PBD Podcast - Tucker Interviews Putin, Rogan's New Spotify Deal, Elon Musk Going to Rehab | PBD Podcast | Ep. 362
Episode Date: February 6, 2024Patrick Bet-David, Adam Sosnick, Tom Ellsworth, and Vincent Oshana discuss Tucker Carlson travelling to Russia to interview Russian President Vladimir Putin, Joe Rogan's new Spotify deal worth $25...0 million, and the Wall Street Journal's report that Elon Musk is being urged to go to rehab over his reported drug use. Purchase over $100 in VT merch today and qualify to win a free ticket to The Vault 2024: https://bit.ly/49ls1Jt Protect yourself against Central Bank control with - American Hartford Gold: https://bit.ly/3QzMjHd Learn more about American Hartford Gold: Text "PBD" to 65532 or call 866-939-6984! 6:01 - Patrick announces new VT Merch special - purchase over $100 in VT merch today and qualify to win a free ticket to The Vault 2024! 9:40 - Tucker Carlson reportedly interviewing Russian President Vladimir Putin. 20:05 - Joe Rogan resigns with Spotify for a reported $250 million dollars. 29:04 - Patrick recaps his interview on Bill Maher's "Club Random" podcast. 43:22 - Border security deal is approved by Senate, but how much is actually going to securing the border? 1:05:09 - Luxury home values to decline across the globe this year, Jerome Powell expects the Federal Reserve to make three rate cuts this year 1:15:31 - NYC hands out $53 million in pre-paid credit cards to migrant families. 1:23:32 - Joy Reid blames hot mic issue on Texas Governor Greg Abbott. 1:28:01 - Vermont is debating a 'millionaires tax' after Massachusetts added $1 billion to its budget and paid for school lunches with a similar tax. 1:33:34 - Viral video of how the elites are controlling the media to keep the masses from "waking up." 1:42:02 - Netflix new "Alexander" movie promotes a homosexual agenda. 1:43:59 - Decades-old footage of Vince McMahon being accused of sexual harassment. 1:52:29 - Father loses custody of son after refusing to transition him. 2:00:46 - Wall Street Journal reports that Elon Musk's friends tried to urge him to go to rehab. Connect one-on-one with the right expert to get the answers you need with 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 Purchase Patrick's new book "Choose Your Enemies Wisely": https://bit.ly/41bTtGD Register to win a Valuetainment Boss Set (valued at over $350): https://bit.ly/41PrSLW Get best-in-class business advice with Bet-David Consulting: https://bit.ly/40oUafz Visit VT.com for the latest news and insights from the world of politics, business and entertainment: https://bit.ly/472R3Mz Visit Valuetainment University for the best courses online for entrepreneurs: https://bit.ly/47gKVA0 Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! SUBSCRIBE TO: @VALUETAINMENT @vtsoscast @ValuetainmentComedy @bizdocpodcast @theunusualsuspectspodcast Want to be clear on your next 5 business moves? https://bit.ly/3Qzrj3m Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N 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
Transcript
Discussion (0)
30 seconds.
Did you ever think you would make it?
I still am so close like a tape with victory.
I know this life meant for me.
Yeah, yeah.
Why would you bet on Goliath when we got bet David?
Value payment, giving values contagious.
This world of entrepreneurs, we can't no value to haters.
Now they run, homie, look what I've become.
I'm the, I'm the one.
Say what, man? Say what? Say what?
Say what?
Home team, episode 362, holy moly.
We got a lot of stories.
I feel like it's been a minute, but it's not because I think we did a podcast last Friday,
but a lot's going on.
The great Joe Rogan got a quarter of a billion dollar contract, renews with Spotify.
I have some thoughts on that.
Congrats to both of them.
We'll talk about that.
Tucker Carlson, Spotted in Moscow.
What's he doing there?
No one knows.
Drinking a meal.
Is he playing a game?
Is he there to watch a show?
Is he there just kind of going family vacation?
Like, you know, you know, Bernie Sanders style.
Is there like a 25 year anniversary to like re, what do you, what is it when you're married and you want to do it again? You're like, there's a you know, Bernie Sanders style, is like a 25 year anniversary to like re,
what do you, what is it when you're married
and you want to do it again?
And you're like, there's a word for it, Tom.
What's the word?
Re-invigorate, what is it?
You not re-celebrate.
There's like, you, you recommit your vows.
You recommit your vows.
Maybe he's recommitting his vows,
but CNN lost their minds.
They hate that.
They're deeply concerned.
He could be in the caviar tasting floor.
Maybe it is a valid concern and we'll address that.
That's their guy. How dare he? Aside from that
50 cent blasts Mayor Adams for wanting to turn him into a quarter, but given
$53 million of prepaid credit cards to migrant families and Mayor Adams
responds with a request to say, I hope 50 calls me,
and if he likes what I have to say,
maybe even says something in his next song.
Like he's saying, can you put me a next song?
We'll talk about that.
New York City wants to give 53 million dollars
of prepaid credit cards to migrant families.
I'm a migrant, I'll take some right there.
Elon Musk got some issues with Tesla.
They didn't approve his $55 billion pay package,
was struck down.
He was told to go to rehab.
Anyways, we got a bunch of stuff there.
We'll talk about the stock out.
It's doing luxury home values to decline across the globe,
not across the country, not across California
or the States, the globe, right?
That's a ball.
It's gonna decline and Tom's got some
numbers for Austin. Nikki Haley makes a surprise appearance at the SNL and it was so good that
she's about to drop out of South Carolina. That's how good it was, but it is what it
is. And she says, new States can't succeed because people are worried about Texas leaving
and cause Texas, they're forcing Texas to do some stuff with the border. And what if
Texas wants to leave and you know, become its own republic?
We'll see what's going to happen there.
Pulse with Trump.
This is a bad part.
Joe, if you're watching Joe Biden skip this part on a podcast, it's not, I don't
even think he watches anything.
By the way, do you guys know he was asked for the second year in a row to do the
traditional Super Bowl three minute interview?
You know, he turned it down for the second year in a row, turned down the traditional
three, you know, every year, the president gets like the three minute interview. You know, he turned it down for the second year in a row, turned down the traditional three, you know, every year the president gets like the three minute interview.
You know, they can't have, they can't have them.
That's right. By another hot mic, Joy Reed had a hot mic moment, had to go on the view
and defend herself as a Christian non war person that doesn't like Abbott and blamed
it on Abbott. The whole thing with the hot mic was Abbott's fault. You know that, right?
Abbott said, say another FN war. That was all Abbott texts and it on Abbott. The whole thing with the hot mic was Abbott's fault. You know that, right? Abbott said, say another FN ward.
That was all Abbott Texan saying, you better say it or else.
And he forced her.
That's what's going on there.
So a lot of drama going on.
We don't, again, this is pure speculation.
Allegedly folks, these are insurance wards
that we have to use.
Baby boomers are approaching peak burden on the economy.
Adam's deeply concerned.
We'll talk about that.
Fed expects to make three rate cuts this year. You know that scared a crap out of the market and a market tanked because
they wanted more rate cuts, not three. They wanted four. They wanted to do what LeBron
said, not one, not three, not four, not five. Nats, have you seen this when he's going to
Miami? We're going to win. Of course.
Vermont is debating. Vermont is debating a millionaire tax.
Massachusetts added one billion to his budget.
What happened?
Ben and Jerry are the billionaires.
Oh, then Vermont, yes.
Massachusetts added $1 billion to his budget
and paid for school lunches with a similar tax.
That loses custody for refusing to trans son.
How dare he?
How dare he?
You're not letting your kid choose his truth.
That's ridiculous.
Who cares if he's only 11 years old?
He can think for himself.
Yeah, he's like six years old.
Yeah.
This kid was how old?
I think he was a, he was too young.
He was way too young and the mother was pushing him.
By the way, if you guys watched 60 Minutes this weekend,
excuse me, 60 Minutes showed showed China a video I'm gonna
show you guys this is a crazy video I don't know his yet the other 100%
video that that in China is going viral on tiktok showing Chinese people how to
cross the border to the US I'll show you this video. We'll have some fun with
China. Don't they have one of those things that Trump was talking about?
All yeah, they have the great wall. Well, they definitely know how to go over while
they're their pros at it, but border deal to cut illegal immigration. They're calling
the border bulb border border deal. But wait till you see the money. But when we break down
the money, you're going to say this is not the border deal. This is called the Ukraine deal. Yep. When you see
the data, former Tesla director Larry Ellison invited Musk to Hawaii to dry out from, you
know, drugs apparently reports. This is insider. Obviously, inside, it doesn't like anything
Musk does. And there's a few other things here. American hustle dime. Maybe we'll get
into that and then we'll address
a couple other videos.
But before we get into it, I want to give you guys a couple things to be thinking about.
We had a meeting early this year, Monday, January 3rd, and I said, I want the merch,
Future Looks Bright, to be in one million people's hand this year, okay?
I want a million people wearing future
looks bright hats. My concern isn't about the the the margins
or any of that stuff. I want to fight off all the negativity
that's going on in America by having a million people in the
streets. The other day I was at Universal Studios. We had a
great time this weekend. Amazing. We went there hanging out
with trans people at what do you he called the the Mardi Gras. When I'm saying I'm not joking with you, there was 50 trans LGBT dancing,
talking to all the kids that were with us. Hi, half naked, not talking to us. They were like this.
They were men. They were literally and they were on on still. Yeah, bending down talking to the
park coordinator. And I went up this week and not Disney Universal Universal and Tom expected Disney Universal
I mean they're kind of connected and then Tom goes up to one of the guys that
worked there and as I'm walking away Pat he says you like the is it a good life
was interested I get you go to me is this part of you guys and then I walked
away to the bathroom Tom was checking them like how was this cool but Dylan was
talking and he said yeah what is wrong with these guys that to do it here?
Ten-year-old kid was upset about it. Anyways, but I'm wearing a future looks bright shirt the
Purple and gold the one that was a limited one that we did last week, and I'm wearing a purple and gold
What do you call it these hands right? I'm wearing these I I think we have like 30 of these left. In honor of Kobe.
In honor of Kobe, yes.
And I'm wearing these and everyone's, you know,
future looks bright, future looks bright,
future looks bright, conversations, right,
that are being started.
Why is that?
Because people don't believe the future looks bright today.
Scares the crap out of them.
When they see somebody say future looks bright.
So this is what we're doing today.
For anybody that purchases,
any purchase you make today
on the store with a minimum of a hat, you have to buy a hat.
Obviously if you do an order over 70 bucks shipping is on us, but anything you order
with the hat that says future looks bright.
We have a lot of different colors, the blacks, the military, the white, the red you pick
and choose.
You can even do these, but any orders you make today, we're gonna do a raffle, okay?
And on the Thursday podcast, we're gonna announce two winners
that are gonna get a ticket to go to the Vault Conference.
It's a $750 ticket to go to the Vault Conference
on the house because we want you to spend three days with us
in Palm Beach at the Vault Convention Center.
We'll be at the Palm Beach Convention Center
to make 2025 the beginning of the greatest years of your life.
And when you're around the vitamin audience, they're just like you. If you follow this content, you're like, I follow this content for this reason.
Imagine being in a room with 10,000 other people that believe the future looks bright.
So again, Rob, put a link below for anybody goes and placed the order.
By the way, I even think we have a campaign going right now that if you buy a hat, you get
a second one for free. And again, if you order $70 plus, we're sending the shipping and handling
will be on the house. Again, a million people, I want wearing this worldwide, confusing the hell
out of everybody that thinks the future looks bleak. I want it to be future looks bright to
start a conversation because that's what this brand represents for entertainment that the future looks bleak. I want it to be future looks bright to start a conversation
because that's what this brand represents,
that the future looks bright.
There's the link right there for you.
Buy one, get one free end of those hats.
And once again, on Thursday we'll announce two winners
going to the vault with us.
Love it, to spend three days with us.
Having said that, let's get right into it.
Okay, I'm gonna do a story first Rob.
Let's go into the Joe Rogan story here.
So Joe Rogan, oh, let's do Tucker Carlson since that's the first one they want to do. Tucker Carlson being
spotted in Moscow sparks frenzied speculation this is Newsweek okay
dramatic so former Fox's host Tucker Carlson recent presence in Moscow where
he was seen attending the Bolshoi Theater on February 1st has ignited
speculation about the purpose of his visit, particularly whether he aims to interview Russian Valium Putin during his
trip Republican representative Marjorie Taylor Greene expressed excitement about the prospect
of Tucker Carlson interview with Putin emphasizing the importance of individuals like Carlson
and upholing a free press Democrats and their propagandas in the media are spazming at the prospect
of Tucker Carlson interview and Putin against. This is a news week story. We have a free
press in this country and it's people like Tucker Carlson, who we depend on to speak
the truth in response to these speculations. Kremlin Press Secretary Dmitry Peskov referred
to Carlson's prior interview attempts with Putin and stated,
we'll have to wait and see whether such an interview materializes.
Okay, so before I give my thoughts on this, Vinny, what are your thoughts about this year?
I think what he's doing is amazing.
I think in the same sense of Trump, when Trump was like for years, when he was like, what
is wrong with trying to communicate with these people?
How are you going to ignore an enemy? Why not sit down, talk to them, find out what's on
their mind? I think Tucker going there is amazing to have a conversation to see where
he's at, but notice how the left is losing their mind bad because they can't make him
look like he's a human being because everything from the Putin price like to the Putin war,
everything has to be negative, negative, negative. Don't talk because guess guess what if you make him into a normal civil person then it's harder to
call him an enemy on the news and try to start a war with them that's what it is
Tom what are your thoughts on this well I think Tucker's trying to be a part of
the media we've had things where you know a while back when I was a young guy
I saw Barbara Walters interview Fidel Castro weird and that was back when hey
it's a free press going to a foreign country trying to interview
a controversial world dictator to see what he had to say.
Is there a humanness under that?
Is there an opening there?
Is there something to say?
Is that the one?
Look at that.
Look at that.
Wow.
Yeah, this Barbara Walters went and interviewed Fidel Castro.
So why is it so freaking crazy and that the press is losing its mind? The Tucker Carlson wants to follow in the footsteps of Barbara Walters. You
know when you read about her bio she was a journalist from the Walter
Cronkite era. She ended her life a little bit, now what we would call maybe a
little woke, but she was a journalist. So why is it so crazy that the Tucker
Carlson goes to interview Vladimir Putin to see what he's gonna say and to see
if there's something there.
It doesn't mean that he's being buddies with him
and taking him quail hunting
that Tucker likes to do in North Carolina.
It means he's over there to talk to him.
Why is that so bad?
Adam.
Look, I think people wanna see this interview.
Of course. We had this conversation
of who's on your top five, top 10 list
of people you'd love to speak to. Putin is on that list. I don't understand the obsession, especially
on the far right fringe that are pro-Putin people. There's definitely talk of that.
I don't think Tucker is pro-Putin. I just don't think he is pro the war in Ukraine.
The most ironic thing to me though is this. We're talking
about this free press conversation. Uh, when there's no free press in Russia, Russia has
ranked 148th out of 180 countries. According to the reporters without borders, press freedom
index. The beautiful thing about America is we have the first amendment, freedom of the
press, freedom of expression, freedom of religion, freedom to gather, everything we understand about that. So it's just interesting
that the bedrock of freedom of press America, Tucker Carlson, arguably the biggest reporter
in the world right now, is going to speak to the dictator known as Vladimir Putin potentially.
Yeah, and by the way CNN showed they're like, yeah, and he is in the Kremlin where he's getting a free battery charge
without having to worry about the Wi-Fi would be inspired on and you know, obviously the news is saying and
CNN is making fun of the fact that you trust the Wi-Fi in Russia. I don't know if I trust the Wi-Fi in Russia
I don't know if I'm you Wi-Fi in Russia. I don't know if I'm, you know,
when you go to places like this,
you have to know, you don't necessarily know
what they're gonna be doing to get access to you.
You have to assume 100%,
especially if your name is Tucker Carlson,
that they're probably, you have to use a fresh laptop.
You have to go with a fresh computer
that's nothing else is in there.
If that makes any sense.
You have to be prepared.
You have to think like a, you know,
a person that would be involved
in some kind of secret intelligence
to see how they would be thinking.
And I'm sure he, him being who he is
and his camps filled with some sharp guys
that we've spoken to a couple of them.
I'm sure they're thinking that way.
But at the same time, competition's always intimidated
by a guy that's willing to get on a plane
or fly to Russia to go interview somebody that
everybody else is so afraid of interviewing or
You you don't want to talk to because it's opposing ideas. Look for me. I
Have my business plan here. This is very sacred. This is only mine and nobody gets to read this
This is only for me and it fires me up when I write my business plan like this and I laminate it
It starts off with a letter to myself
and I got a list of guys that I'd like to do certain things
with, you know who's on my list of people
I wanna talk to this year?
Maduro.
Maduro's not a right wing guy.
I wanna talk to Maduro.
I wanna talk to certain people who are hardcore socialists.
I have certain people on here that I like to talk to
that a lot of people would say, you would talk to him?
You would talk to her?
Yes, I'm curious, okay? We just did a podcast with Bill Maher. I enjoy talk to him you would talk to her yes I'm curious okay we
just did a podcast with Bill Maher I enjoy talking to him I wish you wanted
different direction but I enjoy talking to the guy because it's to see why is
this person why does this person think the way he does I'm excited to see what
he does in the interview and odds wise do you guys have any odds on what you
think whether the interview is taking place or not based on how the
Media from Russia. What do you think the percentages? That's actually he's there to interview Putin I think 90% I think 90 what do you say? Yeah, I'm above 85% will do like prices right where you 85% Bob
I think it's highly likely that's why he's there. So yeah
Where you are? Yeah, yeah, Rob. You think it's gonna be happening? I'm 50 50. It's either Putin or Snowden. It's either Putin or Snowden. Yeah. Snowden's
hiding out in Russia. Yeah. But either interview would be fantastic. Well, how about this?
When maybe both? When's the last day? Maybe both did an interview with Megan Kelly. While
Megan Kelly. What year was that? Oh, six six years ago five years ago, so it's not
When she first went to NBC is when it got done so whatever that time he tried that so Tucker tried to have an interview
We'll pull him before but we were that we wouldn't let him or something
And they were America was spying on him right according to Tucker the NSA hacked his signal messages after he was planning a trip to Russia to interview
Putin so the NSA started spying on talker when they found out he was going to go.
I believe it.
That's like, when was this?
This was when he worked for Fox News.
He mentioned this when he did the interview
with the milk boys after he got fired by Fox.
I fully believe it.
So, Pekas, you'll go ahead.
I fully believe it.
No, I was doing that going over there.
I would start on my signal account.
Did you get the Coke from Hunter?
I'd be populating my signal account
with all these intentional messages.
Admits the NSA hacked into the signal messages
By the way, that means even signal can get hacked into 1000% of course
What my question to you is why why do you think I mean besides the obvious?
Why do you think the left is so anti?
Do not go speak with this guy
What why do they hate and they're trying to
stop him from going over there? Why do they hate him speaking? Yeah, why doesn't CNN,
MSNBC, mainstream media, Biden, everybody does not want him to talk to this guy? They
want to control the narrative. Well, no, think about it from this standpoint. Think about
it from this standpoint. Obama went and hung out with, who was he with in Cuba?
Was it Chavez that he went to a baseball game with?
I thought he went to with Fidel Castro's brother,
his brother, Raul.
So he went to.
To those uncle, go ahead.
Yes, so he went to a baseball game with him
and the right said, you know,
what kind of a situation is this?
Why would you go have a conversation with him and what is this all about and da da da da da?
The difference is one is having a conversation
The other one is going to a game and being entertained by game now if you ask me
I don't have any problem with him doing this, but if he also does it with the other side
I don't have any problem doing that. Yeah, like for me. I the fact that Trump met with Putin. I like the fact that Trump met with G
I like the fact that Trump met with Kim
I like the fact that Trump met with anybody and everybody
I like the fact that a president's willing to sit down with any of these guys to keep them close and talk to them
I like diplomacy. I like sit-in there. So, you know who I am face-to-face
You see me kneecap to kneecap to walk away saying,
okay, at least this guy's a deal guy that I can sit down
and have a conversation with.
I don't mind any of that stuff taking place.
Anyways, let's go to the next story.
Before we get into the next story of Rogan
and a little bit of insight on questions,
maybe with Bill Marcus.
I don't know if you've seen the podcast or not at this point.
I don't know if you've seen the comments.
I think it's the most commented podcast.
He's done 15,000 comments, 14,000 comments that was being told this morning.
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866-939-6984. Okay, all right, so let's go to Rogan. Joe Rogan puts a video on his Instagram account
talking about Spotify and he says he is renewing his deal. come out Joe Rogan gets new Spotify deal worth up to
250 million
Dollars Spotify has reached a new deal with star podcast or Joe Rogan that will allow his hit show to be distributed broadly Rogan's
Fresh deal estimated to be worth a quarter of a billion dollars over its multi-year term
According to people familiar with the matter involves an upfront minimum guarantee plus a revenue sharing agreement based on ad sales under the
new licensing agreement Spotify will sell ads for and distribute the Joe Rogan
experience across several platforms including a video format on YouTube which
is kind of interesting and I like that by the way because you would want to
grow the YouTube audience as well I don't think the YouTube side was
maximized for Rogan and I'm glad they're doing it this way. So whether it was Rogan's camp negotiating that or Spotify's camp
doing that, good for them. And the company said Friday under his previous deal, the show was
exclusive to Spotify. The new deal is emblematic of shifting economics and podcasting, which has
matured in both audience reach and advertising spending since Rogan's last deal Spotify is working to revise the terms of its deals with top talent so that shows are distributed
on several platforms to maximize their audience and add sales rather than requiring exclusivity Tom.
Well this is great for Joe Rogan. It's great for people that want to hear Joe Rogan in more places because it's not
exclusive now, it's broad. And this is basically Spotify acting like a capitalist, Pat. Spotify's
loss has been reduced to 70 million euros last year. The loss is 70 billion euros. You know,
70 million dollars, not a lot of money. Not when you're almost $4 billion of revenue
as Spotify is.
And a year ago, they lost $270 million.
So Spotify has been trimming things that don't work
and renegotiating and renewing in different ways
things that do work.
And there's a big ad, but Rogan's got a lot of upside
on this on the ad side, the ad sharing,
he gets a lot of leverage up.
So rather than just paying him straight, straight, straight, they say, hey, let's go broad. Let's not
be exclusive and we'll give you more of the ad sale side. So it's doing well and Spotify had about a
17% growth here, which is significant growing 17% after we're all back from COVID. They about a 17%
revenue growth on subscription revenue. So Spotify is acting like a capitalist company
And this is them betting on one of their hits and one of their jewels to keep him at Spotify
Broaden it out make more ad dollars and grow the company and reduce the loss
This is this is good past five days look at the stock is up 15.4 percent
The market loves what they're doing by the way if you go last five days
Up 15.73% can you go to the market cap right now see what their market cap is?
What do you see Spotify should be right there bottom bottom right there 48 billion dollars 48.2 48.2 billion
So if they're up 15% if you do divided by 85 what number do you come up with Rob? I know you can do it in your head please so
Okay, so 48 it was for so they made they made roughly eight billion dollars this week holy crap they may roughly six to eight billion dollars
this week closer to eight billion dollars this week okay after announcing
that's amazing but record of a billion dollars this week. Okay. After announcing. That's amazing. Well,
a quarter of a billion dollars.
Yeah.
And you know,
I'm a bank because you know Joe very well,
like,
and it couldn't happen to a cooler fight.
They called the Joe Rogan experience because it's an
experience.
He's not only a comedian.
He's teaching you.
You're learning this.
You're finding out about history and he's not afraid to
talk to anybody.
He'll have anybody on there.
And then when they separate Trump,
yeah,
well,
we'll talk about that later.
But and,
and yeah, no, I mean mean we still got our bet going right
But what what a what a necessary voice and just like you know, you sing it with Elon that when you're that awesome
And you're that popular and you're not scared of everything and you're letting people hear the truth
They got to come after you and I love the fact that him and Spotify the CEO kind of like okay, and they just brushed over
I'm shocked to see what to me. This is the least shocking news ever. Um, cause I remember 2020
when we were in Dallas starting PBD podcast, there was breaking news. I don't, what was
right in the middle of COVID, maybe June of 2020, I want to say. And it was like breaking
news. Joe Ruegan's leaving YouTube going to Spotify
100 million dollar deal. Yeah, right? Yeah, we're like what the hell is what? Yeah, it was shocking
Yeah, turned out it was actually a 200 million dollar deal. Yeah, so we didn't even have the numbers right because he kind of
Slow played that but to me. This is the equivalent like in sports
But to me, this is the equivalent like in sports, just locking down your star, whether it's my home signing with the chiefs, whether it's Joe Burrow with the bangles, whether
it's Giannis with the bucks, you're locking down your star.
There's going to be some sort of hometown discount for loyalty because he could go elsewhere
and get more money. But to me, the Joe Rogan seems to be a creature of habit. He keeps his circle very tight. He's very loyal. Don't forget Daniel Eck had his back during everything with COVID. So I think that this was inevitable and good for Joe. I tell you what, again, sometimes I go into restaurants
and such a bad thing and I say,
that I'd love to run a restaurant one day
and just treat customers royally
and use data and paying attention
and a little bit of a nosy
and when people are talking to see how can make
their day better, their shout out to Wilgedere
on the reasonable hospitality.
Just because curious what is on.
I'd love to one day run a sports team
just to see what it's like.
In a like a past life, I would have loved to have been
an agent representing certain talent, certain people, right?
Managing certain talent, you know,
being an agent, you know,
negotiating on their behalf.
I knew of a deal that could gun Joe $350 million, okay?
Yeah.
And by the way, here's a part you gotta realize, okay?
Why Joe is very different and very unique.
Spotify knows they have a great deal here.
Spotify knows they underpaid.
And it's important for Spotify to know
you're getting somebody that's still very young.
How old is Joe by the way?
56?
56 years old, he's 56 years old.
If I'm right, that's crazy.
And probably whoop wow average 25 year olds
but you know not happy to hear that
he'd be six or considered pretty jokey
to show them all of us in this one
but yeah time but but the point with
this is the gorilla but the point with
this is the fact that even though he
could have gotten that kind of money he
stays shows a lot about his character
you don't want to be an athlete that
plays for four different teams.
Like for example, let's just use NBA.
You don't wanna be the guy that,
let's just say you get drafted into Cleveland
and then you go to Miami and then maybe you go back
to Cleveland and then you go to LA.
Not that anybody would ever do something like that.
Well that's, well that's,
you don't wanna be a player like that
because you're constantly changing teams.
You wanna be a guy that comes straight out of high school,
goes in place for one team for 20 years and your name is Kobe Bryant. You want
to be the guy that these guys gave them a great offer, Spotify and is like,
listen man, you had my back when they wanted to cancel me because those videos
and audios, guess what? I'm gonna have your back and you don't forget. Those
types of people who remember when you had their back to come back and do that
for you and it's not just about money. You got to salute, respect to them.
I think Spotify won.
And I also think Rogan won,
because now the audience will be able to see it,
not only on Spotify, but also on YouTube.
Don't know how they're going to structure that,
but I think it's a great negotiation, great deal.
And they weren't solving for money only.
They were solving for growth, expansion, future,
partnership, and I like that.
I think the meeting was probably,
and by the way, just so everybody knows,
I have not spoken to Joe about this deal,
not this month, zero.
So it's not like I know anything about the deal.
He hasn't called me about the deal.
We haven't talked about the deal, nothing.
Nothing that is just about the fact
that I know I had one offer for him.
But the deal is done
based on Spotify also wanting to ask, I foresee that in the negotiation being, hey, what do
you want to do to make the deal better? What's important to you? And I think one of the things
you'll probably want to do was to make sure the growth in YouTube continues because he's
not far off from growing that exponentially. He's already there as a number one guy, but
I think he can't even take it to a whole different level. Anyways, growing that exponentially. He's already there as a number one guy, but I think he can even take it to a whole different level.
Anyways, congratulations Spotify.
Congratulations to Joe as well.
Yes, Bill Maher.
That was an interesting podcast.
You guys have a chance to-
Yes, I watched it twice.
Tell me about it.
You watched it twice, meet him.
Yeah.
Tell me about it.
Now once, twice.
So, you said, guess how much I spoke versus he spoke before we
even saw the, the interview. And I was like, I don't know. You probably spoke more. You're
the one being interviewed. He probably spoke 80% of the time at minimum. Fair number or
no.
A guy tweeted saying Bill spoke 80. I think the top comment was Bill spoke 87% at a time.
87% when he's doing the interview.
So the interview has 15,000 comments.
You said at this point, insane.
I think the credit goes to you, PBD.
What was that?
Keep going.
Okay, the credit goes to you for just,
this was you? Keep going. Okay. The credit goes to you for just, this was you the whole
time. The Gavin Newsom thing was interesting. How he says, what do you say Vinnie? I love
Gavin Newsom. I did the Tom. I actually wrote. So first of all, so the, the, the poking when
you're like, so, you know, because Democrats love data, they're data driven,
data, statistics.
They love it, they love it.
It showed me, first of all, in that interview,
you exposed how, you exposed him, okay,
without his writers, Pat, without his liberal audience
in the, you know, in the, what's the show,
Real Time with Bill Maher, he's,
that are told when to applaud and went to,
this is a moment where you got to find out who he was as a
Individual by himself with nobody else helping Mao and here's my thing anyone that could utter the phrase
I love Gavin Newsom with a straight face and be and be honest with themselves
Loses all credibility when it comes to anything political. I don't want to hear any of that. Okay, and not be his wife
Yeah, exactly. So and he goes because what you said you're a result
Dripping guy
Why is a Democrats are more data detailed driven and you notice how when you were like, okay? Give me the fact, you know, okay?
Okay, he there's there's zero answer for why you're going to vote
It's it's the anything but Trump attitude and then regarding his abysmal way new summons run Cali to the ground
This is you know why he loves him too at but besides that, you know slick hair, which he kind of got my style Trump attitude and then regarding his abysmal way, Newsom has run Cali to the ground.
You know why he loves him too?
Besides, you know, slick hair, which he kind of got my style.
Nothing that's happening in California really affects Bill Maher.
Think about it.
He's filthy rich, so he doesn't care about the 60% in taxes or the record high gas prices
because he can afford it.
It's a cover chart he can pay.
Yeah, think about this time.
He doesn't care about the high crime in CaliPap because he lives in a safe area
that probably has gates and security with guns. He doesn't care that
California's, he doesn't have any kids, so he doesn't care that the California
education system is so bad that two out of three California students failed to
meet the math standards and more than half didn't meet the state's English
standards. Thank you. He doesn't have kids. Nothing that affects
the average person bothers him. So he's just like, yeah, that smug, arrogant attitude.
And you, you, I think you nailed it because you stayed calm. You stay and facts always
win. And when somebody can't give you answers or back up their claim, you made him look
ridiculous. And that's why 15,000 people are still commenting right now because
you couldn't bother amazing socks PBD just throwing that out there.
But when you say give me an answer why you love him and he goes, oh, okay, okay, there's
no answer.
Why you're voting for him because he's not Trump.
Maybe play this clip rap.
Just play this clip on the exchange with a noose.
Do you like noose?
How do you feel about noose?
Had him on my show Friday.
I saw that.
And I, I first of all, I love him.
You just like a guy or you don't.
I've known him for a long time.
He's done my show for a long time.
Do I love everything he does as a governor of California?
No, I don't.
I wouldn't say I'm undertaxed.
Yeah, I have issues with this state. He's got one reason I want him to run for president
Well, it's because he's obviously gonna win her this guy could fucking do it
It's insane that we have the guy but we can't run him because we have to tiptoe around Biden and the final winner
Love he won the election. Oh, so so he would win the election. He's a talented debater, speaker, communicator,
defector.
And politician, and he's a smart guy.
He's a smart, real guy with a pair of balls.
Do I love everything?
No, you never know what to do with a politician.
But first of all, I think if he ran for president,
it'd be great because it would force him
to move to the center.
Now you're running not just in California.
I mean, this is California.
It's weird.
Are you a UAE? It's weird in the world. Are you a, are you a, are you a results driven guy?
I love this.
No, I like to think, watch things fall apart.
I mean, you wouldn't build a show that you went build
and win at the levels you won, you know,
for decades if you weren't results driven, right?
I mean, you're, you're, you're Bill Maher, you know, I,
what about, what do you mean?
Well, what's the point about results?
Exactly where I'm going with you.
So results, so results serving guy.
Right.
What areas has Nusum won it?
You said he's a winner.
Winner of the election.
He could win the election.
But based on what though, do you want results?
Like what has he done to California to say he's a winner?
What, what, oh God.
I don't know, it's too...
Why does it know?
Bill, you're a spotter. You know what, he made it rain, okay, dude. He made it rain. You know. It's too, it's a metaphor.
You know what, he made it rain, okay dude.
It wasn't that.
It can pause on right there, by the way.
Now do me a favor, go to Twitter,
exactly what I just did.
So I actually wanted to know
because there's no way in the world you've ran a state
and you don't have victories, right?
Let our big victories.
So I put on Twitter serious requests,
could someone list three things Newsom did
to improve the state of California? I'm curious. And if you go to the bottom and go through comments section, this thing, you know,
the worst, I don't know how many comments, right? Look at that one right there.
Improve the sales for you, hall. That's Kagan's looking glass. Improve the rate.
It relies on government funding. Improve the amount of money the IRS receives before you, hall.
Keep going to the next one. Keep going to the next one keep going to the next one
There's a bunch of different comments there obviously that's one with the Santam with the Santas with fetus
Which he was showing go up a little bit on the Santas one. Yeah, the poop maps go a little bit higher Rob
Yeah, where it says human feces reports are booming and
California anyways, so so the point the point here becomes is purely data
You know, it's purely data on what's going on.
And I could, nobody could list anything
about what the guy's done data wise.
You can like somebody, for instance,
imagine if Newsom was your cousin.
My cousin.
If he's your cousin.
Imagine if Newsom was somebody who went to high school,
maybe somebody who played football with,
and maybe he was a guy that actually blocked for you,
and you were a receiver or he was a tight end,
and he actually, he protected you, right?
Maybe you have some kind of affinity to the guy,
and there's some kind of loyalty,
because there's a relationship, right?
Fine, I get defending because you are friends, cool.
But at the end of the day, data's data.
100%.
Okay, there is nothing one can say
on why the number one state that's lost the most customers ever is Newsom.
You know how he says, and this is his famous line, he says,
Well, you know, California is the,
you know California is the fifth largest economy in the world,
and you know, California is the same as the equivalent of 21 states combined.
And that's what California, okay, great.
You know what he sounds like.
You know the Vanderbilt's,
he was the richest man in the world, okay?
You know his kids were the snobbiest, sloppiest.
You know, you want to call them a spoiled kid
that wasted the money.
So you can still be rich,
but you lost a lot of your daddy's money.
Newsom is that billionaire's son,
whose dad used to be worth $40 billion after he died.
Now the son is worth $17 billion,
but he says, I'm still one of the richest man in the world.
That's 17, yeah, but you lost your dad's $23 billion.
You lost customers that left your state.
There is no other way.
There has to be a way to judge somebody's record, right?
There has to be like in sports,
how did they judge a big man?
I saw a debate between somebody on ESPN
with Steven A. Ciment.
How do you judge a great center based on what?
But center, it comes to rings, right?
How do you judge a great podcaster based on what?
Fuse, views and what?
Subscribership, eyeballs influence.
How do you judge a great singer?
You know, their head and what else?
Albums sold.
You can say whatever you want about Taylor Swift.
We can sit and bitch about the fact that she's gonna
You know endorse Biden which she will and guess what it's gonna help. Yes
Why though because she's got a hits
You can hate Taylor Swift all you want
She made five billion dollars from her music last year because she's got data and stats and customers willing to go to
I couldn't name you one of her songs not one of her songs could I name but guess what she has she
has stats right no matter how much we say even about people you don't like if they have data
you have to be quiet I'm not a LeBron fan guess what you know what the data backs up that he's a
second greatest player of all time you You have to give him that credit.
He is not my favorite guy to watch ever,
but he's a second greatest basketball player of all time. Why? Based on what?
Based on stats. There's nothing debating that.
So when you say Newsom is a winner and you can't name stats,
that's when I'm like, I don't know where this discussion is going to go.
I love the, I flipped in and I started interviewing instead of, you know,
being a guest on the show. I love the Vanderbilt reference because you run a sales organization.
You've licensed how many agents in your day, PBD 50 plus 50,000 freaking agents, but the
top guys, you know, the 1% of PHP, for example, um, you're talking about data, you're talking
about a results driven approach.
I'm sure you have a guy in the organization that's like, dude, remember Pat in 2019 when
I was the number one guy and this is what I've done. But where are you at in 2024?
Yeah, of course. Where you at in 2024? The old, what have you done for me lately approach?
The reason that LeBron to use his name again still has credibility
This guy's still putting his number. There's no question about that. He's still putting up numbers. He got
nominated or
Vote counting 20th all-star game ever broke the record, right? Yeah LeBron
Whether you disagree with them or not still putting up results Gavin Newsom thing, I think why the Vanderbilt metaphor is so appropriate, it's like he's still clinging
to the talking points of how great California was, slash still is GDP wise. But if you go
through those comments, how many people were able to put together a three point cohesive statement of what Gavin Newsom has done. This is the age old conversation. We've had
personality over politics. I'm happy you said that. Ron DeSantis
destroyed Gavin Newsom with facts and data in a debate yet
yet Gavin Newsom still won that freaking debate 100% because politics is
Gavin Newsom still won that freaking debate 100% because politics is
Entertainment at this point. Yep, you have to win the crowd as they say in gladiator And the crowd ain't looking but isn't that but isn't that doesn't that isn't that kind of not scary
It's kind of dumb if you ask me like somebody like a bill mar that's just like I heed 100%
Vote for Gavin with zero stats
Horrible track record, but you know Adam? You know why because it's not Trump
It's that is at the end of the day
They would rather have somebody that's gonna screw them over
But he's not this guy and that's where the Trump deranged the scene movie original sin. Oh
Angelina Julian I got a long time. Okay, so what's the issue with that movie? What is the issue?
What is the premise of that movie?
Antonio cannot leave her because her spell has gotten him. He lost everything, right? She destroyed his life
But he is obsessed with her, right?
Sometimes you can be obsessed with somebody that can destroy your life
You can be obsessed with somebody that can destroy your life
Because they are attractive and they're smooth and they're good every man's fallen for this before
Every woman is falling for this before if you haven't fallen for it before maybe because the mark is not interested
Odds are you have fallen for this before who was it that compared California to their ex-girlfriend was it Mike?
Mike Mike mall. He's like it's like that ex-girlfriend that you just can't get over. She's horrible for you.
It's a great analogy.
She's ruining your life, but you just can't look away.
She got that good, Julie.
The last word he gave a new submission is...
She got the beaches and the mountains.
The last word he gave a new submission, you gotta remember, perception and position is
the realm of the politician.
And that's all he needs to do.
He's got the perception, and that is exactly what Bill Marv is talking about.
He's a winner.
He's a perception of a winner.
He's running for president, which is dangerous
because you run on perception and position.
He's not running for CEO, which is on results and stats.
If he's running for CEO, Ron DeSantis would be leading
by 40 points to be president right now.
But it's perception
and perception which makes it very dangerous, which is why it's important to be an informed
voter and to understand where you're putting your vote and what you're doing because there's
consequences, ladies and gentlemen.
And Gavin Newsom has never won a competitive election in his life.
You take a look at the elections that he's been in and the position that he's taken becoming mayor of San Francisco and how if you win the Democrat primary as the
mayor of San Francisco, you could be the guy pooping on all the streets and you're still
going to win the election to be mayor. It's face it, if you've got the little blue D by
your name, he has not won a competitive election because of the way that the populace in California has chosen to vote. And now the stakes are high because
he could be on a national stage and it's dangerous. Very insightful what you said. Perception
and position. Perception and position. Fantastic insight on that. Anyways, okay. They say perception
is reality. Let's go to the next story. Let's go to the next story. Rob's let's go to the next year nightmare tomorrow. Let's go to the next story Rob. Let's go to the border story
Okay, so let's go to the border story on what's going on over there. Here we go
So border deal to cut illegal immigration is released after months of talks
Okay, so border deal is what they call it. So if something is called the border deal
What would you expect the percentage of the
money to be used to protect the border? Right? Because if you say it's a border deal, well,
then let's let's actually make it a border deal. Right? So Senate leaders have released
a bipartisan bill aimed at reducing illegal border crossing while providing $118 billion
in funds to Ukraine, Israel, Taiwan and U.S. borders changes.
The bill establishes a new asylum process, sets higher standards for asylum claims, and
limits the number of immigrants claiming asylum to prevent system overload.
I've seen enough this bill is even worse than we expected and won't come close to ending
the border catastrophe, said Speaker Mike Johnson.
President Biden supports the bill, calling the immigration provision the toughest and fairest set of border reforms in decades. The
legislation aims to end catch and release with a new process for rapid
migrant processing and heightened screening. It allows for immediate
deportations for those who don't qualify for asylum alongside temporary shutdown
powers. If daily crossing exceed certain thresholds
Here's what I want you to be thinking about how much money do we just say?
$118 billion, $118 billion, okay?
Added $118 billion, I want to ask the audience, okay?
Added $118 billion, how much of it do you think is being used for the border? How much of it do you think is being used for the border? How much of
it do you think is being used for Ukraine? Okay, I want you to think about it. I hope
that's not being shown yet. What portion of that money you think is being used? Do you
know the number animal? So what portion of the 118 do you think is being used for the
border? What percentage do you think is being used for Ukraine?
So it's 118 between Ukraine, Israel, Taiwan and the US border.
You want to know the percentage that is going to Ukraine.
Maybe give the dollar one. You got $118 billion.
How much of it is going to the border?
Because it's called the border border.
Our border.
I would say $10 billion to the border.
And I would say probably $75 billion to Ukraine.
Close. The number 20 billion goes to the border. And I would say, uh, probably 75 billion to you close.
The number 20 billion goes to the border. Okay.
60 billion goes to Ukraine.
Makes sense. 14.1 billion for Israeli security assistance and about 20 billion
to the new border policy. It includes 2.4 billion for operations in Red Sea,
where Houthi's rebel in Yemen have launched attacks on shipping. Vinny, when you see something like this, what are you thinking about with this bill here?
Dude, you want to talk about baffled? The fact that it's, first of all, it's called the Senate's
$118 billion emergency national security bill. It's supposed to be for our national security.
So by the way, half the money is going to Ukraine, 20 for us. I hope everybody's paying attention. 14 billion is going to the security of assistance to Israel.
And just to make it fair, $10 billion in humanitarian assistance for the civilians caught in the
conflict zones of Gaza. They have to give some money for the innocent people that are
getting murdered. So it would also, ready for this, require Homeland Security to nearly shut down the border.
Not definitely, but nearly. So and you mentioned it, it happens if the illegal migrant crossings
increase more than 5,000 a day in any given week, or if the average daily encounters reach 4,000
people a day in a span of a week. So 1.8 million illegals would be coming in every year. I'm going to say that again, almost two million, 1.8 million illegals are going
to be coming into the country. What is it now? Four, I think four million,
something like that. It's going to be that. So, and by the way, let's just be on
guys. And we throw, we throw around these numbers. Think about this.
60 billion, really let that sink in is going to Ukraine by half the money gone.
That's why I'm happy that the Republicans are fighting it.
And PS, I'm tired of everybody going like this, Patrick, because you hear this a lot.
Well, Joe Biden can't even said he said, give me the power.
Joe Biden and his administration with my orcas created this catastrophe and it is a catastrophe.
Just FYI for everybody out there under existing laws that we have right now, including the Immigration Nationality Act of 1952,
the President of the United States can turn every single illegal alien away from the border
if he thinks it's necessary to safeguard our national security. Every single one of them,
okay? And all he has to do is enforce the law. But if Biden did this, the Democrats would lose all the votes because let's not be stupid. I know you guys aren't
dumb. You know, this is all for a vote for generations to come. And you wouldn't be able
to launder all this money to Ukraine. That's the number one thing. And think about this.
Biden refused. I want you guys to pay attention. Biden refused to use his executive order to
reverse the disaster that he used his executive authority to create
P and use Supreme Court to fight Texas. Yeah, exactly. Think, think about that. Like the
president of the United States and the government are suing a state because they're stopping
the influx of all these votes. And it's, it's absolutely nuts. And it should piss off the
people. I hope everybody's waking up.
Tom, what are your thoughts on this? I'm going to show you guys a couple of videos right now here in a minute.
You're going to piss people off. And FYI, before I go to Tom, can you do me a favor, Rob?
Do you have the WAPO story you were showing and the WSJ story?
I want to show something the difference here. Okay.
Go to the top of the story so the audience can see the WSJ logo.
Okay. So this is WSJ, right? And this story is about what?
The border deal cut illegal immigration quickly runs intoJ, right? And this story's about what? The border deal cut illegal immigration
quickly runs into trouble, right?
Now go to the WAPO story and it says what?
Senate negotiators release sweeping border
and military aid bill, okay?
So now let's do a quick comparison between these two.
On WSJ, okay?
Go to WSJ.
If they're saying they're spending the money, quickly do you want to know how much money it is and how quickly do you logical people?
Want to know what percentage of the money is being used for the border?
How quickly do you want to know that in the first paragraph second third fourth fifth sixth or last right in the beginning?
Okay, let's see when WSJ shows it go up a little bit here. We go first paragraph
No, just a little bit about the bill second paragraph no but the third one pretty much at the top it
tells you 118 billion 60 billion to Ukraine 14.1 to Israel 20 billion to the
border right and how many paragraphs are there, 12, 13, keep going, keep going, 14, 15, 16, 17, 18, keep going, 19,
20, 21, 22, 23, 24, 25, 26, 27, 28. So out of the 28 paragraphs, which paragraph is the
numbers in? Number three, go to WAPO. So you're going to WAPO. Let's do the same exact game. Let's see who else Jeff Bezos
Yeah, we're let's see when we're gonna know what percentage look at what says the hundred and eighteen billion dollar
National security package is a top priority. Okay. Okay. Let's go a little lower. See how many paragraphs one two
three four five six seven eight nine ten One, two, three, four, five, six, seven, eight, nine,
10, 11, 12, 13, 14, keep going, 15, 16, 17, 18, 19,
keep going, 21, 21, out of how many?
Go to the last 22, 24 25 26 27 28 29 30
out of 30 paragraphs 21 and I never saw the number 60 for the amount see when
they say Ukraine by the way don't find exactly when they say Ukraine I because
what I thought I thought it was a last paragraph I want you to find no no Rob
you don't need to be up there they don't show it. Just go just type in 60 control f60 just type in 60
Don't even put the dollar sign what paragraph is that?
60 billion dollar to Ukraine go all the way to the bottom
Yeah, look at that one that's coming up like paragraph 18. Yeah, why hide the number on when it's going to Ukraine
WHA saying here's where the numbers are logical people want to know numbers immediately
Emotional people just want to know that we're fixing the border. No, we're not fixing the border. They should spend that 60 billion
Protecting the border with all the stuff that's going on where a video like this on 60 minutes where the lady was shell shocked
Kudos to 60 minutes for actually showing this shock and let it play this clip here, Rob
She kudos to 60 minutes for actually showing this. I'm shocked.
Play this clip here, Rob.
We wonder how all of these migrants knew about this particular entryway into California.
The answer was in their hands.
Oh, you learned on TikTok.
Chinese people?
Yep.
TikTok is a social media platform created in China. The posts we found had step-by-step instructions
for hiring smugglers and detailed directions
to that hole we visited.
Wow.
And look, they're coming in.
They're not going to turn away.
And just how orderly and routine it all seemed.
Come on in, everybody.
The migrants walked about a half mile down a dirt road
and waited in line for US Border Patrol to arrive.
Are you kidding me?
By the way, you know how much it costs many of these guys to come here, $14,000.
Each person, some of these guys, one of the guys being interviewed, he says, yeah, I went to,
I went to Spain and then I went to Nicaragua and then Costa Rica and then Colombia and then I
went over here, $14,000 to finally come here and they learned how to do it on TikTok. So, Tom,
your thoughts on this? So whenever you see a bill and you see the name of the bill in election year,
it's almost like getting juice for your kids. If it says orange juice and you turn around the back
of the bottle and says it contains less than 2% fruit juice. Ever seen that? Yeah. Let me tell
you folks, you should be turning the bottle around on everything you see on something like this.
And you know, the titles they get put on it, you can't And, you know, the titles they get put on
it, you can't defend, you know, the news reporting here on the biases and how far it goes back
and forth because they're not helping you. You got to look into it and you got to read
multiple stories and figure out what's going on. And what this is, this is election year
pork because there's still a group of people in Congress that want to keep funding Ukraine. There's a wing of the National Security Agency and a prominent mainstream presidential candidate,
Nikki Haley, I'm looking at you, who wants more for Ukraine, wants more for the defense industry,
and a deal cut. This is a deal. That's why you call it a border deal bill. What made the deal?
Everybody made a deal.
Everybody cut a deal.
And there's a little for this, little for that,
little for this.
You know, you just have to read the back of the bottle.
And the back of the bottle here is that American people
just are putting billions and billions and billions more
on top of our deficits, on top of our debt
to do all the things that's here.
Some of them have noble purposes, but it's pork, man.
This is just a big barrel of pork being spread around for everybody's interest, putting a spin headline on it
and selling it. Think about, and I'll give you another example that's really quick, the Affordable
Care Act. Remember that? Obamacare, Affordable Care Act. Now we know it was to get critical
insurance for 30 million Americans. Remember that number? Simple. Affordable Care Act. Now we know it was to get critical insurance for 30 million Americans.
Remember that number? Simple. Affordable Care Act, we need to do it for 30 million Americans.
What we saw later is it was a three-year moratorium on price increases and then it was unlimited
price increases. Adam, you're an independent professional. You probably know people that
were independent professionals that went and got healthcare. It allowed them to raise
healthcare prices 20% a year for the next five years. Remember that? That the health insurance ended up being more expensive five years after Affordable
Care Act than it was before. Read the back of the bottle contains less than 2% real fruit.
Adam, thoughts on this.
So you know how, you know, the biggest criticism that Republicans get is that if they're rhinos,
right? Oh, he's a rhino. It's a rhino. What does that mean? What does that mean? He's Republican in name only. That's the equivalent of what this border
bill is. It's a border bill in name only. This is a foreign aid package grouped in with
a border bill. And it's, you know, to Tom's credit, turn the turn the back of the fruit
juice around and see
what the ingredients are. The biggest thing I think I just want to add is this, the key
players here is Speaker of the house, Mike Johnson. Did you see what he said on, um,
meet the press over the weekend? He sort of distanced himself from Trump because Trump
is playing politics with this. He's basically Trump does not want this deal because he wants to run on this. I will clean this up. I will fix the border. Don't sign this bill. It'd
be good for his politics.
Kristen Welker came out and flat house asked Mike Johnson, are you basically following
Trump's lead on this? He said, no, I'm the guy. I'm the guy running the house. I'm the
guy saying that this is what this is.
That's so funny. Yeah. Play. You want, is this what you're talking about?
Yeah. Is it worth watching? We're not really cause I've only got 17 likes.
I don't know about this video, but I'm telling you, he basically said that he's
the guy running the show. What's the point about Trump? But not the Sabian,
but who Trump running on whatever. Nobody should be cool with this bill.
I don't give a shit if you're a rhino left right tall short
Nobody should co-sign on the bill that's giving half of it to Ukraine Trump
Trump doesn't need to run on anything who who in the right mind if you're
You want you want to know who in their right mind who would you want to know?
McConnell how about every single senator that signed off? Yeah, guess what?
They're all corrupt. They're all corrupt and they're all
Publicians and Democrats because guess what the average American that's out there the people out there that are busting their asses
Barely paying the rent and all that shit and paying all this crazy tax to fund Ukraine to hell with that shit
The Americans by the way, and no wonder why the majority of Americans are pissed off. They can't even find the damn story. They just see 118 million buried in it
But that that I answer I want to know the other Adam. What what what is it Matt?
Why does Trump need this to run anything anybody should be against this? He should be against this
She should be against it any American what he's saying is he doesn't want it to be fixed
So it can help him get reelected because if Biden fixes it, there's not another problem
to fix. I think that's what you're trying to say.
That's exactly what I'm saying.
Yeah, that's what he's saying. If God forbid they fix it. So this is the liberal argument.
The liberal argument is what he just said right there, which is great because we want
to know all the arguments. The argument I've heard, and I even had this conversation with
Chris, is look they
have something here why don't they want to sign it because they know Trump's
gonna know that this is not gonna help them if this gets this gets through but
the reality to the people of that camp let's play that card hey Dems do you
really want to take that away from Trump do Do it. I dare you. You know how?
Use $118 billion.
Use all of it on the border.
Build a damn wall twice as big.
Put a military in front of it.
Call the military.
Protect it.
Shut it down.
Don't take anybody asylum coming in here for a year.
And then guess what?
You took it away from Trump, but you will not do it.
Because you're gonna use that money to give it to who you're going to use that money to give it to who?
You're going to use that money to give it to Ukraine.
You know that you know you're going to be doing that.
You know Ukraine is losing the war in a major way.
By the way, you know what Ukraine just did?
You guys hear about what Ukraine built about a year and a half.
It just got I think it just got done.
You know what Ukraine just built?
They built a brand spanking new funeral that fits one and a half million people.
Why? Why are you doing
that Ukraine? Why are you building a cemetery that fits one and a half million people? Any reason
why you're doing that? Really? Yeah, what? And that's at the beginning of the war pretty much. If
you can validate this, Rob, new cemetery for how many people? 5 million new cemetery for one and
a half are being built in Ukraine.
That's August 20th of 2023.
That ain't for COVID.
So you can't be like, well, they're doing it for COVID.
No, what are you doing it for?
Because they're losing the war
and no one's talking about it.
Wow.
They're getting their asses handed to them
by this guy in Russia that they keep selling
that they're getting crushed
while they're building missiles
in ways that all the other military industrial complex cannot keep up with
Russia's getting their stuff and they're ready and they're ready for all the stuff that's going on and NATO's keep saying
Hey US keep pump the money man. You guys are awesome. We won't do it, but right US you guys keep wasting that money
Let's make us weak room. Hey US more money. Can you guys do you guys are so noble? You are so noble. Can we get Zelensky at the house again to look sad and you guys in the back?
Go like this you look so noble in your legacy. They're gonna play this when they go to the museum one day and they're gonna see
You were clapping like this right behind Zelensky. You guys are such awesome
Noble human beings. Yeah, one and a half million
people. Why? One and a half million people? What in the country? That's how big? For what? No. So for
me, where I'm going with this is slightly different. If liberals truly want to hurt Trump from winning,
do it. Go ahead and do it. I dare you. I dare you to take a hundred percent of a hundred and eighteen billion dollars,
put it on the border, shut down the border for a year and a half.
No new people coming in including asylum, protect it from everybody.
Yes, you will increase your chance of winning by five percent and that's all you need,
but I guarantee you will not do it. So don't worry to the people that are on the other side.
They're not going to do it. So to the liberals that are people that are on the other side. They're not gonna do it
So to the liberals that are saying well look they don't even want to pass this bill because it's not a border bill It's a Ukraine bill
That's why
Take the 60 billion dollars out and see how much it would change
Go on and take it out, but you won't do it. You know who else won't do it
McConnell would also do it first why won't he do it because this is about the establishment not wanting to mess with something like this.
They're not going to want to do that. This isn't something they're interested in doing.
So you're right in the fact that Trump's camp is concerned about that. But if the liberals
truly want to hurt his chances, take, if, if right now imagine the spokesperson on the left comes out and
says the following we have made a decision we are not sending the bill
60 billion to Ukraine the border in US is such a priority because America first
this is the greatest country in the world and we have to protect our people
and we can no longer tolerate people beating up cops we can no longer
tolerate things like this we have to protect our citizens who are born here. That's what we have to do. Yes, Trump will
have a hard time beating the left if they do that. This is how big of a chance that
they'll do it. You see it like that is zero. You won't do it. And you won't do a standalone
bill on anything right now. Mike Johnson is proposing a standalone bill on Israel. That's
the I think the Democrats and Republicans both agree on that, but they are
far from agreement on the border in Ukraine.
And that's what both sides are basically trying to hitch their wagon to, to basically
said at the end of the day, they got to come to some sort of compromise.
The Democrats want to fund Ukraine.
Republicans want to fund the border and they got to figure something out. But isn't that it? But doesn't that blow your, that blows my mind that that's
the argument. And then you have Mitch McConnell going on on the news, going with this little
AKA penguin looking, he said, guys, if we don't give Ukraine $60 million, 60 billion,
60 billion, you know what he said? He goes, American soldiers will die because this war is going to expand into Europe and we're going to lose soldiers so
wait a minute you're saying basically give me this money or else Americans are going
to they're ashamed but you nailed it if we have the hundred eighty do it Democrats yeah
I endorse this message if you do it do it you will not do it not happen go ahead and do
it go ahead because you care about America first don't you the Democrats care about America first
right not Ukraine Ukraine is second America's first no if that's the case
go ahead and play ball do it yes you will hurt him but you're not gonna do
that's why the bill is not being passed because you're playing politics and you
using more than 50% of 118 billion dollars for Ukraine come on get out they're
gonna call the border and by the way for the people that are like what Patrick aren't you an immigrant legally?
We applied for green card and 84
84 my mom was worried if I'm gonna serve the military in Iran
We lived there to November till July 15th of 89 then went to Germany at a camp
We waited a year and a half then finally we got our green card November 28 1990 came here legally weird word
Legally as a proud American born in Iran made in America
Legally is the key word the biggest difference about immigration is not that we don't want immigrants coming here
But we want them legally. That's what matters. And by the way, that is why
Trump is losing support from who? The Latino community. There's a tons of stats we can go
over and if we want to go into this now. But the base of the Latinos, what percentage in 2020
do you think voted Biden versus Trump? It's a double digit lead. Okay. Right now,
Biden versus Trump. It's a double digit lead. Okay. Right now, dead even amongst Latinos because Latinos understand, especially be that have been here legally are like, what, what
is, what is happening here? That I came here legally. Trump's losing support with Latino.
No, no, no, no. He has now it's dead even. Oh, yeah, yeah. Oh, yeah. Where it was double
digit increase for Biden. Yeah. 2020. And then,
and then, yeah, because they sold the whole heat things. All Mexicans are rapist BS crap.
Let's go into, let's go into a little bit about the economy right now. Okay. Let's go to a
pop up, pop up, pop up, pop up, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, pop, uh, reports say so this is, this is bad news for certain markets folks. Uh, if you're in, here we go.
Premium real estate markets worldwide are expected to face challenge in 2024 with
slow residential capital value growth compared to 2023, particularly major cities.
Civils predicts that at least a dozen of the 30 global cities it monitors will
experience a significant slowdown with high in home values
drop in point six percent the low rate since 2019 down from two point two percent twenty
twenty three effective cities include Hong Kong, New York, San Francisco factors contributing
to the slowdown include high interest rates a shortage of available properties, political
property markets instability in China upheaval in the tech industry and cautious office return
by workers. Despite these challenges, positive capital value growth is still anticipated
in 2023 with cities like Amsterdam, Tokyo, Sydney, Dubai, driving the global average
at the same time. Powell came out and I think he was also in 60 minutes. Tom, you watched
the entire interview on 60 minutes. Why is market not happy after what Powell said on 60
minutes about not lowering the interest rate as much as people want him to?
Yeah, we'll talk about Powell and then we have a curious data point happening in
the US on housing. So what Powell basically said, and if you, I think I'm going to do a
biz doc breakdown of the Powell interview because he went through steps and I think
I'll do that maybe within the week.
So people can understand exactly what he was saying.
What Powell was talking about is he said,
hey look, there's a couple things going on.
We're only gonna lower interest rates probably three times.
Here's why, because inflation is still sitting
in kind of a stubborn place and we're a little worried
about it, we don't want it to pop back up.
That would be bad.
And we've done a good job so far getting it to three-point, you know, something percent
so that we're within striking distance of two percent.
But I'm going to—we need to keep the pressure on because we think it's worked and we think
that the economy hasn't fallen into recession because of, he called it the resilience of the American
consumer. I call it the drunken spending of the American consumer. It kind of kept the,
you know, trillion dollars now, credit card debt, all the buy now pay later, including delinquencies.
But all of that kept the economy humming. And so now he's saying, look, interest rates are going
to say higher longer. And then he cautioned on something he was right,
on pricing, he said,
certain commodities like gasoline have come down,
but there's certain permanent price increases
that we don't see coming down.
He mentioned clothing and suit and food products,
he said, hey, inflation has brought them up,
they're not coming back down.
So the market was disappointed that the interest rates aren't going to come back down so companies
can get access to cheap money and that the housing market would get triggered into a
higher speed because interest rates for mortgages would come down.
So when he's talking on 60 Minutes, he's like, higher rates for longer, three breaks
this year, maybe we'll get down to 6% at the end of the year,
and the market goes, no, I wanted my ice cream,
I wanted six drops, I wanted cheaper money
for corporate expansion, and I wanted cheaper money
for mortgages, do you have the housing market going?
That's basically-
So let me ask you this question,
so sometimes as a Fed chair, right,
he's not pleasing the left nor the right right because Trump comes out and says he would replace political J Powell as
Fed chair. He wanted to replace J Plaza Fed chair, accusing him of being political as
predicting that he would cut interest rates to help the Democrats this year. Trump was
fiercely critical of Powell while he was president from 2017 to 2021. And his latest
comments point to serious friction
between the Fed and the White House that could erupt next year. If he defeats Joe Biden November,
I think he's going to do something to probably help the Democrats. It looks like it looks to me
like he's trying to lower rates for the sake of maybe getting people elected. I don't know when
asked if he would offer another four year term to Powell in 2026. Trump, who is the front runner of the Republican nomination, answered, I wouldn't do that.
Although Trump nominated Powell to feature in 2018, he eventually turned against the
US Central Bank, accusing it of keeping interest rates too high at the time of the trade wars
with China and Europe and a brazen challenge to US Central Bank's independence.
When you hear that, okay, do you think Powell is
playing politics or do you think Powell is actually doing a good job?
When you look at the last statement that Powell made, I think he's doing a good
job. You look at the last statement that Jay Powell made in the 60 minutes
interview, he said, you know, we've done this with integrity and we're not
going to give it up now. It was something like that. It was the very last
thing he said about integrity,
and it was a statement he made at the end.
I'm summarizing it there.
I'm not quoting him, but I'm hoping we can find that.
And I think he's correct.
Chairman of the Fed is not a political position,
but it can be politically inconvenient
when they do things for the economy
because the other side can claim victory or
it can be painful.
And that I think is exactly what Trump is talking about.
Trump's referring to it as political, but I really don't think it's that political because
if he was kowtowing to Treasury and Janet Yellen and just dropping rate six, seven times, then I would say, what the hell is he doing?
Why is he dropping it as fast as he raised it?
We don't need to go back to rates that are low.
Rob, is this the one, Rob?
Can you play, please?
There are people watching this interview
who are skeptical about that.
You know, I would just say this,
integrity is priceless.
And at the end, that's all you have.
And we plan on keeping ours.
Do you believe him?
I do believe him.
And I think three cuts this year,
which keeps dollar value higher.
Remember, this makes the dollar stronger on a trade basis.
I think that this is the right call. And by the way,
interestingly enough, did you see, I don't think I saw anything from Jamie Dimon running
to a microphone saying, oh my gosh, I'm bleeding. This is terrible. We need more rate cuts.
I didn't see that. I think Jamie, Jamie Dimon is the rational player.
Look, I think Jerome, Jerome Powell has done a great job. I would give him a very high grade.
People don't understand America has had the best recovery since COVID out of any major
country in the world, any country in the world, period.
Name another country that has done better since COVID in the United States.
So just, and I don't understand why Biden is
not taking credit for this because largely a lot of part of it is Jerome
Powell inflation. It was double digits three years ago. Currently 3.4%
unemployment skyrocketed during COVID. Obviously 3.7%. Those are the two
things that Jerome Powell is tasked to do. So he is the probably
the most not name recognizable, impactful person in the country. And I've said his name
multiple times on the podcast. We all have, he's that dude. And he never gets entangled
in the political incorrectness. Trump nominated him.
Now Trump is calling for his head.
The guy's doing a good job.
This is kind of what makes me not understand why Trump
thinks he's playing politics.
By the way, but what I tell you,
I actually like this, that no one likes him.
The left and the right, like a Federal Reserve Chair guy,
the better for the economy, okay?
The better neither side likes him. The left, guess what the left wants him to do? a federal reserve chair guy, the better for the economy. Okay?
The better neither side likes him.
The left, guess what the left wants him to do?
Decrease the rates more.
Guess what the right wants him to do?
Keep the rates higher more.
Guess what he's doing?
Not what either party wants.
And you know what?
Good for you.
He's actually playing the independent role.
Now, if he lowers the rates five times, Trump is
right. If he lowers the rates only two times, the left is right. If he does it
three times, he's staying independent. But he's given, I agree with you, Pat.
He's given no indication that he's playing politics. He's given no
indication that he's picking sides. He's completely independent and you have to
give him a good grade. I would give him an A. I
Don't know if I give him an A. I do give him a B plus and the only reason I give him a B plus
Adam is because I don't think we're
Look, I mean just for example, do you want the doubt or go to 45,000 lower the rate six times this year
Do you want it to go to 50,, lower the rate six times this year. Do you want it to go to 50,000? Lower the rate seven times this year.
I'm being honest with you.
If he lowers the rate seven times this year,
you know where Dow goes to, it touches 45,000, 50,000.
This year, this year, S&P will go past
all these record breaking numbers,
but that doesn't mean it's good for the economy.
He can do that to finish his record as a, know the record break and then the next guy is gonna come
Guess what he has to do? He has to increase rates and then the doubt is gonna drop again
So the only thing is I say keep the temperature at this as long as we keep rates at 6%
Where people have to count and by the way again that hurts me because I'm in a high value thing
But if it keeps the rates higher for I think we need to keep in my worry
Yeah, I
What's your worry if Trump gets elected? He's gonna replace him with somebody else and they're gonna lower the rates extremely
Low as a guy in the real estate business
Speculation and if he does that the economy is gonna skyrocket
But then again, we'll have the same thing happening of a lot of fake success
problematic we need to keep it at around a 6% rate that's a concern of mine
this is not a political position and I'll tell you the person that's in the
in the cabinet is the secretary of Treasury Yellen and she is at odds with
Powell right now and they are trying to push him for more rate cuts
I'm gonna do a case study on it in about a week
I'm gonna break it down so everybody can see the difference between the political player Yellen and
Powell which is exactly as you say Pat trying to stay in the middle. Yeah, so anyways, we'll see what's gonna happen with that
Let's go to New York. So New York City
Hand out ready. So after the guys
Flip off beat up the cops,
what do these guys do instead?
New York decides to hand out $53 million
in prepaid credit cards to migrant families.
Can you imagine that?
Like imagine your kids do something
and you want to discipline them.
What did you do?
You did that?
You stole money from such and such?
Shame on you, here's $1,000.
What are you talking about? You're're doing this this is not the way this is
exactly that's prompting more of that same behavior of the spoiled child that
keeps getting arrested and that keeps bailing them out so let's go through
this folks New York City is launching 53 million dollar pilot program providing
prepaid credit cards to 500 to only 500 migrant families and hotels
replacing the current food service aiming to save the city more.
Oh my, they're making 500 families millionaires.
City more than $7.2 million.
Andrew says spokesperson for Mayor Adams of prepaid cards can only be used as
specific food related businesses and migrants must sign an affidavit agreeing
to spend the funds solely on food and baby supplies.
They must sign an affidavit.
Oh, okay. Got it. Yeah. Yeah. Just. For sure. Yeah. I'll be in court. So a person
that can't be sued with no legal standing in the United States, promise you're going
to do the right thing. Signed a deal. I've already broken a law seven times. I'm not
going to do it an eight time. No way. Not me. No, I'm not allocated. The amount allocated
depends on family size and income with would a family of four potentially receive nearly $1,000 a month for food.
If successful, the program could expand to all 15,000, my, oh my God.
15,000 migrant families and hotels since 2020 to over 150,000 migrants
have arrived in New York City, leading to humanitarian crisis and significant
costs for the city, with Mayor Adams traveling to Latin America to discourage
further immigration. Read the lessons again. Where's the mayor? Yeah, in Latin America to discourage
immigration. 50 cents blast them, you know, with the plan of giving prepaid credit cards. Maybe Trump
is the answer, says 50 Cent after the 53 million dollars, says WTF Mayor Adams, call my phone. I
don't understand how this works
Somebody explained the rapper wrote after sharing the screen grab of the post coverage. Can this can can't explain this I'm stuck. Maybe Trump is the answer again. He's talking about the whole
53 million dollars. Can you play the Eric? I'll find a clip and I send it to you. It's Eric Adams talking about 50 cents
But go ahead Vinnie. What what dude as I was born in Yaggers, New York, what, what the hell is happening
to New York?
It's Gotham city.
Like what a spit in the face to the homeless people in New York.
And I don't mean the ones that are just young and like on drugs and they're just begging
for money.
What about the ones that are just out there?
They can't afford it.
They're, they're, they're dying in the streets, the veterans and everybody.
Dude, this place has become a joke. It's absolutely laughable.
And I feel like we're living in that movie Idiocracy.
It's absolutely nuts that this is going on.
It's like, whoa, why be an American citizen?
Being illegal is the way to be.
And this is the clip right here, right? Pat, this is it.
Yeah, go ahead and play this clip.
And so I know under first brush, you look at it and say,
oh, wait a minute, what are you doing?
You're getting people calls.
But once you dig into the numbers and in the line,
you'll see that this was a smart policy shift
that we're doing on a pilot project with 500 people.
If this is successful, we're going to expand it even more
so that we can bring down, we got to bring down the course.
20% we want to bring down the course
and their team are doing their job.
So I told 50 Cent to hit me up.
I would love to explain it to him
so that he can go out and do another tweet of saying,
you know what, Eric is just a smart manager.
And now we understand why he was elected by the people of the city of New York to be the
mayor. He may even write a song about me.
Okay.
And I also want to say joy.
Just to give you guys a heads up, it's my cousin hit me up about the pandemonium that's happening
in New York. Just real quick, this money that he wants to give to these people, these illegals,
you know, besides beating the hell out of New York City's finest and
flipping off America, I talked about that last week. Look at what they're robbing this
lady to grab her phone. There's a gang of like 60 of them. Okay, it's like a moped gang.
They're going around New York, grabbing this lady and they're, well, by the way, this is
one of the migrant facilities inside New York. Can you play this one? Look at the shitshow
They're trying to arrest somebody look don't touch me don't touch me
Look at this back trying to arrest them look look look
That's New York for those. That looks like a third world country.
It is.
It's insane.
They grab some money, they arrest them.
They're on the ground.
I'm shocked they didn't beat the show of the cops.
She's handcuffed.
Stop this.
Can you show the moped?
Apparently, there's a moped gang now of illegals led by one guy that are going around and robbing
people on moped.
They do like a, like a, like a, like a, like a, like a, like a, like a, like a, like a, She's handcuffed to our stop this and if you show the moped so apparently there's a moped gang now of illegals led by one guy
That are going around and robbing people on moped like they do like I
Saw a couple these videos like a Mexico in Venezuela. Look at this Rob. I send it to you on slack
Yeah, this is the video so bad this lady is walking with her phone and I look they grab her they look they drag her
That's in New York
That's in New York. They're grabbing people's cell phones. They look just pollinating. Wow
It's probably broker legs. It's absolutely pay. It's Gotham City and my question I had asked this last week Pat
Where are the New Yorkers? And I hate when people like well, what are we supposed to do get in the streets?
Protests do something. Nothing is changing. You're going to be overrun soon. By the, there's
how many hundreds of thousands there? They're robbing you, they're shitting in front of
God.
Oh my God.
At this point, it's not where our New Yorkers is. Where is Batman?
Oh shit!
It's like what they're doing to Gotham City is heart breaking.
Oh shit!
And where is Mayor Adams? Mayor Adams is in Latin America to discourage further migration.
I have $53 million in cards. You can walk right across
and Southwest will give you a free ticket. Don't do it. What do you say?
Exactly. And by the way, here's 50 cent responding. He says, I talked to Eric Adams. He broke
down why the pilot program was put in place. He appeared to be on point on top of things.
And I want to talk to the governor, Huckle, about the laws preventing him from doing things
to make the situation better in New York and where the proposed 2.4 billion dollars she's planning on spending on migrants
is coming from not my taxes. So again, so it seems like Huckle and Adams are going at
it, but I don't think either one of them, neither one of them are doing a good job for
the city of New York right now. It turns out that nobody is listening to Kamala. Remember when Kamala was like, don't come.
Yeah.
Don't come.
Right.
And then Trump was like, I'm gonna come.
Yeah.
So nobody is listening to this.
But here's a final point for the economics
of the United States, folks.
A state can't run a deficit at the end of the year.
They have to figure out bonds
or they get relief from the federal government.
So when New York does this, and New York is then going to from the federal government. So when New York does this,
and New York is then going to blame the federal government,
they will blame the federal government
for all of the immigrants who came to Texas,
then they'll blame the Texas governor
for putting them on buses to New York,
and then the federal government will get money
sent to New York, which will gap with their spending.
So basically, ladies and gentlemen,
you and me and our tax dollars are paying
for what Eric Adams is doing,
because there will be no deficit in New York,
because New City, because Albany will cover,
and then the United States federal government
will cover Albany.
That's the way it works.
This is coming back to you and me.
This is not a New York problem.
This is increasing the deficit in the United States of America, and the back to you and me. This is not a New York problem This is increasing the deficit the United States of America and the taxpayers you and me
Yeah, there you go. Okay, so anybody want to move to New York, Vinnie? I mean, they're doing me go back
No, I'm good. I'm already Florida. Hey, you're already funding it man. Where's your vote? Where's your oh, okay?
Next story. Let's go to Joy Reed hot mic. You know, she was on the view as a Christian woman, you know, giving her position on why, you know, it's not her fault, the fact that she had a hot Mike, you
know, it's really Governor Abbott's fault and very noble of her to identify who the
real person of is at fault for her saying what she said about war.
By the way, for some of the people that haven't seen it, Rob, can you pull up what she actually
says and just pull up the last five seconds?
Because I don't haven't seen it. Rob, can you pull up what she actually says and just pull up the last five seconds? Cause I don't think this shows it so we can see on the hot mic.
If you haven't seen it, if you watch the podcast, you've obviously seen it, but if you don't
watch the podcast, this is what happens first. So she's doing this and she goes to, she cuts
to a story and watch what she says real quietly.
I didn't said he's ready to take action if Congress is serious
about solving the border issue.
If that bill were the law today, I'd shut down the border right
now and fix it quickly.
And Congress needs to get it done.
Starting another fucking war.
She's a Christian.
And then she comes back.
Okay.
So now she's obviously caught and she's on the view.
They're going to help her out.
Go ahead.
This, but last week
You had a hot mic moment that got some attention. Let's just say you use some colorful language who doesn't not me
It seems like you were criticizing President Biden for starting another war
I don't think you're alone in concerns of that, but is that true like what was behind this?
Well, I'm gonna hit that with a cute no comment.
No, but what I'm gonna say is,
I am a person that, I'm a study war no more
kind of Christian.
I'm a red letter Christian.
I don't believe in war, whether it is the governor
of Texas literally trying to start another civil war
over an issue that his party could solve tomorrow.
There's literally a bill that they just could pass.
A bill for Ukraine, you're right.
And do the border security issue.
And do the border security issue.
Or whether it's in the Middle East, I was deeply against the Iraq war.
I was again, I'm an anti-war person.
Big time, like Trump.
And so, you know, I don't want to say that there's any sign that is specifically to blame
here, but I think the idea, I think for most Americans, we're war weary. I think
we're all weary of conflict.
That's why we keep giving money to Ukraine to continue the war. You're right. We are
war weary. We can pause it already right there.
You sound to sound like Trump. Like the hair is really, I think, like she's playing the
part.
Yeah.
She's definitely, how about...
I don't care about her hair. I care about her hypocrisy. I think I'm hoping...
I mean, the hair is a little...
If she was a real Christian underneath all this this I think you'd see a little humility and a little
things coming out. I judge her by her actions and I'm looking at it and I see
just a hypocrite who is sitting in a job and doing what the producer in her
ear is saying to do and when the hot mic was there that was her heart coming
out. That's what she wants. Why be upset Tom if she likes Trump's hair why does
that upset you? Why is it not interesting's hair, why does that upset you?
Yeah, why is it? Why is that not a good thing? Why is it something that gets you to be bitter
about it? There's so many other things in life to be bitter about. You're upset with
the fact that she likes Trump's hair. Yeah, leave it alone. I mean, this is America. I
mean, we were at the actually trying just to get to the heart of the person and say,
let's evaluate the person and just close my eyes. How do you get to the heart of the
person? You don't look at the top of their head time. You got to start somewhere.
And that's, that's a Trump attitude of no war.
But she sounds like Trump, but when she's not in front
of the MSNBC camera, she's America's racist.
Everything sucks.
Bring on the illegals.
But when the mic's off, she's anti-war.
And she's just like us, but it's weird that she's basically
sold her soul for money for the paycheck to lie to everybody.
Do you believe that? Do you believe that? I think 100%. She's, she's one of money for the paycheck to lie to everybody. I think 100%
She's she's one of these like we talked about this how much are you willing cuz I know Adam
We talked about this like if somebody gave you a hundred million dollars would you do such such as I wouldn't be able to do
It because of my soul. I can't look at the American people and go everybody's racist. Let's keep you money to Ukraine
This is this oh, it's not it's not called pedophile it's called minor attractive person I can't do
it I can't do it and you this is proof that she's at somebody different in
front of the camera but behind closed doors she sounds like Donald Trump she
sounds like Trump and I'm obviously we're joking about the air which is
hilarious by the way I'm just gonna say it but my point is like you have sold your soul
You're not this person and by the the view
Probably one of probably one of my favorite shows that's out right now
Nothing to me is better television than whoopie Goldberg joy Bajar and just a bunch of lonely angry women
Just that's your shitting. I love I wake up with a more the first
Why don't we why don't we talk about like some great things
that's going on in Vermont?
Vermont is debating a millionaire tax,
billionaires tax, millionaires tax.
Massachusetts add a billion to its budget
and paid for school lunches with a similar tax.
Six US states, including Massachusetts,
have implemented millionaires' tax to generate
additional revenue, but Massachusetts adding $1 billion to its budget in 2023. Massachusetts
imposed a 4% tax on individuals earning over $1 million, with a half to proceeds allocated
to education and half to transportation. Vermont is considering a similar tax aiming
to impose a 3% tax on individuals
adjusted gross income exceeding $500,000, potentially generating an approximately $100
million annually for the state's budget. President Joe Biden has advocated for federal
versions of these tax laws, including a proposal for minimum 25% tax on households with a
net worth exceeding $100 million. Although some of his other tax-increased proposals
face hurdles in Republican-controlled
House of Representatives.
What are your thoughts on this Vermont millionaires tax?
Well, there's two parts of that story right there.
The first part is very real.
Vermont up there, the land of Birkenstocks and Ben and Jerry
and some real whack thinking.
You're seeing the first chapter of true American socialism in terms of income redistribution.
Whenever taxes are raised, people scream, ah, they're redistributing income.
Nope, that is redistributing income.
How much do you got?
I have this much.
That's not fair.
I'm going to take an extra scoop.
Actually, it's worse than that.
It goes, did you pay your taxes?
Would you earn this year?
I earned this much this year and I paid my taxes to Vermont and to the federal government
and I passed an audit.
Great.
How much do you still have left in the bank?
Well over this amount.
Okay, we're gonna take 4% of it.
That's income redistribution.
That is Robinhood.
That is take from the rich and give to the poor.
This is the first step of structural socialism people.
This is the first step and it's on the books.
It's not a threat.
It's actually working and not working.
It's implemented in Vermont and Massachusetts and other states behind.
So, you know, get ready, buckle up.
You're seeing the implementation right here and it worries me.
Adam.
You know, earlier you talked about perception as reality, right?
And if you ask the average person living in Massachusetts over a month or any of the states that are possibly going to be advocating for this millionaire tax. It'll be like, why is it fair that these guys make
over a million dollars a year of a net worth
of a hundred million dollars?
It's not fair, it's not fair, it's not fair.
They don't look into the slippery slope
of being like the wealth redistribution.
They don't go that further.
They don't say, well, you know,
that's actually antithetical to how we operate here
in capitalistic
societies and they're basically endorsing socialism, unbeknownst to them.
And that is Bernie Sanders country, Vermont.
So I would not be shocked if that passes.
You would not be shocked if that passes in Vermont.
Vermont.
Tom, do you think there's any likelihood that eventually that'll be done in the States like
federal at the highest level where there'll be a millionaires tax?
You think that'll happen in our lifetime?
Yeah, I think it will and I and
Federal not state federal. Yeah federal. I think it will because
2024 I'll tell you what will happen if the election
2024 I think it will happen at the federal level in March of 2033.
When the 2032 president is inaugurated, I think that's when you're finally going to see it at the
federal level. I'm counting the elections here and I'm counting the years and I think it's I think it's
eight years away
scariest thing to me is this
Half a million dollar three percent
because You know when you throw out ridiculous numbers of tax, you know if you're worth a hundred million dollars
Most people are just like, yeah, well, you know, who knows how many people like that?
You know, we know 150 million dollars ain't want to use
Anyone used to be man. We all know that
But we know plenty of guys who are making a half a million dollars a year and now they're gonna take three more percent
What you're already basically paying the progressive tax rates. So it's frustrating for high-income earners because this is
It disincentivizes well.
That's the key.
If you keep doing that and you keep going after those guys,
you know, it's the incentive to want to work your ass off to your business
and you're literally a slave to your business for many, many years.
You don't have a life for many, many years.
A difference between maybe a second gen, third gen,
where you're getting the money from your family
and that's passed down to you.
And even that, that is the family work talk
to be able to pass it down to the kids.
And there's stipulations on how you pass that money over
to them.
But you have to incentivize younger people
willing to work hard and make that money and keep that money.
But apparently, that's not something
that's popular in the state of Vermont.
I've got a movie I want to show you,
and a movie of Alexander that's come out. I don't know if you guys have seen it
or not. Two, I got a video I saw the other day by someone that I just want to
share and get your thoughts on this and last but not least we got another video
of the McMahon interview of a former employee this is an older interview for
us to watch then I got two other stories and I will wrap up with Musk.
Grab go ahead and play this clip I don't know who sent this to me,
but I didn't want to say what she said.
I just wanted to share it because
she makes a very interesting point
and I want to talk about this.
Go ahead and play this rap.
One percent of the population control the world.
Four percent of the population are their puppets.
90% of this population is a zombie, is a sleeping zombie.
And five percent are trying to wake up the zombies.
1% make sure that the 4% stop the 5% from waking up the 90%.
Do it again, play it again.
This is not a war between two religions.
Play it again, play it again.
Okay, so pause it first.
Again, we caught the first one, which was what?
1% runs the world, 4% are their pop puppets 90 percent are zombies
Five percent are trying to fight the one percent from controlling the world and then she gives a second part play it again
Rob
One percent of the population control the world four percent of the population are their puppets
90 percent of this population is a zombie with a sleeping zombie and
Five percent are trying to wake up the zombies the one percent make sure that the four percent stop the five percent from waking
up the 90 percent. This is not a war between two religions.
This is not an ethnic war. This is not a racist war. It's none of these.
This is the oldest trick in the book. Divide and conquer.
This is what war does. They create the division.
They make sure you are racist. You're in control by fear.
You're breeding hate in order to divide so they can conquer.
Do you know how a magician does his trick? So basically he has a plan and in order for him to do the trick without you noticing
He does this loud and think here so it distracts you constantly while this is happening
He slowly creeps up from behind to implement his magic trick and then magic. That's exactly what the politicians do
They are distracting us with really, you know, we are not really a breakdown
Right in order for them. What's her breakdown. It's not just color, this race, this religion.
In order for them to just do the matching.
What's her name?
Can we give her a cruise?
Can you see if the name is given on who this is?
Just zoom out a little bit to see if there's a name to it.
Okay, there's not a name.
Okay, Olga, well, whoever it is, good for you.
So, again, what was the second part she said?
Vinny, you kind of look like you like her.
You're not even looking out.
I mean, she sounds like someone that I could definitely have dinner with.
Vinny's like, she said too many percentages. All I know is I like her already. I'm not
sure what the percentages, but basically that's what she said. The 1% is doing everything
they can to not allow the 5%. To wake up the 90%. That's but it's true. It's very true.
And the brilliant part is not racial. It's not religion. It's not any of that. It's
right. Divide and conquer. Don't wake them because the 99% we have the power, but they're very, very good at
making us all fight on some dumb shit.
So guess what?
If you're watching this, which one are you a part of?
Think about it.
I'm the five.
Are you part of the one, the four, the five, the 90?
Think about the, and by the way, everybody at one point was part of what camp?
The 90 camp? Of course. And by the way, everybody at one point was part of what camp the 90 of course everybody
was part of the 90 camp because so, so easy to buy into what these guys are saying.
They got the degrees, they got the education, they look good.
They looked apart, you know, they went to X, Y, Z school.
They should know what they're doing, right?
They're smarter than me.
I should listen to them.
And all of a sudden, boom, wait a minute.
No, pumped the brakes.
I'm not willing to do that.
The game then changes, right right on where it goes to what do you think our audience, your audience is the
percentage of the word. I mean, they have to be the 5%. I think these people out here
are they're awake. We're not woke. We're awake. We get, we, I think your audience back is trying
to wake up the 90%. I give this audience a really high 5%
factor. And I think that 5% has gotten bigger in the past couple, let's say, you know, seven,
seven years that 5% is getting bigger. But I mean, don't get me wrong, there's no, there's
no shortage of the sleeping zombie sheep. But I think our audience, I would say is of
that, it's a big
chunk of that 5% that are coming with everybody up. Part of the nineties are waking up.
I agree. I agree. I agree. But I love, I think are cause I read the, I read the comments. I
know some people are like, the way is Vinny's so angry. I'm passionate and I'm trying to wake up
the 90% and you can't whisper to that 90. You have to slap them in the head and yell.
And that's why I'm amped up at nine o'clock in the morning
on some vault.
But I think, but I do think that 90% of the time
you nailed it, bro.
It's, they're slowly starting to be like, huh?
You know what I mean?
They're waking up and I give a credit to our audience
because I'm in the chat and these cats are,
we're awake ladies and gentlemen.
I love you.
Well this is the whole conversation with the red pill
versus the blue pill.
Whether it's in life, whether it's in politics, whether it's dating, whether it's
intersexual dynamics, whatever it is. Do you want to be asleep at the wheel and not know anything, the blue pill?
Or do you want to know the difficult reality, the truth of life, which is the red pill?
And obviously, I think our audience is obviously on the red pill side of things. No doubt.
But that's the reality of things
is that once you, you know, what you talk about peeling back the curtain curtains open,
this is what's happening over here.
Can't go back at him. Most people are like, I don't want to see what the hell's going
on back. Yeah. That's it. That's it. No, you nailed Adam because that's the people like
I don't even don't even touch the current because when you hear that saying ignorance
is bliss. I don't. And we know those people like, I don't, I can't change. And I think that's the problem. Ignorance
is in bliss. Ignorance is ignorant.
Okay. So you asked the question on what percentage, who watches, who's our audience?
Yeah. It's so interesting. Rob, I sent you a clip. If he can pull that up. I'm at Dylan's
game the other day and the coach of the opposing team, when I'm walking in, he stops me.
And he says, man, I got to tell you, I never missed the podcast and I start talking to him. I said, but he tells me something very, very interesting, Rob.
If it came your way or not for you to pull it up.
The, our audience is a very interesting guy.
There's a lot of audience, our big part of our audience is people that also
disagree with us.
I know who watch.
We're kind of like not necessarily that they hate you. They watch it to find leaks in our argument, but they also they're secretly closet people
who can reason and they're afraid of their ability to reason that could get them to be
like, oh my God, I don't want to agree with this.
Why did you fucking run to the right?
A little bit right on what they're talking about.
Not because we're always right and not because we're,
you know, no, exactly what we're talking about.
Just we're reasonable people that have the ability
to see BS on all sides and the gamesmanship
and have realized that this thing went from being
Republican and Democrat
to when to left versus right to when to vax versus not taking a back to when forced to
freedom to when to establishment anti establishment to eventually look man I'm part of the freedom
camp they're part of the force camp I'm not good with the force camp I'm part of the freedom
camp this is what I'm willing to do Rob the video is not sure is it showing on your end
or no because I have it on my phone I'm willing to do Rob if the video is not show is it showing on your end or no
Cuz I have it on my phone. I just have to send it to this computer. Okay. God if you can do that that'd be great
Because this guy pulled me aside and man, I just want to show this thing
I don't know why it's giving me a hard time because maybe I'm a wife
I did you post it on let me see I haven't posted it yet
Let me see if this is gonna work and this is what what game Pat what is it?
Don't explain the game soccer game soccer game and he says this. Anyway,
it's not pulling up on my, right. If it's also not pulling up on yours, are you able
to get it or no? Okay. Let's see if he's got it. Cause I don't have it. And this is just,
this is just a, just a, a parent. He's a, he's a coach.
The coach of the opposing team.
Gotcha. Gotcha.
And I said, you're okay. If I record this, he says, yeah, go for it. Go ahead and play this clip. All right. See if it's, oh yeah. I'm playing for keeps and I said you're okay if I record this. He says yeah, go for it
Oh, go ahead and play this clip. All right. See if it's oh, yeah, it's other videos. It's great played the Latino guy
So I'm pulling up to Dylan soccer game
He's got here and he pulls me aside and motto says the following to me model
What did you just say? I'm a Democrat, but I watch all PVD's podcast
So why do you watch it as a Democrat because I like like to see both points of view. Guy. And I respect all opinions.
Maro, what do you disagree with?
Tell me, like, if there's three areas that are like, Pat,
I disagree with you in the following areas.
What would those be?
That's a tough question.
I don't know.
You've got to think about it.
Yeah, I do.
What business are you?
What do you do?
I'm a coach.
I'm just talking to you.
Yeah, you can also.
By the way, he was the head coach of the other side
who pulled his pulls out.
You know what?
But I'm still watching the content.
So again, you can be part of the 90 who wants to go into the five and you want to be able to think for yourself and you're
allowing the arguments to go through the test. Is this a solid argument or not? It is very hard
to go through that, but for the people that do that, you're going to get to the other side and
it's going to be something for you. You're going to say, oh, I never thought this was gonna be me on this end of the spectrum.
But another thing to be thinking about,
for the longest time, have you ever seen the movie
Alexander the Great, the original one with Colin Farrell?
The one that came out where it wasn't good,
it actually flopped, right?
It was like, yeah, it was just something to kill time.
And I'm a Colin Farrell guy.
I remember Colin Farrell from a movie,
The Tiger Land or something like the old one. I don't know if you've seen it, recruit to with a, he's phenomenal. So this movie
was a, wasn't, wasn't that good of a movie. He's done better movies. And I was hoping
for another Alexander to come out and it did come out on Netflix. Right. Getting pulled
up this picture. This is not a joke.
They're looking good. It just came, it came out on Netflix. You know how long it takes
for him to make out with another
naked man? Time out. How long do you think it takes? You're dead serious? I didn't even
know what we were going. How long do you think before this documentary series? 10 minutes.
Eight minutes. He's kissing another naked man in the Alexander, the making of a God documentary.
Nice. You know? Yes, Tommy. I'd like nice butt. So anyway, get back to...
No, but the point is like, listen.
I know you're thinking.
You want to learn more about what's going on and they want to put the...
They can't help them.
Their obsession with the sword fight between eggplants, right?
It's just...
It's like, I don't know, any other proper, is that, is that the more, why you guys,
you guys are more American?
I've never heard sword fight with eggplants.
I've heard sword fight.
It's the egg plant sword fight.
I've never heard of the conjoined.
They're obsessed with it.
I don't know what it is.
Like pow, pow, pow, pow.
That's what they want.
Was he gay in real life?
Who was who?
Alexander? No, but this is 2000 years ago when the guy. When his lover died, he held
a three day funeral and it was like a month long morning. Yeah.
Oh, anyways, I was hoping to see a, you know, a documentary on Alexander with my kids, but
obviously after seeing what's going on the first eight minutes, folks, if you got kids,
this is not a doc for your kids. I just wanted to put that out there. Vince McMahon. A lot
of stories have come out with Vince McMahon, right? This guy, a lot of stories have come
out with Vince McMahon. Did he do it? Did he not do it? You know, the word that I disagree
that they're using with Vince is what human trafficking. Human trafficking. We've heard
this one before. Yeah. But, but the keyword is human trafficking. Human trafficking is one thing, okay?
That's not where you're actually trafficking people,
making money, it's a business model,
all of that that you're doing,
that Epstein and some people who have been accused of
in politics that have been involved in on that island,
that the report is gonna be coming out
with more names and Whitney Webb and those types of things. She wrote a involved in on that island that the report
is going to be coming out with more names and Whitney Web and those types of things.
She wrote a couple of books on it.
This is a bit of an older interview with Vince McMahon, somebody sent me.
I think it's worth watching.
Go ahead and play this, Rob.
There is sexual harassment amongst the wrestlers or employees, the World Wrestling Federation,
today. There is a harassment amongst the wrestlers or employees, the World Wrestling Federation, today.
There is a possibility of that. That's why I have these independent investigators to come in.
And who are the independent investigators? Fairfax Group Limited.
Would you therefore believe that because of all these allegations coming forward and more and more corroborating evidence proving that there's no doubt sexual harassment is running rampant in the world resting Federation that you are definitely gonna come public and do
something about it. Why wouldn't I? Because you haven't done anything about it
until it became public because you thought it was under water. Because I had no knowledge of it.
I made knowledge of it to you when I was fired and you just blew it off and let me go.
I retained it because you were not very good. You were not a very good announcer.
You could not. The only reason why you were could not I didn't sleep with your vice president two weeks later. I'm fired. Why didn't you say right then?
Why didn't you say hey look Vince your but your vice president made a pass at me?
You never told me that no one had any knowledge of human resources had no knowledge of that
Renee Dubose was waiting to hear your story. Why did you wait six months?
You asked me for a hundred and sixty thousand dollars today. Otherwise you were coming on this program I mean listen. You have tried to buy me off to shut up so I wouldn't come forward and tell of these allegations that's running through the world
Do you know I mean listen?
What year was that I don't know what year that is Rob. It's an older video because he definitely doesn't look like
1992
Was the vice president female that was trying to hit on this guy or was it a guy? No, they were you know
there have been accusations of homosexual.
Activities?
Yes, with underage children in the WWF,
as far back as the 80s.
There used to be, there were a group of boys,
I believe they were called the Ring Boys,
who accused certain WWE executives
of having sex with them while they were underage.
I mean, these allegations against Vitz McMahon
are nothing new. They go back to the 80s. There have been women that claim that he forced
them to give them a force the woman to give him sexual favors and limousines. He was sued
by the by Brock Lesnar's wife after she was fired from the WWF. Back in, I'd like to say
the late 90s, early 2000s, he she 2000s, she sued him for sexual harassment as well.
And Brock Lesnar and Vince McMahon are also implicated
in these latest accusations.
By the way, there's nothing to me,
all that stuff is, you say all the stuff that you say,
you know what's got more credibility with me
than anything else when your kids
don't wanna be in business with you.
Okay, that's the biggest thing. His kids stepped. Don't want to have anything to do with them. Wow, that's when it's that's that to me
Oh, yeah, you know
You can say whatever you want man. You can say all that stuff, you know, that's why when Hillary Clinton said what about Trump your kids, right?
Can you pull up if these these guys kids don't want to have anything to do with them?
And you got to realize like when I mean nothing,
they stepped away is Stephanie McMahon has resigned
from WWE co-chair, executive officer and chairwoman
of her father Vince was unanimously reelected
as a company's executive chairman.
Stephanie McMahon returned from a leave of absence
July to take over as a co-CEO and Vince retired
amid allegations of sexual misconduct.
This is when by the way, way, this is a year ago.
Yeah, last year it came out that Vince had paid
around $12 million to keep certain sexual harassment
allegations quiet.
He stepped away from the board.
He then came back to the company at which point
Stephanie walked away and Stephanie was running
the company with her husband, Triple H,
who used to be a wrestler and is now a high
up in the company. Yeah. And so that the brother also stepped away. So the brother also stepped
away. So both of them stepped away. Shane McMahon's departure from WB happened as a direct result of
events of Royal Lumber. It's coming. So now while this is going on, who but who bought WWE? I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry,
I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry,
I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry,
I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry,
I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry,
I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry,
I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry,
I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry,
I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry,
I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm Who? Who is who? Who is the most beloved guy? He's got, nope, he's got a crystal clear, yeah, he's got a clean cut guy.
You bring in the rock is officially a member of the board of directors of the TK.
They have to do this. It's a great move. Yeah.
And the rock is the right guy to come in to do some like this because they need somebody that's stable,
they need somebody that's reliable,
they need somebody for this space that's dependable.
And apparently there was a major event this last week
for wrestling with him against the other guy,
what's the guy's name?
Roman Reigns.
Roman Reigns, yeah, apparently they called it
like one of the biggest events of all time.
Did you follow it or no?
Yeah, it's so dorky, sorry.
Well, we know, go ahead, I wanna I want to hear some of this stuff. Yes. Uh they brought
the Rock back as a surprise on Friday night. Um and he's going
to now face Roman Reigns at WrestleMania. The big thing in
the wrestling community is that there was a guy who won the
when you win the Royal Rumble, the Pre-Preview before
WrestleMania. If you win that, you get a shot at the WrestleMania
main event to face whoever
the champion is for the belt. This guy won it and then the rock comes out on Friday night,
surprises everybody. He hugs the guy that won the Royal Rumble. That guy leaves the ring and then
Roman Reigns versus the rock is the big hype for WrestleMania. So they're making this big push
to put the rock up in the main event so people aren't focusing so much on what's going on
with the allegations and they're focused on this.
Look, it worked for me.
By the way, guys, this is called the genius of Ramaman.
Oh yeah, if you guys are wondering,
Rob is 100% going to a monster truck races weekend.
100%.
Yeah, by the way, Rob loved you
when you were part of the Bushwhackers crew.
Bushwhacker brothers, Bushwhack brothers.
Pull those guys up. Those are amazing. Those solar bushwhack brothers. Bushwacker brothers and Bushwack brothers pull those guys out.
Those guys are amazing.
They're both Bushwack brothers licking each other in the head.
Rob, you were part of the Bushwackers crew.
If you're not related to these guys, then we're not ever talking again.
The Bushwack brothers.
100%.
Look at Rob.
Look at Rob and his cousin.
Look at that.
Look at these guys.
Eating sardines and licking people out.
Now these wrestling was great.
Make wrestling great again. I love it.
Here's what I can tell you about Vince McMahon.
All these allegations, human trafficking allegations,
sexual misconduct allegations, sexual harassment allegations,
all allegations.
But I'm very comfortable with label him a total creep.
We all know some creepy ass dudes out there. You've heard these stories
about what he's doing with the girl, but the dildos and the tax, the tax and saying I couldn't
read all I was just like, okay, I'm good. Some of the weirdest stuff ever. Total creep
like all those texts. That's yeah, that's, I mean, that's a regular, you know, Saturday
night for Tom, but for him, that's disgusting.
Tom, it's going to be okay.
I love Tom.
Okay.
So do we have any other stories? Pat, do we want to do, we have two stories left.
We want to do we want to do a Haley.
Do we want to do muskin board?
Do we want to do dad lose his custody for refusing?
Which one do you want to do?
Dad, that story is just people got to know because this because they pick the other one. What were the three? So you
got dad loses custody, Musk or Haley. Let's do dad and finish a musk. Okay. That's what
we're doing. Our dad loses custody for refusing to trans son. Here we go. Oh my God. This is the PJ Media story a New York father Dennis Hannon has lost custody of a son Matthew for opposing transgender
medical treatment for the child who later expressed a desire to live as a
Bylaw as his biological sex and think about it originally he wanted to sex change transgender and eventually is like now
And I just want to stay what I'm right now Matthew's mother
transgender and eventually is like, nah man, I just want to stay what I'm right now.
Matthew's mother began taking him to transgender therapists
when he was only five.
How old?
I was saving this.
How old?
Five years old.
Five years old.
She belongs in jail.
That's where my point is.
And the boy was recommended for puberty blockers
before the age of nine.
Then, what's, this is in New York?
New York, that's how it was.
Dennis Hannon was unaware of his son's therapy
and transgender identification as Matthew did not express these feelings with him. What's this is in New York? New York, that's how it is. Dennis Hannon was unaware of his son's therapy
and transgender identification
as Matthew did not express these feelings with him.
The situation came to light when Dennis received
a letter from Matthew's kindergarten addressed
to the parent or guardian of Ruby Rose Hannon.
Despite never being diagnosed with gender dysphoria
by medical professionals, Matthew was on the fast track
to receive puberty blockers. Dennis
Hanna's effort to terminate Matthew's counseling and protect him from potential medical harm
resulted in him losing custody, spending over $150,000 in legal fees, damp, a lot of money,
and being ordered to pay attorney fees for Matthew's mother. Wow. Vinny.
Is that like, guys, first of all, and again, how many times am I going to bash New York?
And I mean, I love New York my day like family still there daily
But dude what New York is completely lost it. That's some evil shit and you nailed it
How is the mother not in prison for for 20 years?
Are you kidding me the father brother the father lost his retirement dude a hundred and fifty thousand dollars and then guess what the
Father lost his retirement due to $150,000 and then guess what? The son was like, no, I'm not Ruby.
I'm going back to being a boy.
Like if that right there isn't telling you
that that's just evil incarnate live in front of your face
and this poor guy's life is ruined
and they're siding with the mother.
What are we talking about?
Like is this real life?
Tom, five years old.
First of all, is this real life? Tom, five years old.
First of all, is that even legal in New York?
Tom.
Well, apparently it is legal in New York,
and there's some sort of counselor.
And the school was in on it or cooperating with it
because sending the note to the guardian,
the parent or guardian of Ruby Rose.
So the school was accepting or, you know, facilitating or participating
in calling him by this alternative name, not his given name. And number one, and number
two, there's absolutely the shocking thing to me is that the, what the outrageous thing
is that there's no outrage, right? There's no outrage on the school. Oh, a five-year-old wants to do this? Okay, wait a minute.
So he wants, you know, it's just shocking to me
because kids go back and forth all the time
on what toy they like.
And now you're gonna start giving him
purity blockers and chemicals
to make permanent life change at five years old.
Come on, come on.
So, you know, the age old question is this nature versus
nurture? Clearly, this is a nurture situation right here.
But we covered that we didn't this was a story. I didn't want
to focus on this particular specific story. I don't know
what happened. It's ridiculous. Disgusting. What I do want to
focus on is basically what's happening to America.
So this is this is an article from the Daily Mail January 22nd.
The rates of gender dysphoria have increased in every US state except South Dakota from 2018 to 2023.
Okay, what the sharpest rise is seen in Virginia of all cases.
So they basically break down what states this gender dysphoria has been sort of rearing its ugly head
More than anything and what states it's actually been decreasing or the smallest amounts
Top 10 states Virginia up
274% what then you get Indiana
247 Utah
193 Alaska one 83 South Carolina, 171% Delaware,
170 Kansas, 147 Washington state, 145 Colorado, 145 Maine with 135. This isn't a red or blue
thing. Okay. These are states all across the country in each of these states, states with
the smallest
increases, the least South Dakota only, you know, like there's a snow and nobody's there.
But then Hawaii, only 6% Connecticut, 10% Iowa, Florida, Alabama, Arkansas, Oklahoma,
Wisconsin and even New York all on the bottom 10 of state. Who's the minus 23 Rob? Who's
the minus 23 that is South Dakota?
Okay. Good. And Florida's at 35. Yes. So it's up in every single state across the country.
So except South Dakota, Kristi Noem, right? So the LGBTQ, all that push, all that, all
that, all that is the T. Look at how, look at at how that member we're talking about that small minority. It's working
It is working bro. You 193% in Utah that means everybody's gonna be trans. That's insane
This is in every state across the country red or blue or purple it's very weird
Rob who's the 274 is that Virginia the 274
27 they're number one they're leading the league right outside of DC. Rob you're
talking about these policies. This is shocking this is weird. Gender dysphoria
is skyrocketing in America. I would love to know why it's only six percent in
Hawaii. Is it Hawaiian Samoans? Is it something that within their culture
that's not accepted like I would love to learn more about the six percent. Take a look at the top pat. This is gender dysphoria
Diagnoses so where you've got the radical school board. I know something about these stats
Adam's correct to pull this up like this
And but you dive into deeply in these stats and you have a couple things one you have year-over-year change
like in Indiana Indiana the year- year over year change, 247% because only recently did they get onto school boards
and they wanted to start diagnosing it.
So if it was very small before, you know, lost big numbers, lost small numbers, that
if you had 10 before but now you've got 20, 37, oh my gosh, we're up 270%, right?
And so you've got school boards now that become woke
and say, well, this gendered is for you,
this gendered is for you, that's gendered is for you,
that's gendered is for you.
And so you have radicalized school boards
that are creating guidance counselors who remember,
this is not medical diagnosis,
this is psychologist and psychic diagnosis, which have this incredible
low standard. It's not like, do you have leukemia or do you not? This is arbitrary,
very arbitrary and very subjective at the hands of practitioners who may be woke and more likely
to say, oh, you're depressed. You don't feel accepted, maybe it's just the real you is trapped in
the wrong body. And you say that to a confused 13 year old and they're like, maybe I am.
Tell you what, I'll go get my gun and I'll come back and I'll write a letter about white
people. I'll be right back. And you get a shooter.
Yeah. And this is where you see in high schools in Gen Z where boys are more likely to be
trending conservative and girls are more likely to be trending
liberal, you see stories pop up where they're putting
tampons in the boys bathroom.
We saw that happen in Canada.
Bless you Pat, sneezing on the truth.
Pat's allergic to that bullshit.
I think there was recently another story out here.
They're allergic to that bullshit.
Connecticut is where that goes.
It was in Connecticut. Within minutes of it being put up, put up the students tore it down in the
back. Of course, of course, of course, especially the boys. All that testosterone. And then
you have this stat that we talked about last week where Gen Z is more likely to identify
as LGBTQ than Republicans. Geez. Yeah. Well, weird stuff. That that's that right there. It gives a lot
of perspective on what's going on. America. Let's go to the last story here before we
wrap up with Elon Musk. So Elon Musk has had a rough week to say the least. He's being
targeted left and right. These guys just don't want to see this guy do anything. Tesla's
board first faces a tornado situation after Musk's
$55 billion pay package was struck down, analysts say. Now let's break down what this $55 pay package is. Webwish Securities and Financial Advisory firm released a report on Friday calling
the decision an absolute shocker. It now creates a tornado situation for Tesla's board, Tesla's
board in the next move.
With the street closely watching this poker move and potential statement, the report said,
the report added that Tesla had not yet made an official statement and that the precise
ripple effect remained to be seen.
Ruling found that Musk's $55 billion compensation package was beyond the bounds of reasonable
judgment. The court ruled in favor of the plaintiff, a Tesla shareholder who argued that Musk
had unduly influenced the pay plan through his close personal relationship with board
members, put simply neither the compensation committee nor the board acted in the best
interest of the company when negotiating Musk's compensation plan said the judge McCormick
of Delaware court of a
chancellery wrote in fact this is barely any evidence of negotiation okay so
that's being shut down because of a judge then at the same time look at the
timing of all these things that are taking place the next day so this story
I just read you this February 3rd look at the story on February 4th interesting
maybe they're targeting,
maybe they're not, but there's a lot of coincidence here taking place. So February 4th, story with
Elon Musk is Elon Musk goes told to go to rehab with friends. By concerned friends, Elon
Musk was asked to go to billionaire Larry Ellison's Hawaiian Island to dry out from the drugs around the winter of 2022.
One other friends had expressed their worry reports as the Wall Street Journal witnesses
revealed that Musk used drugs such as LSD, cocaine, ecstasy and psychedelic mushrooms
often at exclusive parties where guests signed NDAs and handed their phones as Wall Street
Journal concerns about Musk drug use extended to the potential consequences for his businesses, including jeopardizing SpaceX's government contracts,
leading to resignations at the top of his companies, and raising doubts about his ability to manage
them effectively according to Wall Street Journal Resources Town. What's going on here with Elon
Musk, Tesla and the board? Okay, two facts. Fact number one, the Zealand musk,
microdose, are used mushrooms. Yes, he even said... Allegedly.
Well, he said... Not allegedly, he said he does. Have I microdose?
Yeah, I've microdosed that. We've seen him smoke weed, it's all good.
Sure. And he smoked weed on Joe Rogan's podcast. Okay, let me tell you, 70% of silicon balladose
us. You know, I know many people there that that's that smoke grass like drinking water and
smoke grass and
Get high
everyone to
Put it whatever the cultural thing is and and and micro dose it's it's not uncommon
So okay, the Zilla must do that. Yeah Yeah. Has he been arrested for DWI? No. Has he had pictures
taken in the VIP of a club so out of his mind he can't stand, like probably 12% of NBA's point guards
just last year? No. No, that hasn't happened, right? So look at what's not happened. Did somebody
probably say, hey man, you're under a lot of stress, you know, you know,
maybe take it easy a little bit, maybe go out and hang with Larry, just go out to the
island for a minute.
That is a hell of a long way from, you know, go to rehab.
And if you're going to go to rehab, you're not going to go to Larry Ellison's island.
They're going to send you to Promises in Malibu.
And so what is happening here?
There's point one.
Point one, does he sure?
But so does the rest of them. So what is happening here? There's point one. Point one, does he? Sure.
But so does the rest of them.
Point two, is he maintaining, extending, and driving the one free speech platform that
we truly have in social media during election year?
Yes.
Do you think that they're using point one to get at point two? That's exactly what's
happening. I'm on record. They, this is hit. This is pure hit.
And by the way, so when you're looking at this, this is the argument. Wall Street Journal
writes the story. You have to, you have to know who likes them. Who doesn't like them.
Just, just always be aware of who likes and who doesn't like. So this is, if you can get
robbed, all of them start off with the first one here.
If you can go to the first one is the one on cumulative
return, go to that one first, the cumulative return.
So this is from Wall Street Journal, that's not the one,
the other one.
Yeah, if you can go to cumulative return.
Okay, so check this out, Magnificent Seven, right?
In 2023, Magnificent 7 did 75%, okay?
Rest of S&P 500 to 12%.
It's very important to know this, seven companies, right?
They did 75%, rest of S&P 12%.
We've seen this before.
However, then WSJ breaks down
of who's the best performing Magnificent 7.
So go to that one next, Rob.
When you go to this one?
Tesla's at the bottom. It's down
25%
Everything else is pretty much up except for one, but the magnificent seven lowest ranking one is Tesla
So okay fair enough go to the next one
On a next chart it shows you what Tesla's done from beginning of, you know, November
2023 to now, you know, goes up, comes down, it's down.
The numbers are not looking good from where it was at to where it's at today.
And last but not least, if you break down the last chart, this is what they show the
fact that Mac 7 is bigger than country weights combined. Their MSCI of all country world index combined
isn't as big as Apple, Microsoft, Amazon, Nvidia, Alphabet, Tesla,
Merida, that means Japan, France, China, UK combined,
or not as big as those guys.
So now let's go through with Tesla.
Couple things.
The debate being made with Tesla, this isn't anything new,
is whenever you're selling your business to the market,
if you're a car company, if you're just
a automotive company, so type in most valuable
automotive companies in the world.
Okay, most valuable automotive companies in America.
Stop it in America, it's fine.
Not even close.
In America, okay, so check this out.
So go to this right there.
Okay, right there, right click on that one.
It's fine, go to the world.
What year is that Rob?
Just so we can see.
20, it's fine, go with that one.
October is late enough.
Fourth quarter, last year.
Yeah, so zoom in.
Look what they have.
Tesla, $801 billion.
Wow.
Toyota is 244, three times plus than Toyota.
Then you got BYD. Chinese largest EV competing with Tesla. Then you got BYD Chinese largest EV
competing with Tesla then you got Porsche 86 billion Vinnie Porsche is 10 times
less valuable than Tesla okay Mercedes Benz is 12 times less valuable than
Tesla so is all Volkswagen Volkswagen that that owns, I think,
Audi, if I'm not mistaken, and Lambo,
I may be off on who they own.
Okay, Stelanus, Ferrari, Honda, Honda.
Stelanus is the new fancy word for Chrysler.
These are,
Honda is a 55 billion dollar company,
Tesla is an 800 billion dollar company.
So the market could be reacting many different ways
to say, hey, Elon, you told us this is a technology company, but is it really? Or is it just an automotive company?
If it's an automotive company, if you type in Rob, the same exact thing, go type in the
same exact thing you did, just go back one and you change one word. Okay, type in not
most valuable companies, automotive companies with the biggest
top line revenue, okay? Biggest revenue, okay? Not most valuable. Take that out and
just make it revenue. Yeah. Let's see what comes up. Purely revenue. Let's see
what comes up. Zoom in. Now watch what happens, okay? Number one is what? Look at
revenue now. Zoom zoom in the revenue for
Volkswagen is 335 then it's Toyota 296 Ford 172 where do you see Tesla keep
going down even keep going down 11th place by the way their revenues 95
billion which is how much less than first place go to first place than
stilantis it's probably even a fourth pretty much a Volkswagen somebody much less than first place go to first place than Stalantis brand you've
probably even heard of or pretty much a Volkswagen somebody Hyundai if I told
you Hyundai did more revenue last year than Tesla you would probably somebody
should go out there asking questions saying who do you think had a bigger
top line revenue last year Hyundai or Tesla out of a hundred people how many
people think gonna say on 90 I'm sorry Honda of course yeah so what's the point
the market is simply wanting the answer
to a question they asked many years ago.
Is this a car company or is this a technology company?
Now, no one knows the real answer to the question, okay?
Nobody does except for one person.
When Elon is asking for a $55 billion package,
what's he saying, Tom?
If I wanna be driving value for this company, I need to know that I can make $55 billion package, what's he saying Tom? If I wanna be driving value for this company,
I need to know that I can make $55 billion.
And Elon doesn't ask for salary.
Elon is only asking for, not for the negotiations
that I've seen over the years, only asks for is,
if I increase the company's valuation,
I want this much money.
So for example, he's probably asking,
if I'm able to increase Tesla's valuation
to $2 trillion, I want to
get $55 billion.
The average shareholder should say what to that.
Yeah, of course.
Take it.
Take the $55 billion, no problem, right?
So this judge is getting in the way.
I fully understand what the market's concern is to see if Tesla is going to become a tech-enabled
company or not, if Tesla is going to go become a battery company that everybody
else is going to use, you know how many people right now around the world are not asking him to
use his batteries that he's setting up in America right now, they're going through him. That may
take another three, five, ten years until he owns all of it, right? Until he owns all of it. So
for the people that are with him and our long-term thinkers, they fully understand what Elon is going
through right now. For the people that are concerned, those concerned people are short-term investors
that have to go explain to their clients that guess what?
Well, you know, maybe the better thing to do is, you know,
Elon's going through a lot of things right now with Twitter and all this other stuff.
Yes, there is a combination of the Twitter people that they fear that he controls Twitter.
There's a combination of those people that he's tool out and his freedom of speech guy.
There's a combination of the people that are waiting tool out and his freedom speech guy. There's a combination of the people
that are waiting for this thing
to become a tech enabled company
because of revenues and skyrocketing.
There's a combination of the people that are wondering
where's the truck, the cyber truck
that we thought was gonna be XYZ.
And there's a combination of him being a math scientist,
which only a math scientist could run a company
to a trillion dollar valuation.
None of those guys there are alive
Operating the company the only person there that's operating the company that started from nothing to pretty much here
Not nothing too small to what it is here. It's Elon Musk and on top of that
He runs another company called SpaceX. He runs another company called Twitter
He runs another company called boring company. He runs on a I can go on
I just put the first ship and someone's brain in the other day.
He's got 10 kids. Wow.
So try to figure all that stuff and he's a celebrity that's going to parties,
that's going to gatherings, that's traveling to all these other places.
I love them.
He's got a pretty busy schedule. He's one of one.
Can I ask you a question, Pat?
Yeah.
Quick math, you're good with math, right?
Pretty good with math.
Try to be.
Okay.
Is 5% a pretty good comp package
for like a CEO? Like you say, hey, you know, an valuation increase and what we do here,
we'll give you 5%. Is that pretty good? Absolutely. Yeah. And I happen to know, I won't say it
out loud, but we both know a prominent CEO that has been offered as much as three times
that. Right? Yes.
Like 15%.
What's 5% of a trillion?
50 billion.
Wow.
That's exactly the math I was doing earlier when I said 55 billion.
He's saying I'm going to increase the valuation to 1.9 trillion dollars and they're afraid
of it.
I was taking it back to comp.
Yeah.
People.
I have no problem with it.
But the judge doesn't understand capitalism.
The judge, all they understand is his tweets.
The judge doesn't understand what it is to run a company, taking up calls at three o'clock
in the morning and waking up at six o'clock to do a conference call on East Coast. You
don't know the life of an operator. Anyways, guys, we cover a lot of different things.
I think you were going to say something. Did you send something to him too? No. Okay.
All right. We cover a lot of topics here today. Again, remember at the beginning, I gave this to you, the hats.
Here's what we said.
Anybody that orders the future looks bright hat right now.
We're doing a buy one, get free anyway.
So if you order any one of these hats, except for this one,
this is the purple and gold series, except for this one
and some of the signature series we have.
Any of these that we have, the military, the black, the white, you buy one.
You'll get one free on top of that
Order above $70 shipments on us on Thursday
I will pick two names random names and we'll send you a free ticket to the vault conference at Palm Beach Convention Center with many
We're gonna be making a lot of surprises there with 10,000 other people will spend three days together at Palm Beach Convention Center
Take everybody god bless. We'll do it again. I think Thursday, Rob. Yes, sir. Take
care. Bye. Bye. Bye.