PBD Podcast - Brazil Bans X, Steel Worker CALLS OUT Justin Trudeau, Pelosi Pushes Amnesty For Illegals | PBD Podcast | Ep. 465

Episode Date: September 3, 2024

Patrick Bet-David, Adam Sosnick, Tom Ellsworth, and Vincent Oshana cover Elon Musk's battle with Brazilian Judge Alexandre de Moraes following Brazil's X ban, Kamala Harris' CATASTROPHIC c...apital gains tax proposal, Justin Trudeau getting embarrassed by a Canadian steel worker, and Benjamin Netanyahu responds after 6 hostages are killed by Hamas. 🎟️ TRUMP VS HARRIS DEBATE WATCH PARTY: https://bit.ly/3X3sPOs 👕 VT "2024 ELECTION COLLECTION":⁠ https://bit.ly/3T98czn⁠ 📕 PRE-ORDER PBD'S BOOK "THE ACADEMY": https://amzn.to/4e2zXBT 🇺🇸 VT "TEAM USA" GEAR: ⁠⁠⁠⁠⁠⁠⁠bit.ly/4cwKbJp⁠⁠⁠⁠⁠⁠⁠ 🎟️ MINNECT LEAGUE CHAMPIONSHIPS: ⁠⁠⁠⁠⁠⁠bit.ly/4aMAar8⁠⁠⁠⁠⁠⁠ 🏦 THE VAULT 2024: ⁠⁠⁠⁠⁠⁠⁠bit.ly/3WQYZN7⁠⁠⁠⁠⁠⁠ 🎙️ FOLLOW THE PODCAST: ⁠⁠https://bit.ly/3sFAW4N⁠⁠ 📱 MINNECT: ⁠⁠⁠⁠⁠⁠bit.ly/3T0AX15⁠⁠⁠⁠⁠⁠ 📕 CHOOSE YOUR ENEMIES WISELY: ⁠⁠⁠⁠⁠⁠bit.ly/3ST1rS8⁠⁠⁠⁠⁠⁠ 👔 BET-DAVID CONSULTING: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠bit.ly/3X8s7kq⁠⁠⁠⁠⁠⁠ 📰 VT.COM: ⁠⁠⁠⁠⁠⁠bit.ly/4duVS4u⁠⁠⁠⁠⁠⁠ 🎓 VALUETAINMENT UNIVERSITY: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠bit.ly/4dpzyJE⁠⁠⁠⁠⁠⁠ 💬 TEXT US: Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! ABOUT US: Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida. --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

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Starting point is 00:00:30 Add your teen to your Uber account today. Okay, all right. So guys, we are early four minutes again. Jose Jose, you said PBD is not Syrian. He's Mexican. He's always late. I'm not even Syrian. I'm Assyrian. Assyrian, Armenian.
Starting point is 00:01:14 Assyrians had a big convention this last Thursday. They had a lineup of girls for Vinny to be there, his potential future wife. Gorgeous. Vinny comes back telling me he's never seen this many beautiful Assyrians in one room before. And by the way, to all the Assyrians, I'm not going to drop the names because I'm just going to, you know, process of elimination until we have one. We love you.
Starting point is 00:01:36 I wish I was there with you. I had a good meeting right before that. One of the lady entrepreneurs came to the house. We had a great conversation together. Vinny, you were telling me a lot of these Assyrians, they wanna send something to put on the set. Send it here, find out our address, Manect Vinny. This is Vinny's Manect.
Starting point is 00:01:51 He'll give you the address, ship it something here to us. We'll put something on the set here. But can a father do a quick, can I brag about Dylan? Please. Chad, I don't usually use this platform, but yesterday Dylan and I, he's got a big game today.
Starting point is 00:02:06 Watch what Dylan does here. Go ahead and play this clip, Rob. This is Dilly Boy. No way. Okay, buddy. Oh snap. In the rain. 10 years old?
Starting point is 00:02:19 How old is he? 10 years old. And applied. This kid is no joke. He's the Assyrian. Yeah. Bo Jackson. He's got the number seven. He's all years old. And the fly. This kid is no joke. He's the Assyrian. Yeah. Bo Jackson. He's got the number seven.
Starting point is 00:02:27 He's all, you know, excited about it. Anyways, Dilly Boy, excited to see what you do with this. He's stayed disciplined during summer. He trained every day. Like when I'm saying train, he trained every day, sweating for a couple hours. And we'll see how he's going to do this season. Coach, we went and picked up the jerseys. Coach told him, said, hey, Dilly, you know why you got number seven, right? Then I was
Starting point is 00:02:48 like, yeah, I know. Says, you better score a lot of goals because you're the striker. He says, no, no, I know, I know. I'm gonna do my part. So anyways, we got a lot of stories to go through. For some of you guys that are wondering, the wife search for Vinny is still on. By the way, it doesn't mean Vinny is officially taken. He's still not off the market. He is still out there available. If you go to, I think it's Tinder slash Vincent Oshana. No, he's off of it.
Starting point is 00:03:13 He's no longer on Tinder. It's different than the Syrian website. Well, it's election year. Maybe we should have a convention to get you a running mate. I just want to tell the ladies out there, listen, you're going to like the way this guy looks on you. Money back guarantee. John Cena approached uncomfortable conversation with his wife about not wanting kids.
Starting point is 00:03:31 His answer, you have to watch this, I think it was on the Shea Shea podcast, Trudeau called out by Steelworker who refuses to shake his hand during blunt folks, you have to see this. California auto insurance costs are set to rise. Again people will say, Pat, you always take shots at California. I want to tell you what's going on with your state and then how much it's increasing in other states. I think you need to know that California rates are going to go up 54% by the end of the year compared to last year. Not 54% up in four years, not two years, in one year it's going up. Billionaire Mark Cuban decides to send a poll to parents asking if Trump or Kamala is a
Starting point is 00:04:08 better role model for their kids, and he is shell-shocked by the results. Why Kamala Harris' approach to capital gains is generating so much controversy? We'll talk about that. X goes offline in Brazil after Elon Musk's refusal to comply with local news. Aurora police reacts to alleged Venezuelan gang presence at apartments have not taken over. We'll show you the clip. I'm sure you've seen it.
Starting point is 00:04:31 We have some thoughts here. Has not made any effort, says Tulsi Gabber calling out Kamala Harris for skipping Arlington. Says Trump team was approved to cover. And there's a bunch of controversy they're saying about that. And then we have Trump says abortion should be legal for more than six weeks. Cotton says he's open to Trump's IVS proposal. And Graham says he wouldn't support insurance companies mandating for IVF. We'll process that.
Starting point is 00:04:58 Harris doesn't get the convention balanced, but widens gap with women. Israeli set to strike as around 500,000 protesters after hostages found murdered in cold blood. U.S. citizens Hirsch, Goldberg, Poland among six hostages found dead in Gaza. Bill Ackman says ex-ban will make Brazil an uninvestable market. Ford walks back, woke DEI policies, growing list of companies that are stepping away from DEI. Nancy Pelosi list of companies that are stepping away from DEI. Nancy Pelosi said the craziest thing, you have to almost respect for her to be that direct with you when she said that, but you have to hear what she said to Bill Maher.
Starting point is 00:05:34 This state decides to launch a home loan program up to $150,000, based solely, ready, on race. And we'll tell you which races are part of this, whether you can qualify for this or not to move there. And last but not least, Turkey bids to join BRICS and push to build alliances beyond West. Anyways, those are some of the stories we're going to be covering. One thing to know, the debate is officially happening. Next is a Tuesday night wrap. So we're doing, right after the vault conference, I'm going to be at the vault conference this
Starting point is 00:06:03 weekend at Palm Beach Convention Center. A bunch of people will be there. Thousands of people are coming from around the world. Cannot wait to see all of you guys. However, next Tuesday night we will do a live Trump-Harris debate reaction with a live audience. But just like last time, we don't sell the full room because our employees like to come. We're only selling the first 50 tickets that buy. We will still do the VIP. We'll still go afterwards, have the cigar, the conversations.
Starting point is 00:06:28 We're going to do that part. That's the QR code. Go get registered. The first 50 that buy tickets will be invited to be with us next Tuesday. Rob, what time is it going to be, 6 to 11 type of situation that we're doing? Yes, 7 PM to 11 PM. 7 PM to 11 PM. And of course, we'll do the cigars right after the debate's over with.
Starting point is 00:06:46 And there's a lot of craziness going on here, but especially with everything going on right now, if you're following this, this will be the first debate they're having. Come join us. We'll have a good time together, as well as potentially for the VIPs, we'll do cigars and conversations afterwards. All right, let's get right into it. John Cena. I want to go to John first.
Starting point is 00:07:05 How John Cena approached uncomfortable conversation with his wife about not wanting kids. And by the way, this is with Shannon Sharp, Shannon Sharp's podcast, Che Che. I think it's called Club Che Che. Here's how the conversation starts and I'm gonna kind of process this with everybody on the panel.
Starting point is 00:07:20 Go ahead, Rob. You didn't want kids. Where are you on kids now? I don't want them. You don't? No, I. Where are you on kids now? I don't want them. You don't? No, I'm still there. I'm 47. I don't have them. You don't want a little Johnny? So, so.
Starting point is 00:07:33 Or Joanna? That's, that's great. And that's usually what, what everyone says. And I got to tell you, it's, it's, it's not the easiest out there because, you know, a lot of why we're here is to reproduce. I have a certain curiosity about life, and I also know the investment that it takes. And my biggest fear is, as someone who's driven, many times stubborn and selfish, I try to
Starting point is 00:08:02 approach the world with kindness and curiosity, but I don't think I'm personally ready, nor will I ever be, to invest the time it needs to be a great parent because I want to live life for all it is. And I still have a lot to do, and I still want to do a lot. I have a wonderful partner I do it with. We've had open conversations about this. We share the same values.
Starting point is 00:08:28 It's a tough subject to talk about because it immediately puts you in a category and we can't help but judge. People are human nature, we're all judgmental. I'd like to believe that I operate under the construct that everyone's okay living their life. And I can tell you this is not like a knee-jerk reaction I thought long and hard about this. It is my youngest. By the way, Tom your thoughts listen to what he's saying about
Starting point is 00:08:55 He's saying I'm The great thing about competitive people were stubborn and selfish, right? He says you have to make a great investment What are your thoughts about what he's saying here? Well and selfish, right? He says you have to make a great investment. What are your thoughts about what he's saying here? Well, number one, he is facing the reality of age for him and his wife. Having a child there and them being 65 when they're graduating high school, there's a window there that I think is reality that he touched on. But I also think he touched on something that I think is prevalent in society
Starting point is 00:09:25 about, hey, I'm stubborn, I'm competitive, I'm a little selfish. And I think that's where I disagree with people. You know, I think one of the greatest things that being a parent does for you is that if you really want to be great, it will make you less selfish because you have to spread your time if you want to be successful. If you have a simple goal, I don't want to have a child no one else wants to be around, I want the child to be a great citizen and have a great stepping off point for life. Whether I'm a plumber and I want my son to take over the business or my child's gonna want to study STEM which is worth investing in in college or whatever that is,
Starting point is 00:10:06 that is good. But you have to understand that you can't be selfish. You have to spread yourself around. And you know, that's not easy. But for people to say, this has passed me by, I would challenge John and say, well, what about the Special Olympics? What about being a big brother, big sister in your community? All you have to do is you can apply.
Starting point is 00:10:27 You can fill out a form. They do a little background check on you so that bad people are not being part of the big brother, big sister program. You can do that. You can do what Adam does. One of the things that I absolutely admire about Adam is when he talks about his nephew and that.
Starting point is 00:10:42 So you can invest that way. And I think America needs a community of strong parents and people willing to be parents when the time is right and the age is right and not be selfish at that point. But you can pour yourself into helping these United States as big brother, big sister and all these other things. Rob, what do you think about it, Rob? How do you feel about it as a parent yourself? I know I'm going to your next kind of weird,
Starting point is 00:11:08 but how do you feel about it? It's the greatest job that I've ever had is being a parent, so unfortunately I don't think you realize that until you're in it, and some people are gonna miss out, especially guys like John Cena. When you see the work that John Cena has done for the Make-A-Wish Foundation, the guy's been very giving, especially to the audience. So you see what a loving person
Starting point is 00:11:27 He is and it feels like children are gonna miss out on not having that type of role model as a father that being said It's not for everybody. Not everybody makes good parents Adam Vinny, uh, I mean The moment he started talking and he said 47 it jumped in my head because I'm 46 and I have the complete opposite attitude I and again my brain tried to go to judge, but he even said it's like, listen, I'm not going to judge him to each his own in his life. I'm just curious when it comes to the selfishness aspect, it's like, you have a lot of money.
Starting point is 00:11:56 You can have a lot of help. It's not like he's going to have the baby BBB and hold it and burp it and people with that type of money. You can have help you can have a nanny you could have two nannies it's not going to break his bank but I'm just curious Pat what his upbringing was with his family and what his father and his mother I don't know I don't know the relationship I don't know the dynamic and I'm curious to know if he's a Christian as well because he did say you know we're told that we're supposed to you know multiply and
Starting point is 00:12:22 you know and spread you know children. So I'm curious to see that. But I mean, I respect the decision. I don't agree with it. Mind you, like I said, I'm 46, Pat, and like just even like we said about the Caesarian Convention, I was looking around and like I was seeing people with families, and the joy that I was getting just looking at a kid right now, and you know how I am, Tom, you guys all know how I am with kids They are they're like a gift from God and when I see how parents look at them Even when it's a hard struggle even when it's difficult now. I'm at the point power. I'm like I want that I want that and I want it sooner than later. You're also a young 46 Thanks, and and you're driven and you're making a determination that I'm going to do it and I'm gonna make it work
Starting point is 00:13:04 You're lobbying for that 28 year old, I like what you did. That was a good play right there. Thanks Tom. This is sort of a question of our time, whether it's a men in this case or women, in human history, the whole conversation of should I have kids or not have kids, it hasn't been this much out there. It's now becoming the question of our age. I mean, how many countries do we see declining birth rates, including the United States? So we can look all over the world, but I tend to always say, all right, how does this affect America? And I'm going through this as we speak. So is Vinny. It's the whole conversation that we have, which I really enjoy because it helps growth and it really makes me think the number one question,
Starting point is 00:13:46 who do you want to be? And you know, the question that I'm grappling with is, am I more selfish? Am I more selfless? Where does it take? Where do I need to be? Where am I in this map? These are questions that you have to ask as a person. And I've gotten very clear that 1 million percent want to have kids without a doubt. But you don't want to raise them. You just want to have them. Well, I want to do the John Cena thing, make a ton of money, and then just, you know, maybe I'll have Vinny Chess feed them. You never know.
Starting point is 00:14:10 Yeah. But what I will say about John Cena is he seems to be pretty comfortable with his decision. Do your thing, bro. I've seen Bill Maher be very comfortable with his decision. He seems to be living a very enjoyable yet selfish life. I think they're different. I do think those two are different. I think Bill is comfortably selfish and he doesn't give a shit what you think about it. I don't know if John Cena is
Starting point is 00:14:40 a, you know, he likes entertaining, he likes, you know, being around people, he likes contributing, giving back, he gives that vibe that he likes doing it. But there's a couple things you've got to be thinking about this. So you know when he's like, I'm super competitive, and as a highly competitive person, you're what? What are the two words he said? Stubborn and selfish, right? Okay, so in other words, what he's saying to me is, he's saying, I don't think you
Starting point is 00:15:05 can have it all. That's all I hear on what he's saying there. I don't think you can have it all. Trump won in politics, won in business, won on TV, and has how many kids? Five kids. And their kids are good kids. You don't see a lot of drama with their kids. His kids are doing good things. Michael Jordan was the greatest of all time and he still had kids.
Starting point is 00:15:28 You can go to Musk who runs God knows how many businesses. You can go to the Walton family. You can go to some of these guys that are the greatest at what they do. So there is a limiting belief about the fact that if you have kids, you're going to have to lose other areas in your life. I don't know how much truth there is behind that. Of course there's a part of it you're going to have to do, but if you go Google the following Rob, John Cena's relationship with his father, right?
Starting point is 00:15:56 Vinny said this, John Cena's relationship with his father. With father, just take his out. John Cena's relationship with father, right there, zoom in. John Cena rarely addresses it, but he shares a fractured relationship with his father. A 16-time has not been able to make up for the fact that his dad didn't believe in him, so he quit his job to indulge in bodybuilding in 1998 and get into professional wrestling. I mean, look, when you have an example like that and there's the fear and the pain, you don't want to go through it.
Starting point is 00:16:27 But I can tell you, go back to the numbers you showed Rob, the one that Adam was asking you, there you go. Look at this here. Rob, Tom, look at this. In 1963, the global fertility rate was 5.3. In 1992, it was 3. In 2021, it's 2.3. And you can see where is 1 to 1.9.
Starting point is 00:16:46 Look at US. We're at 1.6 right now. Okay. Blue means you're having babies, red or pink, meaning Africa's on fire, Middle East on fire. Even some part of Central America, South America on fire. But when you look at the, zoom in to see what the super red is, I know Japan is 0.7. So if you zoom in, what is that? Is that, that's not Cuba. What island is it? It should be Korea and Singapore. Right. I think, can you go on a red and see what the red is? Or
Starting point is 00:17:14 it doesn't let you do it? No, it doesn't let you do it. It won't let me do that. Yeah. Japan is at 0.7% and they have a sexless society. But yeah, the idea is, sexless society. But yeah, the idea is, are we having fewer kids, Tom, because we're becoming more selfish? Are we having fewer kids because people are living more for themselves? Are we having fewer kids because it's harder? Are we having fewer kids because it's harder? Are we having fewer kids because there's this big LGBTQ movement going on? Why are we having fewer kids than we did just 50, 60 years ago?
Starting point is 00:17:45 Well, first of all, I look at that map there, and you could probably overlay the same map of what part of the world doesn't have cable. That's a good point. Take a look. There it is. Or Netflix. Africa doesn't have cable or Netflix. They're doing it themselves. There are three things that I see going on. Two big ones and then a basket of little things.
Starting point is 00:18:09 The big one is I think people are living for themselves and they want to do all these things and children are a time issue and a responsibility issue. The next one is expense. They're very, they're expensive and people know they're expensive and they think about about their parents making ends meet. And then they think about what they're going to do and more expensive. Those are the two big ones. And then there's a basket of smaller ones that tough people don't buy into. Oh, do you think it would be hard to have kids today? Would you and Kim think twice about kids because of what's happened to schools? No. We would be figuring out ways around it exactly the way we did. I'm not worried about
Starting point is 00:18:50 LGBTQ and invading the school and making that life part of it hard for me. No, sorry. What about with modern day social media and everything? That makes it difficult. No, that's my responsibility as a parent. But people living for themselves, yes, and people looking at the responsibility and the expense, yes, those are having direct impacts. I used to say- Now China had a one child, you know, federal program. Right, I used to give a presentation 20 years ago in 2004.
Starting point is 00:19:21 It showed that the average kid you raise from zero to 18 costs you $245,000. Right now it's $375,000. It's $375,000 to raise a kid. So if you have three kids, you need a million dollars for 18 years. So a million dollars divided by 18 years is what? 30, 40, 60. You need roughly $55,000 a year to have three kids for 18 years.
Starting point is 00:19:43 That's really what the cost is. And when you put it- that, Pat, $375,000, that's why when a kid goes, shut up, dad, you're like, I will slap the... That's like your Ferrari telling you to go to hell. It's $20,000 a year per kid. This is after-tax money. So imagine you have to add another 0.25% you know, $20,000, you're talking about $26,000, $27,000 of your pre-tax.
Starting point is 00:20:13 So if you have three kids, you need $80,000 just for your kids if you have three kids. So it is expensive to have kids, but that's not John's problem. That's the average person's problem to have. Yeah, and this kind of goes... Go ahead, I'm going to go to the next story. I was going to add just one thing. So Tom touched on it, so the reasons for this, and I kind of boiled it down, for sure the money is a major factor.
Starting point is 00:20:34 Thank you for breaking that down, and then follow the money. Ultimately, it's the woman's decision whether she wants to actually have a kid or not, you know, so in John Cena's situation His wife is a 35 year old female engineer. She's born in Iran. She's an engineer She was in the movie. So she's gonna have a decision in this so it for me it boils down to What do you mean she's gonna have a decision in this? If she wants to have kids he's probably gonna have to take that into consideration. She obviously doesn't. No, no, no. He said, he said, trust me, this guy's an alpha. He's not doing this because of her. This is his decision.
Starting point is 00:21:13 Oh, for sure. Are you kidding me? Like, this is John Cena. He knows who he is. Don't get me wrong. Good for him, good for his wife. I'm sure they got a great relationship together. You know, being a Persian girl, you know, he's gotta make a lot of money to take care of a Persian girl. It's typically three, four times the amount of income you need to make of an average person you date. But maybe that's why he's worried. That's just makeup.
Starting point is 00:21:32 But that is his decision. And he said, he said, not now, not in the future. He didn't even leave it out that maybe one day I'll change my mind. That's not her. That's him. It's a weird situation. I have one friend, I'll go super quick, I have one friend who's in his mid. Nope. That's not her. That's him. It's a weird situation. I have one friend, I'll go super quick, I have one friend who's in his mid 40s that got the snip.
Starting point is 00:21:49 I'm like, what do you mean? Like if you've, he's never doesn't have kids. He's like, I've made the decision that I don't like the direction the world is going. So I'm not even trying to do this. It's like, okay, that's a pretty aggressive decision. But a lot of people chase their career and the rise of modern feminism. We've had this discussion before. So women have to basically make the decision.
Starting point is 00:22:06 Do I pull over and have kids? Do I focus on my job? Do I focus on my career? You look at the- You're married to John Cena. Yeah. But that's my point is that a woman that's married, what is John Cena worth? I'm guessing a hundred million bucks, give or take.
Starting point is 00:22:19 Money is not 80 million bucks. It's not his big thing. But then you have things like 80 million bucks, then you start, you know these acronyms, Dinks and Sinks and Neats. Have you heard of these things? Be careful with, you know, one letter away from a family. Dual income, no kids, single income, no kids. Then you have things like Neats. Take it easy Adam. There it is. Then you have things like NEETS, which is not employed, no education, and no training. NEETS. You have MEKS, married with kids.
Starting point is 00:22:51 You have MWEEKS, married husband works, wife takes care of child. You have all these weird acronyms. And what you're losing throughout all this is the traditional nuclear family unit. And I think that's what we're veering away from. Maybe, you know, if that's a dink wad, double income, no kids with a dog, what do you call it if it's like a double income, no kids with a cat? Dink? I don't know, but I don't even want to go there. A twink, maybe? I don't know. Because, folks, whatever you are, whatever you're into, if you're listening to podcasts,
Starting point is 00:23:23 someone's going to offend you. Welcome to one of us offending you today. But let me get to the next story. Because I want to, guys, if you're from California, earmuffs for the next 12 minutes, I'm just telling you. Or take a deep breath, okay? And go in on it on the chat. Just trash, say, Patrick, I'm sick of your hate for California, which I wish, if you only knew how much I love California.
Starting point is 00:23:46 And maybe one day I'll tell a story about meetings I had in California that I wanted to be involved in helping address some of the issues in California, but that decision was changed and then we had different things that we did. But let's go through it. California, auto insurance costs set to rise by 54% news reports as this is ABC. Rob, do you have a video on this or it's like a 23 second video? I do, I have the newscast where ABC reports on the jump. Let's do this.
Starting point is 00:24:09 Let's go to my beautiful tie. Go on and play this clip. By the end of the year, the typical auto insurance policy in California set to rise by 54%. That's according to a new report by Insurify compared to 2023 as well. Right now, California's average annual premium
Starting point is 00:24:24 is around $1,700 but it's projected to rise to 2,600 the jump due to increasing claims storm damages and costly repairs by the way Is it in certified or insurify? Insurify why did he say in certified like because he's not reading a teleprompter with a bad time That was like a you know, that was a yeah on burg bad tie. That's a Ron Burgundy moment as well. Let's kind of go through this. By the end of the year, typical auto insurance is going to go up 54%. And by the way, you may ask and say, but that's everywhere.
Starting point is 00:24:55 That's everywhere. Look at this. Let's break that down. According to a new report published by Insurance Tracker, the cost of full coverage across the U.S. is set to increase 28% during that time period, but some states, including California, are seeing a year-over-year rate hike of more than 50%. June of 2023, full coverage was $16.66.
Starting point is 00:25:16 Two months ago it was $24.17. By the end of the year, it's expected in California to be $26.81 in the state of California auto insurance. And meanwhile, folks, insurance carriers are leaving the state. They're flat out sitting there and saying, there is no money to be made in this state, I'm out. It doesn't even make sense for us. GEICO shut down their 35, 38 office. They're like, we're done, we're out of here.
Starting point is 00:25:43 More and more carriers are leaving because the state of California, Tom, are you following how the Department of Insurance is putting in a, I don't know if you're following the Fair Act. Are you following the Fair Act? Are you following the Fair Act? Yeah, I know what you're talking about. Go ahead. Give us a little breakdown of it.
Starting point is 00:25:58 So, the California DOI is basically putting in price controls. Not a man or woman alive doesn't enjoy a delightful coffee. What the California Insurance Commissioner, the DOI, they're trying to do is wage, is basically price controls. Because the insurance carriers are bringing forth fact-based analysis that said the risk of theft in California is higher, so that's loss. But inflation has decimated the labor rate, which has gone up 33%, and parts are up 30%
Starting point is 00:26:47 So Vinny that means if your car crashes and I'm your insurance guy I'll say hey pay your 500 deductible and then I have to pay the rest to the shop, right? But I just have a 30% increase in parts 35% increase in labor so that's killing me. So what do I have to do? I have to charge you more for every year year, and not for the deductible? Every year. Because the deductible go up, Tom? No, no, no. Your deductible stays whatever you want to keep.
Starting point is 00:27:12 And by the way, you probably move your deductible to $2,500 trying to get your insurance down, but now your deductible is higher if you have something. And so what the California DOI is basically trying to do is price controls. And so the California insurances, you know, Pat takes his insurance company, goes to Sacramento, and says, look what's happened to labor, look what's happened to parts, look what happens to risk of theft. Man, I need to raise rates here in California and not a little bit because I can't make a good business. No, you are going to be subject to the Fair Act and we're going to control how much you
Starting point is 00:27:44 can go up each year. You are going to be subject to the Fair Act and we're going to control how much you can go up each year." He said, okay, well then I need to tell you about the Leave Act. What's that? I'm leaving California and doing more business in Georgia, Florida, and Texas. Have a nice day. Then they're like, the first time it happens California said, yeah, whatever. But guess what?
Starting point is 00:28:01 They keep saying, yeah, whatever, and there's not enough carriers to cover Californians. By the way, are you following the dollar amount of the Fair Act? No, I have not gotten into the quantitative. Okay. So Adam, do you have any thoughts on this before I go into the Fair Act? Yeah, of course. I think, you know, one story that comes to mind is we talked about this in 2020 when Biden was proposing certain tax hikes and it was capital gains and income tax. So follow me for a second. We're going to get into the, so don't go into capital gains because that's a separate story. Okay. I'm staying right here on assurance, but there was a metaphor that you used. Do you mind if I, if I, if I grab you and you,
Starting point is 00:28:39 and you, you asked the question, like at what point, if someone's doing this, doing this, poking you, poking you, poking you, are you like, dude, enough's enough. That smile is two steps away from a one of these. We're going to go there right now? Eight minutes later, he's still pushing you. I'm like, what's up, man? You want some of this?
Starting point is 00:28:56 But the reality is- I'm confused. Are we still on insurance? How much are Californians going to take is my point. Whether it's taxes, whether it's regulation, whether it's insurance, whether it's crime, whether it's homeless, it just feels like a perpetual hand of the government pushing you, pushing you, pushing you. And you know, there's three camps.
Starting point is 00:29:14 There's the rich people who are like, dude, I got enough money, get the hell out of here. I'm in the hills. I'm in the hills. It doesn't affect me. But even if you're staying there, you're still dealing with this stuff. All right, I can get out of here. I can have money. You have the poor who are going nowhere. They're living on welfare. They're living in the government.
Starting point is 00:29:28 They don't really have a choice. But then you have these middle-class people that are getting squeezed and squeezed and squeezed and squeezed. And the biggest fear is where is the middle class going in California? Because the insurance, the taxes, the maintenance, whether you're buying a house, whether you're buying a house, we've got a car, all these other factors add up. Nobody's thinking when I get a car, all right, well, insurance, it's like, well, your insurance just went up 50% almost at 750 bucks for insurance. That's Nash nationwide in California. It's a thousand. So then you have to do the math. How much is my income going up? If my income is not going up, how much of these expenses am I just going to be driving to the poorhouse? Yeah Honest question what what is the ultimate goal of a mayor of a governor of a state like that?
Starting point is 00:30:14 And I'm being genuinely I'm inquisitive all the crime path all the all everything that we're seeing insurance people leaving all that What is the end goal for this guy? What does he want? Insurance people leaving all that what is the end goal for this guy? What does he want? Complete and utter not chaos so that like we're gonna have to rely on the government like what what is the goal? There is a possible there's when you think about a in my opinion Yeah And I want I want to address that and then I'm gonna go to the Justin story because I want to still address what come What's going on with California? Yes, but the job of a politician is one to be great on camera Okay in their mind. Yeah, to be great on camera,
Starting point is 00:30:45 in their mind. One, to be able to spin and get out of when you're being cornered. So that's a skill set some of them have, some of them don't have. Then the next one is, your job is to make the city, the state a better place. And the way you go about making a place a better place is either the government knows what's best for you or you know what's best for you. And that's the battle. Okay? And in this case, in the state of California, it's filled with people like him, Newsom, people like Kamala, people like Nancy Pelosi, who think they know what's best for you.
Starting point is 00:31:21 Right? You saw the George Clooney, you know, getting criticized, the open letter, and he says, hey, you know, we honestly haven't addressed this thing about Biden, but I gotta tell you, I think the right person we have to recognize is his selflessness, because the only person we can compare Biden to
Starting point is 00:31:36 is George Washington. When he said that, I threw up a little, I don't know, like, it was pretty bad. We were at Angelo's when I saw this clip, and I feel bad, because it came up a little bit. The meatball. Probably because they're close to the same age is probably what he meant. But more importantly, when you're seeing this, and then you see Nancy Pelosi on the back end, she's the one that had to get him to want to step out. But these are the people that think they know
Starting point is 00:31:56 what's best for Biden. They know what's best for you. They know what's best for everybody. Watch this here, Rob. Pull up the article about the Fair Act. This is again, State of California. Comes out with this plan called the Fair Plan Insurance. The Fair Plan Insurance is for people who don't get homeowners insurance coverage. By the way, you know what percentage of people are not getting homeowners insurance coverage? Let me tell you how many people are getting declined, okay? California Association of Realtors' 2023 Annual Housing Market Survey found that nearly 7% of real estate deals fall through in the state of California out of escrow for one reason.
Starting point is 00:32:30 You know why? Because the buyers couldn't afford the insurance. So imagine you're trying to buy a house, you're like, oh my God, babe, we've got to prove this is so awesome. You're in escrow. Hey, you've got to get homeowners insurance. Oh, awesome. How much is homeowners insurance?
Starting point is 00:32:43 $13,800. What? Wow? I can't pay. So then they're like, oh, we can't afford it. Seven percent are bailing. That's one out of 14. One out of 14 deals, you can't afford to buy the house because of homeowners insurance. So then California has 40 million people living there, 55% of adult income earners that own a house. But when you go through this, they came up with this Fair Act. Rob, can you pull up the Fair Act? Here's how the Fair Act works.
Starting point is 00:33:15 The Fair Act is built for the people who don't get qualified for homeowners insurance. The state comes and says, don't worry, we got you. So the Fair Act, they say it's not a government-backed program. It is financially supported by California's private homeowners insurance companies, not taxpayers. You know what this means? So let me tell you what this means. So companies such as State Farm, Allstate, okay, who else you got?
Starting point is 00:33:40 I'll give you a few names. USAA, Travelers, Nationwide, CHUP, they're forced to be a part of this. So it's like pay for play. You want to do insurance in our state, guess what? You have to be part of the government's fair act, and you take the risk, not the state. That's not fair. So watch what happens. They now have 408,000 policyholders, okay, an increase of 164% since 2019. Rob, can you go to the dollar amount of how much it's increased in the last 12 months? If you go right there, zoom in right there, you have
Starting point is 00:34:10 it right there at the top paragraph. Zoom in, look at this. As of June 2024, it is now $392 billion in dwelling coverage exposures, up from $284 billion just a year ago. By the way, that liability, you know who it's on? Who's that liability on? On USAA, on farmers, on travelers, on Nationwide, on CHUB, on all state farms. Let me ask you a question. Who do they owe an answer to? These companies, who do they owe an answer to? To California, to their shareholders, to their employees, to their investors?
Starting point is 00:34:41 Who are they being held accountable to? Their shareholders and investors, number one, by definition. So the shareholder and investor looks at the chart and they go like this, hey, can I ask you a question? Yeah. Why the hell are we agreeing to this? The alternative is that California wanted us to do business there, they're forcing us to be a part, but you want me to lose this much money and this much liability without
Starting point is 00:35:02 making any money? Yes. What do you guys suggest we do? Leave the freaking biggest state in America? Yes! I never thought about it that way. Guys, guess what? Call California.
Starting point is 00:35:12 We're done. We're out. Are you serious? Yes. Trust me, California will come back. Don't be surprised when these guys are going to be like, hey, California. Tom, how much longer can they go with this? This is one state, by the way.
Starting point is 00:35:25 Yeah, this is one state. And by the way, this goes on the heels of Rob. Look up CARP, California Assign Risk Plan. This is for the motorist, Pat, who have two DUIs but still have to drive to work and now they get their license back. And it's the same thing. Drivers that can't get insurance, they force the insurance companies to be part of it. So again, by the way, do you know what State Farm did just two months ago on July 3rd?
Starting point is 00:35:54 Do you know what State Farm did on July 3rd? Are you following this number here? Watch this. State Farm announced they are not renewing 30,000 homeowners insurance policies. Let me say that one more time. State Farm is one insurance company of many. In the state of California, they said, imagine you own a house. You get a letter from State Farm that tells you, hey Vinny, sorry, we're no longer covering
Starting point is 00:36:22 your home anymore. Vinny Goss So at that point, what? I have to find another insurance? Go find another one. Geez. Yeah, they do that 30,000 times. It happened to me when I bought the boat. Chubb dropped my boat insurance policy. But do you know why?
Starting point is 00:36:35 Why? Because they saw a video of me being the captain of the boat on social when one of the Sam or Mario or somebody posted it. I got a picture with a link to the video saying, you're the captain, we officially dropped your insurance. They didn't drop it because of the state. They dropped it because they said, you're not the captain. You don't know how to go out there and be the captain of a 48-foot. These guys are sending it because California's forcing them to send this.
Starting point is 00:36:59 So how much longer is this going to last for the state of California? I don't know, but I think California policies are hurting middle Americans. Their policies are destroying business owners. They're thinking the margins of what it is to be. It's just the same thing as what Kamala Harris is trying to do with the food price gouging. We were talking about this last week. When you think about Publix here, or Albertsons, or Vons, give me the names. Kroger's, Ralph's. What are the names, Rob? Whole Publix, Whole Foods, Trader Joe's, Albertson, Kroger's, and when they're trying to merge,
Starting point is 00:37:40 and the Federal Trade Commission is saying no, right? By the way, do you know what the margins are for supermarkets? If a supermarket does $10 million a year, what do you think their profit margin is? It was 10%. How much? 2%. Are you ready for this? Actually, Google this. Actually, I want you to Google this.
Starting point is 00:38:00 Can I gaspad, too? Supermarket profit margins. You said what? 2%. It's 1.6%. You're right there. Okay, right there. Look at this.
Starting point is 00:38:09 The range is 1.6%. So you know how much money they make on $10 million? A supermarket sells $10 million of stuff. You know how much they make? Net profits? $160,000. Oh my. Who the hell wants to be in that business?
Starting point is 00:38:26 And Kamala Harris wants to say, we're going to put some restrictions on. Dude, the shit doesn't work. Get the hell out of the way. What are you doing? This is their problem. They think they can fix everything with more regulation. Today on CNBC this morning, I'm watching these guys that are building homes, like home builders. Do you know the top four cities, I believe, that are building the most homes? I want to say four out of seven, we're all in the state of Texas. You know why? Because Texas gives the fastest zoning permits.
Starting point is 00:38:57 So they move the fastest. And inspections. We're in Oakland Park. We've been trying to put a gate up here for three years. Since I've been here. Rob, how long have we been trying to put this gate up? Since we moved in Oakland Park. We've been trying to put a gate up here for three years. Since I've been here. Rob, how long have we been trying to put this gate up? Since we moved in before that. For three years, Oakland Park still hasn't given us a permit. Who the hell wants to do
Starting point is 00:39:11 business in Oakland Park? Nobody! If your zoning permits are so slow, it's a freaking gate! But in Austin, Dallas, Houston, go, go, go, go, go. California, well, let me think about it. What about this, and what about that? Dude, I'm out. I don't want to deal here anymore. You force good people that are business owners out. That's all these people are doing when it comes down to right there. The top four cities building the most homes in California.
Starting point is 00:39:38 Houston, Dallas, Atlanta's one. I think Austin was another one, and there's one other city in Texas. Phoenix? Keep going down. San Antonio. Austin, Nashville. Yeah, Austin. So four out of seven is Texas.
Starting point is 00:39:49 Dude, I mean, why are they doing this? Because they're just giving permits like this. They're giving permits. So builders are like, let's go there. And the lady says back in time, 40 years ago, they used to say, when you ask the builder to build a house, you could expect to have your house within six to eight weeks, they were saying. That was kind of weird. Small houses, not big houses. So the thing was fast. So now
Starting point is 00:40:07 you're waiting six to 12 months. Who the hell wants to wait that long? So this is all because of regulators getting in the way and slowing shit down. There's a common thread between entrepreneurs in general. The uniform general feeling and sentiment is like, get out of my way. Let me go create. Let me go do something. And then when you run into red tape and you run a bureaucracy, even Bill Maher on his show is like, I'm trying to build a shed outside. It's taken me five years. Yeah. He doesn't get to the next step where it's like, yeah, because you're in California. And it would seem to me, Pat, you would know better than me. California just has one simple problem and it's a math problem. They're just think that the government is going to fix all. Let's
Starting point is 00:40:44 just raise the minimum wage. The one Congresswoman Barbara Lee, I believe, she's like, I think we should increase the minimum wage from the fight from 15 to the fight to 50. She said this, she proposed this. That's $100,000 a year as a minimum wage. You know how the math just doesn't work, ladies. Exactly. You know how the story ends. The story ends where a bunch of insurers now bail out of California, leaving fewer insurers at gunpoint that have to do the special policies. And so when they go to the insurance commissioner and say, look, I know you're trying to put us in the fair plan, there's only four of us left, and I need a price increase.
Starting point is 00:41:21 And you know what the state will say then? They'll say yes, because they can't lose the last four that are the last four insurers actually standing to do it. So they'll lose those. Guess what? Do you remember what the stats were, what happened to the Affordable Care Act on its third anniversary?
Starting point is 00:41:40 Remember what happened? What happened, Tom? The premiums started going up 20% a year because that was the deal that the health insurers that said, listen, okay, okay, Obama, you know, we'll keep it frozen for three years. Remember that? And then you show the sudden spike. It's like a balloon came off. It was artificial from the government.
Starting point is 00:41:58 That's what's about to happen here with the last one standing. And by the way, Tom makes such a great point. You know what happens when that takes place? Guess who California, Obama and all these politicians then blame when the rates increase? The corporations, they're greedy. The insurance companies. That's what they do. And this keeps playing and playing.
Starting point is 00:42:15 And by the way, watch this guy. Regular guy, Justin Trudeau, is campaigning, okay? And he's going out there, this steel worker, simple guy. This is a very simple guy. Justin's going out there trying to win over these steel workers with donuts. And then he runs into one guy that doesn't give a shit about donuts
Starting point is 00:42:35 and just calls his ass out and walks out. By the way, this, Canada right here is exactly the same as California, except maybe, I don't know if I could say worse or less, but it's exactly like California. So Justin Trudeau, think of him as Newsom's first cousin. Go ahead, Rob, play this clip. Beta.
Starting point is 00:42:53 He doesn't shake his hand. We got donuts over here if you want to thank you for your hard work. I could bring some for my kids here. The 25% Paris we just brought in on Chinese skills to help you out. That's going to keep my job, yeah. We got donuts over here if you want to thank you for your hard work. I can bring some for my kids here. Hey. The 25% tariffs we just brought in on Chinese skills. Yeah. Can I help you out? That's going to keep my job, yeah.
Starting point is 00:43:09 That's going to keep your job. What about the... The $400 million... What about the 40% taxes and pain? And I don't have a doctor? The $400 million in the investment in your electric car? Yeah. That means you're going to have a job for many, many years. I think you're only here for another year.
Starting point is 00:43:22 We won't see you around probably another year. No, that's what elections are for. That's right, that's right. And I look forward to everyone exercising the right to vote. Basic choice, we're going to invest in you and your job. I don't believe you for a second. Dental care? Do you know anyone who got dental care? Yeah, I pay for it myself.
Starting point is 00:43:39 We're like three years behind. Is this a job in coverage? Yeah, four people in my family. Every time we go for a dental visit, it's cost me about $50 in my pocket per person. Why? I have a good job. You're not really doing anything for us, Justin.
Starting point is 00:43:53 Well, actually, we just invested so half a million people haven't been to the dentist. Got to go to the dentist over the past few months. Probably like my neighbor that doesn't go to work because she's lazy. She just doesn't go to work. She lives the same way. Most Canadian's try to stick up for each other.
Starting point is 00:44:06 That's what we're gonna keep doing. Yeah. Good luck and take care of your family. No, I'm good. Thank you. All right, good night sir. He doesn't wanna shake his hand. It's like a G.
Starting point is 00:44:13 Come on. Come on. The other guy's got, they got the donuts, excellent. They got the donuts. He is such a fake. The other guy's got the donuts, excellent. Like, ugh. But by the way, that guy, that steelworker, I don't know what his name is.
Starting point is 00:44:28 I'd love to call him by his first name. If I knew what the steelworker's name is and give him credit. He's not a politician. He doesn't look like an MBA student. He doesn't look like a guy that started a business and sold it for $6 million. He doesn't look, he looks like the average voter who loves his country, loves his family. He said four, which means what? The average.
Starting point is 00:44:51 Husband, wife and two kids. He said, I pay $50 and we haven't been able to go for three years. The neighbor that's a lazy person is able to go, but I'm the one working and you're doing this to me. No respect walks off. You think, by the way, say we start a city. Say we start a new country. Would you take that guy to be one of your citizens in your state? Would you like that guy to be one of your citizens in your state?
Starting point is 00:45:11 It's my first round of draft pick. All day long, come on here, buddy, and we're not going to do 40%. Look at this. It's ridiculous. What is the guy's name? They don't list it yet. I mean, I wish we could see the guy. Anyways, he deserves a lot of credit for being straight up, but there's a lot. I went to a restaurant. I don't want to give the restaurant's name because, Tom, you know what the restaurant's name is.
Starting point is 00:45:31 I'll text you. I don't even want to give the city's name, but it's in this area. Matter of fact, I'll text you to kind of get an idea of what we're talking about. So you all have been at this restaurant with me, okay? And it's not Angelo, so I don't want you to jump to conclusion, go to Angelo. But I'm out there having dinner with the kids, and we go there. And when we walk in, this is a high-end restaurant that's been in its location for 30 plus years. And I say, wow, this place is pretty empty today. And, oh, it's kind of weird. So I get up every time I sit down, I go and wash my hands and I always look around to see what's going on in the
Starting point is 00:46:08 place. I come back, I sit down and then I get up and I'm like, Tico, let's go for a walk you and I. We go out to go on a walk just to we do our own thing and we have fun and you know. Then I come back and then the manager comes and sees me says, how you doing? So I'm doing really good. He's been taking care of us for years. I said, how are things? How's business? And he just straight up goes into it. He says, I'm down 13% two weeks in a row.
Starting point is 00:46:39 He says, look, I need you to keep coming to this place. By the way, he's not saying it sarcastically. I swear to God, he's saying it like, we really need you you to keep coming to this place." By the way, he's not saying this sarcastically. I swear to God, he's saying it like, we really need you guys to keep coming because we really need the business as a local restaurant. I'm like, I said, why do you think this? He says, it's so weird. He says, I've been here for God knows how many years.
Starting point is 00:46:57 I've never seen a drop off like this. I said, it's not like it's, people are back to work. They're going back to school. Vacation time is done with. He says, yeah, I know, we're just not it's, people are back to work, they're going back to school, vacation time is done with. He says, yeah, I know, we're just not getting the traffic that we're getting. I said, well, if you're losing 13% and you're the best of the best in the area, your competitors are probably losing 20-30%. Prices are going up, menu prices are going up, how are we going to get, there's stories
Starting point is 00:47:21 about how many restaurants are shutting down in Miami, let alone nationwide, that these guys are going through. And Kamala's solution is what? Or Justin's solution is what? Hey, we'll give you $25,000 down payment for your house. Hey, we're going to do a fair act right there. Look at this. The chain is closing down.
Starting point is 00:47:42 Buffalo Wild Wings, 60 locations. IHOP, 100 locations. IHOP 100 locations. Pizza Hut, closed locations. Red Lobster, 99. 17 in Florida. Hooters, devastating. TGI Friday. I mean, Tom is emotional about that.
Starting point is 00:47:53 They closed 36 restaurants, including two in Florida. Outback Steakhouse, 41 underperforming. Applebee's plans to close 25 to 35. And by the way, these are restaurants you know the names of. How about the restaurants that you've been going to in your city, local city for years, who are family-owned restaurants that maybe they have one location, maybe they got three, five, ten. How about those guys?
Starting point is 00:48:15 And then customers go on and they're like, wait, this steak used to be $38. Why is it now $52? Because I don't have a choice, bro. I don't have a choice. What do you want me to do? I just got a manic this morning from a guy that runs a cell phone shop and he says Verizon dropped commissions from 60% to 30%. Verizon dropped commissions 30%.
Starting point is 00:48:36 Why would Verizon drop commissions 30%? It's not like they're saying we'll drop it because we don't want to pay you anymore, we don't want any more business. It's because they can't afford it. They can't afford it. In the insurance business, if you don't go raise money when interest rates are high, when a lot of business is being sent your way, you can't afford insurance. So you increase underwriting guidelines to make it tougher.
Starting point is 00:48:59 That's your way of saying, I don't want more business. And a lot of people are feeling it today. And the ways you can solve this thing is to force people to not raise prices or force people to do certain things, or you can simply fix the economy, put it back into the people's hands, let them do their part. Meanwhile, Kamala Harris is sitting there saying the following. She's saying, where's that story? Here it is. Why
Starting point is 00:49:25 Kamala Harris's approach to capital gains is generating so much controversy. Yahoo Finance, okay? Capital gains. Tom, I'm going to come to you first with this and Adam, I'm coming to you next after that. Kamala Harris's endorsement of Biden's plan to tax unrealized gains, targeting households with netports of $100 million has sparked a significant controversy with critics like Musk claiming it leads to bread lines and ugly shoes. The plan would impose a 25% minimum tax on income, including unrealized gains, but would only impact the top 0.3% of households. The proposed changes would raise the capital
Starting point is 00:50:01 gains tax rate for the richest Americans, align it with their overall tax rate, potentially increasing it from 20% to 39.6% for those earning over a million dollars annually. Critics argue this could distort the economy with the tax foundation labeling it a complicated tax on a narrow segment of high-earning households in a way that's never been tried. This is Yahoo Finance. Tom, thoughts on the story? Tom Hanks I was unable to get the link for our good friend Rob, but I'll tell you something.
Starting point is 00:50:29 R L Thank you. R L Okay. Mickey, can you grab some tea for Tom? Go for it, Tom. Tom Ligato Yeah, so what was interesting, a link that I was trying to refine, but I was reading that a plumber with four trucks probably grossed a million and a quarter a year because they
Starting point is 00:50:55 make about $300,000 per truck in total things during the year. So when you take a look at this tax, it sure sounds big, but guess what? That's a small business. You're hitting a lot of small businesses in there where they say, oh, it's going to impact the top 0.3% of households. If you take, you know, 330 million people and take the top 3%, those are business owners that are employing 40% of the total. Do you follow that? Yeah. You're hitting the business owners,
Starting point is 00:51:27 so you're hitting the 40%. You just don't know it. And now you're impacting their ability to buy more trucks, which helps the economy, because someone sold those trucks and built those trucks. It impacts their ability to give raises. It impacts their ability to expand their business. So they're going downstream and thinking, wow, It impacts their ability to expand their business.
Starting point is 00:51:45 They're going downstream and thinking, wow, look at this lake full of money. Let's take it! But they don't understand how the lake's getting filled by all the streams of productivity and small business. This is wrong-headed. Tax the rich because they think the rich are there will continue to be there. As Margaret Trudeau said, taxing other people's money only works as long as those other people still have money. Is that Margaret Trudeau or Margaret Thatcher? Margaret Thatcher.
Starting point is 00:52:16 Oh, you said Trudeau. Oh, I said Trudeau? You're still on drugs. Oh, no, no. Margaret Trudeau. How about your brains? Sorry, I'm still on drugs. Go ahead, Adam. Margaret Trudeau was a wild woman in Canada. She was the estranged wife of Pierre Trudeau, which is Justin's dad.
Starting point is 00:52:32 This was Margaret Thatcher talking about the socialists that were trying to do this in the late 80s and 90s. Adam, go ahead, Tom. We got to go for it. I mean, the whole thing, like for instance, Vinny, do you know what capital gains is and unrealized gains and realized gains? It's okay to be like, dude, I have no clue. This is something that I wasn't too familiar with when I got into the financial markets and started making money and having taxes and it started investing. It's like, what is this language?
Starting point is 00:52:59 And the gym, I understand like non-realized gains is the guys that walk around like this. Exactly. We have ILS. Exactly. Yeah, Rob knows. Actually, let me try to make an analogy here. So you're working out in the gym I understand like non-realized games are the guys that walk around like this. Exactly. We have ILS. Exactly. That's yeah. So actually let me try to make an analogy here. So you're working out in the gym. Yeah.
Starting point is 00:53:09 And but you have your shirt on. Yes. And you know, the gains is when you take your shirt off and the ladies are like, oh, my God. Yeah. But if you don't take your shirt off, nobody knows what you got going on. What a weird analogy. But you know, that's a terrible analogy.
Starting point is 00:53:24 But let me try. explain what it means. Let me try to do it. This guy threw a gym analogy. I was like, well, you're doing it twice, but you're back. When I went to Vinny on a financial site, I just said, why did I go here? The bottom line is it comes down to potential. Do me a favor, though. You're making a very good point Adam.
Starting point is 00:53:45 Explain in 15 seconds what is unrealized gains. So it's essentially, the only time that you actually have a profit or a gain is when you actually sell and then it's quote unquote realized. So for instance, if you buy a stock for 10 bucks and it goes up to 12 bucks, you have a $2 gain on paper. But it's only realized if you sell it for 12 bucks and you pay maybe taxes on the $2 is how that is. Then they go down tomorrow, come back more.
Starting point is 00:54:15 So until you actually, quote unquote, lock it in, it's unrealized. So whether you sell your stock portfolio, whether you sell your house, there's also in the insurance building, like the insurance, the inside buildup, the cash value, that's been a whole thing? Explain now the unrealized gains. So for example, you have a business that, let's just say you have a business that's worth $100 million, okay? And you know, you have never taken the money off the table.
Starting point is 00:54:43 It's paper wealth, okay? It's paper wealth. But now you have to pay 25% on the $100 million that you've never taken out. Did you understand what just happened? But then walk me through this. Okay, let's say they just start taxing unrealized gains, which is obviously something that you're not in favor of.
Starting point is 00:55:03 But then when you're getting taxed, but then when you sell the asset, you're also getting taxed. So it's almost a double taxation at that point, no? And then whoever you give the money to, they have to pay taxes on it. So this tax situation. It's just getting deeper and deeper. And by the way, so what's you, go ahead, Tom. There's a hidden side to it too. When you hear, I think everyone reads casually headlines about a unicorn. Oh, another
Starting point is 00:55:25 unicorn from Silicon Valley. They're worth a billion dollars because they just got investment and the investor said, we're investing on paper. So now what are all the startups going to do? You're going to cripple startups. Yep. Now this is catastrophic is what this is. Catastrophic what this is. If they do it, and by the way, so here's the other part. What's the likelihood she will do that? Do you know what's the likelihood that this will pass? What do you think is the likelihood that the unrealized gains will pass? Not highly likely.
Starting point is 00:55:59 Let me tell, go ahead Tom. Zero with the Republican Senate. I think it's zero Period let me explain why okay. Okay. Let me explain why so Look, here's how this works. I remember there was a guy I was working with never liked doing this He would come and say hey, I'm gonna come and piss off your office. You come and piss off my office I'm going to come and piss off your office, you come and piss off my office. And then, you know, let's make money, but let's just say stuff about me and my guys
Starting point is 00:56:30 will get pissed and I'll say stuff about you." And I'm like, yeah, you know what though? It's always better if the feeling of wanting to beat that person is real, then you really are going to rally behind the group instead of faking it, right? And then it became a training for this guy. He started training his people how to get others to be pissed off at each other. I'm like, dude, some things are caught, not taught, right? Caught, not taught.
Starting point is 00:57:02 More is caught than taught in parenting, and more is caught than taught in anything you do You're gonna catch what the person is doing Then that person's teaching you because you're catching what they're doing right okay? So here's how this works my opinion hey guys Yeah, look we have to get the poor to believe that we're going after the rich Now I need a hundred million dollars from you hundred hundred million dollars from me, hundred million dollars from you. Look, I'm gonna get up and say this. Of course I'm never gonna pass this, okay? It'll never happen. I would never do that to you guys. I know how important you are, but that has to be part of my campaign. So when I get up there,
Starting point is 00:57:39 don't worry, I'm not gonna do any of it. Let me just say it, okay? But you make the phone call first. to do any of it. Let me just say it, okay? But you make the phone call first. So then you hit the stage and then what do you do? All these rich billionaires and the Republicans, all they care about the billionaires and the millionaires and the billionaires and the ba-da-ba-da-ba-da-ba-da-ba-da, right? Guess who gets more money from the billionaires? The left or the right? It's not even close. It's the left over the right. They get way more money from billionaires, the left or the right. It's not even close. It's the left over the right. They get way more money from billionaires on the left than they do on the right. By the way, it's pretty much four to one in many cases, three to one in many cases. So you mean to tell me like that video of Chris Cuomo going at the DNC and saying, look at all these
Starting point is 00:58:20 guys at the top, pay to play, pay to play. You think they're going to do anything to hurt these guys? They're not gonna do any of it. But deep down inside, they would love. Tom, this would be like porn on steroids for the people on the left who are politicians who have never built a business for themselves and know how much painful it is to grow something. They would love nothing more to pass the unrealized gains. But the guys are getting money from, they would be taking money from them. Why would they ever do that? But they're going to manipulate the average American, and the average American is going to say, yeah, when they
Starting point is 00:58:55 think rich, they think Republicans. When they think billionaires, they think Republicans. That's all they think about. Well, just remember one thing at the DNC. Do you remember the ridiculous juxtaposition of Bernie Sanders? We got to tax the billionaires. And the next speaker was literal billionaire governor, J.B. Pritzker. That's like, I'm a billionaire. I'm like, I love my life. This is the come to Jesus moment that the Democrats are going to have to have. It's like on one side, you have the progressive wing who is just tax it up the gazoo, but then you have quote unquote modern, moderate Democrats who are actual billionaires here to look at the story right here.
Starting point is 00:59:32 You had the, by the way, John Stewart did a great, it doesn't add up. But who was, and not to take a jab at her, I don't think she's that bright at all. Who is telling her to say these talking points? Who is telling Kamala Harris, who in the democratic deep state establishment, whatever you want to call it, who is telling her these are going to be your talking points? Vinny, are you assuming that these are not all her policies, that she sat down and wrote these all out? She knows this word by word, letter by letter?
Starting point is 00:59:59 Come on man. Play this and then I'm going to go answer Vinny's question. Go ahead, Rob. A guy yelling, screw the billionaires, followed immediately by a very happy billionaire. I can't make this up. It's all okay if it's our billionaire. Yeah. I don't like billionaires don't like Billy in there, but he's alright.
Starting point is 01:00:30 They had guys making fun of people for going to Yale, and a bunch of people who went to Yale. The Democrats had people who prosecuted sexual predators and... Wow. Wow. Wow. Wow. who prosecuted sexual predators and... Wow. Wow. Wow. The fact that all the producers in the studio are like, oh my god. There goes that booking.
Starting point is 01:01:07 He's not going to perform for the Klan Foundation anytime. It's amazing. By the way, this is when he was good. When he was like this, because he did this to Nancy Pelosi's face one time 12 years ago. Great point when he didn't care and it wasn't so one sided. I think that's old school John Stewart. The ultimate sad point is, what were we just talking about? Government policy, liberal policy in California and what's happening to real Californians,
Starting point is 01:01:37 car insurance, homeowners insurance, and the price of living in California, let alone property taxes. But remember, once upon a time, it wasn't Omar and it wasn't AOC that was the most liberal individual in the Senate or House. Once upon a time, the person that sat atop the most liberal senator in Washington was Kamala Harris. Coming out of the Berkeley, Willie Brown and. Watch your language. Yeah, Willie Brown.
Starting point is 01:02:11 And, no, she was the machine, part of the machine that was Willie Brown, Nancy Pelosi, and that Gavin Newsom. Yeah. Let me say one thing about. But you were gonna answer that question. But think about it, she was, she's been very loud. I think I don't care about his machine, but Vinny had a question. I had a question who, and I, we brought you tea Tom, please drink the
Starting point is 01:02:32 tea. You're concerning me. Um, make you put some stuff in it to make you happy. I know for a fact, we all know what the process was debate, Biden done, Kamala Proctor, who is telling her in the financial like mindset, who would tell her to say something like that, knowing that nobody's going to like it, nobody's going to prove it? Who's giving her those talking points? Well, listen, you have to know, like when it comes down to economy, she knows nothing about this.
Starting point is 01:02:58 She doesn't know much about the economy. Okay. And her strategy is more I'm speaking. Yeah, I'm speaking. Yeah. I'm speaking. I'm sorry, Mike. I'm speaking. Yeah. Okay. She's done that so many times. She did it one time to a guy in Congress. She's asking him a question. Brett Kavanaugh. No, no, it's another one. And he's trying to answer and she goes, I'm sorry, I was speaking. And this is like, I don't understand this move like
Starting point is 01:03:30 She's gonna do to Trump and just watch for this one guys next week when we have the election I will be together. You'll see but can you pull up the I'm speaking right there with pants right there right there top right Watch this I'm speaking Mr. Vice President speaking It's extremely unlikable. Mr. Vice President, I'm speaking. I'm speaking. Oh, cool. So am I. Thanks. We can then have a conversation. Okay? Please. Okay. Try to answer, you know? Do people deserve a straight answer? I will not sit here and be lectured by the vice president. I'm speaking. Yeah, I'm about to so so But she's got some policies that are hers. I saw something with her and Who was the guy that used to be very heavy and now he's super skinny about to disappear?
Starting point is 01:04:18 What was the guy's name the guy on TV? Al Sharpton Al Sharpton. Oh, he's talking about Sharpton? Al Sharpton. She's talking about Al Sharpton. Typing. He's about to... We didn't set that up. That was all the description I needed. When is this, Rob? What date is this? It doesn't say September 1st is when this was posted. Okay, watch this. She agrees to reparation yesterday. Watch this. Go ahead. The area of reparation is for descendants of Africans enslaved.
Starting point is 01:04:43 If you elected president, would you sign that bill if it came across your desk? When I am elected president I will sign that bill. By the way you can pause it she doesn't know what she's talking about. She said she listened to Tupac in college. Bro Tupac was 10 years old. If you were listening to Tupac in college, you're a pedophile. Like what are you doing listening to Tupac in college? Like to some of the stuff that they say, yeah look at this, she went to college 86 to, she says the weirdest thing sometimes just because she's trying to win him over. You got the clip, right? Did you guys hear her? She's speaking in front of a white audience and then she's speaking in front of a predominantly black audience
Starting point is 01:05:25 She changes her accent to be like this is on the same day. This is on the same day. Listen to this Go ahead Rob vacation time. Some extra eyes in there. You better think. Because what we know... By the way, she's... Where's the other one? Yeah, the other one, Rob, this is... But by the way, there are white people that have listed...
Starting point is 01:05:56 So we're gonna grab lunch, two drinks, and head to Pittsburgh. Yeah, watch this. Pittsburgh. Thank unions for sick leave. Thank unions for pay family leave. Thank unions for your vacation time. And the other one she sounded like, remember in coming to America, Arsenio Hall, when he's a preacher, he's like, I don't know what y'all came to do, but I came to praise you.
Starting point is 01:06:20 That's who she's become. And people aren't noticing that. By the way, she wants to give reparations to African-Americans. She's not African-American. I don't know why people don't get it. She's Indian and Jamaican. Did you tell her she's left out of that? She doesn't.
Starting point is 01:06:34 Did anybody give her the, like, send it, like, hey, Kamala, you're not going to get any of that money, by the way. To me, whatever color or identity is the least of my issues. For me, it's going to always come down to the math. Because what I've realized, and we all remember Bernie in 2015, 2016, there's a lot of people out there, I like this. I like what he has to say. All right. Yeah. Like, yeah, make them pay more. I like that. Okay, great. These guys are billionaires. Elon Musk, Jeff Bezos, I need a little bit more money. Medicare for all. That's all good. Okay, the Green New Deal, yeah, who doesn't like the Earth?
Starting point is 01:07:06 It all sounds good. But then just like a check at an expensive restaurant when there's the girls there, or sometimes I know Pat's going to make a joke right here, someone has to pay the bill. And then you never see the girls chip in. Maybe this is me just being a little, putting my business out there But it's always gonna come down to a guy being like all right well So who ordered the seven shots what all right you got 12 app? How'd this bill become a thousand dollars for dinner? This is what's going on They make all these proposals that sound good, and they're like how are we gonna fund?
Starting point is 01:07:43 $3 trillion for the Green New Deal? We're already drowning in debt as a country. So they're just going to keep saying it, keep saying it, keep saying it. But then when you actually do the math, just like we discussed in California, it's like, how are you going to fund all this? And the problem is you need a sort of an SOB like Trump to be like, yeah, we're not doing any of that crap because we don't, we're broke. We have no money.
Starting point is 01:08:04 And until we actually get our money right and balance our budget, we're not doing any of that crap because we're broke. We have no money. Until we actually get our money right and balance our budget, we're not doing any of this nonsense. You're so right. I wish people would do a simple history lesson. Just go back and look up Greece, the country of Greece, and what they called austerity. Where they notified people, man, we are so broke, we're beyond broke and we have to do two things. You have to work two years longer to get their equivalent of Social Security, remember this, and it will be cut by 7% when you get there.
Starting point is 01:08:37 Wait a minute, I got to work two years longer for 7% less? And then they said, wait, wait, wait, we checked the spreadsheet. It's actually three years longer for 12% less, and then they said, wait, wait, wait, we checked the spreadsheet. It's actually three years longer for 12% less. And it ended up where the people protested and there were riots. That's what happened. There is an end game where the spreadsheet breaks. Yeah, and by the way, Rob, do you have that clip of Nancy Pelosi sitting across from John Stewart where she casts a vision of what they want to do with all these illegal immigrants
Starting point is 01:09:04 in America and she doesn't hold back at all. I mean she's just like straight up saying to Bill Maher to his face, watch this, go ahead Rob. The California lawmakers just passed a law, it hasn't been signed by Governor Newsom, but giving government assistance to undocumented immigrants to buy houses. That's kind of a different place than the Democratic Party used to be on immigration is it not? And like I say, that's what the country's gonna do.
Starting point is 01:09:33 But that's certainly where California is. Well, let me just say, immigration had always been a bipartisan issue. I prefer you to the- It's been a much-awakened. But not free houses. Well, it's not free housing. It's the American dream, being available to more people.
Starting point is 01:09:49 But understand this about immigration. The best speech on immigration was by President Ronald Reagan. Ooh, got it. This is the last speech I will make as president of the United States. I want to communicate a message to the country I love. Right, right. United States, I want to communicate a message to the country I love. And he talked about the Statue of Liberty and the beacon of hope it is to the world and what America was preeminent in the world because our door was always open. We will cease to be preeminent when we shut the door.
Starting point is 01:10:20 Now that's, I don't do justice to the great communicator. Google it. It's a fabulous speech. And George Herbert Walker Bush continued in that respect for the diversity of America and the rest. California's always in the lead. Maybe others will follow that lead, but that's up to those states. But we are very blessed here with beautiful diversity.
Starting point is 01:10:42 Do you vote for this law? Excuse me? So you'd vote for this law? Excuse me? So you'd vote for this law? Watch this. I'm not familiar with exactly what it is, but making the American dream of home ownership available to all people is something that's for people who are here now.
Starting point is 01:10:58 Before you, this is before you, this is undocumented. This is for the undocumented. Well, what I would like to do is move them to document it. Look at the audience. What a bunch of idiots. Robert Flan, idiot. One of the best things that we can do for our economy is to pass comprehensive immigration reform.
Starting point is 01:11:20 Bella Penn, you made a great point, too. She's wearing an American, every time I see someone wearing the American flag with the Ukrainian flag, that's all I need to know about you. It's other people before us. I'm sorry, Vinny. Go ahead. So I've been diving down into this and let me explain what is happening here. Here's back, folks.
Starting point is 01:11:37 That tea was good. Go ahead. That tea was good. No, seriously, here's what's happening here. So I went in and I dove in. These aren't posts on X. I dove into some stuff. And the homeless crisis is led by people who are citizens, usually addicted and people
Starting point is 01:11:59 with mental health issues are a very significant percent of the homeless population of those who are citizens. The homeless population among the people that just arrived here, like, you know, on those walks from Central America that we see coming through Mexico and coming through Eagle Pass in Texas and all that, those are, when they come across here, amazing numbers that are homeless. So the homeless problem is increased by these. Guess what they want to do?
Starting point is 01:12:28 They want to hide them. Step one, Governor Abbott is going to put them on a bus under Chicago, Philadelphia, and New York. He did it quite a bit successfully. They're like, look, the states on the border are just going to be putting people on buses and shipping them around. We can't. We've got to hide these people this program is
Starting point is 01:12:47 specifically to reduce the homelessness of the undocumented immigrants and to get them into homes number one and number two It's now that they have a permanent home. They have a registry status for for voting. Weird. Exactly. It's not weird. So now here's the next one.
Starting point is 01:13:12 Can any state on an annual basis run the deficits like the United States of America as a country does? Hell no. No way. No they cannot. But you know where they get money? So what if there's 10 wildfires in, oh, let's pick a different state. Federal government.
Starting point is 01:13:27 Exactly. What if there's a terrible hurricane that just overwhelms Hawaii, and they, they're Typhoon Pacific, I guess, overwhelms Hawaii, and they need FEMA. So FEMA comes in, and what do governors always ask the president to do? Declare this area a federal disaster area eligible for money so we can balance our budget. So it's not the citizens of California paying for these houses. It is every taxpayer in United States of America because they're gonna go seek federal money to match this because they're not gonna be able to balance the
Starting point is 01:14:04 state budget. Ladies and gentlemen, this is nationalized housing welfare to get those people off the streets and to devisualize the homeless situation and put them in homes with permanent addresses where they will vote. I'll say one thing about Nancy Pelosi. So who is Nancy Pelosi in the grand scheme of things at this point? I mean, she was supposedly the final voice of, all right, Joe Biden, you're out of here, buddy. It wasn't Obama. It wasn't Kamala. She runs the House and she's very much concerned with down ballot races. She sees where it was trending. She's like,
Starting point is 01:14:42 Biden, you got to go, buddy. You were going to do this the easy way or the hard way. And I think it appeared as if Biden wanted to stay. And she's like, no, you're done because I can't raise money. I can't do this. Follow the money. You're gone. And then the next thing with her is whatever that was, she just did that, that word salad of buzzwords.
Starting point is 01:15:02 It's like, you can always go to the well. It's like a comedian, Vinnie, like, you know, like if the crowd ain't feeling you, you know, you can go to your one joke. You're like, Oh, my back came out. Like, you know that. So she's going to go to her just word salad of buzzwords. And if you roll, roll the tape, it's the same stuff. The American dream and the statue of Liberty and the dream of homeownership, and our diversity is our greatest strength, and our door is always open for undocumented workers and immigrants? Well, you know, California's leading the way on the... It's all just buzzwords of nothingness,
Starting point is 01:15:37 of word salad, where it's essentially just a handout to the poor or to the undocumented, and then she gets a round of applause and then she's like, all right, I did it, thanks. But she didn't say anything other than she's essentially helping ruin America and giving away more money. And while admitting in there, in one little quick couple words, that she didn't really understand the bill he was actually asking. I don't know which one you're talking about. Right.
Starting point is 01:16:01 You know, I'll look into it, but you know, but this is given to people that are undocumented. Yeah, I mean, we have to put together a comprehensive to make these guys documented. You don't know what build is going on in your state when you're the head of the government and the federal. What is happening? How do you not know? Well, look at everything that's happening in her freaking state. Look at everything that's happening.
Starting point is 01:16:21 They got a math problem and they don't want to use a calculator to. Yeah. Let's go through what's going on with X. By the way, if you guys know, there's a massive feud going on between X, Brazil, and their Supreme Court Justice, their Alexandre de Morales. Here's what's going on here. Here's a Guardian. I'm going to read a few of them for you and then we'll go open up and talk about this. X goes offline in Brazil after Elon Musk's refusal to comply with local laws
Starting point is 01:16:48 Okay, so Ilan is saying Brazil Screw you we're gonna do whatever we're gonna do here X formerly known as Twitter as both blocked in Brazil after your llamas refused to comply with local laws leading the country Supreme Court To enforce the ban this action led by Judge Alexandre de Morales, was in response to X allowing the massive propagation of misinformation and hate speech, and Musk's failure to appoint a new legal representative after closing X's local office. The ban left millions of Brazilian users, including top influencers like Felipe Neto, unable to access X. Many migrated to the rival network, Blue Sky, which gained 500,000 users in two
Starting point is 01:17:27 days. Neto reminded Musk, when you go to another country, you're obliged to follow its legislation, even if you disagree with it. Musk responded to the bandwidth vulgar and combative remarks. Again, this is Guardian, folks. Calling Judge Demorize Voldemort and accusing him of being a dictator and a fraud. Okay, so obviously that's not going to sit well with him because he doesn't want the people to know who he really is. And Elon Musk just told them who he really is. And then you got, I mean, you know things are getting serious when the Hulk is getting
Starting point is 01:17:56 involved. I'm talking about Hulk like Mark Ruffalo. If you want to go to this guy's tweet, he puts up Rob. Just go to my Twitter account, I retweet it at this guy. So think how weird this situation is. This guy, Mark Ruffalo, okay? He tweets out and quotes Alexandre, zoom in on his tweet and then you'll come back to what I responded with.
Starting point is 01:18:17 He tweets, this is what Alexandre said, He almost showed his total disrespect for Brazilian sovereignty and in particular for the judiciary, he's talking about himself, setting himself up as a true super national entity and immune to the laws of each country. Demorize wrote, look what Mark says, because he is a weird and entitled billionaire tech bro. Tax him heavily. He says this, why you'll go to the comments section, go back please, look at the comments
Starting point is 01:18:42 section. He turned off the comments section. Oh, weird. comment section, go back please. Look at the comment section. He turned off the comment section. Now go back Rob, to my tweet, respond at him, and I said, defending Alexandre de Moraes while having comment section off says it all, both you and him hate freedom of speech as anti-American as one can be. And this continues. Robert Reich gets involved, which I have a phenomenal picture to show you guys of Robert Reich when he was younger and handsome. I can't wait to share it with you. I'll send it to you to show it to the audience.
Starting point is 01:19:09 We have to give him credit on how beautiful and handsome he was when he was younger. So Robert Reich gets involved. Ex-Labor Secretary Robert Reich claims Elon Musk's out of control says regulators should threaten arrest. What? Threaten arrest? Because he bought X and people are able to actually speak there? This is him.
Starting point is 01:19:31 Robert Reich said Elon Musk is out of control and argued in a column that regulators should threaten Musk with arrest if he continues to disseminate lies and hate on X. And Reich criticized Musk's accusation of Twitter as dangerous nonsense driven by quest for power, not free speech. He urged the U.S. government to terminate its contracts with Musk's space, questioning why the nation relies on Musk's companies when he shows utter disregard for public rest. And by the way, he's saying all this shit right. While Brazil is a couple months away from election, I think they got an election next
Starting point is 01:20:04 month in the month of October. And and in Brazil they use Twitter heavily. Tom, what are your thoughts on what's going on in Brazil? Well, I've got two thoughts. One is, do they have a president or did they just have some sort of judicial dictatorship? Number one. And number two, do the people of Brazil understand what's going on here? You know, you have an outside platform that can't be controlled inside so the Number two, do the people of Brazil understand what's going on here? You have an outside platform that can't be controlled inside so the people can see the truth of what's going on around them and make their own decision. And so what you have is a very large significant country with a judicial...
Starting point is 01:20:42 This is what a wing of the Democrat party want here in the United States. They want the ability to turn on and off the dissenting view. And they're going to call it hate speech. They're going to call it not progressive. They're going to put whatever branding, which they do very well on it, and that's what they want. Well, that's what Brazil has got because Brazil if you follow the story of being president there, president you never
Starting point is 01:21:09 retire. You usually go to jail and then there's a new election and the next guy comes in and then he might go to jail. So there's a long-standing tradition there. They do have term limits but they don't have parole. So you've got a bunch of things here you have to deal with but But the people of Brazil are here. And I think Elon Musk is saying, look, there were other tweets from Musk that he says, I'm not going to do something that's illegal and they were asking me to do other things here, not just comply with their law. And so Brazil does have a president.
Starting point is 01:21:41 It's Luis Ignacio Lula de Silva, who took off on January 1st. Third term as president, he was previously served from 2003 to 2011, and he's both the head of the state and the head of the government leading the executive branch and the federal government. You know who he is? He was part of something called the Operation Car Wash. He went to jail for stealing nearly $300-600 million for its citizens. The Supreme Court Justice, Alexandre de Moraes, goes and releases
Starting point is 01:22:05 them from jail and changes the law because they knew that only one guy could beat Bolsonaro, which is Lula, and he, Lula, ends up beating Bolsonaro. The day he does, there's riots of millions of people in the streets of Brazil. That Lula guy is one of the biggest criminals in the history of Brazil, who is one of very good friends and allies of Bernie Sanders and AOC. He's the Bernie Sanders of Brazil, although he's also been to jail. But Pat, you've done multiple panels about Brazil. I've been from Miami, Colombian friends, Argentinian friends, Venezuelan friends, a lot of Brazilian friends. They have mixed feelings on what's going on here.
Starting point is 01:22:42 But my northern star is, where does the United States rank in all this? Right? Like, great, I understand there's chaos in Brazil, I understand there's chaos everywhere around the world, you know, this whole concept of freedom, of freedom of speech and freedom of expression. My Northern Star is, all right, where does USA in all this? And the reality is in USA, we're actually trending the wrong way. Not a good look. So that, you know, I've gone through, I mean, I'm going to throw, I mean,
Starting point is 01:23:08 I can show you some stats in a second, Rob, the whole concept of freedom of speech and the freedom of speech index, dude, I reviewed the world population review, reporters without borders Pew, world press freedom index. There's all these different classifications and essentially what they do is they'll either put a country into one of five categories. And the green, which you can see over there in Scandinavian countries, is a quote unquote good situation. Then the second one, which is towards yellow, is a satisfactory situation when this cumulative index of freedom of speech was factors in freedom of press, freedom of expression, protection of freedom of speech, everything
Starting point is 01:23:48 with that. Then you have quote unquote noticeable problems, which is an orange. So if you go to the United States, noticeable problems. Okay. And then it gets worse. The fourth category is a light red quote, difficult situation, which you can see happening in certain parts of South America and Africa. And then you have a number five, very serious situation, which it looks like in China, in
Starting point is 01:24:17 Russia, in North Korea, that side of the world, Saudi Arabia, where good luck saying anything. So for me, my biggest concern is United States, you know, in 2023, or, uh, the, the last time they did this in the, it was pre post COVID, so 22, 23, we were number, um, 45 in the world. So there's about 180, 190 countries, depending on if you're going to factor in size and population, 180 countries. We're number 45. All right, not the best. Since then, do you think we went up or down this year? We're now number 55 in the
Starting point is 01:24:54 world. So if you scroll down, Rob, I believe there's actual rankings. This is what concerns me the most. There you go, right there. So again, I did the green, the yellow, the orange, the light red, the dark red. And I can kind of weigh in on this. The left side is these countries are doing okay. You have the Scandinavian countries, Norway, Denmark, Netherlands, Sweden, so on and so forth, even Canada. Then the second category is like, look, you're doing okay, but you can also room for improvement. That's where United States is. But Brazil, where's Brazil? Brazil's number 82. So essentially they're in the middle. They can go one way or another.
Starting point is 01:25:32 If they continue down this path of suppressing freedom of speech and basically criminalizing Elon Musk, cause he's giving access to freedom of speech. What direction does Brazil want to go? Do they want to go in towards the satisfactory good situation or do they want to go towards the noticeable problems? Difficult very serious situation like China, but by the way keep talking Adam. Tell us about 49 49 Romania here we go. That is better than United States 49 is Romania and you have by the way, that have a... By the way, George Washington once said this.
Starting point is 01:26:08 He said, the freedom of speech may be taken away and dumb and silent, we may be led like sheep to the slaughter. George Washington said this. So they can sit here and say whatever they want to say about all this stuff. And by the way, you know, this isn't, Brazil's not the first one that's been banned, that banned X. Just so you know, temporarily in the past Egypt did it in 2011, Turkey did it in 2014 and 2023, Uzbekistan did it in 2021, China banned X permanently in June of 09, like permanently. June of 2009, they're like, hey, you have a social media app, you're done, thanks, bye.
Starting point is 01:26:48 Iran blocked X, done in 2009. North Korea blocked X and other platforms, Facebook, YouTube, since 2016. You got Russia throttled access to X in 21, formally banned in March of 2022 after the invasion of Ukraine. Many Russians used VPN to bypass it. Pakistan blocked Exxon earlier this year. Venezuela blocked Exxon following the 2024 election amid allegations of fraud and widespread. We're talking about Maduro's situation here.
Starting point is 01:27:17 And now they're going after Elon. The whole thing that happened with Pavel, Pavel who telegrammed that went to, you know, they arrested him, I think they arrested him in, is it, they arrested him in Europe? In France. In France, right? So here's the thing that with Elon Musk, he's done such a great job that they can't touch him.
Starting point is 01:27:41 Because you know the number one EV automaker in America that creates more EVs than all the other cars combined, you know what that company is called? Tesla. You know while the two people were stuck in space with a company called Boeing that's been around for God knows how many years, you know who was the one that said, you know what, we'll find a way to come and save you guys and we can't wait until next year because this is the right thing to do. It was a company called SpaceX, ran by a man named Elon Musk.
Starting point is 01:28:07 Do you know who owns the most battery facilities for EVs that need to get their cars charged? Yeah, Elon Musk. Do you know in Ukraine, when Ukraine was going to war against Russia and everybody was like, Putin's a bad guy and all this other stuff. Do you know how many Starlinks Elon Musk gave to Ukraine while they're losing, I think it was like $21 million a month? We can find the number, I may be off by a couple of dollars. They said, don't worry about it, keep it on for Ukraine.
Starting point is 01:28:35 Even though Ukraine talked shit to Elon, he still kept it on. So you've got human rights with what he's doing. You've got climate change they claim is very important to them. This guy's actually working on it with his cars. You got space, you want to go explore space, he's actually doing it while it costs NASA $2.1 billion to launch a rocket. He does it for $69 million. He knows how to save money. Let me say that one more time, folks. NASA, government funded program, tries to launch a rocket. It cost him 2.1 billion dollars, two billion dollars. He does it for 69 million dollars, okay, specifically 69. He could have
Starting point is 01:29:14 paid 67, but he paid two million dollars more because he likes to pay 69 million dollars for things, 69,000 dollars for his cars. That's because of his sense of humor with that, with 420 and other things. And NASA drops the polluted parts into the ocean when they're done with them. He brings them back and recycles and recycles and recycles. So do you realize how many different ways this guy has built himself to be the guy that if they do anything to him, the world's going to be affected by it in different ways. Now, does that give him a lot of power? Yes.
Starting point is 01:29:50 Do you find out that Lincoln, if you really want to find out about someone's character, what do you do? Give him power? Yes. Are people really going to find out what he's really all about long term? Of course. But so far, what has he done to society? He's given you freedom of speech and Mark Cuban who loves freedom of speech
Starting point is 01:30:07 Oh big decided to do poll the other day folks because of Elon Musk Mark decides to pose a question pose a question in a creative way to get people to side with him and it backfires And I'm sure he did not have the best of weekend I you know he's probably didn't give a shit about it, but here's what he decides. You just go to Twitter, Rob. It's the best way to do it. If you go to Twitter, Mark Cuban decides to run a poll, and I'll read this. Mark Cuban decides to run a poll saying, who would you rather have your child have their
Starting point is 01:30:39 character, who would you like to see them duplicate? Would it be more Trump or would it be more Kamala Harris? Okay, well the results came back and here's what the results look like. 17.5 billion views, 804,000 people voted. Whose persona and character would you like to see your young child grow up to have? Kamala Harris or Trump? And these are his followers. This is his followers. 69% said Trump.
Starting point is 01:31:06 Wow. Only 31% said Kamala Harris. Tom, when you saw this, what was your reaction to it? First of all, honestly what I did is I clicked up there on Cuban because I said, let me make sure this isn't a parody account, that underneath it was like Mark Cuban number 26 or something, you know what I mean? Underscore, underscore 27. And I'm like, no, this is really Cuban. And I was stunned. I said, boy, I'm wondering if he wishes that he never asked this question, because not only did he get a sharp answer, he got a, let's use a word here, a landslide answer.
Starting point is 01:31:41 70-30. I mean, like you said, Pat, these are people that are loyal to them. And I know people have haters that follow this hate on them. I loved it. It's hilarious. You know, had I seen the poll when it was up, that's how I would have voted. Can we see the comments section? Just go down, let's see what the comments section people are saying. So zoom in a little bit.
Starting point is 01:31:58 I think Senator Kennedy can add some valuable insight to this question. Thankfully, an American picked a person. Keep going a little lower. Let's see what other people are saying. Mark Cuban, is that you? He's thinking it's Elon Musk. Are you going to be on the white dudes for Harris Call? You don't get it, Mark. You're a cluck. Keep going lower. Let's see what else we got. Hunter Biden or Barron Trump? Wait until Trump wins this poll and you say X is such a right-wing app instead of just reading the F in Rome. I don't want
Starting point is 01:32:28 my kids on their knees to climb the ladder in life. Wow. I wonder what that's about. I don't understand what he was saying there. Me neither. I'm not raising commies. How did Kamala climb the ladder? I'll give you a hint. But keep going lower. So anyway, it's risky to go through the chat and see what people are saying. Rob, go back and see what he said after this. He's a sharp guy. He has to say something after the poll is over with. Does he say anything about it? Zoom in to see if he says anything?
Starting point is 01:32:58 Is that it? Hey, Elon, there were only 804,000 votes for the poll, but only 656,000 engagements in the analytics? What? You had 17.5 million people that saw the tweet. He's trying to debunk his own poll. So let's see if Elon responded to that. Go a little lower, Rob.
Starting point is 01:33:17 Yes, responding to this poll with the next tweet is an engagement for the poll's analytics engagement on X-Legs Varies. Engagements are people opening the tweet itself, scoring on replies, threats under, voting on a poll doesn't require a person to open, engage on a tweet. Okay, go a little lower. And just like that, Mr. Communist is now an election denier. Tony Saruca, are you questioning the results of a free and fair election, Mark? Go above 8 million followers and you get a race shot on every post. Are you questioning the results of a free and fair election, Mark? Of course he is.
Starting point is 01:33:45 Go above it. That's my favorite. 8 million followers and you get a race shot on every post. Go above it. Go above it, Rob. Let's see what his next tweet is after this. Let's see if he's got another thing that he says. I'm just curious.
Starting point is 01:33:56 Go above it, Mark Cuban. He says something like that. Great point. How nice that it would be to get rid of anonymous accounts on Twitter. Okay, keep going up. Let's see what else he says. Okay, keep going up. Let's see what else he says. Who I vote for, one legit point.
Starting point is 01:34:10 My own concern is not with a work, however, but with a friend's having been swatted because her boyfriend said, there's something she was easier. All right, so anyways, look, I mean, you got to love the free market when somebody tries to go out there and do a poll and the market responds to you in a way that you did. How many followers does he have? What's the number all the way at the top? 8.8 million. 8.8 million.
Starting point is 01:34:31 10% voted. 69% voted for Trump. 31% voted for. What happened to Mark Cuban, Pat? Like what, from what, because I know you, you pay attention to, like you are, you have your foot, like you, you know what's happening. What flips this guy from all the positive that he used to talk about Trump? What happened?
Starting point is 01:34:49 How did that brain melt happen when it comes to Donald Trump? Did he do something to him? Did they do business together? I know, like, the average people that have Trump deranger syndrome, but these people this high that let Trump get to them that much, what is it? What do you think it is? So, you know, there's the people that typically win at the highest level are generally some of the most sensitive people.
Starting point is 01:35:17 And I know it kind of sounds weird, like, wait, what? Don't they like not give a shit? They're generally some of the most sensitive people. That includes Musk, that includes Trump, that includes a lot of people. So it's not that includes Michael. It's not and it's not sensitive in the way that you think of sensitive because typically you think of sensitive you think of what? We kind of oh please don't bother me. You know it's kind of like when girls say you're so jealous to men. No, no. Men are territorial. Yes. You're my girl. If you want me to treat
Starting point is 01:35:48 you as my girl, not one of my five girls, this is what comes with that territory. And yes, I'm protective of this. I don't like it when you do that, that, that, that, that. Oh my God, he's so jealous. Nope, he's territorial. That's how we are. We protect, right? So there's a difference to say jealousy versus territorial, right? Same thing with sensitivity. Sensitivity isn't, you know, oh my God, he hurt my feelings and I can't believe this and you know, feelings, feelings, feelings. No.
Starting point is 01:36:17 It's Mark Cuban, when Trump was running, started campaigning as if he wanted a job on Trump's campaign and Trump's team. Okay? That's what he sounded like. And one time somebody asked him a question about Cuban. I don't know who asked him a question about Mark Cuban. And Trump didn't say anything bad about Mark Cuban. This was early on in 1516. And Trump's answer was like, look, you know, he's a good businessman. He's done very well for himself. He didn't say anything at the time. Okay, he was just very much could have been Fallon or a camel One of those two types of guys asked him the question kind
Starting point is 01:36:53 So there are a lot of things you don't know about Maybe they had a conversation behind closed doors. They negotiated Trump made a promise to him and he didn't keep Maybe there was a job offer that he made he didn't want to do it He gave it to somebody else because whatever Cuban was gonna work to raise money for him and didn't do it and whatever Trump's. So Trump's also like the same way as well and Trump can change his mind like this for a job you know like when he's like hey RFK should have waited to the very end to give the job to be part of the endorsement to Trump because he could ask for more for Trump because now that you already did Trump doesn't have to give you a job when he becomes the president, which is kind of true.
Starting point is 01:37:26 So those are the things that we don't know about. It could be that simple. Some people say, well, somebody probably has something on with women and girls and all this stuff. Maybe, you know, maybe you could put a percentage on that. But usually it could be as simple as call happened, promise was made, promise wasn't delivered, permanent vendetta for the rest of their lives against somebody like him.
Starting point is 01:37:50 And by the way, sometimes in some of these issues that you have with certain guys you do business with, enemies, competitors, sometimes all it takes is just to say, hey man, I f'ed up. Okay, cool. All right. Man to man conversation. And typically high driving, hard charging, it's like boom boom, we move on. But that situation, I don't think is going to happen from Trump to him or Cuban to Trump.
Starting point is 01:38:19 I don't think it's going to happen at that level. That's how simple I think this is. I agree with you on the fact that I think that something personal is happening here because there seems to be a permanent vendetta. I think it was on Bill Marsh show that in 2015 he's like, look, you know, an outsider like Trump, he's, you know, kind of needs something like that. He said those words and he goes, well, obviously he's got zero chance of winning, no chance whatsoever.
Starting point is 01:38:43 So he obviously had to eat those words. And now he's just gone down the path of whether you call it TDS, whether you call it a personal vendetta, it seems to be clear on one thing. His mind is made up. He's not looking to deviate from that. He's dug in, he's clinging to that. And when you're clinging to a position, you give zero room wiggle room to be like, well, maybe this that the other he's gone fully down the DEI path. He's gone fully down the ESG path. And he's just made his mind up and he's just doubling down on that because at what point can you make a U-turn and save face? I don't think that's going to happen with this guy. So, and then I don't know, this might be somewhat controversial.
Starting point is 01:39:23 I actually don't put a lot of credence into that specific Twitter poll, because if you look at any poll out there in the world, in general, it's all within the margin of error of 2 to 5%, depending on who you ask. So if you have such a wide delta of, what was it, 70-30, whatever it was, there's zero polls that show that there's this much, even in the economy. Why would the economy be even close Trump to Kamala? It's still only 10 points, whatever it is. So this poll done, and then there are stats out there that show- It's just funny.
Starting point is 01:39:57 You're right. It's just funny is what it is. Honestly, that's really all it is. It's more about Mark Cuban recognizing, hey bro, Twitter is not going to be your friend on this. Twitter has gone a little bit more free speech towards the right and it's not exactly his audience. By the way, just so you know, Trump and Cuban have a lot in common.
Starting point is 01:40:16 They have a lot in common, but one is winning, the other one's losing. You're right about that. And one everyone's talking about and everyone wants to be like you. The other side is like the people that are following Mark's lead are very different types of people. And sometimes I'm telling you, sometimes you'll you go into a message and you'll follow the message you're like, yeah, and you're getting a positive reaction. Oh, that was great. Yeah.
Starting point is 01:40:43 And so it was on something. Yeah. And so, yeah. And you end up in a room full of LGBTQ, you're like, but that's where he's at now. No, no, no. You know what I'm saying? He's like, what am I doing in this room? I'm not you guys. I'm a basketball fan.
Starting point is 01:40:56 DEI, why am I in the room with everybody talking DEI? I've had the whitest team in the NBA 75% of the time for 20 years because I recruit European players that are easier to deal with contracts. What am I doing? Those guys are team players and Dirk was willing to take less money to have other people coming. How did I end up in this room? It's because the mob recruited you over and it took years for you to realize you're now so in, you can't leave now.
Starting point is 01:41:20 And once they get you, they get you. That's exactly how they do it. He's do it. That's such a difficult position to be in. What's the whole thing when you're in a hole? Stop digging? He's just piling it on. Listen, in the insurance company we ran, you would have some guys that would take a position and all of a sudden certain people defend them. You know what? You're right. Pat is wrong and da-da-da-da-da. And then eventually they're holding a meeting and you know who And all of a sudden, certain people defend them. You know what? You're right. Pat is wrong.
Starting point is 01:41:46 And da-da-da-da-da. And then eventually, they're holding a meeting. And you know who were the people that were in that meeting? All the non-performing leaders. You know what that meant? You are the leader of the non-performing leaders. And all the other people in the other room were all the performing leaders. And that guy is now saying, shit, I'm officially the leader of the non-performing leaders.
Starting point is 01:42:02 Man, that must suck. Exactly. That's kind of how this thing works out So let's let's go to the next story here Turkey, okay, so Turkey bids to join bricks, which by the way kind of weird right then NATO and all this stuff a turkey bids to join bricks in push to build alliances beyond West and that's a Bloomberg story Turkey has formally applied to join bricks with president Erdogan's administration view in the West, and that's a Bloomberg story. Turkey has formally applied to join BRICS with President Erdogan's administration
Starting point is 01:42:28 viewing the geopolitical center of gravity as shifting away from the West. The decision is driven by frustrations over Turkey's stalled EU membership bid and strained relations with NATO allies, particularly after maintaining close ties to Russia post-Ukraine invasion. Erdogan stated that Turkey must improve its relations with East and West simultaneously, seeing BRIC's membership as a way to boost economic ties with Russia and China and potentially becoming a hub for gas exports between the EU and Asia. Turkey's application follows BRIC's recent expansion and which added Iran, the UAE, Ethiopia
Starting point is 01:43:03 and Egypt to the list. Vinny, thoughts on the story? Vinny Rizzo, M.D. Wait, Pat, which one was this one? Pat O'Brien, M.D. Turkey deciding to join BRICS. Vinny Rizzo, M.D. Listen, the story that I had was the two Navy guys.
Starting point is 01:43:14 Did you see that one? That's the one. Pat O'Brien, M.D. Oh, okay. Here it says that one. Vinny Rizzo, M.D. We can talk about this first. Pat O'Brien, M.D.
Starting point is 01:43:22 We can talk about this. Well, Tom, I'll come to you first. So what are your thoughts about this? You're then wanting to join BRICS while they're part of NATO. Number one, they have always been kind of the back of the line with NATO, except one thing. They get tons of money and arms from the US because we've got some big time strategic bases there. You look where Turkey is in the world, we've got some very strategic bases there, number one. But on the other hand, they have been dying to
Starting point is 01:43:52 get into EU for economic reasons. Because remember, EU has two sides to it. You basically have Germany and France, large powerful economies, and everybody else getting subsidized. And that's why you'll hear the Germans always getting upset. If you put one more, you know, second-rate country in here, and I have to do the welfare program for it, I'm gonna kill somebody. And so that's where Germany is, that the EU has not worked out for Germany, because they've been footing the bill for these other countries. Well, Turkey has got a labor base and it's got things, but it's not exactly a manufacturing power like Germany or France. So the people in the EU have been, yeah, maybe Turkey, you stay outside the velvet rope. We want to trade with you.
Starting point is 01:44:37 We'll have treaties with you, but we're not sure you're going to come in here and get the EU currency and everything that goes with it. And they're sitting there, well, this is really pissing me off. I really, you know, I want some friends. Well, Brazil, you know, Russia, China, India, they are looking around for friends and they've got energy, they have trading partners. And so they're like, all right, I'll still be NATO, but maybe I'm going to go talk to my, to the BR the bricks people who want
Starting point is 01:45:05 to play nice economy games with me. I think it's that simple. And then all the subtext in there about who's got NATO bases, United States, but you still get money from the United States. I think that's what's going on. And it's got everybody thinking, you know, maybe we got to do something on the CU thing because we don't want them walking down the street too much. And so that's, it's kind of a little bit of a pretzel in the middle of this, but it's
Starting point is 01:45:32 significant because of where they're located. Look, Turkey is one of the most important regions and arguably countries in the world just because of the way they're positioned and who they are, culturally, politically, diplomatically, they're called what? The gateway to Europe. So they're the one country, massive country, by the way. I think they have the most powerful military, possibly even economy in the Middle East. They're a major player. Now, if you go to, I mean, just look at Ukraine, there's parts of far Eastern Ukraine that identify more with Russia than there's parts of the western Ukraine that identifies more with Europe.
Starting point is 01:46:09 That's amplified even more in Turkey. Because Turkey, Istanbul, which was formerly Constantinople, a massive part of the Ottoman Empire, what is that border? That border is Bulgaria, Romania, it's Europe. So then you have Ankara, which I believe is the capital. Fact check me. Ankara is more Muslim. It's right next to Syria, which is right next to Armenia and Azerbaijan and everything that
Starting point is 01:46:39 you know on there. Look, the thing with Turkey is there. Are they a friend? Are they a foe? Are they a partner? Are they an enemy? It really all depends on who you ask and what the issue is. This BRIC situation is not good. You think we need more massive countries aligning against the US dollar and the US hegemony?
Starting point is 01:46:58 No. But at the same time, do we need them to defeat terrorism and help with NATO? I think they were, they, they, they weren't one of the first countries that joined NATO in 47 or 48. I think they weren't one of the first countries that joined NATO in 47 or 48. I think they joined in 52. We don't need them cozying up to the Russians of the world or the Chinas of the world or certainly the Iran's of the world. The president of Turkey, give me his name again one more time. Erdogan. Erdogan. You know, not exactly a fan of US-Israel diplomatic relations, yet Erdogan, he's veering towards the side of authoritarian, it would seem.
Starting point is 01:47:36 He's also very pro-Islam. I mean, that's his thing. But what I would say is take your alignment and relationships where you can get it and agree on what you can agree upon because it's never going to be 100% with this country and respectfully disagree and push back where you need to push back. But this is a country bottom line with a lot of ugly past. We know what happened with the Armenian genocide straight up. It was Joe Biden that I believe recognized it for the first time. Assyrians, I learned that they were kind of part of that whole situation World War I.
Starting point is 01:48:10 Very ugly history this Ottoman Empire and then after the Ottoman Empire, the Middle East sort of got carved up by Britain, France, everything there. They're a major player. They shouldn't be discounted, but proceed with caution with this country. So you mind, so, by the way, can you nail that? There are NATO ally, correct? Monday, two US service members were attacked in Turkey by a group of anti-American protesters during a violent interaction caught on camera. Rob has it. The man was identified as a serviceman from the USS Wasp.
Starting point is 01:48:42 They just docked in Turkey and the incident occurred in the Turkish port city of Izmir. Five of his other soldiers had to jump in and say, look at this guy. This guy just shopping in the town and then he gets caught up by some guys from Turkey. Look, has no idea what's going on. And they're chanting Yankee go home. Yankee go home. And then that's his other Navy partner coming in to get involved. And it's like, bro, what kind of like that is happening in the streets of Turkey to our soldiers. That's absolutely ridiculous. And that's not the first time it happened in 2014. Three US Navy soldiers from the USS Ross were attacked by the youth union members also chanting Yankee go home. It seems as if the sentiment towards us is
Starting point is 01:49:24 not a positive one and they don't like us. Why are we even going over there? Well, I mean, maybe that's why they're... I mean, you have to realize the last year has changed a lot, increased emotions a lot, temperature a lot, revealed a lot of people's motives, anger that people have been sitting on for a long time, some purely driven by emotions, some driven by years of hostility and hate towards a community that's now being public. And by the way, I'm convinced, Tom, I don't know if you agree with this or not, that 90% of the hate and stuff that's being said from both sides, you know, Palestine, Muslims, Israel,
Starting point is 01:50:07 Jews. Those 90% are following the 10% of true believers who they're just getting caught up. They're like, so do you know what it means, you know, river, you know, do you know what it means when there's, do you know what they, no. Do you know what the capital, no. Do you know what, do you know, so why are we here? Honestly, I don't know why I'm here. So a lot of people are just following it, but some of them are truly Going through it so turkey
Starting point is 01:50:33 Turkey and israel they typically had a good relationship together. It's not improved in the last 12 months They don't have the best relationship that they once had together So he has to sit there and say, where am I going to be welcome? Selfishly, what's Erdogan's job? His job is to defend his beliefs, which is what? He's a Muslim, he's the leader of Turkey, that's what his responsibility is. His responsibility isn't you or I or whatever anybody else thinks about it. His responsibility is what
Starting point is 01:51:06 do his people want him to do? What's best for Turkey? What's best for his people? That's how he's processing that decision. And maybe if he's going to be more welcomed in bricks by who? Russia? By Iran? By China? Yeah. I'm going to a party that I'm welcome. You ever been to a party where you're not welcomed? How do you feel when you go to that party? Awkward, I want to leave. Excuse me. How bad is it when you go there? It's horrible. It's like everybody kind of gives you the look, ah, whatever, he's here, right?
Starting point is 01:51:33 How does it feel when you go to a party when you're welcome? How comfortable are you? How content are you? You go on a vacation with somebody, you're like, man, I freaking really enjoy my time. I just feel welcome. And then you go to one, you're like, oh, these people are snobby and they think they're better than me and all this. I'm never going on vacation with you guys ever again. That's how Erdogan is feeling right now. Doesn't make it right or wrong. It just means he sees that as a bigger opportunity for him than NATO, because who is the enemy of NATO? Russia. Why was NATO created purely Purely for one country.
Starting point is 01:52:05 Okay, it's who? Soviet Union. So why am I with NATO when the origins of NATO is hate towards Russia, while Russia is actually being a good ally to me? The hell with NATO, I'm going to leave. So that's how I see that he's processing it. They also have a little bit of sort of bipolarism as a country and sort of imposter syndrome because think about it. You know, the whole phrase like if you're the smartest in the room or the richest in
Starting point is 01:52:35 the room, you got to find a better room. So what happens is, and this is not my opinion, this is sort of what I've been told by friends who have spent time in Turkey, journalists, what have you. They go, look, you know, when they compare themselves to the Arab world, they actually are like, we're number one, we're the best country around. They're sort of elitist. Don't compare me to Iran or Saudi, we're better than them. But they are though. Right? So in their mind.
Starting point is 01:53:01 In the Middle East, best military. Yes. Best economy. So they they are they are saying the truth. There's reason to believe that. Exactly. But then so that's when they look east. But when they look west, they're like, oh, there's the UK, there's Germany, there's France. Our GDP doesn't compare to these guys. They're marginalized and they don't feel as powerful. So you're going to have this, you know how, Pat, you do this thing with me sometimes,
Starting point is 01:53:25 you can go this way, you can go this way. That's literally what Turkey's going through right now. They're being pulled to the east, they're being pulled to the west. Do you want to be the best country in a basket of not so great situations or the fourth best country in a way better situation in the EU? I would hope that they come towards our direction, but we're not going to be 100% with a country like this. All right, so let's go to the next story here. Israel set to strike as around 500,000 protesters from hostage found murdered in cold blood. This is Sky News, Rob. Do you have the clip
Starting point is 01:53:56 of the protesters? If you can show that clip while I'm reading the rest, just go ahead and show that while it's going on. Adam, is that Tel Aviv? That's Tel Aviv or is that the... Adam L. Hichalakowsky That's Tel Aviv. Rami Rezai That's Tel Aviv. Rami Rezai While that's taking place, hostage deaths spur anger as Netanyahu holds firms on talks. US citizens, Hirsch, Goldberg, Poland, among six hostages, found dead in Gaza. Rob, if you want to play what Netanyahu says and then we'll react to it. I was asked whether Israel is not, I am not doing enough to the release of hostages. Well, I want to set the record straight.
Starting point is 01:54:39 On April 27th, Secretary of State Blinken said that Israel made an extraordinarily generous offer for a hostage deal. On May 31, Israel agreed to a U.S.-backed proposal. Hamas refused. On August 16, Israel agreed to what the United States defined as a final bridging proposal. Hamas refused again. On August 19th, Secretary Blinken said, Israel accepted the U.S. proposal. Now Hamas must do the same.
Starting point is 01:55:20 On August 28th, that's five days ago, five days ago, Deputy CIA Director said that Israel shows seriousness in the negotiations, now Hamas must show the same seriousness. I want to ask you something. What has changed in the last five days? What has changed? One thing, these murderers executed six of our hostages. They shot them in the back of the head. That's what's changed. And now after this, we're asked to show seriousness? We're asked to make concessions? What message does this send Hamas?
Starting point is 01:56:08 It says kill more hostages, murder more hostages, you'll get more concessions. The pressure internationally must be directed at these killers at Hamas, not at Israel. We say yes, they say no all the time, but they also murdered these people. And now we need maximum pressure on Hamas. I don't believe that either President Biden or anyone... Adam thoughts. Right. Well, he's sort of outlying a timeframe of what happened here.
Starting point is 01:56:36 So here's a question that really doesn't really actually come up that often is what is the general consensus of the citizens of Israel? Think about how often you even hear what they have to say. Because you often hear things in uniformity like, well, Israel thinks this, and this is what Israel's doing. So let me ask you, oppose your question. What does America want to do in anything? I can guarantee you whatever it is, you're going to get two to three different opinions. If you talk to a MAGA Trump thing, this is what they believe.
Starting point is 01:57:10 You've talked to a progressive leftist. They're going to give you a totally different perspective of what they feel. Hey, how does America feel about abortion? Good luck. You don't think that's contentious? How does America feel about taxes? How does it feel? So there's no common consensus in Israel. That's one thing that I want to convey to everything I just feel a bit. So there's no common consensus in Israel.
Starting point is 01:57:25 That's one thing that I want to convey to everything is they're a democracy. You're going to have a bunch of different opinions. They're also a parliamentary in the Knesset. They have a bunch of different cabinets that make up what this is. So there's no uniformity. So what I've been looking for is trends of which way the people of Israel are actually headed because despite what all the gays for Gaza and the River to the Sea brigade, whatever they think is literally almost irrelevant.
Starting point is 01:57:52 Literally, what matters the most though is what are the people of Israel in this democracy going to vote for? It's almost like you have these progressives leftist, whatever, tearing down New York, tearing down DC. Okay, great. Who's America voting for in this election? That's what actually is going to happen. What's going to happen? Policy change. But here's something interesting that I found. Ready? So is the two-state solution possible anymore? Pretty important question. In Israel, pre-October 7th, 38% yes, they think it's possible. That's down to 30%.
Starting point is 01:58:35 Yeah, we can still do that. But disagree went from 30% to 50%. So that's almost double. They're like, yeah, we were kind of open to this. Now uniformly no, we're out. It's not we're not down for this. All right. That's pretty important to know how Israelis feel about this, because that's what they're going to be voting for in their next prime minister, which is up in I think October of 2026. How about this? What is the chances of permanent peace? Sort of important. In 2007,
Starting point is 01:59:07 is permanent peace achievable? No, 56%. Yes, 31%. Okay, so it's almost 60-40, not bad. What's that number now? What's that number now? Is peace achievable? 74%? No, not happening. now, is peace achievable? 74% no, not happening. 13% yes. So if you ask the people of Israel, hey, what do you want to do? Just follow the numbers. Vinny, do you think permanent peace is possible in that area? Sadly, I don't think so. I think because of, like, if you think about, you know, one side's belief, like, I was just going to go into this part, like, if you think about, you know, one side's belief, like, like, I was just going to go into this part, like, so they, they were murdered, Pat, was, was the IDF going, because apparently they went into this, uh, but they were, they're there for 10 months. So, you know, God knows what they've been going through for the 10 months. But when they went, they said
Starting point is 02:00:00 that they found the six bodies in tunnels, um, after Adam, was it like a, were they going to get them? Basically, there was a rescue operation. They told them not to go into Ralph for months and months and months. But they knew that they took the hostages by the way, breaking news. If you didn't know this, Israel puts their hostages at the highest priority imaginable. 10 years ago, they traded, I think, a thousand prisoners, criminals for one soldier. So just let that in mind. What is Israel's motivation? Get their hostages back, period.
Starting point is 02:00:33 So they went to go try to do this operation. They found them in the tunnel. Cause they shot them. And then they shot them back of the head. Boom, boom, boom, boom. And let's just remember one thing, regardless of where you are on the situation, I'm pro America. One of the hostages, many of the hostages, but one that just got shot in the back of the head is full on American, born in America. His parents
Starting point is 02:00:54 spoke at the DNC. All right. These are Americans who are being held hostage. Hersh Goldberg-Pole. Exactly. So I'll just ask you one question. What side is burning the American flag and what side is praising the American flag? That's all you got to know to figure out which side of the equation you're on as an American. And it really, really sucks because I mean, our policy, and you know this as an American veteran, Army veteran soldier, we don't negotiate with terrorists, which is, well, it's so, I don't know Israel's policy, I'm pretty
Starting point is 02:01:25 sure they're close. I mean, you want your hostages back, but you're dealing with people that are, like martyrdom is one of the things where if you kill, I don't know what kind of belief somebody could brainwash you to believe, that if you murder innocent people, there's something better for you in paradise. I don't know what type of God rewards you with paradise, with virgins to murder people, but I mean, it's just to answer your question, Pat, when it comes to religion and one size believes that, there's absolutely, and I wish, yes,
Starting point is 02:01:57 but there's no way when you have that mentality that there's gonna be peace. I mean, wishing for it and knowing it's gonna happen, I don't see it happening. Tom. I looked at the reaction and so I found it pretty interesting. Predictably, Kamala Harris, Joe Biden, outrageous, despicable, murderous. Okay, words, not policy, not talking about a two state solution, but words. Well, there was a candlelight vigil led by rabbis and synagogues. That was at Columbus Circle, Saturday night, Adam? You know, Columbus Circle right up there by Central Park, 59th and Central Park. But then there were a tremendous amount of Palestinians out.
Starting point is 02:02:41 So why were the Palestinians marching in New York over the weekend? You saw that after this. And they were talking about specifically a two state solution. This? Yes. And you know why? I'll tell you why it's going on. Because below the surface, what are they asking for here? They weren't saying down with Israel. They were saying we wanted to, the majority of them were looking for a two state solution, two state solution. and you still had people with the, that's Columbus Circle, excuse me, that's Columbus Circle, the candlelight vigil. Tom, make your point, I'm following you, I want to see what you're gonna say. Why were there Hezbollah and Hamas flags as well as Palestinian flags in that big march in New York. Because they sat there
Starting point is 02:03:26 and took a deep breath and said, oh crap, oh crap, Uncle Sam is not going to pull on the leash on this after they do this. And the ones that were in New York were very, very, very animated about two-state solutions, this is what we want. But they were also being very careful because they know that hell is about to come. There's about another chapter of hell because who's going to pull on the leash on Israel right now if they make another big military thrust? No, they killed the Haas. Are those the rest of the Haas? Adam, is that the rest? You broke a big rule. He's going to break your nose. And so I was watching the reactions like this. And by the way, I couldn't find anything
Starting point is 02:04:06 Neutral that Kamala Harris has said about Israel going back five years. They said what's her position Israel? She's let she's been left of Biden and critical of Israel for six years dating back to before She was you know vice president and so the point I was making is I think Those protesters in New York this Palestinian protesters that want the two-state solution, they know what's coming and this is not what they wanted. So if somebody's watching this, let me kind of go through, when you're sitting in a situation room and you're negotiating and let you say, you know that group
Starting point is 02:04:40 wants to work from home, you know this group doesn't want anybody to work from home because the people who work from home don You know this group doesn't want anybody work from home because the people who work from home don't get as much done as these guys. And the guys in the middle like, I just don't give a shit, I just want to get to work. Everyone's motives are out there. So if someone's watching this and you're Muslim, right? And you've heard how critical I've been about Iran when it comes down to what they did last year, an increase in the number of hangings and public executions, and we're supposed to think that's a country peace. It's a, you know, yeah, we're a nation of peace. Okay, well show it to me.
Starting point is 02:05:13 Not just to your enemies, show it to me to your own people, right? You know how you see certain animals that eat their own kids? You're like, wait, what? Yeah, you see, like, how the hell could you do that? I was hungry. You ate your own kid, bro, you had some problems doing that, right? Okay. So then if somebody's watching this, you know, the the muslim community they're gonna say, you know, islamo, you're so Israel it's fun. The design is all this. I totally understand your emotions totally get it
Starting point is 02:05:40 Yeah, you're supposed to be emotional because If you can lower it and you can reason, it's actually better for you. But I understand that emotion is going to be on that side. If somebody is Jewish or Israel and they're watching Netanyahu and they're saying, yeah, Netanyahu is Israel first. Erdogan is Turkey first, right? You hope Kamala is America first.
Starting point is 02:06:01 I don't think she's America first. You hope Biden was America first. I don't think she's America first. You hope Biden was America first. I don't know if he was fully. I think he was more America first than she is, but you hope he's America. You hope our politicians are America first, then Ukraine first. Hey, give me some money. Then some of these other places first. But the idea is, I understand what Erdogan would defend him.
Starting point is 02:06:20 What do you think Putin is? Russia first. What do you think she is? China first. What do you think Iranian is? Russia first. What do you think Xi is? China first. What do you think Iranian Khamenei are? Their pockets first, then their Iranians first on how this whole thing—so set those aside. Then there's the community of people who are a little bit like, oh man, can we just move on with this?
Starting point is 02:06:37 This is an impact on my school, safety for my kids. I'm having a license to carry. I'm carrying guns. I've never carried my guns when we're going out to dinner with my family because I just don't want to have all these tensions that's going on. But then here's the part. As a kid, when my parents got a divorce, I don't know if your parents have gotten a divorce, if you're watching this and when it happens when you're 10 years old, 11, 12, 13 years
Starting point is 02:06:57 old, you think it's your fault, right, as a kid. You don't know what's going on. You love both sides. You love your mom, you love your dad. And your dream as a kid when they first go through a divorce is to hope they one day find a way to live together. Okay? In that dream, you'll have the conversation with your dad.
Starting point is 02:07:16 And you'll say, Dad, why can't you just make it work? And your dad's like, dude, I'm not in the business of explaining a 13-year-old kid what the hell we're going through, bro. You don't want to know the whole story anyways. Okay? It's not working out. It's never going to happen. And then the kids are, how could you say that?
Starting point is 02:07:32 And then you go bring it up to your mom. He doesn't want to. I would love to. I would never. Why can't you? And you try to do all these creative ways to get people to find a know, to find a way to be together. Now you've got to realize, my parents are unicorn because they married and divorced each other twice, okay?
Starting point is 02:07:51 I'm a first child on their second marriage to each other. So they got pregnant with me on their second marriage. You know, eventually it got to a point where it was like, look, I don't want you guys to get remarried. Hell no. It's best you guys stay divorced and try to be as civil as possible. So when we were getting married and they were going to be in the same room together for the first time in 19 years, and I said to my dad and my mom, I said, neither one of
Starting point is 02:08:24 you guys are coming to my wedding. They're like, wait, what? I said, my dad and my mom, I said, neither one of you guys are coming to my wedding. They're like, wait, what? I said, no, you're not invited. So my dad calls me and says, I haven't gotten a wedding invitation. I said, yeah, I know. You're not invited. My dad's my hero. My mom's like, yeah, I didn't get a wedding invitation. I said, I know. Neither one of you guys are invited. Wait, wait. My only son is getting married and I'm not invited? Exactly. Because you're not going to ruin my wedding day for my wife. You're not going to do it. And the first time you guys are going to meet is not going to be there.
Starting point is 02:08:50 So then I set up a, for a week, I'm like, if you guys don't meet together pre-getting married, you're not coming to the wedding. Week later, they both called me, they agreed, they come to the house. And you've heard me tell this story before. And they sat down, boom, came to the wedding. Nothing crazy happened and we moved on. Okay? A part of what's going on between these guys, everybody else's job is to try to find a way to have them co-exist civil. But if you're thinking, you don't know what they did in the past when they did this to us, but how about the one time when you guys did this to us, but what about that one time when you did this, but what about that video when you saw this video, show me the video, but how about that video, but how about this video,
Starting point is 02:09:33 all you care about is money, all you care about is how about your religion, where's your peace? And you eventually are like, look guys, you guys are permanently divorced. Unless if a meteor hits us and half the world population is killed, that eventually Jews, Christians and Muslims are going to say, can we find a way to unify? Unless if an event like that, apocalyptic type of an event happens and other aliens from another place show up here, they're not going to get along. Everybody else's job around the world, in my opinion, is to try to find a way to lower the temperature, and you're not going to be able to lower it a lot. It's like, hey, what can we do to lower the temperature in
Starting point is 02:10:14 an outdoor patio in Dubai? Can I lower the temperature by 3%? Maybe. You think you're going to bring the temperature from 128 degrees in July to 92 degrees. Good luck to you, bro. Right? But maybe a little bit. So to me, as this thing progresses, by the way, saying a few months this story is done and Trump comes in and there's peace, do you think it's done? No.
Starting point is 02:10:39 Or do you think something's going to happen in four years and eight years and 12 years and 16 years and 20 years and 25 years and 40 years. This ain't going away. This been going on for a couple thousand years. It ain't going away anytime soon. But the job of a right leader is to try to lower temperatures. And I don't know if neither Biden or Kamala have been able to do it the last 12 months. I don't think they've done that.
Starting point is 02:11:00 I think they have to make a stand and try to make that happen. It hasn't happened. I think if Trump comes in and says, listen, not a Muslim, I'm not a Jew, I'm not an Islamophobe, and I don't have problems with Jews. My daughter's married to one and I've hired a lot of Muslims. We got to get in the room and figure this thing out because you're not going to continue messing up in our country and in the US with all the stuff that's going on in my universities. We're not doing that.
Starting point is 02:11:21 Go, meeting, boom, I'm coming in, get everybody in the room, we're going to have a conversation. That's what needs to happen. And until that happens, a bunch of people are getting involved in a fight that that's not the sword that you want to die on. If you're a Muslim, you want to die on a sword of Muslims, totally get it. If you're a Jew, you're a Israel, you want to die on that sword, go for it. For everybody else that's gotten caught up in this entire mess, my position is very simple where I'm at.
Starting point is 02:11:46 Everybody has their own independent positions that they can present to the audience. But I think we have to be very careful of getting involved in fights. Let's just say you're married, you and your wife get into a big fight in front of us. We're doing a double date. No, no, but it happens to me all the time because I'm running, Tom knows what I've done the last, Tom's been in meetings with me, like, Tom, Pat, this is what you do to build an insurance company? I'm like, you know, but you'll sit there and something happens.
Starting point is 02:12:15 Okay, boom, boom, boom. So when Jen and I were getting married and I delayed the engagement, one of the reasons why I was like, I'm not ready yet is because I asked one question. Have I told you the story? No. I said, if we get married, if we get, if we're married, we get into a big ass fight. Who are the five people you're calling? Oh yeah, I remember this story.
Starting point is 02:12:38 And she gave me the names. I said, okay. I wrote it down. I said, is this person married? No. Is this person this? Yes. Is this person this? No. I said, is this person married? No. Is this person this? Yes. Is this person this?
Starting point is 02:12:46 No. I said, yeah. If you call these guys and you tell them a bitch about me, who are they going to defend? Me or you? Probably me, meaning they're going to defend her. I say, yeah, we can't make this work yet. She said, what do you mean? I said, if we into a fight, these are the names of people I'm calling.
Starting point is 02:13:05 Every one of them is going to defend you. Dudley's going to defend you. My dad's going to defend you. I'm just going through a list of people. I said, so I'm not even going to bring it up because a part of a marriage feud is it needs to be private between a husband and a wife. Maybe a few people can, but it needs to be super between a husband and wife. Maybe a few people can know, but it needs to be super, super, super private, right? You come to me and you're upset at
Starting point is 02:13:30 your wife, I'm going to say, Vinny, good luck finding a perfect wife. You got to find a way to make it work. Unless if it's like a massive incident that's like, look bro, do your thing, I got your back no matter what. But she comes up to him and I'm like, look man, Vinny's my brother, you gotta go to him and make it work. But we gotta kinda say, hey, you guys are neighbors, bro. Figure this shit out. We'll support from the outside, but if you kill one of our American soldiers, now I'm involved.
Starting point is 02:13:57 You're not doing that to us at all. But you guys wanna go do this, you better kinda calm it down a little bit because you're affecting everybody else around the world. We're not going to tolerate that, but figure your shit out because you're creating havoc for everybody else. I think that type of a situation needs to be had. I don't think they've had it yet. Anyways, I'm going to go to the next story, two more stories before we wrap up because
Starting point is 02:14:17 I've got about to get a haircut outside and I've got a couple of other guys here that I need to finish up with. So Vinny, I'm going to come to you with this one here. So has not made any effort yet. Gabbard calls out Harris for skipping Arlington. Says Trump team was approved to cover. This is a Daily Caller story. Tulsi Caber criticized Kamala Harris for skipping the Arlington Cemetery ceremony honoring the
Starting point is 02:14:41 13th service member killed in Afghanistan withdrawal. Saying Harris has not made any effort to console the families and didn't even respond to invitations from some of the Gold Star families. Gabbard also pointed out that Harris' recent statement of the support for the military was met with offense by these family. If you have a clip, Rob, you can play this clip. Go for it. Volume up. It's clear that the former president was invited in his personal capacity, as you said, by a family of one of the service members who was killed about two years ago during the
Starting point is 02:15:19 withdrawal from Afghanistan. It was three years ago. Three years ago. Thank you. Thank you for asking. Yes, three years ago. Three years ago. Thank you. Thank you for accepting. Yes, three years ago. The question is about the federal law and Arlington's rules that prohibit partisan or political activities at national cemeteries. And the military and also other members of other families who are buried right near there are upset about the campaign filming it and posting the video online.
Starting point is 02:15:51 Do you believe that was appropriate? You know, I checked with the campaign on this question and they have exchanges with the officials at Arlington Cemetery. They were approved to bring a camera there to document this historic and momentous day that should not be forgotten by any American. And to have a former president there and join these gold star families,
Starting point is 02:16:15 I know President Trump wanted to share that with others, especially given the fact that President Biden and Harris, I heard, were invited by some of these family members. They not only didn't come, they didn't even respond to that invitation. And now to have Kamala Harris put this statement out yesterday saying that she stands with these families, she stands with the military and with veterans. You only have to look at the response that came from the Gold Star families of these 13 service members of how offended they were by that statement, given she has not made any effort, not on that third anniversary or any other time to call them directly to
Starting point is 02:16:50 offer her condolences and even apologies for their decisions that led to the loss of their loved ones. Do you think that? And it's great. Like, so this, this all sparks PBD because these families, these Gold Star families that lost their children called the ex-president because they know that that guy cares. Okay, I remember a couple years ago and I had cousins messaging me Pat who are liberals
Starting point is 02:17:12 that were like, it was overheard that Trump said that soldiers are sons of bitches and blah blah blah blah, I'm sorry for my language. False story, every single thing this guy does, they have something to say about it. So these Gold Star families and the bombing I, was that the Abbey Gate and the 13 soldiers that died in Afghanistan in 2021, which, mind you, those people died because of Joe Biden, Kamala Harris incompetence and their leadership. Period. That was one of the worst military decisions we've ever done. We've armed Al-Qaeda. Al-Qaeda has made a comeback. Tom, I think we spoke about this a couple of months ago.
Starting point is 02:17:47 But, and I'm happy that she made this point. Those families called Trump, they wanted the photos, they wanted it, and he did it out of respect. They called Kamala Harris, they called Joe Biden. You know where Joe Biden was, right? He was at the beach, fondling with his cell phone. Kamala is four miles away in her mansion and watch, she's right there.
Starting point is 02:18:07 No, no caring about that. No, she was, Pat, she was close. She's in Arlington is what? I want to say four miles where Kamala's house is from. That's Joe Biden hanging out, you know, Secret Services guarding him at the beach. Probably in Delaware. And just a reminder during the, and you guys remember this?
Starting point is 02:18:26 During the- No, no, no, no, that's guys. No, that's Joe Biden's beach, bro. What's going on here? Time out, time out. I mean, he is watching the border be invaded on vacation. Time out. For a second- By the way, I thought that's secret, so I'm like, why are they running and running?
Starting point is 02:18:44 Like that? Seems- Time out. For a second, you thought that secret someone why do you run in a room? For a second, you know, I was gonna say they built a wall on the beach for my this My god that is so good finish up My they're in vacation. And just a reminder, in 2021 during the dignified transfer ceremony at Dover Air Force Base, Mr. Joe Biden, who the media always protects, remember he was sitting there, PBD, and he checked his watch as if he had something better to do than be there like he was late. And then on top of that, NBC is now walking back. Kristen Walker was speaking with Tom Cotton, I believe. Rob, you can find this video. At the end, she said that Kamala intended the dignified transfer of the 13 soldiers
Starting point is 02:19:33 that we saw, but they said that it implied Kamala was there. She didn't imply she'd lied about it. And Kamala was not there. They actually, they actually, oh, Rob, I sent you the tweet. Do you have the tweet? I sent you one on Slack. Keep going up, Robbie. Keep going, keep going, keep going. There's a photo right there at PBD. They had to walk this back and say, our broadcast this morning, we incorrectly, fake news, that
Starting point is 02:19:56 both President Joe Biden and Vice President Harris attended the dignified transfer of 13 American service members killed during the Afghanistan withdrawal. Biden was intended, but Harris was not. It's another example of how biased these people are. You can't even go and give respect to soldiers that died because of an incompetent leader without them saying, well, it's disrespectful. It's not this, it's not that. And I just think it's ridiculous.
Starting point is 02:20:21 He can't do anything right. And I've said it once, Tom, with you, where I said he could run into a burning building, Donald Trump, and save 10 kids, you know, three black kids, a couple of Asian kids. And you know what they would say? Why didn't he get more black kids out? They'll look, they'll find something. You know what I mean? Yeah, exactly. I kind of wanted to hear from RFK on this because there's a lot of conversations from the campaign about, oh, well, there's protocols at Arlington. There's protocols for this Do you know the number one reason? Visitors to Washington go to Arlington number one location that they go and it's and it's silent and it's not the tomb of
Starting point is 02:20:58 the unknown soldier It is the hill the hill where JFK is buried RFK is buried the child that they had that died after three weeks when they were in the White House, remember she was pregnant and had a child, the child is buried there. That is the number one, I don't want to say attraction, but that is the number one place of remembrance that is visited by people. The Tomb of the Unknown Soldier is second, but people come there and it's,
Starting point is 02:21:25 I've been there a few times, it's absolutely quiet. I would like to hear what RFK thinks about what Trump did, because RFK's got families there, and it happens to be a lot of people come to visit his, and remember his family members. It's ridiculous. Well, I mean, look, at the end of the day, like, you know how something happens, there's a
Starting point is 02:21:47 loss, you're working in a company, something happens, and you know about it. If you don't know about it, you don't know how to make the phone call. But if you know about it, like, I'm too busy, can't make the phone call right now. Or you say, hey, send flowers, remind me to make the call the moment I'm out of this meeting. Or hang on, guys, I need a quick phone call. You step away and make a phone a phone call right I think leaders find time to do it I mean how busy is Kamala Harris right now seriously it's not like she's doing three interviews a day she's doing a 16 minute interview 16 1 6
Starting point is 02:22:16 minute interview and the other two minutes Tim waltz speaking and her responses. Next question. Next question. She's running off airplanes wearing ear pods to avoid questions. No, no. I mean, this has become comedy, but this situation here, what happened, this isn't comedy. And this is why soldiers relate to Trump way more than they do to Kamala or they do to Joe Biden. There's also... way more than they do to Kamala or they do to Joe Biden. It's an embarrassing situation because then they try to spun it and they're like, well, they weren't supposed to use cameras. So you're more worried about whether cameras were supposed to use than the fact that your candidate didn't go to visit. So she was the border Czar, didn't
Starting point is 02:23:02 have a chance to go to the border, but she didn't go to Europe. Now she's this, she didn't have a chance to go to the border, but she didn't go to Europe. Now she's this, she didn't have a chance to go to it. How busy is this? How many companies does she run? How many employees does she have? How many responsibilities does she have? What does she do throughout the day? Does she work out nine hours a day?
Starting point is 02:23:16 What does she do throughout? I'm actually curious. What does Kamala Harris' day look like? What does the schedule of Kamala Harris look like on a daily basis? In full campaign mode, we obviously know, but for the past almost four years, Pat, what has she done? Great question. Nobody could tell you what she's done or where she's been. She's just hanging out in Washington. There's nothing. Nobody could tell me one single thing that she has done. And I don't mean accomplishment. You know when you work for a sales company, Tom, and they use Salesforce software?
Starting point is 02:23:48 You know what Salesforce allows you to do? Salesforce allows you, like say you're managing, you have 200 salespeople that work for you in 14 states. They live in, they're not in your office. So the way companies have figured out a way to hold people accountable is you post your appointments throughout the day. What if we don't find out the appointments now, but what if you revealed the appointments you ran and what you did 30 days delayed?
Starting point is 02:24:13 What if everybody can find out what the VP does throughout the day? Hey, you work for us. We pay you the salary. Taxpayers pay the salary. Shouldn't we know the schedule that you had in the month of June or July? I think so. I think that's pretty cool for us to know. I think it's a form of accountability.
Starting point is 02:24:27 So you're like, you were off today. What the hell did you... So even if you see CNBC conversation about this, we had a meeting with this, we had a meeting with that, I don't know what she does for a living. Honestly, I don't. I know we're paying her a good amount of salary, but I don't know what she does throughout the day. Adam?
Starting point is 02:24:43 The only thing that I just sort of want to point out is, you know, we have two veterans here, right? Army, Air Force. I think there's just, and this is overall. I thought you were going to go somewhere else. Or a seaman? No, I thought you were going to go like two veterans and a senior citizen. I thought you were going to go.
Starting point is 02:24:58 No, you were about to. Honestly, like. Me and Tom turned a new leaf. Okay, go ahead. Continue. Go ahead. But you know, here's the question. What was the last president to serve in the military senior? Who was it was it George? HW bush
Starting point is 02:25:10 Gw bush jr. Was in the Navy. Why was he the pilot? I think so I thought he was Texas National Guard Texas. I think he was a pilot. Yeah, I think they're okay. So there there is Last to serve in combat, but he was the last, his father was the last to serve in combat. And you're talking about a guy who was literally jumping out of planes in his 90s. I mean, that's a whole other level. But I feel like as an American, there's just an overall detachment from our servicemen and women, from the general citizenry and the general population.
Starting point is 02:25:43 And that's one of the greatest things that I've learned since being in Valuetainment is just salute to our people that are out there serving our country. And I've had the privilege of working and being around Marines and veterans of all sorts of things. And I think in America, we're so detached from what our service men and women are doing out there. It's not even a part of our daily life and existence. So I think there's a trickle down effect or even a trickle up effect that what does Kamala Harris know about serving the country?
Starting point is 02:26:14 What does she even know? And there's a lot of people who say, well, what does Donald Trump have to know? Fair. I understand that. But there seems to be one party that stands a little bit stronger with the military and hardcore American values. And there's another party that is simply sort of acting as if they do. So I wish there wasn't such a disconnect and a sort of detachment from our actual military,
Starting point is 02:26:40 especially from the commander in chief. That's the thing. You have the president and the commander in chief. The's the thing. You have the president and the commander in chief. The president is the chief executive of the country. He's also, or she potentially, is also the commander in chief of the armed forces. And that's super important. Yeah, and you made a great point. If you think of these organizations, these unions, police, firemen, military, you think they lean more Republican on Republican? Yeah, they're definitely more Republican. Especially when you say stupid stuff like defund the police, where do you think all
Starting point is 02:27:09 those people are headed? But then, look, the Democrats are better than marketing because they'll take one comment that Trump said, I like my people not captured, boom, McCain. Let's go to the last story. He went to Normandy and he didn't face the right way. Last story before we wrap up. Trump says abortion should be legal for more than six weeks. And this is a WSJ story.
Starting point is 02:27:31 And then at the same time, he makes a proposal for IVF. Let me read this to you. He suggests he might support rolling back Florida's six-week abortion ban, stating, I'm going to be voting that we need more than six weeks. But his campaign later clarified that he has not yet said how he will vote on the ballot initiative that sparked confusion and outrage amongst anti-abortion activists. Trump is trying to navigate the politically sensitive issue of abortion, balancing his role in overturning Roe v. Wade with a more nuanced stance, claiming my administration
Starting point is 02:28:00 will be great for women and their reproductive rights, while emphasizing that abortion decisions should be made at the state level. In addition to his comments on abortion, Trump proposed federal support for in vitro IVF and tax deductions for newborn expenses, contrasting with Vice President Kamala Harris' $6,000 child tax credit. Tom Cotton says he's for it. He's open to the idea. Republicans, to my knowledge, support IVF in the Congress and there's no state that prohibits or regulates IVF in a way that makes it inaccessible.
Starting point is 02:28:34 It's expensive for many couples. I understand that. So it's something I'm open to that most Republicans would be open to. But in principle, supporting couples who are trying to use IVF or other fertility treatments, I don't think is something that's controversial at all. Tom, thoughts on the story? So there's three, there's three things. Wait a minute, Rob, what is this?
Starting point is 02:28:50 Is this him saying it or? Yes, this is Trump's statement. And then I also have Tom Conton and Lindsey Graham. Well, play this one here. Let's see what he says here. You overturned Roe and you want abortion to be a states' rights issue. In Florida, the state that you are a resident of, there's an abortion-related amendment on the ballot
Starting point is 02:29:08 to overturn the six-week ban in Florida. How are you going to vote on that? Well, I think the six week is too short. There has to be more time. And so that's, and I've told them that I want more weeks. So you'll vote in favor of the amendment? I'm voting that I am going to be voting that we need more than six weeks.
Starting point is 02:29:24 Look, just so you understand Everybody wanted Roe v. Wade terminated for years 52 years. I got it done. They wanted to go back to the states exceptions are very important for me for Ronald Reagan for others that have Navigated this very very interesting and difficult path Tom So there's three three points here. The first point is about the number of weeks and there's a very delicate detente in the Republican Party and conservatives about six weeks. You have that exceptions in six weeks is where we all arrive right now and to go further,
Starting point is 02:30:02 you know, the people that are on the life side get really nervous about that. The second point that was in here is IVF. IVF has been available forever. There's nothing legal or illegal about IVF and there are insurance companies that cover it. I got very concerned and a rare day where I agree with Lindsey Graham where the insurance companies shouldn't be told what they're gonna cover and not cover Otherwise guess what?
Starting point is 02:30:29 California is telling insurance companies what they have to do with Assigned risk for cars and the fair plan for property insurers. You can't go tell them that it's a mandate I will select my insurance company and I may not need a policy with IVF because we're not having kids anymore. I may select a different policy with different coverages, but the insurance company should not be told that IVF. Hiding in all of this right to life and children and everything, what was missing was that there's this insurance company mandate that I think is wrong. And we already have a number of things that are in the tax code.
Starting point is 02:31:10 Congratulations. Is it a boy or a girl? I don't know, but you get another tax deduction and there's some federal things you conduct for childcare expenses that have always been in there. So the IVF mandate is the part that I disagreed with. Okay, I have only one issue with this here. My issue with it is the following. To put IVF for women period in the insurance policy and give them the tax benefit, whatever it may be, you're playing a form of a fair act where
Starting point is 02:31:42 you're forcing insurance carriers to want to do this. Again, you're forcing cost of insurance to go higher for people that are not going to be using this service, and you're also at the same time making insurance companies looking bad in front of everybody. However, you know what I'd be open to? Only if you're married for a number of years. You know, if somebody marries an illegal person and then they have a certain number of years until they become legal and you have to live together and they come and check you out and
Starting point is 02:32:12 they're like, are you guys really together? Yeah, we've been living together for three years. So this is not a fake marriage? No. What if you want us to pay for the IVF? Yes, we'll do IVF. Have you guys been married for three years? Minimal.
Starting point is 02:32:23 If you've been married together for three years, you have the same, what do you call it, electricity bill, gas bill, you're living in the same household, no problem. That's when it activates. Because if you say for women period, next thing you know, single, hey, let's go, another one of these LBJ bills that came out in 1964 that, hey, the more kids you have, the state's going to pay you for it. No, I think one simple rule needs to be in there, married for a minimum of three years to qualify. If you have a game, if you don't, I'm not for it.
Starting point is 02:32:55 I'm with you. Otherwise, you have that unintended consequence of intentionally having kids, and now you have a welfare mama that can't have kids very easily So she goes gets IVF so she can make the extra check. No, no, no, no That's that's hurting because kids need fathers and mothers and we're just hurting the chances. I like your thoughts We're gonna wrap up. I got two minutes. I'll just be super quick Abortion is one of the two or three issues that's going to decide this election straight up The economy we all know what's going on on the border and a lot of people say especially women that abortion is number of the two or three issues that's going to decide this election straight up. The economy, we all know what's going on on the border. And a lot of people say,
Starting point is 02:33:27 especially women, that abortion is number one or two on their list. We all saw the one girl who was struggling to figure out what's more important to America, democracy or access to abortion. And she's like, is it tough on, but I think I'm gonna go with abortion on this one. Okay. So that's how important of an emotional decision it is for women. And I understand that. The problem is for Trump, this is a no win situation for Trump. He's up 10 points with men. He's down 12 points with women.
Starting point is 02:33:55 He's looking to put a bandaid on this situation to genuinely try to reach out to women and try to be more pro women. You're not going to be more pro woman than aomen. You're not going to be more pro-woman than a woman. You're not going to do it. Sorry. As much as she's just an unqualified candidate in my mind, she's going to have that female vote. You're not really... So... She's never had a kid. She's a stepmother to two kids. I'm not here to defend Kamala at all. She's never had a kid. Sure. A mother, you know, if you're going to play that card, you have to also know what it is to have a kid.
Starting point is 02:34:30 I fully agree with you. I don't think there's, what percentage of women are out there that are thinking about the abortion that say, well, did Kamala have a kid or not? I think they just care about their own situation. I think a small percentage do. I think a small percentage do. Okay. I'm not going to disagree with you, but the point is Trump is sort of damned if
Starting point is 02:34:45 he does, damned if he do. I actually generally don't think he's on the same page with the Santas on six weeks. His hardcore base, the Evangelical Christians, they want nothing. They would love to see a nationwide abortion ban. I don't think he's there. He's all over the map, and if you're explaining you're losing, dude, focus on the economy, focus on the border, focus on communists, comrade Kamala, stay away from this abortion thing here, it ain't helping your cause, DJT.
Starting point is 02:35:14 Yeah, I think he is flirting with a creative idea. If he puts the idea in there for Mary three years, I think he's flirting with a creative idea and I think he has to find a way, maybe for him not to say it, but for his team to talk about the fact that she, how can she relate to my, there's one thing both Trump and Kamala have in common, even though he's a man, she's a female. Neither one of them have ever given birth to a child. Period. So that's the one thing that they have in common. He does need, and JD Vance isn't the answer, a female person. I saw our friend Alina Habba out there on the stumping of the trail. A mother, a tough son of a gun mother who loves America, get out there and sort of be
Starting point is 02:35:53 a Kellyanne Conway, if you will, to get out there. Because if Trump is talking about abortion, I don't think that's going to resonate with the ladies. Totally agree. All right. Well, gang, listen, if Adam persuaded you guys to go try IVF, that was his method of doing it. His sponsor is a link below if you guys do want to go to the hospital he goes to. But next September 10th, Rob, is
Starting point is 02:36:16 this Tuesday or Wednesday? Next Tuesday. Next Tuesday at our comedy club. We're going to watch the debate together. If you were there last time, we had a blast. We're only inviting 50 people because our staff always gets upset when they don't get the seats. But we do have space for 50 of you. First come, first serve. If you want to be with us next Tuesday, come on down. This is typically the best opportunity for us to sit down, have fun, talk a lot of different things. And also in the back, a lot of business gets done in that cigar lounge in the back. So go to that QR code, go to 5990live.com, get registered. We'll see you guys next week.
Starting point is 02:36:47 And we will not be doing another podcast this week. However, Thursday, the interview with Randall Carlson, we talked about Freemasons. We talked about a lot of weird things with Randall Carlson. That podcast will be going live on Thursday. God bless everybody. We'll do it again next week. Take care. Bye bye, bye bye.

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