 Peace family is Jay Morrison and Ernestine Johnson, and we have a major Announcements of good news to share Finally we are lit and we are live the SEC has approved the Tulsa real estate fund as the first ever Real estate crowdfund 100% black owned and operating We are officially green lit and we are standing in the exact same spot where last year on June 1st We launched the Tulsa press conference right on June 1st Which is the anniversary of the black Wall Street massacre Tulsa, Oklahoma? We announced our fund now February 2nd of 2018 We are live and able to raise money and invest capital together guess what for as little as $500 you two can be an investor and be a partner of ours Yes, right so no charity no go fund me First plate right no collection plate We're talking about us investing together owning assets together buying back the block together And we now have the black Wall Street investment model investment vehicle ready that is a Tulsa real estate fund Go to Tulsa real estate fund calm right now and open your free investors account That's right open your investors account, and we will soon be launching and announcing our first projects that we will own and operate together My back to block y'all What's going on y'all if you can hear me, okay, please put a thumbs up in the chat. We have a lot to discuss this evening Forgive me for moving the time back. This was originally supposed to be at 9 p.m. But You know I had to I had to move it back to take care of some things But welcome back y'all. Thank y'all for being here Thank y'all for pulling up and yeah, we we have We have much To discuss so for those of you guys who don't know The man on the screen is Jay Morrison my Nigerian brother and his wife My Nigerian sister And I'll explain why I'm calling them Nigerian I don't know what their ancestry is But I mean there there is jokes aside. There is a good chance that they are or at least he is Nigerian You know just based on The logistics of the transatlantic slave trade a Lot of our brothers and sisters came out of the bite of Biafra came out of the bite of Benin Which is modern-day Nigeria? But yeah, yeah, the the the joke here is you know Nigerians are known for being scammers And Apparently Jay Morrison is also known for being a scammer, but you know similar to some of my other case studies I wanted to shine the light elsewhere, right? So if you watch the case study about the summer and the man in Atlanta, I Shined the light on the woman if you watch the case study about The all tomato I Shined the light on the men Because in my opinion a lot of who we jump to criticize. I think it's really low-hanging fruit For every Ain't shit dude. There was a woman who enabled him For every ain't shit woman There's a trick who pays her bills Similarly For every grifter for every scammer There are people who are either knowingly or unknowingly gullible So yeah, I want to I want to touch on several things. I want to talk about Psychology I want to talk about economics and You know, I want to really shine the light on our community to prevent Us from falling victim to future Jay Morrison's Let me actually start I actually put together a presentation y'all so you know, I got I got some slides I'm gonna share with y'all But I want to I want to start here. So on Jay Morrison's PR campaign he has been doing several podcast interviews to kind of clear up his name and On this particular podcast called boss talk 101 a Clip stuck out to me. So the interviewer asked him about a Financial Advisor, I'm blanking on his name right now Why dude, what's his name? What's his name? You know, give me give me one second. He talks about debt freedom Somebody drop it down in the comments if you know who I'm talking about because I am blanking on a name But basically his entire thing is to be as debt-free as possible and He's a pretty big youtuber as well. He gives people advice on YouTube a white dude A.O. Used to work for him Anthony O'Neill but um Nope, not Grant Cardone But along those lines older white guy a little heavy set Dave Ramsey, thank you Jay Nelson. Thank you so much. I don't know why I was blanking Dave Ramsey he brought up Dave Ramsey and basically Jay Morrison said, you know Dave Ramsey is incorrect, right and part of the reason he said he's incorrect is You know, he kind of goes into an analogy which I think is really telling so I'm gonna play it for y'all and then like I say We're gonna segue into my presentation Example, I'll give you an example This is my grandma's ring my grandma Judy. She passed away and when I was young she took me out with a hair at her ring Okay, right. That's all right If I was you mean you were an elevator if I was talking to the Queen and his ring slipped off into the elevator, right? And elevator was going down and the doors was closing And I had to go in here to get my grandma ring, right and wrist my arm in there to get my ring, but you said King Don't worry. I got it And you gonna risk your arm in the shaft to grab my grandma's ring, right? You will take the risk. I Know it's risky I'll let you do it. Get it King. Go ahead. I Rather risk I love you And I don't want your wife to be with you and you got kids armless And if you lost your arm in the elevator shaft of the doors closed on you I would patch you up and I let you bleed on my cream seats on the way to the airport Airport on the hospital, right? But I'm still gonna risk your arm first before mine In America, it's the only country that the banks give you money and there is no Penal recourse for you not all right, so so basically He was making the point that it is better to risk the bank's money When investing as opposed to risking your own right and he used the analogy of His grandma's ring falling into the elevator and allowing somebody else to risk their arm to get his ring As opposed to getting it himself and what it kind of got me thinking about is is Narcissistic personality disorder Right and you know, I'm not qualified to Label Label Jay Morrison a narcissist or label him a you know sociopath or psychopath, but There are some telltale signs there, but like I said, I don't want to focus on Jay Morrison because I feel like that's low-hanging fruit You know Tuesday, he did a town hall where he invited everybody Including investors to the black house to take questions and I watched it right a shout out to Nathan daily He was the one who got me hip to this Yeah, he actually covered it on his channel as well So make sure you head over there and check that out But for the two to three hours that this man was on stage I listened very carefully and That's what got me thinking. Maybe he's Nigerian because this brother is a spin artist All right, one of the things that stuck out to me he had his His coach, I don't know what he coaches him for Moderate the event and the first thing the coach said was I do not have any formal or informal relationship with Trev So I have no dog in a fight Then he said I've known Jay Morrison for a number of years and I'm his coach Which qualifies as at the very least an informal relationship with Trev so not only is Jay Morrison habitually telling half-truths, but it seems like the people around him are as well none of his staff Seemed like they were at the event any staff who would be Privy enough to answer questions. So he answered every single question because according to his documents He is not only CEO, but he is also CFO COO CMO all those and Despite the fact that he has no experience doing this or doing anything similar to this he took on this task And he convinced us that he was capable During my research come to find out even during his real estate career Jay Morrison sold zero houses He simply did interviews and TV shows about real estate But he did not have a record of actually selling real estate He was just a poster boy not only that Apparently the one real estate deal that he did he actually defrauded a friend of his And along with you know, Tony the closer have come out and different people have talked about it but he has a track record of Doing people wrong and at the very least participating in illegitimate Business but again if If you say the right words if you wear the right clothes if you look like money It's very easy to convince our community That you are money and again, that's what I want to talk about. So I want to start here Carlo M. Chipola He came up with a theory called the five stupidity the theory of stupidity basically and basically his point was there are five different types of people and Depending on where you fall It dictates kind of how you move and how you engage in Interactions with others. So the first type is the helpless person the second type is the intelligent person the third type is the bandit and this the stupid is the fourth type and The easiest way to kind of think about this is Helpless people engage in lose-win scenarios. So these are your I would give you the shirt off my back people Intelligent people engage in win-win scenarios. It's good for me. It's good for you Bandits engage in win-lose scenarios, which is you know, I'm going to manipulate you I'm gonna coerce you I'm gonna allow you to stick your hand in the elevator shaft to get my grandmother's ring And then stupid people engage in lose-lose situations now You guys put in a chat just based on this explanation. Where do you think Jay Morrison would fall? And I think it could actually be several I don't think it's necessarily just one But I'm curious to hear you guys's thoughts Like Lisa is stupid and again, there's no wrong answers, but we're going somewhere with this. I promise The reason I think this is important. I Think kind of like I said during the last stream when I was talking to CP the artist as men in particular We Should be and you know, rightfully tend to be more pessimistic than women and Like I've explained multiple times it's because our Role is to provide and protect so we must anticipate problems, right? So In anticipating problems, we must also anticipate red flags, right? So We should have some sense of How to vet people and How to bucket people Whether you use this model or whether you use any other model, but we should be able to Compartmentalize people in our lives. So we know kind of how close we need to get and how far we need to stay away right so With helpless people what's interesting is Helpless people who engage in lose-win scenarios. Those are your sacrificial martyr type of individuals It's not necessarily like they don't know any better But oftentimes these are people who have been convinced that They exist to serve others and they're there there's something Seemingly noble about it. I don't actually think it's noble, but These are people who derive Their sense of worth from their ability to lay down their life or like I said give somebody the shirt off their back in a snowstorm and They have the ability or they have the potential to be intelligent, but for one reason or the other they've been convinced That being sacrificial is the best way to be now intelligent people who engage in win-win Scenarios those are the I guess quote-unquote best types of people right because not only are they looking out for your best interest But they're looking out for There's as well right so there's no guilt later on with them because sometimes with helpless people They they tend to hold you to what they did for you whether or not you ask for it, right? You know you remember that time I gave you money and you know this stuff now you're not gonna buy me a house that Sometimes they're they're strings attached Or sometimes it's just Like I said, they have been socialized to believe that their value lies in Their ability to serve, you know oftentimes really good women fall in this category And then bandits, you know those those are they're just gonna take advantage of you, right? They are sociopath psychopaths your Swindlers or scammers they fall in this category and then stupid people now. What's interesting about this model is I Q has nothing to do with either of these categories So people assume a stupid person has a lower IQ than an intelligent person But according to this there are some very intelligent stupid people right there's some stupid people with PhDs There's some stupid people who are college professors, but if they routinely engage in lose-lose Interactions that is this definition Of stupid right it's it's incompetence and it also says, you know in this theory that Stupid people are more dangerous than bandits Because basically you can predict the bandit, you know what a bandit is gonna do he's gonna look out for himself You can manipulate a bandit Well with stupid people it's so Ubiquitous it's hard to kind of corral right and sometimes If you're around in those stupidity it might affect your intelligence as well So a perfect example of this is The movie the big short if you guys haven't please I recommend you watch this and it interestingly It ties into this beautifully because apparently Jay Morrison was a loan officer In I think 2002 2004 before the market crash of 08 I was a loan officer 2017 so this is way after the market crash and one of the things That stuck out to me when I was getting licensed was all the rules and the paperwork All the terms I had to learn Because they cracked down on the mortgage industry to prevent another market crash and When you watch the big short there is There are several scenes where The main characters go to investigate the impending Market crash and they went to a mortgage office and they were talking to two mortgage loan originators about You know how they were doing business and apparently These guys were Giving people loans for just telling them how much they made right. There was no income verification. That was a big thing All right, so Your school teacher and you say you make $200,000 a year. We're gonna qualify you for a half a million dollar house You're a stripper and you say, you know, you make $500,000 a year. We're gonna qualify you for multiple houses and this is what was shown in this movie, right and Basically It all went crashing down because if you are not making enough money to pay your mortgage and multiple people multiple people are not making enough money to Pay their mortgages the entire system is gonna go bust and one of the things that stuck out to me was At first The guy from the office I'm blanking on his name, but he thought that it was a An incompetence issue I'm sorry. He thought that it was a it was a conspiracy, right? He thought that there were some evil people Moving things around and making this thing happen. He later found out that it was an incompetence issue These people were stupid the mortgage loan originators the branch managers the the people who were you know the the The people who were kind of Orchestrating how the mortgage industry was run prior to 2008 were all incompetent and Eventually it led to the market crash and the whole idea of the big short is these people were quote-unquote smart enough Steve Gouraud, thank you. We're smart enough to see it coming and to take a short position and Basically made a shit ton of money because they bet against the market now if you guys don't know, you know the Government ended up bailing out the mortgage industry and which is why we still have a mortgage industry today But and you know industry in general because it affects Everything right the mortgages are the second largest debt market next to US bonds so Basically this movie talked about how much damage at scale internationally that stupid people can do And these stupid people are well paid these stupid people were well educated but because They were selfish a lot of them were bandits, but a lot of them were just incompetent They ended up getting screwed in the end there was one scene where they he was interviewing a stripper who Confessed to having five houses Right, and she was approved by one of these loan officers Who allowed her to do one of these stated assets stated income loans and Yeah, you can't keep up with it and It crashed now ironically like I said, Jay Morrison Was a mortgage loan originator at that time he claims that he ran a branch and Who knows if that's true, but even if that is true. I can very Well guarantee he was involved in some of the pre 2008 BS that was happening in the mortgage industry So That brings me That brings me to Mr. Robert F. Smith and for whatever reason My slide ain't doing what it's supposed to do And I promise we're going somewhere with this There we go Boom. Okay. So yeah, so that brings me to Robert F. Smith You guys cannot see my screen. All right, so if you guys don't know Robert F. Smith is The richest man the richest black man, I'm sorry the United States and he is most recently famous for pledging to pay off all the student loans of the Morehouse graduating class of I think 2019 if I'm not mistaken And real quick I want to shout out pocket watching with JT because he's the one who covered this and make sure you go over To his channel and check out the video that he did on this because he goes into way more detail that I'm able to But basically this guy's a fraud I remember a while back I Was I think I made a video either I made a video or a stream and I was talking about you can't Sleep white and be pro-black and several people brought up Robert F. Smith. They said, you know a man like this who was given so much money to Help make black kids debt-free Does he count in this and I was taking it back I was lies hard for me to say a man who Helped so many black kids is not pro-black However When you dig a little deeper You start realizing that maybe there might be Something to it. So Robert F. Smith is a fund manager. He manages a Fund in tech one of the largest funds in the country. Like I said, he is the richest black man in the United States On the right that is his family his wife. I Think they got married in 1988 This was before he started the billion-dollar fund his two daughters and his son on The left that is his current wife The white woman that he left her for Now His current wife is a former playboy model, I think she was playmate of the year in 2013 10-13 something like that But he basically left his wife for her and this all kind of came to light because He and again please head over to pocket watcher with a TV because he goes into so much detail But basically he linked up with a white billionaire from Texas Way before he started his fund He is Ivy League educated very intelligent man. He is very qualified much more qualified than a jay Morrison But he linked up with this This white billionaire he did some work for him the white guy liked them Told him that he would give him a billion dollars to start a fund with the only caveat being that he Keeps some of his assets. I believe 50% of his assets in offshore accounts Which is tax evasion, right? So he did that he did as he was told eventually The man cracked down right the government found out about this and They caught up with Robert F. Smith and they wanted him to testify Against the man that made him a billionaire because again Becoming a millionaire is possible becoming a billionaire. It's either you were born into it or you did some really shady Shady shit. All right, like a lot of the billionaires. We know of these are nepo babies, right? Elon Musk he was born into money Bill Gates born into money a lot of these people And even don go to the richest black man in the world also born into money But very often we don't get the full picture because we're so hungry for Images of black excellence and I think that's why it's so easy for us to get got but anyway Robert F. Smith The whole while he starts cheating on his wife with the playboy bunny She hired a private investigator and found out that that's what he was doing But the private investigator also found out that he was using some of the funds some of the offshore funds to You know pay for her pay her for her lifestyle pay for a rent things like that and This was part of the fuel that the government used during the indictment against him and against his His white benefactor Come to find out he struck a deal and The plan was that he would testify against the billionaire from Texas in Exchange he would have immunity and he'd be able to go on his way after paying Back taxes and you know also paying some restitution Long story short The money that he used to pay off the student loans for the graduating class of Morehouse was money from the offshore accounts and Unfortunately We frame this as Benevolence we frame it as Autruism we frame it as philanthropy When from the majority of cases what we see as philanthropy is really just a tax write-off or it's really just an opportunity to you know Do this grandiose PR stunt and offload some money that you couldn't you know you couldn't really use anyway and Then get the tax deduction But unfortunately, I think to the untrained eye we tend to see these rich people these super rich people as quote-unquote good people, but nine times out of ten there's something more sinister behind the scenes and and The fact that he left his day one wife For a playboy bunny tells me two things number one. This is not a man of high character or high integrity and number two I think what tends to happen in these situations and I feel the same way about somebody like a Y'all I am terrible at names today and Google is not my friend at all Boys Watkins There are a lot of guys who didn't have Riz didn't have game when they were young and they didn't have anything and When they do get something They have a baked-in sense that Women are commodities Right, these are these are I would call them the super simp archetype Right women are to be bought and sold women are to be controlled by Yadala And you see a lot of these guys wife up former models, you know former strippers, you know Single mothers with multiple children from multiple men because they're just so happy to be here and In the case of somebody like a Robert F. Smith, I think this might be something that happened I think you know his wife who held him down and was Made sure that he had legacy probably encouraged him whatever the case may be She didn't scratch that itch of I've made it like getting a playboy bunny Who would never have looked his way? But again, it's not a interaction of love in my opinion. It's an interaction of Materialism right she's his trophy she's his I've arrived and The you know, you even see like there's a fendom phenomenon now Some men are sexually aroused by being financially exploited by women, you know because the My ability to just throw away my money on this bimbo means that I am somebody and Like I said During the last stream, that's what makes some of these changes. We're trying to make in these conversations difficult because For all intents and purposes Most women if they're attractive enough know that there is going to be a Robert F. Smith to fall back on So like I mentioned before dangote another example on the face Africa's richest man the richest black man in the world Net worth of seventeen point eight billion and that's you know a conservative estimate Is he self-made? No, it's nepotism. He was born into wealth His mom is related to the former Africa's richest man His business is industrial group he does semen he does sugar whole bunch of stuff He started out with the five hundred thousand Naira loan which at the time was equivalent to five hundred dollars at that time because you know the Naira was Was up there at one point which makes me sad, but But yeah, his achievements Africa's Nigeria's first billionaire in 2007 Africa's richest man in 2013 and he's maintained that till this day what's not often discussed is a lot of Casualties have been linked to his cement trucks There've been a number of people in Nigeria who've lost their lives because they were ran over by a dangote truck and I bring this up because you know Going back to Jay Morrison. I think we're so hungry for optical black excellence That we fail to be critical about who and what We give our time energy and attention and hope Right. I Remember seeing a clip on Instagram This guy he said that our community thinks black excellence is a whole bunch of black men showing up in suits and taking pictures but are those men going to Put together their resources in any productive ways. No, they're just gonna look cool This guy got a green suit. This one has a blue suit. This one has a yellow suit Let's take a picture downtown. Look like we're doing something That's black excellence and that's why It is so easy for us to not just get got by a Jay Morrison but potentially get got by future Jay Morrison's and I'm torn right because I was introduced to Jay Morrison back when he was riding around in a rented Rolls-Royce and I remember one video he was talking about hair. He was basically making the point that it's Far better to have a low-ceaser than to have dreads or braids and things like that because it makes, you know, you can more easily move through Certain rooms and he's a thousand percent right for somebody who's worked in corporate America. He's a thousand percent, right? And he was saying a lot of good things, right? He was One of the first people, you know, and I'm I might be wrong, but he was one of the first people that I came across who was talking about financial literacy This was before earn your leisure So for that It ends up being kind of a Faustian bargain, right? Like you have this Robin Hood type figure Who's essentially making the point that I'm going to teach you how to? Finesse system That is set up to make sure that you fail and the whole time we didn't know That we were the ones Being finesse because you know Robin Hood the whole character Robin is about taking from the rich and giving to the poor However with Jay Morrison, it seems like he has taken from the poor and given to himself I had a big thing that came up during Tuesday's meeting and came up during Julie and Gordon's You know receipt read shout out to Julie and Gordon was the fact that he used Treff funds to buy his $800,000 house Ironically the fund that started out at 11 million does not even have 800,000 in it currently Does not have 700,000 He says sub 500,000 which could mean 499,999 or it could mean a dollar, but again he has Mastered the art of spinning things and making it sound good and again it's that Faustian bargain because You know at least he made financial literacy cool and to be fair I don't want to take any credit away from him because I think that's a big deal Right and you know JT has done videos not just of him, but also earn your leisure also You know different financial influencers What's the name 19 keys And the good thing about these people is that they are raising the consciousness of our people But the bad thing is They're using that to exploit us And again as opposed to focusing on them I want to focus on arming us with the tools to discern these people. I Could tell you right now Anybody who's pitching you a multi-level marketing business Might not have your best interest at heart because when you look at The paperwork when you do your research on multi-level marketing, which Jay Morrison was also a part of It is structured to enrich the people who get in early and The people who are at the top everybody else Loses money and again with multi-level marketing similar to Jay Morrison the difficulty with that is For a lot of especially young people, that's their first professional development Seminar that's their first networking opportunity right so so the good is Good the good is good right you have 18 year olds 19 year olds 20 year olds talking about Dividends talking about stocks talking about investing talking about real estate However, the bad is it Creates somewhat of a cultish environment Where even when you get screwed They have set it up in a way That makes you think that it was your fault right so for instance one of the big ones You know a few years ago was I markets live right the whole forex boom and When you go to these seminars When that high school friend that you haven't seen in a while bumps into you into you at the grocery store and says Yo, you should come over for dinner and then you figure out When you get there that there are 50 other people and a PowerPoint setup You know you You get swindled into believing that if you're successful with this company, it's because the company is good However, if you fail this because you weren't good enough and unfortunately, I think that's why a lot of People who are part of these MLMs Verve I markets live and am away They never actually come forward and tell the truth because of that shame right they they they're still suffering from that sense of you know, either I Probably wasn't good enough. That's probably why I didn't make it or how could I have been so duped and This is consistent with people who leave Colts and Again, so I know One of the similarities of Colts and multi-level marketing Colts and multi-level marketing always have a very charismatic leader They they also have like Chants and and Affirmations and it's all about personal development or spiritual development or professional development and In the case of like Robert and Reneary. He was having women brand his name on their skin And he set it up in a way where it looked like a symbol, but it was really just his his his initials But it's about indoctrinating people into believing something Greater than themselves not knowing that that thing is just the interest of the figurehead And it's easy for somebody like a jay Morrison, you know jay Morrison. He's According to him. I think he's six three good-looking guy very well presenting and another thing too just like we talk about with women loving pookies and the Ray-Rays he has a redemption story You know oftentimes we we talk about it like oh only women like Reform thugs and things like that, but we like it too especially as a community who are so starved for The optics of progress it is great to see a Man who used to be in the streets who used to sell crack who went to prison Who admittedly according to him so cracked to his own dad? It's good to see him riding around in a Rolls-Royce Looking good in a suit on the on the breakfast club on TV Making moves at least looking like he's making moves and it's uh, I Think this is why we're so susceptible To this happening Again, so you know I sold Drugs to my dad at 17. What's interesting during the same boss talk interview. He talked about how he came about right? He said that his mom His mom had been teased about her looks by her brother ever since she was little her brother would call her ugly constantly So when she was old enough she said that she was gonna find the most handsome guy that she could find to get pregnant and the most handsome guy she could find was Jay Morrison's light skin tall dad now I bring that up because number one it's sad, right the Consequences of low self-esteem the consequences of negative self-image and I imagine a lot of our women suffer from Something similar, you know, maybe even some of them went to the extent of seeking out the most The prettiest guy that she could find to impregnate her right and they end up as single mothers and do a terrible job raising boys and the cycle continues but I Think it also speaks to the foundation of who Jay Morrison was bred to be superficial right a man who Because of his circumstances because of his rearing also because of his DNA has been socialized to believe that Every man for himself. I got to do what's best for me and screw anybody who I hurt or who gets got in the process and Even if it means selling crack To my biological father and you know that that's That's the nuance because you know his biological father didn't raise him. So it's like, you know screw him But at the same time you know Old folks would tell you know if you want to know if he's a good man see his relationship with his mom If you want to know if she's a good woman see her relationship with her dad because Unfortunately, what tends to happen is a man can't really treat you better than his mom Right a woman can't really treat you better than her dad and it takes a lot of work and it takes a lot of Like different levels self-efficacy for somebody to break out of that That paradigm so how can I love Another man when the man who's responsible for my existence didn't love me How can I love another woman when the woman who's responsible for my existence? Didn't love me or like I've said during my clips that are pissing people off on Instagram or Didn't think enough of me to put forth her best possible effort to make sure that I don't fall into the same cycle That she fell into and I got to tell y'all there's another J Morrison Right now and he's 17 And he's growing up without a father Because his mother was just looking for a pretty boy to sleep with and have a pretty baby and He's growing up in survival mode And he's being indoctrinated with this idea that doggy dog killer be killed And what that results in is On the low end Narcissism on the high end sociopathy now again, I'm not qualified to make any Diagnoses But you will see that some of these things Tend to not just be consistent with a J Morrison, but also consistent with a lot of leaders and a lot of key figures I believe that the highest concentration of Psychopaths are lawyers politicians and There was one more I can't remember But you know some of the traits grandiose sense of status King J God called me To make this fun happen Right preoccupied with their own attractiveness Sense of entitlement I Believe right now. He's trying to recapitalize the fund Which you know is a convenient way of saying I need more money Right it's a way of you know throwing people off your your trail Because if I if I said I had 11 million and now we have 500,000 because I was paying myself and buying stuff for myself. It doesn't sound good but if I say we have an 11 million dollar fund and Right now we're sub 500 and we need to recapitalize that sounds a lot better and for people who are uninitiated It's easy to fall for the bullshit and I think Part of this discussion like we also have to talk about Ourselves right I remember Charleston white who you know I have mixed feelings about but one of the good points that he made is that Black men in particular. We don't know how to be stupid Right black men don't know how to admit when we don't know something and During the meeting on Tuesday There were times when he would use certain terms and obviously talk fast like he does and The people that he's talking to are saying yep. Mm-hmm. Yep. Yeah Knowing full well, they don't understand But because as a community we don't know how to admit when we don't know Right going back to like the Dunning-Kruger effect It's very easy for us to get got because we would rather Pretend that we know what's going on. We're competent because we associate competence with intelligence Than to admit okay put this in layman's terms Which is why it's so easy for people with a grandiose sense of self a decent vocabulary to manipulate us and The two books I would recommend to kind of understand this a bit better. So There is a concept called the dark triad and it consists of narcissism Psychopathy and Machiavellism Narcissism again just like we talked about it's an inflated sense of self Most of us if not all of us have a little bit of narcissism sometimes it shows up as you know an overt I think I'm better than everybody Other times it shows up as kind of like we were talking about the helpless individual where it's like my duty God has called me to sacrifice myself for other people in a way that is narcissistic But then we get to psychopathy and I would group sociopathy in that part of the triangle as well The difference is and again, I'm not qualified to go into too much detail But the difference is psychopaths are born sociopaths are made right The psychopath is that kid who was born with the part of his brain who that that governs Empathy It just doesn't work Those are the kids who torture birds And kill rats they don't feel bad when another kid is hurt You know, it's not That they're a bad person per se. It's like they don't know how to feel their brain doesn't work like that Now the difference with a psychopath and a sociopath is a sociopath is Essentially the same but something happened in their life that turned them into that Something happened in their life that turned off that part of their brain Right. So these are people coming from the hood coming from the slumps. I had to turn into a gorilla I had to turn into a a demon You know ghosts from power perfect example sociopath They have feelings. They have the capacity to empathize But their environment does not reward that so they have they've had to turn off that piece of them that human part of them to survive to operate to thrive and Then Mark Uvelli ism is basically learned Sociopathy I Would say academic sociopathy, right? And you know this book by a Nicola Nicola. I'm sorry Nicola Mark Uvelli. It's called the Prince It's where that term comes from because basically the Prince talks about how to navigate the world as a prince to Maximize and optimize benefits for yourself One of the examples that stuck out to me in the book It said that a good Prince would assign His best and most ruthless general to go conquer, you know a village for instance Right and he assigns him and tells him I want you to rape. I want you to pillage. I want you to I want you to fuck shit up basically and You know the that general who might be a psychopath might be a sociopath The hell yeah, yeah, I'm gonna run through that motherfucker now The book says that as a prince After he has claimed that land for your setup for you The very first thing you do when you ride in the town is to publicly assassinate that general Hang him set him on fire, whatever you need to do because you want to earn the favor of the people Now from the people's perspective He is their savior not knowing that he was the one who released the hellhound in the first place You know, some of you guys are familiar with 48 laws of power by Robert Green. I think that's also an example of Machiavellism right it's how to be the courtier You know how to wield power without it being so obvious that other powerful about powerful people Make you a target same kind of Same kind of concept now. What's interesting? Apparently Machiavelli he wrote this book not to turn people into sociopaths But to teach people how to spot sociopaths According to him now that might be bullshit that he said To clear his name but according to him it wasn't about teaching people how to be vile but it was about teaching other people how to you know, identify the behaviors of certain bad actors now This is important because again, since I'm turning the Flashlight to us. It's important that we have the ability to spot identify These people to spot identify people who are Putting us in lose win situations Where they win and we lose or lose lose situations where we both lose and using our emotional Aspirational Ideas To really you know Actualize their mission right and jay Morrison situation. It was the 27 acres of land that you know He quote-unquote got from treff. It was the $800,000 house that he got from treff. It's the 200 to $300,000 a year that he's paying himself From treff as the fund manager It's the other unnecessary money that he's spending on general and marketing and His his team who isn't doing anything Because if you're a real estate fund and you're spending more money on paying people for doing nothing and paying yourself then real estate kind of a clear sign that Either there's severe incompetence or there is some Bandit hood happening and you know to his to his credit. I don't think Jay is Stupid because a lot of this stuff that he's doing is very complex Right, he's he's working within the margins. He's playing by the rules and I you know one of the things that was unfortunate for me to learn about Life, you know, it was one of those like damn. I'm an adult moments was the difference between good people and bad people are just People who get caught versus people who don't Like on a high level when you start looking at government Individuals when you start looking at businesses The difference is have you gotten caught or have you not? You know some of the corporations that were familiar with Walmart Walmart is one I know of top of my head, but they're invested in private prisons Right and they would be the same organization to give money to Black Lives Matter in an attempt to brand themselves as altruistic people who are interested in black Development not knowing that they've built their fortune on black exploitation But again, if we as a community continue to focus on what shit looks like Versus what shit is We will continue to be exploited. I saw The documentary on Netflix about Johnny Depp and Amber Heard And one of the things that came up is the fact that during you know during the divorce and I believe she won like 13 million she pledged to give all that money to to charity right specifically to battered women and DV and things like that and During this new trial it was brought up that she has yet to give any of that money to charity and She defended to herself by saying that yes, I pledged I Pledged Now that doesn't mean I'm gonna give it is just that I pledged again optics so Ballerinas What we see versus what it is All right, when you see ballerinas, they're graceful. They're beautiful They're standing on their the tips of their toes what most people don't realize is that's what their feet look like because of that right and Whether we're talking about you know on a small scale men and women or a large scale government institutions and Corporations we need to focus on what it is not just what it looks like. I want to play this video real fast I won't play the whole thing, but Some of you guys may have seen it before but I think it's important to really make my main Point down to have a terrific impact on business I'm talking about a new market a big new market Millions upon millions of new prospects with 15 billion dollars to spend. That's right I said 15 billion that's a lot of money isn't it the surprising thing is that it's a fresh market Still full of opportunities It grew up so fast Not so big in a hurry the few of us realize its scope now these days Nobody's likely to pass up chances to sell and yet right here in our own front yard. There's a neglected market There's money waiting to be spent to get the story of this market to be able to tell you the secret of selling the Negro We did a lot of digging we talked to leading business man the customers and the salesman We went to Washington, DC We set up cameras and other key points around the nation and out of this all there emerged a story the story of a new market This is the market. We're talking about the new Negro family Their name is Wells or Wilson Smith or Brown or Alexander or Breen They live in Chicago in Atlanta or New York in Detroit, St. Louis, Los Angeles any one of a thousand cities and towns All over the country families such as this are enjoying new prosperity They have new interests new standards of living a buying power. They've never enjoyed before They're good prospects for practically all types of goods and services prospects Why because of some good valid reasons? Because of mistaken ideas Because of out-of-date ideas about how the Negro lives and how he buys The truth of the matter is that the Negro lives pretty much the same as other folks He buys pretty much the same way too But just the same a lot of old doubts and opinions keep cropping up over and over again I don't like to do business with Negroes. They're drifters. You can't keep track of them Yes, although a lot of people think that way The truth is that one out of every three Negro families living in cities today owns its own home That figure comes directly from the United States Bureau of Census Maybe so but Negroes are poor credit risk Not more of a credit risk than any other group Actually, the Negro home buyer meets his payments faithfully Often more faithfully than other race groups in the same economic level That's the information we got from people who want to know the National Association of real estate boards well Maybe but I've always heard that Negroes buy shoddy poor quality merchandise No, it's just the other way around According to leading researchers in proportion to population and income Negroes buy more quality products than any other comparable United States group You see there are a lot of confused notions about the Negro customer But when you dig right down and find out about them, they just don't hold water Negroes own homes. They meet their payments faithfully. They buy good brands of merchandise So why let a lot of old-fashioned ideas hurt profits? Take a look at the real facts Here in Washington, DC, the nation's capital, some amazing facts and figures about this new market have been uncovered For a first-hand report, we would like to take you directly to the United States Department of Commerce To hear this story from the Secretary of Commerce himself Here is the honorable Sinclair Weeks, the Secretary of Commerce of the United States In the Department of Commerce We are constantly alert to trends that mean a healthier national economy Better business for the nation as a whole Recently we have been interested in a rising young market, one that represents a huge potential for goods and services I'm referring to the new Negro market The tremendous buying power of this group is backed, of course, by an increased earning power The average Negro family's income is at a record high In fact, since 1939 it has increased More than the average income of all other Americans Just take a look at a few figures An official Department of Commerce report shows that at least one-third of the Negroes living in cities earned from $2,000 to $5,000 a year Today the average Negro wage earner brings home a paycheck four times larger than the one he collected in 1939 As a whole, the Negro market Has a total income of about $15 billion every year And after taxes Negro families still have many billions of dollars to spend Here is a buying power that cannot help but have a tremendous effect on our national economy and on business prosperity in general When these dollars are spent for a wide range of goods, services, and employment Business everywhere is bound to feel the impact This new buying power has resulted So if you guys get a chance Head over to YouTube and check out that video. It's called The Psychology of Selling to the Negro And what stuck out to me in that video It talked about basically the fact that the Negro Refuses to not buy name brand Or not buy quote-unquote quality I saw a stat a few years ago that black Americans own the highest number of Mercedes in the country Despite not being anywhere near owning the most wealth And again it goes back to our fixation on optics And why we are so vulnerable to continue to get got by Jay Morrison I don't know if you guys have seen this but this was the video to launch the Tulsa Real Estate Fund And I want to see how many red flags you guys can spot from this video An economic vehicle for the revitalization of the urban community A transparent and regulated fund built on the mission to stop gentrification To allow us to pull our resources, our talents, and treasure together To rebuild our communities, to support one another To sharing the risk, to sharing the profit To sharing the legacy of the 21st century Black Wall Street 21st century Real Estate Fund For us, Real Estate Fund Join us So put in the chat how many red flags you guys saw Mike says seven already He says eight now I can tell y'all right off the bat Companies with gold logos are usually bullshit Unless it's a spa or a clothing line backed by a whole bunch of money But serious companies, especially one dealing with finances Not opting for blue, which is a color that symbolizes stability But going for gold, a color that symbolizes luxury and opulence Is a red flag A rented big mansion Is another red flag A whole close up of the Rolls Royce logo Is another red flag Because unfortunately our people associate opulence with wealth Real wealth is quiet Real wealth is covert Real wealth knows how to hide in plain sight But unfortunately part of the reason we're so susceptible to the James Morrison's of the world My Nigerian brother Is the fact that we are so easily impressed by He drives a nice car He lives in a nice house He wears nice suits He must know something about money Not knowing that he might have returned that suit after wearing it He might have rented that car He might have rented that mansion Right now in the social media generation People are actually renting the shells of private jets to do photo shoots So they can convince their friends and their social media following that they're living a life that they're not And now they're making more money off of convincing people that they're living a certain life Than actually doing business to afford that life And again, 8% return Which supposedly was going to beat the market Also, bullshit And the funny thing is, it was possible because he raised this fund right before COVID So there were a lot of motivated sellers If there was any time to fix and flip or to buy an apartment building or to buy, you know, money Properties that were going to generate revenue in the short term and in the long term It was then So there's a man who fumbled an $11 million bag because he was more interested in keeping up this facade of being a millionaire than actually investing wisely This is who fooled us You know, one of the things he kept saying He, number one, kept saying that God put this on his heart to do this fund for the people To commemorate Black Wall Street, Tulsa, Oklahoma And the only person who has had this level of audacity was Marcus Garvey And you guys know as a pan-Africanist, I'm a big fan of Marcus Garvey, you know One of the things he was known for was the Black Star Line Which was a ship that he was planning to buy to not just transport some of our African-American brothers and sisters back to the continent But also establish trade with Africa Like really actualizing the pan-African dream Another thing that he did, he set up a toy factory to create Black baby dolls, Black female baby dolls Because he wanted to re-establish Black girl's sense of beauty early So they didn't have to aspire to whiteness and aspire to white beauty At the time, this was like 1915 Obviously, he was met with a lot of resistance He was met with a lot of backlash But even now, when you hear people talk about the Garveyites They talk about, like there was one lady, a documentary I was watching She said that she remembers that her grandpa, who was a janitor Would come home from janitorial services Go change into his Garveyite uniform and regalia in the whole nine And just sit in the living room And she basically made the point that, despite the fact that he was a janitor That was the only time during the day that he felt like somebody So the power of aesthetic, the power of image is real Even Frederick Douglass, speeches and work aside One of the most vital things that he did was take pictures And a lot of people aren't aware of this But Frederick Douglass was one of the first Black men who didn't take pictures like a slave He took pictures dressed just as well, if not better than the white folks Looking right into the camera, not looking down, not looking away And it reinvigorated Black people's sense of self, sense of dignity In a world and in a country that wanted to stifle that So I'm not sitting here saying there's no power in presentation There's no power in what it looked like, especially for our people I'm just saying that it's time that we move past that And not just focus on branding, not just focus on the veneer, not just focus on the curb appeal But focus on what it is Now like I said, if you want more details of the contractual aspect of the Tulsa Real Estate Fund Go check out Julian Gordon's channel, he actually breaks down the numbers He shows that Jay Morrison named himself CEO, CFO, CMO And basically he gave himself every single authority possible to do with this fund what he saw fit He also showed where the money is going And you would think that most of it would be going to real estate But real estate might be the least funded aspect of the Tulsa Real Estate Fund They've probably spent more money paying people for doing nothing than actually buying real estate And some of the people that they're paying are just Jay Morrison's other companies So again, the dude is not stupid, he's using clever accounting Which is unethical but it might not be illegal But again, I'm not qualified to make that distinction, check out Nathan Daly's channel He did a breakdown of that as well But yeah, in Atlanta for instance, I don't think it's any I don't think it's strange that a lot of the real estate agents, the female real estate agents that you see Because again, I worked in Atlanta when I was a loan officer And part of my job was to try to build business realtors And a lot of them were former strippers It seemed to be an industry that a lot of people who might have lived an unethical life jump into So I would just say I'll be wary, I'll be aware And in a city like Atlanta where it's all about opulence, it's all about pretentiousness It's very easy for us to get a trade But again, I want to hear y'all's thoughts Anybody want to pull up? I'm going to drop the link down in the chat This might be the longest I've rambled, but I wanted to do a live case study And really the message is just you know, just like with men, men's bullshit We have to focus on women's complicity For women's bullshit, we have to focus on the ways that we enable the shit And with scammers, we have to focus on the same thing The ways that we enable ourselves being exploited and then want to cry wolf So yeah, I want to hear y'all's thoughts, click the link in the chat I'm only going to take three people and then I'm going to call it a night Man, they didn't mute it this? What the hell? Also, there's a profile on Instagram, follow, underscore the underscore paperwork Man, I don't know who this is, but they've got details upon details upon details About the fraudulent nature of this Tulsa real estate fund So yeah, make sure y'all check that out Also, I found it interesting, his wife, Ernestine Morrison, she's an actor If that's not ironic, I don't know what is, she is an actor and a poet So she's either one of the bandits like Slide 1 talked about Or she might be just so incompetent that she doesn't know she's laying up with an unethical swindler Today is the manifestation of our ancestors daydream We need moments like this, times in history where we realize that we are all we need That the next step after civil rights is civil rights If we want economic development, that's on my watch And I said, but what does a black Wall Street look like in real life? We're celebrating and about to do a ribbon cutting On the Legacy Center in the great city of East Point And looking at the number of people who have gathered from across the country today in the great city of East Point I'm just like, oh, we're waiting We've all got different buildings and tour and we tried to look for, God let us right here in the city of East Point We're 24% of the population lives below the poverty line These are your dollars at work What happens is when you have people like Mr. Morrison and Mrs. Morrison with an idea to bring all of us together A space where we can work together and be together and be ultimately wealthy We are standing in that new age black Wall Street And not only will we start here, but we will have multiple black houses, multiple legacy centers across the nation But we will create jobs and boost the economy and communities that serve people who look just like us So we should be very proud of the accomplishment that the folks here have done to get this building up and cut this ribbon Let's not let this be the last investment that we make together, alright? Go back wherever you come from and tell everybody, King and Queen, two people who really love us And they are dedicated to our success and to the solutions that will actually help to heal the black community You know, one of the things I wanted to include in this is the church piece If you guys don't know now, Jay Morrison and his wife are devout Christians and they are leaning into theology, right? Which isn't surprising, because what's the saying, don't ask for permission, ask for forgiveness And two of the soft spots that we have as black folks is, you know, we like shiny things And we also love the Lord, right? And, you know, kind of like I said during one clip, this God, God is king, queen paradigm that we've been pushing to kind of Overcorrect for how we've been made to feel and to move like dirt It really betrays that same narcissism that we talk about, right? Because you can't hold God accountable, you can't hold a king accountable So people who are moving in that God is God, king, queen, energy tend to also have that same mentality of, I'm beyond reproach Right? So, again, I don't have all the answers, y'all, I just have all the questions But I hope some of this was insightful I hope maybe I touched on something that you guys might not have considered But definitely check out Julian Gordon's breakdown, he's kind of the fire starter If you guys see him in the corner, he's kind of the ghost figure with the red eyes Seems like a brilliant brother, seems like a genuine brother Also, this dude, the whole time I was looking at his presentation, even the Google doc that he came up with Prior to the meeting, this dude is thorough This brother is thorough And we need more thorough brothers, not just brothers who look like they're thorough But yeah, leave your comments down below, appreciate you guys tuning in If there was something that you think we can build out further, some aspect of this that I touched on that we could build out further Please comment below, let me know, hit me up on Instagram Threads, even though nobody's using that, TikTok, Snapchat, whatever you want to do But yeah, I'll catch you guys in the next one And also, if this was helpful, hit that catch app if you can, help us keep this thing sustainable But yeah, I appreciate you guys so much, hope you guys have a good evening, have a good weekend, and I'll talk to y'all soon, peace