PBD Podcast - Hegseth Confirmation Hearings, TikTok Sunday Ban, Bill Burr Wildfire Backlash | PBD Podcast | Ep. 535
Episode Date: January 16, 2025Patrick Bet-David, Tom Ellsworth, Vincent Oshana, and Adam Sosnick cover Pete Hegseth's confirmation hearing, TikTok's ban going into effect, and Bill Burr's wildfire comments sparking backlash! 📺... VOTE ON TRUMP'S FIRST 100 DAYS: https://bit.ly/4gXLioq 👕 GET THE LATEST VT MERCH: https://bit.ly/3BZbD6l 📕 PBD'S BOOK "THE ACADEMY": https://bit.ly/41rtEV4 📰 VTNEWS.AI: https://bit.ly/3OExClZ 🎙️ FOLLOW THE PODCAST ON SPOTIFY: https://bit.ly/4g57zR2 🎙️ FOLLOW THE PODCAST ON ITUNES: https://bit.ly/4g1bXAh 🎙️ FOLLOW THE PODCAST ON ALL PLATFORMS: https://bit.ly/4eXQl6A 📱 CONNECT ON MINNECT: https://bit.ly/4ikyEkC 👔 BET-DAVID CONSULTING: https://bit.ly/3ZjWhB7 🎓 VALUETAINMENT UNIVERSITY: https://bit.ly/3BfA5Qw 📺 JOIN THE CHANNEL: https://bit.ly/4g5C6Or 💬 TEXT US: Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! SUBSCRIBE TO: @VALUETAINMENT @ValuetainmentComedy @theunusualsuspectspodcast @bizdocpodcast 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.
Transcript
Discussion (0)
That kind of shit.
Did you ever think you would make it?
I feel I'm so blessed like it takes for you victory
You know this life meant for me
Adam, what's your point?
The future looks bright
My handshake is better than anything I ever signed, right here.
You are a 101? My son's right here.
I don't think I've ever said this before.
I'm the one I'm the one
It's the mistake of our lives
Don't do it baby
Don't do it baby
Oh we're on? Are we on?
No we're not yet
I would never sing love songs on camera
So, episode 535
Episode 535
And Tom does the same thing again
He does
We're singing a song.
But Tom has to be the person that everybody listens to the song that Tom is singing.
This is what we deal with on a daily basis.
Folks, you don't witness Tom's bullying behind closed doors.
Everybody's like, Ego maniac.
He just put a border here so I can't pass.
All right, let's get into it.
We've got a lot of stuff to cover here with you. As usual, California is getting nastier and we have some new stories to talk about with
California.
LA Insurance Giant makes prediction after devastating fire.
We'll cover that.
LA landlords jack up rent by as much as 124% floating price gouging laws
during deadly wildfires, that's what's going on there.
Trump inauguration is around the corner on Monday.
Here's what to know about guest list,
schedule, performance, and more.
Michelle Obama skipped Jimmy Carter's funeral.
Michelle Obama is also skipping the inauguration.
We'll have, obviously Vinny has the most creative speculations on why he thinks, but we'll
process why that is and we'll talk about that.
GOP tax leaders, US small business could pay more tax than small businesses do in China
if Trump cut expires.
Small business optimism surges to six year high based on Trump's policies.
Iran never plotted to kill Trump during campaign.
Iran's president tells NBC News.
Denmark opens back channel to Trump to discuss Greenland.
That's a Wall Street Journal story.
Take away from Pam Bondi and Pete Hecht said at their confirmation hearing, Pam and Adam
Schiff had a very friendly conversation
together, Elizabeth Warren asked a question
from Pete Hecht said about being a general,
his response is beautiful, we'll talk about that.
Bill Burr, eviscerates, effin' idiot internet trolls
who say the LA wildfire were mismanaged.
He actually says they're doing a good job.
People that are handling it. Great job actually. They're doing a good job. People that are handling it.
Great job actually.
They're doing a great job.
Yeah, Bill Burr saying that.
TikTok responds to rumors China wants to ask Musk
to buy the platform, pure fiction.
TikTok faces a banned Sunday.
Today is Thursday in three days.
Tom, Sunday is the last day for TikTok?
Is that what it's looking like based on what they're saying?
According to the federal legislation on the books right now,
they've got a deadline.
Here we go, okay.
TikTok faces a banned Sunday.
TikTok preparing for U.S. Sunday shutdown.
Everybody's talking about that.
We'll address that as well.
If the pen will show up Monday.
Wall Street Journal.
Even Harvard's MBAs are struggling to land jobs.
Starbucks major reversal in policy
that will force customers to pay.
Nine suspected Tren de Aragua gangbangers charged for brutal kidnapping.
That's from Daily Caller.
Gaza Sears ceasefire deal reached between Israel Hamas truce to begin Sunday and Joe
Biden took credit for it.
Eagles fan who cursed out this other lady at insults at the Packer supporters, fired
from DEI focused consulting job.
And then Y2025 will be the year of the alpha male.
Adam has a lot of stuff to say about that.
As an alpha male he claims he is.
And then Brad Pitt, this guy, it's just folks, Vinny told me with this story, we have to
cover this.
A man claims to be Brad Pitt,
sends pictures and messages to a lady
who is married to a very wealthy man,
and she actually decides to leave him for Brad.
If this thing is true.
Hold on, I double fact checked it,
but wait till you see the photos of what he said.
I can't wait for this, I can't wait for this.
And then we got a couple other things
on the addendum as well.
But before we get into this,
maybe even a ditty story that we got to cover
on the freak off tapes with the documentaries coming out.
So one thing I do like to do here,
if you're at Value 10, we like to make predictions, okay?
And we have a lot of fun with predictions.
If you watch the podcast, we make predictions.
We play the game of predictions.
So do you think you're pretty good at making predictions?
Do you yourself?
You're like, I'm very good at making predictions.
Well guess what?
We're playing a game.
And it's the first 100 days of Donald Trump as a president, and we're playing this game
on VTNews.ai with a leaders bulletin, with a contest, with recognition at the end, with
prizes at the end, and here's how it works.
Every day, VTNews.ai is going to post a prediction for you to make on the website, and you go
out there and make the predictions yourself.
And by the way, to participate, all you have to do is put your email there, it's free,
you don't have to do anything else. For some of you that want to take advantage
of all the features that VTNews.ai gives, upgrade, use it. We use VTNews.ai for our
podcasts all the time. And here's how it works. It's starting today. And the way the scoring
system works is, the sooner you make the predictions, like Thomas doing it right now to get the
highest scores, look, he's doing it right now. He's not even waiting for us Thomas has been doing this so fast because he wants to be ahead of everybody, but we're
going to show you how this works.
So here's 14 predictions that are officially available on the website.
Some of them are going to be funny, some of them are not, and some of them are going to
tell you exactly how many points you can get on those if you get them right.
There is more points if you answer faster.
So if you want to put a reminder on your phone in the morning, each prediction will be posted
on the website at 9 a.m. Eastern Standard Time.
So Rob, let's read some of these predictions on VTNews.ai from the top to bottom.
And Vinny, Tom, Adam, if you guys want to score your predictions, now you can.
Let's go through them.
So, number one, I'm not logged in in but we can start it here right now. So number one, how many former
presidents do you think will attend Trump's inauguration? Okay? None, one, two,
three, or four. Okay? And if Michelle doesn't show up, it still counts as Obama
showing up. So four is everybody shows up. Three is one of them doesn't show up,
etc, etc. Number two, Trump has stated he has 100 executive orders planned for day one.
How many executive orders will Trump execute by the end of January 21st?
That's a day after inauguration.
You have the breakdown on how many he's going to do.
Go to the next one, Rob.
Which Trump cabinet appointee confirmation hearing process will take the longest if they
are all confirmed at all.
You can pick and choose which one those are.
They're right there.
Go to the next one, Rob.
What will the state of U.S. border security look like at the end of Trump's first week
in office?
It gives you options on what to do.
Five, what will happen to truth social one month after Trump takes office?
Six, will Trump pardon Snowden the first hundred days?
Seven, will Trump restart the Keystone pipeline the first hundred days?
Eight, how many of Trump's court cabinet members will change within the first hundred days?
Will Trump once again remove the US from the Paris Climate Accords in his first hundred
days?
Ten, how will inflation compare on the day 100 versus his first day?
Eleven, will Trump evoke an executive order in his first hundred days to resume construction
on the southern border, the wall that he wanted to build?
12. Who will receive executive pardons during Trump's first 100 days?
Rob, can you open that one up because that's 800 points.
And that one, you got a few of them right there. Who do you think is going to get that?
Will it be Biden, January 6th, Reuters, himself, Fauci, Mayorkas, or none of the above?
Go to 13. I've got two more to go.
13. Will an incident that creates a security concern
happen during Trump's inauguration?
And last but not least, will Trump take executive action
against TikTok in his first 100 days?
If you are good at, by the way, behind closed doors,
I just wanna prepare you guys.
Because Tom is an NBA and the rest of us don't,
Tom's been talking shit that is gonna kill us in this game
because Tom is very good at these types of games.
So if you wanna join us,
we're gonna go all the way to the 100th day,
which means the 100th day will be
a hundred days from January 20th.
So it's not gonna be done till February, March, April,
end of April, okay, maybe May 1st.
And then the winners will have some special surprise
and prizes for you guys.
So go to vtnews.ai and start posting your predictions now.
You do get points the earlier you post.
So the second person gets fewer, third fewer, fourth fewer,
and the leaders bulletin will be posted
with your name there.
Make sure your name is there so we can track you.
You will see the leaders bulletin of people
with the highest scores on their predictions all
right so let's get right into it again go to VT News that AI VT News that AI to
become the news Tridamas news Tridamas okay all right so the things that's
taking place right now I want to start off with this first story, Tom.
The first story is Los Angeles Insurance Giants Makes Prediction After Devastating Fire in
LA.
Watch this, folks.
We've been talking about this.
Mike Zuckerman, CEO of CSAA Insurance Group, highlighted the grave risk to California if
homeowner insurance available becomes unavailable
due to wildfire stating, not being able to insure homes in California against these kinds
of risks will completely upend the state.
CSAA is the third largest insurer in California, continues to write new policies but declined
to renew 5,500 policies in 2024.
Just 1.2% of its total policies due to wildfires.
Zuckerman emphasized the necessity of adjusting insurance prices.
I'm going to read this one more time, folks.
He emphasized the necessity of adjusting insurance prices to match what?
The increased wildfire risks.
Explaining, this is not a sign that wildfires aren't insurable.
It is a sign that insurance companies need't insurable. It is a sign that insurance companies
need to be allowed to charge the prices
that match the increased risk in order to insure,
while CSAA raised its home insurance rates
by 6.9% this year.
Other insurance, such as Allstate and Statefarm,
have implemented double-digit increases
or left the California market in its entirety.
Tom. Well, I got a couple things on this. digit increases or left the California market in its entirety. Tom?
Well, I got a couple things on this.
And what he's talking about is the overall market.
So CEO of insurance company, you would expect him to talk about the overall market.
But I've got some stats down underneath this.
He's right that if they have increased risk, they increase the price.
Anybody that has a teenage driver and they got two tickets in their first 18 months of
having a driver's license, your car insurance goes up.
And then you tell your kid, hey, you're on my insurance policy, but you can't get any
more tickets.
And you went to traffic school for that one, you can't do that because take a look, your
mom and I are paying higher car insurance.
People in America, American families know about this.
You've heard about this, right? So guess what? It's the same thing if they think that your
house is at risk, maybe because brush clearance hasn't happened properly or
you're in a wildfire area and they're concerned about it. So the insurance
companies are acting, oh here comes a word, rationally in a normal market.
Do they want your business? Of course they do.
Do they want to raise the price so that you don't do business with them?
No.
No, they don't.
But if you're selling me bananas and fruit and it costs more to get here, the shipping,
then you have to charge me more for a basket of bananas, right?
Because you say, well, the fuel was up, the shipping was up, I don't know.
I went down to the dock and I bought it through my fruit wholesaler.
Tom, I had to raise the price.
Everyone seems to lose their sense of understanding that that's what's happening here.
And all these headlines are crazy.
But I'll tell you something else that's crazy.
When the rates were going up, people changed coverages of the policy.
You can save on your car insurance policy.
You know how you do it?
I call the insurance company, I go, you know what, I don't need this.
I lowered the cost of if somebody else gets injured in my accident.
The deductible.
Everything.
Maybe you say, well, you know what, I got a little bit more money now.
I don't need 500 deductible.
I can do 2,000.
So the first 2,000 of a car crash is mine.
And guess what?
And they say, oh, that's great, Mr. Yoshana.
You just saved 8% on your premium.
That's the way it works.
Well, check this out.
Yesterday, I dug into it.
Insurance analysis group says 74% of homeowners
are underinsured for what's called the complete loss and
ALE. You know what ALE is? Alternative Living Expenses. Alternative Living
Expenses are usually only 20% of the coverage you choose to have on your
house. So if your house is 700,000, your alternative living coverage is 20% of that.
140 grand.
And if it takes three years to rebuild the house,
you are gonna blow through that.
Or if rents go up,
and we're gonna see that story a little bit,
you're gonna blow right through the lid on that.
And guess what you're gonna have to do?
Decide to sell the property or figure out a way to sell finance. So let me tell you guys what happened here, like a perfect example of a story.
Francis Bushetti in California, he owns a house in Palisades. He's been there for decades.
He's been living in Palisades for 50 years on and off, but he's owned this house for a couple decades, give or take.
His insurance premium last year, he gets word that his premium just went from $4,500 to $18,000 a year. $1,500 a month? From $4,500. Rob, if you want to pull up the story, Francis Bechetty Brand,
and if you guys can send it to Rob so he has it, to pull it up. This is a Wall Street Journal
story. It went from $4,500 to $18,000 a year.
A year ago, he gets this letter, okay?
When he gets this letter, he sits there, he says,
there's no way in the frickin' way I can afford to do this.
So he doesn't do anything with it.
He goes to the fair plan, which the fair plan
is $3,200 a year, and they protect your house,
I think up to $3 million.
But when he goes to the fair plan to approve for it, they tell him to cut 10 trees on the
side of his house.
He looks at the cost of cutting the 10 trees.
He says, I can't afford to do this.
So he decides to not cut the trees.
So he doesn't even get the fair plan. Then he goes and does something in California,
they say going bare.
That means you don't have any insurance.
That's what it's called, going bare.
I'm gonna go bare.
And I have nothing.
Not fair plan, not homeowners insurance, he has nothing.
And you can do it if you have no mortgage.
You can do it if you have no mortgage.
You know what ends up happening?
His house burned down.
Oh man.
100% of his house burned down.
So guess what he doesn't have to do right now?
He has no insurance to pay for it, no fair plan, nothing to do anything with it.
By the way, the fair plan, I'm talking to a fellow yesterday who is a very successful
real estate businessman and we're having this conversation, he's here, we've known each
other for a long time. You know who he is and I just want to keep it private
because the conversation that we had and he's here. We're sitting in a hangar
having a great conversation together. His house burns down in Malibu.
Wow. The guys next door, a lot of the people there whose houses burned down in Malibu, a lot
of them had only the fair plan.
The fair plan apparently only protects up to $3 million.
And they have $15 million houses, right?
So if you got a $20 million house with only a fair plan, that $20 million house is now
only getting a $3 million insurance policy to rebuild.
That $17 million has to come out of whose pocket right there.
Look at this.
California's fair plan insurance payments for natural disasters up to what?
$3 million for residential policyholders.
So imagine you're sitting there saying, what the hell am I going to come up with this other
$17 million?
You're not.
But a guy's going to come to you and say, look, I know you kind of here into a rebuild. I'll give you $5 million. And that's exactly what you
were talking about. Which by the way, watch what happened yesterday. Gavin Newsom yesterday
tweets out a video from the podcast. If you can go to, if you can go, you can go right
there. This is Gavin Newsom. And he says, this is absolutely false. It's from his account.
I signed an executive order
to protect residents from predatory land speculators
and developers.
Here's Vinny talking about this in this clip.
And look what he did, they had those fact checkers?
I know, I saw that, community notes.
So go a little, we gotta give credit to who posted this
as well.
So Wall Street Apes posted and in the description
it says, California Governor Newsom officially setting the stage for developers to come and
buy up the devastated land in LA Pacific Palisades. Play the clip if you can, Rob, from the podcast.
If you can go and play this clip. Go for it. Watch this.
Where Newsom is talking about calling Josh Green. The Maui fires, okay, they exposed
the same stuff that's happening right now. Government failure, delayed response, ignored warnings, and all these priorities.
He says something about reimagining California where he calls the Maui guy, and this is what
bothers me Tom, those people that you're talking about now that have nothing, okay, that the
house with worth, let's say 10 million in regard to insurance.
Now if somebody comes and wants to buy up the land, Tom, they can offer them way less
and say, listen, everything's gone, you didn't have the right insurance, we're going to give
you this much money cash, Tom, go about your business, am I right?
People that had their house paid off, that for some of them that don't have the resources
and were underinsured, that is their only choice.
Okay, so watch this.
So Tom and Vinny are talking about this.
Now watch this.
Go back to my account, Rob, go back if you could to the Twitter. You just go back, yeah, there you go back to my account, Rob. Go back, if you could, to the Twitter.
You just go back, yeah, there you go, zoom in.
On that same thing, zoom in if you could.
His executive order, after the team looked at it, okay,
the executive order he said to not allow people
of predatory land speculators and developers
for people to come and pick it up is only for three months.
Weird.
And it mandates property offers that meet market value, how long do you think, when
we're talking about it, how long do you think it's going to take to clean out the debris
alone for homeowners?
And then for people to say, I want to sell the house.
How often did you say, I want to sell my house, 90 days later you sell the house.
How often have you done that?
It doesn't happen like that unless you're like a peak, peak, peak, peak market where
everything's going like this.
But in a situation like that, this is going to take six to 12 months.
So yeah, we put an executive order to protect on all that lip-surfing stuff.
No, this is just a public, political PR stunt.
People are being impacted right now directly and this insurance could be the number one
reason why it leads to the California exodus.
And by the way, here's the part.
You can sit there and try to spin it all you want.
You know how long it's going to take to clean this?
I'm having a conversation yesterday, we're having a meeting with the mayor of Fort Lauderdale.
We're sitting having a conversation together.
And the amount of people right now that are looking at moving, like cities in Texas, cities
in Nevada, places in here, we're already getting people asking that they want to come down here we're
already getting people interested out of leave because how long time and this
could go to any one of you guys here this goes to everybody and folks you're
listening to this comment bro Rob Rob can you put a poll how long you think
it's gonna take those areas to recover from this where it goes back to normal?
One to three years, three to five years,
five to 10 years, or 10 years plus?
Run those numbers.
Tom, how long do you think it's gonna take?
I did some research on this.
At the end of three years, less than 20% of the homes
will be finished.
Less than 20% after a year.
Three years from now, they estimate 17 to 20%
of the homes will be finished three years from now. And 17 to 20 percent of the homes will be finished
Three years from now and those will be some of the smaller ones these bigger ones in Malibu
These are five-year projects that are gonna back to go through a thing called the Coastal Commission
Advanced permitting so there it is
17 to 20 percent in three years so I would say five to ten years and then back to a question
So let's say you had that fit
How much was that guy's house?
15 million?
The one in the Palisades that burned down?
And now they're only gonna give him,
well he has nothing.
No, I'm saying the Malibu houses on the water
that all burned down, most of them burned down.
If it's 20 million, you only get three million
from the fair ride.
Okay, so now here's my question to you.
Now you have that three million.
You have to rebuild,
listen, you're not gonna have the 20 million.
So now that property, you're gonna build a,
let's say you're not gonna build a $20 million house you're going to what, build a $3 million house now?
You can't afford it.
That's not possible.
But that's what I'm saying.
So now, that's going to my point.
So now, you're going to take that money, that land, what are you going to do with that land?
You're just going to sell it?
Is that what you're going to do?
Do you just sell the land that I have?
Well, listen, here's what it comes down to.
How many of those buyers bought it
that have an additional 50, 100 million sitting there?
How many people that, like for example,
when a person buys a million dollar house,
just make it simplified.
Bring it to a million dollar house.
If a person buys a million dollar house,
how many people have a million dollars in cash?
Very few.
Of course.
Very few.
How many, what percentage you think?
How many, if you buy a million dollar house you think? If you buy a million dollar house.
How many people that buy a million dollar house have a million in cash?
Less than 5%.
Would you agree with that?
I think it's maybe even smaller than that.
Watch this, I'll give you the stats.
So home purchases were down 70% here in South Florida.
And of the remaining, so that means you're only selling 30% as much as two years prior, makes sense?
70% down, 30%.
Of the 30%, they said that 50% were cash buyers.
So that's 15% of the original total.
So using stats from South Florida,
it estimates that of higher end homes,
about 15% of them are full cash buyers.
Okay, so then if you look at that,
so let's say 15% of people have the cash to buy.
That sounds about right.
Okay, let's just say five to 15%.
So now, that's at a million.
Go to the 20 million dollar homes in Malibu.
What percentage of the people that buy
the 20 million dollar home have 20 million dollars
in cash sitting there?
It goes up, but it's probably only 30%.
It's gonna go up to afford those houses.
Now, of the 30% that have the money to be able to pay for those houses
how many of them are gonna say yeah, yeah, honey, let's make this mistake again knowing California is gonna protect us.
Hell to the no. It's gonna be a new person that wants to take the risk.
So they're gonna sell out a discount. How much is that discount? Depends on how much insurance they had.
There's a lot of things that's gonna come into play here, but the reality of it is this is not done.
2,500 votes most people said it's going to take 5 to 10 years.
Look, 72% of people say it's going to take more than 5 years for this thing to come back
up.
72% is going to take that long for it to recover.
Adam, final thoughts?
Well, you know what's funny?
Because I get all these emails from insurance companies.
You know, we're in this industry.
I got an email from the Insurance Department of California. Now, typically I just delete this. What do I care
about the insurance? I'm in Florida. But what I found is interesting is this. This is from
scroll over to the bottom just so you see this is from state of California. If you go
to the very bottom, this is signed from Ricardo Lara, the insurance commissioner of California.
I actually want to get your perspective on this worth if you've ever seen anything like this
says whereas the dwellings of the thousands of California residents that have been destroyed or damaged hundreds of businesses structures have been destroyed damaged and
tens of thousands of California residents that have been evacuated of
Their homes by the palisades eaten several fires boom boom boom whereas the magnitude of these fires are associated
Insurance claims are likely to create a shortage of qualified insurance adjusters so now I Ricardo Lara the insurance commissioner of the state of
California in accordance with the authority of the vest in my section yada
yada yada hereby declare an emergency situation to exist with the respect to
the adjustment of insurance claims arising from the wildfires.
And he gives three main points. Therefore, I authorize the following. Number one, the
work performed by non-licensed adjusters is under the active direction, control, charge,
and or management of qualified insurance adjuster, qualified manager. That makes pretty much
sense. Qualified. Here's where it gets weird. Number two, the
non-license adjuster register with the insurance commission within 15 days of the date to which
the non-license adjuster commences the claims, adjust an activity connection with the wildfires.
So that scroll down Rob. All claims adjust. It's basically how I'm interpreting this.
You tell me you don't even need license adjusters
You don't even need to be quote-unquote a
Person who has been vetted. This is not something that there's such a shortage of this adjourn assurance adjustments
We talked they're basically making exceptions here and they're giving this here's the final part any qualified adjuster qualified manager
And sure authorize you to do business California activity directs
Controls or charges and or manage their non-licensed adjuster may be held liable.
Have you ever seen anything, Les?
Where it...
Yes.
Tell me if I'm wrong.
But let me tell you what this is.
If you don't have insurance license, let's say, hey, hey guys, we need more life insurance
in California.
We're underinsured.
Yeah.
Hey, you don't even need a license to go sell.
I got you, bro.
Okay.
I'm trying to understand this.
Go ahead. But this is... Ricardo Lara, You think he's a liberal or a conservative? Most people that work in
the Department of Insurance. Rob, can you look up who this Ricardo Lara's insurance
commissioner Ricardo Lara and see who appointed him? Okay. Ricardo Lara, insurance commissioner,
who appointed him? He's in California. So zoom in a little bit speculate that he's okay
He ran for Senate as a Democrat in 2012 2019. Okay
He served as California Senate. Okay, so guess what? Here's a Democrat that is forced to deregulate
This is a form of deregulation
Because think about it pre pre-1929,
people who sold stocks, they didn't have Series 7s.
You're just like, I wanna sell stock.
No, there was no licensing.
There's no, it's licensing only came
after all the people got caught manipulating
the stock market, the big crash,
and then FDR goes to Joseph Kennedy,
brings him in to start SEC,
SEC gets started, then they start saying,
we need fingerprints because you're handling people's money.
Then the Sirius seven, take this test, take that test.
Then investment, you know, all these 1934, all this 1933,
that's when all this stuff gets started, right?
So this is a form of deregulating to accelerate.
It's almost a contradiction for them.
They don't know they're doing this, they're deregulating.
They're lowering regulations.
They're lowering the barrier of entry
of doing something like this because their overregulation
has limited the amount of people they need as adjusters
to come and help them out.
You know what I'm saying?
In your mind, what you're saying is they're lowering standards to get anybody to come in both could be true
But to them it's a form of deregulation time. Would you agree?
I completely agree and what they're trying to do is let's say pass that make sense. Let's say Pat
Yeah, well, I guess my only question would be there's over regulation and there's under regulations
I mean, I've seen you, how many insurance agents has PHP?
Nearly 60,000 we've licensed.
So you have standards there.
You have a fast start.
Like you know.
We do, we do, but I mean you can't just, nobody can just start selling insurance.
But I tell you, okay, what do I need to do right now to sell?
What license do I need to do Facebook ads for your company of 10 million a year?
There's no license. So why not?
But that's the point is it a good thing or bad thing? It's a good thing
I see what you're so do you necessarily need a license to sell insurance in some places?
Maybe maybe not driving cars. Is it good that we're giving people? Yeah, I agree
So you see how this works? I mean, I wouldn't know anything about that
But but but the point is in some area it does in some area
It doesn't when you're dealing with people's finances, it's probably a good idea for you to go out
there and learn some of the rules and regulations and stuff and learn.
The continuing education is actually a very good thing that they're doing.
It's needed, trust me, because we had a lot of headaches with that with some people.
But going back to you Tom, form of deregulation.
Yeah, so Adam, let's say you're Allstate and I'm State Farm.
The number of people, we have to send an adjuster out to take pictures.
Your car cuts into a crash, a guy comes out with a camera, takes pictures, surveys your
car unless it's on a tow truck and a junkyard, right?
Okay, that's the adjuster.
So what they're saying is that you and me, we're like, how are we going to get, how do
we set appointments?
It's going to be a month to set all these appointments for an adjuster to go out, take
pictures, site survey, they'll put a drone up. I read about this and that's
what they need to do. The chimney was standing, the thing's completely done, they see the
rest of the street. And then that now goes to Pat and Vinny who are now in the claims
office looking at it. Okay, yeah, I just got from the adjusters here. I see what your property
was. So they need, they're going to have the adjusters go out and do it.
Previously, the state put all these restrictions, so you and me didn't have enough adjusters.
Now we've got emergency adjusters so we can get the information into the claims people
and we can start helping them.
And I bet you that this was the insurance people, like you and me, the carriers, calling
Sacramento and saying, listen, you've put a lot of restrictions on us in the past,
but we need an emergency certification program
so that we can get adjusters out,
taking pictures of property, meeting with our customers
so that we can get their stuff into the claims office
and start the process.
And so this is a liberal doing something
that doesn't look liberal, but he's doing it
because I think that the carriers are screaming. Yeah, so that's doing it because I think that the... He has no other choice.
The carriers are screaming.
Yeah, so that's...
Do you think so, Pat?
We're on the same page,
but you're asking a very, very good question.
At a time like this,
I think they're actually making the right choice.
They have to do this right now.
At a time like this, they're making the right choice.
Has insurance, the concept of insurance,
whether it's home insurance, whether it's auto insurance,
whether it's health insurance, whether it's home insurance whether it's auto insurance whether it's health insurance whether it's life
insurance has it ever been this much on the forefront a month ago the number one
story in the world was Luigi Mangione about the concept and the situation I
don't know but you're making a very good point now homeowners insurance yeah I'll
say this I see so many people that have car insurance,
but they don't have life insurance.
I see people that have renters insurance,
but they don't have disability insurance.
The number one asset in your life is not your car,
it's not your house, it's not your business, it's you.
So this is why I think people are so worked up
about what's going on with their health insurance.
I mean look, the good thing with insurance,
here's a good thing with insurance,
specifically life insurance. Not's a good thing with insurance specifically life insurance
Not not not a lot of other stuff. I've been in insurance for 25 years
I can tell you how many times the death benefit wasn't paid out and each time the death benefit wasn't paid out
There was something to do with the beneficiary that they had somebody else pee for them that that somebody else do the blood for them
That there was some kind of first two years in contestability clause where something happened.
I guarantee you, it's very few.
But it's very few, they pay out.
They pay out.
Now, when it comes onto auto insurance, other stuff,
those guys will do anything and everything they can
to not pay out.
So many people have bad experience of only getting 3,000
on a car being totaled.
It's like, what are you talking about?
It's $22,000, what am I gonna do with 3,000?
It's very different with life, then auto,
then health, then homeowners.
We have to isolate all of these very, very different spaces.
In my opinion, humble opinion,
I know plenty of life insurance professionals.
I don't know too many like renters, insurance professionals.
That's a professional field.
So check this out.
This kind of going still with LA, I wanna get to the story story. That's a professional field. So check this out. This kind of going still with LA.
I wanna get to the story here.
LA fires, causing landlords to jack up rent
as much as 128% and flouting price gouging laws
during deadly wildfires.
LA landlords are illegally raising rents
above the 10% limit imposed during the state of emergency
declared by Governor Newsom after wildfires destroyed 12,000 structures, a five-bedroom Santa Monica home increased from $12,500 to
$28,000 a month, 124% high.
Chelsea Kirk from Strategic Actions just for a just economy compiled and crowdsourced spreadsheet
documenting such violations.
While Jason Oppenheim
at Netflix's Selling Sunset called the practice illegal and immoral.
Real estate agents report widespread gouging with Samira Tapia finding nearly 100 listings
out of 400 survey that violated the price cap.
In one case a North Hollywood rental rose by $800 overnight to $5,700.
Laura Kate Jones noted that l landlords are exploiting desperation.
People are so panicked and desperate to get into house right now that they're throwing
money into the wind.
Tom?
I think there's two sides that I feel on this.
First of all, I do think that if landlords are doing this much of a gouge just because
they can, there's a certain part of me that just that doesn't
like that.
But the other side of it, once again, consumers, this happens to us all the time.
Have you noticed what an Uber cost in New York City or LA between five and seven PM?
Guess what surge pricing.
What do you mean surge and what surge in? Surge in demand. Surge in demand goes up, prices go up.
So people understand we pay this in our lives all the time.
Guess what? You know, you wait until a week before you travel, the plane ticket's more.
Of course.
But you go to see your mom?
Yeah.
Do you get your plane tickets ahead of time?
One month. I think it's 20, 22 days is like the average.
And why do you do that?
Because it's cheaper.
Why is it cheaper?
Because all 300 seats are available
When there's only 10 seats available and there's 11 people on the website trying to get the last seat
Check the price the price goes up. So surge pricing happens all the time, but I think somewhere between you know a
175 percent hike and a natural increase because there's a shortage in available renters.
There's also, do you want to operate a business in a neighborhood and be known as a good and
friendly business person?
Of course.
Do you want to have customers like that?
Sure you do.
So there's going to be surge pricing, there's going to be things like this, but I do think some of this is, you know, in the realm of super spiking
and alternative living expenses.
Pat, we were just talking about,
what if only 20% of your coverage
was alternative living expenses
and you're forced to rent to go here?
You're gonna be out of coverage quickly.
Yeah, so part of me with this rate hikes
that are taking place, there's words you can
say to them on what they're doing. But at the same time, in my opinion, I want them to do it.
Do you know why I want them to do it? I want them to be able to do it because you learn about,
you know, you learn about what they're like.
And who they are.
Yeah, you wanna learn to say that this is
what they're doing now, right?
And you know, this is an hour, like remember the guy,
the Mattress Houston guy, what's this guy's name?
Mattress Mac.
Mattress Mac, right?
The Super Bowl guy.
Hurricane hits, Mattress Mac.
Jim. What does he say? He opens
it up and he helps people out. Mattress Mac, this guy is loved in a city. Mattress Mac,
when hurricane hits, he opens it up. Do you remember what happened in Houston when hurricane
hit what Joel Austin's church did? They didn't let anybody come in and sleep with the Lord.
No, no, no. They should have.
Let's just talk facts.
The facts were they closed their doors rather than open them as a relief center because
they didn't want all those people and potential damage or all the cleanup they were going
to have to do.
They closed the doors.
That's a fact.
There you go.
So that and then he had to come back and explain himself a couple days later.
But they did.
And guess what? You know, that's a mistake.
It doesn't mean he's a bad person.
It just means we learned.
You made a bad mistake.
Hey, look, that's what that's about.
You'll learn.
You'll learn about these types of moments.
But at the same time, when you're looking at
what's going on right now with California,
and businesses are doing that,
what else do you think is gonna happen?
What do you think construction companies are gonna do?
You think they're gonna give a discount?
Hell no.
Here's what a construction company's gonna say.
He's gonna be like, hey man, Johnny,
I want you to help me rebuild my Malibu home the fastest.
Tom, respectfully, I have 80 other people
that are asking me to do it.
And I'm about to go into, what's the guy offering you?
He's offering me 600 bucks a square foot. He's gonna I'll do 800
Okay, so now he calls him he says hey man pats wanting to do it for 800. I'll do 900
What do you think this construction guys which job you think he's going to take?
Honestly, actually think about it the one that's gonna get what do you think?
He's gonna take like what do you think happens when war happens? Are weapons of mass destruction discounted? Like when war happens, do you
think they're selling planes and all this stuff? Hey, guess what? These missiles aren't
discounted because there's war. No. They sell. Tom, what's...
No, I'm not. Why are you looking at Vinny like he's an idiot?
He knows what he's talking about. You wanna say something? Go ahead.
Say something. Go ahead, say something. I'm agreeing with this. If they... No talking about. You want to say something? Go ahead. Say something.
I was like, yes.
I'm agreeing with this.
Say something.
No, I think you want to say something, though.
Go ahead.
No, I don't.
I don't have anything to say.
I'm reacting.
I'm sorry.
I'm my friend.
I don't understand.
When this happens, the market goes higher.
The demand goes higher.
Whether that's a good thing or not, it's what the hand you're dealt.
It's the hand you're dealt.
You're dealt that hand. You know what I'm
saying? So what are you going to do in that moment? You don't know. I mean, this is a
bigger travesty than people are thinking about. People are going to leave. They're going to
sit there and have to make a decision on what they're going to do. Here's what they're going
to do. Say to people that want to stay in California. You're like, I'm not leaving California.
What area in California do you want to live in?
After this they still what is an area in California that has no trees or no wildlife no any of that. So where would you go?
downtown Mojave Desert Lancaster. That's what that's exactly the point. Yeah, but you're not downtown expensive as shit
You're gonna go to a place that's like oh my god
You're gonna go to a place that's away from everybody. Oh my God. You're going to go to a place that's away from everybody.
You're going to have to make some changes because it's going to keep repeating itself.
This is a bigger thing than people are thinking about.
And Exodus is around the corner and a massive one.
Adam, final thoughts.
You know, obviously we're focused on California right now, but we dealt with this during COVID.
I mean, I moved from Miami to the one of the greatest cities on the planet, Addison, Texas, to join PBD and Valuetainment. We started the PBD podcast. And a year and a half later,
after I left Miami, I called my landlord. Here's actually a perspective. I was paying about $4,000 in rent for a sick condo downtown Miami. Views, views, views. Amazing. During COVID, my lease was up. I
was like, look, man, I'm out. I'm moving to Dallas. He's like, I will lower your rent.
Please stay. I was like, I'm leaving. He goes, I will cut your rent in half. I was like,
oh my God, like, I don't think you understand. I'm leaving. I'm out a year
and a half later. I call him, we move back, get the office in Boca. I call him and then
now we're get the office in Fort Lauderdale. I say, Hey, by the way, I'm moving back down.
Is that unit still available? It is. Oh, great. What are you charging for right now? He goes,
let me check real quick. He goes, uh, $8,000. I said, what I said a year and a half ago,
I was paying $4,000. You offered me two and now you're charging double. He goes, Hey,
that's the market, bro. What's my point? Free market capitalism is prevailing lazy, fair
economics. It is what it is just because there's disasters, just because there's COVID, just
because there's the world is on fire
Very market is going to opposite side
Exactly very good point on the opposite side. Yeah, so applying demand you have too much of it. What do you do?
You're now discounted. Yes. Yeah, exactly. I mean we saw we see in New York. They have rent control or there's price control
These are all sort of forms of what communism socialism collectivism
So the free market at the end of the day is gonna dictate how we let's go to next story
All right, so Rob if you want to pull up Pete hexette and Pam
Bondi when they're being sworn and when they're going through their hearings, maybe let's look at what happened here. Some of these things guys
It's so entertaining watching this Rob
I'll let you pick whichever ones you want to pick maybe pick the one where Elizabeth Warren is saying
If you're a general
You know and if you're going through this go for it watch this exchange here folks
You're quite sure
That every general who serves should not go directly into the defense industry for ten years
You're not willing to make that same pledge.
I'm not a general.
Let us just clear in charge of the generals.
Dude, did you see the guy next to her?
Hilarious.
Inga's king?
Hilarious.
You're talking about the older white guy?
Or him.
He wants to have a heart attack.
Rob, what else do you have with...
Is this Bondi? Yes.
Okay, let's see this because this is entertaining.
Go for it.
... has called for it publicly.
You are aware of that, aren't you?
No one has asked me to investigate.
We're also worried about Liz Cheney, Senator.
You know what we should be worried about?
Ms. Bondi, please answer my questions.
The crime rate in California right now is three of the roof. your robberies are 87% higher than the national that's what I
question is this do you have the power to say no to the president and what
you're suggesting today by your non answer is she's 59 years old
independence to say no to the president so let me ask you a different question
also requires you wow if you're gonna to be a good attorney general, to be able to tell
hard truths to the president.
So my questions now are can you tell hard truths to the president?
So let me start with an easy truth that you could speak to the president.
Can you tell us, can you tell him that Donald Trump lost the 2020 election?
Can you say that?
What do you have the independence to say that.
You have the gravitas, the stature,
the intestinal fortitude to say Donald Trump,
you lost the 2020 election.
Can you tell us that here today?
Senator, what I can tell you is I will never play politics.
You're trying to engage me in a gotcha.
I won't do it.
I won't play politics with any ongoing investigation, you did leaking your colleague Devin Nunes's
memo.
Yeah, bingo.
Whoops.
Look at the size of the ring on her hand.
I will look at every file.
I am asked to look at.
Of course you won't.
So will you advise the president?
Can I answer the question?
Well, my question is...
I would have plenty of staff.
You said, of course you want.
You'll be able to review hundreds of cases on Thursday?
Listen, I'm not going be able to review this body nor
you all right let me ask another question you don't want to ask that let
me ask you were censured by Congress
so it will also be important this episode is this episode of Jerry
Springer was one of my no but he's absolutely he's one of the worst he's in
the top five of the worst and he knows what's coming
To you know, is there another one Rob? Is there anything else with Pete you have or Pam?
I have a bunch of pet so I have Pete Hegseth defending his seven-year-old daughter to Tim Kaine
Pete Hegseth saying that he was the victim of a coordinated smear campaign. I have Pete Hegseth with Kirsten
Gillibrand Kirsten Gillibrand and then Ien Gillibrand. And then I also have Pete Hegs at Defending
Women in the Military. I think the Gillibrand. Oh, you know which one is good. So play the one
about women in the military where, you know, the comments he made in the past before women
shouldn't be in front lines. Yeah, this is the one. And then there's a great clip to follow up
where he explains his support. Okay, go for it. Play this clip.
You said in your statement, you don't want politics in the DOD.
Everything you've said in these public statements is politics.
I don't want women.
I don't want moms.
What's wrong with a mom, by the way?
Once you have babies, you therefore are no longer able to be lethal.
I mean, you're basically saying women after they have children can't ever serve in the
military in a combat role.
It's a silly thing to say.
It's a silly thing to say.
Beneath the position that you are aspiring to.
By the way, whoever was Pete's hairstylist,
you gotta get a shout out.
Pete's an absolute stud.
And they're just trying to come up and basically
lambast him and bring him down.
As Secretary of Defense, will you support women
continuing to have the opportunity to serve in combat roles? She's a Republican who served. Senator, first
of all, thank you for your service, as we discussed extensively as well. It's my privilege.
And my answer is yes, exactly the way that you caveated it. Yes, women will have access
to ground combat roles, combat roles, given the standards remain high
and we'll have a review to ensure the standards have not been eroded. In any one of these cases,
that'll be part of one of the first things we do at the Pentagon is reviewing that in a gender
neutral way, the standards ensuring readiness and meritocracy is front and center but absolutely it would be the
privilege of a lifetime to if confirmed to be the Secretary of Defense for all
men and women in uniform. So do you think it's a good idea to have women on the
front lines? You're a former vet, you're Air Force, you know, you were Air
men of the year out of all the soldiers in Air Force the year you got it.
Do you think women should be on the front line?
Okay, and since we haven't been in actual fighting war, we haven't invaded, we haven't done anything in how many, what, 20 years?
Afghanistan.
What? I mean, come on, I'm talking about combat, full combat. I'm talking about Iraq and invading.
That was like when we were watching the tanks
and the Hummers going in.
I'm not a fan.
Listen, I'm a fan of women joining
and if they could play key roles in like comms
or like they could assist in the combat.
But ground troops running in on the ground,
boots on the ground, and war, I'm not a fan.
Because what if they do have to get to a situation
where it is hand to hand combat with another
man?
What are the odds you think the percentage of that guy winning that hand to hand combat?
Because at the end of the day, he just nailed it.
There's standards, Pat.
You have to pass on all different standards.
Every soldier has to have the same qualifications because let's be honest, if we're talking
about all war breaks out and it's her against another guy
one on one.
He's going to win 95% of the time.
So I'm not for boots on the ground fighting, but any other supporting roles, you know what
I mean, like drones or all that stuff, if she's lethal in that sense, that's fine, but
on the ground, I'm not a fan of that.
It's pretty simple to me.
Men are not women, women are not men.
So therefore we are not equal.
We are equal under the eyes of the law.
We were not equal in stature.
We're not equal in size.
We are not equal in strength.
We are not equal in speed.
If we were, go let the women of the WNBA play with the NBA guys.
All right.
Go let men and women compete the UFC.
Let me know when Rhonda Rousey shows up against Conor McGregor how she does. Good luck ladies
So in the military sure women can be in the military but not in the roles fighting against men
You know, I had dinner you've never seen GI Jane with Demi Moore. She's you've never seen I've had
You know, you know, I've had
More she is gorgeous. Hello, I would whoop
We'll be Maybe maybe one of the best movies to She is gorgeous. Hello. I would whoop
Maybe maybe one of the best movies to highlight Demi Moore's greatness
and her God-given gifts was the movie called
Indecent proposal. Oh, what is the guy's name? guys named Robert Redford freaking movie. That's when shoddy took off because that's
shoddy. That's shoddy song is in the movie. Yeah. And decent proposal. So ordinary love
ordinary love is no the way she looked in that movie. She invades my bedroom. I surrender
Tom you and your horizontal mom bow number five. It's always clip it.
But she was gorgeous right here.
Ain't nobody intimidated by Demi Moore other than maybe if you're scared to get a girl's
number.
But you know, I had dinner with a girl who serves in the IDF.
Do you know in Israel that every single civilian has to serve two years in the military?
I think for men it's two for women. It's one and I said to the girl I said well
Why is it just one and for which well she's telling me well
We are different than the man the men are the fighters that we I was in the Air Force
I didn't fly the plane. I sat in the back. I did logistics. She's telling me all this stuff. She's in
I sat in the back I did logistics. She's telling me all this stuff. She's in his
Movie rat tattoo. Yes that too. My French accent is I was maybe she was a little French
She's saying that
Men and women are not the same that she doesn't want to be in combat None of the women that she knows wants to be in combat. They have different rules
Yeah, so why is that different? I love the fact that he's having a conversation.
And I love the fact that he didn't back down and get scared.
He says, if you meet the standards, great, like what you said.
100%.
But Tom, I got a question for you.
And specifically, I'm coming to you with this one here.
I want you to watch this clip by Senator Gary Peters, Democrat, Michigan.
I don't know who he is, but by the way, I actually think it's a very good question he's asking.
Because for me, I'm trying to hear questions, like you know how it's kind of like, oh, there's
nothing on my side that the guy's going to be.
When you're choosing a candidate, you ought to be wanting them to be asking anybody tough
questions, right?
No matter who it is.
This is a very fair question to ask Rob if you can play this clip, and on the time I
got a question for you go for it
Organization and I'm sorry, but I don't see that in your background. There are a lot of other things you can do very well
You're a capable person
But I'm not I do not you have not convinced me that you're able to take on this tremendous
Responsibility with a complex organization and having little or no
tremendous responsibility with a complex organization and having little or no significant management experience.
Senator, I'm grateful to be hired
by one of the most successful CEOs in American history.
Should I be confirmed?
Is that Roger Ailes?
No, no, Rob, this isn't a clip.
No, he's talking about the CEOs.
No, you can pause it right there, this isn't a clip.
But the guy asks a question and he says,
Pete, you have not represented more than 100 employees max
in your career. And 100 employees, it's not employees,
I think it's troops in the military that he has.
How do you go from 100, right?
And Rob, if you wanna listen to it yourself first
and then see if this is the one,
how do you go from 100 hundred to all of a sudden now leading something like this that's this massive?
So here's the question. Do you think which of the two matters most? A Trump who's never been in a
military, he's never served in a military, but he's the commander in chief.
That phrase commander in chief is a military phrase.
Yes.
President, maybe it's a political phrase, but commander in chief is a military phrase.
What's more important to you?
A person who's never served to be the commander in chief, this person's never served, but
they've ran a big organization, very successful in business, very successful in entertainment, and now they're going to come and run the
country, which he's done now twice.
Or somebody who has served but no bigger than 100 to now get the responsibility of nearly
a trillion dollar budget and hundreds of thousands of people now he has to manage.
Which one of those two are you more comfortable with and which one of them are you not comfortable with?
Maybe you're comfortable with both of them.
So I am more comfortable with, I am very comfortable with Trump as Commander in Chief because he
demonstrates that he's very strategic, he's very decisive. And strategic and decisive,
which Jimmy Carter wasn't and
That hurt Jimmy Carter because he was not strategic He was not decisive even though he was a decorated very smart very smart a
submarine commander
Nuclear submarine program so he was in a very complex, but Trump is decisive. He's a negotiator
He's run a large organization and isn't it interesting
Understanding the pitfalls of the large organization
He creates doge and puts guys in charge of it to go attack the bad part of large organizations
So I am very comfortable in Trump in his role on the two angles. I'm very comfortable about his strategic side
I think things are happening around the world like yesterday the ceasefire
Because people fear his decisive and strategic side and he's one large organization
I think Pete understands the outcome of the Department of Defense as being part of it
But I think it is a fair question
Pete I think is gonna have to rely on other cabinet members, you know
Secretary of Commerce and people that have run large organizations. And I think that's the purpose of the cabinet and the purpose of his relationship with his boss.
And if you don't think Doge is also going to be looking at bad spending at the Department
of Defense, you're not paying attention. But I think it's a valid point to be asking,
are you ready to run this large organization?
I'm more comfortable with Pete there
because of who his boss is gonna be
and because of the people that will be around him,
specifically Doge.
Yeah, I think what you're asking
is a very important question.
You're basically saying, are you more comfortable
with a CEO, businessman, entrepreneur, founder
taking over the role of commander
in chief of the military, or you're more comfortable with a former military, someone who's never
run a company, ascending to a role where he's now the CEO of the military.
I'm more comfortable with the first one because leadership is transferable.
How often do you see a CEO of a certain company, Uber,
then he goes becomes a CEO of Starbucks.
He doesn't know anything about coffee.
He was driving cars, but he understands leadership.
He understands basically how a company is run.
He understands all the different elements of there.
Well, what he's talking about with Pete Hegseth,
and I actually think it's a fair question,
and I'm quite biased.
I'm rooting for Pete, like the guy, rooting for the guy. Everybody rooting for the guy. But he's never run a company. He's never been
a CEO. He's never been the top of the food chain. When he says, yeah, I had the opportunity
to work for somebody. My mind went to, he worked for Roger Ailes. No, he's talking about
Donald Trump. So does Pete Hegseth have the knowledge? Does he have the skillset? Does
he have all the skills to pay the bills? Yes.
But does he have the authority, the leadership?
That's what's in question right now.
So we're going to find out.
I want to put in a question, bro.
20 years combat veteran, has medals to prove it.
And my thing is this, with him and with Trump, I want both of these people to be America
first.
Pete Hexhex is America first. Donald Trump is America
first. They're not DEI, they're not woke bullshit, they're not trans in the military. Listen,
at the end of the day guys, we want killers to be in the military. I'm sorry to be so
freaking blunt and we want killers. Everybody else, all these terrorists, Adam, Hamas, all
these, China, they have killers. they have people that are ready to fight
and that's what we need.
And Pete is a G, his predecessor, Lloyd Austin,
did you guys know this?
Kind of like a dereliction of duty, he had surgery,
he had prostate cancer, I'm happy he's okay.
He had prostate cancer, underwent surgery,
so from December to like January, a couple dates,
he didn't report it.
He basically went MIA, Tom, which is,
it's not illegal
but you're breaking protocol you can't just disappear and then all of a sudden
like oh yeah by the way I was having surgery okay so you want if you want to
talk about professionalism and being stepping up to the job I think Pete has
it and it's not like he's just sitting in there by himself he's gonna be
surrounded about other people that know the job they're gonna fill him in I'm
completely happy with him and that his boss being Trump. I'm going to give you a little pushback. Go ahead. Push
because on the surface, I agree with you. I wanted to be America first. I want them
to love America. I want them to have the skills to pay the bills. I want a complete agreement
there. But I think where PBD was asking, and I'll give a weird analogy, who's the guy that
you just had the podcast two days ago? Basketball player.
How many former great professional athletes, NBA players for this example, have gone on, I'm talking about the goats, have gone on to become awesome coaches in the NBA?
Not many.
Okay. Or awesome GMs or even owners. I mean, Michael Jordan, that's one of one.
So I think what you're getting at is just because you're a good player, just cause you can put the
ball in the bucket or in the military, just because you're good at it. Doesn't make you
the guy that can run a company. This is, I think what you're asking. Yes or no. For sure.
Yeah. So to me it's Tom, you were going to say something about this. No, I, I like what
Vinny's commentary. What would you agree with Vin, I like what- Vinny's commentary, do you agree with Vinny?
I agree with Vinny's commentary up to a point.
He is gonna be surrounded by great people.
He will be recognized by, you know,
I think, you know, the five,
I can't even say the word.
You know, Army, Air Force, Marines, and Coast Guard, right?
The five departments in the Department of Defense.
I think he's going to be represented by the men and women serving there and highly respected
because of his combat experience.
But actually, that's what you want in the Commander in Chief.
You want all of them to respect the Commander in Chief to know that you're not going to
be sent into foolish battle and he's going to be strategic about the way he deploys you.
But I agree with what you say up to a point
But I think it's a it's very valid what they're bringing up
But I think if I was just looking back at the past secretary of defense is you had people that lacked any military experience whatsoever
You had people that were
Bureaucrats and had never run large companies
And I think what we're seeing here is the bright lights of inspection
that the Democrats are choosing to use for this confirmation
season that have not been equally applied
in other confirmation seasons.
I want to ask PBD a question, because you
were in the military.
You were in the Army.
First, what was it?
What was your division you were in?
Honor for Sarah Bourne.
OK, so I don't think any of us have a have questioning Pete Hegsek's loyalty, love for America. I
think if there is a question is, are you ready for this job? Right? What do you think, Pat?
Is he ready for this responsibility? He's never been a CEO.
Yeah. So let me, I'm doing exactly what Tom's doing. So Rob, if you can go up and look at previous Secretary of Defense,
right now it's a guy named Lloyd Austin, okay?
He served.
Yeah, he was a four-star general.
He was a four-star general, so think about that.
A four-star general, right?
So then you had David Norquist, okay?
Who himself was a 34th United States Deputy Secretary
of Defense
and then both national defense.
And then what was his background on what he did?
Was he a four-star general?
Was he, what did he do before?
Previous to that, Department of Defense,
acting secretary of defense.
I don't know what his background is.
If you want to look it up Tom, David Norquist, okay.
And then you have Chris Miller, right?
And then you have Mark Esper, right and then you have Mark Esper
Okay, I guess for under Trump right under general Mattis you have general
Well, you go through this and you kind of see a couple things America. You see you see moral authority and
You see somebody who has had high level of managerial
leadership opportunities and examples.
By the way, nowadays to be a general is you're essentially a little bit more a politician
than you were 50 years ago.
It's not what a general used to be years ago.
So I don't know.
I think it is a valid question to be asking on the executive side.
I thought it was a very good question to ask and you know what's the great thing about
that?
He gets to go prove himself to the market and and say I'm actually gonna be a good executive great
Let's see what he does
But the reality of it is if there's anything he's gonna be reading up on right now
It's not gonna be history the military
It's gonna be more about leadership and executive like, you know, he needs to go read five temptations of an executive by Patrick Lincione
He needs to go read a lot of Drucker. He needs to go read Five Temptations of an Executive by Patrick Lincione. He needs to go read a lot of Drucker.
He needs to go read a lot of Lincoln on leadership.
He needs to go read a lot of books on manager.
By the way, this one's very interesting.
Rob, if you want to play this one here, it's fairly easy, it's fairly short, to the point,
and you'll see where he's going with this.
Go ahead, Rob.
Okay.
Without objection, it will be entered.
Thank you, Mr. Chairman.
Pete, I'm actually going to ask you questions because I want to hear your answer.
How many genders are there?
Tough one.
Boom.
Senator, there are two genders.
I know that well.
I'm a she-he, so I'm on board.
I'm a she-he.
His last name is she-he.
What is the diameter of the rifle round fired out of an M4 8.1 rifle?
5.5 sets of 5.5.6.
How many pushups can you do?
47.
I did 5 sets of 47 this morning.
What do you think are most important strategic bases in the Pacific?
In the Pacific, Guam is pretty strategically significant.
How many rounds of 5.56 can you fit into the magazine of an M4 rifle? 30.
Depends on the magazine but standard issues 30. And what size round is the M9 Beretta
standard issue sidearm for the military fire? A 9 millimeter.
Who was buried in
gran's tomb what kind of batteries you put in your night vision goggle lithium duracell
so right there you representing qualifications that's great okay so vini by the way shout out
to you you knew all the answers i don't know if you cheated or i didn't shoot but this is the stuff
you learned in the military.
He's the airman of the year.
This is a guy that's a, take him to anywhere to shoot.
I can shoot.
Have you ever seen him shoot?
Aha, very good shot.
Oh, I mean, we're good.
No, no, no, no, I'm not good.
Don't say I'm not good.
I'm a trained.
I know what I'm doing.
This guy forgets his gun in half the meetings.
I go, I'm gonna hit your guy.
What are you talking about?
I'm a killer.
Anyway, but at the end of the day,
the Secretary of Defense, what's his job?
What's his job?
He advises the president on military policy,
oversees the entire armed forces, as Tom said,
and ensures civilian control of the military
and manages defense.
If you think about it, veteran experience, leadership,
okay, he was an officer at the veteran foreign wars leader.
He understands operations. He knows what he's saying. And here's my question, the was an officer, the veteran foreign wars leader. He understands operations.
He knows what he's saying.
And here's my question, the Department of Defense,
are you guys happy with the state
of the Department of Defense right now,
the way that it is right now?
Okay, zero.
This is gonna be a breath of fresh air
and I can't wait to see it.
And by the way, Pat, this is a job, you can get fired.
Donald Trump could easily, if you're not doing well,
you're out.
That's shit.
It's one of the questions on VTNews.ai.
Oh, is it?
Oh.
If the people that get the executive jobs,
how many of them will not have their job
by the end of the 100 days?
Oh, he loves flying.
You're fired.
Zero, one, two, three, to four, you have to go there and-
Before we move on, do you have the clip?
Thousands have already participated, guys.
Go to VTNews.ai.
You'll see the first 100 days.
Go participate.
If you think you're good at making predictions go start with these first four
14 predictions on VT News area go ahead by the way before we move on do you have the clip from the senator from Oklahoma?
Senator Mark Wayne Mullen or he's talking about the drinking because they were pressing him on drinking
This is a big deal and Tim Keynes Tim Keynes Tim. No lips. Okay, so if you find that I'll basically say this he goes
So you drink alcohol, right? He's like like yeah, I've had a drink or two
Have you ever showed up to work drunk? He's like, what are you doing right now? Like I've had a drink or two here to watch
This is it the hypocrisy is hilarious
Because I googled it and I googled it and went through a lot of different sites and really it's hard to see but in general
The US Secretary of Defense
Position is filled by a civilian
That's it is this the alcohol part if you have served in the US Army forces
Basically said it was for I guess your job. Okay back up back up I second senator from Virginia starts bringing up the fact that what if you showed up drunk to your job?
Here it is. How many senators have showed up drunk to vote at night?
Tim King.
The room starts laughing.
Have any of you guys asked them to step down and resign for their job?
And don't tell me you haven't seen it because I know you have.
And then how many senators do you know have got a divorce before cheating on their wives?
Did you ask them to step down?
No. But it's for show. You guys make sure you make a big show and point out the hypocrisy because the man's
made a mistake. And you want to sit there and say that he's not qualified? Give me a
joke. It's so ridiculous that you guys hold yourself at this higher standard and you forget
you got a big plank in your eye.
We've all made mistakes.
I've made mistakes and Jennifer, thank you for loving him through that mistake.
Because the only reason why I'm here and not in prison is because my wife loved me too.
Wow.
Senator, Senator Mark Wayne Mullin, by the way, shout out to you, calling out the hypocrisy from
Congress, grilling him on his personal life.
And shout out to Tim Kaine.
Not how qualified he is.
Tim Kaine's hair?
Did you see Tim Kaine's hair?
It's falling apart.
Not on how qualified he is, not does he deserve the job.
What does your personal life look like?
And he asked him, how many of you mother suckers have shown up drunk to work?
Because if that's the answer, you would all lose a job.
I just want you to look at Tim Kaine is the, like who was, um, He ran with Hillary. Have shown up drunk to work. Yeah, because if that's the answer you would all lose a job
Look at Tim. Tim Cain is the like who was um, and with Hillary we know I know but who was a what's-her-name's
Vice-president Tim Walls, that's the two Tim Walls back in day But he combs his hair with the same balloon that Bernie Sanders combs his hair with that's the same balloon
That he made why you're going personal attacks.
I'm not personal, it's a balloon haircut.
They're looking at the job.
Go ahead, Tom.
The point is this guy Mark Wayne Mullin made a great point.
He did.
That if you guys are all judged on drinking, you'd all be fired.
Give me a joke.
Give me a joke.
You know what, Vinny?
You give me a joke.
This has been said a couple times.
He sounds Middle Eastern when he says, give me a joke.
What is this?
My friend, my friend, give me a joke.
They are much more careful than ever.
And all of these folks know that they're on TV.
They're being covered on all the major networks.
But previously, when it was just CNET and not all committees
were there, there were multiple times where people would say,
you're badgering the witness about something
that if we were all tested, we don't have enough people
to come in here and have a committee.
Yeah, that's true. And they're saying the same thing, right? Yeah, good for him for doing that.
Shout out to Mark Wayne Mudd. Yeah, I like that. I like what he's saying right there. Okay, let's
go to the next story. Bill Burr, folks. Do you have this clip? Eviscerate, effing idiot internet
trolls who say the LA wildfires were mismanaged, okay?
He is on a wood show with Jimmy Kimmel.
I'm glad he has his name tag in case we forget it.
So, and go ahead Rob, play this clip with Bill Burr.
Liberal.
Yeah.
Kimmel.
Oh, thank you.
It's very good to see you.
I heard you had to evacuate your home.
Yes, yes, like most people I had to.
I got lucky, you know, the winds moved,
but you know, the fire was coming and all that stuff.
So I feel lucky.
Are you guys back in?
And I think everybody did a great job.
Great job.
I like the internet, you know?
Yeah, right, I know.
Oh, my god.
All of these fire experts.
Where did you just fly a helicopter into the ocean?
And then just f*** it.
I don't know,
because it was 100 knot winds.
You want to do that?
You want to do that at night, you f***ing lunatic?
How are you in a-
This was definitely mismanaged.
That's a big word we're hearing now.
Mismanaged, like some f***ing idiot on the internet
knows how to manage the worst fire in LA,
sitting there in his underwear. You know what?
Looking at the footage on the internet,
I have determined that this here was mismanaged.
Vinny.
Well, first of all, this is from a guy
that openly says he doesn't read,
and you can obviously see why.
First of all, beyond ridiculous,
does anybody out there,
you guys, our audience, anybody believe that they did a great job of what they're doing?
This dude is completely out of touch. Okay, he also, there's another clip, Robbie, I'll
just say it, he criticized CNN on the same episode that the healthcare industry, the
United Healthcare CEO's assassination, and he supported the accused Luigi Maggione. He goes, free Luigi, because he's comparing him to insurance practices.
Oh yeah, that's who he is. But, okay, so they did a great job. Let's go over the facts,
Bill. 1200 structures destroyed.
Thousand.
Twelve thousand, I'm sorry. Twenty-five lives lost, 40,000 acres burned, and they're still
burning and there's more fires being
set as we speak.
I saw one last night, they got another guy for starting another fire and that's a great
job.
I mean how much more would have to have been destroyed for you to say it was a failure?
And your house didn't burn down, Bill.
He's excited.
My house didn't and that's where you're going to start criticizing and talking shit.
And nobody is blaming the firefighters
Okay, they're heroes. Okay, they're out here risking their lives with
Inadequate resources the governor's full of shit. Everybody knows he's full of shit
No matter how much he tries to fact-check and be his thing. We just fact-checked him right here
But that's not the point. The issue is years years of poor decisions
mismanagement and the neglect that set the stage for disaster.
And let's go back to who Bill Burr really is. During the pandemic, he criticized those. I don't
know if you have, Rob, do you have those where he criticized anyone who opposed masks and vaccines.
This guy in 2021, he criticized anybody refusing and he said, it's so effing dumb this I don't trust it you're
all full of shit and you don't trust it highlighting everybody's reasoning this
is this is who bill burr is and then in 2020 on Rogan he defended wearing masks
when Rogan questioned the necessity he responded I'm not gonna sit here with no
medical degree listening to you all with no medical degrees acting like we know
what's up better than the
CDC. Okay, this guy's probably quadruple Vax and has taken
every vaccine and then in 2021, he criticized DeSantis for
banning mass mandates in the state referring to such
politicians as effing pieces of you know what and then I try to
realize it like how does somebody who's to me one of the
top ten comedians of all time
Where's this shift? Where does this you believe in the internet and to say that it was a great job
Then I realized think about the household his what you guys remember his wife
Nia Renee Hill she was at a UFC
Match she got great seats because of probably Dana White and the Joe Rogan
Relationship she's sitting behind the
President of the United States who's very close with Donald Trump and she's flipping the bird.
Look at look at Bill Burr's face and look at her flipping the bird and then in my head time I'm
like what what would make somebody have this much hate? Emerson College. She went to Emerson. What
kind of school is Emerson? It's a very liberal college. Oh okay so it's one of those okay and
then back in 2018 she got upset for being mistaken the internet that he's talking about
for mistaking her for Regina King.
And she called it a racial stereotyping.
She blamed white media creators for not being able to tell black people apart.
But here's the kicker.
You're married to a white guy.
Okay.
It's like the Don Lemon thing.
They always preach that white people are evil and that they're the biggest problems, but you're all married to white people
So is Don Lemon. Okay, lemon is married to a white guy a white man, but white people are
Yeah
But it just get out of here. It's just Pat. Just go and he's good at it
Yeah, it just goes to show you how out of touch somebody like Bill Burr is and I don't care what people say about his comedy he's brilliant but to say
some dumb shit like that and not only disagree with it I hope like whoever's
in his ear and I think we know who it is you to get out that woke mind virus shit
that is not working. Well Vinny I'm you know with everything there's nuance
some things you say that are right some things you say they're wrong. Let me just
address the biggest incorrect statement you You said, are you ready
for it? What you came out there and you said the following, Bill Burr, one of the top 10
comedians of all time. I almost lost my mind. You don't think he's in the top 10? I don't
think this guy's in the top 100. Really? Is he a good comedian? Has he had a good career? Stop it. No, he's in the top 10. Okay. No, stop it. You don't let let's let the audience. Okay
Let's uh, can we make a bet though really fast? Top 10 all time? Hold on. Hold on. Are you kidding me?
Can we do this bet? If he's if our audience goes what would you say?
75% or higher the best top 10 if he's in the top 10
$100 I'm not gonna bet this just because I'm saying let's do the bet if he's in the top ten hundred dollars I'm not
gonna bet this just because sometimes our audience will say that no no no no
98 percent chance we didn't land on the moon no no no comedian of all time
bill burr in my opinion is nowhere near the top ten okay he ain't Chappelle he
ain't Chris Rock ain't Jerry Seinfeld he ain't close he's up there however yeah
we do know that he's married to a liberal black woman who's flipping the bird
to Donald Trump.
Okay, all good.
But by the way, let's figure out if,
you know who's gonna have the deciding vote?
You were about to make a quick hundred dollars.
I'm just telling you right now.
I don't need the money.
I just wanna make the state the fact
that Bill Burr ain't that dude.
He ain't that dude.
I'll give him a shout out for being a white comedian who hasn't been canceled. But here we go. But what I will
say is great, since when do we listen to a comedian's opinion on anything with the fire?
Who cares? But speaking of celebrities whose houses have burnt down, Mel Gibson, James Woods,
Paris Hilton, Billy Crystal, John Goodman, Miles Teller, Anthony Hopkins, they're going to get a say
here.
Let's let them have a say.
You know what's going to have a say in this?
The tens of thousands of people whose houses have burned down and the hundreds of thousands
of people, if not millions of people, whose lives are going to be completely uprooted.
They're going to have a say and they're going to have a vote in the upcoming election, whether
Gavin Newsom, whether Karen Bass, whether any of these people should retain their positions my
Speculation is if they're not drinking the water that was just burnt down and having weird stuff in their water
These people are gonna be looking for jobs. That's my so
I think it's really easy as a comedian to just get invited on a show and go on a riff
It's very hard to
to just get invited on a show and go on a riff. It's very hard to, and that's an opinion,
and you can just spout off all you want.
It's very hard to face facts and go on a riff like that.
And so he's throwing his opinion out there,
he's dropping the profanity in there,
oh, would you fly a helicopter and you do that?
And so I just put very little in it.
And he's been given a stage
by liberal publicist Jimmy Kimmel
that I can't even call him in my opinion a talk show host or a comedian in his own right
because he's become a political pundit and a PR mouthpiece for all that he believes in
and has become really difficult to watch.
Not my opinion, the opinion of many peers,
including those who are signing his paycheck
inside of a large office building.
And so I just put very little stock in this.
And I will say this, I will agree with Adam,
write that down, agree with Adam,
when you go down the list, the Pantheon,
the Hall of Fame, and you go Lenny Bruce, Richard Pryor,
George Carlin, Robin Williams, Chris Rock,
Jerry Seinfeld, Dave Chappelle and others.
Freddie Prince, I think was a genius and gone too soon, you know, and the spaceman, the
man in the mirror, right?
Thank you very much.
Andy Kaufman, Andy Kaufman was improvisation.
I'm up to 11 and this guy's not even there and I'm not, I'm not a connoisseur of comedy,
right?
I just think, you know,
bill just needs to save it. You know, there's the, he's not looking, he's not looking at
the fact, but you know what? I'll tell you what I'll defend. I'll defend his right to
say what he said, but then I'll defend my right to just say what I just said and go
analyze. If his house burnt down
Oh, I guarantee you'd be singing a different tune correct now. I when I come on Tom
Let's let the boss have a say here before you get a pow-pow. We don't need that
You think Bill Burr is a top-ten comedian. Do you think what he said was right?
This is gonna sound weird guys. I've listened to, if I tell you top 10 comedians I've listened to the most,
Bill Burr is in my top five of listening to.
But I'm not, I like, I've never.
So you haven't listened to many.
Not just like, I found that Lenny Bruce
is Rogan's favorite comedian.
I've never listened to Lenny Bruce.
Sickest gift you've given to Lenny,
well Lenny Bruce was in the 1950s.
Yeah, I know, but what I'm saying to you
is I'm not in this world to know.
You ask me different sports that I've followed,
I could tell you.
You ask me, every clip of every time Bill Burr
was on Conan O'Brien,
how many times have I watched each one of the 15 clips?
It's 100 plus times.
Like Hillary, she dressed like a real estate agent,
you look at her, I was kind of glad.
He came out and when they won,
we thought this was such a big thing,
the hockey thing when we won.
This is like with the Gibson home run, the stuff he does is very good.
And since you're a sports player, it's like saying that Rich Chapman is one of the top
10 basketball players of all time.
When he came up Philadelphia, when he got up there and does a Philadelphia, was it Philadelphia?
Yeah, Philadelphia.
Did I watch that thing a hundred times? I hope your mother saw the stuff that he does.
You're like, this guy. However, I'm not having that debate. That's not a priority in my life.
And I'm a comedian, Adam, so I'm a different lens.
Let me just make my, let's get moving.
Because honestly, we got a few stories I wanna get into.
This is not that important.
I love that he knows the playbook to go out there
and say something that nobody else is saying
and everybody else reacts and he gets 100 million views.
Good for him.
Now, all the other stuff with California, to say that the other people can't say anything,
the helicopter, why you go fly the helicopter?
What are you talking about?
That's the job of the guy that if crisis happens,
he's supposed to go out there and save people's lives.
Don't take the damn job.
What do you mean you go fly the helicopter?
No, the other people that don't do it,
they don't want that job.
That's the point. I don't want that job. I don't want to be that person the other person is taking that job
So no, I fully disagree on what he's talking about
There are the people that are in it that are being directly impacted who have the highest moral authority of giving feedback
Of what happened when you think about the state of California you had a reservoir called the Santa Ines Reservoir, a hundred and
seventeen million gallons of water in it that's been empty since February of last year due to a
hole on the cover because of bird poop they were worried about that they couldn't fix that quickly.
That Michael Schleppenberger that's being on Tucker Carlson is saying we asked other people that are
running other reservoirs saying if the reservoirs empty for a week or two we
panic we fill it up ASAP and you need to tell me as a governor in the state of
California that has access to 1,300 reservoirs that's how many reservoirs
California has don't you think as a governor of a state that you know the
biggest crisis that happens in your state is either earthquakes or fires
generally more fire than earthquakes don't you think you would have a chart on
the wall to be looking at how your reservoirs are doing?
Specifically in Palisades, your celebrity Hollywood actors that invite you to dinners
are the ones that are going to be directly impacted by this and you have a reservoir
that's been empty for almost a year and you're not watching this?
You don't need an MBA or a bachelor's
or a master's in water and fire to understand that that's a dumb move. That's dumb and that's
called horrible leadership by the man running that state. This is why so many people are reaching out
to me right now about getting behind somebody for California for a governor and wanting to find ways to
get this guy to resign or do a recall.
Yesterday we looked at the lieutenant general of the state of California, so if he resigns,
his same exact person is going to get in there.
Lieutenant general is this lady called Lena Konolakis.
So resigning is actually not the solution.
It's recalling and getting somebody else in there and getting people that are willing
to go out there and give a message in California that are able to sell and evangelize and others
getting behind it.
There's going to be a lot of stuff happening right now in California, folks.
Stay tuned.
You're going to see some major things taking place in California, people pushing for a
recall.
This was a travesty.
This was tragic.
And no, you don't need education to look at these things
and do a little bit of research and say,
none of this makes any sense.
It just doesn't.
It comes down to leadership.
So, but anyways, will I still listen to his comedy?
100%.
It's funny as hell.
Old clips of his.
Okay, TikTok.
Tom, I'm coming to you with this one.
TikTok responds to rumors China wants to ask Musk
to buy the platform.
Pure fiction, Rob, is that a video clip that we have
or is that just a story?
Because it says yellow.
I have an old video clip, but this is Elon Musk
being asked about TikTok and the potential band
and his perspective on it.
I'd love to see it, yeah, go for it.
I can't say I have a strong opinion on tiktok
seems you have an opinion on what it should be done or not
you know i'm generally
uh... against banning things uh...
so i i'm probably
not to be a very very it would have to would help twitter i suppose if tiktok
was banned
uh... because then what a great answer time on Twitter and less time on TikTok.
But even if it would help Twitter, I would be generally against banning of—
Very honest answer, okay?
Very honest answer on what he's saying there.
But let me read this story to you guys, folks, on what's going on here.
Because TikTok dismissed rumors, reports by Bloomberg that Chinese officials were exploring having Elon
Musk acquired the US operations to prevent a ban under protecting Americans
from foreign adversary controlled application app. TikTok stated Fox
business we can't be expected to comment on pure fiction is what he said okay.
Then there's another one coming up here from Forbes talking about the fact, and also Reuters,
TikTok preparing for US Sunday shutdown.
Sources all tell Reuters TikTok plans to shut it up,
shut its app up in US for users on Sunday
when a federal ban on the social media app
could come into effect unless the Supreme Court
moves to block it.
The outcome of the shutdown would be different
from the mandated by the law.
The law would mandate a ban only on new TikTok downloads
on Apple and Google Apple stores,
while existing users could continue to use it
for some time under TikTok's plan.
People attempting to open the app will see a pop-up message
directing them to a website with information about the ban.
The sources said requesting anonymity is the matter, is not public.
The company also plans to give users an option to download all their data so that they can
take a record for their personal information.
They said privately held ByteDance is about 60% owned by institutional investors such
as BlackRock, General, Atlantic, and while it's founders and employees
own 20%, it has more than 7,000 employees in the US, Tom.
Well, you just covered it there.
And so inside all of that you just read, absolutely correct.
So is TikTok going off the air on the 19th?
No.
Is the 19th an important deadline?
Yes.
That means on the 19th, no new users will be able
to download it for the first time,
because it'll be suppressed from the app stores.
It'll be out of the app stores for Google and for iOS,
Apple, starting on the 19th, unless there's an intervention,
which there's not gonna be right now,
because the Supreme Court says,
nah, we're not gonna mess with that.
So, as of right now, they come down.
What's that mean?
If you have TikTok, you could keep using it for some time.
What is that?
Well, that's this interim period there where they have to sort out ownership of US assets.
However, 24 hours later, I believe you're going to see a stroke of the pen and one of
the 100 executive orders from Donald Trump is just going to say something
very simple.
He can't repeal the law that was set in front of the Supreme Court in the executive order,
but you know what he could do?
He could basically sign an executive order that says, hey, wait a second, let's take
a little more time to look at this or let's do this.
Or he could sign an executive order saying,
I'm asking for a moratorium on the law
while the ownership is sorted out.
And they'll say, well, wait a minute,
that's what the deadline of January 19th was.
We were giving them time to sort it out
and they didn't do it.
So I think that's what you're gonna see.
I think Trump's gonna intervene, executive order,
but I believe, as I predicted, that ultimately,
now we gotta be careful here,
the US assets will go to Musk.
I believe Musk is gonna put together the deal
to pick up TikTok United States.
Why?
Because then if I'm Musk, this is what I would do.
I would say on ad sales, I would move the ad rates,
and Ford Motor Company comes up says hey we want to
Advertise our small EVs and some other things on tick-tock to people great
70% of your ad buy can be tick-tock, but we'd like 25% of the ad buy to be Twitter X. Oh
Yeah, and and the rates have just gone up. Yeah, if you have another
Social media that's similar
that you'd like to go spend money there, do it.
But my rates just went up.
And I think that's normal capitalist response
because that would help X and that would help that.
But here's the part to remember.
Nobody is talking about the grill in the room,
which is the algorithm. And does the data in the room, which is the algorithm and
Does the data leave the US and end up on servers that are inspected and otherwise controlled or access?
By the CCP great that is the question that everyone's asking saying okay. What if they Elon Musk gets the US assets?
what about the algorithm that they're using, and does he get that so we can make sure that
we know what's going on?
And what about all the data?
Are we going to close any back doors where CCP, ByteDance, can get their hands on the
data for long-term surveillance, long-term database of US customers, or their own ad
redirecting? So, don't know, their own ad redirecting.
So, don't know.
What do you think when you see all this?
With specific to TikTok,
I mean, look, a part of me thinks
I hope the ban happens on Sunday.
And let me explain to you why.
Not for the reasons you think.
If it happens on Sunday,
here's what it means strategically.
How many people will be flipping out
and who will be flipping out if TikTok is banned on Sunday?
Think about age category and demo.
Who will be pissed on Sunday?
Teenagers and college kids.
What age?
Gen Z, you know, 15 to 29.
How addicted are they to TikTok?
Ridiculous.
How important is TikTok to them? How a big they to tick-tock? Ridiculous. How important is tick-tock to them?
How a big part of their lives is tick-tock? Yeah huge
I would argue that their lives have been and magically altered. Give me sex. Give me sex gender specifically male or female girls
I would say 65 percent female then male. Okay, so check this out. So imagine
19th who's the president?
20th who's the president? Donald J. Trump. 20th, who's the president?
Donald Trump.
So in the history books, if Joe Biden wants to take credit,
the fact that Hamas is releasing the hostages
and saying, oh, because of me, they're afraid of me.
Okay, so guess what?
You're the one that shut down TikTok,
and then Trump will be the one that opens up TikTok.
Imagine that younger generation,
they're gonna sit there and be like, dude, listen, this
guy at least allows that.
So in a strategic standpoint, I think it helps on the Trump side, just like the same way
Elon said, Twitter, TikTok, it helps Twitter, right?
So Biden is over here talking about the fact that hostages is because of him, and then
they came back and said, no, it's not really because of him.
Trump's the one that's asking him to stop and all this other stuff.
I think that's that part of it.
The other part is I think TikTok's going to be around for the people that are worried
about TikTok.
They have nothing to worry about.
I would like it not to have anything to do with Biden, not to have anything to do with
China.
Zero.
I want nothing to do with them.
I want somebody here to own and I would like somebody to own it that is not a monopoly because
If if Zuck and this is the behind closed doors if you think about how Elon is making this argument to Trump
Here's how Elon's making the argument to Trump to allow Elon to own tick-tock. You ready?
What does?
Zuck own Facebook meta And what did he buy?
Instagram. Okay. And what's Instagram more comparable to TikTok or Twitter?
Instagram is more like TikTok. And is Facebook more like Twitter or TikTok?
Facebook is closer to Twitter. Closer to X, yeah. Okay, so guess what? So he's like,
dude, he owns Facebook and he owns Instagram? Well listen, if I To X, yeah. Okay, so guess what? So he's like, dude, he owns Facebook
and he owns Instagram, well listen,
if I own X, you really wanna protect the long term?
Let me also own TikTok.
It's a good argument.
It's actually a good argument for Trump to be like,
yeah, well Zuck owns those two.
So it's either break all of them apart
and a person can only own one of them
to have a monopoly law get in place,
or if you're gonna ask,
if you're gonna allow him to own both,
you may as well allow Ilan to own TikTok.
I think somebody else should own TikTok, if you ask me.
I would like to have other people own TikTok,
and I would like to have somebody else own Instagram,
not have both of them be under Zuck, just my opinion.
Here, Mr. Beast made a video on X,
and he was trying to say he wants to get a couple of billionaires together
to purchase it, which would be freaking wild.
I saw that, yeah, I saw that.
And I'd like competition, I'd like competition
to see who wants to buy it.
What I would not like to see is Elon Musk buy TikTok.
If you haven't noticed this oligarchy of technocracy
and these technocrats where what a handful of
people just are going to run our country, the Mark Zuckerbergs of the world, the Elon
Musk of the world. I'd like to avoid that. If there's a third person that can come in
that could buy TikTok. All right, I'm willing to see that conversation. So just what is
it going to be the Elon Musk versus Jeff Bezos versus Mark Zuckerberg next 40 years? I'd
like to avoid that. Maybe there's a
different person to come here, but you said that you'd like to see TikTok get shut down Sunday.
I would like to do that. There's not a lot of things that I'm not sort of moderate about.
I'm pretty reasonable, moderate person. Maybe I'll do this. Maybe I'll do this.
On TikTok, I'm more in the camp of absolutist. I haven't heard any compelling good reasons that we
should keep tick tock in this country. There's a little bit of reasons. I haven't heard much
other than we believe in free speech. Yeah. In America, we believe in free speech. This
is a Chinese owned company. Nobody's objecting to that. How many social media companies that
are owned by American companies are allowed in China?
None.
Zero.
TikTok, YouTube, Facebook, Snapchat, none of it, none of it, none of it, none of it.
So why are we even talking about banning TikTok?
Why are we even talking about it?
You remember when the TikTok CEO went and testified in front of Congress?
The CEO, Shu Chu, and he's like, I'm not, I never, I don't even know about China.
Where's China? What are we talking about China? Come on buddy.
Come on buddy. So when they have like, think about the most famous congressional hearings
of all time. When there's smoke, there's fire, Watergate. Yeah, it turned out that Nixon
knew what he was doing. The 9-11 hearings. Turns out there was something going on there.
The Iran Contra affair. We know this building. We know some stuff that something going on there the Iran contra affair. We know this building
We know some stuff that's going on there the college protests when this when the when the
University presidents don't all there's anti-semitism where I don't see it. What are we talking about here?
So when the Facebook hearings and Mark Zuckerberg had to testify there's valid reasons for why they're having congressional hearings
Why we're talking about banning TikTok is because it should be banned.
Right. As long as it's not linked to China, I think we can keep it here.
But it is going to be linked to China.
If it's not, I'm OK.
If it is, I have a very big problem.
And if I'm Trump's advisor,
I am using these next four years
with leverage to say, if you want ByteDance
to own TikTok and be here, you have to let Zuck,
Twitter, YouTube, everybody enter into China.
They're never gonna do that.
But then guess why are we doing it?
Exactly.
And if there's anybody that can negotiate
to get that done, it's who.
There you go, art of the deal.
What do you think is the biggest concern
when it comes to TikTok?
Is it the data?
Is it the national security? Is it the data is it the national security is the data privacy is the shape of the young people's mindset is number one
Yeah, more than anything else the algorithm for you to destroy the minds of the youth is the way you destroy the future of a country
So it's I mean that that's that's the number one. It's not even so beyond national security
It's shaping and influencing public opinion, rotting the
minds of the kids, the algorithm, the doom scrolling.
I'd like to get to the next story.
Point is, it should be banned.
Yeah, okay.
Next story here that we want to go to is, let's go to this one here.
GOP tax leaders, US small business could pay more tax than small businesses do in China
if Trump
cuts expire.
Small business at the same time, that story flips with small business optimism surged
to a six-year high based on Trump policies.
So Rob, if you want to play that clip, is that the clip that explains what's going on
here with the small businesses?
Yes, regarding the Trump tax cuts and why they need to be made permanent.
Okay, go for it.
Go ahead.
Americans are demanding we restore prosperity and build upon the success of President Trump's economic policies that gave the American people the best economy in my lifetime. However, that
effort is at risk if we do not make the 2017 tax cuts permanent.
If Congress fails to act, the average family of four
will end up paying the equivalent of nine weeks
of groceries in higher taxes.
After four years of sticker shock at the grocery store,
that's the last thing families need.
Who was that lady speaking? Okay, so now, this guy who's talking about thing families need. Who was that lady speaking?
So now, this guy who's talking about the tax cuts.
So let me read this to you.
House Republicans Jason Smith talking about the 2017 tax cut.
20 small business owners will be hit with a 43.4% top tax rate, more than 20 points higher than what business pays in communist China.
Representative Jody Errington criticized potential increases asking what's pro-American about this
and then they continue to explain the fact that according to reports from Ernst & Young,
25.9 million small businesses in the US currently utilize the deduction
which provides tax relief
for qualified business expenses.
Tom, thoughts on the story.
This is why small business people were at the polls.
This is exactly what they feared.
Under Kamala Harris, we would have had higher taxes
than in communist China.
So under a quasi-Marxist that we almost elected,
this is what was sitting in the balance, America.
This was hanging in the balance.
She was gonna let this expire.
That was the plan.
And now they're pointing out that,
hey, Trump, thank goodness you're here
because we need you to extend the cuts
that you had had before.
Not just cuts, the tax policy that was that was
growth oriented
sensible and my opinion very fair
Tax policy and they're pointing out they're ringing the bell right now and what they're ringing the bell about and God bless Jason Smith
From Missouri, you know Republican, Missouri and Jody Arrington, Republican from Texas,
they're ringing the bell.
And what they're saying is, hey, man,
in the middle of the inauguration,
in the middle of getting all these people confirmed,
in the middle of all the stuff going on,
don't forget my constituents.
We have to stand for the small business owners
that voted on November 4th,
and we have to make these tax cuts permanent
because they voted for it and
it's going to help the businesses help the economy help what's going on do you
hear what he said he was very clear the qualified business expenses being able
to deduct expenses as a business it jumps up and the it is equivalent to
nine weeks of groceries that's how big of a tax cut and Kamala Harris and the
Dems are gonna say we didn't raise taxes.
Oh, those were Trumps and they just expired.
No, their expiration was your increase.
It was your premeditated increase.
That's what you wanted.
And thank goodness, the small business optimism is up.
You want to know why it's up?
Because they are optimistic about the economic dynamic that's going to be put in front of
them.
And what is that? Hey, the tax cuts you've been operating under, through COVID you operated under, before Trump,
Trump's first administration operated under, and all of this, they're going to be safe and you're
going to be able to continue and grow and expand your business even after this time of inflation,
even with interest rates not back down. This is a very very big deal. Can you see Vinny?
Oh, I didn't raise your taxes. I just let the thing expire. That's political spin. Yeah, that's that's that's like Newsome speak
How would you feel if you're small business guy? I'd be furious
After I voted for it and they after your angry wife convinced you to vote for Kamala
Oh, and then this is what happens to the business,
and you gotta walk into the kitchen and say,
hey honey, look!
Yeah, oh, I'd be over.
It would be, the script would flip.
I'd start drinking again.
You'd be the angry husband.
You're damn right.
And then she'd be the, oh, my guy won,
and she'd be the angry.
Yeah, I'd be furious.
Well, the good news is small business owners
are happy about the fact that you know Trump's getting in there for the policies which means
optimism is higher and I think that's a good thing. Let's go to the next story. Michelle Obama to skip Trump inauguration.
CNN story. So Michelle Obama,
first lady of Barack Obama wasn't at Jimmy Carter's funeral when him and
Trump were speaking if you're not him Michelle when Obama and when Obama him and Trump were speaking, if you're not him, Michelle, when Obama, when Barack and Trump were speaking,
Michelle wasn't sitting there.
And now we're hearing about the fact
that Michelle Obama's also not gonna be at the inauguration
and there's a lot of different theories.
Why is she not coming?
Michelle Obama will not attend the inauguration,
breaking with the traditional former first ladies
participating in the ceremony.
Her office stated, former President Barack Obama is confirmed to attend the 1968 inaugural
ceremony.
Former First Lady Michelle Obama will not be attending the inauguration without providing
further explanation.
Michelle Obama has previously expressed animosity towards Trump, accusing him of endangering
her family through his rhetoric, reflecting on attending Trump's 2017 inauguration, she said in a 2023 podcast, there were tears.
There was that emotion.
But then to sit on that stage and watch the opposite of what we represented on display,
there was no diversity.
There was no color on that stage.
There was no reflection of the broader sense of America on that stage.
Vinny, I'll come to you first. What do you think is going on here when
Michelle Obama not attending? Let's give serious commentary. What do you think?
Well first and foremost, your husband was the President of the United
States for eight years. And again, we're the most racist. This is the worst
country ever. I just, I think, personally, it's something deeper. Let's not forget.
Well first of all, she doesn't show up to the funeral. This has nothing to do
with Trump. This is the funeral of a past president. You have to go unless
God forbid there's something wrong with you. She was on vacation in Hawaii okay
on a vacation and this this to me it feels like and she's not coming to this
one this feels like an episode of House of Cards where Frank Underwood's wife wants to leave him for crazy, it kind of makes sense
in this sense.
She wants to leave him but they're all acting as if it's something else.
She was visiting her sick mother and all that stuff.
But let's not forget, Michelle has been open about her tough marriage with Barack and she
even said that there was a decade where she couldn't stand him. Okay, she couldn't
stand him, you know, and that's marriage, you know, long tough, you got, you guys get the,
get the, get the picture, but I think this is something, I think this might be
something deeper. You could play the whole,
I hate Trump and I don't want to be there, I feel this is my opinion
and I've heard rumors about this online too, that there might be something
deeper, they might not be happy with each other
She said she couldn't stand them for ten years
Maybe she can't stand him right now, and maybe this might be the end which I think that's where I'm at
I think this could be deeper time. What do you think well no jokes?
I'm being dead serious. No. No I'm saying for me. I'm I'm not gonna make any comments here
It's it'd be very easy to do so, but I'm gonna look at it this way.
The world is watching.
And I actually get emotional when I think about this.
The world is watching our transfer of power.
The world is watching, and there's a time to be orderly
and to demonstrate our leadership
and our strength as a country.
And I'll be honest with you,
this is disappointing to see that the outgoing first lady
over the last couple months, not outgoing,
she was the prior first lady.
To see her not attend, it's like, unless, you know,
Kate, William's wife in the UK she said she had cancer treatments
but they wanted to keep it down yeah so she didn't attend things unless Michelle
is sick and they're just leaving it quiet then I think that you know she
should be attending and I have to say this Trump did not attend Biden's inauguration. Thank you. And so I have to look at it and say hey come on
No matter how bad the campaign no matter how bad the attacks
we need to stand on that stage together and show the unified force of the United States of
Freaking America and I think you should be there for that moment
you can even in the the pit of
Angst and disgust that is the political election cycle
You can take two hours even in the cold and stand there in front of the rest of the world and say we may fight with
Ourselves, but you don't want to fight with us very good point Adam look
I thought it was such a great moment when Trump and Obama were sitting next to each other
Joking around having a conversation at Jimmy Carter's funeral. I thought that was
Compelling I thought it was needed. I thought it was unifying. I thought it was synergistic for America
I think we need stuff like that. I agree with Tom. I don't like the fact that
President Donald Trump who lost the election
in 2020, didn't show up to Joe Biden's inauguration. I didn't like that. I think that Trump is
hopefully turning a new page. He's sort of playing with house money. I think he's hopefully
going to extend an olive branch and be kinder and nicer and be more inviting to people.
Michelle Obama not doing this just shows that she's vindictive and she's emotional and she's playing the race card
You know for me if Barack Obama didn't show up. Yo, we got a problem. We have a story if
This dude, I mean if Michelle Obama doesn't show up
Okay, we show that you're petty it shows that you're not willing to
Put America first and you're putting your personal interest first. Okay, Michelle, thank you. By the way,
has any couple in America had a worse year than the Obama's?
I don't think so.
Have they?
No.
Because between the scolding, between the looking down, between the talking down to people, you know, between the, if you're black and you don't vote for Kamala, it worked zero.
So Trump's coming in, round two, Barack Obama, Michelle Obama on the low. Remember, Melania didn't attend the invitation that the Bidens gave to go there and Melania
didn't go.
Trump went.
I don't know if you remember that.
This was like six weeks ago, five weeks ago.
Remember there was a picture of Joe Biden and Trump and they were talking to each other
and Jill was there but Melania didn't go.
This was what event?
This was five weeks ago guys, just type in Joe Biden, type in Biden invites Trump, Melania
skips.
To the White House?
Yes.
This was five weeks ago guys, when the meeting took place and Melania chose not to go.
I'm okay with that.
Melania chose not to go, Melania expected to skip Wednesday's White House.
This is after
he won the election I understand I'm trying to make my point and you're
giving commentary sorry I get it so Melania Trump expected to skip so she
skipped which by the way it's fine okay so now Michelle wants to skip this
totally get it Melania just had a book come out
Jennifer's reading her book and she's loving the book. Here's Melania talking about her experience with Michelle
Obama when they came in. I've never seen her talk about this stuff, okay? She is
now openly talking about some of the stories, okay? Go for it, Rob. Play this
clip. What is it like when you're moving back in the White House? Are you, what's
different this time? The difference is I know where I will be going. I know the rooms where we will be living.
I know the process. The first time was challenging. We didn't have much of the information.
The information was upheld for us from previous administration. But this time I have everything.
I have the plans.
I could move in.
I already packed.
I already selected the furniture that needs to go in.
So it's very different transition this time,
second time around.
Well, you decorated exactly like it was before
or are you making changes?
A little bit of changes, not much.
How have the Bidens been?
Have they been accommodating, and are they still living there?
They're still living there, and they will be out on January 20.
So what happened is on January 20, the transition team has only five hours to move Bidens out
and to move us in.
So everything needs to be planned to the minute.
I will be in the White House,
and when I need to be in New York, I will be in New York.
When I need to be in Palm Beach, I will be in Palm Beach.
But my first priority is to be a mom,
to be a first lady, to be a wife.
And once we are in on January 20, it's a user of the country.
What a night and day difference. You hear what she said, Pat? She did. She used a different word.
She said upheld. They were withheld. That means when she came in with Barack and Michelle,
they withheld information and they basically said to hell with you. You're on your own to come in.
That's what she's saying. That's what she's saying. She's saying the fact that they were not helpful
And and again listen drama like what you said a little bit of what Michelle is doing and hey
I'm not gonna be there. I think it's gonna be totally fine that they're not gonna be there the reality of it is what Trump won
Yeah, they're in there Michelle gets
Melania gets to go back in and do whatever she wants to do with the way the White House
is going to look.
Day one, history books are going to favor Trumps.
That's what's going to happen.
And that above anything else, I can't see why it's tough for Michelle to be there fully.
I can't see what's going to be tough for her to be there.
Vinny, what are your thoughts on this? I just have one question. I want your honest opinion.
In regard to Trump not going to the inauguration
when Biden won, and I'm being dead serious.
If you believe, Pat, and you knew, and you had proof
in your heart of hearts that they cheated,
the Biden administration cheated, the deep state cheated,
all the voting, all the regulators.
It's a fact.
There's no joking.
FBI was at Twitter.
You know all that and it's a fact guys.
It's not BS.
Would you just because it's procedure, would you Tom, you showing up saying I'm cool with
it.
That's number one.
I want that question.
If you guys can answer that.
I wouldn't have gone.
That's me personally. If they they cheated I knew they cheated and number two at the funeral item
You're saying he was sitting next to Barack and it was fun and his cordial is bringing back America when he walked in front
Of them Barack Obama tried destroying him Hillary Clinton tried destroying him the majority of people in that room tried to literally kill him
Okay, put him in jail for the rest of his life, make him broke, and a lot of people would say
that Butler's shooting and all that,
that's all deep state shit.
How can you, in your right mind,
say that that's a good thing for us?
And I wanna know, what do you guys think about
if you know that they cheated?
I'll give you a real world example
that comes out of multiple biographies.
Go ahead.
Richard Nixon said, we knew and we had evidence
that the Kennedy crime family
through the liquor associations stole West Virginia.
West Virginia was won by Richard Nixon.
We knew that they had topped up in Illinois
through Daly's crime machine in Chicago.
And we knew it was gonna be close,
but we figured Kennedy's probably gonna win it in Illinois. I did not think it. Richard Nixon has talked about all
this and the biographies of people that work with Richard Nixon talk about it.
Kennedy stole the election in 1960 with his with his father's finger on all
kinds of buttons and you know what Richard Nixon said? I did not think that
a full-blown attack was good for the country and he would be elected in 1968.
I think that even if you're, we're talking about
transfer of power, I think for two hours you demonstrate the leadership of the country that you wanted to lead
to rest of it. And by the way, I cannot imagine what it would have felt like
to have the passion to serve that I clearly see President Trump has,
to have, to go through how he had to defeat the media,
he had to defeat the RNC, of all the opponents he defeated.
He didn't just defeat Hillary Clinton on that November morning when he won.
He defeated so much more and the establishment.
And then four years later to feel like I can't believe the empire struck back.
I can't believe that that would, I just can't imagine what that would have felt like.
But for two hours on the nation's capital, you can transfer power.
As painful and as difficult as it as could be that's my opinion and Richard Nixon said
For the good of the country. I'm not gonna push this so we have a real-world example. I'm interested in seeing
This one thing what is Melania's objective gonna be in this second administration because you know
What is the role of the first lady right? They have a cause, right?
They have a cause.
So just let's go down the causes that I even recall in my lifetime.
Our president, I was born and Reagan was the president.
Nancy Reagan, her cause was just say no, the war on drugs.
How'd that work out?
Not so good.
Drugs won.
Michelle Obama, her whole thing was let's move.
Let's fight childhood obesity and let's eat healthier.
You guys are having fatter, fatter, more obese kids than ever America. We talked, we said that they just
outlawed a red dye. Number two, the food in America, uh, Joe Biden's cause was, uh, education
and we can all basically argue that it's been in doctor, but Joe Biden, right? Sorry. Put a doctor on her name, Melania in a ironic twist.
Do you remember what her objective was and what her cause was be best?
So cyber bullying, if there's anybody that knows a thing or two about cyber
bullying, uh, Donald Trump.
So, uh, it's going to be very, um, interesting to see what her, another,
what her next, uh next objective will be.
She's no longer raising baron.
He was a kid when she was there.
The guy's 18 years old, crushing at NYU.
She no longer has to support Trump in that matter.
So I'd like to see what she does.
I want to know what, Pat, because I know you want to move on, but what do you think?
And I get it when he's talking about the institution, but if they're trying to kill you and they're
trying to destroy you and they cheated would you you personally
panel who you are I know exactly who you are you're gonna show up and just
because you're supposed to show up knowing that they cheated that's that's
giving in to the to their actions that's me Jen my dad and we're there and
and I know what happened with what the company I was a part of did to me and it
was unbelievable what happened and everything was documented everything
that happened and they eventually had to apologize for it when I flew out to Atlanta.
And I sat down with 20 people.
But after they apologized, I wanted to be the CEO
of that company, and I wanted to eventually run that company.
Okay, and I felt I would have done a good job to do it.
It was important to me to do so.
And we're in Hawaii, it's me and another guy named Jeff.
Jeff will remember this vividly.
They asked me to go to Hawaii.
I went. I did not want to go to Hawaii. But I went and the guy comes and he asked me to
speak and I said, Scott, respectfully, you don't want me to speak. He says, what do you
mean? I said, I'm telling you, I'm telling you as a favor to you, you're the president
of the company. You do not want me to speak. I'm not going to speak. I'm here, but I'm telling you as a favor to you. You're the president of company. You do not want me to speak. I'm not gonna speak. I'm here
But I'm not gonna speak so don't ask me to speak because it's not gonna be something you're gonna like
Now what are you talking about? You guys said I'm telling you I'm not speaking
so me and Jeff when told them in a bone and
The people that were there and know the story. It's probably 25 people that know the story. They know exactly what happened.
Um, I showed up and we did our thing and then six months later we started PHP.
And then, uh, when, uh, they sued us and they had, uh,
they, they got people to be pinned against me.
They pinned them against me by stuff that they said.
So there was a, uh, uh, the lawyers in a room and they're sitting there with
everybody else and everybody is throwing me under the bus, right? The people that
didn't come with us. One of our guys, his name was Muhammad, love this guy. He was
like Pat, I'm all you. A Muslim guy who, I can't give you his last name, I'm not
gonna give his last name, so I don't want expose him. But he comes and he said, I hate Patrick.
He's this, he's that.
He goes in there, he records the entire thing.
And he says, Patrick, I was in the room for three hours.
All these people that you helped, this guy said this,
this guy said that, this guy said this,
I have the entire recording here for you to listen to.
I said, Mohammed, let me recording here for you to listen to I said Mohammed
Let me start off by saying to you. I appreciate the loyalty. I broke the disc. I trashed it. I said I'm moving
I'm not even looking back guys when I move on it's over. No, no, I move on when I move on I move on and
Never listen to it never
Of the people that were in that room with the lawyers more than half of them came back to our company
Okay, think about it the people that helped them sue more than half of them came back to the company and we moved on
Having said that that's like
100 of a percent of what this guy went through on the national stage. This is not socialist not any of that stuff
Having said that remember one one area I'm very consistent
when I express myself about the president,
and I said this on Pierce the other day,
he's in the best flow state I've ever seen him.
His level of consciousness right now,
it's the highest it's ever been,
in my opinion, from what I've seen.
I don't know the man.
We've only spent probably a few hours together, not a lot.
So, and that's here, Mar-a-Lago,
a couple of other interactions that we've had.
And in 2020, you know, business plan.
In my business plan,
page two for my own self,
I said, you are battle tested,
but just like the video games,
there are levels to this game
The next one will be a big one if you make it through the next level you will exponentially grow few things
You will have to embrace which fights to fight which fights to ignore
Prevent being provoked if you're going to fight fight up not down negative bitter entitled victims with time on their hands will try to
Get under your skin. This is their way of getting confirmation and validation
Don't fall for this trap mark Twain one said you can't argue with stupid people with time on their hands will try to get under your skin. This is their way of getting confirmation and validation.
Don't fall for this trap.
Mark Twain once said,
you can't argue with stupid people.
They will drag you down to their level
and beat you with experience.
I have learned over the years
that people like to verbally hit below the belt.
That's Mark Twain.
Be self-aware of this, be like the water well.
And I've said this before.
Focus on signal instead of noise, right?
I think 2020, the noise got a hold of Trump, period.
And this time Iran, he is the noise. And he's signal. He was focused on getting the job done.
A lot of people, like I talked to some guy the other day, he says,
Oh my God, how does it feel? You were one of the top 10 people that helped him get elected with all this stuff.
And I said, I said, what we did is nothing compared to what he had.
99.9% of him winning is him.
Of course, God and all the stuff that happened
with the shooting, but for a man to be able to go
through hell like he did the last 18 months,
I don't know if in the history of America
anybody's ever had to go through that before.
And that is why my level of respect for him
being able to handle the pain the noise all of that is so high
and he prevailed and he prevailed and you can see that on Melania's face you
can see that on his face you can see that both Melania and Trump went to the
funeral of Jimmy Carter she was willing to hug Mike Pence's wife and she never
once got up yeah to the point that even
the other guy got up, the liberal guy that,
climate change guy Al Gore got up, Mike Pence got up,
and he even talked to, but notice where she sat.
She sat to the left away from everybody.
Typically a man sits in the aisle.
If you ever sit in a, I never sit in the middle
and a gent sits in the aisle. I sit in the aisle.
And part of it maybe because she didn't wanna sit
next to Brock is just a male female understanding
the sexual thing.
But no, listen, they prevailed.
History books are gonna favor these guys.
And some of the best books and movies and documentaries
we ever watch is gonna be about this guy.
Stay tuned, future looks bright.
Okay, let's finish up with a couple of the stories here
and let's wrap up.
Okay, so we got the stories with, do we want to go Hamas, do we want to go Eagles fan,
do we want to go Alpha male, do we want to go Brad Pitt, do we want to go Ceasefire real
quick?
What time is it Rob?
19?
Adam, can we do two stories?
Okay, so let me go through the Hamas real quick.
So Gaza Ceasefire deal, reach, and then we we're gonna do Brad Pitt and Rapa Vinny. So
Gaza ceasefire deal reached between Israel Hamas truce during Sunday. Rob, it
looks like you got a video, is that the one of Biden? If you do, prepare it. I'm
gonna read this real quick. A phased ceasefire deal between Israel and Hamas
will begin on Sunday according to US and Qatar officials ending 15 months of war that killed over 46,000 Palestinians and displaced most of Gaza's
2.3 million residents, the six-week truce includes Israel's gradual military withdrawal,
the release of 33 Israeli hostages, and an exchange for Palestinian prisoners.
US President Joe Biden stated, this deal will halt the fighting in Gaza surge, much-needed
humanitarian assistance in Palestinian civilians,
and reunite the hostages with their families for more than 15 months.
Qatari Prime Minister Sheikh Mohammed bin Abdul Rahman al-Tani announced the agreement in Doha,
negotiated by Egypt, Qatar, and US support with pacts.
The pact follows an Israeli offensive launched after Hamas's October 7th attack, Adam.
Okay, so don't look now as people are starting to get optimistic and be excited about this peace deal
breaking news
ceasefire deal in limbo as
Hamas threatens to basically renege on the deal
So anyone that's ever heard me say you can't negotiate with terrorists,
this is what the state of Israel is doing. My message to the Palestinians and the Palestinian
people out there while they're trying to do this deal, and I'll just break down the deal real quick,
you got to give the people of Palestine something to live. Because right now all they have is something to die for.
You know, when I had the argument with discussion with Bassam Youssef, I said, you have to shift
the focus from GDT to GDP.
There's countries in the Middle East that are thriving.
Look at what's going on in the UAE.
Look at what's going on in Saudi with MBS.
Look what's going on in Qatar.
Look what's going on in Kuwait. There's no terrorism
There's economic prosperity. There's peace. There's nothing like that in certain parts of the world
Palestinians they in Lebanon right now. God bless what's going on there, Syria
It's a mess you have to give these people a greater cause than just killing other people and being a destroyer
There's builders and there's destroyers and there's creators and there's people who just want to tear it
all down. Right now their sole objective is just tearing down Israel. They're not
talking about building up Gaza. They don't build up, they build down. That's
why they've taken billions of dollars. They didn't build infrastructure, they
didn't build parks, they didn't build hospitals, they didn't build nursery
school, they don't build any of that. They built tunnels.
So if you want to break down the deal, if it even gets to phase three, there's three
phases of the deal.
Phase one, they're going to have a six weeks of ceasefire, which in my perspective, I don't
even think that's going to last.
Good luck telling terrorists not to shoot missiles into civilian zones.
Good luck. We see what shoot missiles into civilian zones. Good luck.
We see what's going on with that. And then they're going to exchange hostages for prisoners. So it's just hostages, innocent people, for people in prison. So if they get to phase two, which is a
permanent end to the war, if they get to phase three, which is the remains of hostages, you know where they're going to get? Do you think about this for a second? If they do these three things, six weeks ceasefire,
ending of the war remains, do you know where they're going to end up? Exactly where they were
October 6th of 2023. What the hell was the purpose of this war? Your city's been ruined. You've lost tens of thousands of people
You you're gonna get back to where you were October 6. Nothing's happened. You've done nothing
You've accomplished nothing and they talk about all right. We're gonna have this a prison exchange
What's the value of life between an Israeli and the Palestinians?
This isn't my opinion.
Look at the template.
In 2011, there was a hostage exchange for one Israeli soldier, one Gilad Shalit.
Do you know how many prisoners they swapped for this one?
Take a guess.
One. For one Israeli prisoner, how many? One Israeli hostage, how
many Palestinian prisoners did they swap? 50. 50. Okay. What do you think, Tom? Do
you know the answer? No. Just say the answer. No, but I remembered it being like 30, 50.
I don't remember the exact number.
All I know is you said you're going to be quick and I'm sitting here waiting.
Just take a guess.
One thousand.
You're absolutely right.
For a thousand Palestinian prisoners, you get one Israeli life.
So they're dictating what the demands are.
Do I think this ceasefire is going to work?
You don't think it's going to work. You don't think it's gonna work?
I don't think it's gonna work.
Not even under Trump.
Under Trump, we're gonna see what happens.
I'm saying this deal right now.
I don't think this is gonna happen.
So by the way, this is the Qatari Prime Minister.
Look who he's giving credit to.
Go for it.
We just talked about him right now.
Go for it.
And captives in order to establish a ceasefire,
a permanent ceasefire,
in addition to the delivery of intense relief aid
into our brothers in Gaza Strip.
Here at the outset, I would like to extend appreciation
to our partners in Egypt, United States,
namely the US elects, in Voj, Mr. Steve Walshkof,
and the Middle East and North East coordinator
and Mr. Brett McGurk for their extensive effort
that have ended in a...
Did he say Trump?
Rob, did he say Trump?
I didn't see Trump in there.
He said President-elect, do you see that?
He said President-elect, so he's talking about President Trump.
And by the way, now play the clip of Biden taking credit for this, if you could.
So, watch this one here, folks.
We'll hold.
I'm confident.
Thank you.
Who's credit for this, Mr.
President, you or Trump?
Is that a joke?
Is that a joke?
Oh, yeah.
Thank you.
Sure.
Yes.
As if Trump had nothing to do with this.
Yeah.
So this is the part that's just kind of funny when you're going through this and taking credit by the way
You know what this reminds me of one president Jimmy Carter. Yeah, but in that moment it was different
It happened right before president Reagan became president and president Reagan
Kind of gave a little bit of credit to Carter in this case
He's taking credit saying it's because of us that they did this and it doesn't seem like it's even happening anyways but let's go to the last story here
Vinny I I'm really wondering if the story you're about to say is true or not
but if it is true it's this may be the funniest story of the year about Brad Pitt
go for it. So a 53 year old French woman just her name is just Anne was deceived
by a scammer impersonating Brad Pitt, leading to her divorce
from her husband and she lost approximately $850,000.
The scam began in February 2023 when someone posing as Brad Pitt's mother contacted Anne
via social media and she said that her son really needed someone like Anne.
This was followed by a message from the scammer pretending to be Brad Pitt.
The impersonator used AI generated images and videos
to convince Anne of his identity,
even lying a story about needing funds
for kidney cancer treatment.
Okay, so.
Look how happy he is.
Look, I mean, hey, can we just share?
Wow, show this one about, where's the one
where he has a sign that says, look, look.
Ha ha ha ha ha.
Anne, I love you. So believing she is in a romantic relationship with the actor, she divorces her husband, transfers all this money to the
scammer and this, this continued to 2024 mid 2024 when she gets how she realized she was
duped. Oh, when he didn't show up. No, no. Ready for this. She saw reports
of Brad Pitt's real life relationship with an S the Ramon. So this girl's like on TMZ.
She's like, who's the hell is that? Do we have a picture of this woman? No, no, no.
Trust me. You don't want to see her. They don't have her, but look at it. Look at this
one. I love you so much. My wife, your joke'm not joking guys this dumb broad gets everything she deserves
but you're ready for this i i agree the emotional and financial toll led i mean this isn't funny she
was hospitalized for severe uh severe depression and she filed a complaint an investigation but
dude like you realize okay and she divorced husband. Could you imagine where the husband is right now? He's like are you kidding me?
I mean, but look at that like the photos and I wish we had the videos of
Show me what this woman looks like. There's the montage guys go to montage Rob look at all like guys
Look at the surgery look at the surgery one go to the bottom right
You know the bottom right? Look.
Look at the surgery.
Look at the surgery.
Just a.
Like who's taking a photo in there?
And the odds are there's some Indian guy out there
that scammed, that bragged to his friends like Raj,
for that bit.
For that bit.
Almost a million dollars.
That is, this is, I had to do.
One million rupees.
I had to fact check it's 100% real and then they had to take a story offline because people are going after her and trying to find out who she is
You know it this this scammer better hope that her brother or a cousin is not like a veteran
With PTSD and a short fuse, but this is Frank
I mean they're in France bro, but what what a, but then she, her husband,
the one she left her, he's 20 years her senior or she's, she's 20 years younger than him
and she's gone. How, how do you get dupe? Is that her?
He's the guy that's her up. According to the telegraph, that is the woman
believed to be Ann. Get out of here.
That's again, according to the telegraph.
Look at him post-surgery.
Look at me.
You know what?
Guys, I mean, you cannot, this is, you can't make this up.
Like the scammer must have been like, are you, she sent her?
A part of me is so shocked right now.
Unbelievable.
I mean, it's been 20 years, 20 years guys, since that poor Nigerian general who needed our help. So he could get
out, which was like the scam of 20 2002.
Remember that a hundred bucks. You remember that guy? If you could just help me with 500
bucks, I will split my kingdom with you. It was a Nigerian general that was in prison. Trust me. Just
tell them you're Leonardo DiCaprio. Of course it'll work. It'll work. I watched a movie recently
called bookkeeper. I don't know if you've seen it or not. Bookkeeper with the bald guy, Jason
state and Jason state him. And it's a story about somebody that gets this exactly happens to them internet scammer like a hey
virus money whatever Bitcoin stuff like that and they do and
More than two million dollars and older lady gives and a movie starts from there
Oh, and this guy goes back to find that exactly who did it and there's an office that's sitting there doing this to people from
I don't know where it was based out of,
but it's a worth watch.
Everybody should watch this movie
to just get an idea what's happening with this.
I gotta wrap up.
What's the famous quote from P.T. Barnum?
What is it?
There's a sucker born every minute.
Here we go.
There you go.
All right.
Well guys, if you get a DM from somebody saying
that Brad Pitt, it's fake.
Please, tell your wives, okay?
Tell your wives, tell your wives to say,
babe, if somebody tries to tell you to leave me
for $5 million and it's Brad Pitt,
Brad Pitt is doing totally fine.
Do not fall for that, okay?
Do not fall for that.
Anyways, look, for the Nus-Nus-ter-Thomas, Nus-ter-Damas,
can you say it three times?
Say Nus-ter-Damas, Nus-ter-Damas Say Nostradamus, Nostradamus, Nostradamus.
Go to vtnews.ai, make your predictions.
Thousands have already done it, go do yours,
go to vtnews.ai, and after you vote,
you can't change your vote, by the way.
Once you do it, you can't change it.
Leaders bulletin, you will see the first leaders bulletin
on January 20th, put a reminder on your phone every morning
9am. There's higher the points the sooner you vote and tomorrow the great Scottie Pippen's
podcast goes out and oh my god I think the NBA is going to react after some of the stuff
that he said. Thomas said I think the NBA is going to react. Some people are not going
to be happy about it but look it is what it is. I can't wait for this thing to go out
to see it. God bless everybody. Take care. Bye. Bye. Bye