WEBVTT - Bishop T.D. Jakes on Dual Crises

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<v Speaker 1>This is Bloomberg Business Week with Carol Masser and Jason

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<v Speaker 1>Kelly on Bloomberg Radio. We are so lucky and fortunate

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<v Speaker 1>that we are able to spend some time with our

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<v Speaker 1>next guest. He's back with us. Bishop T. D. Jake's

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<v Speaker 1>chairman of the T. D. Jake's Foundation. He's the pastor

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<v Speaker 1>of the Potter's House. That's a nondenominational American church down

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<v Speaker 1>in Dallas. He's an author, he's an entrepreneur, he's an educator.

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<v Speaker 1>He was nice enough to spend some time with us

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<v Speaker 1>earlier this year. Back then we were talking about education.

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<v Speaker 1>Bishop Jake's. I don't think any of us could have

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<v Speaker 1>anticipated what would happen between us seeing you then and

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<v Speaker 1>talking to you now. First of all, how are you?

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<v Speaker 1>How are you doing him? At all? This I'm doing

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<v Speaker 1>real of course, Lilliam. They're eating a storm down here

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<v Speaker 1>in Texas. But yeah, that's probably been doing pretty well.

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<v Speaker 1>And thanks for having me back when I'm really honored. Well,

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<v Speaker 1>tell us about that a little bit if you, if

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<v Speaker 1>you don't mind. We've been, you know, talking to so

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<v Speaker 1>many guests around the world, around the country, though in

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<v Speaker 1>particular about what they're seeing, especially when it comes to

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<v Speaker 1>the virus. Tell us about the impact that's having on

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<v Speaker 1>the communities that you're so familiar with. Well, I can

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<v Speaker 1>put it this way. In the last two and a

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<v Speaker 1>half weeks, I haven't had a day go by that

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<v Speaker 1>I haven't gotten called it somebody done. Uh So, being

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<v Speaker 1>a pastor, you can get a front row seed at

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<v Speaker 1>at the at the final services. And uh so it

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<v Speaker 1>is disastrous right now. The numbers are really high. The

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<v Speaker 1>death rates are escalating again, lack of brown communities are

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<v Speaker 1>disproportionately hit and so that trauma from that hits very strongly.

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<v Speaker 1>Are my clergy because there are people that we know

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<v Speaker 1>or related to people that we know, And I literally

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<v Speaker 1>haven't had a day go by that I haven't gotten

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<v Speaker 1>a phone call like that. And so I don't I mean,

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<v Speaker 1>this is a tough question to answer, I know, but

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<v Speaker 1>what do you say to people that, Bishop James, I mean,

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<v Speaker 1>you're having these conversations every day. Is what is your

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<v Speaker 1>message to to them, especially given exactly what you said

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<v Speaker 1>that disproportionality here, that this is affecting uh you know,

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<v Speaker 1>black and brown people at a much much higher rate

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<v Speaker 1>that that is just inarguable at this moment. I think

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<v Speaker 1>that we cannot rely on our elected officials to make

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<v Speaker 1>the determinations for our health and well being. Given that

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<v Speaker 1>we're disproportionately affecting, we have to be disproportionately careful. And

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<v Speaker 1>I've been telling people just too distance the sales, uh

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<v Speaker 1>to use common sense to avoid close gatherings and celebrations.

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<v Speaker 1>We have a tendency to think that if we know

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<v Speaker 1>people well, they ought to be safe to be around.

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<v Speaker 1>But that's not true right now, and it's a new normal,

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<v Speaker 1>and it's requiring a discipline that we're not used to,

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<v Speaker 1>but it's necessary in order to keep a well being up.

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<v Speaker 1>And then I've had several people that have contracted and recovered,

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<v Speaker 1>so you know, on the good side of it, we

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<v Speaker 1>are seeing some recoveries and some success stories. But I

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<v Speaker 1>think it is a great deal of apprehension and faces

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<v Speaker 1>right now as it relates to the blondness of the

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<v Speaker 1>follow of this particular pandemic. I do wonder too, how

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<v Speaker 1>you see it Bishop Jake's, especially since you know Jason

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<v Speaker 1>and I talk. You know, we're in eighteen nineteen weeks

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<v Speaker 1>of lockdown. Essentially for the most part, we have been

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<v Speaker 1>at home almost exclusively. Um as our offices have yet

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<v Speaker 1>to really reopen here in New York City. Uh, it's

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<v Speaker 1>a slow move back. But I do wonder are you

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<v Speaker 1>a little angry that you know, if there was a

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<v Speaker 1>lot that we've learned through what happened with the virus

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<v Speaker 1>on the East Coast that we could not or should

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<v Speaker 1>should have been smarter as a nation, especially when we know,

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<v Speaker 1>as you said, those communities that are disproportionately affected. You

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<v Speaker 1>know that we could have been smarter in slowing the impact,

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<v Speaker 1>reducing the impact that we're now seeing play out in

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<v Speaker 1>Texas and other areas, certainly there in the South and

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<v Speaker 1>out in the West. I have survived a lot of

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<v Speaker 1>capacitih exablems to involve with Katrina and and a lot

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<v Speaker 1>of things. It's hard in real time speed to to

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<v Speaker 1>really aim at and who their fault and where the

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<v Speaker 1>place anger? Yes, I'm a little angry. So exactly where

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<v Speaker 1>all the place of anger? I think is another issue.

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<v Speaker 1>We would have loved have had stronger national leadership on

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<v Speaker 1>this issue, and even on the statewide level. I think

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<v Speaker 1>we could have opened up a lot slower than we did.

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<v Speaker 1>But but I couldn't control that. And so in a

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<v Speaker 1>situation where we can't control the outcomes of the political

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<v Speaker 1>terrain that we're tracing right now. We have to leave

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<v Speaker 1>the CEO of us and make the kinds of the

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<v Speaker 1>seasons that are strong and wise for yourself, even as

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<v Speaker 1>it relates to children going back to school, You your

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<v Speaker 1>parents are gonna have to step in and make final

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<v Speaker 1>decisions because right now there's so many mixed messages nobody

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<v Speaker 1>knows exactly what to do. So Bishop Jake's I'm so

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<v Speaker 1>glad we're getting to talk to you, and and it's overdue,

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<v Speaker 1>in part because you were one of the first folks

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<v Speaker 1>I thought of, you know, as we started to go

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<v Speaker 1>through these last couple of months, and when we saw

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<v Speaker 1>what happened in Minneapolis and and we saw what that

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<v Speaker 1>triggered nationally, you were one of the voices that that

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<v Speaker 1>I want to hear from around all this because I

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<v Speaker 1>want to understand how you view what has happened since

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<v Speaker 1>the killing of George Floyd, the reaction within your community

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<v Speaker 1>and also the reaction in the broader community across America.

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<v Speaker 1>You talked to so many people, you know, both in

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<v Speaker 1>your congregation, but also national leaders, corporate leaders as well,

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<v Speaker 1>and I wonder what you make of this time we're

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<v Speaker 1>living in. Uh. It's like reliving a nightmare from the sixties,

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<v Speaker 1>being my all the sixties that NFL this too, and

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<v Speaker 1>so you know, it's it's the movie I don't want

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<v Speaker 1>to see again. But it's happening in real town and speed.

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<v Speaker 1>The good side of it is more and more people

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<v Speaker 1>of that are not of color r king up this issue,

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<v Speaker 1>and that's a very hardening, encouraging thing to see. UH.

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<v Speaker 1>There has been some progress made, I call them cosmetic

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<v Speaker 1>changes in terms of statues being removed. I'm not talking

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<v Speaker 1>about violently so, but legally so. And I'm also hardened

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<v Speaker 1>by the pag that there have been UH CEO that

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<v Speaker 1>incorporations who have worked hard to correct some of the

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<v Speaker 1>situations that existed, UH as it relates to the Confederate

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<v Speaker 1>flag and and and and ge Baba served and things

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<v Speaker 1>like that. But those are all cosmetic changes. Are nice,

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<v Speaker 1>they're important, but they're cosmetic changes. The cancer that we

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<v Speaker 1>still have still exist. UH. And I think that we

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<v Speaker 1>have to work very hard, UH to to witholve some

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<v Speaker 1>of the issues in the criminal justice system. We have

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<v Speaker 1>to work very hard to get a national database set

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<v Speaker 1>up for police officers who have had problem problems and

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<v Speaker 1>other precincts, so that we don't make the mistake of

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<v Speaker 1>the Catholic Church and moved them from precincted re see

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<v Speaker 1>like they moved them from Paris to Paris. If we

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<v Speaker 1>listen in history, we would learn quickly that we have

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<v Speaker 1>to do things differently than what we've done before. Uh,

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<v Speaker 1>and I think that there's a lot to be done

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<v Speaker 1>in terms of the way the laws are as it

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<v Speaker 1>relates to immunity right now for police officers, and how

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<v Speaker 1>we correct that sort of thing that's a deeper cancer

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<v Speaker 1>issue that needs to be corrected. We have to look

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<v Speaker 1>at our communities as well, at job opportunities and training

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<v Speaker 1>and retraining people to create opportunities. Well, that is something

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<v Speaker 1>Jason and I've had a lot of conversations around Bishop

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<v Speaker 1>Jake's about that ultimately, these inequalities they start really early

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<v Speaker 1>on for individuals. It's a poverty issue, you know, and

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<v Speaker 1>that we've got to figure out how to change that

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<v Speaker 1>in our system so that everyone truly has the same

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<v Speaker 1>access to opportunity. And that means you know, from the

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<v Speaker 1>minute you're born, and so how do we how do

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<v Speaker 1>we really change that? We keep talking en up better education. Well,

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<v Speaker 1>we've spent a lot of money on education, yet here

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<v Speaker 1>we are, so how do we really tackle that that

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<v Speaker 1>problem that starts from in many cases, from the minute

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<v Speaker 1>somebody is born, and it depends on where you're born,

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<v Speaker 1>in the color of your skin. We we've spent a

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<v Speaker 1>lot of money on education, and we've made some in

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<v Speaker 1>rows in terms of education, but we've got people that

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<v Speaker 1>are educated flipping Hamburgers right now. We've got to create

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<v Speaker 1>opportunities and we've got to hold our corporations accountable to

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<v Speaker 1>UH diversity and inclusion on every level, not just entry

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<v Speaker 1>level positions. We need people in high ranking positions that

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<v Speaker 1>are as diverse of our country is. We need that

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<v Speaker 1>in our government. We need that everywhere so that when

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<v Speaker 1>we sit down at the table to make decisions and

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<v Speaker 1>the people who are making decisions look like the people

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<v Speaker 1>who are going to have to live with those decisions.

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<v Speaker 1>And that's just a wide way of leadership and government

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<v Speaker 1>and going forward. I think we also have to look

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<v Speaker 1>at how our studies are constructed, because they were not

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<v Speaker 1>constructed in a way to provide commerce into UH. Certain

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<v Speaker 1>areas and certain sectors are designed in such a way

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<v Speaker 1>the highway is constructed in such a way that business

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<v Speaker 1>does it creates down into those that it's been proven statistically,

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<v Speaker 1>the low income housing group together does not work, and

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<v Speaker 1>yet we continue down that path rather than mixed income housing.

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<v Speaker 1>And I think some of it is an economic issues.

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<v Speaker 1>Some of it is an education issue. But you can

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<v Speaker 1>be educated and you can be wealthy, and you can

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<v Speaker 1>still be shot down by uh police brutality. So it's

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<v Speaker 1>not all education and it's not all economics. It's it's

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<v Speaker 1>really a total reform of our system. And I think

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<v Speaker 1>it's starting to happen. Uh, it just needs to continue

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<v Speaker 1>to happen. And I'm worried that the conversation gets sade

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<v Speaker 1>tracked by the vigilantes who take the message into their

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<v Speaker 1>own hands and misrepresent the heart of what we're trying

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<v Speaker 1>to do in our country. Well, and Bishop Jakes, I

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<v Speaker 1>do want to take you back a little bit to

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<v Speaker 1>some of those conversations you're having with corporate leaders, because

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<v Speaker 1>the vast, vast majority of them are clearly white guys,

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<v Speaker 1>and and that does seem to be, you know, part

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<v Speaker 1>of the issue that that you and others, and we've

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<v Speaker 1>had many people in the show talk about that, how

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<v Speaker 1>do we sort of affect change, whether it's in the

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<v Speaker 1>boardroom or at the top executive levels. Are you having

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<v Speaker 1>those conversations, What advice are you giving companies to start

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<v Speaker 1>to make that tangible change in leadership levels. They have

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<v Speaker 1>to be intentional about it. I mean, slavery was intentional,

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<v Speaker 1>Jim Crow was intentional. Inclusion has to be intentional. It

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<v Speaker 1>has to be intentional, it has to be comprehensive, and uh,

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<v Speaker 1>it's not just going to happen organically. We have to

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<v Speaker 1>be intentional and go out and recruit and recognize that

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<v Speaker 1>our companies do not reflect our country. And they have

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<v Speaker 1>to be very, very intentional about that. And I think

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<v Speaker 1>where they are having difficulties working together to find people,

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<v Speaker 1>they have to work with other organizations, churches in a

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<v Speaker 1>CP people who are on ground level zero, with black

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<v Speaker 1>and brown people who do have degrees and qualifications and

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<v Speaker 1>are finding it very difficult to climb the corporate ladder.

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<v Speaker 1>Those things, I think have to happen. But beyond that,

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<v Speaker 1>we have to have something for that blue collar workers

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<v Speaker 1>from the industrial as technology, we lost a lot of

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<v Speaker 1>middle middle income people in our communities and we have

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<v Speaker 1>not rehabilitated that. Let them be fix we need roads,

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<v Speaker 1>we need a new infrastructure in our city. There's so

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<v Speaker 1>many and all over the country, there are so many

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<v Speaker 1>blue collar jobs that need to be done that are

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<v Speaker 1>underfunded that we're not getting taken care of, that we

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<v Speaker 1>really could fix this problem without being intuitious. We have

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<v Speaker 1>legitimate needs that need to be taken care of that

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<v Speaker 1>would create upward mobility for all people who may not

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<v Speaker 1>be degreed but need to be gainfully employed. So where

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<v Speaker 1>would you start, Oh, gosh, I think everybody has to

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<v Speaker 1>start where they are. I think it has to be

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<v Speaker 1>a comprehensive effort. I slove my it is legislation. Some

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<v Speaker 1>of it here is CEO sitting down and talking outside

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<v Speaker 1>of their own circles. For a while, I have been saying,

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<v Speaker 1>and that's why I started our foundation, so that we

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<v Speaker 1>could have conversations and so that we could be a

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<v Speaker 1>conduit to connect corporations with qualified people, whether their entry

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<v Speaker 1>level people returning cittices, or whether they are upwards, upwardly

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<v Speaker 1>mobile into higher aelons and organizations. We have access to

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<v Speaker 1>all of those people out of the thirty million or

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<v Speaker 1>so people that interact with us on a day to

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<v Speaker 1>day basis. Between social media and television. We want to

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<v Speaker 1>be a bridge to help those things to come to pass.

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<v Speaker 1>That's why we just did our Steam program during the summer.

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<v Speaker 1>We had five thousand young people to sign up for

0:12:45.240 --> 0:12:49.440
<v Speaker 1>our Steam program and was wildly to successful. We're going

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<v Speaker 1>to be partnered with Microsoft and Texas Instruments to get

0:12:53.440 --> 0:12:55.920
<v Speaker 1>that done. We're going to go further with that program.

0:12:55.960 --> 0:13:00.000
<v Speaker 1>We're adding a dynamic for UH Police with the Ballas

0:13:00.080 --> 0:13:03.760
<v Speaker 1>Least Department to work with our Steam program. The Ballast

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<v Speaker 1>Ethnony Orchestra is working with us. If this is a

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<v Speaker 1>time for collaboration, where what I'm saying is we need

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<v Speaker 1>to collaborate UH with the multi pronged appoch that includes

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<v Speaker 1>faith leaders because faith leaders are the gateway to our community,

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<v Speaker 1>but they also need to include CEOs, elected officials and

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<v Speaker 1>community leaders. And I think if the four groups sit

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<v Speaker 1>down at the table, we can lift it up to

0:13:27.200 --> 0:13:31.160
<v Speaker 1>the level of plans lard. So, Bishop Jake's before we

0:13:31.280 --> 0:13:33.040
<v Speaker 1>let you go on out about a minute left, what

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<v Speaker 1>do we do as individuals just regular old people, you know,

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<v Speaker 1>just trying to do the right thing and be better

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<v Speaker 1>amid all this. I think we have to have the

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<v Speaker 1>courage to talk to people who are different than us

0:13:45.760 --> 0:13:47.840
<v Speaker 1>and who don't see the world the way we do.

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<v Speaker 1>And I think that's something that everybody can do. I

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<v Speaker 1>think we have to hold our elected officials accountable too,

0:13:53.559 --> 0:13:57.160
<v Speaker 1>that they have an agenda that includes underserved communities and

0:13:57.240 --> 0:13:59.760
<v Speaker 1>we have to make that a priority in this election.

0:13:59.800 --> 0:14:02.520
<v Speaker 1>In anybody who doesn't have a strong agenda and a

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<v Speaker 1>feasible plan in place that addresses this issue, we should

0:14:05.960 --> 0:14:09.240
<v Speaker 1>not consider them an eligible candidate. There are other issues

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<v Speaker 1>to the bits also has to be on the table

0:14:11.880 --> 0:14:15.040
<v Speaker 1>as well. But what we can start doing is not

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<v Speaker 1>allowing the news to tell us about each other, but

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<v Speaker 1>actually have conversations with people from different walks of life

0:14:21.560 --> 0:14:24.800
<v Speaker 1>and become involved on a one on one basis. Well,

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<v Speaker 1>we really appreciate you spending some time with us, a

0:14:27.120 --> 0:14:29.880
<v Speaker 1>real pleasure for us. Thank you so much. Bishop T. D. Jakes,

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<v Speaker 1>Chairman of the T. D. Jake's Foundation. Johnius on the

0:14:32.640 --> 0:14:35.200
<v Speaker 1>phone from Dallas always learned something from him.