1 00:00:03,800 --> 00:00:09,280 Speaker 1: It's that time time, time, time, luck and load. 2 00:00:11,119 --> 00:00:17,239 Speaker 2: So Michael Very Show is on the air, and now 3 00:00:17,440 --> 00:00:20,760 Speaker 2: a totally random week in review from the past. Take 4 00:00:20,800 --> 00:00:21,799 Speaker 2: a guess when this was. 5 00:00:23,200 --> 00:00:26,200 Speaker 3: This song is so bad that Peter Stara turned it down. 6 00:00:32,600 --> 00:00:35,960 Speaker 3: Peter said, Tara said it was too sappy. 7 00:00:36,920 --> 00:00:38,519 Speaker 2: Just we're gonna give it to Brian Anna give it 8 00:00:38,560 --> 00:00:42,560 Speaker 2: to him. That sucker to do anything hard to say 9 00:00:42,560 --> 00:00:48,400 Speaker 2: I'm sorry and glory of love. But this this is 10 00:00:48,440 --> 00:00:51,120 Speaker 2: the line too far. But you're gonna have to do. 11 00:00:51,159 --> 00:00:53,400 Speaker 2: You're the inspiration. Ah Man. 12 00:00:55,880 --> 00:00:58,600 Speaker 4: Please say a mother is accused of shooting our thirteen 13 00:00:58,680 --> 00:00:59,960 Speaker 4: year old sons, We're gonna argue. 14 00:01:00,160 --> 00:01:02,640 Speaker 5: According to Precinct fort, they say around five point thirty 15 00:01:02,680 --> 00:01:04,880 Speaker 5: they got a call saying that the mom and the 16 00:01:04,920 --> 00:01:07,240 Speaker 5: son were fighting each other and let's go a verbal 17 00:01:07,240 --> 00:01:11,039 Speaker 5: disturbance and ultimately let her to fire her handgun and 18 00:01:11,080 --> 00:01:11,759 Speaker 5: striking the child. 19 00:01:11,800 --> 00:01:13,880 Speaker 2: I mean, I don't think the average mom wants to 20 00:01:13,880 --> 00:01:16,679 Speaker 2: shoot her thirteen year old son. And a thirteen year 21 00:01:16,680 --> 00:01:19,559 Speaker 2: old kid can drive a mother absolutely up the wall. 22 00:01:19,640 --> 00:01:22,120 Speaker 2: I know. I certainly did my mom hit me with 23 00:01:22,200 --> 00:01:25,560 Speaker 2: a broom one time, I mean walat me with a broom, 24 00:01:25,880 --> 00:01:28,160 Speaker 2: and I had a bruise the next day. 25 00:01:28,640 --> 00:01:32,600 Speaker 6: Nicolobe Ultra has officially claimed the title of America's number 26 00:01:32,800 --> 00:01:33,679 Speaker 6: one beer. 27 00:01:33,840 --> 00:01:35,480 Speaker 7: And I want to say thank you to all of 28 00:01:35,480 --> 00:01:39,639 Speaker 7: our partner's many as we have joined us today, Raising Caine, 29 00:01:40,520 --> 00:01:41,039 Speaker 7: mitchell Oo. 30 00:01:41,280 --> 00:01:45,520 Speaker 2: Ultra, raising Cain. No s he don't own it. He's 31 00:01:45,720 --> 00:01:50,160 Speaker 2: raising Cain and Mitchello. Oh, Mitchello, Ultra. 32 00:01:50,480 --> 00:01:57,360 Speaker 8: You and me the dark, counting the stars. 33 00:01:57,520 --> 00:01:59,120 Speaker 2: The worst day of fishing is better than the best 34 00:01:59,200 --> 00:02:00,920 Speaker 2: day at work. And I'm one of these people's like 35 00:02:00,960 --> 00:02:03,880 Speaker 2: to cast more than I like to catch. Fitch Why 36 00:02:03,880 --> 00:02:05,520 Speaker 2: I can't fly fish? I like to throw it out 37 00:02:05,520 --> 00:02:08,600 Speaker 2: there bringing in. That's why I don't hire guides anymore 38 00:02:08,639 --> 00:02:11,320 Speaker 2: because they'll go, uh, you do a wire cast? Won't 39 00:02:11,360 --> 00:02:13,160 Speaker 2: you let it sit down for a minute? Oh no, 40 00:02:13,680 --> 00:02:17,919 Speaker 2: I need some action. Constant Gramona, you're using the in 41 00:02:18,040 --> 00:02:22,640 Speaker 2: word constantly, and I'm using it even more often. It's 42 00:02:22,720 --> 00:02:29,040 Speaker 2: the new inward. Ashani Mufuku by a vowel Lady, is 43 00:02:29,080 --> 00:02:35,320 Speaker 2: a self described cultural competency coach. That's always cute. You 44 00:02:35,360 --> 00:02:37,800 Speaker 2: get these people who run around white people love to 45 00:02:37,880 --> 00:02:39,720 Speaker 2: hire black people to tell them how awful they are. 46 00:02:41,160 --> 00:02:48,000 Speaker 2: She's a cultural competency coach, confident communications strategist, and the 47 00:02:48,000 --> 00:02:51,040 Speaker 2: host and producer of The Anti Racism School is in 48 00:02:51,160 --> 00:02:55,200 Speaker 2: Session podcast. Well, she has a list of words and 49 00:02:55,200 --> 00:02:57,520 Speaker 2: phrases that are just as bad as the IN word, 50 00:02:58,800 --> 00:03:01,960 Speaker 2: and I fear that I use them all so as 51 00:03:02,000 --> 00:03:06,440 Speaker 2: an anti racist. Apparently she's anti Michael Barry. Here is 52 00:03:06,480 --> 00:03:09,680 Speaker 2: her list and ramon, we'll just I'll just ask you 53 00:03:09,720 --> 00:03:11,760 Speaker 2: to give a dean on each one of them. If 54 00:03:11,800 --> 00:03:14,000 Speaker 2: you think I use that word often. Okay, these are 55 00:03:14,040 --> 00:03:16,880 Speaker 2: the new in words you awfuol people out there. She's 56 00:03:16,919 --> 00:03:19,600 Speaker 2: telling you what words you cannot use because they are 57 00:03:19,680 --> 00:03:20,200 Speaker 2: the inWORD. 58 00:03:21,320 --> 00:03:23,800 Speaker 9: Ten ways you say the N word without saying the 59 00:03:23,919 --> 00:03:26,200 Speaker 9: N word. If you use any of these terms or 60 00:03:26,240 --> 00:03:28,600 Speaker 9: phrases in reference to black people, you are just as 61 00:03:28,680 --> 00:03:31,800 Speaker 9: racist as the person that actually uses the N word. 62 00:03:32,200 --> 00:03:37,720 Speaker 9: Here are the words thug, ghetto, welfare, queen, lazy, race, fader, 63 00:03:37,840 --> 00:03:41,360 Speaker 9: race s grifter, threatening, angry, dangerous, or you say that 64 00:03:41,400 --> 00:03:44,640 Speaker 9: we're playing the victim or we are a diversity higher. 65 00:03:44,920 --> 00:03:47,200 Speaker 2: What you actually mean to say is the N word. 66 00:03:47,680 --> 00:03:48,560 Speaker 2: Just stop it. 67 00:03:48,800 --> 00:03:50,680 Speaker 9: If you say these words are phrases, you are calling 68 00:03:50,800 --> 00:03:53,200 Speaker 9: us the N word. If you say these ignorant racist 69 00:03:53,280 --> 00:03:55,880 Speaker 9: terms or phrases around your children. You're also teaching your 70 00:03:55,960 --> 00:03:58,880 Speaker 9: children to be racist just like you. So I have 71 00:03:58,920 --> 00:04:01,400 Speaker 9: good news and bad news for you. Here's the bad news, 72 00:04:01,640 --> 00:04:04,120 Speaker 9: you're not as non racist as you thought you were, 73 00:04:04,120 --> 00:04:06,240 Speaker 9: and you're certainly not anti racist. 74 00:04:06,600 --> 00:04:07,640 Speaker 2: Here's the good news. 75 00:04:07,920 --> 00:04:10,880 Speaker 9: You can unlearn all the racist crap you've been taught 76 00:04:10,960 --> 00:04:14,400 Speaker 9: and reject white supremacist ideologies that you've believed. 77 00:04:14,120 --> 00:04:15,240 Speaker 2: For your entire life. 78 00:04:16,720 --> 00:04:20,440 Speaker 10: But can I pay you for the privilege a Shani? 79 00:04:21,320 --> 00:04:25,600 Speaker 10: Will you lecture me? In the meantime? I bet some 80 00:04:25,640 --> 00:04:31,240 Speaker 10: people will put put a ball a ball gag and. 81 00:04:32,640 --> 00:04:37,640 Speaker 2: A leather skull cap and dog chain and have a 82 00:04:37,680 --> 00:04:39,960 Speaker 2: Shawnee lead them around and whip them and tell them 83 00:04:40,000 --> 00:04:43,120 Speaker 2: how awful they are and what racist they are for 84 00:04:43,240 --> 00:04:46,120 Speaker 2: all the phrases they use to describe the racist like 85 00:04:46,160 --> 00:04:51,200 Speaker 2: Ashani Mufoko. What's funny is half of those words she's 86 00:04:51,240 --> 00:04:54,800 Speaker 2: describing she's engaged in right now, race drifting, race baiting, 87 00:04:56,040 --> 00:04:59,920 Speaker 2: victim syndrome. Anytime you start with somebody being a cult, 88 00:05:00,040 --> 00:05:05,520 Speaker 2: vital competency coach and a confident communication strategist, I think 89 00:05:05,560 --> 00:05:07,400 Speaker 2: you're none of those things, lady. I think you're a 90 00:05:07,440 --> 00:05:09,839 Speaker 2: fraud and a great What do they read the thing again? 91 00:05:09,839 --> 00:05:12,120 Speaker 2: And let's stop them with each one. Here we go 92 00:05:12,400 --> 00:05:13,279 Speaker 2: ten ways. 93 00:05:13,040 --> 00:05:15,360 Speaker 9: You say the IN word without saying the N word. 94 00:05:15,800 --> 00:05:17,839 Speaker 9: If you use any of these terms or phrases in 95 00:05:17,880 --> 00:05:20,520 Speaker 9: reference to black people, you are just as racist as 96 00:05:20,520 --> 00:05:21,960 Speaker 9: the person that actually. 97 00:05:21,680 --> 00:05:25,760 Speaker 2: Uses the N word. Oh okay, here are the words. Thug. Yeah, thug. 98 00:05:25,800 --> 00:05:27,920 Speaker 2: That's a good one. That's a good one. It's actually 99 00:05:28,520 --> 00:05:31,080 Speaker 2: a word that came from India. Believe it or not. Yeah, 100 00:05:31,080 --> 00:05:33,520 Speaker 2: a thug is a word that came from India, And 101 00:05:33,560 --> 00:05:35,200 Speaker 2: I think we all know what a thug is when 102 00:05:35,200 --> 00:05:37,560 Speaker 2: we see it. It's good to have such words because 103 00:05:37,600 --> 00:05:40,880 Speaker 2: otherwise people might refer to someone who is a thug 104 00:05:41,279 --> 00:05:45,599 Speaker 2: as a black person, and every black person is not 105 00:05:45,680 --> 00:05:48,840 Speaker 2: a thug. So you got a thug who's a thug 106 00:05:49,320 --> 00:05:52,400 Speaker 2: and he's engaged in thuggery. So when that thug is 107 00:05:52,440 --> 00:05:55,440 Speaker 2: thugging and you say, yeah, there was a thug, you 108 00:05:55,560 --> 00:05:58,640 Speaker 2: have to have a way you can say it that 109 00:05:58,839 --> 00:06:02,760 Speaker 2: isn't related to the color. So when a thug is thugging, 110 00:06:03,560 --> 00:06:07,440 Speaker 2: nobody's calling you a thug. If you're not a thug 111 00:06:08,160 --> 00:06:13,800 Speaker 2: because you're black, so no, all right, next ghetto ghetto. 112 00:06:13,880 --> 00:06:16,680 Speaker 2: Oh you're guilty again. So Ray s Grifter says that 113 00:06:16,800 --> 00:06:18,640 Speaker 2: saying these things are the same as the N word, 114 00:06:18,640 --> 00:06:19,599 Speaker 2: But that's not true. 115 00:06:20,400 --> 00:06:22,080 Speaker 8: It's wrong to make fun of people, you know, but 116 00:06:22,120 --> 00:06:25,480 Speaker 8: it's so fun sometimes. I've written for some TV shows, 117 00:06:25,680 --> 00:06:27,680 Speaker 8: and you know, on a major TV show, you have 118 00:06:27,720 --> 00:06:29,920 Speaker 8: to be careful about what you say about people because 119 00:06:29,920 --> 00:06:32,040 Speaker 8: a lot of people can get offended, or so it has. 120 00:06:31,960 --> 00:06:34,960 Speaker 2: Been explained to me. I was once. I'll tell you this. 121 00:06:35,000 --> 00:06:36,719 Speaker 8: I was writing for an awards show once and I 122 00:06:36,720 --> 00:06:38,800 Speaker 8: got into some trouble. I wrote a joke for this 123 00:06:38,880 --> 00:06:41,360 Speaker 8: awards show that had the word midget in it, and 124 00:06:41,440 --> 00:06:44,440 Speaker 8: someone from the network came down to our offices and 125 00:06:44,480 --> 00:06:46,559 Speaker 8: he said to me, hey, you can't put the word 126 00:06:46,600 --> 00:06:49,560 Speaker 8: midget on TV. And I said, I sure would like to, 127 00:06:50,600 --> 00:06:53,560 Speaker 8: and he said, no, midget is as bad as the 128 00:06:53,680 --> 00:07:01,640 Speaker 8: END word. First off, no, no, no, it's not. Do 129 00:07:01,720 --> 00:07:03,560 Speaker 8: you know how I know it's not, I said to him, 130 00:07:03,640 --> 00:07:06,680 Speaker 8: is because we're saying the word midget and we're not 131 00:07:06,800 --> 00:07:11,200 Speaker 8: even saying what the N word is. If you're comparing 132 00:07:11,240 --> 00:07:14,280 Speaker 8: the badness of two words and you won't even say 133 00:07:14,320 --> 00:07:19,480 Speaker 8: one of them. That's the worst word. Also, I don't 134 00:07:19,480 --> 00:07:21,240 Speaker 8: mean the gloss over, but like little people have. 135 00:07:21,240 --> 00:07:22,080 Speaker 2: Been through in this country. 136 00:07:22,080 --> 00:07:25,240 Speaker 8: But you cannot compare the plight of midgets to African Americans. 137 00:07:25,480 --> 00:07:26,600 Speaker 2: That is outrageous. 138 00:07:26,760 --> 00:07:30,320 Speaker 8: Midgets were never enslaved unless you count the walka factory. 139 00:07:33,480 --> 00:07:35,240 Speaker 2: So we get into this argument. We're going back and forth. 140 00:07:35,280 --> 00:07:36,679 Speaker 8: He goes, you can't put that word on TV. 141 00:07:36,520 --> 00:07:37,280 Speaker 2: And I said, I want to. 142 00:07:37,320 --> 00:07:39,000 Speaker 8: And he goes, if you put that word on TV, 143 00:07:39,280 --> 00:07:41,840 Speaker 8: there could be a protest of midgets on this building. 144 00:07:42,120 --> 00:07:43,680 Speaker 2: And I said, promise. 145 00:07:47,400 --> 00:07:50,960 Speaker 9: The term intercourse on your program, Michael. 146 00:07:50,680 --> 00:07:57,440 Speaker 2: Barry if it's a story for journalistic purposes. Department Assistant 147 00:07:57,440 --> 00:08:01,800 Speaker 2: Secretary for Financial Markets, and he is our guest, Luke, 148 00:08:02,240 --> 00:08:05,520 Speaker 2: I guess the first question is what exactly is this account? 149 00:08:05,520 --> 00:08:09,920 Speaker 2: Who qualifies for it? When does it begin? Yeah, So 150 00:08:10,240 --> 00:08:11,640 Speaker 2: the Trump Accounts. 151 00:08:11,240 --> 00:08:12,760 Speaker 6: Which are going to go live on the fourth of 152 00:08:12,840 --> 00:08:16,560 Speaker 6: July next year, are really a transformational program that are 153 00:08:16,560 --> 00:08:20,280 Speaker 6: going to open up investment accounts for children under eighteen 154 00:08:21,080 --> 00:08:24,080 Speaker 6: starting next year to allow them to build you know, 155 00:08:24,240 --> 00:08:28,239 Speaker 6: real net worth for their futures, allow them to harness 156 00:08:28,280 --> 00:08:30,679 Speaker 6: the power of compound growth, and give them a stake 157 00:08:30,840 --> 00:08:34,000 Speaker 6: in America's future, and so as america and economy grows, 158 00:08:34,000 --> 00:08:35,840 Speaker 6: so does their net worth. And so these will be 159 00:08:35,880 --> 00:08:39,400 Speaker 6: broad based investment accounts that will be investing in US 160 00:08:39,440 --> 00:08:42,720 Speaker 6: stock indices, ensuring that, you know, families and children's get 161 00:08:42,760 --> 00:08:45,920 Speaker 6: simple and transparent and affordable growth. 162 00:08:45,760 --> 00:08:46,640 Speaker 2: Options for them. 163 00:08:47,000 --> 00:08:49,560 Speaker 6: But it will be essentially an investment account that they 164 00:08:49,600 --> 00:08:52,480 Speaker 6: will have and let it grow. Their parents and their 165 00:08:52,559 --> 00:08:55,280 Speaker 6: parents employers will contribute to and once I turn eighteen, 166 00:08:55,320 --> 00:08:59,040 Speaker 6: it'll for traditional wroth or traditional rather. 167 00:09:00,679 --> 00:09:00,880 Speaker 8: You know. 168 00:09:00,960 --> 00:09:05,200 Speaker 2: I've talked on their in fact as recently as yesterday 169 00:09:05,720 --> 00:09:08,040 Speaker 2: about the fact that growing up in a working class home, 170 00:09:09,160 --> 00:09:11,720 Speaker 2: parents didn't go to college, nobody in our family ever had, 171 00:09:12,440 --> 00:09:16,680 Speaker 2: and the idea of you saved your money, the idea 172 00:09:16,720 --> 00:09:21,400 Speaker 2: of investing was not something that was ever discussed. And 173 00:09:21,480 --> 00:09:24,840 Speaker 2: I realized as I got much older that if you 174 00:09:24,920 --> 00:09:28,000 Speaker 2: will start putting money in the earlier the better. A 175 00:09:28,080 --> 00:09:33,719 Speaker 2: little money consistently over a lot of time turns out 176 00:09:33,800 --> 00:09:36,160 Speaker 2: to be a great deal of money. And there is 177 00:09:36,200 --> 00:09:38,760 Speaker 2: this idea that you earn it and you save it, 178 00:09:38,800 --> 00:09:42,199 Speaker 2: but investing is how you create real wealth. And I 179 00:09:42,240 --> 00:09:46,600 Speaker 2: love the idea of encouraging people to understand that sooner 180 00:09:46,760 --> 00:09:51,160 Speaker 2: rather than later. You're exactly right. 181 00:09:51,160 --> 00:09:53,960 Speaker 6: And if you think about it, those first formative years 182 00:09:54,040 --> 00:09:57,720 Speaker 6: when a child is growing up, if they have money 183 00:09:57,880 --> 00:10:00,560 Speaker 6: sitting in a savings account from their parents since not 184 00:10:00,600 --> 00:10:02,760 Speaker 6: being invested, that they're losing out on a lot of returns. 185 00:10:03,080 --> 00:10:03,959 Speaker 2: Since ninety fifty. 186 00:10:03,800 --> 00:10:05,720 Speaker 6: Seven, the S and P five hundred is delivered an 187 00:10:05,720 --> 00:10:09,000 Speaker 6: average annual return of ten point five percent. 188 00:10:09,280 --> 00:10:10,200 Speaker 2: I mean, that's a lot of money. 189 00:10:10,240 --> 00:10:12,240 Speaker 6: And if you think about it, even this thousand dollars 190 00:10:12,280 --> 00:10:15,800 Speaker 6: seed which children born between calendars twenty five through twenty 191 00:10:15,840 --> 00:10:18,840 Speaker 6: eight will get, that alone, compounded at that rate for 192 00:10:18,920 --> 00:10:20,840 Speaker 6: sixty five years is six. 193 00:10:20,679 --> 00:10:22,000 Speaker 2: Hundred and seventy four thousand dollars. 194 00:10:22,080 --> 00:10:24,520 Speaker 6: I mean, we're talking about a lot of compound investment 195 00:10:24,559 --> 00:10:26,920 Speaker 6: over the course of their life. And then when you 196 00:10:26,960 --> 00:10:30,320 Speaker 6: think about the engagement that children will have with these accounts, 197 00:10:30,440 --> 00:10:33,040 Speaker 6: learning about what is compounding, what is investing, and how 198 00:10:33,040 --> 00:10:34,880 Speaker 6: do I plan for my future so I can have 199 00:10:35,800 --> 00:10:38,880 Speaker 6: a nest egg for when I'm older and ready for retirement. 200 00:10:39,440 --> 00:10:42,200 Speaker 6: This is this is a profound and powerful paradigm shift 201 00:10:42,240 --> 00:10:43,320 Speaker 6: we're about to witness here. 202 00:10:44,000 --> 00:10:46,679 Speaker 2: Luke gets It's amazing. Luke Pettitt is our guest. Treasury 203 00:10:46,679 --> 00:10:50,079 Speaker 2: Department Assistant Secretary for Financial Markets. I started a Robinhood 204 00:10:50,120 --> 00:10:52,240 Speaker 2: account for my kids when they were in middle school, 205 00:10:52,960 --> 00:10:55,120 Speaker 2: and it was fascinating to me how all of a 206 00:10:55,160 --> 00:10:58,160 Speaker 2: sudden they were interested in investing. They wanted to talk 207 00:10:58,200 --> 00:11:02,320 Speaker 2: about particular companies and their stock future and disclosures that 208 00:11:02,360 --> 00:11:05,000 Speaker 2: they had made that might potentially harm their stock price, 209 00:11:05,440 --> 00:11:09,600 Speaker 2: are new announcements of products that they were launching. They 210 00:11:09,640 --> 00:11:14,360 Speaker 2: began to understand how capital funds deals, and how capital 211 00:11:14,440 --> 00:11:17,200 Speaker 2: is liquid and how it moves, and how capital gets scared, 212 00:11:17,200 --> 00:11:20,480 Speaker 2: and how capital gets excited and sometimes that exuberance can 213 00:11:20,520 --> 00:11:24,000 Speaker 2: be silly, and sometimes the fear can be nonsensical. But 214 00:11:24,360 --> 00:11:29,000 Speaker 2: understanding that this is the underpinning of how our economy works, 215 00:11:29,280 --> 00:11:32,840 Speaker 2: particularly as regards public companies, it was amazing to me 216 00:11:32,960 --> 00:11:34,880 Speaker 2: how this was the best thing. You know. You know, 217 00:11:34,920 --> 00:11:38,160 Speaker 2: you try to explain these things on long driving trips. 218 00:11:38,360 --> 00:11:41,040 Speaker 2: It's not until their money is at play. I started 219 00:11:41,040 --> 00:11:44,120 Speaker 2: them checking accounts and gave them access, and it was 220 00:11:44,200 --> 00:11:46,200 Speaker 2: amazing how all of a sudden, when they had to 221 00:11:46,200 --> 00:11:49,720 Speaker 2: pay for their own things, things that made sense. Before 222 00:11:49,760 --> 00:11:52,280 Speaker 2: you know, Crockett was having his sports team over to 223 00:11:52,320 --> 00:11:55,320 Speaker 2: the house and we've always done raising canes for all 224 00:11:55,360 --> 00:11:58,040 Speaker 2: the kids. And he said, I don't think we need 225 00:11:58,080 --> 00:12:00,920 Speaker 2: to have food for it was for his young life group. 226 00:12:00,960 --> 00:12:02,480 Speaker 2: I don't think we need to have food for the event. 227 00:12:03,040 --> 00:12:05,280 Speaker 2: My wife said, well why not? We always do. I 228 00:12:05,280 --> 00:12:06,920 Speaker 2: don't think anybody likes it. Well, he didn't want to 229 00:12:06,920 --> 00:12:08,760 Speaker 2: have to pay for it. So all of a sudden, 230 00:12:08,960 --> 00:12:11,319 Speaker 2: money makes sense. There's a cost to things, and I 231 00:12:11,400 --> 00:12:13,760 Speaker 2: think the earlier that kids can learn these things the better. 232 00:12:15,640 --> 00:12:17,160 Speaker 2: That's right, It comes down to ownership. 233 00:12:17,679 --> 00:12:20,079 Speaker 6: In these programs, these Trump accounts are going to give 234 00:12:20,080 --> 00:12:25,079 Speaker 6: every child an ownership stake in the American economy, American companies, 235 00:12:25,760 --> 00:12:29,600 Speaker 6: and a first hand experience with capitalism and markets in 236 00:12:29,640 --> 00:12:30,120 Speaker 6: a way. 237 00:12:29,920 --> 00:12:31,480 Speaker 2: That would be hard to deliver otherwise. 238 00:12:31,480 --> 00:12:33,400 Speaker 6: And so it's filling a gap that I don't think 239 00:12:33,400 --> 00:12:36,600 Speaker 6: people realize needed to be filled until President Trump really 240 00:12:36,679 --> 00:12:39,480 Speaker 6: leaned in in the working family and tax cuts that 241 00:12:39,559 --> 00:12:43,560 Speaker 6: we saw past earlier this summer. And like I said before, 242 00:12:43,600 --> 00:12:47,160 Speaker 6: we're about to see a transformational shift in how children 243 00:12:47,160 --> 00:12:49,880 Speaker 6: are viewing capitalism, the markets, and their stake in the 244 00:12:49,880 --> 00:12:50,800 Speaker 6: American economy. 245 00:12:50,920 --> 00:12:53,079 Speaker 2: I love it, I absolutely love it. We're talking about 246 00:12:53,160 --> 00:12:56,600 Speaker 2: children born beginning January first of this year. So if 247 00:12:56,640 --> 00:12:58,200 Speaker 2: you have a baby that was born in this calendar 248 00:12:58,280 --> 00:13:01,000 Speaker 2: year and that goes through the end of twenty twenty eight, 249 00:13:01,000 --> 00:13:04,120 Speaker 2: so December thirty, first of twenty twenty eight. It is 250 00:13:04,240 --> 00:13:08,480 Speaker 2: a pilot program. That's who qualifies. Look, how did you 251 00:13:08,600 --> 00:13:13,760 Speaker 2: end up in the Department of Treasury. You know I was. 252 00:13:14,160 --> 00:13:16,120 Speaker 6: I had the pleasure of being nominated by the President 253 00:13:16,160 --> 00:13:19,480 Speaker 6: to fill the role for Assistant Secretary for Financial Institutions. 254 00:13:19,960 --> 00:13:23,199 Speaker 6: Secretary Bessons places trust in me to fulfill this role, 255 00:13:23,240 --> 00:13:25,880 Speaker 6: and as part of that, I've been tasked with helping 256 00:13:26,240 --> 00:13:30,520 Speaker 6: ensure the Treasury Department, which is leading the implementation of 257 00:13:30,520 --> 00:13:34,160 Speaker 6: Trump Accounts. You know that we have a successful launch 258 00:13:34,160 --> 00:13:35,840 Speaker 6: on the fourth of July because of how important this 259 00:13:35,840 --> 00:13:36,440 Speaker 6: program is. 260 00:13:37,040 --> 00:13:38,080 Speaker 2: But by the grace of God. 261 00:13:37,920 --> 00:13:39,960 Speaker 6: I got here, and I'm honored to be here in 262 00:13:39,960 --> 00:13:42,320 Speaker 6: this building working for Secretary Vessin and for President Trump. 263 00:13:42,800 --> 00:13:45,960 Speaker 6: But one thing on your point earlier, it's not just 264 00:13:46,200 --> 00:13:48,600 Speaker 6: for kids who are born in January first, twenty five 265 00:13:48,640 --> 00:13:51,160 Speaker 6: through the end of twenty eight any children can create 266 00:13:51,200 --> 00:13:54,920 Speaker 6: these accounts. And you know Michael Dell's historic announcement on 267 00:13:55,000 --> 00:13:58,480 Speaker 6: Tuesday six point twenty five billion dollars. That's two hudred 268 00:13:58,520 --> 00:14:01,720 Speaker 6: fifty dollars per child from twenty five million Americans. And 269 00:14:01,760 --> 00:14:04,600 Speaker 6: that expands the scope of eligible children who can not 270 00:14:04,640 --> 00:14:08,080 Speaker 6: only create accounts, but also receive a seed an investment 271 00:14:08,120 --> 00:14:10,440 Speaker 6: to start and to base their investments off of. 272 00:14:12,000 --> 00:14:13,839 Speaker 2: You know, it's amazing. I saw a chart the other 273 00:14:13,920 --> 00:14:17,000 Speaker 2: day that if every person would contribute from when they're 274 00:14:17,040 --> 00:14:21,760 Speaker 2: a child one dollar into an investment, what that number 275 00:14:21,840 --> 00:14:24,520 Speaker 2: will be by the time they're thirty forty to fifty sixty. 276 00:14:24,560 --> 00:14:27,480 Speaker 2: You're talking about retirement level dollars. And we can each 277 00:14:27,520 --> 00:14:30,520 Speaker 2: set aside a dollar. That's easy enough to do. It's 278 00:14:30,560 --> 00:14:33,600 Speaker 2: amazing to get people to start thinking in terms of 279 00:14:33,640 --> 00:14:37,160 Speaker 2: not just saving, but investing and putting your work, your 280 00:14:37,160 --> 00:14:40,160 Speaker 2: money to work, and creating more wealthe I love the concept. 281 00:14:40,240 --> 00:14:43,960 Speaker 2: Look Pettitt, Treasury Department Assistant Secretary for Financial Markets. Thank you, 282 00:14:44,000 --> 00:14:48,200 Speaker 2: good sir, thanks for having me to day. The first 283 00:14:48,240 --> 00:14:50,600 Speaker 2: I've been destroying the black community is to dismantle the 284 00:14:50,600 --> 00:14:53,920 Speaker 2: black family. Michael Barry, Joe, why don't we ask missus 285 00:14:53,960 --> 00:14:54,600 Speaker 2: Willie Brown? 286 00:14:54,640 --> 00:14:57,240 Speaker 8: If Kamala Harris cares about black families. 287 00:14:57,760 --> 00:15:02,200 Speaker 2: I just ask the mom Ramone does all the music 288 00:15:02,280 --> 00:15:04,480 Speaker 2: sound everything like that while we're live on the air. 289 00:15:06,600 --> 00:15:12,480 Speaker 2: Chad Kunda Jim work on the off air stuff, including research, 290 00:15:13,440 --> 00:15:17,520 Speaker 2: building the parodies. But Ramona is the one across the 291 00:15:17,560 --> 00:15:20,960 Speaker 2: glass were lived and it is his prerogative what we 292 00:15:21,040 --> 00:15:24,480 Speaker 2: come back from the breaks with, which is what's known 293 00:15:24,480 --> 00:15:29,080 Speaker 2: as a bump. The bump music and bump music's are 294 00:15:29,080 --> 00:15:32,480 Speaker 2: more important to our show than probably most only because 295 00:15:33,240 --> 00:15:36,280 Speaker 2: music is very important to us, and that's part of 296 00:15:36,280 --> 00:15:39,880 Speaker 2: what we do. We enjoy sharing music with you, creating 297 00:15:39,960 --> 00:15:44,480 Speaker 2: moods with music. And I just had a very odd moment. 298 00:15:44,640 --> 00:15:49,240 Speaker 2: I asked Ramone for presence of the Lord by Blind Faith, 299 00:15:51,040 --> 00:15:55,160 Speaker 2: and he kind of furrowed his brow and I said, 300 00:15:56,320 --> 00:16:01,880 Speaker 2: you know that song? He said no, So he went 301 00:16:01,960 --> 00:16:03,640 Speaker 2: to find it and he said they only have like 302 00:16:03,720 --> 00:16:07,160 Speaker 2: ten songs. And I said, but surely you've heard that song. 303 00:16:08,160 --> 00:16:10,520 Speaker 2: He had never heard that song. I love that song. 304 00:16:10,600 --> 00:16:13,120 Speaker 2: I mean, it shouldn't be a shot when you've got 305 00:16:13,160 --> 00:16:17,680 Speaker 2: Steve Winwood, Eric Clapton, Ginger Baker, and I guess I 306 00:16:17,720 --> 00:16:19,760 Speaker 2: should add Rick Gretch to that group. I mean, he 307 00:16:19,920 --> 00:16:24,240 Speaker 2: wasn't in traffic. So it's such an interesting time because Clapton. 308 00:16:24,360 --> 00:16:30,400 Speaker 2: Ginger Baker Wynn would gretch, this is just after Cream 309 00:16:30,480 --> 00:16:34,120 Speaker 2: breaks up and they only did one album. I think 310 00:16:34,120 --> 00:16:36,200 Speaker 2: they only went on one one. I think they did 311 00:16:36,280 --> 00:16:40,480 Speaker 2: one like a whole summer tour. That was it, and 312 00:16:40,520 --> 00:16:44,760 Speaker 2: that was that was their body of work. But I 313 00:16:44,800 --> 00:16:48,560 Speaker 2: think I think they're fantastic. I love that song. I've 314 00:16:48,600 --> 00:16:53,120 Speaker 2: always loved that song. I'm just happy because it's the 315 00:16:53,240 --> 00:16:57,240 Speaker 2: kind of thing that Ramon would know, and it somehow 316 00:16:57,320 --> 00:17:00,240 Speaker 2: slipped through the cracks and now now you know, and 317 00:17:00,240 --> 00:17:01,840 Speaker 2: I know he's gonna listen to it one hundred times. 318 00:17:02,200 --> 00:17:09,000 Speaker 2: Makes me happy. Democrat Senator Tammy Duckworth from Illinois was 319 00:17:09,040 --> 00:17:16,480 Speaker 2: on CNN with Dana Bash and she wants to criticize 320 00:17:17,119 --> 00:17:22,520 Speaker 2: the Trump defense of our country by stopping the Narco boats, 321 00:17:24,160 --> 00:17:26,679 Speaker 2: and so she wants to whatever Trump's for, She's against. 322 00:17:26,720 --> 00:17:29,439 Speaker 2: If Trump's for Christmas, she hates it. And that's what 323 00:17:29,480 --> 00:17:31,840 Speaker 2: he does. He puts them in this. He comes out 324 00:17:31,880 --> 00:17:35,080 Speaker 2: strong for things, and then they have to be against it, 325 00:17:35,720 --> 00:17:38,000 Speaker 2: even though the American people is for it or for it. 326 00:17:39,840 --> 00:17:44,280 Speaker 2: So Dana Bash, I mean, it's almost it's almost an 327 00:17:44,320 --> 00:17:49,639 Speaker 2: ounce of journalism here. She simply asks, have you seen 328 00:17:50,680 --> 00:17:55,639 Speaker 2: the video, and then she follows it up with she 329 00:17:55,720 --> 00:18:00,800 Speaker 2: says yes, she says, you have seen the Classify video 330 00:18:00,920 --> 00:18:05,359 Speaker 2: because she knows she hasn't, and Tammy Dutworth is in 331 00:18:05,400 --> 00:18:09,600 Speaker 2: an awkward situation. Does she lie as they always do, 332 00:18:11,880 --> 00:18:14,840 Speaker 2: or does she tell the truth and undercut her whole 333 00:18:14,880 --> 00:18:19,040 Speaker 2: point that she can't actually pass judgment on this issue 334 00:18:19,359 --> 00:18:21,120 Speaker 2: because she doesn't know what happened. 335 00:18:22,520 --> 00:18:24,040 Speaker 11: Senator, have you seen the video? 336 00:18:24,800 --> 00:18:28,440 Speaker 12: I have seen the video and it is deeply disturbing. 337 00:18:28,760 --> 00:18:31,359 Speaker 12: I am mostly concerned with the fact that we are 338 00:18:31,400 --> 00:18:35,400 Speaker 12: putting our American servicemen and women in jeopardy here. We're 339 00:18:35,400 --> 00:18:37,680 Speaker 12: putting them in jeopardy in case they ever get shut down. 340 00:18:37,920 --> 00:18:40,600 Speaker 12: We're putting them in legal jeopardy. They were up in 341 00:18:40,600 --> 00:18:44,480 Speaker 12: international criminal courts, and so what we're doing here is 342 00:18:44,720 --> 00:18:48,119 Speaker 12: taking those professionals or utmost professionals and putting them into 343 00:18:48,200 --> 00:18:51,000 Speaker 12: harm's way. And that's what bothers me the most about 344 00:18:51,000 --> 00:18:53,320 Speaker 12: what Pete Heck said is doing. He is the least 345 00:18:53,359 --> 00:18:55,960 Speaker 12: qualified security defense in our nation's history, and he's very 346 00:18:56,000 --> 00:18:58,800 Speaker 12: cavalier about doing things. The fact of the matter is, 347 00:18:58,840 --> 00:19:01,520 Speaker 12: only Congress can decide that we can go to war 348 00:19:01,720 --> 00:19:03,600 Speaker 12: and there was no such declaration made. 349 00:19:03,800 --> 00:19:07,800 Speaker 11: I just want to make sure that I get this accurate. 350 00:19:08,200 --> 00:19:12,959 Speaker 11: You have seen the classified video of this particular strike, 351 00:19:13,119 --> 00:19:16,040 Speaker 11: the first strike and then the double tap as it's known. 352 00:19:16,640 --> 00:19:18,680 Speaker 12: No, I've just seen what's been available in the media. 353 00:19:18,800 --> 00:19:21,080 Speaker 12: I've read the food report, but I've not seen the 354 00:19:21,119 --> 00:19:21,800 Speaker 12: actual video. 355 00:19:24,640 --> 00:19:33,240 Speaker 2: Ohn. So you disapprove of something that you don't actually 356 00:19:33,280 --> 00:19:40,360 Speaker 2: know what happened with, Well, that's okay. Most Americans were 357 00:19:40,440 --> 00:19:43,600 Speaker 2: lecturing their neighbors about how cops are evil because they 358 00:19:43,720 --> 00:19:47,200 Speaker 2: murdered George Floyd, and they never actually watched the video 359 00:19:48,000 --> 00:19:51,480 Speaker 2: because if they had, they would have known. Did George 360 00:19:51,480 --> 00:19:54,879 Speaker 2: Floyd was saying I can't breathe long before he was 361 00:19:54,920 --> 00:19:57,200 Speaker 2: on the ground when he was in the backseat of 362 00:19:57,240 --> 00:20:01,679 Speaker 2: the vehicle because he had ingested fentanyl and we all 363 00:20:01,720 --> 00:20:09,639 Speaker 2: know it. Senator Tom Cotton, Democrat from Arizona, from Arkansas, 364 00:20:09,680 --> 00:20:12,240 Speaker 2: did I just say Arizona was on meat depressed? With 365 00:20:12,359 --> 00:20:19,479 Speaker 2: Kristin meet the depressed as was depressed? What Rush called it? 366 00:20:19,600 --> 00:20:22,720 Speaker 2: Or maybe Mark Levin came up with the one with 367 00:20:22,840 --> 00:20:25,000 Speaker 2: Kristin Welker that even that nasty? What did the Trump 368 00:20:25,040 --> 00:20:30,480 Speaker 2: call that nasty one? And it raises a very interesting question. 369 00:20:31,200 --> 00:20:32,400 Speaker 2: Listen carefully. 370 00:20:33,920 --> 00:20:36,600 Speaker 6: States doesn't shoot people at the border who are bringing 371 00:20:36,680 --> 00:20:37,919 Speaker 6: drugs into the country. 372 00:20:37,920 --> 00:20:40,160 Speaker 2: Why should it be different at sea? Are you saying 373 00:20:40,160 --> 00:20:41,760 Speaker 2: we should start shooting people at the border. 374 00:20:41,800 --> 00:20:44,240 Speaker 1: We're going No, I'm not Kristin, but we are going 375 00:20:44,320 --> 00:20:47,800 Speaker 1: to the source where we have large scale votes that 376 00:20:47,880 --> 00:20:51,960 Speaker 1: are trafficking hundreds, if not thousands of pounds of drugs 377 00:20:52,280 --> 00:20:56,320 Speaker 1: that could kill thousands of Americans hundreds of our Kansas 378 00:20:56,320 --> 00:20:59,160 Speaker 1: a year. It is a highly effective and efficient off 379 00:20:59,200 --> 00:21:01,679 Speaker 1: way to stop these drugs from reaching our source. 380 00:21:02,280 --> 00:21:07,640 Speaker 2: Okay, let's ask questions. You're saying you support the president 381 00:21:09,640 --> 00:21:14,639 Speaker 2: shooting these narco boats because they're bringing large amounts of 382 00:21:14,720 --> 00:21:20,919 Speaker 2: drugs in. What if we see someone bringing large amounts 383 00:21:20,960 --> 00:21:28,880 Speaker 2: of drugs across the border. If you're comfortable with the 384 00:21:29,000 --> 00:21:35,520 Speaker 2: use of fatal force, why mortal force? Why wouldn't you 385 00:21:35,640 --> 00:21:42,160 Speaker 2: be comfortable at the border. And besides, we've told you 386 00:21:42,880 --> 00:21:48,119 Speaker 2: don't come in. Here's a big sign in every language. 387 00:21:48,359 --> 00:21:52,200 Speaker 2: Here are officers standing there to prevent you from coming in. 388 00:21:54,960 --> 00:21:58,920 Speaker 2: I'm asking you a question, how long would it take 389 00:22:00,600 --> 00:22:04,560 Speaker 2: that nobody would try to come in if, in fact 390 00:22:04,960 --> 00:22:12,680 Speaker 2: we defended our castle we treated America as the prized paradise, 391 00:22:13,160 --> 00:22:18,440 Speaker 2: our home that it is, and we actually started using 392 00:22:18,600 --> 00:22:23,480 Speaker 2: lethal force for people who came in. How long do 393 00:22:23,480 --> 00:22:29,560 Speaker 2: you think that would take? I think that might affect people. Well, 394 00:22:29,640 --> 00:22:34,000 Speaker 2: but Michael, they come from poor countries. I understand. That's 395 00:22:34,040 --> 00:22:36,399 Speaker 2: the very argument people use when they break into stores 396 00:22:36,440 --> 00:22:39,480 Speaker 2: and steal their stuff. We don't buy that either. You've 397 00:22:39,520 --> 00:22:43,280 Speaker 2: got Michael Berry's show. This is a longer clip than 398 00:22:43,320 --> 00:22:51,320 Speaker 2: I would normally play, but well, I'm not gonna be 399 00:22:51,320 --> 00:22:53,960 Speaker 2: defensive about it. I found it to be interesting and 400 00:22:54,000 --> 00:22:56,520 Speaker 2: this was as short as we could get it. It's 401 00:22:56,560 --> 00:23:01,160 Speaker 2: five minutes, and it's on the subject of now, why 402 00:23:01,160 --> 00:23:04,439 Speaker 2: are we talking about slavery? Well, I think slavery is 403 00:23:04,440 --> 00:23:07,120 Speaker 2: a worthwhile discussion, not as much as we talk about 404 00:23:07,119 --> 00:23:10,920 Speaker 2: it in America, but slavery is used as a cudgel 405 00:23:11,440 --> 00:23:15,359 Speaker 2: by people who want power over you. They want to 406 00:23:15,359 --> 00:23:19,040 Speaker 2: control you, and they want to make money using our government. 407 00:23:20,320 --> 00:23:22,280 Speaker 2: And they also knew no, there's a lot of guilt 408 00:23:22,280 --> 00:23:27,480 Speaker 2: in this country over slavery, a lot of guilt, and 409 00:23:27,520 --> 00:23:32,920 Speaker 2: so if they can keep bringing it up and make 410 00:23:33,000 --> 00:23:37,000 Speaker 2: you a really bad person, then they might get something 411 00:23:37,000 --> 00:23:43,640 Speaker 2: out of it. And then you've got politicians who will 412 00:23:43,680 --> 00:23:46,520 Speaker 2: promise them that they'll take your money in the name 413 00:23:46,560 --> 00:23:51,240 Speaker 2: of slavery. They'll take your money and give it to 414 00:23:51,280 --> 00:23:55,639 Speaker 2: people who, in almost every case were not actually the 415 00:23:55,680 --> 00:23:59,560 Speaker 2: descendants of slavery. But what does it matter. It's a 416 00:23:59,640 --> 00:24:05,480 Speaker 2: free give away, and what they're giving away is decency 417 00:24:05,520 --> 00:24:11,800 Speaker 2: and honor and truth and dignity, because nobody's left with 418 00:24:11,840 --> 00:24:16,359 Speaker 2: any dignity. You ever actually watched Black Friday the day 419 00:24:16,400 --> 00:24:20,080 Speaker 2: after Thanksgiving to watch people crash through the doors at 420 00:24:20,240 --> 00:24:24,800 Speaker 2: Walmart and act like a complete fool for what a 421 00:24:24,920 --> 00:24:32,720 Speaker 2: cheap item? Really? What price your dignity? Good grief? Anyway, 422 00:24:33,480 --> 00:24:36,080 Speaker 2: I hope this is John Stossel, who I think does 423 00:24:36,119 --> 00:24:38,080 Speaker 2: a real good job, comes at things from kind of 424 00:24:38,080 --> 00:24:40,919 Speaker 2: a libertarian perspective, but he's also a guy who I 425 00:24:40,920 --> 00:24:46,720 Speaker 2: feel like. I feel like he's a guy who is 426 00:24:46,760 --> 00:24:51,000 Speaker 2: a seeker of truth and that he follows it wherever 427 00:24:51,119 --> 00:24:54,399 Speaker 2: it may go, and I like that about him. This 428 00:24:54,480 --> 00:25:00,320 Speaker 2: is a discussion Stossel had with author Wilfred Riley, and 429 00:25:00,359 --> 00:25:03,919 Speaker 2: I've listened to it a few times now, and I 430 00:25:04,040 --> 00:25:06,000 Speaker 2: decided it was something that I was going to share 431 00:25:06,000 --> 00:25:09,520 Speaker 2: with you because some folks don't know your history, so 432 00:25:09,640 --> 00:25:13,960 Speaker 2: you get scammed into being told that you should be 433 00:25:14,040 --> 00:25:17,200 Speaker 2: ashamed of yourself when you don't need to. The original 434 00:25:17,240 --> 00:25:20,240 Speaker 2: sin of slavery, the original sin of slavery. 435 00:25:20,359 --> 00:25:25,200 Speaker 4: Today Americans are taught when it comes to slavery, America. 436 00:25:24,760 --> 00:25:25,520 Speaker 2: Was the worst. 437 00:25:25,800 --> 00:25:28,560 Speaker 9: The Atlantic slatory from Africa to the Americas was different 438 00:25:28,560 --> 00:25:29,760 Speaker 9: from any other type of slavery. 439 00:25:29,800 --> 00:25:32,520 Speaker 6: The United States didn't inherit slavery from anybody. 440 00:25:32,560 --> 00:25:36,200 Speaker 4: We created it. American slavery was worse because. 441 00:25:36,160 --> 00:25:39,280 Speaker 2: The slaves were reduced to property, to the channel of property. 442 00:25:39,760 --> 00:25:43,760 Speaker 2: No other system of slavery did that, except of American slavery. 443 00:25:43,880 --> 00:25:45,040 Speaker 2: That's complete nonsense. 444 00:25:45,200 --> 00:25:49,359 Speaker 4: Wilfred Riley is a political science professor and author of Lies. 445 00:25:49,480 --> 00:25:51,600 Speaker 2: My liberal teacher told. 446 00:25:51,320 --> 00:25:54,000 Speaker 7: Me generational slavery like if you're the son of a 447 00:25:54,040 --> 00:25:58,679 Speaker 7: slave or a slave, that was extraordinarily common. Slavery around 448 00:25:58,680 --> 00:26:02,280 Speaker 7: the world was slavery folks like this Unfinished nation. 449 00:26:03,119 --> 00:26:06,680 Speaker 2: Slaves in Africa were kept unfree only for a fixed term. 450 00:26:06,840 --> 00:26:08,240 Speaker 2: No is the short answer. 451 00:26:08,680 --> 00:26:11,160 Speaker 7: Most of the slaves taken by these sort of players 452 00:26:11,560 --> 00:26:13,680 Speaker 7: would be either kept as slaves for their entire life, 453 00:26:13,880 --> 00:26:17,800 Speaker 7: or more likely sold to the whites and the Arabs 454 00:26:17,800 --> 00:26:18,680 Speaker 7: in two years. 455 00:26:18,760 --> 00:26:22,360 Speaker 4: Today, partly thanks to the New York Times sixteen nineteen project, 456 00:26:22,720 --> 00:26:26,919 Speaker 4: students are taught that America's slavery was unlike anything that 457 00:26:27,040 --> 00:26:28,160 Speaker 4: existed before. 458 00:26:28,320 --> 00:26:31,679 Speaker 7: We're the worst society ever. We've done things that no 459 00:26:31,760 --> 00:26:36,200 Speaker 7: one else has ever done. And sometimes there's nothing wrong 460 00:26:36,240 --> 00:26:38,119 Speaker 7: with acknowledging your historical mistakes. 461 00:26:38,560 --> 00:26:41,040 Speaker 2: I mean, I'm Black, Irish, a bit. 462 00:26:41,000 --> 00:26:43,640 Speaker 7: Native American, at least per the family lore. I mean, 463 00:26:43,680 --> 00:26:46,560 Speaker 7: those are three people that have experienced a great deal historically. 464 00:26:46,600 --> 00:26:50,320 Speaker 2: Nothing wrong with acknowledging that. But it's extremely. 465 00:26:49,840 --> 00:26:52,760 Speaker 7: Odd to focus only on the negatives of your society 466 00:26:52,800 --> 00:26:53,920 Speaker 7: and to exaggerate those. 467 00:26:54,040 --> 00:26:57,399 Speaker 4: Americans are taught that slavers caught people in Africa and 468 00:26:57,480 --> 00:27:00,920 Speaker 4: ship them here, but few were taught that most slaves 469 00:27:00,960 --> 00:27:03,160 Speaker 4: were not shipped to the United States. 470 00:27:03,560 --> 00:27:07,160 Speaker 7: Between ten point seven million and twelve million slaves from 471 00:27:07,320 --> 00:27:09,720 Speaker 7: Africa went to the New World. 472 00:27:09,800 --> 00:27:11,960 Speaker 2: We got a little under four hundred thousand. 473 00:27:11,800 --> 00:27:14,840 Speaker 4: Under four hundred thousand out of ten million. 474 00:27:15,080 --> 00:27:17,880 Speaker 7: The extreme focus on slavery in the United States. Why 475 00:27:17,920 --> 00:27:20,040 Speaker 7: did that happen? One reason is that a lot of 476 00:27:20,040 --> 00:27:23,600 Speaker 7: black people survived here. Slavery was harsh, but it is 477 00:27:23,640 --> 00:27:26,119 Speaker 7: a lot less harsh than clearing the Brazilian jungle. 478 00:27:26,160 --> 00:27:30,880 Speaker 4: All right, but American blacks are at a disadvantage. They 479 00:27:30,880 --> 00:27:35,800 Speaker 4: have less capital, financial and educational capital. 480 00:27:35,920 --> 00:27:40,720 Speaker 2: What's the harm and pointing out how abusive white people were. 481 00:27:41,080 --> 00:27:44,760 Speaker 7: The harm is that pointing out how abusive white people 482 00:27:44,800 --> 00:27:47,440 Speaker 7: were is not going to get Black Americans anymore capital. 483 00:27:47,600 --> 00:27:49,920 Speaker 7: Most of the problems of the modern black community don't 484 00:27:49,920 --> 00:27:51,320 Speaker 7: have anything to do with. 485 00:27:51,400 --> 00:27:53,800 Speaker 2: Historical ethnic conflict. One hundred and sixty years ago, a. 486 00:27:53,800 --> 00:27:59,040 Speaker 4: Great Society asked not how much, but how good? Riley says. 487 00:27:59,200 --> 00:28:02,000 Speaker 4: Most of the problem began when wilfare began. 488 00:28:02,240 --> 00:28:04,040 Speaker 7: Crime in the black community every time I've tried to 489 00:28:04,040 --> 00:28:06,480 Speaker 7: break this out increased about eight hundred percent between say, 490 00:28:06,560 --> 00:28:10,240 Speaker 7: nineteen sixty three and nineteen ninety three. Racism didn't increase 491 00:28:10,280 --> 00:28:11,760 Speaker 7: between nineteen sixty and. 492 00:28:11,760 --> 00:28:12,360 Speaker 2: The modern era. 493 00:28:12,600 --> 00:28:14,960 Speaker 7: You're looking at the impacts of the Great Society, the 494 00:28:15,000 --> 00:28:16,040 Speaker 7: welfare programs. 495 00:28:16,160 --> 00:28:19,240 Speaker 4: Riley argus, it's better to teach the truth than Almost 496 00:28:19,280 --> 00:28:28,320 Speaker 4: every society had slavery. The as Secs, the Persians, Egyptians, Greeks, Romans, Vikings, 497 00:28:28,800 --> 00:28:30,800 Speaker 4: and most of all the Arab world. 498 00:28:31,080 --> 00:28:34,040 Speaker 7: The Arabs were probably histories premier slave traders. 499 00:28:34,200 --> 00:28:37,840 Speaker 4: Sometimes they captured poor whites from Slavic countries. 500 00:28:38,080 --> 00:28:40,880 Speaker 7: The Muslims, many of whom were dark skinned or even black, 501 00:28:41,000 --> 00:28:43,480 Speaker 7: took so many blond slaves out of this region that 502 00:28:43,520 --> 00:28:47,560 Speaker 7: they gave the world slav slave to the global slave population. 503 00:28:47,800 --> 00:28:49,960 Speaker 2: Many slaves were forced into harems. 504 00:28:50,200 --> 00:28:53,120 Speaker 7: Sexual slavery was a very much a part of slavery, 505 00:28:53,200 --> 00:28:55,440 Speaker 7: like if your group was defeated in war, the men 506 00:28:55,480 --> 00:28:57,480 Speaker 7: would probably just be killed or they'd be sold as 507 00:28:57,480 --> 00:29:01,160 Speaker 7: farm hands. The women would often be sold as hareem 508 00:29:01,240 --> 00:29:02,560 Speaker 7: girls or prostitutes. 509 00:29:02,720 --> 00:29:06,480 Speaker 4: More than a million Europeans were enslaved, but Muslim slave 510 00:29:06,520 --> 00:29:08,640 Speaker 4: traders took more people from Africa. 511 00:29:08,960 --> 00:29:12,640 Speaker 7: The Arabs targeting Africa took out about seventeen million people. 512 00:29:12,800 --> 00:29:15,840 Speaker 4: The British and then the Americans were the rare people 513 00:29:16,320 --> 00:29:18,400 Speaker 4: who moved to abolish slavery. 514 00:29:18,440 --> 00:29:21,160 Speaker 7: So yeah, the British Navy, in a story almost no 515 00:29:21,200 --> 00:29:25,440 Speaker 7: one now knows, sank something like sixteen hundred slave ships. 516 00:29:25,720 --> 00:29:30,200 Speaker 7: It freed one hundred fifty thousand people that were enslaved 517 00:29:30,240 --> 00:29:30,880 Speaker 7: at the time. 518 00:29:31,200 --> 00:29:35,000 Speaker 4: Because the Brits objected for moral reasons, they had enough 519 00:29:35,040 --> 00:29:40,160 Speaker 4: of it. Saudi Arabia only abolished the slave trade relatively recently. 520 00:29:40,320 --> 00:29:42,080 Speaker 2: Well, it's another inconvenient fact, right. 521 00:29:42,160 --> 00:29:45,880 Speaker 4: The Global Slavery Index estimates that, even now all those 522 00:29:45,960 --> 00:29:49,640 Speaker 4: slavery is officially illegal, there are more than seven hundred 523 00:29:49,720 --> 00:29:52,560 Speaker 4: thousand slaves in Saudi Arabia, where. 524 00:29:52,400 --> 00:29:54,520 Speaker 2: There were no Westerners. You'd have a lot of slavery 525 00:29:54,560 --> 00:29:55,280 Speaker 2: for a long time. 526 00:29:56,040 --> 00:29:59,920 Speaker 4: And you knew American slavery was horrible, but it was 527 00:30:00,080 --> 00:30:03,360 Speaker 4: Is it unique? Our culture would be healthier if we 528 00:30:03,520 --> 00:30:08,320 Speaker 4: learned about that. And schools dwelling on America's evils hasn't 529 00:30:08,360 --> 00:30:12,160 Speaker 4: helped Americans get over them. Gallup poles show that after 530 00:30:12,200 --> 00:30:16,640 Speaker 4: schools started focusing on oppression, race relations got worse. 531 00:30:17,200 --> 00:30:20,920 Speaker 7: The idea of generational slavery, the idea of slave trading, 532 00:30:21,160 --> 00:30:23,720 Speaker 7: none of that was unique to America. 533 00:30:23,760 --> 00:30:24,760 Speaker 2: And another thing. 534 00:30:24,680 --> 00:30:28,600 Speaker 7: You don't need radicalism to critique the worst excesses of 535 00:30:28,640 --> 00:30:29,640 Speaker 7: an existing system. 536 00:30:30,080 --> 00:30:32,280 Speaker 2: All you need is incrementalism and honesty.