WEBVTT - REPLAY: Conversations Made In China

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<v Speaker 1>Speaks to the planning.

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<v Speaker 2>I go by the name of Charlamagne Tha God and

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<v Speaker 2>guess what, I can't wait to see y'all at the

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<v Speaker 1>Watch up and welcome back to another episode of No

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<v Speaker 1>Sinners Podcast with your hosts now fuck that with your

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<v Speaker 1>load glasses Malone. Everybody been asking me on the lunch

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<v Speaker 1>hour and where's Pete? And I really haven't told anybody,

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<v Speaker 1>you know what I mean. Why I'm like, oh, he

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<v Speaker 1>just taking a little sabbatical, you know what I'm saying,

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<v Speaker 1>Like he'll be back, you know what I mean? Yeah,

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<v Speaker 1>but you can tell people because this ain't for the

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<v Speaker 1>lunch hour, this is for the regular podcast. This is

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<v Speaker 1>for just audience. Yeah.

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<v Speaker 3>No, I have to get back into like full time

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<v Speaker 3>like trading trading and shit, because like I functioned in

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<v Speaker 3>huge ebbs and flows the last couple years, so I've

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<v Speaker 3>made like I've tripled my money in a quarter and

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<v Speaker 3>then like halved my money in a quarter like subsequently.

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<v Speaker 3>So like during stretches when I like pour a bunch

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<v Speaker 3>of money into some shit and don't have any money

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<v Speaker 3>until it cycles back up again, I have to drive Uber.

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<v Speaker 3>But I got kicked off the fucking platform permanently. So

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<v Speaker 3>I joined this options trading group that goes in the mornings.

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<v Speaker 3>But I'm new to it and I'm not throwing ten

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<v Speaker 3>K and these option moves out of the rip like

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<v Speaker 3>that shit's I mean, I got clobbered the first week.

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<v Speaker 3>So I was like, yeah, if I'm to do this

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<v Speaker 3>full time, I can't try to get in and out

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<v Speaker 3>in the mornings with the group. So I'm like on

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<v Speaker 3>the market all day long, trying to make more moves

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<v Speaker 3>at smaller volumes while I learned. And I've been learning,

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<v Speaker 3>so it's getting better. But yeah, the lunch table that

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<v Speaker 3>happens during trading hours, so I'm unavailable.

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<v Speaker 1>Yeah, and they got to just hold up till we

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<v Speaker 1>figure it out. So what happened was because that was

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<v Speaker 1>your numb will just mess up pay your bills time.

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<v Speaker 1>I really tell what happened.

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<v Speaker 3>So this is what made it even more weird. I

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<v Speaker 3>literally would just go to the gym, which is by

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<v Speaker 3>the airport in Miami Airport, sit there till someone was

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<v Speaker 3>going up to for Lauderdale and then once then go

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<v Speaker 3>to for a Lotder airport and wait till someone was

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<v Speaker 3>coming back to Miami and go home. That was all

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<v Speaker 3>I would do. I wasn't out all damn day and

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<v Speaker 3>all night long pick people. I just went from one

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<v Speaker 3>airport to the other and back. After the gym.

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<v Speaker 1>That was it.

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<v Speaker 3>Don't enough enough, I don't. I got told that I

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<v Speaker 3>had complaints. Bear in mind, the city of Miami is

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<v Speaker 3>a third world cluster fuck shit show, and that's more

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<v Speaker 3>true on the roads than anywhere else. That's where it

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<v Speaker 3>all comes. Everything comes to Jesus on the roads. These

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<v Speaker 3>people don't know how to drive. They crash like nothing

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<v Speaker 3>I've ever personally seen. I've driven half a million miles

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<v Speaker 3>in Los Angeles County. I've never seen anything like this.

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<v Speaker 3>They banned me for I got apparently that I got

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<v Speaker 3>two complaints about unsafe driving practices. I must have used

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<v Speaker 3>my turn signal and scared them. Strange as shit, And

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<v Speaker 3>so then what did Uber do? They just sent me

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<v Speaker 3>a message that you go, You're done, no appeal process,

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<v Speaker 3>that's nothing. I set in the peel and it's been

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<v Speaker 3>over a week. Then they don't know what They're not

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<v Speaker 3>going to turn that. I only did this to see

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<v Speaker 3>what would happen. They're not gonna turn that shit.

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<v Speaker 1>So we need an inside plug at Uber. So shout

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<v Speaker 1>out to everybody who missions to know. So this podcast

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<v Speaker 1>or the lunch tables, we need to plug inside Uber

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<v Speaker 1>to get Pete's account overturn. Because how many stars did

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<v Speaker 1>you have as a driver.

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<v Speaker 3>Out of five? Like four point nine and then and

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<v Speaker 3>then I got lowered to four point like eight eight,

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<v Speaker 3>So not real bad, but I mean what I after

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<v Speaker 3>after my spot burned down in California. I drove ten

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<v Speaker 3>hours a day, seven days a week for three or

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<v Speaker 3>four years in a row. Like I didn't take a

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<v Speaker 3>night off work for like fourteen hundred days in a row.

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<v Speaker 3>Like that's probably shortened, shorten it. It was probably more mh.

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<v Speaker 3>But like I mean, you got me. I never I

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<v Speaker 3>never had a complain like that. And usually even if

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<v Speaker 3>you speed the app tracks you you get a messa say,

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<v Speaker 3>it looks like you've been speeding lately. I hadn't had

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<v Speaker 3>none else. I mean, is I personally like, I know

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<v Speaker 3>what happened. A couple people I got a little impatient

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<v Speaker 3>with because they couldn't find where I was because they

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<v Speaker 3>they know it all, which they don't. And they go

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<v Speaker 3>upstairs after they asked me to go downstairs and then

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<v Speaker 3>tell me that they're downstairs. So I'm like, you're not,

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<v Speaker 3>you're upstairs, and they get and they get all chippy,

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<v Speaker 3>and then I tell them, go look at the sign.

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<v Speaker 3>What's to say? Read it to me out loud, and

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<v Speaker 3>they read to me out loud and they go, oh,

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<v Speaker 3>I guess I'm upstairs. I go yeah, But by that

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<v Speaker 3>time I'm pretty pissed. So they probably complained in a

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<v Speaker 3>drive like shit, that's the only thing that could have happened.

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<v Speaker 1>That or twice.

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<v Speaker 3>I only got I only saw one of them, but

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<v Speaker 3>they said it happened twice, but they only said they

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<v Speaker 3>can only document one. So it's whatever I mean.

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<v Speaker 1>You never drove for Lyft.

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<v Speaker 3>I got banned from Lift for life, awesome.

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<v Speaker 1>Pe got banned from Twitter, and I got.

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<v Speaker 3>Banned from every every big Silicon Valley based, multi billion.

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<v Speaker 1>Dollar, every liberal platform possible.

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<v Speaker 3>Basically, I got banned from Lyft though for turning down

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<v Speaker 3>cheap rides at the airport. I didn't even do anything.

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<v Speaker 3>I was just sitting there looking at it. I'm like,

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<v Speaker 3>I don't want that. I don't want that. I don't

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<v Speaker 3>want that. And they're like, you're banned for life, and I.

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<v Speaker 1>Was like, huh, happened. So again, to everybody who listens

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<v Speaker 1>to No Siller's podcast or or come watch the Lunch

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<v Speaker 1>Hour on YouTube if you have a plug. Pete has

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<v Speaker 1>great driving reviews.

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<v Speaker 3>We need you to make sure I want to be back.

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<v Speaker 3>I didn't make more money last week than otherwise.

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<v Speaker 1>Okay, but anyway, we need to make sure we get

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<v Speaker 1>this off of your thing. Anyway, The option should be available,

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<v Speaker 1>so if y'all it's nice to have a back safety

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<v Speaker 1>of that. But yeah, so if the option was possible,

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<v Speaker 1>y'all can help. Please help reach out hit its own

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<v Speaker 1>Instagram and you can help out No Seilings Podcast. What's

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<v Speaker 1>having a gl I got my brother Peter Boss, who

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<v Speaker 1>hasn't been on the Lunch Hour but he's back for

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<v Speaker 1>the No Seilings podcast because he does have time during

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<v Speaker 1>the weekend and knock out the weekly podcast. I got

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<v Speaker 1>my brother King in the house doing the laure's work.

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<v Speaker 1>Then we off with this thing.

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<v Speaker 3>Man, So I hope we should have put upload the

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<v Speaker 3>video here because we finally get a chance to really

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<v Speaker 3>see King. His camera's not so far away.

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<v Speaker 1>Yeah, I can adjust that too at the studio. But

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<v Speaker 1>then I kind of like the wide of it.

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<v Speaker 3>Yeah, no, cool, you've got multiple people at the table.

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<v Speaker 1>Yeah. Yeah, So what you were saying gave me two thoughts,

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<v Speaker 1>and that's why I was asking, and thank you for

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<v Speaker 1>letting me share you know what's happening. But you sent

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<v Speaker 1>me a really dope article and a lot of those

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<v Speaker 1>same things. I was thinking, you know what I mean

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<v Speaker 1>in that article, and the article just talked about how

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<v Speaker 1>America kind of how the elite and the most successful

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<v Speaker 1>people in America realized they could even make more money,

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<v Speaker 1>you know what I mean, and they decided to sell

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<v Speaker 1>out the average American citizen for their own personal glory.

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<v Speaker 1>But one of the things I remember about it in

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<v Speaker 1>this conversation or in this article specifically, and I want

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<v Speaker 1>the address in this conversation was where they talked about

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<v Speaker 1>trading in production for service. Yes, in the industry for service.

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<v Speaker 1>I read it to King too. That's the crazy part.

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<v Speaker 1>I read it to King. Want to say, what, so

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<v Speaker 1>that's the article you read to me? Was driving? Yeah,

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<v Speaker 1>I've read it to King because I just wanted to

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<v Speaker 1>hear him and you could tell it with somebody much

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<v Speaker 1>more educated in it than I am, right, because honestly,

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<v Speaker 1>intellect will get you far. You can't overstep the ability

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<v Speaker 1>to think and process because you're lacking information. But some

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<v Speaker 1>of this stuff feels a little obvious, right, And one

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<v Speaker 1>of those things I thought about was, you know, America

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<v Speaker 1>was a much better place. It might have been a

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<v Speaker 1>little bit more racist, but it was a much better

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<v Speaker 1>place in the fifties and sixties, where the average everyday

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<v Speaker 1>American can go down to a factory you know, and

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<v Speaker 1>start to sacrifice their dreams per se right to buy

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<v Speaker 1>a house, take care of their family, and put their

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<v Speaker 1>kids through school. And they convinced every anybody in America

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<v Speaker 1>that you were going to become a part of marketing

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<v Speaker 1>or like service. And that's what I thought about when

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<v Speaker 1>when you taught me everything that was happening with you

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<v Speaker 1>with uber, where I was like, damn, this is exactly

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<v Speaker 1>that type of thing where it's now just a service thing.

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<v Speaker 3>Yeah, the economy shift happened on like I got hit

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<v Speaker 3>in the face with that when I was twenty four,

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<v Speaker 3>when the entire when like a generations model of like

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<v Speaker 3>how corporate sales worked shifted like on a dime in

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<v Speaker 3>two thousand and eight, and everybody went to like this

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<v Speaker 3>weird like ten ninety nine commission only sales jobs, or

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<v Speaker 3>you were either making two hundred grand or you were

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<v Speaker 3>getting like no money, or they were hiring it.

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<v Speaker 1>And that's what I was thinking about. I was thinking

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<v Speaker 1>about that specifically, like that's one of those things where

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<v Speaker 1>you know, like the concept of convenience is ruined the

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<v Speaker 1>quality of life. Like I watched Dave Chappelle. I'm a

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<v Speaker 1>huge fan of da Chapelle, Like a huge, huge fan

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<v Speaker 1>of day Chapelle, And he was saying, like, we don't

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<v Speaker 1>want those jobs, and he was talking about making shoes,

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<v Speaker 1>and I'm like, Yo, that's not the job he's talking about, right,

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<v Speaker 1>he's talking about like if Trump, if we're talking about

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<v Speaker 1>Trump is like he's talking about the industry jobs and

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<v Speaker 1>how everybody in America felt, oh, we were done with

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<v Speaker 1>those jobs. But whole nations are building, you know, their

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<v Speaker 1>whole economy off of those same exact like opportunities. Sure,

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<v Speaker 1>And what I'm missing, Pete, like, how do they convince

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<v Speaker 1>the industry? How do they convince America? Like America? Why

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<v Speaker 1>can't America see it? Now?

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<v Speaker 3>Like?

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<v Speaker 1>What am I missing? That makes it so hard for

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<v Speaker 1>the average everyday American to understand that.

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<v Speaker 3>Understand the fact that offshoring the productive industry sector had

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<v Speaker 3>ramifications for probably a third to forty percent of the

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<v Speaker 3>quality of life of working Americans.

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<v Speaker 1>Yes, I think like, how could politics? How could politics

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<v Speaker 1>make Americans somehow not notice that this was something driven

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<v Speaker 1>by politics?

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<v Speaker 3>Look people with politics, I mean, and it isn't a

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<v Speaker 3>lot of senses driven by politics in multiple ways. I

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<v Speaker 3>mean I think that like you look at the agricultural

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<v Speaker 3>and like ranching sectors in the United States, which those

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<v Speaker 3>supported lots of people for a long time. You know,

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<v Speaker 3>they've become very consolidated. They don't support as many peoples.

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<v Speaker 1>They used to.

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<v Speaker 3>And a lot has to do with the fact that

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<v Speaker 3>other other countries, I mean, like like all of the

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<v Speaker 3>trade war stuff, people don't think. People think, oh, Donald

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<v Speaker 3>Trump's firing off tariff bombs at every country in the

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<v Speaker 3>world or whatever, Like he's basically shooting back with fifty

0:13:27.120 --> 0:13:29.079
<v Speaker 3>percent of the tariffs that they have on us, just

0:13:29.160 --> 0:13:34.120
<v Speaker 3>about like fifty two percent, it seems like. So that

0:13:34.320 --> 0:13:38.440
<v Speaker 3>means even if there's not a market for certain things

0:13:38.480 --> 0:13:40.160
<v Speaker 3>here that we could make, there might be a market

0:13:40.240 --> 0:13:43.240
<v Speaker 3>for them elsewhere, but it's not even cost effective to

0:13:43.280 --> 0:13:49.320
<v Speaker 3>send them out, So that's problematic. I think people also

0:13:49.440 --> 0:13:52.280
<v Speaker 3>just figured in reality, like a lot of poys looked

0:13:52.280 --> 0:13:55.520
<v Speaker 3>at it, well, Okay, who cares. If everything gets cheaper

0:13:56.559 --> 0:13:58.520
<v Speaker 3>and you make a little bit less money, you'll be

0:13:58.559 --> 0:14:00.640
<v Speaker 3>able to afford it because it's all so much cheaper.

0:14:01.200 --> 0:14:06.040
<v Speaker 3>I think that's the ultimate like frame of reference for

0:14:06.200 --> 0:14:12.359
<v Speaker 3>people in their understanding of consumer globalism.

0:14:14.200 --> 0:14:17.040
<v Speaker 1>Do they not see that you don't have money, so

0:14:17.480 --> 0:14:19.960
<v Speaker 1>these need to be cheaper, Like how could they miss

0:14:20.040 --> 0:14:21.080
<v Speaker 1>that obvious fact?

0:14:22.840 --> 0:14:23.360
<v Speaker 3>Now they.

0:14:24.760 --> 0:14:27.400
<v Speaker 1>Part of that like as a car guard peak. Like

0:14:27.520 --> 0:14:30.160
<v Speaker 1>one thing you hear about I've always heard over the

0:14:30.280 --> 0:14:32.880
<v Speaker 1>last forty years, right this is now we're going back

0:14:32.880 --> 0:14:37.520
<v Speaker 1>to my teenage years, right is I've always heard like,

0:14:39.640 --> 0:14:41.760
<v Speaker 1>oh man, this stuff made in China, Like that's a

0:14:41.880 --> 0:14:46.760
<v Speaker 1>reference of bad quality. Sure, like historically Now I don't

0:14:46.760 --> 0:14:52.160
<v Speaker 1>know if that's being prejudiced, but historically I've read for

0:14:52.240 --> 0:14:55.280
<v Speaker 1>companies that was true. Yeah, I get it because you

0:14:55.280 --> 0:14:58.200
<v Speaker 1>don't want to just say that, but I understand why

0:14:58.280 --> 0:15:01.240
<v Speaker 1>it's that way. So like if prime example, shout out

0:15:01.240 --> 0:15:04.640
<v Speaker 1>to Airflow Research. AIRFRS are like my favorite cylinder heads

0:15:04.640 --> 0:15:06.480
<v Speaker 1>when it comes to drag racing cars. They just got

0:15:06.560 --> 0:15:09.160
<v Speaker 1>a free commercial. It's like one of the best heads ever,

0:15:09.320 --> 0:15:11.080
<v Speaker 1>cetldar heads. If you want to make your car make

0:15:11.120 --> 0:15:15.880
<v Speaker 1>more power AFFR Airflow Research best cetlder heads and racing

0:15:15.960 --> 0:15:20.160
<v Speaker 1>as far as GM stuff for stuff, just really great company.

0:15:20.760 --> 0:15:23.760
<v Speaker 1>They have a head now right that's like a head

0:15:23.800 --> 0:15:27.240
<v Speaker 1>for an LS motor, a cylinder head, and it's like

0:15:27.360 --> 0:15:29.960
<v Speaker 1>a it's like cheap. It's like twelve hundred dollars for

0:15:30.200 --> 0:15:32.640
<v Speaker 1>set for like a five to three. Well, five to

0:15:32.720 --> 0:15:35.240
<v Speaker 1>three is like the equivalent of a modern three twenty seven.

0:15:36.200 --> 0:15:38.640
<v Speaker 1>But the new motors and chevrolets, they you know, they

0:15:38.920 --> 0:15:42.960
<v Speaker 1>don't title them in cubic inch anymore. They have a

0:15:43.040 --> 0:15:45.640
<v Speaker 1>set of heads for those that run twelve hundred. Now,

0:15:45.680 --> 0:15:50.400
<v Speaker 1>this is like, by far the cheapest head Airflow Research

0:15:50.480 --> 0:15:55.240
<v Speaker 1>ever had. And I'm asking a buddy of minds. Now,

0:15:55.480 --> 0:15:59.280
<v Speaker 1>I have a really good friend who actually designed the

0:15:59.360 --> 0:16:02.440
<v Speaker 1>Airflow Research heads, which is crazy, Like, this is how

0:16:02.520 --> 0:16:04.880
<v Speaker 1>long I've been in the racing. This is how much

0:16:04.960 --> 0:16:07.560
<v Speaker 1>I'm into it. A buddy of minds who helped me

0:16:07.680 --> 0:16:11.000
<v Speaker 1>do my head race card, right, is actually the guy

0:16:11.600 --> 0:16:14.400
<v Speaker 1>who designed the heads for Airflow Research. And he said,

0:16:14.600 --> 0:16:16.600
<v Speaker 1>he said, but why these head so cheap? I asked him.

0:16:16.600 --> 0:16:19.360
<v Speaker 1>I was like, man, I it's I'm my lowrider for

0:16:19.480 --> 0:16:22.040
<v Speaker 1>my five three. He said, man, glasses, those heads are junk.

0:16:22.480 --> 0:16:24.320
<v Speaker 1>Like what you mean they junk? He's like, man, their

0:16:24.360 --> 0:16:27.320
<v Speaker 1>heads made in China. I'm like, damn, airflow heads fucking

0:16:27.360 --> 0:16:30.120
<v Speaker 1>made in China. This is fucking crazy. He's like, all

0:16:30.200 --> 0:16:35.760
<v Speaker 1>the airflow heads are made in China, right, he said.

0:16:35.800 --> 0:16:37.920
<v Speaker 1>The difference is they would get the cast done in

0:16:38.040 --> 0:16:39.920
<v Speaker 1>China and then they would ship them here and then

0:16:40.080 --> 0:16:45.360
<v Speaker 1>do the actual detailed labor to get the quality that

0:16:45.480 --> 0:16:48.600
<v Speaker 1>we expect from airflow research. And I heard the other

0:16:48.720 --> 0:16:52.280
<v Speaker 1>day in like the person's market, right in the bag

0:16:52.440 --> 0:16:56.640
<v Speaker 1>market for women's purses, they're doing the same thing. Yeah.

0:16:57.640 --> 0:17:00.720
<v Speaker 1>So right now, it's almost like the organic thing. You

0:17:00.840 --> 0:17:04.000
<v Speaker 1>could say made in America. If you assemble it in America.

0:17:04.200 --> 0:17:07.720
<v Speaker 1>That means the actual material could be cast in China

0:17:08.320 --> 0:17:10.520
<v Speaker 1>or made in China, as long as you assemble part

0:17:10.560 --> 0:17:13.400
<v Speaker 1>of it in America, a specific part of it in America.

0:17:13.760 --> 0:17:14.160
<v Speaker 3>That's true.

0:17:14.280 --> 0:17:22.320
<v Speaker 1>Beef yep, So it becomes legal terms versus what the

0:17:22.480 --> 0:17:23.600
<v Speaker 1>actual term means.

0:17:23.760 --> 0:17:26.240
<v Speaker 3>I think if you cut the beef in the United States,

0:17:26.640 --> 0:17:29.920
<v Speaker 3>it can be USDA beef. The cow didn't have to

0:17:29.960 --> 0:17:33.920
<v Speaker 3>be from here, not that it probably matters all that

0:17:34.040 --> 0:17:38.399
<v Speaker 3>much where the hell cow's eating grass, but there are

0:17:39.359 --> 0:17:44.720
<v Speaker 3>certain standards, yeah, as to the grass and the environment

0:17:44.760 --> 0:17:47.280
<v Speaker 3>and all the rest, and it matters for US rancher.

0:17:48.200 --> 0:17:54.720
<v Speaker 1>So it's like all of this stuff that I'm figuring

0:17:54.720 --> 0:17:58.040
<v Speaker 1>out is now making Trump look a lot less crazy

0:17:58.160 --> 0:18:02.200
<v Speaker 1>to me. Like imagine being on the other end ofnet

0:18:02.320 --> 0:18:08.080
<v Speaker 1>right and taking advantage of everything you know, like and

0:18:08.160 --> 0:18:10.480
<v Speaker 1>you have enough information to take advantage of it. But

0:18:10.560 --> 0:18:12.760
<v Speaker 1>you're like, man, I'm telling you, y'all think this is cool,

0:18:12.800 --> 0:18:14.520
<v Speaker 1>but look at this. This is bullshit. This is this,

0:18:14.720 --> 0:18:16.600
<v Speaker 1>this is that, And that's been his thing.

0:18:17.119 --> 0:18:20.000
<v Speaker 3>I remember the first debate he had with Hillary Clinton,

0:18:20.200 --> 0:18:25.919
<v Speaker 3>a viral clip where he was saying, that's somebody accused

0:18:26.000 --> 0:18:29.280
<v Speaker 3>him of like paying off politicians or something when he

0:18:29.400 --> 0:18:33.640
<v Speaker 3>was in you know, developing buildings or whatever. And he says, yeah,

0:18:33.680 --> 0:18:36.240
<v Speaker 3>because otherwise nothing could ever get done. He's like, you

0:18:36.359 --> 0:18:39.000
<v Speaker 3>have to do that, otherwise you're never going to get

0:18:39.000 --> 0:18:44.000
<v Speaker 3>a permit. I had to contribute to Hillary Clinton's Senate campaign.

0:18:44.040 --> 0:18:48.240
<v Speaker 3>That's why she came to my kid's wedding, something along

0:18:48.320 --> 0:18:51.520
<v Speaker 3>those lines. And it's that's that's been his kind of

0:18:51.680 --> 0:18:53.640
<v Speaker 3>mo o and that is very true, and I think

0:18:53.640 --> 0:18:58.600
<v Speaker 3>a lot of the issues now are The name of

0:18:58.640 --> 0:19:00.680
<v Speaker 3>this book that I read last year was a great book,

0:19:01.480 --> 0:19:04.359
<v Speaker 3>Guilder's latest book called Life After Capitalism. We are in

0:19:04.400 --> 0:19:06.640
<v Speaker 3>a post like people like to people I think think

0:19:06.760 --> 0:19:11.679
<v Speaker 3>getting money means capitalism, we are in a very post

0:19:12.040 --> 0:19:18.440
<v Speaker 3>capitalist global economy. The regulations are so great on so

0:19:18.520 --> 0:19:20.480
<v Speaker 3>many levels, not only like what you can and can't do,

0:19:20.640 --> 0:19:25.480
<v Speaker 3>but financially how you can and can borrow international trade

0:19:25.880 --> 0:19:31.080
<v Speaker 3>tariff deals where you have to do certain things certain

0:19:31.160 --> 0:19:35.400
<v Speaker 3>way all the time. It's there's not a robust free

0:19:35.520 --> 0:19:39.520
<v Speaker 3>market where you can just have the drive, have the idea,

0:19:40.240 --> 0:19:43.639
<v Speaker 3>raise some money and go. It's not. That's not the

0:19:43.680 --> 0:19:45.280
<v Speaker 3>world we live in right now. Unfortunately.

0:19:51.119 --> 0:19:54.320
<v Speaker 1>That shit just blowing me away, Like some shit could

0:19:54.400 --> 0:19:57.000
<v Speaker 1>be made in China, it's cast in China, but because

0:19:57.040 --> 0:19:58.800
<v Speaker 1>they'll work on it here, they could say this is

0:19:58.880 --> 0:20:03.080
<v Speaker 1>made in America. Mhm. Or like I was telling King

0:20:03.119 --> 0:20:05.720
<v Speaker 1>about organic, like organic is more of a legal term

0:20:05.800 --> 0:20:08.360
<v Speaker 1>than actually what you would think that means. It goes

0:20:08.400 --> 0:20:10.600
<v Speaker 1>back to that same letter in spirit of the law,

0:20:11.600 --> 0:20:14.000
<v Speaker 1>like the spirit of organic, what makes you think is

0:20:14.040 --> 0:20:17.600
<v Speaker 1>grown naturally? But that may not be the letter of

0:20:17.760 --> 0:20:22.800
<v Speaker 1>what organic means or USDA means, or made in America means.

0:20:24.000 --> 0:20:26.480
<v Speaker 4>Not very true, That's all I was just reading just

0:20:26.640 --> 0:20:30.359
<v Speaker 4>now where USDA got a certification program that they do

0:20:30.520 --> 0:20:33.199
<v Speaker 4>with other countries for organic fruits and vegetables.

0:20:34.320 --> 0:20:35.160
<v Speaker 1>It's got to meet their.

0:20:35.119 --> 0:20:38.000
<v Speaker 4>Certain requirements in other companies in USD would live them

0:20:38.040 --> 0:20:39.240
<v Speaker 4>say it's made in us.

0:20:41.320 --> 0:20:41.879
<v Speaker 3>Oh, gotcha.

0:20:42.040 --> 0:20:43.520
<v Speaker 1>Yeah, and I.

0:20:45.200 --> 0:20:51.520
<v Speaker 3>Organic is there's some slippery language I think in all

0:20:51.560 --> 0:20:52.480
<v Speaker 3>the organic laws.

0:20:52.880 --> 0:20:53.920
<v Speaker 1>Listen to a guy.

0:20:55.240 --> 0:20:58.159
<v Speaker 3>Talk about that who's one of the big grower is

0:20:58.200 --> 0:21:00.440
<v Speaker 3>it one of the heads of the big grower associates,

0:21:00.480 --> 0:21:02.280
<v Speaker 3>like you know, they have co ops in the Central

0:21:02.359 --> 0:21:06.679
<v Speaker 3>Valley in California and saying like some of youre organic,

0:21:06.920 --> 0:21:11.160
<v Speaker 3>you might like there's a period of time like any

0:21:11.320 --> 0:21:17.040
<v Speaker 3>pesticide made before or after whatever can't be organic. So

0:21:17.160 --> 0:21:20.600
<v Speaker 3>people use these old archaic ways to kill bugs that

0:21:20.680 --> 0:21:24.840
<v Speaker 3>are actually like less healthy than some of the modern

0:21:24.920 --> 0:21:29.399
<v Speaker 3>pesticides because you know, to a loophole in this organic

0:21:29.480 --> 0:21:32.399
<v Speaker 3>certification process, people still don't want bugs.

0:21:34.320 --> 0:21:36.840
<v Speaker 1>So how could polit seems to be so good that

0:21:37.000 --> 0:21:40.359
<v Speaker 1>people miss something that seems so obvious to me? Right, Pete,

0:21:40.359 --> 0:21:44.440
<v Speaker 1>I'm probably the most racist person you know, top of ten,

0:21:45.240 --> 0:21:48.400
<v Speaker 1>I gotta be up there. I'm hello racist, But how

0:21:48.480 --> 0:21:51.080
<v Speaker 1>can I see the obviousness of what the fuck this

0:21:51.280 --> 0:21:54.480
<v Speaker 1>motherfuck or people talking about in general? Like how can

0:21:54.600 --> 0:21:57.760
<v Speaker 1>I it be that obvious to me but to everybody

0:21:57.840 --> 0:22:01.920
<v Speaker 1>else who's supposed to be less races or not into politics,

0:22:02.040 --> 0:22:05.400
<v Speaker 1>Like I don't get that shit, you know what I mean?

0:22:05.640 --> 0:22:09.879
<v Speaker 1>I don't get it. I don't understand how. I'm like,

0:22:10.040 --> 0:22:12.639
<v Speaker 1>it looks pretty obvious to me. Is it possible? It

0:22:12.720 --> 0:22:15.600
<v Speaker 1>is different, but you would think that what's happening makes sense.

0:22:15.960 --> 0:22:19.400
<v Speaker 1>It's like, okay, well you need to bring productivity back

0:22:19.480 --> 0:22:22.600
<v Speaker 1>to America. Yeah, it may not look like it looked

0:22:23.440 --> 0:22:27.440
<v Speaker 1>in the sixties technology, right, but you still have more

0:22:27.640 --> 0:22:30.760
<v Speaker 1>jobs here that would help more people here so they

0:22:30.760 --> 0:22:31.840
<v Speaker 1>could have more money here.

0:22:32.560 --> 0:22:38.920
<v Speaker 3>Yeah. And look, anytime something bad has happened, even small bad,

0:22:39.440 --> 0:22:43.080
<v Speaker 3>there's a lot of protected from ever happening again, you know.

0:22:43.960 --> 0:22:49.080
<v Speaker 3>And like one thing I've noticed it it's harder to

0:22:49.720 --> 0:22:52.480
<v Speaker 3>afford a house. Will create some sort of federal program

0:22:52.560 --> 0:22:56.760
<v Speaker 3>where you can put three percent down at whatever rate,

0:22:56.920 --> 0:22:59.080
<v Speaker 3>and that drives up the price of the house because

0:22:59.119 --> 0:23:02.560
<v Speaker 3>you don't have to have very much money down to

0:23:02.640 --> 0:23:05.440
<v Speaker 3>get the house. So you're making less of money. The

0:23:05.480 --> 0:23:08.720
<v Speaker 3>house is more expensive. So you're paying off the house

0:23:10.280 --> 0:23:17.440
<v Speaker 3>for yeah, thirty years, and you have a raiser with

0:23:18.280 --> 0:23:21.840
<v Speaker 3>you know, cost of living margin for thirty years, and

0:23:21.960 --> 0:23:28.840
<v Speaker 3>you're dependent now on your stock portfolio to support you

0:23:29.640 --> 0:23:32.320
<v Speaker 3>for the rest of your life. And you're just transit.

0:23:32.400 --> 0:23:34.560
<v Speaker 3>People are just walking through like a turnstile at a

0:23:34.920 --> 0:23:39.080
<v Speaker 3>department store going from mortgage to reverse mortgage, because when

0:23:39.080 --> 0:23:40.520
<v Speaker 3>it's talking to you to retire, you got to take

0:23:40.520 --> 0:23:43.440
<v Speaker 3>all the money out of that house, reverse mortgage it out,

0:23:43.760 --> 0:23:45.879
<v Speaker 3>and live off your four o one k because the

0:23:45.960 --> 0:23:49.520
<v Speaker 3>stocks in it all went up seven percent over the

0:23:49.600 --> 0:23:53.439
<v Speaker 3>course of the previous two decades because they cut costs

0:23:53.520 --> 0:23:57.840
<v Speaker 3>to increase you know, their bottom line margins and drive

0:23:57.920 --> 0:24:02.240
<v Speaker 3>up the price of stock. So that that's most Americans,

0:24:02.480 --> 0:24:05.440
<v Speaker 3>like the the high part of the Bell curve is

0:24:06.400 --> 0:24:12.800
<v Speaker 3>mortgage four oh one k extremely dependent on the you know,

0:24:13.320 --> 0:24:20.400
<v Speaker 3>basically the index aggregate performances of Wall Street and huge companies.

0:24:22.480 --> 0:24:26.560
<v Speaker 3>And that's true with like especially like government employees with

0:24:26.680 --> 0:24:30.840
<v Speaker 3>huge pensions. They're very buoyed to the market. And that's

0:24:31.400 --> 0:24:33.479
<v Speaker 3>a lot of like, like I know, Black Rock has

0:24:33.720 --> 0:24:37.760
<v Speaker 3>trillions of dollars, like trillions and trillions of dollars in

0:24:38.160 --> 0:24:41.879
<v Speaker 3>their of their portfolio of assets in management that are

0:24:42.720 --> 0:24:47.000
<v Speaker 3>government employee pension funds. So it's just borrow money now,

0:24:48.240 --> 0:24:51.240
<v Speaker 3>drive up the prices of equities, tie your retirement and

0:24:51.280 --> 0:24:54.400
<v Speaker 3>your net worth into these equities, deal with it later,

0:24:54.960 --> 0:24:59.200
<v Speaker 3>and you know, will inflate the dollar, will increase the

0:24:59.240 --> 0:25:02.040
<v Speaker 3>debt will do all these various things, will offshore jobs,

0:25:02.080 --> 0:25:04.760
<v Speaker 3>you'll make relatively less money, things will cost relatively more,

0:25:04.800 --> 0:25:09.880
<v Speaker 3>and in the back end you'll be fine and your

0:25:09.960 --> 0:25:12.240
<v Speaker 3>kids will have your same problem a little worse.

0:25:12.520 --> 0:25:16.840
<v Speaker 4>But go on, hey, Pete, how does that affect the

0:25:16.880 --> 0:25:19.760
<v Speaker 4>poor people that's not buying into pensions at work and

0:25:19.840 --> 0:25:20.440
<v Speaker 4>stuff like that.

0:25:21.480 --> 0:25:27.120
<v Speaker 3>Not well, I mean, I guess the argue would say,

0:25:27.160 --> 0:25:30.159
<v Speaker 3>like if you were really poor and didn't have a

0:25:30.280 --> 0:25:32.359
<v Speaker 3>job to pay you very much money before, you probably

0:25:33.359 --> 0:25:35.280
<v Speaker 3>wouldn't have a job pay you much money now. Not

0:25:35.400 --> 0:25:38.639
<v Speaker 3>a huge change, but for there is a significant check

0:25:38.680 --> 0:25:43.320
<v Speaker 3>of people who went from being an auto workers' union

0:25:43.520 --> 0:25:48.840
<v Speaker 3>to being a part time waiter now at two diners

0:25:49.040 --> 0:25:52.200
<v Speaker 3>or something like that. You know, and that's a that

0:25:52.400 --> 0:25:54.200
<v Speaker 3>is a real number. That is a lot of people,

0:25:54.520 --> 0:25:57.800
<v Speaker 3>and that is a beating of a lifestyle change.

0:25:58.280 --> 0:25:59.320
<v Speaker 1>How do you reverse that?

0:26:01.840 --> 0:26:04.680
<v Speaker 3>That's kind of like what they're trying to do now.

0:26:04.720 --> 0:26:11.560
<v Speaker 3>I mean, you can try to ensure more production, I think,

0:26:11.600 --> 0:26:14.600
<v Speaker 3>I mean, we even outsourced a lot of production of

0:26:14.640 --> 0:26:17.119
<v Speaker 3>military hardware, which that's governing money. There's no reason that

0:26:17.119 --> 0:26:20.160
<v Speaker 3>should be cent overseas. No, we have contracts with India

0:26:20.200 --> 0:26:20.680
<v Speaker 3>and stuff like that.

0:26:21.080 --> 0:26:22.600
<v Speaker 1>I mean, just from a.

0:26:24.760 --> 0:26:28.480
<v Speaker 3>You know, civil responsibility standpoint, if you're gonna take tax

0:26:28.560 --> 0:26:34.600
<v Speaker 3>dollars to manufacture thing, you should at least manufactured here. Fuck,

0:26:34.720 --> 0:26:36.400
<v Speaker 3>it seemed like a real high.

0:26:36.240 --> 0:26:38.919
<v Speaker 1>Bar, and that's what's driving me crazy.

0:26:39.040 --> 0:26:39.560
<v Speaker 4>Like I'm.

0:26:41.640 --> 0:26:48.760
<v Speaker 1>Okay, So what I'm starting to understand is there's my

0:26:48.960 --> 0:26:54.280
<v Speaker 1>belief is so I am I genuinely feel not could

0:26:54.359 --> 0:26:57.240
<v Speaker 1>be Obviously I need to do more research. I'm I'm

0:26:57.280 --> 0:27:01.160
<v Speaker 1>a socialist, right, yes, but I also believe in humans

0:27:01.400 --> 0:27:04.920
<v Speaker 1>doing right by humans. Like I think if the government

0:27:05.160 --> 0:27:08.280
<v Speaker 1>is forced to do right by humans, then that comes

0:27:08.440 --> 0:27:11.000
<v Speaker 1>a communist society. Does that makes sense? Is that is that?

0:27:11.320 --> 0:27:14.600
<v Speaker 1>I'm sure it's more difference, but like people like.

0:27:16.119 --> 0:27:17.919
<v Speaker 3>Huh or said, it's quite a less difference.

0:27:19.600 --> 0:27:22.280
<v Speaker 1>Okay, But like people like Milton Hershey right, where like

0:27:22.600 --> 0:27:26.520
<v Speaker 1>you have a good idea, you create town, right, you

0:27:26.920 --> 0:27:29.560
<v Speaker 1>you bring people in, you take care of people future,

0:27:29.640 --> 0:27:34.520
<v Speaker 1>and you're wealthy and developing human life, you know, human lives,

0:27:34.680 --> 0:27:39.040
<v Speaker 1>human experience, cultivating human experiences, not just your customer, but

0:27:39.280 --> 0:27:41.440
<v Speaker 1>even the people that for you, right, which is why

0:27:41.520 --> 0:27:44.560
<v Speaker 1>we have Hershey's right. This is this great chocolate company

0:27:45.280 --> 0:27:48.520
<v Speaker 1>and you know not that I but really the greatest

0:27:48.560 --> 0:27:51.359
<v Speaker 1>part of this legacy to me, it's Hershey, Pennsylvania, right

0:27:51.400 --> 0:27:54.800
<v Speaker 1>where you created a town where you you you got

0:27:54.920 --> 0:27:58.560
<v Speaker 1>human beings into careers, You built schools, You built an

0:27:58.680 --> 0:28:01.879
<v Speaker 1>opportunity for other you men who are not in your

0:28:02.000 --> 0:28:04.760
<v Speaker 1>position or you know, to be able to take care

0:28:04.760 --> 0:28:08.679
<v Speaker 1>of their families. That's to me like what wealthy means, right,

0:28:08.760 --> 0:28:13.639
<v Speaker 1>it's a well of things you build in humans. So

0:28:13.840 --> 0:28:17.119
<v Speaker 1>it's weird when like people keep trying to get me

0:28:17.240 --> 0:28:21.320
<v Speaker 1>to adjust my mind state of like this personal independence, like, oh,

0:28:21.400 --> 0:28:24.760
<v Speaker 1>you know, you just live aspirationally. You know, the way

0:28:24.880 --> 0:28:27.600
<v Speaker 1>to help black people is to show them you could

0:28:27.600 --> 0:28:29.119
<v Speaker 1>do it and then they'll figure out they could do it.

0:28:29.160 --> 0:28:31.600
<v Speaker 1>And I'm like, that's dumb as fuck, you know what

0:28:31.600 --> 0:28:35.320
<v Speaker 1>I mean, Like I'm from a gang. Bro Like, y'all

0:28:35.400 --> 0:28:37.720
<v Speaker 1>know I'm from a gang. Everybody listens, No siblings knows

0:28:37.760 --> 0:28:44.959
<v Speaker 1>that from a gang. But yeah, right, So I remember

0:28:45.040 --> 0:28:47.840
<v Speaker 1>talking to my homies and looking at their opportunities and

0:28:47.920 --> 0:28:50.720
<v Speaker 1>how they saw the world. My homeboy, Moto rest Is Soul,

0:28:50.800 --> 0:28:54.040
<v Speaker 1>dropped out in like fifth or sixth grade. His mom,

0:28:54.240 --> 0:28:56.160
<v Speaker 1>you know, rest in Peaces. Soone his mom was on

0:28:56.520 --> 0:28:58.520
<v Speaker 1>you know, she got she caught the worst of the

0:28:58.560 --> 0:29:03.280
<v Speaker 1>crack era, right, Pops, I don't know, because Pops, I

0:29:03.440 --> 0:29:05.040
<v Speaker 1>never met him. You know, I've been knowing Moto since

0:29:05.080 --> 0:29:07.280
<v Speaker 1>he was probably seven or eight, right, But I just

0:29:07.440 --> 0:29:10.360
<v Speaker 1>looked at our experiences. Right, my mother and father broke up.

0:29:10.680 --> 0:29:15.000
<v Speaker 1>But my mother, my dad, and my stepmom, you feel me,

0:29:15.120 --> 0:29:17.640
<v Speaker 1>they had a solid home. Neither one of them, you know,

0:29:18.320 --> 0:29:20.920
<v Speaker 1>fell victim to the crack air. My mother, you know,

0:29:21.080 --> 0:29:23.880
<v Speaker 1>had her own home and content. She didn't fall victim

0:29:23.920 --> 0:29:26.400
<v Speaker 1>to the crack air. So I look at my foundation

0:29:26.640 --> 0:29:29.480
<v Speaker 1>and things to keep me going, staying in school, and

0:29:29.680 --> 0:29:32.320
<v Speaker 1>obviously my mom goes to the FEDS. Right when I'm

0:29:32.440 --> 0:29:34.960
<v Speaker 1>a teenager. My father got a lot of kids. He's

0:29:35.000 --> 0:29:37.560
<v Speaker 1>trying to take care of the house, you know. And

0:29:37.880 --> 0:29:40.000
<v Speaker 1>it was just a small moment of time that I

0:29:40.120 --> 0:29:42.280
<v Speaker 1>was able to slip off end of selling drugs, which

0:29:42.360 --> 0:29:46.720
<v Speaker 1>kind of created my level of street life. And I

0:29:46.840 --> 0:29:50.280
<v Speaker 1>look at his life and realized to myself, like, yo,

0:29:50.360 --> 0:29:52.680
<v Speaker 1>he never had a chance. So I don't care how

0:29:52.760 --> 0:29:56.640
<v Speaker 1>successful I How could I help him aspirationally, Like if

0:29:56.680 --> 0:29:58.680
<v Speaker 1>I can't reach out, like shout out to my homeboy, Snoopy.

0:29:58.720 --> 0:30:02.800
<v Speaker 1>My homeboy Junior Junior right now got about ten years

0:30:02.920 --> 0:30:07.720
<v Speaker 1>in prison, one of my closest homeboys. He my young homeboy,

0:30:08.280 --> 0:30:10.600
<v Speaker 1>and we're talking. We're texting every day.

0:30:10.680 --> 0:30:10.760
<v Speaker 3>Right.

0:30:10.840 --> 0:30:13.080
<v Speaker 1>They have a tablet in there. He's using a tablet

0:30:13.160 --> 0:30:14.360
<v Speaker 1>and I'm like, man, what you're gonna do when you

0:30:14.440 --> 0:30:16.720
<v Speaker 1>come home? He's like, man, I don't know. Now. Mayu

0:30:16.840 --> 0:30:19.680
<v Speaker 1>Junior is working on forty. He not quite forty, but

0:30:19.760 --> 0:30:24.400
<v Speaker 1>he's working on forty. To me, that's the Milton Hershey thing,

0:30:24.640 --> 0:30:27.720
<v Speaker 1>like what drives me to get better at what we do? Right,

0:30:27.840 --> 0:30:30.200
<v Speaker 1>king in his music industry and trying to redefind it

0:30:30.680 --> 0:30:32.840
<v Speaker 1>is the first time my homeboy. Look, Jay came on.

0:30:33.600 --> 0:30:37.440
<v Speaker 1>Jerome came on from prison after doing fifteen years. He's

0:30:37.520 --> 0:30:42.640
<v Speaker 1>back in prison now. But Jerome aka scaff Right Scavenger,

0:30:42.920 --> 0:30:45.800
<v Speaker 1>Look Jay, he comes home and he needs a career.

0:30:46.040 --> 0:30:48.320
<v Speaker 1>He doesn't need a job. He needs a career to

0:30:48.440 --> 0:30:51.800
<v Speaker 1>keep him busy, to keep him into things. Because again,

0:30:52.120 --> 0:30:55.600
<v Speaker 1>he was raised by his grandparents. You know that it's

0:30:55.640 --> 0:30:58.240
<v Speaker 1>a separation of time. It's harder for grandparents to stay

0:30:58.280 --> 0:30:59.960
<v Speaker 1>on kids, like it's hard for my mom and dad

0:31:00.080 --> 0:31:03.480
<v Speaker 1>had to stay on their grandkids. You know, that's why

0:31:04.080 --> 0:31:06.200
<v Speaker 1>you know my sister Edon is so important that she

0:31:06.280 --> 0:31:10.360
<v Speaker 1>got to stay on them. So nothing I did aspirationally

0:31:10.520 --> 0:31:13.800
<v Speaker 1>helps scab or look, you know, drown. Nothing I can

0:31:13.840 --> 0:31:18.000
<v Speaker 1>do aspirationally is going to help Moto rest is soul. Nothing.

0:31:18.080 --> 0:31:20.800
<v Speaker 1>In real time, it didn't matter how Sobro was. It

0:31:20.880 --> 0:31:22.880
<v Speaker 1>didn't matter if I was making money, It didn't matter

0:31:23.120 --> 0:31:25.720
<v Speaker 1>none of that stuff, because his problems was his problems.

0:31:26.120 --> 0:31:28.280
<v Speaker 1>The only thing that could have helped him if I

0:31:28.360 --> 0:31:30.520
<v Speaker 1>had a fucking factory and they could say, hey man,

0:31:31.040 --> 0:31:32.800
<v Speaker 1>you know at this time, hey Moto, I can give

0:31:32.800 --> 0:31:37.800
<v Speaker 1>you sixty thousand dollars a year at a time in watch,

0:31:37.800 --> 0:31:40.239
<v Speaker 1>you can get a house and watch for ninety thousand dollars. Right,

0:31:40.320 --> 0:31:43.160
<v Speaker 1>that's a seven hundred dollars mortgage payment at that time. Right,

0:31:43.200 --> 0:31:46.400
<v Speaker 1>he could have had five thousand dollars a month before taxes,

0:31:46.440 --> 0:31:48.480
<v Speaker 1>maybe forty one hundred or thirty nine hundred at of

0:31:48.480 --> 0:31:51.160
<v Speaker 1>the taxes, we could have bought a house and moved

0:31:51.200 --> 0:31:53.880
<v Speaker 1>on with his life. Same thing for little Jay Junior

0:31:54.000 --> 0:31:56.760
<v Speaker 1>right now, Junior, who's like I said, he's like, I

0:31:56.800 --> 0:31:59.720
<v Speaker 1>don't know what I'm gonna do, right, because he dedicated

0:31:59.760 --> 0:32:05.040
<v Speaker 1>so much much time. And that is what being a

0:32:05.160 --> 0:32:07.840
<v Speaker 1>great human is all about. It's not about me personally

0:32:07.920 --> 0:32:10.000
<v Speaker 1>going out making a bunch of money that I don't need.

0:32:11.120 --> 0:32:13.920
<v Speaker 1>It means how you take care of other humans. Same

0:32:14.080 --> 0:32:17.920
<v Speaker 1>conversation that we've had often, right, being humane is caring

0:32:17.960 --> 0:32:21.760
<v Speaker 1>for other humans. And these are three certain homies. They

0:32:21.920 --> 0:32:26.280
<v Speaker 1>all three different. Junior situation is different than Little J situation,

0:32:27.080 --> 0:32:30.880
<v Speaker 1>lit J Jeronskaff his situation was different than Moto situation.

0:32:31.480 --> 0:32:37.280
<v Speaker 1>But aspirational don't help shit nothing, And I gotta figure

0:32:37.320 --> 0:32:41.320
<v Speaker 1>it out because he's probably three years in counting. Feel

0:32:41.360 --> 0:32:45.480
<v Speaker 1>me like on what to do. People can't understand why

0:32:45.560 --> 0:32:48.800
<v Speaker 1>you feel tasked by that. That's what hip hop or

0:32:48.920 --> 0:32:54.080
<v Speaker 1>gangbang it really is. It's the burden of humans. That's

0:32:54.120 --> 0:32:57.040
<v Speaker 1>what being a good human is. It's the burden of humans.

0:32:57.120 --> 0:32:59.880
<v Speaker 1>So when I watch America or you know, it empowers

0:33:00.120 --> 0:33:02.600
<v Speaker 1>the elite to say, hey, you know, make your money

0:33:02.640 --> 0:33:04.880
<v Speaker 1>how you want. We want to open up a global economy,

0:33:05.040 --> 0:33:07.840
<v Speaker 1>and you trade on you trade in people having to

0:33:08.000 --> 0:33:10.880
<v Speaker 1>be good to who lives next door to them for

0:33:11.040 --> 0:33:15.320
<v Speaker 1>their own personal aspiration of world conquests and world conquests

0:33:15.320 --> 0:33:17.680
<v Speaker 1>and economics and they could just go to China and

0:33:17.760 --> 0:33:20.840
<v Speaker 1>take advantage of some other people when you just outlawed

0:33:20.880 --> 0:33:25.640
<v Speaker 1>the same thing in this country. It just seems counterproductive,

0:33:25.800 --> 0:33:27.680
<v Speaker 1>if that, If that makes sense, forgive me for that.

0:33:28.440 --> 0:33:30.440
<v Speaker 1>Hella not true.

0:33:31.360 --> 0:33:40.200
<v Speaker 3>It's a past the buck kind of approach, just passing

0:33:40.240 --> 0:33:40.560
<v Speaker 3>the buck.

0:33:40.640 --> 0:33:42.560
<v Speaker 1>Huh. Yeah, And I don't know.

0:33:45.120 --> 0:33:51.920
<v Speaker 3>China's economy is not the most transparent, so I really

0:33:51.960 --> 0:33:55.840
<v Speaker 3>don't know as much about it as i'd want to

0:33:56.320 --> 0:34:00.280
<v Speaker 3>to make the assessments that I want to make. Like,

0:34:00.360 --> 0:34:02.480
<v Speaker 3>I know, they have the weaker thing going on, and

0:34:02.520 --> 0:34:08.920
<v Speaker 3>that's pretty brutal. Their entire manufacturing economy is not the

0:34:08.960 --> 0:34:11.480
<v Speaker 3>weakers and they have pulled a lot of people out

0:34:11.520 --> 0:34:15.080
<v Speaker 3>of I mean, that was a poor, poor, poor country.

0:34:15.640 --> 0:34:17.840
<v Speaker 3>They were too poor to feed their people in the fifties,

0:34:17.920 --> 0:34:20.919
<v Speaker 3>Like they lost eighty million people, Like they were poor.

0:34:21.920 --> 0:34:26.120
<v Speaker 3>So they've they've had some growth trajectory, but still, I mean,

0:34:26.200 --> 0:34:29.399
<v Speaker 3>like I think they're a little over twenty trillion as

0:34:29.440 --> 0:34:32.799
<v Speaker 3>a GDP for their country. Their population is a little old,

0:34:32.920 --> 0:34:35.840
<v Speaker 3>that's about one point what three or four trillion, So

0:34:36.040 --> 0:34:37.480
<v Speaker 3>I think they're like.

0:34:39.040 --> 0:34:40.719
<v Speaker 1>I got at they don't have a treating people here.

0:34:40.960 --> 0:34:44.520
<v Speaker 3>Sorry, billion I'm sorry, trillions and billions.

0:34:44.239 --> 0:34:47.200
<v Speaker 1>In the field because because I got to stay up moment,

0:34:48.400 --> 0:34:52.600
<v Speaker 1>you fucking mynds you changed that. Yah, they had a

0:34:52.640 --> 0:34:58.320
<v Speaker 1>lot of kids. If you think about all of those countries, uh, China, India,

0:34:58.920 --> 0:35:02.120
<v Speaker 1>it's those are really poor or places, but a lot

0:35:02.200 --> 0:35:06.480
<v Speaker 1>of them are lifting the country out of those type

0:35:06.520 --> 0:35:12.320
<v Speaker 1>of devastations through industry. True, Yet we sold our industry out, like,

0:35:14.320 --> 0:35:17.880
<v Speaker 1>except the America is okay. So there's one part of America, right,

0:35:17.960 --> 0:35:23.040
<v Speaker 1>the elite benefiting economically, and then the regular every day American. Right,

0:35:23.400 --> 0:35:28.319
<v Speaker 1>they're like just getting a cheaply made, cheaply priced product. Yeah,

0:35:28.480 --> 0:35:30.640
<v Speaker 1>Like I was telling King, we made we made a

0:35:30.719 --> 0:35:32.200
<v Speaker 1>deal for this merch piece that we were about to

0:35:32.280 --> 0:35:35.080
<v Speaker 1>drop for the single, right for the single that's about

0:35:35.080 --> 0:35:38.200
<v Speaker 1>to come out in a couple of weeks, and like

0:35:38.400 --> 0:35:40.800
<v Speaker 1>my whole thing, Like I told King, Like, the original

0:35:40.880 --> 0:35:44.080
<v Speaker 1>price of this jacket was like one hundred dollars, right,

0:35:44.200 --> 0:35:45.839
<v Speaker 1>that was the price because I thought we was gonna

0:35:45.840 --> 0:35:49.080
<v Speaker 1>be in a jacket forty fifty dollars, right, We end

0:35:49.200 --> 0:35:51.239
<v Speaker 1>up probably be in a jacket a little less than

0:35:52.040 --> 0:35:54.000
<v Speaker 1>forty dollars. So I'm like, we don't need to make

0:35:54.360 --> 0:35:57.640
<v Speaker 1>fifty dollars, so we're gonna pass the savings. You know,

0:35:57.719 --> 0:35:59.919
<v Speaker 1>we're gonna pass the savings on to the customer. That's

0:36:00.080 --> 0:36:02.680
<v Speaker 1>I believe in it. I didn't look at it like, Okay,

0:36:02.760 --> 0:36:05.239
<v Speaker 1>well we might be in the jacket now instead of

0:36:05.560 --> 0:36:07.320
<v Speaker 1>forty and fifty bugs. We might be in a jacket's

0:36:07.320 --> 0:36:09.360
<v Speaker 1>thirty dollars, but now we're gonna make seventy dollars. It's like, no,

0:36:09.480 --> 0:36:11.520
<v Speaker 1>we could let the price of the jacket now to

0:36:11.640 --> 0:36:13.680
<v Speaker 1>seventy five or eighty five dollars.

0:36:14.200 --> 0:36:18.879
<v Speaker 3>Sure, And typically, I mean usually that's how things work.

0:36:18.920 --> 0:36:20.800
<v Speaker 3>I mean, like retail has what about a like a

0:36:20.880 --> 0:36:24.319
<v Speaker 3>three x markup. It's kind of industry standard, but it's

0:36:24.400 --> 0:36:27.759
<v Speaker 3>very competitive. So if you have something that's like if

0:36:27.800 --> 0:36:31.000
<v Speaker 3>some of these ties specific, like the glasses of Alone brand,

0:36:32.440 --> 0:36:35.600
<v Speaker 3>you're not price competing against somebody else's glasses of Alone brand,

0:36:35.640 --> 0:36:37.360
<v Speaker 3>you know what I mean. So it's a different consideration.

0:36:39.000 --> 0:36:41.280
<v Speaker 3>But yeah, I know what you mean. Like one thing's interesting,

0:36:41.360 --> 0:36:44.920
<v Speaker 3>like something we talk about like India and China and whatnot.

0:36:44.960 --> 0:36:48.320
<v Speaker 3>Before a lot of this transition was we're gonna I

0:36:48.400 --> 0:36:53.360
<v Speaker 3>think a lot of people believed it's fine, we'll just

0:36:53.680 --> 0:37:01.239
<v Speaker 3>move into more of a of an information economy. Yeah,

0:37:01.320 --> 0:37:03.680
<v Speaker 3>we'll even be on service there, like a technology based economy.

0:37:03.719 --> 0:37:06.920
<v Speaker 3>Remember I think it was Hillary Clinton kind of got

0:37:07.120 --> 0:37:10.000
<v Speaker 3>a little razz a little bit. This might have been

0:37:10.360 --> 0:37:13.400
<v Speaker 3>eight in the primary against Obama. I can't remember memories,

0:37:13.440 --> 0:37:16.839
<v Speaker 3>I I could, But the whole learn to code thing, Yeah,

0:37:16.840 --> 0:37:19.040
<v Speaker 3>we're gonna, yeah, we're gonna shut down coal plants and

0:37:19.320 --> 0:37:21.520
<v Speaker 3>you'll lose all your jobs, but you'll learn the code.

0:37:22.239 --> 0:37:24.960
<v Speaker 3>Which if you said to somebody who's forty five years

0:37:24.960 --> 0:37:27.399
<v Speaker 3>old and we're gonna coal mine for twenty years, that's

0:37:27.520 --> 0:37:33.600
<v Speaker 3>just unbelievable. But there was a surge in programmers and

0:37:33.719 --> 0:37:36.680
<v Speaker 3>demand on shore in the United States, and they were

0:37:36.680 --> 0:37:39.000
<v Speaker 3>paying a lot of money. And how do we respond

0:37:39.040 --> 0:37:42.000
<v Speaker 3>to that by bringing in tens of thousands of H

0:37:42.120 --> 0:37:44.080
<v Speaker 3>one B visas from India to come and bring that

0:37:44.239 --> 0:37:46.960
<v Speaker 3>price right the fuck back down and take the jobs.

0:37:50.680 --> 0:37:56.120
<v Speaker 1>But and then it's also weird, like you'll call a company, bro,

0:37:57.000 --> 0:37:59.200
<v Speaker 1>and you'll ask to speak to an operator, and you

0:37:59.280 --> 0:38:03.440
<v Speaker 1>could tell the it's somewhere cheap, but.

0:38:03.520 --> 0:38:06.640
<v Speaker 3>They always have American names and lie about it. That's

0:38:06.880 --> 0:38:09.640
<v Speaker 3>that's really finny Otho. This is Gerald but they'll have

0:38:09.719 --> 0:38:11.800
<v Speaker 3>like their access. They'll say like like the most like

0:38:13.160 --> 0:38:18.960
<v Speaker 3>like America, not like l Pool. Your name is not Gerald,

0:38:19.600 --> 0:38:25.879
<v Speaker 3>Yeah it's Danesh. Come on, you're Dennis Danesh. I don't care.

0:38:27.000 --> 0:38:30.239
<v Speaker 1>I just want to know. It's just so clear that

0:38:30.520 --> 0:38:33.440
<v Speaker 1>this country is said, you know what's funny, shout out

0:38:33.440 --> 0:38:34.360
<v Speaker 1>to my old g homies.

0:38:34.440 --> 0:38:34.560
<v Speaker 3>Right.

0:38:36.160 --> 0:38:38.879
<v Speaker 1>Look, again, I hear a lot of rumors about Game

0:38:38.920 --> 0:38:40.320
<v Speaker 1>mag and I always try to clear it that for

0:38:40.320 --> 0:38:42.480
<v Speaker 1>people with everybody's being then asshole and they think they

0:38:42.560 --> 0:38:44.840
<v Speaker 1>know even though I'm a gang member, I'm like a

0:38:44.960 --> 0:38:47.400
<v Speaker 1>real gang member. I'm a real game member that socialized

0:38:47.400 --> 0:38:50.040
<v Speaker 1>with a lot of gang members to this day. For

0:38:50.280 --> 0:38:53.480
<v Speaker 1>me again, so it's like I don't think people understand, like,

0:38:53.640 --> 0:38:55.840
<v Speaker 1>you know, you can go eat breakfast with gang members,

0:38:55.960 --> 0:38:57.360
<v Speaker 1>you know what I mean. You play chess, you know,

0:38:57.560 --> 0:39:03.319
<v Speaker 1>people build cars. Everybody's not just stealing pursons or murdering people.

0:39:03.400 --> 0:39:05.960
<v Speaker 1>It's very much people that grew up in their community.

0:39:06.080 --> 0:39:11.320
<v Speaker 1>And I just was thinking to myself, like, man, my

0:39:11.440 --> 0:39:14.080
<v Speaker 1>homies had a great idea with the economy when it

0:39:14.160 --> 0:39:18.960
<v Speaker 1>came to hustling. You bought your product right from one

0:39:19.000 --> 0:39:21.359
<v Speaker 1>of your older homies and then you sold it right there.

0:39:21.760 --> 0:39:25.960
<v Speaker 1>The dollar recycled in the seven two or three times

0:39:28.719 --> 0:39:33.520
<v Speaker 1>before it left. That's why our economy was so great.

0:39:33.880 --> 0:39:36.120
<v Speaker 1>And it didn't start to fall the power until people

0:39:36.160 --> 0:39:38.440
<v Speaker 1>started going around the older homies trying to buy from

0:39:38.480 --> 0:39:41.760
<v Speaker 1>somebody else to save some money, when they didn't realize

0:39:41.840 --> 0:39:44.600
<v Speaker 1>this is what powers the economy. There was a time

0:39:44.640 --> 0:39:47.120
<v Speaker 1>bro seventh Street crypt might have one hundred hundred and

0:39:47.120 --> 0:39:50.000
<v Speaker 1>fifty people. That was a time that was thirty low riders.

0:39:51.320 --> 0:39:54.040
<v Speaker 1>Like you know there's big sixties at that time didn't

0:39:54.080 --> 0:39:56.600
<v Speaker 1>have thirty low riders. It's a thousand of the motherfuckers

0:39:56.960 --> 0:39:59.680
<v Speaker 1>six old did not have thirty low riders. We had

0:40:00.880 --> 0:40:04.399
<v Speaker 1>low riders. That's how great our economy did. That's why

0:40:04.480 --> 0:40:06.560
<v Speaker 1>my respect from my older homie Pluck is so grand.

0:40:06.680 --> 0:40:08.880
<v Speaker 1>He was actually a really great kind of president of

0:40:08.960 --> 0:40:11.320
<v Speaker 1>the community. That don't mean nothing because he had homies

0:40:11.360 --> 0:40:13.520
<v Speaker 1>that had as much power, but he did a better

0:40:13.719 --> 0:40:18.399
<v Speaker 1>job of running it that way. And I realized why, like, yeah,

0:40:18.440 --> 0:40:20.279
<v Speaker 1>I could go get this gallon of shrine from this

0:40:20.400 --> 0:40:23.880
<v Speaker 1>dude from Grave Street for seventy five hundred, and Pluck

0:40:24.000 --> 0:40:25.880
<v Speaker 1>is gonna charge me eighty five hundred. But guess what,

0:40:26.320 --> 0:40:30.040
<v Speaker 1>that extra thousand stay right on the seven. He gonna

0:40:30.080 --> 0:40:32.919
<v Speaker 1>create other opportunities for other homies who not hustling. He'll

0:40:32.960 --> 0:40:36.120
<v Speaker 1>put money on other homies books. It made sense. Why

0:40:36.280 --> 0:40:42.080
<v Speaker 1>don't Americans get the same thought? Because shit kills me?

0:40:42.680 --> 0:40:47.320
<v Speaker 3>Because anymore, because because we'll buy anything. It would be

0:40:47.400 --> 0:40:51.759
<v Speaker 3>the equivalent to if the consumers of the products from

0:40:51.760 --> 0:40:54.920
<v Speaker 3>the seven just didn't give a shit, if shut his

0:40:55.000 --> 0:40:57.520
<v Speaker 3>stuff was water down and crappy and just bought it

0:40:57.560 --> 0:40:59.880
<v Speaker 3>from the other side of croosis, just said, fuck it,

0:41:01.040 --> 0:41:03.919
<v Speaker 3>five dollars cheaper over there it's shitty. Who cares. We'll

0:41:04.000 --> 0:41:08.799
<v Speaker 3>just buy a shitty shit and lots of it. But what.

0:41:10.680 --> 0:41:14.600
<v Speaker 1>Where'd that mentality come from? Though? Like would build that mentality, you.

0:41:14.640 --> 0:41:18.320
<v Speaker 4>Know in the years where you're willing to buy you know,

0:41:18.960 --> 0:41:20.600
<v Speaker 4>subpar ship from somewhere else.

0:41:24.120 --> 0:41:29.160
<v Speaker 3>I think people, if something is so good and it's

0:41:29.200 --> 0:41:37.760
<v Speaker 3>expensive and you can't afford it, that's like it internally troubling,

0:41:37.960 --> 0:41:39.640
<v Speaker 3>you know what I mean, that's a hard pill to swallow.

0:41:39.680 --> 0:41:41.839
<v Speaker 3>Someone else has a thing it's really nice. I'd love

0:41:41.920 --> 0:41:42.440
<v Speaker 3>to have that thing.

0:41:42.600 --> 0:41:44.920
<v Speaker 1>I just can't get it. So you can buy the

0:41:45.000 --> 0:41:46.520
<v Speaker 1>next best team, So.

0:41:46.560 --> 0:41:50.080
<v Speaker 3>You'd buy the second best thing. Yeah okay, and there's

0:41:50.080 --> 0:41:52.960
<v Speaker 3>always going to be more people than they can afford

0:41:53.000 --> 0:41:55.960
<v Speaker 3>the second best thing than the best thing. And then

0:41:56.080 --> 0:41:57.680
<v Speaker 3>before you know what, the people who got the best

0:41:57.719 --> 0:42:00.160
<v Speaker 3>thing or got the money for the best thing, you

0:42:00.200 --> 0:42:03.239
<v Speaker 3>know something. And I think that's fine, now I got it.

0:42:03.320 --> 0:42:05.880
<v Speaker 3>I'll get that. I'll save the money. And then the

0:42:06.200 --> 0:42:07.600
<v Speaker 3>guy makes the nicest thing goes out of.

0:42:07.600 --> 0:42:11.759
<v Speaker 1>Business because then the trend thing kicks in.

0:42:12.400 --> 0:42:14.680
<v Speaker 3>Yeah, like, look at the American car. Look at how

0:42:14.800 --> 0:42:18.840
<v Speaker 3>great the American sedan was in nineteen sixty five and

0:42:18.960 --> 0:42:22.120
<v Speaker 3>how shitty the American sedan was in nineteen eighty five

0:42:22.320 --> 0:42:24.960
<v Speaker 3>after the camera came and changed the market.

0:42:29.360 --> 0:42:31.600
<v Speaker 1>And it's funny because when you go to Germany, Bro,

0:42:32.680 --> 0:42:37.000
<v Speaker 1>everybody has a bands because you can't like it. It's

0:42:37.120 --> 0:42:38.120
<v Speaker 1>like a cheap car.

0:42:38.719 --> 0:42:42.760
<v Speaker 3>You can't sell anything except German cars in Germany.

0:42:44.520 --> 0:42:48.440
<v Speaker 5>I mean, you couldn't any American cars. You're right, Yeah,

0:42:48.480 --> 0:42:52.040
<v Speaker 5>they've been talking about that. It's a triple digit tariff

0:42:52.320 --> 0:42:54.760
<v Speaker 5>on US autobiles to Germany.

0:42:55.560 --> 0:42:57.919
<v Speaker 1>Oh that's why when you go to Japan, the only

0:42:57.960 --> 0:43:00.640
<v Speaker 1>people who have American cars are low riders. They're paying

0:43:00.719 --> 0:43:01.920
<v Speaker 1>the luxury tax.

0:43:01.760 --> 0:43:05.160
<v Speaker 3>To have it, yeah, or they're buying them really really

0:43:05.280 --> 0:43:07.719
<v Speaker 3>cheap and redoing them so that the teriff doesn't matter,

0:43:08.520 --> 0:43:09.200
<v Speaker 3>or they're buying.

0:43:09.560 --> 0:43:11.840
<v Speaker 1>I don't know how they they're buying it from the streets,

0:43:12.239 --> 0:43:13.080
<v Speaker 1>so they Yeah, I.

0:43:13.080 --> 0:43:17.880
<v Speaker 3>Said, it's different when it's private party than than yeah, business.

0:43:18.080 --> 0:43:20.799
<v Speaker 1>But you don't see American cars in Japan. I didn't

0:43:20.800 --> 0:43:21.680
<v Speaker 1>see American cars.

0:43:21.719 --> 0:43:23.800
<v Speaker 3>Yeah, Japan has a has a two hundred plus I

0:43:23.840 --> 0:43:26.439
<v Speaker 3>think percent tariff on American cars very high.

0:43:27.920 --> 0:43:32.640
<v Speaker 1>But like that's crazy, But so how do so is

0:43:32.719 --> 0:43:36.120
<v Speaker 1>the freedom the prisoner at that point that we think

0:43:36.239 --> 0:43:40.279
<v Speaker 1>is freedom in is? Like how does that make sense?

0:43:40.680 --> 0:43:43.359
<v Speaker 1>Like like I could, like I want to ask my dad,

0:43:43.520 --> 0:43:45.680
<v Speaker 1>like what it was like for him. My dad probably

0:43:45.719 --> 0:43:49.800
<v Speaker 1>got his driver license in sixty five, maybe even sixty.

0:43:51.400 --> 0:43:57.640
<v Speaker 1>He would have been fifteen and sixty two, so sixty

0:43:57.680 --> 0:44:03.520
<v Speaker 1>three he was sixteen. I wonder how many import cars

0:44:03.560 --> 0:44:09.040
<v Speaker 1>were on the road in nineteen sixty three, leadership.

0:44:11.800 --> 0:44:16.240
<v Speaker 3>I don't even think compared to like luxury American sedans.

0:44:16.280 --> 0:44:18.319
<v Speaker 3>I don't even think Mercedes were that nice at that time.

0:44:18.600 --> 0:44:20.840
<v Speaker 3>It pretty much would have been just Rolls, Royce Bentley

0:44:20.920 --> 0:44:23.520
<v Speaker 3>and then Ferrari and Porsche.

0:44:27.320 --> 0:44:30.400
<v Speaker 1>But like Now you don't even if you walk outside

0:44:30.440 --> 0:44:33.760
<v Speaker 1>your house and you walk on your street and you count,

0:44:34.440 --> 0:44:37.520
<v Speaker 1>you're going to count less domestic cars right far.

0:44:40.280 --> 0:44:43.759
<v Speaker 4>Shit, the domestic cars are being built overseas with just

0:44:43.840 --> 0:44:45.440
<v Speaker 4>American tag on it.

0:44:46.840 --> 0:44:48.600
<v Speaker 3>Yeah, they put the windshield on here and call it

0:44:48.600 --> 0:44:49.359
<v Speaker 3>an American car.

0:44:50.280 --> 0:44:52.359
<v Speaker 1>You look at the engine parts and stuff they say

0:44:52.520 --> 0:44:54.120
<v Speaker 1>made from always over there.

0:44:54.640 --> 0:44:56.920
<v Speaker 3>Sure, and even a lot of the assembly is done

0:44:56.960 --> 0:44:57.440
<v Speaker 3>in Mexico.

0:44:58.080 --> 0:44:59.480
<v Speaker 1>Yeah, it's crazy.

0:44:59.719 --> 0:45:01.080
<v Speaker 3>They just put on the doors.

0:45:01.080 --> 0:45:05.560
<v Speaker 1>Here, but it's made in America because that's of America.

0:45:05.880 --> 0:45:08.719
<v Speaker 4>A lot of these big countries now are from people

0:45:08.800 --> 0:45:11.600
<v Speaker 4>in Japan and China that we think of American companies

0:45:11.960 --> 0:45:15.799
<v Speaker 4>are no longer even American companies no more. Your parent

0:45:15.880 --> 0:45:18.440
<v Speaker 4>companies is in Japan and other countries.

0:45:18.080 --> 0:45:18.719
<v Speaker 1>And stuff like that.

0:45:19.800 --> 0:45:24.120
<v Speaker 3>Hello Kentucky Fried Chicken. Yeah, I'm just say owned by

0:45:24.160 --> 0:45:25.560
<v Speaker 3>young brands out of Japan.

0:45:26.560 --> 0:45:29.319
<v Speaker 4>You know, a lot of these places that people think

0:45:29.360 --> 0:45:36.000
<v Speaker 4>of American tradition now hasn't been for years. Sure, so

0:45:36.120 --> 0:45:38.080
<v Speaker 4>they're not trying to put the money back in America

0:45:38.080 --> 0:45:39.320
<v Speaker 4>if you look at it, If you look at it

0:45:39.440 --> 0:45:41.759
<v Speaker 4>that way, they're not worried about the American economy in

0:45:41.880 --> 0:45:42.440
<v Speaker 4>that sense.

0:45:43.040 --> 0:45:44.880
<v Speaker 1>Yeah, they're just using it so they don't care what

0:45:44.960 --> 0:45:45.200
<v Speaker 1>they do.

0:45:45.600 --> 0:45:48.120
<v Speaker 3>Just burn it up and they gone, Yeah, I think

0:45:48.160 --> 0:45:50.200
<v Speaker 3>there's a lot of stuff that could reasonably be Like

0:45:50.480 --> 0:45:52.560
<v Speaker 3>it feels like a cell phone assembly. People don't want

0:45:52.560 --> 0:45:56.040
<v Speaker 3>to sit there and you know, micro assemble circuit boards

0:45:56.040 --> 0:46:00.000
<v Speaker 3>all damn day. Fine, we could sure shit make gorilla glass.

0:46:00.520 --> 0:46:02.680
<v Speaker 1>You got a prisoner's peak that would do that with

0:46:02.800 --> 0:46:03.759
<v Speaker 1>cell phones all day.

0:46:04.920 --> 0:46:07.840
<v Speaker 3>You aren't allowed to have cell phones in prison, I thought.

0:46:08.600 --> 0:46:10.439
<v Speaker 4>I mean, but no, they got you know, you could

0:46:10.600 --> 0:46:13.040
<v Speaker 4>build things in prison. They got factories that you could

0:46:13.080 --> 0:46:15.440
<v Speaker 4>build stuff in prison. Now security may be up, but

0:46:15.520 --> 0:46:18.920
<v Speaker 4>you could build things. Prisoners is building furniture and stuff.

0:46:19.160 --> 0:46:22.759
<v Speaker 4>Will they take all those programs out of the prisons? Then, well,

0:46:22.800 --> 0:46:24.719
<v Speaker 4>who else got a building? Now they send it out

0:46:24.760 --> 0:46:28.840
<v Speaker 4>of the country. Cheap is cheap as the prisoner. You know,

0:46:29.200 --> 0:46:31.239
<v Speaker 4>they take it from a cheap prisoner building it by

0:46:31.320 --> 0:46:34.360
<v Speaker 4>saying it's in humane and all this crazy stuff they say.

0:46:35.960 --> 0:46:36.680
<v Speaker 1>In another kind.

0:46:37.280 --> 0:46:42.880
<v Speaker 3>Yeah, do you think in your opinion that if the

0:46:43.080 --> 0:46:48.640
<v Speaker 3>cost benefit analysis are consideration, so to speak, for being

0:46:48.760 --> 0:46:54.600
<v Speaker 3>in prison as an inmate, that the opportunity to acquire

0:46:55.120 --> 0:46:58.040
<v Speaker 3>a marketable skill but having to actually do work while

0:46:58.080 --> 0:46:59.640
<v Speaker 3>you're in there. Is that a good trade off in

0:46:59.640 --> 0:47:01.319
<v Speaker 3>your or you think that it's a shitty trade off

0:47:01.360 --> 0:47:02.040
<v Speaker 3>when you're in there.

0:47:02.239 --> 0:47:03.200
<v Speaker 1>So trade off.

0:47:03.960 --> 0:47:07.000
<v Speaker 4>They don't work to get a skill in prison, for sure, Okay,

0:47:07.680 --> 0:47:10.640
<v Speaker 4>you know, the question is the opportunity once they get out.

0:47:11.040 --> 0:47:13.920
<v Speaker 3>So who the fuck was advocating against that for all

0:47:13.960 --> 0:47:15.800
<v Speaker 3>those years and saying it's inhumane to have them in

0:47:15.880 --> 0:47:18.360
<v Speaker 3>there working. It's just a bunch of it's it's like,

0:47:18.480 --> 0:47:21.360
<v Speaker 3>that's like a bunch of stupid, like fictitious do gooders

0:47:21.360 --> 0:47:22.160
<v Speaker 3>who just want to like.

0:47:22.560 --> 0:47:23.480
<v Speaker 1>Well it was ap.

0:47:23.960 --> 0:47:27.520
<v Speaker 4>What it was was the benefit of working because they

0:47:27.560 --> 0:47:30.479
<v Speaker 4>exactly like if you take those jobs from prisoners, people

0:47:30.560 --> 0:47:32.800
<v Speaker 4>on the outside would get them. But it's still the

0:47:33.000 --> 0:47:36.799
<v Speaker 4>neighborhoods they sent them out of the country, gotcha, gotcha? Well.

0:47:36.880 --> 0:47:39.040
<v Speaker 1>Also also they were saying that they were working for

0:47:39.160 --> 0:47:44.360
<v Speaker 1>so cheap. It was like you're in jail, you feel me,

0:47:44.480 --> 0:47:47.920
<v Speaker 1>so like to me, like that made the most sense, right,

0:47:48.000 --> 0:47:48.880
<v Speaker 1>It's like you.

0:47:49.000 --> 0:47:51.160
<v Speaker 3>Create internship around college.

0:47:51.200 --> 0:47:53.920
<v Speaker 1>I thought it was about Hey, it was you know,

0:47:54.120 --> 0:47:56.759
<v Speaker 1>I mean I saw I saw complaints on outside about

0:47:56.760 --> 0:47:57.440
<v Speaker 1>the pay at that time.

0:47:57.520 --> 0:47:59.239
<v Speaker 3>Yeah, you know what I'm saying, Now that's what I'm saying,

0:47:59.320 --> 0:48:01.000
<v Speaker 3>those type of thing titious do gooders.

0:48:01.120 --> 0:48:04.080
<v Speaker 1>Yeah, yeah, listen, I'm saying think about it, though, King, Like,

0:48:04.239 --> 0:48:08.600
<v Speaker 1>you learn a trade in jail, you're able to come

0:48:08.640 --> 0:48:10.880
<v Speaker 1>out and get a career. Wouldn't that be kind of

0:48:11.000 --> 0:48:12.400
<v Speaker 1>close to rehabilitation.

0:48:13.080 --> 0:48:15.480
<v Speaker 3>I mean, what reality is if I wanted to go

0:48:15.560 --> 0:48:18.879
<v Speaker 3>to a trade school and not get paid to do work,

0:48:19.600 --> 0:48:20.800
<v Speaker 3>I would be paying then.

0:48:22.280 --> 0:48:25.279
<v Speaker 4>In Washington State, I was like one of the last

0:48:25.320 --> 0:48:27.720
<v Speaker 4>part of rehabilitation where they let us go to school

0:48:27.760 --> 0:48:31.160
<v Speaker 4>and everything, college and everything. And I was the last

0:48:31.239 --> 0:48:33.600
<v Speaker 4>year where the citizens like, you're paying for their school

0:48:33.640 --> 0:48:35.560
<v Speaker 4>and you're giving them pail grants, you're doing all that

0:48:35.719 --> 0:48:36.640
<v Speaker 4>for them in prison.

0:48:37.239 --> 0:48:39.800
<v Speaker 1>And that's where they cut the rehabilitation off at gotcha,

0:48:39.880 --> 0:48:40.800
<v Speaker 1>what year was that about?

0:48:41.400 --> 0:48:45.560
<v Speaker 4>Oh, Jeseuz gonna tell my age about nineteen two thousand

0:48:45.719 --> 0:48:47.879
<v Speaker 4>around there, ninety eight two thousand.

0:48:47.960 --> 0:48:48.440
<v Speaker 1>Your age.

0:48:50.360 --> 0:48:52.239
<v Speaker 4>But that's about the time period where they started talking

0:48:52.280 --> 0:48:54.879
<v Speaker 4>about not rehabilitation because they're wasting all this money. They're

0:48:54.880 --> 0:48:58.360
<v Speaker 4>supposed to be punishment. It's supposed to be punishment, you know.

0:48:58.920 --> 0:49:01.479
<v Speaker 4>So when he was getting jobs, when it was getting

0:49:01.520 --> 0:49:05.000
<v Speaker 4>the education and rehabilitation when we came out. The studuma

0:49:05.160 --> 0:49:09.319
<v Speaker 4>now was you're at felon. Yeah, so it didn't matter

0:49:09.440 --> 0:49:13.000
<v Speaker 4>what you did inside prison. The chances of getting a

0:49:13.080 --> 0:49:17.839
<v Speaker 4>good job when you got out was neil. It's different nowadays,

0:49:17.920 --> 0:49:21.280
<v Speaker 4>but back in the days when the transition from rehabilitation

0:49:21.400 --> 0:49:24.239
<v Speaker 4>to punishment, it didn't offer nobody a chance when they

0:49:24.280 --> 0:49:24.680
<v Speaker 4>got out.

0:49:25.440 --> 0:49:27.920
<v Speaker 1>Isn't that funny that it's harder now when there's no

0:49:28.080 --> 0:49:29.800
<v Speaker 1>rich like now they don't matter, but now they're not

0:49:29.880 --> 0:49:32.479
<v Speaker 1>gonna teach you nothing, you know what I mean. People

0:49:32.560 --> 0:49:34.920
<v Speaker 1>go to jail, like my homeboy going to jail for years,

0:49:35.040 --> 0:49:37.719
<v Speaker 1>and like he's not going to have an opportunity to

0:49:37.840 --> 0:49:40.919
<v Speaker 1>learn a livable ways trade where he can make a living.

0:49:43.200 --> 0:49:46.880
<v Speaker 4>Yeah, that's pittiful, But we don't worry about that because

0:49:46.920 --> 0:49:49.040
<v Speaker 4>we were about them sending people out of here to

0:49:49.160 --> 0:49:49.840
<v Speaker 4>other prisons.

0:49:50.160 --> 0:49:54.799
<v Speaker 1>That's what trists me out. You know what's funny, man,

0:49:58.320 --> 0:50:02.560
<v Speaker 1>The thing that this country was established on, they figured

0:50:02.560 --> 0:50:04.759
<v Speaker 1>out a way to turn it into what they were

0:50:04.800 --> 0:50:07.520
<v Speaker 1>trying to not turn it into in the same instance,

0:50:07.960 --> 0:50:10.200
<v Speaker 1>but they were able to turn it into it right here,

0:50:11.040 --> 0:50:12.760
<v Speaker 1>you know what I mean? With these sets of rules

0:50:13.120 --> 0:50:17.600
<v Speaker 1>like the government, like your forefathers fought for this not

0:50:17.760 --> 0:50:20.600
<v Speaker 1>to be a country like the country that they left,

0:50:21.360 --> 0:50:22.600
<v Speaker 1>you know what I mean, where it was hard to

0:50:22.719 --> 0:50:24.960
<v Speaker 1>change the stars, where you had to be what you were.

0:50:25.520 --> 0:50:28.680
<v Speaker 1>But now they're because the elite are at the top,

0:50:29.080 --> 0:50:32.359
<v Speaker 1>they're ruling so hard and they want to just keep

0:50:33.880 --> 0:50:39.480
<v Speaker 1>you know, their goal is to keep just financially destroying,

0:50:39.800 --> 0:50:43.480
<v Speaker 1>getting money right, just going, going going. Now they're just

0:50:44.040 --> 0:50:45.840
<v Speaker 1>they're trying to import people.

0:50:47.160 --> 0:50:47.279
<v Speaker 4>Right.

0:50:47.880 --> 0:50:51.360
<v Speaker 1>You gotta realize, real estate in America, like California, is

0:50:51.400 --> 0:50:55.680
<v Speaker 1>so bad. It's mainly because people coming into this country,

0:50:56.960 --> 0:51:00.719
<v Speaker 1>like you're competing with different families, multiple families sometimes to

0:51:00.840 --> 0:51:04.439
<v Speaker 1>get one house. So guess what, it makes it hard

0:51:04.560 --> 0:51:08.840
<v Speaker 1>for you to change your stars because now everything becomes

0:51:08.960 --> 0:51:12.239
<v Speaker 1>this ridiculous who will work for the cheapest and who

0:51:12.280 --> 0:51:16.279
<v Speaker 1>will pay the most? Right, So you know who's going

0:51:16.360 --> 0:51:19.120
<v Speaker 1>to pay the cheapest, right, who's who don't mind getting

0:51:19.160 --> 0:51:21.799
<v Speaker 1>paid the less the least, right, and then who will

0:51:21.840 --> 0:51:24.880
<v Speaker 1>pay the most for this house? So they turned it

0:51:24.960 --> 0:51:27.440
<v Speaker 1>into the actual country they were running away from when

0:51:27.480 --> 0:51:29.600
<v Speaker 1>they came here in the first place. They're making it

0:51:29.680 --> 0:51:33.000
<v Speaker 1>to where now is. That's why the middle class is

0:51:33.080 --> 0:51:37.560
<v Speaker 1>being like obliviated like it's over because obliterate, excuse me,

0:51:37.800 --> 0:51:43.400
<v Speaker 1>is over because it's like you're what's like the broke

0:51:43.880 --> 0:51:45.800
<v Speaker 1>and wealthy. That's what's happening.

0:51:47.120 --> 0:51:50.279
<v Speaker 3>And that's yeah, and that's Europe, which is a I've

0:51:50.560 --> 0:51:53.320
<v Speaker 3>referred to Europe as a bastion of mediocrity, maybe not

0:51:53.440 --> 0:51:58.759
<v Speaker 3>on here, but many times. And there isn't a lot

0:51:58.800 --> 0:52:03.040
<v Speaker 3>of vertical mobility. And again, disruptors come from the middle class.

0:52:03.360 --> 0:52:08.320
<v Speaker 3>They have enough know how, enough understanding, enough resources, and

0:52:08.440 --> 0:52:14.200
<v Speaker 3>they have the hunger. I mean, it's not always the

0:52:14.320 --> 0:52:19.400
<v Speaker 3>rich guy's kid who redefines some industry.

0:52:19.480 --> 0:52:20.920
<v Speaker 1>Rarely is it the rich guy's kid.

0:52:21.000 --> 0:52:26.200
<v Speaker 3>It's it's not a guy who lives thirty minutes away.

0:52:26.920 --> 0:52:29.200
<v Speaker 1>And it's tougher for a poor person because they don't

0:52:29.200 --> 0:52:31.600
<v Speaker 1>believe they could do it. So it's when you it's

0:52:31.840 --> 0:52:35.640
<v Speaker 1>so what happens is it's that that factory worker's kid

0:52:35.880 --> 0:52:39.280
<v Speaker 1>who goes on to college, right, that that factory worker

0:52:39.320 --> 0:52:41.840
<v Speaker 1>in the fifties and sixties who sacrifice their own dreams

0:52:41.880 --> 0:52:44.600
<v Speaker 1>to take care of their family, get their kid through college.

0:52:44.840 --> 0:52:48.480
<v Speaker 1>That kid is the guy that's changed, that changed America.

0:52:48.680 --> 0:52:53.600
<v Speaker 3>It's describes Steve Jobs a guy stand's parents' house was

0:52:53.680 --> 0:52:56.560
<v Speaker 3>a modest looking house in the Bay Area. It wasn't

0:52:56.640 --> 0:52:59.560
<v Speaker 3>on the water, it was in the valley. And he

0:52:59.640 --> 0:53:01.520
<v Speaker 3>started the company is parents' garage.

0:53:03.040 --> 0:53:06.200
<v Speaker 4>So is that so is he hating what his parents do,

0:53:06.320 --> 0:53:08.640
<v Speaker 4>looking down like his parents worked in that factory.

0:53:09.520 --> 0:53:11.439
<v Speaker 1>Now he's looking down at that as like, I don't

0:53:11.480 --> 0:53:13.520
<v Speaker 1>want to be like my parents working in the factory.

0:53:13.840 --> 0:53:17.640
<v Speaker 1>That it is just a hunger to exceed.

0:53:18.400 --> 0:53:20.880
<v Speaker 3>And I think there's also a lot of it is

0:53:23.800 --> 0:53:28.200
<v Speaker 3>And I don't know if it's always Apple's competing against Google.

0:53:28.800 --> 0:53:33.319
<v Speaker 3>And these are hyper performers, like hyper achievers, so they're

0:53:33.360 --> 0:53:36.040
<v Speaker 3>extremely competitive. They're really good at what they do. These

0:53:36.040 --> 0:53:39.360
<v Speaker 3>aren't everyday people. There's why there's only a couple hundred

0:53:39.360 --> 0:53:43.800
<v Speaker 3>of them. But I'm not positive if it's an obsession

0:53:43.920 --> 0:53:48.400
<v Speaker 3>to be the best in competing against the other company

0:53:48.800 --> 0:53:53.239
<v Speaker 3>and ramifications be damned, or if it's and it does

0:53:53.320 --> 0:53:55.200
<v Speaker 3>look like this in a lot of ways. You get

0:53:55.239 --> 0:54:00.920
<v Speaker 3>a lot of strategic corporate partnerships or whatever I've said. Now, California,

0:54:01.160 --> 0:54:03.080
<v Speaker 3>in my life, I would define it as a barrier

0:54:03.160 --> 0:54:06.480
<v Speaker 3>of entry. Economy. Yeah, a bunch of w in a

0:54:06.480 --> 0:54:08.680
<v Speaker 3>lot of money. It's not a lot of great ideas.

0:54:09.040 --> 0:54:11.120
<v Speaker 3>I mean, there's a handful of great ideas in one

0:54:11.160 --> 0:54:12.880
<v Speaker 3>little spot. Other than that, there's not a ton of

0:54:12.920 --> 0:54:16.319
<v Speaker 3>great ideas happening. It's just I made a bunch of money.

0:54:16.360 --> 0:54:21.360
<v Speaker 3>I want to secure my assets from possible loss of value.

0:54:22.600 --> 0:54:25.319
<v Speaker 4>So what was promised to people to leave to get

0:54:25.360 --> 0:54:27.560
<v Speaker 4>them out the factory to go to school or something

0:54:27.640 --> 0:54:30.160
<v Speaker 4>like that? Because we're talking about the industrial age being

0:54:30.200 --> 0:54:32.399
<v Speaker 4>one of the greater times where people had the chance

0:54:32.480 --> 0:54:35.120
<v Speaker 4>to get a job, get enough paid to buy a house,

0:54:35.239 --> 0:54:36.280
<v Speaker 4>and make kids to college.

0:54:36.520 --> 0:54:40.320
<v Speaker 1>So what stop people for one to do industry and

0:54:40.480 --> 0:54:41.479
<v Speaker 1>go and shut them down.

0:54:42.239 --> 0:54:43.719
<v Speaker 3>Yeah, they close a lot of them, and then I

0:54:43.760 --> 0:54:45.080
<v Speaker 3>think they stigma it too.

0:54:45.200 --> 0:54:48.359
<v Speaker 1>I see what you saying. So the wealthy person who

0:54:48.440 --> 0:54:52.120
<v Speaker 1>started the industry right realize they can get even wealthier

0:54:52.239 --> 0:54:55.480
<v Speaker 1>if they outsourced the work based off of certain loans,

0:54:55.760 --> 0:54:57.279
<v Speaker 1>certain things being brought down.

0:54:58.120 --> 0:54:58.239
<v Speaker 3>Right.

0:54:58.320 --> 0:55:03.400
<v Speaker 1>So before before America was incentivized to build here, Americans

0:55:03.440 --> 0:55:07.120
<v Speaker 1>were incentivized to buy American, they were incentivized it would

0:55:07.120 --> 0:55:10.200
<v Speaker 1>have been hard to import things, right. That would have

0:55:10.200 --> 0:55:16.240
<v Speaker 1>been a really different challenge probably thirty forties, fifties, sixties.

0:55:16.320 --> 0:55:19.279
<v Speaker 1>That would have been a different type of task, right

0:55:19.520 --> 0:55:24.520
<v Speaker 1>versus so American. You know, even the wealthy American were

0:55:24.560 --> 0:55:28.560
<v Speaker 1>incentivized to build here. It wasn't this concept of free

0:55:28.640 --> 0:55:32.279
<v Speaker 1>pray that was so free. And when they opened it up.

0:55:32.600 --> 0:55:35.880
<v Speaker 1>You go around, obviously you see places like China, you know,

0:55:36.080 --> 0:55:39.800
<v Speaker 1>and again, this is why I kind of worry about

0:55:40.480 --> 0:55:42.479
<v Speaker 1>being as wealthy as I'm about, like as we're about

0:55:42.520 --> 0:55:46.040
<v Speaker 1>to get, right, is when you get wealthy, it seems

0:55:46.080 --> 0:55:49.439
<v Speaker 1>like you start to pray on people. Like you either

0:55:49.520 --> 0:55:51.680
<v Speaker 1>really poor and you pray on people, or you're really wealthy.

0:55:51.719 --> 0:55:55.080
<v Speaker 1>I always say, poor people and wealthy people are exactly alike.

0:55:55.560 --> 0:55:58.759
<v Speaker 1>They're not really different at all when you really get

0:55:58.840 --> 0:56:01.480
<v Speaker 1>into it, but start to pray on people, so imagine

0:56:01.480 --> 0:56:03.600
<v Speaker 1>you're going to kind of write like Pete just described

0:56:03.600 --> 0:56:08.920
<v Speaker 1>when they just had this this this mass hunger, you know,

0:56:09.160 --> 0:56:11.920
<v Speaker 1>deaf people dying of starvation, you know what I mean.

0:56:12.040 --> 0:56:15.080
<v Speaker 1>And you could go over here and set up businesses

0:56:15.520 --> 0:56:19.840
<v Speaker 1>where you can pay people like a recording guardist fractions

0:56:19.920 --> 0:56:23.440
<v Speaker 1>on a cent for hours of work. Right, you could

0:56:23.480 --> 0:56:27.000
<v Speaker 1>pay them fractions of a cent per hour to work

0:56:27.080 --> 0:56:33.760
<v Speaker 1>on things because they're starving. And the one barrier shipping

0:56:33.840 --> 0:56:36.319
<v Speaker 1>it here, the tax you would have to pay getting

0:56:36.400 --> 0:56:40.120
<v Speaker 1>it here. Those are the barriers they have already passed quality.

0:56:40.320 --> 0:56:43.880
<v Speaker 1>They these people are not incentivized to become you know,

0:56:44.040 --> 0:56:46.920
<v Speaker 1>great at building this stuff. They can't even you know,

0:56:46.960 --> 0:56:48.719
<v Speaker 1>they don't make more money in China. It's not that

0:56:48.840 --> 0:56:51.080
<v Speaker 1>type of program. They have a communist society, they don't.

0:56:51.600 --> 0:56:55.000
<v Speaker 1>It's not incentivized by that. So they just build things

0:56:55.040 --> 0:57:01.000
<v Speaker 1>to the minimum standard. Right. But in the fifties and sixties, right, King,

0:57:01.120 --> 0:57:03.799
<v Speaker 1>you could go to China and or Indian you could

0:57:03.800 --> 0:57:06.720
<v Speaker 1>see these economies in Mexico. Mexico is a third world country,

0:57:06.800 --> 0:57:09.280
<v Speaker 1>was to until win is it still one? Now it's passing.

0:57:09.400 --> 0:57:12.120
<v Speaker 3>I would describe that as being still true.

0:57:11.960 --> 0:57:14.880
<v Speaker 1>Now, Okay, So it's like you can go to places

0:57:14.880 --> 0:57:18.240
<v Speaker 1>where people don't have a ton of opportunity and hire

0:57:18.360 --> 0:57:20.080
<v Speaker 1>them ford try to.

0:57:21.640 --> 0:57:26.080
<v Speaker 3>You can hire them, yeah, and imagine what you're.

0:57:25.960 --> 0:57:28.880
<v Speaker 1>Gonna pay them. You could teach them, King and pay

0:57:28.960 --> 0:57:33.160
<v Speaker 1>them a fraction of what you're gonna pay Americans for it.

0:57:34.120 --> 0:57:36.240
<v Speaker 1>And in the in the tear flaw that you had

0:57:36.280 --> 0:57:40.040
<v Speaker 1>to import, right, that shit was it was nothing void.

0:57:40.280 --> 0:57:43.360
<v Speaker 1>You were almost incentivized to go out and take advantage

0:57:43.400 --> 0:57:46.640
<v Speaker 1>of other people and then seem like they're blessing. It's

0:57:46.720 --> 0:57:48.880
<v Speaker 1>like if somebody is thirsty, right, Like you go to

0:57:48.960 --> 0:57:51.560
<v Speaker 1>somewhere where somebody's dying of thirst and you piss in

0:57:51.640 --> 0:57:53.120
<v Speaker 1>their mouth, You still a hero.

0:57:54.600 --> 0:57:59.120
<v Speaker 3>Yeah, that's camping on a broken bitch, the hero.

0:58:00.080 --> 0:58:04.320
<v Speaker 1>Dirty water in the desert probably tastes like Fiji. It

0:58:04.440 --> 0:58:06.800
<v Speaker 1>was all the broke bits upfeat broken.

0:58:07.080 --> 0:58:10.160
<v Speaker 3>Yes, yeah, you find some broken, abused, cast out bitch

0:58:10.240 --> 0:58:13.120
<v Speaker 3>for the work. You got a nicer place to stay now.

0:58:14.720 --> 0:58:17.600
<v Speaker 1>But you could always catch yourself on the back publicly

0:58:17.680 --> 0:58:20.080
<v Speaker 1>for that. Yeah, and people like only to a mind

0:58:20.200 --> 0:58:22.680
<v Speaker 1>like mine, you look like a hero. But that was

0:58:22.760 --> 0:58:24.919
<v Speaker 1>the leak that did that. What about the poor people

0:58:24.960 --> 0:58:26.680
<v Speaker 1>that can't see that? How do you get them to

0:58:26.760 --> 0:58:29.760
<v Speaker 1>see this? They didn't have anything to do with it.

0:58:29.920 --> 0:58:31.720
<v Speaker 1>They just came to the factories one day and the

0:58:31.800 --> 0:58:32.840
<v Speaker 1>factories were shut down.

0:58:33.360 --> 0:58:38.160
<v Speaker 3>And part of it also like just to be like

0:58:39.600 --> 0:58:42.960
<v Speaker 3>well rounded on the on the math you started getting

0:58:42.960 --> 0:58:44.880
<v Speaker 3>and like you know how you see it now with

0:58:46.240 --> 0:58:49.320
<v Speaker 3>like government pensions, like like the California teachers, like cowpers

0:58:49.760 --> 0:58:51.880
<v Speaker 3>pension stuff and the way that that's straining the budget.

0:58:53.040 --> 0:58:56.120
<v Speaker 3>So you get a pension contract let's say it's ten

0:58:56.200 --> 0:59:00.520
<v Speaker 3>years and then it contracts up, so the union has

0:59:00.600 --> 0:59:03.400
<v Speaker 3>to show up for the employees and they got to

0:59:03.520 --> 0:59:06.960
<v Speaker 3>raise you know, the shit, or we're gonna strike or

0:59:07.000 --> 0:59:10.040
<v Speaker 3>whatever else. Well, it becomes a lot easier to play

0:59:10.160 --> 0:59:12.120
<v Speaker 3>kick the can down the road by saying we're gonna

0:59:12.120 --> 0:59:13.960
<v Speaker 3>give you a three percent raise, but we're gonna increase

0:59:14.000 --> 0:59:19.080
<v Speaker 3>your pension benefits by whatever, or your healthcare benefits in

0:59:19.200 --> 0:59:24.200
<v Speaker 3>retirement by whatever. So it's gonna be expensive later but

0:59:24.440 --> 0:59:27.000
<v Speaker 3>cheaper now, but we're gonna give you these these benefits. Well,

0:59:27.040 --> 0:59:31.120
<v Speaker 3>when later shows up, you have this ballooning of your

0:59:31.240 --> 0:59:34.960
<v Speaker 3>cost of labor because some of it's not even active

0:59:35.040 --> 0:59:38.760
<v Speaker 3>labor by that point in time. So now it's not

0:59:38.960 --> 0:59:41.440
<v Speaker 3>like the government. The government can borrow money differently, it

0:59:41.520 --> 0:59:45.040
<v Speaker 3>can prove it's a whole different party for the public sector.

0:59:45.800 --> 0:59:47.400
<v Speaker 3>But a lot of that does happen. I mean, like

0:59:48.080 --> 0:59:51.080
<v Speaker 3>I remember before, I remember they had a when they

0:59:52.240 --> 0:59:56.520
<v Speaker 3>did the GM bailout. I think the real cost for

0:59:56.800 --> 1:00:00.720
<v Speaker 3>GM per line worker was something like ninety dollars an hour.

1:00:01.080 --> 1:00:04.600
<v Speaker 3>Now they weren't seeing the ninety dollars, but the cost

1:00:05.160 --> 1:00:10.200
<v Speaker 3>their labor budget divided by line workers actually working employed

1:00:10.200 --> 1:00:13.320
<v Speaker 3>at the time was ninety dollars an hour. That's an

1:00:13.360 --> 1:00:16.520
<v Speaker 3>awful lot for Schetty Cruz.

1:00:22.600 --> 1:00:25.640
<v Speaker 1>What was they actually seeing when they wasn't seeing the ninety.

1:00:27.160 --> 1:00:28.760
<v Speaker 3>I don't know, depend on their contract to go back

1:00:28.760 --> 1:00:31.320
<v Speaker 3>and do the math. But I mean, you figure you're

1:00:31.320 --> 1:00:36.840
<v Speaker 3>paying in your salary, your assurance and your pension contributions,

1:00:37.400 --> 1:00:38.800
<v Speaker 3>and then some of that also is you have to

1:00:38.880 --> 1:00:42.880
<v Speaker 3>keep up payments for retirees and they're you know, what's

1:00:43.000 --> 1:00:45.680
<v Speaker 3>due to them. So yeah, it was like we got

1:00:45.840 --> 1:00:48.000
<v Speaker 3>very expensive for some of these companies. So that's that's

1:00:48.080 --> 1:00:48.840
<v Speaker 3>also part of it.

1:00:49.440 --> 1:00:55.360
<v Speaker 1>You know, shit just is irritating me. And I'm sure

1:00:56.920 --> 1:01:00.960
<v Speaker 1>somewhere along the line the American government, So I have

1:01:01.080 --> 1:01:03.880
<v Speaker 1>to find somebody that's in the politics and the history

1:01:03.920 --> 1:01:06.120
<v Speaker 1>of politics. I probably know the right person, but I

1:01:06.160 --> 1:01:08.040
<v Speaker 1>don't think they're up on business, but I know who

1:01:08.120 --> 1:01:12.400
<v Speaker 1>to ask. So America either had to start over taxing

1:01:12.520 --> 1:01:15.680
<v Speaker 1>people right in this country, like Peter saying, where certain

1:01:15.720 --> 1:01:18.400
<v Speaker 1>things will happen in the fifties and sixties. So I

1:01:18.480 --> 1:01:21.520
<v Speaker 1>don't know what happened first. Did the American government starts saying, okay,

1:01:21.720 --> 1:01:23.640
<v Speaker 1>we need to start getting more money out of you

1:01:24.640 --> 1:01:27.680
<v Speaker 1>or did they realize it made more sense to go

1:01:27.800 --> 1:01:30.280
<v Speaker 1>out of the country and advantage the cheap labor, or

1:01:30.360 --> 1:01:33.600
<v Speaker 1>did they happen somewhere at the same time simultaneously. What

1:01:33.680 --> 1:01:38.800
<v Speaker 1>do you mean then, what was the true motivation? We

1:01:38.920 --> 1:01:41.200
<v Speaker 1>have to figure that out. Well, what's the question? If

1:01:41.640 --> 1:01:45.280
<v Speaker 1>the questioner so like government? Like let's say you own

1:01:45.320 --> 1:01:48.480
<v Speaker 1>a GM factory, your General Motors. You have a GM

1:01:48.560 --> 1:01:52.000
<v Speaker 1>factory in Detroit in nineteen fifties. What happens first is

1:01:52.080 --> 1:01:54.920
<v Speaker 1>the American government saying, hey, you know what, we need

1:01:55.040 --> 1:01:59.400
<v Speaker 1>more money out of UGM for this factory. Or is it, hey,

1:01:59.480 --> 1:02:02.360
<v Speaker 1>you know what, we've been to China. There's a greater

1:02:02.480 --> 1:02:06.280
<v Speaker 1>opportunity to make money. What happened first?

1:02:06.560 --> 1:02:10.520
<v Speaker 3>What happened was like that industry taxes really have come

1:02:10.680 --> 1:02:13.480
<v Speaker 3>down since Kennedy. I mean they've they've in general, there

1:02:13.520 --> 1:02:15.960
<v Speaker 3>have been you know, ebbs and flows, but in general

1:02:16.040 --> 1:02:20.680
<v Speaker 3>they've come down a lot, as far as the minutia

1:02:20.880 --> 1:02:24.000
<v Speaker 3>of exemptions and right off and whatever else. But in

1:02:24.120 --> 1:02:27.320
<v Speaker 3>general they've come down. But the total revenue of the

1:02:27.360 --> 1:02:30.600
<v Speaker 3>government has gone up because the economy has grown. So

1:02:31.960 --> 1:02:34.600
<v Speaker 3>a million times five is better than one hundred thousand

1:02:34.720 --> 1:02:43.080
<v Speaker 3>times ten. But they had again because we don't tear

1:02:43.080 --> 1:02:49.240
<v Speaker 3>if like other countries. So you get not just like

1:02:49.320 --> 1:02:53.120
<v Speaker 3>what I was saying with there's a lot of unions

1:02:53.160 --> 1:02:55.920
<v Speaker 3>out there, you know, so that and that does manipulate

1:02:56.000 --> 1:02:56.600
<v Speaker 3>the job market.

1:02:57.120 --> 1:03:00.200
<v Speaker 1>And that has been like.

1:03:01.720 --> 1:03:04.920
<v Speaker 3>The parasite that killed the host in a lot of cases.

1:03:05.000 --> 1:03:09.440
<v Speaker 3>That's not a fake thing. That happened. That started to

1:03:09.600 --> 1:03:11.640
<v Speaker 3>those chickens started to come home to roost right around

1:03:11.680 --> 1:03:15.400
<v Speaker 3>the same time that the Chinese, that the Japanese automobile

1:03:15.560 --> 1:03:21.120
<v Speaker 3>became introduced to the marketplace. And you can't have a

1:03:21.280 --> 1:03:29.520
<v Speaker 3>seismic reassessment of consumer retail price expectation at the same

1:03:29.640 --> 1:03:31.440
<v Speaker 3>time that you're going to have to deal with a

1:03:31.480 --> 1:03:36.400
<v Speaker 3>seismic reconsideration of labor costs upward first downward. That's that

1:03:36.520 --> 1:03:37.200
<v Speaker 3>is suicide.

1:03:38.520 --> 1:03:42.160
<v Speaker 4>So you're saying like that, like the unions and stuff

1:03:42.400 --> 1:03:44.480
<v Speaker 4>helped make it easier for GM or somebody like that

1:03:44.600 --> 1:03:46.000
<v Speaker 4>to say, well we'll go out the country.

1:03:46.080 --> 1:03:48.280
<v Speaker 3>Then hey, I would say made it easier. They made

1:03:48.320 --> 1:03:51.040
<v Speaker 3>it necessary. Oh okay, I mean it was kind of

1:03:51.120 --> 1:03:53.520
<v Speaker 3>like your only choice. It was like, well, we're not

1:03:53.600 --> 1:03:56.320
<v Speaker 3>going to continue to sell our cars at thirty five

1:03:56.520 --> 1:03:59.520
<v Speaker 3>k in nineteen eighty two, Whatever the hell the price

1:03:59.600 --> 1:04:01.480
<v Speaker 3>would have been to have the same quality of car

1:04:02.920 --> 1:04:08.280
<v Speaker 3>when the cameras coming in and then Honda Accord is

1:04:08.320 --> 1:04:10.040
<v Speaker 3>coming in or whatever the hell, and they're selling them

1:04:10.080 --> 1:04:12.640
<v Speaker 3>at eight grand. There's probably was eighteen to eight Reerever

1:04:12.680 --> 1:04:14.080
<v Speaker 3>the hell the number one. We're gonna have to drive

1:04:14.160 --> 1:04:18.400
<v Speaker 3>the price of our Sedana way down. And I don't

1:04:18.400 --> 1:04:19.919
<v Speaker 3>think there's really enough corners to cut.

1:04:20.680 --> 1:04:24.680
<v Speaker 1>And the American people screw themselves.

1:04:26.120 --> 1:04:28.720
<v Speaker 3>In some ways. Yeah, I mean, is it better if

1:04:28.760 --> 1:04:32.960
<v Speaker 3>you're a family of four to have one really nice

1:04:33.560 --> 1:04:36.640
<v Speaker 3>Chevy and Paula or two Honda Accords?

1:04:40.160 --> 1:04:42.720
<v Speaker 1>And looking out for tuning into the No Senters podcast,

1:04:43.040 --> 1:04:46.320
<v Speaker 1>please do us a favorite subscribe rate communist shit. This

1:04:46.480 --> 1:04:48.720
<v Speaker 1>episode was recorded right here on the West coast of

1:04:48.760 --> 1:04:52.160
<v Speaker 1>the USA. It produced about the Black Effect podcast network

1:04:52.320 --> 1:04:54.040
<v Speaker 1>and now Hard Radio year