A Fox Business anchor broke down in tears live on the air as he recounted a family experience while he was growing up. Charles Payne recalled how his family took a major financial risk when they bought a farm in Alabama in 1951.
uring Payne’s Thursday town hall, titled “Maintaining Unstoppable Prosperity,” the host encouraged viewers not to fear taking financial risks when investing in the market. To drive his message home, Payne shared a personal story about his grandparents, reading the deed and describing the sacrifices they made to acquire the 60 acres of land they purchased in the early 1950s.
Payne told the audience that a family member finally found the deed to his grandparents’ farm, adding that they were “a black family that saved up everything.”
“I got to share some of this with you because it is so powerful for anyone out there that thinks buying Amazon is a great risk. They gave everything they have for the property,” Payne said before reading the deed.
“It says, ‘we do hereby grant bargain and sell and convey unto the to the seller to describe the personal property and crops which are owned by us freely. One red horse mule named Red. One gray horse mule named Jack. One two-horse wagon, one hay mover, one hay press, nine head of mixed cattle, a cell hog, some wagons, mowers, presses,” the host added, as his voice began to shake.
“My grandparents gave everything. Everything they had. They worked their a** off for years, and they gave it all for 60 acres to have their own. That’s a risk, folks. That’s a risk. I’m so grateful,” he said.
In February, Payne got into a heated on-air exchange with now-former Fox News contributor Geraldo Rivera after the latter made a goofy statement and then an outright false claim during a segment on “Hannity” over President Joe Biden’s trip to Ukraine.
Hannity argued that the president was not doing enough to assist Ukraine after he nixed a deal to send Polish fighter jets to the war-torn nation this year.
“If we’re going to give $120 billion to Ukraine and then Joe Biden has now not once, but a number of times, he has vetoed other European countries from giving fighter jets so that they can compete with Putin in the air,” the host said. “And there’s no reason to do that except, he’s not fighting to win the war.”