Escaping the Drift with John Gafford - Here come the Foreclosures in Las Vegas? The Power Move EP 10

Episode Date: September 10, 2021

Learn and burn Entrepreneurship from serial entrepreneur John Gafford and his band of mayhem makers. From stripper poles to the oval office, business lessons are everywhere. This Week:Bitcoin and El S...alvadorBitcoin MiningThe Market Crashing in Las VegasWe're #1Buying a probate home, BEWAREPictures with OJWhy I don't get invited to Murder Mystery partys anymore9/11Why we need an alien invasionWith Chris Connell and Colt Amidan

Transcript
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Starting point is 00:00:00 from the art of the deal to keeping it real live from the simply vegas studios it's the power move with john gafford oh it's it's another extravaganza of knowledge that's all I can say. Welcome to the Power Move. My name's John Gafford. With me, as always, Colt Amidon, not liquored up in the middle of the day. No, I'm training for my Olympic.
Starting point is 00:00:34 For the equestrian Olympic thing? He's power walking. That's it. Power walk. And Chris Connell, Esquire, with us, as always. So, start the show today. We're going to talk about a lot of things. We're going to talk about market crashing again.
Starting point is 00:00:46 I'm going to talk about Bitcoin as the El Salvador thing happened today. We'll talk a little bit about some bankruptcy laws that you need to be aware of in the real estate world, and just some other stuff. And what I'm going to talk about is, hey, we're number one. Is that horseshit, or is that real? Oh, yeah. We'll talk about that. So, first of all, I think we should talk about El Salvador, man, because if you didn't know,
Starting point is 00:01:06 El Salvador today made Bitcoin their primary currency base. They have this lovely plan where they're going to give all people that live in El Salvador a card or they'll give them a Bitcoin wallet where they give them the equivalent of like $30 US in Bitcoin. And now they are there. And so that happened today. The price of Bitcoin dropped 10% because of it. I don't know if those two things are correlated. If you know those markets, they are as elastic as elastic. They're more elastic than Stretch Armstrong. It's up and down,
Starting point is 00:01:34 up and down. But here's my thing. I mean, we talk a little bit about the internet. We talk about why you should never argue on the internet. And somebody that I know made a comment, and they were talking about how this was great for Bitcoin and this and this. Now, obviously this is someone that is very heavily involved with Bitcoin, probably heavily vested in it. God bless. And I made the comment, I said, this is going to be an absolute disaster based on the fact that it's El Salvador, right? And I said, you're essentially, you're giving them all access. So you're essentially turning all of these people into walking ATM machines is what you're doing. And I got this immediate kickback from this person.
Starting point is 00:02:09 He was like, oh, it's just fear and uncertainty and doubt or FUD as the Wall Street bets crew likes to call it. And you just don't know what you're talking about. I'm like, dude, this has nothing to do with Bitcoin. I'm not talking about Bitcoin. I'm talking about the fact that there's tens of thousands of people at the Mexico border fleeing the gangs of El Salvador they want to chop their heads off with machetes ms13 and you're and you're giving them all walking around where they have these these wallets and
Starting point is 00:02:34 he's like no no they would just be able to trace it by chase i'm like dude they can't control people from getting their heads cut off and you think they're going to chase 30 dollars worth of us dollar bitcoin it makes no sense. That's people, you know, we talked about that the other day, John, but people that don't travel,
Starting point is 00:02:48 don't have perspective on stuff. You go to these places. If you've never seen a South American favela, then you don't know what poverty looks like. Or you've never been to, you know, Moshi Tanzanian, seeing people living with one piece of metal as a,
Starting point is 00:03:02 as a, as a door for their home. Literally that's their home to this day seriously you should get a t-shirt that says this because that's the greatest thing you've ever said when you said i've never seen a well-traveled racist yeah that they choose to see the world beyond their own television right no i mean you know what hang on because i didn't do it then because i didn't do it then yeah there he is we're still on the old sound we need i got nothing yet i got i got nothing worth having so i gotta get back to it i go to it Yeah, there he is. We're still on the old sound. We need, can anybody send me an E-A-N?
Starting point is 00:03:25 I got nothing yet. I got nothing worth having, so I gotta get back to it. I go back to what you were saying. But yeah, no, it's just one of those things where, it's like you don't understand the abject poverty that people are living in. You don't understand what they need to deal with. That's not to say they don't live interesting,
Starting point is 00:03:38 fruitful lives in their own way. Sure, right. But you can't do things top down a lot of times. They have to have it be done in their own way. There's a lot of people that, you know, in some Salvadorian fish market or something, Bitcoin wallet, I'm supposed to go on the internet and go to a cafe? No, that gentleman over there with the face tattoos,
Starting point is 00:03:56 just go see him and he's going to help you out. He's going to make that go away. He's not going to enrich himself on you guys being handed out some government inflationary card with 30 bucks on it. And it's funny how, going back to the original guy that was arguing with that, you weren't arguing against anything he was saying. No, not at all. People get so defensive on the internet so quick.
Starting point is 00:04:19 I think people in life, even in business, if you bring up something, people just go into defense mode anymore. And, yeah, it's a bad thing to always just be on the defense. Well, it's the Dunning-Kruger effect. It is. People have to, you know, they fall so in love with their own thought process, they have to do anything to protect it. And me, I won't take positions.
Starting point is 00:04:37 Who was that? Ben Grant said, oh, you're a flip-flopper. You've changed your opinion on this political matter. He goes, it's because the facts as I know them have changed yeah yeah or like of course i've changed my opinion the facts are different now or what an idiot or one of the beastie boys once said when they called him a hypocrite for his changing his stance on women he's like i'd rather be called a hypocrite than never learn and grow anything right right yeah i think it's a weird thing and but we do that in america we have this thing where you need to be the same way that i think of and remember
Starting point is 00:05:04 you at the time like when when trump got booed for telling people to take the vaccine yeah it's like well wait a minute that's not a guy maybe his information's changed you don't know what's going on but if the information's changed why wouldn't you change with it well because because people wrap their identities to their beliefs if their beliefs change it's going to damage their identities which causes a problem yeah dis, dissonance. Yeah, it completely causes that. Yeah, the Bitcoin thing in El Salvador, I find it interesting that
Starting point is 00:05:31 you have a young politician, he's a very young guy, he's trying to be innovative, and I understand. I think it's interesting to shake it up a little bit. And what's the El Salvadorian peso? I mean, I don't remember what it was. What was it tied to before? It was the American dollar that's going to face probably hyperinflation. We need like a fact checker in here.
Starting point is 00:05:49 They can work the Google machine. It's not too bad. We need like a chip. Chip, chip, what's that? We can just kind of glance off Canada over here and just chip. What is that? Is that true? Is that true?
Starting point is 00:06:03 So there's a lot of people out there that feel mostly libertarian bent that want to go back to commoditizing their money or having a gold standard or something like that or a consumer basket. I think that if you did it with a Bitcoin, I'm not a Bitcoin guy. I own zero Bitcoin because I'm an old man and I'm just not moving with the times, I guess. But it does at least, if you tie a currency to a store of value you're gonna have ups and downs but at least there's something about it so you can't just print bitcoin well see that's see that my friend is where you're wrong because you can't just print it but but the mining of it it's like 80 some percent mind okay so there's a kid that works for me named durham and he comes in and he's had some family issues over the last year. So I haven't
Starting point is 00:06:45 seen him a lot. And he just kind of came back in the other day and he said, this is what I've been doing. And he's been mining Bitcoin and Ethereum. And he's like, I'm going to get you in. And I said, okay. So, okay. So if I tell you how complicated on a scale of one to 10, do you think mining Bitcoin would be? If I just, you know, nothing about it. If I knew nothing about it, I would think it was some big process where you have all these. What about you, Colt? What's the process? I would say it's 10, right? Okay. This is what the process for mining Bitcoin is. You ready? You order this box. It's a computer. They're very expensive. All right. The more expensive they are, the more expensive the components are. All right. They're very expensive. You send it to a data
Starting point is 00:07:22 center. All right. You don't even have to go there. You literally have the computer mailed to a data center. You say, plug it in, hook it up to the internet, send me the IP address. That's it. I mean, that's still looking at about eight, John. I mean, I'm from 10, 10, 8. It's still a 10. Cole's like, not an IP. Not an IP.
Starting point is 00:07:45 Yeah. Cole's like Jason Bourne where he's like slipping in computer servers. No. It's still a 10. It's still an IP. Nine and a half. So it's like Jason Bourne where he's like slipping in computer servers. No, no, no, no, no, no, no, no. How many people do you think know how to find their own IP address? No, but you don't need to do that. You call the data center and say, tell me the IP address of the machine. You link the IP address to your wallet, and that's it. You just let the machine run. So you know what you're talking about John
Starting point is 00:08:05 I do no no, but but I didn't until I talked to somebody that did if you told that to my dad Third word out of your mouth. Yes lost by black box Okay, that's part of it I mean, oh great I'm gonna piggyback on this guy's deal these boxes the ones the ones in the more expensive the box, the more efficient they are. The more efficient they are, the better they are. Because how you figure out, and there's a website that will show you every machine, really, that's a Bitcoin miner that's out there running. And it shows their efficiency levels.
Starting point is 00:08:34 He pulled up the site. I looked at it. And I was like, okay. He's like, see, these are more efficient. They take less electricity. Then you find a data center based on how much they sell you, a kilowatt four of electricity. That's how you're going to gauge your profitability as machines. He's got the machines that he's turned me on to that are coming out here in the next,
Starting point is 00:08:52 it's supposed to be out in November. They make, they're going to net about $160 a day. I got a buddy that's mining Ethereum, makes $10 a day. Well, Ethereum's different. It's way less. It's way, way less. And his machines are prominent. These machines are like $18,000. Well, Ethereum's different. It's way less. It's way, way less. And his machines are prominent. These machines are like $18,000.
Starting point is 00:09:09 They're not cheap. Wow. So I'm like, all right, I'll go in for X amount of machines and put them up there. And you plug them in. And you're really, like anything else, all of these, it's like the NFTs we talked about. It's a lit fuse.
Starting point is 00:09:21 You know what I mean? It's like you're basically investing in something that, can i earn my entire investment back before this thing implodes right and at least with the and the thing i liked about this was the components of this box as it sits even if it gets obsolete for its current use the the box itself is still worth three to four thousand dollars just with the components cobalt and lithium all of the stuff that's still in it you're still looking at that much to resell this so uh yeah i'm gonna do some i'm gonna do some bitcoin mining here in in november uh just as a different business i mean like i said there was
Starting point is 00:09:52 an article we talked about last week about those two kids that were mining ethereum that were making you know 12 grand a month or whatever they're making it just the way that people are making money right now is just insane there was a there was a tweet that came out. I don't know who said it. It wasn't, it just said a guy made a $1.26 million for holding a crypto punk NFT for 20 minutes. And then he said, after that, he goes, if you went to business school or any type of an economist, your head is just, you have no idea what to think anymore. Like you just have absolutely no idea what to think in the modern. Well, that's because you talk about investing versus speculation and gambling. And I'll always fall back on that.
Starting point is 00:10:29 And I like it. I like that people are out there gambling. That's how innovation happens. They're out there speculating. But an investment is something where you go, okay, you have a calculable return. There's some going to be speculation on how it turns out, right? But to say like a lot of times that has to do with what's what's currying favor what what um and i always go back to beanie babies because there was a moment just like that that
Starting point is 00:10:50 you could have sold these beanie babies for a ton of money so if you're on the upside of the beanie baby you're good if you had brie x at the right time if you had enron at the right time everybody made money like 50 49 of those people made money that's what people don't realize that up until this half of the hill people have done well people made money. That's what people don't realize, that up until this half of the hill, people have done well. People have made money. Made a lot of money. It's just about getting – I mean, dude, I killed it on AMC.
Starting point is 00:11:10 I just got out early. Yeah. I have no idea what it's trading at today. I think it might be back in the 40s. I don't care. I had to run up to 70. I was happy as a clam. Sure, sure.
Starting point is 00:11:17 Gosh, I think I'm gone. And the guy that bought from you at 70 and sold it at 65 is the guy that lost. I lost. Yeah, for sure. And I think it's anything like that. There's always that. That's just what it is. That's the type of stock. Because it's kind of the guy that lost. That lost. Yeah, for sure. And I think it's anything like that. There's always that. That's just what it is. That pump and dump type of stock.
Starting point is 00:11:26 Because it's kind of zero-sum. Yeah. Because you are, it is a zero-sum game, right? You are getting, whoever's buying on the back end is losing on the front end or whatever, however you want to do it. I think it's just, I think, well, I think, what were you going to say, Colby?
Starting point is 00:11:37 No, I was going to say crypto, it might not be a zero or nothing, right? Like, 10 years ago, if we were having this conversation, people were like, what the hell are you talking about that? I think that in we 10 years ago if we were having this conversation people were like what the hell are you talking about that i think that in another 10 years i think i mean el salvador to make that their currency did you pick up on did you pick up on the for those of you listening we're really cold appropriates the spanish culture
Starting point is 00:12:00 we're sorry sorry guys sorry didn't mean to but i mean look if you're gonna cancel us i think that but i also get like the nfts like i saw a meme that i sent to him the guys looking in the mirror says you own that jpeg right and it's but again it's that pump and dump type of stuff like mark walberg and uh bo Nights? You're a star. But there's money to be made in that. There's money to be made in all of that. Trading baseball cards. But I just don't know what's going to make
Starting point is 00:12:34 the dragon in it. Well, here's the thing. It's making me rethink my investment strategy a little bit. Because my investment strategy has always been about 50-30-20. And what I mean by that is 50 is relatively safe return. I know that i'm going to be able to pull six percent out of it it's just gonna it's gonna turn that way 30 is higher is higher risk and then 20 is i mean the wall yeah yeah i'm throwing this the wall maybe it's where i put my yeah you never
Starting point is 00:12:59 know big swings it's big swings and i think that you know you got to take big swings to make this work but now with with the speed at which things are happening and this is the stuff that keeps me up at night i literally i sit there and so if you're if you're at home trying to figure out the modern economy don't feel don't feel bad i think it's a lot of us and uh and i've really thought that i've rethought that i've said man i've got to get to a point where you know i'm taking bigger swings it's going really now 50-20-30. I mean, 50 is going to always be kind of that moderate. I know what I'm doing.
Starting point is 00:13:30 It's tough. I know what I'm doing. 20% now is going to be a little bit riskier, and then 30% is going to be high risk because the upside is so much higher now than it used to be. I mean, a risky stock in the stock market, I mean, a risky stock is, you look at a risky stock, like right now, if you were to buy Tesla, which I find Tesla to be a risky stock,
Starting point is 00:13:53 it's not gonna double in the next 12 months. These Bitcoin mining machines, they'll be paid for on the estimates for time in 5.6 months. I'm gonna double my money in 12 months, and they're good for four years. And it could stop tomorrow. They could stop making, bitcoining, mining, a thing. But it's a higher risk.
Starting point is 00:14:13 But the upside is phenomenal compared to what it was. Yeah, yeah. Those opportunities are going to exist. And I don't know if that just means that things are just inflationary or that that's what's accounting for all that stuff, there's a greater supply of money. I don't know what it is. It just seems relatively greater or whatever,
Starting point is 00:14:30 or there's definitely, there's definitely more money. There's definitely more money. It's being allocated as well. See, and I was, I'm a little bit young, so I don't remember the,
Starting point is 00:14:39 uh, the nineties internet craze, but it kind of feels that way where so many millionaires were made. So that, that four years of just the internet, I started a.com. Yeah. And it feels like it's almost that type of a,
Starting point is 00:14:54 an era where you, you get in, you're going to make a lot of money, but it also could end. Well, and who knows, you know, you know,
Starting point is 00:15:02 what's funny is that brings me to my next point, which is, you know, and I made my internet challenge, and I love my internet challenge where I said, any of the prognosticators that say that the real estate market here is going to crash in Las Vegas, let me know. And I see a video, and somebody commented on our video from last time saying there's factors that we weren't taking into account.
Starting point is 00:15:20 That's what they said. There's factors you're not taking into account. And I'm actually probably going to title this segment, The Market's Going to Crash, is probably what I'm going to entitle it. So if you watch this, ha ha, I gotcha. The reason I'm going to do that is because this dude posted a video on Facebook, or on YouTube, and the title of it was Las Vegas foreclosures are coming, which is a heavily searched keyword because people are like, of course, the market's going to crash. We're going to get all these foreclosures. And this dude went through, and he went through a very organic evaluation of the market in a way that economists probably
Starting point is 00:15:54 have been doing it for a very long time. And one of the matrix that he leaned so heavily into was job creation in the market. That's what he was really leaning into, saying, there's not a lot of high-paying jobs being created in Las Vegas. And's what he was really leaning into, saying, you know, there's not a lot of high-paying jobs being created in Las Vegas. And my first thought was, obviously, this is a dude that does not live here. And my first thought was, and I bet him in the comments, of course, I said, I'll bet you $10,000 right now this doesn't happen. Like, here's my info. I'll bet you 10 grand. I mean, he didn't respond. Shocker. But the one thing he would, like, we all went to this party. We all went to that event where I spoke.
Starting point is 00:16:26 Crypto Mafia. We went to that deal. And how many of those kids in that room that were millionaires, how many of them have jobs that you would see on a jobs report? None of them have jobs. Not one of them has a job that you would see on the job report. A couple of them were agents. Right.
Starting point is 00:16:41 But what I'm saying is there is a shadow economy being created through the internet, and all of those people are flocking to Las Vegas. Yeah. Tax savings. Well, because, I mean, it's cheap to live here. It's relatively inexpensive. There's no state income tax. There's all these great reasons to do it if you are wealthy to come here.
Starting point is 00:16:59 Objectively good reasons. But I'd be cautious to think that there are a lot of great paying jobs being created in las vegas insofar as how people think of jobs so you're right right but we do hang out with or we we're around people that are probably more likely to do it so if you were to go into maybe a different neighborhood maybe they wouldn't they'd go yeah there's no good jobs nobody i know is having money my neighbors are having greater problems. You know what I mean? I always do that. I always think, well, this is happening in my experience realm. Yeah. In my realm. Oh, everything's kind of looking great. But my, my point was this, which is the economy has changed. I mean, like,
Starting point is 00:17:40 like this, I mean, in a light, the way, if you look at how people make money, the amount of money they're making, where they're making their money, how they're doing it is moving so heavily to online. Some of these traditional metrics that you use to gauge things are out the window. You're totally right. And so this guy trying to use, it's essentially trying to use 1999 math to solve a 2031 problem. And it just, you can't. Well, to your point to employers are starting to realize that they can have people work from home and exact same productivity. And now they don't have to pay for them. They're asked to sit in an office.
Starting point is 00:18:12 So they're there. So their, their employment might be in Silicon Valley, but their residence is right here in Las Vegas. I mean, there's just, you can't, you can no longer gauge those things by the,
Starting point is 00:18:23 by this old type of, of metrics anymore. It just doesn't work. And I think Vegas has kind of always been that way. But I think we've created a lot more quote-unquote normal jobs in the last 10 years that we didn't have before. Like, there is a, our economy has diversified over the last decade agreed tremendously so i think that vegas has always been that yeah maybe you the guy on paper shows he makes 40 grand or 50 grand but you're not taking in fact that he's taking another 40 and tips or
Starting point is 00:18:57 you know you got these nightclub kids are making 150 000 but paper on, if you're looking at it, they're $20,000 a year workers, you know? So I think there there's that aspect of it, not, not including the, what you're talking about, that dark, dark, you know, internet money. Well, not to mention every single business, it seems like I go to is short-staffed every business. Yeah. There's no shortage of jobs, not whether they're good paying or not, whether that's different. I mean, the unemployment benefit thing ended yesterday. Kansas unemployment ended on Labor Day. Oh, man, did Cruz get smashed for that?
Starting point is 00:19:29 Did you see what he said? Did you see what he said? No, I didn't. I missed it. What did he say? He said, get a job. Get a job. He got smashed for saying essentially the solution to what he's having.
Starting point is 00:19:39 Yeah, I find that that's the thing about the Internet when you go on certain things, depending on how you lean politically. I see a lot of sea change in the way that young people talk about employment, and I'm cautious because I'm a fairly center-left-leaning person in general, and I think that, yeah, it's better when people have good jobs and support the middle class. I like a strong middle class in my economy. A lot of young people, comments, and I'm talking about thousands, not tens of comments, about how employers are all
Starting point is 00:20:13 thieves, capitalism's theft, this concept that my job owes me something. To me, I'm just a bit more free market about it. I go, well, I have a business yeah i pay my employees well in my business but i if you come up to me and you it's a ten dollar an hour job and i offer to pay you ten dollars why are you mad at me well like you know like we said before not all jobs were meant to provide a living wage sure like 16 year old kids have to have somewhere to work because they just want to get a car that's the right i think you can maybe have a step up in wages and i understand that i i love and respect the fact that there are people doing these jobs and I don't look down on them because it's necessary for an economy to have all types of levels. Not everybody can be making $100,000 a year. It just doesn't work.
Starting point is 00:20:56 Well, and here's the thing. People talk about, you know, they talk about, well, there's this guy in particular because I watch his video. I mean, I didn't just like smash him and say, I'll bet you 10 grand. I mean, hey, man, I'm not perfect. Teach me something. Show me something that's correct. And like we talked about earlier, people are unwilling to back off their position. I'm totally willing to back off my position if somebody shows me something that's real.
Starting point is 00:21:17 But some guy from 400 miles away is going to tell me the pulse of this market that I work in every single day? Like, no. It could be completely out of hand. And the worst part is this dude gets 40,000 hits on his video because of the way it's worded. Sure. Because he's telling people what they want to hear. Yeah. They don't want to hear the truth.
Starting point is 00:21:35 They don't want to hear that that's not real, that there's tons of money. That's the majority of people. They don't want to hear it. What they don't want to also hear is there will never be a glutton, if you will, a glutton of foreclosures because the hedge funds will buy them up because they want to turn this into a giant rental market. I was going to completely mention that. So there are a lot of things that have completely changed because there's so much money available. So much money. If this time comes around with the foreclosures, as you mentioned, the inventory won't sit there on the market.
Starting point is 00:22:02 No, not at all. It's just going to be decimated. And the pricing would be exactly the same as it is today. It's't sit there on the market. No, not at all. It's just going to be just decimated. And the pricing would be exactly the same as it is today. It's not going to change the pricing. I think that we didn't touch on this the last time, but there was something to be said that banks didn't know what they were doing back then. Yeah. Me and you both handle a lot of bank stuff,
Starting point is 00:22:23 and I think that banks had not a clue what they're doing, got into being property managements and I really, they realize how big of a shit show that was. I mean, being property management, asset managers that I think banks are going and say, do you know what? Like everybody's just flooding. It wasn't really that banks were taking everybody's properties. A lot of times people were handing their keys. Oh, for sure.
Starting point is 00:22:45 They were like, I'm done. But again, people have too much equity. Equity doesn't get foreclosed on, guys. It just doesn't happen. They're going to do a workout to figure it out. If there was a negative spiraling, it can get out of spiraling. That's what I'm talking about. If prices drop past points of equity.
Starting point is 00:22:59 But it wouldn't. Because again, the hedge funds are still cash heavy into their assets here. They're going to protect that position by dollar cost averaging into anything else they can gobble up. They're still doing it. Yeah, I think that's my problem with it, though, I think, is that there's going to be a lack of individual home ownership, possibly. Oh, no, that's for sure a problem. That's already a problem.
Starting point is 00:23:23 You're going to create a town full of renters. A thousand percent. That's the goal of the hedge funds because here's the problem. for sure a problem. That's already a problem. You're going to create a town full of renters. A thousand percent. That's the goal of the hedge funds because here's the problem. Here's the problem. And a lot of people don't understand this. Hedge funds don't need to make a cash-on-cash return. They need to make an ROI return. They don't care if they're cash flow positive.
Starting point is 00:23:39 As long as the ROI and they can continue to drive the market, they're fine. As long as they can continue to lever against those assets because the value goes up, they're fine. They're not looking like mom and pop HGTV investors that want to make a six to 7% cap rate. That's not what they want to do. Yeah. They have a different economic reality. Totally different. If you say cap rate to a hedge fund guy, they will laugh you out of a room. Yeah. They don't care. That is-
Starting point is 00:24:02 On a private resident, but in commercial spaces, they will. They don't. They don't talk about cap rates. They talk about just IRR, stuff like that. You'll never hear a guy say cap rate. That's how I know how big of an investor is. I need this IRR with a five-year, seven-year hold or whatever. IRR, internal rate of return.
Starting point is 00:24:19 Well, they'll have programs. Like, they'll have things. They have internal criteria. Yeah, I can tell. I can tell. Like, cap rate is still just one of those things it's a generic simple way to just throw stuff out but yeah you'll sit there and you'll watch these guys that went to the what was your seminar you said last time joe's joe's home seminar that they saw and paid 200 bucks for they'll come to me and
Starting point is 00:24:39 show me shaky jakes it's always shaky jakes They'll come to me and show me. Flip your home seminar. Yeah. Oh, I'll buy $20 million worth of stuff, and they'll show me one page document of their returns. It's like, all right, if you're really going to spend $20 million, you're going to show me 15 to 30 to 40 pages of stuff. And you can tell there's that. But especially in a market, people always try to talk the Vegas market and don't live in Vegas. And you have to live in Vegas to understand Vegas on all aspects of all aspects i totally agree people people don't get here's the thing
Starting point is 00:25:09 i would never sit here and talk about the real estate market in houston texas yeah i can look at some stats i can look at some math houston's gonna fail john and here's why let's get some i would never make a decision yeah news it next day, Houston's market crashes because of what I said. John's on the podcast. John Gafford crashed the Houston real estate market. No, but I would never even dream of making a call on that without talking to a local expert in that market. And I damn sure wouldn't go on to make a video. So you know this as well as I do, though.
Starting point is 00:25:41 There's a lot of people that are great realtors who do their job to put in the work. And then there are people that claim to be experts who are full of shit and have absolutely no reason to feel the way they do about it other than just repeating shit they heard from their broker or their buddy or whatever. That brings me to another thing. Another interesting thing I saw this week, which I thought was funny. Uh,
Starting point is 00:26:00 Ryan Stumann, who's in one of my mastermind groups, um, the hardcore closers, check them out if you don't know who he is. Ryan, we're not saying he goes, all realtors have to say they're number one. Like, what are you gauging that against? And I can tell you, like, for us, like, we do have signs around town saying number one in luxury.
Starting point is 00:26:18 And this is what I base that on. I base it on we have the highest average sales price of any large company, which tells me we sell more big homes than anybody else. Do you think the next guy is going to go the way, we're number two? No, because exactly. He's going to be like, we're number one in customer experience. Yeah. It's totally subjective. But, yeah, everybody has a we're number one.
Starting point is 00:26:38 And the point is, the question is, does it work? Do you think it actually works? I think it works for us. I know it works for us. I know it works for us. I think there's a lot of people that if that's, if your marketing is going to hit them and in general, it's not going to be word of mouth. It's whatever it's going to be.
Starting point is 00:26:52 They look at your advertisement and that's, what's going to turn them. Right. And they go, you're number one. That's, I just needed to hear that. Yeah.
Starting point is 00:26:59 Why? I don't know. I just didn't know. Do you look like your number one, especially people that are not maybe educated in whatever it is right number one great you know and i think we talked about you know why just solds kind of work a little bit just to give that yeah i know what i'm doing branding yeah but that number one you see that on everything and to me again you can the same car dealerships will say
Starting point is 00:27:23 we're number one right and it's like well we're number one in the guy across the street's number one yeah everybody's everybody's voted something it's like you know voted for your buddy one guy voted for you so you voted you know this group or whatever it's it's all horseshit it's it exists because people like to feel the comfort that oh this person's out there somebody cares about them whatever yeah it's like to feel the comfort that, oh, this person's out there. Somebody cares about them, whatever. Yeah, it's like Tommy Boy who says, well, there's a guarantee on the box. There's a guarantee on the box.
Starting point is 00:27:49 It's a guaranteed piece of crap. Shit, my God. Yeah, but it is. It's exactly the same thing of just being able to say that it's what it is. But I think if you have a stat up, I think you should have to be a little clearer about what why your number yeah and i think on your marketing if you're doing marketing if you can show us that yeah what you're saying that will i mean if somebody sent me a mailer with like i'm i get
Starting point is 00:28:17 this in my neighborhood all the time number one in your neighborhood and i'm like no you're not you're not no but if someone said I'm number one, I've sold X amount. You know, we have a guy, Eric, that he owns a neighborhood and he can truly say he's number one in it and he can show the statistics. I think if he shows statistics,
Starting point is 00:28:35 it's a great marketing. If not, yeah, you're going to get something. He got recruited by another company and the person that owns that company lives in this particular neighborhood. He sold 127 other homes and that person owns that company lives and it lives in this particular neighborhood oh yeah he sold 127 other homes and that person is 103 and he's like well you know if your broker can't even close deals in her own neighborhood yeah why am i gonna come work for you yeah um yeah that yeah to that exact point it's i was just trying to find a way to tell you
Starting point is 00:29:01 i could stick my head up a cow's ass to Get a look at a butcher and a butcher's ass. No, no, not quite it. Wait a minute. Not quite it. Yeah, but that number one in whatever for people, it does give some kind of sense of thing. And so it's a valuable marketing thing or branding. I should say branding.
Starting point is 00:29:20 I think if you're going to use any type, I mean, look, I can find a stat in anything to justify something. And I think you should use stats to justify your performance in the marketplace. Figures lie and liars figure. Well, sure. And if you're newer in the business, especially real estate, you're going to work for a company, leverage what that company is. Don't go out on your own. It's better to leverage what you do and be able to use the company.
Starting point is 00:29:43 I always tell people, brand yourself, but leverage us. That's what I tell all the agents that work here, because I want them to brand themselves, because again, I think we have the best company in the world. If we didn't, I'd shut it down. But also, I could get hit by a truck tomorrow, and the place could go to haunt a handbasket. So you need to create a brand around yourself,
Starting point is 00:29:59 but leverage the company that you're with to create more sales. So we're going to take a quick break real quick. When we come back, what are we going to talk about? We're going to talk about the random Peloton shirt in my office. I don't know. Yeah, we'll talk a little bit about bankruptcy law with Attorney Chris Connell and something goofy you might want to look out for if you're thinking about buying a probate house.
Starting point is 00:30:17 We'll be back in just a minute. Hey, it's John Gafford. If you want to catch up more and see what we're doing, you can always go to thejohngafford.com where we'll share any links that we've things we talked about on the show, as well as links to the YouTube where you can watch us live.
Starting point is 00:30:36 And if you want to catch up with me on Instagram, you can always follow me at thejohngafford. I'm here. Give me a shout. Oh my God, that's a power move. That's a power move. That's a power move. That's a power move, kid. Back for part two of today's show.
Starting point is 00:30:51 Man, I got to tell you something crazy that happened. This is crazy. Crazy, crazy. Got to go fight it. And this is nuts. So we had a client, and it was one of our buyers for one of our agents here went into escrow on a probate property. All right. And the property was listed for 319,000 needed a little bit of work. He goes into, he goes into contract for $299,000. All right. This is a guy doesn't
Starting point is 00:31:21 have a lot of money. You know, some iffy stuff with the loans, can't quite get it done, gets the loan done and needs an extension. Gets to the end of his period, asks the seller to give him an extension. The attorney says, no. They kick his deal out, keep his earnest money. All right. Which, you know, I get it. Hey man, you said you were going to get it done. Seller does not have to grant you an extension. I understand that it's all well and fine. It's good. So the guy loses his money. Explain to him, Hey man, no fault, no fault of ours, whatever. It just is what it is moving on. So about, then I get an email from the attorney saying, Hey, uh, we've liquidated the property for less than your purchase price. We're going to seek damages. I didn't even look into this.
Starting point is 00:32:05 I was just kind of like, man, I just said, man, I've seen some shitty money grabs from attorneys, but this one takes the cake. I think it was my response. Sent it back to them. And anyway, so tomorrow there is a hearing for this attorney because apparently they turned around and sold it to a flipper for $260, which was way below market value.
Starting point is 00:32:24 Way below market value right way below market value and now this attorney this probate attorney is chasing our old carl buyer client for the difference between the 260 sold and the 299 he was a real g in contract with plus attorney's fees is what he's chasing our client for is that on a nevada apparently that well no no no no it doesn't matter apparently that is part of the nevada bankruptcy code now it brings me a lot of things like equitable powers under 105 oftentimes prevent that because it's on that that to me i would see being a very unjust sort of action especially it depends on sort of how they would have to prove up the damages. Yeah.
Starting point is 00:33:09 I don't think it's just damages, like I can liquidate it for a dollar and then sue you because it's contract was canceled. Well, that's essentially what they did. Yeah, but there has to be some stocking horse bid. You have to understand all the evidence that goes into that, I'd say. I mean, well, the hearing is next Wednesday. We're going to take a look. But, I mean, the reason I'm saying that is because honestly,
Starting point is 00:33:27 I mean, we've done, I mean, we do, we do 5,000 transactions a year here. And unfortunately, as much as I wish I told you, I knew everything about anything. I don't, you know, I look it up as it comes along. And when I heard that and I realized that these guys are using, you know, an obscure piece of, of, of statute of statute legislation to go through this. I was like, wow. I mean, we've had tons of deals. It was probate or bankruptcy? Probate.
Starting point is 00:33:50 It was a probate. She said it was under bankruptcy code, though. Sorry. What did I say? I'm sorry. That's what confused me. I didn't know if that was. No, no, no.
Starting point is 00:33:56 I'm sorry. This is all probate. This is not bankruptcy. Probate. Okay. My apologies. This is a probate case. Equitable powers under 105.
Starting point is 00:34:01 Please don't go to court and cite equitable powers under 11 USC subsection 105. Chris Connell is not going to really get you anywhere citing 11 USC subsection 105. He's working with what he's got, which is bad information for me. Terrible information for me. The probate code, that is interesting. I've done some summary administrations in probate. I haven't done a lot, but I do know that you can apply for attorney's fees for a lot of stuff i don't know what that contract is but it probably wasn't under a
Starting point is 00:34:29 standard uh galvard right no no no no no what no it was it was standard galv i was a standard what's it's lvr now not galvard anymore it's no longer the greater las vegas association realtor is just las vegas realtors so us henderson folk are just kind of out of the cold but that was what i had nothing to do with. When did that change, by the way? Like a year ago. Really? They wanted it to be simple.
Starting point is 00:34:50 So it was like a year ago they changed that. But anyway, yeah, it was a standard LVR contract. On the addendum, it said that this contract is subject to all of, and it stated the probate statute in an addendum. Wow. Wouldn't it, for damages like that, where you put your toes in crocodile infested waters. Yeah.
Starting point is 00:35:08 I mean, I just, I think it's, but I just think it's a, uh, when he, dude, this is a guy.
Starting point is 00:35:15 Okay. A couple of things, a couple of things about this. Number one, this is a cat that, that if he had finances, he wouldn't have not had his loan come together. It's not like he just slow rolled him
Starting point is 00:35:25 and decided not to buy this. Okay. So first off, here's the thing. Sue away, sue away, get a judgment, get an order, and then try to collect it. First thing. That's the reality of judgment. Maybe we've talked about this on the show. I can't remember. My go-to is this. There is no justice for basically under $30,000. And there's justice for those who have money over that right so if you don't have anything this the world the justice system doesn't apply to you it applies to you at a criminal level because you get into it you can't get out of it yeah but on a business or financial side swing for the fences if you have nothing to lose and i don't mean be fraudulent but if you don't have anything i've gotten quarter million dollar half million dollar judgments for
Starting point is 00:36:03 people and just light them on fire. They're worthless. Cause there's nothing to get on the end of it. It's like the, what was, uh, and Nicole or not. And Nicole OJ,
Starting point is 00:36:14 they'll never get what they were, what they were. But one day, I'm not Anna Nicole. I'm OJ. No, no, not in the cold,
Starting point is 00:36:23 but, uh, you know, their whole family, whole family got all that judgment. The Goldman family. Got all that judgment. They'll never receive. They'll never get a penny because he's hiding it.
Starting point is 00:36:34 He's got people he can duck and whatever. Maybe he gets caught. But here's the other thing. He's probably got homestead protection. Colt brought it up. Let's talk about it. Did he kill him? No. Oh, God. How do you feel? Because Oh, God. Jesus.
Starting point is 00:36:45 No. How do you feel? Because this is a thing in Vegas. He very much so murdered those two people. I know. No. But it's a thing. It's not controversial.
Starting point is 00:36:53 No, no, it's not. But here's the thing. When I see, and I've seen some young guys that I know in town that mentor whatever, and OJ hangs out in Vegas. If you're not listening to this, he's hanging out. People run up to him like he's some fucking and then yeah like he did beat his wife and then and they run up and they're and they take pictures like it's like it's funny to get pictures with him and it bothers me when that happens so so i've did i did this one time and i i regretted it just because of how it looks on me but somebody posted a picture of their picture with oj and i posted underneath it the two bloody photos of ron gold and nicole brown
Starting point is 00:37:30 simpsons massacred bodies as they were found in police crime scenes like that's who the fuck you think yeah that's cool that's funny so do you have a kid you have a daughter do you have a mom would that be funny to you he so here's the thing. This is going to sound really stupid, but if you shoot somebody like Lee Malvo with a sniper rifle from 1,000 yards away, that to me is far less sickening than literally stabbing somebody with a knife repeatedly times face-to-face. That's just the reality of,
Starting point is 00:37:56 that's why war is difficult for snipers and drone operators, right? But this man took a knife and he brutally murdered two people and left their bloody bodies there. And his DNA was all over the place. And just unfortunately, he found the 12 dumbest people that don't understand how DNA works.
Starting point is 00:38:13 Anyway, we'll get off that. Aren't you guys out of the process? Thanks, Colt. Ran over, but no. Colt's just bringing the strong content today. Let's talk about the juice. We were golfing the other day at my club, and there was a glove with a T in it with a note from OJ that says,
Starting point is 00:38:31 if you find this glove and the glove don't fit, I'm on another course. Shut up. That's not real. I found it. This isn't like, oh, my brother. And you think OJ really did? Absolutely. I think he played ahead of us.
Starting point is 00:38:45 And I was sitting there thinking, why is this guy here? Who allowed this guy to come to my private? He should not be welcome. No, not at all. Just because the justice system didn't find you guilty doesn't mean the fucking universe has to forgive you. Well, take away the murders. He was a wife beater, right? He was a wife beater.
Starting point is 00:39:04 To me. and he went to prison anyway people got upset so we're having cigars he walked into a cigar lounge and i'm like get his ass out of here and people got mad and i said it so he could hear it then they were ordering some food i said don't give him a fucking knife like i was just making smart ass comment and people were getting mad people were getting mad i'm like you guys think this guy's this guy's a piece of shit piece of shit like he's a piece of shit i will go on record right now fuck that guy yeah but back to the uh comment for the probates i don't know sorry you're winding me up just because i do i do you know the justice system already takes so much heat for being
Starting point is 00:39:39 inefficient and it's true it does and and i agree that the state has a job to do when somebody's found to put somebody away in prison to deprive them of their freedom it is the state's responsibility to prove their case and it is a system that is you know with the jury of your peers and you know with defense the best defense you can muster for yourself i get it all and i stand by it but there are times when the universe cracks in half and you can literally find the 12 dumbest human beings alive taught to talk about a subject that they have no right to be commenting on top five worst cases that you get upset for that one is number one yeah really you know what one i think might be number one for me is that casey anthony casey anthony was very disgusting too but here's the
Starting point is 00:40:26 thing people think this term beyond reasonable doubt means beyond all possible right so they think it's like you have some impossible standard if your defense counsel is good enough and they make it seem like well that is the standard that's the jury instruction yeah beyond a reasonable doubt but a reasonable doubt is a doubt right you know reason is still the part there now what's reasonable to a flat earther is not reasonable to chris connell well it's it's like saying reasonable doubt yeah he did it right but would he if your kids was online death wise would you still go at them maybe not right people a good defense attorney does throw that out there messes with that and i think that's how he got off well he got off because people didn't realize that well we found his dna at the
Starting point is 00:41:09 scene we found his blood there's a 911 tapes going oj is coming to kill me who could it have been so they thought you know because there was a distrust of the police so that had to do with rodney king and it was a culture of distrust at the time and he just rode this wave of all perfect things coming together for him specifically people are everybody knows what happened everybody knows that that glove if they didn't make him try the shriveled one on the actual one if you had bought it from the store would fit perfectly and didn't tell him not take his arthritis medicine but people are just people are think that is no they really did for, they're like, don't take your medicine. Let your joints get there. But it is.
Starting point is 00:41:48 I was at a party. And it was a who's who of Hollywood, of music, and everything. And everybody just kept talking about this one guy. Don't you love Zoom? Who is this guy? Yeah. No, no. But it was.
Starting point is 00:42:01 And you know who it was? Who invited you to a party? I know, right? It's called Cameo. You go on. It cost me only 500 bucks, and I had like 30 people. There was lots of celebrities there. But everybody was like talking about this guy, this guy.
Starting point is 00:42:13 And this guy's just long hair, blonde hair. I'm like, fuck is this guy? It was the- Kato Kaelin. Yes. Yes. And they were so- These are major stars were starstruck by this guy and i'm like have you ever
Starting point is 00:42:27 seen more footage of any program you've watched in your life take the wire take uh what's your favorite show whatever the oj simpson created more footage than literally anything that you've ever watched real housewives all together didn't put the footage out there that the oj trial did yeah it was on TV forever. Anyway, sorry for getting wound up on that. But it's like the Michael Jackson thing, too. Michael Jackson knew exactly what he was doing. Oh, yeah.
Starting point is 00:42:53 His attorneys coached him to put on his pajamas and go jump on that car and act like a fucking baby. Oh, sure. Oh, look at me. I don't know stuff. Vincent the Chin Gigante or whatever. They walk around his bathrobe in New York for the mob trials in the 50s. No, that's all totally scripted. Michael Jackson knew what he was doing.
Starting point is 00:43:10 Those kids could identify his penis and things on it. And his attorneys, and it's their job to do what they can do for their client. That's the way the system works, and I have no problem with that. But there were times, I've talked to some of the counsel on the other side of it that know this, and Eric Dubin wrote this book called the counsel on the other side of it that know this. And Eric Dubin wrote this book called Star Chamber about Robert Blake and Michael Jackson and all this stuff. He said that Michael Jackson, after they were done, he goes, go fuck yourself. Oh, I'm sure.
Starting point is 00:43:33 Totally arrogant. Totally knowing what's going on. Wait, said that to the defense? To the prosecutor. Oh, God. Jesus. And so what you don't see on camera will tell you a lot of the story, especially about trials. Yeah.
Starting point is 00:43:45 Do you listen to his music? Because I found myself listening to R. Kelly today, and I was like, God damn it. Unfortunately, a Michael Jackson song will come on that slaps. I don't like it. And I go, God, what? It's like Daniel Tosh says, you want to beat your kid enough to get the thriller out,
Starting point is 00:44:00 but not so much that he rapes kids. Yeah, exactly. And that's what he was, And that's what he was. That's what he did. And his was sort of so far past in the analysis of time. And there was no criminal conviction. He just gave him a ton of money and did this. Oftentimes little kids that had,
Starting point is 00:44:14 you know, emotional problems and developmental problems. A lot of times. So I never tell you. That's why I'm, that's why I no longer get invited to, uh, those dress up parties,
Starting point is 00:44:22 the mystery murder things. Did I ever tell you that? No. Yeah. So if you, all right, look, if you want to have one of those murder mystery things where to those dress-up parties, the mystery murder things? Did I ever tell you that story? No. Yeah, so... All right, look. If you want to have one of those murder mystery things where you all dress up in a costume, this is not the kid to invite.
Starting point is 00:44:32 I would love to invite you. Don't invite me, because here's why. Because I'm going to make it weird. And Anthony Romeo, he's an agent here, good friend of mine, they had one, and his wife wanted to really have it. So they sent out the invitations and mine said my character was
Starting point is 00:44:48 Joe Jackson, baseball player that has amnesia. That has amnesia and can't remember anything. I just didn't bother to read past the word Joe Jackson. So I dressed up as 1970s straight up
Starting point is 00:45:04 Joe Jackson. The picture's amazing. I'll actually try to post it on YouTube if you guys can see this, but I'll get up there. And literally all I did was walk around this party all night long. You're talking about like from the 1800s Joe Jackson. No, no, no, no. I'm talking about like Michael Jackson's father.
Starting point is 00:45:18 But you were supposed to play an old-timey baseball player. Yes, I was supposed to play an old-timey baseball player. But instead I literally had all I did whole time. Shoe is Joe Jackson. Exactly. But instead, I literally had – Joe Jackson got all excited? I went full 70s Joe Jackson and then just walked around this party bitching about Tito don't practice enough. That's all I did the whole time. Latoya is shaming his own family. Listen, I was told that I ruined the party.
Starting point is 00:45:40 I think I brought the party to a new level. You made the party. Well, plus, I think what was worse is our friend Scott went with us, Hurlburt, and it was one of those, like, two seconds into the party, I looked at him, I'm like, my wife's like, Scott's the murderer. You could just tell. I mean, yeah. Scott's always the murderer.
Starting point is 00:45:57 Yeah, he was going to literally need OJ's defense team to get off. Scott looks a bit like a strangler. Yeah, he just was. So, yeah, so just keep in mind mind if you ever invite me to your your murder mystery party i'll read you i'm gonna make okay oh dude one time i got invited no i got i got invited one and i had to be a cowboy i went as like a super ragingly gay stripper cowboy i'm talking about assless chaps the little hat and it just made it so uncomfortably weird for everybody i think some people actually left because of how weird that party but we went we had a uh anything but clothes party
Starting point is 00:46:29 once which means you just put you wear anything was this at the neighbor's house but like people would wear like all sorts of weird stuff right like uh pots and pans and shit like that and some guy just walked in naked it was like oh that's what the party was that would be anything yeah i think he goes misread that speaking of this look i did i talk about the peloton shirt i had heard very briefly yeah i can't i can't come in the office and there's a mystery peloton shirt i can't the office got mystery scotch but i found that who no i walk it yeah exactly you get scotch and you get and i get a giant packing box with one workout look i listen it was a box it was a giant packing box and as you look inside of it i had one peloton shirt and i look at it now
Starting point is 00:47:19 keep in mind i think it could have been something you said that maybe it was a silent protest from somewhere because it had like a rainbow Peloton thing, and it said lead with love. So I'm thinking it could have been something Colt said that got us in trouble. I don't know. Don't get us canceled, Colt. We love all people here. Everything's been positive on my end.
Starting point is 00:47:38 If we get an OJ club, next week we know it's coming from here. I was going to be, yeah, even 9- coming from here. Even 9-11 was positive. Even 9-11 was positive. We are coming up on the anniversary. Yeah, dude, speaking of... I totally remember where I was during the OJ thing. I was having... Watching the
Starting point is 00:47:58 truck race, whatever. Oh, the Bronco. No, the Bronco. I remember that. There's only a few events in life that I remember exactly what I was doing no the bronco yeah i remember that and 9-11 like like there's only a few events in life that i remember exactly the bronco i remember yeah ac collins yeah and then the uh 9-11 i remember exactly what it was for that i was having lunch with my only muslim friend oh it's such a weird thing because i had i was having fa with my muslim friend and i remember when it happened and we're just both like,
Starting point is 00:48:26 and they were developing, and I think they had kind of early, anyway, I just looked at him. I go, this is not going to be good for you. I just remember thinking like, this could be really bad for you. And it kind of came, I'm like, oh, this actually may have repercussions for people I know.
Starting point is 00:48:41 And then just one of those weird things where I was a 21 year old. I was 20 i think what happened yeah so it's trying like man that's kind of a weird situation that my only muslim friend i'm here and they're like we think this is a terrorist attack from whatever and it's both like oh yeah i had a buddy his last name's al-qaeda and it was a rough traveling for the next couple of years. Was this a dad joke? No, no. His last name was.
Starting point is 00:49:07 I swear to God, this is a dad joke. No. I might. I don't know one of these. His name is Al, like Alan Qaeda? No, no. His last name is Al Qaeda. I think one of these might have crickets on it.
Starting point is 00:49:17 No, that's a laugh track. There you go. Laugh track. No, it's not a joke. I'm being dead serious. And every time he would go through. No, buddy, Alan. Every time he would go through TSA. I thought I had crickets, but I don't have crickets.
Starting point is 00:49:28 TSA would magically, oh, you're randomly selected to be patted down. So who is he? Is he Arabic? Yeah. Or was it like Alan tied with a K-A-D-A or something? No, it's Al-Kiaida. Al-Kiaida. No, no, no.
Starting point is 00:49:44 The K is silent. Yeah. No, but it was a bad thing for that whole family and it was you know it's bad thing literally for everybody involved because nobody america didn't get out of that afghanistan didn't get out of that bin laden didn't get out of that all the people jumping out of the building god when you think about horrible think about tragedies right think about nobody's better there's nothing we've learned from that. We've gained nothing from it. It's one of those things where you say, oh, well, we have the new Freedom Tower. No, it didn't really create a sense of any kind of lasting nationalism.
Starting point is 00:50:17 No, unity for like six months. Here we go. That's what we were talking about. In New York, people were kind to each other for the first time ever. And we were joking with Brother Cole because he's talking about silver linings, about how people really were treating each other well after 9-11. He didn't vocalize that. He didn't do that well.
Starting point is 00:50:33 I'm trying to help him out here. That never aired, so we can say I did. We could say we did. What you meant was there's silver linings about people being together and treating each other well. But the problem is that's gone again. That's gone. Even in New York, it's gone.
Starting point is 00:50:49 People forget things. We have a very short lifespan of things to matter. We forget Supreme Court decisions. We forget a lot of stuff in this country can turn. It's not that big a boat where turning around takes that long. So we think these things are just problems in the future, right? It's going to be a problem in the future. It's going to be a problem in the future.
Starting point is 00:51:09 That future could literally be six months from now. Yeah. That you thought was so daunting. Right. Or so far away or so remote. And it's not. It literally could happen within not just your lifetime, but in your. Well, let me ask you.
Starting point is 00:51:22 Do you feel it? Because this is, I literally had this conversation with my wife last night i was like i feel like everything is going so much faster than it was a year ago the velocity of money is being fast everything me and chris before we came on here we were just talking about how just everything is condensed rapid you know just the economy everything everything's so much faster in life and everyone the dow would go down a thousand oh my god for 700 point freak out yeah those didn't happen now they happen with high frequency yeah it was down i mean it was down like 200 it was down by 200 before lunch
Starting point is 00:51:54 but guess who was up yeah we were both up today both were good we were both up there sorry if you lost money today me and colpo did pretty well you know and do you think we'd have that since i mean october one the shooting brought vegas together that was you that's probably the only other time in our lifetimes that had that but hold on like did it really i think for a little bit quick i think but i don't think that if something like that happened right now i don't think that it would even unity for even a month anymore. I think what's sad, and I noticed this when I was in El Paso, is you look up and there's these billboards saying El Paso strong, El Paso strong. I feel like every community now has some sort of tragedy that is occurring, unfortunately,
Starting point is 00:52:41 that requires that saying to be going on. Probably just not enough thoughts and prayers. Oh it's probably with the problem speaking of speaking speaking of which we talked a little bit about about the hurricane last time and i wanted to say that i did actually uh interview my buddy robert stone who was uh one of my good friends down there and he told me where to donate money i've already donated money uh to the people of Louisiana and it's through the, what's called St. Bernard parish organization. It was a place, best place to donate money to people in Louisiana would actually get in the hands of people that actually need it. If you want to do that, it is, uh, it was SBP USA.org SBP USA.org. So check that out. Anyway, I'm sorry.
Starting point is 00:53:22 Sorry. I didn't mean to cut you off. No, no, no. If you were cold, I'd have cut you off. Somebody from New Jersey was showing me a picture of his friend's car that is hood high in water. That's crazy. And when you think about the power of water and what's happening to all those homes, and it's so devastating. And if we're out here, we don't understand what a flood does.
Starting point is 00:53:44 I was just going to say, out here, we don't understand what a flood does. I was just going to say, out here we are, you don't comprehend that. No. Right? When you look down your street. There were a couple days this summer, though, that I think we all got a glimpse of what it was like to deal with global warming if it's out here. Oh, yeah.
Starting point is 00:53:59 Good Lord, when it's 119 outside and you're like, you've got to be kidding me right now. Yeah. And, John, you had a little taste of it with your thing exploding off and your son kayaking in your backyard. Yeah. No, it's crazy what's coming. And whether people want to say it's man-made or not, I don't care.
Starting point is 00:54:17 I think that probably having 8 billion people pumping out coal into the planet, probably not great. I mean, i'm not an earth science scientist they they all seem to be in a consensus but at that that said you know things are changing now whether you like them or not you have to learn to adapt and grow so um yeah i mean i still think i still think if there's a tragedy you're going to see people pull together because i think it's what people do i think I think they would do that in the face of tragedy. It's unfortunate that I think the world, I think the world since,
Starting point is 00:54:49 I think to your point, when you say you don't think it would happen again, I think what you're referring to is the world's become so much us and them and so polarizing. It seems like it's more polarized now than it ever has been. And some of that I think is social media.
Starting point is 00:55:02 Some of that I think is some of the people we've had in power that play that card and play it hard and have really pushed for that. But I think we need to probably start working to get a little bit more back to the middle, like we talk about, to try to get on the same team, I guess is a good way to put it. Do you think we'll get to that point? I blame social media the reason we can't get to that point and we all and people putting too much trust into the media when they don't realize ratings
Starting point is 00:55:31 it's all money right and i i don't know well i'm going to say something i can't believe didn't come out of your mouth but you know what we kind of need what alien invasion yeah i mean i'd be all right no we know we've already had that and nothing happened not illegal alien invasion cult no alien no we're not talking about the migrants no no we're talking about little green men with laser beams is what we're talking about because think about it every disaster movie you've ever seen there's aliens what happens okay but first off everybody pulls together we know for a fact now that that's not being hidden right because i'm pretty sure the last guy would have let us know.
Starting point is 00:56:05 Yeah, no, no, for sure. But what I'm saying is if that was to happen, like think about all the disaster movies you see. Just say Independence Day, John. At the end of Independence Day, okay. But at the end of it, when you see like the big spaceships blow up, what do you see? You see the people in France jumping around.
Starting point is 00:56:19 You see the people in Turkey jumping around. After America saved them. You're welcome. You're welcome, world. You're welcome, America After America saved them. You're welcome. You're welcome, world. You're welcome, America. You're welcome. You're welcome. It wasn't just being historically accurate.
Starting point is 00:56:32 It wasn't the Canadians. It wasn't Russia in like World War II, right? It wasn't. You're welcome, America. For sure. But, you know, I think you get something like that because, I mean, let's face it this way. Damn sure it wasn't COVID because we didn't all unite as a people against COVID. No, and that's the thing.
Starting point is 00:56:48 People are going to – we're at a point now, John, where there would be so many people going, those aren't real aliens. Those are actors. Those are government plants. Yeah. You can have things literally happening in front of people's eyes now, and there's such a disconnect with what's truth. And that's selection.
Starting point is 00:57:08 People – I don't realize how many people on my facebook that i add because i'll add agents and i'll add stuff i like to be known out there because i i'm a guy i don't think about it in that way i add people yeah and people pop up out of nowhere that i didn't even know i knew and then they start posting the craziest shit and so it's an immediate unfollow and it's oh my god you know what i think honestly should be like required curriculum now curriculum did i say that word right i think i did what should be required learning if you will in in high schools i think you should make every kid watch the movie idiotic because i think we i think we are in overdrive to that actually i i call that a snuff film but to me it's like watching faces of death it dude it's horrifying it is for those of you who've never seen that movie it's about owen
Starting point is 00:57:48 wilson goes in the future which one one of the wilson brothers luke luke wilson goes in the future and the future is basically it's full of idiots because because society has become so dumb down as a society and only the dumb are procreating and yeah and like and you know and like and i think that stressed me out too because last night I'm sitting at home and that Jake Paul fight is on Showtime for free. I ain't giving you a nickel to watch it, but I'm like, let me see if this yo-yo can box.
Starting point is 00:58:14 And the fact that that arena was full of people to watch this dude who's not a boxer box. It's Schadenfreude. I'm like. Yeah, it's Schadenfreude or. Schadenfreude. It's a German word for takingidenfreude it's german word for taking pride in other people's misery they want to see me knocked down but he won't because
Starting point is 00:58:28 everybody make you do it but the point being is oh my god this is like something you would see on idioticy yeah like he was a documentary yeah like no yes no more sports no more sports let's watch famous people beat each other up yeah i don't care about sports anymore i want to watch famous people it's just it is a race to that. But to the counter of that, there was this article in The Economist just came out about the illiberal left. Okay. Now, that's a phrase that I kind of really don't hear very often.
Starting point is 00:58:56 I kind of looked it up. And the illiberal left, it's that shutdown of extreme leftism. It's the shutdown idea of being not liberal. People complain about liberals. The word liberal takes its root from freedom, literally. But don't they call those people fascists? Isn't that the fancy word that the super left liberals would use to call those people? Well, the thing is that we've gotten to the point where our words don't even matter anymore.
Starting point is 00:59:20 We just say things that don't actually make sense. I'm one of those people where I call people that want to shut down everything, the cancel culture people. Yeah, it's insane. That's the illiberal left. Yeah. That's now what they're called to me. Anybody that wants to not have a conversation or dialogue
Starting point is 00:59:35 that just shut you down and scream you off a platform is an illiberal leftist, right? Yeah. I'm interested. How do you pull those people back to the middle, right? Never will. How do you pull them back? Well, it's going to, at some point, they're going to be tough.
Starting point is 00:59:46 Like you said, aliens. Well, or. Alien event. Alien. If you're beaming, listen, aliens, if you're on YouTube, put your lasers on stun, but come down and, like, make a show of it. So we can pull this. We can pull.
Starting point is 00:59:59 Yeah. I mean, don't actually come down here and zap everybody or eat people like that. But, dude, seriously, just knock down the Eiffel Tower or something. So we can pull this back together. That's all we need to know. Invasion from Mars style. That's it. Exactly. Is that not the greatest probably, is that the greatest alien film I would
Starting point is 01:00:14 have to go with? Exactly. Well guys, pinball machine. 100%. Well let's wrap it up for this week. Again, if you're watching on YouTube, make sure you like and subscribe. Comment on it if you like. If you're watching, if you're listening to us on podcast, make sure you subscribe so you get notifications when we're up there next week we'll talk about does colt actually have pants on you're going to want to kind of uh tune in when you see that i know the truth because i'm sitting here you at
Starting point is 01:00:35 home don't know just as yep and remember if you're like what we do here make sure you tell somebody about it so they can listen too but if you hate it tell two because again it doesn't matter if they're talking good or bad what What is it, Chris Connell? Tell them three times. As long as they're talking about you. As long as they're talking about it, it makes sense to us. Take care, everybody.
Starting point is 01:00:55 Hey, it's John Gafford. If you want to catch up more and see what we're doing, you can always go to thejohngafford.com where we'll share any links of things we talked about on the show, as well as links to the YouTube where you can watch us live.
Starting point is 01:01:08 And if you want to catch up with me on Instagram, you can always follow me at thejohngafford. I'm here. Give me a shout.

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