0:00
But let's go down through here.
0:02
Here's where most people are exiting the states.
0:04
And I did AI with this, and I didn't create these charts.
0:08
And I ran several models, and I'm like, OK, give me the final model.
0:11
This is telling us, basically, this schema right through here is people are outflowing
0:15
from California, these other states, Rhode Island, New York, Massachusetts, and the Northwest.
0:22
And they're all going down to Texas, North Carolina, and so forth.
0:25
OK, why affordability?
0:27
OK, but let's go down through here.
0:29
What states? What states?
0:31
And this is where I kind of scratch my head.
0:34
Regulations. Regulations are the one thing that all these parties came together in
0:38
unison, and they're like, OK, now it's regulations.
0:41
And then we, let's not forget taxes.
0:43
OK, so let's go through.
0:45
What states are the hardest in regulations?
0:51
Don't fact, please fact check me.
0:52
I'm not coming out here to pump FOMO.
0:54
I'm here to give you the truth.
0:56
OK, so do your due diligence.
0:59
The hardest, California, New York, Massachusetts, Connecticut, Rhode Island, stop in there.
1:06
All I ask the system to do is find me the states with the hardest regulations.
1:11
And it took about 15 minutes.
1:13
Do it. Run it for yourself.
1:14
Any any analytics you want.
1:16
If you get anything different, let me know.
1:18
I'd be more than happy to correct anything I have, but I ran these through three monols.
1:22
So here's what we have.
1:24
Who are they affected by?
1:25
Or who controls them?
1:26
Well, the government is controlled.
1:29
Well, the Democrats try effective.
1:30
They control all the pieces of the puzzle in California, same in New York, same thing in
1:36
Massachusetts, same thing in Connecticut, same thing in Rhode Island, and I think the
1:40
same thing in South Carolina.
1:42
So you sit there and you scratch your head saying, OK, well, I'm sorry, I, South Carolina,
1:49
I went down too far.
1:50
You sit there and scratch your head saying, OK, well, you just voted this thing, but you
1:54
have the hardest rate.
1:55
Why don't you just go to your state and change your state regulations?
2:00
And then you move over and say, OK, where are the taxes in these areas?
2:05
OK, so you have 0.69.
2:06
Let's say one is, one is the norm through here.
2:09
So let's go through one, one, one, you got more ones down here.
2:13
So maybe a little higher taxes, you got nine, so probably on average the same.
2:17
OK, so not really going to hit anything there.
2:19
So property tax comparisons, you got about the same thing and everything else.
2:23
And I did one other analysis and I did this and this is kind of what really pisses me off.
2:29
I know Chicago Heights.
2:32
This is an area that really can't afford higher real estate taxes.
2:36
These are the highest property taxes, zip codes in the entire country.
2:41
I just ran it, run these numbers, don't care which political while you're on or which
2:47
You can comment whatever you want down below.
2:49
It is Kishina, Wisconsin, I don't know that area.
2:55
I thought it was a Kenosha at first.
2:57
So my apologies, the highest, the highest real estate taxes in the country, Chicago Heights.
3:05
They can't afford it.
3:07
That's probably one of the least zip codes areas in all of Illinois that could afford it.
3:13
I'm just being honest.
3:15
If you go down through here in New Jersey, I don't know Woodland, New Jersey.
3:19
Let me know if you guys know down below, sorry, I'm not getting the chat yet.
3:24
Same thing with this New Jersey, high Nella, New Jersey, and Albion, New York, OK?
3:30
These are the highest tax, the highest tax zip codes in the country.
3:34
So you're saying, OK, all these are in states too, that have the highest regulations.
3:40
OK, so let's get to the next thing.
3:42
Let's now look at affordability.
3:44
I hopefully you can understand, maybe it's not housing prices.
3:48
Maybe it's not interest rates.
3:50
Maybe it's the other things behind it.
3:52
So let's get over to the other pieces of the puzzle.
3:54
And I know the politicians, believe it or not, here's a guy who used to be a Bernie fan.
4:01
He had me drink in the Kool-Aid.
4:02
And then as you get older and older and older, and you see him after 10, 15, 20, 25, 30 years,
4:14
spewing the same stuff you're like, dude, and now he changed from millionaire to billionaire,
4:18
and you're like, why won't 2019 he make a couple of million dollars on his book deal?
4:22
And you're like, OK, you're, what, you get what I'm going?
4:25
And I'm sorry about that.
4:27
I'm just being honest.
4:28
But let's get over to the, here's the unemployment rate.
4:32
Or here's the, here's what the job force looks like.
4:35
OK, so, and I know people are struggling.
4:37
It's a huge K-shaped economy, and I see it.
4:39
And that's why I do my channel.
4:41
Hopefully you can understand this stuff.
4:43
We're actually working on a program where you can actually tap in in the, in the first
4:48
If you want to watch all the stuff I watch each day, and actually load it up on your screen
4:52
and watch it, have tickers going and see exactly what I watch each day, and kind of put everything
4:57
I'm not trying to talk you into what to do.
4:59
I'm just trying to educate you.
5:00
Where do you get the tools?
5:01
And please fact check what you're doing, OK?
5:04
So here's how many people with this is saying a number of unemployed persons per job openings
5:09
seasonally adjusted.
5:10
So if you look at it right now, and we're, I mean, how much worse can it get right now?
5:16
We have tariff stuff that's illegal.
5:17
We have, you remember the government shut down, the government shut down right now.
5:23
Hope you're not flying, because I mean, that's a mess.
5:26
It was kind of cool this morning.
5:27
There was an Obama-appointed secretary of defense or whatever they call it now.
5:32
He came in and said, and it was the coolest thing.
5:33
I'm like, I know where he's going to go with it, but I watch, I got channels going on
5:38
I'm like, OK, what's he got to say?
5:40
He's like, this has nothing to do.
5:42
You cannot stop the paychecks of our people out there.
5:47
These are, this is basically Homeland Security.
5:50
It's securing that a bomb doesn't get on your, on your flight.
5:53
Don't you want that right now?
5:56
So those are things we really did.
5:58
But so he's like, it shouldn't be political at all.
6:01
This is just be, it's Homeland Security.
6:04
OK, we'll fight the fight in another time.
6:06
I'd be on in the side of the fence.
6:08
Whoever shut this down right now.
6:09
I'd be like, OK, we can't have this right now, especially right now.
6:13
OK, so you don't know what's out there.
6:14
But let's get to the story about my rant.
6:16
Let me get to any comments out there.
6:17
Let me see if you guys can hear me.
6:19
And if anybody, hey, Joel, what's up, buddy?
6:23
What rate can you get?
6:25
I'm not going to get to reach just yet, folks.
6:26
I want to get to the rest of the content I have.
6:29
OK, so here's what we have.
6:30
The unemployment, how many people are working right now right through here?
6:33
OK, so how bad is this?
6:35
If you look at it, time, it's not so bad.
6:38
I mean, it was much worse back here.
6:40
OK, so it's a pretty good jobs number.
6:44
Now, here's where the, here's where a real head scratcher comes.
6:49
Disposable income, how much, this is how much people have in their bank account
6:54
after they pay all their bills every month.
6:56
So let me, it's hard for me to get my head out of the equation.
6:59
But here's where that is.
7:00
And I have this on a 10 year time frame.
7:05
And see how that grows over time, kind of cool, huh?
7:07
This is how people save money.
7:09
But then you might be thinking, what the hell happened there?
7:14
OK, so let me explain to you newbies out here.
7:17
When COVID hit, I was like, and you can, you can see me on, I go on shows.
7:21
I actually, people kicked me off their YouTube channels and actually erased my videos.
7:26
Like, here's what you're going to have.
7:28
You have all this stimulus coming out.
7:29
Hey, it's helping me because during that time, everybody and their mother
7:32
was buying, buying homes.
7:33
But like, you know, we're sending way too much money out there.
7:36
And I've done this at that time for 25 years in the mortgage business.
7:39
I'm like, man, when you have rates and you have teas or things like that,
7:42
really pumping the, pumping this stuff, it's going to be bad.
7:47
And I said, you know what, here's what we're going to have.
7:49
You're going to have huge inflation coming.
7:50
So here's what happened during this time frame, just so you guys
7:52
understand and know the truth behind all this.
7:55
During this time, if you had a student loan, you didn't have to pay it.
7:58
So let me know if you had a student loan down below.
8:00
In fact, let's fact check me.
8:02
And then also if you had a loan with Fannie Mae or Freddie Mac,
8:06
a mortgage with them, and most probably 90% of people had,
8:10
you didn't have to make a mortgage payment for like 18 months,
8:13
almost two years, no mortgage payment.
8:16
You're getting, you know, a lot of people didn't miss work.
8:19
And if you did, you know, my apologies.
8:21
But this is telling us, this is fact.
8:23
This is from the Federal Reserve.
8:25
This is how people, how much money people have in their pockets.
8:28
So this is people just gobbling up that money.
8:30
They were getting their paychecks plus the stimulus money,
8:33
plus this, plus they didn't have to pay any bills.
8:36
Think of it, if you didn't have a mortgage payment
8:38
or a student loan payment, if I didn't, I have no bills.
8:43
But if I kept making the same amount of money,
8:46
It's all my disposable income with skyrocket.
8:48
People started buying everything, homes, cars.
8:52
If you, if EVs, the FAD, they buy the EV and this and that.
8:55
They were just pissing away money and then they blew it all.
8:59
Well, the unfortunate thing about all that time
9:01
is I'm like, this is inflationary
9:03
because what happened is you're chasing
9:05
all this money's chasing fewer goods
9:07
because we even have a shutdown during that time.
9:10
So prices went way up and that's what happened.
9:14
So now people are thinking, okay, inflation's still okay.
9:16
Mr. Trump came in and he said inflation, he's gonna stop this.
9:19
Well, I'm not defending anything.
9:21
I'm just saying the acceleration of prices going up is in inflation.
9:26
Okay, so if inflation was up 9% one year,
9:29
and the next year was up two, I mean,
9:31
it gave back the nine and then just went up two.
9:33
It went, now it's up nine plus two on top of that would be,
9:38
I'm not saying, yeah, it's 9, 11,
9:40
but it's 11 points something because of the factors.
9:44
So it's, prices aren't gonna go down the accelerations
9:47
just gonna stop and that's what's happening.
9:49
So you had all this excess money into this platform
9:52
and that's what caused what you're seeing today.
9:55
So this is all the background of all this stuff.
9:59
So now what you're saying is this new thing
10:03
that they created, is it gonna work?
10:08
And the biggest reason is you might not even understand this
10:11
when it comes down to it, who makes the rules
10:14
in a lot of these things?
10:15
I think I had it down through here.
10:17
It's your local governments.
10:20
It could be your county.
10:21
It could be your city, county, state, you know,
10:25
I'll just give you my example.
10:27
I was on the planning committee in my city
10:30
that I worked at, and this was years ago.
10:31
It's not the current administration.
10:33
He's actually a friend of mine.
10:34
I'm trying to get him on here for the midterms
10:35
just so we can chat about it.
10:38
But I was on that committee and there was time after time
10:41
you'd have builders come in wanting to build shopping malls
10:43
and I mean, not shopping malls,
10:44
but huge centers and stuff.
10:47
And the committee would sit there
10:49
and they would be more worried about
10:52
what kind of bushes they're putting in.
10:53
And then at what time are they gonna put in like,
10:56
you know, the sidewalks?
10:57
I'm like, these guys are gonna spend a couple hundred million
10:59
if not a billion dollars on this project.
11:01
You really give a shit about what kind of bushes
11:03
they're gonna have at this time.
11:06
But that should be kind of way down the food chain.
11:08
So that happened over and over and over
11:10
and I'm sitting here thinking,
11:11
what in the world's going on?
11:12
Then I had even people from these big companies come to me.
11:15
They knew who I was and what kind of business I was in
11:17
because many times I'd stand up.
11:19
And I'm like, this is crazy.
11:21
And they were like, Dan, we know it.
11:23
And they're like, it's easier for us to build in New York
11:26
than it is in your town.
11:28
And I'm like, I get it.
11:29
And you just, you can't fight City Hall.
11:32
So the only thing you can do is make sure
11:34
when that election time comes,
11:36
you know what you're talking about.
11:37
So let's get to any questions out there.
11:38
If you have a jolt, if I put you to sleep, let me know.
11:42
Any other questions out there?
11:43
What rate can I get?
11:44
I can't do the rates today.
11:46
My man, Dan, a Bernie fan, yeah.
11:50
He used to be a Bernie fan, believe it or not.
11:52
Megan Dan, the Bernie fan, my favorite nursery rhyme.
11:58
Honestly, that's what I used to do.
12:00
So now let's get over to where I think things are going to go
12:02
and the wise behind it.
12:04
So like I said, I've done this a long time.
12:09
You're going to see, let's put this in.
12:12
Let's be blunt and truthful.
12:14
You think Trump's going to want to go down
12:16
as a person that had high inflation
12:20
due to oil and gasoline, that would be a slap.
12:25
He's going to do everything, everything in his power
12:28
to make that, make that resolution.
12:31
So I think this is going to be resolved.
12:33
Maybe it's well overdue.
12:34
I've been hearing, I've been, I was,
12:36
there's some articles of how things were in 1975.
12:38
I was alive in 1975.
12:40
I remember being in line with my mom to get gas
12:43
in our car overeated because there were like 30, 40 cars
12:46
deep because you can only buy a couple gallons of gas
12:48
because of the embargoes.
12:50
But this time, it is different, but it's not different.
12:54
But I'm still for, let's fund the government right now
12:57
so we can all be safe out there.