WEBVTT 00:00:00.000 --> 00:00:01.350 align:middle line:90% 00:00:01.350 --> 00:00:13.212 align:middle line:84% Now, [CLEARS THROAT] what we are up against is formidable. 00:00:13.212 --> 00:00:16.620 align:middle line:84% It has the best highly paid lawyers 00:00:16.620 --> 00:00:21.000 align:middle line:90% in the country working for it. 00:00:21.000 --> 00:00:27.870 align:middle line:84% It has all of the forces that want to, in a sense, sell, 00:00:27.870 --> 00:00:36.360 align:middle line:84% sell our lands which are in many ways our souls. 00:00:36.360 --> 00:00:38.640 align:middle line:84% The poem I'm going to tell you next 00:00:38.640 --> 00:00:43.350 align:middle line:84% is an example of that selling, ruthless selling. 00:00:43.350 --> 00:00:45.995 align:middle line:90% 00:00:45.995 --> 00:00:46.620 align:middle line:90% [CLEARS THROAT] 00:00:46.620 --> 00:00:51.360 align:middle line:84% I was in the Plaza Hotel in New York City, 00:00:51.360 --> 00:00:53.490 align:middle line:90% and I happened to be able to-- 00:00:53.490 --> 00:00:56.460 align:middle line:84% in New York, people are so jammed together 00:00:56.460 --> 00:01:00.840 align:middle line:84% that they didn't realize that there was someone there 00:01:00.840 --> 00:01:08.280 align:middle line:84% who was aware of them because they couldn't imagine 00:01:08.280 --> 00:01:13.390 align:middle line:84% that anything like that would occur. 00:01:13.390 --> 00:01:17.580 align:middle line:84% But I was from here, and so I was 00:01:17.580 --> 00:01:20.400 align:middle line:90% hearing what they were saying. 00:01:20.400 --> 00:01:23.070 align:middle line:90% What they said was-- 00:01:23.070 --> 00:01:28.650 align:middle line:84% and I call this "Businessmen Overheard 00:01:28.650 --> 00:01:34.410 align:middle line:84% in the Palm Court Restaurant of the Plaza Hotel, New York 00:01:34.410 --> 00:01:37.650 align:middle line:90% City, America." 00:01:37.650 --> 00:01:39.000 align:middle line:90% "Take them. 00:01:39.000 --> 00:01:41.640 align:middle line:90% Invite them out to lunch. 00:01:41.640 --> 00:01:43.260 align:middle line:90% Don't get attached. 00:01:43.260 --> 00:01:45.960 align:middle line:90% It's money. 00:01:45.960 --> 00:01:47.850 align:middle line:90% It's property. 00:01:47.850 --> 00:01:49.830 align:middle line:90% It's real estate. 00:01:49.830 --> 00:01:52.140 align:middle line:90% It's things. 00:01:52.140 --> 00:01:56.130 align:middle line:90% You say, do you want to sell? 00:01:56.130 --> 00:02:01.050 align:middle line:84% What do you want to pay me to sell it for you? 00:02:01.050 --> 00:02:04.500 align:middle line:84% We made $50,000,000 or $60,000,000. 00:02:04.500 --> 00:02:07.380 align:middle line:90% He died penniless. 00:02:07.380 --> 00:02:13.050 align:middle line:84% His children ask us for $1,000 for the funeral. 00:02:13.050 --> 00:02:15.780 align:middle line:90% It was tax deductible. 00:02:15.780 --> 00:02:18.750 align:middle line:90% Of course, we gave it to them. 00:02:18.750 --> 00:02:20.980 align:middle line:90% Is it legal? 00:02:20.980 --> 00:02:27.450 align:middle line:84% The government pays lip service, but the competition is fierce. 00:02:27.450 --> 00:02:31.200 align:middle line:90% You will have no license. 00:02:31.200 --> 00:02:36.930 align:middle line:84% You will be seen as a mortgage consultant, a foreigner. 00:02:36.930 --> 00:02:41.370 align:middle line:84% Your English will not be like theirs. 00:02:41.370 --> 00:02:47.790 align:middle line:84% The property will be worth more than 8 to 10 times what 00:02:47.790 --> 00:02:50.700 align:middle line:90% we paid for it. 00:02:50.700 --> 00:02:57.430 align:middle line:84% You will ask them for three or four, but before they know it, 00:02:57.430 --> 00:03:00.810 align:middle line:90% you will get $10 million. 00:03:00.810 --> 00:03:08.250 align:middle line:84% When I am going to foreclose, I pay the lawyers 00:03:08.250 --> 00:03:16.740 align:middle line:90% maybe $50,000, 4%, 3%, 5%. 00:03:16.740 --> 00:03:21.040 align:middle line:84% The poor man never wants to pay the lawyers. 00:03:21.040 --> 00:03:26.490 align:middle line:84% So you know the poor man will lose. 00:03:26.490 --> 00:03:29.205 align:middle line:84% These companies are like candy stores. 00:03:29.205 --> 00:03:31.740 align:middle line:90% 00:03:31.740 --> 00:03:35.610 align:middle line:90% Make all the dough you can. 00:03:35.610 --> 00:03:39.780 align:middle line:90% Buy today, sell them short. 00:03:39.780 --> 00:03:44.550 align:middle line:84% Take them invite them out to lunch. 00:03:44.550 --> 00:03:48.600 align:middle line:84% Subdivisions in mountain valleys, 00:03:48.600 --> 00:03:55.740 align:middle line:84% wild, running rivers, country ways of livelihood, 00:03:55.740 --> 00:04:03.750 align:middle line:84% deer, cowboys, mountain lions, javelina, don't get attached. 00:04:03.750 --> 00:04:05.280 align:middle line:90% It's money. 00:04:05.280 --> 00:04:07.380 align:middle line:90% It's property. 00:04:07.380 --> 00:04:09.240 align:middle line:90% It's real estate. 00:04:09.240 --> 00:04:12.000 align:middle line:90% It's things. 00:04:12.000 --> 00:04:13.440 align:middle line:90% Take them. 00:04:13.440 --> 00:04:16.490 align:middle line:90% Invite them out to lunch." 00:04:16.490 --> 00:04:18.000 align:middle line:90%