PBD Podcast - Andrew Tate Interview Update | Ep. 277 | Part 2

Episode Date: June 10, 2023

In this Episode, PBD and the Home Team: Loneliness Epidemic CNN CEO Fired Tucker Carlson's First Video on Twitter Employment Data Vasectomy Rates Surging https://thevaultconference.com/h...ttp://valuetainment.ac-page.com/tate-email-capture FaceTime or Ask Patrick any questions on https://minnect.com/ Watch the full podcast here: https://www.youtube.com/live/iRha-e3HGKs?feature=share Subscribe to our channel: http://bit.ly/2aPEwD4 To reach the Valuetainment team, you can email: info@valuetainment.com --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

Transcript
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Starting point is 00:00:00 Half the world's biggest companies are downsizing office space amid hybrid working. This is an insider story. Here we go. Defined as half the world's largest companies defined as those with over 50,000 employees planned to downsize their office space by 10 to 20% by 2026. That's a real number, by the way. As hybrid working becomes more prevalent, while many companies are embracing hybrid work, 31% are adopting an office-first approach. The shift in office space strategy is driven by a broader range of business factors beyond the pandemic, with companies seeking to optimize their office usage and offer flexibility
Starting point is 00:00:39 to employees. However, 55% of all surveyed companies anticipate increasing their office footprints in the next three years, particularly mid-size companies. So bigger companies are downsizing. Smaller to mid-size companies are getting more office space. Tom, when you see this, what do you think about with this article?
Starting point is 00:00:54 Well, the first thing is, you know, your government under the cover of COVID, you know, sort of was pushing the agenda for work from home and forcing lockdowns and what they have unwittingly done is triggered a waterfall and i'm speaking to you Joe Biden is triggered a waterfall that is about to be a calamity and commercial real estate because now the companies are saying well maybe i can't there's two sides to it there are companies that are asking people to come back to work and we're seeing those
Starting point is 00:01:25 announcements every day. Apple says people got to come back to work. Amazon says, and all the people get upset. Well then what you don't see is underneath it all, is the companies that say, well maybe I can make some of the remote work for cost reasons and those people are not getting promoted. And maybe I need less office space,
Starting point is 00:01:46 and that waterfall effect has had that there are larger companies are needing less space and less demand for leases. And so now the commercial real estate market is suffering with less demand. And we can thank this crash coming in the sector of the economy to COVID and lockdowns that triggered this whole work from home to bay.
Starting point is 00:02:08 It's interesting you're saying that because when you look at numbers with commercial real estate, it says commercial real estate crash still looming over the US economy and it's not going away. The US economy faces looming threat of a commercial real estate market crash at one and a half trillion dollars and commercial mortgage debt is due. By the end of 2025, tighter credit conditions, higher borrowing costs and declining property values due to remote work have increased the risk of default.
Starting point is 00:02:33 Fitch ratings estimate that 35% of pulled securities commercial mortgages due to April, due between April and December of 2023, totaling. Ready? 5.8 billion will not be able to be refinanced. Office and retail property valuations could potentially drop as much as 40% this year. Let me say that one more time.
Starting point is 00:02:53 Office and retail property valuations, valuations could drop as much as 40% this year, Tom. That means a $10 million property is $6 million bucks. That's correct. Okay. According to Lisa Shellett, CIO of Morgan Stanley Wealth Management, it's not like it's a regular person saying this. These are people who know.
Starting point is 00:03:14 And what's that last bullet say? Small and regional banks holding about 80% of commercial real estate market outstanding that are the main source of credit. The industry up people could lead to more restrictive lending standards making it harder for businesses and households to obtain loans. And by the way, this is why, and I'll say this openly, I'm long on JP Morgan stock
Starting point is 00:03:35 because of those small regional banks. Just going to JP Morgan. You know, small regional banks fail who's got the best credit rating and the best capital structure so then for the pick it up JP Morgan? Sir, saying by stock now. Is that what you say? I'm in. I'm just said. Okay. I said it openly so I could be disclosed. I'm long JP Morgan, but the reason I'm long JP Morgan
Starting point is 00:03:54 is I believe they're about to take advantage of the additional losses that are going to happen in small and regional banks who are holding the credit because who does the banks in downtown LA? Glendale Federal, and other people like that? It's the local economy that have those big commercial dollars. Who to Suarez go to help the economy down in Miami with big bank lending? Suntrust, that's who he goes to. These are local partners building up local cities, and they're about to get local shots in the shops. Yeah, we've already said, when you about to get, you know, local, local shots in the shops.
Starting point is 00:04:27 Yeah, we've already said, I mean, when you say JP Morgan, you're talking about JP Morgan Chase, who's the CEO of that Jamie Diamond, the right he's been on the wall. How many regional banks has he already gobbled up, right? How much money has moved to the big banks? But Pat, let me touch on that first story. He's captivized to do it. Exactly. He's got the money.
Starting point is 00:04:43 He's basically what it is. So funny here, this first story, the half the world's biggest companies are downsizing office space. I've never heard this term before. Quote, I'm quote, office first. What does that remind you of a little bit? America first, office first. There's a metaphor here. It's almost like you talked about this on the Andrew Schultz podcast, shout out the Andrew Schultz, by the way, and it's called Great Podcast. But you said, what's wrong with being a nationalist? You know, nationalist gets a bad name,
Starting point is 00:05:10 obviously we know some certain, then when you hear nationalism, funny mustache guy. Yeah, there's a funny mustache guy, but what's wrong with loving your country? What's wrong with loving America? What's the opposite of nationalist? You said globalist,
Starting point is 00:05:24 and we're seeing the cloud shops of the world, the world economic forum here. There's the opposite of nationalist? You said globalist, and we're seeing the cloud shops of the world, the world economic form here. There's a storyline here. Office first, get your ass in the office, work, right? Versus globalism, work from anywhere, work from home. Don't come into the office, don't have any contact with people you're working with. What are we talking about here?
Starting point is 00:05:40 There's no borders, why borders? There is a metaphor here, right? But I think it's important to see here that 55% of companies are actually gonna increase their office space. What we're realizing is you need to be adaptable, you need to be flexible, and there is a happy medium here. Some people, they can, I mean, how many people
Starting point is 00:05:58 that work for PHP don't work in the home office, right? They work all across the country, but they do have satellite offices, regional offices. I think that what we're at today, the sign of the time is being adaptable, the inflexible is what works for you, what works for your company, a company knows. All right, 10 to 20%.
Starting point is 00:06:14 We're gonna downsize here. Maybe they don't need to be here. 55% no, your ass is gonna be in the office here. There is a storyline here. Nationalist, globalist, work from anywhere, office first. At the end of the day, that there is, it's a very nuanced discussion here, it's not black and white, zoom, everything with technology,
Starting point is 00:06:31 people can't work from anywhere, but at the end of the day, culture, you know, what does it say, culture eats, what for breakfast? Strategy. Culture eats strategy for breakfast. If we didn't work from here to this podcast together every single day, I doubt we would have the same impact. Let me just transition that into what a perfect transition on what you just said.
Starting point is 00:06:50 I don't think there's a better story for us to go to them. Page 21, if you want to go to page 21, watch this. This is where contradiction and hypocrisy is exposed. So this is the new surgeon general advisory raises alarm about devastating impact of the epidemic of loneliness and isolation in the United States This is an article from the US Department of Health and Human Services Surgeon general Dr. Vivek Murthy, can you pull them up and see how long he's been a surgeon general? Has this shoot an advisory addressing the crisis of loneliness and isolation in the United States, which affects approximately half of American adults. The consequences include a 29% risk of heart disease, a 32% increased risk of stroke, a 50 percent increase risk of developing dementia
Starting point is 00:07:47 and older adults, and a doubled risk of depression amongst those who frequently feel alone. Dr. Murphy proposes a national strategy to advance social connection highlighting the need to prioritize social connection as critical public health issue alongside tobacco, obesity, and substance use disorders, the strategy aims to mobilize the health sector, reform digital environments, deepen research on social disconnection, and cultivate a culture of connection. By strengthening social infrastructure, implementing pro-connection policies and promoting meaningful social connections, the strategy aims to build a healthier,
Starting point is 00:08:27 more resilient nation, and addresses the impact of loneliness on diseases such as heart disease, stroke, dimension, and depression. Okay, how long has this guy been the surgeon general? Can you go to it? How long has he been in? So he's the 19th and 21st surgeon general. So his first stint was 2014 to and seventeen and then he came back in
Starting point is 00:08:48 office in two thousand twenty one so two thousand fourteen to two thousand seventeen which means barak obama the only set reason it says trump is castrum fired him replaced him with somebody and then he came back in four years later under obama under bite which we know where he leans politically okay by the way this was the same guy that was supportive of the shutdown. This is the same guy that said, hey, essential, non-essential. The level of arrogance to think how short-term thinking Americans are that they forgot what this guy stood for.
Starting point is 00:09:21 You read this article, if I didn't tell you who was written by you would say, man, the guy that said this, what a guy stood for. You read this article, if I didn't tell you who was written by you, would say, man, the guy that said this, what a freaking noble guy. You know what I'm saying? What a guy that cares about so many people formed to say the consequences of, you know, loneliness and isolation in the United States, 29% increase in risk of heart disease, 32% increase in stroke,
Starting point is 00:09:40 50% increase in risk of development dementia, really. So I wonder if the amount of people that end up dying from COVID, those that actually had COVID, not the people that died because of obesity, not the people that died because it was a common cold, but they categorized it as a COVID, let's just say. I'm talking the net, net, net, net, net. People that died strictly from COVID is what they died from.
Starting point is 00:10:02 Versus how many end up dying from stroke heart dementia loneliness depression I wonder what the long term effects of that decision is going to be versus the short term effects, okay? Is there a reason why states like Florida did so well? You know what I would do if I was the synthesis camp? I would take this story and I would say hey We did exactly what you're saying to do three years ago, two years ago, you're saying it now, but it's too late. People are moving to Florida because we allow people to live and they're happy.
Starting point is 00:10:35 People on Florida are happy. This policy produced miserable people. Now you wanna write this paper to sound like you're noble? Now you wanna do this? If I'm Trump or the centrist's camp probably more the centrist's camp I would be using this story here to talk about the effect that's having on people today fully agree PPD fully agree and we've learned the term social distancing That was the first time we've ever heard that in our lifetime and this article talks about
Starting point is 00:11:02 Cultivated culture of cultural connection with the opposite of distancing, how so-called connection. It's comical. And you know what, there's a certain segment of the population that needs to hear this message and needs to understand this message. And that is young men,
Starting point is 00:11:14 especially young men under 35, Dr. Scott Galloway NYU, talks about the most dangerous men in society are broke lonely men on their phones sitting at home all day. And those people, that situation was exacerbated during COVID, okay? Those people are struggling like hell right now. Social media apps, everything on dating apps,
Starting point is 00:11:37 prioritize the top of the top, the top guys out there, they're doing just fine, okay? You think, what do they say? Ben Affleck in Boiler Room. You think money doesn't buy happiness. Look at the smile on my fucking face. If you're doing okay, if you're at top G out there, things are fine.
Starting point is 00:11:52 But the young guys out there that are working from home, not getting any action, not out there networking, they are struggling. And I empathize with these guys. What's the answer though? You gotta get out there, you gotta work out, you gotta improve, you gotta work on yourself. Life happens outside of your phone. You have to get out there. The number one thing in life, the one thing I've realized in life,
Starting point is 00:12:11 it all comes down to people and relationships and being able to interact with other people and and have deep actual connections. Life happens outside of your phone. You have to get out there and put the phone down and genuinely interact with other people. And that's the one thing we learned during COVID. And that's the one thing that was taken away from us. What did we do? Social interaction. What are we doing at a center in COVID? What do we do? We work from the office every day. Every day. Every day. And when they said we're non-essential, we worked at the office every day. The only day I took off was one Sunday, 90 days straight. Every single flipping day. But so many people fell for this.
Starting point is 00:12:48 No, no, no. Social distancing. No, no, no, no. They scared a crap out of so many people that they fell for this. You know what percentage of people fell for the most? Those were bachelor degrees. Those were bachelor degrees. You know who was the lowest?
Starting point is 00:13:03 Those were MBAs. It was interesting. Do you remember that study that came out last? agree with the highest and then PhDs and then high school the high school grads they were Lower to trust the whole social distancing than the bachelor's a bachelor's a Social distancing you know stay six weeks six feet away from your book when you read it because God forbid Maybe the book has COVID all these weird things that they fell for, right? Why do you think that was, P.B.D. Why do you think that was?
Starting point is 00:13:28 Because sometimes a bachelor's degree is a sign of you are a person that just goes after whatever the government tells you to do and you can't question anything. Your program, your program. Sometimes you got to be like, my man, no, I'm not doing this. You know what, one of, one of the girls was at our house from the baseball thing. You weren't there, we were doing Dylan's baseball thing, celebration, and a father's sitting there,
Starting point is 00:13:55 and I said, so hey, I look at his daughter, she's got a chiefs sweater on. I said, oh, so you were Kansas City Chiefs fan? No. So there's a school here that I'm fan of that school. Okay, cool So is that the school you go to now? I was going to a different school. What school were you going to? Well, I was going to XYZ. How long have you been going there for many years? Why did you leave and she just looks straight out of that?
Starting point is 00:14:17 Doesn't want to answer the question and a dad is a start told start of a guy He's like, well, you know, he's just gonna be around the bush. No, what's the reason why don't you know? as they start, told a start of a guy. He's like, well, you know, he's just gonna, he's just gonna be around the bush. I know what's the reason, what's the reason? As I said, you're safe here. Why did you leave? You finally said, listen, we are so sick
Starting point is 00:14:31 of all this woke agenda at this school time. You know what the school is, the school is the school that, you know, it's constant, pride month, you know, climate change, you know, if you write a paper opposing LGBTQ, you could get an F because you're wrong in the teacher's eyes. Let me get this straight. They call and they teach parents to become conformers.
Starting point is 00:15:00 I'm at a baseball hitting practice with Jen and Dylan and Senna. The father has his kid going to Pinecrest that's playing baseball there. And the father says, I had to call to apologize. Because if I don't, my son may possibly not play baseball. What the hell do you mean you have to call to apologize? Because it's their way or the highway. And you know what's happening?
Starting point is 00:15:22 Those types of schools are gradually having an exodus. Good. Slowly but surely. You can't be doing stuff like that. Parents are gonna rise up and they're gonna say, this is pathetic, I'm not following this. Here. Anyways, let's go to the next story.
Starting point is 00:15:33 Unless of time you have a final thoughts. If you don't, we can go to the next story. No, but that return to office seems to be a hell of a solution for people that are looking for social connection, pro-connection policies, and to have eyes on you with co-workers to say, how you doing? Yeah. What a Michael Seller.
Starting point is 00:15:49 You already been for lunch today. You wanna go for lunch? Yeah, you're right. How's your life? What a Michael Seller say when him and I were both late that one day during the Bitcoin conference, everybody goes, yeah, safe to say. The people are back at work again right now.
Starting point is 00:16:00 Seller, man, joke. All right, okay, so let's go to, let's go to the next story here with Chris Lake. CNN, CEO Chris Lake, out after Trump Town Hall fallout. Brutal Atlantic article. This is a CNBC story. And then the reason why he got fired, page 12, if you want to go to it. Page 12, where are we at here?
Starting point is 00:16:21 Okay. There we go. A Chris Lake to step in down, a CEO of CNN after just over a year in the position following a series of setbacks, including the cancellation of the CNN plus streaming service, you put that on the guy. He had only been there for a year and declining ratings, Warner Brothers discovery, the parent company of CNN announced the departure and stated that a search would be conducted internally and externally for new CEO. Lick Exit was triggered by multiple factors, including a town hall event with former president Donald Trump
Starting point is 00:16:50 that drew criticism and resulted in a rating drop. Additionally, rating drop, that record-breaking rating. Additionally, an unflattering article in the Atlantic title inside the meltdown. That's CNN. Contributed to the decision. In a memo to staff Warner Brothers Discovery CEO David Zaslav took responsibility for the outcome and expressed appreciation
Starting point is 00:17:11 for Lick's effort and dedication. And here's a story from political, the real reason behind Chris Lick getting fired. Chris Lick, the part she had CNN CEO was influenced by a critical profile in the Atlantic. Again, same story. Lick was perceived as subservient to warn the brothers' discovery. CEO David Savi made a changes that were seen as rebukes by CNN staff that his distance from newsrooms and failure to charm the staff worsened his situation. Firing Lick will not solve CNN's problem.
Starting point is 00:17:37 As a cable news industry is in decline, the new CEO will inherit a damaged organization and should learn from Lick's mistakes while building relationships with the staff, Tom. Lick inherited a damaged organization. Seriously. Malik, do you have the chart we have on the ratings? It's the, from the economist, the pink chart. Quick silver. It was a Senator T. Anyway, so the ratings disaster at cnn had started um... as soon as soon as the election was over and as soon as that election was over uh... suddenly all they had was
Starting point is 00:18:14 covid covid covid-covid number one chris lecht gets brought in by david's haslaw to be a turnaround specialist he was a showrunner this guy's a gifted showrunner by the way he still is a gifted showrunner who had a very very tough year at his job. You know, he built Stephen Colbert show. He built CBS this morning.
Starting point is 00:18:31 He built Morning Joe. So this is a show runner, not a guy that's ready to run an organization. And P.B.D., we see people like this at the vault conference. People at the vault conference who are running great organizations versus people who are just kind of monolithic executives. Chris Lick is a showrunner hired by David Zazlove to turn around CNN. Take a look at this. What happened to ratings, Pat?
Starting point is 00:18:53 Here's the chart. Right after the election, WAMO! They all drop. Look at that rating drop when there's nothing to talk about Trump except January 6th and it's COVID, COVID, COVID, COVID. Fox was the only one that moderated programming and you can see their ratings dropped after the election cycle but then leveled out closer to where they were beforehand.
Starting point is 00:19:13 See that? For a CNN and NBC pat, you see they're raiding. By the way, they peaked at the same exact level. Look at CNN and Fox. Same exact peak. Do you see it? First week in November 2020. They did. They did. The election. So that's the mistake. That's right. That was mistake. look at CNN and Fox, same exact peak. Do you see it? First week in November 2020.
Starting point is 00:19:25 Thank you. The election. So that's the mistake. That's right. That was mistake. So Zazal doesn't bring in a turnaround guy. He brings in Chris Lick. Now, and Chris Lick, by the way, what had happened at CNN?
Starting point is 00:19:36 You know, CNN had the controversy of who is that guy? The man. Jack Zucker. No, the zooming jacker, Jeffrey Tuben. Jeffrey Tuben, master, I'm gonna zoom call back they brought them back yet and then and then quomo they had this issue with uh... quomo and then they had done lemon was already in
Starting point is 00:19:52 the penalty box when chris lick walked into a he-cris turn this thing around and so he does cb s this morning they said what am i going to do i've got this idea to put women on and do this just like i did cb s this morning i'll call it cn in this morning well you need to use Don Lemon. Why? Well, he's under contract.
Starting point is 00:20:07 Why? That was a decision that he got forced into. We all know what happened there. Eventually, Lemon didn't get along with his estrogen-charged co-host. And you look at what happened here and they were already having it. So was it a good idea to let the Atlantic follow you around for an article? No. Oh, by the way, CNN plus was also canceled.
Starting point is 00:20:27 This he was walking in the door. So for everybody that says this was all on Chris Lick, a guy who was an attorney around specialist was brought in, not a good idea to do the Atlantic thing and the couple things that he tried to build the shows. He was kind of hamstrung. That didn't work. And guess what came out this morning? A story is that the people that have been talking
Starting point is 00:20:47 to the media and leaking thing is a bunch of zucker loyalists who are now back where they were. But guess what, the other side of it is, private equity people know David Zazelov's playbook. And you know what? CNN is only 5% or Warner Brothers discovery, 5%, but it was 71% of the headlines for the last six months. That's not what you want. I think Zazov is gonna say, for what am I bid for this wounded puppy?
Starting point is 00:21:18 I think that's where it's going, but I think they've been too hard on Chris Lick, even though he did. There's some things he did, okay, Atlantic article, not a good idea. By the way, just so people know who this guy was. He was the executive producer and the show runner for the late show with Stephen Colbert. A breakout show against other bigger shows. Right. And as well as CBS's executive vice president
Starting point is 00:21:38 of special programming, he's also known for having launched Morning Joe on MSNBC and the reboot of CBS this morning. This is not a guy that's not like a, you know, a lightweight guy. He's a, he's part of the Democratic. He's part of that community. He is a guy that's, you know, willing to support that community. This guy was a qualified guy for that job, but they needed somebody to target and go after.
Starting point is 00:22:01 I just love that. Now they're blaming him, but he walked into the Jeff Zucker mess. And and you guys are talking about CNN, Chris Lake, all this starts with one guy, all this demise, one guy saying two words to Jim Acosta, fake news. This all started from that one moment and it's gone all downhill from Trump to where the fake news comment and then think about it. They put him on a town hall. They try to gain, like they wanna get some cloudback
Starting point is 00:22:29 and then the viewers are like, why the hell did you put him on there? It all started with Trump and then I'm so happy that this is happening to everybody at that crappy ass news network. Brother, you said Jim Acosta, did you, do they know about when you were in Ukraine? No, did they not know that?
Starting point is 00:22:45 Do you have that clip, Rob? Oh, my goodness. When you were going to say that, you paid visit to Ukraine like few weeks ago. Before we hear, see that excellent video that you did while you were right on the grounds of Ukraine, which definitely wasn't taken up. No, nothing happened to me either.
Starting point is 00:23:01 The guy Chris Lick, number one, I don't think most people can pick him out of a lineup if you paid them. So he was there. He came in what, a year ago, he took the place of Jeff Zucker, Jeff Zucker was running CNN for multiple decades. I actually had a high hopes for this guy because I think if his campaign message was anything, it was he wanted to bring CNN more to the middle.
Starting point is 00:23:20 Was that not what it was? Yep. That was kind of what he was looking to do and I actually thought that was a good move for them. But what we've realized is you need to play to your base. And CNN's base at this point is definitely on the left Fox News base, definitely on the right. How many people were up in arms when Tucker was left? Well, let go from from Fox News. Not a good look for that. But it further proof that cable news is dying and that they're just looking for anything to basically as an excuse.
Starting point is 00:23:45 The ratings were up when Trump was there and you know, when they did the town hall, they had pence just there. The flop. The flop. Nobody really cared about that. But the interesting thing will be two things. What's next for this guy? Where's he going?
Starting point is 00:23:59 Because he's going to be behind demand. I guarantee you that. And then who's next for CNN? Be very interesting. And people are all up in arms on Linda Yaccharino being brought in as the Twitter CEO. Let's see who the new CEO of CNN is, and see what they say. If you're firing Chris Lyck,
Starting point is 00:24:13 the only person you can bring in is somebody that Zucker proves up. Down the mountain. No, no. It's gotta be somebody that Zucker proves up. And you'll find somebody. Zucker's gonna send the loyalists, but that doesn't mean the ratings are gonna improve.
Starting point is 00:24:27 To say your best show was when you had Trump back on, you know how embarrassing that is to the brand of CNN. That's what they're embarrassed of. And Lick was just trying to do his job. Go ahead, Rob. Play this clip when Vinnie was in Ukraine working for CMM couple weeks ago. But who was I?
Starting point is 00:24:41 Go ahead, watch this here. We're gonna go live with our in the field news course on it. Jim McConnor. Glad you made it. Thank you. On the ground in Ukraine directly in harm's way. It's really, we're going to be looking out there. Frontlines. That's good, Karen. I am literally in this question right now. Look, I almost got to, it's insane. Russian forces have infiltrated for stronghold. I am seeing the platform as we speak with the Ukrainian soldier for force one of the steady things. Look at him. You're being attacked with a big shot.
Starting point is 00:25:10 Look at the explosion. There's gas. This is gas. This is just... This is just... This is just... This is just... This is just...
Starting point is 00:25:18 This is just... This is just... This is just... This is just... This is just... This is just... This is just... This is just... This is just... This is just... This is just... This is just... You can see I saw my big toe really really hard and I got the claps but none of that matters the only thing that matters is They're pointing real news real news
Starting point is 00:25:29 And I don't make it out of here somebody please come my wife. Oh my god Jim Jim is this guy, yeah, I love Jim. You're so convincing man. Thank you. I mean times I've fallen for your stuff I pre-stance you I can I get a picture with me. Yeah, I'm in the middle of you You know how many times I've fallen for your stuff I appreciate you I appreciate you can I get a picture with I mean Yeah, I'm in the middle of you. It's an unfriken believable. Oh my god Yeah, bro, you guys gotta keep it up. You're you are so convincing keep lying for ratings phenomena I appreciate it. Thank you. Thank you for everything. Thank you for the chat. Charlie. You stop the triggers up. All right, Boris. I'm smoking Oh my boy, stop smoking! He's f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f**king f is with Tucker Carlson. Tucker Carlson's first episode of Tucker on Twitter nets. It sets 70 million, but that's June 7th. I think it's at 110 million right now, if not, higher. Tucker is on fire to say the least. He's absolutely crushing it, would where he's at.
Starting point is 00:26:38 The first episode, okay, Twitter CEO Elon Musk acknowledged his high view count, but clarified that it only counts for views on the X Twitter app or web browser excluding Views from other sources like Google search results or Bloomberg terminals Carlson chose Twitter as a platform for his show After leaving Fox no citing the platforms commitment to free speech He expressed his hope that Twitter would provide a platform without gatekeepers, emphasizing his gratitude for the opportunity to be on the platform. But very quickly, by the way, second episode came out yesterday, which has got somewhere around 40 million views.
Starting point is 00:27:13 And immediately, after his first episode, Fox News Tussed Hucka Carlson. He violated his contract with new Twitter show. This is NBC News Fox News informed Hucka Carlson's lawyer that he violated his contract with a network by releasing the first episode of his news show on Twitter. The breach of contract stated in a letter from Fox News General Council Brandon Google who referred to Carlson's contract signed in
Starting point is 00:27:36 November of 2019 and amended in February of 2021. Carlson's lawyer Brian Friedman argued that any legal action taken by Fox News would in French on Carlson's First Amendment rights. Carlson's new Sean Twitter titled episode one featured his unfounded claim that Ukraine was responsible for an attack on a damn in Russia. Russian occupied territory leading to devastating floods Ukrainian president Zelensky and US officials have accused Russia of the attack while Russiaussia denies any involvement i mean that's pretty and and yesterday he's out there doing what he's doing yesterday if you watch what he said yesterday
Starting point is 00:28:12 twitter a lot of people on twitter going back and forcing what what what is this guy saying is he trying to say something because a part of what he said in episode number two i think 90 seconds into it or two minutes into it, he says, by 2008, no one questioned that Barack Obama had a highly creepy personal life. What? What? What creepy? What the highly creepy personal life is he talking about? Tom, what do you think about what's going on here right now with Fox News suing Tucker or getting after him?
Starting point is 00:28:41 I love this. So let's go to one sentence that everyone will understand. It said, Fox sends a letter that said, Mr. Carlson's services shall be completely exclusive to Fox. That was under a contract with Fox. Fox pays Carlson specifically to be there. Now then, he goes on Twitter. Twitter is an open platform.
Starting point is 00:29:03 And he put a video up on Twitter showing what he thinks. That's it. Does he have a contract with Twitter? No. Elon Musk has said so. There's no contract with this guy. Is Maffek Elon Musk went out of his way to put a tweet out. Remember, they said, there is no contract with Tucker Carlson. So he went out and did that. This would be, this is going gonna be tough for the Fox lawyer to get a judge to injunct and say, oh yeah, well, you've got a contract with Fox, your serviceers are exclusive to the Fox and now you're providing services.
Starting point is 00:29:35 He's gonna have to, Fox has got a successfully argue that he's providing services to Twitter. He's not. He's a free guy, stating what he believes and put a video up on an open social media platform. I don't think Fox has an angle here because what judge is going to say that? How is he monetizing his content on Twitter? That's exactly right. What's the contract? Or do you get casual monetization for cumulative views?
Starting point is 00:30:03 Does he? I don't know. I mean, does that work? That's a good question. What's that? If he doesn't, then there's no commercial relationship. Even just a casual commercial relationship where you click the button saying, yeah, send me a check if there's enough views
Starting point is 00:30:14 and you can sell ads against it. That still isn't a contract to provide services. I think he's in the clear. I think he knows this is in the clear. And I think that this is the only angle that Fox can take, but they got to find a judge that will injunct and say this. Yeah, to a musk-made clear that he's not paying them. He says, I also want to be clear that we have not signed a deal of any kind whatsoever.
Starting point is 00:30:35 Tucker is subject to the same rules and rewards of all content creators. Rewards mean subscriptions and advertising revenue share coming soon, which is a function of how many people subscribe and the advertising views associated with the content. I hope that many others, particularly from the left, also choose to be content creators on this platform. He's like the test run pan. Guess what? He'll do this, bro. Think about how brilliant this is.
Starting point is 00:30:58 For one year, he's gonna do this and get numbers at him, like 75 million, 75, 80 million, 100 million. Once Fox lets them go, then they're gonna say, okay, now it's time to start paying this dude. and get numbers at him like 75 million, 75 80 million, 100 million. Once Fox lets them go, then they're gonna say, okay, now it's time to start paying this dude. He's gonna pay for the entire cable news lineup. Combined, combined. Exactly.
Starting point is 00:31:14 So that's a great move. Get your name up there and then absolutely crushing it. Killin' it, bro. The guy has a very necessary voice. Clearly the market wants to hear what he has to say. I personally think that he's the top, if not one of the top, opinion personalities out there. I don't consider him a journalist, meaning he'll say, he's admitted.
Starting point is 00:31:36 Sometimes I'll say things that aren't right and wrong and he's not looking to get fact check these days, but when it comes to his opinion, people do what he wanna hear what he has to say. I love that you said Adam, it's opinion. You know the girl that was the executive, she's the producer, Caroline, I was on the flight with her.
Starting point is 00:31:51 Yeah, she's gorgeous, no, she's married with kids, but anyway, we'll get into that later. She said, we're gonna set up, never. Listen, we had a conversation where we're saying, it's like your opinion, right Tom? We're not even allowed to have an opinion about what's going on.
Starting point is 00:32:04 Everything that we talk about is in factual. I'm not getting fact check. I'm not saying, hey, listen, this is a fact. I have an opinion. He has an opinion like a Nord Stream pipeline, right? Like in my opinion, why would one side do it? It's pretty much going to be the other side. And that's my opinion.
Starting point is 00:32:18 I think they have to try to shut your ass up. If you have an opinion that goes against their narrative. So that's what I think. Thanks for your opinion, Ben. You're welcome. Free, unedited, unadulterated. The stockpatter job market real quick. Behind, rise in unemployment.
Starting point is 00:32:31 Job market is really strong. This is a Wall Street Journal story. And there's two stories back to back. I'll read both of them here for you. What's going on with the job market? So, unemployment rate increased to 3.7% from 3.4% in May. But the numbers of job search indicating a strong job market, the household survey, which determines the unemployment rate, showed a decline in unemployment. But when adjusted to payroll definition, household
Starting point is 00:32:58 employment actually increased by 394,000 wages remain firm with a slight de-selleration in overall wages in May, but wages for non-management employees rose by half a percent over the past three months, both overall wages and non-management earnings continue to go at rate that showed no sign of de-selleration, which may unsettle the Federal Reserve. Healthcare government, and you know what that means, right? That means interest rates about to increase.
Starting point is 00:33:24 Healthcare government, professional sectors, and you know what that means, right? That means interest rates about to increase. Healthcare government, professional sectors added the most jobs while the information sector experienced a decline, possibly due to a writer's strike. And then this leads to the next story. US job openings rose in April, reversing three month decline. US job openings rose in April, reversing three month job decline, indicating strong employer demand, despite a gradual, slowing economy, the Labor Department reported a seasonally adjusted 10.1 million jobs in April up from 9.7 million jobs.
Starting point is 00:33:54 Layoffs decreased to 1.6 million in April, further highlighting a solid labor market, while job openings have declined from the record high of 12 million in March of 2022, they still outnumbered the 5.7 million actively seeking in April various sectors, experience changes in job openings, would increase the scene in retail warehouses, healthcare and transportation, while declines were observed in factories, real estate firms, and state local governments, the number of workers quitting their jobs, held steady, indicating confidence and finding new employment opportunities, Tom.
Starting point is 00:34:28 So there's a couple of things going on here. And hey Rob, can you find, look up this type of Fred initial claims, initial job claims Fred, and you'll get this blue chart right here. Fred, not the Fed. Fred, interesting. Fred, that's a new one.
Starting point is 00:34:45 There you go. So what's going on here is two things that we need to, there we go, St. Louis, that's it. Let's take a look at this. Watch for the blue line, there's another chart in there. But what we've got here is initial job claims have suddenly spiked.
Starting point is 00:35:01 I don't mean a little. Tom, can I see that? Go ahead, keep saying it. And just look at the blue line on the far left. Yeah. And what happens to that blue line? I mean, that came out yesterday. So, the initial job claims come out.
Starting point is 00:35:13 What is an initial job claim? That's someone after six weeks says, I've been unable to find work. I need unemployment assistance and I get it from the state. So you go to an unemployment office. So those claims are way up. The other one is Rob. Let's just go to show employment office. So those claims are way up. The other one is
Starting point is 00:35:25 Rob, let's just go to show the tweet that I had from Danielle and what was very interesting going on here. Take a look at this. There is the labor department made a birth death adjustment. Whoops. We got this wrong on birth death. They changed it. And look what they did to their own chart, Pat. Wack. Their chart takes this whack. And Daniel and others came out and said, this is Daniel, DeMartino Booth, who's an expert on Fed statistics.
Starting point is 00:35:58 If you look at the past 12 months, 37% of the jobs were made by a birth death adjustment. In other words, they weren't make. So when they say that job creation was up 37% of those is a data correction and it is a pure estimate from our government. What's not an estimate from our government is that jobless claims just spiked last week as people are looking for real checks.
Starting point is 00:36:23 So if there's real jobs out there and the job growth is up, then why are so many are looking for real checks. So if there's real jobs out there and the job growth is up, then why are so many people looking for checks? This is the conflict that's in our labor statistics. We've had people recently that were here on the PBD podcast who said, how is it that the government 14 months in a row kept beating the labor stats, remember that Pat? It's because they make an announcement, they go in the background,
Starting point is 00:36:42 they quietly adjust it. And then next week they say, oh, we beat our estimate. So there's a lot of BS going on. And all I got to say is, look at the number of people laid off, look at what's going in the housing market, look at the number of municipal jobless claims, I don't care about the job creation stats.
Starting point is 00:36:59 When I look around my community and I can see people that are in line for unemployment checks and I see what's going on. This is the government specifically Biden administration is creating good news out of statistics and there's a couple times that they've done some magic spreadsheet work. Look at that spike pet. That was an adjustment that they made in birth debts. The starts going this way. No, no, no, sorry, it's up here. And you've got experts on this, like Daniel, come out and say, 37% of those jobs are made by a spreadsheet.
Starting point is 00:37:29 Thank you for that. Break down. No, genuinely, that's a little more of the value. Can I add a little attainment to this thing? This other article here, I think is very entertaining here. Let me just read it real quick. It's basically, it's an article from the insider. It says, no job, no problem.
Starting point is 00:37:45 For some, here's a new term, fun employment. Summer, after quitting sounds like a perfect job. Fun employment is a term for embracing joblessness as liberating and empowering. Prioritizing personal pursuits and self-reflection is about enjoying life. Rather than rushing into a new job, pandemic has shifted perspectives on work and life, leading to burnout and restless sense around 28% of lead off workers planned to take a break before their next job, recognizing the opportunity
Starting point is 00:38:13 of self-care and exploration. Those with savings and severance are taking advantage of fun employment summer. They pursue passions, personal growth, and even make career changes. Realizing that traditional work may not bring them fulfillment. People want to have that work-life balance. People want to have that fun and fulfillment summer.
Starting point is 00:38:34 Last year it was Hot Girl Summer. Then before that I think it was White Boy Summer and Shout Out The Chet Hanks. Now it's fun and employment summer. Who needs money? We can get money from the government, baby. Exactly. And let's go back. Can you take us back to your man on the street interview with a young woman that came from New York with that government money? To have a fun employment week. There's a beginning and a middle to end of this fun employment.
Starting point is 00:38:57 The beginning is you got to check from the government for $6,000. What are you going to do with that money? I'm going on spring break vacation. I said, oh, they were only given out $1,800. How'd you get six grand? Or so she goes, I got to pendants, maybe, oh, you got kids, I go by the way. How much did you spend on this vacation? $6,000. How much money you have left in the account after this trip. I have no money left.
Starting point is 00:39:22 Okay. Sounds like that fun employment's gonna be coming to an end and you're gonna have what is called unemployment at that point. Then you're gonna need to be collecting unemployment checks and then you need to be back on the government situation again. Fun employment leads to no money after a while. You're looking for someone to take her to dinner
Starting point is 00:39:39 and you're a cute guy with a market. And Vinnie, exactly, that's what happens when these girls collect them fun employment checks. They all, they want some dude out there to start funding their lifestyle. Gentlemen, be very careful of these leeches out here. I need that clip in my emails. I can forward it.
Starting point is 00:39:54 You know what? And this is the perfect transition into why the sector is roast by the way. In the three months after the end of road, the economist, this is a true story by the way. The economy comes out with the story talking about following the Supreme Court decision of DOBS versus Jackson, women's health organization ruling,
Starting point is 00:40:12 which allowed states to ban abortion and demand the vasectomy surge in the summer of 2022, Dr. Doug Stein, a urologist, saw registrations for vasectomies, almost tripled a week after the ruling, insurance claims data indicates 17% increase in procedures and a six month following the ruling after a with a 29% increase between July and September while the number of the sector needs have been gradually increasing in recent years the rate of Americans who have undergone the procedure is lower than it
Starting point is 00:40:44 was 20 years ago. Men who were motivated by dobs ruling cited various reasons for choosing the sector, including concerns about limited access to abortion as a backup contraception method. Fears of a sector, it could be outlawed next in a sense of solidarity with women. The sector is being as seen as a sacrifice that eases the burden of contraception responsibility responsibility from women and is often associated with gender,
Starting point is 00:41:08 quality, equality, what a noble cause. So when are you guys getting yours done? Yeah, I'm so specific. I'm, I'm not having the, Adam, you're trying to have a kid. I, I'm trying to have one. So I'm, I'm gonna wait. I'm gonna, everybody out there. Yeah, my brother has four, my brother.
Starting point is 00:41:21 Any thoughts on this? Of course, of course. What do you want to say about this? Well, this is gonna be a very controversial Controversial take okay, so brace for impact Only men can have a sector me's that's what yeah, you're only meant women cannot have Homophobic transphobic hey, it is what it is you're a phobic just like only women can have babies. I said it I don't know what no, no, no, I'm taking that stance right there
Starting point is 00:41:44 You know, I actually had a conversation. We had a whole debate about this. Rollo, Rollo Tomassi shout out to him. He made a whole shit storm, tweet storm out there, basically saying the quickest path to being a high value man was to do the following seven things. And number three, I believe, was Get of a Sectomy. And it was very controversial. People were like, what are you talking about? Why would you demand get of a sector? And basically, he says, there was a whole checklist of things.
Starting point is 00:42:11 And essentially, and he highlighted the quickest path is not rushing to have kids, not rushing to have a family, focusing on yourself, focusing on not having kids, focus on your money, focusing on all that, which I can appreciate, because I've sort of followed that path. And now that I've made my money, focusing on all that, which I can appreciate because I've sort of followed that path. And now that I've made my money, have my network, things are good, life's good, I'm fully prepared,
Starting point is 00:42:31 fully ready to basically utilize my non-visectomy to the ladies out there taking applications. And I think that the next situation is, yeah, I would like to have a family. And I fully agree with kind of what he's saying. And I wouldn't take what he was saying too literally. I don't think people are rushing to genuinely get for sanctamies, but not having kids
Starting point is 00:42:51 and not starting a family, at least in your 20s and even in your 30s, early 30s, I think is important. And then the next phase, I think it is very important to be a family man. Well, as you know, Patrick, he told us, you're leaving this weekend. So is there any possibility you want to throw everybody where you're going? And maybe you might pull the trigger.
Starting point is 00:43:07 You might come back and I'm going back to Romania to see take we're gonna go have a great time. We did the filming. Now I'm invited back and there's a lot of great opportunity, great success. I like that. So we'll see. Yeah, but Tom, you waited until you're quite played this clip with Doc. You can watch this video. I till you're to play this clip with Dr. Fah Watchers video.
Starting point is 00:43:26 I love it. I love it. Gender boys who might not have their own money to go buy tampons. If they're provided free in the bathroom, it's a huge class. Men do not menstruate. Only women menstruate.
Starting point is 00:43:39 Now you can call yourself whatever you want. Don't menstruate, but trans men do menstruate. It's non-binary people. Only men. Men's rating is not exclusive to theseate. Say, it's non-binary people. Only men. Men's rating is not exclusive to these women. No, it's not. Yes, it is. So it's used to wipe my point.
Starting point is 00:43:51 And you are, if your chromosomes are XX and your young you men's straight, if you're XY, you don't. Correct. But what about trans men and non-binary? They're not men. They're not men. They're their women. That's right.
Starting point is 00:44:02 You are not a man. Camo, you have to pretend to be a man. That's okay. That's perfectly fine. Live your life and tell me what a man is. Well, what's a man to you? You define a man for me. You have chromosomes that X and Y, that's what a man is.
Starting point is 00:44:16 So why are we just looking at the science of this as a sign when we've lost a sex and gender identity to very completely different things. That's the truth. Exactly. The truth. And sex is what you're born with.
Starting point is 00:44:32 The sexual reproductive organs you have. Gender is what you identify with. They're completely different things. Well, I don't accept that distinction. You have to argue for it. You're just giving a conclusion. You're just making it up. People, the people, the people, the truth.
Starting point is 00:44:46 People love that truth. But people are leaning back to these uncomfortable. People, if you want to identify in any way you can, you're free to do so. But that is not me that the rest of us have to join that illusion. You disagree, I disagree with you and so you call it hate. There's no hate in my heart at all. So you that's you are being hateful when you tell somebody that identifies as a man That they're not a man Aren't you be honest I tell you I love that he's wearing a pink shirt I love it and he's like
Starting point is 00:45:18 Listen, but I got I'm a fifth grade teacher He's playing with his chest. He's like, you know what you don't you don't got a vagina. You know what's amazing? You're a guy. I'm a fifth grade teacher. He's playing with his chest. He's like, you know what? You don't, you don't got to vagina. You know what's amazing? You're a guy. I'm a fifth grade teacher. Come on. I love his growth. Two things. In my new hero.
Starting point is 00:45:32 You know at the end that he was gonna be called hate and right wing extreme. He's like, oh, fifth grade teacher here, buddy. Why is his voice so important? Cause this guy deals with nine year olds and 10 year olds who think their unicorns and princesses and Peter Pan and astronauts and they're living in fantasy land and they are not. So, he knows how to identify people who are just living in never, never land and being
Starting point is 00:45:55 like, I know Scotty that you think you're an astronaut and you wear an ant little or you think you're a T-Rex, you're just a boy. So, I'm going to allow you to think you are, you're just a boy. Same thing as the tranny's out there. You're just a man dressing up in skirts. Yeah, and at the end of the day, do you, I hope you get the right, because the gender of those four years,
Starting point is 00:46:14 that's whatever they need to do, do. And that's a great point that he made. I disagree, doesn't mean I hate, and like, do we say, listen, leave the kids, let the kids make up their own decision, leave them alone, you're transphobic. Labels put on you and you hate them. It's like, can we say, listen, like leave the kids, let the kids make up their own decision, leave them alone, your transphobic labels put on you and you hate them. It's like, bro, do your thing.
Starting point is 00:46:29 That's the problem. The definition of transphobic is the hatred of trans people. Nobody hates trans people. Saying, hey, I don't think you're an actual woman. I think you still got your dick. And I don't think you have a period. I don't hate you. I'm just kind of telling you the truth.
Starting point is 00:46:42 The facts, facts, I don't give a shit about your feelings. Exactly. They don't, they really don't. You know,'m just kind of telling you the truth. The facts, the facts don't give a shit about your feelings. Exactly. They really don't. Bill Marr, what was it? Four or five months ago did a beautiful diatribe. And he just kind of laid it out. And at the very end of it, he said, me personally, when I was young,
Starting point is 00:46:57 I wanted to be a pirate. And I'm so glad my parents didn't send me out for eye removal. Like surgery. That's how he summed it up. Exactly. Like surgery. That's not really. That was how he summed it up. He said, it's a phase and everything is a phase in kids. And I think in all seriousness,
Starting point is 00:47:13 maybe a great point. I fully agree. I think in all seriousness, the number one thing is, you got, you guys want to dress up and do your little thing? Stay away from the kids. Stay away from the freaking kids. Oh, here's with Prager. Amazing. Even better. Is that the clip or no? No. Oh, here's with Prager. Amazing, even better.
Starting point is 00:47:26 Is that the clip or no? No, no, it's the clip where he was saying. No, no, no, no. He goes through the, you want to give a hot take on this? No, I don't have a hot take. It's kind of a sense, man. It's just, you know, you can keep trying to push this down.
Starting point is 00:47:37 People's throat. But guess what? Your start to look like clowns is what you're starting to look like. Absolute clowns. And who looks even bigger of a clown? You you know who's a guy that works at uh What is the guy's name who uh work set MSNBC? He does the elections man. I wish I could be for Naki man Oh, give me my name. No, no, no, no, give me the name. She's like what is it with these guys that you do you know a studies show that
Starting point is 00:48:01 You know the whole thing about there's only two different sexes. That's actually not true. Do you know recent studies have shown, listen to this come like, do you realize like, you're a pretty credible guy to say, I'll find it and I'll give it to you guys, you know. Chuck Todd? Chuck Todd said something in the interview. Yes, Steve Kornacki does all the lectures.
Starting point is 00:48:19 Well, he did, but Chuck Todd did say something along the lines. No, no, it's Chuck Todd. It's Chuck Todd. That's it. Meet the press, Chuck Todd. Chuck Todd, University of Miami grad. Well, very Chuck, come on. Did you see what he said about it?
Starting point is 00:48:28 That is so Chuck. Who was he interviewing Pat? Who was it interview? Oh my God. Chuck Todd's interview and he goes, it's not just about, like, it's like things have changed and there's different, and the guy was like, no, no, I don't know. Yeah, it was Vivek, this was it, Pat, right?
Starting point is 00:48:40 Yeah, yeah, that's it. That's it. But don't do the whole one minute and 51 seconds. See if you can find a shorter version of it. Are you confident? Okay, he will, I found it. I'm gonna text it to you. I'm gonna text it to you.
Starting point is 00:48:49 I lost all respect for him. You gotta hear this. This is like, how can you even say something like that and have still have credibility? I texted it to you. Adam, you're losing respect. You're gonna lose respect. Rob, let me know if you got it.
Starting point is 00:49:02 It's mind-boggling. Did you lose respect for him? Be honest. I don't know if I had in the first place to lose it. Like, there needs to be some respect to got it. It's mind-boggling. Did you lose respect for him? Be honest. I don't know if I had it in the first place to lose it. Like, there needs to be some respect to lose it. Yeah. When you continuously say stuff that makes zero sense, you just lose credibility.
Starting point is 00:49:15 That's all as simple as that. Watch this. I can't believe it. This is what Vivek and Vivek is sitting there saying, like, you work for this company. How did you get a job for this company? Watch this. Go ahead.
Starting point is 00:49:30 You confident that you know that gender is, as binary as you're describing it, are you confident that it is an aspectrum? I have a list of the scientists. Well, there's two X chromosomes. If you're a woman, an X and a Y, that means there's a lot of scientific research out there. There's a lot of scientific research out there there's a lot of scientific research out there that says gender is a spectra research check I respectfully disagree gender dysphoria
Starting point is 00:49:51 for most of our history all the way through the DSM-5 has been characterized as a mental health disorder and I don't think it's compassionate to affirm that I think that's cruelty when a kid is crying out for help what they're asking for is you got to ask the question of what else is going wrong at home what else is going wrong at home What else is going wrong at school? Let's be compassionate and get to the heart of that rather than playing this game as though we're actually changing Right our medical understanding for the last hundred years you come to work that a chuck Todd what says that There's people that watched is who are regular people and say well I'm never gonna have a show on TV
Starting point is 00:50:25 especially at a company like that. That guy probably knows what he's talking about. Yes, what? There's more than two genders. No! That week, where is the credibility for some like that? Well, would make him say that, but real talk, what makes him say that?
Starting point is 00:50:37 He's reading off his notes and his chart. Why would you even say that? A clown show. Because to keep his job, he's a wind-up toy soldier for the left. Look, just just to kind of so all of this kind of ties all together with a Company we are all deeply concerned about and I think we need to they're you know the way they're going right now They're funals coming soon but but like let's talk about but light here But light experience another week of sales decline drop in 24% from a year ago
Starting point is 00:51:03 This is a fox business story but light experience another week of decline last week of sales decline drop in 24% from a year ago. This is a Fox business story, Bud Light experience, another week of decline. Last week of May with a 23.9% decrease in sales on a dollar basis compared to the same period last year. And sales have fallen another 24.5% the past four weeks. According to Nilsen IQ data, the sales decline can be attributed to the backlash face
Starting point is 00:51:23 by Bud Lightf and parent company Anheuser-Bush since creating custom cans for its transgender influencer Dillamolveni in early April. However, the week ending May 27 marked a smaller decrease compared to the previous week. Factors contributing to the smaller decline include effective communication by Anheuser-Bush distributors, continued merchandise, placement by retailers and strong Memorial Day sales driven by discounts and rebates and challenge in comparisons to 2022 sales time. This is really funny.
Starting point is 00:51:52 I don't need to talk about this anymore. I mean, this is some Budweiser walking with a permanent limp the way they've shot themselves on the foot. Well, but what is happening on the back end? For beer drinkers at One Good beer pat? Check this out. Well, once a year, you have the Great American Beer Festival and that's in Denver, Colorado. It's known as the Oscars of brewing.
Starting point is 00:52:13 And it's run by, you know, independent minds and Sam Adams has always been a great supporter of it. As a matter of fact, back in 2009, I finished third place, American Pale Elle Company. Shout out to you, Tom. You're joking. I'm not joking. Bistock is a craft brewer on the side when he has space and time, which is hard with the Bistock babe and two girls in school. But what is happening right now is the craft breweries used to make rich tasty beers. You go into a bar or something like any and it's, oh, you know, the organ honey organ honey bearers got a rich, different taste.
Starting point is 00:52:47 What they've been making over the course of the last two years is more fast, drinkable, and mass drinkable. They've been aiming at Budweiser, ironically. And there are these five breweries that have come out of nowhere and they're being covered on social media by their followers or things going on. So what is happening is the American entrepreneur and craft brewers are fighting back. And you've got people like the Odell Brewing Company in Colorado, creature comforts in Athens, Georgia, exhibit a brewing company,
Starting point is 00:53:19 which I think is hysterical and framing a Massachusetts, dovetail brewery. They are all brewing better than Budwizers. It's mainstream American pilseners aim to be better than Budwizers and they're taking off because they've gotten lift over the past month because people are saying, why drink Budwizer? Why don't you drink the dovetail brewery Budwizer copy, but it's actually better than Budwizer.
Starting point is 00:53:42 And so American beer drinkers are supporting small entrepreneurs, craft brewers that are brewing stuff up. So, it's not just the boycott, the consumer, the beer drinker didn't stop being a beer drinker for the summer. They're looking for alternatives and they're finding it and they're finding it coming from American entrepreneurs coming out of the Great American Beer Festival. And I think this is a fantastic, unintended consequence coming at Budweiser.
Starting point is 00:54:09 And Tom, who just ranked up to number one as the most popular beer in the United States? In terms of mass produced. Mass produced. Mass produced factory beers? Modelo. Modelo, let's go baby. That is the most disgusting beer in the world.
Starting point is 00:54:21 When Modelo is number one, there's problems. We guys like Modelo? I mean, I only could drink it with like a Michielad, I only drink it when I Madelo is number one, there's problems. We got like Madelo, I mean. I only could drink it with like a Michielad, I only drink it when I'm pissed off. Yeah, but up had to you guys see what Dillamovane he said about this whole thing. He said, more companies should work with more diverse groups
Starting point is 00:54:34 of trans people after this whole debacle would bud light. And he said, and I quote, for a long time, I felt so lucky that these opportunities were coming my way that I thought it was by accident. But now I realize how much power I actually have. He goes, if a brand wants to work with me so bad, then they should work with other trans people too. It's not enough just to hire me,
Starting point is 00:54:52 this white skinny trans girl, I want all the dials to be getting brand new like all these brand deals. Good, so if you're listening to your company, start hiring a bunch of these guys and see what happens to your company. But I'm not being a masculine freaking. But let numbers don't, don't, don't, don't, don't , don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't,
Starting point is 00:55:09 don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don't, don country, or winning, and I think it's fantastic. Yeah, so to wrap it up here, guys, before we finish up the podcast, there's a story that came up about Mel Gibson. I kind of want to talk about this. The story was about, I even retweeted it, is a story about the child trafficking documentary
Starting point is 00:55:34 that he's doing a four-part documentary. It was written by Newsweek saying that he's doing this. So is this the Newsweek one? Yeah, his Mel Gibson making okay. Reports have emerged claiming that Mel Gibson is working on a four-part document series, uh... if is this the news week one yet is mel Gibson making up uh... it reports uh... having merged claim that milgipsen is working on a four-part document is uncovering the global set the child sex traffic market involved in countries like you create social media influencers mad wallets tweeted
Starting point is 00:55:54 is time to expose the truth while the founder of the operation on the undergrounded railroad tim ballard hinted at gipsens involvement in the document is gipsens represent denied the rumor stating they are in accurate howeveru-series. Gibson's representative denied the rumors, stating they are inaccurate. However, high profile political influencers have expressed support with the former Arizona governor, nominee Kerry Lake stating,
Starting point is 00:56:13 Mel Gibson's heart and soul are on the right place. Gibson's controversial past, including racist, anti-Semitic, and sexist comments has fueled speculation. However, fact checkers have revealed that certain quotes attributed to Gibson are false and misleading. So we don't know what's gonna happen
Starting point is 00:56:28 whether he's gonna produce it or not. If he does, he would be the right guy to do it. And this Tim Ballard guy has been involved in this for quite, he had some trouble I think also a couple of years ago, but it would be very, I'm reading this book by Tommy Matolo yesterday about the story of Tommy, I couldn't put the book down. And you know, there's a part where he was trying to make a movie. I'm reading this book by Tommy Matolo yesterday about the story of Tommy. I couldn't put the book down and
Starting point is 00:56:46 You know there's a part where he was trying to make a movie and this movie was supposed to be him and Robert De Niro and some big name guys that we're gonna do this, okay? And last minute their sender said it's it's a story about going up against pedophilia and what was really taking place and Last minute it never got funded for the movie to be made So movies like this documentaries like this shows like this There's a lot of people that want don't want to do it because where are you gonna platform it? Where are you gonna put it up? But if there's a guy that could do it and pull it off is definitely male gifts. I put it on Twitter
Starting point is 00:57:24 I put it on Twitter. I put it on Twitter. Yeah. That's what was going to happen. And I think Musk would be okay with that. Anyways, gang, we covered a bunch of different stories today. Once again, for those of you guys that are staying wanting to take interview, text award 310-340-1132, text award date to 310-340-1132, once again, 310-340-11332, there will be no podcast next week. Go ahead.
Starting point is 00:57:47 Yeah, well, I just want to give a quick shout-outs to everybody that showed up to the live event that we did last week, the Fresh and Fit podcast. We sold out, shout out to the Value Tainant crew out there that came, that was amazing. Thank you for the opportunity, PPD. I hope we didn't let you down. It was awesome, shout out to the team.
Starting point is 00:58:01 And thank you again for the tape trip. It was awesome, amazing. If any, you were low-key, The MVP of that trip. You were hilarious. We got a lot more great. We had an awesome trip. Interviews like Yes. Coming up here very soon. Yeah, and we're both out next week. You're gonna be with your family. We're gonna be back to Romania. We'll see. I'm gonna be out next week. But okay, sounds good. Take care everybody. We'll see you guys soon. Bye bye. Bye. Bye. Bye. but okay sounds good take everybody we'll see you guys soon bye bye bye bye

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