1 00:00:03,040 --> 00:00:08,520 Speaker 1: It's that time, time, Time, Time, Luck and loud. 2 00:00:10,360 --> 00:00:16,520 Speaker 2: The Michael Verie Show is on the air, and now 3 00:00:16,680 --> 00:00:19,200 Speaker 2: a totally random weekend review from the past. 4 00:00:19,840 --> 00:00:21,040 Speaker 3: Take a guess when this was. 5 00:00:23,280 --> 00:00:26,040 Speaker 4: Please say a mother is accused of shooting our thirteen 6 00:00:26,160 --> 00:00:27,560 Speaker 4: year old son to be an argument. 7 00:00:27,600 --> 00:00:30,120 Speaker 3: According to Precinct Foy, they say around five point thirty 8 00:00:30,120 --> 00:00:32,320 Speaker 3: they got a call saying that the mom and the 9 00:00:32,400 --> 00:00:33,840 Speaker 3: son were fighting each other. 10 00:00:33,800 --> 00:00:36,760 Speaker 2: And let's a verbal disturbance and ultimately let her to 11 00:00:36,880 --> 00:00:39,200 Speaker 2: fire her handgun and striking the child. 12 00:00:39,240 --> 00:00:41,320 Speaker 3: I mean, I don't think the average mom wants to 13 00:00:41,360 --> 00:00:44,080 Speaker 3: shoot her thirteen year old son. And a thirteen year 14 00:00:44,120 --> 00:00:47,000 Speaker 3: old kid can drive a mother absolutely up the wall. 15 00:00:47,080 --> 00:00:49,559 Speaker 3: I know. I certainly did. My mom hit me with 16 00:00:49,640 --> 00:00:52,560 Speaker 3: a broom one time. I mean walat mean with a 17 00:00:52,640 --> 00:00:55,600 Speaker 3: broom and I had a bruise the next day. 18 00:00:56,080 --> 00:00:59,920 Speaker 4: Nicolobe Ultra has officially claimed the title of America's number 19 00:00:59,880 --> 00:01:01,400 Speaker 4: one beer, and. 20 00:01:01,360 --> 00:01:03,760 Speaker 2: I want to say thank you to all of our partners, 21 00:01:04,040 --> 00:01:05,560 Speaker 2: many who have joined us today. 22 00:01:06,080 --> 00:01:11,920 Speaker 3: Raising Caine, Mitchell Oo Ultra, Raising Cain, No s you 23 00:01:11,959 --> 00:01:16,480 Speaker 3: don't own it. He's Raising Cain and mitchello Oh Mitchell 24 00:01:16,880 --> 00:01:25,880 Speaker 3: Ultra Dark Counting the stars. The worst day of fishing 25 00:01:25,920 --> 00:01:27,399 Speaker 3: is better than the best day at work. And I'm 26 00:01:27,440 --> 00:01:29,480 Speaker 3: one of these people's like to cast more than I 27 00:01:29,520 --> 00:01:32,240 Speaker 3: like to catch fish. Why I can't white fish? I 28 00:01:32,360 --> 00:01:34,800 Speaker 3: like to throw it out there bringing in. That's why 29 00:01:34,840 --> 00:01:37,120 Speaker 3: I don't hire GUIDs anymore, because they'll go up. You 30 00:01:37,200 --> 00:01:39,640 Speaker 3: do a white cast, won't you let it sit there 31 00:01:39,720 --> 00:01:42,360 Speaker 3: for a minute? Oh no, I need some action, constant, 32 00:01:50,920 --> 00:01:56,800 Speaker 3: thank you, lazy, get him conning it up to night, 33 00:01:57,240 --> 00:01:58,760 Speaker 3: shining through the trees. 34 00:02:00,360 --> 00:02:06,600 Speaker 5: CRICKETSI singing in locturees by. 35 00:02:14,480 --> 00:02:14,799 Speaker 6: Ramona. 36 00:02:14,800 --> 00:02:17,360 Speaker 3: You're using the in word constantly, and I'm using it 37 00:02:17,400 --> 00:02:25,280 Speaker 3: even more often. It's the new inward. Ashani Mufuko by 38 00:02:25,320 --> 00:02:29,600 Speaker 3: a vowel Lady is a self described cultural competency coach 39 00:02:30,800 --> 00:02:34,200 Speaker 3: that's always cute. You get these people who run around 40 00:02:34,240 --> 00:02:36,560 Speaker 3: white people love to hire black people to tell them 41 00:02:36,560 --> 00:02:43,320 Speaker 3: how awful they are. She's a cultural competency coach, confident 42 00:02:43,440 --> 00:02:47,200 Speaker 3: communications strategist, and the host and producer of the Anti 43 00:02:47,360 --> 00:02:51,840 Speaker 3: Racism School Is in Session podcast. Well, she has a 44 00:02:51,919 --> 00:02:54,240 Speaker 3: list of words and phrases that are just as bad 45 00:02:54,320 --> 00:02:58,000 Speaker 3: as the in word, and I fear that I use 46 00:02:58,080 --> 00:03:01,560 Speaker 3: them all so as an anti hi racist. Apparently she's 47 00:03:01,800 --> 00:03:05,920 Speaker 3: anti Michael Barry. Here is her list, and ramon, we'll 48 00:03:06,040 --> 00:03:08,520 Speaker 3: just I'll just ask you to give a ding on 49 00:03:08,600 --> 00:03:10,160 Speaker 3: each one of them. If you think I use that 50 00:03:10,240 --> 00:03:12,480 Speaker 3: word often. Okay, these are the new in words you 51 00:03:12,520 --> 00:03:15,600 Speaker 3: awful people out there. She's telling you what words you 52 00:03:15,639 --> 00:03:17,760 Speaker 3: cannot use because they are the in word. 53 00:03:18,880 --> 00:03:21,360 Speaker 7: Ten ways you say the N word without saying the 54 00:03:21,480 --> 00:03:23,760 Speaker 7: N word. If you use any of these terms or 55 00:03:23,800 --> 00:03:26,160 Speaker 7: phrases in reference to black people, you are just as 56 00:03:26,240 --> 00:03:28,519 Speaker 7: racist as the person that actually. 57 00:03:28,200 --> 00:03:29,360 Speaker 3: Uses the N word. 58 00:03:29,760 --> 00:03:35,280 Speaker 7: Here are the words thug, ghetto, welfare queen, lazy, race, fader, 59 00:03:35,400 --> 00:03:38,920 Speaker 7: race s grifter, threatening, angry, dangerous, or you say that 60 00:03:38,960 --> 00:03:42,240 Speaker 7: we're playing the victim or we are a diversity higher. 61 00:03:42,480 --> 00:03:44,760 Speaker 3: What you actually mean to say is the N word. 62 00:03:45,280 --> 00:03:46,120 Speaker 3: Just stop it. 63 00:03:46,360 --> 00:03:48,600 Speaker 7: If you say these words are phrases, you are calling. 64 00:03:48,360 --> 00:03:49,120 Speaker 3: Us the N word. 65 00:03:49,400 --> 00:03:51,800 Speaker 7: If you say these ignorant racist terms or phrases around 66 00:03:51,840 --> 00:03:54,840 Speaker 7: your children, you're also teaching your children to be racist, 67 00:03:55,120 --> 00:03:55,640 Speaker 7: just like you. 68 00:03:56,160 --> 00:03:57,680 Speaker 3: So I have good news and bad news for you. 69 00:03:57,960 --> 00:03:59,000 Speaker 3: Here's the bad news. 70 00:03:59,200 --> 00:04:01,680 Speaker 7: You're not as non racist as you thought you were, 71 00:04:01,720 --> 00:04:03,840 Speaker 7: and you're certainly not anti racist. 72 00:04:04,200 --> 00:04:05,080 Speaker 3: Here's the good news. 73 00:04:05,480 --> 00:04:08,440 Speaker 7: You can unlearn all the racist crap you've been taught 74 00:04:08,560 --> 00:04:11,880 Speaker 7: and reject white supremacist ideologies that you've believed for. 75 00:04:11,880 --> 00:04:16,520 Speaker 3: Your entire life. But can I pay you for the 76 00:04:16,560 --> 00:04:20,760 Speaker 3: privilege a Shani? Will you lecture me? In the meantime? 77 00:04:22,600 --> 00:04:26,800 Speaker 3: I bet some people will put a put a ball 78 00:04:27,400 --> 00:04:34,480 Speaker 3: a ballgag and a leather skull cap and dog chain 79 00:04:34,839 --> 00:04:37,120 Speaker 3: and have a Shawnee lead them around and whip them 80 00:04:37,120 --> 00:04:39,840 Speaker 3: and tell them how awful they are and what racist 81 00:04:39,920 --> 00:04:42,920 Speaker 3: they are for all the phrases they use to describe 82 00:04:42,920 --> 00:04:48,039 Speaker 3: the racist. Like Ashani Mufoko, what's funny is half of 83 00:04:48,080 --> 00:04:51,599 Speaker 3: those words she's describing she's engaged in right now. Race drifting, 84 00:04:51,680 --> 00:04:57,280 Speaker 3: race baiting, victim syndrome. Anytime you start with somebody being 85 00:04:57,320 --> 00:05:02,839 Speaker 3: a cultural competency coach and they come communication strategists, I 86 00:05:02,880 --> 00:05:04,880 Speaker 3: think you're none of those things, lady. I think you're 87 00:05:04,880 --> 00:05:07,039 Speaker 3: a fraud and a great What do they read the 88 00:05:07,040 --> 00:05:08,720 Speaker 3: thing again? And let's stop them with each one. 89 00:05:09,200 --> 00:05:11,520 Speaker 7: Here we go ten ways you say the in word 90 00:05:11,560 --> 00:05:14,240 Speaker 7: without saying the in word. If you use any of 91 00:05:14,279 --> 00:05:16,640 Speaker 7: these terms or phrases in reference to black people, you 92 00:05:16,720 --> 00:05:19,919 Speaker 7: are just as racist as a person that actually uses. 93 00:05:19,839 --> 00:05:23,320 Speaker 3: The N words. Oh, okay, here are the words thug. Yeah, thug. 94 00:05:23,400 --> 00:05:25,520 Speaker 3: That's a good one. That's a good one. It's actually 95 00:05:26,080 --> 00:05:28,680 Speaker 3: a word that came from India, believe it or not. Yeah, 96 00:05:28,680 --> 00:05:31,080 Speaker 3: a thug is a word that came from India. And 97 00:05:31,160 --> 00:05:32,760 Speaker 3: I think we all know what a thug is when 98 00:05:32,760 --> 00:05:35,159 Speaker 3: we see it. It's good to have such words because 99 00:05:35,200 --> 00:05:38,480 Speaker 3: otherwise people might refer to someone who is a thug 100 00:05:38,880 --> 00:05:43,200 Speaker 3: as a black person. And every black person is not 101 00:05:43,240 --> 00:05:46,440 Speaker 3: a thug. So you got a thug who's a thug 102 00:05:46,880 --> 00:05:49,960 Speaker 3: and he's engaged in thuggery. So when that thug is 103 00:05:50,040 --> 00:05:53,039 Speaker 3: thugging and you say, yeah, there was a thug, you 104 00:05:53,160 --> 00:05:56,240 Speaker 3: have to have a way you can say it that 105 00:05:56,400 --> 00:05:59,960 Speaker 3: isn't related to the color. So what a thug is? 106 00:06:01,120 --> 00:06:05,000 Speaker 3: Nobody's calling you a thug if you're not a thug 107 00:06:05,720 --> 00:06:11,359 Speaker 3: because you're black. So no, all right, next ghetto ghetto. 108 00:06:11,480 --> 00:06:14,279 Speaker 3: Oh ye're guilty again. So Ray s Grifter says that 109 00:06:14,360 --> 00:06:16,200 Speaker 3: saying these things are the same as the N word, 110 00:06:16,240 --> 00:06:17,159 Speaker 3: But that's not true. 111 00:06:18,000 --> 00:06:19,680 Speaker 5: It's wrong to make fun of people, you know, But 112 00:06:19,720 --> 00:06:23,080 Speaker 5: it's so fun sometimes I've written for some TV shows 113 00:06:23,279 --> 00:06:25,279 Speaker 5: and you know, on a major TV show. You have 114 00:06:25,320 --> 00:06:27,520 Speaker 5: to be careful about what you say about people because 115 00:06:27,520 --> 00:06:29,359 Speaker 5: a lot of people can get offended, or so it 116 00:06:29,400 --> 00:06:30,320 Speaker 5: has been explained to me. 117 00:06:31,520 --> 00:06:32,560 Speaker 3: I was once. I'll tell you this. 118 00:06:32,600 --> 00:06:34,320 Speaker 5: I was writing for an awards show once and I 119 00:06:34,360 --> 00:06:36,400 Speaker 5: got into some trouble. I wrote a joke for this 120 00:06:36,480 --> 00:06:38,960 Speaker 5: awards show that had the word midget in it, and 121 00:06:39,040 --> 00:06:42,039 Speaker 5: someone from the network came down to our offices and 122 00:06:42,080 --> 00:06:44,159 Speaker 5: he said to me, hey, you can't put the word 123 00:06:44,200 --> 00:06:47,160 Speaker 5: midget on TV. And I said, I sure would like to, 124 00:06:48,200 --> 00:06:51,160 Speaker 5: and he said, no, midget is as bad as the 125 00:06:51,320 --> 00:07:00,440 Speaker 5: N word. First off, no. 126 00:06:57,440 --> 00:06:58,039 Speaker 3: No it's not. 127 00:06:59,160 --> 00:07:00,840 Speaker 5: Do you know how I know it's not, I said 128 00:07:00,839 --> 00:07:03,880 Speaker 5: to him, is because we're saying the word midget and 129 00:07:03,960 --> 00:07:08,040 Speaker 5: we're not even saying what the N word is. If 130 00:07:08,080 --> 00:07:11,320 Speaker 5: you're comparing the badness of two words and you won't 131 00:07:11,360 --> 00:07:16,800 Speaker 5: even say one of them, that's the worst word. Also, 132 00:07:16,800 --> 00:07:18,680 Speaker 5: I don't mean the gloss over, but like little people 133 00:07:18,680 --> 00:07:20,679 Speaker 5: have been through in this country, But you cannot compare 134 00:07:20,720 --> 00:07:22,840 Speaker 5: the plight of midgets to African Americans. 135 00:07:23,080 --> 00:07:24,200 Speaker 3: That is outrageous. 136 00:07:24,360 --> 00:07:29,600 Speaker 5: Midgets were never enslaved, unless you count the walka factory. 137 00:07:31,040 --> 00:07:32,840 Speaker 5: So we get into this argument we're going back and forth. 138 00:07:32,880 --> 00:07:34,160 Speaker 5: He goes, you can't put that word on TV, and 139 00:07:34,200 --> 00:07:35,480 Speaker 5: I said, I want to, and he goes, if you 140 00:07:35,520 --> 00:07:37,960 Speaker 5: put that word on TV, there could be a protest 141 00:07:38,000 --> 00:07:39,440 Speaker 5: of midgets on this building. 142 00:07:39,720 --> 00:07:47,480 Speaker 3: And I said, promise the term anal intercourse on your program, 143 00:07:47,920 --> 00:07:53,760 Speaker 3: Michael Arry, if it's relevant story for journalistic purposes. Well, 144 00:07:53,800 --> 00:07:57,800 Speaker 3: you know, things you're getting weird when President Trump promote 145 00:07:58,200 --> 00:08:03,320 Speaker 3: proposes an implement and it's a savings account, a Trump account. 146 00:08:03,400 --> 00:08:04,880 Speaker 3: Of course it has to have his name on it. 147 00:08:04,880 --> 00:08:06,720 Speaker 3: It should. He's the one that came up with it. 148 00:08:07,720 --> 00:08:10,239 Speaker 3: A Trump account of one thousand dollars for every child. 149 00:08:11,040 --> 00:08:14,440 Speaker 3: And you know things are crazy when Corey Booker, who 150 00:08:16,000 --> 00:08:21,320 Speaker 3: just got married to a woman, says, that was actually 151 00:08:21,360 --> 00:08:25,040 Speaker 3: my idea, so the Democrats. When the Democrats are not 152 00:08:25,560 --> 00:08:29,400 Speaker 3: criticizing his idea but are now claiming it was their own, 153 00:08:30,200 --> 00:08:34,000 Speaker 3: well we have reached an interesting point, an interesting point 154 00:08:34,000 --> 00:08:38,439 Speaker 3: on the spectrum. What is the Trump account? How does 155 00:08:38,480 --> 00:08:42,480 Speaker 3: it work? Luke Pettitt is the Treasury Department Assistant Secretary 156 00:08:42,520 --> 00:08:46,800 Speaker 3: for Financial Markets, and he is our guest. Luke, I 157 00:08:46,800 --> 00:08:49,959 Speaker 3: guess the first question is what exactly is this account? 158 00:08:49,960 --> 00:08:51,760 Speaker 3: Who qualifies for it. When does it begin? 159 00:08:54,000 --> 00:08:56,400 Speaker 4: Yeah, So the Trump Accounts, which are going to go 160 00:08:56,520 --> 00:08:58,640 Speaker 4: live in the fourth of July next year, are really 161 00:08:58,840 --> 00:09:02,439 Speaker 4: a transformational program that are going to open up investment 162 00:09:02,480 --> 00:09:07,040 Speaker 4: accounts for children under eighteen starting next year to allow 163 00:09:07,080 --> 00:09:10,680 Speaker 4: them to build you know, real net worth for their futures, 164 00:09:10,760 --> 00:09:14,280 Speaker 4: allow them to harness the power of compound growth and 165 00:09:14,320 --> 00:09:17,120 Speaker 4: give them a stake in America's future. And so as 166 00:09:17,160 --> 00:09:19,679 Speaker 4: america and economy grows, so does their net worth. And 167 00:09:19,720 --> 00:09:22,880 Speaker 4: so these will be broad based investment accounts that will 168 00:09:22,880 --> 00:09:25,840 Speaker 4: be investing in US stock indicies, ensuring that you know, 169 00:09:25,960 --> 00:09:30,360 Speaker 4: families and children's get simple and transparent and affordable growth. 170 00:09:30,200 --> 00:09:31,080 Speaker 3: Options for them. 171 00:09:31,440 --> 00:09:34,000 Speaker 4: But it will be essentially an investment account that they 172 00:09:34,000 --> 00:09:36,400 Speaker 4: will have and to let it grow, their parents and 173 00:09:36,840 --> 00:09:39,720 Speaker 4: their parents employers will contribute to and once they turn eighteen, 174 00:09:39,760 --> 00:09:43,480 Speaker 4: it'll for traditional wroth or traditional rather. 175 00:09:45,120 --> 00:09:48,959 Speaker 3: You know. I've talked on their in fact as recently 176 00:09:49,000 --> 00:09:51,640 Speaker 3: as yesterday about the fact that growing up in a 177 00:09:51,640 --> 00:09:55,160 Speaker 3: working class home, parents didn't go to college, nobody and 178 00:09:55,200 --> 00:09:59,640 Speaker 3: our family ever had, and the idea of you saved 179 00:09:59,800 --> 00:10:04,320 Speaker 3: your money, the idea of investing was not something that 180 00:10:04,440 --> 00:10:07,200 Speaker 3: was ever discussed, and I realized as I got much 181 00:10:07,360 --> 00:10:10,680 Speaker 3: older that if you will start putting money in the 182 00:10:10,720 --> 00:10:16,120 Speaker 3: earlier the better. A little money consistently over a lot 183 00:10:16,200 --> 00:10:19,920 Speaker 3: of time turns out to be a great deal of money. 184 00:10:20,080 --> 00:10:22,560 Speaker 3: And there is this idea that you earn it and 185 00:10:22,600 --> 00:10:26,160 Speaker 3: you save it, but investing is how you create real wealth. 186 00:10:26,240 --> 00:10:30,239 Speaker 3: And I love the idea of encouraging people to understand 187 00:10:30,280 --> 00:10:35,520 Speaker 3: that sooner rather than later. You're exactly right. 188 00:10:35,600 --> 00:10:38,400 Speaker 4: And if you think about it, those first formative years 189 00:10:38,480 --> 00:10:42,160 Speaker 4: when a child is growing up, if they have money 190 00:10:42,160 --> 00:10:44,719 Speaker 4: that's sitting in a savings account from their parents and 191 00:10:44,720 --> 00:10:46,439 Speaker 4: it's not being invested, that they're losing out on a 192 00:10:46,480 --> 00:10:47,240 Speaker 4: lot of returns. 193 00:10:47,520 --> 00:10:49,040 Speaker 3: Since fifty seven and p. 194 00:10:49,120 --> 00:10:52,560 Speaker 4: Five hundred is delivered an average annual return of ten 195 00:10:52,559 --> 00:10:53,440 Speaker 4: point five percent. 196 00:10:53,760 --> 00:10:54,600 Speaker 3: I mean, that's a lot of money. 197 00:10:54,679 --> 00:10:56,680 Speaker 4: And if you think about it, even this thousand dollars 198 00:10:56,720 --> 00:11:00,280 Speaker 4: seed which children born between calend years twenty five twenty 199 00:11:00,280 --> 00:11:03,280 Speaker 4: eight will get, that alone, compounded at that rate for 200 00:11:03,360 --> 00:11:06,440 Speaker 4: sixty five years is six hundred and seventy four thousand dollars. 201 00:11:06,480 --> 00:11:08,960 Speaker 4: I mean, we're talking about a lot of compound investment 202 00:11:09,000 --> 00:11:11,120 Speaker 4: over that took the course of their life. And then 203 00:11:11,120 --> 00:11:13,760 Speaker 4: when you think about the engagement that children will have 204 00:11:13,840 --> 00:11:17,199 Speaker 4: with these accounts, learning about what is compounding, what is investing, 205 00:11:17,200 --> 00:11:18,920 Speaker 4: and how do I plan for my future so I 206 00:11:18,960 --> 00:11:22,280 Speaker 4: can have a nest egg for when I'm older and 207 00:11:22,320 --> 00:11:25,160 Speaker 4: ready for retirement. This is this is a profound and 208 00:11:25,240 --> 00:11:27,760 Speaker 4: powerful paradigm shift We're about to witness here. 209 00:11:28,480 --> 00:11:31,480 Speaker 3: Luke, It's amazing. Luke Pettitt is our guest Treasury Department 210 00:11:31,480 --> 00:11:34,880 Speaker 3: Assistant Secretary for Financial Markets. I started a Robinhood account 211 00:11:34,920 --> 00:11:37,559 Speaker 3: for my kids when they were in middle school, and 212 00:11:37,600 --> 00:11:39,960 Speaker 3: it was fascinating to me how all of a sudden 213 00:11:40,160 --> 00:11:42,880 Speaker 3: they were interested in investing. They wanted to talk about 214 00:11:42,880 --> 00:11:46,640 Speaker 3: particular companies and their stock and their future, and disclosures 215 00:11:46,640 --> 00:11:49,439 Speaker 3: that they had made that might potentially harm their stock price, 216 00:11:49,880 --> 00:11:54,040 Speaker 3: are new announcements of products that they were launching. They 217 00:11:54,080 --> 00:11:58,800 Speaker 3: began to understand how capital funds deals, and how capital 218 00:11:58,880 --> 00:12:01,640 Speaker 3: is liquid and how it moved, and how capital gets scared, 219 00:12:01,640 --> 00:12:04,920 Speaker 3: and how capital gets excited, and sometimes that exuberance can 220 00:12:04,960 --> 00:12:08,480 Speaker 3: be silly and sometimes the fear can be nonsensical. But 221 00:12:08,800 --> 00:12:13,439 Speaker 3: understanding that this is the underpinning of how our economy works, 222 00:12:13,720 --> 00:12:17,280 Speaker 3: particularly as regards public companies. It was amazing to me 223 00:12:17,400 --> 00:12:19,280 Speaker 3: how this was the best thing. You know, you know, 224 00:12:19,360 --> 00:12:22,600 Speaker 3: you try to explain these things on long driving trips. 225 00:12:22,760 --> 00:12:25,480 Speaker 3: It's not until their money is at play. I started 226 00:12:25,480 --> 00:12:28,600 Speaker 3: them checking accounts and gave them access, and it was 227 00:12:28,640 --> 00:12:30,640 Speaker 3: amazing how all of a sudden, when they had to 228 00:12:30,640 --> 00:12:34,160 Speaker 3: pay for their own things, things that made sense before 229 00:12:34,240 --> 00:12:36,720 Speaker 3: you know, Crockett was having his sports team over to 230 00:12:36,760 --> 00:12:39,800 Speaker 3: the house, and we've always done raising canes for all 231 00:12:39,800 --> 00:12:42,480 Speaker 3: the kids, and he said, I don't think we need 232 00:12:42,520 --> 00:12:45,320 Speaker 3: to have food for it was for his young life group. 233 00:12:45,400 --> 00:12:46,920 Speaker 3: I don't think we need to have food for the event. 234 00:12:47,360 --> 00:12:49,200 Speaker 3: And my wife said, well why not? We always do. 235 00:12:49,679 --> 00:12:51,320 Speaker 3: I don't think anybody likes it. Well, he didn't want 236 00:12:51,320 --> 00:12:53,199 Speaker 3: to have to pay for it. So, all of a sudden, 237 00:12:53,400 --> 00:12:55,840 Speaker 3: money makes sense. There's a cost to things, and I 238 00:12:55,840 --> 00:12:58,200 Speaker 3: think the earlier that kids can learn these things the better. 239 00:13:00,120 --> 00:13:01,600 Speaker 3: That's right, It comes down to ownership. 240 00:13:02,120 --> 00:13:04,520 Speaker 4: In these programs, these Trump accounts are going to give 241 00:13:04,520 --> 00:13:09,520 Speaker 4: every child in ownership stake in the American economy, American companies, 242 00:13:10,200 --> 00:13:14,040 Speaker 4: and a first hand experience with capitalism and markets in 243 00:13:14,080 --> 00:13:16,000 Speaker 4: a way that would be hard to deliver otherwise, And 244 00:13:16,040 --> 00:13:18,120 Speaker 4: So it's filling a gap that I don't think people 245 00:13:18,200 --> 00:13:21,400 Speaker 4: realize needed to be filled until President Trump really leaned 246 00:13:21,400 --> 00:13:24,080 Speaker 4: in in the working family and tax cuts that we 247 00:13:24,120 --> 00:13:28,040 Speaker 4: saw past early this summer. And like I said before, 248 00:13:28,040 --> 00:13:31,600 Speaker 4: we're about to see a transformational shift in how children 249 00:13:31,640 --> 00:13:34,280 Speaker 4: are viewing capitalism, the markets, and their stake in the 250 00:13:34,360 --> 00:13:35,240 Speaker 4: American economy. 251 00:13:35,360 --> 00:13:37,520 Speaker 3: I love it. I absolutely love it. We're talking about 252 00:13:37,600 --> 00:13:41,080 Speaker 3: children born beginning January first of this year, So if 253 00:13:41,080 --> 00:13:42,640 Speaker 3: you have a baby that was born in this calendar 254 00:13:42,720 --> 00:13:45,400 Speaker 3: year and that goes through the end of twenty twenty eight, 255 00:13:45,480 --> 00:13:48,560 Speaker 3: so December thirty first of twenty twenty eight. It is 256 00:13:48,679 --> 00:13:52,920 Speaker 3: a pilot program. That's who qualifies. Look, how did you 257 00:13:53,040 --> 00:13:58,240 Speaker 3: end up in the Department of Treasury, You know I was. 258 00:13:58,640 --> 00:14:00,680 Speaker 4: I had the pleasure of being nominated by President to 259 00:14:01,080 --> 00:14:04,840 Speaker 4: fill the role for Assistence Secretary for Financial Institutions Secretary 260 00:14:04,920 --> 00:14:07,640 Speaker 4: Best in places trust in me to fulfill this role. 261 00:14:07,679 --> 00:14:10,320 Speaker 4: And as part of that, I've been tasked with helping 262 00:14:10,679 --> 00:14:14,959 Speaker 4: ensure the Treasury Department, which is leading the implementation of 263 00:14:15,000 --> 00:14:18,719 Speaker 4: Trump Accounts, that we have a successful launch on the 264 00:14:18,720 --> 00:14:20,880 Speaker 4: fourth of July because of how important this program is. 265 00:14:21,480 --> 00:14:22,800 Speaker 4: But by the grace of God, I got here and 266 00:14:22,800 --> 00:14:25,200 Speaker 4: I'm honored to be here in this building working for 267 00:14:25,240 --> 00:14:28,040 Speaker 4: Secretary Vestment and for President Trump. But one thing on 268 00:14:28,080 --> 00:14:31,360 Speaker 4: your point earlier, it's not just for kids who are 269 00:14:31,400 --> 00:14:33,520 Speaker 4: born in January first, twenty five through the end of 270 00:14:33,560 --> 00:14:37,280 Speaker 4: twenty eight. Any children can create these accounts. And you 271 00:14:37,280 --> 00:14:40,600 Speaker 4: know Michael Dell's historic announcement on Tuesday of six point 272 00:14:40,640 --> 00:14:43,480 Speaker 4: twenty five billion dollars. That's two hundred and fifty dollars 273 00:14:43,560 --> 00:14:46,160 Speaker 4: per child for up to twenty five million Americans. And 274 00:14:46,200 --> 00:14:49,040 Speaker 4: that expands the scope of eligible children who can not 275 00:14:49,080 --> 00:14:52,520 Speaker 4: only create accounts, but also receive a seed an investment 276 00:14:52,560 --> 00:14:54,880 Speaker 4: to start and to base their investments off of. 277 00:14:56,440 --> 00:14:58,280 Speaker 3: You know, it's amazing. I saw a chart the other 278 00:14:58,360 --> 00:15:01,440 Speaker 3: day that if every person would contribute from when they're 279 00:15:01,480 --> 00:15:06,200 Speaker 3: a child one dollar into an investment, what that number 280 00:15:06,280 --> 00:15:09,000 Speaker 3: will be by the time they're thirty forty to fifty sixty. 281 00:15:09,000 --> 00:15:11,960 Speaker 3: You're talking about retirement level dollars. And we can each 282 00:15:12,000 --> 00:15:14,960 Speaker 3: set aside a dollar. That's easy enough to do. It's 283 00:15:15,000 --> 00:15:18,040 Speaker 3: amazing to get people to start thinking in terms of 284 00:15:18,080 --> 00:15:21,600 Speaker 3: not just saving, but investing and putting your work, your 285 00:15:21,640 --> 00:15:24,600 Speaker 3: money to work and creating more wealth. I love the concept. 286 00:15:24,680 --> 00:15:28,400 Speaker 3: Look Pettitt, Treasury Department Assistant Secretary for Financial Markets. Thank you, 287 00:15:28,440 --> 00:15:32,840 Speaker 3: good sir, thanks for having me today. The first I've 288 00:15:32,880 --> 00:15:35,320 Speaker 3: been destroying the black community is to dismantle the Black 289 00:15:35,320 --> 00:15:36,760 Speaker 3: family Michael Berries Show. 290 00:15:37,000 --> 00:15:39,920 Speaker 2: Why don't we ask missus Willie Brown if Kamala Harris 291 00:15:39,960 --> 00:15:40,880 Speaker 2: cares about black ven. 292 00:15:40,920 --> 00:15:45,880 Speaker 3: I just ask Ramon, Ramon, does all the music sound 293 00:15:46,120 --> 00:15:50,480 Speaker 3: everything like that while we're live on the air. Chad 294 00:15:51,160 --> 00:15:56,280 Speaker 3: Kunda Jim work on the off air stuff, including research, 295 00:15:57,320 --> 00:16:01,600 Speaker 3: building the parodies, but Ramona is the one across the 296 00:16:01,640 --> 00:16:05,200 Speaker 3: glass more loud, and it is his prerogative what we 297 00:16:05,320 --> 00:16:08,920 Speaker 3: come back from the breaks with, which is what's known 298 00:16:08,960 --> 00:16:13,720 Speaker 3: as a bump. The bump music and bump music's are 299 00:16:13,720 --> 00:16:17,160 Speaker 3: more important to our show than probably most only because 300 00:16:17,920 --> 00:16:20,920 Speaker 3: music is very important to us, and that's part of 301 00:16:20,960 --> 00:16:24,560 Speaker 3: what we do. We enjoy sharing music with you, creating 302 00:16:24,640 --> 00:16:29,120 Speaker 3: moods with music. And I just had a very odd moment. 303 00:16:29,320 --> 00:16:33,880 Speaker 3: I asked Ramon for Presence of the Lord by Blind Faith, 304 00:16:35,680 --> 00:16:40,200 Speaker 3: and he kind of furrowed his brow and I said, 305 00:16:41,000 --> 00:16:46,520 Speaker 3: you know that song? He said no, So he went 306 00:16:46,600 --> 00:16:48,280 Speaker 3: to find it and he said, they only have like 307 00:16:48,360 --> 00:16:51,800 Speaker 3: ten songs, and I said, but surely you've heard that song. 308 00:16:52,840 --> 00:16:55,200 Speaker 3: He had never heard that song. I love that song. 309 00:16:55,240 --> 00:16:57,760 Speaker 3: I mean it shouldn't be a shot when you've got 310 00:16:57,800 --> 00:17:02,360 Speaker 3: Steve Winwood. Eric clapped Ginger Baker, and I guess I 311 00:17:02,360 --> 00:17:05,960 Speaker 3: should add Gretch to that group. He was in Traffic. 312 00:17:06,400 --> 00:17:09,760 Speaker 3: So it's such an interesting time because Clapton, Ginger Baker, 313 00:17:10,400 --> 00:17:15,720 Speaker 3: Wynn Wood, Gretch. This is just after Cream breaks up 314 00:17:16,760 --> 00:17:19,160 Speaker 3: and they only did one album. I think they only 315 00:17:19,200 --> 00:17:22,240 Speaker 3: went on one one. I think they did one like a 316 00:17:22,280 --> 00:17:27,320 Speaker 3: whole summer tour. That was it, and that was that 317 00:17:27,440 --> 00:17:30,120 Speaker 3: was their body of work. But I think I think 318 00:17:30,119 --> 00:17:34,280 Speaker 3: they're fantastic. I love that song. I've always loved that song. 319 00:17:34,760 --> 00:17:39,080 Speaker 3: I'm just happy because it's the kind of thing that 320 00:17:39,200 --> 00:17:43,200 Speaker 3: Ramon would know, and it somehow slipped through the cracks 321 00:17:43,680 --> 00:17:45,320 Speaker 3: and now he knows it, and I know he's going 322 00:17:45,359 --> 00:17:48,280 Speaker 3: to listen to it one hundred times. Makes me happy. 323 00:17:48,480 --> 00:17:54,560 Speaker 3: Democrat Senator Tammy Duckworth from Illinois was on CNN with 324 00:17:54,720 --> 00:18:03,840 Speaker 3: Dana Bash and she wants to criticizes the Trump defense 325 00:18:03,880 --> 00:18:09,119 Speaker 3: of our country by stopping the Narco boats, and so 326 00:18:09,240 --> 00:18:11,840 Speaker 3: she wants to whatever Trump's for she's against if Trump's 327 00:18:11,840 --> 00:18:14,480 Speaker 3: for Christmas, she hates it. And that's what he does. 328 00:18:14,520 --> 00:18:17,560 Speaker 3: He puts them in this. He comes out strong for things, 329 00:18:18,440 --> 00:18:20,720 Speaker 3: and then they have to be against it, even though 330 00:18:20,720 --> 00:18:24,560 Speaker 3: the American people is for it or for it. So 331 00:18:25,560 --> 00:18:29,240 Speaker 3: Dana Bash, I mean, it's almost it's almost an ounce 332 00:18:29,240 --> 00:18:35,879 Speaker 3: of journalism here. She simply asks have you seen the video? 333 00:18:37,320 --> 00:18:40,920 Speaker 3: And then she follows it up with she says yes, 334 00:18:41,080 --> 00:18:45,960 Speaker 3: She says you have seen the classified video because she 335 00:18:46,000 --> 00:18:51,040 Speaker 3: knows she hasn't. And Tammy Dutworth is in an awkward situation. 336 00:18:52,520 --> 00:18:57,199 Speaker 3: Does she lie as they always do, or does she 337 00:18:57,320 --> 00:19:00,800 Speaker 3: tell the truth and undercut her whole point that she 338 00:19:01,000 --> 00:19:04,879 Speaker 3: can't actually pass judgment on this issue because she doesn't 339 00:19:04,920 --> 00:19:08,679 Speaker 3: know what happened. Senator, have you seen the video? 340 00:19:09,480 --> 00:19:13,080 Speaker 8: I have seen the video and it is deeply disturbing. 341 00:19:13,440 --> 00:19:16,040 Speaker 8: I am mostly concerned with the fact that we are 342 00:19:16,040 --> 00:19:20,080 Speaker 8: putting our American servicemen and women in jeopardy here. We're 343 00:19:20,080 --> 00:19:22,280 Speaker 8: putting them in jeopardy in case they ever get shot down. 344 00:19:22,600 --> 00:19:24,880 Speaker 8: We're putting them in legal jeopardy. They could be brought 345 00:19:24,960 --> 00:19:28,280 Speaker 8: up in international criminal courts. And so what we're doing 346 00:19:28,400 --> 00:19:32,240 Speaker 8: here is taking those professionals or utmost professionals, and putting 347 00:19:32,240 --> 00:19:35,199 Speaker 8: them into harm's way. And that's what bothers me the 348 00:19:35,200 --> 00:19:37,520 Speaker 8: most about what Pete hex Seth is doing. He is 349 00:19:37,520 --> 00:19:40,159 Speaker 8: the least qualified security defense in our nation's history, and 350 00:19:40,200 --> 00:19:42,960 Speaker 8: he's very cavalier about doing things. The fact of the 351 00:19:43,000 --> 00:19:45,720 Speaker 8: matter is only Congress can decide that we can go 352 00:19:45,760 --> 00:19:48,240 Speaker 8: to war, and there was no such declaration made. 353 00:19:48,440 --> 00:19:52,440 Speaker 9: I just want to make sure that I get this accurate. 354 00:19:52,840 --> 00:19:57,600 Speaker 9: You have seen the classified video of this particular strike, 355 00:19:57,760 --> 00:20:00,640 Speaker 9: the first strike and then the double tap as it's known. 356 00:20:01,280 --> 00:20:03,280 Speaker 8: No, I've just seen what's been available in the media. 357 00:20:03,440 --> 00:20:05,720 Speaker 8: I've read the food report, but I've not seen the 358 00:20:05,720 --> 00:20:06,399 Speaker 8: actual video. 359 00:20:09,240 --> 00:20:17,840 Speaker 3: Oh so you disapprove of something that you don't actually 360 00:20:17,880 --> 00:20:25,000 Speaker 3: know what happened with, Well, that's okay. Most Americans were 361 00:20:25,080 --> 00:20:28,240 Speaker 3: lecturing their neighbors about how cops are evil because they 362 00:20:28,320 --> 00:20:31,840 Speaker 3: murdered George Floyd, and they never actually watched the video 363 00:20:32,640 --> 00:20:36,080 Speaker 3: because if they had, they would have known did George 364 00:20:36,119 --> 00:20:39,520 Speaker 3: Floyd was saying I can't breathe long before he was 365 00:20:39,520 --> 00:20:41,840 Speaker 3: on the ground, when he was in the backseat of 366 00:20:41,840 --> 00:20:46,320 Speaker 3: the vehicle because he had ingested fentanyl, And we all 367 00:20:46,359 --> 00:20:54,280 Speaker 3: know it Senator Tom Cotton, Democrat from Arizona, from Arkansas, 368 00:20:54,320 --> 00:20:56,879 Speaker 3: Did I just say Arizona was on meat depressed with 369 00:20:57,000 --> 00:21:04,119 Speaker 3: Kristen meet the depressed as was depressed? What Rush called it? 370 00:21:04,240 --> 00:21:07,359 Speaker 3: Or maybe Mark Levin came up with that one with 371 00:21:07,480 --> 00:21:09,800 Speaker 3: Kristin Welker that that nasty? What did the Trump call 372 00:21:09,880 --> 00:21:15,119 Speaker 3: that nasty one? And it raises a very interesting question. 373 00:21:15,840 --> 00:21:17,040 Speaker 3: Listen carefully. 374 00:21:18,560 --> 00:21:21,280 Speaker 4: States doesn't shoot people at the border who are bringing 375 00:21:21,320 --> 00:21:22,560 Speaker 4: drugs into the country. 376 00:21:22,560 --> 00:21:24,800 Speaker 3: Why should it be different at sea? Are you saying 377 00:21:24,800 --> 00:21:26,399 Speaker 3: we should start shooting people at the border. 378 00:21:26,440 --> 00:21:28,879 Speaker 1: We're going No, I'm not Kristin, but we are going 379 00:21:28,960 --> 00:21:32,439 Speaker 1: to the source where we have large scale boats that 380 00:21:32,520 --> 00:21:36,600 Speaker 1: are trafficking hundreds, if not thousands of pounds of drugs 381 00:21:36,920 --> 00:21:40,960 Speaker 1: that could kill thousands of Americans hundreds of our Kansas 382 00:21:40,960 --> 00:21:43,760 Speaker 1: a year. It is a highly effective and efficient up 383 00:21:43,840 --> 00:21:46,320 Speaker 1: way to stop these drugs from reaching our source. 384 00:21:46,920 --> 00:21:52,240 Speaker 3: Okay, let's ask questions. You're saying you support the president 385 00:21:54,280 --> 00:21:59,280 Speaker 3: shooting these narco boats because they're bringing large amounts of 386 00:21:59,359 --> 00:22:05,560 Speaker 3: drugs in what if we see someone bringing large amounts 387 00:22:05,560 --> 00:22:13,520 Speaker 3: of drugs across the border. If you're comfortable with the 388 00:22:13,640 --> 00:22:20,159 Speaker 3: use of fatal force. Why mortal force? Why wouldn't you 389 00:22:20,280 --> 00:22:26,800 Speaker 3: be comfortable at the border. And besides, we've told you 390 00:22:27,560 --> 00:22:32,840 Speaker 3: don't come in. Here's a big sign in every language. 391 00:22:33,000 --> 00:22:36,800 Speaker 3: Here are officers standing there to prevent you from coming in. 392 00:22:39,600 --> 00:22:43,560 Speaker 3: I'm asking you a question, how long would it take 393 00:22:45,240 --> 00:22:48,800 Speaker 3: that nobody would try to come in if, in fact, 394 00:22:49,600 --> 00:22:57,320 Speaker 3: we defended our castle, we treated America as the prized paradise, 395 00:22:57,800 --> 00:23:03,080 Speaker 3: our home that it is, and we actually started using 396 00:23:03,240 --> 00:23:08,119 Speaker 3: lethal force for people who came in. How long do 397 00:23:08,160 --> 00:23:14,240 Speaker 3: you think that would take? I think that might affect people. Well, 398 00:23:14,240 --> 00:23:18,640 Speaker 3: but Michael, they come from poor countries. I understand. That's 399 00:23:18,680 --> 00:23:21,040 Speaker 3: the very argument people use when they break into stores 400 00:23:21,080 --> 00:23:24,400 Speaker 3: and steal their stuff. We don't buy Thatdy, You've got 401 00:23:24,800 --> 00:23:28,760 Speaker 3: Michael Berry show. This is a longer clip than I 402 00:23:28,800 --> 00:23:37,520 Speaker 3: would normally play, but well, I'm not gonna be defensive 403 00:23:37,520 --> 00:23:40,080 Speaker 3: about it. I found it to be interesting and this 404 00:23:40,240 --> 00:23:43,000 Speaker 3: was as short as we could get it. It's five 405 00:23:43,040 --> 00:23:47,720 Speaker 3: minutes and it's on the subject of slavery. Now, why 406 00:23:47,760 --> 00:23:51,240 Speaker 3: are we talking about slavery? Well, I think slavery is 407 00:23:51,240 --> 00:23:54,120 Speaker 3: a worthwhile discussion, not as much as we talk about 408 00:23:54,119 --> 00:23:58,280 Speaker 3: it in America, but Slavery is used as a cudgel 409 00:23:58,880 --> 00:24:03,040 Speaker 3: by people who want power over you. They want to 410 00:24:03,080 --> 00:24:07,040 Speaker 3: control you, and they want to make money using our government. 411 00:24:08,440 --> 00:24:10,760 Speaker 3: And they also there's a lot of guilt in this 412 00:24:10,840 --> 00:24:18,040 Speaker 3: country over slavery, a lot of guilt, and so if 413 00:24:18,080 --> 00:24:22,439 Speaker 3: they can keep bringing it up and make you a 414 00:24:22,600 --> 00:24:26,840 Speaker 3: really bad person, then they might get something out of it. 415 00:24:28,680 --> 00:24:35,000 Speaker 3: And then you've got politicians who will promise them that 416 00:24:35,080 --> 00:24:39,560 Speaker 3: they'll take your money in the name of slavery. They'll 417 00:24:39,600 --> 00:24:44,320 Speaker 3: take your money and give it to people who, in 418 00:24:44,359 --> 00:24:48,200 Speaker 3: almost every case were not actually the descendants of slavery. 419 00:24:49,000 --> 00:24:53,960 Speaker 3: But what does it matter. It's a free giveaway, and 420 00:24:54,040 --> 00:24:59,199 Speaker 3: what they're giving away is decency and honor and truth 421 00:25:00,440 --> 00:25:06,480 Speaker 3: and dignity, because nobody's left with any dignity. You ever 422 00:25:06,520 --> 00:25:11,240 Speaker 3: actually watched Black Friday the day after Thanksgiving to watch 423 00:25:11,280 --> 00:25:14,159 Speaker 3: people crash through the doors at Walmart and act like 424 00:25:14,200 --> 00:25:21,320 Speaker 3: a complete fool for what a cheap item? Really? What 425 00:25:21,440 --> 00:25:28,639 Speaker 3: price your dignity? Good grief? Anyway, I hope this is 426 00:25:29,040 --> 00:25:31,040 Speaker 3: John Stossel, who I think does a real good job, 427 00:25:31,400 --> 00:25:34,240 Speaker 3: comes at things from kind of a libertarian perspective, but 428 00:25:34,240 --> 00:25:38,040 Speaker 3: he's also a guy who I feel like I feel 429 00:25:38,040 --> 00:25:43,200 Speaker 3: like he's a guy who is a seeker of truth 430 00:25:44,880 --> 00:25:47,760 Speaker 3: and that he follows it wherever it may go. And 431 00:25:47,800 --> 00:25:51,680 Speaker 3: I liked that about him. This is a discussion Stossel 432 00:25:51,760 --> 00:25:57,440 Speaker 3: had with author Wilfred Riley, and I've listened to it 433 00:25:58,240 --> 00:26:01,679 Speaker 3: a few times now, and I decided it was something 434 00:26:01,680 --> 00:26:03,760 Speaker 3: that I was going to share with you, because some 435 00:26:03,840 --> 00:26:08,480 Speaker 3: folks don't know your history, so you get scammed into 436 00:26:09,960 --> 00:26:12,960 Speaker 3: being told that you should be ashamed of yourself when 437 00:26:13,000 --> 00:26:13,760 Speaker 3: you don't need to. 438 00:26:14,040 --> 00:26:18,040 Speaker 2: The original sin of slavery, the original sin of slavery. 439 00:26:18,160 --> 00:26:22,720 Speaker 6: Today Americans are taught when it comes to slavery, America 440 00:26:22,920 --> 00:26:23,760 Speaker 6: was the worst. 441 00:26:24,040 --> 00:26:27,040 Speaker 7: The Atlantic slavery from Africa to the Americas was different 442 00:26:27,040 --> 00:26:28,320 Speaker 7: from any other type of slavery. 443 00:26:28,359 --> 00:26:31,280 Speaker 4: The United States didn't inherit slavery from anybody. 444 00:26:31,320 --> 00:26:35,800 Speaker 3: We created it. American slavery was worse because the slaves 445 00:26:35,800 --> 00:26:39,440 Speaker 3: were reduced the property to the channel property. No other 446 00:26:39,560 --> 00:26:43,840 Speaker 3: system of slavery did that except of American slavery. That's 447 00:26:43,920 --> 00:26:44,840 Speaker 3: complete nonsense. 448 00:26:45,000 --> 00:26:49,479 Speaker 6: Wilfred Riley is a political science professor and author of Lies. 449 00:26:49,640 --> 00:26:51,840 Speaker 3: My liberal teacher told. 450 00:26:51,640 --> 00:26:54,520 Speaker 2: Me generational slavery like if you're the son of a 451 00:26:54,560 --> 00:26:59,520 Speaker 2: slaver or a slave that was extraordinarily common slavery around 452 00:26:59,560 --> 00:26:59,879 Speaker 2: the world. 453 00:27:00,280 --> 00:27:05,959 Speaker 6: Slavery books like this Unfinished Nation, slaves in Africa were 454 00:27:06,040 --> 00:27:08,280 Speaker 6: kept unfree only for a fixed term. 455 00:27:08,400 --> 00:27:09,880 Speaker 3: No is the short answer. 456 00:27:10,400 --> 00:27:13,040 Speaker 2: Most of the slaves taken by these sort of players 457 00:27:13,520 --> 00:27:15,840 Speaker 2: would be either kept as slaves for their entire life, 458 00:27:16,000 --> 00:27:20,240 Speaker 2: or more likely sold to the Whites and the Arabs 459 00:27:20,240 --> 00:27:21,280 Speaker 2: in two years. 460 00:27:21,320 --> 00:27:25,120 Speaker 6: Today, partly thanks to the New York Times sixteen nineteen project, 461 00:27:25,600 --> 00:27:30,080 Speaker 6: students are taught that America's slavery was unlike anything that 462 00:27:30,240 --> 00:27:31,400 Speaker 6: existed before. 463 00:27:31,640 --> 00:27:33,600 Speaker 3: We're the worst society ever. 464 00:27:34,000 --> 00:27:37,800 Speaker 2: We've done things that no one else has ever done. 465 00:27:38,200 --> 00:27:42,159 Speaker 2: And sometimes there's nothing wrong with acknowledging your historical mistakes. 466 00:27:42,680 --> 00:27:46,159 Speaker 2: I mean, I'm Black, Irish, a bit Native American, at 467 00:27:46,240 --> 00:27:49,120 Speaker 2: least per the family lore. I mean, those are three 468 00:27:49,119 --> 00:27:51,280 Speaker 2: people that have experienced a great deal historically. 469 00:27:51,359 --> 00:27:55,520 Speaker 3: Nothing wrong with acknowledging that. But it's extremely odd. 470 00:27:55,240 --> 00:27:58,119 Speaker 2: To focus only on the negatives of your society and 471 00:27:58,160 --> 00:27:59,280 Speaker 2: to exaggerate those. 472 00:27:59,400 --> 00:28:03,040 Speaker 6: Americans are taught that slavers caught people in Africa and 473 00:28:03,119 --> 00:28:06,840 Speaker 6: shipped them here, but few were taught that most slaves 474 00:28:06,880 --> 00:28:09,760 Speaker 6: were not shipped to the United States. 475 00:28:09,720 --> 00:28:14,879 Speaker 2: Between ten point seven million and twelve million slaves from Africa. 476 00:28:14,920 --> 00:28:17,560 Speaker 3: Went to the New World. We got a little under 477 00:28:17,560 --> 00:28:18,879 Speaker 3: four hundred thousand. 478 00:28:18,600 --> 00:28:21,880 Speaker 6: Under four hundred thousand out of ten million. 479 00:28:22,119 --> 00:28:25,160 Speaker 2: The extreme focus on slavery in the United States. Why 480 00:28:25,200 --> 00:28:27,520 Speaker 2: did that happen? One reason is that a lot of 481 00:28:27,520 --> 00:28:31,360 Speaker 2: black people survived here. Slavery was harsh, but it is 482 00:28:31,400 --> 00:28:34,080 Speaker 2: a lot less harsh than clearing the Brazilian jungle. 483 00:28:34,160 --> 00:28:39,240 Speaker 6: All right, but American blacks are at a disadvantage. They 484 00:28:39,240 --> 00:28:45,440 Speaker 6: have less capital, financial and educational capital. What's the harm 485 00:28:45,480 --> 00:28:49,840 Speaker 6: and pointing out how abusive white people were. 486 00:28:50,240 --> 00:28:53,120 Speaker 3: The harm is that pointing. 487 00:28:52,760 --> 00:28:55,200 Speaker 2: Out how abusive white people were is not going to 488 00:28:55,240 --> 00:28:58,200 Speaker 2: get black Americans anymore capital. Most of the problems of 489 00:28:58,240 --> 00:29:00,760 Speaker 2: the modern black community don't have any anything to do 490 00:29:01,160 --> 00:29:02,640 Speaker 2: with historical ethnic conflict. 491 00:29:02,640 --> 00:29:05,480 Speaker 3: One hundred and sixty years ago, the Great Society asked 492 00:29:05,760 --> 00:29:08,520 Speaker 3: not how much, but how good? 493 00:29:08,920 --> 00:29:13,760 Speaker 6: Riley says, most of the problems began when welfare began driving. 494 00:29:13,480 --> 00:29:14,240 Speaker 3: The black community. 495 00:29:14,280 --> 00:29:16,080 Speaker 2: Every time I've tried to break this out increased about 496 00:29:16,120 --> 00:29:19,480 Speaker 2: eight hundred percent between say, nineteen sixty three and nineteen 497 00:29:19,560 --> 00:29:23,480 Speaker 2: ninety three. Racism didn't increase between nineteen sixty and the 498 00:29:23,520 --> 00:29:26,680 Speaker 2: modern era. You're looking at the impacts of the great society, 499 00:29:26,800 --> 00:29:28,040 Speaker 2: the welfare programs. 500 00:29:28,160 --> 00:29:31,520 Speaker 6: Riley argus, it's better to teach the truth that almost 501 00:29:31,560 --> 00:29:41,280 Speaker 6: every society had slavery. The as Secs, the Persians, Egyptians, Greeks, Romans, Vikings, 502 00:29:41,840 --> 00:29:43,959 Speaker 6: and most of all the Arab world. 503 00:29:44,320 --> 00:29:47,400 Speaker 2: The Arabs were probably histories premier slave traders. 504 00:29:47,600 --> 00:29:51,240 Speaker 6: Sometimes they captured poor whites from Slavic countries. 505 00:29:51,480 --> 00:29:54,160 Speaker 3: The Muslims, many of whom were dark skinned or even. 506 00:29:54,040 --> 00:29:56,760 Speaker 2: Black, took so many blonde slaves out of this region 507 00:29:56,800 --> 00:30:00,000 Speaker 2: that they gave the world slav slave to the globe 508 00:30:00,200 --> 00:30:01,000 Speaker 2: slave population. 509 00:30:01,240 --> 00:30:03,400 Speaker 3: Many slaves were forced into heroms. 510 00:30:03,600 --> 00:30:06,560 Speaker 2: Sexual slavery was a very much a part of slavery, 511 00:30:06,600 --> 00:30:08,760 Speaker 2: like if your group was defeated in war, the. 512 00:30:08,720 --> 00:30:10,760 Speaker 3: Men would probably just be killed or they'd be sold 513 00:30:10,760 --> 00:30:11,560 Speaker 3: as farm hands. 514 00:30:12,000 --> 00:30:16,000 Speaker 2: The women would often be sold as harem girls or prostitutes. 515 00:30:16,120 --> 00:30:19,880 Speaker 6: More than a million Europeans were enslaved, but Muslim slave 516 00:30:19,960 --> 00:30:22,200 Speaker 6: traders took more people from Africa. 517 00:30:22,360 --> 00:30:26,040 Speaker 2: The Arabs targeting Africa took out about seventeen million people. 518 00:30:26,200 --> 00:30:29,280 Speaker 6: The British and then the Americas were the rare people 519 00:30:29,760 --> 00:30:31,800 Speaker 6: who moved to abolish slavery. 520 00:30:31,840 --> 00:30:34,560 Speaker 2: So yeah, the British Navy, in a story almost no 521 00:30:34,640 --> 00:30:38,880 Speaker 2: one now knows, sank something like sixteen hundred slave ships. 522 00:30:39,120 --> 00:30:43,600 Speaker 2: It freed one hundred fifty thousand people that were enslaved 523 00:30:43,640 --> 00:30:44,600 Speaker 2: at the time. 524 00:30:44,640 --> 00:30:48,400 Speaker 6: Because the Brits objected for moral reasons, they had enough 525 00:30:48,440 --> 00:30:53,560 Speaker 6: of it. Saudi Arabia only abolished the slave trade relatively recently. 526 00:30:53,760 --> 00:30:55,520 Speaker 3: Well, it's another inconvenient fact, right. 527 00:30:55,560 --> 00:30:59,320 Speaker 6: The Global Slavery Index estimates that even now all those 528 00:30:59,360 --> 00:31:03,640 Speaker 6: slaveries officially illegal, there are more than seven hundred thousand 529 00:31:03,680 --> 00:31:06,920 Speaker 6: slaves in Saudi Arabia where there were no Westerners. 530 00:31:06,920 --> 00:31:09,640 Speaker 3: You'd have a lot of slavery for a long time, and. 531 00:31:09,800 --> 00:31:14,400 Speaker 6: You knew American slavery was horrible, but it wasn't unique. 532 00:31:14,720 --> 00:31:17,680 Speaker 6: Our culture would be healthier if we learned about that. 533 00:31:18,520 --> 00:31:22,920 Speaker 6: And schools dwelling on America's evils hasn't helped Americans get 534 00:31:22,960 --> 00:31:27,000 Speaker 6: over them. Gallup Poles show that after schools started focusing 535 00:31:27,040 --> 00:31:30,080 Speaker 6: on oppression, race relations got worse. 536 00:31:30,640 --> 00:31:34,320 Speaker 2: The idea of generational slavery, the idea of slave trading, 537 00:31:34,600 --> 00:31:37,160 Speaker 2: none of that was unique to America. 538 00:31:37,200 --> 00:31:38,360 Speaker 3: And another thing, you. 539 00:31:38,240 --> 00:31:42,200 Speaker 2: Don't need radicalism to critique the worst excesses of an 540 00:31:42,240 --> 00:31:43,080 Speaker 2: existing system. 541 00:31:43,520 --> 00:31:45,720 Speaker 3: All you need is incrementalism and honesty.