PBD Podcast - Zuckerberg Admits Censorship, Pavel Durov Arrested, RFK Jr. Endorses Trump | PBD Podcast | Ep. 463

Episode Date: August 27, 2024

Patrick Bet-David, Adam Sosnick, Tom Ellsworth, and Amy Dangerfield cover Mark Zuckerberg admitting Meta censored COVID-19 information due to pressure from the Biden administration, the New York Times... criticizing Kamala Harris' "Joy" campaign strategy, and Telegram CEO Pavel Durov being arrested by French authorities! 📕 PRE-ORDER PBD'S BOOK "THE ACADEMY": https://amzn.to/4e2zXBT 🇺🇸 VT TEAM USA GEAR: ⁠⁠⁠⁠⁠bit.ly/4cwKbJp⁠⁠⁠⁠⁠ 🎟️ MINNECT LEAGUE CHAMPIONSHIPS: ⁠⁠⁠⁠bit.ly/4aMAar8⁠⁠⁠⁠ 🏦 THE VAULT 2024: ⁠⁠⁠⁠⁠bit.ly/3WQYZN7⁠⁠⁠⁠ 🎙️ FOLLOW THE PODCAST: https://bit.ly/3sFAW4N 📱 MINNECT: ⁠⁠⁠⁠bit.ly/3T0AX15⁠⁠⁠⁠ 📕 CHOOSE YOUR ENEMIES WISELY: ⁠⁠⁠⁠bit.ly/3ST1rS8⁠⁠⁠⁠ 👔 BET-DAVID CONSULTING: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠bit.ly/3X8s7kq⁠⁠⁠⁠ 📰 VT.COM: ⁠⁠⁠⁠bit.ly/4duVS4u⁠⁠⁠⁠ 🎓 VALUETAINMENT UNIVERSITY: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠bit.ly/4dpzyJE⁠⁠⁠⁠ 💬 TEXT US: Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! ABOUT US: Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida. --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

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Starting point is 00:00:45 Yeah, yeah, yeah Why would you bet on Goliath when we got bet David? Valuetainment, giving values contagious This world are entrepreneurs, we can't no value the haters I ain't running homie, look what I become I'm the one Alright, so listen, episode 463. We're starting early today, folks. 9.07.
Starting point is 00:01:06 It's super early. Typically, we're 9.18, 9.22. You know the traffic coming up from Miami is not good, as well as the traffic from Bay Colony to here is horrible. Tough stuff, Bay Colony. But we figure it out. Look, there's a lot of stuff going on. Mark Zuckerberg decides to write the greatest love letter he's ever written in his life
Starting point is 00:01:23 last night. And we're going to read it to you, because I think it truly is a love letter to the people that said, you know, there's got to be some kind of election interference. There's got to be something going on here. To those people, he wrote it to you. And to everybody else who didn't want the world to know is furious that Jim Jordan made him write the letter. We're going to read it and we're going to have some commentary on it.
Starting point is 00:01:45 But there's a bunch of other stories. RFK decides to go out there and endorse Trump. Then after he endorses Trump, he has one of the greatest walk-ups of all time, which we reacted to last week with Bret Weinstein. And then afterwards, a couple days later, this Avenger, what do you want to call her, Rob? What can we call her here? She comes out of nowhere, Wonder Woman decides to endorse Trump, and this is RFK's post of Tulsi Gabbard.
Starting point is 00:02:14 Look at that picture right there. That's Tulsi right there. All right, Tulsi. Leader Tulsi. She's got a few ribbons there, man. That's right. Wonder Woman just joined the Justice League. It's been a rough week to say for the Harris, is it Walt's campaign? Don't you just love the way he pulled his
Starting point is 00:02:34 son? I mean, you can tell how strong he is, right? I heard about that. I didn't see it though. Maybe we have to have that clip ready as well to show his power. I mean, if a man's got that kind of power over his young son in his house, you've got to know how he's going to run the rest of us if he gets elected. Just look at this highlight reel, Rob. Play this clip. What a beautiful, just look at this here. Look at that. Hey, hey, come here. Well, that's nothing compared to a Trump handshake. I mean, Trump will rip his shoulder off real quick.
Starting point is 00:02:58 Adam, to your son, I mean, one day when you have it, you'll see that this is a different story. Maybe when he's six years old, eight years old. Hey, the BizDoc Babe is a teacher, as you all know, and she says when she sees that, that is a sign of long-term impatience and a lack of empathy for the condition of the child. She sees it. No, that Tom, you can't say that. Watch your language. It's called love when you're the vice president and you're running for what you're, I think you are reaching. So a couple other stories. I don't think so.
Starting point is 00:03:23 Boink employees humiliated that upstart rival, this company called SpaceX, ran by this guy's name is Elon Musk, the richest man in the world, will rescue astronauts stuck in space. It's shameful. Can you imagine NASA, Boink can't do it, but SpaceX, we're going to come and rescue your guy. Quite embarrassing. And then you have, Vance says that he expects Trump would veto a national abortion law. And then there's a story about joy, guys. I mean, I don't know if you're pretty joyful or not.
Starting point is 00:03:53 Joy read? No, no. Joy is not a strategy. It says New York Times. Opinion will react to that. High rent forces, mom of two, to move family into a hotel. Hope and joy is not paying my bills. However, Harris, at her DNC speech, drew 28.9 million viewers, a half a million more than Trump Politico says. And the one story that they don't say
Starting point is 00:04:20 is there was a rumor circulating about Beyonce and Taylor Swift maybe being at the DNC that definitely fooled the world and that was a WAPO story so maybe they were waiting for Beyonce not Kamala but who knows? Maybe it's both, we'll talk about that. And then we have Telegram messaging app CEO, Durov, arrested in France. We got a few other stories here. Windman says Musk should be nervous after Telegram CEO was arrested. Free speech absolutist, weirdos.
Starting point is 00:04:48 And then Gold hits record high. Five ways to prepare for lower interest rates. Story by Barron's because Powell officially just came out and said what he's going to be doing with interest rates. Unemployment is the Fed's biggest enemy now, Powell says. Hangover. Starwish's DNC had fewer Hollywood celebs, reminds Dems to focus on rural America, crypto industry accounts for almost half of corporate donations in
Starting point is 00:05:10 2024, and then you got Starbucks, they hired this new guy, Brian Nicol, they took away from Chipotle, who took Chipotle from 7 to 71 billion dollars, and on the day of them signing this guy, Starbucks' valuation went up 2020 billion in a single day. After they announce these this year, we'll talk about that. California Ways sweeping reforms in insurance and regulations amid mounting wildfire risk. Australian employees now have the right to ignore work emails and calls after hours. We have an Australian, Amy Dangerfield, in the house. Hello. You've seen her on Saucecast, Unusual Suspect,
Starting point is 00:05:47 and The Decision 2024 with you and Tom. Yes, sir. Which is a show that's starting to get a lot of popularity. We're getting a lot of messages about it. Amy's going to give us her perspective on what's going on with Australia. And then Judge Hans Transgender Woman win against female-only app and landmark landmark case and last but not least, little weird, Financial Times says, Italy opens manslaughter probe into Lynch super yacht sinking. Okay, and that's another story that we have. Now, a couple things before we get into the podcast here. Of course, we got these stories we'll get into.
Starting point is 00:06:21 For 13 and a half years, I know this sounds kind of weird, I've been working on a fiction book. I've never written a fiction book before until now. It's called The Academy. I've been working on this thing since 2011. It's a story about a kid who gets recruited into a secret society that's been on for a long time that develops the greatest leaders in the world and you get a chance to go into this vault to learn from different leaders.
Starting point is 00:06:49 Imagine having a one-on-one conversation with people that have been dead for many years, but this technology allows you to have a conversation with them, asking them about any issues that's going on. There's ten characters in this book. Tupac's one of them. Marilyn Monroe's another one. Who else can I tell you? Ayn Rand's in it.
Starting point is 00:07:04 Karl Marx is in this book. There's a lot of tense moments. There's one character in the book that's going to be very controversial. The whole idea for these guys in this book is, I've never written a parenting book, but for some of you guys that like a Divergent meets Atlas Shrug meets maybe those two books, This is a book you're going to enjoy reading specifically if you have kids ages 14 to 18 as well as adults. You'll enjoy it as well. This comes out next month, September. The Academy.
Starting point is 00:07:33 Rob, if you can put the link below, you can go to Amazon to place your order to this book. We'll be talking more about this here, but for those that order early, you'll get your copies. These things sell out fairly quickly. Can I see this thing? Yes, The Academy. It kind of reminds me of the painting, your most famous painting kind of come to life. It is. So that painting is the book.
Starting point is 00:07:49 Ah. So you'll see some of the conversations that's being had here. Anyways, let's get right into it. Rob, first story. Zuckerberg writes a love letter to a lot of people that claimed he was censoring them in 2020 election. So this is, if you can show the logo all the way at the top so they know it's Meta. Okay, so it's to the honorable Jim Jordan, Chairman, Committee on the Judiciary.
Starting point is 00:08:14 And then he says, Chairman Jordan, I appreciate the committee's interest in content moderation on online platforms. As you are aware, Meta has produced thousands of documents as part of your investigation and made a dozen employees available for transcript interviews. Further to our cooperation with your investigation, I welcome the opportunity to share what I've taken away from this process. There's a lot of talks right now around how the U.S. government interacts with companies like Meta, and I want to be clear about our position.
Starting point is 00:08:44 Our platforms are for everyone. We're about promoting speech and helping people connect in a safe and secure way. As part of this, we regularly hear from governments and around the world and others with various concerns around public discourse and public safety. Okay, we're good so far. In 2021, senior officials from Biden administration, including the White House, repeatedly pressured our teams for months to censor certain COVID-19 content, including humor and satire, and expressed a lot of frustration with our teams when we didn't agree.
Starting point is 00:09:16 Ultimately, it was our decision whether or not to take content down, and we own our decisions, including COVID-19 related changes we made to our enforcement in the wake of this pressure. I believe the government pressure was wrong, and I regret that we were not more outspoken about it. So he mans up and takes responsibility for it, right? The fact that, look, they forced us, but we could have said no, but we said yes. I also think we made some choices that with the benefit of hindsight and new information,
Starting point is 00:09:44 we wouldn't make today. Like I said to our teams, at the time, I feel strongly that we should not compromise our content standards due to pressure from any administration in either direction, and we're ready to push back if something like this happens again. In a separate situation, the FBI warned us about a potential Russian disinformation operation about the Biden family and Burisma, and it leads up to the 2020 election. That fall when we saw a New York Post story, we all remember this story, reporting on corruption allegations including then Democratic presidential nominee Joe Biden's family. Guys, this is pretty bad.
Starting point is 00:10:18 I mean, it doesn't get worse than this. We send that story to fact checkers for review and temporarily demoted it while waiting for a reply. It's since been made clear that the reporting was not rushing this information. And in retrospect, we shouldn't have demoted the story. We've changed our policy and processes to make sure this doesn't happen again. For instance, we no longer temporarily demote things in the U.S. while waiting for fact checkers.
Starting point is 00:10:42 Rob, if you can go to the next story. Zoom in a little bit more. There you go. Apart from this content moderation, I want to address the contributions I made during the last presidential cycle to support electoral infrastructure. The idea was to make sure local elections jurisdictions across the country had the resources they needed to help people vote safely during a global pandemic. I made these contributions through the Chan Zuckerberg Initiative.
Starting point is 00:11:04 They were designed to be nonpartisan. Of course, they were partisan. Spread across urban, rural, and suburban communities. Still, despite the analysis I've shown otherwise, I know that some people believe this work benefited only one party over the other. My goal is to be neutral, and I play a role one way or another, or even to appear to be playing a role, so I don't plan on making a similar contribution this cycle. So Rob, go back to the tweet. And Tom, I even to appear to be playing a role so I don't plan on making a similar contribution this cycle. So Rob, go back to the tweet, and then Tom, I'm going to go to you first. Here's what I said. I said, so Zuckerberg just admitted to working with Biden and Harris administration to censor
Starting point is 00:11:34 Americans. He's either admitting to this because he's being honorable, he's done with the Democratic Party, or he's getting ahead of a whistleblower. Either way, this is a very hard letter for him to write. Tom, your thoughts on the story. Tom Hichols Well, I think he's getting ahead of whistleblower. Either way this is a very hard letter for him to write. Tom, your thoughts on the story. Well, I think he's getting ahead of whistleblower because I think there's going to be people that testify because there's going to be hearings. Trump wins, there is going to be hearings and he knows it.
Starting point is 00:11:54 How does he know? Well, words talk, numbers scream. And if you're a Zuck, how do you scream? You scream with lobbyists. Rob, you have that chart real quick? So lobbying is how he talks to the government and then he knows what's going on. He hears from people. Take a look at this. The social media people, which is Metta, ByteDance, which is our good friends at TikTok,
Starting point is 00:12:15 right? X, Discord, and Snap. This is what they all spend. If you take a look, Snap, Discord, and X, they hardly spend anything, not even 8% of it. The majority is ByteDance and Meta. Of the 30 million dollars it spent, look at that blue bar. Meta spends by far the most. Of 142 registered lobbyists and social media, Meta has 71. Get out of here, 50%. 50% of them. ByteDance is 45. And X, Discord, and Snap, they only have 25 with Snap and Discord having 17. So that means that Elon's got 8 lobbyists, like 10, 11%. How do you process that? I process it is that Zuck is writing this to us to Jim Jordan who is going to chair the hearings.
Starting point is 00:13:06 He knows what's coming and he has the lobbyists up there that they have their ears on the ground. Lobbyists don't only talk to our elected officials, they listen to them. And I think Zuck knows exactly what's going on. There are stories out there and there are statistics out there that Instagram had and still has a pedophile problem. Pedophiles use coding and they try to beat the systems on Insta to have their postings and that he still has that issue going on.
Starting point is 00:13:37 And I wish in the last part of that letter that he didn't say, I won't be making a similar contribution this year. I wish he said he won't be making any, because people popped up immediately. Similar, you mean the same dollar amount similar? Or if it's 5% less, you're saying it's not similar. So there's a lot of words that people like me looked at it with kind of a legal eye and picked things out in this letter. This letter is Zuck getting out ahead of it. Okay. Amy, what do you think? I completely agree with Tom's sentiments, and even if it's not the last thing and maybe he is being honorable, in my opinion, it's a little
Starting point is 00:14:09 too late. I feel like COVID is one of those things that was really memory hold upon people. We forget the level of Psy-Up that we went through. Like, this is probably the biggest Psy-Up of my generation, at least, that I've lived through, where they were literally convincing you that you're a granny killer if you left your house. Like the amount of psychological warfare that was utilized, people who were kept away from their families. So for him to come out and state all of this now, even if you are being honorable, I'm sorry, it's too little too late. Anybody who was trying to use the advent of social media to actually share the truth and to correct the total Psyop that was occurring
Starting point is 00:14:46 during that time were completely suppressed. Their accounts were suspended. They were pushed off the platform. And so in my opinion, it's too little too late. And to Tom's point, I'm going to actually bring up that story a little bit later with the pedophiles on Instagram, it's rampant. And they've actually run experiments and simulations to determine when a brand new user is on the platform how quickly are they exposed to sexualized and pedophilic content and
Starting point is 00:15:10 Spoiler, it's really fast and it's really creepy. Sorry for me doesn't cut it's off. I got questions for you guys This is good, but I'm gonna go to Adam and I got questions for you. Go ahead Adam so there's a similar theme that we're seeing pop up left and right and that is the Conversation that is very much needed about freedom of speech. The biggest story over the weekend was this guy, Pavel Durov, the CEO, founder of Telegram that gets arrested in France. So Mark Zuckerberg, if you want to use Tom's thing, words talk, numbers scream, look at where Facebook's done in the last two, three years.
Starting point is 00:15:43 October of 2022. They bottomed the stock price basically pummeled was below 100 bucks for the first time. He was the top 10 top five richest man in the world. Boom, he was down somewhere around 20. Now this guy's in the top five again, their stock price is somewhere around 520 because basically they changed the name from Facebook to Meta. They put in different protocols. You know, if you kind of want to think of what what you remember from Mark Zuckerberg in the last few years, there's a few
Starting point is 00:16:06 things that pop up to me. Number one is his, whatever alleged fight with Elon Musk had never transpired. Number two, when he had to speak in front of Congress and basically got chastised, he had to turn around and apologize to the families. I mean, you want to make a robot look human. Good luck doing that in front of people of Congress. But you know it's funny because I remember you had a conversation this would have been 2021 in the Boca office with this very young, naive, some call him very attractive young man and he was asking you, yeah why would Facebook pick a side? Like I don't get like I guess that young man was me. But I said and we got into it do you remember this meeting not that PBD and I would ever
Starting point is 00:16:48 disagree or you'd ever yell at me or for those of you listening at home Adam is attempted to call himself young thanks Tom as always that was an Australian accent yeah that's the BBC I remember we had a very interesting conversation and it was probably the first awkward moment we had and I was sort of naive to the fact that I was like, well, why would Facebook censor things? Like genuinely, do they have a horse in this race? Lo and behold, they did. But a lot of things happened during 2020, you know, like the whole World Economic Forum,
Starting point is 00:17:24 the whole thing was the great reset. And that was their plan. But in reality, there was a great reset and everyone had to basically reveal their hand, whether it's the Twitter files, whether it's the Facebook files are coming out now, everything is servicing like really what were you doing? So at this point, where do you think even Zuckerberg is even voting at this point? Because the other thing I'll say that I remember about Zuckerberg is him, I don't know, a month ago basically saying, listen, how, regardless of how you feel about Trump, him getting up
Starting point is 00:17:50 with the blood sporing out of his ears, like was the most badass thing I've seen in my lifetime. This thing right here with my, actually my good friend, Emily Chang. But you have that clip? I do. There you go, Rob on the ball. Watch this. Which one is this? I've done you go rob on the ball watch this Which one is this I've done some stuff personally in the past. I'm not planning on doing that this time
Starting point is 00:18:14 And that includes, you know not endorsing either of the candidates Now look, I mean, there's obviously a lot of crazy stuff going on in the world I mean the historic events over the last like over the weekend and I mean personal note, it's yeah, I mean seeing Donald Trump get get up after getting shot in the face and pump his fist in the air with the American flag is One of the most badass things I've ever seen in my life, but but look I mean it's um, you know as But the point is what we're starting to see is this. The Silicon Valley big tech, you know, VC big money, we're starting to see them, whether slowly
Starting point is 00:18:53 or even rapidly in some cases, like the All In podcast, are all gravitating towards Trump. So Zuckerberg's running toward the middle to avoid where they're gonna be in front of Congressional hearings. So let me ask this question. Let me of congressional hearings so let me ask this question let me ask this question let me ask question so is it okay for you know how old is Zuck right now 39 has he had 40 yet 40 right now how old is Zuck Zuck over 40 okay I mean he's a 40 okay he's
Starting point is 00:19:19 40 years old so 2016 he's what 32's 36. One of the smartest guys in the world. Worth a couple hundred billion dollars. Okay? Does he have the right to change his mind and sincerely be wrong? Does he have the right to do that? Yes? Not only the right, but the obligation like all of us. Everyone should. But the point is, like, he can still change, right? He can still change and say, hey, I effed up. I effed up with my move on what I did. He can still do that. Correct. But we don't have the obligation to forgive him. That was my point.
Starting point is 00:19:54 I'm totally with you. So okay, that's great. We don't have the obligation to forgive him, which is kind of the part about we can, you know, maybe forgive, move on, don't forget. He's capable of doing it again. Maybe you don't trust him, his trust score is lower with us right now. Okay, no problem. But if a person's going through this phase, in our own lives, the longer you live, you're going to make mistakes in your relationships, business, company, people you do business with, whoever you're with, your marriage, your boyfriend, your girlfriend, you're going
Starting point is 00:20:21 to go through this. And one may come and say, hey, here's what happened. Now the individual has the choice in a relationship to say, nope, this is the line you crossed, we're done. We're done with this relationship. I'm never going to be with you again. We're moving forward. Or you can say, all right, the fact that you admitted to it, I'm going to give you a chance, let's move on.
Starting point is 00:20:43 So that's one category. Let's set that part aside. Let's go to the next one. The other side is, could there be a possibility that he is doing this because to me the way I read this is either he's now no longer a Democrat, he's no longer center, he's seeing all the guys that he admires and admired, okay, maybe an Ellison. I'm not even saying Musk. I'm saying an Ellison. A lot of these guys now moving to the center right, maybe a Peter Thiel who gave him some money.
Starting point is 00:21:14 Many, many years ago, Thiel gave this guy $500,000. They asked Thiel, what's one of the biggest mistakes you ever made in your life? You know what he said? Not giving Facebook more? He says not giving Facebook more money on the second round that they came up to me because I would have I would have even More money I should have given to them very first. It was a very first guy that gave half a million dollars So he's watching feel that that goal it goes in this position. He's watching Ellison right there He gave a half a million in August of all four million dollars or ten percent of the What is Peter Thiel's net worth today by the the way? Type in Peter Thiel's net worth?
Starting point is 00:21:45 I'm guessing $10 billion. $9.2 billion. So there's a part of these guys that Zuck watches closely to see where they're going. So maybe he is slowly becoming Team Trump. Now let me go to three. Maybe he's not Team Trump, but he's sitting there and watching and a part of the way you write this letter is to say, guys, listen, I'm telling you, Trump's winning. It's over. Okay?
Starting point is 00:22:11 It's over. Trump's winning. We have to find a way to be friendly with these guys because if we don't, they're going to make our life a living hell, so why don't we just get ahead of it. So during his four years while he's in office, they don't bother us. There's so many different ways they can make our life a living hell. Guess what? Musk is now close to him. Here's so many different ways they can make our life a living hell. Guess what? Musk is not close to them.
Starting point is 00:22:25 Here's what's going to happen. X is about to whoop our ass because Musk got smart and got close to Trump and I have not. Maybe I need to do a Facebook Live with Trump, me and Trump. So maybe don't be surprised if in the next two weeks the right move for Zuck to do is maybe to do a Facebook Live with Trump, and you ask him some questions. I don't know about that, Pat. By the way, what do you mean you don't know about that?
Starting point is 00:22:50 By the way, let me tell you, if he doesn't, I'm telling you right now, if he doesn't do it, if he doesn't do it, if anybody at Facebook executives watching, send it over to the team and let them hear this, if you don't do this, and Musk did that, what X shows to the rest of the world is they're willing to hear opposing ideas and you're not. If you, Zuck, invite publicly, this is how you do it, I'm inviting Kamala Harris and Trump individually, one-on-one with you separately, to have a conversation with me on Facebook Live, and you can say, Kamala's campaign declined, Trump's campaign accepted, so they won't say, now you're playing the right card.
Starting point is 00:23:36 I think that's the one move that he has to play. If he doesn't do it, Musk's got such a big advantage. For anybody that owns the X stock from 2024 to 2028, you're going to have a good time if you're a shareholder in the X stock because I think that's going to be a season where he's going to play in a way that he's never played before. The whole freedom of speech concept is going to get to a whole different level. He's going to have the backing administration. Don't be surprised if during that four-year period, by the end of the four-year, by 2028, do not be surprised if X is not worth a half a trillion dollars.
Starting point is 00:24:10 I know what you're going to say, where it's at right now, all this other stuff. I'm telling you, do not be surprised by the end of 2028 if Trump is in office that this takes place. I don't disagree, Pat. I just have one question. How the hell do we get in on the Twitter stock and the X stock? It's private. You can't because it's private.
Starting point is 00:24:26 Now you're getting my emotions worked up. So I'm just telling you, those who try to get in, they got in. Those who didn't, I try to get in 10 million, they won't let me do it. I called Morgan Stanley. I called Goldman. You want me to make a call for you? If you could, that'd be great. By the way, you've got the friends that could make that happen.
Starting point is 00:24:39 So let me go last but not least to this one here. You know what the last but not least to this one here. You know what the last but not least message is? To all the people, imagine the people right now who were the ones who said, well, you know this is disinformation. You mean to tell me there's anything in the Hunter Biden laptop? These guys are so dumb. 50 Secret Service agents, people signed off and said there was nothing in that laptop. To those of you, there's a part of me, Tom, and please push back. All three of you, push back. You mean to tell me in the span of a week, this is Trump's greatest week he's had on this run. This is the greatest week he's had.
Starting point is 00:25:23 And last night I had a conversation with Kevin McCarthy good conversation He says the next 70 days in the political life cycle is 10 years Anything can change don't be fooled but during this one week RFK Tulsi Zuck all in a week. You're having some like this happen in a single week. Yes, what this means maybe just maybe, this is not going to be a small victory, Tom. Maybe this is going to be a type of a victory that we saw where only Minnesota didn't support Reagan. Maybe this is going to be something like that the next 70 days. What are your thoughts? I think it's possible. We are, first of all, Amy and I on the decision 2024 brought to you by Valuetainment,
Starting point is 00:26:10 one of the things we look at is the real numbers. And we are seeing that there was not a crazy bounce for Kamala Harris, even out of the hard left polls like Trafalgar, who is known to be a hard bias left poll. And you look back at the history, the bounce wasn't there. And remember, what was supposed to happen from Friday to Monday? It was supposed to be like winning the World Series, like winning the World Series.
Starting point is 00:26:35 What do you do downtown? You have a victory parade. That's not what's happening. There's not a victory parade happening right now. Instead, in the middle of getting their parade ready, what happens is RFK walks on stage and they did it in Arizona, a major, major state that's a huge battleground state. And so what has happened here, all of this has happened. Is there a possibility of a massive sweep? Yes.
Starting point is 00:27:04 What do you think Amy? Is there a possibility of a massive sweep? Yes, yes. What do you think, Amy? Is there a possibility of a massive sweep? When you consider the circumstances that took place during that Reagan election, I would say yes. Many of the circumstances are very much in line. And when I look at, you know, the idea of Zuckerberg possibly reversing course because he fears the implications, that makes sense because think about it, he has all of the
Starting point is 00:27:22 back end data. He can see how much the Biden Harris campaign is spending on these ads as well compared to Trump. He can see the way the algorithm is manipulating information to spread a narrative. And so he actually probably sees the true state of the situation, what the true picture actually is versus the media narrative that everybody's receiving on the other end. And so I do think that is possible. And for that reason, I think that's why Zuck is coming out and writing this love letter, so to speak, not again out of anything genuine, but because his hands kind of being forced
Starting point is 00:27:53 now. And we're at 75% 287 right now on Trump's 75% probability on 287 VTA analytics, not our opinion. We dive into the cross tabs. We're just a heartbeat now from 300. And that is a huge tipping point when you look at things like Virginia and other states that are very close.
Starting point is 00:28:13 Trump can take the blue wall very easily. Rob, can you play that clip of RFK on Tucker? I think he was just on Tucker a couple days ago. Here's what he had to say. Oh, I have an injunction right now against the Biden White House and join them from censoring me, which they've been doing. The 155 page decision by Judge Doty details everything that happened. 37 hours after he took the oath of office, President Biden's White House opened up a portal for the FBI
Starting point is 00:28:47 to begin to have access to social media posts on all the different social media sites. And they, the FBI then invited in the CIA, DHS, the IRS, and CISA. CISA is this new agency that is the center of the censorship industrial complex that is in charge of making sure Americans don't hear things that their government doesn't want them to hear. And those agencies and other agencies, including the health agencies like CDC, were given access to go into the social media sites and change posts and slow walk things and shadow ban posts. It was part of that effort. They removed my Instagram account.
Starting point is 00:29:38 I had almost a million followers. They say it was from misinformation, but they could not point to a single pose that I ever made I was factually erroneous and they actually Facebook pushed back in the email chain you can see Facebook pushing back at the White House and saying well wait a minute he's not um... this isn't misinformation this is not factually erroneous what they're saying is actually true
Starting point is 00:30:04 and they had to invent a new word which is called malinformation, which is information that is factually true but nevertheless inconvenient for the government. And that became disinformation, misinformation, and malinformation. That's what that is. By the way, here's one thing he said yesterday. He said, Ross Perot, when he ran as an independent, the mainstream media invited him to Beyond 34 times. He says, I've only been invited twice. Think about that.
Starting point is 00:30:35 34 times. And he's a Kennedy. So, he's a Kennedy and you only get invited 34 times. So, all of this leads to one thing. Okay, let me, let me transition into this next story. Obviously he announces that RFK, Trump announced that he's joining the campaign. And then he says, you know, more people, more Democrats are joining the campaign. Okay. RFK said over the weekend that he'll be campaigning for Republican presidential nominee Donald Trump in the days and weeks to come, that he expects that more Democrats will soon be
Starting point is 00:31:07 joining the campaign. RFK made remarks. Sunday interview on Fox News Sunday with host Shannon Bream after he announced last week that he was suspending his campaign to endorse Trump. I'm going to be campaigning actively. I think President Trump is going to make a series of announcements about other Democrats who are joining the campaign, and you know, I want to make America healthy again, and so does President Trump. So those are objectives.
Starting point is 00:31:29 So Adam, when you hear a story like this, Bobby says what he says, okay? And other Democrats are getting ready to join. They're putting together the unity team. How much worse is this going to be for the opposing party when you're talking about Kamala Harris and what they have going on on the other side? So the question was always who does RFK hurt more, Trump or Biden at the time and then now essentially Harris? And there was no clear answer.
Starting point is 00:31:56 There was a lot of people saying, well, you know, he's taking away votes from Trump. Well, he's a former Democrat. He's taking away votes from the Democrats. And there's two schools of thought. Well, if you know he's been trending at basically what five percent Rob what's his number if you scroll down to the bottom five percent I want to say bingo. 4.7. You know if you look at if you want to trust these polls or what is this 538 if you want to just go and this is national state by state he's four to
Starting point is 00:32:23 seven depending on the state. Thanks tom Um harris is about 47 trump's about 43 44, right? So trump is always always always Big bold highlighted letters always somewhere in the mid 40s when he beat Hillary clinton in 2016. She was basically, you know mid to 47 and she won the popular vote and he beat her in the electoral college. Now what happened with Biden was Biden, ironically, had 51% of the vote and then basically after six months, his numbers completely plummeted.
Starting point is 00:32:59 What was the number here, Rob? Rob Bolling-Kaplan, The New York Times 50, 45.7%. Clinton, 41.8%. Trump. All right, so Trump's, and that's his approval rating, that's not the amount of votes, because I think the amount of votes was obviously higher. But the point is Trump has a ceiling and he has a floor and it's the mid 40s. They're not leaving, they're not coming, that's what his story is. The Democrats, whether you like it or not, they've reached 50 with Joe Biden and they're
Starting point is 00:33:22 starting to reach almost 50 if you look at that number right now, 48 with Kamala. So we'll see what happens with that. So the 47.2. So I'm in the school of thought that in theory getting RFK's endorsement is great thing. Obviously if he's going to jump out of the, drop out of the race, let's get his vote. But I don't think Trump really fares well in a binary race, unfortunately, because what happened is in 2016, there was a guy, Gary Johnson, who was the libertarian candidate, you remember that, and he took, I don't know, four or five percent of the vote.
Starting point is 00:33:59 And what is the number there? 4.8% for Gary Johnson. Okay, so turns out my numbers are right. And those people essentially took votes away from Clinton, it would seem. In 2020, as you know, you interviewed the powerhouse beast, Joe Jorgensen, who did she even get one? Greatest debater of all time. We all know. Did she even get 1%? And so all those people broke towards Biden. So what's going to happen right now is the following. There's a lot of people out there, especially vocal people who have been hiding behind the RFK vote. I have a lot of friends in the crypto world. I'm like,
Starting point is 00:34:32 who are you going to vote for? And they're like, well, you know, you know, I can't really do the common thing and you know, Trump, I can't say, RFK, I think I'm gonna go with RFK. Well, now you don't have that option. And you certainly don't have that option to say out loud. So there's a lot of people out there, me at one point included, that's like, ah, it's sort of like run and cover. And now you have no option to do that. So the reality is-
Starting point is 00:34:54 There's one option. And it's going to be the highest. You know what the one option is? What? Let me tell you what the one option is. I'm at Angelo's, and one of the guys is there with his friend who's a lawyer. The lawyer goes on a 15-minute rant about how much he hates Trump. And then I say, so how do you feel about Kamala?
Starting point is 00:35:12 He goes on another whatever on how much he hates Kamala. I said, so what the hell are you going to do now? You're screwed because you don't even have the Bobby option. You know what the third option is? Sitting it out. It's a lot of people that are going to sit this one out. And by the way, the people sitting this out are not the people on the right, they're the people on the left. This may be one where a lot of people on the left sit this one out.
Starting point is 00:35:34 Now we heard the news Rob about Secret Service, right? Secret Service comes out, the announcement was made on Sunday, and the fact that Bobby is no longer going to be getting Secret Service protection, and you know, so because he's announced what he announced two days later, there's no more Secret Service. Is this the one with the, is this him saying that? Well, this is him speaking with Glenn Beck yesterday after they've removed his Secret Service protection, and he tells Glenn Beck that his life is now in God's hands.
Starting point is 00:36:03 Go ahead and play this clip. You've had Secret Service pulled from you now by this administration which I think is reprehensible. How uncomfortable are you with that decision? I'm okay. I'm gonna do do what I'm going to do. My life is in God's hands. And I'm okay with, you know, I'm going to do what I'm going to do, whether I have that or not. You can pause that right there, Rob. So, the way I process it is the following.
Starting point is 00:36:40 And I talked about this over the weekend. I think them doing what they're doing here, I mean, one, you go quiet skies with Tulsi, right? You target her and you put her on a terrorist watch list? What? What are you talking about? Then you take RFK's Instagram account out when he calls out Fauci with that book he wrote. Then you shut him down. CNN doesn't invite him. MSNBC doesn't invite him. ABC doesn't invite him.
Starting point is 00:37:14 CBS doesn't invite him. So he gets as high as he did purely because of independent podcasts. That's how Bobby gets up. And then now you're pulling his Secret Service protection. You gave it to him on July 15th, two days after Trump's assassination because Trump said Bobby should get it. He gets it. Then you drop it, look at this coincidence.
Starting point is 00:37:37 You give it to him two days after Trump gets assassinated. You take it away from him two days after he endorses Trump and now you're just forcing Bobby, RFK, Jr. to only be in one place to be safe, which is campaigning with Trump. So now imagine the next 70 days, whatever this is going to be, they're going to go on the road show, right? Which Glendale, Arizona, that opening was wild. And you're going to go on the road and every event that you go to, now you mean to tell me I'm going to hear from Tulsi? You can just play this clip Rob, if you want to.
Starting point is 00:38:09 Now you mean to tell me I'm going to hear from Tulsi, I'm going to hear from Bobby, and I'm going to hear from Trump at all these events? I mean this is insane to me, right, when you see this. Okay, now VDex with his camp, you know, Dana White came in, obviously, with his camp. He was at the RNC. The group they've put together while this is going, you can pause this, Rob. The group they've put together with the direction this is going, I think it's just a lot of mistakes back to back to back. Now, they, the DNC side, comes out and say,
Starting point is 00:38:46 you know, joy is their campaign slogan, right? We're just so happy. We were just so joyful. We were just so, it was so much joy at, you know, the event that we had. The DNC was so awesome. Rob, you wanna play this clip? This is, so just so you know, this is a montage montage of a bunch of joyful things being said, okay, go ahead
Starting point is 00:39:10 Forgive them for is there trying to steal the joy from this one? That's why I felt by America from joy really Harris Walls ticket. We are Being joyful is part of the American identity. The joy factor. Campaign of joy. You're talking about radical joy. It is downright joyful. It looks like a joyous rally. It looks like a joyous occasion. A real zeal and joy in the campaign.
Starting point is 00:39:35 The joy that you're bringing back to the country. Joyful, exuberant rally. Thank you for bringing back the joy. Power of joy. Hope and joy. Something incredibly joyful. She does it all with a sense of joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy.
Starting point is 00:39:56 Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Joy. Let me just read this to you. So the story comes out while they're doing this. New York Times, who's on their side, all these people's sides, comes out and here's an opinion
Starting point is 00:40:08 that says, joy is not a strategy on August 23rd. So can you imagine they're all being excited, hey, we have such a great marketing campaign. It's joy. That's what we're all about. New York Times says, nah, it's not a good strategy. During the Republican convention, Trump was exalted by delegates as a near divine figure, repeatedly describing as having been spared to save the country after the assassination attempt.
Starting point is 00:40:36 However, Trump squandered the goodwill from skeptical voters by delivering this same old rant in his nomination speech, failing to capitalize on a moment when people expected him to act like a change. Now this is what they're saying. The Democratic convention heavily focused on Kamala as a symbol of joy, with the word being used so often that it felt overbearing. Bill Clinton even dubbed her the President of Joy. But this emphasis on joy overlooks the reality that joy is not a political strategy.
Starting point is 00:41:05 Voters are more concerned with practical issues like lowering household costs and improving access to housing, not just a feel-good rhetoric. Amy, what do you have to say about this? Oh, this next line is great. Sorry, the Mean Girls reference. I don't know if you guys get this where they say it's the new fetch for Mean Girls. Guys, Democrats, stop trying to make joy happen. Okay? It's not going to happen.
Starting point is 00:41:26 Anyone who knows Mean Girls reference would laugh at that. This is absolutely ridiculous. And you can see the way this messaging is being utilized, both to prop Harris up and also to bring down Trump and to bring down JD Vance as well, because their messaging for the Republican side is that they're weird. So all in all, the messaging is that Republicans are weird, the Democrats are joyful,
Starting point is 00:41:54 and I just wanna know what group chat are all of these people a part of, where all of a sudden they just get the message, hey guys, this is the main strategy that we're gonna be focusing on. The word of the day is joy. Exactly, like it's just, it's so ridiculous. guys, this is the main strategy that we're going to be focusing on. The word of the day is joy. Exactly. Like, it's just, it's so ridiculous.
Starting point is 00:42:08 You know, one thing that I found very interesting when looking into this slogan is that a lot of the people who write these speeches appear to not really do their research because joy, strength through joy, is actually a slogan that was utilized before during a very particularly interesting part of history, Pat, which is actually Nazi Germany. This was their main slogan utilized during Nazi Germany, Strength through Joy. The same line, Strength through Joy. A Nazi-operated leisure organization uses a tool to promote the advantages of Nazism to German people champion this as Their slur again and what's interesting you joking and what's interesting is by?
Starting point is 00:42:53 1939 it had become the world's largest tourism operator this 1939 Strength through joy was the largest tourism operator. Wow, it says it right there. Yeah, so KDF was composed of several departments with their own specific goals, with each department organizing different leisure activities. So, okay, so now obviously, how much of this do you think is coincidence? How much do you think it's intentional?
Starting point is 00:43:23 How much do you think it is just a pure screw-up that they didn't pay attention to. Yeah, I think their speech writers aren't doing their research. They don't know their history and they don't care to know their history because all they care about is propaganda and all they care about is messaging. But had somebody done their research for two minutes, they would have found this. Are we sure we want to go up the strength through joy thing? So this is once again Democrats running on feelings versus the hard work of policies and promises and the feelings
Starting point is 00:43:51 Tax the rich. Oh, I feel so it's so unfair tax the rich feelings We're throwing joy at you all this it's all of these Feeling monikers that they're throwing at the American people not throwing them at real things that can work monikers that they're throwing at the American people, not throwing them at real things that can work, such as the policy things that she threw out over the weekend that even Obama's economist was backing up going, yeah, I don't think that's a really good policy. Even Obama's chief economist was saying, look, these things you're talking about are not a sensible policy. They may get people emotionally aroused, but it's not sensible.
Starting point is 00:44:24 Adam, thoughts? They may get people emotionally aroused, but it's not sensible. Adam thoughts. Well, look, the reality is Democrats are way better at marketing than Republicans, period. And if you want to go pound for pound, Trump is a way better marketer than anybody as an individual. So you have Trump versus the entire DNC mainstream media, Hollywood versus basically Trump and truth social. And they're in a neck to neck race.
Starting point is 00:44:48 I think it's complete fabrication that the joy of the Nazis is equivalent to the joy of the Democratic Party, but you do you. What I will say is this. There's a famous phrase from our friend Mario Cuomo, where he said, you campaign in poetry and you govern in prose. Yes, I'm quoting your father, Chris Cuomo. And basically what that means is, yes, during the convention, you don't have to have deep, deep policy specifics. That's not what people are there for. They're there for raw emotion and call it joy and inspiration and emotions. And obviously in your book you talked about the marrying of emotion and logic and why
Starting point is 00:45:31 it's important to utilize both. Now what I'll say is when you govern, you kind of got to get emotion out of the system and be stoic and be practical and be pragmatic and use logic. So the joy part or whatever the emotional poetry part that you're using during a campaign strategy, go for it. But unless Kamala Harris actually lays out policies that are actually helpful to the American family, unlike sort of this Marxist socialist agenda lipstick on a pig where she's going to give the opportunity economy and everyone's going to be happy and joyful now.
Starting point is 00:46:05 Yeah, show me the numbers because I'm not buying it. So even the story right here, high rent forces Mama to to move family into a hotel, hope and joy ain't paying my bills. And I totally agree. So it's fine for now. And there's a lot of people who could just go on raw emotion. They're going to fall for it. But I want to see a policy and I want to see an action strategy from couple hairs
Starting point is 00:46:26 Are you overlooking the collusion of the mainstream media? Have you ever seen the mainstream media repeat a Trump point? Of course, of course, of course. Well, we've seen the whole talking point talking point talking, but obviously they got the memo Yeah, so check this out. So when you look at this Harris DNC speech drew 28.9 million viewers, a half a million more than Trump, political says. And if somebody could look at that who doesn't really follow stories closely, they could say, oh my God, that's pretty crazy. Maybe she has more excitement.
Starting point is 00:46:56 Kamala Harris DNC acceptance speech, 28.9, Trump's 28.4. The speech was notably high for DNC with the MSNBC reporting 7.2 million viewers during the 40-minute address. It's the highest high for DNC with the MSMC reporting 7.2 million viewers during the 40-minute address. It's the highest ever for DNC. The 2024 DNC average, 21.8 million viewers over four nights outperforming the RNC, 18.9 million viewers. The DNC final night drew 26 million viewers overall, including 6.7 million in the 18-54 category, a substantial increase compared to the RNC.
Starting point is 00:47:25 Despite the strong viewership showing the 2024 DNC average viewership was 200,000 more than the 2020, but 8.2 million less than 2016 DNC, Hillary Clinton's nomination drew 30 million viewers, or was it 8.2 million more. The 2024 convention saw significantly celebrity involvement and network viewership with MSNBC leading and total audience. Okay, sounds good. Now, the story though was how Wapo says there was a rumor about Beyonce as DNC that fooled the world. Rob, do you have this clip? Do you have this clip about yeah, go ahead and play this clip, Rob. There are clip rob there are rumors there are rumors
Starting point is 00:48:05 that beyond say might make an appearance i'd personally think that that's true but we shall see if there are i don't want to say that's true we'd like to practice a well-lit let's let's count in rumors and rumbling uh... okay let's just say uh... so i mean that's out there that the beyond say talk you have to stay, but I have it on really good word. The Beehive is buzzing right now because the preparation for the Beehive, it has to start early.
Starting point is 00:48:31 Sources come from backstage, that's all I'll tell you. TMZ and The Hill reporting that she will indeed be making a surprise performance on stage here. Congressman was just dancing along and he's excited that he's hearing rumors, which a donor confirmed to me that she's also hearing that Beyonce is in route, president of all things music and fashion and style. Oh my God.
Starting point is 00:48:54 Beyonce is going to show up. Queen Bey. Prize guest tonight. Beyonce. I know Beyonce's got to be in town, right? My gosh, is that what we're in for, a Beyonce show tonight? There are rumors that Beyonce may be there this evening. Thank you, baby.
Starting point is 00:49:10 We may see Beyonce. Is the United Center going to be turning into the beehive tonight? Earlier today, we spoke with Christy George, the executive director of the DNC host committee. I'll not hope for Beyonce. Is that going to happen? I don't know.
Starting point is 00:49:23 You can pause it at this point. Let me ask you a question. Let me ask you a question. Let me ask you a question. How much of this was leaking to get viewership or how much of it was last minute Beyonce's like, yeah, no, I'm not doing it, we're out? Which one do you think it is, Tom? I think the way they manipulate the media,
Starting point is 00:49:39 like with the word joy and everything else we've saw, I think this was an intentionally placed rumor. They knew exactly what they were gonna be doing. They were getting the ratings. And I'll say I did some, I was a group chat and I was tweeting with some friends at the same time this was happening and we were watching. So there was a lot of Republicans that were watching just wondering, okay, what is Kamala actually going to say as she coming out in public?
Starting point is 00:50:01 But I think this was an intentional leak and I think it was strategic. Amy. Yeah, I agree. When they te intentional leak and I think it was strategic. Amy. Yeah, I agree. When they teased a special guest, they were talking about Harris. That was the plan all along. I don't think they ever intended for Beyonce to come out. Again, this is just a little bit of a media spin. What I will say though is the Beyonce did allow the Harris campaign to use Lemonade,
Starting point is 00:50:22 one of her songs, as well as there's one other song, Freedom, as a campaign song. So she hasn't officially disassociated herself with the party or anything, but was she there to support? Was she ever going to be there to support? I don't think so. No. So how about Taylor Swift?
Starting point is 00:50:38 Was there rumors about Taylor Swift as well? I heard the name mentioned, but not like that. Was there rumors or no? There was rumors about it, yes, but I haven't seen anywhere near the amount of media attention given. So, but to go this far and you use, you know, Beyonce, Tom, a Beyonce has to be furious or give permission for you to be able to say something like this, right? Wouldn't you, if you're Beyonce, sit there and say, hey guys, stop saying that.
Starting point is 00:51:08 No, no, I'm not going to be there. You're confusing everybody. Because there's no way you can even circulate a rumor like that. If I'm a figure like Beyonce, that big of a name, there's a part of it that as a business woman that she is, she's a business, right? She's a business herself, her brand is. I don't know if I would appreciate it. Even if I'm like, let's just say that's my wife and I'm Jay Z.
Starting point is 00:51:32 I'm like, yo, what are they doing? What's this all about? What do you think about that? Fully agree with you on that one, Pat. Well, what's the reality? There's only a couple people that actually know the answer here, and that is the actual DNC, and Beyoncé and her people. The chances of her on her way to the convention
Starting point is 00:51:47 and then like makes a wrong turn and doesn't show up, zero. She was either planning on being there or she was not. And this is another example of the media just taking a story and being like, all right, let's go with this one, right, honey, and just feeding the narrative. And then the next company, and I'm sure they're all owned by the same few companies, boom, now they're running with a narrative and they're off to the races. But Beyonce knows the truth that she was either
Starting point is 00:52:11 never scheduled to be there, or she was 100% scheduled to be there and something happened. So the DNC is doing probably something called damage control, where maybe they leaked it and who knows what happened, but the chances that the DNC leaked this and then she decided not to come, I think is very little. And I think this is the media just sort of making a story. But I will say this, the chances of Beyonce voting for Kamala Harris or Trump, I mean, 100%, I don't want to say 199.9, like she's not voting for Trump. I mean, 100%. I don't want to say 199.9. Like she's not voting for Trump. She stumped for Hillary in 2016. Her and Jay-Z, I remember doing like seeing a concert.
Starting point is 00:52:53 If my memory serves me right, 2016, Jay-Z, Beyonce, they get out there with Barack Obama. I was like, damn, they're bringing out the big guns. Hillary's still lost. What's the point? I don't think a lot of people are swifting or shifting their votes based on Taylor Swift or Beyonce. Okay, so Kamala had 28.9, Trump had 28.4. Then a question becomes, how much of the reason why Kamala got 28.9 is because everybody was expecting for Beyonce to perform? And how much of it was people hadn't heard her say anything? They're like, let me just see what she has to say because there was no primary, there was no debate. This was pretty much the first Democratic debate, essentially, right, to see on the big screen. How much you think was that?
Starting point is 00:53:35 I would say a bit of both, but what I also think it is, which hasn't been mentioned, is that Republicans are people who oftentimes like to educate themselves about what the opposition is saying. And so for me, I know I watch the speech. I know so many people within my network and my group watch the speech as well, all of which were Republicans. So what percentage of that figure contributes to her getting more views as well? Whereas when it comes to Trump, I don't know any Democrats. And I do have some Democratic friends. I do run it. I, you know, intentionally try to surround myself in circles that aren't always echo chambers. So I like to engage in debate, but those people didn't watch Trump's speech at the RNC.
Starting point is 00:54:15 So I think that that's a very big point of difference as well that we may be overlooking here. Tom, what do you think? I think the audience was about 70% legitimate and the other 30% was, you know, anticipating Beyonce or wanted to do independence and Republicans wanted to hear what was going on. That's my cut. Got it. I don't think, listen, at this point the Republican Party is Trump and then whatever random people he hodgepodges together, who are the biggest celebrities there? Hogan, who was my hero in 1992, Kid Rock, who was
Starting point is 00:54:45 awesome in 2004. And then who else? Marjorie Taylor Greene. So Republicans don't have the celebrity factor. Democrats do. If, regardless of Beyonce, who else did they have? They had Stevie Wonder, they had John Legend, they had Mindy Kalin, they had multiple Hollywood celebrities. Democrats have that edge, but I don't think it actually moves the needle. Like, because like, you know, there's, there was a famous phrase back in when the, when the big three CBS, NBC, ABC was basically trying to win the three legged media war. And they said, win the central time zone. Don't forget that. There's a reason that they picked Tim Walz in the central time zone Midwest. Same with Mike Pence. Same with JD Vance, who's from
Starting point is 00:55:29 Ohio, Kentucky. So at the end of the day, and I think it was the great philosopher, Zach Galifianakis, I think we have a thing from that. But yeah, if you want to go down the Hollywood Beyonce thing, that's not moving the needle. What's moving the needle is can you win the Rust Belt? Can you win the Midwest? Can you win the central time zone to average hardworking Americans who are living paycheck to paycheck and are looking for a better solution? Show me assets. Is it? Go ahead. I was going to say, did you guys see the performers from day one or Adam, did you see the performers that they had on day one? So it was all country music artists. And they're not really well-known country music artists, but a lot of people are saying that they tried to utilize
Starting point is 00:56:06 this as a way to kind of normalize and sympathize with the average everyday person. But the Democratic Party has already so separated themselves from anything country or anything relatable to that, but it definitely did not work. But I think that was definitely a way for them to try to get to the average everyday person, because to Zach's point,
Starting point is 00:56:25 which I think we're going to get into, celebrity stuff doesn't always work with the Dems. I've got a question for you. I've got a question for you. So, okay, is it fair to say the biggest pickup that actually moves the needle in the 2024 election was RFK? Is it fair to say that he was the number one draft pick? Tom, would you say he was the number one draft pick? Tom, would you say he was the number one draft pick, the biggest pick up?
Starting point is 00:56:48 Absolutely. Okay, I put him number one. Is it fair to say Musk is two? Absolutely. Okay, so now- I'd say Musk above RFK. I don't agree with that. I think it's RFK above Musk because I believe Musk's following was already going to go that way anyways, because that's the side.
Starting point is 00:57:06 I think RFK has an actual 4-7% of people that are not going to vote for Trump. I had Brett Weinstein here. They're not going to vote for Trump, but not for Kamala. No, they're not going to vote for Trump. Their vote was RFK. They wanted to vote for Trump, but they were not going to do Kamala. Brett Weinstein's here. He says, Patrick, as a lifelong Democrat, I was not going to vote for Kamala.
Starting point is 00:57:28 He says, now that I know Bobby is in the Trump administration, that means the values that I value is going to be represented by someone like him. I'm not more comfortable to have Trump, you know, the vote of Trump. So who is left? Who is left at, if right now you're recruiting, okay, and you're sitting there, if I'm on the team right now, either team, I'm looking at people that we have to go recruit and get. And by the way, some of these guys are going to be strategically based on the battleground states. Some of it's going to be celebrities. Some
Starting point is 00:58:01 of it's going to be influencers. Some of it's going to be, who are some of the people that I want to go get on that list? Tulsi, and do not underestimate Tulsi's impact on a national scale. We're seeing stuff that there's a half a point of women that really lined up with Tulsi, and if Tulsi had been an independent, she would have pulled one and a half on election day nationally. Okay so but Tulsi already endorsed Trump so she's already part of the team. But this week well what did she do this week where she kind of amplified her position right she's been there but the amplification this week is very real. For sure so she made that announcement so she's on that list. You're saying people who have not endorsed her. I'm saying who else who hasn't said anything.
Starting point is 00:58:45 Who else is on the roster? Well, if we're going to use the Elon Musk thing, the guy that we talked about at the beginning, Mark Zuckerberg, who basically already came out and said he's not picking aside, but if you can kind of strike a deal with Mark Zuckerberg, he's on my list. Who else? Nikki Haley, but she's already endorsed Trump, but she would move some numbers. You're talking about whoever can move the numbers one, 2%. I'd say half a percent is a lot.
Starting point is 00:59:09 Half a percent, 1%, you know, some areas. I'd say one that would move it is Joe Rogan. Okay. So Joe Rogan, who else? Well, Joe Rogan, he said that he endorsed RFK and there was that whole contentious issue with Trump over that. So now obviously he's gonna be favoring that side of things.
Starting point is 00:59:26 I think that like they're pretty set when it comes to Dems. Like if anybody is going to change their mind purely on the basis of Dem leadership, then that's already been established or independent leadership, right? When it comes to Tulsi, when it comes to RFK. Because at the end of the day, you can throw criticisms at Dems all day long.
Starting point is 00:59:44 It hits differently when it comes from an actual Dem. And I think even with these couple of people alone, it's kind of set this narrative. We're now at a point where at the end of the day, this election comes down to like normal people versus extreme far left fringe people, damn near communists at the end of the day, in my opinion. It's the difference between globalists and patriots. It's the difference between war and peace. And already with those two people, I'd say that they're already sending that message to the Dems who would have been open
Starting point is 01:00:15 to hearing it. Anybody else you think? Think Hollywood. Think big Big followership big influence like mansion if mansion all of a sudden comes out and supports Trump think names like that I think it I think other than the big podcasters and the social media people. I think it has to be women Specifically women of color who are like, you know what? I'm not gonna do the identity politics thing I'm gonna come out and vote Trump. So if you noticed, what's the slut walk girl, Amber Rose, came out and spoke at the RNC. She's literally known for being a slut, the slut walk.
Starting point is 01:00:58 And she came out and spoke at the RNC, gave her the platform. Why? Because she's a woman of color who basically came out and said, I fell for it. I thought Trump was a racist. My dad told me to do my research. I did my research. Wallah, here I am. And can they get more people that are vocal like that? Because as much as Amber Rose, what else do you think? Would you have names? So you think I'm asking have names? Who do you think?
Starting point is 01:01:25 I'm asking names. The Rock has kind of been neutral, but if he came out with a full volume, clear, I am behind Trump and RFK Jr., I think that would be big. He did an interview where he said, well, I'm not going to vote like that again, but he kind of stayed in the middle in that conversation. But if he came out with a definitive statement, I think that moves numbers. Kim Kardashian, if she came out and supported Trump, that would move numbers. Ariana Grande, if she came out doubtful, came out and supported Trump, that would move numbers.
Starting point is 01:01:55 These are not people that would be like her. Who are the biggest celebrity females, especially women of color? And you're thinking female. Got it. Has to be. Because listen, here was the most poignant example of what the hell is going on in America You ready Elon Musk retweeted this you saw this flaming gay guy Run around the DNC and it's amazing what humor and satire can do when he's like, hey
Starting point is 01:02:15 All right Let me ask you a question and he goes up to this girl and he's like if you had to pick one What would you pick? democracy or a bullshit? And it's like, are we freaking kidding me right now? Like democracy or abortion? And she's like, oh, that's a tough one. You really put me on the spot.
Starting point is 01:02:34 He's like, I know, I know. And she's like, there it is. There it is. And she's like, I gotta pick abortion. He's trolling, right? One million percent trolling. But he killed it. He's incredible.
Starting point is 01:02:47 But this is the hypocrisy that I'm talking about. Played rap. And the delusion. Would you rather have a democracy or access to abortions? Either or. Oh my God, this is a tough one. I feel like that's a very tough question to answer.
Starting point is 01:03:02 I feel like that's almost not possible to answer. I feel like there's... I couldn't pick one or the other. Not if you had to choose. I had to choose. Can we get a final answer? I know it's hard. I guess access... eh... access to abortions. Yeah. So there we are. There you go. Well, guess what?
Starting point is 01:03:21 I'm going to Siberia where I'm going to live in a Soviet gulag, but at least I can get abortion if I happen to be impregnated by a guard But here is the prime example of what you're debating at this point democracy or killing some babies and Good luck. And this is why I'm saying you need to get women of color on your team to basically say hey listen, honey I know how much you value the abortion thing, I get it, I love you, and if you, we kind of need a democracy, and they're not going to listen to men, they need women, that's my point.
Starting point is 01:03:54 Alright, so here we go. So what's more important to you, Pat? Democracy? That's a tough one. I mean, think about it. That's a tough one. I mean, that's a tough one. Let me go to this, because you wanted to say a few things about Vance.
Starting point is 01:04:06 Vance says he expects Trump to veto a national abortion ban, right? That's pissing a lot of people off, and it's something that they're putting on the left as a fear that here's what he's going to be doing. So Vance stated that he expected Trump would veto a federal abortion ban if he reached his desk, saying, I think he would. He said that explicitly that he would. He emphasized, Trump believes the states need to have control over the issue rather than the federal government.
Starting point is 01:04:29 Trump stands on abortion has been criticized by both anti-abortion advocates and Democrats post Trump post my administration will be great for women and their reproductive rights, which drew criticism from activists. Meanwhile, Kamala Harris accused Trump of wanting to enact a nationwide abortion ban with or without Congress as his political story. Adam, one bounce on Vance and then two about this specific conversation. Do you want to play the clip or do you want me to give it? Oh, if you got the clip, play the clip first. Go for it. Democrats made the case this week and beyond this week that Donald Trump, if elected, will
Starting point is 01:05:01 impose a federal ban on abortion. Rob, is this pretty much the same thing I just read? Don't worry about it. Adam, go ahead and react to it. So basically, he came out and shut that down real quick. And look, if we learned anything about the abortion thing from Trump and the Republicans, is they just want to turn it over to the states, states' rights. Now in my opinion, respect to you, Governor DeSantis, six weeks is extreme, bro.
Starting point is 01:05:23 But if you want to go to like sort of socialist, Marxist, communist Europe, whatever you want to call them, they're at 15 weeks. Trump has sort of been quoted at what 16 ish weeks. So listen, the reality is this is a culture war issue. It's contentious issue. JD Vance is going to walk the party line. Trump has never came out and said that he's not going to basically do a federal abortion ban. I don't even know if to basically do a federal abortion ban.
Starting point is 01:05:45 I don't even know if they can do that at this point. So states' rights, totally understand. And Florida's six, it's extreme. There's certain states like California and New York where you can rip the baby out up to the day before it's born. So there's extreme methodologies on each state. But I don't think that Trump has ever come out and said that he's going to do a federal abortion bet. Amy?
Starting point is 01:06:07 Well, to be fair, Adam, and I know we've had debates about this before, I think only one of those two things are extreme, and that's just my personal opinion, but I do agree that right now it's a strategic and agreeable move for Trump to leave it to the states. I think that this is the least contentious way that he can go about this issue. Obviously, it's not going to be enough for the Dems at the end of the day. They're going to want him to overturn Roy Versus' way. They want things to go back to the way that they were, and they're not going to be happy until that happens. So I think playing to that base is honestly a little bit of a lost cause. What can we do other than assuring them that it's gone back to the states? I think that ultimately Republicans
Starting point is 01:06:44 are going to have to really win on other issues, but certainly assuring them that it's gone back to the states. I think that ultimately Republicans are going to have to really win on other issues, but certainly assuring them that yeah, there's not going to be a national abortion ban. Sure, go ahead and assure them of that. I really struggle with this. And what I struggle with is that things like this, you end up on a slippery slope. And the slippery slope you end up with is all the way down to partial birth abortion. And those are living citizens attempting to be born
Starting point is 01:07:11 and being struck down at the moment of birth. And I can't go with that. But this is the slippery slope you go on. And there are people that say six weeks is extreme, people that say 15 weeks is extreme. I look at it as a deeply personal choice for that woman, but we are a nation that if you really look at it, abortion is the avoidance of responsibility because there is a personal responsibility and there's a financial responsibility that comes with raising a child. And you know, we're stepping away from our responsibilities as a charitable nation to say, you know, children can be
Starting point is 01:07:51 put up for adoption. We have systems to do that. We have foster child systems here in America. Why can't we be a nation of love and caring and to reach out and to help people that say, you know what, I'm gonna have a baby, I don't think I'm economically capable. Will you take care of me and will you people that say, you know what, I'm gonna have a baby, I don't think I'm economically capable, will you take care of me, and will you assure that this child gets full care? That's where I wanna be. Where's, why can't we get the heart of a nation there? Now, during the election, somewhere around,
Starting point is 01:08:17 now my logical side, just analyzing the election, somewhere around six and 15 weeks, people are gonna say, okay, that's, you know, we're good. You know, as long as you give me six to 12 weeks, we're good. Give me six to 12 weeks so if something happens, we can take care of this. And that's it. And I think that's going to be the point that the majority of American voters, 51%, are going
Starting point is 01:08:40 to want to see. They're going to want to see six to 12 weeks. Now then, I'll go somewhere else and I don't want to relate it only to see. They're gonna want to see six to twelve weeks. Now then, I'll go somewhere else and I don't want to relate it only to abortion. Trump is correctly pointing back to what the founding fathers had established as the rights of the states. And if you don't like the state, live in that state. You live in Texas because you don't want the, you know, certain things with school. What's the argument against that? Because to me, that's very common sense. That makes sense to me, right?
Starting point is 01:09:08 Even if, you know, some states have the gun laws that you can be tougher, you can be this, you can be great, guess what? It's up to the state. Like, I would never live in Chicago. Exactly. I just would never live in Chicago. I wouldn't feel safe living in Chicago, right? And your kids wouldn't get good education.
Starting point is 01:09:23 You can choose a state you like. That's right. I wouldn't live in a place like this. I'm choosing to safe living in Chicago. And your kids wouldn't get good education and you can choose a state you like. That's right. I wouldn't live in a place like that. So I'm choosing to live in a place. So what's wrong with putting you back to the state? I want to know the counter argument to that. Adam, what is the counter argument? Because I can't control you on a national socialist platform.
Starting point is 01:09:35 And the socialist platform is to put national control on programs to make single signature decisions. Too bad. They want the power. The difference between an executive order to a socialist and dictatorship is zero. You cannot put a cigarette paper between an executive order and the socialist desire for presidential ultimate control. I think you're looking for like what's the counter argument here.
Starting point is 01:09:58 Yeah, that's what I'm asking. So yeah, let me help you out. Well, the reality is I think- I really need your help. I know, Pat, because I don't want you to- Please, without you, God forbid, what would I do?- I really need your help. I know, Pat. Please. Without you, God forbid, what would I do? I was giving you the counterargument that a socialist will say, we have to control it. We'll do it nationally.
Starting point is 01:10:10 We have to hear it from an abortion expert. Go ahead, Adam. Despite popular opinion, I know that people like you and me can't have babies. I know that's a controversial situation. Watch your language. I know. I don't want to upset the audience right now. Rob, on the other hand, we'll see what happens with this cap of men.
Starting point is 01:10:24 But the reality is, 90 to 95% of abortions happen within the first 16 weeks, period. So these extreme things that happen along the 40 weeks, 50 weeks are absolute anomalies. But the reality is, there's a similar theme, whether it's the COVID mandates or whether it's the abortion, and that is essentially people saying, hey, government, stay the hell out of my body. Stay the hell out of my bedroom, my body, my choice. That's the abortion and that is essentially people saying hey government stay the hell out of my body stay the hell out of my bedroom my body my choice that's the irony right here where on the right you have dude I don't I don't want to take this job why do I have to do this is crazy okay stop let me just stop it right there because I don't want this to be a long answer no it's done I want to no no no that's not the answer down because to me it's the state Right. It's not don't do it. It's if you believe
Starting point is 01:11:09 You ought to you ought to have the freedom to have an abortion up until the whatever 38th week Let's just say some states decide to which is insane to me, right? But if a state says that I can't live in that state if you want to live in that state go for it What's the argument for trying to make it national, where it's a federal, not a state law? What's the argument towards that? That, obviously Roe vs Wade was codified in what years? 1972? 52 years ago. Okay, whatever the number was.
Starting point is 01:11:37 53 years ago, yeah. So, it's a deeply personal and emotional issue. Like, throw logic out the window here. Just think about that first. Got it. It's a deeply, I mean we just saw the last clip where the woman struggled to picking democracy or access to abortion. Rob, is there a logical argument to this Rob? No. What Rob for you like Tom, is there any logic to this or is it just purely my body my choice make it a federal ban, make it a federal law not a state law. There nothing logical to it well they the left wants there is nothing logical to it the left wants the signature to be in the
Starting point is 01:12:14 executive order so they could make a national this and a national that why though because it gives them control it gives them single-pen control rather than allowing oh my gosh, who's talking about eliminating the electoral college? The Republicans or Democrats? The Democrats. They want to eliminate the electoral college. Of course.
Starting point is 01:12:33 I saw a post last night that this guy wrote, and this was legit, he wrote, you know, Wyoming has 600,000 people and two senators. California has 41 million people and two senators. How is that fair? And I'm like, oh my gosh, did you not take civics in school? So those people are out there. You're meaning it's in the constitution is what you mean? No, no. The civics lesson is that he said that's unfair, that California should have more senators when that's exactly why the House of Representatives was set up. Correct.
Starting point is 01:13:05 The point is, what they're arguing against, Pat, is the states having control over their people. They're arguing against the independence of the states, which the founding fathers said was critically important because the founding fathers, listen, why is it called New York? Why is it called New Hampshire? Because they were referring to districts and areas that were somewhere else and that people kind of thought a certain way and they were giving the states their independence to live as they choose, but they were giving people to move around the borders of the states inside
Starting point is 01:13:38 these United States, these 13 colonies, to live where they wanted. And the founding fathers got it right. And now people want to take it away so that they have look when you look at globalists they want one world control what does Klaus want control over green laws globally well now you just draw a line from that Pat right back down to liberal the hard liberal limbs that want a single pen Do you think AOC wants the new green, you know, bill to be determined by states like Texas with all of its oil? Hell no! She wants that the power of a single pen. Too bad is what I'm trying to say. Exactly! That's what I'm saying. That's how America was founded.
Starting point is 01:14:21 Precisely. So it doesn't have to be abortion. It can be anything like green energy. They want to control us with a single pen and win one election for president and then control the rest. Good luck debating with women who are filled with joy and are more focused on emotion of why they should think logically about why Roe vs Wade should be turned to the states. Good luck out there, guys. Well, that's why they're doing it with this particular issue. They do want to control the pen overall, and this is a much easier issue to do it with than, for example, going
Starting point is 01:14:50 green or any type of policies like that, because it's deeply emotive. It's very, very easy when you look at the psychological implications of this, the way it affects women. I've never seen women so emotionally invested in any issue, even when I'm just having everyday conversations with them. This is something that really fires people up, because for them women so emotionally invested in any issue, even when I'm just having everyday conversations with them. Like, this is something that really fires people up because for them it's about autonomy over their body. And when they live in a world where they're constantly told they don't have the freedoms
Starting point is 01:15:14 and the liberties to be able to make decisions about their life and the last line of defense that they have is autonomy to their own body, that is so deeply ingrained in their psyche right now that that's like the last thing that they're holding onto and they're grasping it with everything. And you know what I say to that? I respect it. Move to a different state. Move to a different state.
Starting point is 01:15:34 I moved to Florida because guess what? I moved to Texas because California didn't like me. If California is going to say, you know, we think we make better decisions with your money than you do, stay here, we know what's best for you. I said, no, I think I know what's best for my family. We moved. No problem. If you live in a state that doesn't allow you to do that, guess what? Move to a state that allows you to do that.
Starting point is 01:15:59 That's what's great. I understand what you're going to say. You're going to say, good luck dealing with women, emotions, and trying to get them with this. Go ahead. What are you going to say? No, no. What I was going to say, nobody's going to move states, at least from what I perceive,
Starting point is 01:16:13 just because on the hypothetical reason that if I get pregnant, this may happen. Yes, maybe some people. So I think a lot of people are going to say, well, I'm in Alabama right now. They've got a sort of archaic abortion rules. So what I'm gonna do is I'm gonna go fly to California or New York or Illinois, get my abortion done there, if I can afford it. And because a lot of people who are getting the abortions are sort of low socioeconomic people. And then that's what they're gonna do. I lived in LA for people that didn't have a lot of money to get their
Starting point is 01:16:43 teeth done or stuff that they have to do. Guess what they would do? They would drive five hours and they would go to Mexico to go see a dentist and they would say one-fifth of the cost. Is that what we want women to do? No, no, wait a minute. No, what do you mean? Is that what we want women to do?
Starting point is 01:16:55 No, guess what? In every person, the other day we went to dinner, what question did I ask you guys at dinner? What was my first question I asked all you guys? Rob, do you remember the opening question? Rob Lemos, MD Yes. What hill, that one? Dr. Alfredo Pena What hill are you willing to die on?
Starting point is 01:17:09 Rob Lemos, MD Yes. Dr. Alfredo Pena Okay. You know how many people have asked that question? Rob Lemos, MD A lot of people probably. Dr. Alfredo Pena A lot of people. I ask everybody that question. Why? I want to know what's your crusade, what's your cause?
Starting point is 01:17:17 So if somebody sits there, for example, when you're living in Texas, for a guy like me, what do I lose being in Texas? Water? Exactly. Living in Dallas. What else do I lose living in Dallas, Texas? What do you not get in Dallas, Texas? Anything other than freedom of guns.
Starting point is 01:17:37 Yeah, but you're not going to like 100% of every policy in every state you're living in. If I'm living in Florida, you're not going to like 100% of every policy in every state you're living in. If I'm living in Florida, you're not going to like 100% of the policy. There's a law in Florida, that's pretty much the only state that has this. When it comes down to, Tom, you know what I'm talking about, certain people you employ, it's ridiculous. In a good way or a bad way? No, it's not a good way.
Starting point is 01:18:03 It's a terrible way. But guess what? You take the good with the bad. it's not a good way. It's a terrible way. But guess what? You take the good with the bad. That's not the hill that I'm willing to die on. So if somebody sits there and says, but that's my hill. If it is, move to the States. That's that. If it's not, guess what?
Starting point is 01:18:15 Decide what your top three hills are and go die on it if that's your choice. For me, it was very simple. I'm a business guy. I'm a capitalist. I don't like to be told what to do on the way I'm raising my kids. You're not going to sit there and tell my kids about sexuality and all this other stuff. That's the hill I'm willing to die on. I can't live in the state of California.
Starting point is 01:18:34 I'm out. If that's not a big problem for you, go for it. Stay there. I actually love the fact that this is being pushed back to the states and let the emotions happen. Let the frustrations happen. Look, as a business owner, just a hundred and something years ago, 20 years ago, what was taxes in the U.S.?
Starting point is 01:18:52 Next to nothing. No, it was zero. Okay? In 1899, 1900s, what was taxes? Zero. Correct. As a business owner, you think I like that when I find money and I can rebuild the business and reinvest the
Starting point is 01:19:05 business and I create hundreds of jobs, you think it's comfortable knowing that the government is telling me they can do better with my money than me? That's a form of a reproductive right. Are you kidding me? I'm giving up that right to you. Who the hell are you? But guess what? I don't have a choice for that.
Starting point is 01:19:21 And this is what I'm going to do. I'm going to live in a state like this. So does it piss off a job creator? Do you think Elon Musk this year when he gave his tax bill, what do you think he thinks about when he's paying $11 billion in taxes? He's thinking about him arguing with Elizabeth Warren back in 2020 about how she's basically saying how billionaires need to be paying more taxes. He's like, I paid more taxes than anybody in the history of the world.
Starting point is 01:19:42 But you know what that means? When you're paying $11 billion to the government, you know what you're thinking about? This $11 billion I just gave to the government is going to get wasted. If I had that $11 billion, you know what I would do with that for my business? I would do X, Y, Z and create more jobs than a government is going to do. But guess what? Here you go, go waste the money. Let me make one question.
Starting point is 01:20:00 Go waste the money. Yeah. I'm with you because abortion is 0% the hill that I'm gonna die on but I would say the vast majority of women It is definitely in their top three I know it is and what I'm saying to you is I think it is gonna be an issue But I do think it needs to go back to the 50 states I also don't think a hundred percent ban is the right move because because the hunt forcing everybody that it's got to be a federal thing What's the opposite of that? The opposite of it is not?
Starting point is 01:20:26 50 states leave it to the states. What's the opposite of what the Dems want? If the Republicans fought to do the complete opposite of what the Dems are doing, what would that be? Do you mean like a complete ban of abortion? Exactly. And that's not what they're fighting for. Guess what though? That's extreme.
Starting point is 01:20:42 But that's how they're making them feel. They're not going to let you get your abortions, ladies. But we're not in the business. We're bringing the bus to come get your vasectomies, guys. Let's go. That's a problem. By the way, let me go back to it. It's a problem if you're causing policies just because of feelings.
Starting point is 01:20:59 You're not leading. You're walking on eggshells. That's what you're doing. You've got to take a stand and have a policy and get the knives and everything that's going to come after you and just say, okay, we're moving on. This is my position. You don't like it, vote accordingly, but I'm going to move on. But that was a perfect transition into a … have you ever seen this movie Pocahontas?
Starting point is 01:21:18 Elizabeth Warren Sparks with CNBC Anchor over Harris price gouging plan. Rob, if you've got this clip, it's confusing because they're going back and forth and He's not letting her speak. She's not letting him speak and he eventually gets frustrated You just have to see this exchange. Go ahead Rob time Your example You finished first in Your example on Kraft is even worse. You finished first.
Starting point is 01:21:44 In any of the states around the country that already have price gouging laws in place. Can I tell you why those are fallacious and misleading at best? And the Kraft analogy is even, why can't I tell you? Please let me tell you. Kraft you say was 440% profit increase. The example you used, the prior quarter from the year before, they had a charge of $1.3 billion, an accounting change which wiped out profits.
Starting point is 01:22:13 Then they earned what they normally, let me finish now. They, they, they earned. You didn't let me finish. Look at the data. Come on, we have economic study now after economic study. When there is more concentration. Senator, 40 million eggs were destroyed because of avian flu.
Starting point is 01:22:32 When there is more concentration in an industry, we have seen much greater increases in the pocket markets. Do you attribute the inflation? That's what you think we need to do to solve it? They're not random. They are not random one-offs. It is part of the problem. When you've got companies that are gouging consumers on prices, consumers need to know
Starting point is 01:22:54 they've got somebody on their side. Senator, we're trying to help. We're trying to actually do it. Where are you in the 36, 37 states that currently have price gouging laws? Just quickly on that point Senator Mornin, can I just clarify how this would work? This is the way you never lose an argument because no one can ever say anything back to you Senator. The state price gouging laws take a...
Starting point is 01:23:18 Wow. By the way, Joe Kerman, what a beast. And here's the point. What channel are they on right there? They are on CNBC where Joe Kernan and Sarah Eisen are on an island surrounded by this crap. There you go. And you know, the same day or the same weekend, she was also on MSNBC, owned by the same parent company, NBC. Tale of Two Cities right here. You know know that you know, we just showed the JD Vance interview with Kristen Welker Do you know who Kristen Welker interviewed directly afterwards? She interviewed Elizabeth Warren softball interview They're talking about abortion and trade
Starting point is 01:23:57 basically that and again same parent company NBC MSNBC softball interview. She's giving her rebuttal to JD Vance and then she goes on CNBC and Joe Kernan is like, no, dude, I want to know the reality here and let's follow the numbers as Tom likes to do. And there you see a contentious interview. I got two things to say. Watch interviews like this, America.
Starting point is 01:24:18 Point number one, listen for companies or numbers. It came out Elizabeth Warren's mouth. You won't hear them. Point number two, it says, listen to what she's really saying under it. What is she saying? You need someone on your side. She's trying to create a feeling underneath that. We need to be on your side while not mentioning any facts.
Starting point is 01:24:38 So take those two home and watch these things and be informed and make your choice accordingly. The road to hell is paved with good intentions and a lot of manipulation as well. Like it's true though, right? It's so true. And they're trying to appeal to people who, at this point, they feel hopeless. They don't see how they can financially make it out of the place that they're in, a place that the Biden-Harris administration put them in and the other democratic parties prior. And so to me, it's just just it's so ironic and coming from a country that does have a little bit of a mixed economy. We do have some more socialist policies there.
Starting point is 01:25:13 I've seen firsthand the negative implications it can have and yeah, I just again like Tom said just educate yourself. Don't listen to the words. Look into the policy behind them and the effect that these similar policies have had throughout history And look at the wealth that she and other senators have accumulated She herself Elizabeth Warren has traded and accumulated great wealth thanks to her public service By the way, she got emotional at DNC when they were cheering Iran. I don't know if you saw that or not She was getting emotionally crying which was very sentimental when you see well Pocahontas is human
Starting point is 01:25:44 But I so let's go through it. It's about the gold hits record high as investors bet on rate cuts. I think a kilo right now is $81,000. Gold price hits a record high, $2,500 an ounce, driven by Western investors' positioning for U.S. interest rate cuts and boosted by a flurry of institutional investment and bullish hedge fund bets.
Starting point is 01:26:04 The surge added more than 100 tons in bullish bets on the Chicago complex market in just one week. Holding and physically backed gold ETF have increased by 90.4 tons, worth $7.3 billion since May, with net inflows positive in seven and eight weeks as Western investors wake up to what Asia has been tracking earlier this year. And Tom, so this is all conversations around rate cuts. Nearly 90 billion pours into U.S. money markets, funds ahead of expected rate cuts. Everything is rate cuts.
Starting point is 01:26:34 Unemployment is the Fed's biggest enemy now, Powell says, not inflation. So Powell said something, okay, about what he's going to be doing. They're saying four or five rate cuts between now and end of 2025. How many rate cuts does it mean this year, Tom? Has he clearly come out and said what they're going to do this year? Tom Hichols He has clearly come out and said, we're going to see a rate cut in September. And he's clearly indicated that it's a nominal level.
Starting point is 01:27:00 When he says nominal, he means a quarter point. Right now, I think the 30-year mortgage is 6.25 to 6.5, which is a full point and a half down from the 8% that it touched last year. So this is good. People that are refi-ing right now on a typical mortgage are getting about a $500 relief. Imagine, if you get a $500 relief per month on your payment, that's $6,000 a year. That's $8,500 pre-tax. That's real relief for people that are able to refi right now.
Starting point is 01:27:30 That should go down to $6.0 to $6.25 by the end of the year. We may see highly qualified individuals get like a $5.875 mortgage by the end of December, but it's one cut this year of a quarter unless unemployment really pops and then he'll make one more cut in November. But if it stays where it is with the economy right now, we expect one cut now and then next year approximately a cut per quarter. There's your four cuts. Now what's really interesting is what have we been saying is the issue with?
Starting point is 01:28:06 Housing prices not enough for sale or keeping the price up right I have a chart I've dove into this and want to know how have the homebuilders been responding this year at this one Rob Yep, it's No, no the one I Know he was in a group text this morning the one you're talking about in the PBD podcast group text. Yep. So it's the It's not showing Tom. What it was showing was the home builder ETF has just now with the stock market Yeah crossed over a hundred percent up So you've made so if you put a hundred dollars in you come back to
Starting point is 01:28:46 You know, I think it was a... Right there, Tom, he has it. Go for it. Yeah. So this has to do with the housing bubble, but right now the stock index for the home builders is up a hundred percent year over year. So if you put a hundred dollars last year into the ETF that covered home builders like DR Horton, Toll Brothers, Lanare, KB Home, Pulte, and we know a guy. All of those together are in a little ETF and it's up 100% year over
Starting point is 01:29:15 year, which means home builders are doing well and they're building supply. And so right now, there's going to be some relief in home prices next year coming along with those cuts from next year but It'll happen faster if unemployment jumps past the 4.3 4.4 percent right now So if you're refining right now, you got some good news coming between now and the end of the year And home builders are continuing to build but it's going to take them another year to really get that supply in, to help bring prices down, unless you have like a real economic tremor that artificially brings them. Not artificially, but that kind of crashes the market. And by the way, Rob, can you pull up the Bloomberg story I texted you this morning?
Starting point is 01:30:00 Watch this here, Tom, which is absolutely wild. A $557 billion drop in office values eclipses a revival of cities. Steve Ivetian texted me this first thing in the morning, 5 o'clock in the morning, wherever he's at. The MJ of Gondel. So let me just read this to you. So the Sunsplash streets of LA. So it's going through the whole thing about what's going on. The names of the stars, CAA, all this stuff, keep going lower, keep going lower, keep going lower. He's going to give a name right there. Check this out.
Starting point is 01:30:32 It's a starkly different scene, 10 miles to the east in LA downtown core buildings are losing tenants and going into foreclosure. With the area's biggest commercial landlord and affiliate of Brookfield Corp, we know Brookfield, Tom. They just bought Anaco, American Nationals, an insurance company that they just bought. Start squeezing it. Yeah, let me continue reading that, Rob. And Brookfield defaulting on $2.2 billion of mortgages since last year.
Starting point is 01:31:00 Ten camps, dot the streets, in the epicenter of the city's homelessness crisis, ocean-wide plaza, graffiti-covered project, abandoned by Chinese developers, headed for bankruptcy auction in September. If you go a little lower, look at those buildings, by the way. That's embarrassing what's going on over there. Keep going lower, Rob. I want to read the one chart. Zoom in on that chart. Look at this chart, by the way. This is core business districts, how they're being hit versus outlying areas. Okay? If you go to 2016, look where it was. Office prices plunged 52% from its peak. Okay? 52% from its peak. The peak is, what year you want to put the peak? 22, rap? Okay, let's just say 22.
Starting point is 01:31:45 Now, the bounce out of COVID. And the suburbs are how much lower? 40%, 37% less, right? Then all of a sudden, now, go to today, look at the flip right there. Suburbs are now selling, have dropped the value they've maintained over actual major cities. And even if you go a little lower, the additional stats it tells you about who else has stopped. This Bloomberg thing is really abrupt. What it's telling you is either freaking claim the offer or get off the site.
Starting point is 01:32:15 That's what it's telling you. Office rents have grown more slowly in central districts, changing asking rents from start of 2018 through the first quarter of 2024. New York financial district, Plaza South, minus 4%, the main office district, outer area, 27%. Same with Seattle, same with Dallas, same with downtown LA, and same with Miami. Tom, what do you think is causing this? Is this getting smaller businesses or even bigger companies to say, like, we can keep a fancy building, like even Goldman Sachs, the building we got a tour in, right? Beautiful building.
Starting point is 01:32:50 Right next door to the brand new number one World Trade Center. That's right. Beautiful building right next to you. You're sitting there looking outside the office. You're looking at the World Trade Center, right? And then now they're building in Dallas. So you're seeing a lot of companies saying, I need an office in Miami, just to say we're in Miami, but we're getting really an office
Starting point is 01:33:10 20 miles outside of Miami. I need an office in downtown, just to say we're in downtown, but we're really going to get an office 20 miles outside of that. Do you think this trend is going to continue or do you think it's going to go back to being the downtown model? Scott Fischer The trend will continue, and this is what's going on. Where are those home builders building homes in outlying areas? So more home supply means workers are finding homes further from downtown.
Starting point is 01:33:34 That doesn't mean the boonies, to use a word. For instance, Buckhead is thriving. Downtown Atlanta is squeezed, that chart you just showed. Galleria area where we used to live, like two miles from that, thriving. And downtown Dallas was also thriving, but Dallas was kind of an exception. But that's exactly the dynamic you're seeing. You're seeing these main old downtowns, some of which have been revitalized, but it takes people forever to move down there.
Starting point is 01:34:00 If you have a family, you don't have a condo downtown. You don't live in a cool apartment downtown. You live outbound where you get schools and other services and things like that. And so the commercial real estate is directly related to work from home and where the homes are and where the workers can afford to buy a place to live. That's what's happening.
Starting point is 01:34:24 And if you're young and single like Adam, you could live downtown and work in Brickell. But if Adam had two kids, where would you, we'll do this test. Leave my kids out of it. Leave my kids out of it, Tom. No, but if Adam had two kids, he's probably not gonna live there.
Starting point is 01:34:39 I see what you just did right. It was going smooth. Until that this you just made. What's happening here, bro? no. So, but if Adam was living in Dallas and had a couple of only live in Addison, stop, you would look, you know what Addison is the outline area right there by Galleria and you'd have school services and beautiful shiny offices to call your own. But that's, that's what's going on. This is related to the home building and it's related to work from home. But that's what's going on. This is related to the home building,
Starting point is 01:35:05 and it's related to work from home. And remember, what have companies been doing? Closing offices and squeezing costs for two years, which has led to the S&P 500, one third of its run-up, they say, is cost savings and efficiencies. So you do have a BET voice. Did you see what just happened at the time?
Starting point is 01:35:24 So what have they been doing? They have been. Did you hear that voice? That's how he talks to Kim. I was trying to be less. We gotta be PG-13, Tom. Don't go there. The cheerleader.
Starting point is 01:35:34 Tell us. The BizDoc babe is chill. Well look, Pat, she likes the voice. You know I'm a team player. You know I read the book, Barbarians of Bureaucracy. Here's what I'm willing to do for you. Let's hear it. I'm willing to be a barbarian. I'm willing to be a flag carrier. I'm willing
Starting point is 01:35:49 to be the guy to move down to Miami and set up shop and open up our Miami office. I will carry that burden. And I don't want, it's a scarlet letter on my chest. I don't want to do this, but I'll only do it for it for you But we can we can potentially talk about that But you know you guys Tom did a great job of sort of discussing sort of the macro economics of the reality here Is you know on on my side I handle a little bit more personal finance I don't hear the average everyday person running around being like hey you're here Jerome Pallese I think he might be making four cuts next year. I don't know What do you think buddy? They have no clue the difference in a Fed fund rate and a target rate and a prime rate. They got no clue. They just know that they're living paycheck to paycheck and they're just looking for a better economic
Starting point is 01:36:33 situation here in America because 50% of the people in America don't invest in the stock market. But if you're of the other 50%, don't look now, but you're probably richer than you've ever been. I certainly am. The stock market was up what last year, Tom? 24%. If you look at the S&P this year, I think it's closer to 20%. So if you're playing the market, life's pretty good. If you're playing the crypto game, life's pretty good if you're doing the HODL strategy. So I remember you talked about gold is the initial part of this.
Starting point is 01:37:00 I'll never forget the first time that I felt, I think it was an ounce of gold? Was it a kilo of gold that you were giving out? Okay, let me tell you something. You think, like everyone grab your iPhone right here. Like, all right, it's pretty heavy. It is 10 times as heavy as this. I was like, Oh damn, this is a heavy thing. I think it was trailing at somewhere around 50 grand in 2020. We talked about this yesterday. Okay. 50k. And I'm like, all right, how well do I know PBD? Do I just make a run for it right now? I don't know. So it was like, wow, this and you remember you were giving them out as like gifts
Starting point is 01:37:30 Yeah, in like stocking stuffers at PHP not bad company to work for and now it's worth what 80k? 81k. Okay. You listen, you're the numbers guy. I'm sort of the round the round numbers guy, but here's the reality I remember one thing you told me about gold. Gold won't make you rich, it'll keep you rich. But gold is now at an all-time high. If you invested in gold in 2020 when everyone's kind of crashing and people are like kind of scared, you'd actually be doing pretty well right now. What's the rate? Less than 5%. Gold is something you do less than 5%. As far as your asset allocation strategy. But for the longest time, gold hasn't had a positive story. This is the first time, gold hasn't had a positive story.
Starting point is 01:38:05 This is the first time where gold people can brag a little bit and say, yes, I told you so. I mean, not comparable to crypto or Bitpoint, but they do have an argument now. The crypto community obviously has been running circles around the gold community and there's an answer for that. But my final point is don't look now, but the economy is actually not doing too bad. Unemployment is at 4.3%. The target is usually between 3 and 5%. Inflation, I think it's right around 2.93%. There it is, 4.3%.
Starting point is 01:38:34 Target is between 3 and 5%. You remember it kind of went up a little bit. That's when the market crash happened a few weeks ago because that was that whole blinking light. But inflation is somewhere around 2.93%. Rob, you can fact check me. Target is 2%. Not bad. And again, the stock market is at all time highs, 2.9%. But the reality is if you're an investor and you have money, life is pretty good for you. If you're a paycheck to paycheck person, you're struggling. And
Starting point is 01:39:02 as we talked about earlier, it's emotion over rational. The last two minutes, that this was a whole statement to make sure everybody knows Adam is rich. That's what Adam was doing. No, no. This was like, listen. I say this, this might be in my tombstone. You ready?
Starting point is 01:39:18 Here we go. $150 million ain't what it used to be. It's not what it used to be in Vietnam, in the Kamala Harris zone. That's funny. Let's go to this next one here, which is Boeing employees humiliated that Upstart, Rival, SpaceX, how dare, will rescue astronauts stuck in space. It's shameful. This is a New York Post story. Let me read this whole thing to you. So Boeing employees are humiliated after NASA decided
Starting point is 01:39:49 astronauts stranded on the ISS due to Boeing's troubled starliner spacecraft will be rescued by Elon Musk. One Boeing worker candidly expressed the company's frustration saying, we hate SpaceX. We talk shit about them all the time, and now they're bailing us out? It's shameful. I'm embarrassed. I'm horrified. The Boeing Starliner, which suffered from helium leaks and thruster issues, was initially meant to return the astronauts after an eight-day mission, but NASA decided it was safer for them to wait for SpaceX's crew, dragged mission in February 2025. Despite Boeing's belief that Starliner could bring them home safely, NASA's opted for
Starting point is 01:40:32 SpaceX. That is so embarrassing. With the Boeing employee noting, they have their own PR issues and don't need two dead astronauts. Tom, thoughts on the story? Tom Hichman, Director, NASA Well, first of all, let's play forward what happened. The Boeing capsule, the thrusters don't work. So if you've ever seen pictures when they re-enter,
Starting point is 01:40:53 they re-enter on one side because it has what's called a heat shield. And you see there's all this friction and this fire and almost molten on the bottom of the spacecraft. Then it crosses through that part of the atmosphere, comes into the clouds where it cools off, and then lands in the ocean safely. Boeing says, yeah we've been having thrust problems with the thrusters turning off. So if that thing's coming to re-entry and the thrusters turn off, it turns over and you go from re-entry to cremation ceremony. That's
Starting point is 01:41:24 what happens. And that's what they don't want to do, especially those pink spongy things, the astronauts inside, don't do well above 140 degrees. And so Boeing is saying, we're really worried about it. We don't think it'll work. And NASA is saying, well, what are you going to do? And they're like, can our guys hang out at the space station?
Starting point is 01:41:45 We got enough water, food, and all the stuff up there? And they're like, yeah, but what's your plan? It says, we'll get back to you. Boeing doesn't believe they can do it. They want to send their capsule back empty, and they wanted to do it without news coverage or notice. Why is that, Pat? Because if it comes back in and
Starting point is 01:42:06 it flips over because the thrusters fail, it burns up and basically a few pieces of metal land on the ground. They're like, boy, I'm glad the astronauts weren't in there. What's terrible for Boeing? Boeing's in a no-win situation. So they do they take the track? Well, it comes back safely and he said, well, we could have put our guys in there, but we didn't want to risk it. So, it's more Boeing suffering from making something that's not full QA. And whether you've got a big company and you're trying to build a software system, or you're trying to build a capsule to bring people back safely, QA and getting it right the first time is important. So, now Elon Musk is, well, I've got really high safety
Starting point is 01:42:45 records and NASA likes it. And NASA told the Boeing board, the Boeing board said, we really don't want to take this risk. And NASA says, well, we like the safety record of SpaceX. We'll have them do it. And Elon Musk, the entrepreneur, and matter of fact, we could be there every week from Tuesday if that's okay. So it's, and now the Boeing people are just like.
Starting point is 01:43:03 They're worried about all this stuff. They're not at all worried about her hair like Don't they think that's like a bad publicity? The Korean jump here look I mean By the way, you know what I can't say about these two guys I've watched many clips of them the fact that they're calm relaxed and chilling Knowing their employer may not bring them back anytime soon, and another guy named Elon Musk may, and they're careless about it. You know what it tells me?
Starting point is 01:43:31 It just tells me they're having a blast being out there. They probably enjoy each other's company. I mean, I don't know. There's a lot of different thoughts that went through my mind on what happens out there in space. Let's go there. Let's go deep into the abyss. That's your show.
Starting point is 01:43:46 That's not the show here. But when I think about it, I just really, I looked at these guys and said, listen, they're enjoying each other's company. Maybe they're playing Monopoly, which is good. You lose money in air, right? How do you play that game? Maybe they're playing Scrabble, right? The letters are like flying.
Starting point is 01:44:00 There is my letter. Maybe they're playing Domino's. I don't know what they're doing, but what are your thoughts on this? I'm curious. Do you guys know what's the longest somebody's been in space for? Because these guys are due to come back in when? 2025, correct? I think it's 251 days. Okay. Is the record. So they can't get them till like February, March, right?
Starting point is 01:44:17 What is it? 437 days. Okay. I was way off, but I had a guy on that was on 251 days. Okay. So this will not be the longest anybody's been in space. No. Okay, I was just curious to really know like the health implications, like you know everything like that. That's so funny you said this. I had a guy on who was out there for 251 days, astronauts, and my interviews about astronauts crush Rob. No, but they say when you go in space and you come back, you grow two inches taller.
Starting point is 01:44:47 They did the comparison with the twin brother. Does anybody know what I'm talking about, where they had an astronaut who went into space? That's who I had on the podcast. Oh, that was him, okay, exactly. Yeah, they grow two inches. There was other differences as well that they can point to, so I don't know.
Starting point is 01:45:01 It's really interesting, obviously, very, very embarrassing for them. I'm also curious to know, when did this this take off and was that already after the Boeing whistleblowers came out for the planes on like the stratosphere on Earth? Like, you know, how much do we need to establish these policies on Earth before they also realize they apply to space too? It's just insane to me. By the way, Scott Kelly is the one, Rob, if you want to pull it up. Scott Kelly is the guy, his height after coming back, that's the one she's talking about. He's not the senator, that's Mark Kelly, right? No, he's
Starting point is 01:45:33 the brother. Mark Kelly is the brother, Scott Kelly is the one that was in space. And then Mark Kelly was on the short list for being a VP. Yes. Hey listen, Rob. So most of the results were mixed, good and bad. Kelly's health breakdown and turnover of bone actuality increased 50-60% during the first six months, but that failed off to during six. And the skeletal system resumed a normal replenishment rate after he was back in gravity environment. Interesting. Look, these brothers, regardless of where they're at politically, kind of awesome.
Starting point is 01:46:05 One became an astronaut, one became a senator. It's like, what's the brothers who run? It's Rahm Emanuel and his brother Ari Emanuel. These are beasts right here. Back to the initial point about Boeing, has any company tarnished their reputation and legacy worse than Boeing over the last few years? Pre-COVID, they were at an all-time high stock price, $370. Now it's cut in half. And the most ironic part, because we've covered this, is they were so focused on keeping their stock price up that they forgot to keep the
Starting point is 01:46:36 planes up. And look what happens when you forget your customer, so to speak, and now they're paying the price. So we'll see if Boeing can recoup from this. And then meanwhile, you have, I think, Airbus, who's their biggest competitor on the flights. I think they're based out of France, I want to say. Who is, I think their stock price must be doing great these days. All right, let me read this next story. So Telegram messaging app CEO, Durov, arrested in France. This is a Reuters story and then there's a follow-up story with it with a threat being made to Musk.
Starting point is 01:47:11 So hang tight here. I'll read both of them to you. So Pavel Durov, CEO of Telegram, was arrested at Le Bourget airport in France reportedly due to preliminary investigation to Telegram's alleged role in facilitating crimes by lacking moderation and cooperation with authorities. The arrest has sparked backlash from Moscow and criticism from Elon Musk who claimed free speech in Europe is under threat. Dorova, a Russian-born billionaire with French and UAE citizenship, created Telegram as a neutral platform to protect privacy and avoid political entanglement, leading to tensions
Starting point is 01:47:42 with governments, including Russia, where the app was banned in 2018 for refusing to provide access to encrypted messages. The arrest has intensified scrutiny of Telegram, particularly in Europe as it's growing influence." Now at the same time, there's another story that came out with Vindman says, Musk should be nervous after Telegram's CEO was arrested. Free speech absolutist weirdos is what he calls him. So in this story, retired Lieutenant Colonel Alexander Vintman issued a warning to Elon Musk after Telegram CEO Pavel was arrested in France, for allegedly failing to limit criminal activity on the platform, stating, must you be nervous due to the growing appetite
Starting point is 01:48:19 for accountability and increasing intolerance for platform. This malign influence, Vintman comments, drew significant backlash, leading him to double down by criticizing free speech absolutists, weirdos, and suggesting that enforcement against such platforms is only likely to increase while others like Elon Musk, R.F. Cain, a rumble CEO, Chris Pavlovsky rallied in defense of free speech, labeling DRS as dangerous move against freedom. Amy, thoughts on the story. Oh, man. This is what really grinds my gears about this is the hypocrisy when it comes
Starting point is 01:48:51 to the way Mark Zuckerberg was treated versus this particular person and versus Elon Musk. So as I alluded to at the beginning of the podcast, there was a situation where they tested a simulation within the Instagram algorithm and they determined that it was being utilized to connect predators and pedophiles to children for sale on Instagram. And they were also aware, many people within the meta staff were aware of this and it seems like they did nothing to stop it until it became a very, very public story.
Starting point is 01:49:26 They also ran real life simulations with this where they created brand new accounts. They had designated task force and tested this across other platforms as well. Only happened on Instagram where a brand new account. What content is displayed to this brand new account? Very, very sexualized and disturbing content. And within a matter of, I believe it was 26 minutes, it took a brand new Instagram account between the ages of, I believe it was 13 to 16. So it is intentionally pushing this type of sexualized
Starting point is 01:49:58 content to people on Instagram. And this is something that was proven. So how is something like that? Okay, possible possible maybe we hear about it now and then yet the CEO of Telegram is literally being arrested. I just can't reconcile the difference between these two things. Quote failing to limit criminal activity on the platform that is the core charge against him. If that's the case then what's up with Instagram and also the guy from Silk Road is still in prison. Yep.
Starting point is 01:50:28 And they say that he will be released and pardoned by Trump as soon as Trump is elected, assuming Trump is elected, that he will be out of prison. So, what do you say on Instagram, which has a back channel that's very similar to Silk Road? You can get Coke and marijuana in the states where it's not legal. You can get it quickly on Instagram, contacts on Instagram. So how is Zuckerberg failing to limit criminal activity on his platform?
Starting point is 01:50:59 If he vacations in France, are they going to tap him on the shoulder? So you guys basically touched on the tip of the iceberg here I get it But there's a way bigger story that's going on here and this comes down to the first story We talked about today, which is the essence of freedom of speech This guy's been you talked about Zuckerberg and Instagram. This guy is basically the Mark Zuckerberg quote-unquote of Russia He's worth about 15 billion dollars. He's arrested in France unquote, of Russia. He's worth about $15 billion. He's arrested in France. So Pat, you'll remember the story. In 2015, there was a terror attack in San Bernardino. You know where I'm going with this?
Starting point is 01:51:33 Of course, when Tim Cook didn't give up the phone information. Bingo. So Apple said, nah, you're not getting in here. Sorry. So that same year, this gentleman right here, Pavel Dorov, he fled, he was born in Russia, he left in 2014 because the app that he was basically building at the time, it was a different app, not Telegram, it was basically anti-government sort of exposing corruption and he had to leave obviously with Putin. And he left, moved to the EU, it looks like, and then started Telegram. But right after the San Bernardo terrorist, I think it was 14 people died, 20 people injured. Big news, this is right at the height of ISIS.
Starting point is 01:52:14 Now it turns out that ISIS was using Telegram. And they contacted him and they said, yeah, we need to get into these phones. And he said, no, sorry, this is a free speech. The app's encrypted. He wouldn't let law enforcement in. There's a whole conversation with that, whether the FBI in San Bernardino or whether the law enforcement in the EU should be able to get in phones, especially due to terrorism activities. I understand completely.
Starting point is 01:52:44 So he's being accused of his mission in life, as they say, is he's allowing others to have free speech and express their freedoms. Coming from Russia, I can understand that, but he's being charged with failing or not moderating criminal activity, illegal immaturity, drug trafficking, human trafficking, child pornography, which he talked about, hateful and insightful rhetoric, far-right extremism, however you put it that way, promotion of terrorism, which you just talked about, organized crime. And you know, the question I asked, which Tom poignantly brought out was, what platforms are able to operate under Section 230?
Starting point is 01:53:22 And which people get arrested, like Ross Ulbricht of Silk Road are now Pavel Durov of Telegram. How do you, where do you draw the line here? Because we know section 230 is the content moderation platform where Facebook or YouTube or Twitter or what have you basically are unable to say, listen, that's not on us. I can't control what somebody tweets or says or does or thinks. That's not on us. So they can hide behind section 230. Publisher or just an enabling technology. Exactly. So, you know, Daily Wire kind of
Starting point is 01:53:52 had to deal with this with Candace, whatever that was, you know, section 230 publisher versus being an owner of it. But then you have people like RFK who he's resounding like his number one thing above all is free speech, despite everything else he talked about. Ed Snowden came out and said, this is an assault to basic human rights of speech. RFK, the need to protect freedom of speech has never been more urgent. You know how Elon Musk fails and our friend Chris Boblowski at Rumble turns out to be one of the more necessary people in the world at this point.
Starting point is 01:54:20 But the actor, you know, so, oh yeah, let's shut this guy down. Well, who else was using Telegram? Apparently, Volodymyr Zelensky in Ukraine has been using this to basically escape whatever that was. Journalists reporting from the front lines in Russia and Ukraine, everything with that. Protesters in Iran are using this. Protesters in Hong Kong. So it's a very slippery slope where they're basically saying that he's the bad guy.
Starting point is 01:54:44 So good point. Is this a 2016 interview? It is. Can you play this clip, please? So it's a very slippery slope where they're basically saying that he's the bad guy. Is this a 2016 interview? It is. Can you play this clip, please? In your mind that says, gee, we have to allow law enforcement to get in because what's going on is just unacceptable. The interesting thing about encryption is that it cannot be secure just for some people.
Starting point is 01:55:06 ISIS and other terrorist groups, they just push a button on an application like yours, specifically yours, an application, and it's gone around the world like that. Well, again, this is the world of technology, and it's impossible to stop them at this point. ISIS could come up with their own messaging solution within a month or so if they wanted to because the... You mean create their own telegram? Exactly.
Starting point is 01:55:34 Since Paris, Dorov has been purging ISIS propaganda from Telegram, but says if asked to unlock any private messages, he would tell the authorities that the encryption code makes it mathematically impossible using a similar argument as Apple. So you're basically saying that even if you want it to, your hands are tied. Yes. You can't do it. We can not. By the way, you know how big is Telegram valuation wise?
Starting point is 01:56:03 Rob, can you type in? It's estimated because they haven't gone public yet. So whatever number you get, it's going to be a Telegram valuation. Okay, let's just see what it says. 15 to 30 billion dollars. Okay, more than 30 billion dollar valuation. You know how many employees they have in this 30 billion dollar company? I'm guessing not a lot.
Starting point is 01:56:23 102 employees. It's crazy. That's it. What percentage does he own of that? I'm guessing not a lot. 102 employees. That's crazy. That's it. What percentage does he own of that? I think it's 100%. 100%? I think it's 100%. Yeah, so 102 employees that they have.
Starting point is 01:56:35 Very small. And by the way, you know who his direct competitors are? WhatsApp. Signal. Guess who started those two? Same guy. It's the same guy. It's the same guy? Yeah. It's the same guy.
Starting point is 01:56:45 It's the same guy? Yeah. It's the same guy. So type in, go up there, it's a guy like Brian. So he sold WhatsApp to... So go to a guy named Brian. To Facebook? This guy started WhatsApp and Signal.
Starting point is 01:56:54 Okay, not probably. One of them is apparently a for-profit. I think the other one is a non-profit, if I'm not mistaken. We dug into this. Go type in,, obviously, sales. Signal, maybe also Profit, but there's an element. The same guy started both. Okay, so what makes you think these guys like the Pavel guy? What makes you think they're happy about what Pavel is doing? What makes you think they're going to sit there and be
Starting point is 01:57:22 like, yeah, we love this Pavel guy. You go, Pavel. You're a great guy, right, on what you're doing. And then WhatsApp is owned by who? Facebook. Meta. Right?
Starting point is 01:57:34 So you have to realize, man, this is, let me tell you, this story of this guy getting arrested and what's happening to them in Europe, it's actually a terrible look for Zuck, because Zuck owns WhatsApp. So if anybody wants this guy to be free, to get less hate and agitators to come after him, it's got to be Zuck. Zuck has got to get out there right now and talk about the fact that this guy's got to be free. Zuck's got to make a statement and say, hey, because that would be a way of saying, wait
Starting point is 01:58:03 a minute, so here's a direct competitor, a guy that owns WhatsApp, is coming out there and defending him. That's kind of weird. Good for him for doing that. If Zuck's PR guys and publicity guys are good people, tell Zuck to come out there and give a quick defense of Pavel and we support competition and what he's doing, etc., etc. This is a very good time to say a few words. Rob, maybe he said something. Can you check to see, put Mark Zuckerberg on Pavel's arrest?
Starting point is 01:58:32 Has he said anything? I have not heard anything. Maybe he said something. Can you pull that up real quick? I have not heard him say anything. Telegram CEO, no. Gold little lord, does it say anything there? No, he's not said anything about it.
Starting point is 01:58:43 No. Want to know why? Why is that? Because he's got nothing said anything about it. No. Want to know why? Why is that? Because he's got nothing to worry about. He has a lot to worry about. Well, I don't think he is anywhere in jeopardy of getting arrested. That's not the point. He has a lot to worry about.
Starting point is 01:58:54 I think the guy that should be the most worried is the second gentleman that you brought up, Brian, what's his name? Acton. Yeah. The guy that owns Signal? Okay, yeah, I'd be very worried right now. So if you want to eliminate competitors, what do you mean? Brian, he's got nothing to worry about. He's protected. He's on the side. He's a guy that-
Starting point is 01:59:08 Why is he protected? Because he just arrested his biggest competitor. If you want to get information from him, he'll give it to you. The difference between the two is- so if you talk to a lot of people in the marketplace who are communicating, I'll talk to CIA guys. I'll talk to guys that are FBI guys. I'll talk to guys that are former Fed, former CIA. They don't use Signal. They don't use, what do you call it, WhatsApp. If they have to choose between the three, the ranking gets telegram first, then Signal, then WhatsApp.
Starting point is 01:59:38 They don't even want to touch WhatsApp because WhatsApp is on their Facebook's jurisdiction. You have to know that part, but people trust Telegram the safest to communicate. So why does this guy, Alexander Vindman, saying that Musk should be nervous after Telegram and Seymour said, because I've interviewed this guy, Vindman. If you remember when you had Gary Kasparov at the vault, by the way, vault coming up next week,
Starting point is 01:59:56 you can get your tickets now. And then Gary Kasparov who spoke, this was a little bit in 2021, and then he did the Freedom Forum, Alexander Vindman was there. Not a fan of Trump. Why would he say that? So if Zuck doesn't have anything to worry about, why should Musk?
Starting point is 02:00:10 Are you following the entire podcast today? I am. What were you? I am. But what I'm establishing is the fact that what's the reality? No, bro. That they're going to arrest Elon Musk. Zuck has been protected for the longest time.
Starting point is 02:00:24 And Zuck, the moment he been protected for the longest time and Zuck the moment he is kind of getting to the point that the left no longer owns him now the left is going after him So trust me Zuck right now is in a weird position that he's hated by the left and the right He doesn't have any friends right now Zuck doesn't have any friends right now. Not even on Facebook? Hear me out for a second. Hear me out for a second. Zuck has no allies right now. No, he doesn't have any allies right now. That letter threw the entire left establishment under the bus.
Starting point is 02:00:57 That was a spit in the face to the left. That was a spit. You do that. You know what? That's kind of like, let me tell you the closest comparison you can make to that. The closest comparison to what Zuck did yesterday is when Comey said what Hillary was doing with the emails. That's how bad that is.
Starting point is 02:01:12 That is like the worst time. The only thing that would have been worse is if Zuck would have written this letter on November 3rd, not today, because by November 3rd people are going to forget about it. The fact that he wrote this letter today in August instead of November 3rd helps the light. You mean November 3rd, a couple days before the election? Two days before the election. It would have been catastrophic if he wrote it on November 3rd. Yeah, because when Comey did it, I think it was a week before the election.
Starting point is 02:01:34 That's exactly the timing of it. So for me, Zuck has zero friends right now. Zuck has to be friends with Telegram right now. Zuck has to find a way to get close to Musk right now. That's going to be problematic. Zuck has to find a way to get close to Musk right now. That's going to be problematic. Zuck has to find a way to get close to Trump right now. Zuck has zero allies right now, period. He's on an island by himself.
Starting point is 02:01:53 Zuck has to be seen in the next 30, 60 days by people from the center right or else. Zuck has zero allies today. Zero allies today. And those who do, don't trust him. So say you're on the left. You sit down to have a meeting with Zuck. What percentage do you believe he's going to do what you want him to do? Probably not high at this point.
Starting point is 02:02:13 If you're on the right, you're sitting with him. What are you doing? Yeah, they never trust him. Hey man, you better start making some allies because you ain't got no allies right now. I don't know, but I think that's kind of a good position for him to be in. I agree. I don't want Zuck on one side. I agree.
Starting point is 02:02:23 I agree. But still, he needs allies today. He needs allies today because people don't trust him today. The fact that he made that letter, as much shit as people are saying about him, the fact that he's getting ahead of a whistleblower, all this other stuff. Guess what? How many times did Hillary know people are going to say about her? What does she do? Nothing. How many times do people know that a whistleblower is going to come out and they're going to say something? What do they do? Nothing. How many times do people know that a whistleblower is going to come out and they're going to say something? What do they do? Nothing. They're like, screw you. Yeah, we did it. What do you want to
Starting point is 02:02:49 do about it? Nothing. We're not going to respond. And a week later, the story is going to go like this. It's election year, guys. You're going to forget about this in three days. Do you realize how long ago the assassination attempt was? It was like two months ago. A month ago. No, it's not two months ago, bro. Six weeks ago. What is today's date? Rob, what's today's date? August 26th? Yeah, 27th of August. 13th.
Starting point is 02:03:08 It was exactly six weeks ago. It feels like it's a year and a half ago. It feels like a year and a half ago. It was just six weeks ago. Of course it feels like it. They had the RNC, they had the DNC, Biden dropped out. Everybody just moved on. So no, I think in a situation like this, Zuck would be in a good place to say something
Starting point is 02:03:28 good about Telegram. Go ahead, Tom. I completely agree. I mean, and Zuck right now is on an island, but it's not an island he wanted to be on, it's where he ended up. Zuck ended up on this island because he sees, and he had no choice, he had no choice but to put out that letter or some statement because congressional hearings are coming and when they arrive, by the way, what just happened? Google is waiting to find out how it's going to be broken up or moderated.
Starting point is 02:04:00 It was, do you see that? It's a multi-billion dollar decision about Google and its monopolistic power over search. Exactly. So Google is heading now from, to arraignment, when arraignment, sorry not arraignment, is heading to sentencing, what they're going to do. You don't think Zuck is thinking about that. You don't think he's thinking about all these things as well. He had to make a statement knowing full well that right now is they want him to manipulate the election right now. He's not doing it. He says he's not doing it. If he's really doing it, why make a statement like that and then go
Starting point is 02:04:31 behind the doors and actually really be doing it? It's the worst thing if he does, Tom. Zuck actually made the right move writing this letter. He did. This was the hardest thing to do, but I believe he made the right move writing this letter. The sect that doesn't believe him or forgive him, don't. Totally understand it. Don't do that. The part that's sitting there saying, hey, so now that you said this, what do you want to do about it? Do you want to have a conversation? So maybe an RFK is now, imagine if RFK does a sit down with Zuck. What does that look like, if that were to take place? What does that show?
Starting point is 02:05:07 What if he does say, hey man, we made a mistake, like I said to you earlier. I think there's a very interesting play with what Zuck's going to be doing, but I want to go to Australia's story and what's happening over there. Australian employees now have the right to ignore work emails. Guys, if you like this, move to Australia. It's only a few minutes away. Call after hours. Let me say it one more time, according you like this, move to Australia. It's only a few minutes away. Call after hours. Let me say it one more time.
Starting point is 02:05:26 According to Reuters, Australian employees now have the right to ignore work emails and call calls from after hours. Australian employees have the legal right to disconnect from work emails and calls after hours with the new law stating that workers cannot be punished for refusing to read or respond to contacts outside of work hours, addressing for grown intrusion of work into personal life. The law, which came into force on Monday, aims to curve the trend where Australians worked on average 281 hours of underpaid overtime in 2023, a value of $130 billion, a problem
Starting point is 02:05:59 exasperated since the COVID-19 pandemic, blurred work-life balance boundaries. Oh, here we go with this language again. While the law includes exceptions for emergencies and jobs with irregular hours, refusals must be reasonable with the Fair Work Commission having the authority to issue cease and desist orders and fines up to $94,000 for companies. Amy, thoughts on this story? So, for example, let's say Humberto, my supreme leader, shout out Humberto, I appreciate you. Let's say for example, Humberto called me after work hours. He calls me at 7 p.m. We
Starting point is 02:06:34 have a conversation and I don't like that. I can then go ahead and file a cease and desist order against him. And from there, if he chooses to violate again and call me after hours again, he can then be fined up to $19,000 or the company could be fined up to $94,000. So my question is, how is this going to be weaponized? Because we know that people take things to the absolute extreme.
Starting point is 02:07:00 I actually got into a very contentious debate with my friend about this last night. She's a lawyer. She thinks that this policy is actually good. She'd like to see more of this over here in the USA. And I disagree. I personally disagree. And I think maybe it comes down to the difference between whether you're looking for a job or you're looking for a career. But I know for me, the majority of my professional development and where I have grown in the roles that I've been in and how I've excelled have come from outside of work hours, from mentors who've poured into me and given me their time after work, which I also appreciate. Right. So I think that this is a very, very damaging policy to the mindset of the Australian people, where it's already a very entitled society, a very lazy society, which is the whole reason why I came to this country in the first place for the American dream. That's why I love this country. And it saddens me to see Australia
Starting point is 02:07:50 moving further and further and further away from that. Your friend, a lawyer, what was her argument? What was she saying? She's just saying that for the average person, it's not fair that they're contacted outside of work hours. They should be able to switch off for their mental health, their work-life balance. But my arguments were, what about business flexibility? What about when you're working with people who live in different time zones? How is that gonna correlate then? Reduce collaboration.
Starting point is 02:08:15 It could stifle spontaneous collaboration and innovation. I can't tell you the amount of times where I've had ideas outside of work and I just spam text Humberto, or spam text somebody from the studio, because it came to my mind right there and there and I just spam text Humberto or spam text somebody from the studio because it came to my mind right then and there and I have to share it, you know? And also just damaging to work ethic in general.
Starting point is 02:08:32 And by the way, just so you know, here's how this works. So Amy, you started off here with us at Badevi Consulting, right? Then you wanted to be on the creative side. So you went to creative and you're kind of working over there with Distribution, with Humberto, with all those guys. Then you get invited to be on, I think, SOSCAST. Then you get invited to be on Unusual. Then you're doing a show with Tom, you know, the Decision 2024, the two of you guys together,
Starting point is 02:08:54 which does very, very well. The audience loves it. The review on that is in the 98 percentile of likeability. Then you get invited to be on the podcast. But if you don't do this kind of stuff, and then how are you going to be identified? But if you do, people take notice. You're here because of what people behind closed doors are saying about you. I'm not there watching how you work.
Starting point is 02:09:17 They'll tell me, let me tell you what she's doing. Here's what she's doing. Let me tell you what she's doing. And the more you hear that, the more opportunities come. So if somebody doesn't do that, that's an opportunity loss for them. Tom, what are the chances that somebody in the U.S., a political leader, is going to hear this idea in Australia and say, I think we need to do something like this in the States? Well, I think it's coming.
Starting point is 02:09:36 I think this is exactly the kind of anti-employer sentiment that comes from the left in the United States. Now first of all let's break it down. 281 hours. You know what that is? 5.4 hours a week. Five hours a week. So like one hour a day, one hour a day, like a half hour of text at lunch, a half hour of a quick response to an email in the evening. That's all we're talking about here. And they so what they do is they cleverly say it, 281 hours a year to make it sound like that. Watch for that kind of rhetoric coming from the left in this country to say, oh, employers are bad.
Starting point is 02:10:15 This is what the unions did to get union. Remember, there were two sides to unions in the United States before a lot of the worker safety laws and OSHAs inside factories and then after. Unions happened to get benefits for people to make factories safer as there was a moment of good intention. But once they were done, they weren't going to let go of the union dues that they were collecting from people and they had to make the employer sound bad. So what we're going to have in the United States, we're going to have people and I could
Starting point is 02:10:43 see AOC doing this. Your employer is bad, 281 hours a year. We're going to have people. And I could see AOC doing this. Your employer is bad. 281 hours a year that we're going to see it. It's coming to the U.S. because Australia is about a decade ahead of us on worker socialism. And I get lessons from Amy. She talks about what's going on in Australia, what's happening, the laws that happen there, how they actually abusively had secret police treating people during COVID. All of that's
Starting point is 02:11:08 coming to the U.S. if we don't want to get in front of it, and you are going to see laws probably coming from a Bernie or an AOC exactly like this. So you know what it is. I want to go into this last story and then we'll finish it up, the podcast. So you know who this hurts? You know who this law hurts that you can't communicate after 6 p.m.? Very simple. Let me ask the question. You ready? Does it hurt the new startups, or does it hurt the too-big-to-fill established companies?
Starting point is 02:11:35 Who does it hurt? Startups. Of course it hurts startups. So let me get this straight. In America, 45% of people, give or take, work for small business owners. What happens if you stop innovation and new startups from being created? Who are you helping? The bigger guys, the establishment guys. What they don't realize is what makes America great is startups. And
Starting point is 02:11:59 if you ever work in a startup, I had an HR meeting last week, and a big part of it was predicated based on this Starbucks move that happened last week. So Howard Schultz runs Starbucks. He's looking for replacement for CEO. He finds this guy named Laxman, who was a former 22-year McKinsey, and I think he worked as a leadership on Pepsi and a couple other companies, but he was a McKinsey consultant. They end up hiring him. He shadows Howard Schultz for a year. April of last year, he becomes the effective CEO of Starbucks. When he became the CEO of Starbucks, Starbucks was worth roughly $114 billion, give or take. So again, April of last year, that's 17 months ago, he, this guy Laxman, becomes the CEO, Starbucks at the time, is worth $114 billion.
Starting point is 02:12:47 Fast forward to the day he gets fired or replaced, whatever you want to call it. Starbucks goes from being a $114 billion company to a $74 billion company. They lost $40 billion during that time spent. Now watch this. When they interview this other guy named Brian Nicol. Brian Nicol was the former CEO of Taco Bell and a former CEO of Chipotle. Chipotle hired him and they took him away from Taco Bell in 2018. At 2018 Chipotle was only worth seven billion dollars. Chipotle, when he was
Starting point is 02:13:22 done and he went to Starbucks, that day Chipotle was worth $71 billion. He increased the valuation of Chipotle 10 times in six years. Wow. While Laxman cost Starbucks $40 billion. By the way, the day they announced that this guy's going to be the CEO of Starbucks, everybody was talking about how much Starbucks paid him. You know how much Starbucks paid him?
Starting point is 02:13:44 $113 million. Rob, can you pull up what they paid him? Over how many years? He got a $113 million contract, which I believe give or take $75 million of it is stocks. And everybody said, I cannot believe they're paying this guy $113 million, the annual salary $1.6 million, $23 million shared bonuses, you know, $3.6 million depending on performance performance and the rest of it is stock, right? Everybody's bitching about it. This is too much money to pay the guy You know how much Starbucks made the day they announced he's the CEO that day 20 billion dollars Starbucks paid him 100 million dollars Starbucks that they made 19.9 billion dollars
Starting point is 02:14:19 It means the market believed in that but let me tell you where I'm going with the story The former CEO of Starbucks is being interviewed on Forbes about schedule, and they ask a question about work-life balance. As a Fortune 500 CEO, look at the answer he gives. Go for it. Discipline about balance. If there's anything after 6 p.m. and if I'm in town, it's got to be a pretty high bar. Anybody who gets a minute of time after that, better be sure that it's important.
Starting point is 02:14:47 Because if not, it'll just wait for another day. I do schedule about 150 to 250 minutes of personal action. You can pause it right there. That's probably the reason why he got fired. You cannot be the CEO of a Fortune 500 company and your people are afraid of calling. Do you know what happens when you do that? You know what happens when you do that? You know what happens when you do that? So imagine you are the CEO and you said this to us.
Starting point is 02:15:08 Me, Rob, Amy and Tom are direct CEOs to you. Rob's the CFO because he's great with numbers. I'm your chief operations officer. Tom's your CTO and Amy's your CMO, okay? We try to get a hold of you after six o'clock. You're like, no guys, I'll talk to you tomorrow. Guess what we do with our direct reports when they try to reach out to us after six o'clock? Yeah, you, no guys, I'll talk to you tomorrow. Guess what we do with our direct reports when they try to reach out to us after six o'clock?
Starting point is 02:15:27 Yeah, you do the exact same thing. It's a triple down effect. Triple down economics. Guess what happens to the company in 17 months? You lose $40 billion of valuation, give or take. So this is the part that goes off of the Australia story of what they did where Australia's saying there's a fine if you reach out to people after hours based on what Amy said,, $19,000 up to $92,000, $93,000, but this is exactly why Starbucks
Starting point is 02:15:50 lost $43,000. You know what I find funny about this guy? What's his name or what was his name, whatever it is? So there's a 0% chance he got to where he is now by implementing that attitude. You don't graduate from wherever you graduate. Where do you go to school, Rob? I'm sure some Ivy League school and get where to go. Co-op technological university. One of the best universities in India. Everyone knows that one. And get to the point where
Starting point is 02:16:14 you're becoming the CEO of Starbucks after Howard Schultz and basically do everything you can. You're probably working the midnight oil, you're working, you're grinding. And all of a sudden you get to this position and you're like, let's implement socialism, guys. Let's get this work-life balance thing going on. It's like Mark Benioff. It always just completely bewilders me how someone who builds a company, a CEO, a founder, this is what we're implemented or around and surrounded by at BDC and the companies in the vault and all these people and these entrepreneurs and grinding and building the life of an entrepreneur. And then they reach the pinnacle and they're like, let's do the socialism thing guys. Like the one guy you interviewed who wanted to get everybody a
Starting point is 02:16:57 $70,000 salary. What was his name? Whatever it is, because you don't remember because the company's probably out of business. It's defunct. The reality is this. Most people are most people. If you want to be most people, go down that, hey, don't text me after six route, four day work week, 32 hours a week. Go for it, guys. But if you actually want to make something for your life, you have Dan Price, 70,000. If you actually want to make something for your life and actually be great or amazing or become a millionaire, you're're gonna have to text and respond after
Starting point is 02:17:25 Six o'clock eight o'clock ten o'clock this thing right here change the game Because not too long ago PBD you remember this 25 years ago. We were using beepers, bro 143 I love you Pat and now You can reach anybody say other numbers, but you went 187 on undercover cop. What do you want to do here? anybody say other numbers but you and 187 on undercover cop what do you want to do here? I mean I know you know I love the police. I know I know but the reality is this changed the game and now you could reach anybody anytime anywhere anyhow and whatever. Do you have any thoughts on the starbucks story? It's a tough situation. Yeah I think there's an irony here that was between the lines I love it I read deep down into it I got nothing to say about the the ex-ceo guy he said
Starting point is 02:18:04 enough by himself by his own words. He got fired for a reason He failed to lead he failed to keep the company growing and he failed to set an example for all those people fail fail fail You got fired. Okay, that's easy part, but Brian Nicol part of it. I was reading between the lines here Not reading between the lines. I was reading deeper than there is things between the line They so badly wanted Brian Nicolay says, listen, I got a place in Newport Beach, California. That's my home. I don't have 20 houses. That's where I live. I live in Newport Beach. And they said, look, we'll get you a plane, fly up on Monday morning, fly back on Thursday afternoon. You're late Thursday. Will you do that
Starting point is 02:18:37 for us? Will you be for four days here? And he said, okay, well, here's a plane. Well, it's going to cost them a ridiculous amount of of money per year and employees were already saying but what about our green initiative aiming to reduce waste and sustainable packaging go to coffee bean to which I'm gonna quote this I didn't see this but I think this was the letter from the board. We do have a green initiative. We need to make more profit. We're going to make some money here. That's the green initiative we're after.
Starting point is 02:19:10 Yeah. So listen, I was thinking about going, you know what we're going to do for lunch? We're going to have chipotle and some coffee. You promise? Starbucks. Yeah. No, I'm joking with you. But by the way, this is the cost of bad leadership, the price of bad leadership, and somebody that's, you
Starting point is 02:19:25 know, hey, I am so important. Who are you to reach out to me and all this other stuff? Anyways, so this is the first PBD podcast we do with Amy. By the way, guess what, guys? Amy is on my neck. Rob, if you can go to her QR code and just pause it, we'll pause it right there. So if you want to get a hold of Amy, something she said, if you're from Australia, I know who's going to message you from Australia. Our friend Cook is going to be coming to the podcast next week. Anybody
Starting point is 02:19:49 from anywhere, for what you heard Amy talk about today, you agree or disagree with, you're like, I disagree with what you said about this, or agree, send her a Manette as well as everybody else on here. Adam, myself, and Tom are here. There's one week left for the Manette contest. It's getting so flipping close, Rob. Go to the leaders bulletin. A couple categories going crazy. By the way, Ryan Montgomery, who was on the podcast last week, and he talked about all this stuff, the ethical hacker stuff. He all of a sudden zoom in a little bit. Number one is still Caleb, Pastor Caleb Altmeyer. Then he got
Starting point is 02:20:20 Lorenzo. Then he got Bryce Mitchell. But look at 4th place. This guy got 82 Manettes that he's gotten back to him, 32 reviews. The ethical hacker is at fourth place. Then you got the rest of the guys, and then go to middleweight. We got middleweight Martins at the top, but Cecilia's coming up. Ceci, we see you Houston. Hey Ceci. And then look at third place, Samuel Riley, fourth place, husband and wife duo.
Starting point is 02:20:43 Vrolo Tomasi is still on there. Tim Artam, good for you, Tim. And then go to heavyweight. Heavyweight, got Dennis Panev is up there. Candice is up there. Dustin is up there. And then Calvin, Rob, there's a competition between those three on who's going to get to 1,000 first, whether it's going to be Dennis, Dustin, or Calvin.
Starting point is 02:20:59 Looks like Dennis is on his way. And then go to the super heavyweight. Vinny's dominating that category. Then it's myself, Tom and Adam. And then let's go to the super heavyweight. Vinny's dominating that category. Then it's myself, Tom and Adam. And then let's go to the Manectors. You got Reese Queen first place, then it's Mark Cook and then Justin Beiler. And then if we go to last but not least, the newer people on the app using it, Chris Musgrove, user zero and Veronica Bollemaster.
Starting point is 02:21:21 It's going to be interesting. You guys are going to get recognized at the vault. Some of you guys will get a chance to meet The Rock and then some of you guys will come and have a private meeting with me. But go back to the Monecta QR code. Monecta folks, especially the first time we're on PBD Podcast, give her some love on Amy Dangerfield, officially here with us. Anyways.
Starting point is 02:21:38 Thank you for having me. Yes, this was great. Phenomenal job. You did very good today. Thank you. Take care everybody. We'll do this again, I believe, on Thursday. Bye bye, bye bye.

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