Why socialism appeals to young Americans and why it always fails

0:00We are Faith and Fury. Love and Fight. This is the Human Equation, where every voice counts and every true cuts deep. With your host, Joseph Pangaro. Good evening everybody and welcome aboard the Human Equation. I'm your host, Joseph Pangaro. Now, one of the things that is coming up recently, we're looking at lots of things going on with our country and there are always this. And I don't always like to talk about politics. I talk about real life things and the things that make us human. And I have to say I really appreciate all the commentary and the nice words I got from people on one of our last programs where I talked about me surviving through the grief and loss of my wife and how it is more than a year later and I've met a couple of people

1:02in one in particular that I guess you could say we're dating. I don't know. That seems like such a juvenile statement to make in my 60s. But somebody I like to spend time with. I'm not getting married again. I'm not going crazy on this. It's just someone to go to dinner with. Someone to fun. I appreciate all of you emailed me words of encouragement and a bunch of you had said that they have parents or they have siblings or somebody who's going through this and they're trying to decide should they date. Is it weird? Is it whatever? And that's part of the human equation. What do you do? How do you move on? How do you go on? And it's a really difficult thing. So I want to thank everybody out there for your nice words of support for me. It's not an easy thing. It's not an easy thing to move ahead. It was said move forward. We don't move on. We move forward. Then there are some things nationwide going on.

2:05I guess I can't ignore the upcoming elections and how important they are. The rise of democratic socialists and to most people who are paying attention, you realize that once again, people on the left have a tendency to conceal what they really believe, what's really going on, what they really want to do because most Americans, even progressive liberal Americans, wouldn't really go along with socialism and communism, more so communism because we're seeing a great softening of the American people on socialism. And I'm trying to understand, you know, what is that for? I know a lot of young people. I'm dealing with a lot of young people and they do see socialism as a better way to go because of the affordability crisis. That seems to be going on out there. We see them, they can't afford to buy a house.

3:09You know, at first I thought, when I saw a lot of these young people on social media and they're making these videos that, you know, boomers don't know nothing. You had it easy and you know, we can't afford a house, we can't afford a car. And you think back and you look at it and you go, okay, and might be ingested. I'm being one of them, you know, get off my lawn kind of guy because I'm, you know, 64 years old and I have wisdom that I think they don't have. And I had to stop and say to myself, well, maybe, maybe I can look at it that way, but also maybe I'm not fully aware of what they're feeling. Now we know when we talk about feelings, we cannot let feelings guide us. That is a very liberal progressive thing to do. You know, I feel like this and therefore, you know, that's the most important. And we know that feelings are important as human beings. But we can't make our decisions based on feelings.

4:10That's not how it works. So taking that into consideration, I had to look and say, am I not understanding their feelings so that I could better understand their concerns, then evaluate their concerns and see if they're really true and see if there's anything I can offer to them with my years of life experience, having had a career, two careers, three careers, having had a board of home, refinanced, having paid the bills, paid for kids and all that kind of thing. So one of the things that they're concerned about, that they're saying, you know, a boomer back in the day with one person working, usually the father, the father working, the husband working, on one salary, you could afford to buy a house, buy a car, put kids through college and then retire comfortably, mildly comfortably with a pension or with investments or the study other thing. And that is just totally impossible today that young people do not have the same opportunity

5:14as boomers. Therefore they're looking at the things that the boomers counted on like capitalism as being invalid now because while it might have worked for the boomers, it certainly doesn't work for the younger generations. Now to me, I think there's there's flawed thinking there because the idea that socialism is going to provide them with an affordable life that's going to provide them with everything they want, basically at a much lower price. If we just did this, whatever this is, ABC and D, if we just did these things and went a more socialistic approach to things, then everyone could have a house, everyone could have a car, everyone could afford schooling and understanding those feelings, and this is where the feelings part screws them up because they're saying, okay, capitalism is,

6:17and I just heard it yesterday from a young man that I really think he's a smart guy. He says, really capitalism is an exploitive relationship between halves and have nots, basically, and that's how they break it down the Marxist way. Havns and have nots, oppressors and oppressed, that's DEI. All of this Marxist ideology is what all of this is coming back again, is that they're looking at it, okay, some people have too much, other people don't have enough, so the right thing to do would be to level the playing field by taking some of the stuff from people who have too much, controlling how much they can have, controlling their control over the economy, so to speak, and then redistributing it, redistributing this wealth to everyone, so now people that can't afford a house, now they'll be able to afford a house.

7:17You see what they're doing with rent control in New York City, they're rent controlling all these apartments so that people can afford them, the rent can't just keep coming up, but the reality is, these are businesses, it might be an apartment house, but it's a business, someone invested into this business of renting apartments to make a profit, not to provide housing. See, and that's the hard part, that's the other thing that these young people see, is that capitalism is this exploitive relationship between people who have and people who do not, so business owners are there to exploit their workers, and take advantage of them and make profits off their back, and they're not being fair, they're not sharing, they're not, okay, so this kind of thinking, as I'm trying to analyze it, I'm trying to be honest about it, and see where they're coming from emotionally, and then how that breaks down into what's really happening on the ground, and I can see that if you look at, you know,

8:20the hate Elon Musk, because he's a trillionaire, we don't need trillionaires, who is this guy to have a trillion dollars? If we took half his money, $500 billion, if we just took $500 billion, he would still have $500 billion, but then you could use that $500 billion we take to make a better life for everyone, or at least for many, many, many people, I'm going to have how much housing you could buy with $500 billion that he doesn't need, and I'm trying to identify the right words to say where this comes from. Another group of people that I've had, and this is going to help me, it's helping me to understand, and I hope it helps you. Another group of people I've been spending a lot of time with recently are people who are really at the bottom of the socio-economic ladder, not really fault of their own kind of happenstance, divorce, loss of a spouse, lack of education, you know, there's a wide

9:28range of things that I see, and some of these people are my friends, some are people I just met, and as I'm interviewing all these different people to try and understand them, you know, what you find is that when you're at the bottom of the economic ladder, when you are the one that doesn't have things, you don't have a good apartment, you're being evicted from your apartment, you don't have money for health care, you know, that creates a completely different picture of the world and experience of the world, then say people that do have, you know, financial resources, even if it's just, you know, above the poverty line, you can afford your health care, even though it's very expensive, you can afford your apartment, and you pay your apartment rent every month, you can afford your transportation to get back and forth to work, you have a job, right, might not be the greatest job, might not be the job that pays you, you know, six-figure salaries, but you are surviving. They have

10:32a little bit of a different picture of things than if you move into the next level, I guess you're talking about, you know, lower economic people, middle class, high middle class, and wealthy, that kind of thing. So as I talk to all of them, where you are on that ladder certainly determines your point of view of things. Now one of the things that I strive to do when I talk to these people, whether it's my family, my friends, or other people, and I tried to guide them with my experience of having been as a young child in a very comfortable family situation, then losing my father and having very little financial resources whatsoever for me, my mom and my brother, then to building myself up, to going from having not much, to being okay financially, right, having a pension and having careers and extra jobs and

11:32income. My perspective on things is totally different. So I wanted to lay that out, and then talk about some of the things, the perceptions that I didn't feel it, you know, and I'm talking about, you know, just how I feel. I didn't have to experience, but then I recently met a young family and wonderful people, really wonderful people, but unfortunately the father passed away, didn't have any insurance, didn't have a great job, was just barely making it. The mom had a job, so combined the two incomes, they were surviving, they were doing good, but once the father died, then the mother lost her job, and then she has two late teen children, and she's trying to survive, well she lost her healthcare, once she lost her job, and they have medical needs this family. So it is a day to day struggle for them to live, for them to try and survive, you

12:41know, just to put food on the table, and that's not an experience that I've had in my adult life, because you know, when I got to police job, there's very good healthcare, right, I had very good healthcare, and while the pay wasn't huge when I started, it ended up, you know, police now in most larger areas, the East Coast and West Coast, and you know, more industrial areas, the pay is pretty good for law enforcement on a regular scale, like you're seeing a lot of patrolmen making between 70 and $150,000 a year, now that's, that's, you can survive on $150,000, one, one person working can provide for a family at $150,000, depending on where you live. So I know I'm dancing around here a lot and I don't mean to, I'm trying to get to the point, is that when I actually interacted with these people at that point in the latter, that daily struggle is so intense, and it is so pervasive in their everyday thought that you can see where they could

13:48be influenced by someone coming out and saying, you know what, Elon Musk doesn't need a trillion dollars, we're going to take half his money, redistributed to those who need it, not going to give you millions of dollars at the bottom of the ladder, but we're going to give you a living wage, we're going to make sure that the government sends you a check so that you can pay your rent so that you can buy food so you can have healthcare. Matter of fact, we're going to create healthcare that the government will pay for with some of that money, so you have good healthcare. That is a very, very attractive idea when you don't have things, and I think the problem is that it solves their immediate problem of not having things that they need and want, but they don't think it through because, you know, this time we're going to do it right, and for those of us with any experience on the planet, we know that socialism starts out with you know, great ideas, and it ends up devolving into not everyone having a great house,

14:54but everyone having some place to live, usually not a great place, but you can step inside the door and close the door and you have your own space, might not be enough room, might not be updated, might not be the best of anything, but you have a place. Now to someone who is sleeping in their car, living in their car, that's a very attractive idea, and if I'm going to get it for free, because I need it, this is what is echoed by a lot of these young people, is that the things that people need to survive shouldn't have a cost that they can't afford, right? So if you need housing, and you can't afford it, the government should provide it for you, right? At, you know, as part of the general welfare of the country, the government should provide it for you. If you don't have healthcare, and we all need healthcare, when you get sick, you gotta go to a doctor, you gotta get medicine to get better. When you're at that bottom at that ladder and you have no

15:56healthcare, the decisions that have to be made are, I don't even have to describe them, but I saw it up close and personal. You know, the whole expression, Rob Peter to pay Paul. This is absolutely true. I talked about, you know, after my father passed away, he had, this was 1976, I think he had a $25,000 life insurance policy, and at the time, that was okay, that was, that was some good kiss. She didn't last forever. I had to go to work at 14 years old, and my mother had to go to work. She never worked. She was a stay-at-home mom. She had to go get a job. She didn't have a lot of education. She didn't have a lot of work experience. So she had to take very low-level jobs. I was a kid. I had to take low-level jobs, and we combined all that money with the life insurance so that we could eat every day. And then talking to these people that I'm discussing, family and friends, and acquaintances that are at the bottom of the ladder, it reminded me very

16:58clearly of my time after that $25,000 ran out. Now we were lucky. We never lost the house that we lived in. We never lost the house. We were able to pay the mortgage because it was a very low mortgage. At the time, it was a very low mortgage. And even though I was, and my mother and I were both working menial jobs, to get minimum amount of money, she was also getting social security, for me and my brother. Because my father had died and we were under 18. So that resource helped to stabilize. We didn't have the greatest of things. We did not have, and I think I've talked about it in the past. A lot of my friends who didn't experience what I did, they had Puma sneakers. And they had Raleigh bikes. I had K-Mart sneakers. And I had shop-right bicycle. I had a bicycle, but it wasn't a good one. But I had a bicycle. And so we survived with the resources that

18:03we had, and we made it through. That was an impetus for me to work really hard to get educated, to find something to be better. It pushed me forward. It made me desires to make a better life. But I didn't look to the government to make my life better. That was the difference. When I was down at the bottom, and I tell you at the bottom, how much spaghetti we ate? How much spaghetti we ate in my house? Why? Because we were Italian and we love spaghetti? No, because spaghetti was cheap. Spaghetti in the jar or sauce. She had something to eat. We had food. And we didn't complain because a lot of times, I remember my mom sitting there trying to figure out how she's going to make this $45 for food for two young horses like me and my brother eating like crazy. We were 14, 15, 16, 17 years old. How she's going to make that $40 go as far as it can. Well, you buy a lot of spaghetti and you make a lot of spaghetti. Now, is that healthy to eat all that pasta? It's not,

19:07but it's food. So we joked around throughout even my adult life, is that to this day, me and my brother still joke about it. One of the things that my mom found is, it sounds sincerely now, but it's actually an endearing part of that struggle, that financial struggle we had. She found these boil in a bag, not even dinners, they were, they were meat. So there was Sal's Berry steak, and there was chicken parm. Now, it wasn't like what you get in the restaurant. It was a facsimile of some kind of chicken, probably beaks and feet, no other stuff chopped up and bashed into a, into a, like a round patty, but it was in a boil bag. And you threw that in the water and you boiled it and it was in this, in the, in the one that was brown gravy and the other one, it was red gravy or sauce or whatever you want to call it. And you would heat that up, cut the bag open, throw it on the plate with a little spaghetti and you had some meat with your dinner. You know, and my brother and I still to this day lay off and joke about that. We had that every

20:10single night for a long time. Spaghetti every once in a while, there'd be enough to get some real chop meat and my mother would make, you know, meatballs to go with it or sausage or something. But my point being is that when I talk to these young people today and I'm comparing my meager financial existence as a young person and the ones they're having today, it's kind of hard to totally emphasize it. I mean, they all have $1,000 cell phones. They all have internet today, right? They all have, you know, these kind of thing. We didn't have that back then. There was no such thing. We could never have afforded an iPhone or a, or, you know, some of the kind of a smart phone or, you know, they all have smart TVs. They're all gaming. They're online. We didn't have money for that. I remember when cable TV first came out. HBO was the all the rage in 77, 78 and lots of my friends got it. Their families just had the money bought cable TV.

21:11We didn't have cable TV. We were still turning the channels, you know, the broadcast TV because there was no money. But these kids today, what they see as a meager existence is I see it as different. I mean, now I get it. It's still very, very expensive. There's no way around it. Affording a home today, you know, the house that my father bought for $16,000. If I was to sell it today, it's worth $800,000. Now that's in 40 years expansion. How are young people going to buy an $800,000 house in the town around me where I live? It's a, it's a very homogeneous kind of a community, right? Everybody is upper middle class for the most part. Almost everybody, upper middle class, they have nice lives. The house is here, a two bedroom ranch, two bedrooms, one bathroom on a 50 by 50 lot here would be selling for $800,000, $900,000.

22:17Now, who can afford that? If you have three kids or two kids, you need more than two bedrooms. So you have to go into the three bedroom, four bedrooms. And now you're talking over a million dollars for these houses that need work. These are not, you know, you think about back in the day, a million dollar house you were living in a mansion. Well, around here where I live in this town, next door to me, not the town I'm in, but next door to me, because it is so in demand for people to live there. The housing just keeps going up and up and up, a two bedroom house for $800,000. And the whole idea is people buying them, knocking them down and then putting up a four bedroom house, which is worth $1.7 million. As soon as they put the last nail in the door, the price goes up. So how can a young person making $45 or $50,000 a year afford that? They can't. Apartments are $2,500 a month. You know, you're lucky if you can find something for $17,800.

23:20Think about that $1,800 a month just for your apartment rent. That's before you, you have a car, you put a gallon of gas in it before you turn on the electric lights, before you feed yourself, this is a lot of money, you know, for young people. And I have to agree that it does seem that it was easier back when I was young coming up to find jobs that would pay you close to what you needed if you put in the time. You know, you might have to work 20 hours of overtime per week, but you could survive. You know, and I think about, again, my personal experience is that as I started working and my mother continued working, and then my brother went to work. And then eventually we got, you know, better jobs. You know, we had some experience. They got to be 20 years old, 19 years old. I got better jobs that paid much better. It made life easier,

24:21simpler, right? When you could actually pay the electric bill. You didn't dread it. And these young people that I'm talking to today, the whole saying of Rob Peter to pay Paul is absolutely real. And they're like, okay, I just got the electric bill. Do I pay the electric bill or do I pay the healthcare bill so that my kids can have healthcare for another month? And I don't have to try and find a way to pay the electric bill. Now, if you're above that level of socioeconomic existence, these things, we don't even think about them, right? My bills come in the month. I have everything on automatic. Everything's auto-anomatic. The bill comes in. It automatically gets paid. You know, and then my fun stuff that I do is what's left over or what extra money I make, you know, through my consulting and my writing and all the other stuff I do. But when I look at these young people and I saw a couple of young people recently, and this is the divide between when I was young

25:25and was motivated by being poor, to work hard, get educated, work three jobs, whatever, to have more. That was my motivation. I didn't complain and say, well, the government should give me housing. The government should give me food. I went out and made it on my own. And a couple of young people I was speaking to recently, I said, well, you know, you're young, you're healthy. You don't have a car, but you know what? Within one mile of your house, there is a highway filled with businesses that are looking for someone to hire. So instead of sitting in your living room playing video games, 24 hours a day, go get one of them jobs and work eight hours a day. And by the end of the week, you'll have a paycheck. And what I do, this is, this is, I'm going to say, least three might be a fourth person. I'm trying to remember the conversations I had was with a group of them. They're like, yeah, dude, what am I going to go and work all day long for, for what? For $15 an hour? I'm like, but how many, how many hours are you getting now? How much money are you getting now per hour sitting,

26:29playing video games? And the answer of course was nothing, but they're not motivated because they're getting enough, just enough resources to live that they're not motivated to go do anymore. So I think this is important for all of us to consider. And we're going to talk about some more economic stuff when we come back during treatment, the structure of tap water gets messed up. Yes, we have to purify water, but what are we doing to fix the water structure so the body can actually absorb it? That is why we created our lab certified structured water devices. These devices restore water molecules back to their natural structure, just like a mountain stream, making them highly absorbable. It's not how much you drink. It's how much you absorb that counts better hydration, better energy all day. Get one for your home or on the go at chemicalfreebody.com, forkslash out loud for an exclusive discount. That's chemicalfreebody.com forkslash out loud. Successful weight loss is about changing the gut brain relationship with food. I'm Dr. Kelly Victory with the Wellness Company. If you don't like needles, you'll love oral dissolving Terzepatide RX. This doctor-designed solution works by targeting the GLP1 and GIP

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29:39For better oral health, get Sprite-Dental Defense, an oral care line designed to combat acid creating bacteria. The toothpaste, mouthwashments and gum all contain xylitol, and natural ingredients shown to dramatically improve oral health. Sprite can be found online, and it all find natural retailers. A men's country is not a certain area of land, of mountains, rivers and woods, but it is a principle and patriotism is loyal to that principle. I'm happy to report that American patriotism flows freely once again. America out loud dot news is that place to awaken your heart, soul and the mind to the out loud truth. Alright, so we're back. Now, I think I hope I've painted enough of a picture to get the idea that I'm trying to understand why these young people are really

30:44so upset. And I think a major factor is that a lot of them are motivated to do more. I don't want to sound like they're not, but many of them really have the idea that they should be given things. This is like their motivating idea for wanting socialism because they've been played, I think, by the Democrat Party, to say rich people, Republicans, they don't care about you, the Democrats do, and let us run your life, let us regulate everybody, let us redistribute the wealth that's out there so that you can have the things you need and want. And rich people are keeping it from you, they're exploiting you, going to a job, just like these young men I was talking about before we break, they're like, why would I go work for $15 an hour and at the end of the week, what do I get $300? $400? Well, right now you have no $100 at the end of the week. Yeah, but that takes up my whole day. I said, what are you doing with your day? Your day is to go to

31:46work, right? If the job's an overnight job, well then guess what? You've got to go to work overnight and you sleep in the morning. You know, these are the things that I don't know if it's part of our culture that these young people have been brainwashed into thinking they should all be CEOs, they should all be wealthy people. It reminds me of the Christmas movie with Chevy Chase that everybody loves, we love it every year and cousin Eddie hasn't worked for seven years and the sister-in-law says, oh, did he get a job yet? No, he's holding out for a management position. After seven years, he's holding out for management. Dude, you go shovel big ditches if you have to dig ditches to pay for yourself, but that mentality seems to have been lost. They don't see that. Like I'm telling you, these young guys, they're healthy, 1920, 21 years old. Why would I work for 15, 16 bucks an hour for somebody they're making thousands of dollars an hour on what they're selling that I'm producing,

32:50right? They've gotten this thought in their head that because they produce something for a company they work for, they should have a share in the profits, not just get paid for their labor. And this extends to a lot of people in that lower socio-economic group. Even older people, people my age, friends I've had my entire life and I've told this story before. There's one guy, I know, he's single, never married, had a couple of kids, used abortion or adoption as his birth control. A lot of bad decisions he made. And he's in a menial job. He's much smarter than the menial job, but the menial job because he has no real responsibilities other than to himself is that he is focused on, I wouldn't say pleasure because he doesn't do anything funny, he doesn't have enough

33:51to do a lot of fun things. He has enough to keep a really terrible vehicle on the road and insured to drive back and forth to work. His thing is he likes to smoke pot and drink wine. So he spends $200 a month of his very limited income on marijuana because I deserve to relax. I'm saying yeah, but if you took a walk around the block instead of spending $200 a month on marijuana, you can have a better car. Yeah, but I like it. I enjoy it. That's my fun. How is getting high at in your 60s? You're fun. Well, he complains about his job. He complains and complains and complains that he hates his job. They don't treat him properly. He has to put up with, he works in a retail kind of an industry. People are horrible, people are stupid, people are mean, the managers are no good. And all of that to some extent is true. People are mean, people stupid, people are rotten. You got bad managers. I get it. But when I say to him, okay, well, why don't you change your

34:54circumstance? You know, why don't you change your circumstance? Well, how am I going to do that? Well, stop smoking pot and drink in wine. You can't afford that. You know, walk around the block, do crossword puzzles, read a book, you know, and then save that money so that you can do some other stuff. Look, look, I went online. And in his area, he was complaining that he thinks he should be in a higher level of work, right? Where he can use his brain more than just his body. And I said, okay, well, that's entry level management because you have no experience in that. But you're a pretty smart guy. So once you go and look for those jobs, and he said, there are none. There are none. There are none. There are none. And he's in an area where there's lots and lots of activity going on. I went on one of these job platforms, and I just punched in basic management in his area. There were dozens and dozens of jobs where they're looking for an intelligent young person

35:56to come in and learn. We'll cheat you. We'll train you. Now, he's older, right? He's in his 60s. So that does add a difficult level. You know, who wants to hire a 65-year-old guy to do a job when you can hire a 20-something and have them there for a long time? I get that. But the fact is, is that there is still work out there, that he could find that is better than what he's doing. Pays better, gives him a better lifestyle, better healthcare. He just will not do it because it requires him to change what he's doing. And the connection I'm making here is to these young people in that lower socioeconomic arena too. They like playing video games. They like having their time to themselves. They like not having to go to a job. And as long as there's food, even if in its meager, food to eat, and there's a roof over their head, their content to just continue to play video games or small pot and drink wine. There is no motivation to improving their lifestyle. So the young guys,

37:01let's let's let me jump back to them again. Talk into these young guys, and they're complaining that for 15, 16 dollars an hour, they're not going to give up their whole week. And working for someone who's going to exploit them. Even if they're missing the logic that if you made 400 dollars a week, that's 1600 dollars a month. Right now you're making zero dollars a month. And you still have output. You still have to put somebody is paying the rent where you're living. Somebody's buying the food as meager as it is. Somebody is paying for the electric. Wouldn't it be nice if you could jump in and help with that? Oh, then how am I supposed to save? So the logic of my older friend and of these young men was kind of the same. Why would I put in all this effort? What am I going to get out of it? Jucks, opposing that with my understanding of my meager existence, I want more. I worked 80 hours a week and at the end of the week, I paid all my bills and I had some money left

38:01over to do something fun or do something with my kids or to enjoy something in my area. And that made me work harder. I started my own businesses. I worked even more. And I saw the benefits of that. These young people and people who are at the bottom, it is very hard for them to see beyond what they've been told. You deserve this and that. You deserve you instead of, you know, I think of JFK, John F. Kennedy, the president, you know, ask not what your country can do for you, ask what you can do for your country. That mentality has been upended. And it's gone. It just doesn't exist. And the rise of the socialist, democratic socialist associations, whatever the hell are calling themselves, the rising of all that is really just feeding into this thought that, you know what? The government is going to make it fair. The government's going to take Elon Musk's money and give it to you because you deserve to have

39:04healthcare and housing and free time and be able to enjoy yourself. And Elon Musk has envious too much. Nobody should have that much when others don't have enough. So it's really, it's a confluence of these, these thoughts and comparing themselves to what other people have now. I don't know how you feel about Elon Musk. But I happen to think that the guy is brilliant. I think he's taken some chances. I think he's created some things that people want. And when you do that, when you create things people want and you provide a service that people want or you build things that people want, you usually receive economic reward. This guy has gotten multiple gigantic companies together that he's employing thousands and thousands of people to make things provide services and do things that have made him a trillionaire. To me, that is an example of what to do. To these young people

40:05and even to my friend at the lower end of the socio-economic scale, it seems to be something to have animosity about. Right? It's not fair that he has it. They don't see his hard work. They don't see the risk that he takes. They don't see any of that. They simply see that he has it and they don't and the socialists are taking advantage of that. The communists are taking advantage of that. And they're saying, yeah, it's not fair. That's not right. Here's what we're going to do. We're going to take half his money. We're going to take 500 billion dollars from him. And this is the crux of the line. He will still have 500 billion. He'll still be better off than anybody else on this planet. But he doesn't need that other 500 billion other people and need it. And the essence of this is that and I'm only using Elon Musk as an example because he's first trillionaire. It's anybody that has achieved anything that certain people will say, you have too much. We see

41:06them on social media. We see these people saying they in New York, they want to have these new millionaires tax. And I saw this interaction, a reporter and a young person. The guy is probably early mid-20s. And he says, okay, he's talking to a businessman. And the businessman said, yeah, I make about $2 million a year based on my business. And the guy says, well, you don't need $2 million a year. We should tax you. We should tax you really heavy because other people need need that money. And the business guy is saying, okay, well, what does that mean? You're going to tax me. He goes, yeah, we should tax you 70, 80, 90% of everything you make after a million dollars. Because a million dollars is more than enough for you to live comfortable. You don't need more than that. And other people need that money. And to see this young man seething and this animosity, this anger that this guy have dare he have $2 million. Because if he had a million, that's,

42:06when I'm making $12,000 a year, a million, are you kidding me? That would be the greatest thing in the world. So he says to this business guy, we should tax you 70, 80, 90% of everything you make over a million. And the guy says, well, then what will happen is once I make a million, I'll stop working because yeah, I can live real comfortable on a million. What would be my incentive to make the second million to give it to other people? And this, this young guy that was citing this is, you could see the logic was starting to hit him and ahead. And he's like, well, no, you keep working so that we can tax you, right? It's always someone else has to do something to make things right. And this is what I'm, this is why I'm trying to compare myself, my existence, this older guy, these younger guys, it's this thinking where my thinking was, I need to do more like JFK. What can you do for your country? Not what your country can do for you. I needed to do more, find more ways, work harder, invent things, provide services, find something that people want and

43:11then go get trained in that, right? Or educated in it so that I could provide it and then reap the rewards where these other people, these young kids seem to think, and I don't know who told them this, that they deserve these things, that you're owed these things just by your existence, you're owed, right? And I guess I, I haven't a hard time really justifying all of that is that I want to feel compassion for them. That's why I want it to understand them. And I think I get it. I think I get, I know it's daunting to think about, you know, buying a house that's, you know, the cheapest house in you, well, you have to move. Sometimes you have to move now. For those of you out there who remember the great rush limbaugh and I have a lot of respect for rush, I really enjoyed rush. His thinking helped me to solidify a lot of my ideas and I found his program very entertaining. But anyway, at the time, rush was talking about, you know, what do we do

44:13for jobs? How do you find a good job that provides you a lifestyle you could raise a family? And he said, a lot of people want to find that in the community where they want to live. I want to live here and I want that good job that provides everything I need so I can raise a family, I can do whatever, I want that here. Well, when you look at the realities of wherever here is this community you want to live in, the jobs are not there. The jobs that you could get either with your educational leverage, your skill level or whatever, to pay you to live in these communities that require more resources, you can't afford to live there. So you may have to pack your car and move to where the jobs are. Now you might not want to do that. I don't want to move to Arkansas and because there's a booming economy there, I don't want to move to Ohio where I could find jobs like this. I don't want to go to, you know, wherever it is, Indiana or New Mexico, whatever, any state of this, wherever

45:15there's a booming economy and there are jobs that they need people. Well, these young people don't want to go there. I want to have what I have here right here in my hometown that I want to be in, this where I want to live. I want to live in New York City where you can't afford to live in New York City, right? So that kind of thinking is I think damaging the life that these young people could have by understanding. Rush was right. You have to get up and go where the jobs are. Now you end up settling in a place that maybe you didn't think of. I, you know, I go to Boulder, Colorado, beautiful community, maybe there's jobs there and you could build a life there. Well, they don't want to do that. And I think what this has helped me to understand and solidify my thought process is that what I see a lot of people making choices is, is for their convenience and for their desire

46:16as opposed to doing what they need to do to actually overcome their problems. All right, so let's go back to my friend, my 65 year old friend working in the retail industry hates it wants to do more. So I say to him, okay, you have developed a skill set. He works in retail food stores. All right, that's where he works. He's gotten very, very good at his area of the retail business that he's working for big, big company he's working for. Now they pay him, okay, wage, not a high wage. He is not college educated. He's not a manager. He's a line worker. Maybe he takes care of fruits and vegetables. All right, let me just tell you, he takes care of the fruits and vegetables. Now when you go to the food store, do you, do you buy fruits and vegetables? You do. So do I, right? Do you want your fruits and vegetables to be fresh? Do you want to see them present in a way that makes them look appealing? Do you want them to be cared for so that they're clean? All these things, right? That

47:21we want. And that's what my friend does. He works in the produce department and he's been there for 15 years. Now he has never pushed to be a manager in the produce department, which would pay more, give him more authority. And like I said, he's very good at what he does. He complains to me that, you know, and this is going to sound silly, but I think that if you think about, you got to expand out of the thought. He talks about, you know, the way the the the produce is displayed and the way, you know, he he personally takes it on himself, the initiative to go over and go, okay, these are tomatoes and the ones in the back are the oldest. So I'm going to move them to the front so that they're purchased. They don't go bad. And then the produce in the back will, you know, be moved up front as time goes. This is sounds like a silly example if you're not involved in this, but when you go to the food store, don't you want the best possible products to buy? And here's my friend showing initiative for this company to make sure that the customers get good produce, that the

48:27store isn't wasting produce that goes bad in the back. He's bringing it to the front. So before it spoils, it gets sold and people do it. It's all very, very good stuff. Now you can juxtapose that with any other job that people do. Don't you want your employees to do the right thing? Don't you want them to think about the business and think about your the company's needs and how you can enhance that. Of course you do. I have a business. I have people that work for me. I want them to worry about my product and making sure that my customers are happy. Well, I'm very I'm very happy from my friend. I think he does a great job. But instead of taking that skill set that he has developed, putting together a resume and then walking his butt down the street to the next food store and talking to the management. They're saying, here's what I bring to the table. Couldn't you use a person like me? That's going to be good. Now we might take 10 different interviews with 10 different companies before somebody says, you know, what you're doing is what

49:31I want to happen in my company. So I'm going to hire you and pay him a little bit more. Maybe make him a manager, right? Maybe make him manager of the produce area. And you know, he'll have a better life. The this is the way that you move ahead. But instead of doing that, he would prefer to complain. He doesn't put in applications anywhere else. He just complains about how he's treated, how he's not paid what he deserves. Look at all the extra he's doing. And the company doesn't recognize it. Okay. So then you go to another company. That's the answer. Not every company is good to work for. Sometimes they don't pay attention to you. Sometimes they don't look out for their in place. So find some place else that does and go there. So you actually have to look if the research you have to walk put together a resume. So that's my point. And the same thing with these young men, well, I'm not going to do that. I would rather sit on my butt then go work hard all day for somebody who's going to take advantage of me. So this is the long and short of it

50:35of our conversation here. This is where this whole concept that capitalism exploits you. And socialism rises you up to a level of equality. There's equity in the world when you have a socialist world because everyone's going to get good stuff, not just the rich exploiters at the top. Now anybody who's been on the planet for a while who has life experience and see things clearly. First of all, we know that in a socialist economic system, it's going to start out with great ideas. Just like we're seeing today from all these Democrats, socialists all over the country, they're going to take away from the rich and give it to the poor. They're going to be the Robinhoods. They're going to make life so much better. Where on the planet, can you point to and go, well, it worked over there. It worked there. Look at that. Look at the look at the level of people's lives has increased since they decided to take away from one person to regulate a

51:39business, to death, to run them the way that the state wants to run them. Instead of letting the markets determine if you have a skill that people need, they will pay for it. If you have an ability, if you have, if you can create something that people will want, they will pay you for it. That's the capitalist system. It's the best system that the world has ever seen for rising the most boats into the top of the water. Socialism brings everyone down to a common denominator, even if they say in the beginning, it's actually going to be better because you need a house. We're going to make sure you have a house. You need health care. You're going to have health care. But we all know how does that go? Look at the countries that have socialized their health care. People point to Canada. Canada, they can have anything they want. But if you need a surgery, you might have to wait six months, eight months, a year, two years to get your surgery in the United Kingdom. So my argument to several people who believe this

52:39is that, well, why do you think the wealthy people in those countries fly to the United States to get health care when they need it right away? You know, they need an operation. They don't want to wait two years for it. They got a bad need. They don't want to wait a year or three, a year and a year for whatever to get their knee replacement. Why do they do that? Because they can. Because they don't want to sit and wait forever for something that they want to get done. That's how it comes out in reality. You know, you look at Venezuela. Venezuela was had one of the highest standards of living because of their resources and everything they had in that country. And then they were taken over by socialist communists and did everybody's boat rise? Did everybody live like a chavez and live like, you know, these leaders? No. Like it happens in every single example is that the people end up living at the lowest common denominator. Yes, everyone has a house, but they're crap housing. Everyone has a car or some kind of vehicle, but they're crap vehicles.

53:45You know, people get health care, but it's not like walking the doctor here and go, hey, listen, fix this, replace this. Do this for me right now. You get on a waiting. You get all those things, but you get a very, very low level of it. That's the reality. But in the context of seeing the world through, I don't have what I need. It's too hard for me to get it. It's too much work, too much effort. It's not fair. They're taking advantage of me. I don't want to do it. I'm not going to give in to them. I am owed all of these things. When you have that kind of a mentality, socialism, the people who are selling it to you, it sounds great. And in reality, it's a trap, right? What do they say? When the mouse is looking at the mouse trap and he sees this big chunk of cheese and he can't figure out why would anybody put a big, all fresh chunk of cheese right out in the open like that until they go try and take the cheese. And of course, there's consequences. And this

54:49is the reality. So how do we remedy this? Is there a way to remedy this, this unaffordability? Well, I think what we do is we bring industry back to America. We stop teaching kids that they're owed things and that the world is oppressors or oppressed. We stop the DEI crap. And we teach people that every human being has value and worth. And it's up to you to make your world better, right? Okay, so not everyone who gets a college degree is going to be the CEO. But you certainly can invent something. You can come up with something. You can be a great employee and bring value to your company. And if your company doesn't recognize that, go to another company that will avenge you. And is it all going to be perfect? No, because what? There is no perfect and life is not fair. There is no equity somewhere that if we just let the government do everything for us and control everything

55:49and take away from those who have things and give it to the rest of us, that is fantasy land. That does not lead to prosperity and a good life that leads to ruin. We've seen it over and over again. But that's not what we're telling these kids. We're feeding into it. We're allowing it to happen. And I for one do not do that with my kids or my grandchildren. They know the truth and they're all going to be they're all excellent. They work very hard. They work extra jobs. They learned extra things. They got extra education. They paid for it themselves because they want to get ahead for their families. Well, that's what I teach. And that is what all of us need to have have a reckoning here and say, what are we telling these young people? And how can we help them move forward instead of just ignoring them? All right, everybody. I hope we I hope we talked about this a little bit and you think about it a little bit and talk to the young people around you and see what they're all about. Hopefully we can all be a part of the solution and not a part of the problem.

56:53We will see you down the road.