THE CRUDE TRUTH Ep. 95 Sarah Zubiate Bennett and Kristy Kerns

by Rey Trevino  - August 9, 2024

Please reach out to Sarah Zubiate Bennett on LinkedIn

Sarah Zubiate Bennett (@Sarah_Z_Bennett) / X

Please reach out to Kristy Kerns onย LinkedIn

Stream episode The Morningline: Kristy Kerns 08/23/2023 by WLNI podcast | Listen online for free on SoundCloud

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THE CRUDE TRUTH Ep. 95 Sarah Zubiate Bennett and Kristy Kerns

Video Transcription edited for grammar. We disavow any errors unless they make us look better or smarter.

THE CRUDE TRUTH Ep. 95 Sarah Zubiate Bennett and Kristy Kerns

Video Transcription edited for grammar. We disavow any errors unless they make us look better or smarter.

Rey Treviรฑoย [00:00:00] Navigating business challenges, reinvention, and refocus. We talked to an expert on this episode of The Crude Truth.

Narratorย [00:00:07] In 1901 at Spindletop Hill near Beaumont, the future of Texas changed dramatically as, like a fountain of fortune, thousands of barrels of oil burst from the earth towards the sky. Soon, Detroit would be cranking out Model TS by the millions, and America was on the move thanks to the black gold being produced in Texas. Now, more than a century later, the vehicles are different, but nothing else has truly changed. Sure, there may be many other alternative energy sources like wind and solar and electric, but letโ€™s be honest, America depends on oil and entrepreneurs. And if the USA is truly going to be independent, it has to know the crude truth.

Narratorย [00:00:50] This episode is brought to you by LFS chemistry. We are committed to being good stewards of the environment. We are providing the tools so you can be too. Nape Expo where deals happen. Air compressor solutions when everything is on the line, Air Compressor Solutions is the dependable choice to keep commercial business powered up. Sandstone Group. Exec Crue, Elevate your network. Elevate your knowledge Texas Star Alliance. Pecos Country Operating. Fueling our future.

Rey Treviรฑoย [00:01:25] Hello again and thank you, as always, for tuning in for another episode of The Crude Truth. Weโ€™re shooting again today from our Dallas studio, so thank you very much to the Real News Communications Network for always hosting our great shows here. I am just so excited. As always, is with me, my co-host. Kristy. How are you doing?

Kristy Kernsย [00:01:43] Amazing as always.

Rey Treviรฑoย [00:01:44] I know. Right? You

Kristy Kernsย [00:01:45] ย maybe.

Rey Treviรฑoย [00:01:51] But thatโ€™s the way we got to be. You have to.

Kristy Kernsย [00:01:55] Yeah.

Rey Treviรฑoย [00:01:55] That is so true. And and speaking of amazing, though, also, not only are you amazing, but our guest today is somebody that has been just not only creating a name for themselves, but bringing Dallas in my, in my opinion, back to a positive place. Me being from Fort Worth, right. You know that always fun that you have. We talk about it on the go. Yeah.

Sarah Zubiate Bennettย [00:02:19] But you know, doing it right. You all are. Doing it right. Itโ€™s amazing.

Rey Treviรฑoย [00:02:21] We love it. Yeah, but today, Sarah Zubiate, theyโ€™ve been at this here. How are you?

Sarah Zubiate Bennettย [00:02:26] Iโ€™m doing fabulously well. Iโ€™m one. Iโ€™m just so happy to be here. Thanks.

Kristy Kernsย [00:02:29] ย Iโ€™m happy to have you. Yeah.

Rey Treviรฑoย [00:02:33] Well, thank you so much for coming on. You know, we were kind of talking a pre-production meeting, and it was like, man, you and I have known each other for about a year off and on passing the halls, because you got an awesome show that we want to talk about. But itโ€™s more than just a show. But, you know, you are a business leader. You are a mother. Leader, I think. Would that be right? Where to put it, Kristy? I mean. You know,

Sarah Zubiate Bennettย [00:02:56] another leader.

Rey Treviรฑoย [00:02:57] Yeah. And, I, I donโ€™t I donโ€™t know how to say, but, you know, you you just do so many things that are impactful because you, like Kristy, you know, you set an example and other people go and following what youโ€™re doing. And so youโ€™re a leader. Youโ€™re a leader in this community. And so itโ€™s just so great to have you on Sarah. How are you doing?

Sarah Zubiate Bennettย [00:03:20] Yeah I asked. thats a fabolous see well, but, you know. A different answer. Iโ€™m grateful and Iโ€™m happy to be here. Happy to be healthy and alive right now. And. Yeah, Iโ€™m just really, really looking forward to this show today.

Rey Treviรฑoย [00:03:36] Well, I tell you, you have been on the go as we wrap up this summer, and, you have just been super busy, right? And, you know, I kind of want to just start with, the Dallas, express News. Oh, that you do? Yeah. And, because that is just huge. You know, we were talking about that also, and I remember just all the newspaper clippings and that for our listeners out there that donโ€™t know, the Dallas Express newspaper used to be the main newspaper in Dallas. The Dallas Morning News used to be pretty small. And, maybe in that way again. Yeah.

Sarah Zubiate Bennettย [00:04:10] It looks like it.

Rey Treviรฑoย [00:04:11] Yeah.

Sarah Zubiate Bennettย [00:04:12] It looks like it. We do have more subscribers at this point. And like I was mentioning to you before, I do believe it has a lot to do with the fact that we are free. Thereโ€™s no paywall. Weโ€™ve actually amended a lot of how weโ€™re providing services from whenever my husband and I first founded it. And yes, so we are growing.

Rey Treviรฑoย [00:04:31] Okay. But in well, you know, as weโ€™re growing right now and I think you picked such a, in my opinion, a great time to start that because Iโ€™ve been doing that now for, what, a year or two.

Sarah Zubiate Bennettย [00:04:41] No, no no, itโ€™s itโ€™s been longer than that. So we started it. We actually launched it on my birthday, during right after Covid. Okay. And so itโ€™s been about three years now, okay. A little over three years. And it was born out of the fact that my husband was particularly. You know, showcased in a lot of the, the different outlets, our competitors in town, but across Chicago Tribune, Wall Street Journal, New York Times, LA, you know, even El Paso. He was on the front news of my hometown, El Paso. Because of the PPP, yeah. Program during Covid.

Rey Treviรฑoย [00:05:21] Yeah.

Sarah Zubiate Bennettย [00:05:23] And they had a way of just distorting the truth. And Mark Twain. Right. Everyone knows Mark, but he said something to the effect of, you know, those people who do not read the paper, the newspaper. Back then, it was just a newspaper. Are uninformed. Those who read the newspaper are misinformed. But that humor is the unfortunate truth. On an entirely different scale today. And so we certainly identified the need for it. And itโ€™s now transformed into something quite large. And Iโ€™m grateful.

Rey Treviรฑoย [00:05:57] Yeah, itโ€™s I mean, itโ€™s very big. And you also have a show.

Sarah Zubiate Bennettย [00:06:00] Yeah. Yeah, I do, I do.

Rey Treviรฑoย [00:06:01] And so, you know, can we talk about that because you go places too, right?

Sarah Zubiate Bennettย [00:06:07] I do, yeah, yeah. For the fun segment.

Rey Treviรฑoย [00:06:09] Yeah,.

Sarah Zubiate Bennettย [00:06:09] I kind of.

Rey Treviรฑoย [00:06:11] Yeah. Yeah. No, thatโ€™s. Yeah, thatโ€™s It is

Sarah Zubiate Bennettย [00:06:13] Some segment.

Kristy Kernsย [00:06:13] Fun

Sarah Zubiate Bennettย [00:06:16] Yes. And because the, the, the first primary interview on the Dallas Express video podcast, it is. Intended to speak primarily about issues facing our community, but the primary ones that are nonpolitical oftentimes are non non biased, I should say. So thatโ€™s why I always say that it is a balanced show, and I very much try to bring that forward, because in our municipalities we should be concerning ourselves with issues that are not primarily Partizan. Yeah, right. Because itโ€™s everyone wants low crime, everyone wants good schools, right? Everyone wants homelessness to be reduced. Everyone wants our business community to thrive, to have low red tape, very low barriers to entry whenever it comes to productive business in our community. So itโ€™s that that I primarily tend to focus on. Iโ€™ve recently started featuring different people who bring a number of skill sets, but then I let them know, listen, youโ€™re a community leader, youโ€™re a business leader. So pivoting over to the community aspect, Iโ€™m very much interested in what your insight is pertaining to this, this, this. And I asked them beforehand, what are you particularly passionate about? And then the fun segment, the second segment, I always try to showcase a local business that I think is doing things right, right. Just something unique and fun to kind of jazz up. Something thatโ€™s. A little bit heavier on the first side, but itโ€™s itโ€™s something to me that has always been very interesting and very sexy. The first kind of meteor, interview. But unfortunately, people are just very busy in their lives. As you know, people just have a million things to keep them distracted. We all do. Every single one of us are guilty of it. But Iโ€™m very much interested in helping people to play and become interested in playing a pivotal role in their local community because, as you know, economically, thereโ€™s thereโ€™s a lot facing our country. Yes, at this point.

Rey Treviรฑoย [00:08:27] You know, a lot. Well.

Kristy Kernsย [00:08:30] How do you feel that it helps with like getting, you know, everybody talked about helping or whatever. Do you actually feel that the community is coming together with this and that you are helping with the homelessness? Very much. Okay. Any like, charities or foundations that you work with when it comes to the.

Sarah Zubiate Bennettย [00:08:47] Yes, several. And so the whole philanthropic space is primarily what Iโ€™m doing at this point. So I sit on the board for Dallas Express. I co-founded it with my husband. And so Iโ€™m intimately involved with the operations there. Singers. Iโ€™m right, the host of of the show. But aside from that, yes, the CNO, CEO and myself, Chris is named Chris Putnam. Heโ€™s fabulous. We talk a lot. Okay. And so Iโ€™m intimately involved there at the Dallas Express, and it is a nonprofit, so not sure if youโ€™re aware of that.

Rey Treviรฑoย [00:09:21] Oh.

Sarah Zubiate Bennettย [00:09:21] Yeah. That. Yeah, absolutely. Itโ€™s a nonprofit and I can speak about that later if youโ€™re interested. Then I sit on the board of the Metropolitan Civic and Business Association, which helps to involve local businesses in their community. So the business community has been somewhat absent in, in our local community. But these other great once great communities as well, whenever the business community steps out, you oftentimes see a downtrend of success. I mean, youโ€™re looking at great cities like Manhattan, Chicago, LA, San Francisco. Their policies has taken them in a very, very into a bad space.

Kristy Kernsย [00:10:05] Dark space.

Sarah Zubiate Bennettย [00:10:06] Yeah, very bad space and nonproductive. I mean, youโ€™re looking at the Texas economy alone, right? Itโ€™s at what, $2.4 trillion economy, the United States economy is, what, 28.4 trillion, except the United States debt. Itโ€™s, what, 30, 34 trillion or something? I forget the congressional notes that just came out after the Federal Open Market Committee. Iโ€™m not sure if you all read those. But anyways, back to local. Texas has a vibrant, thriving economy. And so in Dallas, weโ€™re looking at so much opportunity. We are garnering so much movement from these other cities that have unfortunately performed abysmally. So locally. Yes. Metropolitan Civic Mikva, the Metropolitan Civic and Business Association helps to involve local businesses. So they join Mikva. And then for a nominal fee, there is, a board of persons, not myself. Even though I sit on the board, theyโ€™re totally unrelated to NCBa. They provide recommendations for these businesses, employees to vote in local elections, which is so critical to ensuring that these businesses are driving that involvement from their employee base, because without the employees being involved in what is best for business, theyโ€™re going to be checked out. But because thatโ€™s who writes their paycheck, then theyโ€™re inherently interested in inherently involved. So we are yeah. So now we have thousands of of people who are voting in local elections who were once not involved. And itโ€™s grown incredibly. And then I sit on the board of the Dallas Education Collective, which has to do with improving our local school options. And then, really Vis-a-vis my husband, heโ€™s someone thatโ€™s intimately involved with starting something thatโ€™s comparable to Haven for Hope in San Antonio, which helped to drastically reduce homelessness there. And itโ€™s going to be called here refuge for renewal, I love that. Yes. And so these are not partizan topics. These are topics that every single person, regardless of their predisposition politically, can rally around, can rally around to make Dallas accessible.

Rey Treviรฑoย [00:12:33] Yes.

Sarah Zubiate Bennettย [00:12:34] Because weโ€™re not at the I mean, youโ€™re better than our competition, but weโ€™re we could do much better for sure.

Kristy Kernsย [00:12:40] Thereโ€™s always room for improvement. But, such.

Rey Treviรฑoย [00:12:42] As she looked like she looks over here. No room for.

Kristy Kernsย [00:12:46] Yes. Yes.

Rey Treviรฑoย [00:12:48] But I want to say I want to focus on Dallas for a few more minutes here because, you know, you highlighted San Francisco, Los Angeles, Chicago. A lot of people, when they think Dallas, they think red, they think, the Republican. But Dallas is not.

Sarah Zubiate Bennettย [00:13:04] That was blue.

Rey Treviรฑoย [00:13:05] Dallas was blue. Thatโ€™s right. And, you know, thatโ€™s why I think part of the reason why what sets Dallas on full width apart. But all these people are coming to Dallas from California from. Right. And, you know, I just read a brief article today from, David Blackmon, whoโ€™s in the only gas industry that Chevron just announced. Theyโ€™re moving their headquarters from California to Texas.

Sarah Zubiate Bennettย [00:13:28] Thatโ€™s right.

Rey Treviรฑoย [00:13:28] Huge.

Sarah Zubiate Bennettย [00:13:29] Thatโ€™s right.

Rey Treviรฑoย [00:13:29] Okay. Now, if he comes here to Dallas, thatโ€™s why, you know, thatโ€™s why Iโ€™m excited that youโ€™re here in Dallas, because thatโ€™s going to drive more people to come here, but not change the the way that they think. And, you know, when you look at the homelessness in Dallas versus Fort Worth, itโ€™s a lot, lot worse. You donโ€™t walk around downtown Dallas at night.

Sarah Zubiate Bennettย [00:13:48] Thatโ€™s right.

Rey Treviรฑoย [00:13:49] You know, I mean, granted, you know, you never want a lady to walk any downtown by herself. But I do think in Fort Worth. Hey, you know what? You can walk down the street, but Dallas. Very close. Yes. So, you know, what are you guys doing here? Also, you know, to, to continue to motivate these businesses to, to come to Dallas and maybe say, hey, by the way, the policies that yโ€™all were using arenโ€™t going to work. You know, thereโ€™s something there.

Sarah Zubiate Bennettย [00:14:12] Of course. Of course. So by way of being involved with initiatives like hero, the Hero Organization, they are proposing several different charter amendments for this upcoming election, which absolutely prioritizes crime. And by prioritizing a higher count at the police department, just 4000 police officers that will make measurable improvements. Yes. Within Dallas proper. But then also, you see people migrating out of Dallas a lot. I mean, thatโ€™s the trend. People are coming to Texas. Theyโ€™re not coming to Dallas proper. I mean, itโ€™s unless you are living in a in one of the communities that has a local police patrol and or in Highland Park, which is within Dallas itself, but has a totally different police force. And itโ€™s itโ€™s a very. Sad time at this point. However, other things that Iโ€™m doing and my husband is doing as well. I am very much giving a voice to people who are helping to spearhead initiatives at City Council. So by way of these charter amendments, yes. But then thereโ€™s also also additional methods like holding our elected city leaders accountable. Unfortunately, thereโ€™s not a lot of that. Iโ€™m hammering home fiscal transparency. That is an absolute must. As an example, our budget is totally and irresponsibly handled at the city level. I mean, we spend millions upon millions upon millions on Dart from our own taxpayer money, yet itโ€™s utilization is in the single percents. I mean, people donโ€™t use it. So there has to be changes to where weโ€™re spending our funds. And so Iโ€™m constantly interviewing people who speak to those types of policies that will actually help them be held accountable. They have to enroll with these certain organizations that promote fiscal transparency.

Rey Treviรฑoย [00:16:28] You know, I want to keep it with the community. And, you know, you are always doing things. And so within the community you are, you know, youโ€™re a mom first. And. Yes. And, and, so itโ€™s like, how do you find time to do all these things? Because, I mean, youโ€™ve had also make some, some tough decisions because, you know, so a business is like, you know, opening your company, closing a company, and then looking at the economy at the same time. How do you juggle all that?

Sarah Zubiate Bennettย [00:16:59] You know, my brain moves fast, sometimes too fast. And so I know really.

Kristy Kernsย [00:17:04] I get it.

Sarah Zubiate Bennettย [00:17:05] Iโ€™ve been diagnosed with insomnia, but itโ€™s itโ€™s getting better. Okay. Kind of taking it back to, letโ€™s say, at the end of 2022. So I went I, Iโ€™m, Iโ€™m very transparent about this. I went to treatment for 40 days for workaholism and trauma, a week after my father passed. But I have, since that point in time, had to make drastic improvements. I mean, my husband, he was like, youโ€™re youโ€™re going to die. Youโ€™re going to kill yourself. And so, I mean, I laugh about it, but itโ€™s people donโ€™t talk about that. Right? Thereโ€™s just this unfortunate pressure, I think, on most people. But I have to say this, particularly women, to say you can be an all star mom, you can be an all star CEO. You can, you can that that there are ways to do it. The path something but something will always give that you cannot be. You cannot get an A in parenting, an A at work, an A, and you know your faith with God, your marriage. You cannot get an A in all of those spaces if youโ€™re able to just choose two spaces, but you want to get an A, I think thatโ€™s the best way to go about it. But looking at kind of to your question, how do I look at the economy and then also make decisions like I had to with doobies? So thatโ€™s very interesting. That you ask that itโ€™s itโ€™s kind of a hobby of mine. Iโ€™m my background is in finance. Iโ€™ve worked in many investment advisory capacities. I was once a fixed income trader, over at fidelity. And so itโ€™s my passion. Surrounding the market is something that has never left me. Just yesterday I was there getting my hair done at seven, and I was rebalancing my portfolio, because I was like, everythingโ€™s changing. So as an example today, things that I was considering in my portfolio, right, looking at the high inflationary standpoint and I promise Iโ€™m going to tie this all to zero and how I decided to do it.

Rey Treviรฑoย [00:19:09] Because we may dive into more of this.

Sarah Zubiate Bennettย [00:19:11] Yeah. Yeah. So I was looking at particular figures that were standing out to me and something that came up during the, well, the presidential nominee debate, the old one, whenever Trump had had mentioned that word, our fallacious and the highest inflationary standpoint ever historically. And I was like, well, you know, yes, in the 1920s, there was Germany that nearly toppled. And then, you know, looking at least locally within the United States, thereโ€™s the 90s, thereโ€™s different times in which I believe it was higher. And I know that CPI, the consumer price index, has made many different changes to how they. Calculate inflation. But I actually went and did it myself and subsequently at the exact same time, monies team was doing this as well because I made that remark and I told my kids, I paused it and I said, itโ€™s very important that you pay attention to history, because I donโ€™t believe that this is the highest inflationary point in history. I think Trump is wrong. And Monty said, have you really delved into the specifics as to how it was changed in his calculation? And I said, well, I know that theyโ€™ve changed it, but Iโ€™m not entirely sure. So I, I kind of in my free time, as I was reading, I went back and I looked at how they used to calculate the they used to use a more arithmetic average. Now itโ€™s, itโ€™s entirely different the way theyโ€™re calculating it. Thereโ€™s subtraction methods that they used to use and in subtracting out. Now weโ€™re subtracting out different replacements for household goods. So I went back and calculated it. And the highest inflationary point was July or June I believe, of 2022 at 9.1%, holding everything accountable to how they used to do it. Itโ€™s now held constant today. Itโ€™s not what theyโ€™re claiming it is. Itโ€™s about 20 to 21%. And Monteโ€™s team. We had this conversation at dinner last night on August 1st. Heโ€™s like they said 2,020% for, you know, adjusted to an 8% inflationary rates. And I was like, well, I use 9.1% from 2022. And now Iโ€™m looking at about 21%. So weโ€™re weโ€™re neck and neck. So thereโ€™s extreme household pressure. That was not that. Everything is not held constant. So whenever youโ€™re hearing the Federal Open Market Committee, whenever, you know, Jerome Powell stands up there and says, oh, our our focus is not inflation. Itโ€™s actually unemployment rate at 4.1%. That is that is not accurate. People are not aware of how misleading everything is. So with Zubiโ€™s. Yeah.

Rey Treviรฑoย [00:22:05] Well if I can yeah. I just find it so interesting that you, you mentioned the numbers and how itโ€™s 22 if you go back and like you use the old numbers and you put it in the day, the old calculation side of the old calculations were at 22, not nine, because, you know, being in the only gas industry, weโ€™ve been also looking back at the 80s track, and my dad lived through it did real well, all that good stuff, but it wasnโ€™t easy. And you look back in 1980 and the average household income, they said, was $22,000, the average house was 45. And Iโ€™m but around that number. And today I think the average income is now 65, 66,000. But yet the average house price is 450 500,000. Right. And now I again, Iโ€™m not being exact on those numbers, but. 9% makes no sense. 22% makes so much more sense, because we do also know that the value of the dollar is less than $0.25 than what it was in 1980. Thatโ€™s right. So I cannot thank you enough for for this info. If youโ€™ve got any place that we can, share that Iโ€™d love to. Yeah. And, because thatโ€™s thatโ€™s so important. So Zubi was. And you started off or go back to it as a hobby, which I say.

Kristy Kernsย [00:23:27] Iโ€™m sure.

Rey Treviรฑoย [00:23:29] But letโ€™s talk about it. So getting back to that Zubi.

Sarah Zubiate Bennettย [00:23:33] Zubi so I started it whenever the kids were just born and Iโ€™d left finance. I worked up to the day that I gave birth to the twins. So this was in 2013, and it was before that that I had started dabbling in Zubiโ€™s, because Iโ€™d always made this family recipe myself. So at that point in 2000, I oh my gosh, my husband likes the profits. So I made this recipe and then I started selling it at the farmerโ€™s market whenever the twins were born. And I wanted something else to do. And because Iโ€™ve always just again, I was Iโ€™m built this way. I have to actively fight against doing too much. Itโ€™s just my DNA. My motherโ€™s like this. My brotherโ€™s like this. Itโ€™s just a itโ€™s genetic. So, with bees, I grew it, you know, we were in Costco. Whole foods, sprouts. I mean, just wonderful stores. But whenever Covid hit, what people are not aware of. And this is, again, where my passion for economics has really played a very, very valuable role, I believe, very profitable, making a great margin on each jar, moving into moving into Covid. People are not aware of the fact that even organic garlic is primarily supplied from China. The cost of that particular raw material went up. Six to some weeks 13 times the amount, and garlic is in all of my products. So yeah, during that time I started losing money on every jar. I never saw that normalized. It still has not normalized since Covid. People are seeing a 20% decrease in their purchasing power on their dollar alone. And I started Zubiโ€™s with a commitment to a particular philosophy. I wanted it to be products that were healthier than what all of my. What what my family made. So there were Latin products, plant based products. Because I do believe that introducing more vegetables into a particular diet is very important. Iโ€™m not plant based, but I always try and eat a lot of vegetables. And so with that I started this company. But I could not adhere to my mission. I because of these ingredients, the cost of the ingredients rising, I reached that tipping point in which I had to add preservatives to my products. So at that point I said, am I going to adhere to what I started this company to be something different, something that had no preservatives, that had good ingredients, organic ingredients that would help reduce inflammation in the body? Or am I going to sell out and add preservatives? Preservatives? Like all of my competition, I decided to shut it. And so at that point I had an interest in the recipes. Right. The proprietary, the proprietary rights to it. And so because I did not want to sell Zippyโ€™s itself and so entertained all that, wound up closing it out, making my investors whole and Monty for the longest time. But that came right along the time that I went for treatment, for workaholism, and for all of my trauma after my father passed.

Rey Treviรฑoย [00:26:47] How God just.

Sarah Zubiate Bennettย [00:26:48] Yes,

Sarah Zubiate Bennettย [00:26:51] Truly divine. Time there

Kristy Kernsย [00:26:53] divine.

Sarah Zubiate Bennettย [00:26:53] Yeah. And so Monty was like, come on, Sarah, youโ€™re already on the board for of Dallas Express. Youโ€™re so passionate about it. Economics is your forte. Fund raising, raising funds. So at that point, that philanthropic space really trended upwards. And because I understood at least where we were headed, economically. And then just even looking at oil and gas, right. Someone with a finance background, Iโ€™m able to say, okay. What is his name? Hania, right. Hania. The leader of Hamas who just killed. Yes, right on Iranian soil. Yes. Immediately. Iโ€™m like, okay, so this happened right around the time because, you know, the fed rate was held constant development went to 5%, 5.5%. But then there were there was kind of some lean into then potentially cutting the rates in mid September. But whatever this whole death on Iranian soil happened immediately. I was like, well, gold is going to continue to go up. And again, in my own opinion, I thought gold is going to continue to go up. We are probably going to look at extreme market instability, because whenever the Red sea, war took place, no, it took place at the end of last year and at the start of this year, we saw about 20% increase in oil. Yes. Price of oil. Right. So okay. Are we going to are there are we going to be looking at a interest rate cut in September. We donโ€™t know because if Iran. Really does start to trend upward, because Hamas has announced, right, that the military arm of Hamas has announced that that that was an egregious act of war. And so they are going to continue to escalate. Weโ€™re going to be looking at inflated oil prices because war is inflationary. I mean, trending I mean, war is inherently inflationary. So weโ€™re looking at just a lot. So back then with zombies, I was able to say, okay, hereโ€™s we are where we are economically. If now Iโ€™m having to abandon my mission and sole purpose for starting this, but also looking at it from a grand, grander economic space. What is the probability of my of my product flying off the shelf with this increase in pricing, when my products were already a premium price because they were organic? I knew that immediately. At that point, my products would not be able to move if I had to adjust the pricing upwards. Like I told you, the purchasing power of everyoneโ€™s money since Covid is about 20% less. So knowing all of that, I thought. The time is now. The time is now to begin those conversations of selling my intellectual property, of the recipes itself, and to move on to the next thing. And so now. Here I am with all of that.

Kristy Kernsย [00:29:49] Yeah. Yeah.

Sarah Zubiate Bennettย [00:29:52] And it came full circle. And now itโ€™s holding elected leaders and business leaders accountable to not let Dallas fall into the abyss.

Kristy Kernsย [00:30:04] Like, right now Iโ€™m just taking it all in. Yeah. I mean, the whole transition from selling your passion to now, I mean, obviously youโ€™re even more passionate about this. Yes. Itโ€™s very interesting how you trust the process. And Iโ€™m just Iโ€™m taking it in for my personal aspect as well. Like, you know, you want to hold on. My, my, my moment the other day was like, you want to hold on to something so tight that you strangle and you suffocate it. And once you let go, itโ€™s like the floodgates open up and like, God, just. I mean, itโ€™s been for me and my own personal experience. I let go something and I, I happened on like cloud nine since Iโ€™ve let go and it is just flow in and Iโ€™m like, thank you every single second, not even every day, every second. And so that was just powerful for me. And I appreciate you saying that because I was like tapped into my heart very, very much so

Sarah Zubiate Bennettย [00:30:56] Of Course Yeah. It had me on the floor bawling my eyes out. Itโ€™s not happening because it was truly transitioning from something that was pulling me away from my husband and my kids all the time. And then to your point, how do I do it all? One of the most painful things I had to go through was my divorce. So Bonnie and I are both remarried and. But because I share my kids with my ex-husband, Louis, who I know youโ€™re going to be interviewing, weโ€™re all weโ€™re we have a great relationship, which Iโ€™m very grateful for. But the times whenever the kiddos arenโ€™t with me are when I can really throw myself into having all of my passions, my interests. And then, of course, my husband and I challenge each other constantly. Because weโ€™re both people who enjoy reading extensively and economics and fiscal policy and all the things political.

Rey Treviรฑoย [00:31:56] Let me ask you this. How do yโ€™all. Because yโ€™all are I would say, what do you think of power.

Kristy Kernsย [00:32:01] Power,.

Rey Treviรฑoย [00:32:02] Power.

Sarah Zubiate Bennettย [00:32:02] Oh.

Rey Treviรฑoย [00:32:03] So how do you youโ€™ll try to like, you know, give me an example of this power, challenging.

Kristy Kernsย [00:32:08] The dynamic of you.

Sarah Zubiate Bennettย [00:32:11] Do you really want to go in it?

Rey Treviรฑoย [00:32:12] No, no no, this is the Crude Truth.

Sarah Zubiate Bennettย [00:32:19] ย like we are going win.

Rey Treviรฑoย [00:32:21] Wait, maybe I do get a good read.

Sarah Zubiate Bennettย [00:32:23] No no, no, I mean.

Rey Treviรฑoย [00:32:25] You were talking about books. And so I was like, here we go. Challenge each other. Thatโ€™s that.

Sarah Zubiate Bennettย [00:32:29] Yeah.

Rey Treviรฑoย [00:32:30] Keep it highly.

Sarah Zubiate Bennettย [00:32:31] So. Sure. Okay. Youโ€™re I, Iโ€™m. Iโ€™m not someone Iโ€™m. An open book. Iโ€™m very easy. And you know, money and I both say how we are the most. Difficult person that the other has been with ever. And but I think itโ€™s a good thing because we have now evolved to this space, in our relationship where at first it was tough because we had two extremely opinionated, stubborn persons of, you know, in this marriage. And now because weโ€™ve both. Really. Shifted to placing God first in our lives after that. Whole. Crash, interpersonally, for myself and even for money at the end of 2022, it was an entire pivot and how we approach life together. And it was, okay, thatโ€™s this is a wake up call. And so now, by placing God first in our marriage, truly in our lives, praying every day, it is something that has just tempered a lot of the old wounds, has healed a lot of our old wounds, thank God, and has allowed us to just have a much more calm relationship. But on the intellectual front, he and I are aligned a lot, a lot deal work together. Thatโ€™s right, thatโ€™s right. We work together extensively. And thatโ€™s what he was really excited about. Whenever I shut SUVโ€™s, he was like, come on, come do. This with me. Do this with me. And it was the how? Yeah. How am I going to do this? How are we going to do this? Because itโ€™s you have to really enjoy the person that youโ€™re working with. And thank God we both really enjoy each other. But even, you know, even in small things, he doesnโ€™t even know this about me. At least some of my investment philosophies, plus philosophies that I implemented yesterday. But I thought to myself, I will never right now, I will not hold U.S. Treasury bonds. I will not, because of the dollar eroding many things. I can go into that later. But Monty, I know is absolutely fine being long and being bullish on. T-bills and Treasury bonds, which I just am not. So we we have very healthy dialog to yeah, keep us excited, balanced, passionate all the things and we both have high mutual respect for the other.

Rey Treviรฑoย [00:35:21] Wow.

Sarah Zubiate Bennettย [00:35:22] Yeah.

Sarah Zubiate Bennettย [00:35:24] Looking at her, Iโ€™m like, I.

Rey Treviรฑoย [00:35:26] See sheโ€™s.

Kristy Kernsย [00:35:27] Like somewhere else. Yeah, but yeah, the respect obviously God first. You know, respect is huge. I mean, you have a successful marriage. You work together on understanding that you both are both powerful. Heโ€™s obviously the masculine, the leader. In a sense. You trusted him to lead you. Heโ€™s leading you guys, and itโ€™s just, like, prospering. Yes. Thatโ€™s right. So very interesting. Thatโ€™s right.

Rey Treviรฑoย [00:35:47] Yeah. I cannot thank you enough. And I love how you literally lead with God. Is God first? Oh God, then God in your hands. Then we have to.

Kristy Kernsย [00:35:56] We all know that.

Rey Treviรฑoย [00:35:57] And thank you. Yeah. I mean Thatโ€™s awesome. I mean, thank you. Yeah, yeah, thatโ€™s what I was. Maybe that will not that. But yeah, I was not looking to go into another podcast. So

Kristy Kernsย [00:36:09] I think weโ€™re gonna have to now.

Rey Treviรฑoย [00:36:11] But you know, I will say this, Iโ€™m will, I would like to get you back on the dive into economics a little bit more because, you know, as as you as we all know, we got an election coming up. Yeah. And and weโ€™re gearing up, you know, in the oil and gas industry, you know, with, with the, attack that, Israel did, what is going to happen? National oil has gone up, you know, 3 or $4 since yesterday. So we continue to watch it and, and, everything that is going on in the Red sea for the last year has been just very, very much, you know, on eggshells or pins and needles. Thatโ€™s what I call it. So we continue to wait for the ball to drop. But Iโ€™m just thankful that in the only gas industry, we only continue to produce so much oil to combat the high price of war, that we would normally see. Because when Russia invaded Ukraine, we should have seen a 5 or $10 increase. Thatโ€™s right. And when the horrific attacks on Israel happened almost a year ago now, and we still havenโ€™t got all those anyway, that, price should have gone up even again. But because weโ€™re producing so much and weโ€™re competing head to head with OPEC right now, thank God for the oil and gas industry to keep our economy. Thatโ€™s where it is. And my.

Sarah Zubiate Bennettย [00:37:24] Thatโ€™s right.

Rey Treviรฑoย [00:37:25] But I want to have you come back on to dive more into economics.

Sarah Zubiate Bennettย [00:37:28] Oh Iโ€™m happy to I can just go on for hours and days.

Kristy Kernsย [00:37:34] ย I love it.

Sarah Zubiate Bennettย [00:37:35] I could go on for a long time. But sure, Iโ€™m happy to.

Rey Treviรฑoย [00:37:39] Yeah, but you know. But today, you know, as we wrap up our how can people get Ahold of you or your, nonprofit organizations? Where can they find you guys?

Sarah Zubiate Bennettย [00:37:49] So. LinkedIn.

Rey Treviรฑoย [00:37:53] Okay. Okay.

Sarah Zubiate Bennettย [00:37:54] I know youโ€™re. Thinking Iโ€™m like my assistant, but but no, as far as far as organizations. Organizations and thought a lot.

Kristy Kernsย [00:38:03] Weโ€™ll take that on.ย  I even heard

Sarah Zubiate Bennettย [00:38:09] You know, here and seriously Sarah.No, Sheโ€™s. Sheโ€™s she runs a mile a minute like I do, which is Iโ€™m so grateful for her. I couldnโ€™t, I couldnโ€™t do my. Thatโ€™s a thatโ€™s one thing I have to say. You cannot do a busy life unless you have. Excellent. An excellent team. And I have excellent teams.

Rey Treviรฑoย [00:38:32] Yes

Sarah Zubiate Bennettย [00:38:33] personally and yet all these organizations are truly terrific.

Rey Treviรฑoย [00:38:41] Well itโ€™s there I cannot thank you enough for for doing this and. Oh, yeah. Awesome. And, I, Iโ€™m excited for everything going on with Dallas Express because yโ€™all also, yโ€™all give freedom on that show to talk, just like, you know, and thereโ€™s becoming a few more platforms like that that are just allowing people to to talk. Yep. And not censoring people. And itโ€™s not even the censor of saying the F word or that itโ€™s like just, you know, we gotta stop just shutting people off.

Kristy Kernsย [00:39:10] Freedom of speech. Thatโ€™s what weโ€™re thatโ€™s is what we are known for. Donโ€™t take that away thing. Yeah, but yeah,

Sarah Zubiate Bennettย [00:39:18] but we. Just have to continue to fight. Against

Kristy Kernsย [00:39:19] ย fight, fight, fight.

Sarah Zubiate Bennettย [00:39:20] Yeah. Exactly. Right.

Kristy Kernsย [00:39:22] Exactly.

Sarah Zubiate Bennettย [00:39:22] But thank you for having me here. Iโ€™ve loved it.

Kristy Kernsย [00:39:25] It was awesome.

Sarah Zubiate Bennettย [00:39:26] Love to come back and delve into all, economics.

Rey Treviรฑoย [00:39:29] Yeah,.

Sarah Zubiate Bennettย [00:39:29] You tell me when.

Rey Treviรฑoย [00:39:31] Weโ€™ll have to get it going. The forecast for 2025.

Sarah Zubiate Bennettย [00:39:33] Thank you

Rey Treviรฑoย [00:39:35] Yes. Oh yes. And real quick thank you. So in a fun route real quick. Weโ€™ve been trying to do this a little bit more often. I want to ask you to a couple of rapid fire questions okay. What book are you reading right now?

Sarah Zubiate Bennettย [00:39:45] Iโ€™m reading two and both are about kids scattered. But, I mean, yeah, smart but scattered, you know, just different things relating to kids and but all all relating to mental health, development of ADHD, brains, things of that sort. So.

Rey Treviรฑoย [00:40:05] Wow,.

Kristy Kernsย [00:40:06] I love that. Thatโ€™s my passion.

Rey Treviรฑoย [00:40:07] Yeah, yeah. And then, are you streaming any shows right now? Just out of curiosity.

Sarah Zubiate Bennettย [00:40:13] I have money, you know? Heโ€™ll just kind of sit there and pick up every so often. Iโ€™ve gotten into very late that Bridgerton.

Kristy Kernsย [00:40:21] Iโ€™ve watched all that. Iโ€™m obsessed. And okay, Iโ€™ll rewatch it.

Sarah Zubiate Bennettย [00:40:26] still cute. And, you know, body will just sit there and heโ€™s like, Sarah, what are they doing at this part? This part. But itโ€™s just because itโ€™s.

Kristy Kernsย [00:40:33] I donโ€™t want to cry.

Sarah Zubiate Bennettย [00:40:34] Itโ€™s not. Yeah. Itโ€™s not something that you would turn on. I donโ€™t think itโ€™s something we would turn on.

Kristy Kernsย [00:40:39] I love to lived in that era.ย  Yeah,.

Sarah Zubiate Bennettย [00:40:44] I think so. Love and do is the characters I love it, I do really. Oh yeah. I think oh that. Yes or yes? Yes.

Kristy Kernsย [00:40:55] Yes. Okay. Go ahead. Sorry.

Rey Treviรฑoย [00:41:02] Do you have a favorite sports team.

Sarah Zubiate Bennettย [00:41:04] ย I got to go with the Cowboys. I am a die hard because my dad was a diehard Cowboys fan. I am just oh, in the Cowboys. My son would not agree with me on that. But I love the Cowboys and the Rangers.

Rey Treviรฑoย [00:41:18] They can go. And the last one was one of your favorite restaurants in town

Sarah Zubiate Bennettย [00:41:21] What my favorite restaurants in town. God, thereโ€™s so many good ones, arenโ€™t there? It. This is. This is a strange one. Itโ€™s one thatโ€™s going to be coming out this Sunday. But have you heard of the gem? The gem. Okay, I live off of the gem. Itโ€™s like I said, watch the show this Sunday on the fun segment, okay? And yeah, itโ€™s them because I love their commitment to healthier food options. And for someone like me whoโ€™s constantly on the go, they use I always want to say favor. Is it favor? Itโ€™s not. But anyways, I have just a million purchases online because they get it delivered to your house, right? Just itโ€™s not UberEats.

Rey Treviรฑoย [00:42:05] Okay.

Sarah Zubiate Bennettย [00:42:07] Why am I spacing on who they use? But anyway, itโ€™s the gen or now. Yeah. Because they give. Yeah. Yeah. They help me make sure that Iโ€™m eating healthily.

Rey Treviรฑoย [00:42:16] Healthily. I love it.

Kristy Kernsย [00:42:18] Okay. Yeah. Okay. I like that.

Rey Treviรฑoย [00:42:21] Well,.

Sarah Zubiate Bennettย [00:42:22] Thatโ€™s all I got.

Rey Treviรฑoย [00:42:23] Well, I cannot thank you enough again for helping them.

Sarah Zubiate Bennettย [00:42:26] Thank you

Rey Treviรฑoย [00:42:27] we hope to see you again soon. And good luck with everything you got going on.

Sarah Zubiate Bennettย [00:42:30] Thank you. Appreciate it. Yeah.

Rey Treviรฑoย [00:42:32] ย itโ€™s all our listeners and viewers out there. Thank you all as always. And weโ€™ll see you again on another episode of The Crude Truth.

Narratorย [00:42:38] Again, the Crude Truth would like to thank todayโ€™s sponsors LFS chemistry, Nape Expo, Air Compressor Solutions, Sandstone Group, Exec Crue, Texas Star Alliance, Pecos Country Operating, and Real News Communication Network.

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