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I Audited Trump's Platinum Plan. Here's What I Found — Transcript

by Dr. Dave Anderson · 2,048 words · 361 segments · language en · Watch on YouTube

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  1. 0:01Breaking news, the Platinum Plan
  2. 0:03audited. A Dave Anderson special report.
  3. 0:06>> $500 billion,
  4. 0:083 million new jobs,
  5. 0:10500,000 new black-owned businesses.
  6. 0:12Those weren't rumors. Those weren't
  7. 0:14numbers pulled from a barbershop
  8. 0:16conversation. Those are the promises
  9. 0:17printed in Donald Trump's official
  10. 0:19Platinum Plan for Black America. And
  11. 0:21Donald Trump is president again. So, I
  12. 0:23have one question. Where's the money?
  13. 0:25Where's the 3 million jobs? Where's the
  14. 0:26500,000 businesses? Where's the agency
  15. 0:29responsible for delivering them? Where's
  16. 0:31the quarterly report? Where's the public
  17. 0:33dashboard? Where are the receipts? And I
  18. 0:35already know what some of you are about
  19. 0:37to do. Trump supporters are going to
  20. 0:38start listing everything Donald Trump
  21. 0:40has ever done involving a black person.
  22. 0:42Democrats are going to act like their
  23. 0:43own political invoices aren't already 6
  24. 0:45decades past due. I'm going to need
  25. 0:47everybody to relax. All y'all are
  26. 0:49getting audited. Because this is not
  27. 0:51about whether or not Donald Trump likes
  28. 0:52black people. Politics ain't no dating
  29. 0:54show. I don't need your flowers. I need
  30. 0:57deliverables, tangibles. And today, I'm
  31. 1:00going to show you something bigger than
  32. 1:01a broken political promise. I'm going to
  33. 1:03show you how black economic pain became
  34. 1:05one of the most profitable products in
  35. 1:06American politics. The politicians will
  36. 1:08sell the promise. The consultants will
  37. 1:10sell the access. And the gatekeepers,
  38. 1:12they sell our approval. Everybody gets
  39. 1:14paid, and Black America gets another
  40. 1:16commemorative t-shirt. This isn't
  41. 1:17commentary. This is an audit. Let's
  42. 1:20follow the money. This is the Platinum
  43. 1:22Plan. The plan promising almost $500
  44. 1:24billion, 3 million jobs, 500,000
  45. 1:27businesses, increased homeownership,
  46. 1:30criminal justice reform, better
  47. 1:31healthcare, improved education, and
  48. 1:33stronger black communities. How long you
  49. 1:35think this plan is? 200 pages? 100? 50?
  50. 1:3920? Nope. Two pages. The Cheesecake
  51. 1:42Factory has a longer plan for
  52. 1:43appetizers. America was supposedly
  53. 1:45preparing to transform the economic
  54. 1:47condition of more than 40 million black
  55. 1:49people, and the operating plan could fit
  56. 1:51inside a birthday card. And that tells
  57. 1:52us something important. This wasn't
  58. 1:54legislation, wasn't a federal budget, it
  59. 1:56definitely wasn't appropriation. Let's
  60. 1:58talk about the money. When people hear
  61. 2:00$500 billion, they imagine money
  62. 2:03specifically budgeted for black
  63. 2:04communities. A fund, an appropriation, a
  64. 2:07clearly defined pool of capital.
  65. 2:09Something that could be traced from the
  66. 2:10federal government to institutions,
  67. 2:12businesses, and households. That's not
  68. 2:14what this document describes, if you can
  69. 2:16even call it a document. The Platinum
  70. 2:18Plan discusses more than $400 billion in
  71. 2:20lending opportunities through financial
  72. 2:22institutions. It discusses up to $40
  73. 2:25billion in government funding combined
  74. 2:26with private investment. It discusses
  75. 2:28broadband investment. It discusses
  76. 2:30expanding access to the federal
  77. 2:32contracting marketplace. Those are
  78. 2:33different categories. They are not one
  79. 2:36$500 check. They do not all represent
  80. 2:39government spending. And they do not all
  81. 2:42represent money specifically received by
  82. 2:44black-owned businesses or black
  83. 2:46households. That distinction matters.
  84. 2:48Access to capital is not capital
  85. 2:50received. A bank allowing you to submit
  86. 2:52an application is not the same thing as
  87. 2:54approving your loan. A government
  88. 2:56announcing contracting opportunities is
  89. 2:58not the same thing as awarding contracts
  90. 3:00to black-owned companies. I have access
  91. 3:02to Lamborghini dealerships. That doesn't
  92. 3:04mean the Marshall Lagos parked in my
  93. 3:05parking lot right now. Access is a
  94. 3:07doorway. Ownership is what you take off
  95. 3:09the lot. Black Americans have been sold
  96. 3:11access for generations now. Access to
  97. 3:14rooms, access to meetings, access to
  98. 3:16politicians, access to capital. Somehow
  99. 3:18we keep receiving access, but everybody
  100. 3:21else starts receiving assets. And black
  101. 3:24America is left holding a brochure
  102. 3:26explaining all the wonderful things we
  103. 3:28were technically permitted to pursue. An
  104. 3:30invitation to apply is not an economic
  105. 3:33achievement. Show me the approvals. Show
  106. 3:35me the dollars received. Show me the
  107. 3:37contracts awarded. Show me the
  108. 3:39businesses that survived. Show me the
  109. 3:41jobs that lasted. That is the audit. The
  110. 3:44Platinum Plan promised 3 million new
  111. 3:46jobs for black Americans. That sounds
  112. 3:48measurable, until you ask the questions
  113. 3:50the document doesn't answer. This isn't
  114. 3:52me nitpicking. Definitions determine
  115. 3:54whether a claim is valid. As of June
  116. 3:562026, the Bureau of Labor and Statistics
  117. 3:58reported black unemployment at 6.6%
  118. 4:00compared to 3.6% for white workers. Now,
  119. 4:03listen carefully. That monthly
  120. 4:04unemployment rate does not prove that
  121. 4:06every Trump policy failed. Without a
  122. 4:08specific Platinum Plan dashboard,
  123. 4:10everybody's forced to grab disconnected
  124. 4:12statistics and build their preferred
  125. 4:14political bedtime story. And black
  126. 4:15families will still not know whether
  127. 4:17specific promises were ever delivered.
  128. 4:19If you promised 3 million jobs, the
  129. 4:21dashboard should show the starting
  130. 4:22employment number, the number of jobs
  131. 4:24created, the number of jobs recovered,
  132. 4:26the industries, the wages, the
  133. 4:29locations, the retention rate, the
  134. 4:31number of unique workers hired, and the
  135. 4:33progress towards 3 million job goal.
  136. 4:35That's basic business. But politicians
  137. 4:37have learned that they surround enough
  138. 4:39vague language with enough flags,
  139. 4:40applause, and gospel music, voters will
  140. 4:42call it policy. Nope, I want the
  141. 4:44spreadsheet. Now, let's audit the
  142. 4:46promise of 500,000 new black-owned
  143. 4:48businesses. Here's the first problem.
  144. 4:50What counts as a business? The Census
  145. 4:52Bureau reported approximately 201,000
  146. 4:54black-owned employer firms using its
  147. 4:56latest published ownership data. Those
  148. 4:58firms represented approximately 3.4% of
  149. 5:00employer businesses. That number matters
  150. 5:02because employer firms have paid
  151. 5:04workers. They produce payroll. They
  152. 5:06create jobs beyond the owner. But black
  153. 5:08Americans also own millions of
  154. 5:10non-employer businesses. Those
  155. 5:12businesses can be legitimate and
  156. 5:14profitable. They can also range from
  157. 5:15established independent professionals to
  158. 5:17people who formed an LLC while the logo
  159. 5:19is still being designed. Those
  160. 5:20categories can't be thrown in one bucket
  161. 5:22without explanation. Creating a business
  162. 5:24entity is not the same thing as creating
  163. 5:26an economically productive enterprise.
  164. 5:28That's why I refuse to measure it with
  165. 5:30vanity metrics, because black America
  166. 5:33doesn't mean more people calling
  167. 5:35themselves CEOs. God knows we don't. We
  168. 5:37need more enterprises capable of
  169. 5:39employing people, acquiring assets, and
  170. 5:41surviving economic shocks. 500,000 new
  171. 5:44businesses sounds magnificent, but
  172. 5:45without a definition, it might as well
  173. 5:47be numerology. Before social media
  174. 5:49influencers, before campaign surrogates,
  175. 5:52before people ever received a picture
  176. 5:54near a politician and immediately
  177. 5:56changed their biography to presidential
  178. 5:57advisor, there was Operation
  179. 5:59Breadbasket. The idea was simple. If
  180. 6:01corporations made money from black
  181. 6:03consumers, those corporations should
  182. 6:04employ black workers, promote black
  183. 6:06workers, and purchase goods and services
  184. 6:08from black-owned companies. Stanford's
  185. 6:10King Institute reports by 1967,
  186. 6:12Atlanta's Operation Breadbasket had
  187. 6:14negotiated jobs producing approximately
  188. 6:16$25 million per year in new income for
  189. 6:19the black community. In Chicago, under
  190. 6:21Reverend Jesse Jackson's leadership,
  191. 6:22Breadbasket reportedly secured
  192. 6:24approximately 2,000 new jobs worth
  193. 6:26around $15 million annually during its
  194. 6:28first 15 months. If you receive our
  195. 6:31dollars, there must be measurable
  196. 6:32reciprocity. Not a diversity statement,
  197. 6:35not a mural, not an advisory board,
  198. 6:37jobs, contracts, ownership, income. That
  199. 6:41was the transaction. But somewhere along
  200. 6:43the way, leverage became access.
  201. 6:46Economic demands became ceremonial
  202. 6:48invitations. Negotiators became
  203. 6:50validators. And the question changed
  204. 6:52from what did we receive to who all got
  205. 6:55invited? That's the bridge between the
  206. 6:57bougie system and the political
  207. 6:58consultant system. The bougie determines
  208. 7:00who is respectable enough to enter the
  209. 7:02room. The consultant class determines
  210. 7:04how much the campaign will pay to borrow
  211. 7:05that respectability. The gatekeeper gets
  212. 7:07the access, the campaign gets cultural
  213. 7:09validation, and the community gets told
  214. 7:12that progress occurred because somebody
  215. 7:13black was standing in the photograph.
  216. 7:15Let me say this directly. A seat at the
  217. 7:17table is not power if you don't control
  218. 7:19the menu, the money, or the outcome.
  219. 7:21Sometimes a seat at the table just means
  220. 7:22they needed another token in the
  221. 7:24picture. Here's the modern operation.
  222. 7:26Step one, black communities experience
  223. 7:29legitimate economic pain, a wealth gap,
  224. 7:31a home ownership gap, a business capital
  225. 7:33gap, employment disparities,
  226. 7:35underperforming schools, unsafe
  227. 7:38neighborhoods, limited healthcare
  228. 7:40access, real problems. Step two,
  229. 7:43political campaigns turn those problems
  230. 7:44into messaging opportunities. Step
  231. 7:46three, the campaign identifies the
  232. 7:48approved gatekeepers who can translate
  233. 7:50the message into culturally acceptable
  234. 7:51language. Step four, a plan is announced
  235. 7:54with giant numbers and flexible
  236. 7:56definitions. Step five, consultants,
  237. 7:58surrogates, influencers, and
  238. 8:00organizational leaders receive access,
  239. 8:02visibility, contracts, influence, and or
  240. 8:05proximity. Step six, the community
  241. 8:07receives a slogan. Step seven, the
  242. 8:09election happens. Step eight, the
  243. 8:11dashboard never arrives. Step nine, four
  244. 8:14years later the political machine
  245. 8:16returns to renew the subscription. Every
  246. 8:18four years the system renews the trauma
  247. 8:20and auto bills our loyalty. Everybody
  248. 8:22gets something except the principal and
  249. 8:24foundational black American voters are
  250. 8:26supposed to be the principal. The
  251. 8:28incentives are more than enough. The
  252. 8:29system works because everybody near the
  253. 8:31transaction benefits from keeping the
  254. 8:33promise difficult to measure. If
  255. 8:35foundational black American voters had a
  256. 8:37public balance sheet, then political
  257. 8:38loyalty would become expensive and the
  258. 8:40entire system depends on our loyalty
  259. 8:42remaining super bargain basement dirt
  260. 8:44cheap. So, here's the solution. From
  261. 8:46this moment forward, every political
  262. 8:49plan marketed to black America should be
  263. 8:51placed on the black political balance
  264. 8:53sheet. Seven categories, no exceptions.
  265. 8:56Number one, the baseline. Where are we
  266. 8:58starting? If you promise 3 million jobs,
  267. 9:01tell us the employment baseline. If you
  268. 9:03promise 500,000 businesses, define the
  269. 9:05existing number and the category. Number
  270. 9:07two, the deliverable. What exactly will
  271. 9:10be created, changed, funded, prohibited,
  272. 9:13or eliminated? Number three, the
  273. 9:15appropriation. How much money has
  274. 9:17legally been authorized and
  275. 9:19appropriated? What money became legally
  276. 9:21committed? Number four, the responsible
  277. 9:24party. Which agency owns the result?
  278. 9:26Which official reports the numbers? Who
  279. 9:29answers when the target is missed? If
  280. 9:31everybody's responsible, then nobody's
  281. 9:33responsible. Number five, the deadline.
  282. 9:36Not in the coming years, not as we move
  283. 9:39forward, not during the next chapter of
  284. 9:42American greatness. Give me a date.
  285. 9:45Number six, the public dashboard.
  286. 9:47Quarterly reports, dollars allocated,
  287. 9:50put the numbers where citizens can see
  288. 9:51them. Number seven, the remedy. What
  289. 9:54leverage do voters have if the promise
  290. 9:56is not fulfilled? Because a contract
  291. 9:57without a remedy is a suggestion. Apply
  292. 10:00this balance sheet to Trump. Apply it to
  293. 10:02Democrats. Apply it to the Congressional
  294. 10:04Black Caucus. Apply it to black
  295. 10:06leadership. Hell, apply it to me.
  296. 10:08Consistency is what separates analysis
  297. 10:11from propaganda. If your standard
  298. 10:13changes depending on who's being
  299. 10:14audited,
  300. 10:15you don't have a standard. You got a
  301. 10:17mascot. Now, let me make something
  302. 10:19absolutely clear. I will never tell
  303. 10:20black people to sit around waiting for
  304. 10:22Washington to rescue us. That's never
  305. 10:24been my theology. It's never been my
  306. 10:25business philosophy, and that's not how
  307. 10:27I live my life. Here's my final verdict
  308. 10:29for the platinum plan. The document made
  309. 10:31promises, almost $500 billion in
  310. 10:33increased access to capital, 3 million
  311. 10:35new jobs, 500,000 new black-owned
  312. 10:37businesses. But the plan did not provide
  313. 10:39the definitions, the baselines, the
  314. 10:41appropriations, responsible officials,
  315. 10:43deadlines, and public reporting system
  316. 10:45necessary to independently audit these
  317. 10:47promises. The Trump administration can
  318. 10:49point to real policies. Those policies
  319. 10:51should be counted fairly. Some proposals
  320. 10:54resembling items in the platinum plan
  321. 10:56became law under the Biden
  322. 10:57administration and a bipartisan
  323. 10:59Congress. But as of this recording, I
  324. 11:01have not located the comprehensive
  325. 11:02public dashboard tracking the original
  326. 11:04platinum plan promises under the
  327. 11:06platinum plan name. If that dashboard
  328. 11:08exists, please bring it to me. I don't
  329. 11:10want a speech. I don't want an
  330. 11:11influencer clip. I don't want a meme. I
  331. 11:14don't want a montage featuring Donald
  332. 11:16Trump standing near several black
  333. 11:17celebrities. I care whether or not black
  334. 11:19America received the tangibles, and that
  335. 11:21is the difference between political
  336. 11:22power and political fandom. Love is not
  337. 11:25a line item. Respect is not a budget.
  338. 11:27Representation is not ownership. Access
  339. 11:30is not capital. A meeting is not a
  340. 11:32contract. An announcement is not an
  341. 11:34appropriation. And a promise without a
  342. 11:36dashboard is a campaign commercial with
  343. 11:38punctuation. What did Black America
  344. 11:40actually receive? What did the people
  345. 11:42receive? That is the audit. That is the
  346. 11:45real Black agenda. And that is how we
  347. 11:47stop being political inventory and
  348. 11:49become political investors. So, if
  349. 11:51you're ready to stop debating
  350. 11:52personalities and start auditing
  351. 11:53performance, write one word in the
  352. 11:55comments, receipts. Not MAGA, not
  353. 11:58Democrat, not liberal, not libertarian,
  354. 12:02not conservative, receipts. No more
  355. 12:05endorsements without deliverables. No
  356. 12:07more access without ownership. No more
  357. 12:09announcement without appropriations. No
  358. 12:11more promises without public dashboards.
  359. 12:13No more political love stories. It's
  360. 12:15time to pop the balloon. It's time to do
  361. 12:18real business.

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