0:00 to the dream scenario is I get taxed ████ that that's her dream scenario because again rather than donating through philanthropy uh she believes which replicates power dynamics that have created systemic inequalities in the first place I think she's a ████ [Music] so you actually sent over this in our text thread the other day yeah um there was this woman who is set to inherit millions of dollars and wants to give away 90 of her wealth oh it's 90 I thought it was everything it was billions right uh it's for her what she's gonna receive is millions because of she's part of uh it's her grandmother uh who actually just passed away over a month ago and she learned
0:50 oh no that was actually in 2020 wow interesting uh as early in 2020 uh she learned from an accountant that she would inherit millions of Euros following the death of her grandmother who passed away the month prior um her last name engelhorn that family has amassed a multi-billion dollar Fortune which began with Frederick engelhorn who founded BASF one of the world's largest chemical companies about 150 years ago in Germany the headline that I saw that was so funny is it was like um she's heiress is annoyed that she's gonna she's she's so annoyed she's gonna inherit this money and she wants it taxed away a funny way to say it but though the spin that I'm getting from this article is a lot more philanthropic in a different way right um there's a kind of like a disdain for
1:41 non-profits she's so she obviously wants to donate her wealth but there's kind of this oh because it'll just go yeah like it's the same uh I guess the the way she describes it is there's the same systemic issues in like modern society and stuff like that those systemic things are present in like non-profit organizations and Charities whereas if she gets taxed on this money and and the wealth are just tax more that kind of initiative that that money will at least go into the system that benefits like the larger group or it just sucked away too yeah she doesn't think that the same issues are in the government yeah it gets sucked away both ways dude but maybe it's different in Germany maybe like it's not like here like they trust their government maybe they're really efficient maybe because I mean when you go to you a lot of places in Europe don't look all
2:31 ████ up like here like it's like it's like LA right it's one of the most prosperous cities in the world but it looks like it looks post-apocalyptic yeah for sure right yeah but then like I'm pretty sure Europeans come to LA and they're just like what the ████ is this time dude yeah and then you're they're like walking down the street and they get like robbed and ████ like it's like right man it's so different from when I walked around you know like London or Amsterdam or whatever aside from all the beautiful ladies that are in glasses I was like what's going on like why is the street so clean and so different like I was like is this is this yeah I'm like why is there no trash and people sleeping all over the floor like what kind of city is this it's not a real City that's true when you think of La as like generating that much money and then
3:23 you look at it you're like that place is the one generating that much yeah in New York and all that he came to LA and he posted a really cool documentary story I was like look how many public bathrooms there are Corner yeah la generates more money than a lot of European cities but for some reason we can't be efficient and clean and like our bus system sucks like it's always an hour late our entire public transport system sucks yeah and it's not safe dude like everything just sucks I used to ride that ████ as a kid and then they'll always be like a homeless man ████ pooping on themselves in the bus you know a fight breaking out and ████ like one of my buddies is a bus driver for LA and he says after about noon the only people that ride my bus are all homeless people that talk to themselves that's it damn most scariest yeah and he's just he that's
4:15 what he says he's like I'm ████ really scared and he says they have like a shortage of bus drivers because everybody's scared yeah nobody wants to ride the bus nobody wants to drive the bus I like the idea of the bus being filled with homeless people but they're really just talking to each other crazy asses that happened to my my buddy he's a skid row dentist which is hilarious by itself oh that sounds scary as ████ yeah so like sounds like a good guy he put a photo in our group chat of some like uh homeless guy smeared his ████ all over the front doors and then um the clinic of the clinic of the actual like dentist office and then he was like it's kind of sad because uh all we do is free dentistry for homeless people will be unhappy with something we did they're not in the same world yeah don't tell them not to take it personally yeah he's doing good work no
5:05 he doesn't he's just like it sucks because like because half the time you're getting your hand bit when you're working on them yeah he's like it's the worst thing is that a joke no it's not a joke that's really I love this Rich inheritance story turning into a satire on L.A just dunking on L.A I was thinking about this the other day too because there we go um I saw um it's not homeless related but I saw this video uh remember Adam ruins everything yeah so he has a Conover yeah he has a YouTube channel now and then he was talking about the Patagonia billionaire giving away his stuff and he was kind of like saying how yeah he's not really giving it away because he created this other charity that he's still controlling Patagonia he's giving it to this thing and in the way he's maneuvering it he still benefits right and then and he goes he should pay his fair share in taxes and I
5:57 was thinking about that word fair share and taxes and how billionaires should give taxes to the government and this and then just me being a small business owner and then also seeing corruption in the the city I was like I can understand why entrepreneurs and Millionaires and billionaires don't want to give their money to the government anymore because once you see that the people that take your money in taxes mismanage it severely then you're like I'd rather create my own you know organization and give that way and hire the right people that I trust and I was like no matter what like there's corruption and Shady people in private and public there's no like honorable group so then I'm like which one is the right one like because everyone does have this disdain
6:48 for like government billionaires all this stuff right but it's like maybe we should not look at it in a way where you blanket it as all government is corrupt or all billionaires are ████ up or like you probably want to look at it individually for every single organization and say does this group do it the right way or the wrong way yeah yeah I don't know it sucks to not have a choice when you look at like the homelessness Coalition and how much they've been mismanaging it for ████ decades and it's like oh well there's no alternative like there's no oh you want to donate to this Coalition or that one or this one it's like it goes to the government goes to them and they constantly balloon the budget so it's like what do you do have you heard of the um like I forgot the well term it's more like a lot of government agencies from schools to like military or whatever right uh if
7:38 you don't spend the budget then you don't get the same amount next year and it's almost like how production companies work right so then a lot of there's a lot of waste that goes on in that kind of way of funding um whether it's in film or whether it's in a school because like let's say you have a high school and you have to spend the budget and you actually did well and you have excess because you know you balance your books well now you just have to spend the rest of it or else next year they go oh you don't really need that much money so we're gonna deplete that so what they'll do is they'll just throw away all the tables and chairs and just get new ones even though if it's brand new and then they're like it's it's just super wasteful I got a buddy who works at a uh at a college and um he's like a maintenance guy and he says every year
8:29 he'll hit me up and take photos closed captioning not available hey it's you by the way let's go baby they need to donate that ████ to Goodwill dude a new bunk bed dude I'll get a U-Haul bro yeah you know how it gets to a point where it's too expensive to throw certain things away in a beneficial style yeah like giving it to Goodwill you got to pay somebody to ████ manage that transaction yeah so if you all just shove it in a room then it's over that's true you know and then these individual
9:20 uh maintenance guys just call their homies and go hey you want some ████ lights you want some of this you know and then I want some lights yeah the Sun is up that's crazy how it works though it's good don't you love our system it makes so much sense yeah well in this situation right she's um she wants everything to be taxed away she literally said the dream scenario is I get taxed ████ that that's her dream scenario because again rather than donating through philanthropy uh she believes which replicates power dynamics that have created systemic inequalities in the first place I think she's a ████ people relate to people's individual stories right like when you hear of someone that like that's why we like to watch all these Scorsese movies like
10:11 let's say the guy that robbed the bank that got away like you you put yourself anti-heroes exactly right so now you have someone that came across all this money and everyone in the world is rooting for her what are you gonna do with it and she goes I wish I didn't have it I'm like you ████ ████ awesome with it yeah yeah and then Inspire us all rather than oh my life is too I already had 20 million and this 1 million just made my 20 million even more inconvenient it sucks to see because somewhere out there there's individuals that have all the answers to do a really good thing and all they needed is the money yeah yeah that's the missing part of their foreign
11:01 we shouldn't have all this money just give it to the government so they could spend it on Railways that are never finished let's just keep giving it away like Ballers Anonymous yeah I have a problem 20 million dollars I don't know what to do she has like an opposite Check Into Cash business you know like I hate this money and I don't want it now give it to the government give it to the government so they could just buy more missiles and blow people up come on she has a non-profit do you have a problem with too much money come to me we'll tax it away for you so what does our company do it sets fire to the bills it's a group that is a movement to get other millionaires to be taxed more oh my God but she's an heiress right she's urging government to take more of their money but yeah yeah so that sucks I think there's a difference between an error let's look at that that sucks she didn't
11:52 build the company there's a difference between heiress and entrepreneurs 100 and also I I was watching this documentary about wealthy people in Germany specifically this is the Germans the uh uh what do you call it like wealthy like um Legacy money not not entrepreneurs right money yeah they're a lot of them are low-key and they don't like the attention and out there the culture isn't like the US where we're just like entrepreneurs are rock stars and you can be shamelessly wealthy here but out there a lot of the wealthy people there's a lot of uh Nazi stains because they made a ████ ton of money though some of the same families during the that that era they still Rich so they're trying to hide that that Nazi stain maybe yeah I mean this is in Germany and this is from her grandfather's chemical Factory from 150
12:42 years ago like right behind the chemicals bro chemicals you know which was huge in World War one I'm not touching you know what's really funny though somewhere somewhere in this whole thing she's at a board meeting and there's some Billy Madison guy going no no like the guy in the suits like 13 year old yeah ████ volunteer my money dude imagine that board meeting where then she's got like 12 guys ensues and she's like I've decided what I want to do with it I think this just sounds really out of touch from her Point huh what do you think I think it's actually in touch in her place that's true because like when you didn't earn the money you don't have the same relationship with it that's what I mean but it's like just ████ do something dope it just do something else instead of just giving it to the government give it to JK maybe they just believe in their guns BMW and they can make an M9 M11
13:36 give it maybe out there their government's a little more trustworthy bring back the chocolate taco or something if I was rich that's what I'd do every discontinued Bring It Back start a new business dude come on just do anything else if you want to be likable that's what you do you bring back all the childhood like fast food candies all the stuff that went disconnect what a brown noser huh I'm like a little brown does it [Music] foreign [Music]
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