tv Documentary RT March 22, 2021 5:30pm-6:01pm EDT
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there are dozens of police and medical vehicles outside the front of that. grocery store branch where an hour ago police were alerted to a shooting situation that officers arrived with no indication at this stage as to whether there have been. but this is an ongoing developing story that we're across for you in boulder colorado in the united states an active shooter situation and that sealed off area outside grocery store again. in 30 minutes from now.
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a country of. a. kind of mind never had a supply house price at a nationwide basis. she an ebb and flow price but you're not going to see the collapse because she when people go into a bubble. if there is a. likelihood. that the. lose. her entire economy is in danger and that means life as most americans know what is about to change 40000000 people took a mortgage in the last 3 years they will assume this is not actually higher among
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people follow. them bernardino recently come to 3rd california say the power bankruptcy and like a homeowner who can walk away from a mortgage that's more than the house is worth a municipality. or live. if you come back to this property it's considered trust did you ever think that this word could become 50 percent of your business no never would have a live. yes i found. the model harms our world your ideology was not right for stars to. jar opener everyone needs one of those.
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it's not. the team. for the living room. i was 18 counting the counter. he count this to feed here. i've been doing real estate with him since now that was 2 so that's 16 years. after the l.a. times article in the nightline piece all bad i remember us being just completely crazy busy i mean as great as it was it was such a blur. it
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was a blur. you think when i said where you think that i don't know all those details i'm just saying blur meaning it was a blur time of my life well let me add some color because i remember the i'm sure. the blog was running i don't want to talk about those tales. because of our connection to countrywide they started the lease they had us applied to be one of the agent. didn't watch them do things. december 2000 and. 900 square feet right across the street from the freeway. so we call it retro order. a vintage. lovely. you. are watching this video and your realtor.
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i represented the buyer when they paid a 1000000. i want to put you my tie down and. you don't deserve to be licensed december 2006. if you want. to get fired. i'm jim. there's a lot of trust marketplace value could this be just a value bubble where people just keep paying these crazy prices a lot more than they used to just literally a year ago just because they want to get a house there really isn't the evidence to help support them and i can say oh for sure it's worth. there's really i think some valid concern about
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valuations when the proof is so thin. it's always been a problem in this industry there is. just one way to determine what some is worth is look what other people paid off the other people were crazy. they were hoping to get $2000000.00 for these appear you can see the bill i think a handful of them and gave up and those are $5.60 square foot house. everyone was going by the montra get in or you might get priced out forever because up to that point no one had seen any previous downturn just wasn't in the camera larry and nobody clinton realtors ever really thought a party is never going to end.
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i mean the thing about this is this is kind of based on bill i was the engineer would design and layout build this stuff. i would work on these big development projects seize would come to us we want this done we got build it and i sincerely believe that the work i was doing was building a great america. but then i started to ask some questions about what comes next. after we build something how do we take care of it what's the cash flow that makes this all work i started to look at developments that i had worked on or near run some larger math problems. for example developer would come in and build the road the developer paid all the costs to build it people have been paying their taxes and the idea was they pay their taxes and then the government would fix this
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road. the cost was $3.00 and $54000.00 to fix that road we asked the question ok based on the taxes the city is collecting from these people how long is going to take them to me to get the money they just spent. the answer 79 years. as an engineer i knew that road was going to last 2025 years this doesn't make any sense the growth creates what we call the illusion of wealth if you lose money on every transaction you don't make a. in volume. where we at today. were like way out here. you can look at the run up to the housing crash as a prime example everybody felt like we're doing ok because you know yeah i made 12000 our housing payments for my house went up by 40000 i cashed out the difference i'm doing fine here's subtly skirting around the core problem which is
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that the underlying economy does not work. in 2000 we had 1100 census tracks in this country that year classified as persistent poverty in 2010 it went from 1100 census tracks to 3300 census tracks 3 times the american geography is now in persistent poverty. our places don't work they're just designed to decline. if you don't know what was lost. you don't look at the place and see like this is decline. 143 if you're 10 years 20 years 30 years older than me all you see is wounds. and so it's really hard for you to get your mind out of that and actually see how this could be a better place. now we have it all off guard and so we made
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it right i don't know maybe the middle east is heartbreaking the midwest is heartbreaking of all the places this is one of the last ones that live but it's home and you know there's a part of me that loves it too like i look at it and i'm like i want to help this place i want to make it a moving little google street if you go yeah. that was that's our show and elysium and that's our. show up after another yeah i know. i'm educated enough to to know that i shouldn't talk about some things because i i realize how ignorant i am i mean i grew up in a city that is 99 percent white and probably still is very close to that. but when you start to get a mixing of people in the community the others start to move in whether the other is someone of a different race or someone of a different social class i think excite colleges is that there's
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a natural human tendency to circle the wagons and what zoning did is a good like this really wonderful tool to be able to write in a more camouflaged kind of racist way we don't want those people here. i think the irony today is that it's also now trapped for white people their mechanics say is you go to i didn't they did out of 4 new break lads. what is the i'm going to go. for for a dollar you know things are. going to fix my refrigerator my are going to look if . you got a guy who. you know cream abdul-jabbar said the hyper problem we had today is less race than it is poverty and i think use exactly right i mean there's a racial element to it but. middle class whites will sacrifice poor whites too there's no racial loyalty there they're going to kick them to the curb. been able
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to travel around the country to experience different communities it's the same it's the same thing. so you see across the rust belt and you see across rural america people struggling and those struggles are kind of shared struggles with people in urban areas that have long been left behind. when you find that you can no longer get the mortgage week you can no longer cash out that equity when you can no longer get a car loan for the new car. your world changes and your experience changes and america becomes like a really cruel place. for starting to see more and more that is a mainstream experience how are you going to. win even the mission here and nobody else because each colony. you can create a social contract and make tons of promises we now live in the day when those
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promises are coming to you. and that's not a left or right thing. kind of transcends left and right because neither side understands that they both want to go back to what they thought worked. or didn't work. join me every thursday on the alex salmond show and i'll be speaking to us of the world of politics that's less i'm show business i'll see of that. always be polite never engage with a negative a good or confrontational. don't get into any conversation or start answering questions just ask for an attorney.
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to survive and charities. definitely don't want to. jump ship on cups. you're more likely to walk free if you're rich and guilty or if you're poor and. you've got 2 eyes and 2 ears and one mouth. so you should be seen in here and a whole lot more than you're saying if you don't take that advice easy going to dig yourself a hole. is . the way that is being read. between 152100000. people feeling like they have control over the necessities of the lines.
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baltimore city council put the stamp of approval on the $660000000.00. jobs and. to have a new diverse community their definition of affordable housing is affordable to families making about $70000.00 per year. just can't build a community with people who are this. is not helpful. but if only. those neighborhoods do this. now. and. we create a strong. international marriage. but we creating structural advantage in our way. where we are today. and start to
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understand. more. big black history. the things that. we really recognize that is right but we don't recognize what. we already know as leading people in environments where we don't know. but. i was sitting here watching the police. in the children interact on the day of april 27th 2015. the children were thorax the police door rocks back at the children in a vision the police you know they're shooting were bullets and they deploy to
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organise and at the moment they deplore that teargas i'm sitting here and i feel like this weight come right on my chest and i'm like i can't breathe i can watch it anymore because i knew it was causing some sort of physiological reaction in my body. it really was a. powerful pivotal turning point because everybody when overdraft their food everybody went into drawing themselves into activism and nonprofit work and voluntourism. so this is let's. talk about here so. it is like to be with a partner well. i'm originally from graeme out to bring that area to me that small section of the neighborhood is everything because there's a certain level of pain you got to go through to be really from baltimore and when
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you really from a neighborhood that has a reputation you get was known as a state. i have. my little step you know. donating for the last 2 digits of your article so it's really being you know to be connected to a neighborhood. but people outside of street don't understand all of this stuff is about legacy. you don't really know where we come from we don't know our families so we need to set your straight there and you put your all into band st do is really the only entity that we run we think we want to go and say so from there you can go up on to a buddy your name. what is your name what kind of name you want to leave for your children. anyway i want you to bottom when i have a problem because all my followers but. not history do. i got
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a. bluff i'm trying to tell you might help a lot of people just by giving them places to stay and not to do. i know too much about real estate to get them into these homes. as. we. have seen so much to. see. from when i was young man coming to see me and it's dangerous. and. you know many. people who. have been. beaten up and so much.
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that's not. going to go. that's life easy. for. someone to stop it right here i just wanted you to see this piece 1st i want to do something else and to you saw the young man was poking the waterholes with a pocket knife. while i want you to know that see him right there. right there. and it 21 with no price span 2 is fighting
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25 and he was trying to give me more time than i had been on earth. it was scary but it was eerily familiar because it felt like no matter what i converse in my life been the 1st person to go to college graduate high school i felt like i was supposed to be there it's kind of hard for you to. take this stuff that we see here and translate it into the humanity of it as a person a 1000000 got a $1000000.00 in restitution. $100.00 and that is $10000.00 less anybody i know anybody had to live $10000.00 less and that can lead a city to my recitation pay. while he. can't unilaterally you said he said it's sort of presentation pay these in a struggle they don't make the news these are the differences that make. people like myself turn off from everybody. you know what i mean because everybody
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has a shoe. when people make the claim of you know why would people burn down their own neighborhood but then you sort of live statement to sort of gloss over the fate that new used labor has don't have this need to begin with. the one with the burned on their own community i mean it really isn't a community that they've been able to have ownership in. don't push me cause close to the black community and close to that is it and i think that is sort of why we see some of the prism you see. happen may begin to understand the black lives matter but black lives don't matter of black neighborhoods don't matter. i came back yes subsequently when i was a police officer. and it was all bricked up all the windows to doors.
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choice property now the. chance of 5. gentrification i suppose on one hand is a good thing for sure cleans up the neighborhood it makes it nice but my heart goes out to the people who once lived here who got moved out because when those poor people go you know they were forced out in neighborhood their homes are gone. if we as a country don't pay attention to. the places where people are the homes. that people. will continue to go in circles and that really get to the root problem. when you look at a rain forest home you're seeing a very complex ecosystem. not only do you have these massive trees but you have all the understory all the animals every do leaf has its own individual ecosystem and
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when you add up all that you have this massive massive complex and. you compare that to say a cornfield. you have one species of plant a complete monoculture. and what you see is a very efficient undertaking a lot of corn in a very small space but you certainly don't have the complexity and the ability to thrive than a rain forest. so what we did is we switch cities from being complex systems to corn. and. you look back in history and the way humans evolved along with the city. and what you see is that messiness that friction that rubbing up against other people is an essential component. and there was
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is you'll be via reflection of reality. in a world transformed. what will make you feel safe. heis a nation full community. are you going the right way or are you being led to. direct. what is truth what is faith. in the world corrupted you need to descend. to join us in the depths. or a maid in the shallows. president
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voted mates russian vaccine developers to discuss a production boost and hails the proven safety of domestically produced jobs. none of the foreign equivalence should the same level of protection once again this is a resounding success for domestic science and it's being recognized. is the geographical tops in dispute the vaccine is actively growing. into r t the hungary and foreign minister condemns the e.u.'s handling of it program and urges the european regulator to approve russian sputnik very. meantime the e.u. ups the ante in its vaccine supply feud with the u.k. saying it could stop blocking cross-channel shipments of the astra zeneca short.
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