WEBVTT - Convos About the American Dream 0:00:01.840 --> 0:00:04.400 What's up? And welcome back to another episode of No 0:00:04.519 --> 0:00:07.520 Salers Podcast with your hosts Now fuck that with your 0:00:07.560 --> 0:00:15.920 loaw glasses, Malone. What you was going to do in 0:00:15.960 --> 0:00:16.759 Las Vegas. 0:00:18.000 --> 0:00:21.560 There's a pre IPO like biotech company out there. I 0:00:21.560 --> 0:00:25.000 was thinking about investing in, and they've talked about having 0:00:25.040 --> 0:00:30.560 a quick IPO turnaround, and I'm skeptical on them turning 0:00:30.600 --> 0:00:32.720 that around that fast. So I wanted at that price. 0:00:32.840 --> 0:00:34.880 So I wanted to see if they had filing paperwork 0:00:34.880 --> 0:00:36.040 and all that kind of shit and kind of look 0:00:36.080 --> 0:00:37.159 them in the eye a little bit more and like 0:00:37.240 --> 0:00:39.120 really kind of press them face to face, like in 0:00:39.159 --> 0:00:42.760 their office. If anybody can write an email, I can 0:00:42.800 --> 0:00:45.400 see if you squirm in a chair that when I 0:00:45.400 --> 0:00:46.400 asked you hard questions. 0:00:47.320 --> 0:00:49.680 MM. So that was kind of I was thinking about 0:00:49.680 --> 0:00:54.160 going for the Seeman Show. What the Sema Show. It's 0:00:54.160 --> 0:00:58.680 a big car show. Oh, car show in Vegas. We 0:00:58.760 --> 0:01:02.880 missed the Big Smoke. What was the Big Smoke? Oh? 0:01:03.440 --> 0:01:06.240 Like they do they do one in Vegas and one 0:01:06.280 --> 0:01:08.760 in Florida. But it's it's the biggest cigar convention of 0:01:08.800 --> 0:01:11.400 the year. Everybody goes there. They give away free everything. 0:01:11.400 --> 0:01:12.560 It's really quite a situation. 0:01:13.400 --> 0:01:16.880 It's crazy. Is the last time I was in Vegas, 0:01:18.160 --> 0:01:20.880 I went to my favorite restaurant, Dale Friscos. My favorite 0:01:20.920 --> 0:01:24.319 dal Friscos is in New York in New York City 0:01:24.360 --> 0:01:27.399 in Manhattan, but they have a really good one in Vegas. 0:01:27.720 --> 0:01:30.520 And it was a football player, professional football player that 0:01:30.640 --> 0:01:33.040 retired selling cigars and I bought one from me. 0:01:33.440 --> 0:01:34.120 Was it Ed Reed? 0:01:35.400 --> 0:01:36.679 I think it was Ed Reid. 0:01:38.720 --> 0:01:42.679 Obviously I'm rocking the Miami Hurricanes had. Ed Reid is 0:01:42.800 --> 0:01:46.240 my man, big fan of his. I like his cigar line. 0:01:46.680 --> 0:01:48.520 I wanted to see if he wanted to do some 0:01:48.640 --> 0:01:51.000 work with my other boy out in Tonga and grow 0:01:51.080 --> 0:01:53.520 the first tongin leaf in the industry, but I couldn't 0:01:53.560 --> 0:01:54.440 get an email. 0:01:54.160 --> 0:01:57.800 Back a tongu and leaf like for a cigar. 0:01:58.640 --> 0:02:04.360 Yeah, Tonga is the It's like almost identical climate wise 0:02:04.400 --> 0:02:06.960 to Cuba. It's like the same exactism from the equator 0:02:06.960 --> 0:02:09.720 but on the other side, and it's all volcanic soil, 0:02:10.560 --> 0:02:15.640 so like, it's very similar precipitation, very similar weather patterns 0:02:15.639 --> 0:02:18.480 on all fronts. So they had he has some empty 0:02:18.840 --> 0:02:21.800 family farmland out there, and I thought it would be 0:02:21.960 --> 0:02:24.040 very interesting to shake up the industry with the first 0:02:24.040 --> 0:02:29.119 ever high quality Cuban seed pollination. Belief just never got 0:02:29.120 --> 0:02:29.639 off the ground. 0:02:30.800 --> 0:02:40.760 Mm that sound interesting. So finished telling me about finished 0:02:40.760 --> 0:02:44.000 telling me about the difference between America, where they were 0:02:44.080 --> 0:02:51.160 ranked at as far as simply put economic advancement opportunities, 0:02:51.280 --> 0:02:54.440 versus Singapore where were they ranked that? Explain that to 0:02:54.480 --> 0:02:54.840 me again. 0:02:55.200 --> 0:03:02.000 This was an Economic Freedom index, so it encompassed four factors, 0:03:02.080 --> 0:03:07.920 property rights, government integrity, judicial effective effectiveness, tax burden, and 0:03:08.000 --> 0:03:12.320 government spending. So Singapore had an overall index score of 0:03:12.360 --> 0:03:16.200 eighty five. They were number one. The United States was 0:03:16.280 --> 0:03:21.160 number twenty five with a seventy point one. The US 0:03:21.200 --> 0:03:25.840 got dragged down a lot in the government spending index score, 0:03:26.120 --> 0:03:28.680 though some other countries that are ahead of them were 0:03:28.720 --> 0:03:33.799 far worse, like Ireland, the Czech Republic, Germany, a lot 0:03:33.800 --> 0:03:38.200 of EU countries spend a bunch of money. Interesting countries 0:03:38.200 --> 0:03:41.840 that were behind the United States, like China was pretty low. 0:03:43.240 --> 0:03:46.560 They have actually a they have less government spending and 0:03:46.640 --> 0:03:49.520 communists China relative to GDP than the United States does, 0:03:50.000 --> 0:03:54.800 but their property rights and government integrity and that kind 0:03:54.800 --> 0:03:56.600 of stuff, their scores got dragged down. 0:03:58.760 --> 0:04:02.520 Yeah, property this is like this is more of the 0:04:02.600 --> 0:04:06.200 opportunity to build wealth. Wealth building in countries. 0:04:09.200 --> 0:04:12.440 Yeah, it's I would almost say it to some degree 0:04:12.480 --> 0:04:16.920 because obviously some of these countries, like even Singapore, I'm 0:04:17.000 --> 0:04:19.359 sure it's not as much money to be made. 0:04:20.560 --> 0:04:23.359 Does that make sense, Yeah, it depends. Singapore is a 0:04:23.400 --> 0:04:25.240 tech hub, so there is a lot of money to 0:04:25.240 --> 0:04:29.480 be made there, a lot of I would say, really, 0:04:29.480 --> 0:04:35.360 it kind of comes down to like an entrepreneurial like 0:04:35.360 --> 0:04:41.159 like how manicured is the path to like entrepreneurial successful 0:04:41.160 --> 0:04:44.719 independence to like be your own man, you know, run 0:04:44.760 --> 0:04:46.720 your own show, that. 0:04:46.720 --> 0:04:50.240 Kind of thing, old school living. Yeah, you have to 0:04:50.279 --> 0:04:53.880 barter things. Somebody made choose and you grew corn and 0:04:53.960 --> 0:04:55.480 you you know, you made your deal. 0:04:56.240 --> 0:04:58.760 Yeah yeah, I mean anything. 0:04:58.839 --> 0:05:07.000 Yeah, so by that standard, because Singapore is becoming a 0:05:07.080 --> 0:05:09.720 tech hub, so that's they're selling everything internet. Let me 0:05:09.760 --> 0:05:13.440 ask you some Pete. Yesterday I was listening to Trump 0:05:13.480 --> 0:05:17.960 talking why am I a huge fan of the concept 0:05:18.000 --> 0:05:21.600 of bringing industry back to America? And why isn't Why 0:05:21.640 --> 0:05:24.320 aren't And you're the perfect person to answer this question 0:05:26.520 --> 0:05:29.359 because you are kind of Republican, if that would be 0:05:29.400 --> 0:05:31.599 fair to say, you know what you are versus to me, 0:05:31.680 --> 0:05:35.640 where you just have values that fit you and some 0:05:35.680 --> 0:05:38.400 of them have some of the same values, but most 0:05:38.400 --> 0:05:41.920 people will look at you as a conservative or a Republican. 0:05:42.600 --> 0:05:46.320 Why is it that I am a fan of the 0:05:46.600 --> 0:05:50.480 Why does it make sense to me? Okay, two questions, 0:05:50.480 --> 0:05:56.120 two parts. What's the flaw in putting tariffs on people? 0:05:56.200 --> 0:06:01.280 That's importing right things based off slave I mean, cheap 0:06:01.320 --> 0:06:05.960 ass labor for us to say with dollar versus America 0:06:06.000 --> 0:06:10.799 itself bringing industry back here so people can have jobs. 0:06:11.120 --> 0:06:14.440 What's the flawing that? Well? First, why am I a 0:06:14.440 --> 0:06:16.800 fan of that? Like? No, now you you know you 0:06:16.880 --> 0:06:20.359 know me? And what's the flawing it that? Let's say, like, 0:06:20.760 --> 0:06:23.159 what's a fair flawing and that a Democrat would come back? 0:06:23.920 --> 0:06:27.160 Yeah, And just just to be fair, just to preface it, 0:06:28.200 --> 0:06:32.680 you're a rhino Republicans, you're George Bush Republicans, big government Republicans, 0:06:33.480 --> 0:06:38.760 and your Democrats are are in favor of the globalization model. 0:06:41.160 --> 0:06:44.120 I don't like either of those groups. I'm of the 0:06:44.200 --> 0:06:51.520 conservative libertarian I hate Democrats and big government, restriction and 0:06:51.560 --> 0:06:54.080 all that kind of stuff and any and Liz Cheney 0:06:54.120 --> 0:06:56.560 and her dad and all the like like anybody who 0:06:56.600 --> 0:06:58.920 does that. There's a lot of wolves and sheeps clothing 0:06:58.920 --> 0:07:00.680 in the Republican Party that can I'll go over there 0:07:00.720 --> 0:07:06.120 and get theft over to But it comes down to, 0:07:06.880 --> 0:07:09.680 like there's an inflationary component in that. If you go 0:07:09.840 --> 0:07:12.000 full throttle on that to some degree, you're going to 0:07:12.080 --> 0:07:15.640 raise the price of everything for everybody. Yeah, So that's 0:07:15.680 --> 0:07:20.640 the pushback. Trump's goal to try to find a sweet 0:07:20.680 --> 0:07:24.480 spot where you can be because the initial pushback, the 0:07:25.560 --> 0:07:29.320 knee jerchological pushback, is well, you put a terrify on 0:07:29.480 --> 0:07:33.440 China for shoes, They're just going to raise the price 0:07:33.480 --> 0:07:35.400 and pass it on to the consumer. So it comes 0:07:35.400 --> 0:07:38.880 off like a sales tax and in effect to the 0:07:38.960 --> 0:07:42.120 United States buyer because the buyer pays the bill. 0:07:43.000 --> 0:07:50.360 But do you not think though that if people had money, 0:07:50.480 --> 0:07:56.520 they could spend money. Yeah, Like like like if you 0:07:56.640 --> 0:07:59.880 lower the value of everything, right, Okay, first, then so 0:08:00.200 --> 0:08:04.360 my initial issue is there's a morality issue there for me, right, 0:08:04.360 --> 0:08:08.440 whereas like, I know some other place is taking advantage 0:08:08.480 --> 0:08:10.840 of people, right, that's how their government is set up. 0:08:10.880 --> 0:08:13.800 So I don't get how people could really consider themselves 0:08:13.880 --> 0:08:18.840 righteous people and still support the globalization model when you 0:08:18.960 --> 0:08:22.840 know other countries are under paying people and not paying 0:08:22.920 --> 0:08:25.400 fair wages. It's the same. 0:08:27.080 --> 0:08:33.240 What if it's the same stupid logic. If I don't 0:08:33.280 --> 0:08:35.280 have to look at it, it doesn't exist. That you 0:08:35.360 --> 0:08:39.000 see in like with the a lot of the energy 0:08:39.040 --> 0:08:42.199 fanatics that actually run government, not to like hold a 0:08:42.320 --> 0:08:45.640 sign eat grid, all of you know, hippie wirdos who 0:08:45.880 --> 0:08:47.640 I don't want to drill in the I don't want 0:08:47.640 --> 0:08:50.200 to drill in the United States, even though US drilling 0:08:50.640 --> 0:08:55.040 is cleaner and more efficient, more responsible than Venezuelan, Saudi 0:08:55.400 --> 0:08:57.880 or Russian drill. Like we don't buy Russian oil, but 0:08:57.920 --> 0:09:01.160 they put it into the marketplace that brings prices down. 0:09:01.480 --> 0:09:05.800 So like those other countries, we would rather buy from 0:09:05.880 --> 0:09:10.160 them while they pollute more and have all these other 0:09:10.240 --> 0:09:13.960 negative impacts about it again, labor, hum rights, all those 0:09:14.000 --> 0:09:17.640 various things. Then have to actually live with the fact 0:09:17.679 --> 0:09:21.000 that somewhere near us we might ourselves be drilling in 0:09:21.040 --> 0:09:23.840 a better and more responsible way. It's the same thing 0:09:23.880 --> 0:09:28.000 with that. You know, hey, I don't want to pay 0:09:29.120 --> 0:09:33.960 an extra dollar for an orange, But if they want 0:09:34.000 --> 0:09:38.000 to have to drill, the windows shut in their buildings 0:09:38.040 --> 0:09:40.360 so that the people can't jump out the window because 0:09:40.360 --> 0:09:43.000 they want to kill themselves. So be it long. If 0:09:43.040 --> 0:09:44.800 I don't have to look at it, I can hide 0:09:44.800 --> 0:09:47.839 it from the voter at large, the American people at large, whatever, 0:09:47.880 --> 0:09:51.920 and blame it on ABCDEFG. 0:09:53.360 --> 0:10:01.199 No sinners. Gl got my brother Peter Waman gonna peel 0:10:01.200 --> 0:10:04.000 back some things, man, peel back some things, some thoughts, 0:10:04.200 --> 0:10:09.800 and now we do this. It's like when people complain 0:10:09.880 --> 0:10:16.480 about Walmart. To me, like Walmart charges less right because 0:10:16.600 --> 0:10:20.480 they obviously right. One of the things they can't have 0:10:20.960 --> 0:10:25.520 is great customer service and a lot of help. So 0:10:25.760 --> 0:10:29.120 I know when I go to Walmart, even when I'm frustrated, 0:10:29.679 --> 0:10:32.760 I know why it's taking an hour for people to 0:10:32.800 --> 0:10:39.280 come open up the lock cabinets because if they overstaffed it, right, 0:10:39.360 --> 0:10:43.280 the business model doesn't work sure, right, So I feel 0:10:43.320 --> 0:10:50.520 like America itself is becoming Walmart. Yeah and yeah. 0:10:50.520 --> 0:10:53.880 And on the back end Walmart, boy's a bunch of 0:10:53.920 --> 0:10:57.960 small businesses that are their suppliers by virtue of the 0:10:58.000 --> 0:11:00.000 fact that you get a contract of Walmart, We're gonna 0:11:00.080 --> 0:11:03.400 give you one percent profit, but you're gonna scale up 0:11:03.440 --> 0:11:07.199 and escalate the amount of production that you do fiftyfold 0:11:07.240 --> 0:11:09.680 from you would otherwise. So you might make ten percent 0:11:09.760 --> 0:11:12.839 more money, you're gonna produce fifty times more shit at 0:11:12.840 --> 0:11:14.880 a ribbon than you know. 0:11:14.960 --> 0:11:20.280 Margin, And I think, to me, that's that's the globalization 0:11:20.880 --> 0:11:26.040 that we're talking about. Like Walmart, America used to be targeted. 0:11:26.679 --> 0:11:28.280 And I don't want to say it used to be 0:11:28.480 --> 0:11:31.280 like two hundred thousand years ago. I'm talking about within 0:11:31.320 --> 0:11:34.720 one hundred years ago, America was targeted. Yeah, it was 0:11:34.760 --> 0:11:37.760 a quality experience where you went and bought things. People 0:11:37.840 --> 0:11:40.760 made decent money. Yes, you paid for things, but you 0:11:40.920 --> 0:11:43.080 had the money to pay for them. But things were 0:11:43.080 --> 0:11:47.200 affordable because you actually had to get out and make 0:11:47.240 --> 0:11:50.000 it happen, you know what I mean, and become a 0:11:50.040 --> 0:11:54.280 productive member in that society that people believe in. So 0:11:54.400 --> 0:11:56.760 you would go buy the car. It would like it 0:11:56.800 --> 0:11:59.520 was an economy that supported itself. So it was like 0:11:59.640 --> 0:12:03.160 target where you could go there. You had a great 0:12:03.200 --> 0:12:07.679 experience being there, obviously you know, minus human beings in 0:12:07.720 --> 0:12:11.080 that condition of being black blah. But just the business 0:12:11.080 --> 0:12:15.240 model versus now where we're moving into a space of 0:12:16.400 --> 0:12:19.640 it's all Walmart, Like we're proud that things are cheap, 0:12:19.840 --> 0:12:22.120 but if you think about it, they have to be 0:12:22.240 --> 0:12:24.400 cheap because don't nobody got no damn money. 0:12:25.280 --> 0:12:31.040 Yeah, I mean I don't disagree with that. There's the 0:12:31.080 --> 0:12:34.200 way everything's on the spectrum. People like to simplify things 0:12:34.240 --> 0:12:37.320 into a black and white binary that's rarely the truth 0:12:37.480 --> 0:12:43.760 and the complex models at all. And you kind of 0:12:43.760 --> 0:12:48.720 see parallel tracks between all that we're talking about and 0:12:48.760 --> 0:12:52.960 the amount of government intervention that happens. And a good example, 0:12:53.240 --> 0:12:56.360 I saw something online about how by twenty thirty, I 0:12:56.360 --> 0:12:59.240 want to say, now, like in the nuclear energy world, 0:12:59.280 --> 0:13:01.920 they're trying to do like Italy's big into this, like 0:13:02.080 --> 0:13:05.720 smaller sized nuclear reactors opposed to like the gigantic nuclear 0:13:05.720 --> 0:13:10.040 power plants that you know you think of. So Google 0:13:10.080 --> 0:13:15.640 wants to have like twelve of its own personal nuclear 0:13:15.679 --> 0:13:19.920 reactors many nuclear power plants to run its giant centralized 0:13:20.360 --> 0:13:25.800 AI apparatus. Bear in mind, Google already bought a government 0:13:26.200 --> 0:13:29.439 hydroelectric dam in the DALs in Oregon to run their 0:13:29.480 --> 0:13:33.960 stupid data center already. So what this means to me, 0:13:34.320 --> 0:13:38.240 it's kind of an illustration of you cozy up to 0:13:38.720 --> 0:13:41.240 a government that's getting bigger and bigger and bigger so 0:13:41.280 --> 0:13:43.559 that you can get the car at the exemption to 0:13:43.600 --> 0:13:46.319 be the only person that does business. Well, everybody else 0:13:46.320 --> 0:13:49.160 would like to do the same thing but can't, So 0:13:49.200 --> 0:13:52.679 there's no competition. There's no democratization of not only wages, 0:13:52.720 --> 0:13:59.480 but also of information and like just competitive ideas. So yeah, 0:13:59.720 --> 0:14:04.719 and that's largely why you see the US cascading downward 0:14:04.880 --> 0:14:07.480 against other countries and like economic freedom and dex scores 0:14:07.480 --> 0:14:08.360 and other things like that. 0:14:10.400 --> 0:14:13.200 So shout out to the homie dron or d Royn 0:14:13.320 --> 0:14:16.040 ross on Ig. He asked me a really great question. 0:14:18.559 --> 0:14:21.440 I have a question, do you think the image of 0:14:21.480 --> 0:14:25.400 the American dream has changed or died, or at least 0:14:25.440 --> 0:14:29.920 a vision of the dream has changed? And I thought 0:14:29.960 --> 0:14:35.440 that was like a really interesting question, and it made 0:14:35.480 --> 0:14:38.920 me look up the American dream and there were two 0:14:38.960 --> 0:14:42.480 different kinds of concepts, right. I think we have the 0:14:42.600 --> 0:14:45.040 picture of the American dream, right, which is the house 0:14:45.080 --> 0:14:46.680 with the white pick of fence, two and a half 0:14:46.760 --> 0:14:49.000 kids and all these two kids and a dog, old 0:14:49.040 --> 0:14:51.920 lady and all of that. Yeah, so it's fair to say, yeah, 0:14:51.920 --> 0:14:52.640 that's die. 0:14:53.160 --> 0:14:54.920 Well, now you can have two and a half kids, 0:14:54.960 --> 0:14:56.800 because they're going to pump your children with so many 0:14:56.880 --> 0:14:58.760 vaccinations that one of them is going to be half, 0:14:58.840 --> 0:15:02.440 you know, by the time, so that's on schedule. 0:15:03.720 --> 0:15:06.160 And then it says I looked it up, and it 0:15:06.160 --> 0:15:08.960 says the American dream loosely is that every person has 0:15:08.960 --> 0:15:13.760 the freedom and opportunity to succeed and attain a better life, 0:15:14.160 --> 0:15:16.720 or it says the tenants of the American Dream, or 0:15:16.760 --> 0:15:19.560 also it says the tenants of the American Dream originate 0:15:19.600 --> 0:15:24.240 from the Declaration of Independent Independence, which states that all 0:15:24.280 --> 0:15:30.680 men are created equal in having inalienable, inalienable right to life, liberty, 0:15:30.680 --> 0:15:36.800 and the pursuit of happiness. So it's a lot of 0:15:36.840 --> 0:15:42.120 things to break down in that thought. I don't think 0:15:42.160 --> 0:15:50.200 the American dream isn't encouraged anymore or promoted anymore. I 0:15:50.240 --> 0:15:57.800 think the so no, I think the American dream has died. 0:16:04.880 --> 0:16:08.640 If you really think about what you know, when we 0:16:08.640 --> 0:16:14.160 were growing up, how you saw life right, family based function, structure. 0:16:14.840 --> 0:16:21.360 I don't think that's really the dream anymore. I just 0:16:21.440 --> 0:16:23.800 don't think that's the dream anymore for people. I think 0:16:23.840 --> 0:16:27.160 people have different dreams, you know what I mean. I 0:16:27.200 --> 0:16:32.400 think America is encouraging different dreams, and it's getting worse 0:16:33.320 --> 0:16:37.840 and worse and worse and worse and worse. 0:16:39.760 --> 0:16:42.120 No, I agree with that, like I think that there's 0:16:42.160 --> 0:16:45.680 two things happening like simultaneously. I think that what you're 0:16:45.720 --> 0:16:50.040 saying is happening. I don't think that like the nuts 0:16:50.040 --> 0:16:56.000 and bolts are not there. But people look back and 0:16:56.160 --> 0:16:58.800 think that all these things were easy and just happened 0:16:58.920 --> 0:17:05.240 like like like popcorn, you know, in the oven or 0:17:05.280 --> 0:17:08.560 wherever the hell like. It wasn't like the pioneer spirit 0:17:08.600 --> 0:17:10.480 and all that kind of stuff that was hard. Those 0:17:10.480 --> 0:17:15.840 were hard times. People now, I think, you know, their 0:17:15.880 --> 0:17:23.760 expectation is easy luxury rather than like stuff we talked about, 0:17:23.800 --> 0:17:27.240 like if it's not working where you are, you might 0:17:27.320 --> 0:17:29.840 have to go somewhere else. That's the whole basically, that's 0:17:30.160 --> 0:17:32.600 ninety five percent of the history of the country. It 0:17:32.640 --> 0:17:35.119 wasn't until like the last twenty thirty years that people 0:17:35.119 --> 0:17:38.000 were like and there's some pushback on it now the 0:17:38.080 --> 0:17:41.040 last ten. But there was almost an entire generation in 0:17:41.040 --> 0:17:44.280 the country's history where people didn't want to move, whereas 0:17:44.480 --> 0:17:47.720 before everybody was moving all the time to find the 0:17:47.760 --> 0:17:49.480 best place to do what they wanted to do, whether 0:17:49.520 --> 0:17:53.000 it was if you ask me, how the hell are 0:17:53.040 --> 0:17:56.439 people in Minnesota. Somewhere along the line there was a 0:17:56.440 --> 0:17:58.000 better opportunity for them to do what they wanted to 0:17:58.040 --> 0:18:00.399 do there than where they started. Don't know how you 0:18:00.440 --> 0:18:03.480 would end. I don't understand that at all. You could, So. 0:18:04.000 --> 0:18:09.000 You're really complaining more or less because America did simplify it, 0:18:09.600 --> 0:18:12.400 you know, when you got to the forties, fifties. Well 0:18:12.520 --> 0:18:15.840 war helped in the forties. So we're talking really manly 0:18:15.840 --> 0:18:20.640 about the fifties and sixties where where industry had hit 0:18:20.760 --> 0:18:25.160 a really smooth peak. Right, Detroit is the perfect example 0:18:25.160 --> 0:18:29.320 of America's old model. Trump does bring up Michigan a 0:18:29.320 --> 0:18:32.800 lot when I listened to him. Detroit was the old 0:18:32.840 --> 0:18:40.040 model of America's business and the proof that America's old 0:18:40.160 --> 0:18:42.960 business or the way they wanted to do business back 0:18:42.960 --> 0:18:45.840 when you could graduate high school, get a trade, you 0:18:45.840 --> 0:18:47.760 know what I mean, or go work down at the factory. 0:18:47.840 --> 0:18:50.240 You had to learn some skill sets, and you were 0:18:50.280 --> 0:18:54.439 able to sacrifice whatever brightness you thought was possible for 0:18:54.480 --> 0:18:56.879 your future, you know, to become a billionaire, whatever you 0:18:56.960 --> 0:18:58.840 thought was cool, because I don't even think people even 0:18:58.880 --> 0:19:01.760 thought like that back then. But you were able to 0:19:01.760 --> 0:19:04.320 put your family. He was able to buy your family 0:19:04.359 --> 0:19:07.879 a house, right, take care of your old lady, you 0:19:07.920 --> 0:19:10.000 know what I mean, put your kids through school, and 0:19:10.040 --> 0:19:13.119 then your kids can go out and try and conquer 0:19:13.160 --> 0:19:16.639 the world. But you sacrifice, you know, or if you 0:19:16.720 --> 0:19:19.000 had those things going on in your mind, you sacrifice 0:19:19.000 --> 0:19:22.680 certain things for them to be Okay, that doesn't exist anymore, 0:19:23.200 --> 0:19:28.040 that traditional existence that the Midwest was founded on, right, 0:19:28.119 --> 0:19:31.480 Pittsburgh with steel mills, Detroit, all of these places where 0:19:31.680 --> 0:19:34.600 you can go get a job at a some level 0:19:34.640 --> 0:19:38.760 of trade, right and be able to buy a house, right, 0:19:38.880 --> 0:19:41.680 and then put your kid through school to give them 0:19:41.720 --> 0:19:44.560 an even better opportunity based off your sacrifice. 0:19:44.880 --> 0:19:48.400 Well, you know, me being from Cleveland, See, I remember 0:19:48.440 --> 0:19:51.840 my homeboy Bam, that was just all here his day 0:19:51.960 --> 0:19:55.720 of My dad both worked downtown at the steel plant, 0:19:56.040 --> 0:19:58.840 and they both had good jobs. Like back in the day. Dog. 0:19:58.880 --> 0:20:00.960 I used to be amazed as Pops was making twenty 0:20:00.960 --> 0:20:03.679 five step ups, making twenty five bucks an hour, and 0:20:03.760 --> 0:20:05.600 that was a big deal back then. So he used 0:20:05.600 --> 0:20:08.680 to bring a thousand dollars check home, you know, every 0:20:08.720 --> 0:20:10.480 you know, every week they worked a gang over time. 0:20:10.520 --> 0:20:13.080 So he bringing a thousand check on that was what 0:20:13.119 --> 0:20:15.119 I wanted to do because I thought that that was 0:20:15.160 --> 0:20:16.879 what I saw now, So that is the means to 0:20:16.920 --> 0:20:19.960 the success because I remember when we went from living 0:20:19.960 --> 0:20:22.000 in an apartment to where we bought our first house. Right, 0:20:22.040 --> 0:20:25.440 we bought a house, had a backyard, pops working down there, 0:20:25.840 --> 0:20:28.560 and I saw when crack hit and those industries started 0:20:28.560 --> 0:20:32.560 shutting down that like my pops and mister Ladd, my 0:20:32.600 --> 0:20:35.880 boy band's probably the last people working in the plant. 0:20:36.200 --> 0:20:38.159 They went from having this big building to where it 0:20:38.200 --> 0:20:40.480 was just barely there and they was barely getting hours. 0:20:40.800 --> 0:20:43.240 So my dad always was a dude that was always 0:20:43.280 --> 0:20:45.160 fixing people's cars. Like you come over to my house, 0:20:45.200 --> 0:20:47.520 it'd be twenty raggedy cars in the backyard because he's 0:20:47.520 --> 0:20:50.240 fixing this person's breaks, doing a tune up on this 0:20:50.320 --> 0:20:52.679 other person's car. So he had other ways to make money, 0:20:52.920 --> 0:20:56.240 so he took his hustle full time, mister Ladd paying houses. 0:20:56.560 --> 0:20:59.240 Now all my other homeboys whose pops worked down there, 0:20:59.600 --> 0:21:03.280 most people were still depressed. They started smoking. So I 0:21:03.320 --> 0:21:06.080 saw the whole cities, I saw the whole dynamic of 0:21:06.119 --> 0:21:09.560 the neighborhood changed just because those jobs weren't They're no 0:21:09.640 --> 0:21:10.280 more man. 0:21:10.560 --> 0:21:13.840 And anybody listening to those seilings. Right, that's big bro 0:21:13.920 --> 0:21:16.280 Stell he popped on. We was waiting on it, but 0:21:16.359 --> 0:21:18.439 this was burning a hole in my mind, so I 0:21:18.480 --> 0:21:22.160 had to get going. He's not saying the crack era 0:21:22.560 --> 0:21:25.679 ended the industry era that we're talking about. He's saying 0:21:26.280 --> 0:21:30.160 it became a way to medicate past not having an opportunity. 0:21:30.560 --> 0:21:34.040 And to me, Pete, that is the American dream that 0:21:34.320 --> 0:21:39.320 I remember sure people talking about that that regular man 0:21:39.520 --> 0:21:44.440 could go down, get a trade, work down at the factory, 0:21:45.000 --> 0:21:48.440 right and at minimum be able to buy his house. 0:21:48.480 --> 0:21:52.040 So when he passed away, his child started with property, 0:21:52.680 --> 0:21:56.080 some level of in advancement. He could finance his kid 0:21:56.160 --> 0:21:59.680 through school, He could buy a simple house, take care 0:21:59.680 --> 0:22:01.800 of his family, you know what I mean. That to 0:22:01.880 --> 0:22:05.240 me is the American dream that I would think of 0:22:05.280 --> 0:22:06.760 when we see the American dream. 0:22:07.920 --> 0:22:13.440 And I think, again, there's both sides of that coin 0:22:13.520 --> 0:22:15.560 in the sense that that era and you could look 0:22:15.560 --> 0:22:17.320 at it in the Bay Area and in Los Angeles 0:22:17.359 --> 0:22:19.840 as well as the rust belt in the Midwest, there 0:22:19.840 --> 0:22:21.600 was an enormous amount of people, like I mean, the 0:22:21.680 --> 0:22:24.800 nineteen fifties was like you know, kind of loosely defined, 0:22:24.840 --> 0:22:27.040 so to speaking like like the Great Migration era, a 0:22:27.080 --> 0:22:29.640 bunch of people out of the South moved to where 0:22:29.640 --> 0:22:32.840 there was a lot of development, better houses, better jobs, 0:22:32.840 --> 0:22:37.040 et cetera. Those kind of things aren't perpetual and static 0:22:37.160 --> 0:22:41.000 like that. So if you were to take like geography 0:22:42.359 --> 0:22:43.760 off the table and just like kind of put it 0:22:43.800 --> 0:22:46.240 in a vacuum, like and let's say, like people like 0:22:46.400 --> 0:22:50.280 coastal California more than they like Texas in the summertime. 0:22:50.320 --> 0:22:53.679 You know what I mean? You you would say, okay, well, 0:22:54.040 --> 0:22:56.000 if you were go look at like old houses and 0:22:57.520 --> 0:23:00.879 Compton or San Pedro or whatever else, and compare a 0:23:00.880 --> 0:23:03.639 house built in nineteen thirty five or fifty five in 0:23:03.640 --> 0:23:06.679 that area versus a house it's built in two thousand 0:23:06.720 --> 0:23:10.280 and five in like Duncanville, Texas or something. So just 0:23:10.280 --> 0:23:13.919 just some you know, working class suburb of Dallas. The 0:23:13.960 --> 0:23:17.359 newer place is better, and there's the economy growing there. 0:23:17.440 --> 0:23:19.719 It's not quite so much growing in Los Angeles. So 0:23:19.760 --> 0:23:24.400 it's like those that opportunity and that reality was made 0:23:24.440 --> 0:23:29.200 possible by somebody from Memphis or Alabama or Mississippi going 0:23:29.280 --> 0:23:31.359 there's a lot going on up there. I'm picking my 0:23:31.400 --> 0:23:33.560 people up we're going over there, We're gonna take advantage 0:23:33.560 --> 0:23:34.000 of it. 0:23:34.200 --> 0:23:34.680 And. 0:23:37.480 --> 0:23:40.480 It doesn't end there forever? 0:23:40.880 --> 0:23:41.240 Do you? Like? 0:23:41.400 --> 0:23:43.680 You know what I'm saying. Like the next person might 0:23:43.720 --> 0:23:44.760 have to do the same. 0:23:45.680 --> 0:23:49.320 But I'm saying, does it not end there? Because we 0:23:49.800 --> 0:23:53.000 the American dream is not anymore the American dream, and 0:23:53.040 --> 0:23:57.240 it becomes the world dream, the global dream, the personal dream. 0:23:57.640 --> 0:24:04.360 Like when I listen to at a really dope conversation 0:24:05.400 --> 0:24:11.159 with Hershey, the guy that started a chocolate company. Sure, like, 0:24:11.280 --> 0:24:17.199 to me, wealth has changed. Wealth used to be not 0:24:17.400 --> 0:24:21.480 just financially but also in relationships. Like you did right 0:24:21.560 --> 0:24:24.760 by people? To me, that was true wealth. Sure you 0:24:24.800 --> 0:24:28.040 did right by society. You know, I mean you you 0:24:28.040 --> 0:24:32.840 you created something that that obviously was inspired by a 0:24:32.920 --> 0:24:35.800