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KBLA Talk 1580. We are broadcasting from there right now.
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Rest in peace, Pac. We miss you still. And I'm
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really excited because there's so much confusing economic news right
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now and so many bizarre claims going on that we
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need someone who is truly, truly well-versed in these matters
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to help us understand what is going on. She She's
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a pioneer in the field of economics, research focusing on
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the labor market, public policy, and the impact of policy
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on women and people of color. She's from the Bay,
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like me. She went to Boston College for her B.A.
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and got that Ph.D. in economics from MIT, which is,
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of course, one of the most storied institutions in the nation.
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She's former president at Bennett College. Dr. Julianne Malveaux, good morning.
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Good morning, Dominique. How are you?
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I'm blessed and confused. How are you?
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Well, first of all, as long as you have a
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buffoon running this country, you're going to be confused. I mean,
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I don't know. I mean, we're going to talk about
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the economy, but, you know, low points. Cash Patel testimony.
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Did you see? That was crazy.
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This guy's the head of the FBI?
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He would not even say that bestiality would disqualify you
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from being an FBI agent. Yeah. What are they promoting? Bestiality.
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I mean, at that point, I spilled my tea.
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You know what, Doc? When I saw that, I'm thinking
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to myself, she's talking about FBI Director Kash Patel defending
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the fact that they have changed the policy that of
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FBI applicants to where you can now have bestiality on
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your record and it's not a disqualifier. And just, that
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was so oddly specific. He said that people are human
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trafficked and forced into bestiality and those people, which he
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acted like was a huge group, should be able to
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be FBI agents. That was oddly specific.
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Well, the.
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It's like legal freedom. You know, sanctions freedom.
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Where is PETA when we need them?
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It's just insanity. Yeah. But that's not, you know, that's
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not the worst of it. I mean, there's just so
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many things that happen every day where you say, are
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they serious? I'm laughing because I can't.
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Believe you just said that's not the worst of it.
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Our FBI director is testifying in support of bestiality, and Dr.
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Malvo goes, but that's not the worst of it. That's
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where we are right now.
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Day to day to day, they're doing something. I mean,
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one of the things that we should talk about a bit,
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because there is a public comment period, is the proposed
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changes to the census. So they only want to count
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legal citizens. They don't want to count. I mean, they
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haven't even put the whole rule out. They just said
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that's what they want to do. And the challenge with that, Dominique,
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is that states don't provide services based on your legal status.
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You don't get on the bus or on the highway.
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They say, before you get on this highway, let me
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see your citizenship papers. We don't even have citizenship papers.
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But they're moving to the point where they don't want
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to count people. And it makes a huge difference in
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states like California, you know, probably Texas, but they don't care,
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where if you have a large percentage of undocumented people,
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it affects the money that people are going to get
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for services, like transportation. You know, that census is used.
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There are about 320 programs where allocations are a function
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of the census count. So states that have a large
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number of undocumented people are going to end up getting
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less money.
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Well, and that's probably the goal, right? I mean, but
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to your point, they're still driving on the highway, so
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the highways still need to be fixed, so those dollars
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still need to be there. Does that mean, because I
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have not been tracking that, Dr. Malveaux, does that mean
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they won't count permanent residents or they only want to
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stop counting undocumented?
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I'm not really clear about that, but, um, in my
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last newsletter, which I hope you got, but you may
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not have, we're working on some things. Well, I, I
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break it down in terms of, um, you know, basically
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what it means in terms of Medicare, uh, just a
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number of programs that are, the money is directly a
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function of the census. Yeah. And so it affects schools also,
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you know, what, what money goes for schools, especially for, um,
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poor kids in crowded districts, it's just going to make
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a lot of things worse. And there's a, you know,
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there's a public comment period that goes until, when is
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that public? It goes until mid-October. I think like October 15th,
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where the public can comment. So Dominique, I hope that you,
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and you know, of course, Brother Tavis, who has something
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to say about everything, So I hope from that perspective
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we'll have something to say about this. In the public
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comment period, we do encourage people to say, I mean,
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you don't have to be the head of an organization.
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You don't have to be well-known. Anybody can make this comment.
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Okay, yeah, I'm looking at this article. They want to
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exclude undocumented immigrants, asylum seekers, and anyone without permanent status.
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So I guess green card holders... Would be counted, but
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who knows with these folks. And then what I had
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been tracking was that they were planning to take away
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questions on race, ethnicity, and LGBTQ plus identity, which is
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to me, you know, a whitewash.
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Exactly. Just because you don't count us doesn't mean we're
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going away.
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Right.
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You don't get caught up in your wishful thinking. We're
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still here.
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But the other piece is it changes the voting map, right?
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I mean, they're going to say, oh, you don't have
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this many people there, so therefore you don't get this
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much representation.
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Exactly.
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That's... Yeah, I mean, you're right. Every time I start
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reading the news, there's one more thing and one more
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thing and one more thing, and they're major things that
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they're changing, breaking, eliminating.
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And.
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The U.S. traditionally, you know, the New York Times has
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an article about this today about how, you know, we've
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always been seen as this sort of stable global economy.
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But that's changing, right? Because our debt is getting so high,
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the tariffs, the sanctions, random sanctions, and people don't want U.S.
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bonds anymore anymore. Um, and we're, so what does that
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mean for us as a country for regular people?
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It means less revenue. The government will have less revenue and,
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or we'll have to go into more debt. And our
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debt has suddenly become our bonds. Well, that debt is bond,
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bond by people buy bonds and then we owe them.
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But if we, and we sell them at a certain
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interest rate, that's supposed to be attractive. But if we don't, um,
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If our bonds are less attractive, people won't buy them.
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Other countries won't buy them.
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Right.
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And that means that either we sell them at a
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different rate, which affects our own revenue, or we end
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up being the global debtor, which we already are. I mean,
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our debt has gone... I think our debt is.
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$ 40 trillion, according to the New York Times. $ 40 trillion.
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That's crazy.
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Yeah, we passed that mark the last week or so.
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So.
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It makes our economy much more precarious. There was a
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time when people saw, as you said, saw our economy
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as stable, saw our products as attractive. People wanted to
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come here. Now, who wants to come here? That man
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is perhaps selling visas to high rollers, but aspirationally, If
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you went around the globe to some of the most
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impoverished developing countries, people want to come here to get
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their degrees. Our education system we've seen is one of
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the best. Now, eh, not so much. And BRICS, of course,
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BRICS is kicking our butt. People are looking at BRICS, Brazil, Russia,
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et cetera, looking at those countries and saying, does this
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provide an alternative to the United States? And when we
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look at that what's interesting is, you know, the Russian
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influence is something we need to be concerned about. But
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we also need to be concerned, we have lost our eminence.
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Once upon a time, I mean, we here in the
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United States, especially those of us who are black and brown,
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you know, we looked askance at our country and we
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were very critical, as we should have been, but we
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also undeniably understood what our strengths were. Those strengths, the
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racism that underlies this administration, the instability that is a
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part of this administration, really weakens the country internationally.
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Economist Dr. Julianne Malveaux is my guest. I want to
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talk about those $ 5, 000 promises. I want to talk about
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the Trump accounts, which seem to be a PR success.
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Are they a real success? That and more when we
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come forward with one of the globe's leading economists. All that,
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only right here. Okay, Dr. Julianne Malveaux is with us,
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and she is an economist and an author, by the way.
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She's got a newsletter. If you want to subscribe, you just...
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Email Malvo Newsletter. That's right. Malvo Newsletter, Gmail, and then
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say subscribe, if I'm not mistaken. Yeah, that's what I do.
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And you want to get this because, you know, as
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the mainstream media becomes more and more subservient to the
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White House, it's important to have alternative voices, right?
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We got, you know, the corporate media is shutting people out.
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Yeah.
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And shutting ideas out. And, you know, as opposed to,
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I mean, I always think about, I can't do it.
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There's a song and it says, at the end of it,
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it's like, doo-doo-wop, doo-doo-wop. And I think the corporate media
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is like a doo-doo-wop. You know, they're repeating, you know,
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and without analysis, not all of them, but many. You know,
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wouldn't you get a disruptive idea on the air? Unless
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you're using small media, independent media, you know, stations like
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Tavises Station, or like Pacifica. You know, if any of
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you all are, by the way, this is illegal, but
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I'm going to do it anyway. If you are members
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of Pacifica, that will be KPFK, I believe.
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Okay, here she is shouting out our competitors, but okay, Dr. Malvo.
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No, but it's like this, Dominique. I am running for
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the chair of the Pacifica board.
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Oh, that would be great.
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They are shutting down 30 black and brown programmers in Texas.
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lost their program because of these people who are, they
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want to make Pacifica more uniform and more corporate. Yeah. So,
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so your girl who cannot be either one of these
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people just don't provoke me because it ain't going to
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turn out right. And this woman said some stuff about, well,
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you know, the, the woman who was the chair, they
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need to have more uniform programming. We got stations in LA,
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Bay area, New York, DC, and Houston, Texas. Those disparate
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group of distinctions have different kind of interests. We have
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Spanish language programmers. They want to cut that out. So, uh-uh.
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Someone said, well, somebody has to be able to beat
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this woman. Was I not provoked? Yes, my behind was provoked.
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I'm like, okay, I'll do it. Now, I'm not saying
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that I can win. Well, I could win. I'm not
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saying that I will win. But we have put the
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fear of God under them. And they've been doing stuff
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like kicking people off of our slate for whatever. If
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you disparage them, you can be kicked off the slate.
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So two of our four members have been kicked off
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the slate. Yeah.
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Well, knowing you, you need to tread lightly because, you know,
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you're like me. You can cut. Your word is mightier
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than the sword for sure.
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Well, the temper is alive and well. We had a
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meeting yesterday. And two of my colleagues actually walked me
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out of the meeting twice. They're like, you can't stay
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in there because you're going to lose your temper. And
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so I walked out and I calmed down and I
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went back in because I couldn't say anything because this woman,
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this national election supervisor is watching all of us like hawks.
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That's how we lost his brilliant brother who was an
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accountant for a healthcare system. And he was running for treasurer.
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Well, good luck to you. Good luck to you on that.
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I mean, that, That would be a major coup for sure,
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but also you're taking on a major headache. So good
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luck to you on that.
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Well, I don't mean to shout out the competition. People
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can listen to more than one station.
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Absolutely, they can. And we have an app so you
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can listen on your phone, take it with you wherever
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you go. So look, Dr. Malveaux, I feel like Trump's
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having a lot of failures. His approval rating is way down. Um,
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and I, I guess some people believe they're going to
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get a $ 5, 000 check, but many don't. But, but, but,
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but the Trump, uh, the Trump accounts seem to be
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a PR success. People feel like, you know, okay, they're
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going to get money, free money and accounts for their kids.
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He's claiming that they're going to make a millionaires out
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of these children. Um, what, what am I missing? Um,
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You know, he's cut child care. He's cut funding for schools.
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He's cut SNAP benefits so kids can't get food. But
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they're saying this $ 1, 000 deposit for every newborn is going
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to create a bunch of millionaires.
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And I have a bridge in Brooklyn that I'd like
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to sell you.
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Okay.
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First of all, this so-called Trump account is a direct
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ripoff of a black economist, Derek Hamilton, who wrote about
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baby bonds, you know, so that babies would have an
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investment in their future. When they were born, they would
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have this baby bond. It's similar to the Trump idea,
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except for the fact that Derek's explanation is much more
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elegant than And it really talks about, you know, so
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that by the time you're 18, if this thing is
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compounded interest, et cetera, it could potentially pay for your college.
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It could potentially put a down payment on a business
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for you or a car or a house. It will
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cost money. But the way that Trump has it, and
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I haven't looked at all the details, it seems to
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be quite different, and it's not capped. So the wealthy
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people can.
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Take advantage of it. What about poor people? Because this
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requires more of your own funds involved in the picture.
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I have not looked at his latest iteration. I listened
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to him. First, it's going to be the baby bonds.
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He's going to call them baby bonds, Trump bonds. And
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he also wants to give everybody $ 5, 000 if the Republicans win.
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But he can't do that. First of all, he can't
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do any of that without the acquiescence of Congress. Congress
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holds the purse strings. People have to remember that. Congress
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has to decide on an appropriation. He doesn't get to
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do that. Now, unfortunately, this Congress seems to want to
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roll over and play dead for him. But guess what
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with that? Democrats have a real chance, a real chance
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of taking over both the House and the Senate. The
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Senate is a longer shot, but it's still possible. Yes.
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I was just reading an article about that in the
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New York Times also where they're saying the outlook is rosier. But,
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you know, of course, we're all scared of polls these days.
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But I thought the other thing, I thought that the
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Trump accounts were supposed to be privately funded because I
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remember all this big hoopla about some people donating to them.
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But now I'm reading the money is coming from the
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federal government.
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Yes. And so.
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Can we afford that?
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No. No, but the $ 5, 000 would cost us $ 1. 3 trillion. $ 1. 3 trillion.
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If everybody got a $ 5, 000 check. But again, Congress has
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to do that. I hope that Congress is not that stupid,
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but in this era, who knows? So that's number one.
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But when he's up against the wall, He sells all
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kind of spits. All kind of wolf tickets being sold.
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Yeah, I'm reading this guy, Justin Wolfers, out of University
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of Michigan, saying that because there's a maximum contribution of $ 5, 000
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a year to these Trump accounts and they're shielded from taxes,
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it actually creates a tax advantage for wealthy families because
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most poorest people can't put that $ 5, 000 in there every year.
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They're just going to have the $ 1, 000 that was put
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in by the feds. So it could actually end up
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increasing taxes the gap between rich and poor. Does that
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sound right?
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That does sound right. Absolutely. Yeah. He's a, he's a
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good economist. He has, he has offers good, um, good analysis.
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So, and, and it also tracks with the Trump agenda.
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I mean, you know, creating another tax shield for rich
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families and dressing it up as some kind of savior, um,
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financial savior for poor families is sort of like the
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perfect policy, um, for this president.
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Exactly. But that's what he's been doing since he got in.
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And in the first term, he was less blatant. But
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this term, he has a bunch of sycophants who are
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willing to let him get away with whatever he wants
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to get away with.
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Yeah, I mean, I'll take the $ 1, 000. You know, if
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I had a newborn, I'd take the $ 1, 000. But I always,
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I look at everything he does with a side eye.
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We're talking with Dr. Julianne Malveaux. We'll continue the conversation.
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After news, traffic, and sports, only right here. She's a pundit,
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an author, and a world-class economist. Now she has a
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00:19:44.089 --> 00:19:50.660
newsletter you can subscribe, but just simply emailing malvonewsletter at gmail.com
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00:19:50.720 --> 00:19:54.000
and she will sign you up for free. And Lord
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knows we need the information right now. Okay, affordability, affordability, affordability.
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Everyone's talking about it. No one's experiencing it. The president,
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I call him the resident, Dr. Malvo. The resident seems
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to just brush it off and keep it pushing. Can
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politicians really impact affordability? I mean, I guess he could
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stop making more and more tariffs, but can they bring
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it down? Can they impact it the other way?
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Well, everything has become so much less affordable because of
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policies from this president and from others. There are things
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we could do to make things more affordable. In many cities,
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like L.A. as an example, zoning rules to be altered
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so that more housing could be produced. Now that's something
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that wouldn't happen overnight, but it could happen. Uh, if they,
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I mean, there are many cities, San Francisco is one
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of them that have restricted, restrictive zoning laws because wealthy
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people want to keep their space. That space could be
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space that somebody could live in. Um, public lands could
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be converted into, uh, houses, affordable housing or apartments or
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something like that. There, you know, there are discrete things.
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I mean, right. You know, getting peace with Iran would probably,
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you know, would probably bring down gas prices. Right. But
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what about things like what mom Donnie is talking about
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in New York, like a public option for markets, public
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options for banks? Would that, could that bring prices down?
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But for markets? Yeah, absolutely. And, you know, Mamdami has
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talked about state-owned or city-owned grocery stores. There are a
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number of things. You could, we could put a tax
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advantage in collectives and cooperatives so that people would be
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able to do more collective things. A paper that I wrote, Mamdami,
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probably 40 years ago, and I'm looking for it, talked
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about how we could structure our tax system So let's
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say you have three single moms and there's a triplex apartment,
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you know, you do three, three, an apartment on each floor.
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How could we structure the law to make it easier
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for them to coexist? I mean, I, you know, in
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my youth, I was quite interested.
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You've always been interesting.
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But what I thought about was, okay, let's say you
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have three moms in a house where they have three floors.
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One of them might be the babysitter or the childcare mom.
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She still will get her place and the other two
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will be working moms. Now, it's kind of far-fetched, but
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not really. People are looking at these kind of things
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more and more. What does not help them is our
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tax code. And so we could change our tax code
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to make opportunities like that easier to come by and
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create some kind of a nonprofit so that these folks
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would get the kind of counseling they needed. so that they,
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you know, to just circumvent any tax drama.
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Yeah, what about social housing like we hear about in Europe,
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which is really the government getting into the housing business,
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but when we're starting to see these numbers that the
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unhoused are, a huge proportion of them are older Americans
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who cannot work full-time anymore and can no longer afford housing.
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Oh yeah, no, if we were creative, And if we
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believe in the right to affordability, the right to affordability,
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we could do a lot. You know, we could do,
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I mean, the health care issue, of course, for many
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people is the hugest challenge that people deal with. Medicare,
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et cetera. But what could we do? We could do
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a lot about that. President Obama took a step in
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the right direction. with the Affordable Care Act. It wasn't perfect,
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but it's better than the status quo. Now they're trying
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to strip some of the provisions out of that. And
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then in terms of affordability, in Washington, D.C., the state
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minimum wage, we do consider ourselves a state, is $ 18. 75
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an hour. Well, that's not a lot of money, but
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that's more than many states just use the federal minimum wage,
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which is $ 7. 25 an hour. And the tip minimum wage, Dominique,
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as you know, is $ 2. 13 an hour.
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Yeah, that is mind-boggling. So that's another thing that could
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help with affordability, is raising the national minimum wage. It
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seems like neither Republicans nor Democrats have the will, the
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political will, to do it, though.
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And it's been the same thing for now 11 years.
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That's not controversial. It would be wildly popular. I guess
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it's controversial to corporations. Is that the reason why it
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doesn't happen?
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Exactly.
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That's crazy.
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Every time the notion of increasing that minimum wage, you
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get these corporations, you get restaurants whining, well, it's going
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to cost so much, people won't come to eat. Not
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only do people come out to eat, but what I've seen,
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and I've talked to a bunch of people who look
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at this stuff, Americans are far more generous than we
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expect them to be. Now, everybody doesn't eat out and
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everybody doesn't eat out every day. However, those who do
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eat out understand the burden that these people who are
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getting $ 2. 13 an hour, the burden that they are shouldering.
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And many tippers, not all, but many tippers are quite generous. Yeah.
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You know, they do the 20% and they don't complain.
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They sometimes do a little more. I wish we were
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closer to the European system. Actually, I was in Paris.
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A few years ago, and I left a 20% tip,
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and the young man came back and gave it back
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to me.
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Yeah, because they get a decent wage, so they don't
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need the tips. A lot of folks are trying to
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move that way because of this tip creep, you know, where,
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especially on the apps, they're trying to make you pay 25%,
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30% so that they can, you know, sustain underpaying people.
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So that's the flip side of the tips. And, you know, it's...
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Go ahead.
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They have the automatic thing in there. Right. It's ridiculous.
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And then a friend of mine and I went out
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last week. They have all these surcharges, but then they
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want you to pay a 20% tip on top of
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the surcharge. So they have a... Yeah. Anyway, watch your check, people,
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when it comes. Tip on the amount, you know, tip
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on the amount of the check, not all those surcharges.
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But also... Think about the people who are serving your food.
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You don't want to piss off people serving your food.
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Yeah. And also, they deserve a decent wage. They do.
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It's just, you know, what I resist is these corporations
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trying to make us subsidize them through tipping.
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No, I agree. Yeah.
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You know, the tariffs. Talk to me about the tariffs.
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The tariffs, the Supreme Court said a lot of them
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are illegal. Not all of them, which is why he
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can still tariff Canada, I finally figured out. But the
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tariff refunds go back to the companies, and the companies
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are not refunding the people. So again, this is almost
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like another, ends up being like a corporate subsidy, right?
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Exactly. First of all, tariffs are a tax. Don't get
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it twisted. They are a tax. You, consumer, will pay
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the tariff one way or another. And so that's the
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first thing to understand. The second thing to understand is
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that tariffs, the Byzantine way that corporations will get refunded
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will mean that it will never trickle down to the consumer.
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You bought something at Target, I'm not picking on Target,
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you bought it at Bed Bath & Beyond, wherever you
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bought it, and the price of the item is increased
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because of the tariffs. Unless they have crazy detailed records,
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you're never going to see that back.
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There's no requirement that they give it back, right? And
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we're talking about $ 100 billion.
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Exactly. Exactly. You know, this is a corporate ripoff.
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Yes. And basically, it is what it is. I mean,
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you just said to disaggregate it would be crazy because
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we would have to have incredibly detailed records. So even
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though it's seen as a setback for Trump, it actually
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falls in line with a lot of his policies, which
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is rewarding the super rich and messing over the average person.
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Punishing the average person and the poor. But see, again...
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People who support that man do not believe that fat
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meat is greasy. What do I mean? So he says
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the sky is purple, and they go out and have signs.
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The sky is purple. The sky is purple. No, the
472
00:29:27.369 --> 00:29:30.170
sky is not purple, and you know it's not purple,
473
00:29:30.549 --> 00:29:32.630
and you know he's not a good person, and you
474
00:29:32.670 --> 00:29:37.130
know what the impacts of his policies are. But they
475
00:29:37.170 --> 00:29:39.559
keep trying to cover them up and say, oh, well.
476
00:29:40.259 --> 00:29:44.000
and one of their cabinet members was in front of
477
00:29:44.019 --> 00:29:47.380
congress and he kept saying well I have to think
478
00:29:47.440 --> 00:29:51.480
about it he's getting pushed really hard by a member
479
00:29:51.819 --> 00:29:54.779
I have to think about it you should have thought
480
00:29:54.819 --> 00:29:57.000
about it before you did it yeah.
481
00:29:58.309 --> 00:29:59.109
They don't think.
482
00:29:59.430 --> 00:30:02.490
They don't care. The bottom line, Dominique, this is an
483
00:30:02.690 --> 00:30:09.170
oligarchy that is all about what I call the vandalism of.
484
00:30:10.869 --> 00:30:11.190
Ego.
485
00:30:11.490 --> 00:30:13.980
It's vandalism. I mean, we could talk for a moment
486
00:30:14.000 --> 00:30:20.259
about the Kennedy Center and what's happening there. So because
487
00:30:20.380 --> 00:30:24.279
the board, Trump appointed, doesn't want to put his name
488
00:30:24.380 --> 00:30:27.150
on the Kennedy Center... They're talking about closing it. They
489
00:30:27.190 --> 00:30:29.150
voted to close it. It's not closing it.
490
00:30:29.170 --> 00:30:31.509
Right, and what Joyce Beattie said is that that's not
491
00:30:31.569 --> 00:30:34.950
really what they voted for. They voted, you know, to
492
00:30:35.019 --> 00:30:40.420
take measures to get their budget in place, you know,
493
00:30:40.460 --> 00:30:43.519
get it under control. But because Trump is the president
494
00:30:43.539 --> 00:30:46.160
of the board and the loudest voice in the room,
495
00:30:46.259 --> 00:30:50.250
it ends up being, we're closing the Kennedy Center. All
496
00:30:50.710 --> 00:30:53.730
because he had a tantrum. But, you know, but I
497
00:30:53.750 --> 00:30:55.259
want to... Go ahead, Dr.
498
00:30:55.299 --> 00:30:57.119
Obama. Let's just take a minute. Let's just take a
499
00:30:57.140 --> 00:30:59.500
minute and shout out Joyce Beattie because she has been
500
00:31:00.180 --> 00:31:03.359
very focused on this. She is the... While he's.
501
00:31:03.279 --> 00:31:05.839
Gotten rid of a lot of people.
502
00:31:05.900 --> 00:31:07.900
By law, they can't get rid of her because there
503
00:31:07.920 --> 00:31:10.880
has to be a congressional representative. So she just deserves
504
00:31:10.900 --> 00:31:14.299
our acclaim and applause in terms of what she's trying
505
00:31:14.339 --> 00:31:14.599
to do.
506
00:31:14.960 --> 00:31:16.680
I mean, yeah, and it sounded like if I heard
507
00:31:16.700 --> 00:31:21.799
her on CNN, it sounded like she... They had an all-out, like, fight.
508
00:31:23.059 --> 00:31:26.420
And she just... determined to stand her ground. I want
509
00:31:26.440 --> 00:31:28.339
to circle back to the tariffs for one second, though,
510
00:31:28.380 --> 00:31:34.619
because I'm reading that the latest ones, the ones against Canada,
511
00:31:35.240 --> 00:31:38.829
are going to hit or are hitting red states really
512
00:31:38.880 --> 00:31:43.049
hard with the impact, right, in terms of the costs
513
00:31:43.109 --> 00:31:49.529
of things and job losses and stuff. Does this impact
514
00:31:49.549 --> 00:31:54.500
the midterms? Do you think that, you know, that the
515
00:31:54.559 --> 00:31:57.420
fact that wages are now stagnating and people are getting
516
00:31:57.480 --> 00:32:01.529
laid off and things are going to be directly hitting
517
00:32:01.589 --> 00:32:04.769
these red states, that that's going to show up at
518
00:32:04.809 --> 00:32:05.509
the ballot box?
519
00:32:07.390 --> 00:32:08.970
I hope so, but I don't know. I mean, some
520
00:32:09.069 --> 00:32:12.230
of these people, they drank the Kool-Aid and they ride
521
00:32:12.269 --> 00:32:16.819
or die Trump. And even though he isn't on the ballot,
522
00:32:16.859 --> 00:32:18.920
he's told people to act like he's on the ballot. Well,
523
00:32:18.960 --> 00:32:20.599
if they act like he's on the ballot, they will
524
00:32:20.640 --> 00:32:26.059
reject Republican candidates. But some of them, like I said,
525
00:32:26.460 --> 00:32:29.720
if that means greasy, they don't. But the farm states
526
00:32:29.779 --> 00:32:37.980
are being especially hard hit. And those are mostly Republican-leaning states.
527
00:32:38.079 --> 00:32:42.460
And you see some rumblings. You see some rumblings from
528
00:32:42.529 --> 00:32:47.009
those states about what's wrong. You see the farmers. Again,
529
00:32:47.069 --> 00:32:49.170
one of my heroes is John Boyd from the Black
530
00:32:49.210 --> 00:32:54.660
Farmers Association. But all farmers are being hard hit. buy
531
00:32:54.700 --> 00:33:03.539
these tariffs. Soybeans, corn, meat. And farmers also depend on
532
00:33:03.640 --> 00:33:10.160
export markets. So what you see is essentially these tariffs
533
00:33:10.799 --> 00:33:14.880
affecting the people that that man purports to care about.
534
00:33:16.839 --> 00:33:20.799
You know, there's so many things with the tariffs. And
535
00:33:20.819 --> 00:33:24.329
the Canadian tariffs, we're starting a war with our neighbor.
536
00:33:26.970 --> 00:33:29.059
It's still a war. It's not a military war.
537
00:33:29.069 --> 00:33:31.069
It's a financial war, yeah. Right.
538
00:33:31.410 --> 00:33:35.019
And we're starting this war with our neighbor, you know,
539
00:33:35.059 --> 00:33:41.019
who's been our closest ally. When September 11th occurred, Kennedy
540
00:33:41.039 --> 00:33:42.880
was the first one to jump in with us and say,
541
00:33:43.039 --> 00:33:46.400
we got you. We're going to start a fight because
542
00:33:46.480 --> 00:33:52.819
that man, you know, honestly, Dominique, sometimes I think he
543
00:33:53.079 --> 00:33:54.119
basically is a Russian.
544
00:33:57.670 --> 00:34:00.369
Like the guy that's paid for his son's wedding. We're
545
00:34:00.390 --> 00:34:03.500
talking with economist Dr. Julianne Melvo. I want to find out,
546
00:34:03.549 --> 00:34:05.609
are we getting the five grand when we come forward?
547
00:34:06.130 --> 00:34:10.179
I'm KBLA Talk 1580. It is election season, so please
548
00:34:10.239 --> 00:34:13.599
mark your calendar. Saturday, October 3rd, History in the Making,
549
00:34:13.659 --> 00:34:17.760
the California Voices. Town Hall and Ballot Forum live from L.A.
550
00:34:17.760 --> 00:34:20.699
8 a.m. to 5 p.m. All the candidates are going
551
00:34:20.760 --> 00:34:22.960
to be there. We hope you'll be there, too. The
552
00:34:23.000 --> 00:34:29.860
event is free, but you have to register. Go to KBLA1580. com
553
00:34:27.940 --> 00:34:31.239
right now and save your spot. California Voices, Saturday, October 3rd.
554
00:34:31.579 --> 00:34:33.320
Come be a part of history brought to you by
555
00:34:33.380 --> 00:34:38.500
KBLA Talk 1580 and the Community Voter Education Project. Talking
556
00:34:38.539 --> 00:34:42.679
with Dr. Julianne Malveaux, we literally have three minutes, so
557
00:34:42.719 --> 00:34:45.440
I likely won't get to all of these topics. But
558
00:34:45.480 --> 00:34:49.719
I wanted to ask you about the $ 5, 000 and also
559
00:34:50.159 --> 00:34:54.119
about this wealth gap that seems to be growing. Does
560
00:34:54.159 --> 00:35:00.219
that lead eventually to civil wars, revolution? And of course,
561
00:35:00.280 --> 00:35:02.079
maybe we'll have to do this on the next show,
562
00:35:02.119 --> 00:35:06.019
but they're talking about the AI takeover of everything. Does
563
00:35:06.079 --> 00:35:09.889
that mean that the virtual dollars, the Bitcoin, the crypto
564
00:35:11.030 --> 00:35:15.150
gets out of control and there is financial global change?
565
00:35:15.480 --> 00:35:17.519
chaos but let's start with the five grand because i
566
00:35:17.559 --> 00:35:20.510
promise answers will we get it is it possible to
567
00:35:20.570 --> 00:35:25.389
get it um supposedly uh senator moreno is will working
568
00:35:25.469 --> 00:35:28.710
on a bill to make it a reality what say you.
569
00:35:30.090 --> 00:35:34.880
It's highly unlikely uh that money it's 1.3 trillion dollars
570
00:35:34.889 --> 00:35:39.360
we're already have a huge deficit where would the money
571
00:35:39.420 --> 00:35:43.809
come from number one increases in no taxes So you
572
00:35:43.829 --> 00:35:47.110
get a $ 5, 000 check, but you have to pay more taxes.
573
00:35:47.889 --> 00:35:50.929
Does that seem reasonable? I don't think so. Number two,
574
00:35:51.090 --> 00:35:58.550
Congress holds the purse to it. Not Senator, not anybody, Congress.
575
00:35:58.969 --> 00:36:01.909
So Congress would have to, Senate and House, would have
576
00:36:01.929 --> 00:36:05.889
to agree on such a thing. Again, with our deficit situation,
577
00:36:06.690 --> 00:36:07.269
not likely.
578
00:36:08.590 --> 00:36:10.909
Yeah, I mean, I'm still waiting for the tariff dividend.
579
00:36:10.949 --> 00:36:13.449
That was supposed to be, I think, two grand. And
580
00:36:13.750 --> 00:36:17.360
there was some other money he promised us. So I'm
581
00:36:17.400 --> 00:36:20.230
not hopeful, but I feel like people are still believing it.
582
00:36:22.179 --> 00:36:25.280
But as we talked about with the Trump accounts, the
583
00:36:25.320 --> 00:36:28.719
data is showing that the wealth gap is growing bigger, bigger, bigger,
584
00:36:28.780 --> 00:36:33.190
and bigger, and the super billionaires are getting richer. What
585
00:36:33.230 --> 00:36:36.730
does that do to the political landscape? Seems like every
586
00:36:36.809 --> 00:36:40.699
empire that has that trend ends up falling?
587
00:36:42.280 --> 00:36:46.619
Well, I think you can see the cracks in our infrastructure.
588
00:36:47.300 --> 00:36:50.739
You can see the graft in our system. If we
589
00:36:50.760 --> 00:36:54.179
just use the reflecting pool as an example, this is
590
00:36:54.219 --> 00:36:59.159
supposed to be, you know, a $ 1. 2 million fix. Now
591
00:36:59.219 --> 00:37:04.250
we're talking about $ 20 million. All the contractors are Trump's friends.
592
00:37:06.340 --> 00:37:10.849
But the rest of us are paying for it. The
593
00:37:10.929 --> 00:37:15.329
sums in the reflecting pool are small sums. They're big
594
00:37:15.409 --> 00:37:19.489
sums as well in terms of this. And then, of course,
595
00:37:21.289 --> 00:37:28.949
baby Trump has a multimillion-dollar wedding funded by some Russian multimillionaire.
596
00:37:28.989 --> 00:37:29.650
What does that mean?
597
00:37:30.530 --> 00:37:31.360
Sounds illegal. What?
598
00:37:32.329 --> 00:37:35.630
What was promised to them for that? Something was promised.
599
00:37:35.670 --> 00:37:38.090
We don't know what. But something was promised, and we
600
00:37:38.130 --> 00:37:38.730
do know that.
601
00:37:39.230 --> 00:37:39.909
Yes, indeed.
602
00:37:40.530 --> 00:37:41.510
Ain't nobody stupid.
603
00:37:43.570 --> 00:37:46.650
Least of all, Dr. Julianne Malveaux. I mean, look, I
604
00:37:46.670 --> 00:37:49.320
feel like when Melania Trump puts out a statement saying,
605
00:37:49.360 --> 00:37:50.840
I wasn't there, I had nothing to do with it,
606
00:37:51.199 --> 00:37:54.280
you know, there's more to see here. And maybe there's
607
00:37:54.300 --> 00:37:56.840
a reason Trump didn't go. You know, he knew this
608
00:37:56.900 --> 00:37:58.820
was not going to look good.
609
00:37:58.840 --> 00:38:03.599
No. No. No, he wants to keep his hands as
610
00:38:03.699 --> 00:38:06.320
clean as he can under the circumstances, which isn't very
611
00:38:06.400 --> 00:38:06.960
clean at all.
612
00:38:07.000 --> 00:38:09.800
Which is hilarious considering all the grifting that he's doing. Like,
613
00:38:10.260 --> 00:38:12.260
this must be really bad if he didn't want to
614
00:38:12.280 --> 00:38:12.889
be seen there.
615
00:38:13.829 --> 00:38:18.389
Exactly. And that's his namesake and his son. And you
616
00:38:18.429 --> 00:38:22.349
didn't go to his wedding? How come? Yeah. But you
617
00:38:22.369 --> 00:38:26.719
pop it around the globe golfing. You know, you don't
618
00:38:26.760 --> 00:38:30.699
mind golfing. You don't mind starting meth in Ireland, talking
619
00:38:30.719 --> 00:38:35.079
about you want reunification. The people don't. I mean, this
620
00:38:35.099 --> 00:38:37.179
man has a bad case of megalomania.
621
00:38:37.760 --> 00:38:39.460
But we would all go to jail if we did
622
00:38:39.480 --> 00:38:43.000
the things that he does. It's time to pass the
623
00:38:43.039 --> 00:38:46.929
mic to Tavis Smiley, Dr. Malveaux. Your friend is coming
624
00:38:46.989 --> 00:38:49.150
up next. But thank you so much for joining us
625
00:38:49.210 --> 00:38:49.710
this morning.
626
00:38:50.719 --> 00:38:53.070
Well, always a pleasure to be with you. Congratulations on
627
00:38:53.110 --> 00:38:56.510
your good work and congratulations to Tavis as well on
628
00:38:56.530 --> 00:38:58.570
the work that he's doing in building his empire.
629
00:38:59.269 --> 00:39:02.590
Yeah, I'm going to go join that group so I
630
00:39:02.630 --> 00:39:05.610
can vote for you. We got to go. Tavis Smiley's
631
00:39:05.630 --> 00:39:08.360
got a great show on deck for you today. Tap
632
00:39:08.400 --> 00:39:12.579
in with me on social media, Duprema Radio or KBLA 1580.
633
00:39:12.579 --> 00:39:15.679
I'd love to talk with you off the air and
634
00:39:15.860 --> 00:39:20.030
tap in with Dr. Malveaux as well. Like my father,
635
00:39:20.090 --> 00:39:24.019
the late great poet laureate of New Jersey once said,
636
00:39:24.039 --> 00:39:27.210
a person is either free or they are not free.
637
00:39:27.510 --> 00:39:32.130
There can be no apprenticeship for freedom. And as I said,
638
00:39:33.170 --> 00:39:35.710
tap in with me. I love to keep the conversation
639
00:39:35.769 --> 00:39:39.369
going offline. Tomorrow we will have Holly Mitchell on the show.
640
00:39:39.449 --> 00:39:43.530
The supervisor will also be hearing from poet Luis Rodriguez.
641
00:39:44.110 --> 00:39:49.000
Until then, I'm Dominique DiPrima, KBLA Delegation One.
1
00:00:00.440 --> 00:00:05.219
KBLA Talk 1580. We are broadcasting from there right now.
2
00:00:05.280 --> 00:00:10.039
Rest in peace, Pac. We miss you still. And I'm
3
00:00:10.179 --> 00:00:16.129
really excited because there's so much confusing economic news right
4
00:00:16.190 --> 00:00:19.809
now and so many bizarre claims going on that we
5
00:00:19.850 --> 00:00:24.379
need someone who is truly, truly well-versed in these matters
6
00:00:25.019 --> 00:00:29.109
to help us understand what is going on. She She's
7
00:00:29.149 --> 00:00:32.500
a pioneer in the field of economics, research focusing on
8
00:00:32.539 --> 00:00:36.320
the labor market, public policy, and the impact of policy
9
00:00:36.399 --> 00:00:39.079
on women and people of color. She's from the Bay,
10
00:00:39.140 --> 00:00:41.799
like me. She went to Boston College for her B.A.
11
00:00:41.859 --> 00:00:46.329
and got that Ph.D. in economics from MIT, which is,
12
00:00:46.350 --> 00:00:50.350
of course, one of the most storied institutions in the nation.
13
00:00:50.369 --> 00:00:56.409
She's former president at Bennett College. Dr. Julianne Malveaux, good morning.
14
00:00:57.630 --> 00:01:00.210
Good morning, Dominique. How are you?
15
00:01:00.490 --> 00:01:02.429
I'm blessed and confused. How are you?
16
00:01:04.170 --> 00:01:06.420
Well, first of all, as long as you have a
17
00:01:06.459 --> 00:01:12.700
buffoon running this country, you're going to be confused. I mean,
18
00:01:12.719 --> 00:01:14.959
I don't know. I mean, we're going to talk about
19
00:01:14.980 --> 00:01:21.310
the economy, but, you know, low points. Cash Patel testimony.
20
00:01:21.329 --> 00:01:23.569
Did you see? That was crazy.
21
00:01:27.250 --> 00:01:29.890
This guy's the head of the FBI?
22
00:01:31.109 --> 00:01:35.870
He would not even say that bestiality would disqualify you
23
00:01:35.969 --> 00:01:41.890
from being an FBI agent. Yeah. What are they promoting? Bestiality.
24
00:01:42.920 --> 00:01:45.400
I mean, at that point, I spilled my tea.
25
00:01:46.260 --> 00:01:48.859
You know what, Doc? When I saw that, I'm thinking
26
00:01:48.879 --> 00:01:52.900
to myself, she's talking about FBI Director Kash Patel defending
27
00:01:52.939 --> 00:01:55.920
the fact that they have changed the policy that of
28
00:01:56.459 --> 00:01:59.900
FBI applicants to where you can now have bestiality on
29
00:01:59.939 --> 00:02:04.010
your record and it's not a disqualifier. And just, that
30
00:02:04.030 --> 00:02:08.590
was so oddly specific. He said that people are human
31
00:02:08.629 --> 00:02:15.129
trafficked and forced into bestiality and those people, which he
32
00:02:15.229 --> 00:02:18.280
acted like was a huge group, should be able to
33
00:02:18.319 --> 00:02:22.400
be FBI agents. That was oddly specific.
34
00:02:24.080 --> 00:02:24.419
Well, the.
35
00:02:26.039 --> 00:02:30.379
It's like legal freedom. You know, sanctions freedom.
36
00:02:30.919 --> 00:02:32.789
Where is PETA when we need them?
37
00:02:36.169 --> 00:02:40.409
It's just insanity. Yeah. But that's not, you know, that's
38
00:02:40.449 --> 00:02:42.050
not the worst of it. I mean, there's just so
39
00:02:42.090 --> 00:02:46.340
many things that happen every day where you say, are
40
00:02:46.360 --> 00:02:49.000
they serious? I'm laughing because I can't.
41
00:02:48.800 --> 00:02:50.930
Believe you just said that's not the worst of it.
42
00:02:51.259 --> 00:02:55.439
Our FBI director is testifying in support of bestiality, and Dr.
43
00:02:55.460 --> 00:03:02.069
Malvo goes, but that's not the worst of it. That's
44
00:03:02.270 --> 00:03:03.370
where we are right now.
45
00:03:04.449 --> 00:03:06.870
Day to day to day, they're doing something. I mean,
46
00:03:07.310 --> 00:03:09.939
one of the things that we should talk about a bit,
47
00:03:10.020 --> 00:03:13.439
because there is a public comment period, is the proposed
48
00:03:13.500 --> 00:03:16.960
changes to the census. So they only want to count
49
00:03:17.120 --> 00:03:22.240
legal citizens. They don't want to count. I mean, they
50
00:03:22.280 --> 00:03:24.539
haven't even put the whole rule out. They just said
51
00:03:24.580 --> 00:03:27.800
that's what they want to do. And the challenge with that, Dominique,
52
00:03:27.819 --> 00:03:33.560
is that states don't provide services based on your legal status.
53
00:03:34.120 --> 00:03:35.840
You don't get on the bus or on the highway.
54
00:03:35.879 --> 00:03:38.090
They say, before you get on this highway, let me
55
00:03:38.150 --> 00:03:42.090
see your citizenship papers. We don't even have citizenship papers.
56
00:03:42.490 --> 00:03:44.009
But they're moving to the point where they don't want
57
00:03:44.030 --> 00:03:47.500
to count people. And it makes a huge difference in
58
00:03:47.520 --> 00:03:52.449
states like California, you know, probably Texas, but they don't care,
59
00:03:52.930 --> 00:03:57.150
where if you have a large percentage of undocumented people,
60
00:03:57.550 --> 00:03:59.150
it affects the money that people are going to get
61
00:03:59.169 --> 00:04:05.580
for services, like transportation. You know, that census is used.
62
00:04:06.240 --> 00:04:12.860
There are about 320 programs where allocations are a function
63
00:04:13.280 --> 00:04:18.189
of the census count. So states that have a large
64
00:04:18.250 --> 00:04:21.529
number of undocumented people are going to end up getting
65
00:04:21.569 --> 00:04:22.110
less money.
66
00:04:23.250 --> 00:04:27.740
Well, and that's probably the goal, right? I mean, but
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to your point, they're still driving on the highway, so
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the highways still need to be fixed, so those dollars
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still need to be there. Does that mean, because I
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have not been tracking that, Dr. Malveaux, does that mean
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they won't count permanent residents or they only want to
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stop counting undocumented?
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I'm not really clear about that, but, um, in my
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last newsletter, which I hope you got, but you may
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not have, we're working on some things. Well, I, I
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break it down in terms of, um, you know, basically
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what it means in terms of Medicare, uh, just a
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number of programs that are, the money is directly a
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function of the census. Yeah. And so it affects schools also,
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you know, what, what money goes for schools, especially for, um,
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poor kids in crowded districts, it's just going to make
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a lot of things worse. And there's a, you know,
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there's a public comment period that goes until, when is
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that public? It goes until mid-October. I think like October 15th,
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where the public can comment. So Dominique, I hope that you,
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and you know, of course, Brother Tavis, who has something
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to say about everything, So I hope from that perspective
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we'll have something to say about this. In the public
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comment period, we do encourage people to say, I mean,
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you don't have to be the head of an organization.
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You don't have to be well-known. Anybody can make this comment.
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Okay, yeah, I'm looking at this article. They want to
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exclude undocumented immigrants, asylum seekers, and anyone without permanent status.
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So I guess green card holders... Would be counted, but
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who knows with these folks. And then what I had
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been tracking was that they were planning to take away
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questions on race, ethnicity, and LGBTQ plus identity, which is
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to me, you know, a whitewash.
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Exactly. Just because you don't count us doesn't mean we're
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going away.
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Right.
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You don't get caught up in your wishful thinking. We're
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still here.
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But the other piece is it changes the voting map, right?
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I mean, they're going to say, oh, you don't have
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this many people there, so therefore you don't get this
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much representation.
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Exactly.
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That's... Yeah, I mean, you're right. Every time I start
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reading the news, there's one more thing and one more
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thing and one more thing, and they're major things that
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they're changing, breaking, eliminating.
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And.
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The U.S. traditionally, you know, the New York Times has
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an article about this today about how, you know, we've
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always been seen as this sort of stable global economy.
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But that's changing, right? Because our debt is getting so high,
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the tariffs, the sanctions, random sanctions, and people don't want U.S.
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bonds anymore anymore. Um, and we're, so what does that
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mean for us as a country for regular people?
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It means less revenue. The government will have less revenue and,
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or we'll have to go into more debt. And our
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debt has suddenly become our bonds. Well, that debt is bond,
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bond by people buy bonds and then we owe them.
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But if we, and we sell them at a certain
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interest rate, that's supposed to be attractive. But if we don't, um,
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If our bonds are less attractive, people won't buy them.
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Other countries won't buy them.
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Right.
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And that means that either we sell them at a
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different rate, which affects our own revenue, or we end
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up being the global debtor, which we already are. I mean,
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our debt has gone... I think our debt is.
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$ 40 trillion, according to the New York Times. $ 40 trillion.
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That's crazy.
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Yeah, we passed that mark the last week or so.
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So.
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It makes our economy much more precarious. There was a
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time when people saw, as you said, saw our economy
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as stable, saw our products as attractive. People wanted to
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come here. Now, who wants to come here? That man
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is perhaps selling visas to high rollers, but aspirationally, If
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you went around the globe to some of the most
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impoverished developing countries, people want to come here to get
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their degrees. Our education system we've seen is one of
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the best. Now, eh, not so much. And BRICS, of course,
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BRICS is kicking our butt. People are looking at BRICS, Brazil, Russia,
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et cetera, looking at those countries and saying, does this
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provide an alternative to the United States? And when we
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look at that what's interesting is, you know, the Russian
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influence is something we need to be concerned about. But
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we also need to be concerned, we have lost our eminence.
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Once upon a time, I mean, we here in the
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United States, especially those of us who are black and brown,
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you know, we looked askance at our country and we
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were very critical, as we should have been, but we
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also undeniably understood what our strengths were. Those strengths, the
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racism that underlies this administration, the instability that is a
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part of this administration, really weakens the country internationally.
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Economist Dr. Julianne Malveaux is my guest. I want to
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talk about those $ 5, 000 promises. I want to talk about
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the Trump accounts, which seem to be a PR success.
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Are they a real success? That and more when we
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come forward with one of the globe's leading economists. All that,
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only right here. Okay, Dr. Julianne Malveaux is with us,
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and she is an economist and an author, by the way.
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She's got a newsletter. If you want to subscribe, you just...
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Email Malvo Newsletter. That's right. Malvo Newsletter, Gmail, and then
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say subscribe, if I'm not mistaken. Yeah, that's what I do.
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And you want to get this because, you know, as
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the mainstream media becomes more and more subservient to the
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White House, it's important to have alternative voices, right?
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We got, you know, the corporate media is shutting people out.
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Yeah.
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And shutting ideas out. And, you know, as opposed to,
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I mean, I always think about, I can't do it.
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There's a song and it says, at the end of it,
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it's like, doo-doo-wop, doo-doo-wop. And I think the corporate media
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is like a doo-doo-wop. You know, they're repeating, you know,
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and without analysis, not all of them, but many. You know,
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wouldn't you get a disruptive idea on the air? Unless
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you're using small media, independent media, you know, stations like
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Tavises Station, or like Pacifica. You know, if any of
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you all are, by the way, this is illegal, but
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I'm going to do it anyway. If you are members
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of Pacifica, that will be KPFK, I believe.
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Okay, here she is shouting out our competitors, but okay, Dr. Malvo.
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No, but it's like this, Dominique. I am running for
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the chair of the Pacifica board.
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Oh, that would be great.
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They are shutting down 30 black and brown programmers in Texas.
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lost their program because of these people who are, they
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want to make Pacifica more uniform and more corporate. Yeah. So,
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so your girl who cannot be either one of these
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people just don't provoke me because it ain't going to
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turn out right. And this woman said some stuff about, well,
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you know, the, the woman who was the chair, they
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need to have more uniform programming. We got stations in LA,
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Bay area, New York, DC, and Houston, Texas. Those disparate
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group of distinctions have different kind of interests. We have
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Spanish language programmers. They want to cut that out. So, uh-uh.
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Someone said, well, somebody has to be able to beat
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this woman. Was I not provoked? Yes, my behind was provoked.
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I'm like, okay, I'll do it. Now, I'm not saying
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that I can win. Well, I could win. I'm not
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saying that I will win. But we have put the
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fear of God under them. And they've been doing stuff
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like kicking people off of our slate for whatever. If
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you disparage them, you can be kicked off the slate.
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So two of our four members have been kicked off
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the slate. Yeah.
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Well, knowing you, you need to tread lightly because, you know,
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you're like me. You can cut. Your word is mightier
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than the sword for sure.
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Well, the temper is alive and well. We had a
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meeting yesterday. And two of my colleagues actually walked me
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out of the meeting twice. They're like, you can't stay
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in there because you're going to lose your temper. And
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so I walked out and I calmed down and I
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went back in because I couldn't say anything because this woman,
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this national election supervisor is watching all of us like hawks.
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That's how we lost his brilliant brother who was an
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accountant for a healthcare system. And he was running for treasurer.
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Well, good luck to you. Good luck to you on that.
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I mean, that, That would be a major coup for sure,
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but also you're taking on a major headache. So good
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luck to you on that.
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Well, I don't mean to shout out the competition. People
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can listen to more than one station.
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Absolutely, they can. And we have an app so you
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can listen on your phone, take it with you wherever
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you go. So look, Dr. Malveaux, I feel like Trump's
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having a lot of failures. His approval rating is way down. Um,
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and I, I guess some people believe they're going to
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get a $ 5, 000 check, but many don't. But, but, but,
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but the Trump, uh, the Trump accounts seem to be
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a PR success. People feel like, you know, okay, they're
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going to get money, free money and accounts for their kids.
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He's claiming that they're going to make a millionaires out
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of these children. Um, what, what am I missing? Um,
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You know, he's cut child care. He's cut funding for schools.
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He's cut SNAP benefits so kids can't get food. But
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they're saying this $ 1, 000 deposit for every newborn is going
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to create a bunch of millionaires.
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And I have a bridge in Brooklyn that I'd like
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to sell you.
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Okay.
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First of all, this so-called Trump account is a direct
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ripoff of a black economist, Derek Hamilton, who wrote about
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baby bonds, you know, so that babies would have an
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investment in their future. When they were born, they would
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have this baby bond. It's similar to the Trump idea,
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except for the fact that Derek's explanation is much more
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elegant than And it really talks about, you know, so
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that by the time you're 18, if this thing is
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compounded interest, et cetera, it could potentially pay for your college.
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It could potentially put a down payment on a business
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for you or a car or a house. It will
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cost money. But the way that Trump has it, and
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I haven't looked at all the details, it seems to
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be quite different, and it's not capped. So the wealthy
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people can.
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Take advantage of it. What about poor people? Because this
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requires more of your own funds involved in the picture.
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I have not looked at his latest iteration. I listened
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to him. First, it's going to be the baby bonds.
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He's going to call them baby bonds, Trump bonds. And
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he also wants to give everybody $ 5, 000 if the Republicans win.
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But he can't do that. First of all, he can't
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do any of that without the acquiescence of Congress. Congress
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holds the purse strings. People have to remember that. Congress
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has to decide on an appropriation. He doesn't get to
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do that. Now, unfortunately, this Congress seems to want to
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roll over and play dead for him. But guess what
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with that? Democrats have a real chance, a real chance
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of taking over both the House and the Senate. The
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Senate is a longer shot, but it's still possible. Yes.
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I was just reading an article about that in the
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New York Times also where they're saying the outlook is rosier. But,
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you know, of course, we're all scared of polls these days.
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But I thought the other thing, I thought that the
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Trump accounts were supposed to be privately funded because I
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remember all this big hoopla about some people donating to them.
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But now I'm reading the money is coming from the
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federal government.
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Yes. And so.
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Can we afford that?
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No. No, but the $ 5, 000 would cost us $ 1. 3 trillion. $ 1. 3 trillion.
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If everybody got a $ 5, 000 check. But again, Congress has
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to do that. I hope that Congress is not that stupid,
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but in this era, who knows? So that's number one.
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But when he's up against the wall, He sells all
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kind of spits. All kind of wolf tickets being sold.
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Yeah, I'm reading this guy, Justin Wolfers, out of University
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of Michigan, saying that because there's a maximum contribution of $ 5, 000
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a year to these Trump accounts and they're shielded from taxes,
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it actually creates a tax advantage for wealthy families because
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most poorest people can't put that $ 5, 000 in there every year.
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They're just going to have the $ 1, 000 that was put
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in by the feds. So it could actually end up
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increasing taxes the gap between rich and poor. Does that
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sound right?
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That does sound right. Absolutely. Yeah. He's a, he's a
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good economist. He has, he has offers good, um, good analysis.
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So, and, and it also tracks with the Trump agenda.
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I mean, you know, creating another tax shield for rich
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families and dressing it up as some kind of savior, um,
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financial savior for poor families is sort of like the
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perfect policy, um, for this president.
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Exactly. But that's what he's been doing since he got in.
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And in the first term, he was less blatant. But
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this term, he has a bunch of sycophants who are
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willing to let him get away with whatever he wants
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to get away with.
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Yeah, I mean, I'll take the $ 1, 000. You know, if
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I had a newborn, I'd take the $ 1, 000. But I always,
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I look at everything he does with a side eye.
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We're talking with Dr. Julianne Malveaux. We'll continue the conversation.
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After news, traffic, and sports, only right here. She's a pundit,
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00:19:39.500 --> 00:19:42.599
an author, and a world-class economist. Now she has a
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00:19:44.089 --> 00:19:50.660
newsletter you can subscribe, but just simply emailing malvonewsletter at gmail.com
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00:19:50.720 --> 00:19:54.000
and she will sign you up for free. And Lord
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00:19:54.039 --> 00:19:58.269
knows we need the information right now. Okay, affordability, affordability, affordability.
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Everyone's talking about it. No one's experiencing it. The president,
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I call him the resident, Dr. Malvo. The resident seems
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to just brush it off and keep it pushing. Can
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politicians really impact affordability? I mean, I guess he could
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stop making more and more tariffs, but can they bring
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it down? Can they impact it the other way?
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Well, everything has become so much less affordable because of
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policies from this president and from others. There are things
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we could do to make things more affordable. In many cities,
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like L.A. as an example, zoning rules to be altered
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so that more housing could be produced. Now that's something
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that wouldn't happen overnight, but it could happen. Uh, if they,
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I mean, there are many cities, San Francisco is one
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of them that have restricted, restrictive zoning laws because wealthy
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people want to keep their space. That space could be
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space that somebody could live in. Um, public lands could
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be converted into, uh, houses, affordable housing or apartments or
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something like that. There, you know, there are discrete things.
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I mean, right. You know, getting peace with Iran would probably,
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you know, would probably bring down gas prices. Right. But
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what about things like what mom Donnie is talking about
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in New York, like a public option for markets, public
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options for banks? Would that, could that bring prices down?
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But for markets? Yeah, absolutely. And, you know, Mamdami has
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talked about state-owned or city-owned grocery stores. There are a
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number of things. You could, we could put a tax
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advantage in collectives and cooperatives so that people would be
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able to do more collective things. A paper that I wrote, Mamdami,
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probably 40 years ago, and I'm looking for it, talked
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about how we could structure our tax system So let's
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say you have three single moms and there's a triplex apartment,
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you know, you do three, three, an apartment on each floor.
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How could we structure the law to make it easier
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for them to coexist? I mean, I, you know, in
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my youth, I was quite interested.
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You've always been interesting.
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But what I thought about was, okay, let's say you
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have three moms in a house where they have three floors.
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One of them might be the babysitter or the childcare mom.
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She still will get her place and the other two
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will be working moms. Now, it's kind of far-fetched, but
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not really. People are looking at these kind of things
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more and more. What does not help them is our
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tax code. And so we could change our tax code
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to make opportunities like that easier to come by and
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create some kind of a nonprofit so that these folks
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would get the kind of counseling they needed. so that they,
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you know, to just circumvent any tax drama.
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00:23:11.670 --> 00:23:15.349
Yeah, what about social housing like we hear about in Europe,
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which is really the government getting into the housing business,
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but when we're starting to see these numbers that the
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unhoused are, a huge proportion of them are older Americans
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who cannot work full-time anymore and can no longer afford housing.
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Oh yeah, no, if we were creative, And if we
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believe in the right to affordability, the right to affordability,
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we could do a lot. You know, we could do,
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I mean, the health care issue, of course, for many
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people is the hugest challenge that people deal with. Medicare,
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et cetera. But what could we do? We could do
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a lot about that. President Obama took a step in
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the right direction. with the Affordable Care Act. It wasn't perfect,
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but it's better than the status quo. Now they're trying
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to strip some of the provisions out of that. And
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then in terms of affordability, in Washington, D.C., the state
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minimum wage, we do consider ourselves a state, is $ 18. 75
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an hour. Well, that's not a lot of money, but
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that's more than many states just use the federal minimum wage,
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which is $ 7. 25 an hour. And the tip minimum wage, Dominique,
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as you know, is $ 2. 13 an hour.
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Yeah, that is mind-boggling. So that's another thing that could
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help with affordability, is raising the national minimum wage. It
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seems like neither Republicans nor Democrats have the will, the
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political will, to do it, though.
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And it's been the same thing for now 11 years.
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That's not controversial. It would be wildly popular. I guess
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00:24:56.799 --> 00:24:59.319
it's controversial to corporations. Is that the reason why it
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doesn't happen?
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00:25:01.059 --> 00:25:01.539
Exactly.
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That's crazy.
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00:25:03.380 --> 00:25:07.299
Every time the notion of increasing that minimum wage, you
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get these corporations, you get restaurants whining, well, it's going
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to cost so much, people won't come to eat. Not
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only do people come out to eat, but what I've seen,
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and I've talked to a bunch of people who look
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at this stuff, Americans are far more generous than we
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expect them to be. Now, everybody doesn't eat out and
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00:25:27.250 --> 00:25:31.440
everybody doesn't eat out every day. However, those who do
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eat out understand the burden that these people who are
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getting $ 2. 13 an hour, the burden that they are shouldering.
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00:25:39.000 --> 00:25:43.069
And many tippers, not all, but many tippers are quite generous. Yeah.
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You know, they do the 20% and they don't complain.
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00:25:45.730 --> 00:25:48.430
They sometimes do a little more. I wish we were
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closer to the European system. Actually, I was in Paris.
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00:25:52.710 --> 00:25:55.329
A few years ago, and I left a 20% tip,
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00:25:55.430 --> 00:25:57.170
and the young man came back and gave it back
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to me.
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00:25:58.130 --> 00:26:01.170
Yeah, because they get a decent wage, so they don't
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need the tips. A lot of folks are trying to
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00:26:03.369 --> 00:26:07.710
move that way because of this tip creep, you know, where,
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especially on the apps, they're trying to make you pay 25%,
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00:26:12.529 --> 00:26:19.480
30% so that they can, you know, sustain underpaying people.
425
00:26:19.539 --> 00:26:24.390
So that's the flip side of the tips. And, you know, it's...
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00:26:24.410 --> 00:26:25.990
Go ahead.
427
00:26:26.210 --> 00:26:29.190
They have the automatic thing in there. Right. It's ridiculous.
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00:26:29.630 --> 00:26:32.009
And then a friend of mine and I went out
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00:26:32.049 --> 00:26:34.779
last week. They have all these surcharges, but then they
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00:26:34.799 --> 00:26:37.740
want you to pay a 20% tip on top of
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00:26:37.779 --> 00:26:43.140
the surcharge. So they have a... Yeah. Anyway, watch your check, people,
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00:26:43.180 --> 00:26:46.460
when it comes. Tip on the amount, you know, tip
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00:26:46.559 --> 00:26:49.099
on the amount of the check, not all those surcharges.
434
00:26:49.700 --> 00:26:52.960
But also... Think about the people who are serving your food.
435
00:26:52.980 --> 00:26:55.640
You don't want to piss off people serving your food.
436
00:26:56.140 --> 00:27:00.799
Yeah. And also, they deserve a decent wage. They do.
437
00:27:00.900 --> 00:27:05.640
It's just, you know, what I resist is these corporations
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trying to make us subsidize them through tipping.
439
00:27:09.960 --> 00:27:11.220
No, I agree. Yeah.
440
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You know, the tariffs. Talk to me about the tariffs.
441
00:27:15.849 --> 00:27:18.809
The tariffs, the Supreme Court said a lot of them
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00:27:18.849 --> 00:27:21.410
are illegal. Not all of them, which is why he
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can still tariff Canada, I finally figured out. But the
444
00:27:25.750 --> 00:27:28.869
tariff refunds go back to the companies, and the companies
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are not refunding the people. So again, this is almost
446
00:27:32.630 --> 00:27:36.849
like another, ends up being like a corporate subsidy, right?
447
00:27:37.849 --> 00:27:42.369
Exactly. First of all, tariffs are a tax. Don't get
448
00:27:42.410 --> 00:27:47.009
it twisted. They are a tax. You, consumer, will pay
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00:27:47.390 --> 00:27:51.359
the tariff one way or another. And so that's the
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00:27:51.400 --> 00:27:55.750
first thing to understand. The second thing to understand is
451
00:27:55.829 --> 00:28:03.190
that tariffs, the Byzantine way that corporations will get refunded
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will mean that it will never trickle down to the consumer.
453
00:28:08.029 --> 00:28:11.160
You bought something at Target, I'm not picking on Target,
454
00:28:11.180 --> 00:28:13.140
you bought it at Bed Bath & Beyond, wherever you
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00:28:13.180 --> 00:28:18.319
bought it, and the price of the item is increased
456
00:28:18.440 --> 00:28:24.250
because of the tariffs. Unless they have crazy detailed records,
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00:28:24.569 --> 00:28:27.730
you're never going to see that back.
458
00:28:27.769 --> 00:28:29.789
There's no requirement that they give it back, right? And
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00:28:29.809 --> 00:28:31.150
we're talking about $ 100 billion.
460
00:28:32.519 --> 00:28:37.400
Exactly. Exactly. You know, this is a corporate ripoff.
461
00:28:39.660 --> 00:28:42.920
Yes. And basically, it is what it is. I mean,
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00:28:43.380 --> 00:28:46.240
you just said to disaggregate it would be crazy because
463
00:28:46.259 --> 00:28:52.089
we would have to have incredibly detailed records. So even
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00:28:52.130 --> 00:28:55.809
though it's seen as a setback for Trump, it actually
465
00:28:55.869 --> 00:28:57.910
falls in line with a lot of his policies, which
466
00:28:57.990 --> 00:29:04.059
is rewarding the super rich and messing over the average person.
467
00:29:05.079 --> 00:29:10.240
Punishing the average person and the poor. But see, again...
468
00:29:11.289 --> 00:29:15.809
People who support that man do not believe that fat
469
00:29:15.869 --> 00:29:20.710
meat is greasy. What do I mean? So he says
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00:29:21.089 --> 00:29:24.130
the sky is purple, and they go out and have signs.
471
00:29:24.170 --> 00:29:27.329
The sky is purple. The sky is purple. No, the
472
00:29:27.369 --> 00:29:30.170
sky is not purple, and you know it's not purple,
473
00:29:30.549 --> 00:29:32.630
and you know he's not a good person, and you
474
00:29:32.670 --> 00:29:37.130
know what the impacts of his policies are. But they
475
00:29:37.170 --> 00:29:39.559
keep trying to cover them up and say, oh, well.
476
00:29:40.259 --> 00:29:44.000
and one of their cabinet members was in front of
477
00:29:44.019 --> 00:29:47.380
congress and he kept saying well I have to think
478
00:29:47.440 --> 00:29:51.480
about it he's getting pushed really hard by a member
479
00:29:51.819 --> 00:29:54.779
I have to think about it you should have thought
480
00:29:54.819 --> 00:29:57.000
about it before you did it yeah.
481
00:29:58.309 --> 00:29:59.109
They don't think.
482
00:29:59.430 --> 00:30:02.490
They don't care. The bottom line, Dominique, this is an
483
00:30:02.690 --> 00:30:09.170
oligarchy that is all about what I call the vandalism of.
484
00:30:10.869 --> 00:30:11.190
Ego.
485
00:30:11.490 --> 00:30:13.980
It's vandalism. I mean, we could talk for a moment
486
00:30:14.000 --> 00:30:20.259
about the Kennedy Center and what's happening there. So because
487
00:30:20.380 --> 00:30:24.279
the board, Trump appointed, doesn't want to put his name
488
00:30:24.380 --> 00:30:27.150
on the Kennedy Center... They're talking about closing it. They
489
00:30:27.190 --> 00:30:29.150
voted to close it. It's not closing it.
490
00:30:29.170 --> 00:30:31.509
Right, and what Joyce Beattie said is that that's not
491
00:30:31.569 --> 00:30:34.950
really what they voted for. They voted, you know, to
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00:30:35.019 --> 00:30:40.420
take measures to get their budget in place, you know,
493
00:30:40.460 --> 00:30:43.519
get it under control. But because Trump is the president
494
00:30:43.539 --> 00:30:46.160
of the board and the loudest voice in the room,
495
00:30:46.259 --> 00:30:50.250
it ends up being, we're closing the Kennedy Center. All
496
00:30:50.710 --> 00:30:53.730
because he had a tantrum. But, you know, but I
497
00:30:53.750 --> 00:30:55.259
want to... Go ahead, Dr.
498
00:30:55.299 --> 00:30:57.119
Obama. Let's just take a minute. Let's just take a
499
00:30:57.140 --> 00:30:59.500
minute and shout out Joyce Beattie because she has been
500
00:31:00.180 --> 00:31:03.359
very focused on this. She is the... While he's.
501
00:31:03.279 --> 00:31:05.839
Gotten rid of a lot of people.
502
00:31:05.900 --> 00:31:07.900
By law, they can't get rid of her because there
503
00:31:07.920 --> 00:31:10.880
has to be a congressional representative. So she just deserves
504
00:31:10.900 --> 00:31:14.299
our acclaim and applause in terms of what she's trying
505
00:31:14.339 --> 00:31:14.599
to do.
506
00:31:14.960 --> 00:31:16.680
I mean, yeah, and it sounded like if I heard
507
00:31:16.700 --> 00:31:21.799
her on CNN, it sounded like she... They had an all-out, like, fight.
508
00:31:23.059 --> 00:31:26.420
And she just... determined to stand her ground. I want
509
00:31:26.440 --> 00:31:28.339
to circle back to the tariffs for one second, though,
510
00:31:28.380 --> 00:31:34.619
because I'm reading that the latest ones, the ones against Canada,
511
00:31:35.240 --> 00:31:38.829
are going to hit or are hitting red states really
512
00:31:38.880 --> 00:31:43.049
hard with the impact, right, in terms of the costs
513
00:31:43.109 --> 00:31:49.529
of things and job losses and stuff. Does this impact
514
00:31:49.549 --> 00:31:54.500
the midterms? Do you think that, you know, that the
515
00:31:54.559 --> 00:31:57.420
fact that wages are now stagnating and people are getting
516
00:31:57.480 --> 00:32:01.529
laid off and things are going to be directly hitting
517
00:32:01.589 --> 00:32:04.769
these red states, that that's going to show up at
518
00:32:04.809 --> 00:32:05.509
the ballot box?
519
00:32:07.390 --> 00:32:08.970
I hope so, but I don't know. I mean, some
520
00:32:09.069 --> 00:32:12.230
of these people, they drank the Kool-Aid and they ride
521
00:32:12.269 --> 00:32:16.819
or die Trump. And even though he isn't on the ballot,
522
00:32:16.859 --> 00:32:18.920
he's told people to act like he's on the ballot. Well,
523
00:32:18.960 --> 00:32:20.599
if they act like he's on the ballot, they will
524
00:32:20.640 --> 00:32:26.059
reject Republican candidates. But some of them, like I said,
525
00:32:26.460 --> 00:32:29.720
if that means greasy, they don't. But the farm states
526
00:32:29.779 --> 00:32:37.980
are being especially hard hit. And those are mostly Republican-leaning states.
527
00:32:38.079 --> 00:32:42.460
And you see some rumblings. You see some rumblings from
528
00:32:42.529 --> 00:32:47.009
those states about what's wrong. You see the farmers. Again,
529
00:32:47.069 --> 00:32:49.170
one of my heroes is John Boyd from the Black
530
00:32:49.210 --> 00:32:54.660
Farmers Association. But all farmers are being hard hit. buy
531
00:32:54.700 --> 00:33:03.539
these tariffs. Soybeans, corn, meat. And farmers also depend on
532
00:33:03.640 --> 00:33:10.160
export markets. So what you see is essentially these tariffs
533
00:33:10.799 --> 00:33:14.880
affecting the people that that man purports to care about.
534
00:33:16.839 --> 00:33:20.799
You know, there's so many things with the tariffs. And
535
00:33:20.819 --> 00:33:24.329
the Canadian tariffs, we're starting a war with our neighbor.
536
00:33:26.970 --> 00:33:29.059
It's still a war. It's not a military war.
537
00:33:29.069 --> 00:33:31.069
It's a financial war, yeah. Right.
538
00:33:31.410 --> 00:33:35.019
And we're starting this war with our neighbor, you know,
539
00:33:35.059 --> 00:33:41.019
who's been our closest ally. When September 11th occurred, Kennedy
540
00:33:41.039 --> 00:33:42.880
was the first one to jump in with us and say,
541
00:33:43.039 --> 00:33:46.400
we got you. We're going to start a fight because
542
00:33:46.480 --> 00:33:52.819
that man, you know, honestly, Dominique, sometimes I think he
543
00:33:53.079 --> 00:33:54.119
basically is a Russian.
544
00:33:57.670 --> 00:34:00.369
Like the guy that's paid for his son's wedding. We're
545
00:34:00.390 --> 00:34:03.500
talking with economist Dr. Julianne Melvo. I want to find out,
546
00:34:03.549 --> 00:34:05.609
are we getting the five grand when we come forward?
547
00:34:06.130 --> 00:34:10.179
I'm KBLA Talk 1580. It is election season, so please
548
00:34:10.239 --> 00:34:13.599
mark your calendar. Saturday, October 3rd, History in the Making,
549
00:34:13.659 --> 00:34:17.760
the California Voices. Town Hall and Ballot Forum live from L.A.
550
00:34:17.760 --> 00:34:20.699
8 a.m. to 5 p.m. All the candidates are going
551
00:34:20.760 --> 00:34:22.960
to be there. We hope you'll be there, too. The
552
00:34:23.000 --> 00:34:29.860
event is free, but you have to register. Go to KBLA1580. com
553
00:34:27.940 --> 00:34:31.239
right now and save your spot. California Voices, Saturday, October 3rd.
554
00:34:31.579 --> 00:34:33.320
Come be a part of history brought to you by
555
00:34:33.380 --> 00:34:38.500
KBLA Talk 1580 and the Community Voter Education Project. Talking
556
00:34:38.539 --> 00:34:42.679
with Dr. Julianne Malveaux, we literally have three minutes, so
557
00:34:42.719 --> 00:34:45.440
I likely won't get to all of these topics. But
558
00:34:45.480 --> 00:34:49.719
I wanted to ask you about the $ 5, 000 and also
559
00:34:50.159 --> 00:34:54.119
about this wealth gap that seems to be growing. Does
560
00:34:54.159 --> 00:35:00.219
that lead eventually to civil wars, revolution? And of course,
561
00:35:00.280 --> 00:35:02.079
maybe we'll have to do this on the next show,
562
00:35:02.119 --> 00:35:06.019
but they're talking about the AI takeover of everything. Does
563
00:35:06.079 --> 00:35:09.889
that mean that the virtual dollars, the Bitcoin, the crypto
564
00:35:11.030 --> 00:35:15.150
gets out of control and there is financial global change?
565
00:35:15.480 --> 00:35:17.519
chaos but let's start with the five grand because i
566
00:35:17.559 --> 00:35:20.510
promise answers will we get it is it possible to
567
00:35:20.570 --> 00:35:25.389
get it um supposedly uh senator moreno is will working
568
00:35:25.469 --> 00:35:28.710
on a bill to make it a reality what say you.
569
00:35:30.090 --> 00:35:34.880
It's highly unlikely uh that money it's 1.3 trillion dollars
570
00:35:34.889 --> 00:35:39.360
we're already have a huge deficit where would the money
571
00:35:39.420 --> 00:35:43.809
come from number one increases in no taxes So you
572
00:35:43.829 --> 00:35:47.110
get a $ 5, 000 check, but you have to pay more taxes.
573
00:35:47.889 --> 00:35:50.929
Does that seem reasonable? I don't think so. Number two,
574
00:35:51.090 --> 00:35:58.550
Congress holds the purse to it. Not Senator, not anybody, Congress.
575
00:35:58.969 --> 00:36:01.909
So Congress would have to, Senate and House, would have
576
00:36:01.929 --> 00:36:05.889
to agree on such a thing. Again, with our deficit situation,
577
00:36:06.690 --> 00:36:07.269
not likely.
578
00:36:08.590 --> 00:36:10.909
Yeah, I mean, I'm still waiting for the tariff dividend.
579
00:36:10.949 --> 00:36:13.449
That was supposed to be, I think, two grand. And
580
00:36:13.750 --> 00:36:17.360
there was some other money he promised us. So I'm
581
00:36:17.400 --> 00:36:20.230
not hopeful, but I feel like people are still believing it.
582
00:36:22.179 --> 00:36:25.280
But as we talked about with the Trump accounts, the
583
00:36:25.320 --> 00:36:28.719
data is showing that the wealth gap is growing bigger, bigger, bigger,
584
00:36:28.780 --> 00:36:33.190
and bigger, and the super billionaires are getting richer. What
585
00:36:33.230 --> 00:36:36.730
does that do to the political landscape? Seems like every
586
00:36:36.809 --> 00:36:40.699
empire that has that trend ends up falling?
587
00:36:42.280 --> 00:36:46.619
Well, I think you can see the cracks in our infrastructure.
588
00:36:47.300 --> 00:36:50.739
You can see the graft in our system. If we
589
00:36:50.760 --> 00:36:54.179
just use the reflecting pool as an example, this is
590
00:36:54.219 --> 00:36:59.159
supposed to be, you know, a $ 1. 2 million fix. Now
591
00:36:59.219 --> 00:37:04.250
we're talking about $ 20 million. All the contractors are Trump's friends.
592
00:37:06.340 --> 00:37:10.849
But the rest of us are paying for it. The
593
00:37:10.929 --> 00:37:15.329
sums in the reflecting pool are small sums. They're big
594
00:37:15.409 --> 00:37:19.489
sums as well in terms of this. And then, of course,
595
00:37:21.289 --> 00:37:28.949
baby Trump has a multimillion-dollar wedding funded by some Russian multimillionaire.
596
00:37:28.989 --> 00:37:29.650
What does that mean?
597
00:37:30.530 --> 00:37:31.360
Sounds illegal. What?
598
00:37:32.329 --> 00:37:35.630
What was promised to them for that? Something was promised.
599
00:37:35.670 --> 00:37:38.090
We don't know what. But something was promised, and we
600
00:37:38.130 --> 00:37:38.730
do know that.
601
00:37:39.230 --> 00:37:39.909
Yes, indeed.
602
00:37:40.530 --> 00:37:41.510
Ain't nobody stupid.
603
00:37:43.570 --> 00:37:46.650
Least of all, Dr. Julianne Malveaux. I mean, look, I
604
00:37:46.670 --> 00:37:49.320
feel like when Melania Trump puts out a statement saying,
605
00:37:49.360 --> 00:37:50.840
I wasn't there, I had nothing to do with it,
606
00:37:51.199 --> 00:37:54.280
you know, there's more to see here. And maybe there's
607
00:37:54.300 --> 00:37:56.840
a reason Trump didn't go. You know, he knew this
608
00:37:56.900 --> 00:37:58.820
was not going to look good.
609
00:37:58.840 --> 00:38:03.599
No. No. No, he wants to keep his hands as
610
00:38:03.699 --> 00:38:06.320
clean as he can under the circumstances, which isn't very
611
00:38:06.400 --> 00:38:06.960
clean at all.
612
00:38:07.000 --> 00:38:09.800
Which is hilarious considering all the grifting that he's doing. Like,
613
00:38:10.260 --> 00:38:12.260
this must be really bad if he didn't want to
614
00:38:12.280 --> 00:38:12.889
be seen there.
615
00:38:13.829 --> 00:38:18.389
Exactly. And that's his namesake and his son. And you
616
00:38:18.429 --> 00:38:22.349
didn't go to his wedding? How come? Yeah. But you
617
00:38:22.369 --> 00:38:26.719
pop it around the globe golfing. You know, you don't
618
00:38:26.760 --> 00:38:30.699
mind golfing. You don't mind starting meth in Ireland, talking
619
00:38:30.719 --> 00:38:35.079
about you want reunification. The people don't. I mean, this
620
00:38:35.099 --> 00:38:37.179
man has a bad case of megalomania.
621
00:38:37.760 --> 00:38:39.460
But we would all go to jail if we did
622
00:38:39.480 --> 00:38:43.000
the things that he does. It's time to pass the
623
00:38:43.039 --> 00:38:46.929
mic to Tavis Smiley, Dr. Malveaux. Your friend is coming
624
00:38:46.989 --> 00:38:49.150
up next. But thank you so much for joining us
625
00:38:49.210 --> 00:38:49.710
this morning.
626
00:38:50.719 --> 00:38:53.070
Well, always a pleasure to be with you. Congratulations on
627
00:38:53.110 --> 00:38:56.510
your good work and congratulations to Tavis as well on
628
00:38:56.530 --> 00:38:58.570
the work that he's doing in building his empire.
629
00:38:59.269 --> 00:39:02.590
Yeah, I'm going to go join that group so I
630
00:39:02.630 --> 00:39:05.610
can vote for you. We got to go. Tavis Smiley's
631
00:39:05.630 --> 00:39:08.360
got a great show on deck for you today. Tap
632
00:39:08.400 --> 00:39:12.579
in with me on social media, Duprema Radio or KBLA 1580.
633
00:39:12.579 --> 00:39:15.679
I'd love to talk with you off the air and
634
00:39:15.860 --> 00:39:20.030
tap in with Dr. Malveaux as well. Like my father,
635
00:39:20.090 --> 00:39:24.019
the late great poet laureate of New Jersey once said,
636
00:39:24.039 --> 00:39:27.210
a person is either free or they are not free.
637
00:39:27.510 --> 00:39:32.130
There can be no apprenticeship for freedom. And as I said,
638
00:39:33.170 --> 00:39:35.710
tap in with me. I love to keep the conversation
639
00:39:35.769 --> 00:39:39.369
going offline. Tomorrow we will have Holly Mitchell on the show.
640
00:39:39.449 --> 00:39:43.530
The supervisor will also be hearing from poet Luis Rodriguez.
641
00:39:44.110 --> 00:39:49.000
Until then, I'm Dominique DiPrima, KBLA Delegation One.
