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tv   Documentary  RT  May 16, 2021 4:30am-5:01am EDT

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oh look forward to talking to you all that technology should work for people. i robot must obey the orders given by human beings except when such orders would conflict with the 1st law show your mind anticipation for should be very careful about artificial intelligence and the point of view seen is to create trusts in shia. areas chaing with artificial intelligence will summon the demons. the obama's protect its own existence as a mixed. bag
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. united never did that if a. high standard of living for a country comes from. a . kind of mind that never had a supply house right at a nationwide basis. made it she an ebb and flow price but you're not going to see
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the collapse if she weren't people going to. live if there is a couple. of. people like. that the. entire economy is in danger and that means like most americans no one is about to change the people took a mortgage in the last 3 years of stabilization this is not redemption among people follow. them bernardino recently became the 3rd california say the filed bankruptcy and like a homeowner who can walk away from a mortgage that's more than the house is worth a municipality. or
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less. 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 level would have to live . yes i found a flaw in the model farms are the world your ideology was not right starts to. melt. jar opener everyone needs one of those. snatched.
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by 17. from the living room. i was 18 counting the counter. he count those 2 feet 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 wasn't worth going to work you think when i said where you think that i don't know all those details i'm just saying were meeting it was a blur time of my life well let me add some color because i remember the i'm sure.
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the blog was run into i don't want to talk about those sales. because of our connection to countrywide they started at least they had just applied to be one of the agent not. much. december 2006 this house sold for a 1000900 square feet right across the street from the freeway one. so we call it retro order here a vintage. lovely. if you. are watching this video and your realtor. and your chin up and say wait a minute i represented the buyer when they paid a 1000000. i want to put your my type and go grab your shingle. right now and you don't deserve to be licensed december 2006.
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everyone deserves to get fired. i'm similar. there's a lot of trust the market place on 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 that i can see hope for sure it's worth. there's really i think some valid concern about 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.
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they were hoping to get $2000000.00 for these appear you can see the i think a handful of them and gave up and those are $5.60 square foot house. everyone was going by the montra getting in or you might get price down forever because up to that point no one had seen any previous downturn just wasn't in the camera and nobody. clinton realtors never really thought a party is never going to end. i mean the thing about this is this is kind of i used to bill i was the engineer it would be design and layout to build this stuff. i would work on these
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big development projects sees would come to us we want this done we got to 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 and 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 the developer would come in and build the road the developer paid all the cost to build it people have been paying their taxes and the idea was they pay their taxes and then the government would fix this road. the cost was $3.00 and $54000.00 to fix that road we has a question ok based on the taxes the city is collecting from these people how long is going to take them to recoup the money they just spent. the answer 79 years.
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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 it up in volume. where we have today. rouer like way out here. you can look at the run up to the housing crash as a prime example everybody felt like what 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 sedgley skirting around the core problem which is 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
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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 so we made it right. breaking the midwest is heartbreaking think of all the places this is one of the last ones i live in but it's home and i 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
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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. 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 a natural human tendency to a sense like 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 tracked for white people then what can i say as
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you go through i didn't get it out of for new break lads. what is your goal it didn't whenever they for $40.00. yeah this was in the den and if that's not refrigerator my are different and if everybody's 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 he was exactly right i mean there's a racial element to it but. middle class whites will sacrifice for whites too there's no racial loyalty there they're going to kick them to the curb. been able to 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
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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 in america becomes like a really cruel place. we're starting to see more and more that is a mainstream experience. when even a. year and nobody. i'll. keep calling even for you if. you can create a social contract to make tons of promises we now live in the day when those promises are coming to you. and that's not a laughter right thing. the kind of transcends left and right because neither side understands that they both want to go back to what they thought were.
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kind of financial survival job that it was all about money laundering 1st visit this question just a different thing. oh good this is a good start well we have our 3 banks all set up here maybe something of your something in america something overseas it would take an island to do all these banks are complicit in or to the congress to decide to give mccall and say ok i'm going to do some serious money laundering ok let's see how we did well we've got got a nice luxury watch for max and for stacy oh beautiful jewelry how about. luxury automobile again for a match you know what money what it is highly illegal. watch because of course. he was in states his lawful. pursuit which is not
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a country that's. so country that's it's only been slim for any new policy it's a country that's failing today. you know paul jesus has created installed it all and produced both domestically and. baltimore is very similar to the many cities and some of the ways it is being written. which was 950 in 2000 homes in the last 100000 1000000 very true jumps. out of the state to people feeling like they have control over the necessities of the lungs. and. are. not.
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said oh i'm. going. to get. my. wife. not only this time you may argue. that. we will build together court covenant when we build it it will be out. for coming to a vision for at the heart of a new world headquarters for under armor an opportunity for all boredom. mr. snipes baltimore city council put the stamp of approval on the $660000000.00 for the. project developer guaranteed to see affordable housing jobs in exchange for the investment are intended to have
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a mixed income diverse community their definition of affordable housing is affordable to families making about $70000.00 per year so more sanctions just can't build a community when people who are wealthy. you know truck it. is not helpful to the discussion. but if only. those neighborhoods that are still inequality now. favor. in the whole. remember you're creating structural disadvantage internationally murdered. but we creating structural advantage in our way. and this is where we are today. it was until i got older and start to understand in. politics the low in more and at the same time i started. being black history. about the things that america.
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was shot instead. best spectacular about sweep really recognize that is right but we don't recognize what is slow. we all recognize leading people in environments where we don't have the slowly. but this was going to baltimore city. i was sitting here in this watching the police in the children interact on the day of april 27th 2015. the children were the rocks the police the rocks back at the children in a vision the police you know they're shooting rabu so they deployed to get this and at the moment they deplore that. i'm sitting here and i feel like this one. weight come right on my chest and i'm like i can't breathe i can watch it work as
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a new cousin sort of physiological reaction in my body. it really was a. powerful pivotal turning point because everybody when overdrive their food everybody wanted to throw in themselves into activism and profit work and volunteer isn't. so this is let's. talk about. exercise even the 1st. part of this. i'm originally from graham out agreement area to me that small section of a neighborhood is everything because it's a certain level of pain you got to go through to be really from baltimore and when you really from a neighborhood that has a reputation you get was known as a stand. i have. my little stamp you know. the only thing
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for the last 2 digits of your. song is really big 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 decided you know st do you put you all into band street do is really the only industry that we run or we think we were going to say so from there you can go up on a buddy your name what is your name what kind of name you want to leave for your children go and say that's it for that's the name of allah for me i can go anywhere i want to is bottom line i have a problem because all my followers but because i'm not history do and it's but i still carry those laurels i've got to leave my side. i'm about black in a city. because. it's going to bluff i'm trying to tell you. i have
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a lot of people just by giving them places they don't want to know how to do. i know too much about real estate to get them into these homes. as. it wasn't really seventy's when he started but. it's it was cool to think he didn't need me which he did not. have seen so much of it's an amazing scene. from when i was young to name something that's kind of needed to me and it's dangerous and it is an american speech and it was in the movie and you know said they need me to get it again. people who've been here and have been. beaten up and tired of life is so much that. you've got to be managed. hopelessness and me kind of manifested itself into. so when you have to just
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play your anger. and it goes way beyond anybody to think. the 3. guys are just at the c.b.s. far. far. listen. you go. as far as
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a. little. easier. for. someone to stop it right here i just wanted you to see this piece 1st i want to do something else to you saw a young man was poking a water hose with a pocket knife. why i want you to know that see i'm right there. right damn. it 21 with no prizes. 2 is fighting 25 and he was trying to give me more time than i had been on earth. he was scary but it was eerily familiar because it felt like no matter what i compass in my life
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in the 1st person to go to college graduate 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 i got a $1000000.00 in restitution. $100.00 and that is $10000.00 less anybody i know anybody who had a live $10000.00 less and that can lead us any time a recitation pay. if you can't unilaterally you said he said it sort of presentation today these are the struggles that don't make the news these are the differences there make. people like myself turn off from everybody just self. you know what i mean because everybody has a suit. when people make the claim of you know why would people burn down their own neighborhoods but then you sort of
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glib statement to sort of gloss over the fake good news labor has don't have this mid to begin with. the why would be 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 of employers so that is and i think that is sort of why we see some of the president. last may begin to understand that black lives matter 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. choice property now the. gentrified you know gentrification i suppose on one hand
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is a good thing because it 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 enabled by 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. 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 day reef has its own individual ecosystem so 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 the complete monoculture. and
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what you see is a very efficient undertaking in the 1st a lot of corn in very small space but she 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 form. 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 of that. and there was a certain discomfort that went along with that there is also a social dimension to it that we've just completely lost. this pattern of
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development has allowed us to. intentionally enrich. the pain and the hurt in the need said colin and all our places.
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the crisis and so the crisis began if that's the way used to be now there is just one crisis on top of another you don't know world one starts and one stops and it's just a multiple crises stacked up you know right there in your thinking there's some of
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my goodness gracious what happened. children are caught in the crossfire in a week of rage between israel and gaza rushes of missiles from both sides of intensified all week as the death tolls continue to speak to peace activists and something for the former front man roger walters. when we're talking about gaza which will barrel full of fish in the israelis shooting into. the madness that's the plea of the israeli president it's chaos reigns on the streets as arab and jewish communities clash violence surges on all sides shops have been vandalized cars torched driver was dragged from his vehicle and the unconscious. tensions running high in palestinian rallies across.

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