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Speaker 2: I have a question for you to start the week,
Speaker 2: and it was a controversial take, but I think as
Speaker 2: a conversation that's needed to be had is the American
Speaker 2: dream dead.
Speaker 1: Yeah.
Speaker 2: I know, they say, y'all unlucky, y'all entrepreneurs, you live
Speaker 2: in America. Shout to you for Trump supporters in here,
Speaker 2: go back to where you came from. Yeah, I hear you.
Speaker 2: But at scale, it's a conversation that needs to be had.
Speaker 3: What do you think? Yeah, for sure, that's how we
Speaker 3: start the book off, for sure. So you know it's
Speaker 3: definitely a little controversial, but I look at it like this,
Speaker 3: as far as I'll speak on the good side. First,
Speaker 3: if you're an entrepreneur, if you're trying to really chase
Speaker 3: your dreams, America is flowed in a lot of ways
Speaker 3: past and present, but there's no place like America. Only
Speaker 3: in America. That was the slogan for Don King. So
Speaker 3: America is still a place Trump.
Speaker 2: I'm like, boy, hold on, hold on, don remember Don King?
Speaker 3: That was only in America, that was his thing.
Speaker 2: Yeah, I kill it. We gotta talk about the black
Speaker 2: culture votures one day, but go ahead.
Speaker 3: He's a legend though.
Speaker 1: For sure.
Speaker 2: I'm not taking that away.
Speaker 3: Yeah, yeah, for sure. But you know, when you look
Speaker 3: at the situation, as far as you know, if you
Speaker 3: really America is a place where you can really get busy,
Speaker 3: put your head down twenty four months, make the right moves,
Speaker 3: and you can really really change your life in America.
Speaker 3: So I'll start off saying that. Now, as far as
Speaker 3: the American dream, when I'm referring to a lot of
Speaker 3: times when I speak about the American dream being a lot,
Speaker 3: is that this idea that if you work hard and
Speaker 3: you make it to the middle class. Then that's the
Speaker 3: golden level of life and you can, you know, retire
Speaker 3: at sixty five and you can send your kids to
Speaker 3: college and every that to me is a lot. The
Speaker 3: middle class is a product the mortgage system in America
Speaker 3: is the product of the banking system. So the idea
Speaker 3: ofkay you moving from and now we're seeing the reverse.
Speaker 3: People are moving from the suburbs to the city. But
Speaker 3: the idea that you move from the city to a
Speaker 3: low ink, from a no income neighborhood to a suburb
Speaker 3: to admit mid to you know, doing okay neighborhood has
Speaker 3: some level of security. It's not true. You actually probably
Speaker 3: have even less security because at least when you're paying rent,
Speaker 3: you're just paying rent. Wor worse that happens is you
Speaker 3: missed the rent and you get kicked out. The worst
Speaker 3: thing that happens when you the fault on your loan
Speaker 3: is that you could actually get sued and now you
Speaker 3: got four hundred thousand dollars that you got to pay
Speaker 3: and then it ruins your credit forever and then you
Speaker 3: So it's actually way worse to the fault on a
Speaker 3: mortgage than it is to just not pay your rent.
Speaker 3: You could just walk out on the rent payment. But
Speaker 3: the thing about it is this, most Americans are buying
Speaker 3: homes that they can't afford. That's why you need to
Speaker 3: watch the show tomorrow. Most Americans are buying homes that
Speaker 3: they can't afford. So when you when you're putting something
Speaker 3: on heavily over a debt, so you're going debt tremendous
Speaker 3: amount of debt to make sure that you're living somewhere.
Speaker 3: But the average person doesn't have four thousand dollars in savings.
Speaker 3: So what that tells me is that that's why we
Speaker 3: have to have compassion and for homeless people because we
Speaker 3: don't know how they got there, either from the mental
Speaker 3: aspect or the financial aspect. But the vast majority of
Speaker 3: people are not far away from being homeless, right, We're
Speaker 3: all just one decision and one paycheck away from being homeless.
Speaker 3: So you got to think about this stuff right where
Speaker 3: it's like, Okay, if you have four thousand dollars saved,
Speaker 3: then that means that you're living pretty much paycheck to paycheck.
Speaker 3: And if something happens for a month, let alone two months, right,
Speaker 3: if you don't have family, you're gonna be out on
Speaker 3: the street. That's not a dream to me. That's more
Speaker 3: of a nightmare. So you got to you gotta leverage
Speaker 3: the next thirty years to live in a home that
Speaker 3: you can't afford, work every single day to make sure
Speaker 3: that you just make sure you're maintaining that level. Right,
Speaker 3: then you're sending your kids to college. The college is
Speaker 3: thirty thousand, forty fifty thousand dollars a year. Man, the
Speaker 3: average person, the average person. I just said, that person
Speaker 3: got four thousand dollars in saving, So how they're gonna
Speaker 3: pay thirty thousand dollars a year. Well, what happens you
Speaker 3: student loans. So now you're in debt from your house.
Speaker 3: The kids are in debt for their education. They're getting
Speaker 3: degrees most of the time, that's not even going to
Speaker 3: really advance them in life. So they're starting life out
Speaker 3: with one hundred and fifty thousand dollars to the loan
Speaker 3: debt and they're still not even able to find a job. Right.
Speaker 3: And then when you look at it from a standpoint
Speaker 3: of wages have stayed the same for the last thirty
Speaker 3: years for the most part, but the.
Speaker 2: Cost of adjusted for interest rates.
Speaker 3: And inviation, the cost of living has gone up tremendously,
Speaker 3: So it's like a it's like this on the chart.
Speaker 3: So if wages are staying the same, the cost of
Speaker 3: living is going up. The next question is how people
Speaker 3: able to survive, how they buy in groceries. Is it's
Speaker 3: a direct correlation to why credit card debt is at
Speaker 3: are all time high and every year it becomes a
Speaker 3: new all time high twllions of dollars of credit card debt.
Speaker 3: Right because the difference that people are not making in
Speaker 3: their income they're supplementing putting it on debt. So you're
Speaker 3: living somewhere that you can't afford, You're sending your kids
Speaker 3: to school for them that they can't afford. You're putting
Speaker 3: yourself in debt on the on the home, you're putting
Speaker 3: yourself in debt for the school, and then you're putting
Speaker 3: yourself in even more debt to even just live day
Speaker 3: to day life. That to me is a triple recipe
Speaker 3: for disaster. We don't even talk about car payments and
Speaker 3: in other and other forms of debt. So that's not
Speaker 3: a dream, that's a nightmare. That's what most people. But
Speaker 3: psychologically you can say, okay, well, I'm still doing better
Speaker 3: than I was or somebody that's in abject poverty because
Speaker 3: I'm not, you know, waiting on food lines and I'm
Speaker 3: not starving. I have meals coming in. I could go
Speaker 3: to Miami two times a year. But it's like that
Speaker 3: dream is to keep you something. It's like putting a
Speaker 3: carrot in front of the rabbit, but having them on
Speaker 3: the treadmill. You could see it. Because if you're an
Speaker 3: abject poverty now you you well, you don't have no hope.
Speaker 3: That's when you revolt, right, But when you got to
Speaker 3: keep you some level of hope, and they got to
Speaker 3: keep you some level of your better than somebody else.
Speaker 3: So that's the trick even with like white supremacy, with
Speaker 3: poor white people that they feel like at the very
Speaker 3: least they're white. So they made them feel emboldened by
Speaker 3: that because they might not have anything else. But they're like, Okay,
Speaker 3: I still feel good about myself because I'm white, living
Speaker 3: in the portance, living in the poorer states in America,
Speaker 3: having you know, health issues. Can't read all types of shit,
Speaker 3: So I just see that as a trap to the
Speaker 3: American dream. That's not real to me. That's more of
Speaker 3: a nightmare. But that's my humble opinion, How do you
Speaker 3: feel about.
Speaker 2: It when statements like this are made. I always like
Speaker 2: to go to the origins of it, and I would
Speaker 2: love to ask the question American dream for whom I
Speaker 2: didn't say America and dream for citizens. So if I
Speaker 2: look at the banks, if credit card debt is that
Speaker 2: the highest has ever been, mortgages are higher than they've
Speaker 2: ever been, the average payment for a car is I
Speaker 2: read seven hundred and seventy two dollars per month, which
Speaker 2: is insane. And then if undergrad loans are higher than
Speaker 2: ever and now there's degradation in even going to college
Speaker 2: and having a pathway. Like most kids who go to
Speaker 2: school now they don't know what career path are going
Speaker 2: to take. At least when we went to college, or
Speaker 2: the thought was in elementary and high school, go to college,
Speaker 2: you'll get a job, damn mere, Guaranteed you won't have
Speaker 2: any issues. I think the American dream may be dead
Speaker 2: for the middle class, but for those who put this
Speaker 2: financial level of economic terrorism together, I think the dream
Speaker 2: is live and well for them for sure. I don't
Speaker 2: think anything at this scale happens by accident. And I've
Speaker 2: always said it like the middle class has been eroded,
Speaker 2: and people try and push back on it, but when
Speaker 2: you look at the actual data, people are suffering at
Speaker 2: scale worldwide while the middle is being crunched. So yeah,
Speaker 2: do I think the American dream is dead? For the citizens? Yes.
Speaker 2: For the institutions, I think they're happier than ever. Because
Speaker 2: now if I have a class of people that we're
Speaker 2: doing well, and I somewhat eradicate them through AI or
Speaker 2: scaling inflation corrections in the market market manipulation, I can
Speaker 2: control the population a lot better than a post and
Speaker 2: if everyone is doing well. So But you guys put
Speaker 2: it in the comments, what do you think is American
Speaker 2: dream live and well? But the picka fins go to
Speaker 2: college guaranteed employment?
Speaker 4: No, that's over with An illegal alien from Guatemala charged
Speaker 4: with raping a child in Massachusetts. An MS thirteen gang
Speaker 4: member from El Salvador accused of murdering a Texas man
Speaker 4: of Venezuelan charged with filming and selling child pornography in Michigan.
Speaker 4: These are just some of the heinous migrant criminals caught
Speaker 4: because of President Donald J. Trump's leadership. I'm Christy nom
Speaker 4: the United States Secretary of Homeland Security under President Trump,
Speaker 4: attempted illegal border crossings are at the lowest levels ever recorded,
Speaker 4: and over one hundred thousand illegal aliens have been arrested.
Speaker 4: If you are here illegally, your next you will be
Speaker 4: fine nearly one thousand dollars a day, imprisoned, and deported.
Speaker 4: You will never return. But if you register using our
Speaker 4: CBP home app and leave now, you could be allowed
Speaker 4: to return legally. Do what's right, leave now. Under President Trump,
Speaker 4: America's laws, border and families will be protected.
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