Saturday, 29 February 2020

27: Lift-Gate

A billionaire battle for New York dominance reveals the dark history of redlining, stop and frisk, and the systemic exclusion of Black homeowners from the American dream.

By Moe Factz with Adam Curry | 2h 6m listen | 41 chapters
27: Lift-Gate cover

About this episode

Donald Trump and Michael Bloomberg have transitioned from business partners to bitter political rivals, sparking a billionaire showdown that exposes the deep class divides of the New York elite. While Trump utilizes nicknames like Minnie Mike to target Bloomberg’s physical stature, the former mayor faces renewed scrutiny over leaked 2015 Aspen Institute audio where he defended the aggressive expansion of stop and frisk. This rivalry highlights a psychological battle between a Queens native seeking acceptance and a Manhattan establishment figure using immense wealth to influence political endorsements.

Independent podcaster Benjamin Dixon recently unearthed Bloomberg’s defense of redlining, where the billionaire suggested that ending discriminatory lending practices caused the 2008 housing market collapse. This claim stands in stark contrast to the 1973 Department of Justice lawsuit against Fred and Donald Trump for violating the Fair Housing Act by marking applications with a C-code for colored tenants. The record shows Bloomberg increased NYPD stops from 100,000 to over 650,000, while figures like Al Sharpton and Karen Hunter face criticism for accepting financial ties to Bloomberg-funded nonprofits despite his history of institutional racism.

The episode pays tribute to the late Ja'Net DuBois, whose theme for The Jeffersons captured the psychological significance of home ownership as a pillar of the American dream. From the exclusion of Black veterans like Eugene Burnett from Levittown to modern algorithmic redlining found in apps like Credit Karma, the systemic containment of minority wealth remains a central theme. The hosts conclude with an analysis of Liftgate, examining allegations that Bloomberg uses shoe lifts and camera tricks to obscure his height during debates.


CHAPTER 01 / 41 Discussion

Adam Curry and Mo Facts Return for Leap Day Episode

Adam Curry and Mo Facts open episode 27 on February 29, 2020, celebrating a "Black History Bonus Day" due to the leap year. Curry announces a temporary schedule shift as he prepares to travel to Los Angeles to appear on the Joe Rogan Experience. The hosts acknowledge a slight delay in the production cycle but commit to maintaining their weekly output.

adam curry· mo facts· black history month· leap day· joe rogan· los angeles

00:05 Mo Facts with Adam Curry for February 29th, 2020. This is episode number 27. Hey, hey, Mo. How you doing, Adam? I'm doing good, man. And apologies to everybody who's been listening. And that includes all the producers for being a few days late this week. Oh, yeah. Just a few. We ran into some real life issues, but we're back on track. Yeah. Now, I'm not quite sure what we're going to do next week because I leave for Los Angeles for a couple of days to do the Rogan show on Monday. So I won't be back until Wednesday. So it may not be until Friday or Saturday next week until we do it again.

00:49 Okay, we'll be on the same cycle, it looks like. Yeah, something like that. It'll shift, but we're still sticking with our ones. And how about it? We get to do it on Leap Day. No, not Leap Day. Isn't today right? Oh, correct. I'm so excited. Black History Bonus Day. I should have known. Yes, this is a special Black History Month. Yes, Black History. We get one more extra. Almost a month. One more day closer to a month. Moving on up, Mo. Almost a month. One of these days, you guys will get a 31-day month. I'm telling you, just stick with it. Maybe, maybe one day. All right.

CHAPTER 02 / 41 Discussion

Donald Trump and Michael Bloomberg Billionaire Rivalry History

Donald Trump and Michael Bloomberg transitioned from business partners and social acquaintances in New York City to fierce political rivals. Historical footage from 2013 shows the two praising each other during the development of a Bronx golf course, a project for which Trump later claimed sole credit. Media analysis suggests their falling out began when Trump entered the 2016 presidential race, challenging Bloomberg's status within the New York establishment.

donald trump· michael bloomberg· new york city· wolf blitzer· brian todd· cnn

01:34 Lots of clips, lots to get to today. Very excited to hear what we're going to do. And for that, of course, we need to roll out the big wheel of clips. Let's see what the topic will be. What are we going to get? Oh, it's slowing down. And what will we get? What happened to Minnie Mike? Where is he? Minnie Mike has spent a fortune. There is nobody I'd rather run against than little Mike. Hmm. We're going all political today. I like it. Yes. Okay. Mike Bloomberg. You asked some question about Mike Bloomberg on the last show. Yeah. Yeah. If he was a viable candidate for ADOS.

02:12 Right. So I found something. I'm going to cover that, but I found something even more interesting is the billionaire beef between Donald Trump and Michael Bloomberg. Yes, not discussed very much. The mainstream doesn't like to show this because that would discredit their possible white knight, Michael Bloomberg. So I'm glad you picked some of this up. So in this show, what we're going to do is compare and contrast the two against each other and how the media covers the two in different ways. So I guess we'll just jump right in with Trump and Bloomberg used to be friends.

02:54 As President Trump attacks the Democrats battling to take him on in November, he's increasingly targeting fellow billionaire in New York, former New York Mayor Michael Bloomberg. And the former mayor is fighting right back. See, and as Brian Todd is here with more Brian Trump and Bloomberg, they share a very long history. They do share a long history, Wolf, as Titanic power players in New York. Donald Trump and Michael Bloomberg at various times partnered on different projects. They engaged socially and praised each other for what each had done for the city. But they split politically when Trump declared for president. And tonight, it's clear that Donald Trump sees Michael Bloomberg as a threat. Look, he's a lightweight. The way they talk about each other now, you'd think they've been enemies for life.

03:37 I am not afraid of Donald Trump. But back in New York, back in the day, a different dynamic. And I have to say, you have been a great mayor. Come here. You really have. I mean, this guy is fantastic. That was in October 2013. Then New York City Mayor Michael Bloomberg and Donald Trump lavished praise on each other after Trump helped Bloomberg convert a trash dump in the Bronx into a high-end golf course. But if there's anybody that has changed this city, it is Donald Trump. He really has done an amazing thing, and this is another part of it. Donald, thank you for your confidence in the city. Analysts say that partnership actually could have been the genesis of their falling out because in a 2016 interview with Wolf Blitzer, Trump took all the credit for the project.

04:18 I took it over. I got it knocked up in one year, and now it's a tremendous success. Michael asked me if I'd get involved in it. Bloomberg thought that was an exaggeration. His former aides thought that was an exaggeration. And it sort of split between them. Oh, man. Oh, don't tell me this is just a cock fight. A billionaire, a billion-dollar one. Or maybe one's allegedly a billionaire. Right, you never know. If you listen to the mainstream media, but so what really intrigued me about this is you have two people that used to be friends, but not friends anymore. Or were they ever friend? Were they just using each other for? what they could offer each other?

CHAPTER 03 / 41 Discussion

Social Acceptance and the New York Elite Class Divide

Michael Bloomberg represents the traditional New York establishment, while Donald Trump is characterized as a Queens native who long sought but rarely received acceptance from Manhattan elites. Despite Trump's affluent upbringing, Bloomberg's self-made wealth and philanthropic status granted him higher social standing in elite circles. Their daughters appeared together in the documentary Born Rich, highlighting the proximity of their families before the political rift.

manhattan· queens· the apprentice· born rich· social class· establishment

05:02 So I think this will be a great matchup. Well, and in light of this, Bloomberg did a CNN town hall the other day, which I watched. And, you know, well, I'm just going to withhold judgment because I learned a couple things I didn't know and I just saw some things that I hadn't realized earlier. So I'm very curious to see where you take us in this. Okay, so I mean, we can just jump into part two. But before then, Donald Trump and Michael Bloomberg appeared to get along, or at least found each other useful. Trump backed Bloomberg's effort to run for a third term as New York's mayor. They golfed together.

05:43 Bloomberg appeared on Trump's NBC show, The Apprentice, and their daughters appeared in an HBO documentary called Born Rich. But analysts say, in the real world of New York business and philanthropy, in that world, it was Bloomberg who was the star, and it was Trump who was the one who was always looking for acceptance and rarely getting it. During all of his life, Donald Trump has longed for the approval of the New York establishment. Mike Bloomberg was the New York establishment. Now, the two are being compared and contrasted under a microscope.

06:19 Yeah, that's interesting. I've mentioned many times on No Agenda Show that I know this type of guy, this type of guy that Trump is, who because I've been to a lot of these types of parties, not so much in New York, but it's the same everywhere in the world. And you've got the elites, the old money, the, you know, even show business isn't really considered part of their part of their circle, but they let the people in, you know, show business because they're pretty and they get attention and they can hang out with them. And other rich people, even if they don't like it, yeah, be like, eh, okay, you know, we'll, we'll let them hang out with us.

06:55 But I don't know if Trump really wanted that acceptance. Most of these guys that I know and also some women absolutely crave that acceptance in those circles and usually don't get it. So that's just some personal experience. And what I find interesting is Trump came from an affluent background, you know, a rich father, and Bloomberg didn't, but Bloomberg's more accepted by the elites. You have to understand the difference between having lived there, the difference between Manhattan and Queens. I mean, you might as well have a passport checkpoint when it comes to how those two areas, those boroughs are perceived, certainly by each other.

CHAPTER 04 / 41 Discussion

Comparing Wealth and Political Branding of Billionaire Candidates

Michael Bloomberg and Donald Trump both built global brands around their names, but Forbes rankings show a significant disparity in their net worth, with Bloomberg vastly outranking Trump. The hosts discuss the potential for a "nasty" head-to-head battle involving unprecedented personal attacks and massive campaign spending. The discussion contrasts a potential Bloomberg-Trump matchup against a Sanders-Trump race, which would focus more on the ideological divide between socialism and capitalism.

forbes· bernie sanders· capitalism· socialism· campaign finance· net worth

07:41 Okay, that's interesting. So I guess we'll just jump right into on clip three. Both switched political parties repeatedly and were unexpected winners in their biggest elections and both became billionaires. Although on the Forbes list of the wealthiest Americans at the end of last year, Michael Bloomberg ranked eighth with $53.4 billion, while Trump ranked 275th with 3.1 billion. They both named their businesses after themselves. They're both very wealthy people. But Bloomberg came from a more working class background. And Donald Trump, of course, herited a lot of money from his father to run and run his business. He's a lady.

08:19 Going forward, how nasty and personal will their battle become? Well, I think in a head-to-head battle, Mike Bloomberg and Donald Trump will be nastier than anything we've seen in politics perhaps in 100 years. These are two people who are not afraid to fight, and they're not afraid to fight in a very personal way. No, it's a great time to be alive. And this is exactly why I want to see this matchup. Of course. It would be a beauty. Bernie and Trump will be good too, but this one right here will be great because they will let the words fly.

08:55 And I just want to see, if you notice, the media threw some shade at Trump by saying, oh, he was number 250-something on the list of billionaires. It's this real billionaire, fake billionaire thing. I'm just going to say these lists are such horse crap. I've been on these lists back when I actually had a lot of money, and they would wild, in my case, wildly overestimate. Oh, Curry, yeah, he's got probably 200 million. That's right. That's why I'm doing podcasts now, everybody. So these lists are most of the people on the list are usually angry because their number isn't right.

09:39 The ranking, I'm not sure how that plays into people. I think most people just are like, oh, yeah, I'm on the list. You know, it's kind of cool. But, you know, who knows what the accuracy is. And the media really. really wants this matchup because of the amount of money that would be spent. I know Trump is sitting on a couple, maybe billion in his war chest. And I mean, Bloomberg has, well, I've heard up to $53 billion. So dropping a couple billion dollars out of his own pocket won't be anything. So the media really wants this matchup and they're pushing it.

10:17 And just like the, although I really think the Bernie Trump matchup would be what we need because we need to know: are we socialists? Are we capitalist? Which direction do we want to go in? But knowing whether you can buy your way into the presidency, which is clearly what Bloomberg has been doing, is also important to know. It'll be interesting to see how it goes either way. But what we want to see here, what I want to do today with the show is compare and contrast some of the views or basically what we're going to do here is we're doing all of the color commentary before the thriller in Manila.

CHAPTER 05 / 41 Discussion

Donald Trump Nicknames and Michael Bloomberg Debate Performance

Donald Trump utilizes derogatory nicknames like "Minnie Mike" and "No Boxes" to attack Michael Bloomberg's physical stature and debate performance. Trump highlights Bloomberg's $500 million campaign expenditure in relation to his relatively low polling numbers compared to Bernie Sanders. The hosts observe that the 2020 election has devolved into billionaires trading insults via social media.

minnie mike· nicknames· political debates· polls· campaign spending

11:03 Is that fair? So if it doesn't happen, okay, but this would be the preamble to this. We are getting ready for the big pay-per-view event, ladies and gentlemen. And boy, these two guys, it would make sense if you had to pay to view it. But this is what's going on. And with that said, we have Trump ripping through DMs. And now they have a new member of the crew, Minnie Mike. Minnie Mike. No boxes. We call them no boxes. And I hear he's getting pounded tonight. You know, he's in a debate. I hear they're pounding him.

11:42 He spent $500 million so far. And I think he has 15 points. It just came out. Hey, fake news. How many points does he have right now? 50? They won't tell you the truth. They won't tell you the truth. They just came out with a poll a little while ago. Minnie Mike was at 15, and Crazy Bernie was at 31. That's a lot. And Minnie Mike just spent $500 million. A lot of money. So we got great nicknames here. We got Minnie Mike.

12:27 No boxes. No boxes. Yeah. This is why I came forward. I'm so down with it, Mo. And we have a, this is a, we're in 2020, and this is an actual presidential election. This is where we're at. We have two billionaires firing tweets back and forth to each other. Yeah. Minus the tweets, it's kind of like Russia. So let's listen to Bloomberg Fire Back. CNN reports Bloomberg has already spent more than $350 million of his own money.

CHAPTER 06 / 41 Discussion

Michael Bloomberg Use of Wealth to Influence Political Endorsements

Michael Bloomberg utilized his immense personal wealth to secure political endorsements and silence critics during his tenure as Mayor of New York City. By donating millions to influential nonprofits, church groups, and political parties, he effectively neutralized opposition from both Democrats and Republicans. This financial influence allowed him to transition between party affiliations while maintaining a rise in polling among various demographics.

rudy giuliani· republican party· democratic party· nonprofits· campaign donations

13:05 He has a reported net worth of $60 billion left to play around with. One of the takeaways here, and there's a bunch, is the shift in black support among the top three candidates. Biden is losing that support while both Sanders and Bloomberg are trending up. Keep in mind, this was a Republican mayor in a very Democratic city, a Republican mayor who was a Rudy Giuliani ally, who had gotten into some trouble because his policing policies, Top and Frisk, had been ruled unconstitutional. How did he get endorsements from key Democrats in his New York City races? Well, one thing he would do is that he would donate very generously to key people, you know, to nonprofits or maybe a church group that someone who led the church was very influential. So he was able to curry favor with people who can then give him very meaningful endorsements.

13:49 Furthermore, he could also silence critics. After he had transferred his voter ID from Republican to Independent, the Republican Party never attacked him after that for the rest of his marriage. It was sort of curious. But then you look at those financial filings and you see he was giving them millions of dollars. He's been able to use his money to both curry support, but also silence dissent. I think Mike has the experience. I think that he has the right values. And I think he has the capability to take on what is just an incredible machine, which is going to be the Trump reelection campaign. Yes. I hereby issue a cease and desist on the term currying favor.

14:32 I'm getting a little annoyed by it. So Bloomberg is mysteriously rising. And people are very quiet. He's rising to popularity with the black vote. According to the police. according to the polls, which the media do the polls, and he has a big old pile of billions to spread around. So, of course, they're going to keep him around. And just put an earmark in one thing they brought up in this clip that stop and frisk, because we're going to revisit that right after we listen to Fireback 2.

CHAPTER 07 / 41 Discussion

Personal Insults and the Joker vs Batman Archetype

Michael Bloomberg retaliated against Donald Trump's height-based insults by claiming the New York elite view Trump as a "carnival barking clown" who squandered an inherited fortune. A psychological comparison suggests Trump acts as "the Joker" because he was never accepted as "Batman" or Bruce Wayne by the high-society establishment. This class-based resentment is identified as a primary driver of their mutual animosity.

twitter· carnival barking clown· class warfare· psychological profiles

15:12 Well, this morning he took his attacks to Twitter. The president did, posting his altered image of the man he's dubbed Minnie Mike and calling him a loser who has money but can't debate and a five-foot-four-inch mass of dead energy. Bloomberg quickly hit back tweeting at Trump. We know many of the same people in New York. Behind your back, they laugh at you and call you a carnival barking clown. They know you inherited a fortune and squandered it with stupid deals and incompetence. That is even better as a WWE preview. This is good. So what Trump Trump is coming at Mike being a petite man.

15:56 And I think it gets under Bloomberg's skin, but Bloomberg went real low by saying, I know the people that we both hang out with the same people and they think you're a clown. That gets under Trump's skin as well. Do you think he wants to be accepted? Do you think it does? I think deep down, Trump is the joker because he wasn't allowed to be Batman. Ooh, I like that. I like that. Yeah, he wanted to be Bruce Wayne. You know, he wanted to be that, you know, that hero type. But he just, it's the class thing.

CHAPTER 08 / 41 Discussion

Michael Bloomberg 2015 Aspen Institute Audio on Stop and Frisk

Leaked audio from a 2015 Aspen Institute appearance captures Michael Bloomberg defending "stop and frisk" by claiming 95% of murderers and victims fit a specific minority profile. Bloomberg argued that the most effective way to remove guns from the streets was to "throw them up against the walls and frisk them." While Bloomberg later apologized as he entered the 2020 race, the audio confirms his long-standing commitment to the controversial policing tactic.

stop and frisk· aspen institute· nypd· racial profiling· gun violence

16:38 Like, I mean, you brought it up yourself with the Queens. And I never looked at it as the borough through the borough lens, but it's not a real thing. I mean, that's just the same as New York and New Jersey. I mean, we get along, but we're really different people. And there's a reason for that. And we're doing a lot of foreshadowing here. But as I promised, we're going to get back to the stop and frisk topic and how Trump viewed it in the 2016 election. And when it comes to stop and frisk, you know, you're talking about taking guns away. Well, I'm talking about taking guns away from gangs and people that use them.

17:19 And I don't think, I really don't think you disagree with me on this if you want to know the truth. I think maybe there's a political reason why you can't say it, but I really don't believe in New York City, stop and frisk, we had 2,200 murders and stop and frisk brought it down to 500 murders. 500 murders, a lot of murders. Hard to believe. 500 is like supposed to be good. But we went from 2,200 to 500 and it was continued on by Mayor Bloomberg and it was terminated by current mayor. But stop and frisk had a tremendous impact on the safety of New York City, tremendous beyond belief. So when you say it has no impact, it really did. It had a very, very big impact.

18:01 How old was this clip? Do you know? That was from 2016? 2016? This was in the 2016 debate against Hillary Clinton. And he was telling her. Oh, you even might agree with it, but for political reasons, you can't say that. So I want to make it clear that Trump is all for stop and frisk. Well, it comes to find out that up until now, 2019, Bloomberg was also a fan of stop and frisk. And a journalist exposed him. Bloomberg is racist. That's the hashtag that's trending on Twitter. Since audio of remarks made by the 2020 Democratic presidential hopeful, the former New York City Mayor Michael Bloomberg surfaced earlier this week.

18:47 In the clip from the 2015 Aspen Institute, Bloomberg is heard defending the New York City Police Department's controversial stop and frisk policies, saying, quote, 95% of murders murdered victims fit one MO. You can just take the description, Xerox it, pass it out to all the cops. Listen closely. 95% of your murders and murderers have murdered victims. Fit one MO. You can just take the description and Xerox it and pass it out to all the cops. They are male minorities 15 to 25. That's true in the earth for virtually every city. That's Mike Bloomberg saying, quote, they are male, minority, 16 to 25.

CHAPTER 09 / 41 Discussion

Statistical Impact and Constitutionality of Stop and Frisk Policies

The "stop, question, and frisk" policy saw a massive expansion under Michael Bloomberg, increasing from 100,000 stops under Rudy Giuliani to over 650,000. While the Supreme Court ruled the practice itself was not unconstitutional, the implementation was criticized for its disproportionate impact on minority communities. Proponents point to a significant drop in the New York City murder rate during this period, though critics argue the correlation does not prove causation.

supreme court· fourth amendment· violent crime· murder rate· statistics

19:30 That's true in New York. That's true in virtually every city. He went on to say, quote, and the way you get the guns out of the kids' hands is to throw them up against the walls and frisk them. Bloomberg issued a statement Tuesday saying, quote, I inherited the police practice of stop and frisk. as part of our effort to stop gun violence, it was overused. By the time I left office, I cut it back by 95%, but I should have done it faster and sooner. I regret that, and I have apologized, unquote. Yeah, I have some actual numbers on that. I don't know if it's appropriate at this point in your presentation. I mean, you could share. This started under Giuliani, and it was always called, and I think it still officially is called stop, question, and frisk.

20:13 And this all came out in a lawsuit. And I believe it was ultimately the Supreme Court who said it was, because my worry with these things is constitutionality first. They ruled it was not unconstitutional, but the way it was implemented could have been deemed unconstitutional. There's no real question of race in this case, just leaving that clip aside. But when it started then, I believe they stopped 200,000 people, no, 100,000 people, and 50,000 had some form of weapon or a prior conviction or a warrant, etc.

20:54 And under Bloomberg, that went up to 650,000 people, but the amount of people who actually were arrested because of the stop, question, and frisk only went up marginally. So about 10%. So it went up from 50 to 65. Now, what you need to factor into that is, and you don't know exactly if that's because of the more that he did or not, is that indeed the murder rate did have under Bloomberg versus Giuliani. And as far as I know, the practice is still in place today and in many other cities in the United States.

CHAPTER 10 / 41 Discussion

Algorithmic Policing and the White-Collar Crime Double Standard

Michael Bloomberg is described as a "walking-talking algorithm" who prioritized statistical outcomes over constitutional rights, even suggesting that white people were stopped too frequently relative to crime data. A hypothetical comparison is made to white-collar crime, noting that the SEC does not use similar aggressive tactics against Wall Street bankers. The discussion links heavy policing in minority neighborhoods to the eventual goal of increasing property values through gentrification.

racial bias· gentrification· property values· sec· irs· white-collar crime

21:39 And you're exactly right with those numbers. But when you look at it and how people view Trump and his view on stop and frisk versus Bloomberg, it's like night and day. They give him a pass, like they just say he apologized. And you're going to hear later how people just kind of write it off and accept his apology. But let's get in on, let's actually listen to the journalists who expose Bloomberg. But Bloomberg did not just inherit stop and frisk. During his tenure as mayor, the use of the practice increased sevenfold. During his time in office, the New York police recorded over 5 million stop and frisks.

22:24 The vast majority of those stop were black and Latino. As mayor of New York, Bloomberg long defended stop and frisk. This is Bloomberg speaking during a 2013 interview on WOR radio. They just keep saying, oh, it's a disproportionate percentage of a particular ethnic group. That may be, but it's not a disproportionate percentage of those who witnesses and victims describe as committing the murder. In that case, incidentally, I think we disproportionately stop whites too much and minorities too little. In fact, thousands of people marched against stop and frisk during his three terms in office.

23:05 Bloomberg defended stop and frisk as recently as 2019, only apologizing for the practice publicly in November, shortly after entering the presidential race. Yeah, yeah, I can see. What is that? I can see, I can see where the, well, here's how his and Bloomberg, by the way, doesn't give a shit about anybody. I'm pretty convinced of it. He's in a whole different plane, a whole different plane. But he's being, in his mind, pragmatic, and he's saying, well, here's the statistics that we see. Now, of course, if you're doing stop and frisk in neighborhood where it's predominantly darker colored skin, because that's really what we're talking about here.

23:48 And that's not just ADOS. It's Latinos. It's all different kinds. Darker skin. That's what he's saying. Well, that's where they live. If that's where you're stopping and frisking, I can see how those numbers pan out, but you're really identifying something we already knew. You're identifying that there's a lot of black on black crime in cities, a lot of crime in poor neighborhoods. I think personally, in a 10-year tenure, instead of increasing, you're putting a band-aid on the problem. And the thinking is, well, if you know you can get stopped, I mean, thrown against the wall, then you're probably not going to bring your gun with you when you go out into the street.

24:31 Okay. But there's other ways to solve this problem. And I think the lack of imagination is what bothers me the most. And it's that Bloomberg is a walking-talking algorithm. I mean, if you listen to what he said, he was like, oh, well, if you just look at the numbers, we're harassing white people too much. We need to harass more colored people. That doesn't play. That doesn't play very well. From his algo perspective, I understand what he's saying. But again, it's egregious that he's saying this. And I think this is really, this is the racial issue right here. Instead of saying, oh, why don't we turn around and try some other things to eradicate poverty in these neighborhoods?

25:16 Now, let me be hypothetical for a minute. Let's say, you know, white guys do a majority of the white-collar crime. So we're just going to break into your financial records without a warrant and poke around to see what we find. And we're going to target, you know, affluent white men because that's who is committing a lot of these crimes. How long would that stand? Well, if you said it that way, it wouldn't stand at all. Unfortunately, it's true. You forgot one descriptor, though. If it's conservative white men, they do get targeted for that, mainly by the IRS, which is a political weapon.

25:58 But yes, I understand exactly what you're saying. Of course, it's bullshit. Like if the SEC was just standing outside of Wall Street banks and saying, hey, give me your phone. My analogy works. How do we go about preventing this instead of just trying to nail people? So that is the issue with stop and frisk. Well, I mean, it's big money. You know, on both sides. Of course it won't happen. No, no, no, of course not. Of course not. No. And if you really did that, in all earnest, then you'd find a lot of stuff a lot of politicians don't want people to know. And the money on the back end, the big money on the back end is the increase in property value.

CHAPTER 11 / 41 Discussion

Benjamin Dixon and the Role of Independent Podcasters

Podcaster Benjamin Dixon unearthed the 2015 Bloomberg audio that had been hidden in plain sight on YouTube for five years. Despite the resources of major newsrooms and the Trump campaign, it took an independent creator to isolate and publicize the remarks. This event is cited as a victory for independent media over traditional journalism outlets that failed to vet Bloomberg's record.

benjamin dixon· the north star· youtube· journalism· independent media

26:42 Yes. Because the heavy policing comes in with the gentrification. Yep. And all we're going to see how all this ties together, but let's get into clip three. Well, for more, we're going to Atlanta, Georgia, where we're joined by Benjamin Dixon, the host of the Benjamin Dixon Show and podcast. He unearthed and publicized the 2015 audio of Michael Bloomberg speaking at the Apspen Institute that we just played for you. Dixon is the co-founder of the NorthStar.com, the revitalized abolitionist newspaper of Frederick Douglass. It's great to have you with us. Benjamin Dixon, talk about, I mean, it's very clear that the Bloomberg campaign knew that this was going to drop.

27:21 They knew there was this recording, however muffled, of his statements at the Aspen Institute from 2015, and they were ready with a statement. Talk about why you released this, how you found it, and what Bloomberg has said in response. Yes, thanks for having me, Amy. It was online. It was hiding in plain sight. I read several articles about this speech, and what drew my attention to it was the fact that they were looking, that Bloomberg's team actually requested that the video from the Aspen Institute not be released. The Aspen Institute acquiesced. They did not release the video, but I was hoping to be able to find at least an audio clip, and that's exactly what I found.

28:04 It had been online for five years. I was able to isolate it, cut it up, and make it a little more audible. And I felt that it just carried a significant impact that the words in the article did not. I felt like people needed to hear his voice say these things. Thank God for podcasters. It took a podcaster. Now we have all these huge newsrooms, and they're, you know, it's amazing. Stop and frisk. I mean, Donald Trump, anything, they could go find it, talk to anybody, but it's on YouTube for five years, and none of your big

CHAPTER 12 / 41 Discussion

Donald Trump Hypocrisy Regarding Racial Rhetoric and Policing

Donald Trump labeled Michael Bloomberg a "total racist" in response to the leaked audio, despite Trump's own history of calling for nationwide stop and frisk during the 2016 election. Critics argue that Trump's base is indifferent to his own racial rhetoric, allowing him to "gaslight" the public by attacking Bloomberg for policies Trump himself endorsed. The hosts analyze the different ways the media frames the two candidates' histories with racial issues.

hypocrisy· gaslighting· white supremacy· hillary clinton· 2016 election

28:42 publications picked it up. Nor the Trump campaign. I'm sure they didn't want to touch it, considering his endorsement of it in the past. Well, Trump has an interesting view on that, and we'll hear that in clip four. And on Tuesday morning, President Trump tweeted, wow, Bloomberg is a total racist. This was in response to the video, the audio you released. Wow, Bloomberg is a total racist. Trump later deleted the post. Interestingly, while campaigning for president in 2016, Trump called for stop and frisk to be instituted nationwide.

29:23 Right. Right. Yeah, the level of hypocrisy that comes from the president isn't surprising, but that's really, that exemplifies the weakness that candidates like Michael Bloomberg will have against Donald Trump. His audience audience has. has no problem with the fact that he is a racist, but he will call someone else a racist. Michael Bloomberg has put himself in a position where he has a long-standing history of problems in New York City, particularly with stop and frisk. And so the president will stand on the debate stage and call him a racist when the rest of America knows that he's the white supremacist in chief. So there you go. Takes a blogger to know that, too, I guess. So Charles the white supremacist in chief. Yes. But Bloomberg just has problems.

30:06 He's not a white supremacist. Whereas it's one thing for Trump to say, hey, here are the numbers. Look at what happened. Murder rate went down. It's a little different to say, hey, you can just copy the profile and throw him against the wall. I think there's a little more racist undertones in Bloomberg's description. And you inherited from Giuliani and you racked it up, you know, 600, what do you say, 600% or something? 500%. 500%. 500%, right? So, I mean, it wasn't bad. He's like, oh, yeah, hold my beard, Giuliani. Yeah. Let me show you. That's how I do stop and, but then it's also hilarious for Trump to gaslight and say, hey, Bloomberg's a racist for supporting Stop and Frisk.

CHAPTER 13 / 41 Discussion

Michael Bloomberg Church Apology and Sincerity Concerns

Michael Bloomberg issued a public apology for stop and frisk at the Christian Cultural Center in Brooklyn, claiming he did not realize the negative impact on Black and Latino communities. Many New Yorkers and ADOS activists view the apology as insincere pandering intended solely to secure votes for his presidential campaign. The hosts mock the idea that a sophisticated politician like Bloomberg was unaware of the trauma caused by his own policies.

christian cultural center· brooklyn· black vote· political pandering· ados

30:52 My mind is about this flow. Is this a topic? Is this something that Ados is talking about? About this, or is it your sharp mind, which you have, that you pick up on this? Well, no, okay, the no vote, Ados, Foundational Black, Native Black crowd, the people saying we're not going to vote unless we get something tangible. That crowd is calling out the hypocrisy from the mainstream media. The hypocrisy that they're not how they cover one and then they whitewash the others' sins. Got it. And all Bloomberg has to do is apologize.

31:36 Well, yeah, he's Michael Bloomberg. He's got $60 billion that matters in America. Well, let's listen to him apologize. We begin tonight with that stop and frisk apology from New York City's former mayor, Michael Bloomberg. He made the comments during a service at a Brooklyn church today. Many are now saying the apology is, quote, long overdue. TV 1055's Hazel Sanchez has the story. I can't change history. However, today, I want you to know that I realized back then I was wrong. And I'm sorry. On Sunday morning, former mayor Mike Bloomberg stood before the Christian Cultural Center in Brooklyn and apologized for the stop and frisk policy he long supported while he ran New York City.

32:20 Now that he's making a run for the White House, many New Yorkers are doubting his apology is sincere. Do you think it's sincere? No, no, it's about trying to get votes. It's real convenient. That's what it looks like. I got something important really wrong. I didn't understand that back then. The full impact that stops were having on the black and Latino communities. I was totally focused on saving lives. But as we know, good intentions aren't good enough. Man, I hope you have the clip where Bloomberg says, well, I have black friends, and they tell me that this was no good.

33:01 No, I don't have that clip. But it's amazing how it's like, oh, I didn't realize. Gee, cops throwing, harassing people, citizens moving freely inside of a city. Yeah. I didn't realize that was going to be a problem. Here it is. Here it is. And I know a lot of black people that if they were white, it would have been a lot easier for them. That's not the one I was thinking of, but it's stuff like that. Like, oh, I know a lot of black people. Well, you didn't know before, Mike, that your black people didn't say, hey, this is fucked up, Mike. No. No. Well, for one reason, even after his apology, there's always somebody that's willing to get the butter biscuits.

CHAPTER 14 / 41 Discussion

Eric Adams and the Concept of Butter Biscuits

Brooklyn Borough President Eric Adams accepted Michael Bloomberg's apology, a move the hosts characterize as receiving "butter biscuits." The term is defined as a metaphor for being bought off with financial gain or political clout in exchange for defending someone's controversial actions. Donald Trump criticized the apology as "disgraceful" and "pathetic," noting that Bloomberg only changed his stance after joining the Democratic Party.

eric adams· brooklyn· nypd· butter biscuits· political clout

33:42 Yeah. Yes, apology too. Brooklyn Borough president and former NYPD officer Eric Adams met with Bloomberg today. When Michaels, I believe, sincerely felt as though they made a grave mistake years ago in their implementation of Stop and Frisk. I accept this apology. I believe that the question now becomes, how do we move forward? What do we do now after that acknowledgement? Wait, wait, who was this? That is the president of the Brooklyn Borough Police. Wow. I mean, you can play the first like 10 seconds. They'll give his title again. Yeah, I just want to hear that. Okay. Brooklyn Borough president and former NYPD officer Eric Adams.

34:26 Brooklyn Borough President. Borough president. Okay. Okay. Yeah, but when you got $60 billion, $50 billion, man, you know how big that plate is of butter biscuits. I mean, you can buy whoever you want. Yes, I do, actually. And notice how quiet everybody really is. And it's not even, and when I say butter biscuits, that's not even a racial thing. Because you notice how MSNBC, CNN, they're kind of like, oh, yeah, he apologized. Explain the butter biscuits again, Mofo. Okay. Butter biscuits. So what this is, is it's typically used towards black people by other black people to say when somebody says something they know is not true, but it

35:16 gains them financially or clout or affluence, they'll go out and be bought off. And the currency that they're bought off in is butter biscuits. So just explain that just a little bit. It's like Bitcoin, only tastier. Right. Only butterier. So, of course, Trump couldn't let this apology slide by, and he had to say it was disingenuous. I was going to say, Mr. President, you took on Michael Bloomberg and Brad Parscale did as well over Stop and Frisk.

35:54 Yet in 2016 and 2018, you praised Rudy Giuliani for the Stop and Frisk program. So what's different about what Bloomberg said from what you believe the program? Well, I'll tell you when I looked at it and I watched him pander at a church and practically beg for forgiveness. I wouldn't have begged for forgiveness. I mean, he was doing his job at the time. And then he, when he went up to the church, I thought it was disgraceful. Do you support that policy? And is it, as you said, in the tweet? There's anything we can do to get down crime and to get rid of drugs. But I think when a man is with Stop and Frisk his whole life, and then he decides to go Democrat, and he goes to a church and he's practically crying. It looked like hell. He's practically crying, saying what a horrible thing he did.

36:36 I think that's so disingenuous. You know what I'm talking about, fellas. That was so of Bloomberg. Look, he's a lightweight. He's a lightweight. You're going to find that out. So this is this. I think this is why Trump gets respect for at least doubling down on what you believe. Right. Even though I don't agree with it, Stop and Frisk was a terrible thing. It was basically, in my point of view, a form of martial law. Because when you can't move freely in your own community, that's a problem. Yeah, it's, of course. That's a huge problem. But we have to understand

CHAPTER 15 / 41 Discussion

The Black Boule and Historical Context of Crime Bills

The hosts discuss how segments of the Black community, including the "Boule" or elite leadership, originally supported aggressive policing in response to the 1980s crack epidemic. However, the implementation failed to distinguish between criminals and innocent citizens, effectively creating a state of "martial law" in minority neighborhoods. This historical context explains the complicated relationship between community leaders and the politicians who enacted harsh crime policies.

black boule· crack epidemic· heroin· martial law· community policing

37:19 the black bullet was on board with these things, with the crime bill, with the stop and frisk. They were on board because they looked at it like, oh, we need to do something to keep our place. Because, you know, when you had, this all stems from the problem with the drugs and crack era in the 80s. Right. You know, it was basically go back to the 70s, really, with the heroin epidemic. But, I mean, these communities became basically drug zones and war zones with the guns and drugs.

38:00 Are you saying the Boulet would like to have it continue contained? Is that what I'm hearing you say? Well, this is how it worked. The citizens would go to the Boule representative in their community, you know, the mayor, alderman, whoever they are. Yeah, it's Eric Adams. Eric Adams. Yeah, you need to clean these streets up. The citizens will say, you know, my kids can't play. And instead of being sophisticated, they just went and said to people like Bloomberg, Giuliani, and whoever else, you need to crack down. They cracked down, but the problem is the police didn't distinguish between

38:40 a kid, an innocent kid, walking down the street with a hoodie on and an actual criminal. It was like, we're just doing it by the numbers. You know, you look as Giuliani said, not Giuliani, but Bloomberg said, you could just, you could X-Rock the picture and admit, you know, it was just like, if you fit the description, if you're black or brown within, you know, 15 to maybe 30, you are more likely going to be a criminal. They didn't do any policing from the top down, taking down the kingpins. They, you know, no other measures identifying the problem. This was, this was the, it's the Belgian screwdriver. You know, it's like she's bash away with a screwdriver.

39:24 screwdriver at the problem. Right. So let's get back into listening to Trump. I call Bloomberg disingenuous. He's also one of the worst debaters I've ever seen. And his presence is zero. So he'll spend his three, four, five hundred million dollars. Maybe they will take it away. Frankly, I'd rather run against Bloomberg than Bernie Sanders. Because Sanders has real followers, whether you like him or not, whether you agree with him or not. I happen to think it's terrible what he says. But he has followers. Bloomberg's just buying his way in. But we're going to find out what happens.

CHAPTER 16 / 41 Discussion

The Hunted and the Hated Stop and Frisk Documentary

Audio from the documentary "The Hunted and the Hated" illustrates a typical stop and frisk interaction where a young man is harassed by the NYPD for wearing a hoodie and carrying a backpack. The footage highlights the aggressive and disrespectful nature of these stops, which often occurred without reasonable suspicion. The hosts emphasize that even "geniuses" like Bloomberg relied on these crude, harassing tactics rather than sophisticated policing.

ross tuttle· documentary· police harassment· civil rights· hoodies

40:00 We're going to find out. But when you watch Go Back to the Church, where he apologized for everything he ever did, practically, and he looked pathetic, our country doesn't need that kind of leadership. Yeah. Yeah. So I too would like to see this Bloomberg. I agree with you, Trump. I want to see the Bloomberg Trump battle. But just to give a little context to what a stop and frisk interaction would look like between cops and young men in those neighborhoods. I found this documentary called The Hunted and the Hated.

40:42 An inside look at the NYPD NYPD stop and frisk policy. And that was directed by Ross Tuttle. Walking home from my girlfriend's house and a cop call and passed me. A couple of seconds later, I heard the car turn around and they just popped out. They just all just jumped out the car. I decided to record it because I was getting stopped a lot and I didn't have evidence of cop being disrespectful or anything. So I'll press the button and record the whole thing. I just got stopped like two blocks away. You look very suspicious. Because y'all always looking at him crazy. Because you keep looking back at us, man. Because you always looking crazy, yo? Coming up the block. Always. That's our job, but man.

41:27 Listen, stay at me up. Listen to me. Listen to me. Our job is to look for suspicion. You keep looking at us like that. I just got stopped like two blocks away. Because you keep doing that shit, man. We stopped you last time. Listen to me. When you're walking the block with your hood up and you keep looking back at us like, why do you have a fucking thing going on here? Because I have my hoodie in there. They do that. Have your head hoodie on your body. Well, it was cold. You're going to smack me. You're going to smash me? No, you asked me why I have a boot bag on. Who are you talking to? You asked me why I had a book bag on. Ask me if I had a book bag on. Why are you touching me for? Oh, man. Because he's wearing a hoodie? Yeah, walking up the block with a book bag.

42:06 Yeah. And you know what? That's your MO. That's the M. This reason why I play this is this is the MO. Yeah. If you're brown, I mean, any shade of brown, wearing a hoodie and walking up the block with a book bag. Yeah, bad. You fit the MO. Yeah, very bad. How many kids go to school like that every day? And the reason why I want to, I just want to shed light on this. I understand that something needed to be done for the crime. But these people are geniuses. Bloomberg is a genius.

42:46 And the best you can do is just like harass people. Well, even worse, it starts off with the cop saying, yeah, you were looking at us. He says, yeah, because you're standing there menacing. And I mean, I think anyone knows that if you've ever been pulled over, I was pulled over just recently. And the first thing I said is like, hey, man, you were really riding my ass. So, you know, if you're pulling me over for speeding, I don't know when I was speeding, but I didn't like it. And, you know, I pulled over into the right-hand lane. And it can be intimidating to anybody of any age. It used to be different, but yeah. And then to say, well, it's because why are you wearing your hoodie? That's wrong, man.

CHAPTER 17 / 41 Discussion

Police Explorers and Verbal Abuse in NYPD Stops

A specific recording features an NYPD officer verbally abusing a young man, calling him a "mutt" and threatening to break his arm, despite the youth being a member of the Police Explorers program. The victim's status as the son of a traffic cop did not protect him from the aggressive profiling. The hosts argue that Bloomberg's apology is insufficient given the systemic nature of such abuse that he actively encouraged.

police explorers· verbal abuse· internal affairs· racial slurs· civil complaints

43:27 So wrong. So let's just listen to the second clip in this interaction. Who's holding me? He's going through your pocket. He's going up, down. He's going through my sweater. Then that's when he told me to keep my hands on my head. So I was like this the whole time. You want to go to jail? What for? Shut your fucking mouth. Well, I'm going to get arrested. Shut your mouth. What am I getting arrested for? For being a fucking mutt. You know what? That's a law being a mutt. Who the fuck are you? You're looking at something about how to rip it by all the bitbag on the fat for my hilly. He decided to take my hand from me here and he put it behind my back like that. Why you putting it on my arm way back? Shut your fucking mouth. You're asking me questions. Weren't you a fucking explorer at one point? I was. I'm fucking respect. Because that's not what you always stopped me for no reason. You want somebody to talk about?

44:12 Why don't I break your fucking arm? I'm going to break my arm. For what? Dude, I'm going to fuck a break. Who's your father? You're going to pop in my face? You're not going to. Okay, he's a traveler. Why are you pushing my phone? Yeah. Yeah, and this kid is a son of a cop. Yeah. Traffic cop, though, doesn't count. Yeah. Traffic cop, not the same thing. Wow. How does that work? Well, where you were at Explorer. So I think, I mean, Explorers, I think, is like the kid is the kid police program. Oh, okay.

44:58 If I'm not mistaken. So, I mean, it's not like this guy, this kid is anti-cop. It's just, I mean, you're being harassed. I mean, just the freedom of movement, man. That's wrong. That's wrong. I mean, it just, I don't agree with that. And it irks me. It's, yeah, the Police Explorer's career-oriented program gives young adults the opportunity to explore a career in law enforcement by working with local law enforcement agencies. Do we know what happened to these officers who treated him this way? I think he filed a complaint against them, but I don't think, I don't know. I didn't finish the documentary. I just wanted to catch more of the interaction. Just so people can hear, you have a son of a police officer.

45:43 Yeah. This is walking in his community. He wanted, obviously, explore the potential to be a police officer himself. And the only thing you want, I mean, you call him a mutt. And, you know, but it is what it is. My problem is when you have these people condemn one side being Trump and give the other side a pass because he apologized and the other guy was the actual one instituting the policy or ratching up the policy. And that's real rough. And condoning it because you know that there were plenty of complaints.

CHAPTER 18 / 41 Discussion

Karen Hunter and Al Sharpton Financial Ties to Bloomberg

Media personality Karen Hunter and activist Al Sharpton are scrutinized for their acceptance of Michael Bloomberg's apology. Records show that Sharpton's National Action Network received a $110,000 grant from a Bloomberg-funded nonprofit shortly after Sharpton criticized the mayor. The hosts suggest that Bloomberg's vast wealth allows him to effectively buy the silence or support of prominent Black leaders and media figures.

karen hunter· al sharpton· national action network· grants· media bias

46:24 I mean, this was news. I mean, I was in and out of New York. This was news. People knew about this. There was a lot of talk about it. And he supported it all the way up to 2019. That's when the speech came from that hit his feet. So it was like... Just say you're sorry, man. It's easy. All right. So, but we're going to listen to one of our favorite contributors, Miss Karen Hunter, and Bloomberg's Stop and Frisk problem. 2015. All right. Now, since running, I think Bloomberg apologized. Yep. Do we accept his apology? Huh? Go ahead. Play his apology. I was wrong.

47:03 And I'm sorry. Oh, that's a real apology. I'm making a juxtaposition because Snoop didn't apologize. But anyway, 8668018. A little bit petty. And just by doing that, you know, that method, which started under Juliani, which he continued with the Comstats and Ray Kelly, put a lot of black lives in harm, created a lot of trauma. There were more black boys, in particular black men, stopped and fricks than actually existed in the city of New York. And there's a lot of black people in New York. It's the largest black city, city in America. And yeah, it was painful. Does the apology cover it? I mean, I think he was sincere in his apology for a number of reasons. Yes, he's running for president. He needs the black vote to win.

47:48 But I think that, you know, just like his Greenwood initiative that he put out after he found out about Tulsa last year, which is baffling to me that you can live in a country and not know where you hear this. Where was Reverend Al all these years? I mean, I know. He was in New York. This is his backyard. Yeah, just want to make sure. Let me see. 2012, Rev Al takes New York NYPD Stop and Frisk Law to task with upcoming Silent March. So then I'm sure that Bloomberg paid him and he went away, as Rev Al does. As they said in the previous clip, he silenced, you know, he silences

48:32 his naysayers. When you got that kind of cash, I mean, what are you going to do? But did you hear how she's like, oh, yeah, he apologized. We accept it. You know, he wants to be president. He needs a black vote. So it must be sincere. How does that logic work? That would make it insincere. Here we go. Reverend Al Sharp to this is from 2010. Finally disagreed with Mayor Bloomberg a week ago on how to change elections in the city. See, okay. Sharpton's National Action Network got a $110,000 grant from a brand new nonprofit funded by Bloomberg.

CHAPTER 19 / 41 Discussion

Cognitive Dissonance in Media Coverage of Trump vs Bloomberg

Karen Hunter claims that Donald Trump "hates black people" at his core, while accepting Michael Bloomberg's apology for policies that actually incarcerated Black citizens. The hosts highlight this as a "Jedi mind trick" of cognitive dissonance, where one billionaire is labeled an irredeemable racist while another is given a pass for political convenience. They argue that both candidates should be held to the same standard regarding their records on race.

racism· melanin· political bias· media hypocrisy· 2020 election

49:12 Just want to make sure we stay on top of that. Jamoke. Don't like him now. And he's one of the most powerful men in this game. Oh, yeah. In the race game. But let's continue to listen to, I guess, Karen Hunter and accept Bloomberg's apology. That's why we have to be informed. That's why it goes so hard in the paint. So my question is: number one, people running for president, they're going to need the black vote to win on the Democratic side. And Trump is baffled by why he doesn't have more black supporters because you're racist, sir.

49:52 Listen, it doesn't matter how many programs you do, how many black people you let out of jail, if you legalize marijuana, at your core, you hate black people. And I think if you had the opportunity to get rid of all black people, and I'm talking about Mexicans, anybody with any melanin, anybody from any country that speaks any language other than English, I think you would wave a wand and get rid of us. That's fucking unhinged. This woman is horrible. My God, woman. Oh, Bloomberg money. Yeah. You just said about Al Sharpton. Come on now. I thought we were talking about Bloomberg and Stopping Friez. All of a sudden, you accept his apology, but he's not a racist. And then you say, Trump, it doesn't matter how many black people you let out of jail.

50:33 That doesn't atone for it. But Bloomberg's apology atones for his actually locking black people up. Like, I'm looking 20 in some way, 2020, we know is vision, you know, clear vision. Oh, yeah, nice. This actual 2020 election is going to clarify and crystallize a lot of things. We're seeing size being drawn. We're seeing things being brought to the light. When you have this kind of money, people are going to be exposed. And I'm going to be for it.

51:15 Always for it. Of course. Always for excuse. You sit here and say these two men that had the same exact views. They come from the same exact places. They have the same exact privilege as you see it. But you do this weird Jedi mind trick or however you want to look at it. Well, this guy is a racist to the core, but this other guy can be accepted because he apologized. How does that work? Yeah. Please tell me how that works. Well, I'm trying to find where. Okay. So she's co-authored books, Karen Hunter with Al Sharpton. It says enough right there. Oh, yeah, yeah.

CHAPTER 20 / 41 Discussion

Subprime Loans and the Milieu of Black Media Elites

The hosts discuss the "milieu" or social environment of media figures like Karen Hunter, Stephen A. Smith, and Charlamagne tha God, suggesting they run in the same elite circles. Hunter's pivot from discussing stop and frisk to her personal experience with subprime loans is criticized as conflating two different issues. While acknowledging systemic banking discrimination, the hosts argue that taking a loan one cannot afford also involves personal responsibility.

stephen a smith· charlamagne tha god· subprime loans· predatory lending· milieu

51:59 She's tied in. And I want to say this other thing. I want to make sure I understand the term milieu correctly. This is a small, just a small aside. But I think I spotted one between her, Stephen A. Smith, and Charlemagne the God. Okay, so milieu is, you know, your social environment. Fancy ass French word for it. Right. And you can detect milieu by the way people dress, the way people talk, even certain acts. That's usually where Dvorak and I pick it up: how people speak. Because the way they speak, and know that Stephen A.

52:42 Smith and Charlamagne Negro from the South. But they, I mean, not really, no, he's Stephen A. Smith from New York, Charlemagne the God from the South, but they have this unique way of talking. And I know that I was like, she sounds like somebody, but just pay attention to it next time you hear it. Okay. I will. Because I think they run in the same circle as well. But let's just listen to problem three. But I had a meeting today with a person who's not black. And we were talking about loans and this and that. We were going over my finances. And I said, yeah, I had this loan. You know, it's a subprime loan, even though I had great credit, a great job, and everything. She was like, why? I said, because the banks were predatory towards black people.

53:26 And I said, you didn't heard of it? I hadn't heard of that? No. So then we went through another thing. I said, yeah, I had another loan too. And I could see her catch her breath. Like, just because you're black, you got a bad law. I said, yes. Isn't it amazing we're not in the streets burning stuff down? Like, isn't it amazing that we're relatively well adjusted considering all of the obstacles? And I said, if I didn't have anything to compare it to, I wouldn't know that this was targeting. And if the Wells Fargo thing and the housing bubble hadn't happened, we wouldn't have known that there was a willful targeting of black people. But what did that do? That impacted the wealth of black people for centuries, probably.

54:08 That created a wealth gap. gap that's going to take 200-plus years to close because people, excuse me, financial institutions willfully came after black people and gave them bad loans. I said, I had a piggyback loan on a house that I didn't have, shouldn't have had a piggyback loan on. And I talked to a bunch of my black friends, and they all had piggy loans. They all had them, yeah. Why? I'm not sure I agree with what she's saying here. Saying you have a subprime loan is not a loan that is targeted towards anybody, except people who are stupid and/or lying. And that's what happened. So it was predatory that people said, You can't afford this, but I'm going to give it to you anyway.

54:51 I put a lot of that on the people taking the loan. I agree with you, but I'm going to two things. One, she was talking about stop and frisk. This is from the same clip in the stop and frisk second. And she does this weird pivot. I don't know if it's a case of the truth wanting to come out, but she starts talking about subprime loans. And I'm like, how did her brain make that connection to go from stop and frisk to subprime loans? No, I'm not sure. I do agree with. We're going to find out in a minute. Oh, whoa. But it's amazing that

55:37 I agree with you. Well, hold on. Hold on, hold on. Let me back up for a second. She starts to clip off by saying, I had a meeting with a white person, which immediately was like, okay, so you're setting some kind of boundary. I'm not quite sure. But I guess it was a financial person. And the way she twisted this is that the white people took advantage of the black people by screwing up the economy with loans they never should have given to anybody. And there's a lot of white people who got those loans, probably more than black people. But somehow that to me was a very racially charged thing she was saying. And I can't agree with her premise. And the problem is, she's conflating two things.

56:20 Yes. One, one, a lot of people, smart people, because she's smart. She took a bad loan out herself. Yeah. And a lot of her smart friends did. They took out loans they couldn't afford. But there is systematic discrimination in the banking process. And I'm going to prove that later. But the fact that she conflates these two things and probably and probably conflates them makes her argument invalid. Certainly weakens it. That's the problem.

CHAPTER 21 / 41 Discussion

Michael Bloomberg 2008 Comments Blaming Minorities for Market Crash

In 2008, Michael Bloomberg suggested that the end of "redlining" and pressure on banks to lend to poor neighborhoods caused the housing market collapse. Bloomberg argued that redlining was a protective measure and that the crisis began when "local elected officials" forced banks to provide credit to those with poor credit scores. The hosts characterize this as a "pro-redlining" stance that blames minorities for a systemic failure caused by Wall Street leverage.

2008 financial crisis· redlining· predatory lending· congress· fannie mae

56:59 It makes it, you know, if you want to talk about it, but I'm going to explain to you why I think her brain did that weird pivot with Bloomberg blanks minorities for the 2008 market crash. Of all the things you could be wrong about, being wrong about the Iraq War is probably the most important. But I think maybe a second is being fundamentally wrong about how we ended up in the worst economic collapse of our lifetimes. And Mike Bloomberg, he's wrong. Watch. Some reference to the elements that led to where we are today. Could you go a little bit deeper and tell us from your perspective, how did we get here? What are the root causes of policy?

57:36 You can go back. I would say it probably all started back when there was a lot of pressure on banks to make loans to everyone. Redlining, if you remember, was the term where banks took whole neighborhoods and said people in these neighborhoods are poor. They're not going to be able to pay off their mortgages. Tell them your salesmen don't go into those areas. And then Congress got involved, local elected officials as well, and said, oh, that's not fair. These people should be able to get credit. And once you started pushing in that direction, banks started making more and more loans where the credit of the person buying the house wasn't as good as you would like.

58:18 Now, it's not so bad when the market for houses keeps going up because the nice thing about making a mortgage loan is it's very secure. After all, if the borrower defaults, you simply sell the house and you have something that's worth more than the value of the mortgage. That assumes that real estate prices never go down. And we just discovered that they could. You get some very interesting logic here. Redlining, which, of course, is a talking point, is generally seen to be as very, very bad and racist. In this case, the redlining, in fact, was protecting these neighborhoods from predatory bank lending.

59:03 But as Bloomberg himself said, but then the local officials, I would presume that's his administration, got in and said, No, no, no, no, no, no, no, you got to, hey, you can't, it's racist to just screw Whitey. Let's get everybody. And that's the thing. They only open it up when they have something toxic to sell to the redline community. But redlining, and we're going to get to the history of redlining because it goes deep. Yeah, a lot of people don't really know what the hell they're talking about with redlining. But the fact that he takes this and throws the term around as, you know, like you said, it was keeping, it was a good thing.

CHAPTER 22 / 41 Discussion

The Immorality of Defending Segregationist Lending Policies

Michael Bloomberg's defense of redlining is equated to defending segregation, as the policy systematically denied loans to Black and Latino families based on race. The hosts point out the mathematical absurdity of blaming a small percentage of the population for a global economic collapse. They argue that Bloomberg's perspective is "deeply immoral" and ignores the role of bankers who profited from toxic derivatives.

segregation· systemic racism· banking· market crash· demographics

59:44 And that's why I said her brain made that weird jump. You're talking about Bloomberg, stop Frisk, and then you do this weird pivot into predatory lending. So I believe she knew about this. I'm just speculating. This is 100% speculation. But just how did your brain make that weird? I was having a conversation with somebody about money when we're talking about stopping Frisk. Well, you're in the milieu. There you go. You're in the milieu of white rich people, I guess. So, so that's, well, we know who Bloomberg, if it's the same Milieu, we know who Charlemagne the guy runs with. Yeah, with the white hedge fund guys.

1:00:26 Exactly. So I'm just saying. Maybe, you know, they run the same circles. But let's listen to Market Crash 2. So, wow. There was like systemic racism in how loans were given out, who was given loans, who had access to areas to buy houses, interest rates, all that. And there was an effort to try to solve that just a little bit. And look at what you get when you solve that. You crash the economy, you dummies. That was what he offered up. It wasn't like they gave that as a theory and he talked about it for a bit. That was his core response on why did the economy fall apart?

1:01:08 He just did a pro-redlining talk there. That's unbelievable. 2008. Yeah, that wasn't like 1978 and corn pop had come into the pool. 2008, redlining is specifically a racist policy. That's like saying, well, I mean, there's a value in, that's like literally defending segregation. Literally. And saying, oh, we're going to deny people loans in certain areas because they're black. And he's saying, well, that was the good old days. And when we stopped systematically discriminating against blacks and Latinos, it was those blacks and Latinos being irresponsible that caused the collapse.

CHAPTER 23 / 41 Discussion

Cenk Uygur on Bank Leverage and Derivative Bets

Cenk Uygur of The Young Turks explains that the 2008 collapse was driven by banks removing leverage protections and making massive bets on derivatives. Bankers incentivized predatory loans to create "candy" for these derivative packages, often ignoring a borrower's ability to pay to secure short-term commissions and bonuses. This analysis refutes Bloomberg's claim that minority borrowers were the primary cause of the recession.

cenk uygur· the young turks· collateralized debt obligations· derivatives· wall street

1:01:55 Wow. Okay, look, other than being deeply, deeply immoral, it's also deeply, deeply wrong. So, and there's a good reason why Bloomberg is wrong on purpose. Oh, oh, oh, on purpose. Okay. Yes, we're going to find out why he's wrong on purpose, but let's unpack some of the things that he said. This is 2008 when Bloomberg is talking. You're that unaware that redlining is seen to be as a bad thing? This goes back to the 60s, man. This is the guy is not on this earth. Right. I think you go even back to the 40s, if I'm not mistaken, with the new

1:02:40 deal. Oh, this was burst out of the New Deal. You're right. You're right. And that's why you had to have the equal, was it equal housing lenders or whatever it is? That was a correction of the redlining. And these are real historical facts. And for him to say, oh, yeah, it was a good thing. The other thing, this go to show, we get blamed for everything. We're 13% of the population. Probably 7% of the 4. And it's like, oh, yeah, when we start giving black people loans, that took the whole markdown.

1:03:19 We get black. You can't make this stuff up. That is one of the most, I mean, that's pretty egregious what he was saying there. That's that, man. Okay. We didn't design anything. We didn't pass any bills. We didn't lose any regulations. And the reason, and I know people out there say, well, why would you take a loan you knew you couldn't pay for? Well, if the game is, you know, if we get in on this low interest rate and the house goes up by the time the interest rate goes up, yeah, it's flipping. I mean, they have TV shows about this, you know, and white people do it all the time. I don't understand, but when a suppressed group of people are giving all.

1:03:59 opportunity, and I say that, we were allowed because due to how red line worked, I'm going to pause right there. Let's just get into crash three. Why? Because they had removed protections on leverage so the banks could make wild bets, sometimes put a dollar down, but make a $100 bet. So when you lose the dollar, all of a sudden you're not losing a dollar, you're losing $100, which you don't have in the bank. And you did that by betting on these collateralized debt obligations and the derivative packages, et cetera. So I tell you all of that because there is a real answer as to why we had the collapse.

1:04:43 And the bankers first pumped all that out into the market. Why? Because they were making money off of it. They're like, oh, go buy, oh, we got great mortgages for you. And they were handing them out like candy, right? Oh, they would say oftentimes, oh, you don't even have to worry about filling it out. But it was irresponsible blacks and Latinos who are at fault. No, the bankers told them, I don't care if you have a job. I don't care if you fill out the information a lot of times because we're not like the money we make on this mortgage, it's good and fine. But we're making the real money on the derivative bet. Okay. So just go, go, go, go. And they're handing him out, handing him out. Meanwhile, the entire time, they're making commission and they're collecting all of that.

1:05:26 And they took it home in bonuses and giant, giant bonuses on those giant, giant bets. Is that Chenk Chunk from Young Turks? Yes. This is Young Turks. Good explanation. I think he did that well. So now we understand why or how the loans were made and who was making the loans and how they benefit why the banks push giving loans to people that they know because you got to look at it from both sides of the coin. One, I'm a person. If a person comes to me and they have bad credit, wants to borrow $100, I'm going to say, nah, I'm not going to give you that $100 because it's not likelihood to get it back.

CHAPTER 24 / 41 Discussion

DOJ Lawsuit Against Fred and Donald Trump for Housing Discrimination

In 1973, the Department of Justice sued Fred and Donald Trump for violating the Fair Housing Act by discriminating against Black renters in Brooklyn and Queens. Undercover "testers" revealed that Black applicants were told no apartments were available, while white applicants were shown units immediately. The lawsuit alleged that the Trumps sought to reserve specific buildings for white tenants while relegating people of color to less desirable locations.

department of justice· fair housing act· fred trump· brooklyn· queens· 1973

1:06:08 So you not only can put it on the borrower, but also the lender because you have to protect your investment. But if you're making short-term gains off of just the action of loaning the money, that's self-serving. Of course. So I just want to point that out. So now, to be fair, to be unbiased as we are here on this podcast, Trump had his own issues with housing discrimination. 14,000 apartments in 39 different buildings, all mostly white tenants. That is until the Department of Justice took notice in 1973 and slammed Donald Trump and his father, Fred Trump, with a lawsuit. Trump management was charged with discriminating against African Americans and breaking federal law.

1:06:52 Donald Trump, then just 27, was president of the company. The Department of Justice accused the Trumps of violating the Fair Housing Act, arguing they were turning away renters based on race and color. Who tipped them off? Local activists, so-called testers, posing as potential renters at Trump's buildings, mainly in Brooklyn and Queens. Elise Goldweber was a lawyer for the DOJ's Fair Housing section at the time and was called on to handle the Trump case. When the black testers came, they may have been shown apartments, but were told nothing was available. Whereas when the white testers came, yes, there were things that were available.

1:07:32 That would be the norm. And if the Trumps did rent to a black person, Goldweber recalls they would do so only at one building in Brooklyn, reserving the other buildings for white tenants. That the white people would live in Trump Village and the people of color would live in Flatbush. And according to the Justice Department, they even had a secret coding system to do it, a racial code. Here's how. Sounds pretty racist to me. So, and this was brought up all throughout 2015, 2016.

CHAPTER 25 / 41 Discussion

The C-Code and Trump Defamation Countersuit Against the DOJ

The DOJ investigation found that Trump management used a secret coding system, marking applications with a "C" for colored to identify Black prospective tenants. Donald Trump responded by suing the government for $100 million in defamation, though the countersuit was dismissed. The case was eventually settled in 1975 with the Trumps agreeing to advertise in minority publications, though they never admitted to any wrongdoing.

racial coding· defamation· settlement· civil rights· trump village

1:08:08 Oh, yeah. Fred Trump. I even had a clip and it was unclippable, but Rachel Maddow, she was chasing down this dude who used to work for Fred Trump. And she was like, Fred Trump used the N-word when talk about renting to black people, and Donald Trump was in the room. So, I mean, they went with no stone turn. You know, what's interesting is, of course, doing what I do, of course, I know of this issue. We've discussed it on no agenda. I don't think I've ever heard that detail about the testers. I think that's the first I've heard of it. They had testers, and then they had this super sophisticated way of

1:08:51 identifying black renters. Here's Here's how. how. Some of the applications were marked with the C, which we learned that it meant colored. So the prospective tenants who had come in were noted to be colored. Yes, you heard her right. The Department of Justice alleged applications submitted by prospective African-American renters were designated with a secret code, such as C for colored, to indicate a black person was looking to rent. In true Trump fashion, Donald Trump hit back, calling the government's accusations absolutely ridiculous and telling the court, I have never, nor has anyone in my organization ever, to the best of my knowledge, discriminated or shown bias in the renting of our apartments.

1:09:40 Trump's lawyer said the government suit failed to give names, addresses, or specific incidences of discrimination. Claiming the lawsuit caused substantial damage to their business and reputation, Trump took the most unusual step of suing the Justice Department for defamation, seeking $100 million in damages. But that countersuit was tossed out by the judge. Even so, the Trump family maintained they never discriminated based on color, but were instead trying to avoid renting to people on welfare. Two years later, in 1975, Trump and his father settled the case, agreeing not to discriminate against anyone.

1:10:18 They also promised to advertise in publications aimed at minorities, familiarize themselves with the details of the Fair Housing Act, and notify civil rights groups of apartment vacancies. The Department of Justice claimed victory, but the Trumps never admitted any wrongdoing, reportedly noting the settlement was in no way an admission of a violation. So this is where I'm at. I don't agree with discrimination, but at least I know what I'm dealing with. Here's my problem: people want to deal with people that's going to lie to them.

CHAPTER 26 / 41 Discussion

The Tangible Results Litmus Test for Black Voters

The hosts advocate for a "tangible results" approach to voting, where Black voters withhold support unless candidates provide concrete benefits. They argue that both Trump and Bloomberg have disqualifying records regarding housing and policing, and the media's attempt to favor one over the other is a "dog and pony show." The discussion emphasizes the need for independent media to expose the hypocrisy of both political parties.

voting· political strategy· hypocrisy· litmus test· independent media

1:10:58 If I know where you stand, then I know how to deal with you. And that's why I said for my group of people, we need to stand back and see who has something tangible for us because they're equal on both sides. And whoever has the most to provide, as far as standard tangible standpoint, then we support them when I vote. And if nothing comes, then we don't vote. Because to me, it's two sides of the same coin. But the people that's supposed to be our leaders will put on this show, Dog and Pony Show to make it seem like there's a difference.

1:11:39 And they're really not. Right. Right. Okay. When you say leaders, that goes down the line. I mean, it's not just president, but that's local. Clearly, it's local quote-unquote officials and Al Sharptons, too. Yeah, all of, I mean, when I say leaders, I'm talking about the clergy, the media, the politicians, all of them. Even I'm not only talking about black here either. So we have Karen Hunter, we have Bloomberg, I mean, not Bloomberg, excuse me, Young Turks. If Bloomberg happens to be the candidate for Democrats, they're still going to carry the water.

1:12:20 Sure. Yeah, yeah, I mean, this is the. You're looking at the differences here between how each racial episode for each of the candidates is handled by the media. Right. So you're not, it's not this is a litmus test, and they're not, the standard is not the same. Right. If the standard is a guy support stop and frisk, he's a no. He's a hard no. Then both of them have to be a hard no. Right. If it's unfair housing practices, supporting a redlining or housing discrimination, if that's a

1:13:02 participate in that, it's a hard no, it needs to be a hard no for both. But what I'm doing is going to show you how when you juxtapose these two people against each other, you see the hypocrisy. I'm here to point out the hypocrisy and also validate the claims of redlining and stop and frisk because they're they're real. But people you say, you know, some people say, oh, no, it's a figure of your majestination or that was long in the past. But I would like to take a short pause here. We lost one of our historical celebrities, Miss

CHAPTER 27 / 41 Discussion

Ja'Net DuBois and the Inspiration Behind the Jeffersons Theme

Actress Ja'Net DuBois, who played Willona on Good Times, passed away on February 17, 2020. She is credited with writing and performing "Moving On Up," the theme song for The Jeffersons, which was inspired by her personal dream of moving her mother out of the Brooklyn ghetto. DuBois wrote the lyrics as a "promise" to change her family's life, capturing the universal desire for upward mobility and home ownership.

ja'net dubois· the jeffersons· norman lear· brooklyn· moving on up

1:13:44 Jeanette Du Bois, and she played Valona on Good Times. I know people are saying, How, what's the connection with that? I mean, that's kind of hard, right? Well, she wrote a popular song for a popular show, The Jeffersons. I talked to my mom in New York, and I was telling her, I said, You know, I think I blew it. I think I just don't know if I can do what I told Norman I could do. And she said, Always has said this to me. You can do it. And I said, But I don't know what to write about.

1:14:23 She said, What is your, what was your dream all your life? My dream was to get my mother from working, to put it, retire her, buy a car, Ferraros, move her away from Brooklyn Ghetto, Ferris Street, Williamsburg, where I lived. That was a dream. See, living in Brooklyn, you have the east side, the west side. I wanted to do it to the east side. Got the idea? I wanted to move to the east side. And I used to always tell her: one of these days, mom, I'm going to make it. I'm going to do this, I'm going to do that. I'm going to do this. This was the opportunity. She says, What have you been always saying to me since you were a little girl? Even when you stuttered, you said it. I said, I was going to make a difference. I was going to change your life. I was going to move you out of here. She said, write that.

1:15:07 And I wrote that and brought it in. And I think Norman looked at it and he said, Who told you about the story? And I said, No one told me about the story. He said, How do you know these things that you're moving to the east side and all this stuff in the penthouse and blah, blah, blah. And I said, Well, that's personal. I said, But that's the song. That's the promise. I kept saying it's the promise. Wait a minute. She wrote the song? Yeah, good. Yeah, Jefferson's moving on up. I didn't know she wrote that. And I didn't, that's why I brought it to the show. One, to show her her respect and rest in peace.

CHAPTER 28 / 41 Discussion

Psychological Significance of Home Ownership in the American Dream

Home ownership is identified as one of the four pillars of success in the Black community, alongside education and entrepreneurship. This psychological drive stems from the historical link between land ownership and the right to vote in America. The hosts pay tribute to Ja'Net DuBois for capturing this sentiment in her music, which serves as a counter-narrative to the "redlining" policies discussed throughout the episode.

american dream· home ownership· founding fathers· red zones· black history month

1:15:47 But two, she didn't even know what the show was going to be about. And now, a reason why I brought this up and I find it interesting is she didn't know what the show was going to be about, but it's so common shared moving out of this oppressed area to something better. This is a shared notion, especially ownership. And then now when you ask, why would people take a subprime loan? Why would people take a, you know, something that they don't even understand? Because it's, it's one of a few, inside baseball time, it's one of few things that you can do as a black person and feel like you really made it.

1:16:29 One, graduate high school. Two, graduate college or any higher learning. Three, own your own business. And four is buying a home. That's where you really feel the American dream. Interesting that owning your own business is in that list. I'm not sure that owning your own business is a white thing in America as on the top four. Because it's independent. You feel like, oh, I'm independent. And the same thing with home ownership. I own it. It's mine. You know, this is my, you know, it goes back really psychologically. I think back to the founding fathers where you couldn't even vote unless you were a landowner.

1:17:11 Right. Subconsciously, it's, you know, so I wanted to share her story because she wrote the song from a place of, I'm going to, Mama, I'm going to take you out of this, oh, these red zones. Yeah. I'm going to take you out of these red zones. I'm going to move, you know, move you on up. And I would just like to share for her and her life, her song one more time. We finally got a piece of the pie.

1:18:03 Took a whole lot of trying up at hill. Here we are in the big piece. Get my hair at that. Long as we live, it's you and me, Danny. There ain't nothing wrong with that. We're ever moving on up to the east side. To a deal of the heart inside. We're moving on up to the side. We finally got a piece of the pie. A special tribute here on Mo Facts with Adam Curry for Black History Month Bonus Day.

1:18:44 Day. Jeanette Du Bois and moving on up. And I'm glad you did that, Mo. And glad you told me, I didn't even know this. I didn't know that she wrote the song. I didn't know that she passed away February 17th. Yep. Should be celebrated. And I think that's an appropriate celebration of her. We're going to take a quick little break here. As you know, we consider everybody who participates in this conversation. And you do participate. And you're going to see it in a minute with people sending in notes. You're producers. Producers are what is needed for any good production. This is not in a vacuum.

CHAPTER 29 / 41 Discussion

Value for Value Producer Credits and Donation Reads

The hosts thank their "producers" for supporting the show through the value-for-value model, which allows for an open dialogue free from advertiser influence. Significant donations are acknowledged from Vincent Breckley, Benjamin Herbstreit, and James Lawler, among others. The segment emphasizes that the show's survival depends on listeners returning value for the information they receive.

value for value· crowdfunding· paypal· cash app· producers· mofundme

1:19:24 Also, there's real work that goes into this, as is obvious. The question is, do you learn something from it? Does it have value to you? And all we're asking for. And remember, the reason why you're hearing this open dialogue is because there are no advertisers to satisfy who don't want controversy. There's no way for us to be canceled because there's nothing to cancel unless the producers want to cancel us. And that's why we asked you to return some of the value that you received in return. We love it when you put it into a monetary format that makes it real easy to count and makes it easy to keep the show going. And we want to thank, I think we can do the whole list today. We don't have a huge list.

1:20:05 They don't have a cutoff amount, but we'll just go down and we will make the top supporter who didn't hit the $200 threshold, which is a standard in the podcast industry for associate executive producer. But we want to thank Vincent Breckley for $100. And he is. Now, do I read this? Is this a private little note we got here? No, you can read it. Yeah. Vinny says he's Moe's lunch table buddy. What's the story about that? That's one of the guys that, you know, I used to podcast to before I had a podcast. He would be laying down some Mo facts during lunch. Yeah.

1:20:50 Nice. All right. So now do you still have lunch with Vinny or is that over now? Just listen to the podcast. Oh, no, it's both, but he has to hear it last now. He can just listen to the show. Well, thank you very much, Vinny. And you will be our associate executive producer for today's episode. Benjamin Herbstreit, $55.10. We know that as double nickels on the dime. Some valuable for invaluable content. Thank you. Storm Williams says, great show. Eat bugs. Listen to Mo and Curry and donate. $50. James Lawler.

1:21:27 Let's see. James came in with $49.99. Says, Mo, I finally listened to episode 21 where you essentially thank me for my special donation. I felt a kinship with you from episode one and am truly honored that you and Adam consider me the same and welcome me in his family. That meant so much to me. I'm not a rich man, at least not in money, and wish this Oki could give you more because the value you've given me is priceless. Can't thank you enough for having this conversation, opening my eyes to a whole new perspective. I truly believe that United, we are unstoppable. Thank you again for your courage and know that you and Adam have family in OKC and that we will welcome you in any time

1:22:06 and even entice you with our rabbit meat and goat milk or whatever. Oh man, he was doing good up until that. Very nice. Thank you very much. And I believe he's our top donator so far across the history of the show. Oh, okay, good. I'm glad you're keeping tabs on that. He is definitely up there. $48 from Patrick Astasiak. Keep the show going. It's important, he says, dropping the tea like a good millennial. Brad R. King, $33.33, a favorite number. The MLK show, holy crap, Moe, blowing my mind, but I believe it. Value for value, donating his love. Yeah, I love the

1:22:47 phrase that you taught me. It's like MLK was the Greta of his time. That really, that stops people in their tracks. They're like, what? What? William Cameron, $33.33. Jennifer Buchanan, who is the, she's the art director of No Agenda Animated Studios, 33.33. Outstanding product, she says. Thank you for your courage. Patrick Childers comes in from, or Childers, comes in from the UK with 20 pounds. Thank you. Michael Olson, $25. Thanks, Mo and Adam. Brilliant stuff. Brian Kaufman, 20.

1:23:24 Thank you, Brian. Julian Roberts, Robbins, $20. Just wanted to say the value I received from the show is worth much more than what I could currently donate monthly. I've learned so much from this show. Let me see if I can just expand this. So much from the show that I would have never heard anywhere else. Keep up the great work, guys. Julian Robbins, Aptos, California. Matthew Kay, $20. Matthew Kay also comes in with 10 British pounds. So we've probably combined those. Your show was outstanding. I cannot see it go unrewarded. All we want is value for value, man. Thank you. Episode 19, Block the Vote, was incredibly illuminating.

1:24:06 Yes, these are evergreen shows. They will be good in 20 years from now. So save them, publish them, put them on CDs, put them on thumb drives, keep copies. Kevin Roa, $10. Value for value, he says thank you. John Taylor, $10. Trimble Design and Development, $10. Keep up the great work. Lawrence Morse, $10 from Lawrence, a great podcast deserving of financial support. Please let the producers know if there's a way to set up recurring subscription payments. I think when you donate through PayPal, I'm not sure about the cash app, but through PayPal, I think it even says you can make this a monthly donation or a recurring donation, I think, or recurring payment is probably what they say.

1:24:53 But we will investigate and maybe set up some links as we grow in as we grow. Clinton, $9. Facts. Michael Kilgas, great Mo Facts with Adam Curry show. Elvis Rosenberg, $10 combined from another episode in the books, respect halfway through the show. Keep up the good work. So I guess he's doing it per episode. Thank you. It's a great way to look at it. James Chapco, $5. And rounding under list is Terry Keller with $4. All of you, thank you very much for supporting MoFax with Adam Curry. It means a lot to us. And certainly, I think, Mo, you know, you've

1:25:37 this is a lot of the credit goes to you. And you just personally, from a podcast and a podcast perspective, you really, you're kicking ass. You really, now you've compare what you're doing here to, you know, some of your earlier work. I mean, this is, it's tight, it's concise, it's well thought out, and it's honest, and it's really, really good. So I appreciate that. Yeah, I mean, I get my value just from sitting here with you, my friend. And everybody who would like to support this show, this episode, the ones coming up, please go to mofacts.com.

1:26:15 You can go directly to our donation page, mofundme.com, M-O-E-FundMe.com. And we will be thanking people on the next episode. And now, back to our Black History Month Bonus Day episode. So what we left off at was redlining. So I'm going to do a little history lesson on redlining. No, we always have to go back to understand the past and how it impacts the future. But first, I found a little funny bit by the root on redlining. Are you looking for a new neighborhood to live in? Then come on down to Redlining Realty.

CHAPTER 30 / 41 Discussion

Adam Ruins Everything on the History of the Suburbs

A segment from "Adam Ruins Everything" explains how the creation of the American suburbs was a result of racist federal policies. During the New Deal, the FHA created color-coded maps where green areas were deemed safe for loans and red areas (minority neighborhoods) were denied. This institutionalized redlining ensured that 98% of home loans between 1934 and 1968 went to white families, effectively subsidizing white wealth while excluding Black families.

adam ruins everything· fdr· new deal· fha· levittown· suburbs

1:26:56 Sanctioned by the U.S. government. There's depressed infrastructure. Underfunded schools. No white people. They're all in the suburbs. Heck, we'll even throw in free shoes. Now, doesn't that sound nice? Call Redlining Realty today, and we'll get you a house built on the most American foundation of all. Racism. Thanks, Root. Yeah, so you know the rootly out. But I found this show called Adam. Adam Ruins Everything on True TV. Yes, not you, Adam. No, I'm the other Adam. Yes. And he lays out the disturbing history of the suburbs.

1:27:43 It's not so white here. Look. Bad example. Ignore sweater dog people. A tote bag full of kale. You're killing me, lady. Okay, maybe this neighborhood is mostly too, completely too insufferably white. But that's just the way things are here. It doesn't mean we're racist. I'm sure you're not, Ron. But the fact that so many suburbs are mostly white is no accident. It's the result of decades of racist federal policy that affect us to this day. Look. Hooray, games. What the heck kind of game is this? It's Settlers of the Suburbs, Redlining Edition.

1:28:24 Cool. Lil Donovan, you be green. Ron, you're red. All right, red. Just like the name. Looks like I've got the advantage. No, you don't. don't. See, in the 1930s, as part of the New Deal, FDR created loan programs to help Americans finance their homes. But to decide who got those loans, the government created color-coded maps in which green neighborhoods were good and red neighborhoods were bad. This practice became known as redlining. Was this the creation of Fannie Mae and Freddie Mac as well? I'm not sure. All right. I think that may be. I think it may have been a little later with,

1:29:07 I want to say LBJ. I want to say that. Oh, yeah, okay. Well, I'll look at the state. I'll look it up. I'll look it up. But as you heard, these were government practices. Yes. And as you heard people say, oh, Democrats say FDR was one of our greatest presidents. How? You gave us what we found out to be public housing, which pushed in previous show. We talked about the no man in the house rule and public housing projects. And this is the other thing that we got out of the New Deal: redlining. So I'm not quite sure how that helped.

1:29:53 But it helped the white people. As we're going to hear in suburbs too. Because of these policies, if you lived in the green neighborhoods, it was super easy to get a home loan. All right, I can buy property. But for folks in the red areas, no loans were available. I can barely afford rent with this. There's no fair. The red areas are screwed. Yeah, they were. And do you know why some areas were designated as red? No, but I can guess. Those were the neighborhoods where African Americans and other minorities lived. And redlining systematically prevented them from getting home loans. Well, I know what I'll do. Just take my little guy and put him in the green neighborhood.

CHAPTER 31 / 41 Discussion

Forced Integration vs Separate but Equal Funding

The hosts discuss "white flight," where white homeowners fled neighborhoods as Black families moved in to avoid depreciating property values. Mo Facts expresses a preference for "separate but equal" funding over forced integration, arguing that the government should have allowed capital to flow into "red" areas to build up minority communities. They argue that federal laws often forced integration in ways that ultimately destabilized neighborhoods.

white flight· property value· integration· federal law· ben carson

1:30:37 Sorry, that's against the rules. Early suburb developers like William Levitt instituted explicitly racist policies. Levitown homes must not be used or occupied by any person other than members of the Caucasian race. And the federal government itself encouraged developers to discriminate. Developers, I want you to exclude non-whites. The result of these policies is that from 1934 through 1968, a whopping 98% of home loans were given to white families. Okay, this is not fair. I did not get to pick what color I was when I started. Yeah, no one does.

1:31:18 Yeah, so the justification, the way I understand it, and that was the what is now what is it? Ben Carson HUD, I guess. How's an urban music? Federal Housing Administration. The redlining was justified because if black people moved into the white people's neighborhoods, it would decrease the value of their homes. That's not racist at all. True. True. And so we're going to, it was a couple things that started to tie in to this episode. White flight, as we talked about on the previous episode.

1:32:01 White flight was driven out of if you move into my neighborhood, you make the property value go down. Yeah. So that's why they moved before they got stuck with the depreciating asset. Yep. Which would have put them basically what happened in the subprime lending scandal. You bought a house for more than it was worth after the fact. So we have white flight, and then we have another thing. The integration that we talked about with the color purple, not color purple, excuse me, raising in his son. Remember, that was the whole premise behind that. The family moving into the white neighborhood.

1:32:43 Now, I've always been against forced integration. So I'm all for separate but equal. Why couldn't we just allow the funds to flow into the quote-unquote red areas? That way you could upgrade your property, bring value, and then you could create your own communities. So you can see how this kind of was the justification for people wanting to move into white neighborhoods, but it was all forced by federal law. Yes. So I think we left off at two. So that's suburbs three. And this advantage compounded over time.

CHAPTER 32 / 41 Discussion

Compounding Wealth and the Rigged Game of Real Estate

The disparity in home ownership created a compounding wealth gap, as white families used home equity to fund businesses and college educations while Black families remained trapped in rental cycles. In cities like Austin, Texas, highways like I-35 served as physical "red lines" separating racial groups. The hosts note the irony of being called a "gentrifier" when moving back into historically redlined districts that are now seeing an influx of wealth.

wealth gap· college tuition· austin· gentrification· i-35

1:33:25 The families in the green or white neighborhoods were able to purchase homes and accrue wealth. The market went up. I could sell my house and buy a bigger one. Whereas the people in the red neighborhoods got none of those opportunities. I can't afford property. I'm behind on my electric bill. In the green neighborhoods, the influx of new wealth attracted new businesses. Whoa, we got an organic grocery. Which caused property values to go up, which meant white families could sell their homes and send their kids to college. They go up so fast. Passing down their wealth and advantages to future generations.

1:34:08 Meanwhile, the red neighborhoods had far less ability to build wealth, and many remained trapped in poverty. This game is rigged. Yeah, it was. That's why laws were eventually passed that made most of these discriminatory practices illegal. Great. Finally, I can move. I don't have enough money. Exactly. Without wealth, families in the red neighborhoods couldn't afford to move up, keeping these communities separated by race. Today, 70 years after Levittown was created, it's still less than 1% black. I may be dead, but the effect of my racism lives off. Yeah,

1:34:49 some local, and this may be, now that I think about it, this may be the same everywhere. The redlining was accentuated in Austin. We have I-35, and that was the line right there: Eastside, West Side. You're done. And I live on the East Side. I live in the Red Line district. But then when I'm moving on down, I'm called the gentrifier. Can't win. Can't win. You can't win. And that was very popular for them to use interstates. And I said before, Durham Freeway ran through Hayta. Yeah, and Durham, North Carolina, that destroyed that community.

CHAPTER 33 / 41 Discussion

Eugene Burnett and the Exclusion of Black Veterans from Levittown

Eugene Burnett, a Black World War II veteran, recounts being denied the opportunity to buy a home in Levittown despite the GI Bill's promises. Salesmen explicitly told him that the developers had not yet decided to sell to "Negroes." This exclusion prevented Black veterans from accessing the same low-interest credit and wealth-building opportunities that were granted to their white counterparts after the war.

eugene burnett· world war ii· gi bill· levittown· veterans

1:35:31 So Levitt, I think it was Levitt Town. Levitt Town. I have a couple, a black couple that were husband was a World War II vet. And I just want to give a little color to this story and human touch to the story of Redlining. We came to Levittown and we found the model house. And we walked in and we looked around. And, of course, in the eyes of a young man who was raised in the ghetto, so to speak, it was an interesting experience, interesting lifestyle.

1:36:12 Seeing all the new modern conveniences. Very fascinating. Eugene Burnett came home with almost a million other black GIs. They had fought for the country in segregated ranks. They returned hoping for equality and the American dream. For many, that dream was a new home for Little Money Down and some of the easiest credit terms in history. I went up to the salesman. We're interested in your home. We're interested in buying one. And what is the procedure? Is there an application to be filled out? So forth.

1:36:54 So he looked at me, looked around, and he said to me, He says, Listen, it's not me, but the owners of this development have not as yet decided to sell these homes to Negroes. It was as though it wasn't real. You can't imagine. But for someone to come out and actually tell you that they can't sell to you, you know, I was really on a, oh man, look at this house. Can you imagine having this? And then for them to tell me because of the color of my skin, I can't be a part of it. Yeah, this is a well-known story about Levittown.

1:37:40 World War II vet and Levittown. Levitt Town. Levittown was built with, I think, probably some money as well from the veteran, the VA. I mean, the whole idea of this place was for veterans to be able to come back from war, you know, get their families going and started life as people who serve the country deserve. And finally had their piece of the pie. I didn't know you're such a singer, Mo. That's the point. That's all we want is our piece of the pie. Now, does some of the

CHAPTER 34 / 41 Discussion

Historical Tensions Between Black and Jewish Communities in Housing

The hosts explore the historical roots of tension between Black and Jewish communities, noting that many Black migrants in Northern cities rented from Jewish landlords who had moved to the suburbs. Exploitative practices, such as "contract selling" where a single missed payment resulted in the loss of all equity, contributed to these frictions. They discuss how these groups often backfilled neighborhoods as one moved further into the suburban green zones.

great migration· detroit· new jersey· rent exploitation· equity

1:38:26 problems between black and Jewish stem from this? The Levitts were Jewish. Yes. And I'm wondering if this, if, well, I'm sure it didn't help any of the relations between these groups, but I wonder if it's part of the genesis. It went on then, and it goes on now even today. You've seen the stories in New Jersey. What happens is when the Great Migration, so when blacks first moved north into these slums,

1:39:06 they were previously occupied by other ethnic groups, non-white. I mean, because that was before everybody was lumped into white. So you had these other usually immigrant groups that the blacks would rent from. Okay. Do you remember, just out of curiosity, who would that be? What other immigrant groups would that be? Jewish. Mostly Jewish. Mostly Jewish, especially in Detroit and places like that. So they will move up and then we will backfill their community that they left behind. Got it. But they would exploit, and we talked about this on a previous show.

1:39:43 They would exploit through the way they rent it. And even they would say, okay, I'm going to sell you the house, but if you miss one payment, you lose all your equity. Right. Things of this nature. So yes, this did contribute to the tension between those two groups. So, but yeah, I mean, just so I just want to let this couple finish up with their story. The FHA underwriters warned that the presence of even one or two non-white families could undermine real estate values in the new suburbs.

1:40:27 These government guidelines were widely adopted by private industry. Race had long played a role in local real estate practices. Starting in the 1930s, government officials institutionalized a national appraisal system where race was as much a factor in real estate assessment as the condition of the property. Using this scheme, federal investigators evaluated 239 cities across the country for financial risk.

CHAPTER 35 / 41 Discussion

Michael Bloomberg as the Architect of Institutional Racism

Michael Bloomberg is characterized as the "OG" of institutional racism due to his deep ties to Wall Street and his defense of redlining. The hosts argue that while Trump's rhetoric is often criticized, Bloomberg's policies were sanctioned by the government and financial institutions to manage "risk" at the expense of minority communities. They conclude that the combination of redlining and stop and frisk created a comprehensive system of containment and control.

wall street· institutional racism· fha· appraisal system· financial risk

1:41:05 So that those communities that were all white, suburban, and far away from minority areas, they received the highest rating, and that was the color green. Those communities that were all minority or in the process of changing, they got the lowest rating and the color red. They were redlined. As a consequence, most of the mortgages went to suburbanizing America, and it suburbanized it racially. So this is what contributed to the racial wealth gap. And as you I want to point something out here,

1:41:51 when you think about images of racist, white supremacist, it's usually some country guy, poor guy in Alabama, West Virginia, you know, Mississippi. But this is the real white supremacy. When we talk about white supremacist, this is what I'm talking about. This is the FHA said, hey, if you get two black people in your neighborhood now, your property value is going to plummet. In fact, I'll take it one step further. Yes, this was the U.S. government, but it really was kowtowing to Wall Street. That's really what it was about. Oh, wait a minute. Wait a minute. Who do we know that works on Wall Street?

1:42:37 Oh, maybe that Bloomberg. Uh-huh. And that's why redlining, oh, redlining, you know, would have protected us from some problem lending if I just had my way. But Bloomberg is actually so racist, he's like 1945 racist. Yes. He's institutional racism. He's the OG. That's good. Trump is just a wannabe compared to this. So just think about it. Now we're starting to see these two things and where they converge at. You have redlining, which keeps them in.

1:43:19 inside their zones. And then you send in the stopping frisk to police them in their zones. This is all institutional, right? This is when we say institutional racism. This is what we're doing. This is it. Yeah. Completely. Completely. This is all sanctioned by the government. And it's pretty damn recent, as if it's never gone away. Well, some people tell you that redlining did go away, but they're still modern-day redlining. It's been 10 years since the economic recession, and credit has slowly returned for most Americans.

CHAPTER 36 / 41 Discussion

Modern Day Redlining and the White Adjacent Strategy

A year-long investigation by Reveal shows that Black and Latino homebuyers still face higher loan denial rates in many American cities. One case study in Philadelphia involved a Black computer programmer who was denied a loan until she added a "white adjacent" (half-white) girlfriend to the application. Despite the girlfriend having a lower income and unstable work history, her presence on the application facilitated the loan's approval.

philadelphia· mortgage· white adjacent· credit score· santander bank

1:44:01 By 2016, the number of conventional mortgages had risen 95% since the housing bust. And yet, some Americans are still being left behind. The gap between white and black ownership is wider now than it was in 1960. Tonight, the first of a two-part series, results of a year-long investigation from Reveal, a program produced by the Center for Investigative Reporting, as reveals Aaron Glance reports, black and Latino home buyers in some cities seem to have a harder time getting a home mortgage. Hey there. Hi there. Brooklyn native Rochelle Faroo moved to Philadelphia in 2015, hoping to buy a home here.

1:44:43 I was like, I'm going to try this thing. You know, I've got a lot of gumption. She made a good income as a computer programmer and had enough for a down payment. Her potential lender, Philadelphia Mortgage Advisors, was encouraging at first, but the lender worried her income could be unstable since she was a contractor. So Farooll suggested her mother co-sign. Because my mom is a retired school teacher specifically. She worked in New York City for 35 years. Her pension is great. But Farooll was told that wasn't enough to offset her mother's student loan debt from a PhD. I got shot down left and right. She wanted to apply for this loan. She was a contract worker, but made very good income.

1:45:24 And then she had her mom co-sign for it, which had a great pension, but it still wasn't enough. So it makes you wonder: is this racially motivated? Well, let's find out in clip two. After Rochelle Farooll began to wonder if race factored in her loan denial, she decided to use a new strategy. In order to be considered a good applicant, I needed to have a white person or someone who's white adjacent vouch for me. This time, she asked her girlfriend, Hanukkah Franz, who is half white and half Japanese, to apply with her. Franz was working part-time at a grocery store. One of her most recent bi-weekly paychecks was $162.

1:46:05 And at the time, your financial situation was unstable. Oh, yeah. It was terrible. Oh, my God. It was so bad. It was terrible. I was borrowing money for my sister. Rochelle paid my health insurance at one point because I didn't have enough money to pay it. But for Santander Bank, the final lender Faroo tried, none of that seemed to matter. Franz had a good credit score. And once she came on board, it all went smoothly, even though Franz couldn't provide proof of a stable work history. They were like, we need two years. And I was just like, I can't give that to you. And they're like, all right, we'll move forward. Yeah. Okay. All right. Hold on. So does she have on record they actually said you need to have a white person? That that was a written requirement? No, what she did was experiment.

CHAPTER 37 / 41 Discussion

Credit Karma and the Algorithmic Slave Control Mechanism

The hosts describe credit scoring apps like Credit Karma as "slave control mechanisms" that grant banks total surveillance over a user's financial behavior. They argue that modern algorithms are "super racist" and are used to determine everything from loan eligibility to criminal sentencing. This technological shift represents a more sophisticated version of the racial data points used in the original redlining maps.

credit karma· data points· algorithms· surveillance· financial technology

1:46:50 Ah, but she said, let me use a white or white adjacent person. Right. Which looks like it's all it takes to be a half white person. Well, there was something kiss you in the door. There was something else in there, and I'll just take that and run with it to modern-day slavery, not necessarily color-related. Okay. She had a good credit score. This has been one of my pet peeves. Yes. And you know that Credit Karma was just purchased for $7 billion. Why is it important? Because it is a slave control mechanism. It's not even the official credit score as handed out by the two official credit agencies.

1:47:33 It's a credit score by the bank or a couple of banks. And there's some consortiums. It kind of made up. But what they really want is they want to have access to your bank account, which you give them when you sign up for these apps. You actually give them your password, your username, your login. So they can do whatever they want, see whatever you do. And then even under the guise of, we're going to help you, they control you. Okay, so, well, if you pay your utilities bill at the first of the month, your credit score is going to go up. It is total slave control. And as a running theme on this show, they always start with us.

1:48:14 us. Well, hey, thanks, Mo. Thanks. You know, I had to marry a white woman to get enough credit to buy a house. Damn it, it's all your fault. And it only attacks half a white woman because her girlfriend was half white and half it's like, hey, all you got to do is be half, half white. And it's, I want to talk about this little top, uh, this little term, white adjacent. Yeah, because that was, have you heard this term before? No, no, I don't think so. Okay, white adjacent is a person who is technically a minority but has access to, utilize, and sometimes benefit from white privilege. You mean like Drake? So or Oprah or Gail. Oh, okay.

1:48:59 Yeah, that's a better example. I got you. Yes. As long as you hit in the proximity, but now we see this still goes on today. I mean, it hasn't stopped. No. And it's like you said, it's all about data points. And I mean, the only data points they had back in the day was your color of your skin. Like, oh, well, they come from that red zone and they got black skin. So that's a no. That's a hard no. It's so interesting. And this is a good lesson and it's really important. This show is so important beyond the racial connotation because this was when data wasn't really available. This is when all this started. The data was, you live in this area. This is the color of your skin. There wasn't much else data or much other data.

1:49:42 Now there's all of this data. And believe me, these algos are super racist, super racist. And they're determining how much sentencing you get in the criminal justice system, how much you can borrow for your house, and oftentimes if you're appropriate for a certain job. And it's baked in. It is systemic racism. And I'll say racism, not white supremacy, built into today's technology. Well, like you said, this comes from the bankers. And who are the bankers? Who are the bankers? Well, I can answer that many ways.

CHAPTER 38 / 41 Discussion

Lori Daniel Favors and the Logic of Voting for Bloomberg

Attorney Lori Daniel Favors delivers a passionate rant against Michael Bloomberg's record on stop and frisk, gentrification, and education in New York City. However, she concludes by stating she would still vote for him if he were the Democratic nominee to defeat Trump. The hosts highlight this as the ultimate example of the "system" forcing people to vote against their own interests and the records of the candidates.

lori daniel favors· karen hunter· gentrification· education· cognitive dissonance

1:50:25 The Illuminati, the whites. I mean, like I said, we use this. Yes, we use various terms, the elite, the true white supremacy, as our friend would say. Uh-huh. So, I mean, it comes from the top down. Yes. And that's why I said it's fascinating that we're starting to see billionaires, you know, run for president and all this truth is starting to be unveiled. But with that said, no matter how much truth people see, it doesn't matter to them. So we're going back to the Karen Hunter show, and she had a guest on Laurie Daniel Favors.

1:51:03 And Lori Daniel Favors is an intern for the executive director and general counsel at the law, the Center for Social Justice, activist attorney. And she's on the Karen, she's a contributor to the Karen Hunter show. So she's going to, this is pretty almost a two-minute rant, but I just want to let her run. I didn't want to clip it. I want to let her run because no matter how many data points people see that these two people are like, listen to this cognitive dissonance that she displays. Bloomberg is responsible not just for stopping Frisk, furthering it, systematizing it, glorifying it, defending it up until last year when he decided he was going to run, but he was surrounded by intellectuals, black activists, activists of color across the entire spectrum who outlined for him the problems.

1:51:52 New York City Lawyers Association, Nightclue, the data, the statistics. He had facts. He had information. And he was committed to a racist policy that jailed black people, arrested black people, stopping Frisk Black. I had 32 students, Bushmick 32, 32 students who were on their way to a funeral, had permission from their principals, had letters from their parents, accosted by the cops, held for 36 hours, had to go to trial, had to get in. My husband is beat up in court by court officers at their defense trial because the way in which police and court officers were militarized against black and brown communities. And you expect us to just eat that he's got money, so he's going to be the best candidate.

1:52:34 Gentrification. Bedford-Stuyvesant, Crown Heights, East New York, Flatbush, Harlem, the Bronx, black people driven out of this city under policies that favored wealthy white people and developers. We cannot even sustain our communities right now. Education. He undermined the ability for us to have culturally competent education. You want me to say, because he can beat Trump, so Trump gonna, he's gonna do what he do. Bloomberg gonna do what he doing. Yeah, he might win, but guess what? All y'all getting arrested. All y'all getting stopped in Britain. He implements the same policies across the country that he furthered and supported in the state of New York. Give me a break. We can do better than. this. And I'm sorry, I got to agree with Megan McCain, but now I'm upset. I'm sorry. I didn't mean to add that with if he's the nominee.

1:53:16 Are you going to vote for him? I don't think he should be the nominee. If he's the nominee, because that's a strong possibility. If he's the nominee, knowing and having said everything that I just said, because I'm aware about how the politics and the system in this country works. Yes, I will have to vote for him. What? What? After that rant, there you have it. Oh, my goodness. But I just want to understand the. I just want to understand the justification. Make sure I understand this. So just go back to that one question. He's the nominee. Are you going to vote for him? I don't think he should be the nominee.

1:53:54 If he's the nominee, because that's a strong possibility. If he's the nominee, knowing and having said everything that I just said, because I'm aware about how the politics and the system in this country works. Yes, I will have to vote for him. Wait a minute. I don't understand. She just railed about the system and the politics, and she says, knowing how the system and the politics in this country work, she has to vote for him. You explain it to me because I don't understand it. But this is what we get. Now, does everybody see these why these people cannot be trusted? This is the reason for value for value.

CHAPTER 39 / 41 Discussion

The Need for Independent Media and Cleaning House

The hosts call for a "cleaning of the house" within Black leadership and media, criticizing those who prioritize political alignment over historical facts. They emphasize that independent podcasting is the only venue where the "Bloomberg tapes" and these nuanced discussions can occur. Mo Facts argues that the community must address both the "top 10" leadership and the "bottom 10" criminal element to truly move forward.

independent media· podcasting· black media· community policing· leadership

1:54:32 This is why you need to have the independent media. You wouldn't have the Bloomberg tape dug up without a podcaster. You won't have this conversation we're having without podcasting in the independent media. And one of those parts of that independent media is what is called the new black media because they're holding people like this the task that you get up here and give a one minute and 58 second rant of everything wrong with Michael Bloomberg and you put him against another so-called racist and you will make a choice instead of saying you know what I abstain well so there's a there's a number of things one uh

1:55:20 this should this show not just this episode but this is a good one uh should be played in uh schools across america uh children should have to listen to the show uh of course your school won't do that uh so give it to your kids and if you're really offended by some of the naughty words we use you can always take them out uh it is especially beautiful to learn this during and of course i've learned more than most people casually dropping in on the podcast uh but during uh black history month the bonus day no less um black people of america you got some problem with the black people of america too

1:56:01 we got a clean house yes we have the clean we we have the clean house a lot people gotta go it's rampant it's the top it's the top 10 and the bottom 10 and this is what i'm saying the top 10 the top 10 they idly sit by and they only do what they're told by their pay you know who who controled them we got to understand what bule is again that's the that's the uh advisors to the king so even her she laid out everything but you know what i'm still gonna vote for the exact same thing i say is the problem

1:56:38 how does that work that that was the baffling part to me i loved her rant her rant was fantastic except for the last minute she just blew it all up it's like what are you but because trump is gonna continue that and you're gonna vote for the guy who actually was doing it and these people don't bring us any solutions they're the top 10 that's supposed to be the so-called leaders and then they allow us to be terrorized by the bottom 10 in our communities because you damned if you do you damned if you don't right it's like if i want policing in my community i can't get quality policing except that's why i think we should police ourselves i mean that's a whole nother show for another whole nother day but mo

1:57:18 explain that the bottom 10 the bottom 10 is the you know where the crime comes from right the people that hold you know saying i mean it's not that's the point you have a large quiet group of people in the middle that are scared to call out the top and they're scared to address the bottom right so they stay silent and i won't stay silent yes you can do two things at once we can call out the top while saying tell the bottom this is not acceptable behavior i understand the source of it i understand the communities were pumped full of drugs and guns and uh you uh uh suppressed and not allowed to have funding and lending and everything else that all the other americans are privileged of but that but that is no

1:58:06 reason to terrorize your own people and your own community. No, you could do you could chew and walk gum at the same time. I mean, come on. Yeah. Wow. But not to end on that low note. You know, I always like to end on a high note just because I mean, just for their psyche. One of the biggest scandals that were overlooked in this whole Trump and Bloomberg fiasco was covered by Mr. Jackson, which is a YouTuber. He only has 200 subscribers. So that goes to show you how I dig to find these clips.

CHAPTER 40 / 41 Discussion

Liftgate and Michael Bloomberg Height Deception Allegations

A YouTube creator named Mr. Jackson alleges that Michael Bloomberg uses significant shoe lifts and boxes to hide his height during speeches and debates. Video analysis purports to show Bloomberg walking awkwardly on "stilts" and MSNBC allegedly using camera tricks to obscure his footwear. The hosts find humor in the "Liftgate" scandal, noting that Trump successfully identified a major personal insecurity for Bloomberg.

liftgate· shoe lifts· msnbc· street fighter· dhalsim· political optics

1:58:49 Since being dubbed Minnie Mike, Bloomberg has been trying to hide his height from the voters. However, thanks to video evidence, it will be impossible for Bloomberg to lay low except on a measuring tape. Here we see Minnie Mike standing on a box while giving a speech. So we know it's not beyond him to pull all sorts of tricks. Little Mike's favorite trick is to use a pair of lifts inside of his shoes. And he might have got away with it with the help of MSNBC. Here we see MSNBC put a box in front of the evidence. So we don't know what he's really wearing. Luckily, I was able to find this photo on the internet, which clearly shows the shoes he was wearing the night of the disaster in the desert.

1:59:30 The Democratic debates. Notice anything funny about these shoes? I do. Look at those lifts there on the side, pressing out on the shoe. We can see he's got at least four or five inches of lift in there. Though the cameras used tricks to hide his lifts from viewers, there was no way of escaping the fact that at some point Bloomberg would have to walk in those shoes. I can't believe I missed this. Well, you are kind of on top of it because you caught where they had lowered the lecterns. Yeah, I saw that, but I didn't know he had lifts in his shoes. He had a double boost.

2:00:11 Oh, my goodness. So it's lift gate. It's total lift gate. Oh, man. I'm looking for a picture now. Now I want to see it. I will post the video of this. Yeah, Mr. Jackson's video. Yeah, Mr. Jackson's video. I definitely want to see that. Definitely. I want to put it in the show notes. That's too good, man. All right. Well, let's let Mr. Jackson finish up then. Let's take a look at how Mayor Bloomberg walks. First, in regular time, I'll see if you can catch what's so strange about this walk. Huh. Interesting. Now, let's take a look at it in slow motion.

2:00:56 And I want you to take a very close look at his knee. More specifically, where the knee bends. Wow. Look how long that leg is. Amazing, isn't it? Let's take a look again. Very, very big shins you have there, Mayor Mike. Perhaps Minnie Mike has the world's largest shins, but more likely, he's wearing a pair of lifts. The only person I know with a set of shins that long is Dalsum. Yoga Fire. Dalsum from Street Fighter? Yeah. The only video game I would recognize in the entire world is Dalsum.

2:01:39 We love Dalsum. Oh, my. So he's basically on stilts, is what we're saying here. It's not just us, it's stilts. Oh, my goodness. Oh, that's the best, Mo. Yeah, we'll put Mr. Jackson's video in the show notes. That is too funny. Well, that goes to show that Trump in this back and forth billionaire SmackDown, he definitely has pinpointed Bloomberg's real sensitive spot. If you're going to that length, he's so frustrated over it. That's pretty incredible. That is amazing. Oh, man. Mo, thank you.

CHAPTER 41 / 41 Discussion

Episode Wrap Up and Mr. Big Stuff Outro

Adam Curry and Mo Facts conclude the episode by reiterating the call for value-for-value support via mofundme.com. They remind listeners to "pay attention to everything" so the truth can reveal itself. The show closes with the song "Mr. Big Stuff" by Jean Knight, serving as a final jab at the "billionaire smackdown" between Trump and Bloomberg.

mofundme· jean knight· mr big stuff· value for value· sign-off

2:02:22 That made my day. Let's remember this show was about redlining and other racial practices, but I love this. That was good, man. Thank you. Good laugh. Good laugh for a Saturday. Yeah, just to take us out of here. So there you have it. They're going to look at two people that have similar views and through two different lenses. Yes. Well, Mo, thank you very much for bringing all of this to the show once again. And I will remind everybody that this work should be compensated in the value that. that you as an individual get out of it. So, whatever that value is to you, please send that to us in a monetary form.

2:03:06 Go to MoFacts.com or directly to our donation page at mofundme.com, M-O-E-FundMe.com. And as I always say, pay attention to everything, and the truth will reveal itself. That is the truth. And this is the song for Minnie Mike, I guess. We'll talk to you. Talk to you next week, Moe. I taught you that how to read. The big stuff. Who do you think you are? Mr. Big Stuff. You're never gonna get my love now because you wear all those fancy clothes. Oh, yeah. And have a big fine pong. Oh, yes, you do now.

2:03:49 Do you think I can afford to give you my love? Oh, make you higher than every star above. Make the big stuff. Who do you think you are? Mr. Big Star. You're never gonna get my love. Now I know all the girls I've seen you with. I know you broke them once for half a dozen out bit by bit. You made them cry. Many poor girls cry when they try to keep you happy. They're just trying to keep you satisfied. The big stuff.

2:04:32 Tell me, tell me. Who do you think you are? Mr. Stuff. You're never gonna get my love. I'd rather give my love to a poor guy that had the love that she fooled out and get hurt by you. Cause when I give my love, I want love in return. I hope this is a lesson just to make those you haven't learned.

2:05:12 The big stuff, tell me. Who do you think you are? Miss Cuffy stuff. You're never gonna get my love. This stuff is done. You're never gonna break my heart. Mr. Big stuff. You're never gonna make me cry. Mr. Big Stuff. Tell me. Just who do you think you are? Mr. Big Stuff. You're never gonna get my love. Mr. Facebook. You're never gonna break my heart. Mr. Facebook. You're never gonna make me cry. Mr. Facebook. Tell me, tell me.

2:05:55 Just who do you think you are? Mr. Big Stuff. You're never gonna get my love.