The Walt Weekly Podcast

In this episode, Jake Latham is being interviewed by Honey Luv. He talks about marketing and the change to a more personalized based approach. What is this approach?

 

This is chapter 4 of this series about a young black kid migrating from North Carolina to New York City 

This episode narrates a compelling life story marked by perseverance, the pursuit of opportunity, and moments of reflection. Discover how a young man from North Carolina navigated life's hardships, from health challenges to career beginnings at Chase Manhattan Bank, all set against the vibrant backdrop of 1970s New York City. Tune in for lessons on resilience, leveraging opportunities, and the importance of community and perseverance.

In this Chapter

• How applying for a job at Chase Manhattan marked the start of a lifelong career
• The challenges of passing an eye test without proper glasses and the innovative solution of borrowing money against a trumpet
• The impact of early 1970s New York City — from disco nights to 24-hour banking operations
• The significance of the International Money Transfer Department and early experiences in bank investigations
• Personal stories of overcoming addiction, health scares, and finding love amidst chaos
• Reflections on the social and economic climate of the era and lessons learned along the way

Timestamps:

00:00 - Starting a career at Chase Manhattan Bank in the 1970s
00:31 - Applying for a job at Chase and the importance of prior experience
01:01 - Passing the application process and early challenges with eye health
01:57 - Borrowing money with a trumpet as collateral to buy glasses
03:22 - The struggle with welfare and making ends meet in Brooklyn
04:15 - The tumultuous life before establishing stability in New York
05:35 - The vibrant culture of Lower Manhattan in the 1970s including disco nights
06:33 - The innovative 24-hour operations at Chase and its culture
07:01 - Introduction to the International Money Transfer Department
07:55 - Early training in international investigations and the cable system
09:17 - Memorable cases of money transfer mishaps and their stories
10:16 - Meeting his future wife at the office and life in Brooklyn
11:50 - Personal reflections on drug experiences, addiction, and recovery
13:20 - Health insights and the dangers of OD’ing on methadone
14:05 - Life in a Brooklyn apartment and independence as a young professional
15:33 - Social life and interactions with neighbors and coworkers
16:24 - Trying marijuana for the first time and its effects in the workplace
19:05 - Balancing nightlife and work during the early days at Chase

Resources & Links:

• Chase Manhattan Bank History
• International Money Transfer Basics
• Understanding Addiction and Recovery
• History of Discos in New York City

Connect with Walter:

• LinkedIn
• Twitter

Trump touts employment Increases. He has has his hand picked person in charge now. Do you believe the labor reports? Note that the numbers are now positive now. 

In this episode of the Walt Weekly Podcast, Walter Latham discusses pressing issues including federal workforce layoffs, the implications of the Bureau of Labor Statistics under the Trump administration, the impact of automation and AI on job markets, political strategies in Texas, and concerns regarding government spending and disaster preparedness.

Here’s some background information regarding the recent downward revision of nonfarm payroll job numbers by the BLS. The Bureau of Labor Statistics recently revised job growth figures for May and June downward significantly. This aligns with a larger trend influenced by three key factors:

1. Federal government layoffs: Over 300,000 government positions have been cut so far in 2025, driven largely by restructuring efforts under the current administration.

2. AI adoption: The rise of automation and generative AI is leading to a significant number of private sector job cuts. Look at Wells Fargo eliminating trade support positions and white collar jobs. 

3. Tariffs: New tariffs are disrupting trade-related industries, leading to further job losses across various sectors.

These combined factors have put downward pressure on job numbers, even though it might seem counterintuitive given other economic indicators. 

 Breaking News! Black America is in a RECESSION!

 

Since Donald Trump took office, the economic landscape for Black Americans has shifted dramatically. In April 2023, the unemployment rate for Black Americans was at a record low of 4.8%. However, by November 2025, that number had more than doubled, signaling a troubling trend. This section will delve into the factors contributing to this rise in unemployment and what it means for Black communities across the nation.

Community Programs

Highlighting organizations that are working to provide job training

Policy Changes

Discussing the importance of advocating for policies that address the root causes of unemployment in Black communities, including education and access to resources.

Resources:

• Joint Center for Political and Economic Studies - Source for racial economic data
• Black unemployment statistics - Bureau of Labor Statistics official reports

 

Contact Us:

Facebook: facebook.com/WaltWeekly
Instagram: instagram.com/thewaltweekly
Twitter: @thewaltweekly
LinkedIn: Walter Latham PMP
YouTube: youtube.com/TheWaltWeeklyPodcast

 

 

Show Notes

Keywords AI, employment, job displacement, creativity, corporate culture, legal landscape, human touch, empathy, service, future of work

This conversation explores the implications of AI on employment, the necessity for human adaptation in the face of technological advancement, and the importance of maintaining a human touch in a rapidly changing work environment. The speakers discuss the challenges faced by different age groups in adapting to new job markets, the role of creativity in AI, and the corporate culture that often prioritizes performance over employee well-being. They also touch on the legal aspects of employment and the need for empathy and service in the age of AI.

takeaways

• Corporations prefer workers who do not require breaks or vacations.
• AI's advancement in machine learning could lead to general intelligence.
• Clerical and white-collar jobs are the most at risk from AI.
• Humans have an innate ability to adapt for survival.
• HR departments typically prioritize management interests over employee welfare.
• AI can automate many legal processes, but human understanding is still crucial.
• The human touch remains essential in all professional interactions.
• Understanding who you serve is vital in any career.
• Adaptation is necessary for survival in the job market.
• Business decisions are often made without personal considerations.

Contact Us:

thewaltweekly@gmail.com

@waltweekly

@thewaltweekly

 

In this episode, we explore Andy Ellwood’s innovative AI-powered app, Stretch Groceries, designed to help families make smarter grocery choices, save money, and navigate rising food costs. Discover how this technology aims to bring transparency and efficiency to an industry often cluttered with challenges, and learn about future plans to expand access even in urban food deserts. Hopefully Andy can onboard neighborhood grocery stores. It could help us to reduce cost of food.

 

Main Topics:

• The purpose and functionality of Stretch Groceries
• How AI compares prices across over 30,000 stores nationwide
• Addressing food deserts and urban grocery accessibility
• Revenue models and future expansion plans
• The broader impact of grocery price transparency and consumer empowerment

Resources & Links:

• Stretch Groceries
• Stretch AI Platform

In part 2 of this insightful interview, Paul Musson, a seasoned investor and author, discusses the intricacies of the equity markets, the impact of home purchases, stock risk, gold, and options. He shares insights around investment techniques and hedging. He advises young couples to take a long view and to do your research.

 

Keywords Investing, Equity Markets, Central Bank Policy, Wealth Inequality, US Dollar, Market Risks, Financial Education, Housing, Gold, Options, leverage, and the p/e ratio.

Resources

Paul Musson's Blog - https://paulmusson.com/blog

Capital Events: Why Some Benefit at Your Expense (Book) - https://www.amazon.com/Capital-Events-Benefit-Your-Expense/dp/XXXXXX

Federal Reserve System - https://www.federalreserve.gov

US Treasury Bonds - https://home.treasury.gov/policy-issues/financing-the-government/debt-management

Gold as a Hedge - https://www.gold.org

Historical Economic Texts - https://www.econlib.org

In Part 1 of this insightful interview, Paul Musson, a seasoned investor and author, discusses the intricacies of the equity markets, the impact of central bank policies, and the future of the US dollar. He shares his expertise on how monetary policy influences asset prices, wealth inequality, and the risks facing investors today.

Keywords Investing, Equity Markets, Central Bank Policy, Wealth Inequality, US Dollar, Market Risks, Financial Education

About Paul:

Paul Musson was a professional investor for 25 years managing over $10 billion in

assets. Most of his time was spent with Mackenzie Investments in Toronto. Today, he

runs his own investment consulting firm called Paddington Capital Management and he

has a free weekly blog called Paulitical Economy which discusses things that are going

on in the world but in very easy to understand terms: pauliticaleconomy.com. His book,

Capital Offence: Why Some Benefit at Your Expense was published in 2025 and is also

available on Audible. The goal in writing the book was to educate people with respect to

how an economy really works and thus empower people to demand positive change

from our policymakers.

His hobbies/pastimes include birding, cycling and soccer. He is also a steam train

enthusiast.

Paul is married and has three daughters. He has lived in the Toronto area since 1990.

 

Resources:

Paul Musson's Blog - https://paulmusson.com/blog

Capital Events: Why Some Benefit at Your Expense (Book) - https://www.amazon.com/Capital-Events-Benefit-Your-Expense/dp/XXXXXX

Federal Reserve System - https://www.federalreserve.gov

US Treasury Bonds - https://home.treasury.gov/policy-issues/financing-the-government/debt-management

Gold as a Hedge - https://www.gold.org

Historical Economic Texts - https://www.econlib.org

This episode features Bronx political candidates Cortland W. Hankins III and Cecil Brooks Jr., discussing housing, community engagement, and the fight against gentrification. They share their backgrounds, policy visions, and strategies for empowering residents and improving local governance.

Bronx politics, housing advocacy, community engagement, tenant ownership, political candidates, Bronx Assembly, voter participation, immigration, ICE surge, local government accountability

 

Candidate Bios'

 

Cecil Brooks Jr. is a lifelong resident of the South Bronx who is running to become the next Male District Leader for the 84th Assembly District. His career  has brought him across the public & private sector for almost 2 decades as he pushes for investments in undeserved communities. During his tenure at the Office of Congressman Ritchie Torres, Cecil's work resulted in $2 million in federal funding for Bronx businesses, 2 reversals for wrongful deportation orders, and dozens of newly registered voters. A child of Garifuna & Caribbean immigrants from Honduras, he would be 1 of the first Central Americans elected to higher office in The Bronx as well as the first Black Male District Leader in his neighborhood.

 

Phone: 719-320-2704

 

Courtland Hankins is a Democratic candidate for the New York State Assembly in the 84th District, representing the working-class communities of Hunts Point, Port Morris, Mott Haven, and Concourse in the South Bronx. He currently serves as Community Coordinator for Bronx Community Board 3, where he works directly with residents, laborers, small businesses, and city agencies to address neighborhood concerns and advocate for real investment in the Bronx. For more than a decade, Courtland has also been on the front lines of the housing crisis through his work with BronxWorks, helping hundreds of individuals and families secure permanent housing and stability. Prior to public service, he spent over 20 years in New York’s financial sector at institutions including Chase, Citibank, Bank of New York, and Goldman Sachs.

Phone: 347-839-8864

In this episode, the host, Walter Latham, Sr emphasizes the importance of regional independence within the U.S., advocating for a subset of states to form their own sovereign homeland. The discussion explores ideas around self-governance, reparations, and regional autonomy.

Main Topics:

• The need for a coalition of 5-7 states acting as an independent country
• The concept of sovereign homelands within the United States
• The role of regional identity in political and social independence
• Strategies for achieving state-level autonomy and self-governance
• A discussion on reparations and their association with regional independence