PBD Podcast - The Pilot | PBD Podcast | EP 1

Episode Date: August 5, 2020

Patrick Bet-David talks with Joshua Feuerstein and Adam Sosnick about Microsoft possibly buying TikTok, Hertz having to sell 200,000 cars and the car rental business, Stimulus round 2, the rock buying XFL for $15 million dollars, the NBA, Virigin Galactic making a new super plane, Space X and Elon Musk and COVID-19. Text: PODCAST to 310.340.1132 to get added to the distribution list The BetDavid Podcast is a podcast that discusses, current events, trending topics and politics as they relate to life and business. Stay tuned for new episodes and guest appearances. Connect with Patrick on social media: Instagram: https://www.instagram.com/patrickbetdavid/?hl=en Twitter: http://www.twitter.com/patrickbetdavid Facebook: https://www.facebook.com/PatrickBetDavid.Valuetainment Follow the guests in this episode: Joshua Feuerstein https://bit.ly/39WWyQw Adam Sosnick https://bit.ly/2PqllTj   Share your thoughts with Patrick Bet-David about this first episode on Twitter http://www.twitter.com/patrickbetdavid To reach the Valuetainment team you can email: [e-mail]  About the host: Patrick is a successful startup entrepreneur, CEO of PHP Agency, Inc., emerging author and Creator of Valuetainment on Youtube. As a natural critical thinker, Patrick takes complex leadership, management and entrepreneurial ideas and converts them into simple life lessons for today and tomorrow’s entrepreneurs. Patrick is passionate about shaping the next generation of leaders by teaching thought provoking perspectives on entrepreneurship and disrupting the traditional approach to a career. --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

We are live, we are back. So we thought about it for four weeks and we said, we ought to do this and we're bringing it back with the podcast. I think the last time we did episode number eight was July 8th. So it's been a good four weeks since the next podcast. But it's good to be back.

I'm your host, Patrick, bet David with my two friends here, Josh Fearsstein and Adam Sausnik. Gentlemen, how do you feel about being back with the podcast? It feels good, man. We had so many people on Instagram and in our DMs, sliding into our DMs, saying, dude, win.

Like, if they couldn't get a hold of Pat, they were trying to get a hold of us. Like, wins the podcast coming back. Adam, how's it going to be back, baby? It feels good to be back. Sitting with my friend Joshua over here, some friendly debate Sitting across from the man PBD aka Mickey Mantle today

Mickey Mantle today. Yes Mickey Mantle I spoke to a guy the other day who wanted to buy my Wayne Gretzky card and he said Will you do it for $700,000 and it was the OPG rookie card PSA 10 I said I don't know if I'll do 700,000 dollars. I said, but I have interest in the Mickey Manor 1952 PS810 tops. And he says, you know, an offer was turned down of $12 million. I said, what is it if you want to buy a card to it? What is it? How much is it going to work? He says, you have to make an offer between 15 to 20 million dollars to get one of the three Mickey Manor PSA 10 52 tops. Think about that. That's the holy grail of cards. So I said, you know what I'm

just going to wear Mickey Jersey today. Pat, how do you store a card like that? So just to give our listeners a little bit of context, Pat is an avid card collector of all things that are, well, valuable. So I know that you obviously have one of the what to one of the two yes. Okay, one of the two rookie cards for Gwyn Gretzky that's PSA 10 right? Okay, I don't know what you say Sam. I'm able to see the screen too well. Oh, you ever see the screen through the camera? Okay, I'm gonna put how about that? This is good. Uh, can I, I'm gonna turn this a little bit like this so we can see the comments there

because I wanna see what- Great appearance by Sam, kind of a hockster. Okay, so how do you store a car like that? Yeah, yeah. Okay, let me get this show up here. So, you know, there's many ways of storing a car like that. You either put it at the bank and you have somebody at the bank that stores it,

but sometimes people wanna keep these cards in display them. They almost create a museum type of security with a safe where you get a chance to come and see it But most of these guys when they own a car like this, they don't keep it at the house It's gonna be at the bank or somewhere very very safe But especially one of these three cards But let me get into the topics that we have today by the way first of all it's good to be back with you guys And we got 135 watching today. Keep this in mind that we're doing it on this channel So one of the things we're gonna need your help with is to share this, to text it out,

to put the thumbs up, the more thumbs up, the more shares, any of these we get, the podcast gets picked up and we're able to continue this with the audience getting bigger and bigger. We got a lot of topics to talk about today. First of all, we have a strong debate on whether the rock and Danny Garcia made the right decision, buying the XFL for $15 million. strong debate on whether the rock and Danny Garcia made the right decision buying the XF off or $15 million and Adams got a whole argument why even if the rock goes full time drops everything acting movies anything he does there's

no way in the world this is going to work out I want to hear his argument we're going to talk about the number one quality of an executive you know a lot of times people talk about what is the number one quality of an executive. You know, a lot of times people talk about what is the number one quality of an executive. You know, a lot of times I say hard work. I that works on himself. Good with people, relationships, but the number came out, a data came out on what is the number one quality companies when they hire executives. They look for, we'll talk about that. We'll talk about possibly a Netflix series that Josh is furious about. The big push. Maybe we're going to talk about that.

Mario was a fan of it. Mario Big Mouth. The Big Mouth? The Big Mouth, I think. The Big Mouth. That's the number one quality of a big, big, big, big, big, big, big, big push. That's the number one quality of a big, big, big, big push. You're going to be exactly.

We'll talk about space, TikTok, Microsoft, only have until September 15th. And a few other things that's taking place. Obviously, more fouchy stuff, and then you got the Hertz rental car. How about we start off with Hertz? I think I like the story here. So Hertz rental car is in such a bad position, right? Which I feel bad for these guys.

Every time I go rent cars, I can't believe how cheap it is right now when I'm traveling. Hertz is putting 200,000 cars for sale, a major sale on their website. They own 200,000 cars. Nobody's running them. They're not putting them to use. They're putting it on sale.

What do you think about Hurts going through this 200,000 cars they'll sell? 200,000 cars they're selling. Is it a move to tell the investors, look, we just don't feel good about the future? Or is it just something to say, let's sell it right now, you're your later let's go back buy more cars what do you think's happening with her? less cars less need for cars more ubers more lifts more ride sharing two do you think 200 000 cars is a lot of cars in terms of the used car market like is that a big number is it a small number what do you think what do you guys thought is that Is that small? It's small when it comes to the used car market. But that was my question. It's about 40% of Hertz current inventory. That's a lot. The used car

market is 40 million used cars. Yeah, but you have to look at each year. But that's that's kind of like you saying, you know, there is currently 200 million homes for sale in America, 100 million homes for sale in America, whatever the number is. I'm not talking about how many homes, but say Josh is a big real estate investor. He's worth a couple billion dollars. And he's got 40% of all his homes and commercial property for sale.

There is a message there. If you're a billionaire, you're selling 40% of your, you own 100% of Tesla, you're selling 40% of your, you own 100% of Tesla, you're selling 40% of it. There's a message that's being made. So it hurts to selling 40% of their cars. That's 200,000 cars. Is it something where they're making a message to say, long term, I just don't think this

model works, or is it just a setback and they're going to come back stronger? So look, I don't think it's so much about Uber, ride, share and stuff. Look at where, where do you always rent a car? You always rent a car when you go and fly into the airport. When I flew in here, what was it like 10 or 12 weeks ago when Pat and I had one of our first meetings? I fly into the airport. The airport's absolutely empty.

I rent from Hertz. And when I get down to Hertz, they say, hey, now one, I got like the executive executive, like I think I got the Infinity Q80 for like 65 bucks a day, and then they offer me and say, hey, for a $20 upgrade, you can take one of our dream cars, which is like their 800 horsepower hellcat that's yellow and

black and stuff like that. I mean, if that that alone should tell you like the place was dead empty. So airports, airlines are all going to take a hit, which means Hertz is going to take a hit, which means they're either going to have to reinvent themselves somehow or they're going to have to cut a whole lot of fat. Well, what I'm what I'm trying to get to is the following. Here's what I'm trying to get into. OK. So Hertz and a price, any of these companies that rent cars, is that business model done?

Because you have to ask the question. I mean, he's bringing up Uber and Lyft. So is the business model done of having to rent out cars where I'm talking to Daniel DeMartino-Buth? And I said, so tell me about the travel industries. What's gonna happen to the travel industry, right? You tell me American Airlines, all these other guys, which by the American Airlines is on the break of a bankruptcy,

right now, not just the kind of bankruptcy where they go bankrupt, United comes and buys them out, bankruptcy, we're gone. We're not in existence, nobody buys us out. She said there are some industries that's going to take generations to recover. Generation to recover, right? Travel being one of them. Do you think rental car industry is done down for a generation, or know it's just a one-year hiccup

they come back? I think things are completely changing, completely, in every industry, right? I mean, every single industry is changing. So let's just take the taxi cab industry for, as an example, just as an analogy. The writing was on the wall for years and years and years. Hey, people aren't really happy with the taxi industry.

People aren't exactly, you know, you call, you get some random person on the phone. Yeah, they'll be there in 10 to 15 minutes. They didn't adapt. Then what happens is a revolutionary company like Uber or tech, a major distraught, or a lift comes in, major distrafter comes in that that tech, Uber and tax industry now debt nail in the coffin. So the writing's been on the wall for rental cars for some time now.

All right, we got to change, we got to adapt. If they don't do something, if they can't, here's my ultimate point, you can't continue to operate like you normally have. If you're not adjusting, if you're not adapting, if you're not seeing the writing on the wall here, we'll be writing the obituary for Hertz and No Time. Have you ever used an app like Turo? Okay. So Turo is an app where you can go, they should be one of our sponsors since we're shouting them out. But Turo is an app that you can go, they should be one of our sponsors since we're shouting them out. But, Turro is an app that you can go. It's basically like an Uber for rental cars and you just rent people's car that's, you know, in that city. So you can get a, like, I've used Turro. You can get a Maserati for like a hundred bucks a day. That's way less than you're going to get it, you know.

But again, that goes back to the point. That goes back to the, that's dead. So that's the point. You guys got to realize this, look, do you remember back in the days, when I say back to the point. Well, that goes back to the, that's dead. So that's the point. Yeah. You guys got to realize this, look, do you remember back in a days, when I say back in a days, I'm talking about 20 years ago, 15 years ago, when we bought newspapers for a living, you didn't have things like this. On the desk right now, there'd be a Wall Street Journal and LA Times, a New York Times, you would be reading the paper. I'm reading the sports section, right?

Of course. And then they said, Prince's going to be gone. We used to do business with this one. We still do business with them. Great company out of Gondor, California, the owner's and Armenian guy, for over. That's a phenomenal job. Shout out to this guy.

We met with him multiple times, like how they would do business. During that time, we were looking at all these different business models. And they said magazines in a whole different direction, Prince in a whole different direction. prints in a whole different direction. Newspapers going to hold different direction, all of these things. Could this speed a next newspaper?

Could rental car cars? This is a speed a next newspaper. I think there's always going to be a need to, yo, I don't have a car, I need a rent a car. Yeah, but that's Uber and Lyft, though. That's the part, right? No, Uber and Lyft is if you need something for the day. If you need a car for the weekend,

there's always gonna be a market for you. What do you think, Kai? You think it's, there's gonna be a need for Hertz and Enterprise, or you think that model's completely gonna be gone? On a small scale, maybe? I think there's a need for you. What do you guys think?

If you're gonna make a consolidation. If you're watching this right now, how many of you guys rent a car? And if you do, who do you rent it from? And are you planning on continuously renting? If you're watching this right now, are you saying moving forward? I think I'm going to be going away from this.

The reason why this is so important is because over the years, I work with a lot of guys that work for enterprise or they work for Hertz. And by the way, if you work for enterprise and you move up an enterprise, you can make $150, $300,000 here. There is a development process that they have at enterprise that they create great jobs, great high-paying jobs.

These are not small jobs that they're paying $40,000. If you're a great salesperson, great sales manager, you got a great career with enterprise long-term, right? So you talk about a lot of people right now that are relying on this business model that have to be looking elsewhere. But I'm just curious, by the way, a lot of people are saying enterprise, Uber only, no renting. I don't think so. I rent from Avis, always renting cars for vacations,

only renting cars when I'm on vacation. Interesting to see what different people are talking about. Okay, cool. Let's go to the next topic. Next topic is this. TikTok. Okay. Well, obviously, we've talked about TikTok before multiple times but this is slightly different. The reason why this is different is because Trump is I think on Air Force One a reporter is asking him a question saying, Hey, what do you think about TikTok? He says, I'm planning on banning him. Then the article comes out saying, TikTok's about to be banned based on what Trump said. Then he changed his mind a couple of days ago. I think the CEO of Microsoft called him and they had a conversation together saying we want to be able to buy Microsoft. Then Trump says you have to the 15th, September 15th, to make the sale happen, right?

Now they're in the middle of it. The whole scandal that's taking place with TikTok, China and US and Trump, what are your thoughts about it? Let me just ask you, ladies and gentlemen, do you remember a couple of months ago when a bunch of stupid little TikTokiktokers decided that they were going to troll Trump. They were going to troll him by getting a bunch of famous tiktokers together and they all said what, let's hijack his rally.

Look, you piss off the Trumpster and he's going to get his ultimate revenge. Do you know how much they were crapping their little pink little panties when all of a sudden, I don't know where Trump says we're gonna ban Tik Tok. Okay. All of you little no talent, little Kim Kardashian, one of these. I can have to find something else to do. And bro, they were going insane. But really, I think it was Uncle Donnie just reminding a bunch of little Tik Tokers. Look, you don't have flip and power. I'm the president, but I have to actually recant. There's not many times I say I'm wrong. All right.

Patrick knows this about me. I'm all ears at this point, buddy. Go ahead. I said I was not necessarily in favor of Trump using executive power to ban TikTok, but the more I went down the rabbit hole, ladies and gentlemen. The more that I realize that China has a big old straw in the data of the United States of America sucking it into its proverbial atmosphere, being able to generate data on America's young people, I said, oh my god, oh my god, I should have listened to Patrick from the beginning. China is doing a very, very bad thing here.

And Trump is one of the only guys that has big enough water melons hanging between his legs that he's willing to say, hell no, we're not going to let this happen. I mean, how do you follow that act? I think all that was. I mean, what was that? But by the way, it's actually a pretty good point to think about the fact that they try to troll this guy. Yeah, so well 800,000 people and then the arena was somewhat a little bit empty with some seats and a little bit empty. Yeah, but the point is you do that to me. Here's what I will do to you

What do you think about that? Well, I mean let's just look at both sides of the coin. Obviously Trump doesn't forget anything anyone that you know You drive me tiktokers. Yeah, me, let me mess with your livelihood and your dance. He's got the little bit of the Michael Jordan grudge syndrome, you know, and the whole last dance. You think that's a little bit? Yeah. Well, Michael said, I don't know why I hold grudges. You know, just what did it go ahead?

Believe me, I totally agree with Josh. That's on his mind. The TikTokers in Oklahoma, they told people to register and not show up. That was a TikTok. I think we got to look at this other side of the, you know, there's, you know, the average age of TikTokers, I think, are between 16 and 24.

There's 40 million people of that age, 40 million users in the USA. So I understand why Trump would want to, A, look tough on China, and naturally do something that would probably help American security by banning TikTok. There's probably some rationale in it. So there's a little bit of rationale against China being tough on China. Maybe that's metrics.

Maybe that's actually being tough on China. Maybe there's a little vendetta against TikTokers. What he has to be careful of is, I don't know do you Josh your thoughts How many tiktokers are gonna say oh Trump wants to take us away now lets you we saw the the power that we had Messing up his Oklahoma rally. Yeah, now you know what let's all the tiktokers were voting against Trump That's millions of moons of first time Voter saying how now we're not voting for Trump. He's taking our tiktok away These are the things that 18 year olds care about

Oh, but let me ask you a little question Adam. Let me take you back to the school yard Binge you over my knee and give you a little spank and a little patty on the little booty Let's the view the Trump defender. Let's hear it. Let's hear it You remember when your mama used to tell you that ain't good for you Adam. Okay, Adam. You shouldn't smoke dope Hey Adam, you should my dad encouraged. Hey, Adam, you shouldn't do that. My dad encouraged me to smoke marijuana, but go ahead. Yeah, that's the thing. Look, there's times that our parents tell us to do stuff

or not do stuff that is not good for us that we like at the moment. What we have is a bunch of little 15 to 20 year olds that love TikTok because they're getting a little bit of fame for doing nothing. Do you want to know, do you want to know why TikTok's algorithm is so generous to everybody? Because China doesn't care subsidizing TikTok because as general spalding sent right here on

value-tainment, they have a 50, a 100, a 200-year plan in China and they're looking at America's youth and saying, give us all of your data. And when you realize how valuable data is, when you realize that they are harvesting data, that they know every little thing about you, that these little 15 to 20 year olds are surrendering their autonomy and their data for what, a little TikTok fame, then you start realizing that they are a huge, huge threat to America, Patrick, but David, what's your turn? Well, let me just weigh in here, Joshua. And I'm going to start talking like you to prove my point here.

I think it's a little rich of you, Josh, for you to come at these TikTokers, when, oh, hold on, how Joshua will become famous by being a Facebooker, by being a Facebook TikToker. You are the Tik Toker. You were the original Tik Toker. So you have these 16 and 18 and 20 year-old and your old kids getting quote unquote Tik Tok famous. Josh, that's how you became a known person. Oh, butter. Okay, buddy.

Hold on, brother. Don't be making fun of what the new generation is lurking on and what they love when that's exactly how you ended up on this podcast. Oh, let me tell you the difference between what I did and what these little Tik Tokers are doing. is they can dance and you ain't got no dance I was it. Let's hear it. Let's hear it. I wasn't dancing showin my boobies twerking or any of that stuff for a little bit of fame You want to know how I got four billion video views at them?

It's because I went deep down the rabbit hole of psychological thought and when people went with me They said oh yeah brother So if you want to know the difference between me and a bunch of little tick tockers it's because I was illuminating people's mind I was revelating I was educating I was doing all of the the stuff that sauce talks money wants to do I agree with that well let's just let's just let's just call it even here I want to get Patrick some of these TikTokers. There's a cup of talent.

There's a cup of talent. Let's not check. Try them. Go ahead. One, full transparency. TikTok's the only app I've never used. I've never used TikTok. I've never logged on.

I don't use it. We set it up one time just to see what it was like. I'm like, I'm not going to use this thing here. Why? Because I'm not comfortable with this whole thing that's going on with China. You know, it's funny with China. We got a strange request.

I'll say this part. I'm not going to give all the details. But I think we were all on the conference call and we got on the call and the call was, hey, we would like to see Pat. I was in Palm Beach when he sent me the text. He said, these guys want you to speak for $300,000. A total of $600,000. A total of $600,000 from me to go to China. So I get a contract.

Give a 15-minute speech. To give a 15-minute speech for $300,000. And, you know, middle-eyed dignitaries, go to all this other stuff, and then give $300,000 to charity of the $600,000. So I keep $300,000, $300,000, $300,000 goes to this. Charity, let's just leave a name out there, whatever the name you want to call it. And the whole setup was behind a very powerful billionaire, right? So I said, OK, this sounds noble.

It's a charity. Let me see what's going on. What's the motive behind it? Young entrepreneurs, et cetera. It's at a great. So I call a few different people that we know that are connected to China. And I said, hey, what's going on here with China?

What is the story with China? What should I know? Should I be worried about this? Because I'm actually thinking about it. Let me see what's going on. We wouldn't mind going out there and kind of learning a little bit about what's going on with their politics. This person here, who is very well connected with politics,

sends me a message he says, I don't know if you've seen this article or not. Kay, can you go to this article? It's Fortune Magazine titled, if you're reading this Beijing, says it's new Hong Kong security law applies to you. I think it's very important for people to say this. If you're reading this, Beijing, be-e-i-J-I-N-G, this is very important. Click on the C-Fill, come up right there. Okay, check this out.

Click on it. This just came out by the way, less than a month ago, close the top subscriber. We're not going to subscribe right now. Maybe we'll think about it. You can't close that canyon with the cookies. We're going back at it again.

I will then don't worry about it. Just go down. Okay, so check this out. Okay, you had it. Go canyon with the cookies. We're going back at it again. I will then don't worry about it. Just go down. Okay. So check this out. Go back to the article. Check this out. So this comes out. It's 38 articles seems to give the National Security Law NSL boundless reach.

The tech states that the NSL in addition to covering anyone in Hong Kong regardless of nationality or residency status also applies to offenses committed against Hong Kong from outside the region by a person who is not a permanent resident of the region. Let me read this one more time. I don't know if you caught that part as well, folks, pay attention to what it says here, okay? This applies to offenses committed against Hong Kong

from outside the region by a person who is not a permanent resident of the region. So let's just say I say something offensive to Hong Kong from outside the region by a person who is not a permanent resident of the region. So let's just say I say something offensive to Hong Kong or China. Okay. They can hold me accountable even though I'm living in America to commit a crime. And this individual who's heavily involved in military 30 years, very experienced said, they can take you to jail and keep you there for life.

So which means if you fly out there, you land, you set some bad things about China, they can potentially keep you there. Now, I don't know how much credibility there's behind us, but here's what I can tell you. Steve Kerb, whom I'm a very big fan of on the style he coaches, right? He just came out yesterday, I think it was yesterday or day before, and he said he was wrong on the comments he made about China. Okay? So he changed his position.

By the way, respect to him for doing that because he was defending China. He says, I'm all for freedom of speech. I'm all for this. You're seeing the NBA kind of change your position that they had, right? Right. Look, I'm sticking to this one part. I don't care what China wants to do with US. You want to do business with US.

I swore to God. If Trump doesn't pull this up or Democrats don't pull this up, Republicans don't pull this up. Somebody in the White House have that, the guts to pull this up. We are not doing any business with you at all. No travel, ban on everything until you allow Facebook, YouTube, Twitter, NBC, CMBC, Fox, MSN, BBC,

unless you allow everybody, there were weak in gold. What do you call it? Citizens' journalists? Citizens' journalism. Yeah. And I can go on Facebook and see citizens of China walking around with their Facebook live. We're not doing any business with you, China. Never happen.

But by the way, here's the point. No problem, it'll never happen. No problem. Say it'll never happen. But if US puts the pressure on the Chinese citizens to say what the hell is a matter with you, let them have Facebook, YouTube, Twitter, and here. We're getting crushed.

We don't have any business. We don't have anything taking place. So for me, even though the Saltic Tock deal, they're given until September 15th to go buy TikTok, I still don't trust it. I still don't trust it because hackers and technology folks We don't we know what happened this week with some of the hackers hackers and folks who designed this technology Of course they're gonna have the people that are connected because if you buy a tiktok who you buy when you buy a company

Who do you buy when somebody buys PHP who are they buying all of it's all all of its intellectual property? What who are they buying? All of its intellectual property. What else are you buying? All of its people. All of its people. So if you buy a company, you buy all of its people and the people are what? Believers of whatever the regime was prior to you. This is why when a new company, for instance,

if an AIG or a nationwide or a sears brings new management and the new management, the first thing they do is what? What's the thing that management does? They ever talk with the people. Let's talk with the people. They talk to the people. They fire some of the people that are from the past regime. They replace them with their own people that they're bringing on board. You buy TikTok. You don't think there's going to be people that are working at TikTok that are from the old regime that are true believers to? For sure.

I don't buy that at all. So for me, I hope this deal doesn't take place. I hope this doesn't become a reality. And by September 15th, they can't come up with a deal and TikTok never does business in US. Let me ask you this, Pat. Do you think that China made a huge mistake with the coronavirus? And it seemed like at one point,

a lot of the sentiment around the world was kind of anti-US, okay? And, you know, of course, China is trying to build a lot of these alliances and stuff. Do you think by them allowing coronavirus to escape China and them lobbying the World Health Organization in order to make sure that that flights would stay open so it could cripple other people's economies? Do you think it now has actually made the U.S. more of a world superpower and actually strengthen us to where we could actually take China down economically? I don't know if it's strengthened us, but I think here's what's happened.

This is what's taking place. So, you're at a nightclub, okay? You have a guy that you and him had before years. You couldn't trust a guy, right? And he's a, he's a scumbag, okay? Everyone knows he's a dirty scumbag, but He's got money and he's got girls so people are around him because he's got money and he's got girls, right? He's got all the right drugs, okay? Night clubs. This is a the guy with the best ecstasy the best drugs typically has everybody that wants to be their friends

You've been in that world for a while Miami. You know this, you're hanging out with scumbags because they're doing something for you. Because they got money, girls, drugs, and so they provide that for you, right? Of course. But behind closed doors, everybody hates this guy, right? So imagine this is the guy that everybody hates. This is you. Now, there's three other guys that you don't like because they're enemies of yours, right? You've had beef with them. The moment this guy breaks a promise with everybody, and screws everybody over, these three officially became a little bit closer to you.

So I don't know if US became a stronger superpower. What I do think happened is the trust level from countries that didn't trust America, trust America a little bit more. They don't fully trust, and believe me, not everybody around the world trusts America, and the trust factor is not high. Because anytime you're number one, you're involved with military all of the sudden, people are not going to trust you.

But I do agree that some of the countries that didn't, not their trusting. Here's the other part that also think takes place, which is even bigger. What do you got? You got Mike issues or guys, this guy, this connector, so if you can come help them out. So the other thing that's an issue is the following. Here's the other thing that's an issue is the following. Here's the other thing that's an issue. That's even a bigger issue for China. Anytime something like this happens, I'm a fan of capitalism. Okay, yesterday I'm at Michael Rapatoni's place. By the way, shout out to Rapatoni, Rapatoni. The guy we got the TV for, he opened

it up. I got a haircut yesterday. I went to, by the way, his barber shop, this is exactly how it is. You got 15th Street in East Plano, okay? Here's him. Here's the barber shop that's been there for 100 years. He set up his shop, and when I tell you cross the street, I mean across the street. And this guy that's $18 cuts, Michael's like, I don't do $18 cuts, I do $35 cuts. This guy has one share.

Michael has three shares. This guy gives free haircuts to mayors and he does 50% off for cops, firefighters, all that other stuff. Michael's like, I can't do that. I'm running a business here, right? But Michael said his customers are all 70 plus. He says, I'm going to put a sign outside my door saying free haircuts for anyone above 70. And I'm going to put this guy to business, okay? Say he does that, I don't know if he's gonna do it or not, but let you say he does. Michael's a creative guy, got his back, he's a solid guy.

The best thing about what happened with China, who benefits the most about what happened with China? You know who benefits the most what happened with China? Small economies, smaller countries. It's like Walmart going out of business, who wins? That smaller the shop and Fresno wins. That smaller to shop and Toledo wins. These smaller to countries like Czech, they're going to get contracts.

Armenia, they're going to get factories. Yes, these other countries are about to get a lot of business. So it's not necessarily America winning. I foresee 60, 70, 80 countries winning because of what happened with China. You're saying that your enemy's enemy is your ally and that's essentially what's happening. Small businesses are going to win. Small businesses are going to win. So that's the part with TikTok.

Anyway, let's go to the next part here. Let's go to the XFL. Okay, let's talk about this because this is I know something you're very excited about. Not really, though, but go ahead. So so rock buys XFL for $15 million. Now XFL, Vince McMahon, the whole night, they tried it, exciting. Some people like it. Some people never seen it, but $15 million himself and his ex-wife, Danny Garcia, kind, they go by the leak, XFL for $15 million. You're saying even if rock goes full on full time on this. This is not gonna work out. Tell us why

So The XFL I mean, I guess I'd like to know how many people out there in our audience have watched the XFL question How many of you have watched XFL or even better? How many of you have been to an XFL game? Yeah, how many have been to an XFL game because if you've been to a game don't plan on going anytime soon because You might not even get to yourself and do an NBA game, MLB game, or NFL game anytime soon, much less a random ass of XFL game. So by the way, his, I didn't realize that Danny Garcia, they went to University of Miami together. This is X wife.

By the way, she could be a linebacker in the XFL. Have you seen a picture of this lady? She's a professional bodybuilder. She's a massive, strong. She's basically the female version of the rock. So those two might be the starting inside and outside linebacker, much like the return of the Titans.

But remember the Titans, I'm just, the only chance the XFL has is if the rock goes all in on this. And even then, I'm not sure if I'd be too excited for the XFL. $15 million is what, 10% of what the rock made even last year? 124. Okay, so not less than 50.

He didn't even spend $15 million on this. This is, we can use the Dana White analogy. He bought the UFC for what? $2 million. Yeah. And kind of like what you mentioned yesterday, he went all in, he lived, breathed, and died. UFC, he's brought that up to a multi billion dollar platform, probably the biggest fighting platform in the world right now, bigger than boxing.

There was no major competitor to UFC as an example. Who's the major competitor to UFC boxing a little bit, but you know, the major competitor at XFL is the NFL. I don't see talent leaving the NFL to go to basically the minor leagues of football. I just don't see it. I don't see crowd showing up. I don't see people buying tickets. I have a different perspective. I'm going to know what he's going to say. Well, I'm so glad you asked because this violates your ideology, violates one of the principles that Patrick preaches and it's this.

Sometimes it's okay to be the second guy. It's okay to have a smaller market share as long as you don't go away. Look at lift and what happened with lift. Lift hung around long enough for Uber to make one big mistake. The XFL is coming. Look, they, yes, they've been around a while and they've hung through it and they've relaunched over and over. But guess what? The NFL is making mistakes. When players start kneeling and start being stupid, the one thing I could say about the

rock, the rock seems like a pretty patriotic guy. He's a guy that is not going to be really big on people, kneeling, he's really big on the flag. He's very pro-America. And what I think could happen is, and I talked to one of my friends, Rick Kat, who has played ball, one of the great defensive ends over at ASU. And he told me he said, Josh, the difference between the guys in the NFL and the guys that are going to be in the XFL are very minute.

We're talking about milliseconds. We're talking about something you're not going to see on camera. These are really great A-Players. It all comes down to marketing. And here's what's going to happen. Good red-blooded American males. Good hard-working work for every paycheck kind of guys are going to get tired of watching a bunch of overpaid sissy's kneel on the American flag. And what are they going to do? They're going to go right all over to the XFL. And if the XFL can get hotter cheerleaders, if they can get different camera angles, if they can get more pyrotechnics. And in regards to companies that have failed. What about the UFC?

Wasn't the UFC, Pat? Wasn't that a huge flop until Dana White took it over? Yeah, but there's a difference though. Talk to me. There's a difference though. And by the way, a lot of people are saying never, never, never. David Kurechion said, never Kyle says, I don't even know what XFL is. Gabriel Dynastie Sals says, I have not. know what XFL is. Gabriel Dynastie sells as I have not.

A bunch of people are saying never, one guy said rough next champs, sent us in your fire pony, pretty nice username right there. By the way, click thumbs up or share so we can see if we can crack this to a thousand people watching this. It's on a small podcast with 3000 subscribers.

We're now doing it on the main channel. But let me give you an idea about the XFL and how this could work. If it were to work, this is how it could work. Okay. So a few things to keep in mind. Years ago, one of my investors got real brand or bought the Houston Dynamo for $35 million. Okay. I was in an MLS MLS guy and nobody was in MLS guy except for a few people that understood the most popular sport in the world is what soccer food and and and our Immigrants that are coming to America these immigrants are coming from countries who love what soccer does that make sense

So you got 41 million immigrants come into America living in America the sport we grew up playing I've never played basketball until I came to US. I've never held a basketball until I came to the US First time I held a basketball, I was 12 years old. But with soccer, day I was born, it was a soccer in my house. Okay, we played badminton, we played soccer, we played ping pong. If you ask immigrants, they probably played badminton, they probably played ping pong, and they probably played soccer. My mom was a ping pong champ.

When she was playing for her age, she was very good at ping pong. Okay, what's the point here? They buy it for $35 million. Right now, you couldn't buy Houston Dynamo for $200 million. She was playing for her age. She was very good at ping pong, right? Okay. What's the point here? She buys it. They buy it for $35 million, right? Now you couldn't buy Houston Dynamo for $200 million. You'd have to pay $300 million to make to buy Houston Dynamo. Why? Because they're feeling the future of MLS is going to blow up.

Okay. These guys are going to come over here. Someone's going to get a big contract. Boom, game over. You saw Slap and came over here opening game. Hattrick boom. LA. Oh my gosh crazy He's talking shit LA loves them. Oh, so people are now wanting to play for teams like this

Okay, you realize the XFL they bought it for 15 million dollars. First of all, let's not forget the league Was bought for 15 million dollars. Let me say this one more time for 15 million dollars now Let me say this one more time for 15 million dollars. Now, the only way this will work, this is my opinion I could be wrong, but this is my business model on how I think it could work. The model of trying to do everything, so you have to look at what NFL is doing wrong or right to some people and you have to do the opposite. For example, let's just say, if the NFL is all about kneeling is okay. If the NFL is all about all of those things are okay during the national

anthem, if Roger Godel has said, dude, it's too much pressure and we got to make sure we do this. Guess what Dana White has said? Here's what Dana White said the other day. This is Dana White style of leading. I don't know if you want to pull it up, you got to pull this up. It's going to take you while to find it. Dana White gets up, see if he can find it. Dana White gets up and he says, I swear to God, if one athlete of ours touches a referee, says anything to a referee, you're fired. You will never work for me.

Let me say this one more time. Says the second time. If a player touches a referee, approaches a referee, because Dan Hardy, Dan Hardy is a legendary fighter, approaches one of the referees, there's a dispute. He says, have you had that conversation with Dan Hardy? He says, I'm having it right now. Meaning, he's watching this, right?

And he's going to hear about, if you touch a referee, you have shit coming your way, right? What's the moral of the story? Dana White style is not NFL style. NFL style is, oh my gosh, we're so sorry. Oh no, no, no, a piece conformed. They know white style is you don't wanna fight here. Go elsewhere, good luck to you.

You don't wanna hear, go to the other place. We don't care if we lose you. NFL doesn't have that system. NFL system is where afraid of we lose you. Rock's model to work doesn't fit his personality. This is the challenge with rock. Rock is the all-American loved by everybody, doesn't want to do anything wrong.

Is a guy that is so concerned about people loving him because that's just his MO. That's how he is. He's the guy that off camera. He can be a dickhead. He can be a guy. He can talk shit. He can do all that other stuff.

The moment camera comes on, you know, hey, you know, the act comes out, right? That I have to be this proper guy because it's a brand. But if rock wanted to, rock knows how to be a day in a white and rock knows how to be a Vince McMahon. But if he goes that approach, he's going to lose some of his audience and that's going to have to be a decision he'll have to make. But if he does take that route, let me put it to this way. If I was hired as a consultant at XFL, I wouldn't say yes because I'm, I'm not proposing to some saying, if I was hired for X hard as a consultant at XFL, I wouldn't say yes because I'm not proposing this. I'm saying if I was hard for XFL as a strategist behind closed doors, I will put

together a plan exactly how for them to do it and how to make this brand a multi-billion dollar brand to go up against NFL and take a blue ocean strategy that's a motto that nobody's thinking about and compete and it's $15 million can at least turn into $2 billion within five years, which $15 into $2 billion is massive. Is $2 billion NFL status absolutely not, but is $2 billion? A hundred times what they invested into it? Yes, it is.

That's called return in five years. So you can't look at it from the perspective of, okay, you cannot apologize for that. You don't ever put your F on hands on on or your feet on a referee for any reason. What's so ever? You need to be buried. He needs to be buried. He puts his foot on his ass to push him. There's never ever a situation where you put your F and hands on a referee ever. This is Dana White. Now, imagine you say that the fighters are like, dude, listen, man, this guy protects his referees versus the NFL. well, you know, well, we have to understand, no, they know why it doesn't say we

have to understand. I don't understand you, you're fired. So if they take that position, I think this is a great investment. If they take it approach from Council wanted to come from, please everybody, it'll be a flop and a go away in no time. I actually think that that's one of the reasons that the UFC has been super successful as well as super profitable is even when everyone's coming around Dana White for a pay raise and they try to unionize and stuff. What does Dana say? Yo, I'm the UFC.

Like, if you want to go fight somewhere else, go fight somewhere else. But as of right now, I'm the flipping UFC and he takes this no apology approach and people respect it. I you know to your point. I think that the NFL and the NBA have given in so much to especially these commissioners to wanting to be liked by the players. Dude, I take crazy stat here for you to be thinking about. Can you tell me what is a number two selling Jersey last week in all of NBA? Let's say Jonathan.

Number two Jersey. Jonathan Isaac is the number two selling Jersey in all of NBA last Let's say Jonathan. Number two Jersey. Jonathan Isaac is the number two selling Jersey in all of NBA last week. Who is Jonathan Isaac? He's a bench former for Orlando. He is a bench woman for Orlando who got hurt in the second game after he didn't kneel. But he didn't kneel.

But he didn't kneel. His Jersey is the number two selling Jersey in the NBA behind LeBron James. Number two. LeBron's number one number number two, Johnathan Isaac. What is his tell you? What does it tell you though? What does it tell you?

This is the biggest thing. Dana White spoke at the RNC. Okay, Dana White spoke at the RNC. You got up on stage and spoke at the RNC. You think the rock would speak at the RNC? No chance. No chance, okay. Dana White got up and he says, I'm pro Trump.

You think the rock would do that? No chance, because he runs his Hollywood career. By the way, I understand it. But if, but if, but if, but if, but if rock actually took out the politics, rock and Trump, or more alike than he knows, it's him, it's Dana, it's Vince McMahon, it's Trump. These guys are promoters. These are marketers.

They understand marketing. If XFL took that position, it'd be a multi-billion dollar brand because now there's a bunch of fans who are furious with the NFL looking for an option too. It's such a, if Jonathan Isaac who averages less points than I did when I was six years old in Iran playing no basketball, he's the number two sell on Jersey just because he made took a stand and took all the criticism.

I didn't know he was I could do that as well I actually heard someone call him a sell out and I said the only thing is gonna sell out Is this exactly right by the way? Do you have it or no? This does it show the Jersey sales go go pull up the Jersey sales for Jonathan Isaac So that's what I would say about XFL so now let's see what what neck top and what next topic do we want to touch up on let me pull this up here to see What else we got going on Virgin go to the question for the xf. Oh, it's just a recap this. When's the first time they play a game first time Here's what they said they said first, but they're not playing a single game until they get major sponsorships

Which is the right way of thinking they're not even wanting to go out there now You got to realize major sponsors want their names to be tied to the rock. It's that simple. They want the name of rock Being with them, but I wouldn't be coming out with XFL unless they have a message. It's a long-term investment. Of course not. This is not happening in 2021. Let me put it to you this way. If sports was something you love and then you had a platform, $15 million for the XFL is not a bad investment. It's whatsoever. He'd even put up 15 million. I think he split that with a couple different investments. That's not only nobody puts up numbers like that. Magic got 5% of the

Dodgers, not for putting up the money. He just had to show up to games. So totally. Okay, so that's that part. What do you guys want to cover next? What do you want to cover next? I said we talked virgin galactic because I think this is a big story. Tell us about it. Why don't you take the lead on that? Okay, so virgin, you guys know virgin airlines Richard Branson, the billionaire investor, the You guys know Virgin Airlines, Richard Branson, the billionaire investor, the absolute genius of the Airways is, like he really is a brilliant marketer,

very, very brilliant marketer. He just signed a deal with Rolls Royce in which they're gonna start purchasing engines from Rolls Royce because they're going to launch Virgin, I think it's called Virgin Galactic or Virgin, yeah, Virgin Galactic, which is going to be, it's not the first ever supersonic plane for passengers because you guys probably remember the con board. Can you pull that up, Kai, so we can look at a Virgin Galactic?

Yeah, so Virgin Galactic is going to travel. Are you ready for this? Sell us. At Mach 3, that's about 2,00 miles per hour. You're going to be traveling at Mach 3 and at 60,000 feet, which means that you're going to be taking a ride on the sonic boom of all planes. So just to put that in perspective, instead of six hours or whatever it is, four, five, six hours from New York to LA, you're going to get there in about an hour. Okay.

I mean, I, that's pretty intense by the way. Is it just rough? Yeah, for sure. So, and they teamed up with what, roles Royce? They teamed up with roles Royce. Now, let me just point out. And when is this set to roll out? I believe it rolls out within the next year or two.

Okay, now look, the interesting thing is here, for those of you that may remember, there used to be a supersonic plane called the Concorde. And I'm interested to see how they overcome this. The problem with the Concorde, and it was a beautiful plane, it had this kind of weird nose, I don't know if you can pull up a picture of the Concorde. Yeah, there's a picture of the Concorde there. Pointing down a little bit.

Yeah, yeah. Yeah, remember that. And, but you could get from, basically, New York to London in just a couple hours. Okay. The problem that they had with the Concord is every time it would take off from an airport, it would shatter all the windows in the neighborhood. So it became far too expensive of an endeavor. So I'm kind of interested to see what kind of technology they're rolling out.

But would you, you know, if you think about what this does for business travel and what this eventually does with industries because we've talked a lot about what it takes to recruit certain people to certain cities and such, when you're talking about now having a plane that can get you almost anywhere in flipping 45 minutes or even half an hour. Wow, that changes industry. Yeah, I agree with that. And I was thinking about travel the other day. And here's what I was saying.

I was saying that the current model doesn't work with travel because the profit margins are what? In travel, 3.2%. If you look at the profit margin for airline industry is 3.2%. That's scary to be thinking about. That's a scary thought. You always got to have a lot of cash. You're barely making any money. The margin somebody also always comes in. Cheaper flights, people go on all these websites and if somebody is cheaper than you by 10 bucks, they book that flight so you have to constantly compete and your 3.2 goes to 2.9. If I was

to get into the airline industry, I wouldn't go fighting for the cheaper flight. I'd go the other way, Ron. You wouldn't fight with Sprint, you'd fight with... No, I'd be fighting for $2,000 tickets. I'd be fighting for $3,000 tickets. I would take the luxury experience to hold it from level. I would make it fewer people, smaller plane,

more luxurious experience for you, more elite membership, exclusive, that kind of a direction I would go. I'd go to a thing where I'd target business owners who can spend two to $4,000 on a flight, and maybe they don't even wanna get the jet, but you get a plane like this that's gonna take you to these places.

Hey, Trump said, I'm gonna create Mar-Lago, and I'm gonna give $200,000 out of your membership. For what? Mostly, but I'm realizing, Mar-Lago doesn't have a golf course. You go to Mar-Lago and I'm gonna give a $200,000 of your membership for what? Mostly, but I'm gonna realize this, Mar-Lago doesn't have a golf course. You go to Mar-Lago, there is no golf. You know, you think there is golf. It's a small little, seriously, if you go to Mar-Lago,

it's a massive mansion. That's what Mar-Lago is, but $200,000 of your membership. You know who's part of it? Bill Belichick is a part of it. A bunch of names you would recognize, pay $200,000 of zero.. You know who's part of it? Bill Belichick is a part of it. A bunch of names you would recognize. Pay $200,000 here. Just for what? Just for one thing.

You know what it is? Posh networking. Association. You're gonna get to a country club that can have people who can afford $200,000 of your membership. Our flights are $4,000. But who's on these flights?

People that are killed. Who's who? You want a network? Come on our flight. It's $4,000 and then we give you sushi. We have caviar We take the experience in a different direction. Maybe we offer foot massage. Maybe I don't know what it is I would I would do a different kind of an experience. Well, that's why they're partnering with rolls Royce They're not partners. I'm saying to you. So what I'm saying is I like the direction they're going more power to them for taking the

Sangle so I like it here here is one thing that I don't think a lot of people maybe understand. People that travel in maybe the role of an executive, a CEO and stuff to where you're constantly having to be on the road, shaking hands, kissing babies, doing deals. Travel, as Pat can tell you, takes an extensive toll on your body, especially if you're not in like prime physical shape. But even if you are just travel in and of itself, especially commercial travel takes, it just takes a lot out of you, which is why you have things like jet lag. Your body was actually not designed, all right, designed at them. There's the whole God thing, but your body was not designed to operate in

different time zones and different parts of the world all within a few hours of each other. So any time that you have these luxuries, I realize that there's a lot of people that look at CEOs and people that travel privately and they say, oh man, those guys are just wasting money, dude. When you're making $100 million a year or you're generating $ hundred million dollars a year, or you're generating a hundred million, or a billion a year, like you have to take care of your body, and one thing that you have to do,

is you have to travel in a way that provides all of those little luxuries just to keep your body from breaking down. I mean, seriously. If you're worth that much money, you probably got your own plan. You don't need the version to do that. But you have to realize your own play doesn't come with network, and your own playing comes with your by need emergency to do that. But you have to realize your own plane doesn't come with network and your own plane comes with you

by yourself. So what I'm giving you is networking because here's my cell would be. OK, you know how they say, more business gets done on a golf course and anywhere else, et cetera, et cetera. No problem. You've got a two hour flight. You're sitting down with anybody that makes,

so imagine the marketing becomes this. Our average earner on our flights makes $3.8 million of your income. Our average earner on our flights makes $3.8 million a year income the average network of our Guests is $28 million $52 million now if I'm working on Morgan Stanley Merron and Goldman Sachs Guess what I'm saying shit. I'm getting on this flight Of course because if I get on this flight and guess what else I would set it up as I would set it up as desks Where you're sitting down with somebody two people sitting in front of you right four people two and two

So you got two he's gonna search so Adam. What do you do? where you're sitting down with somebody, two people sitting in front of you, right? Four people, two and two. So you got two, he's gonna say, so Adam, what do you do? So what do you do? All right, let's exchange business cards. Let's do deal together. I may have spent $3,000 on the slide. I just made $48,000 on the commission with you.

I may have just done a business. I would go that direction is what I would do. You're saying it's a country club in the sky. Well, you're lying for a hour. You're saying it's a country club in the sky is what I think. I have told so many young hustlers and marketers, pay whatever it cost, especially if you're at the gate, go see if you can upgrade for a hundred bucks to go sit in, in first class and gamble on yourself, gamble on your ability to sell the guy next to you.

You have no idea how many business deals and how many marketing things I've gotten while I was sitting on a plane striking up a conversation ask the other guy what he does. Dude, people love talking about themselves. So guess what they do? They sit there and tell me exactly how important they are or what they do at XYZ company and it gives me an opportunity to analyze what they're saying while they're saying it. And then I come back with, have you ever thought about this? Oh my God, that's genius. What do you do? Well, I'm a marketer. You know what I'm saying? Like,

well, let's bring this back to you because I've seen you do a video before about how much money you need to have in order to fly first class. So have your as your opinion changed? Is it staying the same? Is things different? Is it changing? This is a completely different target market. That's what I'm saying. So like break that down meaning the average person out there does not make $250,000 a year. They can't fly in private. They can't spend $2,000 on a flight. So let's just break this down. The amount of $250,000 a year is not my customer.

$250,000. You're not flying private at $250,000. Of course, of course. You're making seven figures plus to be flying with me. All right. So we're talking about the 1% of the 1% to even get on this. You know how many people filed their tax return last year that made over a million dollars?

How many people? 500,000 people. It's a big market. There's plenty of people that can afford it. There's this notion that the rich people are just a few. No, there's a lot. Do you know how many people filed their tax return that didn't file over a million dollars,

but did make over? Yeah, that's a good point. I don't know the million tools. So say million and a half. So you have 500, 500,000 that file tax returns. So you're asking me what question? I'm saying you've done a video before. I have.

You've gone viral. Millions and millions of views where you're saying, don't fly first class until you're worth 10 million. 10 million bucks. So my question is, is that still the same? Is that different? For me? Yeah, just in general.

For the average viewer out there. My thought on that hasn't changed. But I'm the guy that was running a business using every penny and putting it back into the business. I'd be sitting right there, you know, $200 flight, $300 flight rather than booking a $1,500 flight. This is a different story. The target market for this is somebody

that is wanting to do business with somebody else. I don't belong to country clubs. You know why? Because it's not part of my business model. But if it's a business model where you do want to be around other rich people, guess what? That is the direction I'd go with the Virgin Galactic. Because- That's a 99% advice for-

Imagine you're on a flight and you're on this flight all of a sudden you see a Hollywood star, you see a sports agent, you see the number one producer I Golden Sachs, you see the number one realtor in LA, you see the number one technology engineer, you see the security, I mean, you're like, this is it, so he won't be a winner. We got a party going on, you wanna come over, I'll come to your poker,

we know with your poker's on Thursday night, no wait, where's it at, Calabas, oh, Shaq, we have these people that show up, I'll come play, you go, you play, you got networks, and there's so many stuff. It's an investment. There is a big market. And by the way, it's a difference

between this and first class. Here's a reason that happened to me twice by the way. There's a difference between this and first class. First class is the following. Most people in first class, they go in with the intention of not talking to anybody. For sure. If you go to first class, it's quite annoying,

because nobody talks to anybody. Like, don't talk to me. Don't touch me. Don't do anything with me, right? You're going on the galactic to talk to anybody. For sure. If you go to first class, it's quite annoying because nobody talks to anybody. Like don't talk to me. Don't touch me. Don't do anything with me, right? You're going on the galactic to talk to people. Okay. There it is. With people like you that you want to see if you can do some business with. I don't know. Like let's change the subject. Let's go into a completely different thing on what's going on here. So an executive from MSNBC Prime Time, the last word would Lawrence O'Donnell, an integral member of them. Her last name is Peckery. I can't get her first name.

What is her first name? How do you say Sean Peckery? No, Sean Peckery. It's a... Peckery? Ariana Peckery. Okay. She said MSNBC.

She just left. Okay. And here's what she just said. Successful and insightful TV veteran. She said, we are a cancer. And there is no cure. But if you could find the cure, it would change the world. What does she mean by we are a cancer? She says, this cancer risks human lives, even a middle of a pandemic. The primary focus quickly became what Donald Trump was doing poorly to address the crisis crisis rather than the science itself.

A new details, as new details have become available about antibodies of vaccine or how COVID actually res- uh, spreads, producers still want to focus on the politics. Important facts or studies get buried, she says. This cancer risks our democracy, even the middle of a presidential election. Any discussion about the election usually focused on Trump, not Joe Biden, or repeat offense from 2016. She goes on to talk about, like you got to keep in mind, MSNBC is a extremely,

extremely liberal station, more than CNN, hardcore. Of course. Lauren, so Donald, these guys are, Rachel Maddell, your friends. Rachel Maddell, all of these folks, right? You know when I was listening to Ted Turner's audio book, I don't know if you've listened to it or not, I highly recommend everybody.

If you're not listening to it, you must listen to this. This guy's a, you know, very, very unique character, right? At the end of it, he's being interviewed by one of his own CNN employees. Now, keep in mind, he's been away from CNN, he's sold CNN, he went through AOL and time won an emerging where his net worth went to 11 billion dollars and within a span of, I don't know how many

months, he went from 11 billion to a billion dollars. Okay, he lost eight, nine billion dollars like this. And he had no control over it because he didn't have a voting, he didn't have voice, he just owned shares. And he can say nothing, right? Imagine losing nine billion dollars in a few months, right? So he's been interviewed by one of the current CNN executives and a guy asked, what could you have done differently with CNN?

Here's how he finishes the interview. He said, I wish we would go back to telling the news instead of giving your opinion. He said, I cannot believe what happened with CNN. CNN got started to tell the news. Now people are sharing their opinions. That is disaster what's happening to CNN. Here's a guy who's the founder of CNN. Here's a guy that marries Jane Fonda.

Here's a guy that one time defended Cuba. Here's a guy that went and met with Gorbachev. Here's a guy that's a Democrat with Gorbachev. Here's a guy that was, that's a Democrat, but says the model is hurting people because it's opinion, opinion, opinion. It's no longer what really happened in the news, right? And then here's something I like this talking about the fact that we are a cancer and there's no cure, but if you could find it, if you could find a cure, it would change the world. What do you think needs to happen for the media to not go in the direction

that's going right now where it's just about divisive, divisive, divisive. What is the next thing we can find that can divide and get more eyeballs? And everybody's using this business model. Do you think there's a place today for a media company to come out to give both sides and give the middle for the audience to say I'm willing to subscribe and buy a membership to that? Do you think there's a place for that? The same thing that's needed in media is needed in politics, a third party, a moderate voice. And I mean, the same thing that you're saying about CNN,

and the same thing you're saying about MSC is the MSNBC is the exact same thing that we can say about Fox News, for sure, and Breitbart, and everyone on the right. The problem is it's all opinion, it's all opinion, it's all opinion, and the problem in America, we have Democrats who are on the left, Republicans the right and everyone if you're on the right This is your team if you're on the left. This is your team who the is in the middle Okay, and that's where I think we're a value team. It has a major major major

Enrods into this Media world Someone needs to be playing the middle card because as much as MSNBC is a quote-unquote cancer and CNN is on the left Take a fucking look at Fox News, okay? So it's the same shit. So as much as what she's saying on the left It's the same thing goes on the right. So the problem in this country is today is you're either on the blue team or you're on the red team Let's get a purple team in there and you know enter value team. Well, it's funny. You say purple team in there and you know, enter value team. Well, it's funny.

You say purple. Okay, because that happens to be just the color of value team. No shit. That's why I brought a holiday. Holidays. Every time I, of course, that was a good set up, by the way. Yeah, obviously.

You guys are good volleyball players. Yeah, that I can just see that all the time. I tried to set you up and you're making it seem like I'm, it didn't know that's a freaking value team. It's like ridiculous. Okay, if you guys want a purple option, they're gonna drop it down in the comment section below. We just launched value-taming politics.

Kai, if you can drop it in to the item of politics. Which you need to go subscribe, because I think we're gonna have a little bet between Adam and myself, who Adam is over there at VT Economics, right in the coattails of Danielle de Martino Booth. All right. And little ol' Joshy poo. Oh, just damn, bro, your arm's hard.

Now you know what, that's it. Now you know what? Not Chubb feels like. Go ahead, Gervin and Lurlok. All right. So, go over. I think we're going to have a little friendly competition to see whose channel grows a little faster. I think there are 5,000, what I think we're at a couple hundred, but you've got to go check out value. Sign up for value payment economics. If you don't want to, if you don't care about opinion and you want the actual facts about the green, go ahead and sign up for value payment economics.

We don't care if you're on the left. And if you're, if you're red, we don't care if you're on the right, blue, we don't care. We're all about the green, baby. Sign us up. If you want to pin and go ahead, check out Josh. I think to your point pat is How do we stop it? Number one, you have to stop watching, okay?

We are feeding the dragon and we're wondering why the dragon's so powerful And I think that it really comes down to confirmation bias, okay? Everyone is told what to think they start thinking it and then what do they do? They go back into the echo chamber looking for someone to confirm their personal bias. So we want to be told that we're what? That we're right. Or if we're wrong, then it's not our fault.

But the number one thing that we want to be told is that we're right. So what we're doing is we're taking in all of this media and we're forming these opinions basically basically that are handed to us, molded, shaped. And the way that we view the news is how we shape our opinions. This is why I think it's so dangerous when we're delivering. And this goes for Fox News to Adam's point, just as much as it goes to MSNBC or anyone else, we have to take sensationalism out of journalism and journalist, which is why I think we need independent journalists. I look, this lady and I probably have very different views on America.

This lady that you're talking about, yeah, peckery, she and I probably disagree on a lot, but you know what I applaud, Pat? I applaud her bravery to at least pursue truth. Like that to me takes a lot of Cahonais and my hats off to miss Peckery for having enough Peckery to actually step out of the Peckery. Yeah. How would say you? What's what's I mean everything we

just addressed. I feel like you've got a two cents on this. I just gonna let I trust capitalism. That's the thing you have to realize I trust capitalism. These are all good opportunities. Anytime this happens there's somebody else that's coming out. You cannot realize I trust capitalism. These are all good opportunities anytime this happens There's somebody else that's coming out. You cannot be doing this for too long. You know, there are different forms of Monopoly okay different forms of monopoly if

You know if you go to a nightclub the reason why men love going to gay club. Why do you think sing straight men? Wait a minute. Why do you think straight men? Why do you think straight men, wait a minute, why do you think straight men, why do you think straight men love going to a gay club? I'll tell you why. Unless we have it enough night. You've got, uh, Why do you think straight men love to go to a gay club? Actually think about that question right there.

Because, no. No, why do you think, because, because why? You've got your pick at the litter, anyone, any chick who's there. Okay. And if you're a straight guy, you can call, hey, you know, I'm actually not gay You know, I hear the question. Why do straight women go to gay clubs to support their gay friends? Why do you think they go?

They yeah, I would go I mean they love okay Why else why else has a straight so they don't have to get hit on They just want to go dance and they just want to have a good night out. And, you know, be around gay friends and not have anybody bothered, right? Okay. Zero competition. Not deal with drugs. So, the point is, the reason why you go there is because the competition is less.

There's not many straight men. So, typically at a gay club, you're going to have a group of straight women and you have a group of straight men. That by around 1130 they end up finding each other. Now why it is that it's just kind of how this works out because the market you don't have a monopoly. Now why is it that you go to a club where there's 20 women and 200 men why is there a monopoly there? Who has the monopoly? The women. Women have it on the men. It's 10-1. Okay. Okay. There is

different forms of monopoly. Different forms of monopoly. Monopoly isn't just Amazonas buying everybody out of it's a monopoly. No, no, no. That's just one form of a monopoly, right? Today, a progressive thinking has a monopoly in universities. 10-1. Today, progressive thinking has a monopoly over media. 10-1. They own 90% of media. It's a monopoly It's a form of a monopoly your way of thinking social media progressive thinking is 90% maybe 95% who owns Facebook Who owns?

Amazon who owns YouTube who owns Google who owns? You know any of these guys. There's a monopoly there right there is a monopoly down the way of thinking and any time you do a monopoly what is another word for monopoly what is another word for monopoly what is a monopoly if I'm if I'm coming with 10 people to fight against you what is the easiest word to use there to replace monopoly what am I doing to you if you and I say I'll see you after squama whoop your ass oh yeah oh yeah David I'll see you behind the gym what's up and then we meet three o'clock what I meet you at three o'clock yeah what's going down you come by yourself I come with 10 people what do you call me that's that that's just gang but what what what am I doing to you I'm bullying you

bullying you are cha monopoly is a form of bully and Walmart put out small markets it's a form of monopoly Amazon's putting out small. It's a formal monopoly. I think I'm feeling very bullied right now. I have to use the bathroom. So bad. I'll be right back. 30 seconds. The part about the,

this just happened. It will happen many times. A small blight of community. The part about this whole thing, the part about this whole thing is the fact that there's a monopoly going on with media. And when there's a monopoly going on with media, I think it leaves a big opportunity for somebody else to come in and compete. And that's just a monopoly going on with media. And when there's a monopoly going on with media, I think it leaves a big opportunity

for somebody else to come in and compete. And that's just what's going on right now. I, you know, a lot of people are concerned, a lot of people are worried, a lot of people are sitting there saying, well, you know, I'm really worried about this thing because they own the media, don't worry about it. Something's coming around the corner.

So, in just a minute, I actually want you to go back and maybe explain to some of the people we had a conversation that actually ties into this about you talking about being able to sell like a woman Which I think is a great segue from the nightclub experience, but do you think it is that sometimes people call Somebody a disruptor in the industry. Do you think it's more an issue of the top guys stopped innovating? Okay, so the top guys got so lazy and stopped innovating that somebody else is able to come in and disrupt But it's not because they're disrupting or for the purpose of disruption It's more that they just they brought the market what the market wanted while the other guys got lazy like a relationship Okay, so if I'm in a relationship with, you know,

well, let's not take need, but let's just, let's take Adam. Adam's in a relationship. I'm back, baby. Adam who just got back from a, from a little P.P. break. Pat's, Pat talked about fighting me off the school. I got scared, I had to take this. So, so, Pat's, or Pat, Adam's in a relationship with a girl, and then he gets boring and lazy with the relationship.

Some other dude comes along, starts giving that girl what she desires, the attention, the focus, blah, blah, blah. He's just given the market what the market desires, and so she gravitates towards him. Do you think it's the same way in the news media, is the news media has gotten so used to just controlling it that they now have a blind spot for people like Oh, buddy. Let me tell you man. There's nothing worse than being number one for a long time and not having anybody

compete against you. There is nothing. By the way, somebody I got to give a shout out to Michael one of the best comments of the day Soy boys have small bladders comments of the day, soy boys have small bladders. I don't know what that means. That's a pretty good comment. I wanted to give him some very intellectual comment right there. Michael Mints, respect to you for that. That's a legit comment right there. But let me go back to this.

I had a call with one of my guys yesterday. Shout out to Jonathan Mason. You know who Jonathan Mason is. I put a race to give away a kilo of gold. We gave that away to Ricky. And we sent him a $5,000 safe. He posted a picture yesterday on Instagram. It's a massive safe. I don't know if you saw this say, huge safe.

I kind of like the one I have back there, massive safe. Then we sent him a kilo of gold, $62,000. Today, he gets it, right? Yesterday, we give another $50,000 bonus cash bonus to Jonathan Mason for doing something faster than his peers did. So we gave him $50,000. I call him to tell him hey you got fifty K, right? He's in his What he called the last floor the what he called the last floor? No, no, no last floor of

The last floor of a high rock penthouse. He's on his penthouse This is a guy that I met him. He was a bar mitzvah dancer, you know, he would put you hands up in the air Put you in this is that guy. I want these guys ripped. Used to be a dancer. J.U. guy, soccer, you know, jack, all that stuff. And so he's with his girl and a very attractive girl. We like her a lot. And so, oh my gosh, Pat, I can't believe I see. He just got 50. You know, and I told him at the end. I said, let me, let me tell you something here.

So I said, let me tell you what my hopes are. He says what's that? I said my hopes are that you don't do What many people do when they get too many victories back to back to back? This is this will be four months straight that we have paid Jonathan Mason a hundred thousand dollars a month four months straight Four months straight. He's made that kind of money. Okay. This is a guy that was making 40 grand a year doing bar mitzvahs Okay to making a hundred thousand dollars a month four months straight, right? straight. He's made that kind of money. Okay. This is a guy that was making 40 grand a year doing bar mitzvahs. Okay. To making a hundred thousand dollars a month, four months straight, right? He's based on Orlando, Florida. And I said, the challenge would be in number one is

the following. You get cocky, you get comfortable, you sleep in, you don't work out, you stop reading books, you rely on the same old 28 books that you read, you're around people that tell you how amazing you are, people tell you, oh my gosh, you're so phenomenal, you're so great. All of those things slow you down. The media has had the control for a long time. And typically what happens when you bully for too long, you all of a sudden meet a real bully.

And that bully is going to bully you in ways that that's gonna give you nightmares for the rest of your life And that bully will show up. It's always the case the story for bullies never ends well The story for bullies ends very very bad They get freedom and control and accolades for a while until somebody really shows up. Let me put it to this way, man The reason I'm in I'm in the army, okay, I'm 18 years old. I'm big, buff, strong, cocky, arrogant. I'm like, listen, I can take out anybody and there was a circle when everybody was fighting. So, okay, let me get into it. So, I get into the rank and we had one rule. You can't punch the face. Fine, you can't punch the face, no

problem. Full on fights. You can't, but you can't punch the face. Okay, one rule. You're fighting, you're fighting, but you can't punch the face, Okay, you're fighting. You're fighting but you can't punch the face. Okay, but body shots. But everything but you just cannot touch the face. You touch the face. You lose, right? Okay, so I go in one guy next guy next. Oh my gosh, but David you're gonna face off that David and I'm getting cocky thinking I'm the baddest guy in town. Wow. Guy from Florida shows up. He's five six or 130 pounds. Yeah. Not kidding with you. And very shy and timid. He says, can I get in there?

I said bro, it's not, it's cool. Don't worry about it. He says, let me just get in there. He says, no, no, I don't want to do it. I like you a lot. We run you, Robert. Buddy. He says, let me, let me just get in there.

This guy gets in there. He gets in there. Let me put it to you this way. So I start doing the cocky fight. You know, I got this guy. Bro, six seconds, I'm on my back begging for him to stop. Stop it. I swear to God.

This guy was a Florida State Champion of wrestling for his weight. He puts me on my back. He's got me in this. I can't even move. I said, dude, I'm tapping out. I said, what the hell was your problem? I said, how are you this good? He said, I've been a Florida State Champion for my awesome.

You should've said something like that. You don't look up. Freaking, I kicked my ass in front of all our buddies and here goes the guy that's the mountain guy. David and Gaya, right here. And every time I said, it's 5'6' kid, how you doing buddy? You don't look up. I see you again.

You learn that you can't go life like that and you learn a lesson. You have to respect everybody. You have to respect everybody. If you use your power to abuse people for too long, there's some people that are watching the way you're behaving and they're gonna come after you. And that's what's gonna happen to media and it's gonna be painful. And they're gonna take their market share away and recruit some of their best talents that are still telling the truth and all the old timers are gonna be sitting around by themselves somewhere furious pissed off because they're no longer as famous as they once were.

This happens all the time and it's gonna happen to them as well, very soon. Don't believe the hype. No, no, don't bully. When you wanna go up against bullies, you're really gonna find out who the real bullies are. Cause true believer bullies are different than acting bullies

You know the difference right with you guys. I'm a whoop your ass watch I'm a doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop doop do They people just have to be patient just hang tight give it five to ten years before it happens And then you'll see how this thing took place Yeah, but that's a completely different conversation. Okay, let me give you something here What Elon must did again, which which I think it's absolutely fascinating I don't know if you guys are by the way if you're enjoying this podcast click the like button We got 209 likes so far to one on our new podcast with 360 subs which is a brand-spanking new channel put the thumbs up and share the podcast while we're going into the last stretch of 30 minutes I have a 10 o'clock conference call everyone wants to wait loss up day two.

Oh everyone does want to wait loss up. We'll get to that here in a minute. We'll get to that here in a minute because because some of the people in Vegas the odds guys are saying there's a very high-like New Josh's voting provider in this You but we'll get to that here in a minute. We'll get to that again. These are these are Vegas people I'm not don't don't take it out on us. It's just Vegas folks So check this out so check this out. I always like it when somebody beats the odds and Again this guy what's his name is it Ilone? Ilone Elon Musk. What is his name? Elon Musk, by the way, I love when Tucker Carlson says,

so this host on CNN called the Donald Lamon. So Donald, it means says it over. And over, and over, Donald Lamon, Donald Lamon, so here's what happened. Barack Obama, President Barack Obama said it would take 12 years and $26 billion to do what? 12 years and $26 billion to fly into space to 12 years and $26 billion to do what? To essentially take a manned deal to the fly to orbit intergalactic.

No, no, no, let me take it with a specific, I want to give the specific data on what he said. So he said it'll take 12 years and 26 billion dollars. Doug Williams, I'm going to return to Earth after two months in orbit and safely splash down on the golf coast waters off Florida on Sunday. So Barack Obama said it would take 12 years and 26 billion dollars to accomplish that.

Elon Musk did it in six years for $1 billion. Think about it. That's the point. So, $12 years, $26 billion, Elon does it in six years with $1 billion. How is that even possible, Adam? Since you said entrepreneurship, I'll go to first. I mean, just what a genius this guy is. Shout out to Elon Musk.

He's changing the game. Josh, you'll appreciate this one. Elon Musk. He's changing the game. And Josh, you'll appreciate this. When Elon Musk said he's not very religious, doesn't really believe in God, all that. But he prayed for this one to happen. Maybe that was the differentiating factor here. But not very religious, but the two guys that went up there, Bob and Doug, two dudes, they just showed up. They were NASA guys. I mean, this is the power of the infrastructure with NASA and SpaceX technology working together. Actually, those guys, they went up there.

The guy, Bob's up there, said he's making fake. You'd appreciate this, making crank calls on satellites. Just, eh, this is golf from space, everybody. I mean, you're kidding me? Comes down, they fly down, they land in the Gulf of Mexico a couple hours later. They're doing Q&A. Can you imagine you're up in down, they land in the Gulf of Mexico a couple hours later. They're doing Q&A. Can you imagine you're up in space, you land, and then you're doing Q&A to the media? I mean, you're up in space.

That's kind of cool. I mean, that's ridiculous. The guy said we didn't want to stand up anyway. What was that guy? Imagine that, Joe. Imagine that, Joe. Yeah. Somehow they were able to manage, but, you know, I'm very intrigued by all this Elon Musk. What a guy What a what a situation. It's incredible. Here's what he said. I do think what this Harold

Harold's really is fundamentally a new air and space space light Musk said we're going to go to the moon. We're going to have a base on the moon We're going to send people to Mars and make life going to send people to Mars and make life multi-planetary. And I think this day Harold, Harold's a new age of space exploration. That's what it's all about. It's pretty intense statement to make right there.

That's not a small statement right there. There'd be a time where you think this guy was absolutely nuts and out of his rocker, but now, not so much. Now you kind of got to be a believer in this guy's point. Make life multi-planetary. You've ever been here that word before. Make life Multi-planetary. You've ever been heard out word before. Make life multi-planetary.

Interplanetary. So look, he's a big thinker. Yeah. He's got a big push. OK. So look, look, look. He's got the biggest push. Pat and I were actually on a Zoom the other day chatting

with the co-founder of Pricelight. Yes. And he said something that I absolutely love. Hoffman. Jeff Hoffman was talking about how they're putting together a group of guys that are basically a fintake, okay, of social impact entrepreneurs. And the one thing that they're talking about are how do we solve the world's problems? Because we know governments aren't going to do it.

We know that presidents aren't going to do it. We know that presidents aren't going to do it. We know politicians are not going to do it because there's so much A, just ineptitude, and B, there's so much government waste. You think about Barack Obama standing up saying it was going to take 12 years and $26 billion or some crazy number. This is a guy that has some of the best quote-unquote analytical minds, quote-unquote, on his staff that are giving him these numbers. But what's the big joke about government is that if you get a government job, it's 10

guys standing around telling one guy how to work, right? And you start looking at a government spending and just how much waste there is, it's got to be entrepreneurs that step up and solve the world's problems. And it's another argument in my mind for free market capitalism because when you allow people to come up with better ideas and they can profit off of them, now there is an incentive for that person to now go out and solve that particular problem. I think one of the greatest things, Pat, and I think that maybe someone like you needs

to help lead this initiative is start taking these guys that have had big exits, big thinkers, big idea people. I love the the effect that the other day I I saw you mentoring a young guy. I'm not blowing smoke up your rear, but I saw you mentoring a young guy that is doing this low income housing initiative like and he's going to do huge, huge things. Like, if entrepreneurs started banning together and started putting a problem in front of them, started creating these stink tanks,

dude, the world would be a very different place. Very different place. Adam, Jeff's I'm gonna say, or you see how you took a job as a bestie. Josh had to say all day. I was like, yeah, I totally agree with that. Entrepreneurs will change the world. Elon Musk, what do I do?

OK, all right. Let's go through a couple of the topics that we have. If we want to address stimulus at all. Do you want to? You got another big question? Tell us what's going on. We'll tell us what's going on. It's not going to.

It's going to. Tell us Nancy Pelosi said Congress is not going to pass anything for another week. So what can you tell us? Something needs to happen immediately, because they go on recess, August 7th. So just to give you a little brief history, obviously, there was the CARES Act.

Then that happened in March, March 27th to be exact. Then the demo, that was a $2 trillion stimulus package. Then in May, Democrats said we listen. We don't like the way that the coronavirus is growing. We're going to come up with the Hero's Act, $3 trillion Act. That just basically was DOA, dead on arrival. There's $3 trillion bucks that ain't happening. And then the Republicans, it was their turn to come to the table with the Heels Act.

They just came up with the Heels Act. So here's the good news, here's the bad news. So the Heels Act, $ just came up with the Heels Act. So here's the good news, here's the bad news. So the Heels Act, $1 trillion, both sides agree upon, this is the breaking news, both sides agree that the people should receive stimulus checks again. 100% stimulus checks are happening. The big disagreement right now is a couple different things. Big disagreement is unemployment, $600 a week,

the Heels Act, $200 a week, the Heels Act, Republicans. So I'd be loved to hear with the people at home want to know. $600, they have to say, $600 a week, plus your state benefits, $200 a week, big difference, that's the difference factor right now, unemployment, people, 30 million people collecting unemployment right now. And then what's the other biggest difference between the one trillion and the three trillion? Well, the Democrats want to get, provide another $1 trillion to states and cities. You know how much money Republicans want to get

the state and cities, goose egg zero. So there's a big difference. What do you think about that? I think that they're gonna meet somewhere in the middle. I think that's the freaking bottom line here, is that, you know, you have a $1 trillion stimulus act, he'll act $3 trillion, he'll act, he'll act with $2 trillion, bottom line is I think there's going to be somewhere around $2 trillion coming back onto the national federal debt.

People are getting stimulus checks and unemployed, unemployment just ran out July 31st of a time August recess comes around the end of this week. People are unemployed. They're going to have to pay the bills. People are going to be kicked out of their apartment, can't pay rent. That's the debate. $600 or $200. What's the, I mean, what's a you?

I wonder what pisses me off at them. It pisses me off that all of these little congressional lackeys on both sides of the aisle are sitting there collecting paychecks during this pandemic. Not one of these Congress people are not collecting a paycheck week to week. They do not feel the pain of the American people. And I'm all for free market capitalism, which is why I say that we need to open back up period. The people that don't want to come out don't have to come out.

But, you know, I was actually having a conversation with a well-known economist that appears on our channel. I don't know. You know, and they were talking about free market capitalism and how this is, and I 100% agree. But as long as we don't have a free market, there is no market right now. Everything's closed down for the most part. Businesses are greatly reduced.

Jim, Jim owners are getting arrested for opening up gyms. Meanwhile, people are not being arrested for protesting, but they're being arrested for opening up gyms is that how do you not send money to the American people if you're not allowing them to work? Now I don't, I'm not for the government just sending free money to people. I'm not for redistribution of wealth. I'm not for socialism.

I'm obviously not for any of that. But if you're going to shut down the economy, how are you not going to send people money to live? And that's the thing that frustrates me. All of these guys up in Congress, they're sitting there on their little padded pews. They're leaving Congress going over to either Trump hotel or the Washingtonian or they're going over to one of these places, getting drinks after work. All right. But guess what? Average Joe Blow that's there on Main Street, not on Wall Street. That guy is having a heck of a time right now. And if freaking

pains me, okay, if freaking pains me because I think of all these people right now like dude I Think about what it would be like having six kids. Sorry if I get emotional, but dude this it's it pissing me off now I think about what it's like having six kids if I didn't know how I was gonna put food in their mouth If I didn't have economic security of being at the top of the industry that I'm in and I didn't have economic security of being at the top of the industry that I'm in, and I didn't have that economic security, and I had a business that was being shut down. Think about how scared these people are right now. Well, they don't know how they're gonna put food

in their kids' mouth, and what the hell is the government doing about it? They're sitting there, and dude, the DIMS, I'm sorry, I'm just gonna say it, the DIMS are using this whole political pandemic to play towards the election. And meanwhile, dude, people's lives are going to hell. And we wonder why the suicide rates are up, dude, because people right now are living in fear, absolute fear, man. Basic stats, man. But, you know, he's, he makes a very good point. Yes, it. I'm doing a Zoom with our guys. And I talking about saying listen guys, I understand we're doing very good, you know, because our

numbers are up. PHP is doing good. All that stuff is good. I said 32.9% of the GDP dropped in second quarter. That's a big number. And 33% of the US GDP drop and 55 million Americans don't have a job. One of our guys asked the question, he says Pat, how is it possible that the market is doing good, but GDP is down. How is it possible that the market is doing good, but GDP is down? I said because there's a lot of fake money right now. Money's just being handed out,

so people are still spending money. That's $600 a week. It's what's keeping it together. So here's what they have to realize. They either have to realize that you cannot say, you cannot cannot say shut down, you can go out to work, you can't go out and work. And at the same time, we're not going to pay to $600. You can't do one without the other. So if you're going to say, I can't go out there and work and run my business, you got to pay me something. I want to go to work. You're telling me I can't go to work.

Then you got to pay my expenses. This is a hypocrisy situation that's taking place. By the way, here's a stat for you. In July, 83% of New York City bars, restaurants and nightlife establishments weren't able to pay their full rent. Let me read this to you one more time. In July, 83%, not 18, not 38, not 58, not 60, 83% of New York City bars, restaurants, and nightlife establishments were unable to pay for rent. According to a New York hospitality alliance survey, 471 businesses, okay. 37% couldn't pay at all. You tell my these guys are going to go out of business. You're talking about 50 million people in America rely on restaurants to keep them afloat. 15 million Americans work for restaurants and bars.

That doesn't include the truck or the drivers, the people that are delivering the food. So, you know, I don't know. When I look at this number, see, and I see kind of what's going on at the same time, I see a lot of politics taking place, a lot of games taking place. But you cannot say, let's shut down and not pay me to $600. Make up your mind. Which one do you want to do? Either let me get back to work, which is what I want to do.

And don't pay me to $600 or tell me to stay home and pay me to $600. But you can't do one without the other. So they're going to have to make up their minds and see what they're going to be doing. Well, the big argument that they're having right now is two-thirds of people collecting this, because it's $600 plus what you're collecting from your state. So the $600 is like a bonus. So the average unemployment state amount is like $300, right? So $600, so average that out, you're making $900.

Extrapulate that two-thirds of people were getting paid more to stay home than they were when they were actually working. So that's the big argument right there. I think both sides are saying, look, we're going to give you money. You're going to get stimulus checks. You're going to receive unemployment. We're going to extend on your employment for another few months beyond what your state was giving you.

The debate is, should people get paid more to stay home? So that's a debate of six hundred dollars for two hundred dollars. Here's where I'm at with that. Here's where I'm at with that First of all, you know a couple things you have to keep in mind as a follow-on There are a lot of people that are abusing their benefits and they're not even working and they can be working That's number one number two is Okay, coronavirus who we already know at this point who who it hurts the most, what age bracket it hurts the most. We obviously, I have had a couple hundred people in our company that have had Coronavirus.

Couple of them are players, one of them is our number one guy, that went through it. And so I'll get on the phone with them every single day, just to kind of get a feel what they're going through. Okay, when they have Coronavirus. Cough, you lose your voice, you can barely breathe. A couple of them have gone to the hospital. One of them is on ICU right now, and he's going through it

and his business, he's going to lose everything. His wife put up a go-fund me. This is a guy that runs a tax business for himself. He's not in a good situation. I left him a message the other day. So, coronavirus is real. There's no question about it. That's not real. Now, they've been doing testing with the vaccines.

You're saying 80% of people that are taking it, they're getting severe, what do you call it? Side effects and reactions to it. And you know, even the lady, I think from MSNBC was grilling Bill Gates and said, look, I don't know if you saw this one here, would the lady's grilling Bill Gates about, have you seen this one? What she's like, hey, you know, 80% I have a reactions to what you have to say about that. And you have to watch Bill Gates answer to that for 10 seconds. He doesn't know what to say. Have you seen the see if you can pull it up?

Bill Gates interviews say 80% reaction, type in Bill Gates 80% reaction interview to vaccines. Yeah. interview to vaccines. Yeah, and there's a part, how YouTube right there, right there, right there. Go to YouTube videos. You should search that on YouTube instead of doing it here. Okay, Kai, there's, so going back to that part with Kai is going to figure this out. So, so hey, make it a little bit bigger, but that's the one right there. Okay, make it bigger. How many minutes is it? How many minutes is it?

$1 million for the development of diagnostics. Fast forward to see when they're talking. Can we turn that up? Okay. I'm trying to do that. That's why we're working on so many first generation vaccines. How do we know if these vaccines are working? You'd like to be very safe in all the populations. Go a little bit faster.

No side effects. And then you'd like it to avoid the individual who gets the vaccine getting sick. Where are we in terms of a rapid diagnostic test? You've talked about this a lot. It would be a test that is like an in-home. The one question you have to see is when she asked the reactions. Two to four months, some of those tests will get approved now they will be as accurate as the PCR which is a molecular test and so over the next few months We have to up PCR capacity we have to get results back in 24 hours. We need both CBS

The late times that we have today are completely unacceptable. It's making most Much worthless the president said just as we can that the US has the lowest mortality rate in the world Okay, so it's it's anyway, so there's a part you got to watch this here Where she asked the question saying 80% of people are having reactions the lowest mortality rate in the world. Okay, so it's, anyway, so there's a party. You got to watch this here. Where she asked the question saying 80% of people are having reactions, you know, what do you have to say to that? He doesn't have an answer for. He's frozen.

He's frozen. So the point is there's not a solution with the vaccine that we trust right now. There's a bunch of people that are right now, you know, in testing. So there's so much uncertainty. So let's just say this goes for 12 more months. Say this goes for 12 more months.

This has only been going on for four months by the way. March, so you got April, May, just say March, April, May, June, July, five months. Let's just say go 12 more months at this pace. If we have 55 million people unemployed right now, if we have 83% that haven't paid their rent right now, go 12 more months. What's it look like 12 more months from now? How much money do we have to print 12 more months from now? Actually go 12 more months from now.

So what is the solution? Then you're having Nancy Pelosi calls out the say's are, what's her name? Birds, what's her last name that he calls out? The lady that works under Fauci. Okay, it didn't. Oh yeah, birds, birds, I think. Birds, calls out. The lady that works under Fauci. Okay, it didn't. Oh, yeah, Berks. Berks, I think. Berks calls out. So, Debra Berks. So, first of all, Nancy Pelosi says, I don't trust Debra Berks. Okay. Then Debra Berks says, we're getting worse. Then Trump says, she's full of it.

Then Fauci defends Debra Berks. So, watch this here. Pelosi doesn't trust Berks. Berks undermines Trump. Trump calls out her, Fauci defense her. Who is on whose page? No one's on the same page with anybody. And they're just, but they're just kind of going with it. Yeah, you know, ah, let's just kind of do it again.

And again, if this goes 12 more months, you can't keep giving people money. So if you stop giving people money, you have crime if you don't open up. If you keep giving people money, this is why I'll take the transition right here to finish this thing up here. The stock market can drop as much as 80% says, a 47 year market vet.

Why weren't amidst of a global bust? And he makes a case, you know for what? He makes a case to say why gold, it's $10,000. Why gold could go to $10,000? By the way, okay. Why gold could go to $10,000? Now let me read this one more time to you. If you wanna go to this article here,

okay, we'll re- be saying to do what? Well, I was gonna show you here exactly why gold, if you bring it up, okay, if you look here on the right hand side, look at what, just look at what inflation has done since we went off of the gold standard. Gold in 1913, $29 an ounce, all right, now 32,200 is what it should be compared to the American dollar.

$32,200, the ratio is 86.73 to one. We keep printing paper. Oh, like we are living in a straw house right now. A house of cards. Can't do that. Like, period. You cannot do that. So, so this stimulus problem is,

when I see things like this right now, when a guy says the stock market can drop as much as 80%, you know what's 80% stock market drop? So they're sitting there and they're saying, well, 12 more, we're getting to it, we're getting to it, we're getting to it. I almost think behind closed doors, they're sitting there saying,

keep saying, we're getting it, but I know it's 12 months. Keep saying. So if we go at this pace, the real question becomes this, say we go at this pace for 12 more months. If 83% cannot pay it right now, how bad can things be in the next 12 months? How bad can it get Adam? What do you think?

Use your imagination, Josh. Use your imagination. Very, very bad. What's very, very bad? What's very, very bad? I'm glad that we're going for a gun safety training This coming up week. Did you ever think you would go to get never my never in your life? Yeah, right a gun guy, but now all of a sudden I'm gonna get a gun safety train

But are you being sarcastic or you mean I'm not actually not? I mean, I got a sarcastic tone But it's actually tell me if things get that bad in the next year But I don't think they're gonna get that bad because I think they're gonna keep Tranting printing money, but it's even worse. That's worse. So so so that's not worse for today. That's worse for future generation. Bro, you don't like listen, that time is coming no matter what. Future is coming no matter what. It's not like future generation. Future is four years and four years you're 44, I'm 45. Yeah. know, no, no, this is coming in and you can't, you can't keep interest rates at zero and keep printing money and do quantitative easing and give checks away to people. You cannot do that.

If you continue doing this, it's basic economics. The value of the dollar drops tremendously. Gold goes up yet you don't want to go to gold standard. People stop trusting the currency. Currently today, the US currency is backed on a promise. What's the promise? Don't worry about it. I got you.

What do you mean it's I got you? I got you, bro. Don't worry about it. I'll pay you back. Have you ever done business with somebody and you say, I got you, bro. Don't worry about it. I'll give you 10 grand.

I'll give you, I'll give it to you back. That doesn't work that way. Social security. That's where it's going right now. So who's going to take the biggest hit? You got the boomers are going to take a hit. Because all they're going to do is increase retirement age. So people are watching right now, they're boomers

and they're saying, well, let me vote for the guys that give me more social programs. Really, you keep voting that way. Watch your social security benefits, go to 75 years old. 401k. Watch your social security, go to 75 years old. Watch what happens to you, 401k. Watch what happens to all 75 years old. Watch what happens to you 401k. Watch what happens to all that other stuff.

No, there's a different formula. Like now they're talking about schools. Thank God my kids go to private school. I'm getting an email from school saying, hey, are you guys open to the idea of opening the school? Yes, what is your biggest concern? Teachers that are above 55 are my concerns. Are you okay if they don't come?

Yes, I understand. I understand if I've been able to keep the old people at home, stay at the young people go out. And it's not even the old people that's the old people that worry about it. There's old people that are not worried about it. There's old people that worry about it. And what I mean by worry about it, you know,

if you're an older person that it's concerned about what could potentially happen to your health. Okay, yes, I totally get because you have asthma. You have certain totally get it I respect it. I'm not trying to force you to do anything But I'm trying to find a market for it. Okay, so market for it is what let's go find maybe some younger teachers to support us for right now But kids need to go back to school and kids are like sitting there These guys are taking a hit themselves as well. There's so many different consequences All they're looking at is the following.

Here's kind of what it's like. It's kind of like, you know how I'm gonna go work out at the gym and what are you gonna do? I'm gonna build my biceps. Yet you're trying to, you got legs like this. Okay, if you pay attention only to one thing, seven things take a hit. Yeah.

You have to look at the whole picture, then I'm looking at the whole picture. Keep giving money away. You don't think four years from now, you're gonna take a hit? So, catastrophic. What could happen here? Ben Shapiro actually read a poll on a show

the other day that says that if you're a teenager, like if you're 19 years old or younger, you are 20 times more likely to die of the seasonal flu than you are of COVID-19, okay? To your point, I think that one of the big things is when you force people, or when you shut down schools, what do you force people to do? People that could ordinarily work and help the economy thrive

are forced to stay home and take care of their children, okay? So you cripple the economy one way or the other. I mean, just screw it up. And then the other day, Fauci is being asked by Jim Jordan. And Jim Jordan says, so you're telling people to not go to school? Yes. Okay, is it fair to? Because, yeah, large crowds are not good.

Then Jim Jordan says, sorry, also saying that it's not good to protest. He says, I didn't say that. Don't put words in my mouth. Protesting is large crowds. Have you seen this clip or no? Have you seen it or no? Is it a clip of Jim Jordan getting mad and angry? Then yeah, I've seen that.

It's not every clip that he's ever done. It's not, by the way, I love the fact that Tucker Carlson called him out. So I'm not somebody that's a Tucker Carlson that has him on his show and Tucker Carlson says, so what do you think about the big tech? It's terrible what they're doing all this other stuff. How bad is it?

Very bad. Oh, you're not, well, then Jim, if that's the case, why'd you take money from Google? Why's Google your second biggest contributor to your campaign? Well, I raised $3 million last quarter, and I take money from a lot of different people. And if they want to pay me money,

to then Jim Jordan got nervous. I'm not somebody that's just sitting on one set. All I'm telling you is, if you're saying, kids shouldn't go to school, it's not good. If you're saying large crowds and churches is not good, then why the hell can't you say protesting isn't good? Totally agree. Hypocrisy.

Of course. What are you doing as dividing America? This is the problem with what's going on right now with some of these guys. They're playing politics with people's lives. So one of the things I like doing is as playing PBD for president. So rather than complaining, what are your solutions? I'm not saying that we're complaining, but there's a lot of back and forth going on.

What do we do? What do we do? PBD's president, we get the orange monkey out of there. What does PBD do for first and foremost? You open up the economy. What are we doing? First of all, what am I doing today? It's not about the present Donald Trump. What are we doing today? The first thing I would be doing today is I would be finding a replacement for Fauci.

Fauci's got too much say right now. He's fired, number one. And then I'm bringing somebody that's got, that they're gonna be a couple of people that are gonna debate on their arguments and let us kind of see what's going on. The same doctor, the lady that came out, the Stella Emanuel, I believe, that came out and said what she said in her video and viral and it was

taken down and all these other videos were taken on. Even their website was scrubbed and it was taken out. You were sharing with us earlier today. She said something in an interview. She says, you know, I got a question for Anthony Fauci. What's the last thing you saw a patient? Because I see patients every day. And what's the last thing you saw a patient? And I said, I got a second question for Dr for Anthony Fauci. What's the last time you saw a patient? Cause I see patients every day. What's the last time you saw a patient?

And I said, I got a second question for Dr. Anthony Fauci. I'd like to see him coming to do a blood test. Because how is it that he's so old and he's not getting sick? Maybe you are taking hydroxychloric and none of us know about it. We should do blood test on you. Silence. Silence. What?

I mean, listen, I have a hard time with the games that's being played. So number one is you're getting fouggy out of there It's too long. We need another person. You didn't fix it. Listen your recommendations now working every recommendation the president took of yours It's not working. He said masks don't work. He took it Trump closed down China Okay, they said no, you don't need to yet He did it then he comes back and he says hydrox to yet. He did it. Then he comes back and he says, hydroxychloroquine. No, then he comes back and says, okay, you know, now we're

masks. Then he goes to game and he's not even wearing a mask and he's talking to people saying, what you guys didn't know? I took a COVID-19 test yesterday. Hippocracy, the two people next to you didn't take the test yesterday. They could give it to you. You're 70 some years old. You're at risk. How much hypocrisy does there need to be with this person here? He needs to get fired and just find another person. It's okay, you did your job. It's time. When a person is in charge for 40 years,

he's been a director. 30 something years has been the director. It's time for some ideals. We don't like presidents to be there for more than how long. Eight years, though. Why? They get old and still. They get a lot of drugs.

Not old and still it has nothing to do with age. Why not eight years? They become corrupt. Because this is when they told George Washington to go for 13, what did he say? I am not a king. King. Of course. Okay. You heard this before. How come we're not treating that with these other things? Why can't we have terminates? I believe when Fauci first got in, I think he did good for the first eight to ten years. Afterwards, politics gets to your head, power gets to your head. You already are way to disconnected from the reality. Bring the next person, that's a person I was seeing patients.

So how much say does this Deborah Birx have compared to Fauci? When's the last time Birx or Fauci sat down with a patient, whether they're seeing what's going on? Why don't you bring somebody that's currently sitting down with patients? Okay. Bring somebody that's sitting around asking, but is Fauci still the one calling the shots. Anyone question?

No, he's still calling the shots. His drum calling the shots. I use it of course he's calling the shots. Because Fauci is still. Of course Fauci is calling the shots. Because the situation is a very technical situation for Trump. Here's why.

Because who's a doctor here? Fauci. Who's not the doctor? Trump. OK. So it's Dr. Fauci. It's not Dr. Trump. It's President Trump. But it's Dr. Fauci, here? Fauci. Who's not a doctor? Trump. OK, so it's Dr. Fauci. It's not Dr. Trump. It's President Trump, but it's Dr. Fauci, right?

Of course. In this situation, what's more powerful? President or doctor? Gotta be doctor. That's the point. So the people are saying, well, you're not a doctor. He is. You're right.

Let me fire this doctor. And I'm going to bring three doctors. I've got to, he hasn't done that yet. I'm going to bring three doctors. Trump is on that yet. I'm gonna bring I'm gonna bring three doctors I'm gonna bring three doctors who are seeing patients right now and let them tell us what's going on I'm gonna bring somebody from New York somebody from Florida somebody from Texas somebody from LA tell us what's going on What you don't think they have things like that going on? Doctor Bill Nate. You think it's just Fauci just

Go he's got way too much control right now. He's got way too much information. Okay, so what's Fauci's out? What's step number two? Hold on, let me just insert a quick question. Do any of you guys find it weird at all that you have on tape, Bill Gates, Fauci? And a bunch of these other people saying, our next big problem in America is not going to be a nuclear war. It's not going to be any sort of military entanglement shut out to J.D. Pinkett Smith. Okay. It's not going to be an entanglement, but it's going to be a

virus flu-like pandemic. Does anybody think it's weird that five years ago, three years ago, these guys are saying this on camera. Like, I don't know, is that weird to you guys at all? What's weird about it? It's weird that they're literally prophesying exactly what's going to happen. I don't know. So what are you saying? I'm saying that I find it highly suspect

that out of nowhere that we have this pandemic pandemic and now we've got Bill Gates and all these stuff like why in the world is Bill Gates now a leading expert. In fact, I also find it hilarious that over at CNN, they have a pandemic panel, okay, on coronavirus. Do you want to know who one of their experts were? Greta Thunberg. The little 14 year old, you're 16 year old girl on climate change. What is she doing on a panel about this pandemic? Anyways, I'll just show you. Well, I mean, I'm not in any way defend,

I'm not sure what your point was, but. I'm sending some people down the rabbit hole. Yeah, you're making conspiracy theories happen here. This isn't the first pandemic that's been around the world. I mean, the Wuhan thing that's going on right now, what was it a few years ago? Was the bird flu and then it was the, um, what was the mother stuff? Swine flu.

Swine flu. The big flu. The H1N1. This is the first. Oh, the people, the people who got break, the people in Asia have been wearing, been used to wearing masks, mad cow disease, all that. Exactly. And that, exactly.

And how many times did CNN and MSNBC and all these come out and say, the world's ending? Oh my god, this is, and guess what? It never got to America. And this is the first time America. Pro, Mad cow disease was here. Six months ago, if they told me that everyone here was wearing a mask, you would think people were crazy. Do look now, mask, people wearing deor mask.

Do a little fact checking. You're going to find more people had H1N1 that have coronavirus. More people under Obama had H1N1, more deaths, and guess what? Nobody was talking about shutting down the economy then. Okay. This happens during election years. Every, the bird flu, swine flu, mad cow disease, all this stuff happens during election years. Every, the bird flu, swine flu, mad cow disease, all this stuff happens during election years, it's all distracting. I would absolutely believe you if this were only taking place in America, but Brazil's a mess. Australia's fallen apart.

There's certain countries, Italy was a disaster. It'd be one thing if it was just going on in America for political purposes, cool, I get that. But this is everywhere. This is all over the world. So as much as Fauci needs to be replaced, we got to replace people in all different countries. So, that's, but you got to realize there's a, there's a very big difference. And here's what the big difference is. The, the most powerful leader in the world is a man who cannot

be bought. You can't buy him. Meaning,, no China can come and say we'll give you one and a half billion dollars and we'll take care of Donald Trump Jr. and your daughter, your kids and hey, wink wink, take care of us, let us do more business in US and abuse the American system. You can't do that with him. He's called them out. And this has been going on for decades with China coming up. It's their fault. U.S. is fault for allowing China to have this much power and control over U.S. now. And the first guy that stops them because they can't break a deal with them is who?

This guy. So China will do whatever he can to get rid of them. Because the only thing that's getting in the way of made in China 2025 vision becoming a reality, which is what being the largest, empire, the most powerful empire in the world is one man. There's only one man in the way of China. Let me put it to you this way, bro. In the mob, if there's a guy that's got a scheme that is making money and is getting in your win, it's in your territory, and you've

been able to get that money for a while, and somebody else comes and takes that away from you, guess what you have to do with that guy? You have to eliminate him. Now, in that world, it's very simple. You just tell somebody to go take them out, right? Today, you can't do that. Because a guy that's preventing you from getting that business as a president,

it's very problematic. And what's taking place with these guys? Extremely problematic. What's taking place with these guys? Look, again, I'll say this again and again and again. Russia was a country that said, US, we hate you. Okay, and we're coming after you. Don't screw with us, or else.

China says, no, we don't have a problem with US. We're okay with US, but uses every single proxy strategy to undermine US. Passive aggressive. If you are seeing them as a ally, you are naive. Now, let's finish it off on a good note. Here's a finishing it off on a good note. I opened it up by saying they said the number one quality that helps an executive move up.

If you remember at the beginning of the whole podcast, we said what is a number one quality that makes an executive move up? Here's what it said It's that you have to assume that to become an executive of a fortune 100 company or somebody that builds a company and Empire thousands of people your hardworking you have to be you Take care of your people if you don't they're gonna leave you you have a relationship customer service no matter what you have to have that You have to have some values and principles, or else people won't stick with you. But there's one quality above all that helps the company go to the next level, specifically with an executive.

Guess what that one quality is? Guess what that one quality is, Mr. Adam Saasnik, which has to do with everything we just did the last hour and 50 minutes. What do you think that one quality is? If you're watching this out there, right, Tenders, if you're watching this podcast right now, there's a few hundred of you right now with us, 384 of you. What do you think is the number one quality that's going to help you move up as an executive? And only three out of ten executives

have this. Only three out of ten executives have this. What do you think it is? If you have to guess, Kai, what do you think it is? Have all of the told you or no? What do you think it is, Sam? I'm going to guess. Go ahead what do you think it is? Have already told you or no? What do you think it is, Sam? I'm gonna guess. Go ahead. I think it's the ability to hear both sides and ability to reason and the ability to, uh, to talk it out under your differences. Whatever that word is, you're pretty close to it. What is it is it is part of that, but it's not processing issues. What do you think it is? But it's, but it's, but it's,

it's a different word. It's an S word. It's an S word. It'd be a synergist, not a synergist. What do you think it is? But it's a different word, it's an S word. It's an S word. To be a synergist. Not a synergist, what do you think it is Sam? Luis, what do you think it is, Josh? What do you think it is? She got a joke. Stick to itiveness. Okay, stick to itiveness.

I was just coming up with an S word. A bunch of people are saying, someone said balls, someone said people skills, boldness, decision-making, problem solving, empathy, opinionated, not given a, you know what, leadership, communication, all these things, right? You know what they said it was? Strategic thinking. Which is sitting around and coming up with strategies

to take the company to the next level. It's my favorite thing to do. So when you sit there and you think about this, the number one quality, if you're willing to work your ass off because like you saw what Ted Turner said, Ted Turner said, for 20 years, my office was a penthouse on a building while CNN was below me and I worked every single day 24, seven

and I wouldn't have slept in my house upstairs. That's this guy, right? Bill Gates, for 20 years, I never took a vacation, okay? You know, Elon Musk, there is no way you build an empire without being a workaholic, right? But the one thing that all had in common was strategic thinking. So when you're talking about the guy that's at the top right now, or you're talking about election, you're right now,

you have to understand that Democrats have a strategy and it's not Joe Biden. You're not gonna beat Joe Biden. It's about making the audience hate the other guy so much because you have a terrible candidate. You have that bad of a candidate. If you had Pete Buttichich, he's marketable. I'm telling you, I could market him. If you have some other people, you can market. You cannot market the candidate. They chose. If you have Michelle Obama, you absolutely have a marketable product. You do not have a marketable product right now.

You have to diminish the opponent. So yeah, if somebody's watching this right now, you're thinking to yourself, man, I want to have some long term growth in my business and my life. Dude, do whatever you can to become more strategic. And most people say, well, how do I become better at that? We got three minutes and I'll wrap it up with this. Here's one thing I can tell you. Long time ago, I told myself, I will not do anything that has to do with negotiation, business, or strategy,

without having one of my employees or executive has watched me handle that situation. So, if there was a confrontation, if there was a challenge, if there was an issue, if there was a money we had to raise, a person we had to fire, something we had to do, I always had a couple of my people sitting next to me. Why? Because it's a part of duplication, right?

Like you hear Moral when she does negotiation. If she's on the call, I trust it. Because I know who trained her. If I see Alexis Haneling in issue, I trust it. Why? Because Alexis was trained, and she knows how to do certain things. If I watch Marri handle certain things, I trust it because I've seen how Marri went from where he was at to where he is. If I watch Marri handle certain things, I trust it because I've seen how Marri went

from where he was at to where he is. If I watch different guys on our team handling it, I've seen how this is why right now after this call, we have two minutes to get on a call, we call it a dream team call, with 12 of us. We do it every Tuesday at 10 o'clock in the morning and we've been doing that for five and a half years. If you get a chance to be around somebody

who is constantly strategic and you learn how they come up with processing the issue, you will have a big upside in your career in business because everything's gonna come down to coming up with the next big strategy and it's happened in right non-politics. Politics is 100% strategy, nothing more, nothing less. That's what's taking place.

So final thoughts, if you're listening to this, if you're gonna go invest in any books, go buy in any books, courses, anything you can, that's gonna help you become more strategic.