📄 Extracted Text (10,703 words)
[00:00:00] Well, the Diddy trial is prosecuting the
[00:00:03] wrong case, and there's something fishy
[00:00:05] going on with Red Lobster's bankruptcy.
[00:00:08] Also, some of you might be wondering who
[00:00:11] the hell I am. So, today we're going to
[00:00:13] take you all the way back to the first
[00:00:14] story I ever covered on TikTok where I
[00:00:17] exposed that there's poison in the baby
[00:00:19] food. We'll also respond to some of your
[00:00:21] comments. Welcome back to
[00:00:26] Candace.
[00:00:27] [Applause]
[00:00:28] [Music]
[00:00:29] [Applause]
[00:00:32] [Music]
[00:00:37] Our first story today is about food. A
[00:00:41] specific kind of food that most of you
[00:00:43] probably eat, but you probably never
[00:00:44] realize that this food has a serious
[00:00:47] dark side. And I'm speaking obviously
[00:00:51] about shrimp. Endless shrimp to be
[00:00:54] exact. Last May, Red Lobster filed for
[00:00:57] bankruptcy. And at the time, I had
[00:00:59] mistakenly assumed that it was because
[00:01:01] of mismanagement in some sort of private
[00:01:03] equity buyout like all the other cool
[00:01:06] kids these days. But it turns out that
[00:01:07] that's old news. Private equity had
[00:01:10] already been there and done that way
[00:01:11] back in 2014 when Red Lobster had been
[00:01:14] bought out by Golden Gate Capital. And
[00:01:17] what did they immediately do? Well, if
[00:01:19] you watched our show yesterday, you
[00:01:21] would know that they sold off all of Red
[00:01:23] Lobster's real estate in a lease back
[00:01:25] scheme. Much like Toys R Us and all
[00:01:28] sorts of other brands before then, they
[00:01:30] actually used this lease back scheme to
[00:01:32] finance their initial purchase of Red
[00:01:34] Lobster, like a leverage buyout that we
[00:01:36] already talked about. But color me
[00:01:39] surprised when I looked up who owns
[00:01:42] Golden Gate Capital. It was founded by
[00:01:44] former professionals from private equity
[00:01:46] firm Bane Capital and its affiliate Bane
[00:01:51] and Company led by former Bane Capital
[00:01:53] partner David Dominic. So you remember
[00:01:56] how last time we talked about how Bane
[00:01:59] Capital was the private equity arm and
[00:02:01] Bane and Company was the consulting arm
[00:02:03] and they would never work together,
[00:02:06] right? But not only that, when you look
[00:02:09] up the real estate company that they
[00:02:11] partnered with in the deal, later that
[00:02:13] same year, 2014, they got busted for a
[00:02:17] little $23 million accounting
[00:02:20] error. This is coming from a couple
[00:02:23] different sources online as well as
[00:02:25] Wikipedia to summarize it all for us.
[00:02:27] The company was formerly known as
[00:02:28] American Realy Capital Properties, Inc.
[00:02:31] and it changed its name after an
[00:02:33] accounting scandal. His name was derived
[00:02:35] from the Latin word veritas, meaning
[00:02:39] truth. In October 2014, the company
[00:02:41] admitted to $23 million accounting error
[00:02:44] and fired chief financial officer Brian
[00:02:46] Block. Lawsuits alleged that insiders
[00:02:48] received over $900 million in fees from
[00:02:52] the company. In December 2014, Shorch
[00:02:55] resigned as chairman. Remember 2014,
[00:02:59] right around the time that they had just
[00:03:01] bought back all these properties from
[00:03:03] Red Lobster. That's when they were doing
[00:03:05] this whole accounting error. In July
[00:03:09] 2015, the company changed his name to
[00:03:11] Verit. Verate. Verite. In September
[00:03:15] 2019, certain defendants agreed to pay
[00:03:18] $1.025
[00:03:20] billion. So, that's a little bit of a
[00:03:23] whoopsies. But anyways, we're getting
[00:03:25] distracted. Back to Endless Shrimp.
[00:03:27] Endless shrimp led to an 11 million
[00:03:31] operating loss in Q4 of 2023. There was
[00:03:34] also the fact that when parties arrived
[00:03:36] at Red Lobster looking to pig out on a
[00:03:37] barge full of endless shrimp, they
[00:03:39] simply wouldn't leave. Burke's
[00:03:41] experience serving a man who put away 16
[00:03:43] servings over the course of 2 hours was
[00:03:45] actually mild compared with some of the
[00:03:47] other stories I've heard. Josie, 19, who
[00:03:50] also asked to be anonymous, super
[00:03:52] anonymous, worked at a now shuttered
[00:03:54] Kansas City Red Lobster, where she
[00:03:56] watched a solo diner take down 30 orders
[00:03:58] of fried shrimp within 4 hours.
[00:04:01] According to the nutritional information
[00:04:02] on Red Lobster's website, that's
[00:04:04] something like 14,000 calories, bulking
[00:04:08] season.
[00:04:09] But if you read enough headlines and you
[00:04:12] you quickly start to realize there is a
[00:04:14] shrimp spiracy of foot and that's
[00:04:17] because Red Lobster was bought in its
[00:04:20] entirety by a company named Thai Union.
[00:04:24] Thai Union owned Red Lobster and is
[00:04:27] actually under investigation for its
[00:04:28] role in this whole debacle. That's
[00:04:31] because Thai Union not only owns 100% of
[00:04:34] Red Lobster, but was also historically a
[00:04:36] large-scale supplier to the chain. Just
[00:04:39] before this promotion, they eliminated
[00:04:41] all other shrimp suppliers. Thai Union
[00:04:43] is one of the world's largest shrimp
[00:04:46] suppliers, as well as all sorts of other
[00:04:47] seafood like canned tuna. And I can only
[00:04:50] presume that their goal with Red Lobster
[00:04:52] was never to run a successful restaurant
[00:04:54] company, but instead to perform the
[00:04:56] world's first shrimpbased bustout
[00:04:59] scheme. Because remember, the Red
[00:05:01] Lobster company had already been looted
[00:05:04] by private equity before Taiun bought
[00:05:06] it. So unless Taiun is dumb, when they
[00:05:10] bought it, they already knew that Red
[00:05:11] Lobster was in big trouble. And when
[00:05:14] they owned it, what did they do? They
[00:05:16] cut off all the other shrimp suppliers
[00:05:18] and turned themselves into the sole
[00:05:20] provider of shrimp and then offered this
[00:05:22] crazy deal where Red Lobster tanked on
[00:05:25] buying endless shrimp from Thai Union.
[00:05:28] And when you dig into Thai Union's most
[00:05:29] recent financial statements, they own 62
[00:05:32] different seafood companies around the
[00:05:34] world. Many of them specifically shrimp
[00:05:36] farms, packing, and distribution
[00:05:38] companies. But when you add up all the
[00:05:40] companies they own more than 25% of,
[00:05:43] that number jumps up to 76. Thai Union
[00:05:46] Group is the world's largest seafood
[00:05:48] company and ranked number one in the
[00:05:50] food production industry on Dow Jones
[00:05:52] sustainability index which might be true
[00:05:55] as long as slavery isn't one of their
[00:05:57] metrics because this report was produced
[00:06:00] by sustainability incubator just last
[00:06:02] year about the rampant human rights
[00:06:05] abuses in the shrimp industry. Thai
[00:06:07] Union is mentioned numerous times, often
[00:06:10] referencing their subsidiary, Chicken of
[00:06:12] the Sea, which is one of the US's
[00:06:14] largest retail seafood suppliers. The
[00:06:17] report points out that at the prices
[00:06:19] paid per kilogram in these sourced
[00:06:21] countries, it's literally impossible
[00:06:23] that slave labor and exploitation aren't
[00:06:25] involved in the supply chain. Based on
[00:06:27] their analysis, average monthly earnings
[00:06:29] for shrimp peelers are the lowest in
[00:06:31] India.
[00:06:33] Yeah, I'm not sure what happens to
[00:06:35] Ecuador uh between where the shrimp are
[00:06:38] cheap and where the wages are recorded.
[00:06:40] Like maybe they're not even paying wages
[00:06:41] in Ecuador. I don't know. But suffice to
[00:06:44] say, it's probably not too good of an
[00:06:46] industry to be dealing with shrimp in
[00:06:48] Ecuador. This isn't just some hairbrain
[00:06:50] theory that Sustainability Incubator
[00:06:51] cooked up. You might not have noticed
[00:06:53] the massive scandal that rocked the
[00:06:55] shrimp industry a decade ago, but we're
[00:06:57] going to dive all into it today. But
[00:07:00] before we detail the modern shrimp slave
[00:07:01] trade, I want to read to you a bit from
[00:07:03] the book, The Secret Life of Groceries.
[00:07:06] Because you see, shrimp were notoriously
[00:07:08] hard to farm or domesticate. When put in
[00:07:11] farming conditions, their sexual
[00:07:12] development gets stunted by stress, and
[00:07:15] females just don't develop ovaries for
[00:07:17] reasons we don't entirely understand.
[00:07:19] And the book goes into this in pretty
[00:07:21] interesting detail. And then stuff gets
[00:07:23] really wild. The single great
[00:07:25] breakthrough came in a fittingly bizarre
[00:07:27] and brutal manner. Then as now, those
[00:07:29] trying to make aquaculture work raised
[00:07:31] their shrimp in overcrowded tubs. And as
[00:07:33] their shrimp swam around and around in
[00:07:35] circles in these tubs, their outside eye
[00:07:37] would rub against the side of the tank.
[00:07:39] And slowly, after God knows how many
[00:07:41] circles and god knows what type of
[00:07:42] crowded environment, the outermost
[00:07:44] eyeball of the outermost shrimp in these
[00:07:46] tubs would eventually get rubbed right
[00:07:48] off, erased by friction. And from this
[00:07:51] misery, an industry was born. It turns
[00:07:54] out that for as of yet biologically
[00:07:56] unexplained reasons, a female shrimp who
[00:07:59] loses a single eyeball gets fasttracked
[00:08:01] through puberty. Her ocular loss
[00:08:03] unleashing a cascade of hormones that
[00:08:05] begets ovaries in as little as 3 days.
[00:08:08] This was not predictable, nor does it
[00:08:09] fit with some grand anatomical theory of
[00:08:11] shrimp endocrinology. But it is very
[00:08:13] real and some supremely attentive farmer
[00:08:16] noticed it and began snipping eyeballs
[00:08:18] off by hand in an attempt to replicate
[00:08:20] it. Soon the process went mainstream. It
[00:08:24] was studied and verified in the lab. And
[00:08:26] although nobody could quite explain
[00:08:28] itock ablation, the quirky stride of
[00:08:31] science skipped merrily forward, pushing
[00:08:33] shrimp aquaculture into a new
[00:08:37] age. So as this practice was invented in
[00:08:40] the 70s, Thailand was one of the world's
[00:08:43] leading shrimping industries because of
[00:08:44] the waters around Thailand. But now
[00:08:47] there was surging demand and so they
[00:08:50] needed laborers to fill it. Fortunately
[00:08:52] for the Thai shrimping industry, Burma
[00:08:55] is right next door. You might know it as
[00:08:57] Myanmar or Burma depending on what time
[00:08:59] period your history book was written.
[00:09:01] There are no shortage of refugees trying
[00:09:03] to escape to Thailand from Burma.
[00:09:06] Myanmar for a better life. There has
[00:09:09] been civil wars and coups and bloodshed
[00:09:13] in Burma since before most of us were
[00:09:15] born. And this book, The Secret Life of
[00:09:19] Groceries, tells the story of a specific
[00:09:22] person who became a fisherman, not by
[00:09:25] choice, who came from Myanmar to
[00:09:27] Thailand looking for a better life and
[00:09:30] wound up as a slave to the shrimping
[00:09:33] industry. Bit of reference on where he's
[00:09:35] coming from. There's no simple frame of
[00:09:38] reference for rural Myanmar at this
[00:09:39] time. It's feudal and corrupt. Trapped
[00:09:41] in time without electricity, running
[00:09:43] water, or paved roads, yet bedcked with
[00:09:45] assault rifles. Tunllin doesn't grow up
[00:09:47] with a floor, but does remember his
[00:09:49] father's N16, leaning against the walls
[00:09:51] of their hut. Transportation to the
[00:09:53] front is largely on oxdrawn carts. The
[00:09:55] country at this time is in perpetual
[00:09:57] civil war between the government and the
[00:09:58] communists, between small mercenary
[00:10:00] armies funded by industrialists and
[00:10:01] rival tribes, between ethnicities and
[00:10:03] religions in the different sub regions,
[00:10:05] all of whom ally with each other and
[00:10:06] disband and realign to create chaos.
[00:10:10] He leaves his home village without
[00:10:12] telling anyone, bringing three t-shirts,
[00:10:14] three pairs of pants, one blanket, and
[00:10:16] the shoes he is wearing. He doesn't have
[00:10:17] a proper bag, so he uses a plastic one.
[00:10:20] He crosses the border at the town of
[00:10:21] Miati, and it's easy. He does it all by
[00:10:24] himself without a broker or a snake
[00:10:26] head, just a matter of hitching a ride
[00:10:28] and dashing across a river a few meters
[00:10:30] down from the official checkpoint. When
[00:10:31] I visit Milwaukei 18 years later, I see
[00:10:34] several people doing the exact same
[00:10:35] thing. From there, he walks up the steep
[00:10:37] bank and emerges on the Thai side of the
[00:10:39] border into a town called Mes. He's all
[00:10:42] alone. The reality of being in Thailand,
[00:10:44] of the language being different, of
[00:10:45] knowing absolutely no one hits home. And
[00:10:48] as that reality hits, a broker waves to
[00:10:50] him. Tonlin says it seemed like he was
[00:10:52] waiting for him. The broker is about 40
[00:10:55] years old, his eyes smart and handsome,
[00:10:57] dressed in a blue long-sleeve shirt that
[00:10:58] is clean. So Tunllin approaches and the
[00:11:01] broker asks him in Burmese, "Where would
[00:11:03] you like to go?" and Tunland says simply
[00:11:05] Thailand. Not totally realizing he's
[00:11:07] already in Thailand. The broker says
[00:11:10] that doesn't matter and puts his arms
[00:11:12] around him. The two of them walk back to
[00:11:13] a two-story brick house in May. They
[00:11:16] walk side by side like they are on a
[00:11:18] date. The whole time they talk in
[00:11:19] Burmese about Thailand. Tunin is very
[00:11:21] excited. The broker is laying out a
[00:11:23] future telling about the different
[00:11:24] cities in Thailand, the resorts in the
[00:11:26] south, the skyscrapers in Bangkok, the
[00:11:28] factories in Samu Sakon, and of course,
[00:11:30] he's telling him all about the jobs. The
[00:11:33] first thing he's told when sitting on
[00:11:34] the floor in this hut, he is very lucky.
[00:11:37] One of the migrants near him explains
[00:11:38] that Tunllin has come at a very good
[00:11:40] time. It has been hard at the house.
[00:11:42] Some people have been waiting on the
[00:11:43] floor for over a week. But Tunllin
[00:11:45] learns he should be very excited because
[00:11:47] the next day they are set to leave.
[00:11:49] Truer's word. The next morning, the
[00:11:50] broker arrives. He tells them they are
[00:11:52] going to Chiang Mai, a city in the
[00:11:54] north. But he tells the group that the
[00:11:56] police are looking for migrants. They
[00:11:58] are making his job very difficult and
[00:11:59] dangerous. He explains that the military
[00:12:01] is pulling vehicles to the side and
[00:12:03] checking papers. So to get to Chiang Mai
[00:12:05] without being arrested, they will have
[00:12:07] to go it by foot. It is a 210 mi trek
[00:12:11] through a jungle over several mountains
[00:12:13] during the heart of the rainy season.
[00:12:15] Tunllin does not know this because the
[00:12:17] broker does not say this. The broker
[00:12:19] does not take any questions or explain
[00:12:21] anything beyond how they are to leave
[00:12:23] town without attracting attention. Tun
[00:12:26] is just excited to start.
[00:12:29] It rains continuously the first day of
[00:12:30] the walk and quickly the group begins to
[00:12:32] break down. Many were sick and starving
[00:12:35] before leaving. Every night they sleep
[00:12:37] outside, huddled in groups under trees
[00:12:38] or in small caves and overhangs in the
[00:12:40] mountain areas. The only food comes at
[00:12:42] two checkpoints per day where the guide
[00:12:44] has arranged for meals to be stashed.
[00:12:46] Each of these meals is identical. Tinned
[00:12:48] mackerel and tomato sauce. It is not one
[00:12:51] man per can. Tun says they split cans
[00:12:54] three, four, or five people per can. Tun
[00:12:57] estimates that a group of 100 people
[00:12:59] left the house. By the end of this trip,
[00:13:01] he knows for a fact that he saw six
[00:13:03] people die of hunger or disease. Once
[00:13:05] they get onto a truck, they sit in rows,
[00:13:08] so tightly packed it is hard to breathe.
[00:13:10] Then the door is closed. It is dark. No
[00:13:12] one speaks. Tunin is not on one of the
[00:13:14] benches, but sitting on the floor with
[00:13:16] his knees tucked to his chest. He closes
[00:13:18] his eyes and tries not to think,
[00:13:20] estimating from a map, driving with no
[00:13:22] traffic, their trip lasts 12 hours. He
[00:13:24] tells me there are no rest stops and
[00:13:26] that people cannot control themselves
[00:13:27] and they urinate and defecate in the
[00:13:29] truck. When they arrive, the back of the
[00:13:31] truck is open and they are told to get
[00:13:32] out. One by one, they unfold. People are
[00:13:35] crying. A woman near Tunllin has died.
[00:13:37] She was suffocated or crushed. Tunlin
[00:13:39] does not know which only that he sat so
[00:13:42] close to her the entire trip and that he
[00:13:44] had not thought about her. Once he gets
[00:13:46] put onto a boat, which he did not ask to
[00:13:48] be on, he cannot eat because he is
[00:13:51] seasick and throws everything up and he
[00:13:52] is not allowed to sleep. This continues
[00:13:54] for 3 days. It is at this point the
[00:13:57] captain puts out the big canisters of
[00:13:59] instant coffee for the crew to eat. Yes,
[00:14:01] to eat, not to drink. On the fourth day,
[00:14:04] doing work he does not understand among
[00:14:06] men who speak languages like Camar and
[00:14:08] Lao, he can only partially communicate
[00:14:10] with. Nauseated, starving, exhausted,
[00:14:12] Tunlin says he becomes physically unable
[00:14:14] to continue working, and so he stops and
[00:14:17] goes to the crawl space to take a nap.
[00:14:19] This is his first beating. The captain
[00:14:21] finds him asleep. He then wakes Tunllin
[00:14:23] up with a weapon. My translator insists
[00:14:25] on calling a yo-yo. It is a steel ball
[00:14:28] on an elastic cord, and he swings it at
[00:14:30] Tunlin, catching him across the face,
[00:14:32] then repeatedly on the shoulders.
[00:14:34] Tunllin shows me his scars. He says he
[00:14:36] has beaten many times over the years,
[00:14:38] but he will always remember this first
[00:14:39] one. Tunllin says he is not beaten again
[00:14:42] after this. The captain merely has to
[00:14:44] point at this yo-yo for Tunlin to
[00:14:45] increase the speed of his work until
[00:14:47] after waiting six months, he makes the
[00:14:49] mistake of asking for the salary he was
[00:14:51] promised because that's how they got him
[00:14:52] onto the boat, saying that he was going
[00:14:55] to have a job. For this, he is beaten
[00:14:58] even harder than before. He learns now
[00:15:00] the captain owns him, that he bought him
[00:15:02] when he acquired his debt. His friend
[00:15:04] Tulle simply can't handle it. He is only
[00:15:06] a teenager and is weak, which means he
[00:15:08] is beaten more frequently. As the
[00:15:10] captain whips him, Tulle slowly loses
[00:15:12] his mind. After a particularly bad
[00:15:14] beating, Tulle gets very sick. He can't
[00:15:17] walk and he is allowed to
[00:15:19] rest. But Tunllin knows things are
[00:15:22] wrong. Whenever he asks Tulle questions,
[00:15:24] the boy will only laugh or cry. Soon
[00:15:26] after, Tulle refuses to work. It is now
[00:15:28] that he is beaten until he is
[00:15:30] unconscious and kicked into the sea.
[00:15:32] Months at sea pass into years. Tunin
[00:15:34] adjusts. He never enjoys life on the
[00:15:36] boat, but he learns it. He becomes good
[00:15:38] at it. He comes to do every job, sorting
[00:15:40] the fish, carrying them to the freezer
[00:15:42] on trays, patching, folding, pressing
[00:15:44] the net, and looking for rips, and more.
[00:15:47] This is Tunllin's second year on the
[00:15:49] boat out of what will eventually be 14
[00:15:51] years at sea. At this point, he's a
[00:15:53] slave in the only meaningful sense of
[00:15:54] the word. He cannot leave. He is not
[00:15:56] paid. He was brought here a prisoner. He
[00:15:59] was sold in a cash exchange. He works
[00:16:01] under the threat of violence and he has
[00:16:02] seen those who fought back against that
[00:16:04] violence killed. His best friend on the
[00:16:06] boat, the only person he knew before
[00:16:08] boarding, was slowly driven mad and
[00:16:10] eventually he was killed too. Although
[00:16:13] they don't get a lot of sleep, this is
[00:16:15] where they sleep. Tun shares a crawl
[00:16:17] space with Tulac and the rest of the
[00:16:19] crew before Tulle dies. Some closer to
[00:16:22] indentured servants, some free men who
[00:16:24] signed off on their own valition, some
[00:16:26] who enforce the captain's orders, many
[00:16:28] in more than one role, depending on the
[00:16:29] precise time you look, all sleeping
[00:16:31] together in a space less than a meter
[00:16:33] high. To get to the bed, they crawl on
[00:16:35] their hands and knees for about 12 ft
[00:16:36] into the darkness through an opening
[00:16:38] that can fit at most one person at a
[00:16:40] time. This is where Tulin sleeps when
[00:16:42] not working his 20our days. When I visit
[00:16:44] a similar sleeping hole on the Thai
[00:16:46] docks, the opening comes up just above
[00:16:48] my knee and it is warm, exhaling the
[00:16:50] dark yeasty manure smell of the unwashed
[00:16:52] human body. Tunin and all the rest of
[00:16:55] these workers are working in the fishing
[00:16:56] industry, pulling up all sorts of fish.
[00:16:59] But the waters of Thailand were getting
[00:17:01] overfished. And as they got overfished,
[00:17:03] more and more of that Thai fishing
[00:17:04] industry was actually based on the trash
[00:17:07] fish, the small fish, the guts, the
[00:17:09] things that actually can't sell as fish,
[00:17:11] but instead become fish meal. And they
[00:17:13] never actually go back to port. They
[00:17:15] stay out at sea for years at a time. And
[00:17:17] they get other boats to come and
[00:17:19] resupply them and take their catch into
[00:17:21] port for them. And this describes how
[00:17:23] fishers like Tunlin never see these
[00:17:25] small unsailable fish make it to port.
[00:17:27] They are passed to a sister boat at a
[00:17:29] rendevous at sea. Traded along with
[00:17:31] food, cigarettes, taibot, and fuel. This
[00:17:33] is called trans shshipment at sea. It
[00:17:35] saves fuel for the larger refrigerated
[00:17:37] fishing vessels and it allows some boats
[00:17:39] to stay out almost indefinitely,
[00:17:41] resupplied by others. They turn into
[00:17:43] floating prisons for trafficked workers.
[00:17:45] So once all this trash fish makes it
[00:17:47] into port after being out in the sun on
[00:17:49] a boat all day, then it gets rolled into
[00:17:52] the docks where it gets dumped out onto
[00:17:54] the ground into the sun all day to rot.
[00:17:57] But within a day, a man with a rake and
[00:18:00] wearing dark rubber boots will push this
[00:18:01] pile of fish and fish pieces towards a
[00:18:03] growling mouth in the cement docks. It
[00:18:05] looks like a hole in the ground with two
[00:18:07] grinders in it for teeth. And it takes
[00:18:09] the rotting fish and pulverizes them
[00:18:10] further. The scent near the hole is
[00:18:12] deafening. If you really want to know
[00:18:14] what you're feeding your pets when it
[00:18:16] says fish on the label, this is what it
[00:18:19] is. It is the smell of thousands of tiny
[00:18:22] rotting fish piled ankle high in the
[00:18:24] 90°ree Tai sun on a space that has held
[00:18:27] ankle-high levels of tiny rotting fish
[00:18:29] for years. It is a hot smell, not just
[00:18:31] from the climate and the decomposition,
[00:18:33] but because there are furnaces just
[00:18:34] beyond. You can see them glowing behind
[00:18:36] the man with the rake. The pulverized
[00:18:38] fish will pass on a conveyor belt toward
[00:18:40] those furnaces, getting cooked into a
[00:18:42] paste, then baked into meal. This will
[00:18:44] then be sold to yet another broker,
[00:18:46] bought by a feed mill, and blended with
[00:18:48] inputs from dozens of other facilities.
[00:18:49] All to create the protein base in pet
[00:18:51] food, food for fish farms, and the feed
[00:18:54] for hungry little shrimp. But that is
[00:18:56] just the industry responsible for making
[00:18:58] shrimp food, as well as cat and dog
[00:19:00] food. The rest of the shrimp supply
[00:19:02] chain is brutal, too. For example,
[00:19:05] here's another story from the shrimp
[00:19:07] industry. Every morning at 2 a.m., they
[00:19:09] heard a kick on the door and a threat.
[00:19:11] Get up or get beaten. For the next 16
[00:19:13] hours, number 31 and his wife stood in
[00:19:16] the factory with their aching hands in
[00:19:17] ice water. They ripped the guts, heads,
[00:19:19] and tails, and shells off of shrimp
[00:19:20] bound for overseas markets, including
[00:19:22] grocery stores and all you can eat
[00:19:24] buffets across in the US. After being
[00:19:26] sold to the gig peeling factory, the
[00:19:28] couple were at the mercy of their Thai
[00:19:30] bosses, trapped with nearly 100 other
[00:19:32] Burmese migrants. Children worked
[00:19:34] alongside them, including a girl so tiny
[00:19:37] she had to stand on a stool to reach the
[00:19:38] peeling table. Some had been there for
[00:19:40] months, even years, getting little or no
[00:19:43] pay. At all times, someone was watching.
[00:19:46] Benjamin Lore points out that this issue
[00:19:48] is multiaceted and ultimately it stems
[00:19:50] from the modern world's globalized
[00:19:52] insatiable demand for more for cheaper.
[00:19:55] It's a trend that permeates every aspect
[00:19:57] of our modern brand of consumerism. And
[00:19:59] there's no easy fix because when
[00:20:02] Thailand was exposed, new standards were
[00:20:04] imposed and the Thai shrimping industry
[00:20:07] collapsed only to move to countries like
[00:20:09] India and Vietnam. And now Thailand is
[00:20:12] at it again. News misses this crucial
[00:20:15] distinction that the slavery never
[00:20:17] ended. It just moved into a new shadow
[00:20:19] somewhere else where American and
[00:20:21] Western consumers could shield their
[00:20:22] eyes from it and pretend that it wasn't
[00:20:24] happening. Thailand is now proposing
[00:20:26] repealing the legal standards that had
[00:20:28] previously cracked down on shrimp
[00:20:30] slavery and force business abroad. The
[00:20:32] Thai government has been insistent that
[00:20:33] trade would not be affected by new
[00:20:35] guidelines, stressing that the EU, with
[00:20:37] whom it currently is negotiating a free
[00:20:39] trade agreement, makes up only around 6%
[00:20:41] of seafood exports. These practices go
[00:20:44] wherever the shrimp industry goes and
[00:20:47] lately that's been India because right
[00:20:49] now India is our largest supplier. It's
[00:20:52] no coincidence that Sustainability
[00:20:54] Incubator found wages to be the lowest
[00:20:56] on average in India and the price is the
[00:20:58] cheapest. Who knows what's happening in
[00:21:00] Ecuador. The market will find the
[00:21:03] cheapest supply wherever it can be
[00:21:05] produced and that will always be a race
[00:21:07] to the bottom and the bottom will always
[00:21:10] be
[00:21:11] slavery. India became America's leading
[00:21:14] shrimp supplier accounting for about 40%
[00:21:16] of the shrimp consumed in the US in part
[00:21:19] because media reports including the AP
[00:21:21] investigation that exposed modern-day
[00:21:23] slavery in Thailand and their seafood
[00:21:25] industry. AP's 2015 reporting led to the
[00:21:27] freedom of some 2,000 enslaved fishermen
[00:21:30] and prompted calls for bans of Thai
[00:21:32] shrimp, which had been dominating the
[00:21:34] market. But unfortunately, that just
[00:21:36] moved it to India. Stories from India
[00:21:38] sound like this. She said she works in
[00:21:41] brutal conditions, peeling, cutting, and
[00:21:43] grading shrimp in a factory for less
[00:21:44] than $4 a day, which is $2 less than
[00:21:47] minimum wage. The working conditions are
[00:21:49] tough, she said, wiping away tears with
[00:21:51] the corner of her red sorry, standing
[00:21:53] for long hours in the cold while peeling
[00:21:55] and cutting shrimp takes a toll on my
[00:21:57] body. This woman is a 51-year-old widow,
[00:21:59] by the way. Baby, her last name, and
[00:22:02] other workers said they pay recruiters
[00:22:04] about 25 cents a day out of their
[00:22:06] salaries just to set foot inside the
[00:22:08] processing shed. Transportation and
[00:22:10] company buses is also deducted from some
[00:22:12] workers salaries along with the cost of
[00:22:14] lunch from company cantens. Many workers
[00:22:16] have no contracts and no recourse if
[00:22:18] they are hurt on the job. Another peeler
[00:22:20] said she suffers back pain all the time
[00:22:22] from the arduous work for which she's
[00:22:24] paid about $3 a day. Some have nail
[00:22:27] fungus caused by small cracks that allow
[00:22:29] germs to cause infections. Other women
[00:22:31] have fingers or even their entire hands
[00:22:33] darkening with frostbite. Ma said that
[00:22:36] sometimes she has to amputate. AP
[00:22:38] journalists observed dozens of women
[00:22:40] working in unsanitary and dangerous
[00:22:42] conditions. The shrimp pulled from
[00:22:44] outdoor ponds in barrels were swished
[00:22:46] around by hand in grimy water. Once
[00:22:48] rinsed, they were dumped onto ice
[00:22:50] covered tables where women stood peeling
[00:22:52] them one shrimp at a time. Many handled
[00:22:54] shrimp with bare hands. Some women had
[00:22:56] bandages on injured fingers. Some
[00:22:57] women's long hair dangled into the
[00:22:59] shrimp. And you kind of expect that kind
[00:23:01] of conditions maybe in, you know, third
[00:23:03] world countries processing your food
[00:23:05] like India or Thailand. But the point of
[00:23:07] this is that Nikanti, the company that
[00:23:10] they were apparently peeling shrimp for,
[00:23:13] they present a very different image. In
[00:23:15] the bottom section here, a marketing
[00:23:18] video produced by Nikanti, which is
[00:23:19] projecting $150 million in revenues this
[00:23:22] year, shows shrimp peelers in a spotless
[00:23:24] room with shiny tables, and workers
[00:23:26] wearing gloves, head coverings, face
[00:23:28] masks, rubber boots, and waterproof
[00:23:30] aprons. By the way, Nikanti is a
[00:23:33] subsidiary of guess who? Thai Union
[00:23:36] Group. They of course denied the
[00:23:38] allegations, said the company had
[00:23:40] nothing to do with the peeling shed that
[00:23:42] AP had visited, and said that their
[00:23:44] branded truck was there only because it
[00:23:46] was being leased to another company. He
[00:23:48] provided a document that said that
[00:23:49] Nikanti was paid
[00:23:51] $3,600 for the four-month lease of a
[00:23:53] truck with a license plate number the AP
[00:23:55] observed. Sure, that document is a-ok.
[00:23:59] Okay, but you have to imagine what's
[00:24:02] going on out there when that's the image
[00:24:04] they're presenting and the actual
[00:24:06] conditions in these countries are like
[00:24:08] the stories that you're hearing. And I
[00:24:10] just wanted to give you a little image,
[00:24:12] a little visual of where all the shrimp
[00:24:14] in the world is coming from right now.
[00:24:16] But just to be clear, the shrimp
[00:24:18] industry works the way that the shrimp
[00:24:20] industry works. And if you want to sell
[00:24:22] shrimp for the prices that these
[00:24:23] countries are selling shrimp for, you
[00:24:26] have to compete with countries that are
[00:24:28] using slave labor.
[00:24:31] So your bottomless shrimp is another
[00:24:34] man's or child slave laborers bottomless
[00:24:37] despair. This year in 2025, New Orleans
[00:24:41] hosted the Super Bowl. And someone had
[00:24:43] the bright idea of going there and doing
[00:24:46] a little testy testy on the shrimp that
[00:24:48] they were selling in New Orleans and
[00:24:49] other Gulf Coast cities. Turns out
[00:24:52] everyone lies. The testing was done by
[00:24:55] CD Consulting, made possible by a new
[00:24:58] testing technology that could turn
[00:24:59] results around in less than an hour
[00:25:01] instead of sending to labs and taking
[00:25:03] days. And what did those test results
[00:25:06] show? Well, the cities with the highest
[00:25:09] shrimp fraud rate were Tampa Bay and St.
[00:25:11] Petersburg, Florida at
[00:25:13] 96%. According to CD Consulting, only
[00:25:16] two of the 44 restaurants sampled were
[00:25:19] serving authentic shrimp from the Gulf
[00:25:21] of Mexico. A study found in Baton Rouge,
[00:25:25] researchers sampled menu items at 24
[00:25:27] restaurants and found nearly 30%, more
[00:25:29] than one in four, were misrepresented.
[00:25:33] family-owned shrimp business operating
[00:25:35] out of the port of Tampa are struggling
[00:25:37] to survive. While local restaurants
[00:25:39] bamboozle customers into thinking
[00:25:41] locally caught shrimp are being served,
[00:25:43] family-owned and American businesses are
[00:25:45] the ones bearing the brunt of our desire
[00:25:47] for the most, the best, and also somehow
[00:25:50] the cheapest. America and the Western
[00:25:53] world has this obsession with optics and
[00:25:56] ethics. We want to feel good about the
[00:25:59] products we're buying. We want to be
[00:26:00] absolved of our sins. But ignorance is
[00:26:04] not bliss. And many, not all, but many
[00:26:07] of these marks that are here to tell us
[00:26:10] that we're making ethical choices are
[00:26:13] essentially madeup stickers and rackets.
[00:26:15] Inspections are often halfbaked, audits,
[00:26:18] ineffective, loopholes are pretty much
[00:26:20] endless. This is another thing that lore
[00:26:23] covers extensively and with great nuance
[00:26:25] in his book. It's a pretty rough story
[00:26:28] when you really get into it. And these
[00:26:30] types of stories are all over the place.
[00:26:33] You can't pay attention to everything
[00:26:34] and you can't be ethical with every
[00:26:36] decision. You'll get decision paralysis.
[00:26:38] You'll never buy anything. You'll never
[00:26:39] eat anything. But it is important to
[00:26:42] think about where your stuff is coming
[00:26:43] from, who's responsible for it, and what
[00:26:46] are the costs of low costs down the
[00:26:49] line.
[00:26:51] We've got trade wars, inflation, global
[00:26:53] chaos, and a skyrocketing national debt.
[00:26:55] It's no wonder that gold keeps hitting
[00:26:57] record highs. With everything going on
[00:26:59] in the world, thousands of people are
[00:27:00] diversifying their savings with gold and
[00:27:02] silver. And they're turning to my gold
[00:27:04] partner, which is Gold Co. Right now,
[00:27:06] Gold Co is offering you a free 2025 gold
[00:27:09] and silver kit. Plus, you can get
[00:27:10] unlimited silver if you qualify. Find
[00:27:13] out how you can help diversify your
[00:27:15] savings tax and penalty-free. Visit
[00:27:18] candislikesgold.com or call
[00:27:21] 855222 gold. I'm sure you know that P.
[00:27:24] Diddy is on trial and it's ongoing.
[00:27:27] Details are coming out slowly. A lot of
[00:27:29] people are following along with the live
[00:27:31] court updates. There's no video coming
[00:27:33] out of the courtrooms. Unfortunately,
[00:27:35] we're not going to get an Amber Herd
[00:27:36] talking about doing things on the bed or
[00:27:39] anything like that, but we are getting
[00:27:41] some funny court sketches and a lot of
[00:27:43] really, really awful stories from Cassie
[00:27:46] Ventura that really we're not going to
[00:27:49] talk about. I don't want to talk about
[00:27:50] them. you don't want to hear about them.
[00:27:51] If you really care about all the
[00:27:52] horrible things that Cassie alleges that
[00:27:54] Diddy did to her while they were dating
[00:27:56] and not dating and whatever else, you
[00:27:59] can read all about it on the internet.
[00:28:01] You can look up her original lawsuit
[00:28:03] because that is not the story. And I
[00:28:07] don't mean to say that Cassy's
[00:28:09] accusations are not important because
[00:28:10] they very much are. What I mean to say
[00:28:13] is that so far everything that's being
[00:28:15] discussed in the courtroom is super not
[00:28:18] the story that we were all here to see.
[00:28:22] The actual story that I want to talk
[00:28:24] about that I assume that most of you
[00:28:26] want to talk about is the kind of story
[00:28:29] where Suge Knight famously accused Diddy
[00:28:32] of being a longtime FBI informant. In
[00:28:35] April of this year, Whitney Webb
[00:28:36] released an excellent report about
[00:28:38] Diddy's early life, outlining how he
[00:28:40] attended a boy school that was marred in
[00:28:42] numerous sex scandals and how his father
[00:28:45] was very likely a rat, an informant that
[00:28:48] was eventually caught and killed. All of
[00:28:50] this was even before Diddy even got into
[00:28:52] the music industry, where his early
[00:28:54] mentors were linked to the mob and all
[00:28:55] sorts of other scandals. The real story
[00:28:58] is Lil Rod's lawsuit, which we've all
[00:29:01] seen and talked about before. Lucian
[00:29:04] Grange, the CEO of Universal Music
[00:29:06] Group, was originally named in that
[00:29:07] lawsuit, and so was Universal Music
[00:29:10] Group and Mottown, as well as many other
[00:29:12] people, but their names all mysteriously
[00:29:15] vanished. But the lawsuit directly
[00:29:17] alleges that Graange was at the parties
[00:29:20] and presumably partially or entirely
[00:29:22] funding them at times. The lawsuit
[00:29:24] included what appeared to be screenshots
[00:29:26] from videos of famous people and told of
[00:29:28] coercion based on performing sexual acts
[00:29:31] on camera. It included many specific
[00:29:33] allegations about drugs, guns,
[00:29:36] prostitutes, even minors. But the
[00:29:38] biggest bombshell in the lawsuit, as far
[00:29:40] as I'm concerned, and the thing that no
[00:29:43] mainstream outlet wants to touch is the
[00:29:45] allegations of hidden cameras. Quote,
[00:29:48] "While living and traveling with Mr.
[00:29:50] Combmes, Mr. Jones discovered that Mr.
[00:29:52] Combmes has hidden cameras in every room
[00:29:54] of his homes. Mr. Jones believes that
[00:29:56] Mr. Combmes has recordings of defendants
[00:29:58] Lucy and Charles Graange, Ethiopia
[00:30:00] Habermarium, as well as other
[00:30:02] celebrities, music label executives,
[00:30:04] politicians, and athletes. Upon
[00:30:06] information and belief, these
[00:30:08] individuals were recorded without their
[00:30:10] knowledge and consent. And as is the
[00:30:12] case with the homosexual sex tape of
[00:30:14] Stevie Jay that Mr. Combmes provided to
[00:30:16] Mr. Jones, Mr. Combmes possesses
[00:30:18] compromising footage of every person
[00:30:20] that has attended his freakoff parties
[00:30:22] and his house parties. I don't think
[00:30:24] that all of those videos are the ones
[00:30:27] being shown in court. Just my
[00:30:29] suspicions. Upon information and belief,
[00:30:31] due to this treasure trove of evidence
[00:30:33] he has in his possession, Mr. Combmes
[00:30:35] believes that he is above the law and is
[00:30:37] untouchable. Upon information and
[00:30:39] belief, Mr. Combmes employs Joseé Cruz
[00:30:42] as his IT director. This writer has
[00:30:44] spoken to several former employees of
[00:30:46] Mr. Combmes who confirmed that Joseé
[00:30:48] Cruz is the gatekeeper to all of Mr.
[00:30:50] Comb's recordings. And I want to point
[00:30:52] out here this document was prepared by a
[00:30:55] lawyer and that lawyer has a legal duty
[00:30:58] to believe that all the statements in
[00:31:01] this document are true at least to a
[00:31:04] certain like he he cannot just lie
[00:31:06] openly. He cannot say that he spoke to
[00:31:09] all these other employees of Mr. Combmes
[00:31:11] if he never did. That would be a
[00:31:13] disbarable offense. And so this lawsuit
[00:31:17] has to at least have merit in the
[00:31:19] lawyer's eyes. And maybe it wouldn't all
[00:31:21] prove out in court, but it's not just
[00:31:24] made up out of nowhere, right? And there
[00:31:27] are very specific claims and there are
[00:31:29] screenshots that seem to show
[00:31:32] screenshots of video evidence. There's
[00:31:34] all sorts of stuff in there. Okay, pair
[00:31:37] all that with the fact that Diddy's head
[00:31:39] of security was Fahhem Muhammad.
[00:31:42] Quote, "In 2008, Fahhem graduated from
[00:31:45] Sacramento State University with a
[00:31:47] Bachelor of Science degree in business
[00:31:49] administration with a concentration in
[00:31:51] real estate and
[00:31:53] marketing." Michael Jackson died just
[00:31:56] one year after Fahhem apparently
[00:31:58] graduated from college. Fahhem was
[00:32:01] Michael Jackson's head of security and
[00:32:04] apparently second on the scene when
[00:32:06] Michael died. Then Fahheim winds up as
[00:32:10] Diddy's head of
[00:32:11] security. Kind of
[00:32:13] weird. By the way, before we get off of
[00:32:16] Fahheim Muhammad, remember his specialty
[00:32:18] in real estate from college? Well, he
[00:32:20] owns a real estate company, and he
[00:32:22] apparently has land right on the Mexico
[00:32:24] border. Check this out. 40 acres of land
[00:32:27] in San Diego County. That's what one dad
[00:32:29] gave his son for his 13th birthday. He
[00:32:32] posted about it on social media, and
[00:32:34] their story went viral. Rapper Shawn
[00:32:36] Combmes even posted about it. Fahheim
[00:32:38] Muhammad bought 198 acres out here in
[00:32:41] Boulevard to get away. It's real quiet.
[00:32:45] The wall is right there. This is not
[00:32:48] like Chicago. It's not like LA. He lives
[00:32:50] in Los Angeles and runs a real estate
[00:32:52] business that buys and rebuilds
[00:32:54] properties in the south side of Chicago.
[00:32:56] He says to create a better living
[00:32:58] situation for the black community there.
[00:33:00] Fahhem says his mom taught he and his
[00:33:02] siblings how important it is to own your
[00:33:04] own property and to help their
[00:33:06] community. So when his son Fahhem
[00:33:08] recently turned 13, he gave him 40
[00:33:11] acres. I thought it would be a great
[00:33:13] opportunity to to teach him a life
[00:33:15] lesson about the value of land. And
[00:33:17] they're teaching other kids from LA
[00:33:19] these lessons, too. So all them regular
[00:33:21] rocks you picked, they bring inner city
[00:33:22] kids out here to hike, ride ATVs, and
[00:33:25] build campfires. And even though they're
[00:33:27] right beside the border wall, they've
[00:33:29] had no problems out here. These city
[00:33:31] kids enjoy their own
[00:33:33] private open space. They've had no
[00:33:37] problems out here. Remember that's from
[00:33:39] back during Biden's term
[00:33:43] when there was all kinds of problems at
[00:33:45] the border. If you owned land on the
[00:33:48] border where no one was there, I have a
[00:33:50] feeling there were people jumping over a
[00:33:52] fence, dropping babies over a fence, and
[00:33:54] running through your land. That's a
[00:33:56] whole other dig though. But just suffice
[00:33:59] it to say that I have questions about
[00:34:02] why exactly did you choose to buy all
[00:34:04] that land right on the border wall,
[00:34:07] Fahhem, while you're simultaneously the
[00:34:10] head of security of this sort of
[00:34:13] trafficking operation that's having
[00:34:15] these freakoffs where there's
[00:34:17] allegations that there were party favors
[00:34:19] and stuff like
[00:34:20] that. Yeah. I can't help but feel like
[00:34:25] they they're trying the wrong case in
[00:34:28] court. But ultimately, this stuff isn't
[00:34:30] new. If you're in the music industry,
[00:34:33] people have been whispering about Diddy
[00:34:34] ever since Biggie and Tupac were
[00:34:36] murdered, making way for Diddy's rise to
[00:34:38] superstardom alongside Biggie Smalls's
[00:34:41] ex sidekick, Jay-Z.
[00:34:44] And I just want to remind us all too of
[00:34:48] some of the more recent allegations that
[00:34:50] people have made against Diddy. But as
[00:34:53] far as Meek Mills, Puff Daddy, whoever,
[00:34:56] none of these, all you fake hard you
[00:35:00] hold, hold on. All you fake hard you.
[00:35:03] You know what I'm saying? I don't give
[00:35:05] cuz you can't shoot nobody anyway. And
[00:35:06] the reason why you got talk is cuz you
[00:35:07] did a deal. You fed. You know what I'm
[00:35:10] saying? That's why you got to come at me
[00:35:11] cuz part of the deal for you to be a do
[00:35:13] all that and get out of jail is that you
[00:35:16] promise that you going to go pull my
[00:35:18] coat card. So y'all [ __ ] shut the [ __ ]
[00:35:21] up about me. Um PS today while we were
[00:35:25] sourcing this clip, we accidentally
[00:35:27] noticed that the original Drink Champs
[00:35:30] video on their like on their YouTube
[00:35:33] channel no longer has that little
[00:35:36] section about Diddy being a fed. It
[00:35:38] appears to have been edited to cut that
[00:35:41] clip out. And we went back through it
[00:35:43] and rewatched it and tried to confirm
[00:35:44] and check out what is now on the drink
[00:35:47] champ's website as of I think a year
[00:35:49] ago. But as far as Meek Mills, Puff
[00:35:52] Daddy, whoever, none of these, all you
[00:35:55] fake hard, [ __ ] you. No, hold on. Hold
[00:35:58] on. All you fake hard, [ __ ] you. You
[00:36:00] know what I'm saying? So y'all [ __ ]
[00:36:02] shut the [ __ ] up about me. You see where
[00:36:04] it cut to a different clip and then it
[00:36:06] came back to Kanye and you never got
[00:36:09] to kind of weird. And as best as we
[00:36:12] could tell that happened somewhere like
[00:36:13] a year ago is when that video was
[00:36:15] uploaded. And my presumption would be
[00:36:17] that that has something to do with Diddy
[00:36:19] applying pressure in approach to his
[00:36:21] court appearance. But we don't know.
[00:36:23] We're just we're just noticing things.
[00:36:25] Just noticing. But anyways, none of that
[00:36:29] is being mentioned in court right now.
[00:36:31] It almost reminds me of a certain other
[00:36:34] sex trafficker who didn't kill himself.
[00:36:37] So, just don't forget the real story
[00:36:39] because the real story is part of a much
[00:36:41] bigger picture. And I'm sure we'll be
[00:36:44] talking about that picture in stories
[00:36:46] coming up. I want to take a second to
[00:36:48] tell you about pure talk. What if I told
[00:36:50] you that you could cut your cell phone
[00:36:51] bill in half and support a US company
[00:36:54] who shares your values? Values like
[00:36:56] supporting our veterans and creating
[00:36:57] American jobs. What if I told you that
[00:37:00] you don't have to sacrifice coverage
[00:37:01] because you'll be on America's most
[00:37:03] dependable 5G network? I'm talking about
[00:37:05] the only wireless company that Candace
[00:37:07] endorses, Pure Talk, a wireless company
[00:37:09] that is veteranled and invest in a US
[00:37:11] customer service team so that you have
[00:37:13] the best support possible. If you're
[00:37:14] with Verizon, AT&T, or T-Mobile, join
[00:37:17] the hundreds of thousands who have
[00:37:18] successfully cut their cell phone bill
[00:37:20] in half. That's right, the average
[00:37:21] family saves over $1,000 a year when
[00:37:24] they switch to Pure Talk. Switch in as
[00:37:26] little as 10 minutes when you go to
[00:37:28] puretalk.com/owens with plans starting
[00:37:29] at just 25 bucks a month. What are you
[00:37:31] waiting for? Go to
[00:37:33] puretalk.com/owens and make the switch
[00:37:35] to pure talk wireless by Americans for
[00:37:38] Americans. I realized that a lot of you
[00:37:41] guys might have no idea who the heck I
[00:37:43] am. And I also realized that based upon
[00:37:46] talking about the shrimp industry,
[00:37:48] there's a whole lot of other stuff that
[00:37:49] I kind of came up on, stories that I
[00:37:52] used to cover all the time that we
[00:37:54] should probably revisit. Teach you a
[00:37:56] little bit about where I come from and
[00:37:57] teach you a little bit about what's in
[00:37:59] your baby food as well as all the other
[00:38:01] products in your grocery store aisles.
[00:38:03] So, here's one of the first Tik Tok
[00:38:06] videos I ever made that summed up the
[00:38:08] whole first dig I did into grocery store
[00:38:11] aisles and into what's who really owns
[00:38:13] everything and what are they putting in
[00:38:16] everything. After we discovered that
[00:38:18] Target has entire shelves of shampoo
[00:38:20] that are all owned by the same mega
[00:38:24] corporations, I decided to go look at a
[00:38:26] bunch of other products that we put on
[00:38:27] our bodies and into our various holes.
[00:38:29] Cuz we all get the scent that this is
[00:38:31] just the illusion of choice. But it's
[00:38:32] different when you actually see it like
[00:38:35] this. Like the whole shelf of deodorant
[00:38:37] at Raid that has like three options that
[00:38:40] are not mega corporations, but several
[00:38:42] that are specifically branded to look
[00:38:44] like they're natural and legit. like
[00:38:46] Schmidz or Tomms of Maine. By the way,
[00:38:49] the women's deodorant was the exact same
[00:38:52] story. One option hiding down there in
[00:38:54] the bottom. I went to the skincare
[00:38:56] aisles of several stores. They purposely
[00:38:58] brand it to look like it's medical and
[00:39:00] like doctor formulated. They advertise
[00:39:03] all over the place that it's trusted by
[00:39:05] experts, you know, formulated by doctors
[00:39:07] that work for Proctor and Gamble and
[00:39:09] trusted by experts that work at
[00:39:10] Unilever. Even at high-end beauty stores
[00:39:13] like Ulta, I only found two types of
[00:39:15] shampoo that were female or founder or
[00:39:17] family-owned. Rest are owned by mega
[00:39:19] corporations and billionaire private
[00:39:21] equity, who I'm sure care a lot about
[00:39:23] your hair care and your health. They
[00:39:25] would never include carcinogens and
[00:39:27] toxic chemicals in their products.
[00:39:29] Obviously, all the class action lawsuits
[00:39:31] you can find on Google are just fear.
[00:39:34] But in some aisles, there are founder
[00:39:36] and family-owned brands made by real
[00:39:38] people that actually care about you
[00:39:40] hiding amongst all of these other mega
[00:39:42] corporations designed to blend in. And
[00:39:44] so what I did is I started making
[00:39:45] spreadsheets and giving them out for
[00:39:46] free on my website with all the
[00:39:49] different types of, you know, health and
[00:39:52] with all the different types of skin
[00:39:53] care, personal care products, shampoos,
[00:39:56] with lists of the different brands that
[00:39:57] we all consume on a daily basis and
[00:39:59] whatever mega corporations or businesses
[00:40:01] own those brands. Because I'm not trying
[00:40:03] to say that all of these brands are
[00:40:05] necessarily horrible for you. I'm just
[00:40:07] trying to say that when you buy these
[00:40:08] brands, your money is going to these
[00:40:10] mega corporations. And mega corporations
[00:40:12] pretty much all play by the same
[00:40:14] corporate playbook. Target's top
[00:40:16] shareholders are Vanguard, State Street,
[00:40:18] and Black Rockck along with a bunch of
[00:40:20] like investment banks and private equity
[00:40:21] funds. In about four hours of work,
[00:40:24] their CEO makes as much as the average
[00:40:26] Target worker makes in an entire year,
[00:40:29] which only totals up to like $17.5
[00:40:32] million in 2023. I mean, poor guy got a
[00:40:35] pay cut. How is he going to afford the
[00:40:37] mortgage on his extra condo in the
[00:40:39] Caribbean? He might even have to sell
[00:40:41] one of the yachts. To be clear, that was
[00:40:43] a joke. I don't know if Brian owns any
[00:40:45] yachts. Not trying to spread
[00:40:47] misinformation, Tik Tok, just pure
[00:40:49] facts. I'm sure Brian is a great guy.
[00:40:52] And a lot of people misunderstand my
[00:40:53] message as being like capitalism is evil
[00:40:56] and capitalism is the devil. And that's
[00:40:57] not really what I'm trying to say. What
[00:40:59] I'm trying to say is that capitalism is
[00:41:00] what we make it with our capital. And
[00:41:02] when we all support giant monopoly mega
[00:41:06] corporations, we help to prop up this
[00:41:09] version of capitalism that is actually
[00:41:12] much more like corporate oligarchy. And
[00:41:14] we inherently have the power to change
[00:41:17] it or at least to push on it. If we stop
[00:41:20] spending our money on this and start
[00:41:22] giving more of our money to companies
[00:41:24] like this, we can very much change the
[00:41:27] world. Which I know sounds corny, but
[00:41:29] it's true. The reason why mega
[00:41:31] corporations do this is so that they can
[00:41:34] maximize the chances of the most of our
[00:41:37] money being spent on their products. But
[00:41:39] we all have the power to go into this
[00:41:41] aisle and to find that one little spot
[00:41:43] where the real companies owned by real
[00:41:46] people are hiding and to spend our money
[00:41:47] on those products because that money
[00:41:50] does not go to multi-million dollar CEO
[00:41:52] bonuses. It goes to employees at real
[00:41:55] companies that actually take care of
[00:41:56] their people. It goes to voting for
[00:41:59] products that are not filled with
[00:42:00] chemical. Chemicals that cause hair loss
[00:42:03] that then let those same companies turn
[00:42:05] around and sell you products to prevent
[00:42:08] hair loss. I'm not making that up. The
[00:42:10] aisle at Target has both those products
[00:42:12] both owned by the same companies, both
[00:42:14] on the same shelf, right next to each
[00:42:16] other. I can't imagine why. So, I know
[00:42:19] times are tight for a lot of people. I
[00:42:20] know the economy is horrible and it's
[00:42:22] probably going to get worse. But
[00:42:23] personal care products are a great place
[00:42:25] to start changing your spending habits
[00:42:28] because it's not like food that you have
[00:42:29] to consume every day and you have to
[00:42:30] spend tons and tons and tons of extra
[00:42:32] money to buy better brands. You just
[00:42:34] have to buy, you know, a better brand
[00:42:36] once a month, you know, once a every
[00:42:38] couple weeks. This is a multibillion
[00:42:41] dollar industry. It's massive. And if we
[00:42:43] all start voting in it with our dollars,
[00:42:46] we stand to change everything. 2023 was
[00:42:50] pretty depressing and I guarantee you
[00:42:52] 2024 is going to be just as or more
[00:42:54] depressing. But my 2024 is going to be
[00:42:56] all about things that we can do to
[00:42:59] change to make the world a better place.
[00:43:01] And we all know the world is run by
[00:43:04] money. So start using yours to promote
[00:43:06] businesses that make the world better,
[00:43:09] not worse. What a throwback. That is
[00:43:12] where your boy comes from. And that's
[00:43:14] what I really got started on when I made
[00:43:17] my first Tik Tok video is how does this
[00:43:19] world work and who owns all the stuff
[00:43:21] that we use? And over time, as I looked
[00:43:24] at more and more products and more and
[00:43:26] more industries and just started
[00:43:27] learning about where all this money
[00:43:29] goes, I started to notice the patterns
[00:43:31] and notice how it works and notice
[00:43:34] solutions. One of my favorite places to
[00:43:36] start this dig that wasn't quite
[00:43:38] mentioned in that one is Hidden Valley
[00:43:40] Ranch.
[00:43:42] Who do you think owns Hidden Valley
[00:43:44] Ranch? And I want to invite you to
[00:43:46] search that on the internet because all
[00:43:48] of you can do this research, too. And
[00:43:50] it's not hard. You can do it in the
[00:43:52] grocery store on your phone. You can do
[00:43:53] it right now on your computer. But when
[00:43:55] you look up who owns Hidden Valley
[00:43:57] Ranch, you'll get a screen something
[00:43:59] like this, and you'll find out that it's
[00:44:01] owned by Clorox, the bleach company. But
[00:44:04] that's not the top of the chain. You
[00:44:06] look up who owns Clorox and you'll find
[00:44:08] out that it is a public company. Like
[00:44:10] the kind of company you can buy stock
[00:44:12] in, right? And the word you need to look
[00:44:14] up in order to figure out who owns a
[00:44:16] public company is you need to look up
[00:44:18] Clorox Institutional Ownership. And when
[00:44:21] you do that, you get to screens like
[00:44:23] this. Or you can go to a website that'll
[00:44:26] actually give you the full list. And
[00:44:28] it's not hard to find. And when you go
[00:44:30] to a website like Yahoo Finance and you
[00:44:32] find the full list, you're gonna notice
[00:44:34] something pretty quick. The top
[00:44:36] shareholders of basically every company
[00:44:38] in America are Vanguard, Black Rockck,
[00:44:40] and State Street. But Black Rockck
[00:44:42] actually owns State Street. So, it's
[00:44:43] just Vanguard and Black Rockck. And then
[00:44:45] below that is always all the banks, fund
[00:44:48] managers, private equity, etc. And all
[00:44:51] of them are nothing like any of us. And
[00:44:54] the more you do this and look around,
[00:44:56] the more you'll realize that these same
[00:44:57] financial institutions are at the top of
[00:44:59] basically every public corporation in
[00:45:02] America, right? Even ones that you think
[00:45:05] were natural and family or founder
[00:45:06] owned, like Dave's Killer Bread, nope.
[00:45:09] Got bought out a long time ago by
[00:45:11] Flowers Foods. And when you look at
[00:45:13] Flowers Foods, Vanguard and BlackRock
[00:45:15] are the top shareholders. You keep doing
[00:45:17] this over and over for different
[00:45:19] industries and pretty soon you notice
[00:45:22] that all kinds of different companies,
[00:45:24] food and beverage, banks, big tech,
[00:45:26] every single one of these little squares
[00:45:29] inside of these bigger squares are big
[00:45:32] companies that you will recognize the
[00:45:33] names of and you can probably zoom in on
[00:45:35] some of them. And the red highlights are
[00:45:37] Vanguard, Black Rockck, State Street,
[00:45:39] and all the other names on those lists
[00:45:41] are their buddies. Notice there's even
[00:45:44] funeral and hospice care. They have
[00:45:46] water and utilities. They've got just
[00:45:48] about every aspect of our lives locked
[00:45:51] down in a big way. The entire market is
[00:45:55] kind of just one big
[00:45:58] conglomerated game where they all play
[00:46:02] their parts and they all have their
[00:46:03] different corporations, but they all are
[00:46:06] owned by the same financial institutions
[00:46:09] and all of them have a fiduciary duty to
[00:46:12] make their shareholders money. That's a
[00:46:14] legal thing. They are required by law at
[00:46:17] all of those public corporations to
[00:46:19] maximize shareholder value. And
[00:46:21] everything you're looking at on those
[00:46:23] lists are their top shareholders. So,
[00:46:26] they are legally required to do what's
[00:46:28] best for all of those financial
[00:46:31] institutions, not for you. Once you take
[00:46:33] this into the grocery store and actually
[00:46:35] look at the products on the shelves,
[00:46:38] stuff gets pretty bleak pretty quick
[00:46:39] because what I started doing is just
[00:46:41] coloring it in. Anything that's owned by
[00:46:42] a mega corporation. Oopsies. There's not
[00:46:45] a lot of options left. Notice the baby
[00:46:48] food aisle over there. That's not a
[00:46:50] single non-corporate option of baby food
[00:46:52] in that store. That's a WCO. We're going
[00:46:54] to come back to baby food. But it
[00:46:57] doesn't stop there. You can do
[00:46:58] detergent. Actually, the first one I
[00:46:59] ever did was tampons and feminine
[00:47:01] products. The cereal aisle, big money
[00:47:04] maker in grocery stores. And you could
[00:47:06] just go on forever. It never ends. And I
[00:47:08] did this for a whole year. Trust me. But
[00:47:12] I said I wanted to come back to baby
[00:47:14] food because this is not just about who
[00:47:16] owns it, but it's about when their
[00:47:17] fiduciary duty is to financial
[00:47:19] institutions like the banks, their job
[00:47:22] is just to make the cheapest product
[00:47:23] that will profit the most, that will
[00:47:25] sell to the masses in whatever way they
[00:47:28] can. And when you're talking about
[00:47:30] something like baby food, there are
[00:47:32] serious ramifications for doing so.
[00:47:35] This report is an official report
[00:47:38] published by the US House of
[00:47:40] Representatives where they ordered a
[00:47:41] study into what is in our baby foods.
[00:47:45] And they found that baby food was wildly
[00:47:48] tainted with arsenic, lead, cadmium, and
[00:47:50] mercury. And I want you to notice the
[00:47:52] brands that are at the bottom of the
[00:47:54] screen where the logo of the House of
[00:47:57] Representatives is. That's Gerber, Happy
[00:47:59] Baby, Plum, all these different brands
[00:48:02] that you might think. I thought that
[00:48:04] Plum was organic. Yeah, it's owned by a
[00:48:08] mega corporation. And when they tested
[00:48:10] what was in these baby
[00:48:11] foods, it was appalling. The test
[00:48:14] results of baby foods and their
[00:48:16] ingredients eclipse those levels,
[00:48:18] meaning the levels that are accepted as
[00:48:20] safe, including results up to 91 times
[00:48:22] the arsenic level, up to 177 times the
[00:48:26] lead level, up to 69 times the cadmium
[00:48:29] level, and up to five times the mercury
[00:48:32] level that is supposed to be allowable
[00:48:34] in our baby food, which should be
[00:48:37] zero. But even
[00:48:39] so, that's pretty dark. And if you
[00:48:42] didn't know that, if you didn't know who
[00:48:44] is making your baby food and how little
[00:48:46] they care about your baby's health, you
[00:48:49] would probably feed that to your baby.
[00:48:50] And a lot of you probably have. And I
[00:48:52] want to stress that you should not feel
[00:48:54] guilty about that. A lot of people can't
[00:48:56] afford other things. And most of your
[00:48:58] babies will be okay. But it is scary to
[00:49:01] know about and it's important to look
[00:49:03] for solutions. And unfortunately, those
[00:49:06] solutions are not readily available or
[00:49:08] easy. Right? You could make your own
[00:49:09] baby food at home by cooking all your
[00:49:11] food, but a lot of parents have to work
[00:49:13] all day, right? That's the whole point
[00:49:15] of having this convenient baby food. And
[00:49:17] we didn't even mention the formula,
[00:49:19] which is super messed up. But one
[00:49:23] solution that I kept finding over and
[00:49:25] over again in every aisle everywhere
[00:49:27] that I went is that when you find brands
[00:49:29] that are owned by families, owned by
[00:49:31] their founders, owned by real people,
[00:49:34] more often than not, those brands have
[00:49:37] more of a commitment to humans, to you,
[00:49:39] the customer. Because if they don't,
[00:49:41] they're going to get gobbled up. They're
[00:49:42] going to get crushed by the big
[00:49:44] competition. They need to do something
[00:49:45] outstanding. And usually they're real
[00:49:48] people, too, that have kids that are in
[00:49:49] this business for a reason. And so I
[00:49:51] started to notice that the family and
[00:49:53] founder owned brands for many obvious
[00:49:55] reasons are on balance a far better
[00:49:59] option. And it's not hard to buy
[00:50:02] family-owned. Often they're the same
[00:50:04] price. Sometimes they cost a little
[00:50:06] more, but really the hard part is just
[00:50:08] finding them because shelf space is for
[00:50:10] sale in the grocery store. And if you
[00:50:12] want to know about that, buy this book.
[00:50:14] Not sponsored. It's just amazing. Shelf
[00:50:17] space is purposely for sale so that they
[00:50:19] can monopolize the entire aisle and make
[00:50:21] it very hard to find all the little
[00:50:23] brands that compete with this giant
[00:50:25] corporate scheme. But if you know what
[00:50:27] brands you're looking for, you can just
[00:50:30] go find them and buy those and suddenly
[00:50:32] you can boycott the entire evil
[00:50:34] financial cabal all at once. So what I
[00:50:37] started doing years ago when I first
[00:50:39] well two years ago really look I'm real
[00:50:42] old. I'm like an oldtimer guys. I've
[00:50:44] been in this for forever. But all of
[00:50:46] 2023 and part of 2024, I made these
[00:50:48] spreadsheets and I put them online on my
[00:50:50] website for free. And even though I have
[00:50:52] closed down that old store because I
[00:50:54] sucked at running a clothing store, I
[00:50:56] still have those spreadsheets available
[00:50:58] on that website. The website is cancel
[00:51:01] company.com/resources and we'll have a
[00:51:03] link below. Um, and the spreadsheets are
[00:51:05] up still to this day. It's Google Docs,
[00:51:07] so you know, practice safe docs. Um, but
[00:51:11] I should warn you that they're going to
[00:51:13] be coming down soon because not because
[00:51:16] we hate the project or anything like
[00:51:17] that, but because we have something way
[00:51:19] cooler in the works. And I don't want to
[00:51:21] say too much yet, but let's just say
[00:51:23] that all along people have been asking
[00:51:25] me if you could use your phone in order
[00:51:28] to scan products and find out who owns
[00:51:30] them and all this stuff that was on
[00:51:32] those sheets and more, that would be a
[00:51:34] gamecher. And at a certain point, I
[00:51:37] received an email from two people out
[00:51:39] there that were like, "Yo, we took your
[00:51:42] spreadsheets and we made them into an
[00:51:43] app and we want to show you." And
[00:51:46] they're awesome and they're total
[00:51:48] wizards and there is an app coming. I
[00:51:51] can't say too much just now, but it's
[00:51:53] definitely on the way and it's going to
[00:51:55] be sick. And we're going to put a link
[00:51:57] down below in the description of where
[00:51:59] you can go follow along in order to get
[00:52:00] the updates when that's ready because
[00:52:02] it's and by by the way, it's not going
[00:52:04] to be like some crazy profit scheme.
[00:52:05] We're not going to like make a bunch of
[00:52:06] money off you. We're going to make a
[00:52:07] dope product that I'm going to use every
[00:52:09] day because we want you to be able to is
[00:52:11] I mean, it's not about boycotting this
[00:52:13] or that or shutting down this company or
[00:52:15] that company. We're not here to tell you
[00:52:16] what's ethically right or what's healthy
[00:52:18] for you. We're just here to give you the
[00:52:20] information so that if you personally
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[00:53:34] 8007951210. That's
[00:53:37] 8007951210 or visit
[00:53:40] americanfinancing.net/owens. We've been
[00:53:42] loving the comments that you guys have
[00:53:44] been sending in. It's been so humbling
[00:53:46] to receive so much support and so much
[00:53:48] good belly laughter from all the things
[00:53:50] that you guys have been saying. So, to
[00:53:52] close out today, we're going to check in
[00:53:54] with some of your comments at Chrismaz
[00:53:57] 75 said, "I am so impressed with
[00:53:59] Candace's choice, not only because Ian
[00:54:01] is fully capable of doing a good job,
[00:54:02] but because he has different political
[00:54:04] ideas than Candace does, and these two
[00:54:06] are teaching people how to disagree
[00:54:07] respectfully and still work together."
[00:54:09] Yes, that is what we need more of in
[00:54:11] this world and I couldn't agree more.
[00:54:13] Candace, I love and respect her in every
[00:54:15] way. Even though we disagree on things
[00:54:17] that does not matter. You can be friends
[00:54:18] with people regardless. At Kenny Seer
[00:54:22] 2719 said, we got Ian Carol filling in
[00:54:25] for Candace before GTA 6. Let that sink
[00:54:27] in. Classic at wearing light being said,
[00:54:31] Ian being so respectful of Candace's
[00:54:33] show to the point he was afraid to say
[00:54:35] hell. I genuinely didn't know and I
[00:54:37] didn't want to make a mistake and I kind
[00:54:39] of like I used to teach a lot and so I
[00:54:41] kind of like getting back to my roots
[00:54:42] where you you know you're just making
[00:54:43] family-friendly content. It's a good
[00:54:45] feeling at
[00:54:47] NCD48 all this and more on Candace then
[00:54:50] I was kind of hoping for a baby Ian
[00:54:51] Carol montage don't hold your breath but
[00:54:54] maybe we'll do something like that at
[00:54:56] the end of the at the end of the time
[00:54:57] I'm here. I don't know. At faith-based
[00:55:00] living 939 says, "As a mother of four,
[00:55:02] thank you, Ian, for exposing these types
[00:55:04] of mafias, I mean businesses." Yeah, if
[00:55:06] you haven't seen the episode that we did
[00:55:08] about Urban Air yet, both of the last
[00:55:09] episodes this week were about this crazy
[00:55:12] breaking story at Urban Air. And don't
[00:55:13] worry, we will be doing a whole bunch
[00:55:16] more about that whole debacle next week.
[00:55:18] We're just taking our time to get the
[00:55:20] story straight, to compile all the
[00:55:21] documents that we have, and to really
[00:55:23] put together a great story because we
[00:55:25] don't we want to do the best we can for
[00:55:27] Tiffany, for all the other children and
[00:55:29] families that have been affected by
[00:55:31] this, and hopefully to make a change.
[00:55:33] So, at Cheryl Lynn 101 says, "My husband
[00:55:36] strapped the harness for our 9-year-old
[00:55:38] and tested the clip system at a couple
[00:55:39] of these places. He was more aware of
[00:55:41] the risk than me. We've even gone to
[00:55:43] indoor rock climbing loces, too, where
[00:55:45] he insisted on checking everything. He
[00:55:47] didn't care about offending people or
[00:55:48] pissing someone off, just measured
[00:55:49] insistence. Hearing this story makes me
[00:55:51] love him even more. Thanks, Ian. You did
[00:55:54] great. That is a good man. More healthy
[00:55:57] masculinity where you're taking care of
[00:55:58] your family, making sure your kids are
[00:56:00] safe. Do not outsource your children's
[00:56:02] safety to an underpaid 16-year-old at a
[00:56:05] private equityowned trampoline park.
[00:56:07] That is never a good idea. At Alle de
[00:56:12] Laquva said, "My daughter worked at
[00:56:14] Urban Air. She was 16. She complained
[00:56:17] she received no training and had to
[00:56:19] harness the children. She quit because
[00:56:20] she said management was irresponsible.
[00:56:22] The place was a mess. Parents need to be
[00:56:24] aware of this place and that we are
[00:56:26] seeing at these places. Thank you for
[00:56:28] bringing awareness to this. Yes, I'm
[00:56:30] glad your daughter got out and is safe
[00:56:32] and no horrible scandals happened right
[00:56:34] on her watch at Gematic. Leon said,
[00:56:37] "Tiffany is almost single-handedly
[00:56:40] raising awareness of how private equity
[00:56:41] is destroying small family-owned
[00:56:43] businesses. You are so right. Tiffany is
[00:56:45] an absolute rock star, a legend. And her
[00:56:48] story has been she's been working so
[00:56:50] hard to get her story out. And it's just
[00:56:51] an honor to be able to help tell that
[00:56:53] story and to help spread awareness of
[00:56:55] not only what she went through, but what
[00:56:57] all these other families went through in
[00:56:58] secret arbitration that they were not
[00:57:00] able to speak about until now. And I
[00:57:02] just I cannot but hope the best for all
[00:57:05] of these people that have been so harmed
[00:57:07] by it. Um it's a real tragedy. So, on a
[00:57:10] positive note, it's been really humbling
[00:57:13] to see your response to me. Thanks for
[00:57:14] all the wonderful comments. It's really
[00:57:16] fun to read through them and giggle,
[00:57:18] share them with the crew, um, and just
[00:57:20] generally, uh, have a good time with you
[00:57:23] guys and with everyone here at the
[00:57:24] Candace Show. Um, this is just the first
[00:57:27] week getting my bearings, getting our
[00:57:29] stories straight. Um, next week we got a
[00:57:32] whole bunch of bangers coming at you,
[00:57:34] too. But for now, that's all for this
[00:57:36] week. Be sure to like this video, share
[00:57:39] it with all your friends, subscribe to
[00:57:40] Candace's channel. Mine is linked
[00:57:43] below. Go off and have a great weekend.
[00:57:46] Stay healthy, be happy, and we'll see
[00:57:48] you next week.
[00:57:50] [Music]
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