PBD Podcast - American Actor Matt Walton | PBD Podcast | EP 153

Starting point is 00:00:00 Are you out of your mind? Here's the debate. You're upset. They're saying we believe you. This is it. I thought that. That's how fun. Awesome. Folks, it's good to have you on with us today's what episode number 153. I have my good friend Matt Walton in the house. My man, Matt, you and I go back a few years, right? A couple of years ago in Dallas. I interviewed you.

Starting point is 00:00:33 We met through a mutual acquaintance guy named Paul Feldman. Paul Feldman, classmate of mine in high school. Insurance news, no. Insurance news. Respect. I know Paul is a source of news. Yeah, yeah, yeah. And when the,

Starting point is 00:00:45 you know, I used to make a lot of money in commercials when all that money sort of started going to the influencers instead, I reached out to some of my friends who were successful and said, hey, you probably need some video content. And Paul was one of the guys who's like, hell yeah, I do. And we started making stuff for his magazine. Among that content was an interview with Patrick Bette, David. And we became fast friends then we kept in touch over social media and you know We have a lot of the same background, you know scrapy entrepreneurs and so we you know We have a kindred spirit, so thanks for having me back. No question about it I you know Matt for some of you guys. I don't know Matt Matt's an actor. I think that's the best way you've done

Starting point is 00:01:21 Broadway you've done Hollywood if you can pull up his I, if you watch Irish man, he wasn't Irish man, he's been in a money monster, I think that's what Clooney, is that what Clooney, Jody Foster directed. Jody Foster would purge, which was purge election year, you were in that. But you know what I want you to pull up?

Starting point is 00:01:39 I want you to pull up, go to, go just go to a, type his name and just go to images. And it's unfa- I mean, look at this. Gentlemen, if you're watching with your wives, just tell your wives to look away, right? Click on that, go go to type his name and just go to images. And it's unfit. I mean, look at this. Gentlemen, if you're watching with your wives, just tell your wives to look away, right? Click on that. Go go to that one.

Starting point is 00:01:50 Look at how sexy this guy is. It's just too much, bro. That was in the rain, too, yeah. Go go to the other one with the old one, the one right there. Let me see which one it is. Go with the perfect white teeth. Go to the perfect white teeth.

Starting point is 00:02:03 So today, look at this. This makes no sense though. Who do people tell you look like the most? What do you get most often? Like Dylan McDermott or Dermott Morruni, they always get the... The Dylan, the Scott Bacula. Sometimes I would get...

Starting point is 00:02:15 Scott Bacula. Quantum leap. Quantum leap, Scott Bacula. Who are you going to say? Who you have somebody in mind or? I don't know. I mean Scott Bacula could be a guy. I could never tell the difference between Dylan McDermott and Melruon either could anyone

Starting point is 00:02:30 else. That was like the running joke. So you know what's crazy. We've been trying to do this for a while to get mad on. And I'm excited for today because mad, one thing I like about you is you've been in Hollywood. You've done a lot of work with pretty much everybody. You don't work with a lot of people. You just did something with... You and McGregor.

Starting point is 00:02:47 Yeah, that's right. I mean, you don't stuff with the biggest names. But also at the same time, you got some strong opinions as well politically. And when I follow your Twitter, I don't miss your tweets. I just want you to see what the hell this guy's going to say next. And it's entertaining, but you talk a lot of shit. It gets me in trouble sometimes. Yeah, but you talk a lot of shit. It gets me in trouble sometimes.

Starting point is 00:03:06 Yeah, but I can imagine that. But yeah, I said, listen, why don't we figure something out here to get you on the podcast? By the way, folks, we're some of you guys that are listening today. Today, we're doing an old school format of a podcast. My goal is to do the follow. I've been talking about this a lot.

Starting point is 00:03:23 This is the problem when you have a very good booker. Okay. It works, you know, both ways. He's booked this out for how long. I think we're booked to July or August. We've got several dates July or August. But every once in a while, we just want to talk current events. We're trying to get it in my schedule right now to put one every week, no matter what

Starting point is 00:03:41 we're talking current events. We got a lot of topics to go through. FYI, I guess who we have tomorrow on the podcast? The great, some call them the goat. I asked this question yesterday on Twitter, name me the greatest UFC fighter of all time. You know what a lot of people said? They said GSP tomorrow on the podcast will be George,

Starting point is 00:03:57 Saint Pierre in the flesh right here talking. There's a lot of talk about him with, could be there's a lot of things that are, you know, coming up lately, so I can't wait to do that interview, but again, there's a lot of talk about him with Kabib, there's a lot of things that are coming up lately so I can't wait to do that interview, but again, that's a pie product of having a guy that's booking us nonstop, Rob will prod you, having said that, here's some of the topics we're gonna get into. So, I've been watching this Johnny Depp and Amber heard

Starting point is 00:04:19 back and forth, right? And you know what's the biggest question I asked myself is the following, here's what I asked, and I want to get you in and put on this. I ask myself, okay, both the disguise act for a living, right? I mean, both of their jobs is to convince me and feel the pain of what they're going through, right? So who do you believe? Do you believe Johnny? Do you believe her? She's been crying the last couple days because that's been her turn, I think, and he was telling his stories and having fun. But both ways, I want to kind of get your input on that. Roe Vee-wait, which is obviously something everyone's talking about right now from the left, from the right, everybody, which I have some bad news for you on that end.

Starting point is 00:04:57 That's, I think it's going to hurt your feelings, but you're not ready. Okay, with that. Bed Raids increased half a point, folks, let me say this one more time. Half a point, biggest hike in two decades, and I'm gonna explain to you what this means to you. We'll get some feedback from both folks here on how this affects too. Biden proposes largest tax increase in CELBJ. Biden seemingly unaware he was ever a senator

Starting point is 00:05:22 in the latest Gav, and then we have a joe biden's approval underwater sixty percent disapprove of handling of inflation and we have buffets uh... question was asked about nuclear weapons which was very interesting he says so how one of the uh... uh... investors who owns the shares says how concerned are you about a nuclear war and his answer was a coin flip meaning it can happen any minute for guy like that worth a hundred billy to say it's a coin flip will be

Starting point is 00:05:49 curious to know what he has to say about that Charlie Munger still putting a lot of hate on Bitcoin trade deficit source for the first time over a hundred billion dollars this is a first time ever college graduates are overestimating their salaries they'll start out at 50k but you should see what they think they should earn when they come out of college. Musk has just created a bunch of stuff that we gotta talk about. His call out of a AOC,

Starting point is 00:06:13 what he said he's gonna do to NBC. The way he slammed NBC was maybe, it's just, did you see how he slammed NBC? It was there. He tortured them, I mean on Twitter. And then, you know, he's thinking about taking public again three years from now. I got some conversations there.

Starting point is 00:06:28 I can tell you guys about what call I got yesterday. Bill Marr, Twitter has a complete lack of self-awareness about their own problem. They have failed. He's not talking about Elon Musk Twitter. He's talking about the old Twitter. And then we got Biden officials want Musk to bring Trump's crazy back on Twitter, which is crazy.

Starting point is 00:06:44 Then obviously Amber heard and a few other things that's going on and we have to cover the story with our friend Dave Chappelle who Dave Chappelle. I say we start off with that story. They've Chappelle. Okay, Dave Chappelle. Did you see the video or no? Do you see what happened? Yeah, I'm allowed to play that. I'm sure we can because it's a tweet Crazy thing on what happened here with Dave Chappelle, what page are we on? Let me see what page. Tell me what page we're on. That's the bottom of page six. Okay. All right, here we go. Dave Chappelle's story. Police arrests suspect. An onstage attack of Dave Chappelle. Rep calls incident unsettling. This is a USA Today's story. Police have arrested a suspect

Starting point is 00:07:24 and onstage attack of Dave Chappelle at the Hollywood Bowl in Los Angeles. Tuesday during a Netflix is a joke. Festival and audience members stormed. The stage as Chappelle 48 was exiting the stage after his performance, lunging at him and tackling him to the ground according to the press release from the LA Police Department. Chappelle refuses to allow last night's incident to overshadow the magical is a historic moment. The comedians rep Carla Simpson said in a statement Wednesday, statement Wednesday, start the day smarter, get all the news you need in your inbox each morning.

Starting point is 00:07:53 Dave Sheppell celebrated four nights of comedy and music, setting record breaking sales for a comedian at the Hollywood Bowl. Simpson said as unfortunate and unsettling as the incident was, Sheppell went on with the show Simpsett. The venue's security detained 23-year-old, Isaiah Lee, LAPD office, Rosario Sarantes, told USA Today Wednesday they arrested Lee. Sheppell was not injured. Lee was taken to the hospital with minor injuries, minor injuries. Have you seen the guy's shoulder? There's nothing minor about that. Lee is being held on 30,000 Autobahn according to the release. Matt, what are your thoughts about what happened here?

Starting point is 00:08:31 Well, they roughed him up pretty good, didn't they? Well, of course, everybody immediately thinks this is, you know, a result of what Will Smith did at the Oscars. Yeah, he's just set a press and you can attack comedians on stage. But do we have a motive for why this guy went up there? Has he said what his, why he wanted to attack Dave Chappelle? Was it something Dave Chappelle said? Or was he just trying to, so, I've seen, so there was a, there was a story.

Starting point is 00:08:54 But first of all, this is not a good picture. Showed the video first, so the audience can see what happened. Most people have seen it. Yeah, this dude got roughed. Yeah, yeah, his arm, his arm has bent the complete other way. He was on backwards. Tyler, can you show that video for me? Okay.

Starting point is 00:09:08 Clearly security was beefed up in a big way. Oh, apparently it was Jamie Foxx that came to the rest. Jamie Foxx and Bustin' Arm. And a cowboy hat. A Bustin' Arm. Bustin' Arm. Here we go. Look at the guy's arm.

Starting point is 00:09:20 Do you see the guy's arm? His arm is facing like the other way. Look at that arm. His elbow is out. Oh my God other way. Look at that arm. His elbow is out. Oh my God. Yeah. That arm right now.

Starting point is 00:09:29 So you bring up a good point. What was this guy's motive? Yeah, yeah, we don't know, dude. You know, people are feeling very comfortable running up on celebrities these days. I'm not sure if it's the Will Smith, is it art imitating life, life imitating art. You're an actor, this is something that you probably do with,

Starting point is 00:09:45 but this reminds me of like the guy who felt, like he could feel very comfortable talking shit to Mike Tyson, how that worked out for that guy. Get the living crap kicked out of him. Now there might be a lawsuit pending, but it's, there's almost like blurred lines. Well, you know, that's a result of social media and like. That's just what I was gonna say.

Starting point is 00:10:01 Like all through the pandemic, all these musicians are playing guitar inside their houses I'm like I don't want to see inside your house I want there to be a wall of mystery between me and the artist, you know what I mean? And social media is completely knocked that down it used to be you know in the case of like soap opera actors and whatnot if you're and I think you're one of your last guests spoke a little bit about this Jason I think it was when you're in somebody's living room Every single day on television,

Starting point is 00:10:26 the human body and brain cannot distinguish between a relative and a person on TV. We haven't evolved past that yet. So it really feels like you know that person. Because they're in your home. They're literally in your movie theater. That's very disgusting. Right. That's watching TV and seeing a movie or two different things.

Starting point is 00:10:42 That was Ethan Sopli. That's right. That's right. That's right. And so this may be, you know, Instagram and everybody doing things from their homes and, you know, celebrities being literally reachable by social media. This may have something to do with it or it could just be this guy wanted, you know, his five minutes of fame and who better attacked in the best comedians alive.

Starting point is 00:11:01 I don't know. I just found this link. I'm going to send it to Tyler to pull it up Very interesting. So this guy's apparently a rapper is what he is. So yeah, so he's a rapper in 2020. He did a song about Chappelle and He also said Trump is my president leave him alone in a rap song so pull up the link. So I'm actually curious now Hey, Pat. Did you see Chris Rock right there? Walk up on stage? Yeah, look at that. Yeah, Chris Rocksick was that will

Starting point is 00:11:30 Smith? By the way, you know, but he had to do that. I mean, you listen, Chris, that's like a perfect opportunity for him to get up there. But just so you guys know, all of these events that Chris Rock is at it's preparing them to get a hundred million dollar Netflix specials in the next few months. And I'm promising you they're working on something right now. Go ahead. You were going to say something. No, this guy's 23 years old. So he's only been born and raised on social media, right? Since going up since social media has been what? Really 10 years strong. Maybe a little bit longer with Facebook, but I'm talking like the Instagrams of the world. 10 years strong. So that's all he's ever known.

Starting point is 00:12:04 But Matt, you touched on something. The blurred lines between, it used to be a very clear distinction between that as a celebrity. They're on stage. That is who we watch. And I'm just a regular old person watching. Now, I don't know, you touched on because it's COVID, lockdowns, homes, on your phone.

Starting point is 00:12:22 Like all these blurred lines of like, yeah just I could just roll up on Mike Tyson Talk shit, right? I could just run up on stage with Dave Chappelle. I'm a rapper. I've got a social media person. I'm a person I'm famous too. It's like buddy. There are clear distinctions between on Mike Tyson and a Dave Chappelle and your clown ass Well the difference between these two things Tyson in this case I mean this guy attacked him with a knife. This was obviously some kind of, you know, beef the guy had with Chappelle and he wanted to, you know, stick him. But it's more the mentality.

Starting point is 00:12:53 This was a fake knife. Was it? No, it was a fake gun. Fake gun. With a knife within it, something like that. Yeah, so if you look at the picture right there, that's LAPD HQ. And the rest has a moment in somewhere, comedian was you look at the picture right there, that's LAPD HQ. And the rest has been in somewhere, comedian was attacked while on,

Starting point is 00:13:06 a comedian was attacked. They're not even naming the comedian. And a comedian was attacked while on stage at Hollywood Bowl. Isaiah Lee was charged with a solvete, deadly weapon and bail is set $30,000. So if you go a little lower and you'll see what he says, if you go a little lower, that's the clip.

Starting point is 00:13:22 Go below the video and it says, no, I think above that, yeah, go above that, above that right there. So little higher, little higher. Okay, least song that is specifically titled Dave Chappelle was released in 2020. It's on that song where Lee wraps laugh at you as a joke. And then Lee has another song, defending former president Donald Trump Trump with lyric included magma N word An open-ended question wise everybody always hating on my president Interesting and then no TV show so and then joy Bayhara if you go a little lower said Joe Bayhara and Sunny Houston blamed Trump for Dave Chappelle getting attacked on stage, which is obviously

Starting point is 00:14:02 It's of course Trump's fault. They claim he got into the minds of the entire population and didn't happen before. Bayharing's sister's sonny out of it, but I think Trump unleashed some incivility in our country. There you have it. By the way, do you think this is going to become a movement and more of this stuff is going to happen? Like, do you think somebody's looking at their saying, this is a playbook I'm going to do this as well? 100%. I mean, I'm going to the, like, look, I've been pretty clear. I didn't think that the, what the Will Smith slap represented was way worse than the actual slap.

Starting point is 00:14:36 A man slapped another man. Chris Rock took it like a G, said, all right, I'll leave Jay to say, okay, cool. But just imagine imagine if this guy who actually brought a knife on stage, legitimately stabbed Dave Chappelle. And Dave Chappelle was in the hospital now. Cause Dave Chappelle was very quick to joke, hey thanks, we got Jamie Foxx here with a cowboy hat,

Starting point is 00:14:55 everyone needs a Jamie Foxx. Imagine if Dave Chappelle was in the hospital right now. The overall sentiment in the country would be like, holy shit, you brought up the Will Smith thing, right? That's obviously what came to mind, a person rushed the stage and attacked a comedian or a celebrity or an icon. But imagine if Chappelle is actually in the hospital or God forbid, imagine if he died.

Starting point is 00:15:16 What would the mood of the entire country be? Would everyone be on pause and be like, what the hell is happening right now, guys? What is happening right now? Thank God, Dave Chappelle is okay. But this guy had a legitimate knife, imagine if it was a gun. And he just boom, shot him.

Starting point is 00:15:30 And that's how Dave Chappelle went out. It's a very, very scary situation. Yeah, so a couple of things goes, I think about number one, how the hell did that guy get in there with the gun and the knife? That's number one. So, security is one to blame. What kind of security do you have

Starting point is 00:15:44 with all these celebrities being there? Like, what are you thinking with security? That's number one accountability. So number one accountability to me is, who put this thing together? Who was your security? Let's hold a security accountable on how they got in. What was the infrastructure for somebody like that to get in? Number two, you know how in 9-11 happened, TSA comes right after 9-11. In November, we have TSA, right? Two months after 9-11, we have TSA. But back in the days, you can just go, hey, hey, mom, she comes out of the gate

Starting point is 00:16:12 and you see her at the gate. People would forget that. That you could literally go to someone's gate just start to greet them after 20 years ago. Like grandma would come meet me off the piano. I was a kid, 12 years old. And that event like this changes. So you got a good point there.

Starting point is 00:16:24 Now, think about it This way how much different would this experience be if Talent now said you know how back in the days van Halen would say here's how we'll do it This is what we want in our contract if you don't have this we won't show up and these to say that this thing with the M&M's that they wanted specific types of M&&Ms and multiple times if you didn't follow the contract or the T, they would leave because they said, you didn't follow our contract and you're still liable to pay us so they had a contract.

Starting point is 00:16:52 And imagine if comedians say, hey, I want perform until you put a fence up or you put something up that I feel safe. Or imagine we get to that point, okay? Now, if a comedian asks for that, say first comedian ask for that. That's what I wanna do, I don't feel safe. To craziness that's going on. Here's what I expect.

Starting point is 00:17:07 Then that creates a trend. So that becomes the next TSA of what happened after 9-11. Thank God. Nothing happened here. But you have the guy that pulls up to Tyson. You have the guy that pulls up to him. You have the guy that's an FYI. Dave Shapell has a crew around him and they destroyed him. That guy's lucky he wasn't beat to death. He's lucky he's not beat to death. But there's a part that's actually good that that happened to set the tone for everybody

Starting point is 00:17:35 else. However, how many people have Chappelle's size of entourage? Not many people. There's a younger comedian that's getting up. So you know how you go to comedy and some guy takes a shot and she's like, oh, who are you? You look like your middle eastern. Let me guess, you have a 750 BMW parked outside, right? And you have a lot of money,

Starting point is 00:17:52 odds are that cars stolen up at these comedians say these types of jokes. Yeah. And I'll say, you know what? If Wilson, I'm gonna get up and then I'm gonna go out and say, then this younger comedian that's coming up, it's like, dude, I'm just role-playing with the guests that are here. Now he gets something happening to him. So he doesn't have that kind of protection, it's like, dude, I'm just roleplaying with the guests that are here.

Starting point is 00:18:05 Now he gets something happening to him. So he doesn't have that kind of protection. He doesn't have a big answer. Right? She's coming up. So bigger guy may be protected, but the younger guy coming up may not be protected. So the games change a little bit. I'm very curious, you know, what these bigger comedy clubs are going to do to make their comedians

Starting point is 00:18:20 feel safe. But I would make the argument that somebody that's not as big as Shepel doesn't have a reason to be gone after. Like the younger guy who's just coming up, I mean, if you, listen, I think this is a one off. People want to go after Shepel because he's a lightning rod, right? He's always in the news. If you're a young comedian and you're going to this guy's show, you're not going to be him up.

Starting point is 00:18:37 You're going there to laugh, you know what I mean? I hope you're right. And yes, I don't necessarily disagree with what Adam's saying, but I think there's so much to be said for what you said, Pat, that this guy got the snot beat out of him. Yeah. Like he's lucky he wasn't beaten to do. Well, listen, that's what happens in life sometimes. Yeah. If people see this and they think about going up on stage and they look at this

Starting point is 00:18:56 guy, I think they're going to think twice. But I also think that my mind's going someplace else with this. It's making it about yourself when it has nothing to do with you. This reminds me of like the strikers who come on, run on the field during the Super Bowl or during the World Cup. This guy, you know, Steve will do it or whatever the, what the NELK boys or whatever they did.

Starting point is 00:19:16 It wasn't that guy who did the Super Bowl thing. One of those guys, but you're making it about yourself. You know that there's a lot of eyes on you. Drawing attention and you're saying, this is my time. I have an opportunity to get my name in the news. I have an opportunity to put myself into the atmosphere that all the eyeballs are looking at me and making it about yourself. It's ego driven and the lines of blurred because you have a public profile now. That's a whole another thing. Don't get me started on when you

Starting point is 00:19:44 go onto someone's Instagram profile and it's public figure. Yeah. It's like buddy, unless you're a famous actor, famous politician, you are not a public figure. I'm sorry, but this mentality, this is my biggest concern, this mentality that like, I deserve the eyeballs. Dude, Dave Chappelle deserves the eyeballs.

Starting point is 00:20:01 He's the greatest comedian living right now, in my opinion. And going off for a while. Okay, so the guy, the guy, you know, go ahead. Yeah, to, to Joy Behar's point, Trump did not bring in in civility. Incivility had been here a long time. Trump had been in civil for a very long time. You know, I used to work for the guy.

Starting point is 00:20:16 I know how in civil he's always been. The culture has been shifting toward incivility and this me, me, me, me, me, me, narcissism for a very long time. And it's exacerbated constantly, and it just grows exponentially each year I find. This case in particular, this guy seemed bachelors crazy, had a grudge, wanted to hurt Dave Chappelle in front of everybody.

Starting point is 00:20:37 Okay, that's different. That's a little different than what Will Smith did. But I also think what's going to end up happening is comedy is probably going to change, which is the biggest tragedy of all, because comedians are the last truth tellers we have. You can't tell a joke without truth in it. It's not funny otherwise. And I think comedians are going to start to adjust their sets to not offend and to make sure that stuff like this doesn't happen particularly if they don't have an entourage like

Starting point is 00:21:00 Shepel. That's the biggest danger of all. Right. We can talk about it with, yeah. Tony Hingecliffe. Yeah, that's not, that's not, we need, we need those guys to stay loose. Real quick, you, uh, you get up on stage every so often.

Starting point is 00:21:11 Yeah. You have your events, you speak. Let's say something like this happens to you, not to this extent, but some guy bum rushes you on stage. What is, what's your response? But you have to, it's happened and it's gonna happen. That's not something like bushes on stage, talking with another, you know, prime minister, president guy happened and it's gonna happen. That's not something like bushes on stage talking with another, you know, Prime Minister,

Starting point is 00:21:27 President Geistros, two shoes at the guy, you know? So it's not like moments of that. Yeah, yeah, so you have to know this is not a new thing, you know, the guy who went after, you know, President, you know, had an infatuation for Michelle Pfeiffer. She, what do you, I was doing it because I'm wondering when to impress Michelle Pfeiffer, because you don't,

Starting point is 00:21:45 you don't know people's motives. This whole thing we did with the event last couple days, right? Here's what we don't know. We don't know the guy's real story. We don't know what Lee is telling this Isaiah, Lee guy, we don't know what he's telling himself. We don't know what's in his brain. And that's not the truth, but it's his truth, right?

Starting point is 00:22:00 To him, that's the reality of what's going on. You don't know what these guys are telling themselves, but I don't think it's a new thing. I don't think it's been, right? To him, that's the reality of what's going on. You don't know what these guys are telling them, so I don't think it's a new thing. I don't think it's been, it just started happening like a, you know, two weeks ago. It's like the Tyson thing. Like you mentioned earlier, somebody went up to Tyson with a gun and what does he do? He talks to a guy down and gives him a hug. Like you say, man, this happens all the time. It's just this gets national headlines. Yeah, the only difference is the only difference, if they do something like that and hurt a guy,

Starting point is 00:22:27 size of Chappelle with his kind of a notoriety, shit's gonna change very quickly. So that's the one thing they have to realize. Shows are gonna change, formats gonna change, security's gonna change, everything's gonna change. So just think about having to stand in line for four hours to get in, how annoying it gets it to go to having to stand online for four hours to get in How annoying is it to go to show imagine waiting for four hours? We have president Bush at one of our events. What was it three years ago four years ago, right?

Starting point is 00:22:52 So we've been working on you know We invited him and we invited Obama Obama doesn't do anything in August our events are always in August and Bush said I'll make it so he came to the event Do you know we had to have a hundred secret service agents? We had to have security where, what do you call a metal detectors everywhere? We had to invest that money and have it everywhere to come in.

Starting point is 00:23:11 They had meetings with us. They had meetings with our crew. They had meetings with people that are on the inside. Everybody had a yellow sticker that you kind of knew. You're trained by secret service to know that for the next four days while the president's come in, they were so fully prepared for it, right? Things are gonna escalate when things like this happen.

Starting point is 00:23:28 I just don't think this the last event that we're gonna hear about. I think it's gonna happen. You hit the nail on the head with the 9-11 reference. You said that it, you know, 9-11 happened September, boom, a couple months later, November, TSA, okay? So it's weird that the Hollywood Bowl didn't have metal detectors.

Starting point is 00:23:40 I think they would. The Hollywood Bowl, under, you know, I mean, but it will, is my point. Now it's time. It got for bid Dave Ch know, I mean, but it will is my point now. It's a God forbid Dave Shepelle's in the hospital some stab wounds. Boom. The TSA reference becomes all too real into the Hollywood and so we think about it We used to just go into into arenas and the theaters. They walk right in get your seat Right now you're getting COVID tested. You're going through metal detectors. They're patting you down It takes unfortunately a fricking tragedy,

Starting point is 00:24:05 a 9-11-esque horrible tragedy. Dave Chappelle, God forbid, getting stabbed tragedy for venues to be like, dude, that we're not going to take the risk. And that's just what happens. Yeah, I mean, again, I, I, okay, if you were to vote, do you think we're going to hear another story in the next 30, 60, 90 days? Oh, no, no doubt. No doubt about it. I agree. I think it's in the next 30, 60, 90 days? Oh, no doubt. No doubt about it. I agree. I think it's going to be 30, 60, 90 days. And I think if I'm the guy that's putting events together, this is an opportunity for me to say, hey, Dave, let me tell you what our format's going to be for you to feel protected.

Starting point is 00:24:36 Okay, so when I had Kobe Bryant at our event, 5,000 people rushed the stage. Okay, you can see this on video. Kobe sitting right next to me, like, what the hell is going on, right? And right there, I had security standing rush the stage. Okay, you can see this on video. And Kobe sitting right next to me, I'm like, what the hell is going on, right? And right there, I had security standing in the front. Okay, we had, you were at that event. I had security standing right at the front. And I had to get up and I asked these guys, everybody's got to sit or else I'm gonna ask Kobe

Starting point is 00:24:58 to leave the, so there was that whole interaction with the C if I have that at the opening or no. Click on, well, the challenge is it's going to take a minute to see it. Anyways, I think the event holders have to be more organized to provide a better level of security for the talent coming in because talent doesn't know your audience. Talent wants to feel protected. It's the job of the event, the host of the event to protect the talent that's coming in. So we have people that come here all the time. Let me tell you what we do. Did you see the car parked outside? Okay. What do we do with that? We want our talent to feel safe

Starting point is 00:25:29 That guy's a share of 16 years by the way He's been you know if you see who was with his background is somebody tries to do something here We're protected right guns blaze and everything's prepared right we want to make our talent feel special That's exactly what these guys got to do right there. 5,000 people rushed the stage. So he's sitting right next to me, and all of a sudden, boom, everybody rushes the stage. He's like, what the hell is going on? I got security at the front, the next thing,

Starting point is 00:25:55 you know, things change. But anyways, we'll see what's gonna happen here. Take out their headphones and weapons. Yeah, let's go to the next story. Let's go to the next story is, and by the way, we're gonna get to the role we weight story, that the Supreme Court leaker, we're gonna get into that here in a minute as well.

Starting point is 00:26:10 Next story I wanna get into is the Amber Heard with Johnny Depp. I'm assuming you guys are following the story. To an extent, there's only so much I can take. Yeah, I mean, I get that. I don't even know why it's public quite frankly. I think that's a private matter. I don't like the fact that it's that public.

Starting point is 00:26:25 I mean, we have other issues that should be public that we followed that affects us. This doesn't affect us at all. Don't you appreciate that they make the Amber heard Johnny Depp try a public, but not the Epstein trial? Well, listen, it says a lot by the way. It says a lot, but let me kind of give you the story. Obviously, it's been going back and forth.

Starting point is 00:26:43 Johnny got a lot of the story from his end. That's been out and you heard the recording, you heard her reaction, his finger being cut. Hey, he keeps calling her misheard, misheard, misheard. He finally files the divorce. I don't wanna do anything. I'm gouged, you know, I wanna, you know, and then she comes out and the story with him,

Starting point is 00:27:02 her hooking up with James Franco and then her for a minute dating Elon Musk and Elon Musk comes out and the story with him, her hooking up with James Franco and then her for a minute dating Elon Musk and Elon Musk comes out and says good things about Johnny. Hey, this and I want to stay out of this, but you know, her and I had a thing together. Amber, her calls her trial the most painful and difficult event in her life as she kicks off testimony against Johnny Depp. Amber, her began testifying Wednesday for loss of broad by her ex-husband, Johnny Depp describing the trial as the worst experience in her life. This is horrible for me to sit here for weeks and have to relive everything.

Starting point is 00:27:31 Hear people that I knew some will, some not. My ex-husband with whom I shared a life with, speak about our lives in a way that they have. This is the most painful and difficult thing I've ever done. I have ever gone through. Herd is the second witness. her legal team called to the stand, following testimony of Don Hughes, a clinical and forensic psychologist, Hughes who evaluated Heard and reviewed therapeutic and legal records

Starting point is 00:27:57 relates to her diagnosis and actresses post-traumatic stress disorder caused by intimate partner violence from dep. He said that in therapeutic sessions, hurt, recounted incidents where dep physically beat her, performed a cavity surge and penetrated her body with a glass bottle. Heart is expected to testify about those events in the stand.

Starting point is 00:28:16 Okay, so before you give your thoughts on, whatever other details you know about it, so far, who do you believe in this story here? Are you sitting there saying, I'm kind of believing what Johnny is saying, I'm kind of believing what Amber's saying. I cry, frankly, I don't know who the hell is telling the truth. Where do you guys stand with this?

Starting point is 00:28:36 I think they're both telling the truth. I think extremely toxic relationship. They're on the stand, they're under oath. They're not allowed to lie. And they get caught in a lie that's big trouble. Well, at least for some people in court. It is one of those situations where the relationship obviously had so much passion, you guys have all been in one of these, that it just got turned as good as it got as bad as it got.

Starting point is 00:29:01 I kind of believe both of them, what the result should be is, if either of them committed a crime, and it sounds like perhaps they both did, then maybe there's charges that are pressed. I don't know. In terms of it being public, well, that's show business, isn't it? I mean, it's hurting their careers

Starting point is 00:29:20 and helping their careers at the same time. Do you think this is hurting or helping their careers? Individuals. It's helping Johnny's hurting Ambers right now. Why Do you think this is hurting or helping their careers? Individuals. It's helping Johnny's hurting Amber's right now. Why do you think it's helping his hurting her? Well, because he was the one that got canceled first. Before the trial came out, we just assumed that he was, you know,

Starting point is 00:29:34 the guy who doing all the bad stuff turns out she was doing the bad stuff too. And now there's a big online campaign to have her removed from Aquaman too. I don't think either of them should be removed. If you don't want to see them in a movie, don't go see the movie. But their personal lives are personal again these lines are blurred It's it people are so excited to get inside the lives of these mega stars

Starting point is 00:29:52 If you like I know them even better. I know them on a personal level. I know all their bad shit, too and that's um You know, it's what it is. I I'm not a fan of that kind of interest in people and the gossip and all these stories, but it is fascinating, isn't it? I mean, it shows mental illness is obviously an issue here. Fame is a huge issue here. Power. And it's all on display in court, isn't it? You see it right there, what you're showing.

Starting point is 00:30:21 Remove Amberhurt from Aquaman 2. How many people have signed? 3.5 million. That's what it's called. 3.5 million. Look, first of all, like, why? Tell me why. You know, that's a job of the director, the movie producer, casting agent, if they want to have her in or not.

Starting point is 00:30:34 But to, this is a form of a cancel culture, right? To say, hey, get the scroll out of it. You know, if you don't want to watch the movie, he made a good point. Don't watch the movie. Johnny Depp, Disney saying they're not going to be doing pirates at the Caribbean, Caribbean. I posted a picture of the movie, he made a good point, don't watch the movie. Johnny Depp, Disney saying they're not gonna be doing pirates at the Caribbean, I posted a picture of the movie on Facebook and I said, Johnny Depp is the only Jack Spiro,

Starting point is 00:30:52 I know, as a 43 year old, period. That thing got like a hundred thousand likes and 50, I don't know how many thousands of shares, people feel the same way. And because now someone asked him a question, they said, hey, if Disney paid you $300 million and they give you X, Y, Z, would you still go back, would you consider going back and being Jack Sparrow in, you know, Pirate City, Caribbean, he says, no, I would not.

Starting point is 00:31:15 I mean, that's a sad situation because how the brand managed him. But all in all, in a case like this, you said Johnny dep wins. And Amber, her doesn't because Johnny already had tainted reputation based on what the me to movement kind of think, yeah, Adam, where are you at with this? Well, I actually more just want to bring this back to Matt because you've worked in Hollywood. You've been in movies, you've been around celebrities. This is this is what you do. You're an actor. And there used to be a famous line that I remember associated with Hollywood

Starting point is 00:31:46 that you could say anything you want about me as long as you do what? Spell my name right. That was the whole thing with Hollywood. Say whatever the hell you want. Just get my name right. Okay, well, people are certainly getting their names right. And that goes back to my,

Starting point is 00:32:00 is this helping or hurting their career? Does that still ring true in Hollywood? Does it, is it still like, say whatever you want, as long as my name's written the tabloids, as long as my name's written the headlines, it's gonna be all good, just spell it right. How do you process that? Well, I mean, it's one of these things

Starting point is 00:32:15 where you've got to separate the, well, you don't have to. It's your decision whether you want to separate the art from the artist. I think Johnny Depp is a terrific actor. I also happen to think he's a violent lover. Okay? Now those, I can hold those.

Starting point is 00:32:29 You can be both. That's a problem with a lot of art discourse today is we don't, it's black or white. Right. And usually it's all gray. Correct. Yes and, you know, Michael Jackson. Yes, Arkelli. Exactly.

Starting point is 00:32:42 Harvey Weinstein. I mean, they've done all very bad things, but they've also been responsible for very good things. Exactly. Harvey Weinstein. I mean, they've done all very bad things, but they've also been responsible for very good things. Right, it's both. So it's up to you, not as not society, in my opinion. It's up to the individual. And what we're living through right now is a time

Starting point is 00:32:57 where society, whoever the decision makers, are dictating how people should think about certain things. I think the difference here is is guys, Harvey Weinstein. Yeah, that guy is a corrupt criminal, right? Class A dirt. So you go to our Kelly story is what? 13-year-old, you know, and that story came out. He's also a class.

Starting point is 00:33:19 Many, many, many times. That's breaking the law, right? So both broke the law. You go to what was a name, next name that you said, Michael Jackson. All right. So that, you know, the stories you hear from there, okay, that's a complete different story. He did make thriller. Yeah, he did. I get that. And by the way, like Kevin Spacey to me, Kevin Spacey is one of the best actors of our generation. I mean, the guy, you know, guys are so say, you know, you can go up and say so many different things

Starting point is 00:33:46 with this guy did. There is the law and then there is intent and then there is personal life. You know, Trevor Bauer, I don't know if you guys know Trevor Bauer, is the picture for the Dodgers who's got a, he had a three year contract for $108 million. I think it was like $90 million was the contract with $10 million bonus or $18 million bonus. think it was like $90 million was the contract with $10 million bonus or

Starting point is 00:34:05 $18 million bonus. Say a young award winner. Say a young award winner, which is called as a Mickey Mouse Award winner, right? This guy gets suspended for two years. Did you see that? Yeah, based two years, they suspended him. They're not even, and all charges were dropped against Trevor Bauer. That's what's crazy about it.

Starting point is 00:34:21 Can you make it bigger by the way? Can you make it because so we can read this? So all charges were dropped on Trevor Bauer. This is just talking about how much money he's going about it. Can you make it bigger by the way? Can you make it because so we can read this. So all charges were dropped on Trevor Bauer. This is just talking about how much money he's gonna lose. He's gonna lose 102 million dollars, or excuse me. No, he's gonna lose roughly 47 million dollars in salary. So whatever the number is, the guy's gonna lose a lot of money.

Starting point is 00:34:39 Okay, so he goes in a relationship with a girl and they say, hey, I like this style of sex. And she says, okay, so you said you believe Johnny Depp is a fan of rough sex. So they have rough sex. The sex was so rough that she came back for another time. Okay. So then second time around, they have rough sex.

Starting point is 00:35:02 Then she goes out to her and says, Well, he did XYZ to me, then they dropped the case, then they dropped all the charges that he got, and then the MLB suspends him for two years, and you're gonna take nearly $60 million away from this guy, who's a Sai Young winner, who is one hell of a pitcher, you're gonna do that? That's, is there a law there,

Starting point is 00:35:22 or is that just MLB making a decision to do that? So in this case with Johnny and Amber, Johnny filed for divorce and Johnny is the one that's like, listen, here's what happened. She's dropping my name out there and defame and everybody's thinking I'm a bad guy. I'm not a bad guy. And then you get all these other guys that are coming and say, look, I've done cocaine. I'll probably, did you do drugs with that person? Yes. Did you do a drug with this person. I probably, did you do drugs with that person? Yes. Did you do drugs with this person? Yes. Why did you do drugs with that person?

Starting point is 00:35:47 I'm not gonna lie to you. I just wanted them to shut up because he was talking too much. Right? I don't know who he was talking about. Manson or one of those guys, right? But he's just talking straight up, right? You're going through this. There's a part of this that you have to be very, very careful.

Starting point is 00:36:03 There are people out there relationship-wise that if you're in a bad relationship, it's realistic that you can have your career be in hurt if you date the wrong person. You have to be so careful in Hollywood, you know who you're marrying, you have to be so careful in sports, who you're all of this stuff.

Starting point is 00:36:19 You know the movie, Fifty Shades of Grey? I don't know, Tyler's one of his favorite books he's read a multiple times. You always quote things out of the book, but I actually read Fifty Shades of Grey. I don't know, I know Tyler's one of his favorite books, he's read him multiple times. You always quote things out of the book, but I actually read 50 Shades of Grey. Okay, when the book came out, everybody in the office was secretly like, what, you know, that book is the kind of book

Starting point is 00:36:34 where you cover with paper like it's like, when you were inside of it. You have like, you have a homework and you got a playboy right in the middle. What are you doing? I'm just doing my homework, you know, you got, so, but everyone's like, what are you reading? No, nothing, nothing, what are you reading? So finally, like my homework. You know, you got so But everyone's like, what are you reading? No, nothing nothing. What are you reading? So finally like okay?

Starting point is 00:36:47 So what is this all about so finally I read the book and there's a part of it in there where he gets the girl to sign a contract Right, I mean is it to that point? Where it's like hey Trevor Bowers gonna be like hey Mary. I like you. Here's what I'd like to do My lawyer can you please explain to them? What's about to happen here? Yeah, can you imagine that setting? It's like, yes, okay, so let me read you your rights and you know, let me read you the contract. Here's what's gonna happen tonight. You're gonna participate in XYZ. Are you open to this? If you get hurt and your bottle of pop-up sign right here, is that what it's gonna get to? No, 100%. That's what we're going.

Starting point is 00:37:21 I think 100%. I think that's a great idea. A little cocky sign. If you're John, if you're a big profile celebrity, if you're a Johnny Depp, if you're a S.I. young or a winner, and you're making a hundred million dollars, if you're a famous NBA star, if you're a famous Hollywood guy, you have your pick of the litter. Facts?

Starting point is 00:37:36 There's no question about it. Yeah. Okay. So you could have Amber heard, you could have this person, that person. Okay, listen, sweetheart, you know, we got a thing going on before this goes any further I'm gonna need you to sign this right if they're willing to sign it all right you guys can do what you guys want to do I'm shocked. He didn't have that signed before hand. I'm shocked these guys don't have lawyers saying Johnny

Starting point is 00:37:58 Like you have a hundred million dollar career at risk And you're gonna put it because you liked have a good time with this girl If I'm that person's handler that manager that agent You got to have these conversations. What sure conversations we had 100% have to be had Your whole career will go down the tubes because you like kinky sex with amber her right I had a guy by the way that said the following. I can't you know, this is a guy that's Not a well-known guy, but a known guy. He said no joke. He said here's all I do. He said I have my phone and I get a video and I produce the video with them and I say hi.

Starting point is 00:38:34 I'm John Doe. What's your name? Such and such. We are you agreeing to do XYZ with me? Yes. Can you please say that? Are you okay? Do you feel safe? Yes. Can I open a door where you can leave if you want to? Yes, you can leave if you want. I don't want to do you want to leave. I don't want to leave. You sure? Yeah. Okay, let me just give you a tour to the entire place. It's just me. There's nobody else here. He's kind of going like that. He's a second video. Yeah, and he said perfect. Thank you. And he files that for himself in case this ever turns around complete sense. I tell you as weird as this sound. Yes. I'm in the army I'm 18 okay. Drill sergeant, uh, uh, uh, Drill sergeants and my sergeant Braxton said, Hey, Whatever you do right before you're about to have sex ask for the ID So the guys are like what are you talking about? This is ask for the ID, you gotta do it.

Starting point is 00:39:26 So you're serious, yeah. So we go to party. All right, it's getting to that point. There's three rooms that are open. Hey, can I see your ID? You wanna see my ID, that's stupid. Yeah, I know, believe me, I also think it's stupid, but can I see your ID?

Starting point is 00:39:39 No, I can't get in there. You're serious. Now you have to realize at this point, it's the most frustrating moment for an 18-year-old boy. Maybe an 18-year-old, right, at that moment. But I got to see your ID. Show's the ID she's 16. Okay, my guy had to run out.

Starting point is 00:39:53 And we're like, hey, we gotta get out of here, we're back to the base, right? It's getting to that point where people have to do such things to get protected. But question for you, from a different standpoint. In Hollywood, okay, I met my wife in the industry of finance. We were both at Trans-America, we met there, right? Many people meet their spouse, you know, within the business.

Starting point is 00:40:18 In the business, do people talk to say, hey, never date somebody, like, you know, how the thing is never, you know, you know, date somebody's this or never, was there anything that's a never date another actress or never date somebody that's not in the business? Is there anything like that or not at all? Yeah, I mean, people have reputations for being unstable, you know, and dangerous to date. Sure. I mean, when me too was first breaking out, I had a lot of very famous friends freaking out, thinking I don't know who's gonna come forward

Starting point is 00:40:49 from the 100 girls I was with who just decides that they didn't like what I did that night four years ago and I'm screwed and they would have been, and they were sweating it. So I think the future of a signed contract is not that crazy. But the videos that pass. People have reputations, sure.

Starting point is 00:41:10 It's discussed, but by and large, all actors are crazy. You know what you're getting into. That's true. There's nutty people. Myself included. It's a weird kind of profession to pursue. It's an insane profession to pursue. It's an insane profession to pursue. It's impossible.

Starting point is 00:41:26 The rejection is constant. So you've got to be that kind of person who embraces rejection. There's got to be a lot of ego involved. A lot of ego. I mean, if you're special, if you're on camera, how do I look? How am I perceived?

Starting point is 00:41:37 How does the world perceive me? How am I view in the world? There's got to be a lot of that. On the other hand, celebrities, the celebrity bubble, the fame bubble, and this goes back to Amber and Johnny. It's, the fame bubble is so insane. Like, look what it did to, to, to,

Starting point is 00:41:50 I have a controversial opinion about, say, Bruce Jenner, for example. I think a lot of his motivations have to do with the fact that his family became more famous than he did, right? It can drive people nuts. It is so isolating. It's like, it's, it's not dissimilar to When you're in prison and they put you down below it is that called a solitary confinement

Starting point is 00:42:10 I mean you're kind of free to roam, but you're not you're never alone the press is always on you the more famous You are the worse it is and so other actors are pretty much the only people who can understand you So you have this dating pool of crazy But it's limited to only other famous people. Otherwise, there's a power imbalance there. Once you become famous, fortunately, I don't have this problem, but once you become famous, you begin to doubt anybody else's motives

Starting point is 00:42:37 for even wanting to talk to you, because people want to be around famous people. And for better or worse, fame is power today. Fame is a superpower. Cloud. Yeah, better or worse, fame is power today. Fame is a super power. Cloud. Yeah. Well, right. Cloud chasing, whatever. But, um, yeah, uh, let me ask you this. So, let me ask you this. So, so say, uh, uh, uh, say you're a tiger. Okay. And you're 30 years old. Say you're a, uh, pick, pick an actor at their peak, pick, pick, pick any of these guys. Clooney. Clooney, okay, so you're 35 years old.

Starting point is 00:43:07 Take a Michael Jordan, take any of these guys. Should they get married or should they just say, I'm not gonna get married till my 40s? What do you think is the right move to do? And I'm talking about like your dependicle, because Johnny's pinnacle. Johnny's not an a-lister. Johnny's a top five a-lister actor.

Starting point is 00:43:26 He ain't like a a-lister a-lister. You know, he's like, some people consider this guy cool. He's so multi-dimensional, what I would can act, the guy's freaking ridiculous, right? So if you're there, what are your thoughts? You're around a lot of these athletes,

Starting point is 00:43:37 you're around a lot of guys in Hollywood. Do you think the right move is to just have relationships kind of like what Leo did and just marry your career and then later on when your number starts with a four you can still have a kid then get married. What do you think is the right move there? Well you are married to your career. I mean that is an inherent issue in any relationship like that.

Starting point is 00:43:56 It's up to the individual. There was actually an article, it was a stupid article about George Clooney as a matter of fact and they were comparing him to Noah W, who was also on ER at the same time. And they're like, what was the difference between Noah Wiley's lack of success and George Clooney's success? And they theorized that it was because Noah Wiley got married and had kids.

Starting point is 00:44:14 No, it was because Robert Rodriguez needed somebody to do that role from Dostaldon and Clooney was on hiatus that summer. And he got the part. That's why Clooney's career skyrocket. It was pure chance. Nothing to why Clooney's career skyrocket. It was pure chance. Nothing to do with Noah Wiley getting married.

Starting point is 00:44:28 And I'll bet you, Noah Wiley is just as happy as George Clooney today. Clooney even said one time, you know, when he finally settled down, he goes, I've had all the fun any man deserves to have. I am ready to settle down. So it really depends on the individual. And a lot of times,

Starting point is 00:44:44 people in Hollywood will get in relationships to have some kind of stability. As crazy as that can be, and with one stable people, but the career is so up and down. So a lot of people get into relationships for that reason, just have something solid in their life. And so I can't say as a rule, but it is challenging to get married.

Starting point is 00:45:03 Interesting. Interesting. I, interesting. I think, throughout this conversation, I'm thinking of basic premises of risk and reward and supply and demand. So why that? I mean, you talked about being in the financial services. That's how you met Jen and insurance business.

Starting point is 00:45:20 The whole premise of insurance is risk versus reward. Same thing with investments. You bring up the Trevor Bower story, bring up the Johnny Depp story, the Amber Heard story, the risk versus reward. Okay, you're a hundred million dollar met. Well, what's the fun? Get comments. Okay, you want to go to that? I mean, Fox hired Caitlin Jenner. Dog face says, Fox hired Caitlin Jenner dog face says now Fox has two tuckers. That's a Bill March. Okay. Is that a Bill March? Okay.

Starting point is 00:45:51 So that's all right. Well worth interrupting me, but the risk first reward. So what's the risk versus reward with Johnny Depp? Well, the risk is that you're putting your whole career on the line for this crazy girl, because what's the reward? She's kind of hot and the sex is good. Probably not worth the risk. Trevor Bauer, you're putting your whole baseball career, $100 million contract on the line because this girl likes to get choked a little bit. Probably not worth it. In these instances, you probably are going to have to get something signed or a

Starting point is 00:46:21 video like that back to the law of supply and demand. I mean, men and women age differently. I think some of these men, I don't think it's like, well, 40 now it's time to get married. I think it's like, look, as a man, it's you age a little more gracefully than women typically. It takes to use Rolo Tomasi, what he says, you're laughing over here.

Starting point is 00:46:44 Women are and men must become Sometimes it takes few years longer for men to become great at what they are okay women You can be 18 21 years old. You're just hot as shit boom you are hot. That's it right Amber heard Why is she even in the same realm conversation as one of the greatest actors of our generation Johnny Depp because she's hot That's it. Johnny had to do movie after movie, after movie, and after audition. How many auditions have you been to Matt?

Starting point is 00:47:10 Thousands. Thousands? Just thousands. To be a kind of known actor? Imagine that it would work these guys if I had to go through. So it's a different realm between a man and a woman. So for instance, when you see my guy, Tyler Hiro,

Starting point is 00:47:23 21 years old, right? Awesome little basketball player from the Miami Heat. Just one six man of the year. He meets a hot Instagram girl, Knox Harrop, he's having a baby with the girl. Does that serve him well? Is he more focused on the court now? Or is his whole career based on a hot Instagram

Starting point is 00:47:40 because you get a fat ass? So it's what you're talking about, tens of thousands of years of evolutionary biology, colliding with current society and current norms, which constantly change and are constantly updated. So these adjustments are going to take time. We're living through a transition period right now, I think, and I think that's what's really going on.

Starting point is 00:48:01 Anyways, we'll see what's gonna happen there. By the way, at the end of the day, do you think, do you think there's any chance that that Johnny's gonna going on. Anyways, we'll see what's gonna happen there. By the way, at the end of the day, do you think, do you think there's any chance that that Johnny's gonna play Jack Spur again? None whatsoever, Disney blew that. No chance. For sure, never.

Starting point is 00:48:13 You really blew that? 300 million, he said no to. No, Johnny doesn't need the money. He doesn't need to play that part again. Disney screwed up in my life. Wow. Net, wow. Are you in the same place as well?

Starting point is 00:48:23 I mean, the fact that it's owned by Disney, I think he's unhutable business. This has been a family, a value, it's a type of company. Business has been doing great lately. I have, of course, no controversy. They've been crushing it, right? The leadership team is on top of it.

Starting point is 00:48:35 Okay, let's talk about Buffett a little bit. Let's see what Buffett's got. It's saying Charlie Munger, go a little business here before we get into some of these other stories. So Buffett got a question from one of their shareholders. Okay? Buffett calls every day coin flip when it comes

Starting point is 00:48:50 on to nuclear weapons. He had no answers, but plenty of caution about the threat and impact of nuclear weapons, saying that every day he's a living with flipping a coin. The world is flipping a coin every day, whether people who can literally destroy the planet as we know it all, as we know it, and we'll do it. Buffett said to an audience of Berkshire Hathaway Shareholder Saturday, unfortunately the majority

Starting point is 00:49:11 problem, the major problem is that people who have large stocks of nuclear weapons and ICBMs, unfortunately, the major problem is the people that own it, they talk about using tactical nuclear weapons. If someone is willing to kill hundreds of thousands of people with tactical nuclear weapons why would they stop there he added it's very very dangerous world it's a very very dangerous world the question submitted by the shareholder asked about the impact of nuclear weapons on bookshires operations and outlook

Starting point is 00:49:39 the company maintains a number of insurance operations and a nuclear attack would severely impact the company's operations as a result. Do you think we're closer? Maybe let me ask a question this way. Once the last time we had a nuclear what what was the timeline when a Truman dropped the hero's you mind. Yeah, what's the exact date? What's the exact date? I'm curious November 45 is it I'm thinking it's When did

Starting point is 00:50:08 Stop Do you see the date? Here's a question for you Are we more likely it's August 6th and August 9th on 1945, which is what that's about 80 years 75 77 years, right? Are we closer to that nuclear bomb being dropped, or is it gonna happen in the next 77 years? Meaning, do you know what I'm asking? Like is it gonna be like, yeah, probably in the next

Starting point is 00:50:37 67 years someone's gonna drop a nuclear bomb? Do you see that happening anytime soon? Here? Anybody? No, I would be surprised if Russia used tactical nukes. You see that happening anytime soon. Here? Anybody. I would be surprised if Russia used tactical nukes. What do you think is the timeline on that? On some like that.

Starting point is 00:50:51 Because you saw, if you want to pull up Putin's article, when it comes down to nuclear, and what he said about the Western, you know, the declaring war against, you know, Ukraine and Western, let me see if we have that story here. Yeah, there it goes, it's page three. And of course, we're gonna have somebody next week,

Starting point is 00:51:07 Peter Pride, that we're gonna get into that a little bit deeper because that's a specialty. But Putin says, to officially declare war on Ukraine, Western officials say, the declaration is expected to be made on May 9th when Russia marks a victory day over the Nazi-Jermy 1944, the Russian military. And then he's talking about nuclear. So let me see, go to the article about

Starting point is 00:51:27 nuclear. He said something about using nuclear if necessary, they would use it. So do you think it's that scary? Like, do you wake up yourself every day worried about a nuclear war? No, I'll tell you, I think clearly that what we should be worried about at this point is cyber warfare and bio warfare. That's what's pervasive and what's that's going on in the atmosphere today. I mean, look, it's not even close. Russia and US by foreign away have the most nuclear weapons in the world. It's not even close. How many thousands does Russia have and how many thousands of US have?

Starting point is 00:51:58 And then the next is like China and France with a couple hundred. It's not even close. What was what was you asked why are we closer to nuclear war 77 years ago or in 77 years from now, clearly in the past. I mean, all our parents for the most part that grew up in the 50s and 60s, they used to have to do fire drills under their desk

Starting point is 00:52:19 in case there was a nuclear war during the Cold War with Russia. This is, you know, the crack picks. That's my point. That's my point. This close. With Cuba, the Olympics. Correct. That's my point. Correct. With Cuba, Cuba, Missile Prices may have paid all that. So it's, a lot of it is nuclear, nuclear, I think it's like almost like ingrained in us.

Starting point is 00:52:35 Like holy shit, holy shit. But that isn't the biggest concern, at least as an American. I mean, this puts another spin onto this topic. If you're in Europe, to bring up the whole NATO topic, why do you think the Sweden's of the world or the Norway's of the world of these types of countries are actually thinking,

Starting point is 00:52:55 holy shit, like, why is Ukraine happening? Because you are that close to Russia. They are on your doorstep. US, this is one of the beautiful things in the United States, being the greatest country in the world. We don't have to worry about Canada attacking us. We don't have to worry about it Mexico attacking us, maybe a caravan of migrants coming into the country, but we don't have to worry about Russia and Putin

Starting point is 00:53:16 on your doorstep, or even in North Korea, you know, on your southeast border getting crazy. So this is the luxury of being the united states of america so as far as nuclear warfare being in america being a major concern that's not a major concern among so i think there's two scenarios where we have a nuclear bomb go off uh... one is countries countries get nukes

Starting point is 00:53:40 to build a wall of deterrence right you have a newt no one's going to attack you because you have nuke. It's not to... The best nature of this is a strong nature. It's a great insurance policy. So in one scenario, some loose fish-fish-fish-fish-style material, whatever it is, gets in the hands of a terrorist and they plan a dirty bomb somewhere. That could happen.

Starting point is 00:53:58 I don't think that's beyond the realm of possibility in our lifetime. To the extent of the damage who knows. We underestimate terrorists all the time, however. The other one is if Putin gets back into a corner, I wouldn't put it past this guy, if he thinks his life is over, or his power is done, to go out with a bang.

Starting point is 00:54:18 I don't think it's beyond his ability or his rationale. Do you agree? Well, to Matt's point, people always love to talk out of the both sides of their mouth, right? They say Vladimir Putin is crazy, he's got cancer, he's losing his mind, he's an evil war monger, and at the same time they say, no, he'll never use nuclear weapons.

Starting point is 00:54:36 It's not an option, won't happen impossible, da da da da da da. And let's not forget that they have the ability of using tactical nukes, not massive mother of all bombs, 5,500 ton nuclear weapons. They can use tactical nukes. And I think we're just going to send over $33 billion in military aid to Ukraine, right? And you can see what we've provided already, right? We've provided 5,500 javelin missiles, which is one-third of our stockpile.

Starting point is 00:55:00 If we continue to provide the Ukrainians with weapons system after weapon system after weapon system and weapon system after weapon system and intelligence, you, to the max point, you think he won't be back into a corner and say, all right, I'm done with this. No more. You've pushed me to the brink. And he'll use, I do not think in any manner our tactical nukes out of the question. On the homeland, I doubt it, right? Like, we would rain hellfire. We would, it's mutually assured destruction. But to use it on Ukraine, no, I don't think that's out of the question in any realm at all. I don't think it's out of the question from the launch one at us on his way down, either. Honestly,

Starting point is 00:55:34 I mean, people say, oh, no, no, he would never do that. He's not suicidal. What if he's about to die, or if he's about to be dethroned or about to be assassinated? Do we have, are the people who work at the Russian nuclear silos loyalists, or are they scared for their life too? That's what it comes down to. If I'm an intelligence officer in the United States, I am trying to infiltrate the people who work at the damn silos and say, if Vlad launches, don't press the button. Whatever you want, a billion dollars come to the sink, don't press that damn button.

Starting point is 00:56:04 That's how it looks to me. That brings up the, what was the situation with the general who called China on the last million? Yeah, yeah, yeah, yeah. General Milley, right? Right, he got a lot of praise, but he also got a lot of heat for undermining Trump. The people in the Trump camps are how dare you undermine

Starting point is 00:56:23 the President of the United States and call our enemy China and assure them of reassure them or what's the difference? That's a traitor. The Trump wasn't trying to nuke anybody. This guy is at a place where, yeah, Millie's a traitor. There's no question about that. It depends on your perspective. Some people call him a hero. But any, of course, Democrats would call him heroes.

Starting point is 00:56:44 One million percent Democrats would call him heroes to, but I get, but, but, but, but, some people do, but any, of course, of course, Democrats would call him heroes. One million percent Democrats would call him heroes to do some like that. And Lincoln Project folks would call him heroes, but that's not a hero. Okay. That's not a hero. It's called, have a crucial conversation with the guy and get to write people in the room to have that meeting with them. Now, that's a different story. In this situation, this happened and the problem with the following situation is this, in America, Americans call him hero, okay? Americans are calling this merely situation through and there as a hero.

Starting point is 00:57:11 That's problematic. In Russia, you know what they would call somebody that went against Putin? In Russia, we would call that guy a hero, but Russians are not gonna call that guy. I don't know if you understand what I'm saying to you. What I'm saying to you is their loyalty is to their country. Americans loyalty is not to their country. It's more to their political party. That's the biggest shit show we're dealing gonna call that. I don't know if you understand what I'm saying to you. What I'm saying to you is their loyalty is to their country. Americans loyalty is not to their country.

Starting point is 00:57:25 It's more to their political party. That's the biggest shit show we're dealing with in America. They're more committed to their political party than that red, white, and blue flag. And that's a problem. But going back to a guy like this, I don't know if I disagree with Matt by the way. And a part of it is the following.

Starting point is 00:57:39 Here's a part of it. Is this a real story? Yeah, this is a real story. Who's in the undergo cancer surgery? Yeah, that's a real story. Putin has cancer? Yes, sir. Is this actual real story? Yeah, this is a real story. Who's going to undergo cancer surgery? Yeah, that's a real story. Putin has cancer? Yes, sir. Is this actual facts?

Starting point is 00:57:49 Yeah. This is the first time I'm hearing this. No, no, this is a... We know he's been sick, but I don't think we can quite knew exactly. Yeah, Russian, if you want to read the article, go back to the top so I can read it. So make it a little bit zoom in, a little bit more Russian president. Of Lattemann Putin is about to undergo a surgery, cancer surgery, and and temporarily hand over power to hard line former federal police chief according to new report Putin will transfer control of Russian government to Nikolay Patrushchev head of Russian federal

Starting point is 00:58:14 police security counsel while he is incapacitated during and after the procedure according to video from the mysterious telegram channel General Sv'aransada did the channel which is perpetually from the mysterious telegram channel, General S. Veron saturday, the channel, which is perpetually, purportedly. purportedly run by a former Russian foreign intelligence service, lieutenant general known by the pseudonym, Victor Mikholovich reported that Putin has been told

Starting point is 00:58:37 by doctors that he must go in operation. Now who knows what's going on here as well? You know what's gonna happen. This is big news, what kind of cancer? Is the article going on and saying what type of, I think they're thyroid You don't know what's gonna happen. This is big news. What kind of cancer? Is the article go on and say, what type of, why are they? Why are they thyroid? Thyroid cancer? Ooh, that's not good.

Starting point is 00:58:49 I think that's why he's been putting on weight the past couple of years. And let me do some more research into it. I'll get back to you. Yeah, but the reality of it is the following. If you push the guy in a corner, he's not a guy that's not gonna do anything. No.

Starting point is 00:59:04 The only thing, the only saving grace is the following. He's got kids, but he would get his kids to live somewhere else unless there's retaliation. And he loves his country. He truly loves Russia. And he knows if he did anything to America, he's going to destroy so many of his own people and he has to privately by himself say, are you okay with that? Do we know he loves his country though? I know. He said his soul just can be slaughtered and you can make massive numbers.

Starting point is 00:59:36 Does he love his, those are the most loyal to this country? Yeah, but you can say the same thing about every, you know, this truly really love his country when he did that. You got to act back and ask the question. Yeah. But I don't, I think so. That to me goes to he loves the ideas of what Russia meant to him way before what it is today. He loved that.

Starting point is 00:59:54 His loyalty is to that. Like to him, it was an insult saying, who were you to think Ukraine's not part of Russia? I'm sorry. You are Russia. Like his ideas is the OG ideas of back in the days. Not the new progressive ideas that, you know, some folks think that Russia,

Starting point is 01:00:08 I think that's where he's gonna go and say, you know, whoever he admires. Like everybody has somebody they admire that's dead, right? Think about who you're gonna say, like who you wanted to make proud, right? Is his gonna be a Stalin or a Lenin or a father or somebody that he worked under KGB? I don't know.

Starting point is 01:00:24 But he's gonna say, I'm gonna meet that person one day. Is that the world? My loyalty go to some like that. I don't know. So mice the only saving grace I have is that when he gets at that point, he's not gonna want to do it because it's gonna backfire in ways that it's gonna Get very very ugly. It ain't gonna be just from America. I think he would say something like Russia. I love you We all have to die together No, I think that's the angle you would take. I Russia. I love you. We all have to die together No, I think that's the angle I think because I love you so much. I must destroy I don't plan it I think I might have been Oliver Stone who is here. I saw that so that was really interesting I'm not sure if you ever worked with Oliver Stone or been in the I'm sure you do yeah, yeah, and I remember I said who does he want to emulate who who are his heroes?

Starting point is 01:01:04 Is it Stalin? Is it Lenin? He goes, no, no, no, no, no, no. He older than that. Mother Russia. I think he said, Peter the Great. And this is what year were Peter the Great? I mean, this is Zaris Russia in the 1600s.

Starting point is 01:01:17 So when we talk about what his, I do think he loves his country. I don't think there's any doubt he loves Russia. But when we think of Russia and the Russia that he loves his country. I don't think there's any doubt he loves Russia. But when we think of Russia and the Russia that he loves, it's not Soviet communist, red Russia of the 1930s, it's the 1630, 1730s, whatever you, what you were, Peter the Great. Okay. Early 1700s. That is the greatness that Putin wants to bring.

Starting point is 01:01:45 It's the first thing I said. He did a great was six, eight. Wow, damn, pretty good. For Max Dan, that's seriously. But that is the Russia that I think Putin wants to make great again. And he sees what's happening, you know, with the encroachment of, yeah.

Starting point is 01:02:01 How evil you think he is. How evil you think? Did you say evil or medieval? I mean, I don't know. I know, I get that. But how evil you think he is. How do you say evil or medieval? I mean, I know, I get that, but how evil you think he is an evil guy? Yeah, I do. But I also think there are a lot of people who we look up to, who anyone from the other side of the river would say, oh, that's an evil bastard too.

Starting point is 01:02:21 I think he's evil. I can understand why people don't, but I. Well, there's a, there's a quote that I, when you murder people, yeah, well, that there's a quote that I saw on the Lex Friedman podcast. I don't remember the name, but the guy said, listen, some great men are not necessarily good men. And there's no doubt that he is a cunning political figure to stay at the top of Russian politics for the better half of two decades. And then some when you could easily just have a drink of a cocktail and end up dead, he's got to be, don't undermine, I'm not

Starting point is 01:03:01 saying you, but don't undermine how sad be the political figure this man is. And the guy he would make that mistake. Exactly. He got Brexit through and, you know, from his couch. So the, the, the, the cancer thing is concerning though. I had no idea about that. I think that's a story that we're gonna need to keep our eyes on. There's a part of it where let's just say

Starting point is 01:03:24 if you have something where you know you're going to die, you make decisions in a different way because urgency is at the top. So there is a part of it where if that is the case, now what that decision-making process is going to be, nobody knows. But if a guy like that is driven by, I'm going to get even with you or revenge. I think he's gonna spend the last, you know, a few years or a few months or whatever he's got doing some kind of a retaliation. Is that gonna be nuclear, is that gonna be cyber?

Starting point is 01:03:53 I don't know. Their ability to do cyber attack is apparently better than anybody else in the world. So if they wanted to really make our life a living hell and confuse the shit out of everybody, mess with elections, mess with us, mess with this mess with that, they can definitely do that. But we'll see what's gonna happen.

Starting point is 01:04:08 I don't know if he's gonna do nuclear, but one of us is gonna be right. The challenges, if they do nuclear, we may never be able to tell the other guy, you're right, that's the problem. Exactly, we may not have them meet. We'll be able to take this kid, yeah. That's gonna, he's gonna be, or he won't be.

Starting point is 01:04:20 He won't be, he won't be, with the protective kids. There's no way out ours, he could put people during global nuclear warfare. I mean, right? There's no safe island somewhere where you're not going to get fall out i have i i don't know i don't know okay next story i want fun conversation yes let's talk about the sky name uh... joe biden okay let's talk about what he's got going on

Starting point is 01:04:39 okay so uh... joe biden proposes largest tax increase in CBJ, political insider. Biden's 2020, the fiscal budget reposes all the bad ideas that Congress won't pass and has a new twist to coveted liberal wealth tax, Biden's wishless cost for increasing the top marginal tax rate to 39.6 from 37,

Starting point is 01:04:56 it would also nearly double on capital gains to 39.6 for people earning over a million dollars. This would be the highest tax rate on investment gains. Since 1920s, this tax unrealized gains, which are not taxed until assets are converted to income, liquid, since liquid assets make up less than 20% of wealth investors will have to incentivize to hold liquid assets such as real estate to avoid liquidating stocks to pay taxes

Starting point is 01:05:22 rather than sell stocks to diversify to reinvest. Investors will be forced to sell stocks to pay taxes, rather than sell stocks to diversify to reinvest, investors will be forced to sell stocks to pay taxes on realized capital gains. Do you think there is a chance that any of this stuff is going to pass through, or do you think a guy named Joe Manchin is going to say, listen, have I not already made it clear, I'm not supporting a massive tax increase. What are you think is going to happen here? I think you're right. I don't think anything is going to really get passed. Maybe a baby

Starting point is 01:05:46 step, maybe a part of that proposal gets through that everyone can agree upon as a reasonable tax. But that at least we're talking about politics now. What we should be talking about, tax rates. What is a fair tax rate? What is an unfair tax rate? What is an unfair loophole for the wealthy? What is, you know, a bad policy, you always talk about Democrats having terrible fiscal policy. What are the good policies? Where do you draw the line when you talk about taxes being a punishment or a reward for being a member of the society where you can become wealthy? What is that line? And that's what the debate is. And it shifts depending on the economic state of the country, does

Starting point is 01:06:22 it? Let me ask you. So how hard do you think it is to start a business and make it succeed? How hard do you think it is? I know how hard it is. Okay, how hard do you think it is? It's really hard.

Starting point is 01:06:34 So unpack that. Like how hard is really hard? Like what the lifetime of commitment? Does it affect your personal life in every way? Do you miss some birthdays? Do you miss practices? I'm sorry. Do you miss dinners? Do you miss practices? Do you miss dinners? Do you miss how many people are willing to go through them?

Starting point is 01:06:49 Okay, so now let's go another side. What else a job or occupation is harder than being a business owner that requires a lot of risk and requires you having to do work that you're not gonna get paid and requires you having to do work that you're not gonna get paid maybe any money for a while. What's harder job than that? Professional athlete. I think professional.

Starting point is 01:07:14 That's just random, that's just random. But I think that's a game though. I think that's genetics, a part of it is genetics, a part of it is I can't jump 40 six inches, right? So I think that is the luck of the draw. Like Shannon Sharp says, listen, and I understand I was born like this. There's nothing you can do to be as athletic as I am, right?

Starting point is 01:07:27 You've seen Shannon Sharp? Guys are monster, right? What do you think's as hard as that? I struggle to answer that question because I think every endeavor is a business, right? Unless you're an artist, but you're still trying to sell, you still gotta eat. Yeah, but the risk of starting a business,

Starting point is 01:07:47 putting all your money in it, it is so challenging. So Hollywood, let's go to Hollywood. It is so hard to make it in Hollywood. How hard is it? It's easier to get struck by lightning twice in your life than to be a successful working. Okay, so look what you just said, right? The same. Okay, really? Yeah, just said, right? I'm not okay.

Starting point is 01:08:05 Really? So yeah, so let me ask, let me ask you a question. You think Steph Curry, do we have a Steph and Curry without a Del Curry? No. No, we don't have a Steph and Curry without Del Curry. Do we have a Peyton Manning or Eli Manning without Archie Manning?

Starting point is 01:08:20 No. Do we have a Tiger Woods without his father? No, do we have the William sisters without father? King Richard? No, we don't have it, right? Okay. So that's luck of the draw, right? Who your father is?

Starting point is 01:08:32 There's a lot of incentive and benefits that you have with that. But some of these guys that work their asses off to get there. Man, if a guy gets paid a lot of money and yet to do a lot of sacrifice and work to get there, I support that cause for him to make that money. You have to create incentive for whatever is very, very hard or else people are just not going to do it. That's the basic premise for me with taxes, right? I get that.

Starting point is 01:08:55 Whatever is very hard, I want to create that incentive bigger for you. So now, as a government when it comes down taxes, so your your apparent you have kids your A parent you have two kittens. I'm a parent. I have four kids, right as a parent who has kids You know you as a as a parent sit there and say that guy took that pressure off my plate. Wow pretty impressive So how can free market individuals take pressure off the government? What can we do to take pressure off the government to go have to solve certain people's problems so they don't have to do it?

Starting point is 01:09:38 Free market, free enterprise does it. How can free enterprise help the government's job get easier? Make your life easier by charging you less taxes. Okay, so let me go a little bit deeper than that. I think the way the government, we help the government, is instead of that individual that wasn't going to have a job and you were going to have to help him with healthcare, you were going to help him with a benefit.

Starting point is 01:10:00 You were going to have to bail him out. I create a business, I hire him, I get him a job, I give him good health insurance, I give them good travel, vacation, all that. I give them a good environment that is going to develop and work and do good things for themselves. I just took a liability away from the government having to fix that. So essentially, we're now partners in this endeavor, but you took zero risk in that relationship. I took the risk, so I helped you. I, as the institution, say the government sister, says, you, you did that for 88 people.

Starting point is 01:10:32 Here's an incentive. Thank you for doing that. You did that and created 10,000 jobs. You did that. I don't have to do that. Thank you. Thank you for doing this, right? That's the incentive for me.

Starting point is 01:10:43 Anybody that's willing to do that, my hat's off to you because you made the government's job easier. But we don't explain it that way. No. That's what I was just going to say. You guys don't have a good spokesman for this. No, we do not. You're right. You're right. You haven't since the 80s. You're totally right. I told I sit and I listen to some of the stuff. Like, how can you not explain this argument in a better way? So for me, then somebody says they're says, hey, that guy got this much money. Oh, really? Do you have a problem with that? I don't have a problem with that guy. Why don't you go do it if it's so easy? Busted his ass. Okay. Hey, this guy inherited this much money.

Starting point is 01:11:14 Okay, sure. I can understand that. We can talk about that. But at the end of the day, that guy's parents work to give that guy the money. What typically happens when inheritance comes to a guy that never earned it? We know what happens. We don't, we've read the stories, we know the stories. I had a guy on my podcast three years ago and he was working with the Franklin Templeton family. We're five billion dollars and there were 16 kids and he says they came to me and it's an open story. People know about it. So it's not like he told me about this on, you know, on the interview because people knew about the story. He said, the leader at the top who made the money, the one that did the work, he gave everybody money and he gave, made everybody's life so easy. So he made my job so hard because this guy's

Starting point is 01:11:55 job is to work with wealthy families, kids to get them to know he says the same thing that you see happened to everybody drugs, I'll call all this stuff. Okay, that's a complete different conversation. But 83% of millionaires in America are self-made. So we can't say, well, that's what the rich kids, nah, it's not true. 83% of millionaires are self-made and are on 60% of billionaires are self-made. Okay, that not self-made as in didn't get any other help

Starting point is 01:12:16 to help them, it's just the money didn't come from parents to them. So I think the tax program, you have to think for yourself, what do we want to do? How do we want to incentivize? This leads to inflation. When people ask the question, they say, how did inflation happen? Okay.

Starting point is 01:12:33 How did inflation happen? Yesterday, Dinkin sends me a picture saying, hey, should I call you no stradamus or whatever because, shout out to Dinkin, by the way, he sends me this picture and he says, gas prices in Nevada. Okay. Did you see that picture or no? Did you see what the numbers were title? I'm gonna try to send this to you Which mac you I'm gonna send it to VT MacBook Pro okay? So see if you have it to show this okay tell me if it's coming to your know It should come right now you got it take a at this. Okay. This is gas prices in Nevada,

Starting point is 01:13:06 zooming a little bit more. Okay, this is two days ago. 825 for the price of diesel, man. 825, 849, 873, 890. Okay. So, do you know when I watch this, what I say? I'm, it's, it's okay. I'm not affected by it. Me. But you know, I look at this what I say, who the hell can't afford to pay a 25? Hey, son, can you come visit me? Haven't seen you for two weeks mom. You're 18 miles away. It's gonna cost me $22 to come visit you. I can't do that mom. What do you mean you can't come? You don't love your mom mom I love you. I just can't come pay you 22 bucks on gas to come over there, right? So inflation is a byproduct of what? Corporate green, supply and demand, the ebbs and flows of the economy and potential economic policy. So go to the first one. Inflation is a byproduct corporate greed unpack that.

Starting point is 01:14:05 These gas companies don't have to charge this much Okay, so these are doing it because they can Not now. Maybe there's supply chain issues maybe that you know, so then let me ask you this question I don't think so let me ask you this question. How come they didn't do this two years ago? How come they didn't do this three years if you're you're saying to me, if that's the argument where the argument is, they did it because they can't. Well, two years ago, everyone, no one was driving, so they couldn't do it then. Go three years ago. How come they didn't do three years ago? How come they didn't do it four years ago? How come they didn't do it five years ago? I don't know. But, but meaning so that they choose to do it now.

Starting point is 01:14:39 But that's not the argument. Then the argument becomes, if the reason why this is it because of corporate greed, well, maybe they could have done this three years ago, but they didn't, how come they didn't do it then? So maybe that's not number one. Do I think it's on the list? I think for sure it's on the list. Yeah, I'm not sitting here.

Starting point is 01:14:55 That's not number one yet. I think it's on the list. Okay, so, okay, let's go turn another one. I had Andrew Yang sitting right here three weeks ago, right? Good. And we talked about UBI, right? You universal basic income. When he first proposed it, you're like, okay, sit in right here three weeks ago, right? Good. And we talk about UBI, right? Universal Basic Income. When you first proposed it, you're like,

Starting point is 01:15:07 okay, Elon Musk is saying AI is coming. And what you have to worry about is AI and then that one interview with Jack Ma, where Jack Ma's like, I think the human brain is more this and Elon's like, yeah, that's where you're wrong and we disagree. I don't know if you remember that interview. Yeah, it's powerful.

Starting point is 01:15:23 It's very awkward between the two. Elon's like, what are you talking about here, right? Okay. So Jack Ma was not picking up on Elon's joke. No, it's like it's relaxing. It's a joke, guys. Yeah, so no one got it. So Elon's saying that, so you know,

Starting point is 01:15:34 this guy comes out and drink like, well, we're gonna pay $1,000 a month, and here's, this is what Milton Friedman announced. And I'm like, Milton Friedman would say something like this. Dude, that's crazy. So now, I'm gonna be going to do some due diligence. No, no, no, no, Milton Friedman never said and I'm like Milton Friedman would say something like this, dude, that's crazy. So now I'm gonna be going to do some due diligence. No, no, no, Milton Friedman never said just give up money. Milton Friedman had a negative income tax, which means if you're making, you know, if the, whatever income is 40 grand, the average income is 40 grand, if you bust your tail and you make 30,

Starting point is 01:16:01 we'll work to help you out because you earned it. We'll give you a little bit less of a tax, a little bit bigger of a tax cut. So you have to do it. I think the reality is the best thing that can do with taxes. Anybody making less than 40 grand? Just don't tax people less than 40 grand. Just keep a little bit easier for them

Starting point is 01:16:15 to get rid of that part, right? Any Republican comes forward with that platform. It's, you can't beat them. Wait, why don't the Democrats do that? But, okay, I agree with you. So, but the part with inflation now, you be I, you be I didn't work. We just tested it, didn't work.

Starting point is 01:16:30 Because, I mean, the PPP program. The PPP program is. If that was a big, big, leaky bucket, I mean, to who? Corporate, yeah. Of course. So, I mean, fraudsters. There's all these, there's all these charges of money.

Starting point is 01:16:43 There's all these charges of money that got injected into the economy. All these tronches and money they got they got injected in the economy stock market got a couple of hits. Yeah, the corporations all got the PPP and then the people got there extended state unemployment, right? So which of those three is really the poorest policy? Was it the extended unemployment? You could argue that it was because a lot of people were motivated

Starting point is 01:17:01 not to work. I know several who were making more on the unemployment during COVID than they were ever making at their jobs. So that's an argument I could engage with. But I don't think it was just giving out a couple checks of $2,500. Most of that money went to food and gas. Right, I don't think people hoarded it

Starting point is 01:17:21 and are sitting on it today, causing this inflation. But I don't think people hoarded it and are sitting on it today causing this inflation. I don't think they did that. I think that money went back to large corporations. Because what people don't realize is the spending habits didn't change. I can give money to a person. Every time I got somebody that's on the corner asking me begging me for money, you know what I always do? I said, let's go to a restaurant. You're hungry? No, I'm good, man time I got somebody that's on the corner that's asking me begging me for money, you know what I always do. I said, here, let's go to a restaurant.

Starting point is 01:17:46 You're hungry, yeah. No, no, I'm good, man. Oh, okay, I got it. Yeah, so, hey, let's go to a restaurant. I got you. And by the way, some of them that say, yes, I was with T. Conda. You remember when we did this in Dallas?

Starting point is 01:17:55 You brought a homeless guy in my car. I take him, I said, whatever you want. Get, I said, who else was up there? Get them stuff that doubled is to get all of them. We brought him, I get everybody full. Cool, no problem. But what happens if you give drug addict money? Right.

Starting point is 01:18:07 What does he do? You just do the rise more drug? What happens if you buy an alcoholic money? He goes and buys more alcohol, right? What happens if you buy somebody who has no understanding of finances? You give him money. What does he do?

Starting point is 01:18:19 What does she do? They spend it. The money rolls up to the company that has the product that you're spending money with, right? Yeah. So we realize a UBI format does not work in is not the long-term solution until hardcore AI comes in which that's not the case How do I know that report just comes out from Bloomberg okay, and this is what Bloomberg tells us about what just happened with the number of jobs Okay, page three so Bloomberg

Starting point is 01:18:44 says what just happened with the number of jobs. Okay, page three. So Bloomberg says, uh, uh, uh, uh, US job openings rose unexpectedly job openings folks. Can you pull up this article so people can see it to record 11 and a half million people in 11 and a half million jobs. Let me read this one more time. US job openings rose unexpectedly to record 11 and a half million jobs. There's 11 and a half million jobs in America right now. US employers saw record levels of job openings and workers quitting in March, pointing to intensifying labor market tightness that will keep pushing wages higher at a rapid clip. The number of available positions increased to 11 and a half million in a month from

Starting point is 01:19:21 11.3 million in February. Meantime, a series of of high 4.5 million Americans quit their jobs in March. There were 1.9 jobs for every unemployed worker in March up from February. Is there data describing which kinds of jobs became available? Like is it hot girl summer now? No, the kids are just quitting their side hustle

Starting point is 01:19:41 at McDonald's or is it people of all ages leaving the world Here's you that's an important decision, but I what I will tell you this a met when I was Working when I my my first business didn't happen and I went into that 49,000 honors You know what I was looking for any freaking job. So I used to be the top salesperson at ballies Ballies hired me back. We know what position they gave me. You know what position they gave me? No, 4 a.m. Oh Jim. I opened up the gym from 4 a.m. to 12. Can you tell me how many times you've bought a gym membership

Starting point is 01:20:12 from 4 a.m. to 12? Oh, your sales rep? Oh, it was a sales rep from 4 a.m. to 12. Yeah, I used to sell gym memberships. How many people come to the gym from 4 to 12 to buy a gym member? So lunch break or afterwards? That's what it is.

Starting point is 01:20:22 Well, nobody buys it. So it was a way of Robbie to say, here's what we're doing to you. And I laughed at him. I'm like, I know what you're doing. But shit, I'll take that little $6 an hour job that you're giving me, right? What's the point? I just need a job.

Starting point is 01:20:35 I just need to make some money, right? So for me, as much as people complain about, hey, there's no jobs out there. There's plenty of jobs out there. If there's 11.9 million jobs, if you're really qualified and you bring a lot of value to the table to jobs out there So going back to inflation a byproduct of We know putting money into the market of 2.1 trillion dollar stimulus Okay, really only 300 billion one to people 2.1 true what happened to the 111.8 billion?

Starting point is 01:21:03 What'd you guys do with that? Oh, okay? Got it. So you're doing more of this bailout type of stuff? Okay, so you're doing bailout for the bigger companies who are lobbyists, who are helping you with your campaigns and all this stuff. So those are the guys you're taking care of. Make sense.

Starting point is 01:21:15 That's not capitalism, folks. That's monopoly, okay? There's no such thing there that calls for capitalism. If a company screws up and the two big-to-fill companies are about to go out of business, you know what happens? You let somebody else buy them. That's better at operating their own finances,

Starting point is 01:21:30 just like you let Chase buy Womel because Womel screwed up. That's what should have happened with a lot of these Too Big To Fill companies because they're not going to fill. You know when they say Too Big To Fill, what do you mean Too Big To Fill? Or we can't let them fill.

Starting point is 01:21:41 Okay, but what were they worth at their peak? $100 billion. We can't let these guys fail. So what are you saying though? Are you saying today if somebody were to buy and they were worth $10 billion, but they're not worth $10 billion, they used to be worth $100 billion. I don't care, what is the worth today?

Starting point is 01:21:54 Well today they be $8 billion. Well let somebody buy me $8 billion. It's their screw up. That's the mistake they made, right? But too big to fail is a bailout due to lobbyists coming in and saying, if you do this for me, I do this for you. I have Paul Manafort, you know, I a bailout due to lobbyists coming in and saying, if you do this for me, I do this for you. I had Paul Manafort, you know, I called him out on the lobbyist stuff.

Starting point is 01:22:08 They still spell his cologne. Yeah, I said this lobbyist, I said, it's the biggest spinners in America. So so what do you want to do? You know, teachers union, these guys, all these guys, all these guys have some kind of. So so inflation, you sit there and you look at it, like all these policies that you thought were going to favor people and we're gonna help the people you were really helping out, those are the people you actually heard. That's the problem with bad policy.

Starting point is 01:22:28 And again, this is not described in any way from either side of the political fence. I kind of love the opinion that it's two wings of the same bird lately, and the arguments you're making sound actually very liberal, you know, but I know that's not where you stand on the political fence, especially financially. But neither party is engaging in this manner,

Starting point is 01:22:49 this level of truth. Like, these policies help us hurt you, sorry. And both sides don't have a solution that fixes that that I've seen. Yeah, I think my policies are simple. Incentivize the person that takes the biggest risk to start a business, the small business owner. Take care of that guy, because that guy's not taking money

Starting point is 01:23:10 and he's taking the money and reinvesting to the company. Number two, the guys that are coming up to start their own careers, let them keep as much of the money as they can. Forget about minimum wage, get rid of minimum wage, but get rid of taxes for anybody making less than 40 grand a year. If right now they announced which one you have a choice to, we eliminate minimal wage,

Starting point is 01:23:30 or anybody making less than 50,000 dollars, you pay zero taxes. What do you think people choose? I think the latter 50, yeah. I think so too. So then the argument isn't minimal wage. Right. Right. But here's the kicker though.

Starting point is 01:23:42 You'd be amazed how many people would actually say, no, we gotta keep minimal wage because companies were bully. No, going through your market value, make 50K. It's as if you're making 100K, because you ain't paying any taxes. So you get to keep 100% of it, right? So the onus is also on the individual to go get one of these 11.9 million jobs, okay? And the company says, shit, this is great.

Starting point is 01:24:03 This is, I'll do this, no problem, right? Then on the other side with the policies that they're coming out with, dude, stop it. You're playing games with people. Like all these things that you're spinning everything. You know, the numbers came out, I'll read this, Adam, I'll turn it over to you. I have a question for you.

Starting point is 01:24:18 Yeah, go for it before I get into it. So I want to talk about the interest rates, what happened to it. Yeah, maybe before we get into that, I mean, just ask you this question because the conversation we had yesterday with Tyler, we were talking about the Bronx Tale and the famous line with Chaz Ball Monterrey, he says,

Starting point is 01:24:32 see, you know, the working man's a sucker. The working man's a sucker, you know, and Mickey Mantle ain't putting food on your table. And Robert De Niro says, no, the hero is the working man. The hero is the guy that, the workingin' man's the guys that gets up and does the tough labor and does the tough job and shows up to work and each shit and puts foot on the, that's the real hero.

Starting point is 01:24:52 So you as being a former worker, Bally's 4am shift, that's the working man, to being a business owner, explain that. Maybe unpack that from your perspective as a business owner, you could be both, meaning like Matt said, they don't do a good job basically explaining all the risk that the business owner has to basically take on to be that person.

Starting point is 01:25:16 Sitting on them job creators, little. Yeah, like billionaires and the millionaire class are villainized in this country because they're so wealthy. But the way that you put it is like, yeah, well, you want to go create 10,000 jobs? Have at it. That's less work that you have to do. This reminds me of the video of that,

Starting point is 01:25:33 I don't want a trans looking guy who was like, I don't have a job. How does it feel that you guys are the ones that are paying my bills? I don't have to work. Ah, you guys are the suckers. So overall, this is just an overarching question of the working man, the unemployed man,

Starting point is 01:25:51 the leech, the welfare queen, the incentivizing the job creators. I think that some, one of the things that I've learned just sitting next to you being the job creator, being the entrepreneur is, yes, we do need to incentivize the people who are creating the jobs. Yes, the working man is the hero,

Starting point is 01:26:12 but the only way that they are able to be the hero is because the job creator created the job. Here's the thing, let me ask you a question. What do I do without the Tyler? He's chosen to do this job. He does a good job, right? So Tyler gets a Tyler. Did you get a raise like Yes, sir. Yeah, thank you By the way by the way, by the way, 50,000 tax bracket by the way he earned it. Yeah, it's not like I did him a favor He earned it. Right. He worked his ass off and he brought okay, great. So we're having a Working man. Yeah, so somebody comes in and you know, we had this meeting last two days

Starting point is 01:26:48 What did you say the best we've ever had we've never been the teams never been this good? Yeah, your words Yeah, correct. Yes, sir. So what happened? It's the attitudes on how we're working together, right? There's no way you can build a big company and Abuse employees it doesn't work the big company and abuse employees. It doesn't work. Eventually, sums happen. Eventually, sums gonna say, hey, what the hell you doing? And either somebody goes elsewhere or you fire them.

Starting point is 01:27:13 Or they form a union like in the case of Amazon. Or they form a union like the case of Amazon. It was Alabama or I don't know where they started off but in going through that. But you're right. But to go to that, we have to question question every policy and ask who is this really hurting? That's what we have to ask. Who is this really hurting? We have to mix it up a little bit man The angle we're taking right now is not the best angle we're taking. We're sitting we're thinking like the other day

Starting point is 01:27:36 So give you a crazy story. I share with us with you yesterday. I come home Tico and Senna get into a big fight. Okay, and Tico is 10 years old, she's five years old. And he gave her one. Okay, pretty solid. So he doesn't want to sit down, talk to me upstairs. So finally he comes downstairs, he knows he has a conversation with me. I said, so what happened? He said, well, some people are just sometimes annoying. And you know, this is what happened. I just said, so let me ask you, you don't think you're annoying to others. You don't think I'm annoying to you You don't think mom's annoying sometimes. You don't think nannies. You don't think papa's a role annoying sometimes So what do we do every time somebody's annoying?

Starting point is 01:28:15 He says, but you're not annoying to me. I said I'm not a no you're not a no. It's about mommy No, mommy's not enough. I said somebody was annoying. I'm okay fine So he's not like the essence so I said okay So let me ask you one day you you're married, you got kids. Your 10 year old son does the same thing you did to Senna. What would you do to your son? He thinks for like 15 minutes. Like, he's thinking, he's a thinker guy.

Starting point is 01:28:35 And he comes out, he says, I don't know what I would do. I said, okay, do you think he deserves punishment? Yes. I said, what kind of punishment do you think he deserves? He thinks for five minutes, he's a very smart guy, he says, I don't know. I said, well listen, I'm gonna he deserves? He thinks for five minutes, he's a very smart guy, he says, I don't know.

Starting point is 01:28:46 I said, well listen, I'm gonna give you the opportunity to choose your punishment, because for me, my may be worse than yours. So how about you choose your punishment? So he's like, this is tricky here. So then he says, I think one year of not picking movies and three months of No Ipad, he went to like here. Like, he didn't play wrong, he gave him a...

Starting point is 01:29:03 I wasn't gonna go there, right? He knew we did something wrong, just. So then I'm like, I'm like, okay, it sounds good. Then he's gonna go she ate it. Yeah. So then he says, you know what? I'm just gonna go to sleep. I said, okay, go. He says, okay. No, I don't want to go. I said, dude, what do you want to do? He says, what's my punishment? I said, let me think about it. He says, no, I want to know tonight. I said, okay. So I think for five minutes and I said, if I punish this guy,

Starting point is 01:29:31 I'm just showing him that there is no such thing as forgiveness. So then that means he's not learning to forgive his sister and his brother. So what am I really teaching this guy? Okay, I'm gonna change it up tonight. So I said, Tico, my dad's sitting there, Dylan's sitting there, Dylan's like, what's going to be his punishment, right? So it's a tick. I'm going to confuse you today with punishment. He says, what's that? I said, I'm not punishing you for anything. You can watch I pay, you

Starting point is 01:29:59 can watch your TV and all that stuff. He says, wait, what? I said, yeah, this is why are you doing this? I said, because I'm hoping that you take this as a value to strengthen our relationship, to know how much I love you, and I want to establish trust with you, and I want you to also forgive your siblings when they screw up. Is that a deal? He said, yes, let's shake on it. Shake sound. So you committed to this? I'm committed to this. I said game. So I come home yesterday. It's late. I'm have to shoot that video. I'm off as they show up.

Starting point is 01:30:30 I'm like Dylan, how was Tico today? Great. Tico how are you today? Great daddy. Awesome. I don't know if it's gonna work or not. And if they're gonna get to punching, you know, fight a week or two, it's probably gonna do it anyways, right? But I think the approach we take to punish every rich or every this or every that, I think we have to change our approach

Starting point is 01:30:49 because we're not understanding that person's story. You know, at first I'm Jennifer had a baby, with Tiko, I said to him, like, what was this all, I could never do this. Salute to mothers out there, right? Because now I see the pain of what mothers see their kid in a different way than a father does, right? It's a different kind of an experience. I think to sit there and just judge everybody and say well these guys are rich and that guys are doing

Starting point is 01:31:10 Disguised are doing so and that guys lazy and this guy's a I Think it's caused us to have a lot of big problems and we need to Reshift how we view these guys we have to recalibrate who the real hero is so the kids know who to look up to when they grow up And then from there, let the market decide what they're gonna be doing. But I don't think the approach we're taking right now is working. Gas prices right now, 840 and Nevada,

Starting point is 01:31:30 that thing's gonna go to 10 bucks. It's gonna go to 15 bucks. It's just gonna hurt the low middle income. The interest rates, they're spiking it up to whatever they raise at a half a point this week. Who do you think that's gonna hurt? You know? Who do you think that's gonna hurt?

Starting point is 01:31:42 Maybe the 401K and a mortgage. Everybody would have 401K in a mortgage. Mortgage. Where is that story, by the rates? Okay, Fed raises rates by half a percentage point. The biggest hike in two decades to fight inflation. It's a CNBC story, page 3. Okay, so the Fedor is the one with the raised, it's a benchmark interest rate, half a percentage

Starting point is 01:32:03 point. The most aggressive step yet to fight against 40 or high inflation. Inflation is much too high and we understand the hardship is it is causing. We're moving expeditiously to bring it back down. The federal chairman Powell said, the American people, he noted, the burden of inflation on lower income people saying we're strongly committed to restoring price stability. Okay. By increasing by 50 basis, but along with the move to higher end rates, the central bank for saying we're strongly committed to restoring price stability. Okay? By increasing by 50 basis,

Starting point is 01:32:26 but along with the move to higher end rates, the central bank indicator will begin reducing asset, holding on its $9 trillion balance sheet, the Fed has been buying bonds to keep interest rates low and money flowing. Okay, so what does this mean? Here's what it means. What happens rates go up to 5%.

Starting point is 01:32:41 Can you go to mortgage calculator? Just go mortgage calculator. Okay, whatever you got somewhere there. All right, so when a person buys a house, they buy house based on what? Loan amount, interest rate, or payment on a monthly basis. People buy house on payment, right? They say, I can't afford three grand a month. That's how the decisions made. Okay. All right. So at go to six, go to $700,000. No, go to 700. Yeah, keep going. I'll keep going. Make the payment $3,000. Okay. At 3% and my budget is three grand a month, I can get a $727,000 loan.

Starting point is 01:33:19 Okay, because my payment is three grand a month. Interest rates next year are gonna go six plus. So go to six percent, just change that. That's all you need to change. Put six there, right? Boom. Now it went to four thousand, thirty six. But let's bring it back to three thousand dollars. So three thousand dollars, the only loan I can now afford

Starting point is 01:33:39 is what? Five thirty nine. It dropped two hundred thousand dollars. So somebody may say, well, what does this really mean? It means two things. Home prices are about to drop 10 to 30%. Okay. And people buying homes,

Starting point is 01:33:54 mortgage and real estate industries are gonna get hit very, very hard. Okay, it's natural, this is gonna happen. And folks are gonna sit there saying, what the hell do I do? Cause I can still only afford what? $3,000 a month. Rent control, hang on a change.

Starting point is 01:34:09 Rent's gonna go stay the same, if not even go higher. Because when shit like this hits the fan, guess what renters do. They say, well listen, you can't afford by house anyways. So you gotta pay 10% more rent. So rather than you rent being $3,000 a month, it's $3,300 a month300 month, inflation comes back and hurts to people that we wanted to protect initially.

Starting point is 01:34:31 So we make a decision that sounds good and we're heroes today, but we hurt them two, three, four, five years down the line and we're feeling it today. And by the way, as ugly as it is today, it's gonna get very ugly in 2023 and 2024. It's gonna get hit very hard. It's coming, 128 months of economic expansion.

Starting point is 01:34:48 So what are your thoughts on this? Well, I mean, I'm no financial expert. As soon as my whole life, I've never, I've kind of been allergic to money. And I don't know if I inherit that from my father. He was a lawyer, but never built his clients. We grew up pretty poor. And everyone's like, you're rich, you're your dad's a lawyer.

Starting point is 01:35:05 It's like, yeah, why do people keep saying that? Come to find out, he just was an altruist and it was terrible with money, didn't build his client. So, but as somebody who now has to make money and has to pay a mortgage, I've seen these ebbs and tides fluctuate all the time. It's harder some years, it's easier other years. I think it's got

Starting point is 01:35:25 to balance out actually, interestingly enough, and not just because I was playing him in parody at the time. When Romney was against Obama and the financial situation, I just watched the big short again on the plane ride down. Sick movie. Yeah. Adam McKase. Story Same movie. Yeah. Second and none. I was thinking, you know, Romney was probably going to be a better choice because then the banks are kind of going to chill out and loosen up and the money can start coming in. Simply because a lot of this, a lot, I think a lot of the financial fluctuations have to do with who's in office, who's looking out for who?

Starting point is 01:36:04 Again, the lobbyist and who's helping each other at the highest level. Now, I've also been warned that the Fed's gonna raise interest rates for a long time. It's been a long time since they had. I don't see this as something that's insane. If it goes up and up and up and up, yeah, we're gonna have a bigger problem,

Starting point is 01:36:21 but I don't think it's going to really, I don't know what difference it's gonna make at this I don't know what difference is gonna make it this point. I mean, in a negative way, it's gotta get better. Inflation has to come down. Oh, no, no, don't get it. Twist, you don't think that the interest rate hike will bring inflation down, you think? Oh, no, it will, I think it will.

Starting point is 01:36:37 Here's why I think, because I also thought that uncertainty would have taken gold to 5,000 and gold never moved. Okay, so there's a lot of triggers that historically, if I press this, this goes up, right? If I press this, this closes. A lot of those things that historically have worked together, it was completely out to question, didn't COVID.

Starting point is 01:37:04 Like wait a minute, right? Gold is supposed to go up, gold state flat, Bitcoin went here, you know, rates like, hey, so I don't know what's going to happen, but I will tell you, he has to do it. He can't keep the race that down. I don't know why they've kept the race that down for that long. That's the question, right? I don't know why they've kept that down for that long, but at the end of the day, the only reason he has to do it is because there's

Starting point is 01:37:25 inflation. The only reason we have inflation is because we print away too much money. The only reason we print away too much money is because we listen to everybody complaining way too much. The only reason we listen to people complaining too much is because we try to please the people to win votes and win elections and then boom, this is a ripple effect. So everything is a ripple effect and back again and back again. So unfortunately that's the way we have our election process. Our election process is by people getting

Starting point is 01:37:51 up there and putting the fear and voters to win their votes whoever's able to persuade the best and you can even use the word manipulate to get people to realize and create a massive enemy. Hey, then we're going to go to XYZ for you, but then the same people that voted for that policy end up getting shafted. That's just how this thing works. And we have to get a little bit more deeper to, you know, like, hey, you know, I want to buy some Roblox, dad. Okay, you want to buy Roblox? Yeah, go bring your money. I'm paying for it. Yeah. Okay, I'll buy all of it. All right, spend all the money on Roblox. All right, that I want to buy this. Go use your money. I ran out of money. Okay, I don't have it. Right. But, but dad, I didn't tell you by row blocks, you chose to row blocks. You were happy for two weeks when you bought all

Starting point is 01:38:32 the row blocks. How can we not happy now? There is consequences, man. And we're not talking about consequences. Fortunately, financial literacy is now becoming more and more required in certain school systems. My daughter goes, we go very nice public school system by design. And I'm going to take it with her this summer. She's got to take a financial literacy. Awesome. So I'm going to take it with her this summer. Sick, yeah.

Starting point is 01:38:54 Just to get in. I love that. But you're right. I mean, a lot of it is cultural. This generation, they call it the helicopter parenting. Or I like to say, whenever one's special, no one will be the participation trophy generation. And it hit on a point there with talking about your kids

Starting point is 01:39:13 asking for stuff. We gotta learn as a people, because we're in a capitalist system, whatever the policies are gonna be, it starts at home. Financial responsibility starts at home. Financial responsibility starts at home, and I think there's a lot out there where finances are the product of something beyond me, right? And that's got to probably change as a culture. As a culture. Where are you at with the center? Yeah, I'm processing all this, I'm listening.

Starting point is 01:39:42 You're the money guy. I mean, I think, well, ultimately ultimately it comes down to doing the hard things and having the tough conversations and looking deeper down the surface like we like these types of things are essential to understand if you're going to be living in a capitalist society, living in America, but back to our initial point, it's much easier just to watch the Amber Her, Johnny Depp's story and just kinda, yeah, what's going on with that? Well, sure, in your spare time,

Starting point is 01:40:11 but work is different now than it ever was. Yeah, but work is not, it's not, what we're gonna say. No, it used to be you go to work, you get a salary, you knew your salary was, you knew what your annual budget was, all that's off the table for the most part today. Entrepreneurship is more and more important. The whole nature of a side hustle as a positive is weird to me.

Starting point is 01:40:29 You need two jobs. You want a second job if you're trying to get ahead financially because your first job doesn't pay you enough. Now it's almost essential that both couples work, both members of the parents have to work. One probably has two jobs. That's weird. So what's that from, though? So then years and years and years of maybe financial disparity

Starting point is 01:40:52 between the rich and the poor, I don't know. Can you pull up shit, like a cost of college tuition? Oh, that's a cost. Over the years, right? I thought it was looking at college. Because when we look at the cost of college tuition, I'll. Right? It's looking to college. Because when we look at the cost of college tuition, I'll just trigger it now. Oh, right now.

Starting point is 01:41:10 Maths getting triggered. But think about that. Of course. Because when you look at the cost of college tuition, can you go to Twitter, the one I posted where I showed the numbers of what's happened to cost of college tuition? If you go a little lower, you'll say, I put up a bar. But here's what happens with how cost of living has increased. When it comes down to college debt, they're talking about writing after debt, right?

Starting point is 01:41:35 It's like, hey, forgive everybody when it comes down to college debt. In the college debt situation, what individuals are involved? Let's go through it. Number one is the institution, which is what? The actual college, right? Two is the student who's involved in that relationship. Three is the parent who's involved in that relationship. Four is the government that's involved in that relationship. And then let's put lender there.

Starting point is 01:42:03 It could be the same, but it's involved in a relationship, right? So we have what? We have the institution at the top. We have the student, the parent, the government, and the lender, right? If I said it correctly, right? Those five people that are involved. Okay, so college used to be very cheap. Wasn't that expensive, expensive right if you look at that right there That's the college tuition inflation since 1980 according to CPI actual inflation College tuition is up 1184 inflation is only up to 28 who the hell let these guys do this Now if you look at this 220 versus 1184

Starting point is 01:42:45 Go go a little bit lower on the tweet by the way go a little bit lower on the tweet just get back and go to the following stuff that I say below it Yeah, so average salary in 1980 was 21,200 average salary in 2021 is 51480 It's up only 142% yet college tuition is up 1184% how am I supposed to keep up as a parent? Right. So when did this change? Here's how it changed.

Starting point is 01:43:09 Do you ready folks? Here's how it changed. The moment the government said, well, help colleges out with your student loans. It became a business. Colleges and a government teamed up together. Then colleges had no limitations on what they could charge. They say, we're gonna charge this much,

Starting point is 01:43:27 no problem, we'll lend it out. We're gonna charge you, no problem, we'll lend them out. And the government said, hey, you can't write off your student loan, you have to pay for it, but I can write off all the other debt. Yeah, so you were against slavery, now you just turned me into slave. What happened there?

Starting point is 01:43:41 Why are you doing that to me? I can't pay these payments. Oh, but it's for the good of your future because a degree is gonna change your life Or really most people get a degree don't even work a job that has to do anything with that degree What the hell do you mean is for the betterment of me for me to get so they created a monopoly for colleges Colleges took advantage of that because colleges are the ultimate capitalists by the way no right off Tax advantages. They have the biggest loophole in America, Harvard sitting on $40 billion of cash and

Starting point is 01:44:11 down. And they can literally for the next 100 years not take a penny from their students and they will still have money, 100 years from now, with the amount of money that they got in the bank. But what do we do? Who paid a price? You know who paid the price? You know who paid the price?

Starting point is 01:44:24 Not the institution, they won. Not the institution, they won. Not the lender, they won. Not the government, they got reelected. You know who pay the price? The parent and the student. That's right. And over and over and over. So when they're like, we should forgive the debt.

Starting point is 01:44:38 Why forgive the debt? Why put the right off on everybody else? We should forgive it. No, no. Before we forgive it, I'm open to forgiveness. But step number one, let's go get colleges to kind of catch back up to CPI 228, which means to be at 228, you know what the average college,

Starting point is 01:44:55 you know, annual, like, you know, what's the annual tuition for Harvard right now? 55 gram 56 grand? More than that. Harvard would need to come down to $11,000. And then let's forgive it. Do you know what I'm saying? So why don't we bring it back down to Harvard's what? It's academics $51,000. What I've financial aid, $49,000 a year earlier, one room and board and other

Starting point is 01:45:15 fees brings it up to $74,000. And during COVID, they asked, Hey, since you're doing everything on Zoom for the degree, can you lower the price? What did Harvard say? Nope. Same exact price. Now you're telling? Nope, same exact price. Now you're telling me that capitalists are greedy? I don't see anybody more greedy than these college institutions. I think you're absolutely right. Shh.

Starting point is 01:45:32 I got a full tuition scholarship to the Boston conservatory and I had to come up my own room and board. I work studied. My grandfather helped me out a couple hundred bucks here and there. But that was my option. Is either scholarship or no college. I just paid off my 40,000 in student debt a year ago. No shit. That was the last thing I had. I paid off my time share and like three years. I paid off all these other things. But I just kept that college debt. What year

Starting point is 01:45:56 did you graduate? 95. So that's almost 27 years. Almost 100. I was a month going to Sally May. Well on average it takes 18 to 20 years to pay off student debt. That's the average. I deferred from time to time. Okay. Well, there you go. Starting out. Yeah.

Starting point is 01:46:12 That brought it way up. But yeah, I mean, it's insane. It's just one of these bills. And it is the entree into the middle class. That said, however, I think we're going to see a massive backlash. I think, well, first of all, a lot of kids are going to look at the situation today. Their kids, I know a kid in my town has got a 4.68 GPA. Couldn't get in any of the schools she applied.

Starting point is 01:46:28 It's insane. How's that possible? Well, there's a whole Northeast bias now. There's colleges, it's a big story. New York Times ran a big thing about it. Now, it sounds like, wow, you couldn't get into your school. You gotta go to a lesser school. To an extent, they're right.

Starting point is 01:46:40 And you can argue, arguments have been made. That's it. Going into a lesser school is better for you. Like if you go to Harvard as a doctor, you're in there with the best-am doctors. So you come out as like fourth best doctor. You're not happy. You go to Ithaca College, you know,

Starting point is 01:46:53 you're the best doctor there. You have a great life, great career because you were the best doctor. Big, big, big school. Yeah, yeah, yeah. So I think we're gonna see a lot of that. I think college is, the backlash is gonna be real. We're letting a lot more international students too.

Starting point is 01:47:04 That's a big part of it. But also you have now this whole generation being raised on Instagram, learning, you can become a millionaire without having to go to college. Correct. You know, there's all these hacks, these financial hacks, these career hacks. So is it more on the student or is it more on the parent? Because when I was 17, 18 years old

Starting point is 01:47:22 applying for college, dude, I couldn't tell you what the hell I wanted to do with my life. I couldn't tell you what the hell I wanted to do with my life. I couldn't tell you why I wanted to go to college just that I just knew that it was almost robotically the correct thing to do was to go to college. And it is to get a middle class job, but today you go to a state school for almost free or free.

Starting point is 01:47:38 A lot of states now have programs where if you go to school and it's a community college, state college, it is free. There are state programs that loan forgiveness is already happening at a state level. So ultimately what we're not talking about is the concept of college or the concept of a higher education. I think that's invaluable.

Starting point is 01:47:52 I think that's important, not necessarily for your IQ, but certainly for your EQ. I think I learned more about networking and who to hang out with and who's got their thing going on and who to hang out with and who to maybe invite to the party. So like, I think I learned more of that in college than I did in a certain class or two,

Starting point is 01:48:11 but ultimately what we're talking about is ROI. Return on your investment of the amount of debt or the amount of cost that you're paying for college. You can get it for free. I think it's a no-brainer. Would you disagree? Yeah. If you can do what to do. If you get college for free.

Starting point is 01:48:24 If you get college for free. Nothing is free. No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, Yeah. If you can do whatever, if you can call it for free. Nothing is free. No, no, no, no, no, no, no, no, I'm sorry. I'm not saying that. To it, like how if you pay for it. If you get free to it, you go to a state school. You're paying the teachers, you're paying the scholarship. I'm sure I'm paying the scholarship.

Starting point is 01:48:35 I'm paying for the room and board taxes. Yeah, exactly. So it's not free. And just to clarify what Adam said really quick, is the taxpayer should pay for you to go to school, not to improve your intelligence or learn anything new but so you can party and learn how to network and get a little check off that says you went to college.

Starting point is 01:48:53 Well, if you're holding the college is accountable for providing education that you're supposed to provide, then you could argue that it's for the betterment of society in general, but that gets to the evil word socialism, which we can't utter, you know what I mean? But again, the colleges aren't teaching kids what they're supposed to be learning, right? You've seen the stats where the education level is easier and easier and easier to pass schools now, right? At almost every grade.

Starting point is 01:49:17 They're catering to the students, not the needs, right? Like I think there's everything wrong, not everything, but so much wrong with the idea that you have to go to college to make yourself in life. It's like, no, dude, go learn a trade. Well, if you go learn to be a one-merchant, like you say, there's hacks. You can start your own business. Hell, look how many people are millionaires on only fans. Like, they're entrepreneurs.

Starting point is 01:49:37 I don't agree with you. I'm not saying that. But it's like, it's like, it's starting on that. This idea that everybody has to go to college to make it in life. It's absurd. And to that point, you are seeing a huge backlash to this. I mean, people are realizing the college is a scam. I mean, it's just not worth it. 70% is a waste of time.

Starting point is 01:49:53 30% stem, or if you got a sports scholarship go for it. 70% of it is a waste of time to go to college. And a few, the schools right now, it's crazy, you know, in our community, a lot of these guys are guys that have money, and a lot of them are banking on Vanderbilt over any of the, you know, Ivy League. It's like Vanderbilt, as we're there looking at them. I'm like Vanderbilt, interesting.

Starting point is 01:50:18 So Penn comes up, Vanderbilt comes up, Duke comes up, some of these guys come up, but some of these guys that are Ivy League in the direction they're going, yeah, I think this whole system's broken when it comes onto college, and if we wanna write off the college yet, I'm fully for it, but let's first lower the tuition

Starting point is 01:50:36 by 80% and let's write that, and by the way, I'll pay for, increase my taxes a little bit, but first, let's change that from $51,000 to Harvard at $11,000. Right. Let them also pay a little bit of the price, because they're breaking the backs of parents that are bustin' their ass, two, three, four jobs to be able to say, I sent my son to a good school and I paid for it.

Starting point is 01:50:55 No, bro, it shouldn't be that much money. That should be $11,000. Agreed. Okay. So, next story, let's talk about this, a rovy wait, which is, which is, you can't turn on the news without seeing this by the way. It's pretty ugly and something that's been going on for a while. It was a concern when Supreme Court justices were chosen. They kind of knew this day was coming. It's officially here. So Roe v. Wade, uproar McConnell calls for prosecution of Supreme Court leaker, upro McConnell calls for prosecution of Supreme Court leaker, Senator Majorly Leader, Mitch McConnell called for the Department of Justice to investigate and pursue criminal charges

Starting point is 01:51:30 against those responsible for leaking draft Supreme Court decision that would overturn Roe V. Wade McConnell went on to rip his Democratic opponents for politicizing the court and repeatedly using leaks and an attempt to force changes. McConnell's comments after political publisher leaking leaked the draft copy of Justin Samuel Alito's decision in an upcoming ruling on a Mississippi abortion law, the ruling if adopted by four other justices would overturn rowy rowy row V Wade, which legalize abortion nationwide in 1973 Supreme Court Chief Justice direct Marshall to investigate leak, calls out to gracious, preach of trust. Anyway, this thing's going all over the place.

Starting point is 01:52:11 So what are your thoughts about what's going on here with this story? Well, I think it's a travesty. I think Roe v. Wade was established law for 50 years, in my opinion, and maybe on paper, I know it was never codified as federal law. I don't think for a second that the problem here is the leaker. It's very telling that McConnell is going after the leaker rather than perhaps having a conversation about the three justices who said in their hearing that they would not overturn this ruling.

Starting point is 01:52:44 Those are three acts of perjury. You could go after just as much as this leaker. I am four women's right to choose because I am not a woman, so I cannot possibly fathom what it's like. I know there are arguments to be made that shouldn't be a part of the conversation. But it is, who benefits from this? You have a base of Republicans and their voter base who are Christian, and that's a very firm belief.

Starting point is 01:53:13 My brother's very anti-abortion. He's a staunch, staunch Catholic. It was a Republican lawmaker for a long time, but also a never-trunker. So there's all kinds of shades there. But it strikes me that this is a cudgel that is an overwhelming distraction. I don't think it's gonna make it all the way.

Starting point is 01:53:33 It is distracting us from bigger issues, which we seem to be ignoring at our peril, like climate change, in my opinion. And once again, it is just, I don't know, it's so hard to talk about because it's, go ahead Adam, take it. No, it's clearly no correct answer. And there's, if you don't want an abortion,

Starting point is 01:53:58 don't have one. No, what was interesting, we talked about this when we were in the old office and you said, well, when should you have an abortion? I said, yeah, well, you know, you should have up to X amount of months is what I said, oh really? You think that long, five months, whatever it was.

Starting point is 01:54:13 I said, let me actually go around the office and I asked everyone, every woman in the office and then I started asking men, okay, when should an abortion be okay? You know, well, six weeks, 12 weeks, 15 weeks, they get all these different answers. Yeah. And I remember just getting different answers from everybody. I think we can all be in agreement that there's the first, second, third trimester. You should not be able to have an abortion during the third trimester.

Starting point is 01:54:40 That's essentially what everyone was comfortable saying. Sure. During the first trimester, people felt very comfortable saying, well, in the first 10 weeks, 12 weeks, yes, that seems very reasonable. The gray area is basically that 20 week mark, right? Where the baby is four to five months old, is it a life? Is it not a life? That's the deeper question.

Starting point is 01:55:06 But even in, there are cases in third trimester where an abortion is a medical necessity where you have to choose between the life of the baby and the life of the mother. Imagine having to make that decision. I mean, there's this post going around Instagram right now that's really cool. I'm not pro-murdering babies. I'm pro-becky who found out at her 20-week anatomy scan that the infant she had been so excited to bring into this world had developed without life-sustaining organs. I'm Pro Susan, who was sexually assaulted on her way home from work only to come to the horrific realization that her assailant planted

Starting point is 01:55:35 his seed in her which she got a positive pregnancy test result a month later. I'm Pro Terisa, who hemorrhaged due to a placental abruption, causing her parents, spouse, and children to have to make the impossible decision of whether to save her or her unborn child. I'm pro-cathed. It goes on and on and on in all these cases where this ruling is barbaric.

Starting point is 01:55:56 The thing that, as three men talking about women, whether women should have an abortion, I think is almost ironic. However, I also think it's a very ironic that what percentage of Congress people are men, 95% and they're the ones making these decisions of what a woman should do with her body. And they'll have plenty of access.

Starting point is 01:56:17 By the way, if they are their daughters, need the abortion. But the whole thing, they'll have access. Look, shocker alert, we're not gonna solve this issue on this podcast today, but on one camp during COVID, I don't tell me what to do with my body. I put whatever I want on my body. Don't tell me what to do. It's like, well, that's sort of the abortion, the pro-choice mentality is, don't tell me

Starting point is 01:56:40 what to do with my body. Well, you're murdering someone. It's just, it's such a hard thing to answer that it's a constant conversation. It's going to constantly be with the, basically, where the courts are situated right now with a conservative justices. It's going to be a situation. This brings us back to the conversation we were having for weeks and weeks and weeks is Biden going to pack the court. You never hear anything about that anymore, but this is going to be a constant. It's minority rule is what it is. 68% of the country is in favor of access to abortion care. It's like with the guns, 90% of people

Starting point is 01:57:16 want stricter gun laws. The representatives are not honoring the will of the people. Okay, so real quick, a couple of points here. One, the rape and incest case of abortion is less than a tenth of a percentage point. Okay. Okay. So now I don't disagree. You guys are doing your debating on row, right? So what happens if rogue gets overturned? It's federally illegal, but it takes it back to the states, right? The states get to decide. So, so you asked who benefits from this. My stance would be that democracy benefits for this because everybody broadly agrees, even Ruth Bader Ginsburg said that that row was wrongly decided that it's a bad legal

Starting point is 01:57:56 precedent, it's a bad case. It's possibly the worst case in the history of the court. The way it was decided, nowhere in the Constitution does it say anything about abortion, and that's what the court is there to do is to interpret the laws, right? So what decided, nowhere in the constitution does it say anything about abortion. That's what the court is there to do, is to interpret the laws. What happens if Rogues overturn? Then the people can put it up for a vote. They can vote out in Congress. You can vote to make it federally legal.

Starting point is 01:58:16 Why is it that we have nine justices in these cloaks and robes raining in their decision for the rest of the country. Right? You asked who wins democracy wins. If Rogues overturned, the people should stand up and vote. And they don't think democracy's winning, though, is the thing. I think it's the opposite. I think we're, again, minority rule.

Starting point is 01:58:35 I get your point. And it's a good one. And I'd be interested in reading that Ruth Bader Ginsburg quote, because I think it's a little deep in that. If you could pull that up to be great um... but uh... you know bring it yeah yes you're right if we can get if we can decide then as if congress

Starting point is 01:58:53 uh... honored the will of the people we would have a them a democratic debate about the subject no and i think i think that's absolutely the point here is that it's not up to these nine justices to have passed it in the first place i think in this speaks to a broader point of the Warping of the power that the court has taken over that they just get to decide off whim what is and isn't federal law Right, so it's like I think the best thing that we can do is have a debate on this case and let the people decide and as you say Let Congress agree and listen to the will let the people decide and as you say let Congress agree and listen to the will of the people because we need to get back to some form of that and give the people

Starting point is 01:59:29 a voice again. But there they're there stands that it's because it was never mentioned in the constitution doesn't mean they can rule on it. There's a lot of things that we have laws on the books for that are not mentioned in the constitution. Transportation being one of them, you know what I'm saying and that we have all kinds of federal regulations regarding transportation.

Starting point is 01:59:46 So that's just a weird take to have as a Supreme Court just as well. You know, it's not in there, so we can't, we have no say over it. It's just weird, I don't know. What you got Pat? Yeah, man, we've been, I don't know. I'm, by the way, here's what I'll tell you,

Starting point is 02:00:04 when it comes on to guns, right? Okay, I live in California, I live in Texas, and I live in know. And by the way, here's what I'll tell you. When it comes down to guns, right? Okay, I lived in California, I lived in Texas, and I lived in Florida. Okay. And California, I went to buy gun, and I went and bought a shotgun and a rifle. Maybe I bought a semi, I don't know what I bought over. About a few things.

Starting point is 02:00:19 Due to the background check, took me 30 days to be able to pick up my stuff. I don't know what the timeline was, but it was a minute. I couldn't get it that day. Could have been a week, could have been timeline was, but it was a minute. I couldn't get it that day. Could have been a week, could have been 30 days, but I didn't leave with the stuff that I bought that day. Fine.

Starting point is 02:00:30 I went to Texas. In Texas, I went to a store and I bought an M4. I think about two of them with the magazine, with all the stuff. Walked that five minutes later. Took it in my car. By the way, when you did my interview, I opened up to say, you saw my M16s, you're like,

Starting point is 02:00:46 oh, this guy. I'm just, I got it. I'm just a military guy. I've never been around one that big before. So I opened up, I'm like, oh, so here's what I did, okay. So you come over here, you know what I like? I like the fact that a person, if you don't want

Starting point is 02:01:00 to have people get guns early, move to California, or run for office in your city and state, and go help change the laws, go help in that state, get people behind, you get a strong argument, get either get behind somebody, or you go do it, right? If you think a guy's gonna be good against the Santas, and you don't want the Santas to be reelected, because he think Florida's going in wrong direction,

Starting point is 02:01:24 either find somebody that's gonna be the Santas, or go't want the Santas to be reelected because you think Florida's going in wrong direction. Either find somebody that's gonna beat the Santas or go move to California or New York. It's your choice by state, right, to do that. With this argument here as well, the same happens because, you know, those stories you read, I mean, I've read both sides of this story where, hey, look at all these great innovators that their parents didn't get an abortion,

Starting point is 02:01:44 they almost started by getting an abortion. How about that? How about this person that was gonna be the president and parents I won't point out about getting an abortion? And you read those stories like, what does the world look like without those people? Oh my God, I can't even imagine world without these guys. So how many stories are there that the mom and the dad

Starting point is 02:01:58 at one point thought about getting an abortion and that person ended up becoming great? So who's right on left and the right? Oh my God, but this person got raped and says, okay, it's a very, very, so the exception to the rule, which is very small percentage. They throw those arguments up and it gets people robbed up, right? So then you go to the other side and you say, okay, your body, your choice. Yeah, how come you didn't say that two years ago? How come you just said that last two years, which is kind of what you were talking about? Why the hypocrisy?

Starting point is 02:02:25 So you're then noticing the level of hypocrisy on both sides that comes out with arguments like this and the lack of consistency, and you see leaks in arguments. You only want your body or choice when it favors you, but you don't want your body or choice when it doesn't favor you because you want everybody to take the vaccine.

Starting point is 02:02:43 What happens to your body or choice? That's my body. I don't want to get the vaccine. You better get it, you don't care about my health. Dude, it's my body what happens to your body or choice? That's my body, I don't wanna get the vaccine. You better get it, I'm gonna tell you, don't care about my health. Dude, it's my body, I'm gonna do whatever I wanna do my body. Why are you forcing me to do it? And then, the part that I have a challenge with in regards to abortion is, I don't wanna pay for it.

Starting point is 02:02:56 If you and a God had sex, unprotected sex, nobody told you to not use a condom, you chose these. I feel better when I have unprotected sex. No problem. It's your choice, I don't care. I'm just not paying your abortion. You pay for it. You want to get an abortion?

Starting point is 02:03:08 You go and pay for it. I'm not going to pay for it. I didn't have sex that night. I didn't feel good when you had sex. You had sex. I didn't feel good. You had sex. I feel good for you.

Starting point is 02:03:16 I didn't get any of that joy while I'm getting to paint. So let me get to straight. I didn't get that great feeling of sex where you get for the last however long of it. And I'm supposed to do the bat, you know, pay the price for the bat part that you don't want to pay the 500 bucks whatever the numbers. I don't want to do that. I don't want to go through it. Everybody in their family says a private abortion story. I have some. I'm sure you have some and you have some. You

Starting point is 02:03:38 see some folks who brag about how many abortions they've had. I also don't agree with that. This lady right here's got a shirt on saying I've had 21 abortions. That had. I also don't agree with that. This lady right here's got a shirt on saying, I've had 21 abortions. That's a comedian. A comedian got up and I don't know who this comedian was about a year and a half ago to grow with the curly hair and say, let me tell you how many abortions I've had. This is how many abortions I've had. Matter of fact, I'm going to go get more abortions when pop pop pop pop pop. It's not. So that stuff is stupidity. By the way, that's also the exception. That's not the majority. So I'm not also putting them as These guys are at fault. No, I'm a reasonable enough of a person

Starting point is 02:04:09 But I think to leave it to the states if guns are left to states if this is left to state the way it happened If you go look at the history of row we a row we wait is you know two supreme court justices at the time you know, two Supreme Court justices at the time were either retiring Tyler or they were stepping away and this young attorney comes in like really, really young and just somehow got this thing through and it would have never happened in this case ever but this was a very interesting, unique situation that they capitalize and at the end of the day

Starting point is 02:04:41 in regards to the information being leaked, you know, oh my God, I can't believe the information's leaked and all that stuff and one side is saying who cares about the person that leaked the information I'm more than Republicans are more Targeting this than protecting women's rights. I'm sorry when somebody leaked information to you on the other side about Hillary You were pissed off to say why would you leak this is irresponsible? So then goes more hypocrisy in the situation here at the end of the day if it's 68% Let's find out if it's 68% if it really is 68% Maybe we're gonna find out it ain't 68% maybe we're gonna find out those polls are full of shit

Starting point is 02:05:15 Maybe we're gonna find out more people are for like unless if it's rape or incest or this I I'm sorry. I just don't support it. We don't know. Let them make that decision for themselves. And I have my own position on this. It's where I stand with this, but it's different for everybody else. So, not whoopee. Joy comes out and Joy says, you know, a woman, we should go on a sex strike.

Starting point is 02:05:38 That's the bad news for you by the way. Oh yeah. We should go on a sex strike. Okay, don't give it up. No, no, you can't give it up. Just use a damn okay? Don't give it up. No, no, you can give it up. Just use a damn condom when you give it up. Why not? She said that about because of the abortion.

Starting point is 02:05:50 Yeah. Well, condoms break it. Look, I think it's bad news for Joy Behar. Well, nobody's gonna be upset if she goes on a sex strike. Nobody. That's a good point. The question is, is it healthcare or is it not healthcare?

Starting point is 02:06:01 And is it a society's responsibility to cover from their tax burden, healthcare in general, right? And you can make that argument to be bad. And why we need better represented. Well, this goes back to your initial point that it's not a black and white situation. There's so many gray areas. Once you go here and you peel the onion,

Starting point is 02:06:22 well, you know what, it's only in this case, well, it's a rape, it's an incest, well, you get some life of the mother and then it's a, then this story and then well, actually, it's been, is it six weeks, is it 12 weeks, it's just such a complicated situation that it takes such grace to walk around and then obviously if you say the wrong thing, you're gonna cancel next thing, you know, joy, Bayhars doing a sex strike on you, you know, getting hate from joy. Had a straffick, I'm sure most single men in Hollywood have devastated right now because of her going on a sex strike.

Starting point is 02:06:48 This is war on women, gays, people of color. You know what they're saying? If you let them do this, what happens next when they don't let you have interracial marriages? Oh my God, now you're getting over dramatic on interracial marriages. Who's gonna get there and say, we're not gonna do interracial marriages.

Starting point is 02:07:04 But again, considering there's an interracial marriage on the Supreme Court. Yeah, at the moment. But listen, at the end of the day, Kay, what's Obama's famous words after his first term? What did he say? He says, elections have what? Constance, that's right.

Starting point is 02:07:22 You go, buddy. Hey, Trump may have, you can call him whatever you want, but if you're a Republican, he got you a six-three advantage. And that's the biggest insurance policy that's gonna last for 10, 20, 30 years. It is rich of McConnell though, you call this the politicization of the Supreme Court. When the reason there, there's a six-three is,

Starting point is 02:07:44 he politicized the F out of the Supreme Court Yeah, it's not I don't I don't think anybody disputes a McConnell is an interesting cat himself by the way So interesting is a good him and Schumer are probably part of the same camp to me him Schumer Pelosi their part of the same I understand that just another real quick daily dose of irony Who you know the the left wants to fight to the death for Planned Parenthood, right? And the largest proportion of abortions in the country are black women, right? Who was Margaret Sanger, the founder of Planned Parenthood? She was a well-known eugenicist

Starting point is 02:08:14 who wanted to prevent the birth of mentally challenged people and blacks in the country. I just think it's ironic. I've heard that argument. I don't think that's entirely accurate, but I've heard that argument before. And't think that's entirely accurate, but I've heard I've heard that argument before I think that's Tyler gets his information for some from certain sources. No, but then nothing he said is Necessarily true, but I think I don't think it's the entire truth again

Starting point is 02:08:35 It's we all we tend to as you know, especially today when politics has become religion Glamon to one part of the argument and hold on to that when it's like, yeah, but also this, you know what I mean, is Putin evil. Well, not to his motherland, he's not, right? And so what's the answer? We don't have it here at the P.B.D. podcast. Let's try that. But this was great discourse, folks. I'm curious where you stand.

Starting point is 02:08:59 Comment below. I'd love to actually read your comment, sir, see what you stand with this. Last topic before we wrap up is Musk. Okay. Let's wrap up with Musk here. How can we do this podcast? What I'm talking about this guy here, right? So Musk goes after a OC, NNBC and pretty much everybody in the same week. Can you pull up the NBC tweet? That's the one I want to read. Page five, I'll read this to you guys. And then he'll put it up so you can see it. Elon Musk slams NBC, defense GOP, after MSNBC anchor calls him Petulant.

Starting point is 02:09:30 Is it my standard properly? The pronunciation? Okay. So this is a newsweek story. Elon Musk slammed NBC on Monday after an anchor affiliated the media outlet called, and Petulant criticized the far right of the Republican party, the Tesla CEO who recently purchased Twitter, hit back after MSNBC host Mehdi Hassan Warrant, that his new influence over the social media

Starting point is 02:09:50 platform may amplify neo-Nazi voices within the GOP. We are living through an unspeakably dangerous moment, the pro-Q&N, pro neo-Nazi faction of the Republican Party is poised to expand dramatically. Come the midterms, if that happens, we may look back on this as a pivotal moment when the petulant and not so bright billionaire casually bought one of the most influential messaging machines and just handed it to the far right. Musk initially responded by tweeting that NBC is basically saying Republicans are Nazis, but in a separate post, he said the following, if you want to show them the tweet, if you

Starting point is 02:10:24 have it, he slammed the news platform by saying, can you make that little bit bigger? NBC basically saying Republicans are Nazis. Then he turns around and says that same organization that covered up Hunter Biden's laptop story had Harvey Weinstein's story leaked and killed it and built Matt Lauer, his rape office, lovely people. He imagined that. He's got a point he had no lost stand but i you know i don't think he's nearly as as dangerous

Starting point is 02:10:50 as people make him out to be a many his son is an agitator uh... on the network you know he is not the first sort of crazy thing he said uh... as he i as he on muskipast sure as he is he is he the dumb no uh... i think personally Twitter stands to get better under his leadership personally. I could be wrong.

Starting point is 02:11:12 The arguments made that it's a private company, they can edit whoever they want. If you want to make it into a more of a public square where any information is spewed around there, let's see what happens. Let's see what happens. We're seeing what happens before, you get the Russian bots offer there,

Starting point is 02:11:28 maybe you've got a platform. And I think that might be one of the best things that is. Yeah, that was the great. What was the conversation you had yesterday regarding what Elon Musk is looking to do? Yeah, he's raising money left and right. And in rounds of 100 million, I got a call. And I'm telling you right now, I predict,

Starting point is 02:11:47 Twitter's right now worth what? 40 some billion hours, can you pull out what Twitter's worth today? Should I, should I sell Twitter today? Oh, if you can get it, the rounds are 100 million, if you can get it, and there's not a lot of people that are sitting on 100 million dollars of cash, that's the challenge.

Starting point is 02:12:01 Market cap, 38 billion dollars. Okay, here's what I'll tell you. Twitter, ran by Elon Musk, will be a trillion dollar company within three to five years. And that's the latest, which means, and by the way, this is my opinion, okay. This is, if you do it, you lose money, that's your risk. This is my opinion.

Starting point is 02:12:21 I think this is a trillion dollar company. I think that 40 goes to a trillion, that's 25x, you put a million bucks, you're going to make 25, you put 10 million bucks, you're going to make 250, you put 100 grand, it's going to be a $2.5 million investment because if Facebook's worth a trillion, if Google's worth a trillion, if Amazon's worth two, if you know, I think Apple's worth three, whatever the number is, this is going to be a trillion dollar company because the people that ran Twitter, they don't know how to make money and Elon knows how to make money.

Starting point is 02:12:49 He's going to create different shapes. Whether it's going to be, you want a blue chip to get rid of the bots, 4.99 a month. You want an additional benefit to do this, 9.99 a month. And you want the ultimate, it's 100 bucks a month. He's going to make money off of Twitter. And he's going to bring so many different ideas that nobody's even thinking about most people think Tesla Is a car company. It's a battery company. That's why he doesn't like selling Tesla because he knows Tesla's gonna be a 10 trillion out of company And he knows he's gonna be the first trillionaire in the world

Starting point is 02:13:16 He's probably two to five years away from being a trillionaire. This guy's gonna be a trillionaire We're gonna have a trillionaire within next 24 to 60 months, but Twitter by this guy running it I have a feeling this thing's gonna go to the roof because he ain't gonna slow down FYI more and more and more I listen to him He may be the most annoying Person to anybody that doesn't like freedom of speech to anybody who loves control because you can't do nothing to this guy Okay, Bill Mark comes out and says The argument to me is has Twitter failed in setting themselves up in the past as the judge of what can go out there And I would say yes you have you feel when you threw the New York post off of Twitter for talking about honor, Biden's emails.

Starting point is 02:14:06 And it turned out to be a real story. You failed when you said we couldn't read about whether COVID had come from a lab. You failed Twitter. You failed. This is not a Republican saying this. This is a liberal who's probably never voted for Republican in his life. Bill Marseille in this a comment like that So what's starting to happen? Yes, that he were having dinner and Chi guy's talking about Churchill

Starting point is 02:14:31 Okay, he says you know in in UK no one's lost more elections No politicians lost more elections in their career than Churchill. Yeah crazy story But then he says you know what happened at one point because he was part of Democratic Party is who he was Okay, that's what Churchill is when you read a story know what happened at one point, because he was part of Democratic Party, this who he was. Okay. That's what Churchill is when you read a story. He says at one point, the people that he was a part of flipped and they went crazy. So what does Churchill do? Says, dude, I didn't sign up for this. I'm about freedom. I'm about this. I'm about that. I don't know what just happened to you, Democrats, but I'm not about that.

Starting point is 02:15:01 You're changing a party. I'm going over here. They hate it and for it. He says, I didn't change. You guys change. Democratic party's changing. Bill Maher said those very words. I haven't changed. I haven't changed.

Starting point is 02:15:12 You've changed. Bill Maher said what Churchill said years ago. Years ago, Churchill said that before Bill Maher said it, except when Churchill said that, he didn't tweet it out. Right. Whatever reason, he didn't get the time to tweet it out. More all the story is the following. Elon Musk is probably the most scary man to the people of the left and progressives.

Starting point is 02:15:32 AOC goes to sleep every night. Everyone has nightmares or dreams. She goes to sleep every night about a man named Elon Musk. She has nightmares about him every flipping night. And it's non-stop. It's gonna keep happening, because this guy's not gonna slow down. He's not gonna be somebody that's gonna sit on the sideline

Starting point is 02:15:50 and say, okay, let me take it a little bit easy this week. No, you say something to him, he's coming back at you, and he's got a bigger mic. And that mic is Twitter. So, and what Elon said back to AOC in a tweet, and when she's basic was complaining about the billionaire class, he's through her thing back at thing back at Harry, I was talking about Mark Zuckerberg and he said, well, you know, stop hitting on me. I'm really shy. He's a troll. Multi-billionaire,

Starting point is 02:16:15 powerful, man-ridiculous troll. And he's only going to get stronger. He's just going to get stronger. This guy is not going to slow down. He's gonna continue more and more and more. Is that what it is? Stop hitting on me. I'm really shy. God, I love that. God, I love that.

Starting point is 02:16:34 She said that to one of her trolls too at one point. I think he was throwing her. Okay, is that what it was? Somebody was bitching about the ALC. She's like, stop flirting. Who's Elon gonna date next? He's done with the alien girl grimes. Who's next?

Starting point is 02:16:48 For sure. Not gonna be ever heard. He's done with Amber heard exactly. He ain't gonna be ever heard. 100% No, I think he's curvading. He would. Marjorie Taylor Green.

Starting point is 02:16:56 Yeah. No, you think Dream Tyler. I think he's gonna date somebody you least expect that he's gonna date. I think Elon is a very different kind of guy. He's a very different kind of guy. He's a very different kind of guy. He's a very different kind of guy. But he'll be the first trillionaire the way he's going right now.

Starting point is 02:17:07 So folks, if you hate billionaires, I don't know what you're gonna do to trillionaires because one is around the corner. Good to know you today, man. This has been a blast. Brother, great. Great. Thank you, Matt.

Starting point is 02:17:17 Tomorrow, GSP, what time? So everybody knows that. 330 to 530. 330 tomorrow, GSP will be on the podcast. Come ready. We may do some colors. And by the way, we may be given away Auctioning off maybe through super chat and maybe something we may do a signed UFC club If you're a big GSP fan put in your calendar tomorrow at the podcast. We'll see you guys there. Take everybody. Bye. Bye. Bye. Bye. Bye. Bye

Starting point is 02:17:37 Bye bye bye bye.

PBD Podcast - American Actor Matt Walton | PBD Podcast | EP 153

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