4.8 • 4K Ratings
🗓️ 2 August 2013
⏱️ 38 minutes
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0:00.0 | Hey, this is Grant Cardone. Welcome to the Cardone Zone. Every week we come here, I come here to help you with your money, your finances, your business. |
0:07.0 | Look folks, if you're not satisfied, if you're not happy with the conditions of your business, your finances, how you're able to take care of your family, the trip you want to take, the future of your retirement, you are in the right place. |
0:20.0 | Look, I'm a guy that came from nothing and I am fighting for you. I'm concerned about you. I know the politicians can't fix your situation. |
0:29.0 | And I believe I have advice. I know I have advice that will get you out of the trap. |
0:34.0 | President Obama came out in the last week, claimed in a recent interview that he is obsessed with how we are growing the economy, how we are increasing middle class incomes, quote unquote, and middle class wages, and increasing the middle class security for all. |
0:53.0 | Look folks, the Tea Party is going to claim that this pitch by Obama, Mr. Obama, the president of our United States, who I completely support. |
1:03.0 | The Tea Party is going to claim that this is socialism, but it's not. What Mr. Obama is saying in this interview, is he saying, hey, the middle class, we have to grow the economy, we have to increase the middle class incomes, we have to help the middle class out with their wages and their security. |
1:18.0 | Look, this isn't socialism. This is a politician pitchen. This is hype. This is pure politics. This is complete BS in its bogus. |
1:30.0 | And let me tell you why it's bogus. It's not an attack on Mr. Obama. The reason this is bogus, the reason is bogus is because there is no middle class. |
1:40.0 | The middle class does not exist. This has been used by politicians for 30 years. Maybe 50 years. The middle class, the middle class, the middle class. What does that mean? |
1:52.0 | Do you know most people don't even look up what it means to be middle class? Is that an income? Is that a wealth? Is that a certain amount of money? Does that mean you have a certain amount of money in your retirement plan? |
2:02.0 | Does that mean you have job security? What does it mean? Folks, I'm going to tell you, this is Grant Cardone. You're at news 96.5 and I'm telling you the most important information you can hear this week is there is no middle class. |
2:16.0 | And if there is a middle class, if there is a middle class, let me suggest to you, let me suggest to you that you don't want to be in it. |
2:27.0 | You want to get out of it. It is not good for you. Look, the financial concerns around America, I travel, I've traveled every city, probably every major city and most tertiary cities in the United States, everywhere I go this week I was in four cities in two days. |
2:46.0 | Everywhere I go, I hear the same thing. From business owners, big and small, financial concerns grant everywhere. The financial concerns are significant everywhere I go. The majority of people, and I'm talking about you, the majority of people are not addressing the finances, your finances. |
3:05.0 | In fact, the majority of people are going into apathy and giving up. And what they tend to do, and this is a very important thing to understand, what most people do to make sense of their finances is all they do is they compare themselves to someone that's worse off. |
3:23.0 | Look, comparing yourself to someone worse off does not make you better off. You hear what I'm saying? Comparing yourself to your neighbor, or to somebody's out of work, or somebody that's underwater, or somebody that just had a bad thing happened to him, comparing yourself to someone worse off doesn't make your finances better off. Look, I'm concerned for you. |
3:43.0 | I'm concerned that you're not giving your money the proper attention. I'm concerned that you're using rules that no longer work. |
3:52.0 | Just saving won't do it anymore, folks. That's what my mom did. My mom took care of me. When my dad died, my mom was left in charge of the finances to brace three boys, put three boys through school, and manage this much money, just a tiny bit of money. And she did it. She did it by saving, but you have to understand. |
4:12.0 | That was 30 years ago. And 30 years ago, she was earning 10% at the bank. Today, you're earning 0.10%. Did you know that most Americans today like to think of themselves in the middle class? |
4:27.0 | Did you know that? Do you know if you survey most Americans, they're like, yeah, I'm in the middle class. Most Americans want to believe they're in the middle class. Ask them what it means, and most can't tell you what it means. |
4:39.0 | They'll start talking about things like, well, I'm happy. I got a house. I got two kids. I got an education. I'm sending them to school. 79% of all people in the middle class will rely on federal aid at some point in their life. |
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