1 00:00:00,040 --> 00:00:01,720 Speaker 1: Let me ask you a question, because I know not 2 00:00:01,760 --> 00:00:05,120 Speaker 1: only are your entrepreneur, but you're really getting the politics. 3 00:00:05,600 --> 00:00:09,000 Speaker 2: I don't want to be. That was the segue. 4 00:00:09,160 --> 00:00:11,319 Speaker 3: That was the sailing because what you just said is 5 00:00:11,320 --> 00:00:13,280 Speaker 3: what you said about the president. Now, like I don't 6 00:00:13,520 --> 00:00:15,240 Speaker 3: have to like him or even vote for him, but 7 00:00:15,280 --> 00:00:17,520 Speaker 3: if he does something that helps my community, I should 8 00:00:17,520 --> 00:00:18,360 Speaker 3: take advantage of that. 9 00:00:18,320 --> 00:00:20,759 Speaker 2: Because I'm taking advantage, taking advantage of everything I'm telling. 10 00:00:20,800 --> 00:00:23,280 Speaker 4: But that's every president. Yeah, that ain't this president. Now 11 00:00:23,400 --> 00:00:27,400 Speaker 4: that there has been no president that has been for 12 00:00:27,800 --> 00:00:28,480 Speaker 4: the black. 13 00:00:28,200 --> 00:00:31,760 Speaker 2: Community to take that, Yeah, that's the fact. 14 00:00:31,800 --> 00:00:35,280 Speaker 4: That's that has been no president that has been for 15 00:00:35,720 --> 00:00:40,480 Speaker 4: the black community. But if your policy affects the black 16 00:00:40,479 --> 00:00:43,920 Speaker 4: community in a positive way, which can affect the greater community, 17 00:00:44,120 --> 00:00:46,840 Speaker 4: I have to pay you some attention. Is that if 18 00:00:46,840 --> 00:00:48,600 Speaker 4: I have to pay you something, you don't take Obamas 19 00:00:48,640 --> 00:00:54,000 Speaker 4: for No. I'm clear of what I say and how 20 00:00:54,040 --> 00:00:58,480 Speaker 4: I say. There has been no president that's for the 21 00:00:58,560 --> 00:01:03,600 Speaker 4: black community. But if that president playing in any way 22 00:01:03,760 --> 00:01:07,800 Speaker 4: or policy helps the black community, I'm for that thing. 23 00:01:08,480 --> 00:01:09,319 Speaker 2: You get what I'm saying. 24 00:01:09,600 --> 00:01:14,960 Speaker 4: I rate all us presidents at about a CE different 25 00:01:15,040 --> 00:01:18,000 Speaker 4: variations from a C minus down into the d's too. 26 00:01:18,720 --> 00:01:20,480 Speaker 4: You know, when you start off with slave masters at 27 00:01:20,480 --> 00:01:25,840 Speaker 4: presidents that's a really funky comment. So you have to 28 00:01:25,880 --> 00:01:28,640 Speaker 4: spend your life as a person of color reconciling the 29 00:01:28,680 --> 00:01:30,759 Speaker 4: fact that the dollars that in your pocket, the dead men, 30 00:01:30,840 --> 00:01:32,800 Speaker 4: the slave masters that are only that that that give 31 00:01:32,880 --> 00:01:35,520 Speaker 4: you worth and value to the things you're doing own people, 32 00:01:35,560 --> 00:01:37,440 Speaker 4: and that wealth is something. So you know, when we 33 00:01:37,520 --> 00:01:39,839 Speaker 4: get walk, when we get mad, we want to castigate 34 00:01:40,120 --> 00:01:42,640 Speaker 4: rappers and then are tinners and chit yill right, thank your. 35 00:01:42,520 --> 00:01:44,240 Speaker 2: Money you have there to do, japs though you're twenty 36 00:01:44,280 --> 00:01:44,800 Speaker 2: dollar bill. 37 00:01:44,680 --> 00:01:48,280 Speaker 4: That you're tipping the stripper with genocide on people that 38 00:01:48,320 --> 00:01:50,720 Speaker 4: were from Middle of America and that were red and were. 39 00:01:50,560 --> 00:01:51,560 Speaker 2: Here before you got here. 40 00:01:52,000 --> 00:01:54,880 Speaker 4: So you're passing a genocidal bill to pay for your 41 00:01:54,960 --> 00:01:57,600 Speaker 4: Sarah and your your need to get grinded off. 42 00:01:57,800 --> 00:01:58,720 Speaker 2: And you've never. 43 00:01:58,640 --> 00:02:01,720 Speaker 4: Chastised yourself enough to say, I'll only pay my PayPal 44 00:02:01,800 --> 00:02:07,120 Speaker 4: because our vote or greenwood. 45 00:02:07,200 --> 00:02:08,760 Speaker 2: So I'm by the way. 46 00:02:09,080 --> 00:02:12,760 Speaker 4: You know what, you know, man, it matters of money. 47 00:02:13,040 --> 00:02:15,800 Speaker 4: We had better learn that we're going to have to 48 00:02:16,000 --> 00:02:20,680 Speaker 4: pack some emotion to the side to accomplish specific dolls 49 00:02:20,680 --> 00:02:23,760 Speaker 4: from a monetary standpoint, so that we can take care 50 00:02:23,800 --> 00:02:27,520 Speaker 4: of ourselves because no one's coming to savings, nothing's coming 51 00:02:27,560 --> 00:02:31,080 Speaker 4: out of sky to save us. Karma, although it's a 52 00:02:31,200 --> 00:02:34,600 Speaker 4: nice concept. Evil people live longer and they seem to 53 00:02:34,639 --> 00:02:39,160 Speaker 4: be happier. George Bushton down he was ninety middle something. 54 00:02:39,320 --> 00:02:42,320 Speaker 1: So but you were, you were supporting Bernie Sanders. Absolutely, 55 00:02:42,320 --> 00:02:47,840 Speaker 1: so you work, you have progressive I guess liberal views. 56 00:02:48,200 --> 00:02:53,440 Speaker 4: If if voting for Bernie Sanders takes my taxes up 57 00:02:53,600 --> 00:02:56,640 Speaker 4: out of the forties into the fifties, just as succeed 58 00:02:57,880 --> 00:03:00,600 Speaker 4: takes care of the next twenty five to thirty years 59 00:03:00,600 --> 00:03:04,760 Speaker 4: of Americans in terms of education, health care, trade that 60 00:03:04,880 --> 00:03:09,280 Speaker 4: trade and college education and basics and and extensive health care, 61 00:03:09,600 --> 00:03:12,520 Speaker 4: and provide social programs that grow us as a country. 62 00:03:12,960 --> 00:03:16,519 Speaker 4: I have no aversion to supporting it, and in fact, 63 00:03:16,639 --> 00:03:19,239 Speaker 4: I think that much of his policy has been raped, robbed, 64 00:03:19,240 --> 00:03:23,040 Speaker 4: and looted by both parties at this point, versus us 65 00:03:23,160 --> 00:03:26,840 Speaker 4: getting behind the person who wanted to give us everything 66 00:03:26,880 --> 00:03:29,840 Speaker 4: we would have needed during this pandemic, including some type 67 00:03:29,840 --> 00:03:33,360 Speaker 4: of universal income, including some type of health care that 68 00:03:33,440 --> 00:03:38,400 Speaker 4: was universal leading toward it, including decriminalization of marijuana, including 69 00:03:38,840 --> 00:03:40,720 Speaker 4: a federal task force that would have dealt with Row 70 00:03:40,760 --> 00:03:43,800 Speaker 4: Police House, including all these seas that would have affected us. 71 00:03:43,840 --> 00:03:45,920 Speaker 4: But because we didn't do it, because we didn't go 72 00:03:46,000 --> 00:03:48,240 Speaker 4: that move, or because we got robbed of it, or whatever, 73 00:03:48,280 --> 00:03:50,560 Speaker 4: the theory is being, you gotta you know, you gotta 74 00:03:50,560 --> 00:03:52,520 Speaker 4: do with what you got, and you better master your coin, 75 00:03:53,320 --> 00:03:55,640 Speaker 4: you know, because we're we're in a system where as 76 00:03:55,680 --> 00:03:57,680 Speaker 4: much as they want to say they care like Vernion, 77 00:03:57,720 --> 00:04:01,800 Speaker 4: they don't. And if you're not going to allow me 78 00:04:01,840 --> 00:04:04,840 Speaker 4: to pay my ten or fifteen extra to let someone 79 00:04:04,920 --> 00:04:06,680 Speaker 4: like he'll eat the way, don't get mad. And I'm 80 00:04:06,680 --> 00:04:08,680 Speaker 4: gonna try to keep an extra ten of fifteen percent 81 00:04:09,400 --> 00:04:11,200 Speaker 4: and figure out who the fuck trump tax. 82 00:04:15,600 --> 00:04:18,080 Speaker 2: But I you know I didn't. I didn't vote for 83 00:04:18,080 --> 00:04:22,640 Speaker 2: the evil person. I wanted that, Ernests, What's up? 84 00:04:22,720 --> 00:04:25,200 Speaker 5: You ever walk into a small business and everything just 85 00:04:25,360 --> 00:04:28,520 Speaker 5: works like the checkout is fast, the receipts are digital, 86 00:04:29,080 --> 00:04:32,039 Speaker 5: tipping is a breeze, and you're out the door before 87 00:04:32,040 --> 00:04:36,200 Speaker 5: the line even builds. Odds are they're using Square? 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It's not just about payments, it's about giving 97 00:05:05,920 --> 00:05:08,560 Speaker 5: you time back so you can focus on what matters 98 00:05:08,600 --> 00:05:11,880 Speaker 5: most ready. To see how Square can transform your business, 99 00:05:12,120 --> 00:05:16,760 Speaker 5: visit Square dot com backslash, go backslash eyl to learn 100 00:05:16,800 --> 00:05:22,000 Speaker 5: more that Square dot com backslash, go backslash eyl. Don't wait, 101 00:05:22,279 --> 00:05:25,120 Speaker 5: don't hesitate. Let Square handle the back end so you 102 00:05:25,160 --> 00:05:31,480 Speaker 5: can keep pushing your vision forward. This episode is brought 103 00:05:31,480 --> 00:05:33,400 Speaker 5: to you by P and C Bank. A lot of 104 00:05:33,400 --> 00:05:37,000 Speaker 5: people think podcasts about work are boring, and sure, they 105 00:05:37,080 --> 00:05:40,960 Speaker 5: definitely can be, but understanding a professional's routine shows us 106 00:05:40,960 --> 00:05:44,600 Speaker 5: how they achieve their success little by little, day after day. 107 00:05:45,600 --> 00:05:48,080 Speaker 5: It's like banking with P and C Bank. It might 108 00:05:48,200 --> 00:05:51,080 Speaker 5: seem boring to save, plan and make calculated decisions with 109 00:05:51,160 --> 00:05:54,159 Speaker 5: your bank, but keeping your money boring is what helps 110 00:05:54,200 --> 00:05:57,240 Speaker 5: you live or more happily fulfilled life. P and C 111 00:05:57,400 --> 00:06:02,560 Speaker 5: Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since 112 00:06:02,600 --> 00:06:04,920 Speaker 5: eighteen sixty five is a service mark of the P 113 00:06:05,040 --> 00:06:07,880 Speaker 5: and C Financial Service Group, Inc. P and C Bank 114 00:06:08,320 --> 00:06:10,480 Speaker 5: National Association Member FDIC. 115 00:06:12,680 --> 00:06:14,279 Speaker 3: I want to go back to I want to go 116 00:06:14,320 --> 00:06:16,920 Speaker 3: back to Greenwood for a second, because a lot of times, 117 00:06:16,960 --> 00:06:19,839 Speaker 3: and even in the book, it dies into the fact 118 00:06:19,880 --> 00:06:24,320 Speaker 3: of black banks being put in neighborhoods right where deposits 119 00:06:24,480 --> 00:06:26,560 Speaker 3: weren't coming in at a frequent rate, and so they 120 00:06:26,560 --> 00:06:28,800 Speaker 3: had to charge higher interest rates when they weren't loaning 121 00:06:28,800 --> 00:06:30,520 Speaker 3: out money because most of people don't really understand how 122 00:06:30,520 --> 00:06:31,159 Speaker 3: banks make money. 123 00:06:31,240 --> 00:06:33,279 Speaker 2: Yeah, the lows right. 124 00:06:33,400 --> 00:06:36,560 Speaker 3: So my thing is like, is Greenwood is there going 125 00:06:36,600 --> 00:06:38,400 Speaker 3: to be similar how other interest rates are going to 126 00:06:38,440 --> 00:06:39,880 Speaker 3: be competing with the big banks? 127 00:06:39,880 --> 00:06:45,000 Speaker 4: So that the first first versus deposits saving. So it's steps, 128 00:06:45,080 --> 00:06:47,600 Speaker 4: this is where we are first. First, the goal is 129 00:06:47,640 --> 00:06:51,520 Speaker 4: to wipe out check fashion, to wipe out the main 130 00:06:53,520 --> 00:06:56,920 Speaker 4: the main parasites in poor and working class people fly. 131 00:06:57,600 --> 00:07:00,320 Speaker 4: So you know, people here saved twenty forty bus sound 132 00:07:00,440 --> 00:07:03,200 Speaker 4: like much to them, But when you're talking about now 133 00:07:03,279 --> 00:07:06,040 Speaker 4: you can save ten percent of your income, what about 134 00:07:06,080 --> 00:07:07,720 Speaker 4: let person gets to raise and get five on your 135 00:07:07,800 --> 00:07:10,400 Speaker 4: thousand on. Now you're saving more money. So that is 136 00:07:10,400 --> 00:07:13,040 Speaker 4: the attack, and the next phase is in loans and 137 00:07:13,120 --> 00:07:14,840 Speaker 4: home ownership, automobile. 138 00:07:14,320 --> 00:07:15,920 Speaker 2: Ownership, and in the phase after that. 139 00:07:16,280 --> 00:07:19,880 Speaker 4: So I like the fact that Ryan is, unlike in 140 00:07:19,920 --> 00:07:22,640 Speaker 4: the past, is not trying to do everything himself at 141 00:07:22,640 --> 00:07:25,600 Speaker 4: the same time as much as he's seeking And they're 142 00:07:25,640 --> 00:07:28,520 Speaker 4: talking to allies at this moment realizing who are they 143 00:07:28,600 --> 00:07:30,440 Speaker 4: going to get into business with in terms of partnering 144 00:07:30,440 --> 00:07:33,560 Speaker 4: with larger institutions that recover, who are the institutions that 145 00:07:33,560 --> 00:07:35,720 Speaker 4: your money is actually going to be sitting with, and 146 00:07:35,760 --> 00:07:37,560 Speaker 4: as a platform, what they can do to reduce the 147 00:07:37,600 --> 00:07:40,640 Speaker 4: even cost of you, help you become more financially literate, help. 148 00:07:40,520 --> 00:07:42,240 Speaker 3: You to save and something. And that's the first step. 149 00:07:42,280 --> 00:07:44,480 Speaker 3: Eradicate the check cash. Yes, pushing the back of the 150 00:07:44,560 --> 00:07:46,160 Speaker 3: day was also the sofone store. 151 00:07:46,400 --> 00:07:47,920 Speaker 2: Absolutely, that's level. 152 00:07:49,560 --> 00:07:52,240 Speaker 3: Then we got the deposits and loans, and so I 153 00:07:52,240 --> 00:07:55,200 Speaker 3: guess the next the last things would be business loans. 154 00:07:55,200 --> 00:07:57,000 Speaker 2: Small business loans. Yeah what small man. 155 00:07:57,000 --> 00:07:58,480 Speaker 4: Now, I don't think that's the last stage. I just 156 00:07:58,520 --> 00:07:59,960 Speaker 4: think that I just think that if you're going to 157 00:08:00,080 --> 00:08:02,720 Speaker 4: run nine miles. Plot out your first three, then plot 158 00:08:02,760 --> 00:08:04,640 Speaker 4: out your next three, and then your final three. Right, 159 00:08:04,960 --> 00:08:07,240 Speaker 4: So let's just say those are the first three miles. Yeah, 160 00:08:07,240 --> 00:08:08,320 Speaker 4: and I saw I wrestling. 161 00:08:08,000 --> 00:08:12,960 Speaker 1: Where Ryan said, like, I think fifty percent of black businesses, Oh, 162 00:08:13,040 --> 00:08:16,679 Speaker 1: black businesses get loans at fifty percent lower rate white businesses. 163 00:08:17,000 --> 00:08:20,160 Speaker 4: I think it's we're returned, yeah, at fifty percent lower rates. 164 00:08:20,320 --> 00:08:24,160 Speaker 4: We're also denied in comparable application. We're denied twenty one 165 00:08:24,200 --> 00:08:25,640 Speaker 4: percent of the time in white's on eight. 166 00:08:25,880 --> 00:08:28,880 Speaker 1: Okay, So, and so I'm assuming that's something that you 167 00:08:28,920 --> 00:08:31,560 Speaker 1: guys will be trying to eradicate. 168 00:08:31,600 --> 00:08:33,760 Speaker 4: As far as with Greenswood, there's definitely going to be 169 00:08:33,800 --> 00:08:35,880 Speaker 4: you know, Greenwood is not Superman, doesn't come in the 170 00:08:35,880 --> 00:08:38,920 Speaker 4: same What it is is a part of the Avengures. 171 00:08:38,960 --> 00:08:42,560 Speaker 4: It's a part of alternative ways now for us to 172 00:08:42,600 --> 00:08:45,560 Speaker 4: take control around dollars. And that's everything from a new 173 00:08:45,600 --> 00:08:48,560 Speaker 4: black credit union that's popping up. It's everything from the 174 00:08:48,559 --> 00:08:50,600 Speaker 4: traditional black banks that are already in the market, whether 175 00:08:50,640 --> 00:08:53,520 Speaker 4: it be Citizens Trust or Carver or One United, and 176 00:08:53,559 --> 00:08:56,280 Speaker 4: that's new platform and fintech like Greenwood. You know, I'm 177 00:08:56,280 --> 00:08:59,600 Speaker 4: an advocate for you know, if you want to if 178 00:08:59,679 --> 00:09:01,520 Speaker 4: you want to get the freedom, take a whole lot 179 00:09:01,559 --> 00:09:05,040 Speaker 4: of buses, you know, don't depend on everyone going in 180 00:09:05,120 --> 00:09:06,960 Speaker 4: one bus, you know what I'm saying. And he even 181 00:09:07,000 --> 00:09:10,439 Speaker 4: told me and Ryan don't travel together, you know what 182 00:09:10,480 --> 00:09:12,199 Speaker 4: I mean. He's just like what you guys are doing 183 00:09:12,240 --> 00:09:15,800 Speaker 4: is that, See don't even travel together. Because if freedom 184 00:09:15,840 --> 00:09:18,920 Speaker 4: is the objective, there may be slightly different variations up, 185 00:09:19,320 --> 00:09:21,400 Speaker 4: but we'll get there even if it's not at the 186 00:09:21,400 --> 00:09:23,040 Speaker 4: same time. But I think we need a lot of 187 00:09:23,080 --> 00:09:25,800 Speaker 4: pistons firing and an engine, not just one, and we 188 00:09:25,960 --> 00:09:30,560 Speaker 4: have to we have to begin to end. I would 189 00:09:30,600 --> 00:09:35,480 Speaker 4: want or or need to critique or overly criticize based 190 00:09:35,520 --> 00:09:37,040 Speaker 4: on a cast failure. 191 00:09:36,760 --> 00:09:38,800 Speaker 2: Because the failure is something you learned from that, and 192 00:09:38,800 --> 00:09:39,280 Speaker 2: that's the part. 193 00:09:39,360 --> 00:09:43,240 Speaker 3: It was like if people understood their relationship with the money, 194 00:09:43,400 --> 00:09:46,200 Speaker 3: they would understand. It's like if my iPhone breaks, I 195 00:09:46,240 --> 00:09:48,560 Speaker 3: don't say I'm never using Apple. I'm just gonna get 196 00:09:48,559 --> 00:09:50,840 Speaker 3: another iPhone, you know what I mean. But if we like, 197 00:09:50,960 --> 00:09:52,880 Speaker 3: and I bank with citizens or shout out to citizens, 198 00:09:52,880 --> 00:09:56,160 Speaker 3: but if they like, if they mess up with deposit, 199 00:09:56,280 --> 00:09:57,839 Speaker 3: It's not like y'all never banking with them again. 200 00:09:57,880 --> 00:09:59,680 Speaker 2: I'm gonna give them the same thing. We gotta get it fixed. 201 00:10:00,240 --> 00:10:01,760 Speaker 4: And again that's why I tell people like one day 202 00:10:01,760 --> 00:10:04,480 Speaker 4: as a leader, which I wasn't even in the in 203 00:10:04,800 --> 00:10:06,840 Speaker 4: the space to be, but they pay another people like 204 00:10:06,840 --> 00:10:08,040 Speaker 4: that black women to make you leave. 205 00:10:09,320 --> 00:10:12,000 Speaker 2: But you know, I'm gonna say my bad, I fucked 206 00:10:12,040 --> 00:10:18,160 Speaker 4: Up my graduates from my school being force back drop 207 00:10:18,840 --> 00:10:22,560 Speaker 4: back drop, Mike drop, back drop drop