1 00:00:00,640 --> 00:00:03,080 Speaker 1: After twenty two years of being a Titan on Wall 2 00:00:03,120 --> 00:00:06,320 Speaker 1: Street and start in his own firm. Tony Kasai get 3 00:00:06,320 --> 00:00:10,360 Speaker 1: is walking away? What just said? The ugly side hooking. 4 00:00:09,960 --> 00:00:13,840 Speaker 2: And only Inside We'll interview insiders and other titans of 5 00:00:13,880 --> 00:00:17,680 Speaker 2: all types of industry, offering advice and sharing stories of it. 6 00:00:17,840 --> 00:00:22,000 Speaker 1: First, this is another episode the Inside Show. 7 00:00:22,880 --> 00:00:25,799 Speaker 2: Welcome to Cannabis Talk one on one's Financial Fridays with 8 00:00:25,840 --> 00:00:29,200 Speaker 2: the Inside Investor Tony k We're the world's number one 9 00:00:29,240 --> 00:00:31,000 Speaker 2: source for everything cannabis. 10 00:00:31,400 --> 00:00:34,920 Speaker 3: The information provided by Financial Friday and Tony Kasai is 11 00:00:34,920 --> 00:00:38,159 Speaker 3: for general information entertainment purposes only and should not be 12 00:00:38,200 --> 00:00:41,960 Speaker 3: considered as professional financial advice. Consult with the professional before 13 00:00:42,040 --> 00:00:43,680 Speaker 3: making any financial decisions. 14 00:00:44,400 --> 00:00:44,519 Speaker 2: YO. 15 00:00:44,840 --> 00:00:46,360 Speaker 1: I don't know where you are, what you're doing, or 16 00:00:46,360 --> 00:00:47,879 Speaker 1: what day of the week it is for you. But 17 00:00:47,960 --> 00:00:50,479 Speaker 1: over here at the ct on on iHeart cudios, ladies 18 00:00:50,479 --> 00:00:53,680 Speaker 1: and gentlemen, it is Financial Fridays for us. I'm Tony Kay. 19 00:00:53,760 --> 00:00:56,319 Speaker 1: You're Insider Investor. I'm here to get your mind right 20 00:00:56,360 --> 00:00:58,560 Speaker 1: and your money game tight. You're hearing me on the 21 00:00:58,560 --> 00:01:00,480 Speaker 1: world famous CTM one to one heard all over the 22 00:01:00,480 --> 00:01:02,960 Speaker 1: world in nover one hundred and maybe three countries, guys, 23 00:01:03,240 --> 00:01:06,039 Speaker 1: go for for oh free Jesus Lord, leave me a 24 00:01:06,080 --> 00:01:09,959 Speaker 1: financial question at anytime at one eight hundred four twenty nineteen eighty. 25 00:01:10,319 --> 00:01:12,800 Speaker 1: You can always find me on Instagram at the Insider Investor. 26 00:01:13,160 --> 00:01:14,960 Speaker 1: You can also follow the show on YouTube. Guys that 27 00:01:15,000 --> 00:01:18,039 Speaker 1: cannabis talk would to one like, follow, subscribe. That's how 28 00:01:18,040 --> 00:01:20,360 Speaker 1: you keep us on air. Show us some love all. 29 00:01:20,400 --> 00:01:23,119 Speaker 1: Don't why I created Financial Fridays right because after twenty 30 00:01:23,160 --> 00:01:25,280 Speaker 1: years of being a Wall Street insider, I got sick 31 00:01:25,319 --> 00:01:27,360 Speaker 1: and tired of watching the little guy get screwed over. 32 00:01:27,680 --> 00:01:29,119 Speaker 1: So you know what I want to do. I want 33 00:01:29,160 --> 00:01:31,440 Speaker 1: to introduce you, guys to some of my friends, my family, 34 00:01:31,440 --> 00:01:33,600 Speaker 1: and my cohorts, some of the people that can put 35 00:01:33,600 --> 00:01:35,200 Speaker 1: some wisdom into you and save you a little bit 36 00:01:35,240 --> 00:01:37,320 Speaker 1: of money and maybe show you how to make some money. Now. 37 00:01:37,360 --> 00:01:39,679 Speaker 1: Here's one of my first rules of money, guys, is 38 00:01:39,680 --> 00:01:43,560 Speaker 1: that taxes should not be a monthly problem or an 39 00:01:43,560 --> 00:01:46,640 Speaker 1: April problem or in October. If you're a corporation, guys, 40 00:01:46,840 --> 00:01:50,000 Speaker 1: your taxes should be a consideration you do monthly. It 41 00:01:50,000 --> 00:01:53,000 Speaker 1: should be a strategist approach to it. That's why I 42 00:01:53,000 --> 00:01:56,360 Speaker 1: love my boys over at Easier Accounting, Easier Accounting dot com. 43 00:01:56,360 --> 00:01:58,000 Speaker 1: These guys are out of Utah. It's a brick and 44 00:01:58,040 --> 00:02:01,400 Speaker 1: mortar operation. Most importantly, they don't just help the big guys. 45 00:02:01,400 --> 00:02:06,040 Speaker 1: They help the smaller entrepreneurs. LLC formation, company formation, taxes, 46 00:02:06,080 --> 00:02:09,040 Speaker 1: et cetera. Everything I do with my accounting, I trust 47 00:02:09,040 --> 00:02:11,280 Speaker 1: the guys over at Easier Accounting. Look them up online 48 00:02:11,320 --> 00:02:13,800 Speaker 1: Easier Accounting. It's in their name and their phone numbers. 49 00:02:13,840 --> 00:02:17,280 Speaker 1: Eight eight eight six two zero zero seven seven zero. 50 00:02:17,720 --> 00:02:22,000 Speaker 1: Now we're back here on another episode of Financial Fridays. Y'all. 51 00:02:22,000 --> 00:02:24,760 Speaker 1: There's a lot of schism. I've been told not to 52 00:02:24,800 --> 00:02:26,720 Speaker 1: curse no more. We have a new algorithm I got 53 00:02:26,760 --> 00:02:28,480 Speaker 1: to look out for, so I gotta be really careful. 54 00:02:28,480 --> 00:02:30,679 Speaker 1: I got to self censor myself. Otherwise Connor's going to 55 00:02:30,720 --> 00:02:33,680 Speaker 1: be on a little buzzer. There's a lot of crazy 56 00:02:33,720 --> 00:02:36,560 Speaker 1: stuff going on when it comes to your money. Let's 57 00:02:36,560 --> 00:02:37,720 Speaker 1: start with something fun. 58 00:02:37,760 --> 00:02:37,880 Speaker 4: Now. 59 00:02:37,880 --> 00:02:40,160 Speaker 1: I love to talk about space. These guys make fun 60 00:02:40,200 --> 00:02:42,600 Speaker 1: of me. I have my conspiracy theories about space and 61 00:02:42,639 --> 00:02:46,320 Speaker 1: the moon and all that. But there is space, and 62 00:02:46,360 --> 00:02:50,239 Speaker 1: we send people to space, right, Connor, yep, Like we've 63 00:02:50,320 --> 00:02:51,040 Speaker 1: established that. 64 00:02:51,160 --> 00:02:52,320 Speaker 3: Tell me who's up there? Right? 65 00:02:52,360 --> 00:02:54,400 Speaker 1: Now all right, dude, So I don't know their names, 66 00:02:54,800 --> 00:02:57,600 Speaker 1: but there's a few Americans up there, a few fellow Americans, 67 00:02:58,200 --> 00:03:00,359 Speaker 1: and these dudes in Gallas. I think there's a check 68 00:03:00,440 --> 00:03:03,200 Speaker 1: up there too, which is a whole other story a 69 00:03:03,280 --> 00:03:05,079 Speaker 1: little sa I went into that a little bit later, 70 00:03:05,520 --> 00:03:09,119 Speaker 1: but is what's going on? These these people were told 71 00:03:09,120 --> 00:03:12,640 Speaker 1: they're going to space Connor for eight days, eight days, 72 00:03:13,520 --> 00:03:16,480 Speaker 1: and they were sent up there on a capsule built 73 00:03:16,520 --> 00:03:21,000 Speaker 1: by Boeing. Now Boeing got four billion in change, give 74 00:03:21,080 --> 00:03:23,280 Speaker 1: or take a couple hundred million, but four billion. It's 75 00:03:23,280 --> 00:03:27,639 Speaker 1: a lot of zero's guys, billion b They get up there, 76 00:03:28,120 --> 00:03:32,720 Speaker 1: floating around in space. The iss. Again, I have my 77 00:03:32,760 --> 00:03:35,800 Speaker 1: own issues with space, but they're up in space into 78 00:03:35,840 --> 00:03:38,720 Speaker 1: the multi trillion dollar facility that we've now built just 79 00:03:38,760 --> 00:03:42,400 Speaker 1: to float around in space. They get there, now they 80 00:03:42,440 --> 00:03:45,720 Speaker 1: can't get back home. You hear me Connor like they're 81 00:03:45,920 --> 00:03:48,640 Speaker 1: shuck and like Lacy was thinking, I'm no, they're not. 82 00:03:48,720 --> 00:03:52,520 Speaker 1: Just they're not just like in their space suits floating 83 00:03:52,520 --> 00:03:55,320 Speaker 1: and out of space. They're you know, they're in this thing, 84 00:03:56,240 --> 00:03:59,320 Speaker 1: not the most comfortable spot. You know, you don't have 85 00:03:59,360 --> 00:04:01,960 Speaker 1: a master room, you don't have a shower in chacuzzie, 86 00:04:02,160 --> 00:04:05,280 Speaker 1: like you're pissing in a vacuum, and you know, forget 87 00:04:05,320 --> 00:04:07,080 Speaker 1: about the sex side of it, Like I don't even 88 00:04:07,080 --> 00:04:09,400 Speaker 1: know what's going on, Like you just celibate for nine months? 89 00:04:09,480 --> 00:04:13,360 Speaker 1: Do you not touch yourself? Like what is going on here? Rights? 90 00:04:13,480 --> 00:04:15,520 Speaker 1: Like Daniel is looking at me more concerned than he 91 00:04:15,560 --> 00:04:19,560 Speaker 1: has all day. What concerns you about this, Daniel? 92 00:04:21,680 --> 00:04:23,840 Speaker 4: Do you think do you think they give the astronauts 93 00:04:23,920 --> 00:04:28,719 Speaker 4: some sort of like libido stabilizer or something, Dude, that 94 00:04:28,760 --> 00:04:32,719 Speaker 4: would be like that that's like conspiracy theory on conspiracy theories, 95 00:04:32,720 --> 00:04:35,480 Speaker 4: because now here what the like a dude's genetics and 96 00:04:35,520 --> 00:04:37,200 Speaker 4: like does that pill even exist? 97 00:04:37,360 --> 00:04:39,600 Speaker 1: Like maybe we should give that to child molesters and shit, 98 00:04:39,720 --> 00:04:42,120 Speaker 1: you know are people in prison, like if that does 99 00:04:42,200 --> 00:04:45,200 Speaker 1: really exist? Other than now, I think, I think these 100 00:04:45,240 --> 00:04:47,720 Speaker 1: people were told they're going up there for eight days 101 00:04:48,279 --> 00:04:50,240 Speaker 1: and now they're stuck. But let me guys, you know, 102 00:04:50,360 --> 00:04:52,640 Speaker 1: let me give you the full Like this is straight 103 00:04:52,680 --> 00:04:56,000 Speaker 1: out of an article that I just found here. So 104 00:04:57,760 --> 00:05:01,320 Speaker 1: days after just reading this, we laughed. Days after and 105 00:05:01,360 --> 00:05:04,599 Speaker 1: thence NASA announced that two astronauts had been stranded on 106 00:05:04,640 --> 00:05:08,400 Speaker 1: the ISS. The Space Agency had a series of contentious 107 00:05:08,440 --> 00:05:11,680 Speaker 1: meetings with Boeing to determine how to bring them back 108 00:05:11,720 --> 00:05:15,080 Speaker 1: to Earth. Sources that Boeing and NASA said the meetings, 109 00:05:15,080 --> 00:05:18,280 Speaker 1: attended by senior level employees on both sides, were tense 110 00:05:18,880 --> 00:05:23,480 Speaker 1: and involved yelling and arguments. It was heated. NASA said 111 00:05:23,760 --> 00:05:27,240 Speaker 1: Boeing was convinced that the star Liner was in good 112 00:05:27,440 --> 00:05:30,960 Speaker 1: enough condition to bring the astronauts home. Now, I don't 113 00:05:30,960 --> 00:05:34,520 Speaker 1: know about you guys, but if I'm in space and 114 00:05:34,560 --> 00:05:36,719 Speaker 1: there's like something that's going to take me back to Earth, 115 00:05:37,680 --> 00:05:39,800 Speaker 1: I don't want to hear the words good enough condition. 116 00:05:40,279 --> 00:05:41,960 Speaker 1: Good enough condition is what I want to hear about 117 00:05:41,960 --> 00:05:43,719 Speaker 1: the RV that I'm going to take to the festival. 118 00:05:43,960 --> 00:05:47,080 Speaker 1: Good enough condition is about, you know, maybe the uber 119 00:05:47,160 --> 00:05:50,359 Speaker 1: driver taking me home. I don't want good enough condition 120 00:05:51,320 --> 00:05:56,600 Speaker 1: when I'm leaving space to make it back to Earth. Agreed, Yeah, no, definitely. 121 00:05:56,680 --> 00:05:59,280 Speaker 1: And there's a lot of Boeings just you know, I mean, 122 00:05:59,520 --> 00:06:02,960 Speaker 1: I'm not here to you know, cock on any company, 123 00:06:03,040 --> 00:06:07,080 Speaker 1: but Boeing's just man, they've just been swinging and missing. Dude, 124 00:06:07,080 --> 00:06:10,640 Speaker 1: Like Daniel's asking if you can sue them, You can't 125 00:06:10,640 --> 00:06:13,000 Speaker 1: only sue them that you know, there's so much fine print. 126 00:06:13,040 --> 00:06:15,520 Speaker 1: Even if you get on airliner right now and something 127 00:06:15,560 --> 00:06:19,920 Speaker 1: traumatic happens, there's caps. There's just the tort loss of 128 00:06:20,040 --> 00:06:23,560 Speaker 1: kind of capped compensation you can get. But unless it's 129 00:06:23,600 --> 00:06:27,360 Speaker 1: like feasible, I think they call mass negligence. In other words, 130 00:06:27,560 --> 00:06:30,320 Speaker 1: they knew when they set these dudes up, they knew 131 00:06:30,320 --> 00:06:32,720 Speaker 1: there was something wrong with the propellant system, like, yeah, 132 00:06:32,760 --> 00:06:34,600 Speaker 1: I won't be bad enough, and that's what's kind of 133 00:06:34,640 --> 00:06:37,800 Speaker 1: coming out now. So NASA was like, yo, if these 134 00:06:37,880 --> 00:06:39,800 Speaker 1: dudes die, it's not going to be they died in 135 00:06:39,839 --> 00:06:41,920 Speaker 1: a Boeing cap, so it's going to be NASA blew 136 00:06:42,000 --> 00:06:44,680 Speaker 1: up a couple of astronauts. So NASA put their foot 137 00:06:44,720 --> 00:06:46,520 Speaker 1: in the sand. They're like, nope, you're not going to 138 00:06:46,560 --> 00:06:49,960 Speaker 1: bring them back home. And the dudes are Boeing, you know, 139 00:06:50,040 --> 00:06:53,480 Speaker 1: who are all paycheck employees, you know, and they're dealing 140 00:06:53,560 --> 00:06:56,640 Speaker 1: with it, and they're thinking like, no, we're good enough, 141 00:06:57,040 --> 00:07:01,760 Speaker 1: and that wasn't enough. So Bowing was convinced that the 142 00:07:01,760 --> 00:07:03,960 Speaker 1: star Liner was in good enough condition to bring the 143 00:07:04,000 --> 00:07:07,880 Speaker 1: astronauts home. NASA strongly disagreed. In the end, NASA decided 144 00:07:07,960 --> 00:07:11,360 Speaker 1: to overrull Boeing's wishes and to have the company's biggest rival, 145 00:07:11,560 --> 00:07:16,600 Speaker 1: your favorite person, Connor Elon Musk's SpaceX bring home. Butch 146 00:07:16,640 --> 00:07:19,560 Speaker 1: Wilmore and Surrey william I'm assuming it's a guy and 147 00:07:19,560 --> 00:07:24,840 Speaker 1: a girl, making a bigger assumption. Willmore Williams not sexually related. 148 00:07:25,360 --> 00:07:27,880 Speaker 1: The two astronauts went up to the ISS in June 149 00:07:27,960 --> 00:07:29,920 Speaker 1: for what was supposed to be an eight day voyage, 150 00:07:30,000 --> 00:07:33,600 Speaker 1: and they found themselves stranded when they discovered the helium 151 00:07:33,640 --> 00:07:36,960 Speaker 1: links on Boeing Starliner, which they had known about prior 152 00:07:37,040 --> 00:07:41,400 Speaker 1: to launch, was more numerous than previously thought or told. 153 00:07:41,840 --> 00:07:44,800 Speaker 1: Worse than that, the leaks were causing the thrusters to malfunction. 154 00:07:45,360 --> 00:07:49,760 Speaker 1: The SpaceX mission won't happen until February, leaving these dudes 155 00:07:50,000 --> 00:07:55,280 Speaker 1: and gals trapped in space for another eight months. Boeing 156 00:07:55,360 --> 00:08:00,880 Speaker 1: wasn't happy, as NASA exact and they may that perfectly 157 00:08:01,000 --> 00:08:05,360 Speaker 1: cleared us, But what's the headline if there's a catastrophe failure? 158 00:08:05,560 --> 00:08:10,280 Speaker 1: It's not Boeing killed two astronauts, it's NASA killed two astronauts. 159 00:08:10,320 --> 00:08:13,600 Speaker 1: So it's better safe than sorry. Execs at the Aerospace 160 00:08:13,640 --> 00:08:16,920 Speaker 1: Giant also made their displeasure clear to top level employees 161 00:08:16,920 --> 00:08:19,760 Speaker 1: and internal emails last week that the company shared with 162 00:08:19,800 --> 00:08:22,000 Speaker 1: the posts that were leaked. I know this is not 163 00:08:22,080 --> 00:08:24,480 Speaker 1: the decision we'd hoped for, but we are ready to 164 00:08:24,520 --> 00:08:27,120 Speaker 1: stand out and stand by and carry out the missions 165 00:08:27,160 --> 00:08:31,680 Speaker 1: necessary to support NASA, Mark said of Boeing commercial crew, 166 00:08:32,280 --> 00:08:36,000 Speaker 1: focus remains first and FOMA blah blah blah, safety and crew. 167 00:08:36,080 --> 00:08:38,000 Speaker 1: If that was true, they'd agree with the mission, which 168 00:08:38,000 --> 00:08:41,200 Speaker 1: they don't. According to Boeing employees, the hope is that 169 00:08:41,240 --> 00:08:44,320 Speaker 1: Starline and will return safely to Earth, giving the company 170 00:08:44,400 --> 00:08:47,480 Speaker 1: leeway to claim that NASA was being overly cautious, which 171 00:08:47,480 --> 00:08:52,120 Speaker 1: I don't believe. Inside Commercials Boeing's Commercials Space department, the 172 00:08:52,200 --> 00:08:55,560 Speaker 1: demoralized team is reeling from the public set back. Let 173 00:08:55,600 --> 00:08:58,120 Speaker 1: me let me break this down for you guys. SpaceX 174 00:08:58,480 --> 00:09:02,560 Speaker 1: private company. Right, Elon mus and I joke about it. 175 00:09:02,559 --> 00:09:06,720 Speaker 1: I mean, you know, Connor's opinion. I respect value a lot. 176 00:09:06,720 --> 00:09:08,280 Speaker 1: He just gives me a lot of shit for talking 177 00:09:08,320 --> 00:09:12,200 Speaker 1: about Elon too much in space. I'm I'm not a hater. Now, 178 00:09:12,240 --> 00:09:14,320 Speaker 1: you're definitely not a hater. But he's lectured to me, 179 00:09:14,360 --> 00:09:16,240 Speaker 1: and I'm like, dude, every time I think about it. 180 00:09:16,400 --> 00:09:18,120 Speaker 1: I'm like, well, this is not my fault. We're talking 181 00:09:18,120 --> 00:09:20,839 Speaker 1: about NASA, and somehow he jumps to the safety I 182 00:09:20,880 --> 00:09:25,360 Speaker 1: don't say anything today. Okay, you don't. I'm just giving 183 00:09:25,360 --> 00:09:25,680 Speaker 1: you shit. 184 00:09:26,320 --> 00:09:26,400 Speaker 3: No. 185 00:09:26,640 --> 00:09:28,840 Speaker 1: But but straight up, dude, I mean, this guy is 186 00:09:28,920 --> 00:09:32,239 Speaker 1: just everywhere. And look at this. You know, a publicly 187 00:09:32,280 --> 00:09:36,840 Speaker 1: traded company that has spent millions and billions of dollars 188 00:09:37,040 --> 00:09:43,880 Speaker 1: electing officials, supporting congressman, paying into the tax system. Boeing 189 00:09:44,400 --> 00:09:46,640 Speaker 1: got four billion plus. You guys can look it up. 190 00:09:46,679 --> 00:09:49,959 Speaker 1: It's like four billion in change from NASA as a 191 00:09:50,000 --> 00:09:52,920 Speaker 1: government contract. Your dollars, my dollars got paid to Boeing 192 00:09:53,480 --> 00:09:56,520 Speaker 1: for ten missions, and they failed on their voyage, like 193 00:09:56,559 --> 00:10:00,959 Speaker 1: their maiden voyage, which means their first mission or flight 194 00:10:01,960 --> 00:10:04,640 Speaker 1: NASA or excuse me, SpaceX is on their tenth mission. 195 00:10:04,640 --> 00:10:07,160 Speaker 1: They're like like cranking along. Got their two billion, and 196 00:10:07,200 --> 00:10:09,160 Speaker 1: now they're being called in to save the day. I 197 00:10:09,200 --> 00:10:11,760 Speaker 1: don't know, man, I just think that, you know, now, 198 00:10:11,840 --> 00:10:14,440 Speaker 1: what's the money takeaway from this? Where can you make money? Again? 199 00:10:14,520 --> 00:10:16,360 Speaker 1: I just do not give you guys advice on what 200 00:10:16,440 --> 00:10:18,840 Speaker 1: to do with your money. But here's what I would 201 00:10:18,880 --> 00:10:20,920 Speaker 1: kind of look at it as right now. Boone's in 202 00:10:20,960 --> 00:10:23,160 Speaker 1: the news for all the wrong reason. What was it, 203 00:10:23,240 --> 00:10:26,520 Speaker 1: like a door blew out on a freaking jairliner a 204 00:10:26,559 --> 00:10:28,480 Speaker 1: couple of months ago, a couple of weeks ago. Yes, 205 00:10:29,120 --> 00:10:31,400 Speaker 1: just the door flies out. Sorry, I didn't lock the doors. 206 00:10:31,760 --> 00:10:34,400 Speaker 1: That just that it just shouldn't happen every day, right, 207 00:10:34,440 --> 00:10:36,400 Speaker 1: It's like when that airliner just disappeared in the middle 208 00:10:36,400 --> 00:10:38,200 Speaker 1: of the ocean, and everybody's like, how do you just 209 00:10:38,320 --> 00:10:40,559 Speaker 1: how does a plane disappear in this day? How does 210 00:10:40,559 --> 00:10:43,520 Speaker 1: a door just fly out of the freaking plane? So 211 00:10:43,559 --> 00:10:46,520 Speaker 1: Boone's on the hook for that. There's a lot of documents. 212 00:10:46,559 --> 00:10:48,480 Speaker 1: You guys should self educate yourself. A lot of this 213 00:10:48,480 --> 00:10:50,480 Speaker 1: stuff is being censored for me. I mean the powers 214 00:10:50,480 --> 00:10:53,160 Speaker 1: that be. You know that they got money in deep 215 00:10:53,360 --> 00:10:56,920 Speaker 1: entrenched places from Netflix to Prime Video, Like there's content 216 00:10:57,000 --> 00:11:00,320 Speaker 1: that you're not meant to be widely distributed. The fact 217 00:11:00,320 --> 00:11:02,920 Speaker 1: that we got Americans floating around in space right now 218 00:11:02,960 --> 00:11:05,360 Speaker 1: with no way to get home other than private company, 219 00:11:05,720 --> 00:11:08,280 Speaker 1: that is the target of half the country right now. 220 00:11:08,800 --> 00:11:11,120 Speaker 1: That suspect to me. You know, when we had a 221 00:11:11,200 --> 00:11:13,880 Speaker 1: Paula thirteen or fourteen and those guys, you know, we're 222 00:11:13,920 --> 00:11:17,080 Speaker 1: lost in space too. The whole world was encapsulated on that. 223 00:11:17,400 --> 00:11:19,800 Speaker 1: Nobody's talking about these guys thought they were leaving their 224 00:11:19,840 --> 00:11:23,520 Speaker 1: families for a week. Imagine you said, by kids, I'll 225 00:11:23,559 --> 00:11:26,640 Speaker 1: be back next week boo nine months later, Hi mom, 226 00:11:26,960 --> 00:11:31,520 Speaker 1: you know you're up in space. Ish. So, without sounding 227 00:11:31,559 --> 00:11:38,120 Speaker 1: like a deranged lunatic on this episode of Conspiracy Warriors, no, man, 228 00:11:38,520 --> 00:11:40,880 Speaker 1: I just think there's layers to the shit. I think 229 00:11:41,240 --> 00:11:44,360 Speaker 1: Boeing has got dark times ahead financially, if you just 230 00:11:44,400 --> 00:11:47,160 Speaker 1: look at it from a common sense approach. You know, 231 00:11:47,200 --> 00:11:49,880 Speaker 1: when you hear something goes wrong right now in aerospace, 232 00:11:49,960 --> 00:11:52,640 Speaker 1: you assume now that it's bowing and that you know, 233 00:11:52,679 --> 00:11:57,120 Speaker 1: the analysts call it a negative consumer index approach or whatever, 234 00:11:57,280 --> 00:12:00,320 Speaker 1: but it's basically like that. There's not a positive things 235 00:12:00,360 --> 00:12:02,560 Speaker 1: Boeing right now. You know, they make a lot of planes, 236 00:12:02,559 --> 00:12:04,800 Speaker 1: but they're making a lot of mistakes. But there are 237 00:12:04,920 --> 00:12:08,760 Speaker 1: a lot of documentaries right now on Netflix, YouTube, even 238 00:12:08,800 --> 00:12:12,720 Speaker 1: Prime Video about talking about these whistleblowers on Congress last week, 239 00:12:13,040 --> 00:12:15,640 Speaker 1: they were being silenced, they were being pressure, they're being 240 00:12:15,760 --> 00:12:19,120 Speaker 1: threat So there's some weird ish going on with Boeing. 241 00:12:19,200 --> 00:12:21,120 Speaker 1: So keeping on that, if I was a betting man, 242 00:12:21,160 --> 00:12:22,960 Speaker 1: I'd say the soccer go down. But again, this is 243 00:12:23,000 --> 00:12:26,280 Speaker 1: not financial advice, this is financial opinions. We'll be right back. 244 00:12:26,440 --> 00:12:29,280 Speaker 2: We'll be right back with the Financial Friday five on 245 00:12:29,400 --> 00:12:32,920 Speaker 2: Cannabis Talk one on one's Financial Fridays with the Insider 246 00:12:32,960 --> 00:12:43,040 Speaker 2: Investor Tony K. Welcome back to Cannabis Talk, one on 247 00:12:43,120 --> 00:12:47,680 Speaker 2: one's Financial Fridays with the Insider Investor Tony K. It's 248 00:12:47,720 --> 00:12:50,160 Speaker 2: now time for the Financial Friday five. 249 00:12:50,040 --> 00:12:52,760 Speaker 1: For you guys. Master Mentors Live. Check them out. In fact, 250 00:12:52,840 --> 00:12:55,720 Speaker 1: we're going to be in Texas next week, Dallas, Texas. 251 00:12:55,720 --> 00:12:57,679 Speaker 1: I see you. Master Mentors Live is coming to a 252 00:12:57,760 --> 00:12:59,800 Speaker 1: city and hear you. Check out the website. We're probably 253 00:12:59,800 --> 00:13:01,480 Speaker 1: done for the rest of the year. But if you 254 00:13:01,480 --> 00:13:05,439 Speaker 1: guys are interested in getting into the kentrepreneur space cashing 255 00:13:05,440 --> 00:13:07,480 Speaker 1: in on the modern day green rush, look us up, 256 00:13:07,559 --> 00:13:09,480 Speaker 1: hit us up, send me a DM, ask me how 257 00:13:09,520 --> 00:13:11,480 Speaker 1: we can help you. There's a lot of different ways 258 00:13:11,480 --> 00:13:14,360 Speaker 1: you can get involved in the industry, from ancillary businesses, 259 00:13:14,559 --> 00:13:17,959 Speaker 1: HVAC development, white labeling, you name it, we got you covered. 260 00:13:18,040 --> 00:13:20,680 Speaker 1: Master Mentors Live is coming to a city near you. 261 00:13:21,400 --> 00:13:23,520 Speaker 1: We're now back here on Financial Fridays on CT one 262 00:13:23,520 --> 00:13:27,320 Speaker 1: to one Ihearts Radio. I just left talking about a 263 00:13:27,400 --> 00:13:30,920 Speaker 1: publicly traded company Boeing. Again, multiple disclaimers. I'm not giving 264 00:13:30,920 --> 00:13:32,760 Speaker 1: you advice. I'm not a shit on a company. This 265 00:13:32,880 --> 00:13:35,920 Speaker 1: is just my personal opinion. I'm no longer a license. 266 00:13:36,000 --> 00:13:37,800 Speaker 1: I don't want to be licensed. I'm not allowed to 267 00:13:37,840 --> 00:13:40,440 Speaker 1: be licensed. But this is where I'm coming from, me 268 00:13:40,520 --> 00:13:44,000 Speaker 1: of just multiple decades of experience and just telling you 269 00:13:44,040 --> 00:13:45,719 Speaker 1: when I see something on the wall, I got to 270 00:13:45,760 --> 00:13:47,320 Speaker 1: share it with you guys, and if there's money to 271 00:13:47,360 --> 00:13:49,600 Speaker 1: be made, that's where I would go with that one. 272 00:13:49,640 --> 00:13:52,160 Speaker 1: But so Boeing, we were talking about a thumbs down. 273 00:13:52,160 --> 00:13:55,000 Speaker 1: Now here we are to another publicly traded company, which 274 00:13:55,040 --> 00:13:57,319 Speaker 1: I also don't want to make any enemies at because 275 00:13:57,360 --> 00:14:00,400 Speaker 1: they control a lot of this world now and that 276 00:14:00,520 --> 00:14:05,160 Speaker 1: is meta, So you guys meta obviously, Mark Zuckerberg, you know, 277 00:14:05,200 --> 00:14:07,120 Speaker 1: and I have no lover hate for this company. It 278 00:14:07,240 --> 00:14:09,440 Speaker 1: is some a company that a lot of people love 279 00:14:09,520 --> 00:14:11,839 Speaker 1: to shit on and hate on. But for me, man it. 280 00:14:12,440 --> 00:14:14,920 Speaker 1: You know, they had a vision. I believe in what 281 00:14:15,000 --> 00:14:18,320 Speaker 1: he did. If you've seen the movie, it's pretty accurate. 282 00:14:18,320 --> 00:14:20,440 Speaker 1: From what I've told I didn't have a lot of 283 00:14:20,480 --> 00:14:22,160 Speaker 1: run ins with him. We were at a couple of 284 00:14:22,160 --> 00:14:24,400 Speaker 1: same events together when I was on Wall Street with Mark, 285 00:14:24,480 --> 00:14:27,400 Speaker 1: and I've actually sat in the back room of the 286 00:14:27,440 --> 00:14:30,280 Speaker 1: New York Stock Exchange right where he sat in. Every 287 00:14:30,360 --> 00:14:34,440 Speaker 1: company that ever goes public the debut or that morning, 288 00:14:34,720 --> 00:14:37,320 Speaker 1: all the sea level, sea level execs meet at this 289 00:14:37,400 --> 00:14:39,680 Speaker 1: private dining room. It's got about it's like one hundred 290 00:14:39,720 --> 00:14:42,360 Speaker 1: person long dining room table. I wasn't allowed to take pictures, 291 00:14:42,800 --> 00:14:46,320 Speaker 1: but every CEO who's ever gone public has breakfast there 292 00:14:46,360 --> 00:14:48,360 Speaker 1: that morning, and so it was a very powerful moment. 293 00:14:48,400 --> 00:14:50,600 Speaker 1: It felt a lot of nostalgia. But anyways, that's the 294 00:14:50,640 --> 00:14:52,240 Speaker 1: closest I've gone to him. We've been in a couple 295 00:14:52,320 --> 00:14:55,600 Speaker 1: of different forms and speaking events together, but outside of that, 296 00:14:55,600 --> 00:14:57,960 Speaker 1: I haven't had a lot of run in with Mark. 297 00:14:58,040 --> 00:15:00,680 Speaker 1: But Mark came out this this this week actually I 298 00:15:00,720 --> 00:15:02,720 Speaker 1: think it was this week, and he came out with 299 00:15:02,760 --> 00:15:06,040 Speaker 1: something pretty powerful. Man, he says, look, man, he sent 300 00:15:06,160 --> 00:15:11,320 Speaker 1: a letter to Congress. Now, this is Zuckerberg, who controls Instagram, 301 00:15:11,720 --> 00:15:15,400 Speaker 1: controls Facebook, I believe WhatsApp, a handful of other little 302 00:15:15,440 --> 00:15:17,720 Speaker 1: obscure companies, and these guys are on a buying tear. 303 00:15:18,200 --> 00:15:20,800 Speaker 1: They're making a killing man. Any industry you're in, if 304 00:15:20,800 --> 00:15:23,360 Speaker 1: you're doing something in social media, you're definitely giving him 305 00:15:23,360 --> 00:15:25,720 Speaker 1: some of your dollars. But and I have no ill 306 00:15:25,760 --> 00:15:27,720 Speaker 1: will against this man, you know. I think he's doing 307 00:15:27,760 --> 00:15:31,000 Speaker 1: the best he can in a political landscape. But Mark 308 00:15:31,040 --> 00:15:33,240 Speaker 1: came out and he sent out a letter to Congress 309 00:15:33,480 --> 00:15:37,680 Speaker 1: and he says, look, man, I apologize. I apologize because 310 00:15:37,720 --> 00:15:43,760 Speaker 1: the White House pressured Facebook into some content repression during 311 00:15:43,760 --> 00:15:46,640 Speaker 1: the pandemic. Now I bring this story to you guys 312 00:15:46,680 --> 00:15:49,600 Speaker 1: for several reasons. There is a money approach here, right. 313 00:15:50,000 --> 00:15:52,040 Speaker 1: You know, for those of you trading the market. Again, 314 00:15:52,120 --> 00:15:55,000 Speaker 1: this is not advice. This is just opinions based on 315 00:15:55,120 --> 00:15:57,640 Speaker 1: multiple decades in the industry. But when you look at 316 00:15:57,680 --> 00:16:00,400 Speaker 1: the CEO, come out and take a stance like this, right, 317 00:16:00,840 --> 00:16:03,240 Speaker 1: And he's historically, if you guys were wondering, he's been 318 00:16:03,400 --> 00:16:05,680 Speaker 1: more politically aligned towards the left. He gave I think 319 00:16:05,760 --> 00:16:08,280 Speaker 1: like two hundred and thirty million dollars may sound like 320 00:16:08,280 --> 00:16:10,480 Speaker 1: a lot when you're worth eighty billion. You know, it's 321 00:16:10,600 --> 00:16:13,480 Speaker 1: dropping the bucket. But he's typically been aligned more towards 322 00:16:13,480 --> 00:16:15,640 Speaker 1: the left, and I think during this administration he's kind 323 00:16:15,680 --> 00:16:19,320 Speaker 1: of stayed quiet. He hasn't donated much, but he finally 324 00:16:19,360 --> 00:16:22,400 Speaker 1: admitted what a lot of us knew. And I think, 325 00:16:22,720 --> 00:16:24,920 Speaker 1: you know, if you're a business person, if you're a 326 00:16:24,960 --> 00:16:29,680 Speaker 1: person who's in an influence, who has a follower base 327 00:16:29,720 --> 00:16:34,240 Speaker 1: that they rely on on curating clients or opportunities, there 328 00:16:34,360 --> 00:16:37,400 Speaker 1: was something called being shadow band. And this was something 329 00:16:37,440 --> 00:16:39,440 Speaker 1: I didn't know about. I had no idea what it was. 330 00:16:39,600 --> 00:16:42,600 Speaker 1: I had some friends in the bodybuilding community that had 331 00:16:42,640 --> 00:16:45,480 Speaker 1: millions of followers, and I would look at their accounts 332 00:16:45,480 --> 00:16:47,320 Speaker 1: and they were like, watch, I'll post this and I'll 333 00:16:47,360 --> 00:16:50,040 Speaker 1: lose xyz number of followers. And these are not organic. 334 00:16:50,680 --> 00:16:52,920 Speaker 1: So what Meticeo? And I'm reading this to you from 335 00:16:52,960 --> 00:16:56,120 Speaker 1: my very neutral website called the AP, the Associated Press. 336 00:16:56,280 --> 00:17:01,400 Speaker 1: Here it goes Meticeo. Mark Zuckerberg says, that's your administration. 337 00:17:01,480 --> 00:17:05,439 Speaker 1: Official pressures pressured Facebook to censor some COVID nineteen content 338 00:17:05,520 --> 00:17:09,000 Speaker 1: during the pandemic and vowed that social media giant would 339 00:17:09,040 --> 00:17:14,720 Speaker 1: push back. Effaced such demands again, and a letter to Rep. 340 00:17:14,840 --> 00:17:22,199 Speaker 1: Jim Jordan the RNC House Judiciary Committee, Zuckerberg alleges that 341 00:17:22,320 --> 00:17:28,479 Speaker 1: officials from the White House repeatedly pressured Facebook for months 342 00:17:28,520 --> 00:17:36,600 Speaker 1: to take down certain content, including humor and satire. You guys, 343 00:17:36,920 --> 00:17:39,639 Speaker 1: last time I checked, this was a free country. Comedians 344 00:17:39,640 --> 00:17:42,000 Speaker 1: could be comedians. You can make people laugh, you can 345 00:17:42,080 --> 00:17:45,800 Speaker 1: make satire. All of a sudden you got these obscure. 346 00:17:46,200 --> 00:17:48,640 Speaker 1: I mean, this is like men in black come alived. 347 00:17:48,720 --> 00:17:51,360 Speaker 1: This is like shit that you thought this country could 348 00:17:51,400 --> 00:17:56,320 Speaker 1: not become, which we just kind of accepted after a while. Right, So, 349 00:17:56,359 --> 00:18:00,959 Speaker 1: the government can now tell the leading social media company 350 00:18:00,960 --> 00:18:04,320 Speaker 1: of the United States what content to put out, what 351 00:18:04,520 --> 00:18:07,400 Speaker 1: content not to And by the way, this I love 352 00:18:07,440 --> 00:18:13,439 Speaker 1: the sentence pressured pressured. The officials expressed a lot of frustration. 353 00:18:13,640 --> 00:18:18,080 Speaker 1: Quotes expressed a lot of frustration when the company didn't agree. 354 00:18:18,119 --> 00:18:20,719 Speaker 1: He said in the letter, I believe the government This 355 00:18:20,760 --> 00:18:23,640 Speaker 1: is from Zuckerberg. I believe quotes. I believe the government 356 00:18:24,040 --> 00:18:27,399 Speaker 1: pressure was wrong, and I regret that we were not 357 00:18:27,600 --> 00:18:32,920 Speaker 1: more outspoken about it. Letter dated August twenty six. Guys, 358 00:18:32,920 --> 00:18:35,080 Speaker 1: this is pretty massive. Let me tell you something now, 359 00:18:35,440 --> 00:18:38,000 Speaker 1: Zuckberg ain't doing this out of the comfort of his heart. 360 00:18:38,040 --> 00:18:40,200 Speaker 1: He's not doing this because he gives a crap about 361 00:18:40,240 --> 00:18:43,040 Speaker 1: free speech. In my opinion, I think he's doing it. 362 00:18:43,080 --> 00:18:46,359 Speaker 1: He's hedging his bets right. He knows what happened there. Now, 363 00:18:46,400 --> 00:18:48,639 Speaker 1: this article, I'm not going to get into the political 364 00:18:48,720 --> 00:18:51,920 Speaker 1: landscape of it, but this artist article goes a little 365 00:18:51,960 --> 00:18:55,320 Speaker 1: bit deeper. It even talks about how they were pressured 366 00:18:55,800 --> 00:18:59,399 Speaker 1: by the bed Biden administration and the current administration to 367 00:18:59,680 --> 00:19:05,560 Speaker 1: send sir and basically shadow band and block people and 368 00:19:05,600 --> 00:19:10,560 Speaker 1: punish people for re sharing a story about Hunter Biden's 369 00:19:10,720 --> 00:19:15,639 Speaker 1: laptop because this was Russian collusion. And then they admit, 370 00:19:15,760 --> 00:19:18,639 Speaker 1: now for the first time publicly, you don't hear about it. 371 00:19:18,680 --> 00:19:20,679 Speaker 1: You're hearing about it here, but google it. It's facts. 372 00:19:20,880 --> 00:19:24,080 Speaker 1: It's from the government. They're telling you it. Zuck's telling 373 00:19:24,080 --> 00:19:28,560 Speaker 1: you this. The White House is admitting it. They agree 374 00:19:30,920 --> 00:19:34,440 Speaker 1: it wasn't they just lied. They just made up shit 375 00:19:34,960 --> 00:19:38,480 Speaker 1: to make free speech not free again. Right, So I 376 00:19:38,480 --> 00:19:40,040 Speaker 1: get a lot of hate mail lately. I got a 377 00:19:40,080 --> 00:19:42,080 Speaker 1: lot of things, Oh dude, you're right, We no man, 378 00:19:42,200 --> 00:19:46,120 Speaker 1: I I'm not political at all. I'm just like, where 379 00:19:46,119 --> 00:19:48,880 Speaker 1: did we go wrong with the common sense? Where did 380 00:19:48,920 --> 00:19:51,440 Speaker 1: free speech go in this country that it's now affecting 381 00:19:51,480 --> 00:19:54,560 Speaker 1: your bottom line? Why is the most when I look 382 00:19:54,600 --> 00:19:57,040 Speaker 1: at my marketing budget on almost every company that I 383 00:19:57,119 --> 00:20:01,040 Speaker 1: have that we spend marketing dollars on social media. Marketing 384 00:20:01,119 --> 00:20:03,960 Speaker 1: is the top line, the most expensive ad expenditure we 385 00:20:04,000 --> 00:20:07,000 Speaker 1: have from a marketing standpoint, And these are the companies 386 00:20:07,000 --> 00:20:09,840 Speaker 1: getting our dollars. And that's who the FEDS and the 387 00:20:09,840 --> 00:20:13,240 Speaker 1: White House and the politicians are going to to suppress information. 388 00:20:13,400 --> 00:20:15,520 Speaker 1: That shit's scary, guys. So what does that tell you 389 00:20:15,520 --> 00:20:18,280 Speaker 1: about your money and what you're doing? Keep your eyes open, 390 00:20:19,240 --> 00:20:22,399 Speaker 1: watch the news, read between the lines, look at both sides. 391 00:20:22,400 --> 00:20:25,240 Speaker 1: If you're a liberal, read the republican stuff. If you're republican, 392 00:20:25,280 --> 00:20:27,920 Speaker 1: read the liberal stuff. Like you got to see, there's 393 00:20:28,080 --> 00:20:30,760 Speaker 1: angles in all this. There's not one trick, pony. I'm 394 00:20:30,760 --> 00:20:33,800 Speaker 1: not waving a red flag or a blue flag. There's 395 00:20:33,880 --> 00:20:36,919 Speaker 1: things that are happening right now that are affecting your 396 00:20:36,960 --> 00:20:40,080 Speaker 1: bottom line, that are affecting of how you consume your news, 397 00:20:40,119 --> 00:20:43,719 Speaker 1: how you consume your advertisements. Like, it's just there's layers 398 00:20:43,760 --> 00:20:46,000 Speaker 1: to the stuff, guys. And I've been talking about this 399 00:20:46,040 --> 00:20:48,439 Speaker 1: for three or four years. I was made fun of, 400 00:20:48,600 --> 00:20:52,000 Speaker 1: I was deep platformed, I was shadow band and now 401 00:20:52,040 --> 00:20:53,639 Speaker 1: they're just kind of slipping it in and on the 402 00:20:53,640 --> 00:20:57,199 Speaker 1: Friday news dumps, like yeah, sorry, you're right that shit's 403 00:20:57,240 --> 00:20:59,840 Speaker 1: really been going on in this country. So what is 404 00:20:59,840 --> 00:21:02,040 Speaker 1: that say Facebook? I gotta tell you, I think it's 405 00:21:02,040 --> 00:21:05,439 Speaker 1: a positive. I think he's as a CEO. He's super smart. 406 00:21:05,840 --> 00:21:08,840 Speaker 1: He's hedging his bets. He's like, look, if Trump wins, 407 00:21:09,280 --> 00:21:11,240 Speaker 1: at least he's on its good graces. He's kind of 408 00:21:11,240 --> 00:21:14,560 Speaker 1: sending this letter to Congress. If Biden wins, he's still 409 00:21:14,600 --> 00:21:16,959 Speaker 1: their puppet. He's like, look, guys, I bow bounce you once. 410 00:21:17,000 --> 00:21:19,479 Speaker 1: I'll do it again himself. I think he's playing both cards. 411 00:21:19,520 --> 00:21:22,600 Speaker 1: I think nobody can do what they're doing right now. 412 00:21:22,600 --> 00:21:24,840 Speaker 1: They're charging what there are. Their revenues are group door 413 00:21:26,960 --> 00:21:28,760 Speaker 1: not a bad play. I was involved in their IPO 414 00:21:28,920 --> 00:21:31,000 Speaker 1: back in the day, so I got a deep, deep 415 00:21:31,040 --> 00:21:34,640 Speaker 1: history of Facebook. And again, I'm not here to prognosticated. 416 00:21:34,720 --> 00:21:37,240 Speaker 1: I'm not here to be a fortune teller here and 417 00:21:37,280 --> 00:21:39,320 Speaker 1: tell you guys the truth. What I'm saying here right now, 418 00:21:40,400 --> 00:21:44,439 Speaker 1: it's it's reassuring to know that free speech, you know, 419 00:21:44,840 --> 00:21:47,840 Speaker 1: is still slightly expected, even though I don't type chant 420 00:21:48,320 --> 00:21:52,840 Speaker 1: people hearing. I think we've become so desensitized that the 421 00:21:52,960 --> 00:21:56,840 Speaker 1: value is free speech can be jas anyway on a 422 00:21:56,880 --> 00:21:59,239 Speaker 1: brighter note. When we ride back into Fridays, I got 423 00:21:59,280 --> 00:22:01,120 Speaker 1: one more second for We'll be right back. 424 00:22:01,240 --> 00:22:03,719 Speaker 2: We'll be right back with more Financial Fridays with the 425 00:22:03,720 --> 00:22:07,560 Speaker 2: Inside Investor Tony K. Make sure you follow Tony at 426 00:22:07,560 --> 00:22:18,960 Speaker 2: the Insider Investor. Welcome back to Cannabis Talk one on 427 00:22:19,040 --> 00:22:23,320 Speaker 2: one's Financial Fridays with the Inside Investor Tony K. Make 428 00:22:23,359 --> 00:22:25,639 Speaker 2: sure you like, follow and subscribe to the show. 429 00:22:25,680 --> 00:22:28,040 Speaker 1: Now, you guys, ever found yourself caught up anita lawyer, 430 00:22:28,119 --> 00:22:30,119 Speaker 1: Let me help you out. Now, you guys, find my 431 00:22:30,160 --> 00:22:33,119 Speaker 1: friend Freddy Sage over the Fox Firm. That's the Foxfirm 432 00:22:33,119 --> 00:22:35,159 Speaker 1: dot com with two axes or better yet, give him 433 00:22:35,200 --> 00:22:38,040 Speaker 1: a call. Three one oh eight seven seven five zero 434 00:22:38,080 --> 00:22:42,200 Speaker 1: three three. My man, Freddy got you covered for cannabis law. 435 00:22:42,280 --> 00:22:45,560 Speaker 1: He's got entertainment law, criminal defense. He's your one man shot. 436 00:22:46,200 --> 00:22:49,040 Speaker 1: If he can't handle it, he's got you covered, guys again, 437 00:22:49,080 --> 00:22:51,920 Speaker 1: look him up online. That's the Fox Firm with two 438 00:22:51,960 --> 00:22:55,160 Speaker 1: axes for three one oh eight seven seven five zero 439 00:22:55,240 --> 00:22:57,480 Speaker 1: three three. We're now back here on Financial Fridays on 440 00:22:57,520 --> 00:23:00,560 Speaker 1: seat you want to one. Ihearts radio man. We just 441 00:23:00,600 --> 00:23:03,199 Speaker 1: covered a couple of big topics, right. We got Facebook 442 00:23:03,200 --> 00:23:05,280 Speaker 1: and the news. We got Boeing in the news, and 443 00:23:05,440 --> 00:23:08,280 Speaker 1: now we got a national decision that's been coming out 444 00:23:08,320 --> 00:23:10,919 Speaker 1: from the DNC in the platform and it's talking about 445 00:23:11,320 --> 00:23:14,920 Speaker 1: given twenty five thousand dollars to first time home buyers 446 00:23:15,359 --> 00:23:17,359 Speaker 1: for now. This is where it gets a little bit 447 00:23:17,359 --> 00:23:19,480 Speaker 1: of gray area, guys. And again, not to get political, 448 00:23:19,560 --> 00:23:21,320 Speaker 1: but we just got to look at the money, because 449 00:23:21,359 --> 00:23:23,439 Speaker 1: your tax dollars is money that you're putting in your 450 00:23:23,440 --> 00:23:26,320 Speaker 1: pocket every day. So what this is reading now from 451 00:23:26,400 --> 00:23:29,440 Speaker 1: just ABC News out here in California, will California help 452 00:23:29,520 --> 00:23:33,440 Speaker 1: undocumented immigrants by their first home. It's up to newsom now. 453 00:23:33,480 --> 00:23:36,080 Speaker 1: And again full disclosure, guys, I'm gonna get immigrant into 454 00:23:36,080 --> 00:23:37,840 Speaker 1: this country. Came here when I was two years old. 455 00:23:38,200 --> 00:23:40,080 Speaker 1: I have no skin in this game other than the 456 00:23:40,080 --> 00:23:42,280 Speaker 1: fact that I think was fairest. Farewell's right, it's right, 457 00:23:42,600 --> 00:23:45,000 Speaker 1: and your dollars in your pockets or your dollars in 458 00:23:45,040 --> 00:23:46,560 Speaker 1: your pockets, and this is how it's going to now 459 00:23:46,560 --> 00:23:48,800 Speaker 1: be spent out. Again, I haven't done enough research. I'm 460 00:23:48,800 --> 00:23:50,800 Speaker 1: going to rely on you Connor here to do a 461 00:23:50,800 --> 00:23:53,199 Speaker 1: little bit of the background. But there's two sides of 462 00:23:53,240 --> 00:23:56,880 Speaker 1: the story, right, there's the argument that's been made that look, man, 463 00:23:57,240 --> 00:23:59,280 Speaker 1: you know, we all bust our butts every day to 464 00:23:59,320 --> 00:24:02,440 Speaker 1: make money. Taxes on taxes on taxes, you pay tax 465 00:24:02,480 --> 00:24:04,840 Speaker 1: on gas, you pay taxes on income, you take taxes 466 00:24:04,840 --> 00:24:07,119 Speaker 1: on wealth. When you die, the taxi and go on 467 00:24:07,160 --> 00:24:09,480 Speaker 1: and on. Right, So now it's like, all right, what 468 00:24:09,520 --> 00:24:12,840 Speaker 1: are those moneies being used for. So there's a law 469 00:24:12,880 --> 00:24:16,439 Speaker 1: that now being fast tracked up to Newsom and this 470 00:24:16,560 --> 00:24:18,800 Speaker 1: is more on a national platform that they put out, 471 00:24:19,080 --> 00:24:22,680 Speaker 1: but it's also coming out now here locally and wanting 472 00:24:22,720 --> 00:24:24,439 Speaker 1: to kind of put this on the forefront for the 473 00:24:24,440 --> 00:24:27,280 Speaker 1: California initiative. I'm going to read straight from this ABC 474 00:24:27,359 --> 00:24:31,280 Speaker 1: News article. A bill that could help undocumented immigrants purchase 475 00:24:31,520 --> 00:24:33,960 Speaker 1: their first home in California is heading to the governor 476 00:24:34,040 --> 00:24:38,480 Speaker 1: for a final decision. The bill, from Assemblyman Doctor Joaquin 477 00:24:38,920 --> 00:24:43,360 Speaker 1: Arambula Ata Fresno, is meant to clarify that undocumented immigrants 478 00:24:43,400 --> 00:24:45,919 Speaker 1: have the ability to apply to the California Dream for 479 00:24:46,000 --> 00:24:48,960 Speaker 1: All loan program if they meet the qualifications. Part of 480 00:24:48,960 --> 00:24:52,320 Speaker 1: that qualification includes securing a bank loan or mortgage and 481 00:24:52,400 --> 00:24:56,280 Speaker 1: repaying the loan with zero interest when homes are sold. 482 00:24:56,880 --> 00:25:01,080 Speaker 1: Keep that word in mind, with zero interest. Now, this 483 00:25:01,119 --> 00:25:03,760 Speaker 1: is the bill AB eighteen forty does not create a 484 00:25:03,800 --> 00:25:07,920 Speaker 1: new homeowner equity assistance program for specific group, nor does 485 00:25:07,960 --> 00:25:10,520 Speaker 1: it give away free money. Already anybody who can apply 486 00:25:10,680 --> 00:25:13,360 Speaker 1: meets the existing This is according to this guy. However, 487 00:25:13,840 --> 00:25:16,640 Speaker 1: California's state Republicans are calling all the governor to veto 488 00:25:16,680 --> 00:25:19,760 Speaker 1: the bills, saying it would give taxpayer dollars to undocumented 489 00:25:19,760 --> 00:25:23,320 Speaker 1: immigrants to buy a house many generate many this is 490 00:25:23,320 --> 00:25:25,119 Speaker 1: a true story. I think we can all attest to this. 491 00:25:25,240 --> 00:25:28,240 Speaker 1: Many generational Californians can no longer afford to buy a 492 00:25:28,240 --> 00:25:33,960 Speaker 1: house here in California thanks to unsustainable economic policies. Every 493 00:25:34,000 --> 00:25:36,560 Speaker 1: dollar given to an illegal immigrant is a dollar taken 494 00:25:36,560 --> 00:25:40,680 Speaker 1: away from legal residents, including my favorite veterans in their families. 495 00:25:40,680 --> 00:25:43,200 Speaker 1: So what are we talking about here, Connor? So here's 496 00:25:43,240 --> 00:25:45,240 Speaker 1: the thing. And I heard this, and I watch everything, Dude, 497 00:25:45,280 --> 00:25:47,400 Speaker 1: I watched the RNC, the DNC. I don't care. I'm 498 00:25:47,400 --> 00:25:49,320 Speaker 1: not I'm not politically aligned. I just want to see 499 00:25:49,320 --> 00:25:51,960 Speaker 1: where the money's flowing, where the lies are being told. 500 00:25:52,440 --> 00:25:54,840 Speaker 1: So at the end of the day, you know, I 501 00:25:54,840 --> 00:25:57,720 Speaker 1: have a very soft spot in my heart for veterans 502 00:25:57,920 --> 00:25:59,960 Speaker 1: and I have not skinning the game. Like I said, 503 00:26:00,000 --> 00:26:03,720 Speaker 1: I came to this country, migrated legally. My parents did 504 00:26:03,760 --> 00:26:06,600 Speaker 1: as well. My sister was already born here. I became 505 00:26:06,640 --> 00:26:09,000 Speaker 1: a naturalized citizen myself, I think when I was seventeen 506 00:26:09,040 --> 00:26:12,400 Speaker 1: or eighteen. But so and I know the work it took. 507 00:26:12,760 --> 00:26:14,560 Speaker 1: Same time. I know there's a lot of people that 508 00:26:14,800 --> 00:26:18,560 Speaker 1: got here, maybe illegally, work their butts off, that have 509 00:26:18,600 --> 00:26:20,960 Speaker 1: put money into the system. They also deserve some care 510 00:26:21,000 --> 00:26:23,919 Speaker 1: and compassion. Where I have an issue is when all 511 00:26:23,920 --> 00:26:26,280 Speaker 1: of a sudden, our veterans are being pushed aside now 512 00:26:26,880 --> 00:26:31,240 Speaker 1: and now there's new legislation and hyper focus on forget 513 00:26:31,240 --> 00:26:33,600 Speaker 1: about the people that came here before, but right now, 514 00:26:33,640 --> 00:26:36,680 Speaker 1: with everything going on, there's still this like push, mass 515 00:26:36,720 --> 00:26:40,720 Speaker 1: push to keep incentivizing new people to come here legally illegally. 516 00:26:40,880 --> 00:26:43,280 Speaker 1: So that's where kind of I stand on it personally, 517 00:26:43,640 --> 00:26:46,280 Speaker 1: not speaking on it on behalf of anybody else. But 518 00:26:46,680 --> 00:26:49,560 Speaker 1: this new program also says that you can claim one 519 00:26:49,640 --> 00:26:52,600 Speaker 1: hundred and fifty thousand dollars home loan at zero percent interest. 520 00:26:52,880 --> 00:26:55,960 Speaker 1: Now let's put our money the hats back on. Right. 521 00:26:56,000 --> 00:26:57,760 Speaker 1: What I always talk to you guys about and try 522 00:26:57,760 --> 00:27:00,560 Speaker 1: to really preach is that there's never anything for free. 523 00:27:01,080 --> 00:27:05,320 Speaker 1: When they say loan forgiveness program to college students, there's 524 00:27:05,400 --> 00:27:08,920 Speaker 1: no magic loan fairry that popped up. Dude, your college 525 00:27:09,320 --> 00:27:13,440 Speaker 1: debt is wiped out. Daniel, you pay taxes, right, you're 526 00:27:13,480 --> 00:27:16,360 Speaker 1: paying for loan forgive him as Connor, you pay taxes right. 527 00:27:17,040 --> 00:27:19,639 Speaker 1: That's loan forgiveness, my friend. They should just call it 528 00:27:19,720 --> 00:27:22,639 Speaker 1: everybody's paying for your shit forgiveness. Sorry, there's kids in 529 00:27:22,680 --> 00:27:25,440 Speaker 1: the studio. But y'all, y'all hear what I'm saying, right, 530 00:27:25,480 --> 00:27:27,560 Speaker 1: This is not about being compassionate. Like if there was 531 00:27:27,760 --> 00:27:30,159 Speaker 1: unlimited amounts of money, I'm all for it. I was 532 00:27:30,200 --> 00:27:33,040 Speaker 1: a college student, I have college debt still, probably paying 533 00:27:33,040 --> 00:27:36,600 Speaker 1: it off somewhere, right. But when they magically bring these 534 00:27:36,640 --> 00:27:41,320 Speaker 1: words together like college forgiveness plan, no, dude, somebody's paying 535 00:27:41,359 --> 00:27:46,280 Speaker 1: for that. So this zero percent home loan thing, who's 536 00:27:46,320 --> 00:27:48,879 Speaker 1: given money at zero percent because sign me up times 537 00:27:48,920 --> 00:27:52,960 Speaker 1: ten on Sundays. Right. So the way they package these 538 00:27:53,000 --> 00:27:55,920 Speaker 1: words in these bills, and they both do it, guys, 539 00:27:55,920 --> 00:27:58,280 Speaker 1: this isn't a liberal, this isn't a left right, this 540 00:27:58,320 --> 00:28:01,960 Speaker 1: isn't Republicans Democrats. It's just a money thing. Dude, we're 541 00:28:02,000 --> 00:28:05,520 Speaker 1: all human, we're all Americans. Why can't people just have conversations? 542 00:28:05,800 --> 00:28:08,760 Speaker 1: Why do I got a tiptoe around haters dming me 543 00:28:08,840 --> 00:28:11,359 Speaker 1: about crap that they didn't like. Dude, let's just have 544 00:28:11,400 --> 00:28:14,080 Speaker 1: a conversation. You can come on my show anytime, you know. 545 00:28:14,440 --> 00:28:16,719 Speaker 1: Don't sit here and be a keyboard warrior and just 546 00:28:16,800 --> 00:28:19,800 Speaker 1: think that like, oh, your side's right. No, dude, they've 547 00:28:19,840 --> 00:28:23,440 Speaker 1: they've been manipulating this game since you were born. If 548 00:28:23,440 --> 00:28:25,680 Speaker 1: this side wins, they still win. If that side wins, 549 00:28:25,680 --> 00:28:28,080 Speaker 1: they still win. This is a money game and they're 550 00:28:28,160 --> 00:28:34,880 Speaker 1: playing chess and you're playing checkers. So continuing on ABE 551 00:28:34,960 --> 00:28:37,520 Speaker 1: one forty is about providing an opportunity to hard working, 552 00:28:37,560 --> 00:28:40,360 Speaker 1: responsible people who dream of owning a home and passing 553 00:28:40,400 --> 00:28:43,560 Speaker 1: that legacy to their children, a dream that we have 554 00:28:43,920 --> 00:28:46,440 Speaker 1: for all of our families in California. This guy wrote 555 00:28:46,440 --> 00:28:50,080 Speaker 1: the bill, and that includes undocumented immigrants who have lived 556 00:28:50,080 --> 00:28:52,360 Speaker 1: here for decades and pay their taxes, they have Social 557 00:28:52,360 --> 00:28:56,520 Speaker 1: Security numbers and its so yeah, I agree. Now, what 558 00:28:56,560 --> 00:28:59,080 Speaker 1: about the veterans though, Like, why are we not putting 559 00:28:59,080 --> 00:29:02,440 Speaker 1: that much attention to our veterans and then towards our 560 00:29:02,520 --> 00:29:04,720 Speaker 1: mental health crisis in the schools right now. You know, 561 00:29:04,760 --> 00:29:06,760 Speaker 1: I've loved ones right now that are in the mental 562 00:29:06,800 --> 00:29:10,440 Speaker 1: health system that are being laid off. And we saw 563 00:29:10,480 --> 00:29:12,480 Speaker 1: what the pandemic did to the youth of this generation. 564 00:29:12,520 --> 00:29:14,840 Speaker 1: I mean, these kids are like I thought our generation 565 00:29:15,040 --> 00:29:16,760 Speaker 1: was rough. Man, these kids have it rough. They were 566 00:29:17,000 --> 00:29:20,600 Speaker 1: completely sideswiped by what was going on, and now they're 567 00:29:20,640 --> 00:29:23,480 Speaker 1: cutting their mental access, et cetera. So I just think 568 00:29:23,520 --> 00:29:25,360 Speaker 1: that there's bigger problems that we need to focus on. 569 00:29:25,400 --> 00:29:27,640 Speaker 1: I do think this is a political ploy. Connor, what's 570 00:29:27,680 --> 00:29:30,080 Speaker 1: your thoughts that I did I missed paraphrase he or anything? 571 00:29:30,080 --> 00:29:31,000 Speaker 1: Am I missing anything? 572 00:29:31,120 --> 00:29:31,239 Speaker 2: No? 573 00:29:31,320 --> 00:29:34,840 Speaker 3: And I just I wanted to add that, you know, 574 00:29:34,920 --> 00:29:40,680 Speaker 3: I just beside opinions, Like you know, it wasn't planned 575 00:29:40,680 --> 00:29:43,760 Speaker 3: out well from my understanding and from what I've read. 576 00:29:44,000 --> 00:29:47,600 Speaker 3: You know, essentially they've ran out of money already for 577 00:29:47,760 --> 00:29:50,000 Speaker 3: the first round of it when they did it back 578 00:29:50,040 --> 00:29:53,920 Speaker 3: in June, and out of eighteen thousand applicants, only seventeen 579 00:29:54,000 --> 00:29:58,240 Speaker 3: hundred were accepted when they ran out of money. And 580 00:29:58,440 --> 00:30:01,240 Speaker 3: you know, obviously seventeen hundred people getting into a home 581 00:30:01,320 --> 00:30:07,280 Speaker 3: like that's obviously a massive difference. However, you know, it's 582 00:30:07,400 --> 00:30:09,920 Speaker 3: due to that fact it doesn't seem sustainable to me. 583 00:30:10,280 --> 00:30:13,720 Speaker 1: Well to kind of also take that to another step further. 584 00:30:13,800 --> 00:30:16,600 Speaker 1: I do remember when I was on Wall Street and 585 00:30:16,680 --> 00:30:19,720 Speaker 1: I would see these multi billion dollar rates read stands 586 00:30:19,720 --> 00:30:22,960 Speaker 1: for real estate Investment trust and these these were like 587 00:30:23,080 --> 00:30:27,240 Speaker 1: legalized Ponzi schemes. Many they'd structure these investments to promise 588 00:30:27,280 --> 00:30:29,840 Speaker 1: our investors seven eight percent return, and we were legally 589 00:30:29,880 --> 00:30:31,840 Speaker 1: allowed to go out there and sell it, but they 590 00:30:31,880 --> 00:30:34,840 Speaker 1: were using new proceeds to pay these dividends, and by 591 00:30:34,880 --> 00:30:37,920 Speaker 1: all intents and definition, that's a Ponzi scheme. But somehow 592 00:30:37,960 --> 00:30:40,920 Speaker 1: Wall Street, you know, articulated this that this was and 593 00:30:40,960 --> 00:30:43,280 Speaker 1: they still sell them to this day. You know, it's 594 00:30:43,320 --> 00:30:46,280 Speaker 1: just something that they do. My point is that a 595 00:30:46,320 --> 00:30:49,680 Speaker 1: lot of these laws that get pushed to these politicians, 596 00:30:49,720 --> 00:30:52,040 Speaker 1: they're just puppets. Do it on both sides. But what 597 00:30:52,160 --> 00:30:54,640 Speaker 1: happens is I wouldn't be surprised, like you just said, 598 00:30:54,680 --> 00:30:57,840 Speaker 1: out of eighteen thousand applicants, seventeen hundred qualified. But it's 599 00:30:57,920 --> 00:31:00,120 Speaker 1: going to be the builders that push this. It's going 600 00:31:00,160 --> 00:31:02,960 Speaker 1: to be the contractors that are incentivized by this, It's 601 00:31:02,960 --> 00:31:04,920 Speaker 1: going to be the lenders that are getting the back 602 00:31:05,000 --> 00:31:08,520 Speaker 1: end of financial services business out of it. It's never. 603 00:31:09,080 --> 00:31:11,800 Speaker 1: It's never that the government is looking out for your 604 00:31:11,800 --> 00:31:15,440 Speaker 1: best interest. Ever, I don't care who's in charge, Charles 605 00:31:15,440 --> 00:31:17,960 Speaker 1: in charge. It doesn't matter who it is. They're never 606 00:31:18,040 --> 00:31:21,440 Speaker 1: it's not about you. There's layers to these bills and laws, 607 00:31:21,480 --> 00:31:23,160 Speaker 1: and that's why I always try to dissect them, like, 608 00:31:23,200 --> 00:31:25,440 Speaker 1: all right, cool, if the left brought it out, if 609 00:31:25,440 --> 00:31:26,960 Speaker 1: the right brought it out, it is what it is. 610 00:31:27,480 --> 00:31:29,960 Speaker 1: But there's always an agenda. And if you follow the 611 00:31:30,040 --> 00:31:33,320 Speaker 1: money trail quickly, you'll find out, Oh, there's the lobbyist 612 00:31:33,400 --> 00:31:35,880 Speaker 1: that's paying for it. It is financial services, it is 613 00:31:35,920 --> 00:31:40,080 Speaker 1: the builders, it is the mortgage companies. There's always layers 614 00:31:40,120 --> 00:31:42,320 Speaker 1: to this shit, you know what I'm saying. And so 615 00:31:42,880 --> 00:31:44,960 Speaker 1: the more the more you kind of dive between. Now, 616 00:31:45,000 --> 00:31:46,440 Speaker 1: this one was news to me. You know, when we 617 00:31:46,440 --> 00:31:48,960 Speaker 1: were talking about it earlier in our production meeting, I 618 00:31:48,960 --> 00:31:50,480 Speaker 1: didn't want to talk about it too much because I 619 00:31:50,480 --> 00:31:52,360 Speaker 1: haven't really dived into it, haven't reached out to the 620 00:31:52,360 --> 00:31:54,680 Speaker 1: people that I know. But just looking on the surface, 621 00:31:54,720 --> 00:31:57,000 Speaker 1: it's obviously a panning to the voters, et cetera. But 622 00:31:57,560 --> 00:31:59,640 Speaker 1: there is a common sense that I think the average 623 00:31:59,640 --> 00:32:01,600 Speaker 1: America right now is just getting sick and tired of 624 00:32:01,640 --> 00:32:03,959 Speaker 1: It's like, dude, what was that other article we were 625 00:32:03,960 --> 00:32:07,600 Speaker 1: talking about talking about today? Man, Like we accidentally gave 626 00:32:07,680 --> 00:32:10,400 Speaker 1: two hundred and ninety billion dollars to the or a 627 00:32:10,440 --> 00:32:13,160 Speaker 1: million dollars to the Taliban, Like whoop. Sorry, you know 628 00:32:13,200 --> 00:32:16,760 Speaker 1: there's a country that our veterans bled died for, spent 629 00:32:16,920 --> 00:32:20,320 Speaker 1: trillions of dollars on this war, left in disgrace after 630 00:32:20,360 --> 00:32:22,240 Speaker 1: twenty years, killed some people on the way up, and 631 00:32:22,760 --> 00:32:25,840 Speaker 1: now they're every woman, every girl can't even go to 632 00:32:25,840 --> 00:32:29,560 Speaker 1: school there now completely just like five year old cannot 633 00:32:29,600 --> 00:32:31,680 Speaker 1: read or write. They're not allowed to go to school. 634 00:32:31,840 --> 00:32:33,840 Speaker 1: Everything's back to the way it was, if not more. 635 00:32:33,920 --> 00:32:36,760 Speaker 1: And they have eight billion dollars worth of our you know, 636 00:32:36,840 --> 00:32:39,960 Speaker 1: military toys, So there's after a while. I just think 637 00:32:40,280 --> 00:32:43,760 Speaker 1: as as Americans, we're looking at this info and we're 638 00:32:43,840 --> 00:32:46,760 Speaker 1: just so saturated with noise that when it comes down 639 00:32:46,800 --> 00:32:49,400 Speaker 1: to the common sense, we're afraid to talk about it. 640 00:32:49,440 --> 00:32:52,240 Speaker 1: We're afraid we're going to be censored, shadow band canceled. 641 00:32:52,600 --> 00:32:54,680 Speaker 1: People are going to dm US saying, hey, I don't 642 00:32:54,720 --> 00:32:57,920 Speaker 1: like your content. You know, all you can do is 643 00:32:57,960 --> 00:32:59,880 Speaker 1: just speak up, guys, and that's what it is. And 644 00:33:00,720 --> 00:33:03,720 Speaker 1: I have found that when I followed the money, it 645 00:33:04,160 --> 00:33:07,080 Speaker 1: helps me make more money. Maybe by sharing this information 646 00:33:07,120 --> 00:33:09,880 Speaker 1: with me, not on this last one. You know that 647 00:33:11,360 --> 00:33:14,040 Speaker 1: you're an undocumented immigrant, definitely look into it. You know 648 00:33:14,080 --> 00:33:17,320 Speaker 1: I don't. I'm equal opportunity with my money and advice. 649 00:33:17,320 --> 00:33:19,040 Speaker 1: Take advantage of it. I mean, they're going to put 650 00:33:19,040 --> 00:33:22,960 Speaker 1: it out there. You know, you're welcome, right for the doctors. 651 00:33:23,040 --> 00:33:25,520 Speaker 1: But yeah, I've been there. You know, I have no 652 00:33:25,600 --> 00:33:27,800 Speaker 1: hate in my heart for anybody. It's just a matter 653 00:33:27,880 --> 00:33:29,760 Speaker 1: of what are we doing with our money? And let's 654 00:33:29,760 --> 00:33:32,400 Speaker 1: be a little bit smarter with our money. So on that, No, guys, 655 00:33:32,480 --> 00:33:35,800 Speaker 1: I hope you enjoyed today's episode of Financial Fridays. My 656 00:33:35,880 --> 00:33:38,560 Speaker 1: name is Tony Kay, the Inside Investor here on Financial Fridays. 657 00:33:39,040 --> 00:33:41,520 Speaker 1: Remember if you're mind right, you're all tight. We'll see 658 00:33:41,560 --> 00:33:43,760 Speaker 1: you next time here Financial Friday. 659 00:33:44,240 --> 00:33:47,160 Speaker 2: Oh, thank you for listening to Financial Fridays with the 660 00:33:47,160 --> 00:33:51,120 Speaker 2: Insider Investor Tony k on Cannabis Talk one on one, 661 00:33:51,280 --> 00:33:55,240 Speaker 2: the world's number one source for everything cannabis.