WEBVTT - Ep 218 - Financial Double Dutch 0:00:16.400 --> 0:00:22.680 So we are back. We are back, we are black, 0:00:22.880 --> 0:00:28.800 we are brand ambition. It's Tiffany, It's Mandy good. 0:00:28.640 --> 0:00:32.840 Day, wow, epic jazz hands. Also, was that the tune 0:00:32.840 --> 0:00:33.200 of Bee? 0:00:34.240 --> 0:00:36.080 Yes? Okay? Good? 0:00:36.200 --> 0:00:39.000 Were you also thinking about Beauty and the Beast randomly today? 0:00:39.000 --> 0:00:41.640 Because I found myself thinking about it a lot today 0:00:41.680 --> 0:00:44.280 And what a busted story that is for young girls. 0:00:45.120 --> 0:00:46.839 You know what? I was thinking about it because I 0:00:46.920 --> 0:00:49.559 was thinking about as reading an article right before we 0:00:49.560 --> 0:00:54.320 got on that incident with the woman walking her dog. 0:00:54.600 --> 0:01:01.200 Oh yeah, Karen Central Park Karen hashtag single park Karen. Yes, Wow, wow, wow, wow, 0:01:01.240 --> 0:01:01.680 wow wow. 0:01:01.880 --> 0:01:06.160 Can we not get through a national holiday without without 0:01:06.160 --> 0:01:08.000 a story? This is so sad and the fact that 0:01:08.040 --> 0:01:13.160 it happened in New York to racism or Karens. A 0:01:13.200 --> 0:01:16.000 lot of Karens move here from other places, you know, 0:01:16.200 --> 0:01:19.480 to fulfill their dream their dreams. It puts them in 0:01:19.480 --> 0:01:21.039 the path with a lot of brown people and then 0:01:21.040 --> 0:01:24.560 we have these situations. So but yeah, what a should show. 0:01:24.920 --> 0:01:28.640 Let's talk about it. Yeah, let's also talk about the 0:01:28.680 --> 0:01:30.919 connection between that and Beauty and the Beast for a second. 0:01:31.959 --> 0:01:33.920 Well, because I was thinking to myself, like, she's in 0:01:33.959 --> 0:01:36.839 the that she was in the woods. Like it literally 0:01:36.880 --> 0:01:38.440 was like still on my computer. So I just was 0:01:38.480 --> 0:01:40.320 thinking like she was in the woods and I don't know, 0:01:40.720 --> 0:01:43.520 and it just had me thinking like be I guess, 0:01:43.880 --> 0:01:46.280 you know, just so many leaps that my brain made. 0:01:46.319 --> 0:01:48.400 But I mean, I'm with you on the journey, even 0:01:48.440 --> 0:01:50.560 if I don't know where we're going. I'm always with you, 0:01:50.720 --> 0:01:51.160 ride or. 0:01:51.120 --> 0:01:55.480 Die, tip a. But honestly, she could not have except 0:01:55.480 --> 0:01:57.280 she has the beast for the pack of wolves, and 0:01:57.320 --> 0:02:01.280 he's like Bell, Yes, exactly, he's the bell in the analogy. 0:02:01.320 --> 0:02:03.240 I'm with you now, gotcha? 0:02:03.440 --> 0:02:06.480 Because I'm just like, ma'am, it's just and you know what, 0:02:06.600 --> 0:02:08.800 I guess what really is? Well, let's just say because 0:02:08.800 --> 0:02:12.520 not everybody knows. So there's a woman named Amy Cooper 0:02:12.840 --> 0:02:16.200 because black Twitter has done its hissing, and they found 0:02:16.200 --> 0:02:18.600 that woman within twenty four hours, and I fired, Wait, 0:02:19.600 --> 0:02:21.840 I mean, could they erase student alone that? Because black Twitter, 0:02:21.919 --> 0:02:23.200 y'all just do what to do all the things? 0:02:23.919 --> 0:02:26.920 Girl lost her job, her livelihood. Has issued an apology 0:02:27.200 --> 0:02:29.080 that's from like what the headline in the New York 0:02:29.120 --> 0:02:32.160 Times has changed like ten times today to update the story. 0:02:32.919 --> 0:02:37.040 Yes, and then gave her dog back to the to 0:02:37.080 --> 0:02:40.240 the shelter. So apparently she was in this place called 0:02:40.280 --> 0:02:42.600 I've been I've been to Sycho Potential Park before, but 0:02:43.080 --> 0:02:46.520 there's a section called the Ramble, which I guess is 0:02:46.680 --> 0:02:50.639 specifically known for bird watching, and you were supposed to 0:02:50.840 --> 0:02:53.920 put your your dog on a leash, which sounds reasonable 0:02:53.960 --> 0:02:57.480 because you know people. And so a gentleman named Christian 0:02:58.320 --> 0:03:02.799 who was bird watching asked her to put her dog 0:03:02.840 --> 0:03:08.040 on a leash, and Amy became enraged because how dare 0:03:08.080 --> 0:03:11.520 you tell her what to do? Begins to I guess 0:03:11.720 --> 0:03:15.480 rate him and quickly realizes, she know what, I don't 0:03:15.520 --> 0:03:18.160 have to do whatever you want. I'm actually going to 0:03:18.160 --> 0:03:22.000 call the police and I'm going to say, She literally 0:03:22.080 --> 0:03:25.320 says with her mouth, do you know the level like 0:03:25.400 --> 0:03:28.280 this is peak Karen level that you are literally being recorded. 0:03:28.320 --> 0:03:31.520 You can see it and for you to say, watch 0:03:31.560 --> 0:03:33.960 what I do as you record me, I'm going to 0:03:34.000 --> 0:03:37.400 call the police and say an African American man is 0:03:37.440 --> 0:03:41.440 threatening my life. She's saying this Basically, I'm gonna see 0:03:41.440 --> 0:03:43.240 if I can get you potentially hurt. Today. 0:03:43.280 --> 0:03:45.360 It almost she seemed like a threat, didn't it, Like 0:03:45.440 --> 0:03:47.840 I'm gonna make sure to tell them you're African Americans, 0:03:47.920 --> 0:03:50.040 so that they come with their guns. Ready, That's what 0:03:50.280 --> 0:03:52.600 and I'm reading I'm reading into it, but it seemed 0:03:52.640 --> 0:03:54.920 like that was the truth threat, not just that I'm 0:03:54.920 --> 0:03:56.400 gonna call the cops, but I will let them know 0:03:56.520 --> 0:03:57.680 of course, that you're a man. 0:03:57.720 --> 0:03:59.080 Well, the fact that she said, because who says an 0:03:59.080 --> 0:04:01.920 African American man? Like if it was just a regular 0:04:02.520 --> 0:04:03.800 she would have just want, like, I'm gonna tell a 0:04:03.800 --> 0:04:05.720 place a guy threatening me. But the fact that she 0:04:05.800 --> 0:04:08.360 said an African American man, it was very much can 0:04:08.400 --> 0:04:10.120 from across the street. Remember I told you, remember we 0:04:10.200 --> 0:04:13.680 talked about how yes, my my husband's twin. Yeah, very 0:04:13.760 --> 0:04:16.000 much like call the police. That's what that was. It 0:04:16.040 --> 0:04:20.440 was weaponizing whiteness. She knew exactly what she was doing, 0:04:20.760 --> 0:04:23.800 and she knew that he knew what that meant like, 0:04:24.160 --> 0:04:25.680 and she says like, like, I guess she you know, 0:04:25.800 --> 0:04:28.240 she's issued a weak apology. Basically, she's like, I was 0:04:28.520 --> 0:04:31.320 I was afraid that. Did you watch the video? She 0:04:31.360 --> 0:04:33.640 didn't look afraid to me. She looked very much in charge. Yeah, 0:04:33.880 --> 0:04:35.520 I was afraid. It picked up. 0:04:35.839 --> 0:04:39.640 It picked up right when he started after after the 0:04:39.680 --> 0:04:42.520 beginning of the altercation when he asked her to put 0:04:42.520 --> 0:04:45.240 the dog on the leash any because it's him recording. 0:04:45.279 --> 0:04:48.080 That's that's the footage that's been released, nothing from her phone. 0:04:48.960 --> 0:04:51.760 I felt so bad for the dog because she's just 0:04:51.960 --> 0:04:54.599 yanking the dog's collar, holding onto the dog by the 0:04:54.680 --> 0:04:59.320 collar as she's frantically dialing for the police. And that 0:04:59.400 --> 0:05:01.840 poor dog, no wonder she had to give up ownership. 0:05:02.240 --> 0:05:04.279 That dog choked to death. 0:05:05.320 --> 0:05:08.400 Yes, I was looking like, ma'am, you are so so 0:05:08.520 --> 0:05:12.159 concerned with trying to get this man in trouble that 0:05:12.279 --> 0:05:15.560 you are literally killing your dog. That dog was like, Amy, 0:05:15.560 --> 0:05:19.159 I didn't do it, Amy, I can't believe. I can't breathe. Yes, 0:05:19.400 --> 0:05:20.159 oh yeah. 0:05:20.200 --> 0:05:23.200 And and the fact that this guy he the reason 0:05:23.720 --> 0:05:25.960 I think this is what triggered well, I don't know. 0:05:26.200 --> 0:05:29.200 It's all like, you know, we're all just reading between 0:05:29.200 --> 0:05:31.039 the lines or trying to make the story hole in 0:05:31.080 --> 0:05:33.599 our heads because all we have is the video. And 0:05:33.640 --> 0:05:36.200 then Christian wrote a Facebook post, which is where the 0:05:36.240 --> 0:05:39.920 story's coming from. But he said that he keeps dog 0:05:39.960 --> 0:05:43.120 treats in his pockets because he's such an avid birdwalker, 0:05:43.160 --> 0:05:45.200 and he runs into the situation a lot where people 0:05:45.240 --> 0:05:47.160 are not putting their dog on the leash, and so 0:05:47.200 --> 0:05:49.560 he keeps treats in his pocket just in case, which 0:05:49.600 --> 0:05:51.960 is very smart, in case a dog runs up on you, 0:05:52.040 --> 0:05:54.719 as they do, and you're afraid and you want to 0:05:54.760 --> 0:05:58.640 just like, you know, distract the dog or even I 0:05:58.680 --> 0:06:00.480 think he was trying to prove a point to her 0:06:00.800 --> 0:06:02.680 that if your dog's not on a leash, then cool, 0:06:02.680 --> 0:06:04.239 I'm gonna give him a retreat and he's gonna wander 0:06:04.240 --> 0:06:07.240 over here, and then what are you gonna you know? So, 0:06:07.400 --> 0:06:11.039 and he needs a known he's like president of some society. 0:06:11.040 --> 0:06:12.640 He's a known launcher. 0:06:13.600 --> 0:06:17.279 She literally chose the absolute worst worst the word I mean, 0:06:17.600 --> 0:06:20.880 Harvard graduate. He didn't need to be a Harvard graduate. 0:06:20.920 --> 0:06:24.280 But aren't we all just glad that I am he 0:06:24.560 --> 0:06:26.560 shouldn't have to be. But the fact that he's literally 0:06:26.600 --> 0:06:29.760 a Harvard graduate, he is an ex Marvel connic book 0:06:29.880 --> 0:06:34.880 editor president, I'm like you. The fact that that even 0:06:35.000 --> 0:06:37.839 is important, that she can look at him and be like, 0:06:38.080 --> 0:06:40.280 let me turn on my my my fake tears, okay, 0:06:40.279 --> 0:06:44.919 hold on, hell, I was like, what, okay, cool? 0:06:45.000 --> 0:06:47.080 He might have had a better chance of surviving an 0:06:47.080 --> 0:06:49.320 altercation with the police than someone like my dad, a 0:06:49.320 --> 0:06:52.359 black bus driver, working class from Atlanta, who doesn't speak 0:06:52.440 --> 0:06:54.880 like a Harvard graduate, but like that could easily. I 0:06:54.960 --> 0:06:56.839 always put my dad in their shoes, and I get 0:06:56.880 --> 0:07:01.080 so mad. I just don't understand how doing of mental leaps, 0:07:01.400 --> 0:07:04.120 How does it go? Where does the Karen, Where does 0:07:04.160 --> 0:07:05.039 it come from? 0:07:05.279 --> 0:07:05.760 Why? 0:07:06.400 --> 0:07:09.280 How do you What is it about society that has 0:07:09.320 --> 0:07:11.560 told white women in this moment that they need to 0:07:11.680 --> 0:07:14.600 escalate it to that level and put just for their 0:07:14.640 --> 0:07:18.120 own safety, you know, like where where? And I'm not 0:07:18.200 --> 0:07:20.480 trying to say that she's not responsible for her actions, 0:07:20.520 --> 0:07:23.440 which she absolutely is. But this is a common theme. 0:07:23.560 --> 0:07:26.680 And it's ironic because I had just I had just 0:07:26.840 --> 0:07:31.280 watched on Facebook they had rerun this Ted talk that 0:07:31.360 --> 0:07:34.080 Baratunde Thurston had given and he's this he's a pretty 0:07:34.120 --> 0:07:37.120 well known writer, and he did. He gave a Ted 0:07:37.160 --> 0:07:40.640 talk on exactly this kind of situation, why you call 0:07:40.720 --> 0:07:44.120 the cops, and how you can change your actions and 0:07:44.160 --> 0:07:46.800 not escalate it to that level. And what happens when 0:07:46.800 --> 0:07:49.360 you do call the cops. It puts, you know, it 0:07:49.400 --> 0:07:50.840 puts the person on the other side of it in 0:07:50.920 --> 0:07:53.520 direct danger for their life. And I encourage you all 0:07:53.520 --> 0:07:55.360 to to check out that Ted talk. But I just 0:07:55.440 --> 0:07:59.200 watched it and I'm just like, yeah. 0:07:58.160 --> 0:08:00.480 I mean, well yeah, I just the thing is she 0:08:00.560 --> 0:08:02.520 knew she knew exactly what she was doing. It just 0:08:03.600 --> 0:08:06.800 doesn't know about the internet. Yeah of course. I mean 0:08:06.800 --> 0:08:08.520 this is a woman who I forget what she did, 0:08:08.560 --> 0:08:13.160 but she she an educated woman with a high level 0:08:13.200 --> 0:08:20.680 position at Franklin Templeton. I heard that, Oh my goodness, yes, 0:08:20.760 --> 0:08:22.880 I believe so. And then they heard that so many 0:08:22.880 --> 0:08:25.520 people were on the site today complaining that they crashed 0:08:25.520 --> 0:08:27.520 their site, I know, Frankslin Templeton. That was like, what 0:08:27.600 --> 0:08:33.400 in the social justice movement? Yeah, but you know, black 0:08:33.400 --> 0:08:37.000 Sweater's undefeated. They're not just here from memes, Okay, they 0:08:37.000 --> 0:08:39.120 are undefeated. What I was like, how did they find her? 0:08:39.160 --> 0:08:41.280 Apparently one of the ways they were able to find 0:08:41.320 --> 0:08:44.080 her is that I guess she hired dog walkers, right, Yeah, 0:08:44.120 --> 0:08:45.480 dog walker turned over. 0:08:47.200 --> 0:08:47.280 Her. 0:08:48.280 --> 0:08:50.120 That's what happened. When you know the dog walker was 0:08:50.160 --> 0:08:52.840 like the dog walker probably was like I know that 0:08:52.880 --> 0:09:00.199 dog Yeah exactly, you know, but yeah, it's just that yeah, 0:09:00.200 --> 0:09:02.120 and she's like her life is ruined. But I'm like, yeah, 0:09:02.120 --> 0:09:05.599 but what, here's the thing. What was your intention was 0:09:05.640 --> 0:09:08.720 it to ruin his? Look what you know, like crime 0:09:08.720 --> 0:09:11.560 me a river? If you would have won, if you 0:09:11.600 --> 0:09:13.880 would have if he would have recorded you, and they 0:09:13.880 --> 0:09:16.400 would have come and roughed him up, Like what was 0:09:16.440 --> 0:09:19.880 your actual intention? And now that literally you dug this 0:09:19.960 --> 0:09:22.439 grave for this man and you fell in it. Now 0:09:22.480 --> 0:09:26.880 it's like help, No, I honestly don't feel pity for her. 0:09:27.080 --> 0:09:27.640 Where are the thing? 0:09:27.679 --> 0:09:30.880 And hopefully in white women tears, Yeah, that's always what 0:09:30.960 --> 0:09:35.840 comes next, because it's a tearful apology, you know, distract 0:09:35.920 --> 0:09:37.959 us from the fact that you know, look all innocent 0:09:38.040 --> 0:09:40.280 and I'm just a woman, and you know I never 0:09:40.320 --> 0:09:43.360 met any harm. What doesn't matter. You picked up a 0:09:43.360 --> 0:09:46.320 load the gun almost And that's the sad truth. And 0:09:46.360 --> 0:09:48.440 she's the way that she said it just leads me 0:09:48.480 --> 0:09:50.559 to believe that not only does she is she aware 0:09:51.200 --> 0:09:53.800 of these situations as they happen and the danger that 0:09:53.840 --> 0:09:57.240 it poses to to people of color, not just African Americans, 0:09:57.240 --> 0:10:01.560 but especially African Americans, but she she knew that because 0:10:01.640 --> 0:10:03.480 the way that she said it told me that she 0:10:03.559 --> 0:10:06.439 knew what she was doing was extra dangerous for him 0:10:06.760 --> 0:10:08.360 as an African American. 0:10:10.520 --> 0:10:11.040 Look at the past. 0:10:11.160 --> 0:10:13.880 That's like attempted assault or something, and you need to 0:10:13.920 --> 0:10:18.280 start the police needs to push press charges at a minimum, 0:10:18.640 --> 0:10:21.720 because she could have endangered his life. You know, he 0:10:21.800 --> 0:10:23.640 might have been reaching for dog treats and someone would 0:10:23.640 --> 0:10:24.400 have thought it was a gun. 0:10:25.240 --> 0:10:29.479 Exactly. It's absolutely heartbreaking. 0:10:29.880 --> 0:10:32.000 But I'm glad in this case, and I'm glad in 0:10:32.080 --> 0:10:35.679 this instance it ended up on the right side. At least, 0:10:36.120 --> 0:10:39.319 you know, no wrong, no harm came to him and she, 0:10:39.880 --> 0:10:43.520 you know, I don't wish anyone ill, but at least she, 0:10:44.400 --> 0:10:46.599 you know, wasn't rewarded for her ignorance. 0:10:47.240 --> 0:10:47.640 Exactly. 0:10:47.679 --> 0:10:49.400 I don't want someone to lose her job like that. 0:10:49.520 --> 0:10:51.360 You can debate whether that's what she deserved or not, 0:10:51.360 --> 0:10:55.080 but I would rather she was arrested for attempted assault 0:10:55.160 --> 0:10:57.720 or something like that based on how she how she 0:10:57.800 --> 0:10:58.400 threatened him. 0:10:58.720 --> 0:11:01.439 I would like to add that to that. Yeah, please, 0:11:01.679 --> 0:11:03.200 I would like to add that on top of the 0:11:03.400 --> 0:11:04.439 and it's okay. 0:11:04.440 --> 0:11:06.640 So I live in the suburbs of New York City, 0:11:06.640 --> 0:11:08.560 about thirty minutes outside of New York City, So I 0:11:08.679 --> 0:11:10.719 ride the commuter train and to work. I mean I 0:11:10.800 --> 0:11:13.400 used to when months ago, when that used to happen. 0:11:13.440 --> 0:11:16.520 People rode trains to work or went to work at all. 0:11:16.920 --> 0:11:19.240 And this is the kind of like the number of 0:11:19.280 --> 0:11:22.440 times like let you make a one make let you 0:11:22.600 --> 0:11:25.000 sneeze in the quiet car, just I dare you to 0:11:25.040 --> 0:11:27.280 sneeze in the quiet car on the way to work 0:11:27.480 --> 0:11:30.280 on the commuter trail, the Metro North, because there are 0:11:30.400 --> 0:11:33.520 it's full of Karen's. And what's the male equivalent of Karen? 0:11:33.520 --> 0:11:35.960 Did we say Keith? It's full of it can be 0:11:36.040 --> 0:11:37.839 Keith for us, because that's your neighbor. And if you 0:11:37.840 --> 0:11:39.360 don't know what we're talking about, go last week listen 0:11:39.400 --> 0:11:42.079 to the show. It is full of Keith's and Karen 0:11:42.200 --> 0:11:45.480 who loved to who loved to correct one another. Sir, 0:11:45.679 --> 0:11:48.199 it's the quiet car, Sir, ma'am, it's the quiet car. 0:11:48.400 --> 0:11:51.480 And I've seen people like snip at each other like that, 0:11:51.600 --> 0:11:55.160 white people snipping at white people for breaking the rule 0:11:55.160 --> 0:11:56.760 in that way, and they, you know, they get very 0:11:56.840 --> 0:11:59.240 excited about being able to call someone out. But the 0:11:59.280 --> 0:12:01.760 difference is like, how dare he be a black man 0:12:01.760 --> 0:12:03.600 and do the same thing that I'm sure you know 0:12:03.720 --> 0:12:06.120 every like I'm sure she would have done in that situation, 0:12:06.559 --> 0:12:09.080 And That's what it's about. It's not it's not that 0:12:09.960 --> 0:12:11.760 you know, it's whether or not he was wrong or right. 0:12:12.160 --> 0:12:14.920 It's the fact that he has the balls, he has 0:12:15.000 --> 0:12:17.480 the audacity to come to her, a white woman, and 0:12:17.520 --> 0:12:20.480 try to correct her, because that is not acceptable. But 0:12:20.520 --> 0:12:23.000 it's perfectly fine every day on the train, and and 0:12:23.040 --> 0:12:25.920 I know one day on the train, I'm sure if 0:12:25.960 --> 0:12:28.560 there's well, the train that I ride is not super diverse, 0:12:28.600 --> 0:12:30.920 but I'm sure if it was that situation and there 0:12:31.000 --> 0:12:33.320 was you know, a Keith or Karen and then Christian 0:12:33.320 --> 0:12:35.400 Cooper on the train and he, you know, he had 0:12:35.440 --> 0:12:37.800 the audacity to try and correct them, it might have 0:12:37.840 --> 0:12:42.720 happened on that train too. It's it's a problem that 0:12:42.800 --> 0:12:43.760 I don't know how to solve it. 0:12:43.760 --> 0:12:46.240 It needs to be a crist Yeah. This, thank god 0:12:46.280 --> 0:12:48.640 for just video and thank god that he you know 0:12:48.840 --> 0:12:51.760 that Christian kept his his wits about him. And thank 0:12:51.760 --> 0:12:54.040 god for christian sister because she posted it on Twitter. 0:12:54.280 --> 0:12:56.360 Oh she did, okay mm hm, because he was he 0:12:56.400 --> 0:12:58.439 didn't think he's like, honestly, it's from what I'm reading, 0:12:58.480 --> 0:13:00.480 it didn't seem like he thought much of it because 0:13:00.480 --> 0:13:02.959 it didn't end poorly. But I guess he showed his sister. 0:13:03.080 --> 0:13:05.880 She said, Oh, we're not going to do is you know? 0:13:06.000 --> 0:13:08.000 She said, let me get my homies on Twitter. Twitter, 0:13:08.040 --> 0:13:10.840 there's there's nothing but space, time and opportunity on Twitter. 0:13:10.840 --> 0:13:14.920 Black Twitter is like we've been home all day. Oh oh, 0:13:15.040 --> 0:13:24.439 there's a mystery that needs to be solved. 0:13:20.640 --> 0:13:24.040 Right, nothing but time to to scroll into to reach 0:13:24.040 --> 0:13:27.520 tweet and h a damn bird water? 0:13:27.800 --> 0:13:29.640 Could he be doing anything lessing? 0:13:29.800 --> 0:13:33.120 Not that he needed to, but like, but could he 0:13:33.200 --> 0:13:38.079 be doing anything more innocent and adorable damn birds? 0:13:38.120 --> 0:13:40.320 Oh yeah, trying to find out you already know, which 0:13:40.360 --> 0:13:42.000 is so crazy because you already know. They try to 0:13:42.000 --> 0:13:44.839 do some digging, like maybe he maybe he'd sells drug 0:13:44.960 --> 0:13:46.000 something that we can make. 0:13:45.880 --> 0:13:53.480 It like Harvard graduate. No, actually, no, Marvel comic editor. 0:13:53.440 --> 0:13:58.920 No speeding tickets, parking tickets. It's pathetic. He should he 0:13:58.960 --> 0:14:01.520 should have been able to be an ex convict, like 0:14:02.000 --> 0:14:05.120 you know, I don't know just out he shouldn't. He 0:14:05.160 --> 0:14:06.600 should be able to be any damn person. 0:14:06.640 --> 0:14:06.840 You know. 0:14:06.960 --> 0:14:08.840 He shouldn't be able to be anyone and just mind 0:14:08.880 --> 0:14:10.960 his own business and not fear for his life in 0:14:10.960 --> 0:14:12.959 that way. It's it's sad. 0:14:13.400 --> 0:14:17.440 Very very sold, so random random twists. I don't know, 0:14:17.520 --> 0:14:19.920 I was, I have to It was just before we 0:14:19.960 --> 0:14:21.320 got on too, I was like, looking at like my 0:14:21.360 --> 0:14:24.960 mortgage papers that I have to sign. Do you think 0:14:25.200 --> 0:14:28.440 a mortgage crisis is looming? You know? Our last procession 0:14:28.640 --> 0:14:31.600 was kind of triggered by bad loans made prior to 0:14:31.960 --> 0:14:34.760 two thousand and eight, two thousand and nine, I y'all know, 0:14:34.840 --> 0:14:36.280 for most of y'all, you know, I lost my home 0:14:36.360 --> 0:14:38.840 during that time, my first my first home, a condo. 0:14:39.520 --> 0:14:41.240 But I was just thinking about that as I was like, 0:14:41.280 --> 0:14:44.200 you know, looking at the three five papers and getting 0:14:44.200 --> 0:14:47.920 ready to sign, and I was thinking to myself, like 0:14:48.000 --> 0:14:51.240 I was reading some statistics where I think it was 0:14:51.280 --> 0:14:56.080 something like like eight percent of homeowners right now, you know, 0:14:56.200 --> 0:14:58.760 or in forbearance, you know, like because three fourths of 0:14:58.840 --> 0:15:02.480 homes are government back to mortgages right through fourths of 0:15:02.520 --> 0:15:05.840 homes now people folks who have homes have government back mortgages. 0:15:05.880 --> 0:15:09.440 And y'all know, luvia the Cares Act, that that these 0:15:09.960 --> 0:15:13.400 mortgages are available for forbearans, and that the government's like 0:15:13.480 --> 0:15:15.640 up to six months you don't have to pay. There's 0:15:15.640 --> 0:15:17.320 still the interest is still running. 0:15:17.240 --> 0:15:20.040 And you're going to owe that money in six months. 0:15:20.240 --> 0:15:21.920 We don't understand about four barons. 0:15:22.600 --> 0:15:24.520 Yes, well, I will say too, because one of my 0:15:24.560 --> 0:15:27.120 friends like came to the loan right like let you 0:15:27.640 --> 0:15:30.480 and also yes and there, but there's some loopholes. To 0:15:30.520 --> 0:15:32.680 my friend Mikayla, who's an attorney, has been like studying it. 0:15:33.360 --> 0:15:35.120 She and I were just talking about it and she 0:15:35.240 --> 0:15:39.920 was like, girl, like, you know, there's ways. Basically, if 0:15:39.920 --> 0:15:41.240 you don't have it to pay, the bank is not 0:15:41.280 --> 0:15:42.920 supposed to force you to pay. They're supposed to be 0:15:42.960 --> 0:15:45.400 able to offer you another six months and even then 0:15:45.640 --> 0:15:48.640 they're supposed to work out some other reasonable payment plan. 0:15:49.280 --> 0:15:51.200 But she said she doubts the banks. You know, banks 0:15:51.200 --> 0:15:52.880 obviously are not going to be the people to tell 0:15:52.960 --> 0:15:55.760 folks all the rules that are inside the CARES Act. Actually, 0:15:55.760 --> 0:16:00.000 Mikayla's working on creating some like really easy to understand 0:16:00.040 --> 0:16:02.920 and kind of like checklists so folks when they're approaching 0:16:02.960 --> 0:16:06.200 their bank can intelligently ask the bank for what they're 0:16:06.240 --> 0:16:08.640 owed via the care sect. But either way, so there 0:16:08.680 --> 0:16:10.720 are a lot of people who can't afford their mortgage 0:16:10.760 --> 0:16:13.720 and they're not losing their homes now because they've opted 0:16:13.720 --> 0:16:16.800 for forbearance, So then what happened? I was just thinking them. 0:16:17.320 --> 0:16:21.200 You know, there's so many facets to this pending and 0:16:21.200 --> 0:16:24.800 looming recession, right it's like COVID, Oh my gosh, the market, 0:16:24.840 --> 0:16:27.960 what's gonna happen there? And now it's like, wait, so 0:16:28.800 --> 0:16:31.560 all this money that's being printed, what happens when that stops? 0:16:31.800 --> 0:16:34.640 And now, you know, mortgages, like what happens when people 0:16:34.680 --> 0:16:37.800 can't afford their mortgages anymore? And six months from now, 0:16:38.080 --> 0:16:41.040 twelve months from now? So I just was thinking about that, like, 0:16:41.120 --> 0:16:43.320 you know, because as it is right now, it seems 0:16:43.400 --> 0:16:46.680 like housing prices are staying steady because you know, me, 0:16:46.760 --> 0:16:49.080 I was looking for investment opportunities. So that's why I've 0:16:49.080 --> 0:16:52.160 just been nerding out, like huh, but housing prices are 0:16:52.160 --> 0:16:56.120 staying steady. There was the demand for homes actually has 0:16:56.200 --> 0:16:59.840 not subsided because folks couldn't go out the last month 0:17:00.120 --> 0:17:02.640 some change, and so now those folks who weren't able 0:17:02.640 --> 0:17:04.800 to go out to find homes are like, oh, finally 0:17:05.119 --> 0:17:07.479 the country's open back a little bit. So we are 0:17:07.480 --> 0:17:11.000 not seeing really a drop in home purchases. Folks who 0:17:11.040 --> 0:17:12.600 could wait are like, Okay, I won't all wait to 0:17:12.640 --> 0:17:14.800 put my home on the market, so those who felt 0:17:14.840 --> 0:17:16.919 like they really had to sell. Basically, the market's not 0:17:16.920 --> 0:17:19.679 flooded with homes. It's still basically a seller's market. I 0:17:19.680 --> 0:17:21.600 say all that to say, but it's not always going 0:17:21.640 --> 0:17:23.240 to be. So I'm just curious what you think about 0:17:24.480 --> 0:17:26.760 price a potential mortgage crisis looming. 0:17:26.800 --> 0:17:28.919 Oh, thank you for asking me. I have a lot 0:17:28.960 --> 0:17:31.040 of fie feel very like, thank you for trusting me 0:17:31.080 --> 0:17:33.479 with this answer, with the caveat that I'm not a 0:17:33.520 --> 0:17:37.600 mortgage economist or any kind of economist, but it's funny. 0:17:37.600 --> 0:17:39.720 I will add to the list of reasons people are 0:17:40.040 --> 0:17:42.600 still buying homes out there is not a lot of 0:17:42.920 --> 0:17:45.239 Like I was just talking to a friend yesterday and 0:17:45.280 --> 0:17:47.199 she said that a good friend of hers they have 0:17:47.280 --> 0:17:49.479 sped up there. They live in a two bedroom apartment 0:17:49.520 --> 0:17:52.239 in Brooklyn, and they were like, we need to get 0:17:52.240 --> 0:17:53.520 a home, We need to get out of here because 0:17:53.520 --> 0:17:55.040 they have a four year old. Then they're married and 0:17:55.080 --> 0:17:57.119 they're driving each other crazy, and so they like, all 0:17:57.160 --> 0:17:58.560 of a sudden, it was like, we think we're going 0:17:58.640 --> 0:18:00.359 to buy and then boom, they had bought a to 0:18:00.400 --> 0:18:03.720 get the f out and get more space. Do I 0:18:03.720 --> 0:18:05.639 think there's going to be a mortgage crisis. I really 0:18:05.680 --> 0:18:09.520 hope not, and I think that one is a lot 0:18:09.520 --> 0:18:11.800 of things are different. It's ten years since the Great Recession, 0:18:12.160 --> 0:18:14.480 and there were, thanks to the Dodd Frank Act, a 0:18:14.480 --> 0:18:17.280 lot of regulations put in place to make mortgage lending 0:18:17.280 --> 0:18:19.280 a lot safer for consumers and to make sure that 0:18:19.320 --> 0:18:21.560 consumers aren't able to take on mortgage debt that is 0:18:21.600 --> 0:18:25.199 outrageous that they could not afford with their household income. 0:18:25.640 --> 0:18:29.480 That being said, obviously, anytime, what's the unemployment rate right now? 0:18:29.520 --> 0:18:33.000 Like a million percent? I don't know, great depression levels, yes, 0:18:33.119 --> 0:18:35.679 over great depression. Yes, millions and millions of people are 0:18:35.680 --> 0:18:38.680 out of their jobs, including like my dad, who's still 0:18:38.720 --> 0:18:40.880 out of work. The way that he's making his mortgage 0:18:40.880 --> 0:18:44.679 payments or thanks to unemployment benefits and his extra how 0:18:44.760 --> 0:18:46.919 much do they give an extra six hundred bucks on 0:18:46.960 --> 0:18:50.240 top of your unemployment benefit through the Cares Act or 0:18:50.320 --> 0:18:54.040 through the legislation that Congress passed that's going to expire 0:18:54.080 --> 0:18:56.000 at the end of July. I believe that extra six 0:18:56.040 --> 0:18:59.280 hundred dollars payment and his unemployment benefits should last through 0:18:59.320 --> 0:19:03.040 the end of the year, I believe. Now what's scary 0:19:03.280 --> 0:19:06.080 is if the government does not step in and continue 0:19:06.080 --> 0:19:08.480 to provide this type of funding so long as people 0:19:08.520 --> 0:19:11.719 are out of work. Now that's a different story depending 0:19:11.760 --> 0:19:14.640 on what zip code you know. At this point, it's 0:19:14.680 --> 0:19:17.600 like by zip code, the story is very different. If 0:19:17.600 --> 0:19:21.160 some places are reopening and businesses are getting back back 0:19:21.200 --> 0:19:24.720 to you know, levels pre COVID, and people are using 0:19:24.760 --> 0:19:27.359