PBD Podcast - No Vaccine, No Love |PBD Podcast | EP 61

Episode Date: May 18, 2021

Patrick Bet-David, Adam Sosnick, and Tom Zenner sit down to talk about Bitcoin mining, why sexual activity took a pandemic hit, Las Vegas casinos to open to 100% capacity and more.  Watch the epi...sode here: https://youtu.be/1tNNaKHEbSc --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

Transcript
Discussion (0)
Starting point is 00:00:00 We're officially live episode number 61 back with Tom and Adam. And we got a lot to talk about. The one thing we are going to talk about today is UFOs. We have to talk about UFOs. We have to talk about UFOs. What's going on? A lot of crazy things going on. And there was a 60 minute done on UFOs this last week.
Starting point is 00:00:14 Marco Rubio, he thinks is the biggest crisis. So we got to address that part. Number two, we got to address Bill Gates and Melinda Gates. The voice is getting a little bit interesting. I was a story every day. Yeah. And there's something new. If he wanted to be in the media and the news every day, he's pulled it off. He's definitely pulled it off.
Starting point is 00:00:30 But there's a conversation about how much money they want to leave behind. And this is the first time we're during the divorce, you said Melinda Gates is bringing in a what? What? What? She's bringing in a state lawyer, an inheritance lawyer, along with her divorce attorney. And that's not coming. Not at all.
Starting point is 00:00:43 No, very rare. So we're going to cover that. There's a story talking about during COVID, we didn't have enough sex. So Adam And that's not coming. Not at all. No, very rare. So we're going to cover that. There's a story talking about during COVID, we didn't have enough sex. So Adam said, that's his top story. We're going to talk about that for sure. I think the world needs to know. I think we have to address it A. Rod and his friend
Starting point is 00:00:55 that by the timber world, timber wolves. And then we have another one that's talking about the basis of protest about this. So yeah, so you know, so there was protest yesterday on tax day at Bezos' Residences in New York City The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. The Basils. Millionaires protesting in front of a billionaire saying he's not paying enough taxes. Exactly. That makes a lot of sense. That makes a lot of sense. Absolutely. So this past weekend, there was a UFC fight. I don't know if you can, there was UFC was a 261, 261 I believe it was, right? 261, 262. I think 262.
Starting point is 00:01:35 262. Yeah. And I'm sitting at the house and friends are calling me, telling me, you know, this a Syrian guy is fighting. And I said, which a Syrian guy? So the main is in the Ben, Ben Benio Dariyush. Dariyush is in the Assyrian community, they respect Dariyush a lot, but Dariyush is a Persian name.
Starting point is 00:01:50 So hey, this guy's, you know, he's been talking a lot about, you know, you got to take a look at him. So I have never seen him fight. I've only seen a highlight. So then I see him fight. And he goes up against, can you pull up what he said at the end of the fight? I think he goes up against,
Starting point is 00:02:04 who's the guy he's going up against? It's a big fighter, 37 year old who's not at the best. He was on a two-up fight. Yeah, it was the Komein event. So it was a huge fight. What's his name? Darryush went up against, can somebody help me out here for the watching?
Starting point is 00:02:19 Somebody has to know who it is. Who was he going up against? He was going up against Bernie Sanders, not Bernie Sanders, but Tony Ferguson. And Tony's a legendary fighter. The guy's a busy, if you've seen this guy fight before, the guy's a knockout artist, just a rock star. They fight, a Syrian Darush wins, okay?
Starting point is 00:02:37 The Neil wins. At the end of the fight, Rogan's interviewing the guy. In the middle of the interview, what do you typically say? You know, I wanna call out such and such I want to go after this guy I want to go after that guy. He says this at the end of his fight after he wins I want to dedicate this fight to all the people who've been heard by Marxist ideologies There are millions of you and I know it and it's just a fight I know so much, but I want you to know that I love you and I understand the pain.
Starting point is 00:03:06 I don't completely understand, but I love you. I understand your pain. What? Can you imagine you use your platform to talk about that? Yeah. Coming from an Assyrian who just want to fight, that's, I think it's a six, seven match win streak or six match win streak. Yeah, it's amazing.
Starting point is 00:03:20 He has faculties together at the end of that fight to do that. They, they, they know everybody's watching them. It's a forum for them to say what they want. You know, Joe Rogan's going, book him for my next podcast. Sounds really interesting. You know what else he said? What's that? He called out Elon Musk.
Starting point is 00:03:33 So he literally did this kind of thing. He can pull that out too. So after he did the message about Marxism destroying the world and feeling the pain of everybody that's under the influence of that, he, he called out Elon Musk because the delivery of his wife's car is late. Late. And he's got a daughter on the way. And he wants her protected.
Starting point is 00:03:50 And Elon actually responded to that. So you can see these guys probably in the middle of the match, they're thinking, all right, I got to get this win. So I could have this huge political message. Yeah. Thank the right people. Most of them are setting up their next fight. I guarantee you on the next one, you're going to hear the words Jake Paul start creeping
Starting point is 00:04:06 into the UFC. Well, you heard it again this time. That name is being dropped everywhere. Right. Even Kormier's like, Kormier said, you hear what they're saying. I don't even want to repeat what name they're saying, but they're saying the name that I know they're saying. They're not going to say that in a name.
Starting point is 00:04:17 But I think it's going to start turning to a little bit more positive. I think they will eventually embrace Jake Paul and everything that he can bring to them. And I think some of those lower level UFC fighters will be sanctioned to fight him by Dana White. Interesting. So I have a different perspective on this. Number one, I'm just going to start out and saying, if I had a Dana White just to stop real quick, Dana White just stopped the possibility of GSP fighting against De La Jolla. And De La Jolla upped the purse and I'll give you another quarter million dollars.
Starting point is 00:04:45 If you won't notify me, Dana's like, no, that's not going to be happening because I think he's saving him for big fight against Kabeep. I think something very big is coming up with UFC a fight. Very big versus boxers. De La Jolla. No, no, no, no, no, I'm talking purely UFC. I think Dana's up to something and he's about to launch a very big fight. He can't let the boxers just take everything from him because, well, A, he runs the whole, you know,
Starting point is 00:05:05 if it wasn't for him, I mean, my God, boxing would be dead. There'd be no UFC, but I think he could flip over the box for who? Dana White. Dana White. And if he's more for him boxing would be dead. No, if it wasn't for Dana White, we'd have no combat sports. They know why it's helped that boxing and UFC.
Starting point is 00:05:21 How's he helped out boxing? Are you kidding me? What happened with the counter fight against Mayweather? What happens to a lot of these boxing fights? Did he arrange that? That was his deal. He didn't arrange that. But if he didn't create a platform where he promotes the way he did to give birth to a counter McGregor who goes from being on welfare to not being worth a few hundred million dollars to being one of the biggest box office fights. Hey, that credit goes to the promoter. Big part of the credit goes to the promoter and that's the white clearly I'm he's dominated with the UFC I just didn't understand the how it carries over the boxing you're saying a rising tide lift all
Starting point is 00:05:53 ships I think he's lifting shows box if you ask me yeah I think he's helped because it's a rising you know the whole rising tide lift all should I tell you they're dominating right now there's a no but have, I have not ordered a fight in a long time, a fight like meaning boxing. If I do, it had to be a big one. I don't order the boxing fight. UFC's psycho regular thing. I think it's the, as ridiculous as it sounds,
Starting point is 00:06:18 I think it's the Paul Brothers that are actually making boxing relevant again. Since Floyd retired. What does that tell you though? What does that tell you? actually making boxing relevant again. Since Floyd retired. What does that tell you though? What does that tell you? There needs to be some action on the boxing ring. There needs to be a Don King coming in the mix
Starting point is 00:06:32 like a Dana White to make boxing exciting. And Dana White is the face of UFC, yeah? Who's the face of boxing this day? You would love finding a Dana White. Oscar De La Jolla tried to do it. Oscar's not Dana White. To be a promoter, it's not everybody's job. I once interviewed Wayne Demilia, one of the greatest bodybuilding promoters of all time.
Starting point is 00:06:49 This guy would show up in a camel. He would bring a bodybuilder on a camel in a show just because he wanted to. He was a massive promoter. You can, every industry, every sport that ever did great, you will find a great promoter behind closed doors. WWE. Every single man, every you will find a great promoter behind closed doors. WWE. Every single McMahon, every single game had a great promoter. Dana happens to be one of the best, if not the best of all.
Starting point is 00:07:12 So why can't they figure it out in boxing? Like, is it? It's a corrupt sport and I don't know how to promote it. They don't know how to promote it. Here's the other thing. I mean, Dana White is so powerful, so influential right now. He's the main reason I think that Endeavor, William Morris, was able to get their IPO because they brought in the private investors to totally bring the UFC into the fold and that allowed
Starting point is 00:07:34 them to go public after failing in 2019. And it's the most valuable commodity with Endeavor and William Morris. The stock started at 24. It's moving its way up. That thing's only getting bigger. But you know what? Jake Paul has started a dialogue that the UFC fighters are underpaid.
Starting point is 00:07:51 And it's gonna be a huge thorn in Dana White's side. Follow this. He went off on it the other night. He's like the champion for UFC fighters saying, you're the ones putting your life on the line, risking your health and your injuries, and you're not getting paid. You know that's pissing off Dana White, big time.
Starting point is 00:08:04 That's not the new dude. That's been said for a. You know that's pissing off Dana White big time. That's nothing new though. That's been said for a long time. That's been that's been said about Dana for 15 years. But he's got a big bullhorn and people are actually hearing it because Jake Paul's got a following. Yeah. I by the
Starting point is 00:08:15 way, I agree with you. I think there's things going on over there were where he's not paying the guys as much as they are to to him. His opinion is more from the place of at least these guys were making nothing now they're making this. They were coming off the streets and they're not professional boxers. They guys were making nothing now they're making this they would they would come off the streets and they're not
Starting point is 00:08:26 professional boxers their street fighters now they're making this but I do think that can hurt him long term I just I just think it's a story that he's been able to deflect for a very long time. Yes, it's like you you're believing the power of competition of UFC who's could you have seen competitor? Bellator. Is it Bellator? Bellator?
Starting point is 00:08:42 I've never heard of that. That's my point. I've never ordered bellator. Is it Bellator? I'm not even heard of that. It's not even heard of that. That's my point. I've never ordered Bellator. So if someone, if a Conomer Greger or a Cabee or you pick a name, Corn Mia, whoever, is like, I'm done with this shit, you're not paying me now. Go ahead.
Starting point is 00:08:54 I'm going up Bellator. All right, good luck at Bellator, buddy. I never even heard of it. See what kind of a show we put on. So that's a problem with competition, is that yeah, they might be paying their fighters less than market value, but the market creates the value.
Starting point is 00:09:05 There's no place to go. I'm with Dana White. It's the sport. That is the number one. It's the spectacle. It's the show. Jake Paul said one of the ring girls was actually paid more than one of the fighters
Starting point is 00:09:15 on the last card. See, that's the kind of thing she must have been hot though. The thing with Jake Paul, the thing with Jake Paul, is he's a professional troll. You have a panel. He's a professional troll. You have a, he's a professional troll. He's even a better troll than his brother is. Logan's not a troll. Jake is a troll. Jake, I would say Jake is heroes, probably, probably Takashi six nine.
Starting point is 00:09:36 Maybe Trump. If I were to tell you who Jake models his game after, it has to be Takashi six nine. Not even Trump. It has to be Takashi. He faced time with Trump. No, he did. I know, but what I'm trying to tell you with Takashi's ex-night. Not even Trump. It has to be Takashi's. He faced time with Trump. No, he did, I know. But what I'm trying to tell you with Takashi's ex-tops, Trump was a billionaire trolling people.
Starting point is 00:09:50 He was at the top trolling people. Takashi came from nowhere to be in, everybody says, I can't believe this guy's alive. This guy's alive. How is Takashi still alive? Going out there saying what he's saying, right? The other day, he posted something on Instagram saying, here's a go for me, you can for this guy.
Starting point is 00:10:03 Go help him. Buy little, you know, a lemon because he needs Instagram saying, here's a go for me, you can't for this guy, go help him buy little, you know, a lemon because he needs a card. He's a professional. And he literally looks like a troll. And Jake is duplicating what. Does that have, what are the long-term consequences of being a frickin' troll?
Starting point is 00:10:18 Like short-term, yeah, people in the news, you get rich. You're in the news. Okay, let me ask you long-term, you're gonna be the most, go back. Who are the biggest trolls and how did it turn out for them? You get rich. You're in the news. Okay, let me ask you this. It's a long term. Go back. Go back. Who are the biggest trolls and how did it turn out for them? How did it turn out for them?
Starting point is 00:10:31 Well, if it's Takashi 6.9, you do a little time in jail. No, no, no. What I'm saying is go back. Go back to the 70s. These 80s. So for example, Morton Downey Jr. was one of the biggest trolls. Okay, Morton Downey Jr. Oh, I do.
Starting point is 00:10:42 Pull up on the 80s. Pull up his, okay, in the 80s and early 90s, I don't know what the exact year was. More than down in junior for 18 months, took over Jerry, took over Montele Williams, took over Oprah Winfrey, took over everybody. He was it. He would smoke cigarettes, get him people's faces,
Starting point is 00:11:00 curse him out on national television, and he brought Ron Paul, he brought everybody on. Morton Downey Jr. Kai, can you pull that out of the... Some of that I've come from. I'm sorry. Charlie Sheen, when his tiger blood days of the early 2000s, when he... I think that's drugs though.
Starting point is 00:11:17 Well, okay, he was trolling people. Whether you're on drugs or not. I don't know. That's Morton Downey Jr. Is your point here ultimately, it doesn't last long? I don't know, that's what than down to June. What is your point? Is your point here ultimately it doesn't last long? I don't know, that's what I'm trying to find out with you. By the way, you know what happened to them. The challenge with trolls is the following.
Starting point is 00:11:32 Here's the challenge with trolls. Eventually, if you have nothing of substance to show for, the audience goes for the next troll. Trolls are seasonal. People leave you in a heartbeat. If you have nothing new to trolls. So for example, if there's nothing new for Jake Paul to troll, what's gonna happen?
Starting point is 00:11:49 Now, if he can last it for five, 10 years and produce a few hundred million followers, he is a very relevant person at 35. Now he's got a family, he's got maybe a living a different life, he may have a different opinion. The whole story with these trolls is if you win or not. Meaning, if Takashi 6.9 comes out and has a bang or album and he's the number one of the charts and actually makes good music.
Starting point is 00:12:12 All right, it's hard to argue against that. If Jake Paul actually goes 4.0, 5.0, 10.0, but once his ass gets knocked out, he's irrelevant again. Was two-pock control? True. Sure. I wouldn't say he was a true. What is wrong with this? I think he ruffled some feathers and he was just straight.
Starting point is 00:12:28 What is it? Okay, so let's define what a troll is. What is a troll? I don't know. What's your name? An instigator. You know, I guess. What is a troll?
Starting point is 00:12:36 I think there's two types of trolls. I think there's a troll that actually is, is kind of has some beef and that they're, they're putting out there and they, and like two-packed. That's two-packed. And then there's a troll for a thousand harmony. mean, I come to the best. We're not against rap. We are against rappers. He called out pushing against the I guess my point is you're pushing against the system. You have a point to make you actually do have some substance and some value versus just being a shit talker. I see annoying troll just for
Starting point is 00:13:01 the point of being annoying. That's what I think Jake Paul is. You think Jake Paul is annoying is what you're saying. I think the stat show is probably the most hated man in America right now. We can ask our audience what they think. But then what you're saying is Jake Paul is an annoying troll. That's what you're saying. But he's still a troll.
Starting point is 00:13:16 And once he gets his ass knocked out and loses, let me ask you a question. You tell me, you tell me a troll in the history of trolls that didn't annoy somebody. That wasn't annoying to somebody. So Jake Paul, Jake Paul, but Jake Paul happens to be your annoying troll.
Starting point is 00:13:31 Not mine. I don't. Obviously, he's America's my his office in his desk. When, tell him, can I tell him the truth about Adam's computer? Here it is. Okay, when Adam goes to the notebook,
Starting point is 00:13:43 when it goes, what do you call it? When the computer screen starts, screen saver screen saver is Jake Paul's picture he's got a high-done understand why you did it to your side no he wants to fight him you know Jake Paul is monetized his trolling that's that's what he's been able to do in a big time I give him respect on that and you see I disagree I don't think he has to win his fights because he's smart enough to always pick a fight with the baddest dude on the block. So he's not trolling whips. He's a baddest dude on the block.
Starting point is 00:14:09 Floyd Mayweather, Connor McGregor. But he hasn't fought these people. Yeah, but he's trolling them. He's instigating it. He's doing it right now. He's getting the attention. Plus, I will say this. The dude is influential. I'm not a huge fan, but I know the influence he has because I drove to his house probably eight times, because Dash was a fan of him four or five years ago when he was cranking out videos. And we had to go to fashion.
Starting point is 00:14:30 Dash needs better role models, bro. I mean, we need to own a few times. Dash needs better role models. I love that. I love that. No, he did, much more figuring out. I love that. But I tell you, history has had plenty of trolls.
Starting point is 00:14:41 It's not, this is not a new playbook. Pablo Escobar, I just went to a website that says, list of top 25 trolls. Pablo Escobar was on the list of trolls. He was a troll. Let me see what else we got here on this list that I'm looking at. Countries have been troll.
Starting point is 00:14:57 Andy Warhol was a troll. Artists are troll. King Garnoon is a troll. Edgar Allan Poe, MacAvelli was a troll. UK's been a troll, Ben Franklin troll. There's a pen and teller for many different reasons. It's taking, Elon Musk is the biggest troll right now in the world. That's true.
Starting point is 00:15:15 He's deciding what happens to the crypto. I mean, look what's been happening to those guys. One minute, he sells. Okay, no, that's the greatest thing. We're going to get, you know, Elon Musk, you Elon Musk, we're gonna buy one and a half million, billion dollars of Bitcoin. Then they make nearly half a billion dollars. It was a trillion dollars.
Starting point is 00:15:33 It was a billion dollars. Then they made a half a billion dollars. And then he says, we're selling. We're no longer accepting Bitcoin. Then he says to CNBCS today, he says to CNBCS that I never said we sold. We still have the Bitcoin. And then Bitcoin drops
Starting point is 00:15:45 from whatever 64000 to 4243000. Market's going crazy. Then it's complementing Doge. Saying I'm working with the technology. But he was on SNL the other day, basically, trashing Doge and making fun of it. Single-handedly, he's influencing a trillion dollar, dollar product these influencing think about the amount of influence Yes, I agree amount of influence this guy has what did you see Peter shifts whole take on this? Do you think Peter shifts got a pretty good take on on the financial system? I think Peter's shift doesn't give crypto enough credit as you ought to and I think he's taking a different position on it He does bill mar does a lot of different people do. Many of them. Well, Buffett and also our friend Bill Gates, not exactly a fan of him. What do all of them have in common? They're old as shit.
Starting point is 00:16:33 That's there you go. Not a shit because shit, shit is not that old. No, I didn't say shit. I said, old as shit. They're old as shit. Yeah. That's what you said. Yeah. So the point is, the point is sometimes you're sitting there And you're like oh my gosh, what is this kid know what he's talking about? Do you realize I'm 72 years old? You realize what I've done in my life and how many different investment we've done But every once in a while that kid could be the next you you forgot you were 22 And you went up against somebody and you ended up being a right just like this kid maybe right against you It just so happens that the tables have turned.
Starting point is 00:17:05 But the other thing too is these guys, the older people that have the altering opinion, they like being rich. They're not opposed to making more money and maybe embracing something new. So maybe they're on to something too. But you couldn't have two more diversion forces between the people that don't like it and the people that are behind it are loyal to it and staying with it. And the cryptos scene. Well, tell me if you agree with this.
Starting point is 00:17:23 I'll read the Peter Schoen quote that I referenced. He says, if a single Elon Musk tweet can have so much influence over the price of Bitcoin, how can anyone seriously consider it money? How can Bitcoin be a safe haven asset? If a one word tweet from Elon puts it at risk, it should be clear by now that buying Bitcoin is gambling not investing.
Starting point is 00:17:43 And I took the tweet and I put a poll out to the audience, 70% agree, 30% saying no, Jeff Strong. That's okay, fine. Just like you say, but it's the audience. You say that, right? You say. And this is an audience that typically agrees with Bitcoin though. But it's your audience, but here's a thing to be thinking about what he just said right
Starting point is 00:18:02 there. If a alarm mask can go out there and say something and Bitcoin and it changes the market the way it does, it's not the currency, it's the individual. Meaning if Trump went out there and said, go download rumble and 50 million people download it, oh my gosh, rumble must be not real. If a Bernie Sanders goes up there and says, Amazon has ripping people off, you ought to go protest. And 200,000 people show up to protest.
Starting point is 00:18:31 Oh my God, Amazon must be weak. No, it's called an influential person with a lot of influence at the level of Elon. I don't know what his number is right now. 48 million followers, 45 million followers. Elon can say anything, he's gonna get attention. It's very simple. A college professor with three PhDs and four masters
Starting point is 00:18:49 who's got 2,200 followers can go tweet something and nobody even knows what he's talking about, including his kids, are probably not following his tweet. So that's called having influence. So if Peter's upset about having influence, you gotta give the guy influence. It credit. Now what Elon is doing that concerns me is, I just don't know if the market, and I brought
Starting point is 00:19:12 this up many times. I just don't know if the market is going to allow a guy to have that kind of power and that kind of influence long term. I don't see that. You know, there's a double whammy with Elon, unlike most people, where he can do whatever he wants on social media and he's got this huge following and he just moves the markets unbelievable. And then the media is just as much of fanboys as his followers. Everything he does immediately is brought out in every single media platform.
Starting point is 00:19:35 Unlike a Donald Trump, where yes, he was covered in the media, but negatively. 100% negatively almost all the time. So here's the thing. He is a professional troll, Elon. So how much validity can we put into what he's saying? Because he might just be having fun because he's so rich, effing with people. And knowing that he can wake up in the morning, do one tweet and have a whole world react. This could be sport for him. Who knows, right?
Starting point is 00:19:58 That's why I don't put too much stock in what Elon Musk is saying about cryptocurrency yet. So when he's tweaked something, you're not buying that. No, I'm not. You're not buying Doge when he says Doge from the moon. Although Doge I might jump in on because Mark Ubens behind it and it's cheap. So I'm like,
Starting point is 00:20:13 Kai just put 10 grand in on Doge. Kai, did you or he's being sarcastic? No. He's a believer. He is. It is what it is. I just want to make sure he was awake over there. Just, you know, he's on the scene.
Starting point is 00:20:23 He's paying attention. He's paying attention to the Doge coins to see how it's doing right now, but So so going going back to this if you're watching this if you're watching this I'm curious Who do you think is the current modern day best troll in the world? Who do you think it is? I'm actually curious because I'm looking at some of the some people saying Jake Jake Jake Musk all these different names. Who do you think is the biggest troll we have in a marketplace today? Anyways, here's a story of Bitcoin since we're already talking about Elon Musk page four Jake, Jake, Jake, Musk, all these different names. Who do you think is the biggest trope we have in the marketplace today? Anyways, here's a story of Bitcoin.
Starting point is 00:20:46 Since we're all already talking about Elon Musk. Page four, Bitcoin exposed stocks slide alongside the cryptocurrency as Elon Musk. Once again, wrecks havoc, wreaks havoc with a tweet. This is a CNBC story. Companies exposed to Bitcoin slid on Monday in the wake of cryptocurrency, plunging to its lowest levels since February after Elon Musk suggested Tesla might have sold its holdings over the weekend. Bitcoin tumbled to $42,000 a Monday. Several hours after
Starting point is 00:21:09 Musk replied, indeed to a Twitter post saying Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of the Bitcoin holdings. Indeed, the price of cryptocurrency climbed somewhat when the billionaire clarified that Tesla still holds its stake. Elon Musk made, Elon Musk's May 13th reversal on a low-end Tesla to accept Bitcoin. As the payment shockwaves, Musk's Twitter announcement says Tesla has suspended vehicles purchasing using Bitcoin. Just came three months after the company invested billions in the crypto, except it's as a payment for its electric cars.
Starting point is 00:21:42 But, you know, again, for me, if he's sitting there doing this, this is manipulation. You can't do that. You can tell your opinion. You can say your opinion about what you think doges, what you think, bitcoins. But to say, bitcoins are slapped themselves next quarter when they find a Tesla dumped the rest of the Bitcoin holdings.
Starting point is 00:22:01 You say indeed, what does that mean? You know, I do feel like everybody is upon underneath. And it's a game. I really think it's a game holdings. You say indeed. What does that mean? You know, I do feel like everybody is upon underneath. And it's a game. I really think it's a game to Elon. I do. He loved going on Saturday Night Live to tweak people for this exact same reason. Do you think the government's going to let him do that? No, no, no. I think they're going to allow him to do that. I think they're going to crack down on him eventually. Look at the numbers. Bitcoin at 43k down from a high of 65k in mid-April.
Starting point is 00:22:22 Dogecoin 48 cents down from 75 cents. Even Coinbase, right? They've plummeted since the right. down from a high of 65 K in mid-April, Dosecoin 48 cents down from 75 cents, even Coinbase, right? They've plummeted since the ride. They're now below 20%. I'm leery of the people that are so outspoken and so adamant and passionate about it. Mark Cuban, Elon, Robert Kiyosaki, some of these people,
Starting point is 00:22:39 because they're very high profile. How much are they protecting their own brand? And doing it for to go up against you? Yeah, because they can't afford to look stupid. I have to tell you this. I have to tell you this. Here's a challenge to phrasing as well. You ready? Say you got $10 million of gold. Say you got $5 million of gold. So you got a million dollars of gold. So you got $50 million of gold. If you do, are are you really gonna pump up Bitcoin against Gold and your investments. I don't know about that. Shift is a gold standard guy
Starting point is 00:23:10 You know Kiyosaki is a gold guy. Yeah, okay, silver. Yeah, silver even Buffet buffets not a Bitcoin guy buffets more, you know silver, you know, he's got a little bit of investing So the point I'm trying to make to you is there's a part of it Also where people are telling like for example, I own a Zion Williamson card probably the best card He has I own one of them. There's five of them. I have one of them. Okay. This is probably a million dollar card Okay, what do you think I'm rooting for when I watch a Zion play? You think I'm not sitting there saying I'll discourse this guy's course 56 points Go sort of play off stuff and I hate to make you today,
Starting point is 00:23:45 playoff, Tom injured all this stuff. I'm telling you publicly, I am supporting Zion to have a killer career, because I'm banking on it. That's my motive. I feel Zion could be a player. So the investors, the people out there have to know when somebody makes an opinion about something, go a little bit lower
Starting point is 00:24:04 and find out where they're invested and then find out when a guy gets up and says, this is the greatest time to buy real estate. Who says that? A guy that really starts a real estate. Exactly. When a guy says, don't worry, stay in the market. It's gonna be all right, don't sell, stay.
Starting point is 00:24:21 Good times are coming. Who's saying that? Some, that's exactly. So you have to also sit there when somebody gives you the feedback. You have to go to a platform with there's differing opinions and see the debate going on. But at the end of the day, people are typically going to give you what they think is the, you know, what their main capital is in.
Starting point is 00:24:38 So anyways, that's why when you think, shift on some of these guys, there's a motive behind it. One thing. But nothing negative, it's just, it is how we are one thing i look everything with crypto bitcoin dogecoin coin base has come to a screeching halt and has gone down significantly since elons uh... s-n-l appearance
Starting point is 00:24:57 he came on there and since the opening monologue when his mom showed up on mother's day he's like i got you something from other's day mom goes, please tell me it's not Dogecoin. He's like, oh, it's Dogecoin. And then went on and on and on. And basically called it essentially a scheme, not a scam, a scheme, and a hustle. A hustle.
Starting point is 00:25:17 He's like, oh, it's a hustle, Michael Cheyastum. It's a hustle. It's comforting. Right? I mean, for the guy that's that influential, the joke about it. Follow the money. Look where it's gone. So ever since mean, for the guy that's that influential, the joke about it. Follow the money. Look where it's gone.
Starting point is 00:25:26 So ever since his appearance, it has gone down. So something that has also come to the forefront, which I actually appreciate is like, things are coming out there, the good, the bad, the ugly, everything, the negative, the positive. Something that doesn't necessarily coalesce with his whole views on life and his business is the amount of energy that it takes to mine Bitcoin.
Starting point is 00:25:46 That's like the one big thing that's coming out there. It's like, yeah, it's digital currency. And it's built on the blockchain. It's a good point. And all these good things about it, but it's like, yeah, do you realize how much energy it takes? It takes, I showed you the Bill Mark clip. Can you pull that up out there?
Starting point is 00:26:01 Yeah, I mean, how much energy it takes to mine a Bitcoin? It's crazy. Bill Mar, who is obviously not a fan of crypto, he came out against it draws line in the sand and basically said, this takes a shit load of energy. So you can't be pro environment and pro Bitcoin all in the same uniformity right there because it's sort of, it's an oxymoron because it takes so much energy yet, you know, you if you're pro environment and you know green new deal and you're also crypto it out It doesn't that's add up so here. Yeah, you can't be more contradictory than to have a car company Right to get away from fossil fuels and then you're all into the other thing
Starting point is 00:26:39 That's why I think he's effing with everybody. I really do. I think this is sport for him What does he have to lose? He's worth 180 billion. This is fun. How else is he gonna get any fun? He can't go anywhere. He can't do anything. He goes anywhere. He gets mobbed.
Starting point is 00:26:51 Right? I think this is his sport. This is bad. Something to keep in mind about Elon Musk is, if you go back pre-pandemic, even during like a year ago from now, do you know his net worth a year ago? Probably under a hundred.
Starting point is 00:27:05 Oh dude, it was like 40? It was like 40 billion. And now he's at over 130 billion, where's he now? I don't know his exact net worth. But to go, there's a, that's a different level. He's number four now, he dropped number four. But the point is to go from 30, 40 billion to 130,
Starting point is 00:27:20 like the guys added 100. What's your point with that? Don't you think your perspective and And you're maybe your god complex will change a little bit when you have another Hundred billion to your network. Don't you think things might change just a little from your perspective? I I don't I don't disagree I think there could be something happening there You know the other day I was tweeting about how much it cost to make a penny. It's 2.2 cents to make a penny, right? I don't know if you know
Starting point is 00:27:48 that's that. It costs 2.2 cents. 2.06 cents to make a penny. It makes no sense. It costs the Federal Reserve five and a half cents to produce every dollar bill, five and a half cents to produce every dollar bill. And here's the kickerer how many hands does a dollar bill or a five dollar bill exchange in a year let me say that one more time how many hands what do you think the dollar bill a thousand a dollar or a five dollar bill I'm actually curious to know what the viewers will say how many hands do you think a dollar bill or a five dollar bill in a year you think a thousand people will touch the dollar bill or five dollar bill what do you think the number is? Five thousand. It's actually really interesting number. It's 110.
Starting point is 00:28:27 110 people. It's, I was way out. Well, maybe your dollar bill went through too many strip clubs. So it didn't change way too many. But there's a lot of strip clubs. There's other body parts that that touch too. Yeah, but the, but the, but the, I'm usually the rated R guy. You got a 2 PG 13 guys going out. So, so I have Richard who they keep telling me that I got to get the sky on our heart who responds and says,
Starting point is 00:28:50 do you know it costs $40,000 to mine a Bitcoin? I don't know if it's true or not. He says it cut. Can you type in how much does it cost to mine a Bitcoin? He says $40,000 to mine a Bitcoin. If it costs $40,000 to mine a Bitcoin, are you kidding me? So some of this stuff is not sustainable.
Starting point is 00:29:09 It's not sustainable. Can I think more more about Elon? You know, we lump him into this category with the one-dimensional nerds billionaires, the guys that have created something and that they're hyper focused on technology or building a company like that. In my opinion, I think Elon is 65% business genius,
Starting point is 00:29:25 35% entertainer. I really do. His wife or his mom was a supermodel. You know, on the cover of Vogue, you know, I think he is an entertainer almost as much as he is a business tycoon, a tech genius, et cetera. So some of this is sport for him. He gets more amusement out of this
Starting point is 00:29:42 than anybody else with a high network. So I just find a Forbes article, I don't know if you're looking at the Forbes article, I put, okay, right there, go right there. It says, pull up a plus control plus to make it bigger so the audience can see it. And can we flip on the camera so the audience can see it as well? Okay, if you go there and take a look,
Starting point is 00:29:59 it says in early 2020, research is predicted to cost to mind Bitcoin will be around. Can you get rid of it? Okay, will be around $12,000 or $15,000 after the block reward, how, how, howling in May, it have like split split, but it is now much cheaper to mind Bitcoin, BTC than the initial estimates, the low breakdown price to mind Bitcoin may leave its vulnerable to correction. Go, go, little lower. I saw five to $6,000.
Starting point is 00:30:24 Go, little lower, see what else we have on the bottom. Keep going, keep going, keep going, keep going, keep going, keep going. Okay, so, so I, you know, again, 12 to 50 right there. We can remember miners based in China said that the break down, break even cost to mind Bitcoin hovers around five to six thousand dollars. The break even costs around five to six thousand dollars, considering the cost of mind Bitcoin for the big mining centers and individual miners can range $58,000 miners have more incentive
Starting point is 00:30:48 to sell to cover operational costs rather than to hold onto the BTC day mind. So five to $8,500 to mind Bitcoin, here's the kicker. He said 40,000, right? Let's say he's right, a used to be 40,000 to mind a Bitcoin. Then it went down to 12,000, 12 to 15,000 dollars. Then it goes to 5 to 85,000 dollars.
Starting point is 00:31:07 I think they're gonna find cheaper ways to mine Bitcoin long-term. Regardless of it, that's pretty expensive to mine a Bitcoin. What do you think about that? I'm gonna ask the question that I assume half our audience is thinking, how the hell do you mine a Bitcoin? I get it, it's not mining like a gold digger.
Starting point is 00:31:25 Yeah. You're figuring out computer algorithms, where'd you go with the gold digger comment? Well, you don't want that. It's all about the stuff. I was gonna go somewhere back. The strip or stuff, it's like, I came back. No, no, take it out there.
Starting point is 00:31:35 But the one thing that I actually appreciate, and if you guys haven't seen Bill Mars take on cryptocurrency, it's actually a pretty impressive one, whether you agree with him or disagree, actually. He goes, I've read articles about crypto, I've done research on Bitcoin and I don't understand it, and neither do you, and especially when it comes to mining. So unless you're living this kind of life,
Starting point is 00:31:57 like my buddy Adrian lives in this world, and I'm on my, how the bee bobs though, and in the bitty bobs and the bitty bobs, people don't understand this. I know many people have jumped in on the crypto craze and have no clue what they're doing. By the way, I don't think you're wrong. I think a lot of people would agree with you.
Starting point is 00:32:14 I think a lot of people are clueless under acting like they know and they simply have no clue what's going on. A lot of people are gonna look like idiots that are self-proclaimed experts on this right now and are so loud and so adamant about it because there's a good chance that this whole world changes in a few months when it comes to crypto.
Starting point is 00:32:27 You underestimate the power of idiots looking like genius. I mean, you have to realize there's a lot of idiots in the world that stuck around and they were patient banking on what's gonna happen long-term. And next thing you know, they're living in that $10 million home driving a nice car and 15 million in a bank and you're asking, how'd you make your money?
Starting point is 00:32:44 I simply went into doge. I went into crypto. I went into Bitcoin. I went to Ethereum. There are people like that out there. There's something that's got to be said, though, about putting in actual work. There's a lot of Bitcoin millionaires out there
Starting point is 00:32:57 who, you know, kudos to them. I'm not talking shit that weren't working that hard, and, you know, they were dealing stuff on the dark web and in the black markets and they heard about this and they kinda lucked out with where Bitcoin goes. At the end of the day, I think a lot of people just don't wanna work that hard
Starting point is 00:33:16 and they wanna get crypto rich and I think that's gonna be very ugly for a lot of people who just wanna get rich quick and don't wanna put in the work. Well, you got crypto rich, no? Well, you're laughing. That's not how I got rich. No, no, no, no, no, no, no, no, no, that's not how you got rich.
Starting point is 00:33:31 I'm not saying that, but you experienced a moment of crypto rich in less than 90 years. Yeah, I did. Kind of an interesting thing to look into. But you were counting your counts out how much? It's a good amount of money, right? Millions. Millions, right? And it's like, what the hell just happened. Yeah, now I owe money somehow
Starting point is 00:33:49 I just have five million Here in the back is all our computers are on and you're You walk in the valley, you see what? But that's my point, is that? Do all things electricity came down and again, and complained? I invested in this NFT platform. And I could even spell NFT at the time, but the guy's like, oh, it's a good idea.
Starting point is 00:34:12 You gotta do it, but I'm not. So I think there's a lot of people, look, at the end of the day with crypto, you can't, don't invest money, you can't afford to lose. So I think a lot of people want to get rich quick, and they're in on this crypto scheme or scam or hustle, whatever you want to call it, or if it's legit, whatever you want to view it, but this is not work.
Starting point is 00:34:30 By the way, shout out to Chad Williams, he's driving and listening to the podcast at nice words to say while he's listening to the podcast, Chad, appreciate the 50 bucks, but I'm gonna tell you guys, a guy right here just said something, saying, Ripple, XRP is an elocid with SEC, could be the first crypto regulated,
Starting point is 00:34:47 99% of cryptos will disappear. They are also in the crypto climate accord. So here's what it means. If one of them gets regulated, they can use the same case. It is so important for the crypto community to make sure ripple wins. It is just as important for competitors to make sure Ripple wins,
Starting point is 00:35:06 as it is for them to, because if they lose, who they can go after? There's a lot of them. How familiar are you with this Ripple, XRP? As far as what? Just in general, what it is, the business behind it. I'm not. So I have two different perspectives here.
Starting point is 00:35:21 I have one friend, Ricky spoke to Amize in Australia, the criminal defense attorney. This guy is like the biggest, he is the biggest advocate for Ripple out there. Again, he's an attorney, he's not a crypto guy. But all he talked to you, you're in on Ripple yet? Yeah, XRP. And then I talked to my buddy, Adrian, who's like,
Starting point is 00:35:40 dude, don't touch that with a 10-foot pole. It's outdated, it's not gonna work. There's lawsuits. So again, it comes down to perspective. Who's right? Who's wrong? I don't know You know it remains to be seen, but it's speculative. It's not a Translation Adam hasn't made any money on it yet. That's not true 2200 dollars in the last three years on crypto You can't you can't let's real money right there. Okay, so there's a couple of zeros behind it That's not true. He made $2,200 in the last three years on crypto. You can't, you can't, like it's real money right there.
Starting point is 00:36:07 Okay, so there's a couple of zeros behind it. He's brewing. Look at the way he dropped that right there. It's all fake money, it's all funny money. He'll say, in your hand yet. No, six month lockup period. That sucks. Yeah. Well, I mean, it is what it is. So let's talk about a little bit more of a serious topic
Starting point is 00:36:29 that everyone's being affected by. And this is something I want everyone's attention on. Because odds are there is somebody right now that's going through some kind of anxiety based on this story. And it's a CNN story talking about why sexual activity took a pandemic hit and what to do about it. If you're in that community, this is very important. Now, why would CNN write an article like this? Because it's CNN, okay? In the age of COVID-19, our
Starting point is 00:36:55 sexual stock has plummeted. None of the old excuses like working late, dinner obligations, a rough commute to get in the way and with nothing else to do on a Friday night, why not sex? Our libidos are like the stock market. At a high level, they go upward, they go down. But when you look closely, there are numerous factors, physical and psychological affecting those fluctuations and the age of COVID-19, we're exercising less, eating more, drinking and smoking and vaping to escape the anxiety, all of which affect our sexual health and self-esteem. We might not change out of our pajamas or showers regularly, which affects attraction
Starting point is 00:37:31 where large you shut off from the outside world and it's external stimuli. Stimuli and more on top of each other than ever before and that's leading to anger, resentment and sense of relational claustrophobia, our research even found that the effects of force prolonged cohabitation during the lockdown led partners to turn to masturbation and porn use and less to sex with each other. What a very family friendly article. I mean, it really gets me in wanted to based on your tone right there. Half our audience is just drove off Sound there there they might go have sex right now
Starting point is 00:38:08 Exactly what it might not the damn pot watch we lose like a thousand people everyone's having sex Did you know that you used to work sex and stock in the same story there? So Adam I turn it over to you your two favorite strikes saved that money. Yeah, well, I think maybe it's like save that Connors of what it is but go ahead. I don't think anyone's worried about condoms these days. They're worried about COVID. I don't think anyone's worried about that. You think so. I think there's a bigger concerns out there than, you know, wrapping up.
Starting point is 00:38:33 But I don't know. There's something about a pandemic. She in Intel's me. There's something legit going up. She in and right to do. You got to take it seriously. I do. There's something about a pandemic that don't make me horny, baby.
Starting point is 00:38:45 I don't know how to use awesome powers. It don't make you horny, baby. No, COVID, you don't. However, to give a shout out to Elon Musk, again, the biggest troll out there, I hope everybody is ready for a slutty summer. Thanks about to get real slutty around here, all right? So cover your eardrums.
Starting point is 00:39:05 Are you familiar with this slutty summer effect? There's so much pent-up demand, whether you agree with this article or not, I guess people aren't to have in the 60 times, as much as they should or could have. Yeah. And now there's a lot of pent-up demand going on this summer. And I've just experienced this first hand
Starting point is 00:39:24 down in South Beach, people have been locked up. And you're talking to a girl. Has any girl asked you, have you been vaccinated? Has any girl asked you any questions like them when you're talking to her? Has anything about COVID come up pre, you know? Not like, all right, you've been, I'm about to have sex with you,
Starting point is 00:39:39 but have you been vaccinated? Have you ever COVID yet? I think it's just, but has anything, have you had COVID yet? I think it's just, but has anything else? Anything have you had COVID yet? I think everyone, I think everyone has to each other that. No, no, no, I'm talking random. You're talking to, I've been married for too long, I've been for a long time.
Starting point is 00:39:53 I don't know what it is to be single. I don't know the games. I don't know the games. Well, you're definitely, I'm asking you more during the pandemic. You're about to have a baby. In about three weeks. You're having a COVID baby. So clearly this article doesn't apply to you.
Starting point is 00:40:03 So maybe you're, maybe this COVID thing turns TBD on. This is the biggest kicking more than any other kid we've had that's kicking. This kid is a kick in baby. She's fired up to come on. Well, but go back to it. When you are, I'm asking you, I'm so kind. I'm married. He's married. You're single. When you're out there in the market, you're talking to folks. I mean, I'm, you're what? You're on, you're on real life now. I'm on real life now. I'm on real life. I mean, I'm, you're, you're what? You're on, you're on, you're on real life now. I'm on real, not on, not on, not on a bumblebee grind it. What you're, you're on just grinder at this point. Got it. So not, not so much for sex. I'm just looking for a guy to take care of me. Whatever you're on, I hear all these apps from all you guys you're that talk. I'm not on any apps. I'm not on, I'm on, I'm on, I'm on real life,
Starting point is 00:40:39 South Beach lifestyle. When you're talking to me, girl, is it coming up at all? Is what coming up? COVID. Is it coming up at all is what coming up? COVID is any of it's coming up are is it is it coming up? It's the question is anything coming up where Kai you're out there in the market are girls asking about COVID? Is that coming up? It's not I've not had that When a girl actually talks to you When you have the courage to talk back what you said i've had to have women ask me questions
Starting point is 00:41:10 shame on the force and that's your old dog helps you look here's what i will say here's what i will say this is again in florida so there's other states like if you're new york new jersey california going to like bro i haven't been at a bar or a club in a year and a half. People are out and about. People are out and about. They're living their best life. They're in clubs. They're in bars. They're in restaurants. Again, this is in Florida and people are mingling again. People ain't scared at this point. I think young people specifically.
Starting point is 00:41:39 Do you buy this? Do you buy this article by CNN? Okay, here's what. Okay, go ahead. You know, have you guys watched CNN lately or read their stories? There is no more group of sexually suppressed people than people that work for CNN. That's what I go about. No, the ones I don't get any sex.
Starting point is 00:41:51 So they're writing about it. So they need to have a little bit more sex and loosen up. But you know what, if you Google sex. They're saying liberals aren't banging. I'm talking about CNN. He's saying you ought to go work for CNN. It would be a lot of, would that help my sexual activity or work?
Starting point is 00:42:03 We'll actually give an endorsement for you. I can I ask you a question? Yeah. All right. Here we go. This is not meeting. He's gonna ask me. I'm just I'm just saying has there been more or about the same romanticism in your relationship over the last year? This isn't that personal relationship. Just like everything else, it's whatever I say there's gonna be.
Starting point is 00:42:33 Damn! I'm kidding. Yeah, Tom, okay, Sean is gonna call it like man. I'm gonna try to, Tom, get your ass off the door. But in general, cause you've been unlocked in California, is it the same?
Starting point is 00:42:44 More or less? Man, I don't let pandemics or anything be an excuse. Okay, okay, but our divorce is going up or they're the same where divorces these issues very good question I feel like a lot of people are like dude. I've been you know what? If you walked in with the numbers are up. I wouldn't be surprised if Numbers, there's a couple guys I went through the Sky name Jeff and and the scanning bill. I don't know if you guys know these two guys. Jeff, this all sent a bill against. Yes, yes. Well, I have a couple reasons why there might be less sex
Starting point is 00:43:10 going on during the pandemic. Number one, I think it's binging on TV shows. I think it's the content of TV. It's dark. People watch the Ozarks at night. They watch the Undoing. They watch Better Call Saul that so much content out there is so dark.
Starting point is 00:43:23 It doesn't get you in the mood for doing that. I'm speaking for other people and I'm looking for reasons. Plus with people on top of each other all day, not literally, figuratively or whatever. But, you know, that plays a role in it too. They're seeing the same person. And I think, who? Could it be the wardrobe learning what's okay? The way I would see it is.
Starting point is 00:43:40 What is the greatest stress reliever in the world? Honestly, like it's got to be the other way. It's got to be the other way Honestly, like it's gotta be the other way around. It's gotta be the other way around. It's gotta be the other way around. It should be, logically. It's gotta be more, it's gotta be like. No, again, my initial point, I don't think pandemics make people horny.
Starting point is 00:43:55 What are you talking about? Oh, okay, I know you're having a baby and something about COVID is. It's not about doing things in the bed, David Household. Let me put it to you this way. I tell you, I'm gonna ask you a question. Sure. And this goes to everybody.
Starting point is 00:44:06 Paul, you can actually participate in this as well. Sam Kai, everybody if you want to participate. I'm excited. What is the number one, give me your top three stress reliever. In your life, what is it? I'm actually being serious with you. Folks, if you're listening to this, please participate.
Starting point is 00:44:20 What is your top three stress relievers? Some of the comment sections about to go off. But what is your top three, relievers? Some of the comment sections about to go off. But what is your top three? Your mind went to a place but... I would say yoga, meditation. Guy, right? All right. That's your number one?
Starting point is 00:44:35 Yeah, when I think of relieving stress, I'm not like, I gotta go bang someone. I'm not saying that. If you're in a relationship, if you're in a relationship, and you got somebody, if you're in a relationship, what you're in a relationship, and you got somebody, if you're in a relationship, what are the top three stress relievers? I'm being serious with you. Can I answer?
Starting point is 00:44:51 Yeah, I didn't know there were two others. They're gone with him. I didn't know that was a stress reliever. What are you talking about? Like, are you okay? Are you, like, there's... Play on, play on. One of the healthiest, a human being could do
Starting point is 00:45:04 is have some healthy sex. I'm not anti sex bad We finally figured this out. No, I'm all in on slum right now. I'm none I'm looking at the comment section. I'm actually asking you guys seriously. I'm gonna give you my okay So that's your first give me your second and third there are no other. Okay, so fair fair. I'm with you there. Wait, come on There are no others give me yours a lot of people that is a lot of people that is not gonna give me a lot of people that smoke Weed watching notebook. What else? Smoke and we what else is it a lot of people that smoke weed? There's a lot of people that do yoga and I do it with a stockbrook lots of people
Starting point is 00:45:41 But nobody in this podcast, but lots of people smoke weed lots of people you know Yeah, I mean sex is the top three okay? Hey Kai top three. What's your top three? I mean that hasn't been mentioned. That's it taking a nap He's trying to say the new headquarters were building we got to get a How you doing baby? Some people said Jim we got Daniel like you're us as Jim sleep and a lot of people said music reading the Bible Junior yeah, I do that. I'd read the Bible and then I go
Starting point is 00:46:27 Pray for Adam So here's a point if you're under a lot of stress, I mean we got drink soy milk is one I Lower this man. He's like About one that might I could take it to a whole other level here It's a hundred percent serious so this and it might segue into our next topic. Which is what? Guaranteed you. And I guarantee you this is all 100% seriousness. 99% of the problem in Bill and Melinda Gates
Starting point is 00:46:53 marriage was sex. You think so? I'll tell you right now. Because that insider information. I don't need it. I have great information. I don't need it information. I go with my gut.
Starting point is 00:47:01 So you think, so you think it was bad sex. I'm saying lack of sex, bad sex, not turned on to each other. Hold on, are you trying to tell me that Bill can't hit it, right? Would all that data Bill has, you don't think he's an analytics guy. Oh, that guy is doing some numbers crunching.
Starting point is 00:47:16 Six minutes and twenty seconds. It's when I do this. I'll end up. And about two minutes. You got Microsoft. Is it bad boy? You take it. It's a bad boy. You take it. Bad man.
Starting point is 00:47:26 Got mail. Yes, you got some mail. How about the naked swim parties back in the day? That was a little creepy. Microsoft? Yeah. Let's go to that. Let's go to it.
Starting point is 00:47:36 Real quick. I do have a prediction. I'm getting this. I predict this at the beginning of the pandemic. I think there's going to definitely be a baby boom, a pandemic baby boom. People are locked up. I would have to agree with that. People have been locked up.
Starting point is 00:47:47 I'm not saying they're banging on stuff like rabbits, but some stuff went down. I would have to agree. You're locked up, you're in the house, you can't go out. Let me tell you, the last 12 months has been probably the most stressful 12 months a marriage could have had because of all these different things that's going on.
Starting point is 00:48:04 You're dealing with kids. You're dealing with kids not going things that's going on. You're dealing with kids. You're dealing with kids not going to school in many states. You're dealing with work. You're dealing with constant new regulation, fear, death, you know, the stuff going on with Trump, Biden, election protesting, BLM. I mean, it was non-demonstratable. Yes, that's why I think if people really, if you're married, you're in a relationship, hey, one of the healthiest things you can do is to go, you know, practice the God giving
Starting point is 00:48:31 the gift of what you have. Practice what you have, man. Yeah, do, do, no, no, actually go. So you would think it would be higher than it would be. Go, go, go, go have a sexist. You can as crazy with your partner. I think, I think this people's relationships is much like the famous New York song during COVID. If you can make it here, you can make it anywhere. You can make it together through a relationship during COVID. During COVID. I mean, you can make it anywhere.
Starting point is 00:48:54 Wow. Sounds like that. That's profound stuff. That was the next doctor filled. The next doctor filled right there is Dr. Sauce. Dr. Feige. It's a Bill Gates. Since you brought up Bill Gates, Bill Gates crafted a public image as a likable nerdy-do-gooder,
Starting point is 00:49:06 gooder office affairs, uncomfortable workplace behavior, an Epstein ties, revealed cracks in Esfasad business insider story. For decades Bill Gates has had this persona, but pleasant philanthropist. In contrast with the likes of Tesla's Elon Musk and Twitter's Jack Dorsey Gates was likable, relatable, and non-threatening. But new reports about the take-founder and the wake of his likes of Tesla's Elon Musk and Twitter's Jack Dorsey Gates was likable, relatable, and non-threatening. But new reports about the take-founder and the wake of his pending divorce from his wife of 27 years after a less flattering picture of the man reports from the New York Times
Starting point is 00:49:34 and Wall Street Journal indicates Gates' at times treated the workplace like a pick-up spot, making advances towards women who work from the idea that Gates viewed the workplace as a trawling ground for dates, may not come as a surprise, considering the origins of his marriage, Gates met and began dating Melinda French in 1987 after she took a job at the Asa Marketing Manager. At Microsoft, the Wall Street Journal
Starting point is 00:49:54 on Sunday reported Microsoft board hired a law from to investigate Gates in 2019 over claims. He began an affair within, with a company employing 2,000 just six years after his wedding. Earlier this month, the journal reported that French Gates has been considering He began an affair with a company employing 2000 just six years after his wedding. Earlier this month, the journal reported that French Gates has been considering the divorce ever since 2019 and she became upset over Gates' willingness to meet with disgrace financier Jeff Rehepsen.
Starting point is 00:50:17 Anyways, there's a bunch of other stories. Go ahead. Tell us what's going on over here. You know what? Regarding this divorce and regarding Bill and Melinda. So, for the life of their marriage, I always find them to be, I mean, for lack of a better word, very creepy. I just found the two of them.
Starting point is 00:50:29 Creepy or fake? Both. Creepy, fake, robotic, cyborg-esque, just nothing real about them. Not even human, right? Insane, wealth, big, buying everything, trying to tell everybody what to do. This is the first time I found the two of them actually human.
Starting point is 00:50:44 You know, we're going through some actual human pain, emotion, things that normal people have to deal with. It's the first time the two of them have ever seen normal. Now, when they announced that they were getting a divorce like three Mondays ago, the first thing that came to my mind is what I just said, Bill wasn't getting enough sex. And he might laugh about it,
Starting point is 00:51:00 but sex has something to do with this marriage, fallen apart. Jeffrey Epstein involved. Why are you involved with Jeffrey Epstein? Bill Gates is 10 times smarter than Jeffrey Epstein. He's not doing it for financial advice to invest. He's doing it for other reasons. I don't know what, but for something else.
Starting point is 00:51:16 And where does Bill go next? That's the question, because look at some of these rich guys that get divorced. They want to move on. They want to have fun. There's that one thing in their life that they haven't been able to really experience is that loving relationship, probably with a female. Look, that's part of their problem. I'd mentioned early at the top of the show, one of the other bones of contention between
Starting point is 00:51:40 the two of them now is the $10 million inheritance that they were going to give for the kids. Melinda's brought in the estate lawyers, the inheritance lawyers, and she's gonna amp it up a little bit, but for the first time ever, I see these two people as human beings, and it's, they hate each other right now. Every day there's a new story, and I'm sure Bill would like to put the lid on it.
Starting point is 00:51:59 What do you think Melinda's like behind closed doors, and what do you think Bill's like behind closed doors? Like how do you see each being? Like do you see Melinda being the loving, caring, bill you're the greatest ever or do you think Melinda's more extremely competitive, we're equal. I'm just as smart as you, I'm just as this. And then do you see Bill being passive aggressive
Starting point is 00:52:17 like dude whatever, I don't even have time to argue this. I do realize who I am. Well how do you see them being behind closed doors? When they were married. Yeah, I see Bill running off and doing other things, getting out of the house to avoid her. I see her being pretty tough on him, maybe for not being around the kids enough,
Starting point is 00:52:30 maybe not doing things her way. I don't see her as the loving housewife, trying to make Bill's life better. I think something that comes to mind you, I know you're saying that you didn't perceive Bill in Melinda as human and almost robotic. I think something just to keep in mind is, no matter how many billions you have,
Starting point is 00:52:47 how many zeros you have behind your name, everyone puts their pants on one leg at a time. Like it's the same old thing. And you know, Elon Musk, he's worth 150 billion, like the only person that actually might be a robot out there is maybe Mark Zuckerberg. He's the one person I'm a little questionable about. But I think it's, like you said,
Starting point is 00:53:03 this is humanizing gates unfortunately it took a Divorce for us to actually realize that he's human, but I think Bill's gonna be okay. I think there's a lot of Sapeo sexuals out there to using called Daniel Who's one of the top Sapeo sexuals out there? I'm going it was all all that late night DJ talk. But I think there's a lot of women who are gonna be very attracted to it. Yeah, he doesn't want to say,
Starting point is 00:53:35 that's what he just said. No, he is, he is the Sapio's sexuals. I think there's gonna be a lot of women out there. They're gonna be very attracted to this newly single, one billionaire smart guy. I'm gonna be a eight year old tatted guy with nose rings and neck tattoo Melinda's like, dude, I'm going complete. She's going bad boy.
Starting point is 00:53:52 Yeah, exactly. Like the guy from a why him? You know the movie why him? Yeah, James Franco. James Frank was been getting a trouble. He's getting a little canceled. Yes, he is from his own best friend from his own Seth Rogan's and I'll never work with them. Yeah.
Starting point is 00:54:04 So somebody like him. Can you imagine Mel them. Yeah, so somebody like him, can you imagine Melinda gets shows up with somebody like him? What, why him, Melinda? Why him? Why not? He's got tattoo of a Christmas card on his back. You've got this one life,
Starting point is 00:54:14 and you just gotta go with your gut, you know, and that's what makes you feel good, go for it. Everyone's like, one thing that I think we can all agree with, no matter what you do, you're gonna be judged. No matter what you do. If you say this and you think you're right, people are gonna judge you. If you're going here to the left,
Starting point is 00:54:30 people are gonna judge you. So at the end of the day, I think you just kind of got to do what feels right. And not worry about the cancel culture, the wokeness, or the people thinking you're to this, or you're to that. And go with what feels right. I think Bill probably enjoys life maybe more than we think he does.
Starting point is 00:54:48 You know, I think some of this is creeping out a little bit with the pool parties back in the day. I'm sure that wasn't just a one time thing. I know he's involved in some very, very exclusive private clubs around the country. So he's a golfer. You know, he probably enjoys life more. So what's the pool party?
Starting point is 00:55:02 Tell us about the pool party. Oh, okay. So this came out that back in the day before he was married, that they were having, they would hire, they would go to sex clubs in Seattle and hire some of the workers there to come to the house to do naked swim parties with Bill and some of his friends. That's how they would blow off steam
Starting point is 00:55:20 back in the coding days in the garage, you know. They need it all day. They need it. Mm-hmm. It's good to know that he's normal. It's good to know that he's normal. steam back in the coding days in the garage, you know, all day. They need it. It's good to know that he's normal. It's good to know that he's normal. So do you like him more now? Are you going to switch from Apple products to Microsoft products?
Starting point is 00:55:32 So you kind of start like doubling down on their software and whatever they come up with. He's a fighter, you know, he's an intense fighter a very competitive guy. How competitive does he bring that to the divorce? Does he try to crush her? Or is he, I mean, he's got to be very, very careful here, right?
Starting point is 00:55:46 Because if you listen to stories about how he was building that company, he was tough. You know, he was very aggressive. Very, he had no problem squashing people, destroying people. And this, you know, you get your gloves up when you're in a divorce, man. I mean, it's just, it makes you,
Starting point is 00:55:59 it takes you to a different place that you don't want to be. And I think the media is probably making it even more intense. All these stories coming out and them going through it, it's probably pissing them off even more. But how long do you think this is going to last? How long do you think this is going to last? You think they're going to drag this out for a long time? I think they had a head start on it,
Starting point is 00:56:15 the way it sounded like they were having some of this stuff discussed a couple years ago. Wait, before the announcement was made. Yeah, so I think they got a lot of it in place. But I think Melinda's probably sitting back and seeing that public sentiment is leaning towards her And her lawyers are gonna smell blood and they're gonna go for more and if they see that he's vulnerable I would imagine this could get very very contentious. That would be my prediction. I don't know if it's gonna get as contentious as you're predicting
Starting point is 00:56:37 I think this is something they've been working out for a while they had no Pre-Nope They had no pre-knop, sorry about that, never been married with a pre-knop, sorry I forgot about that, they didn't have a pre-knop in place. And I think there's something that they're gonna work out behind closed doors.
Starting point is 00:56:53 I think it's the media and I think it's just public perception. Oh, Bill Gates is banging this and is doing this and he's having sex with pool parties. And he's just like, like, man, I'm just gonna do it. By some more farmland, I think they're gonna be very, very, I think they're gonna, it's gonna be ugly. I really think-
Starting point is 00:57:08 Scale of one to 10, how ugly? 10 being the ugly. Okay, 10 being War of the Roses. Remember that movie with Daniel? Yeah. I would give it an 8.8. 8.8, for sure. What about you?
Starting point is 00:57:17 How bad it's gonna be? Yeah, how ugly? I think the ugliness is already done. So what's your number? Oh, I think it was ugly a year ago and it was a nine and a half. And I think from here on it's just negotiation. I think it's a seven moving forward. Oh, okay. Yeah. I think they're just going to wrap it up and be done and move on. I think both of them are probably looking forward to it. I agree. I actually think it's going to be a three. Yeah. I don't think it's going to be that crazy. I think both of them are ready to move on
Starting point is 00:57:40 and just go about them. And you know who probably is looking forward to the most? The kids. and just go about them. And you know who probably is looking forward to the most? The kids. The kids are probably like, do parents, figures, thing out on let's go already. How old are their kids? They're young as 18, I think. Yeah, they got kids that are adults.
Starting point is 00:57:53 Oh yeah, yeah, they got a kid. One of them is 27. I know that they're adults. I assume they're in their 20s. What do you think the youngest was three? No, I thought I figured 25 to 35. You're 70 years old almost. You know what, I think kids take sides in a divorce
Starting point is 00:58:05 or I think the possibility is there if maybe especially if they're younger, but they can be easily influenced. Now here's, the media is all over this story right now and I think the potential is there to dig up more stories on Bill Gates, which could piss Melinda on. Jennifer, Catherine,
Starting point is 00:58:19 this was all going, can't you see Melinda going to our lawyers and say, get me five more billion. This is bullshit. I just read this story what he did eight years lawyers and say, get me five more billion. This is bullshit. I just read this story what he did eight years ago and he never told me, but let me ask you question. Here's a crazy question for you. Picture. Do you think anything's going to come out on her?
Starting point is 00:58:33 No. Uh, I don't know. I don't, I don't, my, my first thought is, no, I don't think so. Why is that? A, because the media has already dug in that Bill Gates is at the target. And B, she was raising kids. I don't think that was probably her nature to maybe, you know, wonder off.
Starting point is 00:58:48 I'm not talking about wonder enough. That's not the direction I'm going. But other kind of stories that could come out about her. Like what? I don't know. I mean, some sort of- Hard to live with. Yeah, I'm talking about how, you know,
Starting point is 00:58:58 like, like, like, all-in-genreous stories. Yeah, that's what I'm saying. Like, I'm saying like a story like that. Hey, I'm finally retiring again. I'm gonna go a different side. You're not really retiring. The audience kind of fired you. That's what I'm saying. Like I'm saying like a story like that. Hey, I'm finally retiring again. I'm gonna go a different side. You're not really retiring. The audience kind of fired you.
Starting point is 00:59:07 That's kind of what happened. You went from being the lovable. Everyone loves Ellen too. They don't really love you like they used to. We got to go find the next person to have a show for 10, 20 year run rate until they fired the next person because that's the next. Go get me the next Ellen.
Starting point is 00:59:20 Go get me the next Ellen to have for 10 years before the audience fires her or him. It's just kind of how things work right so it is the shelf life Yeah, there's a shout out on top. So anyways, let's go to the next story here California home. Let's go to page seven California home If you want to buy a this is actually a good story for California We got to give a little bit of a positive story for California. So found your California dream home story for California. So found your California dream home, good luck with that. It may be gone by tomorrow. This is an LA time story. The Forbiderm House in
Starting point is 00:59:49 North Tuston went on the market on Thursday. That Saturday, Vic and Sarah were inside checking out the mid-century living room and debating how they could remodel the kitchen into 1.1 million dollar listing. If they wanted to act, they didn't have much time. Offer what do Tuesday. Homes are selling at warp speed nationwide. Forcing would be buyers to make snap decisions on what is typically the biggest purchase of their lives. In California, houses haven't sold faster than at least three decades according to data from state's main realtors association. In March, a home's median time on the market in the golden state was eight days. That's insane. Eight days. The shortest time period recorded by a California
Starting point is 01:00:30 associate, and realtors whose database goes back in 1990. In the bubble years, 2003, 2005, homes typically took more than 20 days to sell. In the hot market years, preceding the pandemic, the median time on a market at times dipped further, hitting a law of 14 days in 2017. Eight days? You put the house on a market within eight days at selling. That's insane to be thinking about that. And it's all over the country.
Starting point is 01:00:53 You really don't hear about any market where there's in bidding wars on your own house. And then there's also these other factors that have come into it if you're a home buyer, if you're building a new home is the cost of wood right now. They say that the cost of wood is so high, because of the supply chain issues that they've had over the past year, that if you're building a house, add on another $36,000 on average per house
Starting point is 01:01:15 because of the wood. Shonda, my wife is an interior decorator. And if you want to order new appliances right now, she said, six months. Six months away. So by the way, right now at 10 o'clock, I got a interior decorator that's looking at one of the houses that we're looking at
Starting point is 01:01:31 to help get the place to fix that. And he says, here's our limit. Our limit's a minimum of $200,000. And this is what we take. And honestly, if you say no to it, we don't have a lot of time. So this is kind of what we're working with right now. That's not, wait a minute, what are you talking about?
Starting point is 01:01:44 Like 10 people you call, they're all saying the same thing. We're so booked. When you need it, is it like a month or not two months from? No, we can't do that. So it is a very different market today on who benefits from this, but the question becomes how long this is going to last? The challenge sometimes happens with how to friend of mine who was an interior designer and he would also come in and actually do the work
Starting point is 01:02:06 His best year in 2006. He made $1.6 million for him. That's a lot of money. He made $1.6 million in 2006 Do you know what happened to that two down a 1.6 million dollar income three years later? 150 not not not not 1.6 to $600,000 to a hundred and fifty grand 90% 90% drop off so here's the if you're listening to this and you're one of the guys that's making a lot of money more money than you've ever made in your entire life Take whatever your income is this year and divided by five years look at that as your real income if you make 2 million this year look at that as your real income. If you make two million this year, look at it as you only made $400,000
Starting point is 01:02:47 this year over the next five years. If you make a million this year, you didn't make a million this year. You really made $200,000 this year. If you can look at your income that way, you'll have it when the bad times come because it's not gonna be like this for too long. Look, there's two indicators when we talk about inflation.
Starting point is 01:03:03 Today we'll launch a video on inflation. Kai, what's the title of the video on inflation? The dangers of inflation and a futures of America, like how it affects, right? So there's two things that affect the market, that controls the market. Who are the two puppet masters of the market? Fed. Fed and the other one is the government, right? You got the Fed and the government. Those are the two puppet masters. Fed's increased rates when the market is doing very good and the Fed's lower rates when the market is doing what? Bad and they're scared about it.
Starting point is 01:03:35 Now, the last 12 years, the last 10 years, what have the rates been? Less than 1%. It's been less than 1% since Obama to Trump to now Biden, right? Janet Yellen indirectly says the rates are gonna go up and the reason why Janet Yellen says is because she was what before? She was Chairman of the Fed so she says the rates are gonna go and wait wait a minute Who are you? You can't say something like that. That's not your job. That's Powell's job
Starting point is 01:03:59 So she got in trouble. She had to come back and apologize the next day If she's hinting at their rates going up Whoever's buying anything today for cheap money, it's gonna change in the next 12 to 24 months. It is not gonna stay like this forever. People have to realize this. So this craziness that's going on, my biggest concern is a lot of people are buying
Starting point is 01:04:18 Ferraris, Lambos, S600s, whatever they're buying with money that they're not gonna have two years from now. What is a famous line that you say? Save that what? Save that money. If there's ever been a time to be very careful with your cash savings because they're gonna do this tax rates. This is not going away.
Starting point is 01:04:38 They're gonna raise the taxes. It's probably not gonna be 39.6 on capital gains. It's probably not gonna be 28% for corporate. It's probably gonna be 25% for corporate. And it's probably gonna be.6 on capital gains. It's probably not going to be 28% for corporate. It's probably going to be 25% for corporate. And it's probably going to be 33% for capital gains. 33% is still up what? 13% on 20. That's a lot of money we're talking about.
Starting point is 01:04:54 So if you can get some cash right now and sit on it, do so, because in the next two, three, four years, there's going to be some stuff that's going to be taken. By the way, when I'm saying cash, I'm not saying cash like you just sit on cash, because cash inflation is going to hurt you. I'm saying cash, I'm not saying cash like you just sit on cash because cash inflation is gonna hurt you. I'm saying put it in a place that you'll have access to in the next two years
Starting point is 01:05:10 because if you go into spending spree right now, it's almost like this. You've ever seen a fighter that comes in like it's these videos that do so while get 50 million views. The guy comes out, you have seen his poking fingers and the guys has face and the other's just ain't quite, right? And there was one boxer back in the days,
Starting point is 01:05:27 he would do the footwork and would make fun of you and slap the guy in the face. Prince, Prince, yeah, whatever his name was, right? Prince Ali. Prince Ali, he would do all this stuff and then one of the videos he's doing this and he's like looking so good, next thing you know, he's a little too cocky,
Starting point is 01:05:40 he gets caught, drops. I mean, it's terrible. That video on Facebook's got 40, 50 million views. Everybody wants to, everybody wants to see cocky people have a big fall. It's something people like. They like to see trolls with a big fall. Your guy, Jake Paul.
Starting point is 01:05:56 Yes, people love that, right? So all I'm saying is, if somebody's making money right now, more power to you, man. I'm excited for you. Don't over live your current lifestyle thinking this money is going to come forever. It is not going to come forever like this. Some people are making lucky money. You know who you are if you're making lucky money. Whatever income you made, the best way to gauge your income, I know, you know, the podcast we're going to
Starting point is 01:06:19 a lot of different topics, this is the best way to gauge your income. Take your income. If you made a million and a half this year, you made $700,000 last year. And you made $300,000 the year before. You know, in my eyes, what's your no matter what income is? $300,000. $300,000. If you made one and a half million this year,
Starting point is 01:06:38 you made 1.6 million last year. You made 1.5 million the year before. Guess what your income is. You're a one and a half million dollar guy. More power to you. So there's a big difference between this guy living at the 1.5 million dollar lifestyle. Then the person that made 1.5 million this year, two years ago, they were making 300 thousand dollars. The people that went from 300 to 1.5 with lucky money, they're going to get destroyed in the next two years. It's gonna be very, very ugly in
Starting point is 01:07:02 two years. It's gonna go back to 2008 years, when you were buying $200,000 a land with for $85,000, a guy comes to me, brings a yellow land, but says, dude, just take this from me. So what do you mean? He says, I bought this act, dude, just give me $85,000. I said, $85,000, he says, yeah, what'd you pay for? $250, he just bought it for $250,000 a year and a half ago.
Starting point is 01:07:19 Once $85,000. So there's gonna be a lot of those opportunities in next two years. Well, that means there's gonna be good deals on houses in a couple of places. Plenty, plenty. And in the next two years. Well, that means there's gonna be good deals on houses in a couple of plenty So plenty and an X two years you extrapolate that exact let's say you're making 50 grand You go to 120 grand and then you make 180 and same thing I do with same thing if I don't make the same money three years I don't buy stuff on the number that I make three years. I don't buy stuff on on numbers
Starting point is 01:07:40 I don't make three years you just have to look at your numbers that way Yeah, you can't get caught up in that. I made 300 grand this year, but I usually make 80 grand. Look, you're an insurance business. I've been in this business for 20 years. You know how many guys I've had make $100,000 in a month, $50,000 in a month. And I tell them, listen, you didn't make $50,000 this month.
Starting point is 01:07:56 You didn't make $100,000 this month. You really, if you take your six-month average, you made $100,000 plus the prior five months is 40 grand. You made 140 divided by five is what? You made barely $28,000. Act like you make 28, not you made $100,000. But unfortunately, guess what happens when a person makes a hundred? They get the Rolex, they get the Ferricamo, they get the Tom Ford, they get the Stefano Rui, they get all this nice stuff that comes to them. And next thing, you know, hey, I don't have any money two years that they've got tax issues. I couldn't agree more.
Starting point is 01:08:25 I couldn't agree more. So, especially if you're in an industry where you can make some big commissions. Like, there's been some times where I've made a huge pop. 100 grand a month ridiculous. I just put that shit right. You know what, I bought my first Rolex. Ask me when I bought my first Rolex.
Starting point is 01:08:40 Pat, when did you buy your first Rolex? Five years ago, I had 37 years old. Five years ago. You know when I could afford to buy Rolex? At 25 years old. At 25 years old? Five years ago, at 37 years old. Five years ago. Do you know when I could afford a buy Rolex? At 25 years old. At 25 years old. But I bought a Rolex five years old. Why'd you wait so long?
Starting point is 01:08:50 When did I buy my first fair gamo? What do you think? First fair gamo shoes, $550 shoes. Four years ago. 29 years old. My first J's, 30 years old. I've never had a Jordan until 30 years old. Tell us why.
Starting point is 01:09:01 The point, it's, you cannot, there cannot be this facade that you have real money. There are people that have real money. There are people that are making good money. It's a big difference. If you're making the money and you're living a lifestyle that you cannot afford, it's not sustainable. Half the time it's let me see what this guy's doing. Let me see what that guy's doing. For me, I'm about freedom. I'm about peace of mind. I'm about calm.
Starting point is 01:09:27 I'm about having a lot of those things. Sometimes there is risk. Don't get me wrong. Be kind close doors. I got a lot of my money that's also on risk because I'm going for the big pop. Like, you know how we talked about earlier when you said, you know,
Starting point is 01:09:40 there's gonna be a lot of idiots that lose a lot of their money in the next couple years with whoever, a dogecoin, a Bitcoin or whatever. And I said, there's gonna be a lot of idiots that lose a lot of their money in the next couple years with whoever, dogecoin or Bitcoin or whatever. And I said, there's gonna be a lot of idiot millionaires. They're just this. But, you know, what is a real idiot? Is somebody could have taken a risk and he's worth $78 million,
Starting point is 01:09:54 but he was one day away from being a broke idiot. But people say, what, what a freaking genius, that guy's. Just so, you know, a very wealthy person is one decision away from being an idiot. Of course. This is what people forget. You see somebody that won at the highest level, you think, oh, this guy must be a, he's not.
Starting point is 01:10:12 He just made a couple very good decisions and he was a little bit more patient than his peers. Yeah, just like everything else in life, luck plays a huge role in everybody's success and timing, you know, being in the right place at the right time. True, next story by the way. 64% of millennials have regrets about buying their current home.
Starting point is 01:10:28 This is a CNBC story, okay? Nearly two thirds or 64% of millennials ages 25 to 40 years, they'll say they have at least one regret about purchasing their current home according to a new poll of more than 1400 US homeowners and from bank rate. Only 45% of Gen X, 41 to 56 and 33% of boomers, 57 to 75 have reported. Some type of remorse about the current home they found. But overall, having some dissatisfactions pretty common, about 43% of all homeowners have at least one regret about their home. Among all homeowners, including millennials, the most common regret is underestimating
Starting point is 01:10:59 how much the maintenance expenses and other hidden costs associated with buying and owning a home. Other types of regress focus on the size of the home and the finances involved in the process, including the mortgage payment and rate. Adam, I'm gonna turn this to you. Yeah, I've said it before, and I'll say it again, home ownership, A and all that it's cracked up to be. And there's big three things you need, there's the big three things that you need to keep in mind.
Starting point is 01:11:21 And they said it in this article, oh, I didn't realize that maintenance was gonna be this much. There's three things you have to keep in mind if you they said it in this article, oh, I didn't realize that maintenance was gonna be this much. There's three things you have to keep in mind if you're gonna be at homeowner that you do not have to pay if you're renting. Maintenance is one of them. Taxes is the other big one and then insurance. All right, homeowner's insurance.
Starting point is 01:11:36 So people don't get into that. They think, oh, I'm gonna get this house. I can make the payment. It's all good. The interest rate is pretty reasonable. Sounds good. I'm gonna just buy the house. It seems great. And they forget about these big three factors, big three expenses that you're gonna have to come out of pocket for and you touch on this earlier Be weary of where you're getting your your advice
Starting point is 01:11:54 You touch on this earlier and when you hear a realtor or someone who's a developer say Why would you put your why would you rent your throwing all your money away? You're throwing all your money away renting Who's giving that advice? Like you said someone that wants to sell a house exactly and and you say Why would you rent? You're throwing all your money away. You're throwing all your money away, renting. Who's giving that advice? Like you said, someone that wants to sell a house. Exactly.
Starting point is 01:12:09 And you said, well, be patient, stay in the market, stay in the market. Why would you leave the market? Who's saying that? Somebody that ultimately probably works on Wall Street. So. Yeah, Julie Swanson right now just gave five bucks. And she said, I don't agree with the home prices.
Starting point is 01:12:23 Due to birth rates, we are easily going to see appreciation the next five years, right? So Julie, here's my response to you. I don't disagree that real estate is a bad investment today. Here's why, here's me. Let me tell you how I'm processing this. When inflation takes place, who wins? Whatever that can't be duplicated.
Starting point is 01:12:41 Let me say one more time. When inflation takes place, who wins? Whatever that can't be copied and duplicated. Let me say one more time. When inflation takes place, who wins, whatever that can't be copied and duplicated, what does that mean? You cannot copy more land. You cannot duplicate more land. Prime land is gonna be valuable for a very, very long. If you got premier, premier land,
Starting point is 01:12:59 located in a place where families are gonna wanna go and birth rates is going up, they're gonna want, like let's just say take the best private schools, okay? Take the best private school in Omaha, Nebraska. Take the best private schools in whatever, in LA, in Chicago, in Dallas, in Florida, in Miami. Take the best private schools, and then go to the best community
Starting point is 01:13:18 in that close to the private school. Maybe it's a gated community. Maybe it's a good area. That community forever is gonna do well as long as that private school does well because families with money who can afford to pay 15, 20, 30, 40,000 dollars for private school are willing to go live near that school.
Starting point is 01:13:35 So I do agree with her. The only challenge I have isn't the fact that long term rule of state is not gonna go up. The challenge I have is people who are buying stuff that they cannot afford. People who are living a lifestyle today, that's not really their lifestyle. Over-extending.
Starting point is 01:13:51 That is not a smart move to be made. And a lot of people are making a move right now. And it might be some of these millennials that now have the regrets right, about buying the house. You know, that's a shocker for a young person. There's no landlord to call when the plumbing goes down or the roof leaks
Starting point is 01:14:05 or something like that. And that's expensive. Have you had to have a plumber come over? That's hundreds and hundreds of dollars. It's unbelievable. The other thing that this story about the millennials points to me is, I have a little gratitude. I mean, they're always looking for the negative thing
Starting point is 01:14:18 about regrets in this and that. How about, you know, no one put a gun to your head to make you buy these houses. And I think it also speaks to the fact like a little bit what you mentioned Adam, they weren't looking for advice from people that maybe work owners of homes and what they should look out for.
Starting point is 01:14:30 Maybe a little arrogance creeps into it like they have all the answers and I'm just gonna buy a home now because I can afford a down payment but there are some hidden little misery items there that you gotta prepare yourself for. And one other thing is, you know, they talk about the American dream.
Starting point is 01:14:45 You talked about financial freedom a little bit ago. You used that terminology. The American dream back in the day, where it's ironic that baby boomers, a third of them have regrets, whereas two thirds of millennials have regrets. And ultimately, I think that's because the American dream has changed. American dream back in the day when, you know, our parents were really coming to age in the 80s and we were all basically being born, was to have a house in the suburbs, let's say, work in the same job for the next 40 years, get your gold watch, get your pension, retire, kind of have stability.
Starting point is 01:15:19 The American Dream has changed significantly these days. It's all about work from anywhere, financial freedom, travel, live your best life, and not necessarily being tied down. I think that I'm a huge proponent of is having high flexibility and low overhead. So look at my life in the last 12 months. I lived in Miami, I lived in Dallas, I lived in Boka, and we might be moving again in the next.
Starting point is 01:15:43 We are going to be. Okay, so the point is, if I was locked in, in well pad. I'd love to be a part of I Amin but I've got a house in Pembroke bonds true, but I want you to think about it You want to be married one day, no correct? You want to have kids one day. Yes Do you think the Uber lifestyle is gonna work if you're married? No, no, I'm actually not being funny I'm actually being very serious, but I will tell you one where it does work So yes, I agree at some point if. I'm actually being very serious. But I will tell you where it does work. So yes, I agree.
Starting point is 01:16:06 At some point, if you have kids, you're going to need a house, you're going to call an athlete. You work that. I agree. I'm looking at you. The guy was, you were vascular coming back after vascular, vascular, vascular, you're going to want to teach your kids how to play vascular. You won the best athletes that came out of high school here playing football.
Starting point is 01:16:20 You had all these records with vascular. You were an athletic guy. So, so if you want to drop these guys, so. So what I'm saying to you is I think, dude, approach you took to save your money, it is genius on what you did. And I think more people ought to take a play out of your playbook. But that is with the intentions of saving money because once you are married,
Starting point is 01:16:39 you get to choose what zip code you want to raise your kids in. You get to choose what private school you want to put your kids in. If you want to raise your kids with the religious beliefs that your family has, maybe you want to put your kids in, you get to choose what private school you want to put your kids in. If you want to raise your kids with the religious beliefs that your family has, maybe you want to raise them with a private school that a link to a Jewish community. If you want to do that great, if you want to put them in Pinecress, if you want to put, you could do that, you have those options.
Starting point is 01:16:58 But it's with the plans of eventually having choices. Forever, it's not sustainable to be like that. Single, maybe in New York, I don't think it's gonna be sustainable in the place where we're sure. I totally agree with you. I totally agree with you. I sacrificed in my all throughout my 30s to save money, not to have major expenses.
Starting point is 01:17:14 Keep it in sacrifice. Listen, it's not like you listen. You've had more fun than a hundred single men combined. So it's not like you ever had the fun. Let's not say sacrifice. It was a sacrificial lamb outside of the bar. You're like a little freaking, you know, oh my gosh. Thank you.
Starting point is 01:17:29 Thank you. When I say sacrifice, meaning I still have and bought a Rolex for 20 Gs. I still haven't bought a Lambo for 200 grand. Could I have yes, but I'd rather save that money and invest that money. So when I'm in my 40s, I'm not freaking out stressing over what kids I'm gonna go to.
Starting point is 01:17:44 You also don't even care. You have a certain fashion that you follow. Black, white, blue, jeans, certain shoes. And it's very basic. That's kind of how you do it. Well, I think this is something that are already in. You cut your own hair or somebody else's hair. I got my, I got this guy, Rapotoni. But I think that there, there is a, by the way, he looked great in Dallas. That hair is ridiculous. I don't know how old Rapotoni is. And his 50s, the guy is ridiculous. He's making, he looked great in Dallas. That hair's ridiculous. I don't know how old Rappetonie is. And his 50s, the guy that's the ridiculous guy. He's making, he's doing very well.
Starting point is 01:18:06 But something that I will say is that you get so caught up in materialism and consumerism. And the latest Gucci belt and the driving this car and the fashion, there's something just so awesome and just being comfortable with your own skin. I totally agree. Dude, I got a black shirt on. I got no jewelry.
Starting point is 01:18:24 Good for you. But I feel great. I'm not even saying for shirt on. I got no jewelry. Good for you. But I feel great. I'm not even saying for me, for our audience out there. It's not about the stuff, the materialism. Look, some people being comfortable on your own. I think for me, it's whatever drives you. Okay.
Starting point is 01:18:35 I think it's whatever drives you. You broke it up on your four different levels. Yeah. Whatever drives you. And that drives you. I love it. Whatever drives him. I love it.
Starting point is 01:18:43 Whatever drives Shana. I love it. Whatever drives me. I love it. It's whatever drives the individual, but I think there's more leaning towards having some of the money in the bank today because just assume bad times are usually coming every five to 10 years. It just every 10 years we have a recession that flat out. It's just the numbers run that way. About every 10 years, five to 10 years. Sometimes it's two to four years, but it's five to 10 years. We have a recession. And those who are prepared for it, guess what? They end up being called the geniuses and you can act as much as you want that you're making real money today It's not as but by the way, let me let me make a prediction to you. Let me make a prediction to you
Starting point is 01:19:15 Let's just say let's just say let's just say. Mm-hmm. Let's just say in an x24 months Dow goes to 25. Bitcoin goes to 8800. Unemployment goes to 8.8. It's kinda throwing numbers out there. Unemployment goes to 8.8. Taxes go to the roof. Biden actually does what he does.
Starting point is 01:19:37 Taxes go to the roof. Money supply is not looking pretty. China is blowing up, growing, doing incredible things, okay? All of these things that are taking place, those people that were sitting on millions of dollars, you think they're shopping the way they are? No.
Starting point is 01:19:53 The $300 that they're saying they're about to cut and how many different states, what was the number with $300? How many states are being cut? Nearly two million Americans will lose that $300 unemployment benefit this summer. That's a lot of people, two million people. So that's about to go away.
Starting point is 01:20:06 Yeah, but there's eight million jobs that are open. It just goes to show they don't want to work. You're right. You're right. What did Applebee's just announced? Kai, what was it? Applebee's that announced they're hiring 10,000 people. And they're having a heart-time finding.
Starting point is 01:20:20 By the way, Applebee's is paying bonuses just to a point. Yes, yes. To a point. Can, yes. To point. Can you imagine what's going on? They're begging people to get a job and they're not wanting to go ahead. Oh, we're going in two different directions here. Where were you going with all of the stats? What I'm going with this, when that happens, if that happens, okay?
Starting point is 01:20:37 Who then is the genius two years from now? The people sitting on the cash, not being in it with their money. Such as who? The people that listen to me and save that money. Such as who else? Give me big names, such as who? The people that listen to me and save that money. Such as who else? The people. Give me big names, such as who? As far as what?
Starting point is 01:20:49 Warren Buffett. Warren Buffett. Yeah. People gonna say this, flipping conservative. You know what? Value investor. This guy. By the way, it's not if, when this happens, what you just, I'm just, I'm just, I'm just
Starting point is 01:20:59 I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just I'm, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just serious that you just played out. I think it's very reasonable. Yeah. And then people are gonna say, well, you know Warren Buffett, you know, he maybe he really, maybe Munger, maybe this, maybe that. So look, I'm of the place that we,
Starting point is 01:21:10 the moment you no longer listen to the youngins, you have a blind spot. The the moment you also don't take counsel from the old experience, you also have blind spots. By the way, I think it's both though. I think too often we're coming from a place of well You know, I know what I'm talking about in all this. Do you realize?
Starting point is 01:21:28 You know I have shoes older than you does both should type of lines people say listen that's showing you got a blind spot Yeah, I got shoes older than you no It's it when I wanted to find out about social media works I said next to girl who was candy's daughter her name is VB. She was 14 years old She's now doing great in her life, shout out to the Candy family, Candy and Ellie. I'm sitting next to Ellie and Hawaii, not Ellie Phoebe next to me, I said Phoebe, tell me about what social media app you're using right now. She said, seriously, I said, what grade are you?
Starting point is 01:21:58 I'm in 10th grade, 9th grade, what social media app you're using right now? She says, everyone's using Snapchat, I said Snapchat, yeah. I said, not Facebook, just like 10 years ago. She says, no, everyone's using Snapchat. I said Snapchat. Yeah. I said not Facebook. Just like 10 years ago. She says no, everyone's using Snapchat. So can you show me Snapchat? How's it work? She shows me Snapchat.
Starting point is 01:22:10 Then I'm in Bakersfield. The girl named Shauna Blado in Marlene Colmenadas. They say, Pat, why are you not on Snapchat? So what do you mean Snapchat? This is eight, nine years ago. They're show me Snapchat. I listen to them and I'm like, oh, this guy's got these millions of subscribers, whatever.
Starting point is 01:22:23 I'm listening to the youngins on what's going on. But if these guys get to cocky with that, they lose. If the youngins don't take the council and say, dude, listen, I've seen 10 markets. I've seen 10 ups and downs. I'm telling you, maybe up to something with crypto, but I'm just telling you, you may want to take a little bit of experience on what I've seen happen over the last seven years. I think what you're saying is it works both ways. Yes. Everything is cyclical. Both have lying spots. When the old and experienced get to khaki, they get destroyed and replaced.
Starting point is 01:22:51 When the young and energetic get to khaki, they lose tens of years of their lives because they could have saved that 10 years by listening to somebody who made that mistake 40 years before they were born. So I think there's an element of learning from both. But I want to go to Las Vegas. Big news, Las Vegas just came out, talking about the fact that opening up nine Vegas casinos get green lit to open at 100% capacity. This is an associate press story, gambling giant MGM results,
Starting point is 01:23:17 international Wednesday joined a growing number of Las Vegas trip casinos, page six with state regulatory approval to open casinos floor at 100% capacity and no person to person distancing requirement. The company said the Nevada Gaming Control Board granted its waiver for nine properties based on its workforce vaccination. Approval applies to casino floors at Balagio, Aria, MGM Grand Mandalay Bay, Mirage, New York, New York, Luxor, Excalibur, and Park MGM three foot distancing and 80% occupancy restrictions remain at restaurant
Starting point is 01:23:46 swimming pools and other non gambling areas. Masks are still required. Cloud County lawmakers with jurisdiction over Las Vegas area businesses have approved plans to a 100% occupancy over 60% eligible county residents get a vaccine, a vaccine shot. As of Tuesday, the figure was at 47%. The other Las Vegas casinos open 100% including win Las Vegas encore cosmopolitan resorts known as the strat they showed gambling control board at 80% employees have received at least one shot of coronavirus vaccine. Good to hear Vegas being back.
Starting point is 01:24:13 It's great. Finally, Vegas is sitting around saying holy freaking moly how much more money are we going to lose to Texas and to Florida. They see Canelo's fight cowboy stadium. They see NBA all-star game. They see NBA playoffs of all game. They see NBA playoffs. Of all. They see Super Bowl, Florida.
Starting point is 01:24:27 They see all this stuff taking place. I'll listen. How much money you think cost Vegas by seeing what Florida and Texas did? What is the number? Hundreds of billions. Billions of dollars. The number one convention city in the world, potentially.
Starting point is 01:24:40 The number one convention city in the world is back open. I'm excited about this. Thank God. It's about time. And you know, it finally feels like common sense is kind of returning in this country. And you know, good for Vegas. I guarantee you they were chomping at the bit to open way, way sooner, but they were, their hands were tied and they couldn't.
Starting point is 01:24:56 You know, you got the Raiders with the highest price tickets in the NFL. They're going to be huge this year. Imagine they just opened up that new stadium in Vegas. They couldn't even plan it last year. It's going to be insane. What football weekends are going to be huge this year. Imagine they just opened up that new stadium in Vegas. They couldn't even play in it last year. It's going to be insane. What football weekends are going to be like in Vegas. You got the hockey team that just started the playoffs again. And you know what, these casinos should be wide open.
Starting point is 01:25:13 They should be. You know what, if you are overweight, if you have some cardiovascular issues, if you have circulatory issues, if you have some sort of health, don't go because maybe you're, you know, it's just like everything else in this world during the pandemic the last 14 months. But we were so caught up in protecting everybody and not having any common sense by saying, hey, you know what, if you have these issues, your life is in danger.
Starting point is 01:25:36 This is a serious threat for you, old people, et cetera. Take caution, quarantine, don't, but everybody else should have been out, you know, and the whole thing, but that's a whole nother story. But thank God, if Vegas is open, that sets the, that sets kind of like the, the bar for everybody else and it's okay to open up everywhere. So speaking from a consumer mindset, because I want to flip this over to you and get your perspective, but speaking from a consumer mindset, I mean, I'd go to Vegas once a year, maybe for a convention.
Starting point is 01:26:01 Not a Vegas guy. No, I mean, I live in South Beach. Why the hell do I need to go to Vegas? Just go point. Okay. Yeah, so you're not somebody that want to be. I would go, I would go for a convention. You're not a Vegas guy. No, I mean, I live in South Beach. Why the hell do I need to go to Vegas? You go point. Okay, like, so you're not somebody that want to be. I would go from Vegas, offer it to you. There's so much that South Beach doesn't. I mean, I think, I mean, you can gamble.
Starting point is 01:26:12 Number one, be, you can go to the temple. You can gamble, you can get, you can gamble in South Florida. You can go to the hard ground. And I don't think of Miami as the finest dining. I know there's good restaurants. I know there is, but you go to Vegas for the dining as well. The spa, I think you, you don't think. Again, I'd go to Vegas for the dining as well. The spa, I think you don't think. Again, I'd go to Vegas once a year.
Starting point is 01:26:27 I'd go on a business trip, I'd go on a bachelor party, I'd go for a little vacay, whatever, once a year, like that, that's a cool, from a consumer standpoint. All right, I miss my Vegas trip this year, no big deal. But you throw a freaking massive convention in Vegas from a business-on-er- business owner standpoint who puts on mega conferences. This has to be come to happen for you. This has to be ridiculous.
Starting point is 01:26:52 Oh yeah, I mean, we have Nikki Jamper for men. We have Mike Tyson will be there. We have Frederick the top illusionist and pretty much all of America. We have Mario Lopez. Mario Lopez will be the host of award ceremony. Now Mario, sorry. No, no, Mario Lopez. Similar Mario, but award ceremony I'm Mario Aguilar. Sorry. No, no, Mario Lopez similar Mario, but Mario Lopez just as looking just a talent. Patrick Lincione, a bunch of other guys that were also still working on but the point is when I went to MGM last the two
Starting point is 01:27:14 weeks ago, I don't know what it was two or three weeks ago. Like you physically went to Vegas. Oh yeah, I was at MGM Grant and I was talking to all the employees. Okay, and they're giving us the tour and all this stuff because we're kind of setting up on hey, how are you gonna fit 12, 13,000 people here? How are we gonna do this about in the arena where the UFC fights? We're doing a grand arena. Yeah, we're running. We're shutting down all of MGM grand is what we're doing to do in event in 20 half months You gotta come fly out. Yeah, you're it's a sick show the word ceremony You're gonna say it's one of the greatest shows you've ever seen and if it's anything like the events ceremony They just went on and Dallas. That's that's that's nothing that's crazy
Starting point is 01:27:42 and Zermone, they just went on and Dallas. That's nothing. That's what's crazy about me. I'm excited to see this. Anyways, so I went there and I go through my guys and I talk to my guys. And my guys, people that I've been doing stuff with, once you work with an AV team, you kind of like, buddies together, I saw my guy Lee,
Starting point is 01:27:57 punch me, gives me a kiss, I have a camera on me. You know, Adam Sanders guy, whether it's Marshall, all these guys, we've been doing so many things together, right? Nice guy. So anyways, I'm in the back in M.J. I'm like, so tell me, what it's Marshall, all these guys, we've been doing so many things together, right? So anyways, I'm in the back in him, Jim, and I'm like, so tell me, what's going on with work here, Pat? You don't even know what's going on.
Starting point is 01:28:10 Tell me what's going on. Dude, 90% of people don't have a job. What do we 90% of people? 90% of my guys don't have a job. How are they making it today? They're struggling. They're struggling. And all this stuff is not cutting it.
Starting point is 01:28:20 It's not enough. This is very scarce, so when you think it's gonna open, I hope soon, people need jobs. We need people coming in. You could tell how excited they were that we have still kept our contract that we're doing our event with them. It was a risk because we signed a contract
Starting point is 01:28:37 and we did the deal with COVID. So we announced we're doing an event pre-vegas being open. It was a risk. It was a big risk we took. A lot of our competitors saying, that's an irresponsible thing to do. Maybe you're right, but they know why.
Starting point is 01:28:48 Listen, he opened up UFC and he says, we're opening up, let everybody else follow suit. We didn't slow down with that. We're putting the convention. The biggest part about this that I'm excited is the fact that those workers who love putting events together, who get a kick out of putting a great show supporting all of that, they finally are back.
Starting point is 01:29:04 They have jobs. They can now sell tickets, sell concerts, sell rooms, sell out the place. Do all that other stuff that people do. I am very, this is very, very big for America to see Vegas being open. Yeah. Very big for America. And think about it. Just to be a good speaker. How much love did you get when you took 500 people down to Hawaii?
Starting point is 01:29:22 Oh, Hawaii treated us royally. Because they hadn't had any drugs in many years. They treated us so royally, man. And then you show up with 500 people down to Hawaii. Oh, Hawaii treated us royally because they had had any days. They treated us so royally. And then you show up with 500 people and it's like, oh, thank you for coming. By the way, you told that story. So we had a trip going to Bora Bora, right?
Starting point is 01:29:33 We have a trip going to Bora Bora that we have to cancel two weeks ago. And here's why Bora Bora, we have the bungalow set up everything. It's the most exclusive island that we had in Bora Bora, and we were shutting down all the bungalows. up everything. It's the most exclusive island that we had in Bora-Boron. We were shutting down all the bungalows. We took all of them, right? And it's not $500 a night.
Starting point is 01:29:50 It's expensive when you get these bungalows when you're shutting down an island. They call us and they say, you can come, but Bora-Borah state laws is the following. Everyone has to be vaccinated. Or they have to quarantine for two weeks. So we had a conference, but we ask our guys, our guys like, dude, we're not doing this.
Starting point is 01:30:06 So what am I gonna do? So now we're looking at other places, a bunch of places are close, Maldeves is open, Tokes and Kakers open, Jamaica's open, Aruba's open, Bahamas is a lot of different places are open,
Starting point is 01:30:16 but it's so interesting now that the criteria to take a incentive trip, company trip, you have to look at state laws on who doesn't require you to do. This whole thing with vaccine, yesterday asked the question on Twitter saying, how many of you guys, this is what I asked, I said, how many of you guys on Twitter are, let me pull this up to see the survey. And it's the most common question right now being asked.
Starting point is 01:30:38 I said, did you get the vaccine shot? I put, yes, as a poll, no thinking about about it not going to period right so yes 28% I got the vaccine shot 4,000 people pulled on this no 35% haven't gotten it yet thinking about it 11% not going to period 26% not going to period so you're seeing a lot of messaging right now with what's going on with hey you better get this you better get the shots So even traveling Vegas. It's gonna get a little tricky Delta's talking about they want to see potentially a vaccine car to fly
Starting point is 01:31:13 I think there's gonna be an uproar if they take that kind of a position, but you know, I talked to Subramanian Swami from India who sits on the cabinet is one of the most influential people on all of India. Professor at Harvard, he's good friends with Modi since the 70s. The guy is a beast of a guy. He's got millions on top of millions of views on YouTube. Probably in his late 70s, early 80s. And we talked about what's going on with India. Last seven day average on COVID cases, 400,000 a day.
Starting point is 01:31:41 Death, seven day average, 4,000 a day. So, I said, why do you think this happened? He says, you know what's crazy? We are the biggest producers of the COVID vaccine in our country. We have two different kind of vaccines. One of them killed nearly 200 people. I believe that's the number he gave
Starting point is 01:31:54 and the other one is doing better. He says, but we got too sloppy. We got a little too comfortable. And because we got a little too comfortable, that's what took place here with us in India. And now we're struggling to kind of slow this thing down because it's not slowing down. So there is that fear of what if something happens
Starting point is 01:32:08 like that in the States, but the reality of it is Florida and Texas has proven that there's ways to come back and still control it again. What did he mean, sloppy, getting too comfortable? They, he got a little too cocky. He's saying Modi got too cocky and he got up and he said in February, we are down to 11,000 cases a day in a country with 1.4 billion people living there.
Starting point is 01:32:28 Hey, let us teach the rest of the world how to do it. And then next thing, you know, boom, that took off. By the way, where are you going? So if not for a borough, would you pick? We had a conference call last night at midnight, 1230, and we're right now looking at a couple different places. I'm about to announce it on a conference call right after this. Yeah.
Starting point is 01:32:44 So I'll announce it next week. I just don't want to reveal it because people are watching. Hey, by the way, there's nothing more depressing for America than seeing the strip and Vegas dead and nobody there. Yeah. I mean, that sets the tone and that's just like just saying, man, we're screwed. So the fact that it's going to be crazy.
Starting point is 01:32:56 I mean, people are going to make up for lost time. Yeah. I'm excited about it. Look, if you're enjoying today's podcast, smash thumbs up and subscribe to the podcast. If you think you've already subscribed, this is a complete different channel. We only got 60,000 something subscribers.
Starting point is 01:33:08 We'd love to take this to a million subs. If you want to see this thing grow, give us a sub, give us a thumbs up. It helps us with the algorithms. Let's talk about Teachers Union. Teacher page 10. Teachers Union leader calls for fully reopening schools this fall. This is a political story. AFT president, Randy Wengart, and called for schools to reopen full-time in a person this fall. This is a political story. AFT president Randy Wengart called for schools
Starting point is 01:33:26 to reopen full-time in a person in this fall and set out multimillion dollar outreach campaign to coax coax pronounced that word for me. Coax. Coax, their family is back to campuses as president, Joe Biden administration passes for a quick resumption of regular classes. The chief of the 1.7 million member labor groups, said political pressure from Republican lawmakers didn't factor into her school, reopening call to the AFT on Thursday. Really, let me read out one more time. The chief of the 1.7 million member labor groups, said political pressure from Republican
Starting point is 01:33:59 lawmakers didn't factor into her school, reopening call to the AFT on Thursday. Nor she said that any new coronavirus with Biden administration her school reopening call to the AFT on Thursday. Nor she said that any new coronavirus would Biden administration about school reopening during the COVID-19 pandemic. She instead cited expanded eligibility for coronavirus vaccines, her own business to schools carrying out the federal safety guidance for reopening plus hundreds of billions of dollars and federal aid not being delivered to K through 12 schools.
Starting point is 01:34:23 Anyways, we're gonna see what's gonna happen. The good news is that there are finally people from teachers union realizing keeping kids at home, not only hurts marriages, nonstop. You're hurting people to get back to work because some parents can't afford to have a babysitter to be with the kid when they're going to school. There's a lot of different risks.
Starting point is 01:34:40 They're finally, I talked to a friend of mine yesterday. She called, we had a conversation together. And she lives in LA. She's got three kids, her and her husband. But husband's one of my top five best friends. I have good guy you met him before. So we're having a conversation together. And I said, she says, so how are things?
Starting point is 01:34:55 It's the kids have been going back to school the entire time. What are you talking about? Yeah, there was like slight little break in Texas, but they've been going back to school. You're serious, yeah. Said how are things over in California, Pat? You know what I'm saying? No one's going to school. They're home. Try it period. Like what are you talking? It's as if you're living in a different world.
Starting point is 01:35:13 They're finally getting so here's what's starting to happen with politics. Let me see tell you what's starting to happen with politics Democrats and Republicans. Okay, sometimes when you are a registered Democrat, you almost feel obligated to have to support everything that is on the ballot box of what, all Democrats. And sometimes when you're Republican, you kind of feel like obligated to say, okay, yes, yes, yes, yes, yes, yes, yes, yes, right, I have to agree with everything. I think what is starting to happen is people are starting to say,
Starting point is 01:35:41 dude, forget about being a Democrat or a Republican, this shit just doesn't make any sense. We got to open up the schools. What the hell are we doing here? What are we doing here? Staying loyal to say, dude, forget about being a Democrat or a Republican. This shit just doesn't make any sense. We got to open up the schools. What the hell are we doing here? What are we doing here? Staying loyal to a political party, let's open to damn schools and it's starting to happen, Tom. Well, I'm very, very emotional and fired up
Starting point is 01:35:55 about this topic because, here's one thing we learned over the past 14 years, is just how powerful teachers unions are. And it's extremely political and they held cities hostage and I'm still very, very annoyed at them. I don't think an industry has taken a hit more than the teachers industry, educators in general, over the past year, because here's what happens, because of these greedy, evil union leaders for the teachers associations, it paints all of them in that same
Starting point is 01:36:21 broad brush. I look at teachers completely different. And I say this with my daughter being a teacher, she graduated from Pepperdine, got a job in a public school, was doing fine. I don't want her joining the LA County Unified School District, teachers union. I don't want her to do it. And thank God, she got a great job at Cavalry Christian, which is one of the top private schools in all of LA, in the Palades. Oh, I know it's a crisis one. This is recent. Yes, phenomenal. That's great. No, it's good. We had a huge celebration for it
Starting point is 01:36:53 What she happy. Oh my god. She's extended plus she's starting the soccer program for him too So I'm she's still doing the diving or no, she's no this is my older daughter. Oh, pepper. Yeah, yeah, got it. Okay So I'm just grateful. She's not in the teachers union. And last week I had to go drop dash left his violin at home. I had to go drop it off at school. I couldn't even get in. They go for like two hours a day Four days a week. It's the crazy V Island. His violin. He's a Yeah, When that guy was on the cover of a GQ magazine you and I gonna say we knew when it was 11 years ago
Starting point is 01:37:22 We know when a stutter and a half so I couldn't even get in the school. I had a literally I standing right outside the door of the office. I had to call them on the phone and saying can I come in and drop off the violin. But that's just for the sake of California. I can't just say that's a California thing. That's everywhere. That's Texas and Florida. Even in here. I can't. No, I can't. If I go to school, they don't let me on campus when I'm taking a school. When I'm touring schools right now Florida, they don't let you tour the when I'm taking a school. When I'm touring schools right now in Florida, they don't let you tour the schools until applications been submitted until they're considering then they're allowed.
Starting point is 01:37:50 So I can't say that's California. That's everywhere. That makes sense. That is pretty much everywhere that's taking place. By the way, something very weird happened with UC schools and SATs. Did you see that? Yeah, they're dropping them, right?
Starting point is 01:38:01 I thought that's kind of weird. And I'm curious to know what you think about this. So University, California will no longer consider SAT and ACT scores This is a New York time story They will no longer take into account an admissions or scholarship decisions for its system for of ten of ten schools Which include some of the nation's most sought after campuses and accordance with a settlement and a loss of brought by students the settlement announced on Friday signals The end of a lengthy legal debate over whether the University of California system
Starting point is 01:38:28 should use standardized tests, which students of color and those of disabilities have said that puts them at a disadvantage. Some 225,000 undergrad students attend University of California schools. And a settlement this week makes the system the largest and best known American institution of higher education to distance itself
Starting point is 01:38:44 from the use of two major standardized tests and that's SATs and ACTs. Yeah, there's so much pressure on these kids right now. Getting into the right college is just unbelievable. So your Ford is you agree with this. You know what? Here's the thing. If you are going to test really high on these, it's a bad news because that's a golden ticket.
Starting point is 01:39:01 If you score what a 34 on your SATs, you're in anywhere you want to go basically. So I think it's unfortunate for the kids that can prepare for these specific tests, but it might be a 34 on SAT 30, 30, 30, 30, 30, 80, 80, not SAT. Right. I'm the one who say bad score. Yeah, you know, UCLA this past year, which is one of the top of it. That was a case I should be in Harvard. I think you get 500 bucks for this right in your name.
Starting point is 01:39:20 Go back and say what happened, Harvard. Go back to the University of Miami and start partying. So UCLA dropped them this past year because of COVID. And it completely changed the playing field. It just opened up so many people, more people, to have the opportunity to get in there. So I don't know. It's the way we've been doing it for so long.
Starting point is 01:39:37 And it's going to take a few years for this to shake out and just see what the effect is. What do you think about it? What do you think about it? So I guess my question is, what are they using to judge applicants, just your GPA and your resume? Well, that, and then what, yes, your resume.
Starting point is 01:39:49 What kind of programs you've been using? I don't know about that. Listen, I mean, I get it. I get the fact that there's a lot of pressure to do that, but do it. If you can't handle the pressure going into college, how the hell are you gonna handle the pressure of real life? What kind of pressure there's in real life?
Starting point is 01:40:01 Are you kidding me? Hey, you got a baby. You got the pressure having to put food on the table. That's real life pressure. If you want to get a job and there's no real life. Are you kidding me? Hey, you got a baby, you got the pressure we're having to put food on the table. That's real life pressure. If you want to get a job and there's a deadline to it, you can, this is too much pressure. Isn't college supposed to like prepare you for real life pressure?
Starting point is 01:40:15 What's more pressure being married with kids or going to college? Honestly. What is more pressure? Married with kids is way more pressure than going to college. So for me, I don't know if I like this. And I got three kids one on the way. So for me, I don't know if I like this. And I got three kids one on the way.
Starting point is 01:40:27 So for me, I kind of want to listen. You ain't got a good SAT, you ain't got a good ACT. Guess what? Maybe you're not good enough with that school. Maybe you got to go a different route. But now if we don't find out and you go to school, text me four years to realize we wasted money going into college, I don't think this is a race thing.
Starting point is 01:40:44 What race? What does this have to do with race? think this is a race thing. What race? What does this have to do with race? If this is a race thing, why are so many Asians killing it in school? If this is truly a race thing. If you go look at the grades in school with nationalities, go look at how Persians do in school.
Starting point is 01:40:58 Honestly, go look at how Persians do in school. Some of the best students, go look at how Asians do in school. They're not American, they're not white. This is not a race thing. This is the kind of stuff that's getting a little bit pathetic when they're talking about, hey, it's because of race, we have to drop ACT and SAT.
Starting point is 01:41:13 No, it's not because of race. It's because it's tough. And there's a lot of pressure to getting an SAT score. I got a real low SAT score, okay? Guess what I realized? It's probably not the route for me. I went into the military. That's not discrimination. I sucked. I didn't pay's probably not the route for me. I went into the military. That's not discrimination.
Starting point is 01:41:25 I sucked. I didn't pay attention in school. I was lazy. Am I going to say it's the school system's fault? No, it's my fault. I didn't, I didn't stay disple, I lifted weights instead. I went and hung out instead.
Starting point is 01:41:35 I went and sold hats instead. I sold beanies instead. I sold baseball cards instead. I went in the military. Two and a half years later, I got it, and I wanted to sales the rest of the history. So for me, it's like the whole thing would bootcamp, right? Bootcamp is too much pressure.
Starting point is 01:41:48 It's supposed to be. It's supposed to be a little bit tough. You're supposed to have a little bit of a hurdle to go to the next level of a school. If that's not the case, then what becomes special about going into the UCLA system? Moral graduated from UCLA. Okay. She graduated from UCLA. I think her GPA was like 4.5, 4.6. Once you went into UCLA, you know, to me, when I see Moral, you know, okay? She graduated from UCLA. I think her GPA was like 4.5 4.6 when she went into UCLA
Starting point is 01:42:07 You know to me when I see Moral you know what I think about I'm like salute When she was she got her a bachelor's degree then she went and got her MBA Guess what that's because you paid a price when you were going in high school others were partying You were paying attention in class. You get a salute to get an into UCLA. Now you're telling me a girl who busted or tell to get into UCLA, maybe got a scholarship for grades that she had. Parents didn't have to fork up, you know, a quarter of a million dollars.
Starting point is 01:42:33 Now we have to make her the same as another person that didn't get good grades, didn't fight for the SAT, didn't fight for ACT's. They're at the same level. I don't see them being at the same level. Yeah, what's wrong with being competitive for these kids? I don't see a challenge, brother. I think we need that. I think we have to depanse the fire. The next generation and we're producing too many pansies.
Starting point is 01:42:51 If we go like this, 225,000 undergrads biggest. So this to me is absolute pathetic. I'm sure you disagree. Let me just give you a different perspective. I think I think you are right that they shouldn't just do away with this, but at the same time, the ACT is not an indicator that you're going to be successful. I know a lot of people that crush their SATs. No, no, no, it's different perspective. That crush their SATs, they got a 1,400 or they got a 32, whatever the numbers are, and they can't interact with other human beings
Starting point is 01:43:26 and they can't sell stuff and they don't have a business acumen or they don't have to get along. They can't network. There's different strokes or different folks is ultimately the point, but I don't think it's fair to unidentify very brilliant in people that would get a $1,600,
Starting point is 01:43:40 $1,600 on the SA team. So we're seeing the same thing. We're not saying anything. And ultimately it comes down to having an overall resume that's impressive. There's got to be a standardized guidelines. You make it, you make it, you don't, you don't. It's all good.
Starting point is 01:43:52 Go to a different place. It's all great without something that's a little bit black and white in the test scores. So seriously, you'll never know what they're using as criteria to let people in. And if you get rejected it, they'll never give you an answer. Yeah, it's like saying,
Starting point is 01:44:04 well, you know, moving forward military shouldn't look at weight to get into the military. They shouldn't look at being a flat footed. They shouldn't look at, you're not having a 2020 vision. They shouldn't look at any of that stuff. No, you should. You should. That's part of going into the military.
Starting point is 01:44:17 No, no, but you're discriminating against heavy people. You should. There are some things like when the, when in sports team when Antoine Walker didn't get his bonus because he put on 80 pounds and the Celtics discriminated against him for his weight. You're supposed to do that. What am I supposed to do? How are you going to run in the last and play 35 minutes and I'm paying you 15 million year, 12 million year?
Starting point is 01:44:39 I'm met Antoine Walker. Nice guy. We sat down had a cigar to get a phenomenal conversation. He now represents Morgan Stanley and is trying to help a lot of athletes not lose a lot of his money. I think he made $130 million in his career. Doesn't have a penny of it. Doesn't have any. It doesn't have any of it. So, so I think there are some areas. I, I am not qualified to do a lot of things and they should discriminate against me. I am not qualified to do a lot of jobs, and I'm glad they did that against me. Not discriminate against my ethnicity
Starting point is 01:45:07 because I'm Iranian or because I'm a Syrian or Armenian or because I'm not born in the States and any of that stuff. There are some jobs that I simply don't qualify for, and that's totally fine. And these guys are dropping their standards long term. I've never been a fan of low standards, but that's the direction they're going. Okay, let's go to the next story. I think we kind of have to cover Israel Palestine
Starting point is 01:45:30 because we got a lot of different comments. And we have to address this because it's been going even more. And look, here's a reality of it. No matter what position you take with this, we've gotten so much, I can't believe you said this. I can't believe this is what you support it. Look, we're talking about it again.
Starting point is 01:45:48 A lot of people avoid topics like this, we're talking about it. If you don't like us talking about it, just don't watch this part. It's totally fine with us, but we're talking about it, we're sharing with you our opinions, you're probably not gonna like
Starting point is 01:45:59 with anything someone says here. You may not like him, me or Adam, but we're comfortable with it. Israel, Palestinian conflict, Marx marks as deadliest day as terror Scenes of terror unfolding Gaza. This is a CNN story Israel bombed the House of Hamas Gaza leader and obliterated obliterated a family's home in the deadliest day of the week long conflicts So far according to the data from Palestinian help ministering Gaza in Israel authority.
Starting point is 01:46:25 It is really defense. IDF said it had bombed the house of Yaha Sinwar Hamas's leader since 2017 on early Sunday morning. IDF spokesperson Brigadier General, he dies, Zilberman told local media that Sinwar had been unhurt in the air strike. Two Israeli strikes in Gaza killed at least 43 Palestinians, including eight children and 50 others, most of whom were women and children on Sunday.
Starting point is 01:46:47 Told Gaza, the total climb to 197, including 58 children and 34 women. Since the beginning of the Israeli Air Straks on Gaza this week, at least 1,235 Palestinians have been injured. With the number expected to rise, the health ministry set as paramedics continue to carry out search operations.
Starting point is 01:47:04 10 Israeli have been killed by rockets fired from Gaza according to the IDF. I can go on giving you more numbers about what happened in 2014. Gaza wore with some more than 2200. Gaza's killed during the fighting approximately half of them civilians, including more than 550 children according to the United Nations report. Look, when you anytime you read these articles and you see children, breaks your heart. Anytime. When I was in Iran and we saw the war happening and you hear stories that such and such friend of yours that you had is no longer with you because a
Starting point is 01:47:33 bomb was drawn by Iraq on their home. I mean, what are you talking about? It's ridiculous when you're in it. Of course, it's heart-wrenching, but this is taking place. But why is it really going on and why is it not stopping? I think that's the question I would want to address today. I got a couple answers for that. And I think from the research I've done is the right now that you've got two leaders that have given up on the idea of lasting peace.
Starting point is 01:47:56 So you've got Natanyahu and you've got the leader of Hamas or Palestine, that the only thing they can go for now is total victory because they given up on the idea that there can be peace, so that's why it's going on. And you know what, you have to just look at it this way. I don't trust Hamas when they're talking about some of the numbers and everything like this because their history is they put civilians where the bombs are, where the missiles are, where the things that Israel is attacking, they load it up with civilians and children. They don't care.
Starting point is 01:48:25 And the other thing too, is Israel is warning them. Oftentimes when the bombs are coming to high target areas, they're giving them the opportunity to clear out a little bit. So that's part of the reason there's so many children that are dying, so many civilians that are dying is because that's part of their strategy to put civilians there where they know the air strikes are coming.
Starting point is 01:48:46 So it's unfortunate, it's the worst fighting since 2014. There's more air strikes this morning that have been coming in, you know, so the thing has not leveled off at all and it's dangerous. And I think the United States has to play a pretty key role in where this, you know, eventually goes in how it can simmer down. So I, this past weekend, I went to my friend's house, my friend, or he lives here in Del Rey. Or in?
Starting point is 01:49:09 Or. Or. Or. Got it. Like, gold. And his parents were in town from Israel. They lived just outside of Tel Aviv. And I haven't seen his parents since, ironically, 2014,
Starting point is 01:49:21 when I was in Israel for Or's wedding. So, I'm talking to the parents. I was with my mom, we were all catching up. There was a family barbecue, she was his daughter's fourth birthday, we had a nice time, and the father's name is Eric. I said, dude, what is going on here? Like, let me hear it from your perspective.
Starting point is 01:49:36 You got out, how did you even get out? Like, meaning he goes, we flew out the day the fighting started, ironically enough. So he's been out, been watching all this, and I said, break this down for me of what's going on. And here's a couple of things that we discussed. So number one, I think it's important to understand, this is not a religious war.
Starting point is 01:49:53 This isn't like, you're Jewish, I'll kill you. You're Arab, you're Muslim, I'll kill you. This is a pure land situation. And people say, well, this fighting goes back thousands and thousands of years, it's actually not true? It actually just goes back a couple hundred years because this has happened with the Ottoman Empire in the Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight-Eight- House side of the area. House of the Muslim Christian, Muslim Jewish. So ultimately what happened was in 1947, Israel became a state of 1948. They gave them their land and there was a full on war. And Israel, luckily for them, they won the war in 1948, they won the six day war in 1967, they won the other war.
Starting point is 01:50:39 What happens in war? You fucking take, you won the war. You take the land. And essentially what has happened is every so often, there's been deals that they've tried to cut. And Israel has given, I actually saw this on Prager University, pretty trusted source, I would say, they did a expose on this,
Starting point is 01:50:57 they said Israel has tried to make peace and compromise. And they've given them 95% of the land. And every time without fail, the PLO, whether under Yasser Erifat or the Hamas, has rejected the deal. So ultimately, there's a couple different angles here. In Israel, there's definitely two factions. There's the BB Netanyahu, who's basically fighting for his political life and is an instigator of sorts. And then there's more the liberal side of Israel that they would like to coexist. But then there's parts of Hamas or Palestine
Starting point is 01:51:32 where they genuinely just wanna have a nice life to raise their kids and live in peace. And they have a major bone to pick with Israel that they're not allowing them to live their best life. And then there's the people who are, all they see is red. And Israel doesn't have a right to exist. And it's something called the three nose. No, they don't have a right to exist.
Starting point is 01:51:53 No, they don't have a right to the land. No, they don't have the right to live in peace. And if it's not lost, it's not. Yes, exactly. With that mentality, how are you supposed to coexist with someone that doesn't have, believe in your right to exist, doesn't believe that it's your land? Israel's not going anywhere. They want every single war. They've given up land. They've given up the Gollan Heights. They've given up the Sinai Peninsula. They've given up land on the Jordan side of the river. There's no agreement that some Palestinians will ever agree to unless Israel leaves the land. And what's they're not going to do? So thank God that at least Israel has this iron dome situation
Starting point is 01:52:31 going on. Because can you imagine if someone's firing 5,000 rockets and they all hit civilians? So because they have this amazing technology and they're basically shooting down 90, 95% of missiles, which means dozens of missiles still land on innocent people. Could you imagine what would be happening in Israel if those missiles actually did land? Well, they would have ended the war a lot quicker, probably. But I will say one thing, and it sounds like I'm defending Israel, and obviously I'm a little biased here being Jewish and I have family in Israel.
Starting point is 01:53:00 I will say that on one of the holiest days of Ramadan, there's the D one of the holiest days of Ramadan There's the there's the Doma the rock BB Netna who set troops in and dismantled Muslims praying near the Doma the rock in East Jerusalem On Ramadan one of the holy like so even him my my friends dad who is like On Ramadan, one of the holy, like, so even him, my friend's dad, who was like, this is unacceptable.
Starting point is 01:53:27 This is ridiculous. You can't do this. This is the holiest day of year for the Muslims. This is bullshit. So you're talking about an Israeli who is basically saying, BB Netanyahu, what the hell are you thinking? So it's such a gray area. There's no black and white here.
Starting point is 01:53:42 But the last thing that I'll say is this, and I'll turn it over to you, P.B.D. He did say the one difference between Israelis and a certain portion of Hamas, Palestinians, what you call it, is the respect for life. There's no Israeli suicide bombers. There are a lot of people in that world that basically believe in giving up their life and don't have a respect for life and are willing to blow themselves up. And what type of person is willing to do that? Ask yourself that question. Who's willing to just blow themselves up for a cause?
Starting point is 01:54:15 And it's not religious. It's socio-economic, it's land, it's political, and that was his biggest takeaway, even though he was defending. By the way, very good commentary at him. That was very helpful. And the way you did it, I appreciate that, the way you explained both sides. I will say, I'll take a complete different angle on this. Here's my angle on this. Just on August 31st, August 30th, a guy you guys may know, his name is Jared Kushner, took
Starting point is 01:54:38 a flight from Israel to UAE. Cross in Palestinian, you know, and Trump had folks from Palestine and, you know, Netanyahu, they're renegotiating, working together, what happened? That was just eight months ago, nine months ago, August 31st, and everybody's like, this is ridiculous, 25 years can't believe Trump, this temperamental guy was able to unify everybody. By the way, again, that's August 31st of 2020. Fast forward what we are today. The two going back and forth, obviously, there's deep rooted issues.
Starting point is 01:55:10 You just kind of told the history of where it's at and what Netanyahu did and what others did. Here's my biggest concern. So Biden calls Netanyahu and Biden calls the leader of Palestine, Hamas. He has the conversation with them, right? Phone call with them. When a phone call is being made by the most important man in the world who is the president
Starting point is 01:55:31 of the United States and they blow you off, guess what that means? You have no influence. You're a nobody who blew up. Biden calls Netanyahu and Palestine saying, stop it. Stop doing what you're doing. Neither one of them listen to him. What does that tell you? There is no influence. What do you think the phone call sound like? I think it's, I understand what you guys are going through.
Starting point is 01:55:54 I think it's good you guys need to stop it. This is not good. People are dying, children are dying. They're like, okay, bye. What are you talking about? Fast forward, think about the phone call of the guy that was the most hated man in the world just about a year ago. Let's say if that was happening today, Trump made the phone call. What is Trump gonna say? I just want to let you know, if I hear one more
Starting point is 01:56:11 rocket going, I swear to God, you're going to get 25% sanctioned, put on you for six months. Do it, I dare you. Go ahead. Go ahead and do it, I dare you. Okay, okay, okay, Mr. President, we don't want to go to that situation. I'm not saying this to you, we're just saying, no, no, do it again. Go ahead and do it again. That is the kind of stuff in moments like this, where you realize and you miss a guy
Starting point is 01:56:36 who actually had a backbone and people fear them, who actually had the negotiation ability to challenge it. God knows there was a lot of other things that he was doing that was pissing a lot of people off and creating a lot of unnecessary what's the word I'm looking for, tension that was not needed, right? But fast, if Trump made that phone call today,
Starting point is 01:56:54 how would it have happened? Here's the other question I got for you. Here's the other question I got for you. How instrumental was Jared Kushner in this entire deal? How? Very much so. By the way, Kushner is not a Republican. People think he's a Republican. He's not a Republican. He's an independent at best is what Kushner in this entire deal. How? Very much so. By the way, Kushner is not a Republican.
Starting point is 01:57:05 People think he's a Republican. He's not a Republican. He's an independent at best. He's what Kushner is. He's probably a Democrat. His brother and his wife are certainly a Democrat. What I'm saying is he's not a Republican. He is not a Republican.
Starting point is 01:57:15 He's just following Trump. He's a guy that gets things done. That's Kushner. Goes from real estate to all of a sudden negotiating a deal between Israel and Palestine. What are you? Like, you think it's just a real estate transaction? The guy and he doesn't even want the recognition, right? So here's my question for you.
Starting point is 01:57:32 Follow up to what you just said. Hey, Mr. Biden, President Biden. This matters to you a lot. Phenomenal. Thank you for being such a man that cares about what's going on in Palestine and Israel. If it matters so much to you, have you made the phone call to a guy named Donald and a man named Jared who actually were able
Starting point is 01:57:48 to negotiate a piece? Have you, if you care about all these people that are getting killed and are being bombed, have you made that phone call to say, hey, Donald, what should we do here? Hey, Jared, what did you do here? This is not about ego here. This is if people's lives really matter,
Starting point is 01:58:01 guess who you call, you call your ex, you call the husband of your wife that you were with, even though you can't stand this guy, say, listen, my kids are living with your kids. We got a prom going on. Listen, you and I don't like each other. I fully get it. But in this situation, we both like our kids.
Starting point is 01:58:14 Yes or no, perfect. What do we need to do in this situation here? Because when your kids got cast smoking, when my kids thinking about doing the same thing is what, they were only 13, 14 years old. You and I need to have a sit down together. This is when you realize who's a true diplomat. This is when you realize who's a true diplomat, this is when you realize who's a true negotiator,
Starting point is 01:58:29 this is when you realize who's a real ambassador, this is when you realize who's a true statement that cares about the lives of people. And if you truly do, it's not a phone call to Netanyahu and it's not a phone call to them. It's a phone call to kind of Donald Trump. It's a phone call to a guy named Jared Kushner, an FYI, I want you to visualize this.
Starting point is 01:58:46 Who wins in this situation? Let me paint a picture and I gotta go because Caroline's here telling me I gotta go. I wanna paint a picture to you. Next week, today's what? Today's Thursday, what is today? Tuesday. Today's Tuesday.
Starting point is 01:58:57 This week, you see on Friday or Thursday, Biden on stage with Kushner and Trump and Kamala. Hear me out on stage. They get up and they say, follow-on statement. Folks, we made this agree on God knows how many different things. But if there's one thing we agree on, is we don't like to see the violence that's taking place in Israel and Palestine right now.
Starting point is 01:59:21 President Trump and President Biden and I were on the same page to have to stop this. If you're watching this right now, Net Trump and President Biden and I were on the same page to have to stop this. If you're watching this right now, Netanyahu and Palestine, this needs to stop or else, that, that, that, that. We're asking for the support because this matters that much. If that took place this week, who wins? You're smiling because you actually see it. If that took place this week, the world would win. The world wins, but on a serious note, who actually wins? Biden would. Biden wins. Not Trump.
Starting point is 01:59:47 Yes. If Biden makes that call, Biden wins, and the world's going to say, he would look like a true diplomat. But do you think it will happen? No, that's why I'm telling you. That's the problem. So all of this stuff that's going on in Israel and Palestine, all of this stuff that's going on in Israel and Palestine could be solved if the leaders truly cared about this,
Starting point is 02:00:05 make the damn phone call to the guys that were able to broker this deal. Cause they get the credit for this thing. Let me say one thing just to wrap this up and then we gotta go. So I asked my friends dad about his take. And I said, give me the perspective on Trump in Israel. He goes, oh no, make no doubt.
Starting point is 02:00:21 Trump was very good for Israel, very good. But he was bad for the rest of the world. This is what he's saying. And he goes, but I'll tell you one more thing. The Arabs, they only respond to strength. They only respond to strength. They fear Trump. They do not fear Biden, of course.
Starting point is 02:00:37 So this goes back to an initial, another point that you made. If you're on the Democrat, you just kind of check all the Democrat box. If you're a Republican, you check all the Republican boxes, there's something amazing just being independent and a free thinker and saying, you know what, Trump actually did a good job on Israel. So I do, I would applaud. You can't, like, this is exactly what we need today. Yeah. Hey, bottom line for me. Hey, let's have this podcast solve world peace. We can
Starting point is 02:00:59 do it. All right. That was by the way, if somebody's watching this, we're going to put, Kyle, we're going to cut the last part off for short clip for Palestine. If you agree with this, okay, if you agree with this, I want you to share this on Twitter, maybe create a short clip that's two minutes and 20 seconds, I want you to, if I post it on Twitter, I want you to retweet it, send it to anybody and everybody, believe it or not,
Starting point is 02:01:20 people at the White House are paying close attention. I guarantee you, someone's gonna see this and say, what do you think about this? If it really matters, let's do something about it. Anyways, we gotta go, how to really good, today's cross-task is one of my favorite ones. We've done a long time. Had a really good time about this, a lot of good topics. Energy was high gang. If you enjoyed it, press the subscribe button and we will do this again.
Starting point is 02:01:39 Thursday, I believe with Tom Mills' work. Take care, everybody. Bye-bye, bye-bye. with Tom Millsworth. Take care everybody. Bye bye. Bye bye. Bye bye.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.