PBD Podcast - Trump Tape Leak, President Kamala Harris & Hunter Biden White House Advisor | PBD Podcast | Ep. 433

Episode Date: July 4, 2024

Patrick Bet-David, Vincent Oshana, Tom Ellsworth, and Adam Sosnick cover leaked footage of Donald Trump criticizing Kamala Harris, rumors the DNC wants to swap Biden with Harris in 2024, Hunter Biden acting as a White Hosue advisor, the media turning on RFK Jr., and shocking poll results that show half of Americans think DEI is racist! MINNECT LEAGUE CHAMPIONSHIPS Meet Dwayne "The Rock" Johnson! Join the Minnect League Championships for your chance to win a meet-and-greet with The Rock at The Vault 2024 | Sept 4th – Sept 7th | Palm Beach Convention Center: https://bit.ly/4aMAar8 VT STARS & STRIPES COLLECTION: Purchase the limited edition Stars & Stripes 4th of July VT Collection: https://bit.ly/3z6VaLM THE VAULT 2024: Get Tickets to The Vault on ⁠⁠⁠⁠⁠⁠⁠https://bit.ly/3X1JBzm⁠⁠⁠⁠⁠⁠⁠ ANGRY PATRIOT SHIRT: Purchase the new "Angry Patriot" t-shirt for $34.99 at VTMerch.com: https://bit.ly/4c3WsW2 MINNECT: Connect one-on-one with the right expert for you on Minnect: https://bit.ly/3MC9IXE Connect with Patrick Bet-David on Minnect: https://bit.ly/3OoiGIC Connect with Tom Ellsworth on Minnect: https://bit.ly/3UgJjmR Connect with Vincent Oshana on Minnect: https://bit.ly/47TFCXq Connect with Adam Sosnick on Minnect: https://bit.ly/42mnnc4 Connect with Rob Garguilo on Minnect: https://bit.ly/426IG0R CHOOSE YOUR ENEMIES WISELY: Purchase PBD's Book "Choose Your Enemies Wisely": https://bit.ly/41bTtGD BET-DAVID CONSULTING: Get best-in-class business advice with Bet-David Consulting: https://bit.ly/40oUafz VT.COM: Visit VT.com for the latest news and insights from the world of politics, business and entertainment: https://bit.ly/472R3Mz VALUETAINMENT UNIVERSITY: Visit Valuetainment University for the best courses online for entrepreneurs: https://bit.ly/47gKVA0 TEXT US: Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! YOUR NEXT 5 MOVES: Want to be clear on your next 5 business moves? https://bit.ly/3Qzrj3m ABOUT US: Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida. --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

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get a rain check. Discover more value than ever at Loblaws, in-store and online. Conditions apply. See in-store for details. All right. So folks, happy 4th of July. I would have worn this hat for you and put it on, although we did one for different reasons, but Vinny's wearing his red Future Looks Bright shirt. Tom is wearing his red Valuetainment shirt. Adam's got his black Valuetainment merch shirt, and I'm wearing a nice Valuetainment shirt. Adam's got his black Valuetainment merch shirt and I'm wearing a nice

Valuetainment high-end brown shirt. What can Brown do for you? That's right. So we got a lot of stories to go through. You know, one of the things that I do want to talk about today, which is a crazy story of a man who did something that I think on 4th of July can hopefully inspire many of you to know that it's never too late to have a big victory in your life, especially like this man. Tom, how familiar are you with the Medallion Fund? We talked about it yesterday, right? Renaissance Technologies, Jim Simons.

I'm going to tell you this story here today. I think it's a good story for you to hear. Maybe we'll even start it off at the beginning, but we've got different stories obviously to go through. There's a lot of weird things going on right now. There's a meeting going on with the governors and the Democratic governors and the President Biden to decide what's going to be happening next. Who's going to be stepping down? Will the job be given to somebody else? Kamala on the other hand is saying, wait a minute, this is Biden and Kamala ticket, right? So if the $240 million you guys have raised, that's also my money, right? She's

going to inherit that money. That's a story we'll be talking about. Trump has $331 million raised in about Trump has $331 million raised in a quarter topping Biden. Biden blames world travels on poor debate performance. I mean, I don't know, guys, if you've ever traveled a lot and you have jet lag, does it ever last two weeks? Apparently, it's two weeks to have jet lag. And I've never heard of that before. And Tom told us a story and analogy that none of us got, but it was so entertaining. You have to be here to hear it. I hadn't had coffee yet. So then we had RFK's got two stories. You have my own opinions on what I think is going on here with RFK stories and media going

after him. Alleged sexual assault and another one is what? The barbecued dog, right? Pictured that surface rub that maybe will show that I think there's even a video of his reaction. Satellite images show expansion of suspected Chinese spy bases in Cuba. Oscar-winning Sean Penn blasts Hollywood for timid and artless gay agenda. What? The guy that played, you know, Harvey Milk is talking about the guy from Mystic River, one of the best movies of all

time. What do you mean? I am Sam. He went full retard in that one. Retard. Never go. So, anyways, we'll talk about that. Joel Olsteen speaks out after being slammed for his Simple Life tweet.

And people did not appreciate his simple life or whatever reason. Pakistan sentences Christian to death for blasphemous TikTok posts. And then nearly half Americans believe corporate diversity programs discriminate against white men. We'll talk about that. Major insurer gives brutal ultimatum to the entire state. What state do you think this is about? California. Wait till you hear what insurer is and how the ultimatums take. Gabe not even holding back. Mortgage rates post biggest

increase in two months, going back to over 7%. Holy moly, as if the real estate industry wasn't looking for some kind of good news, they got this one here. Manchin threatened to break with Biden before senior Democrats intervened. Chuck Schumer said, you can't do this, Manchin. You cannot do it. You guys have been friends for decades. Representative Lloyd Doggett becomes first Democrat in Congress to call for Biden's withdrawal from 2024 race.

USA Today poll, 41% Democrats want Joe Biden to quit. Reports, Kamala, Harris allies, seethe as white dems dominate Biden's replacement talks. And then we got U.S. sales of new cars barely rise in second quarter as buyers bulk at prices. Jobless claim. Layoffs rise to $238,000 and stay there nearly for one half year. U.S. trade deficit jumps in May to highest levels in 19 months. Again, a lot of things going on. We'll cover some of the stuff right now. I think the best story to start off with is President Biden blaming World Travel Force, poor debate performance. Rob, if you can pull this one up. And Biden admits he may have to drop out in days if post-debate events don't go well.

He even said in one of the interviews, I think, to his friends that he fell asleep in the middle of the debate. Like he literally says, I almost fell asleep in the debate. Let me read you a couple of these stories and then we'll come to you guys and then we'll talk about Kamala and then we'll get into some different stories here. All right, so let me see what I got here. Here we go. President Biden reportedly told an ally he knows he'll have to bow out of the 2024 race

for the White House if he can't turn things around in the coming days following last week's train wreck. The 81-year-old president has apparently pinned his reelection future on the ABC News interview and campaign stops in Pennsylvania and Wisconsin over the holiday weekend. The New York Times reported he knows if he has two more events like the debate, we're in a different place. He knows that. So the remark marks the first evidence that Biden is considering giving up his bid for second term after he and his team repeatedly rejected the possibility pre-June 27 debate.

He blames it on world travels. I think, Rob, we even have a clip of this one that he does that, right? Do you have that? I have Corrine Jean-Pierre talking about his jet lag. His jet lag travel. Anyways, you're hearing all these stories, Tom. Are these all excuses? What do you think is happening behind closed doors? I think there's three things happening behind closed doors. Number one, Biden and his advisors are circling the wagons and the core advisors led by Jill are saying,

Joe, you can do it. Everybody has a bad night. So I call that the denial camp. Then there's the second camp, which is the Kamala Harris camp, which is not to be underestimated. She is making points to people late last night. I read an article that she pointed at some people and said, look, if we had had a health issue a month ago, I'd be president right now. Why was I good enough to be on the ticket and I could be president right now already?

And yet now you want to say no and you're looking for other names on a national basis. So the Kamala Harris camp is very good points that they're making. And she's saying, look, I'm doing as good as Biden is, maybe a tick better in the polls, and everybody else is unproven. I've already been here. So that's the argument she's making, that's second. The third camp is all the people that are circling, such as, you know, Lloyd Doggett saying,

hey, you know, I really think you should step aside for the good of it, the first person to step up. And you have everyone else, which is two groups groups the groups that want him to step out because It'll help the other elections of senators and congressmen and then the people in that group Led by Gretchen and Gavin who are raising their hands that said we're ready We've been standing here and we're ready to go. That's what there's behind closed doors Pat in Public we all know Gavin's been saying the best president of all time and I've supported him. That's a front face. But it's Gavin and Gretchen behind closed doors. Is there any chance it could be Pritzker?

Do you need Illinois or does Gretchen Whitmer make a compelling point? Right now, you're down four points in Michigan. I can deliver Michigan. We don't win this without Michigan. Rob, can you pull up the chart stat was on VT.com, Adam, if you can respond to it. So go ahead, Adam. Well, this is sort of a head-to-head matchup. There's two charts that I'll just go fire through real quick. Basically, they do head-to-head matchup saying, if you were one of these Democratic candidates

and you ran against Trump, how would you fare? Somehow, in this poll, I don't know who ran this, Rob, if you ran against Trump, how would you fare somehow in this poll? I don't know who ran this Rob, but if you can see this, it basically shows that Biden and Trump are sort of in a dead heat. We all know that that's not too accurate, but the only Democrat who abundantly apparently could beat Trump is Michelle Obama. And I've been very candid that she's never ran for office. I don't think she's planning on running for your office.

It seems like a pipe dream. She's a hell Mary. She's the only Saving grace at this point and until that actually happens, I don't believe it'll happen But every other name I said in the last podcast there's only two names that you should focus on Kamala and Newsome All these other things I know Tom. So you went through it fast This is showing who matches up best with Trump. In this analysis, it shows Michelle's got an 11-point lead on Trump. Yes. That's scary. Yeah. Rob, who ran this? Is it Ipsos? Yes, and with Reuters. Okay, gotcha. So pretty credible source. So let's just say we believe this number. You know, what type of conversations are they having with Michelle Obama and Barack

Obama behind the scenes? You know they're involved at this point. You know, everyone's claiming it's a shadow presidency, Barack's been running the show. At this point, or they he's, they've been telling him what to do. But well, they didn't listen then. But every other name on this list, and Tom, you might think otherwise, like Gretchen Whitmer, JB Pritzker, people don't know these people. Their stats don't, don't match up. And it looks close here, but Rob, there's one other. This all comes down to name recognition. You know, here's what's crazy about America. Donald Trump and Joe Biden. If you look on the top right, the colors in gray, it shows the percentage of people that are not familiar with these names. One to 2% of America says they don't even know Donald Trump or Joe Biden is. Those are the Dimash people. So maybe Joe Biden fell in that case. He probably doesn't know who he is. So. But beyond that, everyone knows Michelle Obama, Kamala, even Gavin has a not a lot of name recognition beyond the state of California

or national electorate. But the JB Pritzker's of the world or the Gretchen Whitmer's of the world, people don't know these people. So if you just surprise Gretchen Whitmer as a candidate as if she's anointed, it would fail miserably. Yeah, and all her dirt will come out too because remember that fake kidnapping that they figured out they found out that the FBI had informants and they staged that entire thing and it was all BS. All her dirt is going to come out. Yeah. And Gavin has recognition.

Only 29% on this chart said they hadn't heard of him. Correct. 41% have an unfavorable view of Gavin. He's raised his head, but he's covered in California failure. The media is sort of presenting them as the next man up. But the reality is it's going to be Kamala if it's anyone. Which I agree with, but I hope. Let's remember when you saw that 40 to 40, it's a dead heat right now between Biden.

Because like you said, Democrats are going to go riding with Biden no matter what. But I just hope the independents understand the people that are kind of in the middle and realize it doesn't matter if they put in anybody, whoever the hell they put in, the policies are still going to be the same. If you like what's happening in America right now, nothing is going to change. This whole identity politics, she's a black woman, she's a woman of color, she's Indian. Let's not play that game, okay? She's an Indian woman which has nothing to do with what she's going to do if she gets in. It's going to be the same politics. And then Tom, what about the debates? Trump versus her in a debate, who wins that debate? I think Trump is going to come out on top of that because she's got to defend the same

economic policies and she comes from California where she's personally responsible for the three strikes laws and the disaster that happened. I mean if you look at this Tom, this is the unfavorability. Kamala's 57%. Behavior. That is nasty, right? She's within three points of Biden, who's got the economy stuck to him. And what do you call it?

Michelle is at 42. Gavin is at 41. So Gavin's unfavorability is lower than Michelle's so it's not as bad as you guys think it is and Then Gretch, you know the other three the reason why it's not a size because of them not recognizing it I've never heard of them Gavin Newsom 29% never heard of them. Okay, and then you got Kamala and Michelle and the other ones Okay, so now Trump yesterday is golfing, right? And somebody

records him. If you can play this clip, Rob, of Trump golfing and he's talking about Kamala and just watch this here know, he's quitting the rest. Is that right? Yep. I got him out of the way. And that means we have Kamala. I think she's going to be better. She's so bad. She's so pathetic. It's so bad. She's so fucking bad. So I just can't imagine. But can you imagine that guy with dealing with Putin and the president of China who's a fierce person? He's a fierce man. and the president of China who's a fierce person, he's a fierce man, a very tough guy. And they see him, they go, okay, they just announced he's probably quitting. So everybody is showing this yesterday, reacting to it. What are your thoughts when you see it? What do you react when you see what he says there Tom?

First of all, who in the circle is there recording off comments like that? Everybody's making off comments and you're going to be careful if you're running for president assuming that there's a camera in every Rosebush. I think... Is that a good look or a bad look for him? I think, look, it's an off the cuff look and if you know Trump, you know, I think a lot of Americans agree with what he just said. There's some profanity in there, but I think they agree with what he just said.

How do you see? So I think I thought it was kind of a good look in one regard. I think that's the authentic position, and it's not any different from the position that Trump has. Is it, you know, unfiltered and not as polished from a podium and someone's recording it off the cuff? Yes. But it is the way he feels. He says, you know, Biden's broken down. He is broken down. He says, Kamala is going to be the one. There's a lot of people, including me, that think that that's just the way the dominoes are about

to fall. And then lastly, he's making a great point. Who do you want at the table with Xi and Putin? Yeah, I don't think there's anything that Trump can say on camera or off camera that would change how the public looks at him. I mean, period. The grab them by the... Any other candidate in history, political history, would have ended their campaign the next day. Trump, double down on that. We've learned what Trump, he's the Teflon Don. Whether you like him or not, the guy can say anything he wants and get away with it. But he apologized. He apologized to what? To what? He grabbed him by the whatever. He goes, I'm sorry, it was locker room talk. He came out that day. I don't know if he's ever said the word I I'm sorry No, he said that that was locker room talk and that was guys

I was but in regard to this there had been mr. Plank that guy was secretly recording the president Which is a violation of Trump's private property policy. You can't be recording people while they're out there It's ridiculous, but this was like one of their gotcha moments. Oh, we got Trump No, no, everything that he said was absolutely true. She's horrible. Biden's horrible. The entire democratic movement is trash and I'm tired of people dancing around. No, no, it is Adam. I'm tired of people dancing around going, he's old or this or whatever. Take out and put anybody in there what's gonna change. The border's gonna be open. The economy's gonna be shit. Kids are gonna be sexualized. LGBT drag queen shows. Nothing's gonna change. So why are change, so why is it a complaint?

It has to be Trump. For me, when I see something like this, when they show the video, I think this does nothing to Trump. Thank you. Hard to help him, this is nothing, whatsoever. There's a part of this guy, knowing who he is, that he's glad it was him.

Yeah, you're right. I'm telling you, a power player's like, okay, thank God it's out, go ahead, that's exactly what I said, what do you wanna do about it, right? It's like, okay, thank God it's out. Go ahead. That's exactly what I said. What do you want to do about it, right? It's leaked. That's the conversation we're having.

Whoever the other guy is, you know, who knows the person that knows who that guy is, you know, do you understand what I'm saying? For example, if you're, the guy that recorded this meeting asked somebody if it was a good idea to leak it. Do you think this is a good idea to leak it? The person that also said it's a good idea to leak it because it's going to go viral and everyone's going to talk about it, you have to be careful with having people like that.

These are not in a circle, obviously. That would never happen to people in the circle. But you have to be careful with that. This is in a way, to me, the same level of carefulness you need to have with security around you. Security around you. Someone stepping out and saying, hey, another person that's standing there in between to protect the president. My concern right now is security. That's my number one concern. Between now and the next 120 days, whatever we got, there needs to protect the president. My concern right now is security. That's my number one concern.

Between now and the next 120 days, whatever we got, there needs to be better security. And this is a form of security. If you ask me, this is a form and an element of security that isn't at the bulletproof, I don't mean it in any way, bulletproof security that you need. This is a little bit of a leak in that security. I agree with you. I think this clip of him is a net positive. I don't think there's anything that's going to do anything to harm his numbers.

But Vinny, I want to address something you said about how the Democratic Party is a mess falling apart. You said it was shit. It is shit. I'll say it out loud. I'm going to give you a little movie analogy. And I think this is very apropos. You ever see the movie Titanic?

Of course. OK, what was the Titanic called? The nickname of the ship Titanic. The Titanic. It was called the Unsinkable Ship. So my argument at this point, the Democratic Party is now officially the Titanic. It was called the unsinkable ship. So my argument at this point, the Democratic Party is now officially the Titanic. It was the unsinkable ship, you know, Biden, it was the largest ship ever. Biden 80 million votes, everyone.

81, 81. 81 million votes. But what's happened, especially since that debate, is it hit the iceberg, bro. And what happened is the first thing that happened when they hit the iceberg, people were like, what just happened here? What just happened? And then to calm the passengers of the ship, what did they send out? The orchestra start playing the violin, nothing to see here. No big deal. All of a sudden there's disbelief. All of a sudden panic sets in. What's going on here?

The ship engineer in the in the scene in the movie. He's just like almost shell-shocked. He's disdained by the fact that He's dejected. Oh my god my ship this unsinkable ship. This is happening right now the captain of the ship There's a moment where he's seeing the ship the captain goes down with the ship He's contemplating life the orchestra still playing all playing all the circuits out there saying, he's, he's still our guy. This is what's happening right here. And the aristocrats, the donors are just like frozen in disbelief, but then it cuts to everyone else. And there's chaos, panic craziness at one point, a security guard shoots one of the passengers

that's trying to get on a lifeguard boat and that's what's happening right here and the orchestra leader says to his fellow bandmates it's been a pleasure playing with you guys that's what's happening the Democratic Party right now is they hit the iceberg there's panic it's chaos things are going crazy right now and we're gonna see what happens to the Democratic Party. I think it's okay. That's one way to look at it. I look at it this way. Right now you are hearing Dems come out and you're hearing aides come out and people come out and saying we have known this for a year and a half. We've known it for four years. Well, we've known

it further, but they're saying we've known this for a year and a half. We've known it for four years. Well, we've known it further, but they're saying, we've known this for a year and a half. And it's basically, this is like a crummy little apartment. And you walk into the kitchen at midnight, and you turn on the lights, and the roaches run. And I think that's exactly what I'm seeing. Everybody's running for cover. Everybody is now worried for their lives because

What you were not hearing and we're not seeing in the headlines that are in sub headlines And if you go deep I was up to 2 a.m. Reading on this you are seeing down Ballot people saying dude. I'm a US representative from you know district 101 in, Virginia I was up five. I've got a fight on my hands. And now I'm now I'm like one and a half. I'm scared to death because I need the coattails, you know, red wave. I need the blue wave to continue this.

There are representatives. This is going to reshape the Senate and the House. And I think the people what you're hearing, I stick to my three points. Biden's people are digging in. Kamala's people are saying, wait, this should be us. And then you got the people raising their hands, including Gretchen, you know, who's makes a serious case about Michigan. And then all the down ballot people are saying to the DNC, what the hell are you going to do about this? How are you going to help me save this seat? Yeah, and I'm happy as hell that it's turning out to be like this. Think about it. Kamala's bringing her crap. Jill Biden, who's sitting in Air Force One with the glasses behind the desk,

she doesn't want to leave because once this is done, she's irrelevant. I like this. This is fun. I like this. She's irrelevant. Dr. Jill, that's all finished. And then Hunter Biden, think about this, Tommy. Hunter Biden, a convicted crackhead degenerate is in the cabinet meetings with him now because he doesn't want his daddy to leave because if his daddy leaves, he's going to prison. You can say that, but I'll say this for Hunter. If Hunter is coming to his dad's aid right now, that doesn't surprise me.

And I actually respect that a little bit despite his background. So here's what I would say. I think right now with Trump, the less he does, the better it is right now. Yeah. Okay. Let these guys go at it and they're eating each other up right now. Okay. These meetings are going to be had and as a counter puncher, there's a couple things you can do if you get insider information Which is many times camps will do let's just say somebody's on the Biden Train on the inside. They're like, oh my god This is a shit show and I'm leaving this right and they give that information to somebody else

All right, you can you can play a certain game to say how do they know what our next move is? They must have somebody on the inside. You can play that game. Sure, there's ways of playing it. I just think right now everything favors Trump, but also at the same time, Vivek said something. Vivek said that they're going to delay choosing their candidate of replacing Biden as much as possible. Vivek said this. He says they're going to delay it as long as they can before they announce who the person

is. Okay, maybe even after the DNC. That's a long time. I don't know if it's going to be that long. It may be. I don't think they can wait after that. No, I don't think so. But a part of it for me right now is also, you know, he's explaining that the later the candidate comes, there's less time

to what do you call it? Prep for the debate? So here's if the Trump campaign is watching, here's an idea for a campaign video to make. Okay? Here's an idea for a campaign video to make. Campaign video may be the following. Look, I hope you're ready for one of two things. Either they're going to stay with this or they're going to stay with Kamala.

Regardless of whoever else they bring, one by one by one by one by one, you need to tell their story in seven seconds. Do you understand what I'm saying? If they bring Newsome, never forget these three things. If they bring Whitmer, remember what you did here. If they bring Pritzker, you have to play offense now to create a one-minute ad He'll post it on his Instagram account on Twitter That'll go viral and it's prepping on if they bring if they bring if they bring if they bring

And then you know when they do that you're sitting there like okay, alright So they just went ahead of it and they're taking the objections out So the market is ready for it. I think RNC needs to be intentional. I think you have to have certain guests. RNC is coming up, what, in two weeks? Something like that, right? When is it? Seventeen?

It's in ten days. It's on the 15th, so it's in 11 days. Okay, it's in 11 days. So the RNC speakers have to be very, very intentional. You need a couple surprise speakers at the RNC. Somebody behind closed doors needs to be closing a couple names to speak there that's going to be key people to speak. For example, let me give you an idea of what's a victory of speaking at the RNC.

Joe Manchin speaking at the RNC, a victory. And a couple names who have influences on the celebrity side, on the sports side, if they have a couple guys that are very intentional here, proactive. Maybe somebody in California that was a Newsome person that is explaining how bad things got in California. A former California person needs to explain that. Somebody from Pritzker, Illinois, what really happened under Pritzker? Somebody under Whitmer, that's a speaker at RNC. Somebody from all of these

possible places needs to come and tell the history. So one, I need celebrity status on surprises that I'm going to have. And two, I'm going to have certain speakers that are going to be proactive. So the other says, oh my god, how did I get that guy to speak over there? You tell him to get off the stage. You better tell him he's got two hours. If he goes on, I swear to God, we will never get... I mean, it's going to be that kind of a situation to take place. I think RNC could cause even more disruption for the left, because here's a question for all of us to ask ourselves. What's the likelihood if they pick somebody before RNC? Tom Bilyeu That who does? Dr. Rami Malik The left.

What's the chances? Tom Bilyeu Oh, I don't think that's happening in the next 10 days. However, something to consider in the next 10 days, Trump's probably going to have to name his VP by the time the RNC shows up. Dr. Rami Malik But let me ask you a question. Tom, do you think they're going to have Biden set aside before RNC? Tom Bilyeu No, I do not think so.

I'm 80% that I think it won't happen. There is only one scenario, and that is if Biden anoints Kamala and steps out of the way. If Biden verbally comes to the microphone, anoints Kamala and steps out of the way, I think that could happen before RNC. But I agree with the analysis that you're sharing that's also Vivek talking about that they need to delay it and it will not be ahead of the RNC if it's some sort of selection. Okay. Okay. So if there's some sort of selection. So you don't think that's, I agree that it's

not going to happen before RNC. Unless Biden and Kamala just do a power play and said, I'm stepping. Well, the Step Stephanopoulos meeting is when? Is it tomorrow? Friday the 5th. It'll be the news all over the weekend, 6 and 7. That's the Biden conversation, scripted conversation with George Stephanopoulos on ABC. Is that what you're referring to? Yes. That he's currently studying for. Oh, wait a minute. It's nap time now, actually. Well, Pat, just something to consider. I think you're absolutely right, Trump.

There's nothing for him to do this week. Just be cool, baby. Lay low. What did Sun Tzu say when your enemy is in the middle of making a mistake? Just step out of the way. Don't interrupt them. Don't interrupt them. That's what's happening.

Let them figure out what the hell they got to figure out. There's chaos. There's panic consuming over here. Just something to consider as far as, you know, numbers, you know as numbers, as the biz doc always says, words talk, numbers scream. Everything in life is about expectations. The expectations of what was going to happen in the debate. Here's a little fun stat for you. Six percent of people, I don't know what they were thinking, think that Biden exceeded expectations at the debate. They assumed him to do this. Six percent?

Six percent. Six percent of America probably uses alcohol and drugs and combined with the same time. This guy killed it, buddy. He's killing it. Falling off the boat. That was insane. The flip side of that. Did you see that unicorn in the back?

Exactly. Meaning the vast majority of Americans were not obviously understanding what he said in the famous quote, I don't even think he understood what he said. I don't know what he said. But here quote, I don't even think you can understand what he said. I don't know what he said. But here's the thing with Trump talking about laying low. 46% of Americans thinks that Trump exceeded expectations, meaning they thought Trump would do this and almost half America were like, oh, he actually did way better.

Why? Because I said this in the last post, he could have been way meaner and crueller to Biden. The rules helped him. He could have been like, what and crueler to Biden. The rules helped him. Like he could have been like, what is happening right here with this guy? This guy is falling apart before our eyes. But he didn't. He just said that one line that you sort of said you'd be in jail moment. I don't even know what he said.

I don't think he even know what he said. But I agree that Trump should just lay low until the RNC and then it's showtime. All right. So let's go to the next one here, Rob. If you can pull it up. Two things came up about RFK, right? So page six and seven, one of them is damning report reveals RFK's history of alleged sexual assault. RFK allegedly sexually assaulted a 23-year-old babysitter, Aliza Kooni, in Farsi, that's a terrible last name, in 1998, Kuni detailed in her diary that

Kennedy's behavior began with him rubbing her thighs under the kitchen table and escalated to him groping her in the pantry saying I was frozen, shocked. Kuni left Kennedy, how so tough to say that last name, household in 1999, writing in her diary about wanting to leave bad men behind and reveal the assaults to her mother in 2017. Despite not filing the civil lawsuit, Kuhn-ee went public in 2023, following Kennedy's announcements to run against Joe Biden, stating the incidents were totally inappropriate. Vanity Fair's report highlights a pattern of sexually aggressive behavior by Kennedy, including sending nude photographs of women to friends and photos of himself

at a barbecue. Dog carcass, his wife Mary Richardson called him a sex addict on medication. Okay, so these things came out. Rob, can you pull up one of the, this is the picture by the way, right? Is this the- Is that a real dog? That's a picture with a dog apparently. But where? What country? Wasn't this in Vietnam where basically there's, you know, Chick-fil-A, there's dog filet in Vietnam? Tom, what are you saying right now?

But hang on a second. So this is one, and then what's the other one? What's the other one with, you know, if you can pull one of the clips Rob, with him reacting to it, whichever one you have. I have both. Him responding to the accusations of him eating the dog and then the accusations of sexual harassment. Which one is shorter?

Just play this clip. Which one is this? This is the sexual harassment. Play this clip. You know, in terms of the other allegations, I listen, I've said this from the beginning. I am not a church boy. I am not running like that. I said in my, I had a very, very rambunctious youth.

I said in my announcement speech that I have, if I have so many skeletons in my closet, that if they could all vote, I could run for king of the world. So, you know, Vanity Fair is recycling 30 year old stories and I'm not gonna comment on the details of any of them, but it's, you know, I am who I am. You're talking there about the nanny situation.

I mean, I do have to ask her. I mean, are you denying it or not? I'm not gonna comment on it. All right, well, I gave you the opportunity and officially it's a goat. I didn't know. or not? I'm not gonna comment on it. All right, well I gave you the opportunity and officially it's a goat. I didn't know. Well if him saying hey listen I'm not a church boy, kinda is like yeah and rambunctious that means he was wild and did whatever he did back in the day and he's not confirming or denying so it's

kind of weird that he would say that. And I look at it like this, neither him or the nanny are saying there was ever you know consummated intimacy should it would a nanny talking about Cooney that yeah that yeah yeah got it Cooney her so she works for Kennedy's he rubs her thighs he comes up behind her in a pantry and the phrase that we have from the 80s and 90s cops a feel He rubs her thighs. He comes up behind her in a pantry. And the phrase that we have from the 80s and 90s, cops of feel, right? And then she says, I can't do this and I'm not going to leave here. She never says there was a relationship.

She didn't have an affair with him. She never says she was actually raped. And so he touched her. That's bad. And she felt reaction to that. But on the one to ten scale of, you know, you know, of assault, thank God she wasn't like cornered someplace and actually raped. Thank God there wasn't like physical, you know, trauma or something like this. Like we're reading about with certain other people and an entire island full of

visitors. You know, you know, it's terrible that she felt this way. And it's terrible. She felt she had to quit. this, like we're reading about with certain other people and an entire island full of visitors, you know, it's terrible that she felt this way and it's terrible she felt she had to quit, but she quit. And now 25 years later some network pays her, I mean she decides she's going to come out and say some things. I have a whole different view on this. If you remember what I said probably six months ago, five months ago. I said how much dirt you think they have on RFK that they're not bringing up yet. If for 14 years he was addicted to drugs, when you're on drugs you do a lot of bad things and stupid things. Okay so you know how many things they have waiting to drop on him left and right, okay?

Now why is it that they dropped it yesterday, on the same day, both stories? Why is the story being dropped yesterday? What's so significant about yesterday? Here's what's so significant about yesterday. This is, if you're an enemy on the left and you're wanting to be the candidate, and you want nobody else to be thinking about this guy, you have to kill his chances of candidacy now. Because no one on the left can say, how about RFK? They have to destroy him now. How long do you think they've had those two stories? How long do you think they've had the picture and the two stories?

Well, I think a long time. And I think... What's a long time? Probably 20 years. Okay. They've probably had the nanny 20 years. And that's nothing. And they're just picking the time for the character assassination of RFK. And I think

it's despicable that they're coming out right now, feeding the story so that Vanity Fair as the gunman on the grassy knoll as the DNC and the enemies of Kennedy's. Kennedy's are trying to assassinate his character. So here it is, another Kennedy put up for assassination. Weird. With no Secret Service protection. Oh, this is just, they're just getting warmed up. They're just getting warmed up. They're going to try to destroy this guy. Destroy him is what they're gonna do. I have one play for him that I think he would crush it. I think I have one play for him that I think he would crush it but

yeah, I think this is the beginning. I think the people on the left are saying eliminate the chances of this guy even being a possibility. Do anything and everything you can. I don't look at candidates and I sit there and I say, man, I expect this man to walk on water. Okay? I expect this man to walk on water. You know what's the one thing that I learned a long time ago from when you're in the Army, you do a lot of stupid things, especially when two and a half years you're sponsored by Jose Cuervo. Okay? And when you hang with Jose, Jack, good guy, Tito, Jim, Jim was chill. Jim was pretty chill, right? Tito's cool too. But to me it was Jose. Me and Jose always got along. I don't know what it was about Jose. There was always a good vibe

we had together when we'd hang out, right? You're going to have your moments, you're going to have your things that you do. There's a lot of great stories in the army a lot of phenomenal stories in the army, right? but later on One day I'm sitting down with Gloria all right. Okay, you know Gloria already. She's one of the most feared lawyers out there She's she's the one she's just she's legit at what she does She's the Michael Jordan of suing men and going after men, right? We sit down with the interview. It's heated. I love those. She is saying, what a bigot, what a diss, and I'm saying all this stuff you say about women, how come you don't have

a single partner that's a woman picture on the wall? You can't say that. You know how many women have, I said your front desk clerk is a woman, but your partners are men. Why is it that? So we're having that kind of a conversation, right? And then at the end, we're done. We're smiling, we're laughing. I said, are you okay if I put my hands around you to take a picture? She says, you see, that's all men have to do. You just have to ask.

He's going to look, okay. So you put your hands around, we take the picture, right? That's the most basic rule to keep in mind, young men, if you want to avoid getting in trouble, you can be respectfully audacious. You can actually ask any question you want, respectfully. Of course. Ask any question you want, just be respectful about it.

But all I'm saying is, this is high school level rumor that's coming. Wait till they bring out college, MBA, NFL level type of stories about RFK the next 30, 60, 90 days if he pushes even harder. Wait till you see what they drop about RFK. About Kamala. She's got a huge California history. I've already started seeing the video of her in a... What did you say, Tom?

She has a history in California, a significant history in California. Get in there, Tom. What is that? Talking about the Hawk Tool? Yeah, yeah. I'm talking about everything from the three strikes law and what it did to an entire generation of African American youths on minor drug possession charges that those of us that lived in California think is absolutely despicable what happened to that

and what happened to African American families to the open affair she had, which got her on the political on ramp. Willie Brown? With Willie Brown. Willie Brown! Listen, don't be off-swinging. In California, man, she was known as a girl with the most durable shoulder blades in politics.

Nice. Whoa, hello. Pat, so we had dinner last night, right? And you said, how does the magician operate? You know, sleight of hand, look over here, but it's really going over here. Redirection. So whether you want to call it a diversion, whether you want to call it a diversion. Don't ever say that to my kids, by the way.

Don't tell them, because it still works with Brooklyn. Brooklyn goes like this. Tico is still in God and there, but Brooklyn, I can still have fun with them. We all know the way to make magic is to create a distraction. And that's exactly what's going on here. RFK himself, he says, he's accusing the media of using this story of him with the dog, which turned out to be a goat with all these sexual misconducts, which I'll address in a second, from 1998. It just

resurfaced while he's running for president. Okay. It's just the beginning. He accused the media of this distraction to distract from, wait for it, drum roll, Biden's cognitive deficits. We know what's going on here. So it's all a distraction and they're just trying to basically bring him down as best as they can and distract us from what really what's going on here, which we all know is Biden's cognitive difficulties.

And that was completely highlighted after the debate. The debate changed anything. But you know what I'm so freaking sick of? Anytime they want to bring down a powerful man, what's the go-to playbook guys? We've seen it a million times. Sexual allegations, sexual misconduct. He did something inappropriate. Now, do certain guys and some guys, do they actually do that? Of course. Well, yeah Thanks, Diddy. We've seen it but the vast majority of times it's just a Distraction we've seen it and we don't go down the names here right now But the problem that the media is happening and that women are having is, you know, the little boy that cried wolf

It's turned into the little girl that cried sexual assault and You, you know, during the Me Too movement, 2017 to 2022, whenever you want to kind of put the timeframe there, the believe all woman slogan, all right, like, okay. And then it turned out, well, I can't believe all women, because it turns out they're all freaking lying half the time. Amber Heard, this out the other, we've seen people go on different podcasts, basically, brightly say, Brett Kavanaugh. Yeah, we've seen it go on different podcasts, basically brightly say Brett Kavanaugh. Yeah, we've seen it shows.

Yeah, RFK is just dealing with a lot of rich, powerful success with men have dealt with. And that's just the media and the whether it's the feminist, whether it's a glory already just coming at them using the same exact playbook. And the biggest thing that he has to overcome, quite frankly, and as someone that has dealt with this myself myself his voice issue God if he had just a normal voice or if we use the Rob battery computer So I think that's the biggest problem. Yes, because it makes a lot of sense the voice the basic thing in life, you know, man You have to try to avoid the coonies in your life and just try to live a good life, you

know, and it's not easy to do, but they're going to, the coonies are going to be interested in you, but you have to be like, no, I'm not interested. And I think probably less than 1% of the audience has any clue what I just said, but either way that 1%, we just had a very special moment together. All right. Let's go to next story here. Next story here, Rob, I got for you. If you can pull up, which one do we want to go to?

If you can pull up what Byron Donalds told that story, there's a clip of Byron Donalds on sage steel, I believe. Yeah, it's representative Wesley Hunt is sitting with Byron Donalds and they're telling him a story of what President Trump once told a Taliban leader During a meeting about the withdrawal of Afghanistan guys just Adam I'm just picturing Donald Trump saying it the way that he's saying it. This is hilarious Story, it's my number one favorite of all time when we were negotiating with the Taliban what President Trump was still the president President Trump wanted to get out of Afghanistan, but he wanted a conditions-based withdrawal. Meaning that you do what we tell you to do, and then we will start pulling troops back

slowly as long as you abide by our rules. It's President Trump and Mike Pompeo, and they are talking to Taliban leadership in the room, and they had one translator in the room. President Trump looked at the Taliban leader and said this, I want to leave Afghanistan but it's going to be conditions based withdrawal and translator translated and he said if you harm a hair on a single American I'm going to kill you and translator goes, the talk goes, Tell him what I said. Reached in his pocket, pulled out a satellite photo of the leader of the Taliban's home, and handed it to him.

Shut up. Got up and walked out the room. That is elite, bro. That is why you need that guy in office and not sleepy creepy Joe. Can you imagine that? One hair on one American and he goes, no, tell him, tell him in Afghani and he gives him a picture. That's not a flex, that's a promise. That's a promise.

That's a prophecy. Dude, and walks out of the room. Oh my God, you're not going to get that type of leadership or that type of strength from that's why exactly what Trump was saying on that golf cart. Can you actually see that happening? Once I was clear. Yes I can. And you know what?

America is a safer place when our president is thought by other people to be a little Kaiser Sose, a little crazier than they are. And they believe it. That's the language they understand. And in that moment, I believe that the Taliban would have come back and said, you know This this is not obama tom. I'm in the mood to watch freaking Usual suspects. Oh, i'm in the mood to watch that maybe it's kind of a kaiser So same moment the unusual suspects twice a week quick shout out to the unusual suspect channel that vinnie robin the crew is doing a great job

Oh fantastic go to the unusual suspect channel that Vinnie Rob and the crews doing a great job Go to the unusual suspects in human subscription check it out on the YouTube channel Rob put the link below for people to go subscribe Support their channel. Anyways, yeah, I think Good point you're making I sometimes Stories are told when somebody's trying to act tough and you're like, yeah, bro, you would never do that What are you talking about? But that story you listen to what do you say? There's's no way in the world. I can't see that not happening. I can see something like that happening Okay, I just wish he would have used a little more Trumpy voice in it. Like it was a good story It could have been a great story, you know, you know Trump probably the storyteller

You got right going on here. Your little mud hut. It's nothing great, nothing beautiful. That goes back to one of my favorite Donald Rumsfeld folklores, because it didn't go exactly like this, but it keeps getting repeated like this. Remember Donald Rumsfeld used to do his own press conferences? Here it is. Nothing's better than a good Donald Rumsfeld story. Do you remember these? And somebody said to him, you know, are we really winning here? They hate the United States.

There's going to be, you know, Al Qaeda are going to be demonstrating and they're getting a bunch of people together, are going to be demonstrating on Saturday at like 12 noon, they had the thing, and there's going to be like three, 400 of them demonstrating against us. They don't like us. What do you think of that? So this is Saturday at around noon 300 will be the same location just yeah, would you happen to have coordinates? Wow

Which is? Really the way Guys this might be a little controversial here, but why are two black guys voting for Donald Trump? I know he's here, but why are two black guys voting for Donald Trump? I know he's supposed to be the race. Oh, you mean one of them had a cowboy boots on. So I thought black people have to vote Democrat. No, no, no. That's it changed Adam.

Everybody's awake. No, they're actually identity politics. You have to vote based on your prejudices. One guy's from Florida. One guy's from Texas. No, it's not how it works. Like if you're black, watch your language. No, I'm just saying I Joe Biden said that Joe Biden did say that

your tone, your tone on 4th of July guys, watch your language. No, I'm just saying I Joe Biden said that Joe Biden did say that your tone, your tone on 4th of July, your tone on, I was told that you have to vote based on your race. It doesn't, you can't have independent Joe Biden's Joe Biden lied to you. I saw two Americans thinking for themselves. Why don't we, why don't we go to a spiritual moment right now? This is a sponsorship brought to you by Joel Osteen. Joel Osteen speaks

out after being slammed for simple life tweet. He faced backlash for tweet promoting simple joys despite his wealth and luxury lifestyle. Osteen's June 26 tweet on our anniversary of Nice of them and Brooklyn's birthday stated, it's the simple things in life that brings us the most joy. Advising that even those who may not have a lot of resources are blessed if they can look at the stars at night. Critics reacted, if you can look up at the stars from the balcony of your mansion, you're Joel Osteen, pointing out his $10.5 million mansion and $50 million net worth. Osteen dismissed the criticism as a distraction from his message of positivity.

He responded on X saying, The scripture tells us to guard our minds, be selective of what you allow in. If the thought is negative, discouraging, bring in worry and fear, do yourself a favor and don't let it in. When you're full of faith, praise, gratitude, you won't pay attention to any of it, emphasizing his approach to ignore negativity. Okay, Tom, what is your thoughts about the criticism he got with this tweet? Well, first of all, he's completely tone-deaf.

And what I mean by that is he projects this, everything that's wrong with megachurches, where pastors, the word pastor is to mentor, to heal, to bring message. And this guy is part of the American megachurch movement where pastors become mega celebrities and high wattage lives and he's sitting there with this tone deaf comment about the simple things that just didn't come off right because people see the image regardless of what you want as a meeting we were in yesterday, Pat, you have a reputation you may not like it but whatever you do, whoever you are, that's your reputation.

He's got this reputation. And so now he goes out there, makes a tone-deaf comment, and then comes back, Scripture tells me to ignore you, ignore negativity. Well, the problem is, is because he has got this positivity message, not necessarily a really grounded Christian message. And let me tell you something else. When those floods and that big storm came into Houston, he wouldn't even let Red Cross and relief agencies use their church. He had to be humiliated on TV and then come to the microphone and said, oh you misunderstood, we were always gonna let you hear. Wrong. They were on the record and he was embarrassed publicly.

It's that guy. Yeah. He you trust about anything that the way that he talks and he blinks. Yeah, it was August 2017 when he said that the church said that it was inaccessible due to flooding. However, the photos came out and the church was fine. This is like you nailed the time. This is the problem with these mega guys.

Everything that he says, he lies and he tries to do it. He's I don't believe this guy at all. At all. That's very inappropriate of you. He's a pastor. How would you not? I don't guess what? Not everybody's good. He's been writing the same book for 20 years. Your best life now. So followed up by now, your best life. Here's my question to you guys. Yeah. How do people fall for this stuff? You know, we're in the age that people crave and yearn authenticity. You know, they say like, this is the reason that podcasters or people on social media have broken through, whether it's PBD, whether it's Rogan, whether it's Russell Brand, it's just because they keep it real and they're not manufactured.

But then you have the Joel Oseans of the world or the famous televangelist of the world the TD Jakes of the world or the Kenneth Copeland's of the world or what was the famous couple a Jim And Tammy Faye Baker. Oh my how are you guys? falling for this You know listen I'm worth a hundred million dollars. I got a ten million dollar house 50 50 million dollar net worth hundred million net worth, whatever it's worth. And now you guys might be poor, but do me a favor, just pass around the tray and donate what you can. How are people falling for this? You know,

the whole people are sheeple. It just seems so fake. It seems so inauthentic, yet how many people show up to his church every single week? I don't know. I've got a completely different angle with this. Here's my angle with this, okay? So I've been to a service multiple times. I don't know if you guys have been or not, I've been to it multiple times, and it's a spectacle to go see what the place looks like.

My challenge with it is the following. It's your job as a pastor, if you're going out there and then somehow, someway, there was criticism of him driving a 458 Italia and then it was like, no, that's not true, he never drove a Ferrari. There's a rumor of him having three private jets and it's like no It's not really three private jets He goes on and he does it's kind of like the Kenneth Copeland guy Tom when you hear all these stories You know, hey, he lives in a 70,000 square foot house I don't know if it's a 70,000 square foot house, but it's a good-sized house in the backyard

You know that that's the house right there that he has it's a nice home That's Kenneth Copeland or Joel Osteen? No, that's Joel Osteen's house We'll have Kenneth Copeland Yeah, but no stay on this topic before you get off of Kenneth Copeland. It's to me, he's a phenomenal motivational speaker who's a Christian. That's what he is. Did you get what I just said?

I do. He's a phenomenal motivational speaker who happens to be a Christian. He's not a pastor. There's a lot of motivational speakers who are, it's like imagine if Tony Robbins was a Christian, what would you say? You would say, hey, Tony Robbins worth a half a billion dollars, what would you say? Would you say, I cannot believe he charges $50,000 to go to Fiji to spend it, why would anybody charge $100,000?

I would say he's not leading a church in Christianity, he's got his faith, he's got a business. That's the difference. The difference is Tony Robbins pays for profit and he has to pay taxes. The church is a non-profit and they don't pay taxes because under that code, right? Exactly. So I think he's a very, very good motivational speaker who's a Christian. You want to talk about who's a pastor? To me, a pastor is a pastor Dudley Rutherford. That's a pastor. That's a person

that I like to sit down and learn things from. One of the hardest jobs to have in America is to be a pastor. You know why? Because you're a pastor. Say you make a hundred grand a year. Most pastors don't make a lot of money. But say eventually you run a big church, you make two hundred grand a year. Let pastors don't make a lot of money, but say eventually you're running a big church, you make $200,000 a year. Let's say you make $300,000 a year. $300,000 a year in a state like New York or, you know, Illinois or California. R.A. No tax, man. No tax. A. Yeah. But the point is, then you go and see your friends, and then you see these celebrity pastors making $10 million a year, $20 million, and you're like, oh my God, you know, we're

trying to figure this thing out and da da da da da. And that's the battle of the job of being a pastor. It's not an easy job to have. That's why I plot the guys that actually do their jobs. It's easy for pastors. Most pastors who are great communicators from stage can easily, John Maxwell used to be a what? He used to be a pastor.

John Maxwell used to be a pastor. He stepped away from the church and he became a motivational speaker and a leadership coach. And what is John Maxwell's net worth right now? Can you pull up John Maxwell's net worth? Type in John Maxwell's net worth. I don't know what it is, but it's got to be a decent net worth. Okay, 10 million bucks. Guess what?

This guy's written the best leadership books. Every one of the books he writes, scripture's in it. He was a pastor of a church, I think 2,000 members, give or take. He chose to leave the church and go be a motivational speaker. Joel Osteen would gain so much credibility if he left the church and said, I'm going to be a motivational speaker. And then nobody would care if he made $200 million. The problem is the fact that you're a

Pastor yeah, that's the problem many motivational speakers are Christians, but not a lot of pastors have a net worth of 50 million dollars Whatever the number is Pat. Can I just ask you a question? I want to understand the mindset of the people that show up to that church who fall for this and There's a difference who fall for this. And there's a difference between... Fall for what? Fall for giving this guy or people like him, the Dee Dee Jakes of the world, the Kenneth Copeland's of the world, if you have a picture of this guy, the Jim and Tammy Faye Baker, a lot of these people have been proven to be sort of fraudulence, these televangelists. How do people fall for it? And I'm not saying that this is not a knock,

this guy, hey guys... I don't put Joel at this guy's level this guy's even worse is what you're so no this guy to me is is Demonic, okay. No, no Joel Osteen is not this I'm not saying he is I'm just I wonder there's even another guy right? Who's the other guy that him and the other guy did stuff together and the other guy had like seven private jets He's even more than this guy, but good You know how do people fall for guys like seven private jets because I need to be able to go to see my people around the world. This is not a knock on having faith or religion respect. This is when these organized churches, which you said it, they're 501c3s, non-profit, non-profit, non-profit, yet the leader of the church is worth a hundred million dollars profit.

How do you balance those two situations? How does the people of the congregation say, you know what, I'm going to go give this guy, I don't have a lot of money, but I'm going to give him a hundred dollars or a thousand dollars? Even this guy, Stephen Furtick, however you say his name, is a great motivational speaker, but he's also a pastor. Net worth 60 million. I don't know if this is right or not. Keep going. People of the church, Benny Hinn, this guy, 60 million. Keep going. Joel Osteen, he's number two. 100 million. Number one is gonna be that guy we just talked about. Kenneth Copeland. Hey, I need this plane. That guy looks scary as hell. Pray for me to have a new plane

so I can go see people all around the world and baptize them. So, correct me if I'm wrong, there were certain people in the church, you know, take a vow of poverty, a vow of abstinence. How do you turn into worth $300 million, multiple planes, multiple houses? I'm grappling with this whole situation, how people continue to fall for that. Tom has a breakdown on this. Go for it, Tom. It's very simple. multiple houses. I'm grappling with this whole situation, how people continue to fall for that. Tom has a breakdown on this. Go for it, Tom. It's very simple. All of us, all of us are born into a broken world and we are broken

people susceptible to all kinds of things. But one thing that we all share deep down inside is this hope. And there is a hope. It's been written, and I believe it, that there's a God-shaped hole in the heart of every man. And then all of us living in a broken life are looking to fill that hole. Now, we don't always understand it. And we see something that offers positivity or hope or something, and then we gravitate toward it.

And yes, sometimes people reach in and give money to those things, not seeing it. But I turn to the words of Christ himself, who gave a big caution. And he said, if you manipulate or cause any of these little ones to sin or to trip, it would be better that you are at the bottom of the ocean with a millstone around your neck when judgment comes. And so I think there's more waiting for... I worry for the hearts and souls of the people that are supporting false teachers. I worry for them. I don't wish the judgment that I read in the Bible

on anyone. That judgment will be harsh, fierce, and permanent Adam Your your the better question could be how did 81 million people vote for Joe Biden? I? Actually think about that right there's a how did 81 mil that is a church of Democratic Party, right? You know how did 81 million people vote for him? How do so many people fall for different people? you know it's vote for him. How do so many people fall for different people? Intuition is not, none of us are 100% ability to have intuition on people or read on people. Nobody's at 100%. We all are trying to do our best. When you get married, do you think you know everything about the other person? Do you think they're telling you all the stories, 100% the truth? Do you think you're telling them all the stories?

Do you think there's so many ways in life that you go through these things? That's where the risk lies. The only thing for me is I'm a big fan of John Maxwell. I want everybody to read his books. I think he's fantastic. And I've read Joel Osteen's books. I think it's very good motivational books. I respect the fact that John Maxell stepped away from the church and became a motivational

speaker and a leadership coach. Feardick gets a lot of criticism because some of the stuff that he says from stage is kind of weird. But if he stepped away and became a motivational speaker and he said he's a Christian, I think he would crush it. I think he would even make more money. And TD Jakes gets a lot of criticism as well. This Copeland guy is a weird guy, so I'm not even going to go to the Copeland guy. But there's a lot of people that fall for different things. But go ahead. Well, you asked actually a good question.

I was like, all right, that's where you're going with this. But it actually makes a lot of sense because what is the greatest motivator? Fear. So how did 81 million people vote for Biden? 81 million people didn't vote for Biden. You know the next sentence. 81 million people voted against Trump. So because they made him out to be the devil or Hitler or Mussolini or Stalin, whatever it was, but it turns out, well, it's actually not that bad. Turns out that he actually didn't cause World War III, he didn't cause the stock market

to crash. So a lot of people have woken up. Yeah, he didn't exterminate Jewish people. Yeah, like that whole thing. So you need an enemy. It drives me crazy. Thank you for that, Vinny. That's what I'm saying.

You need to create an enemy. So these guys, the devil, the devil's watching you. Now if you just donate $100, you will be immune from the devil and people fall for it i get it but uh i don't understand how people continue to just give these guys money time and time again as if that's what will give them uh sanctity in the eyes of the lord just give me your money where he's worth 300 million dollars this guy canna coplan oren's worth $100 million, and people fall for it. You know, fool me once. Shame on, shame on. Can't get fooled again. We know this. But I just, some people just continue to get fooled and it surprises me.

Yeah. Well, it is what it is. Joel Osteen, phenomenal motivational speaker. What a great motivational speaker he is. And a part-time pastor, but just a great motivational speaker. I love his motivational speeches that he continues to give. All right, let's go to the next story here. Let's see what we got. Okay. Can I tell you guys a story about Jim Simons? Is that okay with you? Rob, can you pull up Jim Simons, billionaire? This story ought to inspire all of you. So Jim Simons, who recently died earlier this year, his net worth at the time was $30 million. Let me tell you some interesting things about this guy. You ready?

Jim Simons gets out of college and he starts working for the NSA. He works for the NSA, comes out with a system to be able to investigate and find out what Russia was doing, just an absolute hero in the NSA. They love him until 1968 when he gets fired because he publicly criticized that the Vietnam War was a bad idea. Boom, the NSA fires him. Then he goes and becomes a teacher. I think he's teaching at Harvard, a couple different places.

Then he's messing around, and then at 40 years old, without a finance degree, he somehow gets into the financial industry, starts a company called Renaissance Technology. Renaissance Technology in 1982, he uses AI, Vinny, in 1982. Let me say this again. He uses AI in 1982, way ahead of his game. At the time, everybody who was hedge fund managers or funds that they would create, they would say it's not a good idea to trade any kind of the stocks faster than a week and a half.

Like you've got to let it sit and then he says, no, I agree with that he hires this guy from MIT comes in the two of them together start a fund called the medallion fund Using AI with a technology that was secret till today No one has access to but watch what happens with this Renaissance technology 1988 the fund starts 1989 they don't have the technology finalized yet, the fund does minus 4% in 1989. You know what it does the next year? The next year the fund does 55% return.

From there till today, I'll give you three funds to compare. If in 1988 you had a dollar to invest between S&P 500, Berkshire Hathaway, or his fund, medallion fund, to see how that money would do for you. One dollar. One dollar in 1988 till today. Okay, let me say it again. So you got S&P 500, then you have Berkshire Hathaway with Warren Buffett, then you got his fund. A dollar in 1988 invested into S&P 500, today it's $42. A dollar invested into Berkshire Hathaway in 1988 today would be $154. Killing it. By the way, both of them are ridiculous returns you're talking about. That means you put $100,000,

you now have $4.2 million. You put $100,000 on Berkshire Hathaway, now you have $15.4 million. However, if you would have put a dollar in the medallion fund in 1988, you know what it would be today? $44,000. What? Annual rate of return of 69%. No, you said $44,000? Okay, gotcha. $44,000.

For $1. For $1. Geez. S&P's $42. Gotcha. Bercha. $44,000. For one dollar. For one dollar. Geez. S&P's $42. Gotcha. Berkshire's $154. The dollar is $44,000. Blew him out of the market.

So guess what? That doesn't make sense. At the beginning when they're talking about this AI software that they have that's going to revolutionize all the funds, they say, you guys are out of your freaking minds. This guy gets so pissed off to prove his argument that they have the best fund, guess what he does by mid-90s? He says, moving forward, here's what we're no longer doing. We're no longer allowing anybody else to invest into this fund.

We don't want any more money. It's just current employees and previous employees and people that have already put money in the fund. So no more new money. Then guess what they do in 2005? In 2005, makes an announcement, everybody that has money in the medallion fund, you've got to get out. We're going to give all your money, you've got to get out. This is going to be us. We don't want any other new money.

So you know who ends up being the only people that have ever used medallion funds since 2005 until today? Only current and previous employees. 69% rate of return. You know what the net, everybody would criticize and they would say, well, their fees are very high. You know how much their fees are? Adam, do you know what their fees are? So let's just say you make 50% rate of return at Medallion Fund. Their fees were roughly 44 to 50%.

Did you understand what I just said? Their fees are roughly 44. And everybody would say, why are your fees so high? He says, because even after our fees, guess what their net returns were. You know what their net returns were? Their net returns were 39%. Did you understand what I just said? Their net returns were 39%.

So now you may say, well, what's 39% compared to everybody else? Let's go through it. You know who's the second best since 1988? Or even earlier than that? George Soros, 31%. You know what Warren Buffett was? 21%. You know what Ray Dalio's fund is?

12%. These guys' net after fees is 39%. And he got into this industry at 40 years old. What should this story tell you? This is a guy that eventually got into, he was a math guy, and in his 40s he was able to find his calling to do what he did. He made people so much money that now, out of the four funds, the Medallion Fund is the number one fund in the world that you can't invest in.

It's a secrecy. There's technology on the back end, everybody's trying to figure it out, nobody knows, and nobody tells anybody, and they're still destroying everybody. In an annual Berkshire Hathaway, Rob, pull this up. Type in Warren Buffett and Jim Simons. Type in Warren Buffett and Jim Simons on YouTube. That's the clip right there. Click on that clip.

They ask, the lady's asking a question, shareholders are asking a question, are you ever planning on using the quantum math that Jim Simons uses where Berkshire Hathaway, look what their answer is. Make it bigger, Rob. Go ahead. What do you think of quants? Jim Simons Medallion Fund has done 39% meta fees for three decades, which proves that it works.

Will you consider hiring a quant lieutenant in Berkshire to work alongside with Ted or Todd? Well, I'll say no to the second part. No, I'm sure we have a first part. Well, that's rather interesting. The leading quant fund did fabulously on the short-term trading. They found little algorithms that worked to make them add predictive value. And as long as they kept working, they just kept doing it, as long as the money kept coming

in. When they got to using the same system, just defining some little algorithm and trying to do it mechanically, for long-term stock predictions, the record was not nearly as good. And in the short-term stuff, they found that if they tried to do it too much, they destroyed their own advantage. So there was a limit on the amount they could make. But they were very, very smart. Yes, they got very rich.

Very, very smart. Very smart and very rich. And very high grade, by the way. Yeah. Can you pull up? So it's so, they dumb- Respect. Respect, that's the point. And high grade, by the way. By the way, pull up Rob with the link I just sent you to show the comparison so people

know on what happens when you, if you can pull this up Rob, this here shows exactly what I've been telling you guys, but it actually shows you the numbers so you can see it. Here's how they compare. Go all the way down, go down, down, down, down, down. You'll see, keep going down where it shows the funds they compare. see it. Here's how they compare. Go all the way down. Go down, down, down, down, down. You'll see. Keep going down. It shows the funds they compare. Keep going, keep going, keep going.

Right there. Right there, right above it. Right there. Look at that. Medallion Fund versus other legendary investment funds. Jim Simons, what number do you see? The return. Vinny, what do you see?

Green to the right. Annualized return. Quantum fund is George Soros. What do you see? 32%. Soros. What do you see? 32%. Steve Cohen. What do you see? 30%. Magellan from Peter Lynch. 29%. Berkshire Hathaway. 20%. 25%. And Ray Dalio is what?

12%. Guys, do you realize like what it means for you to do 39.1% 30 straight years? Tom, how insane is this to do something like this in business? This is beyond insane. And can I mention a number we both know? Sure. Is that OK? Yeah.

PHP was growing a CAGR, Cumulative Annual Growth Rate. It was a six-year CAGR of 35%, which was unheard of in the insurance industry. People would come in, sit in a conference room, and Pat would tell them the story about serving the middle class, saving America through free enterprise, and enabling all these wonderful people

to be insurance agents and have new careers. And they'd say, that's very interesting. And then Pat would say, yeah, half of them are Hispanic, half of them are female. The average is a 37-year-old female. And they would say, WTF, seriously? That's an incredible group. He says, yeah, and our six-year keger is 35% and they were like wait

What that is so hard to do that was unheard of and that was six years. This guy's been doing it for 40 40 Yeah, that's incredible Well the great thing about life and business is the following we had a meeting last time with our guys from bed David consultant Rob if you can go to bed David calm most don't know, we run a full-fledged consulting firm upstairs. If you go to bedavid.com, you can go all the way to the bottom and find out the 5x5 brochure, download it, look at it, watch the 22-minute video about how we consult with our clients.

But the conversation we were having with our guys yesterday, and you know, I was telling them, I said the challenge with most people in business is the following. Here's what I want you to think about. Think about how many people were in the room in 1988, 89, 2000 when Jim Simon said, we're gonna build the number one fund in the world and everyone's gonna want to come to us and we're eventually gonna tell the world no. And everybody had been shell shocked from the 1987 crash. That's right.

So think about it. Think about you're in the room and this guy's casting a vision. What percentage of the room should believe what he has to say? Not a lot, right? Because he has no record. Why would you believe him? His background is not the best. Who should believe him?

What percentage should you say, a little bit full of shit, you know delusional? He thinks very highly of himself. What do you think are those not natural things to believe? Of course, of course it is it's very normal to believe that but There's a few people that buy into a vision of what's gonna be taking place and they stick around Five ten fifteen twenty years later now imagine a people that stuck around that they have the money and the fund. Think about what happened to you. They're crazy. You're like, your family's begging you to say, hey man, is there any way you can give

me a no, man? Can you give me a job there just for one day so I can be part of the current or previous? They already know many people try to play games. They don't do that. They reach out to recruit. We can't get people to come in to work, right? If in life you have the opportunity to either be part of the right environment where you can win at the highest level or be somebody that goes and drives an idea to go out there and do something big with it, you're ahead of

the game. By the way, Rob, if you can pull up the one thing on, end of this month I'm doing a webinar, AI specifically, on how AI is disrupting businesses, and we're actually giving a white paper to everybody at the end of the webinar. Only the people that will be on it. It's a free webinar. It's Tuesday, July 30th, 6pm Eastern Standard Time. Go to that QR code and register because there's limited seating only for this webinar.

It doesn't allow us to have 30,000 people. It's limited to I think 3,000 people. So get your name in there because you'll get the webinar, you'll be a part of it, and you'll get the white paper. We'll actually break down a few different things that we're doing that's working for our end right now with David Consulting. But anyways, I learned about Jim Simons many, many years ago, but I got even deeper into the story sometime this week. I said the world needs to hear his story because they'll be inspired by this guy, Jim Simons. Pat, when you're talking about the AI technology that was happening back then and the fact

that it's still secret, how did he have that back then and why is it still, is it just like company secrets, they won't let it out? This algorithm stuff that they were talking about? Well, the average person, they'll say buy and hold, right? And by the way, the buy and hold principle for the average person is the right advice. The right advice for the person that is the average person, which is 99% of people buy and hold, dollar cost averaging, put $500 every month 30 years from now, it's going to turn into a couple million dollars, and don't worry if the market does this, and don't take your money out. This guy simply sat there and said, I... And the big ones in the S&P give you little dividends.

Yeah, and by the way, even Warren Buffett made a bet. He says, I'm willing to bet any fund manager that wants to bet with me a million dollars over 10 years, choose any one of your funds, you will not outperform S&P 500. So this guy named Teddy Cedrus, or something like that, I have a hard time pronouncing his name, he takes the million dollar bet. Just type in Warren Buffett million dollar bet SMP 500, Ted. This guy takes the bet, he says, oh, our funds are going to do better. He says, you choose your best funds.

And you tell me if they do better, what's his name, Ted Seedris, Ted Seedris, I don't even know how to say his name, but the hedge fund manager, Ted, takes the million dollar bet against Warren Buffett, and you know what the funds ends up doing? The S&P 500 over a, go click on that Rob so we can see the numbers, I think over a tenured period S&P 500 does 150%, 157% go a little lower Rob, I think it should be right there, yeah right there. The S&P 500 during that decade did 125.8%. But the guy that chose the five funds, his funds did 2.8% to the best one, 87.7%, which

means the professional money managers couldn't beat S&P 500 in 10 years. So even professionals who do this for a living, nine out of ten times, they don't even know how to beat the SMP 500. It's not easy to do, right? But this guy says, nope, AI, algorithm, studying, when to sell, when to buy, behavior. They figure that out with machine learning and math. Parents, whatever you got with your kids, if there's anything I can tell you guys, parents, encourage your kids to take math seriously.

The future of everything we do is going to be around math. Right now we have 15 machine learning people we hired. You know what these 15 machine learning people are working on? A new site will be launching at the Vault Conference. Only the Vault Conference people will see it first. A new site will be launching at Vault Conference where people are like, well, what do PBD Podcasts? Where do you guys get all these articles and stories and formatting and what are you guys using?

We're about to release it to you. And it's going to be information for people to be able to realize, here's how to get information. You're going to be able to get lopsided stories. What's the lopsided story on the, why is only the left reporting on this? Why is only the right reporting on this? What is the percentage of this story being on the left or the right? What's going on politically within my local? What is going on with sports? What is going percentage of this story being on the left or the right? What's going on politically within my local?

What is going on with sports? What is going on internationally? One news site save you five minutes, just go on there, boom, get the news, leave. Specific to what you're interested in, 15 machine learning guys are working right now on this website and will be launching that first week of September at the VOL conference. But again, everything is math, AI, machine learning. Those who learn, who leverage that will be competing in a marketplace Tom You were trying to say something. No, no, no, I you've you've said it beautifully

I just always remind people when you see stories like this look at it through the lens of history that bet started what year? 2007 right Ted Warren at the end of 2008 the S&P looked like it was pretty it was pretty behind in the bet. Remember that what happened in 2008 and yet over 10 years as Warren Buffett predicted, not only did S&P recover, it took off. And I look at that and I look at how at the beginning of that medallion fund how every money manager had been horribly embarrassed in 1987 by the mega crash and this guy is in 1988 saying look I know the smoke hasn't quite cleared Vinnie on your investment resources but we think we got a better way and you're like what are we talking about the whole market just landed on everybody everybody was wrong in one way or another 1987 this is terrible crash and you're telling me you've got some better way where were What are we talking about? The whole market just landed on everybody. Everybody was wrong in one way or another

1987 this is terrible crash and you're telling me you've got some better way Where were you a year ago? You have to look at things to the lens of history and kind of see just how profound and how amazing these outcomes were I love this story about Jim Simons. I'll kind of make it make it applicable to the common guy out there You know, you talked about active investing versus passive investing and how, what was it, 90% of active investors don't beat the market. So what's a different term for passive investing? That's just index investing, in which Warren Buffett basically says, listen, just buy the market. If you can't beat the market, just buy the market, aka buy the S&P 500 and just hold, or as the Bitcoiners call it, hodl.

Haktua. There it is, Haktua, that thing. But it's totally okay when you're an investor to be boring. And it's okay to be good, you don't have to be great. As much as I would love to be a part of this medallion fund, you can't get into it. But just buying the S&P 500 has served myself and many millionaires in America very well. And you don't got to be a brainiac to do that. So, you know, what did Steve Jobs say that the ones that are crazy enough to think that they can change the world actually do it. This guy,

he kind of maybe took a little bit of Gandhi in his thing. He said, you know, at first they ignore you, then they laugh at you, then they call they crazy. And then you went, this guy figured it out. Revolutionized, revolutionized,, then they laugh at you, then they call you crazy, and then you win. This guy figured it out. You won. You revolutionized the AI. Bottom line is, you can build wealth slow. YARO Let's go to the next story. Mortgage rates, biggest increase in two months, going back over 7%.

Breaking a three-week downward streak. The 30-year mortgage rate is at 7.03 from 6.93. The rate for jumbo loans increased to 7.11 from 7.04. The increase caused the market composite index, the measure of mortgage application volume to fall by 2.6% to $206.50 for the week, ending June 28. Purchase index fell 3.3% and refinance index fell another 1.5%. Homebuyers faced record high home prices and mortgage rates at the same time. That's pretty crazy.

Record high home prices and mortgage rates at the same time. That's pretty crazy. Record high home prices and record high mortgage rates. Orfi Devoguy from Zillow stated, there are not enough homes in this country and that's pushing home ownership out of reach for too many families with an estimated shortage of four and a half million homes in the U.S., Tom. Tom Hichman, CEO, Zillow Well, right now what it says, what we've been saying for a while, it says, if you can find a great rental in the market that you are in, and maybe live below your means,

under-consume housing, that's the play, and that's what I recommend to people right now. If home prices are at an all-time high, and you get a bonus, you got something, you think you can go buy a house right now, just remember, at the all-time high, your property tax is at the all-time high for that house, and also, your homeowner's insurance is-time high, your property tax is at the all-time high for that house, and also

your homeowners insurance is going to be high because you have to ensure the value of replacing the home, which is very high. So right now, if you could find a diamond in the rough in a market you're in and then maybe wait a year and a half and refinance, great, do it. But for most people, the best play is going to be be conservative be a little bit below your means save Hey, maybe rent and save with all the money You would have had to put out for the payment at that rate because fed rates are probably going to come down just a little bit under Seven by the end. Say that again. You want them to do what save that money and rent? That's that's crazy. That's exactly talking about

Where have I heard that before? And by the way, on Monek, people that have asked me on Monek what to do, I say, hey, I'm not an RIA, but if you want to talk about money saving philosophies, Adam and I may go at it a little bit, but he's a guy you could talk to about personal finance as well as great books like Dave Ramsey's Total Money Makeover. But right now, that's what it is for mortgages. And unless you find a diamond in your market, rent for now, be conserved to save, you will thank yourself once all the stuff starts moving when the Fed rates move

toward the end of this year and next year. I am conflicted with that. You know why I'm conflicted with that Tom? Because I think the moment rates drop. Okay, so chances of Trump become president, are you at 70%? I'm at, yes, I'm okay 75% to be excited. Let's just say she's gonna be president. What's the chances that? With the policies that he continues the way the market is gonna react are there Trump tax cuts gonna continue? Oh, yeah They're gonna be renewed. They're not gonna they want they're gonna be renewed. Okay. What's he going to do with driving the Fed interest rates? You think he's going to be able to bring optimism there? Yes. I think we'll be at 675 end of this year, and then next year, I think we'll be in mid-5. So I think he'll get it to 5.5 by end of next year.

So how does it work? Rates go up, prices go down, right? Rates go down, prices go up, right? Today, rates are going up, and what's happening with the prices prices are going up right on shortage of numbers to sell for sure But what happens if all of a sudden? Rates drop next year what happens to prices? Well prices in theory Should go up because more people are demanding But right now the American consumer has got more debt than they've had in the last 32 years. Totally get it. But if that drops, if the rates drop,

people are going to be buying homes, not a lot of inventory of homes. You don't have a lot of options. And that will push the prices up a little further in better markets. So to me, I'm very careful with this, guys. Here's what I've learned for the last four years, specifically COVID era. During the COVID era, what do we learn? And not only the COVID era, the last 128 economic expansion plus the four years of COVID, a lot of things are unpredictable. So whatever you choose to do here with the house, whether you buy it or you don't buy it, just be ready for the risk both ways. There's a whole faction of people that are saying the stock market's going to crash.

There's a community that believes that is also coming, that you can't take that off the table, where just too many weird numbers are moving in a direction that something can all of a sudden happen. So it is a risk you've got to take, but the way I look at it is if you're an average day-to-day person that's got a wife and kids and you need a house, if you want to make the house your family's house so you can create some memories in it and you're planning on living in this place for more than five, seven years, you have less to worry about. Because even if the rates drop in two years, what can you do?

Refinance. You can always do that. But if you are at a point like this and I'm sick and tired of renting, I'd like to get a place, I keep delaying this, what do you think I should do? Make the decision if it's a five to seven year move. If it's a one year, two year move, oh absolutely not. I wouldn't be touching it. Now next story I want to get into.

Major insurer gives brutal ultimatum to entire state. State farm issued an ultimatum to California demanding to raise home insurance rates by 30% for homeowners, 36% for condo owners, 52% for renters, or it will exit the state. Let me say it one more time. State farm is giving an ultimatum to Gavin Newsom demanding to raise home insurance rates by 30%, condo 36%, 52% for renters, or else they're leaving. You know how embarrassing that would be if they also leave the state of California? Insurance Commissioner Ricardo Lara acknowledged this has the potential to affect millions

of California consumers and the integrity of our residential property insurance market. So they know they better do something. The move by State Farm follows a series of insurers, including all state farmers direct limiting or seizing operations in California due to rising climate disaster risks. Laura promised an extensive review of State Farm's financial condition before making a decision as wildfire season is underway. State Farm claims that without the rate hikes, further deterioration of surpluses anticipated and emphasized, rate changes are driven by increased costs and risks. Tom. Well I also read into this, so I dove into this a little bit. Do you know what on the

last five years is the increased rebuild cost. Five years going back, 2019, right before COVID, right now, what is the total inflation rate on the labor, the subcontractors, and all, you know, copper, lumber, drywall, all the things you would have to do if you're state farm because you're gonna pay people to rebuild your house. Half burned down, all burned down, rebuilt. 31% increase in the

rebuild cost. So the insurers are looking at it saying, wow Vinnie, you know I'm not trying to gouge you here. If your house burned down right now in California, it's costing me 31% more today than it did five years ago to rebuild that. And part of your insurance is going into a pool, only some of the people have a house burned down and out of that pool has to come the recovery or the rebuild cost. So there's also the rebuild cost and then there's also, they're calling it climate change risk, but this was the state mismanaging its relationship with PG&E because PG&E and these ancient transmission lines arced and caused the Northern California wildfires of

the last three years. It's a fact. That's what caused these. It was mismanagement. They didn't get out and cut the timber and make what's called fire lines where you can see you fly in an airplane and you'll see the high tension wires or the power lines with like little valleys cut in the trees. They didn't do that.

They didn't take care of their own forest. This is bad management by the state of California. They can blame it on climate disaster, but the reality is there were more wildfires and PG&E was responsible for them and they were let off the hook by the state of California and all of it comes to State Farm saying look there's more risk of wildfires and it's costing me a fortune for these things to be burned down. I can't afford to do business with you, Gavin. Well, this is one of the many reasons I'm going to go a couple of different directions here, but I'll make a point.

This is the reason that Gavin Reu-Nusim is not going to be the candidate that replaces Biden. By the way, I just sent you some updated stats. Officially, Kamala has in Vegas' eyes, surpassed Biden as the potential candidate. I don't know if you can find that real quick. But if you actually look into the, you know, here's some numbers for you. Donald Trump, you asked what the percentages was. 60% is the likelihood that now Donald Trump is going to be the president. Kamala is now 17% and Biden is 11%.

Um, Michelle Obama is still hanging on at about 5%. Gavin is at 3%. So it's the Kamala show at this point. Like this is the first time in four years that Kamala has surpassed Joe Biden as the most likely democratic president. What's my point? It's not going to be Gavin because basically all these stories that we talk about constantly about what the shit show is at California. Once it hits the national electorate, they're like, yeah, we can't, the numbers just don't support this guy. You know, when

the Santa's brought out a poop map to basically say, here's what's going on here. What do you think Donald Trump is going to bring out to basically displace Gavin Newsom? But when it comes to the home prices, when it comes to the fact that $23 billion, how much did they just misplace when they're fighting homelessness in California? Billions. You know, all these insurers that are leaving California is because there's a four letter word that Gavin does not have in his side, and that's M-A-T-H math. When you look at the math, the cost of living in California has skyrocketed. What you're getting, the bang for your buck of what you're getting in California has plummeted.

And the numbers just don't support this whatsoever. So ultimately it's going to come down to supply and demand. And I'll make a little analogy here. I live an hour away in Miami. We all know this sometimes. I'm like, oh shit, traffic is crazy. This is the I got here in 25 minutes today. Why?

Because it's July 4th. Nobody's on the roads. It was incredible. The price was half the price of what it typically costs to Uber here in the morning. The market right now is basically saying, dude, you can't live in California. It's too expensive. Insurance costs too much. The housing costs too much. The property tax is too much. Math is not on Gavin Newsom's side or neither are the odds. That's one question though about the whole, with Kamala and whoever, whatever, even though with these type of odds, and Trump is pretty clear the favorite, do you think that they're going to try anything crazy? Yes. Seriously. I don't know what your question is. Stay on insurance guys, I'm not getting off insurance yet, I want to stay on this. So climate change driven insurance

crisis threatens new states, California is one, Florida is one, Louisiana, guys. I'm not getting off insurance yet. I want to stay on this. So climate change-driven insurance crisis threatens new states. California is one. Florida is one. Louisiana is one. This is not something that only California is dealing with. Geico full-on left California. Geico shut down all of their offices and shut down California. It was like six months ago.

Rob, can you Google insurers leaving California? Just type in insurers leaving California. Type that and let's see what comes up. Two more insurers. How recent is that? That's April. Type in news. First one right there.

Right there. Click that down. What insurer companies are leaving California? No, no. Go, yeah, what insurers? Zoom in. Tokyo and Trans. No, those are not.

And joins State Farm and Allstate in discontinuing coverage for California residents. Do you realize State Farm and Allstate, how big these guys are? So can you imagine, you're now buying a house, you're like, I don't even know who to get my insurance from right now. These are high quality companies. These are high quality companies leaving. Now, Rob, type in, just to be fair to California, type in, insurers leaving Florida. Insurers leaving Florida. Type in and let's see what comes up. Zoom in a little bit to see if that claims insurance. Florida,

33% over compared to 9%. Litigation. Florida's legal environment has made it easy for customers to sue their insurance. Florida is increasingly affected by costly and frequent natural disasters. Yes, the price of reinsurance is rising. Makes sense. Scams insurance companies are increasingly fed by scams. Totally get it. And then go Florida insurance crisis worsens as farmer pulls out. Remember that? We talked about that on the podcast. I even made a specific video about it. Some insurance companies have left Florida. United Property, Casualty Insurance Company, and five other property and casualty companies since 2017. Other companies such as Nationwide, Progressive, Southern Fidelity, and Universal have also left or non-renewed policies in the state. Nationwide is big, Progressive is big, but if you think about it, Allstate hasn't left yet. And I don't

think farmers worsen as farmers, state farm hasn't pulled out yet. And these governors have to be very careful to realize you can make life hell for insurance companies, but insurance companies are for-profit companies. You're not paying them with taxpayer money. They have to find a way for it to make sense for them to do business in your state. So it's going to be interesting to see both California and Florida how they manage this. This could be very nasty. I am so curious to know how California responds to the demands given to them by...

30% more. Yeah, I'm so curious to know how they respond. That's a lot of money though, isn't it Pat? 30% more for your tax for your house? Insurance? It's not because they're going to profit 30% more. Yeah, the prices are going up. It's just going up.

They're like, what am I going to do about it? It's expensive, right? What increases it? Crime, weather, theft. These are basic things. I'm not going to insure cars in your community because everybody's stealing cars from your community, period. What do insurance companies ask when they get auto insurance? How far do you live

from your place, right? How much do you drive? Okay, do you have a garage? Do you have a garage? Do you live in a gated community, right? How many miles are you going to put in this car? Why do they ask these questions? So they want to know if you have your liability. That's right. They're going to ask us, so what do you think if now go to a state, what's the crime of a state? What's the homicide? What's the this? What's the accidents? What's the car theft? A basic question on a boardroom would be why are we doing business in a state that crime is increasing the way it has the last four years? Why are we doing business in a state that homelessness is at the highest

level? These are very good questions. The governor's job is to lower that, eliminate that, make it safer so insurance say, great. Or hey California, every couple years, the other day we're driving on 405 freeway. You know what's the first thing Jennifer and I said? Were you with us? No, you were in the other car because there's two cars we're driving. Jennifer's like, babe, I don't think I've seen this 405, you know how you go 405 freeway and you're going through the Getty Museum, parking to the left?

I can't remember the last time I saw it being this green, because normally it's black or brown because of the fires, right? And I said, well, babe, all this means is fire season's here. Because enjoy this, because it's probably not going to look like this for too long. They have to figure out a solution for these wildfires that happen. Because insurance companies are not going to ensure. You look at these houses, they're right next to the green on the mountain. You're like, why would I insure that house?

Why would I insure that house if I'm an insurance company? So they're asking logical questions, not a greedy questions that they're asking. But we'll see. We'll see what's going to happen there. Next one here. Nearly half of Americans believe corporate diversity programs discriminate against white men. Okay, discriminate against white men. Okay, discriminated against white men. Let's see what this story is all about. Here

we go. Boom, boom, boom. What page is it on? 10 or 11? Can you see what page it's on? Top of 11. Is it top of 11? Okay, here we go. Nearly half of Americans believe corporate diversity programs discriminated against white men. A Rasmussen report poll found that 48% Americans believe corporate diversity, equity, and inclusion programs discriminate against white men, with 26% saying it is very likely. In contrast, 38% do not believe DEI is used to discriminate, while 18% say it's not at all likely, and 13% are unsure. The poll revealed that 38% of respondents think DEI policies make corporations

worse, while 29% believe they make companies better. Among those very familiar with DEI, 54% say such policies make companies worse and 60% believe DEI is likely being used to discriminate against white males. Political affiliation influences perceptions of DEI. 51% of Democrats think DEI makes companies better. 58% of Republicans say it makes companies worse. Additionally, 68% of Republicans believe DEI is used as an excuse for discrimination against white males, a view of shared by 36% of Democrats and 42% of unaffiliated voters. The fact that it's 36% of Democrats agreeing, that's a very big number. Tom, what are your thoughts on this?

Well, I think finally, finally, finally, the polls are coming out and people are coming to their senses. Remember, DEI during COVID was just absolutely forced on people. If you're not DEI, then, you know, we're going to boycott you and we're going to do this and Chef Boy RD, you're out and Aunt Jemima, you're out. All of this stuff that was coming at that time. And now we're finally getting polls out to see what does the average person think and what are people saying? And they're looking at it and they're saying, I don't know about this DEI thing. You know, we want to hire the best person possible. I don't care what color you are. I don't care what your lifestyle is. Are you the best person possible for this job? Most people share that view and people are looking around and saying, you know, you're making an excuse to say, okay, well, I'm not going to hire the white men

because that represents legacy America, and so I'm just going to cross those candidates off, and then I'm going to go look at these other candidates. And by definition, that is discrimination. When you say, I will not consider these people for their gender, religion, race, creed, country of origin, whatever that is, I'm not going to consider you. And if because I don't want to or I feel something about you. That by definition is discrimination. And so DEI in far too

many corners was a reverse discrimination program and now people and polls are calling it out. Well I don't care what these stats show. It's almost irrelevant to me. I think we all understand what DEI actually intended to do and what it actually did. On the surface, DEI, diversity, equity, inclusion, these are all great things. But when you actually look at the practice of what these things did, it did one thing. It's like, oh, you're a straight white man. Well, get the hell out of here. Why are you here? Why? Why do you even show up for the job interview, buddy? You're exactly the opposite of who we're looking for. And I love that. I love that AI company that basically said, we're no longer hiring for DEI. We're hiring for MEI, merit, excellence, and intelligence.

Because the whole premise of DEI, what it sought out to do was give people jobs and give people opportunities that actually didn't deserve those opportunities. There's the exact opposite of what affirmative action was set out to do initially, which I think the Supreme Court actually took down affirmative action about a year ago. Because it's essentially the difference between the truth and my truth. Well, we're all solving for the truth. We're all solving for equality, the equality of opportunity, not the equality of outcome. And we've seen company after company after company, basically hemorrhage in people's

eyes when it's like, yeah, your DEI thing, United Airlines, where 50% of people are going to be pilots. Yeah, it turns out 95% of pilots are actually men. How are you going to make that happen? And because people, Boeing, half the time, Boeing's flights don't show up to where they need to be. They're falling out of the sky. The basic premise of a flight is let's get these people where they need to go. The story we did last podcast, John Deere and the other tractor company, where they're like, yeah, we're not going to do this DEI thing because it turns out the people that like to drive tractor trailers and buy this type of products are just all just white men. It's like you're not going to get gay black midgets to start buying tractor trailers. It's not their thing.

Bud Light learned a lesson. How much Bud Light lose over the last Eight billion dollars or whatever was you can't just put quotas Into things and then just say listen. We're trying to make things even it doesn't work that way. It's based on market It's not based on supply. It's based on demand and it's based on merits It's okay. Let's just admit it It's okay to be racist if it's just towards you guys white just straight white men We're middle eastern. We're in a different category, but they just made it that it's totally okay And di does not work. Dei got us Karine Jean-Pierre. You got Kamala Harris

You got Sam Britt and the LGBTQ people that are stealings stuff It just does not work and it's just ridiculous that you guys get the Ascent of it because it's totally cool to be you. You can't be racist towards anybody. You get canceled except straight white men and you can't have public opinions. Yeah, sorry. So why are you a straight man? This is the D.E.

I thought this was a costume or like a character on a show. This is Sam Britt and he's the guy that was stealing like black woman's clothing from airports and then wearing it. The lady was like, wait, that's my dress that he's what tell him who he actually was and what was his job he was the head of what like he was in the Biden administration nuclear physicists or something like that he's no he had a guy he had a high he had a high-ranking job but it's like these this is what happens you get cream Jean-Pierre's you get people like this that's him what was

his job Rob served as the deputy assistant secretary of spent fuel and waste? Disposition in the office of nuclear energy a fan phenomenal hire I'd like him to spend as much time with radioactive waste as possible. Oh, yeah Rachel Levine the whole crew checking all the boxes. Let me tell you how embarrassing is this that the guy that played in a movie called Harvey Milk is starting to get to a Point that he thinks it's losing credibility Oscar-winning a-lister Sean Penn blasts Hollywood's timid and artless gay agenda What is this is not a Kevin Sorbo? This is not a Gina Carano. No, no, this is Champagne. This is elite Hollywood. What? Champagne criticized Hollywood's current approach to casting, stating,

it could not happen in a time like this. It's a time of tremendous overreach. It's a timid and artless policy toward the human imagination. He expressed frustration with the industry's focus on reality-based casting, which he believes limits creativity. Penn highlighted the issue with real representation, explaining that having a straight actor play a gay actor invites backlash. He criticized this focus, saying it prevents projects from being artful. Have a straight actor play a gay actor, and the whole project is short to invite a media lecture on real representation.

Penn critiques extend to the broader impact on the film industry where diversity initiates, overshadows storytelling. He stated, it's not just the casting that's timid and artless, it's the writing, directing, and marketing, suggesting that the emphasis on diversity results in hammer-handed political propaganda

rather than genuine artistic expression. This is from Daily Caller. Adam? Well, it's just, you know, we saw after the debate when Van Jones was like, yeah, I love this guy, but this can't be done. So when your people are on your team, your A-listers, who's the other girl that looks like Trump with the hairdo? Joy Reid, your girl? She's lost it again today. When she's saying, yeah, this can't be what it is. When the Hollywood elite, when the Hollywood

insiders are like, yeah, I can't stand for this. That's where you know, it's the proverbial jump the shark moment. When the Sean Penns of the world, when the Mark Wahlberg's of the world are like, yeah, I can't do what's going on here. And we've seen what's going on in Hollywood. We talked about this before when DEI takes over and the Snow White and the Seven Dwarfs movie comes out and they're like, well, we can't just actually literally have seven dwarfs because we got to diversify and equity and conclusion. And that's where they got tall, short, fat, round, black, white, white, like, no, you

just like, there's not that many opportunities for dwarves out there. And then it's, so there's a, there's, you showed this picture out here, those are the seven dwarves. You get the tall guy, you get the short guy, you get the gay guy, the black guy. It's like, there's one dwarf and then like one, and then like a Mexican short guy. Um, but this is, this is what you get. This is what you get when you try to manufacture and check all boxes. There's a new term. We talk about the equilibrium. How every four to eight years America gets bipolar because we tried Trump, not with Trump, we tried Biden. Now that ain't it. Let's get back to Trump here and then this will

happen here. But at least we have the ability to have buyer's remorse. These corporations and Hollywood, when they put in these DEI checklist manufactured things for movies, that's when the Little Mermaid, she's black now, Snow White, she's Latina now. So there's a new term out there. There was a term out there when you're whitewashing history, right? The Native Americans were whitewashed out of history. Great, we get it. Like now there's a new term to call them blackwashed, where Denzel Washington, he's now, he's getting a backlash because he's playing apparently the emperor of Rome, whatever the thing is. I might not be right. It's gladiator too. Okay. Was that what it was? But it turns out there's actually was

no black emperor of Rome. Like it just wasn't a thing. So now the backlash that you're getting is, or white people who have been, you know, the patriarchy are like, yeah, I don't, I don't know what's going on here. Is this a term I've never even familiar with black watching history or you're feminizing history. It's the equivalent. This is like, I use the, um, I just thought of this. It's the, um the I use how the Democratic Party is a sinking ship like the Titanic. It's the equivalent at these times. You know,

what do they say when something's happening? Women and children first. Now it's men first, especially if men are pretending to be women, you can come first. It's just complete flip flop and the equilibrium will basically show that this is not what it's gonna be. I think I've said my piece here and I think when you try to you know make a portrayal and you're trying to You know be equal and yet you have these societal forces out there that are forcing you to fake it It ends up looking it ends up looking weird. You know, there are, you know, the gladiator movie.

I can't comment on gladiator two and who's running it. They're doing this. But if they're trying to make it authentic to history, you know what? The emperors were Italians, you know, basically by our current demography. And when you try to fake it and do things, you end up looking just ham-handed. And that's one thing that Sean Penn said. He said you end up with ham-handed political discourse, not artistic expression. And if you're going to do a period piece, and a period piece in Hollywood terminology is a film placed at a time and period with authentic you know structures you know makeup and wardrobe

to portray the realities of that period it's a period piece it's Renaissance you know I think I agree with Sean Penn you know when you when you force it you end up looking really bad and really clumsy and I think that's exactly what's happening here. Yeah. Well, good for Sean Penn for coming out and saying what he said. I'll do the last story and it's kind of leading into a podcast that's coming out next week that I think a lot of people will be shell shocked with why the man agreed to speak as

much as he did. Jeffrey Epstein's former assistant, Sarah Kalin, dodges prosecution. She's dodged prosecution for sex trafficking, despite being repeatedly mentioned in his grand jury files from 2005. Kalin was named three times by Epstein's victims in the transcripts of a court hearing in Palm Beach, Florida during the original investigation into the late pedophile sex trafficking ring, the victims described her greeting them at his now raised seafront mansion and then leading them upstairs to the massage room.

Once there, Kellan set up the oils for the massage before Epstein arrived and sexually assaulted or raped them. One victim described how she contacted Kellan to make an appointment to see Epstein. The first of hundreds of times she would go to this house to be sexually assaulted. So Mark Epstein was at the office, 5990 Rob was the last Saturday, exactly a week ago today. He came in and we did a two hour interview together. Rob, should we show just the, we should show the, what do you call it?

The trailer? The intro? Oh really? Let me see if I can grab it. Yeah, I have it if you want for me to show it. This is the brother of Mark Epstein. Jeffrey Epstein. I'm sorry, Jeffrey.

Mark Epstein is the best. Okay. This is the brother of Jeffrey Epstein who came out and was only supposed to be a short interview of going back and forth on a few different things, ended up turning into a full-on hour and a half, nearly two-hour conversation. Rabbi, I just texted it to you. And he talked about a few things. He told me who the mentor was that influenced him, Jeffrey Epstein.

He talked about a phone call that Jeffrey called him one time saying I'm about to be in trouble. He talked about, you know, we talked about so many weird things, but Rob, just play the intro. Don't want you to play the whole thing, just play the intro. You guys are the first to see this, by the way. I'm the first to see this, by the way. You know, but to be killed in a federal prison, maximum security, federal prison, not any

Joe on the street could pull something like that off. Who would have the ability to put that together? Oh, you're kidding me. Come on, man. It gives me the impression that you're trying to say he's covering up for Trump, is what you're saying. Well, a lot of people have suggested that that's who ordered the hit He said that if he said what he knew about both candidates, they'd have to cancel Did you ever go to the island with him did he ever take you to the island with no

I was on that island once it would have been the highest bail ever in the United States What was the number but highest bail at that point time was 100 million dollars? So you guys were willing to put on more than a $100 million bill? Yeah. It's hard to make six figures. It's harder to make a million. Six, seven hundred million dollars? How do you make that kind of money?

You make good investments. Come on, Mark. You don't give me naive vibes. Not at all. If Israel had access to that information, how much influence would they have to be able to get U.S. politicians to do for Israel what Israel wants to be done for them? If they had it, they would have influence.

I just want to find out who had my brother killed. And I want to find out why. Okay. I can't wait for this to happen. I can't wait. What do you mean? You were there. Or you weren't there. Well, first of all, I haven't fully seen it myself again, and I can't wait for this to happen. I can't wait. What do you mean? You were there. Oh, you weren't there. Well, first of all, I haven't fully seen it myself again, and I can't wait to see it.

It's that interesting because, you know, it's, hey, let's just stick to the fact of what happened with the suicide or killed himself. And then that led to speculation. What about this? Who played a mentor? Who taught him this upbringing? Your relationship? Were you guys close?

Were you not? What did your parents raise you as, what was your father teach you? I wanted to know everything. That's what I was interested in. And a lot of information. I've seen every single one of the interviews he's done, and I can tell you there's 60% of material that I've never seen Mark ever talk about that'll be on this one that's released next week.

Let me ask you a question. You said something yesterday you said it's sort of like the three rules of figuring this out it's like how, why, and who. The motivation. Yeah. Walk us through those three things. I said I said I said what's more important to you the how or the why? He said neither, the who. I said I said the only we can find out the who if you can find out the why. He says we already know the how. the why? He said, neither, the who. I said, the only way you can find out the who if you can find out the why. He says, we already know the how. He didn't kill himself.

Somebody killed him. I said, so why would somebody kill him? If you know why they would, you'll find out who was behind it. And then he said something about Trump. I'm like, you know, I see you always going and saying that it's Trump and you're eluding to that. There's no way it's gonna be Trump protecting this

from being out there because the establishment's not on his side. If there was anything with Trump linked to this, you know how quickly they would leak it to the world and destroy his life? You can't keep speculating the way you do with that. But anyways, I think, Rob, we're releasing this both on Twitter, on PBD Podcasts, and we're releasing it on YouTube. I think it may go live Monday, may go live Monday, but stay tuned. Whenever it does, people that are very interested in this story will be going crazy.

You told us that story about what he did after. I don't know if you want to say that, about when he left. Oh yeah, he left and he came back and he wanted to explain to me the definition of, I don't even want to tell you. You'll see it on Monday when it comes out. You just have to see it. It's fascinating. Specifically, the mentor side was fascinating, which came out accidentally and then asking

him if he was a Mossad agent, if he did, how much did he help Israel? Anyways, we're going to see what's going to happen with that gank. More importantly today is 4th of July. I hope you are as thankful as we are to be living in the greatest country in the world where you and I can have conversations like this still until today. And sometimes when we get close, when we can't have it, I think we need to fight for it and be vocal and do our part, but we don't just sit on the sidelines and think it's just a regular day. I love the recent Monex that we're getting, all the contests, the people participating

in this last one, because it's a golf score method. So a lot of you guys that I've downloaded, I don't know how many new people I got Monex from yesterday that I'm having conversations with. Rob, if you can put the Monex QR code for those that are competing, you can go to Manek.com to see the Leaders Bulletin. It's also on the app. Most important thing on the Manek side is we are talking to one another. You're able to communicate with others, which I'm excited about.

But Tom, I got a gift for you. I got a gift that I want to give to you while you were gone. Can you give this to Tom and have Tom open it up so the audience can see it? I thought it's just you need a prop in front of you while you're doing these podcasts. I think something's missing and I think you have officially qualified to have your own bobblehead. Can you turn it around so the audience can see it? That's the little biz doc, you know, bobblehead. Can I see it? know that's actually looks like Tom that's the little biz doc you know bobblehead can I see it it's such a look at this something that's kind of cool they gave him a gut oh they gave Tom a little bit whoever did this took this very seriously because it's a little too close. Look at that. Hey, everyone, how you doing? Stats, stories. Stats.

And how you use them. That is so, who made that, Pat? Do we even know who made it? I can't tell you. I tell you, I'd have to take it out. The most accurate thing about this? No, we had somebody, some designer made it. The most accurate thing about this,

I don't know how Tom does it, zero gray hair whatsoever, gray beard. It's incredible how they did it here, right? It's a miracle of nature, but there's no miracles in my hair. Anyway, Tom, happy belated birthday. I gave you one other gift, but we wanted to give this to you live on the podcast as well. Kang, happy 4th of July. Enjoy your day.

Hopefully you guys don't work for a ridiculous company that makes you work tomorrow on a Friday. Horrible. If that's the case, let me know who your CO is. I want to send him a nice gift because those people deserve a raise who are still driving tomorrow. We will still be here tomorrow ourselves. But enjoy the rest of the day with your family.

Happy Fourth, everybody. God bless. Bye bye.