There's a lot going on here, but I can't wait to get into this how to get his mug two names, because both things are happening here. So last week I just kind of arbitrarily just started talking about carrying wads of cash in different pockets and not having all your cards, which you went on you all the time. Who knew it was gonna be what was about to happen right now? Yeah, So when you get pocket checked, it's exactly what it sounds like. And every every city got a different like
way to explain this. Hey, running shoes, you know what I'm saying. That means they're about to get stolen. You know, running pockets told me that just means whatever is in your pocket, you're about to get robbed. Pocket check is checking your pocket, you're about to get robbed. So logic would tell you, don't put all your money in one pocket, don't ever carry all your cash with you, put some here, something there, and then you just reach in your pocket
and be like, yo, that's what I got. You know what I'm saying, that little gene pocket up top, that got the small little thing. Make sure you put something in there, and make sure you tuck something in your sock. There's little chest pockets. There's a little like they look like little Fannie packs. A lot of times you when you're traveling abroad, that's the thing that you put your passport in. That's where you put your big bills. You put them over there. But the last thing you do
is put your money in your wallet. Your while it should basically just have your I D. You know what I'm saying, and uh, whatever credit cards you got. I mean when we was young, we add credit cards. But like your while, it should have really nothing in it, nothing that you can't replace immediately. But you don't carry all Like what's wrong with you? You don't carry all your First of all, it's just bad spending. Avers to have all the money you have accessible to you everywhere
you go. No, leave one of them credit cards at home, leave on them cards at home. Just another thing is like put stuff at other people's name. I mean, this was like a hood stuff when you just have Mama got bad credit. So the electric bill and your daughter's name, water bill and your son's name, which sucks because I mean we grow up with bad credit because they didn't have the water turned off twice on your name. You know, but you spread it out just in case somebody catch
a case. All the money ain't gone number one, or like I said, if youbodys get robbed, they don't take it all. I know. This is also Hispanic Heritage month, and one thing that's true about Hispanic heritage is y'all elders don't trust the banks. So there's a mattress with all the important documents, wads of cash stuck up under our Elita's mattress right now. You know what I'm saying. Now, Hell, we're not Hispanic, but my aunt dot God rest her soul. Whenever she wanted to uh bless us with a little
bit of money, she's still right. The cheat the account, the boom account, she rewrites right into her brow. Pull out. Watch y'all gonna get y'all some new shoes or something. If we just don't. You don't put your money in one place, that's crazy. You don't know who watching. And in the street. You know you got the stashbox, you know what I'm saying. You've got different spots you put stuff in, because man, if they raid one place and
everything there, you you out, You out the game. You can put it all in one place, right, This is crazy. But in this situation, it ain't the streets watching your money. Uh, it's the reporters. It's Uncle Sam. It's everybody's Uncle Sam across the world watching your money. So if you got too much money, you better learn how to hide it before they come pocket check you. Why they're coming to take your money? Oh man, they just hate me because
they ain't me. Let's talk about the Pandora Papers. Hood politics, y'all? How you so hood right now? Politics? Y'all? Sood all right? Maybe you remember a few years back, there's a thing called the Panama Papers, which is basically the junior high
version of what this Pandora papers are. It's a law firm in conjunction with some journalists were able to unearth a ton of documents kind of showing where the top wealthiest of like the world, we're sort of high name money and either sheltering from taxes evading taxes, which are two different things which we'll get into a little later. This right here, though, this Pandora Papers that just just dropped.
What's today, Today's October six. I don't know what week this is going to come out, because about to go on tour, so I have to um load up these uh these episodes. Anyway, it's it's explaining where the wealthiest of the world are kind of putting their money again to avoid rules. Now, when I say the wealthiest, yeah, I mean like billionaires. Now, I think I may have said this before, but like sometimes when it comes to money, there's a few things that like I always try to remember.
One is that first of all, it's not real, Like money is not real. It's not real, like we we made it up. We agreed that this widget or product takes this much imaginary pieces of paper two possess all going back to capitalism theory and just there's there's some stuff that like let us let us let us remember this that money is a construct. Okay, we made it up. Yeah, it's not real. Now having said that, in the same way that race isn't necessarily real, it's a social construct.
That still doesn't mean we don't exist in a reality that has accepted it as real. Right, so understand how those two things kind of work together now. But another thing is that when the numbers get so big, I think at that point that's when it starts feeling much more like, oh, this is all imaginary, like in the same way that like an for Latino is so confusing to racial series or like Canna candybody, what the hell
is an Aboriginal? You're looking at them like you black as hell, but they're not because they got blind eyes. So it's because again, there's a place where these social constructs breakdown. You can you can pitch your ten bucks and a lot of times you could pitch your ten bucks because you knew what it took to get and you know what ten dollars get you. You know, you could picture a hundred dollars like and pending on one stage of life. You in how hard it is to
spend that hundred dollars. When it gets to a huntred, you start thinking about, Okay, I'm gonna really think about this purchase, saying because of how much effort it took me to get this huntreed dollars. Now, I don't know how old you are, but let's talk about a thousand. Now, a thousand dollars to me still feel like a lot of money. Now at I spend it. I spend more than that a month obviously because of I live in California, I got rent, I got a wife, and two children.
So I spend much more than a thousand. I was a month. But if somebody on some like, hey, you want to go on this vacation this weekend with the homies, not even a vacation, Let's go to the club, rent a table by bottle, maybe grab an air you that's you.
You're into the thousands between drinks, entrance v I p uh, your uber rides there and back if you especially if you drinking with the homies, like you're in the that's a night like you're it's gone, only I have a headache in the moment, like you know, So the money, like you start, you could get a feel as to what that is. When we start talking about like a million, it's this is like I can't even fathom, okay, ten million.
That's why when we're even even talking about like the infrastructure and the reconciliation bills, like three point five trillion, can you picture I don't think we can picture a trill three point five trillion really even fathom. They're not real number. Somebody owned the house the size of a federal building. You're like, I can't, I just you can't conceptualize it. Then you start realizing like, oh, this, it's only because we agree it's not real. This is also
a side note. But yesterday, uh, when the great Facebook shut down, it was stated that when it shut down that Mark Zuckerbird lost seven billion dollars and you like, that's what does that mean? Right? Like what do you what do you mean by that he lost seven billion? Was so like he did he swipe his card and it was seven billion missing? Like when when he tried to go by, like it don't it? Don't you? You see what I'm saying, Like I don't feel like real money.
But that's because you and me ain't billionaires. That's why I don't feel read. They just hate me because they ain't me. Now let's get into it. I'm gonna tell you what the Pandora papers are, how that works. Then I'm gonna tell you about like some of the stuff that's in there, like offshore accounts, tax shelters, Why somebody would do this? Is this stuff legal? Why isn't not illegal? How to hell is offshore actually South Dakota you saying?
And why some of these like American First Foods is just y'all, y'all full of crappy y'all knowe uh, we don't get into it now. Ready, here we go. So the i c i J, the International Consortium of Investigative Journalists. They put together the Pandora papers is fourteen law firms, six hundred journalists, hundred and seventeen countries. Right, they identified two hundred six US based rust And I'm gonna talk
to you what a trust is. It's linked to like forty one countries holding billions of dollars of money from everywhere else, Nearly thirty trusts held assets connected to people and companies accused of fraud, bribery, and human rights abuses in some of the world's most vulnerable communities. So these is kingpins. These as criminals. But remember this is her politics. So these is not only running the male regular as criminals.
This is government criminals. And this is where it gets all mixed up and just really really really good businessmen and women. Now they're putting their money in different places to avoid a lot of different things. Now let's get into the weeds here to understand what I mean by pocket checking and why any of this stuff happens. Let's just say you wanna um slank some pills. I'm get hood on you. Let's just say you want to like slank some pills on on a particular corner, right, but
let's just say that corner ain't necessarily safe. Right. Well, obviously, if you're about to slang pills on this corner, it's probably not safe. That means that that neighborhood set that neighborhood. Oh gee, they gotta okay it. Now, Why in the hell would they let you sell on a block unless you find pay them some money. That makes sense, right,
If you're gonna slang here, you gotta pay us. So at the end of the month, first and fifteenth, whatever the case, maybe they come up and they say, hey, we need thirty and you either pay us thirty percent or you pay us a hundred percent and never come right. It's pretty simple, right, you know, we we just we just breaking knees and you never you're never allowed to
come back. So you say, okay, look, hey, I'm made fifty Jesus this week here, you know, right, But if you really made seventy, you have to figure out how to hide that twenty somewhere. I just hope they don't find out. So what do you do? You you put it somewhere else? You give it to somebody else. You give it to another name, you pass it to another hood, You pass it to another dude, tell him keep five g's for himself. And you've got to hide it and
just hope it works out well. Rather than the hood saying, hey, run my thirty percent, the government says, hey run my thirty percent you made. I mean that's your those those are the taxes that are on That's that's what happens. You was able to make money in our country. I mean, we set up the system for you to be able to make this money. This is our country. You're selling our citizens, So run my money. But if you're making the money for this country, for this system, they're saying, okay,
well listen, it sounded me like you need me. I'm offering a good and a service that you are not able to provide your people. I got the work. I'm the plug. I got it. And if you want to keep this place happy and safe, you, I mean, you loki kind of need me so and I could go slang somewhere else you feel me. I'm making all this money for your for your neighborhood, for your country, for
your state. This is why states fight over having big businesses in the States, right, because they're like, well, you're making money for us. So if you you they realize like, if you're the businesses, if you're the plug, like, yo, you got a way to like you got some weight out here, I got some leverage. You actually you need me? Why should I keep selling here? Why should I keep doing this? I could go down the street, I could go to another so I could go to another country.
Give me some give me some like incentive to hold my money here, to run my thirty percent to you after all this hard work I'm doing. Give me an ecenter to do this. Well, that's what they call tax breaks. Well, if you you pull up on our state, you know what I'm saying, and you know you build this much, we'll give you off that this and you don't make you say okay, okay, cool, Right, Well how about this? How about a hundred percent off? I just made a
billion dollars. I don't want to pay your ship, So how about how about a percent off? Well? Uh, well, we I mean what we can't afford a hundred percent off? Um, I mean, I don't know what you want us to do with that, right, So check this out. Check this out. So you out here slanging, you know this block, say run thirty to the hood. You know what I'm saying. But um out there in the I E. You know
what I'm saying. A hundred you know, a hundred miles away, they say, hey, listen, I know you owe them, so check this out. Take fifty of what you made and put it in the I E. We got different laws, you know what I'm saying. Our our hoods run different. If you just sit it here, we'll just collect on the interest, you know what I'm saying, and we'll just hide your money for you. You you feel me, you pay us a certain fee, we'll protect you from that thirty percent you owe them. So you so, if I
made fifty racks, I made seventy racks. Rather than trying to hide the twenty and hope it don't find out, you hide twenty five of it or not seventy, just say you made seventy racks. Then we'll say, okay, thirty five. You take thirty five racks, go put it out in the I E. And they say, okay, we're good. Right, you know what I'm saying, and we'll give it a whole other name will will pretend like it's ours, right, and then everything okay, everything fine, So I know that
might have been convoluted if you're not from this. So let's not get lost in the metaphor. Let's make it plain. You're Joe blow billionaire. Your company has made six hundred million dollars whatever, six hundred billion I don't know, or brazilion dollars because beginning money is not real. You just made so much money. So what what happened is this? You hit a broker up. Broker say, hey, listen, you're not trying to pay taxes on six bazillion dollars, are you? Okay, cool,
we'll give me five bazillion dollars. Right, I'm gonna find different countries that got different tax laws. Singapore, Cayman Islands, right, Switzerland, you know all these different places that when you see in movies, this is what it's called an offshore account. Right. So so you take that money, send it over there through this broker. This broker makes up a company, just makes it up. We're calling it. I don't know Joe's Cup Service, right ran By, I don't know Rafiki Jones.
You're making up these people and you set up an account in this country way over there, and it's like it's a legit air quotes company, and that legit company only really exists based on paper. And you put all your money over there that you not trying to pay taxes on. And then what that company does is will since it's a company right in a legit country. You get you know, a bank statement, you get credit cards, you get things, and what do you do with those
credit cards? What do you do with those things? Well, with that, with that credit card, with that, with that bank account. That's where you buy your yachts, that's where you buy your your second and third home and stuff like that. And I gotta pay taxes on that because that's not me. That's Joe's comp company. The company bought. That company, got its own tax Ain't got nothing to do with me. That's and what the hell America care about it for? That's disaccounted Singapore. How are you gonna
how are you gonna make me take pay taxes? America? How are you gonna make me pay taxes? All money earned in the Cayman Islands, that's not your money. When the hood run up and they say, hey, run that thirty percent, like I'm not gonna pay you money that I ain't make here, that's not even my money. That's that's a whole other set. I can't run that. Oh yeah, that money way over there. I ain't got nothing to do with me. So what the Pandora papers is showing
is most mostly is fools is buying property. They're just getting it in everywhere else, right, that's what they're doing. They're buying property, and they hiding their money in these properties under names of made up companies from somewhere else
and hopes that it don't get traced to you. Now, we got the King of Jordan's, we got people from Russia, we got Colombian drug overlords, right, all showing up in this multimillion page like when I tell you, it's millions of pages of content kind of showing what the hell was going on. Now, why anyone would want to do this is pretty obvious, you know, Um you trying to avoid the pocket chat, right and in some things this is why I mean, yo, they just hate me because
that ain't me. I'm not gonna pay you for work I did. I don't think any of us really like taxes, you know what I'm saying, it's just the wealthy know how to day in this situation where they all know how to keep the money among them. They got access to stuff me and you ain't got access to. We just feel like, ain't nothing I can say to the O G. Right we all to survey. Ain't nothing I can say to that O G. When he were like, Yo, running thirty racks? Yo, what's what's up on my floaty homey?
Like you know, and that's a nice bike. Let me borrow you. Ain't nothing I canna say to what am I gonna am? I gonna run this fade? I mean, I'm gonna try, you feel me, I'm gonna try my best to try to appease it. But it ain't ship I can say to it. I'm not a part of that in the circle. I ain't got no leverage on this nigked you knownderstand I'm saying, when he comes check my pocket, all I could do is try to hide it.
But these people work in this circle, or they got access to ways in things that avoid that, you feel me. So look, it's perfectly legal for you to put your money wherever you want to put it. There are tax breaks and things that hide from jack is perfectly legal. It's just that's loopholes in the system. That's what I mean by like you and me, I just like we just ain't got access and stuff like that. We're not bringing a big enough bag. You know, our weight ain't
big enough. You walk into a bank, you're talking about like, yeah, I'm trying to hide this fifteen hundred hollis from Uncle Sam. They're gonna laugh at you. You know, I'm saying like it ain't you ain't got enough weight. You feel me you too lighting the booty for that. But then there's something that's perfectly illegal, which is like tax evasion or money laundering. Laundering sounds exactly like it is. You're washing
the money. It's you know, you made money, you made money off the curb, you invested into a fro yo company. Now all of a sudden, the money that you report comes out of the fro Yo because you had to explain if you had a million dollars out the trunk. You got to explain where this million dollars come from. And you're like, well, I got it from the fro Yo And they're like, well, well, if the I R.
S Is happy, if you ain't making enough noise. They're not gonna do no double check as to whether the million dollars that you had to invest in the fro Yo came from ill gotten game. I'm gonna check because they got their money. They're not worried about where you got it from. You don't make no noise if it ain't no problems for them. You ran, you're happy, the hood, happy, everybody happy, everybody making money. Just don't cause no problem. This that did you start causing problems is when we
start looking. It's when they start looking, you're following. So that's what the offshore account is. And that's why somebody do it. Now the people that's been in there. Uh, Like I said, you had the King of Jordan who spent a hundred million dollars on houses and a compound in Malibu. And look, look, do you know what this fool's defenses when it came out. His defense was like nigga, and y'all just hate me because you ain't me. I got money I had to invest in, so you want
sitting under the mattress now, Malibu beautiful. I bought these houses because it's amazing. I don't understand what where the scandal at y'all just salty. But it's attack shelter. He hiding his money. You know how we know it's because in the documents they won't even say his name. They tried their best to like not have it traced back to him. Matter of fact, they said, you know who in all the documents, same thing happened in Russia. Russia
was like, nah, ful, win't hiding no wealth. Uh, they spoke spend uh pecks off he's He was adding that it's not even clear that this information can be trusted. But the leak revealed that four million and property was purchased through an offshore company towards the end of two thousand three, and it was purchased in the name of a girl who was supposed to used to be, you know, kind of messing with Putin and and their people. Just like, listen, we don't even know who these people talking about. We
don't even know who they are making this reports. If there was any serious allegations happening, we will take you niked serious, some girl bought some land and and I'm like, seriously, n is seventeen countries, six hundred journalists, like what you mean serious? And everyone was in on this and they're like, no, I don't know what you're talking about. That's because puttin in him is gang bangers. Y'all. Remember when he poisoned his own spy in the UK or out in the open.
Oh wait wait wait, wait, wait my bad. Allegedly that's just allegedly poison his own dude with some poison that's only made in Russia that you can't get nowhere else. But the man is sitting in the park in the UK died from this poison that you can only get in Russia. Russia like, I don't know what happened, and I don't know. I mean, could have been a filafel, I don't know what happened. Man mis Borsche was nasty. I don't know, could have been batulism. We don't know
what happened. That's because they're gangsters. Do you think I'm gonna admit it because you caught me, nigga, you ain't catch ship. Russia said, no, who, it ain't us, We ain't hiding nothing, that's hers. I don't know what you're talking about. You see the two approaches. Jordan was like an y'all, just salty. Russia was like, I ain't seen nothing. I don't know what you're talking about. Who are these people? These niggas is gangster as, y'all. It's like, I won't
even know what you're talking about. And finally, what I want to talk about is how much of this money is sitting in, of all places, South Dakota, y'all. South Dakota is the offshore account. Can you believe that? Because that's on shore? South Dakota said this our lick. Everybody else running, y'all don't want us to drill. You know what I'm saying. We can't build no no pipelines, Moneiggy, No, don't nobody want to move here. This ain't no vacation spot.
You know what we're finna do. We're gonna build banks and we're gonna get that foreign money. Nigga said, this was our lick. Now, how did they do this? Way back in the eighties and nineties, they ended what was called a perpetuity laws, which basically means that there's no uh end even after death that you access this money. So that's one um all that they trust laws. It's half politicians and have volunteers. So it's lawyers that try to say, hey, look, this is what we're trying to do.
So even the politicians and their volunteers, they really don't even know how the laws work when it comes to trust. They just know the money coming in South Dakota just
out here making money. In the Washington Posts story about Tried and Trust who promised to protect the fortunes and privacy of its new customers by relying on the laws of the state that had become a global destination for wealth, and the company called it the South Dakota advantage, my nigga, the little white boy cowboys getting busy, and among those who answered the call, according to the Washington Post, was a Colombian textile magnate caught in a scheme to launder
the proceeds of an international drug ring, an orange juice mogul who settled with authorities in Brazil for allegedly colluding to underplay local farmers and families of the former president of the sugar producer in the Dominican Republic that has been accused of exploiting labors and forcibly evicting of families from their home. Did you just hear me? Did you just hear me? Tell talk about four different countries, United States, Colombia, Brazil,
Dominican Republic. Y'all, borders are made up. This is what I try to say in terraform. Borders ain't real, niggd. It's not real because the money you follow, the bag these people they living in the world where you just you just secure the bag of money ain't real, nigga. The power is I'm not finn a hand over this imaginary whop when I don't have to. You know what I'm talking about. All money in big homey That's what's happening there right now. All money, and y'all just hate
me because you ain't me. Now. Lastly, that's what I want to talk about as like the like okay on han see there, I knew y'all was all cap these conservative offices talking about all this America first stuff. Take care of our own, you know, don't worry about nobody else's problems. And then they get mad at everybody else being global global, you know, like what you're looking at
is the perfect example of a global economy. Y'all, feel of ship you spending other people's money, y'all making money off shorts on purpose, luring other people in and guess who suffered naked US America the people you're supposed to be saying America first. No, it's not America first. It's gang gang. It's you first. And it's so obvious. And that's the part. I wish that outside of our political silos, we could sit across the table and be like, fam
are you seeing this, homie? These people don't love you. Niggas don't love you. When I was doing a little bit of like lightweight, kind of like gang intervention, an intervention is like not necessarily the word I'm looking for, but like counseling, I don't know how to explain it. But there was a little homie I remember he was. He was, uh, you know, Finn to go to placement, you know, out of Los Padrinos, which is a juvenile hall, and I just remember talking to him and being like, look, man,
you're a foot soldier. When they said the defendant police rise, which one of these niggas was here with you? They called your name, they used by yourself, and he didn't put some on your books and check on you, check on your girl, check on your mom, anybody check I mean, did they I mean, if they did, that's a different story. These niggas don't love you. That's what I want to say to these like rural communities, the nickers don't love you.
We're gonna talk about the opioid epidemic. These people pumped drugs into your hood and then let you go to jail. They don't love you. It's a very familiar story to me. They just hiding their money and not paying what they need to pay because they can. Oh Jesus to say that, like, why do you do that to that? Because I can't. You know what I'm saying like this, You know what the Pandora papers is. That is them saying I did this because I can't. Y'all just hate me because you
ain't me. You could pocket check us as long as you want any government, global economy pocket check us. We ain't got it. I don't know what you're talking about. I don't know what money you're talking about? What money? Yo, here go a multimillion page documentar where your money is. I don't know what you're talking about, the fools. So we'll see what else come out. But listen. If it's never been more obvious than it is right now, listen, politics, economics,
global economy, y'all. It's just hood, y'all. This mug was recorded and edited by Me Propaganda right here in East low'st Boil Heights, Los Angeles. Y'all can follow me at prop hip Hop on all the socials. You could follow the Hood Politics pod itself at Hood Politics Pod, where we'll be trying to make takes on stuff that aren't really big enough for a whole episode, but definitely needs a little bit of claric. This mug was scored, edited, mixed,
and mastered by the one and Only Headlights. Y'all, go follow my dog, Matt Auswelski. I still don't know how to say his name. I'm glad he changed it to Headlights. Follow him on his socials at Headlights Underscore music telling you hear all these new other fly tracks, this food be making, and the theme music was done by the one and Only Go Tips Gold Tips DJ Sean Pte. Y'all remember every time you check in. If you understand the Hood, you could understand politics. Shouts to I Heart
Media for making this happen. H