well,
Speaker 3: the mutual fund has the person who's providing the fund
Speaker 3: actually has to do more research. So there's more work
Speaker 3: that the person has to do. Right, if they're gonna
Speaker 3: do things that match your core values and your moralities,
Speaker 3: it's like they have to find ethnical things that will
Speaker 3: work for you. So there's a little bit more research.
Speaker 3: So the fees tend to be a little bit higher.
Speaker 3: And there's a there's a site that you can go
Speaker 3: if you're into social fund uh social responsibility investing. Social
Speaker 3: funds dot Com is the website so you can go
Speaker 3: research on yourself. So that that's one thing that you
Speaker 3: should do. Obviously, do the research and then know your values.
Speaker 3: A lot of people don't know their own values, so
Speaker 3: like when they're trying to invest, it's like, well, I
Speaker 3: believe there's a know your own values before you're going
Speaker 3: to go into this type of fund, all right, so
Speaker 3: do the research. I just gave you the website. And
Speaker 3: another thing is a lot of times and we've said
Speaker 3: this website again Social funds dot Com, So you can
Speaker 3: go there on your own leisure and do some research there.
Speaker 3: But one of the things that it brought to my
Speaker 3: mind is like we talk about diversifying when we're investing, right,
Speaker 3: but like this type of fund doesn't. It kind of
Speaker 3: doesn't allow you to do that, right because if you're
Speaker 3: aligning everything with your values, isn't everything kind of going
Speaker 3: to be the same if.
Speaker 2: You No, No, you can invest in a variety of different
Speaker 2: companies that don't that still align with your values, like
Speaker 2: you know what I'm saying, could be different industries. Like
Speaker 2: it's just it's just harder, like you said, because it's
Speaker 2: like you've really got to go through every single fine
Speaker 2: come because it's like, all right, you're invested in a
Speaker 2: tech company, but is this tech company providing software for
Speaker 2: weapons of mass destruction? So now it's just so much
Speaker 2: more intensive research that you have to do, which is
Speaker 2: the fund manager's job. But you can still invest in
Speaker 2: a variety like you can invest in tech, you can
Speaker 2: invest in you know, farming, you can invest in financial institution,
Speaker 2: like you can invest in different companies. It's just that
Speaker 2: those different companies have to be in line with what
Speaker 2: you feel comfortable with.
Speaker 3: I would imagine that these funds are managed by very
Speaker 3: very small companies. This feels like a niche thing that
Speaker 3: like very small companies do.
Speaker 2: No, Actually, Vanguard has well right, right, right, you're right,
Speaker 2: you're right, Van Guard.
Speaker 3: That's a big one.
Speaker 2: So yeah, yeah, but so going to what you just
Speaker 2: said as far as the niche, so there's different layers
Speaker 2: of socially responsible fund as well. Like I said, your Legion,
Speaker 2: we just had to provide as much information as we
Speaker 2: possibly can till every because there's so many different types
Speaker 2: of people in this world. So you got the socially
Speaker 2: conscious people that don't want to invest in those things.
Speaker 2: But religion is a huge thing in this world, and
Speaker 2: now you have religious people who can't or do not
Speaker 2: want to invest in certain things because of their religion.
Speaker 2: So now you have funds for that. It's fun for everything.
Speaker 2: So you have Christian funds like Guidestone is a Christian fund,
Speaker 2: and that's dedicated to invest in companies that that have
Speaker 2: core Christian values. Kind of a vague situation, but you
Speaker 2: know that's what that's designed for. You can do some
Speaker 2: research and kind of forget out. Do you have av Maria,
Speaker 2: which is a Catholic fund. There's a few Catholic funds.
Speaker 2: So av Maria is Rising Dividend Fund, that's a that's
Speaker 2: one of their their popular funds, and that's a Catholic fund.
Speaker 2: So you know, Catholics, they're really big on like you know,
Speaker 2: abortion and a couple other things. That's like real sticklers
Speaker 2: for the Catholic Church. So they only invest in companies
Speaker 2: that align with Catholic values. And then so just coming
Speaker 2: off the month of Ramadan, we have a large listenership
Speaker 2: all over the world and that includes America, which is
Speaker 2: their huge Muslim population. There is a huge Muslim population
Speaker 2: in Africa, huge Muslim population in Europe of course the
Speaker 2: Middle East. So we have to say, as some malay
Speaker 2: them to all of the Muslims that that tune in.
Speaker 2: And one thing about Islam is that that's actually you know,
Speaker 2: part of the religion is sharia law. Sharia law, So
Speaker 2: people have a misunderstanding a lot of times what sharia
Speaker 2: law is. I'm not gonna go into a full but
Speaker 2: part of it is investing. Like there's actually guidelines, so
Speaker 2: it's not really up for like vague interpretation, like if
Speaker 2: you really are a hard line in the religion, there's
Speaker 2: financial guidelines of how you can invest. So like interest
Speaker 2: is outlawed in Muslim countries, so shouts our good friends
Speaker 2: in Egypt, and I was over the house yesterday and
Speaker 2: she was telling me that there's no there's no mortgages
Speaker 2: in Egypt. No mortgages in Egypt. You just buy the land.
Speaker 2: So interests, interest is outlaw. You're not allowed to charge
Speaker 2: anybody interest. That's one thing, right. Of course, if you're
Speaker 2: familiar with the religion, you know that. You know alcohol
Speaker 2: is outlawed, variety of different factors. Gambling, there's no gambling.
Speaker 2: Gambling is outlawed. So in Islam you have halal and haram.
Speaker 2: Haram is forbidden, Halao is allowable. That's like deemed okay,
Speaker 2: so now you.
Speaker 3: Have to actually look that up. That was crazy on
Speaker 3: the jail Etronic album.
Speaker 2: Okay, yeah, so now you have you have halal funds.
Speaker 2: One of the most popular funds is called a man
Speaker 2: of fund. So the man of fund is a mutual
Speaker 2: fund based around Sharia law which is halal and allows
Speaker 2: Muslims that if you want to, if you want to
Speaker 2: follow those guidelines, that you can actually invest and the
Speaker 2: amount of fund only invest in alal companies, meaning companies
Speaker 2: that don't partake in gambling, companies that don't partake and
Speaker 2: interest interest bearing accounts, companies that don't partake in alcohol,
Speaker 2: a variety of other things as well, So that that's
Speaker 2: something that is a big play as well, because like
Speaker 2: I said, I mean, no matter what religion you follow,
Speaker 2: if you're Jewish, they have culture funds as well. It's
Speaker 2: the same thing kulshure and halal kind of the same
Speaker 2: thing as far as like the meaning of it, where
Speaker 2: like Jewish people have like if you're a strict hardline
Speaker 2: jew you are only really supposed to indulge in kulshure.
Speaker 2: But kulture is more than just food.
Speaker 3: Right, I think that's that's a crazy misconception that people
Speaker 3: only think it's a food.
Speaker 2: Then the same thing with allow, like you see to
Speaker 2: allow guys or to allow truck. So people when they
Speaker 2: think about hallo, especially like if you live in New
Speaker 2: York City or like, like you're pretty popular, it's pretty popular,
Speaker 2: allow food. And that is a certain way where the
Speaker 2: food the animals like are you know, slaughtered and you
Speaker 2: say a prayer and certain things. The same thing with kosher,
Speaker 2: but that's only part of it. So like with the culture.
Speaker 2: That's the only part of it, like you know, as
Speaker 2: far as like then's the same kind of idea. And
Speaker 2: like I said, that's that's true with a variety of
Speaker 2: different religions where it's like, you know, depending on what
Speaker 2: religion you subscribe to, that might you know, have a
Speaker 2: play in how you choose to invest. So those are
Speaker 2: all things to think about as well.
Speaker 3: I know they're listening like Yo, damn shitty, sound like
Speaker 3: a history professor. This dude literally studies religion like no
Speaker 3: Joe and anybody that knows has ever had a conversation
Speaker 3: with him, they know, like he loves talking about religion.
Speaker 3: Shout de val who always brings it up. She always
Speaker 3: talks about how you've taught us so much about the world.
Speaker 3: But yeah, I know, this is one of your sweet points.
Speaker 2: So history has been my favorite subject since I was
Speaker 2: a little kid.
Speaker 3: Definitely.
Speaker 2: I took a history of religion class when I was
Speaker 2: in college and I never study, never got one broken,
Speaker 2: got an A plus because I just already knew so
Speaker 2: much about religion, all religions. I'm just fascinated by you know,
Speaker 2: I think it's interesting to learn about Christianity, Islam, Judaism,
Speaker 2: Buddhism seek. I have friends that are all different religions,
Speaker 2: and you know, for me personally, I don't think that
Speaker 2: there's any one religion that is reigned supreme, whatever you know,
Speaker 2: you feel comfortable with. I'm not here to judge, but
Speaker 2: I just you know, I always found religion interesting because
Speaker 2: I realized how how touchy it is, and it's like
Speaker 2: people die over their religion. People will kill you over
Speaker 2: their religion, and it's like you can't play around. That's
Speaker 2: why we don't really talk about religion too much.
Speaker 3: Some people don't want to be separated from.
Speaker 2: You can't play around with religion. So it's like it's interesting,
Speaker 2: It's interesting to me, and it's fascinating. So I try
Speaker 2: to learn as much about religion as I possibly can
Speaker 2: because I feel like a lot of times, most of
Speaker 2: the time, we just we follow whatever religion we're born into.
Speaker 2: And that's not really a belief system. That's more superstition.
Speaker 2: When you when you believe in something that you don't
Speaker 2: fully understand, is superstition.
Speaker 3: You've been You've been bred to believe that.
Speaker 2: Stevie Wonder said that, So now when you have a
Speaker 2: full understanding of things, not only does it open your
Speaker 2: perspective and make you more open to the world. But
Speaker 2: at least even if the thing that you do fully
Speaker 2: believe in, you can actually believe in it as opposed
Speaker 2: to just doing it because everybody in your family does
Speaker 2: it and you feel like you're going to be cursed
Speaker 2: if you don't do it.
Speaker 3: You've been you've stunned the research on your own, You've
Speaker 3: allowed yourself to critically think, You've allowed yourself to analyze,
Speaker 3: and like, that's the goal in life, right, allowed yourself
Speaker 3: and allow others to freely think and freely choose. You
Speaker 3: know what I'm saying, Like I think that is as
Speaker 3: an educator, like that's the number one thing I'm looking for.
Speaker 3: Can I allow these students to critically think for themselves?
Speaker 3: And we should have that same mindset when it comes
Speaker 3: to our family and our children.
Speaker 2: That's a fact. So the last thing with the stocks,
Speaker 2: this is pretty disturbing and it's all a financial place.
Speaker 2: So now people might want to invest in black owned companies.
Speaker 2: It's like black who are then invest in black But
Speaker 2: from an investing standpoint, it's like what if I want
Speaker 2: to invest money in the stock market, but I want
Speaker 2: to invest in black owned companies.
Speaker 3: A lot of people want to do that, right, but
Speaker 3: we we buy black.
Speaker 2: Shout out to them, Yeah, shout out to we buy black.
Speaker 2: Those my people, good good people.
Speaker 3: Yeah.
Speaker 2: So all right, it's like a black owned fund. I
Speaker 2: couldn't find any. I could like a black ETF or
Speaker 2: a black mutual fund that only had black companies.
Speaker 3: Couldn't find anything. Yeah, and maybe there are awesome. I
Speaker 3: couldn't find any either, but maybe there are some.
Speaker 2: Well. I think the reason why there are none that
Speaker 2: I could find is that out of four thousand stocks
Speaker 2: on the New York Stock Exchange, twelve are black companies. Twelve.
Speaker 2: That is so disturbing that that's a whole different conversation.
Speaker 2: You're talking about economic and that's what people don't fully understand.
Speaker 2: It's like black people are so far behind. It's just
Speaker 2: it's almost it's amazing. It's like it's like running a
Speaker 2: marathon and you like twenty three miles in and you
Speaker 2: just started the race, and somebody else is twenty three
Speaker 2: miles in.
Speaker 3: So it's like we're on a treadmill. There's a marathon
Speaker 3: going on, were on a treadmill.
Speaker 2: That's not even one percent, that's less than one percent
Speaker 2: of twelve twelve out of four thousand companies are publicly traded.
Speaker 2: So you were talking about economic empowerment, and it's like
Speaker 2: a lot of times it's on a broader on a
Speaker 2: small scale when you start looking at it from a
Speaker 2: large scale as far as like companies and billions of
Speaker 2: dollars and things of that nature, and like publicly traded companies,
Speaker 2: there's twelve out of four thousand, like diversity.
Speaker 3: I mean, it's crazy. And during the research, I actually,
Speaker 3: you know, I was proud to find out that I'm
Speaker 3: actually invested in one, well not invested, but I do
Speaker 3: business with one at least, And I was I'm looking
Speaker 3: at the other ones. I'm like, I don't even know these.
Speaker 3: I don't even know these, So you want to run
Speaker 3: down field?
Speaker 2: Yeah, I got four that I people might know. Citizens
Speaker 2: with their symbol is c z b S.
Speaker 3: That's what I actually have my mortgage through. So not
Speaker 3: that I'm invested in it, but we do business together. Yeah.
Speaker 2: Citizens is a black owned bank.
Speaker 3: Yeah.
Speaker 2: For one, like the number four one, and that is
Speaker 2: formally used to be Urban one, which is a radio. No,
Speaker 2: it's Urban one. For to one is Urban one, and
Speaker 2: it used to be Radio one. Okay, it's a radio syndicate.
Speaker 2: No no, RLJ, which is a larging lodging company owned
Speaker 2: by Robert Johnson, former owner of BT, former owner of
Speaker 2: the Bobcats.
Speaker 3: Yep. First billionaires, black billionaire.
Speaker 2: Yeah, I think so. And then Carver Bank another black owned.
Speaker 2: There's a few black owned banks. Yeah, Carver Bank, which
Speaker 2: is encouraging that they have.
Speaker 3: We have black owned banks that are being publicly traded.
Speaker 2: That's important. You want to list a few others.
Speaker 3: Well, we have the same one so but.
Speaker 2: So yeah, so but so. Not only is this discouraging
Speaker 2: as there's only twelve, even more so discouraging than that.
Speaker 2: It's like you look at these charts, look at all
Speaker 2: of their charts. None of them have good charts, none
Speaker 2: of them. None of them. You look at Ian's technical analysis,
Speaker 2: would be buys. As far as if you want to
Speaker 2: make money, they've all they haven't. They don't. They're not
Speaker 2: doing well. As far as on the stock. The stock
Speaker 2: has not done well for five years, looking at the
Speaker 2: five year chart, and it's not good.
Speaker 3: And it's going to be tough to find there a
Speaker 3: lot of these companies have a ten year charge or
Speaker 3: twentieth even sometimes it goes back to the history thirty
Speaker 3: year chart. A lot of these companies that doesn't exist.
Speaker 3: It just doesn't exist.
Speaker 2: Yeah, I don't even know what to say about that.
Speaker 2: That's just that's something just to like as far as
Speaker 2: working forward to something.
Speaker 3: But that's I mean, a lot of that has to
Speaker 3: do with a lot of systematic things that were put
Speaker 3: in place so that it couldn't exist. We won't want
Speaker 3: to ignore that fact, right, So having our own private
Speaker 3: own company, or even having a black owned bank systematically
Speaker 3: in America for years, that wasn't even a possibility. So
Speaker 3: there are reasons why we don't have a long history
Speaker 3: of it. So let's not ignore that fact. But like
Speaker 3: I said, when we go back to the history of
Speaker 3: some of these companies that we look at, we do
Speaker 3: look at the ten year chart, we do look at
Speaker 3: twenty year or the history of the company's chart, and
Speaker 3: that's just not available right now for these companies.
Speaker 2: Yeah, so you know that's some information if you're interested
Speaker 2: in socially responsive funds, religious funds, black owned companies, you know,
Speaker 2: just a different different take on investing because we talk
Speaker 2: about investing a lot. So we just want to just
Speaker 2: give people a different a different take on it, and
Speaker 2: you can kind of do whatever you want with the information,
Speaker 2: but it you know, hopefully that that that shines some
Speaker 2: light good and bad, good and bad, because everything's not
Speaker 2: gonna be a good story. Yeah. Sometimes, you know, it's
Speaker 2: just the news is just that we have to just
Speaker 2: report what it is. And it's not always it's not
Speaker 2: always encouraging, but sometimes you need stuff that's not encouraging
Speaker 2: to encourage you. So hopefully some of the information, especially
Speaker 2: with the black owned publicly traded company, hopefully somebody listening
Speaker 2: to this and make it a goal and have it
Speaker 2: and have their company be the stock that everybody wants
Speaker 2: to invest in, not just a token company that's on
Speaker 2: the stock echange that nobody's invested in that is just
Speaker 2: going nowhere. We not only my goal is to have
Speaker 2: a publicly traded company. My goal is to be bigger
Speaker 2: than Amazon, bigger than Apple, bigger than Google.
Speaker 3: We need that type aspiration in our community. We need it.
Speaker 2: Why not somebody gotta do it.
Speaker 3: Yeah, we make these We make a lot of those
Speaker 3: companies what they are, so we can make our own.
Speaker 2: That's a fact, all right. So in the next time,
Speaker 2: we're going to bring it home with some marketing, all right,
Speaker 2: So we're gonna wrap it up with some conversation about
Speaker 2: marketing around social injustice, social issue things of that nature.
Speaker 3: So you want to take the lead on that, yeah, man,
Speaker 3: I mean we've we've seen companies in the past, especially Nike,
Speaker 3: when they stood by Colin Kaepernick and had his whole
Speaker 3: campaign during the social injustice and him taking the knee,
Speaker 3: and we saw the backlash from that from pretty much
Speaker 3: half of the country didn't agree with it. And then
Speaker 3: this day and age with the George Floyd case, Uh,
Speaker 3: we've seen that these companies are taking the stance again.
Speaker 3: Not only is Nike doing the for the first time
Speaker 3: Don't Do It campaign, which talks about don't turn a
Speaker 3: blind eye into to racism, don't turn a blind eye
Speaker 3: to police brutality. And it's something that I've been expressing
Speaker 3: all week, really like, if you don't stand by me,
Speaker 3: if you care about me, if you care about Shaddy,
Speaker 3: and you don't feel angered and outraged by what's happening,
Speaker 3: then do you really love us? You know what I'm saying.
Speaker 3: So not to say that Nike does, but the fact
Speaker 3: that they've even spoken, but I know Lebron James has
Speaker 3: done a tremendous job about speaking up about these issues
Speaker 3: and continues to and there's a lot of other athletes
Speaker 3: that do as well. But now we see that Adida
Speaker 3: has decided they want to jump in the campaign and
Speaker 3: showed unity by I think they tweeted what Nike had
Speaker 3: put up, which was which was dope. I thought it
Speaker 3: was dope to see those two companies come together. But
Speaker 3: then Rebok, which I thought was probably one of the
Speaker 3: better messages that I've seen, and their campaign was without
Speaker 3: the black community. Rebok wind exists without the black community.
Speaker 3: The world when America wind exists, And.
Speaker 2: I was like, the world wouldn't exist.
Speaker 3: The world the world went exist, but they put America
Speaker 3: when exists. But we know that the world wouldn't exist.
Speaker 3: So the country that we live in obviously was built
Speaker 3: on the back of our ancestors. So to hear, you know,
Speaker 3: these companies say that, and more of the companies need
Speaker 3: to say that.
Speaker 2: Right.
Speaker 3: It's not just because like, oh wait, they were looting targets. Now,
Speaker 3: Target should make a statement, now this is happening in Minnesota,
Speaker 3: the headquarters of your company. You should have a statement, right,
Speaker 3: you should be saying something. You should be standing with
Speaker 3: these people because of an injustice to me, should be an
Speaker 3: injustice to.
Speaker 2: You, right, injustice to some as an injustice to all.
Speaker 2: And I feel like if you have a responsibility to
Speaker 2: say something, is it thin line? Because it's like some
Speaker 2: people say, like, all right, you don't want to exploit
Speaker 2: a situation, right, but also you have to address it.
Speaker 2: You have to address it.
Speaker 3: Yeah, Silence almost Like I keep seeing this, and we've
Speaker 3: been saying that for a long time. Silence in most
Speaker 3: cases equals complicency, right, So if you're not saying anything,
Speaker 3: then it means you're complicent, right that you must not
Speaker 3: feel a way or you agree with what is happening.
Speaker 3: So anybody in this, especially in this past week or
Speaker 3: so and for years, because like I said, this has
Speaker 3: been going on like we were born into this, you
Speaker 3: know what I'm saying, Like we've been born into this.
Speaker 3: We don't seem police brutality from nineteen ninety one with
Speaker 3: Rodney King up until this week, and it's like this
Speaker 3: isn't new to us. So for people to continuously ignore it,
Speaker 3: con sideriously have no stance on it, or continuously try
Speaker 3: to victimize the victims. That happens a lot, like we
Speaker 3: victimize the victims of these strgedies. It's crazy to me.
Speaker 3: So it's it's good to see that some companies stepping up.
Speaker 3: I think more.
Speaker 2: I think every company needs to step up and say something.
Speaker 2: And the companies that don't step up and say something,
Speaker 2: take note the entertainers and athletes and things. And I
Speaker 2: wanted to talk about this too because it's like a
Speaker 2: lot of times people don't understand. It's like I put
Speaker 2: this on Instagram. It's like having money does not equate
Speaker 2: to having freedom. And we learned that big different. We
Speaker 2: made a lot of relationship with NFL players, and we
Speaker 2: was hanging out with NFL player last summer and he
Speaker 2: was telling us around the time with Callan Kaepernick, like
Speaker 2: most NFL players are not wealthy. They're like, you know,
Speaker 2: one hundred five hundred thousand, maybe seven hundred thousand, but
Speaker 2: in the grand scheme of things, that's not that that's
Speaker 2: not real money, and it's like they can't afford to
Speaker 2: lose their job. So he was like his owner, the
Speaker 2: owner of that team that he was playing on, came
Speaker 2: out and said she didn't want anybody taking a knee
Speaker 2: they don't agree with that?
Speaker 3: Better not Yeah, pretty much like straight up.
Speaker 2: In fact, Jarry Jones said that I shouldn't do it. Yeah,
Speaker 2: he did say that.
Speaker 3: And what Dak Prescott and Zeke Elliott do They stood
Speaker 3: up felling the felling a line yep.
Speaker 2: And so one of his teammates actually decided to take
Speaker 2: a knee, and not only was he released from the
Speaker 2: team the next day, his father, who was a bus.
Speaker 3: Driver or some kind of totally different states.
Speaker 2: Civic job in a different state, was fired. So this
Speaker 2: is the kind of pressure that a lot of these
Speaker 2: entertainers and athletes. So it's like, when you're looking at it, entertainer,
Speaker 2: First of all, I have an issue with entertainers and
Speaker 2: athletes being looked at as leaders. And anybody knows me, no,
Speaker 2: I love entertainers and athletes, but it's like, if you
Speaker 2: devote your life to entertaining us, or if you devote
Speaker 2: your life to being an athlete. I wasn't really mad
Speaker 2: what Michael Jordan said about like, my main focus in
Speaker 2: my life was being a basketball player. That's not really
Speaker 2: an issue for me. The issue is that we expect
Speaker 2: him to be a political leader. There are political leaders,
Speaker 2: there are doctors, there are scientists, there are financial people.
Speaker 2: So it's like, I'm not saying that we shouldn't celebrate
Speaker 2: our athletes and entertainers. The problem comes in when they
Speaker 2: are celebrated one thousand times more than our engineers, our doctors,
Speaker 2: our lawyers, our financial leaders are politicians, because now you
Speaker 2: marginalize those people who really do have something.
Speaker 3: To exactly, and that was what and that's what Mike
Speaker 3: said too, to his credit, not that I agree or
Speaker 3: disagree with it, but he was like, I didn't speak
Speaker 3: on it because I don't have enough knowledge. That's not
Speaker 3: what I don't I play ball. I'm saying.
Speaker 2: I'm not saying to make myself look crazy. I'm not
Speaker 2: a politician. I'm not a doctor, a scientist. I'm a
Speaker 2: basketball player.
Speaker 3: We're not asking, yo, Aaron Judge, what do you think, Like, No,
Speaker 3: that's not what you're here to play baseball? Play baseball. Yeah,
Speaker 3: you can have an opinion if you like to speak up, great,
Speaker 3: I'm not counting on you to speak up.
Speaker 2: And that only happens in our community. Malcolm said that
Speaker 2: over fifty years ago, only in the black community when
Speaker 2: issues come up, do athletes and entertainers take the front line.
Speaker 2: And it's not wrong that because some of our greatest
Speaker 2: athletes going Lebron James kudos to him, Muhammad Ali kudos,
Speaker 2: Sammy Davis Jr. Had a lot to say.
Speaker 3: Jackie Robbins, Jackie Robbins.
Speaker 2: It's a bunch of people that have taken political stances,
Speaker 2: whether it's through a variety of different actions, and we
Speaker 2: salute that. I'm not trying to downplay entertainers or athletes.
Speaker 2: What I'm saying is that stop putting so much emphasis,
Speaker 2: stop over celebrating these people, and over having over expectations
Speaker 2: for these Like you're expecting people who are not qualified
Speaker 2: nine times out of ten to speak on your behalf
Speaker 2: just because they're famous. Right. So it's like if we
Speaker 2: had political figures, if we had business figures, if we
Speaker 2: celebrated other people who are more qualified, who dedicated their
Speaker 2: life to learning about issues that can speak intelligently, if
Speaker 2: we celebrated them and elevated them, and we do sometimes,
Speaker 2: like I said, ear your Leader is a perfect example
Speaker 2: that you know, we definitely appreciate all of the support
Speaker 2: that we have gotten, but I'm just saying, just to
Speaker 2: keep it in perspective during these times, is that not
Speaker 2: only do you sho should you pay attention of who's
Speaker 2: saying what, but stop putting all of your expectations on
Speaker 2: people that are here to entertain. That's their job to
Speaker 2: entertain us. So as an entertainer, you are here to
Speaker 2: nine times out of ten entertained. You can't expect that
Speaker 2: person and you shouldn't be looking to that person to
Speaker 2: be your political or economic voice. Be your own economic voice,
Speaker 2: be your own political voice.
Speaker 3: We have the power to do it, we have the
Speaker 3: knowledge to do it right. It makes no sense why
Speaker 3: we shouldn't do it while we were not doing it right.
Speaker 3: We need to celebrate, like you said, celebrate the people
Speaker 3: who actually are doing the work. Tamika Mary. I thought
Speaker 3: I saw her on CNN. I was like, Yo, that's powerful.
Speaker 3: Like I love her voice. She's speaking for a community's
Speaker 3: speaking for a generation of people. Like we said, what
Speaker 3: my son's doing, What Stephen Jackson was doing in Minneapolis,
Speaker 3: I thought it was incredible. He actually had a relationship.
Speaker 3: I came to find out with George Floyd. These people
Speaker 3: are They're not You're not looking for them. They're showing themselves.
Speaker 2: To us and throughout history. And like I said, because
Speaker 2: like poets have always been celebrated, Like we listened to
Speaker 2: rap every single day, but there was never a point
Speaker 2: in time where Shakespeare was more powerful and more valued
Speaker 2: than Caesar. Right, Like, that's not how civilizations work. That's
Speaker 2: not how civilizations work.
Speaker 3: We don't.
Speaker 2: There's levels, right, there's levels of appreciation. There's levels for
Speaker 2: people that should be elevated. And like I said, there's
Speaker 2: always been entertainers, athletes, There's always been poets, musicians, artists.
Speaker 2: But the problem, and this is when civilizations start to fall.
Speaker 2: When when Rome built the coliseum, that's to keep people distracted, right,
Speaker 2: And it's like entertained. So now you're entertaining these people,
Speaker 2: and they lose track of what is really important.
Speaker 3: Right, the gladiator becomes the figure.
Speaker 2: Right, So and that's done intentionally to keep you off
Speaker 2: what's really going on. And this is done throughout civilizations
Speaker 2: throughout history. So just pay attention to that, keep that
Speaker 2: in mind, and understand the level of appreciation that you
Speaker 2: have for these entertainers. You should have that same level
Speaker 2: of appreciation for other people because, as Derry Falcon said,
Speaker 2: the entrepreneurs, the creatives are our future. This is why,
Speaker 2: this is why un your Lisha is so important. The
Speaker 2: political figures, the entrepreneurs, the creatives, those are our future
Speaker 2: because as he said, I don't care how fast you
Speaker 2: can jump, how far you you're gonna retire. An athlete's
Speaker 2: career is four to five years if that, if they're lucky,
Speaker 2: a good rapper might have a three year run. If that,
Speaker 2: I don't care how many words you can put together.
Speaker 2: Eventually you're not going to be hot. No more so,
Speaker 2: what's more important than somebody getting in a booth and
Speaker 2: being able to put together words that can rhyme is
Speaker 2: somebody that can actually pay that person.
Speaker 3: For that economic empowerment, economic freedom. Like that's it, Like
Speaker 3: we have to get to that point where like Yo,
Speaker 3: that needs to be celebrated, that needs to be elevated
Speaker 3: and celebrate on educator too, Like they're the ones that
Speaker 3: are passing right with They're passing the message on, they're
Speaker 3: passing the knowledge on that can be a later applied
Speaker 3: break them the same way that we do a lot
Speaker 3: of these celebrities.
Speaker 2: Sure, so this was this was this was a dope
Speaker 2: episode to startpe for me. You know, it's like everybody else,
Speaker 2: you know, we're going through a lot right now. And
Speaker 2: it was just good just to get out here and
Speaker 2: get some information to the public. Hopefully you guys were
Speaker 2: able to take some some some some information from this.
Speaker 2: That's the baility of this man and utilize it.
Speaker 3: That'sability of it. Like we didn't have to say like, Yo,
Speaker 3: we need to Yo, we're gonna go do this, Like
Speaker 3: all right, let's do it today. We're now waiting, like
Speaker 3: I know, you know, people were like, hey, what's just
Speaker 3: this is our stands, like we recorded it as we
Speaker 3: all now to apply some information and make some changes
Speaker 3: that y'all want.
Speaker 2: To see for sure.
Speaker 3: So Troy, yeah, yeah, you know. We we usually you know,
Speaker 3: shout out what we're doing. But more importantly, since this
Speaker 3: is like a state of the emergency state of the
Speaker 3: Union for our community, we wanted to highlight some other people.
Speaker 3: And I think it would be more appropriate for us
Speaker 3: to acknowledge some other funds that are happening right now
Speaker 3: in America and that ca help our community. So you
Speaker 3: want to start with the first one, you can start,
Speaker 3: all right, So first and foremost I did the research
Speaker 3: and decided, you know, the Minnesota Freedom Fund. I think
Speaker 3: everybody should be aware of what that is. A lot
Speaker 3: of that is going on in Miniapis right now. And
Speaker 3: what that fund does is it bails out people who've
Speaker 3: been arrested for political protests. So they're small bails, but
Speaker 3: a lot of people are being arrested because a lot
Speaker 3: of them are peacefully protesting. I want to I don't
Speaker 3: want you all get confused and think that our people
Speaker 3: are rioting. A lot of our people are peacefully protesting.
Speaker 3: The media has portrayed in a certain light. Yes, there
Speaker 3: are people who are doing other things, but for the
Speaker 3: people who are peacefully protesting, the Minnesota Freedom Fund bails
Speaker 3: those people out. And I think it would be appropriate
Speaker 3: for us to acknowledge the George Floyd Fund. His family
Speaker 3: fund is a gofund me fund. If you could donate
Speaker 3: to that, it goes directly to the family. I know
Speaker 3: they over five million dollars already right now. We can't
Speaker 3: forget that that is somebody's husband, that is somebody's father,
Speaker 3: that is somebody's son. And you know, his last words
Speaker 3: and this hit me yesterday when we were doing the research.
Speaker 3: His last words were, you know, I can't breathe and
Speaker 3: calling for his mom. I didn't even know that his
Speaker 3: mom had passed away two years ago, so that hit
Speaker 3: me so hard, knowing that in his last moments he's
Speaker 3: crying to reach his mom who had passed away literally
Speaker 3: to the day. I think the anniversary of your fur
Speaker 3: death was this week, So you know, donate to that.
Speaker 3: We will be doing that and we encourage you to
Speaker 3: do the same.
Speaker 2: Yeah, stay safe out there, stay encouraged, stay healthy, and
Speaker 2: once again recipes to all of the people that have
Speaker 2: full victim of police brutality throughout the last three hundred years,
Speaker 2: four hundred, four hundred years in the United States of
Speaker 2: America and all over the world. Thank you guys for
Speaker 2: rocking with us. We'll see you next week. Peace.
Speaker 3: Peace.
Speaker 4: An illegal alien from Guatemala charged with raping a child
Speaker 4: in Massachusetts. An MS thirteen gang member from El Salva
Speaker 4: accused of murdering a Texas man of Venezuelan charged with
Speaker 4: filming and selling child pornography in Michigan. These are just
Speaker 4: some of the heinous migrant criminals caught because of President
Speaker 4: Donald J. Trump's leadership. I'm Christy Noman, the United States
Speaker 4: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 4: crossings are at the lowest levels ever recorded, and over
Speaker 4: one hundred thousand illegal aliens have been arrested. If you
Speaker 4: are here illegally, your next you will be fined nearly
Speaker 4: one thousand dollars a day, imprisoned, and deported. You will
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Speaker 4: Do what's right. Leave now. Under President Trump America's laws,
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