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Speaker 1: Hey, hey, hey, ooh we're back.

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Speaker 2: We're black, we're brown.

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Speaker 1: And ambition, ambition, ambition, ambition, ambition. We're only down to

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Speaker 1: one brown today because Mandy's on a trip. First of all, Okay,

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Speaker 1: so I'm taking this on Monday the what is today?

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Speaker 1: Monday the twenty second, So yesterday, Sunday, the twenty first.

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Speaker 1: History was made because our current president, Joseph I believe

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Speaker 1: Robin is his middle name, Biden, decided that he was

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Speaker 1: not going to seek re election and not going to

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Speaker 1: be the nominee for Democratic.

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Speaker 2: Party for twenty twenty five.

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Speaker 1: Well, he's for sure he's not going to be president

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Speaker 1: for twenty twenty five because he decided to step down

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Speaker 1: and so, and he threw his endorsement behind our current

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Speaker 1: vice president, Kamala. I always want to come, come on, Kamala,

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Speaker 1: but I'm like, it's Kamala, like Kama Kamala.

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Speaker 2: Harris and the world was thrown into a tizzy. Honey.

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Speaker 1: I was literally at brunch with a friend of mine.

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Speaker 1: We had taken a walk. So I walked so much

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Speaker 1: this weekend sidebar. I walked like thirteen miles on on Saturday,

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Speaker 1: and like eight miles or so, No. Nine and a

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Speaker 1: half miles on Sunday, your girl was walking, and so.

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Speaker 2: We went for a walk and.

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Speaker 1: Someone texted me and said, you know, oh my goodness,

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Speaker 1: you know, ain't this your girls? I just I think

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Speaker 1: I mentioned last week. I just was invited to the

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Speaker 1: Vice President's president. If I hadn't, if I didn't mention

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Speaker 1: that I was, she's on the economic tour stop and

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Speaker 1: I'll talk to you about some of the things I learned.

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Speaker 1: But it was kind of like, WHOA, Okay, I think

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Speaker 1: we're all, you know, I suspect, but you don't know

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Speaker 1: that I don't live in that house. And so yeah,

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Speaker 1: I think we're all a little bit shocked and surprised,

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Speaker 1: and I want to talk about kind of like what

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Speaker 1: I learned at the Vice President's residence. She is currently on,

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Speaker 1: like I said, an economic tour, and she talked about

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Speaker 1: some of the economic gains of this current administration have done.

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Speaker 2: She also, because.

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Speaker 1: It was an economic tour stop that partnered with the

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Speaker 1: Black Chamber of Commerce. They had their annual conference in DC.

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Speaker 1: I don't know if it's in DC, but they had

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Speaker 1: their annual conference, and so they had the reception at

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Speaker 1: the Vice President's residence. She specifically focused on the economic

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Speaker 1: progress for black communities. So I want to kind of

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Speaker 1: share some of that stuff with you later on in

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Speaker 1: the show, because I had promised the girls, right, we

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Speaker 1: was gonna talk about student loan debt relief because as

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Speaker 1: you know, your girl been, I've been in DC a

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Speaker 1: lot lately, okay, because one of my boo lives there,

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Speaker 1: you know, my new villa, my new booll. But I

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Speaker 1: guess relative to like, you know, all the loss and stuff.

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Speaker 1: But and so he lives there, and so but I

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Speaker 1: have been going for official business and I was invited

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Speaker 1: to my first Congressional briefing, as I mentioned, I think

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Speaker 1: last episode, and it was specifically about student loan debt relief.

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Speaker 1: And it was held by Senate Majority Leader Chuck Schumer,

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Speaker 1: who's the Senator of New Jersey, not New Jersey, I'm sorry,

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Speaker 1: New York. He's very in New York. Senator Elizabeth Warren,

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Speaker 1: I believe she's Massachusetts. Don't give me a line, Senator Warnock,

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Speaker 1: and Representative ayan La Pressley.

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Speaker 2: And so what was so.

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Speaker 1: Awesome about it is not only did I get a

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Speaker 1: chance to go, it was only six other creators there,

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Speaker 1: and they really gave us a tremendous breakdown that I'm

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Speaker 1: going to actually share with you, because I was like,

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Speaker 1: can I get this digitally? OK?

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Speaker 2: And they said yes.

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Speaker 1: They gave us a tremendous breakdown of kind of like

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Speaker 1: some student loan debt relief backs. So I was like,

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Speaker 1: wait what, and I'll say something new just happened, and

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Speaker 1: I'll mention that too, and then they also kind of

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Speaker 1: gave a breakdown of like what this current administration has

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Speaker 1: done in favor of student on debt relief.

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Speaker 2: And I figured i'd share some of those things.

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Speaker 1: With you, but before I forget, if you want, like

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Speaker 1: the stuff I'm going to share today, if you're wanting

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Speaker 1: a copy of it, because I did ask for a

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Speaker 1: digital copy, if you go to my IG the Bunchetista,

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Speaker 1: there should be like a reel where you're going to see, like,

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Speaker 1: you know, like me talking about that day, me going

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Speaker 1: to Capitol Hill, YadA, YadA, YadA, and then I'll say

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Speaker 1: type the word details below and I will send you

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Speaker 1: via DM a copy of what I'm sharing with you now.

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Speaker 1: So if you want that free copy, and you know

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Speaker 1: you do, go ahead on over to IG.

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Speaker 2: Check my reels.

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Speaker 1: Look for the reels about me, but going to Capitol

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Speaker 1: Hill type details and I'll send you to you for free,

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Speaker 1: because honestly.

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Speaker 2: It was fascinating. So you want to hear about it.

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Speaker 2: Here it go.

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Speaker 1: Let me pull it up because I was like, wait,

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Speaker 1: say what now? So just some fast facts real quick?

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Speaker 1: Am I gonna be able to look at this big? Honestly,

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Speaker 1: technology is not my fund. You know what, I'm not

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Speaker 1: even gonna I'm not even gonna do this. I know

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Speaker 1: what I'm gonna do because I printed it out because

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Speaker 1: I know how I do u u uh. So I

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Speaker 1: was gonna look at it my computer, so it looks

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Speaker 1: like I wasn't looking at my computer.

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Speaker 2: But I'm just.

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Speaker 1: Gonna look because the girl. First of all, I'm a

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Speaker 1: sucker for like swag, Like look look at this. Look

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Speaker 1: at this folder they had given you a girl. It

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Speaker 1: says the United States send it.

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Speaker 2: You know. I got to keep it good because my

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Speaker 2: mama's gonna want it. She's gonna want everything.

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Speaker 1: And look, I got a loan name tag the Tiffany Alice. Yes,

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Speaker 1: I might keep this on my desk though she can't

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Speaker 1: have everything. So let's talk about some of the fast

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Speaker 1: facts about student loan debts at a glance.

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Speaker 2: Are you ready here? Go?

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Speaker 1: So right now, according to the United States government right now,

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Speaker 1: roughly about forty three million with an American struggle with

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Speaker 1: federal student loan debt. We're ne ever talking about, like,

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Speaker 1: so federal student loan debt is you know how sometimes

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Speaker 1: some people get private loans. I don't know if I

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Speaker 1: ever had private loans. I think allline were federal, but

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Speaker 1: you know, the private loans. Unfortunately, I've seen you guys

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Speaker 1: ask for like, you know, what can we do about

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Speaker 1: private student loan debt? And unfortunately, the federal government doesn't

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Speaker 1: have jurisdiction there you owe that person directly. But federal

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Speaker 1: student loan debt affects forty three million Americans, which is

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Speaker 1: basically all y'all right, Students take on loans on the

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Speaker 1: promise that college education will provide a ticket towards middle

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Speaker 1: class and we all know the middle class in middle classing.

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Speaker 1: You know, but between nineteen eighty, you know, in twenty twenty,

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Speaker 1: the cost of college increased by guess how much?

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Speaker 2: Hey, Because I was born.

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Speaker 1: In nineteen seventy nine, honey, so that was around my time.

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Speaker 1: To twenty twenty, college increased by one hundred and eighty percent.

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Speaker 2: That's crazy, while wages have not kept up. You already know.

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Speaker 1: Imagine your wage is increasing by one hundred and eighty percent,

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Speaker 1: they're not. So college has gotten so expensive, and yet

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Speaker 1: income has not gotten so expensive. And so now many

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Speaker 1: millions of student loan borrows are barely treading order, especially

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Speaker 1: if you're of the brown ambition persuasion, if you know

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Speaker 1: what I mean. So, under our current President Biden, things

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Speaker 1: have started to change, and I'm going to show you how. So.

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Speaker 1: He was able to cancel student loan debt for more

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Speaker 1: Americans than any other president in history combined.

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Speaker 2: I'm going to give you the exact stats.

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Speaker 1: Under his administration, nearly five million people before the Supreme

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Speaker 1: cork stepped.

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Speaker 2: In like a hater and blocked it.

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Speaker 1: But under his administration, nearly five million people have gotten

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Speaker 1: student loan debt relief. In fact, he has canceled approximately,

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Speaker 1: get this, ten percent of all student loan debt. That

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Speaker 1: was tremendous. I'm like, why y'all not be telling people?

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Speaker 1: Do y'all tell people? Because I'm sitting here in this

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Speaker 1: briefing like eyes blinking, like what? I also got to

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Speaker 1: ask people individual questions which I'll tell you some of

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Speaker 1: the things they shared. And so unfortunately there are those

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Speaker 1: who are working over time to block student loan debt cancelations.

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Speaker 2: I wonder why.

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Speaker 1: So there are like they people have fought in particularly

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Speaker 1: the Republicans quite honestly, have filed lawsuits in order to

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Speaker 1: block the president's cancelation plans. In twenty twenty three, the

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Speaker 1: Supreme Court blocked President Biden's initial plan to cancel student

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Speaker 1: loan debt for around forty million Americans. Matter of fact,

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Speaker 1: let's do the googles. How many Americans? How many Americans

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Speaker 1: are there in America? I don't even know. Let's see

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Speaker 1: how many America's population, and they're.

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Speaker 2: Their pop ulation.

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Speaker 1: So the population of America is three hundred and thirty

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Speaker 1: basically six million people, right, and that's everybody. So we're not,

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Speaker 1: you know, obviously not everybody. You know, you might be

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Speaker 1: ten years old, you know, that's what they're counting. But

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Speaker 1: think about forty million people, you know that we're on.

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Speaker 1: So if forty three million are affected by federal student loan,

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Speaker 1: his policies were going to affect forty million of those

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Speaker 1: people before it got blocked by the student Loans under

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Speaker 1: something called the Heroes Act, you know, but he didn't

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Speaker 1: let that set him back.

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Speaker 3: Right.

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Speaker 1: So here's the thing, except for just most recently he

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Speaker 1: was like, we're gonna work around.

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Speaker 2: He started to work through the.

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Speaker 1: Department of Education and said we can do some work

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Speaker 1: on this side. But just recently, just literally a few

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Speaker 1: days ago, they have now blocked that as well. I mean,

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Speaker 1: it's not the Heroes Act.

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Speaker 2: It's gone.

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Speaker 1: We're not doing that no more. They're like, uh, the

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Speaker 1: Supreme Court already ruled on it.

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Speaker 2: It's over.

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Speaker 1: But this way of going through the Department of Education,

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Speaker 1: there was still some hope there and there still is.

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Speaker 1: It's pause while they review, which is unfortunate because it's like,

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Speaker 1: why can't people get student loan debt forgiveness or help?

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Speaker 2: Hold that thought and we'll be right back.

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Speaker 3: State firm agents are small business owners too, so they

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Speaker 3: know how to help help you choose personalized policies that

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Speaker 3: fit your needs, like a good neighbor state farm is there?

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Speaker 3: Talk to your local agent today.

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Speaker 1: Now here's the thing you have to ask yourself when

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Speaker 1: something is blocked, who was on the other side for

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Speaker 1: who benefits? You know, let me tell you who benefits

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Speaker 1: working class and middle class families. Obviously the majority of

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Speaker 1: student loans are held by those with no household wealth.

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Speaker 1: So what does that mean. It means money in the bank.

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Speaker 1: Showed you what you think. There's nothing there, you know,

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Speaker 1: like people are not saving. People have more debt than

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Speaker 1: they have assets. So the majority are working class families

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Speaker 1: and middle class families.

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Speaker 2: Who hold student loan debt. This is who would benefit

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Speaker 2: from cancelation. People with four year degrees. Did you get us? Said?

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Speaker 1: People with four year degrees? So, people with that, I'm

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Speaker 1: sorry for your degrees. This part shocked me. I did

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Speaker 1: not know that the majority, well not the majority, but

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Speaker 1: forty three percent of bars who don't have four year

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Speaker 1: degrees are the ones who are strugg with student loan debt.

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Speaker 2: Did you get us? Said?

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Speaker 1: So I'm thinking like, oh, you get student loans to

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Speaker 1: go to a four year college so you can make

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Speaker 1: more money. No, forty three percent, so it's not quite half,

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Speaker 1: but not too far off. Forty three percent are people

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Speaker 1: who are borrowing money for maybe trade school, maybe associates,

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Speaker 1: some sort of like a continuing education that's not a

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Speaker 1: four year degree. Because we know that four year degrees

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Speaker 1: increase your income. You're earning potential tremendously. So forty three

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Speaker 1: percent of borrows are taking out money. And it's not

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Speaker 1: what you would think the typical, you know, it's not

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Speaker 1: the people who are like, well, at least when I'm done,

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Speaker 1: I'll be a doctor or attorney or engineer necessarily to

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Speaker 1: be able to pay these back.

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Speaker 2: Public service workers.

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Speaker 1: So currently the President has canceled student loan debt for

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Speaker 1: almost a million public service workers under his Save plan.

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Speaker 2: The first year a first year da da, da da.

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Speaker 1: Let me see, oh this is really all because this

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Speaker 1: would have been so helpful for me. A first year

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Speaker 1: teacher with a bachelor's degree would see a two thirds

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Speaker 1: reduction in the total student loan payments. So if you're

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Speaker 1: a first year teacher and you're like, you know what,

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Speaker 1: I want to be a teacher, although I've gone to

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Speaker 1: school and I have all the student loan debt, you

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Speaker 1: would see your student loan payment go down by two thirds,

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Speaker 1: which is tremendous. Especially when I started teaching, I was

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Speaker 1: making thirty nine thousand dollars a year, which is in

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Speaker 1: New Jersey girl, nothing.

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Speaker 2: And so imagine I also was paying student loans.

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Speaker 1: And I'm going to tell you something about applying, so

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Speaker 1: we've all, well, we're gonna go get into the student

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Speaker 1: loan repayment programs. I applied, and I had been paying. Well,

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Speaker 1: you know, I want to get into that, n amnut.

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Speaker 1: If I want to tell you who also benefits from cancelation,

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Speaker 1: women Women hold about two thirds of student loan debt.

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Speaker 2: Did you know that?

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Speaker 1: You know, we know that women tend to go to

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Speaker 1: school above and beyond men, but so many women are

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Speaker 1: taking out student loan debt, so the cancelation would dramatically

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Speaker 1: affect women, which is most of y'all who listen to

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Speaker 1: this pod.

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Speaker 2: Right, and also people of color. This was a stat that.

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Speaker 1: Blew my mind. We know this to be like, we

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Speaker 1: know that there is a tremendous difference economically from black

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Speaker 1: and brown people and financially and those who are not

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Speaker 1: people who are white. Right, This stat blew my mind.

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Speaker 1: So I actually gonna read it verbatim because I want

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Speaker 1: to make sure that you hear me, and hear me well,

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Speaker 1: twenty years after taking out their student loans, a typical

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Speaker 1: white barrower owes about six percent of the original debt.

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Speaker 1: So twenty years later they took out their student loan,

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Speaker 1: they graduated at twenty one years old. Let's say you've

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Speaker 1: graduated at twenty. By age forty, you still owe six

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Speaker 1: percent damn you still Oh that sounds crazy. But wait,

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Speaker 1: the typical black barrow twenty years that same twenty year

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Speaker 1: old that graduated college, and when they're forty years old,

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Speaker 1: guess how much that black bar I'm gonna give you

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Speaker 1: a moment, guess how much that black barrower still owes

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Speaker 1: on student loan debt? Not six percent, ninety five percent

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Speaker 1: of their original debt after twenty years.

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Speaker 2: Did you hear what I said?

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Speaker 1: So you have gone to school, done all the things,

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Speaker 1: twenty years later, you still basically owe everything from when

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Speaker 1: you first graduated. If you're a black bar on average,

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Speaker 1: that statistic blew my mind. It is an albatross around

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Speaker 1: your neck at forty used to owe what you owe?

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Speaker 1: Then why interest people making interest payments for barns deferral.

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Speaker 1: We all know that there is a racial wealth gap.

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Speaker 1: Not making as much as your white counterparts, so you're

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Speaker 1: not able to put as much toward it. I mean.

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Speaker 1: And also two black folks tend to earn less even

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Speaker 1: at the same job as their non black counterparts. But

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Speaker 1: that's That really hurt my heart because it's like, after

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Speaker 1: twenty years, you're still in bondage to student loan debt.

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Speaker 1: This is why cancelation would be tremendous. So we've all

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Speaker 1: heard about the racial wealth gap, and one of the

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Speaker 1: there are multiple components that aid in the racial wealth gap,

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Speaker 1: basically the gap between how much the net worth of

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Speaker 1: people of color and especially black folks versus white white folks.

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Speaker 2: Like what is that gap?

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Speaker 1: And the gap is tremendous, and so it's like, well,

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Speaker 1: what aids in that. One of the things that aids

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Speaker 1: in that is home ownership. There's way less homes, you know,

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Speaker 1: although with the times we live in now and they're

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Speaker 1: so crazy, still home ownership aids in the increased.

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Speaker 2: Wealth for any American. Right.

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Speaker 1: So for example, I bought my home for one hundred

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Speaker 1: eighty thousand dollars in twenty seventeen. I renovated it and

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Speaker 1: put like one to eighty into it. So that's like

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Speaker 1: what three something, right, And that house is now worth

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Speaker 1: about five point fifty. So now that five hundred thousand

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Speaker 1: dollars contributes to my to my net worth. I bought

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Speaker 1: this kind of that I'm living in now. I bought

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Speaker 1: it for like five oh six or something like that.

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Speaker 1: I don't know what it's worth now, but it'll likely,

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Speaker 1: especially in New Jersey, be worth way more than five years.

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Speaker 1: So home ownership, Like, my parents bought their home in

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Speaker 1: Westfield for two hundred and twenty five thousand dollars when

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Speaker 1: I was nine or ten, So that was thirty five

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Speaker 1: years ago. No, let's just say so, yeah, thirty five

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Speaker 1: years ago they bought this house for two hundred and

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Speaker 1: fifty thousand.

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Speaker 2: That house is worth well over a million dollars.

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Speaker 1: And so even if I would tell my parents, you

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Speaker 1: guys are millionaires, They're like, no, we're not, but you

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Speaker 1: are because your assets, say so, they don't owe any money.

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Speaker 1: The house is paid off, their cars are paid off,

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Speaker 1: they don't have debt, and so they have a net

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Speaker 1: worth that would make them quote unquote millionaires. So this

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Speaker 1: is what homes can do. I mean, I know right now,

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Speaker 1: right now, home ownership is really funky. But I'm just

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Speaker 1: telling you that home ownerships not only do not enough,

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Speaker 1: they are not enough Black homeowners because a myriad of

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Speaker 1: reasons not standing, one of which is that we're not

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Speaker 1: making enough. There's racism. Also, what happens is our homes

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Speaker 1: are undervalued. There are billions of dollars lost because our

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Speaker 1: homes are undervalued. I had told you all this story

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Speaker 1: some years prior, where I had got my home. What

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Speaker 1: is that thing called appraised? And black homes are appraised,

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Speaker 1: under appraised significantly more than any other home. And so

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Speaker 1: the guy came. He seemed nice enough. My husband and

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Speaker 1: I had renovated the home. He kept commenting on whoever

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Speaker 1: lived here before I did a good job of renovations,

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Speaker 1: as if it couldn't have been us. I didn't want

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Speaker 1: to say nothing to him because I was like, y'ad,

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Speaker 1: just get out of my house and do what you

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Speaker 1: gotta do. He underp praised my house by like thirty thousand.

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Speaker 1: I felt like it seemed low. I asked my realtor

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Speaker 1: friends what would my house go for on the market.

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Speaker 1: They gave me the number. I said, you know, that's

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Speaker 1: not what the appraiser said, and they're like, girl, that

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Speaker 1: seems low.

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Speaker 2: And I said, well, I don't want.

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Speaker 1: To make everything a black thing. And then here came

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Speaker 1: the New York Times. The New York Times is doing

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Speaker 1: an article I had posted about being underappraised. The New

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Speaker 1: York Times is doing an article about black homes being

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Speaker 1: under appraised. They saw my posts on socials, said can

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Speaker 1: we interview you?

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Speaker 2: No, it's either a Wall Street journal. I'm sorry that

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Speaker 2: can we interview you? Said?

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Speaker 1: Sure you can, and they said, give us your appraisal

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Speaker 1: and we will do an independent appraisal. They did, and

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Speaker 1: they that not only was my home under praise by

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Speaker 1: thirty thousand dollars, it was intentional because the man who

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Speaker 1: under praised my property, although he commented on all the

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Speaker 1: brand new renovations, I mean it was a gut job,

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Speaker 1: he wrote.

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Speaker 2: He gave my property a symbol.

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Speaker 1: There's like symbols that you can give each property and

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Speaker 1: it would say something like, this house is a tear down,

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Speaker 1: this house is a new build, this house is newly renovated.

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Speaker 1: This house is kind of like has a lot of

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Speaker 1: wear and tear. He wrote my house down as a

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Speaker 1: wear and tearhouse, even though it had been brand new,

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Speaker 1: fully renovated. Meanwhile, he told me what a great job

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Speaker 1: this renovation is. You knew, sir, your racism is showing.

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Speaker 1: So he intentionally put that down. And on top of that,

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Speaker 1: he also used comparable. So when you are praising a home,

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Speaker 1: you have to look at other homes in the area

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Speaker 1: that are similar. He used homes that were broken down

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Speaker 1: to the ground.

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Speaker 2: Baby.

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Speaker 1: Meanwhile, we had just moved in six months prior. There

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Speaker 1: were still stickers on the window from our renovation, and

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Speaker 1: he was like, oh, this house is similar to the

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Speaker 1: broke down crack house you know on the other side

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Speaker 1: of town. Girl, you tried it so much so that

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Speaker 1: I'm actually I'm working on a bill to make a

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Speaker 1: law making that like illegal and punishable. Like I'm still

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Speaker 1: working on that law, you know, with my friend, a Congresswoman,

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Speaker 1: Angelovia McKnight. And so that like the networth of black

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Speaker 1: and brown people, especially black folks when it comes to

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Speaker 1: home ownership, some of that racial wealth gap is as

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Speaker 1: a result of not being able to afford homes, but

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Speaker 1: also homes being undervalued, and also how much.

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Speaker 2: Money you owe in student loans.

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Speaker 1: Because net worth is what you own your assets versus

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Speaker 1: what you owe your liabilities, own, assets owe liabilities, right,

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Speaker 1: that is what your net worth is. And so if

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Speaker 1: the things you own are undervalued and you owe more

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Speaker 1: and more and more student loan debt, your net worth

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Speaker 1: is tremendously lower. So imagine what would happen if the

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Speaker 1: forty million people that the that the current administration was

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Speaker 1: trying to assist with student loan debt relief got that relief.

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Speaker 1: And what a lifting of network that would be to

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Speaker 1: black communities who don't want that. I'll tell you who

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Speaker 1: don't want it. But I just couldn't believe. I couldn't

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Speaker 1: believe twenty years later that black households are still owing

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Speaker 1: basically everything that.

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Speaker 2: They borrowediw.

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Speaker 1: Ugh. So other people who would benefit from cancelation older Americans.

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Speaker 1: So studies found that nine over nine million, or about

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Speaker 1: twenty percent of all federal borrows are at.

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Speaker 2: Least fifty years old.

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Speaker 1: That's crazy, right, In the past twenty years, the number

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Speaker 1: of bars over the age of sixty has increased six times,

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Speaker 1: while the amount old by older Americans has increased by

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Speaker 1: nineteen times. So people are getting older and older and

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Speaker 1: dragging their what they owe with them because it is

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Speaker 1: becoming almost impossible to pay down these student loan debts.

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Speaker 1: And so this current administration was really trying to create

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Speaker 1: space for people to have help, because if I'm still

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Speaker 1: paying hundreds and hundreds of dollars a month in student loans,

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Speaker 1: I don't have the access to buy a home. I

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Speaker 1: don't have the access to join the stock market and

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Speaker 1: invest I don't have the access to put avoid side

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00:21:16,720 --> 00:21:20,359
Speaker 1: money for retirement, which also aids in networth building. I

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00:21:20,400 --> 00:21:22,560
Speaker 1: don't have the access to travel. I might not have

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Speaker 1: the access to have children because it just costs too much.

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Speaker 1: It was a lot, honestly, if you like it. So

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Speaker 1: I'm going to go over like some other ways that

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Speaker 1: you can still apply for student loan forgiveness, and but

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Speaker 1: I just wanted you to have that kind of like

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Speaker 1: at a glance. And if you want a copy of this,

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00:21:38,280 --> 00:21:40,960
Speaker 1: like I said, of what I'm sharing with you, if

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Speaker 1: you go to my ig the Budget EASTEM, there will

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00:21:43,440 --> 00:21:46,200
Speaker 1: be a real where you could type details underneath it

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Speaker 1: and I'll send you a copy of it for free.

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Speaker 1: I'll literally slide in your DMS. Okay, details, okay, all right.

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Speaker 1: Now here are some student loan debt relief options. So

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Speaker 1: one is probably the most popular that people have heard

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00:21:59,640 --> 00:22:04,040
Speaker 1: of is the Public Service Loan Forgiveness Program that's PSLF.

437
00:22:04,119 --> 00:22:06,600
Speaker 1: I applied for this when I was teaching preschool and

438
00:22:06,640 --> 00:22:09,440
Speaker 1: I was denied. And now I find out why.

439
00:22:09,880 --> 00:22:16,280
Speaker 2: Because the PLF came into existence into law by twenty

440
00:22:16,320 --> 00:22:16,960
Speaker 2: twenty four.

441
00:22:17,080 --> 00:22:19,520
Speaker 1: So it was that ten years ago, you know, like

442
00:22:19,520 --> 00:22:22,640
Speaker 1: twenty twenty four PLF came into existence. So PLF cancels

443
00:22:22,680 --> 00:22:26,240
Speaker 1: the debt of people who have worked in public service federal, state, local,

444
00:22:26,520 --> 00:22:29,320
Speaker 1: tribal government, or qualifying nonprofit.

445
00:22:28,880 --> 00:22:31,520
Speaker 2: Organizations, which I did for ten years or more.

446
00:22:32,320 --> 00:22:36,080
Speaker 1: Right now, guess how many people in ten years that

447
00:22:36,200 --> 00:22:38,000
Speaker 1: this program actually gave for forgiveness?

448
00:22:38,000 --> 00:22:39,000
Speaker 2: To guess how many people?

449
00:22:39,920 --> 00:22:43,560
Speaker 1: Guess we just talked about there are forty three million

450
00:22:43,600 --> 00:22:47,200
Speaker 1: people who are affected by federal student loans, and some

451
00:22:47,280 --> 00:22:50,040
Speaker 1: of those people, a great majority of those people are

452
00:22:50,440 --> 00:22:55,800
Speaker 1: people who you know, would qualify for public service loan forgiveness.

453
00:22:56,000 --> 00:23:01,240
Speaker 1: But in ten years before the current resident like cleaned

454
00:23:01,280 --> 00:23:05,080
Speaker 1: it up, only seven thousand bars received relief.

455
00:23:05,400 --> 00:23:08,000
Speaker 2: That's why I was then child. It was denying everybody.

456
00:23:08,119 --> 00:23:11,920
Speaker 2: The devil was busy. Okay, so that's crazy. Only seven

457
00:23:12,000 --> 00:23:14,520
Speaker 2: thousand and ten years? What is what's the ds?

458
00:23:15,800 --> 00:23:17,520
Speaker 1: Let me break that down, Let me bring me let

459
00:23:17,560 --> 00:23:21,480
Speaker 1: me what's my calculator because the math is not mathing calculator.

460
00:23:22,280 --> 00:23:27,800
Speaker 1: So ten years, let me see, seven thousand divided about

461
00:23:27,840 --> 00:23:30,000
Speaker 1: ten years, seven hundred people a year?

462
00:23:30,440 --> 00:23:34,400
Speaker 2: What in the entire hell. That's crazy right now.

463
00:23:34,480 --> 00:23:37,480
Speaker 1: Guess what, So before he got shut down to the ground,

464
00:23:38,240 --> 00:23:41,280
Speaker 1: you know, guess how many public service workers to the

465
00:23:41,320 --> 00:23:46,840
Speaker 1: PPSLF program. Once the president became president and he put

466
00:23:46,840 --> 00:23:51,160
Speaker 1: this into action, guess how many people Because basically people's

467
00:23:51,280 --> 00:23:55,240
Speaker 1: payments were like not being corrected, We're not being we're

468
00:23:55,280 --> 00:23:58,520
Speaker 1: not being counted correctly, paperworkers being lost. So he had

469
00:23:58,520 --> 00:24:01,240
Speaker 1: to clean up the messy cysm them of the Public

470
00:24:01,320 --> 00:24:04,400
Speaker 1: Service Loan Forgiveness program. In so doing, Guess how many

471
00:24:04,440 --> 00:24:07,720
Speaker 1: people actually were able to get canceled student loan debt.

472
00:24:07,760 --> 00:24:10,880
Speaker 1: Guess how many from seven to ten years to nine

473
00:24:10,960 --> 00:24:14,120
Speaker 1: hundred and forty two thousand since he's been president.

474
00:24:14,640 --> 00:24:17,560
Speaker 2: That's transformational. And I knew one of the ladies who

475
00:24:17,640 --> 00:24:17,879
Speaker 2: did this.

476
00:24:18,000 --> 00:24:21,160
Speaker 1: So one woman, I think she worked for a nonprofit hospital,

477
00:24:21,880 --> 00:24:24,560
Speaker 1: and she said that the forgiveness saved her about a

478
00:24:24,640 --> 00:24:26,000
Speaker 1: million dollarsand student loans.

479
00:24:26,160 --> 00:24:27,440
Speaker 2: I said, gir, you took out a million dollars.

480
00:24:27,480 --> 00:24:29,880
Speaker 1: She said, no, but I took out a few hundred thousand,

481
00:24:30,480 --> 00:24:33,520
Speaker 1: and with the interest over the next ten twenty years

482
00:24:33,560 --> 00:24:35,440
Speaker 1: of paying it, it would have cost me a million

483
00:24:35,480 --> 00:24:38,960
Speaker 1: dollars out of pocket. She was a doctor a million dollars.

484
00:24:39,440 --> 00:24:43,760
Speaker 1: Her life is transformed as a result of that nine

485
00:24:43,840 --> 00:24:47,240
Speaker 1: hundred and forty two thousand public service workers, and the

486
00:24:47,320 --> 00:24:52,719
Speaker 1: number keeps growing, okay. Or Another program is called the

487
00:24:52,720 --> 00:24:56,480
Speaker 1: Income Driven Repayment Program the IDR plan. The IDR plan

488
00:24:56,640 --> 00:24:59,840
Speaker 1: lowers people's monthly payments based upon their income and other factors,

489
00:25:00,160 --> 00:25:03,560
Speaker 1: and cancel people's debts after twenty to twenty five years

490
00:25:03,600 --> 00:25:06,159
Speaker 1: of payment. Now this one is what blew my mind.

491
00:25:06,240 --> 00:25:09,920
Speaker 1: So this program started in the early two thousands. Hey, look,

492
00:25:09,960 --> 00:25:11,880
Speaker 1: I'm like literally like, oh, maybe me want to chout.

493
00:25:12,840 --> 00:25:16,199
Speaker 1: Guess how many people since this program's inception, before this

494
00:25:16,240 --> 00:25:21,840
Speaker 1: president came along, actually qualified for the IDR plan under

495
00:25:22,080 --> 00:25:25,840
Speaker 1: Betsy Devau Betty Debal, that rich lady who was like

496
00:25:25,880 --> 00:25:29,720
Speaker 1: the Secretary of Education, and we were all like, why

497
00:25:29,840 --> 00:25:33,240
Speaker 1: she's the word. She don't care, she didn't so under her,

498
00:25:34,280 --> 00:25:38,360
Speaker 1: Guess how many people actually got repayment forgiveness. Guess how

499
00:25:38,359 --> 00:25:40,600
Speaker 1: many people this thing started in the early two thousands.

500
00:25:40,760 --> 00:25:41,480
Speaker 2: You will never.

501
00:25:41,320 --> 00:25:46,040
Speaker 1: Guess thirty two people. You heard that, not thirty two thousand,

502
00:25:46,200 --> 00:25:49,240
Speaker 1: not three hundred and twenty three to two thirty two.

503
00:25:49,800 --> 00:25:50,280
Speaker 2: That's it.

504
00:25:51,080 --> 00:25:57,200
Speaker 1: Thirty two people had received cancelation through IDR income driven repayment.

505
00:25:57,680 --> 00:25:58,840
Speaker 2: That's crazy.

506
00:25:59,359 --> 00:26:02,760
Speaker 1: So again, one of the President's number one things was

507
00:26:02,800 --> 00:26:06,360
Speaker 1: to revamp this system, and he has canceled more than

508
00:26:06,400 --> 00:26:11,080
Speaker 1: a million borrows since he improved the IDR plan right,

509
00:26:11,160 --> 00:26:14,919
Speaker 1: addressing long stand administrative failures and the misuse of forbearance

510
00:26:14,960 --> 00:26:16,800
Speaker 1: by loan officers. Because you used to go to a

511
00:26:16,840 --> 00:26:18,920
Speaker 1: loan officers, I can't pay, they put you on forbearance

512
00:26:19,160 --> 00:26:22,840
Speaker 1: versus say we have this income driven repayment plan. You

513
00:26:22,880 --> 00:26:27,359
Speaker 1: know they used to push forbearance deferment versus there's actually

514
00:26:27,400 --> 00:26:29,439
Speaker 1: a plan. You've been paying for twenty years. You know

515
00:26:29,520 --> 00:26:32,359
Speaker 1: you you can, you know you can. You can have

516
00:26:32,440 --> 00:26:37,359
Speaker 1: that forgiven thirty two people to one million people. Lord

517
00:26:38,160 --> 00:26:41,560
Speaker 1: another plan that you know, unfortunately has been shut down

518
00:26:41,720 --> 00:26:47,040
Speaker 1: by the Supreme Court. This one it was the SAVE Plan,

519
00:26:47,600 --> 00:26:51,280
Speaker 1: saving on Valuable Education. So the SAVE Plan is President

520
00:26:51,320 --> 00:26:54,280
Speaker 1: Biden's new id IDR plan. So he created this plan

521
00:26:54,720 --> 00:26:58,320
Speaker 1: and it's the most borrow friendly IDR plan yet, cutting

522
00:26:58,359 --> 00:27:00,680
Speaker 1: many bars payments in half and drive popping some bars

523
00:27:00,720 --> 00:27:02,400
Speaker 1: down to zero payments.

524
00:27:02,640 --> 00:27:04,040
Speaker 2: One of my friends, she was able.

525
00:27:03,840 --> 00:27:07,320
Speaker 1: To qualify for this, so bars who kept up with

526
00:27:07,320 --> 00:27:10,240
Speaker 1: their acquired payments will also no longer see their loans

527
00:27:10,280 --> 00:27:12,000
Speaker 1: grow due to unpaid interests.

528
00:27:12,240 --> 00:27:12,960
Speaker 2: So I love that.

529
00:27:13,000 --> 00:27:14,600
Speaker 1: So as long as you're paying, your interests for going

530
00:27:14,640 --> 00:27:17,359
Speaker 1: to grow, because payment is one thing, but payment plus

531
00:27:17,400 --> 00:27:21,879
Speaker 1: interest really slows you down, right, So I love that that.

532
00:27:22,000 --> 00:27:24,120
Speaker 1: Like with this planet, it's like, as long as you pay, girl,

533
00:27:24,200 --> 00:27:26,280
Speaker 1: we're not gonna grow your interest because that was one

534
00:27:26,280 --> 00:27:27,639
Speaker 1: of the things that you guys asked me over and

535
00:27:27,680 --> 00:27:29,600
Speaker 1: over and over and over again. Can they lower interests?

536
00:27:29,640 --> 00:27:31,480
Speaker 1: Can they lower interest? They said, we can eliminate it

537
00:27:31,480 --> 00:27:34,400
Speaker 1: as long as you're paying. Okay, not eliminated. We can

538
00:27:34,440 --> 00:27:36,800
Speaker 1: stop it from growing. No more interest add on payments

539
00:27:36,800 --> 00:27:40,560
Speaker 1: as long as you're paying. So so far President Biden

540
00:27:40,600 --> 00:27:42,800
Speaker 1: has canceled the student loan debt of four hundred and

541
00:27:42,840 --> 00:27:46,280
Speaker 1: fourteen thousand bars through Save and So. But this is

542
00:27:46,280 --> 00:27:50,080
Speaker 1: the program that I believed that was blocked by the Supreme.

543
00:27:49,720 --> 00:27:51,919
Speaker 2: Court, which is really disheartening.

544
00:27:52,640 --> 00:27:56,720
Speaker 1: Okay, there's also relief for people cheated by schools. This

545
00:27:56,800 --> 00:27:59,560
Speaker 1: current administration has provided for relief for people who are missileed

546
00:27:59,560 --> 00:28:02,680
Speaker 1: by school or whose schools closed while they were enrolled.

547
00:28:03,520 --> 00:28:05,840
Speaker 1: You know, you hear about Member oh there used to

548
00:28:05,880 --> 00:28:09,560
Speaker 1: be that school that Mario not Mario, who is that

549
00:28:09,600 --> 00:28:15,480
Speaker 1: guy Romeo masterpiece son? Remember he was like in this

550
00:28:15,480 --> 00:28:17,879
Speaker 1: commercial about some school that you could some night school

551
00:28:17,880 --> 00:28:19,920
Speaker 1: that you could be a part of. Anyway, some of.

552
00:28:19,880 --> 00:28:24,240
Speaker 2: These schools were garbage schools. They were not real. They

553
00:28:24,280 --> 00:28:26,440
Speaker 2: are the private quote unquote schools.

554
00:28:26,160 --> 00:28:27,960
Speaker 1: That did not get you a job, and many of

555
00:28:27,960 --> 00:28:33,840
Speaker 1: them closed. Member Trump had a school his included. So

556
00:28:33,840 --> 00:28:36,160
Speaker 1: so far he has canceled student loan debt of one

557
00:28:36,160 --> 00:28:38,640
Speaker 1: point six million borrowers who were cheated by their schools

558
00:28:38,880 --> 00:28:43,720
Speaker 1: or saw their institutions closed, right and so like, and

559
00:28:43,840 --> 00:28:46,560
Speaker 1: just one last one, the total permanent disability discharged. So

560
00:28:46,600 --> 00:28:49,960
Speaker 1: I have a friend that has a disability that and

561
00:28:50,720 --> 00:28:54,360
Speaker 1: it's like, you can't work as much for some people's disabilities,

562
00:28:54,640 --> 00:28:57,080
Speaker 1: and so this cancels debts for people who have total

563
00:28:57,120 --> 00:29:01,280
Speaker 1: and permanent physical or mental disability, which makes sense. I remember,

564
00:29:01,720 --> 00:29:03,840
Speaker 1: in particular that when I was teaching, there was a

565
00:29:03,840 --> 00:29:08,680
Speaker 1: woman who something was wrong. I just remember being like,

566
00:29:08,720 --> 00:29:11,040
Speaker 1: how is she teaching? She had her masters and everything else.

567
00:29:11,240 --> 00:29:13,360
Speaker 1: I found out that she was in a really terrible

568
00:29:13,760 --> 00:29:18,280
Speaker 1: car accident that left her mentally. I don't want to

569
00:29:18,320 --> 00:29:20,080
Speaker 1: use the word disabled, but that's all I can think of.

570
00:29:20,880 --> 00:29:22,640
Speaker 1: But she was still working as a teacher because she

571
00:29:22,680 --> 00:29:24,320
Speaker 1: had her master she was able to get a job.

572
00:29:25,040 --> 00:29:27,440
Speaker 1: And I was like, I found out later because with

573
00:29:27,520 --> 00:29:31,480
Speaker 1: her student loans she couldn't afford to not work. That's crazy,

574
00:29:31,920 --> 00:29:35,120
Speaker 1: and so for her total and permanent disability discharge wud

575
00:29:35,120 --> 00:29:35,800
Speaker 1: be so helpful.

576
00:29:36,000 --> 00:29:37,120
Speaker 2: And so far this.

577
00:29:37,040 --> 00:29:39,360
Speaker 1: Current president has canceled student loan debt of more than

578
00:29:39,440 --> 00:29:42,280
Speaker 1: five hundred and forty eight thousand bars with total and

579
00:29:42,360 --> 00:29:47,120
Speaker 1: permanent disability. Okay, now, there was this new plan, chum

580
00:29:48,120 --> 00:29:51,240
Speaker 1: that I saw that the you know, the courts have.

581
00:29:52,920 --> 00:29:54,040
Speaker 2: Temporarily paused.

582
00:29:54,880 --> 00:29:58,040
Speaker 1: But on the same day that the Supreme Court struck

583
00:29:58,080 --> 00:30:01,720
Speaker 1: down his first cancelation plan, Present and Biden announced a

584
00:30:01,760 --> 00:30:03,880
Speaker 1: new plan to cancel people's student loan debt under the

585
00:30:04,000 --> 00:30:06,360
Speaker 1: Higher Education Act. This is what I was saying before

586
00:30:06,960 --> 00:30:09,520
Speaker 1: Plan B. This is Plan B because Plan A is

587
00:30:09,520 --> 00:30:12,080
Speaker 1: out the windows since since they've since struck that down.

588
00:30:13,200 --> 00:30:16,280
Speaker 1: Will will provide relief for bars who own more than

589
00:30:16,360 --> 00:30:18,640
Speaker 1: they did when they started repaying their loans. Did you

590
00:30:18,680 --> 00:30:21,720
Speaker 1: know that was possible that you can borrow money, be

591
00:30:21,880 --> 00:30:24,480
Speaker 1: paying and still own more because of interests? So he

592
00:30:24,520 --> 00:30:27,000
Speaker 1: would reply because so many of you guys asked about

593
00:30:27,000 --> 00:30:29,440
Speaker 1: interest interest interests. So this is what Plan B is

594
00:30:29,440 --> 00:30:32,320
Speaker 1: supposed to do that they have since paused because of

595
00:30:32,360 --> 00:30:36,360
Speaker 1: a lawsuit. Why also, bars who have been paying back

596
00:30:36,400 --> 00:30:38,560
Speaker 1: their student loans for at least twenty years. Remember I said,

597
00:30:38,800 --> 00:30:42,880
Speaker 1: the average black bar twenty years later will still own

598
00:30:43,320 --> 00:30:44,920
Speaker 1: ninety five percent of that loan.

599
00:30:45,320 --> 00:30:48,120
Speaker 2: This will also help. Plan B will help bars who.

600
00:30:48,080 --> 00:30:51,600
Speaker 1: Attended colleges and universities that failed to provide value. So

601
00:30:52,760 --> 00:30:56,360
Speaker 1: that's up for debate, right, Bars who are otherwise eligible

602
00:30:56,400 --> 00:30:58,760
Speaker 1: for loan re relief but have not yet applied, and

603
00:30:58,880 --> 00:31:03,280
Speaker 1: bars who experience financial hardship. Combined with President Biden's other

604
00:31:03,320 --> 00:31:06,400
Speaker 1: cancelation plans, Plan B will help cancel student loan debt

605
00:31:06,480 --> 00:31:09,400
Speaker 1: of thirty million Americans. And they just recently I just

606
00:31:09,480 --> 00:31:12,680
Speaker 1: saw this. They just recently paused due to a lawsuit.

607
00:31:13,200 --> 00:31:15,800
Speaker 1: And so the Department of Education is in the middle

608
00:31:15,840 --> 00:31:18,400
Speaker 1: of a long rulemaking process required by law. But the

609
00:31:18,400 --> 00:31:21,040
Speaker 1: administration hopes on rolling out the final version this fall.

610
00:31:22,120 --> 00:31:24,040
Speaker 1: But like I said, I just saw that there's a

611
00:31:24,080 --> 00:31:29,680
Speaker 1: lawsuit kind of pausing this. Yeah, I just so one

612
00:31:29,760 --> 00:31:32,480
Speaker 1: question I did ask, like cause you know, like I said,

613
00:31:32,520 --> 00:31:35,760
Speaker 1: I was there with the senators and representatives, and I said,

614
00:31:35,920 --> 00:31:39,280
Speaker 1: so oftentimes when something is forgiven, So let's just say

615
00:31:39,800 --> 00:31:42,440
Speaker 1: you had a mortgage and you had foreclosure and they

616
00:31:42,440 --> 00:31:44,680
Speaker 1: took the house, and now you don't have to pay that,

617
00:31:44,720 --> 00:31:48,320
Speaker 1: you know, your mortgage anymore. If you have anything forgiving

618
00:31:48,400 --> 00:31:50,520
Speaker 1: over six hundred dollars, you can get a tax bill.

619
00:31:50,560 --> 00:31:51,360
Speaker 2: So I asked about that.

620
00:31:51,680 --> 00:31:54,000
Speaker 1: I said, what about a tax bill, because if you

621
00:31:54,080 --> 00:31:56,320
Speaker 1: forgive my student loan debt of one hundred thousand dollars,

622
00:31:57,280 --> 00:32:00,400
Speaker 1: the unfortunately, the government says, when you do, don't have

623
00:32:00,480 --> 00:32:00,800
Speaker 1: to pay.

624
00:32:00,840 --> 00:32:02,760
Speaker 2: You made money. I'm gonna say that again.

625
00:32:03,440 --> 00:32:07,120
Speaker 1: The government says, when you owed, but don't have to pay,

626
00:32:07,240 --> 00:32:10,680
Speaker 1: that's income anything over six hundred dollars. And so I said, so,

627
00:32:10,720 --> 00:32:13,760
Speaker 1: what about if somebody gets one hundred thousand forgiven, you know,

628
00:32:13,800 --> 00:32:16,840
Speaker 1: two hundred thousand forgiven, fifty thousand forgiven, a thousand forgiven,

629
00:32:17,240 --> 00:32:19,440
Speaker 1: don't we have to pay because it's going to trigger.

630
00:32:19,160 --> 00:32:19,680
Speaker 2: A tax bill.

631
00:32:19,960 --> 00:32:23,200
Speaker 1: And so they said, as the way these plants are

632
00:32:23,240 --> 00:32:25,440
Speaker 1: written right now, that there will be no tax bill

633
00:32:25,600 --> 00:32:30,680
Speaker 1: through the end of twenty twenty five. Right, So, yeah,

634
00:32:30,760 --> 00:32:32,360
Speaker 1: the end of twenty twenty five, and then I guess

635
00:32:32,400 --> 00:32:34,479
Speaker 1: we'll see, depending on who wins the selection, like what

636
00:32:34,520 --> 00:32:36,560
Speaker 1: it looks like after that. So that means if you

637
00:32:36,560 --> 00:32:38,680
Speaker 1: get your student loans forgiven or you've gotten them forgiven

638
00:32:39,160 --> 00:32:41,920
Speaker 1: between now and you know the end of twenty twenty five,

639
00:32:41,920 --> 00:32:44,040
Speaker 1: you won't have a tax bill because you could potentially

640
00:32:44,120 --> 00:32:48,080
Speaker 1: end up paying twenty thirty percent taxes, you know, on

641
00:32:48,440 --> 00:32:52,120
Speaker 1: forgiven items. Is there something that I share that's made

642
00:32:52,120 --> 00:32:54,720
Speaker 1: you say, wow, what that's crazy?

643
00:32:56,760 --> 00:32:59,400
Speaker 2: Yeah, honestly, I hope to.

644
00:32:59,560 --> 00:33:01,640
Speaker 1: I want to bring because obviously I'm not an expert

645
00:33:01,640 --> 00:33:04,080
Speaker 1: on student loan debt relief right. And like I said,

646
00:33:04,080 --> 00:33:05,720
Speaker 1: if you want a copy of like what I just

647
00:33:05,760 --> 00:33:07,000
Speaker 1: information I just share with you.

648
00:33:07,680 --> 00:33:10,480
Speaker 2: It's totally free. Go head on over to my ig

649
00:33:10,640 --> 00:33:11,320
Speaker 2: the Bunjanista.

650
00:33:11,760 --> 00:33:14,360
Speaker 1: Type details under the real where I talk about going

651
00:33:14,360 --> 00:33:17,960
Speaker 1: to the congressional briefing. Just type details and I'll DM

652
00:33:17,960 --> 00:33:19,240
Speaker 1: it to you so you can have it for yourself,

653
00:33:19,360 --> 00:33:21,120
Speaker 1: because information should be free and available.

654
00:33:23,560 --> 00:33:28,800
Speaker 2: Here's the thing, here's the thing we started out, here's

655
00:33:28,840 --> 00:33:31,480
Speaker 2: the thing, and where's Maddy?

656
00:33:31,680 --> 00:33:31,920
Speaker 1: Yeah?

657
00:33:32,040 --> 00:33:34,360
Speaker 2: Yet sensual being on?

658
00:33:34,720 --> 00:33:36,479
Speaker 1: Anyway, Whenever I say here's the thing, it always makes

659
00:33:36,520 --> 00:33:37,440
Speaker 1: me think of Kelly Clarkson.

660
00:33:38,160 --> 00:33:41,880
Speaker 2: Kelly Clarkson. So here is the thing.

661
00:33:43,240 --> 00:33:48,840
Speaker 1: Student loan debt I believe is a racial justice issue

662
00:33:49,640 --> 00:33:52,320
Speaker 1: because those that would benefit most from student loan debt

663
00:33:52,800 --> 00:33:57,920
Speaker 1: are women and black and brown people, middle class, working class.

664
00:33:58,000 --> 00:34:00,240
Speaker 2: It's a social justice issue.

665
00:34:01,440 --> 00:34:06,560
Speaker 1: Because there is a blocking of aid and assistance to

666
00:34:06,600 --> 00:34:07,520
Speaker 1: people who needed most.

667
00:34:07,560 --> 00:34:09,120
Speaker 2: And you have to ask yourself.

668
00:34:08,920 --> 00:34:16,000
Speaker 1: Why, Why would helping people to have access to more

669
00:34:16,080 --> 00:34:18,319
Speaker 1: money to improve their lives want to be blocked? Why?

670
00:34:19,640 --> 00:34:19,920
Speaker 2: Child?

671
00:34:20,200 --> 00:34:23,960
Speaker 1: You know, I someone said, ain't no hate like Christian love.

672
00:34:25,000 --> 00:34:27,160
Speaker 1: I'm gonna say again, as somebody who considers your self Christian,

673
00:34:27,560 --> 00:34:35,160
Speaker 1: ain't no hate like Christian love. These supposed conservative Christians.

674
00:34:36,040 --> 00:34:39,120
Speaker 1: I mean, one of the number one components of that faith,

675
00:34:39,920 --> 00:34:47,319
Speaker 1: of my faith is generosity. It's kindness, it's grace, it's forgiveness.

676
00:34:47,840 --> 00:34:50,560
Speaker 1: And yet they're like, no, absolutely not. If Jesus were

677
00:34:50,600 --> 00:34:51,760
Speaker 1: here today, they would.

678
00:34:51,640 --> 00:34:54,880
Speaker 2: String that man up. They don't the girl. It's never

679
00:34:54,960 --> 00:34:55,360
Speaker 2: been about that.

680
00:34:55,400 --> 00:34:56,839
Speaker 1: That's why I when I see people arguing with people,

681
00:34:56,840 --> 00:34:58,000
Speaker 1: because I don't argue with you on line, I just

682
00:34:58,040 --> 00:35:00,560
Speaker 1: block you if I even see it. If I'm being honest,

683
00:35:01,040 --> 00:35:02,400
Speaker 1: you know, cause I know somebody'll gonna be mad at

684
00:35:02,440 --> 00:35:05,560
Speaker 1: this episode. Child say, I don't read the emails. Child,

685
00:35:05,560 --> 00:35:07,680
Speaker 1: you're gonna be young. Let the intern or whoever look

686
00:35:07,680 --> 00:35:11,040
Speaker 1: at these emails. I don't read the emails. Even with

687
00:35:11,120 --> 00:35:13,080
Speaker 1: you side of my DM child the wave. I have

688
00:35:13,280 --> 00:35:15,600
Speaker 1: my Instagram filtered. If I haven't allowed you to talk

689
00:35:15,640 --> 00:35:18,640
Speaker 1: to me, I won't see it. And even when you're

690
00:35:18,640 --> 00:35:20,400
Speaker 1: in the comments, I got someone who looks through the

691
00:35:20,440 --> 00:35:23,160
Speaker 1: comments and deletes all the foolishness. Because what I don't

692
00:35:23,160 --> 00:35:24,600
Speaker 1: want to do is I don't go back and forth.

693
00:35:25,320 --> 00:35:28,480
Speaker 1: My black name is stronger than that baby's grip. Okay,

694
00:35:28,640 --> 00:35:31,640
Speaker 1: because my piece, child, what I look like going back

695
00:35:31,680 --> 00:35:31,920
Speaker 1: and forth?

696
00:35:32,000 --> 00:35:32,120
Speaker 2: Do you?

697
00:35:32,480 --> 00:35:36,040
Speaker 1: But what I realize is that I also am not

698
00:35:36,239 --> 00:35:40,840
Speaker 1: looking to try to talk sense into people who worship nonsense.

699
00:35:41,680 --> 00:35:45,120
Speaker 1: People know that DEI is a good thing, and that

700
00:35:45,239 --> 00:35:47,359
Speaker 1: the more diversity you have on a company, the more

701
00:35:47,400 --> 00:35:47,920
Speaker 1: money you make.

702
00:35:48,080 --> 00:35:51,239
Speaker 2: They don't care. They rather lose money than see you win.

703
00:35:51,960 --> 00:35:55,359
Speaker 1: People know that student loans to really help families, really

704
00:35:55,360 --> 00:35:58,279
Speaker 1: help people who need most. They don't care because people

705
00:35:58,440 --> 00:36:03,360
Speaker 1: rather lose then to see you win. People know that

706
00:36:03,640 --> 00:36:05,640
Speaker 1: you know it's only getting tougher and tougher and tougher

707
00:36:05,719 --> 00:36:07,239
Speaker 1: out here. This is why people don't want.

708
00:36:07,120 --> 00:36:07,440
Speaker 2: To have kids.

709
00:36:07,480 --> 00:36:11,440
Speaker 1: They don't care because there are people who worship power

710
00:36:11,640 --> 00:36:14,640
Speaker 1: so much. They rather get low in the muck and

711
00:36:14,719 --> 00:36:17,480
Speaker 1: the dirt with you than to help you elevate if

712
00:36:17,520 --> 00:36:19,920
Speaker 1: it means you're gonna be any closer to them. That's

713
00:36:19,920 --> 00:36:23,080
Speaker 1: why I don't go back and forth. They know, they

714
00:36:23,200 --> 00:36:28,320
Speaker 1: know it's intentional. It's intentional. They did a study on

715
00:36:28,400 --> 00:36:32,960
Speaker 1: Americans where it showed if you gave Americans a choice,

716
00:36:33,239 --> 00:36:36,000
Speaker 1: I think I might have said this of they would

717
00:36:36,000 --> 00:36:38,680
Speaker 1: get a raise, and if they got a raise, they

718
00:36:38,760 --> 00:36:41,960
Speaker 1: would still be paid less than everybody else in the office.

719
00:36:41,960 --> 00:36:44,640
Speaker 1: So meaning like I go from fifty thousand to sixty thousand,

720
00:36:44,680 --> 00:36:48,400
Speaker 1: but everybody else is making sixty five, right, Or.

721
00:36:50,080 --> 00:36:55,120
Speaker 2: I could not get a raise and then everybody else

722
00:36:55,160 --> 00:36:58,120
Speaker 2: would be making fifty or fifty five. What would I

723
00:36:58,200 --> 00:36:59,440
Speaker 2: choose as an American?

724
00:37:00,000 --> 00:37:02,640
Speaker 1: Would I rather get myself a ten thousand dollar raise, No,

725
00:37:02,640 --> 00:37:04,800
Speaker 1: I'm making five thousand dollars less than everybody else. Or

726
00:37:05,320 --> 00:37:07,799
Speaker 1: would I rather not get a raise at all, knowing

727
00:37:07,840 --> 00:37:09,920
Speaker 1: everybody makes less than me. Do you know more than

728
00:37:09,920 --> 00:37:12,520
Speaker 1: half the people say make less than me? It's like, Sis,

729
00:37:12,600 --> 00:37:15,319
Speaker 1: did you hear what I said? If they make less,

730
00:37:15,360 --> 00:37:15,799
Speaker 1: you make less?

731
00:37:15,920 --> 00:37:16,120
Speaker 2: Yup?

732
00:37:17,960 --> 00:37:20,279
Speaker 1: If they make less you Yep? That is how some

733
00:37:20,360 --> 00:37:24,160
Speaker 1: people navigate that they rather have and make and have

734
00:37:24,400 --> 00:37:26,759
Speaker 1: access to less, just so you can have even less

735
00:37:26,840 --> 00:37:31,440
Speaker 1: than them. It's wickedness, it's evil, and it's unfortunate. That's

736
00:37:31,440 --> 00:37:33,239
Speaker 1: why I don't go back and forth because what I

737
00:37:33,360 --> 00:37:36,640
Speaker 1: look like like going back and forth with wickedness and evil. Child,

738
00:37:36,680 --> 00:37:38,680
Speaker 1: you already know that's between you and whatever make it

739
00:37:38,719 --> 00:37:40,960
Speaker 1: you be looking at because A kno the god I serve,

740
00:37:41,120 --> 00:37:44,239
Speaker 1: I know that's right. So yeah, I just wanted to

741
00:37:44,280 --> 00:37:48,120
Speaker 1: share that We're gonna take a quick break and when

742
00:37:48,120 --> 00:37:50,400
Speaker 1: I'm back, we're gonna talk about like I met the

743
00:37:50,480 --> 00:37:52,640
Speaker 1: Vice president. I take a picture of a video with her,

744
00:37:52,880 --> 00:37:54,640
Speaker 1: and I'm gonna share she's on an economic tour. I

745
00:37:54,719 --> 00:37:57,839
Speaker 1: just want to share you some core points and then

746
00:37:58,000 --> 00:37:59,800
Speaker 1: you know, then we'll chatt agan.

747
00:37:59,680 --> 00:38:07,400
Speaker 2: On for all right, we are back at Black and

748
00:38:07,480 --> 00:38:08,160
Speaker 2: and Ever. Honey.

749
00:38:08,239 --> 00:38:12,880
Speaker 1: Okay, So, just last week, before the announcement that our

750
00:38:12,920 --> 00:38:16,040
Speaker 1: current president was not going to seek nomination, you know,

751
00:38:16,239 --> 00:38:18,920
Speaker 1: I was able to go to the Vice President's residence

752
00:38:19,719 --> 00:38:23,960
Speaker 1: alongside for the Black Business Leaders reception.

753
00:38:24,200 --> 00:38:26,760
Speaker 2: It was pretty awesome. So I got the invite.

754
00:38:26,800 --> 00:38:28,120
Speaker 1: I had been invited to do something with the vice

755
00:38:28,120 --> 00:38:29,960
Speaker 1: president before, but I couldn't do it because I had

756
00:38:30,000 --> 00:38:33,040
Speaker 1: something else speaking engagement I couldn't get out of. And

757
00:38:33,160 --> 00:38:35,080
Speaker 1: so they invited me out again and I said, yes,

758
00:38:35,080 --> 00:38:36,560
Speaker 1: I'd love to come, and so.

759
00:38:36,719 --> 00:38:38,960
Speaker 2: So it was just like this whole hull of balloot.

760
00:38:39,440 --> 00:38:41,200
Speaker 1: They were like, okay, when you come in, make sure

761
00:38:41,200 --> 00:38:45,040
Speaker 1: you call us, and so you go through security, which

762
00:38:45,080 --> 00:38:47,480
Speaker 1: of course is a lot of security, and then we

763
00:38:47,520 --> 00:38:49,040
Speaker 1: want you to go to the left or instead of

764
00:38:49,080 --> 00:38:50,560
Speaker 1: the right, because on the left that's why you get

765
00:38:50,600 --> 00:38:51,200
Speaker 1: to take pictures.

766
00:38:51,520 --> 00:38:54,040
Speaker 2: I said, not me being a VIP player. Hey, this degree.

767
00:38:54,680 --> 00:38:56,520
Speaker 2: So your girl went to the left, to the left,

768
00:38:56,640 --> 00:39:00,360
Speaker 2: to the left, everybody to the left. So went to

769
00:39:00,400 --> 00:39:00,759
Speaker 2: the left.

770
00:39:01,080 --> 00:39:03,480
Speaker 1: When I got there, I met my handler, if you will,

771
00:39:03,520 --> 00:39:06,320
Speaker 1: Hay Morgan, and she was like, ooh girl, okay, you

772
00:39:06,320 --> 00:39:07,439
Speaker 1: want to take picture with the Vie President.

773
00:39:07,480 --> 00:39:07,920
Speaker 2: I said, sure do.

774
00:39:08,000 --> 00:39:09,640
Speaker 1: She said, okay, you're going to go inside the house

775
00:39:10,280 --> 00:39:12,920
Speaker 1: because the reception was in the garden in the back, which.

776
00:39:12,800 --> 00:39:16,279
Speaker 2: Is beautiful, this beautiful pool. It was killed one over.

777
00:39:17,000 --> 00:39:19,080
Speaker 1: She said, I'm gonna do a real about it, because oh,

778
00:39:19,080 --> 00:39:20,200
Speaker 1: you know you can do you can always go to

779
00:39:20,280 --> 00:39:22,799
Speaker 1: my highlights and see like my day it's called BP

780
00:39:23,600 --> 00:39:27,399
Speaker 1: so like on ig So went to the back. She said, okay,

781
00:39:27,480 --> 00:39:29,600
Speaker 1: this is the house. You're gonna go inside. They're gonna

782
00:39:29,680 --> 00:39:32,000
Speaker 1: check your name. Of course, you know I'm probab whipped

783
00:39:32,040 --> 00:39:33,960
Speaker 1: up my ID like five times. Once you get on property,

784
00:39:34,360 --> 00:39:36,680
Speaker 1: you're gonna check your name, make su're on the list

785
00:39:36,760 --> 00:39:39,680
Speaker 1: to be inside the house. In the end, you're gonna

786
00:39:39,680 --> 00:39:42,440
Speaker 1: go to the next whatever stage, they're gonna check your

787
00:39:42,480 --> 00:39:44,520
Speaker 1: name again. They're gonna give you this announcement card that

788
00:39:44,600 --> 00:39:46,600
Speaker 1: has your name on it. Mine said, Tiffany, the budget

789
00:39:46,640 --> 00:39:49,280
Speaker 1: lista influencer. I was like, I don't know about influencer.

790
00:39:49,680 --> 00:39:51,920
Speaker 1: I prefer financial educator. But whatever, girl, we're not here

791
00:39:51,960 --> 00:39:52,680
Speaker 1: to squabble bobble.

792
00:39:52,719 --> 00:39:52,959
Speaker 2: Okay.

793
00:39:53,680 --> 00:39:56,440
Speaker 1: So they said you're gonna get a card. The cards

794
00:39:56,480 --> 00:39:59,360
Speaker 1: should be read, and I said, okay. She said, because

795
00:39:59,400 --> 00:40:01,920
Speaker 1: you're not allowed to take your person obviously, so with

796
00:40:02,160 --> 00:40:05,200
Speaker 1: just to meet the vice president and the second gentleman.

797
00:40:05,640 --> 00:40:07,680
Speaker 1: But you, Tiffany, because your card is read, you could

798
00:40:07,680 --> 00:40:10,680
Speaker 1: take your cell phone. I said, okay, So everybody can't

799
00:40:10,680 --> 00:40:12,440
Speaker 1: take a cell phone, she said, because you know if

800
00:40:12,440 --> 00:40:13,960
Speaker 1: you want to take a selfie, because they're like, girl,

801
00:40:14,040 --> 00:40:16,279
Speaker 1: basically post, which I am at because I have planned

802
00:40:16,280 --> 00:40:19,000
Speaker 1: to post anyway. So they were like, okay, take your

803
00:40:19,000 --> 00:40:22,279
Speaker 1: phone with you. You can ask Madame Vice President, may

804
00:40:22,280 --> 00:40:24,440
Speaker 1: I take a selfie with you? I said, girl, I

805
00:40:24,560 --> 00:40:27,160
Speaker 1: was boll of times like this, so waited in line.

806
00:40:27,280 --> 00:40:32,759
Speaker 1: Remember so you know Cynthia Bailey from Real Housewives of

807
00:40:32,760 --> 00:40:33,880
Speaker 1: Atlanta and she was there.

808
00:40:33,920 --> 00:40:35,279
Speaker 2: I was like, hey, saying this. She was really nice.

809
00:40:35,280 --> 00:40:38,120
Speaker 1: Took a picture of her Valencia, she worked at Google

810
00:40:38,160 --> 00:40:39,759
Speaker 1: and all these major places. Took a picture where her

811
00:40:39,880 --> 00:40:43,080
Speaker 1: She's that's the home. Mean. Rohan Marley was there. Yes,

812
00:40:43,160 --> 00:40:46,920
Speaker 1: Bob Marley's son. Yes, Lauren Hill's ex husband. And okay,

813
00:40:47,400 --> 00:40:48,759
Speaker 1: like the joy of my license.

814
00:40:48,440 --> 00:40:52,160
Speaker 2: In Zion his son, Yeah, dot Siam he was there.

815
00:40:52,280 --> 00:40:53,920
Speaker 2: He was a the light.

816
00:40:54,160 --> 00:40:57,400
Speaker 1: Okay, Lauren, girl, I can see honey because he was

817
00:40:57,480 --> 00:40:58,839
Speaker 1: so fun, so fun.

818
00:40:59,400 --> 00:41:00,000
Speaker 2: Took a picture of.

819
00:41:01,560 --> 00:41:01,600
Speaker 1: It.

820
00:41:01,760 --> 00:41:05,520
Speaker 2: Was just oh. Angie Stone was there. You know, black brother,

821
00:41:06,160 --> 00:41:11,520
Speaker 2: I love you. Yeah, that Angie Stone. She was there. Beautiful.

822
00:41:12,880 --> 00:41:15,680
Speaker 1: Everybody was really friendly and nice. First of all, can

823
00:41:15,719 --> 00:41:17,320
Speaker 1: I say, like, you know you do the work, but

824
00:41:17,400 --> 00:41:19,400
Speaker 1: you don't realize how far reaching the work is.

825
00:41:19,719 --> 00:41:20,800
Speaker 2: The girls was coming up to me.

826
00:41:20,840 --> 00:41:25,000
Speaker 1: I'm talking about from the photographer to the Black Chamber

827
00:41:25,040 --> 00:41:28,360
Speaker 1: of Commerce CEO or presidents.

828
00:41:27,920 --> 00:41:30,880
Speaker 2: Of their chapters to everyone. Oh my god, but you

829
00:41:30,920 --> 00:41:32,720
Speaker 2: need you know you're this lobbyist.

830
00:41:32,840 --> 00:41:34,759
Speaker 1: Young woman came up to me no less than like

831
00:41:34,880 --> 00:41:36,680
Speaker 1: ten fifteen people were like, I just want to thank

832
00:41:36,719 --> 00:41:37,960
Speaker 1: you for your work. I just want to thank you

833
00:41:38,040 --> 00:41:41,840
Speaker 1: for your work. I was like me, oh me, not

834
00:41:42,040 --> 00:41:44,000
Speaker 1: half me, but a hold me. So that was really

835
00:41:44,040 --> 00:41:48,000
Speaker 1: heartwarming and really really heartwarming, you know. And I just

836
00:41:48,040 --> 00:41:49,640
Speaker 1: took a ton of pictures with people who were just like,

837
00:41:49,719 --> 00:41:52,360
Speaker 1: thank you so much. My friend Ty Alexander was on

838
00:41:52,440 --> 00:41:54,600
Speaker 1: the one and two. She DJ'ed, so I didn't realize

839
00:41:54,640 --> 00:41:56,400
Speaker 1: the fancy black don't be dancing because I was dancing.

840
00:41:56,440 --> 00:41:58,200
Speaker 2: I was like, oh, just me, okay. Me and Rohan,

841
00:41:58,520 --> 00:42:00,440
Speaker 2: who was the only one cut the step so we

842
00:42:00,600 --> 00:42:02,080
Speaker 2: was like, I see you. He was like I see you.

843
00:42:02,200 --> 00:42:04,400
Speaker 1: Locks I said, okay, he was there with his partner.

844
00:42:04,480 --> 00:42:06,960
Speaker 1: We'll not to put his business out there sold let

845
00:42:07,000 --> 00:42:10,560
Speaker 1: me not get him in trouble and so yeah, so

846
00:42:10,640 --> 00:42:14,400
Speaker 1: it was a good time. So I got my announcement card.

847
00:42:14,840 --> 00:42:17,799
Speaker 1: I go in and I was like, oh my god,

848
00:42:18,480 --> 00:42:20,279
Speaker 1: so excited to me. I said, my mom is going

849
00:42:20,360 --> 00:42:22,239
Speaker 1: to freak out what she finds out to meet you.

850
00:42:22,440 --> 00:42:23,960
Speaker 1: And she said, well, your mom' should be so proud

851
00:42:23,960 --> 00:42:26,520
Speaker 1: of you, I said, Madame Vice President. I went off

852
00:42:26,520 --> 00:42:28,319
Speaker 1: script because as I ought to do, I said, Mandam

853
00:42:28,360 --> 00:42:32,479
Speaker 1: Vice President keep saying on a video. She started laughing

854
00:42:32,480 --> 00:42:35,840
Speaker 1: because she knows because her mother is of West India,

855
00:42:35,920 --> 00:42:38,840
Speaker 1: is West Indian, so you know our foreign born mamas

856
00:42:39,040 --> 00:42:40,680
Speaker 1: shall they can't wait to tell the auntie. So I

857
00:42:40,800 --> 00:42:43,200
Speaker 1: whipped out my cell phone and I said, hey, mommy,

858
00:42:43,239 --> 00:42:44,359
Speaker 1: I know I didn't go to law school.

859
00:42:44,360 --> 00:42:46,000
Speaker 2: Hopefully this mixed up for it. And I panted to

860
00:42:46,080 --> 00:42:48,800
Speaker 2: her and she said, hey, mommy, you should be so

861
00:42:48,880 --> 00:42:49,520
Speaker 2: proud of your daughter.

862
00:42:49,560 --> 00:42:54,000
Speaker 1: She's doing so good. Girl, I said, she is going

863
00:42:54,080 --> 00:42:56,880
Speaker 1: to love this. We took a Celfie and then they

864
00:42:56,920 --> 00:42:58,880
Speaker 1: have an official picture taker. They took our pictures and

865
00:42:58,880 --> 00:43:00,960
Speaker 1: stuff like that. You know, I met the second gentleman.

866
00:43:01,000 --> 00:43:02,680
Speaker 1: He was really nice, and then you know, want about.

867
00:43:02,520 --> 00:43:05,160
Speaker 2: My business super dope.

868
00:43:05,520 --> 00:43:06,880
Speaker 1: I even met this one woman who was like, oh

869
00:43:06,920 --> 00:43:08,600
Speaker 1: my god, my god, I love you so much. And

870
00:43:08,719 --> 00:43:10,320
Speaker 1: my friend was like, you know who that is? I

871
00:43:10,440 --> 00:43:12,680
Speaker 1: said no, She said, that's Stevie Wonder's wife.

872
00:43:13,520 --> 00:43:16,200
Speaker 2: He's Stevie Wonder's wife. She was so nice.

873
00:43:16,239 --> 00:43:18,920
Speaker 1: I told her how my niece loved her husband and

874
00:43:19,040 --> 00:43:21,399
Speaker 1: wanted to meet her. I told her, like the sweet

875
00:43:21,440 --> 00:43:23,920
Speaker 1: story how Amelia was like, I want to meet him

876
00:43:23,920 --> 00:43:25,600
Speaker 1: because we had saying her the Stevie one d version

877
00:43:25,920 --> 00:43:28,000
Speaker 1: of the Birthday song, and then he had said.

878
00:43:27,960 --> 00:43:29,640
Speaker 2: Kids can get that song. I thought that was just

879
00:43:29,719 --> 00:43:32,120
Speaker 2: for adults, and I was like, yes, kids can get

880
00:43:32,120 --> 00:43:34,799
Speaker 2: the Stevie Wonder version. She said, who's Stevie Wonder? Show

881
00:43:34,840 --> 00:43:36,360
Speaker 2: me him? So I showed her on YouTube.

882
00:43:36,400 --> 00:43:38,759
Speaker 1: She said, oh, I want to meet him. I said, girl,

883
00:43:38,920 --> 00:43:41,200
Speaker 1: you cannot meet him, and she was like, look up

884
00:43:41,239 --> 00:43:43,640
Speaker 1: where he lives, and so it showed that he was

885
00:43:43,680 --> 00:43:46,279
Speaker 1: from Detroit, Michigan, and she she knows maps very well.

886
00:43:46,320 --> 00:43:48,600
Speaker 1: She said, that's not that far. Can you call his

887
00:43:48,719 --> 00:43:51,520
Speaker 1: mommy and see if he could talk to my mother?

888
00:43:52,920 --> 00:43:55,040
Speaker 1: Her mother, who's my sister, to talk to mommy to

889
00:43:55,120 --> 00:43:56,800
Speaker 1: see if I can meet him, which I thought was

890
00:43:56,840 --> 00:43:58,120
Speaker 1: so cute. She's trying to get a play date with

891
00:43:58,120 --> 00:44:00,839
Speaker 1: Stevie Wonder. So she's turning to she was turning seven,

892
00:44:01,520 --> 00:44:03,920
Speaker 1: and so we looked up his mother because she insisted,

893
00:44:03,960 --> 00:44:05,960
Speaker 1: and it turns out his mother passed away. And his

894
00:44:06,080 --> 00:44:08,239
Speaker 1: wife was like, yes, you know, she was telling me.

895
00:44:08,280 --> 00:44:10,120
Speaker 1: I said, yes, we know because we looked it up.

896
00:44:10,120 --> 00:44:12,160
Speaker 1: And she got very sad for him that his mother

897
00:44:12,239 --> 00:44:15,040
Speaker 1: passed away. And she was like, oh my god, that

898
00:44:15,120 --> 00:44:16,880
Speaker 1: is so sweet. I'm going to tell Stevie that story.

899
00:44:17,440 --> 00:44:19,359
Speaker 1: And it was funny because we looked up and said

900
00:44:19,360 --> 00:44:21,360
Speaker 1: that he had seven children, and she was like.

901
00:44:21,480 --> 00:44:23,560
Speaker 2: Seven kids. That's a lot of lunches to make in

902
00:44:23,640 --> 00:44:27,480
Speaker 2: a morning, which I thought was hilarious. Oh my gosh.

903
00:44:27,640 --> 00:44:29,640
Speaker 1: And then I had her do a video to Amelia

904
00:44:29,800 --> 00:44:32,000
Speaker 1: where I said, hey, Amelia, guess who I met. This

905
00:44:32,200 --> 00:44:34,319
Speaker 1: is not Stevie Willingder mommy, but this is his wife.

906
00:44:34,719 --> 00:44:36,360
Speaker 1: And she's going to tell Stevie Wonder how much you

907
00:44:36,520 --> 00:44:37,360
Speaker 1: love his song.

908
00:44:38,200 --> 00:44:40,680
Speaker 2: And she was like, hi, Amelia, and she was so nice,

909
00:44:40,719 --> 00:44:41,880
Speaker 2: and she said she's going to see it. Maybe he

910
00:44:41,880 --> 00:44:44,360
Speaker 2: can make a video for her. Girl. The way Amelia

911
00:44:44,400 --> 00:44:45,520
Speaker 2: be getting the things that she wants.

912
00:44:45,560 --> 00:44:47,960
Speaker 1: Okay, we need to all take a lesson from Amelia. Anyway,

913
00:44:48,640 --> 00:44:50,120
Speaker 1: I showed it to her and she was grinning from

914
00:44:50,160 --> 00:44:52,239
Speaker 1: you know, ear to ear, which was so cute. So

915
00:44:52,400 --> 00:44:54,800
Speaker 1: it was a time, honey id time with the fancy

916
00:44:54,840 --> 00:44:58,560
Speaker 1: blacks down at the Vice President's residence. So one of

917
00:44:58,600 --> 00:45:01,880
Speaker 1: the things I learned, so the Vice President maybe one

918
00:45:01,960 --> 00:45:05,640
Speaker 1: day president, because you know, you never know. She is

919
00:45:05,840 --> 00:45:09,919
Speaker 1: on this Economic Opportunity Tour and so she is going

920
00:45:10,000 --> 00:45:12,880
Speaker 1: from all these different states across the country and highlighting

921
00:45:12,920 --> 00:45:16,359
Speaker 1: the policies or how the policies of the Biden Harris

922
00:45:16,400 --> 00:45:18,760
Speaker 1: administration have benefited the American people.

923
00:45:19,200 --> 00:45:19,520
Speaker 2: Okay.

924
00:45:19,960 --> 00:45:23,239
Speaker 1: And so it kicked off in April and she's been

925
00:45:23,280 --> 00:45:26,560
Speaker 1: going ever since. And so here's some of the top highlights.

926
00:45:26,640 --> 00:45:31,080
Speaker 1: Are you ready, Okay? So One, this administration has been

927
00:45:31,160 --> 00:45:35,120
Speaker 1: making unprecedented investments in small businesses and achieving the fastest

928
00:45:35,160 --> 00:45:39,359
Speaker 1: creation of black owned small businesses in more than thirty years,

929
00:45:39,719 --> 00:45:44,840
Speaker 1: with the share of black businesses of in their tenure

930
00:45:45,360 --> 00:45:48,920
Speaker 1: black business owners has doubled, which I thought was pretty incredible.

931
00:45:49,320 --> 00:45:51,440
Speaker 1: So they've been doing more than thirty years, doing more

932
00:45:51,480 --> 00:45:53,040
Speaker 1: than four years that has been done in thirty years

933
00:45:53,600 --> 00:45:58,839
Speaker 1: because of their unprecedented investments. Also, this administration, according to them,

934
00:45:59,280 --> 00:46:02,759
Speaker 1: created a record number of jobs, including two point six

935
00:46:02,880 --> 00:46:05,759
Speaker 1: million jobs for black workers while achieving the lowest black

936
00:46:05,840 --> 00:46:09,359
Speaker 1: unemployment rate on record and the lowest gap between black

937
00:46:09,360 --> 00:46:10,239
Speaker 1: and white unemployment.

938
00:46:10,680 --> 00:46:11,480
Speaker 2: That's tremendous.

939
00:46:12,200 --> 00:46:15,400
Speaker 1: Also increasing the wealth of American families, with black wealth

940
00:46:15,560 --> 00:46:19,280
Speaker 1: up by sixty percent relative to before COVID nineteen pandemic,

941
00:46:19,600 --> 00:46:22,439
Speaker 1: representing the largest increase on record. Remember we talked about

942
00:46:22,440 --> 00:46:24,479
Speaker 1: the black wealth gap or the wealth gap, the racial

943
00:46:24,520 --> 00:46:27,920
Speaker 1: wealth gap, so this is helping to Their administration has

944
00:46:27,960 --> 00:46:34,040
Speaker 1: been helping to on purpose to slim down that wealth gap. Also,

945
00:46:34,120 --> 00:46:37,840
Speaker 1: this administration has increased access to capital for underserved.

946
00:46:37,440 --> 00:46:39,799
Speaker 2: Communities while working to achieve a goal of.

947
00:46:39,920 --> 00:46:43,680
Speaker 1: Increasing the share of federal contracting dollars to small disadvantaged

948
00:46:43,680 --> 00:46:47,759
Speaker 1: businesses by fifteen percent fifty five zero by twenty twenty five,

949
00:46:48,120 --> 00:46:51,640
Speaker 1: translating into an additional one hundred billion dollars to minority

950
00:46:51,680 --> 00:46:54,520
Speaker 1: owned businesses. If you like me, I am women, I'm

951
00:46:54,560 --> 00:46:59,200
Speaker 1: certified women own minority owned business and so having access

952
00:46:59,719 --> 00:47:02,400
Speaker 1: to contracting dollars is critical and the fact that this

953
00:47:02,520 --> 00:47:05,640
Speaker 1: is going to result in one hundred billion dollar infusion

954
00:47:05,719 --> 00:47:07,600
Speaker 1: into minority owned businesses is tremendous.

955
00:47:08,200 --> 00:47:10,640
Speaker 2: Also, before the block they.

956
00:47:10,600 --> 00:47:13,680
Speaker 1: Have forgiven more student loan debt than any other administration

957
00:47:13,800 --> 00:47:18,880
Speaker 1: in history, combined boosting investments and education, including giving a

958
00:47:19,120 --> 00:47:24,400
Speaker 1: record seven billion dollar investment in HBCUs that's historically black

959
00:47:24,440 --> 00:47:29,680
Speaker 1: colleges and universities, tremendous. They've also erased over five hundred

960
00:47:29,719 --> 00:47:33,360
Speaker 1: million in medical debt to date with support from the

961
00:47:33,440 --> 00:47:36,600
Speaker 1: American Rescue Plan. And also this is so critical because

962
00:47:36,600 --> 00:47:39,279
Speaker 1: I'm pre diabetic. I just found out capping the cost

963
00:47:39,360 --> 00:47:43,400
Speaker 1: of insolence for seniors, insulin for seniors, and expanding access

964
00:47:43,520 --> 00:47:46,800
Speaker 1: to healthcare with tax credits that led to a forty

965
00:47:47,040 --> 00:47:50,160
Speaker 1: nine percent increase in Black Americans who are enrolled in

966
00:47:50,200 --> 00:47:53,400
Speaker 1: the Affordable Health Affordable Care Act Member that's Obamacare.

967
00:47:54,160 --> 00:47:56,400
Speaker 2: So like capping that insul, I think it was I

968
00:47:56,480 --> 00:47:57,120
Speaker 2: want to say it was like.

969
00:47:57,120 --> 00:48:00,239
Speaker 1: Thirty five dollars because insulin. If you're a diabet because

970
00:48:00,239 --> 00:48:02,759
Speaker 1: you don't get insolent, you won't be here. You won't

971
00:48:02,800 --> 00:48:05,919
Speaker 1: be here, and it is possible that your medicine calls

972
00:48:06,000 --> 00:48:08,880
Speaker 1: so much that you have to choose between sustaining yourself

973
00:48:08,960 --> 00:48:11,880
Speaker 1: with life and food or sustaining yourself with medicine. So

974
00:48:12,000 --> 00:48:15,560
Speaker 1: having that insolent cap because diabetes affects black populations far

975
00:48:15,640 --> 00:48:19,240
Speaker 1: more than any other population. They've also been making housing

976
00:48:19,280 --> 00:48:22,520
Speaker 1: more affordable and lowering childcare costs, securing a thirty percent

977
00:48:22,600 --> 00:48:26,239
Speaker 1: increase in funding to the Childcare Development Block GRANT. I

978
00:48:26,280 --> 00:48:28,719
Speaker 1: don't know, like right now, everybody tell me childcare is

979
00:48:28,800 --> 00:48:31,120
Speaker 1: on the up and up. If there's a block grant,

980
00:48:31,520 --> 00:48:33,000
Speaker 1: y'all need to google it to see what you can

981
00:48:33,000 --> 00:48:37,520
Speaker 1: do for your babies, you know. And lastly, investing in infrastructure, roads, bridges,

982
00:48:37,600 --> 00:48:41,960
Speaker 1: public transfers, transit, waterways, and more, including four billion to

983
00:48:42,120 --> 00:48:46,680
Speaker 1: reconnect underserved communities that were previously cut off from economic opportunities.

984
00:48:47,280 --> 00:48:51,160
Speaker 1: And so you know, like, according to the Office, Vice

985
00:48:51,200 --> 00:48:54,000
Speaker 1: President Harris has been long focused on ensuring that minority

986
00:48:54,040 --> 00:48:57,080
Speaker 1: and low income communities have capital and resources that they

987
00:48:57,120 --> 00:48:57,680
Speaker 1: need to thrive.

988
00:48:58,320 --> 00:49:00,320
Speaker 2: And so she had been meeting with a lot of

989
00:49:00,320 --> 00:49:04,600
Speaker 2: business owners and entrepreneurs. And we hope that work continues.

990
00:49:05,560 --> 00:49:07,839
Speaker 1: At the end of the day, at the black end

991
00:49:08,000 --> 00:49:11,279
Speaker 1: of the day, we hope that work continues not just

992
00:49:11,360 --> 00:49:13,160
Speaker 1: for black and brown people, but for all people. If

993
00:49:13,160 --> 00:49:15,400
Speaker 1: I'm being honest, this is not all lives matter, but

994
00:49:15,520 --> 00:49:17,880
Speaker 1: for all people. I saw this and I'm gonna end

995
00:49:17,960 --> 00:49:20,960
Speaker 1: with this. I saw this woman say on Instagram the

996
00:49:20,960 --> 00:49:24,600
Speaker 1: other day, I thought it was really poignant that what's

997
00:49:24,640 --> 00:49:26,600
Speaker 1: good for black women end up being good for everyone.

998
00:49:27,640 --> 00:49:30,200
Speaker 1: That It's like black women are like a thermostat that

999
00:49:30,520 --> 00:49:32,719
Speaker 1: like when we are thriving, it means all the other

1000
00:49:32,760 --> 00:49:35,800
Speaker 1: people around us thrive. If you notice, when something happened,

1001
00:49:36,000 --> 00:49:39,440
Speaker 1: the first people to rally around are black women. Just

1002
00:49:39,640 --> 00:49:45,560
Speaker 1: last night, you know, once the President endorsed Kamala As

1003
00:49:45,719 --> 00:49:51,919
Speaker 1: you know, as his replacement for Democratic nominee, black women

1004
00:49:52,360 --> 00:49:56,080
Speaker 1: got into action and I was part of a historic

1005
00:49:56,200 --> 00:50:01,200
Speaker 1: call of forty four thousand black women on Zoom. There

1006
00:50:01,239 --> 00:50:04,200
Speaker 1: were so many women on Zoom they called the CEO

1007
00:50:04,440 --> 00:50:08,120
Speaker 1: of Zoom to lift how many people could attend, and

1008
00:50:08,239 --> 00:50:13,000
Speaker 1: even still, we were spilled over to clubhouse, we spilled

1009
00:50:13,120 --> 00:50:13,640
Speaker 1: over to.

1010
00:50:15,600 --> 00:50:17,960
Speaker 2: Google meets. Forty four thousand women.

1011
00:50:18,360 --> 00:50:20,520
Speaker 1: That call alone in three hours, raised a million dollars,

1012
00:50:20,680 --> 00:50:24,239
Speaker 1: and so far since then, over fifty million dollars has

1013
00:50:24,280 --> 00:50:26,879
Speaker 1: been raised for the we don't know who our vice

1014
00:50:26,880 --> 00:50:30,360
Speaker 1: president pick will be for the Kamalumn bid for presidency.

1015
00:50:30,880 --> 00:50:33,480
Speaker 2: That is the power of investing in.

1016
00:50:33,560 --> 00:50:37,560
Speaker 1: Black women that we lift as we climb, we create

1017
00:50:37,719 --> 00:50:41,040
Speaker 1: access and opportunity for everyone around us. It's not just

1018
00:50:41,120 --> 00:50:42,920
Speaker 1: about black women, but to help black women is to

1019
00:50:42,960 --> 00:50:46,200
Speaker 1: help everyone. And so there's so much at stake during

1020
00:50:46,239 --> 00:50:47,239
Speaker 1: this election coming up.

1021
00:50:47,400 --> 00:50:49,000
Speaker 2: I'm not gonna lie. Give me a lot of anxiety,

1022
00:50:49,760 --> 00:50:51,520
Speaker 2: a lot of nervousness, a lot of fear. I know

1023
00:50:51,560 --> 00:50:53,600
Speaker 2: a lot of you. Some people are calling me a sale.

1024
00:50:53,640 --> 00:50:56,200
Speaker 2: Oh you're a sellout for Kamala girl. What's the alternative?

1025
00:50:57,200 --> 00:51:00,480
Speaker 2: The hell is wrong with you? That's your boy? Orange

1026
00:51:01,000 --> 00:51:05,320
Speaker 2: go ahead says, Let's see how you faire. You know, like,

1027
00:51:05,680 --> 00:51:08,400
Speaker 2: what are we even talking about? What's the alternative?

1028
00:51:09,160 --> 00:51:12,440
Speaker 1: I get it, nobody is perfect, but you know what,

1029
00:51:13,239 --> 00:51:16,320
Speaker 1: I'd rather have access to my reproductive.

1030
00:51:15,719 --> 00:51:19,560
Speaker 2: Rights that have already been cirkailed. Project twenty five is

1031
00:51:19,600 --> 00:51:22,520
Speaker 2: not a joke. Literally, things are already in place where

1032
00:51:22,560 --> 00:51:25,440
Speaker 2: it's like this, what's gonna look like? Okay, I just

1033
00:51:25,440 --> 00:51:26,080
Speaker 2: don't understand.

1034
00:51:26,640 --> 00:51:29,279
Speaker 1: We can acknowledge that someone is not perfect and know

1035
00:51:29,680 --> 00:51:33,520
Speaker 1: the Lord what the alternative is is way worse.

1036
00:51:34,800 --> 00:51:35,080
Speaker 2: Okay.

1037
00:51:35,719 --> 00:51:37,560
Speaker 1: So I hope you get your mind right and get

1038
00:51:37,600 --> 00:51:40,279
Speaker 1: your vote right and decide that you're going to choose

1039
00:51:40,320 --> 00:51:41,759
Speaker 1: what is best for you, whatever that looks like. I'm

1040
00:51:41,760 --> 00:51:43,040
Speaker 1: not here to tell you who to vote for. But

1041
00:51:43,080 --> 00:51:45,360
Speaker 1: I'm here to tell you keep it cute when it

1042
00:51:45,360 --> 00:51:46,439
Speaker 1: comes to my comments.

1043
00:51:46,120 --> 00:51:47,080
Speaker 2: Because this girl I block.

1044
00:51:49,000 --> 00:51:51,040
Speaker 1: I'll see you on Friday. Hopefully this was a good

1045
00:51:51,120 --> 00:51:54,440
Speaker 1: lesson Again, do not forget. If you want what I

1046
00:51:54,560 --> 00:51:57,200
Speaker 1: just shared as far as student on debt relief, go

1047
00:51:57,320 --> 00:52:00,200
Speaker 1: to my IG. Type details in the real about my

1048
00:52:00,280 --> 00:52:02,120
Speaker 1: Capitol Hill briefing and I will send it to you

1049
00:52:02,280 --> 00:52:05,600
Speaker 1: for free in your DMS until Friday. Y'all.

1050
00:52:05,920 --> 00:52:06,240
Speaker 2: Bye,