Latest / 4DAFAM / Ep. 34 - SpaceX IPO: The $2.1T Gamble That Could Break Your 401(k)

Transcript

Ep. 34 - SpaceX IPO: The $2.1T Gamble That Could Break Your 401(k) · 4DAFAM

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Let me in your ear. I got something you need to hear.
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Turn the volume up so it's loud and clear. A podcast where we talk about politics
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and culture. Unscripted, no limits.
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Like a 504 soldier. We're not pretenders. Ain't no agendas. Our only plan is
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to keep it 100 and do it for the fam. Yeah.
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What up what up what up what's going on i'm six mil keeping it true it's your
0:31
boy kg welcome to episode 34 of for the fam podcast,
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today's a memorial episode man why stacy king episode he did wear 34 the first
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two years with the bulls so we got a stacy king episode,
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are you pulling at my heartstrings man got it got to man can I go can I go slash
0:57
sweetness oh yeah for sure okay.
1:03
But for those that don't know Stacy King passed well we got word of that just
1:08
a couple hours after we stopped recording yeah and it's looking like it might just be a like,
1:14
a slip and fall accident oh wow in his own home so they haven't officially said anything yet but,
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sad man bias but i think he was one of the best color commentary dudes in the
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business i mean he made games entertaining beep beep drive home say chicago all of that,
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all of that man all of that give me the hot sauce hot sauce on yeah yeah yeah he,
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made he made games very entertaining man so i didn't realize he had been doing
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it that long it's over over two decades man really yeah But I know he started
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out with Neil Funk and then Neil Funk retired.
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But man, it's been 20 years, bro. That's crazy. Like 18, 19 years,
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somewhere around that, maybe a little bit more. That's crazy.
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That's crazy. Yeah. Yeah. No, you're right, though.
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Rest in power to Stacey King. It's all good. Before we get into today's topic.
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I got to do some housekeeping. Yeah.
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Last week, we did 10 Best Black Villains.
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I want to make a redaction. Oh, shoot.
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Okay. I need to take somebody off this list, and I have to add Mr. T as Clubber Lang.
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And I don't know how I didn't have Clubber Lang on this list, man. He was great.
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He was excellent, man. Especially that scene when he was talking to him Talking
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to his wife Hey woman Hey woman.
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He was excellent man hey look he told Apollo you better get that bad look off
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your face before I knock it off,
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clubber Lang is on the list if I have to take somebody off I guess I have to
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take I'll take the Will Smith,
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off the list since he's sort of not a villain I'll take Will Smith off and I'll
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add clubber Lang to the list,
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I I gotta do it my apologies for leaving clubber off that list yeah yeah yeah
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without a doubt so anyway what you want to get into today bro man today we're
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gonna talk about this whole uh spacex ipo yeah,
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yeah yeah yes.
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Or as i like to call it the the stage coast with gold rims on it,
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yeah man this guy is is just an unsavory character man i mean from naruta to
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the tootah he is just a unsavory guy.
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But go ahead, bro. Kick us off.
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And by the end of this discussion, hopefully you guys will understand why we're
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saying that this guy is just shady.
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So I'm going to do something a little different.
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Obviously, we're going to have pros. We're going to have cons.
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I'm going to start off with the pros of this. OK.
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So people understand that we're not just about to just shit on the whole thing.
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I am. I don't have any pros.
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This is all I got. Okay.
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No, no. All the other notes are not. Okay. Okay. So, the pros.
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Beneath all the hype, you know, the AI and all of that stuff,
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Starlink is basically the golden goose right now.
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$11.4 billion in revenue in 2025, which is 61% of the company's total.
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And they hit 10 million subscribers earlier this year.
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They raised $75 billion in a single day.
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So SpaceX no longer has to beg private billionaires or banks for money.
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Because let's be real, most people don't know that's all he did.
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You know what? I'm on pros. Hold on. We'll get to the to the cons.
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And they've got a war chest, so they don't have to worry about any money anytime soon.
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Major stock indexes are fast tracking SpaceX into their funds.
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We'll get to that, what that means. The hardware and software monopoly he basically
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has with XAI and the SpaceX umbrella.
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Zero competition because Boeing can't compete with this because he's got reusable rockets.
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So those are the pros. I'm going to let you go ahead.
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I got my cons list, too, but I'm going to wait.
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So there are there are a few things why I say that that this deal is pretty sketchy.
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One of the first things that and this is just my opinion. And let me stay for
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the record. I'm not a financial analyst.
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I don't trade. So take all of this with a grain of salt.
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But the information is factual. Whether you agree or disagree with it is a different,
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argument. That's a different conversation. But the information is factual. Right. So.
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What was really I guess I need to go back to the beginning. Right.
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And and what makes this such a groundbreaking, extraordinary event with SpaceX going public?
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Like my my my first criticism is the fact that even though this is going public,
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the way that is structured, you can invest your money, but you don't get any real executive power.
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So he keeps, I think, 80% of the executive power Which basically means that
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you can put your money in But you do not make any of the decisions So whatever
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he decides what's best for the company,
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Is what's best for the company.
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And none of the shareholders or anything has any say-so Or the board Or the
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board, correct What the hell would you want to sit on that board for if I can't?
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Correct nah correct so that's that's the first thing,
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That I think is pretty sketchy or shady with this whole deal.
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The other thing that's pretty sketchy, and there's more, but I don't want to
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take up all of the oxygen.
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The other thing, though, that I think is really shady is the absorption of Gronk XAI,
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X slash Twitter into the SpaceX.
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X because there was no money to pay to them investors.
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And that part right there. And that's what a lot of people are really,
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up in arms about is the fact that this looks like a way for him to overvalue
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Twitter and recoup some of the money for the investors.
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Because as we all know, Twitter has been a loser since he has taken it over.
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So that's the other thing that's kind of shady is that this makes Twitter slash
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X more valuable than it actually is or should be,
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which is just a way, like I was just saying, for him to recoup his money and
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recoup the money for the investors who lost their asses investing in X slash
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Twitter. So here's my problem.
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$2.1 trillion dollar valuation. Mm-hmm. Okay? Mm-hmm. So.
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What Wall Street is telling us is that Elon Musk is a time traveler.
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He's already gone to the future to see- That part. That it's going to be perfect.
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That part. If a rocket blows up, if a deadline is missed.
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Now, I'm not saying it's going to plummet the stock, but historically, we have-
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Things that have happened or stocks have plummeted after that.
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So you're valuing $2.1 trillion. It's only worth $780 billion,
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but you're valuing it at $2.1 trillion, forcing companies like forcing the NASDAQ
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100 to list it. You're forcing them to list it.
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Right. Do you know what the product is?
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The product is a floating data center.
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That's excuse me that's that's that's the product y'all and i'm not kidding
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on this and his data centers are gobbling up 2.4 billion dollars a quarter well
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the whole like thing like the spacex has been like a loser,
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for like i think last year i think they estimated that it lost like four billion
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dollars or something like that so that's that's another thing that i find particularly shady,
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is how does a company that is losing money become more valuable,
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over a span of six months or however long that this deal has been in works?
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It is super shady. But yeah, the other thing is it's all a gamble.
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There are some skeptics who say that this floating data center idea will never happen.
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And there are some who say, yeah, it will happen. Now, the projected rollout is 2028.
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But after 2028, does this stock start to lose its value? You.
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The other thing that's sketchy, if you have a 401k, and this is how it affects the rest of us.
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If you have a 401k, you most likely have a management firm running your 401k.
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They're going to see this stock and how it's performing and most likely invest
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our 401k money into this stock.
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So if this thing blows up after 2028, we're stuck holding the bag,
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especially with the companies that both of us work for being leaning heavily
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conservative without a doubt.
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Yeah. You know, they're going to go into the space. Yeah. Yeah. Yeah.
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You mentioned the space. Oh, the dollar amount was you were right.
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Four point two eight billion dollars a quarter is what we're burning.
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We're going to be left holding the bag without a doubt.
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And here's something, too. I think it's between 90 and 180 days that you between
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three and six months that you have. Yes, yes, exactly.
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You are you are you are correct. So historically, what we've seen from Facebook
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will matter the same thing a while back.
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Not on the scale, though, obviously, these billionaires are going to sell.
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They're going to sell which supply and demand. you're going to put more out into the market.
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Everyday people who just want to be a part of something are going to start buying
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up those shares. But when those shares hit the market, the stock price is going to plummet.
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We know that because that's how it works.
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I'm just I'm still stuck on the fact that there is no real product.
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That's the part that I can't get past is this is all hypothetical at this moment.
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There is no proof that this floating orbital database is actually going to work.
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That's my whole thing is we're giving this guy all of this money based on an idea at this point.
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And the thing is with him, we've been doing that for so long.
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People think that he invented Tesla. No, he didn't. He bought the company and
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forced the damn geniuses out.
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Bro, do you know I had that discussion with somebody a few years ago?
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And I could tell they were ready to fight. Do you know that next day they came
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back to work? He said, and I had no clue that that dude did what he did to those
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guys that invented Tesla. I was like, yeah, bro.
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You know, he has like 52 government contracts, bro.
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52 government contracts. He's not a genius. He's a grifter. And you know what's crazy?
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With that $2.1 trillion valuation yesterday, he has become a systemic threat
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to the entire economy. Yes.
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He is a threat. He is a bad comic book villain.
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So that $2.1 trillion is the equivalent now of the economy.
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How many countries? Canada or Brazil.
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Let's just use Canada. One company.
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Can you imagine the ego, what he's doing right now, other than looking like
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a damn goofball yesterday?
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But I think I seen someone say earlier today that he could spend a million dollars,
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a day for like the next hundred years.
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It was more than that. It was hundreds of years. And he'll never go broke.
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Yeah, that's insane, bro. So now here's the thing.
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And here's here's something that I've kind of had some people come at me,
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friends, like just the regular conversation before in a group chat text to me personally.
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And I know you and I came up in this this this era as well.
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Well, I'm worth two hundred million dollars. OK, how much cash you got on hand?
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Three million. OK, then you ain't worth. Right. You were three million.
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I know that financial people would be like, no, that's not how it works. Right. I understand.
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But for me, how many people in the top 10 wealthiest people in the world?
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Can produce, like literally produce, $780 million in cash. I say maybe four.
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Now, I might be wrong. Somebody might listen to this a couple hours from now and call me an idiot.
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But there are very few people I personally think actually have that type of cash on hand.
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And I understand building assets, but as I just said, all it takes is one rocket to crash.
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I've heard people saying, man, this is about to make cafeteria workers millionaires.
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Yeah, until something bad happened and they ain't got no damn money in December
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because the damn billionaires are going to get insider information,
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sell off before everybody else.
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Right. They're going to sell off at hundreds and hundreds of dollars a share,
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where the average cafeteria worker is going to sell it at twenty four dollars
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a share and just get enough money to pay two months or more.
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You know, damn millionaires.
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And I've seen someone also saying this morning that some of the people within his organizations,
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because of this high evaluation, did wake up as millionaires because they had
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no existing stocks, whatever, whatever, whatever. But they can't sell it. Yeah.
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I'm sitting here. I got a piece of paper in my hand that says that my portfolio
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tells me that I'm worth $3.7 million.
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Yeah, but it's not liquid, basically. And by Christmas, it might be $42,000.
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Now, is that still allowed for a cafeteria worker trying to make it to get by? Absolutely.
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But this whole, and then celebrities, like they out there just,
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man, this is a great day. I'm like, what?
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You know.
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And they're too big to fail. That's exactly what's going to happen, though.
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It's going to hurt people. It's going to hurt, like I said. I know I sound like
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a broken record, but it's going to trigger, especially with the 401k.
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We saw what COVID did. mm-hmm that's that's exactly if this doesn't go according
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to plan the government will step in,
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and and basically bail out elon musk especially if there's a conservative and
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all and and it's is yeah exactly and it's crazy because,
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well no democrat would have to now too because the damn economy will collapse
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correct correct it was i about to say oh like so so it is this This all makes sense now.
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Remember when he was talking trash about Trump?
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For like all of two weeks about the Epstein stuff and all of that.
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And then he had to go back and crawl on his knees because of the government contracts.
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So so this guy broke. He'd be broke without. Yeah, yeah, yeah.
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This guy is basically eating off of us, the U.S. taxpayers.
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So, yeah, richest man in the world.
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He owes a lot of that wealth to the U.S. taxpayers.
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So one point seven five trillion.
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Give some of that back, bro. Give some of that back.
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I want to see like some cancer research. I want to see some things like fully
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funded because you can't spend all of that money regardless.
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So it's time for you to start giving some things back.
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You've been eating off of the U.S. people for all of these years because of
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your government contracts. Time for you to start giving back.
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You know what this means this just means he's about to really really lose his
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mind and go gung-ho and think he's gonna build a whole civilization on mars
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well yeah we're just idiotic you know what i say
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go go yeah go goodbye go yeah yeah completely idiotic.
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You know what else though he's also just like he tried to influence the u.s election,
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or uh what was the other one in germany he was trying to influence oh yeah their
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election when he did that because he got so much money he got so much money
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to spend imagine how many elections,
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that he can influence with this amount of money and how many world leaders he could basically have,
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doing his bidding because hey you wouldn't be in your position without me and my money so you owe me,
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And that's why I call him a bad comic book villain at this point.
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And that doesn't even include the 35 kids that he has.
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And I know it's not 35, but he has an extraordinary amount of kids.
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And I think only two are conceived naturally. Well, a lot of them don't even rock with it.
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Yeah. No, but I'm saying they're all artificial insemination type.
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Gosh, I was about to say something.
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Only two are conceived naturally i think i'll just i'll just i'll just leave
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it like that so real quick and i want to make a historical comparison go back
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to rca in the 20s so the hot new technology was commercial radio.
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People took out loans just to buy stock on rca what happened the 1929 stock
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market crash everybody lost everything,
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the only difference is is now he's using ai and spaceships back then it was the commercial radio,
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and then it's you know and of course the radio was big because i mean we've
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seen old movies everybody's sitting around sure listening to baseball or orson
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wells sure and then the stock market crash happened nobody was We weren't expecting
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that. We weren't expecting COVID.
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Some people would say we were, but we weren't expecting it.
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It tanked some of our 401k for a little while. But RCA did make a comeback.
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Yeah. I mean, they were, they were. But the people who took out mortgages.
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Yeah, yeah, yeah. Mortgages and home loans. Yeah.
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With this, oh, I'm about to be rich. Right.
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And do you think the people at RCA went broke? Nah. Nah. You just went broke. Yeah.
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And that's the same thing that happened with him. Even though there is a financial
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risk to him, with trillions of dollars, it'd be like a drop in the bucket. He'd be okay.
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He may lose his richest man in the world title, but as far as him standing in a child line, nah.
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He may have to disappear for a little while, go to the Caribbean,
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you know, post it up in a $10 million house for a couple of weeks. But yeah.
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And the other thing that I think we need to state for the record, none of this is illegal.
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And I want to make that clear. We are not claiming on this podcast that any
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of this is illegal because it isn't. It's all legal.
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Is it sketchy? Is it shady? Hell yes.
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But it's all legal, which is why we need to really reevaluate this capitalism
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thing and this financial market.
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I don't think we said this yet. SpaceX is trading at 92 times its past year's revenue.
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It's legal.
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$1.3 trillion of the $2.1 trillion valuation is basically based on hope. It's an idea.
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That's the part that I, when I was researching this, I'm just like, wait a minute.
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There's no real product here. There's a phantom product. And I'm not mad at the IPO launch.
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I'm not. I'm mad at the valuation because it immediately brought us all in harm's way. Right.
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Now, if you would have came out valued it at 900 million or hell right at a trillion.
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Yeah, you would have overvalued it by two or three hundred. Right.
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But that's not two point one trillion. Right.
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It's nuts. It's really, really nuts. Right.
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And we allow this to happen that that that that's also the part of just like
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we're allowing this to happen.
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In this age of the tech bros, the billionaires are bad guys.
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Why do we continue to prop this guy up?
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I don't get it. I truly don't get it. We allowed a man to drive to put a car
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on the market that is uglier than the AMC Pacer and the Gremlin. I agree.
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Tell me that one of your kids didn't bring home that was hanging on that there
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refrigerator at least once in their life,
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that they didn't bring home a piece of paper that had a car that looked just
24:04
like that or if you haven't drawn a car that looked like that we're talking
24:07
about the truck by the way yeah oh,
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I'm sure they know but every day I drive past one,
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it's just straight lines dude But it is by far the ugliest car I've seen personally
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in my lifetime. It really is.
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It really. You only buy it for the status symbol. $150,000? Yeah.
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Only for the status symbol, bro. Which I don't even know how that's a status symbol.
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Because the price tag. Because if you're driving it, people know you spent a lot of money on it.
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He is a prime example of what Marlowe was talking about in the wire. My name is my name. Yeah.
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That name has afforded him to be able to live this luxury. Oh,
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Elon Musk, it must be a good idea.
25:02
We grew up with Donald Trump's name on buildings everywhere.
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We didn't know anything in our young ages about the grifting, at least not all of it.
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It's the name. Right. We put that name up there. It ain't worth shit.
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We as society, when I say we, rob these guys up just because they have money,
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not because of any real accomplishments.
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It's only because they have money.
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I personally don't understand it. Like I think I've said to you or before,
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there's only two people that I would ever be starstruck on. And I met one of them.
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The other one I probably passed out. But two people, that's it.
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Who are the two? I'm curious.
25:47
Well, I met Scarface. Okay. Which was cool as hell. And the other one was Mary
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J. Blige, man. Really? Oh, yeah, man. I love Mary J., man.
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Love her to death. You wouldn't be starstruck by me and MJ?
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Really? Interesting. I've met six celebrities in my life.
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I've gotten, one was an asshole, Tyra Banks. She's an asshole.
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Common was cool as hell. I met Anthony Mason. I worked at Circuit City. Dude, huge.
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Rick Ross, Scarface. And that's it, I think.
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Interesting. So if Mike walked in here right now, you would be like,
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oh, shit, Mike. I mean, yeah, I'm going to dab you.
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But I guess what I say is like when you see like people just fawning over these people. Yeah.
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Like they can't function if they don't want to keep up with the Kardashians. Yeah.
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Like I'd be like, hey, man, I just met Mike.
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Cool as hell. When I look like 50 years old passing out over Mike. I hear you.
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I hear you. Totally unrelated. What do you think about his baby mama out there
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spilling all that tea and being messy?
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Who? Elon's baby mama.
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Oh, man, I don't pay no attention to that. You don't pay no attention to her? Okay.
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There was some stuff a couple years ago where when he had those two kids back to back, I guess.
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And we know he paid that lady to have that baby.
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And then he paid her off, and then she was mad about something.
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I forget what I saw her on, but nothing surprises me.
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Yeah, it is. this chick is not just spilling tea on him but spilling tea on
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like the republican party period she and you know they say hell have no fury like a woman's corn,
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but yeah she don't know it she out here being messy and she's spilling a lot
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of tea anyway let's let's let's let's leave that right where it's at because
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i don't i don't know what to make of her either i'm like i've listened to a
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few things and like okay that's interesting but then it's just like uh,
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how much of this can i actually believe what you do, run out of money?
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Yeah, you know, and she's like, she's had this awakening, and I'm just like, eh...
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Only Awakenings I acknowledge is the 90s show in Chicago.
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Hey, hey, that's going back. Man, just love that.
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I used to. Let me just stop right there. Anyway. Yeah, so that's our discussion
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for this week about the SpaceX and the IPO and why we think it's pretty sketchy, pretty shady.
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Anything you want to add to that before we move on, bro? All right,
28:24
cool. Well, let's move right along into our current events.
28:27
You got a current event you want to talk about, bro?
28:30
I do. So I want to talk about somebody's feelings getting hurt overnight. Okay.
28:37
So a name was taken off of a building overnight.
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Okay. There were people posted up, like influencers, news organizations posted
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up. But they didn't see what happened.
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Because this egomaniacal maniac put scaffolding up and then put a curtain up.
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So we wouldn't see his name being taken off of the Kennedy Center.
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I thought the judge. No, no, no. They did. Okay.
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But he put a curtain up so nobody could get it on camera and share it.
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Do you know how much of a narcissistic jackass you have to be to be like,
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well, I'm just going to put this curtain up. You couldn't see it at all.
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He filed an appeal though, right? Yeah, he lost it. They already ruled on the
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appeal already? They pulled it down overnight. That's what I'm saying.
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I thought it was still up. No, no, no. But he put a curtain up.
29:33
So we can see it being taken down. Yeah, I hear you.
29:37
But the bigger kicker is this.
29:40
That building was dedicated to someone, which means it is an act of Congress.
29:47
You didn't have the authority ever to put your name on the building.
29:53
Not only that, you didn't have the authority to replace the board.
29:58
I'm sorry, the trustees. Correct.
30:01
And I'm not just saying that because we don't like to do this.
30:04
There are protocols. Yeah. You have to go through Congress to do any of that.
30:10
It's a memorial. Uh-huh.
30:14
But you know why he did it. I know why he did it. And so his name lives on after he's gone.
30:21
It's the same reason that his name is on all these buildings.
30:23
And physically, he only owns about, what, 10 buildings total?
30:28
But his name is probably on 50 across the world.
30:32
And that's another thing. People think, oh, his name's on it.
30:34
He owns it. No, the fuck he doesn't. You know what would be great, Karma?
30:39
Let him just slap his name up on all of this stuff and live long enough.
30:44
To see the next Democrat president go take his name off everything.
30:51
That would be perfect karma.
30:54
It just amazes me.
30:56
That you thought, like if any other president would have done this,
31:00
we'd be having the same conversation.
31:02
If that shit would have been the Barack Hussein, Obama, John F.
31:05
Kennedy, we would have been like, what the hell is he doing? But that's just it, bro.
31:09
No other president would have done it.
31:12
That's the part that all of these MAGAs don't understand.
31:17
No other president would behave in this manner. Because they wouldn't have been thinking about it.
31:22
They'd be focused on actually running the country instead of this vanity project
31:28
where I'm just going to put my name over here, put my name over there.
31:32
I'm going to do this and build a ballroom and all of this other just idiotic shit.
31:38
But it's also why he didn't argue, fight, moan, bitch and complain publicly
31:42
about it for a long period of time because he knew it was wrong.
31:45
He did it because let me see how much I can get away with. Right.
31:49
That's why he did it. Right. And look, he's not the only one that does that.
31:53
A lot of rich people do that shit. Let me do this.
31:55
Excuse me. See how much I can get away with. Sure. And that's what he did.
31:59
And when he realized that a judge was going to step up and be like, no, you can't do that.
32:03
Yeah, you're going to file an appeal because that's what you do.
32:05
Yeah. You're convicted of a crime. What do you do? You file an appeal because
32:09
it's your legal right to file an appeal. Yeah.
32:11
And he lost. And he knew he was going to lose. Yeah.
32:15
You good on that? That's all I got. All right, cool. I'm going to stick with our guy.
32:22
Hey, we didn't talk about him last week At least I don't think And,
32:27
I'm gonna Talk about this UFC fight On the White House lawn This 250 year Celebration
32:35
The first thing I want to mention is,
32:39
the corruption aspect of it. And this is why we have been calling him a grifter
32:44
because he bought stock in UFC.
32:48
So he is profiting off of this fight that's taking place at the White House.
32:56
That's the first thing I want to highlight is the corruption that he's going to profit. it.
33:00
The other thing I want to highlight is how does this celebrate America as a
33:08
country and how does this benefit anyone other than him and his rich buddies?
33:16
This has nothing to do with 250 years of America being a country.
33:23
None of it. If anything, it's the exact opposite.
33:28
This is a stain on the country that you are putting this monstrosity at the
33:35
White House, that you have these people fighting at the White House.
33:43
What is this like the Roman Colosseum? Are we back in the gladiator times?
33:48
Do you want to sit there and have these guys fight and then you give them the
33:54
thumbs up thumbs down to you know what i'm saying like like what are we doing
33:58
here it's so idiotic and it's just like.
34:03
I don't i mean it's it's it's just dumb bro it's just it's just weird i mean
34:08
what's next bro you gonna ask some lions you gonna know what i'm saying had
34:12
he had these guys getting chased around the cage and it's all ridiculous,
34:17
what are we doing here in america What are we doing?
34:21
The only difference now is that the fighters are actually getting paid.
34:25
Instead of being slaves and forced to fight. Instead of being sent back into the fields.
34:31
Is is is nuts man is is nuts i mean just like this whole thing is just so one is tacky,
34:39
is is is super duper tacky well before we started,
34:43
yeah when i pointed to the tv yeah you could it was that that picture from the
34:47
front and it was like 15 to 20 feet higher than the white house yeah 60 million
34:53
dollars to build that structure man of taxpayer money,
34:56
some of it i'm air quotes Yeah.
35:00
Yeah. And that's the other thing he keeps telling us.
35:04
Oh, this is going to be totally funded by such and such and such and such.
35:07
And then we come to find out that the taxpayers are actually the ones footing the bill for this.
35:14
It's unbelievable. And again, the grift isn't sophisticated.
35:19
We can all see it. But like you were just saying, it's just let me see how much
35:25
I can actually get away with before someone actually says anything back to the karma.
35:31
Live long enough for your assets to be frozen.
35:35
And you get audited and freaking go to jail.
35:39
Another thing, too, with him, I always like to mention this,
35:42
even though it sounds like it has nothing to do with anything.
35:45
He is prohibited from running charities in New York because he's a crook. Think about that.
35:53
The president of this country the leader of the free world is currently his
35:59
companies are currently prohibited for the foreseeable future,
36:04
of running charities in his home state because they've been convicted of stealing
36:12
charitable funds yep yep,
36:15
but nah here you go here's here's the economy yeah it's yours yeah,
36:20
yeah and i mean like literally people,
36:24
just look at his stock trades that he's made just in the second term you don't
36:29
even have to go back to the first term,
36:31
just in the second term just in a year and a half look at the stock trades that
36:35
he's made and how he has profited so much from being president and the fact that,
36:43
he he buys stock, and then he promotes those companies,
36:49
which is insider trading.
36:53
It is a pump and dump. You raise the value, you cash out, let it tank,
36:59
and sell all your stocks once it starts to fall.
37:05
Again, it's not sophisticated if you know where to look, but it's unbelievable
37:11
just the amount of shenanigans.
37:14
That's the word I use that we let this guy get away with.
37:18
Anything else you want to put on that, bro? All right, cool.
37:21
All right, y'all. Now we're going to move into our rant, our rant about a random
37:25
topic. My favorite segment.
37:28
You got it right, bro? All right, go ahead.
37:32
All right. So profanity warning, profanity warning, profanity warning.
37:37
So there is a rapper who came out a couple of days ago and said something about
37:45
something he saw online. And I'm going to repeat what he said.
37:49
This got to be AI. If not, who just said they're going to start wearing thongs?
37:55
This is the worst generation ever. This is just sick. Rappers wearing thongs is about to be a fashion.
38:01
I'm going back to sleep. This world is coming to an end.
38:05
Now to the actual video that he saw online.
38:10
A$AP Rocky was performing, jumping around on stage, whatever. Pants was sagging.
38:16
Apparently he had on flesh colored boxes with a black trim.
38:23
So I guess what the lights dim and the flashing looks like a thong.
38:29
So this person takes the social media mentions it now.
38:34
This person also a couple of years ago posted this for his son's 14th birthday.
38:41
Profanity warning here. Love you, son, with all my heart.
38:44
Pop's going to see you tomorrow. Got a bag for you and a bad bitch to give you some head.
38:50
To your 14-year-old kid? 14-year-old. The same person went on a breakfast club,
38:56
went 10 toes down, double down, because boys have different desires than girls.
39:03
Then at the same time talk shit about his own baby girl where she had to make
39:08
a public video to say he won't even talk to me face to face and handle this in-house.
39:17
This same person has talked shit about Gabrielle Union,
39:21
Zia Wade, Dwyane Wade, and most recently he said he didn't want any trans people
39:29
at his pool party, right? Caused a big stir online.
39:33
Now, here's what I agree with with that. It's your pool, brother.
39:36
It's your house. Yeah, invite who you want. You invite who you want. Yeah.
39:40
But you wanted to make it public because you know that a lot of us rock with you.
39:45
And a lot of people were rocking with you because about 15 years ago,
39:49
you got a gun case, I think it was, and you got way too much time.
39:52
A lot of people running around here, free this dude, free this dude.
39:56
Now I know who you're talking about. So now I'm just going to end this with six words.
40:03
Lil Boosie, shut the fuck up.
40:12
All right, y'all. That's the episode for this week. We'll holler at y'all next time. Peace.
40:19
I'm so sick, man.
40:25
Oh, man. Oh, man.
40:30
Well, I don't have anything to add to that. You've said it all.
40:34
For more work, I'm going to get a little bit personal, something that's near and dear to you and I.
40:42
Last week for my current event, I was talking about summer gatherings and cookouts, etc.
40:52
And I was saying that we need to really put a focus or an emphasis on this gun
41:01
violence and especially this youth gun violence,
41:05
unbeknownst to us that a close friend would lose his niece to gun violence later on that evening.
41:17
To the family, we just want to say condolences.
41:21
You guys know that we care about you deeply.
41:25
Thoughts and prayers. And if you need us, we're available.
41:30
I also want to say, and this may be a little somber.
41:36
This may be a hard truth, but it's something that we need to recognize, acknowledge, and hear.
41:47
Our babies are being killed.
41:51
Here's the dark truth that we need to hear. Some of our babies are killers.
42:01
We need to do better. I don't know if this is a parenting thing.
42:06
I don't know if this is just a societal issue. I don't know.
42:10
I don't have a solution to this problem except to say we need to do better.
42:19
Too many of our young black boys are getting killed. Too many of our young black
42:24
girls are getting killed to senseless gun violence.
42:31
And a lot of times it's another young black man or a young black girl that's doing the killing.
42:39
Come on, y'all.
42:41
I'm open to suggestions. You know what I'm saying? We we need to collectively,
42:46
put our heads together and and find a way to just knock it off.
42:55
I mean, for real, it ain't it ain't cute. It ain't cool. It ain't we can't even go anywhere.
43:02
I was watching the news and I seen some idiots got into it at a at a water park.
43:07
Oh yeah all type of children families hanging out at the water park,
43:14
just trying to beat the heat on a hot summer day and now some fools out here
43:19
shooting fighting and shooting at the water park literally stay your dumb ass at home,
43:26
you don't know how to act stay at home i want to say something else but i'm not going to say that,
43:32
i'll tell you after the show how what i really want to sake. I already know.
43:37
But y'all, we just need to do better. All right? All right? Please.
43:42
Let's figure this thing out. Let's do better.
43:45
That's my right, bro. You want to add anything to that? All right, cool. All right, y'all.
43:50
We're going to try and lighten this thing up because I know we just took a dark turn.
43:55
It's time for five on the black hand side movie review.
43:59
And the movie we chose this week is Don't Be a Menace to South Central While
44:05
Drinking Your Juice in the Hood.
44:09
The Wayans, well, I shouldn't say the Wayans brothers, Sean and Marlon's first attempt at a spoof.
44:16
Go ahead my brother so i'm i'm about to fess up to something man i forgot to
44:22
look up the year was released okay the whole shebang i got everything else okay
44:28
but i just realized oh shit.
44:32
I forgot to look that part up yeah i think it was 1996 if i'm not mistaken yeah
44:38
because i know it was before either one of us left.
44:40
Yeah, yeah, yeah, I want to say it was 1996. So, as my brother was just mentioning,
44:46
it is a parody movie, and I want to run through the characters and,
44:51
there you know what i'm gonna run through the characters the parody target and
44:54
the source move what yeah because and and and i think this is like very generational,
45:01
so in order to get some of the humor i think you would have to have seen.
45:07
Those particular movies but anyway go go go ahead because a lot of a lot of
45:10
this generation only know them from the scary movie correct franchise Correct.
45:14
This is where it started. Correct.
45:16
So you have Ashtray, which is a parody from Trey Lyles, who was played by Kane
45:25
Lawson. Well, no, no. Or Kane Lawson.
45:27
Boys in the Hood and Menace to Society. Mm-hmm.
45:30
Lope Dog. Mm-hmm. Which is a parody of O-Dog and Doughboy. Mm-hmm.
45:35
Menace to Society and Boys in the Hood.
45:37
Dashiki, who is a parody of- Sharif! Of Ronnie, Justice, and Brandi.
45:44
From Minister's Society, Poetic Justice, and Boys in the Hood.
45:48
Ashtray's Father, which is a parody of Furious Styles from Boys in the Hood,
45:53
who just so happens to be three years younger than his son in the movie, which is hilarious.
45:57
But there's a reason for that. Yeah, yeah. Preach, who is a parody of Sharif
46:02
and Ali. Yes, sir. Minister's Society in South Central.
46:05
Crazy Legs, who is a parody of Chris, rest in peace, Boys in the Hood.
46:10
Toothpick, which is a parody of Ferris and Eileen's cousin, who's that,
46:16
you know, that actor, man, he's on a life support. He's fighting for his life
46:19
right now. I did not know that. Yeah. Boys in the Hood, Minister of Society.
46:23
Officer Self-Hatred, which is you tough, which is Bernie Mac,
46:28
played parody of Officer Coffee from Boys in the Hood, and then,
46:32
of course, Grandma, who's a parody of Delilah Benson from Day of Presidents. So.
46:39
Want to ask something this movie has no plot if you're if you're if you're trying
46:43
to think of a way to go through the plot this movie has no plot i was scrolling
46:47
down i'm like no wait a minute where do i start yeah no no there is no plot
46:52
bro so just just go for it so
46:54
we're just gonna jump right into yeah so some of the funniest scenes,
46:59
so the father-son dynamic,
47:02
ashtray's dad is played by someone who looks the same age as him, obviously.
47:07
He sits down with Ashtray and he says, I quote, I'm your father,
47:13
Ashtray, but I'm only a few years older than you because teenage pregnancy is
47:17
a real problem in the hood. Three years older than him.
47:21
Bro, when he was reading his father a bedtime story before he went out for the
47:25
evening, I couldn't stop laughing at that.
47:29
The reason why that joke is in there is Lawrence Fishburne,
47:36
only a few years older than cuba gooding jr right that's why that joke is in there.
47:43
And and i think he even said in the in the in the movie what can my parents
47:47
tell me they're only a couple years older than me or something like that,
47:51
you brought to my attention something else and i think you remember this when
47:55
we were talking about the cosby show one day and you were like well bro felicia
47:59
rashad is like eight years older than sandra i said yes sir,
48:03
yes sir and i looked it up right then Yes, sir. It was like like nine years. Yeah.
48:07
Yeah. Which is insane. Insane. Yeah.
48:10
Yeah. Yeah. Yeah. Yeah. So that that's why that joke is in there.
48:14
And if you knew what they were referencing, you got the joke. It was fun.
48:19
It was just a throwaway line. If you didn't get the fact that Lawrence Fishburne
48:23
and Cuba Gooding Jr. are really close in age. I think it's like six years or
48:28
something like that, which is why that joke was in there and why it was fun.
48:32
But for all those people who like the scary movie franchise,
48:35
it's, you know, obviously most of it is a parody of Scream.
48:39
And then there's a lot of different movies, Haunted House and all of that.
48:43
So this movie did that before all of those.
48:48
Right, right, right. This is just a spoof of all of the hood movies that we've
48:52
referenced several times in this podcast. And like I said, some of the jokes are generational.
48:58
You would have to have seen those movies to get some of the humor.
49:03
And some of it is just timeless.
49:05
Because I like, this is going to be graphic. I'm sorry, y'all.
49:11
I like when he finished having sex. First, to go back to that,
49:16
after he had his run in with officer self-hatred.
49:19
Oh, yeah. And he walks in and he's just smacking all of those kids.
49:24
I'm sick of this shit. Pow!
49:28
And he's just knocking her kids out. I forgot about that.
49:32
And then they have sex. With all
49:34
the food? Yeah. And then like two minutes later, she said, I'm pregnant.
49:40
Man, I lost it, bro. Lost it. I love that scene. What did he grab?
49:46
And she was like, uh-uh, that's for the kids lunch. Yeah, yeah.
49:50
I forget what it was. But that fool was driving the mail truck. Yeah.
49:55
Like poetic justice. Yeah, yeah. as, you know, a parody for Tupac. Right.
50:00
He had that damn USSR nuclear missile in the back. Yeah. The fools rolled up on him. Yeah.
50:07
Kenan Ivory Wayans is the mailman. Yes, sir. Every time there was a funny scene,
50:12
he would yell message. Message!
50:15
And it was a message if you knew the movies. Right, right. But if you didn't
50:20
know any better, you're like, why does this dude keep saying message? Yeah.
50:24
But it was pretty funny. I love when they were at the cookout and old boy had
50:30
that mirror talking to the dude who was sitting next to him.
50:34
She like, hey, man, hey, pass me a knife. He's like, keep it low, keep it low, keep it low.
50:40
Oh, no, he pulled out the mirror when he said, hey, man, is that an old boy
50:44
talking to your lady? And that's when he grabbed it.
50:46
Oh, yeah. Okay, okay, okay. Yeah.
50:50
Hold on. There was another one with him. When he was talking about lock me up,
50:54
though, what he did the whole spiel. Yeah. Of course, I won't say it.
50:57
Yeah. We don't want to say that out. Yeah, yeah. He was talking about the suds. Yeah.
51:03
Dashiki's kids. Yeah. Well, she had about eight kids. Yeah. She had white kids. Asian kids.
51:11
I'm talking not mixed.
51:14
She had a white daughter. A white son.
51:19
When he kissed her, what'd he tell him? Fool, don't you know you just kiss every dude in the cookout?
51:26
When that fool pulled his pistol on that girl, put it to her head,
51:29
it's like, give me your number.
51:32
Yeah, all of that stuff I thought was great. I thought the, of course,
51:38
Bernie Mac is Bernie Mac, you know. I hate Black Pepper. Yeah.
51:43
Yeah. I hate Forrest Whitaker, the black of Forrest Whitaker's neck.
51:46
And most of all, I hate that black ass Wesley Snipes.
51:52
We talk about Whoopi Goldberg's gums. Yeah.
51:56
Forrest Whitaker's neck. Yeah. Yeah. Yeah. Just the legendary Bernie Mac.
52:02
That was awesome. So I didn't like the break dancing scene in church that I
52:07
was like, yeah, that, that totally didn't work for me. I'm like, uh,
52:11
Get rid of that. That was funny, though.
52:14
You like that, bro? Watching them old ladies. Man, I did not like that scene at all, bro.
52:21
The two dudes standing next to each other with the cell phone.
52:24
Are you ready to roll? Yeah. Let's go. Yeah, that was absolutely hilarious.
52:29
The panhandler who was begging for money then went and got in his bins and throw a ball.
52:35
Yeah. And that's real. Don't give money to panhandlers, y'all.
52:40
That's just a tip most of these guys are just hustling and they're not broke,
52:45
buy them some food yeah exactly exactly i never forget having somebody downtown
52:50
was like nah man i'm cool i ain't hungry you got some money,
52:54
i ate that for leftovers the next morning yeah i didn't say a word when he said
52:58
that i just kept i was like all right yep exactly because if you're really starving,
53:02
you take whatever somebody gives you i feel you,
53:05
you want some bread that's cool but are you hungry or not.
53:11
Right. Most of the time they're just going to go buy a drink or go buy some drugs.
53:17
That's a whole other topic for another discussion. I'm trying to think what
53:21
else did I absolutely enjoy.
53:23
I love when he was having to talk.
53:25
And he was like, Daddy, what do you do around here? Man, I don't do shit.
53:30
Oh, yeah, yeah. I'm going to pay all my bills.
53:36
Man, that fool cut that shit in the back of his head. That fool that kicked
53:39
me or something. And put ammonia on his hands.
53:45
Man, when he opened that ammonia, I was like, oh, he's about to put ammonia on the back of his head.
53:52
His grandmother. Yeah. And he was hitting like a bitch. Yeah. Fire! Yeah.
54:00
Knocked her ass over the table. Oh, man. Yeah, so many, so many.
54:05
Like I said, there is some timely stuff. There's also some stuff that you had
54:08
to have seen the movie to know what they were referencing.
54:13
All in all, though, I enjoyed it. Like I said, it's their first one.
54:18
Scary movie was much better.
54:20
But, of course, the more you do something, the better you get at it.
54:24
So, yeah, for their first crack at it, I thought Don't Be a Menace was pretty good.
54:31
And I'm glad, speaking of scary movie, I'm glad they were able to get that franchise
54:34
back. Yeah, yeah. And Paramount definitely stole it from them. And it sucked. Yeah.
54:39
You could tell the difference when they took it over. It was just like,
54:44
these aren't even funny anymore.
54:47
Yeah. Yeah, you added some people that we hadn't seen before.
54:50
Some big names. Yeah, sure. You're like, oh, okay, yeah, that's cool.
54:53
Like the kitchen scene. Yeah. Kevin Hart, Leslie Nilsson, and Drake Bell.
54:59
Yeah. When he shot him with that nail gun, he caught it. The fool was like,
55:03
that's a lot easier than you think.
55:04
Hey, that fool shot Kevin Hart in the hand. He's like, no, it ain't.
55:08
You know, I love when him and Anthony Anderson was laying in that tent.
55:13
And he was like, I'm just trying to grab some nuts. Oh, when he reached back. Yeah, yeah, yeah.
55:17
I'm just trying to grab some nuts. And there was like some Zagnuts sitting right
55:21
there. I saw the blooper for that.
55:23
I know they probably laughed a thousand times. I saw it before I came here.
55:28
Oh, really? Because algorithm. Yeah. Oh, well, he looking up,
55:32
don't be a menace. Yeah. He looking up, don't be a menace.
55:35
The algorithm took me to that. And of course, with the movie just coming out not too long ago. Yeah.
55:40
Those bloopers are everywhere. But yeah, Kevin Hart was laying there.
55:42
He's like, what's up, man?
55:44
And when he said it, Kevin Hart just lost it. I bet. Just bust out laugh.
55:47
I bet. Yeah. Yeah. That was, yeah. Yeah.
55:53
Bro anything else you want to talk about as far as this movie go nah all right
55:57
let's go ahead and rate this thing who we i'm,
56:02
gonna give it i'm gonna give it a three i don't think it's as good a scary movie
56:08
but like i said for their first crack at it,
56:11
i think it did the job it made fun of a lot of those movies probably the same
56:18
way that we have in our own private time oh yeah so So so.
56:22
So, yeah, I'm going to give this a solid three. Like I said,
56:26
I don't think all the jokes hit.
56:28
I didn't particularly like the reverend part, you know, him telling the deacon,
56:33
you know, like he was pimping him. You better go get my money. Pass that tray around.
56:38
Why the preacher got to have a big house and why the preacher got to have a
56:41
big car. Yeah, all that stuff didn't really that it didn't land for me.
56:45
But for the most part, I thought most of the jokes landed on.
56:49
So, yeah, solid, solid three for me.
56:52
So, the only reason I'm going to give it a 3.5 is because I believe that this movie is timeless.
56:58
I believe that when we're 60, 70, if we get an opportunity to watch it,
57:03
we would still laugh at 50 to 60% of the things that's going on.
57:09
Because you know as well as I do, there's movies you've watched one time you
57:12
thought was really good, but you're just like...
57:14
No, on the rewatch, they suck. I just don't have no desire to watch that again. Yeah. I feel you.
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I feel you. All right. All right, cool. All right, y'all.
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That's our movie review. Don't be a menace to South Central while drinking your juice in the hood.
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I gave it a three. KG gave it a three point five.
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And we're going to roll right into our closing monologue. Our brother,
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the floor is yours. Appreciate it.
57:40
So over the last four months, we watched our young people having some issues
57:46
in the city, as my brother just talked about.
57:49
The police tell us juvenile homicides are rising, but we can't just talk about
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percentages. We're talking about kids. Correct.
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The city tries to react with stricter curfews, task force, but a 9 p.m.
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Curfew doesn't heal a broken community.
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And it certainly doesn't empty a loaded gun.
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We are literally seeing 14-year-olds pulling triggers, reaching for firearms
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before they even figure out who they are.
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Convinced that violence is their only currency.
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The crisis is on all of us now. We have to stop treating this as a passing crime
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trend because this violence isn't happening in a vacuum.
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It is knocking on our front doors. As my brother just mentioned,
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it hit our family over the last week with Jada being shot.
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She was an innocent bystander caught in someone else's crossfire.
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But to us, she's not just a tragic headline. She was looking to pursue a career
58:45
in the medical field, and tragically, she was only a few weeks away from graduation.
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She wanted to spend her life healing others, and instead, her future was stolen.
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Sorry, everybody. When a straight bullet takes the life of a bright,
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innocent girl, it shatters the whole community.
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We don't start fighting for these kids now. We are just failing our city.
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We're losing our families.
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Amen. Amen.
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Take a deep breath bro Take a deep breath.
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Y'all that concludes episode 34,
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of for the for the fan podcast we hope you guys have enjoyed this episode i
59:30
know we got a dark at moments i know we got emotional,
59:36
but still i hope you guys enjoyed it you know again do some research on the
59:42
spacex ipo you know fact check us let us know what we miss.
59:48
Let us know if you agree, disagree.
59:51
Just let us know. You know what I'm saying? Like we always say,
59:53
you can find us on every major streaming platform, including YouTube, audio only.
1:00:01
I got to end with the homework assignment. If you're new here,
1:00:05
thanks for tuning in. Share this with two friends.
1:00:09
If you're not new here, thanks for tuning in.
1:00:13
Share this with two friends help us to grow,
1:00:18
because that's what it's all about y'all you know the the the faster we grow
1:00:22
the more we grow the better we can get and we can transition into maybe doing some interviews,
1:00:30
and and things like that so so we got ideas but we need your guys's support all right,
1:00:37
so you're gonna leave it there six mil keeping it true it's your boy kg and
1:00:43
we'll holla at y'all next time. Peace.