WEBVTT - Conversations About Credit 0:00:00.280 --> 0:00:02.800 Watch up and welcome back to another episode and No 0:00:02.960 --> 0:00:05.920 Sinners podcast with your host now funk that with your 0:00:06.000 --> 0:00:14.600 low classes, Malone Elon Musk. They don't gotta run Elon Musk. 0:00:14.880 --> 0:00:18.200 But everybody, everybody is not Elon Musk. Bro Let's let's 0:00:18.320 --> 0:00:23.120 let's world this country though, the problem with this country 0:00:23.200 --> 0:00:25.799 is that prices have gotten so inflated because of the 0:00:25.800 --> 0:00:28.720 borrowing culture that that that the metric of value has 0:00:28.720 --> 0:00:35.680 been polluted. I wish we wasn't doing a damn podcast 0:00:35.800 --> 0:00:41.040 right now, Pete. We're recording this, I know, but I 0:00:41.120 --> 0:00:48.680 just wish because we're supposed to deliver. But that's a 0:00:48.720 --> 0:00:54.040 whole another story. I ain't chipped. So um, how is Florida? 0:00:54.080 --> 0:00:58.760 How's it justin in Florida anyway? Man? I don't even 0:00:58.760 --> 0:01:02.000 want to come back for Christmas at the family, not 0:01:02.120 --> 0:01:08.920 at all. I don't want to ever come back. You 0:01:08.959 --> 0:01:10.800 guys are out of your minds. I don't know what's 0:01:10.840 --> 0:01:12.920 the matter. I don't know what's going on. You guys 0:01:12.959 --> 0:01:15.840 not not moving. You guys are crazy. I don't know 0:01:15.840 --> 0:01:19.440 who you want to live in Florida. Fastest growing state 0:01:19.480 --> 0:01:22.840 in the Union, I think in the Union at last. 0:01:22.880 --> 0:01:25.760 So in the Confederates. Real, that's a really white word. 0:01:25.840 --> 0:01:31.480 The Union, the Union, the Confederacy, the Confederacy. It's the 0:01:31.520 --> 0:01:37.839 fastest growing state in the Confederacy. Man, it's really white 0:01:37.840 --> 0:01:46.320 of you, Peter, Thank you, No sailors, g l my boy, Peter, 0:01:47.080 --> 0:01:51.360 and with us for a third third conversation he's dropping 0:01:51.400 --> 0:01:59.960 in on the players is Gangster Chronicles hosts Manager extraordinaire Mr. 0:02:00.000 --> 0:02:02.400 A Big steal y'all make some noise for Big Steel. 0:02:02.400 --> 0:02:05.440 Ain't nobody clapping for you either. I ain't clapping for you. 0:02:05.600 --> 0:02:09.639 Thank you, thank you, thank you. That was wonderful, man. 0:02:09.639 --> 0:02:13.160 You enjoy your weekend off still, man, I heard that 0:02:13.320 --> 0:02:16.280 the game wasn't played this weekend. Oh no, man, I'm 0:02:16.400 --> 0:02:18.600 very glad that it wouldn't played, man, because it's become 0:02:18.680 --> 0:02:23.960 a joke. Man. The only joke to me is that 0:02:24.040 --> 0:02:26.800 the only team in America to have a school or 0:02:26.840 --> 0:02:29.760 to have a game cancel for COVID is cal Who's 0:02:29.840 --> 0:02:33.480 mandated everybody within five hundred miles to get fifty shots 0:02:33.480 --> 0:02:37.200 in their arms. And they're the only team Berkeley, the 0:02:37.280 --> 0:02:39.320 only place that had a team with so much COVID 0:02:39.360 --> 0:02:41.720 that couldn't play the game. Berkeley and that's what I'm saying. 0:02:41.720 --> 0:02:43.600 I'm just like, how do they kick COVID now? Man? 0:02:43.639 --> 0:02:45.320 Like how did this happen? Man? But I'm I'm cool 0:02:45.360 --> 0:02:46.840 to be at home, man, because you know, it had 0:02:46.880 --> 0:02:49.400 been some crazy either running loft to cal and I 0:02:49.480 --> 0:02:51.919 have been mad that he was some ship. So I'm glad. 0:02:52.080 --> 0:02:54.120 I'm kind of glad to be at home. Sheilling this weekend. 0:02:54.639 --> 0:02:58.760 I don't think that's funny, though, I do think that's funny. California, 0:02:59.200 --> 0:03:02.240 like my state as that whole better than dial type attitude. 0:03:02.680 --> 0:03:06.200 And you are the one who FUNCKX up. And you 0:03:06.240 --> 0:03:08.720 know what state they love to make fun of, Florida. 0:03:08.880 --> 0:03:11.079 And you know who got the best COVID numbers, Florida. 0:03:11.240 --> 0:03:14.040 You had a hundred thousand for a shitty game between 0:03:14.080 --> 0:03:17.000 two garbage schools and state of Florida, Florida State. Welcome 0:03:17.040 --> 0:03:21.680 to Dope, Campbell, Tallahasset and by knes lost. We played 0:03:21.840 --> 0:03:28.840 the game. We didn't have anything about moving into November 0:03:28.919 --> 0:03:31.120 or something like that. I was like, whatever, man, So 0:03:31.160 --> 0:03:34.800 it's not even a forthfeit. No, it should be technically 0:03:34.800 --> 0:03:38.080 to me, hold on, hold on, hold on. First off, 0:03:38.080 --> 0:03:40.320 I'm gonna say this again this is for the second time. 0:03:40.760 --> 0:03:45.040 Still some place for USC. Chris still in me. So 0:03:45.080 --> 0:03:49.600 when he's talking, ain't we didn't ask you? You came 0:03:49.600 --> 0:03:53.040 on this show. We we we informed the audience of 0:03:53.120 --> 0:03:55.240 who the funk we're talking about? So you used to 0:03:55.400 --> 0:03:57.960 tell them about all my whole family. Litten, listen, listen, 0:03:58.160 --> 0:04:00.160 you come on against the Chronicle just to keep it real, 0:04:00.280 --> 0:04:04.480 so real next public forum, you can he on ESPN. Alright, 0:04:04.480 --> 0:04:07.160 ain't no secrets about Yeah, we do want to do this. 0:04:07.400 --> 0:04:11.360 So when he says we, he's referring to USC, so 0:04:11.480 --> 0:04:15.880 go ahead. Now, Yeah, I'm just glad we didn't play 0:04:15.920 --> 0:04:20.240 this weekend. Man. Kind of you know, it gets kind 0:04:20.240 --> 0:04:22.160 of like and then my wife she's getting into all 0:04:22.200 --> 0:04:24.320 the football now, so she watched every game that's on. 0:04:24.400 --> 0:04:27.839 I'm like, can we watch something else besides football that's 0:04:27.839 --> 0:04:32.839 in juxtaposition, you know, because he just get tired sometimes. Man, 0:04:32.880 --> 0:04:35.000 it's too much emotion that goes into it. Man, I'm 0:04:35.000 --> 0:04:37.240 getting old. G I can't get to emostly invested in 0:04:37.279 --> 0:04:39.839 the whole bunch of stuff. My heart starts chickering and 0:04:39.839 --> 0:04:44.240 ship man, it's just ain't cool. You sound like good boy? Yeah, 0:04:44.279 --> 0:04:46.320 I just want a simple life, bro, that's it. I 0:04:46.400 --> 0:04:50.360 just want a simple life, man, that's it. How you 0:04:50.360 --> 0:04:53.640 can come retire in Florida. Man, I'm not coming down 0:04:53.680 --> 0:04:56.280 to the Florida. They got flying roaches down there is hot, 0:04:56.360 --> 0:04:58.520 this human muggy and what you're saving money, you gonna 0:04:58.520 --> 0:05:00.480 spend the air condition because it's hot as a motherfucker 0:05:00.480 --> 0:05:03.920 out there. Way Man, it's so nice. It's colder here 0:05:04.080 --> 0:05:06.800 where you are Florida. You know how it goes on, 0:05:06.920 --> 0:05:08.559 how the weather it was in Florida and it feels 0:05:08.560 --> 0:05:11.760 like you're getting somebody in the um airplane is dumping 0:05:11.800 --> 0:05:14.320 the galling the water on you. Then to be hot 0:05:14.440 --> 0:05:16.880 muggy again. That's how it rained down there though. You 0:05:16.960 --> 0:05:20.720 don't even get that. It's like high eighties, low nineties 0:05:20.720 --> 0:05:25.720 at most right now, No, no, Peter, eighty degrees down 0:05:25.800 --> 0:05:28.080 that feel like it's about a hundred degrees. You're sweating 0:05:28.120 --> 0:05:32.760 your clothes, getting messed up in everything. Today it was 0:05:32.880 --> 0:05:36.960 nice and now he admitted he ain't right. No, I ain't, man, 0:05:37.080 --> 0:05:39.760 it's not You guys are treating it like it's Houston 0:05:40.200 --> 0:05:44.320 or like it's something like that. It's not that. Yeah, yeah, 0:05:44.440 --> 0:05:46.600 it's pretty close. Did you get you did you get 0:05:46.640 --> 0:05:50.839 in your new place yet? Thursday? Thursday? How much is 0:05:50.880 --> 0:05:56.240 the rent? Hundred? Less than a mile from the sand? 0:05:57.440 --> 0:06:02.720 Oh my god, you are in paire days. I'm I'm 0:06:02.839 --> 0:06:05.479 it's just a one bedroom. M's chill. I'm trying to say, 0:06:05.560 --> 0:06:08.599 you know, the month and now in California, where it 0:06:08.640 --> 0:06:11.240 gets you some ship the sides of the closet. I'll 0:06:11.279 --> 0:06:15.160 be in the Jay's und right now. I'm on this. 0:06:15.320 --> 0:06:18.920 I'm on sand like I could. I'm a little bike 0:06:19.040 --> 0:06:21.600 ride from the boardwalk. How tough was it to get 0:06:21.640 --> 0:06:26.599 in it? Um, it's hard. I guess it's just it's 0:06:26.720 --> 0:06:29.400 a bit of a feeding frenzy down here. But I 0:06:29.480 --> 0:06:31.960 had a good um realtor from another place I was 0:06:32.000 --> 0:06:35.560 looking at. There's a two bedroom further inland for six hundred, 0:06:36.400 --> 0:06:38.000 and I let this couple take it and this and 0:06:38.000 --> 0:06:39.480 the girls like, look at this. Other places out of 0:06:39.520 --> 0:06:41.520 the market yet because they're fixing the bathroom up. And 0:06:41.560 --> 0:06:44.000 I was like, this is great, I'll take it. How 0:06:44.040 --> 0:06:47.039 does it work get in the place down there? You know? 0:06:47.040 --> 0:06:49.480 How like in California, you want to go get an apartment, 0:06:49.600 --> 0:06:53.040 if it's available and you want it, you get it. Right, 0:06:53.080 --> 0:06:58.200 if you're there first here the listing apartment, and they'll 0:06:58.279 --> 0:07:03.240 wait for we can take in like fifteen applications and 0:07:03.320 --> 0:07:11.200 kind of like try to upbid everybody out that hold 0:07:11.200 --> 0:07:14.360 on you mean like collect you mean collect like fees 0:07:14.440 --> 0:07:17.440 for like the application fees. No, well that happens too, 0:07:17.560 --> 0:07:21.360 but like no really even prior to that, Like it's, um, 0:07:21.400 --> 0:07:23.560 it's kind of like New York, like they'll list Okay, 0:07:23.560 --> 0:07:27.280 we're gonna list the apartment of fifteen hundred. I'll show up, 0:07:27.280 --> 0:07:29.000 I will give you fifteen hundreds. Some guy will come 0:07:29.040 --> 0:07:32.120 up the next day it's someone I'll give your fifteen fifties, 0:07:32.280 --> 0:07:35.800 and then it'll go for seventeen hundreds. Like it's like 0:07:35.840 --> 0:07:39.960 New York style. Ship. Yeah, so you can auction the ring, yeah, 0:07:40.000 --> 0:07:43.840 I mean it's a market systems. So yeah, that is 0:07:43.880 --> 0:07:48.360 some Florida. I've negotiated rents downward. I've never negotiated a 0:07:48.400 --> 0:07:50.520 rent upward as a consumer. So like the fact that 0:07:50.560 --> 0:07:52.160 I got this before it hit market was probably the 0:07:52.160 --> 0:07:57.680 only ones gonna happen that some country right there. Country ship. 0:07:57.680 --> 0:08:00.240 That's that's that's like Manhattan. Like the people because they're 0:08:00.280 --> 0:08:02.280 doing is looking to see oh it's a nigger right here, 0:08:02.280 --> 0:08:04.240 it's a Mexican right here. We don't want them innute. 0:08:04.240 --> 0:08:06.880 They're looking to see who they want. Well, they're going 0:08:06.960 --> 0:08:09.000 by who got the money? Still ship, they said, he's 0:08:09.000 --> 0:08:11.440 said you could, you can offer eighteen hundred and get 0:08:11.480 --> 0:08:13.880 it over the white man. The motherfucking department was on 0:08:13.960 --> 0:08:15.960 listed for fifteen hundred. That's what the hill And needs 0:08:15.960 --> 0:08:18.160 to be. Ain't no damn bartering system that where you're 0:08:18.160 --> 0:08:22.880 trying to raise the rent up in California. All that 0:08:22.880 --> 0:08:26.040 ship negotiating and beating the ship. I think I think 0:08:26.080 --> 0:08:29.240 that the two bedrooms, looking at the other throople that 0:08:29.320 --> 0:08:31.080 took it, they were gonna outbe me. They were a 0:08:31.120 --> 0:08:32.760 black couple. I was just like, I'm not even gonna 0:08:33.120 --> 0:08:34.720 I'm not even gonna put a bit in a foreshot 0:08:34.760 --> 0:08:36.280 bit because I knew that they were going to do it, 0:08:36.840 --> 0:08:38.080 So I just said, you can just have it at 0:08:38.080 --> 0:08:40.839 the market rate and I'm not going to force that props. 0:08:41.040 --> 0:08:44.440 Why that's why you're not a cracker. Thank you. That 0:08:44.520 --> 0:08:47.640 was so generous of you. It's also why I'm in 0:08:47.920 --> 0:08:51.600 a hotel stone, but that because you know, I respect 0:08:51.640 --> 0:08:55.280 that man. It's that type of excellence doesn't happen with 0:08:55.440 --> 0:09:00.280 Caucasian people traditionally that are in position. You let me 0:09:00.280 --> 0:09:03.120 ask you this, Peter, did they have um did they 0:09:03.160 --> 0:09:05.199 have a required credit score that they wanted you to 0:09:05.240 --> 0:09:09.600 have before you move in there? Yes? What was the score? 0:09:10.640 --> 0:09:13.400 Six fifty, six fifty, So you have been in the 0:09:13.400 --> 0:09:15.760 fifth six fifty credit scores at least of six fifty. 0:09:16.480 --> 0:09:19.400 It's about seven. Oh you have so you do have 0:09:19.480 --> 0:09:23.120 white credit. I thought your credit was was for a decade. 0:09:23.559 --> 0:09:28.800 It was for a decade. My score seven seventy two. 0:09:29.920 --> 0:09:34.160 You've got a good credit. Damn fun credit? What that see? That? 0:09:34.320 --> 0:09:38.040 That's the thing. Like, I ain't never met a white 0:09:38.080 --> 0:09:43.559 person who brag about credit. Only negroes brag about credit, 0:09:43.920 --> 0:09:47.520 the ability to borrow money. Somebody was talking to me 0:09:47.559 --> 0:09:49.680 the other day. They was like it was a girl. 0:09:49.800 --> 0:09:51.439 She was like, kids, you know my score is a 0:09:51.920 --> 0:09:54.920 seven thirty, And I'm like, you proud you could borrow 0:09:54.960 --> 0:09:57.880 money so you can vault yourself in the in the 0:09:57.960 --> 0:10:00.959 debt even faster. Oh, don't think that's so much with 0:10:01.080 --> 0:10:02.600 all it is a little bro I think it's the 0:10:02.640 --> 0:10:04.440 fact too, if you need credit to do a lot 0:10:04.480 --> 0:10:06.360 of things in this world. Even if you have money, 0:10:06.720 --> 0:10:08.360 what do you need credit for? If you have money? 0:10:08.400 --> 0:10:11.840 You know? You know what? Let me rephrase that. You listen, 0:10:12.800 --> 0:10:15.960 you can have money, No, Listen, though you can have money, 0:10:16.040 --> 0:10:17.719 you can have a million dollars, you can have to 0:10:17.920 --> 0:10:20.520 three million dollars. But if you're in commerce and you 0:10:20.559 --> 0:10:22.760 want to elevate that business, you're gonna have to have 0:10:22.840 --> 0:10:26.120 some kind of credit or financial backing in order to 0:10:26.160 --> 0:10:31.600 proceed forward with that venture. Only because you don't have money. 0:10:33.360 --> 0:10:35.079 I don't know. It depends, man, Because you can have 0:10:35.120 --> 0:10:38.040 you can get denied on some ship. Can you get 0:10:38.360 --> 0:10:43.720 How can they deny you something if you're paying for it? Listen, 0:10:44.080 --> 0:10:45.680 maybe you don't have the money to pay for that 0:10:45.720 --> 0:10:49.319 particular thing. Maybe you try what I just said to you. 0:10:49.320 --> 0:10:53.240 You only need credit if you don't have money. Yep, 0:10:53.320 --> 0:10:55.719 and and and unfortunately, even people with money need to 0:10:55.760 --> 0:10:58.280 have credit if they're in business, not if they got 0:10:58.360 --> 0:11:01.440 enough money. You know. Like like like when my like 0:11:01.559 --> 0:11:03.679 my mom's dad, he had a lot of money. What 0:11:03.800 --> 0:11:06.760 he wanted to buy something, he just walked up and 0:11:06.840 --> 0:11:08.839 fucking bought it. And I was right, don't need to 0:11:08.920 --> 0:11:13.320 run my credit, Mr, mr whoever you are I mean like, 0:11:13.520 --> 0:11:16.840 I got frustrated a couple of weeks back at a 0:11:16.840 --> 0:11:19.080 place that want to delay and drag out the process, 0:11:19.080 --> 0:11:20.920 and I had the cash on hand. I was like, look, 0:11:21.960 --> 0:11:24.760 I don't want to spend an extra thousand some dollars 0:11:24.760 --> 0:11:29.640 at the hotel. I'll buy the lease out fifteen times 0:11:29.679 --> 0:11:32.400 twelve in a deposit. I'll give you the whole fucking thing. 0:11:33.120 --> 0:11:36.760 I'll give you sixteen five two days when you run 0:11:36.840 --> 0:11:40.720 by credit then and they still it was like the 0:11:40.720 --> 0:11:42.640 realtor was like, we'll do it, and then the management 0:11:42.679 --> 0:11:45.320 company was kind of like because it's like not a 0:11:45.360 --> 0:11:51.920 thing that happens. But to steal's point from a number standpoint, 0:11:51.960 --> 0:11:54.400 here's where credit matters. If you have money, say I 0:11:54.440 --> 0:11:57.120 got a million dollars right, and I haven't invested in 0:11:57.679 --> 0:12:00.640 a vehicle that is paying me ten percent a year, 0:12:01.520 --> 0:12:03.959 I don't want them. That's pretty good, but it's that 0:12:04.120 --> 0:12:07.480 that's the market the last several years. So I don't 0:12:07.480 --> 0:12:11.360 want to break down that ten to go, put something 0:12:11.440 --> 0:12:13.520 to go, put it into another thing. If I can 0:12:13.559 --> 0:12:16.559 get that same money at three percent, because that's seven percent, 0:12:16.679 --> 0:12:20.360 Delta is gonna stay coming back to me. So that's 0:12:20.400 --> 0:12:23.240 kind of the value of credit if you're gonna do that. Again, 0:12:23.280 --> 0:12:25.079 it's one of those things where you just don't have 0:12:25.120 --> 0:12:27.839 the money. You can have some money. When what I'm 0:12:27.840 --> 0:12:30.319 saying to have money, I mean you have the money 0:12:30.320 --> 0:12:33.719 for whatever it is you want to buy, But it's 0:12:33.760 --> 0:12:37.199 what's your money costing us, what's your money earning? If 0:12:37.200 --> 0:12:39.400 I if I have ten million dollars and a thing 0:12:39.440 --> 0:12:43.160 costs five million dollars, but I'm making more money on 0:12:43.240 --> 0:12:46.360 the five million dollars that it costs to borrow five 0:12:46.360 --> 0:12:50.840 million dollars, then it's more advantageous to borrow it because 0:12:50.880 --> 0:12:55.040 the difference between the costs and the earning is profit 0:12:55.200 --> 0:12:58.280 that comes into my pocket. Totally understand. But again we 0:12:58.360 --> 0:13:02.760 still talking about which I'm not mad at not having money. 0:13:02.920 --> 0:13:05.160 Like let's say, if whatever you want, you can just 0:13:05.520 --> 0:13:08.680 pay for it. Yeah, but now we're kind of stepping 0:13:08.760 --> 0:13:13.280 up the rim of reality. How many people like that? 0:13:13.280 --> 0:13:16.240 That's how many people have it like that? That's some people. Yeah, 0:13:16.400 --> 0:13:18.720 Elon Musk, they don't gotta run Elon Musk. No, but 0:13:18.840 --> 0:13:22.320 everybody everybody is not Elon Musk. Bro Let's let's let's 0:13:22.960 --> 0:13:25.320 in the world. But that's the wroblem with this country, though, 0:13:25.760 --> 0:13:28.320 the problem with this country is that prices have gotten 0:13:28.360 --> 0:13:30.880 so inflated because of the borrowing culture that that that 0:13:31.000 --> 0:13:34.640 the metric of value has been polluted. You know, like 0:13:35.600 --> 0:13:37.240 you don't have the money to go buy a house 0:13:37.559 --> 0:13:40.880 in southern California, Go buy the house in Memphis, not 0:13:41.000 --> 0:13:44.360 go borrow the money and whatever else. I mean, if 0:13:44.360 --> 0:13:48.400 you pay three on thirty years at a million dollars, 0:13:48.520 --> 0:13:52.080 you're paying one point nine for that house. You know, 0:13:53.120 --> 0:13:55.480 does that make sense to get it? Makes sense? I 0:13:55.480 --> 0:13:57.280 get what he's saying that that's what That's the same 0:13:57.320 --> 0:14:02.000 stuff I was saying earlier. We are saying, m Yeah, 0:14:02.160 --> 0:14:05.520 I get it. So that you know what the thing 0:14:05.720 --> 0:14:08.439 is though, bro about credit and money and stuff is 0:14:08.520 --> 0:14:10.439 um and I see it all the time. A lot 0:14:10.440 --> 0:14:13.080 of people in this country just live beyond their means. 0:14:13.960 --> 0:14:17.400 It's like they can never they can never start saving 0:14:17.480 --> 0:14:20.080 because you know, when you first got out of college, 0:14:20.120 --> 0:14:21.920 if you get a job making fifty and sixty, you 0:14:21.920 --> 0:14:24.480 feel like you're making money. Right. Okay, So first off, 0:14:24.600 --> 0:14:26.800 like we talk about like when you just started off 0:14:26.800 --> 0:14:30.800 getting out of college and ship, what do we really Yeah, 0:14:31.120 --> 0:14:34.400 let me finish my thing let me let me finish 0:14:34.440 --> 0:14:37.280 with saying I'm just talk about regularly everyday people. Right. 0:14:37.880 --> 0:14:39.400 You know, they may get a job where they're making 0:14:39.400 --> 0:14:41.680 fifty sixty a year and they think that's good, that's 0:14:41.720 --> 0:14:43.360 a that's a good living for them for the first 0:14:43.400 --> 0:14:46.560 few years. But then they start buying more ship because 0:14:46.600 --> 0:14:48.400 of course they have more money than they had in college, 0:14:48.400 --> 0:14:50.240 so they start buying it. They get an apartment, they 0:14:50.240 --> 0:14:52.800 buy this, they go get a car. Right then they 0:14:52.800 --> 0:14:54.560 meet the check that they're like and say, you know what, 0:14:55.800 --> 0:14:59.960 let's get married. Let's get married. Then oh, I don't 0:15:00.000 --> 0:15:01.600 want to live in this apartment no more. I want 0:15:01.600 --> 0:15:04.520 to go get a house because my friend Candice has 0:15:04.520 --> 0:15:06.320 a house now and her and her friend her and 0:15:06.320 --> 0:15:09.440 her boyfriend Timmy just bought a house, so not evenant house. Right. 0:15:09.800 --> 0:15:12.160 So now that this man is feeling the pressure to say, okay, 0:15:12.200 --> 0:15:14.080 I'm making this list sixty and seventy year, I need 0:15:14.120 --> 0:15:16.000 to elevate my game. So you may need to start 0:15:16.040 --> 0:15:22.040 e looking for another job, be deal with the ship 0:15:22.120 --> 0:15:24.200 that you're dealing with. You know what I'm saying, You 0:15:24.240 --> 0:15:27.280 want the most controversial hot take that you're gonna get 0:15:27.320 --> 0:15:30.880 on this topic, anywhere in America that I'm gonna give 0:15:30.920 --> 0:15:34.480 it to you right here and now I'm listening. I 0:15:34.600 --> 0:15:38.160 have for over a decade been pounding the table that 0:15:38.280 --> 0:15:43.600 the two thousand eight security or real estate bubble crash 0:15:44.640 --> 0:15:49.400 is the direct result of the feminist movement and the 0:15:49.520 --> 0:15:52.800 flooding of women into the workplace because you now had 0:15:53.560 --> 0:15:56.840 men still want women, but no woman wants a man 0:15:56.920 --> 0:15:59.160 that makes less than them. So the man has to 0:15:59.200 --> 0:16:03.800 pursue put out the perspective that he makes more than 0:16:03.800 --> 0:16:05.800 the woman. Well, if he doesn't, how is he gonna 0:16:05.840 --> 0:16:09.280 do that by borrowing a bunch of money? Yes, I agree, 0:16:09.480 --> 0:16:13.800 and that so again, the only reason someone would feel 0:16:13.840 --> 0:16:18.640 that's a fund up take is they lack accountability. Only 0:16:18.680 --> 0:16:23.680 the gender that feels like they lack accountability only the 0:16:23.760 --> 0:16:29.080 only person, the only gender that would feel offended by 0:16:29.120 --> 0:16:33.680 that lacks accountability. If you're offended by that, then you 0:16:33.680 --> 0:16:39.080 you lack accountability for your actions. Because the reality of 0:16:39.120 --> 0:16:41.640 it is is most men get into that because of 0:16:41.640 --> 0:16:45.000 their spouse, and it can be the other way around. 0:16:45.000 --> 0:16:47.280 It's some women that's very good with money, and you 0:16:47.480 --> 0:16:49.840 have a dude that always got these schemes and plans 0:16:49.880 --> 0:16:53.680 and plots. That's very rare, but it happens. You know, 0:16:57.000 --> 0:17:00.440 that is an outlier. That is an outlier outlier, sound 0:17:00.440 --> 0:17:03.400 like yeah, but you know for the most part, you know, 0:17:03.560 --> 0:17:05.600 you see it all the time. You you see these guys, 0:17:05.760 --> 0:17:09.480 um they typically live in places like hunting Beach and stuff. 0:17:09.480 --> 0:17:11.399 They want to get as close to Newport Beach as 0:17:11.440 --> 0:17:14.280 they can't, right, so they may live in Hunton Beach, right, Yeah, 0:17:14.640 --> 0:17:16.560 you will see their wife and you just see these 0:17:16.640 --> 0:17:18.400 dudes sometimes when you're in the mall, you can tell 0:17:18.400 --> 0:17:20.520 they stressed the funk out. They just look unhappy. The 0:17:20.600 --> 0:17:23.840 kids is wearing, you know, the kids got on George's 0:17:24.200 --> 0:17:26.400 the wife got her back on. You see some poor 0:17:26.440 --> 0:17:28.679 asshole in the background just look like he just depressed. 0:17:28.720 --> 0:17:30.320 I'm like, yeah, because he could pull out that credit 0:17:30.359 --> 0:17:32.600 card and go buy this ship and they got down. 0:17:32.680 --> 0:17:34.800 He could have a heart how to pay for all 0:17:34.880 --> 0:17:36.719 this ship, you know what I mean? And all that 0:17:36.760 --> 0:17:39.440 wife's doing is bitching and bitching and bitching and bitching. 0:17:39.520 --> 0:17:42.199 How come we still live in Huntington Beach. All my 0:17:42.280 --> 0:17:45.719 friends from the you know, croquet club wherever the fun 0:17:45.840 --> 0:17:48.040 live in Newport Beach and Big Canyon and in and 0:17:48.080 --> 0:17:50.240 in and then we're still over here off Bruckers. What 0:17:50.320 --> 0:17:52.199 the fun time? I'm gonna go cheat on you when 0:17:52.200 --> 0:17:54.520 you would work all that ship. You see it all 0:17:54.560 --> 0:17:57.439 the time, man, and some white people's ship. But but 0:17:57.520 --> 0:17:59.400 you see it all. You see it all the time. Man, 0:17:59.480 --> 0:18:01.920 You see that all the time. And I guarantee you 0:18:01.960 --> 0:18:03.760 if you took a survey at the average household of 0:18:03.800 --> 0:18:06.840 people to live in these places, they barely can afford 0:18:06.840 --> 0:18:08.520 a little. Because I'm gonna tell you the motherfucker that 0:18:08.600 --> 0:18:11.280 got money. I got a homeboy that's a real estate bearing. 0:18:11.720 --> 0:18:16.120 He's worth well over a billion dollars. Right Yeah, this dude, 0:18:16.119 --> 0:18:18.040 when I say he's a bearon, you know, he calls 0:18:18.040 --> 0:18:19.879 me for this type of ship. Hey, norm what are 0:18:19.920 --> 0:18:23.480 you doing? I'm like just just chilling working on some ship. Hey, well, 0:18:23.480 --> 0:18:25.280 I'm by your crib. Dude. Come to the six or 0:18:25.320 --> 0:18:26.919 five and look at this plot of land on building. 0:18:26.960 --> 0:18:28.800 So I go over there. This he is land and 0:18:28.840 --> 0:18:30.720 he just don't got a little house he's fixing up 0:18:30.720 --> 0:18:33.040 and no ship. This motherfucker actually has like a a 0:18:33.359 --> 0:18:35.840 like a three or four or five acre strict dude, 0:18:35.840 --> 0:18:39.359 what I'm doing has already got this LEAs to motherfucking Walmart, 0:18:39.600 --> 0:18:41.439 and I got the other one leads to FedEx the 0:18:41.440 --> 0:18:44.480 other side of at least the FedEx. They're building the facilities. 0:18:44.520 --> 0:18:46.439 I'm building the facilities and they go room from me 0:18:46.480 --> 0:18:49.000 for like the next hundred years. He signed a hundred 0:18:49.040 --> 0:18:51.199 years land leases on ship like that. And you know 0:18:51.240 --> 0:18:53.359 what this motherfucker drives. He drives a pick up. He 0:18:53.400 --> 0:18:55.159 wears a T shirt and jeans. You can't tell his 0:18:55.200 --> 0:18:57.080 motherfucker got money, but you know what he does. And 0:18:57.600 --> 0:19:00.359 he got a private jet. His crib is sick, but 0:19:00.600 --> 0:19:03.000 he just don't flaunt his money like that, like he 0:19:03.080 --> 0:19:06.000 don't like he you don't care, you know what I mean. 0:19:06.760 --> 0:19:11.080 I mean, I I agree, like I get it for us, 0:19:11.119 --> 0:19:15.280 for us in our community. It's always tough because when 0:19:15.280 --> 0:19:18.439 you used to being treated like ship, you know, you 0:19:18.560 --> 0:19:21.119 always want to look like you're not ship. You maybe 0:19:21.119 --> 0:19:23.560 shipped on the inside, but you at least want to 0:19:23.560 --> 0:19:26.680 look like you ain't ship. So it's it's a it's 0:19:28.600 --> 0:19:32.480 to get treated. There's somebody were the Kings are looking 0:19:32.520 --> 0:19:36.000 like we got more money. Well that's because again it's 0:19:36.040 --> 0:19:38.400 it's one of those situations where you want to look 0:19:38.440 --> 0:19:40.080 better than you feel, you know what I mean, and 0:19:40.160 --> 0:19:43.560 necessarious deep trauma. It's not simple, you know, it's it's 0:19:43.640 --> 0:19:46.760 it's much deeper than that. And and I noticed, and 0:19:46.800 --> 0:19:49.440 I noticed as a as a man, because I didn't 0:19:49.440 --> 0:19:53.680 grow up poor. Um. You know, Olivia and my mom 0:19:53.720 --> 0:19:56.320 wrestled so big oh was making she was on it. 0:19:56.359 --> 0:19:59.280 She was a registered nurse, you know, she had a master's. Um. 0:19:59.320 --> 0:20:01.320 We lived in a forms in Compton, like we lived 0:20:01.359 --> 0:20:03.360 in Contable. We lived in the wrestling forums. And that's 0:20:03.440 --> 0:20:08.840 kind of like uh much more um productive area, affluent, 0:20:08.960 --> 0:20:11.920 that's the right word. So and then my pops on 0:20:12.040 --> 0:20:14.000 the tow truck, and you know, they both was hustling. 0:20:14.119 --> 0:20:18.000 So you know, I never felt the need to show 0:20:18.040 --> 0:20:21.240 people I have something like So even if you know, 0:20:21.240 --> 0:20:23.880 I don't know my grandparents situation. I think my grandmother 0:20:23.920 --> 0:20:27.119 owned her house, and I know my grandfather only made 0:20:27.200 --> 0:20:30.000 him once, but I know he owned his house. So 0:20:30.600 --> 0:20:33.320 I think I've never felt the need to show anybody 0:20:33.320 --> 0:20:35.399 I have something. I just have something like I'm not 0:20:35.440 --> 0:20:37.480 trying to prove it to you. But I noticed a 0:20:37.480 --> 0:20:40.240 lot of people that I came up with, you know, 0:20:40.359 --> 0:20:44.160 going down there to the car dealership, you know, financing cars, 0:20:44.800 --> 0:20:49.480 doing whatever, you know, way to face first into the 0:20:49.520 --> 0:20:53.960 economics that they're making, trying to prove to everybody that 0:20:54.080 --> 0:20:56.200 they have something. So I just think it's weird, right, 0:20:56.240 --> 0:20:59.600 you have a bunch of people spending money to look 0:20:59.640 --> 0:21:03.359 the part, and the part itself doesn't spend money to 0:21:03.440 --> 0:21:07.320 look like anything. It's almost like it's almost like a 0:21:07.320 --> 0:21:11.040 false like the way like my community and people from 0:21:11.040 --> 0:21:15.240 where we're from see you know, wealth, like we see 0:21:15.240 --> 0:21:18.160 wealth like Gucci. But everybody that I know that's wealthy, 0:21:18.359 --> 0:21:22.320 whether Brian Turner, whether Jimmy, any wealthy person I know 0:21:22.520 --> 0:21:26.600 or I talked to, I've never seen them have any 0:21:26.640 --> 0:21:28.760 signs of what we see in wealth. They don't have 0:21:29.560 --> 0:21:33.080 those cars, they don't have those belts, they don't have 0:21:33.160 --> 0:21:36.679 those garments, they don't have those shoes, you know, like 0:21:37.560 --> 0:21:40.320 that business trying to not look like money. So I 0:21:40.320 --> 0:21:43.200 don't know what's wealth? You know, where did we get 0:21:43.240 --> 0:21:46.080