Market including jobs of the trumpet ministration are doing we will soon be in record territory all they want to discuss is couvade 90 you know for one side agree mr president lets discuss the u. S. Economy and our friends on wall street in fact just last week the Federal Reserve released its legal latest triennial study into consumer and Household Finances and according to Mint Press News the report found that quote millionaires and billionaires hold a remarkable 79. 2 percent of the United StatesHousehold Wealth 2 and then only 11. 9 percent of american households have at least 1000000. 00 in wealth to their name only 11 only 12 percent roughly but but what about wall street us that that magical mystical place that realm of power here in the United States well truth is wall street means. Very little to most americans as a political political reports that the reality is that the wealthiest one percent of americans own 50 percent of the value of stocks held by individual households and the top 10 percent control 88 percent. Of the late great George Carlin famously said its a big club and you aint in it remember that the next time one of these professional liars politicians like us President Donald Trump starts tweeting madly about how great the stock market is doing you see thats actually him paying fealty to his owners and lets start watching the hawks. Was on a city street. There so lets see this is this joyce state. Great city this lays systemic deception is so which. Brings up joe. Welcome everyone to watching the. I robot and im so major wall street hey you know fresh out of the hospital whats tweets about wall street talk about our great wall street and how great is wall street to our greed of the American People just love wall street and i think that your intro was right on point because we know what matters and it is wall street we know the people who invest in wall street arent the people who are crying out for help on main street every day right now we also noticed that today the president has argued that he is not going to push for a copay 1000 really bill that package of money that americans were hoping to get so that they could pay their rent make sure that they could make their electric bills and all these other things its just not coming so i think that you know we have a stronger recognition for those who already who cares about the most and its not the everyday citizens it is those one percenters who actually are watching the stock that we day in. You know they make their money off of them yeah i mean look at a survey by the Federal Reserve this new survey showed that more than half of American Families 52 percent were invested in the stock market as of the 2nd quarter this year but that was mostly through up through really a lot of direct owners and thats mostly through retirement for a one k. Things like that thats not people out earning money on the stock thats people whose businesses or retirement plans through their businesses put their money or start work youre absolutely correct and today when you have a predominance of the American Workforce that is doing the work that means that they are not only in most cases not full time employees and they dont have benefits they also dont have a 41 k. In existence this is it 203040 years ago where people were looking to that you know part of their retirement plans and there are a lot of folks today who dont know what those retirement plans are going to look like and are dont even have enough money in their savings to consider anything related to retire because the bottom half of all earners only one 3rd thats earners as people with a job actually were lucky enough to have only one 3rd are actually invested in any kind of equities or stocks compared to more than 90 percent and 90 percent of families in the top 10 percent of income basically the stock market is a rich mans game and when you look at what how the pandemic has affected all of this yelp reports that the review site yelp reports that 60 percent of businesses have had to close during this pandemic Small Businesses and that are now permanently shut youre never going to get them back so guess what your big your big corporate people who got bailed out the most from congress and donald trump theyre fine every other business struggling more than 60 percent and i think thats important thing to note because it shows what congress prioritize and thats an argument for both sides i mean i lean more on the liberal side of things when i think about this that is something that democrats could have in the house controlled more than they did what we saw was that stimulus package money the money that was supposed to bail people out in large part went to corporations in it went to the state organization it did not go to the Small Businesses which are the engines of not only american. But also employment for people across the globe and look you know the colors a big issue here you know in this in this country right now and when you look at who really has money and wall street im sorry wall street is one of the whitest streets in america when you really break it down 89 percent of the value of stockholm by american households was held by white families compared to get this just 1. 2 percent by black families 80 to 1. 2 percent just point 5 percent of wall street is held by hispanic families thats a massive gap wall street is a wealthy white mans game and always has been its almost like monopoly. At the end of the day if youre somebody who is not in that range youre not a part of that power structure where you have a quarter of a 1000000. 00 for the most part you are not watching stop daily youre not getting your investment youre not your investment portfolio isnt that you most americans are just worried about keeping food on the table making sure there are enough cover for the next month they are not have attempted to the stock market because the stock market doesnt necessarily affect their day to day work no it does not William Spriggs a professor of economics at Howard University and the. Chief economist of the basically said quote when the stock market goes up that exacerbates wealth inequality for blacks and for hispanics because they just dont own stocks and thats thats the honest to god truth and thats whats sad because we talk about wanting to get money into those communities stable real money into those dreams but guess what this is interesting all that money that should be going to the people is going upwards as we know jeff bezos the big dogs you know theyre all just sucking up the wealth of this country but thats not just true for the u. S. Thats around the world in fact a report out of scotland found that the richest 20 families have as much wealth as the bottom 30 percent of the population this is a global issue that we need to start addressing now. Another day another headline of an unarmed black man being murdered by a Police Officer. The 31 year old Jonathan Price lost his life on saturday lou News Coverage spoke of the murder until today because today officer sean lucas was charged with murder a course of events that actually happened swiftly considering in most cases it takes weeks or months for an officer to be arrested and charged after a Fatal Shooting could this incident turn the tide lets dig deeper Jonathan Price was a pillar of his community a City Employee of volunteer and well known Public Servant price witnessed a fight at a local gas station and will city texas between a woman and a man and he intervened price was attempting to diffuse the situation and reduce any potential harm to the woman and at some point a passer by presumably called Law Enforcement but by the time theyd arrived pryce had already defuse the situation. Price was truly a hero that likely prevented a complete stranger from suffering from Domestic Violence but when Police Arrived on the scene price was given anything but a heros welcome by the camera footage showed Police Officer lucas tasing price even though there was no aggressive or threatening posture that would have supported that level of force price was actually walking away when he was struck by a lecture wave of the stun gun and after that already unnecessary use of force the Police Officer then proceeded to shoot price in the back 3 times price was unarmed according to an official statement from the Texas Rangers with camera footage the rangers now say the preliminary investigation indicates quote the actions of officer lucas were not objectionably reasonable. Officer lucas has since been arrested and charged with murder his bond is that for 1000000. 00. Wow well well well that is a credible lead what were looking at because it just it just boggles my mind well im happy to see that we might like you said we might i mean what do you think do you think this is a turning point. Some departments across this country are saying rather than longer at this so rather than claim that you know were going to put it were actually going to charge someone with charge an officer with murder when they act over the line like this i think this case presents its own bit of differences from some of the other ones that weve seen 1st and foremost there is somebody who is still who was there on the scene who also witnessed this happen the woman who actually got involved in engaging in disrupting that fight where it looked like she was being threatened by a male but the other thing that is very interesting here is that the Texas Rangers and the Police Officers have already you know the police force has already come out because they had to the video had already been released. Showing that this man posed absolutely no threat not even for the stun gun much less him actually being shot in the back 3 times this was somebody who is technically a pillar of the community he had come in and he had tried to stop a fight which is something we would expect or at least hope for if i am is just passing by and sees that a woman is being threatened but the interesting note i want to make here was that this is a type of hero conservative tried to make rittenhouse remember the young man who decided he was going to take a gun and travel you know to a whole nother state. And wound up killing multiple people and conservatives talked about it is though he was somebody who was protecting his community and that wasnt even a community in this case this is where Jonathan Price was born and raised this is his place this is a place where he is known this is a place where he is respected he works for City Government a place where all of his neighbors know who he is he saw something he decided to do something tried to intervene and wound up losing his life well. Its interesting when you really look like when you point out that this was somebody who you know is well if you put all the chalk marks that you know you see a lot of times in Media Literacy like white kids or me youre like whoa this person was clearly you know a bad guys so somehow they deserved to get choked out or this person had a criminal records are somehow. They deserved to get you know did get shot 6 times in the butt but as you point out this wasnt this guy so theres no excuse for this but why is that somebody has to have this pristine record to actually see charges correctly brought against the police when the record shouldnt even come into play it should be the actions of police right well of by somebody you mean black people you know exactly you know translation i think that part of that is how america sees black people specifically black men is always having to prove themselves innocent 1st and thats not something that you know that that happens when white men are involved in this type of thing so i think that in this case were seeing quite frankly an expeditious process in him being charged this happened on saturday so just a few days later there are already charges hes already been arrested that is unheard of and Police Involved shootings it so i do think that thats a very important point to note i think it is a good point to note i mean i would hope that were going to see. You know because thats how many cases we see it even with body can footage and things like that roll over and over and over and over again where its costly like you see the police union step in and everyone then let the gears of justice just stop and roll slowly it may be this is that i hope its a sign that like hey you know what would people shoot people or who are trying to help people in our community that maybe we should actually hold cops accountable when they step over bounds like this absolutely and there is a Facebook Post that that price did just like 4 months ago that is now being brought to light may think that its important our viewers to see that as well in the Facebook Post price that there were times i should have been detained for speeding outstanding 5 patients outdated registration dozing off at a red light before making it to my garage Downtown Dallas after a long night i passed a sobriety test after leaving a bar while a texas by 2 white cops and they fill let me drive to where i was headed and by the way they consider wiley texas to be very racist ive never got that kind of energy from the popo nothing black lives no matter. But dont forget about your own or your experiences the road and waking up. So its coming to light that. It seems that price wasnt necessarily somebody who was gung ho about the be a Limb Movement he himself had necessarily experienced a lot of Police Violence or Police Interrogation in the past and felt as though he was in a Safe Community so now it is even though these times are clearly pointed out by him himself and in his own words he felt as though he was treated fairly by Police Officers or may have even gotten off from some things that he might not have thought that he would have there still comes that point where you could lose your life you know theres always going to be that point where its going to be a bit wrong and i hate to say that i had to say that but its true its like i think brought the point that up perfectly its like hey you might not experience these kind of ills on a day to day basis that you hear other people talking about that your other people marching about but that doesnt mean it isnt going to come around and affect you at some point absolutely and i think about something we all have to remember i think i couldnt agree with you more could not agree with you more all right everybody as we go to break remember that you can also store watch and demand the new portable t. V. Which is available on all platforms again thats portable t. V. And we want to check it out coming up our team america sports producer jim ahead joins us to discuss the latest controversy concerning americas favorite pastime baseball and then turn to the chavez will bring us the latest on Donald Trumps battle over 19 so you definitely want to stay tuned to watch. The occupant of the white house this january what cheney easily predicted is the state of the economy or tens of millions of citizens it appears what is called the change shaped recovery is permanently dividing the country in the house and have nots this seems to be acceptable for those who are. Coming. Out of the window sill just know that the get a list of all the wealthiest. People think i want to make i want to fly if i do not know who the hell out of the. Clear we hope to be but theyre here all right some friends of the us are still so but the so youre hoping to do something this year. To try for sure. They have about the lack of a simple alibi the cell phone and i was able to put them on them that you know would have happened. The u. S. Supreme court is in the spotlight again and this time it has nothing to do with the Controversial Supreme Court justice boys to feel the seat left vacant by the late Justice Ruth Bader ginsburg nope this time the highest court in the land is making news for taking all one of americas favorite pastimes baseball the Supreme Court recently been requests to dismiss a lawsuit that seeks to increase wages for Minor League Players this could be a watershed moment for wage purity but it doesnt come without hurdles here to tell us more is our team Sports Correspondent said you know how well they were doing. What were doing up this lawsuit by Minor League Baseball players was given the green light to go ahead and trial court even though the Supreme Court denied a request to take the case can you give us the cliff notes version of that lawsuit its pretty basic when you drill down to it mean it Minor League Baseball 2014 decided they werent being paid enough and major League Baseball said yes you are thats the nuts and bolts if you want to dig a little bit deeper into it they were getting paid less than 7500. 00 a year to put that in perspective the poverty l