Speaker 1: Welcome to another episode of The Chips on the Right
Show where we talk to our friend and sponsor of
the show, Zach Abraham from Blolwark Capital Management. Zach is
here today to break down a new Kamala proposal. This
is crazy. I'm going to read directly from her plan.
The quote says she will ensure that black men can
build wealth and achieve economic success by providing one million
loans that are fully forgivable of up to twenty eight
thousand dollars to black entrepreneurs and others who have historically
faced barriers to starting new businesses. So how is a
forgivable loan not just a handout? Like? Why what is
this terminology?
Speaker 2: I was gonna say, My wife is the majority owner
of our firm, and she started it with me, and
my wife's half black, and she didn't need a loan
from Kamala Harris to build our right and my wife
grew up her real father's doing a stint in prison
for stepfather's awesome, awesome guy, but grew up, you know,
in not advantage at all, like a young mom. I
think your mom had her when she was nineteen, you know.
And I'm waiting for and my wife talks about this
all the time. But I'm waiting for people, especially minorities,
to become insulted by this. Right your your chance of
success is non existent unless you have our health right now. Meanwhile,
I'm going to avoid the fact that I'm a black
woman running for president, right yeah, in a party whose
last popular president was a two term black man, right Like,
And you're just sitting there going when will this When
will this narrative die? You know? Quite honestly, I think
what you need to do is you need to repeal
a lot of the a lot of the laws and
regulations you have. They give large businesses such an advantage
over you don't need to target black people. Make it
easier to start and build businesses in this country. And
black people will be among the people that take advantage
because they're not stupid, because they don't need your help,
right they need you just to get out of their way.
It's obvious. It's obvious.
Speaker 3: Pandering is what it is. It's pandering two group people.
It's and I feel like you're absolutely right, like they
should at this point, they see exactly what she's doing
because she's just like miss pander pants all over the place.
Speaker 2: Yeah, and I think you know, I was reading an
article today too. I really sense and this is kind
of crazy because I wouldn't have said this a week
and a half ago. There must be some alarming internals
that they're looking at, because you sense desperation coming out
of that campaign, and people are like, what are you
talking about? She she has agreed to go on with
Brett Bear on Fox, and she is currently negotiating with
Joe Rogan to get on the Joe Rogan Show. Okay,
those when you look at what she's done up until
this point, these are hail Mary political attempts because no, no, no,
just like she's a great she's stumbling over softballs, right,
she's stumbling on the view. Okay, you put her in
front of Rogan or Brett Bear, it's gonna be. But
what it tells me and then you more of these
kind of pandering type policies. Like I said, I'm not
sure what's changed in the last two weeks, but I'm
looking at this campaign going from the outside, looking in,
going you must be seeing some really bad numbers, because
that's the only thing that really makes sense here.
Speaker 3: Something is wrong because like in this policy, she's saying
stuff like, oh, you know, I'm gonna cut red tape
for these people. She could have done this for the
past four years, and she could have done it for everybody.
Has your melanin content does not matter when you're a
business owner, like you nailed it when you talk, it doesn't.
It doesn't matter how much mell like we all because
we're business owners. You're a business owner. We know a
lot of business owners. And you know what, the government
just needs to get out of our way and let
us do what we need to do. We suffer, I mean,
like especially around tax time. I think you feel our
pain like we. It is tough, and so they really
need to They just need to get out of our
way and let us do our things. And when it
comes to regulations and all the hoops we have to
jump through, if.
Speaker 2: They just.
Speaker 3: Let us do what we do best, there would be
a lot of things that like, you get it, you
totally get it. They are in our way and there's
regulations and red tape and bureaucracy that they don't need
to have there. And she's like, well, I'm going to
do that now. Why didn't you do it four years ago?
Speaker 1: Oh my god, Well, this whole thing is completely unconstitutional
regardless to target something like this that is essentially a
giveaway of more of our tax money to just black people, Like,
how how is that legal.
Speaker 2: On racial criteria? Here's the other thing too, And again
I feel encouraged because I feel like there are some
signs of it picking up. But again, my wife and
I talk about this, and we've talked to our kids
about this, and history is replete with these examples. If
you want to know who your friends and your enemies are, right,
A good way to identify an enemy or somebody doesn't
have your best interest at heart is the person that
tells you that you can't do something and then tells
you all the reasons why you can't. Right. A friend
is somebody that tells you you can and shows you how. Right,
And all I hear coming out of this party is
why you can't succeed, why you can't succeed, why you
can't succeed you, and here are all the reasons why,
and it's all stacked against you. Meanwhile, we're going to
ignore the fact that I am exactly what you are
and somehow I succeeded, right, which kind of gives you
a glimpse into oh, because you're a special minority, right,
You're one of the smart ones. The rest of them
are adults running around that need you in the state's help.
And it's just it's so condescending and it's so ridiculous.
Like I said, I hope and I think people are
waking up to it, because you know, these aren't even
political debates. This is asinine. It's like the reintroduction of
reverse Jim Crow laws like that gets us to a
better place.
Speaker 3: Yeah, But when it comes to role models and stuff, Zach,
I want my daughter looking up to somebody like your
wife who does own a business, rather than my daughter
looking up to a politic like a a Kamala, right,
because could let's face it, when they talk to business
owners like these politicians and they try to talk to people,
when they try to talk to business owners like us,
they don't know what they're talking about because they've never
built something, owned something, created something, they've never created jobs
for crying out left, So they don't get it, which
is why a lot of people are gravitating towards the
Trumps and the Elons and those people on that site
on our side of the aisle, because they know that
they get it. They understand us. They know what it's
like to build things and creating and innovate.
Speaker 2: Yeah, and and and it's so it's so frustrating and
so and so maddening to me because literally what they're
out there preaching is the exact opposite of what these
people need to hear, right, right, meaning, look, the American
dream is still alive and well. And that is that
if you get up in the morning, and you get
up earlier and work harder than anybody else, you're not guaranteed.
But man, it's pretty if you do those things consistently enough,
it's amazing what happens. And to tell them, and to
be out there telling these people that that's not the case,
it's just, you know, it kind of goes along to me.
It goes along with sort of their whole narrative, right,
which is, you know, we're so you know, look at
look at the priorities of freedoms. They're worried about, right,
They're they're worried about a insurrection on our capital, and
they're not worried about the you know, the infringements on
free speech. Right, one worries me substantially more than the other.
And It's just like you look at them constantly and
you're you could not be looking in the wrong direction
more often than you wont right talk about the gang
that couldn't shoot straight. It's just it's amazing.
Speaker 1: Yea, and certain guyes, did you know that she grew
up in a middle class family, right?
Speaker 3: Exactly, That's right.
Speaker 2: I'm sure she did. Are we shutting back? Yeah? I
mean these are all just slight details, you know. I mean,
she's just playing well for Joe Biden's playbook.
Speaker 1: You know, this is a highly tumultuous time and we're
all we're like living through some serious history right now.
And I know people in general, us included, we get worried,
I mean about what's going to happen with these election,
what that's going to do to the financial world that
we all live in. And this is what you are
an expert at. So we always tell people during our
show that they should reach out to you for a
free risk review or at least tune in to your podcast.
How can people do that?
Speaker 2: Yeah, I think the easiest way is you contact us
directly by just going to our website Bordcapitalmanagement dot com.
Know Your Risk Radio podcast. We're all over the place.
You can just google us. And yeah, I mean, like
we've talked about before, I think that now is a
time where you do need to be concerned about downside risks,
but there's also incredible opportunities out there in things that
can protect you from inflation. And that's something that people
are still really sleeping on. And you know, we're seeing
some seeing some really big exciting things happen in that
in that part of the investment world. So it's, yeah,
it's protecting against risk, but it's also you know, taking
advantage of some really amazing opportunities that I think are playing.
Speaker 3: I love the positivity. I love that.
Speaker 2: Well, you know, it's the old adage my grandfather you say,
you know, it's like the little kid digging through the
high pile of horse manure. Right, if there's all this
horse maneuver, there's got to be a pony somewhere, totally total.
Speaker 1: Ye.
Speaker 2: So there's always there's always, there's always opportunities out there,
and yes, really exciting ones right now. I love it.
Thank you, Zach.
Speaker 1: We appreciate you as always, all right, thanks for having.
Speaker 2: Me on Investment advisory services offered through Trek Financial, LC
and SEC registered investment advisor. The opinions expressed in this
programmer for general informational purposes only, and are not intended
to provide specific advice or recommendations for any individual or
on any specific security. Any references to performance of security
so it thought to be materially accurate, and actual performance
may different. Investments involved risk and or not guaranteed.
Speaker 1: Past performance doesn't guarantee future Sol's track twenty fourth thres
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